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  • MIL-OSI: XA Investments Launches Interval Fund Index Providing Greater Transparency to the Marketplace

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) — XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announced the launch of the new XAI Interval Fund Index (“INTVL”). A total return index, INTVL tracks interval/tender offer funds registered under the Investment Company Act of 1940, with over $100 million in net assets.

    At the end of March 2025, the Index’s 77 constituents combined for more than $103 billion in total net assets, or roughly 60% of the net asset value for the entire interval and tender offer fund market. The Index has a January 2023 base date with two years of historical performance.

    “The XAI Interval Fund Index will give asset managers and financial advisors an unprecedented level of clarity in a market that has been notoriously difficult to track,” stated Kim Flynn, President of XA Investments. “By applying our in-house research, proprietary data, and rigorous methodology, XA Investments has been able to create the first index tracking the interval and tender offer fund market,” Flynn added.

    INTVL marks a shift in evaluating funds and continuing advancement for asset managers, financial advisors, and individual investors. The index offers market insights through daily intelligence to monitor and track the interval and tender offer fund market. Designed to act as a barometer for the interval and tender offer fund market, the XAI Interval Fund Index makes essential market insights possible.

    “The introduction of the XAI Interval Fund Index is another example of XA Investment’s leadership in providing the closed-end interval and tender offer marketplace with the innovative research and data needed to solidify investor interest in this burgeoning investment option,” said Philip Hasbrouck, senior managing director, Cliffwater. “The team at Cliffwater expects it will quickly find acceptance as a valuable tool by asset managers, Registered Investment Advisors (RIAs) and individual investors alike.”

    INTVL has a diverse mix of interval funds with varying investment strategies across seven different asset classes including credit, real estate/real assets, hedge funds, specialty, multi-asset, tax-free bonds and venture/private equity. The Index currently has 77 constituents which includes interval and tender offer funds with a daily or weekly net asset value that meet a minimum asset threshold. The Index is calculated daily and rebalanced quarterly. Indxx, Inc. serves as the index calculation agent.

    For more information on the XAI Interval Fund Index, please visit https://xainvestments.com/intvl. If you would like to license the Index, or have any questions, please contact info@xainvestments.com or 888-903-3358. The XAI Interval Fund Index is available on Bloomberg under the ticker INTVL.

    About XA Investments

    XA Investments LLC (“XAI”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund, respectively the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity Premium Income Fund (NYSE: MCN), and the Octagon XAI CLO Income Fund (OCTIX). In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including product development and market research, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. For more information, please visit www.xainvestments.com.

    Media Contact:

    Joanna Sowa

    jsowa@xainvestments.com

    312 374 6938

    The MIL Network –

  • MIL-OSI: Flourish Announces Relationship with Carson Group

    Source: GlobeNewswire (MIL-OSI)

    New York, April 09, 2025 (GLOBE NEWSWIRE) — Flourish, a platform that helps registered investment advisors (RIAs) grow by evolving from holistic advice to holistic implementation, today announced a new relationship with Carson Group Partners (“Carson”), a financial advisory network of more than 150 RIA offices and approximately $42B in assets under management. The partnership will bring Flourish Cash, Flourish’s flagship cash management offering, to all Carson advisors.

    Carson manages approximately $42 billion in assets and counts more than 52,000 client families in its advisory network. This new relationship reinforces the importance of cash being a part of the client-advisor strategic conversation. 

    “Industry research and our own Flourish data confirm that high and ultra-high net worth investors hold about 20% of their net worth in cash. These funds are typically sitting in checking and savings accounts earning next to nothing and often well over the FDIC limits, unprotected from potential bank failures,” said Flourish CEO Max Lane. “While held-away savings are discussed as part of holistic planning, without a specific advisor-centric solution there’s often no follow-through on optimizing reserve cash. This partnership gives Carson advisors an integrated, secure, higher yielding cash option to optimize clients’ held-away cash while also uncovering new assets to drive organic growth.

    “Carson is committed to equipping our advisors with innovative financial tools that elevate client results and solve real world needs. Flourish serves to help advisors execute on financial plans, unlocking growth and adding protection,” said Dani Fava, Chief Strategy Officer at the Carson Group. “This partnership strengthens advisor capabilities while seamlessly integrating into existing workflows. The greater visibility into clients’ cash savings offers advisors a route to growth.”

    Flourish’s products are built exclusively for RIAs and help financial advisors bring held-away assets into their orbit. Flourish also offers Flourish Annuities, an end-to-end digital annuities solution that makes it easy for RIAs to include annuities in client portfolios.

    Over 900 RIAs managing over $1.6 trillion in combined assets trust Flourish to help them fully execute financial plans and bring more assets into their orbit. As a platform that helps RIAs grow by evolving from holistic advice to holistic implementation, Flourish also allows advisors to feature their firm’s branding as well as providing client-friendly marketing materials, premium support, and more.

    ABOUT FLOURISH
    Flourish builds technology that empowers financial advisors, improves financial lives and retirement outcomes, and delivers new and innovative investment options to advisors. Today, the Flourish platform supports more than $7 billion in assets under custody and is used by more than 900 wealth management firms representing more than $1.6 trillion in assets under management. Flourish is wholly-owned by Massachusetts Mutual Life Insurance Company (MassMutual). For more information, visit www.flourish.com. 

    ABOUT CARSON GROUP
    Headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses — Carson Wealth, Carson Coaching and Carson Partners. Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their firms by providing marketing, compliance, technology, investment strategies, succession planning, M&A support, and coaching. The company currently manages approximately $42 billion* in AUM and serves more than 52,000 families among its advisor network of 150+ partner offices, including 50+ Carson Wealth locations. For more information, visit www.carsongroup.com.

    *Combined AUM of CWM, LLC and NWCM.

    Forward Looking Statements

    This press release may contain forward looking statements that are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied.

    This feedback may not be representative of the experience of other customers, and is not a guarantee of future performance or success. 

    Flourish is an online platform through which investors can access financial services and products. Flourish’s offerings are provided by different entities and are subject to different terms, investor protections, and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. Flourish Annuities refers generally to the annuity platform operated by Flourish Technologies LLC and to Flourish Insurance Agency LLC, and, where applicable, Flourish Financial LLC. Flourish Insurance Agency operates in its capacity as a licensed insurance producer with offices in Jersey City, New Jersey, and does business in California under the name Flourish Digital Insurance Agency, providing insurance services related to such platform. Variable annuities, defined in this context to include Registered Index-Linked Annuities (“RILAs”), are offered through Flourish Financial LLC. Annuities shown on the platform are sold through Flourish Annuities, and are issued by one or more licensed insurance companies. The Flourish entities mentioned above are affiliates. Flourish Cash and Flourish Annuities accounts are separate accounts and only assets in Flourish Cash accounts may be eligible for protection by the FDIC or SIPC. Please review the Legal section of our website, and the disclosures provided with each Flourish service or product for further information. If you were introduced or invited to Flourish by an investment advisor or other third party, please be aware that, unless otherwise disclosed to you, they are not affiliated with any Flourish entity. The role of the investment advisor or other firm that invited you to Flourish may vary between different Flourish services and products, as further described in your terms of service. © 2025 Flourish. All rights reserved.

    A Flourish Cash account is a brokerage account offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. The cash balance in a Flourish Cash account will be swept from the brokerage account to deposit account(s) at one or more third-party Program Banks that have agreed to accept deposits from customers of Flourish Financial LLC. The accounts at Program Banks will pay a variable rate of interest. The cash balance in a Flourish Cash account that is swept to one or more Program Banks is eligible for FDIC insurance, subject to FDIC rules, including FDIC aggregate insurance coverage limits. FDIC insurance will not be provided until the funds arrive at the Program Bank. Flourish Cash’s current Program Banks can be found here. For additional information regarding FDIC coverage, visit https://fdic.gov/ and https://www.flourish.com/advisors.

    The MIL Network –

  • MIL-OSI Global: Shark AI uses fossil shark teeth to get middle school kids interested in paleontology and computer vision

    Source: The Conversation – USA – By Christine Wusylko, Postdoctoral Fellow in Educational Technology, University of Florida

    A student creates their model using Google Teachable Machine. Christine Wusylko, CC BY-ND

    Most kids have a natural curiosity about sharks − especially their sharp and abundant teeth. Our team had the idea to use the appeal of this charismatic apex predator to teach how scientists use artificial intelligence.

    We are researchers in AI literacy and STEM education who helped create a series of lessons that use fossil shark teeth to demonstrate the power and pitfalls of AI.

    The curriculum guides middle school students and teachers through building and evaluating computer vision models that can reliably classify fossil shark teeth. Computer vision is a type of artificial intelligence that uses algorithms and a lot of image data to classify and identify objects. It’s the same technology that enables Google Lens to identify plant species in photographs or self-driving cars to recognize people, cars and bicycles.

    Our free Shark AI curriculum has five modules, which are aligned with national and state science education standards. These standards outline the key knowledge and skills students should learn at each grade level. The lessons are designed to cultivate students’ interest in AI, data science, paleontology and the nature of science.

    Students learn about the different types of shark teeth and what they look like.
    Department of Education, University of Florida, CC BY-ND
    Shark AI students analyze various types of shark teeth.
    Bruce MacFadden photo composite, CC BY-ND

    The overall objective of Shark AI is to show that one does not have to be a computer scientist to use, teach or learn AI. We believe all teachers can and should be prepared to teach about AI in order to facilitate the technology’s meaningful integration into K-12 education.

    Teaching science with AI

    AI is already transforming our lives at a dizzying pace.

    To help prepare kids to live and work in an AI world, it is important for them to learn about the technology in school. Most of the resources available to teach AI in K-12 classrooms focus on the technology itself. As a result, these lessons may be offered only in specialty classes such as computer science and engineering, which may not be offered to all students at all schools.

    Systematic integration of AI in education is relatively new, so many teacher preparation programs are just beginning to incorporate it. There’s a need for professional learning opportunities for teachers already working in schools to learn about AI.

    Our research shows science teachers have a variety of preconceptions about AI. Additionally, many teachers are worried about teaching something they have little experience with. Nearly half of educators told EdWeek in a survey that “they’re uncomfortable with AI technology,” suggesting they are unlikely to add AI lessons to their already packed curriculum.

    Sorting sharks’ teeth

    To break down that unfamiliarity, the curriculum starts by introducing the various types of AI, such as natural language processing, automated speech recognition and computer vision. Students then get to work with fossil kits containing 15 real fossil shark teeth and one 3D-printed megalodon tooth. Megalodons were behemoth sharks that roamed the waters starting 20 million years ago and are now extinct. Students sort teeth in any way they want – such as by size, color or shape. Then, they learn how scientists typically classify fossils and practice sorting the teeth by species of shark and by what it eats.

    A student examines the features of a shark tooth fossil.
    Christine Wusylko, CC BY-ND

    After this, students use Google Teachable Machine, a free, online tool that uses the powerful TensorFlow.js machine learning model trained on millions of images. That creates their own computer vision model to classify fossil shark teeth. The data they use can be pictures they take of the real teeth in their kits or pictures they upload from databases such as the Smithsonian National Museum of Natural History paleobiology digital collection or iDigBio.

    The models occasionally misclassify teeth, which creates an opportunity for teachers to discuss bias and limitations of computer vision, such as why it is important to train AI on lots of high-quality and diverse images.

    The Shark AI curriculum concludes with students creating, showcasing and discussing their own computer vision models.

    Different ways students classify fossils.
    Christine Wusylko, CC BY-ND

    Through these activities, students learn about AI concepts such as the strengths and weaknesses of AI compared with human intelligence along with paleontology concepts such as the fossil record or the information that can be learned about the history of life on Earth by studying fossils.

    Teachers have the flexibility to modify the activities, sequence and time they want to spend on the curriculum. This allows them to highlight the aspects that make most sense for their instructional needs and goals.

    To prepare teachers to use Shark AI, we host a weeklong professional learning session in which teachers learn how AI is used in science. They also practice doing the activities in the curriculum, and we leave plenty of time for discussion to demystify the technology.

    An important component of the training is to create a community for the teachers. They have opportunities to check in, brainstorm and troubleshoot together throughout the year.

    The Shark AI staff also checks in frequently with teachers individually to provide personalized support, usually troubleshooting questions about Google Teachable Machine. The teachers meet as a group once every few months to build community.

    Instructors work with Shark AI teachers during the weeklong professional learning session.
    Photos courtesy of the UF College of Education., CC BY-ND

    With these supports, we have found that teachers can change their understanding and beliefs about AI, and feel comfortable and prepared to teach science with AI methods.

    Christine Wusylko works for the University of Florida and receives funding from the NSF.

    Pavlo Antonenko works for the University of Florida and receives funding from the NSF.

    – ref. Shark AI uses fossil shark teeth to get middle school kids interested in paleontology and computer vision – https://theconversation.com/shark-ai-uses-fossil-shark-teeth-to-get-middle-school-kids-interested-in-paleontology-and-computer-vision-251125

    MIL OSI – Global Reports –

  • MIL-OSI: Form 8.3 – [Niox]

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Danske Bank A/S
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 NIOX Group plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 08 April 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: Equity
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 13 151 636,00 3,30    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 13 151 636,00 3,30    

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

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    Equity Sale          501 958,00
           
               		 69.088 GBP

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 09 April 2025
    Contact name: Kotryna Cinciuke
    Telephone number*: +37060405825

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

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

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

  • MIL-OSI: Emerald Technology Ventures Celebrates Four Portfolio Companies in TIME’s World’s Top GreenTech Companies of 2025

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 09, 2025 (GLOBE NEWSWIRE) — Emerald Technology Ventures, a global pioneer in venture capital dedicated to sustainable technologies and industrial innovation, has announced that four of its portfolio companies have been named to TIME magazine’s prestigious Top GreenTech Companies of 2025 list. Nanograf, Tropic, and Ineratec secured spots in the top 100, while Paptic landed in the top 150. The TIME Magazine and Statista analysis evaluated over 8,000 companies worldwide, considering factors such as environmental impact, financial strength, and innovative potential. Emerald Technology Ventures’ success in this ranking highlights the firm’s keen eye for transformative green technologies.

    As the first independent cleantech venture capital fund in Europe, Emerald has carved out a distinctive space in venture capital for over two decades, leading the charge for sustainable industrial innovation. Emerald backs innovators that deliver both environmental impact and financial success. Today’s recognition underscores that sustainable technology is not just a moral imperative—it’s instrumental in gaining a competitive advantage, with Emerald at the forefront of helping large corporations adapt and discover the technology that will bring their business into a successful future.

    Highlighted Portfolio Companies

    Nanograf
    Ranked as 51, the Chicago based company, Nanograf, is a leader in advanced battery materials. By developing advanced graphene-based materials, Nanograf dramatically improves battery performance and energy storage capabilities. Their innovative nanotechnology solutions enable longer-lasting, faster-charging batteries for electric vehicles and renewable energy storage systems, addressing critical challenges in clean energy infrastructure.

    Tropic
    Another honoree, ranked 82, Tropic (formerly Tropic Biosciences) continues to push the boundaries in sustainable agriculture through genetic innovation. Its flagship innovation leverages gene-editing technologies, such as CRISPR, to develop resilient tropical crops like bananas and coffee. Tropic’s work enhances crop durability against climate change-induced stresses—drought, pests, and diseases—while reducing pesticide use and food waste. For instance, its non-browning banana variety extends shelf life, addressing supply chain inefficiencies.

    Ineratec
    Also placed in the top 100, Ineratec, ranked 94, is a pioneer of sustainable synthetic fuels through its Power-to-Liquid (PtL) technology. Its innovation centers on modular, microstructured reactors that convert renewable electricity, CO2 (captured from the air or industrial sources), and hydrogen into carbon-neutral e-fuels like e-kerosene, e-diesel, and e-methanol. These drop-in fuels decarbonize hard-to-abate sectors like aviation and shipping, with a Frankfurt facility set to become Europe’s largest e-fuel plant by late 2025, producing thousands of tons annually. Ineratec’s scalable, efficient reactors offer superior heat transfer and rapid deployment, advancing the shift from fossil fuels to renewable energy carriers.

    Paptic
    Securing a position as 144, Paptic represents Emerald’s diverse approach to sustainable innovation. Based in Espoo, Finland, Paptic is redefining packaging with its wood-based, recyclable material designed to replace single-use plastics. Its innovation is a bio-based, fiber-derived “paper-textile” that combines the durability and flexibility of plastic with the recyclability and biodegradability of paper. Produced from sustainably managed forests, Paptic’s material—available in variants like Tringa—saves 20-30% water and energy compared to traditional paper production while offering tear resistance and water repellency. Used in e-commerce packaging, retail bags, and more, it integrates with existing manufacturing lines, supporting a circular economy by reducing plastic waste and fossil resource dependency.

    About Emerald Technology Ventures
    Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with four current funds, hundreds of venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups. Bold Ideas. Bright Future. www.emerald.vc.

    Media Contact
    Len Fernandes
    Firecracker PR
    len@firecrackerpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71b23075-0133-4355-bc40-24f7174a9fdf

    The MIL Network –

  • MIL-OSI Global: How windfalls from commodity price booms come back to bite exporters

    Source: The Conversation – UK – By Lotanna Emediegwu, Senior Lecturer in Economics, Manchester Metropolitan University

    Zhengzaishuru/Shutterstock

    When the wholesale prices of essential goods like food or oil suddenly rise, it can cause deep shifts in the economy that upend trade balances and hike inflation rates. This is known as a commodity price boom.

    The outbreak of war in Ukraine in February 2022 spurred European and US sanctions on Russian oil companies which restricted global oil supply. The ensuing shock hiked energy prices in the international market and meant that the price of Brent crude, a global benchmark for oil prices, reached US$122 (£95) a barrel on March 21 that year, its highest level since 2015.

    Price inflation has forced households in importing nations like the UK to pay a premium to fill up cars. It has also raised food prices, as the cost of shipping food to supermarkets and restaurants has increased, as well as utility bills.

    Meanwhile resource-rich exporter nations can make a killing and choose to use the additional revenue to subsidise energy for consumers, issue rebates, or increase funding for public services. Less evident, but no less significant however, are the environmental consequences of these booms.

    A study I published with colleagues showed that democratic nations in oil-rich regions, such as sub-Saharan Africa, are especially prone to increasing pollution when the oil price suddenly soars. This phenomenon stems from the need to ramp up production quickly, to capitalise on fleeting price hikes, which economies with less democratic oversight are able to bypass.

    These (ostensibly) democratic economies appear most attentive to market signals, and in their unbridled rush for quick economic gain, typically raise pollution as they extract and sell more. This is especially true with oil extraction, which produces pollutants linked to cancer.

    We investigated global commodity price booms using the commodity windfall index. This is a collection of prices that market analysts collate to track changes and detect booms as they develop. We measured the effect of price booms on the environment by analysing how air pollution changed in producer countries when the prices of commodities in the index changed.

    The index covers 40 commodities across energy, metals, food and beverages, and agricultural raw materials such as wheat. One is particularly damaging to the environment: oil production.

    The top five oil producers as of 2023 (the most recent year for which data exists) are developed nations: the US (22%), Saudi Arabia (11%), Russia (11%), Canada (6%), and China (5%). As global exporters, all benefit from windfalls caused by oil price spikes.

    Increasing commodity prices justify more intense exploration for new reserves. In the case of oil exploration, this involves seismic surveys, drilling and the use of heavy machinery which consumes lots of fossil energy and releases greenhouse gases like CO₂.

    Oil price surges could make democracies less green

    Among oil-producing and exporting economies, democratic nations are more likely to experience increased pollution during commodity windfalls, compared with autocratic regimes. We characterised democracies by the presence of competitive political participation and regular free and fair elections, among other qualities.

    This is because democratic nations are particularly prone to ramping up resource extraction during price booms. Political pressures drive this tendency, as governments seek to fund popular initiatives or bolster public services before elections. For example, in the US during the 2008 oil price spike, president George W. Bush advocated for increased domestic oil drilling and natural gas extraction with an aim to reduce energy prices and create jobs.

    Autocratic regimes might appear less urgent to exploit commodity windfalls. There are, after all, fewer electoral or public accountability considerations. However, one-party state China’s position as the world’s largest polluter is primarily due to its manufacturing base, not raw material extraction.

    The environmental consequences of commodity booms are a global issue that requires cooperation to solve.

    Developing regions like sub-Saharan Africa and the Caribbean will struggle to reduce emissions from extractive activities, as much economic growth here depends on it. The US$300 billion (£235 billion) annual climate funding pledge for developing countries, agreed at the most recent UN climate summit in Azerbaijan, is not enough to finance the creation of new industries.

    Advanced economies, which bear historical responsibility for the majority of global emissions, must take the lead in addressing this imbalance. This involves both reducing their emissions and providing substantial financial and technical support to resource-dependent nations. A failure to do so would perpetuate global inequalities, as developing nations are asked to sacrifice economic growth for environmental goals while industrialised countries continue to expand their economies.

    The challenge, then, is not just in managing the financial rewards of commodity booms, but in ensuring they do not come at an unsustainable environmental cost.

    Lotanna Emediegwu 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.

    – ref. How windfalls from commodity price booms come back to bite exporters – https://theconversation.com/how-windfalls-from-commodity-price-booms-come-back-to-bite-exporters-244878

    MIL OSI – Global Reports –

  • MIL-OSI: Form 8.3 – [ALLIANCE PHARMA PLC – 08 04 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALLIANCE PHARMA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 08 APRIL 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,993,055 2.2186    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,993,055 2.2186    

    All interests and all short positions should be disclosed.

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

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 14,000 64.226p
    1p ORDINARY SALE 11,500 64.2261p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 09 APRIL 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ADVANCED MEDICAL SOLUTIONS GROUP PLC – 08 04 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ADVANCED MEDICAL SOLUTIONS GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 08 APRIL 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 5p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,884,856 5.4510    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,884,856 5.4510    

    All interests and all short positions should be disclosed.

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

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    5p ORDINARY SALE 2,775 199.544p
    5p ORDINARY SALE 2,225 200.83p
    5p ORDINARY SALE 990 202.5p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 09 APRIL 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ADVANCED MEDICAL SOLUTIONS GROUP PLC – 08 04 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ADVANCED MEDICAL SOLUTIONS GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 08 APRIL 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 5p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 4,690,000 2.1511    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 4,690,000 2.1511    

    All interests and all short positions should be disclosed.

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

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    5p ORDINARY PURCHASE 40,000 202.4313p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 09 APRIL 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI Australia: Smiley face signs support safety around schools

    Source: Northern Territory Police and Fire Services

    New radar speed check signs are being trialled as schools return for a new term.

    New smiley face speed check signs are being trialled as schools return for term 3.

    Motorists can expect to see the new signs at some ACT schools.

    They will light up with a smiley face when a vehicle drives at or below the speed limit.

    If a vehicle exceeds the speed limit, the LED sign will show a sad face.

    The ACT Government has used the smiley face signs before and they have proven successful in slowing drivers down.

    It is hoped the signs will remind Canberrans to drive carefully and keep kids safe.

    “The 40km/h school zone is important because it gives motorists extra time to stop in an unexpected situation,” Road Policing’s Detective Sergeant Sean Evans said.

    “If everyone abides by the road rules and takes a few extra seconds when driving through school zones, children will arrive and leave school safely.”

    These radar speed check signs are not speed cameras. They instead alert motorists in real time if they are adhering to the speed limit.

    The signs are for information only. They do not record any vehicle information.

    Mobile speed cameras will continue monitoring school zones across the ACT.

    Parking safely around schools

    The ACT Government will also target illegal parking around schools, as well as sporting events and sportsgrounds.

    Both licence plate recognition vans and parking inspectors will be out in force.

    “Students are some of our most vulnerable road users and it is critical that motorists driving and parking in school zones understand the importance of abiding by the speed limits and parking legally to keep students safe.” Access Canberra’s Emily Springett said.

    “A key area of focus will continue to be ‘line of sight offences’ and ‘parking in no stopping zones’ which can present a danger to students crossing the road.”

    Anyone parking dangerously or illegally can expect to receive a fine. These range from $132 to over $640.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI: Charging Robotics: Revoltz Wins 2025 TAIPEI CYCLE Award for Micro-Mobility Innovation

    Source: GlobeNewswire (MIL-OSI)

    Tel Aviv, Israel, April 09, 2025 (GLOBE NEWSWIRE) —  Charging Robotics Inc. (OTC: CHEV), announced that its affiliate, Revoltz Ltd. (of which Charging Robotics owns 19.9%), has been named a winner of the TAIPEI CYCLE d&i awards 2025, one of the most respected international honors for innovation and design in the bicycle and micro-mobility sector.

    Revoltz was selected in the Micro-Mobility category, standing out among more than 150 submissions from 11 countries. The award recognizes Revoltz’s unique approach to sustainable last-mile mobility, with the jury, composed of globally renowned designers and industry experts, commending Revoltz’s blend of advanced engineering, functional design, and urban-focused innovation.

    The award-winning product was showcased at the TAIPEI CYCLE exhibition at the Taipei Nangang Exhibition Center and was featured in the online galleries of TAIPEI CYCLE.

    “Winning the TAIPEI CYCLE d&i award is a proud moment for our team,” said Amir Zaid, CEO and co-founder of Revoltz. “It affirms our mission to reshape urban mobility through thoughtful, performance-driven electric vehicles. We believe design and function go hand-in-hand when it comes to transforming how people and goods move in crowded city environments.”

    The Taipei Cycle Show
    Recognized as one of the leading B2B events in the global cycling industry, the Taipei Cycle Show is expected to host 950 companies from 35 countries, featuring over 3,600 exhibition booths. It continues to serve as a central meeting point for high-end bicycle supply chains, with a strong emphasis on innovation and sustainability.

    The show centers around four core themes: Innovation Drive, Green Forward, Cycling Ecosystem, and Smart Cycling. These pillars reflect the industry’s latest developments in technology, environmental responsibility, and evolving cycling culture.

    About Revoltz Ltd.

    Revoltz Ltd., an affiliate of Charging Robotics Ltd., specializes in the design and manufacture of high-end, mini electric vehicles, bridging the gap between traditional automotive design and emerging micro-mobility solutions. Revoltz is committed to creating cutting-edge designs that revolutionize the micro-mobility sector.

    About Charging Robotics

    Charging Robotics is developing various automatic wireless charging solutions such as robotic and stationary charging systems for EVs. Robotic solutions are intended to offer the driver the ability to initiate charging by use of a simple smartphone app that instructs an autonomous robot, which navigates under the EV for access and charging capabilities. Our stationary systems offer various charging solutions, including in automatic car parks where the company’s system allowing EVs to charge in places where drivers can’t connect plugs to sockets. For further information, visit: https://www.chargingrobotics.com/

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on the current expectations of Charging Robotics, and its subsidiary Charging Robotics Ltd. (together, the “Company”), they are subject to various risks and uncertainties, and actual results, performance or achievements of the Company could differ materially from those described in or implied by the statements in this press release. For example, the Company uses forward looking statements when it discusses how Revoltz is transforming how people and goods move in crowded city environments.

    The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the Securities and Exchange Commission. Except as otherwise required by law, the Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of any third-party websites.

    Investor Relations Contact:

    Michal Efraty
    Investor Relations
    michal@efraty.com

    The MIL Network –

  • MIL-OSI Australia: Sustainable Household Scheme saves Canberrans millions

    Source: Northern Territory Police and Fire Services

    The ACT Government’s Sustainable Household Scheme (SHS) has generated over $46.9 million in savings for Canberrans.

    The ACT Government’s Sustainable Household Scheme (SHS) has generated over $46.9 million in savings for Canberrans.

    The SHS provides zero-interest loans to help with the costs of energy-efficient upgrades.

    Since it began in July 2021, savings have been achieved through products including:

    • rooftop solar systems
    • batteries
    • ceiling insulation
    • replacement of gas or inefficient electric appliances with efficient electric appliances.

    The SHS has also supported Canberrans to buy electric vehicles and charging infrastructure.

    The upgrades are resulting in energy bill and fuel cost savings.

    The Sustainable Household Scheme

    Through the SHS, eligible Canberrans have access to up to $15,000 in zero-interest loans.

    Loans can be used on a range of energy-efficient upgrades, such as:

    • efficient heating and cooling
    • cooktops and hot water systems
    • solar panels
    • battery storage
    • electric vehicles
    • ceiling insulation.

    Savings across Canberra

    New data shows the approximate spread of these savings across the ACT.

    Tuggeranong leads the way with $12.3 million saved on bills so far.

    • Tuggeranong: $12.3m
    • Belconnen: $12.2m
    • Gungahlin: $10.1m
    • Canberra Central: $3.4m
    • Weston Creek: $3.1m
    • Woden: $3.1m
    • Molonglo: $2.3m
    • Rest of ACT: $0.3m

    Rooftop solar is particularly popular. Approximately 58 per cent of solar installations in the ACT since the start of the SHS used an SHS loan.

    Reducing costs and emissions

    The SHS has approved over $225 million in loans and supported the installation of over 19,000 sustainable upgrades since it began.

    This not only saves households money on energy bills, but it also helps reduce the territory’s emissions.

    The SHS contributes to the ACT achieving a sustainable, resilient future, with a target of net zero emissions by 2045.

    It is a key part of the Government’s strategy to lower emissions and tackle climate change, while supporting ACT homes to reduce power bills and growing jobs in the region’s renewable energy industry.

    Find out more about the SHS at climatechoices.act.gov.au/policy-programs/sustainable-household-scheme

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI Australia: Call for information – Alice Springs

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force is continuing to call for information in relation to an aggravated assault that occurred in Alice Springs yesterday.

    Police are interested in speaking to the occupants of the pictured vehicle, which was seen in the area at the time of the alleged assault.

    Police do not believe the vehicle’s occupants were involved in the incident, but believe they can assist with ongoing enquiries.

    Anyone with information is urged to call police on 131 444 and quote reference NTP2500036419. Anonymous reports can also be made through Crime Stoppers on 1800 333 000 or via https://crimestoppersnt.com.au/.

    MIL OSI News –

  • MIL-OSI United Kingdom: Acting Traffic Commissioner for Scotland appointed

    Source: United Kingdom – Executive Government & Departments

    Press release

    Acting Traffic Commissioner for Scotland appointed

    The Secretary of State for Transport has appointed Richard Turfitt as Acting Traffic Commissioner for Scotland.

    This appointment is a temporary measure pending the recruitment of a full time Traffic Commissioner for Scotland. This recruitment campaign is currently underway.

    This appointment ensures that Scotland is supported by a dedicated Traffic Commissioner for devolved matters.

    Mr Turfitt has already been covering the jurisdiction in his current capacity as Deputy Traffic Commissioner for Scotland and Senior Traffic Commissioner since the resignation of the previous Traffic Commissioner for Scotland. He will continue to be supported in this role by deputy traffic commissioners.

    The role of the traffic commissioners

    Traffic commissioners are responsible for the licensing and regulation of bus, coach and goods vehicle operators, and registration of local bus services. Where appropriate, they can call operators to a public inquiry to examine concerns about vehicle and driver safety.

    They also deal with professional drivers at conduct hearings.

    Matters related to local bus services is devolved to the Scottish Government. The Traffic Commissioner for Scotland is also uniquely responsible for Taxi Farescale appeals.

    For any further details or enquiries, please Email: pressoffice@otc.gov.uk

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Australia: Cheer on our Olympians and Paralympians at the AIS

    Source: Northern Territory Police and Fire Services

    Canberrans gathered to watch the Matildas play at Canberra’s last watch party in Garema Place.

    The Australian Institute of Sport (AIS) Arena has been selected as a live site for the Paris 2024 Olympic and Paralympic Games.

    There will be two watch parties in the recently upgraded arena. Sit back on a bean bag and watch the Games on the big screens.

    You can also head along to the AIS Visitor Centre to watch the Channel 9 broadcast of the Games. It will be screening from 26 July until 11 September.

    Here’s everything you need to know:

    When is it on?

    There will be two watch parties in August:

    • Sunday 4 August for the Olympics
    • Sunday 31 August for the Paralympics

    Both events will run from 10am to 2pm.

    How much are tickets?

    The events are free, but bookings are required.

    Book your ticket for the Olympics LIVE Watch Party.

    Book your ticket for the Paralympics LIVE Watch Party.

    What are the food options?

    There will be local food trucks at the arena selling food and drink.

    Is it family-friendly?

    Absolutely. Children are welcome to attend and there will be kids’ entertainment options at both parties.

    Are there other entertainment options?

    Entertainment options include:

    • children’s face painting
    • colouring in
    • sport demonstrations and challenges
    • free AIS tours every 30 minutes
    • free entry to Sportex, the interacting sporting exhibit
    • meet and greet past Olympians and Paralympians to see their medals
    • an Olympic podium and photo wall.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI Banking: Top 25 global insurers market value up 17% YoY in Q1 2025, reveals GlobalData

    Source: GlobalData

    Top 25 global insurers market value up 17% YoY in Q1 2025, reveals GlobalData

    Posted in Business Fundamentals

    • PICC Property and Casualty and Assicurazioni Generali shares surge 40%
    • Elevance Health and Cigna Group lose over 15%
    • Berkshire Hathaway retains top spot

    The aggregate market capitalization (MCap) of the top 25 global insurers grew 17% to $3.5 trillion year-on-year (YoY) during the first quarter (Q1) ended on 31 March 2025. Most of the stocks recorded a sharp growth in Q1, benefiting from the higher premium pricing amid inflationary trends, improved investment income driven by elevated interest rates, and favorable underwriting performance due to fewer large-scale catastrophic events in the period, according to GlobalData, a leading data analytics and research company.

    Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “The global insurance industry showed signs of recovery in early 2024, with property and casualty insurers implementing premium increases to counter inflation and rising natural disaster claims, while life insurers continued adapting to shifting interest rate environments. The sector accelerated digital transformation efforts through AI and automation investments, expanded parametric insurance offerings for climate risks, and focused on customer experience improvements.”

    PICC Property and Casualty

    PICC P&C, the largest non-life insurance company in mainland China, shares registered a remarkable 40.5% growth in market value during the period, driven by strong FY2024 results on the back of strategic optimization of its motor vehicle insurance business structure with 38.8% market share in household motor vehicle insurance, coupled with accelerated growth in non-motor vehicle insurance segments and enhanced operational efficiency through technology-enabled expense management.

    Assicurazioni Generali

    Generali’s excellent 2024 results exceeded financial targets and completed the “Lifetime Partner 24” strategic plan through consistent organic growth and successful business integrations, positioning the company to pursue its new “Lifetime Partner 27” plan focusing on earnings growth, cash generation, and increased shareholder returns while leveraging AI capabilities to address evolving customer needs. Consequently, the company’s market valuation also rose by 39.5%, reaching $55.1 billion by the end of Q1 2025.

    Grandhi continues: “Berkshire Hathaway witnessed a 25.7% increase in market value attributed to its strong investment portfolio performance, particularly in energy and infrastructure assets, and resilient insurance underwriting results across GEICO and Berkshire Hathaway Reinsurance Group. Furthermore, strategic investment decisions by Warren Buffett, and investor confidence in the company’s substantial cash reserves perpetuated the stock’s upward trajectory, affirming Berkshire Hathaway’s status as a coveted asset.”

    Elevance Health and The Cigna Group saw sharp YoY declines of -18.6% and -17.0%, respectively. This downturn was largely influenced by declining enrolment in individual and group health plans, elevated medical loss ratios, and ongoing antitrust scrutiny affecting sentiment. Life Insurance Corporation of India (LIC) also fell 15.4% due to underwhelming policy growth, weak equity market returns in India and limited foreign institutional investment.

    Grandhi concludes: “Looking ahead to Q2 2025, the global insurance industry faces a nuanced outlook. The US Federal Reserve has signalled a potential pause in interest rate hikes, which could stabilize fixed-income yields and benefit life insurers’ investment portfolios. However, geopolitical developments—such as recent tariff escalations between the US and China—may pressure global trade insurance demand and raise claims risk, particularly in marine and credit insurance lines.

    “Moreover, inflationary pressures in Europe and selective tightening in Asian economies could compress margins, though they also prompt upward repricing, supporting premium growth. On the positive side, increased awareness of climate and cyber risks are expected to drive further growth in specialty insurance lines.”

    MIL OSI Global Banks –

  • MIL-OSI Russia: GUU-Auto opens its doors: new recruitment of future drivers starts

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    On April 15, GUU-Auto launches a new training stream under the program “Professional training of drivers of category “B” vehicles.”

    Classes will be held on Tuesdays and Thursdays starting at 19:00.

    Hurry while there are still places!

    Additional information by phone: 8 (495) 377 6446, 8 (916) 760 1014 (WhatsApp, Telegram), as well as in the educational department of the UC GUU Auto (room A-219) and on the official page of the UC GUU-Auto

    The GUU-Auto training center is a structural division of the State University of Management, providing paid educational services in professional training programs for drivers of vehicles.

    Subscribe to the tg channel “Our State University” Announcement date: 04/15/2025

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

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Online auction of vehicle registration marks to be held from April 24 to 28

    Source: Hong Kong Government special administrative region

    Online auction of vehicle registration marks to be held from April 24 to 28 (5) A VRM can only be assigned to a motor vehicle registered in the name of the purchaser. Relevant information on the Certificate of Incorporation must be provided by the successful bidder in the Purchaser Information of the Memorandum of Sale if the VRM purchased is to be registered under the name of a body corporate.

    (6) Successful bidders will receive a notification email around seven working days after payment has been confirmed and can download the Memorandum of Sale from the E-Auction. The purchaser must apply for the VRM to be assigned to a motor vehicle registered in the name of the purchaser within 12 months from the date of issue of the Memorandum of Sale. If the purchaser fails to do so within the 12-month period, in accordance with the statutory provision, the allocation of the VRM will be cancelled and a new allocation will be arranged by the TD without prior notice to the purchaser.Issued at HKT 15:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Home Building Fund — Esquire Developments Ltd

    Source: United Kingdom – Government Statements

    Case study

    Home Building Fund — Esquire Developments Ltd

    How Homes England supported an ambitious developer based in Kent.

    Home Building Fund Developer Case Study: Esquire Developments Ltd

    Esquire Developments Ltd, an award-winning SME housebuilder, was established in 2011 and currently delivers approximately 120 homes annually across Kent and the South East.

    Esquire Developments approached Homes England to support their project Millers Field, a 1.21-acre site in Maidstone, Kent and we provided a £2.68 million loan to transform the site into 9 attractive family homes.

    Esquire Developments is known for its dedication to quality and sustainability, achieving up to 50% carbon reduction in their developments compared to current building standards. They also prioritise sourcing materials and supply chains locally, and all the homes in this project were equipped with air source heat pumps and electric vehicle charging stations.

    Following the successful completion of Millers Field, Homes England has supported Esquire Developments with a second scheme, Hill Farm in Sittingbourne, which is made up of 30 homes, 3 key worker homes and an overflow carpark for Demelza Children’s Hospice situated next to the development.

    More information about the Home Building Fund can be found on our Home Building Fund — development finance page, or you can get in touch with one of our regional specialists. You can:

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Fatal crash: Newbury Line, Bunnythorpe

    Source: New Zealand Police (National News)

    Police can confirm one person has died following a crash in Bunnythorpe this morning.

    Police were called to the crash, involving a truck and a van, at the intersection of Newbury Line and Te Ngaio Road at around 10:10am.

    The driver of the van died at the scene. The passenger of that vehicle was taken to hospital with serious injuries. The truck driver was uninjured.

    The circumstances of the crash are under investigation.

    The road has since reopened.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI United Kingdom: Tackling child sexual abuse and exploitation: update

    Source: United Kingdom – Executive Government & Departments

    Speech

    Tackling child sexual abuse and exploitation: update

    Minister Phillips today delivered a speech on the government’s plan to tackle child sexual abuse and exploitation.

    With permission, Mr Speaker, I will make a statement updating the House on government action to tackle child sexual abuse and exploitation and on progress on the recommendations of the Independent Inquiry.

    Child sexual abuse and exploitation are the most horrific and disturbing crimes – an abuse of power against those who are most vulnerable, leaving lifelong trauma and scars.

    Best estimates suggest that 500,000 children are sexually abused every year. Analysis by the police found that there were 115,000 recorded cases of child sexual abuse in 2023, 4228 group-based offences identified by the CSE Taskforce, of which 1125 were family abuse, and 717 were sexual exploitation cases. In a growing number of recorded cases the perpetrators themselves are under 18.

    The House will be aware that, in its first year of operation up to March 2024, the Grooming Gangs Taskforce contributed to 550 arrests across the country. I can tell the House that – in the last nine months of 2024 – the Taskforce contributed to 597 arrests, in other words it surpassed in that nine month period what it has achieved in its first full year of its operation. Data for the first three months of this year is currently being collected from forces and will available early next month, but all round, we are making progress at every level to increase the number of investigations, increase the number of arrests, and most importantly, increase the number of victims who are seeing their attackers brought to justice.

    Yet despite the seriousness and severity of these crimes, there has been a shameful failure by institutions and those in power over many years to protect children from abuse or exploitation. So we are today setting out a progress update on action the government is taking to tackle Child Sexual Abuse and Exploitation to get support and justice for victims to ensure perpetrators are caught and put behind bars.

    CSA Measures

     Action on CSA since the election means we are introducing:

    • A new child sexual abuse police performance framework, including new standards on public protection, child abuse and exploitation;
    • Legislating targeting online offending, including abuse and grooming enabled by AI (Artificial Intelligence);
    • New powers for Border Force to detect digitally held child sex abuse at the UK border
    • New restrictions preventing registered sex offenders from changing their names to hide the threat they pose
    • Increased investment in law enforcement capability, through the Police Undercover Online Network and the Tackling Organised Exploitation Programme.

    In the Home Secretary’s statements to the House in January, she also set out what we are doing to crack down on grooming gangs. And today I can provide an update:

    • Baroness Casey’s 3-month National Audit on Group-based Child Sexual Exploitation and Abuse is ongoing. It is building a comprehensive national picture of what is known about child sexual exploitation, identifying local and national trends, assessing the quality of the data, looking at the ethnicity issues faced for example by cases involving Pakistani heritage gangs, and reviewing police and wider agency understanding.
    • We are developing a new best practice framework to support local authorities which want to undertake victim-centred local inquiries, or related work, drawing on the lessons from local independent inquiries like Telford, Rotherham and Greater Manchester. We will publish the details next month.
    • Alongside this we will set out the process through which local authorities can access the £5m national fund to support locally-led work on grooming gangs. Following feedback from local authorities, the fund will adopt a flexible approach to support both full independent local inquiries and more bespoke work, including local victims’ panels or locally led audits into the handling of historic cases.
    • The Chair of the National Police Chiefs’ Council, Gavin Stephens, has – at the Home Secretary’s request – urged the Chief Constables of all 43 police forces in England and Wales, to reexamine their investigations into group-based child sexual exploitation which resulted in No Further Action decisions.
    • And, as of 1 April, the Child Sexual Abuse Review Panel can review child sexual abuse cases which took place after 2013. Victims and survivors can now ask the Panel to independently review their case if they have not already exercised their Victims Right to Review.
    • I can also announce that we intend to expand the Independent Child Trafficking guardians’ scheme across all of England and Wales, providing direct support to many more child victims of sexual exploitation and grooming, which to date has only been available in selected areas.

    These measures will enable more victims and survivors to receive the truth, justice, improvements and accountability that they deserve – and put more vile perpetrators of this crime behind bars.

    IICSA Inquiry

    Much of this crucial activity builds on the vital work of the Independent Inquiry into Child Sexual Abuse undertaken between 2015 and 2022. Let me – on behalf of this whole House –thank again Professor Alexis Jay for chairing that seven-year National Inquiry with such expertise, diligence and compassion.

    IICSA revealed the terrible suffering caused by child sexual abuse and the shameful failure of institutions to put the protection of children before the protection of their own reputations.

    The Inquiry drew on the testimony of over 7,000 victims and survivors and considered over 2 million pages of evidence.

    Its findings, culminating in the final report published in October 2022, were designed to better protect children from sexual abuse and address the shortcomings which left them exposed to harm.

    The publication of that final report two and a half years ago should have been a landmark moment. But instead, the victims and survivors were failed again.

    None of the Inquiry’s recommendations were implemented or properly taken forward by the previous government in the twenty months they had to do so.

    Progress update

    As part of today’s Progress Update, the Government is setting out a detailed update and timetable on the work that is underway on the IICSA recommendations as part of our action on child sexual abuse. I can announce to the House that;

    • To prioritise the protection of children and improve national oversight and consistency of child protection practice, this Government will establish a new Child Protection Authority.

    • Building on the national Child Safeguarding Review Panel, the Child Protection Authority will address one of IICSA’s central recommendations by providing national leadership and learning on child protection and safeguarding. Work to expand the role of the Panel will begin immediately and we will consult on developing the new Authority this year

    • We have also asked Ofsted, HMICFRS and the CQC to conduct a joint thematic review of child abuse in family settings starting this Autumn.

    Mr Speaker, the IICSA report recommended the introduction of a new mandatory duty to report – something the Prime Minister, Home Secretary and I have all supported for more than a decade

    • In the Crime and Policing Bill we will now be taking forward the new mandatory duty to report child sexual abuse for individuals in England undertaking activity with children – and crucially, a new criminal offence of obstructing an individual from making a report under that duty.

    • Mandatory reporting – will create a culture of openness and honesty rather than cover-ups and secrecy. It will empower professionals and volunteers to take prompt, decisive action to report sexual abuse. It will demonstrate to children and young people that if they come forward, they will be heard. And anyone who seeks deliberately to prevent someone fulfilling their mandatory duty to report child sexual abuse will face the full force of the law.

    Today’s update also sets out how the government is supporting victims and survivors in accessing support and seeking justice:

    • We are tasking the Criminal Justice Joint Inspectorates to carry out a targeted inspection on the experiences of victims of child sexual abuse in the criminal justice system
    • We are instructing the Information Commissioner’s Office to produce a code of practice on the retention of personal data relating to child sexual abuse.

    In some cases where there have been serious institutional failings which contributed to the abuse, those institutions have provided financial redress schemes or compensation to victims and survivors who are affected. We continue to support those schemes as recognition by those institutions that they badly failed children in their care.

    On the IICSA proposal for a wider national redress scheme for all victims and survivors of child sexual abuse in institutional settings, the scale of that proposal demands that it is considered in the context of the Spending Review later this year, and we will make further updates at that stage.

    But one crucial area where we want to make immediate progress is on the provision of therapeutic services for victims and survivors of child sexual abuse. We will therefore bring forward proposals in the coming weeks to improve access to those services, with further details to be set out following the upcoming the Spending Review.

    Also ahead of the Spending Review, I can announce that – in this financial year – the Home Office will double the funding it provides for national services supporting adult survivors of child sexual abuse, providing more help to those adults who are living with the trauma of the horrific abuse they suffered as children.

    Finally, we want to speed up progress to make it easier for victims and survivors to get recompense directly from institutions that failed them. We are therefore removing the three-year limitation period on victims and survivors bringing personal injury claims in the civil courts and shifting the burden of proof from survivors to defendants, thereby protecting victims from having to relive their trauma to get compensation they are owed.

    Next steps/conclusion

    Mr Speaker, today’s update   – building on the measures the Home Secretary announced in January – demonstrates this Government’s steadfast commitment to tackling child sex abuse.

    The measures we are implementing will protect more children, find more criminals, and deliver support and justice to more victims and survivors.

    But this is not the end point; it is just the beginning. We will continue to drive forward reforms to protect more children from abhorrent abuse and support more adult survivors of these traumatic crimes.

    And as we pursue our Safer Streets Mission, we will use every available lever to drive progress on these issues across government and beyond.

    I want to finish with a word for the victims and survivors.

    No one should go through what you did.

    And while the failings of the past cannot be undone, we can, we must and we will strain every sinew to prevent them being repeated.

    I commend this statement to the House.

    ENDS

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: City services continue to eliminate the consequences of the snowfall

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Bad weather does not leave the Moscow region. According to weather forecasters, today, April 9, the capital is expected to see air temperature fluctuations between positive and negative values, wind gusts can reach 14 meters per second, and ice may form.

    City services continuously monitor the condition of the street and road network and carry out the necessary work. Thus, early in the morning, continuous mechanized sweeping and anti-icing treatment of the roadway and pedestrian areas was carried out.

    Snow removal work is underway everywhere on the street and road network, pedestrian areas, approaches to public transport stops and metro stations, as well as courtyard areas.

    Citizens are asked to be careful on the street: do not take shelter under trees and do not park cars near them. Motorists should strictly observe the speed limit and keep a safe distance.

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

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

    https: //vv.mos.ru/nevs/ite/152374073/

    MIL OSI Russia News –

  • MIL-OSI: Valeura Energy Inc.: Q1 2025 Operations and Financial Update

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q1 2025 operations.

    Highlights

    • Operations continuing smoothly, with oil production averaging 23.9 mbbls/d(1);
      • Continual programme of development and appraisal drilling throughout the quarter;
      • Strong ongoing safety performance, with no lost time injuries;
    • Strong cash position at March 31, 2025 of US$238.3 million, and no debt;
      • Taxes paid of US$39.2 million in Q1;
      • Repurchased 963,401 shares in Q1;
    • Resilient ongoing business based on strong balance sheet and cash flow, creating growth optionality in the current volatile climate.

    (1) Working interest share oil production, before royalties.

    Dr. Sean Guest, President and CEO commented:

    “Our strong operational and financial performance continued throughout Q1 2025, and our business is more resilient than ever. With our corporate restructuring completed in November 2024, and the final tax payment under the previous structure now behind us, we see an energised ability to generate cash flow as we look at the remainder of 2025. 

    We are carefully monitoring the current volatile market conditions while simultaneously reviewing and optimising our expenditures. However, our strong financial position with cash of US$238 million and no debt makes Valeura not only resilient, but also well positioned for attractive inorganic opportunities that may emerge during such a turbulent market environment.

    Notwithstanding the recent market volatility, we are maintaining all of our previously disclosed guidance assumptions for the year.” 

    Q1 2025 Update

    Valeura’s working interest share production before royalties averaged 23.9 mbbls/d during Q1 2025, a decrease of 8.4% from Q4 2024. Rates were affected by a planned seven-day annual maintenance shutdown of the Nong Yao field near the end of the quarter. All planned work on the Nong Yao facilities was conducted safely and under time and budget with production resuming on April 1, 2025. Valeura re-iterates its full year 2025 production guidance outlook of 23.0 – 25.5 mbbls/d.

    Oil sales totalled 1.88 million bbls during Q1 2025, less than the 2.15 million bbls produced. Sales were lower than in Q4 2024 and reflect the fact that at the beginning of the quarter, the Company had record low crude oil in inventory. At the end of the quarter Valeura had 0.89 million bbls in inventory, which is expected to be sold in Q2 2025 (including a lifting of approximately 0.25 million bbls which was sold on April 1, 2025).

    Price realisations averaged US$78.7/bbl during Q1 2025, reflecting a US$2.9/bbl premium over the Brent crude oil benchmark. Oil revenue during Q1 2025 was US$148.1 million, 35% lower than Q4 2024. The quarter-on-quarter difference is due to less oil volumes sold, and also one sale occurring very late in the quarter, for which revenue is expected to be received in April 2025. Accordingly, the Company recorded a receivable associated with that lifting of approximately US$30 million as at March 31, 2025.

    In addition to routine operating costs and planned capital spending, the Company has made a final tax payment of US$39.2 million in connection with its corporate restructuring that was completed in November 2024. This payment effectively completes the tax obligations for its Thai III licences under their previous organisation structure, and became due in Q1 2025, earlier than usual tax payments for Thai III licences which are payable in May and August of each year. Following the restructuring, petroleum income tax loss carry-forwards that were previously associated with only the Wassana asset are now being applied to all of the Company’s Thai III petroleum concessions, being Wassana, Nong Yao, and Manora, thereby resulting in a more efficient tax structure for the business.

    While the Company acknowledges the global market and oil price volatility experienced in early April 2025, at this time, Valeura re-affirms all of its guidance outlook expectations for 2025. The Company maintains a scenario-based approach to planning its investments, driven largely by forecast oil prices. Recent market conditions underscore the importance of such an approach, but more importantly highlight the value of maintaining a strong balance sheet so as to capitalise on emerging inorganic growth opportunities. As of March 31, 2025, Valeura had US$238.3 million in cash, with no debt.

    During the quarter, the Company acquired 963,401 shares as part of its NCIB programme.

    Operations Update

    Valeura provided an operations update on March 25, 2025, along with its announcement of results for Q4 and the full year 2024. Since that time, the Company has been conducting a drilling campaign on the Jasmine / Ban Yen field, and will provide an update in due course. 

    On March 28, 2025, an earthquake struck central Myanmar, which borders Thailand to the north-west. All Valeura’s personnel were confirmed safe, and all facilities continue to operate safely.

    Results Timing and AGM

    Valeura intends to release its full unaudited financial and operating results for Q1 2025 on May 14, 2025, and will discuss the results in more detail through a management webcast hosted in conjunction with its Annual General Meeting of Shareholders (the “meeting”) later that day. The notice of meeting and related Management’s Information Circular have been mailed to shareholders and are available on the Company’s website at www.valeuraenergy.com/governance and on SEDAR+ at www.sedarplus.ca.

    For further information, please contact:

    Valeura Energy Inc. (General Corporate Enquiries)
    +65 6373 6940
    Sean Guest, President and CEO
    Yacine Ben-Meriem, CFO
    Contact@valeuraenergy.com

    Valeura Energy Inc. (Investor and Media Enquiries)
    +1 403 975 6752 / +44 7392 940495
    Robin James Martin, Vice President, Communications and Investor Relations
    IR@valeuraenergy.com

    About the Company

    Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

    Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

    Advisory and Caution Regarding Forward-Looking Information

    Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “target” or similar words suggesting future outcomes or statements regarding an outlook.

    Forward-looking information in this news release includes, but is not limited to, the Company’s anticipated full year 2025 guidance assumptions, being full year working interest share oil production before royalties of 23.0 – 25.5 mbbls/d, capex of US$125 – 150 million, exploration expense of approximately US$11 million, and adjusted opex of US$125 – 245 million, all as more fully described in the January 9, 2025 press release; the anticipated receivable of approximately US$30 million as at March 31, 2025; and Valeura’s expectation that it will benefit from a more efficient tax structure as a result of the corporate restructuring. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; ability to achieve extensions to licences in Thailand and Türkiye to support attractive development and resource recovery; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; the impact of conflicts in the Middle East; royalty rates and taxes; management’s estimate of cumulative tax losses being correct; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the availability and identification of mergers and acquisition opportunities; the ability to successfully negotiate and complete any mergers and acquisition opportunities; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; international trade policies; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; the risk that the Company’s tax advisors’ and/or auditors’ assessment of the Company’s cumulative tax losses varies significantly from management’s expectations of the same; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, including international treaties and trade policies; the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

    Certain forward-looking information in this news release may also constitute “financial outlook” within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura’s prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura’s current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

    The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful. 

    Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network –

  • MIL-OSI China: TIR transport service launched between China, Uzbekistan

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

    SHENYANG, April 8 — Loaded with 20 tonnes of locally-produced ice cream, two refrigerated trucks bearing TIR signs on Monday departed from an international road transport assembly center in Shenyang, the capital of northeast China’s Liaoning Province.

    The shipment will exit China via the Bakti port in Xinjiang, traverse Kazakhstan and arrive in Tashkent, the capital of Uzbekistan, in around 8 to 10 days.

    This marks the official launch of Shenyang’s first TIR cross-border road transport route connecting China, Kazakhstan and Uzbekistan, a new route that expands the assembly center’s existing China-Russia transport network.

    TIR, an abbreviation for Transports Internationaux Routiers, or International Road Transport, is an international customs transit system that saves time and cuts costs for transport operators and customs authorities moving goods across borders. Notably, China became a member of the TIR system in 2016.

    “This direct route from Shenyang to Tashkent ensures seamless delivery without transshipment,” said Han Qingfeng, general manager of the shipping company, adding that monthly operations are planned.

    Since its certification by the International Road Transport Union in late 2024, the Shenyang assembly center has handled 50 TIR shipments valued at over 30 million yuan (about 4.16 million U.S. dollars), exporting machinery, auto parts, office supplies and food.

    MIL OSI China News –

  • MIL-OSI Russia: A new quarter with sports and business infrastructure will appear in Kommunarka under the integrated territorial development program

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    A residential area will be built in the Kommunarka district of the Novomoskovsky administrative district of the capital. Inefficiently used plots with a total area of 13.74 hectares will be reorganized under the program of integrated development of territories (IDT). The corresponding draft decision has been published on the website Moscow Government. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “As part of the redevelopment of two sites near Alexandra Monakhovaya Street in a rapidly developing district of Moscow, another modern residential quarter with the infrastructure necessary for city residents will appear. Thanks to the construction of various facilities, it is planned to create over 2.5 thousand jobs here. Investments in the implementation of the project will amount to 60.64 billion rubles, and the annual budget effect is estimated at more than one billion rubles,” said Vladimir Efimov.

    The plots are conveniently located – the Kommunarka station of the Troitskaya metro line is nearby.

    “In accordance with the draft decision, the territory will be used for the construction of multi-apartment residential complexes. More than four thousand people will be able to live in the new buildings. In addition, an administrative and business complex with a parking lot for 740 cars, with an area of 62.64 thousand square meters, will be built nearby. A sports and recreation complex with public spaces with a total area of 5.4 thousand square meters and a parking lot for 300 cars will also appear here. The plots themselves will be landscaped and greened,” said the Minister of the Moscow Government, head of the capital’s Department of City Property.

    Maxim Gaman.

    According to the KRT program, multifunctional city blocks are being created, where roads, comfortable housing and all the necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 302 projects for the integrated development of territories with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is being carried out on behalf of Sergei Sobyanin.

    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.

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  • MIL-OSI Russia: Another 10 ultra-fast charging stations for electric buses installed in the capital

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Another 10 ultra-fast charging stations for environmentally friendly ground transport have been installed in the Novokosino district in the east of the capital. This will allow more electric bus routes to be opened and the operation of existing ones to be improved, said the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “We continue to expand the charging infrastructure at terminal stations. This allows us to replace buses with innovative Russian-made electric buses faster. In total, there are already more than 370 charging stations operating in the capital. We are developing environmentally friendly transport on behalf of Sergei Sobyanin,” said Maxim Liksutov.

    Moscow remains the leader in the number of electric buses in Europe. More than 2.3 thousand Russian-made vehicles serve 190 routes. To replace buses with electric buses, the city is developing charging infrastructure. With the creation of new charging stations in Moscow, new electric bus routes are opening.

    Charging stations for electric buses work in any weather and are suitable for all models of eco-friendly transport. The electric bus pantograph is connected to the charging dome, and the batteries are recharged.

    In total, there are about 850 ground transportation routes in Moscow, covering all districts. On a weekday, on average, more than four million trips are made on all buses and electric buses in the capital. Passengers are transported by the most modern and convenient for all categories of citizens ground city transportation.

    Moscow was the first in Russia to start building modern electric bus depots. In 2022, the first in Russia and the largest in Europe, Krasnaya Pakhra, opened in TiNAO. Eco-friendly vehicles first hit the routes in new districts. In the summer of 2023, the Mitino depot opened in the northwest of the capital. At the end of 2023, the third innovative electric bus depot, Saltykovka, opened. It serves routes in the east of the city.

    Since 2022, the capital has been supplied with improved equipment. Such vehicles have adaptive interior lighting, which changes from a cold shade to a warm one at 14:00 for the comfort of passengers. The front route indicator, increased by 18 percent, makes it even easier to see the number from afar. The interior has an electric heater, which minimizes the impact on the environment and maintains an optimal temperature. The power reserve has increased from 40-50 kilometers to 80 kilometers, while the weight of the vehicle has remained the same. Since 2024, KAMAZ and LiAZ vehicles with an updated design have been entering service.

    Electric buses are purchased under life cycle contracts. For 15 years after the vehicles are transferred to the Mosgortrans State Unitary Enterprise fleet, the manufacturers independently ensure the proper operation of the equipment on the routes.

    The new technology increases the comfort of travel and reduces the impact on the environment. The cabin has climate control, there are chargers for phones, and the nearest stops are shown on media screens. For passengers with limited mobility, there is a folding ramp and driver call buttons. If necessary, they will help enter and leave the cabin. Strollers or bicycles can be conveniently placed on the storage area.

    In 2023, Moscow signed the largest contract in Europe for the supply of 1,200 new electric buses. According to the State Budgetary Institution MosEcoMonitoring of the capital Department of Nature Management and Environmental Protection, the introduction of innovative vehicles on routes has made it possible to increase the total environmental impact of replacing buses with electric transport by almost two times.

    In 2024, electric buses began to serve another 71 capital routes. This is twice as many as in 2023. Over 800 electric buses from PJSC KAMAZ and LLC LiAZ arrived in the fleets of GUP Mosgortrans, including 600 vehicles in a new, even more modern design. It is planned that by 2035, almost the entire fleet of GUP Mosgortrans will operate on electric traction.

    Three modern electric buses have entered a new route in the South-West Administrative DistrictSobyanin: Switching to electric buses has reduced pollutant emissions

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  • MIL-OSI China: Canada’s countermeasures against US takes effect on Wednesday

    Source: China State Council Information Office 3

    Canadian Finance Minister François-Philippe Champagne on Tuesday confirmed that Canada’s new countermeasures announced last week in response to the U.S. tariffs on the Canadian auto industry will come into force at 12:01 a.m. EDT on Wednesday, April 9.

    Champagne said Canada would continue to “respond forcefully” to all unwarranted and unreasonable tariffs imposed by the United States on Canadian products.

    “The government is firmly committed to getting these U.S. tariffs removed as soon as possible, and will protect Canada’s workers, businesses, economy and industry,” Champagne said in a release issued by the Finance Ministry.

    The countermeasures, announced by Prime Minister Mark Carney Prime Minister last week, include 25-percent tariffs on non-Canada-U.S.-Mexico Agreement (CUSMA) compliant fully-assembled vehicles imported into Canada from the United States, and 25-percent tariffs on non-Canadian and non-Mexican content of CUSMA compliant fully-assembled vehicles imported into Canada from the United States.

    A remission framework for auto producers that incentivizes production and investment in Canada, and helps maintain Canadian jobs, will also be implemented, said the release.

    On April 3, U.S. tariffs of 25 percent on Canadian automobiles came into effect, targeting the auto industry and the more than 500,000 Canadians this industry supports across the country, said the release, adding that the United States also intends to apply 25-percent tariffs on certain automobile parts on May 3.

    Vehicle imports from the United States totaled 35.6 billion Canadian dollars (25 billion U.S. dollars) in 2024, said the release. 

    MIL OSI China News –

  • MIL-OSI New Zealand: Rise in dangerous dirt bike rider behaviour in Hamilton

    Source: New Zealand Police (National News)

    Attribute to Senior Sergeant Scott McKenzie, Hamilton Area Manager; Youth and Community

    Police are noticing a rise in incidents involving people riding dirt bikes in an unsafe and dangerous manner around Hamilton City.

    Riding motorcycles or dirt bikes in dangerous and anti-social ways is unacceptable. It puts not only the rider but other members of our community at risk.

    Yesterday, Police were called to a single vehicle crash on Hukanui Road, Hamilton, where a dirt bike rider was seriously injured after coming off his bike around 2:15pm.

    Police will be making further enquires into these types of behaviours and will take enforcement action where necessary.

    We are asking the public to help us, by reporting any unsafe or dangerous behaviour.

    If you witness any riding behaviour that could put anybody at risk, please call 111 if it is happening now, or 105 if it is after the fact.

    Gain as much information as you are safely able to, including the type of activity, any descriptions of the bikes and riders, and any photos or video footage.

    If Police are not able to attend these incidents immediately, follow-up action will be taken.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI USA: Tuberville Promotes Submarine Manufacturing in SASC Subcommittee Hearing

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) spoke with several top officers on the state of nuclear shipbuilding at a Senate Armed Services Subcommittee on Seapower hearing. They spoke about strategies to better enable submarine and shipbuilding companies, like Mobile’s Austal, to give the Navy the best possible product.
    Read Sen. Tuberville’s remarks below or watch on YouTube or Rumble.

    TUBERVILLE: “Thank you, Chairman Scott, for this hearing. I haven’t been in this business long, but I’ve noticed shortcomings of shipbuilding since I’ve been on this [Sub]committee and [the Senate] Armed Services Committee. We build components for submarines—the Columbia class and the Virginia class—at Austal in Mobile. Probably most of you know that. It’s pretty new to us, but I’ve noticed recruiting—as the Senator was alluding to—workforce, I know Austal has gone out and gone through fast food joints and everything else trying to find welders and people that can actually work and understand it. So, it’s an ongoing process. 
    Admiral Weeks, how does this module production support your goal of increasing submarine construction rates?”
    WEEKS: “Sir, thank you for that question. So, as we look at the constrained capacity in our primary build yards, it’s really important that we recognize that broadening that shipbuilding industrial base—the shipbuilding base beyond those two yards—is really the opportunity we need to be able to get and bring more folks to bear, bring different geographical regions to bear, and alleviate the strain on our primary yards. And that will then allow them to do most efficiently what only they can do, which is things like outfitting, final assembly, and testing.”
    TUBERVILLE: “So, we’ve seen an increase in production by doing this?”
    WEEKS: “Yes, Sir. So, […] anytime you put something new in a new facility that has not done that kind of work before, you expect that it’s going to take a little bit of time to come up to speed, and that’s exactly what’s happening. But we are now, especially with Austal, so we’ve been on the path long enough now that we’re starting to see the improvement that we expected. And both Admiral Rucker and I have been down to Austal multiple times partnering with both electric boat and the company there to make sure that they’re on track to get where they need to be and, you know, they’re doing well. Yes, Sir.”
    TUBERVILLE: “Yeah. You think it’ll help us catch up with the Chinese and their expansion of their submarines? They’re really flying past us. You think it’s gonna be possible for this type of procedure to really help catch the Chinese?”
    WEEKS: “Yes, Sir. I think it’s absolutely critical that we expand our industrial base. That is the only way we’re gonna be able to compete. Yes, Sir.”
    TUBERVILLE: “Thank you.
    Admiral Rucker, what can the Navy and Congress do to accelerate outsourcing of module production?”
    RUCKER: “Thank you for the question, Sir. I agree with everything Admiral Weeks said and the importance of outsourcing. Where we stand today, we have a goal by 2026 to get up to about 7,000,000 man-hours annually. That’s equivalent of a Surface Ship Destroyer from our submarine yards out to the industrial base. As of end of 2024, we were about 3,000,000 [man-]hours. So, we’re about halfway there.
    As Admiral Weeks said, we’ve been down to Austal. They’ve already delivered the first two large sub modules for Virginia class. They’ve got three more they’re working [on] right now. The next one is going to be delivered this summer and then they keep on going. We need that strategic outsourcing to increase the overall capability and capacity for large structural fabrication, machining, [and] electrical.
    So, we’re going to continue to work with the shipbuilders to ensure that we can execute that efficiently and effectively.”
    TUBERVILLE: “Admiral Moton, any thoughts on strategic outsourcing as a method to increase our shipyard output?”
    MOTON: “Yes, Senator, I completely agree with my colleagues on the importance. I think it’s a critical part of our strategy to, as you say, to improve our pace of shipbuilding. I would note in the example of Austal, the aircraft elevators for CVN-80 and [CVN-]81 are both being built there as well. So, we’ve done that closer to Hampton Roads. Outsourcing has been an important part of Newport’s new shipbuilding strategy to improve on aircraft carrier production.
    They’ve gone to several suppliers to help with construction of modules, including a site just across the river in the Hampton Roads area that’s focused on adding real estate and the ability to do panels more quickly to support our carrier ship building. So, I agree it’s critical.”
    TUBERVILLE: “Now, visiting Austal, I noticed that, especially in submarines, nickel is a huge part, a very important part of submarines. And our supply chain there—any of the three of you, can you give an update on—do we have a better supply of nickel now? Is it getting worse? Because don’t have a lot of nickel in our country. Anybody want to answer it.
    Mr. Sermon?”
    SERMON: “Yes, Sir. Thank you for the question. Nickel, as you as you pointed out, Sir, is among the fundamental metals and alloys that we’re continuing to work with OSD—Office of the Secretary of Defense to take a very careful look at and address. As you pointed out, we do continue to have both price fluctuations, which are of course related to supply, but committed to addressing those, Sir.”
    TUBERVILLE: “Thank you. Just one other question. If I could, Mr. Serman, the Navy cand CapZone’s investments put $150 million each to buy land from Alabama’s shipyard just recently, which is just next to Austal. Can you describe how this partnership came about and what [are] your plans for growing the industrial base using this land? Do you know anything about this?”
    SERMON: “Yes, Sir. I’m familiar and thank you for the question. So, we talked about outsourcing. And we understand, as Admiral Rucker and Admiral Weeks pointed out, we’re about 3,000,000 [man-]hours into that outsourcing that we have to do annually. We have to get to 7,000,000. […] As an enterprise, we need additional space. We need additional workforce. We need additional production. We’ve got a very promising work started at Austal. We’ve got work started at BAE in Jacksonville. We’ve got work started at Rhoads [Industries] in Philadelphia, as well, that are really going to bring us into battery. But more land is needed, more […] waterfront land, that facility that is Alabama Shipyard, actually 60 acres of that 355 acres there will remain as in battery maintaining our Military Sealift Command.
    Much of the rest of that, our intention in an opportunity zone, public-private partnership is to work to bring that land into battery. Much like it was, that exact same land was in battery building liberty ships and tankers during World War II, is to bring that in battery for supply chain activities, for submarine modules, and most importantly—from my perspective—advanced manufacturing. That will fundamentally teach us across the entire industrial base, the entire nation, how to build ships, unmanned vehicles and other kinds of naval activities better and more efficiently.”
    TUBERVILLE: “Yeah. I [would have] loved to get into the Saildrone discussion, but thank you, Mr. Chairman.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI Russia: Services and services for large families: how the mos.ru portal helps Moscow families

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Large families in Moscow have access to various benefits, payments and city support measures that help take care of children. Many of them can be quickly and conveniently applied for on the mos.ru portal, without wasting time on personal trips to departments and collecting paper documents. All the necessary electronic services and services are collected in the subsection “Assistance for families with children, including large families” of the section “Family, children” catalog of services for residents.

    “On the mos.ru portal, you can register as a large family and get a corresponding digital ID, apply for a parking permit or a Muscovite card for yourself and your children, apply for cash compensation, and much more. And some services, such as extending a parking permit for large families, are provided proactively: at the right time, the city sends a notification through the portal, and the person only has to agree to receive the service or refuse it,” said the Deputy Head of the Moscow City Department of Information Technology

    Dmitry Ivanov.

    Authorized mos.ru users with a standard and full account can use electronic services and services. You can find out how to register on the portal and upgrade your account status fromthis instruction.

    Obtain the status of a large family and a digital ID

    On the mos.ru portal, submit an electronic application for receiving orextending the status of a large family is convenient and simple. Any parent living with their children may apply for the government service, provided that the family is registered at their place of residence in the city of Moscow.

    Everyone who has received the status of a large family will automatically have access to a digital certificate confirming it in their personal account on the portal. This is an electronic document that contains a unique QR code with information about all members of such a family and the validity period of benefits. It can be downloaded to your smartphone as a pdf file or used using the QR code in the city mobile application “My id”A digital ID is equivalent to a paper ID.

    Apply for a Muscovite card for each family member

    Children from large families, regardless of their place of study, as well as both of their parents, can apply Muscovite card. It will allow you to use free travel on public transport, receive discounts on goods and services of loyalty program partners and much more. Submitting an electronic application for a Muscovite card is available on the mos.ru portal.

    Children over 14 years old can apply for this service independently. And for a child who has not yet reached this age, the card is issued by parents or legal representatives.

    Apply for a parking permit for families with many children

    For families who have a car, it will be useful to apply for a special parking permit. It gives the right to 24-hour free parking in all paid city parking zones in Moscow, except for spaces for buses, trucks and cars of people with disabilities. Large families can also apply for a permit online nand on the mos.ru portal.

    Only one such permit can be obtained per family. In this case, the vehicle whose owner issues the document must not have any fines.

    The extension of parking permits for families with many children is carried out in a proactive (anticipatory) format – without the need to apply. If the information about the large family has not changed, then two months before the expiration of the permit, a notification with a reminder about the extension is sent to the user’s personal account on mos.ru and to his e-mail. The person only needs to agree to the provision of this state service or refuse to receive it.

    Apply for social benefits and payments

    Information about what other city support measures, payments and subsidies are available to large families in Moscow has been collected in this instruction. In it you can find information on the procedure for registering all benefits and a list of the documents required for this.

    In addition, parents with many children can ask questions of interest during an online consultation. You can also sign up for it is conducted on the portal. After registering, a link to a video call and instructions on how to connect will be sent to the user’s personal account on the portal and to their email. The parent will only need to go online at the right time. The consultation lasts up to 20 minutes.

    Today, the mos.ru portal allows you to solve almost any everyday task. To use all its capabilities, you will need full account. And you can learn about how the mos.ru portal turned from a news feed with a book of reviews into a resource where today more than 450 electronic services are presented in the popular science film “Moscow in Digital”.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

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