Category: Vehicles

  • MIL-OSI Russia: Marat Khusnullin: An industrial park is planned to be created in Alchevsk, LPR

    Translartion. Region: Russians Fedetion –

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

    To ensure sustainable development of new regions, measures are taken to ensure long-term growth and unlock the potential of the territories. Master plans are developed and applied for their comprehensive development. Thus, according to this spatial planning document, in the city of Alchevsk in the Luhansk People’s Republic, along with the renovation of the housing stock and the modernization of the infrastructure, it is planned to create an industrial park. This was reported by Deputy Prime Minister Marat Khusnullin.

     

    “The development of regions involves making decisions that will work effectively in the long term. Ultimately, all changes should improve the quality of life of people. One of the tools that allows for a structural approach to the issue is a master plan. We apply its capabilities in new regions. For example, when developing a master plan for the city of Alchevsk in the LPR, the Unified Institute of Spatial Planning took into account, first of all, its historical industrial significance and advantageous transport location. That is why a decision was made to create an industrial park with an area of 82.5 hectares,” the Deputy Prime Minister said.

     

    Marat Khusnullin added that the master plan as a whole proposes the development of the leading sector of the Alchevsk economy – metallurgy, as well as sectors that have the potential to be integrated into existing production chains. In this regard, it is planned to accelerate the restoration of the production capacities of the city-forming enterprise – the Alchevsk Metallurgical Plant, the construction of two transport and logistics centers with a total area of 121.5 thousand square meters, as well as a section of the federal highway “Northern Bypass of Alchevsk” with a length of more than 28 km, which will eliminate the movement of transit vehicles through the city.

     

    “In Alchevsk, major repairs of existing and construction of new apartment buildings are planned. Each district will have its own public and business center with service, cultural and sports facilities. This will relieve the core of the city center, while preserving its historical scale, the structure of streets and blocks,” added Dina Sattarova, director of the Federal Autonomous Institution “Unified Institute of Spatial Planning of the Russian Federation.”

    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: City of Columbus Selects Voltus as its Exclusive Demand Response Provider

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO and COLUMBUS, Ohio, Feb. 20, 2025 (GLOBE NEWSWIRE) — Voltus, Inc. (Voltus), the leading virtual power plant (VPP) operator and distributed energy resource (DER) platform, today announced its selection as the exclusive Curtailment Service Provider for loads operated by the City of Columbus and retail customers of the City of Columbus Division of Power. This partnership unlocks new revenue streams for the City’s municipal facilities and retail electric customers, while supporting the reliability of the local electric grid for residents.

    The selection comes after a rigorous evaluation process that highlighted Voltus’s key differentiators, including:

    • Industry-leading technology platform providing customers with real-time energy consumption, performance, and earnings data;
    • Strong local presence and experienced project team with extensive knowledge of the PJM market;
    • Program structure without out-of-pocket penalties for underperformance; and
    • Ability to stack multiple revenue streams

    “Since the record-breaking PJM capacity prices were released earlier this year, the Voltus team has been engaging customers across the mid-Atlantic and Ohio Valley area to equip them with the guidance and resources they need to reduce the potential impact to their businesses,” said Voltus’s Vice President of Sales, Sam Scuilli. “With unique services like AI Adjuster, we’re empowering PJM customers to participate in multiple demand response programs in a manner that optimizes their revenue potential and minimizes the risk of underperformance.”

    For more information about participating in the City of Columbus demand response program, please reach out to info@voltus.co.

    About Voltus
    Voltus is a leading DER technology platform and virtual power plant operator connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.

    Media Contact
    Mona Khaldi
    press@voltus.co

    The MIL Network

  • MIL-OSI: Growth in Originations Expected Across Multiple Credit Products in 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) — Despite recent data calling into question the possibility of interest rate cuts over this year, new account originations across several credit products are still expected to grow in 2025. These findings were released today in conjunction with TransUnion’s (NYSE: TRU) newly issued Q4 2024 Quarterly Credit Industry Insights Report (CIIR).

    Following multiple years of depressed origination growth, largely driven by stubbornly high inflation, rising interest rates and elevated home and vehicle prices, new auto, mortgage, and unsecured personal loans are expected to see gains in 2025. A myriad of factors, not the least of which is lenders’ continued caution in their underwriting strategies, will likely temper the overall rate of growth across these products.

    “The Federal Reserve has signaled that it will not rush into interest rate cuts, potentially keeping rates at a level that could give consumers pause,” said Jason Laky, executive vice president and head of financial services at TransUnion. “However, we still believe that many consumer credit products will have higher originations in 2025. This will range from modest growth in auto and unsecured personal loans to more significant increases in mortgage.”

    Originations are Expected to Grow YoY Across Many Credit Products in 2025

    Loan Product Percent Change in Origination Growth
    Auto +2.7%
    Mortgage (Purchase) +13.3%
    Unsecured Personal Loans +5.7%

    Changes in originations are also impacted by trends within these lending products. A deeper dive into the origination picture for each loan product can be found below:

    • One key driver of the forecasted growth in auto originations is new light vehicle sales, which have been forecasted to grow 2.8% in 2025. However, forecasted growth may be tempered as industry and consumers navigate potential policy shifts introduced by the new administration. In addition, relatively high interest rates, inflation remaining above 2%, and a still recovering used vehicle supply may also mitigate auto originations growth.
    • Mortgage originations are forecast to increase from approximately 4.6 million in 2024 to approximately 5.7 million in 2025, with most of those being purchase originations (~3.8 million).
    • Unsecured personal loan lenders are expected to continue expanding lending to riskier tiers in 2025 as the macro economy continues to moderate. Originations are expected to increase to approximately 20.8 million over the year.

    TransUnion’s Q4 2024 Credit Industry Insights Report sees continued signs of stabilization across consumer credit products

    A number of the signs of a more stable consumer credit environment that emerged in Q3 2024 have continued over the past quarter across the credit spectrum. Originations saw some measure of YoY growth in the most recent quarter for which data are available for auto, mortgage, and unsecured personal loans. In credit cards, originations saw a smaller YoY decline than in recent quarters. Delinquencies ticked down across some credit products, although others saw increases. Balances saw increases that were more in line with rates seen prior to 2020 than in the years since.

    “In Q4 2024, we saw several signals inching towards a return to more typical patterns within the consumer credit market,” said Michele Raneri, vice president and head of research at TransUnion. “Originations ticked up across mortgage and auto and saw more significant growth in unsecured personal loans. In contrast, delinquencies presented more of a mixed bag, seeing increases in auto and mortgage, while at the same time decreasing for unsecured personal loans and credit cards. We will be looking for additional signs of improved performance in these markets moving forward.”

    To learn more about the latest consumer credit trends, register for the Q4 2024 Quarterly Credit Industry Insights Report webinar. Read on for more specific insights about credit cards, personal loans, auto loans and mortgages.

    Serious consumer-level delinquencies decline year-over-year for first time since 2020 in card

    Q4 2024 CIIR Credit Card Summary

    More signs of a return to equilibrium were present in the credit card market in Q4 2024. Consumer-level 90+ days past due delinquencies ticked down by 3 basis points YoY to 2.56%, which marked the first annual decrease since 2020. Similarly, account-level delinquencies fell by 4 basis points YoY to 1.46%. This is likely in part due to the continuation of a more conservative origination strategy among lenders. Originations saw a 4.8% YoY decline in Q3 2024. This marks the sixth consecutive quarter of declining new account volumes on an annual basis. Despite that, the slowdown in originations is decelerating, with the latest quarter seeing the smallest YoY decline since Q2 2023. Super prime was the only risk tier to see originations growth in Q3 2024, at 1.2% YoY. While originations have slowed, balances continued to grow to record highs, increasing 5.7% to $1.1 trillion. This growth was seen across risk tiers, though the pace of balance growth has returned closer to pre-2020 levels.

    Instant Analysis

    “Prior predictions had anticipated a moderation in delinquency rates in Q1 2025. The peak was pulled forward by the effect of recalibrated risk strategies and disproportionate originations in prime and above segments. At the same time, there are signs that consumer demand for credit cards may be increasing, as year-over-year originations declines are getting smaller, and some risk tiers, such as super prime, are increasing for the first time in several quarters.”

    – Paul Siegfried, senior vice president and credit card business leader at TransUnion

    Q4 2024 Credit Card Trends

    Credit Card Lending Metric (Bankcard) Q4 2024 Q4 2023 Q4 2022 Q4 2021
    Number of Credit Cards (Bankcards) 561.5 million 542.6 million 518.4 million 483.7 million
    Borrower-Level Delinquency Rate (90+ DPD) 2.56% 2.59% 2.26% 1.48%
    Total Credit Card Balances $1.11 Trillion $1.05 Trillion $931 billion $785 billion
    Average Debt Per Borrower $6,580
    $6,360 $5,805 $5,139
    Number of Consumers Carrying a Balance 173.1 million 169.9 million 166.0 million 159.0 million
    Prior Quarter Originations* 19.1 million 20.1 million 21.6 million 19.8 million
    Average New Account Credit Lines* $5,702
    $5,673 $5,226 $4,468


    *Note: Originations are viewed one quarter in arrears to account for reporting lag.

    For more credit card industry information, click here for episodes of Extra Credit: A Card and Banking Podcast by TransUnion.

    Growth in unsecured personal loan originations leads to record volumes, total balances

    Q4 2024 CIIR Unsecured Personal Loan Summary

    The positive trend in unsecured personal loans continued for another quarter. Originations for Q3 2024, the most recent quarter of data available, stood at 5.8 million – an increase of 15% year-over-year. This marked the third consecutive quarter of YoY growth and the first quarter of double-digit growth in two years (since Q2 2022). All risk tiers contributed to this expansion, especially the super prime and the below prime tiers, which grew around 17% compared to the prior year. This growth drove records, per Q4 2024 data, in the volume of outstanding loans, in total balances, and in the number of consumers with a balance. Concurrently, average debt per borrower was lower year-over-year in Q4 2024, driven by the prime and below risk tiers. Finally, 60+ DPD borrower-level delinquencies fell year-over-year for Q4 2024 to 3.57% — 33 basis points below the same quarter last year. The decline was due to risk mix shift as lower risk super prime borrowers continued to grow as a share of total loans, as well as from delinquencies among subprime borrowers which fell 136 basis points year-over-year.

    Instant Analysis

    “The unsecured personal loan market continued its rebound with originations growing year-over-year across risk tiers, and with strong double-digit growth for most of them. Additionally, borrower-level delinquencies still saw declines year-over-year. This was due to loans being issued across the credit spectrum – especially super prime – and from the subprime delinquency rate continuing to fall even as lending has opened back up to this segment. With the growth to date and optimism from lenders, we expect to see this as the beginning of a period of expansion.”

    – Liz Pagel, senior vice president of consumer lending at TransUnion

    Q4 2024 Unsecured Personal Loan Trends

    Personal Loan Metric Q4 2024 Q4 2023 Q4 2022 Q4 2021
    Total Balances $251 billion $245 billion $222 billion $167 billion
    Number of Unsecured Personal Loans 29.6 million 28.1 million 27.0 million 22.8 million
    Number of Consumers with Unsecured Personal Loans 24.5 million 23.5 million 22.5 million 19.9 million
    Borrower-Level Delinquency Rate (60+ DPD) 3.57% 3.90% 4.14% 3.00%
    Average Debt Per Borrower $11,607 $11,773 $11,116 $9,622
    Average Account Balance $8,496 $8,704 $8,195 $7,328
    Prior Quarter Originations* 5.8 million 5.0 million 5.6 million 5.1 million


    *Note: Originations are viewed one quarter in arrears to account for reporting lag.
    Click here for additional unsecured personal loan industry metrics.

    Mortgage delinquencies up year-over-year, yet remain low by historical standards

    Q4 2024 CIIR Mortgage Loan Summary

    Originations grew 7% YoY in Q3 2024, the most recent quarter for which data are available. This represented the third consecutive quarter in which mortgage originations were either flat or showed growth. Purchase originations continued to drive this growth, accounting for 82% of all originations for the quarter. This compares to a 68% average Q3 purchase share in the five years pre-pandemic. Rate and term refinance originations also played a role in this growth, seeing significant YoY growth of 174% in Q3 2024. This doubled the counts from the prior quarter as homeowners who recently opened a mortgage took advantage of the lowest rates in two years. Account-level delinquencies of 60+ days past due stood at 1.38% for Q4 2024. This remains a trend worth monitoring in coming quarters, particularly as the non-mortgage debt of homeowners continues to grow, up 7% YoY in Q3 2024.

    Instant Analysis

    “Despite recent quarters of growth, origination volumes continue to be depressed by historical standards. Recent Federal Reserve indications that interest rate reductions may occur more slowly may result in decelerated growth in 2025. Year-over-year increases in delinquency continue to be worth monitoring closely. Yet, even despite a relatively steady series of year-over-year increases in recent quarters, the rate remains extremely low relative to historical standards.”

    – Satyan Merchant, senior vice president, automotive and mortgage business leader at TransUnion

    Q4 2024 Mortgage Trends

    Mortgage Lending Metric Q4 2024 Q4 2023 Q4 2022 Q4 2021
    Number of Mortgage Loans 53.1 million 52.9 million 52.6 million 51.2 million
    Consumer-Level Delinquency Rate (60+ DPD) 1.29% 1.03% 0.89% 0.75%
    Prior Quarter Originations* 1.2 million 1.2 million 1.5 million 3.4 million
    Average Loan Amounts
    of New Mortgage Loans*
    $354,943 $337,977 $334,339 $311,743
    Average Balance per Consumer $263,923 $258,167 $252,212 $237,539
    Total Balances of All Mortgage Loans $12.2 trillion $12.0 trillion $11.7 trillion $10.7 trillion


    * O
    riginations are viewed one quarter in arrears to account for reporting lag.
    Click here for additional mortgage industry metrics. Click here for a Q4 2024 mortgage industry infographic.

    Auto originations up year-over-year driven by growth in super prime

    Q4 2024 CIIR Auto Loan Summary

    Originations were up 1.5% YoY in Q3 2024, although they still lagged 14.8% below the pre-pandemic Q3 2019. Super prime borrower originations led the way, up 8.5% YoY for the quarter. This growth was likely driven in part by increasingly available new inventory and increases in incentives. Other risk tiers saw YoY declines in originations, and when compared to 2019 levels, originations remained down across all risk tiers, with subprime seeing the largest decline (down 27.6%). Likely also driven in part by incentives, leasing continued its rebound from its Q4 2022 low (17%), at 24% of new vehicle registrations in Q4 2024. Consumer-level delinquencies of 60+ days past due continued to tick up in Q4 2024 to 1.67%. This represented an increase of 6 basis points YoY. New vehicle vintages continued to show delinquency performance in Q4 2024 consistent with pre-pandemic periods of 2018/2019. Used vehicle vintage delinquencies were slightly improved as compared to the 2022 cohort but remained worse than 2018/2019.

    Instant Analysis

    “Super prime was the underlying driver of auto originations growth in Q4 2024, and will likely continue in 2025. Affordability continues to be an issue for the used vehicle market and for below prime consumers, impacted by higher rates and cross-wallet inflation. This is unlikely to materially improve until we have more certainty around used vehicle inventory and interest rates. Delinquencies have now inched past highs previously seen in 2009, primarily driven by increases among below-prime risk tiers, and we will be monitoring them moving forward.”

    – Satyan Merchant, senior vice president, automotive and mortgage business leader at TransUnion

    Q4 2024 Auto Loan Trends

    Auto Lending Metric Q4 2024 Q4 2023 Q4 2022 Q4 2021
    Total Auto Loan Accounts 80.4 million 80.4 million 80.2 million 81.4 million
    Prior Quarter Originations1 6.4 million 6.3 million 6.5 million 7.2 million
    Average Monthly Payment NEW2 $749 $751 $729 $655
    Average Monthly Payment USED2 $523 $531 $527 $494
    Average Balance per Consumer $24,373 $23,945 $22,998 $21,298
    Average Amount Financed on New Auto Loans2 $42,023 $41,054 $41,941 $40,489
    Average Amount Financed on Used Auto Loans2 $26,135 $26,380 $27,442 $27,346
    Consumer-Level Delinquency Rate (60+ DPD) 1.67% 1.61% 1.43% 1.05%


    1
    Note: Originations are viewed one quarter in arrears to account for reporting lag.
    2Data from S&P Global MobilityAutoCreditInsight, Q4 2024 data only for months of October & November.
    Click here for additional auto industry metrics. Click here for a Q4 2024 auto industry infographic.

    For more information about the report, please register for the Q4 2024 Credit Industry Insight Report webinar.

    About TransUnion (NYSE: TRU)

    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

    http://www.transunion.com/business

    Contact Dave Blumberg
      TransUnion
       
    E-mail dblumberg@transunion.com
       
    Telephone  312-972-6646

    The MIL Network

  • MIL-OSI: Oxford Lane Capital Corp. Prices Public Offering of $165,000,000 7.95% Notes Due 2032

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Feb. 20, 2025 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (the “Company”) today announced that it has priced an underwritten public offering of $165,000,000 in aggregate principal amount of 7.95% unsecured notes due 2032. The notes will mature on February 29, 2032, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after February 28, 2030. The notes will bear interest at a rate of 7.95% per year payable quarterly on March 31, June 30, September 30, and December 31 of each year, commencing June 30, 2025.

    The offering is expected to close on February 27, 2025, subject to customary closing conditions. The Company has granted the underwriters an option to purchase up to an additional $24,750,000 in aggregate principal amount of notes. The notes are expected to be listed on the NASDAQ Global Select Market and to trade thereon within 30 days of the original issue date under the trading symbol “OXLCG”.

    The Company expects to use the net proceeds from this offering to acquire investments in accordance with its investment objective and strategies and for general working capital purposes.

    Lucid Capital Markets, LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering, Clear Street LLC, InspereX LLC, Janney Montgomery Scott LLC and William Blair & Company, L.L.C. are acting as lead managers for the offering, and Ladenburg Thalmann & Co. Inc. is acting as co-manager for the offering.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

    A shelf registration statement relating to these securities is on file with the Securities and Exchange Commission and is effective. The offering may be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained, when available, from the following investment banks: Lucid Capital Markets, LLC, 570 Lexington Ave, 40th Floor, New York, NY 10022 or by telephone number (646) 362-0256; Piper Sandler & Co., Attn: Debt Capital Markets, 1251 Avenue of the Americas, 6th Floor, New York, NY 10020 or by e-mailing fsg-dcm@psc.com. The preliminary prospectus supplement, dated February 19, 2025, and accompanying prospectus, dated November 8, 2024, each of which has been filed with the Securities and Exchange Commission, contain a description of these matters and other important information about the Company and should be read carefully before investing. Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the Company before investing.

    About Oxford Lane Capital Corp.

    Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.

    Forward-Looking Statements

    This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions, including statements with regard to the anticipated use of the net proceeds of the Company’s offering of the Notes. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events, except as may be required by law.

    Contact:

    Bruce Rubin
    203-983-5280

    The MIL Network

  • MIL-OSI: OSS Announces $6 Million in Combined Platform Contract Renewals for Two Existing U.S. Department of Defense Programs

    Source: GlobeNewswire (MIL-OSI)

    Renewals include a $4 million contract for radar processing on the P-8A Poseidon Aircraft and a $2 million contract to upgrade sonar sensor processing for the Virginia Class Submarine

    Orders reflect OSS’ leadership in providing PCIe technologies and flash storage solutions for demanding, ruggedized, and high-performance compute applications that are needed for the modern battlefield

    ESCONDIDO, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced two contract renewals under longstanding U.S. Department of Defense platform programs. Renewals include an approximate $4 million contract to support data recording for radar sensor processing on the P-8A Poseidon Reconnaissance Aircraft, including a 5-year support contract and an approximate $2 million contract to upgrade sonar sensor processing for the Virginia Class Submarine. OSS expects design and production elements to occur in the second half of 2025.

    “We are pleased to announce two program renewals, highlighting our recurring incumbent platform positions and the proven hardware and software capabilities we have created for demanding military applications. These longstanding programs face periodic technology upgrade cycles, and receiving contract renewals is a testament to the continual value we provide in delivering high-performance edge computing solutions. These platform positions are critical components of our long-term strategic plan, and based on our current pipeline, we hope to announce additional platform opportunities in the coming quarters,” stated OSS President and CEO, Mike Knowles.

    P-8A Poseidon Aircraft Renewal and Tech Refresh
    The approximate $4 million in awards include a follow-on production order, a tech refresh contract to expand the scope of the OSS software provided as part of the current $36 million, 5-year sole-source supplier agreement, and a 5-year extension for support. This agreement involves equipping the Navy’s P-8A reconnaissance aircraft and ground base stations with high-capacity flash storage systems, spare flash storage canisters, and support services.

    Designed and manufactured by OSS, these full military-spec storage systems feature hot-swappable canisters of high-capacity NVMe flash storage that may be easily removed and securely transported to ground stations upon the aircraft’s return to base. Controlled by the Company’s exclusive Ion Accelerator™ storage software, these flash storage arrays store high volumes of real-time data collected from the aircraft’s advanced airborne sensors comprised of multifunction radar and associated tracking systems.

    Virginia Class Submarine Renewal
    The approximate $2 million project is a renewal of a sole-source supplier agreement that OSS has been operating under since 2010. The agreement, through a major defense contractor, involves equipping the U.S. Navy’s Virginia Class submarine with PCIe infrastructure that supports sonar sensor processing capabilities. OSS won a contract to upgrade the PCIe accelerator systems with newer PCIe technology that will support the program for at least another 10 years. Prototypes for the upgraded accelerators will be delivered in early 2025, with production systems later in 2025.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results of program renewals with defense contractors and the U.S. Department of Defense, any actual revenue derived from the agreements, the future adoption of technologies or applications, and the expansion of the Company’s offerings and/or relationship with different branches of the U.S. Armed Forces. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network

  • MIL-OSI Global: Switching to electric vehicles will push the power grid to the brink

    Source: The Conversation – UK – By Florimond Gueniat, Associate Professor in Mechanical Engineering, Birmingham City University

    AdamEdwards / shutterstock

    The UK’s pledge to reach net-zero emissions by 2050 hinges on replacing millions of petrol and diesel vehicles with cleaner alternatives. But transitioning to electric transport isn’t just about manufacturing new cars, installing chargers and so on. It’s a gargantuan energy generation challenge that could push the power grid to its limits.

    In 2023, UK transport consumed about 46 million litres of petrol and diesel. If we convert that into electricity, it would be equivalent to 49.5 gigawatts (GW) of continuous power throughout a whole year. For perspective, this is about one-third more than the UK’s entire current electricity generation capacity.

    In other words, every single power station in the UK could be devoted entirely to powering electric vehicles and it still wouldn’t be enough. But one might say we didn’t consider the efficiency of electric vehicles. Petrol and diesel engines waste about three quarters of their energy as heat, with only a small portion used to propel the car. Electric vehicles meanwhile waste only about one quarter.

    Adjusting for this, the actual power needed if the UK went entirely electric drops to around 20 GW. It would still mean increasing today’s grid capacity by almost half (46%), corresponding to building 17 nuclear plants (1.2 GW each) or 5,800 skyscraper-sized wind turbines (3.5 MW each). Those wind farms would cost around £22 billion, while the nuclear plants would cost significantly more.

    At the moment, less than 1% of vehicles in the UK are electric, which explains why there are no specific power issues – yet. But if the country did have a fully carbon-free fleet of vehicles, the associated surge in demand would strain infrastructure and risk large blackouts. California’s grid, for example, already faces stress during electric vehicle charging peaks, prompting warnings and forcing the state to put “managed charging” policies in place.

    ‘A gargantuan energy challenge’.
    Supamotionstock.com / shutterstock

    Massive upgrade needed

    Most countries looking to switch to zero-carbon transport will need to massively upgrade their electricity grid and power plants. Renewable energy complicates matters as wind and solar can’t always meet demand spikes (you can burn more gas or coal when needed, but you can’t choose when the wind blows or the sun shines). Nuclear offers stable and massive output, but new plants can take decades to build and the public is often hostile.

    Certain “smart” solutions could help things even if the grid itself isn’t overhauled. Electric vehicle batteries could be linked to the grid for instance, and used to store and supply power. Overnight, millions of cars will soak up electricity before releasing it when demand spikes again in the morning. Price discounts would encourage people to charge their cars at night, when demand for electricity is at its lowest.

    This can help mitigate many of the issues related to wind and solar being intermittent. But it will cause batteries to deteriorate faster, and still won’t solve the problem of having to generate more electricity.

    Electricity stored overnight can be very useful in the morning when millions of lights and kettles are switched on.
    Smile Fight / shutterstock

    One underappreciated strategy is empowering households and businesses that generate their own electricity via solar panels, small wind turbines, or even micro-hydro systems. By 2035, with vigorous policies, these “prosumers” could supply up to 15% of the UK’s electricity, easing grid strain and reducing reliance on centralised funding. Such policies in Germany have lead its prosumer networks to already offset 10% of the national demand.

    Without such decentralised efforts, the financial burden of grid upgrades will fall entirely on taxpayers, at staggering costs. The alternative is a huge rise in price of electricity, felt by all, and a stalled transition.

    No time to delay

    Generating more power remains the core issue. Without urgent action, the transition to low-carbon transport could stall – or worse, overload the energy system. The governments of France, the UK and some other countries have recently begun to discuss increasing energy production, but the focus is on meeting AI-related demands rather than electricity for the next generation of vehicles.

    Critically, net-zero will only happen with strong transport and energy policies in place. Governments must increase grid capacity and incentivise small-scale renewable generation through tax breaks and specially-designed payments. The alternative – delaying and relying solely on public funds – is economically unviable and politically risky.

    Florimond Gueniat 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. Switching to electric vehicles will push the power grid to the brink – https://theconversation.com/switching-to-electric-vehicles-will-push-the-power-grid-to-the-brink-248814

    MIL OSI – Global Reports

  • MIL-OSI USA: California nominates Steve Jobs for its American Innovation Coin, $1 coin to be produced by U.S. Mint

    Source: US State of California 2

    Feb 19, 2025

    What you need to know: Steve Jobs, a visionary of global scale, has been nominated to represent California on the American Innovation Coin. The coin, which will be minted by the U.S. Mint, highlights U.S. innovations and innovators, including California’s legacy as a global hub of innovation.

    Sacramento, CaliforniaFor California’s American Innovation Coin, Governor Gavin Newsom has recommended world-renowned innovator Steve Jobs. The coin, which will be minted by the U.S. Mint, highlights California’s legacy as a global hub of innovation.

    The American Innovation $1 Coin Program, launched in 2018 by the U.S. Mint, celebrates the spirit of ingenuity that defines America. Each state, territory, and the District of Columbia is honored with creating a unique coin recognizing an innovation or innovator from their region.

    Innovation and California are synonymous, and Steve Jobs encapsulates the unique brand of innovation that California runs on: innovation not driven by business alone, but as a vehicle to forever change the world.

    Governor Gavin Newsom

    This week, Governor’s Office of Business and Economic Development (GO-Biz) Director Dee Dee Myers presented the state’s nomination of Jobs and his legacy to the Citizens Coinage Advisory Committee (CCAC), which will take design recommendations to the Treasury Secretary for final approval. This project is led and facilitated by the U.S. Mint. California’s coin will be produced and made available in 2026.

    Steve Jobs’ legacy of innovation

    Jobs’ legacy spans industries and products: Jobs was the co-founder and CEO of Pixar Animation Studios, bringing to life the world’s first fully computer-animated feature: “Toy Story.” But even that legacy-defining achievement is surpassed by his work as co-founder and two-time CEO of Apple, launching several revolutionary computers, including Apple II – the first mass-produced microcomputer – and Macintosh – the first mass-market personal computer that included a graphic display, so users could see what they were working on. 

    The goal, according to Jobs, was to “bridge the gap between sophisticated technology and ‘the rest of us’ who make up most of humanity…to make complex technology easy to use and fun to use.” That approach led to the iPod, iPhone, and iPad, devices that refined existing technology to make it more precise, more intuitive, and more functional.

    By focusing on who he was innovating for – other people – Jobs was able to use technology to connect people to each other and to the broader world, bringing people onto the same level by providing them with equal access. And that approach was built on a willingness to try new ideas and push the boundaries of what was possible – an approach that embodies the California spirit.

    California has a sense of experimentation about it, and a sense of openness about it—openness and new possibility—that I really didn’t appreciate till I went to other places.

    Steve Jobs

    Press Releases, Recent News

    Recent news

    News What you need to know: Over the next three years, California will host the NBA All-Star Weekend, X Games, FIFA World Cup, Super Bowl LX & LXI, and the LA28 Olympics & Paralympics in select regions across the state. SACRAMENTO – As the Bay Area wraps up…

    News Survivors of the Park Fire, Franklin Fire, and the recent Palisades and Eaton fires would be eligible for direct mortgage relief What you need to know: Governor Newsom is proposing an over $125 million package that includes disaster mortgage relief for homeowners…

    News State continues raising awareness of dangerous drug  What you need to know: California is using a multifaceted approach to tackle illicit fentanyl, including seizing nearly $300 million of illicit fentanyl since 2023 and increasing public education in schools…

    MIL OSI USA News

  • MIL-OSI NGOs: Less than seven percent of pre-conflict water levels available to Rafah and North Gaza, worsening a health catastrophe

    Source: Oxfam –

    • Nearly 1,700 Kilometres of water and sanitation networks have been destroyed 

    • Big-ticket repairs of networks urgently needed but Israel baulks in approving supplies 

    The resumption of aid into Gaza, including fuel to operate undamaged water and sanitation facilities along with water trucking, has improved the amount of water available to people in some parts of Gaza. But the picture remains extremely bleak and dangerously critical, especially in the North Gaza and Rafah governorates, warned Oxfam today.

    Fifteen months of Israel’s military assault has destroyed 1,675 kilometres of water and sanitation networks. In North Gaza and Rafah governorates, which have suffered the most destruction, less than seven per cent of pre-conflict water levels is available to people, heightening the spread of waterborne diseases. Just 5.7 litres per person, per day is available, barely enough for one toilet flush.

    As fragile ceasefire negotiations hang in the balance, any renewed violence or disruption to fuel and the already inadequate aid would trigger a full-scale public health disaster.

    Clémence Lagouardat, Oxfam’s Humanitarian Coordinator in Gaza said:

    “Now that the bombs have stopped, we have only just begun to grasp the sheer scale of destruction to Gaza’s water and sanitation infrastructure. Most vital water and sanitation networks have been entirely lost or paralyzed, creating catastrophic hygiene and health conditions.

    “Our staff and partners have told how people are stopping them in the streets asking for water, and that parents are not drinking to save water for their children. It is heartbreaking to hear about children having to walk for miles for a single jerrycan of water.”

    “Our staff and partners have told how people are stopping them in the streets asking for water, and that parents are not drinking to save water for their children. It is heartbreaking to hear about children having to walk for miles for a single jerrycan of water.”  

    Clémence Lagouardat, Oxfam’s Humanitarian Coordinator in Gaza

    Oxfam International

    In the North Gaza governorate, almost all water wells have been destroyed by the Israeli military. Over 700,000 people have returned to find entire neighbourhoods wiped out. For the few whose homes remain standing, water is non-existent due to the destruction of rooftop storage tanks.

    In Rafah, over 90 per cent of water wells and reservoirs have been partially or completely damaged, and water production is less than five per cent of its capacity before the conflict. Only two out of 35 wells are currently operational. 

    Despite efforts to resume water production since the ceasefire, the destruction of Gaza’s water pipelines means that 60 per cent of water is leaking into the ground rather than reaching people.

    Oxfam and partners’ initial assessment after the ceasefire found:

    • More than 80 percent of water and sanitation infrastructure across the Gaza Strip has been partially or entirely destroyed, including all six major wastewater treatment plants.
    • 85 percent of the sewage pumping stations (73 out of 84) and networks have been destroyed. Some have been repaired but urgently require fuel to operate.
    • 85 percent of small desalination plants (85 out of 103) have been partially damaged or completely destroyed.
    • 67 percent of the 368 municipal wells have been destroyed. Most of the private small wells cannot function due to lack of fuel or generators. 

    The lack of safe water, combined with untreated sewage overflowing in the streets has triggered an explosion of waterborne and infectious diseases. According to the World Health Organization, 88 percent of environmental samples surveyed across Gaza were found contaminated with polio, signalling an imminent risk of outbreak. Infectious diseases including acute watery diarrhoea and respiratory infections – now the leading causes of death – are also surging, with 46,000 cases, mostly children, being reported each week.

    Chickenpox and skin diseases such scabies and impetigo are also spreading rapidly, particularly among displaced populations in the Northern Gaza Governorate, where water shortages are most severe.

    “Rebuilding water and sanitation is vital for Gaza to have a path to normalcy after 15 months of horror. The ceasefire must hold, and fuel and aid must flow so that Palestinians can rebuild their lives. Lasting peace for Palestinians and Israelis can only come through a permanent ceasefire and a just solution.

    Clémence Lagouardat, Oxfam’s Humanitarian Coordinator in Gaza

    Oxfam International

    Meanwhile, with no waste collection and transport for over 15 months, more than 2,000 tonnes of garbage has been piling up in the streets every day.  This toxic combination of open sewage, uncollected waste and contaminated water is creating a perfect storm for a deadly disease outbreak.

    Lagouardat said: “Despite the increase in aid since the ceasefire, Israel continues to severely impair critical items needed to begin repairing the massive structural damage from its airstrikes. This includes desperately needed pipes for repairing water and sanitation networks, equipment like generators to operate wells.”

    Oxfam’s own 85 tonne-shipment of water pipes, fittings and water tanks – worth over $480,000 – had been held up for over six months because it was deemed as dual-use and “oversized” to enter. Israeli authorities only finally approved the shipment this week, although it has yet to enter.

    Lagouardat said: “Hundreds of thousands of displaced people across the Gaza Strip have had to resort to digging makeshift cesspits next to their tents. This daily discharge of approximately 130,000 cubic meters – the equivalent of 52 Olympic pools – of untreated sewage is contaminating the Mediterranean Sea and Gaza’s only aquifer.

    “Rebuilding water and sanitation is vital for Gaza to have a path to normalcy after 15 months of horror. The ceasefire must hold, and fuel and aid must flow so that Palestinians can rebuild their lives. Lasting peace for Palestinians and Israelis can only come through a permanent ceasefire and a just solution.”

    MIL OSI NGO

  • MIL-OSI Asia-Pac: STL visits Guangzhou to meet relevant Guangdong Province authorities (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Transport and Logistics, Ms Mable Chan, visited Guangzhou today (February 20) and met with local government officials to exchange views on issues of mutual concern.

         Upon arrival, Ms Chan met with the Director of the Department of Transport of Guangdong Province, Mr Lin Feiming, and Deputy Director of the Guangdong Provincial Public Security Department Mr Guo Xiangyang respectively, as well as representatives from the Hong Kong and Macao Work Office of the CPC Guangdong Provincial Committee and the Guangdong Provincial Development and Reform Commission. They exchanged views on various matters, including the operation of the Hong Kong-Zhuhai-Macao Bridge, and promoting and driving the flow of people and goods between Hong Kong and Guangdong. She also visited local transportation facilities to learn about their operations.

         Ms Chan said, “Hong Kong has always been maintaining close ties with Guangdong Province, and strives to pursue innovation in cross-boundary transport policies and promote the development of a ‘one-hour living circle’ in the Guangdong-Hong Kong-Macao Greater Bay Area. The Northbound Travel for Hong Kong Vehicles (the scheme) launched by the Hong Kong Special Administrative Region (HKSAR) Government in July 2023 has been well received by its citizens. As at mid-February this year, around 80 000 Hong Kong private cars have obtained valid permits for travelling to Guangdong, which means one in every six eligible private cars has joined the scheme.”

         Ms Chan expressed her gratitude for the ongoing and strong support from various units of Guangdong Province to the continuous enhancements of the scheme, providing citizens with a better and more convenient travel experience. The HKSAR Government will continue to explore with different units of the Mainland the implementation arrangements for allowing Guangdong private cars to travel to Hong Kong. The details are expected to be announced in due course.

         Ms Chan concluded her duty visit and returned to Hong Kong tonight.            

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Government welcomes passage of Road Tunnels (Government) (Amendment) Bill 2024

    Source: Hong Kong Government special administrative region

         The Government welcomed the passage of the Road Tunnels (Government) (Amendment) Bill 2024 by the Legislative Council today (February 20), which lays the foundation for the Government to smoothly take over the Tai Lam Tunnel (TLT) and implement new tolls at a suitably reduced level.

         The Secretary for Transport and Logistics, Ms Mable Chan, said, “The TLT is vital to the well-being of the 1 million residents in Yuen Long and North Districts who travel through the Tunnel, as well as being the lifeblood of transport and logistics trades to the road-based land crossings, airport, cargo terminals, etc. The Bill seeks to make the TLT, which is an important land infrastructure, more accessible and convenient for the public. The new tolls, which are devised based on scientific and traffic data, will enable the flow of people and freight between the Northwest New Territories and the urban area. The new tolls are a comprehensive proposal that takes into account both public opinion and holistic policy considerations.”

         The Government has appropriately reduced the tolls of the TLT to achieve a number of policy objectives: ensure that the TLT remains smooth and its spare capacity is utilised to alleviate the heavy traffic on its alternative routes (i.e. Tuen Mun Road and Tolo Highway); ensure smooth public transport services through the tunnel, thereby enabling the public’s commuting; embody the principle of “efficiency first” to attract commercial vehicles to use the Tunnel in support of the operation and development of the logistics industry; and the adherence to the principles of “user pay” and “cost-recovery”.

         The Government will implement a time-varying toll at the TLT. The tolls for all types of vehicles will be substantially reduced from the current levels, i.e. the toll for private cars is between $18 and $45; the toll for motorcycles (including motor tricycles) is between $7.2 and $18; the toll for taxis is charged at an all-day fixed rate of $28, while other commercial vehicles including goods vehicles and buses are charged an all-day fixed toll of $43. The above tolls will come into force on May 31 this year when the Government takes over the TLT. The HKeToll will also be implemented at the TLT, and the Transport Department will announce the details in due course.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Thales, Milrem Robotics, and EM&E Group sign a MoU for strategic cooperation in the United Arab Emirates

    Source: Thales Group

    Headline: Thales, Milrem Robotics, and EM&E Group sign a MoU for strategic cooperation in the United Arab Emirates

    February 18, 2025 — Abu Dhabi, UAE: Milrem Robotics, the world’s leading robotics and autonomous systems developer, EM&E Group, a prominent defence technology provider, and Thales in Belgium, a subsidiary of Thales a global tech leader in defence, aerospace and cyber have signed a Memorandum of Understanding (MoU) to jointly address commercial cooperation in the United Arab Emirates.

    This MoU provides a framework that focuses on joint innovation and robotics capability integration projects. One of the main goals of this partnership is to integrate EM&E Group’s SECUTOR Remote Weapon Station together with Thales in Belgium’s 70mm rocket systems into Milrem Robotics’ THeMIS modular unmanned ground vehicle. This integration will enhance the operational capabilities of this platform, making it more versatile and suited to meet the specific needs of the UAE, particularly in terms of drones countermeasures (C-UAS).

    This system will be displayed by the EDGE Group at IDEX 2025, which will be held in Abu Dhabi from 17-21 February.

    The agreement also outlines opportunities for further collaborative development projects that combine the expertise of all three parties to advance cutting-edge defence solutions.

    “Milrem Robotics, EM&E Group, and Thales in Belgium share a vision of leveraging our combined technological strengths to address the evolving needs for robotic systems and to build efficient defence capabilities. Through this partnership, we aim to drive innovation, strengthen regional security, and contribute to the UAE’s defence and technological capabilities,” said Kuldar Väärsi, CEO of Milrem Robotics.

    “We are excited to enter into this strategic partnership, bringing together cutting-edge technologies to meet defence needs in a rapidly evolving landscape. This collaboration reflects our shared commitment to advancing security and technological excellence, in keeping with the UAE’s vision for innovation in defence,” said Alain Quevrin, CEO of Thales in Belgium

    “It is an honour to participate in this strategic project, which will bring together the capabilities and technologies necessary for the development of a cutting-edge system such as the Secutor Rocket. This agreement reflects our shared commitment to respond to the needs of the ever-changing Defence sector”, said Javier Escribano, President of EM&E Group.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence, Aerospace and Cyber & Digital. It develops products and solutions that help make the world safer, greener and more inclusive.

    The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

    Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4 billion.

    About Thales in Belgium

    Thales Belgium, a subsidiary of the Thales Group, has operated in Belgium for over 50 years, serving three core markets — Defence & Security, Aeronautics & Space and Digital Identity & Security — and developing products and solutions that help make the world safer, greener and more inclusive.

    Thales employs over 1,200 people in Belgium at nine sites (Herstal, Tubize, Brussels, Charleroi, Hasselt, Leuven, Zaventem and Hasselt). Thales Belgium consistently contributes to the country’s research and development programmes, in particular in key sectors of innovation such as quantum technologies, edge computing, 6G and cybersecurity.

    About Milrem

    milremrobotics.com

    About EM&E Group

    www.eme-es.com

    Media contacts

    Thales in Belgium

    Lou Uniak – lou.uniack@thalesgroup.com

    Thales Group

    Camille Heck – Camille.heck@thalesgroup.com

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Mable Chan visits GZ

    Source: Hong Kong Information Services

    Secretary for Transport & Logistics Mable Chan today visited Guangzhou, meeting government officials there to discuss issues of mutual concern.

    Ms Chan held separate meetings with Guangdong’s Department of Transport Director  Lin Feiming and Public Security Department Deputy Director Guo Xiangyang.

    She also met representatives from the CPC Guangdong Provincial Committee’s Hong Kong & Macao Work Office and Guangdong’s Development & Reform Commission.

    The representatives and Ms Chan exchanged views on matters including the operation of the Hong Kong-Zhuhai-Macao Bridge, and promoting the flow of people and goods between Hong Kong and Guangdong. Ms Chan also visited local transportation facilities to learn about their operations.

    The transport chief highlighted that Hong Kong maintains close ties with Guangdong, and is striving to pursue innovation in cross-boundary transport policies and to promote a “one-hour living circle” in the Greater Bay Area.

    She mentioned that the Northbound Travel for Hong Kong Vehicles policy launched by the Hong Kong Special Administrative Region Government in 2023 has been well received. Around 80,000 Hong Kong private cars had obtained valid permits for travelling to Guangdong as of mid-February this year, meaning that one in every six eligible private cars has joined the scheme, she said.

    Ms Chan expressed gratitude to various authorities in Guangdong for their ongoing and strong support for the scheme, and said the Hong Kong SAR Government will work with Mainland authorities to explore arrangements allowing Guangdong private cars to travel to Hong Kong. 

    MIL OSI Asia Pacific News

  • MIL-OSI: Microchip Extends maXTouch® M1 Generation Family to Support Large, Curved and Shaped Automotive Displays

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) — Automakers are revolutionizing the driving experience with innovative smart cockpit designs that feature large displays and emerging technologies like Organic Light Emitting Diodes (OLEDs) and microLEDs, seamlessly blending functionality with brand identity. However, these advancements pose significant challenges for the integration of capacitive touch sensing, especially with the thinner stack-up and an increasing number of touch electrodes. To address these challenges, Microchip Technology (Nasdaq: MCHP) has launched the ATMXT3072M1 and ATMXT2496M1 touchscreen controller families to help provide automotive HMI designers with reliable touch solutions. The single-chip touchscreen controllers feature up to 112 reconfigurable touch channels—or 162 equivalent touch channels in ultra-wide mode— enabling the support of large, curved and free-form touch displays up to 20 inches in 16:9 format and 34 inches in 7:1 format.

    Large thin displays, such as on-cell OLED, embed touch electrodes with higher capacitive loads and stronger coupling of display noise, increasing the risk of false or missed touch detections. As part of the maXTouch® touchscreen controller family, the new devices employ Microchip’s proprietary Smart Mutual touch acquisition method and algorithms to increase the touch Signal-to-Noise Ratio (SNR) by up to +15 dB compared to the previous generation.

    “The size and appearance of automotive cockpit displays can significantly influence a buyer’s perception of the vehicle’s technological sophistication. However, integrating reliable touch functionality into advanced displays can present significant challenges,” said Patrick Johnson, senior corporate vice president overseeing Microchip’s human machine interface division. “Our ATMXT3072M1 and ATMXT2496M1 touchscreen controllers address these challenges with innovative sensing algorithms for fast and reliable touch performance. This enables automakers to design cutting-edge, visually stunning and user-friendly interfaces that enhance both the driving experience and vehicle safety.”

    ATMXT3072M1 and ATMXT2496M1 controllers are designed to be compliant with ASIL-A and B standards and are developed according to Microchip’s ISO26262 Functional Safety Management System, which is certified by TÜV Rheinland. Failure Modes, Effects and Diagnostic Analysis (FMEDA) and safety manuals are also available to help customers achieve certification for their systems’ touch functionality more efficiently and cost-effectively. The touch controllers’ firmware is upgradable by the automobile’s main computer system and can be verified using the integrated firmware authentication feature, which implements the SHA-512 cryptographic hash function. This cybersecurity function enables reliable Over-the-Air (OTA) updates in compliance with ISO 21434:2021 standards.

    To limit eyes-off-road time and promote safer driving, the Euro NCAP tests in 2026 will likely encourage manufacturers to use separate physical controls for basic functions. Microchip’s Knob-on-Display™ (KoD™) technology allows for the addition of intuitive physical knobs on the touchscreen, improving safety while preserving the sleek look of modern vehicle displays. Additionally, implementing haptic feedback on the touchscreen is a recognized method for reducing driver distraction. The new maXTouch M1 Generation touchscreen controller features dedicated functions, such as the Shape Event Trigger combined with automated pattern Pulse Width Modulation (PWM), to achieve ultra-low-latency haptic control. This innovation transfers the decision-making and generation of haptic waveforms from the main application host processor to the touchscreen controller.

    Visit the maXTouch M1 Generation family webpage to learn more about the key features of Microchip’s touchscreen controller solutions.

    Development Tools
    The comprehensive EV01S50A development printed circuit board (PCB) was designed for the ATMXT3072M1 touchscreen controller family to enable customers to more easily evaluate and test the devices in their applications. The EV13B92A evaluation kit includes a 15.6” ITO touch sensor.

    Availability
    For additional information and to purchase, contact a Microchip sales representative or authorized worldwide distributor.

    Resources
    High-res images available through Flickr or editorial contact (feel free to publish):

    About Microchip Technology:
    Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control and processing solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve over 100,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

    Note: The Microchip name and logo, the Microchip logo and maXTouch are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

    The MIL Network

  • MIL-OSI Security: Witness appeal after woman was struck by a van in SE14

    Source: United Kingdom London Metropolitan Police

    Police are appealing for witnesses and any road users with footage after a collision in New Cross left a woman seriously injured.

    The incident happened on Monday, 10 February shortly after 14:00hrs in Milton Court Road, SE14. A female pedestrian in her 30s was struck by a van.

    Officers and London Ambulance Service attended the scene and the woman was rushed for hospital for treatment. Her condition is not life-threatening but she is likely to suffer lasting injuries.

    The vehicle involved did not stop at the scene but has since been recovered.

    Officers are appealing for any witnesses or footage of the incident that could assist them in building a clear picture of what happened.

    Detective Sergeant Jack Mounstephen, of the South East Command Unit, said: “At this stage, we are treating this incident as a deliberate act and need to understand exactly what happened in the build-up and aftermath.

    “Were you in the area of Milton Court Road between 14.00hrs and 14.25hrs on Monday, 10 February? Did you witness this incident which resulted in a woman being seriously injured? No matter how insignificant you think the information you have is, I would urge you to contact us immediately.

    “If you were driving in the area, please check any dashcam or camera footage to see if you have captured what happened.”

    Anyone with information is asked to call 101 or ‘X’ @MetCC and quote 01/7148469/25.

    = One man has appeared in court charged with grievous bodily harm and causing serious injury due to dangerous driving. A second man, 46, has been arrested on suspicion of attempted murder and bailed pending further enquiries.

    MIL Security OSI

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 19 02 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
    LEARNING TECHNOLOGIES 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
    19 FEBRUARY 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: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 9,141,746 1.1536    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 9,141,746 1.1536    

    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
    0.375p ORDINARY SALE 14,530 99.2131p

    (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: 20 FEBRUARY 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 – [ALLIANCE PHARMA PLC – 19 02 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
    19 FEBRUARY 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: 12,194,397 2.2559    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 12,194,397 2.2559    

    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 27,000 60.25p

    (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: 20 FEBRUARY 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 Economics: Michael S Barr: Artificial intelligence – hypothetical scenarios for the future

    Source: Bank for International Settlements

    Advances in artificial intelligence (AI) have accelerated rapidly over the past few years. It is now commonplace to see autonomous vehicles navigating city streets, and generative AI tools are available on phones and other devices wherever we go. AI innovations make headlines and play a big role in financial markets, and generative AI has the potential to change how we think about productivity, labor markets and the macroeconomy. Today, I will address that question by outlining two hypothetical scenarios for AI’s impact and the implications for businesses, regulators, and society. I will focus my comments on Generative AI, or GenAI, a subset of AI that has seen significant growth and integration into economic activity in just a few short years.

    GenAI and Its Adoption

    Compared to earlier iterations of AI, GenAI is able to generate content, which allows it to significantly enhance productivity across a range of knowledge-based activities and be used by people without coding skills. GenAI will likely become a “general purpose technology,” with widespread adoption, continuous improvement, and productivity enhancements to a wide range of sectors across the economy. We are already seeing GenAI improve the productivity of its own R&D. There is widespread enthusiasm for GenAI, and survey evidence shows much faster rates of consumer adoption of GenAI already than were seen for the personal computer or the internet. While actual deployment of GenAI is limited to some business functions, and there have been pitfalls along the way, businesses in almost every sector are experimenting with or considering how to make use of the technology.

    Firms are also exploring Agentic AI-Gen AI systems that not only produce new content, but are also able to proactively pursue goals by generating innovative solutions and acting upon them at speed and scale. Imagining Agentic AI’s ultimate application, some speculate that we could experience a “country of geniuses in a data center”-a collective intelligence that surpasses human capabilities in problem-solving and collaboration. Some believe Agentic AI has the potential to connect ideas in disparate domains, potentially transforming research and development and society more broadly.

    MIL OSI Economics

  • MIL-OSI USA: Speaker Johnson Delivers Keynote Address to Alliance for Responsible Citizenship Conference

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Yesterday, Speaker Johnson delivered the keynote address at the 2025 Alliance for Responsible Citizenship (ARC) global conference in London, England. Appearing remotely to the more than 4,000-person audience, Speaker Johnson warned against the threat of “soft despotism,” and encouraged leaders to “be prepared to steer their aims towards policies and mediating institutions that reduce government dominion over our lives and advance prosperity.”

    “The only way to reverse this trend into further technocratic tyranny is to recommit to our foundational principles and live them out. What made the West, and what made our nations great, must now guide us once again,” Speaker Johnson said.

    Watch Speaker Johnson’s full address here.

    Below are excerpts from the address:

    “Here in America, as you are all seeing, we’re in the midst of a great change. In our national election a few months ago, our people delivered truly a mandate to make our country great again and to restore common sense in our public policy. Here and elsewhere, the radical big government progressives pushed that pendulum too far and too aggressively to the left, and the people rose up and said, enough. And now that pendulum is beginning to swing back to the center, and we’ve been given a once-in-a-generation opportunity to demonstrate now to our nation and the new demographics of voters who have come into our Republican Party for the first time, that it really is our conservative policies that lead to human flourishing, because they’re better for individuals and families and communities, individual states, and our nation as a whole,” Speaker Johnson said

    “In America, we still believe in peace through strength, and we still understand our role in the world. A strong America is good for free people everywhere because it helps to keep the terrorists and the tyrants at bay. But to maintain our strength and leadership, our foreign policy must be centered on our own national interest. It’s a matter of common sense for each of our countries to acknowledge that we must each take care of our own houses before we help take care of the neighborhood,” Speaker Johnson said. “As we seek to make America safer, stronger, and more prosperous, we will encourage all our friends and allies to do the same in and for their own countries. The survival of the West will depend upon that. And this is how we will turn the tides, by refocusing and marshalling our many shared interests toward our own national interest.”

    “This trend is reflected in political apathy and the growing tendency of people to simply submit to governments whose laws have become so offensively intrusive and whose centers of power feel distant and inaccessible. If there is nothing to fight for, then why fight at all, Speaker Johnson said. ”This is the vision of the left, for the people to feel so powerless that they give in and just accept their fate as mindless vassals under the safe protection of the state. And the only way to reverse this trend into further technocratic tyranny is to recommit to our foundational principles and live them out. What made the West and what made our nations great must now guide us once again.

    Below is the full transcript of Speaker Johnson’s address as delivered: 

    Thank you, my dear friend, the Baroness. Good morning. I wish I could be there with all of you in person, and I am truly sorry that I’ve been prevented from making the trip now for the second year in a row. I was unexpectedly elected Speaker of the House just days before the inaugural ARC Conference in October 2023, and I had to send my last-minute regrets. And now, just days before this second conference that I had so much been looking forward to, I found myself once again with late breaking developments in Congress, this time involving our budget and government funding that simply doesn’t allow me to leave the country. But there’s no place I’d rather be than there with you this week as we had long planned, but I’m glad to at least have this opportunity to join you remotely. 

    We find ourselves in a very unique and consequential moment in history here in America and throughout the West. And I believe the timing of the ARC Conference is truly providential. I joined the ARC Advisory Board two years ago because I was so intrigued by the idea of bringing together so many thought leaders and change makers from around the world to, as we determined, ‘shape a hope-filled vision for the future.’ My friends, there really is great reason for our hope. 

    Here in America, as you are all seeing, we’re in the midst of a great change. In our national election a few months ago, our people delivered truly a mandate to make our country great again and to restore common sense in our public policy. Here and elsewhere, the radical big government progressives pushed that pendulum too far and too aggressively to the left, and the people rose up and said, enough. And now that pendulum is beginning to swing back to the center, and we’ve been given a once-in-a-generation opportunity to demonstrate now to our nation and the new demographics of voters who have come into our Republican Party for the first time, that it really is our conservative policies that lead to human flourishing, because they’re better for individuals and families and communities, individual states, and our nation as a whole.

    In recent decades, our government had become too large, too inefficient, and too powerful. And in too many cases, it had also been weaponized and corrupted. That is precisely what the framers of our Constitution feared and what political philosophers and historians over the centuries have warned against. Almost two centuries ago, Alexei de Tocqueville wrote of big government: “After having thus successfully taken each member of the community in its powerful grasp and fashioned him at will, the supreme power then extends its arm over the whole community. It covers the surface of society with a network of small, complicated rules, minute and uniform, which the most original minds and the most energetic characters cannot penetrate to rise above the crowd.”

    De Tocqueville noted that “such a power does not tyrannize, but it compresses, extinguishes, and stupefies a people till each nation is reduced to nothing better than a flock of timid and industrious animals of which the government is the shepherd.” Tocqueville called it soft despotism, a condition in which citizens voluntarily and gradually just surrender their rights and independence to the government, lured by the promise of security and stability. This kind of despotism doesn’t arrive through violence or open tyranny. Instead, it comes quietly, insidiously, through comfort and convenience. 

    Tocqueville warned of a future where citizens would become passive spectators in their own democracy, willful stewards of their carefully managed decline. Soft despots don’t break down your door and confiscate your weapons, they don’t arrest you in public for criticizing the government, and they don’t station soldiers on street corners to ensure your compliance. Soft despots ensure your compliance through normal democratic channels. 

    Regulations? Oh, they keep you safe. 

    Censorship? That’s to protect you from misinformation. 

    Surveillance? That’s necessary for your security, see.

    Dependence? It offers you stability. 

    And we see these forces at work in our society today. The architects of this soft despotism have taken shape too often as government bureaucrats and big tech and corporate elites, international institutions, media gatekeepers, and the welfare state. And their benevolent rule has given us nations without borders, grossly inefficient bureaucracies, a culture of surveillance, and a citizenry that is apathetic, distracted, and dependent. The dynamics are the same around the world. Whether you’re in Detroit or Manchester, Lyon or Berlin, the supreme power of big government has extended its arm over all of us. And the casualties of the soft despotism that’s taken hold have been the loss of our heritage, our national identities, our patriotism, and our prosperity. 

    In this civilizational moment, as our friend Oz Guinness describes it, will we choose renewal, replacement, or decline? In the U.S., we have just embarked on a new path of renewal. We are determined to bring about a new golden age in America, as President Trump says, and we are convinced that we can, if we return to the timeless foundational principles which lead to human flourishing. 

    The challenge we have today is ensuring that the current generations of our countrymen recognize and recommit to those principles. And what are they? In less than 17 months, the U.S. will celebrate the 250th anniversary of our Declaration of Independence. As G.K. Chesterton observed, “America was founded on a creed that is set forth with dogmatic and even theological lucidity,” he said. From. the second paragraph of the Declaration, “We hold these truths to be self-evident, that all men are created equal, they are endowed by their Creator with certain inalienable rights, that among these are life, liberty, and the pursuit of happiness, that to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed.”

    Of the 56 men who signed the Declaration, almost all of them professed to be Christians, and at least half of them had received formal religious training in their education. Having studied the Bible, they recognize that we are not simply born equal, but rather created equal and that it is our Creator who endows us with our rights and not the state. They also recognize that all of us are made in the image of our Creator and thus every single person has an inestimable dignity and value. And that value is not related in any way to the color of our skin or where we live or what our talents are or anything else. Our value is inherent because it is given to us by God. 

    The founders of our country also understood that man has a fallen nature and that fallen men with power and no accountability can become a serious problem. Because power corrupts and as Lord Acton observed, “absolute power corrupts absolutely.” So, our system of government was meticulously designed with careful safeguards, like the separation of powers and checks and balances. And our founders emphasized that a government of the people, by the people, and for the people, could not long survive without a vibrant practice of religious faith, because they understood that is a necessary element to foster personal responsibility and to keep a general moral consensus among the people. A healthy, self-governing society relies on the moral character of its citizens. 

    It’s ironic, but on this day in America, we’re observing one of our 11 federal holidays, and this one’s known as President’s Day, which originally began as an annual celebration of George Washington’s birthday. In his farewell address, the father of our country noted this. He said, “Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports.” Our second president, John Adams, reminded his countrymen that the American Constitution was, “made only for a moral and religious people. It is wholly inadequate to the government of any other.” The founders emphasized the importance of balancing individual liberty with personal responsibility. And our fourth president, James Madison, argued that every citizen should put the nation above their own self-interest. 

    The timeless virtues that are rooted in the Judeo-Christian tradition served as the foundation of America and of all Western civilization. But in recent decades, changes have happened rapidly, and left-wing social movements have advanced very aggressively. Many world leaders, convinced that national borders were obstacles to unity and social progress, sought to dismantle them in favor of global integration. 

    But a key downside to the new global order is that it ultimately led to a devaluing of local communities and a weakening of national identity, which was replaced instead by a divisive new racial, sexual, and gender-based identity. If Americans aren’t American anymore, and Brits aren’t British anymore, and Germans aren’t German anymore, then naturally something else will fill the void. If everyone is a citizen of the world, then no one is really accountable any longer to their own nation or to their own local community. 

    Unfortunately, these ideas have taken hold. We have heard a little bit about polls this morning. Here’s a few more. 50% of Germans under the age of 30 say they feel more European now than German. Only 40% of Americans say they are extremely proud to be American. Only one in five British adults consider themselves to be very patriotic. This trend is reflected in political apathy and the growing tendency of people to simply submit to governments whose laws have become so offensively intrusive and whose centers of power feel distant and inaccessible. If there is nothing to fight for, then why fight at all? 

    This is the vision of the left, for the people to feel so powerless that they give in and just accept their fate as mindless vassals under the safe protection of the state. And the only way to reverse this trend into further technocratic tyranny is to recommit to our foundational principles and live them out. What made the West and what made our nations great must now guide us once again. 

    During his trip through America, Tocqueville marveled at what he said was, “The extreme skill with which the inhabitants of the United States succeed in proposing a common object for the exertions of a great many men and in inducing them voluntarily to pursue it.” Those neighbors and local volunteers joined together to found seminaries, hospitals, prisons, libraries, and schools. They built society together with their own hands. 

    In all of our shared history in the West, it has remained true that strong communities have formed a bulwark against tyranny. Strong mediating institutions ground us in the needs of our community and the outgrowth of these institutions formed the basis for a healthy, engaged citizenry. Edmund Burke called them “little platoons.” He was referring to the families and churches and civic organizations and community groups which began at the smallest, most local level. Burke argued this bottom-up voluntary approach to society would deepen our sense of duty and shared responsibility to one another and also act as an important safeguard against a distant state authority. 

    While the spirit of voluntary association is currently on life support throughout the West, it is not dead. We see it in America every time there is a natural disaster. I’ve participated in this as a local citizen, and I’ve witnessed it often as an elected official.

    This past September, Hurricane Helene made landfall in the United States. It was an historic storm. For five straight days, torrential rains and 100-mile-per-hour winds swept across the Atlantic, devastating homes and communities and businesses. It hit western North Carolina the hardest. As the Speaker of the House, tasked with ultimately passing the relief efforts through Congress, I wanted to take a trip to ground zero to witness the scope of this destruction and meet with the individuals whose aid our aid would eventually impact. 

    One of our first visits in the state was to the First Baptist Church in Swannanoa, North Carolina. When we arrived, we were met with what looked like a military-grade aid station. It was so impressive. There were doctors and nurses and carpenters and chefs and scores of volunteers. The storm knocked out almost all of their cell and internet service throughout the entire region. So, I asked the pastor’s wife at that church, how did all this come together? 

    She informed me that an elderly woman in the community, who had recently purchased an entire cow to store in her deep freezer for the winter months, had lost her home in the storm, but somehow the deep freezer had survived. She was worried that the hundreds of pounds of meat in her freezer would spoil without electricity, so she loaded it into a vehicle and dropped it off somewhere she knew it would go to good use, and that was the local church. 

    Neither the pastor nor his wife were trained butchers, but they knew they had hungry mouths in the community, so they turned their sanctuary into a makeshift butcher shop and started cooking for the surrounding people. As the smell of grilled beef wafted above the small town, citizens showed up. And they continued to show up. And from that point forward, the church became the central hub for disaster relief, organized not by the state or the federal government, but by local neighbors, the community. It filled in where the bureaucracy could not. 

    In times of disaster, local organizations are often the first to respond, well before the broken and bureaucratic federal agencies ever arrive. And they often have a much higher mission success rate, by the way. In my home state of Louisiana, organizations like the Cajun Navy, an interconnected group of volunteers with boats and trucks, have saved thousands of Louisianians during storms like Hurricane Katrina. 

    I tell these stories because they serve as evidence that strong communities, built on the spirit of voluntary association and shared responsibility are still very much alive. But it is a shame that it takes a natural disaster for us to recognize their value. This level of civic engagement should be the rule and not the exception, because the same principles that drive effective local action in times of crisis can also inform national policy and global leadership. 

    In the last line of the Declaration of Independence, our founders wrote the following, “For the support of this declaration, with a firm reliance on the protection of divine providence, we mutually pledge to each other our lives, our fortunes, and our sacred honor.” America’s founders were willing to die for the cause of liberty, and this acknowledgment in our nation’s birth certificate signaled a commitment that America would place our national interest over our individual interests, and those of foreign nations. 

    While we have gradually lost sight of this concept, the new American government is proof positive that we can rekindle that spirit once again. On this national holiday of ours, I’ll quote the president that I most fondly remember from my youth, and that’s Ronald Reagan. He reminded us of this famous admonition. He said, “We cannot escape our destiny, nor should we try to do so. The leadership of the free world was thrust upon us two centuries ago in that little hall in Philadelphia. In the days following World War II, when the economic strength and power of America was all that stood between the world and the return of the Dark Ages, Pope Pius XII said, the American people have a great genius for splendid and unselfish actions. 

    Into the hands of America, God has placed the destinies of an afflicted mankind.” American leadership clearly did help bring about decades of peace and economic growth and prosperity for the Western democracies. 

    In America, we still believe in peace through strength, and we still understand our role in the world. A strong America is good for free people everywhere because it helps to keep the terrorists and the tyrants at bay. But to maintain our strength and leadership, our foreign policy must be centered on our own national interest. It’s a matter of common sense for each of our countries to acknowledge that we must each take care of our own houses before we help take care of the neighborhood. As we seek to make America safer, stronger, and more prosperous, we will encourage all our friends and allies to do the same in and for their own countries. The survival of the West will depend upon that. And this is how we will turn the tides, by refocusing and marshalling our many shared interests toward our own national interest. 

    Recent elections in places France, Italy, like Netherlands and Germany signal that millions of freedom-loving people around the world share our concerns about unchecked power and the erosion of national sovereignty. As leaders in government, academia, media, and the arts, we must be prepared to steer their aims toward policies and mediating institutions that reduce government dominion over our lives and advance prosperity. In short, we must not let this civilizational moment pass us by. 

    So how do we do it? As leaders, we should be working at every level to shift control away from established power centers and back to the people. The local school board will not be nearly as powerful if there is a thriving parent-teacher association holding them accountable. The county commission’s grip on zoning laws is weakened when neighborhoods take control of development initiatives. And organizations like the World Economic Forum lose their dominance when organizations like our ARC seek to challenge their hegemony. 

    History has proven that centralized governments thrive when their subjects are powerless and indifferent. If we want to protect our rights from tyranny, we have to focus, work, and build closest to home. And we must hold our elected leaders accountable. 

    President Reagan reminded us of another thing. He said, “Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on so that they will know the same liberty, opportunity, and security that we have too often taken for granted.”

    This is our civilizational moment. The West is finally awakening once again. We have to seize this opportunity, and by God’s grace, we will. I hope you all enjoy this historic conference, and I thank you again for the opportunity to share with you this morning, and I so wish I was there in person. God bless you.

    ###

    MIL OSI USA News

  • MIL-OSI Global: Why the US return to tariffs and protectionism ‘reeks of hypocrisy’ – podcast

    Source: The Conversation – UK – By Gemma Ware, Host, The Conversation Weekly Podcast, The Conversation

    Amani A/Shutterstock

     When Donald Trump imposed sweeping tariffs during his first term as US president, it sparked a trade war with China. As the Trump administration ratchets up its threat to tax imports from its allies and economic rivals alike, the world is bracing for another wave of costly economic disruption.

    This protectionist shift is all the more remarkable given how the US championed trade liberalisation for decades.

    So what does it actually take for a country to use protectionism to grow its economy? Some developing countries have successfully used tariffs to do so, while others have struggled. In this episode of The Conversation Weekly podcast, we talk to Jostein Hauge, a development economist at the University of Cambridge, about who wins and who loses from tariffs and protectionism.

    The main argument against taxing imports through tariffs is that the higher costs of imported goods will be passed onto consumers. The main argument in favour is that tariffs can help to protect a country’s domestic economy, explains Hauge:

     By using tariffs, you can, if they are used effectively, and if they’re successful, help domestic firms become better at producing what they’re producing and eventually become competitive in the world economy. Sometimes that’s successful, other times that’s not successful. It can also be an effective way of raising taxes, especially for countries that don’t have a lot of tax revenue, especially developing countries.

    A number of developing countries successfully used tariffs and other forms of protectionism to grow their economies in the 1950s and 1960s, as Hauge explains:

    South Korea gradually went from being a low-income, low-tech economy towards becoming extremely important players in global industries like electronics, automotive and steel.

    The US has also used tariffs throughout its history, with varying degrees of success. It was the most protectionist country in the world in the 1800s, using tariffs to grow its economy. But the Smoot-Hawley Act in 1930, which introduced a range of taxes on imports to the US, actually contributed to worsening the Great Depression.

    From the 1970s, however, the US aggressively pushed for trade liberalisation and backed the creation of the World Trade Organization in the 1990s. That’s why Hauge says the current return to US protectionism, which began during the first Trump administration and continued under Biden, “reeks of hypocrisy”.

     When rich countries were ahead in the 1970s, 1980s and 1990s, it made sense for them to preach the virtues of free trade to the rest of the world.  That is also why we’re seeing this protectionist turn right now, especially in the United States, but also to some degree in Europe, because now certain countries are starting to become competitive once again. In particular, China is now challenging the economic power of the United States, especially within a lot of manufactured goods, so the United States is now turning away from this doctrine of free trade, saying actually protectionism is useful.

    Listen to the conversation with Jostein Hauge on The Conversation Weekly podcast, which also includes an introduction from Tracy Walsh, economy and business editor at The Conversation US.


    This episode of The Conversation Weekly was written and produced by Mend Mariwany with assistance from Katie Flood and Gemma Ware, Sound design was by Michelle Macklem, and theme music by Neeta Sarl.

    Clips in this episode from CNN, Bloomberg Television, BBC News, CBS News and NBC News.

    Listen to The Conversation Weekly via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here.

    Jostein Hauge 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. Why the US return to tariffs and protectionism ‘reeks of hypocrisy’ – podcast – https://theconversation.com/why-the-us-return-to-tariffs-and-protectionism-reeks-of-hypocrisy-podcast-250329

    MIL OSI – Global Reports

  • MIL-OSI China: Beijing’s Shunyi accelerates high-quality development

    Source: China State Council Information Office 2

    Shunyi district in northeastern Beijing is accelerating high-quality, internationalized development.
    With 15 indicators of high-quality development in place, the district aims for an economic output of over 330 billion yuan (US$45.32 billion) and a modern service industry worth 150 billion yuan, as well as an annual trade value exceeding 200 billion yuan in its Tianzhu comprehensive bonded zone, according to local officials.
    The district has been working to become a hub for international companies and resources, as demonstrated by its Beijing China-Germany Industrial Park.
    China’s only national-level park focusing on China-Germany economic and technological cooperation, the industrial compound has attracted 118 German-funded and affiliated enterprises since its establishment three years ago, including major brands like Mercedes-Benz, BMW, and Bosch. During this period, the park registered an annual industrial output exceeding 40 billion yuan. 
    With an innovative environment and thriving entrepreneurial ecosystem, the park has been an attractive landing spot for German companies looking to expand in China. 
    The park has also forged cooperation with more than 50 institutions, such as the European Economic Senate, and hosts forums and expos to foster international collaboration.
    In addition, it has introduced commercial facilities like German-style beer houses, cafes, and convenience stores selling German goods. It has also become a venue for events such as wine and beer festivals, football tournaments, and equestrian competitions organized by the resident companies.
    The district is also leading in cross-border pharmaceutical trade.
    According to officials, 10 rare disease drugs and clinically urgent medications have been approved in Beijing. These will be purchased globally and transported through the Tianzhu bonded zone to medical institutions in the city. Rare disease medications can now be cleared through customs once and used multiple times outside the zone, ensuring continuous availability for patients.
    Moreover, rare disease patients can receive top-tier diagnosis and treatment here.
    Last year, the total trade value of the Tianzhu zone reached 123.49 billion yuan, yuan, with pharmaceutical trade accounting for 106.93 billion yuan, marking a 6.39% increase.
    Cutting-edge industries are also flourishing in the district, which has introduced public rental housing to lure top talent.
    Cui Xiaohao, the district head, announced that by 2030, the total output value of its five high-end manufacturing industries — new-energy intelligent vehicles, aerospace, third-generation semiconductors, intelligent equipment, and medical and health industries — will exceed 300 billion yuan.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Way paved for reduced tunnel tolls

    Source: Hong Kong Information Services

    The Government today welcomed the passage of the Road Tunnels (Government) (Amendment) Bill 2024 by the Legislative Council.

    The bill lays the foundation for the Government’s takeover of Tai Lam Tunnel (TLT) and the implementation of new tolls at a suitably reduced level starting May 31, it explained.

    Secretary for Transport & Logistics Mable Chan said: “The new tolls, which are devised based on scientific and traffic data, will enable the flow of people and freight between the Northwest New Territories and the urban area. The new tolls are a comprehensive proposal that takes into account both public opinion and holistic policy considerations.”

    Under a time-varying toll, private cars will be charged between $18 and $45, while motorcycles will pay between $7.2 and $18.

    The toll for taxis will be at an all-day fixed rate of $28. Other commercial vehicles including goods vehicles and buses will be charged an all-day fixed toll of $43.

    The Government noted that the reduced tolls can ensure that the TLT remains smooth and its spare capacity is utilised to alleviate heavy traffic on Tuen Mun Road and Tolo Highway, while also ensuring smooth public transport services through the tunnel, thereby enabling the public’s commute.

    The updated toll scheme also adheres to the principles of “user-pay” and “cost-recovery”, while embodying the principle of “efficiency first” to attract commercial vehicles, it added.

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Fire Safety – Outdoor fires prohibited in Manawatū-Whanganui coastal areas

    Source: Fire and Emergency New Zealand

    Fire and Emergency New Zealand has declared a prohibited fire season in Manawatū-Whanganui’s coastal areas from 8am on Friday 21 February, until further notice.
    A prohibited fire season means no open-air fires are allowed and all fire permits are suspended.
    The coastal zone includes Whanganui city and eight coastal communities.
    Manawatū-Whanganui District Manager Nigel Dravitzki says the lack of rain, warm temperatures, and drying winds are set to continue, so outdoor fires are being prohibited as a safety precaution.
    “There might be some isolated rain, but the overall fire risk remains very high at the moment,” he says.
    “In these conditions, we often see fires from controlled burns escaping, and these can move fast and are hard to put out when it’s so dry.
    “We want to keep people, property and the environment safe while the fire risk is high.”
    Nigel Dravitzki is also asking people in Manawatū-Whanganui to take care with any heat- or spark-generating activities, such as using machinery or power tools, or parking vehicles on dry grass, especially on hot, windy days.
    “If you’re thinking about lighting a fire, go to checkitsalright.nz, which tells you what the restrictions are for your location, and provides safety guidance to stay safe,” he says.

    MIL OSI New Zealand News

  • MIL-Evening Report: A new play about Julian Assange, Truth is an intelligent, thoughtful and unsettling work

    Source: The Conversation (Au and NZ) – By Kate Hunter, Senior Lecturer in Art and Performance, Deakin University

    Pia Johnson/Malthouse Theatre

    Truth, the new play from writer-director pair Patricia Cornelius and Susie Dee, dives headfirst into the contentious world of Julian Assange. It offers us a nuanced portrait of the WikiLeaks founder who transformed from hacker wunderkind to global lightning rod.

    An apt celebration of the significant body of work from the acclaimed duo, Truth opens nearly 40 years after the pair created and performed their first collaboration, Lilly and May.

    Assange rose to global prominence by publishing classified documents that exposed government secrets and surveillance programs. He became both a celebrated whistleblower and a controversial figure in debates about transparency and national security.

    Truth unravels the threads of his story.

    Truth reveals the complex legacy of a man whose actions have both championed and challenged modern democracy.
    Pia Johnson/Malthouse Theatre

    A complex legacy

    The work is set in a spare, black-box space, characterised by Matilda Woodroofe’s bureaucratic brutalist design.

    A backdrop of hard mesh enclosures and scaffolded structures evokes a monotonous line of outdoor exercise yards or prison cells. This is flanked by colourless filing cabinets, 80s-style laminated brown desks and office chairs on wheels. A giant LED screen crowns the structure.

    The ensemble (Emily Havea, Tomàš Kantor, James O’Connell, Eva Rees and Eva Seymour) weaves together key moments in Assange’s life, revealing the complex legacy of a man whose actions have both championed and challenged modern democracy.

    Speaking in chorus at times, the actors perform multiple versions of Assange and other characters. They are journalists, whistleblowers, narrators, and include the key figures of Edward Snowden and Chelsea Manning.

    A terrific and youthful ensemble cast delivers sensitive and energised performances.
    Pia Johnson/Malthouse Theatre

    Characterised by Cornelius’ trademark rapid-fire dialogue, the text is tightly calibrated with smart, sparse, dry comments that, at times, comically undercut our Australian sensibilities. As one character says, “the worst thing to be in this country is too smart”.

    The ensemble is physically dynamic and vocally strong. They have a particular choreographic fluidity. A spaciousness and attention to timing allows each performance to land. This is a testament both to Dee’s sharp, contained direction, and a terrific and youthful ensemble cast who deliver sensitive and energised performances.

    From geek to advocate

    The play moves chronologically through Assange’s life. We begin with the rocky early years marked by the dissonance between his sharp intelligence and reputation as computer nerd. We witness his arrests for hacking. We follow his evolution from awkward geek to outspoken advocate for free speech.

    The play offers us a nuanced portrait of the WikiLeaks founder who transformed from hacker wunderkind to global lightning rod.
    Pia Johnson/Malthouse Theatre

    The play is grounded in comprehensive research, and solo moments featuring Snowden and Manning serve as poignant interludes to the fast-paced narrative of Assange’s life events.

    I am struck by the way the work unsettles my preconceptions. The small, stark image of a naked Private Manning in her isolated cell is particularly raw and affecting – but is juxtaposed on stage against Assange’s dubious behaviour towards two young women in Sweden.

    The show clips along, all the while unfolding a nuanced consideration of the complexities of reported narratives and the myriad ways in which journalistic narratives are influenced – and controlled.

    The delivery to the audience is largely direct-address. This risks becoming tedious, but Cornelius’ intelligent style and the ensemble’s strong performance carries through.

    The LED screen is used to great effect. The video design (Meri Blazevski) shifts through rainstorms of binary digits, to list of early Assange manifestos or leaked stories, to pixellated images of actors’ faces as teenage gamers.

    The work is set in a spare, black-box space, characterised by Matilda Woodroofe’s bureaucratic brutalist design.
    Pia Johnson/Malthouse Theatre

    In a long and shocking sequence, we witness drone footage from the Afghanistan war logs accompanied by the chillingly dispassionate commentary of the operators.

    Often, the screen becomes a surface for live video feeds which work to personalise or disembody characters, functioning variously as narrator, witness, and surveillance device. Transitions between closeups, documentation and stark data both drive and complicate the storytelling.

    Kelly Ryall’s composition and sound design – often paired with the pulsing or flashing giant texts on the screen – is a retro-electronic tapestry of victory chimes, synthetic bleeps and Pac Man pings. It is all underscored by deep digital tones and rapid analogue tapping of keyboards.

    A long artistic relationship

    This is an intelligent and thoughtful show that manages to be both complex and entertaining. The play is particularly salient given current global events, challenging us to consider the scale of what we’re up against, how long we should remain silent, and what power – if any – we have to effect change.

    In an era of heated debate about transparency and fake news, Truth emerges as a vital and edgy work in the capable hands of two highly respected theatre makers.

    The work is testament to the longevity of an artistic relationship between two older women that carries decades of embodied knowledge.

    Despite the persistent ageism in Australian theatre that often equates “urgency” exclusively with youth, this work reminds us older artists can and do challenge and disrupt – and bring a special and necessary currency to our cultural life.

    Truth is at Malthouse Theatre, Melbourne, until March 8.

    Kate Hunter 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. A new play about Julian Assange, Truth is an intelligent, thoughtful and unsettling work – https://theconversation.com/a-new-play-about-julian-assange-truth-is-an-intelligent-thoughtful-and-unsettling-work-247909

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Arrests – Driving offences – Greater Darwin Region

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has arrested two females and four males yesterday for driving under the influence of drugs.

    Darwin Traffic Operations members launched a road blitz yesterday targeting speeding in the Greater Darwin Region, resulting in six positive roadside drug tests during random traffic apprehensions.

    Two females, aged 40 and 41 years-old, and the four males aged 33, 37, 39, and 52 years-old, have had their drivers licences immediately suspended. Some of the offenders were issued with infringement notices and some have been summonsed to appear in court at a later date.

    Darwin Traffic Operations are also investigating a hooning incident that occurred on Saturday night. Police allege two vehicles took off at speed from traffic lights and were later observed on CCTV footage fishtailing along the road. One of the vehicles contained a 3-year-old child at the time of the incident.

    A 33-year-old male involved in this incident, will have his vehicle seized and will be summonsed to appear in the Darwin Local Court at a later date. He has been charged with participating in speed trials / races, drive vehicle cause loss of traction and dangerous driving.

    Superintendent Paul Wood said, “It is utterly disgraceful that these individuals have chosen to endanger the lives of our fellow Territorians. Not only were these motorists speeding, they also tested positive for drugs. This is a blatant disregard for public safety.”

    “Police will continue to remind all road users about the Fatal Five as they are critical factors that contribute to the tragic loss of life on our roads.”

    MIL OSI News

  • MIL-OSI USA: Senator Reverend Warnock’s Issues Statement for the Official Record on Nomination of Jamieson Greer to be USTR

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    Senator Reverend Warnock’s Issues Statement for the Official Record on Nomination of Jamieson Greer to be USTR

    Today, U.S. Senator Reverend Raphael Warnock (D-GA), issued the following statement on consideration of the Nomination of Jamieson Greer, of Maryland, to be United States Trade Representative, with the rank of Ambassador Extraordinary and Plenipotentiary.
    “I will vote against the nomination of Mr. Jamieson Greer to serve as the United States Trade Representative. Despite Mr. Greer’s qualifications, he would be responsible for implementing President Trump’s haphazard and reckless trade policies, which I believe are harmful to Georgia businesses, farmers, and families. I am particularly concerned that, instead of advising the President on trade, Mr. Greer would be forced to appease President Trump’s chaotic tariff impulses.”
    “President Trump has used the threat of tariffs on America’s closest allies and trading partners—including Mexico, Canada, and even the European Union—merely to advance partisan or political goals that have little to do with our economy. These actions risk increasing costs for Georgia families and threatening good-paying American jobs.”  
    “Should Mr. Greer be confirmed, as Ranking Member of the Senate Subcommittee on International Trade, Customs, and Global Competitiveness, I will work with him, holding him accountable when necessary, to fight for domestic manufacturing in critical sectors like clean energy and electric vehicles, which are leading Georgia’s economic growth and reducing our dependence on China; to identify new international market access opportunities for Georgia’s farmers and small businesses, while protecting them from harmful trade wars; and to lower costs for hard-working families.”

    MIL OSI USA News

  • MIL-OSI Australia: Sky News Regional Breakfast

    Source: Australian Ministers 1

    ORTENZIA BORRE: The Regional Aviation Association of Australia is asking the government to consider regional airline operators during the sale process. Regional airlines, which are competitors to Rex, including Sharp Airlines, are concerned about the proposal where the government purchases Rex. Regional Aviation Association Chief Executive, Rob Walker says Rex has competition on 21 of its 46 routes, claiming the number of operators will reduce further if the government is subsidising the airline. And joining me live now on this and more is Regional Development Minister, Kristy McBain. Kristy, thank you for your time this morning. Now, do you share the same concern about the government stepping in to purchase the airline as the regional aviation Association does? 

    KRISTY MCBAIN: What is really important is you’ve got a government that backs regional aviation. What we’ve said from day one is that we want to see the administration process go through in its entirety. What we want to see is a private buyer come through. We’ve made sure that there are incentives in place for that to take place, including the fact that the use it or lose it process for Sydney airport slots doesn’t automatically go into recession. We’ve extended that out to 2026. Those are the things that are important to buyers. What we’ve said is we would be a buyer of last resort. We’re not stepping in now. We’re not substituting the administration process. It’s still got a way to run, and the administrator is keen to work with the private market on it. 

    BORRE: Now, ASIO boss Mike Burgess has revealed there have been multiple attempts by foreign countries to harm Australians, and that the rest of the decade could be even more dangerous. So what does the Albanese Government need to do now before the election to ensure our safety? 

    MCBAIN: What we say consistently is that we have confidence in our security and intelligence agencies. They do a fabulous job. As Mike Burgess has outlined, they’re doing this all whilst keeping Australians safe. Once a year he gives a speech about the things that are happening across our nation and across the world. Without that, Australians would be none the wiser that these things are taking place in the background. We continue to provide all the resources that our security and intelligence agencies need to do their job and keep Australians safe. What we want to make really clear is that we consider it a form of abuse for anyone to harass us, and we continually monitoring this. Harassment of Australians, individuals or businesses is not on. We have full faith that our security agencies will take the appropriate steps they need to. 

    BORRE: Now you’re in Goulburn today as part of the $100 million Community Energy Upgrades Fund. Today, $50 million will be delivered to about 58 local governments in grants for energy upgrades. Talk us through this initiative and how it’s going to benefit Australians. 

    MCBAIN: The Community Energy Upgrade Fund is something that councils have been calling for across the country. They want some help to lower the fixed costs that they have, which in turn helps lower rates for individuals across the country. We’ve supported councils from Geelong in Victoria to Aurukun in Queensland, to the Shire of Flinders Ranges in South Australia. Projects like making community pools fully electric, making sure that there are solar panels and batteries on community libraries, fast car charging stations across our communities to encourage more people to come and visit, or to be able to use electric cars within our community. A really important fund, delivering some cost savings for councils across the country. Round two will be open very soon and we encourage councils to continue to put forward their projects and apply to this fund. 

    BORRE: Kristy McBain, always a pleasure. Thank you for your time this morning. 

    MCBAIN: Good to be with you.

    MIL OSI News

  • MIL-OSI China: China’s passenger car industry sees stable growth in January

    Source: China State Council Information Office

    Visitors learn about a car at the 20th China (Changsha) International Automobile Exposition in Changsha, central China’s Hunan Province, Dec. 4, 2024. [Photo/Xinhua]

    China’s passenger car industry maintained steady growth in both output and sales in January, industry data showed on Wednesday.

    Last month, the passenger car output logged a year-on-year increase of 3.3 percent to stand at 2.15 million units, while its sales ticked up 0.8 percent to 2.13 million units, according to the China Association of Automobile Manufacturers.

    In a breakdown, multi-purpose vehicles rose by double digits from the same period last year in both output and sales, while output of sports utility vehicles saw a marginal growth.

    Exports of passenger cars soared by 7 percent year on year to reach 395,000 units during the same period, while its domestic sales dipped by 0.5 percent year on year, the association said. 

    MIL OSI China News

  • MIL-OSI New Zealand: Further night closures planned for SH1 between Johnsonville and Tawa for resurfacing works

    Source: New Zealand Transport Agency

    People travelling on State Highway 1 between Johnsonville and Tawa need to prepare for night-time closures from this Sunday, 23 February for resurfacing works.

    While originally scheduled for this week have, these works have been delayed due to rain. It means extra time is needed to complete the works on this section of the highway.

    Weather permitting, night works are planned from Sunday, 23 February until Thursday, 27 February. It will affect the highway’s northbound lanes, as well as the Takapu Road on and offramps.

    Crews will be resurfacing northbound lanes north of Johnsonville as well as the Tawa/Glenside onramp.

    Local road detours will be available via Johnsonville and Glenside along Middleton Road.

    Every effort is being made to reduce the impact of the work on the public. It is being done at night when fewer vehicles on the road. Closing the northbound lanes allows the project to be completed quicker with lower traffic management costs. It is also safer for road workers and the public.

    Drivers can expect resurfacing work on the highway to continue during March between Newlands and Tawa. An update will be provided once its timing is confirmed.

    This work on State Highway 1 is a key part of wellington’s state highway summer maintenance programme.

    On an average, more than 30,000 vehicles use the northbound lanes on State Highway 1 between Ngauranga and Porirua every day. This is why regular resurfacing and road maintenance is essential – it improves the road’s surface, making it more resilient and safer for drivers.

    Work schedule and detour maps:

    Sunday, 23 February, Monday, 24 February and Tuesday, 25 February. 9 pm – 4.30 am

    Northbound road closure between Johnsonville and Glenside. Vehicles will need to follow the detour using Johnsonville off-ramp and Glenside on-ramp

    Wednesday, 26 February. 9 pm – 4.30 am

    Northbound road closure between Glenside and Tawa. Vehicles will need to follow detour using Glenside off-ramp and Takapu road on-ramp.

    Thursday, 27 February. 9 pm – 4.30 am

    Tawa/Grenada onramp CLOSED

    MIL OSI New Zealand News

  • MIL-OSI USA News: 80th Anniversary of the Battle of Iwo Jima

    Source: The White House

    class=”has-text-align-center”>By the President of the United States of America

    A Proclamation

    On the morning of February 19, 1945, the first wave of United States Marines landed on the island of Iwo Jima — commencing 36 long, perilous days of gruesome warfare, and one of the most consequential campaigns of the Second World War.  With ruthless fervor, the Japanese struck our forces with mortars, heavy artillery, and a steady barrage of small arms fire, but they could not shake the spirit of the Marines, and American forces did not retreat.

    Five days into the conflict, six Marines ascended the island’s highest peak and hoisted Old Glory into the summit of Mount Suribachi — a triumphant moment that has stood the test of time as a lasting symbol of the grit, resolve, and unflinching courage of Marines and all of those who serve our Nation in uniform.

    After five weeks of unrelenting warfare, the island was declared secure, and our victory advanced America’s cause in the Pacific Theater — but at a staggering cost.  Of the 70,000 men assembled for the campaign, nearly 7,000 Marines and Sailors died, and 20,000 more were wounded.

    The battle was defined by massive casualties, but also acts of gallantry — 27 Marines and Sailors received the Medal of Honor for their valor during Iwo Jima.  No other single battle in our Nation’s history bears this distinction.  Eighty years later, we proudly continue to honor their heroism.

    American liberty was secured, in part, by young men who stormed the black sand shores of Iwo Jima and defeated the Japanese Imperial Army eight decades ago.  In spite of a brutal war, the United States–Japan Alliance represents the cornerstone of peace and prosperity in the Indo-Pacific.

    Nonetheless, our victory at Iwo Jima stands as a legendary display of American might and an eternal testament to the unending love, nobility, and fortitude of America’s Greatest Generation.  To every Patriot who selflessly rose to the occasion, left behind his family and his home, and gallantly shed his blood for freedom on the battlefields at Iwo Jima, we vow to never forget your intrepid devotion — and we pledge to build a country, a culture, and a future worthy of your sacrifice.

    NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim February 19, 2025, as the 80th Anniversary of the Battle of Iwo Jima.  I encourage all Americans to remember the selfless patriots of the Greatest Generation.

         IN WITNESS WHEREOF, I have hereunto set my hand this nineteenth day of February, in the year of our Lord two thousand twenty-five, and of the Independence of the United States of America the two hundred and forty-ninth.

    MIL OSI USA News

  • MIL-OSI Australia: Solar Pools and Libraries with First $50 million for bill busting upgrades

    Source: Australian Ministers for Infrastructure and Transport

    Batteries to soak up excess solar at a council childcare centre, solar panels to cut bills for the local library and the community pool going all-electric are just some of the projects the Albanese Government is backing with its $100 million Community Energy Upgrades Fund (CEUF).

    Today 58 local government bodies around the nation will get on with bringing down their energy bills for good, with $50 million in grants for energy upgrades going out the door.

    Whether it’s the neighbourhood sports club, the community hall, the local pool or library, local government brings us together and keeps us thriving. Each year 8 million people use community sporting infrastructure, including local councils. Now the Albanese Government is working with councils, so they can save on their bills and invest more into their communities.

    One-off grants of between $25,000 to $2.5 million have been awarded through the merit-based program, with local government providing at least 50 per cent of project costs.

    Successful funding applications include 31 upgrades to local aquatic centres and five grants for smart electric vehicle charging infrastructure for local government vehicles.

    In Melbourne, Collingwood Leisure Centre will go electric, with its air, pool and hot water system using 100% renewable energy and storage.

    In Western Sydney, council-owned early learning centres will free up funding to invest more into our next generation by cutting bills with batteries that soak up excess solar to be used across their own and other community buildings. While in Broken Hill they’ll unlock their sunny skies with the council installing solar panels over the car park and replacing gas heating with electric heat pumps.

    Meanwhile in Darwin, the Casuarina Library will be cooler this summer with an energy upgrade, while further upgrades to Parap Pool and West Lane carpark will see the council save $83,500 a year.

    In Tasmania, a local council will ensure people keep on moving, installing smart electric vehicle chargers and dynamic load management to support electrification and decarbonisation of its vehicle fleet.

    The highly popular Albanese Labor Government initiative saw Round 1 oversubscribed, with 165 applications overall for the first $50 million package of funding. Round 2 is expected to open shortly, with unsuccessful applicants from round 1 warmly encouraged to reapply.

    Quotes attributable to Minister for Climate Change and Energy Chris Bowen:

    “Local councils run many of the sport and public facilities that keep our communities and clubs thriving. We want facilities that Australians know and love, like cricket grounds and local pools, to be able to save on their energy bills and spend more on the things they do best.

     “The Albanese Government is not just providing short term relief on power bills, with our Community Energy Upgrades Fund and Energy Savings Package, we’re helping communities bring down bills for good.”

     Quotes attributable to Minister for Local Government Kristy McBain:

     “We’ve heard loud and clear from councils about the need to upgrade ageing facilities with more energy-efficient technology, to bring down their overheads and to lower their emissions – which is exactly why we launched the Community Energy Upgrades Fund.

     “We now have transparent grant programs that every postcode can apply for, we’ve delivered record funding increases for local roads, and we’ve brought local councils back to the table as a trusted delivery partner after a decade of neglect – with this program a real testament to what we can achieve for our communities when we work together.”

    Quotes attributable to Assistant Minister for Climate Change and Energy Josh Wilson:

     “The Albanese government is investing in energy efficiency measures for community facilities because it has a triple-whammy effect of cutting emissions, cutting running costs, and allowing those savings to be used for other local services.

     “These projects are helping to deliver a cheaper, cleaner energy future for Australians.”

    BACKGROUND: 

    STATE SUCCESSFUL COUNCILS TOTAL GRANT FUNDING
    NSW

    17

    Blue Mountains City Council, Campbelltown City Council, Coolamon Shire Council, Council of the City of Broken Hill, Cowra Shire Council, Dubbo Regional Council, Inner West Council, Junee Shire Council, Ku-Ring-Gai Council, Leeton Shire Council, Lockhart Shire Council, Mid-Western Regional Council, Northern Beaches Council, Parkes Shire Council, Port Macquarie Hastings Council, Wagga Wagga City Council, Wingecarribee Shire Council,

    $15.3 million
    VICTORIA

    15

    Ballarat City Council, Banyule City Council, Cardinia Shire Council, City of Maribyrnong, Colac Otway Shire, Corangamite Shire Council, Glen Eira City Council, Mansfield Shire Council, Melbourne City Council, Merri-Bek City Council, Mildura Rural City Council, Surf Coast Shire, Wyndham City Council, Yarra City Council, Yarra Ranges Shire Council

    $23.9 million
    QUEENSLAND 7
    Aurukun Shire Council, Brisbane City Council, Cassowary Coast Regional Council, Mackay Regional Council, Maranoa Regional Council, Murweh Shire Council, Paroo Shire Council
    $4.5 million
    SOUTH AUSTRALIA

    7

    Barunga West Council, City of West Torrens, Corporation of the City of Unley, District Council of Loxton Waikerie, Rural City of Murray Bridge, The Barossa Council, The Flinders Rangers Council,

    $2.3 million
    WESTERN AUSTRALIA

    5

    City of Armadale, City of Melville, City of Swan, Town of East Fremantle, Town of Port Hedland

    $2.8 million
    TASMANIA 5
    Brighton Council, Clarence City Council, Devonport City Council,  Huon Valley Council, Launceston City Council,
    $674,011
    NORTHERN TERRITORY 2
    Central Desert Regional Council, City Darwin
    $580,528

    Note: This media release was originally published by the Climate and Energy portfolio: Solar pools and libraries with first $50 million for bill busting upgrades (https://minister.dcceew.gov.au)

    MIL OSI News