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MIL-OSI Economics: Identity fraud: BaFin warns consumers about the company Interactive Assets

Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

The Federal Financial Supervisory Authority (BaFin) warns consumers about the company Interactive Assets and the services it is offering. BaFin suspects the unknown operators of the website interactiveassets.pro of offering consumers financial, investment and cryptoasset services without the required authorisation.

The unknown operators are contacting consumers, claiming that their offer is from Baden-Württembergische Wertpapierbörse GmbH or Börse Stuttgart GmbH. In addition, when advertising its services, the company claims to be supervised by BaFin. However, none of this information is correct. This is a case of identity fraud. Moreover, BaFin does not supervise Interactive Assets.

BaFin is issuing this information on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomaerkteaufsichtsgesetz).

Please be aware:

BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

MIL OSI Economics –

January 28, 2025
MIL-OSI Africa: Lighting Up Africa: The Transformative Power of Mission 300 (By Kevin Kariuki)

Source: Africa Press Organisation – English (2) – Report:

ABIDJAN, Ivory Coast, January 27, 2025/APO Group/ —

By Kevin Kariuki, Vice President for Power, Energy, Climate, and Green Growth at the African Development Bank Group (www.AfDB.org/en)

Across Africa, nearly 600 million people live in energy poverty, deprived of reliable access to electricity—a fundamental prerequisite for modern life. This staggering statistic represents more than just a lack of power. Significantly, it translates to limited opportunities for education, healthcare, gender equality, and economic growth. Mission 300, a bold initiative championed by the African Development Bank Group and the World Bank Group in collaboration with key partners, seeks to change this narrative by providing first time electricity access to 300 million Africans by 2030. A key milestone in this effort, branded Mission 300, is the Africa Energy Summit scheduled for Dar es Salaam, 27/28 January 2025.

The Significance of Energy Access

Energy is the engine of development. Without affordable, reliable, and sustainable electricity, Africa cannot achieve its developmental aspirations or secure its rightful place in the global economy. Energy access is the cornerstone of economic transformation, opening doors to education, healthcare, and income generation. Moreover, it fosters gender equality by reducing the time women spend on labour and time-intensive tasks such as cooking with traditional fuels or collecting for firewood. Mission 300’s success is therefore not just about electrification; it is about saving and empowering lives as well as communities. It is also about reducing greenhouse gas emissions and safeguarding biodiversity.

Yet, the path ahead is daunting. At the current pace of electrification, coupled with Africa’s rapid population growth, the number of people living without access to electricity could remain largely unchanged. Action is therefore an imperative, and Mission 300 provides the roadmap to achieve universal energy access by 2030, consistent with the United Nations’ Sustainable Development Goal 7 and the African Union’s Agenda 2063.

The Role of Mission 300

Mission 300 will invest in new and rehabilitation of generation capacity, transmission systems, including intra- and regional interconnections, as well as distribution grids to build robust and reliable power systems. It will be complemented by reforms in the energy sector to ensure affordability and sustainability of electricity service, and financially viable utilities while partnerships with the private sector will assist in mobilizing funding at the required speed and scale

In addition to providing electricity access from interconnected power systems, through Mission 300’s transformative vision, mini-grids, and stand-alone solar home systems will be prioritized to provide electricity to underserved regions and communities, including in fragile and remote areas where extending the interconnected grid is impracticable. These Distributed Renewable Energy (DRE) solutions are amenable to easy and speedy roll-out, cost-effective, modular, sustainable, and can ensure that no community is left behind in the Mission 300 journey. DRE solutions are projected to account for more that 50% of new connections by 2030.

A Defining Moment: The Africa Energy Summit

The upcoming Africa Energy Summit in Dar es Salaam will be a pivotal moment in Mission 300 journey. Hosted by the Government of the United Republic of Tanzania, the African Union, the African Development Bank Group, the World Bank Group, as well as the African Union, the summit will bring together over 25 Heads of State and Governments, Heads of international Organisation, including Banks, energy experts, and private sector leaders to forge a common path toward universal energy access.

The principal outcomes of the summit comprise of the adoption of the Dar es Salaam Energy Declaration by the entire continent and twelve country energy compacts co-created between countries and the Mission 300 partners. The Dar es Salaam Energy Declaration will outline commitments to reforms and actions necessary to achieve Mission 300 while twelve country energy compacts, will expound on the principles of the Dar es Salaam Energy Declaration to establish tangible country specific actions and measures for accelerated electricity access such as least-cost power expansion plans, providing last-mile access through grid and distributed renewables, building financially viable energy systems, regional interconnection and promotion of private sector participation in the energy sector. The twelve countries that will submit energy compacts account for almost half of the global population without access to electricity.

Another important outcome will be the enlisting of additional partners to the Mission 300 bus. Several partners are expected to announce additional financial resources and technical assistance in furtherance of the Mission 300 goal.

Why Now?

Firstly, is the unity of purpose and visionary leadership of African Development Bank Group and the World Bank Group Presidents that has led to the forging of a structured approach to definitively address the electricity deficit problem in Africa, in collaboration with other development partners.

Secondly, the continent is blessed with abundant energy resources, including renewable energy, such as 60% of the world’s best solar potential, of which only a tiny proportion has been harnessed.

Thirdly the cost of renewable energy technology, particularly wind and solar, has reduced dramatically in the recent past making electricity generation from these sources cost competitive compared to sources of conventional power. Moreover, access to information communication technology, and digitization thereof, currently enables payment platforms that support distributed renewable energy solution.

When combined, the foregoing provides unprecedented opportunities for addressing the continent’s energy access deficit while also espousing a low-carbon growth trajectory, to support Africa’s climate goals.

A Call to Action

Mission 300 is more than an energy initiative; it is a moral imperative. It represents a collective commitment to uplift millions from poverty, foster inclusive economic growth, and create a resilient, green future. But its success hinges on robust support from all stakeholders—governments, development partners, the private sector, and civil society. Together, we must prioritize reforms, mobilize investments, and leverage partnerships to transform Africa’s energy landscape.

Let us seize this defining moment. The Africa Energy Summit must not just a platform for discussion on energy. It must constitute a watershed moment for energy access in Africa. Let us therefore work to actualize Mission 300 and literally light up the lives of millions, thereby creating lasting change that will evoke enormous pride on future generations.

In conclusion, “the road ahead may be challenging, but it is also filled with opportunity. With determination, innovation, and collaboration, we can achieve universal energy access in Africa. This is our moment to make history.”

MIL OSI Africa –

January 28, 2025
MIL-OSI Africa: Mission 300 Energy Summit to Gather Africa’s Leaders and Partners to Transform Energy Sector

Source: Africa Press Organisation – English (2) – Report:

DAR ES SALAAM, Tanzania, January 27, 2025/APO Group/ —

African heads of state, business leaders, and development partners will converge tomorrow in Dar es Salaam, Tanzania, for the Mission 300 Africa Energy Summit where they will commit to ambitious reforms and actions to expand access to reliable, affordable, and sustainable electricity to 300 million people in Africa by 2030.

Mission 300 is an unprecedented collaboration between the African Development Bank, the World Bank Group, and global partners to address Africa’s electricity access gap using new technology and innovative financing. Nearly 600 million Africans lack electricity, which is crucial for development and job creation.

Several heads of state and government from Africa will join more than 1,000 other participants—with strong representation from the private sector—at the January 27-28 summit. Together, they will chart Africa’s course toward universal access to energy.

This week’s summit is expected to yield two significant outcomes: the Dar es Salaam Energy Declaration, outlining commitments and practical actions from African governments to reform the energy sector, and the first set of National Energy Compacts, which will serve as blueprints with country-specific targets and timelines for implementation of critical reforms.

In the first phase, 12 countries will present their energy compacts: Chad, Côte d’Ivoire, the Democratic Republic of Congo, Liberia, Madagascar, Malawi, Mauritania, Niger, Nigeria, Senegal, Tanzania, and Zambia. Other African countries are expected to develop their compacts in subsequent phases.

The partnerships forged and commitments made by the continent’s leaders and changemakers gathering in Dar es Salaam this week will shape the continent’s journey toward achieving universal energy access, transforming millions of lives, and driving sustainable development and job creation.

MIL OSI Africa –

January 28, 2025
MIL-OSI United Kingdom: Attorney General’s Civil Panel Counsel, London applications open
Source: United Kingdom – Executive Government & Departments

The competition to refresh the London A, B and C panels is open until Wednesday 5 March
Lady Justice

The Attorney General is seeking to appoint new members to three civil panels of junior counsel, the London A, B and C panels, to undertake civil work for government departments.

Membership of the London panels is open to both barristers and solicitors with the appropriate qualifications.

Join the Panel Counsel information evening (PDF, 191 KB, 1 page) on Monday 3 February, 5pm at 102 Petty France. This is an opportunity to hear from a current panel member and discuss the work on offer with government lawyers. Please let the Panel Counsel Secretariat know if you are attending by Friday 30 January.

London A Panel

Members of this panel deal with the most complex government cases Those previously appointed to the A panel have generally had in excess of 10 years’ advocacy experience.

London B Panel

Members will generally be instructed where knowledge and experience of a particular field is required. Those previously appointed to the B panel have generally had between 5 and 10 years’ advocacy experience.

London C Panel

Members of this panel will be expected to have at least two years’ experience in actual practice from the end of 2nd six months’ pupillage for barristers or the end of training contract for solicitors.

In choosing which of the panels to apply to, candidates will want to make a careful decision based on which best suits their level of expertise and experience. Appointments will be for five years.

The Attorney General is looking for applicants with experience in general public, commercial and administrative law, and in employment or personal injury. For the 2025 exercise, the Attorney General is also looking to deepen the capacity of the panels by appointing specialists in a variety of additional areas. Please see our ‘Information for candidates’.

The Attorney General is also looking to appoint applicants capable of advising departments on the interface of public and commercial law issues, and where criminal or regulatory issues arise in public law cases.

Application

Read the Information for candidates (PDF, 156 KB, 5 pages), refer to the FAQs (PDF, 181 KB, 7 pages) or contact the Panel Counsel Secretariat.

Register your interest with the Panel Counsel Secretariat who will issue you with a full application pack.

Completed applications must be submitted by noon on Wednesday 5 March 2025

If you have any queries, please feel free to raise them in the first instance with the Panel Counsel Secretariat.

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Published 27 January 2025
MIL OSI United Kingdom –
January 28, 2025
MIL-OSI United Kingdom: Ed Davey marks Holocaust Memorial Day 2025

Source: Liberal Democrats UK

Liberal Democrats stand with the British Jewish community and will always fight to ensure that everyone can feel safe in their communities. Whether that’s calling on the government to support cross-community work, or pushing for the funding needed to secure the right protective security measures.

A few months ago, we marked with great sorrow the passing of Lily Ebert, who was deported to Auschwitz when she was 20. She was truly inspirational – giving hope to so many after enduring such unspeakable horror.

Lily wrote about a banknote, given to her by an American soldier after the liberation. He’d written on it “A start to a new life. Good luck and happiness”.

She wrote “This was something I knew I’d keep forever, a reminder, after all the cruelty we’d endured, that people could be compassionate. There was some hope and humanity left in the world.”

We must remember that too, and live up to the positive vision Lily could see, even after so much darkness.

MIL OSI United Kingdom –

January 28, 2025
MIL-OSI Europe: VATICAN – Pope Francis: The Word of God always amazes us and calls us to be witnesses of the Gospel

Source: Agenzia Fides – MIL OSI

Sunday, 26 January 2025

Vatican Media

Vatican City (Agenzia Fides) – “The salvation Jesus bestows on us is not yet fully realized. We know this. Yet wars, injustice, pain and death will not have the final word. The Gospel never disappoints”.In St. Peter’s Basilica in the Vatican, Pope Francis presided over the Holy Mass on the occasion of the VI Sunday of the Word of God, established in 2019 by the Pontiff himself. The Celebration also marked the conclusion of the three-day event dedicated to the Jubilee of the world of Communication.When we hear the Gospel, the words of God, the Pope suggested, “it is not simply a matter of listening to or understanding them, no. They must reach our hearts and bring about what I said, “amazement”. The word of God always amazes us; it always renews us. It enters our hearts and always renews us”. In fact, “the whole Bible speaks of Christ and his work, which the Spirit makes present and active in our lives and in history. When we read the Scriptures, when we pray and study them, we do not simply receive information about God; we receive his Spirit, who reminds us of all that Jesus said and did. In this way, our hearts, inflamed by faith, wait in hope for the coming of God”.“Let us respond with ardor to the joyful announcement of Christ! The Lord, in fact, did not speak to us as silent listeners, but as witnesses, calling us to evangelize at all times and in all places”, concluded the Pope who then conferred the ministry of Lector to forty lay men and women, from various nations: 4 from Albania, 3 from Argentina, 5 from Austria, 1 from Bolivia, 4 from Brazil, 5 from the Philippines, 1 from Iceland, 6 from Italy, 5 from Mexico, 1 from Poland, 5 from Slovenia.According to the rite, each of them received a copy of the Nova Vulgata Bible: “We are grateful to them and we pray for them. We are all praying for you. Let us commit ourselves to bringing the good news to the poor, proclaiming release to captives and recovery of sight to the blind, letting the oppressed go free and announcing the year of the Lord’s favour”.After the celebration, the Pontiff appeared in St. Peter’s Square for the Angelus prayer. And on the eve of the International Day of Commemoration in memory of the victims of the Holocaust, which this year coincides with the 80th anniversary of the liberation of the Auschwitz concentration camp, Pope Francis recalled the horrors of the Shoah, during which “many Christians also died, including numerous martyrs. The horror of the extermination of millions of Jews and people of other faiths during those years can neither be forgotten nor denied”.The Pontiff then turned his thoughts to the ongoing conflict in Sudan, which “is causing the most serious humanitarian crisis in the world, with dramatic consequences in South Sudan too. I am close to the peoples of both countries and I invite them to fraternity, solidarity, to avoid any kind of violence and not to allow themselves to be exploited. I renew my appeal to those who are at war in Sudan for them to put an end to hostilities and to agree to sit at the negotiating table. I urge the international community to do all it can to get the necessary humanitarian aid to the displaced people and to help the belligerents find paths to peace soon”.The Pope also drew attention to the situation in Colombia, in particular in the Catatumbo region, “where clashes between armed groups have claimed many civilian lives and displaced more than thirty thousand people. I express my closeness to them and pray for them”, added the Bishop of Rome, who did not forget that today is World Leprosy Day: “I encourage all those who work on behalf of those afflicted by this disease to continue their efforts, also helping those who heal to be reintegrated into society. May they not be marginalized!” (F.B.) (Agenzia Fides, 26/1/2025)
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MIL OSI Europe News –

January 28, 2025
MIL-OSI Europe: EUROPE/ITALY – The testimony of Roseline Hamel at the ‘Jubilee of the world of Communication’: “forgiveness is a force for peace and hope”

Source: Agenzia Fides – MIL OSI

by Pascale RizkRome (Agenzia Fides) – In a “world that is falling apart everywhere”, where many end up surrendering to evil even “for convenience”, there are also men and women of faith and good will who live and bear witness to “good and love above all”. And it is always worth being amazed by their stories, and telling them.These are words of humanity and hope that Roseline Hamel – sister of Father Jacques Hamel, the priest slaughtered in Normandy on 26 July 2016 by two young men addicted to Islamist propaganda – spoke on Saturday afternoon (January 25) in the Roman church of San Luigi dei Francesi during her speech at the event organised on the initiative of the “Fédération des Médias Catholiques” as part of the “Jubilee of Communication” celebrated in Rome over the weekend.Roseline Hamel, 84, who came to the meeting in a wheelchair, has herself become a tireless witness to what has happened in her life since the death of her brother, murdered in front of the altar of their church in the parish of Saint Etienne du Rouvray, near Rouen. With a radiant face and a calm, firm voice, Roseline left her house in Armentières for the third time this January to commemorate her brother, killed by those who mocked the name of God with their expressions of hatred.A few weeks after her brother’s death, Roseline had to undergo emergency surgery: she had become ill from the terrible pain. Then she set out to find the person who – she thought – could feel a similar pain to her own: the mother of Adel Kermiche, one of the two murderers. From that moment on, a story of healing and friendship began between the two women that has overcome all distances and differences. A story that Roseline tells whenever possible. “Father Jacques,” said the woman in a white blouse and scarf in the Roman church of San Luigi dei Francesi, “had begun interreligious dialogue with the Muslim community six years before his murder. To understand each other, we must know each other, and to know each other, we must talk to each other, despite the differences that can intimidate us. Only by facing them and their differences will we not be afraid of others. By sharing our joys and sorrows, not to unite us, but above all to understand each other. We are all human.””This is how Roseline Hamel was able to rediscover humanity in the overwhelming, powerful event of her brother’s murder during Mass,” stressed Samuel Lieven, editor of the weekly newspaper ‘le Pélerin’, who was also present at the meeting. Roseline had also been in Rome last year to meet Pope Francis for the third time. She had given him a homily by Father Jacques on the occasion of the awarding of the Father Jacques Hamel Prize for Interreligious Dialogue, established in 2017, which is awarded for “edifying testimonies that never ignore the incredible suffering, and the pain, and the desire that asks for grace to overcome them”, explained Philippine de Saint-Pierre, general director of the Catholic television station KTO. Philippe Lansac, general director of the Catholic radio station RCF, also spoke at the meeting, which was dedicated to the theme “How can Catholic media be builders of peace?” In her speech, Roseline Hamel recalled the urgency of “provoking” dialogue “by moving towards the unknown, towards the different,” recognizing that “we are all children of God, and therefore we are all brothers, children of the same Father.”The memory of Father Jacques Hamel, concluded Sister Roseline, , is also “the memory of his life lived in faith in Christ until the end, and testifies that in France and throughout the world, forgiveness is a force of peace and hope”.After an announcement on Good Friday, April 13, 2017, the diocesan phase of the beatification process was officially opened on May 20, 2017 and concluded last March 9 with the final session in the church of Notre Dame de l’Annonciation in the Archdiocese of Rouen (see Fides 12/03/2019). During this phase, 66 hearings were held, during which the five eyewitnesses to the murder were heard, 51 other witnesses were summoned (including family members of Father Hamel, friends, parishioners, priests …) and 5 ex officio witnesses. The main questions concerned the murder, the circumstances of the martyrdom under investigation, the life of Father Hamel and how he lived the Christian virtues, as well as his reputation for holiness and the events of grace attributed to his intercession. (Agenzia Fides, 26/1/2025)
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MIL OSI Europe News –

January 28, 2025
MIL-OSI Video: ‘You Are Not Forgotten’: President Trump Delivers on North Carolina Recovery

Source: United States of America – The White House (video statements)

On January 24, 2025, President Trump and First Lady Melania visited North Carolina to assess hurricane recovery efforts, meet with officials and first responders, and pledge federal support for rebuilding initiatives.

https://www.youtube.com/watch?v=0KnVL_kOLpM

MIL OSI Video –

January 28, 2025
MIL-OSI United Kingdom: New grants boost community inclusion and accessible travel in Portsmouth
Source: City of Portsmouth

New funding opportunities are available for organisations across Portsmouth looking to make a positive impact on the community.

Portsmouth City Council has announced two new schemes, both offering four-figure sums to promote inclusion within the city.

The Easy Travel Access Fund is offering grants of up to £5,000 for projects that help people and groups overcome any difficulties they may have using buses. It aims to connect people to important services, encourage greener travel and make public transport more accessible across the city.

Alongside this new Community Inclusion Grants are available to support projects challenging inequality and celebrating diversity and inclusion in Portsmouth. Voluntary and community groups can apply for up to £1,000 to fund work that helps create a more inclusive city where everyone feels welcome and has equal opportunities.

These latest rounds of funding build on the previous successes of both schemes with more than £140,000 awarded to good causes in the last three years.

HIVE Portsmouth is offering support with applications for any voluntary and community groups who would like guidance on the process in applying for a Community Inclusion Grant.

Cllr Steve Pitt, Leader of Portsmouth City Council, said: “For many organisations in Portsmouth a little bit of funding can make a huge difference and it is fantastic news that we’ve been able to bring both of these grant schemes back to support communities across our city. We’ve already helped a lot of people through these grants and I’d encourage anyone with a suitable project to get in touch.”
1. Easy Travel Access Fund – grants of up to £5,000 
  The Easy Travel Access Fund is back for its second round of funding, offering grants of up to £5,000 for projects that help underserved communities access bus travel. The fund aims to connect people to important services, encourage greener travel, and make public transport more accessible across the city. 
This funding can be used to: 
- Purchase bus tickets 
- Offer travel training 
- Run projects that encourage the use of public transport 
The Easy Travel Access Fund is part of the Portsmouth Bus Service Improvement Plan (BSIP), a £48 million initiative to improve bus services and make them more affordable and sustainable. 

Businesses, charities, schools, and community groups are invited to apply for this funding.  

Learn more and apply at: travel.portsmouth.gov.uk/bsip-schemes/easy-travel-access-fund
1. Community Inclusion Grant – grants of up to £1000 
  The Community Inclusion Grant scheme is offering £30,000 to support projects that advance equity, challenge inequality, and celebrate diversity in Portsmouth. Voluntary and community groups can apply for up to £1,000 to fund initiatives that create a more inclusive city where everyone feels welcome and has equal opportunities. 
Eligible projects could focus on: 
- Making facilities more accessible 
- Attracting a wider and more diverse audience 
- Supporting disadvantaged or underrepresented groups 
For more information, please contact: 
• Email e.d.i@portsmouthcc.gov.uk or call 02392 688419
• Apply with support from HIVE Portsmouth grants@hiveportsmouth.org.uk  
• Learn more at: www.portsmouth.gov.uk/CIG 
MIL OSI United Kingdom –
January 28, 2025
MIL-OSI USA: Sustainable Plant and Soil Systems Major Becomes Plant Science in 2025

Source: US State of Connecticut

The sustainable plant and soil systems major offered by the College of Agriculture, Health and Natural Resources (CAHNR) will be renamed “plant science” beginning in the summer 2025 semester.

This change comes after an in-depth market analysis of employment opportunities, benchmarking against other universities and programs across the nation, and a survey of students, faculty, and staff in the Department of Plant Science and Landscape Architecture. These activities indicated a desire for a major name that was more aligned with industry needs and for better understanding by prospective students.

“There are a variety of career options when graduating with a degree in plant science,” says Sydney Everhart, department head. “Both the name and program were thoughtfully redesigned to enhance recognition of the degree by employers, prospective students, and those who might consider national rankings. This is an exciting time to be considering coming to UConn for plant science.”

A cornerstone of the plant science program is the opportunity to gain practical, hands-on experience through courses with labs, field studies, and internships. The degree prepares students to tackle real world challenges in plant systems, from topics like bioremediation, environmental restoration, and sustainable agricultural plant production practices in the greenhouse, field, and across landscapes.

The core focus of the degree will remain learning about plant science, plant production, biotechnology, and cultivation. Graduates will have a foundational understanding of plant biology and soil management, learning how to optimize plant growth and health in a variety of environments. The program emphasizes hands-on skills, teaching students how to identify and manage pests, diseases, and weeds, and apply sustainable practices to improve agricultural and horticultural systems.

Students in the renamed plant science major will continue to be able to take courses towards a concentration in environmental horticulture, sustainable agriculture, or turfgrass science.

Students with a plant science degree may also have an easier time navigating the post-graduation employment landscape, as this is a broad degree name that provides flexible alignment with a variety of plant science affiliated careers and fields.

“The move away from SPSS is going to be good for the department. Most students, including myself, find it hard to explain what SPSS is to people outside of the major,” says Robert Eselby ’25 (CAHNR). “This name change will help realign the identity of the major with the focuses of the students within it.”

This name change will also allow UConn’s program to be recognized in national rankings of plant science programs. This was not possible in the past as the unique major name did not allow UConn’s graduates to be included in elements necessary for the rankings.

Students currently enrolled in the sustainable plant and soil systems major will have the name of their degree updated for degrees awarded in fall 2025 and moving forward.

“After over 100 years with ‘plant science’ in the name of our department, it is exciting to have everything align – including the bachelor’s degree name, graduate program, and associate’s degree program,” says Everhart. “With many new faculty in our department, we have bold plans to offer new concentrations and courses in the next couple of years that will continue to provide graduates of our program with a strong foundation and cutting-edge skills to equip them to succeed in their careers.”

Follow UConn CAHNR on social media

MIL OSI USA News –

January 28, 2025
MIL-OSI Europe: Audience with the Presidents of the Episcopal Communication Commissions and Directors of the Communication Offices of the Episcopal Conferences

Source: The Holy See

Audience with the Presidents of the Episcopal Communication Commissions and Directors of the Communication Offices of the Episcopal Conferences, 27.01.2025
This morning, in the Vatican Apostolic Palace, the Holy Father Francis received in audience the Presidents of the Episcopal Communication Commissions and the Directors of the Communication Offices of the Episcopal Conferences.
The following is the Pope’s address to those present during the meeting:

Address of the Holy Father
I am pleased to welcome you who carry out a service of leadership in the field of communications in your local Churches. It is good to see bishops, priests, men and women religious, lay men and women gathered here, called to communicate the life of the Church and a Christian worldview. Communicating this Christian worldview is beautiful.
We meet today, after celebrating the Jubilee of the World of Communications, to do an assessment together and also an examination of conscience. The Letter to the Hebrews reminds us that faith is the assurance of things hoped for and the conviction of things not seen (cf. 11:1). Motivated by this faith, let us take a moment to reflect on the concrete way we communicate.
Let us ask ourselves: what do we do to sow hope in the midst of all the despair that surrounds and challenges us? What do we do to overcome the virus of division that undermines our communities? Is our communication inspired by prayer? Or do we limit ourselves to communicating about the Church by merely following the rules laid down by corporate marketing? We should ask ourselves all of these questions.
Are we witnessing to the fact that human history is not tied to an inexorable destiny? What are we doing to encourage others to look forward to a future that is not predetermined? I like the expression “writing the future”. It is up to us to write the future. Are we capable of communicating that hope is not an illusion? Hope never disappoints. But are we communicating that? Are we capable of communicating that it is possible to improve the lives of those around us, and that we can play a part? Can I, for my part, bring beauty to the lives of others? Are we able to communicate and convince others that it is possible to forgive? This is very hard to do!
Christian communication is about showing that the kingdom of God is near. It is present here and now, like a miracle that can be experienced by every person and by every culture. A miracle that must be narrated by offering the hermeneutic necessary to look beyond the mundane, beyond evil, beyond prejudices, beyond stereotypes, beyond oneself. The kingdom of God is beyond us. The kingdom of God even comes through our imperfections and this is beautiful. The kingdom of God comes when we show attention to others and carefully analyse the world around us. It comes in the ability to recognize and spread the hope that goodness exists, overcoming a desperate fanaticism.
This may be an institutional service for you, but it is also the vocation of every Christian, of every baptised person. Every Christian is called to recognize and pass on the stories of good that bad journalism tries to erase by only focusing on evil. Evil exists. It must not be hidden, but it should stir us and lead us to produce questions and answers. This is why your task is so important: it demands that you step out of yourself, to dedicate yourself to a “symphonic” work that involves everyone, that values old and young, women and men and takes into account every language, through the use of words, art, music, painting and images. We are all asked to examine how and what we are communicating. Communicate, we must always communicate.
Sisters, brothers, this task is challenging. I therefore encourage you to increase your efforts to cooperate on both a continental and universal level so that we can build a different model of communication. The difference lies in the unlimited spirit, creativity and poetic power that flow from the Gospel. Communication is always original. When we communicate, we create languages and bridges. We become creators. It must be a model of communication that conveys harmony and proposes a concrete alternative to today’s towers of Babel. Think about this: the new towers of Babel. They all spoke but did not understand one other. Reflect on this image.
I leave you with two words: together and network.
Together. Only together can we communicate the beauty we have encountered: not because of our talents or because we have more resources, but because we love one another.
This is where we draw the strength to love even our enemies, to embrace those who have done wrong, to unite what is divided and to resist despair. And to sow hope as well. Do not forget about this: sowing hope. It is not the same as sowing optimism. Not at all. We must sow hope.
Communicating, for us, is not a tactic. It is not a technique. It is not the repetition of catchphrases or slogans, nor is it merely writing press releases. Communicating is an act of love. Only an act of selfless love can produce networks of goodness. These networks of goodness should be regenerated and restored every day, with patience and faith.
Network is the second word I invite you to reflect on. Today, we have forgotten the older meaning of this word, as if it were only linked to the digital world. In fact, it is an ancient word. Before making us think about social networks, it ought to remind us of the fishermen’s nets and of Jesus’ invitation to Peter to become a fisher of men. Doing this means putting skills, knowledge and resources into a network capable of providing adequate information and thus escaping the sea of despair and disinformation. This in itself is already a message, a lesson we can learn.
Let us think of how much we could accomplish together – thanks to the new tools of the digital era and to artificial intelligence – if instead of turning technology into an idol, we were more committed to networking. I have to admit something: what worries me, more than artificial intelligence, is natural intelligence, the intelligence that we must develop.
When we feel as if we have fallen into an abyss, we must look up, beyond ourselves. Nothing is lost. We can always start again by trusting in each other and, together, trusting in God. This is the secret of our power to communicate. Networking! Be a network! Instead of being seduced by the sterile sirens of self-promotion and the celebration of our own initiatives, let us consider how we can build together a tale of hope.
This is your task. It is rooted in antiquity. The greatest miracle Jesus wrought for Simon and the other disappointed and weary fishermen was not so much a net full of fish, but having kept them from falling prey to disappointment and discouragement in the face of defeat. Please, do not give in to that type of interior sadness. Do not lose your sense of humour, which is wisdom, everyday wisdom.
Sisters, brothers, our network is for everyone. For everyone! Catholic communication is not something isolated; it is not just for Catholics. It is not a fenced-in area where we can keep to ourselves, a sect where we can talk to each other. No! It is the open space of a living witness that knows how to listen to and interpret the signs of the kingdom. It is the welcoming place of true relationships. Let us ask ourselves: are our offices and our relationships like this? Our network is the voice of a Church that only finds itself and the reason for its hope by stepping out of herself. The Church must step out of herself. I like to think of that passage in the Book of Revelation when the Lord says, “I am standing at the door, knocking” (3:20). He says this because he wants to come in. But today the Lord often knocks from the inside because he wants us, as Christians, to let him out! Too often we keep the Lord to ourselves. We must let the Lord out – he is knocking at the door to be let out – and not keep him somewhat “enslaved” for own purposes. Do our offices, our relationships and our networks really resemble a missionary Church?
Thank you, thank you for your work! Go forward with courage and the joy that comes from evangelising. I bless you all from my heart. And please do not forget to pray for me. Thank you!

MIL OSI Europe News –

January 28, 2025
MIL-OSI: Greenbacker secures nearly $1 billion financing to support acquisition and construction of largest solar project in New York State
Source: GlobeNewswire (MIL-OSI)
- Greenbacker, together with Hecate Energy, has completed the development of its largest clean energy project to date. After acquiring the project from Hecate, Greenbacker closed on construction financing in conjunction with commencing construction.
- Greenbacker partnered with six of the world’s leading project finance banks and financial institutions to secure $869 million in construction-to-term, letter of credit, and tax equity bridge loan financing and with a global investment manager for an additional $81 million development loan facility.
- The 674 MWdc solar project is expected to power over 120,000 New York homes, support hundreds of green jobs.
NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) — Greenbacker Renewable Energy Company LLC (“Greenbacker”), an independent power producer and energy transition-focused investment manager, today announced it has secured $950 million in aggregate financing to support the acquisition, construction, and operation of its largest clean energy project to date. When complete, the 674 MWdc / 500 MWac utility-scale solar farm (“Cider”) will be the largest solar project in the state of New York.

Greenbacker acquired Cider from Hecate Energy LLC (“Hecate”), one of the largest renewable energy developers in the US. The two companies initially entered into a development partnership in 2021 to bring the project through development, financing, and the commencement of construction.

Following the acquisition, Greenbacker closed on an $869 million financing composed of a construction-to-term loan, a tax equity bridge loan, and letters of credit. The financing was led collectively by six Coordinating Lead Arrangers: MUFG, KeyBanc Capital Markets, ING Capital LLC (“ING”), Intesa Sanpaolo S.p.A., New York Branch (“Intesa Sanpaolo”), Societe Generale, and Wells Fargo. MUFG and KeyBanc Capital Markets served as the Co-Documentation Agents and Co-Administrative Agents; ING, Intesa Sanpaolo, and Societe Generale, served as Co-Syndication Agents; ING and Wells Fargo served as Co-Green Structuring Agents. ING, Intesa Sanpaolo, and Societe Generale acted as Bookrunners.

Greenbacker also successfully closed on an $81 million development loan with Voya Investment Management (“Voya IM”). The development loan with Voya IM was utilized to support Cider’s late-stage development, preliminary construction activities, and equipment procurement.

With committed funds totaling nearly $1 billion, Cider represents another milestone for Greenbacker—its largest project financing to date.

“Greenbacker has called New York home for 14 years, and we’re proud to be both the owner of the largest solar energy project in the state’s history and a driving force in accelerating its ambitious clean energy goals,” said Charles Wheeler, CEO of Greenbacker. “This substantial achievement—the result of successful collaboration across a group of top-tier institutions, including our long-time development partner Hecate—will create hundreds of green jobs, deliver affordable clean power, and help continue to build a sustainable future for New Yorkers.”

Cider also marks the third clean energy collaboration between Greenbacker and Hecate. Over the past several years, Greenbacker has acquired over 70 MWac of utility-scale solar in New York from the developer.

“Hecate is proud to once again partner with Greenbacker to complete the development of the Cider Project, which represents a landmark accomplishment for renewable energy development in the state,” said Nick Bullinger, Hecate’s Chief Operating Officer. “This project embodies Hecate’s mission to make impact at scale building out clean generation to power our future.”

“This is the latest in a long history of project financing transactions with Greenbacker, highlighting our ongoing commitment to deploying capital with high-quality partners to help grow the clean energy industry,” said Gregory Berman, Director KeyBanc Capital Markets.

“This transaction reflects our strong partnership with Greenbacker, belief in its sustainability mission, and commitment to advancing clean energy in New York and nationwide,” said Alberto Mihelcic Bazzana, Director at MUFG.

Cider will utilize approximately 2,500 acres of land in Genesee County, where it began construction in late 2024. The project is expected to generate enough annual clean electricity to power approximately 120,000 average New York households.¹

“Greenbacker’s successful closing on this development loan facility and the bank syndicate’s construction and long-term facility is a pivotal achievement for our organization,” said Carl Weatherley-White, Greenbacker’s Head of Capital Markets. “Finalizing $950 million in capital to build the largest solar project in New York is a testament to the deep expertise and dedication of all parties involved.”

Sheppard Mullin and Barclay Damon served as counsel for Greenbacker; Winston & Strawn LLP served as counsel for Hecate; Winston & Strawn LLP and Rath, Young, and Pignatelli, PC served as counsel for the bank syndicate; Latham & Watkins LLP served as counsel for Voya.

Greenbacker is committed to empowering a sustainable world by connecting individuals and institutions with investments in clean energy. As of September 30, 2024, the company’s fleet of clean energy projects have produced over 10 million MWh of clean energy since 2016, abating more than 7 million metric tons of carbon² and supporting thousands of green jobs.³

About Greenbacker Renewable Energy Company
Greenbacker Renewable Energy Company LLC is a publicly reporting, non-traded limited liability sustainable infrastructure company that both acquires and manages income-producing renewable energy and other energy-related businesses, including solar and wind farms, and provides asset management services to other renewable energy investment vehicles. We seek to acquire and operate high-quality projects that sell clean power under long-term contracts to high-creditworthy counterparties such as utilities, municipalities, and corporations. We are long-term owner-operators, who strive to be good stewards of the land and responsible members of the communities in which we operate. Greenbacker conducts its asset management business through its wholly owned subsidiary, Greenbacker Capital Management, LLC, an SEC-registered investment adviser. We believe our focus on power production and asset management creates value that we can then pass on to our shareholders—while facilitating the transition toward a clean energy future. For more information, please visit https://greenbackercapital.com.

About Hecate Energy
Hecate Energy was founded in 2012 by a team of energy industry veterans and has successfully developed 4.1 GWs of projects to construction or operations. Hecate believes in establishing beneficial, sustainable, and collaborative partnerships with the host communities where its projects are located and tailors each renewable energy project it develops to better meet the needs of project stakeholders.
Hecate Energy has entered over 6 GWac of renewable power purchase agreements (PPAs) across 55 PPAs with 24 counterparties as well as projects that are selling through merchant markets. Projects that Hecate has developed and that are constructed or are under construction include over 4 GWac of solar projects and 103 MWac of battery storage projects totaling over $6 billion in asset value. Hecate has an active development pipeline of over 43.7 GWac of renewable projects.

About MUFG and MUFG Americas
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,100 locations in more than 50 countries. MUFG has nearly 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be “the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG’s Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest foreign banking organizations in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com.

About Voya Investment Management
Voya Investment Management (IM) has approximately $392 billion in assets under management and administration as of Sept. 30, 2024, across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors, drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals. Voya IM has cultivated a culture grounded in a commitment to understanding and anticipating clients’ needs, producing strong investment performance, and embedding diversity, equity and inclusion in its business.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although Greenbacker believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. Greenbacker undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in its expectations.

Greenbacker media contact
Chris Larson
Media Communications
646.569.9532
c.larson@greenbackercapital.com

MUFG media contact
Alicia Faugier
Corporate Communications
afaugier@mufg.jp

¹Governor Hochul Announces Siting Approval of New York’s Largest Solar Facility to Date, governor.ny.gov.
²EPA Greenhouse Gas Equivalencies Calculator. September 30, 2024.
³ Data is as of September 30, 2024. Green jobs calculated using The National Renewable Energy Laboratory (NREL) State Clean Energy Employment Projection Support, nrel.gov.

The MIL Network –
January 28, 2025
MIL-OSI: Xunlei to Acquire Hupu

Source: GlobeNewswire (MIL-OSI)

SHENZHEN, China, Jan. 27, 2025 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has entered into a definitive agreement to acquire Shanghai Kuanghui Internet Technology Co., Ltd., which operates Hupu, for a total cash consideration of RMB500 million, subject to certain adjustments. Hupu is China’s leading sports media and data platform. The closing of the transaction is subject to certain conditions and is currently expected to occur in the first half of 2025.

“Acquiring Hupu is expected to create a powerful synergy with Xunlei,” said Mr. Jinbo Li, Chairman and CEO of Xunlei. “This strategic move will leverage Xunlei’s extensive user base and technological expertise in the internet content transmission sector, combined with Hupu’s high-quality sports content and vibrant community, to foster content downloads, community interaction, and sports consumption in a niche market with high user loyalty. Additionally, the acquisition will strengthen Xunlei’s community operations by enriching its content ecosystem with Hupu’s premium sports content and active user base, while enhancing the user experience through Xunlei’s technological and brand advantages.”

About Xunlei

Founded in 2003, Xunlei Limited (Nasdaq: XNET) is a leading technology company providing distributed cloud services in China. Xunlei provides a wide range of products and services across cloud acceleration, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet experience.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “future,” “intends,” “plans,” “estimates” and similar statements. Among other things, the management’s quotes in this press release, as well as the Company’s strategic, operational and acquisition plans, contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Forward-looking statements involve inherent risks and uncertainties, including but not limited to: the Company’s ability to continue to innovate and provide attractive products and services to retain and grow its user base; the Company’s ability to keep up with technological developments and users’ changing demands in the internet industry; the Company’s ability to convert its users into subscribers of its premium services; the Company’s ability to deal with existing and potential copyright infringement claims and other related claims; the Company’s ability to react to the governmental actions for its scrutiny of internet content in China and the Company’s ability to compete effectively. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

Investor Relations
Xunlei Limited
Email: ir@xunlei.com
Tel: +86 755 6111 1571
Website: http://ir.xunlei.com

The MIL Network –

January 28, 2025
MIL-OSI: Blackford Capital Acquires Ace Controls, Expanding PACIV, its Industrial Automation Platform

Source: GlobeNewswire (MIL-OSI)

GRAND RAPIDS, Mich., Jan. 27, 2025 (GLOBE NEWSWIRE) — Blackford Capital (“Blackford”), a leading lower middle market private equity firm, announced today the acquisition of Ace Controls, a Houston, Texas-based company renowned for designing and building industrial control panels. This acquisition diversifies Blackford’s Industrial Automation Platform, PACIV, to service a broader range of customers. Terms of the transaction are not being disclosed.

Ace Controls is the third acquisition for the PACIV platform since its establishment in June 2023, following its add-on acquisitions of Data Science Automation in January 2024, and Eight12 Automation in May 2024. PACIV has already established a strong presence in the healthcare and life science industries, and the addition of Ace Controls brings a new focus on industrial applications in the water and wastewater industry, and also further expands the platform’s control panel capabilities. Ace Controls has a 95% repeat business rate from its customers, who represent the equipment manufacturing, electrical contracting, and general contracting sectors.

Martin Stein, Founder and Managing Director of Blackford Capital, said, “Entering an additional highly regulated, strict tolerance end market with high entry barriers will enable PACIV to scale and diversify its business. Our PACIV platform thesis is to be a multi-dimensional industrial automation enterprise catering to life sciences, food and beverage, and water and wastewater companies.”

Ace Controls President Agmed Aguirre founded the company in 2005 with a vision to serve the water and wastewater industries by building and distributing high-quality wholesale control panels designed with the end user in mind. Under his leadership over the past 20 years, Ace Controls has flourished, earning recognition as an industry leader. Agmed’s wife Lindsey Aguirre joined the business in 2006, playing a crucial role in administration and bookkeeping, which has helped to build a solid foundation for the company. The entire management team and all employees will remain with the PACIV platform post-acquisition.

“We are excited to join the PACIV platform and are eager to gain access to new customers, receive additional services, and collaboratively achieve significant growth,” said Mr. Aguirre.

Jeff Johnson, Managing Director and Chairman of the Board of PACIV, said, “We welcome the Ace Controls team to PACIV, who impressed us with their strong culture of continuous improvement, dedication to cost control, and customer service. We believe that by expanding PACIV’s control panel offerings we can achieve our ’one-stop’ goal for the platform and create a truly synergistic portfolio company.”

The platform is headquartered in San Juan, Puerto Rico with offices in Indiana, Pennsylvania, California, Ireland, and now Texas.

Generational Group served as exclusive financial advisor and Lancaster | Helling served as legal advisor to Ace Controls. Varnum LLP served as legal advisor and RSM US LLP served as the financial and tax advisor to Blackford and PACIV. Mercantile Bank provided debt financing, and Rush Street Capital provided financing advisory services in support of the transaction.

About Blackford Capital
Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. Blackford has a track record of exceptional returns, a disciplined and relentless approach to value creation, and a focus on operational excellence and a compelling culture. In 2023 and 2024, Blackford Capital was named to Inc’s list of Founder-Friendly Investors, was recognized by ACG Detroit with the 2023 M&A Dealmaker of the Year Award and awarded the 2023 Small Markets Deal of the Year award by both Buyouts Magazine and the Global M&A Network Atlas Awards. For more information, visit www.blackfordcapital.com.

About Ace Controls
Established in January 2005, Ace Controls leverages over 30 years of combined expertise in control panel design, fabrication, and integration to deliver reliable and cost-effective solutions. Serving the water and wastewater industries, as well as the oil and gas industries, Ace Controls caters to manufacturers of process equipment such as pumps, compressors, blowers, conveyors, mixers, and clarifiers, making Ace Controls a trusted partner in these critical sectors.

Media Contact:
Lambert by LLYC
Jennifer Hurson
(845) 729-3100
jhurson@lambert.com

Jackson Lin
(646) 717-4593
jlin@lambert.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/72daeb91-d04c-4f9e-a1d3-5374ce84b9fb

The MIL Network –

January 28, 2025
MIL-OSI: QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

Source: GlobeNewswire (MIL-OSI)

GREENWICH, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) — QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share. This price implies a 37% premium above Beacon’s 90-day unaffected volume-weighted average price of $91.02 per share as of November 15, 2024. The total transaction enterprise value is approximately $11 billion.

QXO intends to complete the acquisition quickly after the tender offer expires in 20 business days, subject to the terms of the offer. The proposed transaction is not subject to any contingencies related to financing or due diligence. QXO expects that the waiting periods under the Hart-Scott-Rodino Act and the Canadian Competition Act will have expired or been waived by the time the tender offer expires.

Brad Jacobs, chairman and chief executive officer of QXO, said, “Our compelling offer would get cash into the hands of Beacon shareholders immediately at a significant premium to the unaffected share price. We believe that Beacon would be a strong fit for QXO and a key part of our plan to become a forward-looking leader in building products distribution.”

In addition, QXO reiterates that it intends to pursue all options to complete a transaction, including nominating directors for election at Beacon’s Annual Meeting.

Secured Financing in Place
QXO has secured full financing commitments from Goldman Sachs, Morgan Stanley, Citi, Credit Agricole, Wells Fargo and Mizuho. The proceeds from the financing commitments, together with QXO’s cash on hand, will be sufficient to pay 100% of the purchase consideration, any required refinancing of Beacon’s debt, and associated transaction fees and expenses.

Terms
The offer and withdrawal rights are scheduled to expire at 12:00 midnight, New York City time, at the end of February 24, 2025, unless the offer is extended. The full terms, conditions and other details of the tender offer are set forth in the offering documents that QXO is filing today with the Securities and Exchange Commission (the “SEC”).

Morgan Stanley & Co. LLC is acting as lead financial advisor to QXO, and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel.

About QXO

QXO provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. The company provides consulting and professional services, including specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.

Forward-Looking Statements

This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets, goals, regulatory approval timing and nominating directors are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “target,” “goal,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Such factors include but are not limited to: the ultimate outcome of any possible transaction between QXO and Beacon, including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any definitive agreement will be materially different from those proposed; uncertainties as to whether Beacon will cooperate with QXO regarding the proposed transaction; the ultimate result should QXO commence a proxy contest for election of directors to Beacon’s board of directors; QXO’s ability to consummate the proposed transaction with Beacon; the conditions to the completion of the proposed transaction, including the receipt of any required shareholder approvals and any required regulatory approvals; QXO’s ability to finance the proposed transaction; the substantial indebtedness QXO expects to incur in connection with the proposed transaction and the need to generate sufficient cash flows to service and repay such debt; the possibility that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers or suppliers) may be greater than expected following the proposed transaction or the public announcement of the proposed transaction; QXO’s ability to retain certain key employees; and general economic conditions that are less favorable than expected. QXO cautions that forward-looking statements should not be relied on as predictions of future events, and these statements are not guarantees of performance or results. Forward-looking statements herein speak only as of the date each statement is made. QXO does not assume any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law.

Important Additional Information and Where to Find It

This communication is for informational purposes only and does not constitute a recommendation, an offer to purchase or a solicitation of an offer to sell Beacon securities. QXO and Queen MergerCo, Inc. (the “Purchaser”) filed a Tender Offer Statement on Schedule TO with the SEC on January 27, 2025, and Beacon will file a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the tender offer with the SEC. Investors and security holders are urged to carefully read the Tender Offer Statement (including the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as each may be amended or supplemented from time to time), and the Solicitation/Recommendation Statement when available, as these materials contain important information that investors and security holders should consider before making any decision regarding tendering their common stock, including the terms and conditions of the tender offer. The Tender Offer Statement, Offer to Purchase, Solicitation/Recommendation Statement and related materials are filed with the SEC, and investors and security holders may obtain a free copy of these materials and other documents filed by QXO and Beacon with the SEC at the website maintained by the SEC at www.sec.gov. In addition, the Tender Offer Statement and other documents that QXO and the Purchaser file with the SEC will be made available to all investors and security holders of Beacon free of charge from the information agent for the tender offer: Innisfree M&A Incorporated, 501 Madison Avenue, 20th Floor, New York, NY 10022, toll-free telephone: +1 (888) 750-5834.

QXO and the other participants intend to file a preliminary proxy statement and accompanying WHITE universal proxy card with the SEC to be used to solicit proxies for, among other matters, the election of its slate of director nominees at the 2025 annual meeting of stockholders of Beacon. QXO strongly advises all stockholders of Beacon to read the preliminary proxy statement, any amendments or supplements to such proxy statement, and other proxy materials filed by QXO with the SEC as they become available because they will contain important information. Such proxy materials will be available at no charge on the SEC’s website at www.sec.gov and at QXO’s website at investors.qxo.com. In addition, the participants in this proxy solicitation will provide copies of the proxy statement, and other relevant documents, without charge, when available, upon request. Requests for copies should be directed to the participants’ proxy solicitor.

Certain Information Concerning the Participants

The participants in the proxy solicitation are anticipated to be QXO, Brad Jacobs, Ihsan Essaid, Matt Fassler, Mark Manduca and individuals nominated by QXO (the “QXO Nominees”). QXO expects to determine and announce the QXO Nominees prior to the nomination deadline for the 2025 annual meeting of stockholders of Beacon. As of the date of this communication, other than 100 shares of common stock of Beacon beneficially owned by QXO, none of the participants that have been identified has any direct or indirect interest, by security holdings or otherwise, in Beacon.

Media Contacts

Joe Checkler
joe.checkler@qxo.com
203-609-9650

Steve Lipin / Lauren Odell
Gladstone Place Partners
212-230-5930

Investor Contacts ‍

Mark Manduca
mark.manduca@qxo.com
203-321-3889

Scott Winter / Jonathan Salzberger
Innisfree M&A Incorporated
212-750-5833

The MIL Network –

January 28, 2025

MIL-OSI: Sachem Capital Corp. Announces Tax Reporting Information

Source: GlobeNewswire (MIL-OSI)

BRANFORD, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) — Sachem Capital Corp. (NYSE American: SACH) announced today the tax treatment for the Company’s distributions on its common stock (CUSIP: 78590A109) and preferred stock (CUSIP: 78590A505) paid with respect to the calendar year ended December 31, 2024:

COMMON STOCK TAX INFORMATION

			Box 1a	Box 1b	Box 2a	Box 3	Box 5
Record Date	Payable Date	Rate per Share	Ordinary Dividends Per Share	Qualified Dividends Per Share	Total Capital Gain Per Share	Nondividend Dist. Per Share	Section 199A Dividends Per Share
04/09/2024	04/16/2024	$0.110000	$0.000000	$0.000000	$0.000000	$0.110000	$0.000000
07/29/2024	08/06/2024	$0.080000	$0.000000	$0.000000	$0.000000	$0.080000	$0.000000
11/18/2024	11/26/2024	$0.050000	$0.000000	$0.000000	$0.000000	$0.050000	$0.000000
	Total	$0.240000	$0.000000	$0.000000	$0.000000	$0.240000	$0.000000

PREFERRED STOCK TAX INFORMATION

			Box 1a	Box 1b	Box 2a	Box 3	Box 5
Record Date	Payable Date	Rate per Share	Ordinary Dividends Per Share	Qualified Dividends Per Share	Total Capital Gain Per Share	Nondividend Dist. Per Share	Section 199A Dividends Per Share
03/15/2024	03/30/2024	$0.484375	$0.000000	$0.000000	$0.000000	$0.484375	$0.000000
06/15/2024	06/30/2024	$0.484375	$0.000000	$0.000000	$0.000000	$0.484375	$0.000000
09/15/2024	09/30/2024	$0.484375	$0.000000	$0.000000	$0.000000	$0.484375	$0.000000
12/15/2024	12/30/2024	$0.484375	$0.000000	$0.000000	$0.000000	$0.484375	$0.000000
	Total	$1.937500	$0.000000	$0.000000	$0.000000	$1.937500	$0.000000

About Sachem Capital Corp.
Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The Company’s primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Each loan is secured by a first mortgage lien on real estate and is personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.

The MIL Network –

January 28, 2025

MIL-OSI: Gadfin Ltd. and Israel Acquisitions Corp. Announce Entry into Definitive Business Combination Agreement, Bringing the Unmanned Aerial Delivery Company to Nasdaq
Source: GlobeNewswire (MIL-OSI)

TEL-AVIV, Israel, Jan. 27, 2025 (GLOBE NEWSWIRE) — Israel Acquisitions Corp. (NASDAQ: ISRL, ISRLU, ISRLW), (“ISRL”), a publicly-traded special purpose acquisition company, and Gadfin Ltd. (“Gadfin”), an Israeli technology company specializing in all-weather, long range, heavy-duty, drone delivery for essential cargo, today announced the entry into a definitive business combination agreement reflecting a total equity value of Gadfin of up to $200 million USD (the “Business Combination Agreement”). The combined company will trade on Nasdaq and leverage Gadfin’s innovative technology augmented with the expertise of the ISRL team.

Through Gadfin’s patented technology, its unmanned aerial vehicles which are powered by hydrogen fuel cells can deliver medical supplies and other heavy-duty cargo to long-range destinations and in harsh weather conditions. Gadfin’s technology makes it possible to significantly improve logistics delivery in both civil uses and combat zones. Gadfin is well-positioned to be a leading player in drone cargo delivery.

Upon completion of the transaction, Gadfin aims to achieve a great growth plan based on existing contracts and potential new wins.

Transaction Details:
- The Board of Directors of both ISRL and Gadfin have unanimously approved the Business Combination Agreement and signed voting support agreements in favor of the transaction.
- Minimum net cash condition precedent to closing of $15 million.
- The combined company’s staggered Board of Directors will initially be comprised of up to seven directors, of which one director will be nominated by ISRL and up to four directors will be nominated by Gadfin. Up to two additional directors will be mutually agreed. Existing Gadfin management will operate the combined company.
- The parties anticipate completing the business combination in the second half of 2025, contingent upon satisfying all closing conditions, including shareholder approvals, regulatory consents, and compliance with legal and tax requirements.
- Gadfin’s officers, directors, and >5% shareholders, as well as ISRL’s sponsor will enter into a 6-month lock-up agreement, followed by a gradual release mechanism, from the closing of the business combination.
- At the closing of the transaction, Gadfin will be listed on Nasdaq in the United States.
Izhar Shay, Chairman of ISRL’s Board of Directors: “This business combination agreement marks a significant milestone, aligning well with the vision we set forth when launching our SPAC. Gadfin’s innovative hydrogen-powered drones, capable of long-range, zero-emission deliveries, position the company to seize numerous growth opportunities in the drone logistics industry, both in the U.S. and globally. We believe this is an exceptional company to take to the Nasdaq.”

Eyal Regev, Gadfin’s Founder and CEO: “We are thrilled to announce this business combination, marking a pivotal milestone for Gadfin and underscoring the confidence placed in us by leaders in the hi-tech and financial sectors in Israel and the United States. We deeply appreciate the trust and business expertise of the ISRL team, particularly Ziv Elul and Izhar Shay, whose strategic guidance and proven ability to scale businesses will be invaluable in driving Gadfin’s growth. Together, we are committed to accelerating technological innovation and expanding Gadfin’s global presence. Our gratitude also extends to the dedicated teams at Gadfin and ISRL for their tireless efforts in advancing this merger.”

Advisors:

Tiberius Capital Markets, a division of Arcadia Securities is acting as financial advisor to Israel Acquisitions Corp, with Reed Smith LLP, and Stuarts Humpries acting as legal advisors.

Herzog, Fox, and Neeman is acting as legal advisor to Gadfin.

About Gadfin Ltd.:

Gadfin is a pioneering technology company revolutionizing the logistics and cargo delivery industry with its innovative hydrogen-powered drones. Specializing in long-range, heavy-duty, zero-emission aerial delivery, Gadfin provides cutting-edge solutions for time-critical, essential cargo transport, especially to less accessible areas. Gadfin’s proprietary technology is designed to address the evolving needs of sectors such as healthcare, logistics, and industrial supply chains, enabling efficient, sustainable, and reliable deliveries across urban and remote areas.

Led by Eyal Regev, one of the earliest pioneers of the vertical take-off and landing (“VTOL”) cargo delivery vision, Gadfin’s comprehensive approach includes innovative VTOL design, state-of-the-art drone manufacturing, advanced operational platforms, and tailored support services, ensuring seamless integration into its clients’ logistics frameworks. Headquartered in Israel, Gadfin is pioneering the way in transforming how goods are transported, helping its partners meet the demands of the modern world while reducing environmental impact. Backed by prominent investors, SIBF VC (www.sibf.vc) and Gehr Group (www.gehr.com), Gadfin is poised to lead the charge in sustainable and efficient logistics solutions.

About Israel Acquisitions Corp.:

Israel Acquisitions Corp is a Cayman Islands exempted company incorporated as a blank-check company. Formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on high-growth technology companies that are domiciled in Israel, and that either carry out all or a substantial portion of their activities in Israel or have some other significant Israeli connection. The management team is led by Chairman, Izhar Shay, Chief Executive Officer, Ziv Elul, and Chief Financial Officer, Sharon Barzik Cohen.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, regarding the proposed business combination ISRL and Gadfin, ISRL and Gadfin’s ability to consummate the transaction, the expected closing date for the transaction, the benefits of the transaction and the public company’s future financial performance following the transaction, as well as ISRL’s and Gadfin’s strategy, future operations, financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used herein, including any oral statements made in connection herewith, the words “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “forecast,” “future, ” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “propose,” “should,” “seeks,” “will,” or the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by both ISRL and its management, and Gadfin and its management, as the case may be, are inherently uncertain. Except as otherwise required by applicable law, ISRL disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. ISRL cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of ISRL. There may be additional risks that neither ISRL nor Gadfin presently know of or that ISRL or Gadfin currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Author and any of their affiliates, directors, officers and employees expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement to reflect events or circumstances after the date on which such statement is being made, or to reflect the occurrence of unanticipated events.

Additional Information and Where to Find It:

Additional information about the proposed business combination, including a copy of the business combination agreement, is disclosed in the Current Report on Form 8-K that ISRL filed with the SEC on January 27, 2025 and is available at www.sec.gov. In connection with the proposed transaction, the Company intends to file a registration statement, which will include a preliminary proxy statement/prospectus with the SEC. The proxy statement/prospectus will be sent to the stockholders of the Company. The Company and Gadfin also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of the Company are urged to read the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction.

No Offer or Solicitation:

This communication is for informational purposes only and shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.

Investor Contact:

contact@israelspac.com

The MIL Network –
January 28, 2025

MIL-OSI: Form 8.3 – [ International Paper Company]

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

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

1. KEY INFORMATION

(a) Full name of discloser:	Danske Bank A/S
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	International Paper Company
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	24 January 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”	NO

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:	10p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	137,608	0.04
(2) Cash-settled derivatives:			137,608	0.04
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	137,608	0.04	137,608	0.04

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
10p ordinary	Buy	1300

(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
10p ordinary	TRS	Increasing a short position	1300

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

(i) Writing, selling, purchasing or varying

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

(ii) Exercise

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

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

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

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

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

None

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

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

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	27 January 2025
Contact name:	Kotryna Cinciuke
*Telephone number:**	+37060405825

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

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

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

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

The MIL Network –

January 28, 2025

MIL-OSI: First commercial launch of biometric payment cards in Japan with LIFE CARD and IDEX Biometrics

Source: GlobeNewswire (MIL-OSI)

Oslo, Norway and Tokyo, Japan – 27 January 2025 – IDEX Biometrics enters a new market, together with LIFE CARD, Japan’s most innovative credit card issuer. This marks the market introduction of biometric payment cards in Japan. LIFE CARD is targeting commercial deployment in the first half of 2025.

Japan is one of the largest payment markets in Asia, with a very advanced acceptance landscape which is ready for biometric smart cards. Credit cards have emerged to become the most popular alternative to cash in Japan, with 314 million cards issued. Accounting for more than 80% percent of cashless transactions, credit cards are used far more than any other digital payment instrument in Japan¹.

As a credit card issuer of Visa and Mastercard, LIFE CARD is commercializing premium, corporate and student card programs. Biometric payment cards will be a key differentiator and amplifier as LIFE CARD continues to lead innovation in the market.

“LIFE CARD provides innovative, secure and frictionless payment solutions to our growing consumer base. Introducing the latest biometric technology and security to the Japanese market, will reinforce our market positioning, as we attract new customers and increase transactions and customer lifetime value” says Keiji Masui, President at LIFE CARD.

“LIFE CARD and IDEX Biometrics are bringing more seamless and secure payments to consumers, confirming Japan’s technology and innovation leadership in payments. IDEX is committed to make card payments easier, more secure and accessible for Japanese consumers”, shared Catharina Eklof, Chief Executive Officer at IDEX Biometrics.

¹Source: Statista

For further information contact:
Marianne Bøe, Head of Investor Relations, + 47 91800186
Kristian Flaten, CFO, +47 95092322
E-mail:ir@idexbiometrics.com

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

For more information, please visit www.idexbiometrics.com

About LIFE CARD Co., Ltd.
Since its inception in 1952, LIFE CARD has been at the forefront of pioneering advancements in Japan’s credit system. Leveraging its rich legacy of expertise and industry insights, LIFE CARD is dedicated to providing unparalleled support and service toits partners as well as customers.
As a proud member of the esteemed AIFUL Group, one of the largest non-bank financial institutions in the nation, LIFE CARD remains steadfast in its commitment to driving financial inclusivity and empowerment across diverse sectors.

Through synergistic collaborations within the group, LIFE CARD endeavors to spearhead the development of multifaceted financial ecosystems, catering to the evolving needs of its partners and clientele.

For more information, please visit www.lifecard.co.jp

Trademark Statement
IDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders.

About this notice:
This notice discloses inside information pursuant to the EU Market Abuse Regulation and was issued by Marianne Bøe, Head of Investor Relations, on 27 January 2025 at 13:02 CET on behalf of IDEX Biometrics ASA. The notice is published in accordance with section 5-12 the Norwegian Securities Trading Act.

The MIL Network –

January 28, 2025

MIL-OSI Economics: RBI announces measures to manage liquidity conditions

Source: Reserve Bank of India

On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system:

OMO purchase auctions of Government of India securities for an aggregate amount of ₹60,000 crore in three tranches of ₹20,000 crore each to be held on January 30, 2025, February 13, 2025, and February 20, 2025
56-day Variable Rate Repo (VRR) auction for a notified amount of ₹50,000 crore to be held on February 7, 2025
USD/INR Buy/Sell Swap auction of USD 5 billion for a tenor of six months to be held on January 31, 2025

2. Detailed instructions for each operation shall be issued separately.

3. The Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/2013

MIL OSI Economics –

January 28, 2025

MIL-Evening Report: Trump’s ‘ethnic cleansing’ Gaza idea dismissed by analysts – rejected by Jordan, Egypt on ‘Day of Return’

Asia Pacific Report

UN President Donald Trump’s idea of mass expulsion of Palestinians in Gaza to Jordan and Egypt has been dismissed by analysts as unaccepable “ethnic cleansing” and rejected by the governments of both neigbouring countries.

Middle East analyst Mouin Rabbani, a nonresident research fellow at the Middle East Council on Global Affairs and commentator specialising in Palestinian affairs and the Arab-Israeli conflict, said the US and Israel would “fail” over such a plan.

President Trump’s suggestion had been to “clean out” Gaza and move 1.5 million Palestinians to Jordan and Egypt.

“Even if [President Trump] applies pressure on Jordan and Egypt, I think their leaderships will recognise the price of going along with Trump is going to be much greater than the price of resisting him — in terms of the survival of their leaderships for participating in something like this,” Rabbani told Al Jazeera, referring to Trump’s plan as “ethnic cleansing”.

The rebuttals to the Trump idea came as Gaza experienced an historic day with jubilant scenes as tens of thousands of Palestinians crossed the so-called Netzarim Corridor to return home in the north showing their determination to survive under the 15-month onslaught by Israel’s military.

Al Jazeera journalist Tamer al-Misshal said it was a “significant and historic moment” for the Palestinians.

“It’s the first time since 1948 those who have been forced out of their homes and land managed to get back — despite the destruction and despite the genocide,” he said.

He quoted one Palestinian man who returned as saying he would erect a tent on his destroyed home, “which is much better than being forcibly displaced from Gaza”.

Al-Misshal noted Hamas recently said 18 more Israeli captives were alive and would be returned each Saturday in exchange for Palestinian prisoners over the next few weeks.

He said the next main step was to get the Rafah land crossing opened so aid could flow and thousands of badly wounded Palestinians could get medical treatment abroad.

‘Blanket refusal’

Analyst Mouin Rabbani . . . “Israel is not going to succeed in ethnically cleansing the Gaza Strip after a war.” Image: Middle East Council on Global Affairs

Analyst Mouin Rabbani told Al Jazeera about the Trump displacement idea: “This isn’t going to happen because Israel is not going to succeed in ethnically cleansing the Gaza Strip after a war, after having failed to do so during a war.”

When former US Secretary of State Antony Blinken went on a tour of Arab states to promote this idea late last year, he had been met with a “blanket refusal”, Rabbani added.

Meanwhile, in Tel Aviv Prime Minister Benjamin Netanyahu was feeling the heat from his coalition partners over the ceasefire deal who view the Israeli leader as succumbing to US demands, the analyst said.

“I think there’s a kind of a mix of personal, political and ideological factors at play,” Rabbani said.

“Day of victory” . . . How Al Jazeera reported the return of Palestinians to north Gaza today. Image: AJ screenshot APR

“But ultimately, I think the key relationship to look at here is not that between Netanyahu and his coalition partners, or between Israelis and Palestinians, but between Washington and Israel — because Washington is the one calling the shots, and Israel has no choice but to comply.”

A senior Hamas official, Basem Naim, has described the “return” day as “the most important day in the current history of this conflict”.

He said that Israel was “for the first time” obliged to allow Palestinians to return to their houses after being forced “by the resistance”, in a similar way that it was “forced to release” Palestinian prisoners.

Al Jazeera’s Hani Mahmoud reporting on the “Day of Return” for Palestinians going back to north Gaza. Image: AJ screenshot APR

‘Very symbolic day’ in conflict
“This is, I think, a very symbolic day,” he said. “This is a very important day in how to approach this conflict with the Israelis, which language they understand.”

Naim also reaffirmed Hamas’s commitment to the ceasefire agreement and said the group was “ready to do the maximum to give this deal a chance to succeed”.

He also accused Netanyahu and the Israeli government of playing “dirty games” in a bid to “sabotage the deal”.

Jordanian officials have rejected President Trump’s “clean out” Gaza suggestion with
Jordanian Foreign Minister Ayman Safadi saying that all talk about an alternative homeland for the Palestinians was rejected and “we will not accept it”.

Al Jazeera’s Tareq Abu Azzoum reports from Salah al-Din Road, Gaza. Image: AJ screenshot APR

He said any attempt to displace Palestinians from their land would not bring security to the region.

The Jordanian House of Representatives said: “The absurdity and denial of Palestinian rights will keep the region on a simmering and boiling plate.”

Jordan would not be an alternative homeland for displacement attempts against “the patient Palestinian people”.

In Cairo, the Foreign Ministry reaffirmed in a statement Egypt’s “continued support for the steadfastness of the Palestinian people on their land.”

It “rejected any infringement on those inalienable rights, whether by settlement or annexation of land, or by the depopulation of that land of its people through displacement, encouraged transfer or the uprooting of Palestinians from their land, whether temporarily or long-term.”

The 1948 Nakba . . . more than 750,000 Palestinians were forced to leave their homeland and become exiles in neighbouring states and in Gaza. Many dream of their UN-recognised right to return. Image: Wikipedia

MIL OSI Analysis – EveningReport.nz –

January 28, 2025
MIL-OSI Asia-Pac: Sha Tin residential site sold

Source: Hong Kong Information Services

The tender for a residential site in Sha Tin has been awarded on a 50-year land grant at a premium of $606 million, the Lands Department announced today.

Sha Tin Town Lot No. 651 at Mei Tin Road in Tai Wai was awarded to Forum Pacific, a subsidiary of Sun Hung Kai Properties.

It has a site area of about 3,600 sq m and is designated for private residential purposes.

The site’s minimum and maximum gross floor area are 10,800 sq m and 18,000 sq m.

MIL OSI Asia Pacific News –

January 28, 2025
MIL-OSI Asia-Pac: Traffic measures to be implemented

Source: Hong Kong Information Services

To facilitate festive events occurring on the first two days of the Lunar New Year, the Government will roll out special traffic and transport arrangements at various locations on Hong Kong Island and in Kowloon.

In connection with the International Chinese New Year Night Parade due to be held in Tsim Sha Tsui at 8pm on January 29, the first day of the Lunar New Year, special traffic arrangements will be implemented in phases starting from 3.30pm that day. They will remain in place until the crowd has dispersed and the roads are safe for re-opening.

During this period, the Star Ferry Bus Terminus and the China Ferry Terminal Bus Terminus will not be operational. On-street parking will be suspended, and pick-up/drop-off areas and carparks will be closed.

With regard to the Lunar New Year fireworks display, which will be staged at 8pm on January 30, Police will enforce crowd safety management measures and special traffic arrangements on both sides of Victoria Harbour starting from 5pm.

In addition, the Marine Department will implement marine traffic control measures and strengthen inspections of spectator vessels to ensure that safety requirements are met.

MIL OSI Asia Pacific News –

January 28, 2025
MIL-OSI Asia-Pac: Immigration Department Review 2024 (with photos)

Source: Hong Kong Government special administrative region

The Director of Immigration, Mr Kwok Joon-fung, held a press conference today (January 27) to review the work of the Immigration Department (ImmD) over the past year and look ahead to the future. The following is a summary of the department’s major activities in 2024 and its outlook: Staying committed to its mission and safeguarding national security The Safeguarding National Security Ordinance took effect upon gazettal in 2024. Together with the Hong Kong National Security Law, a comprehensive legal system and enforcement mechanism for safeguarding national security have been established in the Hong Kong Special Administrative Region (HKSAR). With a crucial role to play in safeguarding national security, the department has been guarding the country’s southern gateway rigorously with patriotism, and acts in accordance with all applicable laws and prevailing immigration policies to protect Hong Kong’s national sovereignty, security and development interests. Staying principled and innovative, the Government actively seeks reforms so that Hong Kong can advance from stability to prosperity and better integrate into the national development. It also strives to consolidate and enhance Hong Kong’s status as an international financial, shipping and trade centre. The ImmD continues to render full support to the HKSAR Government in its policy directions and measures, with a view to contributing to the prosperity and stability of Hong Kong. Enhancing efficiency and facilitating connections and integration (A) Passenger traffic at control points In 2024, a total of around 298 million passengers passed through Hong Kong’s control points, representing an increase of about 41 per cent over 2023 and a return to the 300 million level in 2019. The total number of visitor arrivals was around 44.5 million, representing an increase of about 31 per cent as compared with that of 2023, of which Mainland visitor arrivals were around 34.04 million, representing an increase of about 27 per cent when compared with that of 2023. Meanwhile, the number of arrivals of other visitors in 2024 was around 10.46 million, representing an increase of about 44 per cent over 2023. Among the visitor arrivals in 2024, around 9.86 million visitors travelled through the Airport Control Point, while around 32.81 million visitors and around 1.84 million visitors passed through land control points and sea control points respectively. (B) Enabling people movement (1) Enhancing handling capacity of control points The ImmD has been taking various measures, including flexible deployment of manpower, optimisation of workflow and effective use of information technology, etc, to continuously enhance the handling capacity and efficiency of control points. Among them, the Heung Yuen Wai Boundary Control Point has seen a continuous increase in users since its passenger clearance services commenced operation in February 2023. To further enhance the clearance capacity, the ImmD set up 10 additional mobile counters in the arrival hall of the Heung Yuen Wai Boundary Control Point and completed the enhancement works in early June 2024 to replace some of the conventional counters with e-Channels, thereby increasing the number of e-Channels in the arrival hall from the existing 14 to 18. Furthermore, to enhance the handling capacity and efficiency of the Express Rail Link West Kowloon Control Point, in addition to the existing 22 e-Channels, 19 extra e-Channels were installed in phases in the arrival hall, which were then put into service progressively starting from June 26, 2024. (2) Extension of e-Channel service The ImmD launched the Contactless e-Channel service in 2021 to allow registered Hong Kong residents to undergo self-service immigration clearance using an encrypted QR code generated by the “Contactless e-Channel” mobile application and facial recognition technology. As at the end of 2024, around 5 million Hong Kong residents had registered for the service and the number of passengers who used the service reached around 150 million, accounting for nearly 75 per cent of the daily number of Hong Kong residents using the e-Channels. On July 19, 2024, the ImmD launched the Mutual Use of QR Code between HKSAR and Macao SAR Clearance Service in collaboration with the relevant authorities of Macao. Eligible Hong Kong residents who have registered for using the Macao Automated Passenger Clearance Service may use the encrypted QR code generated by the “Contactless e-Channel” mobile application for self-service immigration clearance in Macao. Similarily, eligible Macao permanent residents may also use the encrypted QR code generated by the “Macao One Account” mobile application for self-service immigration clearance through the e-Channels in Hong Kong. As at the end of 2024, the numbers of Hong Kong residents and Macao residents who used the service were around 400 000 and 210 000 respectively. (3) Cancelling the requirement for visitors to furnish arrival or departure cards To further streamline immigration procedures, the ImmD has cancelled the requirement for visitors to furnish an arrival or departure card with effect from October 16, 2024. All passengers are no longer required to complete and furnish an arrival or departure card, thereby facilitating a faster and more convenient immigration clearance process. Attracting talent by building Hong Kong into an international hub for talent In support of the Government’s initiatives to attract and retain talent, as well as building Hong Kong into an international hub for talent, the ImmD continued to implement the various enhanced talent admission schemes and deployed additional manpower and streamlined the system to speed up the processing of relevant applications. Meanwhile, technology was also utilised to enhance electronic services, making the submission of visa applications more convenient and efficient. (For details of the numbers of applications for visas/entry permits/extensions of stay received and approved under various admission schemes/policies, please refer to the Annex.) (A) Enhancing talent admission schemes (1) Enhancing the assessment criteria and arrangements for the General Points Test under the Quality Migrant Admission Scheme With effect from November 1, 2024, the General Points Test (GPT) under the Quality Migrant Admission Scheme (QMAS) has been enhanced by adopting clearer and more objective scoring criteria, as well as streamlining the application and selection process. The enhanced GPT replaced the original item-by-item scoring system with an assessment questionnaire comprising 12 assessment criteria across six major aspects, namely age, academic qualifications, language proficiency, work experience, income and business ownership. Applicants may submit applications if they meet a minimum of six assessment criteria. The ImmD will pass the eligible applications to an assessment panel chaired by the Secretary for Labour and Welfare. The assessment panel will then provide advice to the Director of Immigration according to the selection results. There is no annual quota under the enhanced GPT. (2) Expanding the list of eligible universities under the Top Talent Pass Scheme and extending the validity period of the first visa for Category A applications To further expand the network for attracting talent, starting from November 1, 2024, 13 top Mainland and overseas universities/institutions have been added to the list of eligible universities under the Top Talent Pass Scheme (TTPS). The aggregate list currently covers a total of 199 eligible institutions after the annual update. In addition, with effect from October 16, 2024, the validity period of the first visa of applicants approved under Category A of the TTPS has also been extended from two years to three years to facilitate their advance planning for relocation to Hong Kong with their families. The new measure also applies to Category A applicants whose applications were approved before the aforementioned date. (3) Extending the immigration arrangements for graduates from the Greater Bay Area campuses of Hong Kong universities In late 2022, the Immigration Arrangements for Non-local Graduates was expanded to include graduates from the Greater Bay Area (GBA) campuses of Hong Kong universities on a pilot basis for two years. The HKSAR Government announced in October 2024 that the arrangements would be extended for two years to the end of 2026. (B) Temporarily exempting full-time non-local undergraduate students from restrictions on taking up part-time jobs Starting from November 1, 2024, full-time non-local undergraduate students have been temporarily exempted from the restrictions on taking up part-time jobs to enhance their personal experience of working in Hong Kong, thereby increasing their incentive to stay in Hong Kong for development after graduation. Eligible full-time non-local undergraduate students are allowed to take up part-time employment within the duration of their studies, with no restrictions on the number of working hours and location. (C) Implementation of New Capital Investment Entrant Scheme The New Capital Investment Entrant Scheme was launched on March 1, 2024, with the aim to further enrich the talent pool and attract more new capital to Hong Kong. An eligible applicant must invest a minimum of HK$30 million in the permissible investment assets. Invest Hong Kong is responsible for assessing whether the applications fulfil the financial requirements, and the ImmD is responsible for assessing the applications for visa and entry permits and extensions of stay, etc. (D) Relaxation of visa arrangements for nationals of Cambodia, Laos, Myanmar and Vietnam To foster closer ties with countries of the Association of Southeast Asian Nations (ASEAN), following the relaxation of criteria for Vietnamese nationals applying for multiple-entry visas for travel or business in 2023, the relaxation measure has been extended to include nationals of Cambodia, Laos and Myanmar starting from October 16, 2024. Meanwhile, the validity period of multiple-entry visas for nationals of these four ASEAN countries has also been extended from two years to three years. The ImmD has put in place a fast-track arrangement for group visitors from ASEAN countries who submit their visa applications via local travel agents, so that the processing time of the visa applications can be significantly shortened. Be people-oriented and improve their livelihood in pursuit of happiness (A) Commissioning of the new Immigration Headquarters Located at the Tseung Kwan O town centre, the new Immigration Headquarters officially commenced operation on June 11, 2024, marking a new milestone in the development of the department. Not only is the new headquarters equipped with better facilities and infrastructure, it also houses the Tseung Kwan O Marriage Registry and Tseung Kwan O Births Registry, delivering quality public services to citizens. The marriage hall of the Tseung Kwan O Marriage Registry features an innovative design with special wall panels, a lighting system that can be set to different colours, as well as various photo-taking spots. Since its opening on June 26, the hall has been popular among the public. As at the end of 2024, more than 1 300 weddings were held there. (B) New submission and collection kiosks for personal documentation The Registration of Persons (Amendment) Regulation 2024 came into effect on December 13, 2024. On the same day, the ImmD introduced self-application services for identity cards (ICs), expanding the service scope of the Personal Documentation Submission Kiosks to cover IC applications, in addition to HKSAR passport applications. The new services cover three types of replacement applications of IC holders who are aged 18 or above holding a locally issued smart IC, i.e. (i) replacement for an adult IC for persons reaching the age of 18; (ii) replacement for a permanent IC for persons having their eligibility for a permanent IC verified; and (iii) replacement for a new smart identity card for persons holding a valid old form of smart identity IC. Eligible applicants may apply for an IC replacement in a self-service manner and submit their HKSAR passport applications in one go. For collection of documents, members of the public may also collect their ICs and HKSAR passports in a self-service manner through the Personal Documentation Collection Kiosks. A total of 54 new personal documentation kiosks are provided in the new headquarters. The service hours of some of the kiosks have been further extended until 10pm to enable eligible applicants’ access to the services beyond office hours. In addition, starting from December 13, 2024, the processing time for new smart ICs has been shortened from the current seven working days to five working days. Members of the public may collect their new ICs on the next working day upon completion of application processing by the ImmD. (C) Conclusion of Territory-wide Identity Card Replacement Exercise Following the conclusion of the Territory-wide Identity Card Replacement Exercise on March 3, 2023, the Smart Identity Card Replacement Centres ceased operation. Residents who have yet to replace their smart identity cards can visit the four designated Registration of Persons (ROP) Offices during the extended service hours or the ROP – Kwun Tong (Temporary) Office for identity card replacement. As at the end of 2024, a total of some 7.32 million identity card holders had replaced their smart identity cards, representing a replacement rate of about 91 per cent. The Secretary for Security has made the Registration of Persons (Invalidation of Identity Cards) Order 2024 under section 7C of the Registration of Persons Ordinance (Cap. 177), declaring that the old form of smart identity cards issued before November 26, 2018, will be invalidated in two phases in 2025. Moreover, the On-site Identity Card Replacement Service (On-site Service), which had been temporarily suspended for over two years due to the pandemic, resumed in November 2022 to provide on-site identity card replacement service to eligible residents of residential care homes (RCHs). As at the end of 2024, the outreach teams had visited around 1 100 RCHs to complete the replacement procedures for over 45 200 residents. It is anticipated that the On-site Service will conclude in the first quarter of 2025. (D) Granting of visa-free access for HKSAR passport holders In 2024, the ImmD issued a total of more than 900 000 HKSAR passports. Since July 2024, the period of visa-free entry for HKSAR passport holders to Thailand has been extended from up to 30 days to 60 days. As at the end of 2024, 171 countries or territories had granted visa-free access or visa-on-arrival for HKSAR passport holders. The ImmD will continue to lobby more countries or territories to grant visa-free access or visa-on-arrival for HKSAR passport holders to provide travel convenience. (E) Services and support for Hong Kong residents in distress outside Hong Kong (1) Assistance to Hong Kong residents in distress outside Hong Kong The ImmD’s Assistance to Hong Kong Residents Unit (AHU) has been making every effort to provide practical assistance to Hong Kong residents in distress outside Hong Kong. The AHU maintains close ties with the Office of the Commissioner of the Ministry of Foreign Affairs in the HKSAR (OCMFA), Chinese diplomatic and consular missions overseas and other relevant HKSAR government departments to provide all practicable help and support to assistance seekers. To step up its services and support for Hong Kong residents in distress outside Hong Kong, the ImmD introduced the 1868 WeChat assistance hotline and 1868 Chatbot on March 18, 2024. Along with the existing options, Hong Kong residents may contact the AHU through a total of six different channels for assistance. In 2024, the AHU handled 3 302 requests for assistance in total, most of which involved loss of travel documents, hospitalisation, casualties, etc outside Hong Kong. Among the requests received, there were cases of Hong Kong residents suspected of having been lured to Southeast Asian countries and detained to engage in illegal work. The ImmD has provided appropriate advice and practicable assistance to the persons concerned or their families according to their wishes. In the light of the situation in Lebanon and Israel, the ImmD has also maintained close contact with the OCMFA and relevant Chinese Embassies to follow up as appropriate. With the assistance of the Embassy, three Hong Kong residents were safely evacuated from Lebanon by vessel and flight under the national arrangements. (2) Publicity on consular protection and outbound travel safety In June 2024, the ImmD and the OCMFA co-organised the Consular Protection Month to widely disseminate information on consular protection and outbound travel safety through a series of activities, including holding the launching ceremony of the Consular Protection Month at Hong Kong International Airport (HKIA), organising roving exhibitions on consular protection across the territory, setting up booths at the International Travel Expo and conducting joint seminars with the OCMFA. Meanwhile, the “Consular Protection and Outbound Travel Safety” online exhibition was launched to enable members of the public to learn more about consular protection and outbound travel safety through various activities. (F) Mainland Travel Permits for Hong Kong and Macao Residents (Non-Chinese Citizens) The Exit and Entry Administration of the People’s Republic of China started to issue Mainland Travel Permits for Hong Kong and Macao Residents (Non-Chinese Citizens) (Permits) from July 10, 2024, onwards. To apply for the Permit, applicants are required to apply for a Notice of Application for Access to Information (Notice) from the ImmD. The Notice will normally be made available within 10 days upon receipt of the request. As at the end of 2024, a total of about 87 000 applications in relation to the Notice had been received, among which 99 per cent had been processed. Stringent law enforcement and securing social stability (A) Law enforcement The ImmD is dedicated to combating immigration-related crimes. Its Cybercrime and Forensics Investigation Group has been actively conducting targeted cyber patrols and taking enforcement actions against those who organise, arrange or incite the public to commit serious crimes such as employing illegal workers through social media or instant messaging software, with a view to tackling illegal employment and protecting the job opportunities of local workers. (1) Combating illegal employment In 2024, the ImmD conducted a total of 17 906 operations against illegal employment and arrested 4 172 illegal workers and 513 local employers altogether. In particular, a total of 444 non-ethnic Chinese illegal workers and 146 local employers who employed them were arrested during the enforcement operations against non-ethnic Chinese illegal workers. Employing illegal workers is a serious offence. A dishwashing service company licensee was convicted for employing illegal workers and sentenced to 19 months’ imprisonment in February 2024. In July and August 2024, under the co-ordination of the Exit and Entry Administration of the People’s Republic of China, the ImmD mounted a cross-boundary joint operation with the Exit and Entry Administration Offices of the public security authorities of Guangxi and Guangdong and the Shenzhen Frontier Inspection Station, cracking down on a cross-boundary forgery syndicate that specialised in soliciting Mainlanders to take up illegal employment in Hong Kong, resulting in the arrest of a total of 201 persons and the seizure of a large quantity of forgery equipment and forged documents. In regards to the Hong Kong side, the ImmD mounted an operation codenamed “Vanguard” and arrested a total of 97 persons, including a syndicate mastermind and serveral core members, as well as a number of suspected illegal workers and employers suspected of employing them. (2) Strengthening counter-terrorism preparedness, combating illegal transnational migration and document fraud Officers of the ImmD intercepted suspicious persons at immigration control points in light of terrorist threat assessments and actual circumstances, and kept visitors in suspected association with terrorist activities under surveillance to prevent such persons from attempting to enter Hong Kong. In 2024, the ImmD conducted a total of 13 664 related inspection operations at various immigration control points, and intercepted 32 551 passengers in total for enquiries. To enhance its preparedness and response capability for emergencies and terrorist attacks, the ImmD participated in a large-scale interdepartmental counter-terrorism exercise codenamed “Wisdomlight” at the Kai Tak Sports Park in December 2024. During the exercise, the ImmD showcased its recently commissioned mobile identification tactical unit, while the Emergency Response Team of the Castle Peak Bay Immigration Centre (CIC) demonstrated how to quell a disturbance. Moreover, the ImmD has been working with different law enforcement agencies to combat illegal transnational migration, with the focus on investigation into document fraud, in order to prevent anyone from entering Hong Kong or travelling to other countries or territories via Hong Kong with forged travel documents. The ImmD’s Anti-Illegal Migration Agency conducted a total of 30 438 operations against forgery activities, including joint operations with overseas and local law enforcement agencies against illegal transnational migration. A total of 23 693 passengers were intercepted for enquiries. (B) Handling non-refoulement claims (1) Combating illegal entry of non-ethnic Chinese The ImmD has commenced dedicated operations with Mainland and local law enforcement agencies since 2016 in order to take sustained enforcement action against illegal immigration activities of non-ethnic Chinese. While a sharp increase in the number of non-ethnic Chinese illegal immigrants intercepted in the second half of 2023 was once noted, the situation has improved significantly following the strengthened enforcement actions through concerted efforts of enforcement agencies. The number of interceptions plummeted by 84 per cent from the peak of 364 in October 2023 to a monthly average of 57 in 2024. The ImmD will continue to step up intelligence exchanges with enforcement agencies on the Mainland and in Macao to further combat illegal immigration precisely. (2) Advance Passenger Information System To meet the aviation security requirements of the Convention on International Civil Aviation and to align Hong Kong with other aviation hubs worldwide, as well as to enable the ImmD to further enhance its clearance and enforcement capabilities to prevent undesirables, including potential non-refoulement claimants, from boarding flights heading to Hong Kong, the ImmD implemented the Advance Passenger Information (API) System on September 3, 2024, requiring airlines to transmit advance information to the ImmD about flights and passengers heading to Hong Kong through the API System when checking in travellers, and act upon the direction given through the system to allow or not allow specific travellers to board the aircraft heading to Hong Kong. To allow sufficient time for over 100 airlines to connect to the API System and to ensure that the system will run in a smooth and orderly manner, the rollout will be carried out in phases. A transitional period of around 12 months will also be provided. The offences and defences, and the miscellaneous provisions relating to the API System under Cap. 115Q, Laws of Hong Kong will come into effect after the transitional period, namely starting from September 1, 2025. (3) Stepping up the screening process The ImmD continued to speed up the screening of non-refoulement claims with flexible staff deployment and optimised workflow. In 2024, the ImmD determined over 2 700 non-refoulement claims. As at the end of last year, there were about 850 claims pending screening by the ImmD. Under the unified screening mechanism, over 95 per cent of the claimants rejected by the ImmD lodged appeals against the decisions. As at the end of 2024, there were about 750 claimants who had lodged appeals pending decision by the Torture Claims Appeal Board/Non-refoulement Claims Petition Office. (4) Better management of detainees To enhance security and management efficiency, the CIC is pressing ahead with a number of enhancement projects, including overhauling the CCTV surveillance system; launching an RFID (radio frequency Identification) Equipment Management System; and installing a Contactless Vital Sign Monitoring System to remotely monitor the vital signs of detainees. The CIC has also deployed small unmanned aircraft to carry out patrol duties from time to time to eliminate potential security threats. In addition to the CIC, the HKSAR Government included the Tai Tam Gap Correctional Institution and the Nei Kwu Correctional Institution (NKCI) as places of detention of the ImmD in 2021 and 2023 respectively, thereby increasing the number of detention places for detaining non-refoulement claimants to three. When the in-situ expansion of the NKCI is completed in 2025, the overall detention capacity of the three detention places will increase to 940. (5) Enhancing efficiency of removing unsubstantiated claimants The ImmD has been committed to promptly removing unsubstantiated non-refoulement claimants from Hong Kong. In 2024, the ImmD removed 2 219 unsubstantiated claimants from Hong Kong, representing a rise of 24 per cent when compared with that in 2023. Under the updated removal policy effective from December 7, 2022, the ImmD may generally proceed with the removal of an unsubstantiated claimant whose judicial review case has been dismissed by the Court of First Instance of the High Court, thereby enhancing the efficiency of and efforts in removing unsubstantiated claimants. Since the implementation of the policy till the end of 2024, the ImmD removed a total of 4 070 unsubstantiated claimants from Hong Kong, including 314 claimants who were removed under the updated removal policy. Nurturing young people and strengthening patriotic teams (A) Hong Kong will prosper when its young people thrive (1) Immigration Department Youth Leaders Corps The ImmD formed the Immigration Department Youth Leaders Corps (IDYL) to provide systematic and regular disciplinary and leadership training for members by sending dedicated training officers to secondary schools with the aim of nurturing them to become pillars of society who love the country and Hong Kong. There is also a post-secondary student team, IDYL Plus, members of which have already been admitted to post-secondary institutes. They will be the experienced leaders to pass the values of the IDYL and their personal experiences to younger members. To celebrate the 75th anniversary of the founding of the People’s Republic of China, the IDYL organised a Shanghai summer exchange tour in July for 75 members to learn about the history of the motherland and have an in-depth exchange of ideas with local young people. As at the end of 2024, a total of over 950 students participated in the IDYL. (2) Immigration Department Youth Ambassador Programme The ImmD launched the Immigration Department Youth Ambassador Programme in November 2023 and used the Immigration Divisions of the Mainland Offices of the HKSAR Government (Mainland Offices) as bases to recruit young people from Hong Kong who are studying and living in various provinces on the Mainland as Youth Ambassadors. Since the launch of the Programme, the ImmD has appointed 32 Youth Ambassadors in Beijing, Guangzhou, Shanghai and Wuhan. The appointed Youth Ambassadors will have diverse learning opportunities provided by the ImmD during the one-year term and collaborate with the Mainland Offices in disseminating the latest information and in briefing the public on the business scope of the department. The ImmD expects that the Programme will broaden the Youth Ambassadors’ horizons and lay solid groundwork for their different future positions in society. (B) Staff training and continuous development (1) Recruitment of service members The ImmD launched a new round of in-service appointments and open recruitment of Immigration Officers in May 2024, while the open recruitment of Immigration Assistants continued to be all year round. During the recruitment exercises in 2024, the department recruited about 100 Immigration Officers and 210 Immigration Assistants. (2) National studies In 2024, a total of 366 members of the Immigration Service were arranged to attend training courses in various Mainland institutes, including the National Academy of Governance, the First Standing Force of the Exit and Entry Administration of the People’s Republic of China, the China Foreign Affairs University, and the China People’s Police University. Moreover, in order to reinforce the concept of national security among newly recruited Immigration Officers, deepen their understanding of the history and development of the motherland as well as enhance their knowledge of the country’s immigration regime, with the staunch support of the Ministry of Public Security and the China People’s Police University, the ImmD has arranged 200 Immigration Officer trainees to participate in the National Affairs and Immigration Control Training Course for Immigration Officer Trainees at the China People’s Police University (Guangzhou) since October 2023. The ImmD will actively co-ordinate with relevant Mainland authorities so that newly recruited Immigration Assistants can also receive training in the Mainland. Vision for 2025 Utilising technologies to enhance service standards (A) New milestone of e-Channel service Since the launch of the first e-Channel at the Lo Wu Control Point in December 2004, the total number of users of e-Channels has exceeded 2 billion. Over the past two decades, the ImmD has been striving for innovation in enhancing the clearance efficiency of e-Channels and expanding the service target group in order to provide immigration services of the highest quality to members of the public and visitors. To further enhance service quality, the ImmD has set two key directions for the future development of e-Channels, namely “simplicity” and “efficiency”. While ensuring information security, the ImmD will introduce more innovative technologies for e-Channel users to perform immigration clearance in a more convenient and faster manner. (1) Extension of applicable age of e-Channel service At present, Hong Kong permanent residents aged 11 or above holding a smart identity card can use e-Channels for self-service immigration clearance. To enhance clearance efficiency, the ImmD will adjust the applicable age of the e-Channel service for Hong Kong permanent residents from the first quarter of 2025 onwards so that children aged 7 or above holding a valid HKSAR passport and a Hong Kong permanent identity card can undergo self-service immigration clearance with a smart identity card using facial recognition technology at e-Channels. The implementation date will be announced later. (2) Introduction of new e-Channel The ImmD plans to introduce the new e-Channel at the Arrival Hall of HKIA in the third quarter of 2025, which will enable eligible Hong Kong residents to experience hassle-free self-service immigration clearance through verification of identity by facial recognition technology at the new e-Channel upon arrival without prior enrolment or presenting travel documents or QR codes. (3) Innovative proposal for the application of technologies in handling immigration clearance for private cars The ImmD and the Hong Kong Applied Science and Technology Research Institute (ASTRI) signed a Memorandum of Understanding in April 2024 to explore an innovative proposal for the application of technologies in four areas, i.e. Innovative Immigration Control Operation, Biometric Identification and Authentication, Artificial Intelligence Assisted Immigration Application and Collaborative Robotics Technology. Currently, the ImmD is making substantial efforts in a collaborative project relating to the Innovative Immigration Control Operation with ASTRI, actively researching whether a technology solution underpinned by facial recognition technology can be used to handle immigration clearance of private car passengers, with a view to further enhancing passenger clearance experience. (B) Upgrading infrastructure of boundary control points (1) Redevelopment of Huanggang Port To tie in with the Guangdong-Hong Kong-Macao Greater Bay Area development blueprint and enable smooth and efficient people and cargo flows within the area, the HKSAR Government has been forging ahead with a series of measures to further enhance the capacity of control points and the clearance efficiency, with the redevelopment of the Huanggang Port as one of the key projects. The new Huanggang Port will implement the “co-location arrangement” and adopt a new clearance mode of “collaborative inspection and joint clearance”, making it the first boundary control point between Guangdong Province and the HKSAR adopting such a clearance mode. Currently, Hong Kong and Shenzhen are taking forward the construction works of the new Huanggang Port building and specific immigration clearance arrangements. The target is to strive for basic completion of the new Huanggang Port building by the end of 2025. The ImmD will continue to maintain close liaison with the authorities of both Hong Kong and the Mainland, and proactively implement all relevant preparatory work. (2) Airport Terminal 2 With the full commissioning of the Three-Runway System (3RS) of HKIA in 2024, the capacity of HKIA will be substantially enhanced. Terminal 2 (T2) under the 3RS project is undergoing expansion. Upon completion, it will provide full-fledged terminal services with additional immigration facilities, which include a total of 137 immigration clearance counters and 60 e-Channels. T2 will be opened in phases based on passenger traffic demand. The ImmD will maintain close ties with the Airport Authority Hong Kong and other relevant HKSAR government departments to ensure the smooth commissioning and running of T2. (C) Providing immigration facilitation to the 15th National Games The ImmD fully supports the 15th National Games, and the 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games to be held in 2025, whereby special immigration lanes will be provided in the closed areas of designated control points on Hong Kong side to provide faster and more convenient clearance services for athletes from the Mainland and Macao and their accompanying staff. (D) Commencement of study of Fourth Information Systems Strategy (ISS-4) To further work in tandem with the HKSAR Government’s smart city initiative and proactively seize the opportunities of innovative technology and artificial intelligence technology, the ImmD has appointed a consultant in August 2024 to conduct a new round of reviews on information systems and formulate the ISS-4 as the department’s long-term information technology development blueprint. The research for the ISS-4 is expected to be completed in the second quarter of 2025. (E) Enhancing various measures for attracting talent The ImmD will continue to fully support the HKSAR Government’s measures for attracting and retaining talent. A new channel will be introduced under the General Employment Policy and the Admission Scheme for Mainland Talents and Professionals in 2025 to allow young and experienced non-degree talent with relevant professional and technical qualifications to apply for entry into Hong Kong to join the skilled trades facing acute manpower shortage. There will be a quota under such an arrangement. Moreover, a new mechanism will be introduced under the QMAS in 2025 to proactively invite top-notch and leading talent to come to Hong Kong for development, promoting Hong Kong as the focal point of international high-calibre talent.

MIL OSI Asia Pacific News –

January 28, 2025
MIL-OSI Economics: CBDC requires interoperability, privacy protection, robust infrastructure, and clear benefits of use to become currency in future, says GlobalData

Source: GlobalData

CBDC requires interoperability, privacy protection, robust infrastructure, and clear benefits of use to become currency in future, says GlobalData

Posted in Banking

Retail central bank digital currency (CBDC) development projects continue to face significant hurdles before achieving large-scale implementation. Key challenges include ensuring system interoperability with existing payment methods and currencies worldwide, addressing privacy concerns in advanced economies, and overcoming infrastructure limitations in emerging economies, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, “The State of Central Bank Digital Currencies in 2025 and Beyond,” highlights that retail CBDCs fail to address real consumer needs or pain points meaningfully. Furthermore, they offer no clear tangible benefits that would drive user adoption.

Blandina Szalay, Banking and Payments Analyst at GlobalData, comments: “The very limited uptake of CBDC in countries where it fully launched – in the Bahamas, Jamaica, the Eastern Caribbean Currency Union, and Nigeria – can be attributed to the lack of compelling incentives for consumers to switch to CBDCs from the payment methods they are already used to.”

With habit and convenience being the dominant factors influencing payment tool choices globally for both in-person and online payments, central banks will require either robust incentive schemes or mandates to achieve a widespread adoption of their digital currencies. In countries already operating CBDCs, consumers have expressed that using CBDCs and their associated wallets has introduced additional friction to existing payment processes without offering sufficient benefits. Critics from other CBDC-piloting countries echo these sentiments.

Szalay continues: “Achieving critical mass in CBDC adoption, however, will be necessary to reap any advantages initially proposed by central banks. These could include driving domestic payment system innovation, improving cross-border payment efficiencies, fostering financial inclusion, and newfound financial and monetary stability in emerging economies by formalizing their economies via CBDC.”

Most recently, the Bank of England (BoE) unveiled its digital pound lab, a testing sandbox aimed at addressing key challenges such as interoperability, or absence of clear use cases and lack of viable business models. These issues are set to be tackled throughout 2025, before the decision on a wider launch is made.

Szalay concludes: “As national governments keep allocating resources towards their ongoing CBDC projects, they should also consider the level of their citizens’ openness and willingness to use the central bank’s digital currency in their everyday lives. Should incentives prove insufficient, and governments have to turn to mandates, it will only reinforce critics’ concerns that CBDCs are a tool for asserting domestic and international control.”

MIL OSI Economics –

January 28, 2025
MIL-OSI Economics: Hydrogen economy development enters critical phase, says GlobalData

Source: GlobalData

Hydrogen economy development enters critical phase, says GlobalData

Posted in Oil & Gas

The hydrogen economy has recently experienced some hiccups in its growth story. Apparently, demand for this commodity is not rising at the pace it was envisaged back in 2020 when companies had aggressively announced their energy transition plans. As more industries, such as steel, transportation, and power, try to decarbonize their operations, the demand for low-carbon hydrogen is expected to grow. Nevertheless, the hydrogen economy is currently in its critical phase of its development, says GlobalData, a leading data and analytics company.

GlobalData’s thematic report, “Hydrogen,” reveals that about 83% of the low carbon hydrogen capacity coming online by 2030, is expected to come from green hydrogen plants, while the remainder is from blue hydrogen. Purple and turquoise hydrogen capacities are anticipated to be miniscule. Only about 2% of the total expected capacity by 2030 is currently operational.

Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “Low-carbon hydrogen is set to occupy a crucial role in the decarbonization efforts of several energy-intensive industry verticals. As hydrogen is an essential feedstock in downstream oil and gas processes, switching to low-carbon hydrogen would help companies reduce their emissions footprint. It also has massive potential in the transportation sector, especially in marine and heavy vehicle applications, due to its energy density properties.”

Conventionally, hydrogen has been consumed in the oil and gas industry as a reagent in the refining sector and as a feedstock in the petrochemical sector. The demand from the oil and gas industry will remain the dominant driver for hydrogen in the foreseeable future. Additional demand for this commodity is expected to emerge from industries such as metallurgy, power generation, and transportation.

Puranik continues: “There has been a significant jump in low-carbon hydrogen project announcements in the last few years as industries unveiled plans to decarbonize their operations. Nearly 75% of these projects are in the feasibility stage of development. This reflects the momentum in new plant announcements within this market to reap from the global energy transition.”

Blue and green hydrogen production offers particularly promising growth potential for oil and gas companies pursuing energy transition. Companies are investing in this energy source for their long-term goals, with a preference for green hydrogen.

Puranik concludes: “Several oil and gas companies have announced new blue and green hydrogen plants, which are expected to be operational by 2030. Nevertheless, there is a need for the hydrogen distribution network to expand at scale, which includes the addition of new pipelines. The current scenario signals a critical phase for the development of the global hydrogen economy. Its fate and momentum in the coming years will be decided by how things pan out in the near future.”

MIL OSI Economics –

January 28, 2025
MIL-OSI Video: Open Forum: Empowering Bytes | World Economic Forum Annual Meeting 2025

Source: World Economic Forum (video statements)

In an increasingly digital world where over 5 billion people are online and the average person spends more than six hours a day on the internet, safety and accountability must extend beyond the physical realm.

What principles and practical approaches are needed to identify and reduce digital risks, prevent harm and promote trust and safety online?

Speakers: Peter Lucas Kaaka Jones, Amanda Graf, Helena Leurent, Lauren Woodman, Bilel Jamoussi

The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
X ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF

#Davos2025 #WorldEconomicForum #wef25

https://www.youtube.com/watch?v=HD6psXySlyU

MIL OSI Video –

January 28, 2025
MIL-OSI Video: Lift off for Tech Interdependence? | World Economic Forum Annual Meeting 2025

Source: World Economic Forum (video statements)

As the technology ecosystem evolves, encompassing advancements in AI, biotechnology, edge computing, robotics and beyond, the interdependence of these technologies presents immense opportunities and complex challenges.

How can we pave the way for unprecedented growth and innovation in our interconnected future?

Speakers: Hiroaki Kitano, Cristiano Amon, Aiman Ezzat, Jeremy Jurgens, Magdalena Skipper, Aidan Gomez

The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
X ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF

#Davos2025 #WorldEconomicForum #wef25

https://www.youtube.com/watch?v=Mogyc3UAku0

MIL OSI Video –

January 28, 2025
MIL-OSI United Kingdom: Solar Together returns – residents can boost renewable energy generation, cut carbon emissions and save on bills with solar panel initiative
Source: St Albans City and District

Publication date: 27 Jan 2025

Residents of Hertfordshire are coming together to invest in renewable energy sources through a group-buying scheme for solar panels and battery storage.

Solar Together helps homeowners feel confident they are paying the right price for a high-quality installation from qualified installers.

Residents, including those from St Albans District, can join the group-buying scheme which offers solar panels with optional battery storage and EV charge points.

There is also an option to acquire retrofit battery storage for residents who have already invested in solar panels and are looking to get more from the renewable energy they generate.

The scheme allows homeowners to increase their independence from the national grid.

It is free to register here from Monday 27 January and there is no obligation to go ahead with an installation.

St Albans City and District Council (SADC) is working in partnership with Hertfordshire County Council and iChoosr, experts in sustainable energy transition, to make the move to clean energy as cost-effective and hassle-free as possible.

Councillor Raj Visram, SADC’s Lead for Climate, said:

One of our priorities as a Council is to tackle the climate emergency and encourage the District to become net zero by 2030.

Our involvement with the Solar Together scheme is one of the many actions we are taking to achieve these goals.

The feedback we have received from residents who have taken advantage of the offer in previous years has been highly positive. Residents in St Albans District have been among the most enthusiastic in the county.

I urge any interested householder who has yet to make a Solar Together enquiry, to do so now. They can potentially cut harmful emissions and save money on their energy bills at the same time.

SADC and other Councils enable the scheme and do not benefit financially in any way.

Solar Together, which has already proven to be a hit across the county, operates like this:
1. Householders can register online to become part of the group for free and without obligation.
2. Approved UK solar PV suppliers participate in a reverse auction. They are able to offer competitive pricing as the volume and geographic concentration makes it possible for them to realise greater efficiencies, which they pass on with lower prices for installations.
3. After the auction, registered households will be emailed a personal recommendation which is specific to the details they submitted in their registration.
4. If they choose to accept their recommendation, the specifics of their installation will be confirmed with a technical survey after which a date can be set for the installation of their solar PV system.
5. Telephone and email help desks are on-hand throughout the whole process which, together with information sessions, will allow households to make an informed decision in a safe and hassle-free environment.
Marie-Louise Abretti, Solar Together UK Business Manager, said:

With energy prices continuing to fluctuate, residents of Hertfordshire are looking for opportunities to reduce their carbon emissions, save on energy bills, and increase their independence from the grid.

The Solar Together group-buying scheme offers a straightforward way to make an informed decision and to access a competitive offer from a trusted, vetted provider.

iChoosr has been collaborating with UK councils since 2015 on its Solar Together scheme, aiming to accelerate the energy transition nationwide. The initiative aims to encourage residents to partake in the collective purchase of solar PV and battery storage systems.

To date, Solar Together has installed over 16,480 solar panels in Hertfordshire, reducing carbon emissions by 31,180 tonnes over 25 years – equivalent to 17,000 cars off the road in that time.

iChoosr’s schemes have been delivered in partnership with local authorities in five countries. More than 200 schemes have led to 185,000 residents installing solar PV systems.

Media contact: John McJannet, Principal Communications Officer: 01727- 819533; john.mcjannet@stalbans.gov.uk.

About Solar Together

The Solar Together scheme, delivered by iChoosr, is a group-buying initiative that enables households and businesses to purchase solar panels at a competitive price. By teaming up with local authorities, the scheme is able to leverage the collective buying power of residents to negotiate better rates from trusted solar panel providers. This not only helps to make solar energy more accessible and affordable but also supports the UK’s goal of achieving net-zero emissions by 2050. Solar Together is currently responsible for 10% of MCS-certified (Microgeneration Certification Scheme) solar panel installations in England – the independent certification scheme that certifies microgeneration (renewable energy) products and installers.
MIL OSI United Kingdom –
January 28, 2025
MIL-OSI United Kingdom: North West Angling Fair to return to banks of the Mourne in March

Source: Northern Ireland – City of Derry

North West Angling Fair to return to banks of the Mourne in March

27 January 2025

Strabane is set to play host to thousands of fishing enthusiasts in March when the North West Angling Fair returns to the Melvin Sports Complex.

The annual celebration of angling will host some of the UK and Ireland’s leading fly dressers, casters and angling specialists and the programme will include professional casting and fly fishing demonstrations on the River Mourne.

The public will also have the opportunity to source angling merchandise from a wide range of fishing tackle producers, fly tying brands and fishing outfitters in the Melvin’s Main Hall.
The event is organised by Derry City and Strabane District Council with support from the Loughs Agency.
Mayor of Derry and Strabane, formally announced Saturday 29^th and Sunday 30^th of March as the dates for the event on the Strabane foot bridge on the River Mourne this week.
“The North West Angling Fair will bring thousands of visitors to Strabane in a celebration of everything that makes angling such a unique and rewarding pastime,” she said.
“Whether you’re a complete beginner looking to try something new or an experienced angler eager to refine your skills, this event has something for everyone.
“From expert demonstrations and technique masterclasses to sourcing the latest equipment, it’s a great opportunity to share ideas and connect with others who share a passion for angling.”
Festival and Events Officer at Council, Helena Hasson, said the full programme will be released in the coming weeks.
“We are looking forward to welcoming an internationally renowned lineup of fly dressers, casters, and instructors to this year’s event,” she said.
“The programme will feature demonstrations on the pitches at the Melvin and on the Mourne as well as talks and fly tying demos inside the Melvin where a diverse range of traders will be exhibit in the Main Hall.
“We will also showcase and celebrate the many young people in our region who take part in angling and create opportunities for young people who are new to fishing.”
Sharon McMahon, Loughs Agency CEO, said: “We’re delighted to once again support Derry City and Strabane District Council in delivering one of the most anticipated events on the angling calendar, right here in the North West.
“Angling has played a vital role within our communities, providing enjoyment, tradition, and opportunities for generations.

“Our Fisheries and Angling Improvement Strategy underscores our commitment to enhancing angling experiences for everyone in our catchments, ensuring the sport continues to thrive.

“We are excited to welcome both seasoned anglers and newcomers alike to what is sure to be a fantastic event on the banks of the Mourne in March.”
Council are currently accepting applications from individuals, businesses and organisations interested in trading at the fair.
You can apply online at https://bit.ly/42bEbnR and the deadline for submission is Friday 31st January at midday.
Any queries relating to the application can be sent to [email protected].
For updates and programme information on the North West Angling Fair visit www.derrystrabane.com/anglingfair and follow Northwestangling on facebook.

MIL OSI United Kingdom –

January 28, 2025

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North West Angling Fair to return to banks of the Mourne in March