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  • MIL-OSI Australia: Airservices Australia seeks community feedback on Hobart Airport flightpath changes

    Source: Airservices Australia

    Airservices Australia is inviting the community to have their say on proposed flightpath changes at Hobart Airport.

    This follows Airservices’ assessment of two community suggested recommendations from the Hobart Airspace Review Post Implementation Review (PIR).

    Now, residents can discuss the flightpath change options developed in response to these recommendations at community engagement sessions held from 12-14 November at Dodges Ferry, Primrose Sands, Dunalley and Triabunna, as well as an online option. Visit here for details.

    Residents can provide feedback here until 1 December.

    If these suggested changes progress, Airservices will conduct further community engagement on the detailed design in 2025.

    “Airservices Australia is committed to engaging with the community on the suggested changes to Hobart airspace operations,” said Airservices’ Head of Community Engagement Donna Marshall.

    “Our primary goal is to ensure all community members are aware of the proposed changes and have the opportunity to provide feedback on any areas of interest.”


    About Airservices
    Airservices Australia is responsible for the safety of 11 per cent of the world’s airspace and the provision of aviation rescue fire fighting services at Australia’s busiest airports. We work closely with our customers and industry to support the long-term growth of the aviation industry and are investing in technologies to position Australia at the forefront of innovation in the global aviation industry.

    MIL OSI News

  • MIL-Evening Report: Primary care involves more than GPs. A new review shows how patients can better access care

    Source: The Conversation (Au and NZ) – By Stephen Duckett, Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne

    Drazen Zigic/Shutterstock

    Australians today are more likely than previous generations to live with complex and chronic diseases, such as diabetes, heart disease and depression.

    This means they’re more likely to need health care from a variety of different providers, such as nurses, podiatrists, psychologists and physiotherapists, as well as GPs. This is known as “multidisciplinary care”. It works best when the skills of all these professions are available to the patient in a co-ordinated way.

    But the roles of health professions, and the way they’re funded, have been frozen in legislation and policy for decades. Any change has been incremental and disjointed. It has mostly involved adding more items to the Medicare schedule, with each professional practising separately.

    The result has been greater inequity of access. Because fewer than half of allied health fee-for-service visits are bulk-billed, most patients pay almost A$70 for each consultation – and sometimes much more. Those who can’t afford the out-of-pocket costs and can’t find a bulk-billing practitioner miss out.

    To assess how the government can remove barriers to team-based care and get health professions working to their full potential, or their full “scope of practice”, last year the government commissioned an independent review.

    The final report, released yesterday, sets a new path for the primary care workforce. This could make multidisciplinary care within reach of all Australians.

    Using health-care workers’ full potential

    The review involved extensive consultation, including on two issues papers. The report itself incorporates feedback from the consultations, including sceptical comments, reflecting a divergence of opinions.

    Reflected the report’s title, Unleashing the Potential of our Health Workforce, its main emphasis is to change the rules and regulations imposed by state and federal governments. These stymie health professionals and limit their ability to use their full skills and knowledge to manage their patients’ care.

    Over recent decades, health professionals’ education has improved. So professionals are capable of doing more than previously. Yet the rules and regulations have not advanced and so inhibit professionals from making those skills and knowledge available.

    The review argues this contributes to career dissatisfaction, and to people leaving various health professions, exacerbating workforce shortages.

    The review proposes a new way of documenting and describing what can be done by a profession through what it calls a National Skills and Capability Framework and Matrix.

    As with many other recommendations, the review points to where this is done already internationally and how it can nestle into other policies and frameworks to aid implementation.

    Health-care workers aren’t using all their skills.
    DC studio/Shutterstock

    To the disappointment of most allied health professions, the review does not recommend more Medicare payments for them to practise independently.

    Rather, the review recommends payment to general practices for them to expand multi-disciplinary teams. This would see professionals working together, rather than in competition or isolation.

    The review also recommends changing the rules about referrals by health professionals, allowing qualified health professionals to refer directly to non-GP medical specialists in similar areas. This means your psychologist could refer you directly to a psychiatrist if needed, or your physiotherapist could refer you directly to an orthopaedic surgeon rather than needing to go back to your GP.

    This will weaken the role of the GP as a “gatekeeper” and also potentially undermine the more holistic care that GPs provide. But from a patient’s point of view, eliminating the intermediate step saves them out-of-pocket costs.

    An important recommendation recognises that the health system evolves and rules and regulations need to evolve too. It therefore supplements its recommendations for changes now, with an approach for continuous review through an independent mechanism. This would provide evidence-based advice and recommendations about:

    • significant workforce innovation
    • emerging health care roles
    • workforce models that involve significant change to scope.

    When will we see change?

    The review sets out a loose timeline for implementation, described as short, medium and long term. And it assigns responsibility for each element of its recommendations to appropriate bodies and governments.

    As almost all the recommendations require legislative change, and many require agreement between the Commonwealth and the states, it’s unlikely any of the changes will take effect this financial year.

    The review recommends change be implemented in a systematic, evidence-based and safe way. Implementation would start in areas of greatest need such as in rural and remote Australia and also in practices most ready for the change, such as Aboriginal Controlled Community Health Organisations or Victoria’s Community Health Centres.

    The review recommends changes to the referral process.
    voronaman/Shutterstock

    In releasing what he referred to as a “landmark” report, Health Minister Mark Butler noted the complexity of implementation, which would require collaborative action with states and territories. He noted the need for further consultation, but nevertheless took a supportive tone.

    Can this review prompt real health reform?

    Overall, the review charts a middle course between letting health professionals roam free and the tight and inappropriate rules and regulations which constrain patient care today. It also sets out the practical steps to achieve its goals.

    The one downside of the report is the emphasis on harmonisation of state and territory approaches. This would replace the current approach, where each state and territory decides, for example, on what vaccines can be administered by which professionals and what pharmacists can dispense without a medical practitioner’s prescription.

    One of the benefits of a federation is the potential for state- and territory-based innovation and cross-border learning. Harmonisation will limit that experimenting, and may lead to more of the stasis seen in health workforce policy in the past.

    Stephen Duckett was consulted by the Independent Reviewer during the course of the Review and commented on the Review’s Issues Papers and Draft Final Report

    ref. Primary care involves more than GPs. A new review shows how patients can better access care – https://theconversation.com/primary-care-involves-more-than-gps-a-new-review-shows-how-patients-can-better-access-care-242698

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: IP takes lead in western China’s innovation surge

    Source: China State Council Information Office 2

    An aerial drone photo taken on Sept. 8, 2024 shows a partial view of the Shichengzi photovoltaic power station in Hami City, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
    The western regions of China have experienced remarkable economic strides in recent years, and one contributing factor to this success is the progress made in intellectual property (IP). Amidst the country’s green transformation and pursuit of high-quality growth, this once-impoverished hinterland has now taken an IP-driven development path.
    The China National Intellectual Property Administration (CNIPA) has recently reported rapid growth in two key IP types in the regions. By the end of September, the number of valid invention patents in the regions reached 493,000, up 16.7 percent year on year. Registered trademarks also rose by 10.5 percent compared to the previous year.
    Such growth has not been easy to achieve. Comprising 12 provincial-level regions, western China covers two-thirds of the country’s land area and is home to over a quarter of its population. A sparsely populated area with limited infrastructure, the western regions have lagged economically compared to the eastern provinces.
    However, in recent years, these regions have actively promoted emerging industries, such as smart manufacturing, new energy vehicles and low-altitude economy, which in China are considered as new quality productive forces with high-value invention patents. Local departments have provided IP guidance and financial support to enterprises within these industries, facilitating their rapid growth and narrowing the gap with the east.
    From innovation to invention
    Some have even taken the lead in the country, such as clean energy technology.
    In northwest China’s Qinghai Province, a vast photovoltaic power generation park has been constructed in the Talatan Gobi Desert, spanning 600 square kilometers. Amidst the solar panels, flocks of white sheep were spotted roaming around.
    A few years ago, Talatan was a barren land. The locals creatively planted grass to prevent sand erosion and installed a large area of photovoltaic panels. The water used for cleaning the panels infiltrated beneath the surface, nourishing the grass. However, the grass growth-induced shade problem caused the solar panels to malfunction.
    To manage grass without chemicals, the park integrated sheep farming — using the animals to control vegetation and contribute to ecological conservation.
    This “photovoltaic sheep” concept, patented in 2018, has boosted the efficiency of local photovoltaic power generation, with the park now generating up to 80 million kilowatt-hours of electricity annually.
    Another example is the China-Laos Railway, which links Kunming, the capital of southwest China’s Yunnan Province, and the Lao capital Vientiane.
    The construction of the cross-border railway was a challenging task due to the complex geological structures along the route. Chinese engineers drilled solid tunnels through delicate mountain terrain and constructed high-pier and large-span railway bridges in earthquake-prone areas. Nearly 30 patents were obtained during the construction process, which has not only greatly improved efficiency and safety but also provided technical references for other major projects in both countries. In October this year, the patent-rich railway has facilitated over 42 million passenger trips since its operation in December 2021.
    The innovative achievements from China’s western regions have also garnered global attention. According to the latest report by the World Intellectual Property Organization, four major cities in the area – Xi’an, Chengdu, Chongqing, and Lanzhou – continue to lead the top 100 science and technology cluster ranking. These cities have further enhanced their industrial concentration, attracting high-quality enterprises and talent, and establishing themselves as significant regional hubs of innovation.
    “The market economy necessitates us to establish advanced technology as our competitive advantage and transform tech achievements into business resources. Therefore, we have chosen the path of IP,” said Wang Shechang, chairman of Xi’an-based China National Heavy Machinery Research Institute Co., Ltd.
    “Protecting IP is not only safeguarding innovation but also utilizing them as a means to enhance value exchange and facilitate the transformation of tech accomplishments,” Wang noted.
    From local to global
    Geographical indications (GI) are also a key element in the winning formula of development in Western China.
    GI is a type of IP that signifies a product’s specific origin and the qualities or reputation linked to that location. It serves as a mark of quality, setting the product apart from competitors.
    The latest data shows that the western region has recognized 931 GI products, accounting for 38.8 percent of the national total, with a direct annual output value of 429.8 billion yuan(60.36 billion U.S. dollars).
    “The brand value has been greatly enhanced as many products have obtained GI labels,” said Dolkun Awut, head of the Xinjiang IP department. “We leverage this advantage to drive the development of the GI industry and contribute to rural revitalization.”
    The Guangxi Zhuang Autonomous Region is a major GI contributor. It has 211 GIs, with a comprehensive output value of over 200 billion yuan and employment for over 5 million people.
    The promotion of GI has also strengthened cooperation between the western region and the world. According to the CNIPA, 36 GI products from the western regions have been included in the first China-EU GI list. In 2021, the two sides signed an agreement to enhance bilateral trade of agri-food products, with recognition and protection of 100 Chinese GIs and 96 EU GIs.
    Taking the wine at the eastern foot of Helan Mountain as an example, since it was included in the first China-EU GI list, the product from northwest China’s Ningxia Hui Autonomous Region has been exported to over 40 countries and regions, and major wine-producing areas in European countries such as Britain and France have imported 228,000 liters of this Chinese wine.
    Western China also places great importance on IP exchanges with neighboring countries.
    In Xinjiang, the local IP department has been providing guidance to Chinese enterprises on marketing in Central Asian countries and helping them improve their ability to handle IP disputes.
    Guangxi and ASEAN countries have established forums and conferences on IP cooperation. They have also collaborated on patent technology transfer within the biomedicine and new energy vehicle industries. Moreover, universities in Guangxi conducted academic IP programs with those in Macao Special Administrative Region and Vietnam.
    China’s GDP saw a 5.2 percent year-on-year increase last year, with the western regions outperforming the national average at 5.5 percent. In this remote but robust area, more enterprises and innovators have valued IP, leveraging their innovations to bolster industries with competitive edges and stimulate better economic growth.

    MIL OSI China News

  • MIL-OSI New Zealand: Unlocking the Potential of Active Ageing

    Source: New Zealand Ministry of Health

    Submissions close Monday, 2 December 2024 5:00pm.

    This document is your first opportunity to contribute to the Ministry’s Long-term Insights Briefing.

    Feedback we receive will help us better shape the topic and questions we explore during the drafting process for the briefing, which will be published in 2025.

    How to have your say

    Public consultation closes at 5pm on Monday 2 December.  You can make a submission in any of the following ways:

    Complete the consultation online

    • Email [email protected] with your completed submission form (docx, 35 KB), including your response to the consultation questions for feedback. 
    • Write your response and mail it to:
      Strategy Group
      Ministry of Health
      PO Box 5013 
      Wellington 6140 

    MIL OSI New Zealand News

  • MIL-OSI Australia: BALUMBAH HILL RD/EYRE HWY , SOLOMON (Grass Fire)

    Source: Country Fire Service – South Australia

    Issued on
    05 Nov 2024 12:53

    Issued for
    SOLOMON near Caralue Bluff, South West of Kimba on the Eyre Peninsula..

    Warning level
    Advice – Monitor Conditions

    Action
    Monitor local conditions and stay informed if you are in this area. Decide what you will do if the situation changes.

    At this time there is no threat to life or property and firefighters are attending this fire.

    More information will be provided by the CFS when it is available.

    MIL OSI News

  • MIL-OSI Australia: Gaming the news: How interactive journalism is changing how we tell stories to the next gen

    Source: University of South Australia

    05 November 2024

    The Ramping Rush game.

    Journalists have long used newspapers, radio, television, magazines and, more recently, the internet to entertain and inform the public on the stories that matter most. But what if there’s a richer, more compelling and interactive way to share and address real world issues?

    A University of South Australia academic is exploring how video games are being developed in journalism as a more interactive way to engage younger audiences and tell impactful stories.

    Dr Ben Stubbs, a senior lecturer in journalism and creative writing at UniSA, has created a news game – Ramping Rush: Ambulance Rescue – to explore one of South Australia’s most important health issues: ambulance ramping.  

    The game was led by UniSA’s Australian Research Centre for Interactive and Virtual Environments (IVE) and developed by computer science and media and literature students from around the world as part of a virtual internship.

    Ramping Rush: Ambulance Rescue is a free and online single-player game that aims to demonstrate the impact of ramping – an issue that has given rise to countless media reports in recent years as the state’s hospital system strains under pressure. Ramping occurs when ambulances are made to queue outside overcrowded hospital emergency departments, leaving patients with a prolonged wait upon arrival.

    In the game, the player steps into the shoes of a busy paramedic, racing against time to rescue patients while dealing with long hospital waits and ramping delays.

    The aim is for the player to make snap decisions and save as many lives as possible before getting stuck in traffic or being held up at clogged emergency departments. However, the player soon learns that it’s impossible to save the patients and ‘win’ the game as the ramping situation is too dire.

    By demonstrating the challenges of ramping through a gaming scenario, the team hopes to capture the attention of younger audiences, particularly school students, who are less likely to engage in traditional media.

    Dr Stubbs, an experienced journalist who has written for publications including The New York Times, The Guardian and Sydney Morning Herald, says the video game was created to engage younger audiences with important and current community issues.

    “Interactive news games are another way for people to think about real world issues in a fun and engaging way,” he says.

    “We know that people have been moving away from traditional news for a long time now and how people are consuming news is constantly changing.

    “Video games are just another way to think about the potential of alternative journalism when traditional forms might only reach certain audiences.”

    Last year saw the biggest increase in the number of Australians playing video games, from 67% (17 million) in 2021 to 81%  (21 million) in 2023. Nearly 95% of Australian households have a device for playing video games while 91% of parents play with their children to connect as a family.

    Meanwhile, the journalism landscape has experienced significant change in recent decades, with traditional reporting formats like newspapers in decline. In Australia only 18% of people still read newspapers, with online news now attracting the majority of audiences.

    “Shifting attitudes towards news consumption is driving demand for new outlets such as games,” Dr Stubbs says.

    “News video games are not entirely new to journalism. For example, after the September 11 terrorist attacks, a game was created to help people understand the complexities of modern warfare.

    “Similarly, ABC created The Amazon Race’ in 2019 to showcase the realities of working in a pressure-cooker environment such as Amazon’s Melbourne warehouse.”

    UniSA has recently added a module all about news games to the Innovations in Visual Journalism course which will be part of the online Bachelor of Journalism program in 2025.

    “I think there’s great potential with news games,” Dr Stubbs says. “In our research we found games on everything from the Syrian civil war, remembrance around the Madrid train bombings, identifying fake news, games on the realities of living with a low income, managing a sweatshop factory, pirate fishing, distracted driving and managing COVID misinformation.

    “Creating new and timely additions to the video news portfolio is an important step in remaining connected to the next generation.”

    Ambulance Rush: Ramping Rescue is available to play on itch.io.

    …………………………………………………………………………………………………………………………

    Contact for interview: Dr Ben Stubbs, Senior Lecturer, UniSA E: Ben.Stubbs@unisa.edu.au
    Media contact: Melissa Keogh, UniSA Media M: +61 403 659 154 E: Melissa.Keogh@unisa.edu.au

    MIL OSI News

  • MIL-OSI China: High-speed railway injects vitality into Yangtze River Delta region

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

    Bringing a significant boost to the high-quality integration of the Yangtze River Delta region, the Hangzhou-Huangshan high-speed railway has injected new vitality into the region’s socioeconomic development, according to officials and industry experts.

    Since its launch on Dec 25, 2018, the high-speed railway, part of the Hangzhou-Nanchang High-speed Railway, has bridged the distance between western Zhejiang province and southern Anhui province, ending the long-standing lack of railway access in western Zhejiang.

    Chun’an county, located in northwestern Zhejiang, has been among the primary beneficiaries of this transportation breakthrough.

    For Huang Yaqin, deputy director of the bureau of culture, sports and tourism in Chun’an, the railway has not only improved accessibility, but has also transformed local lifestyles and travel habits.

    “Now, in just under 90 minutes, travelers can journey between the ‘paradise on Earth’ of Hangzhou and the ‘fairyland’ of Huangshan, connecting landmarks such as West Lake, Qiandao Lake and Mount Huangshan along a golden tourist route,” Huang said.

    The improved transportation links have made Qiandao Lake a magnet for tourists from nearby areas such as Shanghai and Jiangsu province, significantly increasing visitor numbers.

    Huang noted that the high-speed railway has also strengthened the lake’s tourism brand, allowing it to tap into niche and diverse markets.

    Qiandao Lake now hosts over 20 major cycling events each year.

    With the establishment of a high-speed bicycle transportation service from key Yangtze River Delta cities to the area this June, cyclists can conveniently send their bicycles ahead of time from hubs such as Shanghai Hongqiao station, Xuzhou East station and Hangzhou East station, where staff members handle secure packing and delivery.

    “This direct bicycle transportation service has made it easier for cyclists from the Yangtze River Delta to participate in events and has helped us position Qiandao Lake as a ‘city of sports,’” Huang said.

    The railway drastically shortens the travel time between Hangzhou and Huangshan, creating a crucial corridor that enhances the regional rapid transit network.

    On Dec 27 last year, the Huangshan to Nanchang segment of the Hangzhou-Nanchang high-speed rail line began operation, bringing Yixian county in Anhui’s Huangshan city into the “high-speed era “with direct connections to cities including Hangzhou, Hefei and Nanchang within two hours.

    The railway network’s expansion has had a profound impact on scenic spots like Xidi town, according to Zhang Sheli, general manager of Yixian county Huihuang Xidi Tourism Development Co.

    “The opening of the Hangzhou-Nanchang high-speed line has not only increased visitor numbers, but has also fostered cooperation with nearby attractions such as Qiandao Lake and Mount Jiuhua. This connectivity has attracted more investments and business opportunities.”

    Xidi has seen an 11 percent increase in the number of visitors year-on-year, positively impacting local hospitality and retail businesses.

    As of Oct 28, the Hangzhou-Huangshan railway has transported over 15 million passengers, with an average of about 50,000 per day.

    Song Fengming, a native of Huangshan and an assistant technician at the Nanjing Power Supply Division’s Huangshan North high-speed rail unit, has witnessed the positive changes high-speed rail has brought to the region.

    “In the past, it took seven to eight hours to travel from the Yangtze River Delta’s major cities to Huangshan. Now, it only takes one to two hours, significantly enhancing communication and interaction with the ‘Greater Huangshan’ area,” he said.

    “The new rail lines have not only raised awareness and boosted the reputation of the region, but have also catalyzed economic growth in the cities along the route.”

    MIL OSI China News

  • MIL-OSI China: 7th China International Import Expo opens in Shanghai

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

    SHANGHAI, Nov. 5 — The newest edition of the China International Import Expo (CIIE), the world’s first national-level exposition dedicated to imports, opened on Tuesday in Shanghai.

    Chinese Premier Li Qiang delivered a keynote speech at the opening ceremony of the 7th CIIE and the Hongqiao International Economic Forum.

    Running from Nov. 5 to 10, the 7th CIIE has attracted 3,496 exhibitors from 129 countries and regions. It also sets a new record with 297 Fortune Global 500 companies and industry leaders attending the event.

    More than 400 new products, new technologies and new services are set to be unveiled during the expo, which experts believe is a strong indication of global companies’ confidence in the Chinese market and their commitment to further development in China despite a sluggish global economic recovery.

    MIL OSI China News

  • MIL-OSI New Zealand: State Highway 60, Commercial Street, Tākaka – sealed and delivered before Christmas

    Source: New Zealand Transport Agency

    Contractors will be hard at work on a key State Highway 60 summer maintenance project this month. 

    They will carry out extensive resurfacing work on the Commercial Street in Tākaka, with 10 nights of closures planned from 17 to 28 November.  
     
    To keep drivers and contractors safe, the highway will be closed to all traffic between Meihana Street and Motupipi Street from 5:30 pm to 6:30 am. No work will be done on Friday, 22, or Saturday, 23 November.

    A local road detour will be available for all vehicles.  

    Rob Service, System Manager Nelson-Tasman, says the resurfacing is essential.

    “We know the public gets frustrated by road works, but this is actually an important investment to ensure the highway is kept safe and reliable for everyone. A well-maintained highway is a win-win for everyone.” 
      
    “We are doing our best to minimise the impact as much as possible. Our contractors will work overnight when there is less traffic, and the road will be open during the day when most people use it,” Mr Service says. 

    Once asphalting is complete, road markings will be reinstated under night works with stop/go controls and a 30 km/h speed limit. 

    During the night closures, a detour will be in place via Meihana Street and Motupipi Street.  This detour is expected to add up to five minutes to travel times. 

    Mr Service says because it is the main route between Golden Bay and Nelson, drivers must be ready for it.

    “Please, don’t let the night works catch you out. Factor them into your travel plans and make sure you get to where you’re going on time.”

    This work follows on from asphalting work that will be completed during the current night closures on SH60 Tākaka Hill that began on Sunday 3 November.

    Works schedule:

    • Sunday, 17 November to Thursday, 28 November (excluding Friday 22 and Saturday 23 November), 5:30 pm – 6:30 am.
    • The worksite is located on SH60, Commercial Street in the Tākaka township, between Meihana Street and Motupipi Street.
    • During the work, the worksite will be closed to all traffic. Road users must detour via Meihana Street and Motupipi Street.
    • During the closure access to Buxton Lane will be via Motupipi Street. There will be no access between SH60 and Buxton Lane.
    • There will be times when direct access to Junction Street or Riley Street from SH60 will be impacted. To ensure continuous access to these streets during work hours, access from SH60 to one of these streets will remain open. Follow onsite signage.
    • Outside of the closure time, State Highway 60 will reopen between 6:30am and 5:30pm but a reduced temporary speed limit of 30km/h will be in place.
    • These works are weather-dependent and may be delayed.

    Summer Maintenance Season – tips and advice:

    • Drivers need to be aware other summer maintenance and resilience works are happening around the region.
    • Due to the number of worksites on each corridor we recommend allowing an extra 30 – 45 minutes travel time on State Highway 6 between Nelson and West Coast and State Highway 6 between Nelson and Blenheim.
    • We recommend allowing an extra 60-minutes travel time on State Highway 1 between Picton and Christchurch.
    • Drivers should check road conditions before they travel as knowing when and where road works are happening means you can time your travel to avoid them or allow extra time for your trip.
    • Whenever you come to a worksite, remember that our road workers are doing their best to complete their work and keep you moving. Please be respectful and follow their advice and instructions.

    National Land Transport Programme 2024/27. Top of the South regional investment summary [PDF, 230 KB] 

    State highway maintenance frequently asked questions

    Tips for driving through worksites (video)(external link)

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Kaikōura to Selwyn District highway repairs and reconstructions underway for summer

    Source: New Zealand Transport Agency

    With summer officially underway, highway reseals and re-surfacing are also progressing in greater Christchurch, Selwyn District and North Canterbury, says NZ Transport Agency Waka Kotahi (NZTA).

    Highway repairs and reseals generally start around September in Canterbury and run through to late March/early April, making the most of the warmer road and air temperatures which contribute to a successful, lasting sealing process and smoother roads for drivers.

    The big shape

    Nine lane kms (ie single lanes not a double lane width highway) will be fully replaced and fresh asphalt laid at nine sites in the greater north and central Canterbury area.

    An additional 90 lane kms of highway will have a thin layer of asphalt applied/ re-sealed over multiple sites.

    Overall the work will start at the North Canterbury NZTA’s maintenance team’s Kaikōura northern border and work south back to Selwyn District and Arthur’s Pass.

    How will this affect me?

    Of the eight major North and Central Canterbury projects, four will happen overnight, with midnight openings where required and the work well advertised in advance.

    • In January/February 2025, work will get underway on SH7 the Lewis Pass route at Weka Pass, Handyside Stream (two sites on SH7, west of the Hanmer Springs turn-off) and SH73 west of Porters Pass.

    Road users should keep an eye out for electronic signs warning of delays and timings in the days ahead of these operations.

    Four sites have to occur during the day using Stop/Go manual traffic management and involving up to 20 minutes delays.

    • These are north of Clarence, SH1, (30 km north of Kaikōura) (February/ March 2025), the Benmore Straight (almost finished as of early November) and Castle Hill, both on SH73, in Selwyn District (currently underway through to December).
    • The fourth site is on the Akaroa highway, SH75 Birdlings Flat – underway in the New Year – January/February.

    Reseals/less invasive road work

    Most of these sites will only involve five-minute delays for drivers and other road users. Places with tighter bends and less room for machinery to manoeuvre, around the Kaikōura Coast, may involve 20-minute delays.

    What else?

    NZTA’s engineers and road crews will also be working on essential structures like bridges, culverts and retaining walls over the summer. If you see road cones and signs asking you to slow down, even if you can’t see people, please slow down as people may be out of sight but nearby, says NZTA.

    Signs asking people to slow down also protect your vehicle and windscreen from flying chipseal as the seal is being bedded in place. Vehicles travelling fast in these circumstances can undo all the good work, so take it easy.

    During this summer construction season in greater Canterbury road users should generally expect:

    • Five-20 minutes delay per site.
    • For long distance journeys during daytime, maybe up to 60 minutes in delays.
    • At some sites longer closure times may be needed – up to close to an hour daytimes.
    • Longer duration closures will generally occur overnight eg for several hours or a full nightshift. Openings for traffic will be provided if practicable and with consideration for ferry sailings (SH1 corridor via Kaikōura and Blenheim).

    “Allow plenty of time for travel over the summer months, check the NZTA Journey Planner website before any long-distance journeys, and be patient around any roadworks and delays encountered,” says NZTA’s System Manager for Canterbury and the West Coast Mark Pinner.

    This work forms part of the government’s $2.07 billion investment into road and drainage renewal and maintenance across 2024-27 via the State Highway Pothole Prevention fund.  

    Quick tips for happy summer travel

    Remember, there will be delays on key routes. 

    Drivers should check road conditions before they travel:

    Always take care when driving through road work sites and follow the temporary speed restrictions to ensure everyone stays safe. Our crews work year-round, they deserve to be safe.

    Keeping your speed down where sealing work is underway or has just been completed not only helps chip to settle in the new road surface, it will also prevent stone chips flying into windscreens and protect road workers from injuries.

    Leave about two car lengths between you and the car in front, four if the weather is bad.

    Even if you can’t see workers on the road or it looks like works are finished when you come across a temporary speed limit sign, safety hazards may still be present. There could be loose chip from a recent re-seal, workers underneath a culvert or bridge or on the side of the road.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Summer tips to keep odours and pests away from food scraps

    Source: Auckland Council

    With summer fast approaching, warmer temperatures can bring an increase to pests and odours in the home.

    Separating food scraps to put out for kerbside collection or for home composting can seem a bit more challenging, but there are easy ways to beat the summer heat and keep pests and odours at bay.

    Prevent pests and odours at home in warmer weather by trying one or more of these tried-and-true tips:

    • Pour boiling water over banana skins in the kitchen sink straight after peeling them to kill fruit fly eggs that have hitched a ride.

    • Keep vegetable peelings dry. The less moisture the less likely they are to smell and attract flies.

    • Throw a handful of baking soda or bokashi zing/bran on top of food scraps.

    • Put food scraps in the fridge or freezer (an ice cream container with a lid is the perfect size for this).

    If using the kitchen caddy supplied by Auckland Council or another food scraps container for the kitchen, remember to:

    • Line the kitchen caddy with Auckland Council pink compostable bin liners – available from retailers and made entirely of cornstarch so safe for home compost.

    • Change the bin liners regularly to avoid spills and reduce food odours.

    • Empty the kitchen caddy more frequently into the food scraps bin and lock the lid in place.

    • Wipe tea tree oil around the lids of the kitchen caddy and food scraps bin to repel flies and other insects.

    • Clean the kitchen caddy and food scraps bin regularly – use anti-bacterial spray or dishwashing liquid with water and dry before use.

    • Place the food scraps bin in a shady spot – not in direct sunlight.

    • Food scraps can be put directly into the food scraps bin, but the liners will help keep pests away if tied up.

    Remember to put the food scraps bin out weekly and help continue transforming rukenga kai into renewable energy and fertiliser to grow more kai.

    Together, let’s help Auckland reach its goal of being zero waste by 2040.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Take two with Andrew – November

    Source: Environment Canterbury Regional Council

    Andrew Arps, team leader for water and land in North Canterbury, introduces his new monthly column: ‘Take two with Andrew’. This month, he discusses the pest plants broom and nasella tussock and offers tips for keeping effluent out of waterways.

    Kia ora

    You may be aware that we’ve recently undergone a few staff changes, including within our Kaikōura office.

    As the new team leader of water and land for North Canterbury, I wanted to introduce myself in the first of what will be regular columns from me.

    The aim is to ensure that we stay connected with the community – and to keep you across some of the topical issues that our team is working on.

    ‘Tis the season for flowering pests

    With spring well and truly upon us, it won’t come as a surprise that the war on unwanted plants is ramping up.

    Broom

    Broom is one of the pests that are now highly visible in both rural and urban parts of Kaikōura, thanks to its distinctive yellow flowers.

    This pesky shrub outcompetes native vegetation and reduces pasture productivity.

    Rural land occupiers are required to control broom within 10 metres of their property boundary, and those in the Hill and High Country Zone also need to control broom that covers 50 metres or less.

    Nassella tussock

    It’s also the flowering season for nassella tussock – and a great opportunity to spot any plants that may have been missed during your initial control (it’s a landowner’s responsibility to control nassella tussock).

    This invasive grass has drooping, purplish flowerheads that are visible from October to December, and it’s spreading across Waitaha/Canterbury.

    For more information about pest plants and what to do if you spot one, visit the ‘pest search’ section of our website –

    ecan.govt.nz/pestsearch

    Keeping effluent out of waterways

    In recent weeks, our staff have attended several cases of non-compliant effluent spread, resulting in seepage into drains or waterways.

    When done right, applying effluent directly to land is a good and safe way to repurpose this waste as a nutrient source for soils. Done badly, it can be devastating to the environment – harming fish and other aquatic life, and turbo-charging weed growth.

    The Kaikōura Flats area is particularly vulnerable to runoff, as it’s surrounded by drains.

    If you are applying effluent on your land, effluent management must be covered in your Farm Environment Plan.

    Other key tips include:

    • ensure effluent stays at least 20 metres away from waterways and drains
    • check weather conditions beforehand to avoid discharge during or shortly after rainfall
    • stay within the capabilities of your soil, and the conditions of your consent.

    We can advise you on how to do it right. Remember, breaking the rules could result in prosecution, including fines of tens of thousands of dollars.

    Our Farmers’ hub page has more information about effluent spread and how to do it safely or call our offices on 0800 324 636 and ask for Pete Bradshaw, one of our land management advisors in Kaikōura. Pete is happy to chat with you directly and answer any questions you may have.

    ‘Til next month,

    Andrew

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: NZTA confirms preferred option for second Mt Vic Tunnel and SH1 upgrades

    Source: New Zealand Government

    The NZ Transport Agency (NZTA) Board has confirmed next steps on the SH1 Wellington Improvements Road of National Significance (RoNS), including an expanded package to reduce Wellington’s gridlock and support economic growth, Transport Minister Simeon Brown says. 

    “Our Government is committed to delivering a second Mt Victoria Tunnel for Wellington to reduce congestion and unlock national and regional economic growth. I’m pleased to see the NZTA Board confirm the next steps for this RoNS to deliver on this commitment, including the addition of a duplicate Terrace Tunnel that will further boost productivity and enable people and freight to get to where they want to go, quickly and safely.  

    “SH1 through Wellington is heavily congested at peak times, with forecast population growth across the region expected to increase travel demand across the network. Without improvements to this critical route, within ten years the region could be looking at travel time increases of up to 50 per cent between Ngauranga and the Airport. 

    “We campaigned on delivering a second Mt Victoria Tunnel and upgrades to the Basin Reserve as a RoNS. The option endorsed by the NZTA Board includes a second Mt Victoria Tunnel that will run parallel to the existing tunnel, a duplicate Terrace Tunnel, and upgrades to the Basin Reserve that will reduce travel times and improve reliability for commuters on the North-South bus corridor.

    “These improvements will result in significant travel time savings during peak times, reducing travel times from the northern suburbs to the CBD, hospital, and airport by approximately 10 minutes.  

    “Commuters in the capital will see a significant benefit in time savings from these upgrades. Those travelling on the number one bus between Island Bay and the Railway Station are forecast to save 9 minutes during morning peak times, while those on the number two bus between Miramar and the CBD will notice a saving of 11 minutes on their journeys,” Mr Brown says.

    The project will be consented as a single corridor, with the project delivered in stages. 

    “After consideration of all options by the NZTA Board, I’m confident that the chosen option will significantly reduce congestion and provide more efficient and reliable access as we continue to rebuild the economy.  

    “The RoNS projects previously built by National are some of New Zealand’s most successful State Highway corridors, reducing congestion and improving safety. Moving at pace to build a new generation of RoNS signals our Government’s focus on prioritising investments that deliver real value to commuters and businesses.” 

    The SH1 Wellington Improvements RoNS will now move through an investment case which will be completed to be brought back to the NZTA Board in mid-2025.                                                                                                       

    MIL OSI New Zealand News

  • MIL-OSI Australia: Man charged over high range drink driving, Sidmouth

    Source: Tasmania Police

    Man charged over high range drink driving, Sidmouth

    Tuesday, 5 November 2024 – 1:45 pm.

    A 56-year-old Kelso man has been charged with drink driving offences after being intercepted by police on the Batman Highway, Sidmouth this morning.
    Police received several calls from members of the public reporting the man was driving dangerously in a black Holden Statesman.
    He was intercepted by police about 8:30am and reportedly returned a reading of 0.276 after being breath tested – five and a half times the legal limit.
    The man was arrested, charged, and bailed to appear in court in December.
    Police would like to hear from anyone who witnessed the manner of driving around this time. Please call George Town Police on 131 444 and quote ESCAD 00005705112024.
    Relevant dashcam or other footage can be uploaded to the Tasmania Police evidence portal at https://taspol.au.evidence.com/axon/community-request/public/00005705112024.
    This incident highlights how police and the community can work together to support road safety.
    To report dangerous driving, call police on 131 444 or Triple Zero (000) in an emergency.

    MIL OSI News

  • MIL-OSI Australia: ASEAN-Australia Centre inaugural Advisory Board appointments

    Source: Australian Government – Minister of Foreign Affairs

    Today, I am pleased to announce the inaugural Advisory Board of the ASEAN-Australia Centre.

    The establishment of the ASEAN-Australia Centre was announced by Prime Minister Anthony Albanese at the ASEAN-Australia Special Summit and commenced operations earlier this year.

    The Centre replaces the Australia-ASEAN Council and will strengthen people-to-people links, increase ties with national cultural institutions, support emerging leaders, drive business engagement, and deepen Australia’s trade and investment links under Invested: Australia’s Southeast Asia Economic Strategy to 2040.

    The following individuals have been appointed to the Advisory Board of the ASEAN-Australia Centre:

    • Ms Louise Adams, Chief Operating Officer, Aurecon
    • Professor Nicholas Farrelly, Pro Vice-Chancellor, University of Tasmania
    • Professor Sango Mahanty, Crawford School of Public Policy, Australia National University
    • Ms Audra Morrice, chef, author, television presenter and sustainability tourism champion in Southeast Asia and the Pacific
    • Mr Tarun Nagesh, Curatorial Manager, Asian and Pacific Art, Queensland Art Gallery, Gallery of Modern Art
    • Ms Su-Lin Ong, Managing Director and Chief Economist, RBC Capital Markets
    • Professor Sharon Pickering, Vice-Chancellor and President, Monash University
    • Ms Kate Russell, Chief Executive Officer, Supply Nation
    • Ms Hayley Winchcombe, Engagement Manager, Mandala
    • Mr John Hopkins, (ex officio) Managing Director and CEO, Export Finance Australia
    • Ms Michelle Chan, (ex officio) Deputy Secretary and Head of the Office of Southeast Asia, Department of Foreign Affairs and Trade

    The Chair of the Advisory Board will be announced early next year.

    I would like to thank outgoing Chair Mr Glenn Keys AO and board member Ms Caroline Chan for their contributions in advancing the Australia-ASEAN Council’s work.

    MIL OSI News

  • MIL-OSI New Zealand: Oranga Tamariki Oversight Bill passes first reading

    Source: New Zealand Government

    Legislation to strengthen oversight of the Oranga Tamariki system has passed its first reading in Parliament today, Social Development and Employment Minister Louise Upston says.

    “These changes will build on New Zealand’s current child protection system by clarifying the roles and responsibilities of the agencies that oversee it, including greater advocacy and independence.”

    The Oversight of Oranga Tamariki System Legislation Amendment Bill will make the Independent Children’s Monitor an Independent Crown Entity and replace the Children and Young People’s Commission’s five-member board structure with a sole Children’s Commissioner.

    The Monitor will be led by a board of three members with current Chief Executive, Arran Jones remaining in his role from 1 July 2025 to 30 June 2026 to oversee and support the organisation’s transition.

    Current Chief Commissioner of the Children and Young People’s Commission Board, Dr Claire Achmad, also will be re-appointed for a period of one year from 1 July 2025, to serve as the sole Children’s Commissioner.

    “Dr Achmad is a well‑respected voice for children and young people. Having her as the Children’s Commissioner will ensure their interests and concerns will continue to be heard,” Louise Upston says.

    “We want it to be crystal clear to young people and their families that the Children’s Monitor is independent and separate from government.

    “These changes address some of the findings in the final report of the Abuse in Care Royal Commission of Inquiry. As the Human Rights Commission noted in that report, a Children’s Monitor that is not completely independent of government will struggle to gain the public trust necessary to address past failures.”

    Notes on Oversight of Oranga Tamariki System Legislation Amendment Bill

    • Under the Oranga Tamariki Act 1989, the Oranga Tamariki system includes several government agencies that are responsible for providing services or support to children, young people, and their families and whānau.  
    • This includes Oranga Tamariki – Ministry for Children, Police, the Ministries of Health, Social Development, Education, and Justice, and the Department of Corrections.
    • The Children and Young People’s Commission Act 2022 established the Children and Young People’s Commission, equipping it with the functions, duties, and powers to protect and advocate for the interests and wellbeing of all children and young people over 18 and under 25 years old who are in care or have been in care or custody.
    • The Oversight of Oranga Tamariki System Act 2022 established the Independent Children’s Monitor as the independent monitoring agency of the Oranga Tamariki system and appointed the Ombudsman to investigate issues and handle complaints that relate to services of support delivered by Oranga Tamariki or other care and/or custody providers.
    • The Bill does not propose any changes to the roles and responsibilities of the Independent Children’s Monitor, the Children’s Commissioner, or the Ombudsman (in relation to complaints that relate to children and young people). 
    • The cost of implementing these changes will be met by reallocating existing funding.

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Satellite payload items selected by Security Bureau and disciplined services on display at Hong Kong Space Museum from tomorrow (with photo)

    Source: Hong Kong Government special administrative region

         The Security Bureau (SB), together with the disciplined services and auxiliary forces under it, will hold a six-day exhibition at the Hong Kong Space Museum foyer starting tomorrow (November 6). The exhibition will showcase the cultural and creative items which were carefully selected to be carried by the country’s Shijian-19 satellite during its recent space mission, with a view to enhancing the sense of national pride among members of the public and deepening their understanding of the disciplined and auxiliary services.
          
         The Secretary for Security, Mr Tang Ping-keung, earlier officiated at the unboxing ceremony held at the Central Government Offices, during which he presented the items and space payload certificates to the heads of the respective services. Mr Tang said it was an honour to be invited to participate in the national space programme involving the country’s first reusable and returnable test satellite, which successfully accomplished its return mission. This marks a significant breakthrough in key technologies in aerospace, demonstrating the nation’s remarkable progress in the area of space exploration. The payloads also symbolised the spirit of the disciplined services in embracing the pursuit of dreams and innovation while dedicating themselves to safeguarding Hong Kong.
          
         The cultural and creative items and promotional materials selected by the SB include a national security-themed comic, which is a testimony to the importance the SB has attached to safeguarding national security. As one of the main characters of the comic, Security Bear was also given special equipment to join the journey to space, further promoting national security education and helping children understand the importance of national security from a young age in a fun way. Given the promotion of the Sha Tau Kok Frontier Closed Area tourism is also a key initiative of the SB, and a series of promotional items featuring the cultural characteristics of Sha Tau Kok were chosen for the space journey.

         Other meaningful items were selected by the disciplined and auxiliary services, including the mascots of different services, such as Little Grape from the Hong Kong Police Force (HKPF) and Mini Bean from the Junior Police Call; a teddy bear from Customs Yes of the Customs and Excise Department (C&ED); Captain Gor from the Rehabilitation Pioneer Leaders of the Correctional Services Department (CSD); AMSER from the Auxiliary Medical Service (AMS), as well as other items such as samples of a passport and identity card of the Hong Kong Special Administrative Region, a publication of the Fire Services Department (FSD) , an album, a flag and framed items.

         The Shijian-19 satellite was launched on September 27 and returned safely on October 11. The payload items of the disciplined and auxiliary services came from the HKPF, the C&ED, the Immigration Department, the CSD, the FSD, the Government Flying Service, the AMS, the Civil Aid Service and the Hong Kong Auxiliary Police Force.   

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: NSW Government launches Australia’s first operational Seasonal Drought Forecast

    Source: New South Wales Government 2

    Headline: NSW Government launches Australia’s first operational Seasonal Drought Forecast

    Published: 5 November 2024

    Released by: Minister for Agriculture


    The Minns Labor Government’s groundbreaking drought forecasting system will make its debut in this month’s State Seasonal Update, published online today.

    The Government is committed to growing and protecting the state’s primary industries and assisting farmers prepare for and better understand drought is a key goal.

    The innovative online web-based tool will provide essential insights for farmers and other key agricultural stakeholders across NSW, allowing them to make informed decisions for drought preparedness, produce production and management.

    The new service will provide vital insights for farmers and other key agricultural stakeholders allowing them to make better informed decisions for drought preparedness and management.

    The forecast uses rainfall and temperature data from the Bureau of Meteorology’s seasonal forecast in the existing Enhanced Drought Information System (EDIS) to generate the most likely drought status for up to three months ahead. 

    The drought forecast will be provided along with valuable information about the certainty of the forecast and its historical performance, allowing users to better anticipate and prepare for potential drought conditions.

    The drought forecast is underpinned by extensive scientific evaluation of its accuracy over the past 40 years of overlapping observations and model runs.

    Future enhancements to the forecast will include location-based information and interactive online tools for accessing data.

    The NSW Government remains committed to drought preparedness, by working with communities and our agricultural industry to safeguard the State against the effects of drought. 

    To view the operational Seasonal Drought Forecast, please visit this website

    To view the October State Seasonal Update, please visit this website  

    Minister for Agriculture Tara Moriarty said:

    “The Minns Labor Government is committed to empowering NSW farmers with innovative technology and resources to tackle climate challenges, ensuring sustainable practices and food supplies for future generations.

    “The launch of this seasonal drought forecast is a significant step forward in our ability to support farmers across NSW.

    “By providing timely information, we can help our agricultural community prepare for and respond to the challenges of drought.

    MIL OSI News

  • MIL-OSI: Global Strategy: Fergus Kane Leads DIGZAX in Shaping the Future of Crypto Finance

    Source: GlobeNewswire (MIL-OSI)

    ARVADA, Colo., Nov. 04, 2024 (GLOBE NEWSWIRE) — Recently, the internationally renowned cryptocurrency exchange DIGZAX announced its global expansion strategy aimed at penetrating emerging markets and enhancing its business coverage and international influence. This initiative marks the further commitment of DIGZAX to the international market while showcasing its success in strategic positioning and market operations. As the heart of this expansion strategy, Fergus Kane, the founder and CEO of DIGZAX, has once again become a focal point in the industry.

    Fergus not only possesses a robust financial background but is also a pioneer in the realm of cryptocurrency. He graduated from Harvard University, and later achieved significant success at top financial institutions such as Goldman Sachs and JPMorgan on Wall Street. However, he did not confine himself to traditional finance; instead, he keenly recognized the vast potential within crypto finance.

    After extensive research into the blockchain and cryptocurrency sectors, Fergus identified numerous pressing issues facing cryptocurrency exchanges. In response, he decided to establish DIGZAX, a user-centric trading platform that emphasizes security and compliance. Since its inception in 2019, DIGZAX has rapidly secured a significant position in the global market, thanks to its innovative technology applications and high-quality user experience.

    According to the recently announced global expansion plan of DIGZAX, the platform will first solidify its leadership in the Asia-Pacific market before gradually extending its reach into Latin America. Fergus stated that both regions are experiencing rapid growth in their cryptocurrency user bases, presenting immense market potential. DIGZAX intends to establish a solid business foundation in these markets through stringent compliance measures and flexible operational strategies.

    This strategy not only reflects the global vision of DIGZAX but also underscores its keen attention to emerging markets. By deeply exploring these regional markets, DIGZAX aims to provide users with a more diversified range of services, ensuring it maintains a leading position in the fiercely competitive cryptocurrency landscape.

    For Fergus Kane, DIGZAX is not merely a cryptocurrency trading platform; it is a bridge that helps more people safely and conveniently enter the world of crypto finance. Throughout its global expansion, DIGZAX has consistently prioritized user experience as its core objective. Whether it involves the continuous optimization of platform features, the promotion of user education, or rigorous compliance management, Fergus and his team are dedicated to creating an efficient and secure trading environment, ensuring that more potential investors can confidently engage with the crypto market and fully enjoy the growth dividends of the industry.

    In addition to business expansion, Fergus particularly emphasized the importance of industry knowledge dissemination. He believes that users can only better participate and benefit from crypto finance when they truly understand its operational mechanisms and underlying values. Consequently, DIGZAX plans to further strengthen market education in the future, helping more investors grasp the relevant knowledge of cryptocurrencies. Through this initiative, DIGZAX aims to provide users with a safe and robust path to market participation, maximizing their potential returns.

    With the rapid development of the cryptocurrency market, Fergus Kane and the DIGZAX exchange have emerged as industry leaders. Through precise market insights, cutting-edge technology applications, and a user-centered service philosophy, DIGZAX is swiftly rising to become a frontrunner in the global crypto finance sector. With its global expansion plan, DIGZAX will continue to drive industry innovation, creating greater value and opportunities for users.

    Media Contact:

    Full company name: DIGZAX BLOCKCHAIN DEVELOPMENT INC

    Company website: https://www.digzax.co

    Contact Person: Darma

    Email id: support@DIGZAX.co

    Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/645f4f0f-608a-424c-9d2e-50837f5090e2

    The MIL Network

  • MIL-OSI Economics: Q&A: Default and Loss Data by ADB and Other MDBs

    Source: Asia Development Bank

    Article | 05 November 2024
    Read time: 5 mins

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    On 10 October 2024, ADB published a comprehensive report detailing its sovereign default and loss rates over a 34-year period. This report, made in keeping with ADB’s commitment to data transparency, shows the remarkable credit performance of loans to its developing member countries (DMCs). On 15 October 2024, the GEMs Consortium—a group of 26 multilateral development banks (MDBs) and development finance institutions (DFIs)—published two reports that provide insights on the performance of credit portfolios and credit risk in emerging markets and developing economies (EMDEs) based on the group members’ investment experiences.

    Stephen O’Leary, Head, Office of Risk Management, ADB

    What prompted major MDBs to disclose their proprietary data, such as credit data, to the public?

    Unlike in developed economies, there is a deficit of reliable data on credit performance in the emerging markets where MDBs operate. This leads to misconceptions about the level of risk in those regional debt markets. Therefore, major MDBs have decided to disclose their aggregated detailed default and recovery statistics at a more granular level in response to shareholders’ demand for greater transparency.

    By making their own credit data publicly available, MDBs are empowering private and public investors with valuable insights into the actual creditworthiness indicators of borrowers in developing countries. This information is crucial for investors who often perceive these markets as high risk due to a lack of data. The MDBs are playing a key role in changing this perception.

    How significant are the data being shared?

    The published data have additional granularity which may help refine credit models. Robust credit models are fundamental to lending volume and pricing decisions, capital adequacy assessment, and overall strategic decisions to operate in specific markets. MDB’s private sector data should also catalyze private investors to invest more in emerging markets.

    What are the key insights from the recent GEMs publication of private sector defaults and recoveries?

    To underscore the reliability of the insights, it should first be highlighted that the GEMs report has one of the biggest populations of approximately 2000 private sector defaults. For comparison, the S&P’s Emerging and frontier markets corporate default summary showcases around 500 default instances since 1997.

      The GEMs report reveals that private-sector lending in EMDEs has a historical average default rate of 3.56%, which implies S&P Corporates’ B rating. The annual default rates were surprisingly stable and slightly below the historical average for the past 20 years. The fact that lending in frontier markets did not result in high default rates is a remarkable finding, especially given that the MDBs prioritize development goals over profitability.

    The data also highlight that financials comprise 36% of MDBs and IFIs borrowers, while utilities comprise approximately 14%. The financials have the lowest default rate among all sectors. Such MDBs’ sectoral concentration facilitates credit transmission into the economies of developing countries via financial intermediaries. While lending to renewable energy and sustainable utilities infrastructure simultaneously reduces climate risk.

    What steps has GEMs Consortium taken to improve the data?

    GEMs Consortium continuously improves the data to increase their usability and credibility among investors and stakeholders. The consortium has already updated its methodology documentation, providing detailed explanations of data collection processes and sources. Additionally, GEMs Consortium invests in streamlined data collection technologies to ensure more timely and granular updates, facilitating better decision-making in fast-changing market conditions.

    How can sovereign data disclosures help the borrowers?

    Disclosing sovereign default and recovery data is important as they detail the performance of an MDB sovereign lending in a specific country. Such disclosures should help investors enter cofinancing agreements with an MDB. For example,   ADB’s report on sovereign default and loss rates demonstrates the low credit risk in ADB’s sovereign operations, with an average default rate of 0.54% over the last 34 years and zero new defaults from 2010 to 2021. The data underscore the strength of ADB’s relationship with its developing member countries and the preferred creditor treatment accorded to ADB.

    The recent strides made by MDBs in enhancing credit data disclosures are a testament to their commitment to transparency and accountability. These efforts, when continued, will ensure that stakeholders, including governments, civil society, and the public, have access to reliable and comprehensive data. This, in turn, will contribute to sustainable development and financial stability on a global scale.

    In conclusion, the true utility of data is realized only when there is widespread global awareness of their free availability. While collecting and publishing data are essential steps, effective dissemination is key to maximizing their impact. The MDB community can significantly enhance the development benefits by engaging independent market participants to review, comment on, and utilize credit data. This collaborative approach not only enriches the value of the data but also fosters broader participation, ultimately driving meaningful outcomes.

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    MIL OSI Economics

  • MIL-OSI China: Global firms capitalize on China’s smart, green transformation

    Source: China State Council Information Office

    Jinbao, the mascot of the China International Import Expo (CIIE), and Xiaoxin, a humanoid robot providing inquiry service, are pictured at the media center of the 7th CIIE in Shanghai, east China, Nov. 4, 2024. [Photo/Xinhua]

    Global investors are eyeing fresh opportunities in China as the world’s second-largest economy accelerates its intelligent, green transformation.

    With the seventh China International Import Expo (CIIE) set to open on Tuesday, multiple industry leaders from across the world are gearing up to showcase their latest innovations and technologies, aiming to tap into China’s vast market potential.

    Tapping smarter manufacturing

    Aptiv, a multinational developing automobile parts, made its debut at the seventh CIIE, exhibiting software and hardware products featuring intelligence and electrification.

    “The CIIE provides an excellent platform for enterprises from all over the world to exchange ideas and cooperate,” said Simon Yang, president of Aptiv for China and the Asia Pacific region. He noted that Aptiv hopes to make full use of the CIIE to showcase its innovative solutions.

    The company is committed to its long-term development strategy of “In China for China,” and will continue to increase its investment in the Chinese market while expanding business cooperation with Chinese original equipment manufacturers.

    Aptiv is one of a number of multinationals gathering in Shanghai to test the pulse of China’s smart manufacturing market, which plays an important part in the country’s pursuit of high-quality development.

    Swedish technology company Hexagon has brought its new solutions to help traditional manufacturers become more digital-savvy to this year’s CIIE, including cloud platforms for industrial software and smart quality-testing systems.

    “The company is ready to ride the wave of the country’s pursuit of new quality productive forces, which are high-tech, highly efficient and of a high quality,” said Qin Lei, marketing business partner at Hexagon Manufacturing Intelligence (Qingdao) Co., Ltd.

    Merck Group, Germany’s leading tech company, is showcasing its innovative achievements in the new materials section of the CIIE, which is new to the annual event.

    China’s great market potential, improving business environment and rich talent pool have reinforced Merck’s confidence in its long-term investment in the country, said Marc Horn, executive vice president of Merck and president of Merck China.

    Embracing a greener future

    Entering its seventh year, the CIIE has retained its “New Era, Shared Future” theme, which holds special meaning for Christian Bruch, president and CEO of Siemens Energy AG.

    “I strongly agree with the theme, as it envisions a sustainable and more decarbonized future that requires collaborative efforts from governments, enterprises, customers, partners and the entire supply chains,” Bruch said.

    In his view, China’s dedication to building a modern energy system creates “extensive market opportunities” for global energy technology companies, including Siemens Energy.

    “Together with Chinese customers and partners, we have developed many energy infrastructure projects, continuously invested and expanded our manufacturing capacity in China, in order to meet the growing market demand in China and across the world,” he said.

    Pledging to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, China has been steadfast in accelerating its energy transition. Over the past decade, the share of clean energy in the country’s total energy use has increased 10.9 percentage points, according to the National Energy Administration.

    Dedicated to promoting clean energy in China, Siemens Energy has established 15 manufacturing facilities across the country. It has become an important partner in the country’s energy transition, Bruch said.

    At this year’s CIIE, the company is poised to showcase its cutting-edge decarbonization technologies for the energy sector. Many of its exhibits will be presented for the first time in Asia or China.

    “During the expo, I look forward to meeting and exchanging ideas with partners, building consensus and fostering collaborative development,” Bruch said. “Tackling climate change and driving energy transition is a daunting task that no single country or region can accomplish alone.”

    Bruch’s emphasis on collaboration aligns with China’s increasing global contributions. According to a white paper issued by China’s State Council Information Office in August this year, the country’s wind power and photovoltaic exports helped other countries reduce their carbon dioxide emissions by about 810 million tonnes in 2023.

    Recognizing China’s role in the global energy transition, Bruch highlighted Siemens Energy’s confidence in deepening cooperation with its Chinese partners. “We are fully committed to working together to build a new energy ecosystem that supports China’s dual-carbon goals and fosters sustainable energy development worldwide.”

    MIL OSI China News

  • MIL-OSI China: Foxconn’s planned business headquarters a vote of confidence in mainland market

    Source: China State Council Information Office

    Foxconn, the world’s leading electronics manufacturer, is set to build a new business headquarters in Zhengzhou, central China, in a move the Taiwan company described as “a crucial step” in expanding its presence on the mainland market.

    Analysts say the decision highlights Foxconn’s commitment to investing in the mainland, despite rising global trade protectionism and “decoupling” and “de-risking” rhetoric ratcheted up by certain Western politicians.

    The tech giant recently won a bid for a 2.84-hectare plot at 150 million yuan (about 21.07 million U.S. dollars) in the Zhengdong new district in Zhengzhou, capital of Henan Province, where it plans to build a headquarters focusing on key technology sectors, according to the Zhengzhou Public Resources Trading Center in a recent statement.

    This initiative aligns with Foxconn’s “3+3” strategy targeting electric vehicles, digital health and robotics, along with advancements in artificial intelligence (AI), semiconductors and next-generation communication, the company said.

    Foxconn’s planned headquarters will feature a construction area of approximately 70,000 square meters in its first phase, with an investment of 1 billion yuan. The company has not yet provided a groundbreaking date.

    In a speech at the unveiling ceremony for the new business headquarters in April 2023, Chairman Young Liu emphasized that the headquarters will mark the beginning of a new journey for Foxconn’s strategic industry development on the mainland, and the company’s new businesses are both a response to global market trends and an embrace of the latest wave in technological advancement.

    Henan’s favorable infrastructure and business environment, as well as the collaborative relationship between Foxconn and the local governments, were pivotal factors in the decision to locate the headquarters there, Liu noted.

    Between February and April 2023, Liu visited Henan three times, pledging to “build a new Foxconn” in the province. In July this year, the company signed a strategic cooperation agreement with the Henan provincial government to accelerate projects related to new business ventures.

    Per the deal, Foxconn plans to leverage its expertise in smart manufacturing, along with its global technological capabilities and supply chain resources, to advance projects in the new energy vehicle, energy storage battery, digital healthcare and robotics industries.

    Construction of a trial manufacturing center for new energy vehicles has started at Zhengzhou Airport Economy Zone, with operations expected to commence by the end of the year.

    Foxconn’s increased investment in Henan and its focus on future industries represent a win-win approach, said He Liang, an official with Zhengzhou Airport Economy Zone.

    “We will continue to provide quality service and foster a first-rate business environment that is market-oriented, law-based and internationalized,” He added.

    Henan and Foxconn share a deep bond.

    Foxconn, the principal assembler of Apple iPhones, established operations in the inland province in 2010. By the end of 2023, its Zhengzhou factory spanned around 2.8 million square meters and had recorded 12 consecutive years of growth in industrial output. Over the years, Foxconn has further expanded its footprint across Henan, setting up facilities in cities such as Jiyuan, Hebi and Zhoukou.

    The cooperation has also transformed Henan’s economy, turning the province into a global hub for intelligent terminal manufacturing. From 2016 to 2020 alone, the Zhengzhou factory attracted over 200 related supply chain enterprises to the Zhengzhou Airport Economy Zone, with total investments exceeding 300 billion yuan, according to the zone administration.

    Analysts view Foxconn’s moves as part of a broader bet on emerging industries, such as new energy vehicles, solid-state batteries, robotics, AI and semiconductors — sectors that are likely to shape the future of global manufacturing.

    Song Xiangqing, deputy head of the Commerce Economy Association of China, noted that the company’s increased investment in Henan underscores the opportunities created by the digital economy and technological progress on the mainland, as well as the resilience of its industrial chain and its shift toward high-quality manufacturing.

    The world’s second-largest economy has been steadfastly expanding its institutional opening-up in recent decades, rolling out various policies aimed at achieving high-quality development and offering the rest of the world new growth momentum and opportunities.

    At its third plenum, the 20th Central Committee of the Communist Party of China renewed the country’s commitment to the basic state policy of opening to the outside world and continuing to promote reform through opening-up.

    The commitment to an open economy, paired with its massive domestic market, presents significant opportunities for companies that are aiming to scale up operations in China despite global headwinds.

    In May, U.S. carmaker Tesla began construction on a mega factory in Shanghai to manufacture its energy-storage batteries. In his recent visit to China, Apple CEO Tim Cook also reaffirmed the company’s investment commitment in the country.

    MIL OSI China News

  • MIL-OSI USA: NASA Science, Cargo Launch on 31st SpaceX Resupply Mission to Station

    Source: NASA

    Following a successful launch of NASA’s SpaceX 31st commercial resupply mission, new scientific experiments and cargo for the agency are bound for the International Space Station.
    The SpaceX Dragon spacecraft, carrying more than 6,000 pounds of supplies to the orbiting laboratory, lifted off at 9:29 p.m. EST Monday, on the company’s Falcon 9 rocket from Launch Complex 39A at NASA’s Kennedy Space Center in Florida.
    Live coverage of the spacecraft’s arrival will begin at 8:45 a.m. Tuesday, Nov. 5, on NASA+ and the agency’s website. Learn how to watch NASA content through a variety of platforms, including social media.
    The spacecraft is scheduled to autonomously dock at approximately 10:15 a.m. to the forward port of the space station’s Harmony module.
    The resupply mission will support dozens of research experiments conducted during Expedition 72. In addition to food, supplies, and equipment for the crew, Dragon will deliver several new experiments, including the Coronal Diagnostic Experiment, to examine solar wind and how it forms. Dragon also delivers Antarctic moss to observe the combined effects of cosmic radiation and microgravity on plants. Other investigations aboard include a device to test cold welding of metals in microgravity and an investigation that studies how space impacts different materials.
    These are just a sample of the hundreds of investigations conducted aboard the orbiting laboratory in the areas of biology and biotechnology, physical sciences, and Earth and space science. Such research benefits humanity and lays the groundwork for future human exploration through the agency’s Artemis campaign, which will send astronauts to the Moon to prepare for future expeditions to Mars.
    The Dragon spacecraft is scheduled to remain at the space station until December when it will depart the orbiting laboratory and return to Earth with research and cargo, splashing down off the coast of Florida.
    Learn more about space station activities by following @space_station and @ISS_Research on X, as well as the ISS Facebook, ISS Instagram, and the space station blog.
    Learn more about the commercial resupply mission at:

    NASA’s SpaceX CRS-31

    -end-
    Claire O’Shea / Josh FinchHeadquarters, Washington202-358-1100joshua.a.finch@nasa.gov / claire.a.o’shea@nasa.gov
    Stephanie Plucinsky / Steven SiceloffKennedy Space Center, Fla.321-876-2468stephanie.n.plucinsky@nasa.gov / steven.p.siceloff@nasa.gov
    Sandra JonesJohnson Space Center, Houston281-483-5111sandra.p.jones@nasa.gov

    MIL OSI USA News

  • MIL-OSI Economics: Money Market Operations as on November 04, 2024

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 550,223.53 6.12 5.00-6.50
         I. Call Money 7,899.89 6.41 5.10-6.50
         II. Triparty Repo 396,114.85 6.08 5.41-6.25
         III. Market Repo 145,225.79 6.22 5.00-6.50
         IV. Repo in Corporate Bond 983.00 6.40 6.40-6.41
    B. Term Segment      
         I. Notice Money** 296.85 6.39 6.20-6.50
         II. Term Money@@ 657.00 6.50-6.90
         III. Triparty Repo 790.00 6.21 5.50-6.36
         IV. Market Repo 831.61 6.53 6.35-6.67
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Mon, 04/11/2024 3 Thu, 07/11/2024 74,000.00 6.49
    3. MSF# Mon, 04/11/2024 1 Tue, 05/11/2024 5,231.00 6.75
    4. SDFΔ# Mon, 04/11/2024 1 Tue, 05/11/2024 193,522.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -262,291.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo Thu, 31/10/2024 14 Thu, 14/11/2024 24,697.00 6.49
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    5. On Tap Targeted Long Term Repo Operations Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
    6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
    Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
    Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
    Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
    Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,458.51  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -13,698.49  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -275,989.49  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on November 04, 2024 1,026,975.35  
         (ii) Average daily cash reserve requirement for the fortnight ending November 15, 2024 1,011,562.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ November 04, 2024 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on October 18, 2024 402,348.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/1428

    MIL OSI Economics

  • MIL-Evening Report: What to expect on Election Day: history could be made, or we’re in for a long wait (and plenty of conspiracies)

    Source: The Conversation (Au and NZ) – By Emma Shortis, Adjunct Senior Fellow, School of Global, Urban and Social Studies, RMIT University

    As Americans vote in one of the most important presidential elections in generations, the country teeters on a knife edge. In the battleground states that will likely decide the result, the polling margins between Democrat Kamala Harris and Republican Donald Trump are razor thin.

    These tiny margins, and the general confusion around American politics today, make it impossible to predict the outcome.

    The polls might well be wrong: the electorate may have shifted dramatically since 2020 in ways that will only reveal themselves after the election. The reality is we do not know much of anything for sure, and we may never be able to untangle all of the threads that make up the knot of American politics.

    After two assassination attempts on Trump and incumbent President Joe Biden’s dramatic decision to leave the race in August, it is entirely possible this election will throw up more big surprises. But as things stand, there are three broad possibilities for what will happen on Election Day.

    All of them throw up their own challenges – for the United States, and for the world.

    Possibility 1: the return of Trump

    Trump may make history and win back the White House. Only Grover Cleveland has managed to get elected a second time as president (in 1892) after suffering a defeat four years earlier.

    If Trump does win, it could be via a similar path to the one he took in 2016 – by once again sundering the “blue wall” and winning the battleground states of Pennsylvania, Wisconsin and Michigan.

    This feat will likely mean his campaign tactic of mobilising men has worked.

    A Trump victory would represent the culmination of a generational project of the American right. A second Trump administration would be very different from the first – the movement behind Trump is more organised, focused and cognisant of the mistakes of the first Trump White House. It would also face considerably weakened democratic guardrails.

    The implementation of Trump’s radical agenda, alongside some or all of the broader far-right agenda detailed in the Heritage Foundation’s Project 2025, would radically reshape American life and create political and economic chaos.

    The rest of the world would have to reorient itself, once again, around Trump.

    Possibility 2: Harris makes history

    It is entirely possible Harris makes history – not only by beating Trump, but by becoming the first woman and woman of colour to win the US presidency.

    Like Trump, if Harris does win, it will likely be through one or more of the battleground states – in particular, Pennsylvania and Georgia.

    For Harris, victory will likely come via high turnout by women and voters of colour, particularly African-Americans, or through a combination of turnout by this core Democratic base and swing voters in key states like Pennsylvania.

    How Harris wins – and by how much – will be crucial, both to the immediate aftermath of the election and to the shape of a future Harris administration.

    A big question: can she win by enough to head off resistance by Trump and the movement behind him? As Australian writer Don Watson has noted, a Harris victory would likely be taken as an existential defeat by the MAGA movement.

    How Trump’s supporters react to such a defeat – and how US institutions react to their reaction – will be a critical test for American democracy.

    Possibility 3: too close to call

    This brings us to the third possibility: the polls are correct, and it’s such a tight race that the margins in the battleground states are in the thousands of votes, or even less.

    If it is that close, counting could take days. And there could be recounts after that.

    While conspiracies abound, a delay in the result like this would be an entirely predictable and normal outcome. In the United States, there isn’t one system for counting the votes; elections are run by the states on a county-by-county basis, and each state does it differently.

    Pennsylvania and Wisconsin, for example, legally can’t start counting mail-in votes until the polls open on Election Day.

    Then there is the supposed “blue shift” or “red mirage” that sometimes occurs on election night.

    There are now many ways to vote in the US – in person on Election Day, early voting before Election Day or by mail-in ballot. And the time it takes to count these different ballots can vary. So, it may appear as if one candidate is winning early in the night (say, when in-person votes are counted) only for their opponent to slowly turn the tide (when mail-in ballots are counted).

    In the 2020 election, this meant early Trump (“red”) leads were gradually lost to the Biden (“blue”) votes. Researchers found that counties won by Biden counted more slowly, on average, than those won by Trump – hence the so-called “blue shift”.

    This is an entirely normal – and legal – phenomenon. In Nevada, for instance, state law permits mail-in ballots to be counted four days after Election Day, so long as they were postmarked by Election Day.

    Trump and his surrogates like Steve Bannon, however, have exploited the differing times it takes to count votes to peddle baseless conspiracy theories, undermining Americans’ faith in their own democracy, and to incite unrest.

    By baselessly declaring victory in 2020 on the early “red mirage” tallies in key states before all the votes were counted, Trump was able to create what Bannon described as a “firestorm” – one that eventually led to the insurrection of January 6 2021.

    This could very well happen again. Bannon, in fact, has just been released from prison after serving four months for contempt of Congress, and could once again be a driving force in any post-election challenges by the Trump campaign.

    Trump, meanwhile, lied again this week when he said “these elections have to be, they have to be decided by 9 o’clock, 10 o’clock, 11 o’clock on Tuesday night” – laying the groundwork for further election conspiracies.

    Delays are normal – but fraught

    Trump has made it very clear he will not accept another election loss. If he does lose, he or his surrogates will attempt to weaponise similar conspiracy theories again. They may also use legal challenges to vote counts as they did in 2020 – both to contest the result and to once again mobilise the MAGA movement.

    In the event of close margins, it’s also possible some states will go to a recount.

    There are different rules for this in different states. To take one example, if the margin is within 0.5% in Georgia, a candidate can request a recount.

    In the 2020 presidential election, Biden narrowly defeated Trump in Georgia by 0.25%, which triggered a full hand recount of the votes. The Associated Press declared Biden the winner of the state more than two weeks after Election Day. A second recount was later reconfirmed by Georgia Secretary of State Brad Raffensperger.

    Again, this is a normal part of the process. It ensures all votes are counted accurately and the result reflects the democratic will of the American people as best as the (admittedly, deeply flawed) system allows.

    Such a delay, legitimate as it would be, would elevate the already very real risk of further political violence and instability in the United States.

    None of these outcomes is inevitable. 2024 is not 2020; nor is it 2016. What happens next in America depends on the movement and interplay of so many tangled threads, it is impossible to see where old ones end and new ones might begin.

    In all of this, only one thing is certain. Whatever the result – and however long it takes to come through – the divisions and conspiracy theories that have destabilised American politics for so long will not be easily or quickly resolved. That knot may well prove impossible to untangle.

    Emma Shortis is Director of the International and Security Affairs program at The Australia Institute, an independent think tank.

    ref. What to expect on Election Day: history could be made, or we’re in for a long wait (and plenty of conspiracies) – https://theconversation.com/what-to-expect-on-election-day-history-could-be-made-or-were-in-for-a-long-wait-and-plenty-of-conspiracies-242598

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Name release, fatal crash, SH1, Marton

    Source: New Zealand Police (District News)

    Police can now release the names of the two people who died following a crash on State Highway One near Marton on Tuesday 15 October.

    They were 65-year-old Peter John Neilson from Howick and 53-year-old Sahim Ali from Palmerston North.

    Our thoughts are with their families at this difficult time.

    Enquiries into the circumstances of the crash are ongoing.

    ENDS

    Issued by Police Media Centre
     

    MIL OSI New Zealand News

  • MIL-OSI Australia: Total Fire Ban for the Mallee

    Source: Victoria Country Fire Authority

    The first Total Fire Ban (TFB) for the fire season has been declared for the Mallee region tomorrow, Wednesday, 6 November 2024.

    Tomorrow’s conditions will be hot and windy across the state, with extreme fire danger in the Mallee expecting temperatures of up to 39 degrees, while the remainder of Victoria will reach mid to high thirties.

    Elevated fire danger will be driven by hot northerly winds of up to 50km/hr ahead of a south westerly wind change that will cross the state by late afternoon. Wind gusts could reach close to 80km/hr through central parts of Victoria and up to 90km/hr around elevated ranges.

    A Total Fire Ban means no fire can be lit in the open air or allowed to remain alight from 12.01am to 11.59pm on the day of the Total Fire Ban. 

    CFA Chief Officer Jason Heffernan said the TFB has been declared due to the expected conditions across the Mallee but urges all Victorian residents to be aware of local forecasts.

    “Tomorrow’s conditions will make it difficult for firefighters to supress a fire should one start,” Jason said.

    “We’re asking people to follow the strict conditions associated with the Total Fire Ban declaration.

    “Understand the how the increased fire risk will impact you and ensure your fire plan covers all possible contingencies.”

    Last Sunday, 3 November saw CFA respond to nearly 70 grass and scrub fires, with many igniting from dry lightning and private escaped-burn offs.

    “We saw a band of lightning move across the state over the weekend that caused wide-range concerns, and some of those fires took a great deal of resources and time to extinguish,” Jason said.

    “The potential for dry lightning and the wind change forecast for tomorrow is a key factor, and one that both CFA members and local residents need to be aware of.

    “We’re asking people in the Mallee to take action now, and for those coming off a long weekend to ensure their campfires and private burn-offs are properly extinguished before leaving the area.

    “Understand the conditions and what fires are going on around you, remain vigilant, and be ready to activate or modify your fire plan with ample time.”

    Victorians can find out if it is a Total Fire Ban on the CFA website www.cfa.vic.gov.au, where it is usually published by 5pm the day before a Total Fire Ban.

    For more information on what you can and can’t do visit the Can I or Can’t I page on the CFA website. 

    Victorians should also make sure they have access to more than one source of information.

    They include:

    • ABC local radio, commercial and designated radio stations of Sky News
    • The VicEmergency App
    • The VicEmergency website www.emergency.vic.gov.au
    • The VicEmergency Hotline on 1800 226 226
    • CFA or VicEmergency Twitter or Facebook
    Submitted by CFA media

    MIL OSI News

  • MIL-OSI Asia-Pac: SFST promotes Hong Kong’s status as international asset and wealth management and risk management centre in Switzerland (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Financial Services and the Treasury, Mr Christopher Hui, started his visit to Zurich, Switzerland, yesterday (November 4, Zurich time) to promote Hong Kong’s status as an international asset and wealth management and risk management centre.

         Mr Hui in the morning met with the Chief Executive Officer, Corporate Solutions, Swiss Re Group, Mr Ivan Gonzalez, and the Chairman of the Board of Zurich Insurance Group, Mr Michel M Liès, respectively. During the exchanges with these two world-leading insurance services and risk-solution providers, Mr Hui updated them on Hong Kong’s latest initiatives as announced in “The Chief Executive’s 2024 Policy Address (Policy Address)” to further strengthen Hong Kong’s position as a global risk management centre. The initiatives include reviewing the risk-based capital regime implemented in July 2024 and examining the capital requirements for infrastructure investment to enrich insurance companies’ asset allocations for risk diversification, and drive investment in infrastructure; as well as continuing to invite Mainland and overseas enterprises to establish captive insurers in Hong Kong. 

         Hong Kong is currently home to around 160 insurance companies. It has the largest concentration of insurance companies and the highest insurance density in Asia.    

         Mr Hui had a lunch meeting with the Swiss-Hong Kong Business Association (SHKBA), one of the members of the Federation of Hong Kong Business Associations. Mr Hui shared with SHKBA members the huge scale and diversified investment opportunities of Hong Kong’s asset and wealth management business, adding that the city welcomes investors and family offices around the world.      

         At another gathering with leaders of a multinational financial service provider, Mr Hui briefed them on the enhancements proposed in the Policy Address that further strengthen Hong Kong’s status as an asset and wealth management hub. Hong Kong will consult the industry on increasing the types of transactions eligible for tax concessions for funds and single family offices to cover emission derivatives/emission allowances, insurance-linked securities, loans and private credit investments, virtual assets, etc. He also updated participants that the Government’s issuance of green bonds has been attracting strong interest from local and international investors. So far a total of HK$220 billion in government green bonds have been successfully issued, including a diverse array of bonds – retail, institutional, and tokenised – across multiple currencies and tenors.

         On the same day, Mr Hui met with the Head of Bilateral Cooperation, Swiss National Bank, Ms Lena Lee Andresen, to discuss issues of mutual concern such as the global trend of monetary policies. 

         Mr Hui also visited the headquarters of Gategroup, and met with their Chief Financial Officer, Mr Urs Schwendinger. Gategroup is a market-leading inflight caterer with a global presence, including Hong Kong. Noting that Hong Kong is an international aviation hub with continuous development of the Airport City, Mr Hui welcomed Gategroup to further expand their business in the city.  
        
         Mr Hui will depart for Geneva in the morning of November 5 (Zurich time) to continue his visit in Switzerland.                     

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Temporary suspension of LCSD’s Mobile Library 5, 10 and 11 services

    Source: Hong Kong Government special administrative region

    Temporary suspension of LCSD’s Mobile Library 5, 10 and 11 services
    Temporary suspension of LCSD’s Mobile Library 5, 10 and 11 services
    *******************************************************************

         Mobile Libraries 5, 10 and 11 will suspend services during designated periods in November for routine maintenance, a spokesman for the Leisure and Cultural Services Department announced today (November 5).     Mobile Library 5 will suspend services from November 11 to 16. The affected service points are Hin Keng Estate, Kam Tai Court, Mei Tin Estate and Yan On Estate in Sha Tin; Yee Ming Estate and Mang Kung Uk Road in Sai Kung; and Fu Shin Estate and Fu Heng Estate in Tai Po. For enquiries about Mobile Library 5 services, please call 2696 5842.     Mobile Library 10 will suspend services from November 11 to 23. The affected service points are Tsing Tin Playground, Gold Coast and Lung Mun Oasis in Tuen Mun; Tin Yuet Estate and Tin Shui Estate in Tin Shui Wai; Hung Shui Kiu and Fung Cheung Road in Yuen Long; Ching Ho Estate in Sheung Shui; Cheung Wang Estate in Tsing Yi; Kwai Chung Estate in Kwai Chung; and Hoi Lai Estate in Sham Shui Po. For enquiries about Mobile Library 10 services, please call 2450 1857.     Mobile Library 11 will suspend services from November 25 to 30. The affected service points are Cho Yiu Chuen, Kwai Shing West Estate and Kwai Shing East Estate in Kwai Chung; Po Tin Estate in Tuen Mun; Sun Chui Estate in Sha Tin; Easeful Court in Tsing Yi; and Tin Wah Estate in Tin Shui Wai. For enquiries about Mobile Library 11 services, please call 2479 1055.     Readers are welcome to use other public libraries during the service suspension periods. They may also renew library materials by telephoning 2698 0002 or 2827 2833, or via www.hkpl.gov.hk.

     
    Ends/Tuesday, November 5, 2024Issued at HKT 12:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: $100 Million ADB Loan to Strengthen Armenia’s Fiscal Sustainability and Financial Markets Development

    Source: Asia Development Bank

    MANILA, PHILIPPINES (5 November 2024) — The Asian Development Bank (ADB) has approved an €89.47 million ($100 million equivalent) policy-based loan as Subprogram 2 of Armenia’s Fiscal Sustainability and Financial Markets Development Program.  

    The reforms promoted under this programmatic approach, supported by ADB in partnership with Agence Française de Développement, strengthen Armenia’s fiscal management and deepen its financial markets. These reforms align with Armenia’s national strategy to enhance governance, promote economic stability, and accelerate climate action.

    Government reforms under Subprogram 2 promote critical objectives of fiscal reform, including improved multi-year budget planning and procurement governance, and strengthened public debt, fiscal risk, and public investment management. In addition to fiscal governance reforms, the program also supports the establishment of liquid money markets, facilitates greater investor confidence, and enhances corporate transparency and governance.  

    Armenia’s climate change action policy commitments will also be enabled by key program reform efforts to embed adaptation and mitigation concerns and environmental policy objectives in public financial management systems and in financial sector policy.

    “The reforms will stimulate the financial sector and access to finance, positioning Armenia as a more robust economy resilient to external risks,” said ADB Director General for Central and West Asia Yevgeniy Zhukov.  

    Subprogram 2 builds on the successful implementation of Subprogram 1 and aims to reduce fiscal vulnerabilities and bolster investor confidence in its financial and capital markets.

    “This program is a vital step in promoting fiscal effectiveness and bolstering Armenia’s capacity to manage fiscal risks and public investments effectively, creating foundations for sustainable growth,” said ADB Principal Financial Sector Economist João Farinha-Fernandes.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics