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  • MIL-OSI Asia-Pac: Department of Agriculture & Farmers’ Welfare has released the Operational Guidelines of Central Sector Scheme “NAMO DRONE DIDI”

    Source: Government of India (2)

    Department of Agriculture & Farmers’ Welfare has released the Operational Guidelines of Central Sector Scheme “NAMO DRONE DIDI”

    Government has approved the Central Sector Scheme ‘Namo Drone Didi’ for providing Drones to the Women Self Help Groups under DAY-NRLM, with an outlay of Rs. 1261 Crores

    The scheme aims to provide drones to 14500 selected Women SHGs during the period from 2024-25 to 2025-2026 for providing rental services to farmers for agriculture purpose

    Posted On: 01 NOV 2024 12:04PM by PIB Delhi

    The Government has approved the Central Sector Scheme ‘Namo Drone Didi’ for providing Drones to the Women Self Help Groups (SHGs) under DAY-NRLM, with an outlay of Rs. 1261 Crores. The scheme aims to provide drones to 14500 selected Women SHGs during the period from 2024-25 to 2025-2026 for providing rental services to farmers for agriculture purpose (application of liquid fertilizers and pesticides for the present). The Department of Agriculture & Farmers’ Welfare has released the Operational Guidelines this scheme and all the stakeholders have been requested to make meaningful use of these operational guidelines to ensure prompt roll out and implementation of the ‘Namo Drone Didi’ Scheme. The major components of the operational guidelines are as under:

    The Scheme will be governed at the Central level by the Empowered Committee of the Secretaries of Department of Agriculture & Farmers’ Welfare, Department of Rural Development, Department of Fertilizers, Ministry of Civil Aviation and Ministry of Women and Child Development.

    The Implementation and Monitoring Committee headed by the Additional Secretary, Department of Rural Development and having representation from all other stakeholders will be  responsible for effective planning, implementation and monitoring of the scheme and it will provide overall advice and guidance to all technical matters related to the implementation of the scheme.

    Under the scheme, a Central Financial Assistance @ 80% of the cost of drone and accessories/ancillary charges up to a maximum of ₹ 8.0 lakhs will be provided to the women SHGs for purchase of drones as a package.

    The Cluster Level Federations (CLFs) of SHGs/SHGs may raise the balance amount (total cost of procurement minus subsidy) as loan under National Agriculture Infra Financing Facility (AIF). Interest subvention @ 3% on the AIF loan will be provided to the CLFs/SHGs.

    The CLFs/SHGs shall also have the option to access loans from other sources/programmes/schemes of Ministry of Rural Development. 

    Under the scheme, not only the drones but, drones as a package will be supplied.  The package will consists of basic drone with spray assembly for spraying liquid fertilizers and pesticides, Drone carrying box, standard battery set, downward facing camera, dualchannel fast battery charger, battery charger hub, anemometer, pH meter and 1 year onsite warranty on all items.

    The package also includes 04 spare battery sets, one spare propeller set (each set contains 6 propellers), nozzle set, dual channel fast battery charger, battery charger hub, 15 days training for drone pilot and drone assistant, one year comprehensive insurance, 2 years annual maintenance contract and applicable GST. The additional sets of batteries will ensure continuous drone flying which can easily cover 20 acres in a day.

    One of the members of the women SHGs will be selected for 15 day training comprising of mandatory drone pilot training and additional training for agriculture purpose for nutrient and pesticide application. The other member/ family member of the SHG with inclination to take up repairs of electrical goods, fitting and mechanical works will be trained as drone assistant. The drone manufacturers shall provide these trainings as a package along with the supply of drones as per the training schedule indicated in the Operational Guidelines.

    The Lead Fertilizer Companies (LFCs) responsible for the States will be the implementing agencies of the scheme at the State level and they will establish necessary coordination with the State Departments, Drone manufacturers, Cluster Level Federations of SHGs/SHGs  and the farmers/beneficiaries etc. The drones will be procured by the LFCs through a fair and transparent process and the ownership of drones will be placed with the CLF of SHGs or SHGs.

    Implementation of the scheme hinges on rightful selection of the area/cluster and SHG group where there is demand for drone to provide agriculture services. As the introduction of drones in agriculture is at nascent stage, the States will closely monitor the interventions, provide handholding support to the women SHGs and help them in getting the business to cover an area of at least 2000 to 2500 acres in a year. The State Departments of Agriculture & State Mission Directors of DAYNRLM will have a very strong convergence and they will take the ownership of the scheme for its successful implementation at the ground level with the help of State Level Committee.

    Effective monitoring of the scheme will be through an IT based Management Information System (MIS) i.e. Drone Portal which will act as endto-end software for service delivery and monitoring, funds flow and disbursement of funds. The portal will also track operations of each drone and provide live information on drone usage.

    It is envisaged that the initiatives under the scheme will provide sustainable business and livelihood support to SHGs and they would be able to earn additional income for them. The scheme will help in infusing advance technology in agriculture for improved efficiency, enhanced crop yield and reduced cost of operation for the benefit of farmers.

    *****

    SS

    (Release ID: 2070029) Visitor Counter : 5

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Robust Growth in Production of Key Minerals and non-ferrous Metals in the First Half of FY 2024-25

    Source: Government of India

    Posted On: 01 NOV 2024 11:32AM by PIB Delhi

    Production of some key minerals in the country has continued to witness strong growth during FY 2024-25, after reaching record production levels in FY 2023-24. Iron ore account for about 70% of the total MCDR mineral production by value. Production of iron ore was 274 million metric tonne (MMT) in FY 2023-24.

    As per provisional data, production of iron ore has increased from 128 MMT in FY 2023-24 (April-September) to 135 MMT in FY 2024-25 (April-September), showing a healthy 5.5% growth. Production of manganese ore has risen by 6.2% to 1.7 MMT in FY 2024-25 (April-September) from 1.6 MMT during the corresponding period of previous year.  

    In the non-ferrous metal sector, primary aluminium production in FY 2024-25 (April-September) posted a growth of 1.2% over the corresponding period last year, increasing to 20.90 lakh ton (LT) in FY 2024-25 (April-September) from 20.66 LT in FY 2023-24 (April-September). During the same comparative period, refined copper production has grown by 4.6% from 2.39 LT to 2.50 LT.

    India is the 2nd largest aluminium producer, among top-10 producer in refined copper and 4th largest iron ore producer in the world. Continued growth in production of iron ore in the current financial year reflects the robust demand conditions in the user industry viz. steel. Coupled with growth in aluminium and copper, these growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery.

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    ST

    (Release ID: 2069999) Visitor Counter : 22

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Prime Minister condoles passing away of Indian Economist and Chairman of Economic Advisory Council Dr. Bibek Debroy

    Source: Government of India (2)

    Posted On: 01 NOV 2024 11:09AM by PIB Delhi

    The Prime Minister, Shri Narendra Modi has condoled the passing away of Indian Economist and Chairman of Economic Advisory Council to the Prime Minister, Dr. Bibek Debroy.   

    The Prime Minister posted on X:

    “Dr. Bibek Debroy Ji was a towering scholar, well-versed in diverse domains like economics, history, culture, politics, spirituality and more. Through his works, he left an indelible mark on India’s intellectual landscape. Beyond his contributions to public policy, he enjoyed working on our ancient texts, making them accessible to the youth.”

     

    Dr. Bibek Debroy Ji was a towering scholar, well-versed in diverse domains like economics, history, culture, politics, spirituality and more. Through his works, he left an indelible mark on India’s intellectual landscape. Beyond his contributions to public policy, he enjoyed… pic.twitter.com/E3DETgajLr

    — Narendra Modi (@narendramodi) November 1, 2024

     

    ***

    MJPS/TS

    (Release ID: 2069978) Visitor Counter : 72

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Shri Piyush Goyal concludes successful visit to Kingdom of Saudi Arabia, strengthening India-Saudi Arabia economic ties at the 8th Edition of Future Investment Initiative

    Source: Government of India (2)

    Shri Piyush Goyal concludes successful visit to Kingdom of Saudi Arabia, strengthening India-Saudi Arabia economic ties at the 8th Edition of Future Investment Initiative

    Shri Piyush Goyal  co-chaired the 2nd Ministerial Meeting of the Economy and Investment Committee under the India-Saudi Strategic Partnership Council (SPC) along with Minister of Energy, Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz bin Salman Al-Saud

    Posted On: 01 NOV 2024 11:07AM by PIB Delhi

    Union Minister of Commerce and Industry, Shri Piyush Goyal, successfully concluded his visit to the Kingdom of Saudi Arabia. During the visit, Shri Piyush Goyal participated in the Plenary Session of the 8th Edition of Future Investment Initiative (FII), with representatives from global Governments and the industry. He highlighted the critical role of international partnerships and economic diplomacy in fostering global cooperation, innovation, technological advancement, and investment. He urged global investors to seize emerging opportunities in India, particularly in high-growth sectors such as artificial intelligence, renewable energy, digital infrastructure, and advanced manufacturing.

    Shri Piyush Goyal also co-chaired the 2nd Ministerial Meeting of the Economy and Investment Committee under the India-Saudi Strategic Partnership Council (SPC) along with Minister of Energy, Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz bin Salman Al-Saud on 30th October 2024 in Riyadh. The Strategic Partnership Council was established in 2019, following the visit of the Hon’ble Prime Minister Shri Narendra Modi to the Kingdom of Saudi Arabia in October 2019.

    The Committee reviewed the progress achieved by the four Joint Working Groups: Agriculture and Food Security; Energy; Technology and Information Technology; and Industry and Infrastructure. They noted the deepening of bilateral economic partnership between India and Saudi Arabia and deliberated on ways to enhance trade and investment.

    The Minister held fruitful ministerial engagements in Riyadh, including with the Minister of Energy, Minister of Industry and Mineral Resources and Minister of Investment. These engagements focused on collaborative initiatives in trade, energy, and technology. These discussions culminated in a series of actionable agreements, aimed at enhancing trade volumes and facilitating a smooth flow of investments between the two countries. The agreements emphasise cooperation in energy transition, digital transformation, and the exchange of expertise to accelerate economic growth.

    Shri Piyush Goyal also met with Mr. Peter Herweck, CEO of Schneider Electric and Mr. William E. Ford, Chairman and CEO of General Atlantic, to discuss India’s economic landscape and investment opportunities across sectors.

    In recent years, many bilateral agreements have been formalised between India and Saudi Arabia, covering sectors such as food exports, pharmaceuticals, electrical interconnectivity, energy, small and medium enterprises, digitization and electronic manufacturing. Both countries are also exploring collaboration in emerging fields like fintech, new technologies, energy efficiency, clean hydrogen, textiles, mining, etc. The Committee Meeting reviewed these developments and reaffirmed their commitment to advancing cooperation across various areas of shared interest.

    Later in the day, Minister Shri Piyush Goyal interacted with the Institute of Chartered Accountants of India (ICAI) chapter in Saudi Arabia and emphasized the role of chartered accountants in supporting India’s expanding global trade network. Discussions highlighted ICAI’s efforts to promote Indian standards globally, including initiatives to upskill professionals and bolster India’s position in global financial services.

    The Minister launched the Lulu Wali Diwali Festival at the Lulu Hypermarket by lighting a Big Diya made with LED, furthering India-Saudi cultural and economic ties. The Diwali Utsav, organised in partnership with Lulu Hypermarket, brings the festive spirit of India’s Festival of Lights to Saudi Arabia, showcasing an array of Indian products, from festive decor and traditional foods to handicrafts. The launch was followed by unveiling of a giant product wall comprising 10,000+ Indian products including Ghee from Uttarakhand, Ladakh Apple, Indian Cavendish banana, Dragon Fruit from Maharashtra, new range of Millets based breakfast cereals, and Qaadu Organic beauty products.

    At the Indian Embassy in Riyadh, the Minister unveiled the One District, One Product (ODOP) Wall, featuring unique products from various districts across India. The ODOP initiative, part of the Government of India’s “Vocal for Local” campaign, aims to promote regional craftsmanship by showcasing the rich cultural heritage of India through distinctive, high-quality products.

    This visit marks a significant milestone in strengthening the strategic partnership between India and the Kingdom of Saudi Arabia. It underscores both nations’ commitment to deepening economic ties and addressing global challenges through collaborative efforts. The outcomes of the discussions are expected to unlock new avenues for investment and trade, driving economic growth and innovation in both countries.

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    AD/CNAN

    (Release ID: 2069975) Visitor Counter : 81

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: INDIAN ARMY SPECIAL FORCES CONTINGENT DEPARTS FOR INDONESIA FOR JOINT EXERCISE ‘GARUD SHAKTI’

    Source: Government of India

    Posted On: 01 NOV 2024 10:47AM by PIB Delhi

    The Indian Army contingent comprising 25 personnel departed for Cijantung, Jakarta, Indonesia to take part in the 9thedition of India-Indonesia Joint Special Forces Exercise GARUD SHAKTI 24.  The Exercise will be conducted from 1stto 12thof November 2024. 

    The Indian contingent is being represented by troops from The Parachute Regiment (Special Forces) and Indonesian contingent comprising 40 personnel is being represented by Indonesian Special Forces Kopassus.

    The aim of Exercise GARUD SHAKTI 24 is to acquaint both the sides with each other’s operating procedures, enhance mutual understanding, cooperation and interoperability between the Special Forces of both armies.  The Exercise is designed to develop bilateral military cooperation and strengthen bond between two armies through conduct of discussions and rehearsal of tactical military drills.

    The Exercise will involve planning and execution of special operations, orientation to advance special forces skills, sharing of information on weapon, equipment, innovations, tactics, techniques & procedures. Joint Exercise GARUD SHAKTI 24 will also involve jointly practicing Special Forces Operations in Jungle terrain, strikes on terrorist camps and a Validation Exercise integrating basic and advance special forces skills apart from gaining an insight into the lifestyle and culture of both countries to foster military cooperation.

    The Exercise will provide an opportunity to both the contingents to strengthen their bond and share best practices. It will also act as a platform to achieve shared security objectives and foster bilateral relations between two friendly nations.

    *****

    SC

    (Release ID: 2069969) Visitor Counter : 17

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Prime Minister condoles passing away of Jammu & Kashmir MLA, Shri Devender Singh Rana

    Source: Government of India (2)

    Posted On: 01 NOV 2024 9:14AM by PIB Delhi

    The Prime Minister, Shri Narendra Modi has condoled the passing away of Jammu & Kashmir MLA, Shri Devender Singh Rana.   

    The Prime Minister posted on X:

    “Shri Devender Singh Rana Ji’s untimely demise is shocking. He was a veteran leader, who worked diligently towards Jammu and Kashmir’s progress. He had just won the Assembly polls and had also played a noteworthy role in making the BJP stronger in J&K. In this hour of grief, my thoughts are with his family and supporters. Om Shanti.”

     

    Shri Devender Singh Rana Ji’s untimely demise is shocking. He was a veteran leader, who worked diligently towards Jammu and Kashmir’s progress. He had just won the Assembly polls and had also played a noteworthy role in making the BJP stronger in J&K. In this hour of grief, my… pic.twitter.com/ohmAFJ8UJl

    — Narendra Modi (@narendramodi) November 1, 2024

     

    ***

    MJPS/TS

    (Release ID: 2069954) Visitor Counter : 54

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Sep retail sales drop 6.9%

    Source: Hong Kong Information Services

    The value of total retail sales in September, provisionally estimated at $29.6 billion, decreased 6.9% compared with the same month in 2023, the Census & Statistics Department announced today.

    After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales for the month was 8.7% lower year-on-year.

    Of the total retail sales value in September, online sales accounted for 10.4%. Provisionally estimated at $3.1 billion, the value of online retail sales decreased 11.8% compared with a year earlier.

    The value of sales of commodities in supermarkets dropped 1.1% in September year-on-year.

    There were also declines in sales in the following categories: electrical goods and other consumer durable goods not elsewhere classified (-7.6%); jewellery, watches and clocks, and valuable gifts (-17.9%); food, alcoholic drinks and tobacco (-3.2%); wearing apparel (-8.7%); medicines and cosmetics (-2.5%); commodities in department stores (-11.4%); motor vehicles and parts (-26.7%); fuels (-8.6%); furniture and fixtures (-14.4%); footwear, allied products and other clothing accessories (-3.8%); Chinese drugs and herbs (-17.7%); and optical shops (-10.6%).

    By contrast, the value of other consumer goods not elsewhere classified increased by 2.9% in September over a year earlier. Sales of books, newspapers, stationery and gifts rose 20.3%.

    The Government said that the near-term performance of the retail sector will still be affected by the change in consumption patterns of residents and visitors.

    Nevertheless, an improved outlook for the Mainland economy following the recent introduction of a wide range of stimulus measures, and a possible easing of the Hong Kong dollar alongside the US dollar with the commencement of the US interest rate cut, will be conducive to boosting sentiment and supporting spending.

    In addition, the central government’s various measures benefitting Hong Kong, the Hong Kong Special Administrative Region Government’s various initiatives to boost market sentiment and increasing employment earnings will also benefit the retail sector.

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Prime Minister meets President to convey Diwali greetings

    Source: Government of India

    Posted On: 31 OCT 2024 10:46PM by PIB Delhi

    The Prime Minister, Shri Narendra Modi has met President Smt Droupadi Murmu and conveyed Diwali greetings.  

    The Prime Minister’s Office posted on X:

    “PM Narendra Modi met President Droupadi Murmu and conveyed Diwali greetings.”

     

     

    ***

    MJPS/TS

    (Release ID: 2069938) Visitor Counter : 42

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Prime Minister meets Vice President to convey Diwali greetings

    Source: Government of India

    Posted On: 31 OCT 2024 10:45PM by PIB Delhi

    The Prime Minister, Shri Narendra Modi has met Vice President Shri Jagdeep Dhankar and conveyed Diwali greetings.  

    The Prime Minister’s Office posted on X:

    “PM Narendra Modi met Vice President Shri Jagdeep Dhankhar Ji and conveyed wishes on Diwali. 

     

     

    ***

    MJPS/TS

    (Release ID: 2069937) Visitor Counter : 9

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI Security: U.S. Naval Hospital Okinawa and Expeditionary Medical Facility Bravo are Rendering Assistance

    Source: United States Navy (Medical)

    Camp Foster, Expeditionary Medical Facility (EMF) Bravo Okinawa, Japan, 29 October 2024. In November 2021, BUMED adopted the “Charlie Mike” signal flags to convey our posture of “Rendering Assistance” to our warfighters. These flags convey that we are keeping our warfighters in the fight and ensuring they are operationally ready for that next mission. In Semaphore, Rendering Assistance is communicated by an Answer Pennant and two Flags — “Charlie” and “Mike.” These signal flags will help guide us forward as we continue to deliver operational medical capabilities to our Sailors and Marines. – Navy Medicine

    Navy Medicine was one of the critical lines of effort for the Keen Sword 25 Exercise. Keen Sword is the latest in a series of joint-bilateral field training exercises designed to increase combat readiness and interoperability of JSDF and U.S. forces. The U.S.-Japan alliance is built on shared interests and values and a commitment to freedom and human rights. Both countries are focused on ensuring regional peace and security in the Indo-Pacific region, including building new partnerships, and strengthening multilateral cooperation. Service members from the U.S. Navy, Marine Corps, Army, Air Force, Space Force, and Coast Guard will conduct training with their JSDF counterparts alongside Australian and Canadian partners throughout mainland Japan, Okinawa prefecture, and its surrounding waters. U.S. Pacific Fleet

    An EMF is designed to be a mobile medical facility that can conduct medical operations like an actual hospital. They have operating rooms, lab capabilities, radiology, and ICUs. The EMF Bravo Triad is made up of the Commanding Officer, Capt. Ian Fowler, Executive Officer Capt. Shannan Rotruck, and Command Master Chief Shannon Bia. EMF Bravo’s deployment for Keen Sword 2025 reinforces the commitment to operational readiness and the enduring U.S.-Japan alliance, which is crucial to maintaining peace and stability in the Indo-Pacific region. EMF Bravo provides medical support to the warfighter. EMF Bravo ensures that U.S. forces are medically ready and can provide care in any environment, from combat casualty care to humanitarian assistance. EMF Bravos’ role enhances interoperability with Japan Self-Defense Forces (JSDF) and other allied forces, ensuring seamless medical support in joint operations.

    EMF Bravo is a Combat-Ready Medical Force. The unit is a critical asset, ready to support military operations by providing medical support anytime, anywhere, ensuring the health and readiness of our forces. EMF Bravo provides support for Joint and Multinational Exercises. The team’s participation in Keen Sword 2025 demonstrates the ability to operate alongside Japanese and other allied medical teams, showcasing the ability to provide seamless care in joint operations. EMF Bravo is prepared for a wide range of contingencies, including combat medical support, disaster response, and humanitarian assistance.

    The exercise generated a lot of media interest. Local Japanese news outlets were eager to be involved in a media event that gave both Japanese and U.S. reporters and broadcasters unfettered access to the EMF leadership and subject matter experts responsible for coordinating the efforts. The press asked many questions, and everyone who witnessed the seamless integration of the JSDF and U.S. health services knew that in the event of an emergency, natural disaster, or other contingencies, the Japanese and U.S. military and civilian population would receive the most advanced and capable military healthcare delivery in the world!

    The continuum of care brought the U.S. Naval Hospital Okinawa into the exercise, which simulated a mass casualty scenario incorporating planning to move injured personnel from Role 2 to Role 3. A prolonged mass casualty scenario then opens up third—and fourth-order effects that lead to a bed expansion plan that transforms the Multi-Service Ward. The constant demand for blood products triggers a blood request, activating a walking blood bank.

    These combined exercises allow multiple organizations to come together, and each apply practice to purpose pointing out areas that work well and teams excel, as well as finding areas of concern that can then be targeted for training and reassessment long before the real-world need occurs. The Japanese Self-Defense Force (JSDF) did just that throughout the Keen Sword event. When you walked through the controlled chaos of EMF Bravo you quickly noticed that there were more than one group working together in complete unison. The JSDF and U.S. personnel were working together elbow to elbow to save lives. It did not matter what force or nationality they came from once Navy Medicine received them at EMF Bravo the patient would then begin to transition through the patient triage and diagnostic process. EMF Bravos’ deployment for Keen Sword 2025 reinforces the commitment to operational readiness and the enduring U.S.-Japan alliance, which is crucial to maintaining peace and stability in the Indo-Pacific region.

    The U.S. Navy Medicine Readiness and Training Command Okinawa (USNMRTCO) supports the Defense Health Agency’s U.S. Naval Hospital, Okinawa (USNHO) as the largest OCONUS Navy Medicine medical treatment facility and stands at the ready to respond to contingency operations to support the INDOPACOM region. It is a critical regional asset for direct care delivery, regional referrals, and medical contingency operations. The staff of USNHO understands their vital role as pre-positioned, forward-deployed naval forces within the first island chain, aligned and in support of the joint military commands and operations.

    Trey Savitz, Public Affairs Officer
    U.S. Naval Hospital Okinawa, Japan
    Comm: 011-81-971-7024
    DSN: (315) 646-7024
    isaac.s.savitz.civ@health.mil

    MIL Security OSI –

    January 26, 2025
  • MIL-OSI Video: Press Secretary Karine Jean-Pierre Gaggle Aboard Air Force One

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

    Press Secretary Karine Jean-Pierre gaggle aboard Air Force One en route to Philadelphia, Pennsylvania.

    Air Force One

    https://www.youtube.com/watch?v=ulvCG4p9CC8

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: President Biden Delivers Remarks on his Administration’s Historic Support for Unions

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

    Philadelphia, PA

    https://www.youtube.com/watch?v=lY1BmiyV6rY

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: ICC [FLOOR] Ntaganda case: Appeals Judgment on Reparations, 1 November 2024

    Source: International Criminal Court (video statements)

    https://www.youtube.com/watch?v=O4dq7YWPmrI

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: ICC Ntaganda case: Appeals Judgment on Reparations, 1 November 2024

    Source: International Criminal Court (video statements)

    https://www.youtube.com/watch?v=09_Taz2j86k

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: Hunger Hotspots Report – Press Conference | United Nations

    Source: United Nations (Video News)

    Press conference by Arif Husain, Chief Economist, World Food Programme, and Rein Paulsen, Director of the Food and Agriculture Organization (FAO) Office of Emergencies and Resilience. They briefed reporters virtually on the Hunger Hotspots report.

    —————

    Acute food insecurity is set to increase in both magnitude and severity across 22 countries and territories, according to a new United Nations report. The report warns that the spread of conflict, particularly in the Middle East – coupled with climate and economic stressors – is pushing millions of people to the brink. The report spotlights the regional fallout from the crisis in Gaza which has seen Lebanon engulfed in conflict and warns that the La Niña weather pattern could impact climates through March 2025, threatening fragile food systems in already vulnerable regions.

    Food and Agriculture Organization’s (FAO) Director of Emergencies Rein Paulsen and World Food Programme’s (WFP) Chief Economist Arif Husain briefed reporters today (31 Oct) in New York, via video link.

    The report draws attention to famine in the Zamzam camp in North Darfur and famine risk in other areas of Sudan, the enduring risk of famine in Palestine (Gaza Strip) and the catastrophic levels of acute food insecurity in, Haiti, Mali and South Sudan – warning that without immediate humanitarian action and concerted efforts to overcome severe access constraints and resolve ongoing conflicts, further starvation and death are likely.

    The report – ‘Hunger Hotspots – FAO-WFP early warnings on acute food insecurity’ – issued today by the Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) calls for urgent humanitarian action to save lives and livelihoods and prevent starvation and death in hotspots where acute hunger is at high risk of worsening between November 2024 and May 2025.

    In total, 22 countries/territories are classified as “hunger hotspots”, where high levels of acute food insecurity are expected to further deteriorate due to the combination of conflict, economic instability, and climate shocks during the outlook period. Without immediate intervention, including increased funding for food and livelihoods assistance, hundreds of thousands more people are expected to face starvation in the coming months.

    “The situation in the five hunger hotspots of highest concern is catastrophic. People are experiencing an extreme lack of food and face unprecedented enduring starvation fuelled by escalating conflicts, climate crises and economic shocks. If we are to save lives and prevent acute hunger and malnutrition, we urgently need a humanitarian ceasefire, and to restore access to and availability of highly nutritious food, including reactivating local food production. But this alone is not enough; we need longer-term.

    stability and food security. Peace is a pre-requisite for food security. Without peace and stability, farmers cannot grow food, harvest or sustain their livelihoods. Access to nutritious food is not just a basic need – it is a fundamental human right,” said QU Dongyu, FAO Director-General.

    “Worldwide, conflicts are escalating, economic instability is rising, and climate disasters are becoming the new norm. With more effective political and financial support, humanitarians can and will continue to implement proven and scalable solutions to address hunger and reduce needs over the long term,” said Cindy McCain, WFP Executive Director.

    “It’s time for world leaders to step up and work with us to reach the millions of people at risk of starvation – delivering diplomatic solutions to conflicts, using their influence to enable humanitarians to work safely, and mobilizing the resources and partnerships needed to halt global hunger in its tracks,” Director McCain added.

    The effects of the La Niña weather pattern, anticipated to impact global climates from November 2024 through March 2025, are expected to further exacerbate some of the food crises. While some areas may benefit from improved agricultural conditions, La Niña is likely to cause devastating floods in countries such as Nigeria and South Sudan, while potentially contributing to dry conditions in Somalia, Kenya, and Ethiopian. These extreme weather events threaten already fragile food systems, putting millions at risk of hunger.

    The report stresses that early, targeted action is essential to prevent the further deterioration of the crisis and avert mass hunger-related mortality. FAO and WFP are urging world leaders to prioritize conflict resolution, economic support, and climate adaptation measures to protect the most vulnerable populations from the brink of famine.

    https://www.youtube.com/watch?v=ScgXxC2SwB0

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: Russia/Ukraine: Both continued to receive arms, ammunition & military assistance | United Nations

    Source: United Nations (Video News)

    Briefing by Adedeji Ebo, Director and Deputy to the High representative for Disarmament Affairs (UNODA), on threats to international peace and security.

    —————————–

    The Director of the United Nations Office for Disarmament Affairs (UNODA), Adedeji Ebo, today (31 Oct) told the Security Council both Russia and Ukraine have continued to receive arms, ammunition and other forms of military assistance, and urged all concerned “to refrain from any steps that may lead to further spill over and intensification of the war.”

    Ebo said the armed forces of Ukraine have reportedly received “heavy conventional weapons such as battle tanks, armoured combat vehicles, combat aircraft, helicopters, light calibre artillery systems, missile systems and uncrewed combat aerial vehicles, as well as remotely operated munitions and small arms and light weapons and their ammunition.”

    While Russia has also reportedly received weapons such as uncrewed aerial vehicles, ballistic missiles and ammunition, Ebo highlighted recent reports that refer to “the presence of third party military personnel in the Russian Federation to assist in military operations against Ukrainian forces.”

    https://www.youtube.com/watch?v=xUIi6cqYQWU

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko: The youth of Russia and Uzbekistan are united by common spiritual and moral values

    Translation. Region: Russian Federation –

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

    Dmitry Chernyshenko met with students of Russian universities in Uzbekistan. On the right in the chair is Russian Minister for the Development of the Far East and the Arctic Alexey Chekunkov

    November 1, 2024

    Dmitry Chernyshenko’s speech at a meeting with students of Russian universities’ branches in Uzbekistan

    November 1, 2024

    Dmitry Chernyshenko met with students of Russian universities in Uzbekistan. On the right is Russian Minister for the Development of the Far East and the Arctic Alexey Chekunkov

    November 1, 2024

    Dmitry Chernyshenko held a working meeting with Assistant to the President of the Republic of Uzbekistan Saida Mirziyoyeva

    November 1, 2024

    Assistant to the President of the Republic of Uzbekistan Saida Mirziyoyeva at a working meeting with Dmitry Chernyshenko

    November 1, 2024

    Dmitry Chernyshenko held a working meeting with Assistant to the President of the Republic of Uzbekistan Saida Mirziyoyeva. On the right is the Minister of Russia for the Development of the Far East and the Arctic Alexey Chekunkov

    November 1, 2024

    Dmitry Chernyshenko held a working meeting with Assistant to the President of the Republic of Uzbekistan Saida Mirziyoyeva. On the right is the Minister of Russia for the Development of the Far East and the Arctic Alexey Chekunkov

    November 1, 2024

    Dmitry Chernyshenko visited the Cathedral of the Dormition of the Mother of God. With Metropolitan of Tashkent and Uzbekistan Vikentiy

    November 1, 2024

    Dmitry Chernyshenko visited the Cathedral of the Dormition of the Mother of God. With Metropolitan of Tashkent and Uzbekistan Vikentiy

    November 1, 2024

    Dmitry Chernyshenko visited the Cathedral of the Dormition of the Mother of God. On the right is Metropolitan Vikenty of Tashkent and Uzbekistan and Russian Minister for the Development of the Far East and the Arctic Alexey Chekunkov

    November 1, 2024

    Dmitry Chernyshenko visited the Cathedral of the Dormition of the Mother of God. On the left is Metropolitan Vikentiy of Tashkent and Uzbekistan

    November 1, 2024

    Dmitry Chernyshenko visited school No. 5 in Tashkent

    November 1, 2024

    Dmitry Chernyshenko visited school No. 5 in Tashkent

    November 1, 2024

    Dmitry Chernyshenko visited school No. 5 in Tashkent

    November 1, 2024

    Previous news Next news

    Dmitry Chernyshenko met with students of Russian universities in Uzbekistan. On the right in the chair is Russian Minister for the Development of the Far East and the Arctic Alexey Chekunkov

    Deputy Prime Minister of Russia Dmitry Chernyshenko discussed issues of science, education and youth policy with students and heads of branches of Russian universities in the Republic of Uzbekistan, and also held a working meeting with Assistant to the President of the Republic of Uzbekistan Saida Mirziyoyeva.

    Speaking to students at the branch of the Moscow State Institute of International Relations (University) of the Russian Foreign Ministry, the Russian Deputy Prime Minister emphasized that this year MGIMO celebrates its 80th anniversary. According to the Deputy Prime Minister, the university can rightfully be proud of its graduates, who are in demand not only in Russia and Uzbekistan, but also around the world

    He also recalled that the 16th BRICS summit was recently held in Kazan, in which the President of Uzbekistan Shavkat Mirziyoyev also took part.

    “As Russian President Vladimir Vladimirovich Putin noted, BRICS includes like-minded people, sovereign countries representing different development models, religions, original civilizations, and cultures. All our states advocate equality, good neighborliness, and mutual respect, the affirmation of high ideals of friendship and harmony, and universal prosperity and well-being. Not in words, but in deeds, they demonstrate a responsible attitude toward the future of the world. The youth of Russia and Uzbekistan are united by common spiritual and moral values. Young people of our countries demonstrate a growing mutual interest in creation in the interests of the well-being and prosperity of our countries,” said Dmitry Chernyshenko.

    The Deputy Prime Minister emphasized that a harmoniously developed person today needs not only to gain knowledge, but also to stay in excellent physical shape, and spoke about the “phygital” format and the Games of the Future.

    The event was also attended by the head of the Ministry for the Development of the Russian Far East, Alexey Chekunkov. He gave a lecture on the development of the Far East.

    The Deputy Prime Minister discussed prospects for developing relations between Russia and Uzbekistan in the area of scientific and educational cooperation with the management of branches of Russian universities.

    The participants of the event were also greeted by the Head of the Department of Social Development of the Administration of the President of the Republic of Uzbekistan Odil Abdurakhmanov. The meeting was moderated by the Deputy Minister of Science and Higher Education of the Russian Federation Konstantin Mogilevsky.

    “Our discussion today is dedicated to improving the quality of training for the fast-growing economy of Uzbekistan in the branches of leading Russian universities. We discussed advanced educational practices and prospects for their replication, the contribution of industrial partners and, of course, pre-university training. Productive cooperation between branches and schools is important both in terms of selecting applicants and in terms of their in-depth training in the Russian language and basic subjects,” the deputy minister noted.

    During the working visit, the Deputy Prime Minister met with Assistant to the President of the Republic of Uzbekistan Saida Mirziyoyeva. The parties discussed projects in the field of education, Russian language teaching programs, expansion of scientific cooperation and interaction in the information environment. Dmitry Chernyshenko invited scientists from Uzbekistan to participate in the flagship event of the Decade of Science and Technology in Russia – the Congress of Young Scientists, which will be held this year from November 27 to 29 in Sirius.

    During the visit, Dmitry Chernyshenko assessed the infrastructure of School No. 5, School No. 21 and the IT Park, visited the Cathedral of the Dormition of the Mother of God and held a working meeting with Metropolitan Vikentiy of Tashkent and Uzbekistan.

    All instruction at Tashkent General Education School No. 5 is in Russian. The Deputy Prime Minister inspected the building, talked to the staff, and attended a literature lesson. Following the visit, the Deputy Prime Minister left a commemorative note.

    “Gratitude and admiration to the wonderful staff of School No. 5 with hope for future meetings with you and your graduates on the path to implementing projects of commonwealth and developing relations between the Republic of Uzbekistan and the Russian Federation,” wrote Dmitry Chernyshenko in the book of honored guests.

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

    MIL OSI Russia News –

    January 26, 2025
  • MIL-OSI Russia: NSU and SibNIA create a joint laboratory “Intelligent systems for testing aircraft structures”

    Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    Novosibirsk State University and the Siberian Aviation Research Institute named after S. A. Chaplygin continue their cooperation in the educational and research spheres. At the scientific and production forum “Golden Valley”, which was held from October 31 to November 1 and the main organizer of which was NSU, an agreement was signed to create a joint laboratory “Intelligent systems for testing aircraft structures”. At the first stage, it will be engaged in bench tests of equipment in order to predict possible deformations and breakdowns, in the future, the range of work performed will be expanded – it will also include video analytics, a vibration damping system.

    The laboratory will include students and postgraduates of the Faculty of Information Technology and the Faculty of Mechanics and Mathematics of NSU, as well as employees of partner companies – FAU “SibNIA named after S.A. Chaplygin” FAU (part of the FGBU “Research Center “Institute named after N.E. Zhukovsky”) and JSC TsNIAP “AVIASPETSTEST”, who will act as mentors – a total of 13 people. The head of the laboratory will be Vladimir Berikov, Doctor of Technical Sciences, Senior Researcher at the Institute of Mathematics named after S.L. Sobolev and a lecturer at the Faculty of Information Technology of NSU.

    The laboratory is fully focused on solving applied problems arising during bench tests of aircraft equipment, including the development and creation of modules of the Intelligent Bench Test System for Aircraft Equipment (ISIA) with elements of artificial intelligence; an intelligent operator workstation with connected archives and libraries; intelligent simulators, as well as vibration isolation systems for high-precision instruments and systems.

    — During bench tests of equipment, we will use sensors to collect data streams in our system, use archives and libraries, and analyze all the information received using artificial intelligence systems. Thanks to this, we will be able to predict for what time and what deformations and breakdowns are possible. In this way, we will preserve individual aircraft structures intact, solving the main problem of ground tests, when expensive structures become unusable, — noted Alexander Sychev, Deputy Director of the Center for Interaction with Government Authorities and Industrial Partners of NSU.

    — The organization of a joint laboratory will give a new impetus to the development of methods for testing aircraft structures. I am confident that cooperation with NSU will allow us to significantly advance in the study of the strength of aircraft structures and the subsequent improvement of the test bench base, — commented Alexander Laznenko, head of the research department for fatigue and static strength of aircraft structures at SibNIA.

    At the first stage, the task is to test the capabilities of the intelligent system when testing the main load-bearing parts, and then gradually move on to all parts and units of aircraft structures. What is important is that the integrity of the stand itself will also be monitored, which is also subject to significant loads during testing and may fail.

    The use of artificial intelligence systems and neural networks will not only significantly optimize testing costs, but also reduce the testing time of individual aircraft parts, which can now reach thousands of hours.

    The new laboratory will start operating at NSU this year, and in 2025, a specially equipped site will appear at SibNIA, which will allow NSU students and postgraduates to carry out work directly at the enterprise.

    Another promising area for cooperation between the two organizations is unmanned aircraft systems. Given the developments in this area at NSU and SibNIA, it is planned to create a joint Laboratory of Autonomous and Unmanned Aircraft Systems in the future. In the future, the two laboratories will be combined into the Center for Intelligent Aircraft Systems.

    The Siberian Aviation Research Institute named after S. A. Chaplygin and Novosibirsk State University have been cooperating since 2022, when they began holding a joint seminar on Industrial Mathematics on a regular basis. In 2023, SibNIA and NSU signed an agreement, according to which practical training for students in the field of Computer Systems and Complexes will be organized at the research institute. In August 2024, the two organizations announced plans to create a digital platform for bench testing of aircraft equipment with elements of artificial intelligence within the next two years.

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

    MIL OSI Russia News –

    January 26, 2025
  • MIL-OSI United Nations: UN Petite Forest Network Meeting

    Source: United Nations Economic Commission for Europe

    The UN Petite Forest Network is hosted by the United Nations Economic Commission for Europe (UNECE) in partnership with Earthwatch Europe.

    Join us on 28 November 2024, from 14:30 to 15:30 CET, as we work together to create a greener, more sustainable future for generations to come. All are welcome!

    MIL OSI United Nations News –

    January 26, 2025
  • MIL-OSI Asia-Pac: Asia+ Festival: Asian Ethnic Cultural Performances to showcase diverse cultures of Asian and Belt and Road countries and regions (with photos)

    Source: Hong Kong Government special administrative region

    Asia+ Festival: Asian Ethnic Cultural Performances to showcase diverse cultures of Asian and Belt and Road countries and regions (with photos)
    Asia+ Festival: Asian Ethnic Cultural Performances to showcase diverse cultures of Asian and Belt and Road countries and regions (with photos)
    ******************************************************************************************

         To develop Hong Kong into an East-meets-West centre for international cultural exchange, this year’s Asia+ Festival, presented by the Culture, Sports and Tourism Bureau and organised by the Leisure and Cultural Services Department (LCSD), continues to collaborate with consulates general and overseas cultural organisations in Hong Kong to stage the Asian Ethnic Cultural Performances. The event will take place on November 10 (Sunday), from 2pm to 6pm at the Hong Kong Cultural Centre Piazza and Foyer, where the cultural essence and artistic talent from over 20 Asian and Belt and Road countries and regions will be featured. Admission is free. Members of the public are welcome to join.      The theme for this year’s edition is “Celebration in Splendour”. Through folk music, dance, costume display, handicrafts and special delicacies, the event enables visitors to learn about how people of different nations celebrate milestones and important moments in their lives. Highlights include ethnic dances from Cambodia, Indonesia, Kazakhstan, Kuwait, Laos, Nepal, the Philippines, Russia, Singapore, Sri Lanka, Thailand, Türkiye and Vietnam; as well as traditional musical instrument performances from Kazakhstan, Korea and Kuwait. Of particular note is a 20-plus-member Kuwaiti group who will for the first time fly in to perform a sword dance and Middle East instruments, namely Daf and Mirwas. ​     Members of the public can also enjoy handicraft displays from Bangladesh, Pakistan and other places, and participate in a vast range of workshops such as traditional dance, headgear making, spoon painting, Christmas decoration drawing, paper umbrella painting, and fragrant sachet making. Japanese sake and snacks from Türkiye and Vietnam will also be available at the food stalls on-site for the enjoyment of visitors of all ages. ​     Additionally, an exhibition entitled “Sartorial Splendour – National Costume Exhibition” will be held from November 10 to 17 at the Hong Kong Cultural Centre Foyer. The eight-day exhibition showcases beautiful costumes and accessories that Asian people wear during festive events and celebratory performances. These include wedding attire and ethnic costumes from multiple countries and regions; Kuwait’s wedding attire and headdress; Laos’ Sinh skirts; Bidayuh, Orang Ulu and Dayak attire from the aboriginals in Malaysia; wedding attire from Myanmar; T’boli ethnic costumes from the Philippines; and Ao Dai gowns from Vietnam. There will also be a trial session of traditional Chinese costumes for visitors to deepen their understanding of Chinese culture. ​     Along with the aforesaid live performances and exhibition, the Asian Ethnic Cultural Performances will also offer an online programme recapturing the event highlights, to be broadcast on November 24 on the LCSD’s Community Programmes Office (CPO) website (www.cpo.gov.hk/activity/en-aecp-2024-carnival/). ​     Twenty-three countries and regions will participate in the event, including Hong Kong, China; Macao, China; Bangladesh; Cambodia; Indonesia; Japan; Kazakhstan; Korea; Kuwait; Laos; Malaysia; Mongolia; Myanmar; Nepal; Pakistan; the Philippines; Russia; Saudi Arabia; Singapore; Sri Lanka; Thailand; Türkiye and Vietnam. For more details of the event, please visit the CPO website or call 2591 1340.      The second Asia+ Festival is running from September to November, highlighting the arts and cultures of nearly 30 Asian and Belt and Road countries and regions. Apart from stage programmes, there are also thematic exhibitions, an outdoor carnival, film screenings, outreach activities and more, numbering over 100 in total. For programme enquiries and concessionary schemes, please call 2370 1044 or visit asiaplus.gov.hk/2024/en/.

     
    Ends/Friday, November 1, 2024Issued at HKT 19:35

    NNNN

    MIL OSI Asia Pacific News –

    January 26, 2025
  • MIL-OSI: Energy Systems Group Receives 2024 HIRE Vets Platinum Medallion Award for Excellence in Veteran Hiring and Retention

    Source: GlobeNewswire (MIL-OSI)

    NEWBURGH, Ind., Nov. 01, 2024 (GLOBE NEWSWIRE) — Energy Systems Group (ESG), a leading provider of sustainable infrastructure and energy services, is proud to announce it has received the Platinum Medallion Award in the 2024 HIRE Vets Medallion Program, awarded by the U.S. Department of Labor and U.S. Acting Secretary of Labor Julie A. Su. This prestigious recognition honors ESG’s ongoing commitment to recruiting, hiring, and developing veterans and transitioning service members. ESG has now achieved Medallion recognition for the second consecutive year.

    The HIRE Vets Medallion Program is the only federal program that recognizes employers who successfully recruit, hire, and retain veterans. ESG was among an elite group of companies across the country awarded Platinum status, representing a strong commitment to building a workforce enriched by the skills and experiences of former military personnel.

    “We are honored to receive the prestigious 2024 HIRE Vets Platinum Medallion Award,” said Steve Craig, President of Energy Systems Group. “We are committed to engaging and employing veterans and service members across ESG. Their skills, leadership, and resilience are invaluable to our team, and together, we’re building a dedicated workforce that reflects the values of service to our country.”

    Supporting Veterans Beyond Recruitment

    Since its founding in 1994, ESG has welcomed many veterans and active-duty reservists to its team, including new hires from the Navy, Air Force, and Army. ESG’s support for veterans goes beyond hiring: initiatives include the formation of an employee-led Veteran & Military Resource Group (VMRG), which provides veterans and military members with leadership training and development resources. Through VMRG, ESG offers a forum for veterans to connect, grow, and contribute their unique strengths to ESG’s mission.

    Joe Simonelli, Colonel, U.S. Army (Ret.), ESG’s Department of Defense Engagement Executive and a 2024 finalist for the National Veterans Council’s Distinguished Service Awards, emphasized the impact of ESG’s support for veterans: “Joining ESG has been a seamless transition from military service to a career where my values align with the company’s mission. ESG’s commitment to veterans isn’t just about recruitment; it’s about creating pathways for professional growth and leadership that allow us to continue serving in meaningful ways.”

    ESG’s commitment to veterans is integral to its identity as an employer of choice for veterans entering civilian careers. The range of perspectives, technical expertise, and resilience veterans bring strengthens ESG’s team and deepens its commitment to providing top-tier energy solutions across the nation.

    About Energy Systems Group

    Energy Systems Group (ESG) is a leading sustainable energy solutions provider specializing in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. Energy Systems Group also offers a full range of sustainable infrastructure solutions, including waste-to-energy, distributed generation, and renewable energy.

    For information about ESG careers and how veterans can bring their unique backgrounds to a mission-driven organization, visit EnergySystemsGroup.com/careers.

    About the HIRE Vets Medallion Program:

    The HIRE Vets Medallion Award is earned by businesses that demonstrate unparalleled commitment to attracting, hiring and retaining veterans. The 2025 HIRE Vets Medallion Award application period will open to employers on January 31, 2025. For more information about the program and the application process, visit HIREVets.gov.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1165caf4-b9ec-457c-b164-01237cdf3f32

    The MIL Network –

    January 26, 2025
  • MIL-OSI: Credicorp Ltd.: Credicorp Ltd. to acquire remaining 50% stake in joint venture with Empresas Banmédica

    Source: GlobeNewswire (MIL-OSI)

    Lima, Nov. 01, 2024 (GLOBE NEWSWIRE) — Lima, PERU, November 1st, 2024 – Credicorp Ltd. (“Credicorp”) (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama, announced today that it has reached an agreement to acquire Empresas Banmédica (“Banmedica”)’s 50% interest in the joint venture executed in December 2014 between Pacífico Compañía de Seguros y Reaseguros S.A. (“Pacifico Seguros”) and Banmedica. Closing is subject to regulatory approvals and other customary closing conditions.

    In December 2014, Pacifico Seguros and Banmedica established a joint venture to participate as equal partners in the private medical insurance (referred to as Medical Assistance in Credicorp’s quarterly earnings releases), corporate health insurance for employees and medical services businesses in Peru.

    By virtue of this acquisition, Banmedica will transfer its 50% interest in the private medical insurance business in Peru to Pacifico Seguros. In addition, Banmedica will transfer its 50% interest in Pacífico S.A. Entidad Prestadora de Salud (“Pacifico EPS”), which runs the corporate health insurance for employees and medical services businesses in Peru, to Credicorp’s subsidiary Grupo Crédito S.A.

    Upon completion of the transaction, the partnership will be terminated and Credicorp, through its subsidiaries Grupo Crédito S.A. and Pacifico Seguros, will become the sole owner of both the private medical insurance business and Pacifico EPS. 

    The acquisition strengthens Credicorp’s ability to fulfill its aspiration of creating a more sustainable and inclusive economy by improving insurance and healthcare access, while advancing financial inclusion in Peru. Credicorp is committed to continue investing in technology, expanding its footprint, and improving service delivery standards to ensure Pacifico Seguros and Pacifico EPS remain trusted partners for Peruvian families.

    Following the transaction, customers, policyholders, agents, and other stakeholders will experience seamless continuity, with no disruptions. No changes in terms, service, or policy administration are expected.

    About Credicorp:

    Credicorp (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia, Bolivia, and Panama. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Crédito del Peru (“BCP”) and Banco de Crédito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management & Advisory, through Credicorp Capital, Wealth Management at BCP and ASB Bank Corp.

    About Pacifico EPS

    Pacifico EPS is one of the largest corporate health insurance for employees and medical services providers in Peru, with over one million clients. The company reported a net income of S/ 205 million for 2023, highlighting its robust financial performance.  

    About Pacifico Seguros

    Pacifico Seguros is one of the leading insurance companies in Peru and is part of Credicorp. In 2023 the company reported a net income of S/ 810 million. The company offers a wide range of insurance products, including life, private health, automobile, and property insurance.

    For further information please contact the IR team:
    Investorrelations@credicorpperu.com

    Investor Relations

    Credicorp Ltd.

    The MIL Network –

    January 26, 2025
  • MIL-OSI: Stardust Power Announces Third Quarter 2024 Earnings Release Date, Conference Call

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) — Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced that that it plans to release its third quarter 2024 financial results after market close on Wednesday, November 13, 2024. Roshan Pujari, Founder and Chief Executive Officer and Uday Devasper, Chief Financial Officer will host a conference call at 5:30 pm ET on Wednesday, November 13, 2024 to discuss the Company’s performance.

    Participants may access the call by clicking the participant call link and ask questions: https://register.vevent.com/register/BI636e5a7167ac45fe86b733d151aba0af. Upon registering at the link, you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details. You can also access the call via live audio webcast using the website link to listen in: https://edge.media-server.com/mmc/p/vd7zimt8.

    Participants should log in at least 15 minutes early to receive instructions.

    About Stardust Power Inc.

    Stardust Power is a developer of battery-grade lithium products designed to supply the electric vehicle (EV) industry and bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol “SDST.” For more information, visit www.stardust-power.com

    Stardust Power Contacts

    For Investors:
    Johanna Gonzalez
    investor.relations@stardust-power.com

    For Media:
    Michael Thompson
    media@stardust-power.com

    The MIL Network –

    January 26, 2025
  • MIL-OSI: Applied Materials Announces Q4 and Fiscal 2024 Earnings Webcast

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) — Applied Materials, Inc. will hold a webcast to discuss its fourth quarter and fiscal 2024 financial results on Thursday, Nov. 14, 2024, at 4:30 p.m. ET / 1:30 p.m. PT.

    The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT.

    About Applied Materials
    Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future. Learn more at www.appliedmaterials.com

    Contact:
    Ricky Gradwohl (editorial/media) 408.235.4676
    Liz Morali (financial community) 408.986.7977

    The MIL Network –

    January 26, 2025
  • MIL-OSI United Kingdom: Households urged to check eligibility for winter support schemes

    Source: United Kingdom – Executive Government & Departments

    Cold Weather Payments take effect from today as low-income households set to get £25 during cold snaps.

    • Comes alongside the £150 Warm Home Discount to support eligible customers with energy bills and extension to Household Support Fund

    • Pensioners urged to check eligibility for Pension Credit to claim Winter Fuel Payment

    From 1 November, households receiving certain benefits including Pension Credit could be eligible for extra money to help keep warm during the cold weather until the end of March 2025.

    DWP’s Cold Weather Payments are an automatic bank top-up of £25, triggered to be paid to eligible households when the average temperature has been recorded as, or is forecast to be, zero degrees Celsius or below for seven consecutive days at the weather station linked to an eligible person’s postcode.

    The £25 payments will be paid automatically to households receiving certain benefits including, Pension Credit, Income Support, income-based Jobseeker’s Allowance (JSA), income-related Employment and Support Allowance (ESA), Universal Credit and Support for Mortgage Interest.

    The money will appear in bank statements within 14 days of each seven-day period of very cold weather between 1 November 2024 and 31 March 2025, with the payment reference starting with the customer’s national Insurance number followed by ‘DWP CWP’ for people in England and Wales.

    Minister for Pensions Emma Reynolds said:

    As we head into the winter months, I want to ensure the most vulnerable in our society are getting the support they need, and that’s why we have a range of measures targeted at helping low-income households, such as Cold Weather Payments and the Warm Homes Discount.

    With the dire state of the public finances, we have had to make some tough choices, including means-testing the Winter Fuel Payment so that it goes to those most in need.

    And while these choices were not made lightly, this Government is doing everything it can to ensure maximum take-up of Pension Credit while also continuing to support pensioners through our commitment to the Triple Lock which will mean an increase in the full state pension of up to £1,700 over the next 5 years.

    The £150 Warm Home Discount scheme has also been extended as we continue to stand behind households in, or at risk of, fuel poverty with direct energy bill payments as well as other financial and energy-related support.

    On top of this, struggling households can receive further help with their bills and essential costs through the extension of the Household Support Fund – adding to the six months already announced, an additional £1 billion, including Barnett impact, will be invested to extend this support by a full year, and to maintain Discretionary Housing Payments in England and Wales. 

    Anyone struggling to heat their homes or afford other essential items over the colder months should contact their local council to see what support may be available to them.

    Many councils also use the Fund beyond emergency support, including working with local charities and community groups to provide residents with key appliances, school uniforms, cookery classes, and items to improve energy efficiency in the home.

    Eligible pensioners can also receive up to £300 for the Winter Fuel Payment which is set to land in bank accounts in the next two months. We continue to urge anyone who thinks they may be entitled to Pension Credit to check now.

    This could be worth up to £3,900 a year on average and open the doors to other benefits including help with housing costs, council tax reduction as well as a Winter Fuel Payment, and all eligible Pension Credit claims can be backdated.

    Winter support is part of the government’s wider drive to support vulnerable households with the cost of living, as we continue our work to fix the foundations of the economy.

    This includes working closely with Local Authorities to bring together the administration of Pension Credit and Housing Benefit as soon as operationally possible.

    As confirmed in the budget earlier this week, millions of pensioners will also receive an increase of 4.1 percent to their State Pension, which means the full rate of the new State Pension will rise to over £12,000 a year, while Pension Credit standard minimum guarantee will soon be worth £227.10 a week for a single person and £346.60 for a couple.

    Working age people on Universal Credit, PIP, ESA, and other vital benefits will also see their incomes protected, as they are set to increase by 1.7 percent, ensuring incomes of the most vulnerable aren’t outstripped by inflation.

    More than one million households will get a £420 boost thanks to the introduction of the Fair Repayment rate, a cap the amount that can be cut from benefit payments each month to repay short-term loans and debts.

    The Chancellor has also confirmed a 6.7 percent increase in the National Living Wage to over 3 million workers, which will boost the National Living Wage from £11.44 to £12.21 an hour from April 2025 and will be worth £1,400 a year for an eligible full-time worker. It is a significant step towards delivering the manifesto commitment to make sure the minimum wage is a genuine living wage, helping unlock opportunity and potential in every area of the country.

    The cost of bus travel will also be kept down at £3 for an additional year – saving up to 80% on some routes – to ensure fares remain affordable.

    This Government will continue to provide that safety net for the most vulnerable as it ushers in the biggest reform to employment support in a generation to get people into work and make work pay. This includes by overhauling jobcentres, introducing our employment rights bill, delivering a Youth guarantee so every young person is learning or earning, and new work, health and skills plans to tackle inactivity.

    Additional information

    • The new rates for benefits and the State Pension will apply from 7 April 2025.
    • The Warm Home Discount is applied automatically on energy bills in the majority of cases. If a household believes they are eligible, they should first wait to see if they receive a letter, letters will arrive with households between October and January
    • If they have not received a letter by early January, they should check their energy account to see whether they have received the rebate automatically and, if not, they should contact the Warm Home Discount helpline on 0800 030 9322. Eligibility can be checked on gov.uk: https://www.gov.uk/check-if-youre-eligible-for-warm-home-discount

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    Published 1 November 2024

    MIL OSI United Kingdom –

    January 26, 2025
  • MIL-OSI Video: Myanmar: Frequency and brutality of crimes only increased- Press Conference | United Nations

    Source: United Nations (Video News)

    Press conference by Nicholas Koumjian, Head of the Independent Investigative Mechanism for Myanmar on the situation in Myanmar.

    ——————-

    “Very, very regrettably, the frequency and the brutality of crimes in Myanmar has only increased in the past year,” Nicholas Koumjian, Head of the Independent Investigative Mechanism for Myanmar, said.

    Koumjian spoke to reporters today (31 Oct) in New York, highlighting the concern of the increase in aerial attacks, “which are impacting largely the civilian population and creating terror among the population.”

    “The number of casualties that have been affected by these attacks has increased,” he added.

    The head of the Investigative Mechanism also stressed the systematic use of torture in detention, “the evidence that we have gathered has indicated that detention that torture is used frequently, regularly, and particularly note the very disturbing use of sexual violence and against those who are detained, and that includes against both women and men, people of all genders, of all sexual preferences and people, including against both adults and minors,” he said.
    Moving on to the situation for the Rohingyas refugees, Koumjian said, “they’ve been both victims of collateral damage and directly targeted in attacks.”

    He went on saying, “Frequently they’ve been told to leave their homes, but there really is nowhere for them to go. They cannot cross the border, although some have managed to cross the border into Bangladesh, and Bangladesh has accepted some the borders generally closed. People have to pay bribes to get across into the safety of the refugee camps.”

    The head of the Investigative Mechanism also expressed concerns that much of the evidence shows attacks against the civilian population by the Myanmar military.

    He said, “We’ve seen increasing evidence of very brutal crimes committed by opposition forces, and we’re concerned with that, and we want the message to go out. Our mandate is to collect evidence of the most serious international crimes committed by in Myanmar, and that’s regardless of the ethnicity, religion, political persuasions of either the perpetrators or the victims.”

    “We will collect evidence of crimes committed by opposition forces also if those rise to the level that they fall within our mandate,” the head of the Investigative Mechanism concluded.

    Koumjian is the first Head of the Myanmar Mechanism, which was established by the Human Rights Council on 27 September 2018, and welcomed by the General Assembly on 22 December 2018.

    https://www.youtube.com/watch?v=c-9sKY0Lmkg

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: Ukraine: Independent International Commission of Inquiry – Press Conference | United Nations

    Source: United Nations (Video News)

    Press conference by Erik Mose, Pablo de Greiff and Vrinda Gover, of the Independent International Commission of Inquiry on Ukraine.

    ——-

    According to the United Nations’ Independent International Commission of Inquiry on Ukraine, the “Russian authorities acted pursuant to a coordinated state policy of torturing Ukrainian civilians and prisoners of war. Therefore, in addition to torture as a war crime, they also committed torture as a crime against humanity,” said Erik Mose, a member of the commission, during a press briefing in New York.

    The report highlights violent practices reportedly transported from Russian Federation detention facilities to occupied areas in Ukraine. These included the recurrent use of sexual violence and a division of labor among Russian security forces deployed in Ukrainian territories.

    “This report contains evidence of further common elements, including, first, the transposition of violent practices common in Russian Federation detention facilities to similar facilities in occupied areas of Ukraine,” Mose added. “Second, the recurrent use of sexual violence. Third, the deployment of specific services and security forces from the Russian Federation to the occupied areas they controlled in Ukraine, who acted in a coordinated manner and according to a specific division of labor, and fourth, orders of superiors, as well as an apparent sense of impunity among perpetrators.”

    Vrinda Grover, another commission member, described a pattern of consistent torture methods used in detention facilities, detailing what she called a “replication of practices” aimed at controlling and punishing detainees.
    “Detainees consistently described the use of the same harsh practices in the same sequence, demonstrating the replication of practices of torture,” Grover said. “Testimonies described a brutal so-called admission procedure, harsh practices designed to scare, break, humiliate, coerce, and punish detainees were used routinely. Personnel monitored compliance with their rules through surveillance cameras and imposed severe collective punishment for any breach. Interrogations were accompanied by some of the most violent treatment documented.”

    The Commission of Inquiry, established by the Human Rights Council in March 2022, has been investigating alleged human rights violations in Ukraine amid Russia’s ongoing invasion. Tuesday’s report to the General Assembly marks the Commission’s latest findings to date.

    https://www.youtube.com/watch?v=OQa6fjp1YvA

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: Regional Economic Outlook for Asia & Pacific | October 2024

    Source: International Monetary Fund – IMF (video statements)

    OUT NOW: Read our latest Regional Economic Outlook for Asia and Pacific: Resilient Growth But Higher Risks

    Growth in Asia was resilient in the first half of 2024. As a result, we have upgraded our growth forecast for the region to 4.6% for this year, and to 4.4% for 2025. With this, Asia remains the world’s growth engine, accounting for 60% of global growth this year.

    Learn more: https://www.imf.org/en/Publications/REO/APAC/Issues/2024/10/31/regional-economic-outlook-for-asia-and-pacific-october-2024

    https://www.youtube.com/watch?v=4HZa1FvluLA

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: Lebanon: Attacks against UN troops along “Blue Line” – Peacekeeping Chief Interview | United Nations

    Source: United Nations (Video News)

    At UN Headquarters in New York, Under-Secretary General for Peace Operations Jean-Pierre Lacroix will discuss issues related to the ongoing conflict in Lebanon and continued attacks against UN troops stationed along the so-called ‘Blue Line.’ The interview conducted by the UN’s Director of News & Media, Ian Phillips.

    https://www.youtube.com/watch?v=ppaLS7gVYp8

    MIL OSI Video –

    January 26, 2025
  • MIL-OSI Video: Security Council Programme for November – United Kingdom Presser | United Nations

    Source: United Nations (Video News)

    Ambassador Barbara Woodward, Permanent Representative of the United Kingdom to the UN and President of the Security Council for the month of November 2024 will brief reporters on the programme of work of the Security Council in November 2024.

    https://www.youtube.com/watch?v=zW4B3GkTjEg

    MIL OSI Video –

    January 26, 2025
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