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  • MIL-OSI USA: Markey, Wyden, Merkley, Kaine, Van Hollen and Booker Warn U.N. Cyber Convention Could Justify Spying and Censorship By China, Russia and Other Authoritarian Regimes

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    U.N. Convention Against Cybercrime Lacks Safeguards Against Abuse; Senators Urge Admin To Seek Better Balance To Protect Journalism and Human Rights
    Washington, D.C. – Senator Edward J. Markey (D-Mass.) joined Senators Ron Wyden (D-Ore.), Jeff Merkley (D-Ore.), Tim Kaine (D-Va.), Chris Van Hollen (D-Md.), and Cory Booker (D-N.J.) in urging the Biden Administration to make clear a United Nations cyber convention should not be used to justify censorship, spying and human rights abuses by authoritarian governments like Russia and China, in a letter sent to Secretary of State Antony Blinken, Attorney General Merrick Garland, Commerce Secretary Gina Raimondo and National Security Advisor Jake Sullivan.
    “We fear the Convention will legitimize efforts by authoritarian countries like Russia and China to censor and surveil internet users, furthering repression and human rights abuses around the world,” the Senators wrote. “While the Executive Branch’s efforts to steer this treaty in a less-harmful direction are commendable, more must be done to keep the Convention from being used to justify such actions.”
    The U.N. Convention Against Cybercrime was originally proposed by Russia in 2017 as an alternative to an existing treaty on cybercrime. The U.N. convention is expected to come up for a vote in the U.N. General Assembly as soon as December. 
    A broad array of advocates for journalism, human rights and national security have warned that the convention could be abused by authoritarian regimes to repress political dissent and censor independent reporting, and have urged changes to the measure.  
    The senators thanked the Biden Administration for seeking changes to improve the convention, but warned that the final document does not go far enough to protect journalists, cybersecurity researchers and human rights advocates against surveillance and censorship by authoritarian regimes. 
    “As the UNGA considers the Convention, the United States must not align itself with repressive regimes by supporting a Convention that undermines human rights and U.S. interests,” the lawmakers wrote. “Instead, the United States should lead the charge at the U.N., with allies and partners, for a more balanced and rights-respecting approach to cybercrime. Upholding the values of freedom and human rights is essential not only for U.S. global standing but also for the protection of vulnerable communities worldwide.”
    Read the full letter to the administration HERE.

    MIL OSI USA News

  • MIL-OSI USA: CONGRESSMAN RYAN DELIVERS ON PROMISE OF A GOVERNMENT THAT WORKS FOR ALL, SECURES $30 MILLION OWED TO CONSTITUENTS BY FEDERAL GOVERNMENT

    Source: United States House of Representatives – Congressman Pat Ryan (New York 18th)

    Congressman Ryan Delivers on Promise of a Government that Works for All, Secures $30 Million Owed to Constituents by Federal Government  

     

    Ryan’s team of caseworkers has secured $30 million owed to NY-18 constituents by federal agencies

    WASHINGTON, DC  –  Today, Congressman Pat Ryan announced that his team of expert caseworkers has secured $30 million owed to NY-18 constituents by federal agencies. Cases most commonly involved the Internal Revenue Service (IRS), Social Security Administration, and the Department of Veterans Affairs (VA). Aided in large part by his mobile C.A.R.E.S Van, today’s announcement reflects Congressman Ryan’s prioritization of serving constituents directly and making government assistance easy and accessible.

    “From day one, my top priority has been delivering much-needed economic relief to our neighbors across the Hudson Valley,” said Congressman Ryan. “My team leaves no stone unturned to make sure that Hudson Valley families receive every dollar they deserve. Everyone’s feeling the pressure of making ends meet – we’re helping deliver the extra breathing room families need to finally exhale. If there is absolutely anything my team or I can be helpful with, please do not hesitate to reach out.”

    “I had spent 30 months trying to get my social security benefits and had gotten nowhere,” said Thomas Christopher of Port Jervis. “After contacting Congressman Ryan’s office I was put in touch with Destiny H.who interceded on my behalf and got me results. I cannot thank her enough and am totally sincere when I say that her help changed my life.”

    “For months on end, Middletown Medical was being stonewalled by two health plans for large payments. Their representatives would repeatedly make commitments that payments were on the way, but they never came through, putting Middletown Medical in a significantly difficult position,” said Darcy Shepard, CEO of Middletown Medical. “As soon as we reached out to Congressman Ryan’s office, each immediately met their financial obligations. Middletown Medical is very thankful for the instant financial relief provided by Congressman Ryan’s caseworkers!”

    “We are so grateful for the excellent assistance we received from Congressman Ryan’s office,” said David Friedman of New Paltz. “For two years we have been trying to resolve a problem with the IRS, and because of the intervention of his office, the issue has been properly resolved, and we actually received interest on an amount due from the IRS! It took something special to get this matter looked at and Congressman Ryan’s office provided that!”

    “Congressman Ryan’s team was extremely polite, professional, and emphatic towards my situation as a disabled veteran,” said Middletown veteran Nicholas White. “They contacted me to inform me of everything and what they could do to assist. I was granted 100% P&T disability compensation. My wife and I couldn’t be happier. Thank you!”

    “The Hudson River Sloop Clearwater, an historic Hudson Valley service organization, experienced an unexpected automated action from the IRS that if not resolved quickly could have had very negative consequences. I immediately contacted Congressman Ryan’s office for advice and support,” said David Toman, Executive Director of Hudson River Sloop Clearwater, Inc. “The Congressman’s staff promptly responded to our request for assistance, contacted the IRS Tax Advocate Services on our behalf, and advocated for our need to expedite review and resolution with professional skill. We greatly appreciate the response we received.”

    “For two years after retiring from federal service, I was unable to get my full annuity despite numerous phone calls and written correspondence to the Office of Personnel Management,” said Joseph Curto of Modena. “Congressman Ryan’s Constituent Advocates accomplished in a matter of months what I could not in two years. I am extremely grateful for their assistance.”

    “My 2022 tax return was held up by the IRS for nine months,” said Robert Warhola of Kingston. “I had plans for my refund. The case worker assured me this problem could be resolved in two weeks. As promised, I received my refund electronically. It is nice to see our government working efficiently.” 

    “My elderly brother was admitted to the hospital in need of acute care for 3 weeks and then transferred to a rehab center for a month-long stay to regain his motor skills. He had no insurance and only a pending application for Social Security and Medicare,” said John St. Leger of Poughkeepsie. “We contacted Congressman Ryan’s Office and they were able to have my brother’s application for benefits quickly approved. Without their assistance, particularly Maria Ingrassia, Director of Constituent Services, I’m not sure how our family crisis would have been resolved. Thanks to all of you! What a difference you have made.”

    “Thanks to Congressman Ryan’s office, the IRS finally issued refunds this spring for 2 returns I filed back in 2021,” said Stacy Quinn of Rhinebeck. “ After a very frustrating year of follow up – including an appointment at the IRS regional office in Poughkeepsie, multiple IRS assurances that I would hear back but never did, and a request for help from a senator’s office that was ignored – I was about to lose hope.  Congressman Ryan’s office responded immediately, however, provided frequent updates, and I received the missing refunds in 6 weeks.” 

    “Thank you to Congressman Ryan’s office for your help with obtaining my husband’s insurance policy through the Office of Personnel Management,” said Dutchess County resident Marianne Walker. “I tried to resolve the issue since November 2022, but could not get an answer. After I contacted Congressman Ryan’s office, the problem was resolved within two weeks. Thank you for also keeping in contact with me through the entire process.”

    “I would like to sincerely thank Congressman Ryan’s office for all their assistance with reinstating my disability compensation benefit payments from the Department of Veterans Affairs and retrieving over $15,000.00 in retroactive benefit payments,” said Beacon resident and veteran Christopher Kattis.

    “Representative Pat Ryan stands by his commitments to his constituents, tackling government and Social Security bureaucracy and ensuring that senior citizens in his district are not just a number to be ignored,” said Barbara Myers of Middletown. “After 14 months of frustration with the Social Security Administration for benefits owed to me, Representative Ryan’s office was able to support me and resolve my challenge with Social Security in less than a week.” 

    Congressman Pat Ryan has prioritized serving constituents directly and providing easily accessible casework assistance since taking office. He unveiled his mobile office, the Constituent Advocacy Resources Empowerment Services (C.A.R.E.S.) Van, in the summer of 2023 to bring assistance with federal agencies directly to constituents in their own neighborhoods. In under one year, the C.A.R.E.S. Van visited every one of the 82 municipalities in NY-18, allowing Ryan’s caseworkers to assist nearly 2,000 constituents in their own communities.

    Congressman Ryan has also held numerous resource fairs, connecting constituents with additional services outside of federal agencies and financial aid not included in the $30 million from federal agencies. Most recently, in April, Ryan held a Senior Resource Fair at the Kingston YMCA that connected over 150 Hudson Valley seniors with assistance from dozens of community partners and organizations. Congressman Ryan’s office additionally provides assistance with federal agencies that do not include monetary returns, including assistance with passports, immigration cases, returning lost military medals, securing military and personnel records, and more.

    In addition to the $30 million from federal agencies returned to individual constituents and organizations, Congressman Ryan has also secured major federal funding and grants for local communities, businesses, and organizations, including the $21.7 million RAISE grant for Kingston to restore its waterfront, the largest in the city’s history. Congressman Ryan has also delivered funding for local small businesses and farmers to save money on their energy costs, including a USDA Rural Energy for America Program (REAP) grant for Sheely’s Walden Car Wash to install a solar array and save 72% of its annual energy use. 

    Constituents, businesses, local governments, and organizations interested in casework assistance from Congressman Ryan’s office are encouraged to reach out by calling (845) 443-2930 or here on his website

    ###

    MIL OSI USA News

  • MIL-OSI USA: Reuters: U.S. senators urge overhaul of customs program to stop fentanyl chemical smuggling

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    October 29, 2024

    Prominent U.S. Democratic senators on Tuesday called on the Biden administration to crack down on a popular duty-free customs program after Reuters reporting revealed how drug traffickers use the streamlined entry system to sneak Chinese-made fentanyl chemicals into the country virtually unchecked.

    In a letter addressed to Treasury Secretary Janet Yellen and Homeland Security Secretary Alejandro Mayorkas, the lawmakers urged the agencies to use their statutory authority to prohibit e-commerce shipments from entering the U.S. under the so-called de minimis rule, which allows merchandise valued under $800 to come into the U.S. duty free, and with minimal paperwork and inspections. This customs channel is widely used by retailers and online shopping platforms to ship foreign-made goods directly to U.S. consumers.

    The four lawmakers – Elizabeth Warren of Massachusetts, Sheldon Whitehouse of Rhode Island, Richard Blumenthal of Connecticut, and Sherrod Brown of Ohio – wrote that they were “particularly concerned by reports that drug traffickers are abusing the de minimis exemption to smuggle illicit fentanyl and its precursor chemicals into the United States.” The letter made multiple references to a Reuters investigation of the smuggling tactic published earlier this month.

    Read the full story here.

    By:  Laura Gottesdiener
    Source: Reuters



    Previous Article

    MIL OSI USA News

  • MIL-OSI Russia: Financial news: 10/29/2024, 12-15 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A101MG4 (RossetB1R2) security were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/29/2024

    12:15

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/29/2024, 12-15 (Moscow time), the values of the upper limit of the price corridor (up to 97.95) and the range of market risk assessment (up to 1007.69 rubles, equivalent to a rate of 7.5%) of the RU000A101MG4 (RossetB1R2) security were changed.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74387

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/29/2024, 14-27 (Moscow time) the values of the lower boundary of the price corridor and the range of market risk assessment for the RU000A100YQ0 (Rosnft2P9) security were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/29/2024

    14:27

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on October 29, 2024, 14-27 (Moscow time), the values of the lower limit of the price corridor (up to 75.87) and the range of market risk assessment (up to 724.02 rubles, equivalent to a rate of 13.5%) of the RU000A100YQ0 (Rosnft2P9) security were changed.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74390

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/29/2024, 15-04 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A104SX0 security (RZhD 1P-24R) were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/29/2024

    15:04

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/29/2024, 15-04 (Moscow time), the values of the upper limit of the price corridor (up to 97.21) and the range of market risk assessment (up to 1096.48 rubles, equivalent to a rate of 16.25%) of the security RU000A104SX0 (RZhD 1P-24R) were changed.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74392

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/29/2024, 15:39 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A107PU5 (RZhD 1P-30R) were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/29/2024

    15:39

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/29/2024, 15:39 (Moscow time), the values of the upper limit of the price corridor (up to 93.23) and the range of market risk assessment (up to 1058.48 rubles, equivalent to a rate of 27.5%) of the security RU000A107PU5 (RZhD 1P-30R) were changed.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74394

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: The first all-Russian competition “Capital of Financial Culture” starts on October 29

    Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    Target competition— support the best regional initiatives aimed at improving financial literacy and forming people’s financial culture. Organizers: the Bank of Russia and the Ministry of Finance of Russia.

    Applications from regions for participation are accepted until November 18. The best will reach the final.

    In the final, the regions’ projects will be reviewed by a jury headed by the Chairman of the Bank of Russia Elvira Nabiullina and the Minister of Finance of Russia Anton Siluanov.

    It will also include representatives of the Ministry of Education of the Russian Federation, the Federal Agency for Youth Affairs, the State Duma and the Federation Council, professional associations of market participants, public and scientific organizations.

    The winning region will receive information, expert and methodological support for its future projects. In addition, which is no less important, it will become a platform for various forums and conferences on the exchange of experience and the popularization of financial culture in the country.

    In the future, the competition will be held annually until 2030. The status of “Capital of Financial Culture” is assigned to the administrative center of a constituent entity of the Russian Federation for one year.

    Preview photo: Adriaticfoto / Shutterstock / Fotodom

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.kbr.ru/press/event/?id=21116

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/29/2024, 17:56 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the SU26231RMFS9 security (OFZ 26231) were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/29/2024

    17:56

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 10/29/2024, 17:56 (Moscow time), the values of the upper limit of the price corridor (until 01/13) and the range of market risk assessment (up to 150.78 rubles, equivalent to a rate of 50.0%) of the SU26231RMFS9 security (OFZ 26231) were changed.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74407

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: Four Federal Treasury deposit auctions to be held on 10/30/2024

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    Application selection parameters
    Date of the selection of applications 10/30/2024
    Unique identifier of the application selection 22024557
    Deposit currency rubles
    Type of funds funds of the single treasury account
    Maximum amount of funds placed in bank deposits, million monetary units 410,000
    Placement period, in days 2
    Date of deposit 10/30/2024
    Refund date 01.11.2024
    Interest rate for placement of funds (fixed or floating) FIXED
    Minimum fixed interest rate for placement of funds, % per annum 20.05
    Basic floating interest rate for placement of funds
    Minimum spread, % per annum
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
    Minimum amount of funds placed for one application, million monetary units 1,000
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 09:30 to 09:40
    Pre-applications: from 09:30 to 09:35
    Applications in competition mode: from 09:35 to 09:40
    Formation of a consolidated register of applications: from 09:40 to 09:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 09:40 to 10:00
    Submission of an offer to credit institutions to conclude a bank deposit agreement: from 10:00 to 11:00
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 10:00 to 11:00
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n
    Application selection parameters
    Date of the selection of applications 10/30/2024
    Unique identifier of the application selection 22024558
    Deposit currency rubles
    Type of funds funds of the single treasury account
    Maximum amount of funds placed in bank deposits, million monetary units 350,000
    Placement period, in days 35
    Date of deposit 10/30/2024
    Refund date 04.12.2024
    Interest rate for placement of funds (fixed or floating) FLOATING
    Minimum fixed interest rate for placement of funds, % per annum
    Basic floating interest rate for placement of funds RUONmDS
    Minimum spread, % per annum 0.00
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
    Minimum amount of funds placed for one application, million monetary units 1,000
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 12:30 to 12:40
    Preliminary applications: from 12:30 to 12:35
    Applications in competition mode: from 12:35 to 12:40
    Formation of a consolidated register of applications: from 12:40 to 12:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 12:40 to 13:00
    Submission to credit institutions of an offer to conclude a bank deposit agreement: from 13:00 to 14:00
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 13:00 to 14:00
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

    RUONmDS = RUONIA – DS, where

    RUONIA – the value of the indicative weighted rate of overnight ruble loans (deposits) RUONIA, expressed in hundredths of a percent, published on the official website of the Bank of Russia on the Internet on the day preceding the day for which interest is accrued. In the absence of a RUONIA rate value published on the day preceding the day for which interest is accrued, the last of the published RUONIA rate values is taken into account.

    DS – discount – a value expressed in hundredths of a percent and rounded (according to the rules of mathematical rounding) to two decimal places, calculated by multiplying the value of the Key Rate of the Bank of Russia by the value of the required reserve ratio for other liabilities of credit institutions for banks with a universal license, non-bank credit institutions (except for long-term ones) in the currency of the Russian Federation, valid on the date for which interest is accrued, and published on the official website of the Bank of Russia on the Internet.

    Application selection parameters
    Date of the selection of applications 10/30/2024
    Unique identifier of the application selection 22024559
    Deposit currency rubles
    Type of funds funds of the single treasury account
    Maximum amount of funds placed in bank deposits, million monetary units 20,000
    Placement period, in days 182
    Date of deposit 10/30/2024
    Refund date 04/30/2025
    Interest rate for placement of funds (fixed or floating) FLOATING
    Minimum fixed interest rate for placement of funds, % per annum
    Basic floating interest rate for placement of funds RUONmDS
    Minimum spread, % per annum 0.00
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
    Minimum amount of funds placed for one application, million monetary units 1,000
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 15:30 to 15:40
    Pre-applications: from 15:30 to 15:35
    Applications in competition mode: from 15:35 to 15:40
    Formation of a consolidated register of applications: from 15:40 to 15:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 15:40 to 16:00
    Submission to credit institutions of an offer to conclude a bank deposit agreement: from 16:00 to 17:00
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 16:00 to 17:00
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

    RUONmDS = RUONIA – DS, where

    RUONIA – the value of the indicative weighted rate of overnight ruble loans (deposits) RUONIA, expressed in hundredths of a percent, published on the official website of the Bank of Russia on the Internet on the day preceding the day for which interest is accrued. In the absence of a RUONIA rate value published on the day preceding the day for which interest is accrued, the last of the published RUONIA rate values is taken into account.

    DS – discount – a value expressed in hundredths of a percent and rounded (according to the rules of mathematical rounding) to two decimal places, calculated by multiplying the value of the Key Rate of the Bank of Russia by the value of the required reserve ratio for other liabilities of credit institutions for banks with a universal license, non-bank credit institutions (except for long-term ones) in the currency of the Russian Federation, valid on the date for which interest is accrued, and published on the official website of the Bank of Russia on the Internet.

    Application selection parameters
    Date of the selection of applications 10/30/2024
    Unique identifier of the application selection 22024560
    Deposit currency rubles
    Type of funds funds of the single treasury account
    Maximum amount of funds placed in bank deposits, million monetary units 10,000
    Placement period, in days 2
    Date of deposit 10/30/2024
    Refund date 01.11.2024
    Interest rate for placement of funds (fixed or floating) FIXED
    Minimum fixed interest rate for placement of funds, % per annum 20.05
    Basic floating interest rate for placement of funds
    Minimum spread, % per annum
    Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
    Minimum amount of funds placed for one application, million monetary units 1,000
    Maximum number of applications from one credit institution, pcs. 5
    Application selection form (open or closed) Open
    Application selection schedule (Moscow time)
    Venue for the selection of applications PAO Moscow Exchange
    Applications accepted: from 18:30 to 18:40
    Pre-applications: from 18:30 to 18:35
    Applications in competition mode: from 18:35 to 18:40
    Formation of a consolidated register of applications: from 18:40 to 18:50
    Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 18:40 to 18:50
    Submission to credit institutions of an offer to conclude a bank deposit agreement: from 18:50 to 19:30
    Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 18:50 to 19:30
    Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

    Contact information for media 7 (495) 363-3232PR@moex.com

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74418

    MIL OSI Russia News

  • MIL-OSI Canada: News conference on the National Cyber Threat Assessment 2025-2026 by the Communications Security Establishment Canada and the Canadian Centre for Cyber Security

    Source: Government of Canada News

    News conference on the National Cyber Threat Assessment 2025-2026 by the Communications Security Establishment Canada and the Canadian Centre for Cyber Security.

    Ottawa, Ontario – October 29, 2024 – Media representatives are advised that senior officials from the Communications Security Establishment Canada (CSE) and its Canadian Centre for Cyber Security (Cyber Centre) will be holding a news conference to discuss the National Cyber Threat Assessment (NCTA) 2025-2026.

    The news conference is open to accredited journalists and will be facilitated in person at the National Press Theatre.

    Date: October 30, 2024
    Time: 11:00 am (EST)
    Location: National Press Theatre, Room 325 – 180 Wellington Street, Ottawa, Ontario

    Journalists may request an embargoed copy of the NCTA 2025-2026 from the CSE Media Relations Office. All information will be embargoed until 11:00 am on October 30, 2024.

    Participation in the question and answer portion of this event is in person or via Zoom, and is for accredited members of the Press Gallery only. Media who are not members of the Press Gallery may contact pressres2@parl.gc.ca for temporary access.

    MIL OSI Canada News

  • MIL-OSI Canada: Affirmation of Command Ceremonies in the Pacific Region

    Source: Government of Canada News (2)

    On October 28, 2024, the Correctional Service of Canada (CSC) held an Affirmation of Command Ceremony in the Pacific Region for five institutions:

    October 29, 2024 – Abbotsford, British Columbia – Correctional Service Canada

    On October 28, 2024, the Correctional Service of Canada (CSC) held an Affirmation of Command Ceremony in the Pacific Region for five institutions:

    Warden Attila Turi assumed command of Pacific Institution and Regional Treatment Centre.

    The ceremony reinforces the responsibility of leadership in the role of Warden. It represents the responsibility, authority, and accountability of a correctional leader.

    This ceremony is an important tradition for CSC. It reaffirms the institutional head’s pledge to support CSC’s mission and contribute to the safety and security of the public, employees, and offenders.

    CSC is proud of the dedicated staff members at these institutions who work tirelessly every day to make a difference in the lives of offenders. Their professionalism and commitment contribute to public safety for Canadians.

    Jean-Paul Lorieau
    Regional Manager Communications
    Pacific Region
    604-870-2523
    Gen.Pac@csc-scc.gc.ca

    MIL OSI Canada News

  • MIL-OSI USA: Casten, Nadler, Schakowsky Introduce Legislation to Help Ensure Safe Access to Reproductive Health Clinics

    Source: United States House of Representatives – Representative Sean Casten (IL-06)

    October 29, 2024

    Washington, D.C. — Today, U.S. Representatives Sean Casten (IL-06), Jerrold Nadler (NY-12), and Jan Schakowsky (IL-09) introduced the Freedom of Access to Clinic Entrances Study (FACES) Act of 2024, legislation to study barriers to enforcement of existing protections for access to reproductive health clinics.

    “Individuals seeking reproductive health care, and the workers responsible for delivering this care, should not face violence or intimidation when entering health clinics,” said Congressman Sean Casten. “While there are theoretically protections in place to ensure this does not happen, enforcement is infrequent and inconsistent. The FACES Act helps us to get to the bottom of why this happens and what Congress can do to ensure safe access to reproductive health centers.”

    “Under the FACE Act, patients are protected under the law from intimidation and violence when they are seeking reproductive healthcare,” said Congressman Jerrold Nadler. “Despite these protections, enforcement of the law is inconsistent, contributing to an alarming rise in violence outside of abortion clinics. I’m proud to join my colleagues in introducing the FACES Act to better understand and overcome the barriers to enforcement so Americans across the country can freely access the care they need.”

    “Since Roe v. Wade was overturned by the Supreme Court, we have seen an alarming increase in violence and threats directed toward patients and abortion providers. Federal law prohibits this type of intimidation, yet the problem persists. We need answers,” said Congresswoman Jan Schakowsky. “Access to comprehensive reproductive health care, including safe, legal, and accessible abortion, is a human right. That is why I’m joining Reps. Casten and Nadler in introducing the FACES Act to determine what further steps must be taken to best protect individuals seeking reproductive care, and the workers who provide the care. For me, the fight to protect reproductive freedom is more than just policy and politics; it’s about human dignity and justice.”

    In the early 1990s, Congress enacted the Freedom of Access to Clinic Entrances (FACE) Act to protect the rights of patients to safely access reproductive health services in response to violence at abortion clinics and against abortion providers. The FACE Act prohibits violence, threatening, damaging, and obstructive conduct intended to injure, intimidate, or interfere with an individual’s ability to seek, obtain, or provide reproductive health services. However, the law is sporadically and inconsistently enforced.

    The FACES Act, introduced by Reps. Casten, Nadler, and Schakowsky would study the Department of Justice’s (DOJ) criteria for enforcing the FACE Act, barriers to enforcement, data about variations in enforcement across the country, plans to overcome variations and barriers to enforcement, steps the DOJ can take to communicate best practices to state and local police, and legislative options available to Congress to ensure more fulsome enforcement of the FACE Act.

    The National Abortion Federation reported a significant increase in violence and disruptions against abortion providers in 2022 compared to 2021. The findings showed a 229% increase in stalking, a 231% increase in burglary, and a 25% increase in invasions targeting abortion clinic staff, patients, and providers. In the past decade, abortion clinics experienced a 100% rise in anthrax and bioterrorism threats. Furthermore, the number of clinic blockades more than doubled in recent years, and incidents of picketing at facilities have been growing exponentially for years.

    In July, Reps. Casten, Nadler, and Schakowsky led 51 colleagues in a letter urging the Department of Justice to fully enforce the Freedom of Access to Clinic Entrances (FACE) Act and protect safe access to reproductive health care facilities. 

    Text of the FACES Act can be found here.

    # # #

    MIL OSI USA News

  • MIL-OSI USA: Assistant Secretary of Defense for Industrial Base Policy Dr. Laura D. Taylor-Kale and Deputy Assistant Secretary of Defense for Industrial Base Resilience Carla N. Zeppieri, Hold an Off-Camera, On-The-Record Press Briefing on the National Defense Industrial Strategy Implementation Plan

    Source: United States Department of Defense

    MAJ SELENA RODTS:  Good morning. Good morning, everyone. Thanks for coming out and welcome. We appreciate you taking your time to come out today and for those of you out in Zoom land, for dialing in. My name is Major Selena Rodts and I work here at OSD Defense Press Operations. Today is an important day for the department as we’re here to announce the release of the National Defense Industrial Strategy Implementation Plan.

    Our briefers here, seated to my left, and on the far left, Assistant Secretary of Defense for Industrial Based Policy, Dr. Laura Taylor-Kale and then to her right, we have Deputy Assistant Secretary of Defense for Industrial Base Resilience, Carla Zeppieri. The leaders briefing this morning have been deeply engaged in leading the NDIS efforts leading up to today.

    And so before we open it up to your questions, I’d like to hand things over to our briefers for some opening comments.

    DR. LAURA TAYLOR-KALE:  Great, thank you. Good morning. I am proud to announce the release today of the Implementation Plan for the National Defense Industrial Strategy. It outlines metric driven initiatives that will guide the Department’s focus program development and investment in the industrial base for the next fiscal year.

    Developing this implementation plan has been a priority since before we released the National Defense Industrial Strategy earlier this year. Today’s geopolitical undercurrents have impacted every part of the Defense Industrial Base. We have seen how quickly we need to ramp up capacity in response to conflict.

    World events have forced us to prepare for the long-term and plan differently and we have experienced technological advancements that require a fundamental shift in our thinking. As we develop the implementation plan, we focus on the most pressing requirements for the industrial base. We are making historic investments in key sectors to bolster our supply chains.

    Professionals and students alike are leveraging workforce readiness initiatives set to tackle labor shortages. We have sharpened our understanding of the opportunities and risks so we can be better partners with commercial and nontraditional defense companies. We are embracing flexible acquisition pathways and innovative contracting tools, and we are working towards multilateral frameworks where allies and partners can collaborate at every stage of defense planning.

    Our mission is ongoing and does not begin with today’s release of the implementation plan. DOD’s deliberate capital investments have spurred mutually supporting actions from industry, academia and other parts of government, many of which we highlight in the implementation plan. The impact of critically important funding channels like the Defense Production Act and the Industrial Base Analysis and Sustainment Program have gone beyond just the initial investments.

    They have served as a catalyst for add on programs, expansion of scope and new partnerships. We are seeing a ripple effect that demonstrates how tens of millions of dollars in today’s industrial base investments become hundreds of millions or even billions in resiliency and sustainment. Integrated deterrence, economic security, national security and our nation’s military strength are mutually reinforcing.

    The Defense Industrial Base serves a larger purpose than any single action or investment dollar. Progress and acceleration happens in months and years. The Implementation Plan for the National Defense Industrial Strategy is a roadmap for integrating our priorities under leadership driven initiatives. Each implementation initiative assigns primary responsibility, estimated resources, key metrics and risks.

    The six implementation initiatives include specific desired outcomes and provide the potential risks associated with inaction. A key focus of implementation is championing initiatives that are cross-cutting and not the sole responsibility of any one military service or component within the Department of Defense.

    DOD cannot address every industrial base issue alone and like the strategy, the implementation plan has benefited by input from a wide range of stakeholders who remain committed to building a modern and resilient defense industrial ecosystem. The evolution from strategy to implementation required lengthy discussions with key players and we were very intentional in ensuring we remain deeply connected, seeking inputs from the military services, from industry, from international stakeholders and allies and from the interagency.

    This unified collaboration among our partners is a first for defense industrial policy. To develop implementation initiatives, we ask the right questions. We challenged institutional barriers. We solicited many perspectives and insights and repeatedly, we weighed risks and develop mitigation strategies.

    I am grateful for all the feedback we received from our partners and for the overall shared commitment to increase the readiness and resilience of the Defense Industrial Base. The next phase of the implementation plan is the fore coming classified annex that will detail metrics and risks. I will now turn over to DASD Zeppieri for any comments before we welcome your questions. Thank you.

    MS. CARLA ZEPPIERI:  Thank you, ma’am, and good morning to everyone. This first instantiation of the NDIS implementation plan is the result of close collaboration across the department, the interagency, defense industry, including both traditional and nontraditional companies and our international partners. The implementation plan outlines six cross-cutting initiatives to drive progress, mitigate risks and create a framework for directing investments, resources and cross-functional collaboration.

    It’s important to note that these six implementation initiatives do not cover every single action the Department will take to build defense industrial base resiliency. Rather, these initiatives represent the most urgent tasks that will deliver tangible results, reducing defense, industrial base vulnerabilities and positioning us to counter future threats.

    I’d like to summarize briefly the six implementation initiatives. First, building a defense industrial base framework to enhance integrated deterrence in the Indo-Pacific region. The NDIS builds on the foundation of the National Defense Strategy, orienting efforts on creating industrial capability and capacity to meet the pacing threat.

    This initiative will focus on missiles and munitions production and the submarine industrial base, which are two of the top requirements in the Indo-Pacific theater. Second, managing defense production and supply chains. Under this initiative, we’ll concentrate on onshoring defense critical capabilities and moving away from adversarial sources of supply.

    We’ll also conduct a deeper analysis of supply chain vulnerabilities, enhance industrial cybersecurity and reinvigorate critical materials stockpiling. The third initiative, allied and partner industrial collaboration. This initiative further develops allied cooperation, emphasizing the AUKUS trilateral partnership and expanded interest in weapons systems co-production.

    We will leverage our respective strengths into a network of allied DIB capability for mutual effectiveness and resilience. Fourth, capabilities and infrastructure modernization. Fostering a 21st century Defense Industrial Base requires investment in infrastructure and fundamental industrial capability to meet strategic and key operational requirements. Modernizing the nuclear industrial base, the organic industrial base and our maintenance, repair and overhaul capacity will lay the groundwork for generating the systems that we need.

    Fifth, utilizing more flexible pathways to field new capability in a timely fashion. The department has already crafted multiple acquisition pathways for tailorable processes and rapid prototyping and fielding. We will continue to push adaptable acquisition to deliver cutting edge technologies to the warfighter. And then finally, strengthening intellectual property and data analysis. This last initiative focuses on ensuring effective use of resources throughout a program life cycle by fully integrating intellectual property planning into acquisition and product support strategies.

    Each initiative supports NDIS priorities to meet current demands and address future challenges and much of this work, as the assistant secretary said, is already underway. Industrial Base Policy worked with our DOD colleagues to ensure key projects supporting these six initiatives were incorporated as appropriate in this unclassified document.

    As noted, our next steps focus on issuing a classified annex to the plan, outlining the remaining efforts aligned to these organizing initiatives. The DOD acknowledges it cannot execute the implementation plan on our own. Success is going to require commitment, collaboration and cooperation between the entire US government, private industry and our international allies and stakeholders.

    Thank you very much for your time today and for your interest in today’s announcement. I will now turn it back over to Major Rodts, who will begin taking questions.

    MAJ RODTS:  Wonderful. Thank you, ladies. All right. So normal rules apply today. Please keep it to one question and one follow up. We’re going to go ahead and start out with someone out in Zoom land and then we’ll bring it back into the room here. So John, can you hear me out there, Defense Scoop?

    Q:  Yeah, thank you. I noticed in the section about replicator, it says, to complement the replicator initiative, the department intends to commission various projects, studies and white paper reviews to identify vendors who can accelerate solid rocket motor production. Can you explain or flesh out how that effort will complement replicator or be related to that?

    And then on a related note, it says that if DPA title three does not receive the funding required to support the Defense Industrial Base Consortium, that efforts to strengthen the solid rocket motor industrial base could face significant challenges and potentially not be executed. Is that suggesting that if that money doesn’t come through, it could slow down the replicator initiative? I was hoping you could just maybe clarify that.

    MS. CARLA ZEPPIERI:  You OK with me starting?

    DR. LAURA TAYLOR-KALE:  Sure, go ahead.

    MS. CARLA ZEPPIERI:  Sure. Great question. There is already ongoing work within the department on addressing what had been previously identified five key areas of industrial capability, where we need to put forward significant effort and kinetic capabilities have been one of those focus areas.

    So with regard to solid rocket motors, there is going to be a complementary effort, but separate from, if you will, to the replicator effort, which I think people are aware by now, is a specific endeavor that is going to produce affordable and in these initial instances, attritable systems, right, to execute our strategy specifically in the Indo-Pacific.

    But there are going to be a need for complementary technologies that are going to enable some of these efforts. So that is the point of talking about SRM and associated kinetic capabilities. With regard to the question about funding, I think that is a highlight or one of the points that we wanted to highlight through the implementation, which is of course that we have laid out through this plan where we expect resources to come from.

    In some cases, they’re coming from within already funded programs. In some cases looking forward, they will need to be topics of future budget requests. But with regard to DPA, there is an active appropriations bill right now in Congress that we are working with the appropriators for a successful final outcome that is going to fund all of those priority projects that are in the pipeline to be addressed.

    I don’t know, ma’am, if you have anything else.

    DR. LAURA TAYLOR-KALE:  No, I was just going to add that I think part of part of the question was whether or not if DPA or the DIB COT didn’t receive funding, if that would jeopardize the replicator initiative and I don’t believe that would happen.

    Q:  Right.

    MAJ RODTS:  Ma’am?

    Q:  Thank you. Good morning. Sandra Erwin, Space News. Ms. Zeppieri, you mentioned that supply chain is one of the priorities in this strategy. There are instances across the industrial base, and I’m more familiar in the space industry more so, where you have prime contractors that rely on maybe a single subcontractor for very critical components.

    And these are not components that you can just go and buy at GSA. These are very specialized items that have to be qualified, have to be tested and whatnot. So can you maybe talk about that challenge and perhaps how this implementation plan might address some of these concerns that are happening right now in the supply chain?

    MS. CARLA ZEPPIERI:  Sure. Obviously addressing the supply chains for key enabling current and future technologies is going to be incredibly important. And you hit on an important point in that we have been looking at supply chain vulnerabilities where we have single sources or fragile sources where we need to shore up the industrial base.

    But likewise, the implementation will involve looking at those key critical nodes to enable those future capabilities. And I think that some of that is outlined in the unclassified plan. And I believe that there will be additional details in the classified annex, because of course, there were some efforts that could not be addressed here in the unclassified form.

    Q:  I mean, did you get data from across the industry? I mean, did you hear that problem a lot from prime contractors?

    DR. LAURA TAYLOR-KALE:  We hear that problem across the Defense Industrial Base in general. We also have developed a number of programs within our office that address single sources of vulnerabilities in the supply chain. DPA title three IBUs have all worked to address some of these challenges. Just in this past fiscal year FY ’24, we obligated $1.7 billion almost $1.8 billion towards a lot of supply chain vulnerability and kinetic capabilities issues.

    So yes, we hear it not just in space, it’s across the board and we’re very much aware and are doing analysis on that as well as using our investment tools to be able to address them.

    Q:  Thank you.

    MAJ RODTS:  Thanks. Noah?

    Q:  Hi. Noah, Defense News, here. Thank you both for doing this. I wondered if you could give me a better sense, and this is a question for the both of you, on what sort of legislative support that you need? What should be forthcoming from Congress that would enable this to be successful? And then secondly, when the timeline for the classified annex to be provided to those stakeholders actually is?

    DR. LAURA TAYLOR-KALE:  Sure. I’ll tackle both and then turn it over to DASD Zeppieri to talk a bit more about the legislative support. But in general, we view Congress as a very important key stakeholder. As we noted in the implementation plan of Congress provides for the overall direction and policies that support all the work that we’re doing in defense industrial resilience. Going forward, obviously, we’ve talked quite a bit about having on time budgets as well as multiyear procurement.

    I will also note that this year in FY 2025, the Defense Production Act is up for reauthorization. It will be important for the Department to have that reauthorization done in a timely fashion and we are in active conversations with Congress on that. I’ll let Carla talk a little bit more about some of the other areas of legislative support, but I’ll just note for the classified annex, again, we are working very closely with the services and with other OSD components, to make sure that we have all the right details in there. We’re also putting out a more fleshed out risk mitigation framework in the classified annex. So we’re hoping to have this done over the next couple of months and preferably before the end of the year.

    MS. CARLA ZEPPIERI:  I think with regard to potential future legislative action that might need to be taken to make the implementation–to fortify the implementation plan. We have had some informal conversations with other parts of the department, as I think you’re aware specifically in the field of acquisition.

    And then when you start talking about intellectual property, that’s probably going to entail some further internal work and some work with external stakeholders, including Congress, because there might need to be made some legislative tweaks in that area. But I think Dr. Taylor-Kale hit on one of the most important, urgent ones for us, which is of course reauthorization of the Defense Production Act.

    Q:  If I may also, there’s an election next week, as everyone’s aware of, and this plan along with the classified annex are being released at a time of turnover regardless of who wins. Can you give me a sense of how this plan and the strategy itself will survive regardless of what happens on November 5th and ways to make that more durable given the uncertainty involved?

    DR. LAURA TAYLOR-KALE:  Oh, thank you. I’ll note that one of the, I think, important things to note about defense industrial policy is that it’s been a very much an area of bipartisan support. In working on both the strategy, developing the strategy and the implementation plan, we met with and worked with stakeholders across political perspectives, working with both chambers of Congress, with both sides of the aisle. And we are confident in the feedback that we’re getting that this will be a priority regardless of who wins next week in the elections, but that this is an important priority for the nation, for defense and for national security.

    MAJ RODTS:  All right. We’re going to go out to zoom and take a couple questions there and then we’ll bring it back into the room. Tony, Inside Defense.

    Q:  Yes, thank you very much. The report mentions that one of the ways industry could help the department, is it could invest its own resources including CapEx. I’m wondering if you could give us a scope, sort of scope that challenge for us as the department sees it now. Has industry begun leaning in or not yet?

    Could you just sort of give us a sense of what you’re seeing there in terms of industry investing its own money because it sees these signals the department’s sending or maybe not sending?

    DR. LAURA TAYLOR-KALE:  No, thank you. I love this question. One of the, I think, real delights since issuing the strategy in January has been feedback that we’ve gotten from industry. So first, our office has conducted a number of sessions with industry, with companies individually in a classified setting to get feedback from them.

    But also industry has reached out and companies reach out all the time and say, here’s an investment that we’re making that aligns with the National Defense Industrial Strategy. So what we did in the report was we include a couple of highlights throughout the report where industry has made investments that align with the NDIS and with implementing the NDIS. I think your question hits a very important point which is as we note that the Department of Defense can’t implement the strategy alone, that it will require resources and support from across a broad range of stakeholders within the government, with Congress, with our international allies and partners and most and very importantly, with industry as well.

    That also includes investors. Our office has worked to build better relationships with investor communities, particularly private equity and venture capital. We’ve conducted investor roundtables. We worked to build create a mechanism to share information as well. We launched the Defense Industrial Base Consortium OTA in January, as you know, which is also a mechanism for opening up and bringing more industry stakeholders and investors into working with the Department of Defense.

    But we do see industry leaning in and being responsive to the fact that the Department is actually prioritizing and also really communicating what our priorities are with respect to defense industrial capacity and resilience.

    MAJ RODTS:  All right. Valerie, Breaking Defense.

    Q:  Yeah, thank you so much for taking my question. I know that the implementation plan as laid out here, it only includes basically, the funding levels that were laid out in the FY ’25 POM. But I’m wondering if you could speak about how you guys see the funding profile over the next couple of years?

    Just, I mean, obviously, there’s going to be a new administration coming in, but you guys are building the budget right now. Should this funding profile for DIB investments, should it be ramping up? Do you guys expect that it’ll stay like roughly the same as it has been the past couple of years?

    And are there any particular items that you want to call out as being particularly important going into FY ’26?

    DR. LAURA TAYLOR-KALE:  We could spend the rest of the day, both of us talking about this topic, but we won’t. So first is to your point about the implementation plan and how we built it out. We use FY 2025 president’s budget request numbers and in part because we’re not going to issue numbers that are still in development or pre-decisional.

    But we wanted to make sure to provide a real picture of what the defense industrial base capacity building and resilience really looked like from the FY 2025 budget. The strategy, as we noted before, was in development during the FY ’24 and FY ’25 budget processes, but it didn’t fully materialize until after.

    So FY ’26 is the first one where we’ve actually as a whole department, really had an opportunity to think about and match our program and budget planning processes with the National Defense Industrial Strategy. I suspect that this year was sort of first time really taking that on. I think there was a definite understanding across the board of the importance of building capacity in the Defense Industrial Base and also bringing in nontraditional companies into working with the Department of Defense.

    There’s a real concern around supply chain vulnerabilities and DASD Zeppieri can talk about, again, adversarial sources in our supply chains as well as sole source and single source. But I think that going forward, the department will continue to use this document as sort of a baseline and also build on it. Our plan is to update the implementation plan every year and preferably, to publish the revised unclassified after the new president’s budget has been delivered to Congress and explain what’s in the president’s budget request and how it relates to defense industrial capacity, and what the priorities of the department are.

    MS. CARLA ZEPPIERI:  Sorry, let me add. Thank you, ma’am. Yeah, I guess I would just add really quickly. As the ASD said, excuse me, we’re seeing great support and enthusiasm from across the department. As part of the process that the entire Department is in right now in building and finalizing the FY ’26 budget, the services were asked to come brief through the Industrial Base Council on some of their priority DIB investments that they either already had in programing or of course were looking for some additional funding in FY ’26. So I think that the whole Industrial Base Council found that very positive.

    We received good feedback from everyone who participated in that, and I think it just underscored how the entire Department, the service’s, other components are thinking about this now. Also just to add a little, I think you were asking what should we expect to see and as the ASD said, of course we can’t talk about pre-decisional information, but I don’t think that it will come as a surprise that some of the topics that continue to get emphasized build on some of the things that we’ve seen in FY ’24 and ’25 with respect to munitions and the organic industrial base to support some of those efforts.

    MAJ RODTS:  Great. Sir, in the room?

    Q:  Thank you. Diego Laje, Signal Media. Thank you very much for taking my question. Earlier this year, there was a cybersecurity in the DIB document issued. I’d like to get an idea of how you see cybersecurity evolving since then and especially among the most vulnerable parts of the DIB going forward?

    DR. LAURA TAYLOR-KALE:  Thank you. I’ll refer you to the CIO for specifics on sort of how cybersecurity as a has evolved. But what I can say with respect to our work with the Defense Industrial Base, it remains a concern. And also, we are working with the CIO’s office, our team, the Office of Small Business Programs, to work on programs that will help small businesses in particular, which are particularly vulnerable, as they develop cybersecurity sort of capabilities within their firms. Want to add anything?

    MS. CARLA ZEPPIERI:  No, I don’t think so, ma’am, except that obviously as you indicated, sir, I mean the CIO you know has put out their strategy in building this implementation plan. We worked very closely to incorporate their ideas there, but I think that that will be an ongoing project. I mean, certainly information sharing between government and DIB is not a new endeavor, but you know ramping up and ensuring that some of those protections are spread throughout the DIB, right, and go beyond just kind of the prime contractors is an ongoing priority or a significant priority for the department.

    DR. LAURA TAYLOR-KALE:  And just to give you a reference point, we included, there’s a line of effort for industrial cybersecurity under production and supply chains, in the second implementation initiative.

    Q:  And how do you expect the future of cybersecurity to look like during after implementation?

    DR. LAURA TAYLOR-KALE:  After implementation? Implementation, I think, will be ongoing. The way we see this is this is an effort over multiple years. This instantiation of the implementation plan really just outlines what we are planning to do and what our priorities are for this first fiscal year for FY 2025. But yes, industrial, cyber security remains very much a focus of importance for production and for supply chains. Particularly as you noted, there are certain segments of the Defense Industrial Base, particularly smaller businesses that are particularly affected.

    So I think it will certainly be a focus. It’s a line of effort in 2025 and I can imagine that given the cyber security and strategy that it will remain so even past that.

    MAJ RODTS:  OK. We’re going to go back to Zoom real quick just because we have a fair amount of people who are on there. Lauren, Defense One, did you manage to dial on? No. Chris, Air and Space?

    Q:  Hi. Thank you, Chris Gordon, Air and Space Forces Magazine. This has been touched on a bit around the edges, but I wanted to ask this question directly. How much of this entire strategy can be implemented under a continuing resolution, if at all?

    DR. LAURA TAYLOR-KALE:  Continuing resolutions present a number of challenges for the Department. It’s best for us to have a full budget done on time for us to be able to implement. It creates a lot of challenges in procurement in general and also in planning for us when we have these continuing resolutions.

    So we’re hopeful that Congress will work together and pass a bill, a defense policy bill as well as a funding bill soon.

    MAJ RODTS:  OK. Jared, Federal News? Noah?

    Q:  Just a couple more here. The first is if you could give a more specific estimate or range of engagements with industry and also touch points with Congress, that would be helpful to pull out and then I have a follow up.

    DR. LAURA TAYLOR-KALE:  Sure. We’ve had over 60 engagements with industry since the beginning of the year. Many of them I’ve done myself. We bring companies in directly into our office. We talk with them about the strategy itself as well as work iteratively on the implementation plan to try to get feedback.

    We incorporate a lot of the feedback that we received as we developed the implementation plan and also went back and had further conversations. We also have numerous engagements with Congress. For Industrial Based Policy, our key committees are of course the Senate Armed Services and House Armed Services Committees.

    But also note that Senate Banking and House Financial Services committees are also very important. They’re the authorizers for the Defense Production Act, as well as have purview over a lot of the economic security, economic deterrents authorities that we have, including CFIUS. We also engage closely with the Senate Appropriations Committee, SACD, as well as the House Appropriations Committee.

    We also engage closely with the small business committees in both Houses as well. So there are a number of touch points that we have with Congress.

    Q:  The criticism, and I want to give you both a chance to respond to this, as I’m sure it will come up afterward, that I most often hear from people who have been engaged in the process, who have been able to have some of these discussions that are behind closed doors, is that the implementation plan now and the NDIS back earlier in the year are largely restatements of priorities that the Pentagon already had and has restated in past reports in previous years.

    If possible, could you give an outline of where you see this actually pushing things forward in a new way, and what in the document you actually would argue is new and sort of groundbreaking itself?

    DR. LAURA TAYLOR-KALE:  Sure. I think the fact that the Department of Defense has worked together across the department to talk about not just the challenges, but also the priorities across the department, developed at a senior leadership level, what are the cross-cutting areas that need to be driven by the secretary and the deputy secretary and the service secretaries, I think that’s actually very much new and innovative for the department.

    I think that the focus on trying to find something new, sort of new programs is something that everyone likes to see a nice shiny object. But the truth is the work of building capacity and resilience in the Defense Industrial Base is actually going to take a lot of time and resources across the board.

    So the fact that is as we were developing this strategy, these were initiatives and priorities that we knew we had to work towards over the last several years and that we had begun to. But I think getting everyone on board and sort of focused in a manner that really has leadership sort of invested across the Department as well, is important, and I think is a very important initiative for the Department to provide, not just for itself, but also for industry stakeholders and for our allies and partners and for Congress.

    MS. CARLA ZEPPIERI:  Do you mind if I?

    DR. LAURA TAYLOR-KALE:  Please.

    CARLA ZEPPIERI:  I mean, I would just add briefly that as the assistant secretary said, and you’re right, I hear you, that some of the issues that have been surfaced in various reports likewise showed up in our strategy, I think for good reason. But this is also the first time the Department has had an industrial base strategy and now an implementation plan to actually make this real.

    Not that prior efforts weren’t sincere but as Dr. Taylor-Kale just said, we now have the entire Department and I think a lot of momentum and buy-in to this process. The one other thing I would just also mention is that we also have in here a risk framework and there will be additional metrics.

    Now, of course, they will be detailed in the classified annex because there’s only so much that we can say in an unclass, but it’s not just a strategy. It’s going to be tracking, measuring ourselves where we are right now with regard to risk to the Defense Industrial Base. And then as the Department contributes on a regular basis, updates to the implementation, we will be measuring ourselves, measuring our progress and seeing where we have addressed risk and where we have more work to do. So I think that that’s different than previous efforts.

    MAJ RODTS:  OK. We’re going to go back to Jared. I think I was moving a little too quickly there. Jared.

    Q:  I appreciate it. I was trying to ask about the flexible acquisition pathways line of effort. You specifically call out MTA, OTA. The Department’s obviously been headed in that direction for a good six, seven years now. And I’m just wondering what changes under this plan, if anything really meaningfully changes?

    Is it a matter of more emphasis on those things and if so, how do you prioritize what sorts of capabilities fit into the strategy and need to move down those pathways?

    DR. LAURA TAYLOR-KALE:  Yeah. I think the Department has been moving in this direction for a while, but the truth is we don’t oftentimes use these flexible authorities. So I think the important thing to note here and that we emphasize within the implementation plan is using these flexible acquisition pathways when appropriate.

    And so really, what we’re measuring and tracking here is what we’re using and whether or not it matches and is appropriate for a particular project or contract vehicle. So I think that’s going to be important moving forward. It’s like, it’s important to have OTAs. They can be very useful.

    We started the Defense Industrial Base Consortium OTA that does research prototype as well as production. But at the end of the day, we’re all trying to make sure that the warfighter has the tools and capabilities it needs at speed and scale. We need things to move into production. So what’s the best way to do that for the particular capability that we’re looking at for the particular problem that we’re trying to solve for, I think will be important.

    And I think just having the flexible authorities out there, it’s useful, but what we’re trying to do is drive using those authorities to actually solve the problems that we’re facing.

    MAJ RODTS:  All right. With that, I don’t think we have any further questions. So, ma’am, if you would like to provide any closing comments?

    DR. LAURA TAYLOR-KALE:  Sure. Thank you. Well, first, I want to thank you all for being here today and for those who are dialed in on Zoom. We think this is a significant milestone for the Department of Defense. The publication of the strategy provided our vision and now with the release of the implementation plan for FY 2025, we are sharing our priorities and the structure which will drive cohesive efforts across all lanes related to the industrial base.

    We are also fostering transparency by providing industry and other partners insights into our plans and investments. Our approach has generated strong interest from industry and common goals have built closer ties between allied partners. We have greater support from internal and interagency stakeholders and Congress.

    We have surged our coordination efforts with the military services to calibrate and respond. The National Defense Industrial Strategy Implementation Plan will be a living document providing the rigor to ensure sustained and resilient impact in the defense industrial base and the flexibility to change and adapt as needed.

    In January, I sat here and stated we can no longer afford to wait, the time for action has come. I believe we have confronted that task and are moving ahead. Thank you again for your time today and for participating in this briefing.

    MAJ RODTS:  Thank you, ma’am. Thank you, everyone, for coming out today. If you have any follow up questions or you didn’t have your question answered, please reach out to me and I’ll be able to work that for you. Thank you, everyone.

    DR. LAURA TAYLOR-KALE:  Thanks.

    MIL OSI USA News

  • MIL-OSI USA: DEQ issues five penalties in September for environmental violations

    Source: US State of Oregon

    he Oregon Department of Environmental Quality issued five penalties totaling $105,394 in September for various environmental violations. A detailed list of violations and resulting penalties is at https://ordeq.org/enforcement.

    Fines ranged from $4,500 to $51,651. Alleged violations included a wood treater improperly managing hazardous waste, a metal recycler establishing a solid waste disposal site without a permit, and a hospital not maintaining or testing an underground storage tank for fuel.

    DEQ issued civil penalties to the following organizations:

    • Biggs Service District, Wasco, $4,500, wastewater
    • City of Monroe, Monroe, $6,300, water quality
    • Permapost Products Company Inc., Hillsboro, $51,651, hazardous waste
    • Radius Recycling Inc. formerly Schnitzer Steel Co., Portland, $29,580, solid waste
    • St. Charles Health System Inc., dba St. Charles Medical Center – Redmond, Redmond, $13,363, underground storage tanks

    Recipients of DEQ civil penalties must either pay the fines to the state treasury or file an appeal within 20 days of receiving notice of the penalty. They may be able to offset a portion of a penalty by funding a supplemental environmental project that improves Oregon’s environment. Learn more about these projects at https://ordeq.org/sep.

    Penalties may also include orders requiring specific tasks to prevent ongoing violations or additional environmental harm.

    DEQ works with thousands of organizations and individuals to help them comply with laws that protect Oregon’s air, land and water. DEQ uses education, technical assistance, warnings and penalties to change behavior and deter future violations.

    MIL OSI USA News

  • MIL-OSI: Premium Income Corporation Announces Overnight Offering of Preferred Shares

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. newswire services or for dissemination in the United States.

    TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) — (TSX: PIC.PR.A) – Premium Income Corporation (the “Fund”) is pleased to announce that it is undertaking an overnight treasury offering of Preferred Shares (the “Offering”).

    The sales period for the overnight offering will end tomorrow, October 30, 2024. The offering is expected to close on or about November 6, 2024, and is subject to certain closing conditions including approval by the Toronto Stock Exchange (“TSX”). The Preferred Shares will be offered at a price of $15.00 per Preferred Share representing a yield on the original issue price of 8.50%. The trading price on the TSX for the Preferred Shares as at the last trade on October 29, 2024, was $15.16. Since the inception of the Fund, the aggregate dividends declared on the Preferred Shares have been $24.36 per share.

    The Fund invests in a portfolio consisting principally of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and The Toronto-Dominion Bank. To generate additional returns above the dividend income earned on the Fund’s portfolio, the Fund will selectively write covered call and put options in respect of some or all of the common shares in the Fund’s portfolio. The manager and investment manager of the Fund is Mulvihill Capital Management Inc.

    The Preferred Shares pay fixed cumulative preferential monthly cash distributions in the amount of $0.10625 ($1.275 per annum) per Preferred Share representing a yield of 8.50% on the original issue price of $15.00.

    The syndicate of agents for the offering is being co-led by National Bank Financial Inc., CIBC Capital Markets, RBC Capital Markets, and Scotiabank.

    For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@mulvihill.com or visit www.mulvihill.com

    John Germain, Senior Vice-President & CFO Mulvihill Capital Management Inc.
    121 King Street West
    Suite 2600
    Toronto, Ontario, M5H 3T9


    A short form base shelf prospectus containing important detailed information about the securities being offered has been filed with securities commissions or similar authorities in each of the provinces of Canada. Copies of the short form base shelf prospectus may be obtained from a member of the syndicate. The Fund intends to file a supplement to the short form base shelf prospectus and investors should read the short form base shelf prospectus and the prospectus supplement before making an investment decision. There will not be any sale or any acceptance of an offer to buy the securities being offered until the prospectus supplement has been filed with the securities commissions or similar authorities in each of the provinces of Canada.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

    The MIL Network

  • MIL-OSI: AML GO Launches Its Anti-Money Laundering Online System at the Consumer Credit Conference

    Source: GlobeNewswire (MIL-OSI)

    JOHANNESBURG, South Africa, Oct. 29, 2024 (GLOBE NEWSWIRE) — UPAY Inc. (“UPAY” or the “Company”) (OTCQB: UPYY), through its South African subsidiary, AML GO (Pty) Ltd, is excited to announce the official launch of the AML GO Anti-Money Laundering (AML) online system. The launch will take place at the prestigious Consumer Credit Conference on 30 and 31 October 2024, hosted at the Indaba Hotel in Fourways, Johannesburg.

    AML GO’s cutting-edge online platform is designed to provide financial institutions, credit providers, and businesses with powerful tools for AML compliance in today’s dynamically digital world. With a focus on retail credit risk management and regulatory compliance, the system offers a robust solution for identifying, assessing, and mitigating the risks associated with money laundering and related financial crimes.

    Key Features of the AML GO System:

    • Advanced AML Screening: Real-time monitoring and screening against global databases to ensure compliance with the latest AML regulations.
    • Seamless Integration: Easy integration into existing financial workflows, providing automated and comprehensive compliance checks.
    • Customizable Alerts and Reports: Tailored reporting tools that enable financial institutions to track and report suspicious activity efficiently.
    • User-Friendly Interface: A simple yet effective dashboard, allowing users to manage compliance requirements with ease.

    About AML GO (Pty) Ltd:
    AML GO is your trusted partner for cutting-edge Anti-Money Laundering (AML) and credit risk solutions. Our streamlined Client Onboarding Platform offers seamless access to AML, Politically Exposed Persons (PEP), and sanctions screening, along with risk rating assessments, bank account verification, and bank statement verification. In addition, we provide comprehensive credit risk assessment, identity verification, affordability calculations, and proof of address confirmation. AML GO ensures that your organization stays compliant with the Financial Intelligence Centre Act (FICA) while optimizing operations for enhanced efficiency and reduced risk.

    Jaco Fölscher, CEO of UPAY Inc., shared his enthusiasm for the system’s launch: “The introduction of the AML GO online platform marks a pivotal moment for UPAY and AML GO. We are thrilled to offer this innovative solution at such a critical time for the consumer credit industry. As financial institutions face growing regulatory pressures, AML GO provides the technology needed to enhance compliance and safeguard against financial crimes.”

    About the Consumer Credit Conference 2024:
    The Consumer Credit Conference is a key industry event that brings together professionals in retail credit, unsecured lending, and risk management to explore strategies for managing credit risks in an increasingly digital world. The conference will cover topics such as credit scoring models, digital lending platforms, risk management strategies, and regulatory compliance. AML GO’s launch at this event highlights the importance of integrating cutting-edge technology in addressing compliance challenges in today’s financial landscape.

    Attendees of the conference will have the opportunity to see the AML GO platform in action and engage in interactive sessions to understand how it addresses their specific compliance needs.

    Mia-Daniel Bester COO of AML GO (Pty) Ltd, commented: “AML GO is proud to be launching at the Consumer Credit Conference. Our platform not only addresses the current compliance challenges but also looks ahead to the future of AML management, ensuring businesses stay ahead in the face of evolving regulations.”

    The launch of the AML GO system reinforces UPAY’s commitment to providing innovative solutions that empower financial institutions in South Africa and beyond. The company continues to set the standard in compliance and risk management technology, driving both innovation and regulatory excellence.

    For more information about AML GO and its new anti-money laundering online system, please visit www.amlgo.co.za

    CONTACT INFORMATION
    UPAY Inc.
    Email: info@upaytechnology.com

    About UPAY Inc.:
    UPAY Inc. is a forward-thinking US public company dedicated to delivering cutting-edge financial solutions across the fintech sector. With a strong focus on innovation, UPAY remains a leader in AML compliance technology and financial risk management.

    About AML GO (Pty) Ltd:
    AML GO is a South African subsidiary of UPAY Inc., specializing in providing anti-money laundering compliance and credit risk solutions for financial institutions. The company’s mission is to empower businesses to meet stringent regulatory requirements through innovative, user-centric technology.

    CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
    The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of UPAY Inc. This publication contains forward-looking statements, which are not guarantees of future performance. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

    The MIL Network

  • MIL-OSI USA: Padilla Announces Over a Billion Dollars to Decarbonize California Ports and Improve Air Quality

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla Announces Over a Billion Dollars to Decarbonize California Ports and Improve Air Quality

    WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), Chair of the Environment and Public Works Subcommittee on Fisheries, Water, and Wildlife, announced that the Environmental Protection Agency (EPA) will award over $1 billion across seven California ports to build zero-emission (ZE) port infrastructure and implement climate and air quality management plans. This substantial investment comes from the EPA’s Clean Ports Program, which is funded by the Inflation Reduction Act and aims to reduce harmful greenhouse gas emissions and improve air quality at ports across the nation.
    California ports will receive three of the largest seven grants nationwide, including over $411 million for the Port of Los Angeles, the biggest award in the country.
    California’s ports play an important role in the nation’s economy, moving hundreds of billions of dollars’ worth of goods annually. These ports process about 40 percent of all containerized imports and 30 percent of all exports in the United States.
    “California’s ports move the goods that power our economy. This historic investment in our ports is a major step forward in accelerating the zero-emission infrastructure transition,” said Senator Padilla. “With more than a billion dollars in Inflation Reduction Act funding headed to California, we’re decarbonizing our supply chain to produce cleaner air in neighboring communities and meet our climate goals while creating green jobs.”
    “This transformative investment will be a tremendous boost to our efforts to meet our ambitious zero emission goals, improve regional air quality, and combat climate change, while accelerating the port-industry’s transition to zero emissions across the country,” said Port of Los Angeles Executive Director Gene Seroka. “This grant will fund over 400 pieces of ZE cargo handling equipment, replacing nearly one-third of the diesel equipment currently on our docks, and eliminating over 40,000 tons of greenhouse gas emissions annually. This successful application is the culmination of a deep partnership with environmental justice groups, labor, the private sector, and stakeholders at all levels of government, and we’ll continue to work with our local communities to ensure this investment delivers benefits in their neighborhoods. We thank Senator Padilla, the EPA and the Biden-Harris Administration for their unprecedented support of our ambition and look forward to delivering on our commitment to cleaner air for future generations.”
    “Special thanks to U.S. Senator Alex Padilla for his continued advocacy on supply chain decarbonization,” said Port of Oakland Executive Director Danny Wan. “These Clean Ports grant funds will allow us to bring hundreds of additional zero emissions equipment and vehicles to our seaport resulting in more environmental and economic benefits for the region.” 
    “The funding Senator Padilla has helped to secure from the EPA will be transformational for the Port of Stockton. These funds will significantly decrease freight-related emissions in the Central Valley by transitioning more than 90 percent of our cargo-handling equipment to Zero Emissions. We have been working hard over the years to reduce emissions and replace diesel powered cargo handling equipment with Zero Emission technology and this grant will springboard our efforts. We look forward to leveraging this support to further our advancements in zero-emission equipment and foster a more sustainable future for all,” said Port of Stockton Director Kirk DeJesus.
    “The Port of San Diego is grateful to Senator Padilla for his continued advocacy of the work we are doing to get closer to our goal of becoming a zero emissions operation,” said Chairman Frank Urtasun, Port of San Diego Board of Port Commissioners. “Modernizing our cargo terminals is a win for our maritime tenants, cargo trade business, and most importantly for our public health goals. Together we are delivering on our promise to those who live, work, and play on and around San Diego Bay.”
    “We are grateful for the U.S. EPA’s award to the Port of San Francisco,” said Elaine Forbes, Executive Director of the Port of San Francisco. “This major investment will allow us to complete the Mission Bay Ferry Landing and to achieve an electric fleet, with zero emissions. We look forward to working with our partners at San Francisco Bay Ferry and the SFPUC to provide Bay Area residents with the nation’s first zero-emission ferry network, and to bring ferry service to Mission Bay. These EPA funds will also support access to critical, well-paying jobs in the maritime trades.”
    “This grant represents an enormous push forward for the nation’s first high-speed zero-emission ferry network,” said Jim Wunderman, Chair of the SF Bay Ferry Board of Directors. “SF Bay Ferry will provide a critical transportation link to Mission Bay, an incredibly successful development hub in San Francisco. And because of the EPA’s decision, we’ll be able to do so with clean, reliable and efficient electric ferries. Thank you to Senator Padilla and the Bay Area Congressional Delegation for their support in winning this transformational grant.”
    “The EPA Clean Ports announcement is exciting news for the Port of Hueneme,” said Celina Zacarias, President of the Oxnard Harbor District/Port of Hueneme. “We have the funding to accelerate the Board’s policy to decarbonize the port.”
    “The $43 million EPA Clean Ports Grant is transformative for the Port of Hueneme,” said Kristin Decas, President & CEO of the Port of Hueneme. “We are grateful for the support and leadership of Senator Padilla to help secure these critical dollars for the betterment of communities adjacent to Ports throughout California.”
    “The Port of Redwood City applauds the EPA for this investment to facilitate the long-range planning and create a roadmap towards decarbonization by diversifying fueling options of Port operations,” said Kristine A. Zortman, Executive Director. “This investment represents an opportunity to create new jobs in a transformative sector of energy production furthering our environmental stewardship, workforce development, and emissions reductions.”
    California ports receiving funding from the Clean Ports Program include:
    Port of Los Angeles — $411.69 million: This project aims to accelerate the port’s transition toward ZE on-terminal operations by significantly reducing air pollution in and around the port, deploying ZE cargo handling equipment (CHE), and enhancing electric vehicle charging infrastructure. The funding will help acquire over 400 pieces of ZE CHE and 250 ZE drayage trucks and associated charging infrastructure, replace nearly 30 percent of the Port’s diesel-burning CHE fleet, and eliminate 41,500 tons of carbon dioxide and 55 tons of NOx emissions annually. The port will also install cutting-edge power management systems, innovative heavy-duty drayage truck and charging deployments, and one of the world’s first shore-power support systems for auto carrier vessels.
    Port of Oakland — $322.17 million: This project will support the vision of reducing emissions and fully decarbonizing port acti­­vities by transitioning to ZE alternatives for drayage trucks and cargo handling equipment. This includes the purchase of 762 pieces of ZE equipment (battery electric or hydrogen fuel cell) to complete a nearly 100 percent­­ conversion of all cargo handling equipment to zero emissions technologies.
    Port of Stockton — $110.47 million: This project will transform the port into the first small port with ZE terminal operations and increase the ZE workforce in Northern California. The port will reduce greenhouse gas emissions, particulate matter, and nitrogen oxide by acquiring electric forklifts, cranes, terminal tractors, and a mobile railcar indexer; obtaining a direct current fast charger; implementing a shore power system; and deploying rooftop solar power and battery energy storage to power new equipment.
    Port of San Diego — $58.6 million: This project will support the port’s longstanding commitment to the electrification of San Diego’s maritime cargo handling facilities and freight transportation by implementing the final electrification elements to transform San Diego’s maritime cargo terminals and the goods movement network on San Diego Bay. These funds will help construct all remaining improvements to the Port’s Tenth Avenue Marine Terminal’s (TAMT) legacy 12kv loop to support all future investments in electrical infrastructure and install a grid-based shore power systems to connect ocean-going vessels and support electric commercial harbor craft homeported at TAMT and deployed throughout San Diego Bay, among other improvements.
    Port of San Francisco — $55.39 million: This investment will transition ferry operations along the San Francisco waterfront to zero-emissions, removing 455,000 metric tons of carbon dioxide greenhouse gases and enhancing air quality at the Port of San Francisco and throughout the Bay Area airshed. The project will also connect disadvantaged communities with high-paying employment centers. The funding will deliver a series of projects that will complete the establishment of the first ZE fast ferry network in the country, connecting the two visitor and employment centers of Downtown San Francisco and Mission Bay with the emerging waterfront neighborhood on Treasure Island.
    Port of Hueneme — $42.29 million: The Port of Hueneme Reducing Emissions, Supporting Health (PHRESH) project consists of two components: PHRESH START (Sustainable, Thoughtful And Resilient Transformation), which includes planning activities, and PHRESH AIR (Accelerating Implementation and Results), which involves the deployment of roughly 35 pieces of ZE terminal equipment and a drayage truck incentive program.
    Port of Redwood City — $1.97 million: This project, in partnership with a private entity, includes climate and air quality planning for hydrogen-based fueling and infrastructure.
    Grants from the Zero-Emission Technology Deployment Competition will slash mobile source emissions (criteria pollutants, air toxics, and greenhouse gases) at California ports, while grants from the Climate and Air Quality Planning Competition will fund emissions inventories, strategy analysis, community engagement, and resiliency measure identification to strengthen zero-emissions port operations and reduce air pollution.
    Senator Padilla believes decarbonizing our ports is vital for powering economic growth and protecting public health. Last year, he announced $74.5 million from the Department of Transportation Maritime Administration to decarbonize, upgrade, and rehabilitate key ports along California’s coast. He has consistently pushed for funding through the Bipartisan Infrastructure Law for California’s ports, including over $283 million for the Port of Long Beach last year, $94 million in port infrastructure grant funding in 2022, and over $57 million in 2021. Earlier this year, Padilla announced that the Ports of Los Angeles and Long Beach (San Pedro Ports) will receive more than $112 million through the FY 2024 U.S. Army Corps of Engineers Work Plan for critical construction upgrades and operations and maintenance activities.
    Last year, Senator Padilla and Representative Nanette Barragán (D-Calif.-44) led 16 California lawmakers in urging EPA Administrator Michael Regan to grant authorization for the California Air Resources Board’s (CARB) request for its Ocean-going Vessels At-Berth Regulation, which would reduce air pollution in California and protect the health of millions of people who are impacted by emissions from diesel-powered ships. Additionally, Padilla and Senator Sheldon Whitehouse (D-R.I.) introduced the Clean Shipping Act of 2023 to reduce air pollution within the shipping industry and protect the health of port communities.

    MIL OSI USA News

  • MIL-OSI USA: Padilla Announces Over $279 Million in Rail Grants for California

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)
    WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.) announced that the Department of Transportation (DOT) awarded 12 grants to California rail infrastructure projects totaling over $279 million. The grants are part of the DOT’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) Grant Program, which funds projects to improve the safety, efficiency, and reliability of intercity passenger and freight rail. The Bipartisan Infrastructure Law has nearly tripled funding for this program — with $5 billion available from 2022 to 2026.
    “The Bipartisan Infrastructure Law is delivering hundreds of millions of dollars to make rail transit more efficient and safer for Californians,” said Senator Padilla. “Modernizing and building out our rail networks will help lower our carbon emissions, create good-paying jobs, and keep commuters and goods moving across the state. This announcement includes a crucial federal investment in the LOSSAN rail corridor, bolstering efficiency and climate resiliency against rising sea levels and erosion along the California coastline.”
    “CARB’s success securing a federal CRISI grant on behalf of California’s small locomotive operators is key to the future success of its GO ZERO grant program, which helps match Class III rail operators with grants to convert their fleets to cleaner operations at minimal cost. This grant will help replace 10 dirty diesel locomotives with zero-emission battery electric and hydrogen fuel cell locomotives and install four zero-emission battery chargers to provide substantial emissions reductions in communities surrounding rail operations that often endure a disproportionate public health burden,” said California Air Resources Board (CARB) Chair Liane Randolph.
    “Thank you Senator Padilla for securing this important Bipartisan Infrastructure Law funding for The Portal.  This commitment will complete final design for the track and rail systems connecting two recently completed federal investments: the electrification of Caltrain service and the opening of the largest multimodal transit hub on the west coast, the Salesforce Transit Center in downtown San Francisco.  Connecting Caltrain and California High-Speed Rail with BART and 8 regional bus operators will bring diverse communities closer while reducing climate change impacts and providing residents better access to jobs, housing and economic opportunity,” said Adam Van de Water, Executive Director of the Transbay Joint Powers Authority.
    CRISI grants awarded by the Department of Transportation for FY 2023-24 include:
    Orange County Transportation Authority — $100 million: The Coastal Rail Infrastructure Resiliency Project will make track improvements along Amtrak’s Pacific Surfliner Corridor on infrastructure owned by the Orange County Transportation Authority. The project will bolster safety and climate resilience by stabilizing the track against the effects of sea-level rise and beach erosion, which will increase the reliability of intercity passenger rail, freight, and commuter rail service. It will also decrease delays caused by weather-related incidents in the project area.
    California Air Resources Board — $36.5 million: The Go Zero Emission Rail Operation Project includes the replacement of 10 diesel locomotives with nine zero-emission battery-electric locomotives and one hydrogen fuel cell locomotive, as well as the installation of four battery chargers throughout California. This project will substantially reduce emissions and noise and provide significant benefits to surrounding communities.
    Transbay Joint Powers Authority — $24.7 million: The Downtown Rail Extension (DTX) Final Design for Track and Rail Systems Project will help accommodate California High-Speed Rail (CHSR) and Caltrain commuter rail into the newly built, multimodal Salesforce Transit Center in downtown San Francisco. The project will support the development of the track and rail systems package and perform value engineering, constructability review, and risk management programs associated with the trackwork and rail systems scope for the DTX. This investment will reduce trip time and increase connectivity to other modes.
    Arizona & California Railroad Company — $22.7 million: The Desert Rail Infrastructure Improvement Project will replace approximately 36 miles of rail for the Arizona and California Railroad Company, which will complete the track rehabilitation program for the full 69-mile corridor. This project will enhance safety and improve system and service performance by performing state of good repair upgrades to replace deteriorating 90 lb. rail with 115 lb. rail, resulting in more resiliency, higher speeds, and reduced derailments.
    Modesto and Empire Traction Company — $20.5 million: The Central Valley Green Locomotive Initiative will repower nine existing locomotives. Each locomotive is currently powered by three internal engines, and this project would replace those with a single engine in each locomotive. This would incorporate Tier 4 technology, which is the cleanest technology for diesel locomotives.
    Capitol Corridor Joint Powers Authority — $20 million: The Capitol Corridor Right-of-Way Safety Improvement Program will install security fencing along the Capitol Corridor route in northern California at three identified priority locations: Oakland to Fremont, Richmond to Emeryville, and Fairfield to Suisun City. This investment will prevent pedestrians from trespassing on the railroad right-of-way and deter individuals from intentionally entering the path of oncoming trains. The project is expected to reduce unauthorized access to the right-of-way and associated incidents by 20 percent along the corridor, including in two counties listed under the National Strategy to Prevent Trespassing: Alameda and Contra Costa counties.
    California Department of Transportation — $18.7 million: This project for the San Joaquin Corridor 2nd Platforms at Modesto and Turlock-Denair Amtrak Stations includes station, track, and grade crossing improvements on the San Joaquin Corridor along infrastructure owned by BNSF Railway. The project will create a second platform at two different stations in California’s Central Valley — Modesto and Denair — and install additional track to ease congestion between passenger and freight service. This investment will enhance safety as the project will upgrade three at-grade crossings and improve congestion.
    Trona Railway Company — $13.1 million: This project includes the replacement of six uncontrolled locomotives with three Tier 4 locomotives. It will reduce fuel consumption and greenhouse gas emissions, benefiting the users Trona Railway Company serves and residents in northern San Bernardino County.
    Mendocino Railway — $11.4 million: This project will acquire and repower three Tier 0 diesel-electric switcher locomotives with three Tier 4 diesel-electric switcher locomotives to be put into service along the Mendocino Railway rail line, running from Fort Bragg to Willits. This cleaner technology and locomotive conversion will reduce criteria pollutants and greenhouse gas emissions.
    A full list of California projects awarded CRISI grant funding is available here.
    Senator Padilla has secured hundreds of millions in federal funding to strengthen California’s rail infrastructure, bolstering modern and sustainable rail transit. Last year, he and the late Senator Dianne Feinstein announced $290 million in CRISI rail grants aimed at improving safety, efficiency, and capacity on key routes across the state. Earlier this year, Padilla announced $53.9 million in federal funding for improvements to the San Dieguito River Railway Bridge, which lies along the 351-mile Los Angeles–San Diego–San Luis Obispo (LOSSAN) Rail Corridor, the second busiest intercity passenger rail corridor in the nation. He also celebrated a historic $6 billion federal investment from the Federal Railroad Administration last year in California rail projects, including $3.1 billion for the California High-Speed Rail Authority that he pushed for alongside Feinstein, Speaker Emerita Nancy Pelosi (D-Calif.-11), and Representative Jim Costa (D-Calif.-21).

    MIL OSI USA News

  • MIL-OSI USA: Ricketts, Fischer Secure $5.4 Million Grant for Nebraska Agricultural Supply Chain Efficiency Project

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)
    October 29, 2024
    OMAHA, NE — Today, U.S. Senators Pete Ricketts (R-NE) and Deb Fischer (R-NE) announced a $5.4 million federal grant to enhance the Southeastern Nebraska Agricultural Supply Chain Efficiency Project. The grant was awarded to Manning Rail, Inc. to rehabilitate a rail line between Fairmont and Burress in Filmore County.
    “Food security is national security so enhancing Nebraska’s agricultural supply chain is an important use of these funds,” said Senator Ricketts. “Restoring the rail line will enhance the competitiveness of more than 100 local farmers. This project will not only improve grain transporting efficiency, but also enhance market access for local producers.”
    “Investing in infrastructure keeps rural Nebraska strong,” said Senator Fischer. “Rebuilding the rail line between Fairmont and Burress will connect more than 100 producers to the global marketplace and position Fillmore County for future success.”
    “We are grateful and excited to have been awarded this grant because of the tremendous opportunity it offers regional producers,” said Kent Manning, President of Manning Rail. “When we purchased the line twenty years ago, it had little chance of surviving. Since then, we have worked very hard to restore it. This grant provides the necessary funding for safe and efficient transportation of grain via rail. Once this project is completed, producers for generations to come will have access to 110-car shuttle trains on the BNSF railroad.”
    This project will focus on development, final design, and construction activities to restore the rail line. Manning Rail and Filmore County will contribute the 25 percent non-Federal match. The project qualifies for the statutory set-aside for rural area projects.

    MIL OSI USA News

  • MIL-OSI USA: Wyden, Merkley: Port of Portland Earns $2.77 Million Federal Award

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)
    October 29, 2024
    U.S. EPA invests in Port of Portland through its Clean Ports Program
    Washington D.C. – U.S. Senators Ron Wyden and Jeff Merkley today announced a federal investment of $2.77 million toward the Port of Portland’s work to decarbonize as well as improve natural disaster resilience.
    “The Port of Portland plays an integral role in many Oregonians’ travel plans, and also a crucial element for small Oregon businesses who depend on the Port to ship their Oregon-grown goods around the world,” Wyden said. “Ensuring the Port of Portland has the long-term tools it needs to build a strong, resilient port Oregonians can depend on today and into the future is vital for our economy and quality of life.”“Ports are a crucial part of keeping the economies of Oregon and the Pacific Northwest flowing as they move goods throughout our region and export our amazing Oregon products around the world,” said Merkley. “This federal funding will provide crucial support to the Port of Portland’s plans to cut down on pollution and transition to zero-emission operations, a big win in our fight against climate chaos.”
    Thanks to the Inflation Reduction Act, the funding is through the U.S. EPA’s Clean Ports Program: Climate and Air Quality Planning Competition for the Port of Portland’s Clean Ports Energy Future Roadmap.
    “This funding is a game-changer for planning a greener future at our marine terminals, from zero-emissions equipment to new renewable power and clean fuel options for the vessels our terminals serve,” said Port of Portland Executive Director Curtis Robinhold. “We’re grateful to Senator Merkley and Senator Wyden for their environmental leadership as we create a roadmap for minimizing the carbon footprint of marine shipping operations.”

    MIL OSI USA News

  • MIL-OSI Security: Defense News: Department of the Navy Launches Initiatives in Support of National Disability Employment Awareness Month

    Source: United States Navy

    In line with this year’s NDEAM theme, “Access to Good Jobs for All,” the DON has developed an array of targeted initiatives aimed at raising awareness about the importance of disability inclusion in the workplace and promoting available opportunities for IWD. The DON’s own theme is “Your Abilities. Our Mission. One Team.”

    “National Disability Employment Awareness Month is an important opportunity for us to celebrate the talents and skills that individuals with disabilities bring to our workforce,” said Robert Hogue, Principal Deputy Assistant Secretary of the Navy for Manpower and Reserve Affairs and DON IWD Champions Council Chair. “Our campaign reflects our commitment to harnessing the individual talent and value of our people, regardless of disability, ensuring equal opportunity to contribute meaningfully to our mission.”

    This is part the DON’s ongoing efforts to foster an inclusive and supportive environment that values the contributions of all individuals, including those with disabilities. Demonstrating this commitment, the DON established an IWD Champions Council, which is a collection of Senior Executive leaders taking actionable steps to target recruitment of IWD and promoting a more accessible work environment with accommodations in place necessary for successful employment.

    For more information on this initiative, please visit https://www.secnav.navy.mil/navalciviliancareers/Pages/Individuals-with-Disabilities.aspx and youtube.com/@NavalCivilianCareers to view more material showcasing the stories and contributions of DON civilian employees with disabilities, highlighting their critical roles in supporting the mission of the Navy and Marine Corps

    MIL Security OSI

  • MIL-OSI USA: Congressman Zinke Announces over $31 Million dollars in Transportation Grants for Bridge and Airport Projects Across Western Montana

    Source: United States House of Representatives – Western Montana Congressman Ryan Zinke

    Funds will go to replacing the Sportsman Bridge in Bigfork as well as expansion and modernization projects for airports in Missoula and Kalispell

    (WASHINGTON, D.C.) – Today, Western Montana Congressman Ryan Zinke announced the allocation of over $28.4 million in funding for bridge replacement in Bigfork, Montana. The new bridge will have an expanded deck width, be built on a redundant girder system, and use geogrid reinforcement to improve seismic resiliency. Sportsman Bridge was constructed in 1955 and currently does not meet standards for traffic volume in the area.

    The Congressman also announced two grants for airports in Kalispell and Missoula. The Missoula Montana Airport will be using the $875,000 for a revenue guarantee and associated marketing plan to recruit, initiate, and support year-round service to Chicago, expanding service to the airport. Glacier Park International Airport in Kalispell will be using the $2.5 million in funds to expand terminals and modernize gates and ticket areas, hold rooms, checkpoint lanes, utilities upgrades, and building envelope upgrades to improve efficiency, capacity, and accessibility.

    “Montana has been ignored for decades on our infrastructure. When counties don’t have working bridges, roads, airports, or sewer systems, they can’t promote growth in their economies,” said Congressman Zinke. “I am happy to be able to announce that with these grants we were able to get the Federal Government to pay attention to the needs of Montana.”

      

    Grant details are below:

    Recipient: Montana Department of Transportation

    Amount: $28,462,652

    Purpose: The project will replace the existing two-lane bridge with a more resilient two-lane bridge to maintain and improve access over the Flathead River in northwest Montana on Montana Highway 82 in Flathead County. Constructed in 1955, the existing bridge exhibits poor deck condition and its deck width does not meet current standards for accommodating future traffic volume growth. The structure also ranks high as a candidate for seismic retrofit as it is a two-girder non-redundant bridge that lies between two faults of the Mission Fault System. The new bridge will have an expanded deck width, be built on a redundant girder system, and use geogrid reinforcement to improve seismic resiliency. An additional 1.7 feet of freeboard and embankment protectors to route deck drainage will improve climate resiliency. Wider shoulders will allow drivers to pull out of travel lanes in emergency situations, allowing emergency responders to avoid vehicles parked on the shoulder.

      

    Recipient: Glacier Park International Airport

    Amount: $2,500,000

    Purpose: This award funds a portion of the terminal expansion and modernization project including gates and ticket areas, hold rooms, checkpoint lanes, utilities upgrades, and building envelope upgrades to improve efficiency, capacity, and accessibility.

      

    Recipient: Missoula Montana Airport 

    Amount: $875,000

    Purpose: Revenue guarantee and associated marketing plan to recruit, initiate, and support year-round service to Chicago (ORD).

     

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    MIL OSI USA News

  • MIL-OSI USA: Feenstra Helps Introduce Legislation to Deliver Financial Relief for Iowa Farmers

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    HULL, IOWA – Last week, U.S. Rep. Randy Feenstra (R-Hull) helped introduce legislation – led by U.S. Rep. Trent Kelly (R-MS) – to help deliver financial relief to American farmers facing low commodity prices and high input costs this crop year.

    “President Biden and Vice President Harris approved trillions of dollars in reckless government spending that sent inflation skyrocketing and have completely failed to open new export markets for our producers. This one-two punch helped cause interest rates and input costs to rise significantly while a lack of demand for American-made agricultural products across the globe has exacerbated our low commodity prices,” said Rep. Feenstra. “It’s why I’m glad to support the FARM Act, which will deliver financial relief to our farmers and producers in the face of high operating costs and unrelenting inflation. We must pass this legislation in conjunction with the Farm Bill – which includes an increase in reference prices for commodities like corn and soybeans – to provide certainty and support for our farm families.”

    This legislation – dubbed the FARM Act – specifically directs the Secretary of Agriculture to make emergency assistance payments to farm producers to alleviate the financial imbalance between high input costs and low commodity prices.

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    MIL OSI USA News

  • MIL-OSI USA: Congressman condemns racist remarks about Puerto Ricans

    Source: United States House of Representatives – Representative Jonathan Jackson – Illinois (1st District)

    FOR IMMEDIATE RELEASE

    CONGRESSMAN JONATHAN L. JACKSON CONDEMNS RACIST ATTACKS AGAINST PUERTO RICANS

    Chicago, IL – 10/29/2024 – Congressman Jonathan L. Jackson today issued a strong condemnation of the recent racist comments made against Puerto Ricans. In a statement, Congressman Jackson emphasized the importance of unity, respect, and the celebration of diversity within our nation.

    “These comments are not only deeply offensive but also completely unacceptable,” said the Congressman. “Puerto Ricans are an integral part of our American family, contributing to our society in countless ways. Racism and discrimination have no place in our country, and we must stand together to denounce such hateful rhetoric.”

    “It is very sad that Former President Trump did not condemn this, and other racist, bigoted, and divisive statements made during his rally. At his Madison Square Garden campaign rally, speakers referred to Puerto Rico as a ‘floating pile of garbage,’ said that African Americans ‘carved watermelons,’ referred to V.P. Kamala Harris as having a ‘pimp,’ described Democrats as ‘the enemy within,’ and repeated the 1939 Nazi chant ‘America for Americans.’ This rally follows previous statements where the former President claimed that Haitian migrants in Springfield, OH have been ‘eating the dogs, eating the cats.’ He has also referred to Mexicans as rapists and said that there were ‘very fine people on both sides’ during a Neo-Nazi rally in Charlottesville, VA.

    For Vice Presidential nominee J.D. Vance to also dismiss these hate speeches is absolutely beneath the dignity of anyone inspiring for any office of leadership in the U.S.  Vance has embraced that “Great Replacement Theory” which promotes the idea that “White People” are being replaced in America by minorities and thus we must have a stricter immigration policy as well as policies to force White women to produce more children.

    Congressman Jackson called for immediate action to address the issue and urged his colleagues in Congress to join him in condemning these remarks. “We must work tirelessly to ensure that all individuals, regardless of their background, are treated with dignity and respect,” he added. “Our diversity is our strength, and we must protect it.”

    The Congressman also highlighted the need for continued education and awareness to combat racism and promote inclusivity. “We have a responsibility to educate ourselves and others about the harmful effects of racism and to foster an environment where everyone feels valued and respected,” he said.

    Puerto Ricans have consistently demonstrated their dedication and bravery, serving in all U.S. wars since World War I and contributing significantly to the nation’s military efforts.  Over 1,900 U.S. citizens of Puerto Rico have made the ultimate sacrifice in defense of America’s freedom. Puerto Ricans have been influential in American politics. Nydia Velázquez was the first Puerto Rican woman elected to the U.S. House of Representatives and currently Alexandria Ocasio-Cortez (D-NY), Darren Soto (D-FL), Jenniffer González-Colón (R-PR) join her in representing the Puerto Rican community.

    Puerto Ricans have consistently shown their dedication and bravery, serving in all U.S. wars since World War I and making significant contributions to the nation’s military efforts. Over 1,900 U.S. citizens from Puerto Rico have made the ultimate sacrifice in defense of America’s freedom. In American politics, Puerto Ricans have also been influential. Nydia Velázquez was the first Puerto Rican woman elected to the U.S. House of Representatives, and currently, Alexandria Ocasio-Cortez (D-NY), Darren Soto (D-FL), and Jenniffer González-Colón (R-PR) join her in representing the Puerto Rican community.

    Congressman Jackson remains committed to advocating for the rights and well-being of all communities and will continue to work towards a more inclusive and equitable society.  He calls on all of the better angels of America to come together and denounce hate in all forms.

    ###

    Contact:

    Robert Hillard Patillo II

    Office of the Director of Communications

    Office of Congressman Jonathan L. Jackson (D-IL-01)
    1641 Longworth HOB, Washington, DC 20515 

    Robert.Patillo@mail.house.gov

    Official Website | 202-225-4372 

    MIL OSI USA News

  • MIL-OSI Europe: Highlights – 2023 Commission Discharge: Hearing with Commissioners Vestager and Ivanova – Committee on Budgetary Control

    Source: European Parliament

    European Commission © Image used under the license from Adobe Stock

    Hearing on 4 November 2024 on MFF Heading 1 and Heading 5 with Margrethe Vestager, Executive Vice-President of the Commission, responsible for A Europe Fit for the Digital Age and Iliana Ivanova, Commissioner responsible for Innovation, Research, Culture, Education and Youth, in the presence of ECA Reporting Members Mihails Kozlovs (MFF Heading 1) and Marek Opioła (MFF Heading 5).

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Graphite exploitation projects – P-001913/2024(ASW)

    Source: European Parliament

    The Commission opened a call for applications for strategic projects[1] under the Critical Raw Materials Act (CRMA)[2] on 23 May 2024.

    The Commission received 170 applications by the cut-off date of 22 August 2024. These applications are currently under assessment.

    The Commission will not communicate about the applications during the assessment since it could undermine the commercial interests of the project promoters. Once the assessment process is finalised, the Commission will publish on its website the list of recognised strategic projects.

    Strategic projects under the CRMA are expected to contribute to the achievement of the 2030 benchmarks defined in Article 5 of the CRMA.

    They must also demonstrate that they are technically feasible, implemented sustainably and that they make a meaningful contribution to the security of the EU’s supply of strategic raw materials.

    The recognition of a project as a strategic project by the Commission has several advantages, including streamlined and predictable permitting procedures and support in gaining access to finance. The CRMA itself does not provide for direct EU funding to the recognised projects.

    • [1] https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials/strategic-projects-under-crma_en
    • [2] Regulation (EU) 2024/1252 of the European Parliament and of the Council of 11 April 2024 establishing a framework for ensuring a secure and sustainable supply of critical raw materials and amending Regulations (EU) No 168/2013, (EU) 2018/858, (EU) 2018/1724 and (EU) 2019/1020 (Text with EEA relevance), https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202401252
    Last updated: 29 October 2024

    MIL OSI Europe News

  • MIL-OSI Europe: Boost for climate adaptation in Europe as EIB and WWF join forces to develop Nature-based Solutions at scale

    Source: European Investment Bank

    EIB

    • EIB and WWF will collaborate to mobilise early-stage funding for Nature-based Solutions.
    • Partnership will develop projects to strengthen climate adaptation by working with nature.
    • Accord signed during United Nations Convention on Biodiversity COP16 in Colombia.

    With Europe facing increasingly intense floods and droughts, the European Investment Bank (EIB) and WWF are teaming up to accelerate climate adaptation in Europe by developing Nature-based Solutions (NbS) that will help to buffer societies and economies against the worsening impacts of the climate and biodiversity crises.

    In a Memorandum of Understanding, the EIB and WWF pledged to promote Nature-based Solutions across Europe to tackle the twin crises of climate change and biodiversity loss. Signed during the United Nations Convention on Biodiversity COP16 in Colombia, the four-year partnership will focus on ecosystem restoration projects linked to sectors such as agriculture, energy, and urban resilience, which will harness the power of nature to strengthen climate adaptation in Europe – the fastest-warming continent on Earth.

    By investing in enhancing the health of ecosystems, the projects will also help to reverse nature loss in the continent. The recent WWF Living Planet Report found that species populations have declined by 35 per cent on average in Europe and Central Asia since 1970.

    Under the agreement, WWF will establish an ‘Incubation facility’ to develop a pipeline of Nature-based Solutions from origination until they are investment-ready, while the EIB will provide guidance on mobilising public and private funding for them.

    “Europe’s adaptation to climate change lags far behind what is needed,” said EIB Vice-President, Ambroise Fayolle, ”We want to support more nature-based-solution projects to restore and protect biodiversity and strengthen the climate resilience of our society. Partnerships with organisations like WWF with a strong presence on the ground are a relevant way for us to help deliver tangible results on a large scale.”

    Nature-based solutions face significant obstacles including a lack of awareness among investors and a need for consensus building among a wide range of local players.

    “Nowhere is immune from the climate crisis. Europe has been hit by a series of historic floods and droughts in recent years, devastating lives and livelihoods – and they are only going to get worse unless we urgently and drastically scale up investment in Nature-based Solutions,” said WWF Director General Kirsten Schuijt. “This partnership will do exactly that by creating a pipeline of projects that work with nature rather than against it. These projects will enhance the power of nature to protect Europeans from the worsening impacts of climate change, particularly droughts and extreme floods along the continent’s rivers and coasts.”

    The announcement of this partnership is timely as the new European Commission has announced that it will work on a European Climate Adaptation Plan, which will support building preparedness and planning with regular science-based risk assessments and a European Water Resilience Strategy.

    It also comes after the EU Nature Restoration Law was adopted in August 2024. This regulation combines an overarching restoration objective for the long-term recovery of nature in the EU with binding restoration targets for specific habitats and species.

    Over the years, the EIB has worked with WWF on a range of matters including Nature-based Solutions, biodiversity, climate resilience and ecosystem restoration. Cooperation has focused on the Sustainable Blue Economy Finance Principles, of which the EIB is one of the founding partners alongside WWF. Another example is EIB cooperation with WWF-Greece on stakeholder engagement to identify and develop nature-based solutions for flood resilience in Thessaly, Greece.

    EIB at COP16

    The EIB delegation will be led by Vice-President Ambroise Fayolle. For interview requests with members of the EIB delegation please get in touch with the press contact below. Find out more about EIB at the United Nations Biodiversity Conference here.

    Background information

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It is active in more than 160 countries and makes long-term finance available for sound investment in order to contribute towards EU policy goals.

    As the Climate Bank, the EIB recognises that climate change and nature loss are deeply interconnected and mutually reinforcing environmental crises. The EIB Climate Adaptation Plan builds on the EU Adaptation Strategy, setting out how the EU can adapt to the unavoidable impacts of climate change. The EIB Environment Framework outlines the EIB’s delivery of environmental sustainability impacts at scale. Mainstreaming nature-positive investments, increasing the co-benefits for nature, protecting biodiversity and managing the risks from biodiversity and nature loss are key elements of the Framework. 

    WWF is one of the world’s largest and most respected independent conservation organizations, with over 5 million supporters and a global network active in over 100 countries. WWF’s mission is to stop the degradation of the earth’s natural environment and to build a future in which humans live in harmony with nature, by conserving the world’s biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption

    MIL OSI Europe News

  • MIL-OSI Europe: Highlights – Workshop on the post-2027 EU long term budget – 07.11.2024 – Committee on Budgets

    Source: European Parliament

    In a context shaped by unprecedented challenges and uncertainties, this workshop will delve into topics of strategic relevance for the BUDG Committee and its preparatory work for the own-initiative report that will set out the Parliament’s priorities and expectations for the post-2027 EU long-term budget, before the Commission’s proposal, due by July 2025.

    The workshop will gather external experts from the London School of Economics, CEPS, University of Cologne, College of Europe, Bruegel and Jacques Delors Institute, that will share their insights and policy-oriented inputs regarding the following topics:

    • Performance-based instruments and mainstreaming in the EU budget
    • EU added value
    • MFF flexibility
    • Management of EU liabilities
    • EU enlargement

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Consequences of the judgment of the Court of Justice of the EU – P-001898/2024(ASW)

    Source: European Parliament

    On 27 September 2024, the Commission has lodged appeals against the two judgments of the General Court of 17 July 2024, seeking to partially annul the confirmatory decisions in cases T-689/21 Auken and others v Commission[1] and T-761/21 Courtois and others v Commission[2], concerning public access to the unredacted versions of the contracts for the purchase of COVID-19 vaccines.

    The latter case concerned, in addition, access to the declarations of absence of conflict of interests signed by the representatives in the EU-Member States Joint Negotiation Team.

    • [1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A62021TJ0689
    • [2]  https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A62021TA0761
    Last updated: 29 October 2024

    MIL OSI Europe News