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  • MIL-OSI Security: Possession of stolen firearm sends Reed Point man to prison for more than eight years

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    GREAT FALLS — A Reed Point man who admitted to possessing a stolen firearm found in a stolen vehicle that crashed near Helena following a pursuit was sentenced today to eight years and eight months years in prison, to be followed by three years of supervised release, U.S. Attorney Jesse Laslovich said today.

    The defendant, Jarred Lane Saunders, 26, pleaded guilty in June to prohibited person in possession of a firearm.

    Chief U.S. District Judge Brian M. Morris presided. The court also ordered $18,252.98 restitution.

    “Stolen firearms and drugs are a dangerous combination. Here, Saunders likely stole 23 guns from a vehicle parked at a Billings hotel, then was arrested in Helena after a pursuit and found in possession of fentanyl and one of the stolen guns. Saunders’ criminal conduct posed a serious threat to public safety, and we remain united with our law enforcement partners in getting these offenders off our streets,” U.S. Attorney Laslovich said.

    The government alleged in court documents that on Oct. 12, 2022, Billings police officers responded to a report of 23 firearms that had been stolen from a vehicle parked in a hotel parking lot. Saunders likely stole the 23 firearms because his fingerprints were found at the scene and then brought stolen firearms and fentanyl in a stolen car to Helena. On Oct. 15, 2022, the Montana Highway Patrol pursued a stolen Mercedes, which had been taken in Billings on Oct. 11, 2022. The Mercedes eventually crashed in a private driveway, and Saunders was arrested by Helena police officers. At his arrest, Saunders complained that he ingested 15 to 20 fentanyl pills. A search warrant was executed on the Mercedes, and officers found approximately 300 fentanyl pills, a small amount of methamphetamine and a .22-caliber pistol that had been stolen from the vehicle in Billings. A witness told Billings police of seeing Saunders with three duffle bags full of guns. That person received three of the firearms knowing they were stolen. At the time Saunders possessed the firearms, he was an unlawful user of controlled substances.

    The U.S. Attorney’s Office prosecuted the case. The Bureau of Alcohol, Tobacco, Firearms and Explosives, Billings Police Department, Montana Highway Patrol, Butte-Silver Bow Law Enforcement, Montana Division of Criminal Investigation and Helena Police Department conducted the investigation.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results. For more information about Project Safe Neighborhoods, please visit Justice.gov/PSN.

    XXX

    MIL Security OSI –

  • MIL-OSI: Scintilla relaunches as a pioneer in digital asset solutions, expanding its role in the future of finance

    Source: GlobeNewswire (MIL-OSI)

    Dubai, UAE, Oct. 25, 2024 (GLOBE NEWSWIRE) — Following a management buy-out by the management team at TOKO FZE, the business has been rebranded as Scintilla, the revolutionary platform providing on-chain solutions and services to make investments more inclusive, accessible, and efficient. Having been developed within DLA Piper’s Law& innovation portfolio, TOKO – now Scintilla has a fresh brand identity, new leadership, and innovative product offerings. Scintilla is set to reshape the future of finance by enabling businesses to unlock the power of blockchain technology across various asset classes, with DLA Piper remaining as a minority shareholder. 

    Regulated by Dubai’s Virtual Assets Regulatory Authority (VARA), Scintilla is one of the first digital asset companies to gain full market licenses, marking a significant milestone in the sector’s landscape. Being a regulated entity underscores Scintilla’s commitment to the highest standards of compliance and security while pioneering new solutions for tokenization in the global market.

    Innovating Finance Through Tokenization
    Scintilla offers a comprehensive suite of tokenization services designed to bring liquidity, transparency, and efficiency to traditional finance sectors. From tokenized financial products, and real estate all the way to new legal funding products, Scintilla’s digital asset solutions enable clients to tokenize assets that were previously inaccessible to investors or illiquid.

    Scintilla’s services include:

    • Advisory Services:
      The gateway to successful market entry. From initial opportunity assessment to strategic development of game-changing tokenization-based solutions. 
    • Use Case Development:
      Bringing products to life. From initial POC development and iteration towards MVP all the way through to the full market launch. 
    • Broker/Dealer Services:
      Creating new markets. Regulated primary market trading, ensuring the highest levels of trust and security within the tokenization space. 
    • Exchange Services:
      Universal participation. Seamless, secure secondary trading of tokenized assets, with industry-leading technology and compliance standards.

    Scintilla is uniquely positioned to capitalize on the confluence of Dubai’s world-leading regulatory environment, cutting-edge technology, and the burgeoning RWA market.

    A New Era for Scintilla
    The relaunch of Scintilla represents more than just a rebranding—it signifies the company’s growing ambition to lead in the digital asset space. With an expanded team of industry experts, including continuing Board representation from DLA Piper, and a clear strategic vision, Scintilla is set to drive the adoption of tokenization in traditional financial markets.

    “Our relaunch marks the beginning of an exciting new chapter for Scintilla and the wider industry. We are committed to pushing the boundaries of what is possible in digital finance while ensuring our solutions are underpinned by strong regulatory compliance,” said Tim Popplewell, CEO of Scintilla. “With our new suite of products and services, we are empowering investors to transform the way they manage and access value.”

    Jean-Pierre Douglas-Henry, Managing Director, Sustainability and Resilience, DLA Piper added: “Innovation is a key strand in our business strategy. As our business focuses on developing and nurturing innovations that add significant value to our clients through our Law& innovation program, it is fantastic to see this solution spun out into the thriving digital asset space for the next stage of its growth and development.”

    NOTE: All regulated advisory, broker/dealer, and exchange services are currently carried out by TOKO FZE, a VARA-regulated body. (VARA License No.VL 23/07/002.)
    Leading the Way in the Digital Asset Economy

    Scintilla is at the forefront of the digital asset revolution, creating new opportunities in the global marketplace. Born out of the global law firm DLA Piper, Scintilla is a digital asset creation platform that couples the compliance and regulatory rigor of a law firm with the innovative technology solutions of tomorrow. Fully regulated by Dubai’s Virtual Assets Regulatory Authority (VARA), Scintilla provides end-to-end virtual assets solutions; empowering asset owners, issuers, and investors to solve real-world problems and promote financial inclusion.

    For more information, visit scintillanetwork.com

    The MIL Network –

  • MIL-OSI Economics: Intercap Consulting Limited

    Source: Isle of Man

    Notice is hereby given that Intercap Consulting Limited, which was registered under the Designated Businesses (Registration & Oversight) Act 2015, has been de-registered in accordance with 12(1)(a) of this Act with effect from 25/10/2024.

    MIL OSI Economics –

  • MIL-OSI Africa: African Development Bank President calls for bold, innovative and practical solutions to tackle poverty in Africa

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

    WASHINGTON D.C, United States of America, October 25, 2024/APO Group/ —

    Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s fastest-growing continent and hampering achievement of global development goals. To tackle these challenges and speed up the continent’s efforts to achieve these goals, the president of the African Development Bank (www.AfDB.org), Dr. Akinwumi Adesina on Thursday called for bold reforms from development partners.  

    “We need bolder resolve, innovative and practical solutions, and stronger coordinated action at scale,” he said during a meeting of multilateral development bank (MDB) heads with the G20 Global Alliance against Hunger and Poverty (http://apo-opa.co/3YzKsaP). The MDB leaders met on the sidelines of the International Monetary Fund and the World Bank Group’s ongoing annual meetings in Washington DC.

    Adesina who is leading the Bank’s delegation participating in key sessions of the Bretton Wood institutions’ meetings, will highlight his priority concerns for Africa: combatting hunger and eliminating malnutrition, providing electricity to 300 million people by 2030, scaling up infrastructure for agricultural and industrial transformation, combatting climate change, and supporting some of the world’s most fragile nations by mobilizing additional resources for the African Development Fund – the  Bank Group’s concessional lending arm.

    “Our strength lies in consolidating our collaboration, mobilizing resources at speed and scale, and deploying them where they are needed most,” Adesina said.

    High on Adesina’s agenda is the opportunity to consolidate partnerships with partner multilateral development banks such as the World Bank.

    The two institutions are working on co-hosting an Africa Energy Summit in Tanzania in January 2025 to accelerate Mission 300, a joint initiative to connect 300 million people in Africa to electricity by 2030. At that summit, African leaders are expected to endorse an Africa Energy Compact.

    Dr. Adesina is accompanied by a team of the institution’s senior management team  including the Bank’s Senior Vice President Marie Laure Akin-Olugbade, Hassatou N’Sele, Vice President for Finance and Chief Financial Officer, Kevin Kariuki, Vice President for Power, Energy, Climate and Green Growth, Beth Dunford, Vice President, Agriculture, Human and Social Development, Chief Economist and Vice President, Economic Governance and Knowledge Management, Kevin Urama, as well as Nnenna Nwabufo, Vice President for the Regional Development, Integration and Business Delivery Complex.

    Also in Washington, Adesina will participate in a meeting of heads of MDBs, hold bilateral meetings with development partners and host a meeting of the Africa Investment Forum’s founding partners.

    The 2024 Africa Investment Forum (http://apo-opa.co/3YzKsrl) which will take place in Morocco in December, offers bountiful opportunities for international investors. The forum has attracted over $180 billion in investment interest in Africa over the last five years across various sectors including agribusiness, energy, roads and transport, health, and digital technology.

    Earlier this week, US Secretary of the Treasury Janet Yellen spoke on the Evolution of MDBs and their significant achievements in the development agenda for Africa and the world.  She highlighted the increase in May of the Bank’s callable capital, the Mission 300 joint initiative with the World Bank and the African Development Bank’s work on addressing fragility in various parts of the continent.

    “Outside of crisis contexts, countries are increasingly addressing the underlying drivers of fragility and conflict, such as in the case of an African Development Bank loan to the Democratic Republic of Congo to invest in increasing agricultural productivity in communities that had been displaced,” Yellen said.

    Next week, Adesina will travel to Des Moines, Iowa, where he will take part in the 2024 Borlaug Dialogue and World Food Prize. A number of African Heads of State and Government are expected in Iowa for high-level meetings around global food security and agricultural innovation.

    The 2024 IMF Annual Meetings take place from October 21–26 in Washington, DC. The meetings include the International Monetary and Financial Committee (IMFC) and the Development Committee, a joint forum of the IMF and the World Bank.

    President Akinwumi Adesina participates at the 4th G20 Finance Ministers and Central Bank Governors Meeting – African Development Bank Group https://apo-opa.co/4fegwX8

    President Akinwumi Adesina co-hosts and delivers opening remarks at the Financing for the G20 Global Alliance against Hunger and Poverty through SDR event https://apo-opa.co/3YiSMKE

    MIL OSI Africa –

  • MIL-OSI United Kingdom: PM meeting with Prime Minister Mataʻafa of Samoa: 25 October 2024

    Source: United Kingdom – Executive Government & Departments

    The Prime Minister met Samoan Prime Minister Afioga Fiamē Naomi Mataʻafa this morning, as part of the Commonwealth Heads of Government Meeting.

    The Prime Minister met Prime Minister Afioga Fiamē Naomi Mataʻafa this morning, as part of the Commonwealth Heads of Government Meeting.

    The Prime Minister thanked Prime Minister Fiamē for hosting such a successful summit and for the generosity and kindness of the Samoan people.

    The summit had offered a chance for leaders to reflect on the importance of the Commonwealth family and how the group could go further to support all members in the face of shared challenges, such as climate change, he added.

    The leaders also discussed the importance of leveraging international finance to support Small Island Developing States, especially in the Pacific.

    The leaders agreed to stay in touch.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: PM meeting with Prime Minister Albanese of Australia: 25 October 2024

    Source: United Kingdom – Executive Government & Departments

    The Prime Minister met Australian Prime Minister Anthony Albanese at the Commonwealth Heads of Government Meeting this week.

    The Prime Minister met Australian Prime Minister Anthony Albanese at the Commonwealth Heads of Government Meeting this week.

    The Prime Minister began by expressing commitment to visit Australia in the near future.

    The leaders reflected on the future of the Commonwealth, including the opportunity to drive trade and growth, and build brighter futures for the next generation.

    Turning to the impact of climate change in the region, and the importance of ensuring resilience among Commonwealth members, including in the Pacific, the Prime Minister said he was pleased that Australia had bid to host COP31.

    The leaders discussed the opportunity of transitioning to clean energy and ensuring energy security throughout the transition.

    The leaders also discussed global stability, including the situation in the Middle East and the importance of regional security in the Pacific.

    The Prime Minister looked forward to speaking again soon.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: PM call with crew of HMS Tamar: 25 October 2024

    Source: United Kingdom – Executive Government & Departments

    The Prime Minister spoke to the crew of HMS Tamar this evening to thank them for their service and praise their role in securing Royal New Zealand Navy ship HMNZS Manawanui earlier this month.

    The Prime Minister spoke to the crew of HMS Tamar this evening to thank them for their service and praise their role in securing Royal New Zealand Navy ship HMNZS Manawanui earlier this month.

    The Prime Minister heard firsthand from members of the ship about their 650-mile high-speed transit from Fiji following the mayday call on October 5. They remained at the scene for almost two weeks providing recovery and pollution control efforts.

    This week, the ship has been bolstering security to Samoa for the Commonwealth Heads of Government Meeting, patrolling off the coast of the island while the summit is taking place.

    The Prime Minister paid tribute to the crew’s dedication and commitment so far away from home.

    He asked the ship’s company to pass on his sincere thanks to their families for their sacrifice at home too.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Australia funds back British economy with major moves to the UK

    Source: United Kingdom – Executive Government & Departments

    A further billion pounds of investment will be injected into the British economy as the Prime Minister continues his drive to attract foreign business back to the UK.

    A further billion pounds of investment will be injected into the British economy as the Prime Minister continues his drive to attract foreign business back to the UK.

    • Prime Minister Keir Starmer continues drive on growth during historic first visit to the Pacific   
    • This comes as Australian superannuation fund Aware Super forms a strategic partnership with a British property firm to invest up to £1 billion in UK property 
    • Australian boost builds on the major success of International Investment Summit last week, which included a further £2.4 billion of investment from Down Under

    The boost comes as UK firms break into the New Zealand banking sector, growing jobs in the UK, and expanding their global operations.    

    Australia’s biggest pension fund, AustralianSuper is also preparing to bolster its international investment team in London, in a major vote of confidence for the UK as a global asset management centre.

    The Fund expects to manage £250 billion from its London office by 2035, an increase of more than 10 times over the next decade, from its current management of around £15 billion from its UK base.

    The Prime Minister met the CEO of the Australian firm, Paul Schroder, on arrival in Samoa yesterday to discuss the move.   

    Meanwhile, Aware Super, one of Australia’s top performing and largest profit-for-member superannuation funds, has formed a strategic partnership with Delancey Real Estate to invest up to an initial £1 billion in UK property, further bolstering UK – Australia economic ties.

    Its initial focus will be on Central London office sites in prime locations, upgrading and renovating properties to ensure they meet environmental standards and deliver on the partnership’s commitment to reducing carbon emissions in the property market.

    Prime Minister Keir Starmer said:

    These investments are a major vote of confidence in the UK, and in this Government.

    I am determined to ensure that UK is the best place in the world to invest and do business, so we improve the lives of hardworking people.

    By attracting strong, sustained investment, we will also build the expertise we need to drive innovation, stay ahead of the global game, and support economies around the world with British backed projects.

    AustralianSuper chief executive Paul Schroder said:   

    We invest heavily in Australia, but our size requires an increasingly international focus. We are ramping up our investment capabilities in the UK as it is one of the world’s leading gateways to both talent and global markets, which are key for driving future returns for members.

    By 2035 we expect to manage approximately £250 billion of investments from our London hub, which will represent a significant portion of our global portfolio. We have great confidence in the fundamentals of the UK economy and the country’s commitment to global growth.

    This underpins our confidence in the investments we have already made in the UK such as the Canada Water urban regeneration project, London’s King’s Cross Estate, Peel Ports Group and Vantage Data Centers. We also see great potential for new investment opportunities in the energy transition, digital infrastructure, mixed-use estates, transport and logistics.

    Aware Super chief executive Deanne Stewart:

    Aware Super has strong confidence in the UK economy and markets and is pleased to announce a ground-breaking new commercial partnership that will invest up to an initial £1 billion, an exciting milestone that will coincide with the first anniversary of establishing our London Office.

    Meanwhile, UK firms obconnect and Raidiam have been making waves in the New Zealand banking sector, rolling out the British Confirmation of Payee (CoP) system to revolutionise banking in the country, in partnership with the NZ Banking Association.  

    No other companies are currently able to offer the same service, with the partnership combining specialist expertise of the two British companies to serve as a fulcrum for data sharing and facilitating fraud prevention across any territory.   

    The deal has allowed the companies to expand their UK operations to more than 250 people.   

    The win for the British companies come after mobile banking app Revolut broke into the New Zealand market last year. The firm is preparing to expand their operations in the country from 4 FTEs focused on New Zealand investments, to 10 over the next 12 months.   

    The British business wins coincide with the UK securing CPTPP ratification from Australia in the next step towards accession of the trading bloc – the first non-founding country to do so.   

    The boost in Australian investment also comes after a string of Australian announcements as part of the government’s International Investment Summit, which attracted more £63 billion of investment into the UK economy and created 38,000 jobs.   

    They included Australian firms Macquarie supporting investment of £1.3 billion into new green infrastructure and IFM investing more than £1.1 billion through Manchester Airports Group into London Stansted Airport to expand its existing terminal by around a third. The investment will secure new air routes to key business and leisure destinations, boost local supply chains and create 5,000 jobs.   

    The Prime Minister’s visit to Samoa for the Commonwealth Heads of Government Meeting is the first by a sitting Prime Minister to a Pacific Island.  During the summit, the Prime Minister will make the case to build resilient economies across the Commonwealth to unlock growth and investment.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Press release: PM meeting with Prime Minister Mataʻafa of Samoa: 25 October 2024

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    The Prime Minister met Samoan Prime Minister Afioga Fiamē Naomi Mataʻafa this morning, as part of the Commonwealth Heads of Government Meeting.

    The Prime Minister met Prime Minister Afioga Fiamē Naomi Mataʻafa this morning, as part of the Commonwealth Heads of Government Meeting.

    The Prime Minister thanked Prime Minister Fiamē for hosting such a successful summit and for the generosity and kindness of the Samoan people.

    The summit had offered a chance for leaders to reflect on the importance of the Commonwealth family and how the group could go further to support all members in the face of shared challenges, such as climate change, he added.

    The leaders also discussed the importance of leveraging international finance to support Small Island Developing States, especially in the Pacific.

    The leaders agreed to stay in touch.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Press release: PM call with crew of HMS Tamar: 25 October 2024

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    The Prime Minister spoke to the crew of HMS Tamar this evening to thank them for their service and praise their role in securing Royal New Zealand Navy ship HMNZS Manawanui earlier this month.

    The Prime Minister spoke to the crew of HMS Tamar this evening to thank them for their service and praise their role in securing Royal New Zealand Navy ship HMNZS Manawanui earlier this month.

    The Prime Minister heard firsthand from members of the ship about their 650-mile high-speed transit from Fiji following the mayday call on October 5. They remained at the scene for almost two weeks providing recovery and pollution control efforts.

    This week, the ship has been bolstering security to Samoa for the Commonwealth Heads of Government Meeting, patrolling off the coast of the island while the summit is taking place.

    The Prime Minister paid tribute to the crew’s dedication and commitment so far away from home.

    He asked the ship’s company to pass on his sincere thanks to their families for their sacrifice at home too.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Press release: PM meeting with Prime Minister Albanese of Australia: 25 October 2024

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    The Prime Minister met Australian Prime Minister Anthony Albanese at the Commonwealth Heads of Government Meeting this week.

    The Prime Minister met Australian Prime Minister Anthony Albanese at the Commonwealth Heads of Government Meeting this week.

    The Prime Minister began by expressing commitment to visit Australia in the near future.

    The leaders reflected on the future of the Commonwealth, including the opportunity to drive trade and growth, and build brighter futures for the next generation.

    Turning to the impact of climate change in the region, and the importance of ensuring resilience among Commonwealth members, including in the Pacific, the Prime Minister said he was pleased that Australia had bid to host COP31.

    The leaders discussed the opportunity of transitioning to clean energy and ensuring energy security throughout the transition.

    The leaders also discussed global stability, including the situation in the Middle East and the importance of regional security in the Pacific.

    The Prime Minister looked forward to speaking again soon.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Smokers come forward to get support to Swap to Stop

    Source: City of Wolverhampton

    The Government recently announced measures to ensure that the country achieves its ambition of becoming Smokefree by 2030, including the provision of a million free ‘Swap to Stop’ vaping kits which, combined with behavioural support, are designed to help them quit smoking.

    The City of Wolverhampton Council has made these available at a range of community venues, including the city’s 8 Family Hubs and Central and Warstones libraries.

    The service is being delivered by trained members of staff, who are offering free vape starter kits alongside support and weekly ‘check in’ sessions delivered from the convenience of local community venues to help people on their quitting journey over a period of 12 weeks.

    Scores of would be quitters have already come forward to get help – and others are invited to sign up for free at Swap to Stop.

    John Denley, Wolverhampton’s Director of Public Health, said: “Stopping smoking is the best thing you can do for your health and the health of those around you.

    “Smoking is still the single largest preventable cause of death in England, accounting for around for 64,000 deaths annually. Almost every minute of every day someone is admitted to hospital with a smoking related disease – but, when you stop smoking, there are almost immediate improvements to your health.

    “And it’s not just your body which will benefit, your purse or wallet will too. On average smokers spend £38.59 a week on tobacco – and that means you could have around £2,000 more to spend a year by quitting, and even more if you are a really heavy smoker.

    “Nicotine vaping is substantially less harmful than smoking and is also one of the most effective tools for quitting, so we are delighted to deliver this Swap to Stop support in the community in Wolverhampton. If you want to quit, please sign up today.”

    Meanwhile, support to quit is also available through Live Well Wolverhampton, a new healthy lifestyles service offering people information, advice, guidance, self help tools and lifestyle interventions to enable them to make and maintain positive lifestyle choices. Please visit Live Well Wolverhampton or call or text ‘QUIT’ to 07378 768046 and an advisor will contact you.

    For more help and support to stop smoking, please visit Quit Smoking. 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Just one week left for people to have their say on school proposals 25 October 2024 One week left for people to have their say on school proposals

    Source: Aisle of Wight

    Island residents have one week left to take part in a major consultation on proposals to tackle the high number of surplus places in Isle of Wight primary schools.

    Hundreds of people have already shared their views on Isle of Wight Council plans to address almost 1,900 empty classroom seats by attending one of six in-person public meetings or completing the consultation survey.

    The council is seeking the widest possible range of views and is urging everyone to have their say before the deadline for comments on 1 November.

    The authority would welcome any viable alternative proposals that would reduce the level of surplus places while improving the quality of education.

    Amid a rapidly decreasing pupil population due to falling birth rates, the council must reduce school places and is consulting on the potential closure of Arreton CE, Brading CE, Cowes, Godshill, Oakfield CE and Wroxall primary schools, and a reduction in the Published Admissions Number (PAN) at The Bay CE School (from 60 to 45) and Greenmount (from 60 to 45).

    Alongside this the council is proposing to expand provision for children and young people with special educational needs and disabilities (SEND) to meet a growing need across the Island.

    Since the Island-wide consultation launched last month, a peer review by the Local Government Association (LGA) has described the council’s proposals as a pragmatic and necessary response to the ongoing educational financial challenges on the Island.

    Following the consultation, a further report will be presented to Cabinet in December detailing the responses and making recommendations about the next steps.

    Councillor Jonathan Bacon, Cabinet member for children’s services and education, said: “I can’t emphasise strongly enough how important it is for everyone — whether they are linked to the named schools or not — to join this Island-wide conversation to help shape the future of education on the Isle of Wight.

    “This process is part of our wider draft Education Strategy which is about raising educational standards on the Island. We are at the bottom of the national tables for educational standards, we have to do something.

    “If we are going to do the best for our young people we have to take drastic action to turn things around. This is about taking the long term view for the whole Island in order to achieve the best for our young people, their upbringing and their futures and build a more thriving Island as a result.

    “While our plans would see a reduction in the number of school places to respond to the falling birth rate, they would enable our remaining schools to be in the best possible position to improve outcomes for our children and young people by giving our school system and those within it the security that is desperately needed.

    “Indeed, the recent LGA Peer Review supports our decision to consider school closures as a way to address the issues facing the Island. It also commends our plans to expand SEND provision stating that this element of the plan is both timely and necessary.”

    How can I comment?

    There are several ways people can take part in the consultation:

    • Visit www.iow.gov.uk/schoolplace to read more and to complete the online questionnaire.
    • If you are unable to access the consultation form, please e-mail your views to strategic.planning@iow.gov.uk or write to: Strategic Development, Floor 3, County Hall, Newport, IOW, PO30 1UD.
    • Paper copies of the survey are available to collect from County Hall, High Street, Newport, Isle of Wight PO30 1UD, local libraries or can be posted out.

    Why is this happening?

    Because schools are funded per pupil, the oversupply of places in primary schools has had a negative impact on the standard of education children receive on the Island, preventing them from having the best opportunity for the highest quality teaching and learning within well-equipped schools.

    While almost 1,900 classroom seats go unfilled in mainstream schools, there is conversely a growing demand for SEND provision across the Island with hundreds of new specialist places desperately needed.

    The number of births on the Island has now reached its lowest level since 1941. This is having a significant impact on the Island where, by 2027, just 876 children are expected to start reception — a considerable drop from 1,404 in 2018.

    As of October 2023 there were 1,898 unfilled school places across the Island. By September 2027, this number is forecast to rise to 3,056.

    For every empty seat, schools receive £4,500 less in funding affecting resources, opportunities and the quality of education children receive. The ongoing trend indicates that by March 2027, 22 primary schools may face budget deficits, potentially amounting to a total deficit of more than £7.4 million.

    Surplus places mean schools struggle to maintain a broad and high-quality curriculum. Falling rolls also make planning and staffing decisions difficult, with schools potentially having to make year on year redundancies or having to restructure.

    More information

    For further information on the process and frequently asked questions please visit the council’s school place planning web page.

    Photo: Getty Images

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Launch of Phase 2 Budget Consultation 2025/26

    Source: Scotland – City of Aberdeen

    Aberdeen City Council has today launched the second and final phase of its Budget 2025/26 consultation. 

    The second phase provides additional proposed savings options and invites people to have their say on these, and comment on how changes might affect them if taken forward.  

    Councillor Alex McLellan, Convener of the Finance and Resources Committee, said: “The next phase of the consultation continues to offer the public an opportunity to express their views on proposed savings being put forward by council officers ahead of the Council setting the 2025/26 budget.

    “It is important that people participate as this will give us a greater understanding of what services are important to individuals and their families, and the potential impact any change or removal of a service may have on them.”

    Anyone who has access to the internet at home or on their mobile phone can access the consultation here.

    For anyone who does not have internet access at home, digital assistance is available at local libraries including the Central Library, and at the Customer Service Centre, Marischal College during opening hours.

    A series of virtual and in-person events have been arranged to help encourage public engagement. During these events, the public will have the opportunity to discuss any of the proposed options with council staff.  There will also be targeted engagement with community groups and other stakeholders.

    Monday 4 November – 5.30pm-7pm – virtual
    Microsoft Teams 
    Advanced booking is required. To book, please click here

    Monday 11 November – 11am-12.30pm – in-person

    Town and County Hall, Town House (entry via Union Street)

    Advanced booking is required. To book, please click here

    Tuesday 12 November – 5.30pm-7pm – virtual
    Microsoft Teams 
    Advanced booking is required. To book, please click here

    Wednesday 6 November – 6pm-7.30pm – in-person
    Customer Service Centre, Marischal College, Broad Street 
    Advance booking is required. To book, please click here

    The Council will host a series of pop-up events to offer digital assistance to citizens who would like support to complete the consultation online.  These sessions will be held within Aberdeen City Vaccination Centre located inside the Bon Accord Shopping Centre, George Street.  

    Advanced booking is NOT required to attend the below pop-up sessions.  

    • Thursday 31 October – 2pm-4pm
    • Thursday 7 November – 2pm-4pm
    • Thursday 14 November – 2pm-4pm

    For anyone who needs information provided in a different format, such as accessible PDF, large print, easy to read, audio recording or braille, or have any accessibility requirements, please email equality_and_diversity@aberdeencity.gov.uk

    The consultation closes on Sunday, November 17 and the results will be presented to Full Council on Wednesday, December 11. 

    MIL OSI United Kingdom –

  • MIL-OSI Russia: BRICS Congress. The Role of Education in Solving Global Economic Problems

    Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    On October 20 and 21, the BRICS Scientific and Educational Congress on Ecology and Climate Change was held at the Sirius Federal Territory. It brought together more than 500 representatives of science, education, the business community and governments of BRICS member countries, including India, Brazil, Iran and Ethiopia.

    The event was attended by the Director of the Institute of Civil Engineering of SPbPU Marina Petrochenko, Professor of the Higher School of Hydrotechnical and Power Engineering (HSHPE) Natalia Politaeva and Associate Professor of the HSHPE Alexander Chusov.

    Over the course of two days, business representatives and scientists discussed the following issues:

    The role of education in addressing global climate change issues; Water management in the context of climate change; New technologies for clean energy; Talent economy: New professions and skills in the context of “green” energy; Permafrost and climate change; Water purification technologies.

    In the expert session “New technologies for environmentally safe waste management and their role in the closed-loop economy” Natalia Politaeva presented a report “Innovative waste processing technologies”. In the poster session, the Civil Engineering Institute presented a team report “Utilization of organic waste with the production of biomethane”.

    On the second day of the event, with the assistance of SPbPU partner, the investment and technology company EFIR (RUSNANO Ecology and Nature Management cluster), representatives of the ISI held talks with Sirius University and the Russian-Singapore Business Council on the development of cooperation in the field of scientific and educational activities.

    The congress participants went on excursions to the Sirius educational center and the laboratory complex of the local university, where the latest infrastructure for training and supporting scientific research of talented young people is presented.

    At the congress, Polytech presented its unique technologies and developments in the field of waste management, which are of interest to businesses and the federal environmental operator that organizes and controls the collection, transportation, processing, recycling, neutralization and placement of waste of the first and second hazard classes. It was also important for us to exchange opinions with our foreign colleagues from Brazil, India and other countries. Everyone has common problems. It is obvious that we need to combine efforts and use the resource base, as well as the potential of foreign partners to solve the main problems of the environmental agenda, – commented on the results of the work, Director of the Civil Engineering Institute Marina Petrochenko.

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

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Postal services to Iraq subject to delay

    Source: Hong Kong Government special administrative region

    Postal services to Iraq subject to delay
    Postal services to Iraq subject to delay
    ****************************************

         Hongkong Post announced today (October 25) that, as advised by the postal administration of Iraq, due to the disruption to the domestic transportation network, mail delivery services to Iraq are subject to delay.

     
    Ends/Friday, October 25, 2024Issued at HKT 16:20

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Business expectations for the fourth quarter of 2024

    Source: Hong Kong Government special administrative region

    Business expectations for the fourth quarter of 2024
    Business expectations for the fourth quarter of 2024
    ****************************************************

         The Census and Statistics Department (C&SD) released today (October 25) the results of the Quarterly Business Tendency Survey for the fourth quarter (Q4) of 2024. Business situation      For all surveyed sectors taken together, the proportion of respondents expecting their business situation to be better (13%) in Q4 2024 over the preceding quarter is lower than that expecting it to be worse (16%).       When compared with the results of the Q3 2024 survey round, the proportion of respondents expecting a better business situation in Q4 2024 is 13%, higher than the corresponding proportion of 11% in Q3 2024, while the proportion of respondents expecting a worse business situation had increased from 12% in Q3 2024 to 16% in Q4 2024.      Analysed by sector, respondents in most of the surveyed sectors expect their business situation to decrease on balance or remain broadly unchanged in Q4 2024 as compared with Q3 2024. In particular, more respondents in the retail, manufacturing and construction sectors expect their business situation to be worse in Q4 2024 as compared with Q3 2024.      The results of the survey should be interpreted with care. In this type of survey on expectations, the views collected in the survey are affected by the events in the community occurring around the time of enumeration, and it is difficult to establish precisely the extent to which respondents’ perception of the future accords with the underlying trends. The enumeration period for this survey round was from September 3, 2024 to October 15, 2024.  Volume of business/output      Respondents in all of the surveyed sectors expect their volume of business/output to decrease on balance or remain broadly unchanged in Q4 2024 as compared with Q3 2024. In particular, more respondents in the construction, retail and manufacturing sectors expect their volume of construction output/sales/production to decrease in Q4 2024 over Q3 2024. Employment      Respondents in quite a number of the surveyed sectors expect their employment to remain broadly unchanged in Q4 2024 as compared with Q3 2024. Nevertheless, more respondents in the transportation, storage and courier services sector expect their employment to increase, as compared to those expecting it to decrease. Selling price/service charge      Respondents in most of the surveyed sectors expect their selling prices/service charges to remain broadly unchanged in Q4 2024 as compared with Q3 2024. In the construction and manufacturing sectors, however, more respondents expect their tender prices/selling prices to go down in Q4 2024 over Q3 2024. Commentary      A Government spokesman said that large enterprises’ overall business sentiment for the fourth quarter remained soft. Meanwhile, large enterprises’ appetite for hiring varied across sectors, but stayed largely steady in overall terms.      Looking forward, the spokesman said that the gradually easing financial conditions, the Central Government’s latest policy measures for supporting the Mainland economy as well as its various measures benefitting Hong Kong should bode well for business sentiment, though global economic uncertainties and trade conflicts may pose some negative impacts. The Government will monitor the situation closely. Further information      The survey gathers views on short-term business performance from the senior management of about 550 prominent establishments in various sectors in Hong Kong with a view to providing a quick reference, with minimum time lag, for predicting the short-term future economic performance of the local economy.      The survey covers 10 major sectors in Hong Kong, namely manufacturing; construction; import/export trade and wholesale; retail; accommodation and food services (mainly covering services rendered by hotels and restaurants); transportation, storage and courier services; information and communications; financing and insurance; real estate; and professional and business services sectors.      Views collected in the survey refer only to those of respondents on their own establishments rather than those on the respective sectors they are engaged in, and are limited to the expected direction of quarter-to-quarter change (e.g. “up”, “same” or “down”) but not the magnitude of change. In collecting views on the quarter-to-quarter changes, if the variable in question is subject to seasonal variations, respondents are asked to provide the expected changes after excluding the normal seasonal variations.      Survey results are generally presented as “net balance”, i.e. the difference between the percentage of respondents choosing “up” and that choosing “down”. The percentage distribution of respondents among various response categories (e.g. “up”, “same” and “down”) reflects how varied their business expectations are. The “net balance”, with its appropriate sign, indicates the direction of expected change in the variable concerned. A positive sign indicates a likely upward trend while a negative sign indicates a likely downward trend. However, the magnitude of the “net balance” reflects only the prevalence of optimism or pessimism, but not the magnitude of expected change, since information relating to such magnitude is not collected in the survey.      Furthermore, owing to sample size constraint, care should be taken in interpreting survey results involving a small percentage (e.g. less than 10%) of respondents in individual sectors.      Chart 1 shows the views on expected changes in business situation for the period Q4 2023 to Q4 2024.      Table 1 shows the net balances of views on expectations in respect of different variables for Q4 2024.      The survey results are published in greater detail in the “Report on Quarterly Business Tendency Survey, Q4 2024”. Users can browse and download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1110008&scode=300).            Users who have enquiries about the survey results may contact the Business Expectation Statistics Section of the C&SD (Tel: 3903 7263; email: business-prospects@censtatd.gov.hk).

     
    Ends/Friday, October 25, 2024Issued at HKT 16:30

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: HKMA designates Primary Liquidity Providers and expands Scheme

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:

         The Hong Kong Monetary Authority (HKMA) announced today (October 25) the designation of eleven banks as Primary Liquidity Providers (PLPs) for offshore renminbi (RMB) market in Hong Kong (i.e. CNH market) for a two-year term, with effect from October 27, 2024 following the expiry of the current term, and the increase in the total amount of RMB liquidity available in the PLP Scheme.
     
    The eleven PLPs are:
    Agricultural Bank of China Limited
    Bank of China (Hong Kong) Limited
    Bank of Communications Co., Ltd.
    BNP Paribas
    China CITIC Bank International Limited
    China Construction Bank (Asia) Corporation Limited
    Citibank, N.A.
    Hang Seng Bank, Limited
    Hongkong and Shanghai Banking Corporation Limited, The
    Industrial and Commercial Bank of China (Asia) Limited
    Standard Chartered Bank (Hong Kong) Limited
     
         The PLPs were selected among the current PLPs and the contributing banks for CNH HIBOR fixing, and are all active participants in the CNH market. The selection was based on a range of criteria, including the institution’s capability in providing CNH funding and making market for CNH instruments, and commitment to using Hong Kong as a global hub for offshore RMB business. As the result of the designations, the total RMB repo facility dedicated to all PLPs will increase from RMB18 billion to RMB20 billion. The expansion of the PLP Scheme will enhance offshore RMB liquidity and is conducive to the continuing development of Hong Kong as the offshore RMB business hub.
          
         The HKMA regularly reviews the operation of the scheme and the performance of PLPs and consider the need for refinements, including the number of PLPs and the size of the repo facility.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: New Hong Kong Dragon shines brightly at OzAsia Festival in Adelaide (with photos)

    Source: Hong Kong Government special administrative region

    New Hong Kong Dragon shines brightly at OzAsia Festival in Adelaide (with photos)
    New Hong Kong Dragon shines brightly at OzAsia Festival in Adelaide (with photos)
    *********************************************************************************

         Illuminated across the River Torrens of Adelaide, Australia, the spectacular 40-metre-long new Hong Kong Dragon Lantern is taking centre stage at the Moon Lantern Trail of the OzAsia Festival from October 24 to 27, showcasing Hong Kong’s vibrant role as an East-meets-West centre for international cultural exchange as well as celebrating the artistic synergy between Hong Kong and Australia.     The Hong Kong Economic and Trade Office, Sydney (Sydney ETO) is again supporting the OzAsia Festival with a view to promoting the unique arts and cultural scene in Hong Kong. This year, in collaboration with the organiser of the Festival, the Adelaide Festival Centre (AFC), Sydney ETO presented the new Hong Kong Dragon Lantern with a concept from a Hong Kong artist to foster arts and cultural exchanges between Hong Kong and Adelaide.     Addressing more than 200 guests at the OzAsia Festival Opening Night, the Director of the Sydney ETO, Mr Ricky Chong, said that 2024 marks the 15th year of partnership between Sydney ETO and the AFC. He is delighted to witness this milestone and celebrate the debut of the new Hong Kong Dragon Lantern.     “Sydney ETO treasures the opportunity for cultural exchanges between Hong Kong and Australia. Over the years, we have supported numerous initiatives to help Hong Kong fulfil its role as an East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan, which includes supporting arts groups and delegations travelling between Hong Kong and Australia to bring our art communities closer together,” Mr Chong said.     He also introduced the key measures announced in “The Chief Executive’s 2024 Policy Address” for bolstering the cultural and creative industries. “The West Kowloon Cultural District (WKCD), one of the largest arts and cultural projects in the world, provides over 20 professional venues capable of hosting a wide range of events. With a view to branding the WKCD as a must-visit landmark for cultural and creative tourism, the Government will roll out more special-experience activities and step up worldwide promotions in collaboration with the Hong Kong Tourism Board to bring in more tourists,” Mr Chong added.     Mr Chong also shared with the participants the latest initiatives in the Policy Address to attract top-notch talent to Hong Kong, including updating the Talent List, expanding the list of universities under the Top Talent Pass Scheme and extending the validity period of the first visa of high-income talent under the scheme to three years.     Held annually over three weeks (October 24 to November 10) in spring in the southern hemisphere, the OzAsia Festival is Australia’s leading contemporary arts festival that engages with Asia. This year’s festival showcases various forms of arts and culture, including theatre, dance, music, visual arts, literature, cuisine and cultural events from across Asia. The vibrant line-up features over 300 artists from Australia and abroad including Hong Kong, with seven world premieres to be staged.

     
    Ends/Friday, October 25, 2024Issued at HKT 16:30

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    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Press release: Australia funds back British economy with major moves to the UK

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    A further billion pounds of investment will be injected into the British economy as the Prime Minister continues his drive to attract foreign business back to the UK.

    A further billion pounds of investment will be injected into the British economy as the Prime Minister continues his drive to attract foreign business back to the UK.

    • Prime Minister Keir Starmer continues drive on growth during historic first visit to the Pacific   
    • This comes as Australian superannuation fund Aware Super forms a strategic partnership with a British property firm to invest up to £1 billion in UK property 
    • Australian boost builds on the major success of International Investment Summit last week, which included a further £2.4 billion of investment from Down Under

    The boost comes as UK firms break into the New Zealand banking sector, growing jobs in the UK, and expanding their global operations.    

    Australia’s biggest pension fund, AustralianSuper is also preparing to bolster its international investment team in London, in a major vote of confidence for the UK as a global asset management centre.

    The Fund expects to manage £250 billion from its London office by 2035, an increase of more than 10 times over the next decade, from its current management of around £15 billion from its UK base.

    The Prime Minister met the CEO of the Australian firm, Paul Schroder, on arrival in Samoa yesterday to discuss the move.   

    Meanwhile, Aware Super, one of Australia’s top performing and largest profit-for-member superannuation funds, has formed a strategic partnership with Delancey Real Estate to invest up to an initial £1 billion in UK property, further bolstering UK – Australia economic ties.

    Its initial focus will be on Central London office sites in prime locations, upgrading and renovating properties to ensure they meet environmental standards and deliver on the partnership’s commitment to reducing carbon emissions in the property market.

    Prime Minister Keir Starmer said:

    These investments are a major vote of confidence in the UK, and in this Government.

    I am determined to ensure that UK is the best place in the world to invest and do business, so we improve the lives of hardworking people.

    By attracting strong, sustained investment, we will also build the expertise we need to drive innovation, stay ahead of the global game, and support economies around the world with British backed projects.

    AustralianSuper chief executive Paul Schroder said:   

    We invest heavily in Australia, but our size requires an increasingly international focus. We are ramping up our investment capabilities in the UK as it is one of the world’s leading gateways to both talent and global markets, which are key for driving future returns for members.

    By 2035 we expect to manage approximately £250 billion of investments from our London hub, which will represent a significant portion of our global portfolio. We have great confidence in the fundamentals of the UK economy and the country’s commitment to global growth.

    This underpins our confidence in the investments we have already made in the UK such as the Canada Water urban regeneration project, London’s King’s Cross Estate, Peel Ports Group and Vantage Data Centers. We also see great potential for new investment opportunities in the energy transition, digital infrastructure, mixed-use estates, transport and logistics.

    Aware Super chief executive Deanne Stewart:

    Aware Super has strong confidence in the UK economy and markets and is pleased to announce a ground-breaking new commercial partnership that will invest up to an initial £1 billion, an exciting milestone that will coincide with the first anniversary of establishing our London Office.

    Meanwhile, UK firms obconnect and Raidiam have been making waves in the New Zealand banking sector, rolling out the British Confirmation of Payee (CoP) system to revolutionise banking in the country, in partnership with the NZ Banking Association.  

    No other companies are currently able to offer the same service, with the partnership combining specialist expertise of the two British companies to serve as a fulcrum for data sharing and facilitating fraud prevention across any territory.   

    The deal has allowed the companies to expand their UK operations to more than 250 people.   

    The win for the British companies come after mobile banking app Revolut broke into the New Zealand market last year. The firm is preparing to expand their operations in the country from 4 FTEs focused on New Zealand investments, to 10 over the next 12 months.   

    The British business wins coincide with the UK securing CPTPP ratification from Australia in the next step towards accession of the trading bloc – the first non-founding country to do so.   

    The boost in Australian investment also comes after a string of Australian announcements as part of the government’s International Investment Summit, which attracted more £63 billion of investment into the UK economy and created 38,000 jobs.   

    They included Australian firms Macquarie supporting investment of £1.3 billion into new green infrastructure and IFM investing more than £1.1 billion through Manchester Airports Group into London Stansted Airport to expand its existing terminal by around a third. The investment will secure new air routes to key business and leisure destinations, boost local supply chains and create 5,000 jobs.   

    The Prime Minister’s visit to Samoa for the Commonwealth Heads of Government Meeting is the first by a sitting Prime Minister to a Pacific Island.  During the summit, the Prime Minister will make the case to build resilient economies across the Commonwealth to unlock growth and investment.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Immigration Services Commissioner reappointed

    Source: United Kingdom – Executive Government & Departments

    John Tuckett, Immigration Services Commissioner, has been reappointed for a second 5 year term.

    The Immigration Services Commissioner, John Tuckett, has been reappointed for a further five years. 

    The Commissioner oversees the immigration advice sector, protecting advice seekers through regulation, enforcement and promoting best practice. John Tuckett, who took up the post on 8 July 2019, will remain in the position until 7 July 2029. 

    Please see here a Home Office announcement on this public appointment.

    Updates to this page

    Published 25 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Days of the Polytechnic Competence Center at KRSU

    Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    From October 14 to 19, representatives of the Polytechnic University Competence Assessment and Development Center visited the Kyrgyz-Russian Slavic University.

    The days of the Polytechnic University Competence Center at KRSU became one of the first major projects in a series of planned events aimed at improving the quality of training of engineering personnel at the Kyrgyz-Russian Slavic University, said Lyudmila Pankova, Vice-Rector for Educational Activities at SPbPU.

    The program of events opened with an information session, at which the ambassadors of the Polytechnic University Competence Center told KRSU students about the opportunities of the Competence Centers project of the presidential platform Russia — the Country of Opportunities for career growth, as well as how the project will help to reveal their potential, and, of course, about the role of ambassadors.

    The Deputy Director General of the ANO “Russia – Country of Opportunities” Dmitry Guzhelya addressed the students with a welcoming speech. He wished the guys not to stop there and to more actively join the projects of the presidential platform.

    Fascinating surveys on supra-professional competencies made the children think about their strengths and opportunities for self-development. A humorous quiz, in which more than 350 people took part, became a bright conclusion to the information session.

    The days of the Polytechnic Competence Center at KRSU became an important stage in the development of the first and so far the only competence center outside the Russian Federation. We see and feel the positive and interested attitude of Russia, whose ambassadors were representatives of Peter the Great St. Petersburg Polytechnic University, — shared the head of the KRSU Competence Center Almaz Asankulov.

    The week in Bishkek was eventful and productive. Both sides organized many joint events to bring together university youth and develop soft skills – from a trip to the snowy mountains of the Ala-Archa National Park to a two-day Soft Skills board game tournament. There, KRSU students analyzed information and learned to make decisions, mastered innovation, emotional intelligence, following rules and focus on results.

    Our team prepared for such an important trip for a long time and carefully. We are very happy that KRSU students responded enthusiastically and actively participated in all the events of our program, the most memorable of which was, perhaps, the final of the Soft Skills tournament. The teams developed and defended very interesting and, at times, incredible ideas for startup projects, – said Elena Zima, Director of the SPbPU Competency Assessment and Development Center.

    The trip gave the ambassadors of the Polytechnic University Competence Center a lot of new and interesting things.

    We have become even more united, have significantly developed stress resistance and planning skills, have broadened our horizons, and have gained new knowledge about the culture and traditions of Kyrgyzstan. Most importantly, we have found new friends in lively and sincere communication, – shared Victoria Anikieva, a student of SPbPU and the head of the community of ambassadors of the Polytechnic University Competence Center.

    During the visit, the partners launched a professional development program called “Modern Approaches to Managing the Educational Process.” Elena Zima gave two lectures to KRSU teachers on the specifics of Russian Federation legislation in the field of higher education.

    On behalf of the KRSU management, I would like to express my sincere gratitude to the Polytechnic staff for fruitful cooperation and support in the development of our university as one of the best universities in Kyrgyzstan, said Elena Devyatova, Vice-Rector for Educational Activities at KRSU.

    A return visit of the KRSU Competence Center ambassadors to the Polytechnic University is ahead.

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

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Import of poultry meat and products from Ostrów Wielkopolski District of Wielkopolskie Region in Poland suspended

    Source: Hong Kong Government special administrative region

         The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 25) that in view of a notification from the World Organisation for Animal Health (WOAH) about an outbreak of highly pathogenic H5N1 avian influenza in the Ostrów Wielkopolski District of the Wielkopolskie Region in Poland, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the area with immediate effect to protect public health in Hong Kong.

         A CFS spokesman said that according to the Census and Statistics Department, Hong Kong imported about 1 620 tonnes of frozen poultry meat from Poland in the first six months of this year.

         “The CFS has contacted the Polish authority over the issue and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreak. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Task Force on Promoting the Development of Asset and Wealth Management holds first meeting (with photo)

    Source: Hong Kong Government special administrative region

         The Task Force on Promoting the Development of Asset and Wealth Management, chaired by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, was established and convened its first meeting today (October 25).
     
         Hong Kong is an international asset and wealth management (WAM) centre. To drive market development, the Financial Secretary has announced in the 2024-25 Budget the establishment of the Task Force to discuss with the industry measures for further developing the WAM industry. The Task Force comprises nine non-official members from the WAM industry, government officials, and representatives of financial regulators and relevant bodies.
     
         The Chief Executive’s 2024 Policy Address has set out the need to further enhance Hong Kong’s status as an international WAM centre. In this respect, the Government will consult the industry on the proposal to add qualifying transactions eligible for tax concessions for funds, single-family offices, etc. At its first meeting, the Task Force had a focused discussion on the proposed enhancements.
     
         Mr Hui said, “As an international WAM centre, Hong Kong has long been a hub for global capital and family offices. As of end-2023, assets under management in Hong Kong reached over HK$31 trillion, and net fund inflows of close to HK$390 billion were registered, representing a year-on-year increase of over 3.4 times. Funding sourced from non-Hong Kong investors has consistently accounted for a high percentage, reflecting the confidence of international investors in Hong Kong’s WAM industry. Also, market research estimates that Hong Kong is home to about 2 700 single-family offices, with over half of them set up by ultra-high-net-worth-individuals with a wealth of US$50 million or above.
     
         “In view of the development trends in global finance, Hong Kong will continue to consolidate and enhance its competitive advantages and pursue continuous reforms. The Task Force brings together industry leaders and professionals, and I believe their valuable advice will help propel the long-term development of the WAM industry.”
     
         The membership of the Task Force is as follows, with the term of non-official members taking effect from October 25, 2024, for two years:
     
    Chairman
    ———–
    Secretary for Financial Services and the Treasury
     
    Non-official members
    ————————
    Mr Kent Chen
    Mr Jiang Jingjing
    Ms Lian Shaodong
    Ms Luanne Lim
    Ms Amy Lo
    Ms Elisa Ng
    Mr Murray Steel
    Mr Peter Stein
    Mr Sun Yu
     
    Official members
    ——————-
    Permanent Secretary for Financial Services and the Treasury (Financial Services)
    Commissioner of Inland Revenue
    Deputy Chief Executive, Hong Kong Monetary Authority
    Executive Director (Investment Products), Securities and Futures Commission
    Executive Director (Policy), Mandatory Provident Fund Schemes Authority
    Head of Equities Product Development, Hong Kong Exchanges and Clearing Limited
    Executive Director, Financial Services Development Council   

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Back on Earth: NASA’s SpaceX Crew-8 Mission Splashes Down Off Florida

    Source: NASA

    NASA’s SpaceX Crew-8 mission successfully splashed down at 3:29 a.m. EDT Friday, off Pensacola, Florida, concluding a nearly eight-month science mission and the agency’s eighth commercial crew rotation mission to the International Space Station.  
    After launching March 3 on a SpaceX Falcon 9 rocket from NASA’s Kennedy Space Center in Florida, NASA astronauts Matthew Dominick, Michael Barratt, and Jeanette Epps, as well as Roscosmos cosmonaut Alexander Grebenkin, spent 232 days aboard the space station.
    Recovery teams from NASA and SpaceX quickly secured the spacecraft and assisted the astronauts during exit. The crew now will head to NASA’s Johnson Space Center in Houston, while the Dragon spacecraft will return to SpaceX facilities at Cape Canaveral Space Force Station in Florida for inspection and refurbishment for future missions.
    During their mission, crew members traveled nearly 100 million miles and completed 3,760 orbits around Earth. They conducted new scientific research to advance human exploration beyond low Earth orbit and benefit human life on Earth. Research and technology demonstrations included conducting stem cell research to develop organoid models for studying degenerative diseases, exploring how fuel temperature affects material flammability, and studying how spaceflight affects immune function in astronauts. Their work aims to improve astronaut health during long-duration spaceflights, contributing to critical advancements in space medicine and benefitting humanity.
    Crew-8’s return follows the arrival of NASA’s SpaceX Crew-9 to the orbiting laboratory Sept. 29. These missions are part of NASA’s Commercial Crew Program, which provides reliable access to space, maximizing the use of the station for research and development and supporting future missions beyond low Earth orbit by partnering with private companies to transport astronauts to and from the space station. 
    Learn more about NASA’s Commercial Crew program at:
    https://www.nasa.gov/commercialcrew
    -end-
    Josh Finch / Jimi RussellHeadquarters, Washington202-358-1100joshua.a.finch@nasa.gov / james.j.russell@nasa.gov
    Leah Cheshier / Sandra JonesJohnson Space Center, Houston281-483-5111 leah.d.cheshier@nasa.gov / sandra.p.jones@nasa.gov  
    Steve Siceloff / Stephanie PlucinskyKennedy Space Center, Florida321-867-2468steven.p.siceloff@nasa.gov / stephanie.n.plucinsky@nasa.gov

    MIL OSI USA News –

  • MIL-OSI Economics: Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Karmala Urban Co-operative Bank Ltd., Solapur, Maharashtra – Extension of Period

    Source: Reserve Bank of India

    The Reserve Bank of India had issued Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No. CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022 for a period of six months up to the close of business on January 29, 2023, which were last extended up to the close of business on October 29, 2024 vide Directive DOR.MON.D-38/12.22.130/2024-25 dated July 23, 2024.

    2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond the close of business on October 29, 2024.

    3. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from the close of business on October 29, 2024 to the close of business on January 29, 2025, subject to review.

    4. All other terms and conditions of the Directive under reference shall remain unchanged.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1373

    MIL OSI Economics –

  • MIL-OSI Video: UK Watch live: Lords debates the situation in Ukraine

    Source: United Kingdom UK House of Lords (video statements)

    Ukraine is at the heart of this Lords debate on Friday 25 October. Lord Coaker, Minister of State at the Ministry of Defence, will put forward the debate.

    Find out more and see the full list of members speaking https://www.parliament.uk/business/news/2024/october/ukraine-at-the-heart-of-lords-debate/

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

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  • MIL-OSI China: China adds over 10M new urban jobs in Jan-Sept

    Source: China State Council Information Office 2

    China will further improve its employment-first policy and help key population groups secure jobs in a quest to meet its annual job creation target, the Ministry of Human Resources and Social Security said on Friday.
    The country created a total of 10.49 million new urban jobs during the first nine months of 2024, said ministry official Chen Yongjia at a press conference. China set itself a target of generating over 12 million urban jobs in 2024.
    To achieve this target, the ministry will launch job creation campaigns in key sectors such as advanced manufacturing and the silver economy, while maximizing the use of tax and fee cuts, subsidies and refunds to help businesses maintain stable employment, Chen said.
    In the first nine months, the Chinese government provided more than 150 billion yuan (about 21.1 billion U.S. dollars) in employment support for businesses and employees, data from the ministry showed.
    This support included reduced premium rates for unemployment insurance, insurance refunds and subsidies for vocational skills training, according to the ministry.
    The ministry will continue to offer skills training subsidies targeting the digital and green sectors, and assist businesses in better aligning skills training with market demand. It will improve measures to boost incomes for skilled professionals, Chen said.
    The ministry will provide special assistance for unemployed graduates, and encourage employers to offer them internship opportunities to ensure overall employment stability among the youth, the official added.
    Chen also underscored the importance of improving services for job seekers, calling for efforts to organize job fairs, better match supply with demand, and create a supportive environment for entrepreneurship.

    MIL OSI China News –

  • MIL-OSI China: China’s passenger jet C919 makes outstanding achievements during new stage of operation

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

    China’s passenger jet C919 makes outstanding achievements during new stage of operation

    China’s first domestically developed single-aisle passenger jet C919 has entered a new stage of multi-carrier operation. So far, 11 aircraft have been delivered, transporting more than 700,000 passenger trips, said its manufacturer on Friday.

    The commercial operation of the C919 planes has topped 13,000 flying hours, said He Dongfeng, chairman of Commercial Aircraft Corp of China, the manufacturer, during a speech at the opening ceremony of the second CATA Aviation Conference, organized by the China Air Transport Association, in Beijing.

    Meanwhile, China’s first home-developed regional passenger jet, the ARJ21, has seen its commercial operation exceed 500,000 flying hours.

    “This is an important milestone that marks further validation of the safety and reliability of the ARJ21 aircraft,” He said.

    The ARJ21 aircraft has been operating in domestic regions such as Xinjiang Uygur autonomous region, Inner Mongolia autonomous region and Heilongjiang province, in addition to overseas markets such as Indonesia. A total of 148 aircraft have been delivered, serving 156 cities and carrying 17 million passenger trips.

    In another development, CR929, a long-haul wide-body aircraft that is under research and development by China and Russia, is in the process of preliminary design and selection of suppliers, COMAC said.

    MIL OSI China News –

  • MIL-OSI China: National health body to hold price negotiations with drugmakers

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

    The National Healthcare Security Administration said on Thursday that it will soon launch a new round of price negotiations with drugmakers bidding to be included into China’s national reimbursement drug list.

    On-site price negotiations will take place from Sunday to Wednesday and a total of 162 types of medications will be involved.

    Results will be released next month, and the corresponding, updated version of the reimbursement list will take effect on Jan 1, 2025.

    The administration, inaugurated in 2018, has implemented seven adjustments of the national drug reimbursement catalog, including the upcoming one.

    The past six rounds of price talks have added 446 medications into the reimbursement list, benefiting 800 million people and driving drug sales totaling nearly 500 billion yuan ($70.2 billion).

    Data shows that more than 90 percent of medications procured by public hospitals across the nation are those on the list.

    The administration added that special attention has also been paid to include innovative medications.

    MIL OSI China News –