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  • MIL-OSI United Kingdom: Garry Taylor appointed as Director of City Development

    Source: City of York

    City of York Council is delighted to announce the appointment of Garry Taylor as the new Director of City Development.

    Garry, who brings over 25 years of extensive experience in local government, urban regeneration, and place-making, will take up the position on Monday 27 January.

    Garry joins the Council following his role as Assistant Director for Major Projects, Culture & Place at Hull City Council. There, he oversaw a £400 million public-private capital investment programme, including highways, cultural venues, retail and leisure developments, and public spaces. His leadership was instrumental in Hull’s transformation during and after its tenure as UK City of Culture 2017, delivering economic growth, cultural renewal, and significant investment to the region.

    In his new role, Garry will lead York’s City Development directorate, driving forward strategic regeneration initiatives, inward investment, and sustainable growth to ensure York remains a thriving and inclusive city. A passionate advocate for place-making, Garry is committed to enhancing both the physical environment and the quality of life for all residents and visitors.

    “I am truly excited to be joining City of York Council at such a pivotal time,” he said.

    “York is a city with a rich heritage and dynamic community, and I look forward to working closely with colleagues, partners, and residents to build on its unique character while addressing key challenges and opportunities for sustainable and inclusive development.”

    Ian Floyd, Chief Operating Officer at City of York Council, said:

    “We are thrilled to welcome Garry to the team.

    “His wealth of experience in urban regeneration and his proven track record of delivering transformative projects make him the ideal choice to lead our city development initiatives. We look forward to working with him to ensure York continues to flourish.”

    Garry’s appointment aligns with the Council’s commitment to delivering ambitious plans for York’s future, including strengthening the city’s economy, improving infrastructure, and addressing climate and sustainability goals.

    With a background in planning and regeneration and professional accreditation as a Chartered Member of the Royal Town Planning Institute (MRTPI), Garry has also been recognised for his innovative and collaborative approach to fostering partnerships, securing funding, and delivering award-winning projects.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Media Alert – temporary city centre road closure planned

    Source: City of Manchester

    A temporary closure of a small section of the Bridgewater Viaduct (A56) is scheduled for Monday, January 27th.

    A temporary lane closure of Bridgewater Viaduct (A56) between Whitworth Street West and Old Deansgate*/Owen Street is due to come into effect from Monday 27 January. 

    The closure of the southbound carriageway – travelling out of Manchester – is planned to provide work crews a safe environment to carry out the widening of the pavement around the viaduct. A diversion will be in place for those leaving the city centre, going along Whitworth Street West/Albion Street/Medlock Street. 

    The northbound carriageway – travelling into the city centre – will remain in use for motorists and cyclists.

    This closure is planned to be in place for two weeks, extendable up to four weeks dependent on weather or if other unavoidable issues arise. 

    The Council will endeavour to minimise disruption during this period, but motorists are advised to avoid this stretch of road where possible during the course of works. Steps will be put in place to manage traffic around busy periods to keep delays to a minimum. 

    Updates can also be found via the Council’s social media channels. 

    Councillor Tracey Rawlins, Executive Member for Clean Air, Environment and Transport, said: “This necessary closure will be put in place to ensure that workers in the road are able to carry out their jobs safely, and I would like to thank people in advance for their patience.” 

    For more information about this scheme please follow this link https://www.manchester.gov.uk/deansgate-what-is-happening 

    *Old Deansgate is a colloquial name, used to differentiate between the sections of the road called Deansgate, which is separated by Whitworth Street West. 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: BLOG: A new plan for urban mobility will benefit us all

    Source: City of Liverpool

    Liverpool City Council is set to green light a new strategy to transform how people move around Liverpool city centre over the next 20 years. Cllr Dan Barrington discusses how the plan will increase safety, well-being and quality of life for everyone.

    Liverpool City Council’s Cabinet this week approved a vitally important plan that will help improve the lives of our residents, commuters and visitors.

    Our 20-year Urban Mobility and Public Spaces Plan aims to increase the use of public transport, walking, and cycling while reducing reliance on private vehicles.

    This ambitious plan, part of the Council’s commitment to achieving net-zero status, will guide multi-million-pound enhancements to transport infrastructure and vibrant public spaces.

    What does that mean for our city and residents?

    Firstly, it means improving bus routes and connectivity between major transport hubs. Whether it’s commuters travelling to work or people out enjoying the vibrant social scene in Liverpool, everyone needs to have a fully integrated public transport system. Without it we simply will not be able to reduce car usage on our roads.

    At the same time, we will be prioritizing safe and accessible cycling and walking routes throughout the city centre. Castle Street and London Road will be revitalized to create more pedestrian-friendly environments.

    Obviously, we have seen work completed towards these objectives in the last few years, such as the Liverpool City Centre connectivity program, which saw significant investments in upgrading key routes.

    A Focus on People and Place

    The plan emphasizes a “people-first” approach, prioritizing the needs of commuters, residents, businesses, and visitors. It will also focus on environmental sustainability, reducing carbon emissions, and improving air quality.

    Immediate Actions and Long-Term Vision

    The plan outlines a phased approach, with immediate “quick win” projects followed by more ambitious long-term initiatives. These include:

    • Improving pedestrian and public transport links at key locations.
    • Developing a city-wide parking strategy to address issues like pavement parking.
    • Exploring innovative solutions like bus franchising to improve public transport efficiency.
    • A more sustainable future for Liverpool

    One of the actions we will be looking at taking is the introduction of 20mph zones within Liverpool city centre.

    This has proved successful in other parts of the UK, such as Wales where road traffic collisions, injuries and deaths have all been reduced without a significant increase in car journey times. These types of policies may attract some initial negative responses. But once residents, businesses and commuters experience the benefits that can be realised they are won over to a new way of doing things.

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Interdepartmental working group on festival arrangements releases latest information on cross-boundary passenger traffic estimation and arrangements for Chinese New Year festive period

    Source: Hong Kong Government special administrative region

    Interdepartmental working group on festival arrangements releases latest information on cross-boundary passenger traffic estimation and arrangements for Chinese New Year festive period
    Interdepartmental working group on festival arrangements releases latest information on cross-boundary passenger traffic estimation and arrangements for Chinese New Year festive period
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         The interdepartmental working group on festival arrangements, led by the Chief Secretary for Administration, released the following information today (January 24) on the estimated visitor flow and arrangements for the upcoming Chinese New Year festive period.           During the upcoming Chinese New Year festive period (from January 28 to February 4), the Immigration Department (ImmD), in consultation with the Shenzhen General Station of Exit and Entry Frontier Inspection and other Mainland authorities, estimates that around 7.34 million passengers (including Hong Kong residents and visitors) will pass through land boundary control points. The ImmD estimates that the passenger traffic at the Lo Wu Control Point, the Lok Ma Chau Spur Line Control Point and the Hong Kong-Zhuhai-Macao Bridge Control Point will be heavy, with a daily average forecast of about 205 000, 190 000 and 146 000 passengers respectively.           To cope with the anticipated heavy traffic during the festive period, the ImmD has minimised leave for frontline officers for flexible deployment, and operation of extra clearance counters and kiosks. Additional security guards will also be deployed to provide crowd management support.           Furthermore, the ImmD, the Hong Kong Police Force, the Customs and Excise Department and the MTR Corporation Limited will set up a joint command centre at the Lo Wu Control Point to make necessary arrangements. The ImmD will also establish close communication with Mainland authorities, including the Shenzhen General Station of Exit and Entry Frontier Inspection. To ensure a smooth passenger traffic flow, passenger conditions will be closely monitored and appropriate traffic diversion plans will be adopted when necessary.           To avoid congestion and a longer than usual waiting time for immigration clearance, the ImmD advises all land boundary passengers to plan in advance, avoid making their journeys during busy periods and keep track of radio and TV broadcasts on traffic conditions at various control points. The busy times at boundary control points are available on the website of the ImmD at http://www.immd.gov.hk. Furthermore, passengers may also check the estimated waiting times at each land boundary control point at any time or place via the Immigration Mobile Application (ImmD Mobile App). They can then plan their trips effectively and save time queuing at control points. The ImmD Mobile App can be downloaded free of charge from the Apple App Store (supports iOS version 12.0 or above), Google Play (supports Android version 8.0 or above), Huawei AppGallery (supports Android version 8.0 or above) and the APK file available on the ImmD website. Passengers can download the ImmD Mobile App by scanning the QR code (see Annex) or via the ImmD website, http://www.immd.gov.hk. In addition, information on public transport services to and from various control points is available on the Transport Department website at http://www.td.gov.hk.           For travellers making journeys to the Mainland, the ImmD reminds them to carry their proof of identity and valid travel documents for crossing the boundary. Hong Kong residents should also check the validity of their Home Visit Permits. Non-permanent residents must carry their valid smart identity card as well as their Document of Identity for Visa Purposes or valid travel document.           Holders of the acknowledgement receipt issued due to reported loss or replacement of their Hong Kong identity cards, or children under 11 years old who hold Hong Kong identity cards, should carry a valid travel document or Re-entry Permit.           About 700 e-Channels have been installed at various control points. The Contactless e-Channel service is available at all control points now. All eligible Hong Kong residents, after enrolment, can generate an encrypted QR code through the Contactless e-Channel mobile application to enter the e-Channel, and then verify their identity with the facial verification technology for automated immigration clearance.           In addition, all control points have introduced self-service departures for visitors to Hong Kong (Smart Departure) which provides greater travel convenience for visitors. The service employs facial recognition technology for identity verification, which allows eligible visitors holding electronic travel documents to perform self-service departure clearance through Smart Departure e-Channels without prior enrolment.           Hong Kong residents who require assistance while travelling outside Hong Kong may call the 24-hour hotline of the Assistance to Hong Kong Residents Unit of the ImmD at (852) 1868, call the 1868 hotline using network data or use the 1868 Chatbot via the ImmD Mobile App, send a message to 1868 WhatsApp assistance hotline or 1868 WeChat assistance hotline or submit the Online Assistance Request Form,           The interdepartmental working group on festival arrangements is tasked with holistically co-ordinating and steering the preparatory work of various government departments for welcoming visitors to Hong Kong during the Chinese New Year holidays, as well as strengthening information dissemination to enable the public and visitors to plan their itineraries according to the latest situation.

     
    Ends/Friday, January 24, 2025Issued at HKT 20:18

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hong Kong Customs detects case involving possession of suspected “space oil drug” by passenger (with photo)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs detects case involving possession of suspected “space oil drug” by passenger (with photo)
    Hong Kong Customs detects case involving possession of suspected “space oil drug” by passenger (with photo)
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         Hong Kong Customs yesterday (January 23) detected a case involving possession of suspected etomidate (the main ingredient of “space oil drug”), a kind of Part 1 poison under the Pharmacy and Poisons Regulations, by an incoming passenger at the Lok Ma Chau Control Point. A total of ten suspected “space oil drug” capsules were seized.     A local 19-year-old male passenger arrived in Hong Kong via the Lok Ma Chau Control Point yesterday. During customs clearance, ten suspected “space oil drug” capsules were found in his jacket pocket. He was subsequently arrested.     The arrested man has been put on bail pending further investigation.     Under the Pharmacy and Poisons Ordinance, any person who possesses any poison included in Part 1 of the Poisons List other than in accordance with provisions commits an offence. The maximum penalty upon conviction is a fine of $100,000 and imprisonment for two years.     Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour report hotline 182 8080 or its dedicated crime reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

     
    Ends/Friday, January 24, 2025Issued at HKT 20:18

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    MIL OSI Asia Pacific News –

  • MIL-OSI: AGF Investments Announces January 2025 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) —

    AGF Investments Inc. (AGF Investments) today announced the January 2025 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on January 31, 2025 will receive cash distributions payable on February 6, 2025.

    Details regarding the final “per unit” distribution amounts are as follows:

    ETF Ticker Exchange  Cash Distribution Per Unit ($)
    AGF Enhanced U.S. Equity Income Fund* AENU Cboe Canada Inc.  $0.139916
    AGF Total Return Bond Fund* ATRB Cboe Canada Inc.  $0.131000
    AGF Systematic Global Infrastructure ETF QIF Cboe Canada Inc.  $0.141593


    *AGF Enhanced U.S. Equity Income Fund and AGF Total Return Bond Fund are mutual funds with an ETF series option.

    Further information about the AGF ETFs can be found at AGF.com.

    This information is not intended to provide legal, accounting, tax, investment, financial, or other advice, and should not be relied upon for providing such advice. Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    AGF ETFs are ETFs offered by AGF Investments Inc. ETFs are listed and traded on organized Canadian exchanges and may only be bought and sold through licensed dealers.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $53 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    About AGF Investments

    AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.

    AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm and/or product is registered or authorized to provide such services.

    AGF Investments Inc. is a wholly-owned subsidiary of AGF Management Limited and conducts the management and advisory of mutual funds in Canada.

    Media Contact

    Amanda Marchment
    Director, Corporate Communications
    416-865-4160
    amanda.marchment@agf.com  

    The MIL Network –

  • MIL-OSI: Purpose Investments Announces Expansion of Its Yield Shares Suite with the Filling of the Preliminary Prospectus for 8 New ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments”) is pleased to announce that it has filed and received a preliminary prospectus with the Canadian securities regulators for the proposed launch of eight new yield-focused single-stock ETFs, expanding its acclaimed Yield Shares suite. These ETFs are designed to provide investors with monthly income while maintaining exposure to leading global companies.

    The new Yield Shares ETFs include:

    Yield Shares ETF Ticker Underlying Company
    Costco (COST) Yield Shares Purpose ETF YCOS Costco
    Palantir (PLTR) Yield Shares Purpose ETF YPLT Palantir
    UnitedHealth (UNH) Yield Shares Purpose ETF YUNH UnitedHealth Group
    JPMorgan (JPM) Yield Shares Purpose ETF YJPM JPMorgan
    Coinbase (COIN) Yield Shares Purpose ETF YCON Coinbase
    Netflix (NFLX) Yield Shares Purpose ETF YNET Netflix
    Broadcom (AVGO) Yield Shares Purpose ETF YAVG Broadcom
    Tech Innovators Yield Shares Purpose ETF YMAG Broadcom, Amazon, Tesla, Microsoft, Meta, Alphabet, Apple, and Nvidia

    “Since launching in 2022, Purpose Yield Shares has become a leading choice for investors seeking monthly income while maintaining growth exposure to the world’s top companies. In response to strong client demand, we are excited to expand our lineup to include high-growth technology and innovation leaders while also diversifying into market pioneers within the consumer staples, financial, and healthcare sectors. These new ETFs enhance the breadth of the Yield Shares suite, offering investors a wider range of opportunities to generate monthly income from industry giants while participating in their long-term growth,” said Yuan Gao, Vice President of Product. “The Yield Shares lineup remains dedicated to providing investors with access to high-quality companies with strong fundamentals and long-term growth potential. These new ETFs enable investors to continue benefiting from exposure to market leaders driving innovation and economic progress while earning monthly income. Whether in technology, consumer staples, financial services, or healthcare, our Yield Shares suite delivers a compelling mix of income and capital appreciation potential, allowing investors to share in the success of industry leaders.”

    Each ETF seeks to provide shareholders with (i) long-term capital appreciation through purchasing and holding common stock of the underlying companies, including by using leverage through cash borrowing to purchase common stock of the underlying companies and (ii) distributions by writing covered call options and/or cash covered put options on a portion of the fund’s portfolio.

    The Tech Innovators Yield Shares Purpose ETF (Ticker: YMAG) intends to provide investors with exposure to a basket of leading global technology and innovation-driven companies while generating income by writing covered call options and/or cash-covered put options on a portion of the portfolio.

    YMAG provides investors with a one-ticket solution to gain exposure to the Nasdaq trillion-dollar market cap club while generating monthly income. Known as “BATMMAAN,” this select group of industry leaders—Broadcom, Amazon, Tesla, Microsoft, Meta, Alphabet, Apple, and Nvidia—is driving technological innovation across artificial intelligence, cloud computing, digital services, and next-generation infrastructure, positioning themselves as key players in the future of technology and economic growth.

    Building on the success of the Yield Shares lineup, these new ETFs will aim to offer investors monthly cash distributions alongside exposure to the long-term growth potential of industry-leading companies.

    About Purpose Investments Inc.
    Purpose Investments is an asset management company with more than $23 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

    For further information, please contact:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    A preliminary long-form prospectus relating to the ETFs (the “Preliminary Prospectus”) has been filed with the Canadian securities commissions or similar authorities. You cannot buy securities of the ETFs until the relevant securities commissions or similar authorities issue receipts for the final prospectus of the ETFs. Important information about the ETFs is contained in the Preliminary Prospectus. Copies of the Preliminary Prospectus may be obtained from Purpose, or at http://www.purposeinvest.com.

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Fund distribution levels and frequencies are not guaranteed and may vary at the manager’s sole discretion.

    The MIL Network –

  • MIL-OSI: Abaxx Announces Closing of Final Tranche of C$2,756,000 Private Placement

    Source: GlobeNewswire (MIL-OSI)

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

    TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce it has today closed its final tranche (the “Final Tranche”) of a non-brokered private placement financing (the “Financing”). The Final Tranche consisted of the issuance of 50,000 common shares (the “Shares”) of the Company at a price of C$13.00 per Share for aggregate gross proceeds of C$650,000. The Financing, which consisted of the Final Tranche and a tranche which closed on November 22, 2024, consisted of the issuance of 212,000 Shares at a price of C$13.00 per Share for aggregate gross proceeds of C$2,756,000.

    The proceeds of the Financing are expected to be used for general corporate and working capital requirements, including to fund ongoing operations and/or working capital and minimum regulatory requirements for Abaxx Exchange and Abaxx Clearing. No finder’s fees or commissions were paid in connection with the Final Tranche.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities issuable under the Financing have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold to or for the account or benefit of persons in the “United States” or “U.S. persons” (as such terms are defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Abaxx Technologies
    Abaxx is building Smarter Markets — markets empowered by better financial technology and market infrastructure to address our biggest challenges, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is a majority-owner of Abaxx Exchange and Abaxx Clearing, subsidiaries recognized by the Monetary Authority of Singapore as “recognized market operator” and “approved clearinghouse”, respectively.

    Abaxx Exchange and Abaxx Clearing are a Singapore-based commodity futures exchange and clearinghouse, introducing centrally cleared, physically deliverable commodities futures and derivatives to provide better price discovery and risk management tools for the commodities critical to our transition to a lower-carbon economy.

    For more information please visit abaxx.tech, abaxx.exchange and smartermarkets.media.

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 647 490 1590
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx’s future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “seeking”, “should”, “intend”, “predict”, “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “continue”, “plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information.

    Forward-looking information related to Abaxx in this press release includes but is not limited to, Abaxx’s objectives, goals or future plans and intended use of proceeds from the Financing. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third-party risk; clearinghouse risk, malicious actor risks, third-party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors, the risk factors in the Company’s most recent management’s discussion and analysis and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. CBOE Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI NGOs: Cameroon: In Campo, local residents express their annoyance with Camvert

    Source: Greenpeace Statement –

    Yaounde: 21rd January 2025 – The population of Campo in the south region of  Cameroon have taken to the streets to express their dissatisfaction with the companies CAMVERT, SOPHONY and BOISCAM. Following the demonstrations at the weekend, one local resident was arrested and subsequently released, while others were arrested, questioned and given a statement of facts. The communities are demanding, among other things, that Camvert revise the specifications and that the logging companies (SOPHONY and BOISCAM), which own the logging sales in FMU 0925, pay royalties.

    His Majesty, Abel Mvondo, chief of the village of Ndoumessamebenga, in the Campo district, said: ‘Enough is enough, we have been patient enough and so far nothing has changed. In December, we sent a petition to the Divisional Officer, but nothing has been done. It’s time for us to make ourselves heard and demand that all these companies respect our rights. We’re not going to let Camvert continue to sacrifice our forests and exploit our lands’.  

    For three years now, the communities have been calling for a participatory review of the specifications with Camvert, a request that has so far gone unheeded. Likewise, the company continues to violate the law and the rights of these communities by failing to pay land royalties. Article 17 of Decree no. 76-166 of 27 April 1976 setting out the terms and conditions for the management of the National Estate stipulates that ‘revenue from the allocation of plots of land in the National Estate, either as a concession or a lease, shall be distributed as follows: 40% to the State, 40% to the Commune where the land is located, and 20% to the village community concerned for a project of interest’.

    Stella Tchoukep, Forest Campaigner at Greenpeace Africa, said: ‘A framework for dialogue is needed so that the various stakeholders have a safe and structured space to discuss and find solutions to their differences. However, this framework for dialogue can only be effective if the resolutions adopted are implemented. So far, Camvert has failed to honour its commitments and has violated the law in force in Cameroon, all of which has fuelled the anger of local residents and the indignation of environmental organisations’. 

    Camvert SA, which has been based in Campo in the South of Cameroon  region since 2019, obtained a provisional concession of more than 40,000 hectares in March 2022, under unclear circumstances. A project that has contributed significantly to the violation of the rights of local and indigenous communities whose survival depends essentially on the forest.  It is also a weapon of massive destruction of the biodiversity to which Cameroon is committed. In recent years, local people have also had to contend with incursions by roaming animals, a direct consequence of the destruction of their natural habitat.Read the latest Greenpeace report on Camvert here

    Media contact:

    Pressdesk Africa, [email protected]

    MIL OSI NGO –

  • MIL-OSI Video: UK Harold Macmillan, Earl of Stockton, speaks in first televised Lords debate

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

    The first televised debate on 23 January 1985, forty years ago this week, saw members press government on the economy.

    Former Prime Minister Harold Macmillan, then Earl of Stockton, spoke without notes for 20 minutes aged 90 as ‘a very new boy in your Lordships’ House’. Lord Stockton was said by commentators to have ‘stolen the show.’

    See other speeches and find out more about the first televised proceedings from the Lords: https://www.parliament.uk/business/news/2025/january/40-years-of-broadcasting-from-the-house-of-lords/

    https://www.youtube.com/watch?v=nVwK4Slf9SQ

    MIL OSI Video –

  • MIL-OSI Europe: AFRICA/GABON – The intention to establish a Catholic University in Gabon confirmed

    Source: Agenzia Fides – MIL OSI

    Libreville (Agenzia Fides) – “The Holy See is interested in offering young Gabonese people an educational alternative for professional and university studies,” said Msgr. Javier Herrera Corona, Apostolic Nuncio in the Republic of Congo and Gabon, confirming the project to build a Catholic university in Gabon.The debate on the creation of this academic institution has been going on for months. In April 2024, the project was analyzed in meetings between the Minister of Higher Education, Hervé Ndoume Essigone, and the Spanish ambassador to Gabon, Ramón Molina. The proposal was reaffirmed in a recent meeting between the Apostolic Nuncio and the President of the Transition, Brice Oligui Nguema, who has expressed his support for moving forward with the initiative.The new Catholic university is part of the Gabonese authorities’ objective of strengthening the national education system, in line with strategic projects such as the creation of a digital and industrial “technopolis” in Libreville. This initiative is part of the “Digital Gabon” strategy, launched in November 2024, which seeks to promote digital transformation as a driver of development, creating a favorable environment for it. The region already has precedents of similar institutions, such as the Catholic University of Central Africa (Université Catholique d’Afrique Centrale, UCAC) in Yaoundé (Cameroon), created in 1989 through an agreement between the Holy See and the Cameroonian government.UCAC has extended its presence to other countries in the region, such as the Republic of Congo and Chad. Likewise, in the Democratic Republic of Congo there is the Université Catholique du Congo (UCC), founded in 1987. (L.M.) (Agenzia Fides, 24/1/2025)
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  • MIL-OSI Europe: AMERICA/VENEZUELA – People in Barquisimeto do not lose hope: the poor help the poor

    Source: Agenzia Fides – MIL OSI

    Friday, 24 January 2025

    Barquisimeto (Agenzia Fides) – After the elections held in July last year (see Fides, 30/7/2024), there is an impression that an air of sadness, frustration and disappointment is hanging over Venezuela. Father Miguel Angel Bombin, during a visit to the country, reports the difficulties faced by the political problems facing the Venezuelan population.”In Barquisimeto, where the Don Orione Work carries out most of its work in the country, the mood is not the best, even if the environment is calm and there are no particular tensions,” reports the missionary. “Most people feel that their voice has been taken away from them, that their will has not been respected,” notes Father Bombin, who is the head of the Vice-Province of “Nuestra Señora del Pilar” of the Don Orione Work, which includes Spain and Venezuela.”The only hope is that something will change. Many are thinking of leaving the country again, we now have 8 million Venezuelans who have emigrated, and there is a fear that the exodus will start again, especially among the young people who have stayed here until now because they were hoping for something different.””This difficult situation,” he continues, “also affects the work of the Don Orione Foundation in the country. At the moment we have a day center for the disabled in Barquisimeto, and the parish, which carries out many activities, including a project with Caritas on nutrition and food. In the seminary we have two aspirants and three young people in training. We are also present in Caraballeda, where we have a preschool with 100 children up to 6 years old, and where we have been building a new parish for five years, even if the work is progressing very slowly. Unfortunately, it is not easy, we live day by day and are always struggling with resources. Since 2012 we have lost all financial support from the government and we continue to use the provincial funds and some outside help, but economically the situation is serious. We can no longer accommodate so many guests in the day center because it is difficult to find doctors or to guarantee them a decent salary. However, we are not discouraged and we see that Providence is manifested above all in the many people who come here as volunteers.””Despite the difficulties, we continue,” concludes Father Bombin, “and the Congregation continues to look forward, following that Hope that is the central theme of the 2025 Jubilee. Seeing how many people living with their difficulties are volunteering in psychiatric centers, in prisons or even in garbage dumps where so many people have to live is a sign that in these difficult situations the best in people comes out. They are poor people who help other poor people, creating closeness and solidarity. This is the hope that we want to live in this Holy Year.”Following the charism of their Founder, the spirit of charity that animates the Congregation of the Little Work of Divine Providence is not limited to a single human need but reaches orphans, women and men in difficulty, elderly and disabled people, young people in search of a better future, poor and exploited populations, and every human suffering. (AP) (Agenzia Fides, 24/1/2025)
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  • MIL-OSI Europe: AFRICA/DR CONGO – Escalation of violence in North Kivu: M23 rebels advance towards Goma

    Source: Agenzia Fides – MIL OSI

    Kinshasa (Agenzia Fides) – The North Kivu region, in the east of the Democratic Republic of Congo (DRC), is facing a serious escalation of violence, with intense fighting between the Congolese armed forces (FARDC) and the M23 rebels, who are supported by Rwandan soldiers. For their part, government troops are supported by Burundian soldiers, the Southern African Development Community Mission in the DRC (SAMIDRC), the blue helmets of MONUSCO and Wazilendo militiamen.The advance of the rebels has been significant, managing to conquer the towns of Mumbambiro and Sake, located just 30 km from the city of Goma, capital of North Kivu. In recent days, fighting has focused on strategic arteries such as Sake-Kirotshe, Sake-Mushaki and Sake-Kitshanga. The heavy fighting in Sake has triggered a new mass exodus of displaced people towards Goma, where the humanitarian situation is already alarming. Clashes have now reached the territory of Nyiragongo, near Goma, particularly in Kibumba, some 20 km from the city. Heavy artillery shelling can be heard in the northern districts of Goma, while the camps for internally displaced people in Bulengo, Kimashini and Lushagara, west of the city, have been evacuated, forcing their occupants to seek refuge in the city centre. The chaos is exacerbated by the spread of contradictory news, such as the alleged assassination of the military governor of North Kivu, Péter Cirimwami. While media close to the rebels claim his death, other sources close to the government deny it, although there has been no official confirmation. The Congo River Alliance, the political arm of the M23, has issued a statement in English and French urging SAMIDRC troops and MONUSCO blue helmets not to intervene alongside Congolese forces. In addition, the rebels have announced their intention to advance on Goma with the declared aim of “bringing peace and stability to the region.” Given the seriousness of the situation, Congolese President Félix Tshisekedi returned to Kinshasa from Davos on January 23 to meet urgently with the Ministers of the Interior and Defense. He also chaired an extraordinary meeting of the High Council of Defense on January 24 to address the crisis. In parallel, Turkish President Recep Tayyip Erdogan, on a visit to Kigali, Rwanda, expressed his willingness to mediate between Rwanda and the DRC to end the conflict. (L.M.) (Agenzia Fides, 24/1/2025)
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  • MIL-OSI Europe: ASIA/INDIA – The Jubilee Year in Tamil Nadu: giving new hope to the Dalits

    Source: Agenzia Fides – MIL OSI

    Bangalore (Agenzia Fides) – “For the Dalits, the Jubilee means hoping for the recognition of their human dignity; it means breaking the spiral of discrimination and exclusion. The Jubilee period is a time of hope for them to escape from the caste mentality and enjoy opportunities in society and in the Church on an equal basis with other citizens,” said Franciscan Father Nithya Sagayam OFM Cap, Secretary of the Commission for Castes and Scheduled Tribes (SCST) of the Council of Catholic Bishops of the State of Tamil Nadu, to Fides, referring to the Jubilee Year in the South Indian state. In an area that includes 18 dioceses and 38 civil districts, the religious works for the development, emancipation and spiritual accompaniment of the Dalits (the so-called “untouchables”), who make up 20% of the state’s population (81 million inhabitants in total) and live mainly in rural areas, with little or no access to education and social services. “Among the Catholics in Tamil Nadu (7.5 million believers in total)”, said the Franciscan Father, “Dalits make up about 60 percent, and they are the poorest of the poor, the excluded, the deprived of dignity. It is therefore important for the Catholic community to stand by them and to set out with them on the path of hope, as the Pope wishes at this time of the Jubilee.” “It is about awakening in them the hope of human dignity, of a life worth living, which they do not just spend resignedly on the fringes of society and history. Here, a caste mentality still prevails, which irreversibly relegates them to the last place,” he notes. The Commission for the Dalits of the Council of Bishops of Tamil Nadu has drawn up a program with various initiatives on the occasion of the Jubilee: “The first,” he reports, “is education and learning the English language to improve their situation and the possibility of employment; then there are emancipation initiatives such as seminars to learn how to do business, to start small economic activities; there is also the desire to deal with the phenomenon of emigration, since Dalits live in rural villages and tend to migrate to the cities”. “In this pilgrimage of hope alongside them – the religious concluded – we are always helped by faith in Jesus Christ, who has given salvation to all, so that each of us, each Dalit, is a beloved child’. (PA) (Agenzia Fides, 24/1/2025)
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  • MIL-OSI United Kingdom: Dibden Road fire updates

    Source: City of Norwich

    Published on Friday, 24th January 2025

    Following the recent fire on Dibden Road, the council and partners have been actively working to ensure the safety of residents and facilitate recovery efforts.

    The building at the centre of the fire was a privately owned shoe factory that was no longer operational.

    The fire began on the evening of Monday 20 January and was responded to by Norfolk Fire Service.

    Key actions so far:

    1. Safety measures:
      • Precautionary asbestos testing was conducted periodically throughout, and all results have been negative.
      • Additional testing was performed in nearby areas, including a the playground at George White Primary School to enable it to reopen after a two-day precautionary closure.
    2. Debris removal:
      Environmental protection officers joined contractors to engage with residents near the site to address concerns about debris. Inspections found minimal debris in gardens, which the contractor is clearing. If you have any outstanding concerns about debris in your garden, please email compliance@norwich.gov.uk with the details.
    3. Work on the site:
      Demolition work is underway, with the work scheduled to restart on Monday 27 January, due to the high winds forecast on Friday 24 January.
    4. Road closures:
      Dibden Road will remain closed until work is completed and rubble is removed.
    5. Bin collections:
      • Disrupted bin collections are resuming from the afternoon of Friday 24 January.

    Looking ahead

    The council and its partners are committed to keeping residents informed as recovery efforts continue. Regular updates will be shared via social media and the council website when necessary.

    We thank everyone for their patience and cooperation during this time.

    MIL OSI United Kingdom –

  • MIL-OSI USA: New solar plants expected to support most U.S. electric generation growth

    Source: US Energy Information Administration

    In-brief analysis

    January 24, 2025

    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), January 2025
    Note: Capacity values represent the amount of generating capacity at utility-scale power plants (greater than 1 megawatt). Other renewables include geothermal, waste biomass, wood biomass, and pumped storage hydropower.

    In our latest Short-Term Energy Outlook (STEO), we expect that U.S. renewable capacity additions—especially solar—will continue to drive the growth of U.S. power generation over the next two years. We expect U.S. utilities and independent power producers will add 26 gigawatts (GW) of solar capacity to the U.S. electric power sector in 2025 and 22 GW in 2026. Last year, the electric power sector added a record 37 GW of solar power capacity to the electric power sector, almost double 2023 solar capacity additions. We forecast wind capacity additions will increase by around 8 GW in 2025 and 9 GW in 2026, slight increases from the 7 GW added in 2024.

    In contrast to solar and wind, generating capacity for most other energy sources will remain mostly unchanged in 2025 and 2026. Natural gas-fired capacity growth slowed in 2024, with only 1 GW of capacity added to the power mix, but natural gas remains the largest source of U.S. power generation.

    We forecast U.S. coal retirements will accelerate, removing 6% (11 GW) of coal generating capacity from the U.S. electricity sector in 2025 and removing another 2% (4 GW) in 2026. Last year, coal retirements represented about 3 GW of electric power capacity removed from the power system, which is the lowest annual amount of coal capacity retired since 2011.

    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook
    Note: Other renewables include geothermal, waste biomass, wood biomass, and pumped storage hydropower.

    We expect that planned renewable capacity additions will support most of the growth in U.S. electric power generation, which we expect will increase by 2% in 2025 and by 1% in 2026. The U.S. electric power sector produced a total of 4,155 billion kilowatthours (kWh) of electricity in 2024, up 3% from 2023.

    Natural gas
    In 2024, U.S. natural gas-fired power plants generated a total of 1,767 billion kWh, 4% more than in 2023. Natural gas-fired power accounted for around 42% of the U.S. electricity mix, mostly unchanged compared with 2023. We expect natural gas generation will decline in 2025 by 3% to 1,712 billion kWh and decrease a further 1% to 1,692 billion kWh in 2026.

    Renewables
    We expect renewable power generation will increase 12% in the United States to 1,058 billion kWh in 2025 and increase a further 8% to 1,138 billion kWh in 2026. Renewable sources were the second-largest contributor to U.S. power generation in 2024 and accounted for 945 billion kWh, up 9% from 2023.

    Nuclear
    We expect U.S. nuclear power generation to grow 2% to 796 billion kWh in 2025 and increase a further 1% to 800 billion kWh in 2026. Nuclear power generation in 2024 was up slightly from 2023, totaling 781 billion kWh. Increased nuclear generation in the forecast is partly due to the addition of the two Vogtle power plant units that began commercial operations in July 2023 and April 2024, as well as the expected restart of the Palisades power plant in October 2025.

    Coal
    We expect U.S. coal power generation to remain unchanged at around 640 billion kWh in 2025 and 2026. Coal electricity generation was 647 billion kWh in 2024.

    Principal contributor: Katherine Antonio

    MIL OSI USA News –

  • MIL-OSI USA: UConn Extension’s Mental Health First Aid Training Offers Hope and Support

    Source: US State of Connecticut

    Mental health conversations were virtually nonexistent for many in Generation X and the Baby Boom generation. Today, however, policies, non-governmental organizations, and advocacy efforts have shifted mental health from a taboo topic to an open and ongoing dialogue. This progress has been instrumental in reducing stigma and promoting awareness about mental health challenges.

    One key initiative in this effort is the Mental Health First Aid Training, offered by the National Council for Mental Wellbeing. The program equips participants to assist individuals experiencing a mental health or substance use challenge, much like traditional first aid prepares someone to respond to a physical health emergency.

    Maryann Fusco-Rollins, an assistant extension educator with UConn Extension in Tolland County (Kara Bonsack/UConn Photo)

    Maryann Fusco-Rollins, an assistant extension educator with UConn Extension in Tolland County, brings this transformative training to adults through the UConn 4-H program. Supported by the College of Agriculture, Health and Natural Resources (CAHNR) Strategic Vision Implementation grant, her mission is both professional and deeply personal.

    Growing up in the 1980s, Fusco-Rollins witnessed a family member struggle with mental health challenges. “There wasn’t as much information available then as there is now, but I was already seeking services and connecting people to get help,” she recalls. This early exposure to mental health advocacy left a lasting impression, inspiring her to pursue work in this field.

    After serving in the Peace Corps in Guatemala, Fusco-Rollins took a job at a crisis hotline, balancing patient intakes by day and hotline calls by night.

    “I took as many professional training and certification classes as I could,” she says. Her drive to learn and help others led to a role as a Dialectical Behavior Therapy (DBT) skills trainer, working with individuals diagnosed with borderline personality disorder. She also served as an on-site supervisor at a residential program supporting individuals with schizophrenia.

    “The DBT skills training opened my eyes to the importance of mental wellness practice for everyone,” Fusco-Rollins shares. “What resonated most with me was the comprehensive nature of DBT. It’s not just about helping the client—it’s about equipping the entire care team with mindfulness tools. It’s like putting your own oxygen mask on first.”

    Fusco-Rollins emphasizes that mental health is about recognizing challenges and taking action when needed. “It’s about getting to know yourself and being honest about when you’re not okay,” she says. Yet, she acknowledges, asking for help can be one of the hardest steps.

    The Mental Health First Aid Training she now teaches is designed to address this hesitation. Participants learn to support someone in crisis or non-crisis situations until professional help is available. The course provides practical, real-world skills, including how to listen non-judgmentally and connect individuals to appropriate resources. Pre-work ensures participants are prepared, while follow-up materials offer continued support.

    “This training is for everyone—whether you have experience or not,” Fusco-Rollins explains. “Like traditional first aid, it doesn’t teach you to diagnose or treat conditions. Instead, it empowers you to act as a bridge, offering crucial assistance during a mental health crisis or emerging concern.”

    Just as wearing a seatbelt or eating healthfully supports physical well-being, prioritizing mental health is essential for overall health.

    Amy Harder, Ph.D., associate dean for extension, is excited to see UConn Extension increasing its efforts in this area.

    “Addressing mental health was reported as a leading priority when we surveyed Connecticut residents last year about their needs, and it’s important that we work on topics that are meaningful to local communities,” shares Harder.

    Participants in the training also learn to care for themselves. The course emphasizes the importance of self-care routines to manage stress and maintain long-term wellness. “The MHFA course trains people to help others in a supportive, non-judgmental way,” says Fusco-Rollins. “By the end, participants feel confident they can help someone in a concerning situation or crisis. They know how to access additional resources, and they leave with a sense of hope. We are not struggling alone—there are people who can help, recovery is possible, and there is hope.”

    This work is supported by CAHNR’s Health and Wellbeing Strategic Vision Implementation Committee.

    MIL OSI USA News –

  • MIL-OSI USA: Undergraduate Researcher Studying Homemaker Influencers

    Source: US State of Connecticut

    Sometimes an Instagram photo of freshly made strawberry jam, jars lined up symmetrically on a patterned tea towel, isn’t just a picture of preserves, says Kathryn Andronowitz ’26 (CLAS).

    Sometimes a photo like that, in a crisp kitchen with only a dirtied wooden spoon and sticky sweet mixing bowl in the background, represents something far more concerning that threatens the advancements women have made in the workplace and elsewhere outside the home, she says.

    “There’s nothing wrong with being a housewife or homemaker,” Andronowitz says. “I’m not trying to demean these women who are posting about that. My problem is in how some housewife influencers present it and how it’s part of a bigger narrative that, I believe, is ultimately harmful to women because of how it naturalizes women in the home while brushing off feminism as no longer necessary.”

    In her study, “The Business of Domesticity: A Study on Homemaker Influencers on Instagram,” Andronowitz is looking at the four themes she sees as connecting those 20-something-year-old women who’ve built a brand making videos of themselves effortlessly straining off the liquid whey in a batch of homemade ricotta cheese.

    The first is consumer capitalist logic, or how they operate as branded identities and use their platform to promote products. Next is the fantasy idealization aspect of their accounts, or how they present their idealized lifestyle without showing the inevitable drawbacks, fails, and bad days that happen as part of life.

    Kathryn Andronowitz ’26 (CLAS) (Contributed photo)

    Third is their promotion of alternative wellness and health, that is making food, sometimes even ingredients, from scratch. And last is their assertion their values are under attack, or that society believes they shouldn’t be mothers, religious, or stay at home.

    “They present their content in a way that makes sense to the average viewer. If you’re not thinking about it too deeply, it’s presented in a way that depicts the homemaker role as the most natural, fulfilling, even morally correct, path for women,” she says. “It’s only when you take a step back that you see how easy it is for people to get caught up and uncritically romanticize being a homemaker.”

    Andronowitz, a double major in English and sociology, says she started to see posts from tradwives, a term for “traditional housewives” that was popularized around 2020, show up in her social media feed and questioned their promotion of traditional gender roles and denunciation of feminism.

    Such influencers typically adhere to beliefs that were popular in the 1950s, namely that women stay home to raise children and keep house while men serve as breadwinners, Andronowitz explains. Oftentimes, tradwives go as far as saying they should be subservient to their husbands and are depicted in classic dress, with busts pushed up and waists cinched, while performing everyday tasks around the home.

    “It’s certainly valid for women to feel undervalued or caught up in the hustle of a capitalist society,” Andronowitz concedes, “but inspiring women to say to themselves, ‘I’m going to choose to step back into a slow life and leave it to the man to make the money,’ flips the script to an individual solution and turns on collective feminist aims.”

    Her project, being completed as part of a 2024-25 undergraduate research fellowship through the UConn Humanities Institute, looks at Instagram accounts with between 50,000 and 500,000 followers that predominantly feature white women generally without the male head of household anywhere near the camera.

    On these accounts, viewers find beautifully shot videos of zinnia-filled flower gardens, bubbling sourdough bread starter, and homemade beeswax candles that entice them to continue scrolling, she notes.

    “Their identities are complicated by the fact that they are content creators and entrepreneurs, so they display a lot of creativity and agency, which is an interesting contrast to how homemakers are typically perceived,” she says, adding she worries nonetheless about its aestheticized appeal.

    “Young women can be influenced from an even earlier age, long before they make decisions like whether they want to go to college or whether they want to get married,” Andronowitz says. “These very traditional roles can put women in situations that are very repressive.”

    MIL OSI USA News –

  • MIL-OSI USA: The Science of Music’s Healing Power

    Source: US State of Connecticut

    Music can be so omnipresent in daily life – blasting out of tinny Bluetooth speakers at the beach, wafting through the aisles at the grocery store, filling the background of an ad on TV – that many of us give it little thought. But for neuroscientist Ed Large, director of the Music Dynamics Laboratory at UConn, music and thought are inseparable.

    In November, Large was recognized at the Music Has Power Symposium in New York City, organized by The Institute for Music and Neurologic Function (IMNF), for his work in understanding the power of music to boost brain function. The symposium, which brought together scientists and musicians alike, was the perfect forum for Large, who went from playing bluegrass to being recognized for his groundbreaking work regarding the ability of musical rhythms to synchronize and train brain rhythms.

    Large’s primary contribution to the field of music cognition is neural synchronization. The neuroscientist – who is also a professor in the departments of Psychological Science and Physics – derived equations that describe how the brain works when it synchronizes to rhythms, and soon enough, experiments began to support his hypotheses.

    In one of those experiments, Large and Psyche Loui, a professor at Northeastern University, based their hypotheses in part on research from Massachusetts Institute of Technology (MIT) that directly stimulated the hippocampus of mice with genetically engineered Alzheimer’s disease. Loui asked whether adding light to Large’s models of synchronization to musical rhythms could create an effective treatment for Alzheimer’s. After four years and $4.5 million in grants from the National Institutes of Health (NIH), their work has improved memory in patients with mild Alzheimer’s disease.  

    The type of music that best activates the brain is music that people pick themselves, Large says. Even compared to music that patients are very familiar with, Large observes, “If they chose the music themselves, it actives certain areas of the brain, more than any other kind of music.”

    Large discovered his passion for the scientific field of music cognition while in graduate school. Large started his undergraduate studies as a math major, but, choosing to follow his dream of being a professional musician, switched to studying classical guitar performance. After earning his degree from Southern Methodist University and performing for a few years, he went to graduate school at Ohio State University to study artificial intelligence and cognitive science. While there, he learned about the field of music cognition and immediately knew it was what he was supposed to be doing.

    “I wasn’t meant to be a performer; I was born to do this,” Large says.  

    The IMNF, which recognized Large’s work in New York this year, was founded by Concetta (Connie) Tomaino, a music therapist, and Oliver Sacks, a neurologist and best-selling author. Large became involved with the IMNF while he was teaching in Florida, and Tomaino asked if he would join their Scientific Advisory Board. Although hesitant at first, he went to New York to learn about the work she had been doing.

    Tomaino had been treating patients with debilitating brain damage, causing aphasia, a disorder that makes it difficult to speak, read, and understand language. Large observed two main types of patients: older adults who had strokes, and younger adults who had survived gunshot wounds to the head. And it was a drum circle among these patients that was a turning point in Large’s thinking about music therapy. An atmosphere of depression and negativity, he recalls, was replaced by a sense of happiness and satisfaction following vigorous participation in the 30-minute drum circle.

    “If that is all music therapy does for patients, that is enough,” Large says. “But it turns out, it can do a lot more.”

    Next for his research is Phase 2 Clinical Trials. In these next trials, Large will expand his research by testing a greater number of Alzheimer’s patients. And Large continues to do basic research in the lab, looking at the synchronization of brain rhythms to musical rhythms. He aims to be able to target specific areas of the brain with specific frequencies of stimulation using music and possibly synchronized light. 

    “If we can do this much with what we know now, there is so much more we can do,” he says. 

    MIL OSI USA News –

  • MIL-OSI: Stardust Power Inc. Announces Pricing of $5.75 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) — Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.30 per share, will be exercisable immediately and will expire five years from the issuance date.

    “We are proud that we have priced this round of financing with investment from a large institutional investor, representing their support for the Stardust Power story. This financing continues building on our progress towards the FID stage for our large central lithium refinery. The capital provides stability for the company to continue to execute against our business plan,” noted Stardust Power Founder and CEO, Roshan Pujari.

    The closing of the Offering is expected to occur on or about January 27, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this Offering for working capital and general corporate purposes, as well as to satisfy amounts due under certain existing promissory notes of the Company.

    A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.

    The securities described above are being offered pursuant to a registration statement on Form S-1 (File No. 333-284298) previously filed with the Securities and Exchange Commission (“SEC”) on January 15, 2025, which was declared effective on January 23, 2025. This Offering is being made only by means of a prospectus forming part of the effective registration statement. A preliminary prospectus relating to the Offering has been filed with the SEC. An electronic copy of the final prospectus relating to the Offering may be obtained, when available, on the SEC’s website located at http://www.sec.gov and may also be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Stardust Power Inc.

    Stardust Power is a developer of battery-grade lithium products designed to bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The Company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol “SDST.”

    For more information, visit http://www.stardust-power.com

    Stardust Power Contacts

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

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

    Forward Looking Statements

    Certain statements in this press release constitute “forward-looking statements.” Such forward-looking statements are often identified by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “forecasted,” “projected,” “potential,” “seem,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, among other things, statements relating to the satisfaction of customary closing conditions related to the Offering, the timing of the anticipated closing of the Offering and the intended use of proceeds from the Offering. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability of Stardust Power to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to Stardust Power; risks related to the price of Stardust Power’s securities, including volatility resulting from changes in the competitive and highly regulated industries in which Stardust Power plans to operate, variations in performance across competitors, changes in laws and regulations affecting Stardust Power’s business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.

    Stockholders and prospective investors should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Stardust Power from time to time with the SEC.

    Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Stardust Power. Stardust Power expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Stardust Power with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    The MIL Network –

  • MIL-OSI: Silicon Motion Confirms Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan and MILPITAS, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.

    On October 28, 2024, the Board of Directors of the Company declared payment of an annual dividend of US$2.00 per ADS1, equivalent to US$0.50 per ordinary share, which will be paid in four quarterly installments of $0.50 per ADS, equivalent to US$0.125 per ordinary share.  According to the previously announced record and payment dates, the next quarterly installment will be paid on February 27, 2025 to all shareholders of record on February 13, 2025. Our depository bank’s DR Books will be closed for issuance and cancellation on February 13, 2025.

    The declaration and payment of future cash dividends are subject to the Board’s continuing determination that the payment of dividends is in the best interests of the Company’s shareholders and are in compliance with all laws and agreements of the Company applicable to the declaration and payment of cash dividends.

    ABOUT SILICON MOTION:

    We are the global leader in supplying NAND flash controllers for solid state storage devices.  We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications.  We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.  Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.  For further information on Silicon Motion, visit us at http://www.siliconmotion.com.

    FORWARD-LOOKING STATEMENTS:

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2024. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this press release.

    1 One ADS is equivalent to four ordinary shares.

    The MIL Network –

  • MIL-OSI Video: Take a MINUTE | U.S. Army

    Source: US Army (video statements)

    About the U.S. Army:
    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Spirituality #Mindfullness

    https://www.youtube.com/watch?v=YE3mBXsX1Sk

    MIL OSI Video –

  • MIL-OSI Video: All Hands on Deck for the Energy Transition | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    With the global targets of tripling renewable energy and doubling energy efficiency by 2030 fast approaching, it is critical to accelerate the implementation, build political momentum and monitor progress.

    How can countries and industries close this gap and what tools are at their disposal?

    Speakers: Ursula von der Leyen, Fatih Birol, Morten Wierod, Dina Ercilia Boluarte, Mirek Dušek, Gurdeep Singh, Lars Rebien Sorensen

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

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

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

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

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=c2YrBr-YlRg

    MIL OSI Video –

  • MIL-OSI Europe: President Keller-Sutter to attend ceremony marking 80th anniversary of Auschwitz liberation

    Source: Switzerland – Department of Finance

    On 27 January, around 40 heads of state and government and heads of international organisations will join Holocaust survivors at a ceremony to commemorate the 80th anniversary of the liberation of the Auschwitz-Birkenau concentration and extermination camp. The President of the Swiss Confederation, Karin Keller-Sutter, will represent Switzerland at the event. She will be accompanied by two Swiss survivors.

    MIL OSI Europe News –

  • MIL-OSI United Nations: 8th Expert Meeting on Statistics for Sustainable Development Goals & 2024 Workshop on Statistics for SDGs

    Source: United Nations Economic Commission for Europe

    The 2024 Workshop & Expert Meeting on Statistics for Sustainable Development Goals is aimed at experts from national statistical offices, international organizations and other stakeholders involved in the production, communication and coordination of the reporting of statistics for SDGs. The meeting focuses on strategic issues and serves as a platform to share experiences, good practices and lessons learned; to showcase innovative solutions to the challenges faced; and to identify priorities for future methodological and capacity-development work in this area.

    The meetings will be held in person. The Workshop will take place on 15 October 2024 and the Expert Meeting on 16-17 October 2024. 

    Find out more about UNECE’s work on Statistics for SDGs here.

    MIL OSI United Nations News –

  • MIL-OSI Security: Polish fugitive arrested in the Netherlands thanks to a tip received via EU Most Wanted website

    Source: Europol

    The fugitive was wanted in connection with multiple serious offenses across Poland and Germany. These included his suspected involvement in a fatal violent incident in Poland in December 2021, in which the victim succumbed to his injuries. He was also convicted in Poland for a violent offence in 2019, for which he was sentenced to one year in prison, and…

    MIL Security OSI –

  • MIL-OSI Security: Columbia Man Indicted on Sex Trafficking and Child Sexual Abuse Material Charges Involving 11 Victims

    Source: Office of United States Attorneys

    COLUMBIA, S.C. — A federal grand jury in Columbia returned a 22-count indictment against defendant Leon-Bobby Jones-Hubbard, 31, of Columbia, charging him with sex trafficking by force, fraud, or coercion; two counts of sex trafficking of a minor; nine counts of production and attempted production of child sexual abuse materials; nine counts of coercion and enticement of a minor into illegal sexual conduct; and one count of distribution of child sexual abuse material.

    The indictment alleges that from at least June 2023 to present, Jones-Hubbard used social media platforms including Facebook to target, recruit, and exploit 10 minor victims who ranged from 5 to 16 years old and were located in Arkansas, Michigan, Alabama, Wisconsin, and Texas. The indictment further alleges the defendant paid money through Cash App, PayPal, and Meta Pay to induce and entice minors into illegal sexual conduct, including sex trafficking and the production of child sexual abuse material.

    An adult with a severe developmental disorder was also targeted and exploited, according to the indictment, by Jones-Hubbard using an intermediary to coerce the victim into sex acts through physical restraint, physical force, and violence in exchange for money.

    Jones-Hubbard faces a penalty of up to life in prison. He also faces mandatory minimum penalties of 15 years, 10 years, and five years in prison on various counts charged.  He faces fines of up to $250,0o0 per count, a special assessment of $5,000 per count, mandatory restitution payable to any victims who suffered loss in connection with criminal conduct, court-ordered supervision of life to follow any term of imprisonment, and federal and state sex offender registration requirements.

    Jones-Hubbard was arraigned in federal court on Jan. 23 and was ordered detained pending a detention hearing before United States Magistrate Judge Paige J. Gossett on Jan. 28 at 2:30 p.m.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the U.S. Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals, who sexually exploit children, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit http://www.justice.gov/psc.

    This case was investigated by the FBI Columbia Field Office. Assistant U.S. Attorneys Elliott B. Daniels and E. Elizabeth Major are prosecuting the case.

    U.S. Attorney Adair F. Boroughs stated that all charges in the indictment are merely accusations and that defendants are presumed innocent unless and until proven guilty.

    ###

    MIL Security OSI –

  • MIL-OSI Global: Wood burning stoves are a serious problem for your health – and the environment

    Source: The Conversation – UK – By Asit Kumar Mishra, Research Fellow in School of Public of Health, University College Cork

    Monkey Business Images/Shutterstock

    There is something cosy and appealing about settling down next to a roaring fire in winter but, every year, nearly 61,000 premature deaths in Europe are caused by air pollution as a result of people burning wood or coal to heat their homes.

    Wood-burning stoves are often considered safer, cleaner and more attractive than open fires. This may, in part, explain why from 2021 to 2022, sales of wood-burning stoves increased by 40% in the UK.

    However, burning wood is not necessarily a healthier or greener alternative to coal or gas for home heating.

    Wood burning produces a complex chemical mixture of fine particulate matter (PM2.5) and gases, which can be breathed deep into the lungs. The specific contents vary based on the type of stove and the type of fuel, but chemicals can include carbon monoxide, oxides of nitrogen and a range of volatile organic compounds, such as cancer-causing formaldehyde and benzene.

    Exposure to wood smoke affects the heart, blood vessels and the respiratory system – and PM2.5 is considered to be the biggest threat. Wood smoke increases the risk of heart attacks and strokes and can exacerbate chronic obstructive pulmonary disease (COPD) and asthma. Exposure to PM2.5 from wood burning can also cause premature death.

    Exposure to this pollution also leads to loss of work days, reduced productivity, higher expenses on healthcare and increased hospital admissions.

    The risks are higher for people over 65, children, pregnant women and people with existing heart or lung conditions. Chronic wood smoke inhalation has been associated with systemic inflammation, which can make the lungs more vulnerable to infections, such as flu and COVID.

    In the UK and Ireland, solid fuel heating is the main source of outdoor PM2.5 during wintertime. While wood is the dominant solid fuel in the UK, peat burning is regularly found to make the largest contribution to PM2.5 in Ireland.

    Under cold, stagnant weather conditions, air pollution, even in small rural towns, can be as high as that found in very polluted parts of north India.

    Exposure to outdoor air pollution caused by wood burning is an obvious health risk. But the pollution also finds its way into homes, worsening indoor air quality. Also, when lighting or refuelling a wood stove, large quantities of PM2.5 escape into the indoor air. Depending on how effective the home ventilation is, the PM2.5 levels can take hours to reduce.

    Looks aren’t everything

    In surveys carried out in Ireland and the UK, it was found that most people using solid fuel stoves did it for the aesthetics and the “homely feel”. The desire to save money or necessity came next.

    Most people who use indoor wood burning in London are in wealthier neighbourhoods, while those most affected by the consequent air pollution are in poorer areas.

    Educational campaigns regarding the effect of wood-burning stoves on health and the environment can be an important tool to reduce their usage. New initiatives, such as the Clean Air Night held in the UK and Ireland, are valuable in raising awareness and possibly changing long-term heating habits.

    Encouraging users to move to more efficient and renewable heating technologies like heat pumps can reduce emissions and harm to health. This move even works out to be cheaper, except for people who source their own wood.

    Communities can also be provided with information on their local air quality, allowing them to visualise real-time effects of their actions. For example, the PM2.5 sensor network map for Cork is freely accessible to the community and identifies locations and times when PM2.5 pollution is unhealthy.

    If you have a wood burner, you could check that the pollution levels aren’t too high before you fire it up.

    How to reduce emissions

    People who rely on solid fuel stoves as their only source of home heating can adopt the following measures to reduce emissions. Use low-emission labelled stoves that reduce pollution. When burning, have small hot fires, with enough air supply and do not let the fire smoulder.

    Choose carefully what is burnt, in compliance with relevant regulations. Do not burn garbage, plastics, cardboard, treated or painted wood in your stoves. These items increase exposure to toxic pollutants.

    Ensure that stoves are installed and maintained annually by professionals. And, when lighting up or refuelling, make sure that the room the stove is in is well ventilated. This means open windows, no blocked vents, and exhaust fans or kitchen hoods can be used for additional ventilation.

    People who use solid fuel stoves as a secondary source of heating could consider using the stove less or even stopping using it altogether. That really would be a breath of fresh air.

    Asit Kumar Mishra is a DOROTHY co-fund Fellow and Marie Skłodowska-Curie Fellow and receives funding from the European Union’s Horizon 2020 research and innovation programme under the Marie Skłodowska-Curie grant agreement No 101034345.

    John Wenger has previously received funding from several governmental organisations in Ireland for research into solid fuel burning, including the EPA and Irish Research Council.

    – ref. Wood burning stoves are a serious problem for your health – and the environment – https://theconversation.com/wood-burning-stoves-are-a-serious-problem-for-your-health-and-the-environment-245737

    MIL OSI – Global Reports –

  • MIL-OSI Global: Why peat is a key ingredient in whisky and the climate crisis

    Source: The Conversation – UK – By Toby Ann Halamka, Postdoctoral Researcher in Organic Geochemistry, School of Earth Sciences, University of Bristol

    Kondor83/Shutterstock

    Burnt. Smoky. Medicinal. Each of these represents a subcategory of “peaty” whisky in the Scotch Whisky Research Institute’s brightly coloured flavour wheel.

    A more chemistry-focused flavour wheel might include names like lignin phenols, aromatic hydrocarbons or nitrogen-containing heterocycles. Perhaps less appealing, but these chemicals define the flavours of Scotch whisky and represent just a few of the many types of organic carbon that are stored in peatlands.

    However, when peat is burned for the production of whisky, ancient carbon is released into the atmosphere. Approximately 80% of Scotch whisky is made using peat as a fuel source for drying barley during the malting process. The aromas of the burning peat, or “reek” as it is known in the industry, are steeped into the grains providing the intense smoky flavours associated with many Scotch whiskies.

    Historically, peat was a critical fuel resource for Scotland – a nation famously rich in peatlands with few trees for wood-burning. But as the industry has modernised, peat burning in whisky manufacturing has become less a story of adapting to resource limitations and more one of tradition and distinctive flavouring.

    There is little debate about the importance of peat burning in generating some of the most highly sought-after flavours in the world of whisky. Some enthusiasts identifying as “peat heads” track the parts per million (ppm) of peaty compounds in their favourite brands. The ppm measure represents phenol concentrations (a group of aromatic organic compounds) in the malted barley. But this does not represent how peaty your whisky will taste as much will get lost in subsequent processes. Nor does the ppm represent how much peat was burned in production.

    Most of the peat that is extracted in Scotland is used in horticulture as compost to grow things like mushrooms, lettuce and houseplants. However, both the Scottish and UK governments are making efforts to reduce peat extraction for gardening needs.

    The Scotch whisky industry makes up about 1% of total peat use in Scotland. But, as horticulture practices change, this may represent a larger portion of peat use in the future.

    In 2023, the Scotch whisky industry outlined a long-term sustainability plan that expresses goodwill but lacks clearly defined goals towards peatland restoration.

    Such policies that ban or limit the use of peat in certain industries have followed an increased awareness of how important peatlands are to locking carbon away instead of releasing it into our atmosphere. Despite making up only about 3% of Earth’s land surfaces, peatlands store more carbon than all the world’s forests.

    So, should you worry about the climate consequences of peat use in Scotch whisky?

    No matter how you slice it, harvesting peat is not good for the environment – and getting your hands on a nice dry slab of peat to extract those smoky flavours is no easy task. Peat is formed by waterlogged, oxygen-poor conditions that slow the natural breakdown process of plant material.

    While it is critical for healthy peatlands, excess water is not ideal for burning or transporting peat. Hence, peat extraction usually involves the extensive draining of peatlands. This halts the natural peat accumulation process and releases greenhouse gases from the now-degraded peats into the atmosphere.

    More than 80% of Scotland’s peatlands are degraded.

    Some recovery efforts are being made, and it has been suggested that the whisky industry can offset their peat degradation by investing in peat restoration. But, peatland restoration is a long-term and imprecise solution that might take decades to properly assess, while existing peatlands are needed as a natural carbon sink now.

    Flavour innovations

    There are reasons for “peat heads” (both whisky fans and climate warriors) to feel optimistic about the future of this industry.

    For decades, the barley malting industry has focused on extracting the most flavour out of the least peat. Innovations in enhanced peat burning efficiency and investigations into peat flavouring alternatives are just some of the ways that the whisky industry is decreasing its peat footprint.

    Change in this sector takes time. Any innovations in whisky made today must age for at least three years before being ready for the “flavour wheel”. This delay underscores the urgency of developing new methods as it will take time to find the perfect eco-friendly recipe that compromises neither the taste nor tradition of Scotch whisky.

    In the meantime, whisky drinkers can seek out distilleries that are taking active steps to decrease their environmental impact and try drinking peat-free or peat-efficient whiskies.

    To continue celebrating the uniqueness of peat as a flavour in whisky, we need to better acknowledge the effect it has on peatland degradation and continue to advocate for positive changes in the industry.

    The story of peat use in Scotch whisky will continue to evolve. But while experimenting with future flavours, Scotland must preserve one of this nation’s most precious environmental resources.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

    Toby Ann Halamka receives funding from the CERES (Climate, Energy and Carbon in Ancient Earth Systems) UKRI grant at the University of Bristol.

    Mike Vreeken does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Why peat is a key ingredient in whisky and the climate crisis – https://theconversation.com/why-peat-is-a-key-ingredient-in-whisky-and-the-climate-crisis-245497

    MIL OSI – Global Reports –

  • MIL-OSI Global: The Trumps want you to buy their meme coins, but history should make us cautious about the hype

    Source: The Conversation – UK – By Emmanuel Mogaji, Associate Professor in Marketing, Keele University

    Just before assuming office as the 47th president of the United States, Donald Trump introduced his meme coin – $Trump. The digital token attracted lots of attention, and a couple of days after its launch the combined value of the coins was nearly US$8.5 billion (£6.9 billion).

    Trump venturing into meme coins is perhaps not surprising, given his history of branding everything from sneakers to bibles. The first lady followed suit with a meme coin of her own ($Melania, which briefly outperformed her husband’s coin).

    History shows us that speculative hypes like this are not new. Hype can distort rational decision-making, with investors often neglecting due diligence and failing to ask the usual important questions of their investment.

    In 17th-century Netherlands, tulip bulbs became status symbols. Rare varieties could fetch six times a typical salary – until the bubble burst, leaving many financially devastated. Similarly, the South Sea Bubble of the 18th century saw the South Sea Company’s stock price skyrocket based on speculative frenzy (and a high-profile figurehead in King George I) before crashing back down. And the dotcom bubble of the early 2000s saw unproven tech startups achieve sky-high valuations on sheer optimism until the inevitable crash.

    The rise of meme coins, including the Trump ventures, bears similarities to the frenzy surrounding these past phenomena. They are driven by hype, the perception of scarcity and the promise of high returns. These factors can inflate the value irrationally and lead to significant financial risks for those who invest.

    Meme coins thrive on the power of hype. Prominent figures like Trump and viral sensations such as internet star Haliey Welch’s failed cryptocurrency have the power to generate enormous buzz. Like the tulip mania of the 1600s, these digital tokens don’t hold any intrinsic value but instead rely on public sentiment to drive prices up. The hype can quickly make them seem indispensable and highly valuable, even though they have no physical existence.

    The ease of access to meme coins also boosts their popularity. People can buy them online using simple apps or websites – much like shopping for any other product – without the need for a broker or intermediary. This autonomy appeals to modern investors, allowing them to manage their assets from the comfort of their homes. However, the simplicity and convenience often mask the high risks involved.

    Social media amplifies the excitement surrounding meme coins, creating a community vibe that fuels their popularity. The constant buzz on platforms and among influencers generates Fomo (fear of missing out), pressuring people to join the bandwagon in pursuit of the potential gains. But this rush can lead to ill-informed decisions.

    Meme coins are seen as opportunities for quick and substantial profits – an anonymous buyer (the so-called Lucky Crypto Trader) reportedly made US$100 million within hours on Trump’s coin. But these successes are rare and unpredictable. For most consumers, investing in meme coins is like gambling, with no guarantees of returns and a high likelihood of losses.

    Is it ethical?

    As a researcher in financial services marketing and fintech, I focus on the ethical and financial implications of meme coins.

    Cryptocurrencies remain largely unregulated, leaving investors without protection. So the influence of prominent figures like the Trumps hyping these assets raises questions of accountability and fairness. This lack of oversight puts inexperienced consumers at significant financial risk, which only serves to underline the need for caution.

    The parallels with past speculative bubbles offer valuable lessons. From tulip mania to the dotcom bust, history shows us the dangers of unchecked hype and speculative investments. Consumers should learn from these events to avoid repeating the same mistakes in the cryptocurrency era. There are some basic principles would-be buyers should bear in mind.

    To navigate the risks associated with meme coins and cryptocurrencies, consumers should find out more about the technology and become more aware of the trends and performance of the coins. Managing expectations is crucial; speculative investments are unpredictable and the hype can die away quickly. Diversifying investments rather than concentrating all funds in one asset or market can spread risk and provide greater financial stability.

    Education is equally important – taking the time to read the fine print on investment opportunities, such as Trump’s coin disclaimer that it is not an investment vehicle, is essential to understanding the true nature of these assets.

    Trump’s venture into meme coins is the latest in a long history of speculative financial trends, and he will probably not be the last to capitalise on this craze.

    But until regulatory frameworks catch up, consumers should tread carefully, ensuring that their pursuit of profits does not come at the expense of their financial security.

    Emmanuel Mogaji does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The Trumps want you to buy their meme coins, but history should make us cautious about the hype – https://theconversation.com/the-trumps-want-you-to-buy-their-meme-coins-but-history-should-make-us-cautious-about-the-hype-248057

    MIL OSI – Global Reports –