Blog

  • MIL-OSI USA: Manchin Announces $50 Million for West Virginia Power Grid Updates

    US Senate News:

    Source: United States Senator for West Virginia Joe Manchin
    October 18, 2024
    Charleston, WV- Today, Senator Joe Manchin (I-WV), Chairman of the Senate Committee on Energy and Natural Resources, announced that First Energy will receive a $50 million award from the Department of Energy’s (DOE) Grid Resilience and Innovation Partnerships (GRIP) Program to increase the reliability of electric power in West Virginia and surrounding states. The funding was provided by Chairman Manchin’s Bipartisan Infrastructure Law and is the third award from this program directly benefiting West Virginia.
    “Modernizing our state’s power grid is critical to ensuring the Mountain State has energy it needs,” said Chairman Manchin. “Thanks to my Bipartisan Infrastructure Law, we are building a more reliable power grid to lower electric bills and improve the lives of West Virginians while also creating good paying jobs.”
    Other GRIP Program Awards secured by Chairman Manchin for West Virginia:
    To learn more about the Bipartisan Infrastructure Law, click here.
    To learn more about the GRIP Program, click here.
    To learn more about the selected project, click here.

    MIL OSI USA News

  • MIL-OSI USA: Rep. Mike Levin, San Diego Congressional Delegation Call for Federal Support for South Bay Air Quality Monitoring

    Source: United States House of Representatives – Representative Mike Levin (CA-49)

    October 18, 2024

    WASHINGTON – U.S. Representatives Mike Levin (CA-49), Juan Vargas (CA-52)Sara Jacobs (CA-51), and Scott Peters (CA-50) called on the U.S. Environmental Protection Agency (EPA) to provide support to the San Diego County Air Pollution Control District (APCD) as they work to monitor the air quality in communities impacted by Tijuana River Valley pollution.

    This summer, South Bay communities were overwhelmed by strong sewage odors from the Tijuana River Valley, and hydrogen sulfide was detected in higher-than-normal amounts for short periods of time. Because exposure to hydrogen sulfide can cause adverse health effects like headaches and difficulty breathing, it is important that our communities have access to continuous and robust air quality monitoring that will give public health officials the information they need to help keep people safe.

    “In the past year, researchers discovered that toxins and bacteria from the Tijuana River can be aerosolized and become airborne– unveiling an apparent threat not only to our water ecosystems, but the air in our communities. A recent heat wave in the region intensified the odors, and led constituents to report that the fumes have caused them to wake up in the middle of the night,” wrote the lawmakers. 

    “The [APCD] needs additional resources to ensure that they can properly measure and respond to the reported increase of noxious fumes,” the lawmakers continued. “That is why we are requesting that the EPA deploy whatever available federal resources to assist the San Diego County APCD with establishing a network of reference-grade monitoring equipment that can provide precise and real-time data.”

    Read the full letter HERE.

    The San Diego Congressional delegation has been focused on combating pollution in the Tijuana River Valley for years. 

    Together, the San Diego Congressional delegation has secured $400 million in federal funding which will be used to help improve and expand the South Bay International Wastewater Treatment Plant. Construction on the plant will begin soon. 

    In May, the Congressional delegation called on the Centers for Disease Control and Prevention (CDC) to look into the contaminants in the water, soil, and air in our communities and the potential connection to reported increases in illnesses and other symptoms. Thanks to their request, the CDC has begun an investigation into the public health impacts of the Tijuana River Valley sewage pollution.

    Earlier this year, the San Diego Congressional delegation reiterated their call to the President to declare a federal state of emergency to help address the pollution. 

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    MIL OSI USA News

  • MIL-OSI United Kingdom: UK infrastructure companies visit Costa Rica to explore opportunities

    Source: United Kingdom – Executive Government & Departments

    British Embassy officials facilitated meetings with key stakeholders in the infrastructure sector.

    Representatives of five British companies travelled to Costa Rica this week to participate in an infrastructure mission focused on identifying business opportunities and generating strategic alliances with potential partners in Costa Rica.

    Representatives from Arup, Bechtel, QGMI, Steer Group and WSP, world-renowned for their expertise in engineering, construction, mobility solutions, and design and implementation of infrastructure projects, among other services, held meetings with Congresswoman Carolina Delgado, Secretary of the Infrastructure Commission of the Legislative Assembly, and with officials from the National Concessions Council (CNC), the Ministry of Public Works and Transport (MOPT) and the firm Arias Law.

    They also spoke with officials from institutions like the Ministry of National Planning and Economic Policy (MIDEPLAN), the Costa Rican Electricity Institute (ICE) and the Ministry of Foreign Trade (COMEX) at a reception at the Residence of the British Ambassador, Ben Lyster-Binns.

    At these meetings, the British companies explored opportunities to strengthen their presence in the country, learning more about Costa Rica’s aspirations to update and expand infrastructure projects at the highest international standards.

    Ambassador Ben Lyster-Binns noted:

    The companies that visited us this week are among the leaders in their respective fields and represent the best of what the UK has to offer in the infrastructure sector, from urban planning to sustainable transport projects to designing future-proof cities.

    They are also committed to implementing innovative solutions that support the UK Government’s clean growth agenda.

    The topic of public-private partnerships (PPPs) was of particular interest, since, according to the Embassy’s Director for Business and Trade, Camila Toscana:

    this model provides an opportunity to develop infrastructure projects that are of key importance for Costa Rica’s sustainable growth and to improve the quality of life of the citizens.

    Many of the companies that took part in the mission have offices in the Latin American region, so their interest in the Costa Rican market represents a natural step in expanding their regional presence, offering quality solutions that comply with international best practices.

    The delegation finalized the mission meeting with representatives of CoST, the Infrastructure Transparency Initiative, financed by the UK Government, which promotes transparency and accountability in public infrastructure projects.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom

  • MIL-OSI USA: Anderson Man Arrested on Child Sexual Abuse Material* ChargeRead More

    Source: US State of South Carolina

    (COLUMBIA, S.C.) – South Carolina Attorney General Alan Wilson announced the arrest of George Charles Lapierre, Jr.,  40, of Anderson, S.C., on one charge connected to the sexual exploitation of a minor. Internet Crimes Against Children (ICAC) Task Force investigators with the Anderson Police Department made the arrest. Investigators with the Attorney General’s Office, and Anderson County Sheriff’s Office, both also members of the state’s ICAC Task Force, assisted with the investigation.

     

    Investigators received a CyberTipline report from the National Center for Missing and Exploited Children (NCMEC) which led them to Lapierre.  Investigators state Lapierre distributed files of child sexual abuse material.  

     

    Lapierre was arrested on October 15, 2024. He is charged with one count of sexual exploitation of a minor, second degree (§16-15-405), a felony offense punishable by up to 10 years imprisonment.

     

     

    This case will be prosecuted by the Attorney General’s Office.

     

    Attorney General Wilson stressed all defendants are presumed innocent unless and until they are proven guilty in a court of law.

     

     

     

    * Child sexual abuse material, or CSAM, is a more accurate reflection of the material involved in these heinous and abusive crimes. “Pornography” can imply the child was a consenting participant.  Globally, the term child pornography is being replaced by CSAM for this reason.

    MIL OSI USA News

  • MIL-OSI USA: First Lady Cathy Justice, WV Dept. of Arts, Culture and History invite artists to create wreath-themed ornaments for the 2024 Artistree

    Source: US State of West Virginia

    CHARLESTON, WV — First Lady Cathy Justice and the West Virginia Department of Arts, Culture and History invite West Virginians of all ages, including artists of all disciplines, to create and submit hand-crafted wreath-themed ornaments to be displayed on a Christmas tree at the West Virginia Culture Center this December. This holiday season will be the 13th season of the First Lady Artistree initiative.

    “We are thrilled to invite West Virginians of all ages and artistic abilities to share their creativity by designing a special Christmas wreath ornament,” First Lady Justice said. “This is a wonderful opportunity to celebrate the unique talent found in every corner of our state while spreading the joy and spirit of the holiday season. I can’t wait to see the beautiful and imaginative wreaths that our artists will create.”

    Ornaments must be hand-crafted and suitable for hanging on a tree. Size and weight should be taken into consideration. Ornaments should be no larger than 6 inches wide by 6 inches long.
     

    MIL OSI USA News

  • MIL-OSI Europe: Press release – European Parliament and European Commission agree on strengthening cooperation

    Source: European Parliament 3

    Joint Statement by European Parliament President Metsola and European Commission President von der Leyen on the revision of the Interinstitutional Framework Agreement

    Today we have agreed on a set of new principles that will strengthen the cooperation between the European Parliament and the European Commission. The revision of the Interinstitutional Framework Agreement will reinforce relations between our Institutions, ensure greater transparency and better dialogue. It will help our institutions to work seamlessly and deliver for our citizens. Following our political agreement, work at technical level will start immediately.

    ANNEX

    Political principles agreed between the President of the European Parliament and the President of the European Commission that would form the basis of a revision of the 2010 Framework Agreement on relations between the European Parliament and the European Commission.

    1. The principle of equal treatment of the Parliament and the Council and the role of the Commission as an honest broker, especially through ensuring the flow of comprehensive, timely and detailed information to Parliament.
    2. The strengthening of the political responsibility of the Commission by ensuring the presence of Commissioners in Parliament (plenary, committees).
    3. The commitment to provide comprehensive justification and information on the exceptional cases where the proposals by the Commission are based on Article 122 TFEU.
    4. Commitment to define a clear mechanism for the use of the urgent/fast- track decision-making.
    5. Commission commits to further strengthening interinstitutional cooperation on budgetary matters; and is ready to put forward, as part of the next MFF, a proposal for a new Interinstitutional Agreement. The exact content of this agreement will need to be agreed by the three institutions.
    6. Commitment to explore how to improve the information flow regarding international agreements and, within its competences, CFSP/CSDP.
    7. Predictable process to consult Commission on amendments to Parliament Rules of Procedure affecting the Commission’s rights and prerogatives.
    8. The strengthening of Parliament’s right of initiative under Article 225 TFEU by enhancing the follow-up by the Commission to corresponding resolutions.

    MIL OSI Europe News

  • MIL-OSI USA: Congressman Mfume, Team Maryland Announce More Than $38 Million for Critical Transportation & Port Infrastructure Projects in Baltimore

    Source: United States House of Representatives – Congressman Kweisi Mfume (MD-07)

    WASHINGTON, D.C. – U.S. Congressman Congressman Kweisi Mfume, Senators Ben Cardin and Chris Van Hollen, Governor Wes Moore (all D-Md.), and Maryland Transportation Secretary Paul J. Wiedefeldtoday announced $38,406,076 in U.S. Department of Transportation awards to rehabilitate the Dundalk Marine Terminal and the Curtis Creek Drawbridge. This investment will improve vital infrastructure at and around the Port of Baltimore, which is critical to Maryland’s economy.

    “This monumental federal investment is a transformative display of the continued unity among us in Team Maryland to deliver for all of those who have been personally affected by the collapse of the Francis Scott Key Bridge and continue to navigate the recovery alongside us. After speaking with so many of those impacted, I was and remain inspired by their grit, fierceness, and commitment to getting through this disaster together,” said Congressman Kweisi Mfume.

    “With these grants, the federal government is recognizing that Baltimore is home to nationally significant supply chain infrastructure that is overdue for investment and improvement. We are seeing once again how the Biden-Harris Administration’s historic Infrastructure Investment and Jobs Act is delivering for Maryland, and we will continue to push for federal commitments to our infrastructure, including the rebuilding of the Francis Scott Key Bridge,” said Senator Cardin. 

    “Through the Infrastructure Investment and Jobs Act, we continue to deliver historic resources to upgrade everything from our transportation network to the Port of Baltimore. With these major federal investments, we are priming the Port for future growth – while sustaining the thousands of jobs it already supports – and modernizing an essential bridge for commuting and commerce. These efforts will help drive Baltimore’s economic success and create more good paying jobs for Marylanders,” said Senator Van Hollen.

    “These two projects reinforce the Moore-Miller Administration’s commitment to making Maryland more competitive by investing in our critical infrastructure, including our world-class Port of Baltimore,” said Governor Moore. “We are grateful for the partnership from the Biden-Harris Administration, the U.S. Department of Transportation and our Congressional delegation in supporting projects that will serve all Marylanders and help expand our growing economy.”

    “Together, these federal grants will support increased economic growth at the Port of Baltimore and the greater Baltimore region,” said Secretary Wiedefeld. “The funding will support critical rehabilitation efforts at the Dundalk Martine Terminal, the largest publicly owned terminal in the Port, and the Curtis Creek Drawbridge on I-695.  Thank you to our federal delegation and partners for their continued commitment in rebuilding Baltimore’s infrastructure better than before.”

    “Thanks to the Bipartisan Infrastructure Law, the Biden-Harris administration is carrying out ambitious, complex transportation projects that will shape our country’s infrastructure for generations to come,” said U.S. Transportation Secretary Pete Buttigieg. “With this latest round of awards, dozens of major and much-needed projects – projects that are often difficult to fund through other means – are getting the long-awaited investment they need to move forward.”

    The funding was awarded by the U.S. Department of Transportation’s Infrastructure for Rebuilding America Grant Program (INFRA), which has administered historic levels of federal investments through the Infrastructure Investment and Jobs Act.

    1. $30,906,076, Dundalk Marine Terminal: Awarded to the Maryland Port Administration to reconstruct Berth 11, consisting of the rehabilitation and replacement of 597 linear feet of wharf deck including pilings, substructure, storm water drainage, utilities, and installation of new mooring bollards, cleats, pneumatic fenders, flood barriers, and tidal gates.

    1. $7,500,000, Curtis Creek Drawbridge Rehabilitation: Awarded to the Maryland Transportation Authority to rehabilitate parallel drawbridges over Curtis Creek on I-695. The project will replace portions of the reinforced concrete deck, perform repairs to the exposed steel superstructure and existing catwalks, remove and replace bridge parapets, traffic lights, and low-level lights, and install new electrical service systems, drainage systems, and pavement markings.

    The Infrastructure for Rebuilding America Grant Program provides funding for multimodal freight and highway projects of national or regional significance to improve the safety, efficiency, and reliability of the movement of freight and people in and across rural and urban areas. 

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    MIL OSI USA News

  • MIL-OSI Security: FBI Seeks Information on Fatal Shooting of Carlos Honable in Stockton, California

    Source: Federal Bureau of Investigation (FBI) State Crime News

    SACRAMENTO—The FBI is seeking information leading to the identification, arrest, and conviction of those responsible for the homicide of Carlos Honable, who was fatally shot on July 5, 2024.

    A ‘Seeking Information’ poster, which contains images of the suspect vehicle and a sketch of one of the vehicle’s occupants, is below. These visuals, products of the collaborative investigation with the Stockton Police Department, are intended to aid in solving this homicide and seeking justice for the victim.

    On July 5, 2024, at approximately 5:30 p.m., officers with the Stockton Police Department responded to a report of a person shot on the 3800 block of Fairburn Way. The investigation revealed that a 31-year-old male victim was sitting inside his parked vehicle when the suspect vehicle, a gray Toyota Camry (2018 model or newer), pulled up next to him. Occupants of the vehicle fired at the victim, striking him numerous times, before fleeing the scene. The victim, Carlos Honable, was transported to a local hospital but succumbed to his injuries.

    Investigators produced a sketch of one of the vehicle’s occupants based on the information gathered during the investigation. The individual is described as a young Black male, approximately 5’6″, with a thin build, weighing between 120 and 140 pounds. He was reportedly wearing a gray hooded sweatshirt and dark-colored jeans at the time of the incident. He is considered armed and dangerous.

    If you have any information about this homicide and/or the occupants of the Toyota Camry, please contact the FBI Sacramento Field Office by calling 916-746-7000. You may also submit information online at tips.fbi.gov. You may remain anonymous.

    Link to FBI’s Most Wanted Release: FBI Seeks Information on Fatal Shooting of Carlos Honable in Stockton, California

    MIL Security OSI

  • MIL-OSI Africa: UN Secretary-General’s remarks at the inauguration of the renovated Africa Hall

    Source: United Nations – English

    ear Prime Minister Abiy, dear Chairperson Moussa Faki, dear friends and colleagues,

    It is an enormous pleasure to join all of you for this moment of history – in this house of history. 

    I thank all our partners – particularly the Government of Ethiopia, along with our own United Nations Economic Commission for Africa for the tremendous work.

    This hall is where Africa came together to give life to the Organization of African Unity, now the African Union. 

    Times were very different. 

    In 1961, when this Hall was inaugurated by Emperor Haile Selassie, only 26 African nations had achieved independence – many of them just months before.

    Today, Africa is a transformed continent.

    And to my mind, this renewed building symbolizes renewed hope and unity for Africa.

    This Hall is a bridge between Africa’s past and future – honouring shared struggles and achievements, while embracing common aspirations.  It is ubuntu.

    A state of the art 21st century facility that preserves the grandeur and history of this great continent.

    I also see it as an invitation for everyone to cooperate in pursuit of a better future, for Africa and for the world.

    Dear friends,

    As we celebrate this new beginning, we must also acknowledge the challenges ahead of us.

    Africa is a continent of hope. 

    But it faces challenges that are deeply rooted in history and are exacerbated by climate change, conflict and persistent poverty.

    And African women often bear the brunt of these hardships.

    Addressing these issues requires resolute action and renewed solidarity.

    Our global institutions were built at a time when most of Africa was under colonial rule.  

    But unlike this Hall with its 21st century innovations, many of these global institutions are stuck in those times, unable to respond to the aspirations and rights of the African people.

    Africa still has no permanent seat at the Security Council. And let’s hope it will be corrected soon.

    And international financial institutions often cannot provide African countries with the response they need – whether it is protection from strangling debt or from climate catastrophe they did not cause.

    We can only move forward if we also renew and update global institutions – by making them more effective, fair and inclusive.

    Last month, world leaders adopted the Pact for the Future, the Global Digital Compact and the Declaration on Future Generations.

    The Pact recognizes the need to reform the Security Council to make it representative, transparent, efficient, democratic and accountable.

    It also calls for groundbreaking reforms of the international financial architecture – including to massively scale-up affordable development and climate finance.

    And the Global Digital Compact includes the first truly universal agreement on the governance of Artificial Intelligence – giving every country a seat at the table, while supporting partnerships to bridge the digital divide and build AI capacity in developing countries and namely in Africa.

    We must now move forward together in implementing these historic agreements without delay.

    And we must include young people at every step of the way.

    Dear friends,

    For more than sixty years, the Africa Hall has been a symbol of the continent’s collective aspirations, a testament to its resilience, and a beacon of hope for entire generations.

    Today, as we step into this renewed space, let us also renew our pledge to work for the people of Africa and the world we need.

    May the debates and discussions here continue to lead towards greater peace, unity and prosperity for all on the African continent.

    And I thank you.

    MIL OSI Africa

  • MIL-OSI Security: Avon, New York, Police Trainee Charged with Attempted Kidnapping, Cyberstalking, and Multiple Child Pornography Charges

    Source: Federal Bureau of Investigation (FBI) State Crime News

    ROCHESTER, N.Y.-U.S. Attorney Trini E. Ross announced today that Casey Medina, 33, of Rochester, NY, was charged by criminal complaint with attempted kidnapping, distribution, receipt, and possession of child pornography, cyberstalking, and aiding and abetting. The charges carry a minimum penalty of five years in prison and a maximum of 20 years.

    Assistant U.S. Attorney Katelyn M. Hartford, who is handling the case, stated that in May 2024, the Onondaga County, NY, Sheriff’s Office was contacted by a 31-year-old female (victim), who reported that she had been receiving text messages from unknown numbers that included photographs depicting her face superimposed on various pornographic images made to appear as if she had been engaging in sexual acts. In addition, the victim reported being threatened by the unknown numbers, including being kidnapped, raped, sexually abused and/or killed. In August 2024, the victim indicated to investigators that the text messages in May occurred over the course of approximately 26 days, and, after short break, continued sporadically through June and July 2024. The victim stated that the messages were becoming very concerning, and she had no idea who they were coming from.

    Also in August 2024, law enforcement received a tip from an individual that he had communicated with another individual with username “crcdal” via social media. The other individual, later identified as Medina, was looking for someone to help to harass the victim. Medina provided the individual with the victim’s personal information, including her place of employment, home address, personal cell phone number, and a variety of photos. The individual provided law enforcement with several screenshots of communications with Medina, which included discussions of abducting, drugging, and raping the victim. An undercover law enforcement officer then began communicating with Media online, during which they also discussed abducting, drugging, and raping the victim.

    On August 22, 2024, Medina was an Avon Police Department trainee, and was arrested by the Onondaga County Sheriff’s Office at the Rural Police Training Academy in Livingston County on multiple state charges. Investigators executed a search warrant on Medina’s cell phone and recovered the communications discussing the abduction, drugging, and raping of the victim as well as images and videos of child pornography that Medina shared online.

    The complaint is the culmination of an investigation by the Onondaga County, NY, Sheriff’s Office, under the direction of Sheriff Tobias Shelley, and the Federal Bureau of Investigation, under the direction of Special Agent-in-Charge Matthew Miraglia.          

    The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.

    # # # #

    MIL Security OSI

  • MIL-OSI Security: Lancaster Man Sentenced for COVID Relief Fraud

    Source: Federal Bureau of Investigation (FBI) State Crime News

    BUFFALO, NY – U.S. Attorney Trini E. Ross announced today that Larry Jordan, 45, of Lancaster, NY, who was convicted of conspiracy to commit bank fraud and wire fraud for his participation in a scheme to file fraudulent loan applications seeking forgivable Paycheck Protection Program (PPP) loans, was sentenced to serve 18 months in prison by U.S. District Judge John L. Sinatra, Jr. Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division, joined the announcement.

    According to court documents, between April and September 2020, Jordan and his brother Sutukh El a/k/a Curtis Jordan a/k/a Hugo Hurt a/k/a Hugo Hermes Hurtington, conspired to submit eight fraudulent PPP loan applications on behalf of companies they owned or controlled. Three of the applications were submitted to Evolve Bank & Trust and the other five were submitted to Lendio, a financial technology company based in Utah. The applications contained false statements about the 2019 payroll expenses of each company, which were used to calculate the amount of PPP funds to which the applicant-companies would be entitled. To corroborate the applications, Jordan and El submitted IRS forms, which had never been filed with the IRS, as well as fraudulent payroll registers that purported to identify the names, personal information, and salary of the employees identified on the PPP applications.

    For example, a PPP loan application was submitted on behalf of 5 Stems Inc to Evolve. The application represented that in 2019, 5 Stems Inc had 194 employees and an average monthly payroll of $242,133.33. In truth, 5 Stems Inc had nine employees in 2019 and paid those employees a total of approximately $57,380 for all of 2019. Evolve approved the application and funded a $605,200 loan. The money was deposited into an account controlled by defendant El. Some of the money was used for the defendants’ own investments, as well as personal expenses and home improvements.

    Sutukh El was previously convicted and is awaiting sentencing.

    This case was investigated by the Federal Deposit Insurance Corporation’s Office of Inspector General, the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection’s Office of the Inspector General, the Federal Housing Finance Agency’s Office of the Inspector General, the Federal Bureau of Investigation, and the Small Business Administration’s Office of Inspector General. Assistant U.S. Attorneys Charles Kruly and Grace Carducci for the Western District of New York and Trial Attorneys Ariel Glasner and Della Sentilles of the Criminal Division’s Fraud Section are prosecuting the case.

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    # # # #

     

    MIL Security OSI

  • MIL-OSI China: Chinese peacekeepers to Lebanon to further strengthen security defense capability: Defense Spokesperson 2024-10-15 China is seriously concerned and strongly condemns the Israeli military’s attack on the United Nations Interim Force In Lebanon (UNIFIL), said Chinese Defense Spokesperson Senior Colonel Wu Qian at a press briefing on Tuesday.

    Source: People’s Republic of China – Ministry of National Defense 2

      Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

      BEIJING, Oct. 15 — China is seriously concerned and strongly condemns the Israeli military’s attack on the United Nations Interim Force In Lebanon (UNIFIL), said Chinese Defense Spokesperson Senior Colonel Wu Qian at a press briefing on Tuesday.

      “The UNIFIL carries out its peacekeeping mission in accordance with the mandate of the UN Security Council resolution. China firmly opposes any attack on UN peacekeepers,” said the spokesperson when asked to comment on the recent attack launched by the Israel Defense Force on the UNIFIL.

      “We require a thorough investigation on the incident, and demand that those involved be held accountable. We urge relevant parties to take real actions to prevent such incident from happening again,” said the spokesperson, adding that the parties involved in the conflict must ensure the safety of the personnel and assets of the UNIFIL.

      “The Chinese peacekeeping troops to Lebanon are safe now. China is closely monitoring the security situation in Lebanon, and will take measures to further strengthen the Chinese peacekeeping troops’ security defense capability,” said the spokesperson.

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    MIL OSI China News

  • MIL-OSI: Volta Finance Limited – Net Asset Value(s) as at 30 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Volta Finance Limited (VTA / VTAS)
    September 2024 monthly report

    NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES

    Guernsey, October 21st, 2024

    AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for September 2024. The full report is attached to this release and will be available on Volta’s website shortly (http://www.voltafinance.com).

    Performance and Portfolio Activity

    Dear investors,

    Volta Finance recorded a net performance of +2.3% in September bringing the year-to-date return to +13.5%. This positive performance is built on the strong performance of its CLO equity investments through the month, Volta being almost fully invested in CLO Equity and debt tranches.

    Markets found some momentum in September on the back of a rather constructive macro backdrop. In Europe, inflation headline numbers dropped to 1.8% YoY and were below the 2% target for the first time in almost three years. Core inflation also came in lower and beat estimates with 2.7% YoY, opening the door for further cut rates possibly as early as October. In the US, the Fed implemented a 50bp rate cut by mid-month while the US flash PMIs showed economic resilience at 54.4 (vs. 54.3 expected).

    Credit markets were relatively stable despite some volatility intra-month, High Yield indices in Europe (Xover) were marginally wider following the index’s roll in the +315bps context while the US CDX High-Yield one settled at c. +330bps (+8bps MoM). On the Loan side, Euro Loans closed 25 cents down at c. 97.60px (Morningstar European Leveraged Loan Index), their US counterparts were trading flat at 96.70px.

    Primary CLO markets remained extremely busy once again, we recorded circa USD 42bn of issuance in the US and EUR 7bn in Europe. Spreads moved sideways across the capital structure with AAAs pricing +130bps context and non-Investment Grade BB-rated tranches at +600bps in Europe (inside +550 for top tier US bonds).

    Looking at fundamentals, both US and European default rates were roughly unchanged at 0.80% while the proportion of CCC-rated Loans within CLO collateral portfolios was slightly lower at 5.4% in US CLOs and slightly higher at 3.7% in Europe, while Loan repayment rates were stable at 26% in the US (-2% YoY growth rate of the Loan market) and 14% in Europe (+6% YoY growth). .

    Volta Finance’s activity over the month was focused on CLO Equity. $7mm of USCLO Equity were purchased as well as tickets of c. €1.4m in a Reset and €2.0mm in Secondary. Also, 2 transactions in which Volta is invested were reset through the month generating mark-to-market gains for Volta in addition to the strong distribution generated by the closing of one European CLO warehouse.

    CLO debt investments performed in excess of their carry, driven by some spread compression. Overall, the cashflow generation over the last 6 months remained strong at c.€30m equivalent of interests and coupons, representing c.23% of the month’s NAV on an annualized basis.

    Volta’s underlying sub asset classes monthly performances** were as follow: +1.1% for Bank Balance Sheet transactions, +4.1% for CLO Equity tranches, +1.4% for CLO Debt tranches and 0.0% for Cash Corporate Credit & ABS***, cash representing c.4% of NAV. The fund being c.26% exposed to USD, the depreciation of USD vs EUR had a negative impact of -0.2% on the overall performance.

    As of end of September 2024, Volta’s NAV was €261.9m, i.e. €7.16 per share.

    *It should be noted that approximately 0.44% of Volta’s GAV comprises investments for which the relevant NAVs as at the month-end date are normally available only after Volta’s NAV has already been published. Volta’s policy is to publish its NAV on as timely a basis as possible to provide shareholders with Volta’s appropriately up-to-date NAV information. Consequently, such investments are valued using the most recently available NAV for each fund or quoted price for such subordinated notes. The most recently available fund NAV or quoted price was 0.24% as at 31 August 2024, 0.20% as at 31 July 2024.

    ** “performances” of asset classes are calculated as the Dietz-performance of the assets in each bucket, taking into account the Mark-to-Market of the assets at period ends, payments received from the assets over the period, and ignoring changes in cross-currency rates. Nevertheless, some residual currency effects could impact the aggregate value of the portfolio when aggregating each bucket.
    *** The cash Corporate Credit and ABS bucket is currently made of 3 legacy assets representing 0.6% of GAV.

    CONTACTS

    For the Investment Manager
    AXA Investment Managers Paris
    François Touati
    francois.touati@axa-im.com
    +33 (0) 1 44 45 80 22

    Olivier Pons
    Olivier.pons@axa-im.com
    +33 (0) 1 44 45 87 30

    Company Secretary and Administrator
    BNP Paribas S.A, Guernsey Branch
    guernsey.bp2s.volta.cosec@bnpparibas.com 
    +44 (0) 1481 750 853

    Corporate Broker
    Cavendish Securities plc
    Andrew Worne
    Daniel Balabanoff
    +44 (0) 20 7397 8900

    *****
    ABOUT VOLTA FINANCE LIMITED

    Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange’s Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.

    Volta’s Investment objectives are to preserve its capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. The Company currently seeks to achieve its investment objectives by pursuing exposure predominantly to CLO’s and similar asset classes. A more diversified investment strategy across structured finance assets may be pursued opportunistically. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.

    *****

    ABOUT AXA INVESTMENT MANAGERS
    AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with 2,700 professionals and €844 billion in assets under management as of the end of December 2023.  

    *****

    This press release is published by AXA Investment Managers Paris (“AXA IM”), in its capacity as alternative investment fund manager (within the meaning of Directive 2011/61/EU, the “AIFM Directive”) of Volta Finance Limited (the “Volta Finance”) whose portfolio is managed by AXA IM.

    This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This document is not an offer for sale of the securities referred to herein in the United States or to persons who are “U.S. persons” for purposes of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or otherwise in circumstances where such offer would be restricted by applicable law. Such securities may not be sold in the United States absent registration or an exemption from registration from the Securities Act. Volta Finance does not intend to register any portion of the offer of such securities in the United States or to conduct a public offering of such securities in the United States.

    *****

    This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). The securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Past performance cannot be relied on as a guide to future performance.

    *****
    This press release contains statements that are, or may deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “anticipated”, “expects”, “intends”, “is/are expected”, “may”, “will” or “should”. They include the statements regarding the level of the dividend, the current market context and its impact on the long-term return of Volta Finance’s investments. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. Volta Finance’s actual results, portfolio composition and performance may differ materially from the impression created by the forward-looking statements. AXA IM does not undertake any obligation to publicly update or revise forward-looking statements.

    Any target information is based on certain assumptions as to future events which may not prove to be realised. Due to the uncertainty surrounding these future events, the targets are not intended to be and should not be regarded as profits or earnings or any other type of forecasts. There can be no assurance that any of these targets will be achieved. In addition, no assurance can be given that the investment objective will be achieved.

    The figures provided that relate to past months or years and past performance cannot be relied on as a guide to future performance or construed as a reliable indicator as to future performance. Throughout this review, the citation of specific trades or strategies is intended to illustrate some of the investment methodologies and philosophies of Volta Finance, as implemented by AXA IM. The historical success or AXA IM’s belief in the future success, of any of these trades or strategies is not indicative of, and has no bearing on, future results.

    The valuation of financial assets can vary significantly from the prices that the AXA IM could obtain if it sought to liquidate the positions on behalf of the Volta Finance due to market conditions and general economic environment. Such valuations do not constitute a fairness or similar opinion and should not be regarded as such.

    Editor: AXA INVESTMENT MANAGERS PARIS, a company incorporated under the laws of France, having its registered office located at Tour Majunga, 6, Place de la Pyramide – 92800 Puteaux. AXA IMP is authorized by the Autorité des Marchés Financiers under registration number GP92008 as an alternative investment fund manager within the meaning of the AIFM Directive.

    *****

    Attachment

    The MIL Network

  • MIL-OSI: The Riverside Company Signs Definitive Agreement to Sell Its PFB Insulation Products Business to Carlisle Companies

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, Oct. 21, 2024 (GLOBE NEWSWIRE) — The Riverside Company, a global investment firm focused on the smaller end of the middle market, together with its portfolio company PFB Corporation (PFB), is pleased to announce the firm has signed a definitive agreement to sell PFB’s Plasti-Fab and Insulspan business units to Carlisle Companies Incorporated (NYSE: CSL). The sale price for the business is approximately USD $260 million, and the transaction is expected to close in Q4 2024.

    Headquartered in Calgary, Alberta, PFB is a leading vertically integrated provider of Expanded Polystyrene (EPS)-based insulation products throughout North America. PFB’s Plasti-Fab division operates eight manufacturing facilities in Canada and three locations in the Midwestern U.S. and provides a full suite of EPS building materials and insulation products, including roofing and wall panels, insulated concrete forms and geofoam blocks for infrastructure applications. The Insulspan business unit designs and manufactures Structural Insulated Panels (SIPs) that lower construction costs and improve energy efficiency for residential and commercial buildings. The company sells its products into the reseller, distributor, contractor, builder and infrastructure channels. Following the sale, PFB will retain and continue to operate its PFB Custom Homes Group subsidiary.

    Since taking PFB private in December 2021, Riverside worked closely with the PFB leadership team to expand distribution and invest in automation and increased manufacturing capacity. With these initiatives, PFB’s earnings more than doubled during Riverside’s investment period, and the enterprise value of the business tripled.

    Robert Graham, PFB CEO, said, “We greatly appreciate Riverside’s support and partnership as we’ve executed our strategic growth plan over the past three years. We’re also incredibly proud of the hard work and commitment to excellence demonstrated by the entire PFB team in reaching this milestone. Our insulation products business fits very well strategically with Carlisle, and we are thrilled to join the Carlisle Companies to contribute to their continued growth.”

    Sean Ozbolt, Riverside Managing Partner, added, “It has been extremely rewarding to partner with Rob and the PFB team. On behalf of our investors, we’re grateful for the vision and strong execution by PFB’s leadership.” PFB was the first Riverside company to partner with Ownership Works, a non-profit organization committed to facilitating broad-based employee ownership across private equity portfolio companies.

    Houlihan Lokey acted as financial advisor to PFB and Paul Hastings and Blakes acted as legal counsel in connection with the transaction.

    The Riverside Company
    The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and structured capital portfolios include more than 140 companies. For more information, visit http://www.riversidecompany.com

    Contact:
    Holly Mueller                                                               
    Marketing Consultant                                                       
    The Riverside Company                                               
    216 535 2236                                                
    hmueller@riversidecompany.com

    The MIL Network

  • MIL-OSI: Bitget Announces the Listing of Scroll (SCR) in the Innovation, Zk and Layer2 Zone

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 21, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of Scroll (SCR) in its Innovation, Zk and Layer2 Zone. This listing will now make SCR tokens available on spot. Deposits are currently open, and trading will be available starting on October 22, 2024, at 08:00 (UTC), following the conclusion of pre-market trading that began in September. The available trading pairs include SCR/USDT and SCR/EUR.

    Scroll is a security-focused scaling solution for Ethereum, using innovations in scaling design and zero knowledge proofs to build a new layer on Ethereum. Scroll presents a solution for developers seeking to leverage the security and decentralization of Ethereum without the limitations of its base layer. With its focus on scalability, affordability, and developer experience, Scroll contributes to the growth and evolution of blockchain technology.

    The SCR token plays a crucial role in Scroll’s ecosystem, marking a key milestone toward the platform’s decentralization. With a total supply of 1 billion tokens, SCR supports governance, proof generation, and sequencing within the Scroll ecosystem.

    Bitget previously listed the SCR token in its Pre-market on September 20, enabling users to make early investments before the coin is listed on major exchanges. Currently, SCR is trading at 1.42 USDT in the Bitget Pre-market, with total trading volume approaching 2 million USDT. The SCR Pre-market will close prior to the launch of spot trading on Bitget, with deliveries occurring a few hours afterwards.

    To celebrate the Scroll’s listing, Bitget is launching a special 7-day promotion. During this limited-time offer, users can purchase SCR using credit or debit cards with 0% fees. This promotion covers over 140 currencies, including EUR, GBP, AUD, TWD, UZS, UAH, TRY, THB, BRL, PLN, IDR, PHP, CAD, and more.

    This listing is part of Bitget’s broader strategy to expand beyond derivatives and include a diverse range of coins, granting exceptional access to different digital assets within the industry. The platform’s Innovation Zones have been pivotal in offering users early access to emerging tokens, enhancing their exposure in the cryptospace. The inclusion of SCR in Bitget’s innovation zone makes it easier for users to dive into the initial launch phases of the token including more upcoming crypto projects.

    In 2024, Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in a variety of projects, the platform is now one of the top 10 crypto spot trading platforms with over 800 coins and over 900 pairs, including tokens from ecosystems such as TON, Ethereum, Solana, Base and more.

    For more information on SCR tokens, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading, AI bot and other trading solutions. Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including being the Official Crypto Partner of the World’s Top Professional Football League, LALIGA, in EASTERN, SEA and LATAM, as well as a global partner of Olympic Athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

    For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

    Contact

    PR team

    media@bitget.com

    The MIL Network

  • MIL-OSI USA: Schakowsky, Warren, Welch Push to Increase Funding for Medical Research, Require Law-Breaking Drug Companies to Reinvest in NIH and FDA

    Source: United States House of Representatives – Congresswoman Jan Schakowsky (9th District of Illinois)

    Bill applies to pharmaceutical companies who are found guilty or are accused of breaking the law and settle with the federal government.

    Full Text of Bill (PDF) | One Pager (PDF)

    EVANSTON – U.S. Representative Jan Schakowsky (IL-09), along with U.S. Senators Elizabeth Warren (D-MA) and Peter Welch (D-VT) introduced the Medical Innovation Act of 2024 to increase funding for medical innovation by requiring large pharmaceutical companies that are accused of breaking the law and settle with the federal government to reinvest a percentage of their profits into the National Institutes of Health (NIH) and the U.S. Food and Drug Administration (FDA).

    In 2023, the NIH only had funds for 23% of the applications it received, contributing to a huge medical innovation gap. At the same time, pharmaceutical companies have been accused of defrauding Medicare and Medicaid, marketing drugs for unapproved uses, illegally incentivizing doctors to prescribe drugs, lying about the safety of their drugs, and violating other criminal and civil laws. The companies have settled many of these claims with the federal government, treating the fines as a cost of doing business. Most recently, Teva Pharmaceuticals agreed to pay the Justice Department $450 million to settle a set of lawsuits alleging that the company defrauded Medicare and conspired with other drug-makers to illegally inflate the prices of two generic drugs.

    Between 2019 and October 2024, the Department of Justice pursued new actions against or settled cases with at least 40 pharmaceutical companies. 

    The Medical Innovation Act would: 

    • Require pharmaceutical companies accused of breaking the law to reinvest a small percentage of their profits in NIH and FDA. These payments would increase with the severity of the settlement penalty, and would only be required of companies that rely on federally-funded research to develop billion-dollar, “blockbuster” drugs.  
    • Invest in life-saving medical innovation through the NIH and FDA. Payments collected through this bill would be used to develop treatments and diagnostics to address unmet medical needs; support research grants for early career scientists; research diseases that disproportionately contribute to federal health care spending; and advance basic biomedical research, among other uses.
    • Promote sustained investments in biomedical research. To ensure that the Act results in a net increase in funding for medical research, money from the supplemental settlement fees would only be available in years that annual appropriations for NIH and FDA are equal to or greater than appropriations for the agencies in the prior fiscal year.   

    “For too long, drug companies that rely on federally-funded research to develop their blockbuster drugs have gotten away with defrauding consumers and taxpayers,” said Congresswoman Jan Schakowsky. “The Medical Innovation Act would make it more difficult for these drug companies to game the system by requiring them to provide a share of their profits to increase investments in biomedical research at the National Institutes of Health and the Food and Drug Administration. We can continue to be a leading force in medical innovation and this legislation will help ensure that we have the means to cure diseases and save lives.” 

    “Big Pharma shouldn’t be able to defraud the federal government and get away with just a slap on the wrist,” said Senator Elizabeth Warren. “This bill will help us save lives by ensuring giant drug companies that enter into settlement agreements with the federal government chip in to fund the next generation of medical research.”

    “The Medical Innovation Act is a commonsense way to advance more medical research by holding shady pharmaceutical companies accountable when they break the law,” said Senator Peter Welch. “I led this bill as a member of the House and am fighting today with my colleagues Senator Warren and Representative Schakowsky to maintain America’s leadership in biomedical science.”

    This bill is endorsed by the following organizations: National Women’s Health Network, AIDS United, University of Massachusetts Medical School, Society of Behavioral Medicine, Families USA, Public Citizen, and Massachusetts Medical Society. 

    “The Medical Innovation Act reinvests in vital research. This legislation is a crucial step toward holding the pharmaceutical industry accountable while ensuring that taxpayer-funded research leads to tangible advancements in health. With women historically underrepresented in clinical trials, it’s imperative that we close the innovation gap. The Network thanks Senator Elizabeth Warren for her leadership on this issue and we are hopeful that together, we can create a healthier future for all women,” said Denise Hyater-Lindenmuth, Executive Director, National Women’s Health Network.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta Continues Supporting HUD’s Efforts to Fight Housing Discrimination

    Source: US State of California

    Monday, October 21, 2024

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    OAKLAND — As part of a coalition of 19 attorneys general, California Attorney General Rob Bonta announced joining an amicus brief before the U.S. Court of Appeals for the Seventh Circuit in support of the U.S. Department of Housing and Urban Development’s (HUD) Discriminatory Effects Rule. The rule imposes liability under the federal Fair Housing Act (FHA) for housing practices that may appear neutral but in reality are discriminatory and have a “disparate impact” on certain populations. The insurance industry — specifically, the Property Casualty Insurers Association of America — is challenging the rule and appealing the trial court’s March 2024 decision granting summary judgment in favor of HUD. Attorney General Bonta also joined an amicus brief in support of the rule on October 17, 2023 before the trial court in this case.  

    “Housing discrimination has no place in our country. While we have made progress in combatting this problem, there is still more work to do,” said Attorney General Bonta. “My office has previously supported the Biden-Harris Administration’s defense of the Discriminatory Effects Rule in court, and we are continuing to back them today. Individuals should be able to bring disparate-impact claims to remedy ongoing discrimination in the insurance industry.” 

    In the amicus brief, the coalition of attorneys general argues that: 

    • Despite the enactment of the FHA, vestiges of residential segregation persist in American social life, and the discriminatory effects doctrine, including disparate-impact liability, is a crucial tool to fight ongoing housing discrimination — whether intentional or unintentional. 
    • Discrimination in homeowner’s insurance can take many forms — such as offering insurance policies with inferior coverage, ignoring interested customers, and imposing different terms and conditions based on neighborhood — and disparate-impact claims have helped to redress discrimination in the homeowner’s insurance market. 
      • For instance, Black plaintiffs recently brought a class action lawsuit against State Farm for its use of algorithms that “allegedly resulted in statistically significant racial disparities in how the insurer processed claims.” According to the plaintiffs, Black claimants had to wait longer to receive payouts as compared to white claimants. The court ruled that the claimants had successfully stated a disparate-impact claim under the FHA. 
    • While the insurance industry argues that state insurance laws categorically shield homeowner’s insurers from federal disparate-impact liability, the attorneys general underscore that federal law and state insurance laws like California’s work together to prohibit both intentional and disparate-impact discrimination.
    • The availability of a disparate-impact claim under the FHA was reinforced by the U.S. Supreme Court’s 2015 decision in Texas Department of Housing & Community Affairs v. Inclusive Communities Project, Inc.

    A separate challenge to the Discriminatory Effects Rule was brought by the National Association of Mutual Insurance Companies and remains pending before the U.S. Court of Appeals for the District of Columbia. On July 11, 2024, Attorney General Bonta joined an amicus brief supporting the rule in that separate challenge.  

    In filing today’s amicus brief, Attorney General Bonta joins the attorneys general of Arizona, Colorado, Delaware, the District of Columbia, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington.

    A copy of the amicus brief can be found here.

    # # #

    MIL OSI USA News

  • MIL-OSI: First American Bank Invests in the Miami Community with New Branch Location

    Source: GlobeNewswire (MIL-OSI)

    Conveniently Located Near Key Landmarks, New Branch Enhances Services for Hialeah Customers

    MIAMI, Oct. 21, 2024 (GLOBE NEWSWIRE) — First American Bank is moving their Hialeah branch from 611 W 49th Street Hialeah, FL to a newly designed location at 1437 W 49th Street. “The new branch provides space to accommodate our growing team and better support our customers with the personal attention and comprehensive financial services they deserve,” said Guillermo Diaz-Rousselot, First American Bank’s Miami market President.

    After 40-plus years in Hialeah, the Bank purchased this new location—just a few blocks away—cementing their presence in the Miami community. The branch will open on Monday, October 21, 2024, with Ismael Manuel Gil as Vice President and Market Manager.

    “The great part about this move,” shared Gil, “is that we will be more centrally located, and closer to the Westland Mall, Miami Dade College, and the Palmetto expressway, making it more convenient for current customers and further increasing our appeal to new ones.”

    As a leading financial institution with more than $7 billion in assets, First American Bank is committed to helping customers move confidently forward by providing personalized assistance and supporting community development. “This new location allows us to enhance our clients’ banking experience, including providing tailored solutions, business referrals, and account-opening services for foreign nationals,” Gil added.

    The network of Florida branches is led by Rodolfo Lleonart, Executive Vice President, and supported by various teams of specialists, including Brian Hagan, Florida Market President for Commercial Lending; John Olsen, Executive Vice President for Commercial Real Estate; Karina Valido, Vice President and Private Client Advisor for Wealth Management; and Joel De Jesus, SBA Assistant Program Manager for SBA loans.

    “We are proud to continue providing banking services and solutions to the Hialeah community that we so appreciate,” said Lleonart. “We look forward to seeing our valued customers and guests visit our new branch location.”

    Contact Hialeah Market Manager Ismael Manuel Gil at (786) 457-3937 or igil@firstambank.com.

    About First American Bank

    First American Bank is a full-service bank with $7 billion in assets and 60 branches and offices serving Miami, Tampa, Chicago, and Milwaukee. They are committed to creating solutions, providing exceptional customer service, and providing unmatched expertise in commercial banking, wealth advisory, and personal finance solutions.

    First American Bank is a Member FDIC.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d32320bf-26ed-4df7-8535-92ab3686c3c5

    The MIL Network

  • MIL-OSI New Zealand: Homicide investigation following death of Baby Ru reaches one year mark

    Source: New Zealand Police (District News)

    Today marks the one year anniversary of the death of an infant in Lower Hutt who has come to be known as Baby Ru.

    This was a callous homicide in which the victim was a defenceless child, and we are determined to get justice for Baby Ru and provide closure for his whānau and the wider community.

    There has been a dedicated Police investigation team working tirelessly through a huge amount of evidence for a year now.

    This work is incredibly painstaking, and meticulous care must be made to ensure all information is recorded and nothing important is missed.

    We believe that the people who know what happened to Baby Ru must surely have it weighing on their conscience.

    We urge you – lighten your load, do the right thing, and tell us what you know.

    We continue to thank everyone who has contacted Police with information and we will continue to investigate every possible lead and piece of information we receive, no matter how small.

    If you can assist with our enquiries please contact Police via 105 online reporting quoting file number 231022/1708, or anonymously through Crimestoppers.

    ENDS

    Issued by Police Media Centre

    Note to Media: photo of Baby Ru has been provided by Ru’s whānau

    MIL OSI New Zealand News

  • MIL-OSI Economics: Digitorial_Elevate Your Everyday Moments with the Samsung Galaxy Z Series

    Source: Samsung

    The mobile industry continues to evolve rapidly, introducing new trends and technologies that shape our lives, and Samsung has redefined what is possible from a smartphone by pioneering the foldables category. Samsung’s best foldables yet meet the unique needs of every user and now enhanced by the power of Galaxy AI, they deliver an experience like never before.
     
    If you’re looking for a device that turns ordinary moments into extraordinary ones, the Galaxy Z Series is your ultimate companion. With the Galaxy Z Fold6 and Galaxy Z Flip6, Samsung has ushered in a new era of mobile technology, driven by Galaxy AI features that enhance everyday interactions, how you work, create, and stay entertained. With the powerful on-device and cloud-based AI, users can enjoy intuitive experiences while keeping their personal information secure.
     

     
    Seamless searching experience – imagine you’re at a café, enjoying your favourite drink, and you spot an interesting book on a nearby table. With the Circle to Search feature, simply take a picture of the book cover, circle it on your screen, and the Galaxy Z Series will instantly fetch relevant information, reviews, and even nearby bookstores that sell it. A feature that brings a new level of convenience, allowing you to explore and connect with your surroundings effortlessly.
     

     
    Galaxy AI has also enhanced barrier-free communication on the Galaxy Z Series. Travelling abroad? The Interpreter feature[1] is a game-changer. Just point your camera at a menu or a street sign, and the Galaxy Z Fold6 or Z Flip6 will translate the text in real time, making your travel experience smoother and more enjoyable. No more fumbling with translation apps or struggling to communicate; the world is now at your fingertips.
     
    The Galaxy Z Series is your passport to communication, working as your personal interpreter. Thanks to Galaxy AI’s Interpreter, you can translate live conversations to remove language barriers using either dual screen or listening mode for easy understanding, whether having a one-on-one conversation or listening during a lecture.
     

     
    The Galaxy Z Fold6 is also a gaming powerhouse that promises to elevate your experience to new heights with its impressive features and collaborations with top game developers. You can game harder and longer with a powerful 4400 mAh battery and the large 7.6-inch screen, which offers up to 2,600nit brightness for vivid graphics supported by Ray Tracing for more immersive gaming.
     
    The foldable form factor brings a whole new way of interacting with your device, and the S Pen gives you quick access to new Smart select and Sketch to image features, ensuring fast and easy drawing, writing and translating to expand the S Pen experience.
     
    These are just some of the ways the new foldables can make your life easier. Samsung’s Galaxy Z Series is not just about innovation; it’s also about aesthetic appeal and durability. With a sleek design featuring a straight edge and symmetrical construction, the Galaxy Z Fold6 and Z Flip6 are the slimmest and lightest Galaxy Z Series smartphones yet. The new cover screen ratio on the Galaxy Z Fold6 offers a more natural bar-type viewing experience and better grip when folded, making it comfortable to use and carry.
     
    Moreover, Samsung has engineered the most durable Galaxy Z Series yet, equipped with a Dual Rail Hinge and strengthened Folding Edge for enhanced resistance to physical impact. The improved layers on the main screen help minimise the visibility of the crease, ensuring a smoother visual experience. With an Armor Aluminum frame and Corning® Gorilla® Glass Victus® 2, these devices are built to withstand the rigors of daily life.
     
    Switching to the Galaxy Z Series has never been easier. Buy now and get up to 15% off the Galaxy Buds3 and/or Watch7, plus 50% off additional covers[2]. (terms and conditions apply). Until 30 September 2024, trade in your qualifying device and enjoy up to R15 000 off your new Galaxy Z Fold6 or Z Flip6[3]. Plus, until 31 October 2024, you can protect your device with a one-year Samsung Care+ protection plan

    MIL OSI Economics

  • MIL-OSI Economics: Samsung Care+ for the Galaxy Z Fold6 & Z Flip6: Your New Device, Protected

    Source: Samsung

    With the much anticipated Samsung Galaxy Z Fold6 and Z Flip6 now in stores, it’s reasonable for shoppers to expect an enhanced level of care tailored to the unique needs of foldable devices.
     
    The Standard Samsung Care+ plan offers essential protection for your Samsung Galaxy device, including one claim within a year, coverage for both the inner and outer screen in case of damage, eligibility for battery replacement upon claim (subject to inspection), and repairs conducted by Samsung-authorized technicians using genuine Samsung parts.
     
    Save R1000: Pay only R999 for 1 year screen protection
    To provide customers with unparalleled peace of mind, Samsung is offering a significant discount on its Samsung Care+ plan for a limited time. From July 10-to-31 October 2024, Samsung Galaxy Z Fold6 and Z Flip6 owners can purchase a 12-month Standard Samsung Care+ plan for just R999, representing a substantial R1000 saving on the regular R1999 price. This offer is only valid for 30 days from the date of purchase. To activate, visit https://www.samsung.com/za/offer/samsung-care-plus/.
     
    Customers can also opt for the Premium Samsung Care+ plan, offering expanded coverage beyond the Standard plan. This includes additional protection for the screen, motherboard, liquid damage, and battery replacement (subject to repair inspection). Customers have the flexibility to choose between a two or three-year plan and can select from either a one-time or monthly payment option, starting from R169 per month.
     

     
    Buy the Samsung Galaxy Z Fold6 and Z Flip6 now and get an accessories voucher of up to R2000 (Terms and Conditions apply). Additionally, you could receive up to R15 000 when you trade in your qualifying device towards the purchase of your new Galaxy Z Fold6 or Z Flip6.
     
     

    MIL OSI Economics

  • MIL-OSI Economics: High-level visit to the Busia One Stop Border Post (OSBP) and study tour on the impact of the East African Community (EAC) on fostering regional…

    Source: African Development Bank Group
    What:          High-level visit to the Busia One Stop Border Post (OSBP) and study tour on the impact of the East African Community (EAC) on fostering regional trade and integration, and empowering women traders
    Who:           African Development Bank Group and Mano River Union (MRU) Secretariat

    MIL OSI Economics

  • MIL-OSI Security: Virginia Man Pleads Guilty to Interstate Threat

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Ahead of the Threat Podcast: Episode Zero

    Welcome to Ahead of the Threat, the FBI’s new podcast miniseries that brings together an FBI cyber executive and a private sector chief information security officer. Join Bryan Vorndran, assistant director of the FBI’s Cyber Division, and Jamil Farshchi, a strategic engagement advisor for the FBI who also works as an executive vice president and CISO of Equifax, as they discuss emerging cyber threats and the enduring importance of cybersecurity fundamentals. Featuring distinguished guests from the business world and government, Ahead of the Threat will confront some of the biggest questions in cyber: How will emerging technology impact corporate America? How can corporate boards be structured for cyber resilience? What does the FBI think about generative artificial intelligence? Listen to new episodes biweekly and stay Ahead of the Threat.

    Charity and Disaster Fraud

    Charity fraud scams can come in many forms: emails, social media posts, crowdfunding platforms, cold calls, etc. They are especially common after high-profile disasters. Always use caution and do your research when you’re looking to donate to charitable causes.

    RYAN JAMES WEDDING

    Conspiracy to Distribute and Possess with Intent to Distribute Controlled Substances; Conspiracy to Export Cocaine; Continuing Criminal Enterprise; Murder in Connection with a Continuing Criminal Enterprise and Drug Crime; Attempt to Commit…

    Capitol Violence

    The FBI is seeking to identify individuals involved in the violent activities that occurred at the U.S. Capitol and surrounding areas on January 6, 2021. View photos and related information here. If you have any information to provide, visit tips.fbi.gov or call 1-800-CALL-FBI.

    MIL Security OSI

  • MIL-OSI Security: Neshoba County Man Sentenced to Over 11 Years in Prison for Shooting a Tribal Member on the Choctaw Indian Reservation

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Jackson, Miss.  – A Neshoba County man was sentenced to 138 months in federal prison for assault with intent to do bodily harm and use of a firearm during a crime of violence on the Choctaw Indian Reservation.

    According to court documents, in September 2022, Jessie James Clay, Jr., 42, used a handgun to shoot a tribal member, causing serious bodily injury, at a residence in the Pearl River Community of the Mississippi Band of Choctaw Indians.   

    Clay was indicted by a federal grand jury in January 2023, and he pled guilty on July 18, 2024.

    United States Attorney Todd W. Gee of the Southern District of Mississippi and Special Agent in Charge Robert Eikhoff of the Federal Bureau of Investigation made the announcement.

    The Choctaw Police Department and the Federal Bureau of Investigation investigated the case.

    Assistant U.S. Attorneys Kevin J. Payne and Brian K. Burns prosecuted the case.

    MIL Security OSI

  • MIL-OSI United Kingdom: Statement from the Mayor of London

    Source: Mayor of London

    The Mayor of London, Sadiq Khan, said: “I respect the decision made by the jury today following a full examination of a large amount of evidence – including video from the incident. 

    “In London, we police by consent. When anyone loses their life following contact with the police, it’s important that it is properly and thoroughly investigated, which is what’s happened in this case.

    “Firearms officers work under the most extraordinary pressure, carrying with them unique responsibilities and often putting themselves in harm’s way to protect others. 

    “I understand the impact Chris Kaba’s death has had on London’s communities and the anger, pain and fear it has caused. I send my heartfelt sympathies to Chris Kaba’s family, friends and the wider community once again.  

    “There’s clearly still a wider lack of trust in the police, particularly within the Black community, that needs to be addressed. As Mayor, I will continue to work with the Government to support and hold the Metropolitan Police to account to ensure any lessons are learnt and the Met commands the trust of all Londoners as we build a safer London for everyone.”

    MIL OSI United Kingdom

  • MIL-OSI Security: Security News: Atlanta Attorney Pleads Guilty in Syndicated Conservation Easement Tax Scheme

    Source: United States Department of Justice 2

    A Georgia man pleaded guilty last week to obstructing the IRS related to his participation in the promotion of abusive syndicated conservation easement tax shelters.

    According to court documents and statements made in court, Vi Bui was an attorney and partner at Sinnott & Co., an Atlanta-based company. Beginning in at least in 2012 and continuing through at least May 2020, Bui participated in a scheme to defraud the IRS by organizing, marketing, implementing and selling illegal syndicated conservation easement tax shelters created and organized by Jack Fisher, Sinnott and others. For their involvement in the scheme, Fisher and Sinnott were convicted at trial and in January sentenced to 25 and 23 years in prison, respectively.

    The scheme entailed the creation of partnerships that would purchase land and land-owning companies and then donate conservation easements over that land or the land itself. Appraisers would allegedly generate fraudulent and inflated appraisals of the conservation easements. The partnerships then claimed a charitable contribution tax deduction based on the inflated value of the conservation easement, resulting in a fraudulent tax deduction flowing to the wealthy clients who purchased units in the partnership. Many of these clients joined the tax shelters after the donation of the interest in land and after the close of the relevant tax year. Bui knew that, to make it appear that the participants had timely purchased their units in the tax shelters, Fisher, Sinnott and others backdated and instructed others to falsify documents, including subscription agreements, checks and other documents. And in at least one instance, Bui falsified documents himself.

    Bui anticipated that the syndicated conservation easement transactions would be audited. To deceive the IRS, Bui and others took steps to make the partnerships appear as legitimate real estate development companies. They would create and disseminate lengthy documents disguising the true nature of the transaction, institute sham “votes” for what to do with the land that the partnership owned despite knowing that outcome was predetermined and falsify paperwork, such as appraisals and subscription agreements.

    In one instance, when investigators conducted an undercover operation in 2018, Bui, believing that the IRS was auditing an individual’s 2014 tax return, prepared false documents that made it appear that the materials were executed before the purported donation of the conservation easement in 2014 and before the 2014 tax returns had been filed.

    Bui earned substantial income for his role in the illegal scheme. He also used the fraudulent tax shelters to evade his own taxes, filing false personal tax returns from 2013 through 2018 that claimed false tax deductions from the illegal syndicated conservation easement tax shelters.

    Bui is scheduled to be sentenced on Feb. 13, 2025, and faces a maximum penalty of three years in prison. Bui also faces a period of supervised release, restitution and monetary penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    To date, in addition to the convictions of Fisher and Sinnott noted above, nine additional defendants have pleaded guilty to criminal conduct related to the syndicated conservation easement tax shelter scheme, including appraiser Walter Douglas “Terry” Roberts, accountants Stein Agee; Corey Agee, CPA; Ralph Anderson, CPA; James Benkoil, CPA; Victor Smith, CPA; William Tomasello, CPA; Herbert Lewis,  CPA; and Attorney Randall Lenz.

    Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division, U.S. Attorney Ryan K. Buchanan for the Northern District of Georgia and Chief Guy Ficco of the IRS Criminal Investigation (IRS-CI) made the announcement. They also thanked U.S. Attorney Dena J. King for the Western District of North Carolina for her office’s assistance.

    IRS-CI and the U.S. Postal Inspection Service investigated the case.

    Trial Attorneys Richard M. Rolwing, Parker Tobin, Jessica Kraft and Nicholas J. Schilling Jr., of the Justice Department’s Tax Division and Assistant U.S. Attorney Christopher Huber and deputy chief of the complex frauds section for the Northern District of Georgia  are prosecuting the case.

    MIL Security OSI

  • MIL-OSI Security: Security News: Justice Department Issues Comprehensive Proposed Rule Addressing National Security Risks Posed to U.S. Sensitive Data

    Source: United States Department of Justice 2

    Note: Read the Department’s fact sheet on this matter here.

    The Justice Department today issued a Notice of Proposed Rulemaking (NPRM) to implement President Biden’s Executive Order 14117 (the E.O.) of Feb. 28, “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern.” The E.O. addresses the national security threat posed by the continued effort of certain countries of concern to access and exploit certain kinds of Americans’ sensitive personal data. The President charged the Justice Department with the responsibility of establishing and implementing this new national security regulatory program to address these risks. On March 5, the Department’s Advance Notice of Proposed Rulemaking (ANPRM) was published in the Federal Register. Informed by extensive stakeholder outreach and careful consideration of comments the NPRM addresses public comments received on the ANPRM and proposes a rule to establish this new program and implement the E.O.

    This comprehensive proposed rule would implement the E.O. by establishing categorical rules for certain data transactions that pose an unacceptable risk of giving countries of concern or covered persons access to government-related data or bulk U.S. sensitive personal data. Among other things, the proposed rule identifies classes of prohibited and restricted transactions, identifies countries of concern and classes of covered persons to whom the proposed rule applies, identifies classes of exempt transactions, explains the Department’s methodology for establishing bulk thresholds, provides the Department’s initial assessment of economic and other regulatory impacts, establishes processes to issue licenses authorizing certain prohibited or restricted transactions, issue advisory opinions, and designate covered persons, and addresses recordkeeping, reporting, and other due-diligence obligations for covered transactions.

    The Justice Department’s National Security Division requests public comment on the proposed rule within 30 days of its publication in the Federal Register. The Department seeks comments on the proposed rule from industry, trade association groups, civil society, subject-matter experts, organizations and entities potentially affected by the proposed rule, and others with interest in the rule or expertise on data security and cybersecurity. The public may submit written comments on the NPRM at http://www.regulations.gov.

    The proposed rule is tailored to address the specific national security risks stemming from access by countries of concern and covered persons to Americans’ bulk sensitive personal data and certain sensitive U.S. government-related data. These measures complement the United States’ commitment to promoting an open, global, interoperable, reliable, and secure internet; protecting human rights online and offline; supporting a vibrant, global economy by promoting cross-border data flows that are required to enable international commerce and trade; and facilitating open investment.

    As previewed in the ANPRM, the proposed rule does not authorize the imposition of generalized data localization requirements to store Americans’ bulk sensitive personal data or U.S. Government-related data or to locate computing facilities used to process such data in the United States. As also previewed in the ANPRM, the proposed rule also does not broadly prohibit U.S. persons from engaging in commercial transactions, including exchanging financial and other data as part of the sale of commercial goods and services with countries of concern or covered persons, or impose measures aimed at a broader decoupling of the substantial consumer, economic, scientific, and trade relationships that the United States has with other countries. To reflect this, the NPRM proposes a new exemption for telecommunications services, provides further clarity on exemptions regarding financial services and intra-corporate-group transfers that were previewed in the ANPRM, and seeks public comment on a new proposed exemption for clinical-trial data.

    The proposed rule’s prohibitions and restrictions are consistent with other access restrictions on sensitive personal data that have been imposed in other contexts, including for transactions reviewed by the Committee on Foreign Investment in the United States (CFIUS) and the Committee for the Assessment of Foreign Participation in the U.S. Telecommunications Services Sector (Team Telecom). As the ANPRM previewed, the proposed rule exempts several classes of data transactions from the scope of its prohibitions and restrictions, including certain personal communications, financial services, corporate group transactions, transactions authorized by Federal law and international agreements, investment agreements subject to a CFIUS action, telecommunication services, biological product and medical device authorizations, clinical investigations, and others.

    As explained in the NPRM, countries of concern can use their access to these types of data to engage in malicious cyber-enabled activities and malign foreign influence activities, bolster their military capabilities, and track and build profiles on U.S. individuals (including members of the military and other Federal employees and contractors) for illicit purposes such as blackmail and espionage. Countries of concern can also exploit this data to collect information on activists, academics, journalists, dissidents, political opponents, or members of nongovernmental organizations or marginalized communities to intimidate them, curb political opposition, limit freedoms of expression, peaceful assembly, or association, or enable other forms of suppression of civil liberties.

    The proposed rule would require vendor agreements, employment agreements, and investment agreements that qualify as restricted transactions to comply with the separately proposed security requirements that have been developed by the Department of Homeland Security’s Cybersecurity and Infrastructure Agency (CISA) in coordination with the Justice Department. These proposed security requirements require U.S. persons engaging in a restricted transaction to comply with organizational and system-level requirements, such as ensuring that basic organizational cybersecurity policies, practices, and controls are in place, and data-level requirements, such as data minimization and masking, encryption, and privacy-enhancing techniques. CISA is concurrently making these proposed security requirements available for public comment at http://www.regulations.gov.

    MIL Security OSI

  • MIL-OSI USA: 35 Years Ago: STS-34 Sends Galileo on its Way to Jupiter

    Source: NASA

    On Oct. 18, 1989, space shuttle Atlantis took off on its fifth flight, STS-34, from NASA’s Kennedy Space Center (KSC) in Florida. Its five-person crew of Commander Donald E. Williams, Pilot Michael J. McCulley, and Mission Specialists Shannon W. Lucid, Franklin R. Chang-Díaz, and Ellen S. Baker flew a five-day mission that deployed the Galileo spacecraft, managed by NASA’s Jet Propulsion Laboratory in Southern California, to study Jupiter. The astronauts deployed Galileo and its upper stage on their first day in space, sending the spacecraft on its six-year journey to the giant outer planet. Following its arrival at Jupiter in December 1995, Galileo deployed its atmospheric probe while the main spacecraft entered orbit around the planet, studying it in great detail for eight years.
    Left: The STS-34 crew of Mission Specialists Shannon W. Lucid, sitting left, Franklin R. Chang-Díaz, and Ellen S. Baker; Commander Donald E. Williams, standing left, and Pilot Michael J. McCulley. Middle: The STS-34 crew patch. Right: The Galileo spacecraft in Atlantis’ payload bay in preparation for STS-34.
    In November 1988, NASA announced Williams, McCulley, Lucid, Chang-Díaz, and Baker as the STS-34 crew for the flight planned for October 1989. Williams and Lucid, both from the Class of 1978, had each flown once before, on STS-51D in April 1985 and STS-51G in June 1985, respectively. Chang-Díaz, selected in 1980, had flown once before on STS-61C in January 1986, while for McCulley and Baker, both selected in 1984, STS-34 represented their first spaceflight. During their five-day mission, the astronauts planned to deploy Galileo and its Inertial Upper Stage (IUS) on the first flight day. Following the Galileo deployment, the astronauts planned to conduct experiments in the middeck and the payload bay.
    Left: Voyager 2 image of Jupiter. Middle: Galileo as it appeared in 1983. Right: Illustration of Galileo’s trajectory from Earth to Jupiter.
    Following the successful Pioneer and Voyager flyby missions, NASA’s next step to study Jupiter in depth involved an ambitious orbiter and atmospheric entry probe. NASA first proposed the Jupiter Orbiter Probe mission in 1975, and Congress approved it in 1977 for a planned 1982 launch on the space shuttle. In 1978, NASA renamed the spacecraft Galileo after the 17th century Italian astronomer who turned his new telescope toward Jupiter and discovered its four largest moons. Delays in the shuttle program and changes in the upper stage to send Galileo from low Earth orbit on to Jupiter resulted in the slip of its launch to May 1986, when on Atlantis’ STS-61G mission, a Centaur upper stage would send the spacecraft toward Jupiter.
    The January 1986 Challenger accident not only halted shuttle flights for 31 months but also canceled the Centaur as an upper stage for the orbiter. Remanifested onto the less powerful IUS, Galileo would require gravity assist maneuvers at Venus and twice at Earth to reach its destination, extending the transit time to six years. Galileo’s launch window extended from Oct. 12 to Nov. 21, 1989, dictated by planetary alignments required for the gravity assists. During the transit, Galileo had the opportunity to pass by two main belt asteroids, providing the first closeup study of this class of objects. Upon arrival at Jupiter, Galileo would release its probe to return data as it descended through Jupiter’s atmosphere while the main spacecraft would enter an elliptical orbit around the planet, from which it would conduct in depth studies for a minimum of 22 months.
    Left: The Galileo atmospheric probe during preflight processing. Middle: The Galileo orbiter during preflight processing. Right: Space shuttle Atlantis arrives at Launch Pad 39B.
    The Galileo atmospheric probe arrived at KSC on April 17 and the main spacecraft on May 16, following which workers joined the two together for preflight testing. Meanwhile, Atlantis returned to KSC on May 15, following the STS-30 mission that deployed the Magellan spacecraft to Venus. The next day workers towed it into the Orbiter Processing Facility to prepare it for STS-34. In KSC’s Vehicle Assembly Building (VAB), workers began stacking the Solid Rocket Boosters (SRB) on June 15, completing the activity on July 22, and then adding the External Tank (ET) on July 30. Atlantis rolled over to the VAB on Aug. 22 for mating with the ET and SRBs. Galileo, now mated to its IUS, transferred to Launch Pad 39B on Aug. 25, awaiting Atlantis’ arrival four days later.
    The next day, workers placed Galileo into Atlantis’ payload bay and began preparations for the Oct. 12 launch. The Terminal Countdown Demonstration Test took place on Sept. 14-15, with the astronauts participating in the final few hours as on launch day. A faulty computer aboard the IUS threatened to delay the mission, but workers replaced it without impacting the planned launch date. The five-member astronaut crew arrived at KSC Oct. 9 for final preparations for the flight and teams began the countdown for launch. A main engine controller problem halted the countdown at T minus 19 hours. The work required to replace it pushed the launch date back to Oct. 17. On that day, the weather at the pad supported a launch, but clouds and rain at the Shuttle Landing Facility several miles away, and later rain at a Transatlantic (TAL) abort site, violated launch constraints, so managers called a 24-hour scrub. The next day, the weather cooperated at all sites, and other than a brief hold to reconfigure Atlantis’ computers from one TAL site to another, the countdown proceeded smoothly.
    Left: STS-34 astronauts pose following their Sept. 6 preflight press conference. Middle: Liftoff of Atlantis on the STS-34 mission. Right: Controllers in the Firing Room watch Atlantis take to the skies.
    Atlantis lifted off Launch Pad 39B at 12:53 p.m. EDT on Oct. 18. As soon as the shuttle cleared the launch tower, control shifted to the Mission Control Center at NASA’s Johnson Space Center in Houston, where Ascent Flight Director Ronald D. Dittemore and his team of controllers, including astronaut Frank L. Culbertson serving as the capsule communicator, or capcom, monitored all aspects of the launch. Following main engine cutoff, Atlantis and its crew had achieved orbit. Forty minutes later, a firing of the two Orbital Maneuvering System (OMS) engines circularized the orbit at 185 miles. The astronauts removed their bulky Launch and Entry Suits (LES) and prepared Atlantis for orbital operations, including opening the payload bay doors.
    Left: Galileo and its Inertial Upper Stage (IUS) in Atlantis’ payload bay, just before deployment. Middle: Galileo and its IUS moments after deployment. Right: Galileo departs from the shuttle.
    Preparations for Galileo’s deployment began shortly thereafter. In Mission Control, Flight Director J. Milton Heflin and his team, including capcom Michael A. Baker, took over to assist the crew with deployment operations. The astronauts activated Galileo and the IUS, and ground teams began checking out their systems, with the first TV from the mission showing the spacecraft and its upper stage in the payload bay. Lucid raised Galileo’s tilt table first to 29 degrees, McCulley oriented Atlantis to the deployment attitude, then Lucid raised the tilt table to the deploy position of 58 degrees. With all systems operating normally, Mission Control gave the go for deploy.
    Six hours and 20 minutes into the mission, Lucid deployed the Jupiter-bound spacecraft and its upper stage, weighing a combined 38,483 pounds. “Galileo is on its way to another world,” Williams called down. The combination glided over the shuttle’s crew compartment. Williams and McCulley fired the two OMS engines to move Atlantis a safe distance away from the IUS burn that took place one hour after deployment, sending Galileo on its circuitous journey through the inner solar system before finally heading to Jupiter. The primary task of the mission accomplished, the astronauts prepared for their first night’s sleep in space.
    STS-34 crew Earth observation photographs. Left: The Dallas-Ft. Worth Metroplex. Middle left: Jamaica. Middle right: Greece. Right: The greater Tokyo area with Mt. Fuji at upper left.
    For the next three days, the STS-34 astronauts focused their attention on the middeck and payload bay experiments, as well as taking photographs of the Earth. Located in the payload bay, the Shuttle Solar Backscatter Ultraviolet experiment, managed by NASA’s Goddard Space Flight Center in Greenbelt, Maryland, measured ozone in the Earth’s atmosphere and compared the results with data obtained by weather satellites at the same locations. The comparisons served to calibrate the weather satellite instruments. Baker conducted the Growth Hormone Concentrations and Distributions in Plants experiment, that investigated the effect of the hormone Auxin in corn shoot tissue. Three days into the mission, she placed plant canisters into a freezer to arrest plant growth and for postflight analysis. Chang-Díaz and Lucid had prime responsibility for the Polymer Morphology experiment, developed by the 3M Company. They used a laptop to control experiment parameters as the hardware melted different samples to see the effects of weightlessness. Baker conducted several medical investigations, including studying blood vessels in the retina, changes in leg volume due to fluid shifts, and carotid blood flow.
    Left: The Shuttle Solar Backscatter Ultraviolet experiment in Atlantis’ payload bay. Middle: Ellen S. Baker, right, performs a carotid blood flow experiment on Franklin R. Chang-Díaz. Right: Chang-Díaz describes the Polymer Mixing experiment.
    Left: The STS-34 crew poses on Atlantis’ fight deck. Middle: Atlantis touches down at Edwards Air Force Base in California. Right: The STS-34 astronauts pose in front of Atlantis.
    On Oct. 23, the astronauts awakened for their final day in space. Because of high winds expected at the primary landing site at Edwards Air Force Base (AFB), managers moved the landing up by two revolutions. In preparation for reentry, the astronauts donned their orange LESs and closed the payload bay doors. Williams and McCulley oriented Atlantis into the deorbit attitude, with the OMS engines facing in the direction of travel. Over the Indian Ocean, they fired the two engines for 2 minutes 48 seconds to bring the spacecraft out of orbit. They reoriented the orbiter to fly with its heat shield exposed to the direction of flight as it encountered Earth’s atmosphere at 419,000 feet. The buildup of ionized gases caused by the heat of reentry prevented communications for about 15 minutes but provided the astronauts a great light show. The entry profile differed slightly from the planned one because Atlantis needed to make up 500 miles of cross range since it returned two orbits early. After completing the Heading Alignment Circle turn, Williams aligned Atlantis with the runway, and McCulley lowered the landing gear. Atlantis touched down and rolled to a stop, ending a 4-day 23-hour 39-minute flight, having completed 79 orbits of the Earth. Following postlanding inspections, workers placed Atlantis atop a Shuttle Carrier Aircraft, a modified Boeing-747, and the combination left Edwards on Oct. 28. Following refueling stops at Biggs Army Airfield in Texas and Columbus AFB in Mississippi, Atlantis and the SCA arrived back at KSC on Oct. 29. Workers began to prepare it for its next flight, STS-36 in February 1990.
    Left: An illustration of Galileo in orbit around Jupiter. Right: Galileo’s major mission events, including encounters with Jupiter’s moons during its eight-year orbital study.
    One hour after deployment from Atlantis, the IUS ignited to send Galileo on its six-year journey to Jupiter, with the spacecraft flying free of the rocket stage 47 minutes later. The spacecraft’s circuitous path took it first to Venus on Feb. 10, 1990, back to Earth on Dec. 8, 1990, and again on Dec. 8, 1992, each time picking up velocity from the gravity assist to send it on to the giant planet. Along the way, Galileo also passed by and imaged the main belt asteroids Gaspra and Ida and observed the crash of Comet Shoemaker-Levy 9 onto Jupiter. On Dec. 7, 1995, the probe plummeted through Jupiter’s dense atmosphere, returning data along the way, until it succumbed to extreme pressures and temperatures. Meanwhile, Galileo entered orbit around Jupiter and far exceeded its 22-month primary mission, finally plunging into the giant planet on Sept. 21, 2003, 14 years after leaving Earth. During its 35 orbits around Jupiter, it studied not only the planet but made close observations of many of its moons, especially its four largest ones, Ganymede, Callisto, Europa, and Io.
    Left: Galileo image of could formations on Jupiter. Right: Closeup image of terrain on Europa.
    Of particular interest to many scientists, Galileo made 11 close encounters with icy Europa, coming as close as 125 miles, revealing incredible details about its surface. Based on Galileo data, scientists now believe a vast ocean lies beneath Europa’s icy crust, and heating from inside the moon may produce conditions favorable for supporting life. NASA’s Europa Clipper, launched on Oct. 14, 2024, hopes to expand on Galileo’s observations when it reaches Jupiter in April 2030.
    Enjoy the crew narrated video of the STS-34 mission. Read Williams‘ recollections of the STS-34 mission in his oral history with the JSC History Office.

    MIL OSI USA News

  • MIL-OSI United Kingdom: The UK is committed to ensuring that technological progress serves as a force for peace: UK statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments 3

    Statement by UK Permanent Representative to the UN Ambassador Barbara Woodward at the UN Security Council meeting on the impact of scientific developments on international peace and security.

    I’d like to highlight three points.

    First, we share the view that the Council must remain ahead of emerging threats. As the briefers noted, advances in neurotechnology, engineering biology and artificial intelligence offer significant potential but also create risks that can impact on international peace and security. This is particularly true as these advances intersect, causing a compounding effect. 

    In future, quantum technologies may break the most advanced cryptographic encryption threatening secure communications and information systems that underpin peace and humanitarian operations. While human augmentation technologies, such as exoskeletons, that can facilitate quicker and more efficient decision-making on the battlefield and may be exploited by malicious actors. 

    Today, AI is already being weaponised by state and non-state actors to spread disinformation at scale.

    The UK is actively working to counter the impacts of disinformation through data-driven tools and localised information verification systems including through the AI Summit series that was launched in Bletchley last year and to which Korea and France have already alluded. 

    So we endorse the briefers recommendations for the Council to deepen its collaboration with the scientific community and to systematically incorporate scientific analysis into reports and briefings on existing Council files. 

    Second, many scientific and technological advancements are dual use. So there is a role for this Council to promote the development of national, regional and international governance approaches that enable economic growth and development while mitigating risks to security. 

    It is essential that technologies are researched, developed and deployed responsibly and ethically, in accordance with international law, including international human rights and humanitarian law.

    Third, the Council can prevent emerging threats before they escalate by better integrating scientific tools into decision-making. Developing capabilities for early warning through data analytics, as the UK has done through support for the AU’s early warning mechanism and the UN’s Complex Risk Analytics Fund, can enable the Council to better anticipate risks and make timely, informed decisions.

    In conclusion, President, the UK remains committed to ensuring that technological progress serves as a force for peace and security, not instability.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom

  • MIL-OSI USA: Welch Joins Warren, Schakowsky in Pushing to Require Law-Breaking Drug Companies to Reinvest Profits in NIH & FDA for Medical Research

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    Medical Innovation Act applies to pharmaceutical companies who are found guilty or are accused of breaking the law and settle with the federal government.
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) joined U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representative Jan Schakowsky (D-IL-09) in introducing the Medical Innovation Act of 2024, which would require large pharmaceutical companies that are accused of breaking the law and settle with the federal government to reinvest a small percentage of their profits into the National Institutes of Health (NIH) and the U.S. Food and Drug Administration (FDA). 
    “The Medical Innovation Act is a commonsense way to advance more medical research by holding shady pharmaceutical companies accountable when they break the law,” said Senator Welch. “I led this bill as a member of the House and am fighting today with my colleagues Senator Warren and Representative Schakowsky to maintain America’s leadership in biomedical science.” 
    “Big Pharma shouldn’t be able to defraud the federal government and get away with just a slap on the wrist,” said Senator Warren. “This bill will help us save lives by ensuring giant drug companies that enter into settlement agreements with the federal government chip in to fund the next generation of medical research.” 
    “For too long, drug companies that rely on federally-funded research to develop their blockbuster drugs have gotten away with defrauding consumers and taxpayers,” said Congresswoman Jan Schakowsky. “The Medical Innovation Act would make it more difficult for these drug companies to game the system by requiring them to provide a share of their profits to increase investments in biomedical research at the National Institutes of Health and the Food and Drug Administration. We can continue to be a leading force in medical innovation and this legislation will help ensure that we have the means to cure diseases and save lives.” 
    In 2023, the NIH only had funds for 23% of the applications it received, contributing to a huge medical innovation gap. At the same time, pharmaceutical companies have been accused of defrauding Medicare and Medicaid, marketing drugs for unapproved uses, illegally incentivizing doctors to prescribe drugs, lying about the safety of their drugs, and violating other criminal and civil laws. The companies have settled many of these claims with the federal government, treating the fines as a cost of doing business. Most recently, Teva Pharmaceuticals agreed to pay the Justice Department $450 million to settle a set of lawsuits alleging that the company defrauded Medicare and conspired with other drug-makers to illegally inflate the prices of two generic drugs. Between 2019 and October 2024, the Department of Justice pursued new actions against or settled cases with at least 40 pharmaceutical companies.  
    The Medical Innovation Act would:  
    Require pharmaceutical companies accused of breaking the law to reinvest a small percentage of their profits in NIH and FDA. These payments would increase with the severity of the settlement penalty, and would only be required of companies that rely on federally-funded research to develop billion-dollar, “blockbuster” drugs.   
    Invest in life-saving medical innovation through the NIH and FDA. Payments collected through this bill would be used to develop treatments and diagnostics to address unmet medical needs; support research grants for early career scientists; research diseases that disproportionately contribute to federal health care spending; and advance basic biomedical research, among other uses. 
    Promote sustained investments in biomedical research. To ensure that the Act results in a net increase in funding for medical research, money from the supplemental settlement fees would only be available in years that annual appropriations for NIH and FDA are equal to or greater than appropriations for the agencies in the prior fiscal year.     
    Senator Welch introduced the Medical Innovation Act as a Member of the House of Representatives in the 114th Congress alongside Senator Warren and they have pushed for the legislation since 2015. The Medical Innovation Act is cosponsored this Congress by Senators Sherrod Brown (D-Ohio), Bernie Sanders (I-Vt.), Chris Van Hollen (D-Md.), and Sheldon Whitehouse (D-R.I.).  
    This bill is endorsed by the National Women’s Health Network, AIDS United, University of Massachusetts Medical School, Society of Behavioral Medicine, Families USA, Public Citizen, and the Massachusetts Medical Society.  
    View the bill text of the Medical Innovation Act.   
    Read more about the Medical Innovation Act.  

    MIL OSI USA News