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  • MIL-OSI NGOs: France: Discriminatory algorithm used by the social security agency must be stopped 

    Source: Amnesty International –

    The French authorities must immediately stop the use of a discriminatory risk-scoring algorithm used by the French Social Security Agency’s National Family Allowance Fund (CNAF), which is used to detect overpayments and errors regarding benefit payments, Amnesty International said today.

    On 15 October, Amnesty International and fourteen other coalition partners led by La Quadrature du Net (LQDN) submitted a complaint to the Council of State, the highest administrative court in France, demanding the risk-scoring algorithmic system used by CNAF be stopped.  

    “From the outset, the risk-scoring system used by CNAF treats individuals who experience marginalization – those with disabilities, lone single parents who are mostly women, and those living in poverty – with suspicion. This system operates in direct opposition to human rights standards, violating the right to equality and non-discrimination and the right to privacy,” said Agnès Callamard, Secretary General at Amnesty International.

    In 2023, La Quadrature du Net (LQDN) got access to versions of the algorithm’s source code – a set of instructions written by programmers to create a software – thereby exposing the discriminatory nature of the system.

    Since 2011, CNAF has used a risk-scoring algorithm to identify people who are potentially committing benefits fraud by receiving overpayments. The algorithm assigns a risk score between zero and one to all recipients of family and housing benefits. The closer the score is to one, the higher the probability of being flagged for investigation.

    Overall, there are 32 million people in France living in households that receive a benefit from CNAF. Their sensitive personal data, as well as that of their family, is processed periodically, and a risk score is assigned.

    The criteria that increase one’s risk score include parameters which discriminate against vulnerable households, including being on a low income, being unemployed, living in a disadvantaged neighbourhood, spending a significant portion of income on rent, and working while having a disability. The details of those who are flagged due to having a high-risk score are compiled into a list that is investigated further by a fraud investigator.

    “While authorities herald the rollout of algorithmic technologies in social protection systems as a way to increase efficiency and detect fraud and errors, in practice, these systems flatten the realities of people’s lives. They work as extensive data-mining tools that stigmatize marginalized groups, and invade their privacy,” said Agnès Callamard.

    Amnesty International did not investigate specific cases of people flagged by the CNAF system. However, our investigations in Netherlands and Serbia suggest that using AI-powered systems and automation in the public sector enables mass surveillance: the amount of data that is collected is disproportionate to the purported aim of the system. Moreover, evidence by Amnesty International also exposed how many of these systems have been quite ineffective at actually doing what they purport to do—whether it be identifying fraud or errors in the benefits system.

    While authorities herald the rollout of algorithmic technologies in social protection systems as a way to increase efficiency and detect fraud and errors, in practice, these systems flatten the realities of people’s lives. They work as extensive data-mining tools that stigmatize marginalized groups, and invade their privacy.

    Agnès Callamard, Secretary General, Amnesty International

    It has also been argued that the scale of errors or fraud in benefits system has been exaggerated to justify the development of such tech systems, often leading to discriminatory or racist or sexist targeting of particular groups, particularly migrants and refugees.

    Over the past year, France has been actively promoting itself internationally as the next hub for artificial intelligence (AI) technologies, culminating in a summit scheduled for February 2025. At the same time, France has also been legalizing mass surveillance technologies and has consistently undermined the EU’s AI Act negotiations.

    “France is relying on a risk-scoring algorithmic system for social benefits that highlights, sustains and enshrines the bureaucracy’s prejudices and discrimination. Instead, France should ensure that it complies with its human rights obligations in the first place that of non-discrimination. The authorities must address current and existing AI-related harms amid the country’s quest to become a global AI hub,” said Agnès Callamard.

    Under the newly adopted European Artificial Intelligence Regulation (AI Act), AI systems used by authorities to determine access to essential public services and benefits are considered to pose high risk to rights, health and safety of people. Therefore, they must meet strict technical, transparency and governance rules, including an obligation on deployers to carry out an assessment of human rights risks and guarantee mitigation measures before deployment.

    In the meantime, certain systems, such as those used for social scoring, are considered to pose unacceptable level of risk and therefore must be banned.

    It is unfortunate that EU lawmakers have been vague in explicitly defining social scoring within the AI Act. The European Commission must ensure that its upcoming guidelines provide a clear and enforceable interpretation of the social scoring ban, especially as it applies to discriminatory fraud detection and risk-scoring systems. 

    Agnès Callamard

    It is currently unclear whether the system used by CNAF qualifies as a social scoring system due to a lack of clarity in the AI Act on what constitutes such a system.

    “It is unfortunate that EU lawmakers have been vague in explicitly defining social scoring within the AI Act. The European Commission must ensure that its upcoming guidelines provide a clear and enforceable interpretation of the social scoring ban, especially as it applies to discriminatory fraud detection and risk-scoring systems,” said Agnès Callamard.

    Regardless of its classification under the AI Act, all evidence suggests that the system used by CNAF is discriminatory. It is essential that authorities stop employing it and scrutinize biased practices that are inherently harmful especially to marginalized communities seeking social benefits.

    Background

    The European Commission will issue guidance on how to interpret the prohibitions in the AI Act prior to their entry into force on 2 February 2025, including what would qualify as social scoring systems.

    In August 2024, the AI Act came into force. Amnesty International, as part of a civil society coalition led by the European Digital Rights Network (EDRi), has been calling for EU artificial intelligence regulation that protects and promotes human rights.

    In March 2024, an Amnesty International briefing outlined how digital technologies including artificial intelligence, automation, and algorithmic decision-making are exacerbating inequalities in social protection systems across the world

    In 2021, Amnesty International’s report Xenophobic Machines exposed how racial profiling was baked into the design of the algorithmic system by the Dutch tax authorities that flagged claims for childcare benefits as potentially fraudulent. 

    MIL OSI NGO –

  • MIL-OSI NGOs: Netherlands: Mass police surveillance of protests part of ‘growing control culture’ – new report

    Source: Amnesty International –

    “All facial recognition technology for identification purposes should be banned and clear rules for police surveillance at protests must be established.” – Dagmar Oudshoorn

    Fear amongst protestors that camera surveillance may lead to negative repercussions

    Transparency needed from Dutch police about use of materials gathered at protests

    A new report from Amnesty International has found that widespread use of digital surveillance technology by police combined with a lack of transparency about its deployment and how materials gathered are analysed, stored and used is having a discriminatory and chilling effect on protest in the Netherlands.

    Recording dissent: Camera surveillance at peaceful protests in the Netherlands, finds that Dutch police are using an array of digital means to monitor peaceful protesters, from drones to video cars and bodycams to conduct mass surveillance of protesters which is detrimentally impacting the right to protest.  

    The report collates the experiences of protesters from a wide range of movements, including climate protests, pro-Palestine protests and protests relating to COVID. The research involved observation of 24 protests between 2022 and 2024, several interviews with protesters and police as well as an analysis of protest rules and practice. Across the range of demonstrations, protesters expressed fears that their identities could be logged in police databases and that this could have negative repercussions for them. 

    One organiser of COVID protests told Amnesty: “I would like to work at a ministry one day. If I have a mark against my name somewhere, I might never get in, so I want to avoid that. Those fears are really deep with everyone in our group.”  

    Dagmar Oudshoorn, Director of Amnesty International Netherlands, said:

    “Peaceful protest is a right, not a privilege but in the Netherlands an increasing risk-based approach to protest by authorities and a growing control culture is putting this right a risk.

    “Dutch laws and policies are not formulated with sufficient precision with regard to what police may or may not do when surveilling protests. This creates a risk of arbitrariness or abuse and is having a discriminatory and chilling effect.

    “It is unacceptable that images are stored in police data banks without any clarity as to what is done with them. This can lead to abuse – or fear of abuse – which can really have far-reaching consequences for people’s personal lives.

    “Camera surveillance is being deployed because protests are being perceived as a security risk rather than a fundamental right and a vital part of a healthy society. All facial recognition technology for identification purposes should be banned and clear rules for police surveillance at protests must be established.”  

    The new research shows that police routinely fail to explain to organisers, protesters and the public why camera surveillance is in place. Opaque practices make it unclear what resources are being deployed and what images of protesters are being used for. Without adequate safeguards in place, surveillance practices are open to widespread abuse.  Police are able to use facial recognition technology to identify people. This risk is especially serious for migrants, who could be included in a facial recognition database when they apply for a residence permit.

    One climate activist told Amnesty: “It’s unpredictable. I’ve seen camera surveillance in all forms…Police in uniform photographing, and camera cars with a telescopic camera on the roof…Not once have the police informed us about the surveillance.” 

    Protest rights under threat across continent.

    This report is part of Amnesty ‘s global “Protect the Protest” campaign which challenges attacks on peaceful protest, works in solidarity with those targeted and supports the causes of social movements pushing for human rights change.  

    A report published in July 2024 looking at the state of protest across Europe found that the right to protest is being systematically undermined across Europe. See https://www.amnesty.org/en/latest/news/2024/07/europe-sweeping-pattern-of-systematic-attacks-and-restrictions-undermine-peaceful-protest/ 

    MIL OSI NGO –

  • MIL-OSI NGOs: France: Government must stop using dangerous AI-powered surveillance to tackle benefit fraud

    Source: Amnesty International –

    Authorities must immediately stop using discriminatory algorithm used by the social security agency

    The risk-scoring system treats marginalised individuals with suspicion

    ‘This system operates in direct opposition to human rights standards, violating the right to equality and non-discrimination and the right to privacy’ – Agnès Callamard

    The French authorities must immediately stop the use of a discriminatory risk-scoring algorithm used by the French Social Security Agency’s National Family Allowance Fund (CNAF), which is used to detect overpayments and errors regarding benefit payments, Amnesty International said today. 

    On 15 October, Amnesty and 14 other coalition partners led by La Quadrature du Net (LQDN) submitted a complaint to the Council of State, the highest administrative court in France, demanding the risk-scoring algorithmic system used by CNAF be stopped.

    In 2023, LQDN gained access to versions of the algorithm’s source code – a set of instructions written by programmers to create a software – exposing the discriminatory nature of the system.

    Since 2011, CNAF has used a risk-scoring algorithm to identify people who are potentially committing benefits fraud by receiving overpayments. The algorithm assigns a risk score between zero and one to all recipients of family and housing benefits. The closer the score is to one, the higher the probability of being flagged for investigation.

    Agnès Callamard, Secretary General at Amnesty International, said:

    “From the outset, the risk-scoring system used by CNAF treats individuals who experience marginalisation – those with disabilities, lone single parents who are mostly women, and those living in poverty – with suspicion. This system operates in direct opposition to human rights standards, violating the right to equality and non-discrimination and the right to privacy.

    “While authorities herald the rollout of algorithmic technologies in social protection systems to increase efficiency and detect fraud and errors, in practice, these systems flatten the realities of people’s lives. They work as extensive data-mining tools that stigmatise marginalised groups and invade their privacy.

    “France is relying on a risk-scoring algorithmic system for social benefits that highlights, sustains and enshrines the bureaucracy’s prejudices and discrimination. Instead, France should ensure that it complies with its human rights obligations in the first place that of non-discrimination. The authorities must address current and existing AI-related harms amid the country’s quest to become a global AI hub.”

    Putting people at risk

    There are currently 32 million people in France receiving a benefit from CNAF. Their sensitive personal data, as well as that of their family, is processed periodically, and a risk score is assigned.

    The criteria that increase one’s risk score include parameters which discriminate against vulnerable households, including being on a low income, being unemployed, living in a disadvantaged neighbourhood, spending a significant portion of income on rent, and working while having a disability. The details of those who are flagged due to having a high-risk score are compiled into a list that is investigated further by a fraud investigator. 

    Amnesty did not investigate specific cases of people flagged by the CNAF system. However, its investigations in the Netherlands and Serbia suggest that using AI-powered systems and automation in the public sector enables mass surveillance and the amount of data collected is disproportionate to the purported aim of the system.

    Amnesty has also exposed how many of these systems have been quite ineffective at doing what they purport to do—whether it be identifying fraud or errors in the benefits system. 

    It has also been argued that the scale of errors or fraud in benefits system has been exaggerated to justify the development of such tech systems, often leading to discriminatory or racist or sexist targeting of particular groups – particularly migrants and refugees.

    Over the past year, France has been actively promoting itself internationally as the next hub for  AI technologies, culminating in a summit scheduled for February 2025. At the same time, France has also legalised mass surveillance technologies and consistently undermined the EU’s AI Act negotiations.

    Under the newly adopted European Artificial Intelligence Regulation (AI Act), AI systems used by authorities to determine access to essential public services and benefits are considered to pose high risk to rights, health and safety of people. Therefore, they must meet strict technical, transparency and governance rules, including an obligation on deployers to carry out an assessment of human rights risks and guarantee mitigation measures before deployment. 

    In the meantime, certain systems, such as those used for social scoring, are considered to pose unacceptable level of risk and therefore must be banned.

    It is currently unclear whether the system used by CNAF qualifies as a social scoring system due to a lack of clarity in the AI Act on what constitutes such a system. 

    Regardless of its classification however, all evidence suggests that the system is discriminatory. It is essential that authorities stop employing it and scrutinise biased practices that are inherently harmful – especially to marginalised communities seeking social benefits.

    Regulation and algorithms of discrimination

    The European Commission will issue guidance on how to interpret the prohibitions in the AI Act prior to their entry into force on 2 February 2025, including what would qualify as social scoring systems.

    In August 2024, the AI Act came into force. Amnesty, as part of a civil society coalition led by the European Digital Rights Network, has been calling for EU artificial intelligence regulation that protects and promotes human rights.

    In March this year, an Amnesty briefing outlined how digital technologies including artificial intelligence, automation, and algorithmic decision-making are exacerbating inequalities in social protection systems across the world.

    In 2021, Amnesty’s report Xenophobic Machines exposed how racial profiling was baked into the design of the algorithmic system by the Dutch tax authorities that flagged claims for childcare benefits as potentially fraudulent. 

    MIL OSI NGO –

  • MIL-OSI Economics: Samsung Partners with Contiki Travel for Exclusive Summer Offer

    Source: Samsung

    Samsung Electronics is excited to announce a new partnership with Contiki Travel, aimed at travel enthusiasts looking to enhance their journeys with cutting-edge technology. This collaboration showcases how the Galaxy S24 FE’s state-of-the-art camera and Galaxy AI features come to life during travel, offering a unique opportunity to create unforgettable memories this summer.
     
    From October 11 to November 30, 2024, customers who purchase a Samsung Galaxy S24 FE will receive up to 40% off a Contiki trip to destinations around the globe[1]. This exclusive offer caters to young travellers who embody the spirit of adventure, living by the Contiki motto Travel Together. Contiki Travel was created for 18 to 35 year-olds who want to travel the world and experience as much as possible. With dream itineraries designed for those eager to explore the world, Contiki offers great experiences that maximise travel.
     
    To enjoy this special offer, you need to:
    Purchase a Samsung Galaxy S24 FE at Samsung Online or participating retailers and operators.
    Claim your voucher code via the Samsung Members App.
    Call Contiki to book your next dream holiday.
     
    Note: The redemption period for this offer is 11 October to 15 December 2024.
     

     
    “At Samsung, we aim to create opportunities for our beloved customers to enjoy the best that life has to offer and this partnership is one example of that. We believe in empowering our users to experience the world around them through the lens of innovation,” said Kgomotso Mosiane, Head of Marketing for Mobile eXperience at Samsung Electronics. “The Galaxy S24 FE is designed to enhance every moment, ensuring that every adventure is captured beautifully, and we’re thrilled to partner with Contiki to offer this exciting travel opportunity.”
     
    The Galaxy S24 FE is equipped with a powerful triple camera setup led by a 50 MP sensor, the most advanced in the Galaxy FE series. With features like Super HDR for vibrant colours, low-light enhancements, and Optical Quality Zoom, users can capture stunning images of your travels from every angle. The ProVisual Engine and AI-powered tools offer an unparalleled photography experience, while the Instant Slow-mo feature adds a creative touch to video memories.
     
    In addition, the Galaxy AI suite includes Circle to Search with Google for effortless information retrieval on your journeys and real-time voice translation with Live Translator, making international communication seamless. With the Interpreter feature, users have a personal assistant to help navigate foreign environments.
     
    This partnership between Samsung and Contiki is set to redefine how young travellers document their journeys, blending advanced technology with extraordinary experiences. Don’t miss out on this exclusive offer—capture your adventures and travel without regrets.
     

    @kukwami_la Exam in Progress, The Travel Math is mathing with @Samsung South Africa & @Contiki | Travel Together Save up to 40% on a Contiki trip when you buy the Samsung Galaxy S24 FE. This is how I plan to travel this summer. #TravelMath #GalaxyS24FE #GalaxyAI #Contiki ♬ original sound – Nokwanda Gumede

     

    @ash_sewlal You buy a Samsung Galaxy S24 FE, you get up to 40% off on a Contiki trip, which means you’re saving money, which means you’re basically making money – seems like a no brainer to me @Samsung South Africa @Contiki | Travel Together #TravelMaths #GalaxyS24FE #GalaxyAI #Contiki ♬ original sound – Ash Sewlal

     

    @minojaa And gurla you actually can’t stop me bc I already have the Samsung Galaxy S24 FE but it makes sense right?? Up to 40% off my next Contiki trip just for getting a phone? I basically got the phone and pocket money for free! @Samsung @Contiki | Travel Together #GalaxyS24FE #GalaxyAI #TravelMath #Contiki ♬ original sound – Nintendo

     
    [1]Terms and Conditions Apply. Redemption through Samsung Members app. Contiki voucher Ts & Cs apply. Participating operators and retailers Ts &Cs apply.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung Expands Its Galaxy Wearables Ecosystem in India to Bring Premium Healthcare Experience with Galaxy Ring Starting INR 38999

    Source: Samsung

     
    Samsung, India’s largest consumer electronics brand, today announced the launch of its highly anticipated Galaxy Ring in India. Providing a sleek, stylish and compact form factor, this latest addition to the wearable’s portfolio is central to Samsung’s vision for Galaxy AI to enhance digital health, delivering personalized insights and tailored health experiences to customers.
     
    The launch of Galaxy Ring marks a new step in active and autonomous health management, moving beyond mere monitoring to offer users valuable guidance for healthier lifestyles. Galaxy Ring features advanced sensors that provide insights to help users understand their lifestyle patterns, helping them to manage their health goals.
     
    Designed for 24/7 health monitoring, Galaxy Ring offers a simple approach to everyday wellness. Blending timeless style with revolutionary functionality, it will be available in 9 different sizes, ranging from Size 5 to Size 13. Weighing just 2.3 grams for Size 5 with a width of just 7.0 mm, Galaxy Ring is ultra-lightweight, making it ideal for all-day wear. The weight of Galaxy Ring varies with size, going up to 3 grams for the biggest size (Size 13). Its distinct concave design adds a touch of elegance while maintaining durability. Despite its size, the device offers up to 7 days of battery life encased in a specially designed charging case that features aesthetic LED lighting to indicate charging status. The charging case comes with a clamshell design reminiscent of a jewellery box.
     
    Engineered with premium materials, including a titanium finish for enhanced durability, Galaxy Ring is IP68 water- and dust-resistant and can withstand depths of up to 100 meters with its 10ATM rating. This makes Galaxy Ring a sophisticated yet rugged accessory, perfect for all use cases.
     
    “The launch of Galaxy Ring marks a massive leap in Samsung’s commitment to democratize cutting-edge technology for everyone, helping users turn data in to meaningful insights and create a whole new era of expanded, intelligent health experiences. Galaxy Ring is not just another wearable, it’s a revolutionary health-tech device that blends innovation with accessibility. With advanced AI-driven insights, 24/7 health monitoring and a sleek, lightweight design, it empowers users to seamlessly track their wellness anytime, anywhere. With Galaxy Ring, we’re paving the way for a healthier, more connected future for all,” said Aditya Babbar, Vice President, MX Business, Samsung India.
     
    Powered by Samsung’s proprietary “Health AI”, Galaxy Ring delivers real-time insights intuitively, so users can simply wear it and let the AI-driven insights work in the background, providing personalized recommendations and wellness tips. All data and insights are integrated into Samsung Health for seamless access within one cohesive platform without a subscription.
     
    Starting with sleep, Galaxy Ring features Samsung’s best-in-class sleep analysis and a powerful sleep AI algorithm. Along with Sleep Score and snoring analysis, new sleep metrics such as movement during sleep, sleep latency, heart and respiratory rate provide a detailed and accurate analysis of sleep quality.
     
    Additionally, Galaxy AI generates a detailed health report that includes health metrics like Energy Score to enhance consumer’s awareness of the ways their health influences your daily life. This score is calculated by evaluating physical and mental capacity across four significant factors: Sleep, Activity, Sleeping Heart Rate and Sleeping Heart Rate Variability. In addition, the Wellness Tips feature is driven by comprehensive data and provides personalized insights according to user’s goals. Galaxy Ring also supports everyday wellness monitoring, allowing users to stay informed about heart health with HR monitoring providing alerts for high/low heart rates. Galaxy Ring is able to auto-detect workouts (walking & running) as well as provides inactive alerts to users keeping them motivated to achieve their goals. Furthermore, Galaxy Smartphone consumers can activate simple Gesture controls (like double pinch) on Galaxy Ring to easily take photos or dismiss alarms.  Furthermore, Galaxy Ring works seamlessly when worn simultaneously with Samsung Galaxy Watch providing enhanced accuracy of health and wellness tracking and improved battery life (up to 30%)
     
    Design, Availability and Pricing
    Galaxy Ring starts at INR 38999 and will be available on Samsung.com, select retail stores, Amazon.in and Flipkart.com.
     
    Empowering consumers to stay true to their personal style with three colour choices — Titanium Black, Titanium Silver and Titanium Gold, Galaxy Ring is poised to fit comfortably on users’ fingers like a traditional ring. Customers who are unsure about their ring size have the option to first get a sizing kit to verify the best fit before purchasing Galaxy Ring.
     
    Customers can also purchase the Galaxy Ring starting at just INR 1,625 per month with 24 months No Cost EMI across leading bank cards as well as financing through Samsung Finance+ and Bajaj Finance. In addition, Samsung is also offering a 25W Travel adapter to customers who purchase Galaxy Ring until 18th October, 2024.

    MIL OSI Economics –

  • MIL-OSI: Gilat Satellite Networks to Present at the 17th Annual LD Micro Invitational Conference

    Source: GlobeNewswire (MIL-OSI)

    PETAH TIKVA, Israel, Oct. 16, 2024 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it will be presenting at the 17th annual LD Micro Invitational on Wednesday, October 30, at 8 am PT at the Luxe Sunset Boulevard Hotel in Los Angeles. Gil Benyamini, Chief Financial Officer, will be giving the Gilat presentation.

    In addition, Mr. Benyamini, Gilat’s CFO and Ms. Mayrav Sher (Head of Finance & IR) will be available for one-on-one meetings with investors throughout the conference days. To schedule a meeting please contact an LD Micro representative or email a request to the Gilat investor relations team at Mayravs@gilat.com.

    We invite interested parties to register to watch the presentation remotely at Here.

    About LD Micro
    LD Micro, a wholly owned subsidiary of Freedom US Markets, was founded in 2006 with the sole purpose of being an independent resource in the micro-cap space. Whether it is the Index, comprehensive data, or hosting the most significant events annually, LD’s sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies. For more information on LD Micro, visit http://www.ldmicro.com.

    Please reach out to the company representative below or Dean Summers (dean@ldmicro.com) to register for the event and schedule a meeting with the company.

    To learn more about Freedom US Markets, visit http://www.freedomusmkts.com.

    About Gilat 
    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we create and deliver deep technology solutions for satellite, ground, and new space connectivity and provide comprehensive, secure end-to-end solutions and services for mission-critical operations, powered by our innovative technology. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Our portfolio includes a diverse offering to deliver high-value solutions for multiple orbit constellations with very high throughput satellites (VHTS) and software-defined satellites (SDS). Our offering is comprised of a cloud-based platform and high-performance satellite terminals; high-performance Satellite On-the-Move (SOTM) antennas; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense, field services, network management software, and cybersecurity services.

    Gilat’s comprehensive offering supports multiple applications with a full portfolio of products and tailored solutions to address key applications including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com 

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the current terrorist attacks by Hamas, and the war and hostilities between Israel and Hamas and Israel and Hezbollah. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact: 
    Gilat Satellite Networks
    Hagay Katz, Chief Products and Marketing Officer 
    hagayk@gilat.com

    Gilat Satellite Networks
    Mayrav Sher, Head of Finance and Investor Relations 
    mayravs@gilat.com

    The MIL Network –

  • MIL-OSI: Arctic Wolf 2024 Human Risk Behavior Snapshot Reveals Nearly Two-Thirds of Security and IT Leaders Have Fallen for Phishing Attacks

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., Oct. 16, 2024 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today published findings from its 2024 Human Risk Behavior Snapshot based on a global survey the company commissioned with Sapio Research of more than 1,500 senior IT and security decision-makers and end- users from over sixteen different countries.

    As modern threat actors gain access to increasingly more sophisticated AI tools, employees play an even more critical role in their organizations cyber defenses. The 2024 Arctic Wolf Human Risk Behavior Snapshot aims to provide business leaders and security practitioners with a better understanding of the people practices and behaviors in their organizations in a post gen-AI world and offer insight into common human risk elements.

    Key findings from the report include:

    • Consequences for Human-Related Security Failures are Steep: 27% of IT leaders have witnessed an employee termination for falling victim to a scam.
    • IT Leaders Prove to be Delinquent in Security Practices: More than a third (36%) of IT leaders have disabled security measures on their system.
    • Overconfidence Rings True for IT Professionals: 80% of IT leaders are confident their organization won’t fall for a phishing attack, despite the fact that 64% have clicked on phishing links themselves.
    • Password Reuse is Still a Significant Challenge: 68% of IT and cybersecurity leaders admit to reusing system passwords.
    • AI Policies Still in Early Adoption: 60% of IT leaders say their organization has an AI policy—but less than a third (29%) of end users are aware of it.

    “Protecting against the human element is a concern security practitioners have held as a top priority for years – and the data in the 2024 Arctic Wolf Human Risk Behavior Snapshot proves both leaders and end users still have a lot of work to ensure that they as individuals aren’t adversely impacting the overall security of their organizations,” said Adam Marre, chief information security officer, Arctic Wolf. “Cybersecurity isn’t just about technology—it’s about people. As threat actors grow more sophisticated, security leaders must move beyond traditional security training methods and adopt a comprehensive human risk management strategy that will not only help them to better identify and mitigate threats, but more importantly foster a more proactive and security-conscious workforce.”

    Security awareness training has historically been a core pillar of security operations, but traditional training solutions that operate on an annual cadence and offer a “check the box” approach to compliance are wildly ineffective, leaving employees unengaged and uninformed about the latest attacks targeting them. This snapshot report reveals how important it is for IT and security leaders to embrace the concept of human risk management within their organizations and explores how solutions such as Arctic Wolf Managed Security Awareness can help create a security culture instead of a culture of blame.

    For additional insights from Arctic Wolf’s Human Risk Behavior Snapshot, visit arcticwolf.com to download the full report and register for the 2024 Cybersecurity Awareness Month Summit by region below:

    Additional Resources:

    About Arctic Wolf:
    Arctic Wolf® is a global leader in security operations, enabling customers to manage their cyber risk in the face of modern cyber-attacks via a premier cloud-native security operations platform. The Arctic Wolf Security Operations Cloud ingests and analyzes more than 5.5 trillion security events a week to help enable cyber defense at an unprecedented capacity and scale, empowering customers of virtually any size across a wide range of industries to feel confident in their security posture, readiness, and long-term resilience. By delivering automated threat protection, response, and remediation capabilities, Arctic Wolf delivers world-class security operations with the push of a button so customers can defend their greatest assets at the speed of data.

    Press Contact:
    Lauren Back
    pr@arcticwolf.com

    © 2024 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Arctic Wolf Platform, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI: Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis

    Source: GlobeNewswire (MIL-OSI)

    In H1 2024, 5.7% of all attempted digital transactions originating from Canada were suspected to be Digital Fraud; more than half (54%) of Canadians said they were recently targeted by fraud attempts.

    Canadian business leaders said their companies lost approximately 6% of their equivalent revenue – representing $78 billion – over the past year due to fraud.

    TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with nearly 5.74% of all attempted digital transactions where the consumer was located in Canada involving suspected Digital Fraud, revealed a new TransUnion® (NYSE: TRU) analysis. This is nearly an 11% year-over-year (YoY) rate increase from H1 2023, and TransUnion also documented an 11% increase in the volume of suspected Digital Fraud from Canada during this period, despite a less than a one percent (0.7%) YoY increase in the volume of transactions.

    According to a recent TransUnion survey,1 more than half (54%) of Canadians said they were recently targeted by email, phone call or text message fraud attempts. Phishing was the most common scheme type (45%), followed by smishing (42%) and vishing (39%).

    The increasing use of digital transactions, combined with rising suspected Digital Fraud attempts are also impacting businesses as they potentially face revenue losses and increased operational costs due to fraud. According to a TransUnion business survey for the H2 2024 Update to the State of Omnichannel Fraud report, 200 Canadian business leaders said their companies lost approximately 6% of equivalent revenue – representing $78 billion – over the past year due to fraud. The most prominent causes of fraud loss cited by them were:

    • Scam/Authorized fraud (31%): Dishonest scheme intended to trick a person into giving up something of value (e.g., account access, money, information)
    • Account takeover (19%): Unauthorized individuals taking over someone’s online account (e.g., bank, social media, email) without their permission
    • Synthetic identity fraud (18%): Use of a combination of personal information to fabricate a person or entity to commit a dishonest act for financial or personal gain

    TransUnion also found that suspected Digital Fraud attempts – where the consumer was transacting in Canada and targeted businesses globally – increased on average by 10.5% YoY in H1 2024 compared to H1 2023 and impacted all industries.

    Top Three Industries Globally with Highest Rate of Suspected Digital Fraud Attempts Coming from Canada in H1 2024

    1. Gambling (online sports betting, poker, etc.) – 9.6%
    2. Retail – 9.2%
    3. Government – 7.7%

    Top Three Industries Globally with Highest YoY Increase (H1 2024 vs H1 2023) in the Rate of Suspected Digital Fraud Attempts Coming from Canada

    1. Logistics – 172.9%
    2. Gambling – 79.3%
    3. Video gaming – 67.8%

    “Protecting customers and their businesses from fraud is essential to enabling safe and tailored consumer experiences. These findings reveal that despite the good-faith efforts that are being undertaken by companies to identify and prevent fraud to date, fraudsters continue to evolve and it’s vital that fraud prevention methods keep up with the changing times,” said Patrick Boudreau, head of identity management and fraud solutions at TransUnion Canada.

    “Businesses that aren’t already doing so should ensure that they are taking advantage of fraud prevention technologies such as identity verification, IP intelligence, device reputation and synthetic identity detection as critical components of their fraud prevention programs,” he added.

    For more insights, read the H2 2024 Update to the State of Omnichannel Fraud report.

    About the Analysis
    TransUnion came to its conclusions about Digital Fraud based on intelligence from its identity and fraud product suite that helps secure trust across channels and delivers efficient consumer experiences – TransUnion TruValidate® The rate or percentage of suspected Digital Fraud attempts reflect those that TransUnion customers determined met one of the following conditions: 1) denial in real time due to fraudulent indicators, 2) denial in real time for corporate policy violations, 3) determined to be fraudulent upon customer investigation, or 4) determined to be a corporate policy violation upon customer investigation —compared to all transactions it assessed for fraud. 

    Specific country and regional data in the report include the United States, Botswana, Brazil, Canada, Chile, Colombia, the Dominican Republic, Hong Kong, India, Kenya, Mexico, Namibia, the Philippines, Puerto Rico, Rwanda, South Africa, Spain, the United Kingdom and Zambia.

    Consumers who believe they may be a victim of fraud can find resources and information here.

    About TransUnion®(NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, including Canada, where we’re the credit bureau of choice for the financial services ecosystem and most of Canada’s largest banks. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this by providing an actionable view of consumers, stewarded with care.

    Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.
    For more information visit: http://www.transunion.ca

    ____________________
    1 TransUnion Q3 2024 Consumer Pulse survey of 1,000 consumers – conducted between July 16–23, 2024.

    The MIL Network –

  • MIL-OSI: Medallion Financial Corp. to Report 2024 Third Quarter Results on Tuesday, October 29, 2024

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, as well as loan products and services offered through fintech strategic partners, announced today that it will report its results for the quarter ended September 30, 2024, after the market closes on Tuesday, October 29, 2024.

    CONFERENCE CALL AND WEBCAST INFORMATION

    A conference call to discuss the financial results will be held the next morning, October 30, 2024.

    How to Participate

    • Date: Wednesday, October 30, 2024
    • Time: 9:00 a.m. Eastern time
    • U.S. dial-in number: (833) 816-1412
    • International dial-in number: (412) 317-0504
    • Live webcast: Link to Webcast of 3Q24 Earnings Call

    A link to the live audio webcast of the conference call will also be available at the Company’s IR website.

    Replay Information

    The webcast replay will be available at the Company’s IR website until the next quarter’s results are announced.

    The conference call replay will be available following the end of the call through Wednesday, November 6.

    • U.S. dial-in number: (844) 512-2921
    • International dial-in number: (412) 317-6671
    • Passcode: 1019 3247

    INDIVIDUAL MEETING INFORMATION

    To increase relations with institutional investors, management has dedicated time to hosting individual meetings with portfolio managers and analysts after its earnings conference call. If you are interested in scheduling a meeting with management, please contact investorrelations@medallion.com or (212) 328-2176.

    About Medallion Financial Corp.

    Medallion Financial Corp. (NASDAQ:MFIN) and its subsidiaries originate and service a growing portfolio of consumer loans and mezzanine loans in various industries. Key industries served include recreation (towable RVs and marine) and home improvement (replacement roofs, swimming pools, and windows). Medallion Financial Corp. is headquartered in New York City, NY, and its largest subsidiary, Medallion Bank, is headquartered in Salt Lake City, Utah. For more information, please visit http://www.medallion.com.

    Company Contact:

    Investor Relations
    212-328-2176
    InvestorRelations@medallion.com

    The MIL Network –

  • MIL-OSI: LanzaTech Awarded $3 Million from U.S. Department of Energy to Advance Conversion of Waste CO2 into Valuable Chemicals

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Oct. 16, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, has been awarded $3 million by the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM), as part of a broader $29 million investment program to advance its carbon management priorities. LanzaTech’s Project ADAPT (“Accelerating Decarbonization via Advanced Production Technologies”) was selected to address FECM’s priority of converting carbon dioxide (CO2) into environmentally responsible and economically valuable products.

    LanzaTech’s Project ADAPT builds upon the Company’s existing capabilities of using CO2 as a feedstock to produce isopropanol at a pilot scale and aims to advance the process and platform with the following key focus areas:

    1. Versatility in Feedstock Use: Enhancing the platform’s ability to process a range of gas mixes with CO2
    2. Microbial Strain Optimization: Employing advanced gene-editing techniques to develop tailored microbial production strains for making isopropanol and other prevalent chemicals
    3. Cost and Efficiency Improvements: Refining the end-to-end process to be more cost-effective, efficient, and more robust

    Isopropanol is a common alcohol used in an array of everyday products such as cleaning agents and is also a precursor to the propylene value chain. Propylene, which is a building block for packaging, medical supplies, automotive products, among many other applications, has a thriving demand market that is projected to approach $150 billion and 180 million tons by 2030. Importantly, isopropanol production has the ability to achieve greenhouse gas savings of over 200% when produced from recycled CO2 instead of fossil carbon, and a non-fossil commercial production pathway does not exist today.

    Project ADAPT will primarily be funded by the FECM investment of $3 million and includes a Company funded cost share portion of approximately $0.8 million, totaling an estimated project cost of $3.8 million. Revenue and costs related to this project will be reported as Joint Development Agreement and Contract Research results for LanzaTech, and the majority of revenue is expected to be received and benefit financial results in 2025 and 2026.

    “We are thrilled to receive this support from the U.S. Department of Energy to progress our work around scaling the conversion of waste CO2 to make some of the world’s most needed chemicals,” said Dr. Jennifer Holmgren, CEO of LanzaTech. “CO2 is an essential feedstock of today and the future, and Project ADAPT leverages our expertise and existing operations to accelerate the commercialization of transformational carbon capture and utilization technologies that deliver cleaner and more sustainable energy and products.”

    The projects supported by FECM’s investment program are in keeping with the Biden-Harris Administration’s aggressive climate ambitions of reaching a carbon-neutral power sector by 2035 and net-zero greenhouse gas emissions by 2050.

    About LanzaTech
    LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its biorecycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Zara, H&M Move, Coty, On, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.

    Forward Looking Statements
    This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs, assumptions, projections and conclusions of LanzaTech’s management. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, many of which are outside LanzaTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are not guarantees of future performance, conditions or results, and you should not rely on forward-looking statements.

    Generally, statements that are not historical facts, including those concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar expressions. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:

    • Timing delays in the advancement of projects to the final investment decision stage or into construction;
    • Failure by customers to adopt new technologies and platforms;
    • Fluctuations in the availability and cost of feedstocks and other process inputs; • The availability and continuation of government funding and support;
    • Broader economic conditions, including inflation, interest rates, supply chain disruptions, employment conditions, and competitive pressures;
    • Unforeseen technical, regulatory, or commercial challenges in scaling proprietary technologies, business functions or operational disruptions; and
    • Other economic, business, or competitive factors, and other risks and uncertainties, including the risk factors and other information contained in LanzaTech’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as well as other existing and future filings with the U.S. Securities and Exchange Commission.

    Any forward-looking statement herein is based only on information currently available to LanzaTech and speaks only as of the date on which it is made. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    LanzaTech Global, Inc.

    Investor Relations
    Kate Walsh
    VP, Investor Relations & Tax
    Investor.Relations@lanzatech.com

    Media Relations
    Kit McDonnell
    Director of Communications
    press@lanzatech.com

    The MIL Network –

  • MIL-OSI Russia: NSU presented the program of the upcoming scientific and production forum “Golden Valley” at the TASS press center

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    Today, a press conference dedicated to the upcoming Golden Valley forum was held at the TASS press center in Novosibirsk.

    Rector of NSU, Academician of the Russian Academy of Sciences Mikhail Fedoruk, speaking about the reasons for holding the forum, noted:

    — Now, due to the development of the university, due to the fact that it has significantly expanded in scale and in the number of faculties, students and the projects that it carries out, it plays the role of a center of attraction on the territory of the Novosibirsk Scientific Center. This is facilitated by the university’s participation in all key federal development programs, such as “Priority 2030”, Advanced Engineering Schools, Creation of a Network of Modern Campuses, etc. The university is beginning to more actively position itself as a leading educational and scientific-technological center. Therefore, we are holding the second forum, which brings together large enterprises and scientific organizations. The goal of the forum is to strengthen and develop the university’s interaction with industrial partners and in the future to attract them to joint developments and technologies already based on the university.

    Next, Alexander Lyulko, Director of the Center for Interaction with Government Authorities and Industrial Partners of NSU, spoke in more detail about the forum program. This year it includes a business part – these are plenary sessions and sections on various topics; an exhibition of projects, technologies and developments; negotiations (a platform for signing agreements and contracts between forum participants); and a cultural and entertainment program with a scientific twist.

    There will be two plenary sessions within the framework of the “Golden Valley”: on the first day – on the topic “Requests of the real sector of the economy for the creation of new technologies”; on the second day – on the topic “Scientific developments for industry”. Within the framework of the second session, developments of NSU and scientific organizations of Akademgorodok, which may be of interest to industrial partners, will be presented.

    The forum will have 8 sections: Aviation; Unmanned systems; Mechanical engineering. Instrument making; Artificial intelligence in industry and robotics; Energy; Smart city technologies. Construction; Agriculture; Medicine; and a round table “Personnel for industry” will also be held.

    Among the key speakers from government and business: Sergey Semka, Deputy Governor of the Novosibirsk Region; Vadim Vasiliev, Minister of Science and Innovation Policy of the Novosibirsk Region; Sergey Tsukar, Minister of Digital Development and Communications of the Novosibirsk Region; Anna Korotchenkova, Vice President for Technology at AFK Sistema; Viktor Slavyantsev, Head of Highest Category Innovative Development Projects at Rostec State Corporation; Evgeny Pavlov, Head of Innovative Development Department at United Engine Corporation; Konstantin Kotlyarov, Head of R&D at AvtoVAZ, etc.

    On behalf of the scientific community: Aleksandr Rumyantsev, Academician of the Russian Academy of Sciences, President of the Dmitry Rogachev National Medical Research Center for Pediatric Hematology, Oncology and Immunology of the Ministry of Healthcare of the Russian Federation, State Duma Deputy; Sergey Alekseenko, Academician of the Russian Academy of Sciences, Scientific Director of the Institute of Thermophysics of the Siberian Branch of the Russian Academy of Sciences; Mikhail Voevoda, Academician of the Russian Academy of Sciences, Deputy Chairman of the Siberian Branch of the Russian Academy of Sciences, Director of the Federal Research Center for Fundamental and Translational Medicine; Aleksandr Latyshev, Academician of the Russian Academy of Sciences, Director of the Institute of Semiconductor Physics; Dmitry Markovich, Academician of the Russian Academy of Sciences, First Deputy Chairman of the Siberian Branch of the Russian Academy of Sciences, Director of the Institute of Thermophysics of the Siberian Branch of the Russian Academy of Sciences; Sergey Netyosov, Academician of the Russian Academy of Sciences, Head of the Laboratory of Biotechnology and Virology, NSU Natural Sciences Department; Sergey Abin, Director of the Institute of Automation and Electrometry, Corresponding Member of the Russian Academy of Sciences; Dmitry Kudlai, Vice President for the Implementation of New Medical Technologies at Generium JSC, Corresponding Member of the Russian Academy of Sciences and others.

    This year, the forum program will be expanded with satellite events. This is primarily a technology exhibition, where NSU will present its developments, as well as a tour of the university’s innovation centers and laboratories. Also, over the course of three days, the NSU career forum will be held, which will bring together major employers interested in collaborating with the university.

    The Golden Valley will host strategic sessions on the following topics: “Digital Transformation: Artificial Intelligence in Solving Public Sector Problems”, which will be chaired by Sergey Tsukar, Minister of Digital Development and Communications of the Novosibirsk Region; “Chemical Technologies and Deep Processing of Raw Materials” (organized by the Interregional Association “Siberian Agreement”); “Development of Entrepreneurship Technologies in Universities in the Interests of Industry”.

    The forum is expected to see the signing of a number of agreements between NSU and industrial partners on joint developments, the implementation of projects in the field of introducing new technologies, including artificial intelligence, and the creation of consortiums and associations to solve industry problems.

    We remind you that the forum is held with the support of the Office of the Plenipotentiary Representative of the President of the Russian Federation in the Siberian Federal District, the Interregional Association “Siberian Agreement”, the Government of the Novosibirsk Region, the Siberian Branch of the Russian Academy of Sciences, the Council of Rectors of Universities of the City of Novosibirsk and the Technopark of the Novosibirsk Akademgorodok.

    The Forum’s Program Committee is headed by the Rector of NSU, Academician of the Russian Academy of Sciences M.P. Fedoruk. It includes the Chairman of the Siberian Branch of the Russian Academy of Sciences, Academician V.N. Parmon, ministers of the Novosibirsk Region government, heads of leading institutes of the Russian Academy of Sciences, directors of industrial enterprises, the Chairman of the Council of Rectors of Universities, representatives of the largest state corporations – Rostec, Rosatom, UEC, government bodies, academic institutes, development institutes of Novosibirsk and other Russian cities.

    All information about the forum, current program, news are presented on the website: http://zd.nsu.ru/

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

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

    http://vvv.nsu.ru/n/media/nevs/science/ngu-presented-the-program-of-the-upcoming-scientific-production-forum-golden-valley-in-press-ts/

    MIL OSI Russia News –

  • MIL-OSI Russia: Polytechnicians at the St. Petersburg International Gas Forum

    MILES AXLE Translation. Region: Russian Federation –

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

    Last week, the St. Petersburg International Gas Forum 2024 (SPIGF-2024) was held at the ExpoForum Convention and Exhibition Centre, in the exhibition and scientific-business programme of which the Polytechnic University traditionally takes an active part.

    The forum visitors were able to get to know the university better in the Polytechnic’s unified catalogue. More than eight pages were devoted to the main areas of activity of the Institute of Mechanical Engineering, Materials and Transport.

    SPIGF is one of the key global events in the gas industry. The participation of Polytechnic divisions in the exhibition program of the forum opened up a wide range of opportunities for meeting potential customers and exchanging experience, says Anatoly Popovich, Director of IMMiT.

    Specialists from the Laser and Additive Technologies Research Laboratory (LIAT) at IMMiT presented their developments at the Polytechnic stand: components of the hot tract of gas turbine engines repaired by laser cladding, 7 and 10 mm thick samples welded in one pass without edge preparation using laser welding and hybrid laser-arc welding, and the mobile laser cladding complex “Nomad”, designed to restore large-sized products on the customer’s premises.

    If for some reason the enterprise cannot bring the product to the laboratory, then its specialists go to the site with a mobile complex. At the moment, they have already restored four rotors of the GTK-10-4 gas pumping units. In the laboratory itself, the “Nomad” is also used for laser welding and restoration of smaller products.

    The forum’s rich program brought together all the most advanced and significant areas of the industry. The opportunity to present the developments of the research laboratory at the forum made a significant contribution to determining the optimal scenarios for the further development vector of the division, – shared Mikhail Kuznetsov, head of the Scientific Research Laboratory “LiAT” of IMMIT SPbPU.

    The Institute of Industrial Management, Economics and Trade presented educational programs created and implemented in partnership with PJSC Gazprom and its subsidiaries at the SPbPU exhibition stand: two master’s programs and two programs of additional professional education. The master’s program “IT Economics and Business Analysis” is a corporate master’s program of the university and Gazprom Neft, aimed at training specialists in the field of business analysis. This master’s program is reinforced by modules of specialized focus and project activities within the framework of research work built on business cases of Gazprom Neft. At the forum, we productively discussed with our partners strategic plans for the development of new corporate educational programs and other areas of joint activity taking into account current changes in the economy, – said Irina Rudskaya, Director of the Scientific and Educational Center for Information Technology and Business Analysis of Gazprom Neft.

    The Master’s program “Human Resources Management and Organizational Development”, created and implemented jointly with Gazprom Gazifikatsiya with the information and status support of the presidential platform of the ANO “Russia – Country of Opportunities”, was presented by the Higher School of Industrial Management of IPMEiT. The program was developed based on practical tasks and requests of the university’s corporate partners and is aimed at training specialists capable of implementing organizational design at all stages of the company’s life cycle, forming the company’s HR brand, developing and implementing a human resource management strategy based on building individual personnel development trajectories.

    This year, together with our partners Gazprom Gazifikatsiya, Gazprom Pitanie and the Russia — Land of Opportunities platform, with grant support from Gazprom, we created six online courses that we modularly integrated into the program’s curriculum, explained Olga Kalinina, Director of the Higher School of Industrial Management.

    Based on the created online courses, IPMEiT also presented two continuing education programs on motivation, personnel selection and personnel branding, developed for specialists in the field of HR management and heads of structural divisions of the oil and gas and energy industries. The presentation of the continuing education programs was attended by a student of the master’s program “Digital Business Management”, specialist of the personnel efficiency support group of Gazprom Neft exploration and production Ekaterina Khodarkevich, and a student of the bachelor’s program “Oil and Gas Enterprise Management”, an employee of the marketing department of Gazpromneft-SM Daniil Guryev.

    Professor of the Higher School of Industrial Management Alexander Ilyinsky took part in the round table of the Energy Initiative “International Business Congress” on the topic “Promising technologies for monetizing natural gas and ensuring energy security”. Alexander Ilyinsky also held business negotiations with the General Director of Gazprom Flot Yuri Shamalov, where they discussed promising areas of cooperation in the field of educational and scientific activities.

    Aleksandr Volkov, a practicing teacher, associate professor at the Higher School of Industrial Management, and CEO of the Grand Media Service communications agency, moderated the conference “Gas Industry Companies in New Realities: How to Be Most Effective in PR and Digital Communications?” and gave a presentation on a proven tool for comprehensive promotion in the gas industry, Public Performance. Among the audience were students from the Higher School of Industrial Management studying in the educational programs “Marketing” and “Oil and Gas Enterprise Management”.

    Students of the Higher School of Engineering and Economics took part in the round table “Distributed generation as a solution to the problems of energy-deficient regions”, where the prospects for implementing innovative solutions for distributed generation were discussed: own generation of electricity and heat supply.

    Students of the Higher School of Administrative Management, led by the head of the IPMEiT Directorate, Associate Professor of the Higher School of Administrative Management Maxim Ivanov, attended the conference “New Technologies for the Oil and Gas Industry”, the panel session “Technological Leadership: New Horizons” and the round table “Current Issues of Legislative Support for the Oil and Gas Industry”. They got acquainted with samples of modern equipment and advanced technologies at the RosGazExpo exhibition, an exposition of the subjects of the Russian Federation, which presented projects demonstrating their potential in the oil and gas sector.

    Such forums captivate with their scale and friendly, but at the same time businesslike atmosphere. The stand of the Polytechnic University stood out from the rest and attracted many visitors, it was impressive. We went around the stands that were related not only to the oil and gas industry, but also to the agricultural, transport industry and to the specialization of various regions of Russia. We learned that many representatives of large companies are graduates of the Polytechnic University, and, of course, they were happy to tell us about their work, – the students of the Higher School of Economics shared their impressions.

    Students of the Higher School of Industrial Management of the educational programs “Industrial Management (Energy)” and “Management of Oil and Gas Enterprises” together with teachers Olga Konovalova and Vyacheslav Melekhin participated in the round table “Union of Science and Industry in the Transformation of the World Energy Market”, where current issues and trends in the development of the international energy market, transformation of the gas market, the role of international cooperation and joint educational programs were discussed.

    The Gas Forum is certainly a large-scale event that has become a platform for demonstrating the technological and innovative capabilities of the domestic industry. For our students, this is an invaluable experience of participating in one of the most important events in the Russian economy, says Olga Konovalova, associate professor at the Higher School of Management and Management.

    Students of IPMEiT demonstrated significant results in the Virtual Academy from Gazprom. From June 3 to July 15, as part of the preparation for the SPIGF-2024 Youth Day, an educational program and selection round of the Virtual Academy project were held. This year, more than 130 candidates from 30 countries representing 45 universities participated in it. The Virtual Academy program included lectures in English by leading experts and scientists in the field of energy and information technology. Participants completed individual tasks and submitted them for expert assessment. As a result of the competitive selection, only 30 candidates with the best results received an invitation to the Youth Day. Among them, three students of the Higher School of Industrial Management: Nikita Kuznetsov and Leonid Alkhimovich (Bachelor’s program “International Business”) and Arab Yusof Abad Mohammad (international program “Development of International Business”). Moreover, Nikita Kuznetsov’s team, where he was the captain, took first place based on the results of participation in the case.

    This year, our institute made its small contribution to the work of the Polytechnic University at the St. Petersburg International Gas Forum. We prepared for individual events in advance, planned the participation of both adult colleagues-teachers and students. We paid special attention to the preparation of those students who already work in oil and gas and energy companies, undergo practical training or internships there, – noted the director of IPMEiT Vladimir Shchepinin.

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

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

    https://vvv.spbstu.ru/media/nevs/partnership/polytechnics-at-the-Petersburg-international-gas-forum/

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Improving our public realm to boost economic growth

    Source: City of Birmingham

    Published: Wednesday, 16th October 2024

    Improvements to the city centre public realm continues with the completion of groundworks in Victoria Square and pedestrianised zone in Waterloo Street.

    Funding has come from the government’s Transforming Cities Fund via the West Midlands Combined Authority (£4m), as well as money from the city council’s Clean Air Zone revenue (£8.3m) and just under half a million pounds from the city council’s general fund.

    The scheme began with the successful restoration of The River water feature prior to the Commonwealth Games and continued with the wider works with the support of residents and businesses within Colmore Row, Waterloo Street and Victoria Square.

    The scheme aims to provide greater priority for pedestrians and cyclists and enhanced signage and wayfinding in the city centre.

    Cllr Majid Mahmood, cabinet member for transport and environment, said: “This project is really important for economic growth within the area, giving businesses within the pedestrian zone the additional spaces for outdoor hospitality which has become a wonderful asset for the city centre. Prioritising pedestrians is a really important part of our transport strategy and this project creates an attractive, welcoming and safe environment for citizens and visitors to enjoy.”

    The is also protected by ‘hostile vehicle mitigation’, providing security for all events held within the civic spaces.

    Richard Parker, Mayor of the West Midlands and chair of the WMCA, said: “It’s no secret that the hospitality industry has faced some tough challenges since the pandemic – only this week we have seen the loss of one of the city’s best restaurants – Purnells.

    “A more continental-style, alfresco experience, free from passing traffic can help attract more customers to this part of the city and that has to be a good thing for hospitality businesses and the people they employ.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Recruitment of Northern Ireland Veterans Commissioner

    Source: United Kingdom – Executive Government & Departments

    The Secretary of State for Northern Ireland invites applications for the appointment of a new Northern Ireland Veterans Commissioner.

    The Secretary of State for Northern Ireland invites applications for the appointment of a new Northern Ireland Veterans Commissioner. 

    Further details about the role of Commissioner, including terms of appointment and an application pack are available for download at:

    https://apply-for-public-appointment.service.gov.uk/roles/8403

    Alternatively, an application pack or alternative formats can be requested by email to NIVC2024@nio.gov.uk. 

    Applications should be submitted via the ‘Apply Online’ function on the Cabinet Office Website where possible:  http://publicappointments.cabinetoffice.gov.uk/

    The closing date for applications is 1 November 2024 at 4pm. Late or incomplete applications will not be accepted.

    Equality of Opportunity

    We welcome applications from all suitably experienced individuals regardless of ethnicity, religion or belief, political opinion, gender, sexual orientation, age, and disability.

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Goonhilly to boost deep space communications capacity 

    Source: United Kingdom – Executive Government & Departments

    Goonhilly will provide deep space communications services to the UK Space Agency and international partners from Cornwall, under a new contract.

    Goonhilly Earth Station

    Goonhilly Earth Station Ltd (Goonhilly) will provide deep space communications services to the UK Space Agency and international partners from its satellite Earth station in Cornwall, under a new contract announced today (16 October) during the International Astronautical Congress in Milan.  

    Space agencies and companies use a global network of large antennas to communicate with, and transfer data between, their spacecraft and controllers on Earth. As the numbers of space missions beyond Earth orbit – to destinations including the Moon – increase, the capacity of these existing services is reaching their limit.  

    Several of the world’s space agencies already share resources to cope with high demand, but this issue is predicted to deteriorate with the increase in robotic and human activity around the Moon. 

    The UK is in a unique position to provide increased capacity through facilities like Goonhilly, which is the world’s most experienced provider of commercial lunar and deep space communications services. Since 2021, Goonhilly has supported over 17 spacecraft beyond geostationary orbit, including CubeSats deployed on the Artemis-I mission. Goonhilly has also provided services for international organisations, including ESA, ISRO, and Intuitive Machines. 

    Minister for Data Protection and Telecoms, Sir Chris Bryant, said:  

    Just as digital infrastructure helps us stay connected here on Earth, this government-backed contract will play a vital role in supporting humanity’s next steps to the Moon and beyond.  

    The UK has a real competitive advantage in space and I want to exploit that to its full potential, using innovative commercial models such as those demonstrated by Goonhilly and the UK Space Agency to attract more investment, generate high-quality jobs and support our international partners.

    This new agreement between the UK Space Agency and Goonhilly will help expand existing UK capabilities, unlock new and emerging markets and support the growth of the fledgling lunar economy. It will support Goonhilly to provide more services to international agencies and companies to help them cope with the increasing global demand for deep space communications. The contract is task-based and worth up to an initial £2 million this financial year.  

    Dr Paul Bate, Chief Executive of the UK Space Agency, said: 

    Our work with Goonhilly is a great example of how the UK can benefit from the commercial opportunities associated with developing the nascent lunar and deep space economy. This contract award signals a step change in how we use different tools as a government agency to support the growing space sector and strengthen international partnerships.  

    Earth ground stations will play an increasingly important role in every part of the sector, from supporting major UK-led missions such as TRUTHS and Moonlight to enabling the next generation of broadband connectivity in low Earth orbit. Developing this critical capability will help meet both our national and international ambitions in space.

    Goonhilly Earth Station.

    With the rapid rise in lunar missions, including upcoming examples like Intuitive Machines’ IM-2, Astrobotic’s Griffin Mission One, and NASA’s Artemis-II, the UK Space Agency recognises the potential for Goonhilly’s advanced capabilities to ensure that deep space networks are able to support increasing demand for communications services.  

    The UK Space Agency and Goonhilly will work with new international partners to showcase the quality of Goonhilly’s state-of-the-art assets, robust processes, and expert team, initially demonstrating  downlink telemetry and navigation services, with a long-term goal of providing uplink services to control spacecraft in flight – services Goonhilly has already successfully provided for a number of high profile missions. 

    Executive Director of UKspace, Colin Baldwin, said:

    Goonhilly Earth Station has pioneered commercial deep space communications capabilities in the UK. This agreement will put the UK at the heart of international missions to the Moon and Mars, and will continue to give us a seat at the top table of space faring nations.

    As a founding member of the European Space Agency with strong international ties beyond Europe, the UK wants to play a leading role in addressing this issue facing the global space sector, while supporting the development of new commercial models and national capabilites, and attracting more investment into the growing sector.  

    Matthew Cosby, CTO, Goonhilly Earth Station:  

    Goonhilly is at the forefront of commercial lunar and deep space communication services, providing vital infrastructure and expertise that supports international missions to the Moon and beyond.

    As the demand for deep space communications continues to grow, this new contract enables us to expand our capacity, support more missions, and play a key role in the next chapter of space exploration. We are excited to be contributing to the global space ecosystem and strengthening the UK’s leadership in this critical area.

    Goonhilly is at the heart of a growing cluster of 300 space organisations in Cornwall and the South West of England, which generate an annual income of £600 million and employ 3,200 people.

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Youth Development Commission welcomes initiatives on youth development announced in “The Chief Executive’s 2024 Policy Address”

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Youth Development Commission:
     
         The Youth Development Commission (YDC) warmly welcomed the policy initiatives on supporting youth development in “The Chief Executive’s 2024 Policy Address” delivered by the Chief Executive, Mr John Lee, today (October 16). 
               
         The Vice-Chairman of the YDC, Mr Kenneth Leung, said, “I strongly endorse the expansion of the Youth Hostel Scheme in the past two years mentioned in the Policy Address, which responds to our young people’s aspiration to have their own living space. I also support the setting up of different youth facilities at the Kai Tak Community Isolation Facility, the Nam Cheong District Community Centre and Youth Square to provide more physical spaces for young people to engage in mutual exchange and develop individual potential. These initiatives demonstrate the Government’s determination to support youth development in the long term. I am also pleased to note that the Policy Address has put forward measures of various areas that could benefit young people, in particular helping young people to overcome hurdles in education, employment, entrepreneurship and home ownership, and also assist them to realise their life planning and seize national development opportunities.”
          
         He expressed appreciation of the Government’s acceptance of suggestions raised by members of the YDC, and said that the YDC would continue to work proactively and closely with the Government and different sectors of society to follow up on the implementation of relevant policy initiatives in the Policy Address and the Youth Development Blueprint to promote youth development on all fronts.
               
         Chaired by the Chief Secretary for Administration, Mr Chan Kwok-ki, the YDC strives to enhance policy co-ordination within the Government for promoting youth development and enable a more holistic and effective examination of and discussion on issues of concern to young people. Since its establishment, the YDC has implemented a wide spectrum of programmes to promote youth exchanges, internship, entrepreneurship, life planning, positive thinking and more. It has also actively supported the Government in formulating and implementing the Youth Development Blueprint to promote the all-round development of young people and nurture a new generation of young people with an affection for the country and Hong Kong, and are equipped with a global perspective, an aspiring mindset and positive thinking.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: New measures tackle housing issues

    Source: Hong Kong Information Services

    Chief Executive John Lee said the Government would strive to “improve livelihoods in pursuit of happiness” as he announced in today’s 2024 Policy Address that the Monetary Authority (HKMA) will adjust the maximum loan-to-value ratio for all properties to 70% and that a new system will be devised to raise standards in subdivided units (SDUs).

    Mr Lee also gave an update on efforts to increase the supply of public housing, and said steps will be taken to widen access to the housing ladder, combat public rental housing tenancy abuse, and create land to build more housing.

    The Chief Executive said that taking into account the current economic and financial environment, the HKMA will adjust the maximum loan-to-value ratio for residential and non-residential properties to 70%, regardless of the value of the properties, whether the properties are for self-use or held by companies, and whether the purchasers are first-time home buyers. The maximum debt servicing ratio for properties will be adjusted to 50%.

    Acknowledging that “housing is an issue of great public concern”, Mr Lee said public housing supply in the coming five years to 2030 will reach 189,000 units, about 80% higher than in the five years to 2027. He added that in the past two years, the average waiting time for public rental housing dropped by half a year, from a peak of 6.1 years to the current 5.5 years, and is expected to fall to 4.5 years in 2026-27.

    On the issue of SDUs in residential buildings, Mr Lee said that the Government has decided to put in place, through legislation, a new system with regard to their rental. SDUs that meet required standards will be categorised as Basic Housing Units (BHUs), and owners of substandard SDUs that are upgraded to meet these standards can apply for BHU recognition. However, following a grace period, owners who continue to rent out substandard SDUs will be held criminally liable.

    The Government will set up a system allowing owners of pre-existing SDUs under rental to register for the grace period. The Government will allow time for those registered owners to carry out the necessary conversion works. New SDUs entering the market must be recognised as up-to-standard BHUs before they can be rented out.

    The Secretary for Housing will be empowered by law to decide, upon expiry of the grace period, when to take enforcement actions against substandard SDUs by batches in an orderly manner in light of actual circumstances.

    The Government proposes that the standards of BHUs should include the provision of windows, an individual toilet and a floor area of no less than 8 sq m. The Deputy Financial Secretary and the Secretary for Housing will announce the details and seek the views of LegCo and stakeholders for drawing up the legislative proposals and related measures, such as the timetable for registration.

    Addressing the public aspiration for home ownership, Mr Lee said the Housing Authority (HKHA) is aiming to gradually adjust the ratio between public rental housing (PRH) units and subsidised sale flats (SSFs) from the current 7:3 to 6:4. Meanwhile, the ratio between Green Form and White Form in respect of Home Ownership Scheme (HOS) flats will be revised from 4:6 to 5:5 to encourage more PRH tenants to buy HOS flats. The HKHA will tighten up its Well-off Tenants Policies by raising the additional rent limit and lowering the income limit for well-off tenants, so that public resources are appropriately allocated to applicants in need.

    With regard to PRH tenancy abuse, the HKHA will launch the “Cherish Public Housing Resources Award Scheme” in January next year to offer rewards to persons who provide concrete intelligence that leads to identification of tenancy abuse.

    Mr Lee also outlined plans to create more land for housing. He said that in order to streamline land development procedures and cut red tape, the Government has promulgated an internal circular stating that all approving departments should take a facilitating role.

    He added that the Government will outsource drone inspections of external walls of buildings and unauthorised building works to enhance speed and efficiency. The purview of the Development Bureau’s Development Projects Facilitation Office will be expanded to facilitate co‑ordination with departments in expediting the approval of land use and related matters in the Northern Metropolis.

    Mr Lee gave an update on the Kau Yi Chau Artificial Islands project, reporting that the statutory environmental impact assessment process for the reclamation works will commence by the end of this year. Completion of the relevant approvals is targeted for next year.

    MIL OSI Asia Pacific News –

  • MIL-OSI Economics: Wild Bunch AG: BaFin imposes administrative fine

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    Annual financial reports / halfyearly financial reports are available in the Company Register. However, companies must provide information about when and where their financial reports are published in addition to this.

    An appeal may be lodged against the administrative fine order.

    Background information:

    Financial reports provide information on companies’ assets, financial position and results of operations. This information is important to investors because it allows them to make informed investment decisions.

    Companies such as Wild Bunch AG that are domiciled in Germany and issue securities that are traded on an organised market in Germany must publish an announcement about the date from which and the website where their annual financial reports and half-yearly financial reports are made publicly available, in addition to their availability in the company register.

    For annual financial reports, the announcement must be published no later than four months after the end of each reporting period and before the annual financial report; for half-yearly financial reports, the announcement must be published no later than three months after the end of each reporting period and before the half-yearly financial report.

    Failure to publish financial reports and announcements stating when and where these reports are made publicly available, or failure to publish such reports and announcements within the prescribed period, constitutes a contravention of sections 114 et seq. of the WpHG. BaFin may in each case impose administrative fines on companies that fail to comply with this obligation. The maximum amount for this fine is 10 million euros or up to 5% of total revenue.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Change of His Majesty’s High Commissioner to Trinidad and Tobago

    Source: United Kingdom – Executive Government & Departments 3

    Mr Jon Dean has been appointed British High Commissioner to the Republic of Trinidad and Tobago in succession to Ms Harriet Cross who will be transferring to another Diplomatic Service appointment. Mr Dean will take up his appointment during December 2024.

    Mr Jon Dean

    Curriculum vitae

    Full name: Jon Mark Dean

    2022 to 2024 N’Djamena, His Majesty’s Ambassador
    2020 to 2022 New York, Counsellor Internal
    2018 to 2020 United Nations Office of Counter-Terrorism, Secondment, New York
    2015 to 2018 FCO, Head of Iraq Team, Middle East and North Africa Directorate
    2013 to 2015  Juba, Deputy Head of Mission and Consul
    2013 Yaoundé, Deputy High Commissioner and Consul (3 months)
    2012 New York, UK Permanent Mission to the United Nations, Second Secretary Political (3 months)
    2009 to 2012 Brasília, Second Secretary Political
    2007 to 2008 FCO, Desk Officer, Kosovo
    2005 to 2007 FCO, Desk Officer, EU Environment Policy
    2005 Joined FCO

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Huawei Globally Unveils Intelligent Campus 2030 White Paper Oct 16, 2024

    Source: Huawei

    Headline: Huawei Globally Unveils Intelligent Campus 2030 White Paper
    Oct 16, 2024

    [Dubai, UAE, October 16, 2024] During GITEX Global 2024, Huawei released the Intelligent Campus 2030 white paper for markets outside China at the forum Redefining Intelligent Campus with ICTs, Maximizing Enterprises’ Intelligent Productivity with Xinghe Intelligent Campus. This white paper envisions the future of the intelligent campus.
    David Shi, Vice President of Huawei’s ICT Marketing & Solution Sales Dept, delivered an opening speech at the forum. He highlighted that as digital technology advances, the intelligent connectivity of everything will become a reality, which will allow campuses to be fully digital and intelligent. He added that future campuses will become fully perceptible, collaborative, and constantly online smart buildings that are capable of self-learning, self-troubleshooting, and making decisions and executing them independently. “Huawei is committed to bringing digital to every campus for pervasive intelligence and has been deeply involved with intelligent campuses for many years. We have proposed to redefine campuses with ICTs and have leveraged the advantages of our product portfolios to reshape campus connectivity, platform, and business. Up to now, we have helped over 1000 customers worldwide build secure, green, digital, and intelligent campuses,” said David Shi.
    David Shi, Vice President of ICT Marketing & Solution Sales Dept, Huawei

    Eric He, CEO of Huawei Campus Team, said in his speech that revolutions in energy and information take us closer to the intelligent world, where campuses will play a crucial role. As Eric He explains, we have entered the stage of intelligent campus 2.0, which is 10 Gbps, digital, intelligent, and green. During this stage, campus networks will evolve from simply transmitting data to providing quality connections, campus platforms will move beyond integrating IoT to providing data intelligence, and extensive business management will be upgraded to low-carbon operations. “Relying on ICTs to redefine campuses, Huawei looks forward to working with customers and industry peers to innovate as well as envision and build intelligent campus 2030,” he said.
    Eric He, CEO of Huawei Campus Team

    Hawn Zhao, President of the Campus Network Domain, Data Communication Product Line, Huawei, introduced Huawei’s Xinghe Intelligent Campus Solution at the forum. As enterprises are witnessing a surge in the number of devices and video conferences, their digital and intelligent office requires improved network performance, security, experiences, and O&M. Huawei’s all-scenario Wi-Fi 7 products can strengthen signals by 100% and improve concurrency by 50%. In addition, Huawei’s application experience assurance solution ensures smooth video conferences and protects VIP services from being compromised, while the Wi-Fi Shield prevents data eavesdropping to ensure 100% network security.
    Helping Customers Advance Digital and Intelligent Transformation
    Ibrahim Al Kindi, IT Director of the Arab Authority for Agricultural Investment and Development (AAAID), shared AAAID’s experience in intelligent campus construction. AAAID and Huawei have collaborated to enhance its office experiences in five areas: seamless access, intelligent office conferences, full wireless network coverage, AI-based building control, and centralized IoT device access. Ibrahim Al Kindi stated that this is just the beginning of a new era of intelligent office, and AAAID will continue to explore the digital and intelligent transformation of the office field.
    Fahad Daghriri, Chief Information Officer of Technical and Vocational Training Corporation (TVTC) in Saudi Arabia, shared how TVTC built an intelligent campus network with the help of Huawei. This network allows for wide coverage, high performance, and efficient O&M, improving mobile office for teachers and studying for students. “Our collaboration aims to achieve a win-win situation, promote digital transformation, build a one-stop campus network, create a smart education platform, and lay a solid foundation for long-term development,” said Fahad Daghriri.
    Releasing the Intelligent Campus 2030 White Paper
    Huawei globally unveils the Intelligent Campus 2030 white paper

    The campus is a basic unit in the making of a city. It is the main place where people live and work. It acts as an important carrier to boost the digital economy, and a key point to realize green and low-carbon transformation. In recent years, the industry has conducted in-depth exploration and cultivated practices surrounding the intelligent campus. Huawei, along with industry experts and scholars, provides insights into its future in the Intelligent Campus 2030 white paper.
    Based on the insights into and practices of global intelligent campuses, this white paper proposes a far-sighted definition of future intelligent campus along with visions for its advancement. It outlines five trends that affect intelligent campus development, systematically depicts 10 typical future scenarios, and defines six key technical features of future intelligent campuses for the first time. Innovatively, the white paper proposes a unique reference architecture for the intelligent campus and 22 quantitative indicators to predict the prospects of intelligent campuses, guiding their implementation and construction.
    Click the link to read more about the white paper: https://www.huawei.com/en/giv/intelligent-campus-2030

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Government funding secured to bring forward disused site for new homes 16 October 2024 Isle of Wight Council secures government funding to bring forward disused site for housing

    Source: Aisle of Wight

    The Isle of Wight Council has been awarded £150,000 to help bring forward a prime brownfield site for development.

    The windfall will be used to demolish the former police station in Fairlee Road, Newport, and prepare the council-owned site so that it is ready for the building of up to ten new homes.

    The funding comes from the government’s Brownfield Land Release Fund which supports councils in unlocking small and medium sites that have been previously developed and where viability issues due to abnormal costs, such as site levelling, demolition, and groundworks, are likely to prevent their future development.

    Councillor Ian Stephens, deputy leader and Cabinet member for housing and finance, said: “We are delighted to have secured funding from the Brownfield Land Release Fund.

    “This will enable us to demolish a disused building, in a prime location close to the town centre. The cleared site will speed up the delivery time for much needed new homes.”

    Council leader, Councillor Phil Jordan, added: “This scheme, using government funding, is part of a wider council project to deliver homes for residents of the Isle of Wight.

    “In clearing this site in preparation for housing, we are enabling another development to be built on and provide the homes we desperately need.

    “This is the third site we have obtained government funding for and along with other sites we are bringing forward for provision, are positively adding to the housing availability numbers on this Island at a time when demand is outstripping supply.”

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Training course on market access for governments acceding to WTO concludes in Geneva

    Source: WTO

    Headline: Training course on market access for governments acceding to WTO concludes in Geneva

    The governments represented were Azerbaijan, Bahamas, Belarus, Bhutan, Iraq, Libya, Somalia, Turkmenistan and Uzbekistan. Participants were given guidance on how to prepare initial goods offers, consolidate bilateral market access agreements and verify schedules of concessions and commitments on goods.
    Speaking at the opening session, the Director of the WTO Accessions Division Maika Oshikawa emphasised the importance of the training programme in strengthening acceding governments’ negotiation capacities. “Managing market access negotiations on goods alone can be a challenging task, even for the biggest economies with capacities,” she told participants. “This training is designed not only to equip you to start negotiations but, more importantly, to successfully conclude them.”
    The curriculum included lectures and interactive exercises organized by WTO experts. A roundtable took place with representatives of selected WTO members active in accessions and another with negotiators from recently acceded governments. The objective was to gain insights on market access negotiations with specific WTO members, known as “bilateral negotiations”. Participants also simulated the negotiation of bilateral market access agreements on goods.
    Participating in the course was Bokhodirjon Bobokulov, Chief Inspector at Uzbekistan’s State Customs Committee, who said: “I gained practical knowledge on negotiating market access, analysing non-tariff barriers and aligning trade policies with WTO principles. This training has equipped me with essential tools to engage more effectively in international trade discussions.”
    Another course participant, Sharmarke Abdi Jama, Senior Trade Advisor in the Office of the President of Somalia, underlined the importance of preparation and strategy in market access negotiations: “The course significantly enhanced my understanding of tariff schedules and taught me how to find a balance when it comes to stakeholders’ interests in the negotiations, while also aligning with global trade rules. The combination of theoretical insights and practical exercises will be particularly beneficial to my work.”
    Also taking part in the course was Diveen Abduraheem, Head of the Trade in Goods Division at Iraq’s Ministry of Trade. Underscoring the comprehensive nature of the training programme, she stressed: “Through this course, I improved my understanding of WTO rules and trade agreements. It enhanced my negotiation skills and taught me how to analyse trade data effectively. Overall, the course has prepared me for real-world trade negotiations.”
    A training course on navigating WTO rules in accession negotiations took place in December 2023.

    Share

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Michelle named Teacher of the Year by SEND group

    Source: City of Wolverhampton

    Michelle Madziak, who works at Green Park School, was nominated by colleagues for being an advocate who ensures that the voice of pupils is heard and acted on, even when pupils are non-verbal, and for finding solutions to potential barriers in order for pupils to progress.

    Headteacher Lorraine Dawney said: “We and the Governors want to celebrate the positive impact Michelle has made and the joy and successful outcomes pupils have in their learning.”

    Assistant Headteacher Heather Martin added: “We are so proud of Michelle. Her positive attitude helps her motivate and lead many people at Green Park.

    “Her love of learning is evident in her everyday work and is passionate about the key skills pupils need to learn. Seeing that work experience opportunities for our learners are minimal, she has created ‘Deals on Wheels’ – a school shop that pupils run to increase their independence and life experience.

    “As part of the school improvement team, she also leads on whole school priorities, ensuring and assuring that all teams are achieving ambitious standards.

    “The school community love working with Michelle; she is a role model to all colleagues and we are delighted she has been named Teacher of the Year.”

    Michelle said: “It feels amazing to be recognised by my colleagues and a national association. I feel honoured to work with the pupils and they were just as excited as I was. The pupils teach me something new every day!”

    Phil Leivers, the City of Wolverhampton Council’s Head of Service, Educational Excellence, said: “This is a tremendous accolade for Michelle and I would like to congratulate her on her achievement. Teachers help students learn, grow, and develop into their best selves, and Michelle has demonstrated what an excellent job she is doing for young people at Green Park.”

    The National Association for Special Educational Needs is a charitable membership organisation that exists to support and champion those working with, and for, children and young people with SEND and learning differences.

    It provides free resources and support for all members, leading targeted programmes and projects to deliver widespread improvements, offering a structured programme of professional development, accredited training and conferences as well as a package of SEND services throughout the UK and internationally.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: We respond to your thoughts on nature

    Source: City of Plymouth

    We’re reflecting on a fabulous Summer of Nature.

    From the end of July to the beginning of September, we delivered over 50 events alongside many different communities and partner organisations and engaged with over 1,000 people.

    We ran youth projects; we played Minecraft; we planted trees; we went swimming; we met the Poole Farm animals and all the while, we asked you how you felt about nature in Plymouth.

    We had an incredible response and nearly 500 of you gave your views on the places you love and how they should be cared for in the future.

    Below, we’ve drawn out some of the key themes and provided a response to your suggestions.

    Image by Chris Parkes Photography
    You said… you wanted us to plant more trees

    Of course we will.

    Did you know that in the last three years, we have planted over 17,204 trees across 135 different sites as part of our involvement in the Plymouth and South Devon Community Forest? That’s an area equivalent to 85 football pitches! And it is something that we are proud of, with our team winning a national local government award for their efforts on this.

    Each year we make sure that we plant the right tree in the right place by careful consideration of the location including talking with local people about the plans. We also know about the challenges a changing climate will bring and the need to diversify the types of trees in the city and so we consider the tree species in this.

    We plant whips – young and slender trees, often just a few feet tall at the time of planting, maidens, which are smaller, usually three to five foot tall and standards, large trees that at the time of planting is already six to ten feet tall.

    This autumn we’ll be announcing our plans for the tree planting season ahead, with plenty of chances to get involved in planting and caring for trees throughout the year.

    You said… we need to educate young people about the benefits of nature

    Many people who fed back to our survey suggested that more could be done to educate young people about the natural world and how very important it is to look after it. We absolutely agree – we’d love to do even more outreach with young people!

    But did you know that we already run several programmes across the city?

    At Poole Farm, we run regular youth clubs focussed on outdoor skills and we run Junior Ranger sessions where young people can earn digital badges for set programmes of work.

    We run the Forest Rising programme, a youth forum which allows young people to feed into the delivery of tree planting across the city.

    Our Green Communities team is delivering a programme of nature education sessions in primary schools, secondary schools, and with youth groups, too.

    Our Climate Connections team regularly provide resource for schools and appoints Young Climate Ambassadors for carbon-conscious volunteers.

    Meanwhile, this year our National Marine Park are inviting all key stage two classes across the city to take part in the Sea in our Schools programme.

    Do we want to do more? Absolutely, and we will continue to work with partners and funding bodies to explore as many education options as possible, and give young people the chance to gain employment and build careers in looking after and improving nature sites across the city.

    You said… that the water quality of the Sound and rivers needs improvement

    It’s a hard agree from us – the water quality around Plymouth is not good enough. And although the issue is not of our making, we are determined to support improvements in the Tamar Catchment, in the Sound and along the Plym.

    Earlier this year, we held and hosted a Water Quality Select committee, which was supported by partners from the Environment Agency and South West Water.

    Representatives from the National Marine Park, University of Plymouth, Tamar Catchment Partnership, Ocean Conservation Trust and a local swimming group were also in attendance to provide insight and answer questions.

    Amongst the actions for the Council were an increased drive in education (see above!) as to what communities can do to improve water quality and to lobby government to allow Plymouth to be a pilot for an area of water quality improvement.

    South West Water, meanwhile, were tasked with ensuring their existing drainage infrastructure investment plans align with the city aspirations while the Environment Agency were asked to make water quality data from a new pilot monitoring scheme available more quickly.

    The partners involved in the select committee will be signing a Memorandum of Understanding to formalise their commitments and actions to water quality for the next ten years.

    You said… you wanted us to take better care of grass in the city.

    We hear what you’re saying on grass-cutting and we know that this year, we didn’t quite get it right. The very wet weather at the start of the year meant we couldn’t start on time and then when we did start, the rain continued to fall, and we couldn’t keep on top of the growth.

    Full disclosure; 60-40, our policy of cutting most of our grass regularly, but managing the minority for nature, is here to stay. If we want to make a difference to the biodiversity crisis; if we want nature to thrive in our city, then we have to do what we know is right.

    But what we can do is manage it differently. One of things that you said to us was that there was too much grass and not enough colour. Fair challenge. Over the winter, we’re going to look to fix that by improving a whole range of sites across the city.

    We are also going to look at how the cutting schedules are managed, how we can do more regular cuts on areas we know are prone to quick growth. This year, despite the issues, we doubled the regularity of cuts on roadside verges and playgrounds. This is something we can build on.

    You said… that litter can spoil some of our best green and blue spaces

    We agree. Littering really is the pits and the only people to blame for litter are the litterers themselves. Litter annoys us too and takes resource away from other services.

    We do carry out litter picks where we can, particularly in our larger parks and there are also some amazing local volunteer groups who help out, too, and we do our best to support them to do that. But the fact is, none of these would be needed if people took responsibility for their own waste.

    Did you know that there are 1,078 litter bins across the city and that 381 of those are in our parks or green spaces?

    You said… we need more dog poo bins in our parks and nature reserves

    Whilst we think we have generally got the right balance of bins in our parks right for the level of demand we will always listen to feedback and review provision at specific locations where concerns are raised.

    Did you know that dog poo can be put in any public litter bin?

    You said… you wanted more opportunities to get involved

    Good news in this department… we’ve got more opportunities to get involved than you can shake a stick at!

    Green Communities
    Regular opportunities to get involved across Central Park, Devonport Park and Keyham.
    Find out more: Green Communities webpage

    Plymouth Sound National Marine Park
    Get involved in a full range of volunteering programmes across Plymouth’s varied waterfront.
    Find out more: National Marine Park website

    BRIC
    Sign up a voluntary Community Flood Responder role, and our Adopt a Drain scheme. We provide training and/or equipment for the voluntary activities.
    Find out more: BRIC webpage

    Community Forest
    Regular Community Tree Nursery Volunteering every Thursday at Poole Farm.
    Community tree planting days within the city across the winter.
    Forest Rising winter programme open for registration now for young people aged 16 – 28 years old.
    Find out more: Community Forest website

    Plymouth Natural Grid
    Regular volunteer opportunities across reserves and greenspaces in the city. Practical conservation work and infrastructure/ access improvement work.
    Find out more: PNG LinkedIn

    Poole Farm
    Weekly volunteering opportunities at the farm
    Find out more: Poole Farm Facebook page

    Climate Connections
    Adults can join the Climate Ambassador volunteers programme. There is also a youth version to join as well.
    Find out more: Climate Connections website

    MIL OSI United Kingdom –

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on FIAT (105.76%), CONY (101.35%), ULTY (100.99%), YMAX (51.97%), YMAG (62.33%) and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.

    ETF
    Ticker    1    		 ETF Name Reference
    Asset    		 Distribution
    per Share    		 Distribution
    Frequency    		 Distribution
    Rate    2,4,5    		 30-Day
    SEC Yield    3    		 Ex-Date &
    Record Date    		 Payment
    Date
    YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple $0.1747 Weekly 51.97% 62.93% 10/17/2024 10/18/2024
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.2261 Weekly 62.33% 50.85% 10/17/2024 10/18/2024
    CONY YieldMax™ COIN Option Income Strategy ETF COIN $1.1098 Every 4 Weeks 101.35% 3.70% 10/17/2024 10/18/2024
    FIAT   YieldMax™ Short COIN Option Income Strategy ETF COIN $1.4513 Every 4 Weeks 105.76% 3.22% 10/17/2024 10/18/2024
    MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.5077 Every 4 Weeks 33.76% 3.33% 10/17/2024 10/18/2024
    AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.9212 Every 4 Weeks 84.48% 3.24% 10/17/2024 10/18/2024
    NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $0.7929 Every 4 Weeks 59.84% 3.45% 10/17/2024 10/18/2024
    ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.8003 Every 4 Weeks 61.67% 2.84% 10/17/2024 10/18/2024
    PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $1.1042 Every 4 Weeks 75.73% 2.94% 10/17/2024 10/18/2024
    ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.8267 Every 4 Weeks 100.99% 0.00% 10/17/2024 10/18/2024
    Scheduled for next week: YMAX YMAG MSTY YQQQ AMZY APLY AIYY DISO SQY SMCY


    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling     (833) 378-0717.

    Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the “Short ETFs”.

    Distributions are not guaranteed.   The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    1All YieldMax™ ETFs (except YMAX,YMAG and ULTY) have a gross expense ratio of 0.99%. YMAX and YMAG have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio of 1.24% but the investment adviser has agreed to a 0.10% fee waiver through at least February 28, 2025.

    2The Distribution Rate shown is as of close on October 15, 2024. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended September 30. 2024, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. As of such date, the ULTY subsidized and unsubsidized 30-Day SEC Yields were 0.00% and 0.00%, respectively. The subsidized yield reflects fee waivers in effect while the unsubsidized yield does not adjust for any fee waivers in effect.

    4 Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.

    5 As of the date hereof, distributions for the following ETFs have included return of investor capital: TSLY, OARK, APLY, AMZY, NVDY, GOOY, JPMO, XOMO, PYPY, CONY, DISO, FBY, MSFO, NFLY, SQY, AMDY, MRNY, AIYY, MSTY, ULTY, YMAX, YMAG, YBIT, SNOY, CRSH,GDXY and FIAT. For additional information, please visit http://www.YieldMaxETFs.com/TaxInfo.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Standardized Performance

    For YMAX, click here. For YMAG, click here. For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For SQY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For ULTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For PLTY, click here

    Prospectuses

    Click here.

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are in the prospectus. Please read the prospectuses carefully before you invest.

    There is no guarantee that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs and ZEGA Financial is their sub-adviser.

    THE FUND, TRUST, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX and YMAG generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer time periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTY), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer time periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given time period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, YieldMax™ ETFs or ZEGA Financial.

    © 2024 YieldMax™ ETFs

    The MIL Network –

  • MIL-OSI: Cathay Cargo Leveraged Descartes Air Cargo Tracking Solution to Help Support Safe Journey of Giant Pandas

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Australia and ATLANTA, Oct. 16, 2024 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Cathay Cargo, a global provider of air freight services, leveraged Descartes’ Bluetooth® Low Energy air cargo tracking solution for real-time condition and location monitoring of Giant Pandas An An and Ke Ke as they were safely transported from Chengdu, China to Hong Kong. The pandas arrived at Hong Kong’s international airport on September 26, 2024.

    “We’re excited that our technology played a role in the safe arrival of such a special shipment from Chengdu to Hong Kong,” said Frank Hung, VP Sales and Marketing at Descartes. “With our advanced IoT-based tracking capabilities, our customers are not only able to monitor the location of their shipments in real-time, but also shipment conditions such as temperature, light, vibration and humidity—which takes on an even more important dimension for Cathay Cargo in this unique situation.”

    Cathay Cargo has used the Descartes solution as part of its Ultra Track cargo tracking service since 2021. The solution helps the air cargo carrier provide customers with real-time shipment location and condition status for airport-to-airport moves of high value goods such as electronics, perishables and pharmaceuticals. The Ultra Track service is available in 29 airports across Cathay Cargo’s network.

    The Descartes air cargo tracking solution is designed to help airlines and ground handling agents (GHA) provide forwarding and shipper customers with end-to-end shipment visibility. Descartes Bluetooth® Low Energy powered tags placed on Unit Load Devices (ULD) or pallets provide location and condition status data that is captured by Descartes Bluetooth® Low Energy readers. Readers are part of the Descartes global Internet of Things (IoT) network and a Descartes Global Logistics Network™ service. Shipment status can be tracked whether goods are in the air or on the ground to help the air cargo community automate the end-to-end tracking of freight location and shipment status information such as precise temperature, movement, shock, light and humidity.

    “We’re pleased to have supported Cathay Cargo in this extraordinary endeavor,” said Scott Sangster, General Manager, Logistics Service Providers at Descartes. “Customers with temperature-controlled, time-sensitive and other specialized cargo expect to be kept informed of the location, condition, and chain of custody of their air shipment throughout its journey. By building out our IoT network in more geographies, deploying active readers across more locations and expanding the reach of the network, we’re helping the air cargo industry meet requirements for real-time, multi-dimensional cargo visibility and facilitate more secure, efficient, and responsive logistics operations.”

    About Cathay Cargo

    Cathay Cargo is the air-freight business division of the Cathay Group and one of the leading air-cargo operators in the world, operating from its hub in Hong Kong. Cathay Cargo provides services to more than 90+ cargo destinations around the world, operating a dedicated freighter fleet of 14 Boeing 747-8F and six 747-400ERFs (Extended Range Freighter) aircraft, in addition to cargo space on Cathay Pacific’s large fleet of passenger aircraft. The Cargo division also includes Air Hong Kong, an express cargo carrier operating in partnership with DHL, and manages Cathay Cargo Terminal at Hong Kong International Airport. It is also the cargo general sales agent for the Cathay Group’s low-cost carrier HK Express. Cathay is a member of the Swire Group and is listed on the Hong Kong Stock Exchange (HKSE). For more information, please visit http://www.cathaycargo.com.

    About Descartes

    Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at http://www.descartes.com, and connect with us on LinkedIn and Twitter.

    Global Media Contact
    Cara Strohack                                                                     
    Tel: +1(800) 419-8495 ext. 202025                                 
    cstrohack@descartes.com  

    Cautionary Statement Regarding Forward-Looking Statements

    This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ air cargo solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

    The MIL Network –

  • MIL-OSI Asia-Pac: Department of School Education & Literacy Convenes National Advisory Council Meeting

    Source: Government of India

    Department of School Education & Literacy Convenes National Advisory Council Meeting

    Shri Dharmendra Pradhan reaffirms commitment to strengthening the implementation of the RTE Act in Line with National Education Policy 2020

    Posted On: 15 OCT 2024 9:30PM by PIB Delhi

    Union Minister for Education, Shri Dharmendra Pradhan chaired the National Advisory Council meeting, focusing on strengthening the implementation of the Right to Education (RTE) Act, which primarily emphasises access to school education. The National Education Policy 2020 highlights the revision and revamping of the education structure, including its regulation and governance, to create a new system that is aligned with the aspirational goals of 21st century education by providing holistic, inclusive and multidisciplinary growth in school curriculum.

    In his keynote address, Shri Dharmendra Pradhan emphasised the Government of India’s dedication to guaranteeing universal access to quality education and reaffirmed the commitment to strengthening of school education in the country guided by the Implementation of the RTE Act,2009 and the holistic and  transformative provisions of  National Education Policy 2020. He focused on developing a thorough plan to integrate innovative teaching methods and significantly enhance learning outcomes to strengthen the educational framework in the forthcoming years. He stressed on providing a special focus on Early Childhood Care and Education (ECCE) that ensures the cognitive development of children according to the NEP 2020. Additionally, the Minister highlighted the need to formulate a comprehensive strategy for effective pedagogy and teaching methodology, with a strong emphasis on ensuring quality education, accessibility, affordability, equity and inclusivity in the implementation of educational interventions.

    Shri Sanjay Kumar, Secretary (DoSEL), addressed the transformative journey of the education policies and the commitment to achieve the vision of Viksit Bharat through the National Education Policy, 2020. He urged the council members to examine the advancements in the education sector and provide their insightful feedback to the participants.

    Shri Vipin Kumar, Additional Secretary (DoSEL), highlighted the current state of the government’s initiatives under the RTE Act of 2009, particularly the provision of free textbooks, uniforms, the Mid-Day Meal Scheme and many other interventions related to it.

    Aligned with the vision of the National Education Policy (NEP) 2020, these initiatives form the core of the Samagra Shiksha scheme, which is dedicated to enhancing the quality of education and promoting equity and inclusivity. By integrating these components, Samagra Shiksha promotes holistic development and improves learning outcomes, ensuring that every child has the necessary interventions for a seamless transition from elementary to secondary education. It was also mentioned during the discussion that while RTE Act 2009 talks about the elementary education upto class 1 to class 8 but NEP-2020 takes care of the holistic developmental needs of 15 years of school education.

    The National Advisory Committee members shared their valuable insights to create a more cohesive and equitable education system. The committee members highlighted the need to strengthen the school ecosystem, teacher education and socio-economically disadvantaged groups, as underscored in the NEP 2020. The meeting was attended by distinguished dignitaries and senior officials from the Department of School Education and Literacy and autonomous bodies of the Department.

    Additionally, Director, NCERT mentioned that 79 Primers have been developed in scheduled languages of the respective State/ UTs. These Primers are in accordance with NEP 2020, which fosters education in child’s native language to facilitate their overall development. This meeting marks a crucial step towards further strengthening the education system in India, ensuring that every child receives their right to free and compulsory education and reinforcing the principles of equity and inclusivity in education.

                                                                           

    *****

    MV/AK

    (Release ID: 2065192) Visitor Counter : 19

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  • MIL-OSI Asia-Pac: Citizen Centric approach: Comprehensive guidelines for sensitive, accessible and meaningful redressal of Central Government Pensioners’ grievances

    Source: Government of India (2)

    Citizen Centric approach: Comprehensive guidelines for sensitive, accessible and meaningful redressal of Central Government Pensioners’ grievances

    Ministries and Departments strive for redressal of Pensioners’ grievances within 21 days on CPENGRAMS

    Root cause analysis of the Pensioners’ grievances for checking the incidences of grievances

    All the Pensioners’ grievance applications to be redressed in online mode through CPENGRAMS

    Posted On: 16 OCT 2024 11:18AM by PIB Delhi

    Central  Government  has  issued  comprehensive  guidelines  after  reviewing    its    Pensioners’ grievance  redressal  mechanism  i.e.  Centralized  Pension  Grievances  Redress  and  Monitoring System  (CPENGRAMS)  to  make  it  more  sensitive,  accessible  and  meaningful  in  line  with  the vision of the Prime Minister.

    The guidelines envisage expeditious and efficient redressal of the grievances, bearing a  testimony to the citizen-centric approach of the Government of India.

    The  main  highlights  of  the  comprehensive  guidelines  for  handling  Central  government  Pensioners’ grievances are as follows:

    1.     Ministries/Departments  should  strive  to  redress  the  Pensioners’  grievances  within  21  days.  In the cases, where redressal of   the grievances requires longer time, an  interim reply may  be furnished on the portal.

    2.     The   grievance   shall   be   redressed   under   ‘whole   of   the   Government   approach’.   In   no   case, grievance shall be closed summarily by stating, ‘it does not pertain to this Office’.

    3.     The  grievance shall  not  be closed  without  its conclusive  redressal  and the  Action Taken  Report (ATR)  should  be  filled  in  with  the  supporting  information  and  documents  at  the  time  of  closure  of grievance.

    4.     Ministries/ Departments  shall  undertake  monthly  review  of  Pension  related  grievances,  pending on the portal to ensure the qualitative redressal of grievances within the prescribed time limit.

    5.     The Nodal PG Officer   shall analyze the trend of grievances and conduct a root cause analysis to check the incidence of grievances.

    6.     The applicant can file an appeal   against the redressal of his grievance within  30 days of closure of    the  grievance  and  it  shall  be  disposed  of  within  30  days  by  the  Appellate  Authority.  A speaking order shall be passed, attaching relevant documents, if any.

    7.     The  grievance  applications,  filed  in  the  physical  form  with  the  Ministry/ Department,  shall  be uploaded on the CPENGRAMS portal to ensure proper monitoring of these grievances.

    *****

     

    NKR/DK/AG

    (Release ID: 2065213) Visitor Counter : 34

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  • MIL-OSI Asia-Pac: Ministry of Jal Shakti and its various arms highlights Special Campaign 4.0 Achievements

    Source: Government of India

    Posted On: 16 OCT 2024 10:22AM by PIB Delhi

    The Special Campaign 4.0, a Government of India initiative to cleanliness, review & simplification of rules & procedures, review of record management system, productive use of space, and disposal of waste materials for enhancing work place experience, is being undertaken in true spirit by the Department. Nodal Officers appointed by Department as well as its field organizations are working out to remove the pendency and to complete other indicators pertaining to the offices as per the parameters of DARPG’s guidelines.

    A meeting was held under the chairmanship of Shri Subodh Yadav, Additional Secretary to review the progress under Special Campaign 4.0.  Shri Yadav expressed satisfaction to the efforts being done by the Department and its organisations to meet the targets for the campaign.  The officer emphasized that the achievements regarding cleanliness campaigns being higher in number than the targets are always welcomed.

    ‘Before’ and ‘After’ images of the sites are being videographed and photographed and shared with Geo coordinates.

    The Department and its organizations would continue to make all efforts to meet the Targets by the end of Special Campaign 4.0.

    The achievements of the Department during the Special Campaign 4.0 till date are as follows.

    Achievements for Special Campaign 4.0 as on 14.10.2024

     

    Sl. No

    Parameters

    Target

    Achievements

    %age
    1.  

    MP References

    72

    53

    74%
    1.  

    PMO References

    21

    10

    48%
    1.  

    IMC (Inter Ministerial Consultations)

    1

    1

    100%
    1.  

    Parliament Assurances

    11

    0

    0
    1.  

    Public Grievances

    47

    40

    85%
    1.  

    PG Appeals

    34

    12

    35%
    1.  

    Review of Physical Files

    6255

    5166

    82.6%
    1.  

    Review of e-Files

    3662

    1268

    35%
    1.  

    Cleaning of sites

    350

    115

    33%

     

    Beside above:

    • A rain water harvesting structure at  premises of Sharm Shakti Bhawan, New Delhi has been renovated and made functional as part of the ongoing campaign.
    • Rs 3,01,120/- revenue has been generated through scrap disposal.
    • About 14520 Sq ft area has been freed through cleaning of sites/ scrap disposal.

    ****

    DSK

    (Release ID: 2065203) Visitor Counter : 102

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  • MIL-OSI Asia-Pac: KEYNOTE ADDRESS BY THE PRIME MINISTER FOR HEALTH MENTAL HEALTH AWARENESS WEEK – PARADE

    Source: Government of Western Samoa

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    Thursday 10th October, 2024 (9:00am – 10:00am – Infront of the Government Building)

    Captain Eric Turner (Regional Leader of Salvation Army, Samoa),

    Hon. Deputy Prime Minister,

    Hon. Cabinet Ministers,

    Members of the Diplomatic Corps,

    Heads of Government Ministries and Corporations, NGOs,

    Distinguished guests,

    Ladies and Gentlemen,

    Talofa Lava! And a Warm Welcome!

    It is a great honor to stand here and address you today on a topic that is vital for our individual well-being, our workplaces, and ultimately, our nation – ‘MENTAL HEALTH IN THE WORKPLACE’.

    Today, we rally to not only recognize the importance of mental health but to ensure that it becomes a pillar of how we work, how we lead, and how we care for one another in the workplace.

    Today, the 10th of October is the commemoration of the World Mental Health Day globally including Samoa, with the overall objective of raising awareness of mental health issues around the world, on its theme – ‘Healthy Minds, Healthy Workplaces’. It is also the last day that ends the commemoration of the activities for the Mental Health Awareness Week in Samoa, which started on Sunday 6th October, 2024.

    As this year’s World Mental Health Day puts more emphasis on the

    importance of Mental Health in the Workplace, I am humbled indeed to speak not only as a leader and as an employer but an employee of the Government of Samoa.

    Mental health is not something that exists in isolation. It is deeply tied to every part of our lives, including the workplace. The workplace is where we spend a large part of our days. It is where we contribute to our communities, earn a living, and grow professionally. But the workplace can also be a source of stress, anxiety, and pressure.

    In Samoa, the demands of work, the increasing pace of change, and the responsibilities we all carry, whether as employees or leaders can take a toll on our mental well-being. When stress becomes overwhelming and mental health is not prioritized, the results are clear. There will be a decrease in productivity, an increase in absenteeism, and a general decline in workplace morale.

    However, mental health challenges do not just impact the workplace, they impact individuals, families, and communities. When an employee is struggling mentally, it affects their ability to engage fully at work, their relationships at home, and their overall quality of life. This is why it is essential that we take a proactive approach in addressing mental health in our workplaces. It is not just good for business; it is good for people.

    Samoa, like many other nations, is facing a rise in Non-Communicable Diseases or NCDs including those related to mental health. NCDs accounts for over 80% of all deaths and more than half the premature deaths in Samoa. Therefore, mental health conditions such as stress, depression, anxiety, and burnout are no longer issues we can ignore. In fact, mental health conditions are among the leading causes of lost workdays, lower productivity, and long term-disability worldwide.

    The Ministry of Health in Samoa has integrated mental health into our national health strategy, recognizing the importance of both physical and mental well-being for a healthy Samoa. In the workplace, we must follow suit. We cannot build a prosperous Samoa if our workforce is unwell, both mentally and physically.

    A lot of organizations including our Health Sector Partners who are

    gathered here today, both public and private have recognized the

    importance of mental health through their combined efforts such as awareness campaigns, advocacy, offering of coping platforms and mechanisms for our people to be more resilient. More workplaces are adopting policies that address mental health and are working to reduce the stigma associated with mental illness.

    However, we need to accelerate these efforts and ensure that all

    workplaces, no matter the size or sector, are places where mental health is supported.

    Let us commit to making mental health a priority in every Samoan

    workplace. We can take practical steps such as raising more awareness on mental health; develop and implement supportive policies; foster a culture of care by showing compassion and understanding toward each other; and collaborate with Mental Health Services in Samoa for counselling and support.

    In Samoa, we have a unique opportunity to lead by example. By

    prioritizing mental health in the workplace, we not only improve the lives of our employees but also enhance productivity and success of our businesses and institutions. Let us move forward with the spirit of fa’aaloalo, valuing and respecting the mental well-being of every

    individual.

    I would like to take this opportunity to acknowledge our partners and stakeholders from government, the guidance and support of the World Health Organization, development partners, the private sector, NGOs, and civil society. Thank you for your continuous support towards the work of mental health in Samoa. Your commitment demonstrates your dedication to the health of our people.

    Ladies and Gentlemen – Together, we can build workplaces that not only contribute to Samoa’s economy but also to the happiness, health, and well-being of our people.

    SOIFUA MA IA MANUIA!

    SAUNOAGA AUTU: AFIOGA FIAME NAOMI MATA’AFA – PALEMIA O SAMOA I LE SAVALI FA’APITOA – FA’ATAUAINA O LE VAIASO O LE SOIFUA MALOLOINA O LE MAFAUFAU

    Aso Tofi, 10 Oketopa 2024

    9:00am – 10:00am – Luma Maota o le Malo

    Lau Susuga i le Taitai o le Sauniga, Captain Eric Turner,

    Lau Afioga i le Sui Palemia, Afioga i le Saoali’i, Tuala Tevaga Iosefo Ponifasio,

    Paia o Minisita o le Kapeneta,

    Sui o Malo Aufaatasi ma Faalapotopotoga mai Fafo,

    Le paia ma le mamalu ua aofia potopoto,

    O le asō, ua fa’ailogaina ai e le lalolagi atoa e aofia ai ma Samoa le Aso Fa’apitoa o le Fa’atauaina o le Soifua Maloloina o le Mafaufau. Ua fa’ai’u ai fo’i ma polokalame e pei ona tapisaina ai e Samoa le Vaiaso Faapitoa mo le fa’alauiloaina o le taua o le Soifua Maloloina o le Mafaufau, e pei ona sa amata mai le Aso Sa 6, Oketopa 2024.

    Tatou ave lea o le vi’iga i le Atua, ua livaliva le foe a le tautai, ua a’e manuia taumafaiga o lenei vaiaso.

    O le soifua maloloina o le mafaufau e aofia i le fa’atulagaga fa’asaienisi o sē tasi o gasegase tumau, ua to’atele nisi ua a’afia ma maumau ai le soifua. E tusa ai ma fa’amaumauga fa’asoifua maloloina, e sili atu ma le 80% o tagata Samoa ua a’afia i gasegase tumau e a’afia ai totoga e pe’i o le suka, toto maualuga ma o’o ai ina maua i gasegase o le fatu, kanesa ma isi. O lo’o aofia ai i totonu ma le faitauga o tagata ua a’afia tumau le mafaufau i le faitauga o nei gasegase tumau. O fa’amaumauga lata mai, o le to’atele ua a’afia le mafaufau ma fa’amauina e mafua mai ona o le soona tagofia o le ava malosi. Ma ua mafuli i tupulaga talavou o lo’o nonofo i nu’u tu taulaga, o i latou fo’i nei e faigaluega.

    O le sini autū o lenei tausaga ma lona fa’amoemoe, ua ave le fa’amamafa i le soifua maloloina o le mafaufau i totonu o fale-faigaluega. O se tasi o mataupu ua le Pau, le Vau, a ua fa’atāfea i le auau e nisi tagata. Atonu e malamalama gofie pe a tatou talatala iai, ae faigata lona fa’atinoga ma e le’o lagonaina e le to’atele.

    Afai o le tele o le taimi o le tagata faigaluega e alu i totonu o le fale-faigaluega, e tatau ona tapena fa’afafine to’aga le silasila mamao i le mafaufau manuia o le aufaigaluega. E lē masino o le a si’itia se auaunaga, tele tupe maua ma fa’afiafiaina le ta’ita’i o le fale-faigaluega, o le aufaigaluega faapea ma aiga o lo’o tapua’i mai.

    E le o pō malaē le to’atele o e pele ia tatou uma, o fanau, uso ma tuafafine faapea tua’ā ua a’afia mafaufau. E le gata o i latou ua iloa āuga ma iai foliga va’aia,ae fa’apena ma nisi o lo’o a’afia i nisi o gasegase ua avea ma mafuaaga ua a’afia ai ma le mafaufau. O le popōlega tele, o le to’atele o lo’o a’afia e le’o mafai ona iloa, ma o nisi ua a’afia ma ma’imau ai le soifua ona o le pule i le soifua. Ua taotaomia le saili o se fesoasoani ona o le to’atele o lo’o a’afia i sauaga ona o le fefe ma le tusitusilima.

    E le māmā lenei mataupu, ma o le tele o lu’itau pe a a’afia le mafaufau, e le gata o le a afaina ai le auaunaga o se fale-faigaluega, ae faapēnā ona a’afia ai aiga, o fanau, faapea ma nu’u ma le atunu’u. O Samoa o lo’o fa’avae ana auaunaga tausili i so’o se fale-faigaluega i ana tu ma aganu’u, e pei o le fa’aaloalo, alofa ma le tautua matavela. O nei tu ma aga a Samoa e mafai ona fa’alautele e fai ma vaifofō ina ia maua le mafaufau maloloina o le tagata faigaluega.

    O se fa’amalosi mo fale-faigaluega uma faapea ma ta’ita’i o Samoa, e tāua tele la tatou pitolaau fai fa’atasi. Afai e lagonaina e so’o se tagata faigaluega o lo’o iai tu ma aga e pei o le alofa ma le fa’aaloalo, e ta’ita’itama ai le fa’atinoga o le galuega, o le a si’itia ma maoa’e so’o se auaunaga, o le a telē le lagolago a le aufaigaluega, ma fa’atuatuaina ta’ita’i o so’o se fale-faigaluega.

    O le fesili – O a nisi taumafaiga tatou te galulue ai ina si’itia le soifua maloloina o le mafaufau i totonu o se fale-faigaluega? Ia tatou:

    • Lagolago ma fai le fale-faigaluega o se nofoaga e fiafia ai tagata e galulue.

    • Ia saogalēmū le fale-faigaluega mo tagata uma, e aunoa ma le tusitusi lima ma le fa’ailoga tagata

    • Ia amanaia le taimi e tatau ona mālōlō, ma mafuta ai le tagata faigaluega i lona aiga

    • Ia fa’atino ni a’oa’oga e si’itia ai le malamalama o ta’ita’i o fale-faigaluega i le tāua o le soifua maloloina o le mafaufau.

    E toe fia fa’aleo le tele o taumafaiga a Samoa ua iai, e pei ona iai le saunoaga a le Afioga i le Sui Palemia i lana saunoaga autū i le Aso Sa, na tatalaina ai lenei Vaiaso Faapitoa mo le mafaufau maloloina.

    – O galuega ma auaunaga e tauala atu le Matagaluega a le Soifua Maloloina, ua amanaia ma tu’ufa’atasia ai vaega o le siakiina o so’o se gasegase, e le gata i le tino ae ua aofia ai ma le mafaufau. O lenei taumafaiga, ua tatau ona fa’ata’ita’i ma fa’atino e fale-faigaluega, e le gata o le ausia o galuega a le aufaigaluega, ae ia silasila toto’a i a’afiaga o le soifua maloloina o le mafaufau.

    – Ua tele polokalame fa’alauiloa, o auaunaga mo le fa’atalatalanoaina o i latou ua a’afia, faapea ma faigafa’avae ma tulafono mo le unaia o le soifua maloloina o le mafaufau.

    – Ua tele polokalame ma auaunaga e taofi ma fa’atonutonu ai mafuaaga fa’avae o le a’afia ai o le mafaufau e pei o le ava malosi ma le tagofia o fualaau fa’asaina.

    Ae peita’i, o lo’o mana’omia ona fa’aauau ona tapisa lenei mataupu i auala saogālēmū, alofa lē fa’atuāoia, ma aua ne’i iai se tusitusilima. E mo’omia na lalago fa’atasi auaunaga fa’asoifua-maloloina ina ia si’itia faigafa’avae ma tulafono e aofia ai vaega o le mafaufau manuia e aunoa ma le fa’aitū-au.

    O le pitolaau a aiga, āoga, fale-faigaluega, nu’u aemaise ekalesia o le ogatotonu lea o le fa’avae o le soifua maloloina e aofia ai ma le mafaufau manuia.

    E toe momoli le agaga fa’afetai i a tatou auaunaga ma fale-faigaluega ua potopoto lenei aso, i lā outou lagolago i lenei fa’amoemoe. E fa’afetaia a tatou paaga uma fa’asoifua maloloina faapea ma auaunaga o lo’o fa’aauau ona galulue mo le soifua maloloina o le mafaufau.

    Ou te fiafia tele e fa’alauiloa ai fo’i le fa’amae’a ai o fa’atinoga uma o le Vaiaso Faapitoa o le Soifua Maloloina o le Mafaufau i Samoa i le asō.

    Agalelei le Atua i fuafuaga o lenei aso, aemaise fo’i le aga atu mo le Aso Sa faapitoa o le fanau.

    SOIFUA

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