NewzIntel.com

Blog

  • MIL-OSI China: Autumn scenery of China’s Inner Mongolia

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

    Autumn scenery of China’s Inner Mongolia

    Updated: October 8, 2024 08:46 Xinhua
    Tourists walk on a glass bridge at a scenic spot in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region, Oct. 6, 2024. [Photo/Xinhua]
    This photo taken on Oct. 6, 2024 shows the autumn scenery in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 6, 2024 shows the autumn scenery in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 6, 2024 shows the autumn scenery in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region. [Photo/Xinhua]
    A giant panda is pictured at a zoo in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region, Oct. 6, 2024. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 6, 2024 shows the autumn scenery in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 6, 2024 shows the autumn scenery in Zhuozi County of Ulanqab, north China’s Inner Mongolia Autonomous Region. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI Submissions: Australia – CBA doubles Career Comeback program for 2025

    Source: Commonwealth Bank of Australia (CBA)

    The expanded program offers a wider range of opportunities across both Institutional Banking & Markets and the bank’s Chief Operations Office to support people returning to work from a career break.

    Commonwealth Bank’s Career Comeback Program is helping even more professionals overcome the barriers of returning to the corporate workforce, as the Group’s Chief Operations Office (COO) joins the Institutional Banking & Markets (IB&M) division in offering roles for the 2025 cohort.

    Entering its fifth year, CBA’s Career Comeback program aims to help individuals who have taken a career break of two years or more to transition back into the workforce at a mid-to-senior level.

    The 2025 program has been expanded to more than double the size of past intakes, offering roles across business operations, product management, institutional banking coverage, markets and project management. The paid, 12-week program includes a comprehensive induction process, coaching and technology upskilling, with the potential for successful participants to roll into a permanent position with the institutional bank or the chief operations office.

    “We know a team that is diverse in skills, experiences and perspectives is stronger and more capable and brings greater value to our clients. I’m proud to see our Career Comeback initiative expand to Group COO and support even more experienced professionals to return to a rewarding career in banking, markets and operations,” said Andrew Hinchliff, Group Executive IB&M at CBA.

    “Our people are our point of differentiation and are core to our strategy and our success. With the expansion of Career Comeback across COO, I hope to empower future leaders to consider a career in CBA where they can make a real difference for our customers,” said Sinead Taylor, Chief Operations Officer at CBA.

    Jo Reardon participated in IB&M’s Career Comeback program in 2021 – the first year of the initiative. Ms Reardon had stepped away from a career in institutional foreign currency sales in 2016 and was looking for options to return to the finance sector in late 2020 when she came across CBA’s program.

    “I wanted to go back into banking, but with more flexibility than the client-facing sales roles I’d had in the past, and an operating office role was that perfect middle ground for me,” she said, adding that being part of the Global Markets Chief Operating Office team leveraged her experience of currency markets and supporting institutional customers.

    Jo Reardon

    Today, Ms Reardon works as a Director in the Global Markets Sales Chief Operating Office, delivering strategic initiatives and projects to support the Markets sales team with serving the bank’s wholesale clients.

    “I encourage anyone considering re-entering the workforce to apply for this program. There’s a lot of recognition of the skills and experiences people develop away from a corporate context, and that they translate well into a professional environment, and you get the benefit of being part of a cohort who are in the same boat navigating that transition back into the workplace and helping each other bridge any gaps in technology or new systems and processes,” she said.

    Applications for the 2025 Career Comeback Program are now open and close on 1 November 2024. Successful candidates of the program will commence in March 2025.

    For more information on the CommBank Career Comeback Program, visit: commbank.com.au/careercomeback

    MIL OSI – Submitted News –

  • MIL-OSI New Zealand: Farmers demand rural banking system reform – Federated Farmers

    Source: Federated Farmers

    Farmers are angry about a rural banking system that isn’t working properly, poor bank behaviour, and Reserve Bank rules that hamstring the agricultural sector.
    The Federated Farmers submission to Parliament’s banking inquiry includes more than 1500 comments from farmers fed up with paying over the odds for banking services.
    “Lack of competition in rural banking, unfair practices, unjustifiably high interest margins and overly cautious Reserve Bank restrictions are seriously disadvantaging the nation’s food producers and export income earners,” Federated Farmers banking spokesperson Richard McIntyre says.
    Federated Farmers believes farmers are currently paying up to 1.7% more in borrowing costs than they should in a fair and open market.
    “We’re calling for urgent banking reform in the agricultural sector, where $62.5 billion in lending means even a 1% difference in margins represents $625 million,” McIntyre says.
    One of Federated Farmers’ key recommendations is for the Government to revise the Reserve Bank’s stringent one-in-200-year financial shock standard, which significantly raises borrowing costs for farmers.
    Moving to a one-in-100-year standard would still ensure stability while lowering costs for rural borrowers, McIntyre says.
    As well as the extensive feedback from farmers, Federated Farmers’ 140-page submission to the inquiry includes experts’ opinions, former bankers’ perspectives and research.
    More than one in five Kiwi farmers say their bank isn’t allowing them to structure their debt to minimise interest payments as much as possible.
    Too many farmers are pressured to use overdrafts to manage debt repayments or fund capital projects – tasks overdrafts were never intended for.
    In fact, 12% of farmers say their bank has asked them to fund capital work using an overdraft.
    “This is unacceptable,” McIntyre says.
    “Overdrafts are designed for managing seasonal cash flow, not to burden farmers with higher-interest debt to boost bank profits.”
    Federated Farmers’ submission says agricultural loans should have risk-weighted assets (RWAs) more in line with residential mortgages.
    “Rural loans, backed by valuable land, currently carry higher RWAs, inflating borrowing costs for farmers. A fairer system would provide more equitable access to credit.”
    The Government should ensure Kiwibank is properly funded and instructed to enter the agricultural lending market. Increased competition from a well-capitalised Kiwibank would give farmers better loan options, McIntyre says.
    “Our survey data found 40% of respondents would consider moving to Kiwibank if it offered agricultural banking services. Many farmers feel trapped by their current banking relationships.”
    Farmers also want more accountability and transparency from rural banking services.
    “Major banks should be required to present annually to a select committee, fully disclosing interest rates, lending practices, and profit margins related to agricultural lending.”
    Farmhouses should be classified as residential properties for mortgage purposes, not as commercial or agricultural loans.
    “We also think banks should offer more interest-only loans to farmers with sufficient equity, particularly those with Loan-to-Value Ratios (LVRs) of 50% or more,” McIntyre says.
    “These loans would provide financial relief during tough times without increasing systemic risk.”
    Among other recommendations in the Federated Farmers submission is a push to implement open banking regulations.
    “These would allow farmers to more easily compare financial products and switch banks, fostering greater competition and lowering borrowing costs.”
    McIntyre says Federated Farmers is not arguing for special treatment for farmers, just fairness and transparency.
    “We want to get back to those times when banks worked hard to maintain strong relationships with rural clients through regular on-farm visits, especially for those with substantial loans.
    “The banking inquiry is a huge opportunity for Parliament to significantly reduce costs in the agricultural sector and put in place competition that helps ensure farmers are treated fairly when they access capital to invest.”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Employment Resolutions – Giant $2.1 billion Holiday Act ‘invoice’ for Te Whatu Ora

    Source: New Zealand Nurses Organisation

    Members of New Zealand Nurses Organisation (NZNO) Tōpūtanga Tapuhi Kaitiaki o Aotearoa employed at Health New Zealand Te Whatu Ora will tomorrow (Wednesday 9 October) deliver a giant overdue invoice for $2.1 billion for Holiday Act remediation.
    The overdue invoice has been signed by more than 6000 NZNO members and will be presented to Te Whatu Ora CEO Margie Apa at her office.
    Te Whatu Ora has been working to calculate entitlements for around 228,000 workers since 2016. It was revealed in August it had stopped hiring consultants needed to complete this work.
    NZNO chief executive Paul Goulter says nurses are increasingly frustrated by the years-long delays in getting paid what they are owed.
    “This fiasco has been dragging on for years. It is time for Te Whatu Ora to prioritise these payments for their hardworking nurses.
    “Paying staff correctly for the work they perform is a minimum expectation of any employer. This is effectively wage theft.
    “Nurses deserve better than ongoing delays and lack of certainty about when this work will be finalised,” Paul Goulter says.

    MIL OSI New Zealand News –

  • MIL-OSI China: China’s unemployment insurance covers 245M people

    Source: China State Council Information Office 2

    Mentally challenged employees work at a car wash named Xihaner in Shenzhen, south China’s Guangdong Province, Nov. 26, 2022. [Photo/Xinhua]
    The number of people in China covered by unemployment insurance had reached 245 million by the end of September, sources with the Ministry of Human Resources and Social Security have said.
    The ministry will promote the coverage of unemployment insurance to vocational workers, and optimize the linkage mechanism between employment, unemployment insurance and subsistence allowances, it said.
    Data from the ministry shows that in 2023, 7.3 million unemployed people nationwide received unemployment insurance benefits totaling 72.9 billion yuan (about 10.4 billion U.S. dollars), up 13.6 billion yuan from the previous year.
    The monthly per capita unemployment insurance amount came in at 1,814 yuan last year, more than double that of 2012, the data shows.
    In 2023, the income of the national unemployment insurance fund reached 180.7 billion yuan, while the expenditure logged 148.5 billion yuan. At the end of last year, the cumulative balance of the fund came in at 321.3 billion yuan, with 3.52 million people receiving unemployment insurance benefits, according to the data.

    MIL OSI China News –

  • MIL-OSI China: China’s in-orbit satellite performs AI large-model tests

    Source: China State Council Information Office 2

    A Smart Dragon-3 carrier rocket carrying eight satellites blasts off from the waters near the city of Haiyang in east China’s Shandong Province, Sept. 24, 2024. [Photo/Xinhua]
    ADA Space, a Chinese AI satellite internet technology company, announced on Sunday that its recently-launched satellite has successfully completed the technical verification of AI large-model technology during the in-orbit operation.
    From Sept. 25 to Oct. 5, the satellite conducted 13 tests of its AI large model, involving multiple types of inference questions under various operating and temperature conditions.
    The technical test validated the space adaptability of the company’s AI large model in orbit, the reliability of the computing satellite platform, and the effective computing power of the high-performance payloads during operation in space, according to the company.
    In the next step, the satellite will conduct AI generation of 3D remote-sensing data in orbit. Its AI 3D-imaging capabilities can support a wide range of digital twin applications across various sectors, including low-altitude economies, cultural tourism and sports.
    The satellite was launched aboard a Smart Dragon-3 carrier rocket from the waters near the city of Haiyang in east China’s Shandong Province on Sept. 24.

    MIL OSI China News –

  • MIL-OSI China: China’s expressway traffic up 5.3% during National Day holiday

    Source: China State Council Information Office 2

    This aerial photo taken on July 10, 2023 shows a section of the Dejiang-Yuqing expressway in southwest China’s Guizhou Province. [Photo/Xinhua]
    The traffic flow on China’s major expressways increased by 5.3 percent year on year during the week-long National Day holiday, said the Ministry of Public Security on Monday.
    Meanwhile, major highways also witnessed 11.3 percent more traffic on a year-on-year basis during the holiday lasting from Oct. 1 to 7.
    As of 5 p.m. Monday, the country’s overall road traffic remained stable and orderly, with no single road accident involving more than five deaths reported.
    Despite the sporadic rush of traffic, no long-time and large-scale traffic congestion was reported during the holiday, according to the ministry.

    MIL OSI China News –

  • MIL-OSI China: Hong Kong Chamber of Shipping launched

    Source: China State Council Information Office 2

    The Hong Kong Chamber of Shipping was officially established on Monday with an aim to shore up Hong Kong’s status as an international shipping hub.
    Addressing a launch reception, Leung Chun-ying, vice chairman of the National Committee of the Chinese People’s Political Consultative Conference, who is also a founder member and adviser of the newly established industry body, said that the institutional advantage of the “one country, two systems” underpins and constitutes the unique edge of Hong Kong’s shipping sector.
    Leung called for harnessing the strengths of Hong Kong, looking at the bigger picture and walking the walk to coordinate among the shipping, trade, financial, professional and educational sectors toward the same goal.
    He hoped that Hong Kong can harness and combine the strengths of the Chinese mainland for an integrated national maritime ecosystem, while inching towards the high value-added end of the value chain.
    The sky is the limit for Hong Kong’s maritime sector if such potential could be fully tapped, Leung believed.

    MIL OSI China News –

  • MIL-OSI USA: Jayapal Statement on One Year Since October 7th Attack

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    SEATTLE, WA — U.S. Representative Pramila Jayapal released the following statement regarding one year since the October 7th attack:

    “One year ago today, Hamas committed a horrific terrorist attack on Israel that brutally killed nearly 1,200 people, wounded more than 5,000, and took 251 individuals hostage — many of them children. I strongly condemned Hamas for the attack and called immediately for a return of all hostages.  

    “In the year since October 7, 2023, hundreds of hostage families have watched, waited and advocated for the return of their loved ones; hoping and praying every day for the good news that they would see their loved ones released and returned home. Far too few have gotten that news, and far too many have seen their loved ones killed, leaving behind crushed hopes, devastated families, and deep, lasting pain and emptiness.

    “I’ve made it a priority to meet with many of the hostage families, including in my own district, and to hear their stories and bear witness to their grief.  As a parent, I have wept with those parents who braved the unbearable pain of not knowing what had happened to their children to summon the resilience, courage and determination to come and advocate to Congress that the US government do all it could to bring them home.

    “Here at home and across the country, our Jewish community has also been overtaken by grief, fear and trauma.  Hate crimes against Jewish Americans have surged, including in the most sacred of places: synagogues and other places of worship. Antisemitic tropes have re-emerged, reminding us that the absolute necessity of eradicating antisemitism—indeed, all forms of hate and discrimination—is painstaking and requires constant education and re-education of all of our communities.  Every American of every political stripe must be a part of this.  There is no protection for any of us unless we fight for all of us.  As Dr. Martin Luther King Jr. said: An injustice against one is an injustice against all.

    “I have always believed in achieving peace through diplomatic means, to de-escalate and to recognize that returning violence with violence that injures more innocent civilians—even in the most horrific of circumstances— only solidifies and fosters hate and makes it even more impossible to achieve peace and security for all involved.  That is why I have advocated so strongly for a ceasefire, a return of all hostages, an end to the killing of innocent Palestinians, and a brokered peace plan with real accountability for all parties that provides security and self-determination for both the Israeli and Palestinian people.  Without that, no one can be safe and tens of thousands more innocent Israeli, Palestinian, Lebanese and other civilians will die.  

    “One year after October 7, I continue to push for this outcome to save as many lives as possible.  This past year has been filled with so much devastation and loss, including 40,000 Palestinians who have been killed and over 90,000 who have been injured and thousands of Israelis displaced from their homes. Now, we face an escalating regional war in the Middle East, and we must work harder than ever to find a way forward, toward long-term peace and rebuilding in the region.

    “As tensions continue to rise and innocent civilians are killed around the region, we must be clear that our work is both on the global stage but also right here at home in our communities, with each other, through conversation and understanding, through empathy and solidarity.  Let us respect the generational trauma that unites so many otherwise diverse populations.  Let us lead with our hearts to denounce hate, to recognize today the specific trauma of October 7 with our Jewish community, and to recommit ourselves to working for a true and sustained peace for all people.”

    Since the start of this conflict, Jayapal has been a constant advocate for a negotiated ceasefire, the return of all hostages, and the protection of innocent civilian lives:

    • Ten days after the October 7th attack, Jayapal reaffirmed her condemnation of Hamas and first called for an immediate ceasefire.
    • She worked with federal agencies to help evacuate a constituent from Gaza at the outbreak of the war.
    • Jayapal lauded a short-term negotiated ceasefire, which resulted in the return of 50 hostages, and reiterated her call for the release of all hostages and a permanent ceasefire.
    • Jayapal co-led a letter condemning Hamas, calling for Israeli military operations to follow the rules of international humanitarian law, and continuing to work toward peace in the region.
    • Jayapal voted against H.R. 8034, the Israel Security Supplemental Appropriations Act, which provided offensive military aid while humanitarian aid to Gaza was severely limited.
    • Jayapal led an effort calling on the Administration to use all tools possible to dissuade the Israeli government from moving forward with an offensive invasion of Rafah. 
    • She skipped Prime Minister Netanyahu’s Congressional address, instead spending the day with the families of hostages as well as organizations working toward peace and security. 

    Issues: Foreign Affairs & National Security

    MIL OSI USA News –

  • MIL-OSI USA: Smith Statement on Biden’s Jobs Report Rhetoric

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, D.C. – Today, Congressman Adrian Smith (R-NE) released the following statement after President Biden made comments on the latest jobs report.

    “President Biden should take a moment and reflect before celebrating the latest jobs report. Under his presidency, the Bureau of Labor Statistics has consistently needed to downgrade its jobs estimates—including a massive reduction of over 800,000 jobs in March of this year. As long as Biden-Harris policy fails to address our nation’s labor shortage, lost trade opportunities for American producers, and other problems our country is facing, inflation and poor economic recovery will continue to harm American families.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Remarks by Vice President Harris Before Air Force Two Departure | Joint Base Andrews,  MD

    US Senate News:

    Source: The White House
    Joint Base AndrewsPrince George’s County, Maryland
    5:09 P.M. EDT
    THE VICE PRESIDENT:  Hi.  So, I just got off the phone with Administrator Criswell at FEMA, and I cannot stress enough to all the folks in Florida, in the Tampa area: Please listen to evacuation orders.  Please listen to your local officials, because I know a lot of folks out there have survived these hurricanes before — this one is going to be very, very serious.  
    And I urge you to please just grab whatever you need.  Listen to the orders you’re getting from your local officials.  They know what they’re telling you, and they know what Milton is about to be.  So, please do that.
    The other point I’d make is that there is a lot of mis- and disinformation being pushed out there by the former president about what is available, in particular, to the survivors of Helene.  And first of all, it’s extraordinarily irresponsible.  It’s about him; it’s not about you.
    And the reality is that FEMA has so many resources that are available to folks who desperately need them now and resources that are about helping people get back on their feet and rebuild and have places to go.  You are entitled to these resources. 
    People are entitled to these resources, and it is critically important that people apply for the help that is there to support.  That — all of those resources were created for just these kinds of moments, in an emergency situation, knowing that folks are entitled to have the relief that they so rightly need at this moment in time.
    So, listen to your sheriffs.  Around the places that have been impacted by Helene, listen to your local sheriff, who’s going to tell you straight about what’s available to you and how, for so many reasons and ways, there are no conditions attached to the relief that’s available to you.
    Q    Madam Vice President, Governor DeSantis — NBC is reporting Governor DeSantis is ignoring your calls on hurricanes’ resources and — and help.  How does that hurt the situation here?
    THE VICE PRESIDENT:  You know, moments of crisis, if — if nothing else, should really be the moment that anyone who calls themselves a leader says they’re going to put politics aside and put the people first. 
     People are in desperate need of support right now, and playing political games with this moment, in these crisis situations — these are the height of emergency situations — is just utterly irresponsible, and it is selfish, and it is about political gamesmanship, instead of doing the job that you took an oath to do, which is to put the people first.
         Q    Madam Vice President, Milton’s arrival —
         THE VICE PRESIDENT:  Thank you. 
         Q    — what does it mean for resources?
                            END                     5:12 P.M. EDT

    MIL OSI USA News –

  • MIL-OSI Security: DoD Announces Health Care Supplement Program Pilot for DOD Civilian Employees in Japan

    Source: United States INDO PACIFIC COMMAND

    The Department of Defense (DoD) today announced a one-year pilot program to provide no-cost supplemental health support services to DoD civilian employees serving in Japan after a yearlong effort to identify and address concerns regarding access to medical care.

    “The Department recognizes the significant contributions of our DoD civilian workforce around the world,” said Ashish Vazirani, who is performing the duties of the Undersecretary of Defense for Personnel and Readiness. “In keeping with Secretary of Defense Lloyd J. Austin III’s commitment to taking care of all our people, we owe it to our civilians to facilitate access to health care no matter where they are. The support from this pilot program will help enhance the patient experience for the approximately 11,000 civilians stationed in Japan through the new pilot.”

    This pilot is called the Pilot Health Insurance Enhancement for DoD Civilian Employees in Japan and will assist eligible civilian employees with health care navigation and upfront costs associated with accessing Japan’s healthcare system.

    To be eligible, the employee must be enrolled in a participating health plan through the Federal Employees Health Benefits (FEHB) program. The enrollment window for eligible employees will be the Federal Benefits Open Season, which runs this year Nov. 11 through Dec. 9. Federal Benefits Open Season allows federal civilians to enroll in or change health care options.

    The services provided under this pilot will begin Jan. 1, 2025, when participants can use the services and access support through a call center. The call center will be open 24/7 and staffed with bilingual service representatives who will assist callers with identifying their needs, make appointments with provider offices, and issue payment guarantees up front. Dependents are not eligible for services during the pilot, which runs through Sept. 29, 2025.

    Employees working in Japan with the following military departments, defense agencies and DoD field activities are eligible for this supplemental coverage:

    • Department of the Air Force
    • Department of the Army
    • Department of the Navy
    • Defense Information Systems Agency
    • Defense Logistics Agency
    • Department of Defense Education Activity
    • Defense Commissary Agency
    • Defense Contract Management Agency
    • Defense Finance and Accounting Service
    • Defense Health Agency
    • Defense Media Activity
    • Defense Threat Reduction Agency
    • National Security Agency
    • Defense Intelligence Agency
    • National Geospatial-Intelligence Agency

    “We are excited to offer this program,” said Seileen Mullen, who is the Principal Deputy Assistant Secretary of Defense for Health Affairs. “This is a no-cost supplemental service, and we encourage civilian employees in Japan to use it.”

    The Office of the Assistant Secretary of Defense for Health Affairs will oversee the pilot program and has awarded a $4.2 million contract to International SOS Government Services Inc., which is also the prime contractor for the TRICARE Overseas Program. The contract for this pilot is being funded by the military departments, defense agencies and DoD field activities that have civilian employees working in Japan.

    Active-duty service members and TRICARE Prime beneficiaries have prioritized access to health care in military hospitals and clinics based on current federal law and DoD policy. DoD civilians who are not TRICARE beneficiaries may use military health facilities on a space-available basis.

    Agreements with FEHB insurance carriers who currently provide coverage for DoD civilian employees in Japan will be established to provide direct billing agreements. Non-appropriated Fund (NAF) employees are eligible for this program if enrolled in an Aetna International plan.

    Additional details dedicated to this pilot program will be announced before Federal Benefits Open Season begins. This information will also be posted to web sites for military hospitals and clinics in Japan in their “Getting Care” section.

    MIL Security OSI –

  • MIL-OSI Security: Philippine Navy and U.S. Navy commence Sama Sama 2024

    Source: United States INDO PACIFIC COMMAND

    SUBIC BAY, Philippines  –  

    The U.S. Navy, ​U.S. ​Marine Corps, Armed Forces of the Philippines​, and allied forces commenced the eighth iteration of Exercise Sama Sama in the vicinity of Subic Bay, the ​Republic of the ​Philippines, marking the beginning of two weeks of maritime engagements designed to enhance interoperability and strengthen security ties among regional partners, Oct. 7.

    ​​Sama Sama 2024, part of the Cooperation Afloat Readiness and Training (CARAT) series, builds on the legacy of ​previous maritime ​collaboration​,​ ​expanding its​ scope of operations​ with​​ both shore and sea phases​.​ ​Participants ​will engage ​​in specialized training across a wide range of disciplines, including medicine, legal operations, engineering, logistics, and public affairs. ​

    “This exercise has evolved significantly since its inception. What began as a bilateral event between the United States and the Philippines has grown into a multilateral and multiplatform operation, bringing together like-minded partners from across the Indo-Pacific,” said the U.S. Head of Delegation, Rear Adm. Todd Cimicata, Commander Logistics Western Pacific, and Task Force 73. “This development highlights the strength of our alliances and our shared commitment to peace, security, and cooperation in the maritime domain and it’s never been more important.”

    ​​Working alongside naval vessels and maritime surveillance aircraft, ​​​​specialized teams​, including ​diving and explosive ordnance disposal units​,​​ ​will conduct high-intensity drills focusing on anti-submarine warfare​, ​anti-​surface warfare​, ​anti-​air warfare​, and maritime domain awareness.

    “Sama Sama”​,​ which means “togetherness​” ​in Tagalog, reflects ​​the spirit of the decades-long partnership between allies in the region. Sama Sama 2024, a Philippine-U.S. bilateral exercise with invited allied and partner participants, continues to evolve in both complexity and scope into a more sophisticated and multinational environment with each iteration.
    This year​’s​ ​exercise includes participants from ​Australia, Japan, Canada, France​, and​ Japan, representing a collective ​commitment ​to stability and security in the Indo-Pacific region.

    “Today we witness the deepening of ties between the Philippine Navy and the U.S. Navy along with our partners from Australia, Canada, France, United Kingdom, and Japan” said the Philippine Navy Head of Delegation, Rear Adm. Jose Ma. Ambrosio Ezpeleta, Vice Commander of the Philippine Navy. “This exercise is a powerful investment for our collective movement and an opportunity to address regional challenges together.”

    ​​Participating assets​ from the United States​ include the​ Navy’s​ Arleigh Burke-class guided-missile destroyer USS Howard (DDG 83), and a P-8A Poseidon ​maritime surveillance aircraft​.​ ​P​​ersonnel from ​U.S. 7th Fleet​;​ Command Task Forces (CTF) 76, 75 and 72​;​ Command, Destroyer Squadron Seven (DESRON 7)​;​ and the Marine Corps’ ​​Marine Rotational Force​ – Southeast Asia​ (MRF-SEA)​​,​​ are also taking part in Sama Sama 2024​.​

    From partner nations, we welcome the Philippine Navy’s BRP Jose Rizal (FF 150)​;​ BRP Waray (LC-288)​;​​ BRP Nestor Reinoso (PC 380)​;​​ a Force Reconnaissance Group, Naval Special Operations Unit 2​;​ and supporting units ​that include​ a medical and media team. ​The Royal Canadian Navy​ will bring the Halifax-class frigate ​​HMCS Vancouver (FFH 331) and a CH-148 Cyclone helicopter​. A​ ​Japa​n Maritime Self-Defense Force​Shin Maywa US-2 amphibious aircraft and Kawasaki P-1 maritime patrol aircraft​ ​​are​​​ also participating.

    “Through exercises like Sama Sama, we continue to improve our interoperability and our readiness while deepening our understanding of each other’s capabilities. This exercise reflects our enduring partnership—one built on trust, shared values, and mutual defense,” said Cimicata. “Together, we will refine our ability to respond to natural disasters, maritime threats, and humanitarian crises, while ensuring the safety and security of this vital region.

    This year marks the 30th iteration of CARAT, a multinational exercise series designed to enhance U.S. and partner navies’ abilities to operate together in response to traditional and non-traditional maritime security challenges in the Indo-Pacific region.

    As the U.S. Navy’s forward-deployed DESRON in Southeast Asia, DESRON 7 serves as the primary tactical and operational commander of littoral combat ships rotationally deployed to Singapore​. DESRON 7 also​​ functions as ​the ​​​CTF ​​76 Sea Combat
    ​
    ​​Commander and​ builds partnerships through training exercises and military-to-military engagements as the executing agent of Commander, Task Group CARAT.

    ​​U.S. ​7th Fleet is the​ ​Navy’s largest forward-deployed numbered fleet, and routinely interacts and operates with allies and partners in preserving a free and open Indo-Pacific region.

    MIL Security OSI –

  • MIL-OSI Australia: $45 million for regional Councils to boost road safety

    Source: New South Wales Government 2

    Headline: $45 million for regional Councils to boost road safety

    Published: 8 October 2024

    Released by: Minister for Regional Transport and Roads

    The Minns Labor Government is continuing work to improve road safety in regional NSW with $45 million to be provided to council-nominated road safety projects across regional areas.

    This comes from an additional $80 million investment into the Towards Zero Safer roads program, following an additional $200 million recently announced for regional projects on state roads, managed by Transport for NSW.

    To be provided over three years, this funding will allow for the delivery of 23 road safety projects and to progress the implementation of three 40 km/h High Pedestrian Activity Areas on roads maintained by local councils in regional NSW.

    The Towards Zero Safer Roads Program is a road safety infrastructure upgrade and speed management program aimed at delivering sustainable and long-term reductions in road trauma across the NSW road network by addressing high risk locations.

    The program aligns with the Future Transport Strategy vision to achieve zero road trauma by 2050 and is a cornerstone of the 2026 Road Safety Action Plan, which aims to halve fatalities and reduce serious injuries by 30 per cent on NSW roads by 2030.

    Examples of the improvements this round of the program will provide to local communities in the regions include the installation of pedestrian crossings, roundabouts, shoulder upgrades and road widenings to help reduce the risk of crashes.

    The program builds on the success of the previous Safer Roads Program, which is estimated to save up to 1,550 serious injuries and lives over the lifetime of the program.

    Details of each funded project is available here

    Minister for Regional Transport and Roads Jenny Aitchison said:

    “Even though regional NSW only makes up a third of the NSW population, sadly two thirds of deaths on our roads happen on country roads.

    “The Minns Labor Government has provided more than half of funding for these council projects to regional councils.

    “I am pleased to say 23 regional council-nominated projects have secured funding under this round of funding which will result in much needed infrastructure for regional NSW.

    “A highlight of the funding will be the delivery of three High Pedestrian Activity Areas to regional suburbs in the state’s north including at Fingal Bay, Charlestown and Wollombi Village to protect pedestrians.

    “This investment will go a long way to ensure everyone gets home safely every time to their loved ones.”

    MIL OSI News –

  • MIL-OSI Australia: Making it easier for regional patients who need to travel for healthcare

    Source: New South Wales Government 2

    Headline: Making it easier for regional patients who need to travel for healthcare

    Published: 8 October 2024

    Released by: Minister for Health

    The NSW Government is improving access to healthcare for people living in rural and regional communities, providing financial assistance to more than 41,400 patients in the past year through the Isolated Patients Travel and Accommodation Assistance Scheme (IPTAAS).

    IPTAAS provides financial assistance to patients who need to travel long distances for specialist healthcare, not available locally.

    NSW patients have also received more money back in their pockets thanks to increased subsidies, with the average reimbursement per patient higher than ever before at $482.

    In 2023-24, 99,600 applications were approved, an increase of 21,200 applications from the previous year.

    The number of IPTAAS applications from Aboriginal and Torres Strait Islander patients has also increased, up by 2,200 to 8,500 in 2023-24.

    IPTAAS is reducing the financial burden on rural NSW residents like Noeline Nicholls who lives in Pilliga, almost 100 kilometres west of Narrabri. Noeline regularly visits Aboriginal Health Worker Jacob Shanley at Tamworth Hospital’s Healthy Deadly Foot Clinic to receive essential medical care.

    In the 2023-24 financial year, $48,885,696 was provided in IPTAAS claims across NSW, helping  41,417 patients access specialist health treatment.

    IPTAAS payments for 2023-24 by local health district are:

    • Central Coast: $339,168
    • Far West: $3,613,345
    • Hunter New England: $12,757,239
    • Illawarra Shoalhaven: $1,297,680
    • Mid North Coast: $4,764,257
    • Murrumbidgee: $7,961,022
    • Nepean Blue Mountains: $345,373
    • Northern NSW: $3,243,997
    • Northern Sydney: $66,629
    • South Eastern Sydney: $50,996
    • South Western Sydney: $327,845
    • Southern NSW: $5,274,675
    • Sydney: $13,672
    • Western NSW: $8,517,565
    • Western Sydney: $53,516
    • Outside of NSW: $258,716*

    *Applications from locations outside of NSW are patients who reside in another state and are donating an organ or tissue to a NSW resident, or patients who reside on Lord Howe Island.

    Reducing the financial burden for country patients to travel for their healthcare is just part of a comprehensive range of measures the NSW Government is embracing to improve access to care in our regional, rural and remote communities, including:

    • Delivering more health worker accommodation in the bush;
    • Doubling rural health worker incentives for the most critical and hard to fill positions to improve recruitment and retention;
    • Boosting doctors in our regional GP surgeries as well as hospitals through the single employer model; and
    • Deploying an extra 500 regional paramedics.

    Quotes attributable to Minister for Health Ryan Park:

    “We’re making it easier for regional people to access healthcare through the Isolated Patients Travel and Accommodation Assistance Scheme (IPTAAS). More people are accessing IPTAAS than ever before and they’re getting more money back in their pocket thanks to increased subsidies.

    “We know that people living in rural, regional and remote NSW sometimes have to travel a long way for specialist care. The financial assistance they get through IPTAAS not only helps cover the costs of travel and accommodation, it can mean the difference between seeking care or not.

    “Pleasingly, we’re seeing big increases in the number of people accessing IPTAAS, including those using the scheme for the first time, which means the money we’re providing is getting straight to the people who need it the most.

    “Through important initiatives like IPTAAS, we will continue to support residents of NSW to access high-quality, timely and appropriate healthcare, particularly those living in rural, regional and remote communities.”

    Quotes attributable to Pilliga resident Noeline Nicholls:

    “If it wasn’t for IPTAAS, I wouldn’t be here.

    “Where we live, we travel to get food, petrol and medical. If I didn’t have IPTAAS, I wouldn’t have been able to receive the medical care I needed.”

    MIL OSI News –

  • MIL-OSI New Zealand: Culture – Go behind the scenes at Auckland Museum with a new podcast The Amp

    Source: Tāmaki Paenga Hira Auckland War Memorial Museum

    Tāmaki Paenga Hira Auckland War Memorial Museum introduces The Amp, a new podcast amplifying the incredible stories from the Museum’s collections, mahi, and our place in the Pacific.

    Auckland Museum is proud to announce the launch of its podcast series, The Amp, designed to take listeners on an immersive journey behind the scenes of one of Aotearoa New Zealand’s most significant cultural institutions. Available now, The Amp explores the untold stories, secrets, and surprises behind the museum’s exhibitions, collections, and the dedicated work that goes into preserving our shared history.

    In each episode, listeners will dive into Auckland and Aotearoa’s history, learning about the lesser-known aspects of Museum exhibitions, the meticulous preservation of artefacts, and the fascinating discoveries made along the way. Interviews with experts, artists, and historians offer unique insights into how history is documented, displayed, and protected for future generations.

    David Reeves, Tumu Whakarae Chief Executive, Auckland Museum, says The Amp will not only share stories of our history, but the ongoing work that shapes how we understand and preserve our heritage today. He says, “This podcast is about process of being a contemporary museum as well as the historical content we care for.”

    “With The Amp, we’re excited to take our audience on a new kind of journey – one that goes beyond our walls and takes the incredible work happening here directly to listeners, wherever they are. It’s an opportunity for people to discover the hidden histories that make Auckland Museum such a unique place, whether they are tuning in from just around the corner or halfway across the world,” says Reeves.

    “This new podcast series is part of Auckland Museum’s deliberate move to increase the range of channels we use to connect audiences with collections and stories.”

    The Amp has launched with a lineup of three episodes:

    Episode 1: Soldier, Curator, Monuments Man Discover the incredible life of Sir Gilbert Archey, Auckland Museum’s longtime director and the sole “Monuments Man” of Southeast Asia during World War II. As a protector of Aotearoa’s taonga and South-East Asia’s cultural heritage, Archey’s legacy endures today through his contributions to the preservation of Māori and Pasifika art.

    Episode 2: A Night at the Orange Take a trip back in time to the vibrant Orange Ballroom in 1950s Auckland, a bustling hotspot for Māori and Pasifika communities. This episode highlights the iconic Bill Sevesi, whose music shaped an era of change and connection in the city.

    Episode 3: Relics: Brick by Brick Get a behind-the-scenes look at RELICS: A New World Rises, the LEGO blockbuster exhibition created by LEGO Masters Australia winners Alex Towler and Jackson Harvey. Discover the art and imagination that brought this futuristic world to life, where LEGO Minifigures inhabit the ruins of human civilisation.

    Following the initial launch, new episodes will be released monthly.  

    The Amp is available on all major streaming platforms, including Spotify and Apple Podcasts. For more information, visit aucklandmuseum.com/discover/podcast

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Trio arrested following Whangārei aggravated robbery

    Source: New Zealand Police (District News)

    Police have quickly rounded up three offenders after an aggravated robbery at a Morningside dairy this morning.

    Three offenders entered the store on Morningside Road store just before 7.30am.

    Detective Senior Sergeant John Clayton, from Whangārei CIB, says the store worker activated the shop’s fog cannon during the incident.

    “All three were allegedly carrying knives while committing the offending, stealing cigarettes and confectionary,” he says.

    “No injuries were inflicted and the group fled shortly afterward.”

    Whangārei Police responded to area, eventually descending on a Raumanga property.

    “At this address we located all three offenders, arresting them and recovering all the stock allegedly stolen this morning,” Detective Senior Sergeant Clayton says.

    “We’re continuing to hold offenders to account that are inflicting harm on our local businesses.”

    The three youth offenders will be facing aggravated robbery charges in the Whangārei Youth Court in due course.

    ENDS.

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News –

  • MIL-OSI USA: Congressman Al Green to Host Press Conference on United States Postal Service (USPS) Failure to Repair Potentially Dangerous Potholes at Almeda Post Office

    Source: United States House of Representatives – Congressman Al Green (TX-9)

    (Houston, TX) — On Tuesday, October 8, 2024, Congressman Al Green will host a press conference to address the ongoing issue of potholes in the parking lot of the Almeda Post Office, which has been a cause of concern for his constituents. Despite reporting the potholes to the United States Postal Service (USPS) and receiving assurances of action, there has been a lack of proper repairs. Congressman Al Green has taken the initiative to address this issue by sending a communique to Peter Pastre, USPS Vice President of Government Relations and Public Policy. A link to access the letter is available here, and you can view photos of the potholes by clicking here.

    The complaint regarding the potholes was initially reported on February 8, 2023, and despite numerous follow-ups, there has been no resolution. The USPS initially acknowledged the pothole service request and stated that there would be an inspection and repairs, however, further complaints have not yielded tangible results. The lack of proper repairs from USPS has prompted Congressman Green to take this additional action.

    Congressman Al Green stated, “I am deeply concerned about the lack of action by the United States Postal Service to repair potentially dangerous potholes. It is unacceptable that there has been no resolution despite following up several times. The safety and well-being of our community is an issue, and we cannot afford to allow this condition to continue.”

    Click here to watch the Facebook Live Stream of the press conference at 10:00 a.m. CT.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Pollution down 80% in key districts

    Source: Hong Kong Information Services

    In the 2022 Policy Address, the Government set a target of reducing by half the pollution loading at stormwater outfalls with serious pollution problems on both sides of Victoria Harbour, in particular at Tsuen Wan, Sham Shui Po, and Kowloon City, by the end of this year.

    Thanks to the combined efforts of the Buildings Department, Drainage Services Department (DSD) and Environmental Protection Department (EPD), as of the second quarter of 2024, the pollution levels not only met but exceeded the target, dropping by about 80%.

    A recent survey by the EPD at the Tsuen Wan waterfront showed that 75% of respondents noted an improvement in odour levels, with nearly half of them reporting a significant improvement.

    Moreover, the concentration of hydrogen sulphide, a key indicator of odour intensity, has dropped significantly by about 80% from April 2022 to this August in the area.

    “Unlike past years, in the morning, it was very smelly. The wind is so fresh today. I don’t smell anything,” said a Tsuen Wan resident, who has been living in the area for two years. 

    Misconnections of sewage pipes to the stormwater drainage system in old districts can cause major odour problems because the sewage is then discharged through stormwater drains to the three main underground box culverts in Tsuen Wan District, and eventually flows out to the waterfront.

    The EPD plays a crucial role in locating the pollution sources.

    “We first collect and analyse water samples to identify areas with potential pollution sources. We then, based on the drainage map of the DSD, trace the exact location of misconnection from downstream to upstream through dye tracing, pipeline closed-circuit television robots and other smart tools,” Environmental Protection Department Senior Environmental Protection Officer Fanny Wong explained.

    The Buildings Department then steps in to follow up with misconnections.

    “Once we confirm there is misconnection in private buildings, we will issue an order to the liable party or the owners of the building, requiring them to rectify the situation,” said Buildings Department Senior Structural Engineer Sonny Kan.

    Similar misconnections exist in public sewers, which are followed up by the DSD, which also expands infrastructure to accommodate population growth and sustainable development in Tsuen Wan.

    “The DSD is constructing approximately 7km of sewers through public works projects. The project started in July 2020 and the progress is satisfactory. The project is anticipated for completion in phases by mid-2026,” Drainage Services Department Senior Engineer John Leung added.

    Between 2022 and the third quarter of 2024, 36 cases in Tsuen Wan have been rectified, addressing 89% of its total pollution. Sham Shui Po resolved 16 cases, tackling 66% of its total pollution, while Kowloon City rectified 32 cases, eliminating 99% of its total pollution.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Sick person in custody dies in public hospital

    Source: Hong Kong Government special administrative region

    Sick person in custody dies in public hospital
    Sick person in custody dies in public hospital
    **********************************************

         A sick 64-year-old male person in custody at Siu Lam Psychiatric Centre died in a public hospital today (October 8).     On October 4, the person in custody was sent to a public hospital for treatment due to physical discomfort. During hospitalisation, his condition deteriorated and he was certified dead at 3.38am today.     The case has been reported to the Police. A death inquest will be held by the Coroner’s Court.     The person in custody was convicted for the offence of manslaughter and detained under a hospital order for psychiatric treatment in February 1978.

     
    Ends/Tuesday, October 8, 2024Issued at HKT 10:45

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: From the Shadows to the Podium: Central Banks and the Press

    Source: Reserve Bank of Australia

    It’s a privilege to be with you today and to announce the shortlist for the 2024 Walkley Business Journalism Award.

    I am not the first senior official of the RBA to address this event – but, to put it mildly, our central banking predecessors a hundred years ago would have been surprised to see us here.

    The high priest of central banking in the mid-1920s was Montagu Norman, Governor of the Bank of England. Norman was an extraordinary character – a devotee of mysticism, who wore a long flowing cloak and travelled under the fake name of Professor Clarence Skinner. His communications strategy was succinctly summarised in the pithy phrase ‘never explain, never apologise’.

    He regularly put those words into practice. When asked by a Parliamentary select committee in 1930 to rationalise a particular course of action, for example, he simply tapped the side of his nose three times and stared into the distance.

    Despite – or perhaps because of – this unusual behaviour, journalists loved him. A breathless 1932 New York Times pen portrait, entitled ‘Banker and Legend’, purred: ‘Mr Norman is all elusiveness, technique, finesse … he sits silent, discreet, unseen … exercising a power unthought of by old-fashioned tyrants and only glimpsed by alchemists of long ago poring over their crucibles.’

    Sadly, that passion went unreciprocated. Indeed, Norman made titanic efforts to avoid the press. Once, aboard ship in rough seas, word reached him that reporters were gathering to question him at the next port. He promptly leapt over the rails, shimmied down a rope ladder, and made his escape in a dinghy.

    ‘Never explain, never apologise’ permeated every aspect of the Bank of England’s operations at that time. Not for them, the modern paraphernalia of glossy reports, explainers and press conferences. For much of the 20th century, changes in official interest rates were communicated solely through the medium of a large printed card, placed in the Bank’s ornate lobby, and a simultaneous verbal announcement by the ‘government broker’ to traders in the government bond market. To effect that announcement, the broker removed his top hat, stood upon a bench, and bellowed at the top of his voice. Fleet Street’s finest played no role.

    Indeed, even when I joined the Bank of England in the early 1990s, the main job of the Head of the Press Office was still said to be, with little irony: ‘keep the Bank out of the press and the press out of the Bank’.

    That mindset extended well beyond the United Kingdom.

    The US Federal Reserve, for example, was established in conditions of such extreme secrecy, that those meeting to agree its charter in 1910 tried to pass off their discussions as a recreational duck hunting trip to Jekyll Island, Georgia. Three quarters of a century later, they were still at it. In 1987, Alan Greenspan famously told members of the US Congress: ‘since I’ve become a central banker, I’ve learned to mumble with great incoherence … if I seem unduly clear to you, you must have misunderstood what I said.’ He was only half joking.

    Over recent years, however, things have changed profoundly as central banks have emerged blinking into the sunlight of greater transparency – a process dubbed the ‘quiet revolution’ by Alan Blinder.

    The revolution certainly began quietly. The RBA, for example, only began announcing changes to its policy rate to the media in 1990. Prior to that, market participants were expected to draw their own conclusions about what had happened by scrutinising the detail of the Bank’s market operations.

    In the years since, however, the revolution has got louder. Central banks now produce a vast stream of material, from written inflation reports, research material and policy committee minutes, to increasingly interactive public appearances, including speeches, Parliamentary scrutiny, conference panels, on-the-record interviews and press conferences.

    All of that reflects two key drivers.

    The first is the recognition that the huge powers conferred on central banks by the granting of operational independence – powers that affect every citizen in the country – come with an essential quid pro quo. And that is the obligation to account for our actions: to explain, and to be scrutinised and challenged. That need for explicit public accountability has been further amplified by the burgeoning scale, scope and complexity of central bank operations; by back-to-back crises; and by the more demanding public expectations of public institutions generally.

    But transparency and challenge isn’t just something we have to do: it manifestly also drives better policymaking. Public understanding and trust in our mission helps to anchor inflation expectations – a vital component of effective monetary policy. Knowing how central banks see the economic outlook, and how policy will respond to changes to that outlook – our so-called ‘reaction functions’ – affects behaviour today. Indeed, for many economies, the vast majority of the effect of monetary policy comes not from changes in today’s official interest rate, but through expectations about how those rates will evolve in the future. So communications is everything – or almost everything.

    But those benefits only accrue if we get our message across – not just to the modern descendants of those top-hatted bankers, but to the public at large. And that’s where we need all of you in this room. Because, let’s face it, central bankers globally have had a mixed track record historically when it came to clear and effective communications – even when they were trying. Back in 2017, Andy Haldane – then Chief Economist of the Bank of England – estimated the minimum reading age required for a range of public communications, including central bank publications, the Economist, Elvis Presley’s lyrics and Donald Trump’s speeches. He found that Trump’s speeches could be understood by three-quarters of the population, and Elvis’s lyrics by only slightly less. But the complexity of most central banking communications at that time meant they could reach at most only 10 per cent of the public. That is no basis for building broad-based trust, credibility and understanding.

    It was clear we could do better – and we are. Research from the European Central Bank (ECB) shows that its current President, Christine Lagarde, uses language that is far more widely comprehensible than her predecessors, on Haldane’s measures. Similarly, the approach adopted by our own Governor, Michele Bullock, at the RBA’s new press conferences has won widespread praise for its clarity and simplicity.

    But the fact is that most people still hear about us through you. Despite the increasingly fractured landscape of social media and on-demand streaming, overwhelmingly the dominant source of information about central bank policy remains the good old press, TV and radio. So we need your skills as translators and explainers.

    More importantly still, we need your challenge. As public officials, knowing your analysis has to withstand public scrutiny drives an enormous lift in the quality and robustness of that analysis. I saw that up close at the Bank of England in the 1990s when we first embraced real transparency. Poor arguments, which once went unquestioned in grey smoke-filled rooms, did not survive the rigour of public examination. So, whatever may have been alleged in some quarters, both I and the RBA strongly welcome challenge, scrutiny and debate.

    Of course, it’s sometimes less fun when robust press scrutiny bleeds over from the purely technocratic to the personal. That’s certainly familiar to someone, like me, who comes from a country whose press managed to summarise a particularly salacious episode in the central bank’s life as ‘It’s the Bonk Of England’, filmed a live runoff between a recent prime minister and a decaying lettuce, and followed the Bank of England Governor to the office every day for a week during Covid in a somewhat confused attack on the Bank’s policy on working from home. Some past RBA Governors have had to face similar treatment.

    But all of us in public life must – and do – recognise the privilege that comes with our roles, and the accountability we owe, via you, to the public at large. So I want to thank you – not just for the vital role you play in helping to explain the complexities of economic policy, but also for your informed scrutiny and challenge, which forces us to raise our game and stay accountable for the huge powers we wield. If the cleansing effect of transparency is to continue to be effective, so must your role.

    With that, let me turn to my main task here today, which is to announce the finalists for the 2024 Walkley Business Journalism Award. The goal of these Awards is to encourage journalists to pursue rigorous and fearless reporting in the field of business, economics and finance. And they have certainly met that brief this year!

    And with that I look forward to our discussion here today. Thank you.

    MIL OSI News –

  • MIL-OSI Australia: Wake-up call for phone-wielding drivers

    Source: South Australia Police

    Drivers clocked up 2544 fines during the first week of expiations snapped by South Australia’s new mobile phone detection cameras, with at least three people expected to lose their licence.

    Following a three-month grace period, week-one data from 19 September 2024 to 25 September 2024 shows, pleasingly, driver behaviour has improved.

    However, a concerning number of offenders are still choosing to “flirt with death”, suffering expensive repercussions including a $556 fine plus a $102 Victims of Crime levy and three demerit points.

    Reviewed by a trained SAPOL adjudicator, of the 2604 potential incidents, 2544 or 97.70 per cent received an expiation notice. Day one alone saw 405 notices issued.

    Across five metropolitan camera locations, the first week’s rate of expiation notices has averaged 0.24 per cent compared to 0.37 per cent in the last week of the grace period.

    “This demonstrates people are hearing the call that illegal mobile phone use on our roads will not be tolerated,” South Australia Police (SAPOL) Traffic Services Branch Officer in Charge, Superintendent Darren Fielke said.

    “But it defies all reason some drivers are still putting their lives and others at risk by using their phones when behind the wheel. Use includes having the phone in your lap, under or on your body or touching or being touched by any part of your body except in certain circumstances.

    “In only one week, 2544 motorists were detected, and no one can say we didn’t warn them. The fact certain drivers were caught multiple times across several of the camera locations is unbelievable.”

    Two registered vehicle owners will receive six expiations for detections, and another will be issued with five. All three are expected to lose their licences.

    “Disappointingly, our records show the registered vehicle owners that were detected five times and more in the first week had also received warning letters during the grace period,” Superintendent Fielke revealed.

    “Our continued message to drivers is simple; leave your phone alone while driving, or you might pay the ultimate price.”

    In 2024 so far, distraction has been a contributing factor in 2101 casualty collisions, with 23 lives lost and 221 serious injuries suffered.

    Mobile phone detection cameras are in place across five high-risk locations, monitoring 13 lanes. All five locations have had warning signs installed.

    First week expiation data shows, of the 2544 expiations issued, 702 were detected at North South Motorway, Regency Park, 580 at Southern Expressway, Darlington, 553 at South Road, Torrensville, 473 at Port Road, Hindmarsh and 236 at Port Wakefield Road, Gepps Cross (vehicle volume 1,061,589).

    South Road, Torrensville was identified as having the highest percentage of expiations sent considering vehicle volume, and Southern Expressway, Darlington the lowest.

    Mobile phone detection cameras were introduced across the five sites between 19 June and 18 September 2024, and during the three-month expiation grace period, SAPOL sent 68,252 warning notices for mobile phone offences.

    Two other camera locations are currently being considered and are expected to be in place during 2025.

    Visit Think! Road Safety for further information about mobile phone detection cameras.

    *No new photos are available from phone camera detections

    Data table

    Distracted Driving Statistics for 19 September 2024 to 25 September 2024 Inclusive

    Vehicle Volume

    Total Incidents
    (Potential Offences)

    Expiation Notices Sent

    % Expiation Notices Sent

    % Expiation Notices

    1,061,589

    2604

    2544

    0.24%

    97.70%

    MIL OSI News –

  • MIL-OSI New Zealand: Asphalt repairs next week for section of SH3 Carlton Ave

    Source: New Zealand Transport Agency

    A stretch of State Highway 3 (SH3) Carlton Avenue in Whanganui will close to southbound traffic later next week for asphalt repairs.

    The work will take place over 3 days from next Wednesday 16 October, between 7am and 7pm each day.

    During these work times, a section of SH3, between Smithfield Road and Jackson Street, will be under a one-way closure for all southbound traffic. SH3 will remain open for all northbound traffic, with a 30km/h temporary speed limit in place.

    The below detours will be in place for light and heavy vehicles:

    • All southbound light vehicles (cars and other non-freight vehicles) will be detoured via Purnell Street to Guyton Street to Heads Road then back to SH3.
    • All southbound heavy vehicles (freight trucks) will be detoured via Montgomery Road to Mosston Road to Heads Road and back to SH3.

    The light vehicle detour is expected to add about 5 minutes to journey times. For heavy vehicles, please expect an extra 10 minutes to be added to your journey.

    Outside of the work hours, SH3 Carlton Ave will be fully open with a 30km/h temporary speed limit in place. Please note, access will remain to Smithfield Road from SH3. Access from Alma Road to the SH3 roundabout will be restricted to help ease traffic flow. Road users are advised to follow signage, reduced speeds and any directions from staff on site.

    In the event of bad weather, work will begin on the next fine day and may extend the programme out to include works on Saturday 19 October.

    Recent heavy and persistent rainfall has caused a number of potholes to open up in this area. Crews applied temporary fixes at the time while this longer-term fix could be arranged. A day-time closure allows crews to complete this road maintenance work as efficiently and safely as possible, while keeping road users moving.

    Thank you for your patience and understanding while we complete this important road maintenance work to strengthen this section of road and improve its long-term condition.

    MIL OSI New Zealand News –

  • MIL-OSI China: Shanghai sees photographers flock to gallery

    Source: China State Council Information Office 3

    Tourists taking a walk along the side streets of Shanghai lined with Shikumen houses, a chorus singing by the Huangpu River, and fanatic photographers gathering at the best location for a great shot… The ongoing exhibition at Bund 18 Art Gallery presents dramatic scenes in contemporary urban life.

    Going on from September 20 to Oct 27, the exhibition entitled Blossoms is open at the Bund 18 Jiushi Gallery, jointly hosted by the Shanghai municipal committee of the China Democratic League, Shanghai Artists’ Association and Shanghai Jiushi Art Museum.

    It is showcasing 50 paintings by Shanghai Portraiture Artists’ Society, as well as 12 paintings by the advisors for the society.

    MIL OSI China News –

  • MIL-OSI USA: VIDEO: Pressley Observes Anniversary of October 7th Attack with Impacted Families, Faith Leaders, Advocates

    Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

    “Every life is a universe. And every life lost to this violence is a tragedy. Our moral compass must never waver. Our shared humanity is counting on it. Our destinies and freedoms are tied.”

    Video | Photo

    BOSTON – This evening, Congresswoman Ayanna Pressley (MA-07) joined impacted families, faith leaders, and advocates to observe the anniversary of the horrific October 7, 2023 attack and commemorate the 1,200 Israelis killed by Hamas, the hostages killed and those still kidnapped, and the over 41,000 Palestinians in Gaza killed by the Israeli military over the past year. Congresswoman Pressley issued a statement marking the anniversary of the attack earlier today.

    At the Boston Public Garden, Rep. Pressley joined IfNotNow, faith leaders, and community advocates to deliver remarks at a memorial service to grieve lost Israeli, Palestinian, and Lebanese lives. At the Wang Theater, Rep. Pressley joined Combined Jewish Philanthropies and the Jewish Community Relations Council of Greater Boston for an Evening of Remembrance and Hope.

    A transcript of her remarks at the memorial service is available below and full video is available here. For photo of the event, click here.

    Transcript: Pressley’s Remarks at October 7th Memorial Service for Israeli, Palestinian, and Lebanese Lives

    October 7, 2024

    Boston Public Garden

    Good evening, movement family. And I mean it when I say family.

    We’re all here because we recognize, as one human family, that our destinies are tied. 

    Today is a heavy day. It is a solemn day. 

    The grief and trauma run deep in our communities. 

    I share in your heartbreak. Not only as your Congresswoman but as a woman of faith.

    A faith that affords me clarity, anchoring, a faith that was gifted to me by my mother, now an ancestor.

    My faith is enduring and abiding.

    It is a faith in a power that is greater than me, that is greater than you, that is greater than all of us. 

    It is a faith in the divine, a faith in humanity, a faith in the power and the practice of radical love.

    As someone who grew up in a small storefront church, pastored by my grandfather, I believe in the power of prayer and tradition.

    I believe that we are one human family, and I know that there is something truly powerful and transformative about the beloved, collective community that I’m bearing witness to in this moment.

    A year ago today, October 7, tragedy befell us.

    And today, 365 days later, we are still grieving.

    Grieving for the nearly 1,200 Israeli lives stolen in the horrific attack conducted by Hamas militants.

    Grieving for the over 250 Israeli hostages taken captive, torn away from their families, many of whom have been killed.

    I am grieving for the loved ones and communities they leave behind. 

    I am praying for the remaining hostages’ safe return.

    As people of faith, we believe we are all God’s children—Palestinian, Israeli, Americans alike.

    So I know we are all grieving. We have witnessed devastating losses and held space for the vulnerability that so many grapple with daily, including right here. 

    And we grieve for the Israelis murdered, and for the tens of thousands of Palestinians in Gaza murdered by the Israeli military in the last year.

    That number does not account for those still trapped under the rubble of their homes, their houses of worship, their hospitals.

    That number does not account for those slowly dying of hunger, from infections and from the cold.

    Horrific massacres. Severed limbs. Mass starvation. Forced displacement.

    While bomb after bomb continue rain down. U.S. made bombs. Shameful.

    Every life is a universe. We have been robbed of siblings and cousins, parents and elders, babies, people of flesh and bone who loved and were loved. 

    Today, I’m thinking of a young woman I met named Sara. A brilliant creative with a penchant for black leather jackets like me. 

    A 17-year-old from Gaza. She was severely burned and injured in an Israeli airstrike and her two younger brothers were killed.

    I’m thinking of the children of a mother and father—peace activists—who were murdered by Hamas on their daily morning walk. 

    The mother used to write haikus on her Facebook page. Her last poem was about a flower blooming with kindness and tolerance.

    I sat in horror as American doctors described in graphic detail what they witnessed when they returned from a field hospital in Gaza treating pediatric patients. 

    Every child deserves a future. These are babies who knew only pain for the few precious days and weeks that they were on this earth.

    A five-year-old whose body was covered in burns. A seven-year-old with gunshot wounds to the head and torso.

    No one should ever endure such horror and pain.

    I am outraged and I am heartbroken by the genocide we are witnessing of the Palestinian people. Babies, children, elders, entire generations of Palestinian families decimated.

    And as we reflect on the horrors of the past year, we must remember that are indeed one human family—regardless of religion or nation of birth—and our destinies are tied.

    And if this past year has taught us anything, it is that death and destruction beget death and destruction.

    Vengeance is not a foreign policy doctrine. And diplomacy is the only path forward.

    Since that horrific day exactly one year ago, I have been clear that diplomacy and saving lives must be the priority.

    As a policymaker, we have a moral, humanitarian, and righteous mandate to save lives.

    And every action taken by policymakers—from Congress to the White House to the Knesset—should be in pursuit of de-escalation, saving lives, and preventing a broader regional war.

    We need a permanent ceasefire now.

    And we must bring every last hostage safely home.

    We must stop sending bombs and bullets that will be used to kill women and children. Not another bomb.

    And we must save lives. We must save lives. In Israel, in Gaza, in Lebanon, and all across the region.

    Tonight, I am holding space for every Jewish, Muslim, Arab, American, Palestinian and Israeli person grieving today.

    Every life is sacred. 

    As Judaism reminds us, every life is a universe. And every life lost to this violence is a tragedy.

    Our moral compass must never waver. 

    Our shared humanity is counting on it. 

    Our destinies and freedoms are tied.

    So today and always, may we continue to pray for peace, to call for peace, to work for peace, to pursue a more just and equitable world.

    Thank you all for the honor of sharing this sacred space with you today. 

    It is an honor to be your interfaith sister in solidarity in the pursuit of justice and healing.

    —

    Since the horrific October 7th attack, Congresswoman Pressley has consistently and stridently called for a ceasefire to save lives, return all hostages, and surge humanitarian aid to Gaza. To date, over 41,000 Palestinians have been killed by Israeli airstrikes and over 100 hostages are still held captive by Hamas in Gaza. Rep. Pressley delivered a floor speech in which she called for urgent de-escalation in the Middle East and renewed her calls for a ceasefire in Gaza and Israel to prevent a broader regional war. Rep. Pressley has also introduced an amendment to place a one-year moratorium on the transfer of offensive weapons to the Israeli military. 

    Throughout the Israel and Hamas conflict, Rep. Pressley has been a vocal and consistent advocate of diplomacy, de-escalation, and saving lives.

    • Rep. Pressley joined Congresswoman Haley Stevens (D-MI) and their colleagues on a resolution condemning Hamas’ brutal attack and hostage-taking, and demanding Hamas immediately release all hostages.
    • Rep. Pressley joined Reps. Jan Schakowsky (IL-09), Mark Pocan (WI-02), Pramila Jayapal (WA-07), James P. McGovern (MA-02), and 50 colleagues on a letter condemning the terrorist attacks by Hamas on the people of Israel, calling for Israeli military operations to follow the rules of international humanitarian law, and continuing to work toward peace in the region.
    • Rep. Pressley joined her colleagues in announcing a resolution urging the Biden Administration to call for an immediate de-escalation and ceasefire in Israel and Gaza, to send humanitarian aid and assistance to Gaza, and to save as many lives as possible. She later joined her colleagues and a multi-faith, multiracial coalition of faith leaders and organizers for a prayer and press conference to renew their calls for a ceasefire. Rep. Pressley also joined dozens of rabbis and Members of Congress for a press conference to renew calls for a ceasefire in Gaza.
    • Instead of attending Prime Minister Netanyahu’s address to Congress, Rep. Pressley spent the day centering people directly impacted by Israel’s ongoing war in Gaza
    • Rep. Pressley delivered a floor speech in which she condemned antisemitism, Islamophobia, and all forms of hate on college campuses.
    • Rep. Pressley joined a coalition of nearly 100 interfaith clergy and faith leaders on a joint statement on Martin Luther King Jr. Day calling for a ceasefire in Gaza.
    • Rep. Pressley joined Reps. Grace Meng (D-NY), Nicole Malliotakis (R-NY), and nearly 150 colleagues in urging the State Department to use all tools at its disposal help get Americans out of Israel and back home to the United States. She applauded the State Department for heeding her calls on October 12, 2023 and continues to press for the urgent evacuation of Americans in Gaza.
    • Rep. Pressley issued a statement following the safe evacuation of Massachusetts constituents Wafaa and Abood Okal and their one-year-old Yousef from Gaza.
    • Rep. Pressley and Rep. Jamie Raskin led a group of 60 House lawmakers in urging the State Department to affirm the United States’ strong opposition to the forced and permanent displacement of Palestinians from Gaza, and to support an increase in humanitarian aid to the region.
    • Rep. Pressley joined Representatives Alexandria Ocasio-Cortez (NY-14), Mark Pocan (WI-2), Betty McCollum (MN-4) and 20 of their colleagues in sending a letter to President Biden, asking him to support a bilateral ceasefire in Gaza to protect the one million children living there.
    • Rep. Pressley joined a coalition of interfaith clergy and faith leaders for a vigil to mourn the tens of thousands of Palestinians, Israelis, and innocent civilians killed since October 7th, and to renew calls for a ceasefire to save lives, return all hostages, and deliver humanitarian aid to the region.
    • Rep. Pressley joined her colleagues at a press conference to condemn the Israeli government’s pending invasion of Rafah and continued her calls for a ceasefire in Gaza.
    • Rep. Pressley joined her colleagues in calling for full funding of the United Nations Relief and Works Agency (UNRWA) to provide urgent humanitarian relief to Gaza.
    • Rep. Pressley joined Representatives Joaquín Castro, Jamie Raskin, Jan Schakowsky and 33 House Democrats to President Biden urging him to prevent an Israeli ground invasion of Rafah.
    • Rep. Pressley, amid heightened tensions in the region, delivered a floor speech in which she called for urgent de-escalation in the Middle East and renewed her calls for a ceasefire in Gaza to prevent a broader regional war.
    • Rep. Pressley filed a pair of amendments to increase funding to global humanitarian assistance and place a one-year moratorium on the transfer of offensive weapons to the Israeli military. The amendments were not adopted in the final legislation. 
    • Rep. Pressley voted against HR 8034 to send more offensive weapons and funding to the Israeli military, citing the Israeli military’s callous disregard for human life in Gaza and significant human rights violations.
    • Rep. Pressley issued a statement on the peaceful student protests taking place in Massachusetts and across the country.
    • Rep. Pressley issued a statement applauding the Boston City Council for passing a resolution calling for a ceasefire in Gaza.
    • Rep. Pressley joined Representatives Pramila Jayapal (WA-07), Madeleine Dean (PA-04) and 54 additional lawmakers in calling on the Biden Administration to use all tools possible to dissuade the Israeli government from moving forward with an offensive invasion into Rafah.
    • Rep. Pressley issued a statement in response to the escalating situation in the Middle East.

    ###

    MIL OSI USA News –

  • MIL-OSI Economics: Secretary-General of ASEAN participates in ASEAN Foreign Ministers’ Meeting in Vientiane

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended the ASEAN Foreign Ministers’ Meeting in Vientiane, Lao PDR. Chaired by Deputy Prime Minister and Minister of Foreign Affairs of Lao PDR, H.E. Saleumxay Kommasith, the ASEAN Foreign Ministers discussed the preparations for the 44th and 45th ASEAN Summits and Related Summits, including taking stock of ASEAN Community building efforts and ASEAN’s relations with external partners under Lao PDR’s ASEAN Chairmanship this year.

    The post Secretary-General of ASEAN participates in ASEAN Foreign Ministers’ Meeting in Vientiane appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: TMG and Huawei join forces to offer AI Cloud Services for the first time in Egypt

    Source: Huawei

    Headline: TMG and Huawei join forces to offer AI Cloud Services for the first time in Egypt

    [Shenzhen, China, October 8, 2024] Huawei has partnered with Egypt’s Talaat Moustafa Group (TMG) to build and deploy cutting-edge AI-powered cloud technology for the first time in the Egyptian market.
    Under the agreement, signed in Shenzhen, China, TMG will leverage Huawei’s advanced cloud technologies in building and developing cloud data centers and AI technologies, providing a wide range of advantages in the Noor City project. This technology is an ideal option for smart city development as it will rely on scalable infrastructure, real-time data analytics, and seamless connectivity.
    TMG plans to offer comprehensive cloud services to the Egyptian market through “NOOR Cloud” and through the partnership will seek to meet the diverse needs of various urban communities with first-to-market cloud solutions.
    Mohamed Hisham Talaat Moustafa, Chief Recurring Income Officer at TMG, said: “We are thrilled to announce a strategic agreement with Huawei to develop a cutting-edge cloud aimed at providing essential services to the market. TMG will be leading the market by embracing cloud technology. TMG cloud-enabled applications will not only drive economic growth but also create new opportunities for innovation across industries, offering services to customers. By leveraging advanced technology, we aim to lead the market and empower businesses to thrive in a competitive landscape. Together, we will open doors to a future of limitless possibilities and drive transformative change.”
    Mohamed Salah, VP of Intelligent Cities – Recurring Income at TMG, added: “We are entering a transformative era in Egypt’s urban development. Our collaboration with Huawei is not merely about implementing technology; it’s about reimagining urban living to meet the needs of our communities. By integrating innovative and sustainable solutions, we are establishing new benchmarks for real estate development. Together, we are committed to creating smart cities that stimulate economic growth and foster resilient communities throughout the country.”
    Hank Chen, Vice President of Huawei Government Public Services Digitalization Business said, “Cloud technology is a game-changer for smart city development, offering unparalleled opportunities for cities to thrive in the digital era. By embracing Cloud, cities can fully unlock the potential of cloud technology to create a better future for urban living.”
    Commenting on the agreement, Felix Xu, CEO of Huawei Egypt Enterprise Business Group, said: “By expanding our partnership with TMG, we are committed to supporting their vision of a smart city that is not only technologically advanced but also sustainable, inclusive, and future-proof. Our comprehensive portfolio of cutting-edge products and technologies, including robust cloud services, next-generation networks, scalable storage solutions, and intelligent AI large models, positions us to support TMG in realizing their vision to transform cities into smarter, more connected environments, ensuring optimal performance and reliability of their infrastructure.”
    The new collaboration between Huawei and TMG builds on their longstanding partnership in developing cutting-edge smart cities and sustainable communities. By leveraging their combined expertise, TMG and Huawei aim to redefine the standards for urban development and digital innovation in Egypt.

    MIL OSI Economics –

  • MIL-OSI Economics: TMG and Huawei join forces to offer AI Cloud Services for the first time in Egypt Oct 08, 2024

    Source: Huawei

    Headline: TMG and Huawei join forces to offer AI Cloud Services for the first time in Egypt
    Oct 08, 2024

    [Shenzhen, China, October 8, 2024] Huawei has partnered with Egypt’s Talaat Moustafa Group (TMG) to build and deploy cutting-edge AI-powered cloud technology for the first time in the Egyptian market.
    Under the agreement, signed in Shenzhen, China, TMG will leverage Huawei’s advanced cloud technologies in building and developing cloud data centers and AI technologies, providing a wide range of advantages in the Noor City project. This technology is an ideal option for smart city development as it will rely on scalable infrastructure, real-time data analytics, and seamless connectivity.
    TMG plans to offer comprehensive cloud services to the Egyptian market through “NOOR Cloud” and through the partnership will seek to meet the diverse needs of various urban communities with first-to-market cloud solutions.
    Mohamed Hisham Talaat Moustafa, Chief Recurring Income Officer at TMG, said: “We are thrilled to announce a strategic agreement with Huawei to develop a cutting-edge cloud aimed at providing essential services to the market. TMG will be leading the market by embracing cloud technology. TMG cloud-enabled applications will not only drive economic growth but also create new opportunities for innovation across industries, offering services to customers. By leveraging advanced technology, we aim to lead the market and empower businesses to thrive in a competitive landscape. Together, we will open doors to a future of limitless possibilities and drive transformative change.”
    Mohamed Salah, VP of Intelligent Cities – Recurring Income at TMG, added: “We are entering a transformative era in Egypt’s urban development. Our collaboration with Huawei is not merely about implementing technology; it’s about reimagining urban living to meet the needs of our communities. By integrating innovative and sustainable solutions, we are establishing new benchmarks for real estate development. Together, we are committed to creating smart cities that stimulate economic growth and foster resilient communities throughout the country.”
    Hank Chen, Vice President of Huawei Government Public Services Digitalization Business said, “Cloud technology is a game-changer for smart city development, offering unparalleled opportunities for cities to thrive in the digital era. By embracing Cloud, cities can fully unlock the potential of cloud technology to create a better future for urban living.”
    Commenting on the agreement, Felix Xu, CEO of Huawei Egypt Enterprise Business Group, said: “By expanding our partnership with TMG, we are committed to supporting their vision of a smart city that is not only technologically advanced but also sustainable, inclusive, and future-proof. Our comprehensive portfolio of cutting-edge products and technologies, including robust cloud services, next-generation networks, scalable storage solutions, and intelligent AI large models, positions us to support TMG in realizing their vision to transform cities into smarter, more connected environments, ensuring optimal performance and reliability of their infrastructure.”
    The new collaboration between Huawei and TMG builds on their longstanding partnership in developing cutting-edge smart cities and sustainable communities. By leveraging their combined expertise, TMG and Huawei aim to redefine the standards for urban development and digital innovation in Egypt.

    MIL OSI Economics –

  • MIL-OSI: CORRECTION – Liqueous LP Announces $65 Million Financing Program in Nuburu Inc. (BURU), Highlighting Comprehensive Financing with Limited Dilution

    Source: GlobeNewswire (MIL-OSI)

    DOVER, Del., Oct. 07, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline on Monday, October 7th by Liqueous LP, there are changes in the text. The following release removes U.S. Navy and GE Additive and corrects it to U.S. Air Force:

    Liqueous LP, a leading multi-strategy fund, focused on leveraging emerging technologies to set a new industry standard for how micro, small, and mid-market issuers access growth capital, is pleased to announce a comprehensive $65 million financing program for Nuburu Inc. (NYSE American: BURU), a trailblazer in high-power industrial blue laser technology. This financing program, structured jointly with the team at Nuburu, provides terms designed to deliver predictable, strategic, and low-cost capital while minimizing dilution, significantly exceeding Nuburu’s current market cap of approximately $2.6 million, underscoring the company’s substantial intrinsic value and transformative potential across multiple industries.

    The investment includes a $15 million direct capital injection and the establishment of a $50 million equity line of credit (ELOC), designed to accelerate Nuburu’s expansion in sectors such as e-mobility, healthcare, defense, and consumer electronics. This strategic financing solution mitigates dilution through pre-funded warrants, executed at market prices at the time of investment, allowing for possible price appreciation and flexibility across each tranche. Liqueous LP’s investment is aligned with the market value, ensuring the PIPE is funded at market price without any discounts, resets, or toxic dilutive features.

    Jacob M. Fernane, Managing Partner at Liqueous LP, commented:

    “This is a very comprehensive financing solution that provides Nuburu with predictable capital while minimizing dilution and market disruption. The financing is structured at market value with no toxic elements, ensuring our investment aligns with Nuburu’s continued success and growth. Our partnership with Nuburu reflects our strong confidence in the intrinsic value of the company’s technology and its potential to revolutionize multiple high-growth industries.”

    Under the Master Transaction Terms Agreement, Liqueous LP will provide Nuburu with immediate capital, including an initial $3 million investment via pre-funded warrants, followed by weekly capital infusions of $1.25 million until an additional $10 million is invested. Additionally, Nuburu will have access to a $50 million equity line of credit (ELOC), giving the company flexibility for future growth, including a $2.5 million convertible note that is available for immediate use.

    This financing has been structured in a way that avoids unnecessary dilution, leveraging pre-funded warrants with registration rights, while allowing the company to raise capital incrementally at market prices. This approach provides Nuburu with substantial liquidity to scale its operations while validating the company’s underlying value.

    Nuburu’s recent contracts with NASA, along with its pioneering blue laser technology and key clients including the U.S. Air Force, demonstrate the company’s growing market presence in industries that require precision and high-speed processing, such as space exploration and aerospace.

    Brian Knaley, CEO of Nuburu, added:

    “We are excited to partner with Liqueous LP in what is a significant step forward for our company. This financing continues our commitment to strengthening our balance sheet and financial position and underscores the confidence Liqueous has in our groundbreaking technology and our ability to transform key industries. The fact that this financing comes with favorable terms and limited dilution is a testament to the value both sides see in our long-term potential.”

    About Liqueous LP

    Liqueous LP is an innovative, multi-strategy fund focused on leveraging emerging technologies to provide a new industry standard for how micro, small, and mid-market issuers access growth capital. By utilizing proprietary technology and advanced risk management solutions, Liqueous delivers long-term, low-cost capital that optimizes value and mitigates risk for its portfolio companies. Liqueous specializes in bespoke financing structures including shareholder liquidity products such as REPOs, block trades, and other asset-backed instruments. To learn more, visit http://www.liqueous.com.

    About NUBURU

    Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and its high-brightness, high-power design to produce higher quality welds and parts at a faster rate than current lasers can produce for laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds at a rate that is up to eight times faster than traditional welding methods — all with the flexibility inherent to laser processing. For more information, please visit http://www.nuburu.net.

    Forward-Looking Statements

    This press release contains forward-looking statements that involve risks and uncertainties, including those related to Liqueous LP’s and Nuburu’s financial performance and future business activities. These statements are based on current expectations and projections, but actual results may differ due to market conditions or strategic shifts. Liqueous LP is under no obligation to update these forward-looking statements except as required by law.

    Contact:
    info@liqueous.com

    The MIL Network –

  • MIL-OSI New Zealand: Name Release, Fatal crash, Tuamarina

    Source: New Zealand Police (District News)

    Police can now release the name of one of the young men who died following a single vehicle crash on SH1, Tuamarina, 1:45am Sunday 6 October.

    He was 19-year-old Brayden Charles Allen of Picton, Marlborough.

    Police would like to extend our deepest sympathies to the family of the deceased

    Enquiries into the circumstances of the crash are ongoing.

    A statement from Brayden’s family below: 

    We are heartbroken to announce the tragic passing of our beloved Brayden Charles Allen early Sunday morning. Brayden was the cherished son of Scott Allen and Erin Ellis and was also deeply loved by stepdad Zane Ellis and stepmum Jocelyne Allen.

    He was the most fun-loving, out-of-this-world character who truly lived life to the fullest, and his loss is incomprehensible to us all. The love between a parent and a child is beyond measure, and Brayden filled his parents’ lives with joy, laughter, and endless love. The loss of a child is a pain no parent should ever bear, and the grief we feel is overwhelming and unimaginable. Brayden’s life was a light in all our lives, and that light will forever remain in our hearts.

    Brayden’s bond with his younger brother Ajani was nothing short of extraordinary. They shared a connection that was deep, unshakable, and uniquely their own. Their relationship was built on love, understanding, and a shared sense of adventure. It was as if the two brothers had their own language, a silent connection that was felt by everyone around them.

    Whether they were exploring the outdoors or simply enjoying each other’s company, the bond between them was unbreakable. Brayden was more than just a big brother to Ajani—he was his protector, his best friend, and his biggest supporter.

    It was the kind of brotherly love that could never be explained but always felt deeply by those around them. It was a bond so special and strong, the love they shared was unexplainable but undeniably powerful. Their closeness was a joy to witness, a reflection of Brayden’s huge heart and his devotion to those he loved.

    Brayden passionately embraced the outdoors and lived every moment to the extreme with his adoring sidekick Busta. His adventurous spirit and love for life were infectious, making every moment with him feel larger than life. He had a way of bringing light into any situation, and his ability to lift up others knew no bounds. His family, including his aunts Carina, Raewyn, Megan, Bronwyn, uncles Ben, Sam, David, Luke, and Bendy, Alec and his adoring grandparents Ian and Paula, Karen and Phil, late Poppa, Colin and Melva, Gud, Nanna B, Daniel and Louise, Suzie and the late Jeffrey and the countless extended cousins, aunties and uncles are devastated by this unimaginable loss.

    With a heart bigger than he sometimes knew how to handle, Brayden was fiercely loyal and loving to all who were fortunate enough to know him. He was a devoted son, brother, friend, boyfriend, grandchild, and nephew, always aware of how others felt and going to the ends of the earth to make them feel wonderful.

    He was, without a doubt, a person whose joy for life and deep care for others left a mark on everyone he met. Brayden’s departure leaves an irreplaceable void in our hearts, but we are so incredibly grateful for the joy he brought into our lives. We will hold on to his memory, his love, and his adventurous spirit forever.

    Brayden’s family have requested that in lieu of flow, donations could be made to the Nelson/Marlborough rescue helicopter.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –