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  • MIL-OSI Global: Ketamine: what you need to know about the UK’s growing drug problem

    Source: The Conversation – UK – By Ian Hamilton, Honorary Fellow, Department of Health Sciences, University of York

    There is growing awareness of the problems caused by the use of a fast-acting drug called ketamine. Often referred to as K or ket, it was made a class B drug in the UK in 2014 and is illegal to buy or sell. Possessing the drug can lead to a maximum five-year prison sentence and supplying the drug up to 14 years in prison.

    Ketamine is an effective anaesthetic and plays an important part in battlefield and emergency medicine. It is used to treat pain in end-of-life care and could treat some forms of depression. However, it is its non-medical use that is causing concern among some doctors and specialist drug-treatment providers.

    On the illicit market, ketamine is cheaper than cocaine and MDMA (ecstasy), costing about £20 a gram. Police forces report large seizures of the drug, but global rates of production are high, and the wholesale price of a kilogram of ketamine is believed to have fallen from £8,000 to £5,000. This makes it an attractive drug for young people and those with a limited income.

    Ketamine typically takes about 15 minutes to work and induces euphoria, relaxation and a slight sense of detachment. However, with higher doses it can also cause dissociation. This can be confusing and can cause panic attacks and memory loss. It can increase blood pressure and affect breathing and heart function.

    Effects can also be fatal. The Friends actor Matthew Perry died in 2023 as a result of using the drug.

    Some urologists have also expressed concern about an increase in bladder problems (so-called “ketamine bladder”) as a result of prolonged and heavy use of the drug. Although national data about the number of people with ketamine bladder is not available, there are other sources about the use of ketamine.

    Ketamine first became popular as a recreational drug in the early 1990s. Use among people aged 16-24 in England and Wales rose from 0.9% in 2006-07 to 3.8% in 2022-23 – which is about 220,000 people.

    There has been an increase in young people attending specialist treatment services with problems related to ketamine use: 512 during 2021-22 rising to 719 in 2022-23.

    The increase is concerning as few services and interventions are available that specifically address ketamine use. An increase in people seeking treatment has not been helped by historic cuts to drug-treatment funding, which is only beginning to be addressed, and a lack of meaningful drug education and early intervention responses.

    This increase in young people seeking treatment is also seen in adults. Rising from 1,551 in 2021-22 to 2,211 during 2022-23. There has been a fivefold increase in adult treatment since 2014.

    Self-medicating

    There is a suggestion from experts that part of the increase in the use of ketamine is due to some people who have mental health problems that are unable to access treatment because of long waiting lists.

    Rather than wait for specialist treatment some people turn to drugs like ketamine that offer some reprieve from their symptoms. Ketamine can create a sense of detachment in users, this will be a desirable state for those who are seeking to escape invasive mental health symptoms of troubling thoughts and feelings.

    In effect, they are finding their own solutions by self-medicating with the drug. Given that ketamine is easily available, relatively cheap and fast-acting it is easy to see why this drug is appealing, particularly as there are no long waiting lists or invasive assessments to undergo.

    Ketamine doesn’t induce the same type of hangover that alcohol and other drugs do. This makes it appealing to those who need to be at work the day after using it. Likewise, it is appealing to those on zero-hour contracts who are asked to work at short notice.

    However, many people will use other substances alongside ketamine – typically alcohol. Mixing alcohol and ketamine can cause significant harm, ranging from slowed breathing to coma and even fatal overdose.

    Paradoxically ketamine is being investigated as a treatment for those who are dependent on alcohol, including those who haven’t responded to more traditional forms of therapy.

    As with the promise that other drugs, such as psychedelics, might help treat mental health problems, current evidence suggests that these drugs are only effective when given alongside therapy.

    It’s not clear whether the UK has reached peak ketamine use. Most drugs fall in and out of fashion. It is clear that originally banning the drug in 2005, and increasing punishments in 2014 has failed to halt its rising popularity. What could have helped was investment into prevention, education and harm reduction services, but this didn’t happen and we are seeing some of the consequences now.

    Preventing the use of ketamine is the only way to be sure that it won’t cause harm. But if we accept that young people and adults will continue to use it then we should be aiming to reduce the potential for harm. There are useful resources already available, but reducing drug-related harm requires a more active response – one that doesn’t rely on people visiting websites or reading a leaflet.

    We should put effort and resources into providing public health messaging that reaches those who are at the most risk from harm due to ketamine. At the same time, investing in and providing timely mental health support would reduce the need for those who are self-medicating with the drug.

    With a new government in the UK, commanding a sizeable majority in parliament, could this Labour government adopt a policy shift that could reduce suffering and save lives?

    Harry Sumnall receives funding from public grant awarding bodies for alcohol and other drugs research, and fees from (international) not-for-profit organisations and government departments for consultation work. He is an unpaid steering group member of the Anti-Stigma Network, an unpaid member of the Scientific Advisory Group of the International Society of Substance Use Professionals (ISSUP), an unpaid member of the Scientific Advisory Board of the Mind Foundation, an unpaid advisor to the UK Drug Education Forum, and an unpaid co-opted member of UK Government Advisory Council on the Misuse of Drugs (ACMD) Working Groups on cocaine, and prevention.

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

    ref. Ketamine: what you need to know about the UK’s growing drug problem – https://theconversation.com/ketamine-what-you-need-to-know-about-the-uks-growing-drug-problem-239412

    MIL OSI – Global Reports

  • MIL-OSI Global: The boomer generation hit the economic jackpot. Young people will inherit their massive debts

    Source: The Conversation – UK – By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

    GoodIdeas/Shutterstock

    Young people in Britain could be forgiven for despairing at the financial pressures they face – and feeling that previous generations enjoyed a much fairer economic environment. Then just to add to their worries about home ownership and a precarious jobs market, along comes the gloomy announcement that the UK’s public debt is now 100% of GDP.

    That debt burden will have to be carried by tax-payers for decades to come. Paying the interest – just the interest – of the country’s debt currently accounts for around 7.3% of public spending. That’s more than what is spent on defence (4.8%) or transport (3.8%).

    And while some of what’s left will go to towards essential future public services, it will also go towards fixing problems caused by a historic lack of public investment (less money being spent by previous generations) in water, railways and other crucial infrastructure.

    In fact, in the 1980s much of that infrastructure was used by the UK government to help finance itself, with assets including British Gas sold off at a bargain price. Those baby boomers and older generations who could afford to buy shares often made a decent profit.

    There are other kinds of costs that today’s younger generations have had to bear too. During COVID lockdowns, universities and schools were closed as the young were forced to stay at home, predominantly to protect the elderly. They have lost the freedom to live and work in the EU after 60% of retired people voted for Brexit, while most young people voted against. Leaving Europe has also made the UK less well-off.

    But not everyone is poorer. In the last 20 years, the average income of pensioners has increased on average by more than 50%, while that of working-age adults has risen by less than 10%. The median income of pensioner households is now higher after housing costs than that of households with children.

    Most of the country’s wealth is now in the hands of older people. In 2018, one in four people aged over 65 was living in a household with a total wealth of over a £1 million pounds. Poverty rates of pensioners are now lower than for the rest of the population.

    Yet pensioners receive all sorts of unconditional discounts and benefits, such as free or discounted public transport. Their income is exempt from national insurance contributions, and there is a triple-lock on state pensions, which is guaranteed to grow faster than work income.

    Until recently, the winter fuel allowance meant that anyone born in 1944 or before received £300 (reduced to £200 for younger pensioners).

    Boomer and bust?

    While there is mild popular support for limiting the fuel allowance to poorer pensioners, the question of recouping money from older people remains highly sensitive. (Back in 2017, the then prime minister Theresa May had to quickly U-turn when she suggested using pensioners’ wealth to finance the rising cost of care.)

    One reason for this reluctance to prise money from older people may be that while most pensioners are doing better (compared to the working population) this is not true of the poorest ones. Also, some pensioners do not claim the benefits they are entitled to, and the last thing a civilised society wants is to let its older people freeze.

    ‘Loser has to pay off the national debt.’
    fizkes/Shutterstock

    But the apparent economic divide raises a broader question about inter-generational justice. What does one generation owe the generations that follow?

    And it’s not just about money. Global warming is another thing older people have not spent most of their lives having to pay for, with the burden for repairing environmental damage again falling mostly on the young.

    Perhaps a fair philosophical approach would be that it’s OK to leave certain costs to be paid in the future if the next generation can generally expect to live longer and in better health, with more consumer choice and comfort, and an improved quality of life.

    But this does not seem to be the expectation right now. Incomes have stalled, and so has life expectancy, while housing prices have not been so expensive relative to earnings since the 19th century.

    In that sense, many people, however old they are, would probably sympathise with young people today. And they may even argue that it’s time for the government to focus on policies that explicitly benefit the young – like house building, different forms of taxation or subjecting pension income to national insurance.

    There could also be a change in fiscal rules to allow for more investment in national infrastructure, higher taxes on fossil fuels to pay for the energy transition, or sharing the cost of funding higher education more evenly among all graduates, regardless of when they got their degree.

    Such changes would provide a dramatic shift towards an economic system which seeks to redistribute wealth not just among citizens – but between the generations.

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

    ref. The boomer generation hit the economic jackpot. Young people will inherit their massive debts – https://theconversation.com/the-boomer-generation-hit-the-economic-jackpot-young-people-will-inherit-their-massive-debts-238908

    MIL OSI – Global Reports

  • MIL-OSI Global: Ethiopia’s grand plans for Addis Ababa: 4 essential reads on the social cost of transforming an African city

    Source: The Conversation – Africa – By Kagure Gacheche, Commissioning Editor, East Africa

    Ethiopia’s capital city is undergoing a transformation. Addis Ababa is being redeveloped as part of Ethiopia’s broader economic ambitions. Mega road projects, ambitious housing developments and infrastructural changes, all aimed at modernising one of Africa’s fastest-growing cities, are shaping its facade.

    Over the past three decades, Addis Ababa has expanded in area and population. Prime Minister Abiy Ahmed’s rise to power in 2018 accelerated the city’s transformation.

    But the promise of a shiny, new Addis Ababa comes with social costs. Many of the city’s residents, including marginalised communities and those living in informal settlements, have lost homes and social bonds. So, will Addis Ababa’s evolution serve its estimated 4 million inhabitants?

    At The Conversation Africa, we have worked with academics whose research seeks to answer this question. Here we share some essential reads on Abiy’s gentrification plans.

    The challenges

    Demolitions have become a common sight in Addis Ababa as the government pushes forward with plans to modernise the city. These plans are aimed at bringing foreign private capital into the country. However, to make this a reality, whole neighbourhoods have been levelled to make way for roads, high-rise buildings and modern housing complexes. Homes and livelihoods are being destroyed. Fikir Getaneh Haile has studied the impact of Addis Ababa’s urban renewal on residents. She suggests that policymakers should make sure the voices of affected communities are heard.




    Read more:
    Demolitions in Ethiopia are giving rise to a new Addis Ababa – it comes at the expense of the city’s residents


    As it is, when bulldozers arrive in neighbourhoods, residents are left with little recourse and forced to rebuild their lives elsewhere. The destruction of these communities is not only material. There is a deep social cost. Neighbours who relied on each other are separated. The government is making efforts to relocate people to new housing projects, but houses are allocated by lottery. This is dismantling social networks. Further, with state housing developments located away from the city centre where jobs are concentrated, people are spending more time travelling to and from work, and less on building relationships with neighbours. Hone Mandefro’s research explains what happens when urbanisation plans disrupt the community ties that residents rely on for support and stability.




    Read more:
    Ethiopia has one of Africa’s most ambitious housing policies – but the lottery-based system is pulling communities apart


    Political elites are driving Addis Ababa’s physical transformation. This has led to top-down planning that excludes the voices of the majority. Ezana Weldeghebrael explains that the state’s focus on aesthetics, with features like skyscrapers, shopping malls and luxury housing complexes, fails to address the needs of the 80% of the city’s residents who live in dilapidated housing. This is widening the gap between the wealthier parts of the city and the poorer neighbourhoods. For the most vulnerable residents, the megaprojects represent yet another layer of exclusion. The city’s gentrification is creating pockets of prosperity surrounded by areas of deep poverty.




    Read more:
    Addis Ababa yet to meet the needs of residents: what has to change


    What needs to change

    Addis Ababa’s redevelopment must create a more inclusive and equitable city. Biruk Terrefe explains that this requires a shift in focus from large-scale megaprojects to more localised, community-centred development that takes into account the social and economic realities of the city’s population. Resources and investments should be distributed more equitably across the city so that all residents, regardless of their income level, have access to basic services and infrastructure.




    Read more:
    Megaprojects in Addis Ababa raise questions about spatial justice


    Ultimately, Addis Ababa’s transformation presents an opportunity to build a city that works for everyone. This requires a more inclusive approach that centres the needs and voices of its residents.

    ref. Ethiopia’s grand plans for Addis Ababa: 4 essential reads on the social cost of transforming an African city – https://theconversation.com/ethiopias-grand-plans-for-addis-ababa-4-essential-reads-on-the-social-cost-of-transforming-an-african-city-239703

    MIL OSI – Global Reports

  • MIL-OSI Global: South Africa has a good childhood vaccination system – what’s stopping it from being great

    Source: The Conversation – Africa – By Susan Goldstein, Associate Professor in the SAMRC Centre for Health Economics and Decision Science – PRICELESS SA (Priority Cost Effective Lessons in Systems Strengthening South Africa), University of the Witwatersrand

    The two public health interventions that have had the greatest impact on the world’s health are clean water and vaccines. Professors Susan Goldstein and Haroon Saloojee assess South Africa’s child vaccination programme.

    Why are childhood vaccinations so important? What are some essential ones?

    A recent study published in The Lancet estimated that since 1974, 154 million lives have been saved by immunisation, most of them children.

    A 2016 study of low- and middle-income countries found that for every dollar invested in vaccines, the return on investment was estimated to be US$44, considering broader social and economic benefits.

    Childhood vaccines are most effective when they are administered to children at the right age, and with the recommended dosage, as children are susceptible to certain diseases at certain ages.

    As an example, polio occurs most frequently in children below the age of five. Five doses of polio vaccinations are recommended, starting at birth.

    As the most contagious and fast-moving of the vaccine-preventable diseases, measles is often described as the “canary in the coalmine”: a warning of other disease outbreaks that might spring up where there are gaps in vaccination coverage.

    How does South Africa fare?

    A case study done in 2011/2012 found South Africa spent US$131 million on basic child vaccine procurement, less than 1%-1.5% of public health expenditure and comparable to Latin American countries known for early vaccine adoption. In 2023 new vaccines were included in the routine Expanded Programme on Immunisation to the value of US$194 million.

    We do spend appropriately on vaccines.

    South Africa has an excellent immunisation schedule with protection offered against 11 diseases.

    According to the District Health Barometer, national coverage for children under one year was 82.2% in 2022/3.

    In 2019, a national household immunisation survey, the first such survey done in two decades, provided the most detailed picture of South Africa’s vaccination programme that we have. The survey screened almost 2 million households and found 84% of babies had received all their shots by the time they turned one.

    Although these rates may seem good, they fall short of the 90% target set by the United Nations. They are also lower than in several other sub-Saharan countries, as this graph shows.

    A greater concern, however, is the disparity at the district level. For instance, Sekhukhune in Limpopo province had a coverage rate of just 53%, meaning almost one in two children were not fully immunised. Ten other districts had coverage rates below 75%, meaning that at least a quarter of the children were not fully protected.

    What is preventing the country from achieving the 90% target?

    In the national survey the main reasons for children not being fully immunised were related to the health service:

    • the vaccine was out of stock (29%)

    • the child was ill and not offered a vaccine (12%)

    • caregivers did not know that the child was due for immunisation (19%)

    • the caregiver forgot that the child had a scheduled immunisation visit (6%)

    • there was no-one to take the child to the clinic (9%).

    Other factors include:

    • negative interactions with healthcare workers – these can deter caregivers from taking children for their vaccines

    • waiting times

    • the dynamics within families – for example, adolescent mothers and elderly caregivers might have difficulty getting children to clinics.

    Vaccine refusal by parents for religious or other reasons existed, but this was infrequent (3%).

    What needs to be done?

    To protect children better, Unicef’s Immunization Agenda 2030 recommends a “people-centred” approach:

    • ensuring all healthcare workers are skilled at administering inoculations, and not missing opportunities to vaccinate a child whenever they visit a health service

    • avoiding vaccine shortages by electronically linking central pharmacies to facilities

    • listening to communities to understand their attitudes towards vaccines and their experiences with health workers at clinics, both good and bad.

    In South Africa districts with low coverage warrant special attention, such as increasing access to immunisation services. This could mean opening clinics on weekends or evenings so that working parents could bring their children to be vaccinated.

    Vaccinations are the safest method to protect children from life-threatening diseases. We need to ensure that every child gets them.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. South Africa has a good childhood vaccination system – what’s stopping it from being great – https://theconversation.com/south-africa-has-a-good-childhood-vaccination-system-whats-stopping-it-from-being-great-237336

    MIL OSI – Global Reports

  • MIL-OSI Security: USAF Warrant Officer Training School opens doors at Maxwell AFB

    Source: United States Air Force

    WOTS is a 40-day training program, in-residence accessions program designed to educate and train candidates with specialized knowledge and technical skills on how to serve as technical advisors to command leadership in their future roles as warrant officers.

    MIL Security OSI

  • MIL-OSI Security: Okanese First Nation — Saskatchewan RCMP Major Crimes and File Hills Police Service investigating suspicious death on Okanese First Nation

    Source: Royal Canadian Mounted Police

    On September 24, 2024 at approximately 4:40 a.m., File Hills Police Service received a report of an injured individual at a residence on Okanese First Nation.

    Officers immediately responded and located an injured adult female, who was declared deceased by EMS at the scene. She has been identified as 32-year-old Amanda Keewatin from Peepeekisis Cree Nation. Her family has been notified.

    Initial investigation by File Hills Police Service determined the female’s death was suspicious in nature. As such, Saskatchewan RCMP Major Crimes was engaged to continue the investigation.

    Officers arrested an adult male in relation to Amanda Keewatin’s death at the scene.

    As a result of continued investigation, 39-year-old James Stonechild from Okanese First Nation is charged with one count, second degree murder, Section 235(1), Criminal Code.

    He is scheduled to appear in Regina Provincial Court on September 25 at 2 p.m.

    MIL Security OSI

  • MIL-OSI Canada: Minister Guilbeault issues statement following Canada–Norway ministerial on plastic pollution on the margins of the 79th United Nations General Assembly

    Source: Government of Canada News

    The Honourable Steven Guilbeault, Minister of Environment and Climate Change, issued the following statement as Canada and Norway conclude the ministerial consultation on the plastic pollution treaty on the margins of the 79th United Nations General Assembly (UNGA) and ahead of the fifth and final negotiations of the Intergovernmental Negotiating Committee (INC-5) in the Republic of Korea later this year.

    September 26, 2024 – Gatineau, Quebec
     
    The Honourable Steven Guilbeault, Minister of Environment and Climate Change, issued the following statement as Canada and Norway conclude the ministerial consultation on the plastic pollution treaty on the margins of the 79th United Nations General Assembly (UNGA) and ahead of the fifth and final negotiations of the Intergovernmental Negotiating Committee (INC-5) in the Republic of Korea later this year.

    “Plastics are being produced and consumed at a growing rate, travelling beyond national borders, posing a risk to wildlife, and damaging ecosystems. Millions of metric tons of plastic pollution are entering our oceans every year, which is leaving a legacy of environmental impacts for future generations. Canada is taking ambitious action to reduce plastic pollution and help Canadians move toward a circular economy through an evidence-based and comprehensive plan. This plan addresses the entire lifecycle of plastics and keeps plastic in the economy and out of the environment. But we can’t just take action at home—plastic pollution is a global problem that is only getting worse.
     
    “Two years ago, the United Nations Environment Assembly (UNEA) unanimously adopted a historic and ambitious resolution to develop a new, legally binding instrument on plastic pollution by the end of 2024. Canada has been actively involved in the development of this global agreement since then, which included hosting the fourth session of the Intergovernmental Negotiating Committee (INC-4) in April 2024 with over 3,000 participants from around the world.

    “To continue the momentum, the Governments of Canada and Norway co-hosted a ministerial consultation on the plastic pollution treaty this week in New York that helped identify areas of convergence ahead of the fifth session of the Intergovernmental Negotiating Committee (INC-5).  It is a critical point in negotiations, and Canada invites all member states and ministers to intensify their efforts to chart the path toward an ambitious and effective global deal to protect human health and the environment from plastic pollution. Canada looks forward to working with other member states, Indigenous peoples, intergovernmental partners, and stakeholders to reach a final negotiated agreement to end plastic pollution at the last scheduled negotiation session of the Intergovernmental Negotiating Committee (INC-5) in the Republic of Korea this November.”

    Oliver Anderson
    Director of Communications
    Office of the Minister of Environment and Climate Change
    819-962-0686
    Oliver.Anderson@ec.gc.ca

    Media Relations
    Environment and Climate Change Canada
    819-938-3338 or 1-844-836-7799 (toll-free)
    media@ec.gc.ca

    MIL OSI Canada News

  • MIL-OSI United Nations: Readout of the Secretary-General’s meeting with H.E. Mr. Nikol Pashinyan, Prime Minister of the Republic of Armenia

    Source: United Nations secretary general

    The Secretary-General met with H.E. Mr. Nikol Pashinyan, Prime Minister of the Republic of Armenia.

    The Secretary-General and the Prime Minister discussed cooperation between the United Nations and Armenia, focusing on responses to refugee and other humanitarian challenges, and the situation in the South Caucasus.
     

    MIL OSI United Nations News

  • MIL-OSI United Kingdom: Mayor of London meets with NBA Deputy Commissioner and Chief Operating Officer Mark Tatum about major basketball opportunities in the capital

    Source: Mayor of London

    • Sadiq met NBA Deputy Commissioner and Chief Operating Officer Mark Tatum to discuss their shared ambition to expand basketball in London
    • Mayor has committed to establishing a first-of-its-kind taskforce to grow the game and wants London to host more NBA games and activities
    • New research shows that 62 per cent of Londoners feel proud of living in London when major sporting events are hosted

    The Mayor of London, Sadiq Khan, has today pledged to build on the growing success of basketball in the capital, as he announced his desire to bring more NBA games and activities to the capital.

    The Mayor met NBA Deputy Commissioner and Chief Operating Officer Mark Tatum to discuss their shared ambition to expand the sport’s reach and influence in the capital, including through live NBA games. A taskforce will be created to grow the game in London.

    Basketball is one of the fastest growing sports in the UK and is the country’s second most popular team sport with more than 1.5m playing on a weekly basis.*

    Sadiq has pledged to create a first-of-its-kind basketball taskforce to develop and grow the game, boost access to basketball, attract new events to London, including the return of NBA games, and create positive opportunities for young people. The taskforce will bring together leaders in sport, business, national governing bodies and professional basketball teams and players, and the Mayor has invited senior figures from the NBA to participate.

    The Mayor has previously backed the London Coaches Program, a collaboration between the NBA and Basketball England to train hundreds of coaches across the city and boost basketball participation.

    London has a proud history of hosting high profile North American sporting events and this year hosted the USA Basketball Men’s and Women’s National Teams at the USA Basketball Showcase. The capital also welcomed two Major League Baseball matches between the New York Mets and Philadelphia Phillies. In July, Sadiq also held talks with Paul “Triple H” Levesque to discuss the possibility of bringing WrestleMania to London.

    Today’s meeting came as new research showed that Londoners are passionate about major sporting events taking place in the capital**. Polling from YouGov found that 62 per cent of Londoners feel proud of living in London when major sporting events are hosted, with 72 per cent of 18- to 24-year-olds feeling proud. More than two-thirds (69 per cent) of Londoners think that hosting major sporting events impacts positively on London’s economy.

    An estimated six million people attended sporting events across the capital this summer including the UEFA Champions League Final and European Professional Club Rugby Finals, cementing London’s position as the undisputed sporting capital of the world*** and significantly boosting the capital’s economy.

    The Mayor of London, Sadiq Khan, said: “It was great to meet with NBA Deputy Commissioner Mark Tatum today to discuss the possibility of bringing more NBA games and activities to London and how we can further expand the game in the capital. Basketball continues to go from strength-to-strength and by creating a new taskforce I want to help it grow even further, enabling more young people to access and enjoy the sport.

    “London has provided the stage for so many unforgettable sporting moments and I’m committed to making sure we further cement our position as the sporting capital of the world. I look forward to working closely with the NBA and other global sports to extend their activities in London and ensure we continue to have a packed calendar of world-class sporting events.

    NBA Deputy Commissioner and Chief Operating Officer Mark Tatum, said: “The NBA has a long history of playing games in London, and we are committed to further growing the game in the city and across the UK. Through grassroots programs for youth and coaches, weekly games that air in primetime on TNT Sports, the beautiful new NBA Store on Oxford Street and more, there has never been a better time to be an NBA fan in London.  We look forward to working more closely with Mayor Khan and his administration to build on these efforts in the years to come.” 

    MIL OSI United Kingdom

  • MIL-OSI USA: Alford, Hinson, Miller, Kiggans Lead Republican Conference in Letter Urging House Leadership to Prioritize Farm Bill This Year

    Source: United States House of Representatives – Representative Mark Alford (Missouri 4th District)

    WASHINGTON – Today, as first reported by Punchbowl News, U.S. Congressman Mark Alford (MO-04), Ashley Hinson (IA-02), Mary Miller (IL-15), and Jen Kiggans (VA-02) led a majority of the House Republican Conference in a letter to House GOP Leadership reaffirming their commitment to advancing a farm bill that meets the needs of production agriculture and rural America.

    The letter, which was signed by 140 Members, emphasized the importance of the Farm Bill and noted that farmers, ranchers, and producers are still living under outdated policies from the 2018 Farm Bill.

    “Farmes and ranchers do not have the luxury of waiting until next Congress for the enactment of an effective farm bill,” said the Members. “Inflation has driven production costs to the highest on record. Meanwhile, commodity prices across the board have fallen precipitously, creating a severe margin squeeze on farm and ranch families … Farm debt, $540 billion, is the highest ever, both nominally and wen adjusted for inflation. These factors show no signs of abating for all major commodities.”

    “The 118th Congress has an opportunity to do right by producers, other agriculture stakeholders, rural communities, and taxpayers by putting more ‘farm’ back in the farm bill and by making responsible reforms and investments across all 12 titles, and the bipartisan H.R. 8467—The Farm, Food, and National Security Act of 2024, which was advanced by the House Committee on Agriculture on May 24th of this year, does just that,” the Members continued.

    The Members highlighted the negative impacts of failing to act, noting that the consequences will extend beyond the farm gate — hitting Main Street businesses, rural communities, and the national economy. 

    “We respectfully urge that the enactment of H.R. 8467, or similar legislation that makes meaningful investments in farmers, ranchers, and rural communities, is among the top priorities of the Republican Conference and that this be considered a ‘must-pass’ item in the lame duck session of the 118th Congress,” the Members concluded.

    “We are honored to stand alongside 139 of my colleagues to lead a letter that shows House leadership that Republicans are committed to passing a Farm Bill that supports our nation’s constituents, farmers, ranchers, and rural communities,” said Congressman Alford. “We passed H.R. 8467 out of committee, and now it is time to give it to America. The stakes are high; production costs are up, and farm income is declining. We don’t need an extension, and we don’t need this next year–we need this Farm Bill now. Our producers are worthy of certainty and support for their tireless work in feeding, fueling, and clothing the world.”

    “I led 139 of my colleagues – the majority of the House Republican Conference – in calling for Republican House leadership to bring the Farm Bill up for a vote as soon as possible. This bill passed out of committee with bipartisan support, and I believe would receive bipartisan support on the House Floor from Members who understand that food security is national security. Our farmers don’t have time for games, they need Congress to do the work and come through for them, just like they come through for us each day. I will continue advocating for passage of a strong Farm Bill to ensure Iowa farmers can continue feeding and fueling the world,” said Congresswoman Hinson.

    Click here to read text of the letter.

    In addition to Representatives Alford, Hinson, Miller, and Kiggans, the letter was signed by U.S. Representatives Robert Aderholt, Rick Allen, Mark Amodei, Kelly Armstrong, Jodey Arrington, Brian Babin, Don Bacon, James Baird, Troy Balderson, Jim Banks, Andy Barr, Cliff Bentz, Jack Bergman, Stephanie Bice, Gus Bilirakis, Dan Bishop, Lauren Boebert, Mike Bost, Larry Bucshon, Ken Calvert, Kat Cammack, Mike Carey, Jerry Carl, Earl Carter, John Carter, Lori Chavez-DeRemer, Juan Ciscomani, Ben Cline, Tom Cole, Mike Collins, James Comer, Eric Crawford, Dan Crenshaw, Monica De la Cruz, Scott DesJarlais, John Duarte, Neal Dunn, Chuck Edwards, Jake Ellzey, Ron Estes, Mike Ezell, Pat Fallon, Randy Feenstra, A. Ferguson, Brad Finstad, Michelle Fischbach, Scott Fitzgerald, Charles Fleischmann, Mike Flood, Vince Fong, Scott Franklin, Carlos Gimenez, Tony Gonzales, Lance Gooden, Kay Granger, Garret Graves, Sam Graves, Michael Guest, Clay Higgins, J. Hill, Erin Houchin, Bill Huizenga, Ronny Jackson, Dusty Johnson, David Joyce, John Joyce, Mike Kelly, Trent Kelly, Young Kim, David Kustoff, Darin LaHood, Nick LaLota, Doug LaMalfa, Doug Lamborn, Nicholas Langworthy, Robert Latta, Jake LaTurner, Michael Lawler, Julia Letlow, Greg Lopez, Barry Loudermilk, Frank Lucas, Blaine Luetkemeyer, Morgan Luttrell, Nicole Malliotakis, Tracey Mann, Michael McCaul, Richard McCormick, Daniel Meuser, Carol Miller, Max Miller, Mariannette Miller-Meeks, Marcus Molinaro, John Moolenaar, Barry Moore, Nathaniel Moran, James Moylan, Gregory Murphy, Dan Newhouse, Zachary Nunn, Greg Pence, August Pfluger, Harold Rogers, Mike Rogers, John Rose, David Rouzer, Michael Rulli, John Rutherford, Maria Salazar, Austin Scott, Keith Self, Pete Sessions, Michael Simpson, Adrian Smith, Lloyd Smucker, Pete Stauber, Bryan Steil, Dale Strong, Claudia Tenney, Glenn Thompson, Michael Turner, David Valadao, Jefferson Van Drew, Derrick Van Orden, Ann Wagner, Tim Walberg, Michael Waltz, Randy Weber, Brad Wenstrup, Bruce Westerman, Brandon Williams, Joe Wilson, Robert Wittman, Steve Womack, Rudy Yakym, and Ryan Zinke.

    Background:

    The Farm Bill is omnibus legislation that establishes policies affecting all sectors of the agriculture industry for a five-year period. The most recent legislation, which was passed in 2018 and extended in 2023, expires this year.

    On May 24, 2024, the House Agriculture Committee passed the Farm, Food, and National Security Act of 2024 to reauthorize the Farm Bill. The legislation supports producers and puts more “farm” back in the farm bill and makes responsible reforms and investments across all 12 titles.

    MIL OSI USA News

  • MIL-OSI USA: Malliotakis Responds to the Indictment of New York City Mayor Eric Adams

    Source: United States House of Representatives – Congresswoman Nicole Malliotakis (NY-11)

    (NEW YORK, NY) – Congresswoman Nicole Malliotakis, the only Republican representing New York City, issued the following statement regarding the unsealed federal indictments against New York City Mayor Eric Adams.

    “Mayor Adams has failed our city, has broken the public trust and should resign or be removed by Governor Hochul. Our city is suffering greatly, taxpayers deserve better and we need to restore a functioning city government as soon as possible.”

    MIL OSI USA News

  • MIL-OSI USA: Mrvan Announces Department of Education Grant for Calumet College of St. Joseph

    Source: United States House of Representatives – Congressman Frank J. Mrvan (IN)

    Washington, DC – Today, Rep. Frank J. Mrvan announced a federal grant award for Calumet College of St. Joseph under the Department of Education’s Promoting Postbaccalaureate Opportunities for Hispanic Americans (PPOHA) program.  

    Calumet College of St. Joseph will receive $3 million over five years to implement Camino al Éxito: A GPS for Hispanic Student Success, a program that aims to expand opportunities for Hispanic and low-income students in graduate programs and connect students to postgraduate opportunities by coordinating preparation, enrollment, and support initiatives.  According to the Department of Education, the PPOHA program provides grants to expand educational opportunities for and improve the academic attainment of Hispanic students. 

    Congressman Mrvan stated, “Congratulations to all the leaders of Calumet College of St. Joseph for successfully securing this vital federal funding to expand educational opportunities for Hispanic students in our region.  I look forward to building on this initiative to continue to ensure that everyone in Northwest Indiana has the opportunity to obtain the education that they seek in order to thrive in our regional economy.” 

    Dr. Amy McCormack, President of Calumet College of St. Joseph, stated, “Calumet College of St. Joseph has offered graduate programs for more than two decades, so it is with great enthusiasm that we are able to take our post-baccalaureate programs and services to the next level.  With support from the Department of Education, we can offer additional services to ensure our graduate students get individualized support to succeed.  We are also very excited to launch new programs and to pursue the feasibility of our first doctorate program.  Expanding the reach of CCSJ and serving the region has never been more important.”

    For more information on the PPOHA grant program, click here

    ###

    MIL OSI USA News

  • MIL-OSI USA: Hawley Releases NEW Whistleblower Tip: Secret Service Denies Trump Campaign Requests for Rally

    US Senate News:

    Source: United States Senator Josh Hawley (R-Mo)

    Tuesday, September 24, 2024

    U.S. Senator Josh Hawley (R-Mo.) revealed a new troubling whistleblower allegation detailing the Secret Service’s refusal to provide former President Donald Trump with the resources and manpower needed for a rally in Wisconsin—effectively forcing his campaign to cancel the event. 
    Addressing Director Rowe directly, Senator Hawley wrote, “At your recent press conference on September 20, you stated that former President Trump is receiving “the highest level of Secret Service protection” and “he’s getting everything” that “the current president has with respect to Secret Service assets.” 
    He continued, writing, “Yet according to a whistleblower with direct knowledge of the exchange, Secret Service recently told the Trump campaign that it did not have sufficient assets to secure a potential campaign rally in Wisconsin for the former president.”
    Read the full letter here or below.
    September 24, 2024
    The Honorable Ronald L. Rowe, Jr.Acting DirectorU.S. Secret Service245 Murray Ln SW, Building T-5 Washington, D.C. 20223 
    Dear Acting Director Rowe:
    I write concerning new whistleblower allegations that the U.S. Secret Service effectively forced the Trump campaign to cancel an upcoming event in Wisconsin. This new information calls into question your recent public statements regarding the level of security your agency is providing to the former president. It also suggests that the Secret Service’s inability to fully protect former President Trump may be affecting the conduct of the presidential campaign.
    At your recent press conference on September 20, you stated that former President Trump is receiving “the highest level of Secret Service protection” and “he’s getting everything” that “the current president has with respect to Secret Service assets.” That same night, Secret Service secured a rally for Vice President Harris in Madison, Wisconsin.
    Yet according to a whistleblower with direct knowledge of the exchange, Secret Service recently told the Trump campaign that it did not have sufficient assets to secure a potential campaign rally in Wisconsin for the former president. Other whistleblowers with knowledge of Secret Service planning protocols allege that failure to provide protection for a major public event is highly unusual and that a sitting president would never be denied resources in this way.
    If true, this apparent double standard contradicts your public statements and raises troubling questions. Please provide the following information no later than seven days from now:
    Did the Secret Service ever tell former President Trump, his campaign, or any related business entities that the agency could not secure a rally event in Wisconsin?Has the Secret Service ever told President Biden or Vice President Harris that the agency could not secure a campaign event of their choosing?
    Sincerely,  
    Josh HawleyUnited States Senator

    MIL OSI USA News

  • MIL-OSI NGOs: Afghanistan: International legal initiative an important step toward tackling the Taliban’s war on women

    Source: Amnesty International –

    Responding to the announcement by Australia, Canada, Germany, and the Netherlands during the UN General Assembly yesterday that they will initiate legal proceedings that could ultimately lead to action at the International Court of Justice against Afghanistan for numerous violations of the UN Convention on the Elimination of All Forms of Discrimination against Women (CEDAW), Amnesty International’s Secretary General Agnès Callamard said:

    “The Taliban have made life for Afghan women and girls intolerable. They have erased them from all spheres of life and systematically stripped away their rights and dignity. Amnesty International welcomes any steps by States to hold the Taliban accountable under international law for the widespread and institutionalized violation of women’s and girls’ human rights, which most likely amount to the crime against humanity of gender persecution. The international community should pursue all available avenues to end ongoing pervasive human rights violations in Afghanistan, including through the International Court of Justice.

    The Taliban have made life for Afghan women and girls intolerable. They have erased them from all spheres of life and systematically stripped away their rights and dignity

    Amnesty International’s Secretary General Agnès Callamard

    “This is a vital step toward securing justice for violations of the UN Convention on the Elimination of all Forms of Discrimination against Women. It should be complemented by other comprehensive efforts to address the full range of past and ongoing atrocities, including those against women and girls, that the Taliban and other state and non-state actors have committed throughout the continuous cycle of conflict in Afghanistan for over 40 years.

    “The world must act in solidarity with the courageous women and girls of Afghanistan by advocating for their rights and holding the Taliban regime to account. This welcome legal initiative should also serve as a timely reminder that States have a responsibility to provide international protection to all those fleeing systematic discrimination and oppression in Afghanistan.”

    MIL OSI NGO

  • MIL-OSI Africa: Ethiopia’s grand plans for Addis Ababa: 4 essential reads on the social cost of transforming an African city

    Source: The Conversation – Africa – By Kagure Gacheche, Commissioning Editor, East Africa

    Ethiopia’s capital city is undergoing a transformation. Addis Ababa is being redeveloped as part of Ethiopia’s broader economic ambitions. Mega road projects, ambitious housing developments and infrastructural changes, all aimed at modernising one of Africa’s fastest-growing cities, are shaping its facade.

    Over the past three decades, Addis Ababa has expanded in area and population. Prime Minister Abiy Ahmed’s rise to power in 2018 accelerated the city’s transformation.

    But the promise of a shiny, new Addis Ababa comes with social costs. Many of the city’s residents, including marginalised communities and those living in informal settlements, have lost homes and social bonds. So, will Addis Ababa’s evolution serve its estimated 4 million inhabitants?

    At The Conversation Africa, we have worked with academics whose research seeks to answer this question. Here we share some essential reads on Abiy’s gentrification plans.

    The challenges

    Demolitions have become a common sight in Addis Ababa as the government pushes forward with plans to modernise the city. These plans are aimed at bringing foreign private capital into the country. However, to make this a reality, whole neighbourhoods have been levelled to make way for roads, high-rise buildings and modern housing complexes. Homes and livelihoods are being destroyed. Fikir Getaneh Haile has studied the impact of Addis Ababa’s urban renewal on residents. She suggests that policymakers should make sure the voices of affected communities are heard.


    Read more: Demolitions in Ethiopia are giving rise to a new Addis Ababa – it comes at the expense of the city’s residents


    As it is, when bulldozers arrive in neighbourhoods, residents are left with little recourse and forced to rebuild their lives elsewhere. The destruction of these communities is not only material. There is a deep social cost. Neighbours who relied on each other are separated. The government is making efforts to relocate people to new housing projects, but houses are allocated by lottery. This is dismantling social networks. Further, with state housing developments located away from the city centre where jobs are concentrated, people are spending more time travelling to and from work, and less on building relationships with neighbours. Hone Mandefro’s research explains what happens when urbanisation plans disrupt the community ties that residents rely on for support and stability.


    Read more: Ethiopia has one of Africa’s most ambitious housing policies – but the lottery-based system is pulling communities apart


    Political elites are driving Addis Ababa’s physical transformation. This has led to top-down planning that excludes the voices of the majority. Ezana Weldeghebrael explains that the state’s focus on aesthetics, with features like skyscrapers, shopping malls and luxury housing complexes, fails to address the needs of the 80% of the city’s residents who live in dilapidated housing. This is widening the gap between the wealthier parts of the city and the poorer neighbourhoods. For the most vulnerable residents, the megaprojects represent yet another layer of exclusion. The city’s gentrification is creating pockets of prosperity surrounded by areas of deep poverty.


    Read more: Addis Ababa yet to meet the needs of residents: what has to change


    What needs to change

    Addis Ababa’s redevelopment must create a more inclusive and equitable city. Biruk Terrefe explains that this requires a shift in focus from large-scale megaprojects to more localised, community-centred development that takes into account the social and economic realities of the city’s population. Resources and investments should be distributed more equitably across the city so that all residents, regardless of their income level, have access to basic services and infrastructure.


    Read more: Megaprojects in Addis Ababa raise questions about spatial justice


    Ultimately, Addis Ababa’s transformation presents an opportunity to build a city that works for everyone. This requires a more inclusive approach that centres the needs and voices of its residents.

    – Ethiopia’s grand plans for Addis Ababa: 4 essential reads on the social cost of transforming an African city
    https://theconversation.com/ethiopias-grand-plans-for-addis-ababa-4-essential-reads-on-the-social-cost-of-transforming-an-african-city-239703

    MIL OSI Africa

  • MIL-OSI Africa: South Africa has a good childhood vaccination system – what’s stopping it from being great

    Source: The Conversation – Africa – By Susan Goldstein, Associate Professor in the SAMRC Centre for Health Economics and Decision Science – PRICELESS SA (Priority Cost Effective Lessons in Systems Strengthening South Africa), University of the Witwatersrand

    The two public health interventions that have had the greatest impact on the world’s health are clean water and vaccines. Professors Susan Goldstein and Haroon Saloojee assess South Africa’s child vaccination programme.

    Why are childhood vaccinations so important? What are some essential ones?

    A recent study published in The Lancet estimated that since 1974, 154 million lives have been saved by immunisation, most of them children.

    A 2016 study of low- and middle-income countries found that for every dollar invested in vaccines, the return on investment was estimated to be US$44, considering broader social and economic benefits.

    Childhood vaccines are most effective when they are administered to children at the right age, and with the recommended dosage, as children are susceptible to certain diseases at certain ages.

    As an example, polio occurs most frequently in children below the age of five. Five doses of polio vaccinations are recommended, starting at birth.

    As the most contagious and fast-moving of the vaccine-preventable diseases, measles is often described as the “canary in the coalmine”: a warning of other disease outbreaks that might spring up where there are gaps in vaccination coverage.

    How does South Africa fare?

    A case study done in 2011/2012 found South Africa spent US$131 million on basic child vaccine procurement, less than 1%-1.5% of public health expenditure and comparable to Latin American countries known for early vaccine adoption. In 2023 new vaccines were included in the routine Expanded Programme on Immunisation to the value of US$194 million.

    We do spend appropriately on vaccines.

    South Africa has an excellent immunisation schedule with protection offered against 11 diseases.

    According to the District Health Barometer, national coverage for children under one year was 82.2% in 2022/3.

    National immunisation coverage for children under 1 year. District Health Barometer.

    In 2019, a national household immunisation survey, the first such survey done in two decades, provided the most detailed picture of South Africa’s vaccination programme that we have. The survey screened almost 2 million households and found 84% of babies had received all their shots by the time they turned one.

    Although these rates may seem good, they fall short of the 90% target set by the United Nations. They are also lower than in several other sub-Saharan countries, as this graph shows.

    South African vaccine coverage of one-year-olds compared to other sub-Saharan countries. Unicef 2023

    A greater concern, however, is the disparity at the district level. For instance, Sekhukhune in Limpopo province had a coverage rate of just 53%, meaning almost one in two children were not fully immunised. Ten other districts had coverage rates below 75%, meaning that at least a quarter of the children were not fully protected.

    What is preventing the country from achieving the 90% target?

    In the national survey the main reasons for children not being fully immunised were related to the health service:

    • the vaccine was out of stock (29%)

    • the child was ill and not offered a vaccine (12%)

    • caregivers did not know that the child was due for immunisation (19%)

    • the caregiver forgot that the child had a scheduled immunisation visit (6%)

    • there was no-one to take the child to the clinic (9%).

    Other factors include:

    • negative interactions with healthcare workers – these can deter caregivers from taking children for their vaccines

    • waiting times

    • the dynamics within families – for example, adolescent mothers and elderly caregivers might have difficulty getting children to clinics.

    Vaccine refusal by parents for religious or other reasons existed, but this was infrequent (3%).

    What needs to be done?

    To protect children better, Unicef’s Immunization Agenda 2030 recommends a “people-centred” approach:

    • ensuring all healthcare workers are skilled at administering inoculations, and not missing opportunities to vaccinate a child whenever they visit a health service

    • avoiding vaccine shortages by electronically linking central pharmacies to facilities

    • listening to communities to understand their attitudes towards vaccines and their experiences with health workers at clinics, both good and bad.

    In South Africa districts with low coverage warrant special attention, such as increasing access to immunisation services. This could mean opening clinics on weekends or evenings so that working parents could bring their children to be vaccinated.

    Vaccinations are the safest method to protect children from life-threatening diseases. We need to ensure that every child gets them.

    – South Africa has a good childhood vaccination system – what’s stopping it from being great
    https://theconversation.com/south-africa-has-a-good-childhood-vaccination-system-whats-stopping-it-from-being-great-237336

    MIL OSI Africa

  • MIL-OSI: First Bank Announces Third Quarter 2024 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, N.J., Sept. 26, 2024 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company’s financial and operating performance during its third quarter ending on September 30, 2024.

    Event: Earnings Conference Call – Third Quarter 2024
         
    When: Thursday, October 24, 2024 at 9:00 a.m. Eastern Time
         
    Access: Conference Call Dial-In: (800) 715-9871 (toll free) 
         
      Conference Call Access Code: 1578641
         

    Patrick L. Ryan, President and Chief Executive Officer, Andrew L. Hibshman, Chief Financial Officer, Peter J. Cahill, Chief Lending Officer, and Darleen Gillespie, Chief Retail Banking Officer will provide an overview of third quarter 2024 results. The management presentation typically lasts approximately fifteen to thirty minutes, followed by investor questions and discussion. The Company’s third quarter results will be released after the market closes on Wednesday, October 23, 2024 and will also be available in the “Investor Relations” section of the Company’s website. Conference replay information is also available on the Company’s website, http://www.firstbanknj.com.

    About First Bank
    First Bank is a New Jersey state-chartered bank with 26 full-service branches in Cinnaminson, Delanco, Denville, Ewing, Fairfield, Flemington (2), Hamilton, Lawrence, Monroe, Pennington, Randolph, Somerset, Williamstown, and Morristown, New Jersey, Doylestown, Trevose, Warminster, West Chester, Paoli, Malvern, Coventry, Devon, Lionville, Glen Mills, Pennsylvania, and Palm Beach, Florida. With $3.62 billion in assets as of June 30, 2024, First Bank offers a traditional range of deposit and loan products to individuals and businesses mainly throughout the New York City to Philadelphia corridor. First Bank’s common stock is listed on the Nasdaq Global Market exchange under the symbol “FRBA”.

    Contact
    Andrew L. Hibshman, Executive Vice President and CFO
    (609) 643-0058, andrew.hibshman@firstbanknj.com

    The MIL Network

  • MIL-OSI: Proactis SA – announcement January 2024

    Source: GlobeNewswire (MIL-OSI)

        Proactis SA announces results for
    the 18 months period ended 31 January 2024

    Paris – 26thSeptember 2024 – Proactis SA (Euronext: PROAC), a leading provider of comprehensive spend management and business process collaboration solutions, today announced financial information for the year ended 31 January 2024, in accordance with the “European Transparency Obligations Directive” financial disclosure requirements.

    It should be noted at the outset that publication of the results for the year ended January 31, 2024, was originally scheduled for May 31, 2024. Unfortunately, Proactis SA was unable to keep to this timetable, as its statutory auditors were unwilling to issue their reports on the accounts for the period just ended before the completion of the audit of the accounts of Proactis SA’s parent company by the group’s UK auditors.

    Period ended 31 January 2024 – Key Results:

    The Proactis SA Board of Directors approved the accounts for the 18 months period ended 31 January 2024 on 10th September 2024, which have been formally certified by the auditors.  

    € Million   Period ended 31 January 2024 -18 Months   Year ended 31 July 2022 – 12 Months
       
    Revenue   17.9   14.4
       
    EBITDA (*)   2.0   2.8
       
    EBITDA as a % of revenue   11%   19%
    Net Earnings   (16.6)   0.3
       
    Operating Cashflow   3.2   2.3
       
    Cash   0.6   0.9
       
     
    (*) EBITDA: Operating result before depreciation and non-recurring items.    

    Presentation is done on 18 months due to the year-end date change to align with the Proactis Topco Limited Group year-end date change.

    Revenues

    Although the turnover of the Group looks greater due to the change in year-end; it is below the level of the prior period. This is mainly due to the non-renewal of 3rd party solution contracts at the end of contract, or non-renewal of contract in specific non-core product areas. Revenue as presented includes revenue from the Group management fees and split is as follow:

    € Million   Period ended
    31 January 2024
      Year ended
    31 July 2022
       
             
    Revenue   17.9   14.4
             
    Operating revenue   11.3   9.8
    Management fees   6.6   4.6

    Goodwill Impairment

    Based on the value in use calculations established for the Proactis SA Group, it has been necessary to recognise an impairment. The value in use calculation reflects pipeline conversion delay and the slowdown in volume-related activities during the period under review. The recoverable amount was estimated based on their value in use of €3.3M. An impairment of €3.5M has therefore been recorded.

    Other operating expenses

    Proactis SA Group has recorded a depreciation of 10.9 million euros on the receivables it owns against the current accounts with sister entities. This write-down was recorded at the request of Proactis SA’s statutory auditors. These current accounts result from intra-group transfer pricing billing and are not likely to be repaid in the short term.

    Profitability

    The Company recorded an EBITDA for the period ended 31 January 2024 of €2.0M (€2.8M for the year ended 2022).

    Net Earnings were € (16.6)M versus year ended 31 July 2022: € 0.3M.

    Cashflow

    In the period ended 31 January 2024, the Group‘s operating cash-flow was €3.2M. Capital investment remained strong, at €3.0M, and was focused on the Company’s strategic solution suite; The Business Network. The Group had positive cash balances of €0.6M on 31 January 2024 (31 July 2022: €0.9M).

    * * * *

    About Proactis SA (https://www.proactis.com/proactis-sa), a Proactis Company

    Proactis SA connects companies by providing business spend management and collaborative business process automation solutions for both goods and services, through The Business Network. Our solutions integrate with any ERP or procurement system, providing our customers with an easy-to-use solution which drives adoption, compliance and savings.

    Proactis SA has operations in France, Germany, USA and Manila.

    Listed in Compartment C on the Euronext Paris Eurolist.

    ISIN: FR0004052561, Euronext: PROAC, Reuters: HBWO.LN, Bloomberg: HBW.FP

    Contacts
    Tel: +33 (0)1 53 25 55 00
    E-mail: investorContact@proactis.com

    * * * *

    Attachment

    The MIL Network

  • MIL-OSI Translation: Canada-France Declaration on a Strengthened Partnership in Defence and Security

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Meeting in Ottawa on September 26, 2024, the Right Honourable Justin Trudeau, Prime Minister of Canada, and Emmanuel Macron, President of the French Republic, call for working together to foster the development of a strengthened partnership in defence and security.

    September 26, 2024 – Ottawa, Ontario – Global Affairs Canada

    Meeting in Ottawa on September 26, 2024, the Right Honourable Justin Trudeau, Prime Minister of Canada, and Emmanuel Macron, President of the French Republic, call for working together to foster the development of a strengthened partnership in defence and security.

    Canada and France have a strong defence relationship, based on shared history and interests, a common language and universal values.

    During the 20th century, Canada and France have forged a close defence relationship. During both world wars, Canadian and French soldiers fought side by side. This year, our two countries celebrated the eightieth anniversary of the Normandy landings. This defence relationship was solidified in 1949 with the establishment of the North Atlantic Treaty Organization (NATO), of which our two countries are founding members, and with our joint participation in several peacekeeping operations under the auspices of the United Nations, in operations under NATO command, and as part of the international coalition against Daesh.

    We share common security interests in a context of serious international tensions and, more broadly, the assertion of power logics and fait accompli. The year 2024 is thus characterized by an increase in meetings between our respective authorities, both at the political and military levels, with a shared desire to boost our exchanges in the field of defense and security, in order to establish a more ambitious strategic partnership. We are convinced that strengthened cooperation between our two countries will make it possible to better contribute to defending the international order based on the rules of respect for the sovereignty of States and our democratic principles. Together, we are determined to do our part to uphold the principles of the United Nations Charter, to contribute to the management of international crises and conflicts, including in the cyber domain, and to ensure the security and collective defense of NATO members.

    We will therefore deepen our defence and security cooperation with a view to supporting Ukraine, contributing to regional stability and security in the Indo-Pacific, strengthening our collaboration in crisis management and in the modernisation of our armed forces and combating foreign interference and the manipulation of information.

    Support Ukraine

    Canada and France will support Ukraine for as long as it takes to defeat Russia’s war of aggression in flagrant violation of international law, including the United Nations Charter. Our support for Ukraine’s independence, sovereignty and territorial integrity within its internationally recognized borders is unwavering. In line with the G7 Joint Statement of Support for Ukraine of July 2023, Canada and France have respectively signed bilateral agreements with Ukraine committing them, over the long term, to strengthening Ukraine’s capacity to defend itself, developing the country’s resilience and deterring Russia from any further aggression.

    We will strengthen our cooperation in the field of military material support to Ukraine and in the field of training, within the Ukraine Defence Contact Group (UDCG – also called the “Ramstein format”).

    Canada and France have already trained tens of thousands of Ukrainian soldiers through Operation UNIFIER for Canada and the EU Military Assistance Mission in Support of Ukraine (EUMAM Ukraine) for France. Our armed forces have continued cooperation on the training of Ukrainian fighter pilots. Our armed forces will continue to deepen their strategic cooperation in the field of cyber defence in support of Ukraine. We are determined to work with Ukraine and our partners to enable Ukraine to defend its sovereignty, independence and territorial integrity in the face of Russian aggression, both in traditional domains and in cyberspace, including by supporting the strengthening of Ukraine’s civilian cybersecurity capacities through the Tallinn Mechanism. More broadly, we will continue our discussions on the topics of common interest discussed at the Paris conference on February 26, 2024.

    Canada and France recognize that the deportation of Ukrainian children is a major issue and will continue their efforts, within the framework of the international coalition, for the return of Ukrainian children deported to Russia.

    Contributing to regional stability and security in the Indo-Pacific

    Canada and France are two Pacific countries that wish to actively contribute to regional stability and security. We aim to maintain an open and inclusive Indo-Pacific region, free from excessive dependencies and any form of coercion, and based on respect for international law, sovereignty and multilateralism.

    We reaffirm our shared commitment to support peace and stability on the Korean Peninsula through the implementation of United Nations resolutions and the enforcement of sanctions imposed by the United Nations Security Council. We remain fully mobilized with our partners to deter any attempt to circumvent these sanctions through maritime and air-sea surveillance.

    We deplore the escalating tensions in the South China Sea. We firmly oppose coercive or destabilizing activities, which lead to increasingly violent and recurring incidents, and call for enhanced dialogue between the different parties. We also emphasize the importance of the ability of all States to exercise their rights and freedoms, including freedom of navigation and overflight, in accordance with international law, including the United Nations Convention on the Law of the Sea.

    Our two countries will strengthen their cooperation in strategic and military analysis in the area, study the deployment of future joint patrol missions and increase their participation in multilateral exercises. This cooperation will improve interoperability between the armed forces of our two countries. With this in mind, we will work on the possibility of integrating Canadian support for the deployment of the Charles de Gaulle aircraft carrier.

    Canada and France will deepen cooperation to combat illegal fishing and conduct maritime surveillance with Pacific Island countries to strengthen their sovereignty. We will work toward joint deployments in the area. We will also strengthen regional security by participating in training for Pacific Island partner countries.

    Strengthening our collaboration in international crisis management and engaging together

    Canada and France recognize that climate change is not only an environmental threat, but also one of the greatest security challenges of our time. We strongly support NATO’s Action Plan on Climate Change and Security, including as co-sponsors, with 10 other Allies, of the NATO Centre of Excellence for Climate Change and Security in Montreal.

    We will share our crisis management situation assessments, as we did recently during the crisis in Haiti and in anticipation during targeted situation assessment exchanges in areas of common interest, such as the Middle East. We will identify new opportunities to deploy together. We will strengthen the NATO partnership by sharing experience between framework nations for the Canadian deployments in Latvia and the French deployments in Romania. France is ready to cooperate with Canada to facilitate logistical support to Canadian forces positioned in Latvia.

    In the Canadian Arctic, Canada and France are collaborating on Operation NANOOK, the Canadian Armed Forces’ flagship operation in this region. Our two countries aim to increase joint navigation exercises, experience sharing, interoperability and crew training in polar environments, particularly by leveraging the expertise and support of the Canadian Armed Forces in the Canadian Arctic.

    In the Sahel and more recently in the Gulf of Guinea, Canada provides unwavering support to the French armed forces through its operation FREQUENCE. We intend to renew this important and effective cooperation in 2025.

    Strengthening our collaboration in the modernization of the armed forces

    To better respond to crises, Canada and France will deepen their partnership to modernize their armed forces and improve their ability to engage together.

    We will continue to share expertise in human resources, which form the heart of our armed forces, in order to improve recruitment or for training in specific skills, by drawing on the capabilities that each has, particularly in terms of transport and strategic supply or submarine forces.

    Canada and France are committed to increasing their defence resources and strengthening their capabilities in order to ensure their sovereignty and support their partners. In this context, we will develop the sharing of our respective technological know-how, and work on new concrete cooperation in the land, maritime, air and cyber domains. We will continue our discussions on the organization and improvement of our industrial and acquisition processes.

    Combating foreign interference and manipulation of information

    Canada and France are facing foreign interference operations and the manipulation of information. Canada and France will strengthen their exchanges in order to respond effectively to these threats.

    Through our commitment to the G7 Rapid Response Mechanism (G7 RRM), our two countries are developing a collective response framework to counter foreign information manipulation operations, as announced at the G7 Summit in Puglia. These efforts must be accompanied by support for honest and quality information, for example through the Partnership for Information and Democracy and its Forum on Information and Democracy. We welcome initiatives such as the Journalism Trust Initiative, in which several of our Canadian and French media participate, to promote quality information.

    Through the G7 MRR, we are also developing collective approaches to counter other threats to democracy and will continue to advance these goals under our successive G7 presidencies in 2025 and 2026.

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI USA: NASA’s BioSentinel Studies Solar Radiation as Earth Watches Aurora

    Source: NASA

    In May 2024, a geomagnetic storm hit Earth, sending auroras across the planet’s skies in a once-in-a-generation light display. These dazzling sights are possible because of the interaction of coronal mass ejections – explosions of plasma and magnetic field from the Sun – with Earth’s magnetic field, which protects us from the radiation the Sun spits out during turbulent storms.
    But what might happen to humans beyond the safety of Earth’s protection? This question is essential as NASA plans to send humans to the Moon and on to Mars. During the May storm, the small spacecraft BioSentinel was collecting data to learn more about the impacts of radiation in deep space.
    “We wanted to take advantage of the unique stage of the solar cycle we’re in – the solar maximum, when the Sun is at its most active – so that we can continue to monitor the space radiation environment,” said Sergio Santa Maria, principal investigator for BioSentinel’s spaceflight mission at NASA’s Ames Research Center in California’s Silicon Valley. “These data are relevant not just to the heliophysics community but also to understand the radiation environment for future crewed missions into deep space.”
    BioSentinel – a small satellite about the size of a cereal box – is currently over 30 million miles from Earth, orbiting the Sun, where it weathered May’s coronal mass ejection without protection from a planetary magnetic field. Preliminary analysis of the data collected indicates that even though this was an extreme geomagnetic storm, that is, a storm that disturbs Earth’s magnetic field, it was considered just a moderate solar radiation storm, meaning it did not produce a great increase in hazardous solar particles. Therefore, such a storm did not pose any major issue to terrestrial lifeforms, even if they were unprotected as BioSentinel was. These measurements provide useful information for scientists trying to understand how solar radiation storms move through space and where their effects – and potential impacts on life beyond Earth – are most intense.

    The original mission of BioSentinel was to study samples of yeast in deep space. Though these yeast samples are no longer alive, BioSentinel has adapted and continues to be a novel platform for studying the potential impacts of deep space conditions on life beyond the protection of Earth’s atmosphere and magnetosphere. The spacecraft’s biosensor instrument collects data about the radiation in deep space. Over a year and a half after its launch in Nov. 2022, BioSentinel retreats farther away from Earth, providing data of increasing value to scientists.
    “Even though the biological part of the BioSentinel mission was completed a few months after launch, we believe that there is significant scientific value in continuing with the mission,” said Santa Maria. “The fact that the CubeSat continues to operate and that we can communicate with it, highlights the potential use of the spacecraft and many of its subsystems and components for future long-term missions beyond low Earth orbit.”
    When we see auroras in the sky, they can serve as a stunning reminder of all the forces we cannot see that govern our cosmic neighborhood. As NASA and its partners seek to understand more about space environments, platforms like BioSentinel are essential to learn more about the risks of surviving beyond Earth’s sphere of protection.

    MIL OSI USA News

  • MIL-OSI Canada: Westside Irrigation Rehabilitation Project to Create $5.9 Billion Impact

    Source: Government of Canada regional news

    Released on September 26, 2024

    Today, the Government of Saskatchewan released the Economic Analysis for the Westside Irrigation Rehabilitation Project (WIRP), the first part of the overall Lake Diefenbaker Irrigation Projects. 

    The analysis was done by KPMG LLP and shows an increase in Gross Domestic Product (GDP) of $5.9 billion while generating over 30,000 jobs (person years of employment) and 9,500 jobs during the construction phase. A conservative estimate of tax revenues to governments is projected to be upwards of $770 million with value added processing. 

    “Our government believes in supporting the economy by making sound investments to create a stronger Saskatchewan,” Minster Responsible for the Water Security Agency David Marit said. “This is only the start of what could be done, we have a truly remarkable opportunity in front of us to create a better quality of life for all Saskatchewan people for generations to come.”

    The overall GDP impact will increase significantly when factoring in the potential value-added benefits over a 50-year period. As seen in other jurisdictions, there is a direct connection to expanding irrigated acres and value-added processing investments.

    “The Government of Saskatchewan continues to discuss the project with the federal government,” Marit said. “We are hopeful they will come as a funding partner as this project is a major economic benefit to the Canadian economy and our country’s food security.”

    The work done by KPMG assessed the influence of increased crop production expenditures on GDP, employment, and taxes, using the 90,000-acre Westside Rehabilitation Irrigation Project.

    As announced in the spring of 2024, the engineering and design of the WIRP is moving forward with the engineering firms of MPE and Stantec as the joint venture Prairie Engineering Partners.   

    The Lake Diefenbaker Irrigation Projects are made up of three distinct projects: the Westside Rehabilitation, Westside Expansion, and the Qu’Appelle South Water Conveyance Project. 

    The current focus is on the WIRP as it expands and modernizes infrastructure constructed nearly 40 years ago to irrigate up to 90,000 acres of land. 

    For project updates and to view the report, visit: https://diefenbakerirrigation.ca/.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI Canada: Additional $18.1 Million for First Nation and Métis Organizations Through 2024-25 Gaming Payments

    Source: Government of Canada regional news

    Released on September 26, 2024

    Saskatchewan First Nation and Métis organizations will receive an additional $18.1 million for a total of $109 million in gaming payments in 2024-25 as a result of higher-than-forecast profits at Saskatchewan Indian Gaming Authority casinos, Lotteries and Gaming Saskatchewan casinos, and the PlayNow.com online gaming platform.

    “These additional payments to First Nations and Métis organizations will help support economic, social, educational and cultural initiatives,” Minister Responsible for First Nations, Métis and Northern Affairs Don McMorris said. “We will continue to collaborate with First Nations and Métis communities to advance their priorities.”

    The Ministry of Government Relations is responsible for distributing allocated casino gaming profits to the First Nations Trust, the Community Development Corporations, and the Clarence Campeau Development Fund in accordance with the 2002 Gaming Framework Agreement and the Lotteries and Gaming Corporation Act. 

    In the 2024-2025 Provincial Budget, the Government of Saskatchewan has provided $255.2 million in targeted funding has been provided for First Nation and Métis organizations. For more information on this year’s investment in First Nation and Métis communities, visit: saskatchewan.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI Canada: Canada–France Declaration on a Stronger Defence and Security Partnership

    Source: Government of Canada News

    On September 26, 2024, in Ottawa, the Right Honourable Justin Trudeau, Prime Minister of Canada, and Emmanuel Macron, President of the French Republic, called on our countries to work together towards a stronger defence and security partnership.

    September 26, 2024 – Ottawa, Ontario – Global Affairs Canada

    On September 26, 2024, in Ottawa, the Right Honourable Justin Trudeau, Prime Minister of Canada, and Emmanuel Macron, President of the French Republic, called on our countries to work together towards a stronger defence and security partnership.

    Canada and France have cultivated a strong defence relationship, founded upon shared history, interests, a common language and universal values.

    During the 20th century, Canada and France developed a close defence relationship. During both World Wars, Canadian soldiers and French soldiers fought side by side and this year, our countries celebrated the 80th anniversary of the Normandy landings. Our defence relationship was solidified in 1949 with the creation of the North Atlantic Treaty Organization (NATO), of which our two countries are founding members, as well as through our joint participation in various United Nations peacekeeping operations, NATO-led operations, and the Global Coalition Against Daesh.

    We share common security interests in a world facing serious international tensions and, more broadly, one marked by unilateral assertions of power. Given this, our respective officials, both political and military, have met with one another more regularly in 2024, to enhance our conversations on defence and security, and ultimately build a more ambitious strategic partnership. We are convinced that stronger cooperation between our two countries will facilitate better defence of the rules-based international order founded on respect for state sovereignty, and our democratic principles. Together, we are committed to doing our part to uphold the principles of the Charter of the United Nations; to help manage international crises and conflicts, including in the cyber domain; and to ensure the collective security and defence of NATO members.

    We will therefore expand our defence and security cooperation to support Ukraine, contribute to regional stability and security in the Indo-Pacific, reinforce our collaboration on crisis management and modernization of our armed forces, and fight against foreign interference and information manipulation.

    Support Ukraine

    Canada and France will support Ukraine for as long as it takes to thwart Russia’s war of aggression, which is a flagrant violation of international law, including the Charter of the United Nations. Our support for Ukraine’s independence, sovereignty and territorial integrity within its internationally recognized borders is unwavering. In line with the G7 Joint Declaration of Support for Ukraine of July 2023, Canada and France respectively signed bilateral agreements with Ukraine to confirm our commitment to strengthen Ukraine’s ability to defend itself, foster resilience in the country, and deter future aggression from Russia in the long-term.

    As part of the Ukraine Defence Contact Group (UDCG), also known as the Ramstein group, we will strengthen our cooperation in the area of military equipment support to Ukraine and training.

    Canada and France have trained tens of thousands of Ukrainian soldiers through Operation UNIFIER (Canada) and the EU Military Assistance Mission in support of Ukraine (France). Our armed forces have cooperated on training Ukrainian fighter pilots. Our armed forces will continue to deepen their strategic cooperation in the field of cyber defence in support of Ukraine. We are determined to work with Ukraine and our partners to support Ukraine in defending its sovereignty, independence and its territorial integrity against Russian aggression, both in the traditional domains and in cyberspace, including by helping strengthen Ukraine’s civilian cyber capacity through the Tallinn Mechanism. More broadly, we will continue our conversations on the topics of shared interest broached at the conference in Paris on February 26, 2024.

    Canada and France recognize that the deportation of Ukrainian children is a major concern and, as part of the international coalition, we will continue our efforts to ensure the return of the Ukrainian children deported to Russia.

    Contribute to regional stability and security in the Indo-Pacific

    Canada and France are two Pacific nations that wish to actively contribute to regional stability and security. We aim to maintain an open and inclusive Indo-Pacific region, free of excessive dependencies and any form of coercion, and founded on respect for international law, sovereignty and multilateralism.

    We reaffirm our shared commitment to support peace and stability on the Korean Peninsula, through implementing United Nations resolutions and implementing sanctions decided upon by the United Nations Security Council. We remain fully engaged with our partners to dissuade any attempt to circumvent those sanctions by means of maritime surveillance and maritime air surveillance.

    We deplore the rising tensions in the South China Sea. We strongly oppose coercive and destabilizing activities, which are leading to increasingly violent and recurrent incidents, and call for the various parties to engage in dialogue. We also highlight the importance for all states to be able to exercise their rights and freedoms, including freedom of navigation and overflight, in accordance with international law, including the United Nations Convention on the Law of the Sea (UNCLOS).

    Our two countries will strengthen our cooperation in terms of strategic and military analysis in the region, study opportunities for deploying future joint patrol missions, and increase our participation in multilateral exercises. This cooperation will improve interoperability between the armed forces of our two countries. In the same vein, we will consider integrating Canadian support to the deployment of the aircraft carrier Charles de Gaulle.

    Canada and France will cooperate more closely to fight against illegal fishing and ensure maritime surveillance with Pacific Island countries in order to strengthen their sovereignty. We will work on joint deployments in the area. We will also strengthen regional security by participating in the training of Pacific Island partner countries.

    Collaborate more closely on international crisis management and conduct joint operations

    Canada and France recognize that climate change is not only an environmental threat, but is also one of the greatest security challenges of our time. We wholeheartedly support NATO’s Climate Change and Security Action Plan, and we are two of the 12 sponsoring Allied nations of the NATO Climate Change and Security Centre of Excellence in Montreal.

    We will share our crisis management situation assessments, as we did recently during the crisis in Haiti, and in anticipation of situations in areas of mutual interest, like the Middle East. We will identify new opportunities to deploy together. We will strengthen the partnership within NATO by sharing experience among framework nations for Canada’s deployment in Latvia and France’s deployment in Romania. France stands ready to cooperate with Canada to facilitate logistical support to Canadian forces prepositioned in Latvia.

    In the Canadian Arctic, Canada and France collaborate on Operation NANOOK, the Canadian Armed Forces’ signature operation in that region. Our two countries wish to increase joint navigation exercises, knowledge sharing, interoperability and training of crews in polar environments, drawing on the expertise and support of the Canadian Armed Forces in the Canadian Arctic.

    In the Sahel and more recently in the Gulf of Guinea, Canada has provided the French Armed Forces with unfailing support under Operation FREQUENCE. We intend to renew this important, effective collaboration in 2025.

    Collaborate more closely on the modernization of armed forces

    To better respond to crises, Canada and France will deepen our partnership to modernize our armed forces and improve our ability to conduct joint operations.

    We will continue sharing expertise on human resources, the heart of our armies, to improve recruitment and training on specific skills, while leveraging each other’s capabilities in areas such as transport, strategic resupply, and submarine forces.

    Canada and France are committed to increasing our defence capacity and strengthening our capabilities to ensure our sovereignty and support our partners. To that end, we will share our respective technical know-how, and will find tangible new ways to work together on land, sea, air and cyberspace. We will continue discussing how to organize and improve our industrial and procurement processes.

    Fight against foreign interference and information manipulation

    Canada and France are confronted with foreign interference operations and information manipulation. Canada and France will increase communication with each other to effectively respond to those threats.

    Through our commitment to the G7 Rapid Response Mechanism (G7 RRM), our two countries are developing a collective response framework to counter foreign operations of information manipulation, as announced at the G7 Summit in Apulia. These efforts must be accompanied by support for factual and high-quality information, such as through the International Partnership on Information and Democracy and the Forum on Information and Democracy. We welcome initiatives such as the Journalism Trust Initiative, in which Canadian and French media are participating, to foster high-quality information.

    Thanks to the G7 RRM, we are also developing collective approaches to counter other threats to democracy and will continue to advance these objectives during our successive G7 presidencies in 2025 and 2026.

    MIL OSI Canada News

  • MIL-OSI Canada: Minister Blair to travel to Washington, D.C. for Global Coalition Against Daesh Foreign Ministers’ Meeting

    Source: Government of Canada News

    The Honourable Bill Blair, Minister of National Defence, will travel to Washington, D.C. to participate in a Global Coalition Against Daesh Foreign Ministers’ Meeting on September 30, 2024 on behalf of the Honourable Mélanie Joly, Minister of Foreign Affairs.

    September 26, 2024 – Ottawa, Ontario – National Defence / Canadian Armed Forces

    The Honourable Bill Blair, Minister of National Defence, will travel to Washington, D.C. to participate in a Global Coalition Against Daesh Foreign Ministers’ Meeting on September 30, 2024 on behalf of the Honourable Mélanie Joly, Minister of Foreign Affairs.

    The Global Coalition remains vital in preventing Daesh’s resurgence and addressing the ongoing threat it poses. To this day, this Coalition still provides critical support for stabilization and rebuilding in areas liberated from Daesh and continues to tackle this terrorist organization’s economic infrastructure to ensure its enduring defeat.

    During this meeting chaired by U.S. Secretary of State, Antony Blinken, Ministers will mark the forum’s tenth anniversary and recommit to mobilizing and coordinating efforts to defeat Daesh.

    Media availability

    Following the meeting, Minister Blair will hold individual interviews with Canadian media. For further information, please contact Simon Lafortune (details below).

    Date and time: September 30, 2024 starting at 5:30 p.m. (EDT)

    Simon Lafortune
    Press Secretary and Communications Advisor
    Office of the Minister of National Defence
    Phone: 343-549-0778
    Email: Simon.Lafortune2@forces.gc.ca

    Media Relations
    Department of National Defence
    Phone: 613-904-3333
    Email: mlo.blm@forces.gc.ca

    MIL OSI Canada News

  • MIL-OSI Russia: Financial news: 09/26/2024, 10:30 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JWNB0 (RosbankB26) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09.26.2024

    10:30

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 26, 2024, 10:30 (Moscow time), the values of the upper limit of the price corridor (up to 95.46) and the range of market risk assessment (up to 1034.84 rubles, equivalent to a rate of 18.75%) of the security RU000A0JWNB0 (RosbankB26) were changed.

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

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

    https://www.moex.com/n73472

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/26/2024, 10:30 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXXE1 (Rosnft1P7) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/26/2024

    10:30

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 26, 2024, 10:30 (Moscow time), the values of the upper limit of the price corridor (up to 107.17) and the range of market risk assessment (up to 1147.56 rubles, equivalent to a rate of 10.0%) of the security RU000A0JXXE1 (Rosnft1P7) were changed.

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

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

    https://www.moex.com/n73471

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/26/2024, 10:29 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXXD3 (Rosnft1P6) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09.26.2024

    10:29

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 26, 2024, 10:29 (Moscow time), the values of the upper limit of the price corridor (up to 107.93) and the range of market risk assessment (up to 1160.6 rubles, equivalent to a rate of 11.25%) of the security RU000A0JXXD3 (Rosnft1P6) were changed.

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

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

    https://www.moex.com/n73470

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/26/2024, 10:24 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JUKX4 (DOM.RF30ob) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/26/2024

    10:24

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 26, 2024, 10:24 (Moscow time), the values of the upper limit of the price corridor (up to 103.04) and the range of market risk assessment (up to 1071.81 rubles, equivalent to a rate of 8.13%) of the RU000A0JUKX4 security (DOM.RF30ob) were changed.

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

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

    https://www.moex.com/n73468

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/26/2024, 10:17 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JUW23 (Rosbn15IP) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/26/2024

    10:17

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 26, 2024, 10:17 (Moscow time), the values of the upper limit of the price corridor (up to 103.59) and the range of market risk assessment (up to 67.94 rubles, equivalent to a rate of 6.25%) of the security RU000A0JUW23 (Rosbn15IP) were changed.

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

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

    https://www.moex.com/n73466

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: Softline’s IPO on Moscow Exchange turns one year old

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    September 26, 2024 marks exactly one year since the start of trading in shares of PJSC Softline (SOFL) on the Moscow Exchange.

    Softline is one of the leading IT companies in Russia, a provider of solutions and services in the field of digital transformation and information security.

    The IPO successfully completed the company’s reorganization after its division into foreign and Russian parts of the business in 2022. With the start of trading, new investors were able to purchase shares of the now entirely domestic PJSC Softline.

    At the start of trading, the share of shares in free circulation (free-float) was about 15.7%, today this figure exceeds 20%. Softline shares are included in Innovation and Investment Market Sector Moscow Exchange, are included in the calculation base Moscow Exchange Innovation Index, Moscow Exchange Broad Market Index And Moscow Exchange IPO Index.

    In September 2024, about 100 thousand private investors were registered among the company’s shareholders, and their number continues to grow.

    In February 2024, the company held Investor’s Day on the Moscow Exchange platform and shared its results, achievements and development plans. Softline also participates in Moscow Exchange Annual Reports Competition, demonstrating best practices in information disclosure and corporate governance.

    Congratulations to the company on the first anniversary of listing on the Moscow Exchange!

    PJSC Softline is one of the leaders in the IT market with over 30 years of experience, a wide regional presence in more than 25 representative offices throughout Russia and access to qualified personnel, with over 9,100 employees, more than half of whom are engineers and developers. Currently, PJSC Softline is one of the fastest growing companies in the industry. In 2023, its turnover exceeded 91 billion rubles. The group ensures and accelerates the digital transformation of its customers’ businesses, connecting about 100,000 end customers from various industries with more than 5,000 best-in-class IT manufacturers.

    Moscow Exchange is the largest Russian exchange, the only multifunctional platform in Russia for trading shares, bonds, derivatives, currencies, money market instruments and commodities. The Moscow Exchange Group includes the central depository (Non-bank credit institution joint-stock company National Settlement Depository) and the clearing center (Non-bank credit institution – central counterparty National Clearing Center (Joint-stock company)), which performs the functions of the central counterparty in the markets, which allows Moscow Exchange to provide clients with a full cycle of trading and post-trading services.

    Contact information for media 7 (495) 363-3232PR@moex.com

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

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

    https://www.moex.com/n73465

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News