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  • MIL-OSI Security: Defense News: Gold Star Mother’s and Family’s Day

    Source: United States Navy

    WASHINGTON — Since 1936, the last Sunday in September has been designated as Gold Star Mother’s Day to recognize and honor those who have lost a child while serving our country in the United States armed forces. In 2009, fallen service members’ families were officially recognized and added by presidential proclamation, renaming the observance to Gold Star Mother’s and Family’s Day. Each year, the president signs a proclamation reaffirming our commitment to honor the individuals “who carry forward the memories of those willing to lay down their lives for the United States and the liberties for which we stand.” This year, on September 29, 2024, we pay tribute to those mothers and families who have sacrificed so much.

    The Navy Gold Star Program provides survivors a safe environment to experience their own unique grief while assessing needs and ensuring appropriate resources are provided. The program supports Gold Star Families while they adjust to the new normal and provides opportunities for remembrance so they will know they will forever be a part of the Navy community.

    As we observe Gold Star Mother’s and Family’s Day, let us all remember that that no one has given more for the nation than the families of the fallen and let them know they will never be forgotten. For more information on the Navy Gold Star Program please visit http://www.facebook.com/navygoldstar or http://www.navygoldstar.com or call 1-888-509-8759.

    MIL Security OSI

  • MIL-OSI Security: Defense News: USS Preble Departs San Diego for Japan

    Source: United States Navy

    SAN DIEGO — The Arleigh Burke-class guided-missile destroyer USS Preble (DDG 88) departed San Diego Sept. 22, 2024, shifting its homeport to Yokosuka, Japan. The move is part of a scheduled rotation of forward-deployed naval forces in the Pacific a permanent change of station move for for the crew and family members.

    Preble replaces USS Benfold (DDG 65), which will depart Yokosuka and shift its homeport to Everett, Washington.

    The forward presence of Preble directly supports the United States’ commitment to the defense of Japan, enhancing the national security of the United States while improving its ability to protect strategic interests. Preble will directly support the Defense Strategic Guidance to posture the most capable units forward in the Indo-Pacific Region.

    The United States values Japan’s contributions to the peace, security and stability of the Indo-Pacific and its long-term commitment and hospitality in hosting U.S. forces forward deployed there. These forces, along with their counterparts in the Japan Self-Defense Forces, make up the core capabilities the alliance needs to meet our common strategic objectives.

    “It has been more than four years since Preble last operated in 7th Fleet,” said Cmdr. Paul Archer, Preble’s commanding officer. “But Preble today is markedly different than the ship that last left 7th Fleet. Armed with the U.S. Navy’s most capable combat system suite, this crew is well-trained and hungry to take our cutting-edge warship west to support national strategic objectives. The Western Pacific is gaining a true asset—unparalleled technical capabilities and more than 300 Sailors excited for this new opportunity.”

    Preble is the sixth ship to be named in honor of Commodore Edward Preble, an early 19th century U.S. Navy hero who served in the Revolutionary War and launched the attack on Tripoli in 1803.

    The ship was commissioned Nov. 9, 2002, in Boston and has been homeported at Naval Base San Diego for nearly 22 years.

    One of Preble’s most notable operations was its 2004 surge deployment in support of the global war on terrorism. It was one of several U.S. Navy, Coast Guard, and coalition ships responsible for patrolling and safeguarding the waters near the Khawr AL Amaya and Al Basrah oil terminals in the Persian Gulf.

    The security environment in the Indo-Pacific requires that the U.S. Navy positions the most capable ships forward. This posture allows the most rapid response times for maritime and joint forces and brings our most capable ships with the greatest amount of striking power and operational capability to bear in the timeliest manner.

    The mission of Commander, Naval Surface Force, Pacific is to man, train, and equip the Surface Force to provide fleet commanders with credible naval power to control the sea and project power ashore.

    MIL Security OSI

  • MIL-OSI Russia: E10 buses started running to Salaryevo metro station

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    After the opening of the Troitskaya metro line, route E10 was extended to the Salaryevo metro station. 23 modern extra-large class buses run between the major transport hub of TiNAO and the center of the capital.

    “We continue to improve transport accessibility of TiNAO on behalf of Sergei Sobyanin. Residents of the new districts now have another convenient and fast way to get to the city center, rail frame stations and social facilities. Since September 8, buses of route E10 depart from the Salaryevo metro station. On average, they are used by about 24 thousand passengers per working day outside the holiday season,” said Deputy Mayor of Moscow in the Government of Moscow for Transport and Industry

    Maxim Liksutov.

    Now trips from Pervomaysky, Troitsk, Moskovsky and other settlements of TiNAO to the center can be made with just one transfer at the Salaryevo metro station.

    The travel time on the E10 express buses from Salaryevo to the Novatorskaya metro station is about 24 minutes without transfers, to the Ploshchad Gagarina station of the Moscow Central Circle – just over 40 minutes without transfers. The interval between E10 buses is up to 10 minutes.

    City residents can transfer between ground transport routes free of charge. To do this, you need to link your Troika card to your personal account in the Moscow Metro or Moscow Transport app. Remote replenishment of the Troika card can be activated at any validator on buses.

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

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

    http://vvv.mos.ru/nevs/item/144116073/

    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 Economics: Manufacturing That Returns to Nature—In Pursuit of “Nature Positive”

    Source: Panasonic

    Headline: Manufacturing That Returns to Nature—In Pursuit of “Nature Positive”

    The Panasonic Group is promoting a long-term environmental vision, Panasonic GREEN IMPACT (PGI). Complementing initiatives for carbon neutrality and circular economy, Panasonic Holdings Corporation (PHD) is also investing in the nature positive* economy, promoting research and development with green transformation (GX) as a pillar of its growth strategy. In August 2024, Dr. Naoki Adachi, CEO of Response Ability, Inc. and Executive Director of the Japan Business Initiative for Biodiversity (JBIB), sat down with Tatsuo Ogawa, PHD Executive Officer and Group CTO, for a dialogue on the importance of corporate initiatives for nature positive, what the Panasonic Group should be aiming for, and examples of nature positive initiatives within the Group. 
    * Nature Positive: halting and reversing biodiversity loss

    Why corporate commitments to nature positive matter

    The session began with Dr. Adachi explaining why biodiversity is critical to human economic activity:
    The global target agreed to at the 15th Conference of the Parties to the Convention on Biological Diversity (COP 15) in December 2022 is referred to as “nature positive.” With 2020 as the base year, the goal is to stop biodiversity loss and put it on a recovery track by 2030 and to fully restore our ecosystems by 2050.
    Climate change, resource cycles, and biodiversity are all “nature” issues. Ecosystem services—regulating, supplying, cultural, and infrastructure functions—have yielded a variety of benefits to humans but are breaking down under the burden of human economic activity. Biodiversity is “natural capital.” We must acknowledge that our lives and business activities depend on biodiversity—and that if we negatively impact biodiversity, then that natural capital will disappear and human economic activity will no longer be possible.

    Dr. Naoki Adachi

    The Economics of Biodiversity: The Dasgupta Review, a report commissioned by the UK Treasury and published in 2021, states that “the economy is only one part of the environment (biosphere).” Along with this awareness is the importance of utilizing nature to solve problems in the future—and to do that, we need to increase the amount of nature.
    Companies must hone their technical ability to harness the power and functions of nature and strengthen their managerial skills so they can launch businesses that increase nature.

    What nature positive action is required from Panasonic Group?

    Ogawa asked Dr. Adachi about the direction the Group should take in its nature positive efforts, and shared his own thoughts on the realization of nature positive from a corporate perspective.

    Conversation between CTO Tatsuo Ogawa and Dr. Naoki Adachi

    Ogawa: The Panasonic Group’s nature positive initiative is just getting started. What direction should we be taking?
    Dr. Adachi: It’s wonderful that you are broadly disclosing the Group’s impact on nature in the Sustainability Data Book and other publications. I think you can find some clues by reviewing your impact not only within the Group but also across your supply and value chains.
    Ogawa: As a company, our perspective tends to be limited to things that have a direct impact on our business today. Based on our firm understanding of “the concept that biodiversity underlies all economic activity,” we will thoroughly promote our circular economy initiative. By expanding our perspective to the entirety of nature and the planet, we believe that we will be able to create new relationships with partner companies.
    Dr. Adachi: In the coming age of nature positivity, a new market will emerge. I think it would be a good idea to take another look at nature, to make good use of nature to solve problems, and to be conscious of the upfront investment that will be required.

    Specific initiatives for becoming nature positive

    The Panasonic Group has multiple initiatives under way to develop and commercialize technologies and realize a nature positive economy, driven by the passion of employees who want to make a positive impact on the environment.
    Let’s take a closer look at three initiatives:

    Bio CO2 Transformation technology “Novitek”

    Bio CO2 Transformation technology uses atmospheric CO2 as the main source to produce a component that stimulates plant growth by harnessing photosynthetic microorganisms. Expected to be commercialized as “Novitek” by the end of FY2025, it can promote decarbonization while stimulating plant growth and increasing crop yields.

    [Related Article] Panasonic in Numbers: Bio CO₂ Transformation Technology

    Left: Biomolecules are diluted by a factor of 500 and then applied to the leaves of crops Right: A single application of Novitek to the spinach on the left increased yield by 40 percent compared to untreated spinach on the right.

    Seiji Kojima, Green Innovation Center, PHD Technology Division

    Novitek developer Seiji Kojima of the PHD Technology Division had this to say:
    Kojima: We sought a dual vision of reducing environmental burden and creating economic value. When working with nature, the idea is to chain and amplify value in multiple stages, leveraging the power of nature at each stage.Bio CO2 Transformation starts with atmospheric CO2. Even when crops are being sprayed, the system seeks to improve productivity by making use of atmospheric CO2. Depicting this kind of value chain and amplification structure for initiatives that focus on the environment and nature is important. 

    2-step plan to reduce environmental burden and create economic value (value chain/amplification)

    Restoring regional flora—Kusatsu Factory “Forest of Coexistence”

    The Forest of Coexistence covers 13,000 m2 at Panasonic Corporation (Panasonic)’s Kusatsu Factory of in Kusatsu City, Shiga Prefecture and is positioned as an important green space under Panasonic’s Ecological Network Concept, which seeks to contribute to local biodiversity while preserving the landscape.

    The overview of the Panasonic Kusatsu Factory and the Forest of Coexistence

    Takahiro Nakano, from the General Affairs Department of Panasonic’s Living Appliances and Solutions Company, manages the Forest of Coexistence and explains its significance:
    Nakano: When founder Konosuke Matsushita visited the Kusatsu Factory in 1970, he said, “Kusatsu (Factory) is made with an emotional atmosphere by fully utilizing (or taking advantage of ) nature. In fact, that’s how I want it to be.” Since then, the Kusatsu Factory has been developed as a “park factory” surrounded by greenery and flowers and cherished by local residents, the “most advanced factory in the Orient” that enriches people’s lives.The company introduced the Ecological Network Concept to create a green space in a corner of the site and secure a habitat for wildlife while connecting it with the surrounding green space and waterfront. Known as the “Forest of Coexistence,” development began in October 2011.

    The significance and role of the Forest of Coexistence

    Nakano: The site includes waterfront, grassland, and woodland and serves as a model for “satoyama” (rural spaces in which humans and nature coexist). A team of experts monitors the restoration status of the satoyama environment. Employees manage green areas, monitor for invasive species, and raise seedlings and plant trees. The number of plant and animal species has recovered from approximately 580 species in 2011 to approximately 840 in 2016. 

    Plants and animals living in the Forest of Coexistence

    Takahiro Nakano, General Affairs Department, Living Appliances and Solutions Company, Panasonic Corporation

    Nakano: In October 2023, the Ministry of the Environment certified the area as an “OECM (Other Effective area based Conservation Measure) site” and the site was registered in an international database as one of Japan’s OECMs in August 2024.

    Open Innovation “Nawashiro” Initiative

    Since April 2023, PHD has been launching our system for nurturing technologies in their seed stage, called “Nawashiro.” Inspired by the Japanese practice of growing rice seedlings, which requires careful attention and effort, “Nawashiro” reflects our commitment to nurturing technologies without cutting corners. It leverages collaboration with academia, providing resources and mentorship to help emerging technologies develop until they are ready for the market, embodying our dedication to fostering innovation. Koichi Matsumura of PHD’s Technology Planning Office, explains: 
    Matsumura: This initiative is known as “Nawashiro” because it nurtures the seeds of technology. Our goal is to create themes that actively utilize industry-academia collaboration.

    Koichi Matsumura, Open Innovation Promotion Department, Technology Planning Office, PHD

    Matsumura: Our approach is to study the subject area and then “go into the field for hands-on work.” We analyze data and facts using the knowledge we’ve gained, and then compile the results, hypotheses, and facts we think will be of interest to professors at Kyoto University and other universities with whom we collaborate. Today we are exploring and analyzing the following activities:
    Collaboration with Kyoto University: Understanding the Mechanism of Natural CyclesBased on hill-to-ocean linkage studies, we seek to establish sensing, modeling, and actuation methods for material circulation in forests/soil. We collect and analyze data from sensors that have been installed at various sites.

    Left: Academics from collaborating universities inspect the Forest of CoexistenceRight: Sound data collection experiment at Kyoto University’s Kamigamo test site. Sound data is analyzed using Panasonic sound analysis technology.

    Matsumura: We want to create opportunities to accelerate research by sharing the findings and data obtained here with researchers, including those outside of “Nawashiro.”

    At the conclusion of their dialog, Dr. Adachi and Ogawa offered some closing comments. 
    Dr. Adachi: As part of our efforts to realize nature positivity, we would like you to promote recycling-based manufacturing from the design stage.
    Ogawa: In July 2024, the PHD Corporate Technology Sector formulated a “Technology Future Vision” that includes themes that cannot be separated from nature—including energy, water, and food. Nature is the source of everything. Using this as our starting point, we will consider new ways of doing business, of creating new communities, of producing food and new energy, and new ways of recycling resources—all aligned to the theme of “nature.” We will also consider combining nature and AI. By doing so, a new future will open up for the Panasonic Group.

    Related Articles

    MIL OSI Economics

  • MIL-OSI: Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Source: GlobeNewswire (MIL-OSI)

    Special closed-ended type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – the Company or INVL Technology), informs that on the initiative and decision of the management company INVL Asset Management, UAB (hereinafter – the Management Company), the General Extraordinary Shareholders Meeting (hereinafter – the Meeting) is to be held on 21 October 2024.

    The place of the Meeting: the office of Company, the address Gyneju str. 14, Vilnius.

    The Meeting will start at 09:00 a.m. (registration starts at 08:45 a.m.).

    The Meeting’s accounting day 14 October 2024 (the persons who are shareholders of the Company at the end of accounting day of the Meeting or authorized persons by them, or the persons with whom shareholders concluded the agreements on the disposal of voting right, shall have the right to attend and vote at the Meeting).

    The total number of shares of the Company is 12,175,321 units shares; the number of shares giving the right to vote at the general meeting of shareholders is 11,989,855 units shares.

    Agenda of the Meeting:

    1. Regarding the election of an auditor to carry out the audit of the annual financial statements and setting conditions of payment for audit services.

    Draft resolutions of the Meeting:

    1. Regarding the election of an auditor to carry out the audit of the annual financial statements and setting conditions of payment for audit services.

    Considering that PricewaterhouseCoopers, UAB has audited the Company for 10 years and, in accordance with the requirements of Regulation (EU) No. 537/2014 of the European Parliament and of the Council, can no longer continue to provide audit services, it is decided to:

    1.1. Based on the results of the Company’s surveys of audit firms and the recommendation provided by the audit committee, to appoint BDO Auditas ir Apskaita, UAB, as the Company’s audit firm for the audit of the Company’s annual financial statements for the years 2024, 2025, and 2026, and for the assessment of the Company’s management reports.

    1.2. To authorize the person appointed by the Management Company to sign the audit services contract, according to which the payment for the audit of the financial statements for the three financial years and the evaluation of the management reports will be the price agreed by the parties, but not exceeding 52,500 euros (excluding VAT) for the entire three-year period.

    1.3. To stipulate that the Board of the Management Company reserves the right to increase the remuneration of the audit company by no more than 25 percent of the total remuneration approved by this decision if the scope of audit work changes significantly.

    The documents related to the agenda, draft resolutions on every item of the agenda, documents that have to be submitted to the General Shareholders Meeting and other information related to the realization of shareholders’ rights are published on the Company’s website http://www.invltechnology.lt section For investors, and also by prior agreement available at the premises of the Company, located at Gyneju str. 14, Vilnius (hereinafter – the Premises of the Company) during working hours. Phone for information +370 5 279 0601.

    The shareholders are entitled:

    1. to propose to supplement the agenda of the Meeting submitting draft resolution on every additional item of agenda or, then there is no need to make a decision – explanation of the shareholder (this right is granted to shareholders who hold shares carrying at least 1/20 of all the votes). Proposal to supplement the agenda is submitted in writing sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01109 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt. The agenda is supplemented if the proposal is received no later than 14 days before the Meeting. In case the agenda of the Meeting is supplemented, the Company will report on it no later than 10 days before the Meeting in the same way as on convening of the Meeting.
    2. to propose draft resolutions on the issues already included or to be included in the agenda of the Meeting at any time prior to the date of the Meeting (in writing, sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01109 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt or in writing during the Meeting (this right is granted to shareholders who hold shares carrying at least 1/20 of all the votes).
    3. to submit questions to the Company related to the issues of the agenda of the Meeting in advance but no later than 3 business days prior to the Meeting in writing sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01109 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt. All answers related to the agenda of the Meeting to questions submitted to the Company by the shareholders in advance, are submitted in the Meeting or simultaneously to all shareholders of the Company prior to the Meeting. The Company reserves the right to answer to those shareholders of the Company who can be identified and whose questions are not related to the Company’s confidential information or commercial secrets.

    The shareholder participating at the Meeting and having the right to vote, must submit the documents confirming personal identity. A person who is not a shareholder shall, in addition to this document, submit a document confirming the right to vote at the Meeting. The requirement to provide the documents confirming personal identity does not apply when voting in writing by filling in a general ballot paper.

    Each shareholder may authorize either a natural or a legal person to participate and to vote on the shareholder’s behalf at the Meeting. An authorised person has the same rights as his represented shareholder at the Meeting unless the authorized person’s rights are limited by the power of attorney or by the law. The authorized persons must have the document confirming their personal identity and power of attorney approved in the manner specified by law which must be submitted to the Company no later than before the commencement of registration for the Meeting. The Company does not establish special form of the power of attorney. A power of attorney issued by a natural person must be certified by a notary. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner established by law. The persons with whom shareholders concluded the agreements on the disposal of voting right, also have the right to attend and vote at the Meeting.

    Shareholder is entitled to issue power of attorney by means of electronic communications for legal or natural persons to participate and to vote on its behalf at the Meeting. No notarisation of such authorization is required. The power of attorney issued through electronic communication means must be confirmed by the shareholder with a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder shall inform the Company on the power of attorney issued through the means of electronic communication by e-mail info@invltechnology.lt not later than on the last business day before the Meeting. The power of attorney and notification must be issued in writing and could be sent to the Company by electronic communication means if the transmitted information is secured and the shareholder’s identity can be identified. By submitting the notification to the Company, the shareholder shall include the internet address from which it would be possible to download software to verify an electronic signature of the shareholder free of charge.

    Shareholders of the Company are urged to use the right to vote on the issues in the agenda of the Meeting by submitting properly completed general voting bulletins to the Company in advance. The form of general voting bulletin is presented at the Company’s webpage http://www.invltechnology.lt section For Investors. If shareholder requests, the Company shall send the general voting bulletin to the requesting shareholder by registered mail or shall deliver it in person no later than 10 days prior to the Meeting free of charge. If general voting bulletin is signed by a person authorized by the shareholder, it should be accompanied by a document certifying the right to vote.

    The Company invites its shareholders who decide to participate in the Meeting to choose one of the following alternatives:
    __________

    Alternative No. 1:

    A shareholder or person authorised by them should complete and sign a written voting bulletin and send it to the Company by e-mail (info@invltechnology.lt) and send the original bulletin by registered or ordinary post to the address Gynėjų str. 14, LT-01109 Vilnius. Properly completed written voting bulletins may be sent by registered or ordinary post to the address Gynėjų str. 14, LT-01109 Vilnius without submitting a copy to the e-mail address specified or delivered in person to the Company on business days at the Company‘s registered address mentioned above. Along with a bulletin, a document confirming the right to vote must also be sent. Those voting bulletins shall be deemed valid which are properly completed and are received before the start of the General Meeting of Shareholders.

    __________

    Alternative No. 2:

    A shareholder or person authorised by them should complete a written voting bulletin, save it on their computer and sign it with a qualified electronic signature. Send the written voting bulletin which is properly completed and signed with a qualified electronic signature to the Company by e-mail at info@invltechnology.lt.

    The Company suggests using the following free qualified electronic signature systems: Dokobit and GoSign.

    __________

    Alternative No. 3:

    If shareholders of the Company do not have the possibility to use voting alternatives No. 1 or No. 2, the Company will provide conditions for the shareholders or persons duly authorised by them to come on 21 October 2024 to the address Gyneju str. 14 in Vilnius, to the Company’s Meeting.

    The person authorized to provide additional information:
    INVL Technology Managing Partner
    Kazimieras Tonkūnas
    E-mail  k.tonkunas@invltechnology.lt

    Attachment

    The MIL Network

  • MIL-OSI: Baltic Horizon Fund requests for partial early redemption and temporary waiver under the bond terms and conditions

    Source: GlobeNewswire (MIL-OSI)

    Baltic Horizon Fund (the Issuer) applies for temporary waiver of debt service coverage ratio covenant in relation to Baltic Horizon Fund EUR 42 million 5-year floating rate bonds maturing in 2028 (ISIN EE3300003235, the Bonds). The current outstanding nominal amount of the Bonds is EUR 22,000,000 as Baltic Horizon Fund has mandatorily redeemed Bonds in nominal amount of EUR 20,000,000 as foreseen under the terms and conditions of the Bonds (Terms and Conditions).

    In the light of the current situation of Baltic economies, the outlook for next year as well as the associated effects on the fund, Baltic Horizon Fund has decided to request the holders of the Bonds (the Holders) to amend and lower the debt service coverage ratio covenant in the Terms and Conditions for a period of 24 months starting from 30 September 2024 until 30 September 2026. Baltic Horizon Fund confirms to all Holders that its ability to fulfil the monetary obligations provided in the Terms and Conditions has not been affected.

    Baltic Horizon Fund also applies for a consent to stipulate an additional obligation for mandatory early redemption of the Bonds concerning total nominal amount of EUR 3,000,000  by 7 November 2025.

    Northern Horizon Capital AS as the fund manager has been in contact with the Holders and received preliminary consent for the requested amendments which is now to be confirmed in the official Holders’ written consent procedure in accordance with the Terms and Conditions.

    Holders who were entered in the registry of bond-holders maintained by Nasdaq CSD SE on the preceding business day before initiation of the written procedure, i.e. at the end of business of Nasdaq CSD SE on 25 September 2024, are entitled to vote in the written procedure. All Holders are sent a notice by Triniti Collateral Agent IX OÜ acting as the agent for Holders (the Agent). 

    The consents the Holders are requested to grant are the following:

    1. to amend the undertaking set out in Clause 13.3.1(b) of the Terms and Conditions in the following wording: the Debt Service Coverage Ratio of the Group (i) is above one point ten (1.10) until 31 December 2023 (inclusive), (ii) is above zero point eighty five (0.85) for the period of 1 January 2024 (inclusive) until 29 September 2024 (inclusive), (iii) is above zero point seventy five (0.75) for the period of 30 September 2024 (inclusive) until 30 June 2025 (inclusive), (iv) is above one point zero (1.00) for the period of 1 July 2025 (inclusive) until 30 September 2026 (inclusive), and (v) thereafter as of 1 October 2026 is above one point twenty (1.20);
    2. to amend the undertaking set out in Clause 12.4.1 and to stipulate an additional obligation for mandatory early redemption of the Bonds under Clause 12.4.1(c) of the Terms and Conditions concerning Bonds with a total nominal value of EUR 3,000,000 by 7 November 2025;
    3. to introduce an amendment fee to the Terms and Conditions payable by the Issuer to the Holders for granting consent to request no 1 as described above in total amount of EUR 95,000 (i.e., total amount payable to all Holders jointly) and payable within 10 business days as of the decision for the amendment of the Terms and Conditions.
    4. to introduce an amendment fee to the Terms and Conditions payable by the Issuer to the Holders for granting consent to request no 2 as described above in total amount of EUR 200,000 (i.e., total amount payable to all Holders jointly) and payable together with the completion of the additional mandatory early redemption (i.e., at or before 7 November 2025).

    Voting can be carried out by sending the filled-in voting form to the Agent by mail, courier or e-mail no later than 23:59 (EET) of 1 October 2024. The notice sent by the Agent along with the voting instructions, the voting form and template Power of Attorney are attached.

    For the quorum to be reached and the resolution taken the Holders representing at least 55% of the nominal amount of the Bonds should vote and Holders representing at least 2/3 of the nominal amount of the Bonds participating in the voting need to be in favour of the decision. Once a requisite majority of consents have been received by the Agent, the relevant decision shall be deemed to be adopted, even if the time period for replies has not yet expired. Information about the decision taken will be sent by notice to the Holders, published on the website of Baltic Horizon Fund and published by way of stock exchange release. If the request is approved by the Holders it will be binding on all Holders whether they participated in the voting or voted against the request or not, in accordance with Clause 16.12 of the Terms and Conditions.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    http://www.baltichorizon.com

    Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Both the Fund and the Management Company are supervised by the Estonian Financial Supervision Authority.

    Distribution: Nasdaq, GlobeNewswire, http://www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on http://www.baltichorizon.com. You can also follow Baltic Horizon Fund on http://www.baltichorizon.com and on LinkedIn, FacebookX and YouTube.

    The MIL Network

  • MIL-OSI New Zealand: School caving tragedy was preventable

    Source: Worksafe New Zealand

    WorkSafe has uncovered multiple failures that contributed to a teenager’s death on a school caving trip in Northland last year.

    Whangārei Boys’ High School student Karnin Petera drowned in floodwaters from torrential rain at Abbey Caves in May 2023. Sixteen other students on the trip and their two supervisors were lucky to survive.

    Karnin’s parents contacted the school multiple times to express their concerns about the weather in the lead-up to the trip, but were told it would go ahead as the school didn’t expect heavy rain until later.

    A full day before the group ventured in, MetService had issued an orange weather warning forecasting heavy rain. The school’s own risk assessment for the caving trip noted it would be cancelled in the event of heavy rain warnings. However, WorkSafe found there was no shared understanding among organisers and decision-makers of exactly what heavy rain meant, or when trips would be cancelled.

    Overall, the school Board had ineffective oversight of high-risk activities and critical decisions, and its emergency planning failed to identify the risk of rising water trapping students while caving. The Board fully cooperated with WorkSafe throughout the entire investigation.

    “This tragedy is the worst nightmare of any parent, and could easily have involved multiple casualties. Our heartfelt sympathy remains with Karnin’s friends and whānau who continue to mourn his loss and the survivors who live with ongoing impacts,” says WorkSafe’s Inspectorate Head, Rob Pope.

    “Outdoor education plays a crucial role in providing students with valuable, real-world learning experiences that enhance their overall education. However, there must be gold standard risk management whenever schools take rangatahi into the great outdoors. This drowning should be a moment for every school board in the country to ensure its oversight of outdoor education is robust – and if you’re at all unsure, get an expert involved,” says Rob Pope.

    Education outside the classroom (EOTC) safety management systems should be regularly reviewed by school boards.

    “It is essential that the person responsible for EOTC in each school is registered on the EOTC coordinators database and participates in ongoing professional development, so schools can continue delivering safe, engaging, and high-quality education outside the classroom,” says Education Outdoors New Zealand’s chief executive, Fiona McDonald.

    Schools must manage their risks under the Health and Safety at Work Act 2015. WorkSafe is proactively engaging with the Ministry of Education, Education Review Office, and Education Outdoors NZ to raise awareness of the issues and drive improvements across the sector.

    Read more guidance from Education Outdoors New Zealand(external link)

    Background

    • The Whangārei Boys’ High School Board was sentenced at Whangārei District Court on 27 September 2024
    • The charges were filed against the legal entity of the Board, not individuals
    • Reparation payments of more than $500,000 were ordered but the details are suppressed
    • The Board was charged under sections 36(2), 48(1) and 2(c) of the Health and Safety at Work Act 2015
      • Being a PCBU, having a duty to ensure, so far as is reasonably practicable, the health and safety of workers of other persons is not put at risk from work carried out as part of the conduct of the business or undertaking, namely the outdoor education caving activity to Abbey Caves Reserve, did fail to comply with that duty, and that failure exposed other persons, including Karnin Petera, to a risk or death or serious injury.
    • The Board was charged under sections 36(1)(a), 48(1) and 2(c) of the Health and Safety at Work Act 2015
      • Being a PCBU, having a duty to ensure, so far as is reasonably practicable, the health and safety of workers who work for the PCBU while the workers were at work in the business or undertaking, namely undertaking an outdoor education caving activity to Abbey Caves Reserve, did fail to comply with that duty, and that failure exposed workers to a risk of death or serious injury.

    Media contact details

    For more information you can contact our Media Team using our media request form. Alternatively:

    Email: media@worksafe.govt.nz

    MIL OSI New Zealand News

  • MIL-OSI Europe: Statement on advisory against travel to Lebanon

    Source: Government of Sweden

    Statement on advisory against travel to Lebanon – Government.se

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    Published

    The security situation in Lebanon is serious and unpredictable, and it could deteriorate very quickly.

    Since October 2023, the Ministry for Foreign Affairs has advised against all travel to Lebanon. The Ministry also urges all Swedes who, despite the official advice, are currently in the country to leave as soon as possible. 

    Despite the serious situation and the advice against travel, it is estimated that at least 2 000 Swedes are currently in Lebanon. In addition, more than 5 000 Swedes are expected to travel to the country in the coming weeks. This is deeply concerning and serious.

    An advisory against all travel to a country and urging people to leave is the Ministry for Foreign Affairs’ most stringent advisory. It is a very strong signal that the security situation is serious and can rapidly change. It means that the Ministry and the Embassy have very limited opportunities to help people who may need consular support. 

    Anyone who chooses to stay in, or travel to, Lebanon bears a high degree of personal responsibility.

    It is important that anyone who – in the current situation – chooses to stay in or travel to Lebanon be aware that the Ministry for Foreign Affairs and the Embassy will have severely limited possibilities to provide consular support if the situation deteriorates. 

    Short cuts

    MIL OSI Europe News

  • MIL-OSI Europe: Sweden’s National Statement at the 79th Session of the United Nations General Assembly

    Source: Government of Sweden

    Mr President, Excellencies,

    We are gathered in this Assembly while the world, and this organisation, are facing major and existential challenges.

    We are gathered while we are witnessing an unprecedented number of armed conflicts. From Ukraine to Sudan, the eastern Democratic Republic of the Congo and Gaza.

    We are gathered while we are failing at our collective goal of maintaining international peace and security, of saving future generations from the horrors of war and from the disastrous consequences of underdevelopment and climate change.

    Mr President,

    The UN Charter – the sovereign equality of all states, the peaceful settlement of disputes, the prohibition of the threat or use of force against any state – is being challenged. We must stand by the Charter.

    Sweden’s strong defence of international law, including the UN Charter, is based on the understanding that both our own security and that of other countries depends on it.

    Ensuring respect for sovereignty, territorial integrity and political independence of all states – both large and small – is in our common interest. At its core lies the need for a global system that is open, predictable and applies equally to all.

    In too many places around the world, including in Sweden’s immediate neighbourhood, we are witnessing the consequences of violations of the rules and principles we have all agreed to.

    Since the start of Russia’s aggression against Ukraine in 2014, and with the full-scale invasion of Ukraine in 2022, Russia has brutally invaded the territory of another UN Member State. This Assembly has strongly and repeatedly condemned Russia’s aggression against Ukraine as a blatant violation of international law, including the UN Charter.

    If a member of the Security Council is allowed to reap the fruits of aggression, the harmful impact will not stop with Ukraine. Russia’s leadership will continue its attempts to impose its rule on neighbouring countries.

    The territorial integrity and sovereignty of all states must serve as a basis for a comprehensive, just and lasting peace in Ukraine. This was confirmed at the Peace Summit in Switzerland in June, which gathered some 100 delegations from all continents.

    Ukraine has made clear from the start that it wants a peaceful settlement based on the UN Charter. As President Zelensky rightfully said in his speech before this assembly yesterday: “There can be no just peace without Ukraine.” Sweden’s steadfast support for Ukraine’s efforts to restore its sovereignty and territorial integrity will continue for as long as it takes.

    As a direct response to Russia’s full-scale invasion, Sweden and Finland chose to join NATO. For Sweden’s part, this represents a truly historic change, ending 200 years of military non-alignment. This was our decision to take, because it is the right of each state to choose its own security policy path.

    Sweden’s NATO membership gives us a new, crucial platform to defend the fundamental values of our foreign and security policy. We will apply the same principled approach in NATO as we do in the UN, the EU, the OSCE and the Council of Europe. In other words, we will continue to defend international law, democracy, individual freedoms, human rights and gender equality.

    Mr President,

    Sweden has always defended the universal principles of sovereignty and the right to self-determination. In fact, Sweden has consistently supported countries struggling for liberty, independence and democracy – not least in Africa. And we continue to be an engaged partner of African countries. 
    To take just one example, I am deeply concerned about the situation in Sudan. More than 10 million people have been displaced, which roughly corresponds to the entire population of my own country. Safe, rapid and unhindered humanitarian access, an immediate ceasefire and negotiations ensuring a return to civilian rule are urgently required.

    Therefore, Sudan is among the countries receiving the most humanitarian support from Sweden this year. Sweden remains a key partner and donor of UN humanitarian assistance, as well as of peacekeeping and peacebuilding efforts.

    Similarly, Sweden supports the ongoing peace efforts by the United Nations in Yemen, where we will continue to work with our partners for a principled and inclusive humanitarian response. The people of Yemen are looking to the international community for hope, for a way out of humanitarian despair. We must answer that call.

    Mr President,

    We are also faced with the threat of a regional war, the consequences of which no one can predict. My country’s longstanding commitment to peace efforts in the Middle East dates back to 1948 and the efforts of UN mediator Folke Bernadotte. Today, Sweden is one of the largest core donors to UN agencies and other organisations working to mitigate the immense suffering of the civilian population in Gaza. At the same time, Sweden stands up for Israel’s right to defend itself in accordance with international law and demands that the hostages be released.

    Israel is being threatened by Iran and its allies simultaneously on several fronts. Hezbollah’s repeated attacks since October 8th has led to a dangerous military escalation. Sweden fully supports the efforts by the United States, France and others to reach a diplomatic solution. A ceasefire would provide space for reaching a diplomatic settlement consistent with UN Security Council resolution 1701 as well as the implementation of UN Security Council 2735 on a ceasefire in Gaza.

    In the longer term, Sweden – like the EU and the United States – believes in the idea of a two-state solution in which Israelis and Palestinians can live side by side in peace, freedom and democracy.

    Mr President,

    In order to address global challenges, we need to ensure that our aid helps to mobilise additional resources, not least private capital.
    Development assistance alone is not enough to build long-term wealth and welfare.

    It must go hand in hand with democracy, the rule of law, market development, trade, investments and technology transfer. We see that clearly in the countries now leaving poverty behind.

    We must also redouble our efforts to achieve the 2030 Agenda. Sweden is one of the world’s most generous donors of development assistance. Through our development assistance, we are accelerating the implementation of the Sustainable Development Goals. To achieve this, strong national ownership in partner countries and a broader approach to development cooperation among donors is needed.

    We must also step up the fight against corruption so that economic growth benefits the whole of society, not just the few.

    Mr President,

    I can only note that women have been underrepresented as speakers this week at the General Debate. Women make up 50 percent of the world’s population, yet less than 10 percent of speakers this week are women. There is a lot of room for improvement in this regard.

    I agree with the Secretary-General that global opposition to gender equality is on the rise. That is why gender equality is a core value in Sweden’s foreign policy.

    So let me say this: countries that stand up for women’s and girls’ rights are not only champions of freedom and human rights. They also benefit from broad labour market participation and economic growth.

    Respect for human rights, providing sexual and reproductive health and rights services, and empowering young girls and women are tangible contributions to advancing gender equality. This is what I want for the future of my daughter and for the daughters of others, too.

    Simply put, our free society must stand up against those who wish to exploit our freedom to restrict the freedom of others. Everyone must be able to live safely and freely, regardless of religious beliefs or personal convictions, regardless of skin colour and regardless of whom they love. To my government, this is of such importance that we have begun work on an action plan for equal rights and opportunities for LGBTQI people.

    The green and digital transition offers vast opportunities in terms of new jobs, increased growth and improved livelihoods. Sweden aims to become climate-neutral by 2045, at the latest. As early movers, we want to show that it is possible to reduce emissions while maintaining economic growth. At the same time, global ambitions on climate action and climate financing must be raised. Here as well, we are increasing our support even further and enhancing its effect, advancing innovative financial models to mobilise more private capital.

    Mr President,

    The many crises in our world today have shed a harsh light on the need for reforms of our multilateral system. We need global governance structures that can withstand the challenges of our time and that are resilient against malevolent attempts to undermine the UN Charter.

    Action – implementation and follow-up – must be our approach as we look forward and take stock of the Summit of the Future and the Pact adopted there.

    The UN Security Council – the body entrusted with the ultimate responsibility to maintain international peace and security – must be effective, transparent and accountable.

    Sweden supports a balanced expansion of the Security Council to better reflect current global political and economic realities. This can be achieved by such means as adding new permanent and non-permanent seats, including for African countries.

    Sweden also supports the ongoing reform processes in multilateral development banks to increase the effectiveness and scale of financing to achieve the Sustainable Development Goals and implement the Paris Agreement.

    Another area where strengthened global governance is essential is outer space. Modern societies are becoming more and more dependent on space services and the space environment is becoming increasingly congested and contested.

    Sweden is strongly committed to preventing an arms race in outer space and safeguarding the use of space for peaceful purposes. This includes all states’ full compliance with existing international law, including the Outer Space Treaty. We will continue to promote the development of norms and rules for responsible behaviour in space.

    Together with Zambia, Sweden is proud to have co-facilitated the Global Digital Compact. Through this framework, all Member States have committed to strengthen international cooperation to close digital divides between and within countries and to establish the governance required for a sustainable digital future, including on Artificial Intelligence.

    Rest assured, Sweden will continue to fulfil its responsibility and be an active, engaged and constructive multilateral actor. We will continue to be a close – and demanding – partner to the UN. We will constructively demand more.

    More efficiency, more coherence, more impact, more innovation. This is how we will achieve our shared ambitions for the future, together.

    Mr President,

    This is a moment of major existential challenges. But we must not allow anything to stop us from defending the fundamental principles that form the foundation of this organisation.

    It is true that there are areas where international law needs to be developed to meet new challenges. However, it is equally true that hundreds of millions of people have been lifted out of poverty based on the norms, purposes and principles enshrined in the UN Charter.

    Global health and well-being have reached unprecedented levels. People across the globe are enjoying justice, peace, freedom and prosperity at levels unimaginable to previous generations.

    It is a legacy to be proud of. One that we must all do everything we can to uphold.

    Thank you.

    MIL OSI Europe News

  • MIL-OSI Europe: Joint Statement on Ukraine Energy Sector Support

    Source: Government of Sweden

    We, the G7+ Ministerial Group, met on the margins of the 79th Session of the United Nations General Assembly to reaffirm our unwavering support for Ukraine in the face of Russia’s brutal and unjust attacks on Ukraine and it’s energy infrastructure.

    We reaffirm our strong commitment to the territorial integrity, independence, and sovereignty of Ukraine within its internationally recognized borders and to focus on the key priorities needed to achieve a comprehensive, just, and lasting peace based on international law, including the UN Charter and its principles.

    We strongly condemn Russia’s continuous missile and drone strikes against Ukraine’s energy infrastructure and cities across Ukraine, which have escalated since March 2024 and severely threaten Ukraine’s energy security and the Ukrainian people’s access to critical services including electricity, heat, and water during the cold winter months, which could be the harshest for Ukraine since at least its independence. We highlight the regional implications of such attacks, notably on the Republic of Moldova’s energy security. Russia must end its war of aggression and pay for the damage it has caused.

    We recommit to supporting Ukraine’s immediate, medium, and long-term recovery and reconstruction in line with its path towards the EU and to work to involve our private sectors and local governments in the sustainable economic and social recovery of Ukraine. We welcome and underscore the significance of Ukraine’s commitment to business-enabling reforms that will establish a level playing field for investment in the energy sector. We stress the importance of the implementation of the National Energy and Climate Plan and the monitoring of this process. We will continue to support efforts of the Ukrainian government and people in these endeavors.

    We stress the importance of implementation of energy sector reforms in line with the EU accession path and fulfilling obligations under the Energy Community Treaty, including OECD-compliant corporate governance standards. This is especially crucial ahead of the winter, given the scale of repairs and new energy infrastructure needs.

    We acknowledge the need for international assistance to protect energy infrastructure from attacks, including through the strengthening of Ukraine’s air defense capabilities by the committed countries, and reaffirm our readiness to continue providing such assistance.

    We condemn Russia’s seizure and continued control and militarization of Ukraine’s Zaporizhzhia Nuclear Power Plant, which threatens energy security. We emphasize that any use of nuclear energy and nuclear installations must be safe, secured, safe-guarded, and environmentally sound. With reference to the UNGA resolution from 11 July on “Safety and security of nuclear facilities of Ukraine, including the Zaporizhzhia Nuclear Power Plant” we stress that Zaporizhzhia Nuclear Power Plant must return to the full sovereign control of Ukraine in line with IAEA principles and under its independent supervision.

    We are convinced that rebuilding Ukraine’s energy system in the short and long term is in the interest of enhancing global energy security and sustainability.

    We welcome further commitments to provide funding and in-kind support to address the Ukrainian energy sector’s most urgent needs, including repairs of damaged power plants and district heating systems, deployment of new, distributed power generation, emergency backup power for critical services, and passive protection for energy infrastructure. We call on the global community to urgently strengthen efforts in that regard and provide Ukraine with all assistance needed.

    We underline the important work of international partners, banks, and the Energy Community’s “Ukraine Energy Support Fund” in this regard. We call upon international partners to elevate their financial contributions, in particular to the latter fund in order to improve Ukraine’s resilience next winter.

    Based on the work of the Working Group on Energy Security and the outcomes of the First Global Peace Summit held on 15-16 June 2024 in Bürgenstock, Switzerland, as well as the results of a productive and constructive dialogue at the Energy Security Conference held on 22 August 2024, we reaffirm our unwavering commitment to achieving a comprehensive, just, and lasting peace for Ukraine.

    Based upon the Japan-Ukraine Conference for the Promotion of Economic Growth and Reconstruction in Tokyo, the 2024 Ukraine Recovery Conference (URC) in Berlin and looking ahead to the November 2024 UN Climate Change Conference (COP29) and the 2025 URC in Italy, we are committed to continue supporting immediate needs and Ukraine’s vision of a more decentralized, diversified, resilient, and renewable/sustainable energy system that is fully integrated with Europe.

    MIL OSI Europe News

  • MIL-OSI Security: UPDATE: Three charged in connection with murder of Joshua McLean in Tower Hamlets

    Source: United Kingdom London Metropolitan Police

    Detectives investigating the murder of a man in Tower Hamlets have charged three men.

    Joshua McLean, 31, was fatally shot at about 20:27hrs on Tuesday, 6 August in Weavers Fields, Wilmot Street, E2.

    On Wednesday, 25 September, detectives from the Met’s Specialist Crime Command arrested eight males – all aged between 17 and 56 – on suspicion of murder.

    Three have been charged with murder. They are:

    [A] Nefur Miah, 36 (06.04.88), of Redmans Road E1; [B] Muhammed Ismail Ali, 37 (02.10.87), of Marlborough Road RM7; and [C] Simeon Oliver-Stewart, 30 (15.01.94), of Clevedon Close N16.

    They are all due to appear at Thames Magistrates Court today, Friday, 27 September.

    The remaining five males [D], [E], [F], [G] and [H] who were arrested have all been released on bail.

    Joshua’s family have been informed.

    Anyone with information is asked to contact the police via 101, quoting reference CAD 7454/06AUG.

    Information, images or footage can also be provided on a portal via https://mipp.police.uk/operation/01MPS24W82-PO1

    To remain anonymous, contact the independent charity Crimestoppers on 0800 555 111 or visit crimestoppers-uk.org.

    MIL Security OSI

  • MIL-OSI: Sampo plc’s share buybacks 26 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 27 September 2024 at 8:30 am EEST

    Sampo plc’s share buybacks 26 September 2024

    On 26 September 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                

    Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)
      4,680 41.97 AQEU        
      41,502 41.99 CEUX
      598 41.95 TQEX
      43,143 41.97 XHEL
    TOTAL 89,923 41.98  

    *rounded to two decimals                

    On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of Sampo plc resolved to increase the share buyback programme to EUR 475 million. The programme, which started on 18 June 2024, is based on the authorisation granted by Sampo’s Annual General Meeting on 25 April 2024.

    After the disclosed transactions, the company owns in total 7,493,490 Sampo A shares representing 1.36 per cent of the total number of shares in Sampo plc, taking the issuance of shares on 16 September 2024 into account.

    Details of each transaction are included as an appendix of this announcement.

    On behalf of Sampo plc,
    Morgan Stanley

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    The principal media
    FIN-FSA
    DEN-FSA
    http://www.sampo.com

    Attachment

    The MIL Network

  • MIL-OSI Asia-Pac: Secretary for Health calls on Hong Kong and Macao Affairs Office of State Council and National Medical Products Administration (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Health, Professor Lo Chung-mau, and his delegation conducted the last day of their visit to Beijing today (September 27), and called on the Hong Kong and Macao Affairs Office of the State Council (HKMAO) and the National Medical Products Administration (NMPA).     The delegation called on the Executive Deputy Director of the HKMAO of the State Council, Mr Zhou Ji, this morning. Professor Lo expressed gratitude to the HKMAO for its continuous support and trust in the work of the Health Bureau (HHB), and introduced to Mr Zhou the latest developments of various healthcare reform initiatives in Hong Kong, including the initial achievements in the area of health and medical innovation.     Professor Lo said, “The Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC Central Committee) adopted the Resolution of the CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization, and Deepening the Medical and Health System Reform was identified as one of the key tasks. It is essential for Hong Kong to press ahead with reform and innovation in the healthcare system to cater for the mounting service demand of society posed by an ageing population.     “The HHB will stay committed to implementing the spirit of the Third Plenary Session of the 20th CPC Central Committee and reform the healthcare system in a progressive manner. We have been progressively implementing the Primary Healthcare Blueprint and developing new healthcare services and management models to promote primary healthcare development on all fronts. We have enhanced the mechanism of healthcare professional training and created new pathways for admitting non-locally trained healthcare personnel to practise in Hong Kong so as to strengthen the healthcare manpower supply, and made every effort to formulate the Chinese Medicine Development Blueprint in collaboration with the Chinese medicine sector to promote the inheritance and innovation of Chinese medicine, etc. At the same time, we will give full play to the medical strengths of Hong Kong and complement the advantages of other cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to vigorously develop new quality productive forces in biomedicine according to local conditions, with a view to developing Hong Kong into an international health and medical innovation hub.”     “The HHB will adhere to the objectives of ‘Government dominating; be bold and committed; improving the healthcare system; caring for all patients; be creative and innovative; leading the GBA; seeking common ground while allowing differences; and winning mutually in the reforms’, and make breakthroughs and changes through an innovative mindset, so as to build a ‘Healthy Hong Kong’ for integration into the nation’s ‘Healthy China’,” he emphasised.     Professor Lo and his delegation then met with Deputy Commissioner of the NMPA Mr Zhao Junning to exchange views on fostering closer collaboration between the Mainland and Hong Kong in key areas such as the regulatory and approval of drugs and medical devices, cross-boundary clinical trials, and real-world data research.     Professor Lo highlighted the efforts to develop Hong Kong into an international health and medical innovation hub, and establish an authority that registers drugs and medical devices under the “primary evaluation” approach in the long run.     He said, “The Hong Kong Special Administrative Region (HKSAR) Government will leverage the city’s medical strengths in a more proactive and efficient manner. The Greater Bay Area International Clinical Trial Institute established by the HHB in the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone and the Greater Bay Area International Clinical Trial Centre in the Shenzhen Park will jointly set up a regional clinical trial collaboration platform leveraging the GBA population base of over 86 million, with a view to attracting more local, Mainland and overseas pharmaceutical and medical device enterprises to conduct research and development (R&D) as well as clinical trials in Hong Kong, and build up the capacity, recognition and status to ensure that the eventual approval mechanism of drugs and medical devices in Hong Kong would be widely recognised internationally and by the Mainland.     The HKSAR Government implemented the new “1+” mechanism for approval of new drugs (“1+” mechanism) on November 1 last year. Since the implementation of the “1+” mechanism, the Department of Health (DH) has received over 250 enquiries from more than 70 pharmaceutical companies, including many overseas and Mainland pharmaceutical companies, and has approved five new drug applications under this mechanism, bringing new hope to patients. The “1+” mechanism has effectively accelerated the R&D and registration and approval of innovative drugs and medical devices in Hong Kong, bringing the benefits of good drugs and R&D to Hong Kong patients. At the same time, the HKSAR Government established the Preparatory Office for the Hong Kong Centre for Medical Products Regulation (CMPR) under the DH on June 5 this year to comprehensively study and plan a regulatory and approval regime for drugs and medical devices suitable for Hong Kong, as well as put forward proposals and steps for the establishment of the CMPR.     Members of the delegation include the Director of Health, Dr Ronald Lam; Deputy Secretary for Health Mr Sam Hui; the Chairman of the Hospital Authority (HA), Mr Henry Fan; and the Chief Executive of the HA, Dr Tony Ko. They will return to Hong Kong tonight.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Fixed penalties payment made easier

    Source: Hong Kong Information Services

    Starting from September 30, citizens can settle fixed penalties of public cleanliness and obstruction offences by using the Faster Payment System or paying through bank automated teller machines (ATMs) marked with the “JET Payment” logo, the Government announced today.
     
    Currently, members of the public can settle such fixed penalties through online banking, PPS, telephone banking, ATMs that support Electronic Teller Card services, etc.
     
    To facilitate the payment, the Secretary for Environment & Ecology, empowered under section 17A of the Fixed Penalty (Public Cleanliness & Obstruction) Ordinance, has revised the format of the relevant fixed penalty notices, adding the two new electronic payment methods.
     
    Amendments to the relevant notices were published in the Government Gazette today.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Tourist flow to Moscow exceeds 2019 record figures — Sergei Sobyanin

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The trend of increasing tourist flow to the capital continues. In the first six months of this year, Moscow received 12.2 million guests, which is six percent more than in the same period of 2019. This was reported by Sergei Sobyanin in his blog.

    “The absolute majority of tourists are our compatriots from other regions of Russia. Most often, people come to Moscow for vacation or holiday from St. Petersburg, Krasnodar Krai, Vladimir, Rostov, Tula regions,” the Mayor of Moscow noted.

    The average occupancy rate of hotels increased by 75 percent, which is 10 percent higher than the first half of 2023 and three percent higher than the first half of 2019. At the same time, the number of places to accommodate guests is also growing: five hotels with 507 rooms have opened since the beginning of the year.

    The contribution of tourism to the city’s economy is steadily growing. The volume of tourist and excursion consumption reached 650 billion rubles, of which budget revenues are estimated at 89 billion rubles. Both figures are a third higher than similar figures for 2019.

    Tourism growth is the result comprehensive support for the industry and close cooperation between the city and business.

    The majority of tourist traffic occurs during the May holidays and the summer vacation and holiday season.

    In the summer, 7.4 million tourists vacationed in Moscow. The average hotel occupancy rate was 78 percent, which is six percent more than the year before.

    At the same time, domestic tourism figures are also growing. This year, the capital was visited by 6.7 million people, which is 12 percent higher than the peak figures of the summer of 2019.

    Although the majority of travelers are Russians, every fifth guest at Moscow hotels this summer is a foreigner.

    The summer period brought 54.5 billion rubles to the city budget, and the volume of tourist and excursion consumption amounted to 398.1 billion rubles.

    The capital’s guests were especially fond of summer festivals, such as “Territory of the Future. Moscow 2030” and “Summer in Moscow. Everybody out on the streets!”

    Sergei Sobyanin: More than 12 million people visited the forum-festival “Moscow 2030”

    The United Arab Emirates Culture Days, which took place this summer on Manezhnaya Square, attracted over 300,000 people in five days. Visitors enjoyed fashion shows accompanied by traditional music, tried popular national dishes, and learned about unusual crafts. At the site, one could become a guest of a wedding show or see oriental landscapes at an open-air photo exhibition.

    The Moscow Estates Festival was held for the third time and became a record-breaker both in duration and scale. The number of visitors exceeded 700 thousand – this is 1.6 times more than in the two previous seasons combined.

    More than three thousand events took place: masquerades, theatrical performances, symphonic music concerts and musicals in the scenery of old estates, historical picnics, outdoor games of gorodki, badminton and serso.

    The festival brought together 40 estates in the capital.

    “We have managed to form a new weekend culture among Muscovites and tourists: the number of visitors to some estates has increased several times compared to the same period last year,” added Sergei Sobyanin.

    Post stations where you could sign a postcard with a quill pen were popular. From there, tourists sent over 65 thousand such messages to different cities in Russia.

    Almost every second guest of the festival visited the pavilions of the “City Dacha”, 255 liters of jam were cooked from seasonal berries.

    This season of “Moscow Tea Party” guests tried and chose the tea blend that is most associated with Moscow. Now golden-amber black tea with the taste of black and red currants, strawberries, with the addition of cornflower petals, safflower, rosebuds and orange slices can be purchased in the capital’s coffee shops.

    The real discovery was the iced Moscow tea. Restaurants and cafes presented more than 800 types of the soft drink, and also offered unique recipes. Muscovites and tourists drank about 50 thousand liters of iced tea.

    More than 500 events took place on Tverskaya Square, the festival’s flagship venue. They were attended by over 400,000 people. The most popular were thematic theatrical performances, musical talks, and interactive lectures related to tea culture, which were accompanied by useful master classes.

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

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

    https://vvv.mos.ru/major/themes/11815050/

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

    MIL OSI Russia News

  • MIL-Evening Report: Australia may be facing another La Niña summer. We’ve found a way to predict them earlier, to help us prepare

    Source: The Conversation (Au and NZ) – By Mandy Freund, Lecturer, Climate Science Geography, The University of Melbourne

    Meteorologists are again predicting a possible La Niña this summer, which means Australia may face wetter and cooler conditions than normal.

    It would be the fourth La Niña in Australia in five years, and highlights the need for Australians to prepare for what may be an extreme weather season.

    Typically, a La Niña or its counterpart, El Niño, signals its arrival earlier in the year. Signs of this potential La Niña are emerging fairly late. That’s where new research by my colleagues and I may help in future.

    La Niña and El Niño explained

    La Niña and its opposite phase, El Niño, are created by changes in ocean temperatures in the Pacific Ocean’s equatorial region. Together, the two phenomena are known as the El Niño Southern Oscillation.

    The oscillation is said to be in the positive phase during an El Niño and the negative phase during a La Niña. When sitting between the two, the cycle is in neutral phase.

    Earlier this month, the World Meteorological Organization said there was a 60% chance of La Niña conditions emerging by year’s end.

    In the United States, the National Oceanic and Atmospheric Administration put the likelihood at 71%. Australia’s Bureau of Meteorology is in “watch” mode, predicting a 50% chance of a La Niña weather pattern forming later this year.

    La Niña occurs when strengthening winds change currents on the ocean surface, pulling cool water up from the deep.

    The winds also cause warm surface waters in the western Pacific and north of Australia, bringing increased rainfall and clouds. This usually means above-average rainfall and cooler temperatures for Australia, particularly in the east and north.

    Conversely, an El Niño weather pattern generally brings hotter temperatures across Australia, and less rainfall in the east and north.

    The Bureau of Meteorology is in La Niña ‘watch mode’.
    Bureau of Meteorology

    Paths of destruction

    La Niña or El Niño events can cause devastation around the world.

    The El Niño in 2015–16, for example, caused crops to fail and affected the food security and nutrition of almost 60 million people globally.

    In Australia, El Niño events can bring increased risk of drought, bushfires and heatwaves, and water shortages.

    Meanwhile, rainfall associated with La Niña conditions can lead to greater crop yield. But particularly heavy rainfall can wash crops away. It also heightens flood risks for some communities.

    These far-reaching impacts mean it’s essential to plan ahead when a La Niña or El Niño is on the cards. But predicting these events has always been tricky.

    Both types of events usually develop in the Southern Hemisphere autumn, peak in late spring or summer, and weaken by the next autumn. But it’s now late spring without a clear La Niña declaration. Why the delay?

    Climate change is one factor. The Bureau of Meteorology says as oceans absorb heat from global warming, it’s harder to spot the specific warming patterns linked to La Niña.

    The sheer complexity of the ocean-atmosphere system adds to the difficulty. The computer models used to predict El Niño and La Niña are improving all the time.
    But scientists still need more information on deep ocean processes, and how winds affect the oscillation.

    Predictions are hardest during the Southern Hemisphere’s autumn. That’s because the cycle then is very susceptible to change – teetering at a point where either a La Niña or El Niño could develop.

    That’s why the earliest an El Niño or La Niña can be predicted is usually around May or June.

    But new research offers a way to predict the events much earlier – and start preparing if necessary.

    Better, earlier forecasts

    The study, which I led, assessed the likelihood of La Niña or El Niño events occurring in succession – either in the eastern or central region of the Pacific Ocean.

    This distinction is important. For Australia, El Niño and La Niña events peaking in the Central Pacific, close to our continent, have greater impacts here compared to those peaking in the east, closer to South America.

    We analysed weather observations, and the sequence of past El Niño and La Niña events, over the past 150 years. We also examined climate models for future changes in transitions between El Niño and La Niña events.

    From this, we determined the likelihood of an El Niño or La Niña occurring in two consecutive years.

    We found most El Niño events are followed by neutral conditions the next year (with a likelihood of 37–56%).

    But La Niña behaves differently. In 40% of cases, a Central Pacific El Niño could follow an Eastern Pacific La Niña. And there is a 28% chance of two consecutive La Niña events in the Central Pacific.

    These results allow for more advanced predictions. By identifying patterns in this way, the odds of an El Niño or La Niña can be predicted up to a year in advance.

    El Niño or La Niña are the result of complex interactions between winds and sea in the Pacific Ocean.
    Shutterstock

    Looking ahead

    So, what does our research suggest for Australia? Will a La Niña develop here this year?

    From September last year, Australia experienced a strong Eastern Pacific El Niño. So our findings suggest there is only a 17% chance of La Niña this year.

    If the La Niña arrives, it will likely peak in the Central Pacific, potentially affecting Australia rainfall. But overall, any La Niña that develops this late is likely to be weak and relatively short-lived.

    Our research also found that as climate change accelerates, the El Niño Southern Oscillation is likely to shift. For example, the odds of two consecutive El Niños peaking in the central Pacific region will likely increase. And we can expect fewer calm, neutral years between events.

    We hope our research enables more accurate, long-range forecasts, giving communities additional time to plan and prepare.

    Mandy Freund receives funding from the ARC Centre of Excellence for 21st Century Weather

    ref. Australia may be facing another La Niña summer. We’ve found a way to predict them earlier, to help us prepare – https://theconversation.com/australia-may-be-facing-another-la-nina-summer-weve-found-a-way-to-predict-them-earlier-to-help-us-prepare-239826

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Reappeal: Detectives seek driver of white hatchback

    Source: South Australia Police

    Major Crime Detectives continue to investigate the circumstances surrounding the murder of a man in Seaton earlier this month.

    About 10.20pm on Tuesday 10 September, emergency services were called to Carey Avenue after reports a man had been stabbed in the stomach.

    Ambulance officers assisted the man however he died at the scene.

    The victim is a 19-year-old from the address.

    On Friday 13 September, Major Crime Detectives arrested a 19-year-old man from the Eastern suburbs and charged him with murder.

    CCTV footage seized from a neighbouring property shows a white hatchback passing the scene immediately following the murder. The car travels slowly west on Carey Avenue, appearing to pause outside of 38 Carey Avenue and then turn right to travel north along Fidock Avenue.

    The vehicle, pictured below, is similar in size and shape to a Hyundai i30 or a Toyota Corolla hatchback.

    Major Crime Detectives would like to speak to the driver of the white hatchback, as it is believed they may be able to assist with the investigation.  The driver is asked to contact Crime Stoppers on 1800 333 000.

    MIL OSI News

  • MIL-OSI Asia-Pac: Stand News case sentencing set

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government said that justice was upheld in the District Court’s sentencing of three defendants in a case of “conspiracy to publish and/or reproduce seditious publication”.
     
    The court handed down its sentence today, following the conviction of three defendants on August 29.
     
    In a statement, the Hong Kong SAR Government explained that the court has held earlier that Chung Pui-kuen and Lam Shiu-tung, while holding chief editorial positions at Stand News, had knowledge and approved of the seditious intent of the articles, providing Stand News as a publishing platform for inciting hatred against the central authorities and the Hong Kong SAR Government, as well as hatred against the administration of justice.
     
    It added that the reasons for the verdict by the court have pointed out clearly that the ideology of Stand News was localism which excluded China, and that it even became a tool to smear and vilify the central authorities and the Hong Kong SAR Government during the movement of opposition to the proposed legislative amendments.
     
    The court found that the relevant articles, without any objective basis, attacked the relevant law and procedures; and relevant law enforcement and prosecutorial process; spread hatred and anti-government sentiment with disinformation; attacked law enforcement by Police and glorified the behaviour of rioters – in other words, they were not based on facts.
     
    The statement noted that to distort acts of inciting hatred as “journalism” is a complete reversal of right and wrong.
     
    According to Schedule 3 of the Implementation Rules of Article 43 of the Hong Kong National Security Law, the Department of Justice has made an application to the court for a confiscation order to confiscate the proceeds of the relevant crime.
     
    The department will continue to handle subsequent procedures in accordance with the law, the statement added.
     
    It also pointed out that the court stated in its reasons for sentence that at the time of the offence, the three defendants were not engaging themselves in genuine journalistic work but were participating in the so-called protest at the time.
     
    From the editorial of Stand News and News Stand, it is evident that they sided with the protesters against the Government. The crimes committed by the three defendants are very serious, it emphasised.
     
    The reasons for sentence also pointed out that, given Stand News had approximately 1.6 million followers, the seditious articles involved have undoubtedly caused significant harm to both the central government and Hong Kong SAR Government as well as the residents, although it is difficult to quantify, the statement noted.
     
    It added that the reasons for sentence indicated that, due to the severity of the offences, imprisonment is the only appropriate sentencing option.
     
    Regarding the length of the sentence, the maximum penalty is two years’ imprisonment.
     
    The Hong Kong SAR Government noted that this maximum penalty is completely disproportionate to the severity of the offences.
     
    According to the existing Safeguarding National Security Ordinance, the maximum penalty for the crime of sedition is seven years’ imprisonment.
     
    Based on Chung Pui-kuen’s culpability, a starting point of 23 months’ imprisonment was adopted, and a sentence of 21 months was passed.
     
    For Lam Siu-tung, a starting point of 14 months’ imprisonment was adopted but due to the potential risk to his life if sent to prison, a sentence was imposed that allows for his immediate release.
     
    The statement revealed that following the verdict in this case, some people have expressed concerns about freedom of the press and speech in Hong Kong.
     
    It added that some foreign media or other people with ulterior motives, as well as anti-China organisations and anti-China politicians, made untruthful and purely political remarks smearing the Hong Kong SAR.
     
    The Hong Kong SAR Government made it clear that it has made clarifications and rebuttals many times to set the record straight.
     
    It indicated that, as demonstrated in the court’s reasons for its verdict, Stand News completely disregarded objective facts and contravened the “special duties and responsibilities” which journalists must observe under international human rights conventions.
     
    It also mentioned that the Basic Law and the Hong Kong Bill of Rights guarantee fundamental rights such as the freedom of expression, peaceful assembly, procession and demonstration.
     
    Members of the public, including journalists, in Hong Kong are, as always, free to make comments or criticisms that are based on facts, and to enjoy and exercise freedoms of the press and of speech in accordance with the law, without fear of unwittingly violating the law.
     
    In addition, the statement indicated that it is the constitutional duty of the Hong Kong SAR to safeguard national security.
     
    In this regard, the Hong Kong SAR Government will ensure that laws are observed and continue to enforce the law resolutely, decisively and rigorously with a view to effectively preventing, suppressing and imposing punishment for acts and activities endangering national security with all-out efforts.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Media Release: Exploration exit a blow to Victoria’s energy security as gas supply dwindles – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Media Release: Exploration exit a blow to Victoria’s energy security as gas supply dwindles – Australian Energy Producers

    A global exploration company’s decision to cease its search for new gas supply in Victoria’s Otway Basin is a major blow to the state’s energy security and will compound looming gas shortfalls in eastern Australia. 

    Australian Energy Producers Chief Executive Samantha McCulloch said the announcement from seismic surveyor TGS highlighted the increasingly difficult regulatory and investment environment in Australia, particularly in Victoria where new gas supply is most needed.  

    “Victoria is facing gas supply shortfalls from 2027 and already came close to running out of gas during peak periods this winter,” Ms McCulloch said.

    “With Victorian gas production declining rapidly, immediate action is needed to find and develop the new gas supplies so crucial to eastern Australian homes and businesses.  

    “Instead, we are seeing increased regulation, long delays to project approvals, and the continued demonisation of gas by the Victorian Government, including the recent decision to force all households to replace gas appliances with electric ones.

    This is scaring off investment and delaying urgently needed new gas supply which will only increase the risk of blackouts, disruptions and higher energy bills.” 

    “Decision-makers must recognise that capital is global and mobile, and Australia is fast losing out to other countries that are actively supporting investment.”  

    Ms McCulloch said the Federal Government’s granting of two production licenses today to Beach Energy  offshore of Victoria was a welcome step to boost domestic energy security, but more supply will be needed. 

    The Australian Competition and Consumer Commission’s latest quarterly gas inquiry report, released today, shows eastern Australia faces peak period gas shortfalls from next year, and structural shortfalls from 2027.

    “The ACCC recognises the efforts of industry to ensure that additional gas is available during periods of peak demand,” Ms McCulloch said.

    “But without further exploration and development, future gas shortfalls are almost inevitable.”  

    Ms McCulloch said activists targeting TGS’ planned seismic surveys were at odds with the science and misrepresented a proven technology.

    “Seismic surveys are a safe and essential technology used in Australia and around the world for more than 60 years. It is the same technology used by the offshore wind industry, and the independent national regulator NOPSEMA has found seismic surveys to be safe for the marine environment,” she said. 

    “The Greens and activists want to stop all new gas developments, with no regard for the devastating impact on Australia’s economy and energy security.

    “A recent independent report by EnergyQuest found the Greens’ policy to ban new gas investment would trigger ‘major economic disruption’ on both coasts of Australia, leading to a high risk of blackouts, manufacturers closing and inevitably higher energy prices in a decade.” 

    MIL OSI Economics

  • MIL-OSI United Nations: Secretary-General’s message on World Tourism Day: “Tourism and Peace” [scroll down for French version]

    Source: United Nations

    Tourism brings people together.

    On this World Tourism Day, we reflect on the profound connection between tourism and peace.  

    Sustainable tourism can transform communities – creating jobs, fostering inclusion and strengthening local economies.

    By valuing and preserving cultural and natural heritage, it can help reduce tensions and nurture peaceful coexistence.  

    Tourism can also promote economic interdependence between neighbours, encouraging cooperation and peaceful development.

    At the same time, tourism broadens horizons.  Every traveller can be an ambassador, engaging respectfully with local populations, recognizing our diversity and shared humanity, and the values that unite us all.

    As we celebrate tourism, let us travel responsibly, build bridges, and promote mutual respect among cultures and nations.

    Together, we can harness the power of tourism to advance peace and prosperity for all.

    ***
    Le tourisme rapproche les peuples.

    La Journée mondiale du tourisme que nous célébrons aujourd’hui est l’occasion de réfléchir au lien profond qui unit le tourisme et la paix.

    Le tourisme durable peut transformer les communautés : il crée des emplois, favorise l’inclusion et renforce les économies locales.

    En conférant de la valeur au patrimoine culturel et naturel, qu’il contribue à préserver, il peut aider à réduire les tensions et à favoriser la coexistence pacifique.

    Il peut également favoriser l’interdépendance économique entre voisins, et ainsi encourager la coopération et le développement pacifique.

    Le tourisme, par ailleurs, élargit les horizons. Toute personne qui voyage peut devenir ambassadrice, interagissant avec respect avec les populations locales, constatant notre diversité, notre humanité commune, ainsi que les valeurs qui nous unissent toutes et tous.

    Alors que nous célébrons le tourisme, appliquons-nous à voyager de manière responsable, à établir des ponts et à promouvoir le respect mutuel entre les cultures et les nations.

    Ensemble, nous pouvons utiliser le pouvoir du tourisme pour faire progresser la paix et la prospérité pour toutes et tous.

    ***
     

    MIL OSI United Nations News

  • MIL-OSI Africa: Secretary-General’s message on World Tourism Day: “Tourism and Peace” [scroll down for French version]

    Source: United Nations – English

    ourism brings people together.

    On this World Tourism Day, we reflect on the profound connection between tourism and peace.  

    Sustainable tourism can transform communities – creating jobs, fostering inclusion and strengthening local economies.

    By valuing and preserving cultural and natural heritage, it can help reduce tensions and nurture peaceful coexistence.  

    Tourism can also promote economic interdependence between neighbours, encouraging cooperation and peaceful development.

    At the same time, tourism broadens horizons.  Every traveller can be an ambassador, engaging respectfully with local populations, recognizing our diversity and shared humanity, and the values that unite us all.

    As we celebrate tourism, let us travel responsibly, build bridges, and promote mutual respect among cultures and nations.

    Together, we can harness the power of tourism to advance peace and prosperity for all.

    ***
    Le tourisme rapproche les peuples.

    La Journée mondiale du tourisme que nous célébrons aujourd’hui est l’occasion de réfléchir au lien profond qui unit le tourisme et la paix.

    Le tourisme durable peut transformer les communautés : il crée des emplois, favorise l’inclusion et renforce les économies locales.

    En conférant de la valeur au patrimoine culturel et naturel, qu’il contribue à préserver, il peut aider à réduire les tensions et à favoriser la coexistence pacifique.

    Il peut également favoriser l’interdépendance économique entre voisins, et ainsi encourager la coopération et le développement pacifique.

    Le tourisme, par ailleurs, élargit les horizons. Toute personne qui voyage peut devenir ambassadrice, interagissant avec respect avec les populations locales, constatant notre diversité, notre humanité commune, ainsi que les valeurs qui nous unissent toutes et tous.

    Alors que nous célébrons le tourisme, appliquons-nous à voyager de manière responsable, à établir des ponts et à promouvoir le respect mutuel entre les cultures et les nations.

    Ensemble, nous pouvons utiliser le pouvoir du tourisme pour faire progresser la paix et la prospérité pour toutes et tous.

    ***
     

    MIL OSI Africa

  • MIL-OSI Economics: Results of Underwriting Auctions Conducted on September 27, 2024

    Source: Reserve Bank of India

    In the underwriting auctions conducted on September 27, 2024, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    (₹ crore)
    Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate
    (paise per ₹100)
    7.04% GS 2029 12,000 6,006 5,994 12,000 0.03
    7.23% GS 2039 12,000 6,006 5,994 12,000 0.04
    7.09% GS 2054 10,000 5,019 4,981 10,000 0.09
    Auction for the sale of securities will be held on September 27, 2024.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/1169

    MIL OSI Economics

  • MIL-OSI United Nations: Women, Peace, and Security in Cameroon: Bridging gaps for lasting change

    Source: International Organization for Migration (IOM)

    In Cameroon, the pursuit of gender equality in peace and security is gaining momentum, shaped by vital international frameworks. The United Nations Security Council Resolution (UNSCR) 1325, adopted in 2000, stands as a cornerstone of this effort, emphasizing the necessity of women’s participation in peace processes and their protection during conflicts. This commitment is echoed in the 2020 Guidelines on Women, Peace and Security from ECOWAS, which call for member states to adopt comprehensive strategies that promote women’s meaningful involvement in security matters.

    At the national level, the Gender Strategy of the National Committee for Disarmament, Demobilization, and Reintegration of Cameroon (2021-2025) crystallizes this resolve, outlining actionable steps to integrate gender perspectives across various policies. It asserts that “ensuring women’s active participation in peace processes not only enhances the effectiveness of interventions but also addresses the specific needs of women in conflict-affected areas.” Such initiatives align with global development indicators that demonstrate inclusive peace processes yield more sustainable outcomes.

    Regionally, Cameroon is benefiting from initiatives spearheaded by the ECOWAS Peace and Security Architecture, which has made significant strides in promoting women’s roles in conflict resolution. The 2019 ECOWAS Gender Policy emphasizes the necessity of integrating gender considerations into all peace and security efforts, showcasing successful case studies where women’s involvement has led to more robust peace agreements. The 2020 ECOWAS Annual Report further reinforces this commitment, highlighting that the inclusion of women in peacebuilding is now a priority for regional stability, particularly in areas plagued by violence and insecurity.

    The International Organization for Migration (IOM) has been instrumental in advancing the women, peace, and security agenda in Cameroon. Through its PBF-funded project, IOM has initiated transformative actions that empower women in Disarmament, Demobilization, and Reintegration (DDR) processes. A significant achievement of this project was the comprehensive mapping of women’s organizations in the Far North region, ensuring that targeted support reaches those directly engaged in peacebuilding.

    Additionally, the project has successfully structured a network of women’s organizations, which facilitates coordination of activities under the National DDR Committee (CNDDR). This initiative not only amplifies women’s voices in peace and security discussions but also fosters sustainable impact by reinforcing their leadership roles within DDR programming. By creating community dialogue forums, IOM has enhanced mediation and conflict resolution efforts at the grassroots level, ensuring that women’s perspectives are integrated into national and regional reintegration processes.

    Moreover, the initiative has placed a strong emphasis on capacity building. Training programs have equipped women’s organizations and community leaders with essential skills in DDR and gender advocacy, ultimately empowering them to play a more active role in shaping their communities. The focus on combating gender-based violence has also been pivotal, as support services for survivors and awareness-raising campaigns have strengthened community resilience.

    Cameroon’s journey toward integrating women into peace and security frameworks is marked by significant achievements, yet challenges persist. The alignment of international, regional, and national commitments has laid a solid foundation, while the IOM’s contributions have been critical in empowering women and amplifying their roles in peace processes. As these efforts continue to unfold, it is essential that all stakeholders remain committed to ensuring that women’s voices are not only heard but actively shape the future of peace and security in Cameroon.

    ***

    For further information, please contact:

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: Special traffic and transport arrangements for flag-raising ceremonies and fireworks display in celebration of 75th anniversary of founding of People’s Republic of China

    Source: Hong Kong Government special administrative region

    Special traffic and transport arrangements for flag-raising ceremonies and fireworks display in celebration of 75th anniversary of founding of People’s Republic of China
    Special traffic and transport arrangements for flag-raising ceremonies and fireworks display in celebration of 75th anniversary of founding of People’s Republic of China
    ******************************************************************************************

         The Transport Department (TD) today (September 27) reminded the public that the following special traffic and transport arrangements will be implemented in phases on September 30 (Monday) and October 1 (Tuesday) on Hong Kong Island and in Kowloon to facilitate the holding of the flag-raising ceremonies at Wan Chai North, Central and Tin Hau and the fireworks display at Victoria Harbour on October 1 to celebrate the 75th anniversary of the founding of the People’s Republic of China.(I) Flag-raising ceremoniesRoad closures     Road closures and traffic diversions will be implemented in phases in the vicinities of Wan Chai North, Central and Tin Hau from 0.01am on September 30 to 1pm on October 1 until the closed roads reopen to traffic.Public transport service arrangements 

    In connection with the above-mentioned road closure arrangements, CityBus route Nos. 2, 5X, 81, cross-harbour route Nos. 104, 900, 914, 961, A11, H1 and H2K operating in the affected areas will be temporarily diverted, and the associated bus stops of the said roads located within the affected areas will be suspended or relocated; and
    The taxi stand at Expo Drive will be suspended from 0.01am on September 30 to 1pm on October 1, and the cross harbour taxi stand at Harbour Road westbound opposite Harbour Centre will be suspended from 5.30am to 1pm on October 1. 

    (II) Fireworks displayRoad closures     In connection with the holding of the fireworks display at Victoria Harbour at 9pm on October 1, road closures and traffic diversions will be implemented in phases from about 7.30pm in the road sections concerned in Wan Chai, Central District, the Peak and Eastern District on Hong Kong Island. During the period of fireworks display, the section of Island Eastern Corridor westbound between Victoria Park Road and Man Hong Street will be temporarily closed to all vehicular traffic except for franchised buses.       In Kowloon, road closures and traffic diversions will be implemented in phases in the vicinity of Tsim Sha Tsui and West Kowloon Cultural District from about 6pm until the crowds disperse and the roads reopen.     During the road closure period, taxi stands (including taxi pick-up/drop-off points), public light bus stands, roadside parking spaces and private car parks on the roads affected will be suspended.Public transport service arrangements 

    To facilitate the above-mentioned road closure arrangements, the bus and green minibus (GMB) routes operating in the affected areas will be temporarily diverted, and the associated bus and GMB stops located within the affected areas will be suspended or relocated;
    For MTR services, Island Line, South Island Line, Tsuen Wan Line, Kwun Tong Line, East Rail Line (Admiralty – Sheung Shui), Tuen Ma Line (Hung Hum – Tuen Mun and Austin – City One) and Tung Chung Line will be strengthened from 8pm that night;
    The tram service will be strengthened subject to passenger demand;
    Star Ferry, Sun Ferry, Hong Kong and Kowloon Ferry, Discovery Bay Transportation Services, Park Island Transport and Fortune Ferry will gradually adjust and suspend part of their services from 5.20pm on October 1 to facilitate the holding of the fireworks display; and
    For the cross-boundary coach services, the terminus of the short-haul cross-boundary coach service between Wan Chai and Huanggang Port at Exhibition Centre Station Public Transport Interchange will be suspended from about 6.30pm until the roads reopen. A temporary terminus will be provided on Hennessy Road westbound near Southorn Centre. The short-haul cross-boundary coach service between Jordan and Huanggang Port will add a temporary pick-up point at the coach pick-up and drop-off area on Wui Man Road outside Hong Kong West Kowloon Station from about 9pm to 11pm. The en-route stop of this service at China Ferry Terminal Bus Terminus will be suspended from about 8.15pm until the roads reopen. 

    Central to Mid-Levels Escalator and Walkway System service arrangements     The service of the Central to Mid-Levels Escalator and Walkway System will be extended to 2am on October 2.     Due to extensive road closures, the TD anticipates that the traffic along Hong Kong Island North and the vicinity (including Causeway Bay, Wan Chai, Admiralty, Central and the Island Eastern Corridor), the vicinity of Tsim Sha Tsui and West Kowloon Cultural District in Kowloon, and the Cross Harbour Tunnel as well as the Aberdeen Tunnel will become significantly congested. Motorists are advised to avoid driving to these areas affected by the road closures. In case of traffic congestion, motorists should exercise patience and drive with care, and follow the instructions of the Police on site.     Members of the public are advised to make use of public transport services as far as possible to avoid traffic congestion and unnecessary delays. The TD and the Police will closely monitor the traffic situation and implement appropriate measures when necessary. The Police may adjust the traffic arrangements, subject to the prevailing crowd and traffic conditions in the areas. The public should pay attention to the latest traffic news through radio, television or the TD mobile application “HKeMobility”.     For details of the special traffic and public transport arrangements, members of the public may visit the TD’s website (www.td.gov.hk) or its mobile application “HKeMobility”. Passengers may also refer to the passenger notices displayed by the relevant public transport operators.

     
    Ends/Friday, September 27, 2024Issued at HKT 12:45

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Police remembrance ceremonies ‘particularly poignant’

    Source: South Australia Police

    People across the state today paused to honour police officers killed in the line of duty, including South Australia Police’s (SAPOL) Brevet Sergeant Jason Doig PBM LEM.

    Ahead of National Police Remembrance Day on Sunday, many united to pay their respects at locations including SAPOL’s Police Academy, the Riverland’s Banrock Station and at Mount Gambier and Port Pirie police stations.

    Observed on 29 September each year, the national day provides an opportunity to acknowledge the dangers of policing. This year recognises the 62 dedicated SAPOL members and those from other Australian and South West Pacific police jurisdictions who have made the ultimate sacrifice when protecting the community.

    Commissioner of Police Grant Stevens APM LEM attended the National Police Remembrance Day memorial service in Canberra, where Brevet Sergeant Doig’s name was added to the National Police Memorial.

    “This year’s remembrance is particularly poignant as we reflect on the life of Brevet Sergeant Jason Doig who died in the line of duty last November after being shot by an armed offender at Senior,” Commissioner Stevens said.

    “Brevet Sergeant Doig served his community with distinction, displaying honour and courage in performing his duties while knowing the risks his job entailed.

    “The profound outpouring of grief across South Australia Police and throughout the South Australian community, highlighted the esteem in which Brevet Sergeant Doig was held.”

    Brevet Sergeant Doig’s family attended a private ceremony on 5 September 2024 to unveil his plaque on the Wall of Remembrance at SAPOL’s Academy. At this ceremony, Brevet Sergeant Doig was also posthumously awarded the South Australia Police Bravery Medal and Leadership and Efficiency Medal, adding to other accolades.

    Commissioner Stevens recognised the commitment of all police officers, past and present.

    “National Police Remembrance Day provides a valuable opportunity to reflect upon those who serve and those who have fallen, recalling their unquestionable dedication to our profession and our community at large,” he added.

    “While our people on the frontline of operational policing face the inherent dangers of the profession, it takes commitment and support from all members of the organisation to ensure the South Australian community receives the best possible service.”

    SA Governor Her Excellency, the Honourable Frances Adamson AC joined Deputy Commissioner Linda Williams APM, Minister of Police Dan Cregan, and other dignitaries at SAPOL’s academy this morning to pay their respects at the wall of remembrance. A riderless horse also formed part of the commemoration.

    Minister for Police Dan Cregan said the day is a reminder of the bravery shown by South Australian Police.

    “Every officer deserves the right to come home and we must never forget those on the frontline who put themselves in danger to keep our community safe,” Minister Cregan said.

    “Brevet Sergeant Jason Doig paid the ultimate price for doing his job and this is a solemn occasion to pay tribute to the courage, commitment and dedication of police.”

    In further acknowledgement, on Sunday several venues and locations across metropolitan Adelaide will light up in blue and white police chequering, including Adelaide Oval’s southern stand, Riverbank precinct footbridge, Adelaide Convention Centre, Adelaide Town Hall, and the O-Bahn tunnel. SAPOL’s police headquarters on Angas Street will also light up from tonight (Friday) through to Sunday.

    Breakout

    This year we remember: South Australia Police: Brevet Sergeant Jason Christopher Doig who died on the 17November 2023 after being shot at Senior in the South East.

    New South Wales Police:Sergeant Peter Thomas Stone who drowned on the 1 January 2023 while attempting to rescue his son.

    We also commemorate another addition to this year’s honour roll: Western Australia Police: Senior Constable Glenn Murray who died on the 6 December 2022 after receiving serious injuries in a car accident.

    We also acknowledge two historical additions to the National Police Memorial: Northern Territory Police: Mounted Constable Thomas Edward McNulty who died on the 28 November 1917 from drowning after falling overboard from the ‘Albatross’. Mounted Constable Arthur Robinson Clapp who died on the 5November 1927 from a gunshot wound to the leg after seizing a pistol and securing it in his belt.

    Caption: The National Carillon building in Canberra lit up as a tribute to Brevet Sergeant Jason Doig.

    SA Governor Her Excellency, the Honourable Frances Adamson AC with Deputy Commissioner of Police Linda Williams APM at the Police Academy’s service on Friday 27 September.

    MIL OSI News

  • MIL-OSI Asia-Pac: Tenders invited for improvement works of Fanling Highway (Pak Shek Au Portion) and associated works at Kwu Tung North New Development Area

    Source: Hong Kong Government special administrative region

    Tenders invited for improvement works of Fanling Highway (Pak Shek Au Portion) and associated works at Kwu Tung North New Development Area
    Tenders invited for improvement works of Fanling Highway (Pak Shek Au Portion) and associated works at Kwu Tung North New Development Area
    ******************************************************************************************

         The Civil Engineering and Development Department (CEDD) today (September 27) gazetted a notice to invite tenders for the contract for Kwu Tung North New Development Area, Remaining Phase: Improvement Works of Fanling Highway (Pak Shek Au Portion) and Associated Works (Contract No. ND/2024/05). The closing time for the tender is noon on December 6.           The works mainly include:

    site clearance and formation (including land decontamination works);
    widening of Fanling Highway (Chau Tau to Pak Shek Au Portion);
    modification of Castle Peak Road (Chau Tau Portion);
    construction of Pak Shek Au Interchange;
    modification of Pak Shek Au Bridge across Fanling Highway;
    construction of footbridge across Fanling Highway (Pak Shek Au Portion);
    extension of existing subways Nos. NS161 and NS161A;
    construction of associated works including water mains, drainage, retention tanks, sewerage works, roadworks, cycle tracks, footpaths, junction improvement, box culverts, slope works, retaining walls, street furniture, landscaping works, electrical and mechanical works and other ancillary works; and
    implementation of environmental mitigation measures (including noise barriers and low-noise road surfacing) and environmental monitoring works for the works mentioned above.

          The works are scheduled to commence in April 2025 and will take about 62 months to complete.           The CEDD has commissioned AECOM Asia Company Limited to design and supervise the works. Interested contractors can download the tender forms and other particulars from the e-Tendering System (e-TS). Tenderers must submit tenders in electronic format via the e-TS.           Details of the tender notice are available on the CEDD’s website (www.cedd.gov.hk/eng/tender-notices/contracts/tender-notices/index.html). For enquiries, please call AECOM Asia Company Limited at 3922 9000 during office hours.

     
    Ends/Friday, September 27, 2024Issued at HKT 12:25

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    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Police seek video of fleeing driver

    Source: New Zealand Police (National News)

    Police are seeking witnesses to a fleeing driver incident that began in Central Hawke’s Bay and ended in the heart of Palmerston North some 90 minutes later.

    The event started about 3pm on Thursday, when a distinctive orange/red-coloured Ford Falcon, sporting white mags, wide-profile tyres, and tinted windows, failed to stop for Police on State Highway 2, near Te Hauke.

    Police units followed the car as it headed towards Palmerston North, watching as it crossed onto the wrong side of the road several times and dodged sets of road spikes. At one point, the vehicle mounted the footpath.

    Road spikes were deployed on Main Street as the vehicle approached Palmerston North and the car was successfully spiked.

    The driver came to a stop after crashing on Fergusson Street shortly before 4.30pm. The driver fled on foot and was located on Ada Street by a Police dog unit a short time later. 

    The driving behaviour put every other road user at risk, and for no good reason, says Senior Constable Tim Rowe.

    “Police are speaking with a 19-year-old Hastings man in relation to the incident but we would like to hear from anyone who witnessed the vehicle’s driving, and anyone who recorded video of the incident.”

    If you have any information that could help our enquiries, please update us online now or call 105.

    Please use the reference number 240926/2862.

    Information can also be provided anonymously via Crime Stoppers on 0800 555 111. 

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI China: Friendly cooperation main theme of China-Estonian ties: Wang Yi

    Source: China State Council Information Office 3

    Chinese Foreign Minister Wang Yi on Thursday met with Estonian Foreign Minister Margus Tsahkna on the sidelines of the UN General Assembly session in New York.

    Estonia is an important cooperation partner for China in the Baltic region. Friendly cooperation is the main theme of bilateral relations, which aligns with the shared expectations of both peoples and represents the direction that both sides should continue to pursue, said Wang, also a member of the Political Bureau of the Communist Party of China Central Committee.

    While China and Estonia have different histories, cultures, environments, and face different challenges, this does not hinder the two countries from strengthening mutually beneficial cooperation to serve the well-being of their people, Wang said, adding it also does not affect their joint efforts to safeguard international peace and security based on respect for the purposes and principles of the UN Charter.

    China is willing to continuously enhance mutual trust with Estonia, continue to respect each other’s legitimate concerns on core interests, and lay a solid political foundation and inject vitality in improving bilateral relations, said Wang.

    Estonia, as an important member of the European Union, is expected to promote the EU institutions’ adherence to free trade, resolve differences through dialogue and consultation, and promote the healthy and stable development of China-EU relations, he said.

    Tsahkna said Estonia has a long history of exchanges with China and has maintained pragmatic cooperation, clearly upholding the One-China policy. Estonia appreciates China’s emphasis on respecting the purposes and principles of the United Nations Charter.

    For a small country like Estonia, international law and international order are as important as nuclear weapons. Estonia pays close attention to the Ukraine crisis, values China’s position, and hopes that China will play a constructive role, said Tsahkna.

    Wang pointed out that China is not a party to the Ukraine crisis, but has always been committed to peace, actively mediating and promoting negotiations to facilitate a political resolution. China’s diplomacy is guided by the principles of upholding justice, maintaining fairness, and pursuing peace. For all hotspot issues, China advocates seeking political solutions through dialogue and consultation.

    The immediate priority in the Ukraine crisis is to de-escalate the situation and prevent the conflict from further expanding, which aligns with the interests of European countries. China will faithfully fulfill its responsibilities as a permanent member of the UN Security Council and continue to contribute to peace, said Wang.

    MIL OSI China News

  • MIL-OSI China: China cuts reserve requirement ratio

    Source: China State Council Information Office 3

    File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua]

    China’s central bank on Friday announced a cut in the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions.

    Starting Friday, the weighted average RRR for lenders will come to around 6.6 percent, while those having already implemented a 5 percent RRR will not be involved, according to a statement of the People’s Bank of China.

    The central bank adheres to a supportive monetary policy with a strengthened intensity and more targeted regulation to create a sound monetary and financial environment for stable economic growth and high-quality development, the statement said.

    This RRR cut was first disclosed by central bank governor Pan Gongsheng at a press conference Tuesday. Pan said the RRR may be lowered further by 0.25 to 0.5 percentage points within the year depending on the liquidity situation.

    It came as part of the country’s recent stimulus package to boost the economy, which also includes measures to support the property sector and the capital market.

    MIL OSI China News

  • MIL-OSI China: China, EU willing to resolve disputes through dialogue

    Source: China State Council Information Office

    Both China and the European Union (EU) have clearly expressed political willingness to address disputes through consultations, China’s Ministry of Commerce said Thursday.

    The remarks came from ministry spokesperson He Yongqian in response to a media inquiry about recent consultations between Chinese Minister of Commerce Wang Wentao and European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis on the EU’s anti-subsidy case involving Chinese electric vehicles.

    The spokesperson described the talks as “comprehensive, in-depth and constructive.”

    During the talks, the two sides agreed to push forward negotiations on a price commitment agreement and fully commit to achieving a mutually acceptable solution through amicable dialogue and consultations, according to the spokesperson.

    Currently, technical teams from both sides are actively discussing a flexible price commitment solution, following the direction set during the talks. They are striving to reach a consensus on a solution framework before the final ruling, the spokesperson said.

    The spokesperson emphasized that China has the “utmost sincerity” to appropriately resolve disputes through dialogue and consultations. “At the same time, we are fully determined to safeguard the legitimate interests of Chinese companies.”

    MIL OSI China News