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  • MIL-OSI Russia: Financial news: 09/25/2024, 10:31 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXXE1 (Rosnft1P7) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:31

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on September 25, 2024, 10:31 (Moscow time), the values of the upper limit of the price corridor (up to 107.17) and the range of market risk assessment (up to 1147.05 rubles, equivalent to a rate of 10.0%) of the security RU000A0JXXE1 (Rosnft1P7) were changed.

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

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

    https://www.moex.com/n73417

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/25/2024, 10:32 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXXD3 (Rosnft1P6) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:32

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 25, 2024, 10:32 (Moscow time), the values of the upper limit of the price corridor (up to 107.93) and the range of market risk assessment (up to 1160.08 rubles, equivalent to a rate of 11.25%) of the security RU000A0JXXD3 (Rosnft1P6) were changed.

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

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

    https://www.moex.com/n73418

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

    MIL OSI Russia News

  • MIL-OSI Russia: Congratulations on Nikolai Omelchenko’s anniversary!

    MIL OSI Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    Autumn still doesn’t want to come into its own, because we haven’t yet celebrated the 75th anniversary of Doctor of Historical Sciences, Professor and Head of the Department of Public Administration and Political Technologies of the State University of Management Nikolai Omelchenko. And it’s today!

    Nikolay Alekseevich is one of the most active historians of our university. Having received a higher education at the history department of Lomonosov Moscow State University, in 1991 he began working at the State University of Management (at that time the State Academy of Management, let’s be historically accurate today). He defended his doctoral dissertation within our walls, and in his scientific works he reflected on the ideas of Eurasianism, when it was not yet mainstream, about 30 years ago. At the moment, he has published more than 200 scientific articles and monographs, in which the professor substantiates the uniqueness and originality of Russian civilization and the national model of public administration, explores issues of the influence of political culture on domestic political practice and public administration. That is, Nikolay Alekseevich is relevant as never before.

    So let us wish him to remain on the crest of the wave of historical science for many years to come, to continue organizing interesting seminars, to enjoy observing and analyzing a new round of development of Russian statehood and strengthening of sovereignty on the world stage, to be healthy, happy and, as always, to radiate optimism and goodwill.

    Subscribe to the TG channel “Our GUU” Date of publication: 09/25/2024

    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.

    Congratulations on Nikolai Omelchenko’s anniversary!

    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 Asia-Pac: SITI continues visit to Wuhan (with photos)

    Source: Hong Kong Government special administrative region

    SITI continues visit to Wuhan (with photos)
    SITI continues visit to Wuhan (with photos)
    *******************************************

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, continued his visit in Wuhan, Hubei Province today (September 25).     In the morning, Professor Sun attended the 2024 China Automotive Supply Chain Conference and the Third China Intelligent Networked New Energy Vehicle Ecological Conference organised by the China Association of Automobile Manufacturers and Dongfeng Motor Corporation, as well as the launching ceremony of the International Automotive and Supply Chain (Hong Kong) Summit and the 2025 International Automotive and Supply Chain Expo (Hong Kong).     Speaking at the Conference, Professor Sun said that the automobile industry has entered the new energy era, making it an emerging industry under new industrialisation. In the Hong Kong Innovation and Technology Development Blueprint, new energy vehicle is also one of the significant industries advocated for development under new industrialisation.     He added that the Hong Kong Special Administrative Region (HKSAR) Government and the Ministry of Industry and Information Technology signed the Co-operation Agreement on the Development of New Quality Productive Forces and the Promotion of New Industrialisation last week. Those areas jointly promoted by the two sides are intertwined with the supply chain of new energy vehicle industry. Over the past two years or so, the HKSAR Government attracted over 100 strategic innovation and technology (I&T) enterprises to set up their businesses in Hong Kong, including BeyonCa, a joint enterprise established earlier in Hong Kong by today’s event co-organiser Dongfeng Motor Corporation and France’s Renault Group. He is confident that Hong Kong can make new contributions to the innovative development of the national supply chain of new energy vehicle industry, thereby augmenting the new advantages of Chinese vehicle brands.     Professor Sun then visited Dongfeng Motor Corporation and learned about the corporation’s latest development, product planning and corporate culture. He had in-depth exchanges with the Chairman of the corporation, Mr Yang Qing, on the corporation’s development of new quality productive forces in the future and potential co-operation opportunities between the two parties in aspects such as new industrialisation, with the aim of making good use of Hong Kong’s roles as a “super connector” and “super value-adder” and the unique function as a dual lane to assist Mainland enterprises to go global and expand overseas markets. He particularly hoped that both sides’ collaboration on the project of BeyonCa setting up in Hong Kong will serve as a demonstration of co-operation with each other.     Professor Sun also visited the corporation’s Mengshi Tech Intelligent Park to tour the assembly final workshop, and experience the functionality and performance of the latest domestic high-end off-road electric vehicles at the off-road experience field. Through on-site visits, exchanges and interactions, as well as dynamic experiences, he learned more about the production process and technology capabilities of Mengshi automobiles. Besides, Professor Sun was briefed in detail on the first model car of BeyonCa and he called for accelerating the plan of setting up assembly production line in Hong Kong.     In the afternoon, Professor Sun visited Wuhan FineMEMS Inc. to gain an understanding of the national high technology enterprise’s technology research and development and products in providing MEMS (Microelectromechanical Systems) sensors, and metallic thick film pressure sensors and system. He also visited the fully automated one piece flow smart production line established by the company.     Professor Sun then proceeded to the Wuhan University to meet and exchange views with leaders and experts from Wuhan University, other local higher education institutions, Hong Kong and Macao Affairs Office of the People’s Government of Hubei Province, Department of Science and Technology of Hubei Province, as well as high-tech enterprises. Professor Sun gave the participants an update on Hong Kong’s overall I&T development. They also exchanged views on strengthening collaboration in scientific researches among higher education institutions between Hubei and Hong Kong, as well as advancing the expansion of business by Hubei I&T enterprises to Hong Kong. Professor Sun expressed his support for deepening co-operation in the I&T aspect among higher education institutions between the two places, noting that the HKSAR Government would provide appropriate support and services to university spin-off start-ups planning to establish their footholds in Hong Kong. He also encouraged start-ups in Hubei Province to leverage on Hong Kong’s edges of internationalisation and a highly market-oriented environment to expand their businesses overseas.     The Commissioner for Industry (Innovation and Technology), Dr Ge Ming, also joined the visit.     Professor Sun concluded his visit and returned to Hong Kong in the evening.

     
    Ends/Wednesday, September 25, 2024Issued at HKT 20:45

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI USA: September 2024 Transformer of the Month: Lori Arnett

    Source: NASA

    Lori Arnett approaches her work at NASA with a simple motto: think big, start small, act fast. As the Associate Director for Digital Transformation for the Aerosciences Evaluation and Test Capabilities (AETC) within the Aeronautics Research Mission Directorate (ARMD), she helps manage the capability portfolio for wind tunnels across the agency. In this role and in the many ways she champions digital transformation at NASA, she is unapologetic about the ambitious mindset she brings to the table. “I know that I have a lot of passion around the work I do, and that can sometimes be seen as intimidating to others,” she says. “But I’m going to drive to something. I want to make progress.”
    Lori’s approach to achieving big goals and true transformation at NASA begins with small, quantifiable steps. With this strategy, she has significantly impacted the agency’s ability to deliver on its aerospace missions. In response to AETC releasing its strategic plan in June 2022, Lori and her team created a data governance board and strategy for quantifying and measuring success, positioning her mission directorate to achieve its goals on schedule.
    Her team successfully defined and captured data on customer data and service quality, reliability, timeliness, and other attributes for operational and maintenance costs for the wind tunnels to create a quantifiable performance metric. To complement performance, they also defined and captured data on the tunnels’ mission relevancy, future demand, test usage, adaptability, and uniqueness for a quantifiable value metric. Together, these metrics create a real-time view of progress toward agency goals for everyone from headquarters program managers to customers to wind tunnel operators. Other NASA capability portfolios have copied the construct, further demonstrating its value.
    By making various data available with access controls, Lori and her team drive toward agency-wide transparency and standardization. They created the first-ever integrated view of availability and access data for NASA’s wind tunnels and increased data discoverability by expanding the ARMD Test Data Portal to include ground test data in addition to flight data. Her team is currently working to bring ground and flight test data together with computational data sets—a feat that would provide unprecedented data integration and interoperability in enabling future missions.
    To achieve such quick turnaround with minimal budgeting needs, the team partnered with the Office of the Chief Information Officer (OCIO) to leverage existing enterprise-wide services when building the data application ADAPT (AETC Data & Analytics Portfolio Transformation). “I’m all about leveraging and collaborating. I don’t want to reinvent the wheel,” says Lori. Her act-fast mentality drives her toward interoperable architectures, common tools, and inclusive teaming, leveraging existing solutions to help her directorate achieve increasingly complex missions. In return, Lori embraces any opportunity to share her work and enable other teams in their digital transformation journeys. “If anything I do can help somebody else, please reuse it. I don’t do this only for my organization. I’m doing this for the greater good of NASA and for this nation.”
    Lori believes that NASA’s ability to drive innovation hinges on how the agency maximizes the impact of its data, specifically in achieving FAIRUST principles. By 2032, AETC strives for 100% of its strategic data assets to be FAIRUST (Findable, Accessible, Interoperable, Reusable, Understandable, Secure, and Trustworthy). The strategic plan also outlines requirements for a 50% return on investment; to achieve this, Lori and her team developed a construct for quantifying ROI that they shared with multiple other teams, including the Digital Transformation Working Group. By creating ways of defining performance and value, Lori drives strategic investments and data-informed business outcomes. 
    Her motivation for delivering quantifiable value stems from her years of experience in the aerospace industry. Growing up in the suburbs of Cleveland, Ohio not far from Glenn Research Center (GRC), Lori knew she wanted to become an aerospace engineer from a young age. She went on to receive an undergraduate degree in aerospace engineering and a master’s in mechanical engineering from Case Western Reserve University. Prior to joining NASA as a test engineer at GRC in 2007 and a civil servant in 2010, she worked for ten years designing aerospace products and technologies. Her background influences her commitment to freeing up time for the working level through digital transformation solutions. 
    When asked what she enjoys most about working with Digital Transformation, Lori says, “For me, it’s all about sharing and collaborating so we can innovate for the benefit of all.” She recognizes that large-scale transformation requires many smaller parts contributing their diverse skillsets to the common goal. Of her various responsibilities and achievements, this is what excites and motivates her to continue impacting the agency as a digital transformer. “I just love collaborating with others that have this same mindset.”

    MIL OSI USA News

  • MIL-OSI USA: IAM Union Celebrates Hawaiian History Month

    Source: US GOIAM Union

    This month, the IAM proudly commemorates Hawaiian History Month, an annual celebration that spotlights Hawaii’s last reigning monarch, Queen Lili’uokalani, and the invaluable cultural heritage of the Hawaiian people.

    IAM members have come forward to share their perspectives on the importance of this celebration, reflecting a collective understanding and appreciation for Hawaiian history and culture.

    IAM Union’s dedication to this significant month stems from a profound respect and admiration for the Hawaiian community’s historical and ongoing contributions to the union’s diverse tapestry. 

    “Celebrating Hawaiian History Month isn’t just about acknowledging the past; it’s about weaving the rich cultural narratives of the Hawaiian people into our union’s future,” stated IAM Human Rights Director Nicole Fears.

    This year’s celebration focused on Queen Liliʻuokalani, a figure of immense historical importance and a symbol of resilience and leadership in the face of adversity.

    “By learning and celebrating the rich heritage of the Hawaiian people, we strengthen the bonds of solidarity within our union and with communities everywhere,” said Fears.

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    MIL OSI USA News

  • MIL-OSI USA: ICYMI: Marking Climate Week, DEP Presents Our Water’s Worth It Award to Lambertville for Exemplary Stormwater Management Efforts

    Source: US State of New Jersey

    Climate Resilience Planning

    In addition to being proactive on stormwater management, the city has been active with the DEP’s Office of Climate Resilience in developing a Climate Resilience Action Plan. Last year the DEP awarded Lambertville a grant of more than $150,000 through its Resilient NJ: Municipal Assistance Program to work with a qualified consultant team to develop, and begin to implement, a municipal climate resilience action plan. This plan works to evaluate vulnerability to current and future hazards including rising temperatures, flooding, and hurricanes, among others.

    “Lambertville has continually demonstrated their commitment to building a climate-resilient community by taking on a wide array of local-led efforts,” said Nick Angarone, New Jersey’s Chief Resilience Officer. “These actions reflect a broad definition of climate resilience, encompassing stormwater management and green infrastructure, proactive policy changes, and effective community outreach and engagement. This diverse array of efforts has made Lambertville a model community for local-led resilience action in the state.”

    Our Water’s Worth It Campaign

    The DEP launched the Our Water’s Worth It campaign earlier this year to raise public awareness about the fundamental importance of our water supplies, the threats they face, and the steps DEP is taking to ensure all New Jerseyans have access to clean drinking water and healthy waterways.

    As part of the campaign, the DEP is recognizing those who have shown exemplary commitment to protecting the state’s water resources. This past July, the DEP presented the first Our Water’s Worth It award to Ridgewood Water for its efforts over the years to conserve water and to protect public health by addressing PFAS contamination.

    In the coming months, DEP will select additional awardees highlighting local contributions to protecting water supplies and public health, improving the health of waterways, and water conservation. For more information about Our Water’s Worth It, visit dep.nj.gov/ourwatersworthit.

    Safe and Reliable Water as an Administration Priority

    Providing New Jersey residents with safe and reliable water supplies is a top priority of the Murphy Administration and Commissioner LaTourette. Earlier this year the administration celebrated a record-setting, billion-dollar investment in water infrastructure throughout the state as project funding in FY24 surpassed $1 billion for the first time.

    Furthering the goal to protect the state’s water resources, the administration earmarked $54.6 million in the FY25 state budget for drinking and clean water infrastructure improvements across the Garden State. The budget appropriation provides a match for larger federal funds.

    The DEP oversees programs that reduce lead exposure in homes and businesses, protect the long-term viability of water supplies such as reservoirs and groundwater sources, monitor for drought conditions, educate the public about the importance of testing wells and reducing lead exposure, and manage stormwater to better protect surface water sources.

    In 2022, the Administration launched the innovative Water Infrastructure Investment Plan (WIIP) to assess and address high priority water infrastructure needs throughout the state. Through WIIP, the state is spurring record investments in clean water and drinking water infrastructure that are creating good-paying jobs while providing safe and reliable drinking water, reducing flooding, and improving the quality of New Jersey’s waterways. For more information on WIIP, visit dep.nj.gov/wiip/.

    MIL OSI USA News

  • MIL-OSI USA: Meet New Head of Ecology and Evolutionary Biology Elizabeth Jockusch

    Source: US State of Connecticut

    How has the Department of Ecology and Evolutionary Biology changed since you joined in 1999?

    The crises we address in our work, like global change and the biodiversity crisis, are getting much more attention. These issues are now at the forefront of many people’s minds. In the department, that means that more people have incorporated applied components into their work.  

    For example, my work with slender salamanders, specifically those in the genus Batrachoseps, has shifted from just understanding their evolutionary history and population structure to providing crucial information for decision-makers. Several of these salamanders are candidates for endangered species listing, making my research suddenly very relevant.  

    We’re also seeing more collaborative, team-oriented work in the department and in the field as a whole. The scale at which we can conduct research has grown significantly, partly due to larger teams and advancements in technology. For example, genomic technology allows us to learn much more, even from single specimens. These changes have contributed to the increasingly computational and quantitative nature of the field. 

    Do you have goals for the department?

    Yes, I definitely want to maintain our commitment to undergraduate teaching. If you survey our grad students or even many undergrads, you’ll find that we teach the kind of courses that ignite a passion for organismal biology. We offer hands-on engagement and experiences that can set students on new trajectories or introduce them to career paths they hadn’t considered. This is true not just for biology majors, but for students across different fields like natural resources. 

    I also want to ensure that we provide top-notch graduate training. One piece of this is continuing to do research at the forefront of ecology, evolution and systematics. Another piece is helping graduate students build the kinds of diverse skillsets they will need to tackle big challenges, such as the biodiversity and global change crises.  

    What are some of the exciting research areas emerging in your department?

    The power of genomics to help us answer our questions is incredibly exciting. We can now understand how evolution works not just on a gene-by-gene basis or in a test tube, but in real-world, complex environments. It also has practical applications. For example, the ability to sequence and compare whole genomes allows us to identify novel targets for conservation in forest trees facing new diseases. This approach helps us understand the past and shape the future. 

    Another major area of interest is the intersection of ecology and evolution, especially understanding how evolution can happen rapidly enough to affect interaction patterns. This is critical for making accurate predictions about the future of biodiversity. Finally, we still have a lot to learn about organisms. Organisms have all sorts of tricks that humans haven’t fully figured out yet. New tools help us figure out how and why they do what they do. 

    What makes the UConn EEB department unique?

    The living plant collection–the EEB Botanical Conservatory, or the Greenhouses–is a premier collection that offers tremendous opportunities to students. It has living plants representing about 1% of all the world’s plants, which is pretty amazing.  It’s not just used by biology students, but also by art students, archaeology students, and many others. If you’re having a bad day in the winter, you should just go in there. There’s always something amazing to be seen. 

    The biodiversity collections are also a valuable record of biodiversity that traditionally has been used by taxonomists and systematists but has many additional uses. They’re a repository of ecological data, genetic data, and environmental data that allows us to track how the world has changed, such as how plant and animal ranges have shifted, flowering times have changed, and body sizes have changed. For example, we know that plants are flowering earlier and salamanders are getting smaller. We can also track the spread of diseases and look at contaminant levels in the environment. 

    Is there still a place for traditional naturalist approaches, like finding and naming organisms?

    Yes, taxonomy and systematics are foundational. While naming organisms might seem like service work, it’s crucial for anyone studying or quantifying biodiversity. These areas of study are built on the work of those who catalog and classify organisms. 

    But now we can look at organisms in whole new ways–not just through their morphology, but their genomes. And we can look at morphology and function in much greater detail than we could before because some of the imaging techniques that are out there now, like micro-CT scanning, are unbelievable. 

    Why is it useful for non-majors to take your classes?

    All life is touched by aspects of biology in very direct ways. Everyone is going to be facing decisions for their personal health and that of their family members that depend on making decisions about biology or understanding biology.  

    Cancer is an evolutionary process.  It’s an evolutionary disease.  Understanding how evolution works can inform how we think about it. We’ve all been witnessing evolution in action with COVID over the last four years. We’ve seen how that has seriously disrupted society in all kinds of ways, and how the evolutionary process has kept that going. 

    We’re also seeing huge changes in our environment. Lots of people think, “When I was younger, I used to see a lot more monarchs,” or songbirds, or fireflies, or whatever. Being aware of that is important; the decisions we, as a society, make will affect what the world’s going to look like in the future. 

    Tell us a little about your research.

    I’m an evolutionary biologist. I’m interested in understanding the diversity of life, and specifically, how an organism’s development over its lifespan can influence its evolution. In my lab, we primarily study arthropods, tardigrades, and salamanders.  

    We conduct some research in the UConn Forest. One of my graduate students is particularly interested in the evolution of development in salamanders, and several species in the area are useful for this study. A couple of undergraduate students have worked on the red-backed salamander, which has a color polymorphism. Some salamanders we study in California have declined and are close to becoming endangered. I wasn’t planning to become the world’s expert on an obscure group of salamanders that has a bunch of endangered species, but that’s how it panned out! When people need the most current scientific information on them, it’s usually coming from my lab.  

    What do you think are the biggest upcoming developments in your field over the next 10 years?

    I believe AI is going to have a significant impact on our field. We don’t fully understand its potential yet. We’re keen on predicting how natural systems will change in the future, such as shifts in geographic range, alterations in physical characteristics, and changes in interaction patterns. This is a complex area, but I think AI will be a valuable tool in making more accurate predictions. The increasing availability of large datasets, including those from natural history collections, will also be crucial for our research. You don’t have to use only data that you’ve collected to ask questions anymore.  

    What’s your favorite spot on campus?

    Mirror Lake!  It is such a hotbed of biological activity.  There’s so much going on there. There are things to be observed every day. Beavers came through this year and settled in temporarily and started chewing down the trees. Birds fish there every day. There’s incredible dragonfly diversity. I’ve even seen the fish mob a snapping turtle! 

    And I have to include the Fenton Meadow off Gurleyville Road for the same reasons, just a lot of diversity.  If you’re at the Fenton Meadow during one of those nights when the frogs have just come out and started to call…it’s deafening. Wood frogs and peepers and green frogs, bullfrogs, pickerel frogs, gray tree frogs, American toads, all those things breed there.  It’s just great.   

    This Q&A is part of CLAS Visionary Voices, a series highlighting the College’s new academic leaders and their innovative visions for education, research, and outreach at UConn. 

     

    MIL OSI USA News

  • MIL-OSI Economics: Samsung’s Odyssey OLED G8 Joins the Journey of Creating ‘The First Descendant’ with Nexon Developers

    Source: Samsung

    Game development is an art, and like any masterpiece, it requires the right tools. Nexon’s upcoming title, The First Descendant, is set to redefine the looter-shooter genre with its stunning visuals and immersive gameplay. At the heart of this development process is Samsung’s Odyssey OLED G8 — a monitor that not only displays these graphics but elevates them to a new level of realism.
    Join us as we dive into the behind-the-scenes journey with the developers at Nexon Games, who reveal how this cutting-edge display technology has helped bring their ambitious vision to life. From the precision of color to the speed of response, discover why the Odyssey OLED G8 is more than just a monitor — it’s a game-changer in the industry.

    Founded in 1994, Nexon has become a global leader in online gaming. Known for creating popular titles like MapleStory, Dungeon & Fighter and KartRider, Nexon continues to push boundaries in the gaming world. This year, the company introduced The First Descendant, a looter-shooter that attracted 260,000 concurrent players at launch. Nexon is focused on expanding its global reach and adapting to the fast-changing gaming industry. In 2021, Nexon completed the acquisition of Embark Studios AB, a company based in Stockholm, Sweden, developing multiple projects for global release.
    ▲ (From left) Lead Engine Programmer Junhwan Kim from the Engine Program team and Lead World Concept Artist Sinwook Wi, from the Environmental Concept Design team at Nexon Games, sat down with Samsung to talk about their latest project, The First Descendant and how the Odyssey OLED G8 played a role in its development.
    Can you tell us about your role in developing The First Descendant and how you contributed to the game’s creation?
    Kim: I’m responsible for the game engine. I develop the software that integrates essential elements like graphics, sound and physics engines, make them work seamlessly together.
    Wi: I handle the environmental concept design. My role involves creating the overall concept of the game and designing the backgrounds and characters to fit within that environment.
    ▲ (From left) Gley, Blair and Enzo, key characters from Nexon’s looter-shooter game ‘The First Descendant’ (Image courtesy of Nexon)
    What sets The First Descendant apart? What were some of the key innovations and design choices that defined your approach?
    Kim: The First Descendant is a looter shooter that blends third-person shooter (TPS) mechanics with role-playing game (RPG) elements. It features spectacular combat scenes, high-quality graphics and a rich loot system filled with powerful guns and gear. The core of the game lies in its storytelling, character development and the pursuit of the best weapons and equipment.
    A major focus for us was bringing the open world of The First Descendant to life through cutting-edge graphics. Using Unreal Engine 5, we leveraged Nanite to achieve highly detailed environments, allowing us to render complex landscapes and objects with incredible precision. This was crucial for creating an immersive open-world experience where players can explore vast and visually stunning environments. Lumen played a significant role as well, enabling real-time lighting that reacts dynamically to the game’s world and characters, further enhancing the realism of the gameplay.
    * Open World: A game design element that allows players to freely explore most areas with minimal restrictions.
    * Unreal Engine 5: A game engine developed by Epic Games, known for key features like Nanite, which efficiently handles high-capacity graphics, and Lumen, which enhances lighting effects.
    ▲ Junhwan works on the development of ‘The First Descendant’ using the Odyssey OLED G8. The Odyssey OLED G8 delivers superb graphics with its high resolution and color accuracy.
    Wi: The game is set in an apocalyptic world where factions — each with their own traditions — battle for survival. The story follows humanity’s fight against the Vulgus, invaders who nearly wiped out the human race. Players take on the role of descendants, embarking on a quest to find the Iron Heart, the ultimate weapon to end the war.
    On the design front, our goal was to create an apocalyptic world that felt rich and immersive while avoiding the overly dark and futuristic look often seen in similar settings. The environment itself is a key part of the storytelling. So, we integrated colorful, future-oriented designs for city of Albion to balance the grim atmosphere with a sense of hope. This approach doesn’t just end at the visual appeal but also helps the game engage players on an emotional level, too.

    ▲ Sinwook works on the design for the city of Albion, a key area in ‘The First Descendant,’ using the Odyssey OLED G8. The monitor’s consistent colors and detailed contrast has helped bring out the intricate design elements.
    As a game developer, what do you consider the most important factors in creating a visually immersive gaming experience?
    Kim: A high-quality display is crucial to accurately present the game’s graphics and visuals. Today’s gaming standards demand seamless gameplay with vibrant graphics, high frame rates, detailed resolutions and minimal input lag. To fully experience these advancements, it’s crucial to use a gaming monitor with high resolution, a wide color gamut and fast response times.
    As part of our collaboration with Samsung, I received the Odyssey OLED G8 during the development of The First Descendant, and what stood out to me was the monitor’s awesome display quality — color accuracy, expressions and its quick response time. The monitor delivers colors and contrast with a high level of precision, which was crucial for developing the game. The 0.03ms (GTG) response time made a noticeable difference during our demonstrations as well.1

    “With the Odyssey OLED G8, you get two distinct display experiences with a single monitor—16:9 for working and 21:9 for playing,” said Wi Sinwook, Lead World Concept Artist, Environmental Concept Design team, Nexon Games.
    Wi: As a World Concept Artist, I constantly ask myself, “How can I best convey the immersive universe to players?” I want players to experience every detail of the environments and even the subtle expressions of the characters as they were intended. For that, a display accurately reproduces colors and fine details is crucial. When players can see the subtle nuances in shading and the vibrant colors, it significantly enhances their immersion in the game.
    ▲ Sinwook builds out the background concept designs for ‘The First Descendant’ using the Odyssey OLED G8.
    Other than picture quality, were there any other the Odyssey OLED G8 features that stood out when you were working on and demonstrating the game?
    Kim: The First Descendant is a multi-platform game, available on PC (Steam) and consoles. The fact that the Odyssey OLED G8 supports up to three external inputs,2 was especially helpful when we were testing across the different platforms. The sleek, metal design also saved space and complemented the game’s sci-fi aesthetic.
    ▲ Junhwan demonstrates the console version of ‘The First Descendant’ on the Odyssey OLED G8. The Odyssey OLED G8 offers enhanced convenience with 2 HDMI 2.1 ports, 1 DisplayPort 1.4 and a USB hub.
    Wi: Working on the design and demonstrating the game on the Odyssey OLED G8, I found the gameplay smoother and more comfortable compared to my previous monitor. The colors and contrast were balanced and accurate, even on the big screen.
    I also really appreciated the ability to switch the screen ratio between 16:9 and 21:9 with just a single setting change. Normally, I avoid wide monitors due to the viewing angle, but the Odyssey OLED G8 made it convenient to switch between ratios for different tasks — 16:9 for working and 21:9 for demonstrating the game. The big advantage is that you get two distinct display experiences with a single monitor.
    ▲ The Odyssey OLED G8’s Game Bar allows users to switch between 21:9 and 16:9 screen ratios, enabling them to enjoy games in their preferred ratio.
    “The fact that the Odyssey OLED G8 supports up to three external inputs, was especially helpful when we were testing across platforms like PCs and different consoles,” said Junhwan Kim, Lead Programmer, Engine Program team, Nexon Games.
    What features of the Odyssey OLED G8 do you think will elevate the experience for The First Descendant players?
    Kim: The First Descendant is the world’s first HDR10+ GAMING title. We collaborated with Samsung to implement this technology in our game, optimizing peak brightness of the monitor and supporting standard HDR without the need for manual adjustments.3 Playing The First Descendant on the Odyssey monitor with HDR10+ GAMING allows you to experience the game’s vivid, high-quality graphics at their best.
    * HDR10+ GAMING: A gaming technology that enhances image quality by analyzing game content to enhance the depth of graphics and supporting features like response time and Auto HDR.
    ▲ The Odyssey OLED G8 supports HDR10+ GAMING, allowing gamers to enjoy an optimized HDR gaming experience without manual adjustments in supported titles. ‘The First Descendant’ is the first game to feature HDR10+ GAMING technology.
    Wi: Unlike my previous monitor, where colors near the edges tended to darken, the Odyssey OLED G8 maintained consistent brightness across the entire screen. The thin frame and bezel also made it easier to focus on the game.

    ▲ The Odyssey OLED G8’s slim metal design and Core Lighting+ on the back enhance user immersion and create a stylish gaming space.
    Kim: I also found the Game Bar feature to be helpful. When the Odyssey OLED G8 is connected to a PC or console, it automatically calls up the Game Bar. Selecting FPS mode in the Game Bar brightens dark areas in the game, giving you an advantage over hidden enemies. Also, the sound becomes richer, further enhancing the immersion.
    ▲ (Left) Default Game Bar settings without a selected genre, (Right) FPS genre selected in Game Bar.
    Any final words for The First Descendant players?
    Kim: If you’re a fan of The First Descendant, or any third-person shooter (TPS) game with high-quality graphics, the Odyssey OLED G8 is an excellent choice. It has high refresh rate, wide color gamut and fast response time, which really enhance the gaming experience.
    Wi: I’ve always debated between choosing a monitor with high resolution and refresh rate for gameplay versus one with accurate colors and contrast for development. The Odyssey OLED G8 meets both needs perfectly, so I can confidently recommend it to any gamer…or developer!

    MIL OSI Economics

  • MIL-OSI Global: Climate change is easier to study when it’s presented as a game

    Source: The Conversation – USA – By Ian Thacker, Assistant Professor of Educational Psychology, The University of Texas at San Antonio

    A playful approach can make the often complicated subject of climate change easier to understand. Victor Habbick Visions/Science Photo Library via Getty Images

    Climate change is among the more difficult but important topics to teach to young people. It involves complicated science and data, and it can be really depressing, given the bleak picture it paints of Earth’s future.

    So how do educators get students more engaged in lessons about climate change? One way that works is to make the lessons into a game.

    As a professor of educational psychology, I conducted an experiment that found that high schoolers are more interested and absorb more information about climate change when it’s presented as a game.

    In the study, 248 high school students throughout the U.S. were randomly assigned to either read a text about climate science or to play a number estimation game – that is, a game in which they guessed 12 numerical facts about climate change. I found that the number estimation game improved high schoolers’ climate change understanding, interest in science and willingness to take actions to help solve climate change.

    For instance, one question asked: “What is the change in percentage of the world’s ocean ice cover since the 1960s?”

    After students submit an estimate, a window pops up showing the true value – a “40% decrease” in the ice cover question. Gold stars appear to indicate their accuracy, as does a short explanation of the true value. The answers also list actions that people can take to address the issue and links to the sources of the information.

    I found that students who played the game had a better understanding than those who did not that there is a scientific consensus around human-caused climate change. Students who played the game also thought the activity was more interesting and reported less boredom. These boosts in positive emotions and motivation were linked to reduced sense of hopelessness about climate change and improved willingness to act on climate change.

    Why it matters

    Climate change is a tricky topic for secondary students to learn. Not only is the science conceptually difficult to comprehend, but it can be psychologically difficult for them to accept and address the looming threat of climate change.

    Compounding this problem, a 2020 report suggests that 20 U.S. states do not address these challenges in their state science standards, as they were found to insufficiently address the scientific climate consensus: that climate change is real, severe, caused by humans, but that there is hope for change. Findings from my study provide some principles for addressing this curricular gap.

    What other research is being done?

    Researchers are actively trying to find approaches that promote accurate climate change education that helps students understand the causes and explores solutions for the challenges ahead.

    One promising approach emphasized in this study, in my prior research and by other researchers, is to present a handful of surprising climate change numbers to students after they estimate them. However, there are several alternative approaches that are also effective. For example, some research found success by breaking down complicated ways to evaluate evidence, while other research engaged students taking photographs of their local environment to depict climate science and reflect on possible solutions.

    What still isn’t known

    One big remaining question is how to encourage teachers to implement effective climate change education in their classrooms. Evidence suggests that teachers sometimes feel pressured to teach to “both sides” of the continuum of climate change perspectives, despite one side having more supporting evidence. Such inconsistent messages can diminish needed urgency and confuse students in the process. I think it’s worthwhile to investigate the specific challenges and rewards that teachers encounter when implementing clear and consistent climate curriculum in their classrooms.

    The Research Brief is a short take on interesting academic work.

    Ian Thacker received funding to support this research from the American Psychological Association Division 15 Early Career Research Grant Award.

    ref. Climate change is easier to study when it’s presented as a game – https://theconversation.com/climate-change-is-easier-to-study-when-its-presented-as-a-game-236544

    MIL OSI – Global Reports

  • MIL-OSI Global: Continuing crackdown on churches and NGOs moves Nicaragua further from democracy to authoritarianism

    Source: The Conversation – USA – By Richard Wood, President of the Institute for Advanced Catholic Studies, USC Dornsife College of Letters, Arts and Sciences

    A man prays at the Metropolitan Cathedral in Managua, the capital of Nicaragua, in August 2022. Oswaldo Rivas/AFP via Getty Images

    The Nicaraguan government recently shut down more than 1,500 nonprofits – many of them civic and religious groups doing humanitarian work in a country long mired in political violence, economic upheaval and social strife.

    The August 2024 closures were the latest in a long-running crackdown on civil society, including religious groups – some of the last influential, independent organizations in the country. That same month, the government revoked churches’ tax-exempt status. Over the past few years, many houses of worship have been closed or had their bank accounts frozen.

    As a sociologist, I have worked with Central American scholars to research the role of religion in public life in Central America, including Nicaragua. Several hundred Catholic figures have been detained in an ongoing crackdown under President Daniel Ortega, now 78, who leads the Sandinista National Liberation Front.

    Sweeping suppression

    Ortega’s FSLN party, as it is known in Spanish, is the authoritarian remnant of the group that led a broad national movement against Anastasio Somoza Debayle’s dictatorship in the 1970s. After overthrowing Somoza in 1979, Ortega and the Sandinistas governed until losing the 1990 election.

    Since Ortega returned to power in the 2006 elections, moderates have fled the FSLN, which since then has used oppression and violence for political and social control. In 2013, the National Assembly removed presidential term limits set by the Nicaraguan constitution.

    In April 2018, Ortega’s regime began targeting student protesters. Since then, hundreds of citizens — religious leaders, university students, academics, journalists and doctors — have been killed or arrested, gone into hiding or been forced to flee the country.

    Ortega’s crackdown has been broad. Universities had their assets confiscated and funding cut, and some have been shut down as the government took control of higher education. Media outlets have been shuttered, and international aid organizations have been expelled.

    Paramilitary police officers and prison guards have been accused of engaging in arbitrary killings and torture. Meanwhile, a record number of refugees are fleeing the country.

    Parishioners attend Mass at St. Agatha Catholic Church in Miami, which has become the spiritual home of the growing Nicaraguan diaspora.
    AP Photo/Rebecca Blackwell

    Silencing churches

    Among the nearly 5,500 nonprofits that closed in Nicaragua between 2018 and 2024 are Catholic, evangelical Christian and historical Protestant organizations, as well as secular humanitarian ones. Of those, 1,650 organizations and churches were shuttered in August 2024, with government officials claiming their closure was due to ties to private enterprises or a lack of financial records.

    Catholic media and radio stations, missionary orders and humanitarian groups have been shuttered, too, as Ortega and the vice president – his wife, Rosario Murillo – have sought to eliminate settings where ideas and information freely flow, and people act independently of the government.

    The highest-profile religious leader caught up in the clampdown is Rolando Álvarez, a popular bishop, critic of Ortega, and a prominent Catholic voice of protest. Álvarez was detained in August 2022, accused of “conspiracy and spreading false news,” stripped of his citizenship and sentenced to 26 years in prison.

    Police officers and riot police block the main entrance of a church building in Matagalpa, Nicaragua, in August 2022 to prevent Bishop Rolando Álvarez from leaving.
    STR/AFP via Getty Images

    With international pressure mounting, Alvarez and a group of fellow detained Catholic clergy were released in January 2024 and exiled to the Vatican – where the regime had previously expelled the apostolic nuncio, the pope’s top diplomat in Nicaragua. They are among 245 Catholic figures the country has expelled in recent years. An additional 135 people, including Catholics and evangelicals, were expelled and stripped of their citizenship in September 2024.

    Today, 43% of Nicaraguan citizens identity as Catholics. But that percentage used to be much higher, and the country has deep cultural roots in Catholicism.

    In Nicaragua, as in much of Latin America, the Catholic Church is the most powerful source of social authority and the largest independent institution for public debate. It represents a key channel through which democratic values may take root, grow and thrive – an obstacle, in the regime’s eyes.

    For many years, the church was the only organization to escape Ortega’s grip – but no longer.

    Dangerous path

    I have witnessed firsthand Nicaragua’s shift from a country with promising seeds of democracy to violent autocracy. As civil war raged between the original Sandinista regime and U.S.-backed Contras in the 1980s, I led travel seminars to Nicaragua for faith groups, journalists, congressional aides and university students. I once personally encountered Ortega, serving as translator during a meeting with American journalists when his official translator failed to show up.

    Today, as Ortega continues to consolidate power by crushing opposition, Nicaragua has deteriorated into an oppressive state ruled with an iron fist. This reality reflects broader dynamics globally, from autocratic movements in the U.S. and Western Europe to current regimes in Russia, India, Turkey, Hungary and China.

    Nicaraguan citizens wave from a bus after being released from a Nicaraguan jail and landing in Guatemala City on Sept. 5, 2024.
    AP Photo/Moises Castillo

    Closer to home, Ortega poses a regional threat as a model for other potential autocrats. This is especially the case for neighbors like El Salvador, where President Nayib Bukele – the popular, self-described “coolest dictator” – is going down a similar path of turning the nation into an authoritarian state.

    I have seen Nicaraguans’ generosity and courage in the long fight for liberty and justice. The closure of democratic spaces, civic institutions and humanitarian organizations, along with the suppression of religious freedom, is a glaring sign that the country is being marched toward more oppression and violence – and, as history shows, risks becoming ripe for revolution.

    Only a gradual rebuilding of civil society, I believe, may save Nicaragua from that fate. The tragedy is what Nicaragua could have been: a thriving democratic society, with a commitment to empowering the poor.

    From 1983-1987 and part-time from 1987-1992, Richard Wood worked running travel seminars in Mexico and Central America. From 2010-2012, he received funding from the Center on Religion and Civic Culture at the University of Southern California and The John Templeton Foundation for research collaboration with Central American researchers.

    ref. Continuing crackdown on churches and NGOs moves Nicaragua further from democracy to authoritarianism – https://theconversation.com/continuing-crackdown-on-churches-and-ngos-moves-nicaragua-further-from-democracy-to-authoritarianism-238178

    MIL OSI – Global Reports

  • MIL-OSI Global: What America’s history can teach us about debates on religious freedom and its importance for democracy

    Source: The Conversation – USA – By Corey D. B. Walker, Dean and Wake Forest Professor of the Humanities, Wake Forest University

    The decline in church attendance has not resulted in a diminished Christian presence in American public life. selimaksan/E+ via Getty images.

    Supporters of both major U.S. political parties tend to claim their presidential candidate is the “real” Christian or the “better” Christian or just the “true” Christian.

    For a majority of white evangelical protestants, Trump is the good Christian. Christians for Kamala, a newly created group of self-identified Christians who support the Democratic nominee, say that her campaign embodies the “compassionate heart of Jesus and his teachings.”

    Yet, most American adults agree that religion should be separate from government. This widely shared belief is a cornerstone of religious freedom. As a scholar of religious freedom, I have studied the complex and ever-evolving role of religion in American politics. I argue that this election year, while the Christian character of each candidate is discussed everywhere, religious freedom, one of the core freedoms of American democracy, is not.

    The case of Ezra Stiles Ely

    America’s history of religious freedom is filled with stories that are instructive for our current moment. One such instructive lesson comes from the early 19th century.

    The Second Great Awakening was an intense period of religious revival. Evangelical Christians sought to reform American law and politics to reflect what they considered to be true Christianity. According to legal scholar Geoffrey R. Stone, it was at this time the claim that the “United States is a ‘Christian nation’ first seriously took root.”

    Ezra Stiles Ely.
    The New York Public Library digital collections

    A striking figure from the period is the Philadelphia Presbyterian minister Ezra Stiles Ely. On July 4, 1827, the Yale-educated minister delivered his infamous call for “a Christian political party” in the run-up to the 1828 presidential election.

    Ely’s oration, The Duty of Christian Freemen to Elect Christian Rulers, is a 19th-century version of what is today called “Christian nationalism.” In it, Ely lays out his view of a distinctly Christian vision of who should serve as political leaders and how they should govern.

    Before an Independence Day audience in Philadelphia’s Seventh Presbyterian Church, Ely declared, “Every ruler should be an avowed and sincere friend of Christianity. He should know and believe the doctrines of our holy religion, and act in conformity to its precepts.” Ely also advocated for “a new sort of union, or, if you will, a Christian party in politics.”

    Ely closed his sermon by exhorting Christians to “awake … to our sacred duty to our Divine Master; and let us have no rulers, without our consent and cooperation, who are not known to be avowedly Christians.”

    Critiques in defense of religious freedom

    While Ely sought to wed Christianity and American politics, others voices responded against this move. Religious freedom was new for the young nation. Yet, its supporters recognized its importance for American democracy.

    On Feb. 7, 1828, a pamphlet titled Sunday School Union, or Union of Church and State was placed on the desk of each member of the Pennsylvania Senate. The pamphlet contained excerpts of Ely’s speech that advocated the union of Christianity and politics. Ely’s speech was also the subject of debate in several 19th-century newspapers, including the Harrisburg Chronicle and The Pennsylvania Reporter.

    Notable among these voices was Massachusetts-born and Harvard-educated Supreme Court Justice Joseph Story.

    In an 1828 speech delivered in Salem, Massachusetts, Story boldly declared his support for religious freedom. He stated: “Religious freedom is the birthright of man; that governments have no authority to inflict punishment for conscientious differences of opinion; and that to worship God according to our own belief is not only our privilege, but is our duty, our absolute duty, from which no human tribunal can absolve us.”

    “Wherever religious liberty exist,” he argued, “it will, first or last, bring in, and establish political liberty.”

    Politics and American democracy

    America is not the same as at the time of the Second Great Awakening. Yet, the role of Christianity in political life is seemingly as alive as ever.

    The steady decline in church attendance has not resulted in a diminished Christian presence in American public life. The public square still contains powerful appeals to Christianity rather than a shared democratic heritage.

    Former president and Republican nominee Donald Trump recently stated, “We have to bring back our religion. We have to bring back Christianity in this country.”

    Supreme Court Justice Samuel Alito has commended the religious convictions of citizens, stating, “People with deep religious convictions may be less likely to succumb to dominating ideologies or trends, and more likely to act in accordance with what they see as true and right. Civil society can count on them as engines of reform.”

    A 2023 survey, in which the nonprofit, nonpartisan research and education organization PRRI interviewed more than 22,000 adults, found that approximately 3 in 10 Americans either supported or held Christian nationalist views. Christian nationalists tend “to see political struggles through the apocalyptic lens of revolution and to support political violence.”

    In my opinion, the linkage of Christianity and politics in the United States undermines American democracy. Amanda Tyler, executive director of the Baptist Joint Committee for Religious Liberty, a prominent public voice, explains how Christian nationalism undermines both Christianity and American democracy. In her 2024 book “How to End Christian Nationalism,” Tyler writes, “Christian nationalism is the greatest threat to religious liberty in the U.S. today, as well as a clear and present danger to our constitutional republic.”

    While debates over the Christian virtues of the candidates may be important for Christian communities, religious freedom is important for American democracy. The response to Christianity and politics is not more Christianity but more democracy. And religious freedom is key.

    Corey D. B. Walker does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. What America’s history can teach us about debates on religious freedom and its importance for democracy – https://theconversation.com/what-americas-history-can-teach-us-about-debates-on-religious-freedom-and-its-importance-for-democracy-238174

    MIL OSI – Global Reports

  • MIL-OSI Global: Local government controls your roads, schools and utilities − but that doesn’t mean the US president doesn’t touch your life in important ways

    Source: The Conversation – USA – By Zoe Nemerever, Professor of Political Science, Auburn University

    The top of the ticket often gets the most attention. Alex Brandon/AP Photo

    “All politics is local” is a common refrain – and yet, it is also true that the president has some unique powers.

    I am an expert on state policymaking, and I’m teaching presidential politics at Auburn University during this election season. Researching and teaching about both state and national politics has made me keenly aware of the stakes of the different races up and down the ballot this fall.

    Power close to home

    State and local governments shape our daily experiences in practical ways. State governments determine whether residents have access to expanded Medicaid, reproductive care, parental and family leave, and they set the state property, sales and income taxes, which we are all required to pay.

    City councils, county boards and school boards determine the quality of the roads we travel, the selection of books in school libraries and the prices of utilities such as water and sewer service.

    Most Americans will have the opportunity to vote for a variety of state and local elected officials this November. Yet many voters find their attention drawn to a more captivating contest: the presidential election.

    And it is hard to deny that the president has an outsized influence on American public policy.

    Staffing the government

    So what does the president do?

    It’s a busy job, for sure – including tasks such as signing executive orders, making treaties, vetoing or signing congressional bills, acting as the military’s commander in chief, attempting to build public support for their agenda and fundraising for the party.

    But one other big responsibility is often overlooked – that of passing out thousands of positions in the executive and judicial branches.

    The president’s appointment power is an enumerated power, meaning that it is enshrined in the U.S. Constitution.

    As the size of the judiciary and federal bureaucracy has grown over the past century, this presidential power has ballooned to include 4,000 appointments that turn over at the start of every administration. That doesn’t even include the vacancies that arise during the president’s term – for example, when a federal judge retires or dies.

    Perhaps the most well-known presidential appointment power is the power to nominate Supreme Court justices. These nominations tend to be highly political and dramatic affairs. This is due to their irregular and often sudden timing and to the high stakes of lifetime appointments.

    Some presidents don’t get to exercise this supreme power as much as they would like. But they still get to fill many other judgeships across the district courts, appellate courts and other federal courts.

    The Founding Fathers were adamant that the executive appointment power was not unilateral, as evidenced in Federalist Paper 76 penned by Alexander Hamilton. For 1,200 of the most consequential positions, the president nominates individuals, who are then confirmed – or not – by the U.S. Senate.

    The Founding Fathers perceived this as important for preventing the tyranny of a sole actor, which they had just worked so hard to leave behind under English rule.

    Assembling a Cabinet

    Some of the most consequential of these appointments are members of the presidential Cabinet.

    Much like how a head football coach assembles a team of assistants to enact their vision, the president convenes a team of policy champions to lead the 15 executive departments in the federal bureaucracy.

    Each department is run by a “secretary,” nominated by the president and confirmed by the Senate. The president consults with Cabinet members at periodic meetings, but secretaries otherwise enjoy a great deal of autonomy. For this reason, the president tries to pick Cabinet members who share their policy perspective.

    Much of the agenda presidents claim credit for is, in fact, achieved by the Cabinet departments. For example, during the current Biden administration, the Department of Labor increased guaranteed overtime compensation, the Department of Health and Human Services recommended making marijuana a legal but regulated drug, and the Department of Education launched an initiative to tackle the post-COVID surge in chronic absenteeism.

    Cabinet members often fly under the radar of the media, and consequently voters, with a few exceptions. Secretary of Transportation Pete Buttigieg had his moment in the headlines earlier in 2024 when he announced a new federal rule that entitles airline passengers to prompt cash refunds when their flights are canceled or delayed. President Barack Obama’s Secretary of Education Arne Duncan was well known for his bus tours promoting the economic value of education. President George W. Bush’s Secretary of State Condoleezza Rice spearheaded the noteworthy 2008 U.S.-India nuclear agreement.

    Crisis manager in chief, ad hoc

    Presidents also have the power to touch voters’ lives in profound ways by serving as a unifying character during national crises, a role that differentiates the president from other elected officials.

    These crises, unforeseen at the time of the election, require the president to swiftly reassure a distressed nation. For example, after the 9/11 terrorist attacks, President George W. Bush delivered an address that acknowledged the grief of Americans while imparting a stern guarantee that the United States would not cower to terrorists. President Donald Trump provided direction for a national response to an unprecedented global pandemic. President Bill Clinton shared heartfelt remarks at the memorial service of those killed in the bombing of the Alfred P. Murrah federal building in Oklahoma City, Oklahoma. And Obama honored victims of a racially motivated shooting at a church in Charleston, South Carolina.

    Presidential candidates of course cannot campaign on their ability to handle unpredictable, emergent situations. Instead, they talk up personal traits that will equip them to carry the nation through the next four years – whatever that may bring.

    During the recent 2024 presidential debate between Democratic candidate Kamala Harris and Republican candidate Donald Trump, the candidates tried to demonstrate traits such as strength, humor and mental sharpness – all of which would prove invaluable during whatever the next four years throws our way.

    This November, voters will consider a diverse spread of candidates, from city mayor to president, each with important responsibilities.

    National, state and local governments work together to shape our perceptions, good or bad, about the role public policy plays in our lives – and I’d encourage voters to pay attention to candidates at both the top of the ballot and further down.

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

    ref. Local government controls your roads, schools and utilities − but that doesn’t mean the US president doesn’t touch your life in important ways – https://theconversation.com/local-government-controls-your-roads-schools-and-utilities-but-that-doesnt-mean-the-us-president-doesnt-touch-your-life-in-important-ways-237939

    MIL OSI – Global Reports

  • MIL-OSI Global: What is ‘dark money’ political spending, and how does it affect US politics?

    Source: The Conversation – USA – By Emily Lau, Staff Attorney, State Democracy Research Initiative, University of Wisconsin-Madison

    Where exactly did this money come from? Manuel Augusto Moreno/Moment via Getty Images

    Every campaign season brings renewed attention to the amount of money influencing American politics, and who is spending it, and for what purposes. In particular, people are concerned about what is called “dark money.” For instance, recent media coverage has pointed to escalating dark money spending on both the Democratic and Republican sides.

    The term sounds scary and raises the specter of shadowy people manipulating the nation’s politics. As a researcher who studies the American democratic system, I think it’s worthwhile to unpack what dark money is, what concerns it raises and what might be done to address it.

    Unidentified political donors

    When people talk about dark money, they’re usually referring to money spent on elections that comes from sources that cannot be identified.

    Federal and state laws impose some limits on contributions and require some political contributions and expenditures to be publicly disclosed. Candidates for federal office, for example, must report their campaign donors to the Federal Election Commission. The FEC makes these reports available to the public.

    Likewise, super PACs – groups permitted to spend unlimited amounts on independent electoral advocacy – must also report some information about donations, such as the identities of and amounts given by people who donate more than US$200 in a year.

    But campaign finance disclosure laws have gaps.

    Federal law, for example, allows certain entities – most notably nonprofits designated as “social welfare” organizations or trade associations under Sections 501(c)(4) and 501(c)(6) of the tax code – to raise and spend large sums on electoral advocacy without disclosing their donors.

    A CBS News investigation into dark money in U.S. politics.

    Another dark money pathway involves making donations to super PACs through shell companies, which are companies set up for the purpose of hiding the financial activities of other people or groups – in this case, political contributions. Although super PACs are legally required to report who they received the contributions from, if the funds come from shell companies, the super PACs may not know and are not required to disclose where the money actually came from. That information remains hidden from public view.

    A lack of donor transparency raises multiple concerns. Voters may have a harder time assessing the validity of political messages or discerning whether candidates may be beholden to certain interests. Regulators and watchdogs can have trouble detecting illegal activity, such as campaign spending by foreign nationals. And unscrupulous people and groups can spread misinformation or destructive rhetoric without being identified or held accountable.

    Undisclosed political expenditures

    While discussions of dark money usually focus on where it comes from, the term can also describe a lack of transparency about where it goes.

    Under federal law, campaign committees must report their direct disbursements, such as payments to vendors or consultants. These vendors and consultants, however, sometimes function as pass-through entities that receive campaign funds and then purchase undisclosed goods and services. And any of these recipients can be set up as shell companies, making the flow of funds even more difficult to track.

    For instance, Hillary Clinton’s 2016 campaign and the Democratic National Committee faced FEC complaints for failing to disclose indirect payments made through the campaign’s law firm to researchers who compiled a dossier on Donald Trump’s Russia ties. The Clinton campaign and the DNC paid a fine to settle the matter without conceding wrongdoing.

    But enforcement can be difficult. In 2020, a watchdog group filed an FEC complaint alleging that Trump’s reelection campaign directed hundreds of millions of dollars to a pass-through entity in an improper effort to hide its expenditures – which included payments to top advisers and family members that, by law, would have otherwise been disclosed. The FEC dismissed the Trump complaint in 2022 when commissioners deadlocked 3-3 on whether to pursue it.

    As with a lack of donor disclosure, a lack of expenditure disclosure can deprive voters and regulators of valuable information. Lack of transparency can also invite questionable campaign practices, such as using donated funds in ways that enrich candidates, campaign staff or their associates.

    It can be hard to determine who is really behind shell companies and campaign donors.
    nicodemos/E+ via Getty Images

    Stalled federal reforms

    Proponents of greater campaign finance transparency have had little success pressing federal lawmakers and regulators to address dark money.

    Since 2010, congressional Democrats have been introducing legislation known as the DISCLOSE Act. Among other requirements, it would make dark money groups reveal major donors and restrict the use of shell companies to conceal donors’ identities. While versions of the bill have passed the House, they have repeatedly stalled in the Senate. Opponents maintain that these measures would infringe people’s privacy rights and chill constitutionally protected speech.

    Advocates have also made minimal headway persuading Congress or federal agencies to adopt new disclosure regulations or tighten enforcement.

    The FEC, which has an even partisan split among its six commissioners, has often been unable to get a majority to agree to take action. And the FEC’s most notable recent decisions have been to loosen, rather than tighten, campaign finance rules. Congress has barred the Securities and Exchange Commission from establishing new political spending disclosure rules for public companies, although some companies self-report more than the law requires.

    States’ efforts to curb dark money

    Dark money is also an issue in state and local elections. The strength of state and local transparency laws varies. Because these elections typically receive less attention and scrutiny than federal elections, money sometimes flows even more opaquely.

    Unlike the federal government, a number of states and localities have bolstered their disclosure rules in recent years. Arizona, California, Colorado, New Jersey and Washington, for example, have passed new laws requiring more donor information, including about the original sources of funds that are transferred between multiple groups before being spent on electioneering.

    Meanwhile, states such as Iowa, Massachusetts and Texas have adopted laws requiring campaigns to provide details about how consultants and vendors spend the campaign’s funds.

    Even in these states, disclosure gaps remain. The reality is that efforts to improve transparency can seem like a game of whack-a-mole: Each new round of regulations tends to generate new workarounds. But the experiences in these states and elsewhere may offer models and lessons for other jurisdictions.

    The current Supreme Court has given mixed messages about campaign finance transparency.
    Fred Schilling, Collection of the Supreme Court of the United States

    Constitutional questions

    Beyond the political challenge of getting stronger transparency regulations adopted, proponents of such measures also face potential constitutional challenges by opponents of disclosure.

    In multiple cases, including the 2010 Citizens United v. FEC ruling, the U.S. Supreme Court has rejected First Amendment claims brought by political spenders who wished to conceal their identities. In that case, the court observed that transparency helps the electorate “make informed decisions and give proper weight to different speakers and messages.”

    However, the Supreme Court has also recognized a right to engage in anonymous political speech. And in recent years, the court’s conservative supermajority has become somewhat more skeptical of disclosure rules, including in a 2021 case, Americans for Prosperity Foundation v. Bonta, which overturned a state law requiring charities to identify major donors. In her dissent, Justice Sonia Sotomayor warned that the court’s argument could be applied to campaign finance disclosure regulations.

    Therefore, even if public momentum builds for stronger transparency regulations, the Supreme Court could stand as an obstacle to such reforms.

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

    ref. What is ‘dark money’ political spending, and how does it affect US politics? – https://theconversation.com/what-is-dark-money-political-spending-and-how-does-it-affect-us-politics-236294

    MIL OSI – Global Reports

  • MIL-OSI Global: Why do people still back Trump, after everything? 5 things to understand about MAGA supporters’ thinking

    Source: The Conversation – USA – By Alex Hinton, Distinguished Professor of Anthropology; Director, Center for the Study of Genocide and Human Rights, Rutgers University – Newark

    Supporters watch Donald Trump speak at a rally in Uniondale, N.Y., on Sept. 18, 2024. Spencer Platt/Getty Images

    For many people, especially those leaning left, Donald Trump’s disqualifications to be president seem obvious, prompting some to question: How could anyone still vote for Trump?

    Some of the evidence Trump’s critics cite include his two impeachments, multiple criminal indictments at the state and federal levels and a felony conviction. Opponents also say that Trump is a threat to democracy, a misogynist, racist, a serial liar and a rapist.

    About 78% of Democrats and Democrat-leaning independent voters say that Trump broke the law when he allegedly tried to overturn the 2020 election results. But less than half of Republicans think he did anything wrong.

    I am an anthropologist of peace and conflict, and I have been studying what I call the Trumpiverse since 2015, when Trump descended a golden escalator and announced his candidacy for president. I later wrote a related book in 2021, called “It Can Happen Here.”

    More recently, I have been examining toxic polarization – and ways to stop it. Many efforts to reduce people’s polarized views begin with an injunction: Listen and understand.

    To this end, I have attended Trump rallies, populist and nonpartisan events and meetings where Democrats and Republicans connect and talk. Along the way, I have spoken with Trump supporters ranging from the Make America Great Again, or MAGA, faithful to moderate “hold the nose and vote for him” conservatives.

    And indeed, many on the left fail to understand who Trump voters are and how they vary. Trump’s base cannot simply be dismissed as racist “deplorables”, as Hillary Clinton famously said in 2016, or as country bumpkins in red MAGA hats. Trump voters trend older, white, rural, religious and less educated. But they include others outside those demographic groups.

    Many people have thoughtful reasons for voting for Trump, even if their reasoning – as is also true for those on the left – is often inflamed by populist polarizers and media platforms.

    Here are five key lines of reasoning that, in varying combinations, inform Trump voters’ choice.

    Donald Trump speaks at a rally on July 31, 2024, in Harrisburg, Pa.
    Spencer Platt/Getty Images

    1. Media distortion

    Where those on the left see Trump’s many failings, those on the right may see what some political observers call Trump Derangement Syndrome, sometimes simply called TDS.

    According to this line of argument, the left-leaning media dissects Trump’s every word, and the media then distorts what he says. I have found that some Trump supporters think that people who feed too much on this allegedly biased media diet can get TDS and develop a passionate, perhaps illogical dislike of Trump.

    I have also heard hardcore Trump supporters argue, with no evidence, that such “fake news” media outlets, like CNN, are part of a larger deep state plot of the federal government to upend the will of the people. This plot, according to those who propagate it, includes not just leftists, government bureaucrats and people who claim to be Republicans, but really aren’t, but also people in law enforcement.

    Some Trump supporters also see merit in his contention that he is being wrongly persecuted, just like some see the Jan. 6 defendants being persecuted.

    2. Bread on the table, money in the bank

    “Are you better off than you were four years ago?”

    For many Trump voters, the answer to Ronald Reagan’s famous question is clear: “No.” They accurately remember Trump’s term as one of tax cuts, economic growth and stock market highs.

    It is true that overall employment numbers and average pay went up under President Joe Biden. But for some Trump supporters, that economic boost pales in comparison to the massive surge in inflation during Biden’s term, with prices rising almost 20%. While the inflation rate has recently abated, prices remain high – as voters are reminded of every day at the grocery store.

    Polls also show that Trump has a strong lead over Democratic presidential nominee Kamala Harris on how they would handle the economy, which is a top concern for voters, especially Republicans.

    3. A border invasion

    Another reason some Americans want to vote for Trump: immigration.

    Like inflation, the number of people illegally crossing the border soared under Biden.

    This massive influx of “illegal aliens,” as Trump calls them, dropped to its lowest level in four years in July 2024. This happened after the Biden administration made it harder for immigrants to apply for asylum at the U.S.-Mexico border, a policy measure that is in line with many Republicans’ approach.

    In 2022, a poll found 7 out of 10 Republicans worried that “open borders” were part of a Democratic plot to expand liberals’ power by replacing conservative white people with nonwhite foreigners.

    Trump has played into some people’s mostly false concerns that immigrants living illegally in the U.S. are freeloaders and won’t assimilate, as illustrated by recent – untrue – allegations that immigrants are eating pets in Ohio.

    In 2022, 82% of Republicans said they viewed immigration as a “very important” issue. Trump continues to tout his proposed solution, which includes shutting the border, building a wall and deporting 11 million immigrants who are living in the U.S. without legal authorization.

    People attend a Donald Trump rally in Uniondale, N.Y., on Sept. 18, 2024.
    Michael M. Santiago/Getty Images

    4. A proven record

    Some Trump voters simply compare the records of Trump and Biden-Harris and find that the tally tilts firmly toward Trump.

    And it’s not just about the economy and immigration.

    There were no new wars under Trump. Biden-Harris, in contrast, are saddled with Russia’s invasion of Ukraine and Israel’s invasion of the Gaza Strip. Trump supporters’ perception is that American taxpayers foot a large portion of the bill, even though other countries are also giving money to Ukraine, and Israel is actually buying weapons from the U.S.

    I have found that Trump supporters also think he is better suited to deal with the rising power and threat of China.

    5. The MAGA bull in a china shop

    While some Harris supporters lament Trump’s destruction of democracy and decency in politics, I have found that Trump voters see a charismatic MAGA bull in a china shop.

    It is precisely because Trump is an unrelenting pugilist, or a fighter – as he showed when he raised a fist after the assassination attempt against him in July – that he should be elected, his supporters believe.

    Some even view him as savior – who will save the U.S. from a “radical left” apocalypse.

    For such Trump stalwarts, MAGA is not simply a slogan. In the Trumpiverse, it is a movement to save an America that is on the brink of failure.

    Alexander Hinton receives funding from the Rutgers-Newark Center for the Study of Politics and Race in America.

    ref. Why do people still back Trump, after everything? 5 things to understand about MAGA supporters’ thinking – https://theconversation.com/why-do-people-still-back-trump-after-everything-5-things-to-understand-about-maga-supporters-thinking-239031

    MIL OSI – Global Reports

  • MIL-OSI Global: Can you change your personality? Psychology research says yes, by tweaking what you think and do

    Source: The Conversation – USA – By Shannon Sauer-Zavala, Associate Professor of Psychology & Licensed Clinical Psychologist, University of Kentucky

    Making a personality change could help you live the life you want. lechatnoir/E+ via Getty Images

    Have you ever taken a personality test? If you’re like me, you’ve consulted BuzzFeed and you know exactly which Taylor Swift song “perfectly matches your vibe.”

    It might be obvious that internet quizzes are not scientific, but many of the seemingly serious personality tests used to guide educational and career choices are also not supported by research. Despite being a billion-dollar industry, commercial personality testing used by schools and corporations to funnel people into their ideal roles do not predict career success.

    Beyond their lack of scientific support, the most popular approaches to understanding personality are problematic because they assume your traits are static – that is, you’re stuck with the personality you’re born with. But modern personality science studies find that traits can and do change over time.

    In addition to watching my own personality change over time from messy and lazy to off the charts in conscientiousness, I’m also a personality change researcher and clinical psychologist. My research confirms what I saw in my own development and in my patients: People can intentionally shape the traits they need to be successful in the lives they want. That’s contrary to the popular belief that your personality type places you in a box, dictating that you choose partners, activities and careers according to your traits.

    What personality is and isn’t

    According to psychologists, personality is your characteristic way of thinking, feeling and behaving.

    Are you a person who tends to think about situations in your life more pessimistically, or are you a glass-half-full kind of person?

    Do you tend to get angry when someone cuts you off in traffic, or are you more likely to give them the benefit of the doubt – maybe they’re rushing to the hospital?

    Do you wait until the last minute to complete tasks, or do you plan ahead?

    You can think of personality as a collection of labels that summarize your responses to questions like these. Depending on your answers, you might be labeled as optimistic, empathetic or dependable.

    Research suggests that all these descriptive labels can be summarized into five overarching traits – what psychologists creatively refer to as the “Big Five.”

    As early as the 1930s, psychologists literally combed through a dictionary to pull out all the words that describe human nature and sorted them in categories with similar themes. For example, they grouped words like “kind,” “thoughtful” and “friendly” together. They found that thousands of words could be accounted for by sorting them between five traits: neuroticism, extroversion, conscientiousness, agreeableness and openness.

    Personality traits can be sorted into the ‘Big Five’ categories. They describe how you act but not necessarily the essence of who you are.
    Whale Design/iStock via Getty Images Plus

    What personality is not: People often feel protective about their personality – you may view it as the core of who you are. According to scientific definitions, however, personality is not your likes, dislikes or preferences. It’s not your sense of humor. It’s not your values or what you think is important in life.

    In other words, shifting your Big Five traits does not change the core of who you are. It simply means learning to respond to situations in life with different thoughts, feelings and behaviors.

    Can you change your personality?

    Can personality change? Remember, personality is a person’s characteristic way of thinking, feeling and behaving. And while it might sound hard to change personality, people change how they think, feel and behave all the time.

    Suppose you’re not super dependable. If you start to think “being on time shows others that I respect them,” begin to feel pride when you arrive to brunch before your friends, and engage in new behaviors that increase your timeliness – such as getting up with an alarm, setting appointment reminders and so on – you are embodying the characteristics of a reliable person. If you maintain these changes to your thinking, emotions and behaviors over time – voila! – you are reliable. Personality: changed.

    Data confirms this idea. In general, personality changes across a person’s life span. As people age, they tend to experience fewer negative emotions and more positive ones, are more conscientious, place greater emphasis on positive relationships and are less judgmental of others.

    There is variability here, though. Some people change a lot and some people hold pretty steady. Moreover, studies, including my own, that test whether personality interventions change traits over time find that people can speed up the process of personality change by making intentional tweaks to their thinking and behavior. These tweaks can lead to meaningful change in less than 20 weeks, instead of 20 years.

    Identifying patterns that your thoughts frequently fall into can be the first step toward making a change.
    Maskot via Getty Images

    Cultivating personality traits that serve you best

    The good news is that these cognitive-behavioral techniques are relatively simple, and you don’t need to visit a therapist if that’s not something you’re into.

    The first component involves changing your thinking patterns – this is the cognitive piece. You need to become aware of your thoughts to determine whether they’re keeping you stuck acting in line with a particular trait. For example, if you find yourself thinking “people are only looking out for themselves,” you are likely to act defensively around others.

    The behavioral component involves becoming aware of your current action tendencies and testing out new responses. If you are defensive around other people, they will probably respond negatively to you. When they withdraw or snap at you, for example, it then confirms your belief that you can’t trust others. By contrast, if you try behaving more openly – perhaps sharing with a co-worker that you’re struggling with a task – you have the opportunity to see whether that changes the way others act toward you.

    These cognitive-behavioral strategies are so effective for nudging personality because personality is simply your characteristic way of thinking and behaving. Consistently making changes to your perspective and actions can lead to lasting habits that ultimately result in crafting the personality you desire.

    Shannon Sauer-Zavala receives funding from that National Institute of Mental Health to support her research.

    ref. Can you change your personality? Psychology research says yes, by tweaking what you think and do – https://theconversation.com/can-you-change-your-personality-psychology-research-says-yes-by-tweaking-what-you-think-and-do-237190

    MIL OSI – Global Reports

  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Welcoming remarks & Session 1

    Source: European Central Bank (video statements)

    Welcoming remarks
    Luc Laeven, European Central Bank

    Session 1:

    The economics of financial stress
    Dmitriy Sergeyev*, Bocconi University
    Chen Lian, University of California, Berkeley
    Yuriy Gorodnichenko, University of California, Berkeley
    Discussant: Alina Bartscher, Frankfurt School of Finance and Management

    Behavioural sticky prices
    Sergio Rebelo, Northwestern University
    Miguel Santana, Northwestern University
    Pedro Teles*, Banco de Portugal and Católica-Lisbon School of Business and Economics
    Discussant: Gaetano Gaballo, HEC Paris

    https://www.youtube.com/watch?v=fZNTaE2QCPU

    MIL OSI Video

  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Session 2

    Source: European Central Bank (video statements)

    Session 2:

    Chair: Marie Hoerova, European Central Bank

    Strike while the Iron is Hot: Optimal Monetary Policy with a Nonlinear Phillips Curve
    Peter Karadi, European Central Bank
    Anton Nakov*, European Central Bank
    Galo Nuño, Banco de España
    Ernesto Pastén, Central Bank of Chile and Toulouse School of Economics
    Dominik Thaler, European Central Bank
    Discussant: Guido Ascari, University of Pavia and De Nederlandsche Bank

    Data and markups: a macro-finance perspective
    Jan Eeckhout*, Universitat Pompeu Fabra
    Laura Veldkamp, Columbia University
    Discussant: Maarten De Ridder, London School of Economics

    https://www.youtube.com/watch?v=5GxgjH9lAdU

    MIL OSI Video

  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Session 3

    Source: European Central Bank (video statements)

    Session 3:

    Chair: Christophe Kamps, European Central Bank

    The job ladder: inflation vs. reallocation
    Giuseppe Moscarini, Yale University
    Fabien Postel-Vinay*, University College London and Institute for Fiscal Studies
    Discussant: Kerstin Holzheu, Sciences Po

    The search cost of inflation
    Laura Pilossoph, Duke University
    Jane M. Ryngaert*, University of Notre Dame
    Jesse Wedewer, Duke University
    Discussant: Jordi Galí, CREI and Universitat Pompeu Fabra

    https://www.youtube.com/watch?v=5rgAd9BM5mE

    MIL OSI Video

  • MIL-OSI Russia: Financial news: 09/25/2024, 10:36 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A105ML5 (NorNikB1P5) security were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:36

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 25, 2024, 10:36 (Moscow time), the values of the upper limit of the price corridor (up to 102.89) and the range of market risk assessment (up to 14,331.24 rubles, equivalent to a rate of 13.75%) of the RU000A105ML5 (NorNikB1P5) security were changed.

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

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

    https://www.moex.com/n73421

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: The world’s first issue of digital financial assets for charitable purposes took place on the Moscow Exchange platform

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    On September 24, 2024, the Moscow Exchange platform hosted the issue of digital financial assets (DFA) for charitable purposes.

    The issuer of the CFA was the Voskresenie charity foundation, and the buyers were Russian credit organizations. The funds raised through the issue of the CFA will be used to finance the construction of a church in honor of St. Sergius of Radonezh in Cheboksary.

    Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets: “At my suggestion, the idea of using advanced financial technologies in charity was implemented on the Moscow Exchange platform. This is a landmark event for the financial and charitable sectors. Moscow Exchange, together with the financial community, has developed a solution for fast and transparent financing of charitable projects using a new instrument for the Russian market – digital financial assets. This is an important first step. There is a lot of work ahead to further popularize this instrument, which will not only offer new opportunities to philanthropists, but also simplify the process of charity itself.”

    Sergey Kharinov, Director of Digital Assets at Moscow Exchange: “The use of distributed ledger technologies in the charitable sector has a number of advantages, including transparency of operations, flexibility and speed of fundraising. Our plans include applying the successful experience of the first issue to create a digital platform based on it, which will provide an additional technological channel for fundraising for charitable organizations.”

    In August 2023, the Moscow Exchange Group received licenses from the Bank of Russia to operate as an information system operator (NPO JSC NSD) and a digital financial asset exchange operator (PJSC Moscow Exchange).

    Moscow Exchange is the largest Russian exchange, the only multifunctional platform in Russia for trading shares, bonds, derivatives, currencies, money market instruments and commodities. The Group includes a central depository, as well as a clearing center that performs the functions of a central counterparty in the markets, which allows Moscow Exchange to provide clients with a full cycle of trading and post-trading services.

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

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

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

    https://www.moex.com/n73424

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/25/2024, 10:52 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:52

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 10:52 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0168 rubles) and the range of interest rate risk assessment (up to -0.0247 rubles, equivalent to a rate of 51.43%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73425

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/25/2024, 11:57 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JT6B2 (VEB.RF 19) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    11:57

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on September 25, 2024, 11:57 (Moscow time), the values of the upper limit of the price corridor (up to 103.9) and the range of market risk assessment (up to 1140.73 rubles, equivalent to a rate of 7.5%) of the security RU000A0JT6B2 (VEB.RF 19) were changed.

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

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

    https://www.moex.com/n73429

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/25/2024, 12-09 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:09

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12:09 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0212 rubles) and the range of interest rate risk assessment (up to -0.0309 rubles, equivalent to a rate of 62.86%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73431

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/25/2024, 12-15 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:15

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12-15 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0255 rubles) and the range of interest rate risk assessment (up to -0.037 rubles, equivalent to a rate of 74.29%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73433

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 09/25/2024, 12-19 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:19

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12-19 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0299 rubles) and the range of interest rate risk assessment (up to -0.0432 rubles, equivalent to a rate of 85.72%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73434

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: On the procedure for accounting for the exchange of HeadHunter Group PLC DRs for shares of HeadHunter MKPAO in the Moscow Exchange stock indices

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    From September 26, 2024, in accordance with the recommendation of the Index Committee, foreign issuer’s depositary receipts for shares of HeadHunter Group PLC (trading code: HHRU, ISIN: US42207L1061) will be replaced in Moscow Exchange stock indices with ordinary shares of HeadHunter IPJSC (trading code: HEAD, ISIN: RU000A107662). Ordinary shares of HeadHunter IPJSC will be included in indices with the same parameters as foreign issuer’s depositary receipts for shares of HeadHunter Group PLC.

    Index codes that include depositary receipts of a foreign issuer for shares of HeadHunter Group PLC: MOEXBMI, RUBMI, MCXSM, RTSSM, MOEXIT, RTSIT, MOEXINN, MXSHAR.

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

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

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

    https://www.moex.com/n73438

    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 Canada: Canada to Host Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula

    Source: Government of Canada News

    News release

    September 25, 2024 – New York, New York – Global Affairs Canada

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, together with co-organizers Norway and Ukraine, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    The Ministerial Conference will bring together Foreign Affairs Ministers to advance the common vision articulated by the Joint Communiqué on a Peace Framework developed at the Summit on Peace in Ukraine at Bürgenstock, Switzerland, in June 2024.

    During the conference, Ministers will exchange views with the aim of developing a concrete plan, guided by the principles of international human rights and humanitarian law, for the return of prisoners of war as well as deported civilians and children back to Ukraine. The Conference participants will also aim to strengthen the International Coalition for the Return of Ukrainian Children, integrate the Women, Peace and Security perspective into the 10-Point Peace Formula, and identify approaches for post-return rehabilitation and reintegration for Ukrainian returnees.

    Quotes

    “Canada continues to deploy significant efforts to raise awareness of, and advocate on the issue of, illegally detained and deported Ukrainians, a critical issue dating back to Russia’s invasion of Ukraine in 2014 that has been exacerbated since the launch of Russia’s full-scale war of aggression in 2022. I look forward to welcoming my counterparts to Canada and exchanging views on how the international community can support Ukraine in its efforts for a comprehensive, just and lasting peace.”

    – Mélanie Joly, Minister of Foreign Affairs of Canada

    “The release of all prisoners and deported persons from Russian captivity, including children, is Ukraine’s top priority. I look forward to working together on the solutions that will ensure the return of our people back home and the restoration of just and lasting peace in Ukraine.”

    – Andrii Sybiha, Minister of Foreign Affairs of Ukraine

    “The return of all our people—every detained and deported Ukrainian—is a fundamental precondition for a comprehensive, just, and lasting peace in Ukraine. The human dimension is one of the core elements of Ukraine’s Peace Formula. It is crucial that we, as an international community, unite our efforts in Canada to find solutions that will bring every Ukrainian home.”

    – Andriy Yermak, Head of the Office of the President of Ukraine

    “Russia’s full-scale war against Ukraine has lasted for more than two and a half years. The ongoing hostilities and occupation of Ukrainian territory continuously expose Ukrainian civilians to the risk of detention by Russian forces or agents and other violations. The scale and complexity of the many thousands of Ukrainians in detention, children as well as adults, call for closer scrutiny by the world community on how to stop it, and I look forward to working closely with my Ukrainian and Canadian colleagues on this important agenda.”

    – Espen Barth Eide, Minister of Foreign Affairs of Norway

    Quick facts

    • President Volodymyr Zelenskyy introduced Ukraine’s 10-Point Peace Formula in November 2022 at the G20 summit. In August 2023, ten working groups were established, each dedicated to a specific pillar of the 10-point Peace Formula. Canada, along with Norway, are co-chairs of Working Group 4, which focuses on the return of prisoners of war, detained civilians, and illegally transferred and deported children.

    • Canada and Ukraine co-lead the International Coalition for the Return of Ukrainian Children. Launched in February 2024, in Kyiv, this coalition has expanded to 40 states, including some non-Western countries.

    • In June 2024, Ukraine and Switzerland hosted the Summit on Peace in Ukraine, a diplomatic initiative to garner international support for Ukraine’s Peace Formula. Prime Minister Justin Trudeau attended the summit and chaired a breakout session on the human dimension of the war in Ukraine. He also announced that Canada will host a ministerial conference on this human dimension this year.

    Associated links

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    MIL OSI Canada News

  • MIL-OSI Asia-Pac: SJ visits Vietnam

    Source: Hong Kong Information Services

    Secretary for Justice Paul Lam continued his Association of Southeast Asian Nations (ASEAN) visit in Ho Chi Minh City, Vietnam.

    In the morning, Mr Lam met China Business Association Ho Chi Minh City Branch Chief Supervisor Sun Guo Qiang to explore business opportunities in Hong Kong and the Vietnamese city, and learn about the demand for legal services in the local business sector.

    He then had lunch with Hong Kong Business Association Vietnam Vice-Chairman Fred Burke for a better understanding of Vietnam’s business environment and need for cross-jurisdictional legal services.

    In the afternoon, Mr Lam exchanged views with representatives from the Vietnam International Arbitration Center on recent developments in the arbitration landscape in both places and explored ways to strengthen collaboration.

    During a meeting with the Ho Chi Minh City Bar Association, he discussed the development of the legal profession and explored potential future collaborations in building stronger and closer ties.

    Mr Lam also attended a dinner with Acting Consul General of the People’s Republic of China in Ho Chi Minh City Xu Zhou and shared with him the latest developments in Hong Kong’s legal and alternative dispute resolution sector.

    Upon arriving in Ho Chi Minh City yesterday, he attended a forum, followed by a networking dinner to meet the local legal and business sectors.

    The justice chief will conclude his visit to Ho Chi Minh City and depart for Kuala Lumpur, Malaysia tomorrow to attend a seminar to promote Hong Kong’s legal and dispute resolution services.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Resource Advisory: Tracking crude oil and natural gas production with EIA data

    Source: US Energy Information Administration

    U.S. ENERGY INFORMATION ADMINISTRATION
    WASHINGTON DC 20585

    FOR IMMEDIATE RELEASE
    September 25, 2024

    The U.S. Energy Information Administration (EIA) has several sets of data on the domestic production of crude oil and natural gas. Depending on your interests, the resources below can help you find the crude oil and natural gas data you need.

    Table 1. Key production figures from the latest EIA data
      2023 annual June 2024
    Crude oil 12.9 million b/d 13.2 million b/d
    Dry natural gas 103.8 Bcf/d 103 Bcf/d

    Crude oil

    Crude oil production is typically measured in barrels or barrels per day. When EIA analyzes crude oil production, it relies on field production of crude oil and lease condensate, which is published at the national level, at the Petroleum Administration for Defense District (PADD) level, and at the state level.

    Crude oil is refined into a series of consumable petroleum products such as gasoline, diesel, and jet fuel. EIA publishes U.S. production of petroleum products in the Petroleum Supply and Disposition table, under the Refinery and Blender Net Production column.

    EIA publishes short-term forecasts of total U.S. crude oil production and forecasts of tight oil production (oil production by hydraulic fracturing, or fracking) by geologic formation.

    Natural gas

    Natural gas production is typically measured in billion cubic feet or billion cubic feet per day. Natural gas is unique in that its production can be measured in three ways:

    • Gross withdrawals of natural gas include everything pulled from the ground, including product that is ultimately flared or siphoned off to another product stream. EIA tracks gross withdrawals at the national level and by state.
    • Marketed or wet natural gas production is smaller than gross withdrawals because it does not include gas that was vented, flared, used for repressuring, or removed during treating and processing. EIA publishes historical and forecast marketed natural gas production at the national and regional level. Historical marketed production is also available by state.
    • Dry natural gas production is what goes to the consumer. It’s lower than wet production because it does not include natural gas plant liquids such as ethane and propane that are counted in marketed production. EIA publishes dry natural gas production at the national level and by state. EIA publishes dry natural gas production by hydraulic fracturing (fracking) by shale gas formation.

    EIA publishes varying data series of monthly and annual crude oil and natural gas production. The agency also publishes weekly estimates of some production measures. Members of the press can contact our media relations team with any questions at EIAMedia@eia.gov.

    The data described in this advisory were prepared by the U.S. Energy Information Administration, the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analysis, and forecasts are independent of approval by any other officer or employee of the U.S. government. The views in the product and this press release therefore should not be construed as representing those of the U.S. Department of Energy or other federal agencies.

    EIA Press Contact: Chris Higginbotham, EIAMedia@eia.gov

    MIL OSI USA News