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  • MIL-OSI: 2024 New Energy Industry Development Conference & Invest in Changzhou Conference took place

    Source: GlobeNewswire (MIL-OSI)

    CHANGZHOU, China, Sept. 27, 2024 (GLOBE NEWSWIRE) —

    On September 26, the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference kicked off, gathering academicians, experts, domestic and international business representatives, and financial institutions to discuss collaboration and development.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    A total of 42 representative projects were signed, with a total investment of 39.7 billion yuan, including 9 foreign-funded projects worth 1.16 billion USD. Ten provincial financial institutions signed key financing projects with a credit amount reaching 120 billion yuan.

    Changzhou has pioneered the establishment of a complete industrial ecosystem encompassing generation, storage, transmission, application, and networking in the new energy sector. From January to August this year, Changzhou produced nearly 680,000 new energy vehicles, ranking first in investment enthusiasm nationwide. The solar photovoltaic industry is among the largest in the country, and the completeness of the power battery industry chain stands at 97%, the highest in China, significantly contributing to the high-quality development of the new energy industry.

    Changzhou has been recognized as “China’s Capital of New Energy.” This title reflects the city’s commitment to building a world-class new energy industry cluster while adapting to new circumstances, enhancing its hard and soft power, and accelerating the progress of new industrialization. It represents the future of China’s new energy industry and showcases a green, efficient, innovative, and collaborative industrial image, shaping a vibrant “New Changzhou.”

    Since 2022, Hurun Research Institute has consistently published the list of cities with high concentration in the new energy industry. At the conference, the 2024 Hurun China New Energy Industry Concentration Cities list was released, with Changzhou ranking third, maintaining the top position in investment enthusiasm for three consecutive years. Four new energy enterprises from Changzhou made it to the global unicorn list.

    In the latest Hurun World 500, five companies related to new energy were included, three of which are from China: CATL, BYD, and Li Auto, all of which have chosen to invest in Changzhou. South Korea is a key source of foreign investment for the city, with 326 well-known Korean enterprises established in Changzhou. Major projects, including the ArcelorMittal soft magnetic project and the 3 billion yuan Li Auto component base project, are being launched, with Changzhou attracting a total of 10.59 billion yuan in foreign investment since 2020.

    During the conference, 30 enterprises were awarded for their significant contributions to Changzhou’s social development, industrial upgrading, foreign trade, and technological innovation. To foster an open environment, Changzhou also released a multilingual guide for foreign personnel.

    In today’s world, green, low-carbon, and sustainable development are paramount. Changzhou is implementing a series of strategic collaborations, innovation platforms, and national events to promote industrial integration and innovation. The second Energy Electronics Industry Innovation Competition was launched on-site, alongside the signing of a strategic cooperation agreement to support Changzhou’s new industrialization. The Jiangsu Advanced Power and Energy Storage Battery Technology Innovation Center was also inaugurated.

    To promote investment and development in future industries, Changzhou established the largest new energy mother fund in Jiangsu Province, totaling 5 billion yuan. Additionally, several other funds were signed, including a 2 billion yuan Yangtze River Delta Hard Technology Scientists Fund and a 1.68 billion yuan Yuanzheng Venture Capital Fund, amounting to a total of 6.305 billion yuan.

    Changzhou aims to enhance its industrial development capabilities and cultural soft power, actively promoting the integration of “Vehicle, Energy, Road, and Cloud.” The city is rolling out pilot projects for near-zero carbon parks and smart microgrids, encouraging the development of new business models such as virtual power plants and load aggregators, striving to become a national carbon peak pilot city.

    Looking ahead, Changzhou will expand its new energy landscape, accelerate entry into smart networking and low-altitude economy industries, and unveil investment opportunities in nine fields, including synthetic biology, new energy vehicles, and hydrogen energy.

    Source: The Organizing Committee of 2024 New Energy Industry Development Conference & Invest in Changzhou Conference

    The MIL Network

  • MIL-OSI China: China holds reception for foreign experts in various fields

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

    Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, attends a reception to celebrate the 75th anniversary of the founding of the People’s Republic of China held for foreign experts in various fields at the Great Hall of the People in Beijing, capital of China, Sept. 27, 2024. [Photo/Xinhua]

    BEIJING, Sept. 27 — A reception to celebrate the 75th anniversary of the founding of the People’s Republic of China was held for foreign experts in various fields on Friday evening at the Great Hall of the People in Beijing.

    Vice Premier Ding Xuexiang attended the reception and, on behalf of the Chinese government and President Xi Jinping, conveyed thanks and regards to foreign experts and China’s international friends for their support of China’s reform, opening-up and modernization drive.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said that China’s progress over the past 75 years has been a result of the unremitting efforts of Chinese people of all ethnic groups and the hard work of foreign experts in various fields.

    “Over the past 75 years, groups of foreign experts have made indelible contributions to the construction of China’s socialist modernization, which the Chinese people will always remember,” Ding said.

    He noted that the third plenary session of the 20th Central Committee of the Communist Party of China made systematic arrangements for the deepening of reform on all fronts, and for the promotion of Chinese modernization.

    China adheres to a more active, open and effective talent policy, which will provide greater convenience, improved services and a better environment for foreign experts living and working in China, he said.

    It is hoped that the vast number of foreign experts in China will continue to care for and support China’s development, and be good builders of Chinese modernization, good bridges for exchange and cooperation between China and foreign countries, and good non-governmental ambassadors to enhance friendship, Ding said. China also hopes that foreign experts in the country will make new, greater contributions to the construction of a community with a shared future for humanity, he added.

    MIL OSI China News

  • MIL-OSI China: Two more service stations open in Shanghai airports

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

    Maria Costa Sanchez from Spain is served by staff members of the one-stop service station opened at Terminal 1 of Pudong International Airport in Shanghai on Friday. [Photo/chinadaily.com.cn

    Two more one-stop service stations opened on Friday to serve international travelers at Shanghai’s two airports, marking the availability of arrival service at both the city’s two aviation hubs.

    The two service stations coming into operation are situated at Terminal 1 of the Shanghai Pudong International Airport and Terminal 1 of the Shanghai Hongqiao International Airport, respectively. They will work together with the existing one at Terminal 2 of the Pudong International Airport, which was in trial operation since June 29, to provide inbound travelers with comprehensive, considerate, and efficient services upon their arrival in the city.

    Tailored for the specific requirements of inbound travelers, the three one-stop service stations are tasked to effectively improve the convenience and satisfaction of expatriates traveling working and living in Shanghai.

    A view of the one-stop service station opened at Terminal 1 of Pudong International Airport in Shanghai on Friday. [Photo/chinadaily.com.cn]

    Under a screen displaying “International Services Shanghai”, staff members work at four counters set up at each of the three stations, ready to offer services including communication, payment, tourism and transportation.

    Crucial services including purchasing local SIM cards, cash exchange and withdrawal, portable Wi-Fi equipment, mobile payment consultation and transportation pass sale are available at the stations sitting directly outside the terminals’ international arrival exit points.

    A view of the one-stop service station opened at Terminal 1 of Hongqiao International Airport in Shanghai on Friday. [Photo/chinadaily.com.cn]

    Jorge Cinco from Mexico, who just arrived at Terminal 1 of the Shanghai Hongqiao International Airport, said the services he needed most were payment consultation as well as telecommunications.

    “They are very friendly and helpful,” he said of the staff members who helped him purchase a local SIM card at the counter.

    Maria Costa Sanchez, who travelled from Spain to Shanghai to visit her daughter and three granddaughters, showed the same appreciation toward the service stations. Aided by a translation machine, she managed to exchange cash and acquire a local SIM card at Terminal 1 of the Shanghai Pudong International Airport.

    So far, the one-stop service station at Terminal 2 of the Pudong International Airport has offered inquiries and services to more than 44,000 passenger trips, and received more than 3,600 pieces of positive feedback from international travelers from countries including Russia, the United States, the United Kingdom, Denmark, and the Philippines.

    A view of the one-stop service station opened at Terminal 1 of Hongqiao International Airport in Shanghai on Friday. International travellers are served by staff members of the one-stop service station opened at Terminal 1 of Hongqiao International Airport in Shanghai on Friday. [Photo/Xinhua]

    The three one-stop service stations at Shanghai’s two airports would also respond to the upcoming seventh China International Import Expo by providing thoughtful services for exhibitors and participants of the event from all over the world.

    Shanghai’s airports received 8.07 million passenger trips in the first half, soaring 173 percent from the same period of last year.

    The stations are the result of collaboration between the Foreign Affairs Office of the Shanghai Municipal Government, Shanghai Head Office of the People’s Bank of China, Shanghai Municipal Commission of Transport, Shanghai Municipal Administration of Culture and Tourism, Shanghai Communications Administration, Shanghai Airport (Group) Co Ltd and Shanghai Foreign Service (Group) Co Ltd affiliated to Donghao Lansheng (Group) Co Ltd.

    MIL OSI China News

  • MIL-OSI China: China leverages stimulus measures to steer economy

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

    BEIJING, Sept. 27 — China’s central bank on Friday cut the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points and lowered the seven-day reverse repo interest rate by 20 basis points, enhancing policy support to solidify economic operations.

    From Friday, the weighted average RRR for lenders will be approximately 6.6 percent, but those that have already implemented a 5 percent RRR will not be involved, according to a statement from the People’s Bank of China.

    The move followed an RRR cut of 0.5 percentage points in February. The 1-percentage-point RRR reduction so far this year is expected to provide about 2 trillion yuan (about 285.3 billion U.S. dollars) in long-term liquidity for the financial market.

    The seven-day reverse repo interest rate, a key short-term policy rate, was lowered from 1.7 percent to 1.5 percent on Friday, according to the central bank. The decrease was the largest in nearly four years.

    The move aims to intensify the counter-cyclical adjustment of monetary policy and support the country’s stable economic growth, according to the central bank.

    The seven-day reverse repo interest rate has fallen by a cumulative 30 basis points so far this year.

    The simultaneous cuts to the RRR and policy rate reflect the central bank’s determination to adhere to a supportive monetary policy with strengthened intensity and more targeted regulation, as well as its concrete efforts to help the country meet major annual economic and social development targets, experts have said.

    China seeks to expand its economy by approximately 5 percent year on year in 2024. The country’s GDP expanded by 5 percent in the first half of the year.

    The policy moves followed a crucial meeting convened by the Political Bureau of the Communist Party of China Central Committee on Thursday, which called for intensified efforts in economic work, including the implementation of substantial interest rate cuts and the promotion of the property market’s stabilization.

    It was noted at the meeting that the fundamentals of the Chinese economy remain unchanged, as do its favorable conditions, including a vast market, strong economic resilience and great potential.

    However, the meeting said it is necessary to take a comprehensive, objective and sober view of the current economic situation, face the difficulties squarely, and remain confident.

    The central bank’s Friday announcement maintained policy intensity, consolidated the foundation for the stable, sustained development of the capital market, and provided sufficient impetus for healthy, upward market development, said Dong Ximiao, chief researcher at Merchants Union Consumer Finance Company Limited.

    China’s stock market has been on an upward streak in recent days, with heavy trading fueled by the broader-than-expected policy package to prop up the economy.

    The benchmark Shanghai Composite Index closed at 3,087.53 points on Friday, a 12.81 percent weekly gain. The Shenzhen Component Index soared 17.83 percent this week to close at 9,514.86 points.

    On Friday alone, the combined turnover of the two indices neared 1.45 trillion yuan, surpassing the 1-trillion-yuan mark for a third consecutive day.

    The ChiNext Index, which tracks China’s Nasdaq-style board of growth enterprises, jumped 10 percent to close at 1,885.49 points on Friday.

    On Tuesday, the country’s central bank, top securities regulator and financial regulator announced a raft of monetary stimuli, property market supports and capital market strengthening measures to be implemented in the near future to boost the country’s high-quality economic development.

    These policy measures include an RRR reduction for banks and a mortgage rate reduction for existing homes, as well as the introduction of new monetary programs to boost the capital market.

    Pan Gongsheng, governor of the central bank, said that the RRR may be lowered by a further 0.25 to 0.5 percentage points within the year, depending on the liquidity situation.

    The country unveiled a set of guidelines on Wednesday to promote sufficient high-quality employment, stressing the importance of promoting reasonable increases in remuneration for labor and expanding the coverage of social insurance.

    Experts say they expect the implementation of the policy package to galvanize the economic rebound.

    These recent policy measures, combined with more effective fiscal policy support, will help sustain the rebound in economic growth for the remainder of the year, UBS economist Wang Tao noted.

    Liang Si, a researcher at the Bank of China’s research institute, said the loan prime rates will likely be lowered following the seven-day reverse repo interest rate cut, which will reduce the financing costs of enterprises and the housing burden faced by residents.

    When the decreased mortgage rates on existing home loans and the reduced minimum down payment ratio for second homes come into effect, the burden of residential mortgages will be eased and demand for housing will be boosted to contribute to the speedy recovery of the real estate market, Liang said.

    The combination of monetary policy tools will increase financial support for the real economy, effectively boost market confidence and expectations, and create a sound monetary and financial environment for economic recovery, Dong said.

    MIL OSI China News

  • MIL-OSI United Nations: Readout of the Secretary-General’s meeting with H.E. Mr. Arnoldo André Tinoco, Foreign Minister of Costa Rica (scroll down for Spanish)

    Source: United Nations secretary general

    The Secretary-General met with H.E. Mr. Arnoldo André Tinoco, Foreign Minister of Costa Rica. The Secretary-General and the Foreign Minister discussed regional issues, including the current regional migration flows and the impact of organized crime. They also discussed the situation in Haiti, Nicaragua and Venezuela. The Secretary-General thanked Costa Rica for its support to multilateralism, solidarity with migrants and asylum seekers and for its leadership on climate action, including the preparations for the upcoming 2025 UN Ocean Conference.

    +++++++++

    El Secretario General se reunió con el Excelentísimo Sr. Arnoldo André Tinoco, Ministro de Relaciones Exteriores de Costa Rica. El Secretario General y el Ministro de Relaciones Exteriores discutieron temas regionales, incluidos los actuales flujos migratorios regionales y el impacto del crimen organizado. También discutieron la situación en Haití, Nicaragua y Venezuela. El Secretario General agradeció a Costa Rica por su apoyo al multilateralismo, su solidaridad con los migrantes y solicitantes de asilo y su liderazgo en la acción climática, incluyendo los preparativos para la próxima Conferencia de las Naciones Unidas sobre los Océanos en el 2025.

    MIL OSI United Nations News

  • MIL-OSI New Zealand: Health – Senior doctors support Buller march to fix health system

    Source: Association of Salaried Medical Specialists

    West Coast patients deserves more than ‘on call’ health services via a telephone line, the Association of Salaried Medical Specialists Executive Director Sarah Dalton says.
    Her words come after West Coast Health revealed Buller’s urgent care GP clinics will end and be replaced with a telehealth service.
    “The proposal to cut after hours clinical care has been incredibly rushed and lacks consultation, risk mitigation and proper management,” Dalton says.
    “It is the responsibility of West Coast Health as the primary health organisation to ensure there is sufficient community-based, after-hours care for a community. This is especially important in a community like the West Coast which lacks paramedic services and only has one ambulance.”
    The people of Buller will march in silence from Victoria Square to Westport Clock Tower on October 28 from midday to demonstrate their concern over the dire state of healthcare in the region.
    “We share the concerns of the people of Buller and ask West Coast Health to walk back their decision to cut services and find a solution that benefits the community’s health needs,” Dalton says.
    “What is happening in Buller is happening across the country and communities need to stand together to ensure they get safe, equitable and fit-for-purpose health care not delivered through a telephone line.”

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: FS concludes visit to UK (with photos/video)

    Source: Hong Kong Government special administrative region

         â€‹The Financial Secretary, Mr Paul Chan, continued his visit to London, the United Kingdom (UK), yesterday (September 27, London time). In the morning, he attended a roundtable meeting organised by The CityUK, an industry-led body representing UK-based financial services. He engaged in in-depth discussions with over 20 leaders from the UK’s financial community. At the meeting, Mr Chan briefed participants on the economic situation in Hong Kong, and highlighted that the city’s financial markets are undergoing continuous reforms and innovations, with good progress achieved in the stock market, asset and wealth management, offshore renminbi business, green finance, fintech, etc. He said the Hong Kong Special Administrative Region Government is actively working to reinforce and enhance Hong Kong’s status as an international financial centre, and he looks forward to strengthening co-operation with the UK financial sector to promote mutual development.

         Mr Chan then attended a luncheon hosted by the Hong Kong Association of the UK, where he delivered a speech to about 150 guests from the UK political and business communities. He said that with the solid support of the Central Authorities, Hong Kong’s economy is steadily advancing, and the city is fully committed to promoting the development of the “Eight Centres”. He emphasised that financial services and innovation and technology are the city’s key future dual economic engines. Citing green finance as an example, Mr Chan highlighted that Hong Kong is developing itself into an international green tech and green finance centre; where the city fully supports the development of technologies in addition to green and sustainable financing. Hong Kong is also actively aligning with international green standards, including developing green classification frameworks, and pressing ahead with sustainability disclosure requirements in financial reporting. Mr Chan also introduced the four main areas of innovation and technology development in Hong Kong and explained how the Hong Kong Investment Corporation Limited, as “patient capital,” can leverage capital to guide more long-term private market investments into strategic industries, accelerating the development of its ecosystem.

         Mr Chan will leave London today (September 28, London time) and arrive in Hong Kong in the afternoon of September 29.            

    MIL OSI Asia Pacific News

  • MIL-OSI USA: News 09/27/2024 Blackburn Statement on Flash Flooding Emergency in Tennessee

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)
    NASHVILLE, Tenn. – U.S. Senator Marsha Blackburn (R-Tenn.) released the following statement on the impact of flash flooding and severe weather caused by Hurricane Helene in Tennessee:
    “All Tennesseans impacted by flash flooding and severe weather should follow local guidance and evacuation protocols carefully. We are working with local officials to ensure public safety, and I encourage every Tennessean to avoid dangerous areas and heed the direction of emergency personnel if traveling. We stand ready to assist and help secure any federal assistance that may be necessary,” said Senator Blackburn. 

    MIL OSI USA News

  • MIL-OSI USA: Sen. Cramer: HHS Awards $970,634 to North Dakota Tribal Nations for Opioid Programs

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    BISMARCK, N.D. – The U.S. Department of Health and Human Services (HHS) announced the award of $970,634 to support substance abuse programs in three North Dakota tribal nations. The award will be distributed to the following tribes:

    • $425,000 to the Turtle Mountain Band of Chippewa Indians
    • $295,634 to the Standing Rock Sioux Tribe
    • $250,000 to the Spirit Lake Tribe

    MIL OSI USA News

  • MIL-OSI United Nations: Readout of the Secretary-General’s meeting with H.E. Bakhtiyor Saidov, Minister of Foreign Affairs of the Republic of Uzbekistan

    Source: United Nations secretary general

    The Secretary-General met with H.E. Bakhtiyor Saidov, Minister of Foreign Affairs of the Republic of Uzbekistan. They discussed cooperation between the United Nations and Uzbekistan. The Secretary-General appreciated the role of Uzbekistan in regional cooperation and development. They also discussed the situation in Afghanistan, as well as the Summit of the Future.

    MIL OSI United Nations News

  • MIL-OSI New Zealand: Health – GPs frustrated by funding model which restricts patient access, increases deaths from lung cancer – GenPro

    Source: GenPro

    An urgent need to increase patients’ access to general practice is the clear message from new research on New Zealand’s single biggest cause of cancer deaths, lung cancer.

    A study published in the New Zealand Medical Journal found that surviving lung cancer in New Zealand could depend on access to a GP. (ref. https://nzmj.org.nz/media/pages/journal/vol-137-no-1603/4e8103db3e-1727209620/nzmjv137i1603_27sep2024.pdf )

    “The research clearly shows that patients who are diagnosed with lung cancer after a GP referral tend to have better outcomes than those diagnosed after visiting emergency departments, by which time it’s often too late,” said Dr Angus Chambers, Chair of the General Practice Owners Association of Aotearoa New Zealand (GenPro).

    “The study shows that there is health inequity in New Zealand – those who can access and afford to visit a GP are advantaged over those who cannot, which is wrong. We need to ensure everyone can access a GP for an earlier diagnosis which could save lives,” Dr Chambers said.

    While an emergency department is an important part of the healthcare system, especially for red-flag symptoms, visiting a GP when symptoms are less severe can lead to an earlier diagnosis and therefore better treatment options.

    “That patients are choosing not to go to their GP because they cannot get an appointment, cannot enrol in a local GP, or cannot afford to pay for a visit, means they put up with less serious symptoms. But eventually the symptoms get so bad they go to an emergency department. By this time it is often too late.”

    GPs are at the coalface of early detection of highly fatal diseases like lung cancer, and are frustrated by an outdated funding system which is not helping patients access GPs for early diagnosis and optimal outcomes.

    “A recent GenPro survey showed general practices are in crisis, squeezed by rising costs, high patient demand and staff shortages. The key reason is that government funding has not kept pace with the cost of running a general practice,” Dr Chambers said.

    This is a result of Ministers, the Ministry of Health and Health New Zealand Te Whatu Ora refusing to invest in general practice despite overwhelming evidence of the health benefits to New Zealanders.

    “The government must as a matter of urgency increase its support of primary healthcare, overhaul the current out-of-date funding model, and help increase the supply of medical professionals into primary healthcare.”
     
    GenPro, which represents more than half of all general practices in Aotearoa, is ready to work with the Minister of Health and the Health NZ Commissioner to develop the solutions needed.

    MIL OSI New Zealand News

  • MIL-OSI USA: Hurricane Helene: aerial imagery

    Source: US National Ocean Service News

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    MIL OSI USA News

  • MIL-OSI China: Chinese political advisors call for supportive policies for urban renewal

    Source: China State Council Information Office 2

    Chinese national political advisors suggested improving relevant land, fiscal, tax and financial policies to support the country’s urban renewal and transformation, at a remote meeting held Friday in Beijing.
    The seminar, held by the National Committee of the Chinese People’s Political Consultative Conference, China’s top political advisory body, was presided over by Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the CPPCC National Committee.
    Speaking at the meeting, Wang called on political advisors to participate in research and investigations on new urbanization and provide targeted advice regarding the topic. He also encouraged political advisors to help improve the public’s understanding of urban renewal and respond to their concerns about the project.
    The attendees to the meeting advised better reconstruction of existing buildings, as well as renovation of old communities and urban infrastructure. They also called for efforts to improve urban ecosystems and promote the protection and adaptive reuse of historic buildings and blocks.

    MIL OSI China News

  • MIL-OSI China: 8 killed, 95 injured in paramilitary attack in Sudan’s El Fasher

    Source: China State Council Information Office

    At least 8 people were killed and 95 others injured in an attack by the paramilitary Rapid Support Forces (RSF) on Friday in El Fasher, the capital of North Darfur State in western Sudan, a local official stated.

    “The RSF shelling targeted the Souq Al-Mawashi (livestock) market, south of El Fasher, which was crowded with civilians,” Ibrahim Khatir, director-general of North Darfur State’s health ministry, told Xinhua.

    The RSF has not yet commented on the attack.

    Since May 10, fierce clashes have raged in El Fasher between the Sudanese Armed Forces (SAF) and the RSF.

    According to UN estimates, El Fasher is home to about 1.5 million people, 800,000 of whom are internally displaced persons.

    Since April 15, 2023, Sudan has been embroiled in a violent conflict between the SAF and the RSF. The conflict has resulted in approximately 20,000 deaths, thousands of injuries, and the displacement of millions of people, according to the most recent estimates by the UN Office for the Coordination of Humanitarian Affairs. 

    MIL OSI China News

  • MIL-OSI China: EU foreign policy chief calls for immediate efforts towards two-state solution

    Source: China State Council Information Office

    Vice President of the European Commission Josep Borrell has stressed the need for immediate efforts towards the two-state solution, rather than waiting for a ceasefire, in solving the Israeli-Palestinian conflict.

    “If you want to build the two-state solution, do not wait for the ceasefire. Start working on it from now on,” Borrell told the Council on Foreign Relations, an influential U.S. foreign policy think tank, in New York on Friday.

    The idea that we can start building peace after we stop the war is utopical and completely contrary to the dark reality, said Borrell, who is also the High Representative of the European Union (EU) for Foreign Affairs and Security Policy. “We have to overlap the two processes,” he noted.

    Borrell has promoted the solution of creating a Palestinian state at several events on the sidelines of the UN General Assembly meeting.

    At the Ministerial side event on the Middle East Peace Process on Friday, Borrell said “We have responsibility to thousands and thousands of innocent children who were killed” while warning that the way Israel has been conducting wars in the Middle East is certainly not a way to ensure security for Israel.

    “These attacks against Lebanon have been creating such a great number of civilian casualties that cannot be justified by the right to defense,” Borrell noted.

    Israel has pounded Lebanon since Monday morning, killing over 700 people and injuring nearly 2,200 others, according to figures released by the Lebanese Health Ministry.

    He also pledged that the EU will continue to support the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).

    “We are the biggest supporter to UNRWA. We reaffirm our unwavering commitment to provide critical resources to ensure the agency’s ongoing operations, and we call to international community to join us in this effort,” Borrell said at the UNRWA Ministerial Level meeting in New York.

    “Together we can make a tangible difference in the life of millions of people, nothing less than that,” he added. 

    MIL OSI China News

  • MIL-OSI China: US-led coalition mission in Iraq drawing to end by September 2025

    Source: China State Council Information Office

    The U.S.-led international mission formed a decade ago to combat the Islamic State extremist group in Iraq will cease to exist by September 2025, said a joint statement issued Friday by the U.S. and Iraqi governments.

    There will be, however, a “transitioning to bilateral security partnerships in a manner that supports Iraqi forces and maintains pressure on ISIS,” said the statement, which on the U.S. part was carried by the State Department’s website, using the abbreviation of an alternative name of the Islamic State known as the Islamic State of Iraq and Syria.

    The coalition’s military mission in neighboring Syria, where the Islamic State also operates, “will continue until September 2026,” the statement said.

    The statement provided few details as to what, if any, number of U.S. troops will leave Iraq as a result of the end of the mission.

    “I just want to foot stomp the fact that this is not a withdrawal. This is a transition. It’s a transition from a coalition military mission to an expanded U.S.-Iraqi bilateral security relationship,” a senior U.S. official told reporters during a briefing Friday.

    The United States has some 2,500 military personnel in Iraq and roughly 900 troops in Syria, tasked with the mission of fighting Islamic State militants while also serving as trainers and advisors to local security forces. 

    MIL OSI China News

  • MIL-OSI China: UN releases 10 mln USD emergency humanitarian funds for Lebanon aid

    Source: China State Council Information Office

    The acting UN relief chief on Friday allocated 10 million U.S. dollars in emergency funding for the humanitarian situation in Lebanon, which the local UN coordinator described as catastrophic.

    The UN Office for the Coordination of Humanitarian Affairs (OCHA) said Israeli air strikes continued to affect civilians and civilian infrastructure on the fifth consecutive day of the large-scale military escalation.

    The world body’s humanitarian coordinator in Lebanon, Imran Riza, called the destruction nothing short of catastrophic, with the surge in violence extending to previously unaffected areas, causing widespread destruction.

    “We are witnessing the deadliest period in Lebanon in a generation, and many express their fear that this is just the beginning,” Riza said.

    He said that in less than a week, at least 700 lives have been lost, thousands have been injured, and nearly 120,000 people have been displaced, with the numbers continuing to rise. Since the beginning of the conflict on Oct. 7, 2023, more than 1,500 civilians have been killed, and over 200,000 people have been forced to flee their homes.

    “The United Nations and partners are closely coordinating with the Lebanese Government to support the response efforts,” OCHA said. “We are delivering food, mattresses, hygiene kits, and emergency medical supplies.”

    Riza said that critical funding gaps persist in the areas of shelter repair, food, fuel and coordination, among others. Humanitarian organizations are assessing the amount of funding required to address the increasing number of displaced people and the rising humanitarian needs.

    UN Acting Emergency Relief Coordinator Joyce Msuya allocated the 10 million U.S. dollars from the world body’s Central Emergency Response Fund.

    The office said the funds are in addition to the 10 million dollars released from the Lebanon Humanitarian fund earlier in the week.

    In Gaza, OCHA warned that displaced people live in abysmal conditions, which could further deteriorate in the upcoming cold and rainy winter weather.

    The United Nations and humanitarian partners recently conducted assessments — Sept. 19 and 22 — in two collective shelters in Deir al Balah and Khan Younis.

    “At both sites, displaced communities live in overcrowded shelters and lack cleaning supplies, hygiene kits, sanitary pads and diapers, as well as clothes and infant formula for babies,” OCHA said.

    The office said the first site was a school turned into a shelter by the UN relief agency known as UNRWA in the Al Bureij refugee camp in Deir al Balah. It was hosting more than 3,500 Gazans.

    “Our teams found people were crammed into classrooms and worn-out tents, with an average of 80 to 100 people per classroom and 40 people per tent,” OCHA said. “Access to clean water and health care is extremely limited. Most residents are eating only one meal per day, with some people going the entire day without eating.”

    The office said the second site was a makeshift camp in Abasan in eastern Khan Younis, hosting 2,500 people, including nearly 1,000 school-aged children.

    “The site is in a flood-prone area, adjacent to a site where garbage is being dumped,” OCHA said. “There are no medical facilities and there is no food support at this site, except for occasional hot meals provided by a charity organization.”

    The office said humanitarian aid movements in Gaza face significant access constraints.

    “Nearly 90 percent of coordinated humanitarian movements between northern and southern Gaza so far in September have been either denied or impeded,” OCHA said.

    In the West Bank, the office said the number of internal movement obstacles deployed by Israeli forces increased by more than 20 percent since June 2023.

    Since the Oct. 7 attacks on Israel, OCHA said Israeli authorities in the West Bank also imposed movement restrictions, marked by the deployment or maintenance of hundreds of movement obstacles and a general closure that affects Palestinian permit-holders and bars them from accessing East Jerusalem and Israel.

    “The cumulative impact of movement obstacles has been devastating, further entrenching the fragmentation of the West Bank, disrupting access to livelihoods and services for thousands of Palestinians and aggravating the already difficult living conditions there,” the office said.

    OCHA said that health facilities in the West Bank also suffered in the conflict.

    The World Health Organization (WHO) reported that from the Oct. 7 to July 30, there were 527 attacks on health care in the region, including obstruction of access, use of force, detention and militarized searches.

    WHO said the attacks affected 54 health facilities, including 20 mobile clinics and 365 ambulances.

    “These incidents not only hinder access to health care, but also jeopardize the safety of medical personnel and patients,” OCHA said. 

    MIL OSI China News

  • MIL-OSI China: China expects rational perception from Washington about bilateral ties

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with U.S. Secretary of State Antony Blinken on the sidelines of the UN General Assembly session in New York, Sept. 27, 2024. (Xinhua/Li Rui)

    Instead of having it both ways by seeking containment on one hand and requesting cooperation on the other, the United States should derive its China policy from a rational perception about China, Chinese Foreign Minister Wang Yi told U.S. Secretary of State Antony Blinken in New York on Friday.

    “The United States should not always approach China with two faces: On the one hand encircling and suppressing China brazenly, and on the other hand, having dialogue and cooperation with China as if nothing is wrong,” said Wang, also a member of the Political Bureau of the Communist Party of China Central Committee.

    “Since the United States has expressed multiple times that it has no intention to have conflict with China, then fundamentally, it needs to establish a rational perception of China, and find the right way to get along with it,” said the veteran Chinese diplomat.

    “The United States needs to carry out dialogue with respect, advance cooperation in the spirit of reciprocity, and address differences with great prudence, rather than act willfully as it sees fit from a position of strength or use previous mistakes as excuses to make more mistakes,” Wang said on the sidelines of the 79th session of the United Nations General Assembly.

    On the Taiwan question, Wang said that “if the United States truly hopes to see peace and stability across the Taiwan Strait, it should abide by the one-China principle, implement the three China-U.S. Joint Communiqués, stop arming Taiwan, publicly oppose ‘Taiwan independence,’ and support the peaceful reunification of China.”

    Wang went on to say that China “is firmly opposed to U.S. suppression in trade and technology,” and that China “will never accept finger-pointing by human rights preachers, still less interference in China’s internal affairs under the pretext of human rights.”

    Highlighting the importance of people-to-people exchanges between China and the United States, Wang urged the U.S. side to “remove obstacles with real actions.”

    Wang articulated China’s firm position on the South China Sea issue. He said that China remains committed to resolving differences through dialogue and consultation with countries directly concerned.

    The United States should not stir up trouble in the South China Sea, or undermine regional countries’ efforts to safeguard peace and stability there, Wang added.

    On the Ukraine issue, Wang said China’s position is aboveboard. China has been committed to promoting talks for peace and has been making its efforts toward peaceful settlement.

    The United States should stop smearing, scapegoating and arbitrarily imposing sanctions on China, and stop using this issue to create antagonism and incite camp-based confrontation, Wang said.

    The two sides agreed that the meeting was candid and substantive, and that China and the United States need to find a way to live alongside one another in peace in the indefinite future.

    The two sides will continue to implement the important common understandings of the two presidents in San Francisco in last November, engage in dialogue and cooperation, and properly manage differences to work toward stable, healthy and sustainable development of bilateral relations.

    The two sides agreed to maintain communication on international and regional hotspot issues, and hold a new round of consultations on Asia-Pacific affairs in due course. 

    MIL OSI China News

  • MIL-OSI USA: PHOTOS: Capito Participates in Naturalization Ceremony for New U.S. Citizens

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CHARLESTON, W.Va. – U.S. Senator Shelley Moore Capito (R-W.Va.) today delivered remarks during a naturalization ceremony in Charleston, W.Va. Senator Capito joined Frank Volk, Chief Judge for the U.S. District Court for the Southern District of West Virginia, and other officials where she spoke to 55 new United States citizens and their families in attendance, and helped hand out their certificates of citizenship. The new citizens represented 34 different countries.
    “From India to Brazil to the United Kingdom and elsewhere, you have come from nearly every corner of the world, united in the shared belief that in the United States your future can be anything you want it to be,” Senator Capito said to the group. “I want to thank you and your families for all the sacrifices, courage, patience, persistence, and commitment to this process. It’s both a testament to the promise of our great nation, and also to your character, in committing to America and its laws. You earned it, and I am honored to help officially welcome you, my fellow citizens, to the United States.”
    Photos from the event are included below:
    U.S. Senator Shelley Moore Capito (R-W.Va.) participates in a naturalization ceremony in Charleston, W.Va. on Friday, September 27, 2024.
    U.S. Senator Shelley Moore Capito (R-W.Va.) joins Chief Judge for the Southern District of West Virginia Frank Volk and members of the American Legion at a naturalization ceremony in Charleston, W.Va. on Friday, September 27, 2024.

    MIL OSI USA News

  • MIL-OSI USA: Ranking Member Bera Congratulates Prime Minister-elect Shigeru Ishiba, Commends Prime Minister Fumio Kishida

    Source: United States House of Representatives – Representative Ami Bera (D-CA)

    Today, U.S. Representative Ami Bera, M.D. (CA-06), Ranking Member of the House Foreign Affairs Indo-Pacific Subcommittee, extended his warm congratulations to Mr. Shigeru Ishiba on his election as the new leader of Japan’s Liberal Democratic Party (LDP) and his upcoming appointment as Prime Minister of Japan.

    “I am delighted to congratulate Shigeru Ishiba on his election as LDP leader and soon-to-be Prime Minister of Japan,” said Representative Ami Bera. “Mr. Ishiba’s extensive experience and dedication to public service make him well-suited to lead Japan into its next chapter.”

    Representative Bera also expressed his deep appreciation for outgoing Prime Minister Fumio Kishida’s contributions: 

    “I want to extend my heartfelt thanks to Prime Minister Kishida for his unwavering commitment to strengthening the U.S.-Japan alliance. I’ve had the privilege of meeting with Prime Minister Kishida during his visit to the United States in April and during my previous visits to Japan. His vision for the relationship between our two nations was truly commendable. Prime Minister Kishida’s efforts have significantly enhanced our strategic partnership and regional security cooperation.

    “As we welcome this new era in Japan’s leadership, I am confident that the strong foundation built by Prime Minister Kishida will continue to flourish under Prime Minister-elect Ishiba’s guidance. The United States looks forward to working closely with the new administration to further deepen our alliance and address global challenges together.”

    MIL OSI USA News

  • MIL-OSI China: Netanyahu insists on carrying out attacks in Lebanon, threatens Iran

    Source: China State Council Information Office 3

    Israeli Prime Minister Benjamin Netanyahu delivers a speech during the General Debate of the 79th session of the United Nations General Assembly (UNGA) at the UN headquarters in New York, on Sept. 27, 2024. Netanyahu on Friday said at the United Nations General Assembly that there would be no immediate truce in his country’s rapidly escalating conflict with Lebanon. (Xinhua/Li Rui)

    Israeli Prime Minister Benjamin Netanyahu on Friday said at the United Nations General Assembly that there would be no immediate truce in his country’s rapidly escalating conflict with Lebanon.

    “We face savage enemies who seek our annihilation, and we must defend ourselves against these savage murderers, (who) seek not only to destroy us but also destroy our common civilization and return all of us to a dark age of tyranny and terror,” he said.

    “Israel has every right to remove this threat and return our citizens to their home safely. And that’s exactly what we’re doing … we’ll continue degrading Hezbollah until all our objectives are met,” added Netanyahu.

    Meanwhile, he used a large portion of his speech to warn of threats by — and to threaten — Iran, suggesting that Israel has had to defend itself on fronts of conflict organized by Tehran.

    “There is no place in Iran that the long arm of Israel cannot reach, and that is true of the entire Middle East,” he said. “I have a message for the tyrants of Tehran: If you strike us we will strike you.”

    Israel has increased the scope of its conflict with Lebanon over the past week, launching attacks against Hezbollah that have taken out top leaders of the militant group and led to more than 600 deaths in Lebanon, according to the country’s Health Ministry. The Israel Defense Forces and Hezbollah continued to exchange fire overnight and Friday as casualties mounted. 

    MIL OSI China News

  • MIL-OSI USA: 09.27.2024 Sens. Cruz and Cornyn Introduce Protect LNG Act

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas) and John Cornyn (R-Texas) introduced the Protect LNG Act. The legislation ensures that a court cannot vacate a previously authorized LNG permit, clarifies the venue for LNG lawsuits before federal courts, and mandates that courts grant expedited decisions in relevant cases.
    Sen. Cruz said, “Texas energy producers have made the United States the largest exporter of liquefied natural gas (LNG) in the world and have created jobs for thousands of Texans. However, fringe environmental groups and politicized courts are threatening those successes, and in the process endangering the development of energy projects across the United States. The Protect LNG Act protects energy producers from these attacks.”
    Sen. Cornyn said, “As the leading producer of oil and natural gas in the nation, Texas plays a key role in supporting thousands of well-paying jobs at home and keeping the lights on across the country. This legislation will help crack down on frivolous lawsuits by left-wing climate activists who seek to weaponize our courts and threaten American energy, and I’m glad to join Sen. Cruz in halting this effort and maintaining Texas’ energy dominance.”
    The full text of the Protect LNG Act is available here.
    BACKGROUND:
    In August, the U.S. Court of Appeals for the D.C. Circuit vacated reauthorizations for the Rio Grande LNG and Texas LNG projects, threatening 7,000 jobs and undermining $24 billion in investments in the Rio Grande Valley. On September 25, 2024, Sen. Cruz sent a letter to the Chairman of the Federal Energy Regulatory Commission urging him to appeal this terrible decision.

    MIL OSI USA News

  • MIL-OSI USA: Congressman Lawler Issues Statement on Disturbing ICE Data Revealing Tens of Thousands of Illegal Immigrants with Sexual Assault And Murder Convictions Roaming U.S. Streets

    Source: United States House of Representatives – Congressman Mike Lawler (R, NY-17)

    Congressman Lawler issued the following statement after a new report from ICE revealed that there are tens of thousands of illegal immigrants with convictions for sexual assault and homicide convictions loose on American streets. The report from ICE specifically cites sanctuary city policies as “shielding dangerous criminals, who often victimize those same communities.” Of a staggering seven million illegal immigrants not in detention as of July 2024, 425,431 were convicted criminals and 222,141 had pending criminal charges.

    “As I have said again and again, sanctuary city policies are putting Americans in danger and getting people killed,” said Congressman Lawler. “We must end the madness. That’s why I have called on New York Governor Kathy Hochul to use her emergency powers to suspend New York City’s sanctuary city laws and have spearheaded efforts in Congress to both secure our border and fix our broken immigration system.”

    “The House passed the Secure the Border Act almost a year and a half ago,” Congressman Lawler continued. “I voted for that measure and in the same month I joined Republicans and Democrats to introduce the first serious, bipartisan immigration reform proposal in over a decade – the DIGNITY Act. I’m going to keep working with colleagues in both parties to reverse the reckless policies that have led to this catastrophe. It’s time for Albany, New York City, and many of my colleagues here in Washington to wake up.”

    Congressman Lawler is one of the most bipartisan members of the 118th Congress and represents New York’s 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties.

    MIL OSI USA News

  • MIL-OSI USA: Cortez Masto, Colleagues Introduce Legislation to Bolster & Keep Resources in Rural Hospitals

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senators Catherine Cortez Masto (D-Nev.), Ron Wyden (D-Ore.), Maggie Hassan (D-N.H.), and 15 Senate Democrats today introduced the Keep Obstetrics Local Act, legislation to address a rising trend of rural hospitals and hospitals in underserved areas closing their labor and delivery units with significant consequences for expectant parents, families, and their local communities.

    “Every new and expectant mom in rural Nevada should have access to high-quality maternity care,” said Senator Cortez Masto. “Our legislation will help hospitals in remote and underserved communities provide essential services to moms and their babies. I’ll continue working to ensure Nevada families can count on the care they need to stay healthy.”

    In Nevada, more than half of the counties do not have a birthing hospital. Only four out of 14 rural hospitals offer routine labor and delivery statewide. In Nye County, the largest geographic county in Nevada, there isn’t a single hospital that offers obstetric care or OB-GYNs. In Elko County, there are more than 53,000 Nevadans, but only 5 practicing OB-GYNs in 2022. Between 2012 and 2022, approximately one-quarter of all rural hospitals stopped providing obstetrics services, impacting 267 communities. This trend of closures is caused by several overlapping challenges, including the high fixed operating costs of these units, low volumes of births, and difficulties in attracting and retaining OB-trained clinical staff, all of which are made worse by inadequate reimbursement for labor and delivery services.

    The Keep Obstetrics Local Act (KOLA) would increase Medicaid payment rates for labor and delivery services for eligible rural and high-need urban hospitals, provide “standby” payments to cover the costs of staffing and maintaining an obstetrics unit at low-volume hospitals, create low-volume payment adjustments for labor and delivery services at hospitals with low birth volumes and require all states to provide postpartum coverage for women in Medicaid for 12 months, among other steps. This bill also makes sure that hospitals are required to use these additional resources to invest in the maternal healthcare needs of the local communities they serve.

    Joining Sens. Cortez Masto, Wyden and Hassan to introduce the legislation are Senators Debbie Stabenow (D-Mich.), Maria Cantwell (D-Wash.), Tom Carper (D-Del.), Ben Cardin (D-Md.), Sherrod Brown (D-Ohio), Michael Bennet, (D-Colo.), Bob Casey Jr. (D-Pa.), Mark Warner (D-Va.), Sheldon Whitehouse (D-R.I.), Elizabeth Warren (D-Mass.), George Helmy (D-N.J.), Tammy Duckworth (D-Ill.), Corey Booker (D-N.J.), Patty Murray (D-Wash.), and Jeff Merkley (D-Ore).

    A summary and section by section of the bill can be found here. The bill text is here.

    MIL OSI USA News

  • MIL-OSI Canada: Statement from Minister of Education Jeanie McLean on a new downtown Whitehorse school

    Source: Government of Canada regional news

    Minister of Education Jeanie McLean has issued the following statement:

    “Our government is exploring options to build a new school in downtown Whitehorse. In the coming months, we will be engaging with partners, stakeholders and the community to understand future needs and working to identify potential school locations.

    MIL OSI Canada News

  • MIL-OSI Canada: Outstanding recreation leaders honoured at 24th Annual Recreation Gathering

    Source: Government of Canada regional news

    Recreation leaders from across the Yukon gathered in Whitehorse from September 24 to 25 for the 24th annual Recreation Gathering, themed Reimagining Outdoor Active Recreation.

    MIL OSI Canada News

  • MIL-OSI Canada: New policy allows Yukon First Nations to offer high school credits for cultural learning

    Source: Government of Canada regional news

    The Government of Yukon has introduced the Accreditation of Yukon First Nations Traditional Knowledge, Cultural and Language Learning Policy, enabling Yukon First Nations to deliver and assess credit programs for high school students. The new policy allows students to earn elective credits toward their graduation requirements through participating in cultural, language and traditional knowledge learning activities led by Elders, Knowledge Keepers, and other community members.

    MIL OSI Canada News

  • MIL-OSI China: China aims for smooth travel during National Day holiday

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

    BEIJING, Sept. 27 — China is making multipronged efforts to ensure safe and smooth trips for passengers during the upcoming National Day holiday, the Ministry of Transport said on Friday.

    In the country, the annual National Day holiday is marked by mass family reunions and a surge in travel. This year, the country’s transport sector is expected to handle over 1.9 billion passenger trips nationwide during the week-long holiday starting on Oct. 1, said Vice Minister Li Yang during a press conference.

    This translates to a daily average of 277 million passenger trips during the holiday, a 19.4 percent increase compared to the same period in 2019, according to Li.

    Specifically, Li noted that over 80 percent of these trips are expected to be made by private vehicles, while also anticipating a rising demand for mid- and long-distance travel.

    Since 2012, China has waived tolls for passenger cars during major holidays, including the Spring Festival, the Tomb-Sweeping Day, the Labor Day and the National Day. The policy has significantly stimulated demand for holiday road trips.

    This policy will remain effective during this year’s National Day holiday to enhance passengers’ travel experience, Li said, adding that efforts will also be made to improve facilities and services at highway rest areas.

    For instance, transport authorities nationwide are accelerating the installation of charging facilities to accommodate the country’s growing number of new-energy vehicles.

    A case in point is the southwest province of Sichuan, where 98.3 percent of highway rest areas had been equipped with charging poles as of August 2024, providing an overall capacity of 190,000 kilowatts.

    Given the length of the holiday, cross-regional travel is expected to be prevalent during the period, with popular destinations including Beijing, Shanxi, Sichuan and Xinjiang, Li said.

    Fueled by the recent blockbuster video game “Black Myth: Wukong,” north China’s Shanxi has seen a phenomenal travel boom as it is home to many of the stunning locations featured in the game. Highway travel routes encompassing many of these locations, including ancient temples, towers and pagodas, have gone viral online.

    To ensure safe and smooth road transport, the local transport department has overhauled roads and transport facilities around popular tourist spots to eliminate safety risks. It has also worked with traffic bureaus to create contingency plans in case of congestion.

    At the national level, Li said that the transport ministry has provided targeted instructions for local departments nationwide on developing strategies to maximize transport capacity ahead of the tourist influx.

    In terms of public transport, efforts are underway to further streamline the ticket purchasing process, especially for the elderly and foreign passengers, Li added.

    China’s passenger transport has been robust since the beginning of this year, with nearly 44 billion passenger trips recorded during the first eight months. The figure marked a 6.1 percent increase from the same period last year, according to data from the transport ministry.

    MIL OSI China News

  • MIL-OSI China: China cuts standing lending facility interest rates

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

    BEIJING, Sept. 27 — China’s central bank on Friday reduced the standing lending facility (SLF) interest rates by 20 basis points from the July levels.

    The overnight, seven-day and one-month rates were lowered to 2.35 percent, 2.5 percent and 2.85 percent, the People’s Bank of China (PBOC) announced.

    The SLF, introduced by the central bank early in 2013, serves as a channel to meet the liquidity needs of financial institutions. These institutions can take out SLF loans from the central bank, using qualified bonds and other credit assets as collateral.

    Also on Friday, the PBOC cut the reserve requirement ratio for financial institutions by 0.5 percentage points and lowered the seven-day reverse repo interest rate by 20 basis points, enhancing policy support to solidify economic operations.

    MIL OSI China News

  • MIL-OSI Global: What White Sox owner Jerry Reinsdorf can learn from the last team to lose 120 games

    Source: The Conversation – USA – By Nick Hirshon, Associate Professor of Communication, William Paterson University

    New York Mets manager Casey Stengel and outfielder Jim Hickman celebrate after breaking their 17-game losing streak in 1962. Bettmann/Getty Images

    Bad press has engulfed Jerry Reinsdorf.

    As owner of the Chicago White Sox, Reinsdorf heads a franchise with the most single-season losses in baseball history. The White Sox also set team records with a 21-game losing streak and losses in 20 straight series. In one game, a mundane pop fly went viral after two players collided, the ball rolled away, and three runs scored. In another, the team’s second baseman was injured by a ball to the face because he wasn’t paying attention to the catcher’s throw during warmups between innings.

    Reporters have accused Reinsdorf of a “stunning” lack of accountability and “perverse revenge” against fans who want him to sell the team.

    The negative media attention isn’t surprising. When a team fails so spectacularly, sports writers inevitably take swings at the owner, with one notable exception: the last team to lose 120 games, the 1962 New York Mets.

    The Mets owner didn’t just manage to escape blame from the press.

    She became the toast of the town.

    ‘Mother of the Mets’

    Joan Whitney Payson had a decidedly elitist background. She grew up in one of the world’s wealthiest families, the benefactors of art museums and opera houses. She collected priceless paintings by the masters – Renoir, Monet, Cézanne, Matisse. Her grandfather had been secretary of state, and her brother was the U.S. ambassador to the U.K.

    But Payson did share one trait with the American working class: a love of baseball. She grew up a rabid fan of the New York Giants and eventually came to own 10% of stock in the team. Like many New Yorkers, she was crushed in 1957 when the Giants relocated to California, a move she tried desperately to prevent. That same year, the Giants’ rival, the Brooklyn Dodgers, also headed west.

    Joan Whitney Payson reads the coverage of yet another Mets loss.
    FPG/Archive Photos via Getty Images

    A city that had three thriving teams was down to just one: the Yankees, a longtime adversary that many Giants and Dodgers fans couldn’t bring themselves to root for.

    Payson gave New Yorkers another option. Three years after the Giants and Dodgers left town, Payson bought an expansion club that was set to play in Queens. Anticipation for the new team energized the city. But in 1962, the first woman to purchase a sports team – a distinction that could have made her a target of the all-male press – led the Mets to a disastrous record: 40 wins against 120 losses.

    In many ways, the 1962 Mets were worse than the 2024 White Sox. They made a whopping 210 errors; the White Sox will finish with half that many. Two Mets pitchers lost 20 games each; no one on the White Sox will come close. The White Sox outpaced the Mets in a range of categories, from doubles to stolen bases.

    I research the history of sports media, and a few years ago, I set off to find out how the press covered Payson. I figured she must have been prime fodder for the tough New York media. When I was growing up, the Yankees and Mets never sank to the depths that Payson’s team did, yet the press still rebuked Yankees owner George Steinbrenner and the Mets’ Fred Wilpon, whose ownership group bought the team from the Payson family in 1980.

    I spent many hours scanning newspapers on microfilm and digital databases. I made a trip to the Yale University archives to sift through Payson’s papers, and I combed her file at the National Baseball Hall of Fame and Museum, too.

    I was certain reporters must have zeroed in on a few of the 1962 Mets’ many failings and pinned them on the owner.

    But despite months of research, I didn’t find any negative coverage about the woman the press dubbed the “Mother of the Mets.”

    A partner of the press

    It’s much easier finding unfavorable stories about Reinsdorf. The owner of the White Sox since 1981, he is known for blowing off reporters. Even amid the national focus on the White Sox, he has not spoken to journalists for more than a year.

    Jerry Reinsdorf, right, has had a prickly relationship with the press since buying the Chicago White Sox in 1981.
    Focus on Sport/Getty Images

    Payson, meanwhile, treated the press like partners.

    The winter before her team’s inaugural season, she made an unprecedented gesture: inviting sports writers to her Manhattan duplex to help select the name of the team they would be covering. Payson wanted to go with Meadowlarks, a tribute to the team’s future home in Flushing Meadows. But the writers preferred Mets, an homage to a 19th-century New York team whose four-letter brevity worked well in headlines. In a decision that’s hard to imagine Reinsdorf making, Payson conceded to the press.

    Later, during that 17-game skid, she took out newspaper ads thanking reporters in “the most tolerant city in the nation” for dispelling the notion “that New York is a cynical sports city, settling only for a winner.”

    To be fair to the White Sox owner, Payson benefited from conditions that Reinsdorf cannot control.

    Beat writers gave Payson grace after Major League Baseball forced her to draft the Mets roster from a pool of unwanted players from other clubs. Many of those journalists had lost work in 1957 when the Dodgers and Giants decamped for California. “These were very accomplished for their times guys who suddenly didn’t have teams to cover,” Robert Lipsyte, then a cub reporter at The New York Times, told me in an oral history interview in 2020. Payson gave these underworked sports writers a chance to cover the big leagues again.

    In return, the Mets owner elicited effusive praise. In his book “Can’t Anybody Here Play This Game?” journalist Jimmy Breslin wrote that Payson “could be the best person to come into baseball in our time.”

    No one at the Chicago Tribune or Sun-Times makes the same lofty claim for Reinsdorf.

    Knives out?

    After her team’s 120-loss campaign, Payson entered the offseason as a media darling. The press appreciated her good nature and accessibility for interviews even as the Mets floundered.

    In comparison, Reinsdorf’s combination of on-field futility and off-field coolness to the Chicago media has assured him a spot in the annals of infamy.

    With two and a half weeks to go in the season, Reinsdorf put out a statement acknowledging “this year has been very painful for all” and promising that he will “have more to say at the end of the season.”

    At this point, what Reinsdorf says probably won’t matter much. Rather than learning from Payson’s approach, he has made it easy for the press to cast him as a villain.

    Nick Hirshon 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 White Sox owner Jerry Reinsdorf can learn from the last team to lose 120 games – https://theconversation.com/what-white-sox-owner-jerry-reinsdorf-can-learn-from-the-last-team-to-lose-120-games-238403

    MIL OSI – Global Reports