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Category: AM-NC

  • MIL-OSI Africa: Rushing or delaying decisions is linked to anxiety and depression in young people – study

    Source: The Conversation – Africa – By Eugene Lee Davids, Associate Professor, University of Pretoria

    Each day we make thousands of decisions, starting with what to have for breakfast and what to wear. We make so many decisions that we don’t keep count.

    But it’s important to understand the way we make choices. This is because the approach we take can influence our mental health.

    Over the last eight years, I’ve been researching how young people (15-25) make decisions – especially decisions that have an impact on their mental health. Mental health is a major health and social concern, shaping the lives of young people globally.

    In a recent study, I looked at whether decision-making styles contribute to anxiety and depression among young adults in South Africa.

    One style of making decisions is to evaluate all the possible options and choose the one that would lead to the best outcome. This is called vigilant decision-making.

    The second approach is to make “rushed” decisions, or to put off making a decision.

    I found that vigilant decision makers typically had lower anxiety and depression symptoms. Young adults who put off or rushed their decisions had more anxiety and depression symptoms.

    In the total study group, 37.3% were at risk of a diagnosis for major depressive disorder and 74.2% were at risk for anxiety disorder. These risks were high because rushed or delayed decision makers made up a big share of the total group.

    Understanding the impact of decision-making on mental health helps us recognise whether our choices support or undermine emotional well-being.

    High stress levels

    My research study included 1,411 young South Africans from eight of the country’s nine provinces. They each completed an online questionnaire which measured how they made decisions together with their levels of anxiety and depression symptoms. The types of questions asked included how they would rate statements such as “I like to consider all the alternatives” or “I put off making decisions”.

    The young people in the study were in a stage of development called “emerging adulthood” – between the ages of 18 and 29. Young people in this age group experience high levels of stress and uncertainty, often because of their changing role in society. They are deciding which career path to follow or taking on more adult-like roles.

    Participants in the study were at a stage of life when they could easily develop a disorder. Many mental health disorders start to develop by the age of 15. But it is estimated that by age 25 close to 63%-75% of mental health disorders would be present.

    When a person has to make a decision, time plays a big role. It can influence whether the person uses a vigilant style or a rushed approach. And that approach, in turn, can reduce or create anxiety.

    For example, if a young person needs to decide what contraceptive to use, and they have the time do a thorough search of all the possible contraceptive options and are optimistic about finding the best one, they can arrive at a decision which will be the best for them. The young person is able to evaluate all the possible options without any stress or concern about time.

    But when a concern about time arises and it results in a more rushed decision, or when a decision is delayed for a later stage because of the pressure, it is likely to lead to an increase in anxiety and depression symptoms. The decision of what degree to pursue at university, while the deadline for applying is looming, is an example.

    In the study, an advanced statistical analysis technique was used to look at the links between styles of decision-making and anxiety and depression symptoms. Using this analysis technique I was able to predict which of the styles of decision-making were linked with the anxiety and depression symptoms among the young people in the study.

    Steps to take when making decisions

    Having time on your side often allows for better choices. So it’s worth looking at some useful steps when making decisions:

    1. Identify the problem or situation clearly.

    2. Brainstorm all the possible solutions or options available.

    3. Research the pros and cons of each solution or option.

    4. Determine which of the solutions or options would result in the best outcome for you, based on the problem or situation.

    5. Then, if you are still uncertain, you could consult someone you trust and who has made good decisions previously.

    These five steps are similar to the vigilant decision-making style.

    Looking forward

    Globally, there is a gap in our understanding of mental health among young people. Studying how they make decisions allows researchers to better understand how their choices shape their mental health. It’s then possible to develop programmes that support decision-making that leads to positive mental health outcomes.

    It’s even more important today, when big trends such as the impact of climate change and the (unsafe) digital world are affecting mental health.

    – Rushing or delaying decisions is linked to anxiety and depression in young people – study
    – https://theconversation.com/rushing-or-delaying-decisions-is-linked-to-anxiety-and-depression-in-young-people-study-237516

    MIL OSI Africa –

    January 23, 2025
  • MIL-OSI Global: Rushing or delaying decisions is linked to anxiety and depression in young people – study

    Source: The Conversation – Africa – By Eugene Lee Davids, Associate Professor, University of Pretoria

    Each day we make thousands of decisions, starting with what to have for breakfast and what to wear. We make so many decisions that we don’t keep count.

    But it’s important to understand the way we make choices. This is because the approach we take can influence our mental health.

    Over the last eight years, I’ve been researching how young people (15-25) make decisions – especially decisions that have an impact on their mental health. Mental health is a major health and social concern, shaping the lives of young people globally.

    In a recent study, I looked at whether decision-making styles contribute to anxiety and depression among young adults in South Africa.

    One style of making decisions is to evaluate all the possible options and choose the one that would lead to the best outcome. This is called vigilant decision-making.

    The second approach is to make “rushed” decisions, or to put off making a decision.

    I found that vigilant decision makers typically had lower anxiety and depression symptoms. Young adults who put off or rushed their decisions had more anxiety and depression symptoms.

    In the total study group, 37.3% were at risk of a diagnosis for major depressive disorder and 74.2% were at risk for anxiety disorder. These risks were high because rushed or delayed decision makers made up a big share of the total group.

    Understanding the impact of decision-making on mental health helps us recognise whether our choices support or undermine emotional well-being.

    High stress levels

    My research study included 1,411 young South Africans from eight of the country’s nine provinces. They each completed an online questionnaire which measured how they made decisions together with their levels of anxiety and depression symptoms. The types of questions asked included how they would rate statements such as “I like to consider all the alternatives” or “I put off making decisions”.

    The young people in the study were in a stage of development called “emerging adulthood” – between the ages of 18 and 29. Young people in this age group experience high levels of stress and uncertainty, often because of their changing role in society. They are deciding which career path to follow or taking on more adult-like roles.

    Participants in the study were at a stage of life when they could easily develop a disorder. Many mental health disorders start to develop by the age of 15. But it is estimated that by age 25 close to 63%-75% of mental health disorders would be present.

    When a person has to make a decision, time plays a big role. It can influence whether the person uses a vigilant style or a rushed approach. And that approach, in turn, can reduce or create anxiety.

    For example, if a young person needs to decide what contraceptive to use, and they have the time do a thorough search of all the possible contraceptive options and are optimistic about finding the best one, they can arrive at a decision which will be the best for them. The young person is able to evaluate all the possible options without any stress or concern about time.

    But when a concern about time arises and it results in a more rushed decision, or when a decision is delayed for a later stage because of the pressure, it is likely to lead to an increase in anxiety and depression symptoms. The decision of what degree to pursue at university, while the deadline for applying is looming, is an example.

    In the study, an advanced statistical analysis technique was used to look at the links between styles of decision-making and anxiety and depression symptoms. Using this analysis technique I was able to predict which of the styles of decision-making were linked with the anxiety and depression symptoms among the young people in the study.

    Steps to take when making decisions

    Having time on your side often allows for better choices. So it’s worth looking at some useful steps when making decisions:

    1. Identify the problem or situation clearly.

    2. Brainstorm all the possible solutions or options available.

    3. Research the pros and cons of each solution or option.

    4. Determine which of the solutions or options would result in the best outcome for you, based on the problem or situation.

    5. Then, if you are still uncertain, you could consult someone you trust and who has made good decisions previously.

    These five steps are similar to the vigilant decision-making style.

    Looking forward

    Globally, there is a gap in our understanding of mental health among young people. Studying how they make decisions allows researchers to better understand how their choices shape their mental health. It’s then possible to develop programmes that support decision-making that leads to positive mental health outcomes.

    It’s even more important today, when big trends such as the impact of climate change and the (unsafe) digital world are affecting mental health.

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

    – ref. Rushing or delaying decisions is linked to anxiety and depression in young people – study – https://theconversation.com/rushing-or-delaying-decisions-is-linked-to-anxiety-and-depression-in-young-people-study-237516

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Russia: Six Ivolga trains purchased for MCD-3 as part of infrastructure budget lending

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    This year, the city purchased six Russian Ivolga trains for the Moscow Central Diameters (MCD), including the most modern three-door Ivolga 4.0 trains. Infrastructure budget loans were used for these purposes, Maria Bagreeva, Deputy Mayor of Moscow, Head of the Moscow Department of Economic Policy and Development.

    The infrastructure budget lending program is being implemented within the framework of the federal project “Infrastructure Menu”. Funds are provided for a period of up to 15 years at a preferential rate of three percent per annum. The program is aimed at financing the creation of infrastructure facilities in the regions.

    “Loans are issued for important infrastructure development projects that help create conditions for business operations, improve the quality of life for citizens, and promote economic growth both in the regions and throughout the country. Moscow is using the opportunities of preferential infrastructure lending to upgrade the rolling stock of the Big Circle Line of the metro and the Moscow Central Diameters — the largest transport projects in the capital. Their implementation has increased the attractiveness of the city’s districts, contributed to the influx of investment into the Moscow economy, and created additional jobs,” said Maria Bagreeva.

    The total volume of infrastructure loans approved for Moscow is 106.72 billion rubles. The 2022–2024 limits have already been fully used. These funds were used to purchase 26 trains for the Moscow Central Diameters and 468 carriages for the Big Circle Line of the metro.

    “A modern and comfortable train is an important component of a comfortable trip. On the instructions of Sergei Sobyanin, we continue to gradually update the rolling stock on new diameters. From Zelenograd to Ramenskoye on MCD-3, only Ivolga trains are already running, we will fully complete the renewal of the train fleet on this diameter by the end of the year, and on MCD-4 we plan to do so in 2025,” said Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    Moscow is the country’s largest customer of trains. Concluding long-term contracts for the supply of modern rolling stock allows machine builders to plan work for several years ahead.

    About 50 thousand employees of 600 enterprises across the country are involved in the production of Ivolga 4.0. This composition is a domestic flagship, the localization level of which has reached 97 percent.

    The new generation train “Ivolga 4.0” has entered service on the MCD line – Sobyanin

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

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

    https://vvv.mos.ru/nevs/item/144991073/

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

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI Security: COMLOG WESTPAC Holds Award Ceremony, October 3, 2024 [Image 4 of 4]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    SINGAPORE (October 3, 2024) Rear Adm. Todd Cimicata, Commander, Logistics Group Western Pacific/Task Force 73 (COMLOG WESTPAC), left, presents a Flag Letter of Commendation (FLOC) to Yeoman 2nd Class Jasilynn Lopez, temporarily assigned to COMLOG WESTPAC, during an awards ceremony on Sembawang Naval Installation (SNI), Oct. 3, 2024. COMLOG WESTPAC supports deployed surface units and aircraft carriers, along with regional Allies and partners, to facilitate patrols in the South China Sea, participation in naval exercises and responses to natural disasters. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 10.02.2024
    Date Posted: 10.09.2024 02:07
    Photo ID: 8686908
    VIRIN: 241003-N-ED646-1181
    Resolution: 8256×5504
    Size: 8.4 MB
    Location: SG

    Web Views: 1
    Downloads: 0

    PUBLIC DOMAIN  

    This work, COMLOG WESTPAC Holds Award Ceremony, October 3, 2024 [Image 4 of 4], by PO2 Moises Sandoval, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.

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    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Asia-Pac: Maintenance mediation scheme set

    Source: Hong Kong Information Services

    The Home & Youth Affairs Bureau today announced the launch of the Maintenance Mediation Pilot Scheme to assist the parties concerned to resolve disputes on the related matters through mediation rather than court proceedings.

    Launched through the Community Care Fund, the scheme subsidises a non-governmental organisation to provide mediation services on maintenance to people in need, offering an alternative way for maintenance payers and payees to settle disagreements other than court proceedings.  

    Parties involved in maintenance payment disputes are eligible to apply for the pilot scheme free of charge, provided that one of the parties is a Hong Kong resident and meets the income limit.

    The bureau noted that this can encourage maintenance payers in default of payment to engage in mediation.

    The three-year pilot scheme is expected to process a total of 1,200 cases, benefitting 2,400 separating or divorcing persons.

    Based on the Hong Kong Family Welfare Society (HKFWS)’s extensive experience and well-established network in relation to the relevant mediation services and publicity work, the bureau has appointed HKFWS as the service operator of the pilot scheme.

    Call 2561 9229 for enquiries.

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Security: PP24-2 COM-FSM Visit [Image 11 of 15]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    240909-N-BB269-1271
    YAP, Federated States of Micronesia (Sept. 9, 2024) – U.S. Navy Rear Adm. Todd Cimicata, commander, Logistics Group Western Pacific/Task Force 73, center, receives a guided tour of the College of Micronesia-Fisheries and Maritime Institute during a campus visit with Pacific Partnership 2024-2 mission personnel in Yap, Federated States of Micronesia, Sept. 9, 2024. Now in its 20th iteration, the Pacific Partnership series is the U.S. Navy’s largest annual multinational humanitarian assistance and disaster relief preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Chief Mass Communication Specialist Raymond D. Diaz III/Released)

    Date Taken: 09.09.2024
    Date Posted: 10.01.2024 02:12
    Photo ID: 8670648
    VIRIN: 240909-N-BB269-1271
    Resolution: 5982×3992
    Size: 988.9 KB
    Location: FM

    Web Views: 2
    Downloads: 0

    PUBLIC DOMAIN  

    This work, PP24-2 COM-FSM Visit [Image 15 of 15], by CPO Raymond Diaz III, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.

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    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Security: COMLOG WESTPAC Holds Award Ceremony, October 3, 2024 [Image 1 of 4]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    SINGAPORE (October 3, 2024) Rear Adm. Todd Cimicata, Commander, Logistics Group Western Pacific/Task Force 73 (COMLOG WESTPAC), left, presents the award of the Military Outstanding Volunteer Service Medal to Yeoman 1st Class Jamal Thompson, assigned to COMLOG WESTPAC, during an awards ceremony on Sembawang Naval Installation (SNI), Oct. 3, 2024. COMLOG WESTPAC supports deployed surface units and aircraft carriers, along with regional Allies and partners, to facilitate patrols in the South China Sea, participation in naval exercises and responses to natural disasters. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 10.02.2024
    Date Posted: 10.09.2024 02:07
    Photo ID: 8686905
    VIRIN: 241003-N-ED646-1126
    Resolution: 7622×5081
    Size: 6.63 MB
    Location: SG

    Web Views: 1
    Downloads: 0

    PUBLIC DOMAIN  

    This work, COMLOG WESTPAC Holds Award Ceremony, October 3, 2024 [Image 4 of 4], by PO2 Moises Sandoval, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.

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    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Australia: Paid Family and Domestic Violence leave helping workers cope in crisis

    Source: Australian Ministers for Social Services

    9 October 2024

    Joint with:

    Senator the Hon Katy Gallagher
    Minister for Women
    Senator for the Australian Capital Territory
     

    The Hon Amanda Rishworth MP
    Minister for Social Services
    Member for Kingston
     

    Senator the Hon Murray Watt
    Minister for Employment and Workplace Relations
    Senator for Queensland  

    An independent statutory review of the Albanese Government’s paid family and domestic violence leave has found the program is succeeding in supporting the financial security of those escaping or experiencing violence.

    The Government has today tabled the review of the Fair Work Amendment (Paid Family and Domestic Violence Leave) Act 2022 in the Parliament. This was the first of several pieces of legislation passed by the Albanese Government to increase the wages and conditions of working Australians.

    Paid Family and Domestic Violence Leave entitles all employees experiencing family and domestic violence to 10 days of paid leave each year. This includes full-time, part-time and casual employees.

    The review found that of the workers who had taken paid family and domestic violence leave, 91 per cent surveyed said it helped them maintain their income, and 89 per cent said it helped them to retain their employment.

    The reform particularly supports women, who are overrepresented as victim-survivors of domestic and family violence.

    The 2021-22 Personal Safety Survey conducted by the Australian Bureau of Statistics found that 1 in 4 women in Australia have experienced violence by an intimate partner, compared to 1 in 14 men.

    The review, conducted by Flinders University, found the legislation was “life changing” for those who accessed it and that there was broad stakeholder support from both employers and unions.

    A total of 12 findings and five recommendations resulted from the review. The most notable, was there should be a focus on increasing awareness and understanding of the leave entitlement through communities and workplaces.

    Flinders University found that further work is needed to ensure all employers and employees are aware of the entitlement to family and domestic violence leave.

    It also found that ongoing stigma around family and domestic violence was a barrier to workers accessing the leave.

    The Albanese Government will now carefully consider the review’s final report and recommendations, as part of our ongoing work to deliver secure jobs, better pay and safer workplaces for all Australians.

    The full report can be viewed here.

    Quotes attributable to Minister for Women, Katy Gallagher:

    “Australian women experience unfathomably high rates of domestic, family and sexual violence, and this is something the Albanese Government is determined to change.”

    “We legislated 10 days of paid family and domestic violence leave because no one should have to choose between their job and their safety.

    “We want to ensure that women are not trapped in a violent relationship because they can’t afford to leave.”

    Quotes attributable to Minister for Social Services, Amanda Rishworth:

    “No one should ever be put in a situation where they must choose their financial security or their safety.”

    “We know the experiences of those who are escaping or experiencing family and domestic violence can be absolutely crippling. Legislating paid leave for those in the midst of violence, undoubtedly has saved lives.

    “Along with states and territories, our Government is committed to ending violence against women and children within a generation. It’s something I as Minister have worked on every day since coming to Government.”

    Quotes attributable to Minister for Employment and Workplace Relations, Murray Watt:

    “The review has shown that the legislation is acting as intended – ensuring workers do not have to choose between their safety and their pay cheque.”

    “Financial independence is critical in helping women to leave or respond to violence, and this entitlement saves lives, plain and simple.

    “This leave entitlement is one of a number of measures taken by the Albanese Government to ensure Australians have secure jobs, better pay and safer workplaces.”

    MIL OSI News –

    January 23, 2025
  • MIL-OSI Australia: Universities Accord (National Student Ombudsman) Bill 2024

    Source: Australian Ministers for Education

    Deputy Speaker – this Bill is long overdue. 

    This Bill amends the Ombudsman Act 1976 to establish a National Student Ombudsman.

    This is a first.

    A dedicated, national body to handle student complaints within our higher education system.

    The National Student Ombudsman will have the powers:

    • To investigate complaints about a broad range of issues;
    • To bring parties together to resolve those issues, including offering restorative engagement processes and alternative dispute resolution where appropriate;
    • To make findings and recommendations on what actions universities should take; and
    • To monitor the implementation of those recommendations.

    It will also have strong investigative powers, similar to those of a Royal Commission, they include:

    • To require a person or university to provide information, documents or other records relevant to an investigation;
    • To enter premise of a university as part of an investigation; and
    • To require a person to attend and answer questions before the Ombudsman.

    The Ombudsman is another recommendation of the Universities Accord which the Government is turning into a reality.

    As I said when I introduced this Bill, the Ombudsman will be independent, impartial and will provide a vastly improved complaints mechanism.

    And it will go further than addressing gender-based violence in universities.

    It will be able to consider and address a broad range of complaints made by students about the actions of their university.

    For example, complaints about a university’s handling of a student safety and welfare matter, where a student is subjected to homophobia, antisemitism, Islamophobia or other forms of racism or discrimination on campus.

    Can I thank all Members who’ve contributed to this debate including: 

    • Minister for Social Services 
    • Member for Goldstein 
    • Member for Bradfield
    • Member for Kooyong 
    • Member for Wentworth
    • Member for Chisholm
    • Member for Riverina 

    And can I thank the Opposition for their support for this Bill.

    The Opposition has foreshadowed a second reading amendment. The Government is not in a position to support that and I add to the record an explanation why. 

    The rules for the National Student Ombudsman are currently being drafted by the Attorney-General’s Department and will be completed prior to the commencement of the National Student Ombudsman. 

    These rules will be able to prescribe certain matters related to the National Student Ombudsman’s exercise of its powers and functions. 

    Among other things, the Bill specifically allows for the rules to prescribe the Commonwealth, state and territory bodies that can transfer complaints to the National Student Ombudsman and matters that are or are not excluded actions.

    Deputy Speaker I’d also like to thank in conclusion, the organisations and advocates who have worked with me and my Department to help make this change a reality.

    They include:

    • Sharna Bremner from End Rape on Campus;
    • Camille Schloeffel from the Stop Campaign;
    • Renee Carr from Fair Agenda; and  
    • Dr Allison Henry

    We are only here because of their tireless work. 

    Australia is the best country in the world but the truth is it can be a lot better and a lot fairer. 

    And that’s what these reforms are about. 

    It’s what this Bill is about. 

    And I commend it to the House.

    MIL OSI News –

    January 23, 2025
  • MIL-OSI Asia-Pac: 113th R.O.C (Taiwan) National Day Dinner hosted by the Double Tenth Celebration Committee

    Source: Republic Of China Taiwan 2

    Director General David Cheng-Wei Wu, Mrs. Vicki Wu and TECO staff attended the 113th R.O.C (Taiwan)National Day Dinner Event hosted by the Double Tenth Celebration Committee, with over 400 guests including friends from NSW State Parliament, city councils and Taiwanese communities.
    DG Wu extended his gratitude for the support and effort of the Committee and Taiwanese communities. The theme of this year’s celebration, “Peace, Friendship and Innovation”—perfectly aligns with Taiwan’s roadmap for development and the vision for the future.
    Taiwan is eager for peace and stability, because we know the military conflict is against the benefits of the universe. We thank Australian government and friends in keeping steadfast support for Taiwan and opposing any unilateral change of the status quo of Taiwan Strait. As an innovation powerhouse and vibrant democracy, Taiwan plays a vital role in global supply chains. Taiwan will continue to work with Australia to protect our democratic system and shared values. DG Wu also thanked Communities’ support and attendance of our National Day Reception on Thursday. The impressive turnout reflected Australian friends’ unwavering support and appreciation.
    The guest speakers recoginized the great contribution and active engagement of Taiwanese communities, which enriches the multicultural harmony of Australian society. They all look forward to more collaborations between Australia and Taiwan to benefit both sides.
    Besides the Taiwanese business and artwork display, exhibition of Taiwan indigenous literature and amazing performances. DG Wu also witnessed the charity donation of AUD 6,000 to the Smith Family, which highlights Taiwan’s role as a force for good in the world.

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem

    Source: Hong Kong Government special administrative region

    FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem
    FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem
    ******************************************************************************************

         The Financial Services and the Treasury Bureau (FSTB) announced today (October 9) the establishment of Hong Kong Family Office Nexus, a strategic collaboration between the FSTB and Bloomberg L.P. (Bloomberg) with the goal of attracting family offices from around the world to establish or expand their presence in Hong Kong and reinforcing the city’s status as a leading global asset and wealth management hub.      The strategic collaboration was forged following a pivotal meeting in New York this April between the Secretary for Financial Services and the Treasury, Mr Christopher Hui, and the Founder of Bloomberg L.P. and Bloomberg Philanthropies, Mr Michael Bloomberg. Their discussions centred on Hong Kong’s policy initiatives to transform the city into a global hub for family offices and philanthropic activities, and how the two parties shall collaborate to further the efforts.      The partnership with Bloomberg will focus on four key pillars, namely community building, knowledge sharing, technology support and philanthropic collaboration. The FSTB, together with Invest Hong Kong (InvestHK) and the Hong Kong Academy for Wealth Legacy (HKAWL), will collaborate with Bloomberg on various initiatives to bolster Hong Kong’s family office ecosystem.      Mr Hui said, “Michael and I share a common vision to develop Hong Kong into a global centre for family offices and philanthropists. His insights, together with Bloomberg’s extensive international reach and its expertise in financial data and technology, will be invaluable to further enhance Hong Kong’s appeal to family offices worldwide. It is our great pleasure to partner with Bloomberg to reinforce Hong Kong’s enduring strength as an international financial hub and showcase our commitment to fostering further development and innovation in wealth management and charitable giving. We look forward to working closely with Bloomberg to create an environment where family offices and philanthropic initiatives will thrive.”      The Head of Asia Pacific, Bloomberg, Mr Bing Li, said, “Hong Kong is one of the world’s most compelling family office destinations, with a distinct combination of expertise, regulatory settings and deep financial markets. The Hong Kong Government has a clear goal to grow Hong Kong as a world-class family office hub, and Hong Kong Family Office Nexus seeks to equip that group with the tools and support they need to succeed here. Bloomberg is proud to contribute to the long-term development of Hong Kong’s family office community.”      Titled “Hong Kong Family Office Nexus”, the partnership will encompass the following four key pillars and components: 1. Community Building: The involved parties will co-organise seminars for family office industry professionals covering topics of interest, including impact investing and alternative asset allocation. Bloomberg will also establish a dedicated digital content hub, the Hong Kong Family Office Nexus Knowledge Hub, to host information related to Hong Kong’s family office sector for ongoing community building. It will be available to the Hong Kong family office community in the coming months; 2. Knowledge Sharing: Bloomberg will curate a family office guidebook, providing guidance on setting up family offices in Hong Kong and introducing relevant policy initiatives, such as tax concessions offered and the New Capital Investment Entrant Scheme; 3. Technology Support: Bloomberg will support InvestHK’s family office clients by offering access to Bloomberg’s suite of family office solutions, including Bloomberg Terminal trials, a range of financial and alternative data, and opportunities to learn from Bloomberg’s global network of experts. Bloomberg will also join InvestHK’s Network of Family Office Service Providers, contributing insights and expertise on the latest trends of technology solutions for the family office sector; and 4. Philanthropic Collaboration: The HKAWL will collaborate with Bloomberg Corporate Philanthropy on opportunities for family offices and high-net wealth individuals to engage in Hong Kong’s philanthropic community.      In addition, Bloomberg will introduce a new summit in Hong Kong focused on wealth management in March 2025. This event will complement and amplify the impact of the FSTB’s annual flagship event, the Wealth for Good in Hong Kong Summit (WGHK).  Strategically scheduled to coincide with WGHK 2025, this collaborative effort aims to create synergy, sustaining and building upon the growing momentum in Hong Kong’s family office sector. The dual summits will offer an unparalleled platform for family office principals and professionals to exchange insights, explore opportunities, and shape the future of wealth management in the region. Other initiatives of Hong Kong Family Office Nexus will commence in phases in late 2024.      The Director-General of Investment Promotion, Ms Alpha Lau, said, “We believe that the additional content on Bloomberg’s extensive platforms regarding Hong Kong’s family office sector will complement InvestHK’s efforts in showcasing Hong Kong’s vibrant family office ecosystem to our global audience. We look forward to collaborating with Bloomberg during the extended week at next March’s Wealth for Good in Hong Kong Summit to amplify industry impact and highlight the city’s status as a leading family office hub.”      The Executive Director of the Financial Services Development Council, Dr King Au, said, “We are taking a significant step in enhancing our city’s family office ecosystem. This collaboration underscores our commitment to solidifying Hong Kong as a premier destination for family offices globally, fostering innovation, knowledge sharing, and philanthropy. We aim to create a vibrant community that attracts and supports family offices, driving sustainable growth and bolstering Hong Kong’s status as a leading international financial hub.” 

     
    Ends/Wednesday, October 9, 2024Issued at HKT 15:00

    NNNN

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Taiwan Tamkang University President Dr. Huan-Chao Keh and his team visited TECO

    Source: Republic Of China Taiwan 2

    Taiwan’s Tamkang University President Dr. Huan-Chao Keh led the dream AI team to Australia and paid a visit to Director General David Cheng-Wei Wu.
    President Keh shared his observations regarding the capacity of Taiwan’s Hi-tech and AI, international student exchange and mandarin learning programs, and future development of Taiwan’s advanced education.
    Worth mentioning is Tamkamg’s College of Artificial Innovative Intelligence is recognised by AI industry since it is the only university member invited to join the “Taiwan AI Alliance” and serves as a co-organizer.

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN attends the Plenary Session of the 44th ASEAN Summit in Vientiane, Lao PDR

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, attended the Plenary Session of the 44th ASEAN Summit held at the National Convention Center in Vientiane, Lao PDR today. SG Dr. Kao reported on the progress of ASEAN Community-building in 2024 to the ASEAN Leaders and highlighted the key deliverables of Lao PDR’s ASEAN Chairmanship under the theme “Enhancing Connectivity and Resilience”.

    The post Secretary-General of ASEAN attends the Plenary Session of the 44th ASEAN Summit in Vientiane, Lao PDR appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI United Kingdom: UK’s world-class film sector handed major jobs and growth boost by tax reliefs

    Source: United Kingdom – Executive Government & Departments

    Film and the creative industries to form key part of government’s mission to grow the economy in all parts of the UK

    • Independent film productions costing up to £15 million to benefit from an increased tax relief of 53%
    • Move will empower UK filmmakers to create more independent films and co-produce with other countries

    The next generation of indie films have been handed a major boost by the government with the introduction of a tax relief uplift, which will create jobs and drive growth by making more British hits like Aftersun and Billy Elliot possible.

    The Independent Film Tax Credit (IFTC), confirmed today by the Chancellor and Culture Secretary as the London Film Festival gets underway, will mean that for the first time productions with a budget up to £15 million will be eligible for a relief of 53% on qualifying expenditure. Films with a budget up to £23.5 million are also eligible for the IFTC and the relief will be tapered.

    The creative industries are a key part of the economy, generating £125 billion a year, and form a central part of the Government’s mission to grow the economy. The UK film sector is already worth £1.36 billion and employs more than 195,000 people, with the potential to grow further thanks to these reliefs.

    British indie films like Rye Lane, Rocks, Bait and Pride tell award-winning stories about our country, celebrating parts of our culture that often get less exposure. This relief will allow more stories like these to be told, enabling more people to see their lives and experiences reflected on screen.

    To support the Government’s commitment on more distinctly home-grown content and talent, for films to meet the criteria for this new relief, they must have a UK writer or director, or be certified as an official UK co-production.

    The announcement comes ahead of the government’s International Investment Summit next Monday which will gather UK leaders, high-profile investors and businesses from across the world to discuss how we can deepen our partnership to drive investment and growth, including in the creative industries.

    The new measures are the latest in a series of interventions from the government to drive growth, which is creating the conditions for confident investment and trusted partnership with business. From major investment in carbon capture to securing billions in investment from Blackstone and Amazon Web Services, this government is committed to working hand in hand with business to drive growth and investment across many sectors.

    Culture Secretary Lisa Nandy said:

    The UK’s first-class independent filmmakers have a track record of creating cult classics and surprise hits that are enjoyed by millions. Their films showcase British culture and creativity to the world while also supporting thousands of jobs and driving economic growth in all parts of the UK.

    These reliefs will pay dividends both culturally and economically, inspire the next generation of talent across the country, deliver more great British content, and sustain a world-leading industry here in the UK.

    Chancellor of the Exchequer, Rachel Reeves, said:

    The creative industries are a crucial part of our economy, and this change will help strengthen them further.

    By supporting growth in this vibrant sector, we can create jobs and continue to show Britain at its best around the world.

    Faye Ward, producer, Rocks, Suffragette, Stan & Ollie, Wild Rose, said:

    We have a tremendous history of filmmaking and talent in Britain. The indie sector is the main pathway for new and original voices and talent to enter into the industry. It’s imperative that we continue telling and making UK stories for which this enhanced tax relief is vital for our industry.

    Amy Jackson, producer of Oscar-nominated Aftersun, The Outfit and The End We Start From, said:

    This is a vital intervention for the UK industry, which I wholeheartedly welcome. Making British indie films is tough, but this enhanced tax relief means that as a producer I now have crucial support to explicitly focus on bringing incredible stories by British talent to the big screen while building out exciting co-production opportunities. The IFTC will make UK indie film a more attractive investment prospect for international partners and co-producers facilitating more creative collaboration and bringing much needed backing to the independent sector across the board.

    BFI Chair Jay Hunt said:

    The speed with which the Government has turned this around shows how vital this intervention is for independent film. It will have a game changing impact across the whole UK screen sector – creatively and economically.

    Ben Roberts, BFI Chief Executive, said: 

    This is great news for UK film and is already having a positive impact across our industry. More films can now be made in the UK that audiences at home and internationally will get to enjoy. Independent filmmaking is vital to our cultural expression and creativity, it builds careers for talent in front of and behind the camera, and also showcases UK creative excellence on a world stage. We’re grateful to Government, the DCMS and the industry for working together to establish this transformative tax relief uplift where it is most needed.

    Andrew M Smith, Corporate Affairs Director, Pinewood Group, said:

    Pinewood is synonymous with great filmmakers of the past and present and independent film has been at our heart since the Studios opened in 1936. This tax relief is fantastic news for the industry as a whole and will bring an injection of support to further nurture the groundbreaking talent of the future and bring a greater diversity and range of stories to our screens.

    Elizabeth Karlsen, producer, Living, Carol, Colette and The Crying Game, said:

    Based on three decades working in independent film in the UK I can say with absolute confidence that this new support for British independent film will be felt far and wide; it will help us nurture new talent, support established talent, and ensure our global reputation for producing outstanding cinema. The creative and economic benefits will be felt through the industry and beyond.” 

    Hakan Kousetta, executive producer, Slow Horses, Hijack and The Essex Serpent, said:  

    Delighted to welcome this vital support for the British independent sector. A thriving independent film sector is a key part of the industry’s ecology. It’s where myself and many others started our careers and is essential if we are to continue to produce some of the world’s best screen talent both behind and in front of the camera.”  

    While the last few years have been challenging, in part because of the end of the pandemic streaming boom and US writers’ strikes halting productions, in recent decades the UK’s film industry has enjoyed strong growth. Tax incentives for film, first introduced in 2007, helped to bring the production of blockbusters to Britain, but the government is ambitious that it can grow further.

    While major film production has flourished, smaller independent films have not received sufficient support. The tax credits uplift announced today will help the independent film sector reach its full potential, creating jobs and contributing to driving economic growth across the country.

    ENDS 

    Notes to editors:

    Productions qualifying for the relief must have started principal photography on or after 1 April 2024, and only expenditure incurred on or after 1 April 2024 can be claimed.

    The statutory instruments will be laid on 9 October and will take effect from 30 October, which is the date from which the BFI certification unit can begin accepting applications.

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    Published 9 October 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Russia: Investor to build sports and fitness complex in Troitsk

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The investor will build a sports and fitness complex in the Troitsk district. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The facility will be a one-story building with an area of 2.5 thousand square meters. There will be a gym for strength training with an area of 800 square meters, and large halls for boxing and weightlifting will be located here. Construction of the sports complex began this year, and it is planned to be built in 2025,” Vladimir Efimov noted.

    The work is being carried out at the site located at the address: block 34, land plot No. 18. In addition to the gyms, the building will house coaching rooms, a medical center, women’s and men’s locker rooms with showers, and a security room. A sports nutrition and equipment store and a cafeteria will be opened on the territory. Guest parking will be located next to the complex.

    “In the Troitsk district, this will be the third major facility where you can do sports. For outdoor activities, there is the Prirodny Park with an area of 14 hectares. Much attention is paid to sports here. The park’s infrastructure includes workout areas, a football field, a hockey rink, a skate park, paths for cycling, running and Nordic walking. Also, a chain sports club with an area of 1.5 thousand square meters has been opened for training in the new shopping center,” added the head of the Department for the Development of New Territories of the City of Moscow.

    Vladimir Zhidkin.

    The Moscow State Construction Supervision Committee issued a permit for the construction of a sports building in early July 2024. The developer immediately began work. Chairman of the Moscow State Construction Supervision Committee Anton Slobodchikov noted that the construction of the sports complex, which is being built on a land plot of 0.5 hectares, will be supervised by the committee’s inspectors at all stages. In accordance with the approved program of on-site inspections, the first of them is scheduled for December of this year.

    Special attention is paid to the development of sports infrastructure in TiNAO. Facilities are being built both at the expense of funds allocated in the Address Investment Program of the city of Moscow and with the involvement of investors.

    Previously Sergei Sobyanin said on the development of social infrastructure in TiNAO.

    Sobyanin: 15 sports facilities will be built and reconstructed in Moscow this year

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

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

    https://vvv.mos.ru/nevs/item/145020073/

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI United Kingdom: All MSPs urged to back Green motion on free bus travel for people seeking asylum

    Source: Scottish Greens

    09 Oct 2024 Transport

    Free bus travel for people seeking asylum is a simple and compassionate step that could make a big difference.

    More in Transport

    Today’s vote on a Green motion in support of introducing free bus travel for people seeking asylum is a basic question of integrity for our parliament, says the Scottish Greens transport spokesperson, Mark Ruskell MSP.

    Mr Ruskell has urged MSPs from all parties to unite around the call during a Scottish Green debate taking place this afternoon.

    The policy, which was dropped by the Scottish Government in August, was originally secured by the Scottish Greens in October 2023 as part of the Bute House Agreement that brought the party into government. 

    The commitment followed a long cross-party campaign by refugee-rights organisations and a successful pilot programme in Glasgow.  

    The debate, which will be led by party’s equalities spokesperson Maggie Chapman, and transport spokesperson, Mark Ruskell, will be the first chance that MSPs have had to vote on the U-turn.

    Mr Ruskell said: “Today’s vote is a basic question of integrity for our parliament. This is a promise that the Scottish Government made. Failing to live up to that would be a profound betrayal of some of the most marginalised people in our society.

    “The Scotland that I want to build is a caring and inclusive country that extends a hand of friendship, which is exactly what this policy aims to do.

    “A lot of us were deeply disappointed when this commitment was dropped. Refugee rights organisations, community groups and those currently in the asylum system had worked in good faith with the Scottish Government and waited patiently for it to deliver on its promises. 

    “Many of the people who would benefit from the scheme are isolated and banned from working. Free bus travel would be a small, simple and compassionate step that could make a big difference to their lives.

    “There has been long standing cross-party support for this policy in the past, and I hope that there will be today. I urge every MSP to support our motion, and to send a message of support and solidarity with people who have often fled from war and persecution.

    “Introducing free bus travel would help us to mitigate some of the devastating impacts of a hostile UK asylum system built on racist policies. It is a practical step we can take here and now that would make very difficult lives a bit easier.”

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Video: UK What’s on today in Parliament?

    Source: United Kingdom UK Parliament (video statements)

    Today the House of Commons sits from 11.30am, starting with Questions to the Minister for Women and Equalities, Bridget Phillipson before #PMQs at 12pm.

    The House of Lords sits from 3pm, questioning the Government and debating topics such as regulation of water companies, the Strategic Defence Review and migration.

    Also Big Ben tour tickets have been released for January – https://www.parliament.uk/visiting/visiting-and-tours/big-ben-tour/?utm_campaign=0824-mar-ve-paidtours-bigbentours&utm_medium=social&utm_source=youtube

    https://www.youtube.com/watch?v=kVSPa0WnGNc

    MIL OSI Video –

    January 23, 2025
  • MIL-OSI Russia: GUU organized an international scientific and practical conference

    MILES AXLE Translation. Region: Russian Federation –

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

    The State University of Management organized an international scientific and practical conference of the scientific and educational consortium “Eurasian Network University” “Education as a driver of economic growth in the context of Eurasian integration”.

    The venue for the event was the Kyrgyz Economic University named after M. Ryskulbekov.

    The Chairman of the Cabinet of Ministers Akylbek Japarov, the Minister of Economy and Commerce of the Kyrgyz Republic Daniyar Amangeldiev, the Chairman of the Board of the Russian Peace Foundation Sergey Baburin, and the Rector of the Kyrgyz Economic University named after M. Ryskulbekov Almaz Kadyraliev addressed the conference participants with welcoming remarks.

    The opening of the conference was also attended by Vice-Rector of the State University of Management Dmitry Bryukhanov, Vice-Rector for International Activities and Networking of the Nizhny Novgorod State University named after N.I. Lobachevsky Alexander Bedny and Vice-Rector for International Cooperation of the Kyrgyz University of Economics named after M. Ryskulbekov Tamara Dzholdosheva.

    More than 30 representatives of the member universities of the Eurasian Network University made presentations. The conference participants reviewed the best practices of organizing internships, discussed the problems and prospects of integration trends in science and education, coordination of scientific research, problems of developing and recognizing common standards in the scientific and educational sphere in the Eurasian space, as well as the development of joint multilateral scientific research and educational programs.

    Particular attention was paid to the development of new standards and educational programs for training personnel with relevant competencies that meet the modern needs of the economies of the EAEU countries, the importance of integrating the academic and business communities within the framework of socio-economic development, key factors of economic growth and the formation of a single economic space within the EAEU.

    Following the conference “Education as a Driver of Economic Growth in the Context of Eurasian Integration,” tasks were identified that require solutions for successful Eurasian integration and interaction in various spheres of society and the state and the formation of a Eurasian partnership.

    The event included an exhibition of the scientific and educational consortium “Eurasian Network University” (ENU), where the main areas of activity of the network university were presented, and the Olympiads were presented: the All-Russian scientific and practical tournament with international participation “Hi-Tech Breakthrough”, the Olympiad “Future of the EAEU” and the Eurasian Olympiad – International Student Olympiad of ENU, the winners of which get the opportunity to study at Russian universities participating in ENU within the quota of the Government of the Russian Federation.

    Subscribe to the TG channel “Our GUU” Date of publication: 10/9/2024

    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.

    GUU organized an international scientific and practical conference

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI Video: Presentation of the programme of activities of the Hungarian Presidency

    Source: European Commission (video statements)

    Opening statements by Ursula VON DER LEYEN, President of the European Commission

    Watch on the Audiovisual Portal of the European Commission:

    Subscribe to our channel: https://bit.ly/2X56Ju6

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=zarC6qM143Q

    MIL OSI Video –

    January 23, 2025
  • MIL-OSI Asia-Pac: Correctional officer stops assault on person in custody

    Source: Hong Kong Government special administrative region

    Correctional officer stops assault on person in custody
    Correctional officer stops assault on person in custody
    *******************************************************

         ​A correctional officer stopped a person in custody assaulting another person in custody at Pik Uk Prison today (October 9).     At 10.02am today, a 49-year-old male person in custody attacked a 39-year-old male person in custody in a dining hall. The officer at the scene immediately stopped the assailant and called for reinforcement.     During the incident, the victim sustained injuries to his head, arm and back. After examination and treatment by the institution Medical Officer, he was referred to a public hospital for further treatment. The assailant sustained an injury to his leg. He did not need to be sent to a public hospital after examination and treatment by the institution Medical Officer.     The case has been reported to the Police for investigation.     The two persons in custody were sentenced to imprisonment for the offence of trafficking in a dangerous drug and taking employment after landing in Hong Kong unlawfully and remaining in Hong Kong without the authority of the Director of Immigration in August 2013 and September 2023 respectively.

     
    Ends/Wednesday, October 9, 2024Issued at HKT 15:15

    NNNN

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Hong Kong Customs seizes suspected cannabis buds worth about $130 million (with photo)

    Source: Hong Kong Government special administrative region

         Hong Kong Customs seized about 500 kilograms of suspected cannabis buds with an estimated market value of about $130 million at the Kwai Chung Customhouse Cargo Examination Compound on September 27.
          
         Through risk assessment, Customs on that day inspected a seaborne consignment, declared as carrying soy beans, arriving in Hong Kong from Canada, at the Kwai Chung Customhouse Cargo Examination Compound. Upon inspection, Customs officers found the batch of suspected cannabis buds concealed inside 83 bags of soy beans.
          
         After a follow-up investigation and a controlled delivery operation, Customs officers arrested two men and one woman aged between 44 and 55, who were suspected to be connected with the case, during September 27 and October 2. An investigation is ongoing.
          
         Customs reminds members of the public to stay alert and not to participate in drug trafficking activities for monetary returns. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people.
          
         Under the Dangerous Drugs Ordinance, cannabis and tetrahydro-cannabinol (THC) are classified as dangerous drugs. Importation of products (including food or drinks) containing cannabis or THC into Hong Kong is prohibited unless the relevant provisions in the Ordinance are complied with. In order to avoid breaching the law inadvertently, special attention should be paid to the packaging labels of those products.
          
         Trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.
          
         Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).   

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Russia: The government will help regions with major repairs of children’s theaters

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Order dated October 8, 2024 No. 2782-r

    Document

    Order dated October 8, 2024 No. 2782-r

    A number of regions will receive funding to ensure major repairs of youth theaters. The order to this effect was signed by Prime Minister Mikhail Mishustin. The decision taken is part of the work to support regional cultural institutions and update their infrastructure.

    The funds will be used to carry out repairs at the Volgograd Youth Theatre and the Yaroslavl Youth Theatre named after V.S. Rozov.

    The funding will help to renovate children’s theatres and equip them with new equipment, which will allow theatres to show performances at a qualitatively new professional level and attract more young spectators.

    In total, more than 1.4 billion rubles have been allocated in the federal budget for the modernization of youth theaters and puppet theaters in 2024. The work is being carried out within the framework of the national project “Culture”.

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

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

    http://government.ru/nevs/52938/

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI Economics: Discover Dubai: A cultural journey on Google Arts & Culture

    Source: Google

    Editor’s note: To mark the second phase of our long-term collaboration between Google Arts & Culture and Dubai Culture & Arts Authority, we invited their Director Hala Badri to give us a snapshot of the new edition of the stories about Dubai’s culture and heritage.

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Banking: Regulatory barriers threaten transition towards circular economy, ICC report warns

    Source: International Chamber of Commerce

    Headline: Regulatory barriers threaten transition towards circular economy, ICC report warns

    Published in partnership with EY, the report – “Putting the circular economy into motion: From barriers to opportunities” – highlights the significant obstacles companies encounter when transitioning to circular business models that could otherwise deliver significant environmental, reputational and financial gains.

    The circular economy is intended to maximise resource efficiency and minimise environmental impact by promoting continuous use, reuse and recycling of materials and products. But the study concludes that existing regulatory systems are not fit for purpose in enabling such approaches at scale – largely as a result of significant inconsistencies in national environmental laws and regulations that remain based on linear models of production and consumption.  

    Regulatory barriers highlighted by the report include:

    • Complex and fragmented import and export processes for secondary materials which create significant compliance and operational costs.
    • Lack of a common international standard for “remanufactured” products.
    • Customs systems that do not accommodate reverse logistics.
    • No recognition of circular approaches under the 1989 Basel Convention on hazardous waste.  

    ICC Secretary General John W.H. Denton AO said: “It’s certainly true that the shift to circular business models has been slower than many governments anticipated a decade ago. But that’s not surprising when you see that legacy regulations tilt the playing field against circularity – in effect, entrenching the dominance of the old model of extract, produce, consume and discard.

    “We hope that our report can serve as a roadmap for clear and coordinated regulatory change – both at the domestic and international level – to put the circular economy firmly into motion. Reforming the Basel Convention to take into account the evolution of circular solutions and advances in technology is, in our view, an essential starting point for this effort.”

    Based on an extensive series of interviews with businesses across a range of industries, the study also highlights a range of challenges companies face when looking to deploy circular approaches – from infrastructure gaps through to high upfront investment needs. It also pinpoints the need for a concerted effort to shift consumer perceptions and behaviour – including prevailing misconceptions about the quality of remanufactured, refurbished or recycled goods and materials.

    Mark Weick, Managing Director, Climate Change and Sustainability Services at EY said: “Circular economy is a systematic approach that requires collaboration from all stakeholders across the value chain within an enabling regulatory framework. Concerted cooperation will be pivotal to drive meaningful impact to reduce climate change effects.”

    The report concludes with a number of broad recommendations to incentivize the uptake of circular business models – starting with the facilitation of cross-border trade in secondary materials.

    Pär Larshans, Director of Sustainability, Ragn-Sells Group, and Co-Chair of ICC’s Working Group on Circular Economy added: “The transition to a circular economy is much needed if we want to reach the ambitions set in the Paris Agreement, and to ensure that humanity reduces the risk of overshooting any of the planetary boundaries. With this report, ICC focuses on the need for circular transitions to move away from a minimised waste focus to a resource efficiency focus where a decontamination step is included to enable free trade of recycled materials.”

    Learn more on the circular economy and download the full report.

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-OSI Europe: Seagoing vessels flying the Swiss flag: Federal Council relaxes regulations

    Source: Switzerland – Federal Council in English

    The Federal Council

    Bern, 09.10.2024 – The hurdles for registering a ship under the Swiss flag are high. To enable more ships to sail under the Swiss flag, the Federal Council relaxed the registration requirements at its meeting on 27 September 2024. The corresponding ordinances have been amended, as part of the planned revision of maritime shipping legislation.

    Due to the restrictive nature of the existing registration requirements, the possibility of registering ships under the Swiss flag is currently limited. The Swiss merchant fleet has shrunk by around 75% in the last few years alone.

    Equal treatment compared to other companies

    In order to facilitate the flagging of ships and yachts, the requirements for registration will be relaxed and adapted to the provisions of the Swiss Code of Obligations usually applicable to companies. Specifically, this concerns the existing requirements relating to the nationality of the owners, the beneficial owners and the administration and management. In addition, the provisions of the ordinance will be amended to the effect that shipping companies, like other companies, can be majority debt-financed without corresponding conditions.

    Adaptation to international practice for yachts

    Switzerland is taking account of the changes in international flagging practice and the trend towards larger ships and yachts.

    Legal entities can now also register non-commercial vessels under their own name in the Swiss Yacht Register. Previously, this was reserved exclusively for individuals and associations.

    The Yachts Ordinance will also be amended so that a certificate of flag registration will in future be valid for five years instead of the current three. Such a certificate is required for a yacht to fly the Swiss flag.

    In addition to the amendments to the ordinances governing maritime navigation and yachts, the ordinance on maritime fees will be amended to simplify the levying of charges by means of a flat-rate system. The changes will enter into force on 1 January 2025 and come as part of the planned revision of maritime shipping legislation provided for in the Federal Council’s maritime strategy. The next step will be to amend the Federal Act on Navigation under the Swiss Flag, as well as other, less urgent, amendments of ordinances.


    Address for enquiries

    For further information:
    FDFA Communication
    Tel. Press service +41 460 55 55
    kommunikation@eda.admin.ch


    Publisher

    The Federal Council
    https://www.admin.ch/gov/en/start.html

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN joins ASEAN Leaders in an Interface with Parliamentary Heads of ASEAN

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, attended the ASEAN Leaders’ Interface with Representatives of ASEAN Inter-Parliamentary Assembly (AIPA) at the sidelines of the 44th and 45th ASEAN Summits and Related Summits in Vientiane, Lao PDR. The Interface served as an important forum to promote solidarity, understanding and cooperation among the ASEAN Member States, and for an exchange of views between the legislative and executive branches.

    The post Secretary-General of ASEAN joins ASEAN Leaders in an Interface with Parliamentary Heads of ASEAN appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN attends Retreat Session of the 44th and 45th ASEAN Summit in Vientiane, Lao PDR

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, took part in the Retreat Session of the 44th and 45th ASEAN Summit at the National Convention Center in Vientiane today. During this session, ASEAN Leaders engaged in an exchange of views on regional and international issues of common interest and concern.

    The post Secretary-General of ASEAN attends Retreat Session of the 44th and 45th ASEAN Summit in Vientiane, Lao PDR appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI United Kingdom: Staff and employers encouraged to prioritise mental health in workplace

    Source: City of Wolverhampton

    World Mental Health Day takes place every year on 10 October. This year, the theme is ‘prioritising mental health in the workplace’.

    Awareness of mental health issues in the workplace is growing. Studies suggest that, at any one time, one in six people experience the symptoms of a mental health issue.

    Factors like work, relationships, housing and financial situations and physical health can make it more likely that we will develop mental health issues – but they can happen to anybody.

    John Denley, Wolverhampton’s Director of Public Health, said: “Experiencing poor mental health from time to time is common and everyone manages theirs differently.

    “Employers can play a key role in promoting the mental health and wellbeing of their workforce, and this World Mental Health Day we are calling on employers in Wolverhampton to do all they can to support mentally healthy workplaces.”

    The Mental Health Foundation has produced a guide for employers and employees to help support mental health at work. 

    Mind has produced a guide for small businesses to support mental health at work. 

    Access to Work’s Mental Health Support Service can help people get or stay in work if they have a mental health condition or disability. To check eligibility, visit Access to Work.

    John added: “We can all take steps to improve our own mental health and build our resilience – our ability to cope with adversity. Selfcare is a skill that needs to be practiced; it isn’t easy, especially if we feel anxious, depressed or low in self-esteem, but it can make a huge difference.”

    The NHS highlights five steps people can take to improve their mental health and wellbeing: Connect with other people; Be physically active; Learn new skills; Give to others; Pay attention to the present moment (mindfulness). For more information, visit Self-help.

    Meanwhile, Wolverhampton’s libraries have a wide range of self-help and health and wellbeing books, eBooks and audiobooks – find out more at Libraries.

    Other resources include:

    • For urgent help with your mental health or you are struggling to cope, call NHS 111 and select option 2 (mental health option) to be connected to your local mental health support team, or text 07860 025 281.
    • Your doctor or GP is there to help you with your mental health as well as your physical health.
    • Wolverhampton Sanctuary Hub offers out of hours support – book a face to face appointment for by calling freephone 0808 802 2288, texting 07860 065 168 or emailing wolverhamptonsanctuaryhub@rethink.org. 
    • Wolverhampton NHS Talking Therapies – offers psychological therapy for people experiencing common mental health problems including anxiety, depression, stress and low mood. Anyone currently receiving support from Wolverhampton NHS Talking Therapies can also access the NHS Talking Therapies Employment Service which can support with any concerns or issues finding or staying in work.
    • Visit Hub of Hope to find local support that’s right for you.
    • Recovery College provides an educational learning environment for people who have an interest in, or personal difficulties with, mental health – visit The Recovery College, email info@therecoverycollege.co.uk or call on 0121 543 4061.
    • The Headspace app offers guided meditation and mindfulness – find out more at headspace. 
    • And Every Mind Matters has a wide range of help and resources – visit Every Mind Matters for more details.

    If you need someone to talk to, contact:

    • SANE – call 0300 304 7000 (4.30pm to 10.30pm)
      Samaritans – call 116 123 
      Rethink Mental Illness – call 0300 5000 927 (Monday to Friday, 9.30am to 4pm)
      Mind – call 0300 123 3393.

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Economics: Building Fiber Leadership in Latin America: Bringing Gigabit Life to the Region

    Source: Huawei

    Headline: Building Fiber Leadership in Latin America: Bringing Gigabit Life to the Region

    [Sao Paulo, Brazil, October 9, 2024] The 2024 LATAM Fiber Broadband Leaders Summit hosted by Huawei and supported by the International Telecommunication Union (ITU) was successfully held in Brazil. Themed “Digital Fiber, Advancing Giga LATAM”, the summit brought together more than 260 people from industry organizations, partners, and carriers in Latin America. At the Summit, participants discussed fiber broadband development trends, strategies, and practices. Huawei for the first time proposed three development strategies (all-optical transition, gigabit transition, and scenario transition) for giga fiber broadband industry and launched three digital fiber solutions.
    Joey Zhou, President of Huawei Latin America ICT Marketing and Solution Sales Dept, delivering his opening speech

    Joey Zhou, President of Huawei Latin America ICT Marketing and Solution Sales Dept., said optical fiber has become Latin America’s most important broadband access technology. His statement was based on a recent report from the consultancy Omdia that noted that in 2024, fiber accounted for more than 60% of home broadband in Latin America.
    Mainstream carriers in Latin America have released all-optical strategies and continued to increase investment. As digital services such as home office, live streaming, and e-commerce develop rapidly in Latin America, users pay more attention to network experience requirements, and upgrade bandwidth from 100Mbit/s to 1Gbit/s. Concurrently, application scenarios of optical broadband are no longer limited to traditional home entertainment scenarios, many diversified application scenarios such as smart home and SME digitalization emerge through one fiber, which will help carriers expand the boundaries of home broadband revenue.
    At the event, Joey Zhou further noted: “Latin America’s digital economy is in a golden development period, digital services are accelerating, which has brought broad opportunities for value creation. Huawei is willing to work with governments, regulators, carriers and industry partners to accelerate the development of Latin America’s gigabit optical broadband industry and jointly build a digital Latin America.”
    Gary Lu, President of Huawei Carrier Network Marketing and Solution Sales Department, delivered a speech titled “ACT3 to Embrace the GIGA and AI eras”. A is for ARPU, C is about coverage of service, and T stands for take-up rate.
    Coverage multiplied by take-up rate is the user base, and ARPU is the key to increasing revenue.”ACT” to the power of three, means the three transitions are the way to increase the user base and the revenue of FBB service, and it will also bring the quality of digital life to Latin America. Gary Lu said that fiber construction and development in Latin America has entered the fast lane, and the gigabit fiber broadband era of Latin America has arrived. Carriers need to seize the new business opportunities in the gigabit and AI era. In his speech, Gary Lu proposed three development strategy suggestions — all-optical transition, gigabit transition, and scenario transition— to accelerate cable-to-fiber transition, increase both speed and quality, meet digital and AI service requirements, provide diversified and scenario-based service. By accelerating the three transitions, Huawei and Latin American carriers will jointly usher in a new era of gigabit intelligence in the region, bringing richer and higher-quality digital life experiences to users.
    Gary Lu, President of Huawei Carrier Network Marketing and Solution Sales Dept, speaking at the event

    Daniel Zhang, Vice president of Huawei Latin America ICT Marketing and Solution Sales Department, delivered a speech titled “Digital Fiber Innovations, Advancing Giga LATAM”. Zhang said that Huawei has consistently adhered to the vision of “in Latin America, For Latin America”, matching Latin American market requirements and continuously promoting digital fiber innovations, to accelerate the development of the Latin American ICT industry. To help carriers better seize the development opportunities of gigabit Latin America, Huawei launched three major Digital Fiber solution innovations: Digital Quick ODN 4 cores solutions for cost-effective FTTH construction, Service-level slicing-based FTTH gigabit solution ensures differentiated service experience, and symmetrical 2.5 Gbit/s Super GPON Solution supports symmetrical business scenarios for small and medium-sized enterprises. In the future, Huawei hopes to work with industry partners to build gigabit Latin America and accelerate the development of the digital economy in Latin America.
    Daniel Zhang, Vice President of Huawei Latin America ICT Marketing & Solution Sales Dept, during his address

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Economics: Building Fiber Leadership in Latin America: Bringing Gigabit Life to the Region Oct 09, 2024

    Source: Huawei

    Headline: Building Fiber Leadership in Latin America: Bringing Gigabit Life to the Region
    Oct 09, 2024

    [Sao Paulo, Brazil, October 9, 2024] The 2024 LATAM Fiber Broadband Leaders Summit hosted by Huawei and supported by the International Telecommunication Union (ITU) was successfully held in Brazil. Themed “Digital Fiber, Advancing Giga LATAM”, the summit brought together more than 260 people from industry organizations, partners, and carriers in Latin America. At the Summit, participants discussed fiber broadband development trends, strategies, and practices. Huawei for the first time proposed three development strategies (all-optical transition, gigabit transition, and scenario transition) for giga fiber broadband industry and launched three digital fiber solutions.
    Joey Zhou, President of Huawei Latin America ICT Marketing and Solution Sales Dept, delivering his opening speech

    Joey Zhou, President of Huawei Latin America ICT Marketing and Solution Sales Dept., said optical fiber has become Latin America’s most important broadband access technology. His statement was based on a recent report from the consultancy Omdia that noted that in 2024, fiber accounted for more than 60% of home broadband in Latin America.
    Mainstream carriers in Latin America have released all-optical strategies and continued to increase investment. As digital services such as home office, live streaming, and e-commerce develop rapidly in Latin America, users pay more attention to network experience requirements, and upgrade bandwidth from 100Mbit/s to 1Gbit/s. Concurrently, application scenarios of optical broadband are no longer limited to traditional home entertainment scenarios, many diversified application scenarios such as smart home and SME digitalization emerge through one fiber, which will help carriers expand the boundaries of home broadband revenue.
    At the event, Joey Zhou further noted: “Latin America’s digital economy is in a golden development period, digital services are accelerating, which has brought broad opportunities for value creation. Huawei is willing to work with governments, regulators, carriers and industry partners to accelerate the development of Latin America’s gigabit optical broadband industry and jointly build a digital Latin America.”
    Gary Lu, President of Huawei Carrier Network Marketing and Solution Sales Department, delivered a speech titled “ACT3 to Embrace the GIGA and AI eras”. A is for ARPU, C is about coverage of service, and T stands for take-up rate.
    Coverage multiplied by take-up rate is the user base, and ARPU is the key to increasing revenue.”ACT” to the power of three, means the three transitions are the way to increase the user base and the revenue of FBB service, and it will also bring the quality of digital life to Latin America. Gary Lu said that fiber construction and development in Latin America has entered the fast lane, and the gigabit fiber broadband era of Latin America has arrived. Carriers need to seize the new business opportunities in the gigabit and AI era. In his speech, Gary Lu proposed three development strategy suggestions — all-optical transition, gigabit transition, and scenario transition— to accelerate cable-to-fiber transition, increase both speed and quality, meet digital and AI service requirements, provide diversified and scenario-based service. By accelerating the three transitions, Huawei and Latin American carriers will jointly usher in a new era of gigabit intelligence in the region, bringing richer and higher-quality digital life experiences to users.
    Gary Lu, President of Huawei Carrier Network Marketing and Solution Sales Dept, speaking at the event

    Daniel Zhang, Vice president of Huawei Latin America ICT Marketing and Solution Sales Department, delivered a speech titled “Digital Fiber Innovations, Advancing Giga LATAM”. Zhang said that Huawei has consistently adhered to the vision of “in Latin America, For Latin America”, matching Latin American market requirements and continuously promoting digital fiber innovations, to accelerate the development of the Latin American ICT industry. To help carriers better seize the development opportunities of gigabit Latin America, Huawei launched three major Digital Fiber solution innovations: Digital Quick ODN 4 cores solutions for cost-effective FTTH construction, Service-level slicing-based FTTH gigabit solution ensures differentiated service experience, and symmetrical 2.5 Gbit/s Super GPON Solution supports symmetrical business scenarios for small and medium-sized enterprises. In the future, Huawei hopes to work with industry partners to build gigabit Latin America and accelerate the development of the digital economy in Latin America.
    Daniel Zhang, Vice President of Huawei Latin America ICT Marketing & Solution Sales Dept, during his address

    MIL OSI Economics –

    January 23, 2025
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