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Category: Asia

  • MIL-OSI Asia-Pac: Ingrid Yeung visits immigration HQ

    Source: Hong Kong Information Services

    Secretary for the Civil Service Ingrid Yeung today visited the Immigration Department’s (ImmD) new headquarters in Tseung Kwan O to gain a first-hand understanding of the department’s services, latest developments and frontline work.

    Mrs Yeung first met Director of Immigration Benson Kwok and other directorate staff for a briefing on the department’s latest developments. This was followed by a meeting with staff representatives from various grades to hear their concerns and views.

    At the Registration of Persons Office, staff briefed her on the self-service personal documentation services at the headquarters.

    The new kiosks will further facilitate the submission of applications and collection of personal documentation in a self-service manner, thereby providing higher quality public services.

    Mrs Yeung also toured the new Marriage Registry. Its marriage hall has been popular since opening in June this year, thanks to its novel design with various photo-taking spots set up in the outdoor area such as the heart-shaped garden for newlyweds and guests to pose for photos.

    The civil service chief also inspected the Enterprise System Management Centre, which is responsible for monitoring the operation of the computer systems of all control points and offices.

    The centre operates around the clock and monitors the status of various computer systems in real time. It provides prompt response and co-ordination where necessary to ensure the smooth operation of the computer systems.

    MIL OSI Asia Pacific News –

    January 25, 2025
  • MIL-OSI USA: Disaster Recovery Center Opening in Chester County

    Source: US Federal Emergency Management Agency 2

    Disaster Recovery Center will open in Chester County to provide in-person assistance to South Carolinians affected by Hurricane Helene.  
    Chester CountyChester County Government Office1476 J A Cochran BypassChester, SC 29706
    Open Oct. 24-26, 8 a.m.- 7 p.m.  
    Additional Disaster Recovery Centers are scheduled to open in other South Carolina counties. Click here to find centers that are already open in South Carolina. You can visit any open center to meet with representatives of FEMA, the state of South Carolina and the U.S. Small Business Administration. No appointment is needed. 
    To find all other center locations, including those in other states, go to fema.gov/drc or text “DRC” and a Zip Code to 43362. 
    Homeowners and renters in Abbeville, Aiken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, Cherokee, Chester, Edgefield, Fairfield, Greenville, Greenwood, Hampton, Jasper, Kershaw, Laurens, Lexington, McCormick, Newberry, Oconee, Orangeburg, Pickens, Richland, Saluda, Spartanburg, Union and York counties and the Catawba Indian Nation can apply for federal assistance.
    The quickest way to apply is to go online to DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in many languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. For a video with American Sign Language, voiceover and open captions about how to apply for FEMA assistance, select this link.
    FEMA programs are accessible to survivors with disabilities and others with access and functional needs. 

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Global: Light and sound art show Eclipse by Nonotak is an immersive and sensory experience

    Source: The Conversation – UK – By Rob Flint, Senior Lecturer Nottingham in the School of Art and Design, Nottingham Trent University

    Audiovisual art is changing rapidly. Increasingly powerful projectors, screens and lighting rigs with integrated control systems, pervade the interwoven worlds of cinema, gallery and concert halls. These changes blur the borders of the art form with gaming, club and gig visuals, semi-permanent immersive experiences, and giant outdoor screens and projection-mapped buildings.

    I’m fascinated by electronic light and sound in art, music and cinema, and so was curious to experience Eclipse, “a spatial light and sound experience” by Japanese art studio Nonotak (Noemi Schipfer and Takami Nakamoto).

    You enter the exhibition into a darkened lounge bar that features the first of three separate experiences: a flat, wall-based light work titled Highway that gives a powerful sense of horizontal motion from the stepped sequence of flashing white bands of light.

    The next, Dual, is a large sound and light space that uses the kind of directional lighting seen onstage at concerts to make deep spatial patterns with beams of light against a soft haze.

    The third, Hidden Shadow, returns us to an image-based experience with directional seating and a large flat LED wall, on which shifting and dissolving points continually redefine a circle, linked to powerful overhead strobe-type lights in a way that seems to reference the installation title.

    These are all monochrome, programmed in sequences, with continuous repetition. Although the timed-entry system seems to encourage the viewer’s movement through the spaces, roughly corresponding to their duration, ending again in the lounge and bar area.

    Immersed in pulsing light and sound, I look for coordinates to ground my experience. There’s a long history of artists making light and sound do things simultaneously. Psychedelia seems an obvious ancestor.

    Even before Hoppy Hopkins made liquid light swirl to the sound of Pink Floyd at London’s UFO club in the 1960s, pioneers in the US and Europe had constructed “colour organs” to play coloured lights in a musical way and painted glass slides for theatre projection, to access the synaesthesia (a neurodivergent condition that links the senses in unexpected ways) which was believed by some to be buried deep in all of us.

    Animated film is part of this story, with Disney’s Fantasia the best-known union of music and visual movement in early popular film history, though modernists like Oskar Fischinger (who contributed to Fantasia) and Viking Eggeling made more austere abstract combinations of rhythm and graphic object for avant-garde audiences.

    Nearby the Eclipse venue, the Tate Modern shows Anthony McCall’s 1970’s Solid Light installation works. Originally developed on clattering 16mm celluloid film for dusty and cigarette-smoke-filled social spaces, they play quietly and continually now on digital projectors with programmed haze machines in a clean, purpose-built gallery.

    Closer in appearance (and in time) to the work of Nonotak are audiovisual artists like Carsten Nicolai and Ryoji Ikeda. They reconfigured the “visual music” tradition with a stripped-down and often monochromatic union of sound and light, bringing the precision of post-digital graphics to minimal techno and dub or the spookiness of glitch electronica to what is often now referred to as “a/v performance”.

    Ikeda’s 2017 installation test pattern explored a similar aesthetic across the river at London’s 180 Strand Studios, home of another organisation dedicated to expanded audiovisual art.

    Lumen Studios, who curated and presented the show, are aiming Eclipse at programmers, graphic designers and “edgy people”, literate in gaming, coding, NFTs, cryptocurrencies and other screen-based worlds and objects.

    These are not necessarily the same people who would connect McCall’s lines of “solid light” to 1970s Materialist Cinema’s highly political demand to reject the “illusionistic” conventions of mainstream realist film. Nor should they have to.

    The human eye is trained differently than it was when television ended before midnight and cinemas were not rivalled by streamed media on demand. This space could have entirely different reference points to those I am evoking. Set design, for example. On their website, Nonotak cites scenography, theatre, film, dance, architecture, and drawing among their areas of practice.

    So maybe now it’s me that is the performer, on, or inside, a virtual stage or film set. Standing in the largest of the three installations, Dual, I feel as though I might be running from an alien on a giant transport ship heading for Mars.

    I could also be in a more earth-bound comparison, standing at the back of a giant warehouse party, or a rave, away from the crush of dancing bodies while still in the synchronised cocoon of sensory electronics. It is visual, but also physical, and it creates a powerful kinetic dislocation from the space in which it is situated.

    This last comparison highlights the “in-between” nature of the Eclipse installations in its temporary accommodation in Bermondsey. The cocktail bar points gently (and legally) towards the hedonism of gigs and raves, but the regulated entry system suggests a more institutional mode of attention, closer to the time-stamped immersive museum experience or even a live-action gaming environment, like an upmarket Laserquest.

    Similarly, the audio, filled with effectively light-synchronised rhythmic pulsing, doesn’t have the gut-level bass of a contemporary club or music venue sound system. And while the slightly disembodied vitality of Dual made me think about dancing and moving in a slightly different way, it isn’t a dance floor.

    Nor did it make promises of that kind. So this is less a criticism of the work than a recognition that my coordinates will always need updating, as the spaces we move through adapt to different forms of attention. If our species is fortunate enough to continue devoting time, technology, materials and labour to human sensory curiosity in the decades that follow, there will be more hybrid collisions of light, sound, image, rhythm, music, in real and imaginary, actual and virtual, space. I very much hope so.

    Eclipse by Nonotak is on until December 8 2024 at 47 Tanner St, London



    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.


    Rob Flint 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. Light and sound art show Eclipse by Nonotak is an immersive and sensory experience – https://theconversation.com/light-and-sound-art-show-eclipse-by-nonotak-is-an-immersive-and-sensory-experience-241529

    MIL OSI – Global Reports –

    January 25, 2025
  • MIL-OSI USA: Gov. Kemp: TMC Transformers to Bring 110 Jobs, New Manufacturing Facility To Burke County

    Source: US State of Georgia

    Atlanta, GA – Governor Brian P. Kemp today announced that TMC Transformers USA Inc. (TMC), an international dry-type transformers manufacturer for a wide range of industrial applications, will expand its footprint in Georgia by investing more than $15.3 million over the next five years in a new manufacturing facility in Waynesboro, creating at least 110 new jobs in Burke County.

    “When we lead economic missions overseas and meet with companies like TMC, we do so to bring more opportunities back to hardworking Georgians, and so job creators like them can build a strong foundation alongside communities like Waynesboro,” said Governor Brian Kemp. “TMC’s decision to create over 100 well-paying jobs in Burke County comes at a critical time, and we look forward to their impact as that region of our state continues to recover and rebuild following the recent hurricanes.”

    TMC is a multinational company focused on design and production of medium and low voltage dry-type cast resin and VPI transformers. The company, which counts more than 500 employees and commercial offices in Europe, America, and East Asia, established its first U.S. production plant at the beginning of 2023 in Burke County.

    “Combining our expertise in the dry-type transformer industry with the needs of the U.S. market for accessible, reliable, and sustainable energy, the launch of the new plant highlights TMC’s strategic plans for substantial growth in North America,” said Cristiano Palladini, President of TMC USA. “We’re excited that Waynesboro will become a welcoming base for us. Georgia provides strong foundations for our business with its strategic position, the full support from Burke County and the Georgia delegation who share a business-oriented vision, and its community of hardworking and skilled Georgians in line with our needs.”

    TMC’s new facility at the Burke County Industrial Park in Waynesboro highlights its commitment to strengthening the company’s presence and investment in the United States. Operations in Burke County have already started at the company’s first facility, and the new plant is expected to be operational at the beginning of 2026. TMC is now hiring for roles in management, administrative staff, production technicians, operators, testers, sales, and quality control. Hiring will continue over the next few years as the project continues to ramp up. Interested individuals can learn more about careers with TMC at tmctransformers.us.  

    “The Development Authority of Burke County is pleased to have TMC Transformers make Waynesboro their permanent home,” said Austin Stacy, Executive Director of the Development Authority of Burke County. “Their decision to locate here is a true testament to the readiness and strong workforce that Burke County possesses. TMC’s core principles replicate our community’s values, and we look forward to continuing our work together to make Burke County a better place.”

    Senior Regional Project Manager Adela Kelley represented the Georgia Department of Economic Development (GDEcD) Global Commerce team on this competitive project in partnership with the Development Authority of Burke County.

    “After meeting with TMC’s leadership in Italy, we were truly impressed by their warmth, hospitality, and enthusiasm for their decision to invest in Georgia,” said GDEcD Commissioner Pat Wilson. “The transformers TMC will manufacture in Burke County are critical in addressing energy infrastructure needs for the state and the nation. TMC is just the type of company we aim to attract to Georgia: a long-term partner committed to strengthening our communities, economy, and industry ecosystems.”

    For over a century, Georgia has fostered healthy industry practices, encouraged collaboration and innovation, and positioned itself as a leader in developing and harnessing emerging technologies for evolving industries.

    The State of Georgia has had continuous representation in Europe since 1973. Italy is a top 15 trade partner for Georgia, with $3.4 billion in total trade moving between the state’s ports and Italy in 2023. Italy was also in the list of top 10 sources for international investment in Fiscal Year 2023, and Italian companies have invested more than $411 million in Georgia since 2010 through projects with state involvement.

    About TMC Transformers

    TMC Transformers USA Inc. is a leading provider of innovative and high-quality transformer solutions, dedicated to serving the energy needs of industries across North America. With a commitment to excellence and sustainability, TMC specializes in the design, manufacturing, and distribution of dry-type cast resin and VPI transformers. Its products are engineered to meet the highest standards of performance, reliability, and efficiency, ensuring optimal energy management for a wide range of applications, including utilities, data centers, semiconductors manufacturing, railways, marine and offshore, mining, and oil and gas. For more information, please visit tmctransformers.us or contact [email protected].

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI: MoneyHero Appoints Distinguished Global Executive Wallace Pai to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Mr. Pai brings deep and diverse senior executive experience to MoneyHero, having spent his career with notable multinational companies including Imagination Technologies, Pixelworks, SMIC, GlobalFoundries, Synaptics, Samsung, Google (Motorola Mobility), Cadence, and McKinsey & Company

    MoneyHero’s Chairman Kenneth Chan to be replaced on Audit Committee by Mr. Pai; Committee now made-up entirely of Independent Non-Executive Directors

    SINGAPORE, Oct. 24, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced that Wallace Pai has been named to the Company’s Board of Directors, effective immediately. In connection with his appointment, Mr. Pai has also replaced MoneyHero’s Chairman, Kenneth Chan, on the Company’s Audit Committee, ensuring the Committee is comprised entirely of Independent Non-Executive Directors.

    Mr. Pai is a seasoned global executive with deep experience across the technology and semiconductor industries. He currently serves as President of Asia Pacific and Chairman of China with Imagination Technologies, where he oversees the group’s regional strategy, revenue, and growth. Previously, Mr. Pai served as COO of Pixelworks, SVP of the Advanced Technology Business at SMIC, and VP/General Manager of Asia Pacific at GlobalFoundries. Earlier in his career, Mr. Pai also held executive roles with Synaptics, Samsung, Google (Motorola Mobility), Qualcomm Technologies, Cadence, and McKinsey & Company. Mr. Pai graduated with a Master of Science from the University of Michigan and a Master of Business Administration from Harvard Business School.

    “Mr. Pai represents a significant addition to our Board of Directors and corporate governance,” said Rohith Murthy, CEO of MoneyHero. “His leadership in the technology sector, as well as a proven track record of success running large-scale enterprises in the Asia Pacific region, will bring immense value to our operations and growth strategy. Mr. Pai has contributed to the vision and oversight of many notable multinational companies throughout his illustrious career, and we are thrilled to have him on board. Moreover, this marks the second major Board appointment that we have achieved this year, which is critical to our future and a testament to the reputation and stature of the MoneyHero Brand.”

    The appointment of Mr. Pai follows the addition of accomplished legal and finance executive Steve Teichman to the Company’s Board, which was announced in June. Importantly, both Mr. Pai and Mr. Teichman bring the unique combination of having experience with U.S. capital markets and leading businesses in Asia Pacific.

    “I am honored to join MoneyHero’s Board and excited to bring new ideas and resources to this winning organization,” said Mr. Pai. “I have been following the MoneyHero story for a while, even before the Company went public last year, and I have been impressed by the strategy and fundamentals of the business, as well as their clear leadership-positioning in the marketplace, which will enable them to continue innovating and outpacing its peers. MoneyHero is absolutely forwarding the fintech industry in Greater Southeast Asia, and I am very much looking forward to being a part of it.”

    For more information about MoneyHero, including information for investors and learning about career opportunities, please visit www.MoneyHeroGroup.com.

    About MoneyHero Group
    MoneyHero Limited (NASDAQ: MNY) is a market leader in the online personal finance and digital insurance aggregation and comparison sector in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines.  Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory.  The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero currently manages 279 commercial partner relationships and services 8.1 million Monthly Unique Users across its platform for the six months ended June 30, 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving Greater Southeast Asia’s digital economy, please visit www.MoneyHeroGroup.com.

    Investors Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    Media Relations:
    Gaffney Bennett PR
    MoneyHero@gbpr.com

    The MIL Network –

    January 25, 2025
  • MIL-OSI: Starbox Powers 180 Degrees Brandcom with StarboxAI Pro Series, an AI-Driven Expansion into Image, Video, and Live Streaming Content

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) — Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions, is excited to announce that it has started to support 180 Degrees Brandcom Sdn Bhd (“180”) with its StarboxAI Pro Series software for 180’s branding and advertising business. 180, an indirect subsidiary that is 51% owned by Starbox, is a 4A advertising agency incorporated in 2013 that offers digital marketing, advertising consulting and design services. 180 has maintained long-term relationships, with more than 20% of its existing clients for over 15 years. To enhance service quality, 180 anticipates improving brand engagement by using StarboxAI Pro Series, which provides artificial intelligence (“AI”) powered solutions for image creation, video production, and live streaming alongside data-driven marketing strategies.

    Equipped with StarboxAI Pro Series, 180 is expected to have the following new capabilities:

    • AI-powered Image Creation: Generation of campaign-specific image tailored to brand identity.
    • AI-powered Video Production: Fast, automated creation of short videos for product promotion and social media.
    • AI-powered Live Streaming: Real-time engagement with interactive features such as Q&A, purchase guidance, and dynamic content streaming.

    These AI-driven tools are expected to enable 180 to generate creative output, offer personalized campaigns, and provide real-time insights to optimize performance.

    “Through StarboxAI Pro Series, 180 will be able to join data with creativity to quickly produce engaging campaigns. Since its incorporation, 180 has been pursuing excellence in branding and advertising, serving a diverse portfolio of clients. The adoption of StarboxAI Pro Series reinforces 180’s commitment to deliver outstanding brand experiences through image, video, and live streaming solutions. With this adoption, 180 expects to continue to improve brand engagement in a competitive digital landscape,” said Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox.  

    About Starbox Group Holdings Ltd

    Headquartered in Malaysia, Starbox is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive technology solutions provider within Southeast Asia and also engages in building a cash rebate, advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company’s website: https://ir.starboxholdings.com and WeChat Channels: StarboxTechnologies.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

    For more information, please contact:

    Starbox Group Holdings Ltd.
    Investor Relations Department
    Email: ir@starboxholdings.com

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/120adab1-f25c-42b0-9b96-4c1534dd2408

    The MIL Network –

    January 25, 2025
  • MIL-OSI Economics: Siemens and Microsoft scale industrial AI

    Source: Microsoft

    Headline: Siemens and Microsoft scale industrial AI

    • Siemens and Microsoft have taken the Siemens Industrial Copilot to the next level, to handle demanding environments at scale
    • Over 100 customers in Europe and the US are using the Siemens Industrial Copilot to improve efficiency, cut downtime, and address labor shortages
    • thyssenkrupp Automation Engineering is planning a global rollout of Copilot beginning 2025
    • More than 120,000 engineers can now leverage the Copilot, upskilling experts and workers in programming with Gen AI

    BERLIN — Oct. 24, 2024 — Siemens is revolutionizing industrial automation with Microsoft. Through their collaboration, they have taken the Siemens Industrial Copilot to the next level, enabling it to handle the most demanding environments at scale. Combining Siemens’ unique domain know-how across industries with Microsoft Azure OpenAI Service, the Copilot further improves handling of rigorous requirements in manufacturing and automation.

    Over 100 companies, including Schaeffler and thyssenkrupp Automation Engineering, are currently using the Siemens Industrial Copilot to streamline processes, address labor shortages, and drive innovation. With 120,000 users already leveraging the Siemens engineering software, they now have the opportunity to enhance their work with the Gen AI-powered assistant.

    Co-creation partner thyssenkrupp Automation Engineering is now the first to plan to use the Copilot globally. Beginning in early 2025, their machines will be engineered with the assistant, fully unleashing its potential across their entire product range. The rollout will take place globally. Siemens is pioneering the offering of Gen AI for automation engineering in the industry and has made this capability easily accessible on the Siemens Xcelerator open digital business platform.

    “The collaboration between Siemens and Microsoft marks a pivotal moment in the industrial sector; one where AI Transformation becomes a cornerstone for innovation and operational efficiency,” said Judson Althoff, executive vice president and chief commercial officer at Microsoft. “By integrating Microsoft Azure OpenAI Service into Siemens’ industrial solutions, we are equipping companies with cloud-based AI tools to simplify complex challenges, drive productivity, and help them stay competitive in an increasingly dynamic environment.”

    “Together with Microsoft we scale industrial AI, empowering our customers throughout the industry to become more resilient, competitive and sustainable. thyssenkrupp Automation Engineering shows how customers can use Siemens Industrial Copilot even in highly demanding environments as a major efficiency boost,” said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO of Digital Industries.

    Since the product’s availability in July 2024, customers across various sectors have started using Siemens Industrial Copilot for Engineering to boost efficiency. Engineers can now create panel visualizations in 30 seconds and generate code that requires only 20% adaptation.

    This streamlines workflows, reducing manual effort and addressing the skilled labor shortage. The chat function also provides instant, precise answers, eliminating the need for lengthy searches. By leveraging the Copilot, companies are driving productivity and innovation.

    Transforming battery quality assurance with Siemens Industrial Copilot

    thyssenkrupp Automation Engineering exemplifies the Siemens Industrial Copilot’s transformative potential at scale, particularly in complex control, such as development of automated systems for the production of battery and hydrogen assembly lines. One of their machines helps ensure quality of batteries for electric cars, a crucial factor in the sustainable energy transition and the industry’s reliance on 100% reliable batteries. Sensors, cameras, and measurement systems are integrated to monitor battery cell quality across multiple stages, conducting complex evaluations to detect discharges beyond set thresholds.

    The Siemens Industrial Copilot supercharges the development and operation of this battery machine by automating repetitive tasks like data management, sensor configuration, and the crucial reporting of each step necessary to meet strict battery inspection requirements. Generally, the Copilot supports engineering by handling both routine and essential documentation tasks. This allows the engineers to focus on complex, value-added work, while its real-time problem-solving capabilities minimize downtime and ensure smooth production.

    “Siemens Industrial Copilot will prospectively ease our workload and address the pressing challenges of labor shortages and increasing complexity in battery testing. This AI-powered solution will be a game-changer for our industry, and we will actively roll it out across our machines,” said Dr. Volkmar Dinstuhl, Member of the Executive Board of thyssenkrupp AG and CEO of thyssenkrupp Automotive Technology.

    Siemens will share more details on Siemens Industrial Copilot at the SPS expo in Nuremberg, Germany, in November 2024.

    This press release along with press photos and other materials can be found at:

    https://sie.ag/2s6zEA

    Contacts for journalists 

    Siemens AG

    Jil Huber

    Phone: +49 162 3474144; email: [email protected]

    Microsoft 

    WE Communications for Microsoft

    Phone: (425) 638-7777; email: [email protected]

    thyssenkrupp AG 

    Sarah Grassmann

    Phone: +49 152 28277427; email: [email protected]

    Follow us at www.x.com/siemens_press

    For further information: www.siemens.com/industrial-copilot and siemens.com/sps-fair

    Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company, Siemens Healthineers, a leading global medical technology provider shaping the future of healthcare.

    In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €74.9 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 305,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

    About Microsoft

    Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

    About thyssenkrupp Automotive Technology   

    thyssenkrupp Automotive Technology is a leading supplier and development partner to the international automotive industry. Its range of products and services includes high-tech components and systems as well as automation solutions for vehicle production. The product range includes chassis technologies such as steering and damping systems and the assembly of axle systems as well as drive train components for conventional and alternative drives. thyssenkrupp Automotive Technology also develops assembly lines for body-in-white construction and produces lightweight body parts in series. The business area generated sales of 7.9 billion euros in fiscal year 2022/23. We also specialize in the production of springs and stabilizers for various vehicle types, as well as components and systems for tracked vehicles. Automotive Technology has a global production network with more than 90 locations in Europe, Asia, and North and South America.

    MIL OSI Economics –

    January 25, 2025
  • MIL-OSI USA News: Background Press Call on the U.S. Approach to Harnessing the Power of AI for U.S. National  Security

    Source: The White House

    Via Teleconference

    MODERATOR:  Good afternoon, everyone.  Thanks so much for joining today’s call to discuss the U.S. approach to harnessing the power of AI for U.S. national security, ahead of tomorrow’s release of the National Security Memorandum.

    As a reminder of the ground rules of this call, this call is on background, attributable to senior administration officials, and it is embargoed until 6:00 a.m. Eastern on Thursday, October 24.

    For your awareness, not for your reporting, on the call today we have [senior administration official] and [senior administration official]. 

    Following the call, we’ll provide you all with some materials under the same embargo, so be on the lookout for those. 

    Our speakers are going to have a few words at the top, and then we’ll turn it over to some of your questions.

    With that, [senior administration official], I’ll turn it over to you.

    SENIOR ADMINISTRATION OFFICIAL:  Thanks, Eduardo.  And thanks to all of you for joining us this evening. 

    So, we’re really pleased to report that tomorrow we’ll be releasing a National Security Memorandum on Artificial Intelligence signed by the President. 

    And we want to start off just by sharing a little bit of context for this, which really begins with the fact that the United States has a very strong hand in AI today.  We design the most advanced hardware.  We host the leading AI companies that are building the most advanced AI systems, and really have a dominant market share in artificial intelligence globally.  And thanks to the President’s CHIPS Act, we are building more resilience in our chip supply chains as well. 

    But as many of you know, the innovation that’s happened, particularly in this current wave of frontier artificial intelligence, has really been driven by the private sector.  And it’s critical that we continue to both foster that leadership but ensure that the government, and particularly with this National Security Memorandum, ensure that our national security agencies are adopting these technologies in ways that align with our values. 

    And a failure to do this, a failure to take advantage of this leadership and adopt this technology we worry could put us at risk of a strategic surprise by our rivals, such as China.

    And as you all know, there are very clear national security applications of artificial intelligence, including in areas like cybersecurity and counter-intelligence, not to mention the broad array of logistics and other activities that support military operations.

    Because countries like China recognize similar opportunities to modernize and revolutionize their own military and intelligence capabilities using artificial intelligence, it’s particularly imperative that we accelerate our national security community’s adoption and use of cutting-edge AI capabilities to maintain our competitive edge. 

    So, President Biden’s first-ever executive order, signed last October, on artificial intelligence was a key step forward to ensure that America leads the way in seizing the promise and managing the risks of AI. 

    In that executive order, the President specifically directed the development of this National Security Memorandum to ensure that we maintain our edge over rivals seeking to leverage AI to the detriment of our national security, while also building effective safeguards to ensure that our use of AI upholds our values and preserves public trust.

    So, consistent with the President’s direction, we’ve been engaged in a policy process over the last year or so to advance those aims and complete this National Security Memorandum. 

    And tomorrow, the National Security Advisor, Jake Sullivan, will deliver remarks to rising military and intelligence professionals at the National Defense University so he can speak directly to the very national security professionals and leaders who are going to be implementing the core of this strategy. 

    During his remarks, Jake will talk about what led us to this moment in artificial intelligence, both in terms of its development and our views on why it is so critical for national intelligence and why, therefore, the President has issued this National Security Memorandum on AI.

    Jake will also outline how the United States must strengthen our own advantages in artificial intelligence, how to harness that advantage in a responsible manner for national security, and also how the United States can do this work in lockstep with our partners around the world in ways that will protect our national security while also leveraging our advantages in AI for the benefit of countries around the world. 

    So, we hope you’ll join us for those remarks as well. 

    With that, I’ll turn it over to my colleague to provide more detail about the NSM itself.

    SENIOR ADMINISTRATION OFFICIAL:  Great.  Thanks.  And thanks, everybody, for joining.

    As many of you know, the administration’s approach to AI is rooted in the premise that capabilities generated by the transformer and large language model revolution in AI, often called frontier AI, are poised to shape geopolitical, military, and intelligence competition. 

    Now, most of the NSM is unclassified and will be released publicly.  It also contains a classified annex that primarily addresses adversary threats. 

    Now, the principles guiding our work in the NSM are simple.  They are that the U.S. should first lead the world’s development of safe, secure, and trustworthy AI, and establishing a stable and responsible framework to advance international AI governance.  And as a result, the NSM serves as a formal charter for the AI Safety Institute in the Department of Commerce, which we have created to be the primary port of call for U.S. AI developers.  They have already issued guidance on safe, secure, and trustworthy AI development and have secured voluntary agreements with companies to test new AI systems before they are released to the public. 

    Second, another principle is that the U.S. should harness the most advanced AI systems with appropriate safeguards to achieve national security objectives.  And we are directing that the agencies gain access to the most powerful AI systems and put them to use, which often involves substantial efforts on procurement. 

    And finally, all of this must be done in accordance with our values. 

    So, alongside the National Security Memorandum itself, we are publishing a companion document called the Framework for AI Governance and Risk Management for National Security that provides guidance on how agencies can and cannot use AI. 

    So, we also believe that we must out-compete our adversaries and mitigate the threats posed by adversary use of AI. 

    So, in summary, what I’ve outlined are essentially three core principles that you’ll see throughout the documents: securing the U.S.’s lead on AI; two, harnessing AI for national security; and, crucially, building in the governance framework to ensure that we are actually accelerating adoption in a smart way, in a responsible way, by having clear rules of the road.

    With that, I’ll turn it over to Eduardo.

    MODERATOR:  Thank you both.  We’ll now turn to our Q&A portion.  If you’d like to ask a question, please use the “raise your hand” feature on Zoom.

    First up, we’ll go to the line of Katrina Manson.  You should be able to unmute yourself. 

    Q    Hi there.  Thanks so much.  I would love to ask how you see the U.N. intention to have countries sign up to a ban on lethal autonomous weapons by 2026 and if any of your work foresees the U.S. signing up to that. 

    Many of the harms that you try to prevent on the civil use of AI, obviously in terms of bodily harms, are very much implied with the use of AI for the military.  And in the case of Maven, AI targeting is already being used to support battlefield firing in the Middle East by the U.S.  Can you address the very serious safety concerns around the use of AI targeting and whether you will consider a ban on lethal autonomous weapons, which can use AI?

    SENIOR ADMINISTRATION OFFICIAL:  Thanks for that question.  I’m happy to start with that. 

    So, first point is, as I think [senior administration official] noted, we’ll be releasing tomorrow, alongside the National Security Memorandum, a framework on responsible use of artificial intelligence in a national security context.  And so, you’ll see there really a lot of detail on kind of all the steps that we’re taking to ensure these systems are used responsibly. 

    Now, and the other thing I would point out is: While it’s not necessarily part of this NSM, although there’s a nod to kind of our diplomatic efforts and kind of direction to double down on those, some of you may be aware of the Political Declaration on Responsible Military Use of Artificial Intelligence and Autonomy.  And that’s a declaration where the Vice President, in fact, has kind of taken a leadership role.  And we have around 60 countries that have signed up to this declaration, which is really focused squarely on how AI and autonomy should be used.  And most recently, there was a summit held on this by South Korea. 

    So that’s another area where that combines both the substance that you’ll see in the framework on responsible use, but also, really, diplomatic efforts that we’ve been leading over the last few years.

    SENIOR ADMINISTRATION OFFICIAL:  And, sorry, if I can add to what was just mentioned.  The framework itself you’ll see actually references the political declaration that was just mentioned, and it also outlines the requirement for adherence to the Department of Defense’s Directive 3000.09 and successor related policies that address autonomous or semiautonomous weapons systems. 

    But in addition to that, as was just mentioned, there are a number of outlined prohibited use cases, as well as high-impact use cases that are relevant.  And one theme you’ll see in both the NSM and the framework document is the fact that we need to ensure that AI is used in a manner consistent with the President’s authority as Commander-in-Chief to decide when to order military operations in the nation’s defense, for instance.

    MODERATOR:  Thank you.  Next up, we’ll go to the line of Garrett (inaudible).  You should be able to mute yourself.

    Q    Hello.  Can you all hear me?

    MODERATOR:  We can, yes.

    Q    Great.  You mentioned that some of the commitments from companies are voluntary.  And, you know, just covering the big fight around legislation here in California, companies seem, from my perspective at least, to very much want to keep those commitments to safety and that kind of thing voluntary, rather than sort of required or legislated. 

    And I’m just wondering if, you know, the administration has a view, or if it’s published as part of this, about trying to sort of codify those voluntary commitments and make them more, you know, ironclad and not sort of up to the whims of these CEOs.

    SENIOR ADMINISTRATION OFFICIAL:  Thanks, Garrett.  So, I think on that point, I would just say we continue to work with colleagues on the Hill.  There are a number of proposals relating to, you know, regulations on artificial intelligence.  And so, that’s really — that’s, really, ongoing. 

    I think, really, the emphasis in the National Security Memorandum is really kind of making commitments ourselves as a government about how we will adopt and use artificial intelligence.  You know, as you point out, we have played a leadership role in getting some of those commitments from the companies.  We have taken those commitments and kind of — to the international stage, through the G7 and the Hiroshima process as well. 

    But, really, what we’re focused on tomorrow is what commitments can the government itself make on responsible use, which we think is important, by the way, not just for its own sake, but we also think that’s important to enable us to both accelerate both the development and also accelerate the adoption of use as well.  And that’s a point that I think you’ll hear the National Security Advisor focus on as well tomorrow.

    MODERATOR:  Thank you.  And next up, we’ll go to the line of Patrick Tucker.  You should be able to unmute yourself.

    Q    Hi.  Thanks.  Pat Tucker from Defense One.

    There’s a new paper out, actually this week, from Meredith Whittaker and a couple other folks at the AI Now Institute, actually pointing out some of the potential dangers of some of these commercially facing AI products in national security contexts. 

    And they point out that some of these generative AI tools have very large — unacceptably large false positive rates.  They hallucinate, often, a lot.  And sometimes to train them, they rely on publicly available data, including data that might come from data brokers and other sources that poses a potential privacy risk, particularly to Americans, because Americans produce a lot more purchasable data than do citizens in China or Russia. 

    So can you talk a little bit about how this memorandum does or does not address data vulnerability of Americans and some of the potential risks in the national security setting of adopting commercial and consumer-facing AI tools that have high hallucination rates or false positive rates?  Thank you.

    SENIOR ADMINISTRATION OFFICIAL:  Do you want to start with that?  You can join as well.

    So, thanks for the question.  Look, I think some of these, you know, concerns I think are ones that I think colleagues in the national security community are acutely aware of.  You know, there are a few points here. 

    One is, you know, we have to go through a process of accrediting systems.  And that’s not just for AI systems, but you know, national security systems generally.  And so, that’s point one, to kind of ensure that they are fit for the purpose or particular mission. 

    I think the second point is: We are, you know, very — I think very aware that what we’re doing at this stage is really trying to ensure that we have pilots and some important experimentation happening, because there are going to be challenges associated with adopting any new technology. 

    Third is, the framework that [senior administration official] mentioned is one that’s going to have to be continuously updated.  And we have tried to set it up in a way so that that can happen in real time as there are challenges that are inevitably encountered.

    And parallel to the policy process here, we have a lawyers group that is kind of working very intensively to ensure that, obviously, all existing law is complied with, but also to ensure that novel legal issues as we encounter them are addressed in a timely way as well. 

    I do want to just address the point on data that you mentioned specifically, which is, you know, we have been very concerned about the ways in which Americans’ sensitive data can be sold, really through the front door — through first collected in bulk, then sold through data brokers, and then end up in the hands of our adversaries.  And so, that’s something that the President issued an executive order on to try to restrict adversary access to some of that data.  And, in fact, just this week, we took one more step in the regulatory process through a notice of proposed rulemaking to try to get that final later this year.

    SENIOR ADMINISTRATION OFFICIAL:  And if I can just add on that. 

    So, in addition to the work that the AI Safety Institute is going to do, and as [senior administration official] mentioned some of the other work, you’ll see that in the NSM itself there are very specific requirements for specific agencies and our intelligence community, and, for instance, the Department of Energy to do classified testing of different systems for different purposes for this very reason. 

    And in addition to that, as [senior administration official] mentioned, there’s a strong focus on experimentation here for this very reason.  We want to see rapid adoption, but we also want to see experimentation that will tease out kind of what missions are best suited for various systems and also tease out the challenges of them.  And that’s going to require leaning forward and experimenting, adopting, and then doing all of the work that was just mentioned as well, in terms of both policy and legal review.

    MODERATOR:  Thank you.  We have time for one more question, and we’ll go to the line of Maria Curry.  You should be able to unmute yourself. 

    Q    Hey.  Thanks for taking my question.  I’m wondering if export controls are part of this at all.  And if so, can you elaborate how those might be helpful? 

    And then, if you could just elaborate, too, on the third point.  Could you dig in a little bit deeper into how agencies can or can’t use the technology?  Could you provide an example or two of that?  Thank you.

    SENIOR ADMINISTRATION OFFICIAL:  I can speak to the export control piece, and, [senior administration official], maybe you can speak to some of the prohibited use cases. 

    So, really, the NSM does kind of address, kind of as a matter of policy, the importance of protecting advanced AI technologies so that they’re not used against us by adversary militaries or intelligence services.  And so, at a high level, it does kind of try to emphasize the importance of maintaining those policies and making sure that we are continuously adapting to efforts to circumvent those measures. 

    And as you know, those export controls cover not only GPUs, the advanced AI chips, but also the semiconductor manufacturing equipment that’s necessary to manufacture those as well.  So, that full aspect of the supply chain.

    [Senior administration official] do you want to say anything about prohibited uses?

    SENIOR ADMINISTRATION OFFICIAL:  Sure.  So, you’ll see in the accompanying framework document that I mentioned, it identifies both prohibited, as well as what we call high-impact AI use cases, based on the risk that they pose to national security, international norms, democratic values, human rights, civil rights, civil liberties, privacy, and safety.

    And on the prohibited end of the spectrum, these will be — not surprising, but there are clear prohibitions on use of AI with intent or purpose, for instance, to unlawfully suppress or burden the right to free speech or the right to legal counsel. 

    There’s also prohibited use cases around, for instance, removing a human in the loop for actions critical to informing and executing decisions by the President to initiate or terminate nuclear weapons employment, for example.  That runs the spectrum of kind of military-related activities, but also protecting civil liberties and tracking international norms. 

    But in doing that, we actually view these restrictions — so these prohibitions, for example, as well as the high-impact cases — as being important in clarifying what the agencies can and cannot do.  That will actually accelerate experimentation and adoption.  Because one of the paradoxical outcomes we’ve seen is: With a lack of policy clarity and a lack of legal clarity about what can and cannot be done, we are likely to see less experimentation and less adoption than with a clear path for use, which is what the NSM and the framework tries to provide.

    MODERATOR:  Thank you.  That’s all the time we have for today.  Big thanks to our speakers, and thanks to you all for joining.

    As a reminder, this call is on background, attributable to senior administration officials.  And this call and its contents are embargoed until 6:00 a.m. Eastern tomorrow. 

    Thanks, all, for joining.  And be sure to tune in tomorrow to National Security Advisor Jake Sullivan’s remarks on this topic.  Thanks again.

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Asia-Pac: Report on wetland parks released

    Source: Hong Kong Information Services

    The report of the Strategic Feasibility Study on the Development of the Wetland Conservation Parks (WCPs) System was released today. 

    The development of a WCPs System was promulgated in the Northern Metropolis Development Strategy in 2021, with a view to conserving the Deep Bay wetlands with ecological value, and creating environmental capacity for the Northern Metropolis to achieve co-existence of conservation and development.

    A strategic feasibility study was commissioned by the Agriculture, Fisheries & Conservation Department (AFCD) in August 2022.

    The feasibility study considered that the development of the WCPs System was feasible and worthwhile, which could effectively conserve the wetlands in the Deep Bay area and enhance their ecological value, promote the modernisation of the aquaculture industry, and provide eco-education and recreation facilities for public enjoyment.

    At the same time, the development of the WCPs System could also create environmental capacity for the development of the Northern Metropolis, and achieve co-existence of conservation and development.

    The feasibility study recommended developing the WCPs System in phases by developing the Sam Po Shue WCP first.

    Subsequently, by making reference to the experience of planning and establishing the Sam Po Shue WCP, further studies on the remaining proposed parks would be reviewed in due course, such as the Hong Kong Wetland Park Expansion Area, Nam Sang Wai WCP, and Hoo Hok Wai WCP – including the Sha Ling/Nam Hang area.

    Specific positioning and functions for each Park were recommended by the consultant based on their respective conditions, and broad zonings, including a Biodiversity Zone, Eco-friendly Aquaculture Zone, Fisheries Enhancement Zone and Visitor Zone, were delineated under the conceptual plan of each park.

    It was also recommended that the Government oversee the overall management of the whole WCPs System, and manage the different zones within the parks in co-operation with different parties, depending on the relevant functions and operational needs.

    Such parties include non-governmental organisations, agriculture and fisheries associations, local communities, private landowners and the private sector.

    The AFCD said the recommendations of the report are generally acceptable and would be taken into consideration in the next stage when detailed studies are carried out on the investigation, design and construction of the parks.

    MIL OSI Asia Pacific News –

    January 25, 2025
  • MIL-OSI Security: Mary’s Harbour — Mary’s Harbour RCMP partners with NL Health Services, three new ‘Wind Phones’ constructed

    Source: Royal Canadian Mounted Police

    To mark World Mental Health Day, Mary’s Harbour RCMP, working in partnership with NL Health Services, Labrador Grenfell Zone, recently had three new ‘Wind Phones’ constructed.

    Three new areas, Charlottetown, Port Hope Simpson, and St. Lewis, will now benefit from these ‘Wind Phones’, a local mental health initiative by Corporal Tom Roach of Mary’s Harbour RCMP and Mental Health and Addictions Counsellor Grace Reyes of NL Health Services, Labrador Grenfell Zone.

    Police thank the municipalities of Charlottetown, Port Hope Simpson and St. Lewis for their support of this project.

    The ‘Wind Phone’ is a concept originally developed in Japan to assist people in dealing with grief and other mental health issues. It is an unconnected phone placed in nature that allows people the opportunity to feel that they can speak to their loved ones who have passed on or vocalize their feelings about loss, grief, etc. It is an outlet for people to externalize their emotions and process difficult feelings, in a safe space.

    Mary’s Harbour RCMP encourages anyone who is struggling with their mental health to please reach out for help by calling 811 or contacting any of the following resources – in emergencies, call 911:

    NL Health Services, Labrador Grenfell Zone Mental Health and Addictions Resources:
    https://www.lghealth.ca/mha

    Help Lines and Navigation:
    https://www.lghealth.ca/your-health/programs-and-services/mha/help-lines-and-navigation/

    Bridge the Gapp:

    https://www.bridgethegapp.ca/

    Kids Help Phone – 1-800-668-6868

    NL Health Services, Labrador Grenfell Zone Mental Health Crisis Line – 1-888-737-4668 or 709-737-4668

    Background:

    https://www.rcmp-grc.gc.ca/en/news/2023/marys-harbour-rcmp-and-labrador-grenfell-health-join-forces-local-mental-health-care

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN attends the ASEAN Festival of Arts

    Source: ASEAN

    Secretary-General of ASEAN Dr. Kao Kim Hourn this evening attended the ASEAN Festival of Arts held in the historic city of Melaka that brought together cultural troupes from ASEAN Member States and ASEAN Plus Three Partners, as well as Timor-Leste, who put together a dance extravaganza, reflecting the cultural vibrancy and rich heritage of ASEAN.

    The post Secretary-General of ASEAN attends the ASEAN Festival of Arts appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    January 25, 2025
  • MIL-OSI China: Xi advocates high-quality development of greater BRICS cooperation at milestone summit

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

    Xi advocates high-quality development of greater BRICS cooperation at milestone summit

    KAZAN, Russia, Oct. 24 — Chinese President Xi Jinping on Wednesday called on BRICS countries to work for the high-quality development of greater BRICS cooperation as leaders gathered here for the 16th BRICS Summit.

    In his address to the summit, Xi emphasized the need for BRICS countries to seize the historical opportunity and work together to strengthen solidarity and cooperation among Global South nations.

    STRENGTHENING SOLIDARITY

    During a small-group meeting, President Xi welcomed new members to the BRICS family and extended invitations to many other countries to become partner countries.

    Xi pointed out that the enlargement of BRICS is a major milestone in its development history, and a landmark event in the evolution of the international situation. It is for their shared pursuit and for the overarching trend of peace and development that BRICS countries have come together, he said.

    Stressing that the world is undergoing accelerated changes unseen in a century, marked by new trends of multipolarity and the risks of a “new Cold War,” Xi said BRICS countries should seize the historical opportunity, take proactive steps, remain committed to the original aspiration and mission of openness, inclusiveness and win-win cooperation, conform to the general trend of the rise of the Global South, seek common ground while reserving differences, work in concert to further consolidate common values, safeguard common interests, and strengthen BRICS countries through unity.

    “We must work together to build BRICS into a primary channel for strengthening solidarity and cooperation among Global South nations and a vanguard for advancing global governance reform,” Xi said.

    Xi stressed that the more turbulent the world is, the more BRICS countries should uphold the banner of peace, development and win-win cooperation, refining the essence of BRICS and demonstrating its strength. BRICS countries should raise the voice of peace, advocating a new path to security that features dialogue over confrontation and partnership over alliance.

    Xi also urged BRICS countries to jointly pursue a path of development, advocate a universally beneficial and inclusive economic globalization, and stay committed to the principle of common development. He said BRICS countries should consolidate the foundation of cooperation, deepen cooperation in traditional areas such as agriculture, energy, minerals, economy and trade, expand cooperation in emerging areas such as green, low-carbon and artificial intelligence, and safeguard trade, investment and financial security.

    ADVANCING DEVELOPMENT

    As the high-profile gathering unfolded amid global uncertainties, BRICS embarked on a new chapter, cementing its growing influence on the world stage.

    President Xi, addressing the leaders in an expanded format, put forward five suggestions: building a BRICS committed to peace, innovation, green development, justice, and closer people-to-people exchanges.

    “We must build on this milestone summit to set off anew and forge ahead with one heart and one mind,” Xi said. “China is willing to work with all BRICS countries to open a new horizon in the high-quality development of greater BRICS cooperation.”

    This year’s summit also marked another major milestone with the decision to invite a number of nations as partner countries, further advancing the group’s development.

    During Wednesday’s meetings, leaders exchanged views on BRICS cooperation and crucial international issues of shared concern under the theme “Strengthening Multilateralism for Just Global Development and Security.” Central to their discussions were global and regional security, sustainable development, climate change, and reforms in global economic governance.

    A notable focus of the summit was the call for increased funding to support the sustainable development of developing countries. Egyptian President Abdelfattah al-Sisi said that BRICS aims to “strengthen a multipolar international system,” particularly through facilitating “innovative and effective” financing for developing nations.

    Russian President Vladimir Putin said that “the trend for the BRICS’ leading role in the global economy will only strengthen.” He cautioned against the ongoing risks posed by geopolitical tensions, unilateral sanctions, and protectionism. “A key task is to promote the use of national currencies to finance trade and investment,” Putin said.

    Brazilian President Luiz Inacio Lula da Silva, who participated in the summit via video link due to a head injury, said, “It’s not about replacing our currencies, but we need to work so that the multipolar order we aim for is reflected in the international financial system.”

    BRICS has already made strides with the New Development Bank (NDB), headquartered in Shanghai. On Wednesday, the BRICS countries agreed to support the NDB in implementing its general strategy for 2022-2026 and in expanding local currency financing.

    In a declaration issued at the 16th BRICS Summit, they also agreed to jointly build the NDB into a new type of multilateral development bank for the 21st century, support its further expansion of membership, and expedite the review of membership applications from BRICS countries in accordance with its general strategy and related policies.

    Leaders also advocated for a fairer global order for the Global South. South African President Cyril Ramaphosa said that BRICS is an inclusive bloc capable of changing the trajectory of the Global South. “To do this we must realize the full potential of our economic partnership, to ensure sustainable development for all and not just for some,” he said.

    “The period of unilateralism is coming to an end,” said Iranian President Masoud Pezeshkian, calling for a more equitable global system.

    GROWING APPEAL

    The term BRIC was initially coined in 2001 by Jim O’Neill, former chief economist at Goldman Sachs, as an investment concept referring to emerging market economies of Brazil, Russia, India and China. With South Africa’s inclusion in 2010, BRICS officially took shape.

    In a recent interview with Xinhua, O’Neill acknowledged the need for policymakers to collaborate in creating an optimal system that benefits all. “I think as we pass through time, we will find a new equilibrium where countries will be more at ease with what other countries are doing,” he said.

    In recent years, BRICS has garnered attention from countries around the world. Over 30 countries, including Thailand, Malaysia, Türkiye, and Azerbaijan, have either formally applied for or expressed interest in joining the group. Many other developing countries are also seeking stronger cooperation with BRICS.

    The growing interest from countries seeking to join BRICS cooperation each year demonstrates that in today’s troubled world, BRICS is not only important but essential, said Bunn Nagara, director and senior fellow at the Belt and Road Initiative Caucus for Asia-Pacific.

    “China, led by President Xi, has contributed significantly to BRICS’ success with a progressive and enlightened approach,” said Nagara.

    BRICS is seen as a vital platform for developing countries to pursue growth and address global imbalances.

    The enlargement of BRICS is “important in tipping the financial and technological balance in favor of the majority Global South rather than the minority Global North,” Webby Kalikiti, a lecturer and researcher at the Department of History, University of Zambia noted. He believed that the future of the world depends on the cooperative energies of all countries and the transition to a multipolar world.

    Ahmed Al-Ali, a political and strategic researcher at the Gulf Research Center in Dubai, believed that BRICS aims to foster a more equitable, effective, and rational international system.

    It will play a crucial role in promoting development and growth opportunities for Global South countries, while also ensuring the sustainability of economic and social progress, said Al-Ali.

    Similarly, Sithembiso Bhengu, a senior research fellow with the Sociology Department, University of Johannesburg said that “the BRICS mechanism presents real possibilities for making the globe a fairer community of nations, with possibilities for mutual support and cooperation towards our respective goals in modernization and development.”

    MIL OSI China News –

    January 25, 2025
  • MIL-OSI Europe: OSCE-supported Green Economic Forum 2024 facilitates green growth in Central Asia

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE-supported Green Economic Forum 2024 facilitates green growth in Central Asia

    Edil Baisalov, Deputy Chairperson of the Cabinet of Ministers of the Kyrgyz Republic speaks in front of 500 participants of the Green Economic Forum 2024. (OSCE/Chyngyz Zhanybekov) Photo details

    Bishkek, 23 October 2024 – Over 500 participants from Central Asia gathered at the Green Economic Forum 2024 to set priorities for advancing sustainable development across the region. The event brought together government officials, international experts, and business leaders to explore strategies for green economic growth, environmental sustainability, and regional co-operation.
    Key discussions focused on renewable energy, eco-friendly construction, waste management, and green financing. The forum provided a platform for knowledge sharing and collaboration, helping governments and businesses identify joint actions for green projects, ahead of the upcoming UN Climate Change Conference (COP-29) in Baku.
    In his opening remarks, Edil Baisalov, Deputy Chairperson of the Cabinet of Ministers of the Kyrgyz Republic, emphasized the forum’s importance in linking economic growth with environmental protection. “The green economy is not just a concept, it is a solution for achieving a balanced, long-term development that safeguards our natural resources,” noted Baisalov.
    Ambassador Alexey Rogov, Head of the OSCE Programme Office in Bishkek, underscored the significance of regional collaboration. “Promoting a green economy is essential for achieving sustainable development goals in the face of climate change. Today’s discussions fosters stronger partnerships between businesses, governments, and industry associations, paving the way for innovative solutions in Central Asia,” Ambassador Rogov stated.
    The forum also provided an opportunity for local businesses to showcase their eco-friendly products/ solutions at the exhibition held during the event. Entrepreneurs exchanged contacts and ideas, facilitating regional business connections and laying the groundwork for future contracts, which will boost cross-border collaboration on green innovations.
    The forum’s outcomes contribute to shaping national strategies and policies, driving the region’s transition towards a low-carbon and resource-efficient economy.

    MIL OSI Europe News –

    January 25, 2025
  • MIL-OSI Russia: “Language is the key to understanding the soul of a country”

    Translation. Region: Russian Federation –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Photo: freepic.com

    21 countries and 52 universities open their doors every semester to HSE students participating in the international academic mobility program. In the fall semester of this year, Sofia Malyukova, a third-year student of the bachelor’s program, went to study at the Ca’Foscari State University (Venice, Italy) under the academic mobility program.Foreign languages and intercultural communication» Foreign language schools National Research University Higher School of Economics.

    Her training in Ca’Foscari, whose rich history spans over 150 years, will last for two modules: from September 2024 to February 2025.

    Why Italy and the University of Venice

    — I have dreamed of studying in Italy since the 10th grade, and today, thanks to the HSE School of Foreign Languages, my dream has come true. I chose the Ca’Foscari University of Venice thanks to the positive feedback from students of our educational program who had already studied in Venice and were absolutely delighted with this university. In addition, the process of creating a curriculum turned out to be quite easy, since Ca’Foscari offers an extensive list of subjects for international students.

    Studying at the HSE School of Foreign Languages

    — I studied Italian from the age of 14 with a teacher, outside the school curriculum, because I was always attracted by the culture and history of Italy, and language is the key to understanding the soul of the country. Now my level of Italian is C1-C2, which allows me not only to communicate freely at the university, but also to feel confident outside of it.

    Having entered the first year of the bachelor’s degree program at the School of Foreign Languages (SFL) of the National Research University Higher School of Economics, I decided to choose French as my second foreign language because I wanted to learn another language from scratch. And I continue to intensively develop my Italian skills thanks to the variety of extracurricular activities of the HSE School of Foreign Languages related to Italian: I take part in annual International scientific and practical conference for students and postgraduates “Lingua e cultura italiana: soft power in the XXI century”, and also help with the preparation of events for the Italian Club of the HSE University School of Economics.

    Educational program at the University of Venice

    — The program for this semester is intense. I will study English and French, the theory of the first foreign language, the theory of teaching a foreign language, intercultural communication. Mobility at Ca’Foscari University will certainly bring me new unique experience for my future career. This university is one of the strongest in the field of linguistics. Here I will be able to expand my knowledge in a unique intercultural academic environment and learn how cultural differences affect corporate interaction, which is especially important for my specialization “Intercultural Corporate Communication”, which I will begin studying this academic year.

    Life in a city of contrasts

    — Venice certainly made a strong impression on me right away. It is a city that seems like a fairy tale and almost unreal, especially when you see it for the first time. Walking along narrow streets, crossing numerous bridges, you understand that every corner here breathes history. Venice is a city of contrasts. On the one hand, it is a tourist center, which is felt most strongly in the city center. But once you turn aside, go deeper into lesser-known neighborhoods, you find yourself in quiet, almost deserted places, where it seems that time has stopped.

    Of course, at first we had to get used to the absence of familiar streets, avenues and cars. Instead, locals travel by water trams (vaporetto), which is very convenient and fast.

    As for the climate, there is very high humidity, which is especially noticeable during the rainy season (usually late October and February). On rainy days, the streets can be slightly flooded, a phenomenon called “high water” (aqua alta), and then you have to go around the streets next to the canals. So living on the water is not only romantic, but also difficult. On the other hand, it has its charm: Venice is surrounded by water, and you always feel it.

    When I was choosing a place to live, I wanted to live not in Venice itself, but on the mainland, where there are more amenities for living. That’s why I found an apartment in the small town of Mestre, 15 minutes from Venice. These cities are connected by regular buses and trains, so there are no problems with transportation.

    And for students in Venice, there is a special transport card that allows you to move around Venice and the nearby cities (Mestre and Marghera) by bus, tram and vaporetto. Some campuses of Ca’Foscari University are located near vaporetto stops, so students also actively use this transport. However, in Italy there are often strikes during which employees of the transport industry do not work, so you have to plan your routes in advance.

    Ca’Foscari is like home

    — Studying at the University of Venice is an unforgettable experience due to the intercultural exchange, as students from all over the world study here. Among my friends there are not only Italians, but also guys from Japan, Korea, Turkey, America, Great Britain, Russia.

    All foreign students are treated very kindly, including by teachers who value foreign students very much and are always ready to help. All Italians are very hospitable and open, so I immediately felt at home among them.

    At the university, classes usually start early in the morning, but some subjects can be held in the evening, depending on the course. The class lasts for an hour and a half, which is universal for all Italian universities. In addition to classes at the Italian university, I take some compulsory subjects of my educational program at the National Research University Higher School of Economics online.

    Overall, my workload here is distributed very conveniently, thanks to which I have time to devote to additional education, my hobbies and travel around Italy. For example, I have already managed to visit seven cities: Rome, Milan, Florence, Verona, Peschiera del Garda, Padua and Treviso.

    As for the canteen, the university has one, but not all campuses. For example, some campuses are just classrooms in historical buildings, where there is no canteen. Moreover, breaks between classes last only 15 minutes, so it is best to take a snack from home to avoid standing in line at the canteen. I cook at home most often, but I also like to try different dishes of Italian cuisine. Sometimes we get together with foreign friends at Italians, cook pasta together and chat, exchanging impressions and telling each other about our cultures.

    Studying here is a unique cultural experience that I will definitely not forget. Venice teaches you not to rush, to enjoy the moment and the beauty around you. There is a special magic in Venice that cannot be explained in words, but can only be felt by seeing the city with your own eyes.

    Advice for those who want to take part in academic mobility

    — First of all, it was necessary to draw up an individual curriculum and coordinate it with the educational office. I chose the subjects that I would study in Italy and transfer upon my return. Therefore, it is very important that the content of the curriculum corresponds to the subjects studied at that time in our educational program at the School of Foreign Languages of the National Research University Higher School of Economics.

    The motivation letter was also an important document, as it was where I could explain how the opportunity to participate in the mobility program was connected with my academic and career goals and why my candidacy should be selected. The motivation letter is the only opportunity to “talk” to the admission committee, so it is very important to talk about your experience, personal qualities and plans for the future. Do not be afraid to fully disclose your achievements and show your desire for new heights!

    In addition to the motivation letter, letters of recommendation from teachers play a significant role. In my experience, it is important that they reflect various aspects of your activities. For example, I attached recommendations that covered not only my academic successes, but also extracurricular achievements (active participation in the life of the HSE School of Foreign Languages and the HSE School of Foreign Languages Italian Club, experience of volunteering at Olympiads and working as a teaching assistant).

    My main advice is to start preparing for the competition in advance and carefully work through each document. Approach this process as responsibly as possible and keep in mind that the commission pays attention not only to your academic achievements, but also to how you show yourself outside of your studies. Show your activity and interests, tell how the academic mobility program is connected with your plans for the future, and then your chances of successfully passing the selection will increase significantly.

    And of course, don’t be afraid of anything. Follow your dream, dare and be sure that getting the coveted letter that you have passed the competitive selection for the academic mobility program is quite possible. Good luck!

    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.

    MIL OSI Russia News –

    January 25, 2025
  • MIL-OSI: Iterate.ai Partners with Intel, Bringing its AI Manager to Intel AI PCs

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif. and DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) — Iterate.ai, whose AI platform enables enterprises to build production-ready AI applications and ready-to-use products for private AI requirements and the AI PC era, has partnered with Intel to bring Generate, Iterate.ai’s secure AI Manager application, to Intel AI PCs.

    From summarizing customer comments to analyzing inventory to providing logo designs and much more, Generate gives businesses an essential personal AI assistant and instant go-to resource for business guidance and generative AI needs. Generate utilizes RAG and multiple secure vector databases and runs LLMs locally on AI PCs using its advanced capabilities. The Generate framework enables businesses to benefit from multiple small and large language models. With this partnership, Intel is including Generate in application bundles for use on Intel Meteor Lake AI PCs and Intel’s upcoming Lunar Lake AI PCs.

    As a private LLM manager and personal AI assistant, Generate utilizes LLMs optimized for Intel’s AI PC architecture to provide businesses with increased productivity and seamless user experiences. Generate can run on a private cloud in an on-premise data center—or even locally on an AI PC, with no internet connection required. That flexibility maximizes the application’s security, prevents data leakage, and conforms to stringent IT regulations. Users can simply point Generate at documents and data in a private cloud or stored locally, ask questions or make requests, and quickly receive results to drive their businesses forward.

    Generate’s capabilities and benefits for businesses include:

    • Analyze Local Documents on AI PCs: Gain insights from legal, employee training, HR, or product documents by asking questions, defining terms, or generating new content with tailored modifications based on existing documents.
    • Private Documents: Keep sensitive information secure and compliant by storing all documents locally—nothing goes to the cloud, ensuring trust and privacy.
    • Vector Database: Efficiently handle spatial queries, indexing, and data analysis for applications like mapping, navigation, and spatial analytics.
    • Document Search: Instantly find and retrieve relevant information for research, reference, or decision-making.
    • Workflow Cards: Leverage LLM-powered workflows to automate tasks—such as searching the web for new data, integrating it with existing documents, and generating updated content.

    “Generate on Intel AI PCs is a business’s ally and oracle when it comes to boosting productivity and navigating decisions that eliminate inefficiency, spur creativity, and drive growth,” said Brian Sathianathan, CTO and co-founder Iterate.ai. “Business owners can ask everything from ‘How do I build an e-commerce site?’ to ‘What are the red flags in this office lease?’ to ‘How can I do SEO well?’ and receive precise answers to their specific business and needs. We’re proud to partner with Intel to provide businesses with this valuable resource.”

    “We are excited to collaborate with Iterate.ai to bring the AI capabilities offered by Generate to Intel AI PCs,” said Justin Christiansen, GM Software and Services Partners at Intel. “This unleashes the productivity benefits of generative AI to Intel AI PC users with enhanced privacy and security as the applications run locally on the device. Users can confidently gain insights and efficiencies leveraging private documents to answer questions, generate content, instantly retrieve information and more.”

    About Iterate.ai

    Iterate.ai is at the forefront of empowering businesses with state-of-the-art AI solutions, like Generate and its AI low code platform, Interplay. Interplay is cloud-agnostic and can run AI on the edge and in secure private environments. With six patents granted (including “drag-and-drop AI”) and nearly a dozen more pending, Iterate.ai’s platform offers corporate innovators a low-risk, systematic way to scale in-house, near-term digital innovation initiatives. With its largest office in San Jose, CA and Denver, CO, Iterate.ai has a global presence with other offices in North America (Texas, Washington, Arizona), Europe (Stockholm), and Asia (India, Sri Lanka, Singapore).

    Contact
    Kyle Peterson
    kyle@clementpeterson.com

    The MIL Network –

    January 25, 2025
  • MIL-OSI Global: Coffee price volatility harms the mental health of farmers

    Source: The Conversation – UK – By Saurabh Singhal, Associate professor, Lancaster University

    Oleg Brusencev/Shutterstock

    Coffee is a drink that punctuates many of our lives. Millions of us depend on this dark liquid to start the morning, or to break up the day.

    It has also become quite an expensive habit. But before we baulk at paying £5 for a flat white, it’s worth thinking about the price paid by the coffee farmers who provide its base ingredient.

    For behind every latte and espresso lies the toil and stress of coffee farmers, who face serious challenges to bring their popular product to the rest of the world. Harvests can be devastated by extreme weather events or pests and plant diseases, while volatile market prices add another layer of worry, making future income uncertain.

    This volatility exists in other crops, but especially so for coffee, the price of which is extremely unpredictable. It can rise and fall frequently because of the weather, market demand and the state of the global economy.

    Coffee trees take up to four years to grow and produce beans, and cutting them down is expensive, so farmers can’t easily change how much coffee they produce based on price changes.

    But price volatility means that farmers can’t be sure about their income at harvest time, which can be incredibly stressful. And our research shows just how much that unpredictability affects farmers’ mental health.

    Our work focused on farmers in Vietnam, a country where coffee production has soared over the last three decades. From accounting for just 1.2% of world output in 1989, Vietnam is currently the second largest producer in the world (after Brazil) producing just under 30 million 60kg bags a year. Vietnam produces mainly “robusta” coffee beans, grown by small farmers in the central highlands region of the country.

    Using data from a long-running observational survey to assess mental health, we looked at how Vietnamese coffee farmers experienced symptoms of depression including sadness, hopelessness, lack of concentration and poor sleep – and how these were linked to monthly international robusta coffee prices.

    Using a range of techniques to interpret the data, we found clear evidence that being exposed to coffee price fluctuations increased depressive symptoms among farmers of the crop. They also had lower overall wellbeing because of greater mental stress and worry over their economic future – and drank more alcohol.

    A coffee farm in Vietnam.
    Elizaveta Galitckaia/Shutterstock

    The impact of all of this uncertainty is significant. According to the World Health Organization, poor mental health is a major contributor to the global burden of disease, especially in low-income countries where mental illness and poverty are closely linked.

    Estimates suggest that as much as 80% of the world’s depressive disorder burden is borne by low and middle income countries. But these issues are often overlooked, even though they are crucial to addressing poverty.

    What can coffee drinkers do?

    There are ways to tackle the mental health effects of coffee price volatility. Initiatives to promote price stability in the global coffee markets and financial literacy among farmers, would be worth pursuing. So too would work to improve mental health support within farming communities, providing resources for coping with stress and building resilience.

    Coffee lovers around the world can also play their part by choosing the their drink carefully. Fairtrade certification for example, was set up to help reduce coffee price volatility and the resulting poverty it caused.

    It guarantees a minimum price for certified coffee, covering the average cost of sustainable production and reducing the financial risks farmers face. Fairtrade-certified farmers also receive a premium to invest in projects that improve the quality of life for their communities.

    And research suggests it is succeeding. A 2005 study of coffee farmers in Nicaragua revealed that Fairtrade farmers are less concerned about the possibility of losing their farm in the coming year compared to conventional farmers. And using data from Costa Rica, research from 2022 has found fair trade certification was effective in increasing farmers’ income.

    So the next time you savour your morning cup of coffee, take a moment to consider the people who cultivated the beans which made the drink. Coffee farmers deserve our appreciation – but also our help in establishing fairer, more stable market conditions which safeguard their livelihoods and mental health.

    Saurabh Singhal received funding from the University of Copenhagen.

    Finn Tarp has over the years received funding from a variety of donors and research funding agencies for work in Vietnam on on development issues . This is relevant only in the sense that is has helped inform about living conditions in the country.

    – ref. Coffee price volatility harms the mental health of farmers – https://theconversation.com/coffee-price-volatility-harms-the-mental-health-of-farmers-236833

    MIL OSI – Global Reports –

    January 25, 2025
  • MIL-OSI Economics: Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 – Indian Mercantile Co-operative Bank Limited (IMCBL), Lucknow – Extension of period

    Source: Reserve Bank of India

    The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, to Indian Mercantile Co-operative Bank Limited (IMCBL), Lucknow vide Directive DOS.CO.OCCD.185569/12.28.007/2021-22 dated January 28, 2022 for a period of six months upto July 27, 2022, as modified from time to time, which were last extended upto October 27, 2024 vide Directive DOR.MON/D-36/12.28.007/2024-25 dated July 19, 2024. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond October 27, 2024.

    2. Accordingly, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from close of business of October 27, 2024 to close of business of January 27, 2025, subject to review.

    3. Other terms and conditions of the Directives under reference shall remain unchanged.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1365

    MIL OSI Economics –

    January 25, 2025
  • MIL-OSI NGOs: Myanmar: Rohingyas face worst violence since 2017 – new testimony

    Source: Amnesty International –

    Rohingya face persecution from rebel Arakan Army and Myanmar military

    Bangladesh has forcibly returned more than 5,000 Rohingyas this year

    Refugee camps desperately short of essential supplies and services

    ‘We quickly hid in the mud, sitting down in the muddy water, and then another bomb exploded, killing my parents, sisters and many others’ – 18-year-old woman

    ‘Those lucky enough to make it to Bangladesh do not have enough to eat, a proper place to sleep, or even their own clothes’ – Agnès Callamard

    Newly arrived Rohingya refugees in Bangladesh need urgent access to food, shelter and medical attention after enduring the worst violence against their communities since the Myanmar military-led campaign in 2017, Amnesty International said today.

    New testimony gathered by Amnesty shows how Rohingya families forced to leave their homes in Myanmar have been caught in the middle of increasingly fierce clashes between the Myanmar military and the Arakan Army, one of many armed groups opposing the junta. Hundreds of thousands of people have been internally displaced and upwards of tens of thousands of Rohingya have crossed the border or are waiting to cross the border to seek refuge in Bangladesh.

    The recent escalation in Myanmar’s Rakhine State started in October 2023 with the launch of a rebel counter-offensive by the Arakan Army and two other armed groups that has posed the biggest threat to military control since the 2021 coup. Myanmar’s military has responded by stepping up indiscriminate air strikes that have killed, injured and displaced civilians.

    The impact on Rakhine State, where many of the more than 600,000 Rohingya in Myanmar still live, has been severe with towns transformed into battlegrounds.

    In Bangladesh, authorities have been pushing Rohingya fleeing the conflict back into Myanmar, while those who reached the Bangladesh camps told of a desperate shortage of essential supplies and services there.

    Agnès Callamard, Amnesty International’s Secretary General, said:

    “Once again, the Rohingya people are being driven from their homes and dying in scenes tragically reminiscent of the 2017 exodus.

    “We met people who told us they lost parents, siblings, spouses, children and grandchildren as they fled fighting in Myanmar. But this time, they are facing persecution on two fronts, from the rebel Arakan Army and the Myanmar military, which is forcibly conscripting Rohingya men.

    “Those lucky enough to make it to Bangladesh do not have enough to eat, a proper place to sleep, or even their own clothes.

    “The interim Bangladesh government and humanitarian relief organisations must work together so that people can have access to essential services such as food, adequate shelter and medical care.

    “Bangladesh must also ensure that it does not forcibly return people to escalating conflict. Meanwhile, the international community needs to step up with funds and assistance for those living in the refugee camps.”

    First-person accounts of killings

    In September, Amnesty interviewed 22 people in individual and group settings who recently sought refuge in Bangladesh, joining more than one million Rohingya refugees, the majority having arrived in 2017 or earlier.

    The new arrivals said the Arakan Army unlawfully killed Rohingya civilians, drove them from their homes and left them vulnerable to attacks, allegations the group denies. These attacks faced by the Rohingya come on top of indiscriminate air strikes by the Myanmar military that have killed both Rohingya and ethnic Rakhine civilians.

    Many Rohingya, including children, who were fleeing the violence to Bangladesh drowned while crossing by boat.

    Bangladesh blocks Rohingya seeking safety

    The people Amnesty interviewed in Bangladesh had recently fled Maungdaw Township in northern Rakhine State, which the Arakan Army tried to capture from the Myanmar military after seizing Buthidaung Township in May.

    Many were survivors of a drone and mortar attack that took place on 5 August on the shores of the Naf River that divides Myanmar and Bangladesh.

    All those interviewed stressed that their urgent priority now was access to basic services in the camp, including aid, shelter, money, security, food and healthcare.

    They were also terrified of being sent back to Myanmar. But Amnesty International found that Bangladeshi border authorities have forcibly returned Rohingya people fleeing the violence, in violation of the international law principle of non-refoulment, which prohibits returning or transferring anyone to a country where they are at risk of serious human rights violations.

    A 39-year-old Rohingya man told Amnesty that he fled Maungdaw with his family on 5 August and on the early morning of following day when they were near the Bangladesh shore their boat started taking on water before tipping over.

    He said he passed out and woke up on the beach to see dead bodies washed ashore. He later discovered that all six of his children, aged between two and 15, had drowned. He said his sister also lost six of her children.

    He said: “The border guards were nearby, but they did not help us.” Residents told him later that Bangladeshi border guards prevented them from helping.

    Instead, the Bangladesh border guards detained him and he and the others who were with him were sent back to Myanmar the next evening; they found another boat and returned. According to one credible estimate, there have been more than 5,000 cases of refoulement this year, with a spike following the 5 August attacks.

    “Sending people back to a country where they are at real risk of being killed is not only a violation of international law; it will also force people to take greater risks while making the journey to avoid detection, such as traveling by night or on longer routes,” Callamard said.

    Denied essential support in refugee camps

    The Rohingya who made it to the refugee camps are living off the generosity of relatives there. New arrivals in particular expressed concern that they were unable to register with the UN refugee agency for essential support. As a result, many are going without meals, and are afraid to venture out for fear of deportation, even when in need of medical care.

    Interviewees also mentioned the deteriorating security situation in the camps, due mainly to the presence of two Rohingya armed groups: the Rohingya Solidarity Organisation and the Arakan Rohingya Salvation Army. Myanmar’s shifting conflict dynamics in Rakhine State have meant that some Rohingya militants have aligned with the junta in Myanmar. As a result, Rohingya refugees in Bangladesh fear that they or their family members could be snatched and forcibly taken back and conscripted to fight there.

    A 40-year-old woman said:

    “We are constantly afraid of moving from one place to another because we don’t have any documents. We are newcomers here, and we have also heard about people being abducted.”

    In a meeting with Amnesty, Bangladesh officials rejected the allegations of refoulement but said border guards “intercept” people trying to cross the border. They also stressed that the country cannot accommodate any more Rohingya refugees.

    The vast majority hoped for resettlement in a third country.

    Trapped between the Arakan Army and Myanmar military

    The Myanmar military has persecuted Rohingya for decades and expelled them en masse in 2017. It is now forcing them to join the army as part of a nationwide military service law. The Myanmar military has also reportedly reached an informal “peace” pact with the Rohingya Solidarity Organisation, an older Rohingya armed group that has reemerged as a force in recent months. These complex developments have further inflamed tensions between the Rohingya and the ethnic Rakhine, whom the Arakan Army purports to represent.

    The rise in fighting nationwide has also resulted in mounting allegations of abuses by armed groups fighting against the military. Many Rohingya described the fatal consequences of being trapped between the two sides.

    “Every time there is a conflict, we get killed,” one Rohingya interviewee told Amnesty.

    A 42-year-old shopkeeper said that on 1 August, a munition of unknown origin landed outside his house in Maungdaw, killing his four-year-old son. On 6 August, the Arakan Army – who he identified by their badges – entered his village in Maungdaw and relocated all the Hindu and Buddhist families to another area they said was safe, while the Rohingya families were left in place.

    “They began causing unrest [using it as a base to launch attacks] in the village, which forced us, the Muslim families, to leave on 7 August. We were the only ethnic group left in the village. It seemed like they did this intentionally,” he said.

    When he later took shelter in downtown Maungdaw on 15 August, he said he saw Arakan Army “snipers” shoot two Rohingya civilians. “I witnessed the Arakan Army kill a woman right on the spot with gunfire while she went to a pond to collect water … there was another man who was sitting and smoking in front of his house and he too was shot right in his head and killed.”

    On 13 October, in response to Amnesty’s questions, the Arakan Army said these allegations were unsubstantiated or not credible. It said it issued warnings for civilians to leave Maungdaw ahead of its operations and helped evacuate people, that it instructs its soldiers to distinguish between civilians and combatants, and that in case of breaches, it takes disciplinary action.

    Since late last year, Amnesty has separately documented Myanmar military air strikes that have killed civilians and destroyed civilian infrastructure in Rakhine State. This year, the impact of the Myanmar military conscripting Rohingya has added to the historical, systemic discrimination and apartheid already experienced by Rohingya. 

    “I felt really bad that they were involving us in their fight, even though we had nothing to do with it. It felt like they were laying the foundation to get us killed,” a 63-year-old cattle trader said.

    Families wiped out

    On 5 August, the intensity of bombardments and gunfights between the Myanmar military and Arakan Army forced scores of people from Maungdaw to seek shelter in sturdier homes near the Naf river border with Bangladesh.

    Recalling that day, the Rohingya cattle trader said the Arakan Army was:

    “getting closer to our village, capturing the surrounding villages … they flew drones in the sky, holding them there for about an hour, and could drop bombs from the drones whenever and wherever they wanted with remote control. They killed so many people”.

    That afternoon, many recounted seeing a drone and hearing multiple blasts. The cattle trader said he heard eight to 10 blasts, and that bombs were exploding “before even touching the ground”. He saw a small unmanned aerial device flying near the crowd that looked like a “rounded-shaped drone” with something attached underneath.

    He said his wife, daughter, son-in-law, and two of his grandchildren were killed, while the youngest grandchild, aged one, was seriously injured and later had her lower left leg amputated at the knee in Bangladesh.

    One 18-year-old woman from Maungdaw said she lost both parents and two of her sisters, aged seven and five, during the blast. At the time of the attack, her father was carrying one of her sisters while her mother carried the other. When they reached the Maungdaw shore in the afternoon in search of boats to cross to Bangladesh, an explosion occurred.

    “We quickly hid in the mud, sitting down in the muddy water, and then another bomb exploded, killing my parents, sisters and many others,” she said. “I saw it all with my own eyes – my parents and sisters were killed when the bomb shrapnel hit them.”

    She said she saw about 200 bodies on the shore, a figure cited independently by another interviewee.

    Almost everyone who Amnesty spoke to said they lost at least one relative while trying to flee Myanmar. Medical records shared with Amnesty from the days after the attack show treatment for bomb blast injuries after arriving in Bangladesh. Since August there has been a dramatic increase in treatment of war wounds from those fleeing Myanmar.

    In its response to Amnesty, the Arakan Army said that the Myanmar military or aligned armed groups were likely those most responsible and that eyewitnesses or survivors may be affiliated with militant groups.

    Callamard said:

    “The Arakan Army must allow an independent, impartial and effective investigation into possible violations carried out during their operations. Both the Arakan Army and the Myanmar military must abide by international humanitarian law.

    “We continue to call on the UN Security Council to refer the entire situation in Myanmar to the International Criminal Court.”

    The 2021 military coup in Myanmar has had a catastrophic impact on human rights. Myanmar’s military has killed more than 5,000 civilians and arrested more than 25,000 people. Since the coup, Amnesty has documented indiscriminate air strikes by the Myanmar military, torture and other ill-treatment in prison, collective punishment and arbitrary arrests.

    MIL OSI NGO –

    January 25, 2025
  • MIL-OSI USA: Veteran celebrates birthday and 69 years of SETAF-AF

    Source: United States Army

    U.S. Army Maj. Gen. Andrew C. Gainey, U.S. Army Southern European Task Force, Africa (SETAF-AF) commanding general, cuts the SETAF-AF 69th anniversary cake alongside the youngest soldier, Pfc. Daely Goodwin, and the oldest soldier, Retired U.S. Army Staff Sgt. Ed Furnish. Gainey was joined by Sgt. Maj. Gabriel Liera, far left, and Magda Miselli, the daughter of Phil Maselli, who served at SETAF-AF for 43 years. Miselli presented a journal belonging to her father, documenting the early history of SETAF-AF during the celebration. The event, held at Caserma Del Din in Vicenza, Italy, Oct. 24, 2024, honored Miselli, Furnish, and other guests. (U.S. Army photo by 1st Lt. Katherine Sibilla (Photo Credit: 1st Lt. Katherine Sibilla) VIEW ORIGINAL

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    U.S. Army Southern European Task Force, Africa

    VICENZA, Italy — Every year, retired U.S. Army Staff Sgt. Ed Furnish says he gets to celebrate two birthdays—one in September and one in October. The first is his actual birthday; the second is the anniversary of U.S. Army Southern European Task Force, Africa (SETAF-AF) —an organization that holds a special meaning in his life since he was stationed here in 1959, when he arrived as a 17-year-old from a small farm in Indiana.

    Now 82 years old, Furnish was the oldest attendee at SETAF-AF’s 69th anniversary and had the honor of cutting the birthday cake alongside the youngest Soldier, Pfc. Daely Goodwin, at the celebration. They were joined by U.S. Army Maj. Gen. Andrew C. Gainey, commanding general of SETAF-AF.

    Throughout his military career, Furnish served with SETAF-AF—then called SETAF until 2020—in the logistics division. After retiring from the military, he spent 34 years as a civil servant, living in Vicenza for many of those years working for SETAF-AF and U.S. Army Garrison Italy.

    “SETAF means home,” said Furnish. “I married my wife, an Italian from nearby Castelfranco. All three of my children attended school here, and my youngest daughter was born in the hospital on post.”

    U.S. Army Maj. Gen. Andrew C. Gainey, commanding general of U.S. Army Southern European Task Force, Africa (SETAF-AF), speaks with Retired U.S. Army Staff Sgt. Ed Furnish prior to the commencement of the SETAF-AF 69th anniversary ceremony, held at Caserma Del Din in Vicenza, Italy, Oct. 24, 2024. Furnish had the honor of cutting SETAF-AF’s 69th anniversary cake alongside Gainey, as the oldest attendee at the celebration. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla) VIEW ORIGINAL

    Over the last eight decades, Furnish has witnessed SETAF-AF evolve, adapting to new missions and expanding its reach across continents. Initially, the unit operated as part of NATO’s defense in Southern Europe, with a particular focus on protecting Italy. When Furnish arrived in Vicenza in 1959, SETAF consisted of 6,000 Soldiers and was divided into three major elements: a headquarters command, missile command and a logistical command. The command spanned three installations in Verona, Vicenza and Livorno.

    “I think SETAF started out with a purpose in 1955, and now there’s an even bigger purpose for SETAF-AF. They’re going to keep growing,” Furnish said.

    1 / 2 Show Caption + Hide Caption – U.S. Army Maj. Gen. Andrew C. Gainey, commanding general of U.S. Army Southern European Task Force, Africa (SETAF-AF), pays tribute to Retired U.S. Army Staff Sgt. Ed Furnish, who served with SETAF-AF, and Magda Maselli, the daughter of Phil Maselli, who served at SETAF-AF for 43 years, during the SETAF-AF 69th anniversary ceremony at Caserma Del Din in Vicenza, Italy, Oct. 24, 2024. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla) VIEW ORIGINAL
    2 / 2 Show Caption + Hide Caption – A journal belonging to Phil Maselli, which documented the early history of U.S. Army Southern European Task Force, Africa (SETAF-AF), was presented to U.S. Army Maj. Gen. Andrew C. Gainey, commanding general of SETAF-AF during the 69th anniversary ceremony at Caserma Del Din in Vicenza, Italy, Oct. 24, 2024.(U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla) VIEW ORIGINAL

    He also saw Vicenza evolve from a city recovering from the destruction of World War II to a bustling center of activity. Yet, for Furnish, one thing that has not changed in over 65 years is the core of Italian culture.

    “Italy has always had fantastic food and wine—none of that has changed,” he said. “The Italian way of life hasn’t changed either. Life may be faster-paced now, but their culture remains the same as it was when I arrived in 1959.”

    During the 69th anniversary ceremony, Furnish joined other U.S. and Italian military dignitaries, including Magda Maselli, the daughter of Phil Maselli, who served SETAF-AF for 43 years. A journal belonging to Phil Maselli, which documented the early history of SETAF-AF, was presented to Gainey during the event.

    1 / 2 Show Caption + Hide Caption – U.S. Army Maj. Gen. Andrew C. Gainey, commanding general of U.S. Army Southern European Task Force, Africa (SETAF-AF), pays tribute to Retired U.S. Army Staff Sgt. Ed Furnish, who served with SETAF-AF, and Magda Maselli, the daughter of Phil Maselli, who served SETAF-AF for 43 years, during the SETAF-AF 69th anniversary ceremony at Caserma Del Din in Vicenza, Italy, Oct. 24, 2024.(U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla) VIEW ORIGINAL
    2 / 2 Show Caption + Hide Caption – Magda Maselli, the daughter of Phil Maselli, who served U.S. Army Southern European Task Force, Africa (SETAF-AF), for 43 years, speaks during the SETAF-AF 69th anniversary ceremony at Caserma Del Din in Vicenza, Italy, Oct. 24, 2024. (U.S. Army photo by 1st Lt. Katherine Sibilla) (Photo Credit: 1st Lt. Katherine Sibilla) VIEW ORIGINAL

    “We have worked side-by-side with our Italian hosts to promote peace and security,” said Gainey. “I’m proud to be part of that legacy, and today we have an opportunity to honor two individuals whose contributions shaped our shared history.”

    Before the cake cutting, Gainey recognized both Furnish and Maselli for their contributions and long-standing service to SETAF-AF.

    “I think it’s great that SETAF continues to recognize this every year, showing the younger generation that the tradition is going to carry on,” Furnish concluded.

    About SETAF-AF

    SETAF-AF provides U.S. Africa Command and U.S. Army Europe and Africa a dedicated headquarters to synchronize Army activities in Africa and scalable crisis-response options in Africa and Europe.

    Follow SETAF-AF on: Facebook, Twitter, Instagram, YouTube, LinkedIn & DVIDS

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI: Farmers & Merchants Bancorp, Inc. and F&M Bank Announces Updates to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Kevin Frey Appointed to Board of Directors

    Dr. K. Brad Stamm to Retire from Board of Directors

    ARCHBOLD, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announced updates to its Board of Directors. On October 22, 2024, Kevin Frey was appointed to the Board of Directors of both the Company and the Bank. In addition to this new appointment, F&M announced the retirement of Dr. K. Brad Stamm from the Board of Directors.

    “On behalf of F&M’s Board of Directors, I am thrilled to welcome Kevin to our team. With deep roots in our legacy market and a wealth of experience as Vice President of Frey & Sons, he brings invaluable insights that will strengthen our connection to the communities we serve,” said F&M’s Chairman Andrew Briggs. “We look forward to his contributions as we continue to grow while staying true to the values guiding F&M for generations.”

    Frey is the Vice President of Frey & Sons, Inc., a family-owned real estate brokerage and auction company that was incorporated in 1963 and is headquartered in Archbold, Ohio. Frey is the Principal Broker and lead Auctioneer for Frey & Sons. The company specializes in real estate auctions and sales in Northwest Ohio and heavy equipment auctions across the Midwest. Frey also manages a portfolio of multifamily, commercial, and agricultural properties and is a member of the Board of Directors for Yoder & Frey, Inc., a farm and machinery auction yard. Frey received a Bachelor of Arts in accounting from Goshen College and worked as a Certified Public Accountant from 1996-2003. He is a member of the National Association of Realtors, Ohio Association of Realtors, National Auctions Association, and Ohio Auctioneers Association.

    Dr. Stamm joined the Board in November of 2016 and served with distinction throughout his tenure. He is the President and Educational Consultant of Stamm Management Group. A celebration in honor of Dr. Stamm’s contributions was held on October 22, 2024. His final day as a Board member will be October 25, 2024.

    “Brad has been an instrumental part of our Board for nearly eight years, and his dedication and leadership will be greatly missed,” said President and CEO of F&M, Lars Eller. “We wish him all the best and express our deepest gratitude for his service to F&M.”

    About F&M Bank:
    F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in West Bloomfield, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.

    Safe harbor statement
    Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.

    Company Contact: Investor and Media Contact:
    Lars B. Eller
    President and Chief Executive Officer
    Farmers & Merchants Bancorp, Inc.
    (419) 446-2501
    leller@fm.bank
    Andrew M. Berger
    Managing Director
    SM Berger & Company, Inc.
    (216) 464-6400
    andrew@smberger.com

     

    The MIL Network –

    January 25, 2025
  • MIL-OSI Video: Open Session on Human Rights Abuses and Violations in North Korea

    Source: United States of America – Department of State (video statements)

    As part of the United States-Republic of Korea-Japan Trilateral Meeting on DPRK Human Rights, the Department of State hosted an Open Session with DPRK Human Rights Survivors on October 18 in Washington D.C. The open session featured opening remarks by Deputy Secretary Campbell, ROK Unification Minister Kim, and Japanese Ambassador Yamada. North Korean escapees and expert panelists gave statements on the egregious human rights violations occurring in the DPRK, supporting truth-telling and memorialization efforts, followed by country statements by the United States, the Republic of Korea, Japan, Germany, and Sweden.

    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    Twitter: https://twitter.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/

    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=M1spgnbVKOw

    MIL OSI Video –

    January 25, 2025
  • MIL-OSI Banking: Website investment-pte.com: BaFin warns about Investment PTE LTD and Performance Investment PTE LTD

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about Investment PTE LTD and Performance Investment PTE LTD and the services they are offering. BaFin suspects these operators of the website investment-pte.com of offering consumers financial and investment services without the required authorisation.

    The operators of the website appeal under the name Investment PTE LTD and Performance Investment PTE LTD. They claim to have their registered office in Singapore and to be regulated in St Vincent and the Grenadines. However, there is no supervision of the operator in this country.

    Anyone conducting banking business or providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether particular companies have been authorised by BaFin can be found in BaFin’s database of companies.

    Theinformation provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Global Banks –

    January 25, 2025
  • MIL-OSI: WENDEL: Q3 2024 Trading Update

    Source: GlobeNewswire (MIL-OSI)

    PRESS RELEASE – OCTOBER 24, 2024

    Fully diluted1Net Asset Value of €184.5

    up +13.7 %2year-to-date (+5.3% since June 30)

    With the announced acquisition of Monroe Capital, Wendel dramatically expands its Asset Management platform and rebalances its business model towards more recurring cash flows and growth

    Fully diluted Net Asset Value3as of September 30, 2024: €184.5 per share

    • Fully diluted NAV per share up +16.1%4 since the start of the year when restating for the €4 dividend paid in May 2024 reflecting:
      • Strong increase in Bureau Veritas’ share price (+34% YTD)
      • Slight decrease in value of non-listed assets
      • Positive contribution of Asset Management activities (IK Partners), reflecting the increase in market multiples

    Very active implementation of new strategic directions and active portfolio rotation

    • Principal Investment:
      • €2.3 billion proceeds and value crystallization through the sale of 9% of Bureau Veritas’ share capital and the disposal of Constantia Flexibles
      • €0.7 billion invested including €625 million in Globeducate, closed on October 16
    • Asset Management:
      • €0.4 billion invested for the acquisition of 51% of IK Partners
      • $1.13 billion will be invested in equity to acquire 75% of Monroe Capital, as announced on October 22, 2024 (closing expected in the first half of 2025)

    Wendel Asset Management business is now a significant performance driver

    • Considering the announced acquisition of Monroe Capital, Wendel’s Asset Management platform will represent c.€31bn of AuM in private assets5
    • In 2025, Wendel AM business is expected to generate c.€160m6 of Fee Related Earnings (“FRE”) and c.€185m of total pre-tax profit in 2025
    • IK Partners Fee Paying AuM up +19% over the first 9 months of 2024

    Consolidated 9M 2024 sales of €5,918.1 million, up +14.6% overall and +8.9% organically

    • Very strong organic growth at Bureau Veritas (+10.4% over 9 months)
    • Solid growth at CPI (+7.9%)    
    • ACAMS (+8%) in total over 9 months, due to the earlier timing of a flagship conference than in 2023
    • Encouraging first 9 months for Stahl (+1.6% total growth), with Q3 (-4.7%) impacted by a mixed environment in its industry
    • Scalian: slight decrease of -0.2% over 9 months

    Strong financial structure and committed to remain Investment Grade

    • Debt maturity of 3.9 years with an average cost of 2.4%
    • LTV ratio at -6.8% as of September 30, 2024, and 18.9%7 on a pro forma basis
    • Pro forma total liquidity of €1.48 billion as of September 30, 2024, including €0.5 billion in cash and €875 million in committed credit facility (fully undrawn)
    Laurent Mignon, Wendel Group CEO, commented:

    “The first nine months of 2024 have been generating good value creation for shareholders, with fully diluted Net Asset Value growing by 13.7%, driven notably by Bureau Veritas’ strong stock price and operating performances.

    We continue to enhance our cash flow generation and value creation profile, by executing our strategic plan with determination, rigor and financial discipline, as demonstrated by the Monroe Capital acquisition, announced two days ago, while also focusing on premium assets in our principal investment activities, highlighted by the recent acquisition of Globeducate.

    Our transformation to a dual-strategy model is now well-grounded, with top partners in asset management such as IK Partners in private equity and now Monroe Capital in private credit.

    Following the investment in Globeducate and the announced acquisition of Monroe Capital, the priorities of Wendel’s teams are to create value on existing assets, to successfully build the private asset management platform around IK Partners and Monroe Capital, and to maintain a solid financial structure.”

    Wendel’s net asset value as of September 30, 2024: €184.5 per share on a fully diluted basis

    Wendel’s Net Asset Value (NAV) as of September 30, 2024, was prepared by Wendel to the best of its knowledge and on the basis of market data available at this date and in compliance with its methodology.

    Fully diluted Net Asset Value was €184.5 per share as of September 30, 2024 (see detail in the table below), as compared to €162.3 on December 31, 2023, representing an increase of +13.7% since the start of the year and +16.1% restated for the dividend paid in 2024. Compared to the last 20-day average share price as of September 30, the discount to the September 30, 2024, fully diluted NAV per share was -50.6%.

    Bureau Veritas contributed very positively to the increase in Net Asset Value: on September 30, its 20-day average share price was up strongly (+34.3%) compared to December 31, 2023. Impacts from share price movements from IHS Towers (-30.0%) and Tarkett (-2.8%) were negligible given the weight of Bureau Veritas in the NAV. Total value creation per share of listed assets was therefore +€26.1 over the first nine months of 2024 on a fully diluted basis.

    Unlisted assets’ contribution to the growth of the NAV was slightly negative over the first nine months of the year with a total change per share of -€1.2, reflecting a positive evolution of the market multiples and from bolt-on acquisitions, more than entirely offset by negative FX effect and selective downward revisions of outlooks for the current year (compared to December 31, 2023).

    Asset management activities were consolidated and accounted in the NAV for the first time at the end of June following the acquisition of IK Partners. There is no sponsor money included in the NAV yet, as no capital has been called. IK Partners’ valuation is up by €1.5 per share over the third quarter, driven by positive market multiples evolution.

    Cash operating costs and net financing results impacted NAV by -€1.2 over 9 months, as Wendel benefited from a positive carry. The impact of year-to-date share buybacks on fully diluted NAV per share is +€1.4 per share more as of September 30, 2024, than as of December 31, 2023. Other assets and liabilities impacted NAV by -€0.5.

    Total Net Asset Value increase amounted to €26.2 per share over the first nine months of the year before dividend payment.

    Fully diluted NAV per share of €184.5 as of September 30, 2024

    (in millions of euros)     09/30/2024 12/31/2023
    Listed investments Number of shares Share price (1) 3,800 3,867
    Bureau Veritas 120.3m/160.8m €29.9/€22.2 3,591 3,575
    IHS 63.0m/63.0m $3.1/$4.4 174 251
    Tarkett   €8.9/€9.1 35 40
    Investment in unlisted assets (2) 3,158 4,360
    Asset Management Activities (3) 449 –
    Other assets and liabilities of Wendel and holding companies (4) 95 6
    Net cash position & financial assets (5) 3,027 1,286
    Gross asset value     10,530 9,518
    Wendel bond debt     -2,386 -2,401
    IK Partners transaction deferred payment -131 –
    Net Asset Value     8,012 7,118
    Of which net debt     509 -1,115
    Number of shares     44,430,864 44,430,554
    Net Asset Value per share €180.3 €160.2
    Wendel’s 20 days share price average   €91.1 €79.9
    Premium (discount) on NAV -49.5% -50.1%
    Number of shares – fully diluted 42,469,744 43,302,016
    Fully diluted Net Asset Value, per share €184.5 €162.3
    Premium (discount) on fully diluted NAV -50.6% -50.8%

    (1)   Last 20 trading days average as of September 30, 2024, and December 31, 2023.

    (2)   Investments in unlisted companies (Stahl, Crisis Prevention Institute, ACAMS, Scalian, Wendel Growth as of September 30, 2024, also included Constantia Flexibles as of December 31, 2023). Aggregates retained for the calculation exclude the impact of IFRS16.

    (3)   IK Partners’ activity, no sponsor money has been called at this stage. It is therefore not included in the NAV at this stage.

    (4)   Of which 1,961,120 treasury shares as of September 30, 2024, and 1,128,538 treasury shares as of December 31, 2023.

    (5)   Cash position and financial assets of Wendel and holdings.

    Assets and liabilities denominated in currencies other than the euro have been converted at exchange rates prevailing on the date of the NAV calculation.

    If co-investment and management LTIP conditions are realized, subsequent dilutive effects on Wendel’s economic ownership are accounted for in NAV calculations. See page 246 of the 2023 Universal Registration Document.

    Wendel’s Principal Investments’ portfolio rotation

    Since the beginning of the year, Wendel has realized a total of €2.3 billion in disposals for its own account and has invested €0.7 billion, reflecting the acceleration of the diversification of its investment portfolio, in line with the strategy announced a few months ago:

    • Wendel announced on January 4, 2024, that it had completed the sale of Constantia Flexibles, generating total net proceeds9 for Wendel of €1,121 million for its shares, i.e. a valuation over 10% higher than the latest NAV on record before the announcement of the transaction (as at March 31, 2023).
    • Wendel announced on April 5, 2024, that it had successfully completed the sale of 40.5 million shares in Bureau Veritas, representing c.9% of the Company’s share capital, for total proceeds of approximately €1.1 billion. The transaction was carried out at a price of €27.127, or a discount of 3% from the previous day’s share price.
    • Wendel Growth realized its investment in Preligens, a leader in artificial intelligence (AI) for aerospace and defence, generating net proceeds to Wendel of c.€14.6M, translating into a gross IRR of 28%10. In addition, Wendel Growth announced on June 11, 2024, the acquisition of a minority stake in YesWeHack through an equity investment of €14.5 million.
    • Wendel reinvested €43.7m in Scalian upon the acquisition of MANNARINO Systems & Software on June 21, 2024. This Canadian company is a leading engineering services specialist for advanced technology R&D for the aviation sector, primarily in North America, with recognized expertise in safety-critical embedded software and systems.
    • On October 16, 2024, Wendel completed the acquisition of c.50% of Globeducate, one of the world’s leading international K-12 education groups, from Providence Equity Partners. Wendel invested €625 million of equity, at an Enterprise Value of c.€2 billion11, to join Providence, and both firms will now own c.50% of the group.

    Wendel’s Asset Management platform evolution

    Acquisition of Monroe Capital dramatically expands Wendel’s Asset Management platform and rebalances its business model towards more recurring cash flows and growth

    Wendel announced on October 22 that it had entered into a definitive partnership agreement including the acquisition of 75% of Monroe Capital LLC (“Monroe Capital” or “the Company”), and a sponsoring program of $800 million to accelerate Monroe Capital’s growth, and will invest in GP commitment for up to $200 million.

    For Wendel, the acquisition of a controlling stake in Monroe Capital, a private credit market leader focused on the U.S. lower middle market that has established an outstanding track record, would represent a significant and transformational advancement of the strategy it announced in March 2023 to develop its third-party asset management platform to complement its longstanding Principal Investment business.

    With IK Partners and Monroe Capital, Wendel’s third party asset management platform will reach c.€31 billion in AUM12, c.€ 455 million revenues, c.€160 million pre-tax FRE (c.€101 million in pre-tax FRE (Wendel share) by 2025 and is expected to reach €150 million (Wendel share) in pre-tax FRE by 2027 through double-digit organic growth.

    For more information, see the October 22, 2024, announcement on http://www.wendelgroup.com.

    Third Party Asset Management value creation and performance

    9 months 2024 performance

    Over the first nine months of 2024, IK Partners had particularly strong activity, generating a total of €126.4 million in revenue. Total Assets under Management (€13.3 billion, of which €3.3 billion of Dry Powder13) grew by 20% since the beginning of the year, and FPAuM14 (€9.0 billion) by 19%. Over the period, €1.7 billion of new funds were raised (IK X, PFIII and IK SO) and 7 exits have been announced, for over €1.2 billion.

    Sponsor money invested by Wendel

    Wendel committed €400 million in IK Partners funds, of which €300 million in IK X. These commitments have not yet been called.

    Principal Investment companies’ value creation and performance

    Listed Assets: 36% of Gross Asset Value

    Bureau Veritas – Strong Q3 2024 organic revenue growth; refocused portfolio with ongoing acquisitions acceleration, in line with the LEAP | 28 strategy; 2024 revenue outlook upgraded

    (Full consolidation)

    Revenue in the first nine months of 2024 totaled € 4,569.6 million, a 5.6% increase year-to-date.

    Revenue in the third quarter of 2024 amounted to € 1,547.9 million, an 8.8% increase compared to Q3 2023. Organic growth achieved a strong 13.0%, which led to 10.5% on a 9-month basis. The scope effect was a positive 0.5%, reflecting bolt-on acquisitions (contributing to +1.1%) realized in the past few quarters and partly offset by the impact of small divestments completed over the last twelve months (contributing to -0.6%). Currency fluctuations had a negative impact of 4.7%, due to the strength of the euro against most currencies.

    Three businesses delivered very strong organic growth: Marine & Offshore, up 13.2%, Industry, up 23.8%, and Certification, up 17.7%. Buildings & Infrastructure further recovered, up 9.3% organically in the third quarter (after 4.3% in the first half) while both Consumer Products Services and Agri Food & Commodities grew high-single digits organically, both reflecting improving market trends.

    Based on the 9-month performance, leveraging a healthy and growing sales pipeline and strong underlying market growth, Bureau Veritas now expects to deliver for the full year 2024:

    • 9 to 10% organic revenue growth (from “high single-digit” previously);
    • Improvement in adjusted operating margin at constant exchange rates;
    • Strong cash flow, with a cash conversion above 90%.

    For more information: https://group.bureauveritas.com

    Tarkett – Slight organic decrease year-to-date, with Q3 2024 solid organic sales growth of +2.4%, as Sports division grew at a sustained pace in the most important quarter of the year. Activity remained sluggish in flooring, particularly in EMEA and the CIS countries

    (Equity method)

    Revenue in the first nine months of 2024 amounted to €2,560.7 million, down by -1.2% compared to the same period of 2023, reflecting an organic decline of -0.4%. Sales prices remained stable over the financial year, i.e. -0.3% compared to the first nine months of 2023. In Q3 2024, Group net sales came to €1,002 million, up +1.8% compared to the third quarter of 2023. Organic growth reached +2.4%. Sales prices remained broadly stable over the year, with a slight decline of -0.5% compared to the third quarter of 2023.

    For more information: https://www.tarkett-group.com/en/investors/

    IHS Towers (not consolidated) – IHS Towers will report its Q3 2024 results in the coming weeks

    Unlisted Assets: 30% of Gross Asset Value

      Sales (in millions)
      9 months 2023 9 months 2024
    Stahl €677.3 €687.9
    CPI $103.6 $112.0
    ACAMS $67.9 $76.8
    Scalian €402.2 €401.3

    Stahl – Total sales up 1.6% for the first 9 months of 2024 on the back of Q3 market challenges in the leather market for automotive and luxury goods

    (full consolidation) 

    Stahl, the world leader in specialty coatings for flexible materials, posted total sales of €687.9 million in the first 9 months of 2024, representing a total increase of +1.6% over the period. Organically, sales were slightly down -0.4%, in a context of tougher markets in automotive and luxury goods, while FX contributed -1.3%. The acquisition of ICP Industrial Solutions Group (ISG) in March 2023 contributed positively (+3.3%) to total sales variation.

    Stahl Q3 sales were down -4.7% (-3.1% organically and -1.6% due to FX) linked to the weaker market performance of the automotive and luxury goods sectors, notably in August, which was a particularly quiet month this year as many Italian tanneries were inactive for a four-week period due to reduced activity.

    On September 27, Stahl completed the acquisition of WEILBURGER Coatings, a leading German-based manufacturer of water-based and energy cured coatings for the graphic arts and packaging industry. The transaction significantly strengthens Stahl’s packaging coatings division and supports its strategy to broaden its franchise for specialty coatings for flexible materials. This acquisition strengthens Stahl’s strategic position in Europe, positioning the company as the second-largest packaging coatings player in the region. WEILBURGER Coatings posted sales of €70 million in 2023 and has over 140 employees, primarily based in Germany.

    Stahl also announced it maintained its Platinum EcoVadis rating for the third consecutive year, reaffirming its commitment to sustainability. In August, Stahl was awarded the Living Wage certification strengthening its commitment to fair compensation and employee well-being.

    Crisis Prevention Institute reports +8.2% revenue as compared with 9M 2023

    (full consolidation)

    CPI recorded first nine months 2024 revenues of $112 million, up +8.2% compared to 9M 2023, or +8.1% organically (FX impact was +0.1%), resulting from the addition of new certified instructors across end markets and geographies, and strong consumption of training materials, signifying active training of broader staff throughout the Company’s primary customers in educational, healthcare and human services settings. The company’s year-to-date results include relatively flat year-over-year revenue for the third quarter, however, reflecting what management describes as a temporary, seasonal slowdown in new certified instructors and a difficult year-over-year comparison resulting from an unusually large enterprise program added in the third quarter of 2023.

    2024 continues to be a pivotal year for CPI in growing its impact and reach, including further global expansion with the opening of its first office in the United Arab Emirates, and new program launches, including Reframing Behavior, a new certification program designed to help educators build a more positive, supportive learning environment and prevent disruptive classroom behavior. In addition, regulatory and legislative actions continue to provide support for workplace violence prevention programs and related training, including expanded requirements in New York, Texas and California during 2024.

    ACAMS – ACAMS reports positive total growth amid accelerated transformation

    (full consolidation)

    ACAMS, the global leader in training and certifications for anti-money laundering and financial crime prevention professionals, reported year-to-date bookings of $78 million, roughly flat with reported bookings for the same period in 2023, and revenue of $77 million for the first nine months of 2024, representing 8% year-over-year growth. The results for the first nine months of 2024 reflect continued growth and market expansion in North America and Europe, largely offset by declines with customers in the Asia-Pacific region. As well, the year-to-date results include the impact of ACAMS’ flagship Las Vegas conference that was held in the third quarter of 2024 and fourth quarter of 2023. Excluding the impact of this timing difference would reduce year-over-year bookings and revenue growth for the nine months ending September 30, 2024, to -0.8% and +0.3%, respectively.

    The Company has made considerable progress in its transformation this year. Having largely completed its separation and transition to a stand-alone, independent company in 2023, ACAMS has made many investments instrumental to the Company’s future growth, including organizational changes led by the CEO, Neil Sternthal, who joined ACAMS in early 2024 and subsequently added several executives, including a new Chief Financial Officer and a Chief Revenue Officer, investments in the Company’s technology platform, business analytics and sales organizations, and new product development, most notably with the planned introduction of its Certified Anti-Fraud Specialist (CAFS) certification.

    Scalian – Slight decrease of total sales of -0.2% year-to-date, in a context of overall market slowdown

    (full consolidation since July 2023.)  

    Scalian, a European leader in digital transformation, project management and operational performance consulting, reported total revenues of €401.3 million over the first 9 months in a context of continued industry slowdown, in particular supply chain tensions in the aeronautic sector as well as the turndown of the European automotive sector. Sales are down by -2.5% organically and benefited from a positive scope effect of +2.3%.

    Scalian announced the acquisition of Dulin Technology in January 2024, a Spanish-based consulting firm specializing in cybersecurity for the financial sector, and MANNARINO Systems & Software in June 2024, a Canadian-based company that is a leading engineering services specialist with a unique know-how in advanced technology R&D for the aviation sector.

    Agenda

    Friday, December 6, 2024,

    2024 Investor Day.

    Wednesday, February 26, 2025

    Full-Year 2024 Results – Publication of NAV as of December 31, 2024, and Full-Year consolidated financial statements (post-market release)

    Thursday, April 24, 2025

    Q1 2025 Trading update – Publication of NAV as of March 31, 2025 (post-market release)

    Thursday, May 15, 2025

    Annual General Meeting

    Wednesday, July 30, 2025

    H1 2025 results – Publication of NAV as of June 30, 2025, and condensed Half-Year consolidated financial statements (post-market release)

    Appendix 1: Nine-month 2024 sales of Group companies

    Nine-month 2024 consolidated sales

    (in millions of euros) 9-month 2023 9-month 2024            Δ Organic Δ
    Bureau Veritas 4,328.0 4,569.6 +5.6% +10.4%
    Stahl (1) 677.3 687.9 +1.6% -0.4%
    Scalian (2) n.a. 409.3 n.a. n.a.
    Crisis Prevention Institute 95.6 103.1 +7.9% +8.1%
    ACAMS (3) 62.7 70.6 +12.6% +8.6%
    IK Partners(4) n.a. 77.6 n.a. n.a.
    Consolidated net sales (3)(4) 5,163.5 5,918.1 +14.6% +8.9%

    (1)   Acquisition of ICP Industrial Solutions Group (ISG) since March 2023 (sales’ contribution of €70.8M vs €62.7M as of 9M 2023)
    (2)   Scalian has a different reporting date to Wendel. Consequently, sale’s contribution corresponds to 9 months’ sales between October 1st 2023 and June 30 2024.
    (3)   The sales include a PPA restatement for an impact of -€0.5M (vs -€3.2M as of 9M 2023). Excluding this restatement, the sales amount to €71.3M vs. €66.1M as of 9M 2023. The total growth of +12.6% include a PPA effect of +4.5% and the conference revenue which generated $5,9M while this event occurred in Q4 2023 last year.        
    (4)   Contribution of five months of sales        
                                                                            

    Nine-month 2024 sales of equity accounted companies

    (in millions of euros) 9-month 2023 9-month 2024           Δ Organic Δ
    Tarkett(5) 2,592.6 2,560.7 -1.2% -0.4%

    (5)   Sales price adjustments in CIS countries are historically intended to compensate for currency movements and are therefore excluded from the “organic growth” indicator.

    Q3 2024 sales of Group companies

    Q3 2024 consolidated sales

    (in millions of euros) Q3 2023 Q3 2024             Δ Organic Δ
    Bureau Veritas 1,423.8 1,547.9 +8.8% +13.0%
    Stahl 234.3 223.3 -4.7% -3.1%
    Scalian (1) n.a. 131.1 n.a. n.a.
    Crisis Prevention Institute 42.0 41.2 -1.8% -1.0%
    ACAMS (2) 20.2 26.1 +29.1% +28.6%
    IK Partners n.a. 44.2 n.a. n.a.
    Consolidated net sales 1,720.2 2,013.8 +17.1% +10.6%

    (1)   Scalian has a different reporting date to Wendel. Consequently, sale’s contribution corresponds to 3 months’ sales between April 1st 2024 and June 30 2024.
    (2)   ACAMS Q3 2024 sales includes the conference which generated $5,9M, while this event occurred in Q4 2023 last year.                        

    Q3 2024 sales of equity accounted companies

    (in millions of euros) Q3 2023 Q3 2024           Δ Organic Δ
    Tarkett(3) 984.3 1,002.0 +1.8% +2.4%

    (3)   Sales price adjustments in CIS countries are historically intended to offset exchange rate movements, and are therefore excluded from the “organic growth” indicator.


    1 Fully-diluted NAV per share assumes all treasury shares are cancelled and a complementary liability is booked to account for all LTIP related securities in the money as of the valuation date.
    2 +13.7% compared with fully diluted NAV of €162.3 as of Dec. 31, 2023.
    3 Fully diluted of share buybacks and treasury shares. Without adjusting for dilution, NAV stands at €8,012m and €180.3 per share.
    4 Including the €4.0 per share dividend paid in 2024, and on a non-fully diluted basis NAV is up 15.0%.
    5 As of September 2024.
    6 c.€101m of FRE expected in 2025, Wendel share.

    7 Proforma of Globeducate acquisition (€-625m), sponsor money commitment in IK (€-400m), IK Partners transaction deferred payment (€-131m), Monroe Capital 75% acquisition (including estimated earnout) and GP commitments in Monroe Capital ($-200m for 2025).

    8 Proforma of Globeducate acquisition (€-625m), sponsor money commitment in IK (€-400m), IK Partners transaction deferred payment (€-131m), Monroe Capital 75% acquisition (including estimated earnout) and GP commitments in Monroe Capital ($-200m for 2025).

    9 Net proceeds after ticking fees, financial debt, dilution to the benefit of the Company’s minority investors, transaction costs and other debt-like adjustments.
    10 Gross IRR of 28%. Net IRR of 26%.
    11 EV including IFRS 16 impacts. Excluding IFRS 16, EV stands at c.€1.86 billion.
    12 As of September 2024

    13 Commitments not yet invested

    14 Fee Paying AuM

    Attachment

    • Wendel_9M_2024_EN

    The MIL Network –

    January 25, 2025
  • MIL-OSI Global: ‘Our nuclear childhood’: the sisters who witnessed H-bomb tests over their Pacific island, and are still coming to terms with the fallout

    Source: The Conversation – UK – By Christopher Hill, Associate Professor (Research and Development), Faculty of Business and Creative Industries, University of South Wales

    Nuclear detonations were the backdrop to Teeua and Teraabo’s childhood. By the time the sisters were eight and four, the Pacific island on which they grew up, Kiritimati, had hosted 30 atomic and thermonuclear explosions – six during Operation Grapple, a British series between 1957 and 1958, and 24 during Operation Dominic, led by the US in 1962.

    The UK’s secretary of state for the colonies, Alan Lennox-Boyd, had claimed the Grapple series would put Britain “far ahead of the Americans, and probably the Russians too, in super-bomb development”. Grapple, the country’s largest tri-service operation since D-Day, also involved troops from Fiji and New Zealand. It sought to secure the awesome power of the hydrogen bomb: a thermonuclear device far more destructive than the atomic bomb.

    Britain’s seat at the top table of “super-bomb development” was emphatically announced in April 1958 with Grapple Y: an “H-bomb” 200 times more powerful than the bomb dropped on Hiroshima in 1945. This remains Britain’s largest nuclear detonation – one of more than 100 conducted by the UK, US and Soviet Union in 1958 alone.

    More than six decades later, the health effects on former servicemen based on Kiritimati, as well as at test locations in South and Western Australia, remain unresolved. Greater Manchester’s mayor, Andy Burnham, has called the treatment of UK nuclear test veterans “the longest-standing and, arguably, the worst” of all the British public scandals in recent history.




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    Unlike the Post Office, infected blood and Grenfell Tower inquiries in 2024, there has been no UK inquiry into British nuclear weapon tests in Australia and the Pacific. Yet veterans and their descendants maintain these tests caused hereditary ill-health effects and premature deaths among participants. The British government has been accused of hiding records of these health impacts for decades behind claims of national security.

    Over the past year, the life stories of British nuclear test veterans have been collected by researchers, including myself, for an oral history project in partnership with the British Library. Whether from a vantage point of air, land or sea, the veterans all recall witnessing nuclear explosions with startling clarity, as if the moment was seared on to their memories. According to Doug Herne, a ship’s cook with the Royal Navy:

    When the flash hit you, you could see the X-rays of your hands through your closed eyes. Then the heat hit you, and it was as if someone my size had caught fire and walked through me. To say it was frightening is an understatement. I think it shocked us into silence.

    British servicemen describe their nuclear test experiences. Video: Wester van Gaal/Motherboard.

    But what of the experiences of local people on Kiritimati? I have recently interviewed two sisters who are among the few surviving islanders who witnessed the nuclear tests. This is their story.

    ‘A mushroom cloud igniting the sky’

    At the start of Operation Grapple in May 1957, around 250 islanders lived on Kiritimati – the world’s largest coral reef atoll, slap bang in the centre of the Pacific Ocean, around 1,250 miles (2,000km) due south of Hawaii. The island’s name is derived from the English word “Christmas”, the atoll having been “discovered” by the British explorer James Cook on Christmas Eve 1777.

    In May 2023, I visited Kiritimati for a research project on “British nuclear imperialism”, which investigated how post-war Britain used its dwindling imperial assets and resources as a springboard for nuclear development. I sought to interview islanders who had remained on the atoll since the tests, including Teeua Tekonau, then aged 68. In 2024, I visited her younger sister, Teraabo Pollard, who lives more than 8,000 miles away in the contrasting surroundings of Burnley, north-west England.

    Far from descriptions of fear and terror, both Teeua and Teraabo looked back on the tests with striking enthusiasm. Teraabo recalled witnessing them from the local maneaba (open-air meeting place) or tennis court as a “pleasurable” experience full of “excitement”.

    She described having her ears plugged with cotton wool before being covered with a blanket. As if by magic, the blanket was then lifted to reveal a mushroom cloud igniting the night sky – a sight accompanied by sweetened bread handed out by American soldiers. So vivid was the light that Teraabo, then aged four, described “being excited about it being daytime again”.

    An Operation Grapple thermonuclear test near Kiritimati, 1957-58. Video: Imperial War Museums.

    In view of the violence of the tests, I was struck that Teeua and Teraabo volunteered these positive memories. Their enthusiasm seemed in marked contrast to growing concerns about the radioactive fallout – including those voiced by surviving test veterans and their descendants. As children, the tests seem to have offered the sisters a spectacle of fantasy and escapism – glazed with the saccharine of American treats and Disney films on British evacuation ships.

    Yet they have also lived through the premature deaths of family members and, in Teraabo’s case, a malignant tumour dating from the time of the tests. And there have been similar stories from other families who lived in the shadow of these very risky, loosely controlled experiments. Teraabo told me about a friend who had peeked out from her blanket as a young girl – and who suffered from eye and health problems ever since.

    ‘Only a very slight health hazard’

    Kiritimati forms part of the impossibly large Republic of Kiribati – a nation of 33 islands spread over 3.5 million square kilometres; the only one to have territory in all four hemispheres and, until 1995, on either side of the international date line. Before independence from Britain in 1979, Kiribati belonged to the Gilbert and Ellice Island Colony, which in effect made Kiritimati a “nuclear colony” for the purpose of British and American testing.

    In 1955, Teeua and Teraabo’s parents, Taraem and Tekonau Tetoa, left their home island of Tabiteuea, a small atoll belonging to the Gilbert group of islands in the western Pacific. They boarded a British merchant vessel bound for Christmas Island nearly 2,000 miles away. Setting sail with new-born Teeua in their arms, the family looked forward to a future cutting copra on Kiritimati’s British coconut plantation.

    The scale of this journey, with four young children, was immense. Just how the hundred or so Gilbertese passengers “managed to live [during the voyage] was better not asked”, according to one royal engineer who described a similar voyage a few years later. “There were piles of coconuts everywhere – perhaps they were for both food and drink.”



    The Insights section is committed to high-quality longform journalism. Our editors work with academics from many different backgrounds who are tackling a wide range of societal and scientific challenges.


    Within two years of their arrival, the family faced more upheaval as mother Taraem and her children were packed aboard another ship ahead of the first three sets of British nuclear tests in the Pacific. Known as Grapple 1, 2 and 3, they were to be detonated over Malden Island, an atoll some 240 miles to the south of Kiritimati – but still too close for the comfort of local residents.

    According to Teeua, the evacuation was prompted by disillusioned labourers brought to Kiritimati without their families, who went on strike after learning how much the British troops were being paid. But the islanders’ perspectives do not feature much in the colonial records, which give precedence to British disputes about logistical costs and safety calculations.

    The Grapple task force resolved that the safe limit set by the International Commission on Radiological Protection should be reduced, to limit the cost of evacuations. A meeting in November 1956 noted that “only a very slight health hazard to people would arise from this reduction – and that only to primitive peoples”.

    Shocking as this remark sounds, it is typical of the disregard that nuclear planners appear to have had, both for Indigenous communities and the mostly working-class soldiers. These lives did not seem to matter much in the context of Britain’s quest for nuclear supremacy. William Penney, Britain’s chief nuclear scientist, had bemoaned how critics during tests in Australia were “intent on thwarting the whole future of the British Empire for the sake of a few Aboriginals”.

    Tekonau, Teeua’s father, was one of the 30 or so I-Kiribati people to stay behind on Kiritimati during the Malden tests in May and June 1957. As one of the only labourers to speak English, he had gained the trust of the district commissioner, Percy Roberts, who invited Tekonau to accompany him during inspections of villagers’ houses in Port London, then the island’s only village. On one occasion, Teeua said, the islanders did not recognise her father as he had been given a “flat top” haircut like the Fijian soldiers. “This means he had a nice relationship with the soldiers,” she told me. “Thank God for giving me such a good and clever dad.”

    Since the initial tests did not produce a thermonuclear explosion, the task force embarked on further trials between November 1957 and September 1958, known as Grapple X, Y and Z. In view of expense and time, these were conducted on Kiritimati rather than Malden Island – and this time, the residents were not evacuated to other islands. Rather, families were brought aboard ships in the island’s harbour and shown films below deck.

    After these tests, the islanders returned to find the large X and Y detonations had cracked the walls of their homes and smashed their doors and furniture. One islander found their pet frigate bird, like so many of the wild birds on Kiritimati, had been blinded by the flash of Grapple Y. No compensation was ever paid to the islanders, although the Ministry of Supply did reimburse the colony for deterioration of “plantation assets”, including £4 for every damaged coconut tree (equivalent to £120 today).

    A month before Grapple Y, Teraabo was born. Her earliest and most vivid childhood memories are of the US-led Operation Dominic four years later, by which time evacuation procedures had been abandoned altogether.

    This series of tests was sanctioned by Britain in exchange for a nuclear-powered submarine and access to the Nevada Proving Grounds in the US – regarded as pivotal to the future of British weapons technology ahead of the signing of the Test Ban Treaty in October 1963, which would prohibit atmospheric testing.

    Dominic’s 24 detonations on Kiritimati – which usually took place after sunset around 6pm, between April and November 1962 – were “awesome”, according to Teraabo. Recalling the suspense as the “tannoy announced the countdown”, she described “coming out of cover [and] witnessing the bomb [as] an amazing experience … When the bomb set off, the brilliance of the light was tremendous.”

    Each explosion’s slow expiration would re-illuminate the Pacific sky. One, Starfish Prime, became known as a “rainbow bomb” because of the multi-coloured aurora it produced over the Pacific, having been launched into space where it exploded.

    So spectacular were these descriptions that I almost felt I had to suspend disbelief as I listened. At one point in my interview with Teraabo, she leaned in to reassure me that she had no interest in exaggerating these events: “I’m a very proud person,” she whispered, “I would never lie.”

    ‘In our blood’

    More than six decades on from the Grapple tests, I was sitting in Teeua’s kitchen in the village of Tabwakea (meaning “turtle”), near the northern tip of Kiritimati. I had driven here in a Subaru Forester, clapped-out from the many potholes on the island’s main road, itself built by royal engineers over 60 years ago.

    Teeua Tekonau in her kitchen during the author’s visit to Kiritimati in 2023.
    Christopher R. Hill., CC BY

    Teeua’s home, nestled down a sand track, had a wooden veranda at the front where she would teach children to read and write under shelter from the hot equatorial sun. Handcrafted mats lined the sand and coral floor, fanning out from the veranda to the kitchen at the back.

    The house felt full of the sounds of the local community, from the chatter of neighbours to the laughter of children outdoors. No one could feel lonely here, despite the vastness of the ocean that surrounds Kiritimati.

    As Teeua cooked rice and prepared coffee, we discussed the main reason for my visit: to understand the impacts of the nuclear tests on the islanders, their descendents, and the sensitive ecosystem in which they live. Teeua is chair of Kiritimati’s Association of Atomic Cancer Patients, and one of only three survivors of the tests still living on Kiritimati. She pulled up a seat and looked at me:

    Many, many died of cancer … And many women had babies that died within three months … I remember the coconut trees … when you drank [from the coconuts], you [were] poisoned.

    Both Teeua’s parents and four of her eight siblings had died of cancer or unexplained conditions, she said. Her younger brother, Takieta, died of leukaemia at the age of two in November 1963 – less than a year after Operation Dominic ended. Her sister Teraabo, who discovered a tumour in her stomach shortly after the trials, was only able to have her stomach treated once she moved to the UK in 1981, by which time the tumour had turned malignant.

    Teeua’s testimony pointed to the gendered impacts of the nuclear tests. She referred to the prevalence of menstrual problems and stillbirths, evidence of which can be inferred from the testimony of another nuclear survivor, Sui Kiritome, a fellow I-Kiribati who had arrived on Kiritimati in 1957 with her teacher husband. Sui has described how their second child, Rakieti, had “blood coming out of all the cavities of her body” at birth.

    A rare military hospital record from 1958 – stored in the UK’s National Archives at Kew in London – also refers to the treatment of a civilian woman for ante-partum haemorrhage and stillbirth, though it is unclear whether this was a local woman or one of the soldier’s wives on the passenger ship HMT Dunera, which visited briefly to “boost morale” after Grapple X.

    Members of the Kiritimati Association of Atomic Cancer Patients.
    Courtesy: Teeua Taukaro., CC BY-ND

    Having re-established the Association of Atomic Cancer Patients in 2009, Teeua has continued much of the work that Ken McGinley, first chair of the British Nuclear Tests Veterans Association, did after its establishment in 1983. She has documented the names of all I-Kiribati people present during the tests, along with their spouses, children and other relatives. And she has listed the cancers and illnesses from which they have suffered.

    In the absence of medical records at the island hospital, these handwritten notes are the closest thing on the atoll to epidemiological data about the tests. But according to Teeua, concerns about the health effects of the tests date back much longer, to 1965 when a labourer named Bwebwe spoke out about poisonous clouds. “Everyone thought he was crazy,” Teeua recalled.

    But Bwebwe’s speculations were lent credibility by Sui Kiritome’s testimony, and by the facial scars she bore that were visible for all to see. In an interview with her daughter, Sui explained how she was only 24 when she started to lose her hair, and “burns developed on my face, scalp and parts of my shoulder”.

    In a similar manner to claims made by British nuclear test veterans, Sui attributed her health problems to being rained on during Grapple Y – which may have been detonated closer to the atoll’s surface than the task force was prepared to admit.

    When I asked Teeua why her campaigning association was only reformed in 2009, she explained it had been prompted by a visit from British nuclear test veterans who “told us that everyone [involved in the tests] has cancer – blood cancer”. They had been told this in the past but, she said, “we did not believe it. But after years … after our children [also] died of cancer, then we remembered what they told us.”

    After some visiting researchers explained to Teeua and the community that the effects of the tests were “not good”, she concluded that “our kids died of cancer because of the tests … That’s why we start to combine together … the nuclear survivors, to talk about what they did to our kids”.

    I found Teeua’s testimony deeply troubling: not only because of the suffering she and other families have been through, but in the way that veterans had returned to Kiritimati as civilians, raising concerns among locals that may have lain dormant or been forgotten. The suggestion that radiation was “in her blood” must have been deeply disturbing for Teeua and her community.

    But I reminded myself that the veterans who came looking for answers in 2009 were also victims. They made the long journey seeking clues about their health problems, or a silver bullet to prove their government’s deception over the nuclear fallout.

    As young men, they were unwittingly burdened with a lifetime of uncertainty – compounded by endless legal disputes with the Ministry of Defence or inconclusive health studies that jarred with their personal medical histories. And, like the islanders, some of these servicemen died young after experiencing agonising illnesses.

    The scramble for the Pacific

    My research on British nuclear imperialism also sheds light on how imperial and settler colonial perceptions of “nature” shaped how these nuclear tests were planned and operationalised.

    British sites were selected on the basis of in-depth environmental research. When searching the site for Britain’s first atomic bomb (the Montebello Islands off the west coast of Australia), surveyors discovered 20 new species of insect, six new plants, and a species of legless lizard.

    Monitoring of radioactive fallout from nuclear tests fed into the rise of ecosystem ecologies as an academic discipline. In the words of one environmental specialist on the US tests, it seemed that “destruction was the enabling condition for understanding life as interconnected”.

    Since H-bombs would exceed the explosive yield deemed acceptable by Australia, Winston Churchill’s government in the mid-1950s had been forced to look for a new test site beyond Western and South Australia. British planners drew on a wealth of imperial knowledge and networks – but their proposal to use the Kermadec Islands, an archipelago 600 miles north-east of Auckland, was rejected by New Zealand on environmental grounds.

    So, when Teeua and her family landed on Kiritimati in 1955, their journey was part of “the scramble for the Pacific”: a race between Britain and the US to lay claim to the sovereignty of Pacific atolls in light of their strategic significance for air and naval power.

    The British government archives include some notable environmental “what ifs?” Had the US refused the UK’s selection of Kiritimati because of its own sovereignty claim, then it would have been probable, as Lennox-Boyd, Britain’s colonial secretary, admitted, that “the Antarctic region south of Australia might have to be used” for its rapidly expanding nuclear programme.

    Instead, this extraordinary period in global history recently took me to a Victorian mansion in the Lancashire town of Burnley, where I interviewed Teeua’s younger sister, Teraabo, about her memories of the Kiritimati tests.

    ‘No longer angry’

    Teraabo’s home felt like the antithesis of Teeua’s island abode 8,300 miles away: ordered instead of haphazard, private instead of communal, spacious instead of crowded. And our interview had a more detached, philosophical tone.

    Teraabo Pollard with her father’s nuclear test veteran medal.
    Christopher R. Hill., CC BY-ND

    Like her sister, Teraabo has worked to raise awareness about the legacy of the nuclear tests, including with the Christmas Island Appeal, an offshoot of the British Nuclear Test Veterans Association that sought to publicise the extent of the waste left on Kiritimati from the nuclear test period.

    The appeal succeeded in persuading Tony Blair’s UK government to tackle the remaining waste in Kiritimati – most of which was non-radiological, according to a 1998 environmental assessment. The island was “cleaned up” and remediated between 2004 and 2008, at a cost of around £5 million to the Ministry of Defence. Much of the waste was flown or shipped back to the UK, where 388 tonnes of low-grade radioactive material were deposited in a former salt mine at Port Clarence, near Middlesbrough.

    Yet Teraabo’s views have evolved. She told me she is “no longer angry” about the tests, a stark contrast to her position 20 years ago, when she told British journalist Alan Rimmer how islanders had “led a simple life with disease virtually unknown. But after the tests, everything changed. I now realise the whole island was poisoned.”

    Whereas the Teraabo of 2003 blamed “the British government for all this misery”, she has since become more reflective. In the context of the cold war and the nuclear arms race, she even told me she could understand the British rationale for selecting Kiritimati as a test site. This seemed a remarkable statement from a survivor who had lost so much.

    Over the course of the interview, it became clear Teraabo had grown tired of being angry – and that she had felt “trapped” by the tragic figure she was meant to represent in the campaigns of veterans and disarmers. Each time Teraabo rehearsed the doom-laden script of radiation exposure, she admitted she was also suppressing the joy of her childhood memories.

    A turning point for Teraabo seems to have come in 2007, when she last visited Kiritimati and met her sister Teeua. By this time, the atoll’s population was 4,000 – quite a leap from the 300 residents she grew up with. “It is no longer the island I remember,” she said.

    The Kiritimati of Teraabo’s memory was neat and well-structured. The one she described encountering in 2007 was chaotic and unkempt. She had come to the realisation that the Kiritimati she had been campaigning for – the pristine, untouched atoll of her parents – had long since moved on, so she should move on with it. The sorrow caused by the test operations would not define her.

    Radioactive colonialism

    Not long after I left Kiritimati in June 2023, the global nuclear disarmament organisation Ican began researching the atoll ahead of a major global summit to discuss the UN Treaty on the Prohibition of Nuclear Weapons. Descendants of Kiritimati’s nuclear test survivors were asked a series of questions, with those who provided the “right” answers being selected for a sponsored trip to UN headquarters in New York.

    The chosen representatives included Teeua’s daughter, Taraem. I wondered if the survivors of Kiritimati are doomed to forever rehearse the stories of their nuclear past – a burden that Teeua and Teraabo have had to carry ever since they stood in awe of atomic and thermonuclear detonations more than 60 years ago.

    They have had to deal with “radioactive colonialism” all their adult lives – the outside world demanding to see the imprint of radioactivity on their health and memories. But the sisters’ fondness for British order, despite all they have been through, prevails.

    Their positive memories of Britain may in part reflect the elevated role of their father, Tekonau Tetoa – a posthumous recipient of the test veteran medal – within the British colonial system. During my visit, I happened upon an old photo of Tekonau, looking immaculate as he hangs off the side of a plantation truck in a crisp white shirt. Knowing Teeua did not possess a photo of her parents, I took a scan and raced to her house down the road.

    “Do you recognise this man?” I asked, holding up my phone.

    She flickered with recognition. “Is that my father?”

    I nodded, and she shed a tear of joy.

    Tekonau Tetoa, father of Teeua and Teraabo, hangs off the door of a coconut plantation truck in Kiritimati.
    Courtesy: John Bryden., CC BY-ND

    Memories of Teeua and Teraabo’s father are preserved in the island landscape of their youth: pristine, regimented by the ostensible tidiness of colonial and military order.

    But such order masked contamination: an unknown quantity that would only become evident years later in ill-health and environmental damage. It was not only the nuclear tests: from 1957 to 1964, the atoll was sprayed four times a week with DDT, a carcinogenic insecticide, as part of attempts to reduce insect-borne disease. In the words of one of the pilots: “I had many a wave from the rather fat Gilbo ladies sitting on their loos as I passed overhead, and gave them some spray for good measure!” British tidiness concealed a special brand of poison.

    Today, the prospect of a meaningful response from the UK to the concerns raised by the islanders and servicemen alike seems slim. In October 2023, the UK and France followed North Korea and Russia in vetoing a Kiribati and Kazakhstan-proposed UN resolution on victim assistance and environmental remediation for people and places harmed by nuclear weapons use and testing.

    Over in Kiritimati, meanwhile, Teeua still tends to a small plot where Prince Philip planted a commemorative tree in April 1959, shortly after the British-led nuclear tests had ended. It is rumoured he did not drink from the atoll’s water while he was there.



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    • A Peruvian farmer is trying to hold energy giant RWE responsible for climate change – the inside story of his groundbreaking court case

    • ‘We miners die a lot.’ Appalling conditions and poverty wages: the lives of cobalt miners in the DRC

    To hear about new Insights articles, join the hundreds of thousands of people who value The Conversation’s evidence-based news. Subscribe to our newsletter.

    Christopher Hill receives funding from the Office for Veterans’ Affairs, UK Cabinet Office. The research for this article was also supported by funding from the Arts and Humanities Research Council (AHRC), UKRI. The author wishes to thank the following for their support with this article: Fiona Bowler, Ian Brailsford, Joshua Bushen, John Bryden, Jon Hogg, Brian Jones, Rens van Munster, Wesley Perriman, Maere Tekanene, Michael Walsh, Rotee Walsh and Derek Woolf. Sincere thanks to Teeua Tekonau and Teraabo Pollard for sharing their family stories.

    – ref. ‘Our nuclear childhood’: the sisters who witnessed H-bomb tests over their Pacific island, and are still coming to terms with the fallout – https://theconversation.com/our-nuclear-childhood-the-sisters-who-witnessed-h-bomb-tests-over-their-pacific-island-and-are-still-coming-to-terms-with-the-fallout-239780

    MIL OSI – Global Reports –

    January 25, 2025
  • MIL-OSI: SBM Offshore divests minority interest in FPSO Sepetiba

    Source: GlobeNewswire (MIL-OSI)

    October 24, 2024

    SBM Offshore announces it has completed the divestment of a 13.5% ownership interest in the special purpose companies related to the lease and operation of the FPSO Sepetiba to China Merchants Financial Leasing (Hong Kong) Holding Co., Limited (CMFL). This follows the announcement on February 10, 2022, of an agreement whereby CMFL would acquire its ownership interest after the FPSO Sepetiba had commenced operations. SBM Offshore is operator of the FPSO and will remain the majority shareholder with 51% ownership interest.

    FPSO Sepetiba is installed at the Mero unitized field located in the Santos Basin, approximately 180 kilometers offshore Rio de Janeiro in Brazil. The Mero unitized field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo S.A. (PPSA) (3.5%), representing the government in the non-contracted area.

    Corporate Profile

    SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading technology provider, we put our marine expertise at the service of a responsible energy transition by reducing emissions from fossil fuel production, while developing cleaner solutions for alternative energy sources.

    More than 7,400 SBMers worldwide are committed to sharing their experience to deliver safe, sustainable and affordable energy from the oceans for generations to come.

    For further information, please visit our website at www.sbmoffshore.com.

    Financial Calendar   Date Year
    Third Quarter 2024 Trading Update   November 14 2024
    Full Year 2024 Earnings   February 20 2025
    Annual General Meeting   April 9 2025
    First Quarter 2025 Trading Update   May 15 2025
    Half Year 2025 Earnings   August 7 2025

    For further information, please contact:

    Investor Relations

    Wouter Holties
    Corporate Finance & Investor Relations Manager

    Media Relations

    Evelyn Tachau Brown
    Group Communications & Change Director

    Market Abuse Regulation

    This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Disclaimer

    Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impact, Risk and Opportunity Management’ section of the 2023 Annual Report.

    Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

    This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website https://www.sbmoffshore.com/investors/financial-disclosures.

    Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

    “SBM Offshore®“, the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.

    Attachment

    • SBM Offshore divests minority interest in FPSO Sepetiba

    The MIL Network –

    January 25, 2025
  • MIL-OSI United Kingdom: The full and safe participation of women is crucial to successful peacebuilding efforts: UK statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments

    Statement by Lord Richard Hermer, Attorney General for England and Wales and Advocate General for Northern Ireland, at the UN Security Council meeting on women building peace in a changing environment.

    Location:
    United Nations, New York
    Delivered on:
    24 October 2024 (Transcript of the speech, exactly as it was delivered)

    On UN day, I want to start by recalling that last month my Prime Minister gave a clear recommitment to the United Nations, to the rule of law, and to the need to work together for peace, progress and equality. 

    And empowering women and girls is a vital part of this. Addressing structural gender inequality is a vital part of this, tackling misogyny is a vital part of this, and ending impunity for conflict related sexual violence is a vital part of this.

    We are approaching the 25-year anniversary of the Women, Peace and Security agenda and I’m proud of the role the UK has played.

    There is much to celebrate. Yet the overall implementation is lagging. Not one of the peace agreements reached in 2023 included a women’s representative or women’s representative group as signatory. The proportion of women killed in conflict has doubled compared to 2022.

    Building on her excellency Thomas-Greenfield’s essential three I’s. May I propose three areas for our collective action?

    First, conflict prevention.

    Conflict is at a post-WWII high. Women and children are disproportionately impacted. And we need to reinvigorate conflict prevention efforts, taking a gender-responsive approach.

    Through our ‘Resourcing Change’ project, the UK is supporting women’s participation in formal and informal mechanisms for the prevention and resolution of conflict, including in Nigeria and in South Sudan. 

    Second, we must stand together to prevent conflict-related sexual violence and end impunity.

    The UK remains committed to the Preventing Sexual Violence in Conflict Initiative and our work with the International Alliance to build a stronger international response. PSVI programmes have contributed to vital legislative changes around the world.

    We have sanctioned perpetrators for CRSV crimes in seven countries. And I call upon all states to redouble efforts to seek justice and accountability and support the survivors.

    Third, I call upon member states to support women’s right’s organisations as the driving force behind the WPS agenda.

    I am proud of the UK’s £33 million partnership with the Equality Fund who have supported over 1000 women’s right’s organisations, including in conflict settings, since 2019.

    In Sudan, the UK has supported the establishment of the anti-war, pro-democracy coalition, working with 200 women. 

    In Myanmar, the UK is contributing over $1.3 million over three years in long-term support to grassroots women and LGBTQ+ led organisations to build capacity and support inclusive and strategic cooperation amongst local-level women leaders and community representatives.  

    Women’s full, equal, meaningful and safe participation is crucial to achieving lasting peace, and we condemn the shocking levels of reprisals against women peacebuilders.

    But we must also recognise this, that the long-term solution to gender based violence in conflicts requires all societies to address its root causes. It requires addressing gender inequality systemically, not just in criminal courts or in peace negotiations halls, but in how girls and boys, men and women relate to each other in classrooms, in playgrounds, workplaces, public life and online.

    The link between gender inequality and gender-based violence in conflict must be systematically addressed.

    So as we approach the 25th anniversary, we must celebrate women’s rights organisations and peacebuilders who have championed this agenda. We welcome the Secretary General’s Common Pledge to prioritise women’s participation in peace processes to address this gap.

    But we must go further and faster to build a more inclusive, sustainable, and peaceful future for all.

    Updates to this page

    Published 24 October 2024

    MIL OSI United Kingdom –

    January 25, 2025
  • MIL-OSI Asia-Pac: Buildings Department follows up on incident of broken glass cladding at external wall of Citywalk

    Source: Hong Kong Government special administrative region

         Upon notification by the Police at about 7.30pm last night (October 24) regarding the incident of broken glass cladding at the external wall of Citywalk, Tsuen Wan, staff of the Buildings Department (BD) was immediately deployed to carry out site inspection and found that a piece of glass cladding of about 3m by 2m at the external wall of the fifth floor of the building facing Wo Tik Street was broken. No obvious danger to the overall building structure was noted.

         As instructed by the staff of the BD, the property management company (PMC) of the building has arranged a contractor to remove the remaining loosen pieces of glass last night and would arrange inspection to the other glass cladding and carry out necessary repair as soon as possible to ensure public safety. The BD will issue an investigation order to require the owner to appoint an authorised person to conduct investigation and submit an investigation report together with a remedial proposal. The BD would maintain contact with the PMC to monitor the progress of the investigation and repair works.

         The affected pavement is temporarily fenced off. The BD will continue to follow up the matter to ensure public safety.

         The BD has specific requirements on the quality and construction of glass cladding. For example, the testing of materials and procedures before installation should comply with the relevant statutory requirements.  

         The BD emphasised that it is the responsibility of owners to ensure the safety of their buildings. Timely repair and maintenance of private buildings is the basic responsibility of owners. They may also be liable to criminal prosecution and civil proceedings if the building dilapidation causes damage to property or injury to persons.

    MIL OSI Asia Pacific News –

    January 25, 2025
  • MIL-OSI USA: BNN Bloomberg: US Steel CEO Pressed by Two Senators to Defend Nippon Steel Deal Payout

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    October 03, 2024

    Two prominent Democratic senators are criticizing United States Steel Corp. Chief Executive Officer David Burritt over his potential $72 million “golden parachute” if the sale to a Japanese company goes through – while President Joe Biden’s decision on the takeover hangs in the air.

    Senator Elizabeth Warren of Massachusetts and Senator Sherrod Brown of Ohio, whose race for reelection is one of the closest in the chamber this year, wrote to Burritt Wednesday regarding financial incentives offered to him and other US Steel executives if Nippon Steel Corp. acquires the company in a $14.1 billion deal.

    The executives would be eligible for the incentives if they’re terminated following a takeover, according to a March filing with the US Securities and Exchange Commission.

    …

    Read the full story here.

    By:  Josh Wingrove
    Source: BNN Bloomberg



    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI United Nations: Deputy Secretary-General’s remarks to the Security Council – on Women, Peace and Security [as delivered]

    Source: United Nations secretary general

    Madam President, Excellencies,

    First, let me begin by wishing everyone a happy UN Day.

    Every year, in this Chamber, the global community reaffirms its commitment to ensuring women’s full, equal, and meaningful participation in conflict prevention, resolution, and recovery, and to upholding their rights during times of war.

    Yet, progress remains dishearteningly slow. 
     
    Peace and security decision-making is overwhelmingly dominated by men.

    And ending impunity for atrocities against women and girls is still but a distant goal.

    And the past year has been especially difficult.

    In Gaza, tens of thousands of Palestinian women and girls have been killed and injured amidst continued war and a terrible humanitarian crisis.

    Meanwhile, the plight of Israeli women still held hostage demands urgent action to ensure their safety and immediate release.

    In Lebanon, an escalation of destruction and displacement threatens women and girls’ safety and livelihood.  

    In Sudan, women are enduring extreme suffering, facing not only the loss of loved ones but also the dire lack of access to essential services and medical care.

    I reiterate the Secretary-General’s calls:

    Civilians must be protected, civilian infrastructure must not be targeted, and international law must be upheld.

    The United Nations remains steadfast.

    We will not look away or lose hope.

    The women, peace and security agenda will always guide our work and show a path forward. 

    Despite attacks on our offices, and the detention and killings of our staff in unprecedented numbers, allow me to honor the work of my colleagues and share examples of what they do.

    In peacekeeping missions, the women, peace and security agenda is a key political and strategic imperative.

    Our teams work tirelessly to help protect and assist women – from relocating human rights defenders to aiding women after their release from abduction by armed groups, from ensuring women’s representation in local dialogues to helping bring justice to women in places where sexual violence has long been met with impunity.

    In the Democratic Republic of Congo, for example, 57 percent of cases supported by the mission’s Prosecution Support Cells in 2023 involved conflict-related sexual violence, contributing to the conviction of dozens of members of armed groups and state security forces.

    In Abyei, earlier this year, one-third of participants in a post-migration conference were women – this was a first.

    In the Central African Republic, the mission is helping mobilize women for local elections that have not been held in 38 years.

    Deploying more diverse teams to peacekeeping operations has helped us deliver better on our mandates.

    The representation of women in most categories of uniformed personnel has doubled in the last five years, and initiatives have been put in place to foster gender-responsive work environments for all peacekeepers.

    Yet, much more remains to be done to improve the gender balance of our deployments and reap the benefits of inclusion and diversity.

    Success in peacekeeping hinges on the political support from Member States, especially those with the great honor of sitting in this Chamber to protect international peace and security.

    I commend the efforts of the United Arab Emirates to empower Women in Peace and Security. This initiative has provided training and capacity building opportunities for over 600 women from the Middle East, Africa and Asia in military and peacekeeping. The UN is a proud partner in these efforts that advance the Women, Peace and Security Agenda.

    Throughout the world, the UN reaches millions of displaced women and girls and survivors of violence with food, medical support, legal aid, shelter, access to safe spaces, psychosocial support, education, and jobs and livelihood opportunities.

    Yesterday, survivors of conflict-related sexual violence from many war-torn corners of the globe gathered for a Survivor’s Hearing to mark the 15th anniversary of resolution 1888.

    Effective protection from sexual violence is fundamental to women’s effective participation in peacebuilding, conflict recovery, and sustainable development that leaves no one behind. 

    None of this would happen without women’s organizations in the frontlines of crises, and we are trying to find ways of channeling more resources to them.

    The Women’s Peace and Humanitarian Fund has supported over 1,300 local women’s civil society organizations since 2016, nearly half of them accessing UN funds for the first time, and 582 women human rights defenders and their families.

    Last year, the Secretary-General invited all partners to contribute to the goal of raising 300 million dollars for women’s organizations in conflict-affected countries.

    We still have a long way to go to get there.

    40 percent of all funding of the 25-million-dollar GBV-focused grant by the Central Emergency Response Fund to UN Women and UNFPA was sub-granted to local women’s organizations and delivered remarkable results, a powerful demonstration that localization is both feasible and effective.

    The Peacebuilding Fund has now exceeded its internal target allocation of 30 percent to gender equality for seven years in a row.

    We know that the inclusion of women and gender-related provisions in peace processes not only advances gender equality, but also results in more durable peace agreements. From Guatemala to Northern Ireland, from Colombia to Liberia, research has shown how women in formal processes worked with diverse women’s groups to not only reach an agreement but also to strengthen the substance of peace agreements and opportunities for implementation.

    Yet, women remain starkly under-represented from peace negotiations and conflict resolution efforts – including in some of the most intractable conflicts over the last year.

    Historical data underscores this challenge: between 1992 and 2019, women constituted only 13 per cent of negotiators and six per cent of mediators in major peace processes.

    More recent data from UN Women for 2023 shows that women on average made up less than ten per cent of peace negotiators and 13.5 per cent of mediators.

    The processes in Libya and Yemen, where conflict parties have not included women, highlight a continued resistance to progress.

    In Afghanistan, the regression of women’s rights highlights the severe impact of excluding women from governance – and society altogether.

    It is imperative that we reinforce our resolve to support women in Afghanistan and elsewhere, advocating for their rights, agency and inclusion at every opportunity.

    Collective action and solidarity are crucial.

    In today’s broader global mediation landscape, the United Nations is not always present.

    In fact, a diverse set of regional, state and other mediation actors initiates and leads mediation processes.

    Many contexts feature joint or overlapping peace initiatives.

    This means that no single mediator can affect global and meaningful change on women’s participation.

    It is why, today, on behalf of the Secretary-General, I am pleased to launch the “Common Pledge on Women’s Participation in Peace Processes”, an initiative that brings together a broad array of mediation actors. 

    By endorsing this Common Pledge, Member States, regional organizations and other mediation actors commit to join the United Nations in taking concrete steps on women’s participation in all peace processes they are involved in.   

    These commitments include: 

    Appointing women as lead mediators and ensuring women are an integral part of mediation teams;

    Ensuring mediators advocate with conflict parties for concrete targets and measures that promote women’s direct and meaningful participation in peace processes, including as members of their delegations;

    Consulting with a broad range of women leaders and women-led civil society organizations in all stages of peace processes; and

    Embedding gender expertise in their mediation teams to foster gender-responsive peace processes and agreements.

    This Pledge targets mediating entities and is intended as an operational initiative, and not another general statement of principle. 

    It focuses on measures and decisions that are under the control of mediators and their organizations.

    The Secretary-General invites Member States, regional organizations and other actors who are actively engaged in mediation to join this initiative and report on their progress at next year’s 25th Anniversary Security Council Open Debate on women, peace and security.

    Madam President,

    We have no illusions about the challenges posed by today’s geopolitical landscape and the complexity of achieving diplomatic outcomes.

     As long as gendered power inequalities, patriarchal social structures, systematic biases, violence and discrimination continues to hold back half our societies, peace will remain elusive.

    Yet, our collective experience has shown that progress is possible.

    Together, we can have an impact that is greater than the sum of our individual efforts.

    By leveraging our respective political capital and roles, let us dismantle the patriarchal power structures and advance gender equality, ensuring women’s full, equal and meaningful participation in political and public life.

    Thank you.
     

    MIL OSI United Nations News –

    January 25, 2025
  • MIL-OSI Economics: WTO hosts event on role of youth in promoting “Trade for Peace” in fragile states

    Source: WTO

    Headline: WTO hosts event on role of youth in promoting “Trade for Peace” in fragile states

    In his opening remarks, Deputy Director-General Xiangchen Zhang said: “The youth are not just the leaders of tomorrow; they are the change-makers of today.” He stressed the importance of including young voices in decision-making, noting that the WTO’s Trade for Peace (T4P) Programme’s Future Leaders Initiative aims to empower youth as active agents of stability and prosperity.
    An “Intergenerational Perspectives on Trade and Peace” panel brought together Ambassador Alan Wolff, Distinguished Visiting Fellow at the Peterson Institute for International Economics, Ms. Afomia Andualem, CEO and Co-Founder of Agelgil Eco- Packaging in Ethiopia, Mr. Eric Andrew, a WTO Young Trade Leader and Founder of AgrofixiNG in Nigeria, and Ms. Maria Guterres, Vice-Coordinator of the Timorese Youth Initiative for Development.
    The panelists explored the historical connection between trade and peace, with each speaker sharing their perspectives on how youth can contribute to fostering peace through trade.
    The event saw the launch of videos showcasing findings from students of the University of St. Gallen University in Switzerland and from experts in the area of trade and peace. These videos stemmed from a project with the University of St. Gallen undertaken from September to December 2023 aimed at delving into the intersection of trade and peace.
    The videos sparked lively breakout discussions, where participants explored practical steps to enhance youth involvement in the link between trade and peace. The discussions also encompassed the research findings of students taking part in the autumn 2023 TradeLab International Economic Law Clinic at the Geneva Graduate Institute, who explored the interlinkages between trade and peace agreements and negotiations.
    The event culminated in a collective call to action, delivered by Kérshia Cavele, Project Coordinator of the Trade for Peace Programme, urging policymakers to support youth-driven initiatives and create pathways for sustainable peace through trade. She noted that the event underscored the growing recognition of youth as essential players in addressing the challenges facing fragile and conflict affected states. By fostering academic insights with real-world experiences, the “Trade for Peace: Future Leaders Initiative” continues to pave the way for innovative solutions that leverage the multilateral trading system as a tool for peacebuilding.
    The youth event was organized during the 2024 Geneva Peace Week, which brings together organizations in Geneva and their international partners to share knowledge and best practice. At the Opening Ceremony, Ms. Milzat Salime of the WTO’s Trade for Peace team emphasized the vital role of youth in peacebuilding. WTO Deputy Director General Xiangchen Zhang participated in a high-level panel titled Peace, Trade, Development and Innovations: Insights from International Leaders and Ms Maika Oshikawa, Director of the WTO’s Accessions Division, delivered opening remarks in the session titled Trade and SME-led Growth in Fragile and Conflict-Affected Settings: Key Principles for Inter-Agency Collaboration.
    Background
    The Trade for Peace (T4P) Programme emerged from the vision of the g7+ WTO Accessions Group, a group of fragile and conflict-affected states (FCS) associated with WTO accession. Launched at the 11th WTO Ministerial Conference in 2017, the Group’s aim is to integrate FCS into the multilateral trading system through WTO membership, strengthening economic and trade policy frameworks while promoting transparency and good governance. Initially organized under the “Trade for Peace through WTO Accession” initiative, it expanded into the T4P Programme in 2021.
    The T4P Programme highlights trade and economic integration as key components in fostering durable peace and stability in fragile regions. Building on this foundation, the Trade for Peace: Future Leaders Initiative extends these efforts by engaging youth, focusing on raising awareness of their role in peacebuilding through trade, providing platforms for their voices, and fostering innovative solutions.

    Share

    MIL OSI Economics –

    January 25, 2025
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