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Category: Asia

  • MIL-OSI Security: United States Charges Dual Russian and Israeli National as Developer of LockBit Ransomware Group

    Source: United States Attorneys General

    Defendant Rostislav Panev in Custody Pending Extradition from Israel to the United States

    Note: A copy of the superseding criminal complaint can be found here.

    A superseding criminal complaint filed in the District of New Jersey was unsealed today charging a dual Russian and Israeli national for being a developer of the LockBit ransomware group.

    In August, Rostislav Panev, 51, a dual Russian and Israeli national, was arrested in Israel pursuant to a U.S. provisional arrest request with a view towards extradition to the United States. Panev is currently in custody in Israel pending extradition on the charges in the superseding complaint.

    “The Justice Department’s work going after the world’s most dangerous ransomware schemes includes not only dismantling networks, but also finding and bringing to justice the individuals responsible for building and running them,” said Attorney General Merrick B. Garland. “Three of the individuals who we allege are responsible for LockBit’s cyberattacks against thousands of victims are now in custody, and we will continue to work alongside our partners to hold accountable all those who lead and enable ransomware attacks.”

    “The arrest of Mr. Panev reflects the Department’s commitment to using all its tools to combat the ransomware threat,” said Deputy Attorney General Lisa Monaco. “We started this year with a coordinated international disruption of LockBit — the most damaging ransomware group in the world. Fast forward to today and three LockBit actors are in custody thanks to the diligence of our investigators and our strong partnerships around the world. This case is a model for ransomware investigations in the years to come.”

    “The arrest of alleged developer Ratislav Panev is part of the FBI’s ongoing efforts to disrupt and dismantle the LockBit ransomware group, one of the most prolific ransomware variants across the globe,” said FBI Director Christopher Wray. “The LockBit group has targeted both public and private sector victims around the world, including schools, hospitals, and critical infrastructure, as well as small businesses and multi-national corporations.  No matter how hidden or advanced the threat, the FBI remains committed to working with our interagency partners to safeguard the cyber ecosystem and hold accountable those who are responsible for these criminal activities.” 

    “The criminal complaint alleges that Rotislav Panev developed malware and maintained the infrastructure for LockBit, which was once the world’s most destructive ransomware group and attacked thousands of victims, causing billions of dollars in damage,” said Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division. “Along with our domestic and international law enforcement partner actions to dismantle LockBit’s infrastructure, the Criminal Division has disrupted LockBit’s operations by charging seven of its key members (including affiliates, developers, and its administrator) and arresting three of these defendants — including Panev. We are especially grateful for our partnerships with authorities in Europol, the United Kingdom, France, and Israel, which show that, when likeminded countries work together, cybercriminals will find it harder to escape justice.”

    “As alleged by the complaint, Rostislav Panev for years built and maintained the digital weapons that enabled his LockBit coconspirators to wreak havoc and cause billions of dollars in damage around the world,” said U.S. Attorney Philip R. Sellinger for the District of New Jersey. “But just like the six other LockBit members previously identified and charged by this office and our FBI and Criminal Division partners, Panev could not remain anonymous and avoid justice indefinitely. He must now answer for his crimes. Today’s announcement represents another blow struck by the United States and our international partners against the LockBit organization, and our efforts will continue relentlessly until the group is fully dismantled and its members brought to justice.”

    According to the superseding complaint, documents filed in this and related cases, and statements made in court, Panev acted as a developer of the LockBit ransomware group from its inception in or around 2019 through at least February 2024. During that time, Panev and his LockBit coconspirators grew LockBit into what was, at times, the most active and destructive ransomware group in the world. The LockBit group attacked more than 2,500 victims in at least 120 countries around the world, including 1,800 in the United States. Their victims ranged from individuals and small businesses to multinational corporations, including hospitals, schools, nonprofit organizations, critical infrastructure, and government and law-enforcement agencies. LockBit’s members extracted at least $500 million in ransom payments from their victims and caused billions of dollars in other losses, including lost revenue and costs from incident response and recovery.

    LockBit’s members comprised “developers,” like Panev, who designed the LockBit malware code and maintained the infrastructure on which LockBit operated. LockBit’s other members, called “affiliates,” carried out LockBit attacks and extorted ransom payments from LockBit victims. LockBit’s developers and affiliates would then split ransom payments extorted from victims.

    As alleged in the superseding complaint, at the time of Panev’s arrest in Israel in August, law enforcement discovered on Panev’s computer administrator credentials for an online repository that was hosted on the dark web and stored source code for multiple versions of the LockBit builder, which allowed LockBit’s affiliates to generate custom builds of the LockBit ransomware malware for particular victims. On that repository, law enforcement also discovered source code for LockBit’s StealBit tool, which helped LockBit affiliates exfiltrate data stolen through LockBit attacks. Law enforcement also discovered access credentials for the LockBit control panel, an online dashboard maintained by LockBit developers for LockBit’s affiliates and hosted by those developers on the dark web.

    The superseding complaint also alleges that Panev exchanged direct messages through a cybercriminal forum with LockBit’s primary administrator, who, in an indictment unsealed in the District of New Jersey in May, the United States alleged to be Dimitry Yuryevich Khoroshev (Дмитрий Юрьевич Хорошев), also known as LockBitSupp, LockBit, and putinkrab. In those messages, Panev and the LockBit primary administrator discussed work that needed to be done on the LockBit builder and control panel.

    Court documents further indicate that, between June 2022 and February 2024, the primary LockBit administrator made a series of transfers of cryptocurrency, laundered through one or more illicit cryptocurrency mixing services, of approximately $10,000 per month to a cryptocurrency wallet owned by Panev. Those transfers amounted to over $230,000 during that period.

    In interviews with Israeli authorities following his arrest in August, Panev admitted to having performed coding, development, and consulting work for the LockBit group and to having received regular payments in cryptocurrency for that work, consistent with the transfers identified by U.S. authorities. Among the work that Panev admitted to having completed for the LockBit group was the development of code to disable antivirus software; to deploy malware to multiple computers connected to a victim network; and to print the LockBit ransom note to all printers connected to a victim network. Panev also admitted to having written and maintained LockBit malware code and to having provided technical guidance to the LockBit group.

    The LockBit Investigation

    The superseding complaint against, and apprehension of, Panev follows a disruption of LockBit ransomware in February by the United Kingdom (U.K.)’s National Crime Agency (NCA)’s Cyber Division, which worked in cooperation with the Justice Department, FBI, and other international law enforcement partners. As previously announced by the Department, authorities disrupted LockBit by seizing numerous public-facing websites used by LockBit to connect to the organization’s infrastructure and by seizing control of servers used by LockBit administrators, thereby disrupting the ability of LockBit actors to attack and encrypt networks and extort victims by threatening to publish stolen data. That disruption succeeded in greatly diminishing LockBit’s reputation and its ability to attack further victims, as alleged by documents filed in this case.

    The superseding complaint against Panev also follows charges brought in the District of New Jersey against other LockBit members, including its alleged primary creator, developer, and administrator, Dmitry Yuryevich Khoroshev. An indictment against Khoroshev unsealed in May alleges that Khoroshev began developing LockBit as early as September 2019, continued acting as the group’s administrator through 2024, a role in which Khoroshev recruited new affiliate members, spoke for the group publicly under the alias “LockBitSupp,” and developed and maintained the infrastructure used by affiliates to deploy LockBit attacks. Khoroshev is currently the subject of a reward of up to $10 million through the U.S. Department of State’s Transnational Organized Crime (TOC) Rewards Program, with information accepted through the FBI tip website at www.tips.fbi.gov/.

    A total of seven LockBit members have now been charged in the District of New Jersey. Beyond Panev and Khoroshev, other previously charged LockBit defendants include:

    • In July, two LockBit affiliate members, Mikhail Vasiliev, also known as Ghostrider, Free, Digitalocean90, Digitalocean99, Digitalwaters99, and Newwave110, and Ruslan Astamirov, also known as BETTERPAY, offtitan, and Eastfarmer, pleaded guilty in the District of New Jersey for their participation in the LockBit ransomware group and admitted deploying multiple LockBit attacks against U.S. and foreign victims. Vasiliev and Astamirov are presently in custody awaiting sentencing.
    • In February, in parallel with the disruption operation described above, an indictment was unsealed in the District of New Jersey charging Russian nationals Artur Sungatov and Ivan Kondratyev, also known as Bassterlord, with deploying LockBit against numerous victims throughout the United States, including businesses nationwide in the manufacturing and other industries, as well as victims around the world in the semiconductor and other industries. Sungatov and Kondratyev remain at large.
    • In May 2023, two indictments were unsealed in Washington, D.C., and the District of New Jersey charging Mikhail Matveev, also known as Wazawaka, m1x, Boriselcin, and Uhodiransomwar, with using different ransomware variants, including LockBit, to attack numerous victims throughout the United States, including the Washington, D.C., Metropolitan Police Department. Matveev remains at large and is currently the subject of a reward of up to $10 million through the U.S. Department of State’s TOC Rewards Program, with information accepted through the FBI tip website at www.tips.fbi.gov/.

    The U.S. Department of State’s TOC Rewards Program is offering rewards of:

    Information is accepted through the FBI tip website at tips.fbi.gov.

    Khoroshev, Matveev, Sungatov, and Kondratyev have also been designated for sanctions by the Department of the Treasury’s Office of Foreign Assets Control for their roles in launching cyberattacks.

    Victim Assistance

    LockBit victims are encouraged to contact the FBI and submit information at www.ic3.gov/. As announced by the Department in February, law enforcement, through its disruption efforts, has developed decryption capabilities that may enable hundreds of victims around the world to restore systems encrypted using the LockBit ransomware variant. Submitting information at the IC3 site will enable law enforcement to determine whether affected systems can be successfully decrypted.

    LockBit victims are also encouraged to visit www.justice.gov/usao-nj/lockbit for case updates and information regarding their rights under U.S. law, including the right to submit victim impact statements and request restitution, in the criminal litigation against Panev, Astamirov, and Vasiliev.

    The FBI Newark Field Office, under the supervision of Acting Special Agent in Charge Nelson I. Delgado, is investigating the LockBit ransomware variant. Israel’s Office of the State Attorney, Department of International Affairs, and Israel National Police; France’s Gendarmerie Nationale Cyberspace Command, Paris Prosecution Office — Cyber Division, and judicial authorities at the Tribunal Judiciare of Paris; Europol; Eurojust; the U.K.’s NCA; Germany’s Landeskriminalamt Schleswig-Holstein, Bundeskriminalamt, and the Central Cybercrime Department North Rhine-Westphalia; Switzerland’s Federal Office of Justice, Public Prosecutor’s Office of the Canton of Zurich, and Zurich Cantonal Police; Spain’s Policia Nacional and Guardia Civil; Japan’s National Police Agency; Australian Federal Police; Sweden’s Polismyndighetens; Canada’s Royal Canadian Mounted Police; Politie Dienst Regionale Recherche Oost-Brabant of the Netherlands; and Finland’s National Bureau of Investigation have provided significant assistance and coordination in these matters and in the LockBit investigation generally.

    Trial Attorneys Debra Ireland and Jorge Gonzalez of the Criminal Division’s Computer Crime and Intellectual Property Section (CCIPS) and Assistant U.S. Attorneys Andrew M. Trombly, David E. Malagold, and Vinay Limbachia for the District of New Jersey are prosecuting the charges against Panev and the other previously charged LockBit defendants in the District of New Jersey.

    The Justice Department’s Cybercrime Liaison Prosecutor to Eurojust, Office of International Affairs, and National Security Division also provided significant assistance.

    Additional details on protecting networks against LockBit ransomware are available at StopRansomware.gov. These include Cybersecurity and Infrastructure Security Agency Advisories AA23-325A, AA23-165A, and AA23-075A. 

    A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI United Kingdom: Joint statement on Afghanistan

    Source: United Kingdom – Executive Government & Departments

    Joint statement on the situation in Afghanistan following a G7+ meeting in Geneva

    Special Envoys and Representatives for Afghanistan of Canada, the European Union, France, Germany, Italy, Japan, Norway, the Republic of Korea, Switzerland, Türkiye, the United Kingdom, and the United States met in Geneva on December 16, 2024 to discuss the situation in Afghanistan. Deputy Special Representative for Afghanistan in the United Nations Assistance Mission in Afghanistan (UNAMA), Special Rapporteur on the situation of human rights, Representatives of the World Bank (WB) and of the Organisation of Islamic Cooperation (OIC) also participated in the meeting as observers.

    The Special Envoys and Representatives for Afghanistan:

    1. Expressed grave concern over the Taliban’s decisions in December 2024 to ban women and girls from attending public and private medical training institutions; and expressed concern that this new ban will have devastating consequences for all Afghans, especially mothers and infants – both born and unborn, both boys and girls – and will further destabilize an already fragile healthcare system. These decisions, which come on the back of the Taliban’s “Law on the Promotion of Virtue and the Prevention of Vice” announced in August 2024, expand upon the already over 80 repressive, discriminatory edicts aimed at excluding Afghan women and girls from education, public and economic life. We call for the immediate reversal of these unacceptable practices and policies.

    2. Noted with grave concern recent terrorist attacks in Kabul and the region, as well as the continuing threat terrorism poses to security and stability in Afghanistan; and acknowledged the Taliban actions to tackle terrorist threats from ISIS-K, while recalling the need for the Taliban to pursue actions to tackle terrorist threats, in accordance with Resolution 2593 of the United Nations Security Council and underscoring that some terrorist groups still reside safely inside Afghanistan and are able to plan and carry-out internal and cross-border terrorist strikes.

    3. Underscored that achieving long-term stability in Afghanistan requires a credible and inclusive national dialogue leading to a constitutional order with a representative and inclusive political system, as well as accountable political leaders and the State of Afghanistan meeting its international obligations.

    4. Emphasized the need for implementation of UN Security Council Resolution 2721 (2023), which took positive note of the UN’s independent assessment prepared pursuant to UNSCR 2679 (2023), encouraged member states and all other relevant stakeholders to consider implementation of its recommendations and requested the UN Secretary General to appoint a Special Envoy for Afghanistan to take forward a process between Afghan stakeholders and the international community for long term peace and stability in Afghanistan.

    5. Commended the work of the United Nations, including the UN-led Doha Process, and recognized the important and specific work of UNAMA, UN agencies present in the country, the World Bank, the Asian Development Bank and the many international and local NGOs and other humanitarian actors that continue to support the people of Afghanistan through ongoing social and humanitarian crisis.

    6. Reaffirmed that international NGOs are indispensable to humanitarian work in Afghanistan; and reinforced the importance of a united humanitarian response that includes representation from UN agencies, international and national NGOs, and other humanitarian actors.

    7. Highlighted the necessity to continue helping Afghans who are suffering in the ongoing humanitarian crisis with appropriate consideration for vulnerable populations, including women and women-led households, children and members of ethnic and religious minority communities.

    8. Looked forward to deepening engagement with neighbouring countries and other countries of the region on a joint response to the developing situation in Afghanistan, including countering potential threats such as terrorism and illegal migration to regional security and stability emanating from Afghanistan; commended the efforts of Muslim-majority countries and the OIC in engaging with the Taliban on women’s and girls’ rights and welcomed the leadership they have demonstrated on issues such as access to education and encouraged them to continue their active engagement on these and related issues.

    9. Expressed their appreciation to Switzerland for organizing these consultations and hosting the meeting; and looked forward to this Group of Special Envoys and Representatives meeting again in the near future.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 20 December 2024

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: “Immersive Hong Kong” roving exhibition opens in Dubai (with photos)

    Source: Hong Kong Government special administrative region

    “Immersive Hong Kong” roving exhibition opens in Dubai (with photos)
    “Immersive Hong Kong” roving exhibition opens in Dubai (with photos)
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         The “Immersive Hong Kong” roving exhibition opened in Dubai, the United Arab Emirates, today (December 20). This is the fifth stop of the exhibition, following its successful staging by the Information Services Department (ISD) of the Hong Kong Special Administrative Region Government in Jakarta, Indonesia; Bangkok, Thailand; Kuala Lumpur, Malaysia; and Guangzhou, China between July 2023 and August 2024.      Organised in collaboration with the Hong Kong Economic and Trade Office in Dubai (Dubai ETO), the exhibition is part of the ISD’s promotional campaign to showcase the city’s new attractions, advantages and opportunities. Themed “Hong Kong – Where the World Looks Ahead”, it invites visitors from the Middle East to explore the unique potential for tourism, business and investment in Hong Kong.      The Director of Information Services, Mrs Apollonia Liu, said Hong Kong has been actively expanding and deepening its overseas networks, including closer co-operation and engagement with the Middle East.      “The Chief Executive, Mr John Lee, and a number of Principal Officials have led delegations to visit the Middle East since last year to strengthen Hong Kong’s connections with the region, to tell good stories of Hong Kong, and to explore greater business opportunities.      “Building on the success of the previous runs of the exhibition, we are bringing it to the Middle East for the first time. We hope that the exhibition in Dubai will provide an opportunity for our friends in the region to understand more about our city and its unique potential,” she said.     Through interactive art technology, the “Immersive Hong Kong” exhibition enables visitors to delve into different virtual scenes representing the city with a creative twist. The five thematic zones, namely “Financial Bridgehead”, “I&T Brain Bank”, “Blossoming Creativity”, “Diversity and Greenery” and “Buzzing Sports Action”, feature multiple interactive art projections, light box installations and naked-eye 3D displays, presenting the multifaceted appeal of Hong Kong. There is a special introduction to the Kai Tai Sports Park, Hong Kong’s new state-of-the-art multi-purpose sports venue, which is set to officially open in the first quarter of 2025.      Visitors may also enjoy the city’s vibrant and colourful skyline, illustrated by Hong Kong artist Messy Desk (Jane Lee), at a photo corner in the venue. Promotional videos on Hong Kong and digital panels with information and insights shared by companies and prominent individuals from the Middle East about their experiences in Hong Kong are also on display, explaining why the city is one of the most desirable places to visit, live, work and invest.     To encourage more people to visit Hong Kong, an interactive game, “Snap a cool shot @Immersive Hong Kong”, is also part of the exhibition. Two winners will receive attractive prizes sponsored by Cathay Pacific. The winner of the Grand Prize will receive two round-trip business class air tickets from Dubai to Hong Kong, while the runner-up will receive two round-trip economy class air tickets on the same itinerary.     To give Middle East audiences a taste of Hong Kong’s cultural offerings, a pop music concert by SENZA A Cappella and a street dance performance by Move Beyond will be staged at the exhibition venue from today to December 22.     The exhibition is being held at The Beach, Jumeirah Beach Residence, a buzzing residential, shopping and dining complex in Dubai, until January 5, 2025. Admission is free, and visitors will be offered souvenirs during the event. In addition to Dubai ETO, other supporting organisations of this event include the Belt and Road Office of the Commerce and Economic Development Bureau, Hong Kong Talent Engage, Cathay Pacific, the Hong Kong Trade Development Council, the Hong Kong Tourism Board, and the Kai Tak Sports Park.      More information on the exhibition is available on the dedicated page on the Brand Hong Kong website (www.brandhk.gov.hk/en/campaign/hkpromotion-middle-east) as well as the website of Dubai ETO (www.hketodubai.gov.hk/en/index.html).

     
    Ends/Friday, December 20, 2024Issued at HKT 23:44

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Health, medical research supported

    Source: Hong Kong Information Services

    The Health Bureau today said the Government provides comprehensive and dedicated support for health and medical research projects, research infrastructure and research capacity building in Hong Kong through setting up the Health & Medical Research Fund (HMRF).

    Making the statement in regard to some recent media reports on the Government’s funding support for infectious diseases-related research, the bureau emphasised that the Government has all along been highly supportive of the local health and medical sector to conduct health and medical research, including those related to infectious diseases.

    The bureau noted that funding commitment to the HMRF, established in 2011, has been increased repeatedly and the approved amount has increased to $4.22 billion to support Government-commissioned programmes and investigator-initiated projects. Among them, those related to infectious diseases research amount to $1.2 billion.

    Such projects involved six commissioned programmes on infectious diseases with approved funding of $792 million, covering COVID-19, Middle East Respiratory Syndrome (MERS), influenza, avian flu, swine flu and other respiratory infectious diseases, human papilloma virus and anti-microbial resistance research.

    The above-mentioned commissioned programmes include a total of $556 million since April 2020 to support 105 individual COVID-19 related research studies from bench to bedside and at the community level through application of new technologies.

    These studies provide new evidence to support the Government to promptly tackle the COVID-19 epidemic by formulating health policies, identifying the transmission chains, implementing control measures, improving clinical management as well as developing and promoting the vaccination programme.

    One of the research projects successfully developed the sewage testing approach for quantitative detection of SARS-CoV-2, providing an important indicator for the Government to keep track of virus activity in the community during the COVID-19 epidemic.

    For investigator-initiated projects, infectious disease has always been one of the thematic priorities. As of end September 2024, a total of about 400 research studies have been funded amounting to $424 million.

    Such studies covered the prevention, detection, diagnosis and management of various infectious diseases, such as the hepatitis virus, tuberculosis, AIDS, and those related to preparedness and response to a pandemic and epidemic.

    The Government encourages researchers to continue to leverage the HMRF to amplify the value of their research projects into full play and usher in considerable and sustainable positive impacts on health policy making and implementation with their research outcomes and to unleash new quality productive forces.

    On combating infectious diseases, the Government will continue to support the health and medical sector in conducting related research in order to enhance the capacity in surveillance, early detection, prevention and control.

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: U.S. Charges Dual Russian And Israeli National As Developer Of Lockbit Ransomware Group

    Source: Office of United States Attorneys

    Defendant Rostislav Panev in Custody Pending Extradition from Israel to the United States

    NEWARK, N.J. – A superseding criminal complaint filed in the District of New Jersey was unsealed today charging a dual Russian and Israeli national for being a developer of the LockBit ransomware group, U.S. Attorney Philip R. Sellinger announced.

    In August, Rostislav Panev, 51, a dual Russian and Israeli national, was arrested in Israel pursuant to a U.S. provisional arrest request with a view towards extradition to the United States. Panev is currently in custody in Israel pending extradition on the charges lodged in the superseding complaint.

    “As alleged by the complaint, Rostislav Panev for years built and maintained the digital weapons that enabled his LockBit coconspirators to wreak havoc and cause billions of dollars in damage around the world. But just like the six other LockBit members previously identified and charged by this office and our FBI and Criminal Division partners, Panev could not remain anonymous and avoid justice indefinitely. He must now answer for his crimes. Today’s announcement represents another blow struck by the United States and our international partners against the LockBit organization, and our efforts will continue relentlessly until the group is fully dismantled and its members brought to justice.”

    U.S. Attorney Philip R. Sellinger

    “The Justice Department’s work going after the world’s most dangerous ransomware schemes includes not only dismantling networks, but also finding and bringing to justice the individuals responsible for building and running them,” said Attorney General Merrick B. Garland. “Three of the individuals who we allege are responsible for LockBit’s cyberattacks against thousands of victims are now in custody, and we will continue to work alongside our partners to hold accountable all those who lead and enable ransomware attacks.”

    “The arrest of Mr. Panev reflects the Department’s commitment to using all its tools to combat the ransomware threat,” said Deputy Attorney General Lisa Monaco. “We started this year with a coordinated international disruption of LockBit — the most damaging ransomware group in the world. Fast forward to today and three LockBit actors are in custody thanks to the diligence of our investigators and our strong partnerships around the world. This case is a model for ransomware investigations in the years to come.”

    “The arrest of alleged developer Rostislav Panev is part of the FBI’s ongoing efforts to disrupt and dismantle the LockBit ransomware group, one of the most prolific ransomware variants across the globe,” said FBI Director Christopher Wray. “The LockBit group has targeted both public and private sector victims around the world, including schools, hospitals, and critical infrastructure, as well as small businesses and multi-national corporations. No matter how hidden or advanced the threat, the FBI remains committed to working with our interagency partners to safeguard the cyber ecosystem and hold accountable those who are responsible for these criminal activities.”

    “The criminal complaint alleges that Rotislav Panev developed malware and maintained the infrastructure for LockBit, which was once the world’s most destructive ransomware group and attacked thousands of victims, causing billions of dollars in damage,” said Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division. “Along with our domestic and international law enforcement partner actions to dismantle LockBit’s infrastructure, the Criminal Division has disrupted LockBit’s operations by charging seven of its key members (including affiliates, developers, and its administrator) and arresting three of these defendants — including Panev. We are especially grateful for our partnerships with authorities in Europol, the United Kingdom, France, and Israel, which show that, when likeminded countries work together, cybercriminals will find it harder to escape justice.”

    “For five years, Panev helped to grow LockBit into a ransomware machine of deception and extortion,” said Acting Special Agent in Charge Nelson I. Delgado of the FBI Newark Field Office.  “His reach was far and wide but FBI Newark and our international law enforcement partners were able to disrupt his reign. Panev’s arrest marks a victory against these conspirators, and is a step towards upholding justice and neutralizing these criminals.”

    According to the superseding complaint, documents filed in this and related cases, and statements made in court, Panev acted as a developer of the LockBit ransomware group from its inception in or around 2019 through at least February 2024. During that time, Panev and his LockBit coconspirators grew LockBit into what was, at times, the most active and destructive ransomware group in the world. The LockBit group attacked more than 2,500 victims in at least 120 countries around the world, including 1,800 in the United States. Their victims ranged from individuals and small businesses to multinational corporations, including hospitals, schools, nonprofit organizations, critical infrastructure, and government and law-enforcement agencies. LockBit’s members extracted at least $500 million in ransom payments from their victims and caused billions of dollars in other losses, including lost revenue and costs from incident response and recovery.

    LockBit’s members comprised “developers,” like Panev, who designed the LockBit malware code and maintained the infrastructure on which LockBit operated. LockBit’s other members, called “affiliates,” carried out LockBit attacks and extorted ransom payments from LockBit victims. LockBit’s developers and affiliates would then split ransom payments extorted from victims.

    As alleged in the superseding complaint, at the time of Panev’s arrest in Israel in August, law enforcement discovered on Panev’s computer administrator credentials for an online repository that was hosted on the dark web and stored source code for multiple versions of the LockBit builder, which allowed LockBit’s affiliates to generate custom builds of the LockBit ransomware malware for particular victims. On that repository, law enforcement also discovered source code for LockBit’s StealBit tool, which helped LockBit affiliates exfiltrate data stolen through LockBit attacks. Law enforcement also discovered access credentials for the LockBit control panel, an online dashboard maintained by LockBit developers for LockBit’s affiliates and hosted by those developers on the dark web.

    The superseding complaint also alleges that Panev exchanged direct messages through a cybercriminal forum with LockBit’s primary administrator, who, in an indictment unsealed in the District of New Jersey in May, the United States alleged to be Dimitry Yuryevich Khoroshev (Дмитрий Юрьевич Хорошев), also known as LockBitSupp, LockBit, and putinkrab. In those messages, Panev and the LockBit primary administrator discussed work that needed to be done on the LockBit builder and control panel.

    Court documents further indicate that, between June 2022 and February 2024, the primary LockBit administrator made a series of transfers of cryptocurrency, laundered through one or more illicit cryptocurrency mixing services, of approximately $10,000 per month to a cryptocurrency wallet owned by Panev. Those transfers amounted to over $230,000 during that period.

    In interviews with Israeli authorities following his arrest in August, Panev admitted to having performed coding, development, and consulting work for the LockBit group and to having received regular payments in cryptocurrency for that work, consistent with the transfers identified by U.S. authorities. Among the work that Panev admitted to having completed for the LockBit group was the development of code to disable antivirus software; to deploy malware to multiple computers connected to a victim network; and to print the LockBit ransom note to all printers connected to a victim network. Panev also admitted to having written and maintained LockBit malware code and to having provided technical guidance to the LockBit group.

    The LockBit Investigation

    The superseding complaint against, and apprehension of, Panev follows a disruption of LockBit ransomware in February by the U.K. National Crime Agency (NCA)’s Cyber Division, which worked in cooperation with the Justice Department, FBI, and other international law enforcement partners. As previously announced by the Department, authorities disrupted LockBit by seizing numerous public-facing websites used by LockBit to connect to the organization’s infrastructure and by seizing control of servers used by LockBit administrators, thereby disrupting the ability of LockBit actors to attack and encrypt networks and extort victims by threatening to publish stolen data. That disruption succeeded in greatly diminishing LockBit’s reputation and its ability to attack further victims, as alleged by documents filed in this case.

    The superseding complaint against Panev also follows charges brought in the District of New Jersey against other LockBit members, including its alleged primary creator, developer, and administrator, Dmitry Yuryevich Khoroshev. An indictment against Khoroshev unsealed in May alleges that Khoroshev began developing LockBit as early as September 2019, continued acting as the group’s administrator through 2024, a role in which Khoroshev recruited new affiliate members, spoke for the group publicly under the alias “LockBitSupp,” and developed and maintained the infrastructure used by affiliates to deploy LockBit attacks. Khoroshev is currently the subject of a reward of up to $10 million through the U.S. Department of State’s Transnational Organized Crime (TOC) Rewards Program, with information accepted through the FBI tip website at www.tips.fbi.gov/.

    A total of seven LockBit members have now been charged in the District of New Jersey. Beyond Panev and Khoroshev, other previously charged LockBit defendants include:

    • In July, two LockBit affiliate members, Mikhail Vasiliev, also known as Ghostrider, Free, Digitalocean90, Digitalocean99, Digitalwaters99, and Newwave110, and Ruslan Astamirov, also known as BETTERPAY, offtitan, and Eastfarmer, pleaded guilty in the District of New Jersey for their participation in the LockBit ransomware group and admitted deploying multiple LockBit attacks against U.S. and foreign victims. Vasiliev and Astamirov are presently in custody awaiting sentencing.
    • In February, in parallel with the disruption operation described above, an indictment was unsealed in the District of New Jersey charging Russian nationals Artur Sungatov and Ivan Kondratyev, also known as Bassterlord, with deploying LockBit against numerous victims throughout the United States, including businesses nationwide in the manufacturing and other industries, as well as victims around the world in the semiconductor and other industries. Sungatov and Kondratyev remain at large.
    • In May 2023, two indictments were unsealed in Washington, D.C., and the District of New Jersey charging Mikhail Matveev, also known as Wazawaka, m1x, Boriselcin, and Uhodiransomwar, with using different ransomware variants, including LockBit, to attack numerous victims throughout the United States, including the Washington, D.C., Metropolitan Police Department. Matveev remains at large and is currently the subject of a reward of up to $10 million through the U.S. Department of State’s TOC Rewards Program, with information accepted through the FBI tip website at www.tips.fbi.gov/.

    The U.S. Department of State’s Transnational Organized Crime (TOC) Rewards Program is offering rewards of:

    Information is accepted through the FBI tip website at tips.fbi.gov.

    Khoroshev, Matveev, Sungatov, and Kondratyev have also been designated for sanctions by the Department of the Treasury’s Office of Foreign Assets Control for their roles in launching cyberattacks.

    Victim Assistance

    LockBit victims are encouraged to contact the FBI and submit information at www.ic3.gov. As announced by the Department in February, law enforcement, through its disruption efforts, has developed decryption capabilities that may enable hundreds of victims around the world to restore systems encrypted using the LockBit ransomware variant. Submitting information at the IC3 site will enable law enforcement to determine whether affected systems can be successfully decrypted.

    LockBit victims are also encouraged to visit www.justice.gov/usao-nj/lockbit for case updates and information regarding their rights under U.S. law, including the right to submit victim impact statements and request restitution, in the criminal litigation against Panev, Astamirov, and Vasiliev.

    The FBI Newark Field Office, under the supervision of Acting Special Agent in Charge Nelson I. Delgado, is investigating the LockBit ransomware variant. Israel’s Office of the State Attorney, Department of International Affairs, and Israel National Police; France’s Gendarmerie Nationale Cyberspace Command, Paris Prosecution Office — Cyber Division, and judicial authorities at the Tribunal Judiciare of Paris; Europol; Eurojust; the United Kingdom’s National Crime Agency; Germany’s Landeskriminalamt Schleswig-Holstein, Bundeskriminalamt, and the Central Cybercrime Department North Rhine-Westphalia; Switzerland’s Federal Office of Justice, Public Prosecutor’s Office of the Canton of Zurich, and Zurich Cantonal Police; Spain’s Policia Nacional and Guardia Civil; Japan’s National Police Agency; Australian Federal Police; Sweden’s Polismyndighetens; Canada’s Royal Canadian Mounted Police; Politie Dienst Regionale Recherche Oost-Brabant of the Netherlands; and Finland’s National Bureau of Investigation have provided significant assistance and coordination in these matters and in the LockBit investigation generally.

    Assistant U.S. Attorneys Andrew M. Trombly, David E. Malagold, and Vinay Limbachia for the District of New Jersey and Trial Attorneys Debra Ireland and Jorge Gonzalez of the Criminal Division’s Computer Crime and Intellectual Property Section (CCIPS) are prosecuting the charges against Panev and the other previously charged LockBit defendants in the District of New Jersey.

    The Justice Department’s Cybercrime Liaison Prosecutor to Eurojust, Office of International Affairs, and National Security Division also provided significant assistance.

    Additional details on protecting networks against LockBit ransomware are available at StopRansomware.gov. These include Cybersecurity and Infrastructure Security Agency Advisories AA23-325A, AA23-165A, and AA23-075A. 

    The charges and allegations contained in the superseding complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty.

    Defense counsel: Frank Arleo, Esq.

    MIL Security OSI –

  • MIL-OSI Security: Death of General Thomas R. Morgan, 21st Assistant Commandant of the Marine Corps

    Source: United States Marine Corps

    WASHINGTON, D.C. —

    The Marine Corps announces the passing of the 21st Assistant Commandant of the Marine Corps, General Thomas R. Morgan on December 6, 2024.

    General Morgan passed away peacefully in Fairfax Station, Virginia, after a distinguished career in the Marine Corps and a life dedicated to service.

    “General Morgan was a steadfast leader and a true embodiment of the Marine Corps ethos,” said Gen. Eric Smith, the 39th Commandant of the Marine Corps. “His legacy will live on through his impact on our Corps. We offer our condolences to his loved ones and will be forever appreciative of his service to our nation.”

    General Morgan was born on January 6, 1930, in Allentown, Pennsylvania. After graduating from Colgate University in 1952, he was commissioned a second lieutenant in the Marine Corps and embarked on a distinguished military career that spanned over 36 years. General Morgan served in various key leadership positions, culminating in his role as the Assistant Commandant of the Marine Corps from June 1986 until his retirement on July 1, 1988.

    Throughout his career, General Morgan made lasting contributions to the Marine Corps, including his leadership in multiple overseas assignments, his influence on aviation operations, and his strategic foresight in military planning. His service took him to locations around the world, including the Western Pacific, Vietnam, Europe, and Korea, and he was integral in shaping Marine Corps operations and doctrine.

    Upon retirement, General Morgan remained deeply involved with the military community and his family, with a strong commitment to supporting veterans and military organizations. His personal decorations include the Defense Superior Service Medal, Legion of Merit, and Bronze Star Medal, among others.

    His full biography is located here: Gen. Thomas R. Morgan. His full obituary can be found at Dignity Memorial.

    Media seeking additional information should contact the U.S. Marine Corps Communication Directorate at OnTheRecord@usmc.mil.

    -30-

    MIL Security OSI –

  • MIL-OSI: BitMart Research: BMX 2024 Annual Report

    Source: GlobeNewswire (MIL-OSI)

    Singapore, Dec. 20, 2024 (GLOBE NEWSWIRE) — Recently, BitMart released the BMX 2024 Annual Report.

    1. 2024 Crypto Market Review

    At the beginning of the year, capitalizing on the momentum generated by the previous year’s bull market, BTC achieved a peak price of $73,881 in March. Nevertheless, despite the occurrence of its halving event in April, the market did not transition into a sustained upward trajectory. Instead, it underwent a significant decline in June, resulting in an extended period of adjustment. The primary catalysts in the first half of the year included the approval of an ETF for both Bitcoin and Ethereum, as well as the halving event. While the introduction of the ETF attracted institutional investment and enhanced the recognition of cryptocurrency assets within traditional financial markets, the halving event, despite lacking immediate positive impacts, is anticipated to substantially increase the value of Bitcoin over the long term. The market correction observed in June was precipitated by numerous factors, including Japan’s interest rate hikes, developments surrounding the Mt. Gox compensation case, and the German government’s liquidation of crypto assets, which collectively heightened selling pressure and instigated market panic.

    In the latter half of the year, the cryptocurrency market experienced a resurgence of momentum. Expectations regarding interest rate cuts revitalized the market, while the election victory of Donald Trump contributed to a robust recovery, resulting in BTC prices exceeding the $100,000 threshold and reaching a new all-time high of $104,088. Consequently, the total market capitalization of cryptocurrencies and trading volumes witnessed significant increases. In this context, altcoins displayed strong performance, with substantial gains observed in SOL, ETH, XRP, and ADA across various sectors. Trump’s proposed policies — characterized by the easing of regulations, the establishment of national reserves, and the support of mining enterprises — emerged as central themes for market recalibration. This highlights the positive influence of clear regulatory frameworks in enhancing User confidence and fostering growth within the industry.

    In contrast to previous years, the participation of institutional users has begun to significantly reshape market dynamics. Bitcoin’s dominance has continued to strengthen, while Ethereum has encountered challenges to its previously monopolistic position due to competition from emerging blockchain technologies and its constrained value capture capabilities. Concurrently, the decline in the popularity of altcoins has facilitated the emergence of the MEME sector as a new focal point within the market. These developments indicate a discernible trend toward diversification within the cryptocurrency industry.

    2. BMX Market Performance

    Figure 1: Annual Changes in Exchange Platform Tokens’ Prices and Market Capitalizations

    (Data Source：CMC、CG)

     According to data from CoinMarketCap and CoinGecko, the prices and market capitalizations of platform tokens from major exchanges have exhibited an upward trajectory over the past year, although notable variations in performance have been observed. BMX experienced a price escalation of 57.9% accompanied by a market capitalization increase of 56.8%, culminating in a total market capitalization of $262 million, indicative of consistent growth. Generally, lower-market-cap tokens have experienced substantial benefits due to their smaller baselines, resulting in rapid growth. In contrast, higher-market-cap tokens have demonstrated stable growth, reflecting resilience albeit with comparatively slower rates of increase.

    It is worth noting that Trump’s presidency may lead to clearer crypto market regulations, potentially reshaping the global cryptocurrency landscape. This development could significantly impact the future of the crypto industry. The resignation of SEC Chairman Gary Gensler further signals a turning point for crypto enterprises previously targeted by SEC lawsuits. Centralized exchanges, long under SEC scrutiny, are likely to benefit substantially from this leadership change, potentially achieving significant progress in regulatory compliance.

     Figure 2: Comparison of Exchange Spot Average Daily Trading Volume and Circulating Market Capitalization Over the Past Year

    (Data Source：CMC、CG)

     According to data from CoinGecko, the circulating market capitalization of BMX currently amounts to $262 million, a figure that is significantly lower than that of other exchange platform tokens. However, BitMart has demonstrated an average daily spot trading volume of $803 million over the past year. A comparison of BMX’s market capitalization with BitMart’s daily trading volume reveals that the exchange’s trading activity exceeds the valuation of its platform token. Furthermore, both the market capitalization and price of BMX have experienced considerable growth over the last year. This trend indicates that, despite its relatively modest market capitalization, BMX is undergoing heightened market activity and demand, as the broader market gradually starts to acknowledge its potential value.

     3. BMX Burn Progress

    Figure 3: BMX Burn Progress Table

    In accordance with the repurchase mechanism detailed in the BMX whitepaper, BitMart executed the repurchase of approximately 5,672,978 BMX tokens in the year 2024, amounting to a total value of approximately $2,034,343. This series of repurchase initiatives underscores BitMart’s ongoing commitment and confidence in its platform token, BMX. By allocating a portion of its revenue generated from transaction fees towards these repurchases, BitMart has effectively decreased the circulating supply of BMX in the market, thereby contributing to its stability and scarcity.

     4. New Features and Activities for BMX in 2024

    Figure 4: New BMX Features in 2024

    In 2024, BMX introduced a series of new features that substantially enhanced its value and liquidity. The implementation of a staking feature enables users to obtain stable annual returns without facing any entry barriers, thereby attracting a larger number of long-term participants. Additionally, the small asset conversion feature addresses the issue of “dust” balances in user accounts, improving the utility of minor assets while expanding the practical use cases for BMX. Users can also benefit from transaction fee discounts and engage in various platform activities. Furthermore, the establishment of a P2P trading market has rendered BMX trading more adaptable, allowing users to conduct transactions using diverse payment methods, which, in turn, increases the liquidity and market demand for BMX. The listing of BMX on KuCoin signifies an important step in its expansion within the global market, drawing greater interest from users. Additionally, the introduction of the BMX Flash Sale feature has further elevated the exclusive benefits available to holders.

    The introduction of the stake-to-list feature has empowered BMX holders to make independent decisions regarding the listing of projects on BitMart, while also benefiting from shared transaction fees and additional advantages. This initiative fosters a sense of collective ownership, enhances decision-making authority, and provides users with control, growth opportunities, and shared responsibilities within the BitMart community.

    The recent enhancements to the BMX platform have significantly broadened its range of applications, offering users an increased array of opportunities for investment returns and active participation. With functionalities including staking, conversion, peer-to-peer trading, IEO, and stake-to-list mechanisms, the diverse features of BMX have substantially elevated its market appeal and liquidity. These improvements have not only enriched the user experience but have also contributed to the platform’s growth and adoption within the cryptocurrency market.

    Figure 5: New BMX Activities in 2024

    In 2024, BMX implemented several strategic initiatives that significantly enhanced its market appeal and user engagement. These initiatives encompassed trading competitions, external collaborations, and community-building programs. The trading competitions incentivized a substantial influx of participants, thereby increasing the liquidity of BMX. External collaborations not only served to promote BMX but also elevated the visibility of related projects. The community-building program recognized and rewarded active members, while also providing essential traffic support. Collectively, these initiatives not only broadened the applications of BMX but also improved its liquidity and market influence. Through this program, BMX fostered user retention, attracted a greater number of dedicated users and community contributors, and bolstered its market activity and long-term growth potential.

    5. BMX Value Benefits

    – Higher Account Levels and Trading Fee Discounts: BMX holders are eligible for higher account levels and better trading fee rates. The more BMX a user holds, the greater the discount they receive.

    – Higher Copy Trading Profit Share: BMX holders qualify for a higher percentage of copy trading profit sharing.

    – Participation in Launchpad: BMX holders can participate in BitMart’s exclusive Launchpad and receive free airdrops of newly listed tokens.

    – VIP Membership Upgrade Criteria: BitMart offers a lifetime VIP membership plan, and holding BMX is one of the criteria for upgrading.

    – Stake-to-List: Users can stake BMX to support their favorite projects and earn rewards.

    – Participation in BitMart Products: Users can stake BMX to participate in various products offered by BitMart and earn higher interest rates.

    – Ecosystem Payment Token: BMX can be used as a payment token for projects within the BitMart ecosystem.

    – Holding Trading Rebate: Invite friends to hold and trade BMX to earn rebates.

    Risk Warning:

    Use of BitMart services is entirely at your own risk. All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results.

    The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. Investing involves risks, and the content should be approached with caution. BitMart does not provide any investment, legal or tax advice.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.  

    The MIL Network –

  • MIL-OSI Economics: ADB, Hamkorbank Sign Deal to Enhance Financial Access for Rural MSMEs in Uzbekistan

    Source: Asia Development Bank

    TASHKENT, UZBEKISTAN (20 December 2024) — The Asian Development Bank (ADB) and Hamkorbank has signed a 625 billion Uzbek sum (equivalent to about $50 million) loan to enhance access to financing to rural micro, small, and medium-sized enterprises (MSMEs) in Uzbekistan.

    A majority of the loan will be allocated to support financial inclusion for MSMEs outside the capital of Tashkent. At least 20% of the loan will be directed towards women-owned or led MSMEs, and at least 10% will be earmarked for green technology investments. The country’s nearly half a million MSMEs are a key pillar of the economy, contributing over 50% of GDP and employing most of the working population. Even so they struggle to access bank loans, especially those run by women who often lack basic finance and management skills.

    “ADB is committed to Uzbekistan’s inclusive economic development. This partnership with Hamkorbank will provide much-needed support for rural MSMEs, empowering entrepreneurs, creating jobs, and contributing to the country’s overall economic resilience,” said ADB Director General for Private Sector Operations Suzanne Gaboury. “By focusing on MSMEs and green technology investments, ADB’s support for Hamkorbank will stimulate local economies, fostering long-term, inclusive growth that benefits a wide cross-section of society including women-led businesses.”

    “This partnership underscores Hamkorbank’s commitment to supporting the Uzbekistan’s economic reforms and development strategies. ADBs financial support, especially given the market scarcity of medium-term local currency financing, will help meet the evolving needs of MSMEs, contributing to a more dynamic and resilient Uzbekistan,” said a Hamkorbank’s CEO Bakhtiyorjon Juraev.

    Established in 1991, Hamkorbank is Uzbekistan’s third-largest private bank, with a strong rural footprint, servicing its clients through a network of 50 branches, 150 service outlets, and multi-sales channels.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics –

  • MIL-OSI Economics: Heat Up This Holiday Streaming Season With New Festive Flicks and TV Picks on Samsung TV Plus

    Source: Samsung

     
    Thursday, December 20, 2024: This Christmas, Samsung welcomes a range of new content to bolster its free, festive line-up on Samsung TV Plus, as families settle in for the holiday streaming season.
     
    With over 200 live TV channels and thousands of movies and shows on demand, all for free, Samsung TV Plus offers a diverse range of premium programming to suit every taste this holiday season. No subscriptions, no downloads—just pure festive fun available across Samsung Smart TVs[1].
     
    Samsung is bringing the heat this Christmas with a wide range of content to suit every home’s festive viewing wishes. From viral YouTube interview show, Hot Ones, iconic Christmas classics on Festive Hub, the latest in trending K-content, festive foodie content from Jamie Oliver, and live sporting coverage on FIFA+ and the Tennis Channel, there really is something for everyone.
     
    Beyond the hundreds of free live TV channels spanning multiple genres like news, entertainment, sports, Samsung is also delivering top gaming action with the Samsung Gaming Hub – your gateway to over 3,000 cloud-enabled games, right from your TV[2].
     
    With leading services like XBOX Game Pass[3], NVIDIA GeForce NOW, and Amazon Luna integrated seamlessly, players can jump into their favourite titles instantly. Whether you’re battling through epic adventures, solving puzzles, or enjoying family-friendly classics, the Samsung Gaming Hub makes gaming more accessible and immersive than ever. It’s, perfect for holiday gatherings or solo play.
     
    Gus Grimaldi, Head of Samsung TV Plus EMEA, said: “At Samsung, we’re creating an all-in-one entertainment hub that offers something for everyone. From festive favourites and globally loved shows on Samsung TV Plus to immersive gaming experiences on the Samsung Gaming Hub, we’re providing families with choice and convenience this Christmas. Our goal is to make it easier than ever for people to come together, enjoy incredible content, and create lasting memories this holiday season.”
     
    Jordan Byers, Brand Marketing Lead at Samsung Electronics UK&I comments: “Our Christmas offering is just one of the many ways we’re committed to delivering more than just a TV. With advanced AI optimisation that provides the perfect picture and sound, to an ever-growing rooster of content to watch and play, we’re offering our customers more ways to enjoy and experience our products than ever before.”
     
    Samsung TV Plus Top Christmas Selects
     
    Festive Hub: the home of heart-warming holiday films
     
    Festive Hub delivers the essential Christmas experience for a range of audiences. With a line-up of many cheerful films such as snowy romances from Hallmark media and Lifetime entertainment, to great comedies, and animated specials. There are seasonal offerings for the whole family, perfect for cosy evenings by the fire.

    Hot Ones: the YouTube series heating up the holidays

    Dive into the globally beloved Hot Ones, where celebrities answer questions while enduring increasingly spicy wings. It’s the ultimate mix of laughs, spice, and surprising revelations to keep you entertained this Christmas, with its latest guests including Paul Mescal, Idris Elba, and Millie Bobbie Brown.
     
    The latest in K-Content: your gateway to global stories
     
    For fans of Korean dramas, movies, and variety shows, Samsung TV Plus brings the freshest K-content to your screen. Celebrate the holidays with gripping stories, high-quality productions, and globally trending series.
     
    Jamie Oliver cooking shows: festive inspiration for your Christmas feast
     
    Jamie Oliver’s beloved cooking shows are here to make your Christmas delicious. From traditional roasts to creative twists on festive favourites, Jamie brings expert guidance and accessible recipes for all.
     
    [1] Samsung Gaming Hub comes already available on Samsung Smart TV models from 2022, 2023 and 2024.
    [2] Internet connection, additional gaming service subscription and compatible controller required. Gaming Hub not available in Republic of Ireland.
    [3] Requires Xbox Game Pass Ultimate subscription. Internet connection and compatible controller required.
     

    MIL OSI Economics –

  • MIL-OSI USA: N.C. Trails Committee Awards Over $1.24 Million in Federal Grants, Recommends Designations for Access Points on State Paddle Trails

    Source: US State of North Carolina

    Headline: N.C. Trails Committee Awards Over $1.24 Million in Federal Grants, Recommends Designations for Access Points on State Paddle Trails

    N.C. Trails Committee Awards Over $1.24 Million in Federal Grants, Recommends Designations for Access Points on State Paddle Trails
    jejohnson6

    At its December meeting, the North Carolina Trails Committee selected 13 trail development projects and five safety and education projects to receive matching federal grants, the N.C. Division of Parks and Recreation announced. In addition, the committee recommended the official designation of the first access points on the new Haw River State Trail and four accesses on the Yadkin River State Trail.

    “This annual funding from the federal government is key to continuing North Carolina’s distinction as the Great Trails State,” said N.C. Department of Natural and Cultural Resources Secretary Reid Wilson. “Trail improvements, new trail development, and trail safety and education programs help residents and visitors take advantage of healthy and affordable outdoor recreation opportunities.”

    The selected projects include relocation of an off-road vehicle trail to make it more sustainable, updates to a paddle trail access, improvements to greenways, and construction on new trails. The projects range from a little over $54,000 up to the maximum of $100,000, with a total of over $1.2 million. The Safety and Education grants are around $5,000 each, totaling over $24,000.

    In addition, the committee recommended to the DNCR Secretary the approval of the first designated access on the Haw River State Trail, on Brooks Bridge in Rockingham County, along a segment called High Rock Ford. The Haw River State Trail was authorized by the General Assembly in 2023. The committee also recommended official designations for four accesses on the Yadkin River State Trail:

        • The boat access at Morrow Mountain State Park

        • Donnaha Access in Yadkin County

        • Moravian Creek Access in the town of Wilkesboro, and

        • Ronda Memorial Park Access in the town of Ronda.

    Together, these access points will add 13.6 designated miles to the Yadkin River State Trail.

    “We are very excited to continue to make progress on the state trails,” said Division Director Brian Strong. “These accesses allow the public to enjoy two of North Carolina’s beautiful rivers, the Haw and the Yadkin. We appreciate the hard work that our state trail partners and section sponsors have put in to help us grow the state trails network in North Carolina.”

    State trails, a unit of the state parks system, epitomize partnerships. They are composed of multiple connected sections, and each section of the trail is sponsored by a state or federal agency, local government, or private landowner. Section sponsors build, maintain, and manage their section of the trail. Once a segment of trail or access is constructed within the planning corridor of a state trail, the section sponsor must apply for official state trail designation. Until the trail segment is designated, it is not part of the state trail.

    The Division’s Trails Program manages the federal Recreational Trails Program Grant from the Federal Highway Administration. The grant provides funding for construction of new trails, maintenance and repair of existing trails, land acquisition, purchase of trail tools, and planning, legal, environmental, and permitting costs. Safety and Education grants are a subset of the program and are awarded for safety and education instructor fees, speaker fees, displays, signage, and other uses. Federal, state, or local government agencies or qualified nonprofit organizations are eligible to apply for the annual RTP grants.

    The seven-member Trails Committee, appointed by the DNCR Secretary, advise the Trails Program on funding recommendations. Final determination on grant awards is made by the DNCR Secretary. The committee members represent various trail use communities across the state, including hiking, biking, paddling, equestrian, and off-road vehicles.

    The Trails Committee also reviews designation applications for state trails and makes recommendations for the DNCR Secretary’s final approval.

    Grant recipients and awards are as follows:

    Trail Development Projects

    Recipient County Project Name Funds Awarded
    U.S. Forest Service Burke 2024 Brown Mountain Off-Highway Vehicle Area Maintenance – Trail Relocation $100,000
    U.S. Forest Service Burke Brown Mountain OHV Area Mini-Excavator – Trail Equipment $100,000
    Town of Rolesville Wake Granite Acres Greenway Connection Project – New Trail $100,000
    Alamance Parks (on behalf of Friends of Haw River State Trail) Alamance, Guilford, Rockingham Haw River State Trail Paddle and Land Trail Improvements – Greenway Facilities $78,000
    Chatham County Chatham HRST Pegg Tract Improvements – New Trail $100,000
    Blue Ridge Conservancy Ashe Northern Peaks State Trail Three Top Mountain Phase 1 – New Trail $100,000
    Town of Sylva Jackson Pinnacle Park Recreation Trails – New Trail $92,000
    Town of Boone Watauga NPST Rivers House Park – New Trail $54,932
    Town of Rosman Transylvania Rosman Riverfront Park Phase 1 – New Trail $100,000
    Catawba Lands Conservancy Gaston Spencer Mountain Trail Construction – New Trail $100,000
    Cleveland County Water Cleveland Stagecoach Greenway Narrows Segment – New Trail $100,000
    City of Rocky Mount Nash Sunset Park New Multi-Use Natural Surface Trail, Joint Trailhead and Renovation of Sunset Tar River $100,000
    Camp Grier McDowell Woods Mountain Trail Restoration $100,000
        TOTAL $1,224,932

    Safety and Education Grants

    Recipient County Program Name Funds Awarded
    Dan River Basin Association Caswell, Rockingham, Stokes Public Water Safety Classes for Recreational Boaters $5,000.00
    McDowell County McDowell McDowell Trails Tool and Education Fund $4,960.48
    McDowell Tech Community College McDowell McDowell Tech Trail School $5,000.00
    Carolina Mountain Club Buncombe, Haywood, Madison Certification of CMC Sawyers $4,900.00
    Camp Grier McDowell Usability and Sustainability Program for Volunteer Trail Crew $4,988.41
        TOTAL $24,848.89

    About North Carolina State Parks
    North Carolina State Parks manages more than 262,000 acres of iconic landscape within North Carolina’s state parks, state recreation areas and state natural areas. It administers the N.C. Parks and Recreation Trust Fund, including its local grants program, as well as a state trails program, North Carolina Natural and Scenic Rivers and more, all with a mission dedicated to conservation, recreation and education. The state parks system welcomes more than 19 million visitors annually.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.
    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Dec 20, 2024

    MIL OSI USA News –

  • MIL-OSI: Foresight Ventures Latest Research Dissects Story’s Revolutionary Protocol for AI-Driven IP Economy

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Dec. 20, 2024 (GLOBE NEWSWIRE) —

    Foresight Ventures, a global leading Venture Capital in Web3 and blockchain, has unveiled its latest research report on Story, highlighting its transformative potential in building a decentralized ecosystem for managing intellectual property (IP). The research delves into how the protocol enables trustless IP management, automated licensing, and dynamic royalty systems, fostering an AI-driven IP economy that redefines digital creativity and collaboration.

    Revolutionizing the IP Landscape

    Story recently introduced the Agent Transaction Control Protocol for Intellectual Property (ATCP/IP), a groundbreaking framework enabling the seamless and autonomous exchange of IP on-chain. By integrating programmable licensing terms, royalty automation, and dispute resolution mechanisms, it provides a scalable, trustless infrastructure for creators and innovators.

    “Story is more than a blockchain; it’s an operating system for decentralized creativity,” said Maggie Wu, Research Lead at Foresight Ventures. “Its ability to empower creators with scalable, automated, and transparent IP tools is a paradigm shift in how we view and manage intellectual property globally.”

    Pioneering the AI Economy

    A key highlight of the research is Story’s role in bridging blockchain technology with the growing AI ecosystem. The ATCP/IP framework allows AI agents to autonomously manage, license, and trade datasets, outputs, and algorithms, facilitating collaboration and innovation at an unprecedented scale.

    “AI and blockchain are converging to reshape how we manage and transact value,” said Forest Bai, Co-founder of Foresight Ventures. “Story stands out by enabling a frictionless marketplace for intellectual property, empowering creators while fostering sustainable innovation through trustless systems.”

    Real-World Applications and Future Potential

    Story’s applications extend beyond intellectual property to address broader market needs. From tokenized real-world IPs like Bored Ape Yacht Club to royalty-based financial derivatives, its modular framework provides robust solutions for creators and enterprises. Its AI integration further amplifies its scalability, enabling decentralized knowledge economies to thrive.

    For more details of the research, users can visit this LINK.

    About Foresight Ventures

    Foresight Ventures is the first and only crypto VC bridging East and West. With a research-driven approach and offices in the US and Singapore, they are a powerhouse in crypto investment and incubation. Their premier media network includes The Block, Foresight News, BlockTempo, and Coinness. The team aggressively invest in the most daring innovations. They are dedicated to partnering with visionary projects and top teams to help them succeed, reshaping the future of digital finance and beyond.

    For more information, users can visit: Website | Twitter | LinkedIn | Discord | Linktree

    Contact

    PR team

    Foresight Ventures

    media@foresightventures.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dac580f8-8c12-4c67-8160-89c64194c36f

    The MIL Network –

  • MIL-OSI Economics: How Has Dollarization Served Timor-Leste So Far?

    Source: International Monetary Fund

    Preview Citation

    Format: Chicago

    Export Citation

    • ProCite
    • RefWorks
    • Reference Manager

    • BibTex
    • Zotero

    Summary

    This paper analyzes Timor-Leste’s historical economic performance and structure under dollarization. It considers several dimensions that determine the benefits and costs of the regime: (i) growth and inflation performance; (ii) business and financial cycle synchronization; (iii) adjustment to external shocks; and (iv) competitiveness. Dollarization has helped Timor-Leste achieve relatively low and stable inflation in the context of post conflict fragility, but may be contributing to weakening competitiveness. Improved performance under dollarization requires reduced fiscal imbalances and advancement of reforms that address structural bottlenecks that also undermine competitiveness.

    Subject: Business cycles, Competition, Conventional peg, Currencies, Dollarization, Economic growth, Exchange rate arrangements, Exchange rate flexibility, Expenditure, Financial markets, Foreign exchange, Inflation, Monetary policy, Money, Prices, Real effective exchange rates

    Keywords: Business cycles, Business cycles, Commodity price fluctuations, Competition, Competitiveness, Conventional peg, Currencies, Dollarization, Dollarization, Exchange rate arrangements, Exchange rate flexibility, Exchange rates, Inflation, Real effective exchange rates

    Publication Details

    MIL OSI Economics –

  • MIL-OSI USA: 399 Sea Turtles Rescued, Rehabilitated and Released Thanks to Community Partnerships

    Source: US State of North Carolina

    Headline: 399 Sea Turtles Rescued, Rehabilitated and Released Thanks to Community Partnerships

    399 Sea Turtles Rescued, Rehabilitated and Released Thanks to Community Partnerships
    jejohnson6

    The North Carolina Aquarium on Roanoke Island has rehabilitated and released 399 sea turtles with the aid of several long-standing community partnerships on the Outer Banks. The turtles were initially brought to the Sea Turtle Assistance and Rehabilitation (STAR) Center at the Aquarium because of cold-stunning, a hypothermia-like condition that occurs when the water temperature drops quickly before the sea turtles can migrate to warmer water.

    More than 135 Aquarium staff and volunteers have worked tirelessly to process intakes and provide care as 553 cold-stunned sea turtles were delivered to the Aquarium between Dec. 1-7, when temperatures on the Outer Banks fell dramatically.

    The response, rescue, and transport of sea turtles during a cold-stun stranding event relies heavily on the Network for Endangered Sea Turtles (N.E.S.T.) and their nearly 25-year partnership with the Aquarium. Throughout this stranding event, the Aquarium, STAR Center, and N.E.S.T. have collaborated with multiple organizations, including Cape Hatteras National Seashore, the N.C. Wildlife Resources Commission, the Outer Banks S.P.C.A. and local veterinarian clinics, Phideaux Fishing vessel, and the U.S. Coast Guard Stations Hatteras Inlet and Fort Macon, Sector North Carolina. Additionally, an outpouring of support has been offered by local groups, individuals, the N.C. Aquarium Society, and partners from the Association of Zoos & Aquariums.

    The hundreds of participants involved in this cold-stun event have provided multi-tiered support including leading logistics, holding sea turtles in the clinic, providing care, and transporting turtles throughout the facility. They provide land and sea transportation for turtle rescues and releases, run laundry, prepare veterinary supplies and salt water, assist with intakes and swim tests, and share updates with stakeholders. Additionally, a concerted effort from all parties has guaranteed the care of caretakers as well, by providing meals to participants and celebrating their time, energy, and commitment to saving sea turtles.

    As of Dec. 17, the Aquarium has received 576 sea turtles which include N.C.’s most common species: loggerhead, green and Kemp’s ridley. The STAR Center is currently caring for approximately 71 animals. Releases are planned for additional dates in December.

    Sea turtles that appear still or sluggish in the sound water or on a beach during winter months should not be pushed back into the water or moved. Instead, a sea turtle that appears to be in distress should be reported to the Sea Turtle Stranding Hotline via N.E.S.T. at 252-441-8622.

    Sea turtles in North Carolina are protected by the federal Endangered Species Act and managed by the N.C. Wildlife Resources Commission. N.C. Aquarium on Roanoke Island operates under NCWRC Sea Turtle Permit #24ST46.

    About the North Carolina Aquarium on Roanoke Island
    The North Carolina Aquarium on Roanoke Island, close to Ft. Raleigh National Historic Site, is open 9 a.m. to 5 p.m. every day except Thanksgiving and Christmas. Admission: ages 3–12, $10.95; ages 13–61, $12.95; ages 62 +, $11.95. Children 2 and under and North Carolina Aquarium Society members are admitted free of charge.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.
    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Dec 18, 2024

    MIL OSI USA News –

  • MIL-OSI USA: Mountain Gateway Museum Opens Temporary Location

    Source: US State of North Carolina

    Headline: Mountain Gateway Museum Opens Temporary Location

    Mountain Gateway Museum Opens Temporary Location
    jejohnson6

    The Mountain Gateway Museum has opened to the public at its temporary location at 78-C Catawba Ave., in Old Fort. Repairs have begun to the museum and grounds following damage from Hurricane Helene. The museum operates Tuesday-Saturday from 9 a.m.-5 p.m., and is closed Sundays and Mondays and all state holidays.

    At the new location, a permanent exhibit on what makes Western N.C. unique to the rest of the state has been installed. From the people who live here to the fauna, flora, agriculture, and more, guests can learn what makes this region special. Visitors also can view a temporary exhibit, “A Place at the Polls,” to learn about the evolution of voting rights in North Carolina.

    For more information, or if you need to contact us, please call us at our new phone number, 828-785-9528, or email us at mgm@dncr.nc.gov.

    About Mountain Gateway Museum
    A regional branch of the North Carolina Museum of History in Raleigh, the Mountain Gateway Museum & Heritage Center (MGM) is the westernmost facility in the N.C. Department of Natural & Cultural Resources’ Division of State History Museums.

    Nestled at the foot of the Blue Ridge Mountains along the banks of historic Mill Creek in downtown Old Fort (McDowell County), the museum uses artifacts, exhibitions, educational programs, living history demonstrations, and special events to teach people about the rich history and cultural heritage of the state’s mountain region, from its original inhabitants through early settlement and into the 20th century.

    As part of its education outreach mission, MGM also assists non-profit museums and historic sites in 38 western NC counties with exhibit development & fabrication, genealogical research, photography archives, traveling exhibitions, and consultations.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.
    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Dec 19, 2024

    MIL OSI USA News –

  • MIL-OSI: Leishen Energy Holding Co., Ltd. Announces Closing of $5,500,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Beijing, China, Dec. 20, 2024 (GLOBE NEWSWIRE) — Leishen Energy Holding Co., Ltd. (the “Company” or “Leishen Energy”) (Nasdaq: LSE), a China-based provider of clean-energy equipment and integrated solutions for the oil and gas industry, today announced the closing of its initial public offering (the “Offering”) of 1,375,000 ordinary shares (“Shares”) at a public offering price of $4.00 per Share. The Shares began trading on the Nasdaq Capital Market on December 19, 2024, under the ticker symbol “LSE”.

    The Company received aggregate gross proceeds of $5,500,000 from this Offering, before deducting underwriting discounts and commissions and offering expenses payable by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 206,250 Shares at the public offering price, less the underwriting discount.

    The Company intends to use the net proceeds of the Offering for the construction of a high-tech manufacturing industrial park in the Nanjing Lishui High-tech Development Zone, PRC, for the establishment of its smart manufacturing and new energy R&D center, for the purchase of business equipment and other patented technologies, to strengthen and expand our presence in the PRC Southwest oil and gas market, and to bolster its working capital.

    The offering was conducted on a firm commitment basis. Dominari Securities LLC acted as lead underwriter and Revere Securities LLC as co-underwriter (collectively, the “underwriters”) for the Offering. Sichenzia Ross Ference Carmel LLP acted as U.S. counsel to the Company for the Offering, and VCL Law LLP acted as counsel to the underwriters in connection with the Offering.

    The Shares described above are offered by the Company pursuant to a registration statement on Form F-1, as amended (File Number: 333-282433), that was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 18, 2024. The Offering was made only by means of a prospectus, forming a part of the effective registration statement. A copy of the final prospectus relating to the Offering may be obtained from Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor New York, NY 10022, Attention: Eric Newman, or by calling (212) 393-4500 or emailing info@dominarisecurities.com or by logging on to the SEC’s website at www.sec.gov.

    Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offers, solicitations or sales would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Any offers, solicitations, or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

    About Leishen Energy Holding Co., Ltd.

    The Leishen Group was founded in 2007 and is a China-based provider of clean-energy equipment and integrated solutions for the oil and gas industry, with a commitment to providing customers with high-performance, safe and cost-effective energy solutions. Our major lines of business include (i) sale of clean-energy industry; (ii) new energy production and operation; (iii) digitalization and integration equipment; and (iv) oil and gas engineering technical services. At present, the Group holds more than 70 patents and software copyrights, forming a comprehensive ecosystem of core technical capabilities. Currently, our business operations have expanded beyond the PRC to Central Asia, and Southeast Asia, and our service abilities and quality have been widely recognized and praised by foreign customers. Efficient, safe and energy-saving equipment combined with professional technical services have enabled our brand to gain positive attention and recognition from our customers and enabled us to become a well-known equipment and services provider in the oil and gas industry. For more information, please visit the Company’s website: www.r-egroup.com.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s share offering. 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 may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. 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 SEC.

    For more information, please contact:

    Leishen Energy Holding Co., Ltd.

    Investor Relations Department

    Email: ir@r-egroup.com

    The MIL Network –

  • MIL-OSI Security: Attempted Robber Who Shot Elderly Man on the Ute Mountain Ute Reservation Sentenced To More Than 13 Years In Prison

    Source: Office of United States Attorneys

    DURANGO – The U.S. Attorney’s Office for the District of Colorado announces that Lovell Cassius Benallie, age 27, of Kirtland, New Mexico, was sentenced to a total of 166 months in prison for assault with a dangerous weapon and discharging a firearm during a crime of violence on the Ute Mountain Ute Indian Reservation. The prison sentence will be followed by three years of supervised release.

    According to the plea agreement and information presented at sentencing, on August 24, 2023, Benallie and an associate traveled from New Mexico to the Ute Mountain Ute Casino. After gambling, Benallie went to the nearby Ute Mountain Ute Travel Center and approached an elderly Navajo man preparing to use the laundry facility. In an interaction that lasted about eighteen seconds, Benallie said, “give me all your money” and pointed a 9mm gun at the man. When the man replied, “what money” Benallie aimed and fired the gun at the man’s leg. Benallie fled the scene. The victim was airlifted to Grand Junction for medical treatment and suffered serious and enduring injuries.    

    Benallie had several prior felony convictions, including a conviction for aggravated assault with a dangerous weapon in Farmington, New Mexico.

    “The defendant acted callously and purposelessly,” said Acting United States Attorney for the District of Colorado Matt Kirsch. “Gun violence will not be tolerated on the Ute Mountain Ute Reservation and our office reaffirms our intention to vigorously violent crimes on our reservations.”

    “This defendant coldly and callously shot a total stranger during an attempted robbery. Any such act of violence on the Ute Mountain Ute Reservation gets the full attention of FBI Denver,” said Special Agent in Charge Mark Michalek. “In this case we were assisted by the Farmington, New Mexico, Police Department. We will continue to support the Bureau of Indian Affairs and those who live on the reservation by investigating criminal acts and removing the perpetrators from the community.”

    United States District Court Judge Gordon P. Gallagher sentenced the defendant on December 16, 2024.

    The Federal Bureau of Investigation office in Durango conducted the investigation in conjunction with the Bureau of Indian Affairs. Assistant United States Attorney Jeffrey K. Graves handled the prosecution.

    Case Number: 1:23-cr-00383-GPG-JMC-1

    MIL Security OSI –

  • MIL-OSI: Unaudited Half-Yearly Financial Report

    Source: GlobeNewswire (MIL-OSI)

    FORESIGHT VENTURES VCT PLC
    (FORMERLY THAMES VENTURES VCT 1 PLC)

    Unaudited Half-Yearly Financial Report
    30 September 2024

    FINANCIAL HIGHLIGHTS

    £72.7m
    Total net assets
    as at 30 September 2024

    1.1p
    Dividend paid
    26 July 2024

    42.1p
    NAV per share
    as at 30 September 2024

    CHAIR’S STATEMENT

    “I present the Company’s unaudited Half-Yearly Financial Report for the six months ended 30 September 2024.”

    Post-period activity
    Before discussing the period to 30 September 2024, I would like to welcome our new Shareholders who have been issued shares in the Company as part of the merger with Thames Ventures VCT 2 plc (“TV2”). The merger completed on 15 November following a General Meeting held on 8 November. As part of the merger, the Company has been renamed Foresight Ventures VCT plc, and TV2 has been placed into members’ voluntary liquidation. I am also pleased to welcome Andrew Mackintosh, previously a director of TV2, who has now been appointed to the Board of the Company following completion of the merger.

    The Company’s Net Asset Value (“NAV”) per share has been reset to 100.0p and the merger has resulted in an enlarged company with net assets of £110 million. The Board believes this will bring a number of benefits to the Company, such as greater scale to raise and deploy capital into new and existing portfolio companies, as well as improved liquidity for dividends and buybacks.

    On 15 November, the Company launched an offer for subscription to raise £5 million (with an over-allotment facility of a further £5 million). The promoter’s fee will be waived for applications made by existing shareholders of any Foresight VCT. New investors, who do not benefit as existing investors but who make an application by 20 December 2024, will, however, benefit from the offer costs being reduced by 1.0% of the amount subscribed.

    Net Asset Value and dividends
    As at 30 September 2024, the Company’s NAV per share stood at 42.1p, a decrease of 4.0p (or 8.7%) over the period. After adding back the dividend paid in the period of 1.1p per share, the decrease was 6.3%.

    The Company’s policy is to seek to pay annual dividends of at least 4% of net assets per annum. During the period, on 26 July 2024, the Company paid an interim dividend of 1.1p, taking total dividends paid in respect of the year ended 31 March 2024 up to 2.1p per share, equivalent to 4.1% of the opening net assets of the previous financial year. This took the total dividends paid since the merger with Downing Absolute Income VCT 1 plc, Downing Absolute Income VCT 2 plc, Downing Income VCT plc, Downing Income VCT 3 plc and Downing Income VCT 4 plc in November 2013 to 47.6p per share.

    The Company offers its Shareholders the opportunity to participate in a Dividend Reinvestment Scheme, whereby they may elect to receive shares, credited as fully paid, instead of receiving dividends in cash. If you wish to participate, please contact the registrar, City Partnership, at the details provided on page 30 of the Unaudited Half-Yearly Financial Report.

    Investment performance and portfolio activity
    A detailed analysis of the investment portfolio performance over the period is given in the Investment Adviser’s Review.

    In brief, during the six months under review, the whole portfolio showed investment valuation losses of £9.4 million. Despite this disappointing overall performance, there were some highlights; a total of £2.9 million of proceeds were received from the sale of Data Centre Response Limited, as well as deferred consideration totalling £0.6 million, producing realised gains of £2.2 million. The Investment Adviser also completed two follow-on investments totalling £1.1 million.

    Responsible investing
    The Board notes the commitment of the Investment Adviser, Foresight Group, to being a “Responsible Investor”. Foresight places environmental, social and governance (“ESG”) criteria at the forefront of its business and investment activities in line with best practice and in order to enhance returns for their investors.

    Further detail can be found on page 17 of the Unaudited Half-Yearly Financial Report.

    Special administration of the Company’s custodian of quoted assets
    As previously reported, since September 2020 the Company has used IBP Capital Markets Limited (“IBP”) as custodian for its quoted investments. Appointing a custodian is a requirement of the FCA, and IBP is an FCA authorised and regulated wholesale broker, providing custody services and access to equity and fixed income securities for non-retail clients (which includes the Company).

    On 13 October 2023, the FCA published a supervisory notice under section 55L(3)(a) of the Financial Services and Markets Act 2000, imposing certain restrictions on IBP. On the same date, IBP applied to the High Court and special administrators were appointed.

    As noted in the Annual Report, on 19 July 2024, around 80% of the quoted investment portfolio was returned to the Company, meaning normal management and trading of these positions was resumed. The remaining 20% will be returned following the conclusion of court proceedings, the timing of which is currently anticipated to take place in the second half of 2025, unless additional claims are submitted or the outcome of the court proceedings in terms of a final distribution is any different. The Company will communicate with Shareholders if there is any new information which materially impacts the numbers presented in this report.

    Share buybacks
    The Company continues to operate a policy of buying in its own shares that become available in the market at a 5% discount to NAV (subject to liquidity and regulatory restrictions). Subsequent to the merger, the Board intends to reduce this target discount to 2.5% in future.

    During the period the Company purchased 5,522,581 shares for cancellation at an average discount of 5.0%, which represented 3.1% of shares in issue at the date of the last Annual Report.

    Share buybacks are timed to avoid the Company’s closed periods. Buybacks will generally take place, subject to demand, during the following times of the year:

    • August, after the Annual Report has been published
    • September, prior to the Half-Yearly reporting date of 30 September
    • January, after the Half-Yearly Report has been published
    • March, prior to the end of the financial year

    The Company retains Panmure Liberum as its corporate broker to assist in operating the share buyback process and ensuring that the quoted spread on the Company’s shares remains at a reasonable level. Contact details for Panmure Liberum are on page 30 of the Unaudited Half-Yearly Financial Report.

    Management charges and performance incentive
    The annual management fee is an amount equal to 2.0% of net assets. There is no change to the management fee or secretarial fee post-merger. From 1 October 2024, the Investment Adviser took over responsibility for management of the Quoted Growth portfolio from Downing LLP. The team at Downing LLP continues to advise the Company on the Yield Focused portfolio under a subcontract agreement with Foresight Group LLP.

    A new performance incentive scheme was formally approved by Shareholders as part of the merger on 15 November 2024. This scheme, in brief, means a performance fee would be payable to the Investment Adviser at the end of each performance period, subject to a total return hurdle. The fee would be equal to the lesser of: (i) 20% of distributions attributable to the relevant performance period; or (ii) 20% of the increase in the total return which is higher than the hurdle. The Board believes this new scheme will provide additional motivation for the Investment Adviser to drive enhanced shareholder value.

    Board composition
    As noted in the Annual Report, Chris Kay resigned as a Director of the Company on 6 June 2024. Post period end, Andrew Mackintosh has joined the Board from TV2 subsequent to the merger. Andrew is chair of UKI2S, a government-backed venture capital fund supporting companies from the UK’s scientific research base. He is a Fellow of the Royal Academy of Engineering and was awarded a CBE in the 2024 New Year Honours for services to Science and Technology, and to Enterprise Development, and we are delighted to have him on board.

    The Board now comprises four Non-Executive Directors, which the Board considers to be an appropriate number for the current size of the VCT. All of the Directors are independent of the Investment Adviser, with the exception of Chris Allner who is considered non-independent by virtue of being a partner at Downing LLP, the previous investment adviser to the Company, which still provides some services to our new Investment Adviser.

    VCT sunset clause
    I am pleased to report that new regulations have been made to extend the UK’s VCT scheme by ten years to April 2035, following the European Commission’s confirmation that they would not oppose the continuation of the scheme. This now removes any recent uncertainty and will help support further investment by the VCT sector in early-stage companies.

    Outlook
    At the date of the merger the Company’s NAV per share had increased to 42.6p, as a result of valuation uplifts in the Quoted Growth portfolio, as well as favourable exchange rates on our US investments. With an offer for subscription now out to raise further funds, in addition to the cash boost on acquiring the assets of TV2, and a refreshed performance incentive scheme to greater motivate the Investment Adviser, we look forward to seeing an increase in deployment to enhance the portfolio and returns to Shareholders. Whilst the macroeconomic environment has been challenging for the last two years, the Investment Adviser is cautiously optimistic that 2025 will provide more positive conditions for our portfolio companies. The downward trajectory of inflation and interest rates should lead to increasing confidence and encourage investors to return to the market.

    Atul Devani
    Chair

    20 December 2024

    INVESTMENT ADVISER’S REVIEW

    “We present our Investment Adviser’s Review for the six‑month period ended 30 September 2024.”

    Unquoted Growth
    Portfolio summary
    At 30 September 2024, the Company held total unquoted investments of £44.4 million, split £34.5 million Unquoted Growth and £9.9 million Unquoted Yield Focused. Details of the Unquoted Yield Focused portfolio performance are set out on page 8 of the Unaudited Half-Yearly Financial Report.

    The Unquoted Growth portfolio comprises 29 companies, across a range of sectors. Following a challenging period for the year ended 31 March 2024, with the portfolio unfavourably impacted by the downturn of the UK economy, the six months ended 30 September 2024 has been similarly disappointing, resulting in an overall unrealised investment valuation loss of £2.2 million in the portfolio.

    Investment activity
    There were no new investments made during the period ended 30 September 2024. The Company made follow-on investments in two Unquoted Growth companies during the period, totalling £1.1 million:

    FundingXchange Limited (£750,000), a fintech platform delivering SME lenders insights into their portfolios. This investment was made concurrently with a £5.0 million investment from Barclays as part of a £6.0 million round. This transformational investment will allow the company to build on early commercial success and deepen the strategic and commercial relationship with Barclays.

    Rated People Limited (£375,000), an online marketplace connecting homeowners and local tradespeople. This investment allows the strengthened management team to implement the necessary product and operational changes to enable a return to growth and a cash-generative business model.

    There was one realisation during the period ended 30 September 2024:

    DSTBTD Limited (trading as Distributed) was sold for £1 to ILX Group. No proceeds were returned to the Company, which was a disappointing result for the team, but a favourable outcome to an administration process, which was a real possibility after a proposed funding failed to come together.

    Key portfolio developments
    There were some material write downs in the Unquoted Growth portfolio during the period, and some companies have continued to struggle in the challenging macroeconomic environment. However, there have also been some positive movements in valuation. This has resulted in a net total realised and unrealised investment valuation loss of £3.0 million in the period, including £0.7 million in unrealised foreign exchange losses.

    Of the total investment loss, total losses of £6.5 million were offset by gains of £3.5 million. The most significant movements are noted below.

    The largest gain in value was in Ayar Labs, Inc, a silicon photonic chiplet developer used in next-generation AI data centers of the major hyperscalers and cloud-service providers. The valuation increased by £1.9 million, including foreign exchange losses, as a result of a new funding round.

    Other unrealised valuation gains included:

    Rated People Limited, an online marketplace connecting homeowners and local tradespeople, increased in value by £596,000. This was due to a follow-on funding round enhancing the Company’s share of proceeds on any liquidity event. It is also worth noting that the company is now trading profitably and under new leadership.

    Carbice Corporation, Inc has developed a suite of products based on its carbon material, used primarily as thermal management solutions to enable greater thermal conductivity. The valuation increased by £401,000, including foreign exchange losses, as a result of the recent closure of a funding round that increases the prospect of growth and, ultimately, a positive realisation for investors.

    Four other companies in the Unquoted Growth portfolio made up investment valuation gains of £603,000.

    There were also a number of valuation losses reported in the period. The greatest loss was in Cambridge Touch Technologies Ltd, a company developing pressure sensitive multi-touch technology, which reduced in value by £1.9 million as a result of a challenging funding environment for deep tech companies. As noted above, DSTBTD Limited (trading as Distributed) was sold for £1 to ILX Group during the period. No proceeds were returned to the Company, resulting in a realised loss of £775,000.

    Other investment valuation losses included:

    Vivacity Labs Limited, a provider of Artificial Intelligence sensors to monitor and control traffic flows, was written down to nil value in the period, a decrease in value of £960,000, following a new funding round. The investment round (that we chose not to participate in) generated penal terms for shareholders not participating in the funding round and resulted in the write down.

    Masters of Pie Limited, developer of “Radical”, a software solution that enables remote sharing and collaboration on large data sets, was reduced by £700,000 as a result of a challenging period for the company from a trading perspective. It is hoped that this situation will improve in Q4 2024, albeit the position remains challenging.

    Virtual Class Ltd (trading as Third Space Learning), a platform offering personalised online lessons from specialist tutors, decreased in carrying value by £466,000, driven by significant budgetary pressure experienced by UK schools, a key customer group. It is hoped that early international sales (in the US) will somewhat offset challenges in the UK market.

    Parsable, Inc., a provider of software to improve operational efficiencies in the industrial and manufacturing sectors, has seen a valuation decrease of £460,000, including foreign exchange losses. During the period, an offer to acquire Parsable was received that, whilst at a valuation lower than we expected, was accepted by the Board, and the valuation has been aligned with anticipated proceeds.

    Bulbshare Limited, a company that enables brands to build communities from their existing customers to gather consumer insights, was exited post period end. The valuation was reduced by £371,000 in line with the exit proceeds received.

    Trinny London Limited, a multi-channel female beauty and skincare brand, was reduced in value by £354,000 due to a decline in comparable market valuation multiples. Despite this, the business increased revenue during the period and remains profitable.

    CommerceIQ, Inc., the pioneer in helping brands win on retail e-commerce channels, decreased by £221,000 in the period, including foreign exchange losses. Whilst CommerceIQ’s revenues increased during the period, market valuations for similar businesses declined and, consequently, the valuation fall is a reflection of wider market conditions.

    Four other companies in the Unquoted Growth portfolio made up valuation losses of £340,000. Aside from Vivacity Labs Limited, no other investments were written down to nil during the period.

    Post period end activity
    After the period end, the Company completed two new investments totalling £1.6 million into Dragonfly Technology Solutions Ltd (£600,000), a predictive analytics business, and Alison Technologies Ltd (£978,000), a developer of an innovative AI marketing insights tool. The Company also completed two follow-on investments totalling £1.1 million into Maestro Media Limited (£750,000) and Virtual Class Ltd (£300,000). The Company received £1.1 million in proceeds from the exit of Bulbshare Limited in October.

    At the date of the merger, the Unquoted Growth portfolio had seen positive foreign exchange movements totalling £421,000.

    Outlook
    Whilst the macroeconomic environment has been challenging for the last two years, we are cautiously optimistic that 2025 will provide more positive conditions for our portfolio companies. The downward trajectory of inflation and interest rates should lead to increasing confidence and encourage investors to return to the market. From an exit perspective, the IPO market is unlikely to open up in the short term, but we are seeing signs that PE and trade buyers will be more active in 2025, offering potential liquidity opportunities for portfolio companies.

    In addition to the anticipated improved macro environment, we believe the merger with Thames Ventures VCT 2 plc has created a company well placed for success, with a very clear investment mandate (exclusively investing in private technology businesses) and benefiting from more streamlined company reporting and administration.

    Foresight Group LLP
    20 December 2024

    Yield Focused portfolio
    Downing LLP continues to advise the Company on the Unquoted Yield Focused portfolio under a subcontract from Foresight Group LLP.

    Downing presents a review of the Yield Focused portfolio for the six months ended 30 September 2024. At the period end, the Yield Focused portfolio consisted of seven active investments, all of which are unquoted, with a total value of £9.9 million.

    Divestment activity
    During the period, the focus was on investment realisations from the Yield Focused portfolio, which resulted in proceeds of £2.9 million from the exit of Data Centre Response Limited, a provider of power solutions and maintenance services to data centres. There were no new or follow-on investments.

    Realisations in the period ended 30 September 2024

        Total Cost at date Exit Total
        invested of disposal proceeds return
    Company Detail (£) (£) (£) (£)
    Data Centre Response Limited Full disposal 557,441 557,441 2,916,694 2,916,694

    Key portfolio developments
    The Yield Focused portfolio reduced in value by £113,000 during the period, with one company, Data Centre Response Limited, recognising a gain of £494,000 on exit, as noted above, and four companies recognising unrealised losses of £607,000:

    Pilgrim Trading Limited, an operator and owner of two children’s nurseries in West London, decreased in value by £437,000 after two periods of unsuccessful marketing proved the last independent valuation of the business to be unachievable in current market conditions. Consequently, the independent valuation has now been heavily discounted.

    Kimbolton Lodge Limited, a nursing and care home in Bedfordshire, decreased in value by £67,000 to bring the valuation in line with the anticipated proceeds from a sale process that is currently underway.

    Doneloans Limited, which holds a portfolio of secured loans, decreased in value by £67,000 driven by the cost of its own funding marginally exceeding interest receivable from its borrowers.

    SF Renewables (Solar) Limited, which built and operates a solar plant in India, was reduced by £36,000 in line with the exit proceeds received post period end.

    Outlook
    With one exit during the period and another shortly after period end, there were six investments remaining in the Yield Focused portfolio at the time of writing. Downing is actively seeking to progress exits from both Kimbolton Lodge and Pilgrim Trading, though the latter is currently looking less likely to materialise. Given current market conditions, sales of the higher value, hotel-related investments, Baron House Developments and Cadbury House Holdings, are expected to take some time to complete. The recovery of value from Doneloans is linked largely to the sale of Pilgrim Trading, which is the lender’s largest loan, but additional recoveries are anticipated from other borrowers over the next 12 months.

    Downing LLP and Foresight Group LLP
    20 December 2024

    Quoted Growth portfolio
    For the six months to 30 September 2024, Downing LLP continued to advise the Company on the Quoted Growth portfolio under a subcontract from Foresight Group LLP. From 1 October 2024, Foresight Group LLP took on full responsibility for management of the Quoted Growth portfolio.

    Investment activity
    Markets continued to be volatile through the reporting period. The impending Budget dominated market behaviours, particularly the FTSE AIM Index, where fears over an abolition of IHT reliefs on AIM shares adversely affected the market. In the end, this fear was overcooked, and the FTSE AIM All Share rallied 4% on the day of the Budget, as it was announced that reliefs on AIM shares would remain, albeit at half the relief previously enjoyed. Since the Budget, the new concern has been focused on the impact of National Insurance increases, which have weighed heavily on UK Small and Mid-Cap companies. There is a general acceptance that inflation will still be a looming threat and hence interest rates will remain higher for longer.

    There were no investments or realisations made during the six months to 30 September 2024.

    Key portfolio developments
    At 30 September 2024, the Quoted Growth portfolio was valued at £13.4 million, comprising 36 active investments. Over the six-month period, the portfolio produced net valuation losses of £4.7 million, offset by £3.8 million received in dividends from the portfolio. Two companies, valued at £78,000 at year end, have been written down to nil during the period.

    The most significant loss was incurred in Tracsis plc, a provider of transport technology, which saw valuation losses of £2.4 million during the period due to a profit warning, citing delays on rail infrastructure spend incurred due to the early election. This was exacerbated by contract delays in their US business.

    This was offset by valuation gains elsewhere in the portfolio, where Anpario plc, a specialist manufacturer and distributor of natural sustainable feed additives for animal health, nutrition and biosecurity, increased by £680,000 net of £46,000 dividends received, reflecting an improvement in trading post supply chain issues experienced during the inflationary period post covid.

    A net gain of £615,000 was made in Downing Strategic Micro‑Cap Investment Trust plc, where special dividends of £3.7 million were made during the period, as part of the managed wind-down of the Trust. Since the period end, a further special dividend of 2.2p, equating to £133,000, has been received by the Company.

    Meanwhile Cohort plc, the parent company of six businesses providing a wide range of services and products for British, Portuguese and other international customers in defence and security markets, booked an unrealised gain of £558,000. This mirrored profit upgrades, contract renewals and strong financial results. This momentum has continued post period end.

    As at 17 December 2024, the valuation of the Quoted Growth portfolio had decreased by £226,000 (-1.7%).

    IBP Capital Markets Limited
    As noted in the Annual Report, the Company recovered c.80% of its total Quoted Growth portfolio on 19 July 2024, with the remaining c.20% to be recovered following court proceedings, currently anticipated to take place in the second half of 2025. Up until July, the ability to trade the portfolio continued to be restricted and hence there has been limited ability to manage exposures within the portfolio. The Company is now able to trade its positions, having been unable to do so since October 2023.

    Post-period end activity
    Post period end, ahead of the Budget, shares were sold in 14 of the Company’s Quoted Growth portfolio holdings. Notably, holdings in Anpario plc and Craneware plc were reduced, as well as in Impact Healthcare REIT plc, a non-qualifying holding. As previously communicated to Shareholders, the strategy going forward is to realise the Quoted Growth portfolio over time, which will free up funds to be redeployed into Unquoted Growth holdings.

    Outlook
    A number of the Quoted Growth companies in the portfolio have been consistently overoptimistic about hitting milestones for product development, revenues and ultimately profits. Given competition for capital amongst the wider portfolio of venture capital holdings, Foresight took the difficult decision to reduce a number of these positions. Achieving a total sale of individual holdings has not been possible, given that 20% of the Company’s Quoted Growth assets are still tied up in the custodian IBP Capital Markets Limited (“IBP”), which remains in special measures. While this is frustrating, as it does not allow portfolio management to be conducted across the entire portfolio should changes need to be made, we are able to make them to substantially all of the holdings.

    The Quoted Growth holdings have reduced as a percentage of the Company’s total assets, but we firmly believe that by making these changes we have increased the overall quality and see an encouraging future, despite an uncertain macroeconomic background.

    Downing LLP and Foresight Group LLP
    20 December 2024

    UNAUDITED HALF-YEARLY RESULTS AND RESPONSIBILITIES STATEMENTS

    Principal risks and uncertainties
    The principal risks faced by the Company are as follows:

    • Investment performance
    • Regulatory
    • Operational
    • Economic, political and other external factors

    The Board reported on the principal and emerging risks and uncertainties faced by the Company in the Annual Report and Accounts for the year ended 31 March 2024. A detailed explanation can be found on pages 26 to 28 of the Annual Report and Accounts, which is available on the Investment Adviser’s website www.foresightgroup.eu/products/foresight-ventures-vct-plc or by writing to Foresight Group at The Shard, 32 London Bridge Street, London SE1 9SG.

    In the view of the Board, there have been no changes to the fundamental nature of these risks since the previous report and these principal risks and uncertainties are equally applicable to the remaining six months of the financial year as they were to the six months under review.

    Directors’ responsibility statement
    The Disclosure and Transparency Rules (“DTR”) of the UK Listing Authority require the Directors to confirm their responsibilities in relation to the preparation and publication of the Half-Yearly Financial Report.

    The Directors confirm to the best of their knowledge that:

       a)   The summarised set of financial statements has been prepared in accordance with FRS 104
       b)   The interim management report includes a fair review of the information required by DTR 4.2.7R (indication of important events during the first six months and description of principal risks and uncertainties for the remaining six months of the year)
       c)   The summarised set of financial statements gives a true and fair view of the assets, liabilities, financial position and profit or loss of the Company as required by DTR 4.2.4R
       d)   The interim management report includes a fair review of the information required by DTR 4.2.8R (disclosure of related parties’ transactions and changes therein)

    Going concern
    The Company’s business activities, together with the factors likely to affect its future development, performance and position, are set out in the Strategic Report of the Annual Report. The financial position of the Company, its cash flows, liquidity position and borrowing facilities are described in the Chair’s Statement, Strategic Report and Notes to the Accounts of the 31 March 2024 Annual Report. In addition, the Annual Report includes the Company’s objectives, policies and processes for managing its capital; its financial risk management objectives; details of its financial instruments; and its exposures to credit risk and liquidity risk.

    The Company has adequate financial resources at the period end and holds a diversified portfolio of investments. As a consequence, the Directors believe that the Company is well placed to manage its business risks successfully.

    The Directors have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the half-yearly financial statements.

    The Half-Yearly Financial Report has not been audited nor reviewed by the auditors.

    On behalf of the Board

    Atul Devani
    Chair

    20 December 2024

    UNAUDITED INCOME STATEMENT
    For the six months ended 30 September 2024

      Six months ended
    30 September 2024
    (Unaudited)    		 Six months ended
    30 September 2023
    (Unaudited)    		 Year ended
    31 March 2024
    (Audited)
     
     
      Revenue Capital Total Revenue Capital Total Revenue Capital Total
      £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000
    Realised gains/(losses) on investments — 2,202 2,202 — (5,203) (5,203) — (8,015) (8,015)
    Investment holding (losses)/gains — (10,311) (10,311) — 1,028 1,028 — 3,465 3,465
    Income 4,187 — 4,187 1,065 — 1,065 906 — 906
    Investment management fees (404) (404) (808) (449) (449) (898) (863) (863) (1,726)
    Other expenses (482) — (482) (376) — (376) (1,346) — (1,346)
    Return/(loss) on ordinary activities before taxation 3,301 (8,513) (5,212) 240 (4,624) (4,384) (1,303) (5,413) (6,716)
    Taxation — — — (24) 24 — — — —
    Return/(loss) on ordinary activities after taxation 3,301 (8,513) (5,212) 216 (4,600) (4,384) (1,303) (5,413) (6,716)
    Return/(loss) per share 1.9p (4.8)p (2.9)p 0.1p (2.5)p (2.4)p (0.7)p (3.1)p (3.8)p

    The total columns of this statement are the profit and loss account of the Company and the revenue and capital columns represent supplementary information.

    All revenue and capital items in the above Income Statement are derived from continuing operations. No operations were acquired or discontinued in the period.

    The Company has no recognised gains or losses other than those shown above, therefore no separate statement of total recognised gains and losses has been presented.

    The Company has only one class of business and one reportable segment, the results of which are set out in the Income Statement and Balance Sheet.

    There are no potentially dilutive capital instruments in issue and, therefore, no diluted earnings per share figures are relevant. The basic and diluted earnings per share are, therefore, identical.

    UNAUDITED RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS’ FUNDS
    For the six months ended 30 September 2024

      Called-up Share
    premium    		 Capital redemption Special Capital Revaluation Revenue  
      share capital account reserve reserve reserve reserve reserve Total
      £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000
    As at 1 April 2024 1,775 2,522 71 86,901 (10,791) 6,057 (4,619) 81,916
    Share issues in the period 7 301 — — — — — 308
    Expenses in relation to share issues — (46) — — — — — (46)
    Repurchase of shares (55) — 55 (2,340) — — — (2,340)
    Realised gains on disposal of investments — — — — 2,202 — — 2,202
    Investment holding losses — — — — — (10,311) — (10,311)
    Dividends paid — — — — (1,953) — — (1,953)
    Management fees charged to capital — — — — (404) — — (404)
    Revenue return before taxation for the period — — — — — — 3,301 3,301
    Taxation for the period — — — — — — — —
    As at 30 September 2024 1,727 2,777 126 84,561 (10,946) (4,254) (1,318) 72,673

    Distributable reserves at 30 September 2024 total £51,490,000 (31 March 2024: £58,151,000).

    UNAUDITED BALANCE SHEET
    As at 30 September 2024

    Registered number: 03150868

      As at As at As at
      30 September 30 September 31 March
      2024 2023 2024
      (Unaudited) (Unaudited) (Audited)
      £’000 £’000 £’000
    Fixed assets      
    Investments held at fair value through profit or loss 57,746 65,871 67,393
    Current assets      
    Debtors 8,467 7,393 7,570
    Cash and cash equivalents 7,097 13,580 7,559
    Total current assets 15,564 20,973 15,129
    Creditors      
    Amounts falling due within one year (637) (1,077) (606)
    Net current assets 14,927 19,896 14,523
    Net assets 72,673 85,767 81,916
    Capital and reserves      
    Called-up share capital 1,727 1,770 1,775
    Share premium account 2,777 2,252 2,522
    Capital redemption reserve 126 71 71
    Special reserve 84,561 85,122 86,901
    Capital reserve (10,946) (5,627) (10,791)
    Revaluation reserve (4,254) 3,619 6,057
    Revenue reserve (1,318) (1,440) (4,619)
    Equity shareholders’ funds 72,673 85,767 81,916
    Net Asset Value per share 42.1p 48.5p 46.1p

    UNAUDITED CASH FLOW STATEMENT
    For the six months ended 30 September 2024

      Six months ended Six months ended Year ended
      30 September 30 September 31 March
      2024 2023 2024
      (Unaudited) (Unaudited) (Audited)
      £’000 £’000 £’000
    Cash flow from operating activities      
    Loss on ordinary activities after taxation (5,212) (4,384) (6,716)
    Loss on investments 8,109 4,175 4,550
    Increase in debtors (1,768) (891) (1,134)
    Increase in creditors 59 82 304
    Net cash inflow/(outflow) from operating activities 1,188 (1,018)  (2,996)
    Cash flow from investing activities      
    Purchase of investments (1,125) (2,209) (4,394)
    Net proceeds on sale of investments 2,917 3,295 3,433
    Net proceeds on deferred consideration 543 419 637
    Net cash inflow/(outflow) from investing activities 2,335 1,505 (324)
    Cash flows from financing activities      
    Proceeds of fundraising — 1,586 1,585
    Expenses of fundraising — (7) (7)
    Repurchase of own shares (2,340) (2,270) (2,964)
    Equity dividends paid (1,645) (1,498) (3,017)
    Net cash outflow from financing activities (3,985) (2,189) (4,403)
    Net outflow of cash in the period (462) (1,702) (7,723)
    Reconciliation of net cash flow to movement in net funds      
    Decrease in cash and cash equivalents for the period (462) (1,702) (7,723)
    Net cash and cash equivalents at start of period 7,559 15,282 15,282
    Net cash and cash equivalents at end of period 7,097 13,580 7,559

    Analysis of changes in net debt

      As at
    1 April 2024
    £’000    		 Cash flow
    £’000    		 At 30 September
    2024
    £’000
     
     
    Cash and cash equivalents 7,559 (462) 7,097

    NOTES TO THE UNAUDITED HALF-YEARLY RESULTS
    For the six months ended 30 September 2024

    1
    The Unaudited Half-Yearly Financial Report has been prepared on the basis of the accounting policies set out in the statutory accounts of the Company for the year ended 31 March 2024. Unquoted investments have been valued in accordance with IPEV Valuation Guidelines.

    2
    These are not statutory accounts in accordance with s436 of the Companies Act 2006 and the financial information for the six months ended 30 September 2024 and 30 September 2023 has been neither audited nor formally reviewed. Statutory accounts in respect of the year ended 31 March 2024 have been audited and reported on by the Company’s auditor and delivered to the Registrar of Companies and included the report of the auditor which was unqualified and did not contain a statement under s498(2) or s498(3) of the Companies Act 2006. No statutory accounts in respect of any period after 31 March 2024 have been reported on by the Company’s auditor or delivered to the Registrar of Companies.

    3
    Copies of the Unaudited Half-Yearly Financial Report will be sent to Shareholders via their chosen method and will be available for inspection at the Registered Office of the Company at The Shard, 32 London Bridge Street, London SE1 9SG.

    4 Net Asset Value per share
    The Net Asset Value per share is based on net assets at the end of the period and on the number of shares in issue at the date.

        Number of shares
      Net assets in issue
    30 September 2024 £72,673,000 172,715,260
    30 September 2023 £85,767,000 176,968,887
    31 March 2024 £81,916,000 177,546,529

    5 Return per share
    The weighted average number of shares used to calculate the respective returns are shown in the table below.

      Number of shares
    Six months ended 30 September 2024 176,320,908
    Six months ended 30 September 2023 179,310,912
    Year ended 31 March 2024 178,234,061

    Earnings for the period should not be taken as a guide to the results for the full year.

    6 Income

      Six months ended Six months ended Year ended
      30 September 30 September 31 March
      2024 2023 2024
      £’000 £’000 £’000
    Income from investments      
    Loan stock interest 240 920 424
    Dividend income 3,827 145 415
      4,067 1,065 839
    Other income 120 — 67
      4,187 1,065 906

    7 Investments held at fair value through profit or loss

      Unquoted Growth
    investments
    £’000    		 Unquoted
    Yield Focused
    investments
    £’000    		 Quoted Growth
    investments
    £’000    		 Total
    £’000
     
     
     
    Book cost at 1 April 2024 39,760 13,651 23,241 76,652
    Investment holding losses at 1 April 2024 (3,374) (751) (5,134) (9,259)
    Valuation at 1 April 2024 36,386 12,900 18,107 67,393
    Movements in the period:        
    Purchases 1,125 — — 1,125
    Disposal proceeds — (2,917) — (2,917)
    Realised (losses)/gains on disposals1 (775) 2,360 — 1,585
    Foreign exchange losses (669) — — (669)
    Investment holding losses2 (1,554) (2,473) (4,744) (8,771)
    Valuation at 30 September 2024 34,513 9,870 13,363 57,746
    Book cost at 30 September 2024 40,110 13,094 23,241 76,445
    Investment holding losses at 30 September 2024 (5,597) (3,224) (9,878) (18,699)
    Valuation at 30 September 2024 34,513 9,870 13,363 57,746
    1. Realised gains on investments in the Income Statement include realised gains relating to deferred consideration receipts totalling £617,000 from StorageOS Inc (£419,000), Efundamentals Group Limited (£96,000), Firefly Learning Limited (£74,000), DIA Imaging Analysis Limited (£14,000) and Imagen Limited (£14,000).
    2. Investment holding losses in the Income Statement include unrealised losses which are a result of the deferred consideration debtor decrease of £871,000. The debtor movement reflects the recognition of amounts receivable in respect of DIA Imaging Analysis Limited (£45,000) and Firefly Learning Limited (£8,000), offset by receipts in respect of StorageOS Inc (£419,000), Efundamentals Group Limited (£96,000), Firefly Learning Limited (£74,000), Imagen Limited (£14,000) and DIA Imaging Analysis Limited (£14,000). Amounts were previously recognised as receivable but written down at 30 September 2024 in respect of Efundamentals Group Limited (£295,000), JRNI Limited (£8,000) and Imagen Limited (£4,000).

    8 Contingencies, guarantees and financial commitments
    As outlined in note 17 to the Annual Report and Accounts for the year ended 31 March 2024, the Company has used IBP Capital Markets Limited (“IBP”) as custodian for its quoted investments since September 2020. Appointing a custodian is a requirement of the FCA; IBP is an FCA authorised and regulated wholesale broker, providing custody services and access to equity and fixed income securities for non-retail clients (which includes the Company). On 13 October 2023, the FCA published a supervisory notice under section 55L(3)(a) of the Financial Services and Markets Act 2000, imposing certain restrictions on IBP. On the same date, IBP applied to the High Court and special administrators were appointed.

    During the period since, the Investment Adviser has been actively collaborating with the special administrators to reach a resolution, which has involved reconciling quoted stocks held with IBP (“Custody Assets”) and cash held with IBP (“Client Money”). As at 13 October 2023, the Company held Client Money of £1.1 million (1.2% of indicative NAV on the same date), and Custody Assets of £16.9 million (19.5% of indicative NAV on the same date).

    With regard to Custody Assets, whilst the final outcome remains subject to change, particularly as additional claims may be made, there have so far been two differences of value identified, together totalling a variance of £0.28 million, which was provided for at 31 March 2024. It was announced on 17 May 2024 that the special administrators would be making an interim distribution of 80% of eligible Custody Assets, and the transfer of these to the new custodian completed on 19 July 2024. The Company is now able to trade these assets on the quoted market. The remaining 20% withheld will be distributed as part of a Final Court Approved Distribution Plan, unless additional claims are made resulting in a break.

    With regard to Client Money, a progress report was released on 12 April 2024 which identified a potential 44% cash shortfall equating to £0.46 million of Client Money held by the Company which was provided for at 31 March 2024. Any further deduction for fees relating to the special administration process is unknown at this point, but from the information available these are anticipated to be in the region of £0.14 million payable by the Company. These fees were accrued for as at 31 March 2024 and there has been no further adjustment to this estimate. The total potential exposure based on information available to date is therefore currently estimated to be £0.88 million, representing 1.2% of NAV at 30 September 2024.

    As noted, the outcome remains subject to change with the final distribution plan being shared following the court proceedings. Timing of this is currently anticipated to take place in the second half of 2025. The Company will communicate with Shareholders if there is any new information which materially impacts the numbers presented in this report.

    9 Related party transactions
    No Director has an interest in any contract to which the Company is a party other than their appointment and payment as Directors.

    10 Transactions with the Investment Adviser
    Details of arrangements with Foresight Group LLP are given in the Annual Report and Accounts for the year ended 31 March 2024, in the Directors’ Report and notes 4 and 5. All arrangements and transactions were on an arm’s length basis.

    Foresight Group LLP was appointed as Investment Adviser on 4 July 2022 and earned fees of £808,000 during the period to 30 September 2024 (30 September 2023: £898,000; 31 March 2024: £1,726,000).

    Foresight Group LLP is the Company Secretary (appointed on 1 September 2023) and received, for accounting and company secretarial services, fees of £75,000 during the period to 30 September 2024 (30 September 2023: £80,000; 31 March 2024: £156,000).

    At the balance sheet date there was £nil due to Foresight Group LLP (30 September 2023: £nil; 31 March 2024: £nil).

    11 Post-balance sheet events
    On 5 November 2024, the Company purchased for cancellation 2,197,967 ordinary shares of 1p at a gross price of 42.37p per share.

    On 15 November 2024, the Company merged with Thames Ventures VCT 2 plc (“TV2”). A total of 86,637,164 shares in the Company were issued to TV2 shareholders at the price of 42.629237024071200p per share. Following this allotment, the Company redesignated 147,531,473 of its issued ordinary shares as deferred shares, which were immediately repurchased and cancelled in order to re-base the NAV per share of each of ordinary share to 100.0p.

    A copy of the Unaudited Half-Yearly Financial Report will be submitted to the National Storage Mechanism in accordance with UK Listing Rules (“UKLR”)11.4.1 / UKLR 6.4.1 and UKLR 6.4.3.

    END

    For further information, please contact:

    Company Secretary
    Foresight Group LLP
    Contact: Stephen Thayer Tel: 0203 667 8100

    Investor Relations
    Foresight Group LLP
    Contact: Andrew James Tel: 0203 667 8181

    The MIL Network –

  • MIL-OSI Europe: ASIA/THAILAND – Appointment of the new Director of the Pontifical Mission Societies in Thailand

    Source: Agenzia Fides – MIL OSI

    Friday, 20 December 2024

    Vatican City (Agenzia Fides) – On December 6, 2024, Cardinal Luis Antonio G. Tagle, Pro-Prefect of the Dicastery for Evangelization (Section for the first Evangelization and New Particular Churches), appointed, Father Peter Piyachart Makornkhanp, of the Archdiocese of Bangkok, national director of the Pontifical Mission Societies (PMS) of Thailand for five years.The new director of the Thai PMS is 63 years old and was ordained a priest in 1990. He attended the St. Joseph Seminary in Sempran (1979-1982) and subsequently that of the Holy Family. He obtained a degree in philosophy and religious studies at the Saengtham Institute at the Sampran Campus and a master’s degree from the Pontifical Lateran University in Rome. From 1990 to date he has carried out various ministries, covering the role of parish priest and pastoral assistant in various communities of his Archdiocese, of which he was Vicar General from 2020 to April 2024. Since April 2024 he has worked in the office for the missionary pastoral care of the Archdiocese of Bangkok and is parish priest of the Holy Rosary Church. (EG) (Agenzia Fides, 20/12/2024)
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    MIL OSI Europe News –

  • MIL-OSI Security: U.S. Attorney’s Office and FBI Announce Second Superseding Indictment, Bringing Additional Kidnapping and Assault Charges Against Serial Murderer, Kidnapper, and Sexual Abuser Labar Tsethlikai

    Source: Office of United States Attorneys

    ALBUQUERQUE – Federal prosecutors have filed six additional charges against Labar Tsethlikai for kidnapping and assault with a dangerous weapon.  The additional charges are part of a larger series of violent crimes committed by Tsethlikai against Native American men across New Mexico between 2022 and 2024.  The added charges correspond to 5 additional victims.

    Labar Tsethlikai, 51, an enrolled Member of Zuni Pueblo, now faces a 17-count second superseding indictment charging him with five additional counts of kidnapping and one count of assault with a dangerous weapon as follows:

    • Count 5: Kidnapping of John Doe 3 on or about May 19, 2023, in Indian Country, McKinley County, New Mexico
    • Count 11: Kidnapping of John Doe 6 on or about August 24, 2023, in Indian Country, McKinley County, New Mexico
    • Count 12: Assault with a dangerous weapon (baseball bat) against John Doe 6 on or about August 24, 2023, in Indian Country, McKinley County, New Mexico
    • Count 13: Kidnapping of John Doe 7 on or about September 7, 2023, in Indian Country, McKinley County, New Mexico
    • Count 14: Kidnapping of John Doe 8 on or about September 15, 2023, in Indian Country, McKinley County, New Mexico
    • Count 16: Kidnapping of John Doe 10 on or about April 5, 2024, in Bernalillo County, New Mexico

    In total, the second superseding indictment identifies 11 victims of Tsethlikai.  The investigation is ongoing.

    Tsethlikai was initially charged with second degree murder on April 25, 2024. On July 31, 2024, a federal grand jury charged Tsethlikai in an 11-count superseding indictment with two counts of kidnapping resulting in death, one count of first-degree murder, one count of first-degree felony murder, four counts of kidnapping, one count assault with intent to commit murder, one count of assault resulting in serious bodily injury, and one count of aggravated sexual abuse:

    • Count 1: On October 22, 2022, Tsethlikai allegedly kidnapped and murdered John Doe 1.
    • Count 2: On January 18, 2024, Tsethlikai allegedly murdered John Doe 2 willfully, deliberately, maliciously, and with premeditation.
    • Count 3: On January 18, 2024, Tsethlikai allegedly killed John Doe 2 during the commission of a kidnapping and sexual abuse.
    • Count 4: On January 18, 2024, Tsethlikai allegedly kidnapped John Doe 2 and death resulted.
    • Count 6: On June 15, 2023, Tsethlikai allegedly kidnapped John Doe 4.
    • Count 7: On June 15, 2023, Tsethlikai allegedly assaulted John Doe 4 with the specific intent to commit murder.
    • Count 8: On June 15, 2023, Tsethlikai allegedly assaulted John Doe 4, and the assault resulted in serious bodily injury.
    • Count 9: On July 13, 2023, Tsethlikai kidnapped John Doe 5.
    • Count 10:  On July 13, 2023, Tsethlikai allegedly sexually abused John Doe 5 by force and threats, and the sexual act consisted of contact between the penis of Tsethlikai and the mouth of John Doe 5.
    • Count 15: On February 16, 2024, Tsethlikai allegedly kidnapped John Doe 9 using interstate facilities and instrumentalities.
    • Count 17: On April 11, 2024, Tsethlikai allegedly kidnapped John Doe 11 using interstate facilities and instrumentalities.

    If convicted, Tsethlikai faces a mandatory life sentence or death for the kidnapping resulting in death and first-degree murder charges, up to twenty years imprisonment on the assault with intent to murder charge, up to ten years imprisonment on the assault resulting in serious bodily injury charge, and any number of years up to life for the kidnapping and aggravated sexual abuse charges.

    U.S. Attorney Alexander M.M. Uballez, and Raul Bujanda, Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Gallup Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office, led by Special Agent Mark Stephenson, is investigating this case with assistance from the Albuquerque Police Department’s Homicide Unit, Sex Crimes Unit, and Air Support Unit. Assistant United States Attorneys Matthew J. McGinley and Mark A. Probasco are prosecuting the case, with victim support provided by the FBI’s Victim Services Division, the United States Attorney’s Office Victim Witness Unit, and Utah Navajo Health Systems, Inc., Victim Services. 

    The FBI continues to investigate Tsethlikai’s involvement in crimes against other victims. If you have reason to believe you or someone you know may be a victim, or have information about Tsethlikai, please call the FBI at (505) 889-1300 or submit tips online at tips.fbi.gov.

    Labar Tsethlikai is approximately 5’7” and weighs 180 pounds. He is heavyset, has short brown hair, brown eyes, and wears glasses. He sometimes wears a gold bracelet. He is from Zuni, but travels extensively around New Mexico, including Gallup, Albuquerque, and Santa Fe. He is believed to work in the Native American jewelry industry and may be a Zuni jewely artist.

    This case is part of the Department of Justice’s Missing or Murdered Indigenous Persons (MMIP) Regional Outreach Program, which aims to aid in the prevention and response to missing or murdered Indigenous people through the resolution of MMIP cases and communication, coordination, and collaboration with federal, Tribal, state, and local partners.  The Department views this work as a priority for its law enforcement components.  Through the MMIP Regional Outreach Program, a broad spectrum of stakeholders work together to identify MMIP cases and issues in Tribal communities and develop comprehensive solutions to address them. This prosecution upholds the Department’s mission to the unwavering pursuit of justice on behalf of Indigenous victims and their families.

    # # #

    MIL Security OSI –

  • MIL-OSI Global: Saudi Arabia is a controversial choice to host the World Cup, but the spotlight and scrutiny might spark change

    Source: The Conversation – UK – By Wasim Ahmed, Senior Lecturer in Marketing, University of Hull

    The official announcement that Saudi Arabia would host the 2024 Fifa men’s World Cup came as a surprise to nobody. Hosting rights have been on the country’s geopolitical agenda for many years, and football’s international governing body was more than happy to oblige.

    Both parties have come in for heavy criticism as a result.

    A joint statement from 21 campaign groups, including Amnesty International, accused Fifa of making “empty human rights commitments”. The apparent lack of a competitive bidding process was ridiculed, and concerns were raised about the the potential environmental impact.

    So what was Fifa thinking?

    After all the controversy over the 2022 tournament in Qatar (and Russia in 2018) has it simply doubled down on being impervious to global criticism? Or is it genuinely trying to perform a balancing act which fairly distributes the geopolitical and economic power of football?

    Whatever the underlying reason, Fifa has become well practised at defending itself. It said that for the 2034 tournament, a “comprehensive consultation process” had taken place. Fifa president Gianni Infantino added that he expects Saudi Arabia to deliver “social improvements [and] positive human rights impacts” as “one of the responsibilities of hosting a World Cup”.

    And there is some evidence which actually backs up this stance. It has been suggested for example, that after the intense scrutiny around its hosting of the 2022 World Cup, Qatar’s approach to human rights and the treatment of migrant workers improved.

    It could also be argued that Fifa is opening up the sport to new regions, away from the traditional power bases of football. After all, since the 1930s, Europe has hosted 11 Word Cup tournaments, with five in Latin America. It took until 2002 for Asia to have a turn (in Japan and South Korea), while Africa did not have a host nation until 2010 (South Africa).

    Fifa also likes to position itself as a promoter of global peace and international unity. The appointment of former Arsenal manager Arsene Wenger as chief of global football development was a positive move in this direction. Under his leadership, Fifa has established more consultation processes with fans and national confederations to shape the future of football. It still has a way to go though.

    The world is watching

    Fifa would probably argue that it is accountable and open. After all, it went to the trouble of publishing a bid evaluation report. This endorsed Saudi Arabia’s bid for being “innovative” and “forward looking”, showing strong financial and organisational capacity.

    You can understand the “innovative” element. One of the planned stadiums situated on top of a cliff, promises to be a modern marvel. Another will be built 350m above the ground, at the heart of a newly built city.

    The “forward looking” part may be a stretch for a country where the royal family remains omnipotent, the security services are powerful, and questioning the ruling elite is simply not tolerated.

    Yet sport could also provide an opportunity for Saudi Arabia to change. In recent years, the country has lifted a ban on women drivers, opened up job opportunities, and appointed women to some of the top jobs in government. Women attend football matches, there has been a surge in popularity of female-only gyms, and the country’s gay scene is becoming more visible.

    All of this does not match Saudi Arabia to the standards many in the west are used to, but at least it’s a start.

    Fifa certainly appears to see it this way. Justifying the country’s successful bid, it said: “This is about making decisions based on evidence of how effectively bidders intend to address human rights risks connected with a tournament. It is not about peremptorily excluding countries based on their general human rights context.”

    A league apart?

    And it’s perhaps worth noting that few potential host countries would get a completely clean bill of political or societal health. In 2018, when the US, Canada and Mexico were given joint hosting duties for the 2026 tournament, the first Trump presidency had banned travellers from some Muslim countries from entering the country and was sparking huge concerns over the treatment of migrant families at the Mexican border.

    Similarly, Canada continues to grapple with its long-term mistreatment of the country’s indigenous population.

    In 2024 (so far) across the US and Mexico, there have been more than 45,000 deaths linked to gun violence. That includes dozens of politicians in Mexico, where 163 journalists have been killed since 2000.

    The US, Mexico and Canada are also among the biggest oil and gas producing nations in the world. The US has the second biggest carbon footprint of any country, which will be exacerbated by the 78 matches due to be played there during the 2026 tournament.

    Few questioned the decision to award the three countries hosting rights. So perhaps the inconvenient truth for purists is that no nation is perfectly suited for this role.

    Competing to host major events has become something of a geopolitical tournament in itself, where the prizes on offer include power, prestige and the chance to try and change global perceptions. At the same time, football continues to seek ways to satisfy its hunger for commercial development and revenue growth.

    Amid all of this, the hope must be that the world’s favourite sport manages to be a force for social good – wherever it is played.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Saudi Arabia is a controversial choice to host the World Cup, but the spotlight and scrutiny might spark change – https://theconversation.com/saudi-arabia-is-a-controversial-choice-to-host-the-world-cup-but-the-spotlight-and-scrutiny-might-spark-change-246366

    MIL OSI – Global Reports –

  • MIL-OSI Global: How to detect more antimicrobial resistant bacteria in our waterways

    Source: The Conversation – UK – By Zina Alfahl, Lecturer in Bacteriology, University of Galway

    Antimicrobial resistant superbugs have been found in rivers, lakes and streams worldwide. Freebird7977/Shutterstock

    Antimicrobial resistance (AMR) in waterways presents a critical threat. If commonly used antibiotics are deemed useless, decades of progress in human medicine and agriculture could be undermined.

    By 2050, AMR could cause 10 million deaths annually, according to the UN Environment Programme. But AMR is not just a human health issue. It also contributes to a decline in water quality and is exacerbated by water pollution, particularly from sources such as sewage and agricultural runoff. So, it’s a significant environmental concern with far-reaching implications.

    Addressing AMR in water is challenging because water systems are complex and can carry many different types of resistant bacteria. The lack of efficient, scalable and globally accessible methods to monitor AMR in water makes it difficult to mitigate this growing threat.

    I recently published a review in the Sustainable Microbiology journal that identifies key trends in AMR detection methods and highlights significant gaps.

    Rivers, lakes and wastewater systems around the world act as reservoirs and pathways for resistant superbugs and their genes, allowing AMR to spread across ecosystems, affecting wildlife, agriculture and human populations. River water is the most studied source of water samples, making up 42% of AMR-related research studies. Other water sources, including lakes and wastewater, may also play a key role in spreading resistant genes but, without detailed analysis, will remain misunderstood.

    Most AMR research comes from three countries: the US (17%), China (10%) and Brazil (9%). This shows where the focus is, but many other regions, especially low-income countries, are not well studied. This is concerning because AMR may be even more serious in these areas, yet data is lacking.

    New detection methods are more accurate but more expensive.
    Khomson Satchasataporn/Shutterstock

    To detect AMR, scientists primarily use two advanced molecular methods: polymerase chain reaction (PCR) (used in 57% of studies) and metagenomics (27%), alongside traditional culture-based methods that involve growing bacteria in a lab.

    Culture-based methods are simpler and cheaper than molecular methods but cannot be used onsite. They also can’t detect dead bacteria or hidden resistance genes.

    PCR amplifies specific DNA sequences for detection and can be used to identify specific bacteria. Metagenomics is a technique that analyses all of the genetic material from entire microbial communities within a sample, offering a broader perspective.

    These advanced methods are better at detecting AMR in rivers, lakes and oceans. They can find both known and new types of resistance, making them more useful for thorough monitoring.

    In Brazil, scientists used metagenomics to search for all of the different resistance genes present in waterways in different cities. This technique can detect patterns of resistance that regular tests can’t.

    While these methods are time-consuming and complicated (because they need specialised equipment and trained staff) and can be expensive, costing thousands of euros, they could be used more widely if funding is available. This would help track antibiotic resistance around the world, making it easier to find and fight.

    One Europe-wide study shows that culture methods failed to find all the resistance genes in contaminated river systems in ten countries, while advanced metagenomic techniques were able to identify them. So, molecular tools are crucial for understanding the true extent of AMR.

    My review shows a shift towards molecular techniques as the gold standard for AMR detection. It highlights the inadequacies of traditional culture-based methods and the need for integrated approaches that combine molecular techniques such as PCR (for detecting specific resistance genes) with metagenomics (for broader microbial community analysis).

    For example, wastewater monitoring programs could use PCR to quickly identify key resistance genes in hotspots while employing metagenomics to map the diversity of resistant organisms. This would offer a more balanced approach that optimises cost, efficiency, and accessibility.

    A hybrid approach

    By mapping global research efforts, I identified underrepresented regions such as sub-Saharan Africa and southeast Asia. I also found that certain water sources were underrepresented, particularly rivers in low-income countries. Without more equitable and comprehensive AMR surveillance, those will not be accounted for.

    To make accurate AMR detection more accessible to all, hybrid approaches that combine the comprehensive detection capabilities of molecular methods with the affordability of culture-based methods will be essential.

    Governments around the world must prioritise investments in technologies that are not only scientifically robust but also economically viable, particularly for low- and middle-income countries.

    New methods such as PCR and metagenomics can help us fight the spread of drug resistance. If we can make these methods cheaper and easier to use it could help us manage wastewater better, improve global tracking of drug resistance and make decisions that protect both people and the environment from superbugs.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

    Zina Alfahl 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. How to detect more antimicrobial resistant bacteria in our waterways – https://theconversation.com/how-to-detect-more-antimicrobial-resistant-bacteria-in-our-waterways-246062

    MIL OSI – Global Reports –

  • MIL-OSI Global: Climate, migration and conflict mix to create ‘deadly’ intense tropical storms like Chido

    Source: The Conversation – UK – By Liz Stephens, Professor of Climate Risks and Resilience, University of Reading

    Cyclone Chido was an “intense tropical cyclone”, equivalent to a category 4 hurricane in the Atlantic. It made landfall in Mayotte, a small island lying to the north-west of Madagascar on December 14, generating wind gusts approaching 155mph (250km/hr). Later on, it hit Mozambique, East Africa with the same ferocity.

    This storm skirted north of Madagascar and affected the Comoros archipelago before making landfall in Mozambique. It is well within the range of what is expected for this part of the Indian Ocean. But this region has experienced an increase in the most intense tropical cyclones in recent years. This, alongside its occurrence so early in the season, can be linked to increases in ocean temperatures as a result of climate change.

    News of the effects of tropical cyclone Chido in Mayotte, Mozambique and Malawi continues to emerge. Current estimates suggest 70% of Mayotte’s population have been affected, with over 50,000 homes in Mozambique partially or completely destroyed.

    Ongoing conflict in Mozambique and undocumented migration to Mayotte will have played a key role in the number of deaths and the infrastructure damage.

    Assessing how these cyclones characteristics are changing across southern Africa is part of the research we are involved in. Our team also studies how to build resilience to cyclones where conflict, displacement and migration magnify their effects.

    A human-made disaster?

    The risk that tropical cyclones pose to human life is exacerbated by socioeconomic issues. Migrants on Mayotte, many of whom made perilous journeys to escape conflict in countries such as the Democratic Republic of Congo, now make up more than half of the island’s population.

    Precarious housing and the undocumented status of many residents reportedly made the disaster more deadly, as people feared evacuation would lead them to the police. On islands with poor infrastructure such as Mayotte, there is often simply nowhere safe to go. It takes many days for the power network and drinking water supply to be restored.

    The situation is particularly complex in Mozambique. The ongoing conflict and terrorist violence, coupled with cyclones, including Kenneth in 2019, has caused repeated evacuations and worsening living conditions. Cabo Delgado and Nampula in the far north of Mozambique, the provinces most affected by both Chido and the conflict, rank among the poorest and most densely populated in the country due to limited education, scarce livelihood options and an influx of people displaced by violence.

    As of June 2024, more than half a million people remained without permanent homes in the region, many living in displacement camps. That number is likely to rise significantly after Chido.

    Compounding the crisis, Chido’s landfall so early in the cyclone season meant that the usual technical and financial preparations were not yet fully ramped up, with low stock levels delaying the timely delivery of aid. Unrest following elections in November hampered preparations further, cutting the flow of resources and personnel needed for anticipatory action and early response.

    Tropical cyclones in a warmer world

    Warmer sea surface temperatures not only provide more fuel for stronger storms, but may also expand the regions at risk of tropical cyclones.

    The Indian Ocean is warming faster than the global average, and is experiencing a staggering increase in the proportion of storms reaching the intensity of Chido.

    Climate simulations predict that storms will continue getting stronger as we further warm our world, and could even lead to an unprecedented landfall as far south as the Mozambican capital, Maputo.

    Scientists carry out attribution studies to determine how climate change contributed to specific events. Scientists undertaking rapid attribution studies of Chido have found that the ocean surface temperatures along the path of the storm were 1.1°C warmer than they would have been without climate change. So, temperatures this warm were made more than 50 times more likely by climate change. Another study focusing on Chido itself concluded that the cyclone’s winds were 5% faster due to global heating caused by burning fossil fuels, enough to bump it from a category 3 to a category 4 storm.

    Intense winds are not the only hazard. Scientists are confident that tropical cyclones will dump more rain as a result of climate change. A trend towards slower-moving storms has been observed, causing more of that rain to accumulate in a single location, resulting in floods.

    Cyclone Freddy delivered a year’s worth of rain to southern Malawi in just four days in March 2023. Storm surges, exacerbated by sea level rise, also raise the scale of flooding, as in the devastating Cyclone Idai in March 2019. An increase in the number of storms that rapidly intensify, as Chido did before landfall in Mayotte has also been linked to climate change, which makes it harder to provide early warnings.

    To improve resilience to future cyclones, conflict, migration and social dynamics must be considered alongside climate change, without this, displaced and migrant communities will continue to be the most affected by the risks that climate change poses.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

    Liz Stephens also works for the Red Cross Red Crescent Climate Centre, where she works as the Science Lead. She receives funding from the Foreign, Commonwealth & Development Office (FCDO) and the International Development Research Centre in Canada, as part of the CLARE (CLimate Adaptation and REsilience) research programme. Liz holds advisory positions within the Red Cross Red Crescent Movement, for the European Commission’s Global Flood Awareness System, the Anticipation Hub and the African Risk Capacity

    I work for a university which has interest on publications around disasters and climate change. I am part of a research consortium (REPRESA) funded by IDRC to research cyclones in Southern Africa region

    Dan Green 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. Climate, migration and conflict mix to create ‘deadly’ intense tropical storms like Chido – https://theconversation.com/climate-migration-and-conflict-mix-to-create-deadly-intense-tropical-storms-like-chido-246219

    MIL OSI – Global Reports –

  • MIL-OSI Global: Who chooses to work, and who is forced to, after retirement?

    Source: The Conversation – UK – By Takao Maruyama, Assistant Professor in Business Analytics, University of Bradford

    fizkes/Shutterstock

    The state pension age in the UK is currently 66. Yet 9.5% of people aged 66 and older (1.12 million people) were still working, according to the most recent data from the UK’s Annual Population Survey (July 2023 to June 2024). This figure has been rising over the past decade, increasing from 8.70% (880,000 people) in July 2013 to June 2014.

    We think of retirement as a time to pursue hobbies, relax and enjoy the fruits of our labour. So why then, are so many people still working beyond retirement age, and who are they? This is what we sought to find out in a recent study.

    We investigated who is more likely to “choose to work” and who is “forced to work”, using data from the UK’s annual population survey.

    Older workers are not a homogeneous population. They differ in terms of age, ethnicity, socioeconomic class, financial situation, health conditions and more. Likewise, the reasons for working beyond retirement age vary widely. Some may work because they want to, while others may have no option and feel they have to work in order to make ends meet.

    The below chart shows the breakdown of these retirement-age workers by key demographic and socioeconomic characteristics from the most recent data.

    Three in five retirement-age workers were men, and almost all (94.4%) older workers were white. Just over half (51.5%) of older workers continued to work despite having long-term illnesses.

    Characteristics of workers aged 66 and older:

    Workers aged 66 years and older by demographic and socioeconomic characteristics.
    Author provided, data from Annual Population Survey July 2023 to June 2024, CC BY

    The majority (71.2%) of older workers were married, in a civil partnership or cohabiting. Nearly 40% of older workers were employed in higher managerial, administrative and professional occupations, followed by intermediate occupations such as sales or some service roles (32.1%), and routine manual occupations (25.6%).

    More than 85% of retirement-age workers lived in the south (52.8%) and the north (33.1%) of England, and 70% are homeowners.

    Who is ‘forced’ to work?

    In our study, we calculated the likelihood of pension-age workers (66 years and older) with varying demographic and socioeconomic characteristics being forced to work.

    The Annual Population Survey identifies six main reasons why older workers continue working beyond retirement age. These are:

    A. To pay for desirable items (such as holidays),
    B. Not ready to stop work,
    C. Employer needs your experience or you are needed in the family business,
    D. Due to opportunities to work more flexible hours,
    E. To pay for essential items (such as bills), and
    F. To boost pension pot.

    In our study, we classed reasons (A) to (D) as “choose to work”, and (E) and (F) as “forced to work”. Our analysis, based on the most recent dataset (April 2022 to March 2023) at the time of the study, revealed that women are 25% more likely to be forced to work compared to men, and Asian workers are 120% more likely to be forced to work than white workers (with 34% and 17% more likely for older workers from black and other ethnic backgrounds, respectively).

    Workers without long-term illness are 33% less likely to be forced to work than those with long-term illness, and non-married or single workers are 56% more likely to be forced to work compared to seniors who are married, in a civil partnership or cohabiting.

    Workers in intermediate and routine manual occupations are 37% and 67% more likely to be forced to work, respectively, compared to those in higher managerial occupations. Older workers from the south of England are more likely to be be forced to work compared to seniors from any other parts of the UK, and retirement-age workers with mortgages or renting were 117% more likely to be forced to work compared to those who owned their properties.

    Who is more likely to be ‘forced to work’?:

    % comparison of likelihood of being ‘forced to work’.
    Author provided, data from Annual Population Survey April 2022 to March 2023., CC BY

    Ageing populations

    This matters because of the changing nature of work, the rising cost of living and the UK’s ageing population. Retirement-age workers will be increasingly pressured to work longer due to the rising state pension age (due to increase to 67 in 2026-27).

    Understanding who works by choice and who by necessity into retirement age is important, because these groups will need different kinds of support and resources.

    For example, the higher likelihood of being forced to work among older female workers can be partly attributed to career breaks they took to serve as primary caregivers for their children, which often prevented them from accumulating sufficient pensions.

    As the state pension age is expected to continue rising, it is crucial for policymakers and employers to design support systems for diverse demographic and socioeconomic groups of older workers, addressing their unique needs. This starts with understanding why people are working into old age.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Who chooses to work, and who is forced to, after retirement? – https://theconversation.com/who-chooses-to-work-and-who-is-forced-to-after-retirement-246214

    MIL OSI – Global Reports –

  • MIL-OSI Global: A short history of palm reading in the UK – and a guide to how it’s supposed to work

    Source: The Conversation – UK – By Martha McGill, Historian of Supernatural Beliefs, University of Warwick

    Wikimedia , CC BY

    In August 1676, a court in Hertford heard a case of fraud against Joseph Haynes, James Domingo and Domingo’s “pretended wife” Sarah. The three had been travelling between local towns telling fortunes.

    Apparently, Domingo had promised one woman that she would marry a “pretty tall merry-speaking” farmer’s son with a mole on his chin and a respectable £80 to his name. Haynes, meanwhile, boasted that his divinatory efforts had won him £5, three maidenheads and a broken shin.

    The court’s decision is not recorded, but the case encapsulates the divided opinion of divination in the 17th century. Although commonly condemned by the authorities, fortune-telling was a popular and potentially profitable art.

    We do not know how exactly the three miscreants practised, but most travelling fortune-tellers studied facial features (physiognomy) or read palms (palmistry or chiromancy). The idea that there was occult meaning etched in the body’s marks, lines, features and moles stretches back to antiquity.

    The body’s outer form supposedly reflected the state of the soul. Also, it was believed that the body was intimately entwined with the wider cosmos.

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    In a popular work from the early 16th century, the German physician Heinrich Cornelius Agrippa explained that the body’s appearance and behaviour invited particular “celestial gifts”. Palmistry was the art of interpreting this “harmonical correspondency”.

    However, Christian authorities were largely unimpressed. Theologians dismissed palmistry as superstitious, or argued that it was presumptuous to pry into God’s plan. The Catholic church officially condemned divinatory arts in a papal bull of 1586. The English Protestant minister William Perkins (1558–1602) wrote that palmistry was an “abomination” that was “detested of God, and ought also to be detestable in the eyes of Gods [sic] people”.

    Official mistrust of palmistry was spurred by its association with “Egyptian” fortune-tellers (often shortened to “gypsies”). This label was used for travellers of diverse origins, but especially the Romani diaspora from India.

    Romani travellers first reached central and western Europe in the 15th century and many claimed to have come from Egypt. Ancient Egyptians were famed for their occult wisdom and the association probably helped Romani groups to win credit as fortune-tellers. Nevertheless, they met with widespread persecution.

    A fortune teller reading the palm of a soldier.
    Wellcome Collection, CC BY-NC

    In England, a 1530 parliamentary act officially banished the “outlandish” people “calling themselves Egyptians” who allegedly travelled about the country, swindling people by pretending divinatory prowess.

    All the same, magical practitioners at various social levels continued to offer palm-reading services. And from the 17th century, pamphlets offered guides to interpreting your own hands.

    An anonymous work published in London in 1700 claimed to fully resolve all questions about human life through “the Rules of Art used by the Ancient and Famous Egyptian Magi, or Wise Men and Philosophers”.

    Here I offer some guidance on how you’re supposed to read your palm based on that work. It may contradict itself hopelessly. It may promise you a grisly death. But if the stars are kind, you too could rise by your good deeds and find a spouse lauded for their virtue – or, at least, a merry man with £80 and a nice mole.

    How to read a palm

    Always consult the left hand.

    1: Life line

    Look for the semi-curved line that starts between the thumb and index finger and runs down toward the wrist.

    If this line is long and clear, not broken with little cross-lines, you will be healthy and live to an old age. However, if the uppermost part of the line is forked or jagged, you will often be sick.

    If there are three stars intersecting with the line, you may suffer “great losses and calamities”. If the line intertwines with the table line, you will gain “honour and riches”.

    2: Table line

    Look for a horizontal line on your upper palm that starts near the index or middle finger and runs to beneath the little finger.

    If this line is broad and vivid in colour, you will be healthy and contented. However, if the line is forked at the end, you will gain riches by trickery and soon lose them again. If it branches towards the index or middle finger, you will rise to a prestigious position.

    3: Middle line

    Look for a horizontal line across the middle part of the palm.

    If there are lots of small lines in between this and the table line, you will be sick when you are young but make a recovery. If there is a halfmoon in this line, you will suffer from “cold and watery diseases”, but a sun or a star promises prosperity.

    4: Line of Venus

    Look for an arching line that runs near the base of your middle, ring and little fingers.

    If this line forks near the index finger, you may be ruined by keeping bad company. If there are crosses on this line near the index and little fingers, you are “inclined to a virtuous and modest course of life”. The author claims that wise men employ this method to choose suitable wives.

    5: Liver line

    Look for a vertical line that starts beneath the ring or little finger and runs to the base of the palm.

    If this line is straight, you are of sound judgement. If it is crooked you are deceitful. If this line and the middle line begin near one other, it means foolishness in men and foretells injury by overwork for women.

    6: Plain of Mars

    Plains are flat areas of the palm that can be associated with difference parts of life. The plain of Mars is the centre of your palm.

    If the lines in this plain are crooked, you will fall by your enemies. If you have lines beginning at the middle of your wrist and reaching into the plain of Mars, you will get into lots of fights. If there are large crosses in the plain, you will, if a man, rise by good deeds or, if a woman, have many husbands and children.

    Martha McGill 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. A short history of palm reading in the UK – and a guide to how it’s supposed to work – https://theconversation.com/a-short-history-of-palm-reading-in-the-uk-and-a-guide-to-how-its-supposed-to-work-246276

    MIL OSI – Global Reports –

  • MIL-OSI USA: Disaster Recovery Centers in South Carolina Temporarily Closed for Holidays

    Source: US Federal Emergency Management Agency 2

    Disaster Recovery Centers in South Carolina Temporarily Closed for Holidays

    COLUMBIA, S.C. — Disaster Recovery Centers in South Carolina will temporarily close in observance of the Christmas and New Year holidays. Aiken County, Mt. Zion Missionary Baptist Church, 17519 Atomic Road, Aiken, SC 29803Open Monday-Saturday, 8 a.m. – 7 p.m. through Jan. 7, 2025Holiday Closure: Dec. 22-29, 2024, Jan. 1, 2025.Anderson County, Anderson County Library, 300 N. McDuffie St., Anderson, SC 29621Open Dec. 20-21, 9 a.m.- 5 p.m.Chester County, Gateway Conference Center, 3200 Commerce Drive, Richburg, SC 29729Open Monday-Friday, 8 a.m. – 5 p.m., through Jan. 31, 2025.Holiday Closure: Dec. 22-29, 2024, Jan. 1, 2025. Greenville County, Freetown Community Center, 200 Alice Ave., Greenville, SC 29611Open Monday-Saturday, 8 a.m. – 7 p.m., through Jan. 7, 2025.Holiday Closure: Dec. 24-25, 2024, Jan. 1, 2025.Greenwood County, United Way of Lakelands, 929 Phoenix St., Greenwood, SC 29646Open Monday-Saturday, 8 a.m. – 7 p.m., through Jan. 31, 2025.Holiday Closure:  Dec. 22-29, 2024, Jan. 1, 2025.Spartanburg County, Woodson Community Center, 210 Bomar Ave., Spartanburg, SC 29306Open Monday-Saturday, 8 a.m. – 7 p.m., through Jan. 7, 2025.Holiday closure: Dec. 22-29, 2024, Jan. 1, 2025.To find all the 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 by 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. 
    martyce.allenjr
    Fri, 12/20/2024 – 17:21

    MIL OSI USA News –

  • MIL-OSI Security: USINDOPACOM Commander Travels to Cambodia

    Source: United States INDO PACIFIC COMMAND

    PHNOM PENH, Cambodia  –   PHNOM PENH, Cambodia — Adm. Samuel J. Paparo, commander of U.S. Indo-Pacific Command, traveled to Cambodia, Dec. 18, to strengthen and expand the U.S-Cambodia partnership as the two nations enter the 75th anniversary of bilateral relations.

    He met with senior government and military officials including Cambodian Prime Minister Hun Manet, Secretary of State for the Ministry of Defense Rath Dararoth, and Commander in Chief of the Royal Cambodian Armed Forces Gen. Vong Pisen.

    Paparo, joined by U.S. Chargé d’Affaires to Cambodia Bridgette L. Walker, discussed the recent visit of U.S. Secretary of Defense Lloyd J. Austin, where Austin highlighted confidence-building measures to strengthen U.S.-Cambodia relations and rebuild bilateral defense and security cooperation. They focused on relations being based on the principles of sovereignty, mutual respect and upholding the international rules-based order. Paparo also underscored U.S. commitment to ASEAN-centrality and expressed support for cooperation in the areas of international military education and training; peacekeeping operations; demining and unexploded ordnance removal; and medical medicine.

    Throughout his trip, Paparo expressed appreciation for the U.S.-Cambodian efforts, through the Defense POW/MIA Accounting Agency, to achieve the fullest possible accounting of all missing U.S. personnel in Cambodia and Southeast Asia.

    Paparo also visited the Independence-class littoral combat ship USS Savannah (LCS 28) at Sihanoukville Autonomous Port, where he engaged with Governor of Preah Sihanouk province Mang Sineth and the commander of Ream Naval Base Rear Adm. Mey Dina during a press event and ship tour. USS Savannah’s presence in Sihanoukville marks the first time in approximately eight years that a U.S. Navy ship has visited Cambodia, symbolizing the catalyst for expanding defense exchanges.

    USINDOPACOM is committed to enhancing stability in the Indo-Pacific region by promoting security cooperation, encouraging peaceful development, responding to contingencies, deterring aggression and, when necessary, fighting to win.

    MIL Security OSI –

  • MIL-OSI Security: Wagoner Resident Pleads Guilty to Child Neglect

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Salasha Fae Bosley, age 25, of Wagoner, Oklahoma, entered a guilty plea to two counts of Child Neglect in Indian Country.

    The Indictment alleged that between September 2023 and June 16, 2024, Bosley failed to provide two children with adequate nurturance, affection, food, shelter, sanitation, hygiene, medical care, supervision, and sanitary living conditions while responsible for the health, safety, and welfare of the children.

    The crimes occurred in Wagoner County, within the boundaries of the Cherokee Nation Reservation, in the Eastern District of Oklahoma.

    The charges arose from an investigation by the Wagoner County Sheriff’s Office and the Federal Bureau of Investigation.

    The Honorable D. Edward Snow, U.S. Magistrate Judge in the United States District Court for the Eastern District of Oklahoma, accepted the plea and ordered the completion of a presentence investigation report.

    Assistant U.S. Attorneys Jessica Bove and Caila M. Cleary represented the United States.

    MIL Security OSI –

  • MIL-OSI USA: FDA Roundup: December 20, 2024

    Source: US Department of Health and Human Services – 3

    For Immediate Release:

    Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:

    • Today, the FDA provided answers to a set of FAQs about software functions that may be described as clinical decision support (CDS). The FAQs are intended to help sponsors identify whether their CDS software may or may not meet the definition of a medical device, as described in the FDA’s final guidance for Clinical Decision Support Software. Additionally, the FDA updated the list of authorized Artificial Intelligence and Machine Learning (AI/ML)-Enabled Medical Devices; totaling 1,016. The list is not a comprehensive resource of medical devices that incorporate AI/ML. The devices in this list have met the FDA’s applicable premarket requirements.
    • On Monday, the FDA approved a premarket approval application (PMA) 180-day supplement for the OraQuick Human Immunodeficiency Virus (HIV) Self-Test. This approval represents a labeling change to lower the approved age to individuals who are 14 to 17 years of age and older for the OraQuick HIV Self-Test to provide access to HIV testing to adolescents. The original approval of the OraQuick HIV -Self Test was indicated only for individuals who are 17 years and older.

      This is the first approval for an over-the-counter HIV test in adolescents. Availability will help in the detection of HIV among the adolescent population. 

      The OraQuick HIV Self-Test is a single home-use test to detect antibodies to Human Immunodeficiency Virus Type 1 (HIV-1) and Type 2 (HIV-2) in human oral fluid specimens.  This test kit includes of a test stick (device) to collect the specimen, a test tube (vial) to insert the test stick (device) and complete the test, testing directions, booklet titled, “HIV, Testing and Me”, and access to the OraQuick Support Center to assist users with questions about performing the test, or to connect them with a healthcare provider in their area.

      The OraQuick HIV Self-Test is not intended to be used with specimens other than oral fluid. Individuals should obtain a confirmatory test in a medical setting.

      Complete instructions for use can be found on the FDA’s website here.

    • On Thursday, the FDA Office of Inspections and Investigations published a Viewpoint article titled Partnership in Action: Creating Safeguards for Imported Products Entering the United States in the Pacific Islands by Dan Solis, Assistant Commissioner for Import Operations. The article highlights the FDA’s work in Guam to ensure that imported products entering the U.S. through the Pacific Rim are safe for consumers. The Pacific Rim is a strategically significant location when it comes to ensuring the safety of products bound for consumers in the United States, as a little more than a third of global products coming into our country originate in the Asia-Pacific Region. You can learn more about the FDA’s efforts in the Pacific Islands by listening to OII Podcasts | FDA. The 5-Part series is called, Guam Series: FDA Presence and Impact in Pacific Islands.
    • On Thursday, the FDA updated the outbreak advisory for Salmonella Typhimurium infections linked to cucumbers with additional cases. The FDA’s investigation remains ongoing.
    • On Thursday, the FDA approved Tryngolza (olezarsen), used with diet, to reduce triglycerides (TG) in adults with familial chylomicronemia syndrome (FCS). FCS is a rare, genetic disorder that prevents the body from breaking down fats (TG) in the bloodstream. People with FCS can have TG levels in the thousands. These high TG levels can cause severe abdominal pain, inflammation of the pancreas (acute pancreatitis), and fatty deposits in the skin (xanthomas). Some of these symptoms, specifically acute pancreatitis, can be life-threatening. This is a first-in-class approval, meaning Tryngolza uses a new mechanism of action, or works differently in the body, than other therapies currently used to treat FCS.  The most common adverse reactions were injection site reactions, decreased platelet count, and arthralgia.
    • On Thursday, the FDA re-evaluated its determination from October 2, 2024, on the status of the tirzepatide shortage. The agency issued a new decision determining the tirzepatide injection shortage is resolved. The FDA’s determination is based on its analysis of all the information before the agency.  
    • On Wednesday, the FDA posted the latest video in the FDA In Your Day series. This one focuses on pertussis, also known as whooping cough, and what consumers can do to protect themselves and those around them.
    • On Wednesday, the FDA approved Ryoncil (remestemcel-L-rknd) an allogeneic bone marrow-derived mesenchymal stromal cell (MSC) therapy, for steroid-refractory acute graft versus host disease (SR-aGVHD) in pediatric patients 2 months of age and older. Ryoncil is the first FDA-approved MSC therapy. The most common nonlaboratory adverse reactions (incidence ≥20%) were viral infectious disorders, bacterial infectious disorders, infection – pathogen unspecified, pyrexia, hemorrhage, edema, abdominal pain and hypertension.
    • On Wednesday, the FDA approved Ensacove (ensartinib, Xcovery Holdings, Inc.) for adult patients with anaplastic lymphoma kinase (ALK)-positive locally advanced or metastatic non-small cell lung cancer (NSCLC) who have not previously received an ALK-inhibitor. The most common adverse reactions (≥20%) were rash, musculoskeletal pain, constipation, cough, pruritis, nausea, edema, pyrexia, and fatigue.
    • On Wednesday, the FDA shared our latest testing results for per- and polyfluoroalkyl (PFAS) substances in clams as follow up to the agency’s findings in the 2022 PFAS in seafood survey. Between October 2022 and September 2024, the FDA collected and analyzed 12 samples of processed clams with China as the country of origin. All 12 samples had detectable levels of at least one type of PFAS.
    • On Wednesday, the FDA issued a letter to food manufacturers that Amanita muscaria (A. muscaria), its extracts, and certain of its constituents (muscimol, ibotenic acid, and muscarine) are not authorized for use as ingredients in conventional food. A. muscaria and its constituents have been used in foods intended to have hallucinogenic effects, sometimes marketed as “psychedelic edibles”, “legal psychedelics” or “mushroom edibles”. After reviewing the available information about A. muscaria and its constituents, the FDA concluded that they do not meet the safety standard for use in food and that their use as food ingredients may be harmful. We also recommend that people avoid eating foods with these ingredients. The FDA’s assessment of chemicals in the food supply is part of our commitment to food safety and public health.
    • On Wednesday, the FDA updated the advisory for the outbreak of E. coli illnesses linked to certain sizes and brands of organic whole and baby carrots supplied by Grimmway Farms. According to CDC, as of December 18, 2024, this outbreak is over. The FDA conducted inspections at Grimmway Farms and collected environmental samples. Two environmental samples collected outside were positive for Shiga toxin-producing E. coli (STEC). Although both strains of E. coli detected in the samples are capable of causing human illness, neither match the strain of E. coli causing illnesses in this outbreak. The FDA is working with Grimmway Farms on corrective and preventive actions. The FDA’s investigation is complete.
    • On Tuesday, the FDA and the U.S. Department of Agriculture announced a charter that details how the two agencies work together to determine the appropriate agency to regulate the small number of animal biologicals for which jurisdiction may be unclear. Representatives from the FDA and USDA originally signed a Memorandum of Understanding in 2013 that outlined which animal biologicals each would regulate. Since 2013, science has continued to advance, and the jurisdiction of some products is not clear under the MOU. The charter includes a flowchart to help clarify which agency will regulate a given product, as well as information on how to request a jurisdiction determination from the FDA and USDA for animal biologicals.

    Related Information

    Related Information

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    Boilerplate

    The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, radiation-emitting electronic products, and for regulating tobacco products.

    Inquiries

    Consumer:
    888-INFO-FDA

    MIL OSI USA News –

  • MIL-OSI Europe: Text adopted – Human rights situation in Kyrgyzstan, in particular the case of Temirlan Sultanbekov – P10_TA(2024)0073 – Thursday, 19 December 2024 – Strasbourg

    Source: European Parliament

    The European Parliament,

    –  having regard to its previous resolutions on Kyrgyzstan,

    –  having regard to Rule 150(5) and 136(4) of its Rules of Procedure,

    A.  whereas searches were recently conducted at the headquarters of the Kyrgyzstan Social Democrats party (SDK); whereas ahead of the November 2024 municipal elections, a Bishkek district court ordered the pre-trial detention of SDK leader Temirlan Sultanbekov and other party officials until 13 January 2025; whereas they were arrested on vote-buying allegations, with an audiotape of unknown origin serving as the primary evidence, for which the judicial authorisation is unclear and its connection with the detainees unknown; whereas the SDK demonstrated that payments to campaign staff, as referred to in the recording, were transparent; whereas Mr Sultanbekov began a hunger strike in protest on the day of his arrest and his physical condition has since been seriously deteriorating; whereas the Bishkek Election Commission disqualified the party’s municipal candidates in Bishkek;

    B.  whereas in recent years, democratic standards and human rights in Kyrgyzstan have deteriorated alarmingly;

    C.  whereas independent media, such as Kloop, Temirov Live, Ait Ait Dese and Azattyk, journalists and bloggers continue to face repression; whereas both the judiciary and vigilante violence are increasingly being used to suppress political opponents and civil society critics;

    D.  whereas the Enhanced Partnership and Cooperation Agreement (EPCA) between Kyrgyzstan and the EU is subject to the Parliament consent procedure and requires Kyrgyzstan’s full compliance with its duty to protect human rights and uphold democratic standards;

    1.  Is concerned by the dubious reasons for the detention of Temirlan Sultanbekov and other pro-democracy activists in Kyrgyzstan and the possible political motivation behind the criminal case against them;

    2.  Urges the Kyrgyz authorities to immediately release Mr Sultanbekov and other party officials and adopt alternative measures to detention, while respecting their right to due process in line with the civil and political rights guaranteed under the Kyrgyz constitution and international obligations; calls on the authorities to ensure his safety and well-being;

    3.  Urges the Kyrgyz government to halt its campaign of intimidation and legal persecution against opposition parties, independent media outlets and journalists; is concerned by the adoption of the Russian-style ‘foreign agents’ law; urges the Kyrgyz authorities to drop all charges against human rights defenders, including Makhabat Tazhibek Kyzy, Azamat Ishenbekov, Aktilek Kaparov and Ayke Beishekeeva, journalists from the Temirov Live and Ait Ait Dese channels;

    4.  Calls on the Kyrgyz authorities to respect human rights and uphold democratic standards and fundamental freedoms in line with the EPCA and the Generalised Scheme of Preferences Plus;

    5.  Calls for all EU institutions and bodies, in particular the EU Delegation to Kyrgyzstan, to continue to voice their grave concern over the deterioration of human rights with the Kyrgyz authorities, and to consider other action should the situation deteriorate further;

    6.  Instructs its President to forward this resolution to the Council, the Commission, the VP/HR, the EU Special Representative for Central Asia, the Member States, the UN Human Rights Council and the Kyrgyz authorities.

    MIL OSI Europe News –

  • MIL-OSI Asia-Pac: Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs the Pre-Budget Consultation Meeting with States and UTs (with legislature), in Jaisalmer, Rajasthan, today

    Source: Government of India (2)

    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs the Pre-Budget Consultation Meeting with States and UTs (with legislature), in Jaisalmer, Rajasthan, today

    Union Finance Minister informed that funds devolved to States in 45 months under 15th FC exceed total funds devolved during 60 months under 14th FC (2015-2020)

    Posted On: 20 DEC 2024 10:08PM by PIB Delhi

    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget consultations with Finance Ministers of States and Union Territories (with Legislature) at Jaisalmer, Rajasthan, today.

     

    The meeting was attended by Union Minister of State for Finance Chri Pankaj Chaudhary, Chief Ministers of Goa, Haryana, Jammu and Kashmir, Meghalaya and Odisha; Deputy Chief Ministers of Arunachal Pradesh, Bihar, Madhya Pradesh, Rajasthan and Telangana; Finance Ministers, Ministers, Secretaries of Departments of Economic Affairs and Expenditure, Ministry of Finance and Senior Officers from the States/Union Territories and the Union Government.

    The participants gave several valuable suggestions to the Union Finance Minister for consideration in the Union Budget for F.Y. 2025-26.

    Smt. Sitharaman remarked that because of healthy macroeconomic environment, buoyancy and efficiency in the tax collections, the funds devolved to the States in the last 45 months (April 2021 to December 2024) under the 15thFinance Commission is more than what was devolved in 60 months under the 14thFinance Commission (2015-20).

    The Union Finance Minister also referred to the Scheme for Special Assistance to States for Capital Investment (SASCI), which was first announced in the Union Budget 2020-21, and acknowledged that it has received a very good response from the States. The States have been requesting the Central Government to enhance the outlay under the Scheme as it is leading to construction of crucial capital assets in the States.

    Smt. Sitharaman stated that the Centre has allocated an additional amount of approximately Rs. 30,000 crore as ‘Untied Funds’ under the SASCI-2024-25. This allocation may be used by the State Governments in any sector to further increase expenditure on creation of capital assets.

    In addition to this, the Union Finance Minister stated that the Centre has created an additional dispensation under SASCI for the States affected by disaster of a severe nature as assessed by the Inter-Ministerial Central Team (IMCT), deputed by the Ministry of Home Affairs (MHA). This will aid the States in their efforts for reconstruction of the damaged infrastructure, like roads and bridges, water supply lines, electricity poles, and culverts etc. The States which suffered a natural disaster of severe nature (as assessed by IMCT) in FY 2024-25 may be eligible for upto 50% of their allocation under Part-1 (Untied) of the SASCI scheme. This amount will be in addition to the funds provided under the National Disaster Response and Mitigation Fund (NDRMF), Smt. Sitharaman added.

    Smt. Sitharaman thanked the dignitaries for their valuable inputs and ideas which will be given due consideration in the preparation of budget for the ensuing Financial Year.

    ****

    NB/KMN

    (Release ID: 2086682) Visitor Counter : 40

    MIL OSI Asia Pacific News –