Category: Business

  • MIL-OSI New Zealand: Property Sector – Meet Cotality: CoreLogic Embraces a New Name and Bold Vision for the Future of the Property Industry

    Source: CoreLogic

    CoreLogic to rebrand to Cotality, reflecting the company’s mission to unify property professionals, strengthen industry relationships and drive innovation globally.

    CoreLogic today announced its global rebrand to Cotality, marking the company’s progression to a leader in property information, analytics and data-enabled solutions from its origins in financial services supporting the mortgage industry.

    This rebrand introduces a new name, logo and brand identity that reflect the company’s transformation into an information services provider that is creating a faster, smarter and more people-centric property industry.
    “The property ecosystem underpins the prosperity of individuals, businesses, governments and society as a whole. But at the core, it’s people, businesses and communities that drive it forward. Cotality’s insights build on this, by turning questions into futures you can see,” said Patrick Dodd, President and CEO of Cotality.
    “This rebrand reflects innovation, evolution and commitment to uniting property professionals – strengthening businesses, fostering relationships and powering outcomes that balance logic and data with humanity and emotion. Our name is changing to demonstrate the company’s unmatched dedication and service to clients around the world.”
    The new name, Cotality, reflects the company’s deep commitment to collaboration and connectivity, both internally and externally, while honoring its CoreLogic roots. It also signifies its approach of totality, delivering comprehensive data and insights across the entire property ecosystem and beyond. Tying it all together is the company’s spirit of vitality – placing the idea that helping people thrive is at the center of every insight and workflow.
    “While remaining true to our core DNA, the time is right to launch a refreshed brand that captures our evolution,” said Lisa Claes, CEO of Cotality International, pointing to its significantly expanded capability and customer solution set following a suite of acquisitions, sustained product investment and strengthened industry partnerships.
     Alongside the new Cotality name sits the tagline: Intelligence Beyond BoundsTM. 
    This tagline serves as both a first impression and a powerful expression of the company’s identity. It is an embodiment of the seamless integration of data, technology, artificial intelligence, insights and people that inspire Cotality to collaborate across the entire lifecycle of properties and homeowners.
    “For CoreLogic Australia, New Zealand and UK, Cotality captures our unique position and reinforces to the market that we are part of a global, technology-enabled information services leader, whose solutions truly unlock Intelligence beyond bounds.”
    “Our new name and tagline reflect the essence of who we are and where we’re headed. This transformation is a natural evolution, honoring our roots while embracing a future defined by collaboration, innovation and impact,” said Kristie Vainikos Stegen, Chief Brand and Communications Officer of Cotality. “This isn’t just about a new look; it’s about harnessing the power of data and technology and empowering people – internally and externally – to drive meaningful change globally.”
    Cotality empowers industry professionals across home lending, insurance, real estate and government worldwide. With operations in the United States, Canada, the United Kingdom, Australia, New Zealand, India and Germany, Cotality’s new global brand identity will build on CoreLogic’s trusted legacy to deliver innovation and drive smarter decisions while expanding its global reach.

    MIL OSI New Zealand News

  • MIL-OSI Submissions: African Energy Week (AEW) 2025 to Host National Oil Company (NOC)-International Oil Company (IOC) Forum in Cape Town, Strengthening Public-Private Sector Partnerships in Africa’s Energy Market

    SOURCE: African Energy Chamber

    The inaugural NOC-IOC Forum at African Energy Week 2025: Invest in African Energies will foster collaboration between Africa’s national oil companies and international oil companies to drive investment, enhance capacity building and unlock the continent’s hydrocarbon potential

    CAPE TOWN, South Africa, March 24, 2025/ — This year’s African Energy Week (AEW): Invest in African Energies conference will debut the first-ever National Oil Company (NOC) and International Oil Company (IOC) Forum, a dynamic platform that brings key public and private sector stakeholders into direct conversation to drive investment, secure new deals, foster local capacity building and advance exploration.

    A key focus of the forum will be enhancing collaboration in the exploration, development and production of hydrocarbon resources across the continent, with an emphasis on data sharing and joint decision-making to unlock untapped potential. In South Africa, TotalEnergies is preparing to drill its first exploration well on Block 3B/4B, leveraging 14,000 km of 2D seismic and 10,800 km² of 3D seismic, with a large set of exploration prospects already identified. In Angola, Sonangol is ramping up offshore exploration on Block 6/24, focusing on geological and geophysical studies and seismic data reprocessing to assess the block’s resource potential, which includes a possible commercial oil discovery. Meanwhile, in Equatorial Guinea, GEPetrol has partnered with Panoro Energy on Block EG-23, conducting subsurface studies to evaluate the block’s potential, with the possibility of drilling an exploration well.

    In parallel, new market activity is reshaping Africa’s exploration landscape, as both NOCs and IOCs pursue strategic acquisitions, partnerships and project expansions. Chevron has strengthened its presence in Equatorial Guinea by securing PSCs for two highly prospective offshore blocks. In October 2024, Brazilian NOC Petrobras acquired a 10% stake in the offshore Deep Western Orange Basin in South Africa as part of its strategy to boost reserves and expand its footprint in Africa’s emerging oil and gas markets. Last month, Chinese state-backed company Sinopec signed an $850 million contract with Algerian NOC Sonatrach for exploration and development, securing a PSC covering the Hassi Berkane North license. Sonatrach is also in discussions with Eni, TotalEnergies, Chevron and ExxonMobil for exploration and development activities in the region. The NOC-IOC Forum will provide a key platform to examine these developments, fostering discussions on how public and private sector cooperation can accelerate exploration, attract capital and unlock new resource opportunities.

    The NOC-IOC Forum will also focus on forging new partnerships to drive capacity-building programs and facilitate knowledge-sharing, empowering local talent in the oil and gas sector. The National Petroleum Corporation of Namibia (NAMCOR) has been active in establishing partnerships to support the country’s goal of producing first oil by year-end. This includes a collaboration with QatarEnergy focused on providing training and development opportunities for NAMCOR employees in industry-specific skills. In October 2024, NAMCOR also signed an agreement with global technology company SLB to improve operational performance in decarbonization, green hydrogen and sustainable energy, with an emphasis on local capacity development. Meanwhile, Mozambique’s Empresa Nacional de Hidrocarbonetos is investing in specialized offshore drilling services, reinforcing the state’s involvement in the country’s oil and gas projects through an agreement with Italian multinational oilfield services company Saipem.

    Additionally, the NOC-IOC Forum will facilitate the exchange of insights on regional and global energy regulations, helping participants navigate the evolving energy landscape. In the Republic of Congo, Société Nationale des Pétroles du Congo is working closely with private sector companies and IOCs to gather input for its upcoming Gas Master Plan, as well as developing a new gas code aimed at modernizing the regulatory framework to attract foreign investment. This push for regulatory improvements has driven increased IOC activity in the country, with Eni advancing the second phase of its $5 billion Congo LNG project and TotalEnergies committing $600 million to expand its E&P operations, specifically in the deep offshore Moho Nord Field.

    The NOC-IOC Forum offers a strategic platform for both African NOCs and IOCs to present their exploration strategies, access available acreage and showcase ongoing energy developments. By facilitating direct engagement across sectors, the forum will drive insightful exchanges on sharing data and insights to improve decision-making, optimizing operational efficiencies and unlocking new investment opportunities. These discussions will ensure that partnerships are mutually beneficial, aligning national development goals with commercial objectives while fostering a more integrated and strategic approach to Africa’s energy future.

    “The launch of the first-ever NOC-IOC Forum at AEW 2025 marks a pivotal moment for Africa’s energy sector. By positioning key national and international stakeholders in direct dialogue, the forum aims to drive investment, foster collaboration and empower local talent. This is an exciting opportunity for both NOCs and IOCs to present their strategies, forge new partnerships and contribute to the sustainable development of Africa’s hydrocarbon sector,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    MIL OSI – Submitted News

  • MIL-OSI USA News: More Investment, More Jobs, and More Money in Americans’ Pockets

    Source: The White House

    More Investment, More Jobs, and More Money in Americans’ Pockets

    Today, Hyundai announced a $20 billion investment in the United States — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs. The investment, which builds on Hyundai’s pledge earlier this year to “further localize production in the U.S.,” is the latest success in President Donald J. Trump’s pursuit of a Made in America renaissance.

    It’s further proof that President Trump’s economic agenda is working.

    Hyundai is far from the only automaker planning major investments as President Trump leverages tariffs to remake the U.S. into a global manufacturing powerhouse:

    • Stellantis announced a $5 billion investment in its U.S. manufacturing network — including re-opening an Illinois manufacturing plant — as it pledges to increase domestic vehicle production.
    • Volkswagen is considering shifting production of the high-end Audi and Porsche brands to the U.S.
    • Honda is expected to produce its next-generation Civic hybrid model in Indiana.
    • Nissan is considering moving production from Mexico to the U.S.
    • Rolls-Royce is expected to “ramp up” production in the U.S. by hiring more American workers and expand its U.S.-based operations.
    • Volvo is considering expanding its U.S.-based output.

    It’s not just the auto sector; domestic and foreign companies have pledged trillions in new investments since President Trump took office:

    • Project Stargate, led by Japan-based Softbank and U.S.-based OpenAI and Oracle, announced a $500 billion private investment in U.S.-based artificial intelligence infrastructure.
    • Apple announced a $500 billion investment in U.S. manufacturing and training.
    • Nvidia announced it will invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing.
    • Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
    • Eli Lilly and Company announced a $27 billion investment in domestic manufacturing.
    • United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
    • France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
    • Merck announced it will invest $8 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility.
    • Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
    • GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
    • GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
    • London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
    • Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
    • Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
    • Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
    • Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
    • Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
    • Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
    • India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
    • Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
    • Samsung is considering moving its dryer production from Mexico to South Carolina.
    • LG is considering moving its refrigerator manufacturing from Mexico to Tennessee.
    • Italian spirits group Campari is “assessing the opportunities to expand its production in the U.S.”
    • Essity, a Swedish hygiene product manufacturer, is considering shifting production to the U.S.
    • Taiwan-based Compal Electronics is considering a U.S.-based expansion.
    • Taiwan-based Inventec is expected to expand its manufacturing operations into Texas.
    • LVMH, a French luxury giant, is “seriously considering” an expansion to its U.S.-based production capabilities.
    • Cra-Z-Art, the biggest toymaker in the U.S., said it will move a “large percentage” of its China-based manufacturing back home.
    • Prepac, a Canadian furniture manufacturer, announced it will move production from Canada to the U.S.

    MIL OSI USA News

  • MIL-OSI Canada: Latest Alberta investment – bringing in the dough

    Crust Craft’s new $51-million high-capacity baking facility in Edmonton will serve local and surrounding markets while boosting our province’s agriculture and food manufacturing sectors. This 120,000 to 150,000 square feet facility will create 55 new, permanent jobs and 25 temporary jobs for hard-working Albertans.

    To support this expansion, Alberta’s government will provide $2 million through the Investment and Growth Fund, a deal-closing program designed to attract high-impact, private sector investments to the province. This $2-million provincial investment helped incentivize Crust Craft’s Alberta investment, highlighting a $25.5 return on investment for every provincial dollar invested.

    At a time of great external economic uncertainty, Alberta was competing with a U.S. jurisdiction for Crust Craft’s investment. The Investment and Growth Fund helped close the deal, keeping these jobs and investment right here at home.

    “Alberta’s government is proud to work with Crust Craft to establish its new facility in Edmonton. Crust Craft choosing to expand its business in Alberta is further proof that our investment-friendly policies and programs, like the Investment and Growth Fund, have a significant impact on retaining and attracting business to Alberta. Looking to the future, the opportunities are endless for Alberta and Crust Craft’s partnership.”

    Matt Jones, Minister of Jobs, Economy and Trade

    Crust Craft’s products are helping to grow the province’s agri-processing and food manufacturing sectors while providing a local, high-quality option for customers.

    “Alberta-made bakery products are an attractive option for Canadian retail and hospitality businesses and support interprovincial market diversification. I am pleased that Crust Craft is helping to provide Albertans and Canadians with an Alberta option for their crusts, flatbreads and doughs.”

    RJ Sigurdson, Minister of Agriculture and Irrigation

    “We are thrilled to be growing and expanding this locally owned company in the province where it started 35 years ago. We will be able to provide not only employment opportunities and growth for our people, but also a larger local market for our farming families and vendor partners. Our goal of ‘Bringing Real Bread to Life’ is being realized with this expansion by introducing our brand of Panaji naan breads to even more people.”

    Paul Flesher, president, Crust Craft Inc.

    As an intake partner, Edmonton Global worked closely with Crust Craft and Alberta’s government to help facilitate the Investment and Growth Fund grant for the new facility, which will help grow and diversify Edmonton’s economy.

    “Crust Craft’s expansion demonstrates how the Edmonton region offers the right mix of talent, infrastructure and government support to help businesses scale. The support from the Investment and Growth Fund was instrumental in ensuring that Crust Craft continues to thrive right here in our region. We’re thrilled to see a homegrown company like Crust Craft investing in its future here, creating new jobs and further cementing the Edmonton region as a leader in food manufacturing.”

    Malcolm Bruce, CEO, Edmonton Global 

    Alberta remains the best place in Canada to invest due to its low tax environment, red tape reduction efforts and business-friendly policies. The Alberta government’s efforts are attracting record investment, creating thousands of jobs and further diversifying the economy for many years to come.

    Alberta’s government continues to support the Investment and Growth Fund. If passed, in Budget 2025, the provincial government is investing $45 million over the next three years to expand opportunity and attract investment across Alberta.

    Quick facts

    • Since fall 2021, 13 Investment and Growth grants have been announced that will create more than 1,250 permanent, full-time jobs and more than 1,000 temporary jobs, with a total capital investment of more than $820 million.

    Related information

    • Crust Craft

    MIL OSI Canada News

  • MIL-OSI New Zealand: INVESTOR SUMMIT SPEECH

    Source: New Zealand Government

    Ka nui te mihi kia kotou, kia ora, and good morning everyone. 
    To those of you visiting us from overseas, can I extend a very special welcome to each and every one of you. 
    Welcome to New Zealand, welcome to the best country on planet Earth, and welcome to our stunning Auckland waterfront. 
    And to all those Kiwis I see in the room today, thank you for being here and showcasing some of the extraordinary businesses and talent that exists in our business community. 
    And it was a real pleasure to meet many of you informally last night, and my Ministers and I are really looking forward to spending much more time with you over the next two days. 
    I meant it before when I said this is the best country on planet Earth. 
    Because what makes New Zealand so very special and unique is our Kiwi Spirit which is exemplified in the qualities, character, and attitude of New Zealanders.  
    For us, it‘s about resilience and determination, ingenuity and innovation, adventure and exploration, creativity and practical problem-solving, humility and mateship, fairness, and a deep care for our land and community. 
    It’s no surprise that growing up in New Zealand, our heroes are Kiwi trailblazers and pioneers, people who have dared to push boundaries, challenge the status quo, and leave a lasting mark on the world.
    From our early Māori explorers navigating vast oceans guided by the stars, to modern-day adventurers like Sir Edmund Hillary conquering Everest.   
    To Ernest Rutherford, the father of nuclear physics, who split the atom and revolutionised our understanding of science. To Rocket Lab’s Peter Beck and his groundbreaking developments in rocket technology launching satellites into space. 
    And Kate Shepperd, who secured New Zealand women the right to vote – the very first country in the world to do so. 
    And our phenomenal athletes who show the world what determination and talent can achieve. Or the stunning world of The Lord of the Rings created by one of our most creative storytellers – Peter Jackson.
    We may be a small country, but time and again, we have proven that size is no barrier to greatness. From the peaks of Everest to the frontlines of social progress, from scientific breakthroughs to arts and sporting legends, Kiwis have led the way.
    And we’re living in an age when New Zealand has never been closer to the action – right in the middle of the booming Indo-Pacific with direct connections to Asia and North America. 
    With the weight of global economic activity shifting from the Atlantic to the Pacific and digital connections breaking down barriers, New Zealand has never been closer to the world.  
    But for all our spirit and hard work, we also know New Zealand can’t do it alone. 
    We’re a small country of around five million people like Ireland, Singapore, and Denmark. 
    Just as those countries have prospered by tapping into larger markets, building stronger international connections, and fostering trade and investment, New Zealand needs to do the same. 
    If we want our country to thrive, we need to work even harder to compete on the world stage – and, in particular, to unlock the commercial partnerships that will supercharge the next generation of growth in the New Zealand economy. 
    That means the Government will work more with Industry to deliver much of the infrastructure and projects that will be showcased over the next two days. 
    Many of your organisations will have extensive experience delivering outstanding world-class infrastructure to national and regional governments worldwide.
    I want New Zealand to seize every opportunity to partner with the private sector and deliver a fresh generation of infrastructure investment to unleash economic growth.  
    But it’s not just infrastructure. 
    I want to develop closer ties between outstanding New Zealanders and their companies based here, with investors and organisations based offshore.  
    I also want to unlock more partnerships between indigenous Iwi Māori organisations and commercial investors, whether they are based in Auckland or Abu Dhabi, Dunedin or Denver.  
    I want start-ups based in Christchurch and Hamilton fighting for seed capital in San Francisco and London – winning their share of global influence and success. 
    Breaking perceptions about the New Zealand economy is critical to that. 
    Yes, we have globally competitive dairy, film, and tourist industries, but our space industry is also operating at the cutting edge, ranking fourth in the world for launches behind the US, China, and Russia. 
    Over the next two days, you will hear more about our plan to unleash growth and ensure New Zealand reaches its full potential. 
    We want you to join us on that journey, and we will have several opportunities on display. 
    That will include the opportunity to deliver infrastructure in partnership with the Crown – both in the form of immediate opportunities and the pipeline of projects going forward. 
    It will include working with Iwi Māori organisations to grow their businesses as they make a multigenerational investment in their people. 
    It will include opportunities in a range of specific sectors where we believe New Zealand has a unique role to play and where we expect the Government to focus its efforts on growth. 
    In the very short term, we have made good economic progress in our first year in Government, although there’s still a long way to go. 
    New Zealand is now in the early stages of a cyclical economic recovery, with growth beginning to pick up and unemployment expected to peak around its current rate. 
    Inflation has fallen and now sits comfortably anchored within the Reserve Bank’s target band at 2.2%. 
    Annual tourism expenditure was up 23% last year, and services and manufacturing activity have returned to growth after extended periods of contraction. 
    Business confidence is at around its highest level in a decade. As confidence has risen, retail trade has picked up, and growth is expected to rise, hitting 3% in 2026. 
    So, there’s now cause for optimism in the New Zealand economy that the recovery is underway and better days lie ahead. 
    For policymakers here in New Zealand, that poses an opportunity – not just to watch the economic recovery, but to shape it. 
    Step-changing economic productivity, lifting incomes, creating jobs, and unleashing the investment New Zealand needs to become much more prosperous.  
    Which brings us to today. 
    I know the only way we will raise incomes, lift New Zealanders’ standard of living, and fund the quality public services we rely on is by unlocking more investment, more innovation, and more entrepreneurship.
    Having broken inflation last year, our collective focus has now turned to shaping the economic recovery – ensuring we take every possible step to lift New Zealand’s economic performance. 
    That renewed energy and effort forms the backdrop of this Summit. 
    My Government is working around the clock to make New Zealand an outstanding place to do business. 
    But before I highlight some of those reforms and my economic priorities as Prime Minister, I want to make a more fundamental point about New Zealand as an investment destination. 
    New Zealand has been and will continue to be a poster child for social and political stability in a more volatile and challenging world. 
    That reputation is long-standing, but in challenging times, it has come into sharper focus. 
    We stand up for our values and live by them, too. That means respecting civil liberties, private property and private life, and the democratic and social institutions that underpin them. 
    We consistently advocate for a rules-based international order that allows small countries like New Zealand to thrive. Free trade isn’t just an idea in New Zealand; it’s the bedrock of our prosperity. 
    For farmers and growers living in rural New Zealand, it has allowed a modern economic miracle: the opportunity to not just collectively operate one of the most efficient agricultural sectors in the world but to live in some of the most stunning parts of the world while they do it. 
    Finally, we might disagree sometimes – but we’re not disagreeable. Over the next two days, you will hear from various political leaders.
    You will hear from senior Ministers representing each of the three political parties in our Coalition Government, as well as Barbara Edmonds, the Labour Party’s Opposition Finance Spokesperson.  
    It’s pretty normal in New Zealand for political parties to disagree with each other – often loudly, and sometimes even with my own Coalition colleagues. 
    But I believe the broad political representation that is here demonstrates that most New Zealanders share the same motivations – higher incomes and more financial freedom, quality public services, and a long-standing belief that our best days lie ahead of us. 
    When you look at all the tension, volatility, and strife in the world today, I think that makes us pretty special, and a very attractive destination for anyone looking to take shelter from the global storm. 
    Political stability, however, is not an excuse for a lack of ambition. 
    You should be under no illusions about my commitment to the Government’s growth agenda and the reforms we are pushing through to unleash investment in the New Zealand economy. 
    Last month, Minister for Economic Growth Nicola Willis published our Government’s Going for Growth Agenda – we have copies for you here – which outlines a range of actions we are taking to get the New Zealand economy moving and realising its vast potential. 
    Each of those actions fits into one of five pillars we have identified as critical to lifting economic growth and improving New Zealanders’ standard of living:

    Developing talent,
    Encouraging innovation, science, and technology,
    Introducing competitive business settings,
    Promoting global trade and investment,
    And delivering infrastructure for growth. 

    Across each of those pillars, we have Ministers from across the Government working day and night to drive through reform – in transport,  tourism, aquaculture, construction, advanced aviation, mining, energy, agriculture, and horticulture. 
    Over the next two days, you will hear much more about our work programme in those areas that will play a critical role in the next phase of New Zealand’s growth story – with more information on a series of specific investable propositions available in the private sector. 
    Among that reform programme are some significant changes designed to achieve a profound step change in the New Zealand economy that I would like to touch on today. 
    For a start, we are clearing away decades of broken planning law – brick by brick. 
    We have introduced the Fast Track regime, which streamlines the consenting process for projects that are regionally and nationally significant. 
    In short, instead of seeking different permissions under different laws, under Fast Track, it’s all done in one place, with a faster process and fewer hurdles to getting underway. 
    That regime is now up and running, and I know a number of projects have already submitted applications since it became operational last month. 
    In short, if you want to build a wind farm, a highway, a quarry, hundreds of new homes, or any other regionally or nationally significant projects, we are busting down the doors to make it happen faster and cheaper. 
    149 projects have already been listed in legislation, but nothing prevents new projects from applying for referral into the scheme. 
    And it doesn’t stop with Fast Track. 
    Further planning reforms are also on the way, including a total replacement of the Resource Management Act. 
    We are also eliminating the barriers to more significant investment in energy and generation to unleash abundant, affordable energy. 
    The impact of unaffordable and unreliable energy on economic growth has been brought into the spotlight in recent years following the Russian invasion of Ukraine. 
    Industries in Europe that had historically relied on access to low-cost natural gas came under tremendous strain, putting pressure on growth and household incomes. 
    In New Zealand, we are lucky that 85% of electricity generation is already renewable, thanks to decades of investment in hydro, wind, solar, and geothermal.  
    But we can’t risk falling short in the years to come. So, as a Government, we are tearing down the barriers to fresh energy investment. That means introducing more permissive rules for renewables.
    But it also means ending restrictions on offshore oil and gas exploration – and providing certainty for market participants by confidently saying that gas has to be part of New Zealand’s energy mix going forward.  
    At the same time, we are making it easier to invest in New Zealand from offshore.  
    That started last year, with fresh directives to our Overseas Investment Office, which slashed processing times and made applications more predictable. 
    Today, an application for offshore investment is approved within 18 days on average, compared to 28 days prior to those changes.
    And two weeks ago, we announced upcoming changes to legislation designed to further improve the timeliness and reliability of our overseas investment regime. 
    We also announced just last month that, from April 1 this year, individuals who invest at least $5 million in New Zealand will be eligible for an Active Investor Visa, with a pathway to residency after three years. 
    I know that for many of you from offshore in this room, that will be positive news. But as a New Zealander, I have to say it’s an even bigger deal for the sharp, ambitious Kiwis here and all around the country, who are hungry for capital and hungry to grow. 
    We know the impact foreign investment has on local businesses. It’s not just the capital investment; it’s the skills, connections, and linkages into new markets. 
    That translates into higher wages, more jobs, more money in Kiwi wallets, and more resilient businesses that make an even greater contribution in the community. 
    We need more of it, especially for a small country hungry to grow like New Zealand, which is why I have invited many of you here today. 
    I believe New Zealand’s best days are ahead of us—and we can make them happen if we get serious about partnering with commercial expertise to solve some of our biggest economic challenges and seize on the huge economic opportunities ahead of us. 
    Helping to end New Zealand’s infrastructure deficit through private sector partnership.
    Fattening out our capital markets and opening up new sectors for growth.
    Strengthening our connections to the world, enhancing technology, lifting productivity, and opening new markets for our products and services. 
    Over the next two days, you will hear from a range of leaders—cabinet Ministers, business leaders, and Iwi Māori leaders—who I know are committed to responding to our challenges and opportunities. 
    There will also be plenty of time across both days for closer interactions and to discuss the opportunities and challenges that you are confronting in your own businesses. 
    While you’re here, please also enjoy our hospitality and culture. We’re not just here to do business—we’re here to build relationships and make the case for New Zealand as an outstanding country to invest in, to visit, and to establish roots in. 
    So once again, and on behalf of the New Zealand Government and the New Zealand people, welcome to this year’s Summit. 
    I’m excited to get stuck in – and I can’t wait to hear more from you over the next two days about your approach to business and the difference you could make for growth, investment, jobs, and opportunity for us here in New Zealand. 
    Thank you. 

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Economy – Report calls for collective action to improve access to bank accounts – Reserve Bank

    Source: Reserve Bank of New Zealand

    25 March 2025 – New research commissioned by the Reserve Bank of New Zealand – Te Pūtea Matua has highlighted barriers that can prevent some New Zealanders from opening bank accounts.

    The research, titled First steps to financial inclusion, was conducted by ThinkPlace New Zealand and explored opening bank accounts from the perspective of frontline bank staff and customers. It found that certain groups were reported to be most likely to find it difficult to open a bank account, including recent migrants, rural communities, the elderly, people with disabilities, and trusts (including Māori trusts).

    “Financial inclusion empowers people to manage money, build confidence, and engage in the economy. Addressing barriers to financial participation is a strategic priority aligned with our modernised legislation,” says Assistant Governor Simone Robbers.

    Frontline banking staff play a key role in helping customers open accounts, but some participants reported that they are not able to open accounts for some people. From a survey of 722 frontline staff, a third of frontline staff said that they had not been able to open an account for someone often (on a monthly basis) or very often (on a weekly basis). Some of these cases may be temporary while others may be long term.

    The most common barriers reported by participating staff include lack of proof of address, complex paperwork, lack of photo identification, language barriers and lack of access to a bank branch.

    Other findings:

    Risk appetite: 76% of participating staff noted being encouraged to take a cautious or very cautious approach to onboarding.
    Awareness: 60% of frontline staff reported that their employer had policies in place to support flexibility and exceptions for onboarding customers, 40% of frontline staff reported that their employer did not have such policies in place, or they were not sure.
    Staff training: Nearly half participating frontline staff said they were trained on how to apply flexibility in the onboarding process, while 31% said they had not been trained and 15% were not sure.

    The research also highlighted existing practices that support financial inclusion, such as extra care teams, customer education, policy changes, and both digital and in-person onboarding.

    “This research provides a snapshot of the onboarding experience in Aotearoa New Zealand and outlines the shifts needed to promote efficient and inclusive access to bank accounts,” Ms Robbers says.

    While the research fills some gaps in understanding access to bank accounts, they also highlight the need for further research (for example, on the annual number of declined bank account applications). The insights from this report will help to inform our upcoming initiatives, including on Financial Inclusion Indicators, Māori Access to Capital, and our work with the Council of Financial Regulators on basic transaction accounts.

    “The Reserve Bank remains committed to working with banks, regulators, and community groups to remove barriers and promote financial inclusion for all New Zealanders,” Ms Robbers says.

    More information

    Read the full report  : https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=02dd182a11&e=f3c68946f8

    MIL OSI New Zealand News

  • MIL-OSI USA: Reed: Shame on Trump Admin. for Threatening to Shut Down SSA & Denigrating Seniors Who Rely on Social Security

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed
    PROVIDENCE, RI – Arbitrary mass-firings, field office closings, and deep staff cuts at the Social Security Administration (SSA) threaten the agency’s capacity to deliver for seniors and Americans with disabilities.  This week, President Trump’s hand-picked temporary SSA boss threatened to shut down the entire agency over an unfavorable court ruling.  Such an irresponsible move would jeopardize the delivery of monthly Social Security payments to millions of Americans.  Yesterday, President Trump’s billionaire Secretary of Commerce Howard Lutnick went on a podcast hosted by fellow billionaires and doubled down on this threat and declared his 94-year old mother-in-law wouldn’t complain if her Social Security check didn’t arrive; only “fraudsters” would miss monthly Social Security payments; and people wouldn’t mind if the U.S. government stopped sending out Social Security checks for a month.
    In response, U.S. Senator Jack Reed stated:
    “I hope Secretary Lutnick washes his feet frequently because he seems to stick them in his mouth quite a bit.
    “Trump’s cabinet is shamefully out of touch and clearly does not care about everyday Americans.  President Trump and his billionaire golfing buddies have no use for Social Security.  Their Project 2025 manifesto makes clear their intention to eliminate America’s social safety net in order to give themselves a bigger tax break.
    “Americans pay into Social Security rightfully expecting it to deliver when they need it.  Missing a check could mean missing the rent, missing a prescription, or going hungry.  These folks don’t deserve to be denigrated by the Trump Administration and lumped in with ‘fraudsters.’
    “Secretary Lutnick’s message is ‘don’t complain when the payments stop or it means you’re a fraud.’  First of all, there is no reason Social Security payments should be halted.  Second, if they are, Americans have every right to complain and damn well should.  And third, if the Trump Administration follows through with threats to shut Social Security down and stop people’s payments then they will be the ones investigated for fraudulent activity and more.
    “If people aren’t getting their checks on time or if they can’t get through to someone at SSA who can assist, President Trump and his team are to blame and must be held accountable.  Instead of shaming seniors, this Administration should be ashamed of itself.”
    According to SSA data, over 7 million Americans 65 and older receive at least 90 percent of their income from Social Security.
    Unelected billionaire Elon Musk, who heads up Trump’s so-called DOGE office claims there is “massive” fraud in the Social Security payment system and that it is an illegal “Ponzi scheme.”   Lee Dudek, who Trump named as acting commissioner of the SSA, said this week that around $100 million is lost each year in direct deposit fraud, which would make up about 0.006 percent of the total sum paid out each year.

    MIL OSI USA News

  • MIL-OSI USA: Reed: Trump Slashing SBA, Decimating Service and Oversight, & Shifting New Student Loan Portfolio onto Agency is Another Economic Blow to Main Street and Taxpayers

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed
    PROVIDENCE, RI – After the Trump Administration announced plans to slash 43 percent of the U.S. Small Business Administration’s (SBA) workforce while also reducing SBA capabilities and shifting management of the federal government’s student loan portfolio from the U.S. Department of Education to the SBA, U.S. Senator Jack Reed (D-RI) denounced the move as irresponsible and harmful to small businesses, students, and taxpayers alike.
    “Small businesses are a big part of our economy and we should be helping them innovate, grow, and thrive,” said Senator Reed, the Ranking Member of the Senate Appropriations Financial Services and General Government (FSGG) Subcommittee, which oversees funding for the SBA.  “Instead of cutting red tape, President Trump is piling on new bureaucratic challenges and decimating customer service capabilities of federal agencies.  He is eliminating key SBA resources and staff that help small businesses access capital and create jobs while at the same time trying to tack on new student loan mandates.  His chaotic tariff taxes are already raising costs for entrepreneurs, and these latest SBA cuts will add more financial pressure and uncertainty for many small businesses.”
    “President Trump’s irresponsible decision to downsize the SBA and saddle it with overseeing a massive $1.6 trillion student loan portfolio of over 40 million-plus Americans makes zero sense. The intent to transfer these loans flies in the face of both education and appropriations law.  It would sow chaos and confusion, burden borrowers, and needlessly cost taxpayers.  If people don’t know where to turn or can’t get the expert help they need from the proper federal agency then it could lead to a spike in loan defaults,” said Reed, noting President Trump can’t legally transfer management of the loan portfolio to the SBA without Congressional authorization.
    Reed continued: “Putting the financial interests of students and small businesses at risk is a screwup by the Trump Administration.  I expect these cynical ploys will be challenged in court.  And I will work with my colleagues in Congress to uphold the law, support small businesses, and ensure that student borrowers can get the loan servicing and protections they need.”
    Reed says Congressional authorization is needed in order to legally transfer management of the extensive student loan portfolio from the U.S. Department of Education to the SBA.
    Created by Congress in 1953, the SBA helps American entrepreneurs nationwide start, build, and grow businesses. The SBA is a key partner for Rhode Island small businesses, offering a variety of services that small businesses can leverage, including:
    Financing: SBA offers a range of loans, grants, and other funding programs to eligible businesses.
    Education and training: SBA offers educational programs and counseling to help small business owners start and grow their businesses.
    Disaster assistance: When disaster strikes, SBA provides critical assistance to businesses, homeowners, and renters.
    Government contracting: SBA helps small businesses compete and win government contracts.
    Policy advocacy: SBA works with Congress and local governments to ensure small business input is heard in policy matters.
    Support underserved businesses: SBA helps level the playing field for veteran, women, and minority small business owners.

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Wedding Tourism

    Source: Government of India (2)

    Posted On: 24 MAR 2025 4:05PM by PIB Delhi

    Development and promotion of tourist destinations and products, including wedding tourism is undertaken by the respective State Government/Union Territory Administration. The Ministry complements the efforts of States/UTs by promoting various tourism products of the country, including wedding tourism through various initiatives.

    The Ministry of Tourism launched a promotional campaign “India says I do” which aims at showcasing India as a premier wedding destination on the global stage. The campaign aims to leverage digital marketing, website, social media campaigns, influencers, offline and online activations.

    The Ministry of Tourism in collaboration with Department of Tourism, Government of Rajasthan and Federation of Indian Chambers of Commerce and Industry (FICCI) organized the ‘Wed in India’ expo alongside the Great India Travel Bazaar at Jaipur on 5thMay 2024. The event was attended by wedding planners from India and abroad, State Governments, media, international and domestic tour operators and event management companies.

    Registration of marriages is dealt by the local administrations in various States and Union Territories.

    This information was given by Union Minister for Tourism and Culture Shri Gajendra Singh Shekhawat in a written reply in Lok Sabha today.

    ***

     

    Sunil Kumar Tiwari

    tourism4pib[at]gmail[dot]com

    (Release ID: 2114406) Visitor Counter : 76

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Incredible India Content Hub

    Source: Government of India (2)

    Posted On: 24 MAR 2025 4:04PM by PIB Delhi

    Development and promotion of tourist destinations and products, including religious tourism is undertaken by the respective State Government/UT Administration. The Ministry of Tourism complements the efforts of States/UTs by developing and promoting various tourism products of the country through various schemes and initiatives.

    Ministry of Tourism works closely with Ministry of Road Transport and Ministry of Civil Aviation for improving road and air connectivity to tourist destinations. Under RCS UDAN, Ministry of Tourism collaborated with Ministry of Civil Aviation and shared the Viability Gap Funding (VGF) amount for 53 tourism routes identified.

    In order to attract foreign investment in the tourism sector, 100% Foreign Direct Investment (FDI) is allowed under the automatic route in the tourism and hospitality industry in India, subject to applicable regulations and laws. 100% FDI is allowed in tourism construction projects, including the development of hotels, resorts and recreational facilities.

    To give fillip to private investment in tourism, three-star or higher category classified hotels located outside cities with population of more than 1 million, ropeways & cable cars and Exhibition-cum-Convention Centre Projects with minimum built-up floor area of 100,000 square metres of exclusively exhibition space or convention space or both combined, have been included in the Harmonized Master List of infrastructure sub-sectors.

    Further in Union Budget 2025-26, an announcement for inclusion of hotels located in the top 50 tourist destination sites in the country, identified for development in challenge mode, in the Harmonized Master List of infrastructure sub-sectors.

    The Ministry has launched the revamped version of Incredible India Digital Platform (IIDP) on September 27, 2024 as a comprehensive resource for travellers and stakeholders interested in exploring the country’s rich cultural heritage, natural beauty, and diverse attractions. One of the new feature of the IIDP is the Incredible India Content Hub – a comprehensive digital repository, featuring rich collection of high-quality images, films, brochures, and newsletters related to tourism in India. This repository is intended for the use of a diverse range of stakeholders, including tour operators, journalists, students, researchers, film makers, authors, influencers, content creators, government officials, and ambassadors. The IIDP uses an AI-powered tool that personalizes visitor experiences by offering real-time weather updates, city exploration, and essential travel services. The portal has also partnered with several OTAs (Online Travel Agents) and Stakeholders for seamless booking of flights, hotels, cabs, and buses and tickets for ASI monuments.

    This information was given by Union Minister for Tourism and Culture Shri Gajendra Singh Shekhawat in a written reply in Lok Sabha today.

    ***

    Sunil Kumar Tiwari

    tourism4pib[at]gmail[dot]com

    (Release ID: 2114402) Visitor Counter : 59

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Measures to Curb Air Pollution in Tourism Industry

    Source: Government of India (2)

    Posted On: 24 MAR 2025 4:03PM by PIB Delhi

    As informed by the Ministry of Environment, Forest and Climate Change, Air pollution in Delhi is a collective result of multiple factors including high level of anthropogenic activities in the high-density populated areas in NCR, arising from various sectors viz. Vehicular Pollution, Industrial Pollution, Dust from Construction & Demolition Project activities, Road and Open Areas Dust, Biomass Burning, Municipal Solid Waste burning, Fires in Landfills, air pollution from dispersed sources, etc.

    During post-monsoon and winter months, lower temperature, lower mixing heights, inversion conditions and stagnant winds lead to trapping of the pollutants resulting in high pollution in the region. This is further aggravated due to the emissions from episodic events like firecrackers and stubble burning in NCR States.

    Air Quality Index is a tool for effective communication of air quality status to people in terms, which are easy to understand. It transforms complex air quality data of various pollutants into a single number (index value), nomenclature and colour.

    The web-based system is designed to provide AQI on real time basis. It is an automated system that captures data from continuous monitoring stations without human intervention, and displays AQI based on running average values. For manual monitoring stations, an AQI calculator is developed wherein data can be fed manually to get AQI value.

    The AQI values ranges from 0 to 500. There are six AQI categories, namely Good, Satisfactory, Moderately polluted, Poor, Very Poor, and Severe which are mentioned below:

    AQI Categories

    AQI value

    Good

    0–50

    Satisfactory

    51-100

    Moderate

    101-200

    Poor

    201-300

    Very Poor

    301-400

    Severe

    >400

    Various initiatives have been taken for control of pollution from different sources (transport, C&D activities, industries etc.) in Delhi-NCR, which has resulted in overall improvement in air quality. However, effectiveness of each of these actions can’t be evaluated in absolute terms as meteorological parameters like wind speed and mixing height which are variable factors also play crucial role in governing overall air quality.  Various measures taken by the Government to reduce Air Pollution in Delhi-NCR from different sources, are enclosed as Annexure-I.

    Due to the concerted efforts made by all stakeholders, gradual improvement has been observed in Delhi air quality. The number of days of Good-Moderate Air Quality Index (AQI) categories has increased to more than 200 for consecutive two years i.e. 2023 and 2024 in comparison of 110 days in 2016. Further, 2024 has recorded maximum number of days (209) in Good-Moderate AQI categories since 2016, except for COVID year 2020. The details of AQI of Delhi from 2016-2024 are enclosed as Annexure-II.

    This information was given by Union Minister for Tourism and Culture Shri Gajendra Singh Shekhawat in a written reply in Lok Sabha today.

    ***

    Sunil Kumar Tiwari

    tourism4pib[at]gmail[dot]com

    ANNEXURE-I

    Steps taken by the Government for abatement of Air Pollution in Delhi NCR:

    1. National Clean Air Programme:
    • National Clean Air Programme (NCAP) has been launched by Ministry of Environment, Forest and Climate Change (MoEFCC) in January 2019 with an aim to improve air quality in 130 cities (non-attainment cities and Million Plus Cities) in 24 States by engaging all stakeholders.
    • There are total 06 Non-attainment cites (NACs) in Delhi NCR, out of which 03 cities – Delhi, Alwar and Noida are funded under National Clean Air Programme (NCAP) and 03 cities- Ghaziabad, Meerut and Faridabad are funded under Fifteenth Finance Commission (XV-FC).
    • City Action Plans for improvement in air quality have been rolled out for implementation in all the 06 identified cities in Delhi NCR.
    1. Regulatory Actions in Delhi-NCR:
    • Graded Response Action Plan (GRAP) was formulated for Delhi-NCR to tackle the issue of sudden rise in air pollution levels. The revised GRAP was published by CAQM in December 2024 and further directions were issued for its implementation. Actions listed for different AQI levels under GRAP are invoked from time to time by a sub-committee constituted by CAQM.
    • For air pollution abatement and control in Delhi / NCR, the Commission for Air Quality Management in NCR and Adjoining Areas has devised a comprehensive policy for air pollution abatement in NCR in July 2022, stipulating sector-specific action points quantifying targets along with timelines and implementation plan by various agencies in NCR States. The policy framework details sector-wise interventions, quantified targets and timelines for various sectors contributing to air pollution.
    • Directions prescribing measures for control of pollution from various sources such as implementation of RECD system/ dual fuel kits in DG sets, use of cleaner fuels in industries, shift to EV/ CNG/ BS VI diesel fuel in transport sector, implementation of dust control measures at C&D sites etc., have been issued by CAQM. Further, policy to curb air pollution in NCR has also been formulated.
    1. Measures for control of emissions from Stubble Burning in Delhi-NCR:
    • Ministry of Agriculture & Farmers Welfare (MoA&FW) in 2018 launched scheme for providing subsidy for purchase of crop residue management machinery and establishment of custom hiring centres (CHCs) in NCT of Delhi and the States of Punjab, Haryana and Uttar Pradesh for in-situ management of paddy straw. During the period from 2018-19 to 2024-25 (as on 28.02.2025), Rs. 3698.45 crores have been released by MoA&FW (Punjab – Rs. 1756.45 crores, Haryana – Rs. 1081.71 crores, Uttar Pradesh – Rs. 763.67 crores, NCT of Delhi – Rs. 6.05 Crores, ICAR- Rs. 83.35 crores & others Rs. 7.22 Crores). The states have distributed more than 3.00 lakhs machines to the individual farmers and to more than 40000 CHCs in these 4 States, which also include more than 4500 Balers & Rakes which are used for collection of straw in the form of bales for further ex-situ utilization. MoA&FW in 2023 revised guidelines under the scheme to support establishment of crop residue/paddy straw supply chain, by providing financial assistance on the capital cost of machinery and equipment.
    • An Inter-Ministerial Committee has been constituted under the chairmanship of Special Secretary, MoA&FW for convergence of scheme of Schemes/Initiatives supporting Ex-situ management of paddy straw.
    • CAQM has provided a Framework to the states concerned for control / elimination of crop residue burning and directed these to draw up detailed state-specific action plans based on the major contours of the framework. Directions have also been issued by CAQM to State Governments of Punjab, Haryana and Uttar Pradesh to strictly and effectively implement revised action plan to eliminate and control stubble burning.
    • CAQM has issued directions permitting use of PNG or biomass as industrial fuel in NCR except Delhi where only PNG is permitted as industrial fuel. CAQM has also issued directions for co-firing of 5-10% biomass with coal in thermal power plants located within 300 kms of Delhi, and, in captive power plants of industrial units located in NCR.
    • Central Pollution Control Board (CPCB) has framed Guidelines for grant of one-time financial support under Environment Protection Charge funds for establishment of pelletization and Torrefaction plants to promote utilisation of paddy straw. So far, 15 plants have been sanctioned with utilization capacity of 2.7 lakh tonnes of paddy straw per annum.
    • During stubble burning season of 2023 (10.11.23 onwards), 33 scientists of CPCB were deployed as flying squads for assisting CAQM in NCR and adjoining areas for intensifying monitoring and enforcement actions towards prevention of paddy stubble burning incidents in 22 districts of Punjab and 11 districts of Haryana. The flying squads coordinated with state govt/nodal officers/officers from respective districts and sent their daily report to CAQM.
    • CPCB has deployed 26 teams (in 16 districts of Punjab and 10 districts of Haryana) for the period 01st October – 30th November, 2024 to intensify monitoring and enforcement actions regarding stubble burning. These teams are coordinating with concerned authorities/ officers deployed at the district level by the State Govt. and reporting to CAQM.
    • MoA&FW had deputed 31 Central Teams, which have conducted Quality Survey work w.e.f. 1-15th September, 2024 in the States of Punjab, Haryana and Uttar Pradesh and the Teams had visited 275 manufacturers and conducted quality audit of 910 agricultural machines. Further, 10 Central Teams have conducted survey on utilization of machines in States of Punjab and Haryana during 15th October – 31st October 2024. A Team comprising members from DA&FW, CAQM and ICAR and other stakeholders had visited to the State of Punjab to witness the activities of paddy straw management on 14th November, 2024.
    1. Measures for control of vehicular emissions:
    • Directions issued by CAQM to Government of NCT of Delhi and State Governments of Haryana, Rajasthan and Uttar Pradesh for migration of public transport services, especially buses in NCR to cleaner modes. All state govt. bus services between Delhi and any city/town in the states of Haryana, Rajasthan and Uttar Pradesh to be operated only through EV /CNG/BS-VI diesel w.e.f. 01.11.2023.
    • Installation of VRS system at 3256 petrol pumps in Delhi-NCR in compliance with orders of Hon’ble Supreme Court and Hon’ble NGT.
    1. Measures for control of industrial emission:
    • Installation of Online Continuous Emission Monitoring System (OCEMS) in red category air polluting industries in Delhi-NCR
    • Industrial units in Delhi have shifted to PNG/cleaner fuels and, operational units in NCR have shifted to PNG/Biomass.
    • Directions issued for conversion of brick kilns to zig-zag technology in Delhi and NCR. Brick kilns not converted to zig-zag technology are not permitted to operate in Delhi-NCR.
    • In order to control DG set emissions, CPCB also provides funds for retrofitment/ upgradation of DG sets in Govt. hospitals in Delhi-NCR and guidelines have been issued in this regard.
    • Ban on use of pet coke and furnace oil as fuel in NCR States since October 24, 2017.
    • An approved fuel list is in force in Delhi-NCR w.e.f. 01.01.2023. Industries operating on only PNG or biomass are permitted in NCR, except for specific requirement of other fuels by specific industries owing to technical, technological and process requirements. The industries not operating on approved fuels are not allowed to operate in Delhi-NCR.
    • Stringent PM emission norms for biomass based boilers have been prescribed for compliance in NCR.
    1. Construction & Demolition (C&D) Waste:
    • Directions issued to DPCC and NCR SPCBs to enforce installation of anti-smog guns and other dust control measures at C&D sites.
    • Directions issued for setting up of a “Dust Control and Management Cell” by road owning/ maintaining/ construction agencies for monitoring and effective implementation of dust control measures in the NCR.  
    • Online monitoring mechanism (through web portal) introduced for monitoring compliance of dust mitigation measures for construction sites.
    1. Close Monitoring & Ground level implementation in Delhi-NCR:
    • 40 teams have been deputed by CPCB since December 2021, to assist CAQM, for conducting incognito inspections of air polluting industries, C&D sites, DG sets in Delhi-NCR to check implementation status of pollution control measures and compliance of other provisions of the Air (P&CP) Act,1981.

    Annexure-II

    Comparative Status of AQI- Delhi from 01 January to 31 December, 2016-2024

    Category

    Year

    2016

    2017

    2018

    2019

    2020

    2021

    2022

    2023

    2024

    2016

    2017

    2018

    2019

    2020

    2021

    2022

    2023

    2024

    No. of days

    354

    365

    365

    365

    366

    365

    365

    365

    366

    Good (0–50)

    0

    2

    0

    2

    5

    1

    3

    1

    0

    110

    152

    159

    182

    227

    197

    163

    206

     209

    Satisfactory (51–100)

    24

    45

    53

    59

    95

    72

    65

    60

    66

    Moderate (101–200)

    86

    105

    106

    121

    127

    124

    95

    145

    143

    Poor (201–300)

    120

    115

    114

    103

    75

    80

    130

    77

    70

    244

    213

    206

    183

    139

    168

    202

    159

    157

    Very Poor (301–400)

    99

    89

    72

    56

    49

    64

    66

    67

    70

    Severe (>401)

    25

    9

    20

    24

    15

    24

    6

    15

    17

    *******

    (Release ID: 2114403) Visitor Counter : 68

    MIL OSI Asia Pacific News

  • MIL-OSI USA: NASA Invites Media to SpaceX’s 32nd Resupply Launch to Space Station

    Source: NASA

    Media accreditation is open for the next launch to deliver NASA science investigations, supplies, and equipment to the International Space Station.
    NASA and SpaceX are targeting no earlier than Monday, April 21, to launch the SpaceX Dragon spacecraft on the company’s Falcon 9 rocket from Launch Complex 39A at the agency’s Kennedy Space Center in Florida. This launch is the 32nd SpaceX commercial resupply services mission to the orbital laboratory for the agency.
    Credentialing to cover prelaunch and launch activities is open to U.S. media. The application deadline for U.S. citizens is 11:59 p.m., EDT, Friday, April 4. All accreditation requests must be submitted online at:
    https://media.ksc.nasa.gov
    Credentialed media will receive a confirmation email after approval. NASA’s media accreditation policy is available online. For questions about accreditation, or to request special logistical support, email: ksc-media-accreditat@mail.nasa.gov. For other questions, please contact NASA Kennedy’s newsroom at: 321-867-2468.
    Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitor entrevistas en español, comuníquese con Antonia Jaramillo o Messod Bendayan a: antonia.jaramillobotero@nasa.gov o messod.c.bendayan@nasa.gov.
    Each resupply mission to the station delivers scientific investigations in the areas of biology and biotechnology, Earth and space science, physical sciences, and technology development and demonstrations. Cargo resupply from U.S. companies ensures a national capability to deliver scientific research to the space station, significantly increasing NASA’s ability to conduct new investigations aboard humanity’s laboratory in space.
    Along with food and essential equipment for the crew, Dragon is delivering a variety of experiments, including a demonstration of refined maneuvers for free-floating robots. Dragon also carries an enhanced air quality monitoring system that could protect crew members on exploration missions to the Moon and Mars, and two atomic clocks to examine fundamental physics concepts, such as relativity, and test worldwide synchronization of precision timepieces.
    Astronauts have occupied the space station continuously since November 2000. In that time, 283 people from 23 countries have visited the orbital outpost. The space station is a springboard to NASA’s next great leap in exploration, including future missions to the Moon under the Artemis campaign, and human exploration of Mars.
    Learn more about NASA’s commercial resupply missions at:
    https://www.nasa.gov/station
    -end-
    Julian Coltre / Josh FinchHeadquarters, Washington202-358-1100julian.n.coltre@nasa.gov / joshua.a.finch@nasa.gov
    Stephanie Plucinsky / Steven SiceloffKennedy Space Center, Florida321-876-2468stephanie.n.plucinsky@nasa.gov / steven.p.siceloff@nasa.gov
    Sandra JonesJohnson Space Center, Houston281-483-5111sandra.p.jones@nasa.gov

    MIL OSI USA News

  • MIL-OSI USA: FEMA to Host Housing Resource Fair Mar. 28- 29 in Statesboro

    Source: US Federal Emergency Management Agency

    Headline: FEMA to Host Housing Resource Fair Mar

    28- 29 in Statesboro

    FEMA to Host Housing Resource Fair Mar

    28- 29 in Statesboro

    FEMA is hosting a Housing Resource Fair Friday and Saturday, Mar

    28- 29, from 9 a

    m

    to 5 p

    m

    in Statesboro at the following location: `Honey Bowen Building1 Max Lockwood Dr

    Statesboro, GA 30458The Housing Resource Fair will bring together federal, state and local agencies in one place to offer services and resources to families recovering from Hurricane Helene

     The goal of this collaborative effort is to help connect eligible disaster survivors with affordable housing along with valuable information and resources on their road to recovery

    Survivors will meet with local housing organizations, property owners and landlords, as well as gain information on the HEARTS Georgia Sheltering Program, and U

    S

    Small Business Administration (SBA) loans

    The Housing Resource Fair is an opportunity for survivors to: Explore affordable housing options and rental assistance programs

    Meet with representatives from local housing organizations, landlords and property managers

    Gain access to resources for displaced individuals and families

    Learn about community partners that will provide educational funding resources to attendees

     For FEMA Federal Coordinating Officer Kevin Wallace, the Housing Resource Fair will give survivors that needed one-on-one experience: “We want survivors to know we are here for them and want to see the best outcome, which is moving into safe, sanitary and functioning housing,” he said

     “We will walk them through their options to ensure they are aware of the resources that are available to fit their need

    ”Anyone who was affected by Tropical Storm Debby or Hurricane Helene, whether they have applied for FEMA assistance or not, is welcome to attend

    jakia

    randolph
    Mon, 03/24/2025 – 12:27

    MIL OSI USA News

  • MIL-OSI USA: NEWS RELEASE: CBED Program Awards Grant to INPEACE to Support Native Hawaiian Businesses at 2025 Merrie Monarch Festival

    Source: US State of Hawaii

    NEWS RELEASE: CBED Program Awards Grant to INPEACE to Support Native Hawaiian Businesses at 2025 Merrie Monarch Festival

    Posted on Mar 24, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

    DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM

    KA ʻOIHANA HOʻOMOHALA PĀʻOIHANA, ʻIMI WAIWAI A HOʻOMĀKAʻIKAʻI

     

    BUSINESS DEVELOPMENT AND SUPPORT DIVISION

     

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

     

    JAMES KUNANE TOKIOKA

    DIRECTOR

    KA LUNA HOʻOKELE

     

    DENNIS T. LING

    ADMINISTRATOR

    CBED PROGRAM AWARDS GRANT TO INPEACE TO SUPPORT NATIVE HAWAIIAN BUSINESSES AT 2025 MERRIE MONARCH FESTIVAL

     

    FOR IMMEDIATE RELEASE

    March 24, 2025

     

    HONOLULU – The Department of Business, Economic Development and Tourism (DBEDT) Community-Based Economic Development (CBED) Program has awarded an $8,000 grant to the Institute for Native Pacific Education and Culture (INPEACE) Center for Entrepreneurship. The funding will support nine Native Hawaiian-owned small businesses in participating as vendors at the Kākoʻo Hawaiʻi Merrie Monarch Market, taking place April 24-26, 2025 at Sangha Hall in Hilo, Hawai‘i, in conjunction with the Merrie Monarch Festival.

    “The CBED Program is committed to fostering economic opportunities that strengthen Hawaiʻi’s small business community, particularly those that align with cultural preservation and sustainability,” said DBEDT Business Support Division Branch Chief Mark Ritchie. “By supporting Native Hawaiian entrepreneurs at the Merrie Monarch Festival, we are investing in the long-term success of local businesses while celebrating and perpetuating Hawaiian culture.”

    As one of Hawai‘i’s premier cultural events, the Merrie Monarch Festival attracts thousands of attendees, including residents, visitors and cultural practitioners. The Kākoʻo Hawaiʻi Merrie Monarch Market, which runs alongside the festival, provides a unique opportunity for local artisans, food vendors and entrepreneurs to showcase their products, increase brand recognition and generate revenue.

    “This funding allows us to provide critical support for Native Hawaiian small businesses – helping them grow their brands, expand their customer base and contribute to the local economy,” said Lisa Pakele, program director of the INPEACE Center for Entrepreneurship. “We are grateful to the CBED Program for its commitment to community-based economic development.”

    The grant funding will cover vendor booth fees, travel expenses and marketing efforts to enhance visibility for participating businesses. The selected cohort includes:

    • Bujo Bae: Island-inspired stationery, paper goods, scrapbooking materials and journals. (Honolulu, O‘ahu)
    • Honolulu Baby Company: Keiki apparel and accessories that are comfy, conscious and cute. (Honolulu, O‘ahu)
    • Kākou Collective: Stationery, greeting cards, notebooks and apparel featuring hand-drawn artwork by Native Hawaiian artist Kea Peters. (‘Ewa Beach, O‘ahu)
    • Kaulana Mahina: A research-based resource promoting Hawaiian culture and language through mahina workshops, moon calendars, maps, keiki books and more. (Keaʻau, Hawaiʻi Island)
    • Keha Hawai‘i: A blend of classic and contemporary fashion for men and women that pays homage to the ʻāina, kānaka, ʻōlelo and moʻolelo of Hawaiʻi. (Honolulu, O‘ahu)
    • The Keiki Dept: A lifestyle brand for the ‘ohana that encourages families to have conversations about the plants and animals featured on their products. (ʻAiea, O‘ahu)
    • Mahina Made: A Hawaiʻi lifestyle brand of apparel, accessories and home goods. (Honolulu, O‘ahu)
    • Pawniolo Pets: Offering high-quality pet food and snacks rooted in the traditions of its family cattle ranch on Hawaiʻi Island. (Waimea, Hawaiʻi Island)
    • Sweetheart Farm: Farm-fresh products ranging from microgreens and chili pepper jelly to baked goods and lilikoi butter. (Hilo, Hawai‘i Island)

    The CBED Program supports initiatives that promote economic self-sufficiency and sustainable business development in Hawaiʻi. By investing in community-driven projects, DBEDT aims to strengthen local industries, enhance job creation and foster long-term economic resilience.

    For more information about the CBED Program and its initiatives, visit https://invest.hawaii.gov/business/cbed/. To learn more about INPEACE and its programs, visit https://inpeace.org/.

    About the Department of Business, Economic Development and Tourism (DBEDT)

    DBEDT is Hawai‘i’s resource center for economic and statistical data, business development opportunities, energy and conservation information, as well as foreign trade advantages. DBEDT’s mission is to achieve a Hawai‘i economy that embraces innovation and is globally competitive, dynamic and productive, providing opportunities for all Hawai‘i’s citizens. Through its attached agencies, the department fosters planned community development, creates affordable workforce housing units in high-quality living environments and promotes innovation-sector job growth.

    About the Community-Based Economic Development (CBED) Program

    The CBED Program is dedicated to supporting the economic growth and sustainability of Hawaiʻi’s communities. By providing grants, loans and technical assistance, CBED empowers local businesses and organizations to thrive and contribute to a vibrant local economy.

    About the Institute for Native Pacific Education and Culture (INPEACE)

    INPEACE is a nonprofit organization committed to the education, culture and economic development of Native Hawaiians. Through a range of programs and initiatives, INPEACE strives to create opportunities that promote self-sufficiency and enhance the quality of life for Native Hawaiian communities. The INPEACE Center for Entrepreneurship supports new family-owned businesses and start-ups on the Leeward Coast of O‘ahu to increase their capacity to succeed. The center provides intensive individual support, personal and business finance training, 1-on-1 coaching, access to business micro loans, peer networking, business equipment, administrative back-office support, specialized services and expert mentors.

    # # #

     

    Media Contacts:

     

    Laci Goshi

    Communications Officer

    Department of Business, Economic Development and Tourism
    Cell: 808-518-5480

    Email: [email protected]

    Mark Ritchie

    Branch Chief, Business Support Division

    Department of Business, Economic Development and Tourism

    Phone: 808-586-2355

    Email: [email protected]

    Lisa Pakele

    INPEACE Program Director

    Center for Entrepreneurship

    Phone 808-693-7222 ext. 116

    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI Banking: Verizon to speak at New Street Research Conference on March 26

    Source: Verizon

    Headline: Verizon to speak at New Street Research Conference on March 26

    NEW YORK – Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the New Street Research and BCG Future of Connectivity Leaders Conference on Wednesday, March 26, at 8:30 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors.

    Boulben will discuss the unit’s progress to innovate on its mobile and broadband platforms, bringing differentiated offers to the market and enhancing its value proposition, while elevating the customer experience and strengthening customer relationships.

    Verizon is on track to deliver on its full-year 2025 financial and operational guidance and remains committed to its three key priorities of growing wireless service revenue, expanding adjusted EBITDA1 and generating strong free cash flow1.

    For 2025, Verizon continues to expect the following:

    • Total wireless service revenue growth2 3 of 2.0 percent to 2.8 percent.
    • Adjusted EBITDA growth1 of 2.0 percent to 3.5 percent.
    • Adjusted EPS1 growth of 0 to 3.0 percent.
    • Cash flow from operations of $35.0 billion to $37.0 billion.
    • Capital expenditures between $17.5 billion and $18.5 billion.
    • Free cash flow1 of $17.5 billion to $18.5 billion.

    1 Non-GAAP financial measure. See the accompanying schedules and www.verizon.com/about/investors for reconciliations of non-GAAP financial measures cited in this document to most directly comparable financial measures under generally accepted accounting principles (GAAP).

    2 Total wireless service revenue represents the sum of Consumer and Business segments.

    3 Reflects the reclassification of recurring device protection and insurance related plan revenues from other revenue into wireless service revenue beginning January 2025. Reclassified 2024 annual revenues were more than $2.9 billion.

    Forward-looking statements

    In this communication we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “forecasts,” “hopes,” “intends,” “plans,” “targets” or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The following important factors, along with those discussed in our filings with the Securities and Exchange Commission (the “SEC”), could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: the effects of competition in the markets in which we operate, including the inability to successfully respond to competitive factors such as prices, promotional incentives and evolving consumer preferences; failure to take advantage of, or respond to competitors’ use of, developments in technology, including artificial intelligence, and address changes in consumer demand; performance issues or delays in the deployment of our 5G network resulting in significant costs or a reduction in the anticipated benefits of the enhancement to our networks; the inability to implement our business strategy; adverse conditions in the U.S. and international economies, including inflation and changing interest rates in the markets in which we operate; cyberattacks impacting our networks or systems and any resulting financial or reputational impact; damage to our infrastructure or disruption of our operations from natural disasters, extreme weather conditions, acts of war, terrorist attacks or other hostile acts and any resulting financial or reputational impact; disruption of our key suppliers’ or vendors’ provisioning of products or services, including as a result of geopolitical factors or the potential impacts of global climate change; material adverse changes in labor matters and any resulting financial or operational impact; damage to our reputation or brands; the impact of public health crises on our business, operations, employees and customers; changes in the regulatory environment in which we operate, including any increase in restrictions on our ability to operate our networks or businesses; allegations regarding the release of hazardous materials or pollutants into the environment from our, or our predecessors’, network assets and any related government investigations, regulatory developments, litigation, penalties and other liability, remediation and compliance costs, operational impacts or reputational damage; our high level of indebtedness; significant litigation and any resulting material expenses incurred in defending against lawsuits or paying awards or settlements; an adverse change in the ratings afforded our debt securities by nationally accredited ratings organizations or adverse conditions in the credit markets affecting the cost, including interest rates, and/or availability of further financing; significant increases in benefit plan costs or lower investment returns on plan assets; changes in tax laws or regulations, or in their interpretation, or challenges to our tax positions, resulting in additional tax expense or liabilities; changes in accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings; and risks associated with mergers, acquisitions, divestitures and other strategic transactions, including our ability to consummate the proposed acquisition of Frontier Communications Parent, Inc. and obtain cost savings, synergies and other anticipated benefits within the expected time period or at all.

    Non-GAAP Reconciliations

    Free Cash Flow Forecast

    (dollars in millions)

    12 Mos. Ended 12/31/25

    Net Cash Provided by Operating Activities Forecast

    $ 35,000 – 37,000

    Capital expenditures forecast (including capitalized software)

    (17,500 – 18,500)

    Free Cash Flow Forecast

    $ 17,500 – 18,500

    MIL OSI Global Banks

  • MIL-OSI Banking: Members consider China’s request for panel to examine EU battery electric vehicle duties

    Source: World Trade Organization

    DS630: European Union — Definitive Countervailing Duties on New Battery Electric Vehicles from China

    China submitted its first request for the establishment of a dispute panel with respect to the definitive countervailing duties imposed by the European Union in October 2024 on new battery electric vehicles from China. The request also concerns the underlying investigation that led to the imposition of the duties. China and the European Union held consultations in December 2024 with the aim of reaching a mutually satisfactory solution but failed to resolve the dispute, China said, prompting its request for the panel.

    China outlined the various concerns it had about the process resulting in the duties. It said this process was not carried out in a manner consistent with the WTO’s Agreement on Subsidies and Countervailing Measures and the General Agreement on Tariffs and Trade 1994.  China said that while WTO members have the legitimate right to adopt trade remedy measures, such rights must be exercised within the confines of the WTO agreements.

    The European Union said it regretted China’s decision to request a panel. The EU said it had hoped the consultations with China had provided the necessary information and clarifications China needed. China undoubtedly has the right to bring this issue to WTO dispute settlement, the EU said, but it strongly maintains that the measures in question are entirely justified and is confident they are in compliance with WTO rules. The EU said it is not ready to accept the establishment of a panel.

    The DSB took note of the statements and agreed to revert to this matter should a requesting member wish to do so.

    DS593: European Union – Certain Measures Concerning Palm Oil and Oil Palm Crop Based Biofuels

    The European Union said it intended to implement the panel ruling in DS593 by bringing the concerned measures into conformity with the WTO agreements. The EU said it was impractical for it to comply immediately and that it needed a reasonable period of time to do so.  The EU added that it was keen to discuss and agree with Indonesia the length of this period of time at the earliest available opportunity, as it has done with Malaysia in a related dispute case.

    Indonesia underlined the necessity for the EU to adjust its policies in line with the WTO agreements as well as the importance of prompt and effective implementation of the panel’s ruling. Indonesia said it is committed to working constructively with the EU to ensure a smooth and efficient implementation process. It encouraged the EU to provide a clear and detailed timeline for this process.

    DS597: United States – Origin Marking Requirement (Hong Kong, China)

    The United States once again raised the matter of the panel ruling in DS597 at the DSB meeting. The US said it was raising the matter as a result of further alarming developments and effects of the National Security Law of Hong Kong, China on free speech and human rights.  The US referred back to its previous statements regarding its position on essential security and its reasons for placing this item on the DSB agenda.

    Hong Kong, China said it was regrettable that the United States continues to abuse DSB meetings as a platform for political posturing. The US approach reflects a troubling presumption that it alone has the authority to interpret national security matters, said Hong Kong, China, adding that it remains frustrated at being deprived of the legitimate right to allow the case to be settled through a proper channel.

    China reiterated its objections to the item being placed on the DSB agenda. It said the WTO dispute settlement mechanism is a forum to resolve trade disputes rather than a place to discuss political issues.

    Appellate Body appointments

    Colombia, speaking on behalf of 130 members, introduced for the 85th time the group’s proposal to start the selection processes for filling vacancies on the Appellate Body. The extensive number of members submitting the proposal reflects a common interest in the functioning of the Appellate Body and, more generally, in the functioning of the WTO’s dispute settlement system, Colombia said.

    The United States said it does not support the proposed decision and noted its longstanding concerns with WTO dispute settlement that have persisted across US administrations. The US said the panel reports in DS593 and DS597 provided examples of its concerns regarding WTO dispute settlement overreach. The US said fundamental reform of WTO dispute settlement is needed to address these and other US concerns. Despite extensive US engagement, WTO members continue to have vastly different perspectives on the role of WTO dispute settlement in today’s world and the reforms that are needed, it added.

    More than 20 members took the floor to comment, one speaking on behalf of a group of members. Most reiterated their support for the joint proposal and for the urgent need to restore a fully functioning dispute settlement system. Several welcomed the progress made in the dispute settlement reform discussions last year and said they looked forward to starting consultations on how to take the process forward. Ten members urged others to consider joining the Multi-party interim appeal arrangement (MPIA), a contingent measure to safeguard the right to appeal in the absence of a functioning Appellate Body. 

    Colombia, on behalf of the 130 members, said it regretted that for the 85th occasion members have not been able to launch the selection processes. Ongoing conversations about reform of the dispute settlement system should not prevent the Appellate Body from continuing to operate fully, and members shall comply with their obligation under the Dispute Settlement Understanding to fill the vacancies as they arise, Colombia said for the group.

    Surveillance of implementation

    The United States presented status reports with regard to DS184, “US — Anti-Dumping Measures on Certain Hot-Rolled Steel Products from Japan”,  DS160, “United States — Section 110(5) of US Copyright Act”, DS464, “United States — Anti-Dumping and Countervailing Measures on Large Residential Washers from Korea”, and DS471, “United States — Certain Methodologies and their Application to Anti-Dumping Proceedings Involving China.”

    The European Union presented a status report with regard to DS291, “EC — Measures Affecting the Approval and Marketing of Biotech Products.”

    Indonesia presented its status reports in DS477 and DS478, “Indonesia — Importation of Horticultural Products, Animals and Animal Products.” 

    Next meeting

    The next regular DSB meeting will take place on 25 April 2025.

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  • MIL-OSI Banking: Members continue TRIPS implementation review discussion, address IP notification obligations

    Source: WTO

    Headline: Members continue TRIPS implementation review discussion, address IP notification obligations

    Under Article 71.1 of the TRIPS Agreement, the TRIPS Council is required to conduct a review of the implementation of the Agreement after two years and at periodic intervals thereafter. However, the initial review in 1999 was never completed and no other review has subsequently been initiated.
    The Chair recalled that over the past year members had spent significant time and energy on considering how to finally launch the review. They ultimately converged on a “Proposed Process for the First Review of the Implementation of the TRIPS Agreement under Article 71.1” that was circulated as document JOB/IP/79/Rev.3 on 22 November 2024.
    However, the Chair noted, despite intensive and constructive engagement by members, who have never been closer to consensus on this particular issue, that document could not be adopted. Reporting on the group consultations she held with members on 7 March to hear ideas on how to approach work on this issue in the future, she indicated that members’ concerns that had prevented the adoption of the draft document in December remained prevalent.
    A number of delegations expressed their willingness to continue discussions on this issue. Therefore, the Chair left the door open to hold another round of consultations in the coming weeks, provided that delegations remain willing to engage constructively and find an agreed solution.
    Notifications
    The WTO Secretariat provided an update on notifications under various provisions of the TRIPS Agreement received by the Council since its last meeting in November 2024. The Secretariat also submitted the “Annual report on notifications and other information flows”.
    The report indicates that although participation in WTO notifications has increased, many members are not fulfilling their ongoing notification obligations, which impacts the Council’s monitoring function. Despite considerable legislative changes in IP over the past 15 years, 21 per cent of developed and 37 per cent of developing members have not notified the Council of any new or amended laws since 2009. Furthermore, 63 per cent of IP enforcement contact points and 75 per cent of technical and financial cooperation contact points have not been updated in over a decade.
    In 2024, members submitted 125 notifications, including 116 new or updated domestic laws or regulations pertaining to the TRIPS Agreement, as required under Article 63.2. The rate of participation remained steady, with 26 members submitting at least one notification.
    Reports on technology transfer to LDCs and on technical and financial cooperation were similar to those in 2023, with 16 developed members submitting reports. However, no notifications were received in 2024 for the special compulsory licensing system or updates on biotechnology or geographical indications.
    The report also notes that the e-TRIPS information system, designed to improve transparency and provide simple online submission processes, has seen steady usage since its 2019 launch. By 2024, 93 per cent of members were using the platform and 96 per cent of total submissions were made through the platform.
    Delegations notifying new or revised legislation took the floor to inform the Council of the main elements presented in their documents. This practice has become an established tradition, with many delegations following it at recent sessions of the Council. It has proven to be very useful in improving understanding of the notifications, raising awareness and promoting transparency.
    Technology transfer
    The TRIPS Council meeting was attended by the participants of the annual WTO workshop on incentives for technology transfer to least-developed countries (LDCs) under the TRIPS Agreement. This was opened by Deputy Director-General Johanna Hill on 17 March. The workshop brought together 30 participants from LDCs, experts from eight developed members, specialists from the public and private sectors and intergovernmental organizations.
    Technology transfer is deeply embedded in the TRIPS Agreement and is explicitly mentioned in its objectives in Article 7. Since 2003, when WTO members agreed on the transparency mechanism for technology transfer under Article 66.2, developed country members have submitted over 400 reports detailing their actions and commitments. To date, the TRIPS Council has conducted 21 reviews of these reports, generating valuable insights into effective strategies and best practices.
    A follow-up to the annual review of reports from nine developed members on their technology transfer commitments and related programmes took place at the TRIPS Council. See here.
    Several LDC members thanked the Secretariat for organizing the workshop and developed countries for their detailed reports. They underscored the importance of informal dialogue between LDC members and developed country members. This is particularly important when it comes to tailoring technology transfer programmes to LDCs’ priority needs and learning from developed members’ experience, they added.
    On a separate ad hoc agenda item, members addressed a communication on “IP and innovation: Technology transfer case studies” introduced by Australia, Canada, the European Union, Israel, Japan, the Republic of Korea, New Zealand, Singapore, Switzerland, Chinese Taipei, the United Kingdom and the United States. The objective was to facilitate discussions at the TRIPS Council, using concrete case studies that show real-world technology transfer in action across industries such as agriculture, sustainability and manufacturing.
    Many projects were showcased to underline how technology transfer can support innovation and economic growth. These included a Japanese-Tanzanian partnership producing insecticide-treated nets and technical know-how provided to Sri Lankan companies in the manufacturing and textile industries. The World Intellectual Property Organization (WIPO) presented WIPO GREEN, an online platform connecting providers and seekers of eco-friendly technologies to combat climate change.
    Non-violation and situation complaints (NVSCs)
    The Chair reported on the consultations she held in early March with the most active members and Group coordinators on this issue, where delegations largely repeated their known positions. One member suggested that the Secretariat organize a briefing session on this issue to provide an overview of the points and arguments raised in the past, she said.
    She underlined that none of the various suggestions made by her predecessors in meetings and informal consultations as to how members could resume a substantive debate have been taken up by members, indicating that there is little desire to restart substantive discussions on this issue. Taking into account that the 14th Ministerial Conference (MC14) will take place in March 2026, she reminded members that the examination of the scope and modalities of these complaints is a ministerial mandate for this Council, which members should make a serious effort to fulfill.
    At the 13th Ministerial Conference (MC13), ministers adopted the Decision on TRIPS Non-Violation and Situation Complaints, tasking the TRIPS Council to continue its review of the scope and modalities for NVSCs and to make recommendations to MC14. It was also agreed that, in the meantime, members would not bring such complaints under the TRIPS Agreement.
    Non-violation and situation complaints (NVSCs) refer to whether and under what conditions members should be able to bring WTO dispute complaints where they consider that another member’s action, or a particular situation, has deprived them of an expected advantage under the TRIPS Agreement, even though no obligation under the Agreement has been violated.
    Members have historically differed on whether such non-violation cases are feasible in intellectual property. Some delegations consider NVSCs essential to maintaining the proper balance of rights and obligations within the TRIPS Agreement while helping to ensure that legitimate obligations are not circumvented or avoided. Others believe there is no place for the application of non-violation complaints in the area of intellectual property because of the legal insecurity and curtailment of flexibilities that could ensue and favour their complete ban in the TRIPS area.
    Pandemic response
    The Chair highlighted the WTO’s compilation document COVID-19: Measures Regarding Trade-Related Intellectual Property Rights, available on its website. This document, compiled by the Secretariat using official sources and verified by relevant members, provides a non-exhaustive overview of IP-related measures taken in response to the pandemic. She urged delegations to update the Secretariat with any new measures, modifications or expirations.
    Discussions continued on proposals under paragraph 24 of the Ministerial Declaration on the WTO Response to the COVID-19 Pandemic and Preparedness for Future Pandemics, reaffirmed in the Abu Dhabi Ministerial Declaration of March 2024. This provision mandates the Council to assess challenges and lessons from the pandemic, including through members’ proposals.
    Members also continued to review two submissions: one by the United Kingdom on Intellectual Property, Voluntary Licensing, and Technology Transfer, and another by Bangladesh, Colombia, Egypt and India on TRIPS for Development and Post-MC13 Work on TRIPS-Related Issues. The debate centered on pandemic preparedness and the WTO’s role in addressing IP concerns.
    Some delegations stressed the need for balancing IP rights with public health to secure access to medicines in future crises. Others highlighted the need for updated IP policies and voluntary licensing as key for effective technology transfer, calling for evidence-based discussions under this agenda item.
    Other issues
    Members discussed a second ad hoc agenda item under the heading of “IP and the public interest”, included at the request of Bangladesh, Brazil, Colombia, India and Pakistan. These delegations submitted a paper on this topic, entitled “Intellectual Property for Development Group – Side Activity: 30 Years of Developing Countries’ Expectations and Concerns about TRIPS”.
    Participating members presented a summary of a side event organized on 19 March by the informal group of countries known as “Intellectual Property (IP) for Development”. At this event, delegates and experts were invited to an initial discussion to reflect on the history of the TRIPS negotiations, 30 years after their conclusion. Proponents noted that a discussion on the evolution and impact of TRIPS will help to improve the available information, providing valuable insights and reflections for assessing the expectations of developing economies.
    The Chair said that there have been no new acceptances of the protocol amending the TRIPS Agreement since the last Council meeting. This means that, to date, the amended TRIPS Agreement applies to 141 members. Twenty-five members have yet to accept the Protocol.

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  • MIL-OSI Banking: Canada initiates WTO dispute regarding Chinese duties on agricultural, fishery products

    Source: WTO

    Headline: Canada initiates WTO dispute regarding Chinese duties on agricultural, fishery products

    Canada claims the measures are inconsistent with China’s obligations under various provisions of the General Agreement on Tariffs and Trade (GATT) 1994 and the Dispute Settlement Understanding.
    Further information is available in document WT/DS636/1
    What is a request for consultations?
    The request for consultations formally initiates a dispute in the WTO. Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation. After 60 days, if consultations have failed to resolve the dispute, the complainant may request adjudication by a panel.

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  • MIL-OSI Banking: Verizon to redeem debt securities on April 23, 2025

    Source: Verizon

    Headline: Verizon to redeem debt securities on April 23, 2025

    NEW YORK – Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced that it will redeem the following notes on April 23, 2025 (the “Redemption Date”):

    I.D. Number

    Title of Security

    Principal Amount
    Outstanding

    CUSIP: 92343V DD3

    ISIN: US92343VDD38

    Common Code: 146607594

    2.625% Notes due 2026 (the “Notes”)

    $984,778,000

    The redemption price for the Notes will be equal to the greater of (i) 100% of the principal amount of the Notes being redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes being redeemed (exclusive of interest accrued to the Redemption Date), as the case may be, discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Notes) plus 20 basis points (the “Redemption Price”), plus, in either case, accrued and unpaid interest on the principal amount being redeemed to, but excluding, the Redemption Date. The Redemption Price will be calculated in accordance with the terms of the Notes on the third Business Day (as defined in the Notes) preceding the Redemption Date.

    Questions relating to the notice of redemption and related materials should be directed to the paying agent: U.S. Bank Trust Company, Trust Company, National Association, Attn: Corporate Trust Services, 111 Fillmore Ave E, St. Paul, MN 55107, or via telephone at 1-800-934-6802.

    MIL OSI Global Banks

  • MIL-OSI Banking: WTO regional trade policy course underway in Trinidad and Tobago

    Source: World Trade Organization

    In a video message at the opening session, WTO Deputy Director-General Xiangchen Zhang said that the course would focus on trade policy issues relevant to the Caribbean region, linking regional trade dynamics to WTO agreements.

    “The goal is to equip the participants with the knowledge and tools to effectively advocate for their government’s positions in WTO negotiations, regional discussions, and engagements with other trading partners. The course will also help strengthen your government’s ability to meet WTO obligations and seize new opportunities within the global trading system,” said DDG Zhang.

    Guided by WTO experts, regional specialists, and the academic team from UWI, participants will explore a wide range of trade-related topics, including trade facilitation, agriculture, trade in services, digital trade, small and medium sized enterprises and other development issues.

    In addition to deepening their understanding of WTO rules and procedures, the programme will also explore strategies to enhance the region’s resilience against natural disasters.

    “In the Caribbean, we are acutely aware of the challenges that result from being small island states in the global system,” said Randal Karim, Permanent Secretary of the Ministry of Trade and Industry of Trinidad and Tobago, who represented Minister Paula Gopee-Scoon at the opening ceremony. 

    “These challenges, which include vulnerability to climate change and natural disasters, demand resilience, innovation and strategic trade policies. To maximise our potential requires a deep understanding of the global dynamics and effective engagement at the multilateral level,” he added.

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  • MIL-OSI Banking: Verizon Business announces Partner Recognition Program winners at 2025 Channel Partners Conference & Expo

    Source: Verizon

    Headline: Verizon Business announces Partner Recognition Program winners at 2025 Channel Partners Conference & Expo

    NEW YORK – Verizon Business today announced the winners of its annual Partner Recognition Program to kick off this year’s Channel Partners Conference & Expo activation in Las Vegas, where the company will have a large presence across the mainstage and event floor.

    This year, eleven partners are being recognized for being on the leading edge of serving customers and delivering results. Recognitions include both performance-based and self-nominated awards, with winners being evaluated based on their accomplishments, alignment with social and community impact, customer business impact, and partner innovation.

    “Our partners are a very important part of our business,” said Mark Tina, Channel Chief and Vice President of Indirect Partner Sales for Verizon Business. “Partnerships are a two-way street – we win together and we lose together – and having a positive culture that extends to the community around you, as well as a spirit of innovation, are core values we look at when working with partners. The businesses being recognized this year as winners of the Verizon Partner Network Recognition Program exemplify these values, and we’re lucky to work with them.”

    The Verizon Partner Network, which was also honored today by CRN®, a brand of The Channel Company, with a 5-Star Award in the 2025 CRN Partner Program Guide, developed this recognition program to celebrate the accomplishments of vendors who demonstrate excellence in their partner program, allowing for an opportunity to recognize how their commitment to greatness is fostering innovation within the channel.

    The following winners are being recognized in the 2024 Verizon Partner Network Recognition program:

    Value Added Distributor of the Year 2024: GetWireless

    Value Added Reseller of the Year 2024: Connected Solutions Group, LLC

    Wireline Business Agent of the Year 2024: Intelisys, Inc.

    Wireless Business Agent of the Year 2024: ConectUS

    Wireline Subagent of the Year 2024: Bluewave Technology Group, LLC

    Wireless Subagent of the Year 2024: Intratem

    Alternate Channel Distribution Partner of the Year: Axe Elite – A Vaultek Company

    SMB Agent of the Year 2024: Victra

    SMB Agent of the Year 2024: Team Wireless

    Customer Business Impact Award 2024: Simple Innovations Group

    Partner Innovation Award 2024: Intwine Connect

    Social & Community Impact Award 2024: Axe Elite – A Vaultek Company

    Visit Verizon Partner Network to learn more about our business and partner solutions, and check out www.CRN.com/PPG to learn more about the program’s 5-Star Award.

    Verizon Business celebrates innovation at Channel Partners

    Verizon Business will showcase its far-reaching business solutions at the channel’s biggest industry event of the year (lounge located at Titian 2301A). At the Verizon Business lounge, attendees will be able to meet with solution experts to learn more about the transformative benefits of Verizon’s solutions, including:

    • Verizon 5G and Fixed Wireless Access (FWA) Solutions
    • Security Services and Solutions
    • Public Sector Solutions

    Additionally, attendees can hear from Verizon Business Channel Chief, Mark Tina during two different speaking engagements.

    • Tuesday, March 25, 12:20 p.m. PT in Venetian Ballroom F: Keynote – “Why Partner Experience (PX) Is Finally Getting Its Due: Practical Tools To Elevate Your Bottom Line”
    • Wednesday, March 26, 12:25 p.m. PT in Venetian Ballroom F: Channel Partners Power Panel – The Channel Connection for Telcos

    To find out more about Verizon’s Partner Network and solutions, visit the Verizon Business Experience Lounge at Titian 2301A and Verizon’s partner program site.

    MIL OSI Global Banks

  • MIL-OSI USA: SBA Relief Still Available to Puerto Rico Private Nonprofits Affected by Spring Storm and Flooding

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding eligible private nonprofit (PNP) organizations in Puerto Rico of the April 23, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the severe storm, flooding, landslides and mudslides occurring April 29 through May 10, 2024. 

    The disaster declaration covers PNPs in the municipalities of Adjuntas, Guánica, Lajas, Las Marìas, Luquillo, Maricao, Naranjito, Orocovis, Sàbana Grande, San Sebastìan, Toa Alta, Utuado and Yauco. 

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to PNPs providing non-critical services of a governmental nature impacted by financial losses directly related to the disaster. Example of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges. 

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster. 

    “SBA loans help eligible small businesses cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.” 

    The loan amount can be up to $2 million with interest rates as low as 3.25% and terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition. 

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. 

    The deadline to return economic injury applications is April 23, 2025. 

    ### 

    About the U.S. Small Business Administration 

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Introduces Newest Team Member for Internet Crimes Against Children Unit

    Source: US State of Idaho

    (L-R) Attorney General Raúl Labrador, K-9 Badger, ICAC Investigator Lauren Lane

    [BOISE] – Today, Attorney General Raúl Labrador introduced the newest member of his ICAC Unit – K-9 Badger, a two-year-old English Labrador (no relation).  Badger is specifically trained to detect hidden electronic storage devices (ESD), like SD cards and flash drives that may contain child sexual abuse material (CSAM).
    Suspects regularly put CSAM on easily concealable devices and go to great lengths to hide them, knowing that possession of such materials is a felony in Idaho with a potential sentence of 10 years per count.  Electronic storage devices with CSAM have been concealed to specifically avoid detection by investigators.   K-9s like Badger give ICAC investigators a powerful edge when it comes to CSAM search warrants.
    SD cards and other devices like air tags, cell phones, hidden cameras, laptops, and hard drives are all sprayed with triphenylphosphine oxide, or TPPO, during the manufacturing process to dissipate heat.  Badger is one of only 195 K-9s worldwide trained to detect TPPO, even in challenging environments, including underwater.  Badger joins K-9 Ardis with the Pocatello Police Department as the second ICAC Unit ESD K-9 in Idaho working to detect electronic storage devices.
    “The capabilities of Badger and other ESD K-9s are truly remarkable,” said Attorney General Labrador.  “In the fight against those that would exploit and endanger kids, Badger is a potent weapon.  I’m looking forward to all that Badger can bring to our ICAC Unit and our state.  Another Labrador on the team is always welcome!”
    In addition to detecting electronic storage devices.  Badger is also dual certified as a therapy dog and will assist with relatives and victims during search warrants and throughout the legal process.  Badger will also accompany his handler, ICAC Investigator Lauren Lane, during educational presentations throughout Idaho.
    Badger joins twenty investigators, forensic analysts and support staff in the Attorney General’s ICAC Unit, alongside affiliated partner agencies across the state dedicated to investigating cases of child sexual exploitation and enticement, as well as the possession, distribution, and manufacturing of CSAM.

    MIL OSI USA News

  • MIL-OSI Europe: Answer to a written question – Broadening EU taxonomy to strengthen investment opportunities and industrial resilience – E-000018/2025(ASW)

    Source: European Parliament

    The EU taxonomy aims to help identify investments into activities that make a substantial contribution to EU environmental objectives.

    The taxonomy already covers several technologies that are important for Europe’s strategic autonomy and resilience, such as manufacturing of renewable energy, generation of electricity and/or heat from renewable sources, hydrogen, storage and batteries, grids technologies, also recognised under the Net-Zero-Industry-Act[1], as well as transitional energy activities including gas and nuclear.

    Although defence activities are not covered as such in the taxonomy, undertakings in the defence sector can report investments into greening of their buildings or transport like any other sector[2].

    The EU taxonomy is a living document. More activities could be added to its scope over time. This could include more strategic activities.

    The Platform on Sustainable Finance[3], an independent advisory group, is currently developing recommendations for potential inclusion of mining and refining of critical raw materials in the taxonomy.

    In line with the EU Defence Industrial Strategy (EDIS)[4], improving access to finance for the defence industry is a priority for the EU, and the EU sustainable finance framework does not impose any limitations in this regard.

    EDIS stresses that, ‘with the exception of weapons subject to prohibitions by international conventions signed by Member States — which are therefore deemed by the EU to be incompatible with social sustainability — the defence industry enhances sustainability, given its contribution to resilience, security and peace’.

    • [1] Regulation (EU) 2024/1735 of the European Parliament and of the Council of 13 June 2024 on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem and amending Regulation (EU) 2018/1724, OJ L, 2024/1735, 28.6.2024.
    • [2] Commission Notice on the interpretation and implementation of certain legal provisions of the EU Taxonomy Climate Delegated Act establishing technical screening criteria for economic activities that contribute substantially to climate change mitigation or climate change adaptation and do no significant harm to other environmental objective, OJ C, C/2023/267, 20.10.2023 , https://eur-lex.europa.eu/eli/C/2023/267/oj
    • [3] https://finance.ec.europa.eu/sustainable-finance/overview-sustainable-finance/platform-sustainable-finance_en
    • [4] https://defence-industry-space.ec.europa.eu/eu-defence-industry/edis-our-common-defence-industrial-strategy_en

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – EU funding to Israeli companies and universities that are complicit in genocide in Palestine – E-001952/2024(ASW)

    Source: European Parliament

    1. The total requested EU contribution to Israeli entities in signed grants since the 7 October 2023 is EUR 298 150 419, 00. However, t his figure might not be exhaustive since data from European Innovation Council equities and from the cascading grants (European Institute of Technology) are not yet available.

    2. The bilateral relations with the State of Israel continue to be governed by the international commitments undertaken, in particular the EU — Israel Association agreement on the participation of Israel in the Union programme Horizon Europe[1]. This is not currently envisaged to change. The Commission will continue to uphold the EU position on the situation in the Middle East as expressed by the European Council in November 2023 and March 2024, and will remain vigilant to ensure that beneficiaries comply with the applicable legal framework, including the provisions of the Horizon Europe model grant agreement and the guidelines on the eligibility of Israeli entities[2].

    • [1] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:22022A0323(10), OJ L 95, 23/03/2022.
    • [2] Commission Notice Nr. 2013/ C 205/05: Guidelines on the eligibility of Israeli entities and their activities in the territories occupied by Israel since June 1967 for grants, prizes and financial instruments funded by the EU from 2014 onwards (OJ C 205, 19.7.2013, p. 9).
    Last updated: 24 March 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – The Commission’s response to the United States’ withdrawal from the Paris Agreement – E-000403/2025(ASW)

    Source: European Parliament

    The Commission regrets that the United States is leaving the Paris Agreement, which is the most comprehensive global framework for fighting climate change.

    The Commission will stay the course on the Green Deal as the EU’s growth strategy and deploy climate diplomacy to ensure that other major emitters also show ambition in reducing greenhouse gas emissions when presenting their Nationally Determined Contributions ahead of COP 30 in Brazil.

    The Commission’s focus will be on supporting and creating the right conditions for companies to decarbonise and strengthen their competitiveness.

    This means investing and ensuring access to affordable, sustainable and secure energy supplies and raw materials, including through the Clean Industrial Deal. The Clean Industrial Deal[1], adopted on 26 February 20 25, together with the planned Industrial Decarbonisation Accelerator Act in autumn 2025, will reinforce the business case for the decarbonisation of industry in Europe.

    The Clean Industrial Deal in particular focuses on energy-intensive industries and the clean tech sector. It includes initiatives to lower energy prices, develop lead markets for EU-made decarbonised products, and leverage circularity for the availability of raw materials. These measures will foster the clean transition and contribute to prosperity of EU companies and citizens.

    • [1]  https://commission.europa.eu/document/download/9db1c5c8-9e82-467b-ab6a-905feeb4b6b0_en?filename=Communication%20-%20Clean%20Industrial%20Deal_en.pdf
    Last updated: 24 March 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Sharp increase in credit transfer fraud in Romania and Bulgaria – E-002903/2024(ASW)

    Source: European Parliament

    While security requirements introduced by the EU Payment Services Directive[1], such as strong customer authentication, have had a positive impact on reducing payment fraud, malicious behaviours are constantly evolving and increasingly relying on the manipulation of the payment service user.

    Cases where users are manipulated by fraudsters into making a payment, or to disclose sensitive information which is used to commit fraud are becoming more widespread.

    Where the user is manipulated into making a fraudulent credit transfer, often the user bears the losses as the transaction is deemed to have been authorised.

    According to the latest European Banking Authority (EBA) risk assessment report[2], the greatest increase in the total value of losses due to fraud borne by users of credit transfers was observed in Bulgaria, Romania and Hungary, but the issue is not limited to Eastern Europe. Combatting payment fraud is a key priority for the Commission.

    The Commission’s proposal on a Payment Services Regulation (PSR) published in June 2023[3] and currently in co-decision procedure, includes additional fraud prevention measures. It also proposes to introduce new redress rights for consumers, for example in case of bank employee impersonation fraud.

    Data quality issues often stem from incomplete data submissions or methodological misclassifications by reporting agents. It is primarily the role of competent authorities at national level to follow-up on such issues where they occur.

    To further enhance data quality, the PSR proposal mandates the EBA to develop technical standards on the reporting of payment fraud data.

    This also aims to foster a more consistent application of the legal requirements and a more effective enforcement by competent authorities.

    • [1]  PSD2: OJ L 337, 23.12.2015, p. 35-127.
    • [2] https://www.eba.europa.eu/sites/default/files/2024-11/f03ee0c1-7258-4391-8bf1-578924956049/EBA%20Risk%20Assessment%20Report%20-%20Autumn%202024.pdf, p. 101-102.
    • [3]  COM/2023/367 final: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52023PC0367

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on the nomination of Lucian Romașcanu as a Member of the Court of Auditors – A10-0039/2025

    Source: European Parliament

     

    ANNEX 1: CURRICULUM VITÆ OF LUCIAN ROMAȘCANU

    ABOUT ME

    Married, two children

    Politician with top parliamentary and governmental experience with a wealth of prior experience in the private sector.

    Solid experience in working with public and European funds in the public positions held, minister, senator or head of a higher administrative territorial unit.

    EDUCATION AND TRAINING

    [ 2000 – 2002 ] Executive MBA

    University Of Washington, Seattle / ASEBUSS Bucharest

    City: Bucharest | Country: Romania |

    [ 1986 – 1991 ] BSc

    Academy Of Economic Studies

    City: Bucharest | Country: Romania |

    WORK EXPERIENCE

    [ 28/10/2024 – Current ] President

    Buzău County Council

    City: Buzău | Country: Romania

     uninominal elected position

     administrative coordination of Buzău county, 404 000 inhabitants and 87  administrative territorial units

     yearly budget – over EUR 100 million

    [ 21/12/2016 – 27/10/2024 ] Senator

    The Senate of Romania

    City: Bucharest | Country: Romania

    Various positions in the parliament of Romania:

     Chair, Culture and Media Committee

     President, Romanian parliament delegation to the Parliamentary Assembly of the Organization for Security and Co-operation in Europe (OSCE)

     Leader, Social-Democratic Party senators

    [ 11/2021 – 06/2023 ] Minister Of Culture

    Government of Romania

    City: Bucharest | Country: Romania

    • yearly budget – over EUR 300 million

     

    [ 06/2017 – 01/2018 ] Minister Of Culture

    Government of Romania

    City: Bucharest | Country: Romania

    • yearly budget – over EUR 270 million

    [ 2015 – 2016 ] Management Advisor to the President of the Board

    Romanian National Television

    City: Bucharest | Country: Romania

     100 % state owned

     5 TV Channels

     EUR 67 million yearly turnover

     2 450 employees

    [ 2012 – 2015 ] Managing Director

    Dogan Media International

    City: Bucharest | Country: Romania

     Turkish capital

     EUR 20 million yearly turnover

     over 400 employees

     32 % y-o-y revenue growth

    [ 2009 – 2012 ] General Manager

    Cancan Media

    City: Bucharest | Country: Romania

     EUR 8 million yearly turnover

     140 employees

     12% y-o-y revenue growth

    [ 2006 – 2009 ] Managing Director

    Ringier Romania

    City: Bucharest | Country: Romania

     Swiss capital

     EUR 30 million yearly turnover

     240 employees

    [ 2004 – 2006 ] Managing Director

    Best Print Services

    City: Bucharest | Country: Romania

     EUR 10 million yearly turnover

     110 employees

     financing negotiations, investment programme supervising

     ERP design and implementation

     18 % y-o-y revenue growth

    [ 2002 – 2004 ] General Manager

    HL Display Romania

    City: Bucharest | Country: Romania

     Swedish capital

     start-up

     EUR 1 million yearly turnover

     5 employees

     Accountable for the Profit and Loss (P&L) statement

     budgeting, revenue and cost control responsibility

     

    [ 1999 – 2002 ] Sales Director

    Ringier Romania

    City: Bucharest | Country: Romania

     Swiss capital

     sales team coordination (14 people)

     crafting sales strategy, planning action, setting sales objectives

     sales presentations delivered to media agencies, key clients; contract negotiation

    [ 1997 – 1999 ] Sales Director

    MediaPro Holding

    City: Bucharest | Country: Romania

     organising and harmonising the sales structures of the different group companies

     crafting sales strategy, planning action, setting sales objectives

     sales presentations delivered to media agencies, key clients; negotiating sales budgets responsibility, in depth reorganisation of the sales structure of 16 different companies

    [ 1993 – 1997 ] Country Representative Amorim Irmaos

    City: Bucharest | Country: Romania

     start-up

     EUR 4 million yearly turnover

     building the presence on the Romanian market, obtaining and maintaining the leader position (90 % market share)

    [ 1991 – 1993 ] Account manager

    Vinexport Trading Co.

    City: Bucharest | Country: Romania

     coordinating exports to Dutch, Canadian and Israeli markets

     taking part in negotiations, supervising deliveries, preparing export documents.

    MANAGEMENT AND LEADERSHIP SKILLS

    Team leader, good negotiator

     good teams coordination

     precise identification and delimitation of competences and hierarchies, multitasking with attention to detail

     analytical but also action and results oriented

     very good communication and presentation skills

     strong negotiation skills with different typologies or cultures

    COMMUNICATION AND INTERPERSONAL SKILLS

    Excellent communicator, adaptable and perseverant

     excellent interpersonal and communication skills within different environments, coordinating and motivating teams of various sizes

     committed, self-starter, dynamic, perseverant, adaptable, rapidly assimilating new information from various fields

    LANGUAGE SKILLS

    Mother tongue(s): Romanian

    Other language(s):

    English

    LISTENING C2 READING C2 WRITING C2

    SPOKEN PRODUCTION C2 SPOKEN INTERACTION C2

    French

    LISTENING B2 READING B2 WRITING B1

    SPOKEN PRODUCTION B1 SPOKEN INTERACTION B1

    Levels: A1 and A2: Basic user; B1 and B2: Independent user; C1 and C2: Proficient user

    DIGITAL SKILLS

    My Digital Skills

    Excellent command of Microsoft Office (Word, Excel, Outlook) | Proficiency of using computer and internet | Enterprise-Resource-Planning-Software (ERP) | Implement change management: from organisational changes to CRMs launch

    DRIVING LICENCE

    Motorbikes:  A

    Cars:  B

    HOBBIES AND INTERESTS

    Avid reader, passionate about sports and music

    ANNEX 2: ANSWERS BY LUCIAN ROMAȘCANU TO THE QUESTIONNAIRE

    Questionnaire for Candidates for Membership of the Court of Auditors

    Professional experience

    1. Please list your professional experience in public finance be it in budgetary planning, budget implementation or management or budget control or auditing.

     A:

     As manager in the private sector

    i. I proposed, negotiated, approved and controlled budgets of EUR tens of millions in the different companies I managed.

     

     As Senator in the Romanian Parliament:

    i. I discussed, amended and approved eight of the Romanian yearly budgets with all the activities involved in this laborious process.

    ii. I received, analysed, and was involved in amending, approving or rejecting the budgets of the institutions that operate directly under the supervision of the Senate of Romania – Romanian National Television, Romanian National Radio, the Romanian Cultural Institute, the Audio Visual Council, among others.

    iii. I was involved in top level decisions during major crises, including the pandemic and the energy crisis, where the budgetary impact and control over decisions was a key priority.

     

     As Minister of Culture

    i. I analysed past years’ budgets and drew conclusions on the performance of the previous budgets and implemented corrective measures where necessary.

    ii. I drew up the yearly budgets, negotiated them with the Ministry of Finance and presented them in front of the Romanian parliament – the yearly budget of the Ministry of Culture is about EUR 300 million.

    iii. I oversaw the execution of the yearly budgets both in terms of performance and legality.

    iv. I worked closely with the Romanian Court of Accounts in all aspects related to their activities concerning my ministry.

     

     As President of Buzau County

    i. I analysed the previous years’ budgets to allow me to draw conclusions on the County’s financial performance and subsequently prepared budgetary corrections for the next period.

    ii. I drew up the 2025 budget and supervised its approval by the County counsellors – the yearly budget is about EUR 110 million.

    2. What have been your most significant achievements in your professional career?

     A: Considering the scope of this questionnaire, I would list some of the achievements related to the financial and budgetary fields:

    i. In my first mandate as Minister, I was able to increase the budget of the Ministry of Culture by 47 % and oversaw an execution rate of more than 98 % without any adverse opinion from the Romanian Court of Accounts.

    ii. As the leader of the group of the Social Democratic Party senators I was a key actor in the negotiation and successful vote of the Romania’s annual budgets in due time.

    iii. As member of the Parliament during the COVID-19 crisis I was able, together with my colleagues, to ensure – through the necessary Parliamentary decisions – all the resources that the state needed to fight the pandemic and follow-up the way the resources were allocated and spent.

    3. What has been your professional experience of international multicultural and multilinguistic organisations or institutions based outside your home country?

     A:

    i. In the private sector I worked on top executive positions for multinational companies, where I exposed to different cultures within the organisations I worked for.

    ii. As a member of the Romanian parliament and a committee chair, I was constantly involved in activities of parliamentary diplomacy with representatives of different countries and cultures. As the President of the Romanian Parliament delegation to the Organization for Security and Co-operation in Europe (OSCE) I was involved in meetings, discussions and negotiations with representatives from more than 50 member countries.

    iii. As a minister I had the opportunity to have a full international agenda with meetings and negotiations with colleagues from different countries and cultures.

    4. Have you been granted discharge for the management duties you carried out previously, if such a procedure applies?

     A: The duties I carried out previously were not subject to a discharge procedure.

    5. Which of your previous professional positions were a result of a political nomination?

     A: For the past eight years of my career, I was in the public service following general or local elections and I was appointed twice as Minister of Culture. All positions were held as a member of the Social Democratic Party (PSD).

    6. What are the three most important decisions to which you have been party in your professional life?

     A: Having a career that spans over decades, there were several important decisions that made the difference, and I am proud of. I will mention three of them, which are relevant for the three main chapters of my career so far, in the private sector, government and parliament:

    i. One of my important decisions I made during my years as manager in the private sector was the deep restructuring of the division I was in charge of in within Ringier Romania, the result being that the newspaper and magazine titles in my portfolio accounted for 50 % of the group’s turnover and almost 100 % of the group’s profit.

    ii. As Minister of Culture, I was able to restructure and streamline the budget to allocate 270 % more money to domestic cultural projects than in the preceding year.

    iii. As a senator and group leader I supported, negotiated in the committees and got the votes for the investment programmes of the Government, including recovery and resilience fund (RRF) projects, which reached almost 7 % of Romania’s GDP in 2024.

    Independence

    7. The Treaty stipulates that the Members of the Court of Auditors must be ‘completely independent’ in the performance of their duties. How would you act on this obligation in the discharge of your prospective duties?

    A: If confirmed, as a Member of the Court of Auditors, I commit myself to carry out my duties in full independence and with the highest ethical standards, in the general interest of the European Union and of the European citizens, and in full respect of the Treaties’ provisions and the Rules of Procedure of the Court. I will fully comply with the provisions of the Code of conduct for ECA members and observe the ethical principles enshrined therein: integrity, independence, objectivity, competence, professional behaviour, confidentiality, transparency, dignity, commitment, loyalty, discretion and collegiality.

    I will neither seek nor take instructions from any government or other institution, body office, or entity. At the same time, I shall refrain from any action incompatible with my prospective duties, striving to set an example by my personal conduct. Even after the cessation of my duties, I undertake to ensure the confidentiality of information and respect the rules concerning appointments and benefits.

    In this role, I will ensure that the Court’s independence is rigorously protected and that my duties are performed with integrity, impartiality and a strong commitment to the highest standards of public service.

    8. Do you or your close relatives (parents, brothers and sisters, legal partner and children) have any business or financial holdings or any other commitments, which might conflict with your prospective duties?

     A: Neither I nor any member of my family have any business or financial interests that could give rise to a conflict of interest with the duties and responsibilities associated with the role of Member of the European Court of Auditors (ECA).

    9. Are you prepared to disclose all your financial interests and other commitments to the President of the Court and to make them public?

     A: Yes, I am ready to disclose all requested information and provide a declaration of interest in accordance with the European Court of Auditors’ Code of Conduct and ethical guidelines, ensuring complete transparency and accountability.

    10. Are you involved in any current legal proceedings? If so, please provide us with details.

     A: No, I am not involved in any current legal proceedings.

    11. Do you have any active or executive role in politics, if so at what level? Have you held any political position during the last 18 months? If so, please provide us with details.

     A: Yes, I am currently the leader of the Buzau County organisation of the Social Democratic Party and the national spokesperson of the party for all matters.

    12. Will you step down from any elected office or give up any active function with responsibilities in a political party if you are appointed as a Member of the Court?

     A: Yes, without any hesitation. Becoming a member of ECA means that I will put an end to my political career.

    13. How would you deal with a major irregularity or even fraud and/or corruption case involving persons in your Member State of origin?

     A: If such a case happens, I would handle it in the same manner as any other case of fraud in any other Member State, with the utmost independence and integrity, taking a fully impartial, objective, unbiased and professional approach.

     Upholding impartiality and integrity, respecting the rule of law, strictly following established policies, rules, and procedures, and ensuring fairness and equal treatment are all essential for any institution to function effectively and maintain the trust of EU citizens.

    Performance of duties

    14. What should be the main features of a sound financial management culture in any public service? How could the ECA help to enforce it?

    A: Within the framework set by the Financial Regulation, sound financial management is understood as budget implementation in compliance with the three principles of:

    i) economy

    ii) efficiency

    iii) effectiveness.

    Public funds must be used for the public good, upholding the fundamental principles of transparency and accountability, which are the two key pillars of good governance.

    I strongly believe that transparency, fairness and accountability, with a focus on performance as well, should be seen as the main features of implementing these principles and fostering a sound financial management culture in public service and these have been guiding elements in both my private and public-sector career.

    What is more, the challenging context we are facing requires that we all do our utmost to rebuild and strengthen citizens’ trust in public institutions and decision-making processes at national and European levels. In this regard, I see added value in a multilayered approach aiming to ensure that proper budgetary planning is accompanied by ethical governance and transparent reporting, followed by a thorough controlling and accountability process, all supported by clear and proactive communication efforts at each of these stages. Not least, I see merit in incorporating early risk analysis and mitigation in all stages described above, to ensure the best possible outputs.

     The ECA has the important role of helping to establish a culture of professional financial management and ensuring its sustainability across all EU institutions. The ECA delivers recommendations and monitors their implementation, both key activities for the above-mentioned role. Identifying best practices and issuing audit recommendations are essential ways to strengthen sound financial management. Furthermore, the ECA’s substantial moral authority can help inspire more transparent and accountable accounting practices throughout the EU.

     The ECA also plays a significant role in simplifying the legislative framework and administrative procedures where appropriate, contributing to effective financial management and facilitating necessary reforms. The EU needs simpler procedures with less bureaucracy, and the ECA can play a vital role in Europe’s simplification agenda.

    15. Under the Treaty, the Court is required to assist Parliament in exercising its powers of control over the implementation of the budget. How would you further improve the cooperation between the Court and the European Parliament (in particular, its Committee on Budgetary Control) to enhance both the public oversight of the general spending and its value for money?

    A: As a prospective Member of the Court of Auditors, I assure you of my commitment to building a relationship based on openness, transparency, mutual trust and efficiency between the European Parliament – in particular its Committee on Budgetary Control (CONT) – and the Court of Auditors. As we are still early in the current institutional and legislative cycle, I believe we need to work, from both sides, to further strengthen the connection between the two institutions and foster a culture of constant engagement between the CONT Committee and the ECA. As such, if confirmed, I would like to assure you of my full openness to dialogue and suggestions on how to improve and strengthen the Court’s contributions in support of the decision-making process in the CONT Committee, meant to allow Parliament to exercise its democratic oversight effectively, particularly when exercising its powers of control over the implementation of the budget. Also given the current difficult regional and international context, I cannot stress enough the importance of safeguarding the EU budget – both at EU and national levels – and I am aware that this is a prime concern for this Parliament and for the CONT Committee in particular.

     

    By working together, we can ensure that any expenditure of EU money is made in a legal, responsible, and accountable manner, having at heart the best interests of the EU and its citizens.

     Moreover, since Members of the European Parliament directly represent the interests of EU citizens, it is crucial to incorporate their perspectives to ensure the ECA’s work remains relevant to the challenges faced by EU citizens, while upholding the Court’s full independence in its work.

     

    16. What added value do you think performance auditing brings and how should the findings be incorporated in management procedures?

     

    A: Compliance audits, financial audits and performance audits complement each other. While compliance auditing verifies whether activities and programmes comply with applicable legal and regulatory requirements, performance auditing evaluates whether these activities and programmes have been executed optimally.

     

    In the context of the implementation of the current multi-annual financial framework for 2021-2027, the Court of Auditors has already recommended future-proofing EU funding for climate adaptation as part of the EU’s economic growth strategy, with implications for the EU’s competitiveness both internally and externally. This contributed to building a results-oriented approach and ensuring that financial decisions are properly translated into effective actions and solutions to the benefit of EU citizens.

     

    Building on this model, further actions could be envisaged in order to support the proper follow-up to the efficiency of spending on the EU’s competitiveness objectives, based on performance auditing, also taking into account the need to consider the EU’s overall development objectives.

     In the same logic, a stronger focus on performance could prove useful in support of the new Commission objectives related to simplification and accountability, also with respect to public procurement procedures. Performance-based evaluations could also consider the administrative costs at the level of Member States, as well as at the level of the business community. Performance auditing offers forward-looking insights, evaluating whether processes are functioning effectively to achieve the set targets and goals.

    Given the projected increased complexity of the EU financial instruments, accountability and traceability of EU funds becomes even more important, also as a prerequisite of the performance-based model, to be considered in the future endeavours of the Court of Auditors, as well as in the relationship with the other EU institutions with budgetary responsibilities – namely the European Commission and the European Parliament.

     That being said, we must always strive to make recommendations that are both relevant and practical, and that can be clearly understood and embraced by the audited entity, especially by the appropriate management level with the competence to implement them optimally in terms of time, cost, and resources.

     

    17. How could cooperation between the Court of Auditors, the national audit institutions and the European Parliament (Committee on Budgetary Control) on auditing of the EU budget be improved?

     A: At this stage, I cannot provide a definitive answer, as I have yet to assess the matter from the perspectives of either the Committee on Budgetary Control or ECA. Gaining practical experience at the Court of Auditors will be essential in forming a well-informed view.

     What is clear, however, is that the cooperation between the Court of Auditors and national audit bodies, as outlined in Article 287(3) of the Treaty on the Functioning of the European Union, is crucial for effective budgetary control. In the context of shared management, leveraging the expertise of national auditors is particularly important.  

     Maintaining an open dialogue with the budgetary and legislative authorities, national SAIs, and other stakeholders strengthen the institution’s relevance and the impact of its work.

    Both the European Parliament (through the CONT Committee) and national audit institutions that report to national parliaments are key stakeholders for the ECA, with a shared goal of safeguarding the EU budget and ensuring optimal use of EU taxpayers’ money. In this regard, the ECA should continue to share its relevant reports with national audit bodies and other institutions to keep them informed of its activities and to communicate its recommendations on pertinent policy areas.

    Therefore, I believe that a well organised, transparent exchange of information, a strong understanding of each side’s needs, and effective collaborative arrangements are key to success. Any actions taken must uphold the legal framework for cooperation, ensuring both the obligation to work in good faith and the independence of the Court of Auditors and national audit bodies.

    Moreover, I would encourage direct structured dialogue between the Contact Committee and the EP Committee on Budgetary Control, with regular exchanges on good practices and lessons learned, effective budget implementation and control, governance, transparency and accountability matters. Additionally, I believe that joint risk analyses could also be a part of this more structured dialogue, a common understanding on challenges and specific risk across the EU, and exchange on ways to address these.

    At its end, the European Parliament also plays a significant role in raising awareness of the ECA’s work and the EU budget control system among their constituents. Also, the Members of the European Parliament should help the audit authorities in their respective Member States to better understand the challenges they face in carrying out their duties.

    18. How would you further develop the reporting of the ECA to give the European Parliament all the necessary information on the accuracy of the data provided by the Member States to the European Commission?

    A: High-quality reporting is based mainly on the quality of data provided. ECA evaluation and reporting depends on the quality of the data provided, especially since it supports the European Parliament in consolidating its budgetary decisions.

    In this respect, also considering that European statistics are public goods, and building on the current Regulation on European Statistics, it is important to analyse, in dialogue with the European Commission and the other institutions, how the current system could be improved to focus on new data sources, new technologies and insights generated by the digital era, as to ensure that the data provided reflect the new set of challenges and economic realities in order to support the reasoning of EU decisions and policy objectives.

    Always remembering that the Court itself has limited resources and must best use them to report its work.

    Other questions

    19. Will you withdraw your candidacy if Parliament’s opinion on your appointment as Member of the Court is unfavourable?

    A: As a former member of the Romanian parliament and former committee chair, I have full respect for the decisions of the European Parliament. In this respect, if any doubts were raised about my integrity or independence, I would of course consider, after discussions with my Member State, withdrawing my nomination. I would also carefully consider the views and discussions in the Budgetary Control Committee regarding the areas of professional improvement and act accordingly.

    Nevertheless, since I was nominated by the Romanian Government and the procedure under the TFEU states that the Council has the final decision, I consider that following the full procedure is the correct way to act that respects all the institutions involved.

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    The rapporteur declares under his exclusive responsibility that he did not receive input from any entity or person to be mentioned in this Annex pursuant to Article 8 of Annex I to the Rules of Procedure.

     

    INFORMATION ON ADOPTION IN COMMITTEE RESPONSIBLE

    Date adopted

    18.3.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    22

    2

    5

    Members present for the final vote

    Georgios Aftias, Gilles Boyer, Caterina Chinnici, Tamás Deutsch, Dick Erixon, Daniel Freund, Gerben-Jan Gerbrandy, Niclas Herbst, Monika Hohlmeier, Virginie Joron, Kinga Kollár, Giuseppe Lupo, Marit Maij, Claudiu Manda, Csaba Molnár, Fidias Panayiotou, Jacek Protas, Julien Sanchez, Jonas Sjöstedt, Carla Tavares, Tomáš Zdechovský

    Substitutes present for the final vote

    Maria Grapini, Erik Marquardt, Bert-Jan Ruissen, Vlad Vasile-Voiculescu, Annamária Vicsek

    Members under Rule 216(7) present for the final vote

    Andrzej Halicki, Valentina Palmisano, Georgiana Teodorescu

     

     

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – The impact of red tape on European competitiveness – E-001084/2025

    Source: European Parliament

    Question for written answer  E-001084/2025
    to the Commission
    Rule 144
    Nora Junco García (ECR), Diego Solier (ECR)

    The recent study by the ifo Institute in Germany confirms what the European business sector has been denouncing for years: the bureaucratic burden imposed by national and European regulations is stifling competitiveness and economic growth. The figures are stark.

    German workers spend 22 % of their time on administrative tasks, at a cost of EUR 150 billion per year.

    This structural problem is the result of an administration obsessed with control and regulation. Instead of facilitating business development, the EU imposes regulations that slow down innovation, discourage investment and force companies to divert valuable resources towards complying with unnecessary administrative requirements.

    The Commission’s ‘Competitiveness Compass’ is another example of the disconnection between economic reality and EU bureaucracy. Grand statements about reducing administrative burdens do not translate into real changes. SMEs, Europe’s economic engine, suffer the consequences of these short-sighted policies. The proof of this is the AI Act, the excessive regulation of which will hamper European technological development while the US and China move ahead unimpeded.

    • 1.Does the Commission recognise that its regulatory policy is damaging European competitiveness and encouraging relocation?
    • 2.What concrete steps will it take to ensure that cutting red tape is real and not merely a declaration of intent?
    • 3.How will the Commission ensure that regulations such as the AI Act do not stifle technological development in Europe?

    Submitted: 13.3.2025

    Last updated: 24 March 2025

    MIL OSI Europe News

  • MIL-OSI Security: Morgantown Construction Company Owner Admits to Harboring Illegals, Tax Fraud

    Source: Office of United States Attorneys

    CLARKSBURG, WEST VIRGINIA – Hetzon Marroquin Reyes, owner and operator of A&M Homes, LLC, in Morgantown, West Virginia, has admitted to harboring illegal aliens for financial gain and tax interference.

    According to the court documents and statements made in court, Reyes, also known as “Hector,” age 40, hired and harbored illegal aliens to work for his construction company. Reyes created fraudulent driver’s licenses and immigration forms to provide to the West Virginia Division of Labor inspectors. Reyes also used social security numbers issued to persons other than the illegal employees for tax purposes. In some cases, the social security numbers used actually belonged to deceased individuals.          

    “We are committed to protecting the integrity of the United States’ immigration system and to prevent the exploitation of that system for any purpose including commercial advantage and private financial gain,” stated Acting United States Attorney Randolph J. Bernard.  “Those, like the defendant, who choose to violate the law for a perceived profit will do so at their peril and at the expense of a substantial fine and imprisonment.”

    Reyes faces up to 10 years in federal prison for the harboring charge and faces up to three years for the tax interference count. A federal district court judge would determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant U.S. Attorney Jarod Douglas is prosecuting the case on behalf of the government.

    The case was investigated by the Department of Homeland Security, the Internal Revenue Service-Criminal Investigations, and the Social Security Administration-Office of Inspector General.

    U.S. Magistrate Judge Michael John Aloi presided.

    This case is part of Operation Take Back America [link], a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    MIL Security OSI