Category: Business

  • MIL-OSI Banking: Amortisation of additional pension liability – Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 – Prudential Regulatory Treatment

    Source: Reserve Bank of India

    RBI/2024-2025/127
    DOR.ACC.REC.No.67/21.04.018/2024-25

    March 20, 2025

    Madam / Sir,

    Amortisation of additional pension liability – Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 – Prudential Regulatory Treatment

    In terms of NABARD circular NB.DoS.Pol.HO/2533/J-1/2019-20 dated December 12, 2019, Regional Rural Banks (RRBs) were earlier permitted to amortise their pension liability on account of RRB (Employee) Pension Scheme 2018 over a period of five years, beginning with financial year ending March 31, 2019. RRBs are now required to implement the pension scheme with effect from November 1, 1993. However, in view of the difficulties expressed in absorbing the increased liability in a single year, it has been decided that RRBs may take the following course of action in the matter:

    1. The liability on account of applicability of pension scheme shall be fully recognised as per the applicable accounting standards.

    2. The expenditure, on account of revision in the pension, may, if not fully charged to the Profit and Loss Account during the financial year 2024-25, be amortised over a period not exceeding five years beginning with the financial year ending March 31, 2025, subject to a minimum of 20 per cent of the total pension liability involved being expensed every year.

    3. Appropriate disclosure of the accounting policy followed in this regard shall be made in the ‘Notes to Accounts’ to the financial statements. Banks shall also disclose the amount of unamortised expenditure and the consequential net profit if the unamortised expenditure had been fully recognised in the Profit & Loss Account.

    4. Pension related unamortised expenditure would not be reduced from Tier 1 Capital of the RRBs.

    Applicability

    2. This circular is applicable to all the RRBs with effect from financial year 2024-25.

    3. The Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021 shall be updated suitably to reflect these changes.

    Yours faithfully,

    (Usha Janakiraman)
    Chief General Manager-in-Charge

    MIL OSI Global Banks

  • MIL-OSI: SIGNING OF PRIMARY DEALER AGREEMENTS

    Source: GlobeNewswire (MIL-OSI)

    Today the Government Debt Management on behalf of the Treasury and primary dealers signed agreements regarding issuance and market making in Treasury securities. The objective of the agreements is to maintain the Treasury’s access to financing, to enhance price formation in the secondary market for Treasury securities and promote an active system of benchmark issues in Iceland.

    As of 1 April 2025, five financial institutions have been appointed as “primary dealers in Treasury securities”. They are: Arion Banki hf., Fossar Investment Bank hf., Islandsbanki hf., Kvika banki hf. and Landsbankinn hf.

    The following bullet points describe the main content of the primary dealer agreement:

    • Primary dealers have exclusive access to regular auctions of Treasury securities.
    • Primary dealers have exclusive access to special facilities such as repurchase agreements offered by the Government Debt Management on behalf of the Treasury.
    • Primary dealers are obliged to submit bids at each auction for a minimum of 100 m.kr. nominal value.
    • Primary dealers are Market Makers in the secondary market for government bond series. They are obliged to submit bid and ask offers on the stock exchange for at least 60 to 100 m.kr. nominal value in each benchmark series (as laid out in the agreements).
    • Primary dealers are in their bid and ask quotes governed by maximum spreads as laid out in the agreements.
    • Primary dealers are obliged to renew their offers within ten minutes after execution of transaction. The primary dealer is entitled to depart from the maximum spread requirement if certain conditions are fulfilled.
    • The agreement is valid from 1 April 2025 to 31 March 2026.

    Further information can be obtained from Björgvin Sighvatsson, head of the Government Debt Management at +354 569 9600.

    The MIL Network

  • MIL-OSI United Kingdom: UK and Peru sign an agreement to promote infrastructure development through public-private collaboration

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK and Peru sign an agreement to promote infrastructure development through public-private collaboration

    The Peruvian Private Investment Promotion Agency (ProInversión) and the British Embassy signed a Memorandum of Understanding to promote the development of sustainable social, logistics, and transport infrastructure in the country.

    Executive Director of ProInversion Peru and British Ambassador to Peru

    Lima, March 20, 2025.

    The Private Investment Promotion Agency (ProInversión) and the British Embassy signed a Memorandum of Understanding to promote the development of public-private partnerships for the operation and maintenance of infrastructure developed through Government-to-Government (G2G) Agreements.

    Likewise, other significant aspects of the collaboration include the promotion of standardized and collaborative NEC contracts in Public-Private Partnerships, the development of innovative strategies and mechanisms for infrastructure development in the country, and the sharing of best practices and lessons learned in public-private collaboration and infrastructure project management.

    The agreement was signed on Wednesday, March 19, 2025, by ProInversión’s Executive Director, Luis Del Carpio, and the British Ambassador to Peru, Gavin Cook.

    ProInversión is a specialized technical organization that promotes private investment through Public-Private Partnerships, Projects in Assets, and Works for Taxes. This agency has played a fundamental role in closing gaps in infrastructure and the provision of public services. In the last 22 years, ProInversión has awarded 243 projects for nearly $47 billion, generating public value for citizens by promoting private investment through various mechanisms. ProInversión Executive Director Luis Del Carpio stated:

    This agreement marks the beginning of a new era of cooperation between ProInversión and the British Embassy. We will share experiences in the development of infrastructure and public services and promote public-private collaboration.

    To implement this agreement, the British Ambassador announced the creation of the “UK-Peru Joint Technical Committee for the Promotion of Private Investment.” This forum will allow for the coordination, prioritization, and implementation of work agenda items.

    British Ambassador Gavin Cook emphasized:

    We are taking concrete actions to expand opportunities for collaboration and innovation where we not only contribute to infrastructure development but also to the delivery of quality services in the most efficient, transparent, and sustainable manner.

    Updates to this page

    Published 21 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The UK opposes any attempt to forcibly annex land in Gaza or expand settlements in the West Bank: UK statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments

    Speech

    The UK opposes any attempt to forcibly annex land in Gaza or expand settlements in the West Bank: UK statement at the UN Security Council

    Statement by Ambassador James Kariuki, UK Deputy Permanent Representative to the UN, at the UN Security Council meeting on the Middle East.

    We welcome this opportunity to discuss the evolving situation in the Occupied Palestinian Territories. 

    First, I’ll address recent developments in Gaza.  

    This week saw more bloodshed return to the Gaza strip.

    It is appalling that hundreds of Palestinians have been killed following Israeli strikes since 18 March.

    We strongly oppose Israel’s resumption of hostilities. 

    Escalation and endless violence is in nobody’s interests.   

    We are outraged that a UN compound in Gaza was hit on Wednesday morning. 

    Our thoughts are with the victims and their families. 

    There must be a full investigation into what happened. 

    We urge all parties to return to dialogue and to implement the ceasefire agreement in full. 

    This must include the return of the 59 hostages who have been cruelly held by Hamas for over 500 days.

    As we said in the Council yesterday, Hamas must be held accountable for their depraved actions. 

    We also call on Israel to immediately restore humanitarian access and electricity to Gaza.

    Refusing to do so risks breaching international humanitarian law. 

    Second, President, we must look to the future and redouble our efforts to secure long-term peace for Israelis and Palestinians. 

    This means a credible plan to allow Palestinians in Gaza to return home and rebuild their lives, with Hamas removed from power. 

    To be clear, we oppose any attempt to forcibly annex land in Gaza.

    We welcome the Arab initiative of a recovery and reconstruction plan for Gaza and we urge all parties to engage constructively with it.

    Sustainable peace also means addressing worrying developments in the West Bank. 

    We are seriously concerned by the scale of the Israeli miliary operation in the West Bank and the displacement of nearly 40,000 Palestinian refugees. 

    We recognise Israel’s right to self defence, but civilians must be protected, and Israel must ensure its operations are proportionate to the threat posed.    

    Israel must halt settlements which are illegal and undermine the viability of a Palestinian state and the security of both Israelis and Palestinians.  

    Violent settlers must be held to account.

    The UK has introduced three rounds of sanctions on violent settlers and their supporters to bring accountability for abuses of human rights, in the absence of sufficient Israeli action. 

    We will consider all further options.  

    Reports of the killing of Palestinian civilians in the West Bank, including children, are abhorrent. 

    The IDF must take all precautions to prevent civilian deaths, and must investigate civilian deaths thoroughly and demonstrate full accountability to the law.    

    The level of restrictions on Palestinian movement in the West Bank are crippling. 

    These only fuel further instability. 

    It is important, especially during the month of Ramadan, that religious freedoms are respected.  

    Restrictive visa and registration processes are also deeply concerning. 

    Israel must ensure the UN, including UNRWA, can provide essential humanitarian and service delivery in a safe and secure environment.   

    President, seventeen months on from the dreadful attacks of 7 October, we urge all parties to implement the ceasefire agreement in full and to work towards a two-state solution with a safe and secure Israel alongside a viable and sovereign Palestinian State. 

    This is the best way to deliver a peaceful future for Israelis and Palestinians alike.

    Updates to this page

    Published 21 March 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Small Business Administration Announces Agency-Wide Reorganization

    Source: United States Small Business Administration

    WASHINGTON, D.C. – Today, pursuant to EO 14210, the U.S. Small Business Administration (SBA) announced its plans for an agency-wide reorganization. To return to its founding mission of empowering small businesses, and to restore accountability to taxpayers, the agency will reduce its workforce by 43% – ending the expansive social policy agenda of the prior Administration, eliminating non-essential roles, and returning to pre-pandemic staffing levels.

    The strategic reorganization will begin a turnaround for the agency by restoring the efficiency of the first Trump Administration, as well as its focus on promoting small businesses. Core services to the public, including the agency’s loan guarantee and disaster assistance programs, as well as its field and veteran operations, will not be impacted.

    The SBA’s reorganization will enable the agency to become a dynamic and efficient force for small businesses, manufacturing, and job creation in support of President Trump’s economic agenda. SBA will refocus its resources on the core missions of supplying capital, fostering innovation, supporting veteran small business owners, providing field support, and delivering timely disaster relief.

    Key features of SBA’s reorganization include:

    • Promoting business formation and growth by shifting resources to expand capital formation functions and personnel, removing the emphasis from partisan programs of the past.
    • Prioritizing risk management and fraud prevention by centralizing these functions within the Office of the Chief Financial Officer, in the effort to restore integrity to agency programs, audits, and financial statements.
    • Expanding disaster response support by transferring disaster loan servicing functions and additional personnel into the Office of Disaster Recovery and Resilience. Additionally, the agency will cross-train field office personnel to support disaster recovery efforts.
    • Eliminating redundant pandemic-era positions associated exclusively with processing pandemic-era loans within the Office of Capital Access.
    • Ensuring that 30% of the agency is located in the field, by decentralizing services and working to better serve Main Streets across America.
    • Promoting veteran businesses and American manufacturing by preserving existing staffing levels within the Office of Veterans Business Development and the Office of Manufacturing and Trade.
    • Exempting key accountability offices from reductions at this time including the Office of Advocacy and the Office of the Inspector General.

    Much of the reorganization is targeted to reverse the broad and costly expansion of the SBA under the Biden Administration. Since the pandemic, the agency has nearly doubled in size, in part to support a suite of new progressive programs like the Green Lender Initiative, the Community Navigator Pilot Program, and DEI activities. This partisan agenda, promoted at the expense of America’s small businesses, predictably led to the deterioration of SBA’s services and financial performance. An estimated $200 billion in Paycheck Protection Program (PPP) and Covid Economic Injury Disaster Loan (EIDL) fraud was ignored for four years. Meanwhile, irresponsible Biden-era changes to the 7(a) loan program generated rising defaults and delinquencies, as well as negative cash flow for the first time in over a decade – which will have future, multi-year consequences for the program.

    “The SBA was created to be a launchpad for America’s small businesses by offering access to capital, which in turn drives job creation, innovation, and a thriving Main Street. But in the last four years, the agency has veered off track – doubling in size and turning into a sprawling leviathan plagued by mission creep, financial mismanagement, and waste. Instead of serving small businesses, the SBA served a partisan political agenda – expanding in size, scope, and spending,” said SBA Administrator Kelly Loeffler.

    “Just like the small business owners we support, we must do more with less. We have therefore submitted plans to pursue a strategic restructuring that will realign the agency and its resources with our founding mission. By eliminating non-mission-critical positions and consolidating functions, we will revert to the staffing levels of the last Trump Administration, which supported a historic economic boom. We will return our focus to driving private sector growth and delivering disaster relief with accountability, efficiency, and results.”

    Under the reorganization plan, the agency will eliminate approximately 2,700 active positions out of a total active workforce of nearly 6,500 through voluntary resignations, the expiration of COVID-era and other term appointments, and a limited number of reductions in force (RIFs).

    The average salary of an SBA employee is over $132,000 – more than double the national average wage. The reduction in workforce will save taxpayers more than $435 million annually by FY26.

    SBA’s reorganization plan will provide for the preservation of public services through a strategic transfer of duties. It will be actioned in the coming weeks.

    ###

    About the U.S. Small Business Administration
    The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and 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: No. 8/2025 – Next phase of the Moje Bielany residential development – zoning decision obtained

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen                                                                                   
    Nikolaj Plads 6
    DK-1067 Copenhagen K   

    Copenhagen, 21 March 2025
    ANNOUNCEMENT no. 8/2025

    Next phase of the Moje Bielany residential development – zoning decision obtained

    CeMat A/S has taken another step towards fulfilling its 2025-2027 strategy by obtaining a binding individual zoning decision for a residential development on a 4,797 sqm plot. This plot is part of a larger 13,303 sqm site, located in the Bielany district of Warsaw, Poland as of 24 March 2025, 13,402 sqm (8.4%) of the total 159,300 sqm land area in the Bielany district has been successfully re-zoned.

    According to the new zoning decision and initial analyses, the site has the potential to accommodate between 119-128 residential units, with a total usable area ranging from 5,900 to 6,400 sqm. The final figures will be confirmed in the building permit process. This zoning decision marks the commencement of the next phase of the Moje Bielany project.

    Pre-development activities, building permits, the pre-sale process, and bank financing are required to commence construction. Construction is expected to begin in mid-2026.

    Following the zoning approval, CeMat has reassessed the fair value of the re-zoned part of the plot. Based on a Cushman & Wakefield report, the re-zoned property has an “as is” fair value of PLN 13.07 million (2024 report: PLN 2.99 million), or approximately DKK 23.26 million (2024 report: DKK 5.24 million).

    As a result of this increase in property value, an additional DKK 18 million will be recognized in the company’s financial results for the year 2025.

    Progress on the Moje Bielany project

    In the first phase of the Moje Bielany project, CeMat successfully sold 79% of the flats, achieving an expected development margin in the range of 21-22%.

    Cemat A/S

    Frede Clausen
    Chairman of the Board

    This announcement has been prepared in a Danish-language and an English-language version. In case of doubt, the Danish version prevails.

    Attachment

    The MIL Network

  • MIL-OSI: BexBack Launches No KYC, 100x Leverage Crypto Futures Trading for All, Double Deposit Bonus

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 21, 2025 (GLOBE NEWSWIRE) — Following President Donald Trump’s announcement to include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) in the U.S. Strategic Crypto Reserve, the cryptocurrency market has experienced significant volatility. The Federal Reserve’s stance on cryptocurrencies has remained largely unchanged. As a result, analysts predict continued fluctuations in the market. Simply holding spot positions may not generate profits in such an environment. 100x leverage futures trading has become the preferred tool for experienced investors looking to maximize returns from market volatility. To meet the growing demand, BexBack Exchange is offering exclusive promotions:

    • 100% Deposit Bonus – Double your funds instantly.
    • $50 Welcome Bonus – Available for new users after completing their first trade.
    • 100x Leverage on Crypto Trading – Maximize your potential profits.
    • No KYC Required – Start trading immediately without identity verification.

    What Is 100x Leverage and How Does It Work?

    100x leverage allows traders to open significantly larger positions with a small amount of capital. Here’s an example:

    • Suppose Bitcoin is priced at $100,000, and a trader opens a 1 BTC long position using 100x leverage.
    • The actual trading position would be equivalent to 100 BTC.
    • If Bitcoin rises to $105,000, the profit calculation would be:
      (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, resulting in a 500% return.

    With BexBack’s 100% deposit bonus, traders can amplify their profits even further:

    • If the initial deposit is 2 BTC, the bonus doubles it to 4 BTC.
    • Under the same scenario, the profit would increase to 10 BTC, making the return on investment an impressive 1000%.

    It is important to note that while leverage increases profit potential, it also comes with the risk of liquidation, so risk management is essential.

    How Does the 100% Deposit Bonus Work?

    BexBack’s 100% deposit bonus cannot be directly withdrawn but can be used to open larger trading positions and increase profit potential. During times of significant market fluctuations, the bonus can also serve as additional margin, helping reduce the risk of liquidation.

    About BexBack

    BexBack is a leading platform offering 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It’s trusted by 500,000+ traders worldwide and provides:

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    • High-Leverage Trading – Trade with up to 100x leverage for enhanced capital efficiency.
    • $50 Welcome Bonus – New users receive $50 after completing one trade within one week of registration.
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    Sign up today to claim your 100% deposit bonus and $50 welcome bonus, and start trading with 100x leverage!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack.The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1266ae45-cedf-4a51-8364-55f9da3af7a8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/231a4aa3-ddea-464f-8058-239958757083

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e412633b-80e1-4822-b7b7-e8ce0c30da3c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/640532ce-49d1-4df2-851b-43251ffb8fc0

    The MIL Network

  • MIL-OSI: Form 8.3 – NIOX Group Plc

    Source: GlobeNewswire (MIL-OSI)

    8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Rathbones Group Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    NIOX Group Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    20/03/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.08p Ordinary Shares
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 34,389,506 8.64%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    34,389,506 8.64%    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.08p Ordinary Shares Purchase 5,200 73.52p
    0.08p Ordinary Shares Sale 5,440 72.7646p
    0.08p Ordinary Shares Sale 14,300 75.232p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? No
    Date of disclosure: 21/03/2025
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at.

    The MIL Network

  • MIL-OSI Europe: ASIA/CHINA – New church in Yiwu named after Saint Joseph: Home to the world’s largest wholesale market

    Source: Agenzia Fides – MIL OSI

    by Marta ZhaoBeijing (Agenzia Fides) – The new church, recently inaugurated in Yiwu, in the diocese of Hangzhou, capital of Zhejiang Province, is named after Saint Joseph, Patron Saint of missions in China. And the mission entrusted to the local parish is unique, considering the location of the new parish. Indeed, Yiwu is home to the world’s largest wholesale market for small goods. It is also the starting point for many of the devotional objects sold in churches, parishes, and religious shops around the world, including those around the Vatican. Chinese merchants and businessmen from all over the world can now also visit the new church to pray, receive the sacraments, or perhaps experience the Christian proclamation for the first time. The new church was consecrated by Bishop Joseph Yang Yongqiang of Hangzhou on March 18, the eve of St. Joseph’s Day. The following day, the Feast of the Spouse of the Virgin Mary, the bishop administered the sacrament of Confirmation to approximately 40 adults of the new parish. More than 2,000 faithful participated in the ordination liturgy, celebrated by 23 priests from Hangzhou, the Diocese of Wenzhou, and Ningbo, together with the bishop.Retracing the parish’s history, Bishop Joseph Yang recalled that “the church is a home, a place of love and affection,” and thanked St. Joseph, who intercedes for the local Church as Patron of the mission in China. The city of Yiwu is located 300 kilometers from Shanghai. According to local statistics, there are more than 1,000 Catholics and nearly 20,000 Christians of other denominations. In addition, baptized businessmen, both from China and abroad, come to the city to work.Until 2001, there was no Catholic place of worship in this international hub. With the region’s economic growth, Chinese and foreign Catholics who do business, run factories, study, and work in Yiwu began to gather for prayer in private homes. In 2007, 500 Catholics gathered to celebrate Christmas together. On June 14, 2008, a Catholic church was opened in Yiwu that could accommodate approximately 200 people. Gradually, a faithful and vibrant community has emerged in this center of global trade, welcoming those who come from far away to work in the city. The diocese has sent three priests to oversee the pastoral care of the local community, which can now also count on the new St. Joseph’s Church to fulfill its mission of proclaiming the Gospel to the merchants at the Yiwu wholesale market.Masses are already being celebrated in Chinese, English, and Korean in the new church. Yiwu is a county-level city in Zhejiang Province and belongs to the Diocese of Hangzhou. In 2005, the United Nations, the World Bank, Morgan Stanley, and other international financial agencies jointly published the report “Shocking the World of China’s Numbers,” which described the Yiwu market as “the world’s largest wholesale market for small goods.” (Agenzia Fides, 21/3/2025)
    Share:

    MIL OSI Europe News

  • MIL-OSI: XRP News: XploraDEX Set to Bring AI-Powered Trading Algorithm to XRP Ledger – Don’t Miss The $XPL Presale!

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 21, 2025 (GLOBE NEWSWIRE) — The XRP Ledger has long been a leader in speed, efficiency, and low fees, but there’s been one critical missing piece, a truly intelligent, AI-powered trading platform. While other blockchains have leveraged AI to dominate DeFi, XRP traders have been left behind until now.

    XploraDEX is here to change that! As the first AI-powered decentralized exchange (DEX) built on XRPL, XploraDEX is set to revolutionize XRP trading by bringing machine-learning-driven automation, predictive analytics, and high-speed execution to every trader.

    And here’s the kicker the $XPL PreSale is Live, and smart investors are already securing their positions! Don’t wait until AI trading becomes the new normal—get in early and stay ahead of the curve!

    GET XPL TOKENS NOW

    Why XRP Desperately Needs an AI-Powered Trading Platform

    The manual trading method is broken. The crypto markets are fast, volatile, and unforgiving. Human traders are constantly fighting against bots, institutions, and high-frequency trading algorithms, making it nearly impossible to stay consistently profitable.

    Here’s why XRP traders have been struggling:

    Emotional Trading – Fear, greed, and FOMO lead to bad decisions and lost profits.

    Slow Execution – By the time you react to market moves, it’s too late.

    Missed Opportunities – The best trades happen in milliseconds, far faster than any human can execute.

    High Market Volatility – Without AI-driven insights, it’s easy to get liquidated or stuck in bad trades.

    This is why AI trading has taken over traditional finance—and now, it’s finally coming to XRPL!

    PARTICIPATE IN $XPL PRESALE

    How XploraDEX Fixes XRP Trading Forever

    XploraDEX brings AI-powered automation to XRP trading, solving all of the major pain points that have been holding traders back. With $XPL Token at its core, XploraDEX allows traders to:

    Trade Like the Pros – AI-driven algorithms execute trades at optimal price points with lightning speed.

    Stay Ahead of Market Trends – Predictive analytics scan real-time data to find the best opportunities.

    Eliminate Human Error – Let AI remove emotions, hesitation, and indecision from your trades.

    Capitalize on Arbitrage & High-Frequency Trading (HFT) – AI bots detect price inefficiencies across XRPL and exploit them instantly.

    Optimize Liquidity & Minimize Slippage – AI automatically manages liquidity pools to ensure smooth, cost-effective trading.

    $XPL Pre-Sale Round is Live!

    The XPL Token Presale is already attracting major interest, early investors will gain first-mover advantages!

    Buy $XPL Tokens Now: https://sale.xploradex.io

    In Conclusion

    The biggest winners in crypto are the ones who position themselves early before the masses catch on. XPL holders will have access to the most powerful AI trading tools in XRP DeFi. the whales are already accumulating.

    Don’t wait until AI is the new standard—Participate in $XPL Presale Round now and stay ahead: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bc09bbb6-8b0e-494a-aa58-7161b4f9d8b3

    The MIL Network

  • MIL-OSI Global: How to write your own physics poem

    Source: The Conversation – UK – By Sam Illingworth, Professor of Creative Pedagogies, Edinburgh Napier University

    NASA images/Shutterstock

    Physics and poetry might seem like an unlikely pair, but both are rooted in structure, rhythm and precision. Both rely on clarity – distilling complex ideas into their simplest, most elegant form. And, as I explore in my latest book The Poetry of Physics, both seek to capture something fundamental about the universe.

    Some physicists have embraced this connection. James Clerk Maxwell, the Scottish physicist and mathematician behind the classical theory of electromagnetic radiation, wrote verse about atoms, thermodynamics and imposter syndrome. Rebecca Elson, an astrophysicist studying dark matter, wrote poems that fused cosmic exploration with human fragility. Their work reminds us that physics is not just about numbers – it is about patterns, motion and meaning.

    Writing poetry about science can seem daunting. But structure helps. Just as scientific experiments follow a method, poetic forms can provide a scaffold that can shape your ideas and guide your writing, giving you boundaries within which to explore.

    Form matters. The structure of a poem can mirror the scientific idea it describes, making both the form and the content work together. A nonnet, for example, is a perfect choice for writing about loss, decay, or transformation.

    A nonnet is a nine-line poem that starts with a line of nine syllables and decreases by one syllable per line, ending with a single-syllable word. This structure creates a natural sense of diminishing, making it ideal for exploring physical processes like entropy, energy loss, or the melting of sea ice. The shrinking lines do not just tell the story – they embody it, visually and rhythmically reinforcing the concept.

    Take entropy for example. Entropy is a measure of disorder or randomness within a system. A system with high entropy is more chaotic, while a system with low entropy is more structured. According to the second law of thermodynamics, the total entropy of an isolated system can only increase or remain constant – it never decreases. This natural progression toward disorder can be creatively captured through a nonnet, a poetic form that mirrors the gradual decline of structure.

    The tea cools, spreading its warmth outward

    Molecules slow, drift apart, fade

    Heat unwinds in quiet waves

    Order gives way to chance

    Each moment less still

    Motion dissolves

    Atoms hum

    Time flows

    Gone

    The structure mirrors the process it describes – just as the syllables fall away, so too does energy, dissipating into the surroundings. The poem does not just explain entropy; it makes you feel it.

    Writing your own physics poem

    To start, choose a scientific concept with a natural progression – something that grows, collapses, fades or transforms. A black hole swallowing light. The cooling of a neutron star. The flickering of a quantum state.

    Once you have your subject, let the structure guide you. The longest line should introduce the concept, setting up the movement that follows. Each line should shrink not just in syllables but in intensity, following the physical process you are describing. Keep the language clear and simple – both physics and poetry thrive on precision.

    Most importantly, let the poem take its time. Writing is like experimentation – your first attempt is rarely your final result. Refine, adjust and revise until the form and meaning align.

    Once you have experimented with a nonnet, you may want to explore other poetic forms. Different structures can emphasise different aspects of physics, shaping the way the subject is presented and experienced. Perhaps a haiku, a villanelle, or maybe even a sestina?

    Eventually, as in physics, structure should not confine you. It should empower you. Just as quantum mechanics could only emerge after centuries of classical physics, free verse poetry becomes most effective once you understand the forms it is breaking away from. Poetic structure teaches control, rhythm and precision. It helps you learn how to balance content and form, just as classical mechanics teaches foundational principles that underpin later discoveries.

    Once you are comfortable with structured poetry, try letting go. Write about physics with no predetermined form. Let the language shape itself. See where the words take you.

    And when you have something you are happy with, why not share it? The Brilliant Poetry Competition 2025 invites writers from around the world to explore the connections between science and poetry. This year’s competition is themed around UNESCO’s international year of quantum science and technology, with prizes of up to £1,000 and entries accepted in English, French and Spanish.

    Physics is already rich with poetry. Its rhythms are found in the orbits of planets, its symmetry is woven into the fabric of the universe, its surprises are hidden in the flicker of quantum states. Writing a physics poem is not about forcing science into art but about recognising the poetry that is already there. The universe is waiting. Now, all you need to do is write.

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

    ref. How to write your own physics poem – https://theconversation.com/how-to-write-your-own-physics-poem-252647

    MIL OSI – Global Reports

  • MIL-OSI Global: From hempseed gruel to CBD: the curious history of cannabis as health product

    Source: The Conversation – UK – By Lauren Alex O’Hagan, Research Fellow, School of Languages and Applied Linguistics, The Open University

    H_Ko/Shutterstock

    The cannabis-derived product CBD has been hailed “the wonder drug of our age”, offering potential health benefits without the high. From juices and coffee to truffles and ice cream, CBD products have flooded the market for consumers looking for an answer to health problems from anxiety to insomnia.

    But with CBD products in the UK and EU falling under “novel foods” regulations rather than pharmaceutical standards, they aren’t subjected to the same rigorous safety and quality controls as drugs. The UK’s Committee on Toxicology has even flagged potential health risks, such as liver injury, leading the Food Standards Agency to issue safety guidance.

    The regulatory gaps and health concerns of today reflect those of the 19th century when cannabis products were commercialised by the food industry.

    In the 1830s, William Brooke O’Shaughnessy, an Irish doctor, discovered that cannabis was effective in treating muscle spasms and stomach cramps. French psychiatrist Jacques-Joseph Moreau later explored its potential for mental illness. This led many 19th-century doctors to champion cannabis as a cure-all.

    It wasn’t long before patent medicine manufacturers began using cannabis as a common ingredient in their formulas. But soon, cannabis wasn’t just in pharmacies – it was in food.

    Surprisingly, this shift was not driven by the food industry, but by the free church environment in Sweden as part of efforts to combat tuberculosis – a leading cause of death across all social classes in the country at the time.

    Paul Petter Waldenström, leader of the Swedish Mission Covenant, wrote a letter to Svenska Morgonbladet about a woman reportedly cured of tuberculosis by a homebrewed gruel made with hempseed, rye flour and milk. His endorsement helped popularise the remedy and many started making their own “Waldenström gruel”, as it became known.

    Sensing a business opportunity, entrepreneur J. Barthelson developed a powdered commercial version with the elegant French name Extrait Cannabis. He marketed it as a dietary remedy for tuberculosis, chest diseases and low energy. As demand grew, competitors quickly jumped on the bandwagon, using fearmongering tactics to persuade consumers that they were putting their lives at risk without it.

    The rise and fall of Maltos-Cannabis

    The most striking cannabis-infused product of the era came from the Red Cross Technical Factory. Their “health drink”, Maltos-Cannabis, was a maltose and cannabis blend marketed as both nutritious and delicious, especially when mixed with cocoa.

    With an aggressive advertising campaign, the company raked in nearly SEK 290,000 a year (around £775,000 in modern money), opening factories in Chicago, Helsinki, Brussels and Utrecht.

    A particularly dramatic advertisement depicted the Grim Reaper fleeing from the light of science, shining from a lighthouse. Meanwhile, a mother and daughter raised their arms triumphantly, symbolising victory over death thanks to Maltos-Cannabis. The tagline boldly claimed that the product had “a big future”.

    Maltos-Cannabis advertisement, Hälsovännen, 1 February 1894.
    Wikimedia Commons

    However, questions swirled about its legitimacy. Newspapers debated whether the product was a groundbreaking remedy or “a pure scam product”. While some critics called the craze an “epidemic”, others argued coffee was more harmful – a hot topic in Sweden’s parliament at the time.

    In response, Red Cross published a half-page rebuttal signed by its executives, defending the product’s credibility. But scepticism persisted. After various lawsuits and growing concerns over its effectiveness and safety, sales of Maltos-Cannabis began to decline. By the 1930s, the product had disappeared entirely.

    History repeats itself?

    The 19th-century commercial cannabis market was able to thrive due to the absence of marketing regulations for both food and pharmaceutical products. Manufacturers freely advertised their products using pseudo-scientific claims and buzzword-heavy marketing – strategies we’re seeing again today in the thriving CBD industry.

    This is because CBD is a “borderline” product, existing in a regulatory grey area that allows for marketing strategies to flourish without stringent oversight. Much like in the past, brands tap into consumers’ health anxieties with promises of a wellness revolution. Most worryingly, social media influencers are being used to endorse CBD, making it particularly appealing for younger audiences.

    With the global CBD market valued at US$19 billion in 2023 and projected to grow by 16% annually until 2030, looking back at the broader, problematic history of commercial cannabis should serve as a cautionary tale.

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

    ref. From hempseed gruel to CBD: the curious history of cannabis as health product – https://theconversation.com/from-hempseed-gruel-to-cbd-the-curious-history-of-cannabis-as-health-product-251967

    MIL OSI – Global Reports

  • MIL-OSI Global: Chinese anger at sale of Panama Canal ports to US investor highlights tensions between the two superpowers

    Source: The Conversation – UK – By Maria Ryan, Associate Professor in US History, University of Nottingham

    When Hong Kong-listed conglomerate CK Hutchison announced it was selling its two port concessions on the Panama Canal to a US consortium led by New York-based giant BlackRock, the Chinese government issued a strongly worded rebuke.

    Through government-backed newspaper Ta Kung Pao, Beijing accused the US of forcing the deal “through despicable means”, and claimed that if this was completed: “The United States will definitely use it for political purposes … China’s shipping and trade there will inevitably be subject to the United States.”

    CK Hutchison’s decision to sell its ports, which it has operated since 1997, to a US-led buyer came after the US president, Donald Trump, criticised Chinese influence over this strategically vital waterway. In his inaugural address, Trump claimed, falsely, that “China is operating the Panama Canal” and vowed “we’re taking it back”. In fact, data shows that the majority of traffic through the canal goes to or from the US.

    This has stoked fears in Beijing that US companies operating ports on the canal will do Washington’s bidding and potentially seek to restrict China’s access. Beijing’s angry response indicates the rivalry between the two great powers is deep and ongoing.

    While it is likely that this rivalry will continue to intensify under Trump, the president is unpredictable. Indeed, he sees unpredictability as a virtue – a way to keep advisers and foreign leaders on their toes.

    When asked last year whether he would support Taiwan in the event of a Chinese invasion, Trump gave his own twist on the longstanding US policy of “strategic ambiguity”, saying: “I don’t want to reveal my cards … I wouldn’t want to give away any negotiating abilities by giving information like that to any reporter.”

    This means there are multiple plausible outcomes for the US-China relationship in the second Trump administration.

    On the one hand, there is a very strong, bipartisan consensus in Washington that China poses a systemic, generational challenge to American power. Whereas Russia is viewed as a disruptor, China is a potential peer competitor that could build a new international order based on Beijing’s preferences and interests.

    Since Trump’s first term in office, the US has been aggressively waging a “tech war” on China to limit its technological and military development, by cutting off access to high-end semiconductors designed by US companies.

    This was intensified in the Biden years with new sanctions on Chinese tech companies, and the passage of the Chips and Science Act, designed to encourage the return of semiconductor manufacturing to the US. Defensive weapons sales to Taiwan had already been increased in Trump’s first term – and remained at high levels under Joe Biden.

    What Biden called “extreme competition” with China has become the main organising principle of US foreign policy. While Republican lawmakers have, so far, been willing to go along with Trump’s diplomacy when it comes to Russia, there is likely to be less tolerance of a similar approach to China.

    Unlike other US presidents, Trump does not seem to believe that alliances extend American power in the world – although he does still want the US to be the undisputed number one. In his second inaugural address, he vowed to “build the strongest military the world has ever seen”.

    Trump sees China as an economic adversary, one of the reasons for imposing punitive tariffs of 20% on all incoming goods. China has retaliated with tariffs of its own and and has proposed more restrictions on exports of rare earth minerals. These are vital components of semiconductors, electric batteries and many weapons – and the global market is dominated by China.

    Policy shift?

    The US State Department recently signalled a possible shift in policy towards Taiwan, removing the phrase “we do not support Taiwan independence” from its fact sheet on Taiwan in February. This irritated Beijing, which sees the island as an integral part of China.

    This subtle move away from the US’s longstanding “One China” policy – along with the tariffs and Trump’s hostility to alleged Chinese influence over the Panama Canal – suggests the continuation of a hostile, competitive approach to China.

    That said, as Trump’s recent diplomacy with Russia and his comments about absorbing Greenland showed, he is not afraid to upend the established norms of US foreign policy. He enjoys provoking the “globalist” foreign policy establishment. He lauds his own deal-making abilities, and would not want to fight a war with China over Taiwan.

    Trump is attracted to “strongman” leaders and claims to have “a great relationship with President Xi”. He achieves his goals by taking maximalist positions (for example, the punitive tariffs) which he uses to extract concessions. At a recent press conference, Trump stated: “I see so many things saying we don’t want China in this country. That’s not right. We want them to invest in the United States. That’s good. That’s a lot of money coming in.”

    Trump is well aware the US is heavily dependent on imported semiconductors from the Taiwan Semiconductor Manufacturing Corporation (TSMC) – the world’s leading chip manufacturer – and has repeatedly accused Taiwan of “stealing” the US semiconductor industry. He recently took credit for TSMC’s announcement that it would invest a further US$100 billion (£77 billion) in three chip factories in Arizona, declaring that production of vital semiconductors inside the US was “a matter of national security”.

    But it will take years for TSMC’s investments to come to fruition in terms of aiding US self-sufficiency in chip manufacture. In the meantime, it is not out of the question that Trump could seek a deal with China that guarantees US access to imported chips from Taiwan, in return for China absorbing the island peacefully. Given the historic importance of Taiwan to Beijing, this could appeal.

    Avoiding war could also be popular with Trump voters who want to put “America first” without getting embroiled in foreign wars. Although the hawkish China consensus is firmly embedded in Washington, its continuation is not guaranteed while the mercurial Trump is at the helm.

    Maria Ryan has received funding from the British Academy.

    ref. Chinese anger at sale of Panama Canal ports to US investor highlights tensions between the two superpowers – https://theconversation.com/chinese-anger-at-sale-of-panama-canal-ports-to-us-investor-highlights-tensions-between-the-two-superpowers-252418

    MIL OSI – Global Reports

  • MIL-OSI Global: How AI can (and can’t) help lighten your load at work

    Source: The Conversation – UK – By Akhil Bhardwaj, Associate Professor (Strategy and Organisation), School of Management, University of Bath

    SObeR 9426/Shutterstock

    Legend has it that William Tell shot an apple from his young son’s head. While there are many interpretations of the tale, from the perspective of the theory of technology, a few are especially salient.

    First, Tell was an expert marksman. Second, he knew his bow was reliable but understood it was just a tool with no independent agency. Third, Tell chose the target.

    What does all this have to do with artificial intelligence? Metaphorically, AI (think large language models or LLMs, such as ChatGPT) can be thought of as a bow, the user is the archer, and the apple represents the user’s goal. Viewed this way, it’s easier to work out how AI can be used effectively in the workplace.

    To that end, it’s helpful to consider what is known about the limitations of AI before working out where it can – and can’t – help with efficiency and productivity.

    First, LLMs tend to create outcomes that are not tethered in reality. A recent study showed that as much as 60% of their answers can be incorrect. Premium versions even incorrectly answer questions more confidently than their free counterparts.

    Second, some LLMs are closed systems – that is, they do not update their “beliefs”. In a mutable world that is constantly changing, the static nature of such LLMs can be misleading. In this sense, they drift away from reality and may not be reliable.

    What’s more, there is some evidence that interactions with users lead to a degradation in performance. For example, researchers have found that LLMs become more covertly racist over time. Consequently, their output is not predictable.

    Third, LLMs have no goals and are not capable of independently discovering the world. They are, at best, just tools to which a user can outsource their exploration of the world.

    Finally, LLMs do not – to borrow a term from the 1960s sci-fi novel Stranger in a Strange Land – “grok” (understand) the world they are embedded in. They are far more like jabbering parrots that give the impression of being smart.

    Think of the ability of LLMs to mine data and consider statistical associations between words, which they use to mimic human speech. The AI does not know what statistical association between words mean. It does not know that the crowing of the rooster does not lead to a sunrise, for example.

    Of course, an LLM’s ability to mimic speech is impressive. But the ability to mimic something does not mean it has the attributes of the original.

    Lightening the workload

    So how can you use AI more effectively? One thing it can be useful for is critiquing ideas. Very often, people prefer not to hear criticism and feel a loss of face when their ideas are criticised – especially when it happens in public.

    But LLM-generated critiques are private matters and can be useful. I have done so for a recent essay and found the critique reasonable. Pre-testing ideas can also help avoid blind spots and obvious errors.

    Second, you can use AI to crystallise your understanding of the world. What does this mean? Well, because AI does not understand the causes of events, asking it questions can force you to engage in sense-making. For example, I asked an LLM about whether my university (Bath) should widely adopt the use of AI.

    While the LLM pointed to efficiency advantages, it clearly did not understand how resource are allocated. For example, administrative staff who are freed up cannot be redeployed to make high-level strategic decisions or teach courses. AI has no experience in the world to understand that.

    Third, AI can be used to complement mundane tasks such as editing and writing emails. But here, of course, lies a danger – users will use LLMs to write emails at one end and summarise emails at the other.

    You should consider when a clumsily written personal email might be a better option (especially if you need to persuade someone about something). Authenticity is likely to start counting more as the use of LLMs becomes more widespread. A personal email that uses the right language and appeals to shared values is more likely to resonate.

    Fourth, AI is best used for low-stakes tasks where there is no liability. For example, it could be used to summarise a lengthy customer review, answer customer questions that are not related to policy or finance, generate social media posts, or help with employee inductions.

    Where decisions might have serious consequences, human input is better.
    M Stocker/Shutterstock

    Consider the opposite case. In 2022, an LLM used by Air Canada misinformed a passenger about a fee – and the passenger sued. The judge held the airline liable for the bad advice. So always think about liability issues.

    Fans of AI often advocate it for everything under the sun. Yet frequently, AI comes across as a solution looking for a problem. The trick is to consider very carefully if there is a case for using AI and what the costs involved might be.

    Chances are, the more creative your task is, or the more unique it is, and the more understanding it requires of how the world works, the less likely it is that AI will be useful. In fact, outsourcing creative work to AI can take away some of the “magic”. AI can mimic humans – but only humans “grok” what it is to be human.

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

    ref. How AI can (and can’t) help lighten your load at work – https://theconversation.com/how-ai-can-and-cant-help-lighten-your-load-at-work-252663

    MIL OSI – Global Reports

  • MIL-OSI Video: LIVE: POTUS Donald J. Trump and SECDEF Pete Hegseth brief the media, March 17, 2025

    Source: United States Department of Defense (video statements)

    President Donald J. Trump and Secretary of Defense Pete Hegseth brief the media at the White House, March 21, 2025.
    —————
    Your military is an all-volunteer force that serves to protect our security and way of life, but Service members are more than a fighting force. They are leaders, humanitarians and your fellow Americans. Get to know more about the men and women who serve, who they are, what they do, and why they do it.

    For more on the Department of Defense, visit: http://www.defense.gov
    —————
    Keep up with the Department of Defense on social media!

    Like the DoD on Facebook: http://facebook.com/DeptofDefense
    Follow the DoD on Twitter: http://twitter.com/DeptofDefense
    Follow the DoD on Instagram: http://instagram.com/DeptofDefense
    Follow the DoD on LinkedIn: https://www.linkedin.com/company/DeptofDefense

    https://www.youtube.com/watch?v=-kH1norcacY

    MIL OSI Video

  • MIL-OSI United Kingdom: The Prime Minister has appointed 5 Trustees to the Tate

    Source: United Kingdom – Executive Government & Departments

    News story

    The Prime Minister has appointed 5 Trustees to the Tate

    The Prime Minister has appointed Nick Clarry, Sir Isaac Julien CBE, Jack Kirkland and June Sarpong OBE as trustees of the Tate; their four year terms will start on 24 March 2025. The Prime Minister has also appointed Tim Richards CBE as a Trustee of the Tate, his four year term will begin on 23 June 2025.

    Nick Clarry

    Nick is a Managing Partner at CVC Capital Partners, a global private equity firm, which is listed on EuroNext. Nick joined CVC in 2003 and is based in London, where he is responsible for Sports, Media & Entertainment investment. Nick serves on the CVC Foundation Philanthropy Committee and has also sought to provide philanthropic support to a number of organisations in London over the last 20 years, including The Old Vic, the British Film Institute and the Courtauld Institute among others.

    Nick has served as the Chair at The Old Vic Theatre since 2014, which is one of the leading not-for-profit theatres in the UK, working in the arts, education and the community. Nick holds an MA in Economics from the University of Cambridge.

    Sir Isaac Julien CBE RA

    Sir Isaac is a critically acclaimed British artist and filmmaker. In 2018, Julien joined the faculty at the University of California Santa Cruz where he is a Distinguished Professor of the Arts and leads the Moving Image Lab together with Arts Professor Mark Nash.

    He has been making films and producing film installations for over forty years, including: Once Again… (Statues Never Die) (2022), Lina Bo Bardi – A Marvellous Entanglement (2019), Lessons of the Hour – Frederick Douglass (2019), Playtime (2014), Ten Thousand Waves (2010), Western Union: small boats (2007), True North (2004), Baltimore (2003), Paradise Omeros (2002), and Vagabondia (2000).

    Current and recent international solo exhibitions include: Lessons of the Hour, The Museum of Modern Art, New York, 2024; What Freedom is to Me, Bonnefanten Museum, Maastricht, 2024; K21, Dusseldorf, 2023; Tate Britain, London, 2023; Lina Bo Bardi, A Marvellous Entanglement, Philadelphia Museum of Art, Philadelphia, 2023; Once Again… (Statues Never Die), Barnes Foundation, Philadelphia, 2022.

    Julien is the recipient of The Royal Academy of Arts Charles Wollaston Award 2017 and a Kaiserring Goslar Award in 2022. In 2022 he was awarded a Knighthood for services to diversity and inclusion in art. 

    Jack Kirkland

    Jack is a businessman and philanthropist. He is executive Chair of Bowmer and Kirkland, one of the UK’s largest and most successful construction and real estate companies. Bowmer and Kirkland builds for clients throughout Great Britain and also engages in property development through its Peveril Securities arm and joint venture partners. The group also has a large number of subsidiary companies that provide construction specialisms both to the rest of the group and other clients. 

    In philanthropy, Jack founded and chairs The Ampersand Foundation, a grant-giving charity focused on the visual arts. He is also a trustee of the Bridget Riley Art Foundation and from 2015 to 2020, he was Chair of Nottingham Contemporary.

    Tim Richards CBE

    Tim is the Founder and CEO of Vue Entertainment, the largest privately held cinema operator in Europe. He is an industry commentator in print, radio and television and has supported British and Independent film for the past three and a half decades.

    Prior to entering the entertainment industry, Tim was a Wall Street lawyer engaged in international finance and cross-border mergers and acquisitions while based in London and New York. In February of 2021, after 7 years as a Governor of the British Film Institute (BFI), Tim was appointed as Chair of the BFI.

    In 2015, Tim was awarded the Variety International Children’s Fund Humanitarian Award for his charitable work. In 2024 he was awarded a CBE for his services to British film and Cinema. 

    June Sarpong OBE 

    June is a television presenter and executive. She is the Co-Founder of the Women: Inspiration & Enterprise (WIE) Network; WIE first launched in NYC in 2010 and then in the UK in 2012 and has featured leading speakers from a gamut of industries. 

    In November 2019 she was appointed as the BBC’s first Director of Creative Diversity and was in this role for 3 years. She was also the first Black woman to sit on the corporation’s Executive Committee and spearheaded the organisation’s $124 million investment in diverse content. June is the author of “Diversify”, “Power of Women”, “Power of Privilege” and “Calling Una Marson.” In 2020 she was awarded an OBE for services to broadcasting. 

    Remuneration and Governance Code

    Trustees of the Tate are not remunerated. These appointments have been made in accordance with the Governance Code on Public Appointments. The appointments process is regulated by the Commissioner for Public Appointments

    Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. Jack Kirland has declared he has made a recordable donation to the labour party. June Sarpong OBE has declared she has spoken on behalf of the Labour Party, their candidates and canvassed on behalf of the Labour Party and helped at elections. Nick Clarry, Sir Isaac Julien CBE and Tim Richards CBE have not declared any significant political activity. 

    DCMS has around 400 regulated Public Appointment roles across 42 Public Bodies including Arts Council England, Theatres Trust, the National Gallery, UK Sport and the Gambling Commission. We encourage applications from talented individuals from all backgrounds and across the whole of the United Kingdom.  To find out more about Public Appointments or to apply to be a Trustee of a National Museum or Gallery visit the HM Government Public Appointments Website.

    Updates to this page

    Published 21 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Prime Minister has appointed 6 new Trustees to the V&A

    Source: United Kingdom – Executive Government & Departments

    News story

    The Prime Minister has appointed 6 new Trustees to the V&A

    The Prime Minister has appointed Mariella Frostrup, Andrew Keith, Akshata Murty, Nigel Newton, Vick Hope and Pedro Pina as trustees of the Victoria and Albert Museum; their four year terms started on 10 March 2025.

    Mariella Frostrup

    Mariella is a journalist, broadcaster, author, and cultural commentator; in particular covering the worlds of arts, culture and societal issues. She promotes the intrinsic value of arts and culture to wider society and the importance that they connect with and are accessible to all. Mariella has presented the UK’s leading book programmes, cultural shows and judged its literary and arts awards, such as the Booker Prize, BAFTA Awards, RIBA and Turner Prize.

    She was the first non-elected member of the Royal Academy’s Council, and more recently she became a Trustee of the British Council. She was awarded a Doctor of Arts from Nottingham University in 2009 for her work and achievement in arts and culture. She’s a Royal Society of Literature fellow and a BAFTA member.

    Mariella co-founded the annual Women in Work Summit. She is the Government’s Menopause Employment Ambassador, Chairs the advocacy group Menopause Mandate, and is a Save the Children Ambassador.

    Andrew Keith

    Andrew is a luxury retail executive with over three decades of experience leading prominent international brands.

    Andrew spent 19 years with Lane Crawford Joyce Group, holding a number of key positions including President of Joyce and Lane Crawford. Under his leadership, the group greatly expanded its footprint, introducing innovative retail formats and establishing a significant presence in Greater China. He oversaw the opening of flagship stores and launched the group’s online platform. He then spent three years with Selfridges as Managing Director and later CEO, Andrew led Selfridges through the complexities of reopening post-COVID-19, implementing strategies to adapt to the new retail landscape. In early 2025, he took on the role of leading the transformation of Edinburgh’s historic Jenners building. This multi-million-pound project aims to revitalise the iconic site into a premier destination, blending retail and hospitality elements.

    Andrew has served as a co-opted Member of the V&A’s Commerce Committee, contributing his commercial expertise to enhance the museum’s engagement strategies.

    Born in Lagos, Nigeria, to Scottish parents, Andrew studied Fashion Design at Kingston University and maintains a deep connection to his Scottish heritage, often spending time at his home in the Highlands, reflecting his appreciation for nature and the environment.

    Akshata Murty

    Akshata is passionate about education and the power of creativity to have positive effects on young people. During her time living in Downing Street, she launched ‘Lessons at 10’. This initiative provided children from across the United Kingdom with a unique opportunity to go behind the famous black door of Number 10 to be inspired and discover their passions.

    With her husband, former Prime Minister Rishi Sunak, Akshata is a co-founder of The Richmond Project, a charity focused on enabling social mobility by breaking down barriers to numeracy. She is also a keen supporter of the UK’s veteran community.

    Akshata spent over a decade investing in early-stage consumer-focused British companies, providing funding and strategic advice. Previously, Akshata founded a fashion line that was inspired by Indian craftsmanship.

    Originally from Bangalore, Akshata obtained a B.A in Economics and French from Claremont McKenna College, an MBA from Stanford University’s Graduate School of Business as well as an Associate degree from the Fashion Institute of Design & Merchandising Los Angeles. She is on the board of Claremont McKenna College. Akshata is also a Trustee of the Murty Trust in India and a supporter of the Murty Classical Library of India.

    Nigel Newton CBE

    Nigel is the founder and Chief Executive of Bloomsbury Publishing. He was born and raised in San Francisco. He read English at Selwyn College, Cambridge and after working at Macmillan Publishers, he joined Sidgwick & Jackson. He left Sidgwick in 1986 to start Bloomsbury Publishing. He was appointed as President of the Publishers Association in April 2022.

    He serves as a Member of the Advisory Committee of Cambridge University Library and President of Book Aid International. In 2020, he was awarded The London Book Fair (LBF) Lifetime Achievement Award and became an Honorary Fellow of Selwyn College, Cambridge. He has previously served as a member of the Booker Prize Advisory Committee, Chairman of the Charleston Trust, Chair of World Book Day, Board member of the US-UK Fulbright Commission, member of the Publishers Association Council, Trustee of the International Institute for Strategic Studies and Chair of the British Library Trust.

    In 2021 he was awarded a CBE for his services to the publishing industry. 

    Vick Hope

    Vick is an award-winning TV and radio presenter, journalist and author. She hosts BBC Radio One’s show Going Home, and was recently named the newest presenter of Countryfile. She also presents The One Show, Channel 4’s Paralympic Games coverage, CBBC’s Britain’s Best Young Artist, Glastonbury, and ITV’s Vick Hope’s Breakfast Show.

    Vick served on the Women’s Prize for Fiction (WPFF) judging panel in 2021 and curates their Young Adults’ Reading List. She hosts the WPFF podcast, Bookshelfie, interviewing female artists, writers, politicians, musicians, actors and sportspeople about the books by women that have shaped them. She is also the author of two children’s books which promote creativity in young children. 

    In 2020, Vick became an official Ambassador for Amnesty International. She volunteers at local charities Literacy Pirates and Just For Girls, which support children from disadvantaged backgrounds in her community. With the Duke Of Edinburgh Award, she mentors young people and delivers annual speeches at Buckingham Palace. Vick leads The Brit Awards’ campaign to tackle accessibility issues in the creative industries, and is Marks and Spencer’s Plan A Fashion Sustainability Ambassador. Vick was a judge on the ArtFund Museum Of The Year panel in 2024, which was awarded to Young V&A.

    Vick graduated from Emmanuel College, University of Cambridge in 2011, having read Modern Languages (French, Spanish and Portuguese).

    Pedro Pina

    Pedro is a senior executive with over three decades of experience in media, brand management, advertising, and all areas of the digital space. Pina has been at Google for over 12 years and currently serves as Head of YouTube, overseeing the platform’s business and strategic development within Europe, Middle East and Africa. His career includes roles at Google, McCann Worldgroup, PepsiCo, and Procter & Gamble having lived in the US, Brazil, Spain and Portugal. London has been home for Pedro and his family for more than 15 years. 

    Pina holds an MBA from INSEAD, Paris and previously served on the V&A Corporate Advisory Committee. His expertise includes digital transformation, audience engagement, and strategic partnerships. He serves on the Board of OutRight International and is an Ambassador of Stonewall as well as other organisations that advocate for LGBTQ+ human rights globally and in the UK.

    Remuneration and Governance Code

    Trustees of the V&A are not remunerated. These appointments have been made in accordance with the Governance Code on Public Appointments. The appointments process is regulated by the Commissioner for Public Appointments

    Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. Mariella Frostrup, Andrew Keith, Nigel Newton CBE, Victoria Nwosu-Hope and Pedro Pina have not declared any significant political activity. Akshata Murty has declared she has spoken on behalf of the Conservative Party, and their candidates and canvassed on behalf of the Conservative Party and helped at elections. 

    DCMS has around 400 regulated Public Appointment roles across 42 Public Bodies including Arts Council England, Theatres Trust, the National Gallery, UK Sport and the Gambling Commission. We encourage applications from talented individuals from all backgrounds and across the whole of the United Kingdom.  To find out more about Public Appointments or to apply to be a Trustee of a National Museum or Gallery visit the HM Government Public Appointments Website.

    Updates to this page

    Published 21 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: PM remarks at St Patrick’s Day reception: 19 March 2025

    Source: United Kingdom – Government Statements

    Speech

    PM remarks at St Patrick’s Day reception: 19 March 2025

    Prime Minister Keir Starmer’s remarks at the first St Patrick’s Day reception hosted in 10 Downing Street.

    It’s really fantastic to see you all here.  

    What a buzz. What an occasion it is to have you here in Downing Street where I work and where I live. So, I really hope you enjoy being here this evening for our very own St. Patrick’s Day event.

    Now I didn’t realise this, but this is the first time we have had one of these celebrations in No10. I can hardly believe it.  

    Our manifesto says change on the front. There are many bits we are going to change but this is among them now.

    You’ll have seen the Innova Irish dance company on your way in – weren’t they fantastic?

    I was in a busy in a meeting downstairs when they were rehearsing up here earlier on, and we could hear the rhythms of what they were going to do, it was really fantastic. 

    And I think I can see some of them. They were absolutely brilliant. 

    And we’ve got Tara Viscardi on the harp, it’s very nice to see you. 

    We’ve got the Belfast Coffee Company, Burren Balsamics, and who would have thought, that tonight Downing Street is the best place in London to grab a pint of Guinness. 

    We have set up a Guinness bar in the back. I think there is probably a strong case for leaving it there till the next one of these events. 

    And if anyone wants to have a go at splitting the G, then please go ahead. So Sláinte everyone! 

    But of course, celebrations for St. Patrick’s Day is a chance to bring people together.

    And it is really an honour to host you all here.

    And as I think and hope you know, all of this matters deeply to me because I have personal connections to Northern Ireland.

    It’s a place close to my heart.

    I worked over there for five years, working with the Police Service of Northern Ireland on some of the Belfast Good Friday Agreement changes.

    And that, as I’ve said on many occasions, was really impactful and formative for me on my journey through life. I learnt so much about politics, about change, about working with communities. 

    The importance of hope, and there was a lot of hope in the change that was going on, and about the people of Northern Ireland who are absolutely fantastic. 

    So I remember stepping off the plane for the first time. It’s London to Belfast, it’s only about 55 minutes. 

    But it was a big step, and it was really incredible to do that work and to feel the personal responsibility of upholding the Belfast Good Friday Agreement. 

    Because I love Northern Ireland so much, soon after my wife Vic and I got married we flew over to Belfast, hired a car and drove around the entire island of Ireland.

    From Belfast, all the way around and then back out of Dublin for about three weeks. But we saw everything, but it was really, really fantastic to see, and a real big part of my life. 

    And for me the Belfast Good Friday Agreement is the greatest achievement of the Labour Party in my lifetime. 

    And I’m delighted that we have got in the room tonight, some of the people who were instrumental in bringing that around. 

    What an incredible piece of history. And I know that Hilary and Fleur who are here work closely with the Northern Ireland parties. 

    And it’s fantastic that we’ve got some of Mo Mowlam’s family here. 

    In 2023, I was very pleased to open the Mo Mowlam Studio for Cinematic Arts at Ulster University. And that’s a fantastic tribute to her legacy that will help provide new opportunities for young people.

    And secondly, hosting these celebrations in No10 matters to me because it’s only two weeks ago that I was with the Taoiseach Micheál Martin at the inaugural UK-Ireland Summit in Liverpool. There we were joined by the Irish Ambassador to the UK Martin Fraser who is also here tonight. 

    But that Summit was a real opportunity to make good on the reset of relations between the UK and Ireland with a real determination to take them forward with massive ambition. 

    We had a really good two-day Summit where we got through everything we had on our agenda, and we added further things to the agenda that we could agree on. 

    And really, it felt that partnership, historically a strong and very important partnership is really entering a new and very positive chapter of our history. 

    And we will continue to build that friendship. Doing more than ever before in business, trade and security, we have discussed energy at great length and taking the relationship as the closest neighbours and friends – to that next level.

    And finally, tonight matters. Because it’s a chance to celebrate the incredible ties that bind us all together. The connections between families and friends across our islands.

    The late Queen Elizabeth II spoke about this. I’ve got what she said because when you pull it out it’s a really poignant reminder.  > She said “the ordinary people who yearned for the peace and understanding we now have between our two nations and between the communities” within them, and she went on to say is a reminder of everything we still need to do to build a better future for all of us.

    And I think it’s worth remembering those words and what an incredible piece of history that we have been living through. So tonight, let us raise a glass to St. Patrick. To celebrating everything Irish. 

    And on which I’ve seen actually Pat there. I play football regularly as you may know, and I wear a top. Now and again the photographers turn up. 

    Then there is this quiz which is what’s the top that he’s wearing. It’s my Donegal top that I picked up on my honeymoon. 

    And then the Taoiseach gave me an upgraded version of that top which is now used on the occasions where I am playing football. 

    So let’s celebrate everything Irish. All of the huge contribution to Britain over many generations. 

    From all those who settled in all sorts of places across the United Kingdom, including my own constituency of Camden. 

    But also of course in Coventry, in Birmingham and Liverpool and who applied their skills in construction, the NHS and workplaces and businesses across the country. 

    Or who created the music and art that has shaped us for decades. 

    And I know we’ve got some fantastic people here this evening. 

    Dermot O’Leary is here. Lisa McGee – the writer of the brilliant Derry Girls. Daniel Wiffen – Olympic Champion. 

    People from business, politics, the media and from across the country

    Including from the London Irish Centre in my own constituency – Seamus MacCormaic, you are very welcome this evening. 

    You’ll all be familiar with the London Irish Centre. A fantastic centre in Camden. An incredible place. 

    I’ve been there many times. For meetings, for events, we have held advice surgeries there. 

    There was a lot of work done there during Covid where it was a place where people could come for a socially distanced cup of coffee. 

    And that was really important for communities that were lonely and out of touch and of course, they have hampers going out there every Christmas for people who need it in the community.  

    I even did Desert Island Pics there which was a variation of Desert Island Discs. I once got challenged in a pub in Camden by someone who didn’t like the Desert Island Discs I had chosen. 

    Only in Camden could you get challenged about that! 

    And of course we had our CLP Christmas Social this year so the Camden Irish Centre is a great, great place!

    So this is a wonderful opportunity to say thank you to everyone for what you are doing.

    Let’s keep talking. Tell us how we can do better, how we can work with you.

    This is the centre of the work I do. But I did say the day after the election when I was on the steps of Downing Street, that we would be a government of service. 

    And that means it’s great to have you in here so you can help our thinking and shape what we are doing as we go about that task. 

    So thank you for your contributions, thank you for being here. 

    I wish you all very Happy St. Patrick’s Day. And as I say, the Guinness bar is winking at us just over there so if you haven’t got a pint of Guinness, please do enjoy one.

    I’m about to do just that.

    Updates to this page

    Published 21 March 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Gov. Pillen Provides Update on Statewide Damage Assessment Following Blizzard

    Source: US State of Nebraska

    . Pillen Provides Update on Statewide Damage Assessment Following Blizzard

    LINCOLN, NE – Governor Jim Pillen is providing an update on the statewide damage assessment in the aftermath of Wednesday’s blizzard. Emergency managers continue to collect information to determine any local needs. Additionally, the Governor’s office has been in constant contact with leadership  from the Nebraska Emergency Management Agency (NEMA) and continues to receive updates on needs and progress made toward storm restoration.

    Numerous crews from other states have provided personnel to assist in repairing downed powerlines and restoring power, through mutual aid agreements. Gov. Pillen expressed his gratitude for their quick response and support. He continues to receive updates from utility companies as progress is made in restoring electricity. 

    If any additional resources are required to help manage impacts from the storm, the Governor will  ensure they are acted  upon quickly. Gov. Pillen plans to issue an emergency declaration upon NEMA’s recommendation, after initial damage assessments are completed. 

    MIL OSI USA News

  • MIL-OSI USA: Honoring New York’s Rich, Diverse History

    Source: US State of New York

    overnor Kathy Hochul today announced recommendations by the New York State Board for Historic Preservation to add 20 properties and districts to the State and National Registers of Historic Places. The nominations include Marcus Garvey Park in New York City, an octagon house in Columbiaville, a Jewish cemetery in Buffalo and the Colgate-Rochester Crozer Divinity School in Rochester.

    “New York’s historic places tell the stories of where people have authored the enduring legacy we cherish,” Governor Hochul said. “With these nominations, we commit ourselves to protecting that legacy and to sharing these wondrous monuments of human achievement with future generations. By recognizing these sites, we honor the diverse communities and rich history that make New York extraordinary.”

    State and National Register listing can assist owners in revitalizing properties, making them eligible for various public preservation programs and services, such as matching state grants and federal historic rehabilitation tax credits.

    New York State Office of Parks, Recreation and Historic Preservation Commissioner Pro Tempore Randy Simons said, “In New York, we’re committed to recognizing our diverse history and expanding the official record of places of significance. With each slate of nominations, we increase our knowledge of our past and help ensure access to resources to preserve these places for the future. When properties are listed in the State and National Registers of Historic Places, they become eligible for various public preservation programs and incentives, such as matching state grants and federal and state historic rehabilitation tax credits. Our future is worth a strong investment in our past and we are proud to advance this work.”

    New York State Office of Parks, Recreation and Historic Preservation Deputy Commissioner for Historic Preservation Daniel Mackay said, “At the Division for Historic Preservation, we are dedicated to researching and documenting complete histories, to expanding the State and National Registers of Historic Places, and to connecting communities with the resources they need to help preserve and promote these unique assets. Listing in the registers is the first step in connecting property owners with resources that will help them steward this shared history.”

    New York State continues to lead the nation in the use of historic tax credits, with $7.17 billion in total rehabilitation costs from 2018-2024. Since 2009, the historic tax credit program has stimulated over $16.4 billion in project expenditures in New York State, creating significant investment and new jobs. According to a report, between 2018-2022, the  credits in New York State generated 72,918 jobs and over $1.47 billion in local, state and federal taxes.

    The State and National Registers are the official lists of buildings, structures, districts, landscapes, objects and sites significant in the history, architecture, archaeology and culture of New York State and the nation. There are more than 128,000 historic properties throughout the state listed in the National Register of Historic Places, either individually or as components of historic districts. Property owners, municipalities and organizations from communities throughout the state sponsored the nominations.

    Once recommendations are approved by the Commissioner, who serves as the State Historic Preservation Officer, the properties are listed in the New York State Register of Historic Places and then nominated to the National Register of Historic Places, where they are reviewed by the National Park Service and, once approved, entered in the National Register.  More information, with photos of the nominations, is available on the Office of Parks, Recreation and Historic Preservation website.

    New York City

    Church of St. Edward the Martyr, New York County – The Church of St. Edward the Martyr is a complex of religious buildings that includes an 1887 church (with additions in 1902 and 1903), a parish house and rectory (housed in a 1902 row building) and a 1961 community center. The church is an example of Late Gothic Revival style religious architecture in East Harlem and New York City and is the earliest representative example in Harlem of the Anglo-Catholic architectural program adopted by some Episcopal congregations. The establishment of the church coincided with the rapid development of Harlem during the 1880s and was funded by prominent Manhattan Episcopalians, including John Jacob Astor and “Commodore” Elbridge T. Gerry. The rapid growth of the congregation and generous funding allowed the church to fully embrace Anglo-Catholic worship with the construction of a grand Gothic-inspired reredos and ornate woodwork designed by J. & R. Lamb, under the supervision of Charles Lamb, whose studio was among the most prominent decorating firms of the period. The church’s simple, steep-gabled façade, its stained-glass windows and its central entrance all typify a modest, yet carefully planned, Late Gothic Revival style religious building.

    Corsi Houses, New York County – Corsi Houses, a public housing complex in East Harlem constructed in 1973, is one of a group of mid-20th century government-funded senior housing complexes in Harlem developed by the New York City Housing Authority (NYCHA). It represents the expansion of federal affordable housing programs to construct apartments specifically designed for seniors under the Housing Act of 1956 and later expanded under housing acts in 1961 and 1965. Corsi Houses is also one of a small set of public housing developments built in collaboration with a local settlement house, the LaGuardia Memorial House, which had served the neighborhood since 1898. LaGuardia Memorial House initiated Corsi Houses, thus ensuring direct community participation, and built on land formerly occupied by the settlement house as part of an attempt to integrate it into the surrounding neighborhood. The project was initiated in 1961, but numerous interruptions (including struggles over financing and design approval) delayed its opening to 1973. Although Corsi Houses continues to fulfill its purpose of combining affordable elderly housing with community support programs in East Harlem, the long struggle to complete construction reveals the tension between well-intentioned programs, community desires, politics and economic realities

    Marcus Garvey Park, New York County – For almost 200 years, the 20-acre public green space now called Marcus Garvey Park has been a place of refuge and cultural expression for Harlem residents. It’s among Manhattan’s oldest parks, predating Central Park by over twenty years. The relative scarcity of parks in this part of Manhattan heightened its importance as a community resource worth defending and advocating for, as local groups have done for decades. Marcus Garvey Park largely retains its 1930s landscape built by laborers employed through the Works Progress Administration and designed by Aymar Embury II and Gilmore Clarke, who worked under Parks Commissioner Robert Moses. The most defining feature of their plan, the massive terrace atop the mount, known as the Acropolis, is wholly intact. The park’s redevelopment in this period was more than an aesthetic change. It introduced equipment and facilities that supported child-centered play, reflecting changing trends in public recreation. The park is located on a physical and cultural nexus – at the historic dividing line between African American Central Harlem and Spanish East Harlem. This reality gave events held here deep symbolic meaning, especially the 1969 Harlem Cultural Festival. This multi-genre, multi-ethnic musical showcase was designed to celebrate Harlem but also directly addressed national issues of civil rights, social justice and Black identity. The 1970 recreation center and amphitheater complex and the 1971 pool represent the community’s crusade to bring more recreational facilities to their neighborhood. In 1973 the park was renamed in honor of the late Black Nationalist leader, Marcus Garvey, recognizing Black heritage and pride in Harlem as well as the importance of the park in the Black community. The Marcus Garvey Park National Register nomination was supported, in part, by an Underrepresented Communities grant from the Historic Preservation Fund administered by the National Park Service, Department of the Interior.

    Morris Park Senior Citizens Home, New York County – Built in in 1963, the Morris Park Senior Citizens Home is a remarkable example of a church-led senior housing project developed under the direct loan program of the Community Facilities Administration, a part of the US Housing and Home Finance Agency. This program targeted housing specifically for the elderly at below market rate; it also allowed faith-based communities to lead these developments. Churches had long been providers of social services, however, in response to the Civil Rights movement in the 1950s and 60s, religious organizations, particularly urban Black churches, were inspired to pursue housing, feeling it was their responsibility to impact the socio-political landscape of the city. The Abyssinian Baptist Church, one of the largest Black churches in New York City, welcomed the opportunity to develop housing for citizens in its community. Famed pastors Adam Clayton Powell Jr. and Oberia D. Dempsey established the Morris Park Senior Citizens Housing Council to lead the development. The partners undertook this project in reaction to the perceived shortfalls of the public housing produced by the New York City Housing Authority (NYCHA), which was blamed for driving families out, demolishing tenements and brownstones and constructing high-rise towers and superblocks in their place. The Morris Park Senior Citizens Home provided ninety-seven housing units for senior citizens, most of whom were Black, in Harlem.

    Stuyvesant Gardens I, Kings County – Stuyvesant Gardens I is a public housing complex in the Bedford-Stuyvesant neighborhood of Brooklyn, which was one of New York City’s largest Black communities in the early 1900s. Many residents lived in former row houses and – in spite of racially motivated redlining practices – the neighborhood was characterized by a high rate of homeownership. Decades of disinvestment, however, led to the mounting perception of Bedford-Stuyvesant as an area in need of assistance. In the mid-1960s, the neighborhood’s network of community groups organized a coordinated opposition to the city’s proposals to clear the area via demolition. Stuyvesant Gardens I was the culmination of years of dialogue between the Bedford-Stuyvesant community and local government officials. Designed by E.N. Turano and completed in 1972 for the New York City Housing Authority (NYCHA), it is an example of a public housing complex developed under the Model Cities program—a government initiative to improve the physical condition of urban neighborhoods that maximized community involvement in the planning process and minimized displacement of existing residents. The design of Stuyvesant Gardens I responded to the community’s wishes in a couple of notable ways: it has a “vest pocket” site plan, spread across portions of two city blocks; and it is low-rise, standing only four-stories tall and closely matching the scale of adjacent row houses. Its low-rise design was intended to address the criticisms of the tower-in-the-park model that was ubiquitous for public housing developments in post-war New York City.

    Long Island

    Lynbrook Public Library, Nassau County – Built in the village of Lynbrook in 1929, Lynbrook Public Library is an example of early twentieth century institutional architecture that reflects the ideals of the Public Library Movement. Designed by architect Hugh Tallant, a graduate of the Ecole des Beaux-Arts and well known for his work in theatre design, the library embodies the Neoclassical Revival style with its symmetrical design, monumental presence and classical details, including carved depictions of Pallas Athena, goddess of wisdom and war. Tallant, who partnered with Henry B. Herts to design major projects like the New Amsterdam Theatre and Lyceum Theatre, brought his experience designing grand, decorative architecture to the library. The building’s design, featuring a formal entrance, large windows and a bright and open reading room underscore its role as an enduring educational and cultural resource for the community.

    Mid-Hudson

    Charles D. & Elizabeth Lantry House, Ulster County – Located in the city of Kingston, the Charles D. & Elizabeth Lantry House is an excellent example of the Queen Anne-style. The rectangular, two-and-one-half-story wood frame building constructed ca. 1894 has asymmetrical gables, projecting bays, varied wall cladding and decorative woodwork. The historic interior of the Lantry House is defined by its original floor plan, original wood staircase with a carved floral newel post, historic windows and decorative woodwork. Charles D. and Elizabeth Lantry, the original homeowners, reflected the neighborhood’s historic middle-class homeownership and the use of architectural style to demonstrate social standing.

    Home for the Aged in Ulster County, Ulster County – The Home for the Aged in Ulster County was constructed in 1929 in response to the growing need for safe, comfortable accommodations for an increasing number of senior residents in the city of Kingston and the county at large. The Home is a strong example of Colonial Revival architecture – designed by local architect George E. Lowe – and is distinguished by its symmetrical design, prominent entrance pediment and use of cast stone ornamentation. Throughout much of its operation, the Home was at capacity – offering much needed housing that was supported through charitable donations, without direct financing from the city or state. It remained in operation in this capacity until 1974 when a new owner purchased the building and began operating it as a non-profit organization.

    Roosa House, Ulster County – The Roosa House in the hamlet of High Falls in the town of Marbletown dates to ca. 1790. It was first owned by Andries Roosa, a descendant of one of the region’s founding Dutch settlers, Aldert Heymans Roosa. The home is a notable example of late 1700s Dutch Colonial stone residence and exhibits the building materials and methods from the early development period of the Hudson River Valley. The house has additions from ca. 1810 and later, but its center block is a rare and well-preserved example of regional stone architecture in Marbletown during the late 1700s.

    Capital Region

    Hillsdale Hamlet Historic District Boundary Expansion, Columbia County – Originally listed in 2010, the Hillsdale Hamlet Historic District includes historic commercial and residential buildings in the town of Hillsdale dating from ca. 1790 to 1945. This boundary expansion adds the Hillsdale High House to the historic district, which was mistakenly left out of the original nomination. The Craftsman Bungalow style house was built in 1933 by local architect Roy Van Deusen and was made from materials salvaged from the nearby Hillsdale High School after it closed.

    Smith Octagon House, Columbia County – Constructed ca. 1860 and located in the hamlet of Columbiaville, the Smith Octagon House is a rare and early example of the octagon house-style promoted by phrenologist and reformer Orson S. Fowler. The home reflects the construction methods and styles described in Fowler’s 1849 book, A Home for All: or, A New, Cheap, Convenient, and Superior Mode of Building. Some of the designs espoused in Fowler’s book that were incorporated into the Smith Octagon House include ample natural light and ventilation from symmetrical fenestration and a cupola. The overall plan for the house aimed to reduce room corners, enhance circulation patterns and limit interior or exterior embellishments. The original Smith family who built and occupied the home until 1920 were millenarians and enthusiastic participants in the Spiritualist movement.

    St. George’s Lodge No 6, Masonic Temple and Club, Schenectady County –The oldest continuously operating masonic organization in Schenectady, St. George’s Lodge No. 6, Masonic Temple and Club traces its origins to the 1700s and was the largest and most prominent masonic order in the city during the 1900s. The Masonic Lodge and Club was located at 302 State Street from 1919 until the Masonic Association sold the building in 1992, spanning a time of significant change for masonic orders and traditions. The temple and “Masonic Club” hosted regular meetings of more than a dozen other masonic organizations, making the building a regional hub for the full range of masonic orders and traditions. The building is an excellent example of a sophisticated, high-style, designed masonic temple and lodge building type. After its extensive renovation in 1919, 302 State Street was transformed into a purpose-built masonic lodge of dramatic proportions and detail. The building retains excellent integrity and numerous features that link this resource strongly to the tradition and history of Freemasonry. Additionally, the design of the lodge room at the top level typifies the imagery and iconography of the masonic lodge tradition.

    Western New York

    Ahavas Achim Cemetery, Erie County – Ahavas Achim is a small congregational cemetery first established in 1917, which evolved over time to suit the needs of its multi-national membership. Its earliest graves commemorate Eastern and Central European Jews who immigrated to Buffalo from the 1890s through the 1920s who chose large, richly ornamented monuments to honor their ancestors and European heritage. These monuments also reflect the community’s economic success in the United States, in contrast to the political and social oppression they faced in Europe. This economic success is underscored by the cemetery’s impressive gateway and chapel, both designed in the Egyptian Revival style. Through the synthesis of national origin and customs, the movement of synagogues to progressively more affluent areas and the continual accretion of congregations, the Ahavas Achim Cemetery represents the oldest, extant, continuously used built resource associated with that congregation. As previous synagogue buildings were demolished or converted into churches, only the cemetery remains intact, representing the final resting place of Buffalo Jews for over a century. Its continual use creates a tangible connection to the congregation’s ancestors and represents the dynamics of immigration in the United States.

    Cattaraugus County Memorial and Historical Building, Cattaraugus County – In 1908, Cattaraugus County and a Citizens Committee commissioned the Memorial and Historical Building in Little Valley to commemorate the county’s centennial. It opened in 1914 to house “memorial relics and as a memorial to our soldiers and sailors who enlisted in the Civil War from this County.” The Historical Society operated the facility until the 1920s; then the building became the home to the Little Valley Library. In 1953, it opened to the public as the County Museum. Today the red brick building is the home of the Citizens Advocating Memorial Preservation.

    First Presbyterian Church, Chautauqua County – Designed by renowned architect Ralph Adams Cram, the First Presbyterian Church in Jamestown is one of only three of this master architect’s churches completed in the Neo-Byzantine-Romanesque style. Erected in 1926 this church is an outstanding example of traditional building techniques and craftsmanship. The three-aisle, brick and stone edifice features a five-story bell tower, polychromed roof trusses and stained-glass windows produced in the studios of Harry Wright Goodhue, Gabriel Loire and the firm of Otto Heinigke and Thorton Smith. The building is highly embellished with limestone details, including Classical moldings, dentils, cornices, scrolls and column capitals. Brick and limestone are used in combination to create decorative stripes and counterchange patterns on the surface of the walls. Blocks of limestone laid in an asymmetrical pattern and bas-reliefs of Christians symbols decorate the street-facing elevations.

    Central New York

    Syracuse Boys Club, Onondaga County – Born out of Progressive Era ideals about youth development and the rise of afterschool programs, the Boys Club of America established health services, technical skills and safe recreational space for the nation’s youth. In Syracuse, the need for community-based education and care was compounded by waves of immigration from Eastern Europe. After school programs often served the additional function of “Americanizing” new populations by offering a space to learn language and cultural values outside of the home. The Syracuse Boys Club is an excellent example of a Collegiate Gothic style building from the early 1900s. Designed by local architect Melvin King and built between 1922 and 1923, the architecture communicates the club’s dedication to its mission of education and social betterment and the high-style treatment and use of brick, stone and terra cotta on the façade conveys the building’s prominence within the community.

    Utica Mutual Insurance Company Office Building, Onondaga County –Designed by King & King, prominent local architects and the oldest architectural firm in New York State, the Utica Mutual Insurance Company Building in Syracuse is an exceptionally intact example of an International Style office building of the 1950s. Built as part of an expansion effort for the Utica Mutual Insurance Company in 1956, the building was modeled after the company’s modernist headquarters that was constructed outside of Utica only two years prior. King & King – who were also tenants of the building – demonstrated their fluency with the International Style and this was one of their earliest commissions in this style, which came to define their architectural practice in the midcentury. The building at 420 E. Genesee Street stands as a prototypical example of the firm’s early work in the style, as well as an example of the firm’s proficiency with the Corporate International Style. The firm constructed several prominent buildings in this style in Syracuse and was especially well-known for its dramatic curtain walls and impressive structural work.

    Finger Lakes

    Colgate-Rochester Crozer Divinity School, Monroe County – At the core of this hilltop campus in the city of Rochester sits an assembly of Collegiate Gothic buildings, complete with spires, oriel windows, leaded panes and ornate carvings. Nationally renowned architect James Gamble Rogers – best known for his designs for Yale University’s original residential colleges – conceived the campus’s original 1932 components and its pastoral setting was designed by local landscape architect, Alling DeForest. Another local architect Charles Carpenter added two Tudor Revival dormitories in 1936; final additions to the campus were two mid-century Modern dormitories. In 1928, the Colgate and Rochester seminaries merged and this campus became the center of local and national discourses around theology, social inclusion and civil rights for several decades. In response to increasing secularism after World War II, faculty and administration pioneered Christian ecumenism, as well as controversial new theologies, like the “death of God” ideas associated with Professor William Hamilton. They responded to 1960s social movements and sought to elevate the voices of groups traditionally marginalized by mainstream religious institutions by merging with the historically female Baptist Missionary Training Center in 1962; creating the Black Church Studies program in 1969; and merging with Crozer Theological Seminary – Rev. Martin Luther King, Jr.’s alma mater – in 1970.

    Mohawk Valley

    Jefferson Historic District, Schoharie County – Located in the northern Catskills region in the town of Jefferson, the historic district consists of over one hundred resources at the intersection of historic travel routes. The district embodies a community settled mainly by people from New England, who brought with them a village plan set around a centralized green space with commercial, civic and religious buildings surrounding a square. The creamery trade – especially large-scale butter manufacturing around 1900 – led to a burst of economic prosperity for the area. The architectural styles and built environment in Jefferson represent its development from ca. 1805 through 1936, the year when the consolidated Jefferson Central School was built.

    Southern Tier

    Walter Coulter Homestead Farm, Delaware County – Located in the town of Bovina, the Walter Coulter Homestead Farm represents the development of a family farm over generations of descendants – starting with Water Coulter, the son of Lowland Scots who were forced to abandon their leased land in the Scottish Borders during the late 1700s. Four generations of the Coulter family operated and developed the farm until it was sold out of the family in 1948. The residence building is a highly intact wood frame house characteristic of the regional style in the early 1800s. A three-level barn and other outbuildings are representative of the move from several commodities produced on the farm to a focus on dairy by the early 1900s.

    The New York State Office of Parks, Recreation and Historic Preservation oversees more than 250 parks, historic sites, recreational trails, golf courses, boat launches and more, and welcomes over 88 million visitors annually. For more information on any of these recreation areas, visit  parks.ny.gov, download the free  NY State Parks Explorer app  or call 518-474-0456. Connect with us on  Facebook,  Instagram,  X,  LinkedIn, the  OPRHP Blog  or via the  OPRHP Newsroom.

    MIL OSI USA News

  • MIL-OSI: Notice on the Decisions Adopted at the Ordinary General Meeting of Shareholders for 2025

    Source: GlobeNewswire (MIL-OSI)

    We hereby inform you about the decisions adopted at the Ordinary General Meeting of Shareholders of Urbo Bankas UAB for 2025 (office address: Konstitucijos pr. 18B, Vilnius, company registration number 112027077, VAT number LT120270716) which was held on 21 March 2025 (please see the attached documents).

    For more information please contact: Julius Ivaška, Head of Business Division, tel. +370 601 04 453, e-mail media@urbo.lt

    Attachments

    The MIL Network

  • MIL-OSI Video: Financial literacy in Europe – Peter Kažimír, Governor, Národná banka Slovenska

    Source: European Central Bank (video statements)

    Financial literacy is crucial for Europeans to successfully navigate the complexities of today’s financial landscape.

    Financial literacy in Europe
    https://www.ecb.europa.eu/ecb-and-you/financial_literacy_europe/html/index.en.html

    ECB International Women’s Day 2025
    https://www.ecb.europa.eu/press/conferences/html/20250307_intl_womens_day.en.html

    https://www.youtube.com/watch?v=2x3uXSRXDRc

    MIL OSI Video

  • MIL-OSI Video: Financial literacy in Europe – Klaas Knot, President, de Nederlandsche bank

    Source: European Central Bank (video statements)

    Financial literacy is crucial for Europeans to successfully navigate the complexities of today’s financial landscape.

    Financial literacy in Europe
    https://www.ecb.europa.eu/ecb-and-you/financial_literacy_europe/html/index.en.html

    ECB International Women’s Day 2025
    https://www.ecb.europa.eu/press/conferences/html/20250307_intl_womens_day.en.html

    https://www.youtube.com/watch?v=yW7jXssxUwk

    MIL OSI Video

  • MIL-OSI Video: Financial literacy in Europe – Gabriel Makhlouf, Governor, Central Bank of Ireland

    Source: European Central Bank (video statements)

    Financial literacy is crucial for Europeans to successfully navigate the complexities of today’s financial landscape.

    Financial literacy in Europe
    https://www.ecb.europa.eu/ecb-and-you/financial_literacy_europe/html/index.en.html

    ECB International Women’s Day 2025
    https://www.ecb.europa.eu/press/conferences/html/20250307_intl_womens_day.en.html

    https://www.youtube.com/watch?v=u7L7I3cnaFg

    MIL OSI Video

  • MIL-OSI China: China Focus: China accelerates AI adoption to transform medical services

    Source: China State Council Information Office 2

    From triage and testing to diagnostics and surgeries, China’s healthcare sector is rapidly integrating AI technology into medical practices to improve efficiency and upgrade quality.
    At the 2025 China Medical Equipment Exhibition in mid-March, the Longwood Valley MedTech unveiled its ROPA orthopedic smart surgical robot, a groundbreaking device packed with AI deep learning features. Like a super-smart assistant for doctors, it helps with preoperative decision-making and planning.
    The robot can be used in joint replacement and spinal surgeries with its AI system being able to reconstruct the 3D model of the human joint based on the patient’s CT images, allowing doctors to simulate the surgery in advance and formulate preoperative plans, said Chen Peng, vice president of the company.
    “Manual modeling usually takes a technician a whole day, while our AI system can complete it in just one to three minutes,” Chen added.
    He explained that the company’s AI system had already been applied in surgical practices at many hospitals across the country, significantly improving surgeries’ efficiency, safety, and accuracy.
    Using AI-powered robots can cut the average surgical time by 30 percent, resulting in less anesthesia duration, lower intraoperative exposure risks, and a lower probability of complications, Chen said.
    Beijing Children’s Hospital’s first AI pediatrician, who joined the medical team in February of this year, also offered a helping hand.
    During a joint consultation held at the hospital, ten children from across the country, each battling complex tumors or undiagnosed conditions, received diagnoses from both the AI pediatrician and a panel of medical experts. The AI pediatrician’s treatment recommendations aligned closely with the expert panel’s.
    “I trust doctors’ judgments, and I also think the opinion of the AI pediatrician can be a valuable reference,” said a Tianjin father who brought his child for the consultation.
    The medical knowledge of the AI pediatrician matches that of experts at top Chinese hospitals. In recent consultations on tough cases, its conclusions were highly consistent with human experts, according to Wang Xiaochuan, founder and CEO of Baichuan AI, the developer of the AI pediatrician.
    “With AI colleagues, we can better protect the health and lives of children,” said Ni Xin, hospital president, where some 8,000 to 10,000 outpatient and emergency cases are handled daily.
    This AI program is expected to expand to primary-level hospitals, communities and households. It will offer on-site training for local doctors and guide home-based medical care to ease the shortage of top-notch pediatric medical resources.
    So far, Chinese domestic enterprises have released over 50 AI healthcare vertical large models, according to a recent report by CITIC Securities. These models can alleviate the problem of insufficient grassroots medical resources and improve the efficiency of diagnosis and treatment at a lower cost.
    Triage and medical image interpretation are currently the primary scenarios among these large models. For instance, the AI-powered cognitive function analysis system used in Peking Union Medical College Hospital is designed for the early screening of patients and high-risk groups with brain cognitive impairments caused by stroke, Alzheimer’s disease, and Parkinson’s disease.
    The large model RuiPath at Ruijin Hospital, affiliated with the Shanghai Jiao Tong University School of Medicine, is applied to assist in analyzing pathology images. Developed by Huawei, this model integrates multimodal data and incorporates the disease characteristics of the Chinese population, providing pathologists with accurate and efficient support.
    Some 6,000 pathological slides are generated daily in Ruijin Hospital, with each doctor examining an average of 200 to 300 slides. Through traditional methods, doctors have to diagnose each slide under a microscope, a process that takes about 40 minutes per slide.
    However, using RuiPath’s interactive pathological diagnostics, the model can identify the lesion areas, reducing the diagnosis time for a single slide to mere seconds.
    Indeed, the application of AI will effectively ease the lack of pathologists in China, improve the slide examination efficiency and diagnostic accuracy, and provide more precise support for clinical treatment decisions, said Ning Guang, president of Ruijin Hospital.
    However, the ultimate goal of AI technology in healthcare is not to replace doctors, said Liu Zhongjun, director of the spinal surgery institute at Peking University Third Hospital.
    Instead, it should aim to relieve doctors of their repetitive tasks, allowing them to focus more on in-depth communication with patients and provide humanistic care, Liu said.
    Every technological iteration should be measured by its clinical value and underpinned by patient safety. Only in this way can this AI revolution truly safeguard human health and support the future of human well-being, he said. 

    MIL OSI China News

  • MIL-OSI China: Global South contributing to more equitable, inclusive int’l financial order

    Source: China State Council Information Office

    At a time when rising unilateralism and protectionism are combining to disrupt global economic governance, ever-closer ties among the Global South financial community are expected to inject fresh impetus into the forging of a new international financial order.

    This is the latest consensus reached by representatives of the Global South financial community at the 2025 Global South Financiers Forum in Beijing, which was hosted by Xinhua News Agency from March 19 to 21.

    Attendees of the forum included representatives from government departments, financial institutions, international organizations and scholars from more than 30 countries and regions.

    They called for the financial community of the Global South to make joint efforts to bridge the North-South financial gap and foster a new financial order that is more just, equitable and inclusive.

    Rising against headwinds

    As a bloc of developing countries, emerging economies and the least-developed nations, the Global South, as a whole, faces common development tasks and missions as it is home to about 85 percent of the world’s population, according to Jiao Jie, dean of Tsinghua University’s PBC School of Finance.

    Over the past few decades, Global South countries have posted remarkable economic growth, injecting stability and vitality into the world economy, said Jiao, who estimated that the share of the Global South in the world’s real GDP had surged from 26 percent in 2006 to 42 percent in 2024 — driven notably by emerging economies, including China and India.

    However, the forum’s attendees warned, the external environment has become more complex for the Global South, as the world economy is grappling with slowing growth, geopolitical tensions and resurgent protectionism.

    In 2023 alone, nearly 3,000 new trade-distorting measures had stifled cross-border flows of technology, capital and labor, Jiao told Xinhua, underlining that the latest round of protectionism, represented by additional tariff hikes, is posing even more challenges.

    Yamile Berra Cires, first vice president of the Central Bank of Cuba, said that a technological and economic blockade from certain developed countries, coupled with geopolitical tensions, climate change and accelerated digital transformation in the financial sector, have exposed greater vulnerabilities in Global South economies, such as that of Cuba.

    Despite accounting for more than 40 percent of the global economy and contributing 80 percent to world economic growth, Global South nations still face a disparity between their economic contribution and their influence in the current international financial system, according to Gu Shu, chairman of Agricultural Bank of China, one of the country’s major lenders.

    Vision for new financial order

    In releasing the Beijing Consensus document, representatives of the Global South financiers are calling for Global South countries to join hands to address common challenges, including sizable financing gaps, mis-allocation of resources and widening technological divides.

    “As we navigate a rapidly changing global economic landscape, nations in the Global South find themselves at a pivotal moment, gifted with unprecedented opportunities and facing notable challenges,” said Andre du Plessis, CEO of Standard Advisory (China) Ltd, who hailed the consensus as a milestone move.

    For Africa, as a major member of the Global South, a multilateral and inclusive approach is essential for economic development, Du Plessis said, while calling for greater collaboration in terms of inclusive financial cooperation.

    “When the Global South acts, its future development prospects appear even more promising,” he added.

    Notably, many countries in the Global South are struggling with unsustainable debt levels — which are significantly limiting their ability to invest in key areas such as health, education, social equity and other national priorities, said Shyam Prasad Bhandari, joint secretary of Nepal’s finance ministry.

    Bhandari suggested that Global South countries enhance coordination concerning green finance, as it’s a strategy that shapes resilience, drives innovation and ensures future prosperity.

    “The investment needs of the Global South are even larger if we consider challenges such as global warming, which would require countries to invest in new infrastructure, renewable energy and agricultural technology to improve their readiness,” said David Sumual, chief economist of Indonesia’s Bank Central Asia, who called for enhanced South-South cooperation.

    “While the road ahead is undoubtedly challenging, it is also full of opportunities,” said Jonathan Titus-Williams, deputy minister of planning and economic development of Sierra Leone.

    Through diverse and creative financing options, Global South countries can create a more equitable, sustainable and resilient financial governance order, Titus-Williams added. 

    MIL OSI China News

  • MIL-OSI Security: Local Tax Preparer Sentenced to Federal Prison for Filing False Tax Returns

    Source: Office of United States Attorneys

    SHREVEPORT, La. – Acting United States Attorney Alexander C. Van Hook announced that Sharhonda Law, 39, of Haughton, Louisiana, has been sentenced by United States District Judge S. Maurice Hicks, Jr. to 20 months in prison, followed by 3 years of supervised release, for tax fraud.  Law was also ordered to pay restitution in the amount of $123,455.

    Sharhonda Law was a federal income tax return preparer who owned and operated Law’s Tax Service in Shreveport and was the sole tax return preparer for the company. According to information presented in court, Law prepared and filed a client’s 2019 tax return with the IRS. The return she prepared included a false and fraudulent Schedule F, “Profit or Loss from Farming,” which falsely claimed that the client had farming income and incurred farming expenses, resulting in a net farming loss. As a result of Law’s actions, the tax refund falsely showed the client was due a refund when, in fact, the client actually owed taxes for that tax year.

    An investigation into the falsely filed tax return showed that Law’s client did not have a farm, nor did they tell Law they owned or operated a farm. In fact, the client never provided Law with any of the farming-related income or expenses that she input on the Schedule F. Law pleaded guilty on November 20, 2024, to one count of aiding and assisting in making and subscribing a false return.

    Law made similar misrepresentations on six other tax returns prepared for clients. In addition, she falsified her own income on two of her personal tax returns, and she failed to file tax returns for other years. The total criminal tax loss in this case was determined to be $123,455. 

    The case was investigated by Internal Revenue Service – Criminal Investigation and prosecuted by Assistant United States Attorney Robin S. McCoy.

    # # #

    MIL Security OSI

  • MIL-OSI Africa: CLG to Share Legal, Regulatory Insights at Inaugural Congo Energy & Investment Forum

    Source: Africa Press Organisation – English (2) – Report:

    BRAZZAVILLE, Congo (Republic of the), March 21, 2025/APO Group/ —

    With expertise spanning multiple industries, a delegation from pan-African legal and advisory firm CLG (formerly Centurion Law Group) will speak at the inaugural Congo Energy & Investment Forum (CEIF) in Brazzaville this March. CLG, the official legal partner for CEIF 2025, is set to leverage this platform to address the unique challenges within Congo’s energy investment sector.

    The delegation will include Zion Adeoye, CEO and Group Managing Partner; Yves Ollivier, Managing Director of CLG Congo; Grace Yella, Tax and Legal Director for Cameroon and Achare Takor, Senior Associate for Cameroon at CLG.

    The inaugural Congo Energy & Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country.

    At CEIF 2025, CLG will host the Legal & Regulatory Frameworks for Congo’s Energy Market Development technical workshop. This session aims to provide an in-depth analysis of the current frameworks governing natural gas, including licensing requirements, fiscal policies and gas monetization strategies under the country’s Hydrocarbons Code. A panel of legal experts from CLG will discuss how legal factors influence investment decisions and contribute to the growth of Africa’s energy sector.

    Congo is also set to unveil its Gas Master Plan and new Gas Code at CEIF 2025, which will advance the country’s gas monetization agenda and catalyze new infrastructure development. In parallel, Congo will launch an international oil and gas licensing round aimed at attracting investment in both marginal and deepwater blocks as part of its strategy to double oil production by 2027. With its recent office opening in Pointe-Noire, CLG is poised to offer direct support to energy professionals operating in or entering the Congolese market.

    CLG’s Pointe-Noire office, managed by Ollivier, is focused on providing legal support for current and upcoming hydrocarbons projects in the region. Under Ollivier’s leadership, CLG’s local presence will help energy players navigate Central Africa’s complex legal landscape, minimizing risks and protecting assets. With expertise spanning energy, infrastructure, mining, agriculture and ESG standards, CLG offers comprehensive guidance to clients operating across Africa’s dynamic business environments. The firm combines technical excellence with an understanding of local markets and regulatory frameworks, helping clients achieve their business objectives and capitalize on growth opportunities.

    “CLG’s expertise across energy, legal frameworks and regulatory issues is invaluable, particularly as we work to unlock the immense potential of Congo’s energy sector. The insights from CLG’s distinguished team will play a pivotal role in shaping discussions around the future of energy investment in Congo and Africa at large, providing crucial perspectives on the legal and regulatory complexities that will guide the region’s growth,” states Sandra Jeque, Events and Project Director at Energy Capital & Power.

    MIL OSI Africa

  • MIL-OSI Global: Defending humanitarian aid in terms of national security obscures its real purpose

    Source: The Conversation – USA – By Chen Reis, Associate Clinical Professor, Director, Humanitarian Assistance Program, & Director, Human Rights MA, University of Denver

    A woman scoops up portions of wheat to be allocated to each waiting family after it was distributed in the Tigray region of northern Ethiopia in 2021. AP Photo/Ben Curtis

    More than 305 million people require lifesaving humanitarian aid today. Most of them live in areas wracked by conflict, such as Sudan, Gaza, Afghanistan and the Democratic Republic of Congo.

    By many estimates, there is more need than ever for this assistance – and the need is growing. But humanitarian funding, which is primarily provided by governments, is declining. The Trump administration stopped disbursing nearly all U.S. humanitarian aid on Jan. 20, 2025. It made these cuts at a time when the Netherlands, the United Kingdom, France, Switzerland, Belgium and other wealthy countries are slashing their own aid spending.

    Judges have ruled that the U.S. government must rehire aid workers and make overdue payments for aid already delivered by nongovernmental companies, international agencies and private contractors. While legal disputes wend through the courts, these cuts are already having disastrous consequences for people in Afghanistan, Sudan and other places facing crises.

    As scholars who study humanitarian aid, we are seeing not just a crisis of funding but also one that jeopardizes the credibility of the entire global system that provides this lifesaving assistance.

    When conflict breaks out or a disaster like an earthquake strikes, people require emergency medical care, temporary shelter, food and water. In countries where the government is unable or unwilling to provide these services, humanitarian organizations and international agencies step in to fill the gaps. Humanitarian aid is based on empathy and the recognition that everyone has a right to live with dignity.

    When discussing the impacts of its aid freeze and challenging the Trump administration’s misinformation about the U.S. Agency for International Development, many NGOs and experts on humanitarian assistance have not focused on empathy and rights.

    They have in their defense of the agency responsible until now for most of the foreign aid the U.S. provides instead relied on arguments that appeal to U.S. national security, soft power and economic interests.

    Sen. Chris Coons, a Connecticut Democrat, has warned that China will benefit from the U.S. aid cutoff.

    “Our biggest global competitor and adversary is delighted that we’ve handed them an opportunity to say to communities and countries around the world that we are not a reliable partner,” Coons said.

    By highlighting geopolitical, security and economic arguments for humanitarian aid, in our view, they risk further hurting the sector’s legitimacy.

    Protesters rally in support of USAID in Washington on Feb. 5, 2025.
    Nathan Posner/Anadolu via Getty Images

    A ‘seismic shock’

    Tom Fletcher, who leads the United Nations’ humanitarian efforts, has called the Trump administration’s aid reduction “a seismic shock to the sector.” But the latest cuts are part of a longer-term trend.

    While needs have increased, humanitarian funding has been flat or declining for years, leaving millions of people who need food, health care, shelter and protection without the assistance they need.

    Every year, the U.N. assesses humanitarian need for the coming year and issues what amounts to a global budget request to meet those needs. Government donors commit funds toward that budget request, and those funds are then distributed to U.N. agencies and NGOs that implement humanitarian programming.

    Since 2016, the gap between funding requirements and funding commitments has grown. In 2024, the U.N. requested US$49.5 billion in humanitarian funding and received less than half, or $23.9 billion, with the U.S. contributing 41% of that amount.

    Until January 2025, the U.S. accounted for 35%-46% of total annual global humanitarian funding. The abrupt cutoff of funds has led to a scramble to pay for food for malnourished children in Sudan, health care for refugees from Myanmar, and maternal health services in Yemen.

    Without U.S. funding, the humanitarian work of the United Nations agencies and NGOs that deliver humanitarian aid in part funded by governments is in jeopardy.

    Because of the cuts, Catholic Relief Services and the International Rescue Committee, for example, have laid off staff and shuttered health clinics that prevent or treat infectious diseases like malaria and HIV/AIDS. They can no longer provide access to clean water and sanitation services or other lifesaving aid in many places where they work.

    Core principles violated

    Humanitarian groups have historically embraced a set of core principles that emphasize the alleviation of human suffering wherever it may occur while remaining independent, neutral and impartial.

    In conflict zones, these principles are essential for gaining access to people who need help. Aid workers build trust and acceptance by not picking sides in a conflict and providing aid based on need.

    Focusing on what benefits donor countries instead of what serves humanitarian needs in areas experiencing famine, disasters or conflicts is at odds with these principles. However, in January, U.S. Secretary of State Marco Rubio suggested that U.S. interests would decide how aid is allocated.

    “Every dollar we spend, every program we fund and every policy we pursue must be justified with the answer to three simple questions,” Rubio said. “Does it make America safer? Does it make America stronger? Does it make America more prosperous?”

    Since late January, the Trump administration has cut 83% of USAID’s programs, according to recent reports.

    Transactional arguments

    In March, the State Department sent a questionnaire to nongovernmental organizations and U.N. agencies asking how they will conform to President Donald Trump’s “America First” policy and distribute aid in alignment with foreign policy goals.

    Governments always consider their own interests as one factor when making decisions about humanitarian aid. But, we are concerned that humanitarian organizations and the public are not pushing back on these purely transactional arguments.

    Instead, some organizations seem to be falling in line.

    “This investment pays dividends by preventing humanitarian crises, containing disease outbreaks, and countering adversarial influence in vulnerable regions,” stated InterAction, an association of U.S.-based NGOs that distribute humanitarian aid and development assistance. “That’s why foreign aid has maintained decades of support across party lines — it is vital for U.S. security and international stability.”

    We also see in these comments signs that justifications for aid are changing.

    When former Secretary of State Colin Powell called nongovernmental organizations a “force multiplier” in 2001, it stirred controversy because he suggested that they were an extension of the government and a pillar of U.S. strategy. Even still, he acknowledged that NGOs required independence from government to do their essential work.

    An important choice

    Humanitarian organizations are grappling with the financial and operational consequences of their reliance on a small number of donor governments that have cut off or cut back aid. As they adjust to the new reality, we believe that they must make a choice.

    They can embrace the increasingly transactional agendas of the rich countries that have historically provided most humanitarian aid funding. Doing so may increase aid flows but compromise humanitarian neutrality and impartiality – potentially restricting their access to the places they need to go to do their work.

    Or they can focus on people affected by crises – as recipients of assistance and as agents of change. This option would likely mean operating on an even smaller budget at a time when needs are increasing.

    Either way, the decisions made today will have significant implications for the future of humanitarian action.

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

    ref. Defending humanitarian aid in terms of national security obscures its real purpose – https://theconversation.com/defending-humanitarian-aid-in-terms-of-national-security-obscures-its-real-purpose-252246

    MIL OSI – Global Reports

  • MIL-OSI Global: Why the words in your job posting may attract rule-bending narcissists

    Source: The Conversation – USA – By Jonathan Gay, Assistant Professor of Accountancy, University of Mississippi

    Posting a job opening? Take a close look at the language. Ronnie Kaufman/The Image Bank via Getty Images

    When companies advertise job openings, they often use buzzwords like “ambitious” and “self-reliant” to describe their ideal candidate. These traits sound appealing — what hiring manager wouldn’t want a driven employee?

    But there’s a catch. In my latest study, published in the journal Management Science with co-authors Scott Jackson and Nick Seybert, I found that these terms may attract job applicants with more narcissistic tendencies.

    As behavioral researchers in accounting, we are interested in executives who bend the rules. We decided to study job postings after noticing that the language used to describe an “ideal candidate” often included traits linked to narcissism. For example, narcissists tend to see themselves as highly creative and persuasive. Prior research also shows that narcissistic employees are more innovative and willing to take risks to get the success and admiration they crave, even if it means bending the rules.

    Based on these observations, we compiled two sets of terms commonly used in job postings. We call the two sets “rule-follower” and “rule-bender” language.

    Some examples of rule-bender language include “develops creative and innovative solutions to problems,” “communicates in a tactical and persuasive manner” and “thinks outside the box.” In contrast, the rule-follower language includes terms like “relies on time-tested solutions to problems,” “communicates in a straightforward and accurate manner” and “thinks methodically.”

    Through a series of experiments, we found that rule-bender language attracts individuals with higher levels of narcissism for accounting-specific jobs, as well as other industries. To measure narcissism, we used a personality assessment that asks people to choose whether they identify more with more narcissistic statements like, “I always know what I am doing,” or less narcissistic statements like “Sometimes I am not sure of what I am doing.”

    We also found that recruiters are more likely to use rule-bender terms when hiring for highly innovative, high-growth companies. For accounting positions, recruiters are more likely to use such terms when aggressive financial reporting could benefit the firm.

    Why it matters

    Companies write job postings carefully in hopes of attracting the ideal candidate. However, they may unknowingly attract and select narcissistic candidates whose goals and ethics might not align with a company’s values or long-term success. Research shows that narcissistic employees are more likely to behave unethically, potentially leading to legal consequences.

    While narcissistic traits can lead to negative outcomes, we aren’t saying that companies should avoid attracting narcissistic applicants altogether. Consider a company hiring a salesperson. A firm can benefit from a salesperson who is persuasive, who “thinks outside the box” and who is “results-oriented.” In contrast, a company hiring an accountant or compliance officer would likely benefit from someone who “thinks methodically” and “communicates in a straightforward and accurate manner.”

    Bending the rules is of particular concern in accounting. A significant amount of research examines how accounting managers sometimes bend rules or massage the numbers to achieve earnings targets. This “earnings management” can misrepresent the company’s true financial position.

    In fact, my co-author Nick Seybert is currently working on a paper whose data suggests rule-bender language in accounting job postings predicts rule-bending in financial reporting.

    Our current findings shed light on the importance of carefully crafting job posting language. Recruiting professionals may instinctively use rule-bender language to try to attract someone who seems like a good fit. If companies are concerned about hiring narcissists, they may want to clearly communicate their ethical values and needs while crafting a job posting, or avoid rule-bender language entirely.

    What still isn’t known

    While we find that professional recruiters are using language that attracts narcissists, it is unclear whether this is intentional.

    Additionally, we are unsure what really drives rule-bending in a company. Rule-bending could happen due to attracting and hiring more narcissistic candidates, or it could be because of a company’s culture – or a combination of both.

    The Research Brief is a short take on interesting academic work.

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

    ref. Why the words in your job posting may attract rule-bending narcissists – https://theconversation.com/why-the-words-in-your-job-posting-may-attract-rule-bending-narcissists-249933

    MIL OSI – Global Reports