Category: Business

  • MIL-OSI New Zealand: Greenpeace – Fonterra’s palm kernel supply link to illegal palm operations bad news for Nestlé

    Source: Greenpeace

    Greenpeace Aotearoa says Fonterra’s entire supply chain is tainted with illegal palm products after all of the major importers of palm kernel into New Zealand have been found to be illegally operating palm plantations in Indonesia.
    A decree from the Indonesian Minister of Forestry released a list of 436 companies operating palm plantations without proper permits in Indonesian forest areas. New Zealand’s main importers of palm kernel – Wilmar International, Viterra, GAR, Musim Mas and Apical – are all implicated in this list of illegal operators.
    Greenpeace spokesperson Sinéad Deighton-O’Flynn says, “Over the last 20 years, nearly 10 million hectares of primary forest have been destroyed in Indonesia, and palm plantations have been the leading driver of that deforestation. It is shameful that New Zealand’s dairy industry, led by Fonterra, continues to contribute to this destruction through its reliance on palm kernel.”
    New Zealand is the world’s biggest importer of palm kernel, importing nearly 2 million tonnes annually from Southeast Asia. Palm kernel is used as a supplementary feed for dairy cows, particularly during dry summer months when there isn’t enough grass to feed the dairy herd. The main importer of palm kernel to New Zealand is Wilmar International, the parent company of Agrifeeds, which sells its palm kernel exclusively through Fonterra’s Farm Source stores.
    “This new evidence indicates that Fonterra and Agrifeeds are both complicit in deforestation and the destruction of rare wildlife habitat in Southeast Asia,” says Deighton-O’Flynn.
    “When Fonterra uses deforestation-linked palm kernel, it becomes embedded in its dairy products, tainting its entire supply chain. This means products like Kit Kat, Snickers bars and Milo, which are made with Fonterra’s dairy, are linked to deforestation too.”
    An analysis published by Greenpeace Indonesia indicated that as of 2019, illegal oil palm plantings in Indonesia’s forest estate occupied 183,687 hectares of land previously mapped as orangutan habitat and 148,839 hectares of Sumatran tiger habitat. Both species are critically endangered.
    In Decree 36/2025, Indonesia’s Minister of Forestry revealed that over 1 million hectares of forest are being used for palm plantations illegally, with 790,474 hectares in the process of settlement, while 317,253 hectares have been rejected for settlement.
    Deighton-O’Flynn says, “Fonterra made a commitment to zero deforestation in its supply chains by 2025, and its biggest customers like Nestlé, MARS and Danone all have Zero Deforestation policies. However, this Indonesian Government decree implicates all of these companies in illegal operations and associated historic deforestation in Indonesia.”
    Wilmar International, and many of the other companies listed hold Roundtable on Sustainable Palm Oil (RSPO) certifications. A Greenpeace report from 2021, found that certifications like RSPO are weak tools to protect rainforests and peatlands from deforestation.
    “Fonterra must ban the use of rainforest-destroying palm kernel on all of its farms across the country in light of these new developments. The company cannot continue to claim to be deforestation-free while relying on this destructive feed.”
    In late 2024, Greenpeace announced it was suing Fonterra for false claims on its Anchor Butter packaging. The packaging bore a label reading ‘100% New Zealand grass-fed’, despite Fonterra’s own policy allowing for up to 20% of a cow’s diet to be palm kernel. Since the lawsuit was announced on September 30th, the dairy giant has changed the logo on the packaging – but the grass-fed claim remains.
    Deighton O’Flynn says, “Fonterra must phase out the use of palm kernel, instead of relying on greenwash tactics, like misleading logos, weak sustainability certifications and a deforestation policy that ignores rainforest destroying palm kernel.
    “As Fonterra looks to sell its consumer brands, we’re issuing a warning to potential buyers. Fonterra’s grass is not as green as they claim it is – in fact, in some cases, it isn’t grass at all.”

    MIL OSI New Zealand News

  • MIL-OSI Security: Columbus Man Sentenced for COVID Fraud

    Source: Federal Bureau of Investigation (FBI) State Crime News

    OXFORD, MS – A Columbus man was sentenced today to 18 months in prison for fraudulently obtaining a $200,000 Economic Injury Disaster Loan related to the COVID-19 pandemic.

    According to court documents and evidence presented at trial, Ramirez Ivy, of Columbus, Mississippi conspired with Lakeith Faulkner, Norman Beckwood and others to each receive $200,000 from the Small Business Administration (SBA) based on a fraudulent loan application.  The loan applications contained fictitious documents and claimed business revenue that did not exist.

    In September 2024, after a three-day trial before U.S. District Judge Michael P. Mills, the jury found Ivy and Smith guilty on all counts.

    Judge Mills sentenced Ivy to 18 months to be followed by five years supervised release and ordered him to pay $200,000 in restitution to the SBA.

    On January 23, 2025, Felicia L. Smith, Ivy’s co-defendant at the September trial, was sentenced serve six months imprisonment followed by five years of supervised release. Smith was ordered to pay $200,000 in restitution to the SBA.

    On December 7, 2022, Faulkner, a former SBA employee, entered a plea of guilty to one count of conspiracy to commit wire fraud. On May 24, 2023, U.S. District Judge Debra M. Brown sentenced Faulkner to serve sixty-two (62) months imprisonment followed by five years of supervised release. Faulkner was also ordered to pay $10,620,452.26 in restitution to the SBA.

    On January 17, 2023, Beckwood entered a plea of guilty to one count of conspiracy to commit wire fraud. U.S. District Judge Sharion Aycock sentenced Beckwood to serve 62 months imprisonment followed by five years of supervised release. In addition to prison time, Faulkner was ordered to pay $10,620,452.26 in restitution to the SBA. In connection with his guilty plea, Beckwood also forfeited $700,147.74, a 2018 Mercedez Benz C Class and a 2020 Mercedes Benz G63.

    Thirty (30) other individual borrowers have also been charged in connection with the same scheme.

    “Ramirez Ivy was a law enforcement officer when he deceptively obtained funds that were intended to provide emergency financial relief to small businesses during the COVID-19 pandemic, and he absolutely knew better than to engage in this type of fraud,” said U.S. Attorney Clay Joyner.  “Today’s sentence should reinforce the fact that the prosecutorial and law enforcement partnership on display in this case will continue until the stolen money is recovered and the perpetrators have been brought to justice.”

    “Abusing a federal program designed to assist Americans in a time of need has, and will continue to be, aggressively investigated by the Treasury Inspector General for Tax Administration. What makes this crime even more egregious is that Mr. Ivy was a police officer in a position of public trust,” stated Assistant Inspector General Gary Smith for Investigations for the U.S. Treasury Inspector General for Tax Administration. “This sentencing demonstrates our commitment to investigating and bringing to justice anyone who victimizes the American taxpayer. I want to thank TIGTA’s Special Agents, our law enforcement partners and the U.S. Attorney’s Office for their unwavering dedication to this goal.”

    “Today’s sentencing of former police officer, Ramirez Ivy, demonstrates the FBI’s commitment to investigating those who defraud the federal government, no matter their position within the community,” remarked Special Agent in Charge Robert Eikhoff for the FBI Jackson Division. “The FBI, alongside our partners, will continue to investigate and hold individuals accountable, like Mr. Ivy, who commit fraudulent crimes against the U.S. Government.”

    “The abuse of programs designed to assist small businesses is unacceptable. This sentencing underscore the SBA Office of Inspector General’s unwavering commitment to holding fraudsters accountable and ensuring justice is served,” said Sophia Curtis Acting Special Agent in Charge of the SBA OIG’s Central Region.

    This scheme was initially uncovered during a civil investigation, led by the Civil Division of the U.S. Attorney’s Office and Assistant U.S. Attorney J. Harland Webster.

    Assistant U.S. Attorneys Clayton A. Dabbs, Parker S. King and Samuel D. Wright of the Northern District of Mississippi are prosecuting the criminal case.

    The case was investigated by the FBI, the U.S. Small Business Administration Office of Inspector General and the U.S. Treasury Inspector General for Tax Administration.

    MIL Security OSI

  • MIL-OSI: Coface SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on February 24, 2025 to February 28, 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on February 24, 2025 to February 28, 2025

    Paris, 4 March 2025 – 17.45

    Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse1

    The main features of the 2024-2025 Share Buyback Program have been published on the Company’s website (http://www.coface.com/Investors/Disclosure-requirements, under “Own share transactions”) and are also described in the 2023 Universal Registration Document.

    Trading session
    of (Date)
    Number
    of shares
    Weighted
    average price
    Gross amount MIC Code Purpose
    of buyback
    24/02/2025 10,000 15.8885 € 158,885 € XPAR LTIP
    25/02/2025 10,000 16.0764 € 160,764 € XPAR LTIP
    26/02/2025 10,000 16.0722 € 160,722 € XPAR LTIP
    27/02/2025 10,000 16.2278 € 162,278 € XPAR LTIP
    28/02/2025 10,000 16.3557 € 163,557 € XPAR LTIP
    Total 24/02/2025 – 28/02/2025 50,000 16.1241 € 806,206 €   LTIP

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA


    1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L.225-209 and seq. of the French Commercial Code; Article L.221-3, Article L.241-1 and seq. of the General Regulation of the French Market Authority (AMF); AMF Recommendation DOC-2017-04 Guide for issuers on their own shares transactions and for stabilization measures.

    Attachment

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  • MIL-OSI: Coface SA: Disclosure of total number of voting rights and number of shares in the capital as at 28 February 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at 28 February 2025

    Paris, 4 March 2025 – 17.45

    Total Number of
    Shares Capital
    Theoretical Number of Voting Rights1 Number of Real
    Voting Rights2
    150,179,792 150,179,792 149,677,830

    (1)   including own shares
    (2)   excluding own shares

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the website www.wiztrust.com.

    About Coface

    COFACE SA is a société anonyme (joint-stock corporation), with a Board of Directors (Conseil d’Administration) incorporated under the laws of France, and is governed by the provisions of the French Commercial Code. The Company is registered with the Nanterre Trade and Companies Register (Registre du Commerce et des Sociétés) under the number 432 413 599. The Company’s registered office is at 1 Place Costes et Bellonte, 92270 Bois Colombes, France.

    At the date of 31 December 2024, the Company’s share capital amounts to €300,359,584, divided into 150,179,792 shares, all of the same class, and all of which are fully paid up and subscribed.

    All regulated information is available on the company’s website (http://www.coface.com/Investors).

    Coface SA. is listed on Euronext Paris – Compartment A
    ISIN: FR0010667147 / Ticker: COFA

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    The MIL Network

  • MIL-OSI Economics: Foreign Exchange and Liquidity and Monthly Balance Sheet, February 2025

    Source: Danmarks Nationalbank

    THE FOREIGN-EXCHANGE RESERVE

    In February 2025, the foreign-exchange reserve increased by kr. 3.4 billion to kr. 657.0 billion. The increase reflects Danmarks Nationalbank’s net purchase of foreign exchange for kr. 3.3 billion, and the central government’s net borrowing of foreign debt for kr. 0.1 billion, cf. table 1.

    For settlement in February, Danmarks Nationalbank has not intervened in the foreign exchange market.

    Danmarks Nationalbank’s net foreign-exchange purchases and the change in the foreign-exchange reserve – table 1

    Kr. billion February 2025 January 2025 – February 2025
    Danmarks Nationalbank’s interventions* to purchase foreign exchange, net 0.0 0.0
    Other** 3.3 0.4
    Danmarks Nationalbank’s net foreign-exchange purchases 3.3 0.4
    The central government’s net foreign borrowing*** 0.1 2.2
    Change in the foreign-exchange reserve 3.4 2.6

    Note: Details may not add because of rounding and previously published figure may have been revised. All transactions as per settlement date.

    * Intervention takes place when Danmarks Nationalbank purchases and sells foreign exchange for Danish kroner in the foreign-exchange market in order to stabilise the exchange rate.

    ** Comprises e.g. interest accrued on the foreign-exchange reserve, the central government’s net payments in foreign exchange, and changes in the banks’ deposits in euro-denominated accounts at Danmarks Nationalbank.

    *** Including net payments to the central government in foreign exchange as a result of currency swaps.

    DEVELOPMENT IN LIQUIDITY

    In February, the central government’s net financing requirement amounted to kr. -22.7 billion. Since the turn of the year, the central government’s net financing requirement has been kr. -22.3 billion, cf. table 2.

    The net position of the banks and mortgage-credit institutes vis-à-vis Danmarks Nationalbank decreased by kr. 19.5 billion in February, to an outstanding amount of kr. 237.1 billion. In February, the central government’s liquidity impact decreased the net position by kr. 22.8 billion.

    Impact of various factors on the net position of the banks and mortgage-credit institutes via-a-vis Danmarks Nationalbank – table 2

    Kr. billion February 2025 January 2025 – February 2025
    The central government’s net financing -22.7 -22.3
    Redemption on domestic central-government debt* 7.0 13.4
    Net bond purchases by the government funds and own portfolio and financing of social housing 1.1 -1.3
    Other** -0.2 0.1
    The central government’s gross domestic financing requirement -14.9 -10.0
    The central government’s gross domestic borrowing*** 7.9 15.4
    The central government’s liquidity impact -22.8 -25.4
    Danmarks Nationalbank’s net foreign-exchange purchases 3.3 0.4
    Danmarks Nationalbank’s net bond purchases 0.0 -0.2
    Other factors**** 0.0 1.8
    Change in net position -19.5 -23.4

    Note: Details may not add because of rounding and previously published figure may have been revised. All transactions as per settlement date.

    * Including krone-denominated payments by the central government in currency swaps.

    ** Comprises foreign net financing requirement and changes in net collateral for the government’s swap portfolio.

    *** Gross long-term borrowing, net short-term borrowing and krone-denominated payments to the central government in currency swaps.

    **** Comprises e.g. changes in banknotes and coins in circulation.

    DANMARKS NATIONALBANK’S INTEREST RATES

    Since 31 January 2025 the discount rate has been 2.35 pct. p.a., since 31 January 2025 the current-account interest rate has been 2.35 pct. p.a., since 31 January 2025 the lending rate has been 2.5 pct. p.a. and since 31 January 2025 the rate of interest on certificates of deposit has been 2.35 pct. p.a.

    Enquiries can be directed to press advisor Teis Hald Jensen on tel. +45 3363 6066.

    BALANCE SHEET OF DANMARKS NATIONALBANK 28 FEBRUARY 2025

    Assets 2025 2025
    1000 kr. 28/02 31/01
    Stock of gold 40,309,044 40,309,044
    Foreign assets 563,349,604 558,010,180
    Claims on the International Monetary Fund 58,683,071 58,714,478
    Claims related to banks’ and mortgage credit institutes’ TARGET accounts in ECB 32,772 30,579
    Monetary-policy lending
    Other lending 1,037,197 1,114,997
    – Banks’1) 1,037,197 1,114,997
    – Miscellaneous loans
    Domestic bonds 33,648,312 33,648,312
    Financial fixed assets, etc. 131,550 131,550
    Tangible and intangible fixed assets 715,190 716,825
    Other assets 4,872,019 5,138,110
    702,778,759 697,814,075

    1) Other lending to banks include loans for cash deposits.

    Liabilities 2025 2025
    1000 kr. 28/02 31/01
    Banknotes 46,880,067 46,956,721
    Coins 6,101,100 6,117,406
    Monetary-policy deposits 237,050,144 256,550,805
    – Current accounts 237,050,144 256,550,805
    – Certificates of deposit
    Other deposits 15,191,388 15,546,285
    – Deposits related to banks’ and mortgage credit institutes’ TARGET accounts in ECB 32,772 30,579
    – Other deposits from banks’ and mortgage credit institutes’ 1,407,732 1,437,503
    – Miscellaneous deposits 13,750,884 14,078,203
    Central government 239,437,163 216,526,715
    Foreign liabilities 5,300,892 3,382,533
    Counterpart of Special Drawing Rights allocated by the IMF (SDR) 45,039,776 45,039,776
    Other liabilities 24,071,249 23,986,854
    Capital and reserves 83,706,980 83,706,980
    702,778,759 697,814,075

    Note: The monthly balance sheet is calculated at beginning of year values +/- accumulated transaction values. The monthly balance does not include value adjustments and accruals, as these are only calculated at year-end, cf. Danmarks Nationalbank’s accounting principles.

    MIL OSI Economics

  • MIL-OSI Africa: Congo and the African Development Bank celebrate the strengthening of their strategic partnership for inclusive and sustainable development

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

    BRAZZAVILLE, Congo (Republic of the), March 4, 2025/APO Group/ —

    Talks held by the African Development Bank Group (www.AfDB.org) in the Republic of Congo from 24 – 28 February 2025 marked a significant step forward in strengthening the strategic partnership between the Bank and the Central African country.

    Led by Solomane Koné, Acting Director General for Central Africa, the discussions reinforced cooperation to accelerate national development priorities.

    They also coincided with the signing of two grant agreements (apo-opa.co/41HG8HS) totalling $1.5 million to address Congo’s energy challenges:

    • A $585,000 grant from the Middle Income Country Technical Assistance Fund to fund feasibility studies for hydroelectric infrastructure on the Congo River.
    • A $995,000 grant from the Korea-Africa Economic Cooperation Trust Fund (KOAFEC) to enhance the electrical transmission line between Pointe-Noire and Brazzaville.

    “The projects funded by these agreements will help us to open up power pools with neighbouring countries, such as the Democratic Republic of Congo. The African Development Bank will again play an essential role, since it is a stakeholder in numerous initiatives, including the new Mission 300 (apo-opa.co/41qMj1F), which our country welcomes,” commented the Congolese Minister of the Economy, Planning and Regional Integration, Ludovic Ngatsé, who is also the Bank Group’s governor for his country.

    “This financial support illustrates the Bank’s willingness to support Congo in modernizing its energy infrastructure, which is essential for diversifying its economy,” added Koné.

    In the digital sector, a visit to the Data Center (https://apo-opa.co/3XrGmjT), currently being built in Congo as part of the Central African Backbone fibre optic project, highlighted the country’s technological advances. This strategic centre will help improve national and regional connectivity, while supporting the emergence of an inclusive digital economy and sovereignty.

    Strategic discussions for stronger cooperation

    The Bank Group’s mission was also punctuated by high-level meetings, including with the Prime Minister, Anatole Collinet Makosso, and the Minister of the Economy, Planning and Regional Integration, Ludovic Ngatsé, and other members of the Congolese government. The talks were an opportunity to reiterate the Bank’s commitment to supporting the structural reforms and implementation of Congo’s National Development Plan (NDP) 2022-2026.

    The Bank Group’s mission encouraged the government to pursue the satisfactory implementation of major reforms, particularly in terms of debt management, to allow the Bank to provide funding, from 2025 onwards, for core projects that have already been planned or are in preparation, particularly in the energy sector.

    “You can be reassured by the fact that we are going to keep our commitments and will continue to count on the Bank’s valuable support,” stated the Congolese Prime Minister.

    The Bank’s representatives were welcomed by the Ministers of Agriculture, Livestock Farming and Fishing; Technical and Vocational Education; Finance, the Budget and Public Holdings; and Energy and Water, among others. The talks with ministers helped consolidate the strategic dialogue on key questions, review the progress of current projects – some of which are approaching completion, with tangible results – monitor commitments and discuss the prospects of the partnership between the African Development Bank Group and the Republic of Congo.

    A meeting with United Nations representatives also provided an opportunity to explore synergies with the Bank to maximize the impact of interventions, particularly in energy. The working meeting with the Central Africa Power Pool highlighted the importance of regional integration in this sector to respond to the country’s energy security and access challenges.

    Outlook for positive cooperation

    The Bank Group’s mission to Congo also opened prospects for mobilizing new funding to support strategic sectors, especially energy, digital infrastructure and roads.

    The Bank Group’s mission to Congo explored new funding opportunities for key sectors, including energy, digital infrastructure, and roads.

    The Bank plans to provide technical assistance to help Congo reassess its GDP, incorporating natural capital—a key step in unlocking climate funding.

    Congo has also expressed interest in joining the second cohort of Energy Compacts under Mission 300 (https://apo-opa.co/41qs981), a joint initiative by the African Development Bank and World Bank.

    Lastly, discussions covered Congo’s hosting of the Bank’s 2026 Annual Meetings, with the Prime Minister reaffirming the country’s readiness to ensure a successful event.

    The Bank is planning to provide technical assistance to support Congo in “reassessing” its gross domestic product to take account of its natural capital, creating a genuine opportunity to mobilize climate funding.

    Moreover, Congo has expressed its interest in being part of the second cohort of countries committed to Energy Compacts in the context of Mission 300 (https://apo-opa.co/3Xvrd15), an unprecedented initiative by the African Development Bank and World Bank. Finally, the mission discussed the organization by Congo of the Bank Group’s 2026 Annual Meetings. The Congolese Prime Minister offered reassurance as to his country’s preparedness and promised a successful outcome.

    “The relationship between the African Development Bank and the Republic of the Congo is excellent. The Bank has always been at our side, providing various forms of support, both operationally and in terms of strategic advice. It exerts its influence to back initiatives to support Congo, and it has my sincere thanks for that,” concluded Anatole Collinet Makosso.

    Cooperation between the African Development Bank and the Republic of the Congo is based on the Country Strategy Paper (CSP) 2023-2028 (https://apo-opa.co/41EiyMo), which focuses on two priority areas: the development of sustainable infrastructure to strengthen value chains with high growth potential, and improving human capital and economic governance to support social inclusion.

    MIL OSI Africa

  • MIL-OSI: TGS: VESTING OF 2023 RESTRICTED SHARE UNIT AWARD

    Source: GlobeNewswire (MIL-OSI)

    Oslo, Norway (4 March 2025) – On 1 March 2025, 15,000 Restricted Share Units (RSUs) granted to Carel Hooijkaas on 1 March 2023, in accordance with the terms of his employment agreement, as approved by the Board of Directors of TGS ASA, and TGS Remuneration Policy, approved by the shareholders of TGS ASA, vested.  Each vested RSU represents the right to receive one share of the Company’s common stock, with the shares to be issued from the Company’s treasury stock. The vested RSUs may be partially settled in cash using the fair market value of the shares as defined under the award agreement, to cover tax withholding obligations and other necessary deductions that arise in connection with the vest.

    The schedule attached reflects the holdings of the primary insider.

    About TGS
    TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com.

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  • MIL-OSI: Alm. Brand A/S – Completion of proportionate buyback of shares from Foreningen Alm. Brand af 1792 fmba

    Source: GlobeNewswire (MIL-OSI)

    Today, Alm. Brand Group A/S has completed a block buyback of 47,710,542 shares for a total amount of DKK 764,8 million from Foreningen Alm. Brand af 1792 fmba, equivalent to 47.8% of the total share buyback of DKK 1.6 billion announced on 22 January 2025 through company announcement no. 4/2025. The buyback is related to the divestement of Energy & Marine. The block buyback was completed to maintain Foreningen Alm. Brand af 1792 fmba’s percentage ownership interest in Alm. Brand Group A/S following completion of the total share buyback. The block buyback was completed at the closing price of the company’s shares on Nasdaq Copenhagen on 4 March 2025.

    In accordance with section 31 of the Danish Capital Markets Act, Alm. Brand A/S hereby announces that the portfolio of treasury shares now exceeds 5% of the shares in Alm. Brand A/S.

    Contact
    Please direct any questions regarding this announcement to:

            

    Head of IR, Rating and ESG reporting        
    Mads Thinggaard                 
    Mobile no. +45 2025 5469        

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  • MIL-OSI Video: One-Person Enterprise | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    As AI evolves from a support tool to a co-pilot, the dynamics of building and running a company are changing. Companies are increasingly relying on technology enabling one individual to achieve what previously required entire teams.

    How far are we from a true one-person unicorn and what does this mean for the future of employment and capital?

    Speakers: Benjamine Liu, Kanjun Qiu, Dan Murphy, Mitchell Green, Sarah Franklin, Richard Socher

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=X9pjdyLFbYs

    MIL OSI Video

  • MIL-OSI United Kingdom: Innovative sensory library project launches in Coventry

    Source: City of Coventry

    A community-led project to set up a sensory library at Coventry Central Library has now launched.

    The library features a range of sensory equipment such as noise cancelling headphones, weighted lap pads and various sensory lights that can be borrowed free of charge with a library card. The sensory library is predominately aimed at adults with autism but is available for anyone to use.

    This project has been set up by Alex Hilton, a Coventry resident with autism, in collaboration with community group Coventry Resting spaces, supported by local charity Grapevine. It has been funded by Heart of England Community Foundation and supported by Coventry Central Library.

    The idea came about when Alex discovered that autistic sensory processing is not typically well catered for in society. Sensory stimuli can easily cause distress for people that have autism.

    Sensory equipment can also be expensive and it can be difficult for people to know what they need.

    Alex said: “If I’d have had the chance to borrow a pair of noise cancelling headphones for example, I would have realised how much they would help years earlier and been in a better position in my life.

    “I want to support people in my community and offer them the chance to try out a range of equipment so they can see what best meets their needs before they make a purchase.”

    The sensory resources at Central Library will be a very welcome addition, helping to enhance the sensory experience and wellbeing of the local community.

    Councillor Dr Kindy Sandhu, Cabinet Member for Education and Skills said: “What a wonderful new addition to our already well-equipped Central Library. Everyone in the city deserves to have the opportunity to access equipment that is going to help their individual needs. I’m delighted that Alex has joined forces with local communities, charities and the library to make this idea a reality.

    “The new initiative is going to be beneficial to so many people in the city and I’d encourage anyone that thinks they could benefit from the sensory library to go ahead and use it. I’m looking forward to having a look myself.”

    Coventry Resting Spaces provide free, quiet spaces, in and around the city centre where people who need a resting space can have that. They are a group with lived experiences and now have four spaces around the city centre and nearby, including at Coventry Central Library. A fifth resting space is due to open at Herbert Art Gallery in July.

    The Resting Spaces team said: “The sensory library will fit really well with our work of enabling people with hidden disabilities to better participate in our local community, so we are thrilled to be working together.”

    To keep up to date with the latest news, sign up for our Your Coventry email newsletter or follow the Council on FacebookX (formerly Twitter), YouTubeInstagramLinkedIn and TikTok.

    MIL OSI United Kingdom

  • MIL-OSI USA: Sen. Billy Hickman Applauds Senate Passage of “Dignity and Pay Act”

    Source: US State of Georgia

    ATLANTA (March 4, 2025) — Yesterday, Senate Bill 55, the “Dignity and Pay Act,” was passed out of the Senate with a vote of 51 to 3. This legislation now moves to the Georgia House of Representatives for further consideration. SB 55 would prevent companies from paying employees with disabilities a subminimum wage and give a timeline for companies currently paying less than minimum wage to follow in phasing out the practice.

    “Currently, Georgians are receiving less than $1 an hour for their work,” said Sen. Billy Hickman (R–Statesboro), sponsor of the legislation. “The practice of subminimum payment just limits the potential of disabled Georgians and segregates them from the competitive workforce. With one of the strongest economies in the country, ensuring that all Georgians receive at least minimum wage is common sense and respectful of the work these employees do. Thank you to my colleagues on the other side of the aisle for supporting this bill. I look forward to seeing this legislation pass quickly through the House. Let’s help Georgia be a leader in fair employment.”

    SB 55 passed through the Senate chamber with bipartisan support. Should the bill pass, Georgia would join 13 other states who have phased out this practice. After July 1, 2027, no Community Rehabilitation Program employer in Georgia can pay a subminimum wage to disabled employees.

    SB 55 can be found here.

    # # # #

    Sen. Billy Hickman serves as Chairman of the Senate Committee on Education and Youth. He represents the 4th Senate District which includes Bulloch, Candler, Effingham, and Evans County as well as a small portion of Chatham County. He may be reached at 404.463.1371 or by email at Billy.Hickman@senate.ga.gov.

    For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News

  • MIL-OSI: PU Prime Launches The Ultimate Lucky Draw Promotion

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 04, 2025 (GLOBE NEWSWIRE) — To mark Saint Patrick’s season, PU Prime is launching PU Prime’s Ultimate Lucky Draw promotion, giving traders the opportunity to win exclusive prizes, including an iPhone 16 Pro Max, iPad Pro, AirPods Max, and bi-weekly cash rewards. The promotion runs from 1 March to 30 April 2025.

    How to Participate

    Eligible participants can enter the Ultimate Lucky Draw by completing the following steps:

    1. Deposit and Trade – A minimum deposit of $500 USD is required.
    2. Earn Lucky Draw Tickets – One ticket is awarded for every $100,000 in Notional Volume traded.
    3. Prize Draws – Accumulated tickets increase the likelihood of selection in bi-weekly cash draws and the grand prize draw on May 5, 2025.

    Prize Structure

    Traders who meet the eligibility criteria and accumulate tickets will have the chance to win the following:

    • 1st Prize: iPhone 16 Pro Max (256GB)
    • 2nd Prize: iPad Pro 11″ (256GB, WiFi)
    • 3rd Prize: AirPods Max

    In addition to the grand prizes mentioned above, PU Prime will also be holding bi-weekly cash draws that offer a total of $600 in cash rewards. The bi-weekly cash draws will span across four draw dates: 17 March, 31 March, 14 April, as well as 28 April 2025. In each draw, there will be 3 winners, each rewarded with an amount of $50. There will be no limit on the number of tickets a participant can accumulate and this promotion is open to holders of Standard and Islamic Standard Accounts.

    For more information on PU Prime’s promotions, users can visit www.puprime.com/promotions/

    For media inquiries, users can contact the PR team via media@puprime.com.

    About PU Prime

    Founded in 2015, PU Prime is a leading global fintech company providing innovative online trading solutions. Today, we offer regulated financial products across various asset classes, including forex, commodities, indices, and gold. Committed to providing advanced technology and educational resources, PU Prime supports traders and investors at every stage, from beginner to professional. With a presence in over 120 countries and exceeding 40 million app downloads, PU Prime is dedicated to enabling financial success and fostering a global community of empowered traders.

    Contact

    Arielle Hong
    PU Prime
    media@puprime.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1d822a19-1837-422b-9a90-e93b85ba78f0

    The MIL Network

  • MIL-OSI: LambdaTest and KineticSkunk™ Forge Strategic Partnership to Elevate Testing and Innovation

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, March 04, 2025 (GLOBE NEWSWIRE) — LambdaTest, a leading cloud-based unified testing platform has announced a strategic partnership with KineticSkunk™, a pioneer in DevOps, DevSecOps, and Observability solutions. This collaboration is set to enhance software testing capabilities, improve product quality, and streamline digital transformation processes for businesses globally.

    By combining LambdaTest’s cutting-edge cloud testing infrastructure with KineticSkunk™’s expertise in DevOps and DevSecOps, the partnership will empower organizations with advanced, efficient, and scalable testing solutions. The alliance also underscores a shared commitment to innovation and social responsibility, ensuring that businesses not only achieve operational excellence but also contribute to a more inclusive digital future.

    “At LambdaTest, we believe that great software is built on a foundation of seamless testing and continuous innovation. Partnering with KineticSkunk™ allows us to bring that vision to life by combining our strengths in cloud testing with their deep expertise in DevOps and security. Together, we’re not just optimizing testing—we’re helping businesses ship quality software faster, smarter, and with confidence,” said Mohit Juneja, VP Strategic Sales and Partnerships, LambdaTest.

    Echoing this sentiment, Donovan Mulder, Chief Executive Officer, KineticSkunk™, stated, “At KineticSkunk™, we are committed to driving innovation in DevOps, DevSecOps, and Observability to help businesses achieve seamless digital transformation. Partnering with LambdaTest allows us to extend our expertise and deliver cutting-edge testing solutions that enhance software quality, security, and speed to market. Together, we are not just shaping the future of testing—we are enabling organizations to build resilient, high-performing software ecosystems with confidence.”

    As part of this strategic collaboration, LambdaTest and KineticSkunk™ hosted an exclusive round-table event in Cape Town, bringing together industry leaders to discuss key trends and challenges in software testing, automation, and DevSecOps. The event provided valuable insights into how organizations can future-proof their software development and testing strategies.

    Customers and affiliates of both companies will benefit from a seamless integration of advanced testing frameworks and DevSecOps solutions, ensuring faster release cycles, enhanced security, and improved software reliability. By leveraging each other’s strengths, LambdaTest and KineticSkunk are poised to set new benchmarks in software testing and development.

    About LambdaTest
    LambdaTest is an AI-native, omnichannel software quality platform that empowers businesses to accelerate time to market through intelligent, cloud-based test authoring, orchestration, and execution. With over 15,000 customers and 2.3 million+ users across 130+ countries, LambdaTest is the trusted choice for modern software testing.

    • Browser & App Testing Cloud: Enables manual and automated testing of web and mobile apps across 5,000+ browsers, real devices, and OS environments, ensuring cross-platform consistency.
    • HyperExecute: An AI-native test execution and orchestration cloud that runs tests up to 70% faster than traditional grids, offering smart test distribution, automatic retries, real-time logs, and seamless CI/CD integration.
    • KaneAI: The world’s first GenAI-native testing agent, leveraging LLMs for effortless test creation, intelligent automation, and self-evolving test execution. It integrates directly with Jira, Slack, GitHub, and other DevOps tools.

    For more information, please visit, https://lambdatest.com

    About KineticSkunk™
    KineticSkunk™ is a leader in DevOps, DevSecOps, and Observability, offering tailor-made solutions for business efficiency and security. With a strong commitment to social responsibility, KineticSkunk™ develops talent from disadvantaged backgrounds into top professionals while delivering cutting-edge technology solutions that drive business success.

    For more information, please visit: https://www.kineticskunk.com

    The MIL Network

  • MIL-OSI: Canto Kicks Off 2025 with Industry Recognition and Innovation

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) — Canto, a leading provider of digital asset management (DAM) software, is entering 2025 with top industry recognition and a continued drive to push the boundaries of DAM innovation. The company has been named to G2’s 2025 Best Software List for Best Content Management Products and Constellation Research’s ShortList™ for Digital Asset Management for Digital Experiences, underscoring its impact on customers and the industry.

    “Brands today are managing more content than ever, and the challenge isn’t just volume—it’s complexity,” said Wain Kellum, CEO of Canto. “Recognition from G2 and Constellation Research affirms our focus on solving the real problems our customers face every day. We’re committed to making digital asset management more intuitive and efficient, so teams can maximize the value of their digital content rather than wrestling with their tools.”

    Building on this momentum, Canto is introducing Canto Innovation Labs, a research and development initiative dedicated to solving content teams’ most pressing challenges. With AI-driven solutions at its core, this initiative highlights Canto’s commitment to continuous product innovation—reimagining how brands organize, discover, and distribute digital assets to help teams move faster and work more efficiently in an increasingly complex content landscape.

    “The future of content management isn’t just about keeping up—it’s about staying ahead,” said Alan Beiagi, Chief Product & Technology Officer, Canto. “With Canto Innovation Labs, we’re developing AI-driven solutions that transform the way content teams work at every stage of the content lifecycle. Our goal is to eliminate bottlenecks—whether that means cutting search time in half, automating tedious tasks, or ensuring content remains consistent across every channel.”

    Canto Innovation Labs builds on a strong foundation of recent product advancements, including the successful launch of Canto PIM. As brands increasingly struggle to keep product data and digital assets aligned across multiple channels, Canto PIM delivers a unified solution for managing both seamlessly. By integrating product information management (PIM) with DAM, Canto is helping businesses eliminate silos, simplify workflows, and maintain brand consistency—without the complexity of managing disconnected tools.

    These advancements come at a critical time, according to Canto’s latest research report, The State of Digital Content: 2025 Edition. The survey of hundreds of content and creative professionals found that 77% of content teams expect to produce more content this year, but only 25% feel equipped with the right tools. “A unified content ecosystem is critical for brands that need to scale efficiently in an increasingly complex digital landscape,” said Beiagi. “Our research found that teams with integrated solutions were three times more likely to efficiently repurpose content across channels and twice as likely to maintain brand consistency. Whether it’s DAM, PIM, or future innovations, our focus is on eliminating fragmentation and giving content teams the seamless tools they need to work faster and smarter.”

    As brands’ content demands continue to grow, Canto remains focused on delivering innovations that help its customers work more efficiently across their digital content lifecycle. For more information, visit www.canto.com.

    About Canto

    Canto is a leader in digital asset management (DAM), helping global brands maximize the value of their digital content with an intuitive, AI-powered platform. Our solutions make it easy for businesses to centralize, organize, and share digital assets, streamlining workflows and driving real business impact. With a legacy of innovation—from launching one of the first DAM solutions to advancing AI Visual Search and unified DAM+PIM capabilities—we continue to shape the future of content management. Backed by best-in-class support and implementation, Canto empowers industries like retail, manufacturing, technology, healthcare, and more to manage their growing content libraries. Headquartered in Atlanta, with offices in Berlin, Cork, and Sydney, Canto supports teams worldwide in optimizing their content workflows. For more information, visit www.canto.com.

    Contact

    Kyle Peterson
    kyle@clementpeterson.com

    The MIL Network

  • MIL-OSI: Trump, Congress Gain New Advocates for Tax and Economic Policies Among Major Economists, Entrepreneurs

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, March 04, 2025 (GLOBE NEWSWIRE) — A group of influential economists, entrepreneurs, and academics announced today the formation of the Private Economic Council, an organization that will advocate for small businesses and taxpayers in consultation with the Trump administration and Congress. These are high-profile supporters who will use their respective platforms as influencers to help President Trump and the GOP majority deliver for the American people.

    “This is a pivotal moment in American history, and the decisions our leaders make in the coming months and years will influence the lives of the American people for generations,” said renowned economist Steve Moore. “For the first time in our lives, we have a chance to enact meaningful spending cuts, permanently reduce taxes for working Americans, and take the federal government’s thumb off the scale of our economy.”

    Members of the Private Economic Council will work together to advocate for policies that expand economic freedom, incentivize growth, and reduce the burden of government on workers and business owners alike. In addition to weighing in on hot-button topics, they will propose additional policy innovations designed to advance their shared goals of economic freedom and prosperity.

    “There is a genuine appetite for change in Washington right now, but we need to move quickly and decisively before this window of opportunity closes,” said Julio Gonzalez, founder and CEO of Engineered Tax Services.

    “I’m pleased to be a part of this group,” said Barry Habib, a longtime entrepreneur who currently serves as CEO of MBS Highway. “We will work hard to make improvements and increase economic growth.”

    “I’m proud to be a S.O.B. (son of a butcher). Only in America can sons of butchers become successful,” said Wayne Allyn Root. “This is the land of opportunity — but only because of capitalism, limited government, and low taxation and regulation. I am honored to join this prestigious group to help keep it that way.”

    “Corporations spend millions of dollars on lobbyists to make sure elected officials are aware of their interests; we’re going to make sure Congress knows just as much about the interests of the workers and small business owners who are the real engine of our economy,” said Papa John’s founder John Schnatter.

    About the Private Economic Council

    Steve Moore is a Senior Visiting Fellow in Economics at The Heritage Foundation. He is the founder and former president of the Club for Growth, and a former member of the Wall Street Journal editorial board. He served as a senior economic advisor to President Trump’s 2016 campaign, helping create the blueprints for the policies that unleashed a historic era of prosperity, including the Trump tax cuts.

    Dave Brat is a former member of the U.S. House of Representatives from Virginia who won his first term in office after defeating sitting House Majority Leader Eric Cantor in the primary election. He currently serves as Dean of the Liberty University School of Business.

    Barry Habib is an award-winning economist and entrepreneur who is widely credited with saving the mortgage industry from margin calls by persuading the Federal Reserve to avoid actions that could have created severe instability during the COVID pandemic in 2020. He has been a longtime contributor to both Fox News and CNBC.

    Julio Gonzalez is the founder and CEO of Engineered Tax Services, the country’s largest specialty tax engineering firm. Julio helps small and mid-sized businesses take advantage of the same tax loopholes used by major corporations, and is a tireless advocate for small businesses.

    Wayne Allyn Root is a CEO, businessman, best-selling author, and national conservative TV and radio host who has interviewed President Trump 16 times. He is also a nationally syndicated columnist who helped originate and popularize some of President Trump’s most popular campaign promises, such as “No Tax on Social Security benefits” and “No taxes on overtime.” Root was the 2008 Libertarian Vice-Presidential nominee.

    John Schnatter is the founder of Papa John’s International, which he started in a broom closet and grew into one of the largest pizza chains in the world. He is a prolific philanthropist and outspoken advocate for entrepreneurs.

    The MIL Network

  • MIL-OSI: Syncfusion® Announces Sponsorship of the .NET Foundation to Support Open-Source Development

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., March 04, 2025 (GLOBE NEWSWIRE) — Syncfusion®, Inc., the enterprise technology provider of choice, today announced its sponsorship of the .NET Foundation, furthering its support of open-source development and the global .NET community.

    “We are thrilled to support the .NET Foundation and its mission to foster a strong and open .NET ecosystem,” said Daniel Jebaraj, CEO of Syncfusion. “We believe in the power of open-source software to drive innovation, build community, and enable developers to build exceptional applications. This sponsorship aligns with what our mission has been since the beginning: to equip developers with the best tools and resources available.”

    The .NET Foundation is an independent, nonprofit organization that champions an innovative, commercially friendly, open-source ecosystem around the .NET platform. By supporting open-source projects with free administrative services, networking events, and educational resources, the .NET Foundation fosters sustainability, development, and collaboration within the .NET community. As a sponsor, Syncfusion will actively contribute to the foundation’s initiatives to enhance the open-source ecosystem millions of developers rely on daily.

    “Syncfusion has been a key player in the .NET development space for over two decades,” said Mitchel Sellers, vice president of the .NET Foundation. “It’s contributions from sponsorship organizations like Syncfusion that help the .NET Foundation build the programs that enable our open-source project communities to grow and thrive.”

    Syncfusion provides a robust suite of UI controls, data visualization tools, and enterprise-grade solutions that help developers accelerate their projects. Recently, the company announced the release of two sets of open-source .NET MAUI controls to enhance cross-platform development, with more planned for the future. The Syncfusion Toolkit for .NET MAUI, available for free in NuGet and GitHub repositories, provides developers with 19 controls to build beautiful, responsive, feature-rich applications quickly and easily. Syncfusion engineers have already strengthened the .NET MAUI platform, having resolved dozens of issues and accounted for over half of all community contributions in the first three months of their involvement.

    For more information about Syncfusion and its developer tools, visit www.syncfusion.com.

    For more information about the .NET Foundation, visit dotnetfoundation.org.

    About Syncfusion, Inc.
    Headquartered in the technology hub of Research Triangle Park, N.C., Syncfusion®, Inc. delivers an award-winning ecosystem of developer control suites, embeddable BI platforms, and business software. Syncfusion was founded in 2001 with a single software component and a mission to support businesses of all sizes—from individual developers and start-ups to Fortune 500 enterprises. Though its pilot product, the Essential Studio® suite, has grown to over 1,900 developer controls, its mission remains the same. With offices in the U.S., India, and East Africa, Syncfusion prioritizes the customer experience by providing feature-rich solutions to help developers and enterprises solve complex problems, save money, and build high-performance, robust applications.

    Contact: Brittany Kearns
    Phone: 571-271-7211
    Email: brittany@crossroadsb2b.com

    The MIL Network

  • MIL-OSI Video: US-EU-China Triangle | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Despite the ratcheting up of trade tensions between the United States, Europe and China, a high level of mutual economic dependency continues to bind the world’s major powers together and – at present – prevents competition from escalating into conflict.

    As the three powers delicately balance continued dialogue and engagement with the pursuit of their geo-economics interests, what will their future relationship look like?

    This session was developed in collaboration with Politico.

    Speakers: Sir Robin Niblett, Jamil Edmond Anderlini, Fred Hu, Belen Garijo, Graham Allison

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=cOz2Zx4W_Sg

    MIL OSI Video

  • MIL-OSI United Nations: Gaza’s recovery must be built on more than steel and concrete: Guterres

    Source: United Nations MIL OSI b

    Peace and Security

    The UN Secretary-General on Tuesday stressed that the “true foundation” of recovery and reconstruction in Gaza must be based on a clear and agreed political framework, not just bricks and mortar.

    Speaking at the emergency summit of Arab nations on the situation in the Middle East and Gaza reconstruction in Cairo, António Guterres welcomed Arab-led efforts to mobilize support for Gaza’s recovery.

    He stressed that rebuilding the war-ravaged territory must be guided by principles that respect international law and prevent further cycles of violence.

    “The true foundation of recovery in Gaza will be more than concrete and steel,” he said.

    “It will be dignity, self-determination and security. This means staying true to the bedrock of international law. It means rejecting any form of ethnic cleansing. And it means forging a political solution.”

    Political framework essential

    Mr. Guterres highlighted that reconstruction efforts cannot be separated from the broader political situation.

    “Ending the immediate crisis is not enough. We need a clear political framework that lays the foundation for Gaza’s recovery, reconstruction and lasting stability,” he said.

    Acknowledging Israel’s security concerns, he added that there should not be a long-term Israeli military presence in Gaza.

    Unprecedented destruction

    The war in Gaza has left an unprecedented level of destruction, with an estimated 51 million tons of rubble blanketing the landscape where bustling neighborhoods once thrived.

    According to a new UN damage and needs assessment report, over 60 per cent of homes – amounting to some 292,000 – and 65 per cent of roads have been destroyed, across the approximately 360 square kilometre enclave.

    Working with Palestinian authorities, UN development and environmental agencies and non-governmental organizations are looking at how to safely clear the rubble so that families can rebuild. UN teams are drawing on similar experiences in Mosul, Iraq, and the Syrian cities of Aleppo and Latakia, all decimated by war.

    UN agencies along with partners, including the World Bank, estimate that $53 billion will be needed for recovery and reconstruction.

    Ceasefire must hold

    With humanitarian conditions still dire, Mr. Guterres warned that renewed hostilities would plunge millions back into suffering and further destabilize the region.

    “We must avoid at all costs the resumption of hostilities,” he urged, calling on both parties to uphold their commitments under the ceasefire and hostage deal, and to resume negotiations without delay.

    “All hostages must be released – immediately, unconditionally and in a dignified manner,” he said, adding that the release of Palestinian detainees must be carried out per the terms of the deal and also in a dignified way.

    “The parties must ensure humane treatment for all those held under their power.”

    Ensure unhindered aid

    The Secretary-General highlighted that importance of humanitarian aid for civilians in need in Gaza, calling for the removal of all obstacles to aid delivery.

    Humanitarian aid is not negotiable. It must flow without impediment,” he said, urging also donors to ensure adequate funding.

    He applauded the dedication of UN staff and all other humanitarian workers in providing essential services under the most difficult circumstances, appealing for the urgent and full support of the UN Relief and Works Agency (UNRWA)’s work, including financial support.

    Secretary-General Guterres addressing the Summit.

    Escalation in the West Bank

    Beyond Gaza, Mr. Guterres expressed alarm at rising violence in the West Bank, where Israeli security forces have launched large-scale operations, including airstrikes and also the deployment of tanks.

    “Over 40,000 Palestinians have been forcibly displaced in the last month — the largest displacement in the West Bank in decades. Meanwhile, demolitions, evictions and settlement expansions continue, with settler violence is on the rise,” he noted.

    He called for an urgent de-escalation of the situation, and the stopping of unilateral actions, including settlement expansion and threats of annexation.

    “Israel, as the occupying power, must comply with all its obligations under international law, including international humanitarian law,” Mr. Guterres said.

    In addition, the Palestinian Authority must be supported to govern effectively, and “do so in compliance with its own obligations under international law.”

    Two-State solution the only path

    The UN chief reiterated that a two-State solution remains the only viable path to lasting peace.

    “The only path to lasting peace is one where two states – Israel and Palestine – live side-by-side in peace and security, in line with international law and relevant UN resolutions, with Jerusalem as the capital of both states,” he said.

    MIL OSI United Nations News

  • MIL-OSI: Magic Empire Global Limited announces that the bid price deficiency concern raised by Nasdaq has been successfully resolved

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, March 04, 2025 (GLOBE NEWSWIRE) — Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) is pleased to announce that the bid price deficiency concern raised by Nasdaq has been successfully resolved.

    The Company has received written notification (the “Nasdaq Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement set forth in the rules for continued listing on the Nasdaq Capital Market (the “Listing Rules”).

    On February 26, 2025, the Company received a letter from Nasdaq notifying the Company that it has not regained compliance with Listing Rule 5550(a)(2). Accordingly, its securities will be delisted from the Capital Market. The Company may appeal Staff’s determination to the Panel, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series.

    On March 4, 2025, the Company received formal notification from Nasdaq, that the Company has regained compliance with the Nasdaq Minimum Bid Price Requirement. Nasdaq made this determination of compliance after the closing bid price of the Company’s ordinary shares was at $1.00 per share or greater for the last 10 consecutive business days from February 18, 2025 to March 3, 2025. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed.

    MEGL remains committed to maintaining the highest standards of corporate governance and compliance. The company appreciates the support of its shareholders.

    About Magic Empire Global Limited

    Magic Empire Global Limited is a financial services provider in Hong Kong which principally engage in the provision of corporate finance advisory services and underwriting services. Its service offerings mainly comprise (i) IPO sponsorship services; (ii) financial advisory and independent financial advisory services; (iii) compliance advisory services; (iv) underwriting services; and (iv) corporate services. For more information, visit the Company’s website at http://www.meglmagic.com.

    Safe Harbor Statement

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    Hong Kong:

    Magic Empire Global Limited
    Ms. Vivien Tai
    Tel: +852 3577 8770
    E-mail: meglir@giraffecap.com

    The MIL Network

  • MIL-OSI: Urbana Corporation Provides Ongoing Drill Program

    Source: GlobeNewswire (MIL-OSI)

    /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

    TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A)

    Urbana Corporation is pleased to provide an update on its current drill program underway on its 100% owned “Urban Township Project” located in the Urban-Windfall area, Quebec.

    Summary Highlights:

    • Drilling in an emerging major gold mining camp.
    • Five holes totalling 1,503 metres were completed as of yesterday, all in the southeast sector.
    • Area targeted covers the Bank-Mazeres fault, the same fault associated with gold mineralization at the nearby Windfall and Barry gold deposits.
    • All holes have intersected a sequence of volcanics lithologies consisting of tuffs, rhyolites, dacites and andesites. Gabbros were also intersected in a few of the holes.
    • Mineralization intersected in several holes consisting of iron sulphides and/or visible gold.
    • The core showed areas of strong alterations, consisting mostly of sericitization and silicification in some areas.
    • The drill is scheduled to be moved to the central-south portion of the project area upon completion of the current drill hole.
    • The program is on track to be completed in mid-March.

    Geology

    The drilling to date has concentrated on an area with no historical drill holes and little bedrock exposure. The current drill program intersects a sequence of volcanic rocks, including tuffs and rhyolite and gabbros. The lithologies are considered important as these are the same that host large portions of the nearby world-class Windfall deposit. The presence of visible gold, pyrite and pyrrhotite associated with faulting and alteration is also of keen interest and will form part of the basis on planning follow-up drilling in the area.

    The program, which consists of up to 4,150 metres of drilling, is concentrating on the southern sector of the project where gold mineralization has been encountered near the claim boundary by adjacent explorers Osisko Mining and Bonterra Resources. The area is known to host the Mazere fault, a major structure associated with most of the gold mineralization of importance in the region.

    The project is located between the nearby Windfall and Barry gold deposits, along the same geological feature. It is situated near existing infrastructure and is accessible by road.

    A review of additional data located in the northern sector of the project is underway. Data collected shows numerous gold prospects throughout the area which warrant a potential second drill program in late summer.

    PDF versions of the documents are available at www.urbanacorp.com and at www.sedarplus.ca.

    Qualified Persons

    Technical and scientific aspects of this news release have been reviewed, verified, and approved by Mathieu Stephens, P.Geo., the Qualified Person, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

    For further information contact:
    Elizabeth Naumovski, Investor Relations
    (416) 595-9106     enaumovski@urbanacorp.com

    Certain statements in this news release constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.

    150 KING ST. WEST, SUITE 1702, TORONTO, ONTARIO M5H 1J9
    TEL: 416-595-9106     FAX: 416-862-2498     www.urbanacorp.com

    The MIL Network

  • MIL-OSI Video: Giving Intangibles Real Value | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Intangible assets such as intellectual property rights, data and algorithms account for an increasing share of economic activity in many economies. But the rise of intangibles poses challenges, such as measurement and ensuring competition.

    What innovative solutions can help overcome these challenges and drive economic growth and fairness?

    Speakers: Daren Tang, Ufuk Akcigit, Erik Brynjolfsson, Elisa Martinuzzi, Congwen Xu, Eva Maydell

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=176uNW95Jf8

    MIL OSI Video

  • MIL-OSI United Kingdom: Connecting Leeds Transport Strategy marks major achievements over last three years – and outlines new action plan up to 2027

    Source: City of Leeds

    A report to senior councillors outlines the good progress being made on the council’s ambitious Connecting Leeds transport strategy, but highlights that more needs to be done and more funding allocated to meet its aims. 

    The report to the council’s Executive Board provides an update on progress on the Connecting Leeds transport strategy. Its vision is for Leeds to be a city where you don’t need a car, and where everyone has an affordable, accessible and zero carbon choice in how they travel, and since 2018 more than three quarters of a billion pounds has been invested in the city’s highways and transport network through the Connecting Leeds programme.

    The Connecting Leeds transport strategy’s initial action plan 2020 -2024 has delivered some key successes including:

    • Major highway improvements including the Armley Gyratory and the completion of the East Leeds Orbital Route, increasing road capacity to support changes in the city centre, along with other improvements to key transport corridors including the A647 and Outer Ring Road between Horsforth and Rodley.
    • Launching our Vision Zero Strategy which aims to eliminate all fatalities and serious injuries on Leeds roads by 2040. The number of people killed or seriously injured on Leeds roads has reduced since its launch.
    • Transforming City Square and wider public realm in the city centre, including the Headrow, Vicar Lane and the Corn Exchange, creating safer pedestrian-friendly spaces.  
    • The launch of Leeds City Bikes, the largest e-bike scheme in the UK which will see further roll-out later this year.
    • The Stourton Park & Ride has experienced continued growth since opening in late 2021, alongside the existing sites at Elland Road and Temple Green, and more than 90 electric buses are now serving the city’s busiest routes. Around 10,000 cars are taken off city roads each week with consistently over 20,000 passengers per week using the services and further improvements planned later in the year.
    • Improvements and significant funding in Leeds City Rail Station, with a significant increase in passenger numbers and footfall exceeding pre-pandemic levels. Local rail stations have experienced similar growth.
    • Fewer car commuters into the city centre since 2021, reducing congestion and improving local air quality.

    These successes have led to increasing numbers of people walking through the city centre, along with rising bus passenger numbers.

    Overall city centre footfall for the whole of 2024 increased by 1.3% compared to 2023, which in turn was up by 2.7% on 2022. Footfall at Leeds City Rail Station has also increased by 12% in 2024 compared to 2023, and with the city centre seeing significant and continued investment in its retail and hospitality offer it is hoped that footfall will keep rising and further boost the city’s economy.

    There has also been a 4.1% reduction in car mileage across the city since 2019, and a 6% year-on-year increase of public electric vehicle charging points.

    New Action Plan launched to 2027

    Some measures within the initial action plan are ongoing or still progressing, and are being taken forward with the launch of a new action plan which details our ambitions and activities up to 2027.

    This includes major schemes such as Dawson’s Corner and Stanningley Bypass, which has only recently secured c£36m government funding, the A660 improvements and the Lawnswood Roundabout scheme, along with more active travel and cycling schemes.

    The council will continue to support the West Yorkshire Combined Authority to progress the mass transit scheme and to implement bus reforms, and will continue its partnership work to deliver the Vision Zero strategy regionally.

    The challenges of delivering these measures is reflected in progress against the strategy’s ambitions. Although overall carbon emissions have reduced since 2019, the latest figures suggest that they have begun rising again and may reach pre-pandemic levels, so the council is still facing challenges to meet its net-zero targets by 2030.

    There was a significant decrease in motorists driving into the city centre between 2022 and 2023, and although this trend has not continued during the last year the number remains below 2022’s levels.

    Across the city the amount of HGV and LGV traffic is growing which is likely to relate to online shopping and home delivery trends.

    Councillor Jonathan Pryor, Deputy Leader of Leeds City Council and Executive Member for Economy, Transport and Sustainable Development, said: “We have made significant progress towards our vision of creating a city where you don’t need to own a car, and we are proud of our achievements so far.

    “Our places are becoming more people-friendly, inclusive and welcoming, we are delivering infrastructure which is fit for the 21st century, and we are encouraging more people to use active and sustainable travel methods and public transport.

    “We have big ambitions for our city and we recognise that progress towards these hasn’t been easy. We’ve faced significant challenges along the way and there is much to do. When the council adopted this very ambitious strategy it was made with the knowledge that this would be underpinned by significant funding over a sustained period. Investment levels have been good in recent years and there is a need to maintain these in the coming years so we can achieve our goals alongside delivering general transport improvements.

    “By launching our new action plan to 2027 we are making clear how we will ensure we achieve our vision for everyone who lives, works and visits our city, working closely with our partners and the West Yorkshire Combined Authority.”

    Exploring new funding opportunities

    The report states that the ‘current level of funding is insufficient to cover all aspects’ of the new action plan. As a result, the council will be looking for alternative funding to deliver these activities, and will be looking to work with partners including the combined authority, the Department for Transport and the private sector to achieved its shared objectives.

    As part of this, the council is exploring the possibility of introducing a workplace parking levy to generate revenue which would used as local contributions to major transport investments, principally mass transit.

    Such a levy could charge city centre businesses for parking places they offer for staff use, with revenue ring-fenced to support significant transport improvements.

    The report is seeking agreement to carry out exploratory work including surveys around how a workplace parking levy could potentially be applied in Leeds city centre. This would include engaging with key partners and businesses in the first instance, and developing a rationale around which premises should be exempt from the scheme such as the city’s hospitals which employ round-the-clock shift workers delivering a vital emergency service.

    Following this exploratory work, should the council intend to proceed with the introduction of a workplace parking levy a further report would be submitted to executive board for approval.

    Should this be granted, a business case would need to be submitted to the Department for Transport and approved by the Secretary of State.

    The full report can be viewed here.

    MIL OSI United Kingdom

  • MIL-OSI: Woodbridge Closes Sale of Plastic Components, Inc. to Trim-Tex Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW HAVEN, Conn., March 04, 2025 (GLOBE NEWSWIRE) — Woodbridge, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Plastic Components, Inc. by Trim-Tex Inc.

    Plastic Components, (PCI) is a leading manufacturer of PVC trims and plastic accessories used in the exterior insulation and finishing of commercial and residential buildings. PCI products reduce labor and maintenance costs due to their longevity and durability. The Company’s diverse inventory includes accessories and trims for stucco, exterior insulation and finish systems, direct applied finish systems, continuous insulation systems, drywall, fiber cement board trims and stone veneer. PCI’s products, with 4 patented lines, form part of the essential process of insulating and weather-proofing buildings.

    “The Plastic Components team is excited to join forces with such a reputable, family-owned company as Trim-Tex,” said Herman Guevara, Director of Sales and 19-year employee at Plastic Components. “We’ve been industry friends for years, often referring customers to one another. This partnership makes perfect sense, and together, we look forward to building the premier global provider of PVC finishing solutions — both interior and exterior.”

    Trim-Tex Inc. located in Lincolnwood, Illinois is the premier USA manufacturer of rigid vinyl drywall corner beads and accessories. With over 50 years of experience, Trim-Tex offers a complete line of commercial and residential products, including Corner Beads, J Beads, L Beads, Reveals and Expansion products.

    Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business. Woodbridge is a Mariner Company.

    For more information, contact Don Krier, dkrier@woodbridgegrp.com, or call 203-389-8400 x201.

    The MIL Network

  • MIL-OSI: Kandji Continues Global Expansion with New East Coast Headquarters in Miami to Accelerate Growth, Innovation for Apple in the Enterprise

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, March 04, 2025 (GLOBE NEWSWIRE) — Kandji, the Apple endpoint security platform, today announced the opening of its new East Coast headquarters to further the company’s global scaling efforts, attract world-class talent, and support rapid customer growth. In addition to the East Coast headquarters in Miami, Kandji has offices in California, London, Sydney, and Japan.

    Located at The Plaza Coral Gables, 2811 Ponce de Leon in Coral Gables, Fla., Kandji’s East Coast headquarters boasts nearly 30,000 square feet to accommodate the company’s sizable recruiting efforts. More than 100 new openings are available to support Kandji’s mission of empowering secure and productive global work.

    “Miami is fueling the next frontier for technology advancement,” said Adam Pettit, co-founder and CEO of Kandji. “We’re thrilled to immerse ourselves in this dynamic community and look forward to welcoming its world-class talent to our expanding team. Our East Coast headquarters will not only allow us to contribute to the local economy, but will provide the space, talent, and resources to accommodate Kandji’s growth and ability to deliver cutting-edge solutions that enable our customers to manage and secure their Apple device fleets at scale.”

    Kandji’s dedication to supporting local talent development in Miami-Dade County is evident through its alignment with organizations such as: The Beacon Council, Creative Hub, Miami Tech Works, eMerge, Opportunity Miami, Miami Dade College, and more. Through these partnerships, Kandji has participated in community events, workforce development programs, and initiatives that drive local innovation.

    “Miami-Dade County is redefining what it means to be a global tech hub, and Kandji’s decision to open their East Coast headquarters in Miami-Dade is proof of that transformation,” said Miami-Dade County Mayor Daniella Levine Cava. “Our strategic location, diverse talent pool and pro-business environment make Miami-Dade a natural home for innovators. Collaboration with companies like Kandji drive our county’s continued growth and continue to strengthen our competitive edge as a premier tech hub.”

    The opening of the East Coast headquarters follows continued company momentum for Kandji. In July 2024, the company raised $100 million in capital from General Catalyst – with $50 million allocated to equity financing for its Series D, and $50 million for go-to-market investment – bringing its total funding to over $280 million and its valuation to $850 million. Kandji has over 4,500 customers across 40+ industries, with 1,300 new customers signed in 2024. Notable customers include Canva, Deel, Twilio, Notion, and Wiz, and the company has partnerships with such industry giants as ServiceNow, AWS, and Okta. In addition, Kandji was recognized today on Forbes’ America’s Best Startup Employers 2025 list, which identified the top performing startups in the United States based on employer reputation, employee satisfaction and company growth.

    Along with corporate and customer growth, Kandji continues to bring new solutions to the market to further its mission of creating an integrated platform for enterprise Apple device management and security. Most recently, Kandji announced Vulnerability Management, a new security product that helps organizations identify and remediate security vulnerabilities due to out of date software on their Mac computers, Kai, a first-of-its-kind AI device management assistant for Apple devices, and Device Management for Apple Vision Pro, a groundbreaking solution that revolutionizes how businesses deploy and manage Apple Vision Pro devices at scale.

    “Kandji’s decision to establish its East Coast headquarters in Greater Miami is a testament to our region’s dynamic tech evolution,” said Rodrick T. Miller, President & CEO, Miami-Dade Beacon Council. “As one of the fastest-growing tech hubs in the country, Miami continues to attract top investors, startups, and global leaders like Apple and Kandji who are fueling this momentum. By creating 200 high-value jobs and investing in our innovation ecosystem, Kandji is further strengthening Miami’s reputation as a pro-business community where talent and companies thrive. We look forward to continuing to partner on their growth as they make themselves at home in South Florida.”

    Kandji is actively recruiting for a variety of roles across engineering, product, and go-to-market. To learn more about employment opportunities at Kandji, visit https://www.kandji.io/company/careers/#open-roles.

    Helpful Links

    About Kandji
    Kandji is the Apple endpoint security platform. Kandji empowers companies to manage and secure Apple devices in the enterprise and at scale. By centrally securing and managing your Mac, iPhone, iPad, and Apple TV devices, IT and InfoSec teams can save countless hours of manual, repetitive work with features like one-click compliance templates and more than 150 pre-built automations, apps, and workflows. Learn more at http://www.kandji.io.

    Media Contact
    Erica Anderson
    pr@kandji.io

    The MIL Network

  • MIL-OSI United Nations: Secretary-General’s remarks at the Extraordinary Arab Summit on the situation in the Middle East/Gaza [scroll down for Arabic]

    Source: United Nations secretary general

    Your Majesties, Your Highnesses, Excellencies, all protocols observed.

    President El-Sisi, thank you for convening leaders from across the Arab world to unite at this Extraordinary Arab Summit dedicated to Palestine.

    Since the horrific attacks by Hamas in Israel on October 7, the ensuing Israeli military operations have unleashed an unprecedented level of death and destruction in Gaza, generating an immense trauma.

    Palestinians in Gaza have suffered beyond measure.

    And the risk of even greater devastation looms. 

    This Summit is an important signal that the world has a collective responsibility to support efforts to end this war, relieve profound human suffering and secure lasting peace.

    In the last few weeks, we have witnessed a meaningful improvement with the ceasefire and the hostage deal.

    Since the start of the implementation of the first phase of the ceasefire, Palestinian civilians in Gaza have experienced reprieve. Hostages were released and humanitarian aid dramatically increased.

    I urge the parties to uphold their commitments and implement them in full, and Member States to use all the leverage they have to support this, especially as we start the Holy Month of Ramadan.

    We must avoid at all costs the resumption of hostilities that would plunge the millions back into an abyss of suffering and further destabilize the region. And simultaneously, the territorial integrity of Lebanon and Syria must be respected.

    Serious negotiations for the ceasefire in all its facets must be resumed without delay.

    All hostages must be released — immediately, unconditionally and in a dignified manner.

    The release of Palestinian detainees must be carried out per the terms of the deal and also in a dignified way.

    The parties must ensure humane treatment for all those held under their power.

    And all obstacles to the effective delivery of lifesaving aid must be removed.

    Humanitarian aid is not negotiable. It must flow without impediment. The response needs to be adequately funded, and civilians — including humanitarians — must be protected.

    The United Nations has proven, together with our partners, namely the Egyptian Red Crescent, with access, the UN-coordinated response can deliver aid that people need.

    Your Majesties, Your Highnesses,
    Excellencies,

    Ending the immediate crisis is not enough.

    We need a clear political framework that lays the foundation for Gaza’s recovery, reconstruction and lasting stability. 

    That framework must be based on principles and respect for international law.

    Israel’s legitimate security concerns must be addressed, but that should not be through long-term Israeli military presence in Gaza.

    And I want to once again salute the dedication of UN staff and all other humanitarian workers — particularly, Palestinian colleagues — who have suffered so much and are working under near-impossible conditions.

    I appeal for the urgent and full support of UNRWA’s work, including financial support.

    Excellencies,

    Finally, as we widen the lens beyond Gaza, we see an alarming situation unfolding in the West Bank.
     
    Israeli security forces have launched large-scale operations, including airstrikes and also the deployment of tanks for the first time in over two decades.

    Over 40,000 Palestinians have been forcibly displaced in the last month — the largest displacement in the West Bank in decades.

    Meanwhile, demolitions, evictions and settlement expansions continue, with settler violence is on the rise.

    All of this is further weakening the Palestinian Authority at a time when its role is more crucial than ever.

    I call for urgent de-escalation.

    Unilateral actions, including settlement expansion and threats of annexation, must stop.

    The attacks and mounting violence must end.

    Israel, as the occupying power, must comply with all its obligations under international law, including international humanitarian law.

    And the Palestinian Authority must be supported to govern effectively, and to do so in compliance with its own obligations under international law.

    Excellencies,

    The true foundation of recovery in Gaza will be more than concrete and steel.

    It will be dignity, self-determination and security. 

    This means staying true to the bedrock of international law.

    It means rejecting any form of ethnic cleansing.

    And it means forging a political solution.

    There is no sustainable future for Gaza that is not part of a viable Palestinian State.

    There can be no recovery without an end to the occupation.

    No justice without accountability for violations of international law.

    And no sustainable reconstruction without a clear and principled political horizon.

    The Palestinian people must have the right to govern themselves, to chart their own future, and to live on their land in freedom and security.

    There must be irreversible steps now toward the realization of the two-State solution — before it’s too late.

    The only path to lasting peace is one where two states — Israel and Palestine — live side-by-side in peace and security, in line with international law and relevant UN resolutions, with Jerusalem as the capital of both states.

    The United Nations stands with you in this essential effort. 

    Thank you.

    *** 

              أصحاب الجلالة والسمو والفخامة والمعالي،  مع حفظ الألقاب
             
    فخامة الرئيس السيسي، أشكركم على جمع القادة من مختلف أنحاء العالم العربي للتوحد في هذه القمة العربية الاستثنائية المخصصة لفلسطين.

              فمنذ الهجمات المروعة التي شنتها حماس في إسرائيل في 7 تشرين الأول/أكتوبر، أحدثت العمليات العسكرية الإسرائيلية التي أعقبت ذلك مستوى غير مسبوق من الموت والدمار في غزة.
              ولقد عانى الفلسطينيون في غزة معاناةً تفوق الوصف.

              وهم مهددون الآن بالتعرض لمستوى أفدح من الدمار.

              إن انعقاد هذه القمة يمثل دلالة هامة على أن على العالم تقع مسؤولية جماعية لدعم الجهود الرامية إلى إنهاء هذه الحرب وتخفيف المعاناة الإنسانية الهائلة والتوصل إلى سلام دائم.

              لقد شهدنا في الأسابيع القليلة الماضية تحسناً ملموساً مع وقف إطلاق النار وصفقة الرهائن.

              فمنذ بدء تنفيذ المرحلة الأولى من وقف إطلاق النار، شهد المدنيون الفلسطينيون في غزة انفراجاً في الأوضاع. وتم الإفراج عن رهائن وزادت المساعدات الإنسانية بشكل كبير.

              وأحث الأطراف على التمسك بالتزاماتها وتنفيذها بالكامل، كما أحث الدول الأعضاء على استخدام كل ما لديها من نفوذ لدعم ذلك، خاصةً ونحن نستهل شهر رمضان المبارك.

              ويجب علينا أن نتجنب بأي ثمن استئناف الأعمال العدائية التي من شأنها أن تغرق الملايين مرة أخرى في هاوية المعاناة وتزيد من زعزعة الاستقرار في المنطقة. وفي الوقت نفسه، يجب احترام وحدة أراضي لبنان وسوريا.

              ويجب استئناف المفاوضات الجادة لوقف إطلاق النار بجميع جوانبه دون تأخير.

              ويجب إطلاق سراح جميع الرهائن – فورا ودون شروط وبطريقة كريمة.

              يجب أن يتم الإفراج عن المعتقلين الفلسطينيين وفقا لشروط الصفقة وبطريقة كريمة أيضا.

              ويجب على الأطراف ضمان المعاملة الإنسانية لجميع المحتجزين الخاضعين لسلطتهم.

              ويجب إزالة جميع العقبات التي تحول دون إيصال المساعدات المنقذة للحياة بشكل فعال.

              المساعدات الإنسانية غير قابلة للتفاوض. يجب أن تتدفق دون عوائق. ويجب تمويل الاستجابة بشكل كافٍ، ويجب حماية المدنيين – بمن فيهم العاملون في المجال الإنساني.

              ولقد أثبتت الأمم المتحدة، بالتعاون مع شركائها وعلى وجه الخصوص الهلال الأحمر الفلسطيني، أن الاستجابة التي تتم بتنسيق منها يمكنها، إذا أتيح لها الوصول، أن توفر المساعدة التي يحتاجها الناس.

              أصحاب الجلالة والسمو والفخامة والمعالي،

              إن إنهاء الأزمة الحالية لا يكفي.

              فنحن بحاجة إلى إطار سياسي واضح يرسي الأساس لتعافي غزة وإعادة إعمارها واستقرارها الدائم.

              ويجب أن يستند هذا الإطار إلى مبادئ القانون الدولي واحترامه.

              يجب معالجة مخاوف إسرائيل الأمنية المشروعة، لكن لا ينبغي أن يكون ذلك عبر وجود عسكري إسرائيلي طويل الأمد في غزة.

              ويجب أن تظل غزة جزءاً لا يتجزأ من دولة فلسطينية مستقلة وديمقراطية وذات سيادة – دون أي تقليص لأراضيها أو ترحيل قسري لسكانها.

              ويجب أن تكون غزة والضفة الغربية – بما فيها القدس الشرقية – موحدة سياسياً واقتصادياً وإدارياً من قبل السلطة الفلسطينية التي تحظى بقبول الشعب الفلسطيني ودعمه.

              ويجب أن تكون أي ترتيبات انتقالية مصممة لتحقيق حكم فلسطيني موحد ضمن إطار زمني محدود ومتفق عليه.

              أصحاب الجلالة والسمو والفخامة والمعالي،

              إني أرحب بالجهود التي يقودها العرب لحشد الدعم لإعادة إعمار غزة وأؤيد تلك الجهود بقوة، والتي تم التعبير عنها بوضوح في هذه القمة.

              وتقف الأمم المتحدة على أهبة الاستعداد للتعاون الكامل في هذا المسعى.

              ونحن ندرك أن إعادة الإعمار تتطلب حوكمة وترتيبات أمنية يمكن أن تساعد في ضمان مستقبل أكثر إشراقاً واستقراراً للفلسطينيين والإسرائيليين على حد سواء.

              وندرك أيضا الدور الحاسم الذي تقوم به الأونروا التي تواصل تقديم خدماتها في أحلك الظروف.

              وأود مرة أخرى أن أحيي تفاني موظفي الأمم المتحدة وجميع العاملين في المجال الإنساني – وخاصة الزملاء الفلسطينيين – الذين عانوا كثيرا ويعملون في ظروف شبه مستحيلة.

              إنني أدعو إلى تقديم الدعم العاجل والكامل لعمل الأونروا، بما في ذلك الدعم المالي.

              أصحاب الجلالة والسمو والفخامة والمعالي،

              وأخيراً، فإننا إذا ما وسعنا نطاق البصر إلى ما هو أبعد من غزة، نرى وضعاً مثيرا للجزع يتكشف في الضفة الغربية.

              فقد شنت قوات الأمن الإسرائيلية عمليات واسعة النطاق، بما في ذلك الغارات الجوية فضلا عن نشر الدبابات لأول مرة منذ أكثر من عقدين من الزمن.

              وتم تهجير أكثر من 40،000 فلسطيني قسراً خلال الشهر الماضي – وهي أكبر عملية تهجير تتم في الضفة الغربية منذ عقود.

              وفي الوقت نفسه، تتواصل عمليات الهدم والإخلاء والتوسع الاستيطاني، بينما عنف المستوطنين في تزايد.

              كل هذا يزيد من إضعاف السلطة الفلسطينية في وقت أصبح فيه دورها أكثر أهمية منه في أي وقت مضى.

              إنني أدعو إلى التعجيل بخفض التصعيد.

              ويجب أن تتوقف الأعمال أحادية الجانب، بما في ذلك التوسع الاستيطاني والتهديدات بضم الأراضي.

              ويجب أن تنتهي الهجمات والعنف المتصاعد.

              ويجب على إسرائيل، بصفتها سلطة قائمة بالاحتلال، أن تتقيد على نحو صارم بجميع التزاماتها بموجب القانون الدولي، بما في ذلك القانون الدولي الإنساني.

              ويجب دعم السلطة الفلسطينية لكي تباشر مهام الحكم بفعالية، ولكي تقوم بذلك وفقاً لالتزاماتها بموجب القانون الدولي.

              أصحاب الجلالة والسمو والفخامة والمعالي،

              إن الأساس الحقيقي للتعافي في غزة أكبر من الخرسانة والفولاذ.

              إنه الكرامة وتقرير المصير والأمن.

              وهذا يعني الالتزام بأساس القانون الدولي.

              ويعني رفض أي شكل من أشكال التطهير العرقي.

              ويعني بلورة حل سياسي.

              فلن يكون هناك مستقبل مستدام لغزة إلا كجزء من دولة فلسطينية قابلة للحياة.

              ولن يكون هناك تعافٍ إلا إذا انتهى الاحتلال.

              ولن تكون هناك عدالة إلا إذا جرت المساءلة عن انتهاكات القانون الدولي.

              ولن تكون هناك إعادة إعمار مستدامة إلا مع أفق سياسي واضح ومحكوم بمبادئ.

              يجب أن يكون للشعب الفلسطيني الحق في أن يحكم نفسه بنفسه، وأن يرسم مستقبله بنفسه، وأن يعيش على أرضه في حرية وأمان.

              ويجب القيام الآن بخطوات لا رجعة فيها نحو تحقيق حل الدولتين – قبل فوات الأوان.

              إن الطريق الوحيد للسلام الدائم هو ذلك الذي فيه تعيش دولتان – إسرائيل وفلسطين – جنباً إلى جنب في سلام وأمن، بما يتماشى مع القانون الدولي وقرارات الأمم المتحدة ذات الصلة، وتكون فيه القدس عاصمةً للدولتين كلتيهما.

              وأُعلن وقوف الأمم المتحدة إلى جانبكم في هذا الجهد الأساسي.

              شكراً لكم.

    MIL OSI United Nations News

  • MIL-OSI: iLobby Acquires Leading Logistics Management Provider SCLogic and Rebrands as FacilityOS

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — iLobby, a global leader in enterprise facility and visitor management solutions, today announced the acquisition of SCLogic, a leading logistics management solution provider, and its rebrand to FacilityOS.

    For over two decades, SCLogic has been at the forefront of last-yard logistics, delivering innovative solutions that enhance operational efficiency, reliability, and customer satisfaction. By integrating SCLogic’s proven technology and expertise into the FacilityOS platform, the combined company is now positioned as the most comprehensive solution for facility management.

    “Bringing SCLogic into FacilityOS is a game-changer for the industry,” said Ariel Mashiyev, Chairman and CEO of FacilityOS. “Facility management is evolving, and organizations need an integrated, intelligent platform to streamline operations and drive better outcomes. The addition of SCLogic’s expertise in logistics and asset management strengthens our ability to provide end-to-end solutions that improve efficiency, security, and compliance for our customers worldwide.”

    “This acquisition is a significant step forward in accelerating SCLogic’s growth and enhancing the value we deliver to our customers,” said Mike Saldi, CEO of SCLogic. “Integrating our Intra solution into the FacilityOS platform creates a more robust and comprehensive offering, allowing both existing and future customers to benefit from expanded capabilities.”

    A New Era: iLobby Rebrands as FacilityOS

    Alongside the acquisition, iLobby has officially rebranded as FacilityOS. Originally launched in 2022, the FacilityOS platform was designed to unify iLobby’s suite of products into a single, cohesive interface. Adopting FacilityOS as the company’s name marks a pivotal milestone, reinforcing its expanded vision of delivering end-to-end facility management solutions.

    “iLobby has experienced remarkable growth since its inception, evolving from a niche visitor management solution into a comprehensive, modular facility management platform,” said Mashiyev. “With offices in the United States, Canada, and Europe, we now serve over 25% of Fortune 500 companies. FacilityOS better reflects the breadth of our solutions and the dynamic, innovative company we’ve become.”

    Introducing LogisticsOS & ContractorOS

    Coinciding with the rebrand, FacilityOS has launched two new platform modules:

    • LogisticsOS – An evolution of SCLogic’s Intra platform, LogisticsOS streamlines operations across mailroom handling, central receiving, and asset management, enhancing transparency and eliminating inefficiencies.
    • ContractorOS – A contractor compliance management solution that centralizes documentation, automates key workflows, and ensures audit readiness, providing organizations with improved visibility and compliance confidence.

    New Website & Expanded Resources

    To support this transformation, the company has launched a new corporate website, www.facilityos.com. The new site provides a centralized resource for facility, asset, and visitor management, while also incorporating insights from the SCLogic acquisition.

    For more information, visit www.facilityos.com.

    About FacilityOS

    Deployed across more than 7,000 sites worldwide, FacilityOS powers complex work environments by optimizing and automating key facility processes to achieve regulatory compliance, enforce safety protocols, improve operational efficiencies, and drive site security requirements.

    The integrated FacilityOS platform is supported by robust reporting, turnkey onboarding, and extensive configurability that ensures a strong impact in many industries, such as manufacturing, industrial, healthcare, higher education, and other mission-critical environments. Each module within FacilityOS is designed to work standalone or together with other modules to maximize the impact of the platform.

    FacilityOS is a global company with offices in the United States, Canada, and Europe. Learn more at www.facilityos.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c4b5dbaf-5a93-4cc9-afd4-164b58fb1e10

    The MIL Network

  • MIL-OSI Global: Gaza ceasefire deal looks doomed as Israel blockades Strip and bars entry of humanitarian aid

    Source: The Conversation – UK – By Scott Lucas, Professor of International Politics, Clinton Institute, University College Dublin

    When Israel signed a ceasefire deal with Hamas in Gaza on January 15, the agreement was structured in three phases. Phase one, a six-week period in which Hamas would release hostages in return for Israel releasing Palestinians detained in its jails, ended on March 1.

    The shaky deal has held for the full six weeks – just. At one point Hamas threatened to halt the exchange of hostages when it said Israel was breaching the terms of the deal. The Netanyahu government responded – with US backing – by threatening to end the ceasefire in mid-February, saying that Hamas was not living up to its side of the deal.

    The hostage releases have continued, although Israelis have been shocked and angered at the condition of some of the hostages after 17 months in captivity. Hamas has also taken advantage of the world’s gaze during hostage releases to stage large parades of its fully armed fighters.

    On March 1, as stage one of the deal was due to end, Benjamin Netanyahu ordered a full blockade of humanitarian aid entering Gaza. Middle East expert, Scott Lucas, answered our questions as to what is happening and how this situation may play out.

    Why has Israel decided to block humanitarian aid to Gaza?

    The Netanyahu government’s blocking of humanitarian aid to Gaza’s population is part of a scheme to avoid a phase two of the ceasefire, while putting pressure on Hamas to extend phase one.

    That would allow the Israeli government to pursue the return of the remaining 59 hostages, alive or dead, held by Hamas while avoiding the requirements of phase two – notably the withdrawal of the Israeli military from Gaza and the restoration of a Palestinian government in Gaza.

    Of course, those who will pay the cost are more than 2.2 million Gazans, around 90% of whom have been displaced amid 17 months of mass killing. But Israel’s leaders are counting on that causing little concern, or at least significant action, by the international community.

    Wasn’t the ceasefire deal dictated by a timetable?

    Phase one of the agreement only stipulated that discussions for a phase two to begin within 14 days of implementation, which would have been about the start of February.

    But the Netanyahu government reportedly sent mediators to Qatar without the authority to discuss phase two, only to ensure that hostage releases continued. The limit of its cooperation has been sending representatives to Egypt and conferring with Donald Trump’s Middle East envoy Steve Witkoff, with current discussions suggesting little prospect of agreeing phase two.

    What is driving Netanyahu’s decision-making right now?

    Netanyahu’s vow has been “absolute victory over Hamas”. But as there is no sign that Hamas is going to disband – or even that its leaders will leave the Gaza – there is zero chance of that happening in phase two.

    That assessment is compounded by pressure on Netanyahu from hard-right ministers and supporters, such as finance minister Bezalel Smotrich and former national security minister, Itamar Ben-Gvir. Their powerful hard-right factions only accepted phase one if there was no follow-up and certainly no return to the aim of allowing Palestinian self-determination in Gaza.

    On the other side, Netanyahu faces families of hostages and their supporters, who say the priority must be the return of those held by Hamas. Thus the “solution”, proposed by the US and backed by the Israeli government is for a six-week extension until the end of Ramadan and Passover, or until April 20. Half the hostages would be released on day one of the extension and the remainder once a permanent ceasefire is agreed.

    Hamas is unlikely to agree to that provision, as the hostages are their only leverage in discussions for a lasting ceasefire and their continued place in Gaza. But Netanyahu can frame their refusal in such as way as to blame Hamas for not wanting a peaceful solution and as an excuse for resuming military operations.

    Where is the White House in all this?

    For now Netanyahu can count on US backing for the pressure on Hamas and the extension of phase one.

    Donald Trump’s ego trip was to claim credit for the phase one ceasefire. Since then, he and his officials have shown little interest in supporting a phase two. Instead, the US president has proposed what would amount to an ethnic cleansing of Gazans – removing and relocating them to other Arab countries to make way for his dream of a “Middle East Riviera” on the coast.

    He shared a bizarre AI-generated video with a vision of “Trump Gaza”, complete with a gilded, giant statue of him as he and Netanyahu sit topless and sip drinks on the beach amid bearded belly-dancers.

    Perhaps widespread Israeli military operations, and the consequent mass killing of civilians, would dent Trump’s “peacemaker” image. But it is likely that Israel could get US officials to back the “Blame Hamas” rationale. And, meanwhile, the administration is fine with the Israelis expanding their military presence and settlements in the West Bank.

    What about the Arab world?

    After more than a year of negotiations, the phase one settlement brought some relief to Egypt and Qatar, the chief sites of discussions. Jordan, always at risk of being unsettled by assaults on Palestinians, encouraged further talks. Gulf States, their plans for “normalisation” with Israel in tatters, could envisage a gradual return to the process.

    But all of this has foundered on the lack of possibility for phase two. Most Arab leaderships have no affection for Hamas, but with no clear Palestinian alternative, they have no appetite for contributing to the necessity security arrangements.

    So the easy option for now is to condemn the excesses of others, such as Trump’s ethnic cleansing whim or Netanyahu’s threat of renewed attacks. The tougher option is to envisage any untangling of the knot around Israeli occupation and Gaza governance.

    That may mean that, without giving an endorsement, most Arab States will be happy with the kicking of the can down the road in a phase one extension.

    Scott Lucas 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. Gaza ceasefire deal looks doomed as Israel blockades Strip and bars entry of humanitarian aid – https://theconversation.com/gaza-ceasefire-deal-looks-doomed-as-israel-blockades-strip-and-bars-entry-of-humanitarian-aid-251280

    MIL OSI – Global Reports

  • MIL-OSI Global: The People’s Joker remixes familiar characters to create a new kind of comic book movie

    Source: The Conversation – UK – By Alex Fitch, Lecturer and PhD Candidate in Comics and Architecture, University of Brighton

    The ultimate villain of DC Comics, the Joker, has been brought to screen many times. From Cesar Romero’s 1960s camp prankster in Batman: The Movie (1966), to Jack Nicholson’s villain-with-flare in Tim Burton’s iconic Batman (1989) and Heath Ledger’s wonderfully textured psychotic criminal in The Dark Knight (2008).

    Though he’s never the hero, the “crown prince of crime” usually dominates whatever film he’s in.

    Other versions of the character have been less well received. Critics disliked Jared Leto’s take in Suicide Squad (2016), calling the film “shallow”, and many fans loathed his gang-style tattoos and makeup.

    Joaquin Phoenix’s downtrodden schizophrenic Arthur Fleck in Joker (2019) was initially championed by audiences and critics. But the film felt disconnected from Joker’s history and more like a critique of poverty and social isolation than a comic book movie.

    Phoenix’s reappearance in sequel Joker: Folie à Deux (2024) was widely panned, due to an incoherent plot and unusual choice of the jukebox musical genre.

    This is the landscape that welcomes The People’s Joker, a parody film with an LGBTQ+ twist. Written by Vera Drew and Bri LeRose, and directed by and starring Drew in the lead role, it has just started a screening tour of the UK.


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    Set in an alternate (unaffiliated and unofficial) DC universe, this semi-autobiographical dark comedy explores Drew’s real-life gender transition, using a fictional alter-ego, “Joker the Harlequin”. This character is used as a metaphor for the difficulties of transgender adolescence.

    The film is a re-imagining of Drew’s coming of age story. She moves to Gotham City, trying to launch a comedy act in a place where comedy has been outlawed. After a poor audition, she decides to create “anti comedy”, supported by a slew of recognisable Batman villains such as the Riddler, Mr Freeze and Poison Ivy.

    Alternate versions of famous characters

    As the film conjures provocative versions of familiar characters – both similar and radically different to previous incarnations seen on screen – The People’s Joker is well timed to compete with changes to the official cinematic superhero universes made by Marvel and DC.




    Read more:
    Multiverse films take characters to increasingly dark places – as Robert Downey Jr’s Doctor Doom casting shows


    These film universes have leant into multiverse storytelling, with different versions of the same characters (such as Tobey Maguire, Andrew Garfield and Tom Holland’s Spider-Men) leaving their respective universes to team-up or cause havoc.

    As such, it seems apt that The People’s Joker name-checks multiple versions of Batman characters, and includes them in the same film.

    The trailer for The People’s Joker.

    Drew’s character is a mix of both Harley Quinn and the Joker, while a former comic-book Robin, Jason Todd, becomes a Leto-style Joker. The film uses this opportunity to satirise Leto’s characterisation including the “damaged” forehead tattoo that annoyed fans.

    Drew dances to a song called Party Woman, a not-so-subtle reworking of Party Man by Prince, which soundtracked the arrival of Nicholson’s Joker in Batman (1989). The film also satirises Phoenix’s dance on a flight of steps in both of his Joker movies.

    Reimagining continuity

    The People’s Joker mines Batman comic lore and gleefully stirs it up. Todd announces: “Before I was Jason Todd my name was Carrie Kelley” (a young, female iteration of Robin who appeared in Frank Miller’s landmark graphic novel The Dark Knight Returns).

    Old speculation around the nature of Batman and Robin’s relationship is also referenced when Todd notes that after he transitioned, Batman made a pass at him.

    These name-checks and motifs are cleverly used and a perfect fit for their new context. Smylex (the Joker’s rictus grin inflicting poison) becomes a teen medication riffing on Ritalin, and metaphor for the repression of identity. This ironically also leads Drew to discover that she can use Smylex-induced humour to deflect attention from her secret identity and transition.

    A film starring two different versions of the Joker has a surprising precedent. DC Comics has run a storyline since 2016 that suggested Batman had actually come up against three different Jokers. All three then teamed up in a 2020 mini-series.

    This goes hand in hand with Joker: Folie à Deux, and the Gotham TV series which both suggest a new Joker will arrive when a previous one dies.

    A clip from The People’s Joker.

    The People’s Joker matches its anarchic content with stylistic surrealism: blurred backgrounds, extensive use of green screen, bargain basement makeup, periodic slips into animation or action figures, and CGI effects to create the rictus grins. These all give the film a hallucinogenic feel, culminating in an ending where Drew sails through the sky with fifth-dimensional imp Mister Mxyzptlk, floating between an infinite number of possible timelines.

    With various superhero franchises leaning into different media, continuities and multiverses, The People’s Joker follows in the tradition of previous re-imagingings of Batman.

    As many authorised comic book films are starting to feel like they’re retreading too familiar ground, hopefully the critical appreciation of this film will point towards stranger and more unique comic adaptations yet to come.

    Alex Fitch previously received funding from Design Star for PhD research.

    Julia Round 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. The People’s Joker remixes familiar characters to create a new kind of comic book movie – https://theconversation.com/the-peoples-joker-remixes-familiar-characters-to-create-a-new-kind-of-comic-book-movie-250693

    MIL OSI – Global Reports

  • MIL-OSI Global: How the risk of AI weapons could spiral out of control

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

    marina.rodrigues/Shutterstock

    Sometimes AI isn’t as clever as we think it is. Researchers training an algorithm to identify skin cancer thought they had succeeded until they discovered that it was using the presence of a ruler to help it make predictions. Specifically, their data set consisted of images where a pathologist had put in a ruler to measure the size of malignant lesions.

    It extended this logic for predicting malignancies to all images beyond the data set, consequently identifying benign tissue as malignant if a ruler was in the image.

    The problem here is not that the AI algorithm made a mistake. Rather, the concern stems from how the AI “thinks”. No human pathologist would arrive at this conclusion.

    These cases of flawed “reasoning” abound – from HR algorithms that prefer to hire men because the data set is skewed in their favour to propagating racial disparities in medical treatment. Now that they know about these problems, researchers are scrambling to address them.

    Recently, Google decided to end its longstanding ban on developing AI weapons. This potentially encompasses the use of AI to develop arms, as well as AI in surveillance and weapons that could be deployed autonomously on the battlefield. The decision came days after parent company Alphabet experienced a 6% drop in its share price.

    This is not Google’s first foray into murky waters. It worked with the US Department of Defense on the use of its AI technology for Project Maven, which involved object recognition for drones.

    When news of this contract became public in 2018, it sparked backlash from employees who did not want the technology they developed to be used in wars. Ultimately, Google did not renew its contract, which was picked up by rival Palantir instead.

    The speed with which Google’s contract was renewed by a competitor led some to note the inevitability of these developments, and that it was perhaps better to be on the inside to shape the future.

    Such arguments, of course, presume that firms and researchers will be able to shape the future as they want to. But previous research has shown that this assumption is flawed for at least three reasons.

    The confidence trap

    First, human beings are susceptible to falling into what is known as a “confidence trap”. I have researched this phenomenon, whereby people assume that since previous risk-taking paid off, taking more risks in the future is warranted.

    In the context of AI, this may mean incrementally extending the use of an algorithm beyond its training data set. For example, a driverless car may be used on a route has not been covered in its training.

    This can throw up problems. There is now an abundance of data that driverless car AI can draw on, and yet mistakes still occur. Accidents like the Tesla car that drove into a £2.75 million jet when summoned by its owner in an unfamiliar setting, can still happen. For AI weapons, there isn’t even much data to begin with.




    Read more:
    Is Tesla’s sales slump down to Elon Musk?


    Second, AI can reason in ways that are alien to human understanding. This has led to the paperclip thought experiment, where AI is asked to produce as many paper clips as possible. It does so while consuming all resources – including those necessary for human survival.

    Of course, this seems trivial. After all, humans can lay out ethical guidelines. But the problem lies in being unable to anticipate how an AI algorithm might achieve what humans have asked of it and thus losing control. This might even include “cheating.” In a recent experiment, AI cheated to win chess games by modifying system files denoting positions of chess pieces, in effect enabling it to make illegal moves.

    But society may be willing to accept mistakes, as with civilian casualties caused by drone strikes directed by humans. This tendency is something known as the “banality of extremes” – humans normalise even the more extreme instances of evil as a cognitive mechanism to cope. The “alienness” of AI reasoning may simply provide more cover for doing so.

    Third, firms like Google that are associated with developing these weapons might be too big to fail. As a consequence, even when there are clear instances of AI going wrong, they are unlikely to be held responsible. This lack of accountability creates a hazard as it disincentivises learning and corrective actions.

    The “cosying up” of tech executives with US president Donald Trump only exacerbates the problem as it further dilutes accountability.

    Tech moguls like Elon Musk cosying up to the US president dilutes accountability.
    Joshua Sukoff/Shutterstock

    Rather than joining the race towards the development of AI weaponry, an alternative approach would be to work on a comprehensive ban on it’s development and use.

    Although this might seem unachievable, consider the threat of the hole in the ozone layer. This brought rapid unified action in the form of banning the CFCs that caused it. In fact, it took only two years for governments to agree on a global ban on the chemicals. This stands as a testament to what can be achieved in the face of a clear, immediate and well-recognised threat.

    Unlike climate change – which despite overwhelming evidence continues to have detractors – recognition of the threat of AI weapons is nearly universal and includes leading technology entrepreneurs and scientists.

    In fact, banning the use and development of certain types of weapons has precedent – countries have after all done the same for biological weapons. The problem lies in no country wanting another to have it before they do, and no business wanting to lose out in the process.

    In this sense, choosing to weaponise AI or disallowing it will mirror the wishes of humanity. The hope is that the better side of human nature will prevail.

    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 the risk of AI weapons could spiral out of control – https://theconversation.com/how-the-risk-of-ai-weapons-could-spiral-out-of-control-251167

    MIL OSI – Global Reports

  • MIL-OSI Global: Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers

    Source: The Conversation – USA – By David Campbell, Professor of Public Administration, Binghamton University, State University of New York

    Mike Bloomberg speaks at the Global Renewables Summit in September 2024. Bryan Bedder/Getty Images for Bloomberg Philanthropies

    The 50 American individuals and couples who gave or pledged the most to charity in 2024 committed US$16.2 billion to foundations, universities, hospitals and more. That total was 33% above an inflation-adjusted $12.2 billion in 2023, according to the Chronicle of Philanthropy’s latest annual tally of these donations. Media mogul and former New York City Mayor Mike Bloomberg led the list, followed by Netflix co-founder and chairman Reed Hastings, along with his wife, Patty Quillin. Businessman Michael Dell and his wife, Susan Dell, pledged the third most in 2024.

    Neither MacKenzie Scott nor Elon Musk, both of whom announced donations large enough to land them on this list, provided enough information for the Chronicle to include them. Musk didn’t name the nonprofits to which he gave stock, and Scott declined to confirm how much money she put into the donor-advised funds through which she gives. Known as DAFs, these funds are savings accounts reserved for charitable giving.

    The Conversation U.S. asked David Campbell, Lindsey McDougle and Susan Appe, three philanthropy scholars, to assess the significance of these gifts and to consider what they indicate about the state of charitable giving in the United States.

    What trends stand out overall?

    Appe: I think it’s good to see that eBay founder Pierre Omidyar, an Iranian-American entrepreneur born in France, with his wife Pam, are among the top 12 donors. Omidyar is the only foreign-born philanthropist on this list who reported giving to democracy promotion in the U.S. through his Democracy Fund. The Omidyars also funded the AI Collaborative, a group that promotes artificial intelligence governance based on democratic values, and their Omidyar Network, an organization promoting responsible technology.

    Given concerns about democratic backsliding around the world, which could arguably include President Donald Trump’s efforts to expand the executive branch’s power, I’m surprised not to see more top donors clearly funding democracy promotion.

    I study philanthropy by U.S. immigrants. They either give more or at the same rate as people born in the United States.

    Omidyar is one of seven immigrants among 2024’s top U.S. donors. The others are Herta Amir, who was born in what was then Czechoslovakia; Sergey Brin, a Russian immigrant; the Pagidipati family, which came from India; K. Lisa Yang, who was born in Singapore; Michele Kang, who immigrated from South Korea; and Joe Wen, a Taiwanese immigrant.

    In 2024, as in most years, many of these wealthy donors supported prestigious universities and large hospitals and stowed millions in their own foundations and donor-advised funds. Although it’s impossible to predict exactly what their foundations and DAFs will support in the future, history suggests that they’re unlikely to focus on addressing systemic issues such as economic inequality.

    McDougle: It doesn’t appear that any of these top 50 donors are Black or Latino. This lack of representation is undoubtedly a reflection of broader societal disparities and may influence how individuals from these groups perceive their own potential as philanthropists.

    Philanthropic capacity often correlates with wealth accumulation, and significant gaps in wealth between racial groups are likely to have a direct influence on who we see in the Philanthropy 50. Black families, for instance, possess just 15% of the wealth of white families, while Hispanic families have only about 22%. These wealth disparities likely prevent many Black and Latino Americans from having the wealth necessary to engage in large-scale philanthropy.

    This reality highlights the need for the nation’s leading philanthropists to fund initiatives that focus on addressing systemic barriers to economic equality. MacKenzie Scott has been doing this through the millions of dollars she has donated to support racial equity and economic mobility.

    Addressing these disparities also involves changing the narrative around who is considered a philanthropist. As I have argued before, underrepresented groups may not always see themselves as philanthropists, partly due to limited resources and the historical portrayal of philanthropy as the domain of the wealthy. But by redefining philanthropy to include a broader spectrum of giving, philanthropy can play a pivotal role in leveling the playing field and creating more opportunities for all.

    What surprises you about the biggest donors?

    Appe: The absence of Oracle co-founder Larry Ellison, Google co-founder Larry Page and former Microsoft CEO Steve Ballmer also stands out due to the presence of many other tech billionaires, including Mark Zuckerberg and Bill Gates, on this list.

    Campbell: In addition to Elon Musk, a South African immigrant, not making this list for the second year in a row – even though he is the richest person in the world – Jeff Bezos isn’t listed either. Few private citizens have sought to change American society more than they have – Musk most recently through his role in the so-called Department of Government Efficiency and Bezos through actions he takes as the owner of The Washington Post and the founder of Amazon, among other initiatives.

    I believe that it is worth asking why neither of these men, who rank among the wealthiest Americans, made the list this year. While Musk gave too little information to make the list, his previous giving choices raise questions about his commitment to philanthropy as a way to advance the public good. In 2022 and 2023, for example, his foundation gave away less money than required by law and supported organizations that benefit him and his interests, such as schools attended by his children.

    Bezos, by contrast, got a lot of attention in 2022 when he announced he would give away his fortune during his lifetime. Yet his giving has come in fits and starts since 2018, when he began to give away billions of dollars to support people experiencing homelessness, preschools for low-income children and efforts to fight climate change.

    Do you have concerns about the big gifts these donors provide?

    McDougle: The nonprofits receiving these large donations can end up in a precarious situation if that funding suddenly stops. When nonprofits rely too heavily on a few wealthy donors, they may be forced to make abrupt decisions like cutting crucial programs or laying off staff. Obviously, this underscores a core problem with overdependence on these types of major gifts: They can leave nonprofits in a bind and unable to sustain their operations without continued long-term support.

    This is particularly problematic if it affects a nonprofit’s ability to engage in long-term planning. As such, when focusing on the giving of the super rich, it is important to consider not just the immediate benefits of their generosity but also the potential instability it can create for the recipients if their gift is not managed strategically.

    Campbell: The total given by America’s top donors in 2024 was the sixth-highest in the past decade, after adjusting for inflation. I’d expected to see a larger amount, given that 2024 was the second straight year of stock market gains of 20% or more.

    In 2020, when the COVID-19 pandemic began, the top donors gave nearly twice as much to charity as they did this past year; and they gave close to $8 billion more than that in 2021. Why haven’t the wealthiest Americans sustained that level?

    Giant gifts to universities, museums and hospitals are surely making a meaningful difference in America and the world. But I wonder why these donors tend not to focus on the challenges facing those who have the least.

    One significant exception is the $1 billion Ruth Gottesman gave the Bronx-based Albert Einstein College of Medicine to allow the school to become tuition-free. Gottesman, a former faculty member at the school, chose to honor and support the many first-generation and low-income students trained there. Bloomberg, upping his commitment to ease the tuition burden at Johns Hopkins University, made a similar gift to the medical school at his alma mater and four medical schools at historically black colleges and universities.

    To be sure, some of these philanthropists use the foundations they or their relatives control to help meet the basic needs of Americans struggling to get by and address issues such as poverty, disease prevention and criminal justice reform. Melinda French Gates, Warren Buffett, and John and Laura Arnold all directed much of their giving in 2024 to those kinds of foundations.

    What do you expect or hope to see in 2025 and beyond?

    Appe: The Trump administration has frozen most U.S. foreign aid, endangering the lives of millions of the world’s poorest people. There are calls for the wealthiest philanthropists to help to fill this void. I hope some big donors respond with large gifts to UNICEF, the United Nations agency for children, and the WHO Foundation, which supports the World Health Organization.

    Top philanthropists have been slow to react so far. However, the MacArthur Foundation just announced plans to increase its giving over the next two years. MacArthur president John Palfrey said this is a response to what he called a “major crisis” brought on by the Trump administration’s spending cuts. I will observe whether other foundations or some of the wealthiest Americans follow suit.

    Still, philanthropy cannot fill all these gaps. The $60 billion in foreign aid cuts represent a sliver of the trillions the Trump administration wants to slice from the federal budget. If it succeeds, donors will have countless other priorities.

    Campbell: Events that took place during the first Trump administration, like the murder of George Floyd, the erosion of democratic norms and the separation of immigrant families, led philanthropists to embrace giving that addressed these issues, notably diversity, equity and inclusion initiatives. In the early days of the second Trump administration, prominent donors like Mark Zuckerberg have enthusiastically backtracked on their own DEI policies. I am now watching how other donors position themselves relative to the Trump administration’s objectives – as cheerleaders, combatants or something in between.

    The Bill & Melinda Gates Foundation and Arnold Ventures have provided funding for The Conversation U.S. in the past. The Gates foundation currently provides funding for The Conversation internationally.

    David Campbell receives grants from the Learning by Giving Foundation and the Conrad and Virginia Klee Foundation to support the experiential philanthropy course he teaches at Binghamton University. He also serves as the chair of the Klee Foundation board.

    Lindsey McDougle and Susan Appe 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. Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers – https://theconversation.com/gifts-from-top-50-us-philanthropists-rebounded-to-16b-in-2024-mike-bloomberg-reed-hastings-and-patty-quillin-and-michael-and-susan-dell-lead-the-list-of-biggest-givers-250577

    MIL OSI – Global Reports