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Category: Business

  • MIL-OSI Russia: “Winter in Moscow”: wedding ceremonies were held on the skating rinks at VDNKh and Vorobyovy Gory

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    On the largest skating rink in Moscow and for the first time on the skating rink of the Moscow Palace of Pioneers on Vorobyovy Gory on a beautiful date – February 25, 2025 – the capital’s registry offices held off-site wedding ceremonies. The newlyweds exchanged rings on the ice and made the event truly unforgettable. The skating rinks are operating within the framework of the project “Winter in Moscow”.

    “Winter wedding ceremonies on skates have become our good tradition for the last few years. During this time, 12 capital couples tied the knot on skates in the company of friends and family. On this beautiful date, over 800 couples got married in Moscow, four new families were created on the skating rinks at VDNKh and on Vorobyovy Gory. The ceremonies were held in different formats – at VDNKh, the newlyweds exchanged rings during the day against the backdrop of the exhibition’s architecture and the Friendship of Nations fountain, on Vorobyovy Gory the celebrations took place in the evening with cozy lighting and wedding decor,” said

    Svetlana Ukhaneva, Head of the Civil Registry Office of Moscow.

    Ice skating wedding

    Marriage registration on ice rinks has become a good tradition of winter seasons. On Tuesday, two wedding ceremonies took place on the largest skating rink in the capital at VDNKh. The newlyweds were on skates and in festive outfits that matched the entourage of the ice rink. The official marriage registration was carried out by employees of the capital’s registry offices.

    The largest skating rink at VDNKh this year is located in its traditional place — along the Main Alley between pavilions No. 1 “Central” and No. 58 “Agriculture”. The ice rink goes around the fountains “Friendship of Peoples” and “Stone Flower”. The area of the artificial ice surface is more than 20 thousand square meters.

    In addition, the evening ceremonies were held for the first time on the skating rink of the Moscow Palace of Pioneers on Vorobyovy Gory. It was decorated with modern wedding decor, and the names of the newlyweds were displayed on the multimedia screen during the ceremonies. Natural evening and artistic lighting added coziness to the ceremony.

    Love reigns here

    In addition, on the beautiful date of February 25, 2025, the Wedding Palace at VDNKh celebrated its 11th anniversary since its opening. The building was constructed in 1939 according to the design of the famous architect Nikolai Kolli. The historic mansion has a large hall and living rooms, which are ideal for gathering guests, holding receptions, photo and video shooting.

    The area of the ceremonial hall is 100 square meters, which allows for more than 30 people to be accommodated, ensuring a comfortable and solemn event. The interval between registrations here is twice as long as in other wedding palaces in Moscow.

    The solemnity of the marriage registration ceremony is provided by the musical accompaniment of a string trio. The newlyweds are offered to choose any of 60 compositions. During the buffet, guests can order a harp performance.

    An application for marriage registration is submitted in person at the Wedding Palace at VDNKh, as well as at any government services center “My Documents” or online through the public services portal or Mos.ru.

    It is also possible to organize an off-site marriage registration. Among the venues are the Cosmonautics and Aviation Center, the Moscow Sun Ferris Wheel, and the Moskvarium. These places are included in the project “New Addresses of Happiness”.

    There are more than 50 venues available for holding ceremonies in Moscow, including wedding palaces, museums, metro stations, estates and restaurants. The service will help future newlyweds make their choice “Our Wedding” on the mos.ru portal. This is a detailed guide to wedding ceremony locations in the capital. Using filters, you can set the necessary parameters, such as the type of venue, interior style, and other features. In addition, the service allows you to specify the desired registration date, the nearest metro station, the maximum number of guests, and much more. The pages of the venues contain detailed descriptions and contact phone numbers.

    You can apply for marriage registration on the public services portal or on mos.ru, as well as in wedding palaces. The state fee is 350 rubles.

    The first wedding ceremonies of 2025 took place at Mayakovskaya metro station

    The Winter in Moscow project is the main event of the season, which until February 28 brings together various events in the capital. Citizens and tourists are invited to remember traditions and history, warm up with tea and hot buns, go ice skating, watch ice shows, give gifts to people who find themselves in a difficult life situation, and show concern for those who need it.

    Muscovites and guests of the capital are offered a huge selection of events in the open air and in cultural and sports institutions. The atmosphere of winter traditions has engulfed the entire city – more than 1.9 thousand sites are open. The largest festivals of the capital are organically woven into the project: “Moscow Estates”, “Moscow Tea Party”, “City of Light” and many others. All information about the project and the events of the winter season can be found in a special section of mos.ru.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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    https: //vv.mos.ru/nevs/ite/150504073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Developments by enterprises of the Technopolis Moscow SEZ have won grants from the Russian Science Foundation

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Developments by enterprises of the special economic zone (SEZ) Technopolis Moscow have won grants from the Russian Science Foundation (RSF) in the field of Microelectronics. Seven companies of the SEZ Technopolis Moscow presented projects in the field of microelectronics. This was reported by the Minister of the Moscow Government, head of the capital’s Department of Investment and Industrial Policy Anatoly Garbuzov.

    “The Technopolis Moscow Special Economic Zone is a center for the development of high technologies. Here, companies create unique and innovative products that have no analogues either in Russia or in the world. Seven Moscow enterprises became winners of the competition held by the Russian Science Foundation. They presented 10 scientific and scientific-technical projects. According to the terms of the competition, the foundation will conclude agreements on further cooperation with the winners. At the next stage, contractors will be selected for the work on proposals that will be financed by the RSF. The projects must be implemented within three years,” said Anatoly Garbuzov.

    The Russian Science Foundation allocates grants for fundamental research and supports applied developments within the framework of strategic initiatives defined by the President of Russia. According to Deputy Chairman of the Scientific and Technological Council of the Russian Science Foundation, Doctor of Technical Sciences Sergey Gavrilov, one of the criteria for assessing the results of scientific activity can be the level of science intensity and demand for products manufactured by enterprises of the Technopolis Moscow SEZ. According to this indicator, companies based in the Technopolis Moscow SEZ occupy leading positions in their fields, he added. They become winners of the RSF competitions, which confirms the high scientific level of research and development of companies. Subsequent implementation of scientific and technical projects on selected technological proposals will make a breakthrough in the development of the radio-electronic industry and raise it to a new level of competence and capabilities.

    “The development and implementation of these proposals will allow Russia to achieve technological sovereignty in the field of microelectronics. In addition, the active replacement of foreign software and equipment allows companies to increase their profits,” emphasized Gennady Degtyarev, General Director of the Technopolis Moscow SEZ.

    For example, the Elta company, one of the winners of the competition, proposed the development of silicon CMOS photodetectors and an optoelectronic unit for the rapid determination of glycated hemoglobin in the blood. As General Director Yuri Glukhov noted, today in Russia they produce devices that analyze it and are necessary for monitoring and screening in clinics to detect diabetes or prediabetes. The development of an optoelectronic unit for the creation of a domestic portable medical analyzer will allow for the import substitution of such medical equipment.

    Another resident of the Technopolis Moscow SEZ, the Research Institute of Molecular Electronics, presented a project to create domestically produced ultra-pure materials for the microelectronics industry. As noted by General Director Alexander Kravtsov, precursors (organometallic compounds) will be used to develop structures for ferroelectric and resistive memory, as well as to form a gate dielectric in transistors of a topological level of 45 nanometers and less.

    In addition, the winners of the RSF competition included such companies as NM-Tech, Epiel, Proton Plant, Zelenograd Nanotechnology Center, and Lassard.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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    https: //vv.mos.ru/nevs/ite/150522073/

    MIL OSI Russia News –

  • MIL-OSI Russia: The city has put eight premises in the Basmanny district up for auction

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Eight commercial properties free-use in the Basmanny District was put up for auction. This was reported by the head of the capital’s Department of Competition Policy Kirill Purtov.

    “Real estate in the center of the capital is especially in demand among investors, as it allows doing business in areas with high traffic and good business and tourist activity. Premises with an area of 37.5 to 409.9 square meters have a flexible purpose and are suitable for implementing various business projects. Application campaigns for them will end between March 4 and 26. Bidding will begin on March 13 and will last until April 4, depending on the selected lot,” said Kirill Purtov.

    The premises are located in residential buildings and office buildings. Seven of them are located on Zemlyanoy Val, Myasnitskaya, Novaya Basmannaya streets and on Chistoprudny Boulevard, they are connected to electricity, water supply and sewerage. The premises on Armyansky Lane are connected only to electricity.

    To participate in the auction, you will need registration on the Roseltorg platform and an enhanced qualified electronic signature. The organizer of the auction is Moscow City Department of Competition Policy.

    Moscow is a city that develops entrepreneurship. The capital puts various properties up for auction, and the showcase of the offered objects is Moscow Investment Portal. More than 400 non-residential premises and buildings are currently available to investors. In the section “Property from the city” All necessary information about the lots is published: photographs, documentation, conditions and form of implementation. Here you can also take a 3D tour of the objects. Participating in city auctions is convenient – the entire procedure takes place online.

    Development of electronic services for business corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/150565073/

    MIL OSI Russia News –

  • MIL-OSI Economics: Development Asia: Strengthening E-Commerce Payment Systems Amid Insolvency Risks

    Source: Asia Development Bank

    The payment process of e-commerce transactions between buyers and sellers typically involves payment originators such as card companies, payment gateways (PGs), e-commerce platforms, and issuers of e-payment instruments, including mobile vouchers and e-coupons.[1] Payment gateways not only relay buyers’ payment information received from platforms to credit card companies but also act as a representative merchants for many subordinate vendors by serving as their payment agents. The payment gateway directly linked to the payment originator is referred to as the primary PG, and the platform company subordinated to the primary PG is called the secondary PG. Sales proceeds are settled to vendors through the payment originator, primary PG, and the secondary PG.

    When multiple payment gateways are involved in the payment process, those closer to the payment originator are assigned higher numbers (e.g., PG1, PG2, etc.). Mobile vouchers and e-coupons are considered prepaid e-payment instruments (prepaid e-money) since consumers purchase them in advance of ordering goods.[2] The sales of these prepaid instruments have steadily increased due to promotional discounts offered by issuers. Some companies, like Ticket Monster, may simultaneously operate as a payment gateway, issue their own prepaid e-money (e.g., TIMON Cash), and act as sales agents for third-party prepaid e-money (e.g., Happy Money). Consequently, the payment gateway representing the seller of a voucher may differ from the payment gateway representing the affiliate network of the same voucher.

    Figure 1: A Simple Diagram of E-Commerce Settlement Structure

    Note: 1) Credit card transactions are processed in the following sequence: ① placement of order ② approval of payment ③ receipt of order ④ delivery of goods ⑤ settlement of payment ⑥ card fee payment. 2) Prepaid e-money transactions are processed in this sequence: ⓐ purchase of e-money ⓑ placement of order ⓒ transmission of order and payment order ⓓ delivery of goods ⓔ settlement of payment. However, the order of ⓓ and ⓔ may vary depending on the transaction. 3) Each diagram represents the simplest structure of payment settlement, so the structure could be much more complex and extended in reality.

    MIL OSI Economics –

  • MIL-OSI USA: Cotton, Coons Reintroduce Bipartisan, Bicameral Bill to Restore Injunctive Relief for Patent Infringement

    US Senate News:

    Source: United States Senator for Arkansas Tom Cotton

    Cotton, Coons Reintroduce Bipartisan, Bicameral Bill to Restore Injunctive Relief for Patent Infringement

    Washington, D.C. — Senator Tom Cotton (R-Arkansas) and Senator Chris Coons (D-Delaware) today reintroduced the Realizing Engineering, Science, and Technology Opportunities by Restoring Exclusive (RESTORE) Patent Rights Act of 2025. This bipartisan, bicameral bill would restore the presumption that courts will issue an injunction to stop patent infringers, strengthening protections for U.S. inventors, entrepreneurs, universities, and startups. Representatives Nathaniel Moran (R-Texas) and Madeleine Dean (D-Pennsylvania) also introduced the House companion bill. 

    “American ingenuity should be rewarded and protected,” said Senator Cotton. “Current patent law fails to protect inventors and leaves them vulnerable to intellectual property theft from adversaries like China. This bipartisan legislation will help solidify America’s edge in technological innovation.”

    “Thanks to a wrongheaded decision from the Supreme Court, there are now companies who steal patented technologies rather than license them from inventors and then justify their actions as simply the cost of doing business. Innovators at universities and startups who lack resources are often unable to stop patent infringement in court and are forced into licensing deals they do not want,” said Senator Coons. “The RESTORE Patent Rights Act will protect innovators across the country, stop the infringe-now, pay-later model in its tracks, and strengthen America’s economic competitiveness for generations to come.”
    For more than two centuries, courts granted injunctive relief in most patent cases upon a finding of infringement, preventing patent infringers from continuing to produce goods that ran afoul of patent laws. However, this practice was upended in 2006 when the Supreme Court’s decision in eBay v. MercExchange created a four-factor test to determine whether a permanent injunction is warranted in infringement cases, altering the longstanding remedy for patent infringement.

    Since that decision, obtaining injunctive relief in patent cases has become significantly more difficult and rare. A recent study found that requests for permanent injunctions in patent cases fell by 65% for companies that use their patented technology to manufacture a product; grants of permanent injunctions to those companies fell even more significantly. Requests and grants for licensing patent owners like universities and research clinics dropped even further: Requests fell by 85%, and grants fell by 90%. 

    The RESTORE Patent Rights Act would undo the damage of the eBay decision by returning to patent owners a rebuttable presumption that an injunction is warranted after a court makes a final ruling that their rights are being infringed. This would deter predatory infringers and restore meaning to the right to exclude.

    “American innovation is only as strong as the confidence in knowing ideas cannot be stolen by competitors. In the last two decades, innovators have found it harder to obtain a permanent injunction from U.S. courts, which stops bad actors from stealing their intellectual property (IP). Our legislation will restore the rights of American innovators by ensuring permanent injunctions are accessible from U.S. courts. This bill will provide greater certainty in the protection of IP and prevent cases from being taken overseas to countries like China. When U.S. courts enforce the exclusivity of patent rights, America becomes a world leader in innovation,” said Congressman Moran.  

    “Enforceable patents are vital to our ability to invent, improve and advance – yet today, it is increasingly difficult for patent holders to enforce their rights through permanent injunctions, even after proving infringement in court,” said Congresswoman Dean. “The bipartisan, bicameral RESTORE Act addresses this issue and safeguards American innovation. I’m grateful to be joined by Congressman Moran, Senator Coons, and Senator Cotton in our push to protect patentholders, including universities, research laboratories, and startups.”

    “Years of economic pitfalls and regulatory restrictions have stifled innovation and competition, preventing American companies from flourishing and dominating markets. As new competitors emerge against American companies, safeguarding intellectual property rights and strong patent protections are more necessary than ever. Congress has a duty to protect the fruits of Americans’ labor and secure America’s success against our competitors. The RESTORE Patent Rights Act is an important bill that promotes domestic innovation and healthy industry competition that will secure American superiority in global markets,” said Heritage Action Executive Vice President Ryan Walker.

    Text of the bill may be found here.

    MIL OSI USA News –

  • MIL-OSI Australia: Queensland launches coordinated feral cat management in Channel Country

    Source: Government of Queensland

    Issued: 25 Feb 2025

    • An innovative new partnership funded by the Australian Government will help target feral cats across 180,000 hectares of south-west Queensland.
    • The Channel Country Threatened Species Partnership comprises twelve partnering groups representing government, First Nations, pastoralists and conservation groups.
    • Iconic threatened species like the greater bilby and night parrot will receive greater protection through the removal of feral cats.

    In a move to protect some of Queensland’s most vulnerable species, the innovative Channel Country Threatened Species Partnership (CCTSP) has been formed to target feral cats across 180,000 hectares of south-west Queensland.

    Feral cats, one of the nation’s most devastating predators, pose an ongoing threat to more than 200 native species.

    The partnership comprises twelve groups representing government, First Nations, pastoralists and conservation groups.

    The project is being coordinated by the Queensland Department of the Environment, Tourism, Science and Innovation and the Desert Channels Queensland NRM Group.

    The project has received $498,973 funding through the Australian Government’s Saving Native Species Program to implement the national Threatened Species Action Plan 2022-2032.

    “For threatened species like the greater bilby, kowari, night parrot, and plains-wanderer, this is an important project,” Deputy Director-General of Queensland’s Department of the Environment, Tourism, Science and Innovation, Mr Ben Klaassen, said.

    “Feral cats are relentless hunters that don’t recognise property boundaries.

    “Innovative collaborative partnerships increase our chances of successfully managing such a damaging pest species and improving recovery outcomes for threatened species,” Mr Klaassen said.

    Eight sites have been selected for the project, building on existing efforts by the partners to effectively double feral cat management in the Channel Country.

    “While the program’s actual feral cat control efforts will focus on a land area of some 180,000 hectares, the eight sites comprise an area of up to 500,000 hectares across the Channel Country,” Mr Klaassen said.

    Control efforts include humane ground shooting and trapping, enhanced by technology such as thermal imaging scopes.

    To gauge the project’s success, wildlife cameras and bioacoustic recorders will monitor both predator and prey populations, offering insights into the effectiveness of these measures.

    The partnership’s efforts aim to improve the conservation outcomes for priority species being targeted for feral cat management by the project:

    • The Greater bilby (Macrotis lagotis): Listed as Endangered in Queensland and Vulnerable nationally.
    • The Night parrot (Pezoporus occidentalis): Listed as Endangered at both state and national levels.
    • The Plains-wanderer (Pedionomus torquatus): A quail-like ground bird that is listed as Critically Endangered on both state and national lists.
    • The Kowari (Dasyuroides byrnei): A small carnivorous marsupial that is listed as Endangered at both state and national levels.

    “Without intervention, these iconic species face an uncertain future,” said Desert Channels Queensland Chief Executive Officer Leanne Kohler.

    “This program marks a turning point by uniting traditional custodians, pastoral companies, conservation groups, and the Queensland Government in a shared mission to safeguard the environment and biodiversity of our remarkably beautiful Channel Country.

    “This project is a chance to turn the tide,” Ms Kohler said.

    MIL OSI News –

  • MIL-OSI China: Zeiss Vision sees ‘golden’ decade of growth in country

    Source: China State Council Information Office

    Zeiss Vision will remain dedicated to its investment in China, one of the top priority markets for the German manufacturer of eyeglass lenses and ophthalmic instruments, a senior executive of the company said during an exclusive interview in Shanghai.

    The company will integrate its global expertise with local strategies to align with the demands of the Chinese market, explore and expand new business areas, and shape the future market, said Sven Hermann, a member of the executive board of the 179-year-old Zeiss Group.

    “This year marks the 40th anniversary of the establishment of the China Optometric and Optical Association, and Zeiss Vision Care has been rooted in China for 30 years,” said Hermann, who is also president and CEO of Zeiss Consumer Markets.

    “We are honored to have witnessed the prosperous development of the industry in China, and we have full confidence in our sustainable prosperity in China and our contribution to the high-quality development of the vision care industry,” he said during this year’s China (Shanghai) International Optics Fair (SIOF), which concluded on Saturday.

    Hermann noted that the company expects China, a fast-growth market, to become its largest market and the biggest contributor for Zeiss Vision Care.

    “By closely understanding the needs of Chinese consumers, we will innovatively introduce diversified products, especially those that meet digital trends. Also, based on a deep understanding of consumers, we will adapt marketing strategies that meet the market need, thereby deepening our brand influence,” he said.

    “We will be growing with our customers in China. We believe that we will see a golden decade of growth of eyecare in China and us focusing on delivering superior eyecare to deliver astonishing growth,” he said.

    Data by market consultancy Frost& Sullivan showed the number of people with refractive errors and cataracts in China will reach 769 million in 2025, and the demand for ophthalmic diagnosis and treatments will continue to increase.

    According to China Insights Consultancy, the size of the ophthalmic market in China reached 223.1 billion yuan ($30.7 billion) last year, and is expected to exceed 250 billion yuan in 2025.

    Zeiss has invested in six legal entities in Guangzhou, Guangdong province, covering a diverse range of businesses in the optical field with a total cumulative investment of nearly 4.1 billion yuan. It has established a comprehensive and sustainable eye health industry ecosystem encompassing such key functions as product design, research and development, manufacturing, personalized customization and sales.

    Hermann said this is having a positive impact on the industry, driving technological innovation and progress.

    During the past two fiscal years, 15 percent of the company’s revenues were spent on R&D, which laid the foundation for the success and continued expansion of the company’s technology and market leadership, said Hermann.

    At this year’s SIOF, the company launched the Zeiss DuraVision Gold UV coating that features innovative breakthroughs in aesthetics, performance and cleanability.

    In recent years, to address societal concerns in China regarding myopia management among teenagers and presbyopia management, the company launched key products to meet consumer needs. For example, Zeiss MyoCare lenses with C.A.R.E.technology significantly slow axial elongation. Also, Zeiss Progressive Light 2 Lenses are an ideal choice for first-time progressive wearers, allowing users to focus easily and comfortably on both near and far objects.

    MIL OSI China News –

  • MIL-OSI Australia: Address to the Super Summit

    Source: Australian Treasurer

    From capital markets to critical minerals, trade to technology, manufacturing to infrastructure.

    This Summit is about stronger returns and stronger economic ties between 2 great countries.

    So thank you, Ambassador Rudd, for the invitation, for the introduction and for all your work with officials to bring us together in DC to talk about the big opportunities before us.

    In partnership with my friend Heather Ridout – our Consul‑General, who will host you tomorrow in New York.

    And generously sponsored by Macquarie, represented here by Shemara – Australia has a tradition of outstanding business leaders, and Shemara exemplifies it.

    To all the representatives from Australian and US funds, peak bodies and investors who have taken the time to join us today – welcome.

    It’s a special honour to be joined by Treasury Secretary Scott Bessent.

    President Trump told our Prime Minister he would make sure his top people were at this summit.

    They are, and I’m looking forward to introducing Secretary Bessent as our keynote speaker in a moment.

    But first, let me take a few minutes to talk you through why I think this summit is so important, and so timely.

    Not just as a way to explore mutually beneficial investment opportunities.

    But as a powerful demonstration of the strategic and economic alignment between our 2 countries which has done so much to secure prosperity for our people.

    This summit has gathered together some of the key stewards of capital across the United States and Australia.

    Our super fund representatives here today manage almost a trillion US dollars.

    The US companies and investment firms here have a market cap of at least $1.8 trillion.

    And over the course of these 2 days in DC, we’ll be joined by Governors and Congressional representatives from 5 US states – Illinois, Florida, Tennessee, California and Connecticut – that make up more than a quarter of the American economy.

    It’s a remarkable collection of capital and capability.

    So together, you represent very substantial investment opportunities.

    To collaborate on capital flows towards roads and bridges, energy infrastructure and data centres.

    To highlight a point made by Secretary Bessent in the Economist:

    Longstanding trusted allies with shared interests make the best economic partners.

    Across 14 Presidents and 16 Prime Ministers, Australia and America have sought to create a more peaceful, prosperous world – together.

    By the time the ANZUS treaty was signed in 1952, Australia and America had already partnered to shape the post‑war order of Bretton Woods.

    And we collaborated to bring about a period of relative calm after the Cold War that we both benefitted from.

    Through all of this we invested in each other’s success.

    Ford played a major role in the shift of Australia’s economy from primary industries to a stronger manufacturing base in the twentieth century.

    Macquarie Group pioneered private infrastructure investment in both of our countries.

    And BlueScope started its US operations – leading to $5 billion of investment in American steel.

    The last 17 years or so have presented more challenges, starting with the Global Financial Crisis.

    But together, we’ve weathered 3 major economic shocks, war and geopolitical tensions with remarkable resilience.

    Australia and the United States are 2 of the best positioned economies in the world right now.

    Our economies are both growing, inflation is down, and our labour markets strong.

    What makes that unusual around the world, and in historical terms, is we haven’t had to pay for this progress on inflation with much higher unemployment in our economies.

    This is a unique combination and a sound foundation that positions us to be the primary beneficiaries of the churn and change which defines uncertain times in the global economy.

    And to make the most of the 5 big shifts we identified in our own Intergenerational Report that will define the coming decades.

    Supply chain fragmentation, revolutions in energy, the acceleration of AI, an ageing population and the associated changes to our industrial base.

    Amidst this churn and change, we’re an island of dependability in a sea of uncertainty.

    This American–Australian partnership is full of shared interests, mutual benefits and enormous opportunity.

    Australia has and will be an essential contributor to US prosperity.

    Our economic partnership is mutually beneficial and has never been more critical.

    The US has enjoyed an uninterrupted trade surplus with Australia since 1952, currently two‑to‑one.

    We impose zero tariffs on US imports.

    Around half of our exports are inputs into American domestic production processes.

    We can supply 36 of the 50 minerals the United States lists as critical – for advanced technology and defence.

    Under AUKUS, we’re paying our own way at the same time as bolstering our defence capability.

    We are already one of America’s top 10 foreign investors.

    And we have trillions of patient, friendly pension capital ready to invest in the new opportunities that lie before us.

    Above all else, this is the reason we’re here today.

    In Australia, super, or pension savings, have been building steadily now over a long period of time.

    And what was around 100 billion US dollars a few decades ago has now grown to a pool of capital worth $2.6 trillion.

    At home, that helps us take pressure off public pensions and budgets.

    It funds decent, dignified retirements for our people.

    And it’s helped make us a net exporter of capital.

    Australia’s superannuation sector manages the fourth biggest pool of pension funds in the world.

    Larger than the capital controlled by the sovereign wealth funds of the United Arab Emirates and Saudi Arabia – combined.

    Even more remarkable to be in the top 4 when you consider we don’t crack the 50 biggest countries by population and we’re ranked 14th by GDP.

    This pool of capital has and will keep on identifying and making the most of investment opportunities at home – in housing, in energy, in technology and in infrastructure.

    In the next 3 decades, Australia’s super pool could be almost two‑and‑a‑half times the size of the Australian economy.

    Increasingly this means capital needs to be deployed abroad too – in markets which are safe, well‑capitalised and can deliver the right risk‑adjusted returns.

    Markets like this one.

    That’s why it’s no surprise that America is the biggest international destination for Australian super fund capital.

    The current value of Australian super fund investments in the US is around $400 billion – due to reach $1 trillion over the next decade.

    So, Australia’s superannuation sector has the size, scale and presence to play a big role driving new American industries and creating jobs.

    By investing in deep and liquid US equity markets.

    And directly in your infrastructure too.

    Data centres in Las Vegas.

    Toll roads in Indiana.

    Container terminals in Long Beach.

    And more.

    Our funds want to partner with other investors in the US and beyond to finance these kinds of projects.

    Which is why we also have a vision to build Australia’s stature as a financial centre for the Indo‑Pacific.

    Australia has the talent, the financial infrastructure and the institutional capability to mobilise capital efficiently –

    Facilitating capital flows, structuring investments and directing funds to where they can generate the best returns.

    And we look forward to working with the people in this room to help us realise this potential.

    Now, it’s almost time to hear from Treasury Secretary Bessent.

    So let me say a few words about the meeting we wrapped up just an hour or so ago with Director Hassett.

    I was grateful for the very constructive conversation.

    And grateful we were able to cover so much ground over the course of an hour or so.

    We continued the discussion on tariffs, picking up from President Trump’s call with Prime Minister Albanese just over a fortnight ago.

    We also spoke about critical minerals.

    How Australian resources can help fuel American industry and advanced manufacturing.

    And the need to create secure, sustainable, reliable and resilient supply chains.

    And how investors can continue to drive growth and dynamism in both our economies.

    With patient, productive investment that bolsters industry, maintains our edge in the global economy, strengthens resilience, and creates jobs and opportunity.

    Secretary, I was struck by the words you used towards the end of your confirmation hearing.

    ‘I think it’s Main Street’s time.’

    That motivation is at the heart of this summit.

    From Main Street to Middle Australia –

    Stronger returns and stronger ties in the service of both countries together.

    In what will be a defining decade for us all.

    To hear more about all of that, please join me in warmly welcoming the US Treasury Secretary, Scott Bessent.

    MIL OSI News –

  • MIL-OSI China: Announcement on Open Market Operations No.38 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.38 [2025]

    (Open Market Operations Office, February 26, 2025)

    In order to keep the liquidity adequate in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB548.7billion through quantity bidding at a fixed interest rate on February 26, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Volume

    Rate

    7 days

    RMB548.7 billion

    1.50%

    Date of last update Nov. 29 2018

    2025年02月26日

    MIL OSI China News –

  • MIL-Evening Report: Your super fund is invested in private markets. What are they and why has ASIC raised concerns?

    Source: The Conversation (Au and NZ) – By Mark Melatos, Associate Professor of Economics, University of Sydney

    If you are a member of a super fund, some of your long-term savings are probably invested in private markets.

    Public markets are familiar to most of us – the stock market and government and corporate bond markets. Private markets include unlisted assets such as companies owned by private equity firms, infrastructure investments and private credit markets.

    Corporate watchdog the Australian Securities and Investments Commission (ASIC), has today released a discussion paper that emphasises the growth in private capital, seemingly at the expense of public markets. While the number of listed companies and the value of initial public offerings has shrunk, private equity and infrastructure funds have boomed.

    Should we be worried about this?

    Public vs private markets

    Public markets tend to be transparent, tightly regulated and liquid. Companies listed on the stock exchange publish their financial accounts, hold annual general meetings and their shares can be readily traded.

    In contrast, private markets are lightly regulated. Private capital investments are more opaque, less liquid and, hence, more risky. But they can deliver much higher returns (or losses).

    Often, obtaining capital from private sources makes sense. For example, entrepreneurs whose startup firms are short of revenue, profit and tangible assets are unlikely to be able to raise capital in public markets, or from banks. Instead, they turn to private equity firms for funding.

    What are the concerns?

    In its report, ASIC raises several concerns:

    • the shrinking of Australia’s public equity markets might hurt the economy

    • the rise of private markets may create new or amplified risks

    • the lack of transparency of private markets poses a challenge for investors and regulators.

    Public markets play an important role connecting investors with companies seeking capital. The shrinking of public markets, therefore, has important economic implications. Will private markets be able to pick up the slack?

    Notwithstanding the growth in private capital markets, they are still small compared to their public counterparts. The total capitalisation of the Australian Stock Exchange (ASX) is $3 trillion. Total private capital funds under management are only $150 billion.

    The lack of disclosures in private capital markets might also create more and different risks for financial markets and the economy; risks that regulators may not understand, nor know how to anticipate or effectively mitigate.

    The role of Australian super funds

    ASIC is concerned about the implications for the superannuation industry of the growth of private capital markets and decline in public markets.

    Australia’s superannuation assets now total $4.1 trillion, greater than the value of Australia’s GDP and more than the total value of all companies listed on the ASX. Anything that alters the playing field for Australian super has the potential to create outsized risk (or opportunity) for the Australian economy.

    The ASIC report highlights the growing involvement of Australia’s superannuation funds in private markets. Australia’s two largest super funds, Australian Super and Australian Retirement Trust, each have about 20% of their total funds invested in private markets.

    The fact is that Australia’s superannuation sector has outgrown Australian public markets. They cannot trade shares on the ASX without moving share prices significantly to their detriment. On the other hand, having super funds, which are highly regulated to protect member savings, investing in unregulated private capital markets is jarring, if not potentially risky.

    Having said this, the size of Australia’s super funds means they can set the terms and price at which they invest. This power is most valuable in private deals; less so in public markets where a company’s stock price and its financial accounts are public knowledge.

    Increasingly, super funds directly invest in infrastructure projects such as ports and airports rather than buy shares in listed infrastructure firms.

    What’s behind the shift in markets?

    The ASIC report points the finger at the usual culprits for the shift from public to private capital markets, including the regulatory burden on public companies and the rise of technology companies that prefer to tap private capital.

    However, another problem is bedevilling policymakers everywhere: too much capital is chasing too few profitable investment opportunities. Companies have lots of cash on their books and nothing to spend it on.

    Increasingly, such companies have resorted to share buybacks (reducing the number of their shares on issue) to reward investors in a tax-effective way. A lot of the shrinkage in public equity is due to share buybacks that in 2022 alone totalled US$1.3 trillion.

    Why does all this matter?

    The ASIC report is notable for what it does not say; nothing, for example, on its own chequered history of investigative and enforcement action.

    The growing importance of opaque private markets matters more if regulators are asleep at the wheel. ASIC’s tendency for weak oversight and sclerotic enforcement can hardly have raised investor confidence in Australia’s public capital markets.

    Its oversight of initial public offerings (IPOs) has also been questionable over a long period. How can ASIC be expected to adequately manage complex private capital market risks given its woeful performance managing simpler public market risks?

    The apparent decline of public markets has been spooking even sophisticated private financial market players – including, most notably, Jamie Dimon, CEO of JP Morgan. If Dimon is concerned, then ASIC – and all of us – should probably also be concerned.

    Mark Melatos 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. Your super fund is invested in private markets. What are they and why has ASIC raised concerns? – https://theconversation.com/your-super-fund-is-invested-in-private-markets-what-are-they-and-why-has-asic-raised-concerns-250788

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Privacy Commissioner welcomes Westpac privacy breach settlement

    Source: Privacy Commissioner

    Privacy Commissioner John Edwards has welcomed the settlement reached between Nicky Hager and Westpac over the banks disclosure of Mr Hagers financial information to Police in 2014. Mr Edwards says there are important lessons to be learned from the case, particularly around the need for clear process when commercial organisations deal with Police requests for customer information. Police had sought Mr Hagers bank information from Westpac without seeking a production order or search warrant from a court. The bank responded by providing several months of his transaction information. Westpac has acknowledged it was wrong to give Mr Hagers bank information to Police without seeking further explanation.

    The Privacy Act allows companies to disclose some information to Police and other law enforcement agencies where necessary to avoid a prejudice to the maintenance of the law.

    MIL OSI New Zealand News –

  • MIL-OSI China: Beijing conference examines AI’s transformative role

    Source: China State Council Information Office

    The 2025 Enterprise Management Annual Conference is held at the National School of Development of Peking University in Beijing on Feb. 23, 2025. [Photo provided to China.org.cn]

    Entrepreneurs and scholars gathered at the 2025 Enterprise Management Annual Conference in Beijing on Feb. 23 to explore how AI innovations, such as DeepSeek and Unitree Technology’s humanoid robots, are reshaping industries, the workforce and society.

    The conference was co-organized by Enterprise Management magazine, Entrepreneur magazine, and the National School of Development of Peking University.

    During the keynote speech session, Yu Yong, chairman of Hebei Iron and Steel Group Co., Ltd. (HBIS), highlighted DeepSeek’s groundbreaking role in demonstrating China’s growing strength in AI, elevating the global AI conversation to new heights.

    “AI has ushered in a new technological revolution,” he said. “It has far-reaching implications, especially for manufacturing industries.”

    Yu noted that AI is changing how productivity is generated, emphasizing computational power and data over traditional capital and labor. This fundamental shift is reshaping business management models, replacing hierarchical, assembly-line practices with flat, borderless organizations. AI-driven technologies are making it possible to optimize processes in ways previously unimaginable, both improving efficiency and reimagining how value is created.

    “AI will liberate workers from routine tasks, allowing them to focus on higher-level work,” Yu said. “Human workers will transition into roles such as AI managers and strategists, similar to what we’ve done in our corporation.”

    Over the past two years, HBIS has restructured its business units to integrate AI, ensuring a smooth transition as AI becomes more integral to operations, Yu said.

    Humanoid robots were a key topic in a subsequent roundtable discussion. Zhang Rui, chairman of Beijing Ironman Technology Co. Ltd., discussed the company’s pioneering work in bipedal robots, which began with its founding in 2015 as China’s first company to focus on this field.

    Zhang emphasized the importance of tailoring the use of humanoid robots to industry needs. “A humanoid robot is not always the best solution for every scenario,” he said. “It is important to match the robot’s capabilities with the specific demands of the industry.”

    Zhang Yueqiang, vice president of Yonyou Network Co., Ltd., discussed how AI is already transforming professions. “AI has the potential to replace many jobs in fields such as basic translation, writing and even data analysis,” he said. “By 2030, we will see disruptive changes in the workplace, with nearly half of existing skills becoming obsolete.” The key to staying relevant, Zhang stressed, is to focus on creativity, critical thinking and adaptability — skills that AI cannot easily replicate.

    The discussion also highlighted AI’s growing role in public services. Tian Qunxi, chief innovation officer of Seeyon Internet Software Corp., noted that the government is among AI’s largest beneficiaries due to its extensive databases. Tian emphasized that AI will profoundly impact public services, such as administrative processes, by improving efficiency and accuracy in ways previously unseen.

    The 2025 Enterprise Management Annual Conference provided a platform for deep insights into the ongoing AI revolution. From manufacturing to public services, AI is transforming industries at an accelerating pace. As a transformative force, AI is reshaping how we work, live and interact with the world. The challenge, experts agree, is to not only embrace AI but also prepare for the profound changes it will bring.

    MIL OSI China News –

  • MIL-OSI Banking: Samsung and Hyundai Motor Company Complete Industry-First RedCap Trial on Private 5G Network

    Source: Samsung

    Samsung Electronics today announced that the company has successfully completed the industry’s first end-to-end Reduced Capability (RedCap) trial over a private 5G network with Hyundai Motor Company (Hyundai Motor), a global leader in smart mobility solutions. This trial highlights the potential of next-generation industrial private 5G connectivity, and will be showcased at the Samsung booth during the Mobile World Congress (MWC) 2025.
     
    The achievement of this industry-first RedCap end-to-end testing follows Samsung’s successful deployment of the private 5G network in Hyundai Motor’s major manufacturing facility last October. The companies have been working together to transform Hyundai Motor’s Ulsan Plant ― the world’s single largest automobile plant, which produces an average of 6,000, vehicles per day ― as a part of their smart factory innovation.
     
    With Samsung, Hyundai Motor has launched an advanced private 5G network to connect and efficiently manage numerous devices and manufacturing systems across its plant, ensuring real-time data upload and download. A high-performance network with reliable connectivity is crucial for automotive manufacturers to control and optimize smart factory automation systems, as well as properly operate their manufacturing systems and Internet of Things (IoT) devices such as Automated Guided Vehicles (AGVs), which deliver parts to the designated production lines.
     
    ▲ The companies have completed end-to-end RedCap test with Samsung’s private 5G solutions and Hyundai Motor’s Diagnostic SCAN (D Scan) equipment for vehicle inspection.
     
     
    Industry-First End-to-End RedCap Trial on a Samsung-Powered Private 5G Network
    As of January, the companies have carried out end-to-end RedCap technology tests at Samsung’s private 5G network testbed, located at its R&D Center. It was aimed to verify RedCap capabilities and integrated performance across the whole network from vehicle inspection terminal to private 5G core, radios and management system. For this trial, Samsung used its RedCap-powered private 5G network solutions including its virtualized 5G Core, baseband units, radios supporting 4.7 GHz band, and an integrated Network Management System.
     
    The trial also focused on integrating Hyundai Motor’s Diagnostic Scan (D Scan) featuring Qualcomm’s Snapdragon® X35 5G Modem-RF System into Samsung’s private 5G network. This device is developed by Hyundai Motor to be used at its smart factories via wireless communications between vehicles and D Scan to automatically inspect and efficiently determine whether vehicles have been assembled correctly before releasing finished cars. Compared to the old Wi-Fi system, the companies achieved a more seamless, real-time inspection data transmission with high speed and reliable 5G connectivity.
     
    This successful collaboration is another milestone Samsung and Hyundai Motor are marking, as Hyundai Motor plans to continuously expand RedCap private 5G networks to its newest electric vehicle manufacturing facilities to begin their operation in the first half of 2026.
     
    At its smart factories, a range of small devices are in operation ― sensors, cameras, tablet PCs, automatic logistics robots, compact wireless tools and testing equipment ― which make RedCap on a private 5G network a key driver for cost-effective, efficient and intelligent network automation and monitoring.
     
    RedCap is considered a catalyst for the widespread adoption of private 5G networks at manufacturing facilities, construction sites, academic campuses and more. This technology streamlines 5G connectivity for small-size 5G IoT (IoST) devices such as industrial sensors and wearables by lowering complexity and more importantly, increasing battery life while still ensuring the desired data speeds.
     
    “The recent collaboration with Hyundai Motor represents how the two leaders in their respective industries can creatively drive business innovation and unlock new real use cases by merging best-in-class expertise,” said Simon Lee, Vice President and Head of B2B·B2G Business Development, Networks Business at Samsung Electronics. “Samsung’s RedCap-powered private 5G network solutions will open up more possibilities for enterprises, manufacturers and public institutions, serving as a gateway to driving more efficient 5G networks.”
     
    “Hyundai Motor was the first Korean company to implement P-5G in mass production,” said Jae Min Lee, Vice President and Head of E-FOREST Center of Hyundai Motor and Kia. “We are also the industry’s first to verify P-5G RedCap technology, reinforcing our global leadership in smart manufacturing solutions. We will continue to accelerate its commercialization.”
     
    “The adoption of RedCap technology will empower private 5G networks to be more efficient and cost-effective, by allowing for devices with smaller form factors, longer battery life and reduced power consumption.” said Pablo Tomasi, Principal Analyst, Private Networks at Omdia. “Thanks to RedCap, private 5G networks will support an increasingly large set of use cases.”
     
    Samsung continues to actively deliver private 5G networks across a range of verticals, including smart factories, hospitals, universities and construction sites, on top of military facilities and local government agencies. With a proven record in commercial deployments, Samsung provides a comprehensive, end-to-end solution backed by long-term R&D leadership.
     
    Also at MWC 2025, Samsung will unveil its innovative next-generation private 5G network, which leverages the company’s virtualization leadership. Supporting current compact and light hardware-based solutions, Samsung will introduce software-centric private 5G solutions – including vRAN software and other software applications on commercial servers (COTS).
     
    Samsung has pioneered the successful delivery of 5G end-to-end solutions, including chipsets, radios and cores. Through ongoing research and development, Samsung drives the industry to advance 5G networks with its market-leading product portfolio, from vRAN 3.0, Open RAN, core to private network solutions and AI-powered automation tools and applications. The company currently provides innovative network solutions to mobile operators and enterprises that deliver boundless connectivity to hundreds of millions of users worldwide.

    MIL OSI Global Banks –

  • MIL-OSI New Zealand: Co-Leaders announce plans to launch Green Budget this year

    Source: Green Party

    Green Party Co-Leaders Marama Davidson and Chlöe Swarbrick have announced the party’s plans to deliver a Green Budget this year to offer an alternative vision to the Government’s trickle-down economics and austerity politics.   

    “New Zealanders care about each other and the planet we live on. Our Green Budget will lay out the plan for an economy that respects and protects those things, instead of exhausting and exploiting both,” says Green Party co-leader and spokesperson for Finance Chlöe Swarbrick.

    “Poverty, and all the social ills that stem from it, doesn’t come from nowhere. It comes from a tolerance of extreme inequality. It comes from the privatisation of profit and the socialisation of cost.

    “In December, we released He Ara Anamata, our Emissions Reduction Plan, which showed how we could reduce emissions five times faster than the Government’s proposed ‘plan’. It showed we can not only reduce the cost of living, but increase quality of life.

    “Our Green Budget will build on that to continue to show precisely how a different world is possible, and entirely within our reach,” says Chlöe Swarbrick.

    “More and more tamariki continue to fall through the cracks and live below the poverty line, as a result of this Government’s choices; the choices to gut housing for our most vulnerable, to gut school lunches, to gut our health system and put growing pressure on our health workers,” says Marama Davidson.

    “We all depend on each other when times are rough. People want to care for each other – manaakitanga is part of human nature. This is the core value that will underpin our Green Budget.

    “Our mokopuna deserve better, and we can deliver better by channelling community power and finally putting people and planet ahead of profit,” says Marama Davidson.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Release: Govt abandons retailers with citizen’s arrests

    Source: New Zealand Labour Party

    The Government’s expansion of citizen’s arrest powers leaves retailers on their own to deal with crime on their premises.

    “National is not listening to the advice of their own police, who have consistently warned that letting Kiwis take the law into their own hands is unsafe, both for retailers and the public,” Labour police spokesperson Ginny Andersen said.

    “Retailers are also expressing grave concerns about this policy, saying that it could escalate violence and put their workers in danger. These are often low-wage workers who are now expected to act as law enforcement officers. The Government needs to do its job and focus on breaking the cycle of crime, not ask people to put themselves in harm’s way.”

    “Turning New Zealand into the wild west is not a crime prevention strategy, it’s dangerous and goes against our values as New Zealanders,” Labour justice spokesperson Duncan Webb said.

    “A broad right of citizens to use force against each other is likely to lead to harm. The enforcement of the criminal law is the job of the police who are properly trained and the suggestion that it is appropriate for citizens to do this in any but the most narrow circumstances can lead to tragic consequences.”

    “This is unfortunately another example of Kiwis not getting what they were promised. They were promised 500 new police officers, but under this Government, more officers have left than have been brought on. They were promised safer communities, but methamphetamine use is skyrocketing. They were promised real solutions on retail crime. Instead, this Government is telling them they’re on their own,” Ginny Andersen said.

    “It is shameful, dangerous, and I fear that it’s only a matter of time before tragedy strikes because of their negligence.”

    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X.

    MIL OSI New Zealand News –

  • MIL-OSI Security: North Bay Man Pleads Guilty To Aggravated Sexual Abuse Of Victim In Marin Headlands

    Source: Office of United States Attorneys

    SAN FRANCISCO – Esbin Ramirez-Garcia, 28, of Rohnert Park, pleaded guilty today to aggravated sexual abuse of a victim while in the Marin Headlands.

    Defendant was indicted by a federal grand jury on Aug. 22, 2024, on one count of aggravated sexual abuse in violation of 18 U.S.C. § 2241(a).  In pleading guilty, Ramirez-Garcia admitted that late in the evening on Aug. 2, 2024, while giving the victim, with whom he had a prior relationship, a ride from her workplace in his truck, he asked her to get back together with him.  Ramirez-Garcia and the victim got into an argument and she refused to resume their relationship.  Defendant deviated from the route to the victim’s home.  The victim asked to be let out of the vehicle, but Ramirez-Garcia grabbed her with his hand and continued driving, forcing her to accompany him.

    According to the plea agreement, Ramirez-Garcia then drove his truck to a parking lot in the Marin Headlands, which is part of the Golden Gate National Recreation Area, and parked just after midnight.  Ramirez-Garcia admitted that he forcibly placed his body on top of the victim’s body while she sat in the passenger seat and sexually assaulted her.

    Acting United States Attorney Patrick D. Robbins, FBI Acting Special Agent in Charge Dan Costin, and National Park Service Investigative Services Branch Acting Special Agent in Charge Betsy Smith made the announcement.

    Defendant has been in custody since August 2024.  Ramirez-Garcia’s sentencing is scheduled for May 28, 2025, before Senior U.S. District Judge William Alsup.  Defendant faces a statutory maximum of life in prison and a $250,000 fine.  Any sentence will be imposed by the court only after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.

    Special Assistant U.S. Attorney Christine Chen and Assistant U.S. Attorney E. Wistar Wilson are prosecuting this case with the assistance of Sara Slattery, Maureen French, and Fernanda Gonzalez.  This prosecution is the result of an investigation by the FBI and the National Park Service Investigative Services Branch.
     

    MIL Security OSI –

  • MIL-OSI China: Problem of delaying release of Palestinian prisoners resolved

    Source: China State Council Information Office

    People welcome a released Palestinian prisoner in the West Bank city of Ramallah, Feb. 8, 2025. [Photo/Xinhua]

    An agreement was reached to resolve the problem of delaying the release of Palestinian prisoners who were supposed to be released in the last batch, Hamas said on Tuesday.

    The prisoners would be released simultaneously with the bodies of the Israeli hostages that were agreed to be handed over during the first stage of the Gaza ceasefire deal, Hamas said in a statement.

    A Hamas leadership delegation concluded its visit to Cairo, where it met with Egyptian officials, the statement said, noting that discussions were held on the implementation of the ceasefire agreement, the exchange of prisoners, and the prospects for the second phase of negotiations.

    “The delegation of the movement’s leadership stressed its clear position on the necessity of full and precise commitment to all its provisions and stages,” the statement added.

    Israel announced early Sunday that it had postponed the release of Palestinian detainees, who were set to be freed Saturday under the ceasefire agreement until more hostages are released.

    Israel was expected to release more than 600 Palestinian detainees on Saturday after Hamas freed six hostages earlier in the day.

    However, Israeli Prime Minister Benjamin Netanyahu’s office said in a statement that it had been decided to delay the release of Palestinian detainees scheduled for Saturday “until the release of the next hostages is secured, without the disgraceful ceremonies.”

    MIL OSI China News –

  • MIL-OSI USA: Cassidy Applauds Implementation of Social Security Fairness Act

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) applauded the announcement by the U.S. Social Security Administration (SSA) that the over 3 million American public servants hurt by the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) will immediately begin receiving  Social Security benefit increases and retroactive payments. This follows the passage of the Social Security Fairness Act, which fully repeals the two unfair Social Security provisions, WEP and GPO, and was signed into law on January 5, 2024, after Cassidy successfully secured a vote on the Senate floor. Earlier this month, Cassidy urged the SSA to move quickly to implement the new law. 
    “Police officers, teachers, nurses, and other state and local public servants across Louisiana will finally receive the correct Social Security payments,” said Dr. Cassidy. “These folks have waited years for this day. The fight took too long, but let’s focus on the victory.”  
    SSA will begin depositing retroactive payments into bank accounts on Tuesday, February 25, 2025, and complete nearly all retroactive payments by the end of March. Adjustments to ongoing monthly benefits will begin in April.
    Before the passage of the Social Security Fairness Act, around 94,000 Louisianans were unfairly penalized by WEP and GPO. WEP was enacted in 1983 and reduces the Social Security benefits of workers who receive pensions from a federal, state, or local government for employment not covered by Social Security. GPO was enacted in 1977 and reduces Social Security spousal benefits for spouses, widows, and widowers whose spouses receive pensions from a federal, state, or local government. 
    Background:
    Cassidy played a pivotal role in getting the Social Security Fairness Act signed into law on January 5, 2025. Cassidy successfully demanded a vote on the Social Security Fairness Act. In July and again in December, Cassidy spoke on the U.S. Senate floor urging Congress to repeal WEP and GPO as part of his “Big Idea” to save, strengthen, and secure America’s retirement system. In June, Cassidy entered a statement into the record urging the repeal of WEP and GPO ahead of the U.S. Senate Finance Subcommittee field hearing on Social Security. 
    Cassidy is a long-time cosponsor of the Social Security Fairness Act in the Senate, being an original cosponsor since he became a Member of Congress in 2009. He led the introduction of the legislation in the 117th and 116th Congress.
    Cassidy led a bipartisan working group to preserve and protect Social Security. He released the inaugural Bill on the Hill video where he asked Capitol Hill visitors from across the country their thoughts on the looming benefit cuts to Social Security and presented his “Big Idea.”
    Last March, Cassidy grilled U.S. Treasury Secretary Janet Yellen on President Biden’s plan to address Social Security, to which Secretary Yellen admitted “the president doesn’t have a plan,” to save Social Security.
    Cassidy has discussed the “Big Idea” at a public forum with AARP on the future of Social Security, outlined his Social Security plan in a fireside chat with the Bipartisan Policy Committee, and authored op-eds in the Washington Examiner in July, the Wall Street Journal in March, and State Affairs and Washington Post in May. 

    MIL OSI USA News –

  • MIL-OSI: SiriusPoint Announces Pricing of Secondary Offering of 4,106,631 Common Shares by Entities Associated with Daniel S. Loeb and Repurchase of 500,000 Shares by SiriusPoint

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, Feb. 25, 2025 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) today announced the pricing of its previously announced registered secondary offering by entities associated with Daniel S. Loeb (colllectively, the “Loeb Entities”) of an aggregate of 4,106,631 common shares at a price to the public of $14.00 per share. The offering is expected to close on February 27, 2025, subject to the satisfaction of customary closing conditions.

    SiriusPoint has agreed to repurchase an aggregate of 500,000 of the common shares being offered in the offering at the public offering price. SiriusPoint will cancel the 500,000 common shares it repurchases in the offering.

    Immediately following the completion of the offering and our previously announced repurchase of all of the common shares and warrants currently held by CM Bermuda, it is expected that the Loeb Entities will own approximately 9.54% of SiriusPoint’s issued and outstanding common shares.

    Under the terms of the transaction, the remaining shares owned by the Loeb Entities will be subject to a 90 day lock-up agreement with the sole bookrunning manager.

    Jefferies is acting as the sole bookrunning manager for the offering.

    The offering is being made only by means of an effective registration statement and a prospectus. The Company has previously filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement (including a prospectus) on Form S-3 (File No. 333-283827), dated December 16, 2024, and a prospectus supplement for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the accompanying prospectus supplement, and other documents the Company has filed with the SEC for more complete information about the Company and this offering. When available, copies of the prospectus supplement and the accompanying prospectus relating to the offering may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at prospectus_department@jefferies.com. Electronic copies of the prospectus supplement and accompanying prospectus will also be available on the website of the SEC at http://www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Contacts
    Investor Relations
    Liam Blackledge, SiriusPoint
    Liam.Blackledge@siriuspt.com
    + 44 203 772 3082
    Media
    Sarah Hills, Rein4ce
    Sarah.Hills@rein4ce.co.uk
    + 44 7718 882011 

    About SiriusPoint

    SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators within our Insurance & Services segment. With over $2.6 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.

    FORWARD-LOOKING STATEMENTS

    We make statements in this press release that are forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include, but are not limited to, the impact of general economic conditions and conditions affecting the insurance and reinsurance industry; the adequacy of our reserves; fluctuation in the results of operations; pandemic or other catastrophic event; uncertainty of success in investing in early-stage companies, such as the risk of loss of an initial investment, highly variable returns on investments, delay in receiving return on investment and difficulty in liquidating the investment; our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market and investment income fluctuations; trends in insured and paid losses; regulatory and legal uncertainties; and other risk factors described in SiriusPoint’s Annual Report on Form 10-K for the period ended December 31, 2024.

    Except as required by applicable law or regulation, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events, or other circumstances after the date of this press release.

    The MIL Network –

  • MIL-OSI: Best PDF Editor (2025): Power PDF by Tungsten Automation Named Top PDF Software by Software Experts

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK CITY, Feb. 25, 2025 (GLOBE NEWSWIRE) — Power PDF by Tungsten Automation has been recognized as the leading PDF editing software for 2025 by Expert Consumers, a trusted authority in software reviews. This highlights the continued importance of effective PDF tools in enhancing workplace productivity and digital document workflows, especially in an increasingly remote and collaborative environment.

    Best PDF Editor

    • Power PDF by Tungsten Automation – a trusted, user-friendly PDF editing solution that combines robust features, advanced security, and seamless integration to enhance productivity in digital document workflows.

    PDF editing software remains critical for businesses and professionals managing contracts, reports, and secure documentation. Expert Consumers’ endorsement underscores Power PDF’s role in addressing the evolving demands of document management with its intuitive features, cost-effectiveness, and advanced capabilities.

    Tungsten Automation, previously known as Kofax, has established a legacy of nearly four decades in intelligent workflow automation. With solutions that streamline business-critical processes, the company is a recognized leader in digital transformation. Power PDF, trusted by over 10 million users globally, exemplifies Tungsten’s dedication to innovation by offering a robust and user-friendly tool for creating, editing, and managing PDF files.

    “Power PDF’s combination of functionality, security, and ease of use places it firmly at the forefront of PDF software,” says Expert Consumers. “Its familiar interface, robust feature set, and recent enhancements make it an invaluable tool for both individual users and enterprise teams.”

    Improving document workflows

    Designed to integrate seamlessly into various workflows, Power PDF is equipped with features that support the creation, conversion, editing, and secure sharing of documents. The software’s interface, modeled after the Microsoft Office ribbon design, ensures an intuitive user experience for both seasoned professionals and newcomers. Compatibility with Windows 11 and macOS underscores its versatility, while its mobile support extends functionality to iOS and Android devices, meeting the demands of modern, on-the-go workflows.

    Recent updates to Power PDF have further solidified its reputation as a leading solution. Enhancements on the latest version of Power PDF Business includes Generative AI Copilots that automate document summaries, translations and more, advanced options for customizing stamps, and the ability to embed and interact with 3D models in PDF files.

    Features like PDF/A-4 support for archival standards and proximity-based “Fuzzy Search” ensure the software keeps pace with user needs for accuracy and compliance. Meanwhile, integration with Chrome and Edge through a browser extension allows users to convert web pages to PDFs and append them to existing documents, providing added convenience.

    Tungsten Automation demonstrates its commitment to accessibility and global usability by supporting multiple languages worldwide, including Western, Eastern, and Arabic.

    Tungsten’s Power PDF editor offers flexible licensing options, including individual, organizational, and enterprise solutions, ensuring accessibility for diverse user bases.

    As digital workflows continue to grow in complexity, software like Power PDF plays an essential role in bridging the gap between collaboration and efficiency. By empowering organizations with tools to secure, manage, and streamline documentation, solutions such as Power PDF support broader efforts toward workplace modernization and productivity.

    Use the code BI15PPDF to enjoy a special 15% discount on Power PDF purchases made on tungstenautomation.com – including Standard, Mac, and Advanced editions (excludes Business).

    For more information about Power PDF or Tungsten Automation’s range of workflow automation solutions, read the full review at Software Experts.

    About Software Experts: Software Expert provides news and reviews of consumer products and services. As an affiliate, Software Experts may earn commissions from sales generated using links provided. 

    The MIL Network –

  • MIL-OSI: Arctic Wolf Expands Presence in Japan with Launch of Aurora Endpoint Security

    Source: GlobeNewswire (MIL-OSI)

    TOKYO and EDEN PRAIRIE, Minn., Feb. 25, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today announced the launch of Aurora Endpoint Security in Japan, following its recent acquisition of Cylance from BlackBerry. Aurora Endpoint Security builds upon Cylance’s trusted pedigree in the cybersecurity marketplace, delivering AI-driven threat prevention and advanced endpoint protection to businesses of all sizes. This launch strengthens Arctic Wolf’s presence in Japan, one of the world’s most dynamic technology markets.

    Building on Cylance’s Market Presence and Cybersecurity Pedigree
    Japan’s rapid digital transformation has increased the demand for robust cybersecurity solutions. To address this need, Arctic Wolf is building on Cylance’s strong market presence in Japan through significant new investments, including growing its local team of security professionals, sales engineers, and customer success specialists. As customers seek to realize the benefits of a single platform for cybersecurity—ensuring the most effective and efficient protection—Arctic Wolf is deepening strategic partnerships within the Japanese channel community to drive innovation and accelerate the adoption of Aurora Endpoint Security across businesses of all sizes.

    “As cyber threats grow in complexity, businesses in Japan need endpoint security solutions that provide both proactive protection and real-world results,” said Nick Schneider, president and chief executive officer of Arctic Wolf. “The launch of Aurora Endpoint Security in Japan represents more than just technological advancement—it underscores our dedication to this market and our commitment to grow our presence. By advancing the AI-driven protection that organizations in Japan know and trust from Cylance, we are ensuring they receive best-in-class security while further expanding our presence in the region.”

    AI-Powered Endpoint Security to Protect Japanese Businesses
    Aurora Endpoint Security seamlessly integrates with the Arctic Wolf Aurora Platform, leveraging insights from 10,000 global customers and more than eight trillion security observations weekly to deliver AI-driven threat prevention, enhanced security visibility, and advanced endpoint protection. As Japanese organizations prioritize endpoint security, Arctic Wolf provides tailored solutions, powered by one of the largest commercial security operations centers (SOCs) in the world, to defend against modern threats. Aurora Endpoint Security includes four specialized offerings—Aurora Protect, Aurora Endpoint Defense, Aurora Managed Endpoint Defense On-Demand, and Aurora Managed Endpoint Defense—giving organizations the flexibility to choose the right level of protection for their security maturity.

    “Arctic Wolf is committed to strengthening cybersecurity in Japan by delivering advanced endpoint security solutions tailored to the region’s unique needs. Our goal is to equip organizations with the tools, expertise, and support necessary to defend against evolving cyber threats,” said Tsutomu Yoshimoto, Area Vice President, Japan, Arctic Wolf. “Our channel partners play a crucial role in bringing these solutions to market, and we are committed to building strong partnerships to support our customers. I couldn’t be more excited to expand Arctic Wolf’s presence in Japan.”

    Join Arctic Wolf’s Aurora World Tour
    To mark the launch of Aurora Endpoint Security, Arctic Wolf is launching the Aurora World Tour, a global event series making stops in 23 cities across 10 countries, including Tokyo, Japan. These exclusive events will offer customers, partners, and security leaders an in-depth look at the Arctic Wolf Aurora Platform, the integration of Aurora Endpoint Security, and strategic insights on building cyber resilience in a rapidly evolving threat landscape.

    Organizations interested in learning more about Arctic Wolf Endpoint Security, the company’s launch in Japan, or details on the Aurora World Tour, can visit arcticwolf.com.

    Additional Resources:

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, enabling customers to manage their cyber risk in the face of modern cyber-attacks via a premier cloud-native security operations platform. The Arctic Wolf Aurora Platform ingests and analyzes more than eight trillion security events a week to help enable cyber defense at an unprecedented capacity and scale, empowering customers of virtually any size across a wide range of industries to feel confident in their security posture, readiness, and long-term resilience. By delivering automated threat protection, response, and remediation capabilities, Arctic Wolf delivers world-class security operations with the push of a button so customers can defend their greatest assets at the speed of data.

    Press Contact:
    North America: pr@arcticwolf.com
    Japan: arctic-wolf@inoue-pr.com

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-Evening Report: J’accuse!… the Jew who accuses his fellow Jews of being antisemites

    A rally on the steps of the Victorian Parliament under the banner of Jews for a Free Palestine was arranged for Sunday, February 9. At 11:11pm on the eve of that rally, Mark Leibler —a  lawyer who claims to have a high profile and speak on behalf of Jews by the totally unelected organisation AIJAC — put out a tweet on X (and paid for an advertisement of the same posting) as follows:

    COMMENTARY: By Jeffrey Loewenstein

    As someone Jewish, the son of Holocaust survivors and members of whose family were murdered by the Nazis, it is hard to know whether to characterise Mark Leibler’s tweet as offensive, appalling, contemptuous, insulting or a disgusting, shameful and grievous introduction of the Holocaust, and those who were murdered by the Nazis, into his tweet — or all of the foregoing!

    Leibler’s tweet is most likely a breach of recently passed legislation in Australia, both federally and in various state Parliaments, making hateful words and actions, and doxxing, criminal offences. It will be “interesting” to see how the police deal with the complaint taken up with the police alleging Leibler’s breach of the legislation.

    In the end, Leibler’s attempted intimidation of those who might have been thinking of going to the rally failed — miserably!

    There are many Jews who abhor what Israel is doing in Gaza (and the West Bank) but feel intimidated by the Leiblers of this world who accuse them of being antisemitic for speaking out against Israel’s actions and not those rusted-on 100 percent supporters of Israel who blindly and uncritically support whatever Israel does, however egregious.

    Leibler, and others like him, who label Jews as antisemites because they dare speak out about Israel’s actions, certainly need to be called out.

    As a lawyer, Leibler knows that actions have consequences. A group of concerned Jews (this writer included) are in the process of lodging a complaint about Leibler’s tweet with the Commonwealth Human Rights Commission.

    Separately from that, this week will see full-page adverts in both the Sydney Morning Herald and The Age — signed by hundreds of Jews — bearing the heading:

    “Australia must reject Trump’s call for the removal of Palestinians from Gaza. Jewish Australians say NO to ethnic cleansing.”

    Jeffrey Loewenstein, LLB, was a member of the Victorian Bar and a one-time chair of the Anti-Defamation Commission and member of the Jewish Community Council of Victoria. This article was first published by Pearls & Irritations public policy journal and is republished here with permission.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: China, Germany business sectors vow to boost cooperation

    Source: China State Council Information Office

    Around 200 Chinese and German business leaders came together in Stuttgart, Germany this week with the goal of boosting cooperation between the two nations.

    Representatives from business associations and enterprises met at the China-Germany Economic and Trade Cooperation Forum on Monday.

    The theme of the forum, organized by China Council for the Promotion of International Trade (CCPIT), was “New Opportunities for China-Germany Economic and Trade Cooperation in the Context of Global Supply Chain Restructuring.”

    It has been five months since CCPIT organized a Chinese business delegation to visit Germany, said Ren Hongbin, chairman of CCPIT. He emphasized that the visit aims to implement the consensus reached by the leaders of both countries and to deepen practical cooperation between the two nations’ business communities, he said.

    The CCPIT is willing to join hands with German partners to tap into the potential of trade cooperation, and to continue providing opportunities for high-quality German products such as autos and agricultural machinery to enter the Chinese market and strengthen cooperation in industrial and supply chains, Ren said.

    The CCPIT intends to promote the development of bilateral investment, create a good environment for business cooperation, and encourage more competent Chinese companies to invest in Germany, Ren added. This will begin a new chapter in high-level China-Germany economic and trade cooperation, he said.

    Despite the rise of trade protectionism, the trend of economic globalization is irreversible, and all parties should strengthen international cooperation based on trust, said Johannes Jung, director of strategy, commercial law, foreign trade and Europe at the Baden-Wuerttemberg Ministry of Economic Affairs.

    Increased face-to-face exchanges between the business communities of both countries will help enhance mutual understanding, deepen practical cooperation, and achieve mutual benefit and win-win results, said Jung.

    “As the second and third largest economies in the world, China and Germany have always been trustworthy partners. They have achieved fruitful cooperation in high-end manufacturing, green energy, technological innovation, finance, and pharmaceuticals,” Chinese Consul General in Frankfurt Huang Yiyang said.

    The economies of China and Germany are highly complementary, and their development philosophies are deeply aligned, allowing both countries to make greater contributions to global economic development, said Huang.

    Also at the forum, Lin Shunjie, chairman of China International Exhibition Center Group Limited, presented the third China International Supply Chain Expo, which is set to kick off on July 16 in China.

    The company signed letters of intent and cooperation memorandums for the exhibition with German partners like Wolqe GmbH and the China Network Baden-Wuerttemberg. Enditem

    MIL OSI China News –

  • MIL-OSI New Zealand: BusinessNZ – Tourism provides boost to NZ economy

    Source: BusinessNZ

    BusinessNZ welcomes data released by Statistics New Zealand showing an increase in tourism spend and agrees the sector has potential to boost the economy even further.
    Business New Zealand Chief Executive Katherine Rich says the tourism sector continues to bounce back from the damage caused during the COVID-19 pandemic.
    “The 59 percent increase in tourism spend translates to more than $16 billion in the year to March 2024, but the benefits to New Zealand’s economy go much deeper than the dollar value. As our second largest export industry, tourism employs more than 180,000 people across all regions in both rural and urban settings.
    “BusinessNZ agrees with Tourism Industry Aotearoa in saying the industry has the potential to grow its economic contribution and attract more visitors from key markets in Asia and Europe.
    “The stats out today show positive signs of recovery, but we cannot afford to be complacent.
    “If we want New Zealand to remain a top tourism destination, we must continue investing in much-needed infrastructure, so visitors can enjoy a high-quality experience which is unmatched by anything in the world.”
    The BusinessNZ Network including BusinessNZ, EMA, Business Central, Business Canterbury and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Auckland University – Business School celebrates triple crown

    Source: University of Auckland Business School

    The University of Auckland Business School is in the top one percent in the world, receiving sought-after accreditation from three international organisations – the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS).

    It was the first in Australasia to attain this ‘triple crown’ in 2004, a recognition it has now maintained for two decades making it the longest-standing triple crown accredited school in the region.

    All three international accrediting bodies praised many aspects of its operations in the latest round of accreditation awards.

    The European Quality Improvement System awarded accreditation to the School based on overall quality, viability and a commitment to continuous improvement. It also considered internationalisation and corporate connections.

    The Business School’s commitment to excellence, academic quality and innovative programme design were among several areas that impressed assessors from the Association of MBAs, an institution known for stringent criteria that evaluate teaching, curriculum and student interaction.

    Meanwhile, accreditation from the Association to Advance Collegiate Schools of Business is achieved by just six percent of the world’s business schools and is considered the gold standard in global business education.

    Business schools that earn this accreditation must demonstrate a commitment to excellence in teaching, research, curriculum development and student success. In the latest accreditation renewal, the organisation commended the Business School for its outstanding research engagement, research-led teaching and strong commitment to positive societal impact through faculty and departmental research centres.

    It said: “The recent establishment of the Energy Centre and Inclusive Capitalism Centre as faculty-level research centres has brought increased emphasis to research agendas of critical significance for New Zealand and the Asia-Pacific region.”

    It also praised the Business School for actively driving initiatives to improve research impact, such as the national research translation competition, which sees academics translate complex studies into relatable reads.

    “Additionally, the experience of the School in developing a wide range of research engagements and collaborations with industry partners, such as with prominent Māori owned seafood company, Moana New Zealand, lead the way in informing classroom learning through rich case study development that prioritises local issues and solutions.”

    Business School Dean Susan Watson says the triple crown achievement is a testament to the School’s exceptional performance across teaching, research, student success and industry engagement.

    “With the successful completion of all three accreditations in an exceptionally compressed timeframe, the Business School continues to demonstrate remarkable organisational capability and sustained excellence,” she says.

    “This recognises our innovative programme design, impactful research and meaningful industry engagement – both in New Zealand and on the world stage.”

    She says the Business School also earned accolades for its cultural leadership.

    “Our unique integration of Māori perspectives and commitment to diversity sets us apart globally. We combine international best practice with local cultural excellence.”

    MIL OSI New Zealand News –

  • MIL-Evening Report: Why do we fall for wellness scams? Our cultural biases and myths are often to blame

    Source: The Conversation (Au and NZ) – By Jesse Ruse, Clinical Psychologist, PhD Candidate, University of Sydney

    Netflix

    Netflix’s Apple Cider Vinegar has renewed interest in Belle Gibson’s infamous wellness scam, reminding us how vulnerable we can be to deception. While Gibson’s scheme eventually collapsed, her story highlights how fraudsters can exploit our psychological and cultural biases to lure us into wellness traps.

    Part of our culture includes the shared mythologies and symbols that help us make sense of the world. These stories and symbols seem to make our lives more “efficient” by surpassing tedious fact-checking. Over time, these cultural codes become embedded into our psychologies, operating as background biases that shape our decision-making.

    By becoming aware of these biases, we can develop a more critical approach to evaluating information presented to us. In doing so, we can protect ourselves from the Belle Gibsons of the world.

    A desire for inner bodily purity

    One pervasive wellness mythology suggests health can be found in the “pure” state of the body, and that illness occurs when outside contaminants pollute the body.

    As anthropologist Mary Douglas notes, we symbolically equate the “inner” with purity and the “outer” with pollution. This leads to efforts to protect ourselves from outside threats. We are disgusted by the idea of the harmful “outside” getting inside and violating the body’s inner sanctum.

    Gibson’s cookbook and app promoted a diet that claimed inner health problems (such as cancer) are the result of outside contamination, in this case by “bad” foods.

    This symbolism also appears in various diets that advocate for removing certain types of food, such as sugar or gluten, to achieve a state of inner sanctity and, therefore, health.

    Similarly, various “clean eating” diets will specifically link certain foods to cleanliness and others to dirtiness. In their most extreme form, these diets constitute orthorexia, a clinical condition defined by an “obsession” with healthy eating.

    The allure of ‘ancient wisdom’

    Each day we face an overwhelming array of choices, from the products we use to how we construct our identities. As people living in modern, affluent societies we are, as philosopher Jean-Paul Sartre put it, “condemned to be free”.

    In this context of choice overload and decision fatigue, ancient wisdom offers a seductive simplicity: a return to simpler times.

    In 1953, psychoanalyst Jacques Lacan observed that we possess a nostalgia for an idealised golden age (regardless of whether it ever truly existed). We yearn for a mythical era of simplicity, safety and happiness. This psychological bias for the past manifests as a deep reverence for “ancient wisdom”, seemingly passed down through generations and untainted by modern influence.

    This preference can be seen in our instinctive trust in grandparents’ remedies and traditional healing practices, even when scientific evidence doesn’t always support them. Gibson and others co-opt this nostalgia by selling us products that connect us to the past.

    Suspicion of industrial-scale production

    Our minds are often suspicious of large-scale and complex manufacturing processes, and will often devalue industrially produced products.

    This scepticism of scale stems from negative associations with factory work, questionable standards and a history of multinational corporations prioritising profit over people. As a public, we are growing understandably weary of the multinational companies whose influence we can’t seem to escape. Politicians often further this narrative by claiming that globalisation – replacing local cottage industries with industrialised mega-companies – screws the little guys like you and me.

    Gibson capitalised on a growing suspicion of the industrial-scale pharmaceutical industry to promote her bespoke “homegrown” wellness products. Locally-made goods often have increased value simply because they are made on a smaller scale, regardless of their quality or materials.

    Historically, various groups including the Luddites and the hippie movement have rejected the industrial push. More recently, we saw these dynamics play out in COVID-19 vaccine denial, which partially stems from suspicions of the pharmaceutical companies.

    A preference for natural over artificial

    Culturally, the concept of the “natural” holds powerful meaning, positioning things found in nature as inherently superior to those manufactured by humans (deemed “artificial”).

    This natural/artificial dichotomy establishes a symbolic framework in which natural remedies, raw foods and authenticity represent the “proper” order of things – how life should be. The “appeal to nature” bias persists because it resonates with our collective intuition that modern life has somehow disconnected us from important truths or healthier ways of living.

    Research has demonstrated we tend to have a positive association with the concept of the “natural”, which we understand as objects not altered by human intervention. This preference isn’t merely aesthetic. It also reflects our belief in a moral order.

    Gibson famously claimed alternative therapies – most notably apple cider vinegar – helped treat her alleged cancer. Similar patterns appear throughout the wellness industry, where influencers and companies market products by emphasising their natural origins and minimal processing.

    These claims leverage our psychological bias toward natural remedies, even when the scientific evidence for their efficacy is lacking.

    Jesse Ruse 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. Why do we fall for wellness scams? Our cultural biases and myths are often to blame – https://theconversation.com/why-do-we-fall-for-wellness-scams-our-cultural-biases-and-myths-are-often-to-blame-250790

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Ignore the ‘ivory tower’ clichés – universities are the innovation partners more Kiwi businesses need

    Source: The Conversation (Au and NZ) – By Omid Aliasghar, Senior Lecturer, Management and International Business, University of Auckland, Waipapa Taumata Rau

    NicoElNino/Shutterstock

    When it comes to turning research into real-world success, New Zealand has a problem.

    Despite the country’s NZ$3.7 billion research and development spending in 2023 – a 17% jump from the previous year — too many New Zealand businesses fail to commercialise innovation.

    According to the World Intellectual Property Organization, New Zealand ranks 21st for innovation inputs. This means we’re good at investing in research and development. But we rank 45th in knowledge outputs and 78th in industry diversification. Essentially, we’re spending more but getting less.

    So, what’s holding the country back? In a lot of cases, it can boil down to a lack of collaboration with universities.

    Universities are typically focused on generating novel or new-to-the world knowledge, with researchers, cutting-edge technology and deep industry connections.

    Working with universities can connect businesses to researchers, government agencies, private industry and global networks. Collaboration can also offer businesses credibility. It signals to investors, partners and customers that they are serious about innovation.

    Yet many businesses underestimate their value. They assume collaboration is slow, academic or bureaucratic.

    Our study – based on a digital survey of 541 firms across a wide range of industries and regions in New Zealand – looked at whether collaborating with universities could help businesses to bring ideas to market, sell intellectual property and develop technology.

    We also considered whether there was a difference in working with international universities versus collaborating with local institutions. While identifying details of the individual businesses were kept confidential, here is what we learned.

    The case for foreign university partnerships

    Our research found partnering with foreign universities allowed New Zealand businesses to tap into global expertise and advanced research. It also provided access to diverse knowledge networks, where businesses could learn from various real-world applications of scientific knowledge.

    For example, a New Zealand business specialising in artificial intelligence (AI) can gain game-changing insights by collaborating with top universities in the United States.

    The partnerships can provide access to leading AI models, advanced algorithms, and global industry connections. These partnerships can enable the business to stay ahead in an increasingly competitive market.

    Additionally, many universities had well-established technology transfer offices. These had experience in helping businesses commercialise research.

    In short, foreign university collaborations opened doors to the world’s best knowledge and technology – critical for firms operating in fast-moving industries.

    New Zealand technology businesses have benefited from partnering with universities based in the United States on artificial intelligence projects.
    Gorodenkoff/Shutterstock

    The strength of local university collaborations

    We also found local university collaborations had their own advantages, including
    an understanding of New Zealand’s specific challenges, from climate change impact on agriculture to AI adoption in small businesses.

    This contextual knowledge made their expertise highly relevant for firms aiming to commercialise innovation within New Zealand’s unique market conditions.

    Working with local universities also allowed businesses to build strong, personal relationships with researchers, fostering faster and more effective knowledge exchange.

    Unlike foreign partnerships, where interactions may be limited to emails and virtual meetings, local collaborations allowed for regular in-person brainstorming, experimentation and problem solving.

    Finally, collaborating with New Zealand’s universities gave businesses access to top local talent, helping them recruit skilled graduates familiar with the domestic market and its needs.

    A balanced approach

    Investing in research and development alone won’t drive innovation for businesses. Without strategic collaboration, firms risk wasting resources on ideas that never reach the market.

    Businesses should take a balanced approach. Foreign university collaborations can offer groundbreaking advances, cutting-edge knowledge and global networks. At the same time, local university collaborations offer accessible knowledge, local expertise and stronger working relationships.

    By embracing these partnerships, New Zealand businesses can turn research into commercial success, drive national economic growth, and position themselves as global innovation leaders. The question is no longer if firms should collaborate with universities – it’s how quickly they can start.

    This research was completed with Annique Un (Northeastern University), Kazuhiro Asakawa (Keio University), Jarrod Haar (Massey University) and Sihong Wu (University of Auckland).

    Omid Aliasghar receives funding support for this research provided by Building New Zealand’s Innovation Capacity Spearhead within the Science for Technological Innovation National Science Challenge.

    – ref. Ignore the ‘ivory tower’ clichés – universities are the innovation partners more Kiwi businesses need – https://theconversation.com/ignore-the-ivory-tower-cliches-universities-are-the-innovation-partners-more-kiwi-businesses-need-249129

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI NGOs: Largest forced displacement in the West Bank since 1967 – Oxfam

    Source: Oxfam –

    • At least 800 Israeli military checkpoints, barriers and gates causing unprecedented movement restrictions; two-hour journeys now take twelve, hampering humanitarian response  

    • Largest forced displacement in West Bank since 1967 amid fears of no right of return 

    A dramatic rise in Israeli military violence has caused the largest forced displacement in the West Bank since the Israeli occupation began. As the ‘Gazafication’ of the West Bank unfolds, vital humanitarian work and projects are being delayed or destroyed, Oxfam warned today.  

    More than 40,000 people have been forcibly displaced since the Gaza temporary ceasefire came into force on 19 January – the highest number since Israel occupied the Palestinian Territory including the West Bank, in 1967. The recent Israeli military offensive across the West Bank has particularly impacted the north, with an assault on Jenin just two days after the Gaza ceasefire began, and spread now into Tulkarem, Nur Shams, and El Far’a refugee camps. 

    Palestinian communities across the West Bank are experiencing multiple traumas, including deaths and arbitrary detention, heavily restricted movement and access to jobs and education, and mass demolitions of homes and infrastructure.  

    Suhair Farraj, Director of Oxfam partner Women Media and Development, said:  

    “The situation was never as bad as it is now. There used to be occasional raids by the Israeli army, but nothing like this. Closures and checkpoints make aid delivery nearly impossible. A journey that should take two hours now takes twelve.” 

    Mustafa Tamaizeh, Economic Justice Development Manager and West Bank Response Lead, Oxfam, OPT, said:   

    “In the last month since the ceasefire, the Israeli escalation of violence and destruction in the West Bank has been unprecedented. The Israeli government is pursuing this destruction with full impunity while aiding and abetting illegal Israeli settlers to attack Palestinian communities.  

    “Effectively we are seeing fast-track annexation policies and measures that are making it increasingly difficult and dangerous for Oxfam and other organizations to deliver desperately needed humanitarian programs and reach communities. The acute needs are further compounded by the extensive forced displacement of so many people. 

    “Our staff and partners have reported being denied access or threatened at military checkpoints and aid deliveries blocked. Such restrictions have slowed aid efforts and increased operational costs.”  

    “In the last month since the ceasefire, the Israeli escalation of violence and destruction in the West Bank has been unprecedented. The Israeli government is pursuing this destruction with full impunity while aiding and abetting illegal Israeli settlers to attack Palestinian communities.  

    Mustafa Tamaizeh, West Bank Response Lead

    Oxfam

    Since the beginning of the Israeli forces’ operation in the West Bank on 21 January, 51 Palestinians, including seven children, and three Israeli soldiers have been killed. At Jenin refugee camp, which is now practically deserted, reports from Oxfam partners indicate that Israeli forces have been widening roads and installing Hebrew street signs inside cleared areas.     

    In Jenin refugee camp, on 21 January an Israeli military attack killed at least 12 Palestinians and displaced more than 20,000 people. A young participant in a youth project run by Oxfam and a partner project said the military had been shooting at everyone, burning houses to the ground and destroying infrastructure, including hospitals. Ambulances were blocked for hours. 

    With attacks by illegal Israeli settlers soaring, vital humanitarian work and projects by Oxfam, its partners and other aid agencies, are being delayed. Israeli forces’ operations have caused severe damage to water and sanitation infrastructure, disrupting access to water for tens of thousands of people, leading to growing concerns for public health. Agriculture has ground to a halt. 

    Abbas Milhem, Executive Director of Oxfam partner Palestinian Farmers Union, said:   

    “Since the ceasefire in Gaza, Israel has cut off farmers from accessing their lands across the West Bank, making their lives almost impossible. This month only, the Israeli army ordered the takeover of 1,000 acres of land in the occupied West Bank, emptying the lands of farmers to make it easy for annexation and settlement expansion.  

    “Settlers too, have intensified their attacks. The number of settler attacks every day has multiplied. These include physical attacks, damaging and destroying local agricultural projects, uprooting and cutting down trees, and even shooting at farming communities, forcing large numbers to leave their farmland areas.”   

    Oxfam teams and partners have reported that many rural areas are being put under full closure, cutting off access to humanitarian aid. East Jerusalem is currently closed to Palestinians in the West Bank, as Israel has banned access beyond the restrictions imposed for decades.  

    Oxfam’s Mustafa Tamaizeh, added: “What we are witnessing is a calculated annexation 

    strategy. Overnight, movement between cities has been paralyzed, piling economic and social pressure on already struggling communities. Violations of human rights and international law are happening in plain sight, with impunity, as the international community watches on, complicit in its silence. 

    “As one of our partners described to me, we are now witnessing the same scenes we once watched on TV in Gaza, Rafah, and Deir Al-Balah. We are seeing the ‘Gazafication’ of the West Bank. 

    “The international community must not turn a blind eye while this historic displacement, de-humanisiation and destruction takes place in the West Bank. For too long, Israel’s illegal occupation, oppression and countless grave breaches of International Humanitarian Law across the OPT have been unchecked. Urgent action must be taken so Israel’s impunity ends and aid agencies are granted access to help Palestinians recover and rebuild from the violence so they can fulfill their right to self-determination and live in dignity, freed from occupation”. 

    MIL OSI NGO –

  • MIL-OSI USA: Cornyn on Outbound Investment: It’s High Time China is Held Accountable

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    WASHINGTON – Today on the floor, U.S. Senator John Cornyn (R-TX) underscored the importance of Congress passing legislation to prohibit investments by American entities in sensitive technologies in China, a priority he has long championed, in order to bolster America’s national security. Excerpts of Sen. Cornyn’s remarks are below, and video can be found here.

    “At this very moment, American investors—some of these are businesses, some of these are individuals—the investments they’re making are fueling China’s military buildup and modernization by funneling capital into, potentially, dual-use technology and military capabilities that could eventually be used against the United States and our allies.”

    “How can we expect to outcompete or even catch up to Chinese companies if, unbeknownst to us, American dollars are continuing to fuel their rise economically and militarily?”

    “We’re simply not being serious about confronting our greatest strategic adversary if we continue to be blind to the investment of billions of dollars and the very technologies that could be potentially used to kill American Soldiers, Sailors, Airmen, and Marines.”

    “There are reasons for optimism that this year will be the time we get these provisions over the finish line, and we’ve worked hard to work with the House’s version and to work with the Senate version that passed overwhelmingly previously to make sure we marry those up and we establish a bill that enjoys bipartisan and bicameral support.”

    “I’ve been working with everyone from the Speaker of the House to the Chairman of the Select Committee on the CCP, John Moolenaar, to Congressman McCaul, as well as Tim Scott, Chairman of the Banking Committee here in the Senate, and we’ve all made input into a piece of legislation that will finally accomplish what we’ve been working on for these last few years.”

    “It will be a home run for all Americans, who can feel safe that American companies and investors are not helping China not only rebuild its economy, but also its military as well.”

    “The only party that stands to lose from this legislation will be the Chinese Communist Party, and it’s high time that they be held accountable.”

    MIL OSI USA News –

  • MIL-OSI Security: Three Men Plead Guilty In Bribery And Fraud Investigation At Newark Airport

    Source: Office of United States Attorneys

    TRENTON, N.J. – Three men have pleaded guilty in connection with a bribery and fraud investigation pertaining to business at Newark Liberty International Airport (“Newark Airport”), Caroline Sadlowski, Attorney for the United States, announced.

    Edward Dolphin, 65, of Tomball, Texas, pleaded guilty on February 19, 2025, before U.S. District Judge Quraishi in Trenton federal court, to an Information charging him with conspiracy to commit honest services wire fraud. James Wajda, 59, of Cement City, Michigan, pleaded guilty on February 19, 2025, before District Judge Quraishi, to an Information charging him with conspiracy to commit wire fraud. Ronald Delucia, 70, of Wayne, New Jersey pleaded guilty today before District Judge Quraishi to a two-count Information charging conspiracy to commit honest services wire fraud (Count One) and conspiracy to commit wire fraud (Count Two).

    According to documents filed in this case and statements made in court:

    Dolphin was an employee of an airline that operated at Newark Airport. From at least as early as 2014 through in or about April 2017, he was an Airport Operations Hub Vendor Manager, and from in or about April 2017 through in or about November 2022, he was a Manger of Hub Business Partners. In his positions at the airline, Dolphin was able to influence which companies would be awarded certain contracts. Dolphin traded this influence for bribes and kickbacks. For example, Dolphin received bribes from Delucia, who was Chief Operating Officer and later Chief Executive Officer of a company that provided a range of services to airlines at Newark Airport, including the airline for which Dolphin worked. Delucia’s company paid Dolphin up to $31,500 per month, totaling $1 million, in exchange for Dolphin’s assistance in securing work for Delucia’s company. In addition, Dolphin received approximately $70,000 from another vendor in exchange for Dolphin’s influence in the process of awarding a busing contract. Dolphin received approximately $278,000 from another vendor in exchange for his influence in the process of awarding a snow removal contract. Finally, Dolphin received approximately $262,000 in exchange for his influence in the process of awarding an aircraft cleaning contract. In total, Dolphin received over $1.6 million in bribes and kickbacks.

    Wajda was the Chief Operating Officer for a Des Plaines, Illinois based company that provided various services to an airline at Newark Airport, including cabin cleaning services. In or about December 2021, the company had a contract with the airline to load provisions onto the airline’s planes. In or about March 2022, Wajda conspired with Delucia, agreeing that Delucia’s company would invoice Wajda’s company for a “dispatcher” to assist in the transportation of the provisions, as if Wajda’s company had subcontracted Delucia’s company to assist in dispatching the trucks transporting provisions to the aircraft. Delucia’s company then fraudulently invoiced Wajda’s company for work that Delucia’s company did not in fact provide, and Wajda’s company paid the invoices. Delucia then kicked back a portion of the fraudulently obtained funds to Wajda through Wajda’s personal limited liability company. Pursuant to this agreement, Delucia’s company invoiced Wajda’s company $150,000 for services that were never rendered. Wajda, in turn, received approximately $38,600 from this scheme.

    In addition to pleading guilty to the conduct involving Dolphin and Wajda, Delucia also admitted his role in conduct involving Alok Saksena, Anthony Rosalli, and Lovella Rogan, who each previously pleaded guilty in this investigation. Rosalli, Saksena, and Rogan all held positions with the airline that enabled them to influence which companies the airline would award certain contracts to at Newark Airport. The defendants conspired to receive bribes and kickbacks from Delucia’s company in exchange for helping Delucia’s company obtain lucrative airline contracts at Newark Airport.

    For example, in or about September 2021, Delucia’s company bid on a contract to renovate restrooms at Newark Airport. Saksena, Rosalli, and Rogan sat on the selection committee and each of them voted to award the contract to the company. In exchange for their  help in obtaining the $19.7 million restroom renovation contract, and with the expectation that they would use their positions to help the company obtain future contracts, Delucia’s company agreed to pay for significant renovations at their personal residences, including renovating and building bathrooms, renovating a deck, installing floors and sheetrock, and renovating a kitchen. Delucia’s company also gave them valuable items, including electronics and jewelry. The total value of the bribes paid was approximately $539,000 to Saksena; approximately $276,000 to Rosalli; and approximately $409,000 to Rogan.

    “The defendants exploited their positions within their respective companies to enrich themselves while defrauding others. Defendants’ commercial bribery and fraud corrupts the fairness of our economic system. We will hold to account those who break the law to line their own pockets.”

    Attorney for the United States Caroline Sadlowski

    “The schemes conceived and executed by these individuals to defraud the airline operating out of Newark Airport are reprehensible. The individuals who benefited with monetary and other high-value gain are being held responsible for the bribery and corruption they had hoped would fly under the radar,” Newark Acting Special Agent in Charge Terence G. Reilly said.

    “Blatant corruption like this erodes public trust and robs honest businesses of fair opportunities,” said Port Authority Inspector General John Gay. “This case is a stark example of individuals exploiting their positions for personal gain, putting greed ahead of the public good. We’re grateful for the partnership of the U.S. Attorney’s Office and the FBI as we root out fraud, hold bad actors accountable, and protect the integrity of the systems that keep our region moving.”

    Dolphin, Wajda, and Delucia each face a maximum sentence of 20 years’ imprisonment and a fine of up to $250,000 on each count. Sentencing for Dolphin is scheduled for June 24, 2025. Sentencing for Wajda is scheduled for June 24, 2025. Sentencing for Delucia is scheduled for July 1, 2025.

    Attorney for the United States Caroline Sadlowski credited special agents of the FBI, under the direction of Acting Special Agent in Charge Terence G. Reilly in Newark, investigators from the Port Authority of New York & New Jersey Office of Inspector General, under the direction of Inspector General John Gay, and special agents of the U.S. Attorney’s Office, under the direction of Special Agent in Charge Thomas Mahoney, with the investigation leading to the charges.

    The government is represented by Assistant U.S. Attorneys Katherine J. Calle and Francesca Liquori of the Special Prosecutions Division in Newark.

    All other co-conspirators identified in the Informations are presumed innocent until proven guilty. 

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    Defense counsel: David Wikstrom, Esq., Counsel to Edward Dolphin

                                Paul Flannery, Esq., Counsel to James Wajda

                                Paul Faugno, Esq., Counsel to Ronald Delucia

    MIL Security OSI –