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Category: Business

  • MIL-OSI USA: DCCA NEWS RELEASE: IOLANI SCHOOL WINS THE 2025 HAWAIʻI LIFESMARTS STATE COMPETITION

    Source: US State of Hawaii

    DCCA NEWS RELEASE: IOLANI SCHOOL WINS THE 2025 HAWAIʻI LIFESMARTS STATE COMPETITION

    Posted on Feb 21, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS

    KA ʻOIHANA PILI KĀLEPA

    BUSINESS REGISTRATION DIVISION

     

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

     

    NADINE Y. ANDO

    DIRECTOR

    KA LUNA HOʻOKELE

    TY Y. NOHARA

    COMMISSIONER OF SECURITIES

    IOLANI SCHOOL WINS THE 2025 HAWAIʻI LIFESMARTS STATE COMPETITION

     

    FOR IMMEDIATE RELEASE

    February 21, 2025

    HONOLULU — The state Department of Commerce and Consumer Affairs (DCCA) Business Registration Division and Insurance Division, and Hawaiʻi Credit Union League (HCUL) announces that the team from Iolani School today won the annual Hawaiʻi LifeSmarts State Competition at the Neal S. Blaisdell Center in Honolulu.

    The competition tests students on their knowledge of personal finance, health and safety, the environment, technology, and consumer rights and responsibilities. Following the preliminary online portion of the competition, top scoring teams from Kalani, Iolani and Waipahu High Schools were invited to compete in today’s in-person competition, where they tested their skills through a “speed smarts” activity, and game show-style buzzer rounds.

    Iolani School will go on to represent Hawaiʻi at the National LifeSmarts Competition in Chicago, Illinois from April 24 – 27, 2025. Members of the team are: Kevin Fleming (team captain), Jeremy Choi, Cade McDevitt, Tyler Hijirida, and Ryan Chan.  The team was coached by Kit U Wong.

    “Congratulations to Iolani School as it advances to the National Competition in Chicago,” said Department of Commerce and Consumer Affairs Director Nadine Ando. “The LifeSmarts program teaches our students practical, real-life skills that they will need as they enter adulthood, and we are proud to be a sponsor of this statewide program. Thank you to our staff, volunteers, and community partners for their generous contributions towards another successful year of Hawaiʻi LifeSmarts.”

    2025 Hawaiʻi State Competition Community Supporters include:

     

    • Aloha Pacific Federal Credit Union
    • Amazon Web Services
    • Better Business Bureau
    • Big Island Federal Credit Union
    • Cisco
    • Coastal Construction Co., Inc.
    • eWorld Enterprise Solutions, Inc., Google Cloud
    • Farmers Hawaiʻi
    • Hawaiʻi Community Federal Credit Union
    • Hawaiʻi Credit Union League
    • Hawaii Government Employees Association (HGEA)
    • Hawaiʻi Information Service
    • Hawaiʻi State Federal Credit Union
    • HawaiiUSA Federal Credit Union Foundation
    • Hawaiʻi Medical Service Association (HMSA)
    • International Brotherhood of Electrical Workers (IBEW), Local 1186
    • Laborers-Employers Cooperation and Education Trust (LECET)
    • Outrigger Resorts & Hotels
    • Pacxa
    • Pasha Group and Pasha Hawaiʻi
    • Pearl Hawaiʻi Federal Credit Union
    • Schofield Federal Credit Union
    • SHI International Corp.
    • University of Hawaiʻi at Mānoa Shidler College of Business, Pacific Asian Center for Entrepreneurship (PACE)
    • Walmart

     

    Visit www.LifeSmartsHawaii.com for more information.

    LINK: PHOTOS AND B-ROLL

    LifeSmarts is a national consumer education program that prepares students to enter the real world as smart consumers by teaching them the skills needed to succeed in today’s global marketplace. The program is run by the National Consumers League and sponsored locally by the DCCA Business Registration Division and Insurance Division, in partnership with the Hawaiʻi Credit Union League.

    ###

    Media Contact:

    Communications Office
    Department of Commerce and Consumer Affairs

    Phone: 808-586-2760
    Email: [email protected]

    MIL OSI USA News –

    February 25, 2025
  • MIL-OSI USA: DLNR News Release-Voyaging Canoe Lost in Lahaina Wildfires Being Replaced, Feb. 21, 2025

    Source: US State of Hawaii

    DLNR News Release-Voyaging Canoe Lost in Lahaina Wildfires Being Replaced, Feb. 21, 2025

    Posted on Feb 21, 2025 in Newsroom

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF LAND AND NATURAL RESOURCES

    KA ‘OIHANA KUMUWAIWAI ‘ĀINA

     

         JOSH GREEN, M.D.
    GOVERNOR

     

    DAWN CHANG
    CHAIRPERSON

     

     

    VOYAGING CANOE LOST IN LAHAINA WILDFIRES BEING REPLACED

    Donations Came From Around the State

     

    FOR IMMEDIATE RELEASE    

    Feb. 21, 2025

     

    KAHULUI, Maui — A trucker, a shipping company, a canoe builder, and the DLNR are helping Hui O Wa‘a Kaulua replace a voyaging canoe that burned in the Lahaina wildfires.

     

    The Mo‘olele was birthed 50 years ago and was in a park along the ocean, at 525 Front Street, when it burned. Timothy ‘Timi’ Gilliom is a captain and the builder of the Mo‘okiha O Pi‘ilani and the new canoe that’s replacing the Mo‘olele, the Nāleilehua.

     

    He’d been working in Lahaina on August 8, 2023, and had gone to the boat hale where the Mo‘olele was being restored. As he was evacuating the burning town he looked back and recalls, “When I looked at Mo‘olele, I knew I’d never see her again. And she was already finished, ready to go.”

     

    Gilliom said it was a devastating blow. Building Polynesian canoes is a laborious, painstaking and expensive process. It’s rich in Hawaiian tradition, which explains the kōkua his group received through a series of connections and donations.

     

    Tons of koa, land and ocean shipping and fiberglass hulls – all donated – has Gilliom and his crew of three working to try and have Nāleilehua finished this year.

     

    “Mo‘olele was 42 feet. This (Nāleilehua) is 44 feet, a little longer, same crab claw sail, same parts, and everything. And we moved from Lahaina (to Kahului) which is where our nonprofit was. It’s called Hui O Wa‘a Kaulua, the group of the double hull canoes,” Gilliom explained.

     

    He said they didn’t know if they would be able to use koa for the new canoe, because it was hard to get. “Then we got ahold of David Tsuchiya (Kaua‘i Branch District Superintendent for the DLNR Division of State Parks-DSP) and he ended up sending us a container load. So, we got a lot of koa now. It was 22,000 pounds,” Gilliom commented.

     

    Some of the koa was salvaged from tree fall from lessees, but most of it was collected in Koke‘e State Park when it falls across roadways and other common areas of the park. It is stored for potential future public auction, which has happened in the past. DSP Administrator Curt Cottlrell said, “There was no question that State Parks preferred to donate this koa for Nāleilehua.”

      

    From Koke‘e, trucker Timmy Lopez, drove the long shipping container to the harbor, where Pasha-Hawai‘i loaded it onto a container ship for the voyage to Maui.

     

    “The trucking was free…the shipping was at the discounted employee rate. The koa that we have is heavy koa. So, it’s older koa,” Gilliom said. “It was overwhelming,” he added.

     

    “My actual genealogy is from Pi‘ilani, from that area where Mo‘olele lived before,” remarked Makaio Lorenzo as he sawed and cut fiberglass hatch covers. He describes Nāleilehua as, “Kind of riding the line, right in the middle. So, functions as traditional, looks very traditional, but we have more modernized stuff, like hatch covers for our storage. I’m sure back then our kūpuna had something like storage containers, but it’s just the cleaner, more modernized way of doing it.”

     

    But, it’s the sense of tradition and ancestry that has Lorenzo all in, “100%” he says. “I get to be what Timi was to Mo‘olele, to this canoe now. And it doesn’t stop with Timi and Mo‘olele. It goes further with his teachers, Uncle Leon, and it’s continuing that genealogy through our canoes.”

     

    Lorenzo looks forward to sailing on the Nāleilehua. One day he’d like to be its captain. “I dream about it every single night and I just keep thinking about her. I have no idea what’s going to happen. I don’t know if I’m going to cry. I don’t know if I’m going to just stand there and be like, good job. No idea,” Lorenzo concluded.

     

    # # #

     

         RESOURCES

    (All images/video courtesy: DLNR)

     

    HD video – A New Wa‘a for Lahaina (web feature):

    https://www.dropbox.com/scl/fi/52ldhm7ucwf2fog160z2f/A-New-Wa-a-for-Lahaina.mov?rlkey=i4om3yjk4ncjixcz5aiuvxyrz&st=zdmffla8&dl=0

     

    HD video – New wa‘a for Lahaina media clips (Feb. 19, 2025)

    https://www.dropbox.com/scl/fi/a2yqbwx2852oz5x7bb942/New-Wa-a-for-Lahaina-media-clips-Feb.-19-2025.mov?rlkey=j6zf39npth3pvopjjpn9xrech&st=pwcuoh9e&dl=0

    (Shot sheet/transcriptions attached)

     

    Photographs – New wa‘a for Lahaina (Feb. 19, 2025):

    https://www.dropbox.com/scl/fo/iacc0ic3vexhs5zvffdka/ABYFZYpXQ_ihpxQqboKDVqs?rlkey=7ripzvh88hclphdlito6kbr4u&st=pdlv7w8k&dl=0

     

     

    Media Contact: 

    Dan Dennison

    Communications Director

    Hawaiʻi Dept. of Land and Natural Resources

    808-587-0396

    Dlnr.comms@hawaii.gov

     

     

    MIL OSI USA News –

    February 25, 2025
  • MIL-OSI Asia-Pac: The India-EU Trade and Technology Council first Workshop on Electric Vehicles (EV) Charging Technology paves the way for new advancements in standardisation and sustainable mobility

    Source: Government of India (2)

    Posted On: 24 FEB 2025 8:14PM by PIB Delhi

    The EU and India are deepening their partnership as part of a new strategic agenda to enhance prosperity, stability, security and people-to-people connections, to which the cooperation in the area of research brings a dynamic contribution.

    The first India-EU Workshop on Electric Vehicles Charging Technology was held in Pune, India, on 24th Feb 2025 under the auspices of the India-EU Trade and Technology Council (TTC) Working Group 2 on Green and Clean Energy Technologies, successfully bringing together policy-makers, representatives from electro-mobility industry, standardisation associations and technical testing facilities, to foster harmonised solutions for sustainable transport.  The workshop was attended by Dr. Monoranjan Mohanty (Adviser) and Dr Hafsa Ahmad (Scientist) from Office of the Principal Scientific Adviser to Government of India, Dr. Reji Mathai (Director) and Mr. Abhihit Mulay (Deputy Director) from the Automotive Research Association of India and Mr. Nitish Kumar Jain, Deputy Director, Bureau of Indian Standards. Participants from European Commission included Dr. Liliana Pasecinic, Dr. Harald Scholz, Mr. Dirk Groβmann and Dr. Saki Gerassis, who joined online. Stakeholders from the Indian and European industry also actively participated in the workshop.

    The workshop has been one of milestones in the TTC Working Group 2 work agenda and will be discussed as an achievement in the forthcoming 2nd TTC Ministerial meeting to be held in New Delhi on 28th Feb 2025.

    Organised by the Automotive Research Association of India (ARAI) and the European Commission’s Joint Research Centre (JRC), with the support of the Office of the Principal Scientific Adviser (PSA) to the Government of India, the workshop addressed key policy and technical aspects of EV charging, covering all size classes of electric vehicles, and focusing on standardisation, and strategic cooperation. The workshop featured expert presentations, policy dialogues, and panel discussions, covering critical topics such as:

    • The EU- and Indian charging standards, infrastructure requirements, requirements for communication and interoperability targets;
    • Insights about the future strategic directions in India and the EU in sustainable mobility, including potential synergies leading to economies of scale;
    • EV Charging system testing capabilities and pre-normative research, with focus on ARAI and JRC facilities;
    • Industry perspectives to enhance India-EU collaboration in EV-charging

    The workshop provided the opportunity to deepen bilateral cooperation on harmonising standards for EV charging infrastructure, including cooperative, pre-normative research for harmonised testing solutions and knowledge exchange in the field of electro-mobility.

    Additionally, the participants were provided the opportunity to visit the ARAI laboratory, gaining first-hand exposure to India’s state-of-the-art EV and electro-mobility testing facilities.

     

    About the Trade and Technology Council set up by India and the EU

    The India-EU Trade and Technology Council (TTC) was first announced by the European Commission President, Ursula von der Leyen, and India’s Prime Minister, Narendra Modi, in April 2022. Established on February 6, 2023, this strategic coordination mechanism allows both sides to tackle challenges at the nexus of trade, trusted technology, and security, and deepens cooperation in these fields. Establishing India-EU TTC is a key step towards a strengthened strategic partnership for the benefit of all people in India and the EU.

    The TTC is a key forum to deepen the strategic partnership on trade and technology between the two partners. Geostrategic challenges have reinforced the EU and India’s common interest in ensuring security, prosperity, and sustainable development based on shared values.

    The TTC consists of three Working Groups:

    1. Working Group 1 on Strategic Technologies, Digital Governance and Digital Connectivity
    2. Working Group 2 on Green and Clean Energy Technologies; and
    3. Working Group 3 on Trade, Investment and Resilient Value Chains.

    Working Groups are now jointly working to advance identified objectives and key actions. The India-EU TTC Working Group 2 on Green and Clean Energy Technologies is being led by the Office of the Principal Scientific Adviser to the Government of India from the Indian side and the Directorate-General for Research and Innovation of the European Commission from the EU side.

    Both sides expect to report at the next TTC Meeting at Ministerial level, in 2025, on the progress made in this area through initiatives such as this workshop on Standardisation Strategy and trustable testing possibilities in EV mobility.  

     

    *******

    MJPS/ST

    (Release ID: 2105904) Visitor Counter : 43

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: Auction for Sale (re-issue) of (i) ‘6.79% GS 2031’ (ii) ‘6.92% GS 2039’ and (iii) ‘7.09% GS 2054’

    Source: Government of India (2)

    Posted On: 24 FEB 2025 8:08PM by PIB Delhi

    The Government of India (GoI) has announced the sale (re-issue) of (i) “6.79% Government Security 2031” for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method, (ii) “6.92% Government Security 2039” for a notified amount of ₹12,000 crore (nominal) through price based auction using multiple price method and (iii) “7.09% Government Security 2054” for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on February 28, 2025 (Friday). 

    Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.

    Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on February 28, 2025. The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. 

    The result of the auctions will be announced on February 28, 2025 (Friday) and payment by successful bidders will be on March 03, 2025 (Monday).    

    The Securities will be eligible for “When Issued” trading in accordance with the guidelines on ‘When Issued transactions in Central Government Securities’ issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated July 24, 2018 as amended from time to time.

    ****

    NB/KMN

    (Release ID: 2105901) Visitor Counter : 18

    Read this release in: Hindi

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: Union Minister Dr. Mansukh Mandaviya Inaugurates the First-ever Regional Dialogue on Social Justice

    Source: Government of India (2)

    Union Minister Dr. Mansukh Mandaviya Inaugurates the First-ever Regional Dialogue on Social Justice

    74th Foundation Day of the Employees’ State Insurance Corporation (ESIC) Celebrated

    Director General, ILO, Gilbert F. Houngbo Praises India’s Efforts in Doubling Social Protection Coverage to 49%

    Posted On: 24 FEB 2025 8:05PM by PIB Delhi

    Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya inaugurated the first-ever two-day Regional Dialogue on Social Justice under the Global Coalition for Social Justice in New Delhi today. Director General, International Labour Organization (ILO), Mr. Gilbert F. Houngbo, graced the event with his presence. Union Minister of State for Labour & Employment, Ms. Shobha Karandlaje, Secretary (Labour & Employment), Ms. Sumita Dawra, along with other dignitaries were also present at this prestigious international dialogue.

    Commemorating the 74th Foundation Day of the Employees’ State Insurance Corporation (ESIC), an award ceremony to felicitate achievements across its organisations was also held.

    Launched in 2023, the Global Coalition for Social Justice calls for a collaborative approach and commitment towards promoting decent work, social protection, responsible business conduct and fair work. The Global Coalition has around 340 members of the Global Coalition including Governments, academia, private sector, financial institutions, etc.

    Addressing the gathering, Dr. Mansukh Mandaviya, emphasized India’s role as a proud member of the Asia Pacific Coordinating Group, leading the first Regional Dialogue. He expressed joy in championing the key Coalition intervention, stating, “India is privileged to spearhead the initiative on Responsible Business Practices for Sustainable and Inclusive Societies.” Union Minister commended the BMS and the CII-EFI’s shared commitment to ethical and sustainable business practices, respect for workers’ rights, and inclusive economic growth. “Under the dynamic leadership of Prime Minister Narendra Modi, India has undertaken significant steps towards economic transformation. The next five years present a unique opportunity to realize our vision of ‘Sabka Vikas’—balanced growth for all regions and communities,” he asserted.

    During the occasion, Dr. Mandaviya launched the e-Shram mobile app, a key step in strengthening social benefits delivery by offering real-time access to government welfare schemes, intelligent benefit filtering, curated job listings aligned with users’ skills and location, and multilingual support.

    Mr. Gilbert F. Houngbo, Director-General of the ILO, congratulated the Government of India for the efforts in doubling India’s social protection from 24.4% to 48.8% as reported in the World Social Protection Report (WSPR) 2024. Recognizing India’s important role in ILO’s leadership, DG ILO remarked that India’s efforts in business growth along with social protection serves as a good example to inspire change and improve social protection systems across the world. He mentioned that this remarkable achievement is an outcome of the decisive actions taken by the Central Government in expanding social protection in the past few years.

    Union Minister of State for Labour & Employment, Smt. Shobha Karandlaje, emphasized that social justice cannot be achieved through a one-size-fit-all approach. She underscored that social justice is embedded in India’s constitutional commitments. Reiterating India’s remarkable progress reported in the WSPR, she highlighted that India’s efforts in improving social protection, drove a 5% increase in the global social protection coverage. Congratulating ESIC on its 74th Foundation Day, she acknowledged its role in strengthening social security and announced the government’s plans to extend coverage to unorganized, agricultural, construction, gig, and platform workers.

    Addressing the gathering, Secretary MoLE, Smt. Sumita Dawra, praised the ILO’s Global Coalition for Social Justice for strengthening global cooperation. Highlighting India as the fastest-growing major economy with a vision of Viksit Bharat by 2047, she emphasized the country’s foundation on social justice principles, strong demographic dividend with 65% of the population under the age of 35, and a commitment to employment generation, equity, and welfare. She reiterated India’s goal of achieving 70% females engaged in economic activity by 2047, and applauded industry leaders for adopting responsible business practices, including youth skill development, education, and women’s workforce participation.

    During the occasion, India’s largest workers association, the Bharatiya Mazdoor Sangh (BMS) joined the Global Coalition for Social Justice. Through a Joint Statement on Responsible Business Conduct presented by the Bharatiya Mazdoor Sangh (BMS) and the Confederation of Indian Industry-Employers’ Federation of India (CII-EFI), these organisations showcased their commitment towards this agenda.

    Additionally, several key publications were unveiled, including Best Practices on Responsible Business Conduct in India, Position Paper on Transforming India’s Social Protection Landscape through Data Pooling, Compendium of Social Protection in India, Social Security for Informal Workers: Reflections & Learnings from ISSA-ESIC International Seminar, 2025, and Shram Samarth: A Journey to Excellence.

    An exhibition on the sidelines of the event showcased the innovative use of technology in labour welfare, social security, medical care, personnel management, industrial safety, and more. Participants demonstrated how technology is driving positive change in the ecosystem, enhancing services and outreach for workers.

    A series of insightful technical sessions brought together global experts, policymakers, and industry leaders to advance discussions on youth empowerment, social justice, and inclusion. These sessions explored strategies to bridge the education-to-employment gap, expand social protection for informal workers, and promote gender equality in the workforce. Key stakeholders from India, the Philippines, Namibia, Germany, Australia, Brazil, and international organizations such as the ILO and UN Women shared best practices, including digital skilling platforms, social security frameworks, and gender-responsive workplace policies. Emphasizing collaboration and innovation, the discussions reinforced the importance of public-private partnerships in fostering inclusive economic growth and ensuring equitable opportunities for all.

    Today’s event showcases the progress India has made on the global centre stage. India’s social justice growth journey including 3.2% unemployment rate, modernized labour codes, 48.8% social protection coverage, partnering with ILO on determining living wages, building responsible business conduct, showcasing success business case studies, leading the regional agenda in Asia Pacific, is an epitome of India’s confidence and critical positioning.

    Taking a collaborative approach to further strengthening India’s social protection coverage, making significant strides in developing the G20 international referencing classification of occupations, and advancing the decent work country programme with focus on living wages, AI and Future of Work and Global Value Chains, the two-day summit will prove to be a pathbreaking initiative and a global movement for strengthened cooperation.

    *****

    Himanshu Pathak

    (Release ID: 2105900) Visitor Counter : 28

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: “Indian Railways is marching towards achieving the objective of Net Zero” -Shri Ashwini Vaishnaw

    Source: Government of India

    “Indian Railways is marching towards achieving the objective of Net Zero” -Shri Ashwini Vaishnaw

    Power purchasing agreement of 170 MW signed between Indian Railways and Madhya Pradesh Government, marking the procurement of cheapest renewable energy in India

    Railways Minister Urges states to share solar & wind energy to Indian Railways

    Till date, Indian Railway has tied up 4,260 MW (installed) of Solar and 3,427 MW (installed) of wind energy for its energy requirements

    Commitment to achieve 100% electrification in Railways and maximize renewable energy usage

    Posted On: 24 FEB 2025 7:40PM by PIB Delhi

    Addressing investors and entrepreneurs at the Global Investors Summit 2025 in Bhopal, Union Minister for Railways, Information & Broadcasting, and Electronics & IT, Shri Ashwini Vaishnaw outlined Indian Railways’ vision for electrification and the adoption of alternative energy sources.

    Shri Mohan Yadav, Chief Minister of Madhya Pradesh, and Shri Rakesh Shukla, Minister of New and Renewable Energy, Government of Madhya Pradesh were also present in the event.

    Participating via video conferencing from Rail Bhawan, the Union Railway Minister emphasized the Indian government’s goal to achieve ‘Net Zero’ carbon emissions for Indian Railways, with 100% electrification slated for completion in the 2025-26 financial year. The next objective is to maximize renewable energy procurement.

    With this vision, Indian Railways has already tied up 1,500 MW of renewable energy. Further strengthening this commitment, a significant 170 MW Power Purchase Agreement (PPA) was signed today with the Madhya Pradesh government. This milestone marks the procurement of India’s cheapest solar power at Rs 2.15/kWh and the Minister reaffirmed enthusiasm for exploring wind and nuclear energy procurement. The Government of Madhya Pradesh, through Rewa Ultra Mega Solar Power Limited (RUMSL), is supplying solar power to Indian Railways from its largest solar park.

    Shri Ashwini Vaishnaw commended Madhya Pradesh Chief Minister Shri Mohan Yadav for his active role in advancing railway development in the state. He reiterated the Indian government’s strong commitment to a sustainable and green future for the country’s transportation network.

    Today’s PPA was signed between key stakeholders, including West Central Railway (WCR), represented by Dy. CEE/HQ Shri Chetan Gulwani; RUMSL, represented by Executive Engineer Shri Avneesh Shukla; and Waree Forever Energies Pvt Ltd, the solar power developer.

    The Minister also added that Indian Railways is committed to achieving net-zero emissions and shifting from road to rail transport to promote environmental sustainability, reduce oil imports, and lower overall logistics costs. As part of this vision, it is meeting its energy requirements through non-fossil sources such as solar, wind, and nuclear power. The collaboration with RUMSL is a significant step in this direction.

    In addition to setting up its own solar systems, Indian Railways is also securing solar power through PPA arrangements with developers. By 2030, Indian Railways’ traction power requirement is projected to reach 10,000 MW. So far, it has secured 4,260 MW of installed solar capacity and 3,427 MW of installed wind capacity to meet its energy needs, the Minister said.

    Call for Nationwide Collaboration in Renewable Energy

    Shri Ashwini Vaishnaw urged all Indian states to contribute renewable energy—be it solar, wind, hydro, or nuclear power—to Indian Railways, emphasizing a collaborative approach to sustainable energy. He praised the successful partnership model between the Railway Ministry and the Government of Madhya Pradesh, which facilitates direct PPA agreements between the state’s energy generators and Indian Railways.

    Historic Budget Allocation for Madhya Pradesh Rail Infrastructure

    Highlighting the record-breaking budget of ₹14,745 crore allocated to Madhya Pradesh’s railway sector for FY 2025-26, the Minister stated that this is the highest-ever budgetary allocation for the state. Infrastructure development has accelerated significantly, with railway track laying increasing from 29 km per year before 2014 to 230 km per year today—a 7.5x increase.

    Overview of RUMSL

    Parameter

    Details

    Capacity

    1500 MW

    Solar Parks Location

    Agar, Shajapur, and Neemuch districts in Northwest Madhya Pradesh

    Quantum to Railway

    195 MW equivalent (Total installed 400 MW) (Annual Solar Power Supply is 757 Million Units)

    Tariff

    Rs 2.15 /kWh for Neemuch unit (lowest in the country)

    CUF (Capacity Utilization Factor)

    44.3% under Optimum Scheduling

    Joint Venture Partners

    Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL)

    PPA Duration

    25 years

    Nodal Railway

    WCR (Power supplied via grid to Indian Railways in six states)

    Target Completion Date

    December 2025

     

    Tied up solar Installed capacity with Indian Railways:

    Project

    Installed Capacity (in MW)

    Rooftop of stations and Rly service building

    203

    Bhilai

    50

    MCF

    3.13

    Diwana

    2

    Bina

    1.7

    RUMS (Rewa)

    400

    BSUL (Bundelkhand)

    800

    IRCON (Pavagarh, Karnataka)

    500

    RERTC (SECI) (Rajasthan)

    100

    900 MW RERTC (Bikaner NTPC, Jaisalmer 450 MW, Fatehgarh 200 MW)

    1300

    600 MW RERTC (NTPC, Bikaner, TEQ Green Barmer)

    901

    Total

    4260.83

     

    About the Rewa Ultra Mega Solar Power Limited (RUMSL)

    RUMSL, designated as a Solar Power Park Developer (SPPD) by the Ministry of New and Renewable Energy (MNRE), was entrusted with developing large-scale solar parks in Madhya Pradesh under the Ultra Mega Renewable Energy Power Projects (UMREPP) scheme of the Government of India. To ensure efficiency and expertise in executing and operating such large-scale projects, RUMSL adopted the DBFOO (Design, Build, Finance, Own, and Operate) model. The initiative significantly contributed to India’s renewable energy sector, increasing the country’s solar power generation capacity by 2.50%. Notably, it achieved the lowest-ever tariff awarded for a solar public-private partnership (PPP) in India, at INR 2.97 per kWh, without any viability gap funding from the government. Recognized for its innovation and impact, the project was included in the Prime Minister’s “Book of Innovation” and was honored with the prestigious “President Award” from the World Bank.

    ****

    Dharmendra Tewari/Shatrunjay Kumar

    (Release ID: 2105892) Visitor Counter : 56

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: Shri Piyush Goyal calls for bolstering supply chains and providing high-quality electronic products globally at competitive prices

    Source: Government of India (2)

    Shri Piyush Goyal calls for bolstering supply chains and providing high-quality electronic products globally at competitive prices

    Shri Goyal urges electronics industry to shun protectionism, prioritise consumer interests

    India should become one stop shop for electrical goods, aspire to reach the international trade export target of USD 100 billion in seven years: Shri Goyal

    Posted On: 24 FEB 2025 7:14PM by PIB Delhi

    India’s electronic goods industry must work together towards more resilient supply chains, upgrade quality standards and provide high quality goods and services to the world at competitive rates. This was stated by Union Minister of Commerce & Industry, Shri Piyush Goyal during his address as a Chief Guest at the 16th Edition of ‘ELECRAMA’ organised by the Indian Electrical And Electronics Manufacturer’s Association (IEEMA) today in New Delhi.  The Minister urged the participants to work together to bring competitive advantages in manufacturing.

    The Minister highlighted that the industry has a responsibility to care for consumers by ensuring that the consumers are provided better deals. He urged the industry leaders and participants in attendance to shun protectionism and focus on balancing the interests of the industry, particularly the MSME sector. Protectionism beyond a point starts hurting the consumer. Balancing the interests of the MSME sector along with the customers should be the industry’s biggest priority, he said.

    Minister Goyal noted that the export volume of electronic goods ranks second in the country in 2025, compared to 167th ranked sector in 2015. In January, 2025 export volume of electronic goods was USD 3 billion alone, he said. He said that India should become the one stop shop for electrical goods and urged the industry to aspire to reach the international trade export target of USD 100 billion in the next seven years.

    The Minister pointed out that the electronics goods industry has doubled its transmission infrastructure, renewable energy capacity and installed capacity in the last decade. He further stated that the Government has helped set up 1,800 Global Capability Centres (GCCs) in the country. He stated that the Government aims to develop a future ready workforce and promote innovation leveraging the high number of STEM graduates produced in the country.

    Speaking on the theme of the special plenary ‘Bharat – The Vishwa Mitra’, Shri Goyal said that India takes pride in looking at the nation as one family that wishes to work with all countries of the world in a fair, equitable and balanced partnership with each other. India wishes to engage with the developed world from a position of strength offering them goods and services of high quality at affordable prices.  

    The Minister asserted that the Government’s various initiatives like ‘Digital India’, ‘Make in India’, ‘Design in India’ and ‘Serve from India’ along with its efforts to make customers buy local products and enable businesses to go global will help the country’s growth. “Government’s commitments to transform the economy, skill and train the workforce for high quality manufacturing and provision of services, policy certainty and speed and scale of development has led to this milestone, ” he stated.

    ***

    Abhishek Dayal/Abhijith Narayanan/Asmitabha Manna

    (Release ID: 2105880) Visitor Counter : 43

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: SECI signs MoU with Government of MP for 200 MW Solar Project at Dhar

    Source: Government of India (2)

    Posted On: 24 FEB 2025 7:14PM by PIB Delhi

     

    Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for setting up 200 MW Solar Project in Dhar under the CPSU Scheme and a 1000 MWh Battery Storage Project in the state. The MoU was signed at the two-day Global Investors Summit 2025 ongoing at Bhopal from 24th to 25th February 2025.

    The Global Investors Summit 2025, organised by the Government of Madhya Pradesh was inaugurated by Hon’ble Prime Minister of India in the presence of  Hon’ble Governor of Madhya Pradesh Shri Mangubhai Chhaganbhai Patel  and Hon’ble Chief Minister of Madhya Pradesh Shri Mohan Yadav.

    The MoU was signed by Shri Sivakumar V Vepakomma, Director (Power Systems) SECI and Shri. Manu Srivastava, IAS, Additional Chief Secretary (NRE) in the presence of Hon’ble Minister of New & Renewable Energy of Madhya Pradesh Shri Rakesh Shukla and Shri. R P Gupta, IAS (Retd) Chairman and Managing Director, SECI.

    The 200 MW Solar Project is part of a 500 MW Agreement which was executed in 2023 with MP Power Management Company Limited (MPPMCL) for a period of 25 years under which SECI will supply the electricity to the state. SECI has proposed a phase-wise capital expenditure of Rs 2500 Cr for expansion and development of Renewable Energy in the state of Madhya Pradesh.

    The summit was attended by various stakeholders of the Government of India and representatives of various countries and states.

    *********

    Navin Sreejith 

    (Release ID: 2105881) Visitor Counter : 35

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: 22nd EGM: IREDA Shareholders Approve up to ₹5,000 Crore Fundraising via QIP

    Source: Government of India (2)

    Posted On: 24 FEB 2025 7:11PM by PIB Delhi

    Shareholders of Indian Renewable Energy Development Agency Ltd. (IREDA) have approved the company’s proposal to raise up to ₹5,000 crore through Qualified Institutions Placement (QIP) of equity shares, in one or multiple tranches. The approval was granted by the shareholders in favour of the resolution via remote e-voting during the 22nd Extra-Ordinary General Meeting (EGM) held today through video conferencing. The meeting was chaired by Shri Pradip Kumar Das, Chairman and Managing Director, IREDA and attended by Directors on the Board and shareholders.

    IREDA’s Board had earlier approved the fundraising plan on January 23, 2025, which includes the dilution of the Government of India’s shareholding in the company by up to 7% post-issue equity, in one or multiple tranches.

    Addressing the shareholders, Shri Pradip Kumar Das, CMD, highlighted IREDA’s strong financial performance in the first nine months of FY 2024-25, with a loan book of ₹68,960 crore, loan sanctions of ₹31,087 crore, and disbursements of ₹17,236 crore. “The funds raised through QIP will strengthen our green financing capabilities, accelerate loan book growth, and support India’s clean energy targets,” he stated.

    Shri Das further informed shareholders that IREDA Global Green Energy Finance IFSC Limited, a wholly owned subsidiary of IREDA, recently received the Certificate of Registration from the International Financial Services Centre Authority (IFSCA), allowing it to commence business as a Finance Company at GIFT City, Gujarat. “This milestone strengthens IREDA’s commitment to lending and serving in foreign currency by reducing hedging risks,” he added.

    In addition to the fundraising approval, shareholders also consented to amendments in IREDA’s Articles of Association. These amendments include provisions for formation of joint ventures and subsidiaries in India and abroad, along with empowering the Board to exercise enhanced powers under ‘Navratna’ status, subject to government guidelines.

    *********

     

    Navin Sreejith 

    (Release ID: 2105878) Visitor Counter : 40

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI Asia-Pac: Mobilizing Finance is Key to Achieving 500 GW Renewable Energy by 2030: Union Minister Pralhad Joshi

    Source: Government of India

    Mobilizing Finance is Key to Achieving 500 GW Renewable Energy by 2030: Union Minister Pralhad Joshi

    Renewable Energy Financing Obligation is the need of the hour: Union Minister Joshi National Workshop on Mobilizing Finance for Renewable Energy Concludes in Mumbai

    Posted On: 24 FEB 2025 6:25PM by PIB Mumbai

    Mumbai : 24 February 2025

    Mobilising finance is key to achieving 500 GW Renewable Energy by 2030, said Union Minister for New & Renewable Energy Shri Pralhad Joshi. He was addressing the National Workshop on Mobilizing Finance for Renewable Energy organised by Union Ministry of New and Renewable Energy in Mumbai today. Union Minister Joshi also called for collective efforts from financial institutions and policymakers to ensure accessible funding to Renewable Energy (RE) sector. The Minister along with the Minister of State, (MNRE), Shri Shripad Naik also addressed a Press Conference held in conjunction with the Workshop.

    Highlights of the Workshop

    The Minister stated that the idea for the workshop emerged after a review meeting chaired by Prime Minister Narendra Modi, where discussions focused on accelerating flagship schemes like PM Surya Ghar and PM-KUSUM. Highlighting the scale of India’s energy needs, Shri Joshi said that as the country aims to become the third-largest economy, its energy demand is expected to double. He stressed that renewable energy must be scaled up to match thermal energy production, ensuring a reliable and resilient power supply.

    The Minister also spoke about India’s commitment to achieving Net Zero by 2070 and reaching 500 GW of non-fossil fuel-based capacity by 2030. He called upon financial institutions to align their lending policies with India’s renewable energy growth strategy and emphasized that carbon-intensive industries will face reduced export opportunities in the future. Shri Joshi noted that India has already made significant progress in renewable energy, with capacity increasing to 222 GW today. He pointed out that solar tariffs have drastically reduced, with a recent bid in Madhya Pradesh touching ₹2.15 per unit, compared to ₹11 per unit earlier. However, he stressed the importance of battery storage solutions to support large-scale renewable deployment.

    Speaking on the role of decentralization, the Minister highlighted that PM-KUSUM and PM Surya Ghar empower farmers to become “Urjadata” (energy providers), while also reducing transmission losses. He urged banks to simplify financing processes, particularly for rooftop solar projects, and called for the introduction of a Renewable Energy Financing Obligation to ensure dedicated funding for the sector, similar to Renewable Purchase Obligations (RPOs) for discoms.
    Shri Joshi underscored India’s leadership in green hydrogen (GH2), stating that the country has already received major export orders and is ahead of several developed nations in this field. He noted that global investors are increasingly looking at India as a preferred destination for manufacturing and clean energy investments, recognizing its young workforce and strong industrial capacity.

    The Minister also highlighted Prime Minister Modi’s directive to engage global financial institutions for renewable energy investments, citing India’s recent success in securing commitments worth ₹34.5 lakh crore during a global RE summit in Gandhinagar. He emphasized that the transition to renewable energy is not optional—it is a necessity.Concluding his address, Shri Pralhad Joshi called for a national movement in renewable energy financing, stating that PM Surya Ghar is not just a scheme but an Andolan (movement). He urged financial institutions to streamline lending processes, reduce unnecessary compliance burdens, and adopt a more supportive approach towards financing clean energy projects.

    Union Minister of State for Power and New & Renewable Energy Shri Shripad Y Naik said that achieving 500 GW of renewable energy by 2030 will require an investment of approximately ₹30 lakh crore, covering infrastructure, transmission, and storage systems. He urged the stakeholders to adopt innovative financing models, extend flexible lending terms, and prioritize green investments that will accelerate our energy transition.

    In her context setting speech, Secretary MNRE Smt. Nidhi Khare emphasized the critical role of affordable finance, green bonds, and innovative funding models in driving India’s renewable energy transition.

    The National Workshop on Mobilizing Finance for Renewable Energy featured four key sessions focused on addressing financing challenges in the renewable energy sector. The first session examined the financing landscape for utility-scale renewable energy (RE) projects, assessing challenges faced by developers, banks, and NBFCs in securing funding. Discussions covered interest rates, perceived risks, and potential solutions for financial institutions to support large-scale RE projects. The second session focused on financing new and emerging RE technologies, such as offshore wind, floating solar, and green hydrogen. Panelists, including experts from NABARD, and leading financial institutions, discussed capital allocation strategies, policy interventions, and mechanisms to reduce financial risks for private sector investments in these technologies.

    The third session addressed financing challenges for Distributed Renewable Energy (DRE) and innovative RE applications, including rooftop solar, canal-top PV, and Agri-PV. Experts explored financing constraints for startups, perceived investment risks, and policy support required to scale up these solutions. The final session focused on regulatory and capacity-building measures for banks and NBFCs, discussing RBI guidelines, sector-specific lending policies, and strategies to enhance financing in consumer-oriented RE applications. Stakeholders highlighted the need for better regulatory frameworks, risk-sharing mechanisms, and financial instruments to unlock capital for India’s renewable energy ambitions. The discussions reinforced the necessity of collaborative efforts among policymakers, financial institutions, and industry leaders to mobilize large-scale investments and achieve India’s target of 500 GW of non-fossil fuel energy by 2030.

    The discussions led to several key takeaways, including the need for lower-cost financing, improved access to global climate funds, and enhanced risk-sharing mechanisms for new technologies. Participants also stressed the importance of strengthening public-private partnerships and expanding green financial instruments to support India’s clean energy transition. The event concluded with a commitment from all stakeholders to work towards innovative financing models and policy frameworks that can unlock large-scale investments in the renewable energy sector.

    Senior officials from major public and private sector banks such as State Bank of India, Union Bank of India, HDFC Bank, ICICI Bank, Bank of India, Bank of Baroda, Canara Bank, UCO Bank, IDFC Bank, IDBI Bank, AU Small Finance Bank, Axis Bank, Punjab National Bank, Indian Overseas Bank, Indian Bank, Central Bank of India, Punjab & Sind Bank, Jammu & Kashmir Bank and Bank of Maharashtra also attended the event.

    The workshop marked a significant step toward ensuring that financial constraints do not hinder India’s renewable energy ambitions, reaffirming the government’s commitment to a clean, sustainable, and financially inclusive energy future. The workshop provided a platform for key stakeholders, including banks, NBFCs, policymakers, and industry leaders, to discuss strategies for mobilizing large-scale
     
    investments in renewable energy. Participants reiterated their commitment to supporting India’s clean energy transition, ensuring energy security, economic growth, and environmental sustainability. The event marked a significant step in bridging the financial gap for renewable energy projects, reinforcing India’s position as a global leader in the clean energy revolution.

    Dhanlaxmi/Preeti

    Follow us on social media: @PIBMumbai     /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com   /PIBMumbai     /pibmumbai

    (Release ID: 2105857) Visitor Counter : 19

    MIL OSI Asia Pacific News –

    February 25, 2025
  • MIL-OSI: Redwood Services Announces 17th Partnership with Indiana-Based Hope Plumbing

    Source: GlobeNewswire (MIL-OSI)

    MEMPHIS, Tenn., Feb. 24, 2025 (GLOBE NEWSWIRE) — Redwood Services (“Redwood”), an established home services firm focused on investing in leading HVAC, plumbing, and electrical services companies in growing U.S. markets, announced that it has partnered with Hope Plumbing. This partnership marks Redwood’s seventeenth platform investment, highlighting the company’s ongoing growth and commitment to expansion.

    Hope Plumbing, based in Indianapolis, has built a loyal customer base by providing quality service since 2007. The company has experienced remarkable growth in recent years, doubling revenue and achieving substantial bottom-line results. With an established and capable management team in place to sustain current operations and implement plans for further infrastructure development, Redwood is looking forward to supporting even further growth for the Indiana area.

    “Redwood and Hope Plumbing share many core values, such as delivering exceptional services to customers and cultivating a growth-driven culture,” said Richard Lewis, CEO of Redwood Services. “We are excited to be part of Hope Plumbing’s continued growth and to support this impressive management team.”

    “Hope Plumbing has experienced tremendous growth over the years, and we are ready to build on that momentum to ensure we reach our potential,” said Jack Hope, Co-President of Hope Plumbing. “Under the guidance of Redwood’s leadership and support, our partnership will help us continue to perfect our craft and exceed customer expectations.”

    Hope Plumbing is one of the most recognized home service brands in Indianapolis and has more than doubled in size since 2021. With over 5,000 Google reviews and an average rating of 4.9, the Hope team also has a history of delivering exceptional customer service.

    Owners Jack Hope and Brad Persic will retain a significant minority ownership stake as part of the investment. The Hope Plumbing team will continue to operate and manage the business under its banner and name, while Redwood will offer operational, strategic, and financial support to enhance the company’s growth.

    About Redwood Services
    Founded in 2020 and headquartered in Memphis, Redwood Services is a nationwide people-focused platform dedicated to empowering elite contractors in the essential home services industry. Redwood provides world-class resources, coaching, and strategic partnerships to 17 leading companies across the United States, enabling its partners to deliver exceptional HVAC, plumbing, and electrical services to residential customers. Redwood’s mission is to unleash the full potential of its partners, supporting them in providing high-quality service and building lasting relationships with customers. For more information, visit www.redwoodservices.com.

    From left to right: Raj Midha, David Katz, Adam Hanover, Richard Lewis, Jack Hope, Sue Reas, Brad Persic, Scott Brinkley, John Conway, Sandra Koblas, Shaun Hardick

    A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/21b6289b-ba25-4095-ae52-da2e4a11287e

    The MIL Network –

    February 25, 2025
  • MIL-OSI: SOLVE Tapped to Become Exclusive Pricing Transparency Provider for Entegra

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Feb. 24, 2025 (GLOBE NEWSWIRE) — SOLVE, the premier provider of price transparency data for fixed income securities markets, has been selected by Entegra—an innovator in Trading as a Service (TaaS)—to revolutionize how Securitized Products are traded. By integrating SOLVE’s best-in-class data with Entegra’s cutting-edge proprietary models, the partnership is set to bring unprecedented clarity and efficiency to market participants.

    Entegra, a revolutionary venture led by Daniel Ezra, former head of SP Trading at Credit Suisse, leverages decades of expertise and state-of-the-art analytics to reshape trading in Securitized Products. Entegra analysts will now be armed with data from SOLVE, enabling arrangers and underwriters to offer their banking clients a market-making service throughout the life cycle of their deals at no additional cost to the banking client. Entegra and SOLVE would work in tandem to seamlessly integrate into the arranger’s banking mandate offering.

    “We’re excited to provide our data to Entegra and arm their traders with the real-time pricing information they need to stay ahead of the Securitized Products market,” said SOLVE co-founder and CEO Eugene Grinberg. “From the day we started our business, our goal has been to empower market participants to make confident, data-driven decisions by enhancing price transparency for both buy and sell side participants and working with Entegra allows us to continue serving that mission.”

    Entegra’s traders will have direct access to SOLVE’s flagship SOLVE Quotes™, a platform that leverages Natural Language Processing and Machine Learning to deliver over 20 million daily quotes across more than 1,250,000 securities. This integration ensures that Entegra’s sophisticated models are supported by the most accurate and timely data available, empowering traders with deep insights into individual securities and broader market trends.

    “At Entegra, technology meets human expertise. Our TaaS platform is built on the belief that the best trading decisions emerge from the synergy of advanced data analytics and experienced traders,” said Daniel Ezra, Entegra CEO. “With SOLVE’s unparalleled data quality, our systems and teams are better equipped to help our clients make credible and actionable markets as well as execute the right trades. When banks start competing on service, not price, everyone wins.”

    For more information about SOLVE, please visit solvefixedincome.com. To learn more about Entegra, please visit entegra-global.com.

    About SOLVE
    SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows.  With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in New York, with offices across the globe, SOLVE is the definitive source for market pricing in fixed-income markets. For more information, visit https://solvefixedincome.com.

    CONTACT
    Jake Katz
    OUTVOX
    jkatz@outvox.com

    The MIL Network –

    February 25, 2025
  • MIL-Evening Report: Do you speak other languages at home? This will not hold your child back at school

    Source: The Conversation (Au and NZ) – By Valeria Maria Rigobon, Lecturer in Literacy, Australian Catholic University

    Serwin365/Unsplash, CC BY

    It is common for Australian children to grow up with languages other than English in their family lives.

    More than one-fifth of Australians report speaking a language other than English at home.

    But when it comes time to start school, it’s common for parents to worry about raising a child to be bilingual or multilingual.

    They may wonder, am I harming my child’s English development if I speak another language at home?

    The short answer is no. Research shows speaking more than one language doesn’t hinder a child’s academic progress – in fact, it can even help.

    What does the research say?

    Up until the 1980s, some studies incorrectly suggested early exposure to more than one language could harm a child’s academic achievement. But these findings have since been widely criticised because many of the children in the studies came from economically disadvantaged backgrounds (and so were already disadvantaged in terms of their schooling).

    More recent Australian research has found when socioeconomic status is accounted for, multilingual children are “indistinguishable from their monolingual peers” in literacy and numeracy by the time they are eleven years old. This is provided they have adequate English vocabulary skills by the time they finish Year 2.

    Some studies show multilingual students even surpass monolingual children in different academic areas. This includes English reading, writing, spelling, grammar and punctuation as well as numeracy. Research suggests multilingual students’ enhanced mental flexibility from switching between languages may explain their higher academic performance later in school, but this is not yet confirmed.

    Recent Australian studies show bilingual and multilingual children keep up with their peers at school.
    PNW Promotion/ Pexels, CC BY

    Do you need to learn one language before starting the other?

    Research shows children can learn multiple languages at the same time, starting from infancy.

    This means you don’t have to wait for a child to become fluent in one before you start learning another.

    Similarly, a child does not have to be a highly skilled English speaker to start to learn to read in English. They can develop their spoken and written/reading language skills at the same time.

    It is also important to look at children’s skills across all the languages they know.

    Research on children aged up to 30 months found multilingual children often had smaller vocabularies in English than their monolingual peers. But they had a healthy range when assessed on words they knew in all languages.

    A common misconception is multilingual children may “confuse” words between languages, but this is not the case. They actually learn quite quickly whom they can communicate with in each language, and switch between languages without much effort.

    For example, Valeria’s niece Aurora is four and is already fluent in Hungarian, Spanish and Ukrainian. There are videos of Aurora speaking Spanish with her Venezuelan father and grandmother, turning to respond to her grandfather in Hungarian, and switching to Ukrainian to speak with her mother, all in one conversation.

    Regular calls or visits with family members who speak the home language will help your child develop their languages skills.
    Tima Miroshnichenko/ Unsplash, CC BY

    How can I help my child learn multiple languages?

    Research shows it is important a child receives lots of exposure to each language through meaningful interactions with people who speak those languages.

    There is no clear definition of the amount needed, but it should be regular – for example, everyday talk with parents or visits or phone calls with grandparents who share the home language.

    Also, if you’re worried your child isn’t getting enough English exposure outside school, do not abandon your home language. Instead, create other English opportunities, such as in playgroups, daycare, sports teams or other out-of-school activities.

    Ultimately, the best thing parents can do to support their children’s multilingual learning is build a community filled with native speakers of English and the home language(s).

    Staying consistently connected to this community of people who value each language, especially after children start school, will also support a child’s motivation to keep growing in each language.

    Rauno Parrila receives funding from Australian Research Council and Social Science and Humanities Research Council of Canada.

    Valeria Maria Rigobon 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. Do you speak other languages at home? This will not hold your child back at school – https://theconversation.com/do-you-speak-other-languages-at-home-this-will-not-hold-your-child-back-at-school-250405

    MIL OSI Analysis – EveningReport.nz –

    February 25, 2025
  • MIL-OSI USA: Boozman, Scott, Hill Work to Roll Back Biden-Era CFPB Overdraft Rule

    US Senate News:

    Source: United States Senator for Arkansas – John Boozman

    WASHINGTON––U.S. Senator John Boozman (R-AR), Senate Banking Committee Chairman Tim Scott (R-SC) and House Financial Services Committee Chairman French Hill (R-AR-04) introduced a Congressional Review Act (CRA) resolution to overturn the Biden administration’s Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees at banks and credit unions, citing the rule’s damaging impact on access to important financial services. 

    “The CFPB’s overreach is well established and only intensified during the Biden administration. Instead of bringing more consumers into the banking system, this overdraft rule will push them away to unregulated lenders and I’m pleased to join my colleagues to block it,” said Boozman.

    “The Biden administration’s CFPB routinely targeted legitimate payment incentives and practices in pursuit of political headlines over sound policies. The overdraft rule was yet another example – many consumers rely on overdraft services to make ends meet and limiting this practice will push Americans to riskier financial products. I’m proud to lead the effort to overturn this misguided rule and protect Americans’ access to important financial services,” said Scott.

    “As I have consistently said, the CFPB needs guardrails on its enforcement and rulemaking powers, and this rule is another clear example of why. The CFPB’s actions on overdraft is another form of government price controls that hurt consumers who deserve financial protections and greater choice. Our CRA will help overturn this harmful rule and is a next step toward ensuring the CFPB halts all ongoing rules until it answers to Congress, just like any other non-independent federal agency,” said Hill. 

    The resolution is also supported by Senators Mike Crapo (R-ID), Roger Wicker (R-MS), Jim Risch (R-ID), Jerry Moran (R-KS), Thom Tillis (R-NC), Kevin Cramer (R-ND), Cynthia Lummis (R-WY), Bill Hagerty (R-TN), Katie Britt (R-AL) and Pete Ricketts (R-NE).

     The CRA has the support of key stakeholders including the Consumer Bankers Association, the Independent Community Bankers of America, the American Bankers Association and America’s Credit Unions.

    A CRA resolution is a tool used by Congress to eliminate onerous regulations imposed by the executive branch through an expedited procedure for consideration in the Senate. A joint resolution of disapproval under the CRA is afforded special privileges that bypass normal Senate rules and allow for a vote on the Senate floor. When a CRA resolution is approved by a simple majority in both chambers of Congress and signed by the president – or if Congress successfully overrides a presidential veto – the rule is invalidated.    

    Click here for full text of the resolution

    MIL OSI USA News –

    February 25, 2025
  • MIL-OSI United Kingdom: Construction underway at new Nairn Academy  

    Source: Scotland – Highland Council

    Construction work is taking place on the new Nairn Academy which is programmed to be operational in August 2026.  

    The school has a planning capacity of 800 pupils and is part of the Scottish Government’s Learning Estate Investment Programme (LEIP).  

    Chair of the Education Committee, Cllr John Finlayson said: “This is an exciting development for the area and for members of the community who I am sure are eagerly awaiting its completion. 

    “The Highland Council is committed to improving the Education estate across Highland. Nairn Academy is a pilot project for us and is one of the first low energy complete ‘Passivhaus’ schools to be constructed in Highland.  

    “Improving our school estate is a challenge, but it is one we are committed to addressing with the support of our partners to offer more quality learning environments for school communities. We look forward in anticipation to a fantastic new school building for the pupils of Nairnshire.” 

    Housing & Property Committee Chair, Cllr Glynis Campbell Sinclair said: “A great amount of work has taken place already in the preparation of the new school build, and we are beginning to see results of those great efforts from those involved in the project. The community will now be able to see the new school take shape as the steelwork goes up on site. This is really exciting, and we wish the construction team the very best with the build phase and look forward to progress updates.” 

    The campus will become Balfour Beatty’s second Passivhaus certified school building in Scotland – a quality assurance certification for the design and construction of low energy buildings and is due to be complete by August 2026.  

    Hector MacAulay MBE, Managing Director of Balfour Beatty’s regional business in Scotland said: “We are delighted to have been appointed to deliver this latest new project, further enhancing our legacy in delivering state-of-the-art, sustainable educational facilities across Scotland. 

    “With works now underway, we are working closely and collaboratively with The Highland Council to successfully deliver this new school which will provide an exciting and inspirational learning environment for hundreds of students and teachers, serving both current and future generations.” 

    The £61m contract awarded to Balfour Beatty is funded from Phase 2 of the Scottish Government’s LEIP announced in December 2020, and capital funding for the project was approved by The Highland Council in September 2023. 

    MIL OSI United Kingdom –

    February 25, 2025
  • MIL-OSI: Alectra Inc. employees surpass fundraising goal, raising more than $27,000 for Coldest Night of the Year

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, Feb. 24, 2025 (GLOBE NEWSWIRE) — Alectra employees once again stepped up to support their communities, raising $27,278 for Coldest Night of the Year (CNOY), a national initiative aimed at helping people experiencing homelessness, hunger and hardship.

    More than 100 Alectra employees braved the winter temperatures, joining thousands of Canadians in walking to raise funds for local organizations that provide vital services to those in need. This year, Alectra employees joined 10 teams across Alectra’s service territory including St. Catharines, Brampton, Guelph, Hamilton, Markham, Mississauga, Richmond Hill and Vaughan.

    “Alectra employees continue to embody the spirit of community and their dedication to supporting Coldest Night of the Year annually is commendable,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “By coming together to walk and raise funds, through our AlectraCARES Community Support Program, we are increasing awareness for individuals facing homelessness by supporting grassroots organizations in our communities.”

    Since 2018, Alectra has been supporting the Coldest Night of the Year and has donated over $55,000 through employee participation. To learn more about Alectra’s community support, visit: alectra.com/about-community-support.

    About Alectra Inc. Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Twitter: https://twitter.com/alectranews
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    Media Contact:

    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/55268d96-eb69-45b8-87c9-a0c916174907

    The MIL Network –

    February 25, 2025
  • MIL-OSI: CPS to Host Conference Call on Fourth Quarter 2024 Earnings

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Nevada, Feb. 24, 2025 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Wednesday, February 26, 2025 at 1:00 p.m. ET to discuss its fourth quarter 2024 operating results.

    Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BI34e818cf84a24e118241657af74dd2d4. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedule start time. A replay will be available beginning two hours after conclusion of the call for 12 months via the Company’s website at https://ir.consumerportfolio.com/investor-relations.

    About Consumer Portfolio Services, Inc.

    Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.

    Investor Relations Contact

    Danny Bharwani, Chief Financial Officer

    949-753-6811

    The MIL Network –

    February 25, 2025
  • MIL-OSI USA: Attorney General James Secures $16.75 Million from DoorDash for Cheating Delivery Workers Out of Tips

    Source: US State of New York

    NEW YORK – New York Attorney General Letitia James today announced a $16.75 million settlement with delivery platform DoorDash for misleading both consumers and delivery workers (known as “Dashers”) by using tips intended for Dashers to subsidize their guaranteed pay. Between May 2017 and September 2019, DoorDash used a guaranteed pay model that let Dashers see how much they would be paid before accepting a delivery. An Office of the Attorney General (OAG) investigation found that under this model, DoorDash used customer tips to offset the base pay it had already guaranteed to workers, instead of giving workers the full tips they rightfully earned. DoorDash will pay $16.75 million in restitution for Dashers and up to $1 million in settlement administrator costs to help issue the payments.

    “Delivery workers are integral to our communities, working tirelessly to bring food and other essentials directly to our doorsteps in all conditions,” said Attorney General James. “DoorDash misled customers who generously tipped and deceived Dashers who deserved to be paid in full. This settlement returns millions to the pockets of hardworking Dashers and ensures transparency in DoorDash’s payment practices going forward. My office will continue to protect New York workers from deceptive business practices and ensure they receive all of the money they’ve earned.”

    The OAG investigation found that under DoorDash’s deceptive pay model, workers were only able to see their tips if they were greater than the amount DoorDash had already guaranteed to pay them for the order. DoorDash would always pay a minimum of $1 to the Dasher and would use the tips paid by the customer to offset the rest of the amount guaranteed to the delivery worker. 

    For example, for orders with a guaranteed amount of $10:

    • If a customer tipped $0, DoorDash would pay $10 ($1 + $9 remainder). The Dasher received $10.
    • If a customer tipped $3, DoorDash would pay $7 ($1 + $6 remainder). The Dasher still only received $10.
    • If a customer tipped $6, DoorDash would pay $4 ($1 + $3 remainder). The Dasher still only received $10.
    • If a customer tipped $9, DoorDash would pay $1 ($1 + $0 remainder). The Dasher still only received $10.
    • If the customer tipped $11, DoorDash would pay $1 ($1 + $0 remainder).The Dasher only received $12.

    Customers were misled into believing their tips would directly benefit Dashers. Instead, DoorDash would keep the tips meant for Dashers and take it out of their guaranteed pay. DoorDash would guarantee pay to a delivery worker, and then only actually pay them whatever the tip did not cover.

    DoorDash also failed to clearly disclose these practices to customers and Dashers. At checkout, customers were encouraged to tip with a message reading “Dashers will always receive 100 percent of the tip.” Disclosures about the use of tips were buried in online documents and inaccessible during critical moments in the ordering process. Customers had no way of knowing that DoorDash was using tips to reduce its own costs.

    Attorney General James has secured $16.75 million in restitution from DoorDash, which a settlement administrator engaged by OAG will distribute directly to Dashers affected by the deceptive pay model, providing them the compensation they were denied. Any worker who delivered for DoorDash between May 2017 and September 2019 in New York state may be eligible to file a claim for this settlement. During that period, New Yorkers placed more than 11 million delivery orders with DoorDash and approximately 63,000 New York delivery workers stand to benefit from this settlement. Payments are expected to begin in early 2025. Eligible drivers will be contacted by the settlement administrator via mail, email, and/or text with notices of the settlement and information on how to file a claim.

    In addition to the restitution fund, DoorDash must:

    • Revise Payment Practices: DoorDash is required to maintain a pay model that ensures consumer tips are paid to Dashers in their entirety, without impacting DoorDash’s contribution to guaranteed pay.
    • Enhance Transparency: The company must clearly disclose pay policy details to both Dashers and consumers, and share a breakdown of base pay, promotional bonuses, and tips with Dashers for every delivery.
    • Improve Dash History Access: Dashers, including those deactivated, will have access to their delivery history for at least four years.

    “This settlement shows the scale at which DoorDash steals from its workers and the scale at which it lies,” said Ligia Guallpa, Executive Director of Worker’s Justice Project and Co-founder of Los Deliveristas Unidos. “And when you steal and lie at this scale, it’s systemic, it’s baked into your business model. And a business model that requires you to steal from workers and customers is a failure. Today, New York City sees what we’re up against and how much more work there is to do to fight back against the predatory labor practices that this industry is built on. But this also shows the collective power of workers and what we can accomplish when we’re united in solidarity with each other and with allies who are willing to hold exploiters accountable. Thank you Attorney General James for being a true friend to workers. And shame on you, DoorDash! While they lie and steal at scale, we are organizing at scale and building collective worker power. We are grateful to have the New York State Attorney General in this fight as we expand our efforts to hold these app companies accountable. We won’t stop fighting to ensure the dignity and respect these workers deserve.”

    “Today, delivery workers in New York City can celebrate another victory in our fight for justice,” said Gustavo Ajche, Co-Founder of Los Deliveristas Unidos. “Since 2020, in the midst of the pandemic, when delivery workers began risking their lives to provide what New Yorkers needed, we also began organizing against the unjust working conditions imposed on us by delivery apps. Every right we have today we have had to fight for. We are grateful to have allies like the New York State Attorney General in this struggle for justice. The recovery of such a large sum of money represents not only the scale of exploitation that we face as workers but also the commitment of Attorney General James in seeing justice served for the working people of New York.”

    “Today represents an important victory in our struggle to be treated with dignity by app companies that continue to exploit and abuse workers,” said Alejo G., an organizing leader with Worker’s Justice Project and Los Deliveristas Unidos. “Delivery workers perform one of the most dangerous jobs in New York City, providing essential goods to New Yorkers. On top of all the risks we face on the street and all the costs we incur, we shouldn’t have to worry about multi-billion-dollar companies stealing our wages and tips. As we continue to uncover the extent to which these companies prey on vulnerable workers, we are grateful to Attorney General James for supporting our rights and for putting DoorDash on notice that labor exploitation will not be tolerated in New York.”

    “Greed – that’s what this case is all about,” said William Medina, a delivery worker and organizer with Worker’s Justice Project and Los Deliveristas Unidos. “A company built on greed that has to steal tips from workers – and customers – to make its revenue and keep its investors happy, that is unjust. It’s unjust to the workers that put their lives on the line every day doing this work. And it’s unjust to the customers who meant to provide a tip to a hard-working deliverista instead of lining the pockets of executives at a billion-dollar company. Since 2020, Los Deliveristas Unidos has been organizing for our rights and to keep the app companies honest and transparent, because we continue to see an unfortunate pattern of such practices, including at DoorDash. Whether it’s stealing tips or making it harder for customers to tip after the minimum pay law went into effect, keeping workers in the dark about how they’re paid or why they’ve been suddenly deactivated – this is a company that operates on secrecy and a total lack of respect for workers and customers. We are grateful to Attorney General James for joining us in the fight and we once again call on DoorDash to do better by those who order food and those who deliver it.”

    “I have been delivering for DoorDash since they started, but I do not work for them as much anymore because the system was not clear and they were taking our tips,” said Lee Vaughn, a Dasher with DoorDash since 2016. “DoorDash never told us accurate distances and the payment amount they would promise was not always true. They would show us an amount plus tips, but they were not telling us the truth. We worked hard and we deserve to be paid. I am thankful to Attorney General Letitia James and her office for getting us our money back.”

    This is the latest of Attorney General James’ efforts to combat wage theft and deceptive business practices. In December 2024, Attorney General James recovered $4 million in withheld tips for former Drizly alcohol delivery workers. In September 2024, Attorney General James returned $750,000 in stolen wages to employees of cell phone company Best Wireless. In April 2024, Attorney General James secured nearly $230,000 for building employees cheated out of fair pay. In November 2023, Attorney General James recovered $328 million for Uber and Lyft drivers whose earnings were shortchanged for years. In August 2023, Attorney General James recovered $300,000 in unpaid wages for New York City nail salon workers. In March 2023, Attorney General James recovered $24,000 in stolen wages for former employees of a worker cooperative. In October 2022, Attorney General James secured $90,000 in stolen and unpaid wages for more than a dozen former employees of a commercial dry cleaner in Queens.

    This matter was handled by Assistant Attorney General Lawrence Reina with assistance from Assistant Attorney Generals Jessica Agarwal and Kristen Ferguson under the supervision of Civil Enforcement Section Chief Fiona Kaye and Bureau Chief Karen Cacace, all of the Labor Bureau. Former Data Scientists Chansoo Song and Jasmine McAllister also assisted in this matter, under the supervision of Director Victoria Khan, Deputy Director Gautam Sisodia, and Former Director Jonathan Werberg, all of the Research and Analytics Department. The Labor Bureau is a part of the Division for Social Justice, which is led by Chief Deputy Attorney General Meghan Faux and overseen by First Deputy Attorney General Jennifer Levy.

    MIL OSI USA News –

    February 25, 2025
  • MIL-OSI Security: Northwest Arkansas Man Sentenced to More Than 4 Years in Prison for Operating an Illegal Money Transmitting Business Using Pandemic Funds

    Source: Office of United States Attorneys

    FAYETTEVILLE – A Northwest Arkansas man was sentenced on February 20, to 51 months in Federal Prison, followed by three years of supervised release. Additionally, he was ordered to pay restitution of $725,558.00 on one count of operating an Illegal Money Transmitting Business. The Honorable Judge Timothy L. Brooks presided over the sentencing hearing, which took place in the United States District Court in Fayetteville.

    According to court documents, Richard Harold Stone, age 77, waived indictment by a grand jury and pleaded guilty to a criminal information charging him with conducting an unlicensed money transmitting business in the State of Arkansas. Stone was the President or Chief Officer of numerous businesses registered with the Arkansas Secretary of State, including: Partex Oman Corp., Renewable Energy Campus Arkansas, Inc., Stonetek Global Corp., and Tires 2 Energy, LLC. Stone also was associated with Environmental Energy & Finance Corp., a Delaware corporation. The advertised purpose of these businesses was developing technology and facilities to repurpose waste materials, such as tires, into useable fuel sources. None of these businesses were registered with the State of Arkansas as a money transmitting business, as required by Arkansas law (Arkansas Code, Section 23-55-806(b)&(c)).

    Between November 2020 and March 2021, Stone received through various bank accounts associated with the above entities and other accounts under his control, deposits of funds from applications made on behalf of unwitting victims for Paycheck Protection Program (PPP) loans, Economic Impact Disaster Loans (EIDL), and Pandemic Unemployment Assistance (PUA), totaling more than $600,000. After receiving these funds, Stone immediately transferred most of the funds by wire transfer to parties in locations including Berne, Switzerland; London, England; New York, NY; Chennai, India; and Mumbai, India.

    At the conclusion of Thursday’s sentencing hearing, Stone was immediately remanded to the custody of the U.S. Marshals Service.

    U.S. Attorney David Clay Fowlkes of the Western District of Arkansas made the announcement.

    The Internal Revenue Service-Criminal Investigation, Federal Bureau of Investigation, and Department of Labor Office of the Inspector General investigated the case.

    Assistant U.S. Attorney Hunter Bridges is prosecuting the case.

    Related court documents may be found on the Public Access to Electronic Records website at www.pacer.gov.

    MIL Security OSI –

    February 25, 2025
  • MIL-OSI: WTW Announces Regular Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 24, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, announced that its Board of Directors approved a regular quarterly cash dividend of $0.92 per common share for the quarter ended December 31, 2024. This represents a 5% increase to the prior quarter’s dividend. The dividend is payable on or about April 15, 2025 to shareholders of record at the close of business on March 31, 2025.

    About WTW
    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    CONTACT

    INVESTORS
    Claudia De La Hoz | claudia.delahoz@wtwco.com

    The MIL Network –

    February 25, 2025
  • MIL-Evening Report: Trump, Putin and Musk all share a leadership style – we’ve figured out what it is

    Source: The Conversation (Au and NZ) – By Andrei Lux, Lecturer of Leadership and Research Cluster Lead, Edith Cowan University

    Dictatorships would appear to be on the rise. Russian president Vladimir Putin, US president Donald Trump and even un-elected tech entrepreneur, Elon Musk are ruling by decree like “kings”.

    Some might naively call these leaders “authentic” for saying and often doing what they believe. But that’s not the whole story.

    Such unilateral decisions are deeply divisive, and often opposed. In the US, the federal court blocked Trump’s executive order banning workplace diversity, equity and inclusion programs to try to contain the damage.

    Researchers used to think that authenticity was inherently good and moral. But as authentic leadership research gets more sophisticated with robust experimental methods, what we know about this powerful approach is changing quickly.

    Experiments use controlled simulations and real-world field trials to show how leadership behaviour influences followers. These new methods are the gold standard for establishing cause-and-effect relationships, and they’re challenging old ideas.

    Authentic leadership redefined

    After 20 years of research, we’ve redefined authentic leadership as a process of sending leadership “signals”. What leaders say and do sends powerful messages about their values.

    In a digital age where every tweet and public act is scrutinised, understanding these signals is important for employees and voters. And keeping up with this new way of expressing authentic leadership is vital for anyone seeking to lead in today’s volatile world.

    In our latest article, we looked at what authentic leadership involves and why signalling is so important.

    But what exactly is “signalling”?

    Sending leadership ‘signals’

    Everything leaders do or say – how they behave, express themselves, look, and communicate – sends messages to everyone watching. These messages are “signals”. Leaders influence their followers by sending signals that will trigger specific thoughts or emotions.

    But executive life is complex and full of inherent contradictions between personal authenticity and the demands of leadership roles.

    High-profile figures such as Musk and Trump show how leadership signals can be polarising. Just last week Musk used his social media platform X (formerly Twitter) to call for an unconstitutional election in Ukraine.

    Musk’s edicts and announcements have prompted demonstrations around the US.
    Rena Schild/Shutterstock

    Signalling authentic leadership

    Demonstrating authentic leadership depends on sending clear, observable signals that reflect the leaders’ principles and ethical convictions.

    Here are some tips for spotting authentic leadership signals in everyday interactions. It is notable that it’s easier to find examples of leaders displaying the complete opposite.

    1. Self-awareness

    Leaders signal self-awareness by regularly seeking honest feedback and reflecting on their own strengths and weaknesses. They openly acknowledge mistakes and share their learning. They value personal growth and continuous improvement.

    Instead, Trump repeatedly ignores his own mistakes, even after they are exposed. His latest claim to be debunked was that Ukrainian President Zelensky’s approval was 4%, while his actual approval is closer to 60%.

    2. Internal moral perspective

    Leaders signal an internal moral perspective by making decisions – even if they are unpopular – firmly rooted in core ethical values. Upholding these values and encouraging open discussions on ethics is a principled approach to leadership.

    Instead, Musk has given federal workers 48 hours to justify their employment. The directive leaves little room for open dialogue on the ethical rationale or moral implications of such a drastic measure. He relies, instead, on top-down command.

    Key federal agencies including the FBI and Pentagon have told employees to ignore the email.

    3. Balanced processing

    Leaders signal balanced processing by seeking different views and considering all options before making a decision. Admitting any biases and using team brainstorming or surveys, ensures fair and informed decision-making.

    Instead, Trump has signed more than 50 executive orders since taking office in January. These include some that are unlawful, as an open display of personal bias and unilateral decision-making.

    4. Relational transparency

    Leaders signal relational transparency by sharing appropriate personal experiences and vulnerabilities with their teams. Being honest about limitations and inviting open dialogue builds trust through genuine and consistent communication.

    Instead social media guru, Mark Zuckerberg, another Trump ally, assured staff his charity the Chan Zuckerberg Initiative would continue its commitment to diversity, equity and inclusion. Then, only weeks later, he dismantled it.

    You can’t just fake it, either

    Leadership signals can convey honest information or be manipulated to send contrived messages.

    Trying to fake it doesn’t work. Leadership behaviour has to align with the leaders’ real values and internal sense of self – otherwise it’s not authentic leadership. It’s just impression management.

    Learning the difference empowers us to understand leaders’ actions and better navigate the post-truth era of global business and politics.

    Andrei Lux works for Edith Cowan University and is a Member of the Australian and New Zealand Academy of Management.

    Kevin Brian Lowe 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. Trump, Putin and Musk all share a leadership style – we’ve figured out what it is – https://theconversation.com/trump-putin-and-musk-all-share-a-leadership-style-weve-figured-out-what-it-is-250502

    MIL OSI Analysis – EveningReport.nz –

    February 25, 2025
  • MIL-OSI: Alpha Sigma Capital Research Publishes New Report on XNET Mobile (XNET) and the Future of Decentralized Wireless (DeWi)

    Source: GlobeNewswire (MIL-OSI)

    Tampa, FL, Feb. 24, 2025 (GLOBE NEWSWIRE) — Alpha Sigma Capital Research has released an in-depth report on XNET Mobile (XNET), a pioneering force in the decentralized wireless (DeWi) industry. As mobile data consumption continues to surge, traditional mobile network operators (MNOs) and mobile virtual network operators (MVNOs) face increasing challenges in scaling their infrastructure efficiently. XNET is addressing this critical industry need with an innovative blockchain-powered solution that enhances network capacity while reducing reliance on costly physical infrastructure.

    Key Highlights from the Report:

    • Seamless Connectivity: XNET enables over 150 million mobile devices to connect automatically, leveraging blockchain-based incentives and carrier-grade hardware.
    • Scalable Data Offloading: Provides a cost-effective solution for MNOs and MVNOs to offload data through carrier-grade WiFi and LTE/5G interconnects.
    • Strategic Partnerships: Direct partnership with AT&T exemplifies XNET’s ability to integrate with traditional MNOs and enhance network scalability.
    • Decentralized Network Expansion: Uses WiFi 6+ and Citizens Broadband Radio Service (CBRS) networks to enhance connectivity in underserved and high-traffic areas.
    • Blockchain-Powered Model: Operates on Solana, allowing communities and entrepreneurs to build network infrastructure while earning tokenized incentives.
    • Industry Disruption: XNET’s approach challenges traditional mobile infrastructure models, providing a sustainable and decentralized alternative.

    Despite liquidity challenges in the broader Decentralized Physical Infrastructure Networks (DePIN) sector, which have impacted the performance of the $XNET token, XNET remains uniquely positioned for long-term growth.
    “The mobile wireless industry has remained relatively unchanged for decades, and XNET is bringing a much-needed shift in how connectivity is built and managed,” said Enzo Villani, CEO, at Alpha Sigma Capital. “By utilizing blockchain technology and a decentralized model, XNET is providing a sustainable solution to meet the growing demand for high-speed, reliable mobile connectivity.”

    To read the full research report, visit [LINK].

    Stay connected with ASC Research on Substack. Subscribe at Alpha Sigma Capital Research | Substack.

    About Alpha Transform Holdings
    Alpha Transform Holdings (ATH) is a leading digital asset investment firm, combining strategic advisory, research, and capital investment to drive innovation in Web3 and blockchain.

    About Alpha Sigma Capital Research
    Active Investing in the Blockchain Economy.™

    Alpha Sigma Capital Research is provided by Alpha Sigma Capital Advisors, LLC, the Investment Manager for the Alpha Blockchain/Web3 Fund and Alpha Liquid Fund.  Alpha Sigma Capital (ASC) investment funds are focused on emerging blockchain companies that are successfully building their user-base, demonstrating real-world uses for their decentralized ecosystems, and moving blockchain technology towards mass-adoption. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. Apply to receive research at www.alphasigma.fund/research.

    DISCLAIMER
    This is for informational use only. This is not investment advice. Other than disclosures relating to Alpha Transform Holdings (ATH) and Alpha Sigma Capital (ASC) this information is based on current public information that we consider reliable, but we do not represent it as accurate or complete, and it should not be relied on as such. The information, opinions, estimates, and forecasts contained herein are as of the date hereof and are subject to change without prior notification. We seek to update our information as appropriate.

    Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. The price of crypto assets may rise or fall because of changes in the broad market or changes in a company’s financial condition, sometimes rapidly or unpredictably. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Fluctuations in exchange rates could have adverse effects on the value or price of, or income derived from certain investments. We and our affiliates, officers, directors, and employees, excluding equity and credit analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives, if any, referred to in this press release.

    The information on which the information is based has been obtained from sources believed to be reliable such as, for example, the company’s financial statements filed with a regulator, the company website, the company white paper, pitchbook, and any other sources. While Alpha Sigma Capital has obtained data, statistics, and information from sources it believes to be reliable, Alpha Sigma Capital does not perform an audit or seek independent verification of any of the data, statistics, and information it receives.
    Unless otherwise provided in a separate agreement, Alpha Sigma Capital does not represent that the contents meet all of the presentation and/or disclosure standards applicable in the jurisdiction the recipient is located. Alpha Sigma Capital and its officers, directors, and employees shall not be responsible or liable for any trading decisions, damages, or other losses resulting from, or related to, the information, data, analyses, or opinions within the report.

    Crypto and/or digital currencies involve substantial risk, are speculative in nature, and may not perform as expected. Many digital currency platforms are not subject to regulatory supervision, unlike regulated exchanges. Some platforms may commingle customer assets in shared accounts and provide inadequate custody, which may affect whether or how investors can withdraw their currency and/or subject them to money laundering. Digital currencies may be vulnerable to hacks and cyber fraud as well as significant volatility and price swings.

    The MIL Network –

    February 25, 2025
  • MIL-Evening Report: What’s the difference between medical abortion and surgical abortion?

    Source: The Conversation (Au and NZ) – By Lydia Mainey, Senior Nursing Lecturer, CQUniversity Australia

    PeopleImages.com – Yuri A/Shutterstock

    In Australia, around one in four people who are able to get pregnant will have a medical or surgical abortion in their lifetime.

    Both options are safe, legal and effective. The choice between them usually comes down to personal preference and availability.

    So, what’s the difference?

    What is a medical abortion?

    A medical abortion involves taking two types of tablets, sold together in Australia as MS2Step.

    The first tablet, mifepristone, stops the hormone progesterone, which is needed for pregnancy. This causes the lining of the uterus to break down and stops the embryo from growing.

    After taking mifepristone, you wait 36–48 hours before taking the second tablet, misoprostol. Misoprostol makes the cervix (the opening of the uterus) softer and starts contractions to expel the pregnancy.

    It’s normal to have strong pain and heavy bleeding with clots after taking misoprostol. Pain relief including ibuprofen and paracetamol can help.

    After two to six hours, the bleeding and pain usually become like a normal period, although this may last between two to six weeks.

    Haemorrhage after a medical abortion is rare (occurring in fewer than 1% of abortions). But you should seek help if bleeding remains heavy (if you soak two pads per hour for two consecutive hours) or if you have have signs of infection (such as a fever, increasing abdominal pain or smelly vaginal discharge).

    Do I have to go to hospital?

    It is legal to have a medical abortion outside of a hospital up to nine weeks of pregnancy.

    Depending on state or territory law, the medication can be prescribed by a qualified health-care provider such as a GP, nurse practitioner or endorsed midwife. These clinicians often work in GP surgeries or sexual and reproductive health clinics and they may use telehealth.

    Medical abortions also occur after nine weeks of pregnancy, but these are done in hospitals and overseen by doctors alongside nurses or midwives.

    Medical abortions after 20 weeks are done by taking medications to start early labour in a maternity unit. Often, medications are first given to stop the foetal heartbeat so it is not born alive. Then, other medications are given to manage pain.

    These types of abortions are very rare. They may be used when an obstacle has prevented someone accessing an abortion abortion earlier, continuing with the pregnancy is dangerous for the pregnant person’s health or if there is a serious problem with the foetus.

    Medical abortions in Australia involve taking two tablets, usually around two days apart.
    PeopleImages.com – Yuri A/Shutterstock

    What is a surgical abortion?

    Surgical abortions are performed in an operating unit, usually with sedation, so you will not remember the procedure. Surgical abortions are sometimes preferred over medical abortions because they are quicker. But the decision should be between you and your health-care provider.

    In the first 12–14 weeks of pregnancy, a surgical abortion takes less than 15 minutes and patients are usually discharged a few hours after the procedure.

    Medications may be given before surgery to soften and open the cervix and to ease pain. During the procedure, the cervix is gently stretched open and the contents of the uterus are removed with a small tube. This procedure is carried out by trained doctors with the assistance of nurses.

    Surgical abortions after 12–14 weeks are more complex and are performed by specially trained doctors. Similar to medical abortions, medications may be given first to stop the foetal heartbeat.

    It is normal to experience some cramping and bleeding after a surgical abortion, which can last about two weeks. However, like medical abortion, you should seek help for heavy bleeding or signs of infection.

    Do I need an ultrasound?

    It used to be common before an abortion to have an ultrasound scan to check how far along the pregnancy was and to make sure it was not ectopic (outside the uterus).

    However, this is no longer recommended in the early stages of pregnancy (up to 14 weeks) if it delays access to abortion. If the date of the last menstrual period is known and there are no other concerning symptoms, an ultrasound scan may not be necessary.

    This means people can access medical abortion much sooner, even from the first day of a missed period, without waiting for the embryo to be big enough to be seen on an ultrasound scan. This is called “very early medical abortion”.

    Before and after care

    Before having an abortion, a health-care provider will explain common side effects and when to seek urgent medical attention. For people who want it, many types of contraception can be started the day of abortion.

    Your health-care provider will help you understand your options, including whether you want to start contraception.
    PowerUp/Shutterstock

    Even though the success rate of medical abortion is very high (over 95%) it is routine to make sure the person is no longer pregnant.

    This is usually done two to three weeks after taking the first tablet mifepristone, either by a low-sensitivity urine pregnancy test (which you can do at home) or a blood test.

    In the rare case a medical abortion has not worked, a surgical abortion can be done.

    Sometimes after a medical or surgical abortion, tissue is left behind in the uterus. If this happens you may need another dose of misoprostol (the second tablet) or a surgical procedure to remove the tissue.

    Some people may also seek support-based counselling or peer support to help them work through the emotions that might accompany having an abortion.

    Understanding the differences and similarities between medical and surgical abortions can help individuals make informed decisions about their reproductive health.

    It’s important to speak with an unbiased health-care provider to discuss the best option for your circumstances and to ensure you receive the necessary follow-up care and support.

    Lydia Mainey is the co-chair of the Termination of Pregnancy Working Group, a subgroup of the Queensland Health Sexual Health Clinical Network. She has previously worked at MSI Australia, a non-profit which provides abortion, contraception and vasectomy services. Lydia was previously a member of the MSI Australia Technical Advisory Group.

    – ref. What’s the difference between medical abortion and surgical abortion? – https://theconversation.com/whats-the-difference-between-medical-abortion-and-surgical-abortion-249839

    MIL OSI Analysis – EveningReport.nz –

    February 25, 2025
  • MIL-OSI USA: Luján Named Ranking Member of Commerce Subcommittee on Telecommunications and Media

    US Senate News:

    Source: United States Senator Ben Ray Luján (D-New Mexico)

    Subcommittee Oversees Key New Mexico Priorities Including Broadband Access and Public Safety Communications

    Washington, D.C. – U.S. Senator Ben Ray Luján (D-N.M.) was named Ranking Member of the Senate Commerce Committee’s Subcommittee on Telecommunications and Media for the 119th Congress. Senator Luján previously served as Chair, formerly named the Subcommittee on Communications, Media, and Broadband, since 2021.  

    “New Mexicans know the difference between fast internet, slow internet, and no internet. Broadband is a necessity for daily life, and I am proud to once again represent New Mexico on this critical subcommittee to ensure every household in our state and across the country has affordable, secure, and reliable internet access,” said Senator Luján. “Since being elected to the Senate in 2020, I have been proud to chair this subcommittee which has broad jurisdiction over communications policy, including federal spectrum, broadband affordability & accessibility, public safety communications, network resiliency, broadcasting & streaming, and the Internet.

    “In this Congress, I look forward to serving as Ranking Member and working closely with Senator Fischer to continue our bipartisan work to expand broadband access, secure communications networks, and enact policies that will benefit all Americans,” continued Senator Luján. “The subcommittee is at the center of critical debates over the future of access to media, including streaming and Section 230 of the Communications Decency Act. Far too many communities throughout the country have been left without broadband access, and I won’t stop working until every New Mexican is connected.”

    Background on Senator Luján’s work on the Subcommittee on Telecommunications and Media:

    During the 117th and 118th Congress, Senator Luján chaired a total of 11 subcommittee hearings on key issues, ranging from broadband buildout and affordability, to protecting Americans from robocalls, to preventing harms online. In May 2023, as Chair of the Subcommittee, Senator Luján created a bipartisan, bicameral working group to evaluate and propose potential reforms to the Universal Service Fund. During the 117th Congress, as chair of the subcommittee, Senator Luján successfully helped pass the Bipartisan Infrastructure Law that created the Broadband Equity Access and Deployment (BEAD) Program, as well as the Affordable Connectivity Program (ACP), which delivered broadband access to over 55 million Americans.

    Background on the Subcommittee on Telecommunications and Media:

    The Subcommittee on Telecommunications and Media has jurisdiction over matters relating to communications, including includes telephones, cell phones, the Internet, commercial and noncommercial television, cable, satellite broadcast, satellite communications, wireline and wireless broadband, radio, consumer electronic equipment associated with such services, and public safety communications. The subcommittee is also responsible for oversight of the Federal Communications Commission (FCC), the Corporation for Public Broadcasting (CPB), and the National Telecommunications and Information Administration (NTIA) at the Department of Commerce, which is the federal agency primarily responsible for the management of government spectrum and advising the President on telecommunications policy.

    MIL OSI USA News –

    February 25, 2025
  • MIL-OSI Russia: IMF Executive Board Concludes 2024 Article IV Consultation with Angola

    Source: IMF – News in Russian

    February 24, 2025

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Angola.

    Angola’s economy recovered in 2024 as the oil sector rebounded. GDP growth is estimated to have reached 3.8 percent, surpassing earlier projections, and the recovery broadened to the non-oil sector. The public debt-to-GDP ratio declined in 2024, benefiting from higher nominal GDP growth and sustained primary surpluses. However, fiscal consolidation efforts waned, and buffers built during the 2018–21 EFF—supported program are being eroded by fiscal slippages from higher capital expenditures and a slower fuel subsidy reform.

    Inflation remained elevated driven by exchange rate pressures and higher food prices. The central bank raised monetary policy rate by 150 bps in 2024 and streamlined liquidity management, resulting in a better alignment of the interbank rate with the policy rate. The currency depreciated by over 10 percent against the U.S. dollar in 2024. Adverse market expectations and a high external debt service continue to weigh on the exchange rate. The government’s active cash and debt management helped mitigate liquidity pressures.

    The recovery is expected to continue but risks to the outlook remain high. Growth is expected to remain at 3 percent in 2025 while inflation is projected to ease with the fading of cost-push factors. The resolution of maintenance bottlenecks in key extraction blocks and government-led efforts to incentivize production should help sustain oil production. However, high external debt service constrains development spending, and oil dependence remains a drag on sustainable growth. Liquidity risk could intensify should financing conditions deteriorate, further crowding out social spending, and exerting pressures on the exchange rate. Moreover, with presidential elections scheduled for 2027, an early start of the political cycle risks slowing down the implementation of economic reforms. On the upside, higher oil prices, positive spillovers from further global monetary policy easing, and stronger non-oil FDIs, including through the Lobito Corridor development, could improve the medium-term outlook.

    Executive Board Assessment[2]

    “Executive Directors agreed with the thrust of the staff appraisal. While welcoming the economic recovery, they highlighted the continued risks from oil price volatility and debt vulnerabilities. Against this background, Directors emphasized the urgency of accelerating structural reforms to strengthen macroeconomic and financial stability and foster diversified and inclusive growth.

    “Directors stressed that returning to a fiscal consolidation path is critical to strengthen buffers and create space for development needs. They emphasized the importance of fully implementing fuel subsidy reforms accompanied by mitigating measures to protect the most vulnerable and intensifying non‑oil revenue mobilization efforts. Directors also advised rationalizing public investment and improving spending efficiency in line with the 2019 PIMA recommendations, strengthening public financial management, including the procurement framework and SOE reforms, and improving cash and debt management to mitigate liquidity risks and support a timely return to markets.

    “Directors stressed the need for monetary policy to maintain a tightening bias to ensure durable disinflation. They called on the authorities to strictly adhere to the ceiling on government loans to safeguard international reserves and contain inflationary pressures. Directors welcomed the authorities’ efforts to streamline liquidity management to enhance monetary policy transmission, as well as to improve foreign exchange market functioning and exchange rate flexibility as part of the transition toward an inflation‑targeting framework.

    “Directors underlined the need to continue addressing financial sector vulnerabilities. They called on the authorities to address AML/CFT weaknesses to achieve swift removal from the FATF grey list. Directors emphasized the importance of effectively implementing new supervisory regulations and developing a robust financial stability framework, including strengthened safety nets. They advised addressing remaining vulnerabilities from the sovereign‑bank nexus, high NPLs, and problem banks, and looked forward to the upcoming FSAP assessment.

    “Directors supported the authorities’ National Development Plan to achieve more diversified and resilient growth. A key focus should be on market‑friendly policies to streamline business regulations, enhance governance, fight corruption, develop human capital, and deepen financial inclusion. Stronger statistical capacity is also needed to support sound policy making.

    It is expected that the next Article IV consultation with Angola will be held on the standard 12‑month cycle.”

     

    Angola: Selected Economic Indicators, 2023–25

    2023

    2024

    2025

     

    Prel.

    Proj.

    Real economy (percent change, except where otherwise indicated)

         

    Real gross domestic product

    1.0

    3.8

    3.0

    Oil sector

    -2.4

    3.2

    0.3

    Non-oil sector

    2.2

    3.9

    3.4

    Nominal gross domestic product (GDP)

    14.6

    33.3

    24.3

    Oil sector

    9.5

    33.7

    17.4

    Non-oil sector

    15.5

    33.2

    25.6

    GDP deflator

    13.4

    28.5

    20.8

    Non-oil GDP deflator

    14.4

    28.2

    21.3

    Consumer prices (annual average)

    13.6

    28.2

    21.0

    Consumer prices (end of period)

    20.0

    27.5

    18.9

         

    Central government (percent of GDP)

         

    Total revenue

    17.4

    16.6

    16.0

    Of which: Oil-related

    10.3

    10.0

    9.7

    Of which: Non-oil tax

    6.1

    5.6

    5.0

    Total expenditure

    19.2

    17.6

    17.3

    Current expenditure

    15.2

    14.1

    12.4

    Capital spending

    4.1

    3.6

    4.9

    Overall fiscal balance

    -1.9

    -1.0

    -1.3

    Non-oil primary fiscal balance

    -6.4

    -5.7

    -7.2

         

    Money and credit (end of period, percent change)

         

    Broad money (M2)

    37.8

    30.6

    38.5

    Percent of GDP

    20.8

    20.4

    22.7

    Velocity (GDP/M2)

    4.8

    4.9

    4.4

    Velocity (non-oil GDP/M2)

    4.1

    4.1

    3.8

    Credit to the private sector (annual percent change)

    28.8

    28.1

    27.0

         

    Balance of payments

         

    Trade balance (percent of GDP)

    19.9

    19.7

    17.0

    Exports of goods, f.o.b. (percent of GDP)

    33.6

    33.1

    31.5

    Of which: Oil and gas exports (percent of GDP)

    31.6

    30.9

    28.6

    Imports of goods, f.o.b. (percent of GDP)

    13.8

    13.4

    14.5

    Terms of trade (percent change)

    -19.3

    -4.0

    -10.4

    Current account balance (percent of GDP)

    3.8

    4.1

    2.4

    Gross international reserves (end of period, millions of U.S. dollars)

    14,727

    15,227

    15,277

    Gross international reserves (months of next year’s imports)

    7.3

    7.3

    7.3

     

         

    Exchange rate

         

    Official exchange rate (average, kwanzas per U.S. dollar)

    685

    876

    …

    Official exchange rate (end of period, kwanzas per U.S. dollar)

    829

    924

    …

         

    Public debt (percent of GDP)

         

    Public sector debt (gross)1

    71.4

    62.4

    63.3

    Of which: Central Government debt

    67.9

    60.4

    61.9

         

    Oil

         

    Oil and gas production (millions of barrels per day)

    1.205

    1.262

    1.266

    Oil and gas exports (billions of U.S. dollars)

    34.7

    35.4

    31.5

    Angola oil price (average, U.S. dollars per barrel)

    80.6

    78.5

    70.3

    Brent oil price (average, U.S. dollars per barrel)

    82.3

    80.0

    71.4

    Sources: Angolan authorities; and IMF staff estimates and projections.

    1 Includes debt of the Central Government, external debt of state oil company Sonangol and state airline company TAAG, and guaranteed debt. 

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summing up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Tatiana Mossot

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/02/24/pr-2541-angola-imf-executive-board-concludes-2024-article-iv-consultation

    MIL OSI

    MIL OSI Russia News –

    February 25, 2025
  • MIL-OSI Security: Business Owner Agrees to Pay $1,731,200 to Resolve Allegations He Misappropriated COVID-19 Loan Proceeds

    Source: Office of United States Attorneys

    Bowling Green, KY- Ryan Turtle, of Memphis, TN, has agreed to pay the United States $1,731,200 to resolve allegations that he unjustly enriched himself by misappropriating COVID-19 Economic Injury Disaster Loan (“EIDL”) funds obtained from the Small Business Administration (SBA) during the COVID-19 pandemic.

    The civil settlement was announced by Michael A. Bennett, United States Attorney for the Western District of Kentucky.

    “COVID-19 EIDL funds were intended to help small business owners during difficult economic times and taking advantage of this program will not be tolerated,” said U.S. Attorney Bennett. “Our office is committed to investigating and recovering taxpayer monies that have been diverted or misused.”

    During the COVID-19 pandemic, the SBA provided COVID-19 EIDLs to small businesses to be used for “working capital.” Turtle owned the Turtle Company, a Kentucky corporation, which operated Little Caesars franchises in Western Kentucky. On October 27, 2021, Turtle submitted an Amended Loan Authorization and Agreement with the SBA, in which he certified and promised that he would use the loan proceeds as “working capital” for his business as required by the Agreement.

    Instead of using the loan proceeds as “working capital” for his business as required, the United States alleges that Turtle transferred the loan proceeds into various cryptocurrency accounts shortly after receiving them from the SBA. By failing to use the loan proceeds as required by the Agreement, the United States contends that Turtle unjustly enriched himself.

    The claims resolved by this settlement are allegations.

    Assistant U.S. Attorney, Matt Weyand, handled this matter for the United States.

    ###

    MIL Security OSI –

    February 25, 2025
  • MIL-OSI United Kingdom: UN Human Rights Council 58: Annual High-Level Mainstreaming Panel

    Source: United Kingdom – Executive Government & Departments

    Speech

    UN Human Rights Council 58: Annual High-Level Mainstreaming Panel

    Annual High-Level Mainstreaming Panel. As delivered by the UK’s Permanent Representative to the WTO and UN, Simon Manley, at the 58th HRC session in Geneva.

    Thank you Mr President,

    In this 30th anniversary year for gender equality, let me reaffirm the British government’s commitment to the Beijing Declaration and Platform for Action.

    My government’s dedication to advancing gender equality at home has led to a narrowing of the gender pay gap, more women on the boards of the largest companies than ever before and stronger action to protect women and girls from violence and abuse. And we have put women and girls at the heart of our international work, from our diplomacy to our development spend.

    But while it is important to acknowledge the progress made, quite clearly no country – the UK included – has achieved or even got close to achieving gender equality. Indeed, we are seeing a growing international trend of efforts to undermine and roll back the rights of women, girls and other marginalised groups.

    We must resist that roll back, take concerted action to build on the progress we have made both at home and overseas. That is why we are putting women’s voices at the heart of everything we do and will make the changes needed so gender equality can, at last, become a reality.

    We call on all Members of the Council and states to use this landmark year to accelerate action towards empowering all women and girls.

    Thank you.

    Updates to this page

    Published 24 February 2025

    MIL OSI United Kingdom –

    February 25, 2025
  • MIL-OSI: BsvCloud Announces 2025 Cloud Mining Plans to Help Beginners Mine Bitcoin Easily

    Source: GlobeNewswire (MIL-OSI)

    UXBRIDGE, United Kingdom, Feb. 24, 2025 (GLOBE NEWSWIRE) — As Bitcoin continues to dominate the cryptocurrency world, BsvCloud, a trusted leader in cloud mining solutions, announces its new 2025 mining plans tailored to help beginners mine Bitcoin easily. Since its founding in 2017, BsvCloud has empowered over 500,000 users globally, and now it’s breaking down barriers with user-friendly, secure, and innovative cloud mining packages designed to simplify Bitcoin mining for newcomers.

    Making Bitcoin Mining Easy for Beginners in 2025

    With Bitcoin’s popularity soaring in 2025, many beginners are eager to join the mining craze but often face complex hardware setups and technical challenges. BsvCloud’s new cloud mining plans eliminate these hurdles, offering a straightforward way for novices to start mining Bitcoin. Backed by cutting-edge technology, these plans make the process accessible, letting anyone dip their toes into the world of cryptocurrency with confidence.

    Key Features of BsvCloud’s New Cloud Mining Plans

    • Beginner-Friendly Options: Start with simple, affordable plans crafted for those new to Bitcoin mining.
    • Higher Profitability: Optimized contracts ensure returns exceed industry benchmarks.
    • Advanced Tech: Powered by renewable energy and AI-driven hardware, BsvCloud maximizes efficiency.
    • Unmatched Security: Multi-layer encryption and offline storage safeguard your assets.
    • 24/7 Support: A friendly team is available anytime to assist beginners every step of the way.

    How to Start Mining Bitcoin with BsvCloud
    Getting into Bitcoin mining has never been easier:

    1. Sign Up: Register at bsvcloud.com and claim a $15 signup bonus in minutes.
    2. Select a Plan: Pick a cloud mining package that fits your budget and goals.
    3. Start Mining: Launch your operation instantly—no hardware or expertise needed.
    4. Track Earnings: Monitor daily profits on a user-friendly dashboard, with withdrawals in under 5 minutes.

    Why BsvCloud Stands Out for Beginners

    Traditional Bitcoin mining can intimidate newcomers with its costly equipment and steep learning curve. BsvCloud changes that by leveraging green energy and smart automation to simplify the process.

    “We’re here to help beginners mine Bitcoin without the stress,” said Thomas Simatos, CEO of BsvCloud. “Our 2025 plans are all about ease and accessibility, backed by reliable technology.” Users like Sarah from London agree: “I signed up in minutes and started mining Bitcoin without any stress—BsvCloud makes it so easy!”

    Get Started with Bitcoin Mining Today

    BsvCloud’s new cloud mining plans are live now, ready to help beginners explore Bitcoin mining in 2025. Visit bsvcloud.com to learn more and take your first step into the crypto world with ease.

    About BsvCloud

    Founded in 2017, BsvCloud is a global leader in cloud mining, serving over 500,000 users across 100+ countries. Based in Uxbridge, UK, the company uses renewable energy and AI technology to make Bitcoin mining sustainable and beginner-friendly. With a focus on transparency and simplicity, BsvCloud is committed to opening up cryptocurrency mining to everyone.

    Contact Details

    Disclaimer: This press release is provided by BsvCloud. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f481c7cd-44bd-49d8-9964-2b42ac9aee96

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a29ccc22-1d4f-4f56-887f-df6c491b90f5

    The MIL Network –

    February 25, 2025
  • MIL-OSI Global: ‘Your life becomes a nightmare’: how scam operations exploit those trapped inside – Scam Factories podcast, Ep 2

    Source: The Conversation – UK – By Gemma Ware, Host, The Conversation Weekly Podcast, The Conversation

    A few weeks after Ben Yeo travelled to Cambodia for what he thought was a job in a casino, he found himself locked up in a padded room. “It’s a combination between a prison and a madhouse,” he remembers. He was being punished for refusing to conduct online scams.

    “They tried all kinds of coercive manoeuvres, using a fire extinguisher to try to hit me, to scare me, using a plastic bag over my head to suffocate me … Whatever you see in the movies that actually happened.”

    Scam Factories is a podcast series from The Conversation Weekly taking you inside Southeast Asia’s brutal fraud compounds. It accompanies a series of multimedia articles on The Conversation.

    In the second episode, Inside the Operation, we explore the history of how scam compounds emerged in Southeast Asia and who is behind them. We hear about the violent treatment people receive inside through the testimonies of two survivors, Ben, and another man we’re calling George to protect his real identity.

    The Conversation collaborated for this series with three researchers: Ivan Franceschini, a lecturer in Chinese Studies at the University of Melbourne, Ling Li, a PhD candidate at Ca’ Foscari University of Venice, and Mark Bo, an independent researcher.

    They’ve spent the past few years researching the expansion of scam compounds in the region for a forthcoming book. They’ve interviewed nearly 100 survivors of the compounds, analysed maps and financial documents related to the scam industry and tracked scammers online to find out how these compounds work.

    Read an article by Ivan Franceschini and Ling Li which accompanies this episode about the rise of the scamming industry.

    The Conversation contacted AsiaHR international for comment. We did not receive a response. We contacted all the other companies mentioned in this multimedia series for comment, except Jinshui who we could not contact. We did not receive a response from them either.


    This episode was written and produced by Gemma Ware, with assistance from Mend Mariwany and Katie Flood. Leila Goldstein was our producer in Cambodia and Halima Athumani recorded for us in Uganda. Hui Lin helped us with Chinese translation. Sound design by Michelle Macklem and editing help from Ashlynee McGhee and Justin Bergman.

    Listen to The Conversation Weekly podcast via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here.

    Mark Bo, an independent researcher who works with Ivan Franeschini and Ling Li, is also interviewed in this podcast series. Ivan, Ling, Mark, and others have co-founded EOS Collective, a non-profit organisation dedicated to investigating the criminal networks behind the online scam industry and supporting survivors.

    – ref. ‘Your life becomes a nightmare’: how scam operations exploit those trapped inside – Scam Factories podcast, Ep 2 – https://theconversation.com/your-life-becomes-a-nightmare-how-scam-operations-exploit-those-trapped-inside-scam-factories-podcast-ep-2-250464

    MIL OSI – Global Reports –

    February 25, 2025
  • MIL-OSI Global: A Palestinian-Israeli film is an Oscars favorite − so why is it so hard to see?

    Source: The Conversation – USA – By Drew Paul, Associate Professor of Arabic, University of Tennessee

    Directors Basel Adra, left, and Yuval Abraham on stage at the 62nd New York Film Festival on Sept. 29, 2024. Jamie McCarthy/Getty Images

    For many low-budget, independent films, an Oscar nomination is a golden ticket.

    The publicity can translate into theatrical releases or rereleases, along with more on-demand rentals and sales.

    However, for “No Other Land,” a Palestinian-Israeli film nominated for best documentary at the 2025 Academy Awards, this exposure is unlikely to translate into commercial success in the U.S. That’s because the film has been unable to find a company to distribute it in America.

    “No Other Land” chronicles the efforts of Palestinian townspeople to combat an Israeli plan to demolish their villages in the West Bank and use the area as a military training ground. It was directed by four Palestinian and Israeli activists and journalists: Basel Adra, who is a resident of the area facing demolition, Yuval Abraham, Hamdan Ballal and Rachel Szor. While the filmmakers have organized screenings in a number of U.S. cities, the lack of a national distributor makes a broader release unlikely.

    Film distributors are a crucial but often unseen link in the chain that allows a film to reach cinemas and people’s living rooms. In recent years it has become more common for controversial award-winning films to run into issues finding a distributor. Palestinian films have encountered additional barriers.

    As a scholar of Arabic who has written about Palestinian cinema, I’m disheartened by the difficulties “No Other Land” has faced. But I’m not surprised.

    The role of film distributors

    Distributors are often invisible to moviegoers. But without one, it can be difficult for a film to find an audience.

    Distributors typically acquire rights to a film for a specific country or set of countries. They then market films to movie theaters, cinema chains and streaming platforms. As compensation, distributors receive a percentage of the revenue generated by theatrical and home releases.

    The film “Soundtrack to a Coup D’Etat,” another finalist for best documentary, shows how this process typically works. It premiered at the Sundance Film Festival in January 2024 and was acquired for distribution just a few months later by Kino Lorber, a major U.S.-based distributor of independent films.

    The inability to find a distributor is not itself noteworthy. No film is entitled to distribution, and most films by newer or unknown directors face long odds.

    However, it is unusual for a film like “No Other Land,” which has garnered critical acclaim and has been recognized at various film festivals and award shows. Some have pegged it as a favorite to win best documentary at the Academy Awards. And “No Other Land” has been able to find distributors in Europe, where it’s easily accessible on multiple streaming platforms.

    So why can’t “No Other Land” find a distributor in the U.S.?

    There are a couple of factors at play.

    Shying away from controversy

    In recent years, film critics have noticed a trend: Documentaries on controversial topics have faced distribution difficulties. These include a film about a campaign by Amazon workers to unionize and a documentary about Adam Kinzinger, one of the few Republican congresspeople to vote to impeach Donald Trump in 2021.

    The Israeli-Palestinian conflict, of course, has long stirred controversy. But the release of “No Other Land” comes at a time when the issue is particularly salient. The Hamas attacks of Oct. 7, 2023, and the ensuing Israeli bombardment and invasion of the Gaza Strip have become a polarizing issue in U.S. domestic politics, reflected in the campus protests and crackdowns in 2024. The filmmakers’ critical comments about the Israeli occupation of Palestine have also garnered backlash in Germany.

    Locals attend a screening of ‘No Other Land’ in the village of A-Tuwani in the West Bank on March 14, 2024.
    Yahel Gazit/Middle East Images/AFP via Getty Images

    Yet the fact that this conflict has been in the news since October 2023 should also heighten audience interest in a film such as “No Other Land” – and, therefore, lead to increased sales, the metric that distributors care about the most.

    Indeed, an earlier film that also documents Palestinian protests against Israeli land expropriation, “5 Broken Cameras,” was a finalist for best documentary at the 2013 Academy Awards. It was able to find a U.S. distributor. However, it had the support of a major European Union documentary development program called Greenhouse. The support of an organization like Greenhouse, which had ties to numerous production and distribution companies in Europe and the U.S., can facilitate the process of finding a distributor.

    By contrast, “No Other Land,” although it has a Norwegian co-producer and received some funding from organizations in Europe and the U.S., was made primarily by a grassroots filmmaking collective.

    Stages for protest

    While distribution challenges may be recent, controversies surrounding Palestinian films are nothing new.

    Many of them stem from the fact that the system of film festivals, awards and distribution is primarily based on a movie’s nation of origin. Since there is no sovereign Palestinian state – and many countries and organizations have not recognized the state of Palestine – the question of how to categorize Palestinian films has been hard to resolve.

    In 2002, The Academy of Motion Picture Arts and Sciences rejected the first ever Palestinian film submitted to the best foreign language film category – Elia Suleiman’s “Divine Intervention” – because Palestine was not recognized as a country by the United Nations. The rules were changed for the following year’s awards ceremony.

    In 2021, the cast of the film “Let It Be Morning,” which had an Israeli director but primarily Palestinian actors, boycotted the Cannes Film Festival in protest of the film’s categorization as an Israeli film rather than a Palestinian one.

    Film festivals and other cultural venues have also become places to make statements about the Israeli-Palestinian conflict and engage in protest. For example, at the Cannes Film Festival in 2017, the right-wing Israeli culture minister wore a controversial – and meme-worthy – dress that featured the Jerusalem skyline in support of Israeli claims of sovereignty over the holy city, despite the unresolved status of Jerusalem under international law.

    Israeli Culture Minister Miri Regev wears a dress featuring the old city of Jerusalem during the Cannes Film Festival in 2017.
    Antonin Thuillier/AFP via Getty Images

    At the 2024 Academy Awards, a number of attendees, including Billie Eilish, Mark Ruffalo and Mahershala Ali, wore red pins in support of a ceasefire in Gaza, and pro-Palestine protesters delayed the start of the ceremonies.

    So even though a film like “No Other Land” addresses a topic of clear interest to many people in the U.S., it faces an uphill battle to finding a distributor.

    I wonder whether a win at the Oscars would even be enough.

    This article has been updated to clarify that the film was a collaborative effort between Palestinian and Israeli filmmakers.

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

    – ref. A Palestinian-Israeli film is an Oscars favorite − so why is it so hard to see? – https://theconversation.com/a-palestinian-israeli-film-is-an-oscars-favorite-so-why-is-it-so-hard-to-see-249233

    MIL OSI – Global Reports –

    February 25, 2025
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