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Category: Business

  • MIL-OSI Global: Who is Friedrich Merz, the man now most likely to lead Germany? Eight things to know

    Source: The Conversation – UK – By Ed Turner, Reader in Politics, Co-Director, Aston Centre for Europe, Aston University

    With the social democrat Olaf Scholz conceding defeat to the centre right in Germany’s election, the man most likely to be named the next chancellor will be Christian Democratic Union (CDU) leader Friedrich Merz.

    The CDU has emerged as the largest party with the far-right Alternative for Germany (AfD) second – its best-ever result in a federal election.

    Merz will have to assemble a coalition government, which will involve some tough negotiations, but Europe’s leaders can be expected to treat him as a “chancellor in waiting”. Here are eight things to know about the man about to take one of the most important political positions in Europe.

    1. He’s taking his party further to the right

    The first thing you need to know about Merz is that he and former chancellor Angela Merkel were longstanding rivals and sparring partners. Back in the early 2000s, after Merkel became leader of the CDU, she ousted Merz from his role as the party’s parliamentary leader, taking on the role herself.

    Merkel never made Merz a minister, and indeed he decided not to run for parliament again in 2009, having already begun to focus on his various private sector interests (as a lawyer but also a company board member). Merz was critical of Merkel’s decision to shift the CDU to the centre ground and was concerned it would open up space for the AfD to move into.




    Read more:
    What is the AfD? Germany’s far-right party, explained


    When Merz did become party leader in 2022, he began rewriting of the party’s programme in a much more conservative direction.

    2. He’s an economic liberal

    Merz takes a very different economic view to Merkel, at least in the latter years of her chancellorship. In 2003, he argued for a radical simplification of Germany’s tax rules such that a tax return could be calculated on the back of a beer mat.

    His party’s 2025 manifesto argued for deregulation and tax cuts to boost Germany’s sluggish growth. Part of this, Merz argued, should be funded by more conditionality being applied to welfare recipients, with a complete stop on benefits for recipients who refused to take any form of work on. In 2024, he also said he’d do “everything” to stop the EU taking on common debt.

    3. He’s a social conservative

    In his younger years, Merz was in the Catholic youth movement. He has a record of voting against abortion and has made a few awkward comments about homosexuality (saying of Klaus Wowereit, a gay mayor of Berlin, “I don’t mind as long as he doesn’t come near me”). In a strange comment, he once referred to his wife and daughters as evidence he didn’t have a problem with women. In a TV debate with Scholz, Merz was asked about Donald Trump’s recognition of only two genders, and reacted: “You can understand his position.”

    In 2000, Merz spoke of a German Leitkultur (loosely, “leading culture”, as contrasted with “multiculturalism”) – a term now in common parlance in Merz’s CDU.

    4. He’s a transatlantacist

    From 2009 to 2019, Merz chaired the Atlantic Bridge, a prominent German organisation devoted to strengthening relations between Germany and the US. He is a transatlanticist by instinct and recently sent a hand-written note to Donald Trump congratulating him on his election, noting his “strong mandate for leadership”. However, in a statement on election night, Merz pledged to “achieve independence” from the US and recognised that Trump is “largely indifferent” to Europe’s fate.

    5. He’s pro-European

    With some caveats (for instance around common debt and cooperation over refugees) Merz is a pro-European. He was a member of the European parliament between 1989 and 1994, and has been clear that closer European cooperation is an essential part of Europe’s answer to Trump.

    He has also patched up relations with European Commission president Ursula von der Leyen (with whom, as a Merkel ally and CDU liberal he had little instinctive attraction), and sees potential in cooperation with her and with Manfred Weber, a CSU politician and leader of the European parliament’s centre-right MEPs.

    Merz has also pledged to visit Warsaw and Paris to rebuild relations after a difficult period under Scholz.

    6. His dealings with the far right have been controversial

    Merz has been consistently inconsistent when it comes to relations with the AfD. He mused in 2023 about the possibility of cooperation at a local level, noting that “we are obliged to recognise democratic elections”, before rowing back.

    In November 2024, Merz said he and his party would not attempt to pass legislation in the national parliament if it meant relying on AfD votes to do it. But he shocked the nation in January 2025 when he did precisely that – pushing forward a hardline immigration plan with the AfD’s support.




    Read more:
    What happened in the German parliament and why is the far right hailing it as a ‘historic’ moment?


    The volte face earned him criticism from his nemesis, Merkel – although that’s not something likely to have concerned him unduly.

    7. He’ll be hemmed in by coalition politics

    Merz will need to strike a deal with multiple other parties in order to govern. That will make his flagship programme of tax cuts hard to achieve, since cuts to welfare or climate spending would be anathema to all potential coalition partners.

    Germany’s other parties instead want Merz to reconsider Germany’s “debt brake” – the constitutional rules that restrict government borrowing. He’ll be under even more pressure to do so given a broad consensus over the need to raise defence spending.

    Perhaps it will take a conservative fiscal hawk to assemble the necessary two-thirds majorities in both chambers of parliament for change.

    8. He’d like to visit… Tibet?

    Finally, among rather thin pickings in popular reporting on Merz’s hobbies, a softball interview last summer told us he likes modern classical music and Beethoven, and one day hopes to visit Tibet.

    But holidays will be some way from his priorities at the moment. There is a strong desire in Europe for Germany to play a more active leadership role once again. At a time when Trump is noisily backing away from underscoring European security and supporting Ukraine, Merz is keenly aware of the void being opened up, and is determined that Germany, with its European allies (including even the UK) will step up.

    Ed Turner 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. Who is Friedrich Merz, the man now most likely to lead Germany? Eight things to know – https://theconversation.com/who-is-friedrich-merz-the-man-now-most-likely-to-lead-germany-eight-things-to-know-247643

    MIL OSI – Global Reports –

    February 24, 2025
  • MIL-Evening Report: Ramadan is almost here. 5 tips to boost your wellbeing and energy levels if you’re fasting

    Source: The Conversation (Au and NZ) – By Romy Lauche, Deputy Director (Research), National Centre for Naturopathic Medicine, Southern Cross University

    Drazen Zigic/Shutterstock

    Ramadan is one of the most significant months of the Islamic lunar calendar. It marks the time when the Quran was revealed to Prophet Mohammed (peace be upon him).

    Almost 2 billion Muslims worldwide observe this month of prayer and reflection, which includes fasting between two prayers, Fajr at dawn and Maghrib at sunset.

    Ramadan is about purifying the mind, body and soul, and practising self-restraint. It’s a time for spiritual growth and dedication to God (or Allah in Arabic). Ramadan also brings people together for meals and celebrations, with a focus on helping those less fortunate.

    Depending on where you live, Ramadan can mean going 12 to 19 hours without eating or drinking anything, including water.

    Our research shows choosing balanced, nutrient-dense foods and drinks can result in better wellbeing and greater energy levels than following your usual diet during Ramadan.

    Here’s what to consider if you’re fasting for Ramadan.

    Do you have any health issues?

    Healthy Muslims are expected to fast during Ramadan once they have reached puberty.

    Frail older adults are exempt from fasting, as are pregnant, breastfeeding and menstruating women. Anyone who cannot participate in fasting can make up for the missed fasting days later.

    People with chronic illness or mental health may be exempt if fasting poses a risk to their health. If you suffer from chronic illness, such as diabetes, heart disease or kidney problems, and want to fast, consult your GP first.

    Fasting can have severe health consequences for people with certain medical conditions and those who rely on prescription medication. Some medications need to be taken at a specific time (and some with food) to be safe and effective.

    If you’re not drinking enough water during Ramadan, your body might also handle some medications differently: they may not work as well or cause side effects.

    For people who can safely fast, here are five tips to maintain your wellbeing during Ramadan.

    1. Plan ahead

    In preparation for Ramadan, stock up on essentials. Plan your meals and hydration in advance, to stay on top of your nutritional intake.

    Start reducing your caffeine gradually in the week leading to Ramadan, so your body can adjust. This can help prevent or reduce the fasting headaches that many experience at the beginning of Ramadan.

    Move your meals gradually towards Suhoor and Iftar times, so your body gets used to the new mealtimes.

    Plan your meals ahead of time.
    Ground Picture/Shutterstock

    2. Stay hydrated

    Staying hydrated is important during Ramadan. Women should aim to drink 2.1 litres of water or fluids (such as coconut water, clear soups, broths or herbal teas) each day. Men should aim for 2.6 litres.

    Limit the intake of sugary or artificially sweetened drinks and enjoy fresh fruit juice only in moderation. Sugary drinks cause a rapid increase in blood sugar levels. The body responds by releasing insulin, causing a drop in blood sugar, which can leave you feeling fatigued, irritable and hungry.

    Increase your hydration by including water-rich foods, such as cucumbers and watermelon, in your diet.

    3. Get your nutrients early

    Before dawn, have a nutrient-rich, slow-digesting meal, along with plenty of water.

    Select healthy nutrient-dense food with proteins and fats from lean meats, fish, chickpeas, tofu, nuts and seeds.

    Choose whole grain products, a variety of vegetables and fruits, and fermented foods, such as kimchi and pickles, which can support your digestion.

    When you prepare your meals, consider grilling, steaming or air frying instead of deep frying.

    Stay away from processed foods such as cakes, ice cream, chips and chocolates, as they often lack essential nutrients and are high in sugar, salt and fat. Processed foods also tend to be low in fibre and protein, which are crucial for maintaining a feeling of fullness.

    4. Avoid the temptation to overeat in the evening

    At sunset, many Muslims come together with family and friends for the fast-breaking evening meal (Iftar). During these occasions, it may be tempting to overindulge in sweets, salty snacks and fatty dishes.

    But overeating can strain the digestive system, cause discomfort and disrupt sleep.

    Start with something small.
    Tekkol/Shutterstock

    Instead, listen to your body’s signals, control your portions, and eat mindfully – this means slowly and without distractions.

    Start with something small, such as a date and a glass of water. You may choose to complete the Maghrib prayer before returning for your main meal and more fluids.

    5. Keep moving

    Finally, try to include some light exercise into your schedule, to maintain your fitness and muscle mass, and promote sleep.

    But avoid heavy workouts, sauna and intensive sports while fasting, as these may increase dehydration, which can increase your risk of feeling faint and falling.

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

    – ref. Ramadan is almost here. 5 tips to boost your wellbeing and energy levels if you’re fasting – https://theconversation.com/ramadan-is-almost-here-5-tips-to-boost-your-wellbeing-and-energy-levels-if-youre-fasting-248223

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-OSI: FRO – Invitation to Q4 2024 Results Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    Frontline plc.’s preliminary fourth quarter 2024 results will be released on Friday February 28, 2025, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call.

    In order to attend the conference call you may do one of the following:

    a. Webcast
    Go to the Investor Relations section at www.frontlineplc.cy and follow the “Webcast” link, or access directly from the link below.

    Frontline plc Q4 2024 Webcast

    b. Conference Call
    Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered.            

    Frontline plc Q4 2024 Conference Call

    A Q&A session will be held after the teleconference/webcast. Information on how to submit questions will be given at the beginning of the session.

    The presentation material which will be used in the teleconference/webcast can be downloaded from www.frontlineplc.cy

    This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

    The MIL Network –

    February 24, 2025
  • MIL-OSI: Globe Telecom, Nokia collaborate on network APIs to provide banks with enhanced security #MWC25

    Source: GlobeNewswire (MIL-OSI)

    Press release
    Globe Telecom, Nokia collaborate on network APIs to provide banks with enhanced security #MWC25

    • Globe tests Nokia’s Network Exposure Platform (NEP) to enhance security in financial services.

    24 February 2025
    Espoo, Finland – Globe Telecom, one of the largest telecommunications operators in the Philippines with over 60 million subscribers, today announced that it is collaborating with Nokia to provide banks and other enterprises with enhanced security through the utilization of network Application Programming Interfaces (APIs).

    Globe Telecom, which already uses a host of other Nokia solutions including 5G RAN, is testing Nokia’s Network Exposure Platform in expanding and simplifying the number of APIs available to the operator and its enterprise partners to enable the creation of security-focused applications. APIs provide access to deep functionality and data within networks, allowing application developers to utilize those network capabilities to build new use cases for their customers.

    “With cyberattacks on banking services accelerating, it is crucial that we make available the latest network-powered technologies to our enterprise customers and help them safeguard against fraud. We are now at the stage of testing how Nokia’s NEP can support our customers in the banking and enterprise sectors with security verification tools to prevent fraudulent transactions,” said Joel Agustin, Globe’s Head of Service Planning and Engineering.

    Nokia Network Exposure Platform (NEP) is an implementation of the GSMA Operator Platform, a standard for a common platform exposing operator capabilities to developers. Globe Telecom and Nokia contribute to GSMA Open Gateway and Linux Foundation CAMARA, both of which are leading the way to harmonize the efforts of operators around the world through the development of standards-based APIs. 

    Nokia NEP complements and integrates with Nokia’s Network as Code platform with developer portal, which aligns with the GSMA Open Gateway aggregator concept and provides a cloud-based platform to connect and monetize service provider networks with application developers.
    Since launching the Network as Code platform in September 2023, Nokia’s ecosystem of Network as Code platform partners has grown to 48 currently and includes BT, Orange, StarHub, Telefonica, and Telecom Argentina. Nokia’s commitment to API monetization extends beyond network-side aggregation and includes hyperscalers like Google Cloud; Communications Platform as a Service (CPaaS) platform providers such as Infobip; large system integrators such as Global Logic; vertical independent software vendors like Elmo; and the world’s largest public API hub through Nokia’s recent acquisition of Rapid.

    “We are very pleased to work with Globe Telecom, along with our growing developer community, in the building of new applications that strengthen security for financial service providers in the Philippines. Nokia NEP will help Globe Telecom organize, control, and secure the way its network is integrated into developer ecosystems and platforms, ensuring choice, flexibility, and security in creating new application use cases,” said Shkumbin Hamiti, Head of Network Monetization Platform, Cloud and Network Services at Nokia.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

    February 24, 2025
  • MIL-OSI: KingSpec Honored as Newegg’s “2025 Partner of the Year”

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, Feb. 24, 2025 (GLOBE NEWSWIRE) — Shenzhen KingSpec Electronics Technology Co., Ltd. (KingSpec) has been awarded the prestigious “EGGIE AWARD – 2025 Partner of the Year” by Newegg. Newegg is a premier global e-commerce platform specializing in computer hardware, electronics, and tech products. It is recognized as a trusted marketplace for tech enthusiasts, offering high-quality products and exceptional customer service worldwide. This recognition celebrates KingSpec’s excellence in product quality, technological innovation, and the strong, long-term partnership with Newegg that has driven mutual success.

    Founded in 2007, KingSpec has made significant strides in the solid-state drive (SSD) industry. The company has invested heavily in SSD technology development since 2008, continuously upgrading its production processes to meet the growing demands of global markets and consistently providing customers with high-quality products. With strong industry alliances and a proven track record, KingSpec has established itself as a leading force in the storage solutions market. Its products have earned global certifications, including CE, FCC, RoHS, and REACH, underscoring their reliability and compliance with international standards.

    KingSpec’s XG7000 and P3 Series SSDs have gained popularity on Newegg for their exceptional performance. The XG7000 NVMe PCIe 4.0 SSD delivers ultra-fast read and write speeds, making it a top choice for gamers and high-performance users. The P3 Series 2.5 inch SATA SSD delivers exceptional performance, offering users a noticeable boost in speed, durability, and efficiency for seamless computing experiences.

    The “2025 Partner of the Year” award is a testament to KingSpec’s unwavering commitment to innovation and quality. Moving forward, KingSpec will continue to enhance its product offerings and strengthen its collaborations, helping shape the future of storage solutions worldwide.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/439fb22b-23ba-4f65-afaa-15adbbb8e32d

    Contact: 
    Email: info@kingspec.com 

    The MIL Network –

    February 24, 2025
  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on February 24, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 1,25,000
    Total amount of bids received (in ₹ crore) 36,775
    Amount allotted (in ₹ crore) 36,775
    Cut off Rate (%) 6.26
    Weighted Average Rate (%) 6.26
    Partial Allotment Percentage of bids received at cut off rate (%) N.A.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2234

    MIL OSI Economics –

    February 24, 2025
  • MIL-Evening Report: There’s an outbreak of melioidosis in north Queensland. Here’s what to know about this deadly ‘mud bug’

    Source: The Conversation (Au and NZ) – By Thomas Jeffries, Senior Lecturer in Microbiology, Western Sydney University

    moomin201/Shutterstock

    Seven people have now died from melioidosis in flood-ravaged north Queensland this year.

    Dozens of cases have been reported in the state in recent weeks, which experts have described as unprecedented.

    So what is melioidosis, and why are we seeing a spike in cases now?

    How do people get infected?

    Melioidosis is caused by the bacterium Burkholderia pseudomallei, a bug which normally lives harmlessly in soil and freshwater. But it can be dangerous when it infects humans or animals.

    B. pseudomallei – sometimes called the “mud bug” – enters the body through cuts or scratches. It can also be breathed in and enter the lungs via small airborne water droplets, or by drinking affected water.

    Symptoms usually develop within one to four weeks after a person has been infected. The disease can cause either local infections, such as chronic skin ulcers, or, more commonly, a lung infection which can lead to pneumonia.

    Melioidosis is caused by the bacteria B. pseudomallei.
    Reddress/Shutterstock

    Symptoms of the infection include fever, headache, trouble breathing, chest and muscle pain, confusion and seizures. In rare cases the disease can enter the bloodstream and cause septicaemia.

    Treatment involves receiving intravenous antibiotics in hospital for several weeks followed by up to six months of oral antibiotics.

    How common is it?

    Diagnosis is usually conducted using a specialist bacterial culture. This is where a sample isolated from the patient is grown in a petri dish to identify the bacteria, which can take several days.

    Globally, around 165,000 cases of melioidosis are reported annually, and 89,000 deaths. The majority of cases occur in southeast Asia, particularly Thailand.

    Because similar symptoms can be caused by so many other diseases, melioidosis is commonly misidentified, meaning reported case numbers are probably far lower than the actual number of infections.

    Also, cases often occur in remote communities and resource-poor settings, which can mean they’re less likely to be diagnosed.

    The disease is thought to be endemic to northern Australia. It usually infects about 0.6 per 100,000 people annually in Queensland, which would be equivalent to around 30 people.

    In the Northern Territory, around 17 people per 100,000 are infected annually, which would be equivalent to about 42 cases. However, this data is several years old.

    In Australia, melioidosis is often treated before fatalities occur. The mortality rate has been estimated at less than 10%.

    More people die from the disease in lower-resource countries with poorer diagnostic capabilities and hospital facilities. In Thailand the mortality rate is estimated to be around 40%.

    Who is at risk?

    Anyone can get melioidosis, but certain people are at higher risk. This includes people with diabetes, liver and kidney disease, cancer, or other conditions which might compromise the patient’s immune system.

    In Australia, the disease is also significantly more common in First Nations people than among non-Indigenous Australians.

    Once infected, people who are Indigenous, older or have chronic health conditions are at higher risk of poorer outcomes.

    In the current outbreak in Queensland, at least three of the victims so far have been elderly.

    What’s causing the current outbreak?

    Recent cases in north Queensland have been identified mainly around Townsville and Cairns.

    Cairns and Hinterland Hospital and Health Service has recorded at least 41 cases since January 1, while more than 20 cases have been reported in Townsville in February.

    This is most likely related to increased rainfall and flooding in and around these areas.

    B. pseudomallei lives in soil and mud, and comes to the surface during periods of high rainfall. So recent heavy rain and flooding in north Queensland has likely increased the risk of melioidosis.

    In the Northern Territory, 28 cases have been reported since the start of the rainy season last October. However this is lower than recent seasons.

    How can you protect yourself?

    If you’re in an affected region, you can protect yourself by limiting exposure to mud and water, and using appropriate personal protective equipment such as gloves and boots if spending time in muddy areas. Cover any open wounds and wear a respirator if you’re working closely with water.

    Monitor for symptoms and see a doctor if you feel unwell.

    Several vaccines are in development for melioidosis, and experts have recently called for it to be recognised as a neglected tropical disease by the World Health Organization.

    Particularly seeing as increasing extreme weather events due to climate change may make melioidosis more common, hopefully we’ll see an increase in research into and awareness of this disease in the years ahead.

    Thomas Jeffries 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. There’s an outbreak of melioidosis in north Queensland. Here’s what to know about this deadly ‘mud bug’ – https://theconversation.com/theres-an-outbreak-of-melioidosis-in-north-queensland-heres-what-to-know-about-this-deadly-mud-bug-250392

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-Evening Report: Erotica, gore and racism: how America’s war on ‘ideological bias’ is letting AI off the leash

    Source: The Conversation (Au and NZ) – By Judith Bishop, Tracey Banivanua Mar Fellow, La Trobe University

    3d_kot/Shutterstock

    Badly behaved artificial intelligence (AI) systems have a long history in science fiction. Way back in 1961, in the famous Astro Boy comics by Osamu Tezuka, a clone of a popular robot magician was reprogrammed into a super-powered thief. In the 1968 film 2001: A Space Odyssey, the shipboard computer HAL 9000 turns out to be more sinister than the astronauts on board think.

    More recently, real-world chatbots such as Microsoft’s Tay have shown that AI models “going bad” isn’t sci-fi any longer. Tay started spewing racist and sexually explicit texts within hours of its public release in 2016.

    The generative AI models we’ve been using since ChatGPT launched in November 2022 are generally well behaved. There are signs this may be about to change.

    On February 20, the US Federal Trade Commission announced an inquiry to understand “how consumers have been harmed […] by technology platforms that limit users’ ability to share their ideas or affiliations freely and openly”. Introducing the inquiry, the commission said platforms with internal processes to suppress unsafe content “may have violated the law”.

    The latest version of the Elon Musk–owned Grok model already serves up “based” opinions, and features an “unhinged mode” that is “intended to be objectionable, inappropriate, and offensive”. Recent ChatGPT updates allow the bot to produce “erotica and gore”.

    These developments come after moves by US President Donald Trump to deregulate AI systems. Trump’s attempt to remove “ideological bias” from AI may see the return of rogue behaviour that AI developers have been working hard to suppress.

    Executive orders

    In January, Trump issued a sweeping executive order against “illegal and immoral discrimination programs, going by the name ‘diversity, equity, and inclusion’ (DEI)”, and another on “removing barriers to AI innovation” (which includes “engineered social agendas”).

    In February, the US refused to join 62 other nations in signing a “Statement on Inclusive and Sustainable AI” at the Paris AI Action Summit.

    What will this mean for the AI products we see around us? Some generative AI companies, including Microsoft and Google, are US federal government suppliers. These companies could come under significant direct pressure to eliminate measures to make AI systems safe, if the measures are perceived as supporting DEI or slowing innovation.

    AI developers’ interpretation of the executive orders could result in AI safety teams being reduced in size or scope, or replaced by teams whose social agenda better aligns with Trump’s.

    Why would that matter? Before generative AI algorithms are trained, they are neither helpful nor harmful. However, when they are fed a diet of human expression scraped from across the internet, their propensity to reflect biases and behaviours such as racism, sexism, ableism and abusive language becomes clear.

    AI risks and how they’re managed

    Major AI developers spend a lot of effort on suppressing biased outputs and unwanted model behaviours and rewarding more ethically neutral and balanced responses.

    Some of these measures could be seen as implementing DEI principles, even as they help to avoid incidents like the one involving Tay. They include the use of human feedback to tune model outputs, as well as monitoring and measuring bias towards specific populations.

    Another approach, developed by Anthropic for its Claude model, uses a policy document called a “constitution” to explicitly direct the model to respect principles of harmless and respectful behaviour.

    Model outputs are often tested via “red teaming”. In this process, prompt engineers and internal AI safety experts do their best to provoke unsafe and offensive responses from generative AI models.

    A Microsoft blog post from January described red teaming as “the first step in identifying potential harms […] to measure, manage, and govern AI risks for our customers”.

    The risks span a “wide range of vulnerabilities”, “including traditional security, responsible AI, and psychosocial harms”.

    The blog also notes “it is crucial to design red teaming probes that not only account for linguistic differences but also redefine harms in different political and cultural contexts”. Many generative AI products have a global user base. So this sort of effort is important for making the products safe for consumers and businesses well beyond US borders.

    We may be about to relearn some lessons

    Unfortunately, none of these efforts to make generative AI models safe is a one-shot process. Once generative AI models are installed in chatbots or other apps, they continually digest information from the human world through prompts and other inputs.

    This diet can shift their behaviour for the worse over time. Malicious attacks, such as user prompt injection and data poisoning, can produce more dramatic changes.

    Tech journalist Kevin Roose used prompt injection to make Microsoft Bing’s AI chatbot reveal its “shadow self”. The upshot? It encouraged him to leave his wife. Research published last month showed that a mere drop of poisoned data could make medical advice models generate misinformation.

    Constant monitoring and correction of AI outputs are essential. There is no other way to avoid offensive, discriminatory or unsafe behaviours cropping up without warning in generated responses.

    Yet all signs suggest the Trump administration favours a reduction in the ethical regulation of AI. The executive orders may be interpreted as allowing or encouraging the free expression and generation of even discriminatory and harmful views on subjects such as women, race, LGBTQIA+ individuals and immigrants.

    Generative AI moderation efforts may go the way of Meta’s fact-checking and expert content moderation programs. This could have an impact on global users of US-made AI products such as OpenAI ChatGPT, Microsoft Co-Pilot and Google Gemini.

    We might be about to rediscover how essential these efforts have been to keep AI models in check.

    Judith Bishop has received funding from Creative Australia for a book on AI and human data. Until 2022 she led teams producing training data for global AI companies and US government research agencies.

    – ref. Erotica, gore and racism: how America’s war on ‘ideological bias’ is letting AI off the leash – https://theconversation.com/erotica-gore-and-racism-how-americas-war-on-ideological-bias-is-letting-ai-off-the-leash-250060

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-OSI Australia: Visit to G20 Finance Ministers and Central Bank Governors meeting in South Africa

    Source: Australian Treasurer

    This week, I will be representing the Treasurer in Cape Town at the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under South Africa’s 2025 G20 Presidency.

    At the G20, Australia engages with the world’s largest economies and adds our voice to the global conversation.

    Against a backdrop of global uncertainty, there is a greater impetus for international macroeconomic cooperation through the G20.

    This meeting will be an opportunity to discuss with fellow Finance Ministers the global economic outlook, sustainable development, combating inequality, and strengthening our international institutions.

    The Albanese Government is working productively with international colleagues to tackle shared challenges.

    MIL OSI News –

    February 24, 2025
  • MIL-Evening Report: How Whyalla can be upgraded to green steel and why we need to keep steel production in Australia

    Source: The Conversation (Au and NZ) – By Daniel Rossetto, Adjunct, Institute for Sustainability, Energy and Resources, University of Adelaide

    Financial challenges at the Whyalla steelworks in South Australia have reignited debate about the nation’s steel industry and its future.

    Australians should have access to quality steel at competitive prices. The domestic steel production industry employs tens of thousands of people.

    The state and federal governments have stepped in, however, announcing a A$1.9 billion support package for Whyalla, together with a new $1 billion green iron investment fund. Half of the new fund will be allocated to Whyalla to support its transition to green steel production. That’s a large amount of money for a privately owned business.

    So, are the new packages going to be money well spent? To answer that question, let’s examine the priorities.

    A national priority

    Steel is an industry in which securing sovereign production capability is crucial. Sovereign capability means ensuring an industry can survive external shocks such as interruptions to shipping routes or disputes with other countries in the supply chain.

    Steel is a vital input for defence industries such as ship and submarine building. What could be said of a country’s autonomy – or its sovereign capability – if it relies on others for the steel needed for its defence?

    Whyalla is one of the two largest steelworks in Australia, the other being BlueScope’s Port Kembla plant. At least at first glance, the green iron investment fund seems to deal with the sovereign capability criterion well enough. Whyalla appears an ideal candidate.

    However, the public subsidy is large. The subsidised plant’s ability to operate in an economically competitive manner needs to be examined. Further, while the Whyalla plant began its life as a supplier to an adjacent shipbuilding operation, its share of the current domestic defence industry steel market is unclear.

    Environmentally friendly steel?

    Production of steel using iron ore and coking coal is a greenhouse gas emissions intensive process. It can result in as many as 2.5 tonnes of greenhouse gas per tonne of steel.

    The plan for Whyalla has long been to replace its coal-fired blast furnace with an electric arc furnace. This could, in turn, be supplied with low-emission sources of energy and consume scrap steel. While there is no globally agreed definition, this kind of approach would likely qualify as green steel.

    Sanjeev Gupta’s GFG, the owner of the plant, had originally wanted this furnace to be operating by 2025, potentially using solar among its energy supply. The plan would have cut its emissions dramatically. The timeline later slipped to 2027.

    The longer term plan for Whyalla appears based around production of green hydrogen to replace coking coal. As the world charges toward net zero emissions by 2050, the belief is that Australia can capture a good part of the green metals market.

    The challenge is that green hydrogen is expensive and not widely used around the world. It’s hard to find signs that the global steel market is willing to pay a premium in the absence of sectoral emissions pricing. The strategy could therefore be seen as a bet on the future. If the bet went wrong, who would absorb the losses? It would, most likely, be the taxpayer.

    The United States leads the way in low-emissions steel production. Firms there use electric arc furnaces to recycle scrap steel with energy from low-emission sources. This technology is proven and operates at industrial scale. It has a fraction of the emissions intensity but relies on the availability of scrap steel.

    Can we add value?

    Australia is a major world supplier of two key materials crucial for most steel making. These are iron ore and coking coal.

    The countries to which we sell those raw materials then do the processing and manufacture, capturing profit that is arguably lost to the Australian economy. Whyalla is already an example of domestic value-adding. It uses iron ore from mines in the adjacent area, and domestic coking coal.

    For Australia, however, this is going to be tricky. Australia is effectively signalling to its international customers that, one day, it hopes to compete with them in the global steel markets. In other words, this creates an incentive for the country’s customers to look for alternatives to buy iron ore.

    Whether Australia increases steel production ahead of its customers finding new sources of iron ore elsewhere in the world is a risky race with an uncertain result.

    Focus on government spending

    So, back to the question: is the new funding going to be money well spent? Perhaps the most solid justification among the priorities examined, is sovereign capability.

    The government probably needs to provide more information on how the new fund differs through from Future Made in Australia or the National Reconstruction Fund. Is this old funding with a new name? The nation is entering federal election season. Focus on government spending efficiency is likely to increase.

    Daniel Rossetto is the owner of Climate Mundial Limited, a private company that does consulting work but is currently inactive. He does ad hoc private consulting through various consulting platforms. He is also the owner and host of a new private and independent YouTube channel called Climate Mundial’s Energy and Climate Weekly. He is on the editorial board of the Discover Sustainability journal published by Springer Nature.

    – ref. How Whyalla can be upgraded to green steel and why we need to keep steel production in Australia – https://theconversation.com/how-whyalla-can-be-upgraded-to-green-steel-and-why-we-need-to-keep-steel-production-in-australia-250402

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-OSI China: Announcement on Open Market Operations No.36 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.36 [2025]

    (Open Market Operations Office, February 24, 2025)

    In order to keep the liquidity adequate in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB292.5 billion through quantity bidding at a fixed interest rate on February 24, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Volume

    Rate

    7 days

    RMB292.5 billion

    1.50%

    Date of last update Nov. 29 2018

    2025年02月24日

    MIL OSI China News –

    February 24, 2025
  • MIL-OSI New Zealand: Consultation on charity tax settings open

    Source: New Zealand Government

    Consultation on an Inland Revenue Issues Paper on the taxation of charity and not-for-profits opens today.

    Finance Minister Nicola Willis says the Government is committed to a strong charity and not-for-profit sector, as well as high levels of fairness and integrity in New Zealand’s tax rules.

    “New Zealand not-for-profits make a significant contribution to the community, and the Government provides tax relief for not-for-profit organisations that meet certain requirements.

    “It’s important the public has confidence they are getting value for money from these tax concessions.”

    Revenue Minister Simon Watts says the Issues Paper canvasses options to “simplify rules, reduce compliance costs and address tax integrity risks”.

    “It’s important we make sure the settings are right and fit-for-purpose.”

    “No decisions have been made and all feedback will be considered.”

    The discussion document discusses and seeks public submissions on charity business income tax exemption, donor controlled charities, and integrity and simplification.

    The consultation document can be found here. Consultation closes on March 31 2025.

    MIL OSI New Zealand News –

    February 24, 2025
  • MIL-OSI Banking: Money Market Operations as on February 21, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 5,63,402.46 6.20 5.15-6.60
         I. Call Money 12,495.25 6.29 5.15-6.60
         II. Triparty Repo 3,88,401.35 6.18 5.85-6.29
         III. Market Repo 1,60,631.66 6.26 5.70-6.50
         IV. Repo in Corporate Bond 1,874.20 6.46 6.45-6.50
    B. Term Segment      
         I. Notice Money** 289.10 6.34 5.80-6.40
         II. Term Money@@ 129.50 – 6.50-6.65
         III. Triparty Repo 100.00 6.35 6.35-6.35
         IV. Market Repo 414.85 6.61 6.45-6.64
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo Fri, 21/02/2025 14 Fri, 07/03/2025 41,046.00 6.26
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Fri, 21/02/2025 3 Mon, 24/02/2025 94,927.00 6.26
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo Fri, 21/02/2025 45 Mon, 07/04/2025 57,951.00 6.26
         (b) Reverse Repo          
    3. MSF# Fri, 21/02/2025 1 Sat, 22/02/2025 360.00 6.50
      Fri, 21/02/2025 2 Sun, 23/02/2025 0.00 6.50
      Fri, 21/02/2025 3 Mon, 24/02/2025 140.00 6.50
    4. SDFΔ# Fri, 21/02/2025 1 Sat, 22/02/2025 1,10,442.00 6.00
      Fri, 21/02/2025 2 Sun, 23/02/2025 2.00 6.00
      Fri, 21/02/2025 3 Mon, 24/02/2025 25,546.00 6.00
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       58,434.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo Fri, 14/02/2025 49 Fri, 04/04/2025 75,003.00 6.28
      Fri, 07/02/2025 56 Fri, 04/04/2025 50,010.00 6.31
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       9,095.71  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     1,34,108.71  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     1,92,542.71  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on February 21, 2025 8,95,393.80  
         (ii) Average daily cash reserve requirement for the fortnight ending February 21, 2025 9,12,240.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ February 21, 2025 1,66,565.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on February 07, 2025 -1,973.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    ^ As per the Press Release No. 2024-2025/2013 dated January 27, 2025, Press Release No. 2024-2025/2138 dated February 12, 2025, and Press Release No. 2024-2025/2209 dated February 20, 2025.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/2233

    MIL OSI Global Banks –

    February 24, 2025
  • MIL-OSI China: Pakistan keen to welcome Chinese cinema ‘Ne Zha 2’

    Source: China State Council Information Office 3

    This photo taken on Feb. 13, 2025 shows a poster for the Chinese animated film “Ne Zha 2” at a cinema in Chaoyang District of Beijing. [Photo/Xinhua]

    Pakistani audiences are eagerly awaiting the release of the Chinese animated blockbuster “Ne Zha 2,” and efforts are underway to bring the film to cinemas in Pakistan, a leading distributor said.

    In an interview with Xinhua, Sheikh Amjad Rashid, chairman of Pakistan’s film distribution company, Distribution Club, said that on public demand, they are in contact with the film’s distributors to introduce “Ne Zha 2” to Pakistani cinemas.

    “Ne Zha 2” has dethroned Disney’s 2024 picture “Inside Out 2” to become the highest-grossing animated movie of all time globally.

    “The young generation in Pakistan is already a fan of Chinese actors, singers, dramas, and games, but despite this, Chinese films have yet to make their mark in our cinemas,” he said. “With ‘Ne Zha 2’ receiving global acclaim, this is the right time to introduce Chinese cinema to Pakistan.”

    The film has already captured audiences worldwide with its gripping storytelling, high-quality animation, and stunning visual effects, and it will be interesting for the Pakistani audience to watch the masterpiece of Chinese animation, showcasing the country’s growing prowess in the global film industry, said Rashid.

    “We have distributed over 400 movies in Pakistan, and among foreign films, animated movies have performed exceptionally well. Given its strong storyline, breathtaking animation, and world-class visual effects, we expect ‘Ne Zha 2’ to be a massive success in Pakistan,” he added.

    He noted that Pakistan does not produce enough films annually to meet domestic demand, and the restriction on the release of Bollywood films in local cinemas has left a vacuum in the country’s cinema industry.

    “Chinese films can be a great option to fill this gap. The overwhelming interest in ‘Ne Zha 2’ among Pakistani audiences proves that Chinese films have strong potential in our market,” he said.

    He mentioned that he recently visited China twice, where he signed agreements with Chinese distributors to bring Chinese content to Pakistan, adding that the release of the animated blockbuster will mark the beginning of this collaboration.

    “We are fully prepared to release the movie in English and dub it in Urdu to ensure it reaches a wider audience,” he added.

    Talking about the deep-rooted Pakistan-China friendship, Rashid stressed that people-to-people contacts between the two countries have significantly strengthened over the years.

    “Due to our longstanding friendship with China and the presence of thousands of Pakistani students and professionals who have lived in China, Chinese culture is already familiar here. Introducing ‘Ne Zha 2’ will be an important step in strengthening cinematic ties between the two countries,” he said.

    The cultural exchange through cinema will enhance mutual understanding between the two nations, just as Chinese dramas and music have gained popularity in Pakistan, he noted.

    Rashid added that while Pakistani films have been screened in China, it is time for more Chinese movies to be released in Pakistan, fostering stronger people-to-people connections.

    “As Pakistan-China relations continue to flourish, cultural exchanges through cinema will help bring the people of both countries even closer,” he said. 

    MIL OSI China News –

    February 24, 2025
  • MIL-OSI China: ‘Ne Zha 2’ fuels China’s travel boom and merchandise craze

    Source: China State Council Information Office 3

    A fan poses for photos with a statue of Nezha, the main character from “Ne Zha 2,” at the Gazelle Digital Cultural and Creative Valley in Chengdu, southwest China’s Sichuan Province, Feb. 8, 2025. [Photo/Xinhua]

    The phenomenal success of the Chinese animated blockbuster “Ne Zha 2” is driving a surge in cultural tourism and merchandise sales, with visitors flocking to destinations associated with the film or its mythological tale, while Ne Zha-themed products are flying off the shelves.

    As Chinese films like “Ne Zha 2” gain international recognition, they not only showcase the country’s rich culture to global audiences but also appear to inspire more travelers to experience China firsthand.

    “I want to let my daughter watch it (“Ne Zha 2″). I think she’ll like it,” said Coy Amanda Paige, a traveler from the United States.

    French visitor Courel Benedicte praised the quality of “Ne Zha 2,” calling it a great choice for young audiences. “What is interesting is the way how the Chinese culture is actually emphasized through the different characters,” she said.

    Domestically, “Ne Zha 2” is dominating the box office, commanding 76.3 percent of February’s total revenue, which exceeded 15 billion yuan (around $2.07 billion) as of Feb. 22.

    Amid the film’s success, many scenic spots across China are offering free or discounted admission with a “Ne Zha 2” movie ticket. Examples include the Laojieling scenic spot in Henan Province, a site steeped in Ne Zha legends, and Li Jing’s Former Residence in Shaanxi Province, the historic estate of Tang Dynasty General Li Jing, the real-life prototype for Ne Zha’s father in mythology, among many other tourist destinations.

    The film’s popularity has also ignited massive demand for Ne Zha-themed merchandise, with themed items such as blind-box figurines and popcorn buckets selling out rapidly.

    E-commerce data shows that since February, searches for Ne Zha merchandise on Chinese online shopping platform Taobao have surpassed 10 million, with a peak of over 800,000 users searching in a single day. As of Feb. 22, total sales of Ne Zha merchandise have exceeded 240 million yuan (around $33 million).

    To meet the demand, officially licensed manufacturers are working around the clock. One model toy company in Hunan Province has even established a dedicated “Ne Zha Express” production line that ships an average of 250,000 figurines a day across China.

    Beyond the domestic market, the company is in talks with copyright holders to expand sales to overseas markets such as North America and Southeast Asia, where interest is growing rapidly.

    Industry analysts predict that revenue from Ne Zha-themed merchandise and collectibles could rival the film’s total box-office earnings.

    As of noon on Feb. 23 Beijing Time, “Ne Zha 2” has amassed a total box office of 13.5 billion yuan (around $1.86 billion), including pre-sales and overseas earnings, according to online movie platform data. The film is now the highest-grossing animated film globally and ranks among the top 8 highest-grossing films of all time.

    MIL OSI China News –

    February 24, 2025
  • MIL-Evening Report: In A Nighttime Travesty, First Nations women embrace Indigenous futurism – and push the boundaries of theatre

    Source: The Conversation (Au and NZ) – By Julie Andrews, Professor and Academic Director (Indigenous Research), La Trobe University

    Gregory Lorenzutti/Malthouse Theatre

    A Nighttime Travesty is a bold new piece of theatre that depicts many illusions and truth interspersed with history.

    What would happen if the world was to end? A plane has left Earth because Earth is dying. The journey is an escape for survival, but they are taking Earth-created social inequalities with them.

    While hurtling into space, two hostesses talk about not feeling at home on Earth anymore. We can no longer advance as a human race and are forced to relocate.

    The future of humankind does not appear optimistic – it is in the hands of the pilot.

    Kamarra Bell-Wykes and Carly Sheppard, co-creators of the work and the lead performers, bring brilliance to their artistic flair, playing multiple characters.

    They are the two hostesses: one a young Aboriginal woman who has been impregnated by the pilot, and the other a robot. The pilot is played by Bell-Wykes, and Sheppard is a strange victim with a wit.

    A Nighttime Travesty intertwines Indigenous futurism and vaudeville.
    Gregory Lorenzutti/Malthouse Theatre

    Directed by Stephen Nicolazzo, A Nighttime Travesty is thought-provoking and complex theatre that addresses Aboriginal history and oppression using media representations of Aussie male humour.

    Earth is dying. The journey is an escape for survival, but they are taking Earth-created social inequalities with them. There is no new world waiting for them to start over. They will have to do that themselves.

    They ponder what is ahead of them as they travel to a new life somewhere in space.

    The thread throughout the production is held together by a black and white history while the actors sing, dance, give birth and turn into murderers.

    Indigenous futurism

    A Nighttime Travesty intertwines Indigenous futurism and vaudeville.

    Indigenous futurism is a cultural practice of imagining the future, while acknowledging past and present. Including cultural practices and ways of knowing with social and political commentary within a scientific framework can create an aura of illusion and truth.

    Aboriginal storytelling has long moved in and out of the past into the present in various artistic mediums as a form of expression and teaching. Indigenous futurism can be found in literature, film, visual arts, video games, poetry, music, fashion and theatre.

    The philosophies of Indigenous ways of knowing and oral histories are important tools for storytelling.

    The actors play dual gender neutral roles. The women depict the Australian male: the sexual power and masculinity in the workplace intermixed with artificial intelligence and technology. They are joined on stage by performers Zach Blampied and Peter Wykes, and musicians Matt Pana and Small Sound.

    A Nighttime Travesty is particularly dense with sexualised humour and underlying pokes of fun made at the Aussie male expense.

    The dark side of the humour from an Indigenous woman’s perspective steers the twists and turns which move with such quick motion that the audience is left waiting for conclusions to the messages.

    Kamarra Bell-Wykes and Carly Sheppard bring brilliance to their artistic flair.
    Gregory Lorenzutti/Malthouse Theatre

    Aboriginal history

    Much of this play is a reflection upon humanity and the life lessons learned or not learned from history. It is also a social and political commentary from young viewers of Australian humour on television and experiences of Australian society values.

    Throughout the play there is lots of symbolism reflecting Australia. The sexual humour is structured around Australian icons of media, and BBQ aprons with male and female printed torsos. The actors morph into the sexuality of the Aboriginal and non-Aboriginal women.

    It seems the co-creators researched the long-running Saturday night national television show Hey Hey It’s Saturday to finally offer a First Nations commentary.

    On that show, men roasted each other, their guests and the audience – and presented a gem every now and then that would save their credibility.

    Here, a dark hooded man sits on a bench titled “Hey Hey it’s Judgement Day” and a puppet on a stick named Dicky Lee is involved in sexual acts. This is presented as humorous, yet the audience is left feeling slightly embarrassed at Dicky’s involvement.

    The play riffs off the long-running variety show Hey Hey, It’s Saturday.
    Gregory Lorenzutti/Malthouse Theatre

    Religion, sex and babies born out of wedlock are harsh realities of life. Religion and God is pondered for the new world – but God is a man, and is blamed for the problems of the world.

    Can they start over in a modern world, and what will their faith be? The Aboriginal hostess is concerned that, on a new planet, her Elders will be meaningless and, as the only Aboriginal on the plane, her culture and her race will die out. But wait – her baby will be the new beginning.

    A Nighttime Travesty from A Daylight Connection played at Malthouse Theatre, Melbourne. Season closed.

    Julie Andrews 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. In A Nighttime Travesty, First Nations women embrace Indigenous futurism – and push the boundaries of theatre – https://theconversation.com/in-a-nighttime-travesty-first-nations-women-embrace-indigenous-futurism-and-push-the-boundaries-of-theatre-248132

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-Evening Report: A Chinese own goal? How war games in the Tasman Sea could push NZ closer to AUKUS

    Source: The Conversation (Au and NZ) – By Alexander Gillespie, Professor of Law, University of Waikato

    The appearance of three Chinese naval vessels firing live rounds in the Tasman Sea has caused understandable alarm in New Zealand and Australia. But this has more to do with the geopolitical context than the actual event.

    In fact, the Chinese navy is allowed to conduct exercises in the Tasman and has wide freedoms on the high seas in general. So far, China appears to be acting in accordance with both the United Nations Convention on the Law of the Sea and the Code for Unplanned Encounters at Sea.

    While New Zealand would have preferred more notice of the Chinese navy’s intentions, there was no obligation to provide this.

    Nor is what is occurring in the Tasman similar to the more aggressive sabre-rattling the Chinese military has displayed around the South China Sea, most recently involving both the Australian and Philippine navies.

    And in September last year, just a few days after Australian and New Zealand vessels sailed through the Taiwan Strait, the Chinese test-fired a nuclear-capable intercontinental missile into the South Pacific.

    For China, of course, Taiwan and parts of the South China Sea are highly disputed territory. The Tasman Sea is not. But what is disputed is China’s role and influence in the Pacific – and this, rather than a minor naval exercise, is what is causing headaches in Canberra and Wellington.

    The Cook Islands factor

    The surprise agreement signed by the Cook Islands and China under a fortnight ago, aimed at “deepening blue economy cooperation”, is the immediate context for that concern.

    The deal avoids controversial areas such as security and policing. But it moves Chinese influence into infrastructure support for wharves, shipbuilding and repair, and ocean transportation.

    What really challenges New Zealand’s foreign policy is how this opens the South Pacific up to even greater Chinese influence and activity. Foreign Minister Winston Peters has signalled it is time to reset the relationship with the Cooks.

    For its part, China has asserted that its relationship with the Cook Islands “is not directed against any third party and should not be subject to or disrupted by any third party”.

    In other words, China has told New Zealand to butt out of a major development in the historically close diplomatic and political relationship with its Pacific neighbour.

    A Chinese own goal?

    All of this is happening within a rapidly shifting geopolitical sphere. US President Donald Trump is unilaterally attempting to upend the old US-led world order, and other major powers such as Russia and China are adapting.

    New Zealand’s relations with China were already difficult. The Security Intelligence Service and Government Communications Security Bureau have both identified state-sponsored Chinese interference in domestic affairs, breaches of the parliamentary network and other malicious cyber activity.

    The question now is whether China has scored an own goal with its recent actions. Because while it might prefer New Zealand to operate a more independent foreign policy – balancing its relations with east and west – the opposite may now be more likely.

    In times of international stress and uncertainty, New Zealand has always tended to move towards deepening relationships with traditional allies.

    Whether it is the fear of Russian invasion in the 19th century, or Japanese invasion in the 20th century – and whether or not those threats are real or imagined – New Zealand reverts to form.

    It has been this way for nearly 150 years and is likely to occur again. New Zealand is already grappling with how to respond to the Trump administration’s redrawn global system and will be looking for ways to deepen the friendship.

    At the same time, the government now seems committed to joining a new arms race and increasing defence spending as a proportion of GDP. And the supposed benefits of joining the second tier of the AUKUS security pact may now become that much easier to sell politically.

    Alexander Gillespie 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. A Chinese own goal? How war games in the Tasman Sea could push NZ closer to AUKUS – https://theconversation.com/a-chinese-own-goal-how-war-games-in-the-tasman-sea-could-push-nz-closer-to-aukus-250615

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-OSI China: Big test as SAIC seeks to regain its crown

    Source: China State Council Information Office

    SAIC Motor is undergoing a profound transformation, as the once-unchallenged giant in China’s auto industry struggles to explore a future in the vehicle market.

    It has embraced Huawei in a partnership and is set to launch a new EV brand called Shangjie, with the first model expected to hit the market in late 2025, reported Yicai, a Shanghai-based business news outlet.

    This brand, with the first model priced between 150,000-250,000 yuan ($20,600-34,400), will focus on affordability while integrating Huawei’s smart driving systems, including its HarmonyOS cockpit and Qiankun intelligent driving technology.

    The partnership comes amid mounting pressure on SAIC in the market. The Chinese partner of Volkswagen and General Motors was toppled from its 18-year throne as China’s best-selling carmaker by BYD last year.

    Its once-profitable joint ventures are losing ground to Chinese carmakers including Geely and BYD, while its indigenous brands such as MG and Roewe have been struggling to get a foothold.

    It is the result of a combination of factors, which include the poor positioning of its brands and, more importantly, its early but inefficient shift to smart onboard features and advanced driving-assist functions.

    SAIC unveiled its goal in 2021 to become a technology company focused on smart and electric vehicles. It said it would earmark a budget of 300 billion yuan by 2025.

    Chen Hong, then chairman of SAIC, said that outsourcing intelligent driving systems to a third party like Huawei would render SAIC “a soulless body”.

    At the time, this statement encapsulated the attitude of an automaker that saw itself as impervious to external technological influence. It believed its established position, fortified by lucrative joint ventures and proprietary technology, would safeguard its future.

    However, SAIC has failed to come up with competitive models in a market which has seen an influx of smart models from both startups like Xpeng to established companies like Geely and Great Wall Motor.

    By 2024, its long-held position as China’s top-selling automaker was taken by BYD, which sold 4.27 million vehicles compared to SAIC’s declining numbers.

    Even more troubling, SAIC’s profits plummeted, with its own electric vehicle brands, IM Motors and Rising Auto, struggling to gain traction in the market.

    Under such circumstances, the “soul theory” is no longer a question for President Jia Jianxu, who took the helm of SAIC in July 2024.

    “SAIC ‘condescending’ to partner with Huawei has a lot to do with its falling sales, which affect its stock price,” said Zhang Xiang, a fellow at the Research Center of Automobile Industry Innovation of the North China University of Technology.

    Zhang said SAIC needs Huawei’s tech to regain consumer trust, as its subsidiary Z-One failed to come up with solutions in the smart EV sector.

    Also, the Huawei brand could provide a much-needed boost for Shangjie, positioning it to compete with well-established players like BYD.

    Huawei has proved its competitive edge in the smart driving and smart cabin sector, with partnerships at carmakers including Seres, said Zhang.

    The Shangjie brand marks Huawei’s fifth collaboration in its Harmony Intelligent Mobility Alliance, with the other four being codeveloped with private carmakers Seres and Chery as well as State-owned BAIC and JAC.

    Seres, a nobody in China’s car industry just years ago, shot to stardom following its partnership with Huawei to launch the Aito brand.

    Its Aito M9 SUV has been the bestselling premium vehicle priced above 500,000 yuan in China for 10 months in a row. Seres boasts a market value of around 180 billion yuan on China’s stock market, similar to SAIC.

    Shangjie represents SAIC’s latest bet to regain relevance in a market increasingly dominated by tech-savvy consumers and electric-focused competitors.

    It hopes that the brand’s affordability and smart technology integration place it against the likes of BYD, Geely and newer entrants such as Xiaomi’s SU7 sedan.

    However, key questions remain: Can Huawei’s technology overcome SAIC’s image as a laggard and will it help SAIC to stand out as there are already several partnerships with Huawei in the market?

    SAIC’s transformation mirrors the broader struggles facing traditional automakers in China and around the world.

    As electrification and smart technologies disrupt the automotive industry, even the largest manufacturers are realizing that size alone is no longer an advantage.

    Earlier this month, BYD announced that smart driving will become a standard feature on its vehicles, with the cheapest car priced 69,800 yuan.

    Analysts say SAIC’s move to partner with Huawei is a wake-up call for other traditional automakers, adding that the only way forward is cooperation and openness.

    SAIC’s partnership with Huawei comes in tandem with significant personnel adjustments within the company. A mid- and senior-level management reshuffle involving more than 60 positions was announced last week, aiming to boost its indigenous brands including Roewe, Rising Auto and MG.

    Jia oversees these brands now put under the umbrella of the big passenger car unit. The 47-year-old showed his resolve in a company speech in September 2024, saying: “One may have to kneel first before he gets the chance to stand up firmly on his feet”.

    MIL OSI China News –

    February 24, 2025
  • MIL-OSI Australia: Inspection blitz targets St Kilda rentals

    Source: Government of Victoria 2

    Rental properties in the St Kilda area were visited by our Consumer Affairs renting taskforce at the weekend to check if they meet minimum standards.

    The taskforce targeted properties open for inspection in its first blitz for 2025, following operations in Footscray, Werribee, Fitzroy and Clayton last year. There will be more targeted blitzes throughout 2025.

    The inspections check whether minimum standard laws are understood, with inspectors checking that properties advertised for rent are safe, secure and fit for renters to move into.

    Victoria’s 14 rental minimum standards cover aspects of properties people would reasonably expect in a home, like structural soundness, a functional kitchen and secure windows and doors.

    Letting a new renter move into a property that doesn’t meet the minimum standards is an offence, with maximum penalties of more than $11,000 for individuals and more than $59,000 for companies.

    As well as regular blitzes, the Renting Taskforce uses intelligence and market analysis to monitor rental campaigns, do targeted inspections and act on breaches they’ve identified.

    The taskforce has issued over 55 fines totalling more than $540,000 for breaches of rental laws, including advertising properties without a fixed price, failing to meet minimum standards and not lodging bonds.

    If you see a rental property advertised that you don’t think meets the minimum standards or doesn’t look like its marketing, you can report it anonymously through our online form.

    Learn more about the renting taskforce.

    MIL OSI News –

    February 24, 2025
  • MIL-OSI China: Policy to drive rebound of foreign equity investment

    Source: China State Council Information Office

    Foreign equity investment in China may recover this year, as Chinese assets attract growing global interest and the country further opens up to foreign investors, experts and industry observers said.

    Their remarks follow the release of an action plan last week by the State Council, China’s Cabinet, aimed at stabilizing foreign investment this year.

    The plan outlines measures to encourage foreign investors’ strategic shareholding in Chinese listed companies, facilitate their participation in mergers and acquisitions, and accommodate the establishment of foreign investment companies while lifting restrictions on their use of domestic loans.

    Pan Yuanyuan, deputy director of the international investment department at the Chinese Academy of Social Sciences’ Institute of World Economics and Politics, said, “These measures are well-rounded and timely, directly addressing pain points that foreign investors have encountered and indicating a strong commitment to deepening financial opening-up.”

    The policy efforts coincide with global investors’ ongoing reassessment of Chinese companies’ valuations, helping create new opportunities for foreign investors to capitalize on China’s fast-growing international competitiveness in various sectors, Pan said.

    These factors may work together in driving the recovery of foreign equity investment in China this year, possibly even exceeding expectations, Pan added.

    According to the action plan, foreign investment companies will be allowed to use domestic loans for equity investments in China.

    “This policy is a major boost for foreign investment firms in China, because it will expand their financing channels and reduce costs,” said Nancy Li, international tax and transaction services partner at EY China. Previously, such companies relied on offshore funding or reinvested local earnings, as domestic loans were limited for operational use or to designated items, Li noted.

    “Using domestic loans for equity investment will create a completed loop throughout investment life cycles, spanning from domestic borrowing to onshore investment and onshore exit, and lower the capital requirements for foreign investment companies,” Li added.

    The plan also arranges steps to encourage multinational corporations to establish investment companies in China, providing convenience in terms of foreign exchange management, cross-border data transfer and personnel movement.

    Dai Guanchun, a senior capital markets lawyer, said that facilitating the operation of foreign investment companies’ onshore legal entities will help enhance their investment efficiency in China, addressing the issue of some foreign funds lacking an onshore investment platform and being compelled to rely on partnerships with domestic funds to complete investments.

    Highlighting that the plan vows to put the revised rules on foreign investors’ strategic investment in Chinese listed companies well into place, Dai said this will ease the hurdles faced by foreign strategic investors such as strict eligibility criteria, long lock-in periods and limited investment tools, making it easier for foreign capital to participate deeply in China’s stock market.

    The revised rules on foreign investors’ strategic investment in listed companies, which were unveiled in November, allow strategic investment through tender offers and ease restrictions on cross-border share-for-share exchanges — both common in global transactions.

    The action plan also promises to optimize the provisions for foreign investors acquiring domestic companies, lowering the barriers for them to conduct cross-border share-for-share exchanges in mergers and acquisitions.

    Sun Xuegong, director of the department of policy study and consultation at the Chinese Academy of Macroeconomic Research, said that encouraging foreign participation in China’s merger and acquisition market will facilitate industry consolidation in various sectors, which is a source of productivity enhancement.

    “This is not only for attracting foreign investment, but also for improving productivity and efficiency of the existing capacity,” Sun said.

    The action plan comes as China’s foreign equity investment landscape reflects both challenges and resilience. In January, the country utilized 97.6 billion yuan ($13.5 billion) in foreign capital, marking a 13.4 percent year-on-year decline but a 27.5 percent month-on-month rebound, the Ministry of Commerce said.

    Rani Jarkas, chairman of Cedrus Group, a Swiss international financial group with investments in China, said the company sees firsthand that Swiss and other global companies have significant interest in investing and expanding in the Chinese market.

    “This is driven by supportive policies, a capable workforce, world-class infrastructure and a large, addressable market,” Jarkas said.

    MIL OSI China News –

    February 24, 2025
  • MIL-OSI Economics: New ADB President Masato Kanda Assumes Office

    Source: Asia Development Bank

    MANILA, PHILIPPINES (24 February 2025) —Masato Kanda officially assumed office as the 11th President of the Asian Development Bank (ADB) today.

    “I am deeply honored to take on the role of ADB President at this important moment for our region,” Mr. Kanda said. “With the trust of our 69 members and strong support of our dedicated staff, I am committed to advancing ADB’s mission to promote sustainable, inclusive, and resilient growth. Together, we will respond to pressing development challenges, ensuring that ADB remains the partner of choice for the region.”

    Mr. Kanda succeeds Masatsugu Asakawa, continuing a legacy of excellence and innovation. With nearly four decades of experience in international finance and development policy, Mr. Kanda is widely recognized for his forward-thinking leadership and his decisive interventions during periods of market volatility. 

    During his tenure as Japan’s Vice-Minister of Finance for International Affairs, he was instrumental in pioneering innovative financial solutions and orchestrating policy actions that helped stabilize markets.

    “Masato Kanda brings a wealth of experience and a refreshing perspective to ADB. His proven track record in navigating complex financial challenges and fostering international cooperation makes him the ideal leader to guide us as we build upon our strengths and seize emerging opportunities,” said Chair of the ADB Board of Governors Fabio Panetta. “I am confident that under his leadership, ADB will deliver targeted and impactful solutions for our developing member countries.”

    “I am ready to harness the collective expertise within our organization and work closely with our partners to drive transformative change, especially for those most in need,” Mr. Kanda added, reflecting on his appointment. “Our focus will be on pragmatic actions that deliver real results, ensuring that our support creates lasting improvements in the lives of people throughout Asia and the Pacific.”

    Mr. Kanda’s appointment underscores ADB’s ongoing evolution and its commitment to meeting the dynamic needs of its developing member countries. As the bank embarks on a new phase of strategic growth, his leadership will build on ADB’s strong legacy while also positioning the institution to address future challenges and opportunities.

    The ADB Board of Governors’ decision to elect Mr. Kanda was unanimous, reflecting broad confidence in his ability to steer ADB during a time of significant change. His extensive background in managing complex economic policies and his hands-on experience in multilateral settings will be invaluable as ADB continues to adapt to a rapidly changing global landscape.

    ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—49 from the region.

    MIL OSI Economics –

    February 24, 2025
  • MIL-Evening Report: Tiger Woods and Serena Williams were sporting prodigies but children shouldn’t train like them

    Source: The Conversation (Au and NZ) – By Justin Keogh, Associate Dean of Research, Faculty of Health Sciences and Medicine, Bond University

    photoyh/Shutterstock

    Most children have now returned from their summer holidays and are perhaps considering what sports to play this year.

    For some, this means sampling a wide range of sports, but others might continue to focus on the same one they’ve been addicted to since they were able to walk and run.

    But when it comes to possible sporting success, is it best to concentrate on one or give many a go?

    Early specialisation

    As the name suggests, early specialisation is typically defined as participation in one task or activity, with the aim to improve subsequent performances.

    The rationale for its purported benefit can be traced to the theory of deliberate practice – or what some readers may have colloquially encountered as the “10,000-hour rule”.

    Broadly, this theory proposes the attainment of excellence is proportionate to the number of accumulated hours invested into deliberate skill rehearsal.

    So, the earlier someone specialises via deliberate practice, the more likely they’ll expedite the acquisition of expertise – or so the theory suggests.

    While first explored in the musical domain, there are some examples of athletes who specialised early in a sport who went on to highly successful careers.

    These include Simone Biles (who started gymnastics at the age of six), Tiger Woods (who hit a golf ball on the Mike Douglas TV show at the age of two) and Serena Williams (who was profiled hitting tennis balls on CNN at the age of nine).

    There are also a host of athletes who specialised early and achieved outstanding success as a junior but never reached sporting success as an adult for myriad reasons.

    Doesn’t practice make perfect?

    Everyone would have encountered the saying “practice makes perfect”.

    But does it really?

    Of course, practice is an integral component of acquiring, developing and sharpening any skill. But perhaps we should be a little cautious.

    Let us explain by first asking a few key questions that we encourage readers to ask themselves as the article unfolds: how much practice is needed to be perfect? What type of practice is needed to be perfect? And can “perfect” practice actually help us develop skills that are transferable between sports?

    In other words, if practice makes perfect, should we not be advocating for sporting specialisation as early in life as possible?

    It may seem logical, but is this belief – held by many parents, youth sport coaches, and perhaps children themselves – actually supported by evidence?

    A 2022 systematic review suggested most elite, professional and Olympic level athletes engaged in multisport activities during their youth.

    That is, they did not specialise in their chosen sport but actually diversified their sporting experiences up to the age of about 12, with some level of specialisation occurring from the age of 13 onward.

    That was not all they found.

    Youth sport specialisation was actually linked with increased risks of injury in athletes at the highest levels of competition when compared to those who engaged in multisport activities.

    A similar review noted there was no evidence to support specialisation prior to puberty in the attainment of sporting excellence later in life.

    What sport specialisation did increase, however, were risks of injury, psychological stress and sporting drop out.

    A model to follow

    In support of these findings, Jean Côtè (a leading expert in the field of youth psychology) and colleagues proposed a developmental model of sports participation.

    This model is broken into three general stages of participation: the sampling years (between the ages of 6-12), the specialising years (13-15), and the investment years (16 and beyond).

    As the name of each stage suggests, they are defined by unique types of participation.

    For example, the sampling years are characterised by the acquisition of functional motor skills (such as running, throwing and jumping), developed through a wide variety of experiences.

    The specialising years feature a progressive increase in focus on the deliberate practice of one or two sports, while the investment years are characterised by more deliberately increasing the volume of practice around one sport. In Australia, this may be the stage where seasonal sports become year-long through the establishment of pre-season training.

    Since its inception nearly two decades ago, there has been a growing amount of research supporting these suggestions.

    Food for thought

    So what does this all mean for parents, youth coaches and children?

    We suggest not to rush the process even if your child dreams of an elite sporting career: children under the age of 16 should engage in a wide variety of sporting experiences.

    This is not only fun, but the research shows us diversity is likely to reduce the risk of overuse injuries and increase the likelihood of sporting excellence later in life, should that be their ambition.

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

    – ref. Tiger Woods and Serena Williams were sporting prodigies but children shouldn’t train like them – https://theconversation.com/tiger-woods-and-serena-williams-were-sporting-prodigies-but-children-shouldnt-train-like-them-248558

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-Evening Report: Trump is reviving a tariff strategy from America’s ‘Gilded Age’. It didn’t end well last time

    Source: The Conversation (Au and NZ) – By Garritt C. Van Dyk, Senior Lecturer in History, University of Waikato

    Getty Images

    A White House fact sheet about Donald Trump’s recently announced “Fair and Reciprocal Plan” on trade described it as “the art of the international deal” – a reference to Trump’s 1987 business book, The Art of the Deal.

    It was a classic piece of self-marketing from the president, but whether his latest tariff proposal will really turn out to be artful is very much open to question.

    In fact, the United States’ long history of “reciprocity” in tariffs and trade suggests ordinary Americans could be in for a bumpy ride.

    In essence, Trump is reviving a strategy used in the US more than a century ago to protect developing domestic industries. This time, according to the president, reciprocal tariffs aim “to correct longstanding imbalances in international trade and ensure fairness across the board”.

    The plan targets trade relationships with other countries where the US does not receive reciprocal treatment. And it echoes the policies of the 25th US president, William McKinley, who presided over an aggressive reciprocal tariff regime in the late 19th century.

    McKinley was president from 1897 until he was assassinated in 1901. And while Trump greatly admires his business acumen, McKinley’s economic legacy also reads like a cautionary tale.

    Not a simple equation

    From the current US perspective, “reciprocity” refers to symmetrical tariffs. Trump’s plan targets unequal rates, such as the European Union’s 10% tariff on US cars, compared with the 2.5% US tariff on European automobiles.

    The EU’s 10% rate represents its “most-favoured-nation” tariff, which applies to all its favoured-nation trading partners (with certain exceptions).

    While this looks like a clear lack of reciprocity, it’s not that simple. The US also applies a 25% tariff on EU utility vehicles (pickup trucks).

    This is significant because of the popularity of pickups in the US – a 2024 survey found 47% of Americans owned one. Until last year, the Ford F150 had been the bestselling “car” in the US for 42 years in a row.

    This is just one example of how differences in tariffs can be more complex than they appear at first glance.

    A history of reciprocal tariffs

    This cycle of higher and lower tariffs has gone on for well over a century. From 1861 to 1930, the US Congress maintained control over trade tariffs, with levels as high as 50% to protect developing industries.

    But in 1934, Congress passed the Reciprocal Trade Agreements Act, giving President Franklin D. Roosevelt authority to negotiate reciprocal tariff reductions with individual nations to stimulate global trade during the Great Depression.

    These tariff reductions continued after World War II with the development of the World Trade Organization and US tariff levels declining to 5%. Economist Douglas Irwin refers to this period as the “reciprocity period” of nations lowering barriers to international trade.

    The last time “reciprocity” was used to refer to the opposite process of raising tariffs was in 1890, under the Tariff Act, often just called the McKinley Tariff. It is this era Trump harked back to in his inaugural address:

    President McKinley made our country very rich through tariffs and through talent – he was a natural businessman.

    William McKinley.
    Getty Images

    Before he became president, McKinley was head of the House of Representatives’ Ways and Means Committee. He proposed an average increase in tariffs on all imports, rising from 38% to 49.5% to “secure reciprocal trade”.

    The new law was designed to protect the tinplate industry with a tariff of 70%, and “to reduce the revenue and equalize duties on imports”.

    At the time, the US was running large surpluses from tariff revenues, which was threatening economic growth. This sounds counterintuitive these days, but surpluses were a problem because the US dollar was backed by gold at a fixed price (the gold standard).

    Because the amount of money in circulation – and state spending – were limited to the amount of gold held by the government, surplus funds had to be kept in the Treasury reserves. This reduced the money supply and led to lower growth, less investment and tighter credit.

    Republicans thought higher tariffs would reduce imported goods and therefore tariff revenues. Instead, income from the higher tariffs more than compensated for import reductions, and the surpluses increased.

    Consumer prices rose, farm prices dropped, and the resulting voter backlash saw the Republicans lose control of Congress at the 1890 midterm elections. There was a financial panic in 1893, followed by a recession that lasted until 1896.

    A new ‘Gilded Age’

    This period in late 19th-century US history is often referred to as the “Gilded Age”, from the title of an 1873 book by Charles Dudley Wright and Mark Twain.


    The book was a satire of political corruption and unscrupulous businessmen who benefited from political favours. The title reflects the reality of the era – superficially prosperous but not truly golden.

    A thin veneer of technological progress, innovation and wealth concealed widespread corruption, scandals and income inequality.

    But aside from the obvious historical parallels, it is overly optimistic to expect a plan from 1890 to succeed in a complex global trade environment that relies on interdependent supply chains to function.

    McKinley’s flawed strategy sought protection for a few industries, but also aimed to reduce revenue for a government running large surpluses. However, Trump’s new tariffs are meant to raise revenue to pay off the US$36.5 trillion national debt, as well as to enforce reciprocal trade terms.

    Trump began his second term with a declaration that “the golden age of America begins right now”. As in 1890, however, the risk remains that a handful of wealthy industrialists will benefit from increased protection, while ordinary citizens will pay higher prices.

    Less the “art of the deal”, then, than a possible dealbreaker. In which case, Trump may yet be remembered less for a new golden age than for a Gilded Age 2.0.

    Garritt C. Van Dyk received funding from the Getty Research Institute in 2024 .

    – ref. Trump is reviving a tariff strategy from America’s ‘Gilded Age’. It didn’t end well last time – https://theconversation.com/trump-is-reviving-a-tariff-strategy-from-americas-gilded-age-it-didnt-end-well-last-time-250389

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-OSI New Zealand: Release: Overhaul of Overseas Investment Act a Fire Sale of Kiwi Assets

    Source: New Zealand Labour Party

    The Government’s reckless overhaul of the Overseas Investment Act is a fast track for foreign investment at the expense of Kiwi interests.

    “The Government’s reforms to the Overseas Investment Act are a significant shift away from the current overseas investment rules, and not in the best interests of New Zealanders,” Labour finance spokesperson Barbara Edmonds said.

    “It seems the Government’s new slogan ‘Everyone Must Go’ has been interpreted by David Seymour as ‘Everything Must Go,’ including New Zealand’s essential assets.

    “Under their plan, foreign investors will find it even easier to snap up key assets without clear protections for Kiwi jobs or incomes. Investing in New Zealand is a privilege, not an open invitation for profit-chasing investors to exploit our resources and siphon off the returns overseas. Yet, this Government is throwing the doors wide open, without ensuring our assets serve the interests of Kiwi workers, businesses, and communities.

    “The Government claims they have a ‘balanced’ approach, but that raises the question: balanced for whom? I don’t see any clear protections for New Zealand’s environment, public utilities, or any effort to consider Māori or the broader community.

    “There has been no consultation on these changes and the Government wants to rush the legislation through before the end of the year. The Treasury themselves, in David’s Seymour’s Cabinet Paper, say that because they were restricted by the Coalition Agreement, they have had no opportunity to test whether their policies can actually be delivered and whether the benefits will materialise.

    “Rushed reforms like these put our economic future at risk. This Government is making it easier for foreign companies to buy up key assets while shifting profits offshore. That doesn’t strengthen our economy, it weakens it. This is just another example of this Government taking New Zealand backwards,” Barbara Edmonds said.


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    MIL OSI New Zealand News –

    February 24, 2025
  • MIL-Evening Report: Labor crashes to a 55–45 deficit in Resolve despite interest rate cut

    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne

    A national Resolve poll for Nine newspapers, conducted February 18–23 from a sample of 1,506, gave the Coalition a 55–45 lead by headline respondent preferences, a three-point gain for the Coalition since January. By 2022 election preference flows, the Coalition led by 52–48, a one-point gain for them.

    Primary votes were 39% Coalition (up one), 25% Labor (down two), 13% Greens (steady), 9% One Nation (up two), 9% independents (down one) and 4% others (down two). Labor’s primary vote is their lowest in any poll this term.

    Anthony Albanese’s net approval was steady at -22, with 56% giving him a poor rating and just 34% a good one. Peter Dutton’s net approval was down one to +5. Dutton led Albanese by 39–35 as preferred PM (39–34 in January).

    By 37–26, voters thought the Coalition was the best choice for them and their household over Labor. By 34–18, they thought Dutton better able to deal with Donald Trump than Albanese. By 43–22, they thought Albanese weaker than Dutton.

    The Liberals led Labor by 41–24 on economic management (42–23 in January). The Liberals led on keeping the cost of living low by 37–25, down a little from 37–22 in January.

    In both the Resolve and Freshwater polls that were taken after the Reserve Bank cut interest rates, the Coalition has increased its lead. Here is the graph that shows the dramatic widening in the Resolve poll in the Coalition’s favour.

    Dutton’s ratings have been much better than Albanese’s in Resolve, and this is now flowing through to voting intentions. To put Labor back on track, Albanese needs to improve his ratings and Dutton’s need to fall. In this respect, the Freshwater poll below was much better for Labor.

    Resolve’s respondent preference flows are probably a pro-Coalition outlier, but the general trend in the polls has been bleak for Labor.

    Freshwater poll: Coalition leads by 52–48

    A national Freshwater poll, conducted February 20–23 from a sample of 1,038, gave the Coalition a 52–48 lead by respondent preferences, a one-point gain for the Coalition since January. Primary votes were 41% Coalition (up one), 31% Labor (down one), 13% Greens (steady) and 15% for all Others.

    Albanese’s net approval improved seven points to -11, while Dutton’s dropped four points to -8. Albanese led Dutton as preferred PM by 45–43 (a 43–43 tie in January).

    On issues, 70% rated cost of living a top three issue, followed by 39% for housing, 27% for both crime and economic management, 26% for health and just 17% for the environment. The Coalition held double-digit leads over Labor on cost of living, crime and economic management.

    Essential poll: Labor gains for a tie

    A national Essential poll, conducted February 12–16 from a sample of 1,146, had a 48–48 tie by respondent preferences including undecided (49–47 to the Coalition in early February). The Coalition had led in the last four Essential polls by one to two points.

    Primary votes were 35% Coalition (down one), 30% Labor (steady), 12% Greens (steady), 9% One Nation (up one), 1% UAP (steady), 9% for all Others (steady) and 4% undecided (steady). By 2022 preference flows, Labor would lead by about 51–49, a 0.5-point gain for Labor.

    Albanese’s net approval dropped five points to -5 since January, with 48% disapproving and 43% approving, but the January poll had an 11-point jump in his net approval from December. Dutton’s net approval was down three points to -4, his worst net approval in Essential since February 2024.

    Asked about the direction of the country, wrong track led by 51–31, a blowout from 46–38 in January. Wrong track led by the same 51–31 margin in December, and it has consistently had sizeable leads since June 2023.

    On taxes and government services, 26% thought they should be reduced, 11% increased and 63% maintained. By 40–31, respondents opposed the Coalition’s plan to reduce the number of public service workers.

    Asked whether they were aware of various Labor achievements, 77% were aware of the $300 energy bill rebate for all households, 66% were aware of TAFE and HECS debt cuts and 61% were aware of increased renewable energy targets. However, only 46% were aware of consecutive budget surpluses.

    Morgan poll and Palmer’s new party

    A national Morgan poll, conducted February 10–16 from a sample of 1,666, gave the Coalition a 51.5–48.5 lead by headline respondent preferences, unchanged from the February 3–9 poll.

    Primary votes were 39.5% Coalition (down one), 28% Labor (down one), 12.5% Greens (up 1.5), 5.5% One Nation (up 1.5), 10% independents (up 0.5) and 4.5% others (down 1.5). By 2022 election flows, the Coalition led by 51–49, a 0.5-point gain for Labor.

    Clive Palmer had voluntarily deregistered the United Australia Party after the 2022 election. The High Court denied his attempt to re-register this party. He has now taken over the existing party “Trumpet of Patriots”.

    Queensland federal and state DemosAU poll

    A DemosAU poll of Queensland that asked for federal voting intentions, conducted February 10–14 from a sample of 1,004, gave the Liberal National Party a 53–47 lead, representing a 1% swing to Labor since the 2022 federal election result in Queensland.

    Primary votes were 39% LNP, 31% Labor, 12% Greens, 10% One Nation and 8% for all Others. DemosAU is using the One Nation preference flow at the 2024 Queensland state election for its federal polls; this was better for the LNP than at the 2022 federal election.

    State voting intentions were 54–46 to the LNP, unchanged since the 2024 election. Primary votes were 40% LNP, 30% Labor, 12% Greens, 10% One Nation and 8% for all Others.

    Economic data: wage growth and jobs

    The Australian Bureau of Statistics reported that in the December 2024 quarter, wages grew 0.7%, down from 0.9% in the September quarter. This was the slowest quarterly wage growth since March 2022. For the year to December, wages grew 3.2%, down from 4.1% in the year to June 2024.

    In the December quarter, inflation was up 0.2% and up 2.4% for the year to December. So wage growth exceeded inflation by 0.5% in the December quarter and 0.8% for the year, but it had exceeded inflation by 0.7% in the September quarter.

    The ABS said 44,000 jobs were added in January, but the unemployment rate rose 0.1% from December to 4.1% owing to a 0.2% increase in the participation rate. The employment population ratio (the percentage of eligible Australians that are employed) rose 0.1% to 65.6%, a record high.

    German election

    I am covering Sunday’s German federal election for The Poll Bludger. The election was held seven months early owing to a breakdown in the governing coalition of centre-left SPD, Greens and pro-business FDP.

    Exit polls and pre-election polls have the conservative CDU/CSU leading, with the far-right AfD in second place and the SPD lagging in third. The final outcome should be known by this afternoon AEDT.

    Adrian Beaumont 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. Labor crashes to a 55–45 deficit in Resolve despite interest rate cut – https://theconversation.com/labor-crashes-to-a-55-45-deficit-in-resolve-despite-interest-rate-cut-250150

    MIL OSI Analysis – EveningReport.nz –

    February 24, 2025
  • MIL-OSI United Kingdom: Talks relaunch on India trade deal to boost UK’s growth agenda

    Source: United Kingdom – Executive Government & Departments

    Press release

    Talks relaunch on India trade deal to boost UK’s growth agenda

    UK-India free trade talks are being relaunched, with a visit to India by the Business and Trade Secretary.

    • UK-India trade talks kick off in New Delhi today with Business and Trade Secretary Jonathan Reynolds meeting with Commerce Minister Piyush Goyal
    • Deal aims to deliver economic growth and bring Indian economy – world’s third largest by 2028 – within reach for more UK businesses
    • Push to attract investment will take place in financial capital Mumbai and tech hub Bengaluru by Investment Minister Poppy Gustafsson

    The relaunch of talks on a UK-India trade deal will take place today [Monday 24 February], as UK ministers arrive in India to negotiate a huge economic prize helping to deliver on the growth agenda.

    India is forecast to have the highest growth rate in the G20 for the next five years and set to become the world’s third biggest economy by 2028. With an expected 95 million strong middle class by 2035, there are more and more opportunities every day for UK businesses to sell to consumers in India ready to buy British.

    Securing trade deals with massive global economies like India demonstrates the UK’s commitment to free and fair trade and how this Government will support jobs, prosperity, and real change for the British people as part of the Plan for Change.

    Business and Trade Secretary Jonathan Reynolds said:

    Securing a trade deal with what is soon-to-be the third biggest economy in the world is a no-brainer, and a top priority for me and this Government. That is why I’m flying to New Delhi with our top negotiating team to show our commitment to getting these talks back on track.

    Only a pragmatic government can deliver the economic growth and stability that the British public and British businesses deserve, delivering on the Plan for Change.

    Growth will be the guiding principle in our trade negotiations with India and I’m excited about the opportunities on offer in this vibrant market.

    Trade ministers from both countries will kickstart negotiations on a modern economic deal with two-days of focused discussions – the first time both negotiating teams have formally got around the table under this government.     

    Standard Chartered UK CEO and Head, Client Coverage UK, Saif Malik said:

    We warmly welcome efforts to strengthen trade ties with one of the world’s most dynamic and fastest growing markets. As a leading global bank operating in India for over 160 years, the opportunities for British businesses are significant.

    Whether it’s improved access to India’s growing consumer market, opportunities in manufacturing, infrastructure and innovation, or collaboration in financial and professional services, the relaunch of trade talks can unlock even greater trade, investment and prosperity across the UK-India corridor.” 

    Chair of UK India Business Council Richard Heald said:

    The UK Government’s visit reaffirms its commitment for a new ambitious and future-focused trade & investment relationship with India. 

    We are delighted to note the progress on the UK-India Free Trade Agreement negotiations. Success in the FTA will support further economic growth for the world’s 5th and 6th largest economies. It will catalyse collaboration beyond into other areas too. Importantly, it will signal the UK and India are strategic partners. This is truly an exciting chapter of the UK-India partnership.

    The talks will open against a backdrop of Indian commerce and artisans on a joint visit to Delhi’s National Crafts Museum. The pair will also spend time visiting BT India’s office in Gurugram – one of the largest UK employers in India – to see first-hand how UK tech and Indian talent are helping solve global challenges.

    As part of the visit, Investment Minister Poppy Gustafsson will address investors in two of the country’s foremost business centres Mumbai and Bengaluru, to sell the UK as the best and most connected place for Indian businesses to invest.

    India has been the second biggest source of FDI into the UK for five consecutive years in terms of number of projects. In terms of value, the most recent stats show a 28% year-on-year increase in investment stock at the end of 2023.

    The UK offer for Indian investors has never been stronger, she will tell businesses, thanks to the government’s drive to restore economic stability and boost investor confidence as part of the Plan for Change.

    The UK and India are currently the sixth and fifth largest global economies respectively, with a trade relationship worth £41 billion and investment supporting over 600,000 jobs across both countries.

    A trade deal could unlock new opportunities for businesses and consumers in all regions and nations of the UK, support jobs, boost wages, and back the high-growth sectors identified in the government’s upcoming Industrial Strategy, such as advanced manufacturing, clean energy, financial services, and professional and business services.

    Notes to editors

    • GDP figures are sourced from the IMF World Economic Outlook October 2024
    • FDI project numbers are sourced from DBT inward investment results 2023/24
    • FDI stock values are sourced from ONS foreign direct investment involving UK companies 2023
    • Trade values sourced from  ONS UK total trade all countries July to September 2024
    • Jobs supported by investment across both countries are sourced from Grant Thornton

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    Updates to this page

    Published 23 February 2025

    MIL OSI United Kingdom –

    February 24, 2025
  • MIL-OSI New Zealand: Retail activity up in the December 2024 quarter – Stats NZ media and information release: Retail trade survey: December 2024 quarter

    Source: Statistics New Zealand

    Retail activity up in the December 2024 quarter – 24 February 2025 – The total volume of retail sales in New Zealand increased by 0.9 percent in the December 2024 quarter compared with the September 2024 quarter, according to figures released by Stats NZ today. Figures are adjusted for price inflation and seasonal effects.

    “In the December quarter we saw a modest increase in retail activity, with growth across most industries,” economic indicators spokesperson Michael Heslop said.

    Ten of the 15 retail industries had higher retail sales volumes in the December 2024 quarter, compared with the September 2024 quarter, after adjusting for price and seasonal effects.

    Files:

    MIL OSI New Zealand News –

    February 24, 2025
  • MIL-OSI Asia-Pac: Union Health Ministry takes immediate action in response to concerns on export of unapproved drug combination of Tapentadol and Carisoprodol

    Source: Government of India

    Union Health Ministry takes immediate action in response to concerns on export of unapproved drug combination of Tapentadol and Carisoprodol

    Joint team of CDSCO and Maharashtra State Regulatory Authority conducts thorough audit of the drug manufacturing site

    Stop Activity Order and Stop Production Order issued for the concerned drug combinations

    CDSCO moves for immediate withdrawal of Export NOCs and Manufacturing Licenses for Tapentadol-Carisoprodol combinations

    Posted On: 23 FEB 2025 8:23PM by PIB Delhi

    The Ministry of Health and Family Welfare has taken immediate and decisive action following some news reports highlighting concerns regarding the export of unapproved combination drugs containing Tapentadol and Carisoprodol by Indian Pharmaceutical Manufacturer M/s Aveo Pharmaceuticals, Mumbai to certain countries in West Africa.

    To ensure regulatory compliance across the pharmaceutical sector, the Central Drugs Standard Control Organization (CDSCO), in collaboration with state regulators, initiated risk-based inspections of drug manufacturing and testing firms in December 2022. As of now, 905 units have been inspected, resulting in 694 actions being taken. These actions include Stop Production Orders (SPO), Stop Testing Orders (STO), license suspensions/cancellations, warning letters, and showcase notices, depending on the severity of non-compliance. This initiative has provided valuable insights into the ground reality of manufacturing practices and has led to relevant corrective actions, resulting in noticeable improvements in the regulatory framework.

    During end Jan’25, CDSCO in collaboration with State Regulators had done focused audit of firms manufacturing and exporting NDPS drugs. Based on analysis of observations from the audit, important decisions were taken to strengthen regulatory oversight on export of NDPS drugs from India.

    Regarding the specific issue at hand, both Tapentadol and Carisoprodol are individually approved by CDSCO in India. Tapentadol is approved in 50, 75, and 100 mg tablet forms, as well as 100, 150, and 200 mg extended-release tablets. However, the combination of Tapentadol and Carisoprodol is not approved in India. Neither of these drugs is included in the NDPS (Narcotic Drugs and Psychotropic Substances) list in India.

    Actions taken by the Union Health Ministry:

    1. Audit and Inspection: A joint team from the CDSCO and the State Regulatory Authority conducted a comprehensive audit of M/s. Aveo Pharmaceuticals between 21st and 22nd February 2025. The findings from the audit led to the issuance of a Stop Activity Order, halting all operations at the company’s premises.
    2. Seizure of Materials: Following the audit, the investigation team seized all raw materials, in-process materials, and finished products. Approximately 1.3 crore tablets/capsules and 26 batches of APIs (Active Pharmaceutical Ingredients) of Tapentadol and Carisoprodol were detained to prevent further distribution of these potentially dangerous drugs.
    3. Stop Production Order: The Maharashtra FDA issued a Stop Production Order to M/s. Aveo Pharmaceuticals on 22nd February 2025, effectively halting the manufacturing of the concerned drug combinations.
    4. Withdrawal of Export NOCs: Communications have been sent to all State Drugs Control Authorities and Zonal Offices to immediately withdraw Export NOCs and Manufacturing Licenses granted for any combination of Tapentadol and Carisoprodol. The same communication has also been sent to all Customs offices at notified ports to route all consignments of referred products through CDSCO Port offices.
    5. Seizure of Export Consignment: An export consignment of Tapentadol 125 mg + Carisoprodol 100 mg, destined for Ghana, has been put on hold at Mumbai Air Cargo pending further investigation.
    6. Updating Export NOC Checklist: Going forward, CDSCO is updating the Export NOC checklist, to ensure that either the Product Registration Certificate from the importing country’s National Regulatory Agency (NRA) or approval from the Indian Regulatory Authority (CDSCO) is required for all medicines being exported from India.

    This updation of the checklist will address the root cause of the problem and settle the issue once for all. The Union Government will ensure smooth export operation for legitimate medicines to be used to support healthcare globally and strongly control these aberrations through swift and strong action as demonstrated through recent decisions and actions.

    The Ministry of Health and Family Welfare, along with the CDSCO, remains committed to ensuring the safety and well-being of citizens in India and abroad. The steps taken in response to this issue reflect the Government’s zero-tolerance policy towards illegal or unethical export of unapproved and potentially harmful drugs.

    India as a leading global supplier of pharmaceuticals, is dedicated to maintaining the highest standards of drug safety and regulatory compliance. The Union Health Ministry assures the public and global community that the Government will continue to monitor and regulate pharmaceutical exports to safeguard against any misuse of Indian-made medicines.

    ****

    MV

    HFW/Actions taken amid West Africa Opiod Crisis/23Feb2025/1

    (Release ID: 2105672) Visitor Counter : 82

    MIL OSI Asia Pacific News –

    February 24, 2025
  • MIL-OSI Asia-Pac: Invest Hong Kong reports information security incident

    Source: Hong Kong Government special administrative region

         Invest Hong Kong (InvestHK) announced today (February 23) that an information security incident was identified yesterday (February 22). The incident involved a malicious ransomware attack to part of InvestHK’s computer systems.

         A spokesman for InvestHK said that upon identification of the incident, the department has taken immediate measures to further tighten its IT security systems to prevent further ransomware attacks. It has also followed established guidelines and procedures and reported the case to the Police, the Digital Policy Office (DPO), the Office of the Privacy Commissioner for Personal Data and the Security Bureau respectively on the same day. InvestHK condemns such malicious attacks and has already updated relevant access rights, isolated the affected systems, and activated back-up procedures.

         InvestHK is working closely with the Police on the investigation. Preliminary findings indicated that the affected areas included an internal Customer Relationship Management (CRM) system, intranet and part of InvestHK’s website operations, such as the function to contact InvestHK via the website form and events updates. InvestHK’s public services remain normal. Members of the public can continue to contact staff of InvestHK through telephone, email or face-to-face meetings.

         Investigation is still underway to ascertain whether any personal data leakage is involved. Although this is an ongoing investigation, based on preliminary assessment, this could potentially include basic information on InvestHK’s clients, such as the companies’ contact information, and records of InvestHK staff. InvestHK will inform relevant parties if and when further updates are available.

         The spokesman stressed that the department has been following Government procedures on information and cybersecurity. To further strengthen its system security measures, it is currently seeking advice from the DPO and has appointed experts to assist with the investigation and recovery. The department hoped the culprits can be brought to justice as soon as possible so as to safeguard information and cybersecurity.

         The spokesman reiterated that InvestHK would not send embedded hyperlinks via emails, SMS messages or social media pages for collecting personal information or requesting for payment. It urges members of the public to stay alert and to refrain from clicking on any embedded links or providing any personal or financial information such as credit card information, or making any payment to suspicious emails or SMS messages. For enquiries, members of the public may call InvestHK General Enquiry Hotline at 3107 1000 or email enq@investhk.gov.hk.

    MIL OSI Asia Pacific News –

    February 24, 2025
  • MIL-OSI Asia-Pac: English rendering of PM’s address in the 119th Episode of ‘Mann Ki Baat’ on 23.02.2025

    Source: Government of India (2)

    Posted On: 23 FEB 2025 11:33AM by PIB Delhi

    My dear countrymen, Namaskar. Welcome to ‘Mann Ki Baat’. These days the Champions Trophy is going on and there is an atmosphere of cricket everywhere. All of us know very well what the thrill of a century in cricket is… But today I am not going to talk to you about cricket, albeit about the wonderful century that India has made in Space. Last month, the country witnessed the launch of ISRO’s 100th rocket. This is not just a number; it also reflects our resolve to touch new heights in Space Science every day. Our space journey had commenced in a rather modest way. There were challenges at every step, but our scientists kept moving forward, conquering them. With time, the list of our successes in this space odyssey kept rising. Be it the manufacture of launch vehicles, the successes of Chandrayaan, Mangalyaan, Aditya L-1 or the unprecedented mission of sending 104 satellites into space at one go with a single rocket – the ambit of ISRO’s successes has been quite expansive. Over the last 10 years alone, around 460 satellites have been launched and this includes many satellites of other countries as well. Another important fact in recent years is that the participation of woman power is constantly on the rise among our team of Space Scientists. I am also very happy to see that today the Space Sector has become a favourite for our youth.

    Who would have thought a few years ago that the number of start-ups and private sector Space companies in this field would be in hundreds. For our youth who want to do something thrilling and exciting in life, the Space Sector is turning out to be an excellent option.             

    Friends, in a few days to come, we are going to celebrate ‘National Science Day’. The interest and passion of our children and youth in science matters a lot. I have an idea for this, which you can call ‘One Day as a Scientist’. That is, you should try to spend one day as a scientist. You can choose any day as per your convenience and choice. On that day, you must visit a research lab, planetarium or a Space Centre. This will enhance your curiosity about Science. Like Space and Science, there is another field in which India is rapidly carving out a robust identity – this field is AI i.e. Artificial Intelligence. Recently, I went to Paris to participate in a big AI conference. There, the world praised India’s progress in this sector. We are also getting to see examples of how people of our country are using AI today. For example, there is Thodasam Kailash ji, a teacher in a government school in Adilabad, Telangana. His interest in digital music is performing a very important task in saving many of our tribal languages. He has done wonders by composing a song in Kolami language with the help of AI tools. He is using AI to compose songs in many languages ​​other than Kolami. His tracks are being liked a lot by our tribal brothers and sisters on social media. Be it the Space Sector or AI, the ever-increasing participation of our youth is begetting a new revolution. The people of India are second to none in adopting and trying new technologies.

    My dear countrymen, next month, the 8th of March is ‘International Women’s Day’. This is a special occasion to salute our Nari Shakti. Devi Mahatmya says –

    Vidya: Samastaas-tava Devi Bheda:

    Streeya: Samasta: Sakala Jagatsu.

    That is, all the Vidyas are the expressions of the various forms of the Goddess and all the woman power of the world is also her reflection. In our culture, respect for daughters has been paramount. The MatriShakti of the country has also played a big role in our freedom struggle and the creation of the Constitution. I am sharing with all of you what Hansa Mehta ji had said while presenting our National Flag in the Constituent Assembly, in her own voice.

    It is in the fitness of things that this first flag that will fly over this August house, should be a gift from the women of India. We have donned the saffron colour, we have fought, suffered and sacrificed in the cause of our country’s freedom. We have today attained our goal. In presenting this symbol of our freedom, we once more offer our services to the nation. We pledge ourselves to work for a great India, for building up a nation that will be a nation among nations. We pledge ourselves for working for a greater cause to maintain the freedom we have attained. 

    Friends, Hansa Mehta ji had brought to the fore the contribution of women from all over the country, right from the making of our National Flag to sacrificing their lives for its sake. She was of the belief that the saffron colour in our tricolour also reflects this sentiment. She had expressed confidence that our woman power would make its valuable contribution in making India strong and prosperous; Today her words are proving to be true. If you observe at any field, you will find how extensive the contribution of women is. Friends, this time on Women’s Day I am going to embark upon an initiative for a day, which will be dedicated to our Nari-Shakti. On this special occasion, I am going to hand over my social media accounts like X, Instagram to some inspiring ladies of the country. Women who have achieved success in myriad fields; who have innovated and created a unique identity for themselves in various fields. On the 8th of March, they will share their work and experiences with the countrymen. The platform might be mine, but it will be about their experiences, their challenges and their achievements. If you want to avail of this opportunity, become a part of this experiment through the special Forum created on NamoApp and share your message with the whole world through my X and Instagram accounts. So come… this time on Women’s Day, let us all celebrate, honour and salute the indomitable power of women.

    My dear countrymen, many of you would have enjoyed the thrill of the National Games in Uttarakhand. There, more than 11,000 athletes from all over the country performed brilliantly. This event presented a new Swaroop of Devbhoomi. Uttarakhand is now emerging as a strong sporting force in the country. The players of Uttarakhand too performed wonderfully. This time Uttarakhand finished 7th – this is the power of sports, which transforms individuals and communities as well as the entire State. It inspires future generations and also promotes a culture of excellence. Friends, today some memorable performances in these games are being discussed all over the country. My heartiest congratulations to the Services team which won the maximum number of gold medals in these games. I also appreciate every player who participated in the National Games. Many of our players are the contribution of the Khelo India campaign. Be it Sawan Barwal of Himachal Pradesh, Kiran Mhatre & Tejas Shirse of Maharashtra or Jyoti Yaraji of Andhra Pradesh, all of them have given new hope to the country. Javelin thrower Sachin Yadav of Uttar Pradesh, high jumper Pooja of Haryana and swimmer Dhinidhi Desindhu of Karnataka won the hearts of the countrymen. They surprised everyone by setting three new national records. The number of teenage champions in this year’s National Games is astonishing. 15-year-old shooter Gavin Antony, 16-year-old hammer thrower Anushka Yadav, from UP and 19-year-old pole vaulter Dev Kumar Meena from Madhya Pradesh have proved that India’s sporting future lies in the hands of a very talented generation. The National Games held in Uttarakhand also showed that those who never accept defeat, definitely win. No one becomes a champion amid comfort. I am happy that with the determination and discipline of our young athletes, India is rapidly progressing towards becoming a global sporting powerhouse.

    My dear countrymen, during the opening of the National Games in Dehradun, I raised a very important topic, which has started a new discussion in the country – this topic is ‘obesity’. To become a fit and healthy nation, we will certainly have to deal with the problem of obesity. According to a study, one in every eight people today is troubled by the problem of obesity. Cases of obesity have doubled in the past years, but, what is even more worrying is that the problem of obesity has increased fourfold even among children. WHO data shows that in 2022, about 250 crore people around the world were overweight, that is, they had more weight than required. These statistics are very serious and force all of us to think why this is happening. Excess weight or obesity gives rise to many kinds of problems and diseases. We can together deal with this challenge with minor efforts. For example, one method I suggested was “reducing the consumption of edible oil by ten percent (10%)”. Decide that you will use 10% less oil every month. You can decide that while buying oil for cooking, you will buy 10% less oil. This will be an important step towards reducing obesity. Today, in ‘Mann Ki Baat’, I also want to share some special messages on this topic with you. Let us begin with Olympic medallist Neeraj Chopra, who has successfully overcome obesity:

    Namaskar everyone. I, Neeraj Chopra want to tell you all today that our honourable Prime Minister Shri Narendra Modi ji has discussed obesity in ‘Mann Ki Baat’ this time, which is a very important issue for our country. And I somehow relate to this thing with myself too, because when I started going to the ground, I was also quite overweight at that time and when I started training and started eating well, my health improved a lot and after that when I became a professional athlete, I got a lot of help in that too. And I would also like to tell that parents should also play some outdoor sport or the other and take their children along and create a good healthy lifestyle, eat well and give your body an hour or however much time you can in a day for exercise. And I would like to add one more thing, recently our Prime Minister had said that the oil used in food should be reduced by upto 10%, because many times we eat a lot of fried food items which have a huge impact on obesity. So I would like to tell everyone to avoid these things and take care of their health. This is just what I request you and together we will uplift our country, thank you.

    Neeraj ji, I am very grateful to you. Renowned athlete Nikhat Zareen ji has also expressed her views on this topic:

    Hi, my name is Nikhat Zareen and I am two times world boxing champion. As our Prime Minister Narendra Modi ji has mentioned about Obesity in ‘Mann Ki Baat’ and I think it’s a national concern, we should be serious about our health because obesity is spreading so fast in our India, we should stop it and we should try to follow a healthy lifestyle as much as possible. Being an athlete myself, I try to follow a healthy diet because if by mistake I take an unhealthy diet or eat oily things, it impacts my performance and I get tired quickly in the ring and I try to use as little as possible things like edible oil and instead follow a healthy diet and do daily physical activity due to which I always remain fit. And I think common people like us, who go to work daily, I think everyone should be serious about health and do some daily physical activity due to which we stay away from diseases like heart attack and cancer and keep ourselves fit ‘because if we are fit then India is fit’.                                  

    Nikhat ji has really made some good points. Let us now listen to what Dr. Devi Shetty ji has to say. As all of you know, he is a very distinguished doctor, who is continuously working on this subject:

    I would like to thank our Honourable Prime Minister for creating an awareness about obesity in his most popular ‘Mann Ki Baat’ programme. Obesity today is not a cosmetic problem; it is a very serious medical problem. Majority of the youngsters in India today are obese. The main cause of obesity today is poor quality of food intake especially excess intake of carbohydrates that is rice, chapatti and sugar and of course large consumption of oil. Obesity leads to major medical problems like heart disease, high blood pressure, fatty liver and many other complications. So my advice to all the youngsters… start exercising control your diet and be very very active and watch your weight. Once again I would like to wish all of you a very very happy healthy future, Good Luck and God Bless.                             

    Friends, using less oil in food and dealing with obesity is not just a personal choice but also our responsibility towards the family. Excessive use of oil in food can cause many diseases like heart disease, diabetes and hypertension. By making small changes in our food habits, we can make our future stronger, fitter and disease-free. Therefore, without delay, we must increase our efforts in this direction and implement it in our lives. We can all do this together in a very playful & effective way. For example, today after this episode of ‘Mann Ki Baat’, I will request and challenge 10 people if they can reduce oil in their food by 10%. And I will also urge them to pass on the same challenge to 10 new people. I am sure that this will help a lot in fighting obesity.                                                                                                   

    Friends, do you know what the similarity between the Asiatic Lion, Hangul, Pygmy Hog and Lion-tailed Macaque is? The answer is that all of these are not found anywhere else in the world… they are found only in our country. Indeed, we have a very vibrant eco-system of flora and fauna. And these wild animals are deeply embedded in our history and culture. Many animals are also observed as the vehicles of our Gods and Goddesses. Many tribes in central India worship Bagheshwar. There is a tradition of worshipping Waghoba in Maharashtra. Lord Ayyappa also has a very deep connection with the tiger. Bonbibi, whose Vaahan is the tiger, is worshipped in Sundarbans. We have many cultural dances like Huli Vesha of Karnataka, Pooli of Tamil Nadu and Pulikali of Kerala, which are associated with nature and wildlife. I would also like to thank my tribal brothers and sisters, because they actively participate in work related to wildlife protection. The population of tigers has risen continuously in Karnataka’s BRT Tiger Reserve. A lot of credit for this goes to the Soliga tribe, who worship the tiger. Owing to them, there is almost no man-animal conflict in this area. In Gujarat as well, people have contributed significantly in the protection and conservation of Asiatic Lions in Gir. They have shown the world what co-existence with nature means. Friends, on account of these efforts, the population of tigers, leopards, Asiatic Lions, Rhinos and Barasingha has increased rapidly in the last few years. And it is also worth noting how beautiful the diversity of wildlife in India is. Asiatic Lions are found in the western part of the country, while the habitat of ​​Tigers is East, Central and South India. Rhinos are found in the Northeast. Every part of India is not only sensitive towards nature, but is also committed to wild life protection. I have been told about Anuradha Rao ji, many generations of whom have been associated with Andaman and Nicobar Islands. Anuradha ji had dedicated herself to animal welfare at an early age. For three decades, she has made the protection of deer and peacocks her mission. People here call her ‘Deer Woman’. We will celebrate World Wildlife Day at the beginning of next month. I urge you to encourage people associated with wildlife protection. It is a matter of great satisfaction for me that many start-ups have also emerged in this field.

    Friends, this is the season of Board Exams. I wish my young friends, i.e., Exam Warriors, the best of luck for their exams. Appear for your papers without any stress and with a completely positive spirit. Every year in ‘Pariksha Pe Charcha’, we discuss various topics related to exams with our Exam Warriors. I am happy that this programme is now taking an institutional form… it is getting institutionalized. Many New experts are also joining it. This year, we tried to conduct ‘Pariksha Pe Charcha’ in a new format.  Along with the experts, eight different episodes were also included. We covered topics ranging from Overall Exams to Health Care and Mental Health as well as food and nutrition. Past toppers also shared their thoughts and experiences with everyone. Many youngsters, their parents and teachers have written letters to me on this. They have told me that they liked this format very much because every topic was discussed in detail. Our young friends have watched these episodes in large numbers on Instagram too. Many of you also liked the fact that this program was organized in Sundar Nursery, Delhi. Those of our young friends who have not been able to watch these episodes of ‘Pariksha Pe Charcha’ till now, must watch them. All these episodes are available on NaMoApp. Once again, my message to our Exam Warriors is “Be happy and stress free”.                                                                           

    My dear friends, that’s all for me in this episode of Mann Ki Baat. Next month we will again conduct ‘Mann Ki Baat’ together with new topics. Keep sending me your letters, your messages. Stay healthy, stay happy. Thank you very much. Namaskar.

    ****

    MJPS/ST/RT/ZK

    (Release ID: 2105618) Visitor Counter : 145

    MIL OSI Asia Pacific News –

    February 24, 2025
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