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  • MIL-OSI United Kingdom: expert reaction to govt setting out plans for a complete ban of neonicotinoids

    Source: United Kingdom – Executive Government & Departments

    Experts commented on the Government’s plans to completely ban neonicotinoids. 

    Dr Philip Donkersley, Senior Researcher in Ecology and Evolution at Lancaster University, said:

    Is this evidence-based?

    “The hazards posed by neonicotinoid pesticides to pollinators have been established by a number of high impact research articles for nearly a decade. There is no question that restricting their use can have significant benefits to both domesticated and wild pollinators.”

    How significant a change is this to the rules we have currently?

    “There are no significant changes to current policy, which will be of benefit to farmers, giving them at least the entirety of 2025 to change their pest management plans accordingly is a good thing for farmers. Current policy in the UK to allow neonic use under specific conditions has arguably failed, given that the conditions have been consistently met since the policy was adopted (i.e. It was entirely legislative, not functional). Going forward, a policy of absolute moratorium brings us closer in line with European standards.”

    Why are neonics still used, and what will farmers need to use instead? 

    “Neonics are used because of their ease of application, high efficacy and availability from suppliers. Some farmers may argue a moratorium will drive them to using more hazardous pesticides, like the pyrethroids, however with proper government guidance, a policy basis and direct financial support, a drive towards regenerative agricultural methods, combined with natural enemy protections and integrated pest management practices will be as good, if not better for the farm finances, productivity, and environmental sustainability. We know this works from both European and global farming communities – massively reducing pesticide use brings back natural enemies like spiders, parasitoid wasps, lacewings etc, which in turn kill off pest species.”

    What will be the effect on pollinators and crops? 

    “With any restriction of pesticide use, there will be a lag period, where the environment on the farm needs to recover, the farm productivity will be damaged due to sudden increases in pest abundance. However, over the long term, we see a gradual increase in pollinator health and farm finances. Governments should direct support farms during this period in order to safely permit them and their business to make the transition towards a more regenerative farming practice.”

    Prof Giles Budge, Modelling Evidence and Policy Research Group, Newcastle University, said:

    “I would welcome any legislation that protects our managed and unmanaged pollinator communities. However, as a society we must always consider the costs and benefits of any policy change. Sometimes new policies that are well meaning may have unintended consequences to the sustainability of our food production system, as well as our insect communities. Oilseed rape is a great example. Seed-coated neonicotinoids were banned from use on oilseed rape without time to formulate a clear plan for what alternatives might be available to manage both aphid and cabbage stem flea beetle pests.

    “The story has positive and negative outcomes. First, the abruptness of the ban led to disruptive innovation in the industry, and seed companies were quick to produce cultivated varieties of oilseed rape which are resistant to turnip yellows virus, the main reason for controlling the aphid. However, many farmers switched to using multiple pyrethroid sprays to save their oilseed rape crops from damage by cabbage stem flea beetles. Pyrethroid sprays were ineffective against cabbage stem flea beetles, which were resistant, but highly effective against non-target insects. Crops were lost and the planted area of oilseed rape has dropped. Fewer planted oilseed rape crops has removed an important source of pollen and nectar for our pollinators, and challenged the farming community to find alternative crops and ways of working.

    “The outcome for food production is that we have moved from a net surplus of oilseed rape production, where we exported, to a need to import oilseed rape into the UK in order to meet our needs. Our food security has been compromised, and the irony is that some oilseed rape imports are grown in countries where the use of neonicotinoid seat coatings has continued! A policy that sought to protect our pollinators has seemingly moved the problem abroad, impacted our farming community, and decreased our food security.

    “I reiterate that I would welcome any legislation that protects our managed and unmanaged pollinator communities, but we need to ensure our farmers can continue to grow our food in a sustainable way. We need to take ownership of any issues with the sustainability of our food production, but we also need to ensure that our farmers have access to viable and sustainable solutions.”

    Prof Linda Field, Emeritus Fellow, Protecting Crops and the Environment, Rothamsted Research, said:

    “On the face of it, this would seem to be a measure that will help bees and other pollinators that can potentially be affected by neonicotinoids. However, this effect may be small given that bees do not forage in sugar beet crops, where the previous emergency authorisation has been applied.

    “It should also be borne on mind that if neonicotinoids are not used in sugar beet in the UK, then the aphid that carries virus disease in this crop can’t be controlled, as it is resistant to alternative insecticides. This is very likely to result in reduced production of beet sugar and the need for more imports of cane sugar.

    “The impacts of pesticide and pesticide stewardship requires broad farm-system landscape assessment. A single intervention is inevitably linked to many other factors that ultimately dictate any net gain or loss on biodiversity.”

     

    Prof Dave Goulson, Professor of Biology (Evolution, Behaviour and Environment), University of Sussex, said:

    “It is refreshing to see that the new government is sticking by its commitment to end all use of “bee killing pesticides”, by which it means the three neonicotinoids imidacloprid, thiamethoxam and clothianidin.

    “These chemicals have been banned from agricultural use in all the EU and the UK since 2018. Until 2023 Europe allowed “emergency authorizations” in special circumstances, but these are now illegal in Europe. However, for the last four years the previous UK government granted emergency authorisation for the use of thiamethoxam on sugar beet. In doing so they ignored the science and went against the clear advice of the Health & Safety Executive and Expert Committee on Pesticides.

    “Farmer across Europe grow sugar beet successfully without neonics. Only the UK has been allowing them, becoming the dirty man of Europe. Let’s hope this is finally coming to an end.

    “By way of background, neonics are highly potent neurotoxins, lethal to bees and all other insects at miniscule doses. They are often used as seed dressing, but only about 5% of the chemical is absorbed by the crop. The rest pollutes the soil and soil water. Neonics are highly persistent, so soils remain contaminated for years. Neonics leach from soil into streams, harming aquatic life. They are also sucked up from the soil by hedgerow wildflowers and farm trees, contaminating all parts of the plant including pollen and nectar, and hence poisoning pollinators. This is why the EU introduced a ban on neonics in 2018, after prolonged evaluation of all the evidence by EFSA.

    “Let’s not forget that sugar is very bad for us (diabetes, obesity etc.). We have been poisoning our soils, streams and bees to grow a product that makes us ill. Healthy crops could be grown on the land used for sugar beet. Government could extend sugar taxes to reduce our consumption.”

    Dr Katie Powell, Butterfly Conservation Postdoctoral Researcher and British Ecological Society English Policy Group committee member, said:

    Is this evidence-based?

    “Yes. There is ample evidence that neonicotinoids have devastating lethal and sub-lethal effects on wildlife, both directly and indirectly through being passed through the food chain. Although the current method of applying neonicotinoids for emergency use is through seed-coatings, which is supposedly directed at target species (namely aphids), ‘beneficial’ insects feed on these target species and so non-target organisms – like ladybirds and hoverflies – are inadvertently exposed to neonicotinoids. Insects feeding on the pest species that are targeted by neonicotinoids include some pollinating insects such as hoverflies. Also, flowering plants grown near to neonicotinoid coated seeds, or subsequently grown in soil used to grow sugar beet where seeds have been treated, can carry through the pesticide to pollinators like bees at a later stage. This can then have population-level consequences and contribute to their decline. As well as this, leaching and accumulation of neonicotinoids from treated seeds into soils and waterways occurs, impacting the development of soil organisms and aquatic wildlife.”

    What will farmers need to use instead?

    “The worry is that farmers will turn to the use of boom spraying using other approved pesticides; this should not be what farmers turn to as an alternative, as this may be equally damaging to insects and other wildlife when applied in a non-targeted way. Approaches like Integrated Pest Management (IPM) and the development of genetic approaches to pest resistance and virus forecasting need to be further developed to replace widespread pesticide use. The government should plough research into these approaches to support farmers after the ban.”

    What will be the effect on pollinators?

    “The ban should have a positive effect on pollinators in the long-term, as well as benefits for lots of other insects like pest-controlling ladybirds and parasitic wasps which will have a chance to recover from the toxic effects of neonicotinoids. These beneficial insects naturally keep the pests that neonicotinoids aim to control in check through predating on them. Some of these beneficial predator species are also pollinators. Insect (and pollinator) declines are caused by a range of interacting factors, made worse by unsustainable use of pesticides. To bolster against population crashes and build resilience in populations against other drivers like extreme weather events, it is crucial to remove as many drivers of decline as possible and for habitat to be improved in order to support species of insect, including bees, butterflies and moths.  As populations start to recover from low levels due to their living conditions being improved, there is a greater chance they will be robust against other drivers like climate change.”

     

     

    Declared interests

    Giles Budge: “I declare no personal interest.”

    Katie Powell: “I am involved in a campaign with Butterfly Conservation on this topic.”

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: New Year’s working hours of Polytechnic University dormitories

    Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    During their studies at the university, the dormitory becomes a second home for many students. Many stay here for holidays and vacations, so it is so important to create a joyful New Year mood for the kids. In all the dormitory buildings, they decorate Christmas trees, halls, buildings and courtyards.

    The administration has prepared a gift for the residents. On New Year’s Eve, admission to all SPbPU dormitories will be free for university students. This will allow the guys to celebrate 2025 in the company of friends!

    Let all the doors of our dormitories be open on New Year’s Eve to meet your classmates and fellow students. New Year is a bright holiday that you want to celebrate with your loved ones and friends. Let your New Year’s Eve be cheerful, bright and memorable, – said the director of the Student City Vyacheslav Olshevsky.

    Well, what New Year would be complete without tangerines! “Tangerine Boom” is a real fun event where kids are treated to tangerines and congratulated on the holiday. It is organized by the administration of the Student City, the Directorate of Cultural Programs and Youth Creativity, PROF and the United Student Council of Dormitories.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Chernyshenko will fulfill the dreams of three children as part of the New Year’s campaign “Yolka Zhelaniy”

    Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Chernyshenko took part in the All-Russian campaign “Yolka zhelaniy”

    Deputy Prime Minister Dmitry Chernyshenko took part in the all-Russian campaign “Yolka Zhelaniy”, organized by the “Movement of the First” with the support of “Rosmolodezh.Dobro”.

    The Deputy Prime Minister pulled out three childhood dreams at once.

    7-year-old Alexander from Azov, Rostov region, dreams of meeting gymnast Nikita Nagorny.

    “An excellent wish. We all know Nikita, we love him. He is an Olympic champion in artistic gymnastics, and also the president of the All-Russian Federation of Phygital Sports. And he will tell about the first Games of the Future in the history of mankind, which, on the instructions of President Vladimir Putin, were held this year in Kazan,” said Dmitry Chernyshenko.

    10-year-old Dmitry from Yaroslavl asked to meet with HC Lokomotiv.

    “In the Rostov region, there are, I believe, more than 70 hockey palaces, and about 7.5 thousand children play hockey. We will definitely help organize your meeting,” the Deputy Prime Minister noted.

    12-year-old Mikhail from Volgograd wants a basketball as a gift.

    “I know a great company, ours, Russian, which makes international-class balls, certified by the international federation. And these are the most environmentally friendly balls in the world. We will definitely make you a gift. I want to congratulate everyone on the upcoming New Year and Christmas. I wish that your dreams come true and that only good things happen to you, your family and friends,” the Deputy Prime Minister added.

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

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Eight-year ban for former footballer who ran London sports academy

    Source: United Kingdom – Executive Government & Departments

    Kieron Minto-St.Aimie received a director’s disqualification for claiming a £25,000 Covid loan his company was not entitled to.

    • Kieron Minto-St.Aimie is a former professional footballer who went on to run a sports academy in Brent. 
    • His company received the £25,000 Covid Bounce Back Loan after he overstated its turnover. 
    • He was disqualified as a company director for eight years at London’s Royal Courts of Justice.  

    A former professional footballer has been banned from being a company director for eight years.  

    Kieron Minto-St.Aimie claimed a £25,000 Covid Bounce Back Loan for the St Aimie’s Sports Academy Community Interest Company in Brent, when it was entitled to much less. 

    Elizabeth Pigney, Chief Investigator at the Insolvency Service, said: “Kieron Minto-St.Aimie successfully applied for a Covid Bounce Back loan by overstating his company’s turnover. 

    His eight-year disqualification should serve as a warning to others that the justice system will not allow business owners to make false declarations to obtain funds that were so crucially needed by other small and medium-sized businesses during the pandemic.

    The former footballer, aged 35, of Pound Lane in London, began his career at Queens Park Rangers before spells at clubs including Oxford United and Barnet. 

    He opened St.Aimie’s Sports Academy, on Harlesden Road in Brent, as its sole director in 2016.  

    Before its closure in January 2023, the academy was known in the local community for providing football coaching and mentoring to children and young people.  

    In May 2020, Minto-St.Aimie applied for a Covid Bounce Back loan of £25,000.  

    However, in order to obtain the £25,000 he overstated the company’s turnover by £60,000 as it should have only been entitled to around £10,000 under the scheme based on its actual turnover.  

    On 6 December 2024, the judge at London’s Royal Courts of Justice disqualified Minto-St.Aimie as a company director for eight years.

    Further information 

    Updates to this page

    Published 23 December 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: BLOG: How we’re tackling rogue landlords

    Source: City of Liverpool

    One year ago, Liverpool City Council launched a Private Sector Housing Intelligence and Enforcement Task Force, and the results have made a real difference in our city. Tom Mullan from the team reflects on the last year...

    This anniversary gives us a chance to celebrate the team’s achievements in disrupting rogue landlords, improving housing conditions and creating safer communities. Through multi-agency collaboration, intelligence sharing and enforcement, the Task Force has delivered significant outcomes that benefit our city and its residents.

    The Task Force, established with funding from the Ministry of Housing, Communities and Local Government’s (MHCLG) Pathfinders Programme, was tasked with establishing new and innovative ways to combat landlords who:

    • Ignore their legal obligation to license properties
    • Fail to meet safety standards for tenants
    • Use properties for illegal activities, like drug-related crime or human trafficking

    Cllr Sam East, Cabinet Member for Housing, emphasised the importance of the initiative: “This Task Force was established to proactively target and disrupt rogue and criminal landlords and managing agents operating in the private sector in Liverpool and the threats they pose to our city’s vulnerable residents, safe neighbourhoods and community cohesion. The team’s collaborative, intelligence-led, multi-agency approach is a real success.”

    Some of our achievements so far…

    Improved housing safety
    Over 129 serious hazards were identified in private rental properties, with 139 enforcement notices issued, including 21 Housing Act Improvement Notices and a further 8 Emergency Prohibition Orders.

    Disrupting criminal activity
    Joint operations with Merseyside Police and the Home Office resulting in the seizure of £13 million (street value) of cannabis and the emergency closure of eight properties.

    Creating trusting relationships
    Established service level data sharing agreements with the other local authorities in the Liverpool City Region and our external partners to foster joint working in tackling rogue and criminal landlords.

    Safeguarding vulnerable residents
    Investigated over 20 properties linked to human trafficking and sexual exploitation, working with our third sector partner, Changing Lives, to provide support for victims.

    Investigating Trading Standards
    Proactively investigated and enforced trading standards compliance on over 40 managing and letting agents operating in Liverpool.

    Making an impact across the country
    Submitted 586 intelligence reports to a national database, helping disrupt criminal operations locally and nationwide, and partnered with Shelter to develop e-learning modules for agents on tenant rights, deposit security and consumer protections.

    Cllr Laura Robertson-Collins, Cabinet Member for Neighbourhoods, Communities & Streetscene, said: “The targeted work across the city has had a real impact, improving housing conditions and creating safer neighbourhoods for our residents. Their proactive partnership working with Merseyside Police, housing providers and local voluntary organisations is helping to restore pride in our communities and make a real difference in people’s lives.”

    Making a difference in our communities

    Beyond the numbers, the Task Force’s work is creating safer, more stable communities:

    In Norris Green, operations reduced drug-related crime and anti-social behaviour by targeting rogue landlords and unsafe properties.

    Cllr Kevin Pilnick reflects on the work in his ward: “The team’s targeted operations in the Norris Green area have made a real difference.  Their work with the Council’s community co-ordinators and neighbourhood managers, alongside other stakeholder agencies, is helping to reduce anti-social behaviour and drug-related crime.”

    Working together to make an impact

    This progress is the result of teamwork across the council and partnerships with external agencies. Here’s what some of our partners had to say:

    Sarah Clarke, from Changing Lives, said: “The collaborative working that we undertake with the Task Force in Liverpool provides us with critical opportunities to offer safeguarding to victims of adult sexual exploitation and human trafficking who face significant harm from organised crime groups.  We cannot safeguard in silo and the joint working has evidenced this.”

    Peter Yoh, Head of Liverpool City Region Housing at Riverside: “The partnership working and intelligence sharing is proving vital to the success in making a real difference to customers of the private rented sector living within our communities.  Our collaborative approach with the Council’s Task Force is resulting in enforcement action being taken against irresponsible landlords, which is stabilising communities and sustaining tenancies.”

    Merseyside Police said: “Merseyside Police works in close partnership with the Task Force and other partner agencies from the voluntary and community sector, establishing a multi-agency approach to engaging the local community and gathering intelligence for detecting and disrupting sexual exploitation and supporting victims.”

    Looking Ahead

    With three months left in its current phase, the Task Force is already embedding its strategies into Liverpool City Council’s long-term private sector housing operations. The aim is to make our proactive, intelligence-led approach a standard for how we handle housing enforcement.

    If you have any concerns about rogue and criminal landlords, please contact privatesectorhousing.intel@liverpool.gov.uk or use our freephone number 0800 707 6245.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Council staff seize fake goods from St Johns

    Source: City of Liverpool

    High-end clothing deals have turned out to be too good to be true at St John’s Precinct, as bags of counterfeit products are seized by Liverpool City Council. 

    The Council’s Trading Standards team, working in partnership with Merseyside Police, has removed hundreds of fake goods after receiving a report from a member of the public.  

    An inspection of five stores in St Johns resulted in 280 counterfeit items of clothing being seized, including fake versions of White Fox, Prada and Diesel. Although the items were being sold at bargain prices, the haul would be worth approximately £25,000 if they were real. 

    In a previous operation earlier this year, the team seized over 1,500 fake products, believed to be worth roughly £15,000 in total. Items included a haul of fake Apple, Samsung and Sony items, which could have posed a serious safety risk to potential buyers. 

    As well as counterfeit goods, the Council has recently cracked down on the selling of illegal vapes. Since January 2024, over 18,000 vapes have been seized, estimated to be worth around £220,000. The vapes were found to have exceeded the legal limit of nicotine and could be harmful to people using them. 

    To help remove any health and safety risk to the public, all reported counterfeit or illegal goods are investigated and seized. Where possible, any branding will be taken off the items before they are recycled or donated. In cases where items are unsafe, they will be destroyed.

    Cllr Laura Robertson-Collins, Liverpool City Council’s Cabinet Member for Communities, Neighbourhoods and Streetscene said: “Everyone loves a good bargain, especially in the lead up to Christmas, but we want everyone to be vigilant about counterfeit goods. 

    “Thanks to keen-eyed shoppers, we were alerted to a number of shops selling fake items to the public. Our Trading Standards team, along with Merseyside Police, acted quickly to inspect these items and take them off the shelves for good. 

    “While they might look like the real thing, counterfeit clothing is usually made from poor quality materials and may be easily flammable or otherwise unsafe. It might seem like a good deal now, but it could cost you dearly in the long run.” 

    Anyone concerned about fake goods can report them on the Council website or by calling Crimestoppers on 0800 555 111.  

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Report 13/2024: Collision between a passenger train and a fallen tree at Broughty Ferry

    Source: United Kingdom – Executive Government & Departments

    RAIB has today released its report into a collision between a passenger train and a fallen tree at Broughty Ferry, Dundee, 27 December 2023.

    Damage to the driving cab sustained in the collision (images courtesy of ScotRail).

    R132024_241223_Broughty Ferry

    PDF, 12.4 MB, 49 pages

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    Summary

    At around 13:09 on 27 December 2023, the 10:46 Perth to Aberdeen passenger service collided with a fallen tree approximately 1 mile (1.6 km) east of Broughty Ferry, Dundee. The train was travelling at around 84 mph (135 km/h) when the collision occurred. The train suffered significant damage to the leading driving cab. There were no physical injuries to the 37 passengers and three staff members on board the train.

    The tree had fallen from Barnhill Rock Gardens, a public park owned by Dundee City Council, and was brought down by winds during Storm Gerrit. This storm had been subjecting the area to high winds and heavy rain for several hours preceding the accident. RAIB’s investigation found that the soil in which the tree was rooted had characteristics which limited the tree’s ability to resist the wind forces acting on it. In addition, three other trees at this location had been felled before May 2023, increasing the exposure of the tree which fell to winds from the Firth of Tay.

    Around 12 minutes before the collision, a member of the public became aware that a tree had fallen across the railway and contacted Network Rail using the public helpline. The helpline call handler attempted to pass this information on to Network Rail’s Scotland route control on a number of occasions, but the call from the helpline call handler was not answered until after the accident. This meant that a warning about the fallen tree did not reach the driver of the train in time to prevent the accident.

    The risk of trees in Barnhill Rock Gardens falling onto the railway not being effectively controlled was the factor underlying the accident. Network Rail is reliant on neighbouring landowners controlling the risk associated with visually healthy trees falling onto the railway lines from outside of the railway boundary. However, Dundee City Council did not effectively manage the risk of trees falling from its land onto the adjacent railway lines.

    As a consequence of the accident, the survival space in the cab was considerably reduced. The driver only escaped serious injury by crouching behind the driving seat once they had made an emergency brake application on realising the collision was inevitable. RAIB also observed that the telephone equipment used at Scotland integrated control centre did not display missed call information.

    Since this accident, Network Rail has provided helpline staff with an additional contact telephone number for use in emergencies.

    Recommendations

    RAIB has made three recommendations as a result of its investigation. The first of these is to Network Rail to consider how technology could assist in the detection of trees subject to altered exposure, including those trees on third-party land. The second recommendation is that Dundee City Council should review its management of the trees for which it is responsible to ensure that it is effectively controlling the risk of them falling onto the railway.

    RAIB has also recommended that the Rail Safety and Standards Board’s Carmont recommendations steering group should review its response to recommendation 19 made within RAIB report 02/2022, following the investigation into the derailment of a passenger train at Carmont, Aberdeenshire on 12 August 2020.

    Notes to editors

    1. The sole purpose of RAIB investigations is to prevent future accidents and incidents and improve railway safety. RAIB does not establish blame, liability or carry out prosecutions.

    2. RAIB operates, as far as possible, in an open and transparent manner. While our investigations are completely independent of the railway industry, we do maintain close liaison with railway companies and if we discover matters that may affect the safety of the railway, we make sure that information about them is circulated to the right people as soon as possible, and certainly long before publication of our final report.

    3. For media enquiries, please call 01932 440015.

    Newsdate: 23 December 2024

    Updates to this page

    Published 23 December 2024

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Scientific Library of the State University of Management: Review of the Results of the “Department Weeks”

    Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    Last year, on the initiative of the rector’s advisor Sergey Chuev, for the 105th anniversary of the State University of Management, the Scientific Library of the State University of Management launched the project “Department Weeks in the Scientific Library”. Every two weeks, the departments, replacing each other, organized conferences, round tables, discussions, quests, book presentations in their areas of activity and other events.

    “Department Weeks” attracted the attention of both the staff and students of the State University of Management, as well as guests of the Scientific Library, creating an atmosphere of lively exchange of knowledge and ideas. This happened, among other things, thanks to the work of the head of the information and bibliographic department Olga Fomakina and the chief bibliographer Olga Korshunova, who with special attention and care selected literature for exhibitions of the works of the department scientists. Their professionalism and creative approach made the project not only popular, but also a real scientific event. In total, 1,180 books were presented at the exhibitions. Each exhibit was not just a book, but a window into the world of scientific discoveries and achievements, arousing genuine interest and inspiration in all visitors.

    This academic year, the following departments presented their achievements:

    Department of Philosophy (September 9–22); Department of Mathematical Methods in Economics and Management (September 23–October 6); Department of Economics and Management in Construction (October 7–20); Department of Physical Education (October 21–November 3); Department of Public and Municipal Administration (November 4–17); Department of Environmental Management (November 18–December 1); Department of Management in International Business and Tourism Industry (December 2–15).

    The Department of Philosophy participated in the project twice. In September, a tour of the Scientific Library was organized for students of the Institute of Personnel Management, Social and Business Communications. Candidate of Cultural Studies, senior lecturer of the department Liana Popova introduced them to the teaching aids, monographs and other publications of the department.

    The Department of Mathematical Methods in Economics and Management held a tour for first-year students of the educational program “Business Mathematics and Data Analysis”. Deputy Head of the Department, PhD in Economics, Associate Professor Inna Kramarenko introduced them to the works of the department’s scientists, including the works of the head of the department Olga Pisareva and the founder of the department Vasily Dudorin.

    The Department of Economics and Management in Construction organized a round table for its employees and students studying in the educational programs implemented by the department, “Scientific and educational potential of the department as a basis for developing competencies.” The head of the department, candidate of economic sciences, associate professor, corresponding member of the REA Olga Astafieva gave a welcoming speech, outlining the development trajectories of the implemented educational programs in the bachelor’s and master’s programs. Senior lecturer Yuri Tikhonov introduced the participants to the history of the department, famous scientists and important textbooks that have become the main ones in their disciplines. Professor of the department, candidate of economic sciences, professor Tatyana Shemyakina discussed with students the importance of books in the modern educational process.

    Teachers of the Department of Physical Education Ekaterina Gracheva, Denis Kokorev and Dmitry Savchenko organized a lecture for first-year students on the topic of “Physical Activity in a Student’s Life”, discussed in detail the basics of a healthy lifestyle and its components and talked about the physiological processes that occur in the human body under the influence of various types of physical activity. The participants of the event talked about why physical activity is important, how it affects a person’s mental health and mental performance and what consequences a sedentary lifestyle leads to. For students of the 1st-3rd years, a lecture “Stress and Health” was held on the possible consequences of stress on human health and the necessary skills to increase stress resistance in a student’s daily routine. The lecture was given by Associate Professor of the Department, Candidate of Pedagogical Sciences, Associate Professor Irina Merkulova. The event was prepared and organized by Associate Professor of the Department, Candidate of Pedagogical Sciences, Associate Professor Tatyana Siverkina and Senior Lecturer Tatyana Vedishcheva.

    The Department of Public and Municipal Administration participated in the project for the third time. As part of the “Department Weeks” in November, senior lecturer of the department Elena Yamchuk held a round table on the specifics of managing joint-stock companies with state participation. An open lesson with 2nd-year students of the “Public and Municipal Administration” program on working with the “ConsultantPlus” system as part of studying the discipline “State Regulation of the Economy” was held with the participation of professor of the department, doctor of economic sciences, associate professor Nadezhda Matveeva. The head of the department, adviser to the rector’s office, candidate of historical sciences, associate professor Sergey Chuev and deputy head of the department, associate professor of the department, candidate of economic sciences Mikhail Polyakov organized an open assessment of the knowledge of 4th-year students of the “Public and Municipal Administration” program, accompanied by experts from the National Accreditation Council for Business and Management Education. Mikhail Polyakov also held a foresight session with 4th year students on the topic: “Increasing the level of investment attractiveness of small towns” and a strategic session on the topic: “The role of public organizations in the interaction of civil society and politics in the social sphere”.

    The Department of Nature Management, with the active participation of Candidate of Technical Sciences, Associate Professor Ekaterina Shamaeva, enthusiastically prepared an exhibition of scientific works of its employees and books devoted to issues of nature management. Of particular interest was the series of publications on national security issues “Russia’s Security. Legal, Socio-Economic and Scientific-Technical Aspects”, presented by Doctor of Technical Sciences, Professor, Honored Scientist of the Russian Federation Yakov Vishnyakov.

    The project ended with events of the Department of Management in International Business and Tourism Industry.

    On December 6, in the Scientific Library, Associate Professor of the Department, Candidate of Psychological Sciences, Associate Professor Svetlana Grishaeva held a Discussion Club “Doing Russian Business with Chinese Partners” with 3rd-year students of the Management program of the International Business educational program. The participants discussed effective communication strategies with partners and China, including existing barriers and stereotypes about the specifics of working with Chinese businessmen, worked out cases of various situations of interaction between Chinese and Russian partners and considered typical mistakes in building Russian-Chinese business.

    On December 7, at the Boiling Point of the State University of Management, senior lecturer of the department Anna Firsova organized a business game “Creating Inclusive Tourist Routes” for 4th-year students majoring in “Hotel Business” of the educational program “Hotel and Restaurant Business”. Students, divided into teams, developed a tourist route for a certain category of tourists (for example, for people with limited mobility, vision, hearing, cognitive impairment) based on a study of the needs of the selected category of tourists and determining the main points of the route that should be accessible and interesting for them. As a result of the presentation of the developed routes, student teams selected the best tourist routes that can be implemented in real inclusive tourism projects.

    On December 11, in the Scientific Library, senior lecturer of the department Anna Zbarskaya held a seminar in English “Cross-cultural aspects in the hospitality industry”, which was dedicated to the importance of studying the cultures of different countries and the formation of cultural intelligence for successful business communications. Third-year students of the “Hotel Business” program of the “Hotel and Restaurant Business” discussed the main theoretical issues related to cross-cultural communications, including such concepts as culture, models and types of cultures, culture shock, etc., presented their results of the analysis of different countries and their cultures, considered strategies for effective intercultural communication and ways to overcome cross-cultural problems during negotiations and doing business in the hotel industry.

    The Scientific Library of the State University of Management congratulates everyone on the upcoming holidays and looks forward to seeing everyone at its events in the New Year!

    Subscribe to the TG channel “Our GUU” Date of publication: 23.12.2024

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

    MIL OSI Russia News –

  • MIL-OSI: Himax to Unveil State-of-the-Art WiseEye Module Solutions at CES 2025 Empowering Seamless AIoT Integration

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, Dec. 23, 2024 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced that the Company and its AI ecosystem partners will unveil a suite of innovative, production-ready AIoT applications at CES 2025, powered by Himax’s groundbreaking ultralow power WiseEye Module solutions. These designs will showcase intuitive, user-friendly AI capabilities set to transform multiple industries by improving productivity, scalability, automation, and efficiency, all while delivering better performance and lower power consumption. Himax’s ultralow power WiseEye Module solutions are leading the AIoT revolution with their advanced, efficient, and scalable AI-driven technologies.

    The Himax WiseEye Module seamlessly integrates ultralow power WiseEye AI processors and proprietary always-on CMOS sensors, designed with compact form factors, high integration, and plug-and-play functionality. Characterized by remarkably low power consumption at just single-digit milliwatts, it is ideal for battery-powered endpoint devices that cater to everyday life. The WiseEye Module incorporates versatile AI models from in-house or third-party partners, enabling no-code/low-code AI development for use cases like people counting, gesture recognition, human detection, face recognition, and audio command classification. This simplifies the AI development process, reducing cost and time, allowing AI developers, even those with limited AI expertise, to easily integrate advanced AI features into their systems and applications. Given their versatility, WiseEye Modules are poised to become foundational technology for a wide range of IoT applications.

    At the event, a visionary and innovative lineup of ultralow power WiseEye Module solutions will be on display, showcasing their potential to revolutionize AI-powered applications across industries.

    • WiseEye PalmVein Module: Offers secure, reliable contactless biometric authentication by utilizing unique vein patterns, ensuring robust security and privacy through on-device inferencing
    • AI Baby Cry Detection Module: Accurately detects infant and child crying even in noisy environments, enhancing child safety and enabling timely, automated caregiving
    • Dynamic Gesture Module: Enables intuitive human-machine interaction, supporting a wide range of static and dynamic gestures for seamless control, enhancing accessibility and convenience without the need for traditional input methods
    • Human Sensing Module: Provides precise and energy-efficient human presence detection, creating more responsive and convenient environments in smart homes and offices
    • People Flow Management Solution: Improves space optimization and operational efficiency by analyzing human movement patterns, enabling better resource planning and allocation

    More compelling joint demonstrations with ecosystem partners will also be showcased at the event, including the world-first AI agent SenseCAP Watcher developed with Seeed Studio, mixed reality eye-tracking solutions with Ganzin, and AI-enabled thermal sensing modules in collaboration with leading thermal sensor partners, among others.

    “Our WiseEye™ Modules are designed to drive innovation and enhance lives through advanced, seamless AI integration, all while consuming ultralow power,” said Mark Chen, Vice President of Smart Sensing Business at Himax. “At Himax, we are dedicated to advancing the future of AI vision with innovative, ultralow power, easy-to-adopt AI solutions, enabling seamless integration of advanced vision AI into diverse IoT applications that power the next generation of intelligent, connected devices, enhancing everyday life,” concluded Mark.

    Himax invites all interested parties to stop by our exhibition booth at The Venetian Las Vegas Hotel (3355 Las Vegas Boulevard S, Las Vegas, Nevada, U.S.A.) Venetian Tower Suite 34-208 to experience the Company and partners’ cutting-edge WiseEye Module solutions. To schedule a meeting or booth tour, please contact Himax at: Himax_CES2025@himax.com.tw.

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,683 patents granted and 390 patents pending approval worldwide as of September 30, 2024.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2023 filed with the SEC, as may be amended.

    Company Contacts:

    Eric Li, Chief IR/PR Officer
    Himax Technologies, Inc.
    Tel: +886-6-505-0880
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Karen Tiao, Investor Relations
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-OSI Global: House of the Dragon and families fighting for power – it can happen in business too

    Source: The Conversation – UK – By Bingbing Ge, Lecturer in the Department of Entrepreneurship and Strategy, Lancaster University

    While most agree that HBO’s hit fantasy show House of the Dragon (HotD) might be an interesting dive into the chaos of the Middle Ages, less has been said about its lessons for the contemporary business world.

    Though modern laws make sibling rivalries much more civilised (siblings don’t usually kill each other, nor do they have dragons), there are still many similarities between throne-claiming and today’s family battles over business leadership – especially when multiple siblings are involved.

    As a lecturer in entrepreneurship and strategy, I use the show – a prequel to Game of Thrones that sees siblings fighting to inherit their father’s throne – to illustrate the complications in family business succession.

    When succession of leadership in a business becomes an issue, it is important for the family to be clear about their direction. Important, and often difficult, conversations around which legacy, as well as the methods to achieve it, need to be agreed by all family members.

    The issue of succession is known to contribute to tension in famous family businesses, as seen with the Murdoch family. As one of the most prevalent forms of business worldwide, family businesses could certainly try to avoid conflict – and, in HotD’s case, a kingdom dispute – if successions were handled more carefully.

    In the show, King Viserys I Targaryen, played by Paddy Considine, is not a bad ruler, but when it came to succession planning there was so much more he could have done. By the time he had announced his daughter Rhaenyra (played by Emma D’Arcy) as heir, it was perceived that this decision was taken out of desperation, due to there being no male heir.

    Succession planning.

    Family business leaders typically have a stronger sense of ownership of the firm than non-family employees, which sometimes leads them to keep hold of leadership. While this is human nature, it is important for family business leaders, like kings are to their kingdoms, to remember their responsibility to the businesses’ prosperity and stability and to have a clear Plan B.

    The accession of an heir in a family business often sparks wide discussions, like in the case of Alexandre Arnault of luxury goods conglomerate LVMH. He was recently appointed at just 32 years old as deputy CEO of the group’s wines and spirits business Moët Hennessy. In the case of the heir Rhaenyra in HotD, her half-brother challenged her legitimacy to the throne, with strong support from stakeholders, (that is to say, the lords in the show) who believed that a son would make a more legitimate heir.

    In a family business, successors often need to legitimise their position and get the senior managers (like the lords in HotD), employees, and other stakeholders like customers (the “smallfolk” in the show), to accept the transition.

    While there are different stages of succession, research has shown that it extends far beyond the business arena to affect the lives of family members, with conflict spilling into other areas.

    In a family where everyone gets on, a succession can bind the next generations together – to the point where they might even quit jobs with other companies to carry on the family dream. But HotD portrays a dysfunctional family and intense sibling rivalry, as is also the case in another TV show, Succession.

    In HotD, the king’s first son Aegon (played by Tom Glynn-Carney) was groomed to be fearful and even hateful of his half-sister Rhaenyra and her children. The dysfunctional family life went on to haunt the children when succession discussions arose.

    The Targaryen family in HotD was divided by goals – with Viserys’ and Rheanyra’s side aiming to continue the Targaryen reign, and the king’s second wife Alicent (played by Olivia Cooke) and Aegon’s side trying to maintain primogeniture (where succession goes to the first-born child) and purity in the bloodline. Competing goals are often paradoxical and can be unsettling for stakeholders in family businesses.

    The role of women

    In the show, there are instances where the roles and desires of female characters are marginalised. The role of women in family businesses has also traditionally been overlooked.

    But female family business members are often more important than their titles in the business suggest, where their role in the family in maintaining traditions, values and harmony are sometimes more central.

    HotD demonstrates how the sometimes quieter female voices can influence the succession through the use of a variety of strong female characters. This is a helpful resource to illustrate how females might influence strategic decisions in family businesses.

    Women’s influence in the family and its business can sometimes go unrecognised. This could be particularly tricky in situations where multiple siblings (and even wives) are in competition, like the Majid Al Futtaim (MAF) retail and leisure empire, where ten family members had claims on the estate.

    Sibling rivalries and the challenge of female legitimacy in family business succession take centre-stage in HotD. The complex dynamics between heirs vying for power and the struggles faced by women in leadership roles echo the real-world tensions that often unfold in family-owned businesses.

    Viewers may be immersed in the sweeping political dramas of Westeros, but at the same time the series offers important contemporary lessons in managing family legacies, power struggles and succession planning.

    Bingbing Ge 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. House of the Dragon and families fighting for power – it can happen in business too – https://theconversation.com/house-of-the-dragon-and-families-fighting-for-power-it-can-happen-in-business-too-237377

    MIL OSI – Global Reports –

  • MIL-OSI Global: Repression of climate and environmental protest is intensifying across the world

    Source: The Conversation – UK – By Oscar Berglund, Senior Lecturer in International Public and Social Policy, University of Bristol

    Climate and environmental protest is being criminalised and repressed around the world. The criminalisation of such protest has received a lot of attention in certain countries, including the UK and Australia. But there have not been any attempts to capture the global trend – until now.

    We recently published a report, with three University of Bristol colleagues, which shows this repression is indeed a global trend – and that it is becoming more difficult around the world to stand up for climate justice.

    This criminalisation and repression spans the global north and south, and includes more and less democratic countries. It does, however, take different forms.

    Our report distinguishes between climate and environmental protest. The latter are campaigns against specific environmentally destructive projects – most commonly oil and gas extraction and pipelines, deforestation, dam building and mining. They take place all around the world.

    Climate protests are aimed at mitigating climate change by decreasing carbon emissions, and tend to make bigger policy or political demands (“cut global emissions now” rather than “don’t build this power plant”). They often take place in urban areas and are more common in the global north.

    Four ways to repress activism

    The intensifying criminalisation and repression is taking four main forms.

    1. Anti-protest laws are introduced

    Anti-protest laws may give the police more powers to stop protest, introduce new criminal offences, increase sentence lengths for existing offences, or give policy impunity when harming protesters. In the 14 countries we looked at, we found 22 such pieces of legislation introduced since 2019.

    2. Protest is criminalised through prosecution and courts

    This can mean using laws against climate and environmental activists that were designed to be used against terrorism or organised crime. In Germany, members of Letzte Generation (Last Generation), a direct action group in the mould of Just Stop Oil, were charged in May 2024 with “forming a criminal organisation”. This section of the law is typically used against mafia organisations and had never been applied to a non-violent group.

    In the Philippines, anti-terrorism laws have been used against environmentalists who have found themselves unable to return to their home islands.

    Criminalising protest can also mean lowering the threshold for prosecution, preventing climate activists from mentioning climate change in court, and changing other court processes to make guilty verdicts more likely. Another example is injunctions that can be taken out by corporations against activists who protest against them.

    3. Harsher policing

    This stretches from stopping and searching to surveillance, arrests, violence, infiltration and threatening activists. The policing of activists is carried out not just by state actors like police and armed forces, but also private actors including private security, organised crime and corporations.

    In Germany, regional police have been accused of collaborating with an energy giant (and its private fire brigade) to evict coal mine protesters, while private security was used extensively in policing anti-mining activists in Peru.

    4. Killings and disappearances

    Lastly, in the most extreme cases, environmental activists are murdered. This is an extension of the trend for harsher policing, as it typically follows threats by the same range of actors. We used data from the NGO Global Witness to show this is increasingly common in countries including Brazil, Philippines, Peru and India. In Brazil, most murders are carried out by organised crime groups while in Peru, it is the police force.

    Protests are increasing

    To look more closely at the global picture of climate and environmental protest – and the repression of it – we used the Armed Conflicts Location Event database. This showed us that climate protests increased dramatically in 2018-2019 and have not declined since. They make up on average about 4% of all protest in the 81 countries that had more than 1,000 protests recorded in the 2012-2023 period:

    Climate protests increased sharply in the late 2010s in the 14 countries studied. (Data is smoothed over five months; number of protests is per country per month.)
    Berglund et al; Data: ACLED, CC BY-SA

    This second graph shows that environmental protest has increased more gradually:

    Environmental protests in the same 14 countries.
    Data: ACLED, CC BY-SA

    We used this data to see what kind of repression activists face. By looking for keywords in the reporting of protest events, we found that on average 3% of climate and environmental protests face police violence, and 6.3% involve arrests. But behind these averages are large differences in the nature of protest and its policing.

    A combination of the presence of protest groups like Extinction Rebellion, who often actively seek arrests, and police forces that are more likely to make arrests, mean countries such as Australia and the UK have very high levels of arrest. Some 20% of Australian climate and environmental protests involve arrests, against 17% in the UK – with the highest in the world being Canada on 27%.

    Meanwhile, police violence is high in countries such as Peru (6.5%) and Uganda (4.4%). France stands out as a European country with relatively high levels of police violence (3.2%) and low levels of arrests (also 3.2%).

    In summary, while criminalisation and repression does not look the same across the world, there are remarkable similarities. It is increasing in a lot of countries, it involves both state and corporate actors, and it takes many forms.

    This repression is taking place in a context where states are not taking adequate action on climate change. By criminalising activists, states depoliticise them. This conceals the fact these activists are ultimately right about the state of the climate and environment – and the lack of positive government action in these areas.

    Oscar Berglund is a member of the Green Party. The report this article is based on was written with Christina Pantazis, Chris Rossdale and Roxana Pessoa Cavalcanti.

    Tie Franco Brotto 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. Repression of climate and environmental protest is intensifying across the world – https://theconversation.com/repression-of-climate-and-environmental-protest-is-intensifying-across-the-world-246379

    MIL OSI – Global Reports –

  • MIL-OSI Global: Eating red meat may increase your risk of type 2 diabetes – not a lot of people know that

    Source: The Conversation – UK – By Gulshanara (Rumy) Begum, Senior Lecturer in Nutrition & Exercise Science, University of Westminster

    Red meat has been a part of diets worldwide since early man. It is an excellent source of protein, vitamins (such as B vitamins) and minerals (such as iron and zinc).

    However, red meat has long been associated with increasing the risk of heart disease, cancer and early death. What may not be so well known is the link between red meat consumption and type 2 diabetes.

    A paper published in the Lancet in September 2024 highlighted this link to type 2 diabetes using data from the Americas, the Mediterranean, Europe, south-east Asia and the Western Pacific (20 countries included).

    This recent study, with nearly 2 million participants, found that high consumption of unprocessed red meat, such as beef, lamb and pork, and processed meat, such as bacon, salami and chorizo, increased the incidence of type 2 diabetes.

    The researchers also highlighted a link between the consumption of poultry and the incidence of type 2 diabetes, but the link was weaker and varied across the populations.

    Type 2 diabetes is a serious public health issue affecting 462 million people globally. It occurs when our bodies don’t make enough insulin or can’t use insulin well.

    Insulin is a hormone produced by the pancreas, a small leaf-shaped gland that sits behind the stomach and just in front of the spine. Insulin helps blood glucose enter cells, which stops levels from rising in the blood.

    In type 2 diabetes, due to our body not having enough insulin or inability to use the insulin (also referred to as “insulin resistance” or “impaired insulin sensitivity”), blood glucose reaches high levels, causing symptoms such as extreme thirst, increased need to pass urine and feelings of tiredness. Long-term health issues include nerve damage, foot problems and heart disease.

    The underlying mechanisms linking red meat intake with type 2 diabetes are unclear. Mechanisms could relate to the function of the pancreas, insulin sensitivity or a combination of the two.

    Possible mechanisms

    Red meat has high levels of saturated fat and is low in polyunsaturated fats, which could disrupt insulin sensitivity.

    Research has also shown that a high protein intake from animal sources (compared to vegetarian sources) can increase the risk of type 2 diabetes, possibly due to the high levels of branched-chain amino acids (BCAA) in animal protein.

    BCAA include the amino acids leucine, isoleucine and valine. In a small study, short-term BCAA infusions increased insulin resistance in humans. Similar findings were shown in larger human studies.

    High levels of plasma BCAA can have various origins. These connections between red meat, BCAA, insulin resistance and type 2 diabetes are worth exploring further.

    Another potential mechanism involves gut microbiota, the collection of microbes in our gut.

    Our microbiota metabolises choline (a water-soluble essential nutrient) and L-carnitine (an amino acid found naturally in food), both of which are abundant in red meat, producing trimethylamine. Increased trimethylamine has been associated with a higher risk of developing type 2 diabetes.

    How we cook meat may also add to this conundrum. Cooking meat at high temperatures, such as grilling and barbecuing, can produce harmful compounds called “advanced glycation end products”.

    These compounds can damage cells due to oxidative stress (caused by unstable atoms called free radicals), lead to inflammation (which can be damaging if it occurs in healthy tissues or lasts too long) and insulin resistance.

    Red meat is a great source of iron. But some studies have shown long-term iron intake or iron overload, particularly haem iron (iron from animal-based sources), may increase the risk of type 2 diabetes.

    Eat less red meat

    According to a World Health Organization report, in the last 50 years, global consumption of all types of meat has increased. In some wealthy countries, such as the UK, red meat consumption appears to be stable or declining. Although there is a lot of variation in meat consumption between and within countries.

    In the UK, people are advised to consume no more than 70g (cooked weight) of red meat per day and to avoid eating processed meat. A similar recommendation is given across many countries.

    With the winter holidays around the corner and the festive gatherings in full swing, reducing red meat consumption will be difficult, especially for those who really like the taste. So enjoy these moments without worrying, and where possible, try to consume fibre-rich vegetables with red meat.

    Small steps can be taken to reduce your red meat intake by having smaller portions or choosing a day in the week that is meat free (meat-free Mondays, say), or substituting some (or all) of the meat in recipes with chicken, fish, beans, lentils or the like.

    And for those days you do eat red meat, try poaching, steaming or stewing it – it’s healthier than grilling or barbecuing.

    Gulshanara (Rumy) Begum 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. Eating red meat may increase your risk of type 2 diabetes – not a lot of people know that – https://theconversation.com/eating-red-meat-may-increase-your-risk-of-type-2-diabetes-not-a-lot-of-people-know-that-245495

    MIL OSI – Global Reports –

  • MIL-OSI Global: Europe’s microstates: the medieval monarchies that survive in our midst

    Source: The Conversation – UK – By Elisa Bertolini, Associate Professor of Comparative Public Law, Bocconi University

    San Marino is one of four microstates with very distinct constitutional arrangements. Shutterstock/kavalenkava

    Continental Europe is home to four microstates with populations of between 30,000 and 80,000 people: Andorra, on the border between France and Spain; Liechtenstein, nestled between Switzerland and Austria; Monaco, which sits on the French Riviera; and San Marino, which is surrounded by northern Italy.

    These states have existed since the medieval period and their tiny size has enabled them to develop and maintain singular constitutional arrangements. They have all developed original solutions to the problems of state architecture, many of which survive today.

    All four of these microstates participate in the Council of Europe (Europe’s human rights organisation) and have therefore had to modernise to meet international standards of governance. This includes the independence of the judiciary.

    However, all four have also implemented these reforms without altering their institutional identity. Their commitment to preserving their distinctiveness from other countries prevents wider reform to their institutions. For them, the protection of national tradition and identity is a form of self-preservation rather than a mere expression of ideology.

    The distinctiveness of the four microstates lies in the survival of institutional arrangements that can no longer to be found practically anywhere else in the world. In the principalities of Liechtenstein and Monaco, for example, the monarchy still has a central role in the constitution.

    Unlike in most European states with a monarchy, in Liechtenstein and Monaco, the royal head of state continues to exercise meaningful power. Andorra and San Marino, meanwhile, operate under a dual head of state arrangement. They effectively have two monarchs.

    The populations of Europe’s medieval microstates.
    World Bank/ Data Commons, CC BY-ND

    Institutional arrangements in these principalities has been shaped by their diminutive size, both in terms of territory and population, and their geographical location. And these arrangements have survived since the middle ages because they have become their identity. While national tradition is an ideological debate in other nations, in these, preserving the past is a survival mechanism.

    Liechtenstein and Monaco

    Liechtenstein and Monaco are constitutional monarchies of the kind that offer substantial power to the royal family. Everything is organised around a prince, who exercises the executive power. Contemporary monarchies in the western legal tradition generally have a ceremonial king or queen but the executive power is held by an elected government. Liechtenstein and Monaco have maintained their historical organisation of government, centred on a very powerful monarch.

    Although his powers are not unlimited, in Monaco, the prince is not even accountable to the parliament for the powers he does hold. Liechtenstein’s prince enjoys even more powers, including the right to appoint half of the members of the constitutional court.

    However, the prince of Liechtenstein’s sovereign power is held in partnership with the people of Liechtenstein. The institutional architecture is built as to allow a system of checks and balances between the prince and the people.

    Since a 2003 constitutional amendment, for example, the people can table a motion of no-confidence in the prince if more than 1,500 citizens are in agreement to do so, which triggers a referendum on confidence in him. The same number of citizens can mount an initiative to abolish the monarchy entirely, should they choose to do so.

    Andorra and San Marino

    The principality of Andorra should more properly be called co-principality, because of its co-princes arrangement. One of the princes is the bishop of Urgell – from Catalonia – and the other is the president of the French Republic (and previously the French king or emperor). So another Andorran peculiarity is that neither of the princes are Andorran nationals.

    Following a 1993 reform that established a fully fledged constitution, neither prince holds sovereign power. Their present constitutional role is almost entirely ceremonial. However, concerns remain over the fact that they are not nationals of the state and that the heads of state are selected neither by the Andorran people nor by their representatives. The historical reason for a foreign head of state is the geographical location of Andorra – wedged between Catalonia and France. Allowing itself to be put under this double sovereignty was a guarantee of survival.

    San Marino also has a two-headed state but both leaders, called the Captains Regent, are Sammarinese nationals. They are elected by the Grand and General Council (the Sammarinese legislative body) and their distinctive trait is that they serve only a six-month term of office.

    The reason for such a short tenure is that San Marino has a population of just under 34,000 people. Everyone knows everyone else, which is a situation that can be detrimental to the independence of elective offices.

    Captains Regent can’t shore up enough power in their short time in office to be able to overthrow the republic. The Captains Regent were first established in 1243, shortly before a number of Italian republics were overthrown by wealthy families. One of the reasons why San Marino has been able to survive is because it has prevented one family from being more powerful than the others for centuries.

    Microstates are, therefore, not like Europe’s regular-sized states. They have distinctive institutional architectures – and often for understandable reasons.

    Elisa Bertolini 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. Europe’s microstates: the medieval monarchies that survive in our midst – https://theconversation.com/europes-microstates-the-medieval-monarchies-that-survive-in-our-midst-245328

    MIL OSI – Global Reports –

  • MIL-OSI USA: FACT SHEET: President  Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices in the Semiconductor  Sector

    US Senate News:

    Source: The White House
    A resilient and secure supply of foundational semiconductors is critical to U.S. national and economic security.  These semiconductors are essential to key sectors of the U.S. economy, powering cars, medical devices, critical infrastructure, key aerospace and defense systems, and the goods and services we rely on every day.
    The People’s Republic of China (PRC) routinely engages in non-market policies and practices, as well as industrial targeting, of the semiconductor industry that enables PRC companies to significantly harm competition and create dangerous supply chain dependencies in foundational semiconductors.  
    Today, the Biden-Harris Administration is taking additional action to protect American workers and businesses from the PRC’s unfair trade practices in the semiconductor sector and support a healthy domestic industry for foundational semiconductors. 
    These actions include:
    Launching a Section 301 investigation to examine the PRC’s targeting of foundational semiconductors.
    The Office of the U.S. Trade Representative is launching a Section 301 investigation to examine the PRC’s targeting of foundational semiconductors (also known as legacy or mature node chips) for dominance and the impact on the U.S. economy.
    In addition, the investigation will initially assess the impact of the PRC’s acts, policies, and practices on the production of silicon carbide substrates or other wafers used as inputs into semiconductor fabrication.
    PRC semiconductors often enter the U.S. market as a component of finished goods. This Section 301 investigation will examine a broad range of the PRC’s non-market acts, policies, and practices with respect to the semiconductor sector, including to the extent these semiconductors are incorporated as components into downstream products for critical industries like defense, automotive, medical devices, aerospace, telecommunications, and power generation and the electrical grid. 
    Awarding and catalyzing billions of dollars in semiconductor manufacturing projects across the country.
    The Biden-Harris Administration has championed efforts to ensure more chips are made in America by American workers, in particular through CHIPS and Science Act funding, which allocates at least $2 billion for mature semiconductors.  This was a key part of President Biden’s vision for renewing American economic leadership and a vibrant American industrial base.
    The United States is investing across the semiconductor supply chain—including the upstream materials critical to chip manufacturing such as silicon carbide and wafers.  To date, the Department of Commerce has catalyzed billions of dollars in private sector investments that will serve the American auto and defense industries, including the Texas Instruments projects in Texas and Utah, the GlobalFoundries projects in Vermont and New York, and the Bosch project in California.  Many of these investments also include supply agreements with customers across critical infrastructure industries to maximize the predictability, volume, and quality of domestically manufactured chips needed to power complex technology.  These investments are compounded and sustained by this Administration’s 48D Advanced Manufacturing Investment Credit, which will provide up to a 25% tax incentive for the manufacturing of semiconductors, semiconductor manufacturing equipment, and wafer production.
    Reducing national security risks in federal supply chains.
    Semiconductors are key components of U.S. critical infrastructure that have many military applications. It is vital that federal agencies procure secure and trusted chips. 
    To clean up federal procurement of semiconductors, the Biden-Harris Administration is:
    Implementing a statutory provision in the James M. Inhofe National Defense Authorization Act for FY 2023 that prohibits executive agencies from procuring or obtaining products and services that include chips from certain Chinese fabs and other entities of concern.
    Releasing a Request for Information (RFI) to gauge the best ways for government contractors to scale up their use of domestically manufactured chips, particularly for critical infrastructure.  The RFI intends to solicit commercial ideas from industry that may inform future policymaking in support of the government-wide effort to leverage existing manufacturing capacity.
    Issuing guidance to help the Federal Government – the world’s largest buyer – organize its demand for domestic semiconductors so that agencies can mitigate the risk posed by undue dependence on foreign manufacturing, limited competition, and possible higher manufacturing costs.  This effort includes agencies developing strategies to dual or multiple source semiconductors, increasing transparency for critical infrastructure supply chains, and providing the government’s demand for the products and services that use these chips.
    Prioritizing supply chain resilience and bolstering our toolkit to address non-market policies and practices.
    President Biden made supply chain resilience a Day One priority in his Administration.  The first-ever U.S. Government Quadrennial Supply Chain Review, published on December 19, provides an in-depth assessment of the United States’ critical supply chains, actions taken over the last four years to make each supply chain more resilient, and necessary steps to increase U.S. resilience in the future. 
    The Review includes a comprehensive strategy to respond to non-market policies and practices because they pose a significant challenge in critical industries covered in the supply chain report.  The strategy details the types of comprehensive action necessary to combat non-market policies and practices, including procurement policies. 
    Working with our partners around the world to strengthen cooperation on semiconductor supply chains and address shared concerns about China’s unfair practices.
    Semiconductor supply chains are critical not only to the United States but to all of our allies and partners.  The Biden-Harris Administration has closely consulted with allies and partners on promoting economic resilience and addressing the PRC’s non-market practices in the semiconductor supply chain, including through the following efforts:
    The State Department launched the CHIPS and Science Act’s International Technology Security and Innovation (ITSI) Fund, which has thus far partnered with eight countries – Costa Rica, Panama, Vietnam, Indonesia, India, Kenya, the Philippines, and Mexico – to promote semiconductor supply chain development, security, and diversification.
    The Department of Commerce announced the Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement Relating to Supply Chain Resilience with 13 diverse partner countries across the Indo-Pacific, led by the United States, to coordinate more resilient supply chains for semiconductors and other industries.
    Within the G7, the United States has championed efforts to bolster economic resilience and address harmful market distortions and global excess capacity in key sectors resulting from non-market policies and practices.   This led to the establishment of mechanisms to jointly monitor and respond to these detrimental practices, including in the semiconductor sector.  
    President Biden recognizes the benefits for our workers and businesses from strong alliances and a rules-based international trade system based on fair competition.  The Biden-Harris Administration will continue to collaborate with allies and partners on this critical issue in the coming days and weeks.  

    MIL OSI USA News –

  • MIL-OSI: Bitget Ranks Among Top 3 Crypto Exchanges for Futures Trading in November Report

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Dec. 23, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has shared its monthly transparency report highlighting the ecosystem’s strong performance in November 2024. The cryptomarket saw a sharp increase, with Bitcoin surging past $106,000. At Bitget, this ATH trend was replicated, with Bitget Token (BGB) rising from approximately $1.44 to $1.70, marking an increase of around 18%. This upward trend was driven by Bitget’s global expansion and significant growth in trading volumes, user engagement, and platform security, especially achieving the third position worldwide in global futures trading.

    Bitget retained over 45 million users with a daily trading volume of $10 billion, while USDT-M futures trading volume surged to $16 billion, and daily spot trading volume doubled, reaching $400 million. Its Protection Fund, growing impressively from $400 million+ to over $600 million, supports strong security and user trust on the platform.

    In November, Bitget’s top-performing spot tokens saw impressive growth, led by UNICE at 2666.71%. Additionally, 13 tokens were listed on Poolx, and 5 tokens among these were also featured in Pre-market listings, showcasing strong interest and dual exposure for these assets.

    Bitget hosted “Pitch n’ Slay” event in Bangkok. Under Bitget’s Blockchain4Her program, the competition provided exposure, capital and guidance for female entrepreneurs in the blockchain space and offered a chance to secure up to $100,000 in funding by Foresight Ventures. Pitch n’ Slay showcased the power of collaboration in creating inclusive pathways for women in blockchain, aligning with Bitget’s commitment to fostering a diverse and thriving blockchain ecosystem.

    Bitget introduced VND Bank Transfer in Vietnam. It enables users to deposit VND through VietQR and withdraw funds via bank transfers to purchase popular crypto such as BTC, ETH, USDT, SOL, and BGB through Bitget’s cash conversion feature.

    Bitget Wallet introduced a comprehensive memecoin trading toolkit, enabling users to discover high-potential tokens, analyze critical data, and trade seamlessly across multiple chains. Additionally, it launched the Refer2Earn Program, encouraging user growth through passive income, and a $20M Telegram Mini-App Support Program to empower developers and drive innovation in the Telegram ecosystem.

    Bitget’s strong performance shows it shines again as the top global players in the crypto industry. The company will keep focusing on innovation, user engagement, and market expansion in the rapidly evolving crypto sector, ongoingly bridging CeFi and DeFi, and expanding access to decentralized finance.

    For more information, please visit the monthly report here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44eb3496-f2b3-4044-a147-b66820609d72

    The MIL Network –

  • MIL-OSI Economics: sante-Itd.com.co: BaFin investigates Sante Limited

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about the company Sante Limited and the services it is offering. BaFin has information that the company is offering banking business and/or financial services on its website sante-Itd.com.co without the required authorisation. The company is not supervised by BaFin.

    Banking business and financial services may only be offered in Germany with authorisation from BaFin. However, some companies offer these services without the required authorisation. Information on whether particular companies have been authorised by BaFin can be found in BaFin’s database of companies.

    The information provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

  • MIL-OSI Global: Five ways to beat loneliness this winter

    Source: The Conversation – UK – By Dorothy Yen, Professor in Marketing and Lead on the Happy to Chat project, Brunel University of London

    Tricky_Shark/Shutterstock

    For some people, loneliness can feel overwhelming, especially during winter, but small steps toward connection can make a significant difference. Research shows that micro conversations with strangers can help improve wellbeing and reduce feelings of loneliness.

    This explains why in the UK, the new charity Happy to Chat is trying to encourage people to talk to each other when out and about. In Sweden, a similar scheme – the Say Hi campaign – was also launched in winter 2023 to promote small talks among people in their neighbourhoods.

    Most studies on the benefits of talking to strangers have focused on younger people, leaving a big question mark over how older adults experience these everyday interactions. Yet, this is a group that could stand to benefit the most. The World Health Organization estimates that one in four older adults face social isolation, which can seriously affect their health, happiness, and even how long they live.

    Our research shows that most older people in the UK have a positive attitude towards the idea of small talk when out and about. They see it as being neighbourly, an act of kindness, a way to brighten someone else’s day. Popular spots for these chats include bright, public spaces, like shopping centres, garden centres, libraries, community events, university campuses, or even while waiting for public transport.

    Feeling confident is important; it’s not just about starting a conversation or keeping it going. It’s also about feeling safe and in control. That confidence isn’t the same for everyone, though. Older women, in particular, were more concerned about potential challenges such as personal safety or dealing with an awkward or uncomfortable chat.

    A safe and secure environment can make all the difference in their choice of whether to engage in small talk when out and about. So, it is important that we all make an effort in creating a friendly environment, combating loneliness together through small and meaningful conversations. With that in mind, here are five ways to beat loneliness this winter and build those much needed connections.

    1. Join the ‘happy to chat’ movement

    A simple conversation can go a long way in making both you and others feel more connected. The “happy to chat” initiative in the UK encourages people to sit at designated benches or wear ‘happy to chat’ badges that signal their openness to friendly talks with those passing by. Our research shows that these badges work wonders as ice breakers, making it easier to strike up a conversation. Whether you’re at a park, garden centre, café, or on public transport, a little small talk can brighten your day and build a sense of community.

    2. Volunteer for a local charity

    Giving back not only benefits others but can also create a sense of purpose and connection. Many organisations seek extra hands during the winter, especially for holiday drives, food banks or programmes supporting older people. Volunteering is a great way to meet like-minded people while spreading warmth and joy.

    3. Take part in community activities

    From Christmas carol singing to craft workshops and winter walks, your local area is probably buzzing with events this season. Joining in these activities is a natural way to socialise and meet new people. Have a look at your community centre or local general practitioners notice boards. Neighbourhood gatherings or shared hobbies make connecting with others feel effortless and fun.

    4. Stay active and embrace the outdoors

    Exercise has proven mental health benefits, including reducing feelings of loneliness. Bundle up and take a brisk walk in the park, or join a local fitness class or walking group, where you can enjoy the fresh air while having small talks with others. Outdoor winter activities like ice skating may not be everyone’s cup of tea, but having a visit to seasonal markets can also provide opportunities to interact with others.

    5. Reconnect with friends and family

    The holiday season is a perfect time to reach out to loved ones or people you may have lost in touch with. But don’t forget that loneliness can be all year around. Drop a postcard to say hello, schedule a call or meet-ups, even if it’s just for a quick coffee. If you can’t meet in person, virtual gatherings can still help you feel connected and cared for.

    What is not recommended?

    Although pets can provide companionship, they require long-term commitment, time and care. Getting a pet solely to combat loneliness during the winter isn’t a good idea.

    Pets are for life, not just for the holiday season, and taking on this responsibility without careful thought can lead to challenges for both you and the animal. Instead, consider alternative ways to connect, like volunteering at an animal shelter or spending time with friends who have pets.

    Loneliness can feel overwhelming, especially during winter, but small steps toward connection can make a significant difference. By reaching out to others and engaging in your community, you can transform this season into one of warmth, companionship and joy. Sometimes, all it takes is a simple smile or a friendly conversation to turn someone’s day around – including your own.

    Christina Victor receives funding from ESRC, Dunhill Medical Trust, Wellcome Trust, Alzheimer’s Society, NIHR

    Dorothy Yen 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. Five ways to beat loneliness this winter – https://theconversation.com/five-ways-to-beat-loneliness-this-winter-245630

    MIL OSI – Global Reports –

  • MIL-OSI Global: In the age of AI, Wallace and Gromit’s claymation style remains a festive favourite

    Source: The Conversation – UK – By Christopher Holliday, Senior Lecturer in Liberal Arts and Visual Cultures Education, Department of Interdisciplinary Humanities, King’s College London

    A new Wallace and Gromit adventure, Vengeance Most Fowl (2024), premieres on BBC One and Netflix this Christmas Day. It’s been nearly 20 years since the last feature film about Yorkshire’s favourite eccentric inventor and his above-intelligent pet dog, The Curse of the Were-Rabbit (2005).

    Aardman’s latest Christmas instalment marks the reappearance of Feathers McGraw, the mysterious and silent penguin villain from The Wrong Trousers (1993). It also represents the latest outing for the Bristol-based company’s signature stop-motion “claymation” style – which is both a symbol of the studio’s enduring relationship to craft, and a vital element of Aardman’s international identity as an animation powerhouse.

    A new era of artificial intelligence is threatening to transform the boundaries of what we understand as art. So it is significant that one of this year’s most highly anticipated festive films celebrates the skill and spirit of handmade animation.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    Aardman was founded in 1972. Over the last 50 years, the studio has cultivated a durable and worldwide reputation as a pioneer of animation as a handmade, craft-based art form.

    Both before and after its feature-film debut, Chicken Run (2000), the studio’s stop-motion approach was refined across an extensive range of animated projects and commissions. These included short films like Creature Comforts (1990), the first Aardman production to win an Academy Award, as well as an array of television idents, music videos and advertising campaigns.

    Such has been Aardman’s longstanding connection to claymation that when the Newplast company shut down in March 2023, sparking rumours of a shortage of its famous modelling clay, the studio issued a statement denying it was running out of materials, while assuring fans it would find a new supplier for future projects.

    The trailer for Wallace and Gromit: Vengeance Most Fowl.

    Aardman’s animated productions have been a staple of Christmas film and television since Wallace and Gromit creator Nick Park’s 30-minute short The Wrong Trousers debuted on Boxing Day 1993.

    So much so, in fact, that Aardman proclaims that it is “proud to be synonymous with Christmas”. The many television specials featuring old and new Aardman characters include the 30-minute Netflix Christmas shorts Shaun The Sheep: A Flight Before Christmas (2021) and Robin Robin (2021), as well as multiple “cracking” Christmas advertising campaigns.

    This Christmas season, that’s included the decorating of London’s Battersea power station with Aardman characters, and a collection of specially commissioned Christmas idents exclusively for the BBC.

    Aardman goes digital

    Despite a defining investment in the creative potential of claymation, the studio has occasionally dipped a toe into the the world of digital technology. A brief foray into computer-animated filmmaking in the early 2000s with Flushed Away (2006) and Arthur Christmas (2011) marked an ultimately short-lived creative partnership with DreamWorks Animation and Sony Pictures.

    While Aardman’s involvement with these renowned Hollywood companies pushed the studio away from its house style and ushered in a new kind of big-screen humour, in design at least, these films retained their quintessential Aardman “look”. But though these characters appeared firmly from the Aardman stable (particularly in their recognisably exaggerated smiles), their animated perfection demonstrated the pristine visuals increasingly afforded by sophisticated computer graphics.

    Clearly, much like Wallace, Aardman animators aren’t immune to the thrill of technological innovation. But they have still largely maintained their claymation methods of production, to instil in audiences the many pleasures of doing things by hand.

    The glimpse of fingerprints accidentally pressed into the modelling clay, coupled with the jerky movements of their plasticine characters, emphasises that Aardman methods remain far removed from modern technology. Craft and the handmade are therefore as much business strategies as they are aesthetic choices, deployed to sell the Aardman brand around the world.

    After a hiatus of almost 20 years, the imminent return of Wallace and Gromit to British screens seems a pointed reflection on the virtues of the handmade, against the acceleration of AI within the film industry.

    With Vengeance Most Fowl telling the story of a rogue automatic garden gnome, Aardman is seemingly questioning a future built from computerised (and potentially dangerous) automation. By preserving the artisanal and anchoring its very British charm once again to the hand-crafted, slightly imperfect models that populate these stop-motion animated worlds, it seems that, for Aardman at least, computers are not always what they are cracked up to be.

    Christopher Holliday 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 the age of AI, Wallace and Gromit’s claymation style remains a festive favourite – https://theconversation.com/in-the-age-of-ai-wallace-and-gromits-claymation-style-remains-a-festive-favourite-246070

    MIL OSI – Global Reports –

  • MIL-OSI Global: Are we moral blank slates at birth? A new study offers some clues

    Source: The Conversation – UK – By Madeline G. Reinecke, Postdoctoral Researcher, Collective Moral Development, University of Oxford

    Saulich Elena/Shutterstock

    What does a baby know about right and wrong? A foundational finding in moral psychology suggested that even infants have a moral sense, preferring “helpers” over “hinderers” before uttering their first word. Now, nearly 20 years later, a study that tried to replicate these findings calls this result into question.

    In the original study, Kiley Hamlin and her colleagues showed a puppet show to six- and ten-month-old babies. During the show, the babies would see a character — which was really just a shape with googly eyes — struggling to reach the top of a hill.

    Next, a new character would either help the struggling individual reach the top (acting as a “helper”) or push the character back down to the bottom of the hill (acting as a “hinderer”).

    By gauging babies’ behaviour — specifically, watching how their eyes moved during the show and whether they preferred to hold a specific character after the show ended — it seemed that the infants had basic moral preferences. Indeed, in the first study, 88% of the ten-month-olds – and 100% of the six-month-olds – chose to reach for the helper.

    Kiley Hamlin explains the helper-hinderer experiment.

    But psychology, and developmental psychology, in particular, is no stranger to replicability concerns (when it is difficult or impossible to reproduce the results of a scientific study). After all, the original study sampled only a few dozen infants.

    This isn’t the fault of the researchers; it’s just really hard to collect data from babies. But what if it was possible to run the same study again — with say, hundreds or even thousands of babies? Would researchers find the same result?

    This is the chief aim of ManyBabies, a consortium of developmental psychologists spread around the world. By combining resources across individual research labs, ManyBabies can robustly test findings in developmental science, like Hamlin’s original “helper-hinderer” effect. And as of last month, the results are in.

    With a final sample of 567 babies, tested in 37 research labs across five continents, babies did not show evidence of an early-emerging moral sense. Across the ages tested, babies showed no preference for the helpful character.

    Blank slate?

    John Locke, an English philosopher argued that the human mind is a “tabula rasa” or “blank slate”. Everything that we, as humans, know comes from our experiences in the world. So should people take the most recent ManyBabies result as evidence of this? My answer, however underwhelming, is “perhaps”.

    This is not the first attempted replication of the helper-hinderer effect (nor is it the first “failure to replicate”). In fact, there have been a number of successful replications. It can be hard to know what underlies differences in results. For example, a previous “failure” seemed to come from the characters’ “googly eyes” not being oriented the right way.

    The ManyBabies experiment also had an important change in how the “show” was presented to infants. Rather than a puppet show performed live to baby participants, researchers instead presented a video with digital versions of the characters. This approach has its strengths. For example, ensuring that the exact same presentation occurs across every trial, in every lab. But it could also shift how babies engage with the show and its characters.

    I appreciated the recent remarks made by Michael Frank, founder of the ManyBabies consortium, on social network BlueSky: “Some people will jump to the interpretation that [the results of ManyBabies] shows that the original finding was incorrect (and hence that the other replications were incorrect as well, and the earlier non-replications were right). This [is] one possibility – but we shouldn’t be so quick to jump to conclusions.”

    Rather, we can take this finding for exactly what it is: a well-executed large investigation (senior-authored by Kiley Hamlin herself) of the hypothesis that infants prefer helpers over hinderers. In this instance, the hypothesis was not supported.

    This could be because, underneath it all, Locke was right. Perhaps the babies tested hadn’t had enough time in the world to learn “right from wrong”, so they wouldn’t make any distinction between a helpful character and a harmful one. Or perhaps there’s something more complicated going on. Only more science, with many, many more babies, will tell us.

    At the very least, a question mark now hangs over one of the most famous experiments in developmental psychology.

    Madeline G. Reinecke 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. Are we moral blank slates at birth? A new study offers some clues – https://theconversation.com/are-we-moral-blank-slates-at-birth-a-new-study-offers-some-clues-245333

    MIL OSI – Global Reports –

  • MIL-OSI Global: Why there’s no such thing as normal in child development

    Source: The Conversation – UK – By Samuel Forbes, Associate Professor in Psychology, Durham University

    Hasnuddin/Shutterstock

    For parents, carers and teachers, it’s often tempting to base our thinking on a child’s development around what we understand as “normal”. Much of the time we do this without thinking, describing a child as “doing well” in one subject and “behind” in another.

    Whenever we make this sort of comparison, we have some sort of mental benchmark or yardstick in our head: for example, a toddler should be able to climb on furniture by age two. Increasingly, child development researchers are arguing that the same thing happens in child development research — the study of how behaviours and abilities such as language develop.

    Many of the studies that claim to research child development either implicitly, or explicitly, claim that their findings are universal.

    There could be many reasons for this. Sometimes there’s a temptation to oversell conclusions, sometimes it might be the way findings are interpreted by readers or the media. The upshot is that what’s been found in one group of children is then taken as the standard — the yardstick against which future research is compared.

    Most of the research into how children develop comes from wealthier, western countries, in particular the US, the UK, the Netherlands, Germany and France. Chances are, if you’ve heard of milestones in child development, they were developed in one of these countries.

    This is so much so that it can be challenging to do basic research on child development in developing countries, as peers and reviewers will ask for or demand comparisons to western populations to put findings from these regions in context. Of course without realising it, these peers and reviewers have set up western children as a norm.

    Most of the existing academic research on child development comes from western countries.
    Olesia Bilkei/Shutterstock

    But is it fair to make these comparisons? One of the tricky things about researching child development is that it occurs within a cultural and social context it can’t be removed from. But this context is often messy. Differences in physical environment, parenting styles, location, climate and so on all interact to shape how children grow.

    Besides these differences, there is individual variation as well. These could be, for instance, curiosity, shyness and neurodiversity, which can all frame how a child shapes their own learning environment.

    Take for example the field of motor development in infancy – the study of
    how children learn to move. Many parents in particular might be familiar with charts showing when they can expect their child to sit, crawl, stand and run. The existence of these charts make it seem pretty universal, and often a child’s motor development is judged accordingly.

    This makes sense. Early research was preoccupied with finding out what was normal, and it makes sense to try to support children who might be at risk of falling behind. The timing and order investigated back then led to the norms and scales we still use today.

    Is something like motor development timing universal? It’s easy to imagine that it might be. When there are no physical or cognitive barriers we all learn to sit and stand, so on the surface it seems fair to say this could be.

    But it turns out that the context that children develop in plays a huge role even
    in something as seemingly universal as this. In countries and
    cultures where babies routinely receive firm massages from caregivers, such as in Jamaica, motor development is accelerated. It’s clear that a norm developed in one culture might not translate well to another.

    Beyond norms

    It’s clear to see that the problems highlighted above are not unique to motor development. In areas like language development or social development the cultural component is even more compelling.

    There is simply no way of understanding these elements of child development without also understanding the context in which they take place. Every child is developing within a context and however normal our own culture feels to us, there is no objective context-free norm that we can compare other children to. That is, to say, we should embrace the mess.

    If we think of normal child development as being something that just happens, researchers miss out on understanding the dynamics of development itself. But worse, educators and caregivers might not realise development is something we can act upon, and miss an opportunity to enact change.

    An important part of seeing child development as being intertwined with culture is that it doesn’t just mean collecting data from other cultures, but involving local communities and research perspectives. Understanding communities means listening to them, empowering them and making space for them to have a voice.

    Moving beyond a western-centric understanding of child development won’t just benefit researchers and lead to more accurate science, but hopefully benefit everyone working with children around the world.

    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. Why there’s no such thing as normal in child development – https://theconversation.com/why-theres-no-such-thing-as-normal-in-child-development-244681

    MIL OSI – Global Reports –

  • MIL-OSI: BTCC Exchange Celebrates OG Week 2 with Exclusive FLOKI AMA on X Spaces

    Source: GlobeNewswire (MIL-OSI)

    VILNIUS, Lithuania, Dec. 23, 2024 (GLOBE NEWSWIRE) — BTCC, one of the longest-standing cryptocurrency exchanges, recently hosted an engaging AMA (Ask Me Anything) session on X Spaces featuring FLOKI, one of the original meme coins in crypto.

    The AMA was part of BTCC’s “OG Week” campaign, where iconic long-term meme coins are spotlighted and celebrated. Pedro Vidal, Community Relations Officer for Floki and TokenFi Blockchain, joined the session to discuss FLOKI’s vision for 2024 and beyond.

    The AMA was a resounding success, with over 1,500 crypto enthusiasts tuning in to explore FLOKI’s journey, and check out some big developments landing this coming year. Anyone interested in listening back can check out the AMA here

    Highlights of the Discussion

    The AMA covered many points, and gave a deep insight into FLOKI’s history, position in the crypto market, and some exciting points for 2025:

    Topic 1 – FLOKI’s Inception

    Topic 1 covered FLOKI’s inception, and discussed how FLOKI was born from a tweet from Elon Musk in 2021. Though the coin initially suffered rug pulls from the team who initially launched the project, it has now become a community-led project.

    FLOKI is now governed by a DAO, leaving the ownership and direction of the token in the hands of the community. The DAO is important as it aligns closely with the current team’s focus on community feedback, utility and transparency, and dedication to the success of the project – and also to avoid the pitfalls from the initial launch of the coin.

    Topic 2 – FLOKIs Blockchain Gaming Platform

    Topic 2 focused on the big ticket success on FLOKI – Valhalla. The crypto household name game took the market by storm and features all the hallmarks of a global superstar – from an easy-to access, browser-based design, and global accessibility, everyone inside the FLOKI community is excited about the future of Valhalla.

    “The idea is to continue to improve and leave blockchain forever changed.”

    – Pedro Vidal, on Floki’s Valhalla Metaverse game

    Topic 3 – FLOKI Debit Card and Trading Bot

    Another hot topic on the agenda was the FLOKI debit card, which now offers crypto enthusiasts a way to spend their crypto across 8 different chains, with 0% transaction fees. The cards are available in both physical and virtual forms, which is another step toward FLOKI’s vision of a more financially enabled world, powered by memecoins.

    FLOKI have also released their Telegram trading bot, aiming to streamline the trading experience, all from inside users’ telegram accounts. The bot supports multiple chains and is live now!

    Topic 4 – 2025 and Beyond

    For 2025, Pedro emphasized the importance of staying true to the project’s values of transparency and utility, and managing and promoting growth were emphasized – however 2025 shapes up for FLOKI, the ecosystem looks set for a rapid expansion.

    FLOKI is available on BTCC for spot and futures trading. Up to 50x leverage is supported, and as one of the hottest meme coins on the platform, interest looks set to build for the coming season.

    BTCC OG Week

    To celebrate the OG meme coins that laid the foundations for the current cycle’s top gainers like DOGE, FLOKI, and PEPE, BTCC Exchange has announced the BTCC OG Week campaign, where meme fanatics can undertake social and trading tasks to win USDT rewards, with a prize pool of 300 USDT and 300 USDT in withdrawable rewards each week.

    Week 1, which saw BTC in the limelight has already concluded, and winners of the trading competition have already been announced on BTCC’s X page.

    BTCC continues its OG Week campaign with the featuring DOGE, and there’s plenty more amazing content to come.

    Going forward, BTCC have scheduled more AMAs and special features on other long-term meme coins. To stay updated on future campaigns and win exclusive rewards, follow BTCC’s X account.

    For additional information, visit BTCC’s website or follow BTCC and Floki on X.

    Media Contact Details
    Contact Name: Aaryn Ling
    Contact Email: press@btcc.com

    About BTCC

    BTCC is a long-standing crypto exchange with over 13 years experience in the crypto space, and 0 security breaches. BTCC makes crypto trading easier with user-centric features that are sure to suit the needs of novice and advanced traders alike, wherever they are in the world.

    Disclaimer: This content is provided by BTCC. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/634ab0fe-7ecb-48c0-bc9d-f8c188a3fb50

    The MIL Network –

  • MIL-OSI: Tower Semiconductor Releases 300mm 65nm 3.3V-Based BCD Power Management Platform

    Source: GlobeNewswire (MIL-OSI)

    Delivering high-efficiency power, high-performance analog, and high-density digital in a single power management platform for mobile, AI, and data center applications 

    MIGDAL HAEMEK, Israel, December 23, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced its new 300mm 65nm 3.3V-based BCD Power management platform, PML, in addition to its successful 5V-based offering already in high-volume production in Japan and that which is being qualified in Albuquerque, New Mexico, USA, manufacturing site. This new, cutting-edge platform addresses the stringent low-voltage requirements of mobile devices and meets the growing demands for high power efficiency and power density in AI and data center applications.

    The advanced 300mm BCD PML offering comprises LDMOS devices with ultra-low on-resistance and best-in-class figure-of-merit, achieving highest power conversion efficiency for fast switching converters. In addition, it features power devices with wide voltage range and a nominal 3.3V gate voltage that can be substantially overdriven and underdriven addressing products such as PMIC, Audio IC, and high-power voltage regulators for GPU and CPU. These advantages enable users to achieve outstanding performance in power consumption and extend battery life in battery operated applications.

    “Our new PML platform exemplifies Tower Semiconductor’s continuous success in providing cutting-edge power management technology solutions,” said Shimon Greenberg, General Manager of Power Management Business Unit. “Specifically designed for advanced power management applications, this innovation empowers our customers to develop industry-leading products with a competitive edge that address the evolving demands of the strategic mobile, AI, and data center markets”.

    For additional information on Tower’s PM technology platform, please visit here.

    About Tower Semiconductor         

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns two facilities in Israel (150mm and 200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy, with ST as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    Safe Harbor Regarding Forward-Looking Statements

    This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release.

    Tower Semiconductor Investor Relations Contact: Noit Levy | +972-4-604-7066 | noitle@towersemi.com
    Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com

    Attachment

    The MIL Network –

  • MIL-OSI: Enlight Announces the Financial Close for Project Roadrunner

    Source: GlobeNewswire (MIL-OSI)

    The debt financing package includes $550 million of construction loans

    Roadrunner consists of 290 MW of solar generation and 940 MWh of energy storage capacity, and is expected to reach full COD by the end of 2025

    TEL AVIV, Israel, Dec. 23, 2024 (GLOBE NEWSWIRE) — Enlight Renewable Energy Ltd. (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced that the Company has arranged the debt financing (the “Debt Financing”) for project Roadrunner (“Roadrunner” or “the Project”), located near Tuscon, Arizona, USA.

    As part of the Debt Financing, Enlight, through its subsidiary Clenera Holdings LLC, has entered into a loan agreement with a consortium of four leading global banks including BNP Paribas Securities Corp, Crédit Agricole, Natixis CIB, and Norddeutsche Landesbank Girozentrale (Nord/LB), totaling $550 million, which are expected to convert into a $290 million term loan and $320 million of tax equity funding upon the Project’s COD. The term loan is structured with an amortization tenor of 20-25 years and is to be fully repaid 5 years from the Project’s COD (mini perm). The loans are subject to an all-in interest rate of SOFR + 1.5%-1.75%, which rises by 0.125% after four years. Paragon Energy Capital served as Clenera’s exclusive financial advisor on the transaction.

    During the Project’s construction period, the Company’s equity investment is expected to amount to 10% of the expected total Project cost of $610 million. The debt financing arrangements are expected to enable the Company to recycle the entire equity investment upon COD subject to minimum project coverage ratios. The Company expects to conclude a tax equity transaction during 2025, noting that the project has secured safe harbor status.

    Roadrunner (also known as Apache Solar II) is the second-largest project in Enlight’s history, consists of 290 MW solar generation and 940 MWh of energy storage capacity, and is expected to reach full COD by the end of 2025. Construction at the 1200-acre site has already begun, and all procurement contracts have been signed. The Project has a 20-year busbar power purchase agreement covering its entire output with the Arizona Electric Power Cooperative (AEPCO), and is expected to generate revenues of $51-54 million and EBITDA1 of $41-44 million in its first full year of operation. A summary of the Project’s financial information appears in the tables below:

    (as expected at COD)

    Total project cost

    Term debt

    Upfront tax equity

    Sponsor equity upon COD
     

    $ 610 million

    $ 290 million

    $320 million

    $0
     

    Total project cost net of tax equity

    Revenues in first full year

    EBITDA in first full year1
     

    $ 290 million

    $51-54 million

    $41-44 million

    1EBITDA is a non-IFRS financial measure. This figure represents EBITDA for the project and excludes all ITC and PTC proceeds, as well as the impact of a potential tax equity transaction. The tax equity partner’s share is expected to range between 10-15% of the Project’s EBITDA during the first years of operation.

    Roadrunner is being built in the Sulphur Springs Valley region near Tucson, Arizona. Arizona possesses one of highest rates of growth in data centers in the U.S., driving a significant increase in the demand for electricity. The area’s high altitude, mild weather, and very high irradiance make it especially suitable for a utility-scale solar plant. The Project is located in a sparsely populated area and integrates with the larger Apache Generating Station, a diverse energy complex used by AEPCO.

    After the completion of Apex in Montana and Atrisco in New Mexico, Roadrunner is one of several major solar and energy storage projects that Enlight and Clenera are now constructing in the U.S. These include Country Acres (392 MW and 688 MWh) and Quail Ranch (128 MW and 400 MWh). Along with additional projects planned to be built in the years to come, these projects are driving Enlight’s massive expansion into the U.S. renewable energy market. This is best illustrated by the growing run rate of Enlight’s U.S. revenue base, which is expected to reach $195-207 million annually after the completion of the projects now under construction.

    The Company’s next projects in Arizona are Snowflake (600 MW and 1,900 MWh) and CO Bar (1,211 MW and 824 MWh). The two mega projects have almost completed their development phase, and are scheduled to begin construction in the coming months. Each of the two projects are set to achieve grid connection of 1.0 GW, one of the largest in the US. These grid connections generate potential additional development opportunities in the future through the Company’s “Connect and Expand” strategy, which seeks to leverage existing interconnect infrastructure with additional generation capacity.

    Nir Yehuda, CFO of Enlight, commented, “We appreciate our financial partners’ support and commitment in arranging the debt financing for project Roadrunner, which has made it possible for us to progress with its construction. Roadrunner is expected to begin commercial operation by the end of 2025. We look forward to continued collaboration on Country Acres and Quail Ranch, projects which we are now in the process of building and financing.”

    “We are grateful to have established our business as a reliable partner for these financial institutions,” said Adam Pishl, President and CEO of Clenera. “We have demonstrated our ability to build projects on time and on budget, and manage operational solar and storage farms that generate consistent long-term returns. It is exciting to close this deal and fuel our continued growth with projects across America.”

    Aashish Mohan, Co-Head of Energy, Resources & Infrastructure Americas, at BNP Paribas, commented, “BNP Paribas is proud to have supported Clenera and Enlight as Coordinating Lead Arranger on this landmark clean energy project financing. Supporting premier platforms like Clenera squarely fits our energy transition ambitions, and we look forward to partnering with the company again as they continue to execute on their high-quality pipeline.”

    Daniel Feigin, Head of Energy & Infrastructure Group, North America at Crédit Agricole CIB, said, “Crédit Agricole CIB’s collaboration with Enlight and Clenera on this landmark project in Arizona is a testament to the power of partnership and innovation. Roadrunner will provide clean, low-cost energy and storage. We are honored to have played a crucial role in helping a world class developer bringing this project to financial close and contributing to our mission of facilitating clean power generation and economic growth.”

    Nasir Khan, Managing Director & Head of Infrastructure & Energy Finance Americas at Natixis CIB, said, “We are thrilled to announce the successful close our first transaction with Enlight and Clenera, and would especially like to thank the teams for their professionalism and partnership over the past several months. Natixis CIB is committed to driving the energy transition through financing high-quality landmark projects such as Roadrunner, and we look forward to seeing it reach completion in the next year.”

    Sondra Martinez, Managing Director and Head of Originations at NORD/LB New York, commented, “Nord/LB is thrilled to support Clenera and Enlight on the Roadrunner transaction. This transaction represents our commitment to partnerships and supporting clients as they advance the energy transition.”

    About Enlight Renewable Energy

    Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, wind and energy storage. A global platform, Enlight operates in the United States, Israel and 10 European countries. Enlight has been traded on the Tel Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its US IPO (NASDAQ: ENLT) in 2023. Learn more at enlightenergy.co.il.

    Investor Contact

    Yonah Weisz
    Director IR
    investors@enlightenergy.co.il

    Erica Mannion or Mike Funari
    Sapphire Investor Relations, LLC
    +1 617 542 6180
    investors@enlightenergy.co.il

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the Company’s expectations relating to the Project, the PPA and the related interconnection agreement and lease option, and the completion timeline for the Project, are forward-looking statements. The words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “target,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible,” “forecasts,” “aims” or the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our ability to site suitable land for, and otherwise source, renewable energy projects and to successfully develop and convert them into Operational Projects; availability of, and access to, interconnection facilities and transmission systems; our ability to obtain and maintain governmental and other regulatory approvals and permits, including environmental approvals and permits; construction delays, operational delays and supply chain disruptions leading to increased cost of materials required for the construction of our projects, as well as cost overruns and delays related to disputes with contractors; our suppliers’ ability and willingness to perform both existing and future obligations; competition from traditional and renewable energy companies in developing renewable energy projects; potential slowed demand for renewable energy projects and our ability to enter into new offtake contracts on acceptable terms and prices as current offtake contracts expire; offtakers’ ability to terminate contracts or seek other remedies resulting from failure of our projects to meet development, operational or performance benchmarks; various technical and operational challenges leading to unplanned outages, reduced output, interconnection or termination issues; the dependence of our production and revenue on suitable meteorological and environmental conditions, and our ability to accurately predict such conditions; our ability to enforce warranties provided by our counterparties in the event that our projects do not perform as expected; government curtailment, energy price caps and other government actions that restrict or reduce the profitability of renewable energy production; electricity price volatility, unusual weather conditions (including the effects of climate change, could adversely affect wind and solar conditions), catastrophic weather-related or other damage to facilities, unscheduled generation outages, maintenance or repairs, unanticipated changes to availability due to higher demand, shortages, transportation problems or other developments, environmental incidents, or electric transmission system constraints and the possibility that we may not have adequate insurance to cover losses as a result of such hazards; our dependence on certain operational projects for a substantial portion of our cash flows; our ability to continue to grow our portfolio of projects through successful acquisitions; changes and advances in technology that impair or eliminate the competitive advantage of our projects or upsets the expectations underlying investments in our technologies; our ability to effectively anticipate and manage cost inflation, interest rate risk, currency exchange fluctuations and other macroeconomic conditions that impact our business; our ability to retain and attract key personnel; our ability to manage legal and regulatory compliance and litigation risk across our global corporate structure; our ability to protect our business from, and manage the impact of, cyber-attacks, disruptions and security incidents, as well as acts of terrorism or war; changes to existing renewable energy industry policies and regulations that present technical, regulatory and economic barriers to renewable energy projects; the reduction, elimination or expiration of government incentives for, or regulations mandating the use of, renewable energy; our ability to effectively manage our supply chain and comply with applicable regulations with respect to international trade relations, tariffs, sanctions, export controls and anti-bribery and anti-corruption laws; our ability to effectively comply with Environmental Health and Safety and other laws and regulations and receive and maintain all necessary licenses, permits and authorizations; our performance of various obligations under the terms of our indebtedness (and the indebtedness of our subsidiaries that we guarantee) and our ability to continue to secure project financing on attractive terms for our projects; limitations on our management rights and operational flexibility due to our use of tax equity arrangements; potential claims and disagreements with partners, investors and other counterparties that could reduce our right to cash flows generated by our projects; our ability to comply with tax laws of various jurisdictions in which we currently operate as well as the tax laws in jurisdictions in which we intend to operate in the future; the unknown effect of the dual listing of our ordinary shares on the price of our ordinary shares; various risks related to our incorporation and location in Israel; the costs and requirements of being a public company, including the diversion of management’s attention with respect to such requirements; certain provisions in our Articles of Association and certain applicable regulations that may delay or prevent a change of control; and other risk factors set forth in the section titled “Risk factors” in our Annual Report on Form 20-F for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission (the “SEC”) and our other documents filed with or furnished to the SEC.

    These statements reflect management’s current expectations regarding future events and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as may be required by applicable law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

    The MIL Network –

  • MIL-OSI: Hyperscale Data Enters into an Agreement for a Financing of up to $25 Million

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Dec. 23, 2024 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), announced today that it has entered into a Securities Purchase Agreement (the “Agreement”) providing for up to $25 million of financing (the “Financing”) from Ault & Company, Inc., a related party (“A&C”). Pursuant to the Agreement, Hyperscale Data has agreed to issue and sell to A&C up to $25 million in shares of Series G Convertible Preferred Stock (the “Preferred Shares”). The Preferred Shares will be senior to all other classes of preferred stock the Company has outstanding except with respect to the Series C Convertible Preferred Stock (the “Series C Preferred Stock”), with which it ranks in parity, as well as senior to the Company’s Class A common stock (“Common Stock”).

    Each Preferred Share shall have a stated value of $1,000.00 per share and, upon stockholder approval, shall be convertible at the holder’s option into shares of Common Stock at a conversion price equal to the greater of (i) $0.10 per share (the “Floor Price”), which Floor Price shall not, except for voting rights purposes, be adjusted for stock dividends, stock splits, stock combinations and other similar transactions and (ii) the lesser of (A) $6.74, or (B) a 5% premium to the closing sale price of the Common stock on the day immediately prior to the date of conversion (the “Conversion Price”). The Conversion Price will be subject to standard anti-dilution provisions in connection with any stock split, stock dividend, subdivision or similar reclassification of the Common Stock. The Preferred Stock also has “full ratchet” price protection in the event the Company should issue securities at a lower price than the Conversion Price. The Preferred Stock shall pay a dividend at an annual rate of 9.5%, which the Company may, during the first two years, pay in shares of Common Stock.

    Further, A&C will receive warrants (“Warrants”) to purchase up to approximately 4.25 million shares of Common Stock, presuming that the full amount of the Preferred Shares is sold, exercisable for five years at $5.92 per share, subject to adjustment.

    The proceeds from the Financing will be used for expansion of the MI data center to support infrastructure upgrades necessary to support the growing demands of high-performance computing services powering Artificial Intelligence solutions, repayment of outstanding indebtedness and general working capital purposes.

    “The conversion price of the Preferred Shares is nearly a 25% premium over the current market price. That A&C is willing to invest an additional up to $25 million, beyond the $75 million in shares of a virtually identical series of preferred stock, the Series C Preferred Stock of which it has already purchased approximately $50 million, on those terms should be a clear indicator of our belief that the market has been undervaluing the Company, which I’ve been highlighting for years. This transaction is more than a number—it’s a declaration of my steadfast confidence in our data centers, the crane company, the lending firm, and the exceptional portfolio companies we’ve nurtured over the past seven years. Each is a vital component of our collective success,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data and Chairman & CEO of A&C.

    The Agreement provides for several closings through December 31, 2025, though such dates may be extended by A&C as set forth in the Agreement. The consummation of the transactions contemplated by the Agreement, specifically the conversion of the Preferred Shares and the exercise of the Warrants in an aggregate number in excess of 19.99% on the execution date of the Agreement, are subject to various customary closing conditions as well as regulatory and stockholder approval. In addition to customary closing conditions, the closing of the Financing is also conditioned upon the receipt by A&C of financing to consummate the transaction.

    Additional information regarding the securities described above and the terms of the Financing will be included in a Current Report on Form 8-K to be filed with the United States Securities and Exchange Commission (“SEC”).

    The Preferred Shares and Warrants will be issued in reliance upon the exemption from the securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) as promulgated by SEC under the Securities Act.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Hyperscale Data is transitioning from a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact to becoming solely an owner and operator of data centers to support high performance computing services. Through its wholly and majority-owned subsidiaries and strategic investments, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. It also provides, through its wholly owned subsidiary, Ault Capital Group, Inc., mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, Hyperscale Data is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI: Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Dec. 23, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic partnership with Fiat24, a Swiss-regulated fintech company that develops modern banking solutions powered by blockchain technology. The collaboration focuses on exploring PayFi solutions for major cryptos like Ethereum (ETH) and Bitget Token (BGB), as well as stablecoins such as USD Coin (USDC). This initiative aims to provide seamless, efficient, and secure payment solutions that bridge traditional and decentralized financial ecosystems.

    Bitget has recently made significant progress in the PayFi space with the launch of services such as Bitget Pay and Bitget Card. Bitget Pay enables low-fee, instant crypto payments, while the Bitget Card allows users to seamlessly convert crypto into fiat for real-world transactions using a globally accepted debit card.

    Fiat24, on the other hand, offers a regulated Swiss-based payment system to users across 65 countries and regions, providing access to a crypto-friendly Swiss offshore bank account paired with a Mastercard debit card. This blockchain-driven approach ensures transparency, security, and user ownership.

    The partnership between Bitget and Fiat24 combines Bitget’s comprehensive crypto ecosystem with Fiat24’s innovative infrastructure. Together, they aim to expand the use cases for ETH, BGB, and stablecoins, driving accessibility and adoption of PayFi solutions globally.

    “We are excited to collaborate with Fiat24 to advance crypto payments and simplify access to financial services for users worldwide, especially the unbanked,” said Gracy Chen, CEO at Bitget. “PayFi will be one of Bitget and BGB’s long-term strategies and a key approach to enhancing the real-world impact of crypto assets. Together with our partners, we envision a future where crypto payments become the norm.”

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e693ef7b-cac1-4f78-9c91-fcb74f563615

    The MIL Network –

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 20 12 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 20 DECEMBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 9,748,176 1.2301    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 9,748,176 1.2301    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY SALE 10,900 97.81p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 23 DECEMBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Form 8.3 – [LOUNGERS PLC – 20 12 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary Clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 LOUNGERS PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure

    20 DECEMBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,300,261 1.2508    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,300,261 1.2508    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 4,335 305.022p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 23 DECEMBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Castellum, Inc. Wins OASIS+ Unrestricted IDIQ Contract

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., Dec. 23, 2024 (GLOBE NEWSWIRE) — Castellum, Inc. (NYSE-American: CTM) (“Castellum”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that its subsidiary Specialty Systems, Inc., teaming with Castellum’s other two subsidiaries Corvus Consulting, LLC and Global Technology and Management Resources, Inc., was awarded all four unrestricted domains upon which it submitted proposals. This award is in addition to the three small business domains the Castellum team has already been awarded on One Acquisition Solution for Integrated Services Plus (“OASIS+”).

    OASIS+ is a suite of government-wide, multi-award contracts designed to support federal agencies’ procurement requirements for services-based solutions. With a potential ten-year performance period and no ceiling value, OASIS+ represents a significant opportunity for the Castellum team to expand its support to federal customers. Learn more at: https://www.gsa.gov/oasis-plus/about/

    “Our Castellum team could not be more excited and inspired to learn of this major strategic win, the most important in Castellum’s history, and we are 100% prepped and energized to push full throttle and maximize the considerable potential OASIS+ unrestricted IDIQ contract represents. Our award in the unrestricted category includes four key domains where we are laser-focused, determined, and galvanized for organic growth: intelligence services, technical and engineering, research and development, and management & advisory. These domains represent some of the most relevant and critically important needs and requirements across our federal government and for many of our current and future mission customers, and they also represent what we do best. OASIS+ could not be a better fit for us and our strengths. As I have reinforced in past press releases, our winning advantage starts with our exceptional Castellum professionals that bring those world-class skills, talent, and experience, specific to these domains, for our customers and our vital national security mission. And together with our strong mission and technical capabilities and extensive and relevant past performance that are also directly linked to these four domains, our Castellum team will be well-postured to successfully pursue our strong and viable organic growth plans and goals for the new year and beyond,” said Glen Ives, President and Chief Executive Officer of Castellum.

    About Castellum, Inc.

    Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government – http://castellumus.com/.

    Cautionary Statement Concerning Forward-Looking Statements:

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company’s expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as “estimate,” “project,” “believe,” “anticipate,” “shooting to,” “intend,” “plan,” “foresee,” “likely,” “will,” “would,” “appears,” “goal,” “target” or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations for revenue growth and new customer opportunities including opportunities arising from the OASIS+ unrestricted contract, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget or continuing resolution; and the Company’s ability to maintain the listing of its common stock on the NYSE American LLC. For a more detailed description of these and other risk factors, please refer to the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (“SEC”) which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.

    Contact:

    Glen Ives, President and Chief Executive Officer
    Phone: (703) 752-6157
    Contact: Info@castellumus.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fede7b34-328b-4712-af1f-9dac580afdb7

    The MIL Network –

  • MIL-OSI: Partners Value Investments L.P. Announces Renewal of Normal Course Issuer Bids

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”) (TSX VENTURE: PVF) announced today that it has received approval from the TSX Venture Exchange (the “Exchange”) to renew its normal course issuer bids to purchase up to 3,521,732 of its non‐voting equity limited partnership units (the “Equity LP Units”), representing approximately 5% of its currently outstanding Equity LP Units; and to purchase up to 938,226 of its non‐voting Class A preferred limited partnership units, Series 1 (the “Preferred LP Units”), representing approximately 5% of its currently outstanding Preferred LP Units (collectively, the “Bids”). The period of the Bids will be effective from January 3, 2025 to January 2, 2026, or such earlier date that the Partnership completes its purchases.

    Purchases by the Partnership pursuant to the Bids will be made by its broker, RBC Capital Markets, through the facilities of the Exchange, other designated exchanges and alternative trading systems in Canada. The price which the Partnership will pay for any Equity LP Units and Preferred LP Units purchased will be the market price of the Equity LP Units and Preferred LP Units at the time of acquisition. Any Equity LP Units and/or Preferred LP Units acquired through the Bids will be cancelled. As of December 13, 2024, there were 70,434,631 Equity LP Units outstanding and 18,764,512 Preferred LP Units outstanding.

    Of the 3,533,556 Equity LP units and 938,350 Preferred LP Units approved for purchase under the Partnership’s prior normal course issuer bids that commenced on January 3, 2024 and will be expiring on January 2, 2025, the Partnership purchased 278,324 Equity LP Units at an average price of $102.02 and did not make any purchase of Preferred LP Units through the facilities of the Exchange, other designated exchanges or an alternative trading system in Canada.

    The Partnership believes that, from time to time, the market price of its securities may not adequately reflect their value. In such circumstances, the Partnership believes the purchase of its outstanding securities may represent an appropriate and desirable use of its available funds. All Equity LP Units and Preferred LP Units acquired by the Partnership under the Bids will be cancelled.

    In connection with the Bids, the Partnership entered into an automatic purchase plan with its designated broker, RBC Capital Markets. The automatic purchase plan will allow for the purchase of Equity LP Units and Preferred LP Units when the Partnership would not ordinarily be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Outside of these periods, Equity LP Units and Preferred LP Units will be repurchased in accordance with management’s discretion and in compliance with applicable law.

    For further information, contact Investor Relations at ir@pvii.ca or 416-643-7621.

    Note: This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable Canadian securities regulations. Expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward- looking information and forward-looking statements.

    Although the Partnership believes that its anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond its control, which may cause the actual results, performance or achievements of the Partnership to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information.

    Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements and information include, but are not limited to: the financial performance of Brookfield Corporation and Brookfield Asset Management Ltd., the impact or unanticipated impact of general economic, political and market factors; the behavior of financial markets, including fluctuations in interest and foreign exchanges rates; global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; strategic actions including dispositions; changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); the effect of applying future accounting changes; business competition; operational and reputational risks; technological change; changes in government regulation and legislation; changes in tax laws, catastrophic events, such as earthquakes, hurricanes, or pandemics/epidemics; the possible impact of international conflicts and other developments including terrorist acts; and other risks and factors detailed from time to time in the Partnership’s documents filed with the securities regulators in Canada.

    The Partnership cautions that the foregoing list of important factors that may affect future results is not exhaustive. When relying on the Partnership’s forward-looking statements and information, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as required by law, the Partnership undertakes no obligation to publicly update or revise any forward-looking statements and information, whether written or oral, that may be as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Castellum, Inc. Announces Pricing of $3.6 Million Registered Direct Offering

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., Dec. 23, 2024 (GLOBE NEWSWIRE) — Castellum, Inc. (the “Company”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced that it has entered into a securities purchase agreement with several institutional investors to purchase 9,473,700 shares of common stock in a registered direct offering. The shares of common stock are being sold at an offering price of $0.38 per share.

    The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.6 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about December 24, 2024, subject to the satisfaction of customary closing conditions.

    Maxim Group LLC is acting as the sole placement agent in connection with the offering.

    The shares of common stock are being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-275840), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 12, 2023. The offering of shares of common stock will be made only by means of a prospectus supplement that forms a part of such registration statement.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the shares of common stock will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3500.

    About Castellum, Inc.

    Castellum, Inc. (NYSE-American: CTM) is a defense-oriented technology company that is executing strategic acquisitions in the cybersecurity, MBSE, and information warfare areas – http://castellumus.com/.

    Forward-Looking Statements:

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to close the described debt financing; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget; and the Company’s ability to maintain the listing of its common stock on the NYSE American LLC. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential debt financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Contact:

    Glen Ives, President and Chief Executive Officer
    Phone: (703) 752-6157
    Contact: Info@castellumus.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f3d9cecc-6bab-4be4-a011-1a1ac2c9d09a

    The MIL Network –