Category: Business

  • MIL-OSI USA: Disaster Recovery Center Opens in Gaston County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opens in Gaston County

    Disaster Recovery Center Opens in Gaston County

    RALEIGH, N.C. –  A Disaster Recovery Center (DRC) will open Sunday, November 3, in Dallas (Gaston County) to assist North Carolina survivors who experienced loss from Tropical Storm Helene.  The Gaston County DRC is located at:  Dallas Civic Center206 S. Oakland St.Dallas, NC 28034Open: 8 a.m. – 7 p.m., Sunday through SaturdayA DRC is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.  FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses. To find additional DRC locations, go to fema.gov/drc or text “DRC” and a zip code to 43362. Additional recovery centers will open soon. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.   Homeowners and renters in 39 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center, including locations in other states. No appointment is needed.  It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA App. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service. 
    barbara.murien…
    Sat, 11/02/2024 – 19:02

    MIL OSI USA News

  • MIL-OSI USA: Congressman Dan Goldman Requests Information on Bank of America Decision to Reverse Ban on Financing Assault-Weapons Manufacturers

    Source: United States House of Representatives – Congressman Dan Goldman (NY-10)

    Following Legislation Passed in Texas and Florida, Bank of America Backtracked Implementation of Landmark Financing Ban

    Read the Letter Here

    Washington, DC – Congressman Dan Goldman (NY-10) joined Congressman Sean Casten (IL-06) and 50 of his Democratic colleagues in sending a letter to Bank of America CEO and Chair of the Board Brian Moynihan requesting information regarding Bank of America’s decision to reverse their ban on financing assault-style gun manufacturers, who design weapons frequently used by perpetrators of mass shootings.

    “We write with disappointment regarding the recent news that Bank of America has reversed its ban on financing assault-style gun manufacturers in response to pressure from Republican-led states, such as Florida and Texas. When the second-largest bank in the country backtracks on gun violence prevention, it sends a message to the entire industry: it’s permissible for other financial institutions to put short-term politics over the protection of American lives,” the Members wrote.

    In 2018, following the Marjorie Stoneman Douglas High School mass shooting, Bank of America announced it would no longer finance military-style firearms for civilian use. Bank of America described the financing of these gunmakers as “contrary to our values, operating principles and Code of Conduct.”

    However, in 2021, Texas passed a law restricting companies that discriminate against firearms entities from doing business with the state. In January 2024, Florida passed an anti-ESG law which required banks that accept state or local funds to verify they don’t “politically discriminate.”

    In response, Bank of America weakened its policy, stating that financing military-style firearms would be subject to an “enhanced due-diligence process,” directly contradicting their 2018 proposal. The members contend that this policy change unnecessarily puts lives at risk.

    “The strong positions by Bank of America in 2018 likely saved lives. Your retreat in recent years strikes us as situational ethics. Perhaps you fear the political risk of alienating certain politicians. We would suggest that pales in comparison to the fear felt by a classroom full of kids looking down the barrel of an assault rifle. The least you could do is show a fraction of the courage that too many children are asked to show in a country awash in these weapons of war,” the Members continued.

    The members concluded asking the following questions regarding Bank of America’s policy change:

    1. “Since 2018, what steps has Bank of America taken to reverse its prior policies and decisions that were intended to reduce gun violence?

    2. Please explain why Bank of America now deems it appropriate to finance assault-style gun manufacturers.

    3. Please detail how Bank of America implemented the enhanced due diligence standard and review process for clients and transactions involving the manufacture of military-style firearms for civilian use, including:

      1. What “specialized industry knowledge” did the internal subject matter experts (SMEs) possess that contributed to the development of this policy?

        1. What are their professional backgrounds?

      2. Please provide specifics about the “clear process” for review with senior executive checkpoints, escalation routines, and risk management considerations, including how Bank of America will assess the reputational and litigation risk associated with specific, potential clients.

      3. What factors would cause Bank of America to decide to provide financing or underwriting to a manufacturer of military-style firearms for civilian use?

    4. Since this enhanced due diligence process was put in place, what, if any, financing or underwriting has Bank of America provided to firearm manufacturers, including those specified below?

      1. Sturm Ruger & Company (RGR)

      2. Smith and Wesson (SWBI)

      3. Axon (AXON:US)

      4. Sportsman’s Warehouse Holdings (SPWH)

      5. Big Five Sporting Goods Corporation (BGFV)”

    Read the letter here or below:

    Dear Mr. Moynihan,

    We write with disappointment regarding the recent news that Bank of America has reversed its ban on financing assault-style gun manufacturers in response to pressure from Republican-led states, such as Florida and Texas. When the second-largest bank in the country backtracks on gun violence prevention, it sends a message to the entire industry: it’s permissible for other financial institutions to put short-term politics over the protection of American lives.

    In 2018, following the Marjorie Stoneman Douglas High School mass shooting, Bank of America announced that it would no longer finance military-style firearms for civilian use. In an interview that April, Vice Chair Anne Finucane stated that Bank of America wants to contribute in “any way we can” to reduce mass shootings. Specifically, Ms. Finucane said: “It’s our intention not to finance these military-style firearms forcivilian use” on a “go forward basis.” At Bank of America’s annual shareholder meeting that same month, one conservative activist said the bank was “willfully giving up money.” You responded to shareholders that the policy change was prompted in part because more than 150 Bank of America employees “directly lost a relative in the shootings in the last couple [of] years.”

    Remington, Vista Outdoor, and Sturm, Ruger & Co. were three of your clients affected by this policy change in 2018. Remington made the Bushmaster assault weapon that was used in the 2012 mass shooting that killed 26 children and educators at Sandy Hook Elementary School in Newtown, Connecticut. Remington had been a client of Bank of America since at least 2012 until the bank cut ties—but only after contributing $43 million to a lending package that helped Remington exit bankruptcy in 2018. Vista Outdoor sold rifles and shotguns, including AR-15-style weapons, until 2019, when Bank of America helped finance Vista’s acquisition of another sporting goods company in 2016. Lastly, Sturm Ruger makes the AR-556 pistol, which resembles an AR-15-style rifle but has been designed to circumvent existing gun laws. This weapon was used in the 2021 mass shooting that killed ten people at a King Soopers supermarket store in Boulder, Colorado. In 2013, Bank of America extended a $25 million line of credit to Sturm Ruger. Between 2012 and 2018, Bank of America issued $273.6 million in bonds and loans to these firearm companies. To be clear, none of these guns are designed for hunting or for self-defense. They are designed to kill large numbers of people as quickly as possible.

    In 2019, Bank of America described the financing of these gunmakers as “contrary to our values, operating principles and Code of Conduct” in its Environmental and Social Risk Policy Framework. In 2022, Bank of America reiterated that it “will not currently finance the manufacture of military-style firearms for non-law enforcement, non-military use.” Then in November 2023, Bank of America assured members of Congress that its “lines of business continue to follow this policy.”

    However, in December 2023, Bank of America weakened its firearms lending policy in its updated policy framework, stating that financing military-style firearms would be subject to an “enhanced due diligence process” and review by the Senior-level Risk Committee. This directly contradicts Vice Chair Finucane’s 2018 statement that “going forward we will not finance the manufacture of these firearms.”

    Recent reports suggest that this policy change was prompted by anti-ESG laws in states like Florida and Texas. In 2021, Texas passed a law restricting companies that “discriminate” against firearms entities from doing business with the state. Specifically, it requires that government contracts include a written verification that the company does not and will not “have a practice, policy, guidance, or directive that discriminates against a firearm entity or firearm trade association.”18 In October 2023, shortly before Bank of America changed its policy, the Texas Attorney General issued an advisory urging government entities to closely review these written verifications and consider other “red flags,” citing Bank of America’s approach towards certain firearm entities. More recently, in January 2024, Florida announced that it will begin enforcing violations of an anti- ESG law passed last year, which requires banks that accept state or local funds to verify that they don’t “politically discriminate.” In particular, these requirements prohibit banks from denying services on the basis of enumerated factors, including a company’s “engagement in the lawful manufacture, distribution, sale, purchase, or use of firearms or ammunition.” In May 2024, Florida enacted a law, effective July 1, 2024, that provides for a customer complaint process for alleged violations of these requirements and expands the scope to include non-Florida chartered banks.

    The strong positions by Bank of America in 2018 likely saved lives. Your retreat in recent years strikes us as situational ethics. Perhaps you fear the political risk of alienating certain politicians. We would suggest that pales in comparison to the fear felt by a classroom full of kids looking down the barrel of an assault rifle. The least you could do is show a fraction of the courage that too many children are asked to show in a country awash in these weapons of war.

    To that end, we seek clarification on this policy change and ask that you answer the following questions by August 8, 2024:

    1. Since 2018, what steps has Bank of America taken to reverse its prior policies and decisions that were intended to reduce gun violence?

    2. Please explain why Bank of America now deems it appropriate to finance assault-style gun manufacturers.

    3. Please detail how Bank of America implemented the enhanced due diligence standard and review process for clients and transactions involving the manufacture of military-style firearms for civilian use, including:

      1. What “specialized industry knowledge” did the internal subject matter experts (SMEs) possess that contributed to the development of this policy?

        1. What are their professional backgrounds?

      2. Please provide specifics about the “clear process” for review with senior executive checkpoints, escalation routines, and risk management considerations, including how Bank of America will assess the reputational and litigation risk associated with specific, potential clients.

      3. What factors would cause Bank of America to decide to provide financing or underwriting to a manufacturer of military-style firearms for civilian use?

    4. Since this enhanced due diligence process was put in place, what, if any, financing or underwriting has Bank of America provided to firearm manufacturers, including those specified below?

      1. Sturm Ruger & Company (RGR)

      2. Smith and Wesson (SWBI)

      3. Axon (AXON:US)

      4. Sportsman’s Warehouse Holdings (SPWH)

      5. Big Five Sporting Goods Corporation (BGFV)”

    We look forward to your prompt response either in writing or via a briefing and the opportunity to continue to work together to stem the tragedies caused by gun violence and make our communities safer. Thank you foryour attention to this matter.

    ###

    MIL OSI USA News

  • MIL-OSI Economics: Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa

    Source: African Development Bank Group
    Tanzania is setting new benchmarks in food self-sufficiency across Africa, raising hope that the fight against hunger and malnutrition on the continent is achievable.
    President Samia Suluhu Hassan of Tanzania said her country had reached 128 percent food security and is now exporting surplus to neighbouring…

    MIL OSI Economics

  • MIL-OSI New Zealand: Todd McClay to lead large trade mission to China

    Source: New Zealand Government

    Trade and Agriculture Minister Todd McClay will lead a large trade delegation to the 7th annual China International Import Expo (CIIE) in Shanghai next week, followed by a visit to Guangzhou.

    This year, almost 70 New Zealand companies will participate in CIIE, to interact with over 3,400 exhibitors and 410,000 visitors. 

    “This visit is part of the Government delivering on its promise to lead more trade missions than any previous administration during this term of parliament, Mr McClay says. 

    “China is our largest export market accounting for $38 billion in two-way trade. This is a significant economic partnership for both countries. It’s important we continue to invest in this relationship and grow the New Zealand economy by assisting our exporters to sell more,

    “The CIIE will showcase New Zealand’s safe, high-quality and innovative products and our world-leading service sector to China’s growing middle class of over 500 million consumers.”

    While supporting New Zealand exhibitors at the Expo, Minister McClay will also meet with Chinese trade leaders and deliver a keynote address at the Hongqiao International Economic Forum, underscoring New Zealand’s commitment to expanding its trade partnerships and reinforcing the Government’s goal of doubling New Zealand’s exports by value in ten years.

    Following CIIE, Mr McClay will visit Guangzhou, a commercial gateway for New Zealand into southern China where he will engage with Kiwi businesses operating in the region.

    “A strong export sector is part of our plan to grow the economy, lift incomes for kiwis, and create jobs.”

    This will be Mr McClay’s second visit to China this year following political meetings in April.

    MIL OSI New Zealand News

  • MIL-OSI United Kingdom: New deal for biodiversity from using nature’s genetic information

    Source: United Kingdom – Government Statements

    Breakthrough deal struck on sharing the benefits from Digital Sequence Information (DSI) at CBD COP16 in Colombia

    Negotiations on Digital Sequence Information (DSI) have concluded today (2 November) at CBD COP16 in Cali, Colombia.

    DSI is genetic information that has been sequenced from the natural world, with the DNA code then made available online for use in research. This is the type of data used by companies across the world for the creation of new medicines, vaccines and other products. By continuing to ensure it is freely available digitally, it will enable scientists to share information and develop the products that we rely on, whilst supporting the conservation of nature. 

    This research can be applied to medicine, agriculture, conservation and public health, with benefits such as the development of vaccines or adapting plants to be more resilient to climate change.

    The deal reached means businesses have the option of voluntarily contributing to a new fund – known as the Cali Fund – if they use this genetic information from nature. 

    This Fund will then support further use of DSI and the conservation and sustainable use of nature, with a significant proportion flowing to Indigenous People and local communities.

    Nature Minister Mary Creagh said:

    We have seen the many benefits of DSI, including identifying infectious diseases, predicting which plants will survive in a warming climate, or helping protect threatened species.

    More than half of the global economy is estimated to be dependent in some way on the ecosystem services that nature provides, so this latest deal is critical in supporting future growth and development.

    I would like to thank the UK negotiating team and all those involved who helped conclude these important negotiations.

    Eva Zabey, Chief Executive at Business for Nature, said:

    Nature underpins every aspect of our economy. The benefits of natural resources – including through digital sequencing – must be valued and shared fairly, which is why this deal is so important.

    Ms Bupe Mwambingu, Biodiversity Partnerships Manager at Basecamp Research, a UK-based company which is working to build the first fully traceable DSI database, said:

    We are thrilled to welcome the COP16 decision on Digital Sequence Information (DSI). We believe that by working together to address the challenges around DSI, we have a unique opportunity to accelerate the development of life-saving medicines, sustainable food supplies, and carbon-negative industries, while also driving the protection of our planet’s precious biodiversity.

    Over 196 governments – plus businesses, researchers, Indigenous Peoples and local communities – have been involved in reaching this deal

    The UK government will now work with industry on developing a voluntary mechanism.

    Updates to this page

    Published 2 November 2024

    MIL OSI United Kingdom

  • MIL-OSI Australia: Visit to Shanghai

    Source: Minister for Trade

    Today I will travel to Shanghai to lead Australia’s delegation at the world’s largest import expo, the China International Import Expo (CIIE), at the invitation of China’s Minister of Commerce, Wang Wentao.

    The expo is an important platform for Australian businesses to showcase their world-class goods and services to our largest export market.

    In the year since Prime Minister Albanese and I attended the last expo, tariffs on Australian wine imports into China have been removed and suspensions lifted on eight red meat export facilities.

    Last month, Prime Minister Albanese and Chinese Premier Li agreed a timetable for the full resumption of Australian live rock lobster exports by the end of this year.

    As a result of the Albanese Labor Government’s deliberate, careful and calibrated approach, nearly $20 billion worth of trade impediments on Australian exports to China have been removed.

    But we can’t rest on our laurels, the job is not done.

    Which is why I am proud to be supporting a record number of Australian businesses at the expo this year as they seek out new opportunities to grow and diversify their markets.

    I will meet with my counterpart, Minister Wentao, where I will continue to press for the full resumption of normal bilateral trade.

    China is our largest trading partner and will remain so for the foreseeable future. Total two-way trade reached a record $327 billion in 2023.

    The benefits of our trade relationship with China flow to everyday Australians in the form of more well-paying jobs, increased business opportunities, and a lower cost of living.

    Every single product we export to the world represents thousands of Australian jobs, and the Albanese Labor Government is committed to helping Australian businesses, exporters and producers diversify their markets.

    MIL OSI News

  • MIL-OSI China: One year into free-trade zone, Xinjiang embraces further opening up

    Source: People’s Republic of China – State Council News

    URUMQI, Nov. 2 — Edil Mohammed, who commutes daily for about an hour by bus from Yarkent, Kazakhstan, to Horgos, China, has adapted to the lifestyle of cross-border work.

    As the head of a branch of Kazakhstan’s Bank CenterCredit, which is located in the China-Kazakhstan International Border Cooperation Center in Horgos, northwest China’s Xinjiang Uygur Autonomous Region, he is part of a pioneering group of foreign banks that entered Xinjiang following the establishment of the China (Xinjiang) Pilot Free Trade Zone (FTZ) in November 2023.

    The Xinjiang pilot FTZ, which encompasses three iconic areas — Urumqi, Kashgar and Horgos — stands as the first FTZ in China’s northwestern border regions and the 22nd nationwide. As it embraces its first anniversary, the zone has shown promising results.

    As the Belt and Road Initiative (BRI) continues to forge ahead, Xinjiang has committed to building itself into an important corridor linking Asia and Europe and to serving as a gateway for China’s opening-up efforts in the west.

    “Global investors are seizing opportunities in the pilot FTZ, and many jobseekers have found satisfying positions, such as in cross-border e-commerce, international live-streaming, translation and diverse agents,” said Mohammed, adding that the growth of new business models and expanding trade will attract even more international financial institutions and enterprises.

    SUPPORTIVE POLICIES

    Qin Xiaoyu, a customs declarer at a foreign-trade enterprise specializing in the import and export of daily consumer goods to five Central Asian countries, has benefited from enhanced services following the establishment of a dedicated market procurement window at the FTZ’s Urumqi area.

    “The consultation and whole process only take a few minutes,” said Qin. “The dedicated service window can save both time and costs. Enterprises benefit from policies such as value-added tax exemptions, simplified declaration processes and flexible foreign exchange collection, all of which improve export efficiency.”

    The service window is part of a broader set of measures rolled out by the Xinjiang pilot FTZ to boost foreign trade, providing a low-cost, high-efficiency export channel for small and micro enterprises, as well as individual businesses, according to Ju Ning, an official at the Urumqi Economic & Technological Development Zone.

    “The ‘green channel’ for the rapid customs clearance of agricultural products at the border ports between China-Kazakhstan, China-Tajikistan and China-Kyrgyzstan has been fully implemented, cutting the customs declaration time for agricultural exports from five days to just one day,” said He Yadong, a spokesperson for the Ministry of Commerce.

    Statistics show that from January to August, Xinjiang’s import and export volume increased by 30.9 percent to 285.32 billion yuan (about 40.11 billion U.S. dollars).

    “The pilot FTZ prioritizes institutional innovation, actively exploring reforms in government functions, management models, and the facilitation of trade and investment. It effectively plays a leading role in deepening reform and expanding opening up,” said Buvejer Abula, a researcher of economic and social development with the Xinjiang Agricultural University.

    RISING INDUSTRIAL CLUSTERS

    In the FTZ’s Horgos area, refrigerated trucks loaded with fruit and vegetables pass through a fast-track customs clearance “green channel” destined for Kazakhstan, Uzbekistan, Russia and beyond.

    Yu Chengzhong’s trade company exports over 500 tonnes of fruit and more than 300 tonnes of vegetables daily. This fresh produce can reach markets in Almaty in Kazakhstan within just a few hours.

    “The establishment of the FTZ has given our company a unique opportunity for growth,” said Yu, adding that the company has established sales networks in the five Central Asian countries, and this year, the company built a 66-hectare warehouse in Kazakhstan to further penetrate local markets.

    In the production workshop of a lithium battery enterprise called Shengyuehengchang, two automated production lines, each capable of producing 200,000 Ah lithium batteries per day, are running smoothly, fulfilling orders for its clients in Kyrgyzstan.

    The company normally manufactures small-capacity batteries but is now transitioning towards high-rate energy storage and power battery production. These batteries are primarily sold to the Central Asian market and are widely used in products such as electric motorcycles, drones, power tools and solar-energy products.

    “Leveraging the FTZ’s geographical advantages and favorable opening up policies, local companies are increasingly eyeing overseas markets for diverse development paths,” said Bo Yinjiang, an official with the Kashgar Economic Development Zone.

    The zone has already attracted 28 enterprises related to lithium batteries, covering the areas of lithium battery materials, manufacturing and supply chains. The annual output value of the enterprises is expected to exceed 10 billion yuan upon full operation, forming a burgeoning lithium battery industry cluster.

    “Since the pilot FTZ’s inception, a number of business associations and companies have visited Xinjiang to seek market opportunities and collaboration. There is also a rise in foreign-invested enterprises,” said Li Xuan, from the regional commerce department.

    “The pilot FTZ offers a significant historical opportunity for pursuing high-level opening up and high-quality development in Xinjiang. It must actively align with high-standard international trade and economic rules, integrate into the dual circulation of domestic and international markets, and support the development of the core region of the BRI,” Li added.

    The Ministry of Commerce will promote the industrial exchange and cooperation between the Xinjiang pilot FTZ and the central and eastern regions of the country, and support the FTZ in prioritizing key industries and fostering integrated innovation throughout the entire value chain, according to He, the ministry spokesperson.

    MIL OSI China News

  • MIL-OSI USA: SBA Stands Ready to Assist New Mexico Businesses and Residents Affected by the Severe Storm and Flooding

    Source: United States Small Business Administration

    “As communities across the Southeast continue to recover and rebuild after Hurricanes Helene and Milton, the SBA remains focused on its mission to provide support to small businesses to help stabilize local economies, even in the face of diminished disaster funding,” saidAdministrator Isabel Casillas Guzman. “If your business has sustained physical damage, or you’ve lost inventory, equipment or revenues, the SBA will help you navigate the resources available and work with you at our recovery centers or with our customer service specialists in person and online so you can fully submit your disaster loan application and be ready to receive financial relief as soon as funds are replenished.”

    SACRAMENTO, Calif. – Low-interest federal disaster loans are now available to New Mexico businesses and residents as a result of President Biden’s major disaster declaration, U.S. Small Business Administration’s Administrator Isabel Casillas Guzmanannounced.

    The declaration covers Chaves County as a result of the severe storm and flooding that occurred Oct. 19-20.

    Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available to businesses regardless of any property damage.

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.”

    Disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.

    Interest rates can be as low as 4 percent for businesses, 3.25 percent for private nonprofit organizations and 2.813 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

    Interest does not begin to accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first disbursement.

    On October 15, 2024, it was announced that funds for the Disaster Loan Program have been fully expended. While no new loans can be issued until Congress appropriates additional funding, we remain committed to supporting disaster survivors. Applications will continue to be accepted and processed to ensure individuals and businesses are prepared to receive assistance once funding becomes available.

    Applicants are encouraged to submit their loan applications promptly for review in anticipation of future funding.

    As soon as Federal-State Disaster Recovery Centers open throughout the affected area, SBA will provide one-on-one assistance to disaster loan applicants. Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at (800) 659-2955.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Stands Ready to Assist Cheyenne River Sioux Tribe Businesses and Residents Affected by the Severe Storm, Straight-line Winds and Flooding

    Source: United States Small Business Administration

    “As communities across the Southeast continue to recover and rebuild after Hurricanes Helene and Milton, the SBA remains focused on its mission to provide support to small businesses to help stabilize local economies, even in the face of diminished disaster funding,” saidAdministrator Isabel Casillas Guzman. “If your business has sustained physical damage, or you’ve lost inventory, equipment or revenues, the SBA will help you navigate the resources available and work with you at our recovery centers or with our customer service specialists in person and online so you can fully submit your disaster loan application and be ready to receive financial relief as soon as funds are replenished.”

    SACRAMENTO, Calif. – Low-interest federal disaster loans are now available to Cheyenne River Sioux Tribe businesses and residents as a result of President Biden’s major disaster declaration, U.S. Small Business Administration’s Administrator Isabel Casillas Guzmanannounced.

    The declaration covers the Cheyenne River Sioux Tribe as a result of the severe storm, straight‑line winds and flooding that occurred July 13–14.

    Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available to businesses regardless of any property damage.

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.”

    Disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.

    Interest rates can be as low as 4 percent for businesses, 3.25 percent for private nonprofit organizations and 2.688 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

    Interest does not begin to accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first disbursement.

    On October 15, 2024, it was announced that funds for the Disaster Loan Program have been fully expended. While no new loans can be issued until Congress appropriates additional funding, we remain committed to supporting disaster survivors. Applications will continue to be accepted and processed to ensure individuals and businesses are prepared to receive assistance once funding becomes available.

    Applicants are encouraged to submit their loan applications promptly for review in anticipation of future funding.

    As soon as Federal-State Disaster Recovery Centers open throughout the affected area, SBA will provide one-on-one assistance to disaster loan applicants. Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at (800) 659-2955.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Growth at the heart of Foreign Secretary’s visit to Nigeria and South Africa

    Source: United Kingdom – Executive Government & Departments 3

    Foreign Secretary David Lammy visits Nigeria and South Africa.

    • Economic growth to underpin work in both Nigeria and South Africa, as Foreign Secretary agrees to develop a new UK-South Africa Growth Plan and a new Strategic Partnership with Nigeria.
    • Climate continues to top the agenda of Foreign Secretary’s engagement as he visits Earthshot+ event in Cape Town.
    • Foreign Secretary sets out “Growth is the core mission of this government and will underpin our relationships in Nigeria, South Africa and beyond.”

    David Lammy will begin a visit to Nigeria and South Africa today (3rd November), his first trip to the African continent as Foreign Secretary and the first to visit South Africa since 2013.

    Committing to a fresh approach to Africa that works productively from Morocco to Madagascar, the Foreign Secretary will announce the start of a five-month consultation process, to ensure African voices inform and sit at the very heart of the UK’s new approach to the continent. Accommodating the diverse needs and ambitions of 54 countries, the consultation will guarantee the UK’s relationships across Africa are based on mutual respect and partnership.

    Foreign Secretary David Lammy said:

    Africa has huge growth potential, with the continent on track to make up 25% of the world’s population by 2050.  

    Our new approach will deliver respectful partnerships that listen rather than tell, deliver long term growth rather than short term solutions and build a freer, safer, more prosperous continent. I want to hear what our African partners need and foster relationships so that the UK and our friends and partners in Africa can grow together. 

    Growth is the core mission of this government and will underpin our relationships in Nigeria, South Africa and beyond.

    This will mean more jobs, more prosperity and more opportunities for Brits and Africans alike.

    In Nigeria, the Foreign Secretary will sign a modern and progressive Strategic Partnership – the first of its kind between the UK and Nigeria. This new dialogue will cover the breadth of the UK-Nigeria areas of shared cooperation from growth and jobs to national security, tackling the climate and nature crisis to strengthening our people-to-people ties. 

    Nigeria will be the world’s fifth largest economy by 2075 – the Foreign Secretary will advocate for further collaboration on mutual growth via the UK-Nigeria Enhanced Trade and Investment Partnership, signed earlier this year. This partnership is the key vehicle for driving trade and market access between the UK and Nigeria and plays a vital role in the UK’s growth mission.

    The Foreign Secretary will advocate for further trade and climate collaboration between Nigeria and the UK in high level meetings with President Tinubu, Foreign Minister Tuggar and Lagos Governor Sanwo-Olu. 

    Building on President Tinubu’s macro-economic reforms, the Foreign Secretary will announce a diverse Technical Assistance package to the Nigerian Ministry of Finance, offering British expertise from the Bank of England, HMRC and others to help continue to modernise and diversify the Nigerian economy. Catalysing reform across Nigeria will create further opportunities within the flourishing Nigerian economy for British businesses – generating growth, jobs and incomes for Brits and Nigerians.  

    Travelling on to South Africa, David Lammy will agree to develop a new UK-South Africa Growth Plan. South Africa is our largest trading partner on the continent and this plan will allow trade to flourish even more through collaboration on market access, a new UK Trade Partnership programme to boost South Africa exports, and a new programme to increase the number of agricultural jobs in rural South Africa. This will simultaneously boost trade for Brits whilst bolstering opportunities within South Africa.

    At the biennial UK-South Africa bilateral forum the Foreign Secretary and Foreign Minister Lamola will refresh the Comprehensive Strategic Partnership to 2030 – raising joint ambition on climate, nature, trade and security and committing to UK-SA cooperation for the next two years on trade and investment, energy transition, and security. 

    South African exports to the UK supported over 137,000 jobs in 2020 – the Foreign Secretary will boost this with the renewal of a risk-sharing partnership between British International Investment and Standard Chartered to provide trade finance for SMEs and corporates operating across Africa and Asia.

    No growth can be truly inclusive nor effective unless it is green. In both Nigeria and South Africa, the Foreign Secretary will build on the momentum from his Kew Lecture to encourage green growth and climate cooperation. In South Africa the Foreign Secretary will celebrate climate innovation at the Earthshot+ thought leadership conference. Founded by Prince William, The Earthshot Prize is a global environmental prize and platform designed to discover, accelerate and scale ground-breaking solutions to repair and regenerate the planet. The Foreign Secretary will speak with these innovators to understand how the UK can support and help channel finance to where biodiversity, climate risk and energy needs are greatest. He will announce a further Biodiversity Challenge Fund to help tackle the illegal wildlife trade and technical assistance to support South Africa’s energy transition.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 3 November 2024

    MIL OSI United Kingdom

  • MIL-OSI China: 200-tonne pure electric mining dump vehicle put into use

    Source: China State Council Information Office

    A 200-tonne pure electric mining dump truck has been put into service in a coal mine in north China’s Shanxi Province to assist with industrial upgrading in this major coal-producing region.

    The vehicle can transport raw coal continuously for six hours on average per charge and is being used in the Anjialing Coal Mine operated by ChinaCoal Pingshuo Group Co., Ltd.

    By replacing traditional vehicles fueled by oil with this electric model, the mining operation can reduce fuel oil consumption by 600 tonnes a year in the open pit mine, while cutting carbon dioxide emissions by 1,800 tonnes annually in the mining area.

    The developer and producer of the truck, the Hunan Xiangdian Green Energy Intelligent Control Co., Ltd., is a manufacturer of electric trucks and electric locomotives used for mining in China.

    Ji Wei, general manager of the company, said that compared with a traditional 220-tonne fuel truck that consumes about 4,000 liters of fuel per day of work, the pure electric vehicle uses about 12,000 kilowatt-hours of electricity a day — which means a reduction of 40 percent in costs for the mining operator.

    The mining company is intending to purchase more such electric mining vehicles to further reduce energy consumption in its mining activities.

    Coal output in Shanxi, China’s largest coal-producing region, accounted for about 26.9 percent of China’s total output during the January-September period of 2024, according to the provincial statistics bureau.

    Over the years, Shanxi has continued to upgrade its coal industry. In 2023, the province established 118 intelligent coal mines and introduced smart technology to 1,491 mining faces.

    MIL OSI China News

  • MIL-OSI China: Chinese-built Nairobi Expressway wins awards for green mobility, innovation

    Source: China State Council Information Office

    The 27.1-kilometer Nairobi Expressway, built by a Chinese firm, received four prestigious awards on Friday evening for advancing green and seamless mobility in Kenya and across the East African region.

    The expressway garnered acclaim at the third annual Africa Mashariki Transport Award (AMTA), an event established in 2022 to honor excellence in transport across Kenya and the broader region. Hosted by BH Media Agency in collaboration with Kenya’s Ministry of Roads and Transport, the AMTA awards recognize organizations with outstanding records in sustainability, efficiency and customer-centered service.

    The award ceremony took place ahead of the third annual ATMA Expo and Gala, which ran from Wednesday to Friday, bringing together a diverse range of participants to showcase innovations under the theme “Data-Driven Approach to Safety in Transport.”

    The Nairobi Expressway received four major honors: Road Transport Infrastructure of the Year, Sustainable Transport, Best Technological Innovation and Corporate Road Safety Initiative of the Year. Speaking on the recognition, Jeanne May Ong’iyo, spokesperson for the Nairobi Expressway, said the awards reaffirm the company’s dedication to customer satisfaction, green mobility and positive economic impact.

    “We are committed to continually enhancing the customer experience and partnering with like-minded industry players to deliver world-class service,” Ong’iyo said.

    Construction of the Nairobi Expressway began in September 2020, and the road was officially launched in July 2022 after a successful trial period that started in May 2022. Since its launch, the toll road has significantly cut travel time between Nairobi’s southern areas, home to the main airport, and the upscale Westlands suburb, from two hours during peak times to just 20 minutes. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: SITI to visit Canada

    Source: Hong Kong Government special administrative region

    SITI to visit Canada
    SITI to visit Canada
    ********************

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, will depart for a visit to Canada this evening (November 3). He will be going to Toronto, Ottawa and Waterloo to strengthen ties and co-operation between Hong Kong and Canada in areas such as innovation and technology (I&T).     During his visit to Canada, Professor Sun will meet with leaders of the local I&T industry and technology enterprises, and engage in exchanges with Hong Kong young people studying there. He will also deliver a keynote speech at the Seminar on Life Science and Global Health co-organised by the Hong Kong-Canada Business Association (Ottawa Chapter) and Invest Hong Kong. Moreover, he will visit local universities, research institutes and I&T parks.     Professor Sun will return to Hong Kong in the morning of November 8. During his absence, the Under Secretary for Innovation, Technology and Industry, Ms Lillian Cheong, will be the Acting Secretary for Innovation, Technology and Industry.

     
    Ends/Sunday, November 3, 2024Issued at HKT 11:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI China: Ethiopia hosts 1st annual seminar to boost Chinese language education

    Source: China State Council Information Office

    Bultosa Hirko, deputy head of the Oromia Regional State Education Bureau, speaks at the first annual seminar on Chinese language education in Addis Ababa, Ethiopia’s capital, on Nov. 1, 2024. Xinhua/Michael Tewelde)

    The first annual seminar on Chinese language education was held Friday in Addis Ababa, Ethiopia’s capital, emphasizing the need to promote Chinese language education across the East African country.

    The event, which brought together Chinese and Ethiopian language instructors and experts, focused on establishing an effective Chinese language education system in Ethiopia and addressing challenges in the process.

    Speaking at the seminar, Zhang Yawei, cultural counselor at the Chinese Embassy in Ethiopia, said the conference aimed to share experiences, build on successes, address issues and jointly advance Chinese language education in Ethiopia.

    “With globalization accelerating and cultural exchanges between China and Ethiopia increasing, expanding Chinese language education in Ethiopia is essential. It helps Ethiopian students understand Chinese culture and history and opens more opportunities for them in the future,” Zhang said.

    Noting that Chinese language education in Ethiopia faces challenges such as a shortage of teaching staff and resources, Zhang said that a significant number of Ethiopian students are now studying Chinese at the undergraduate and postgraduate levels in both Ethiopian and Chinese universities.

    Bultosa Hirko, deputy head of the Oromia Regional State Education Bureau, said Chinese language education is gaining popularity in Ethiopia, unlocking economic opportunities, promoting cultural exchange and fostering mutually beneficial cooperation between the two countries.

    “Ethiopia and China have developed a robust partnership over the years, marked by collaboration across various sectors, including education, infrastructure, trade, investment and development assistance,” Hirko said. He added that China’s rising global influence has underscored the importance of learning and understanding the Chinese language worldwide.

    “The Chinese government has been instrumental in supporting the implementation of the Chinese language curriculum in Ethiopia, recruiting and training teachers, and providing essential curriculum materials,” Hirko added.

    The seminar also featured presentations of research papers on Chinese language learning in Ethiopia, the recognition of Chinese as a global language, and the strengthening strategic partnership between China and Ethiopia.

    With Ethiopia’s strong economic ties to China and the growing presence of Chinese companies, especially in road, railway and industrial zone development, the demand for Chinese language education has surged in Ethiopian universities and colleges. 

    Zhang Yawei, cultural counselor at the Chinese Embassy in Ethiopia, speaks at the first annual seminar on Chinese language education in Addis Ababa, Ethiopia’s capital, on Nov. 1, 2024. (Xinhua/Michael Tewelde)

    The first annual seminar on Chinese language education is held in Addis Ababa, Ethiopia’s capital, on Nov. 1, 2024.(Xinhua/Michael Tewelde)

    MIL OSI China News

  • MIL-OSI China: Users of Chinese-invested expressway in Cambodia top 10 mln

    Source: China State Council Information Office

    An aerial drone photo shows a section of the Phnom Penh-Sihanoukville Expressway in Kampong Speu province, Cambodia. (Cambodian PPSHV Expressway Co., Ltd./Handout via Xinhua)

    The number of users of the Chinese-invested Phnom Penh-Sihanoukville Expressway in Cambodia had hit 10 million during the first two years of its operation.

    The Cambodian PPSHV Expressway Co., Ltd., which is the operator of the 187-km expressway, marked the motorway’s second anniversary on Friday, awarding a gift to the 10 millionth user of the road.

    According to the company, Chhum Sophearun, a 42-year-old taxi driver, became the 10 millionth user of the Phnom Penh-Sihanoukville Expressway on Oct. 2 and was given free travel for one year on the expressway.

    Speaking at the event, Cambodian Minister of Public Works and Transport Peng Ponea said the expressway, the first of its kind in Cambodia, has become a key strategic route, linking the first economic powerhouse of Phnom Penh with the second economic powerhouse of the coastal province of Sihanoukville.

    “This expressway has been providing great benefits to Cambodia’s socio-economic development and tourism,” he said. “It has played a crucial role in improving the efficiency of travel and goods transport.”

    Ponea said the motorway was one of the major achievements in Cambodia under Belt and Road cooperation, in addition to the Sihanoukville Special Economic Zone, the Siem Reap Angkor International Airport, and the Morodok Techo National Stadium.

    “These achievements are a solid testament to our joint efforts in building a Cambodia-China community with a shared future,” he said.

    Chinese Ambassador to Cambodia Wang Wenbin said the expressway was a landmark project of China-Cambodia cooperation under the BRI.

    “It is a vivid example of China-Cambodia joint efforts in building a high-quality, high-level and high-standard community with a shared future in a new era,” he said.

    The ambassador said the expressway has significantly contributed to creating job opportunities, promoting regional development and improving the well-being of local people.

    Wang added that he had traveled on the expressway many times and was impressed with the road’s high quality and sound management.

    Speaking to Xinhua at the event, Sophearun said he was excited to be contacted by an expressway staff member to inform that he had become the 10 millionth expressway user.

    “Usually, I travel on the expressway from Phnom Penh to Sihanoukville and vice versa, carrying tourists from Europe, China or Indonesia,” he said.

    Sophearun said traveling on the expressway saves a lot of time, as it takes only two hours to go from Phnom Penh to Sihanoukville, while traveling on the National Road 4 takes up to five hours at the same distance.

    “Traveling on the old road (National Road 4) takes a lot of time and costs a lot of money on fuel and car maintenance due to uneven road surface, so in sum, the expense for traveling on the old road is higher than that on the expressway,” he said.

    “The expressway is the best choice,” he said. “I would like to urge all drivers to use this expressway because it is quite safe and very convenient to travel.”

    An aerial drone photo taken on Sept. 25, 2024 shows a toll station of the Phnom Penh-Sihanoukville Expressway in Phnom Penh, Cambodia. (Cambodian PPSHV Expressway Co., Ltd./Handout via Xinhua)

    Invested by the China Road and Bridge Corporation under the build-operate-transfer (BOT) model in the amount of 2 billion U.S. dollars, the Phnom Penh-Sihanoukville Expressway is the first-ever freeway in Cambodia and is the largest single project under the Belt and Road Initiative.

    With two lanes for traffic in each direction plus an emergency lane on each side, vehicles can reach their destinations within two hours through the expressway instead of five hours on National Road 4.

    Teng Sokhen, a 25-year-old toll collector at the Phnom Penh-Sihanoukville Expressway, said the expressway has provided a safe, convenient, and efficient travel option for all drivers.

    “I’m really happy to work at this expressway because this road has contributed to Cambodia’s social development, economic growth and tourism, and has provided a lot of benefits to the people of Cambodia,” she told Xinhua.

    “As a staff member, I’m glad to be a contributor to the society,” she said.

    According to Sokhen, more than 10,000 vehicles ply the expressway on average per day.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Clean & Green Singapore Day 2024: A Celebration Of Public Hygiene And Environmental Stewardship

    Source: Asia Pacific Region 2 – Singapore

    Outstanding individuals recognised with prestigious environmental services awards.

    JOINT NEWS RELEASE BETWEEN NEA, SW CDC, NPARKS AND NUS

    Singapore, 3 November 2024 – The national aspiration for a clean and green Singapore was celebrated and reaffirmed today at Clean & Green Singapore (CGS) Day 2024[1], organised by the National Environment Agency, South West Community Development Council (SW CDC), National Parks Board (NParks), and the National University of Singapore (NUS). Deputy Prime Minister (DPM) Heng Swee Keat was the Guest-of-Honour.

    2             In support of the ongoing Year of Public Hygiene, CGS Day this year commenced with the opening of a new Public Hygiene Council (PHC) CleanPod at West Coast Park. CleanPods are sheds located across parks, beaches, and housing estates, where the public can access litter-picking tools such as tongs and pails, to organise their own community clean-ups. The new CleanPod brings the total number of CleanPods across Singapore to 21. Together with DPM Heng, residents, local grassroots partners, People’s Association (PA) Youth Movement and NUS student volunteers put the new CleanPod to immediate use, with a community clean-up of the park. The clean-up comes on top of nearly 130 activities organised to date in support of the Year of Public Hygiene, planned by grassroots and corporate partners, NGOs and schools. Progammes ranged from clean-ups to outreach projects, promoting an overall culture of cleanliness. Many of these ground-up efforts have become regular activities, and will be continue into next year and beyond.

     3             DPM Heng then proceeded to NUS University Town, where he joined 160 students and staff in a traditional CGS tree-planting ceremony. The ceremony goes back to 1963, when founding Prime Minister Lee Kuan Yew launched the first nationwide tree-planting campaign in support of Singapore’s greening movement, a legacy that continues to this day. The tree-planting was followed by the presentation of the Environmental Services (ES) Star Awards, as well as the Community in Bloom (CIB) Ambassador Awards by DPM Heng.

     27 Environmental Services Stars Recognised for Outstanding Contributions

     4          The annual ES Star Award recognises the contributions of workers in the Environmental Services industry, whose work at the forefront of upholding good public health and hygiene in Singapore is often taken for granted. The 2024 ES Star Award was presented to 27 frontline, supervisory, and operations support staff[2]. These individuals were nominated for demonstrating service excellence, initiative to continuously upskill, and for their significant contributions to innovation, productivity, and environmental sustainability.

     5          One of the awardees this year is Mr Chua Peng Soo, a Pest Control Technician with more than 30 years of experience. An advocate for environmental sustainability, Mr Chua ensures his clients’ premises are pest-free using eco-friendly pest management solutions. Beyond his professional duties, he also actively encourages his colleagues, friends and family to adopt green practices that protect our natural resources. Another awardee is Mr Noor Azmi Bin Ranai, a Senior Operations Manager. A firm believer in continuous learning, Mr Azmi has inspired his colleagues to upskill, encouraging them to attend courses and further their knowledge. His contributions to process improvement and staff development have made a lasting impact on the company.

     Appointment of Community in Bloom Ambassadors

     6          Seven new Community in Bloom (CIB) Ambassadors[3] were also appointed at this year’s CGS event. The CIB Ambassador Award recognises individuals who have made significant contributions to promote gardening and actively engage with the community to facilitate gardening-based community projects.

     7          One of the recipients, Ms Toh Mei Xuan, wears two hats as a Garden Leader and main programme curator at Geylang East Grove Community Garden which demonstrates her passion for gardening and nature. Ms Toh leads gardening sessions for preschoolers weekly and conducts workshops, garden tours and outreach activities at community events on the benefits of nature. In her own time, she also actively documents and shares about the wide range of biodiversity that can be found in the garden through online videos and educational materials.    

     Tree Planting at NUS University Town

     8          NUS has been organising tree planting activities on campus every year since November 2015 as part of its commitment towards building a Campus in a Tropical Rainforest, one of the focus areas under NUS’ Campus Sustainability Roadmap 2030.

     9          This year’s tree planting holds a special significance, with the planting of the 50,000th tree at NUS UTown today by DPM Heng, Minister for Sustainability and the Environment Ms Grace Fu, Minister of National Development Mr Desmond Lee, Senior Minister of State for Culture, Community and Youth & Trade and Industry, and Mayor of South West District, Ms Low Yen Ling, Senior Minister of State for Sustainability and the Environment Dr Amy Khor and Senior Parliamentary Secretary for Sustainability and the Environment Mr Baey Yam Keng. The event also saw the planting of a total of 50 trees by more than 100 NUS staff and students in support of NParks’ OneMillionTrees movement. This marks the halfway point towards the University’s goal of planting 100,000 trees by 2030, having increased its tree canopy area from 36 percent to 60 percent, that is, over half the campus grounds are covered with trees. The OneMillionTrees movement[4] started in 2020 with the aim to plant one million more trees across Singapore by 2030. To date, more than 700,000 trees have been planted across Singapore.

     10        During a construction project in 2012 at UTown, a national heritage tree – the Margaritaria indica (Airy Shaw) – was discovered on site. To commemorate NUS’ tree-planting milestone, DPM Heng planted a Margaritaria indica sapling, along with other accompanying dignitaries. Other tree species planted at CGS Day 2024 include Rubroshorea pauciflora, Scorodocarpus borneensis, Garcinia celebica and Anthoshorea gratissima, which are native to Singapore.

     Therapeutic Horticulture Programmes available for public to sign up for the first time

     11          Members of the public will be able to sign up for therapeutic horticulture programmes at six therapeutic gardens[5], including the newly opened therapeutic garden at West Coast Park, from December till May 2025 for free. Therapeutic horticulture programmes aim to improve participants’ well-being holistically by promoting low-intensity exercise and improving motor skills, stimulating memory, encouraging positive social interactions and connection with nature and promoting mindfulness. These programmes comprise facilitated nature-related activities such as designing seed mandalas, making of scent bags and creating leaf collages as well as other gardening activities. Interested members of public can find out more through the NParks official website. This is the first time that NParks is offering over 20 therapeutic horticulture sessions at different therapeutic gardens for public to sign up.

     Green efforts by South West Community Development Council  

     12          Aligned with Singapore’s sustainability goals, the South West CDC continues to nurture a community that is environmentally conscious through the Sustainable South West Masterplan[6]. The Masterplan outlines five key goals:

    1. Our Active, Gracious People, aimed at empowering residents with platforms to volunteer and do their part for the environment;
    2. Our Clean, Green Living Spaces, to foster community ties and environmental stewardship through our community gardens;
    3. Our Smart Homes, which promotes green living to reduce carbon footprint and innovating for a sustainable tomorrow;
    4. Our Green Rides, to encourage car-lite communities to transform common spaces into car-free zones and;
    5. Our Zero Waste Journey, where best practices on sustainability are shared with the community to encourage waste minimisation habits.

     13          Focusing on building sustainable habits in the community, the CDC’s programmes involve the collaborative effort of partners, schools, volunteers and residents to realise these goals. The CDC’s flagship recycling programme, Clean Up @ South West encourages residents to take responsibility for their living environment through the exchange of recyclables for groceries. Since its inception in 2006, close to 1,100 tonnes of recyclables have been collected, equivalent to saving over 18,300 trees. In 2023, the CDC launched the Green Innovation Centre, in partnership with the Swedish Chamber of Commerce and Bukit Batok Grassroots Organisations to transform the existing Cosy Garden in Bukit Batok into a hub to inspire the local community to learn and discover more on sustainable living. The programme, which has brought together close to 30 partners from the local community, Swedish MNCs, and local SMEs, has reached more than 600 residents to date, educating them about intelligent solutions such as AI facial recognition for enhancing security in community gardens.


    [1] For details of more activities under CGS, please refer to Annex A.

    [2] Please refer to Annex B for profiles of more ES Star awardees who are available for interviews.

    [3] Please refer to Annex C for more details on the CIB Ambassador Awards and the Ambassadors who have been appointed this year.

    [4] Please refer to Annex D for more information on the tree species that were planted today and about the OneMillionTrees movement.

    [5] Please refer to Annex E for more details on therapeutic horticulture programmes and therapeutic gardens.

    [6] Please refer to this link for more information on the Sustainable South West Masterplan.

    ~~ End ~~

    For more information, please submit your enquiries electronically via the Online Feedback Form or myENV mobile application. 

    ANNEXES

    Annex A – Factsheet on CGS Experiences and Activities
    Annex B – Factsheet with Profiles of Environmental Services Award Winners
    Annex C – Factsheet on CIB Ambassadors 2024
    Annex D – Factsheet on Tree Species Planted and OneMillionTrees Movement
    Annex E – Factsheet on Therapeutic Horticulture Programmes

    MIL OSI Asia Pacific News

  • MIL-Evening Report: Palau Media Council condemns lawsuit as ‘assault on press freedom’

    Pacific Media Watch

    The Palau Media Council has condemned a political lawsuit against the publisher of the Island Times as an “assault on press freedom” with the Pacific country facing an election on Tuesday.

    In a statement yesterday, the council added that the lawsuit, filed by Surangel and Sons Co. against Times publisher Leilani Reklai over her newspaper’s coverage of tax-related documents that surfaced on social media, was an attempt to undermine the accountability that was vital to democracy.

    The statement also said the lawsuit raised “critical concerns about citizens’ access to information and freedom of the press.

    Palau recently topped the inaugural Pacific Media Freedom Index for press freedom.

    “This lawsuit, combined with government’s statements endorsing that Island Times reported mis-information on its coverage of the tax related document and the decision to ban Island Times from Surangel and Sons [distribution] outlets, raises critical concerns about citizens’ access to information and the freedom of the press — both of which are cornerstones of a democratic society,” the statement said.

    “The council sees this legal action as an assault on press freedom and an attempt to undermine the accountability that is vital to democracy.”

    The statement said that Reklai, one of Palau’s senior journalists, was being targeted simply for reporting on documents that were already in the public domain.

    “She did not originate the information but responsibly conveyed what these documents suggested, raising questions about the current administration’s narrative on corporate tax contributions,” the council said.

    ‘Journalistic duty’
    “Reporting on such information is a journalistic duty to ensure transparency in tax policies and government incentives impacting the private sector.

    “The Island Times, by publishing these documents, has provided a platform for clarifying public understanding of the new PGST tax law’s impact on major corporations and the actual tax contributions of Surangel and Sons.

    “These issues are clearly within the public’s right to know, and the council emphasises that media plays a crucial role in reporting such findings and promoting informed debate.

    The council said it stood in solidarity with Reklai and all journalists who strived to find and uphold the truth.

    “In a healthy democracy, a free and open press is essential for informed citizens and responsible governance.”

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Chinese premier to attend CIIE opening ceremony

    Source: China State Council Information Office

    Chinese Premier Li Qiang will attend the opening ceremony of the seventh China International Import Expo (CIIE) and relevant events, and deliver a speech, a spokesperson announced Sunday.

    The seventh CIIE will be held from Nov. 5 to 10 in Shanghai, said He Yadong, a spokesperson for the Ministry of Commerce.

    MIL OSI China News

  • MIL-OSI China: Chinese premier to attend CIIE opening ceremony, relevant events

    Source: People’s Republic of China – State Council News

    BEIJING, Nov. 3 — Chinese Premier Li Qiang will attend the opening ceremony of the seventh China International Import Expo (CIIE) and relevant events, and deliver a speech, a spokesperson announced Sunday.

    The seventh CIIE will be held from Nov. 5 to 10 in Shanghai, said He Yadong, a spokesperson for the Ministry of Commerce.

    MIL OSI China News

  • MIL-OSI China: Ethiopia hosts seminar on Chinese language education

    Source: China State Council Information Office 3

    Bultosa Hirko, deputy head of the Oromia Regional State Education Bureau, speaks at the first annual seminar on Chinese language education in Addis Ababa, Ethiopia’s capital, on Nov. 1, 2024. Xinhua/Michael Tewelde)

    The first annual seminar on Chinese language education was held Friday in Addis Ababa, Ethiopia’s capital, emphasizing the need to promote Chinese language education across the East African country.

    The event, which brought together Chinese and Ethiopian language instructors and experts, focused on establishing an effective Chinese language education system in Ethiopia and addressing challenges in the process.

    Speaking at the seminar, Zhang Yawei, cultural counselor at the Chinese Embassy in Ethiopia, said the conference aimed to share experiences, build on successes, address issues and jointly advance Chinese language education in Ethiopia.

    “With globalization accelerating and cultural exchanges between China and Ethiopia increasing, expanding Chinese language education in Ethiopia is essential. It helps Ethiopian students understand Chinese culture and history and opens more opportunities for them in the future,” Zhang said.

    Noting that Chinese language education in Ethiopia faces challenges such as a shortage of teaching staff and resources, Zhang said that a significant number of Ethiopian students are now studying Chinese at the undergraduate and postgraduate levels in both Ethiopian and Chinese universities.

    Bultosa Hirko, deputy head of the Oromia Regional State Education Bureau, said Chinese language education is gaining popularity in Ethiopia, unlocking economic opportunities, promoting cultural exchange and fostering mutually beneficial cooperation between the two countries.

    “Ethiopia and China have developed a robust partnership over the years, marked by collaboration across various sectors, including education, infrastructure, trade, investment and development assistance,” Hirko said. He added that China’s rising global influence has underscored the importance of learning and understanding the Chinese language worldwide.

    “The Chinese government has been instrumental in supporting the implementation of the Chinese language curriculum in Ethiopia, recruiting and training teachers, and providing essential curriculum materials,” Hirko added.

    The seminar also featured presentations of research papers on Chinese language learning in Ethiopia, the recognition of Chinese as a global language, and the strengthening strategic partnership between China and Ethiopia.

    With Ethiopia’s strong economic ties to China and the growing presence of Chinese companies, especially in road, railway and industrial zone development, the demand for Chinese language education has surged in Ethiopian universities and colleges. 

    Zhang Yawei, cultural counselor at the Chinese Embassy in Ethiopia, speaks at the first annual seminar on Chinese language education in Addis Ababa, Ethiopia’s capital, on Nov. 1, 2024. (Xinhua/Michael Tewelde)

    The first annual seminar on Chinese language education is held in Addis Ababa, Ethiopia’s capital, on Nov. 1, 2024.(Xinhua/Michael Tewelde)

    MIL OSI China News

  • MIL-OSI Global: Big companies profit from poverty but aren’t obliged to uphold human rights. International law must change – scholar

    Source: The Conversation – Africa – By Bonita Meyersfeld, Associate Professor, University of the Witwatersrand

    There is some disagreement among legal practitioners and scholars about whether corporations have duties under international law.

    Many argue that only states are bound by international law, and it is those states which are obliged to regulate how businesses operate within their borders. Corporations have only a voluntary responsibility to avoid committing human rights violations through their operations.

    I have been doing research in the area of corporate accountability for human rights violations since 2006. My most recent paper looks at the role of multinational corporations (multinationals) in benefiting from and perpetuating structural poverty in the global south.

    I argue that international law can no longer exempt corporations from liability for human rights violations, including those arising from poverty. Under certain circumstances, corporations should have duties under international law to ensure human rights are fulfilled. I argue that this is particularly true when it comes to socio-economic rights such as the rights to housing, education, food, water and healthcare.

    International human rights law must be developed to impose duties directly on multinational corporations to alleviate poverty in the developing countries where they operate.

    This is not an absolute duty – it would only arise in certain circumstances and for specific periods of time, as I show in my paper.

    Poverty and corporations

    Some estimate that as many as 1.3 billion people live in poverty – more than 10% of the world’s population, the vast majority in the global south.

    Poverty is also deadly. It is estimated that at least 21,300 people die every day as a result of poverty and inequality. Poverty is a human rights violation, affecting the rights to dignity, life, food and water.

    Businesses have a long history of profiting from human rights abuses. Finance and transport companies have acknowledged ties to the slave trade. European banks reportedly assisted South Africa’s apartheid government to procure arms.




    Read more:
    UK-Rwanda migrant deal challenges international protection law


    Even when they are not directly responsible for human rights violations, multinational corporations may be complicit. Multinationals based in the global north tend to exploit developing countries for their cheap labour, natural resources and weak regulatory frameworks. In other words, corporations benefit from poverty.

    International law

    In 2005, Professor John Ruggie was appointed as the United Nations secretary-general’s special representative on the issue of human rights and transnational corporations and other business enterprises. He developed the United Nations Guiding Principles on Business and Human Rights. This framework adopts the position that only states are subjects and have duties under international human rights law.

    The UN guiding principles are organised around three pillars, known as Protect, Respect and Remedy. The first pillar relates to states’ obligations to uphold human rights. It includes the duty to regulate businesses to ensure they do not violate rights through their operations. The second pillar refers to corporations’ responsibility to respect human rights. This is voluntary and not a legal obligation. The third pillar ensures that victims of human rights violations have access to effective remedies.

    This framework relies on three factors: states which have the interests of their citizens at heart, corporations complying with human rights standards, and effective remedial systems. If all three work together, then the UN guiding principles can address corporate accountability for rights violations.

    In practice, however, this is not the case. Many states, particularly those in the developing world with high levels of poverty, rely on foreign investment. This creates a power imbalance when negotiating with large multinational corporations. Multinationals are able to demand favourable investment conditions, including relaxing laws that might protect human rights.




    Read more:
    Russia’s invasion of Ukraine is illegal under international law: suggesting it’s not is dangerous


    Under the UN guiding principles, if states do not impose obligations on corporations to comply with human rights, they do not have such obligations.

    Next steps

    Not all corporations should have the same duties as states. I propose a set of factors that would determine when a corporation might have a duty under international human rights law to fulfil socio-economic rights. These factors are:

    • the extent of the violation

    • the position or vulnerability of the victim

    • the urgency of the situation

    • whether the corporation is the only actor that can fulfil the right.

    For example, let us imagine a scenario in which a company operates a mine in the Central African Republic. It has built a hospital for its workers and management. Surrounding the mining operations are indigent communities who resided in the area before the operations began.

    One day, a child from one of the settlements is knocked over by a car. Her injuries are not life-threatening, but they are severe and the child is in terrible pain. The closest hospital is the mine-owned private hospital. There is a public hospital, but it is far away and travelling there would take time and be costly. The child’s family rushes her to the mine’s hospital for emergency treatment. Does the hospital have a legal duty to admit the child and pay for her treatment?

    Applying a combination of the factors, the answer is yes. The child is vulnerable by virtue of her age and poverty, the situation is urgent, and the mine hospital is the only entity that can fulfil the right under the circumstances.




    Read more:
    The CAR provides hard lessons on what it means to deliver real justice


    Using this framework, I argue that international human rights law should be developed to mitigate the harm of poverty in the global south, by imposing duties on corporations that benefit from poverty. Some corporations have a perverse incentive to keep communities poor. International law has a role to play in overturning this state of affairs.

    Ultimately, my proposal seeks to review what we think of as a fair and just economy. Nothing will change if only states have obligations under international law. The global economic market is neither free nor fair. It has created the most severe human rights violations of our age. International human rights law must address this.

    Bonita Meyersfeld has received funding from the National Research Foundation as part of her NRF rating.

    ref. Big companies profit from poverty but aren’t obliged to uphold human rights. International law must change – scholar – https://theconversation.com/big-companies-profit-from-poverty-but-arent-obliged-to-uphold-human-rights-international-law-must-change-scholar-241398

    MIL OSI – Global Reports

  • MIL-OSI Africa: Big companies profit from poverty but aren’t obliged to uphold human rights. International law must change – scholar

    Source: The Conversation – Africa – By Bonita Meyersfeld, Associate Professor, University of the Witwatersrand

    There is some disagreement among legal practitioners and scholars about whether corporations have duties under international law.

    Many argue that only states are bound by international law, and it is those states which are obliged to regulate how businesses operate within their borders. Corporations have only a voluntary responsibility to avoid committing human rights violations through their operations.

    I have been doing research in the area of corporate accountability for human rights violations since 2006. My most recent paper looks at the role of multinational corporations (multinationals) in benefiting from and perpetuating structural poverty in the global south.

    I argue that international law can no longer exempt corporations from liability for human rights violations, including those arising from poverty. Under certain circumstances, corporations should have duties under international law to ensure human rights are fulfilled. I argue that this is particularly true when it comes to socio-economic rights such as the rights to housing, education, food, water and healthcare.

    International human rights law must be developed to impose duties directly on multinational corporations to alleviate poverty in the developing countries where they operate.

    This is not an absolute duty – it would only arise in certain circumstances and for specific periods of time, as I show in my paper.

    Poverty and corporations

    Some estimate that as many as 1.3 billion people live in poverty – more than 10% of the world’s population, the vast majority in the global south.

    Poverty is also deadly. It is estimated that at least 21,300 people die every day as a result of poverty and inequality. Poverty is a human rights violation, affecting the rights to dignity, life, food and water.

    Businesses have a long history of profiting from human rights abuses. Finance and transport companies have acknowledged ties to the slave trade. European banks reportedly assisted South Africa’s apartheid government to procure arms.


    Read more: UK-Rwanda migrant deal challenges international protection law


    Even when they are not directly responsible for human rights violations, multinational corporations may be complicit. Multinationals based in the global north tend to exploit developing countries for their cheap labour, natural resources and weak regulatory frameworks. In other words, corporations benefit from poverty.

    International law

    In 2005, Professor John Ruggie was appointed as the United Nations secretary-general’s special representative on the issue of human rights and transnational corporations and other business enterprises. He developed the United Nations Guiding Principles on Business and Human Rights. This framework adopts the position that only states are subjects and have duties under international human rights law.

    The UN guiding principles are organised around three pillars, known as Protect, Respect and Remedy. The first pillar relates to states’ obligations to uphold human rights. It includes the duty to regulate businesses to ensure they do not violate rights through their operations. The second pillar refers to corporations’ responsibility to respect human rights. This is voluntary and not a legal obligation. The third pillar ensures that victims of human rights violations have access to effective remedies.

    This framework relies on three factors: states which have the interests of their citizens at heart, corporations complying with human rights standards, and effective remedial systems. If all three work together, then the UN guiding principles can address corporate accountability for rights violations.

    In practice, however, this is not the case. Many states, particularly those in the developing world with high levels of poverty, rely on foreign investment. This creates a power imbalance when negotiating with large multinational corporations. Multinationals are able to demand favourable investment conditions, including relaxing laws that might protect human rights.


    Read more: Russia’s invasion of Ukraine is illegal under international law: suggesting it’s not is dangerous


    Under the UN guiding principles, if states do not impose obligations on corporations to comply with human rights, they do not have such obligations.

    Next steps

    Not all corporations should have the same duties as states. I propose a set of factors that would determine when a corporation might have a duty under international human rights law to fulfil socio-economic rights. These factors are:

    • the extent of the violation

    • the position or vulnerability of the victim

    • the urgency of the situation

    • whether the corporation is the only actor that can fulfil the right.

    For example, let us imagine a scenario in which a company operates a mine in the Central African Republic. It has built a hospital for its workers and management. Surrounding the mining operations are indigent communities who resided in the area before the operations began.

    One day, a child from one of the settlements is knocked over by a car. Her injuries are not life-threatening, but they are severe and the child is in terrible pain. The closest hospital is the mine-owned private hospital. There is a public hospital, but it is far away and travelling there would take time and be costly. The child’s family rushes her to the mine’s hospital for emergency treatment. Does the hospital have a legal duty to admit the child and pay for her treatment?

    Applying a combination of the factors, the answer is yes. The child is vulnerable by virtue of her age and poverty, the situation is urgent, and the mine hospital is the only entity that can fulfil the right under the circumstances.


    Read more: The CAR provides hard lessons on what it means to deliver real justice


    Using this framework, I argue that international human rights law should be developed to mitigate the harm of poverty in the global south, by imposing duties on corporations that benefit from poverty. Some corporations have a perverse incentive to keep communities poor. International law has a role to play in overturning this state of affairs.

    Ultimately, my proposal seeks to review what we think of as a fair and just economy. Nothing will change if only states have obligations under international law. The global economic market is neither free nor fair. It has created the most severe human rights violations of our age. International human rights law must address this.

    – Big companies profit from poverty but aren’t obliged to uphold human rights. International law must change – scholar
    – https://theconversation.com/big-companies-profit-from-poverty-but-arent-obliged-to-uphold-human-rights-international-law-must-change-scholar-241398

    MIL OSI Africa

  • MIL-Evening Report: ‘Genocide as colonial erasure – UN expert Francesca Albanese on Israel’s ‘intent to destroy’ Gaza

    Democracy Now!

    NERMEEN SHAIKH: Israel’s deadly siege on northern Gaza has entered a 30th day. Early week, the World Health Organisation managed to deliver some medical supplies to the Kamal Adwan Hospital, but on Thursday, Israeli fighter jets bombed the hospital’s third floor, where the supplies were being stored.

    Al Jazeera reports Israeli forces are continuing to shell Beit Lahia, the scene of multiple massacres last week. On Wednesday, an Israeli attack on a market in Beit Lahia killed at least 10 Palestinians. Earlier in the week, Israel struck a five-story residential building, killing at least 93 people, including 25 children.

    Meanwhile, at the United Nations, the UN Special Rapporteur on the Occupied Palestinian Territory, Francesca Albanese, has released a major report accusing Israel of committing genocide.

    Albanese concludes that Israel’s war on Gaza is part of a campaign of, “long-term intentional, systematic, state-organised forced displacement and replacement of the Palestinians” . The report is titled Genocide as Colonial Erasure.

    AMY GOODMAN: Francesca Albanese is now facing intensifying personal attacks from Israeli and US officials. She was set to brief Congress earlier last week, but the briefing was cancelled. On Tuesday, the US Ambassador to the United Nations, Linda Thomas-Greenfield, wrote on social media, “As UN Special Rapporteur Albanese visits New York, I want to reiterate the US belief she is unfit for her role. The United Nations should not tolerate antisemitism from a UN-affiliated official hired to promote human rights.”

    On Wednesday, Francesca Albanese spoke at the United Nations and responded to the US attacks.

    FRANCESCA ALBANESE: I have the same shock that you have, looking at how the United States is behaving in this context, in the context of the genocide that is unfolding in Gaza. I’m not — I’m not surprised that they attack anyone who speaks to the facts that are, frankly, on our watch in Gaza. And they do that so brutally because they feel called out, because it’s not that it’s that the United States is simply an observer. The United States is being an enabler in what Israel has been doing.

    AMY GOODMAN: That was UN Special Rapporteur Francesca Albanese speaking at the United Nations on Wednesday. She joins us here in our studio.

    Welcome back to Democracy Now! Thanks so much for joining us.

    Well, before we get you to further respond to what the US and Israel is saying, can you lay out the findings of your report?


    Colonial Erasure’: UN expert Francesca Albanese on Israel’s “intent to destroy” Gaza Video: Democracy Now!

    FRANCESCA ALBANESE: Absolutely. First of all, thank you for having me.

    I have to say that this report is the second I write on — and I present to the United Nations on the topic of genocide. And it has been very reluctantly that I’ve taken on the responsibility to be the chronicler of — the chronicler of an unfolding genocide in Gaza.

    In March this year, I concluded that there were reasonable grounds to believe that Israel had committed at least three acts of genocide in Gaza, like killing members of the protected group, Palestinians; inflicting severe bodily and mental harm; and creating conditions of life that would lead to the destruction of the group. And the reason why I identified these were not just war crimes and crimes against humanity is because I identified an intent to destroy.

    And I understand that even in this country, people are quite confused about what is genocidal intent, because it’s not a motive. One can have many motives to commit a crime. And I understand genocide is a very insidious one, and it’s difficult to identify what’s a motive. But this is not about the motives. The intent to commit genocide is the determination to destroy, which is fully evident in — especially in the Gaza Strip, as I identified in — as argued in March already.

    The reason why I continue to write about genocide — and, in fact, this report walks on the heels of the previous one — is in order to better explain the intent, especially state intent, because there is another misunderstanding that there should be a trial of the alleged perpetrators in order to have — to attribute responsibility to a state.

    No, because not only you have had acts committed that should have been prevented by the — in a rule of law, in a proclaimed rule of law system like Israel, where there is the government, the Parliament, the judiciary, working as checks and balances, genocide has not only been not prevented, [it] has been enabled through the various organs of the state.

    And I explain what has happened as of October 7, which has provided the opportunity to escalate violence, to build on the rage and on the fury of many Israelis, turning the soldiers into willful executioners, is that there was already a plan, hatred.

    I mean, the Palestinians, like Ilan Pappé says, are victims not of war, but of a political ideology that has been unleashed. Palestinians have always been an unwanted encumbrance in the Israeli mindset, because they are an obstacle both as an identity and as legal status to the realisation of Greater Israel as a state for Jewish Israelis only.

    NERMEEN SHAIKH: So, we’ll go back to — because I do want to ask about the Israeli state institutions that you name and the branches of the Israeli state that have been involved in forming this state’s intent. But if you could elaborate on the point that you make, the difference between intent and motive, and in particular what you say in the report about how it’s critical to determine genocidal intent, “by way of inference”?

    You know, that’s a different phrasing than one has heard in all of this conversation about genocide so far. If you explain what you mean by that and what such a determination makes possible? So, rather than just looking at genocidal intent in other forms, what it means to infer genocidal intent?

    FRANCESCA ALBANESE: So, first of all, what constitutes genocide is established by Article II of the Genocide Convention, which creates a twofold obligation for member states, to prevent genocide so genocide doesn’t have to complete itself. When there is a manifestation of intent, even genocidal intent, there is already an obligation to intervene, because a crime is unfolding.

    And then there is an obligation to punish. How the jurisprudence, especially after Rwanda and after former Yugoslavia, there have been cases both for criminal proceedings, where individual perpetrators have been investigated and tried, and [the] responsibility of the state, litigated before the International Court of Justice. This is how the jurisprudence on genocide has developed.

    And the intent has been further elaborated upon what the Genocide Convention says. And while it might be difficult to have direct intent, meaning to have — it’s difficult but not impossible, in fact, to have a state official say, “Yes, let’s go and destroy everyone” — although I do believe that there is direct intent in this genocide in Gaza.

    But the court also established that genocide can be inferred from the scale of the attack on the people, the nature of the attack, the general conduct. And what it says is that normally there should be a holistic approach in order to identify intent, which is exactly what I’ve done.

    And indeed, this is why I proposed in this report what I called the triple lens approach. We need to look at the conduct, like the totality of the conduct, instead of studying with a microscope each and every crime. We need to look at the whole, against the totality of the people, the Palestinians as such, in the totality of the land, that Israel has slated as its own by divine design.

    NERMEEN SHAIKH: No, absolutely. And then, if you could — the other precedent you’ve just spoken about — of course, Rwanda and former Yugoslavia — another case that you cite in the International Court of Justice is The Gambia v. Myanmar. So, how is that comparable to what we see happening in Gaza? Why is that a relevant example and different from both Rwanda and former Yugoslavia?

    FRANCESCA ALBANESE: Let me tell you what I see as the major differences in the case of Israel, because it’s a very complex discussion. But in all four cases, there is a toxic combination of hatred, ideological hatred, which has informed political doctrines. And this is true in all the various contexts we are mentioning. The other common element is that there is [a] combination of crimes. Like, forced displacement is not an act of genocide per se, but the jurisprudence says that it can contribute to corroborate the intent.

    But, again, mass killing or mass destruction of property, torture and other crimes against a person, which translate into an infliction of physical and mental harm to the group, not individuals as such, but individuals as part of the group, these are common elements to all genocides.

    What I find characteristic in this one is, first of all, this is not — I mean, the state of Israel is not Myanmar and is not Rwanda 30 years ago. This is not war-torn former Yugoslavia. This is a state which has a separation of powers, different organs, as I said, checks and balances. And let me give you a specific example, because you asked me to comment on the state functions.

    In January this year, the International Court of Justice issued a set of preliminary measures in the context of its identification, before even looking at the merits of the case initiated by South Africa for Israel’s breach, alleged breach, of the Genocide Convention, which identified the plausibility of risk for the rights protected — of the rights of the Palestinians protected under the Genocide Convention, which means plausibility — it’s semantics, but it’s plausibility that genocide might be committed against the Palestinians in Gaza.

    And the provisional measures included an obligation to investigate and prosecute the various cases of incitement, genocidal incitement, that the court had already identified. And it mentions leaders, senior leaders, of the Israeli state. Has there been any investigation? Has there been any prosecution?

    But I’m telling you more. The genocidal statements didn’t resonate as shocking in the Israeli public, not only because there was rage, an enormous rage and animosity, of course. I mean, this is understandable, that the facts of October 7 were brutal and traumatized the people.

    But at the same time, hatred against the Palestinians and hate speech, it’s not something that started on October 7. I do remember, and I do remember the shock I felt because no one was reacting, and years ago, there were Israeli ministers talking of — freely, of killing, justifying the killing of Palestinians’ mothers and children because they would turn into terrorists.

    AMY GOODMAN: Francesca Albanese, talk about the title of your report, Genocide as Colonial Erasure.

    FRANCESCA ALBANESE: This is another element which I think — and, in fact, it’s the most important, where we see the difference between this genocide and others, because there is a settler-colonial component. And again, if you look at what the International Court of Justice in July this year concluded, when it decided that the — when it found that Israel’s 57 years of occupation in Gaza, the West Bank and East Jerusalem is unlawful and needs to be withdrawn totally and unconditionally, as rapidly as possibly, which the General Assembly says by September 2025.

    The court said that it amounts to — that the colonies amount to — have led to a process of annexation and racial segregation and apartheid. And these are the features of settler colonialism, the taking of the land, the taking of the resources, displacing the local population and replacing it. This has been a feature.

    Now, it is in this context that we need to analyse what is happening today. And by the way, don’t believe, don’t listen only to Francesca Albanese. Listen to what these Israeli leaders and ministers are saying — reoccupying Gaza, retaking Gaza, recolonising Gaza, reconquesting Gaza. This is what they are saying.

    And there are settlers on expeditions, not only to Gaza but also to Lebanon. So, this is why I say that the main difference, the main feature of this genocide, apart all the horrible aspects of it, is that this is the first settler-colonial genocide to be ever litigated before a court, an international court.

    And this is why coming to this country, which is a country birthed from a genocide, when I meet the Native Americans, for example, I feel the pain of these people. And I say if we manage to build on the intersectionality of Indigenous struggle, the cry for justice behind this case for Palestine will resonate even louder, because it will somewhat be an act of atonement from the settler-colonial endeavor, which has sprouted out of Europe, toward Indigenous peoples. So there is a lot of symbolism behind it.

    NERMEEN SHAIKH: And, you know, the analogy — first of all, you talked about the case brought by South Africa, so what they share, apart from South Africa and Israel-Palestine, is both the fact that they were colonial-settler states, as well as the fact that apartheid has been established as having occurred in both places.

    Now, in the case of South Africa, it was a decision that was taken by the United Nations at the time of apartheid, was unseating South Africa from the General Assembly. There have been calls now to do the same with Israel. So, if you could — if you could comment on that?

    And then, I just want to quote another short sentence from your report, in which you say, “As the world watches the first live-streamed settler-colonial genocide, only justice can heal the wounds that political expedience has allowed to fester.” So, if you could talk about the International Court of Justice’s case in that context, what role you think they can play, South Africa’s case, in resolving or addressing — seeing and addressing this wound?

    FRANCESCA ALBANESE: First of all, let me unpack the question of the unseating Israel, because this is one of the recommendations I made in my report. Under Article 6 of the UN Charter, a member state can be suspended of its credentials or its membership by the General Assembly upon recommendation of the UN Security Council. And the first criticism I got is that we cannot do that, because every states commit international law violations. Absolutely. Absolutely.

    But there are two striking features here. First, Israel is quite unique in maintaining an unlawful occupation, which has deemed such by — in at least one full occasion, but again, there was already a case brought before the ICJ in 2004, so there have been two ICJ advisory opinions.

    There is a pending case for genocide. There has been the violations of hundreds of resolutions by the — on Israel — over occupied Palestinian territory, by the Security Council, the General Assembly, the Human Rights Council, and steady violation of international humanitarian law, human rights law, the Apartheid Convention, the Genocide Convention. So this is quite unique.

    But all the more, this year alone, Israel has conducted an attack, an unprecedented attack, against the United Nations. It has attacked physically, through artillery, weapons, bombs, UN premises. Seventy percent of UNRWA offices and UNRWA buildings, clinics, distribution centers have been hit and shelled by the Israeli army.

    Two hundred and thirty UN staff members have been killed by Israel in Gaza alone. UN peacekeepers in Lebanon have been attacked. And this doesn’t even take into account the smear, the defamation against senior UN officials, the declaration of the secretary-general as persona non grata, the referring to the General Assembly as a “cloak of antisemites”.

    Again, this has mounted to a level — the hubris against the United Nations and international law has been unchecked and unbounded forever, but now, especially after the Knesset passed a law outlawing UNRWA, declaring UNRWA a terrorist organisation, and therefore disabling it from its capacity to deliver aid and assistance especially in Gaza and the West Bank and East Jerusalem, this is the nail in the coffin of the UN Charter.

    And it can also contribute to that sense of colonial erasure, because here it’s not just at stake the function of a UN body — and UNRWA is a subsidiary body of the General Assembly, so it’s even more serious. But there is the capacity of UNRWA to deliver humanitarian aid in a desperate situation, and also the fact that UNRWA is seen by Israel as the symbol of Palestinian identity, especially the Palestinian refugees. So there is an attempt to erase Palestinianness, including by hitting UNRWA.

    AMY GOODMAN: I want to ask you about your trip here, as we begin to wrap up. The US Ambassador to the United Nations, Linda Thomas-Greenfield, quoted on — tweeted on Tuesday, “As UN Special Rapporteur Albanese visits New York, I want to reiterate the US belief she is unfit for her role. The United Nations should not tolerate antisemitism from a UN-affiliated official hired to promote human rights.” If you can further address their charge of antisemitism against you?

    FRANCESCA ALBANESE: Yeah.

    AMY GOODMAN: And talk about what happened. You were supposed to come to Congress and speak and brief them, but that was cancelled this week.

    FRANCESCA ALBANESE: Yes, it was canceled. But let me — first of all, I’m very embarrassed to read this, because a senior US official who writes this, I mean, it shows a little bit of desperation. I’m sorry, but, you know, I’m very candid.

    And let me unpack my antisemitism for the audience. So, what I’ve been accused of — the reason why I’ve been accused of antisemitism — is because I’ve allegedly compared the Jews to the Nazis. Never done. Never done.

    What I’ve said, what I’ve done is saying, and I keep on saying, that history is repeating itself. I’ve never done such a comparison where I draw the parallel. It’s on the behaviour of member states who have the legal and moral obligation to prevent atrocities, including an unfolding genocide.

    In the past, they have done nothing — nothing — until the end of the Second World War, to prevent the genocide of the Jews and the Roma and Sinti. And they’ve done nothing to prevent the genocide of the Bosnians.

    And they’ve done nothing to prevent the genocide of the Rwandans. And they are doing the same today. This is where I insist that now, compared to when there was the Holocaust, now we have a human rights framework that should prevent this. The Genocide Convention to prevent this. So, this is one of the points.

    The second point, — which leads to portray me as an antisemite, which is really offensive — is that I’ve said that October 7 was not — I’ve contested, I’ve challenged the argument that October 7 was an antisemitic attack. October 7 was a crime, was heinous. And again, I’ve condemned the acts that were directed against the Israeli civilians, and expressed solidarity with the victims, with the families. I’ve been in contact with the families of the hostages.

    But I’ve also said the hatred that led that attack, that prompted that attack, to the extent it hit civilians, not the military, but it was prompted not by the fact that the Israelis are Jews, but the fact that the Israelis — I mean, the Israelis are part of that endeavor that has kept the Palestinians in a cage for 17 years and, before, under martial law for 37 years. And Palestinians have tried — it’s true they have used violence, but before violence, they have tried dialogue. They have tried collaboration. They have tried a number of means to access justice, and they have gone nowhere.

    I can — I mean, let me relate just this case, because last year I worked with children. And someone who was 17 years old before October 7 last year had never set foot out of Gaza. This is the reality. And I spoke with children while I was writing my report on “unchilding”, the experience of Palestinians under Israeli occupation. And one of them — I mean, there were these two girls fighting, because one of them had been able to go to Israel and the West Bank because she had cancer and could be treated, and the other was jealous, because, she said, “At least she was sick, and she could go, she could travel. I’ve never seen the mountains.”

    And again, this doesn’t justify violence, but, please, please, put things in context. And even Israeli scholars have said claiming that October 7 was prompted by antisemitism is a way to decontextualize history and to deresponsibilise Israel.

    I condemn Israel not because it’s a Jewish state. It’s not about that, but because it’s in breach of international law through and through. And were the majority of Israelis Buddhists, Christians, atheists, it would be the same. I would be as vocal as I am now.

    NERMEEN SHAIKH: Francesca, just one last question, and we only have a minute. Your recent book, J’Accuse, you take the title, of course, from the letter Émile Zola wrote during the Dreyfus Affair to the French president. You came under severe criticism for the choice of that title. Could you explain why you chose it and what it means in this context?

    FRANCESCA ALBANESE: Absolutely. I have the sense that whatever I say comes under scrutiny and criticism. But J’Accuse is — first of all, it’s the title that was proposed by the editor, the publisher. And I was against it until October 7.

    When I saw the narrative, the dehumanization of the Palestinians after October 7, and what it was legitimising, I said, “This is the title. We need to use it,” because I draw the parallel between what is happening to the Palestinians and what has happened to other groups, particularly the Jewish people in Europe.

    I say the Holocaust was not just about the concentration camps. The Holocaust was a culmination of centuries of discrimination, and the previous decades had led the Jewish people in Europe to be kicked out of jobs, professions, to be treated like subhumans, as animals. And it’s this dehumanisation that we need to look at in the face today, in the eyes today, and recognise as leading to atrocity crimes.

    AMY GOODMAN: We want to thank you for being with us, Francesca Albanese, UN Special Rapporteur on the Occupied Palestinian Territory.

    The text of this programme was first published by Democracy Now! here and is  republished under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States Licence.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Tech leaders outline vision for AI-powered future

    Source: China State Council Information Office

    Tech leaders gather at the AI Creators Conference in Beijing, Oct. 30, 2024. [Photo courtesy of the organizer]

    The AI Creators Conference, hosted by Chinese tech media company Pingwest, convened Wednesday in Beijing’s Zhongguancun subdistrict to explore practical applications of artificial intelligence.

    Pingwest founder Luo Yihang introduced this year’s theme, “AI for Real,” emphasizing how AI can enhance daily life and provide practical services. The event spotlighted AI applications in mobile phones and VR glasses, drawing industry leaders, including Vivo Vice President Zhou Wei and Xreal founder Xu Chi.

    Zhou detailed Vivo’s journey since launching its Global Research Institute in 2018, which is dedicated to integrating AI technology with smartphones. In 2023, the company introduced BlueLM, its proprietary technology designed to enhance AI-smartphone integration for improved user interaction and personalized services.

    Zhou emphasized that smartphones act as a bridge between people and the digital world, describing them as potential personal butlers. He outlined five key AI agent capabilities: perceiving user intentions, sharing experiences and memories, assisting in decision-making, autonomously operating applications and managing user affairs.

    These AI-powered devices will offer proactive intelligence and personalized services. Smartphones will be able to understand various languages, including minority ones, recognize speakers’ emotions and take autonomous actions like restaurant reservations, according to Zhou.

    The Vivo executive described the shift as “services finding people” instead of “people finding services.”

    In June this year, the National Guide on the Construction of Comprehensive Standardization System for the Artificial Intelligence Industry (2024) was jointly published by the Ministry of Industry and Information Technology, the Office of the Central Cyberspace Affairs Commission, the National Development and Reform Commission, and the Standardization Administration of China.

    The guide emphasizes standardizing evaluation methods for AI products while promoting the integration of large language models into practical applications. Zhou said smartphone manufacturers, including Vivo, will discuss in November how to establish industry standards for integrating AI agents into smartphones, aiming to facilitate collaborative innovation.

    Xreal founder Xu Chi shared his vision for AR glasses at the conference, predicting they could replace smartphones as the primary terminal device within a decade. While current models lag behind smartphones in efficiency, AI integration will simplify their use.

    Xu envisions future AR glasses with AI assistants providing personalized support and services, aligning with Vivo’s approach. Xu compared the concept to “Iron Man’s suit,” where users control their AI assistant through simple hand gestures.

    MIL OSI China News

  • MIL-OSI China: Package sales stimulate hotel market as off-season looms

    Source: China State Council Information Office

    A drone photo shows tourists enjoying the sunrise scenery in Fuyuan City, northeast China’s Heilongjiang Province, Oct. 12, 2024. [Photo/Xinhua]

    As Chinese people rub their hands for yet another annual “Double 11” online shopping spree, e-commerce platforms like Taobao are no longer the only places they dwell upon.

    Attracted by exclusive “Double 11” hotel packages — usually heavily discounted multi-night stays at boutique hotels, resorts and guesthouses — people are spending more time on the country’s leading online travel agencies, such as Fliggy and Ctrip.

    Fliggy felt the heat firsthand when it kicked off sales of this year’s “Double 11” tourism packages on the evening of Oct. 21. Its revenue exceeded 1 billion yuan (about $140 million) in just 53 seconds — a dramatic acceleration from 13 minutes last year — and surpassed last year’s first-day sales total in just 52 minutes.

    After a customer secures a holiday package, they can select any check-in date within that package’s validity period, which is usually several months, and their payment will only go through once they confirm the dates of their stay.

    These packages meet Chinese consumers’ growing demand for good-value products and services, and as the time they have to make decisions is often limited, flexibility and convenience are increasingly significant when it comes to travel accommodation, according to a report from commercial property information provider Meadin.

    For hotels, “Double 11” sales are another arena in the country’s booming tourist market.

    During the seven-day National Day holiday last month, China recorded 765 million domestic tourist trips, a year-on-year increase of 5.9 percent on a comparable basis, according to data from the Ministry of Culture and Tourism.

    The total spending of domestic tourists exceeded 700 billion yuan during the period, up 6.3 percent year on year and 7.9 percent from 2019, the data shows.

    Notably, tourist demand for customized trips and exclusive experiences has been booming, stimulating a surge in county tourism and the rise of boutique homestays, which saw the highest growth rate in terms of quantity among all holiday accommodation types in September, according to the Meadin report.

    A report released by bed and breakfast (B&B) booking platform Xiaozhu shows that during the National Day holiday, its B&B bookings increased by 37 percent compared to the same period last year.

    “The competition has been fierce in the tourism market this year, and businesses are facing great challenges,” said Shuai Mengting, who is in charge of Fliggy’s “Double 11” sales, which she believes present an important opportunity for hotels in the upcoming off-season.

    To take full advantage of the opportunity and secure more reservations for the off-season, hotels have been expanding their package sales channels by livestreaming and inviting influencers to promote their products.

    Following that trend, Fliggy is also expanding its sales channels. During this year’s “Double 11” sales, the company’s marketing input on popular social media platforms like WeChat, Xiaohongshu and Weibo doubled compared to last year, Shuai said.

    “In terms of value, the travel products for this year’s ‘Double 11’ are arguably the best we’ve had in recent years,” she said. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: Sun Dong to visit Canada

    Source: Hong Kong Information Services

    Secretary for Innovation, Technology & Industry Prof Sun Dong will depart today on a visit to Canada, where he will stop in Toronto, Ottawa and Waterloo and seek to strengthen co-operation between Hong Kong and Canada in areas such as innovation and technology (I&T).

    Prof Sun will meet leaders of I&T enterprises in the country, and engage with Hong Kong youngsters studying there.

    He will also deliver a keynote speech at the Seminar on Life Science & Global Health, co-organised by the Hong Kong-Canada Business Association (Ottawa Chapter) and Invest Hong Kong, and visit universities, research institutes and I&T parks.

    Prof Sun will return to Hong Kong on November 8. During his absence, Under Secretary for Innovation, Technology & Industry Lillian Cheong will be Acting Secretary.

    MIL OSI Asia Pacific News

  • MIL-Evening Report: Albanese flags radical changes to student debt – with a 20% overall cut and drop in payment rates

    Source: The Conversation (Au and NZ) – By Andrew Norton, Professor in the Practice of Higher Education Policy, Australian National University

    Taoty/Shutterstock

    Over the weekend, the Albanese government announced radical changes to student loans, which would kick in after the next federal election.

    Three million Australians with student debt could see their balances cut by 20%. The remaining debt would be repaid under a new system, with no compulsory repayments for people earning less than A$67,000 a year. Both changes require parliamentary approval.

    The changes will apply to everyone with a student debt, including all HELP (formerly HECS), vocational education and Australian apprenticeship support loans, as well as other student support loans.

    People with student debt would undoubtedly benefit from the proposed changes. But they come with a hefty price tag and some disadvantages.

    What are the proposed cuts to student debt?

    As of June 30 this year, Australia’s higher education student debt totalled about $75.1 billion – although this is soon set to drop by about $3 billion. Legislation to partially reverse recent indexation to debts will go to the Senate later this month.

    However, staying with the $75 billion, a 20% cut would be about $15 billion.

    Using the government’s figures, someone with the average HELP debt of $27,600 would see around $5,520 cut from their HELP loans next year.

    Vocational education students owed $8.4 billion as of June 30 2024. Their balances would reduce by about $1.7 billion under the changes.

    Based on previous student support loan data, this debt is more than $3 billion. The changes would see it drop by about $600 million.

    These reductions total $17.3 billion compared to the government’s estimate of $16 billion. But the upcoming indexation changes may explain this difference.

    Repayments set to change

    These changes have two important elements: the income at which repayments start and how repayments are calculated.

    These changes come amid a cost-of-living crisis and rising fees for students.

    There was a noted outcry earlier this year when the cost of an arts degree hit $50,000 for 2025.

    No compulsory repayments if you earn under $67,000

    With parliament’s approval, for 2025-26 compulsory repayments on student loans would not start until the debtor was earning $67,000. This is up from about $56,000.

    This would help a significant number of Australians. In 2023-24 more than 400,000 debtors had incomes between $50,000 and $70,000.

    Changes to how repayments are calculated

    Another significant change is to how repayments are calculated. Currently, when a debtor’s income reaches one of 18 income levels they repay a higher percentage, based on all their income.

    This can produce strange results. Take a graduate earning $62,850 a year. They are in the 1% of income repayment rate, so they owe the Australian Taxation Office $628.50 in HELP repayments. But if their income goes up by $1 to $62,851 they enter the 2% repayment bracket, and owe the tax office $1,257. So a $1 pay increase would reduce the graduate’s take home pay by more than $600.

    Under the government’s proposal, repayments would be calculated on income above a threshold, ignoring all income below the first threshold.

    The new system would start with a 15% repayment rate at incomes between $67,000 and $124,999. Income at $125,000 or above would have a 17% repayment rate.

    So, take a graduate on $70,000 a year. Under the current system, they will repay 2.5% of all their income, which is $1,750. Under the proposed system their repayments will be calculated only on the $3,000 difference between $67,000 and $70,000. This means they pay 15% of $3,000 or $450.

    The government says on average, repayments will drop by $680 per individual debtor.

    But those earning $180,000 plus will repay more student debt each year due to the new system. This is not a large group.
    Of the 1.16 million people who made a HELP repayment in 2021-22, all but 16,000 earned less than $180,000.

    The cost of an arts degree is set to reach $50,000 in 2025, amid growing concerns over study costs.
    rongyiquan/Shutterstock

    There are some disadvantages

    The downside of reduced annual repayments is longer repayment periods and more indexation of HELP balances.

    People who want to repay more quickly can make voluntary repayments, which have increased significantly in recent years. But most people take the default option of compulsory repayments only.

    While people who currently hold debt will see their repayment times reduced after the 20% cut to their balance, future borrowers won’t have this benefit.

    Given the pattern of recent announcements, it would not be surprising if the government also announced reduced student contributions for future borrowers.

    But it is also surprising the government has been stalling for two years on the high cost of arts degrees, set to hit almost $17,000 a year next year. These high fees should have been reduced long ago.

    The cost to government

    The 20% reduction in student debt balances will also come at a very significant cost to government and taxpayers.

    This will not be the full $16 billion they have announced, since that includes debt that is not expected to be repaid anyway.

    For higher education debt, the government actuary estimates 24% of the debt outstanding as of June 30 this year will not be repaid. Even so, a 20% cut to the $57.1 billion “good” debt would still cost $11.4 billion.

    Cutting vocational education debt by 20% would add around another $1 billion to the cost, after deducting debt that won’t be repaid. Debts for student income support tend to have high bad debt rates, but the 20% cut for them would also add to the government’s expenditure.

    The government will also incur further costs from slowing down future repayments.

    Is this the best way?

    The last few years have highlighted how stressful and damaging high levels of student debt can be for younger Australians.

    And as Labor looks ahead to the next federal poll, reducing individuals’ debts and repayments could be a useful election selling point.

    However, the Albanese govenrment’s plan comes with a high price tag and the priorities may not be entirely right. Managing future debt, such as by reversing fee hikes under the Job-ready Graduates program, is as important as reducing old debt.

    Andrew Norton 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. Albanese flags radical changes to student debt – with a 20% overall cut and drop in payment rates – https://theconversation.com/albanese-flags-radical-changes-to-student-debt-with-a-20-overall-cut-and-drop-in-payment-rates-242740

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: View from The Hill: it’s time to put some new rules around upgrades for parliamentarians

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    The Qantas upgrades affair has turned from a missile targeted at Anthony Albanese to a cluster bomb hitting MPs on all sides.

    On Sunday, Education Minister Jason Clare took the opportunity provided by an interview on Sky about the government’s proposal to slash 20% off student debt to relate, in detail, why he requested a Qantas upgrade in 2019 for a private trip to Singapore.

    He’d had an operation on his leg. He was catching up with his family already overseas. He contacted someone – he’s forgotten who – in Qantas.

    On the other side of politics, the Nationals’ Bridget McKenzie, who’s been in hot pursuit of Albanese over his upgrades, is yet to produce full details of her own situation.  She’s asked the airlines for the information.

    Then there’s the Liberals’ Paul Fletcher, who apparently likes to book economy on flights of under two hours. He’s had 69 upgrades over almost 15 years.

    It’s important to remember what the rules are. Parliamentarians in their work are entitled to fly business class on domestic trips.  In some cases, they choose to fly economy on short hauls and business on longer ones.

    In the wake of the ongoing revelations, surely it is time to fix the rules. One obvious change should be a ban on upgrades for all personal travel, domestic or overseas, by parliamentarians. If MPs do not want the discomfort of economy class on holidays or other excursions, they should pay to avoid it.

    Another change should be that the minister for transport, and the shadow minister, should decline upgrades for their official travel. That avoids any suggestion of being influenced by such perks.

    This parliamentary week is devoted, in the Senate, to estimates hearings, so there will be some grilling on the first day about upgrades, and also about the fabled Qantas chairman’s lounge, a networking facility which those with power are invited to join.

    “The Chairman’s Lounge” is the title of the book by journalist Joe Aston that kicked off the furore a week ago.

    The estimates hearings are also likely to see opposition senators probe the entrails of whether Lidia Thorpe, who demonstrated  noisily at the parliamentary reception for the King, has or has not been properly sworn in as a senator.

    Thorpe substituted the word “hairs” for “heirs” when she read the oath. But she signed the paper, and constitutional expert Anne Twomey thinks she’s met the requirements.

    McKenzie has been among those targeting Thorpe. But  if, when the full Senate sits later in the month, the opposition tries to have action taken against Thorpe, it will just serve her cause.

    Thorpe wants publicity and that would give her plenty more. To be attempting to censure or even have disqualified an Indigenous senator would send a bad signal, at home (where some Indigenous people back her) and abroad.

    The House of Representatives this week will have a heap of legislation before it, including the bill on misinformation and disinformation. There will be another to keep the NBN in public hands, as well as the aged care reforms.

    But we’re still awaiting an announcement on restricting gambling advertising, and a bill to put an age limit on young people signing up to social media accounts.

    We won’t be seeing before the election legislation for the prime minister’s  announcement on  cutting student debt by 20%, and other changes relating to its repayment, that he unveiled at the weekend.

    Unlike the government’s earlier change to the indexation of this debt, now before the Senate, these new measures are promises – conditional on Labor winning next year’s election.

    If that happens, Albanese says this will be “the first piece of legislation we bring into the next parliament”. The  20% cut would be from loan accounts that exist on June 1 next year.

    The government says this is worth $16 billion, although experts point out the real figure – that is, the cost to taxpayers – is several billion dollars less because a portion of these loans would never be repaid anyway.

    We do not have a precise timeline for the cost, which the government says would be borne over the life of the debt. No doubt the estimates hearings will see some delving into this promise, that is squarely directed at millennial voters and those younger and focused on the cost of living.  

    Michelle Grattan 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. View from The Hill: it’s time to put some new rules around upgrades for parliamentarians – https://theconversation.com/view-from-the-hill-its-time-to-put-some-new-rules-around-upgrades-for-parliamentarians-242744

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: Financial skills like managing debt are key to success, but Ghana’s small businesses don’t have them

    Source: The Conversation – Africa – By Samuel Adomako, Associate Professor of Strategy and Innovation, University of Birmingham

    Financial literacy is vital for individuals and households. Simply put, it’s the ability to understand and effectively use various financial skills: budgeting, managing debt, making sound investments, and understanding financial statements.

    These skills are crucial for businesses, too – especially small and medium enterprises. Small and medium enterprises are widely recognised as the backbone of many low-income countries’ economies. The World Bank estimates that these businesses account for between 60% and 70% of jobs in sub-Saharan Africa and approximately 40% of low-income countries’ GDPs globally.

    Ghana is one of the countries whose economy relies heavily on small and medium enterprises. Much emphasis has been placed on how important it is for these businesses to access finance. But far less has been discussed about the value of financial literacy. In Ghana, as is the case in many other countries, the reality is that many small and medium enterprises still fail to grow as expected, even when they have access to capital. This surprising outcome suggests that access to finance, while crucial, is not the sole factor determining business success. The missing piece of the puzzle? Financial literacy.

    We conducted a study to find out whether managers at small and medium enterprises in Ghana believed that financial literacy would help them to improve their growth after accessing finance. CEOs and senior financial managers who self-identified as being financially literate told us that their businesses had grown as a result, explicitly linking growth and financial literacy.

    It is clear from this study that financial literacy empowers the managers of small and medium enterprises to make informed decisions, make the best use of their resources, and avoid common pitfalls that can derail business growth. It enables them not only to access finance but also to use it effectively for sustainable growth and long-term success.

    Our findings have wider implications. Small and medium enterprises are vital for economic growth. But their potential is being undermined by a lack of financial literacy. This isn’t just a problem for businesses themselves: it’s a problem for the entire economy they are part of. When small and medium enterprises fail to grow, job creation stalls, innovation slows down, and the economy as a whole suffers.

    The study

    There is no single public register for small and medium enterprises in Ghana. So we drew our participants from a range of resources, including the national company register, the Ghana Export Promotion Authority, the Association of Ghana Industries and the Ghana Business Directory.

    We defined small and medium enterprises in the same way as Ghana’s Statistical Service does: companies that have 250 or fewer employees.

    Ultimately, 201 firms across the manufacturing and services sectors took part in the study. The vast majority of responses were from CEOs and senior finance managers, which is important since people in these positions ought to have comprehensive knowledge about a firm’s growth and performance.

    The respondents saw a clear link between financial literacy and access to finance for growing their businesses. One CEO said:

    Understanding financial principles is the foundation of our business decisions. Without financial literacy, we wouldn’t have been able to secure the necessary funding to expand our operations. It’s not just about getting access to finance but knowing how to manage it effectively that drives growth.

    A senior financial manager told us:

    Before improving our financial literacy, we struggled to convince lenders of our potential. Learning how to present our financials clearly and manage our cash flow gave us the credibility we needed to secure financing and invest in our growth.

    Some interviewees discussed how not being financially literate had hampered their ability to properly use funding. A finance manager said that, after securing an initial round of funding. “we quickly realised we couldn’t manage cash flow effectively”, adding:

    It felt like we were putting out fires every day. I didn’t understand terms like ‘liquidity ratios’ or ‘debt management’ until I started learning about financial literacy. It was eye-opening.

    These lessons happened in various ways, some more formal than others. One CEO, realising their own financial management skills needed work, hired a financial officer with strong abilities in this area and learned a great deal from them.

    Some CEOs signed themselves up for financial management workshops; others organised short courses for their entire teams. One told us: “We took a financial literacy course designed for entrepreneurs, and it gave us new insights into how to manage loans and investments. It wasn’t just about survival but also about how to leverage what we had to grow. Now, we budget better, monitor our cash flow closely, and even started saving for unexpected expenses.”


    Read more: Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget


    Addressing the issues

    There are several ways to improve financial literacy among small and medium enterprises.

    First, policymakers should incorporate mandatory financial literacy training into existing support programmes for these businesses. It should cover essential financial management skills such as budgeting, cash flow management and investment planning.


    Read more: Corruption hurts businesses but digital tools offer the hope of fighting it, say manufacturers in Ghana and Nigeria


    Policymakers could also facilitate partnerships between banks, microfinance institutions and educational organisations to offer targeted financial literacy workshops for managers at small and medium enterprises. This would equip businesses to manage the financial support they receive.

    Finally, policymakers should introduce incentives, such as reduced interest rates or preferential loan terms, for small and medium enterprises that complete certified financial literacy courses. This would motivate managers to enhance their financial management skills, leading to more sustainable business growth and improved economic outcomes.

    – Financial skills like managing debt are key to success, but Ghana’s small businesses don’t have them
    – https://theconversation.com/financial-skills-like-managing-debt-are-key-to-success-but-ghanas-small-businesses-dont-have-them-241955

    MIL OSI Africa

  • MIL-OSI China: China’s bond market issuances hit 7.6 trln yuan in Sept

    Source: China State Council Information Office

    Bond issuances in China hit 7.6 trillion yuan (about $1.07 trillion) in September this year, data from the country’s central bank showed.

    Specifically, issuances of treasury bonds came in at 1.36 trillion yuan, while local government bond issuances amounted to 1.28 trillion yuan, according to the People’s Bank of China.

    Financial bond issuances stood at 764 billion yuan, and corporate credit bond issuances reached 1.19 trillion yuan.

    Outstanding bonds held in custody came in at 169.9 trillion yuan at the end of September.

    MIL OSI China News