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Category: Business

  • MIL-OSI USA: Casey, Colleagues Urge Biden Administration to Combat China’s Illegal Fentanyl Trafficking

    US Senate News:

    Source: United States Senator for Pennsylvania Bob Casey

    Senators urge Administration to impose trade countermeasures to stop China from sending fentanyl into the United States

    Over 97 percent of all illicit fentanyl present in the U.S. originates in China

    Senators: “China’s state-sponsored policy is to profit from Americans’ deaths. […] A whole-of-government approach is necessary to stop the fentanyl crisis, hold China accountable, and save lives”

    Washington, D.C. – U.S. Senator Bob Casey (D-PA) joined his Senate colleagues in calling on the Biden Administration to investigate and take new action to stop China’s relentless export of illicit fentanyl into the United States. China has become the leading exporter of the precursor chemicals used to make fentanyl with over 97 percent of all illicit fentanyl present in the U.S. originating in China. The Senators pressed the Administration to impose trade countermeasures on China for its direct role in supporting the illicit fentanyl trade.

    “China’s state-sponsored policy is to profit from Americans’ deaths. As Senators who represent thousands of families deeply impacted by illicit fentanyl, we have seen that fentanyl doesn’t just hurt the health of our states’ population, it also leaves economic destruction in its wake. […] A whole-of-government approach is necessary to stop the fentanyl crisis, hold China accountable, and save lives,” wrote the Senators.

    The Senators detailed how China’s ongoing manufacturing and shipment of illicit fentanyl is directly subsidized by the Chinese government. The Senators called on U.S Trade Representative Katherine Tai to support a Section 301 tariff petition filed by Facing Fentanyl, Inc., a national coalition of thousands of families and over 200 fentanyl awareness organizations. Section 301 tariffs are imposed when a foreign nation engages in unfair trade practices. The United States has repeatedly imposed Section 301 tariffs on China due to a recurring and ongoing practice of illegal behavior, including in 2018 to combat unfair trade practices such as forced technology transfer, theft of intellectual property, and overproduction of commodities to distort fair market prices.

    Senator Casey has led efforts in the Senate to prevent the spread of fentanyl into the United States. He has traveled around Pennsylvania meeting with law enforcement and families of victims of fentanyl overdoses as he pushed for passage of the FEND Off Fentanyl Act. In October and November 2023, Senator Casey sent multiple letters to President Biden urging his Administration to focus diplomatic conversations with China on the role of the Chinese government in the illicit fentanyl supply chain and demanding meaningful action to combat this crisis. In January, Casey introduced the Stop Fentanyl at the Border Act, a bill to reduce the flow of fentanyl by increasing staffing capacity and technology to detect illicit drugs being smuggled through ports of entry along the southwest border. In July, Casey applauded the Senate passage of the?Preventing the Financing of Illegal Synthetic Drugs Act,?a bill that will direct the U.S. Government Accountability Office (GAO) to investigate how transnational criminal organizations finance synthetic drug trafficking and help the federal government target them more effectively. In August, Casey led his colleagues in introducing the bipartisan?Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act?to help CBP prevent fentanyl from entering the country undetected. In September, Casey introduced the Interdiction of Fentanyl at Federal Prisons Act, which would protect prison officers, staff, and inmates from fentanyl and other illicit substances entering the Federal Prison System through inmate mail. 

    In addition to Senator Casey, the letter is signed by Sherrod Brown (D-OH), Tammy Baldwin (D-WI), Amy Klobuchar (D-MN), and Tina Smith (D-MN).

    Read the read the full letter to U.S. Trade Representative Katherine Tai HERE or below:  

    Dear Ambassador Tai:

    We write regarding the Section 301 petition filed by Facing Fentanyl, Inc. – a national coalition of over 200 fentanyl awareness organizations and thousands of families – to request that the Administration impose trade countermeasures on the People’s Republic of China (PRC) given the fact that “its government and companies—[are] engaged in a devastating and unrelenting attack on the United States through the export of illicit fentanyl, a lethal poison.” Illicit fentanyl and its precursors have not only caused irreparable harm to the health of American families and communities, but also to the health of our economy. In light of these harms, we write in strong support of this petition and encourage its full and fair evaluation.

    Nothing happens in the PRC without express approval of its government – making the ongoing, unrelenting manufacture and shipment of fentanyl and its precursor chemicals a direct, government-sponsored assault on the American people. The Chinese government directly subsidizes the production of illicit fentanyl materials through tax rebates, awards grants to companies openly trafficking illicit fentanyl online, and holds ownership interests in companies trafficking illicit fentanyl materials. In other words, China’s state-sponsored policy is to profit from Americans’ deaths. As Senators who represent thousands of families deeply impacted by illicit fentanyl, we have seen that fentanyl doesn’t just hurt the health of our states’ population, it also leaves economic destruction in its wake. This problem requires a whole of government approach to combatting China’s unfair and harmful strategies intended to harm the American public and economy.

    As you know, Section 301 tariffs are imposed when a foreign nation engages in unfair trade practices – in essence, when another country cheats at the rules of international trade. The United States has repeatedly imposed Section 301 tariffs upon the PRC due to a recurring and ongoing practice of trade distorting behavior, including in 2018 to combat unfair trade practices regarding technology transfer, intellectual property, and innovation. This petition represents a critical next step in addressing China’s trade cheating.

    The impacts of the fentanyl crisis are felt in every community and across the United States, which has the highest rate of fentanyl overdose deaths of any high-income country. On average, fentanyl kills 200 Americans daily, and has killed nearly 75,000 people in the last year alone. This loss of life is first and foremost tragic and devastating, and it is directly due to the PRC’s support and subsidies for the production and export of fentanyl and the chemicals that can be used to make the deadly drug.  The result is that China has “cornered the market” on fentanyl. It is the source of 97 percent of the world’s fentanyl, and it designed this poison to be more lethal and undetectable – with the result being that many killed by fentanyl had no idea they were ingesting this drug.

    In addition to widespread overdose deaths, the prevalence of fentanyl has had an enormously detrimental effect on the United States economy. The strain on the healthcare system and the diversion of law enforcement resources all contribute to an extreme burden on United States commerce. These consequences directly stem from one source: the PRC’s direct role in and support for the illicit fentanyl trade. Nearly all fentanyl precursors used to manufacture illicit fentanyl come from China. Significant work in Congress has been done to hold China accountable for these horrific policies. Earlier this year, Congress passed the FEND Off Fentanyl Act, which imposes new sanctions and anti-money laundering penalties targeting the illicit fentanyl supply chain. Diplomatic efforts should be acknowledged as well. We have even seen a welcome decline in the number of unintentional overdose deaths in America, but this reprieve will not last without action.

    These are important steps, but more must be done. A whole-of-government approach is necessary to stop the fentanyl crisis, hold China accountable, and save lives. This petition offers new opportunity to enforce U.S. law to protect American citizens and our economy. Through Section 301 of the Trade Act of 1974, USTR has an opportunity to directly address the root of over 97 percent of the illicit fentanyl coming into the U.S. Petitioners request trade countermeasures including: tariffs on specific manufacturers and broad sectors that are complicit in fentanyl production, mobile application restrictions, outbound investment restrictions, and complete closure of the de minimis loophole. Every available tool should be considered to help our nation grapple with this crisis.

    Although the network of how fentanyl travels can be complex, the source is not. The manufacturing and distribution of illicit fentanyl that gets into our country is the active, conscious policy choice of the PRC. The government of the United States must fight back on behalf of the families and communities that have been devastated by this crisis using every tool we have. It is imperative that USTR carefully evaluate this Section 301 petition and take every step possible to hold to account those making and shipping this poison into the United States.

    Thank you for your consideration of this critically important issue.

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI USA: Duckworth, Jacobs Seek to Protect IVF Coverage in Final NDAA

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth

    October 25, 2024

    [WASHINGTON, D.C.] — U.S. Senator Tammy Duckworth (D-IL) and U.S. Representative Sara Jacobs (D-CA-51) continued their push to ensure the final FY2025 National Defense Authorization Act (NDAA) preserves language contained in both the Senate-reported and House-passed versions of the NDAA that would require TRICARE coverage of fertility services, including in vitro fertilization (IVF), for our nation’s servicemembers. In a letter to Senate and House Armed Services Committee leadership, the lawmakers—who authored and successfully secured inclusion of the IVF coverage provisions in the Senate and House bills, respectively—called for servicemembers and military families to receive the same level of IVF coverage that’s accessible to Members of Congress and federal employees next year. Senator Duckworth is a combat Veteran who served in the Reserve Forces for 23 years and is a member of the U.S. Senate Armed Services Committee (SASC).

    “We strongly believe U.S. servicemembers and military families deserve fertility benefit coverage in 2025 that is at least comparable to what Members of Congress will receive,” the lawmakers wrote. “It would be hypocritical for Members of Congress to enjoy high quality fertility benefit coverage next year, right on the heels of denying such IVF coverage to brave Americans willing to defend our country in uniform, and the dedicated military families that sacrifice to support their loved ones’ service to our great country.”

    Two-thirds of servicemembers, who often spend their prime reproductive years in hazardous conditions and away from their partners, have reported experiencing family-building challenges after returning home. As a result, many TRICARE beneficiaries pay tens of thousands of dollars in out-of-pocket costs for fertility treatment. Expanding IVF coverage would strengthen recruitment, retention and readiness efforts—all while supporting those who have sacrificed greatly for the United States.

    “Failing to provide high-quality IVF coverage through TRICARE would perpetuate an unfair system that forces military families to confront an impossible and unjust choice between serving their country in uniform or starting a family without the risk of financial ruin,” the lawmakers concluded. “We are gravely concerned that this will inevitably deter recruitment and retention efforts and ultimately decrease our Nation’s military readiness. Providing U.S. servicemembers and military families with robust IVF coverage is the least we can do for those Americans who have sacrificed so much for us.”

    A full copy of the letter is available below and on Rep. Jacobs website:

    Dear Chairman Reed, Ranking Member Wicker, Chairman Rogers, and Ranking Member Smith:

    Because of hard work conducted under your respective leadership of the Senate Armed Services Committee (SASC) and House Armed Services Committee (HASC), Congress is poised to ensure the final legislative text of the National Defense Authorization Act for Fiscal Year 2025 (NDAA) preserves language contained in both the House-passed and Senate-reported versions of the NDAA that require TRICARE cover fertility services, including in vitro fertilization (IVF).

    Accordingly, we write to request that in negotiating the final conference report to accompany the NDAA, you ensure U.S. servicemembers and military families receive IVF coverage in 2025 that is on par with the IVF coverage Members of Congress and Federal employees will be provided access to in 2025 by taking one of these courses of action:

    • House recedes regarding Section 701 of H.R. 8070, and the final bill includes Section 705 of S. 4638;
    • Senate recedes regarding Section 705 of S. 4638 and the final bill includes Section 701 of H.R. 8070; or
    • The final bill merges and harmonizes Sections 701 and 705.

    Since HASC added the provisions (sec. 701) requiring TRICARE cover fertility services, including IVF, by voice vote without controversy; and then House Republicans chose to preserve these Democratic-authored provisions in the version of the NDAA that the House narrowly passed along party-lines; we are hopeful that achieving fertility benefit parity between Members of Congress, Federal employees and members of the U.S. Armed Forces can avoid controversy and be preserved in the final NDAA that President Joe Biden signs into law.

    In the coming months, Members of the U.S. House of Representatives and United States Senators will have the opportunity to select health insurance from 2025 marketplace plans that all include high quality, affordable fertility benefit coverage—including excellent IVF coverage that, absent action by Congress, will be far superior to the restrictive fertility benefit coverage offered to U.S. servicemembers and military families under current law. Under the Federal Employees Health Benefits program, Federal employees will also receive high quality fertility benefit coverage, including IVF, in 2025.

    Importantly, every Member of Congress will be able to enroll in a 2025 marketplace plan that covers IVF services provided in accordance with widely accepted and evidence-based medical standards of care and the American Society for Reproductive Medicine’s (ASRM) professional guidelines—which includes coverage of at least three complete oocyte retrievals with unlimited embryo transfers from those oocyte retrievals, and standard fertility preservation services.

    We strongly believe U.S. servicemembers and military families deserve fertility benefit coverage in 2025 that is at least comparable to what Members of Congress will receive.

    It would be hypocritical for Members of Congress to enjoy high quality fertility benefit coverage next year, right on the heels of denying such IVF coverage to brave Americans willing to defend our country in uniform, and the dedicated military families that sacrifice to support their loved ones’ service to our great country. That is why we strongly agree with the position taken by a broad coalition of Military Service Organizations (MSOs) and Veterans Service Organizations (VSOs) that these MSOs and VSOs expressed to you in their October 10, 2024, joint letter:

    ‘The health care benefit is an earned benefit and an essential part of military compensation. Coverage should not be contingent on a service member’s willingness or ability to accept an additional service commitment. For that reason, we caution Congress against adopting Section 627 of S. 4638, which would require a service member benefiting from expanded reproductive health coverage to accept an additional service commitment of four years. Again, military members deserve coverage that is on par with civilian plans, and civilian plans make no such demands of their beneficiaries [emphasis added].’

    We share the opposition of MSOs and VSOs to including Section 627 of S. 4638 in the final bill text because it falls woefully short of providing servicemembers and their families with comparable coverage to the coverage Members of Congress receive. Unfortunately, Section 627 goes beyond TRICARE fertility coverage requirements and injects controversial and divisive language relating to abortion services and embryonic personhood, which are contrary to the bipartisan tradition of the NDAA and distract from what should be our overriding priority: making sure that in 2025, U.S. servicemembers and military families receive high quality and affordable fertility services coverage that is on par with fertility benefits that Members of Congress and Federal employees will receive in the coming year.

    Servicemembers are disproportionately impacted by infertility and face unique challenges in trying to start and build their families. Two-thirds of servicemembers, who often spend their prime reproductive years in hazardous conditions and away from their partners, have reported family-building challenges due to military service. Most TRICARE beneficiaries must pay out of pocket for fertility treatment, costing tens of thousands of dollars, all while navigating challenging duty station moves and a complex healthcare system bureaucracy.

    Failing to provide high-quality IVF coverage through TRICARE would perpetuate an unfair system that forces military families to confront an impossible and unjust choice between serving their country in uniform or starting a family without the risk of financial ruin. We are gravely concerned that this will inevitably deter recruitment and retention efforts and ultimately decrease our Nation’s military readiness. Providing U.S. servicemembers and military families with robust IVF coverage is the least we can do for those Americans who have sacrificed so much for us.

    We thank you in advance for your consideration of our request to make sure that we complete the mission of ensuring members of the U.S. Armed Forces achieve parity with Members of Congress and the civil service by finalizing a conference report and passing a NDAA that, for the first time in history, requires TRICARE cover fertility services, including IVF, without harmful and onerous restrictions that violate widely accepted and evidence-based medical standards of care and fail to comport with ASRM professional guidance.

    Sincerely,

    -30-

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI China: Forum on China-UK dialogue, collaboration in screen industry held in London

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

    LONDON, Oct. 25 — A forum centered on dialogue and collaboration between the Chinese and British screen industries was held in London on Friday, drawing over 200 professionals and industry insiders from both countries.

    The Shanghai-London Screen Industry Forum (SLSIF) 2024 highlighted outstanding Chinese and British film and television projects, featuring speeches, panel discussions, trailer screenings, and the launch of new collaborative projects between China and the United Kingdom (UK).

    Adrian Wootton, Chief Executive of Film London, said that the forum would create valuable opportunities for the Chinese and British screen industries to deepen their understanding of each other’s strengths and explore potential collaborations.

    “New business relationships are crucial for building connections, developing ideas, enhancing mutual understanding, and potentially laying the groundwork for real co-production opportunities between the UK and China, London and Shanghai,” Wootton said.

    During the panel discussions, participants shared insights on the opportunities and challenges in China-UK screen industry cooperation, as well as the global dissemination of Chinese content.

    “In today’s globalized world, cultural exchanges and cooperation are essential for world peace and development,” said Luo Yi, Deputy Director-General at the Shanghai Municipal Administration of Culture and Tourism. He emphasized that high-quality audiovisual productions act as “the bridge and bond linking different peoples.”

    The event included the showcase of 35 Chinese productions spanning genres such as animation, documentaries, period dramas, and contemporary urban series. The forum also celebrated the release of “Asia”, a seven-episode natural history documentary series produced by BBC Studios.

    “With the creative industries at the heart of the industrial strategy, and with forums like this, I think we can expect great things between China’s collaboration in the future,” said Rupert Daniels, Director of Creative, Consumer, Sports, and Education at the UK Department for Business and Trade. He added that such partnerships not only enhance commercial prospects but also strengthen cultural capacity and connections.

    Launched in 2023, SLSIF aims to enhance understanding and foster dialogue between the Chinese and British screen industries, promoting the successful realization of co-production projects.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI USA: Capito Announces Funding to Support Yeager Airport Upgrades

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    CHARLESTON, W.Va. — Today, U.S. Senator Shelley Moore Capito (R-W.Va.), a leader on both the Senate Appropriations and Commerce Committees, as well as Ranking Member of the Senate Environment and Public Works (EPW) Committee, announced a funding award from the U.S. Department of Transportation (DOT) for West Virginia International Yeager Airport to support the new terminal project.

    This grant award, which was made possible through provisions included in the bipartisan Infrastructure Investment and Jobs Act (IIJA) that Senator Capito helped negotiate and craft, will provide funding for the reconstruction and rehabilitation of the passenger terminal, including constructing a new concourse, at Yeager Airport.

    “CRW’s terminal is from the 1940s and is long overdue for a major upgrade. As I was helping negotiate the Infrastructure Investment and Jobs Act, I made certain to highlight and support the needs of smaller and rural airports in West Virginia and across the country,” Senator Capito said. “We are now seeing the results with funding like this headed to West Virginia to support significant passenger growth at Yeager Airport. West Virginia continues to see the benefits of the Infrastructure Investment and Jobs Act, and this grant announcement is yet another example.”

    “Thanks to this significant investment, we are on the path to fully transforming the passenger experience at CRW,” Dominique Ranieri, Airport Director and CEO of West Virginia International Yeager Airport, said. “This project will not only upgrade our facilities to meet modern standards but also ensures CRW remains a key, competitive asset for the region. We are immensely grateful for Senator Capito’s ongoing support in securing the funding needed to position the Airport for future growth.”

    Individual award details listed below:

    • $8,000,000 IIJA Airport Terminal Program grant to West Virginia International Yeager Airport (Charleston, W.Va.) to enhance passenger amenities, expand the security checkpoint, and meet requirements of the Americans with Disabilities Act.

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI USA News: G7 Leaders’ Statement on Extraordinary Revenue Acceleration (ERA)  Loans

    Source: The White House

    Today, we, the Leaders of the Group of Seven (G7), have reached a consensus on how to deliver approximately $50 billion in Extraordinary Revenue Acceleration (ERA) loans to Ukraine.

    These loans will be serviced and repaid by future flows of extraordinary revenues stemming from the immobilization of Russian Sovereign Assets, in line with G7 respective legal systems and international law. The loan proceeds will be disbursed through multiple channels to support Ukraine’s budgetary, military and reconstruction assistance, as consistent with all applicable law and G7 members’ respective legal systems. Our aim is to begin disbursing the funds by the end of the year.

    We express our utmost appreciation for the timely implementation of this historic G7 Leaders’ decision by the Finance Ministers, who have agreed on a technical solution ensuring consistency, coordination, fair distribution of lending, and solidarity among all G7 partners. We are particularly grateful to the European Union and its Member States for their constructive engagement towards this remarkable result.

    Today’s announcement confirms that the G7 fulfills the commitment they made in June at the Apulia G7 Leaders’ Summit. Russian illegal and unprovoked aggression has caused untold harm to the people of Ukraine and to global peace and security. We will not tire in our resolve to give Ukraine the support it needs to prevail. Russia must end its illegal war of aggression and pay for the damage it has caused to Ukraine in line with international law.

    The G7 remains steadfast in its solidarity to support Ukraine’s fight for freedom, and its recovery and reconstruction. With the large amount of financing from the ERA loans to meet its pressing need, we have once again made clear our unwavering commitment to stand by Ukraine for as long as it takes. Time is not on President Putin’s side.

    ###

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI Economics: ADB Signs New Exposure Exchange Agreements with African Development Bank and Inter-American Development Bank

    Source: Asia Development Bank

    MANILA, PHILIPPINES (26 October 2024) — The Asian Development Bank (ADB) today signed two new sovereign exposure exchange agreements (EEAs), strengthening ADB’s ability to lend to borrowing members.

    ADB signed a $1 billion agreement with the African Development Bank (AfDB) and a $1.5 billion agreement with the Inter-American Development Bank (IDB). These two new exchanges bring to five the number of EEAs signed by ADB with these multilateral development banks (MDBs) since 2020, for a total of $6 billion.

    “Regularly exchanging exposures with other MDBs is a key feature of our balance sheet optimization efforts, allowing us to reduce concentration risk and extend greater assistance to our developing member countries,” ADB Vice-President for Finance and Risk Management Roberta Casali said. “The increasing use of this risk transfer method is a great example of the enhanced cooperation across MDBs and our willingness to work together as a system.”  

    A sovereign exposure exchange is a risk management tool to reduce portfolio concentration risks. It provides capital relief for sovereign-focused MDBs by exchanging concentrated loan exposures with exposure to countries where their credit exposure is less or nonexistent. By lowering exposure concentration, ADB reduces its capital usage, thereby increasing its lending capacity. It also lowers the net exposure to borrowers included in the exchanges, providing additional borrowing headroom under ADB’s limits framework.

    For more information about EEAs, refer to the Q&A article.

    ADB continuously explores ways to effectively manage its capital to help the region address simultaneous crises. In 2023, it unlocked $100 billion in additional lending capacity over the next decade by updating its Capital Adequacy Framework.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Economics: Q&A: Sovereign Exposure Exchanges Allow MDBs to Reduce Portfolio Concentration Risks

    Source: Asia Development Bank

    Article | 26 October 2024
    Read time: 2 mins

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    What is an exchange of sovereign exposures?

    A sovereign exposure exchange is a cost-effective risk management tool used by multilateral development banks (MDBs) to reduce sovereign portfolio concentration risks. It provides capital relief for MDBs by exchanging loan guarantees on credit exposure from borrowing countries where an MDB is highly concentrated for exposure to countries where the MBD’s exposure is lower or nonexistent.

    Why does ADB need to enter into these agreements?

    ADB’s sovereign portfolio is highly concentrated, with its top five sovereign exposures representing over half of its portfolio. This high level of concentration increases the level of capital usage. By lowering exposure concentration, ADB lowers its capital usage, increasing its lending capacity in general.  The exchange also lowers the net credit exposure to individual borrowers, thereby increasing the limit headroom for the borrowers included in the exchange.

    What are the benefits of exposure exchanges?

    The benefits of exposure exchanges include: 

    • Reduced concentration risk, which will allow MDBs to lend more through improved capital utilization ratio.  This increased lending capacity benefits all borrowers; and,
    • Reduced net exposure to borrowers included in the exposure exchange transactions, providing additional borrowing headroom under ADB’s limits framework.

    Are actual loans being exchanged?

    No. The exchange is “synthetic” in nature as it does not entail the actual transfer or removal of specific loans from either MDB’s balance sheet and only involves the guarantee for a portion of the overall exposure. The exposure exchange transaction does not change the relationship between the original lender and the borrower.

    Has ADB considered pursuing EEAs with new partners?

    ADB is a member of the MDB Exposure Exchange Master Agreement, along with African Development Bank (AfDB), Inter-American Development Bank (IDB) and the International Bank for Reconstruction and Development (IBRD). Of these institutions, IBRD is the only one with which ADB does not have an exchange in place, although discussions remain ongoing. The EEA mechanism is only one among many tools that ADB has at its disposal in terms of risk transfer arrangements with others including guarantees with bilateral or multilateral partners.

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    Subjects
    • ADB administration and governance
    • ADB funds and products

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Asia-Pac: LCSD’s “Cheers!” Series to present family entertainment programmes from December to March next year (with photos)

    Source: Hong Kong Government special administrative region

    LCSD’s “Cheers!” Series to present family entertainment programmes from December to March next year (with photos)
    LCSD’s “Cheers!” Series to present family entertainment programmes from December to March next year (with photos)
    ******************************************************************************************

      The “Cheers!” Series, presented by the Leisure and Cultural Services Department, will be held from December to March next year. Eight local and visiting performing groups are invited to give audiences fabulous family entertainment programmes, covering dance, music, puppetry and music theatre performances, which are ideal for friends and families to celebrate fun-filled winter festivities together.    ”Släpstick” from the Netherlands will make its Hong Kong debut with “Schërzo”, a performance blending music and comedy elements. With virtuosic musicianship and hilarious physical language, the five musicians of the troupe will deliver an absurd and entertaining musical feast for all ages. Australia’s Windmill Theatre Company will present the puppetry show “Grug and the Rainbow”. Grug is a character from the much-loved picture books by the Australian writer Ted Prior. The grassy little friend will return to Hong Kong to meet his fans and toddlers and embark on a heart-warming adventure full of surprises.  The performances prepared by local performing groups are also exciting. Local a cappella group Boonfaysau will kick off the series with a new a cappella musical, “Peter and the Wolf”, featuring a rearranged version of Prokofiev’s classic symphonic tale for children by local composer Austin Leung, as well as original Cantonese songs with lyrics written by renowned lyricist and film director Norris Wong, to delight the audience. In the Musical Fairy Tales: “Goldipegs & The Three Cellos”, Premiere Performances of Hong Kong will bring together local music ensembles and musicians to present three musical fairy tales, from Ferdinand the Bull who enjoys flowers, to the Frog Prince awaiting his royal kiss, and Goldipegs who enters the home of a family of cellos and discovers amazing music.   ”The Snowman & The Bear” concert will return this winter, with the City Chamber Orchestra of Hong Kong performing live on stage alongside the screening of the two Christmas animated films accompanied by storytelling and singing, bringing audiences into a dreamlike winter world. In the “A Christmas Wish for Peace On Earth” concert, the Hong Kong Oratorio Society will collaborate with Hong Kong Strings and a number of musicians to present a variety of classical Christmas pieces, classic Christmas carols, and a new Christmas suite by local composer Alfred Wong.   Local puppet theatre troupe Make Friends With Puppet will stage a children’s puppet musical “Winter in Sweetyland 2024 – Snowy Dreams”, which uses cute puppets and original music to tell a touching story of Cotton Candy, who decides to find winter for saving Sweetyland, sending audiences into a sweet and cosy world of candy. Featuring dancers from the professional tap dance company R&T (Rhythm & Tempo) and child performers, “Papa is My New Classmate” is a tap theatre show that combines tap dance and local folk songs to bring back memories and feelings for grown-ups while introducing children to the music of an earlier era.  For programme dates, venues and ticket prices of the “Cheers!” Series, please see the Annex. Tickets will be available from October 28 (Monday) onwards at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. Various discount schemes, such as package discount and family package discount, will be offered. For programme enquiries and discount schemes, please call 2268 7323 or visit www.lcsd.gov.hk/CE/CulturalService/Programme/en/f_entertainment/groups_1809.html.

     
    Ends/Saturday, October 26, 2024Issued at HKT 11:00

    NNNN

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI China: China, EU reiterate willingness to solve EV dispute via dialogue

    Source: China State Council Information Office

    China and the European Union(EU) have reiterated willingness to solve the dispute over EU’s anti-subsidy investigation into Chinese electric vehicles through dialogue.

    The two sides have decided to continue to make price commitment as the solution to the case, according to a statement released by China’s Ministry of Commerce after a talk held via video link on Friday between China’s Commerce Minister Wang Wentao and European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis.

    There are strong calls and high expectations from various sectors in China and Europe for the proper handling of the case, said Wang.

    Since Sept. 20, intensive negotiations have been conducted between the two sides regarding the price commitment, with some positive progress made in certain aspects, but significant differences still exist on issues of core concern to the business communities in China and Europe, he said.

    Wang noted that China will unswervingly safeguard the legitimate rights and interests of its enterprises. He also expressed the hope that both sides will continue to advance negotiations based on the previous stage of consultations, and achieve substantive breakthroughs as soon as possible.

    In the next stage of price commitment negotiations, consultations should be conducted based on mutual consideration of core concerns, and in accordance with the principles of pragmatism and balance, said Wang, adding that both the effectiveness of the agreement and the core interests of enterprises should be taken into account.

    A bilateral communication mechanism should be established for the implementation and supervision of price commitment on the basis of mutual trust, he explained.

    The European side has put forward specific suggestions regarding the price commitment plan and proposed that technical teams from both sides engage in video consultations on this matter. The Chinese side agrees to immediately start the next stage of negotiations and welcomes the European technical team to come to China as soon as feasible.

    The two sides also exchanged views on the trade remedy investigations initiated by China against certain EU goods, such as brandy, pork and dairy products.

    The Chinese side emphasized that these investigations were initiated at the request of domestic industries, in full compliance with the rules of the World Trade Organization, as well as Chinese laws and regulations.

    China will continue to conduct the investigations in accordance with the law and regulations, and fully safeguard the legitimate rights and interests of all parties involved, according to the ministry. 

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI Asia-Pac: Japanese doughnut chain Mister Donut debuts in Hong Kong (with photos)

    Source: Hong Kong Government special administrative region

         â€‹Invest Hong Kong announced that Japanese doughnut chain Mister Donut officially opened its first store in Hong Kong today (October 26), bringing the popular donut brand to the city as part of its overseas expansion plan in the region.
          
         Associate Director-General of Investment Promotion Dr Jimmy Chiang said, “We are happy to see that a famous Japanese food brand has established its foothold in Hong Kong. The city, as a well-known food paradise, is an ideal place for companies to promote their brands to the world. We wish the brand every success in Hong Kong and beyond.”
          
         The opening of Mister Donut in Hong Kong is a partnership between Duskin Co Ltd from Japan and a local franchisee, Dragon Circle Enterprise Limited. The Chief Executive Officer of Dragon Circle Enterprise Limited, Ms Fanny Su, said that the company sees a huge opportunity for Mister Donut in Hong Kong. That is why it is bringing the brand here to meet local needs.
          
         She said, “Our market research shows that there is a huge potential customer base in Hong Kong. They are so looking forward to the Mister Donut brand coming to Hong Kong. That is why we are bringing the brand to the city. We will open the second shop by the end of this year, and nine in total by 2027.”
          
         The new store is located in an art shopping mall in Tsim Sha Tsui, offering a wide range of popular donuts made with the same quality ingredients as in Japan, according to Ms Su. Its signature donut is the Pon de Ring which is loved both in Japan and abroad for its soft, airy and chewy texture.
          
         Mister Donut is one of Duskin’s food businesses. As part of Duskin’s expansion plan, the company has set out to assess and proceed with entering additional Asian markets while developing its businesses in existing locations.
          
         For more information about Mister Donut, please visit http://www.misterdonut.jp.
              
         To get a copy of the photos, please visit http://www.flickr.com/photos/investhk/albums/72177720321428942.      

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI China: Chinese rocket startup plans to launch commercial spaceflights in 2027

    Source: China State Council Information Office

    Chinese rocket startup Deep Blue Aerospace recently announced that it plans to carry out commercial suborbital flights in 2027, projecting a ticket price of about 1.5 million yuan (210,674 U.S. dollars).

    The suborbital flights will last approximately 12 minutes, during which time the spacecraft will fly to an altitude of 100 kilometers, but will not enter orbit, according to Deep Blue.

    The manned spacecraft has six panoramic windows, can accommodate up to six passengers, and is designed to be used over 50 times, the company said.

    The spacecraft is approximately 4 meters tall, with a maximum diameter of 3.5 meters and a takeoff weight of 7.9 tonnes. It is expected to ascend to altitudes between 100 kilometers and 150 kilometers, providing a zero-gravity experience that will last up to five minutes, according to Deep Blue.

    The company pre-sold two tickets for its 2027 suborbital flights during an e-commerce livestream activity on Thursday, with each ticket charged at a discounted price of 1 million yuan.

    The successful purchasers have paid a deposit of 50,000 yuan per ticket, but Deep Blue requires interested customers to sign contracts offline and visit the company before making their final payment.

    The startup plans to subject its Nebula-1 rocket to multiple recovery and reuse tests in 2025, and complete dozens of tests on its manned spacecraft and rocket combination in 2026.

    The oxygen and kerosene-fueled Nebula-1 is Deep Blue’s first reusable launch vehicle. It completed 10 of its 11 key verification tasks during its first high-altitude vertical recovery flight test last month, but experienced an anomaly in the final landing phase, leading to a fracture in the body of the rocket.

    Despite these imperfect results, Zhao Ya, executive president of Deep Blue, says that the test has provided valuable data and experience to help the company identify problems and deficiencies, and to improve the performance and reliability of the rocket.

    Deep Blue has said that its decision to sell tickets three years in advance stems from a deep awareness of the complexities and risks involved in rocket technology. The company is dedicated to rigorous research and development, extensive testing and performance optimization to ensure its rocket meets the highest safety standards.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI: Cielo Provides Virtual AGM Reminder and Announces Extension of Proxy Voting Deadline

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 26, 2024 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”), a company fueling renewable change, wishes to remind its shareholders that its forthcoming Annual General Meeting of shareholders (the “AGM”) will be held on Tuesday, October 29, 2024, at 10 a.m. MT. As the AGM will be held virtually, shareholders will not be able to attend in person.

    To attend the AGM, shareholders will have to access the following link online: https://teams.microsoft.com/CieloAGM2024 (meeting ID 218 185 286 033, passcode 5A4kx6). Shareholders will have an equal opportunity to participate at the AGM by video conference regardless of their geographic location. Additional details related to the AGM, including the method of attending the AGM virtually, are described in the Company’s meeting materials, which are available on SEDAR+ (http://www.sedarplus.ca) and the Company’s website (http://www.cielows.com/investors).

    Proxy Deadline

    In addition, the Company has elected to extend the deadline for submission of proxies related to the AGM to Monday, October 28, 2024, at 2 p.m. MT, to allow shareholders additional time for voting. Management encourages voting in advance of the AGM by proxy to allow for a more efficient AGM. Those who vote in advance of the AGM by proxy will still have an opportunity to participate in the AGM, including during the planned question and answer period.

    ABOUT CIELO

    Cielo is fueling renewable change with a mission to be a leader in the wood by-product-to-fuels industry by using environmentally friendly, economically sustainable and market-ready technologies. We are proud to advance our non-food derived model based on our exclusive licence in Canada for patented Enhanced Biomass to Liquids (EBTL™) and Biomass Gas to Liquids (BGTL™) technologies and related intellectual property, along with an exclusive licence in the US for creosote and treated wood waste, including abundant railway tie feedstock. We have assembled a diverse portfolio of projects across geographic regions and secured the ability to leverage the expertise of proven industry leaders. Cielo is committed to helping society ‘change the fuel, not the vehicle’, which we believe will contribute to generating positive returns for shareholders. Cielo shares are listed on the TSX Venture Exchange under the symbol “CMC,” as well as on the OTC Pink Market under the symbol “CWSFF.”

    For further information please contact:

    Cielo Investor Relations

    Ryan Jackson, CEO
    Phone: (403) 348-2972
    Email: investors@cielows.com

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements are subject to both known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions. Cielo is making forward-looking statements, with respect to, but not limited to: the AGM, including timing and the proxy deadline.

    Investors should continue to review and consider information disseminated through news releases and filed by the Company on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

    Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

    The MIL Network –

    January 24, 2025
  • MIL-OSI Asia-Pac: Remarks by S for Health at media session

    Source: Hong Kong Government special administrative region

         Following is the remarks made by the Secretary for Health, Professor Lo Chung-mau, at a media session after attending a radio interview this morning (October 26):

    Reporter: Regarding the “1+” mechanism, how do you see the figures that five new drugs getting approved since the implementation last November? And it will also be expanded to cover all new drugs starting this November, how significant the move is to patients in Hong Kong, as well as the pharmaceutical companies? What are the responses from the pharmaceutical companies so far? Could you also share with us the timeline of the comprehensive review on (inaudiable)? When does the Bureau aim to complete the review?

    Secretary for Health: The “1+” mechanism for drug registration and approval started in November last year. Over the last one year, we are very happy and encouraged to see that the pharmaceutical (companies) are very interested. We have received enquiries from over 80 companies for over 260 drug entities. We are quite encouraged to see that five drugs have already been approved under this new mechanism, particularly with a CAR-T therapy for cancer patients, which has been incorporated into the Hospital Authority Drug Formulary. We can see that the industry is very interested. But of course, it is a process. It takes time for the Drug Office under the Department of Health to streamline all the processes, guidelines and procedures.

         In addition, it also takes time for the pharmaceutical industry to get used to this new mechanism. Remember that in the past, we have the “secondary evaluation”, meaning that many pharmaceutical companies in Hong Kong are not used to provide objective clinical trial data, as well as applications for approval and registration, so all these pharmaceutical companies will also need to learn and prepare a new office for R&D (research and development) and registration and approval in Hong Kong. I am sure that with our new policy initiative to extend this “1+” mechanism to cover for all new chemical entities in November this year, there will be more and more interest in it. Now, any new chemical entity will be able to be registered in Hong Kong through this new “1+” mechanism. I want to highlight the fact that this also includes vaccines as well as advanced therapy products. Advanced therapy products mean not just drugs in the usual sense, but self-therapy or gene therapy which involve the processing of patients’ own blood for treatment of very advanced cancers or diseases. This is very important. We anticipate that with more and more drug companies aware of this, we are able to allow patients in Hong Kong, and even in the Greater Bay Area (GBA), to enjoy more advanced therapy products or new drugs of the most advanced one, and thus elevating and improving the healthcare standard in the whole area.

         And secondly, with more choices of drugs, the cost of these new treatments, drugs or new advanced therapy products will be lowered. Thirdly, it will promote the development of R&D, research and development, in the area . This will be very important for the development of the R&D in the whole GBA. Remember we have the special drug and medical devices’ connect measure in the GBA, which allows drugs and medical devices which have not yet been registered in the Mainland but already registered and used in Hong Kong to be used in specific healthcare institutions in the GBA. This is very attractive for pharmaceutical companies because once the drugs or medical devices are approved and registered in Hong Kong and used in the public hospitals, these drugs and devices will be able to have a “green channel” for use in the 68 million-population in the GBA. 

         About the review, we have received the report from the review committee of the Hospital Authority on October 8. Our team is reviewing it. We will ensure that the Hospital Authority will be able to follow, enforce and implement all those measures. We are looking into the details of how to implement and monitor the progress, and we will announce the results as soon as possible. Thank you. 

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Economics: AI-powered drone swarms transform industries beyond defense, reveals GlobalData’s Technology Foresights

    Source: GlobalData

    AI-powered drone swarms transform industries beyond defense, reveals GlobalData’s Technology Foresights

    Posted in Disruptor

    While drone swarms have been an area of technological development for many years, their practical applications have only recently gained significant momentum, particularly following increased attention during the Russia-Ukraine war, as reflected in Google search trends. The rapid advancement in AI technologies has further accelerated drone swarm control capabilities, enabling the integration of computer vision algorithms and geospatial data to recognize patterns and automate previously impossible operations. This evolution has led to drone swarms finding diverse applications across multiple industries, earning recognition as a high-impact innovation, according to Technology Foresights, an innovation intelligence platform by GlobalData, a leading data and analytics company.

    The latest advancement in drone swarm technology significantly enhances operational efficiency by eliminating the traditional requirement of one operator per drone. This breakthrough achieves advanced autonomy through onboard intelligent agents, developed using human-in-loop and trustworthy AI systems. These agents can independently assess their surroundings, exchange target data with other drones, and make mission-priority decisions without requiring constant communication with the control station. This innovation addresses a critical weakness in swarm-based warfare systems, where electronic warfare tactics frequently overwhelm communication systems and disrupt the data connection between drones and their control stations.

    Sourabh Nyalkalkar, Practice Head of Innovation Products at GlobalData, comments: “In an era marked by escalating geopolitical tensions, drone warfare has emerged as a pivotal element in modern military operations, with armed forces globally embracing unmanned aerial vehicles for a diverse range of tactical and reconnaissance missions. In a significant development, defense industry major Thales recently showcased a full-scale demonstration of drone swarm deployment, featuring multiple autonomy levels that significantly reduce operator cognitive burden. The company’s expertise in this domain has not gone unnoticed, as Thales has been recognized as one of the leaders in drone swarm control innovation, according to Technology Foresights.”

    In response to the current geopolitical climate and growing military demand for advanced drone capabilities, drone swarm control technology is expected to experience significant growth. Patent analysis reveals that over 50% of technology patents in this field have been granted within the past three years, with major corporations holding the majority share.

    Though smaller in proportion, startup-owned patents are rapidly increasing, accompanied by growing investment activity in the sector. Recent developments highlight this trend, as demonstrated by Ukrainian startup Swarmer securing $2.7mn in funding for the development and commercialization of its AI-based swarm control technology, Styx, while another US-based startup, EchelonAI, entered into M&A with Skyfire.

    Nyalkalkar continues: “The innovation landscape in drone swarm control technologies extends well beyond the defense sector, with significant developments emerging from the communications and networking industry. Telecommunication companies are rapidly adopting drone swarms for various applications, including network optimization, infrastructure monitoring, and emergency coverage deployment in critical areas.”

    The technology’s development ecosystem is diverse and competitive, with over 100 companies actively innovating in this space. While defense industry leaders like Thales, RTX, Northrop Grumman, and BAE Systems continue to advance military applications, specialized drone manufacturers such as SZ DJI, Skydio, and Tevel are making significant contributions.

    Additionally, major telecommunications players including Qualcomm, Ericsson, Verizon, and AT&T are developing their own drone swarm solutions, while geospatial solution providers like Here and Geofrenzy are expanding the technology’s capabilities.

    Nyalkalkar concludes: “The rapid advancement of AI technology has catalyzed unprecedented growth in drone swarm applications across diverse sectors. Retail and logistics giants such as Amazon, Walmart, and UPS are developing autonomous master-slave drone networks for last-mile delivery, while agritech companies such as Nileworks are creating innovative solutions for crop monitoring.

    “As drone swarm control technologies continue to evolve beyond traditional entertainment and light shows, this dynamic field promises exciting developments and transformative applications across multiple industries in the coming years.”

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Economics: AI integration in medtech could unlock efficiency and enhance patient care, says GlobalData

    Source: GlobalData

    AI integration in medtech could unlock efficiency and enhance patient care, says GlobalData

    Posted in Medical Devices

    At the 2024 MedTech Conference in Toronto, Canada, a central theme emerged in discussions on the future of healthcare delivery: the integration of artificial intelligence (AI) to optimize operations and improve patient outcomes. The integration of AI is poised to transform how healthcare professionals work, potentially alleviating physician burnout and creating a more patient-centric experience, according to GlobalData, a leading data and analytics company.

    Joselia Carlos, Senior Medical Device Analyst at GlobalData, comments: “Approximately 30% of the world’s data is created within hospitals, but an alarming 90% of this data goes unused, which is resulting in healthcare providers missing the opportunity to harness insights that could lead to more efficient operations and improved patient care. Hospitals are data-rich environments, and leveraging AI algorithms to process and analyze this information can pave the way for enhanced patient care and operational efficiencies.”

    At the MedTech Conference, Vaughn Schouten, global head of medtech advisory and innovation at Salesforce, mentioned that inefficiencies cost medtech companies an estimated 4% of their revenue annually. These inefficiencies are linked not just to lost productivity but also to physician burnout—a growing crisis in the healthcare sector. Burdened with administrative tasks and paperwork, physicians find themselves spending less time with patients, impacting the critical patient-doctor relationship at the heart of effective care.

    Carlos continues: “AI solutions have the potential to automate repetitive administrative tasks and optimize workflows, thereby reducing the strain on physicians. This, in turn, would enable them to focus on what they do best—developing the patient-doctor bond and providing quality healthcare service.”

    According to GlobalData’s Thematic Intelligence report on AI in Healthcare, the healthcare sector is poised to be a major driver of the AI market’s explosive growth by 2030. Valued at $103 billion in 2023, the AI market is projected to expand at a compound annual growth rate of 39%, surpassing $1 trillion by 2030. From automating data entry and real-time documentation to leveraging predictive analytics for resource allocation, AI has the potential to significantly enhance operational efficiency, freeing up physicians to focus on direct patient care. By alleviating administrative burdens, AI can lead to higher job satisfaction among healthcare professionals and improved patient outcomes.

    Carlos concludes: “The integration of AI in healthcare delivery is not just about automation but it is also about creating a more human-centered approach to medicine. When physicians are liberated from routine tasks, they can spend more meaningful time with patients, which ultimately results in better diagnoses, treatment plans, and patient satisfaction.”

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Economics: IKEA, Argos and John Lewis set to benefit from furniture’s recovery in Q4 2024, says GlobalData

    Source: GlobalData

    IKEA, Argos and John Lewis set to benefit from furniture’s recovery in Q4 2024, says GlobalData

    Posted in Retail

    The UK furniture and floorcoverings market is set to return to growth in Q4 2024 after six quarters of decline as the October Budget should remove a dampener on consumer confidence, and the 10.9% uplift in housing transactions between April and August 2024 and real wage growth filter through. This presents an opportunity for retailers with shorter lead times, such as IKEA, Argos, and John Lewis, and those who have invested in domestic manufacturing, according to GlobalData, a leading data and analytics company.

    Matt Walton, Senior Retail Analyst at GlobalData, comments: “Furniture and floorcoverings has had a challenging 2024 as shoppers have prioritized essentials and consumer confidence has been brittle. Future consumer sentiment has taken a sharp downturn recently, after a recovery in H1 2024, mainly due to concerns about how the Budget will affect shoppers’ finances. However, should its impact be marginal, the recovery in consumer confidence will boost spend on big-ticket categories.”

    An increase in housing transactions since April 2024 and a full year of real wage growth will also help release pent-up demand. There are signs of this release starting, with DFS reporting year-on-year order growth since July and figures from GlobalData’s Consumer Sentiment Tracker showing that a greater proportion of shoppers will spend more on furniture and floorcoverings over the next six months on a year-on-year basis, with a particular uplift since July 2024. However, weak consumer confidence is currently inhibiting spend.

    Walton continues: “Once the Budget has been announced and consumers can gauge their financial position, the current pent-up demand will start to be released. IKEA, Argos and John Lewis are among the retailers who will benefit from this. The Budget will occur after the deadline for Christmas delivery has passed for many furniture specialists, so retailers with shorter lead times will benefit initially from the recovery. Retailers who have invested in domestic manufacturing, such as DFS, Bensons for Beds and Dreams, will also benefit as they can circumnavigate the current Red Sea disruption.

    Walton concludes: “Retailers with shorter lead times, like John Lewis, will be among the main beneficiaries from the improving conditions in Q4, and it will also benefit from Marks & Spencer exiting furniture, the return of Never Knowingly Undersold and the launch of new upholstery ranges.”

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Economics: UK non-food online penetration set to improve for first time since COVID-19 pandemic, says GlobalData

    Source: GlobalData

    UK non-food online penetration set to improve for first time since COVID-19 pandemic, says GlobalData

    Posted in Retail

    The UK non-food online market is set to grow by 2.9% to reach £106m in 2024, with online penetration forecast to climb to 39%, marking an improvement for the first time since the COVID-19 pandemic, according to GlobalData, a leading data and analytics company. GlobalData anticipates the non-food online market growth will outpace the total retail market, which is expected to increase by 2.1% in 2024.

    Tash Van Boxel, Retail Analyst at GlobalData, comments: “Retailers must diversify online capabilities to take advantage of increased online demand. Enhancing online services will be essential, such as implementing AI powered tools to strengthen apps and websites and improving fulfilment services. Not doing so will expose retailers to fluctuations in footfall, impacting offline demand. A strong online proposition can help retailers convert online browsers to purchase through services such as Click & Collect.”

    As online growth is set to continue, retailers must ensure that delivery services provide good value for money and high efficiency. 85% of frequent online shoppers* would switch away from their favourite online retailer if they could find faster delivery for the same item elsewhere, according to GlobalData’s September 2024 Consumer Views survey**. A further 60% of frequent online shoppers stated that the delivery experience impacts whether they shop at the retailer again.

    Van Boxel continues: “Online shoppers value the delivery experience and will switch away to competitors if the experience goes sour. Prioritising cost-effective delivery methods is crucial for retailers to retain customers, ensuring shoppers have options, such as next-day delivery and nominated-day delivery at reasonable prices. Retailers must also be cautious about which couriers they partner with, as shoppers will look elsewhere if the only available courier has proved to be unreliable in the past.”

    Social media will play a vital role in the growth of the non-food online market, as consumers increasingly shop directly through social media platforms. 49.0% of UK consumers use Instagram, and 30.9% use TikTok, according to GlobalData’s October 2024 survey. Usage is highest among Gen Z consumers, with 88% using Instagram and 74% using TikTok.

    Van Boxel concludes: “Social media is growing as a retail channel, but given the variation in usage among the generations, retailers need to cater their content on each platform to reach their target audience. As younger consumers utilise Instagram and TikTok more than their older counterparts, retailers must tailor content to this demographic. For example, collaborations with content creators are more likely to resonate with younger consumers who are more trusting of social media reviews than sponsored posts announcing new product launches, which may capture all age groups. Personalising marketing campaigns and content will be key to growing retailers’ customer bases and bolstering online traffic.”

    *A frequent shopper is defined as a consumer who shops online every few days or once a week

    **GlobalData’s October 2024 and September 2024 monthly surveys were conducted with 2,000 respondents

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI United Kingdom: Chancellor to unlock housing in first Budget

    Source: United Kingdom – Executive Government & Departments 3

    The Budget will deliver more affordable housing, ensure social housing is available for those who need it and turbocharge the delivery of 1.5 million homes.

    A housing package announced today will deliver up to 5,000 new affordable social homes with £500 million in new funding for the Affordable Homes Programme. This brings total investment in housing supply to over £5 billion and supports the delivery of 33,000 new homes through £128 million for housing projects across the country.   

    Meanwhile, the stock of social housing will be increased through a new 5-year social housing rent settlement that will give the sector more long-term certainty on funding and allow them to invest in tens of thousands of new homes. The existing stock will also be protected by reducing Right to Buy discounts so that thousands more council homes remain in the sector.

    Chancellor of the Exchequer, Rachel Reeves said:

    We need to fix the housing crisis in this country. It’s created a generation locked out of the property market, torn apart communities and put the brakes on economic growth.

    We are rebuilding Britain by ramping up housebuilding and delivering the 1.5 million new homes we so badly need.

    Deputy Prime Minister, Angela Rayner said:

    We have inherited a housing system which is broken, with not enough homes being built and even fewer that families can afford.

    This is a further significant step in our plan to get Britain building again, backing the sector, so they can help us deliver a social and affordable housing boom, supporting millions of people up and down the country into a safe, affordable and decent home they can be proud of.

    The £500 million to deliver thousands of new social and affordable homes is a top-up to the existing Affordable Homes Programme and comes ahead of the Government’s Housing Strategy due in the Spring.

    The Government will set out details of new investment to succeed the 2021-26 Affordable Homes Programme at the Spending Review. This will lay the foundations for the manifesto commitment to deliver the biggest increase in social and affordable housebuilding in a generation, and to support councils and housing associations to build their capacity and make a greater contribution to affordable housing supply.

    It will deliver a mix of homes for sub-market rent and home-ownership, with a particular focus on delivering homes for Social Rent.

    The Government will also consult on a new 5-year social housing rent settlement, which caps the rents social housing providers can charge their tenants, to provide the sector with the certainty it needs to invest in new social housing. The intention would be for this to increase with Consumer Price Index inflation figures and an additional 1%. The consultation will also seek views on other potential options to give greater certainty, such as providing a 10-year settlement.  

    These measures to increase affordable housing come alongside changes to the Right to Buy scheme, which will protect existing social housing stock to meet housing need and deliver a fairer and more sustainable scheme.

    England’s existing social housing supply is depleted every year by the scheme while also disincentivising councils to build new social housing.

    Discounts will be reduced alongside greater protections for newly-built social housing and councils will be able to keep 100% of the receipts generated by a Right to Buy sale. This will enable councils to scale-up delivery of much needed social housing whilst still enabling longstanding tenants to buy their own homes.

    The £128 million will support the delivery of new housing projects – including up to 28,000 new builds currently blocked by river pollution – cleaning up our rivers in the process – 3,000 energy efficient homes across the country and 2,000 new homes in North Liverpool.

    Meanwhile the £56 million investment at Liverpool Central Docks will also deliver office, retail, leisure and hotel facilities alongside the new homes. As well as demonstrating our brownfield-first approach, it will transform Liverpool’s former docklands into a thriving waterfront neighbourhood. 

    Kate Henderson, Chief Executive of the National Housing Federation, says:

    We strongly welcome the £500m top-up to the affordable homes programme. This vital injection of funding, which we’ve been urgently calling for, will support housing associations to continue to deliver much needed affordable homes in the immediate term and prevent a collapse in delivery.

    We share the government’s ambition to build 1.5million homes over this parliament and stand ready to deliver the social homes needed, which is why we welcome a consultation on a new rent settlement.  This will provide both transparency for residents and long term certainty and financial stability for social housing providers. We also support the government’s decision to review right to buy discounts.

    To achieve the affordable homes needed across the country, alongside this short term top-up, we look forward to a new long term housing strategy announced at the next spending review, including a significant boost in funding for social housing.

    Charlie Nunn, Chief Executive of Lloyds Banking Group, said:

    As the biggest supporter of social housing in the UK, we welcome the announcement of the funding boost for the Affordable Homes Programme and the plans to consult on a long-term social housing rent settlement.

    A safe and lasting home is the foundation for so many essential needs and strong socio-economic outcomes.  We need greater provision of housing which is both sustainable and genuinely affordable to enable our communities to thrive.

    Councillor Louise Gittins, LGA Chair, said:

    We are pleased the Government has acted on our call to increase Affordable Homes Programme funding. We have made the case for councils to be empowered to build more affordable, good quality homes quickly and at scale and this will boost councils’ ability to build desperately-needed affordable housing for local communities.

    It has become increasingly impossible for councils to replace homes as quickly as they’re being sold through the Right to Buy (RTB) scheme. The LGA has long-called for reform to RTB and these positive measures will support the replacement of sold homes and to stem the continued loss of existing stock.

    A 5-year rent settlement is a step in the right direction in providing certainty for councils on rental income, but to really strengthen and provide stability to Housing Revenue Accounts, a minimum 10-year rent settlement is needed, alongside restoration of lost revenue due to the rent cap and a review of the self-financing settlement of 2012. This would better support long-term business planning to ensure councils can deliver high quality homes and associated support for their tenants.

    Councils stand ready to work with the Government to increase affordable housing and help people on council housing waiting lists and record numbers stuck in temporary accommodation.

    Additional information

    The government is confirming £128 million of funding to deliver the following projects which will deliver much-needed new homes at complex brownfield sites as well provide long-term solutions to improve the supply of homes:

    • Confirmation of a £56 million investment at Liverpool Central Docks which is expected to deliver 2,000 homes in North Liverpool, along with office, retail, leisure, and hotel facilities. This will transform Liverpool’s former dockland into a thriving waterfront neighbourhood.
    • A £25 million investment in a joint venture to establish a new fund with Muse Places Limited and Pension Insurance Corporation to deliver 3,000 energy-efficient new homes across the country, with a target of 100% of these being affordable.
    • The confirmation of £47 million to local authorities to tackle pollution in our rivers, which has halted housebuilding in highly polluted areas. This funding could support the delivery of an estimated 28,000 homes that cannot be built currently due to these restrictions. This funding will not only unlock much needed new housing but also clean up our rivers in the process.

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    Published 26 October 2024

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI China: China, EU seek dialogue to resolve EV dispute

    Source: China State Council Information Office 3

    China and the European Union(EU) have reiterated willingness to solve the dispute over EU’s anti-subsidy investigation into Chinese electric vehicles through dialogue.

    The two sides have decided to continue to make price commitment as the solution to the case, according to a statement released by China’s Ministry of Commerce after a talk held via video link on Friday between China’s Commerce Minister Wang Wentao and European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis.

    There are strong calls and high expectations from various sectors in China and Europe for the proper handling of the case, said Wang.

    Since Sept. 20, intensive negotiations have been conducted between the two sides regarding the price commitment, with some positive progress made in certain aspects, but significant differences still exist on issues of core concern to the business communities in China and Europe, he said.

    Wang noted that China will unswervingly safeguard the legitimate rights and interests of its enterprises. He also expressed the hope that both sides will continue to advance negotiations based on the previous stage of consultations, and achieve substantive breakthroughs as soon as possible.

    In the next stage of price commitment negotiations, consultations should be conducted based on mutual consideration of core concerns, and in accordance with the principles of pragmatism and balance, said Wang, adding that both the effectiveness of the agreement and the core interests of enterprises should be taken into account.

    A bilateral communication mechanism should be established for the implementation and supervision of price commitment on the basis of mutual trust, he explained.

    The European side has put forward specific suggestions regarding the price commitment plan and proposed that technical teams from both sides engage in video consultations on this matter. The Chinese side agrees to immediately start the next stage of negotiations and welcomes the European technical team to come to China as soon as feasible.

    The two sides also exchanged views on the trade remedy investigations initiated by China against certain EU goods, such as brandy, pork and dairy products.

    The Chinese side emphasized that these investigations were initiated at the request of domestic industries, in full compliance with the rules of the World Trade Organization, as well as Chinese laws and regulations.

    China will continue to conduct the investigations in accordance with the law and regulations, and fully safeguard the legitimate rights and interests of all parties involved, according to the ministry. 

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI Asia-Pac: SJ to visit Singapore

    Source: Hong Kong Government special administrative region

    SJ to visit Singapore
    SJ to visit Singapore
    *********************

         The Secretary for Justice, Mr Paul Lam, SC, will depart for Singapore tomorrow (October 27) afternoon to attend the 14th China-ASEAN Prosecutors-General Conference and related events.      Mr Lam will speak at a plenary session of the conference. As a member of the Chinese delegation, he will attend bilateral meetings between the delegation and member states of the Association of Southeast Asian Nations (ASEAN).      Accompanying Mr Lam on the visit will include the Director of Public Prosecutions, Ms Maggie Yang, and government counsel.      Mr Lam will return to Hong Kong on October 30. During Mr Lam’s absence, the Deputy Secretary for Justice, Mr Cheung Kwok-kwan, will be the Acting Secretary for Justice.

     
    Ends/Saturday, October 26, 2024Issued at HKT 17:00

    NNNN

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Asia-Pac: New medicines plan explained

    Source: Hong Kong Information Services

    The “1+” mechanism for drug registration and approval will be expanded from November to cover all new chemical entities, with a view to giving patients more choices of drugs at lower costs, Secretary for Health Prof Lo Chung-mau said today.

     

    Responding to media questions after appearing on a radio programme this morning, Prof Lo said that it will be possible for any new chemical entity, including vaccines and advanced therapy products, to get registered in Hong Kong through the new “1+” mechanism,.

     

    “Advanced therapy products mean not just drugs in the usual sense, but self-therapy or gene therapy, which involve the processing of patients’ own blood for treatment of very advanced cancers or diseases. This is very important.

     

    “We anticipate that with more and more drug companies aware of this, we are able to allow patients in Hong Kong, and even in the Greater Bay Area (GBA), to enjoy more advanced therapy products or new drugs of the most advanced (kind), thus elevating and improving the healthcare standard in the whole area.

     

    “And secondly, with more choices of drugs, the cost of these new treatments, drugs or new advanced therapy products will be lowered.

     

    “Thirdly, it will promote the development of R&D, research and development, in the area. This will be very important for the development of the R&D in the whole GBA.”

     

    Elaborating on the GBA dimension, Prof Lo said that through a “connect” measure, drugs and medical devices which have not yet been registered in the Mainland but are already registered and used in Hong Kong, can be used in specific healthcare institutions in the GBA.

     

    “This is very attractive for pharmaceutical companies because once the drugs or medical devices are approved and registered in Hong Kong and used in the public hospitals, these drugs and devices will be able to have a ‘green channel’ for use (among) the 68 million population in the GBA.”

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI United Kingdom: Budget: No retreat from record climate investment

    Source: Scottish Greens

    26 Oct 2024 Finance Climate Action

    The Scottish Government must ensure record climate investment.

    More in Finance

    The SNP must commit to continuing the record level of climate and nature investment previously delivered by the Scottish Greens if they are to get the support of Green MSPs for the forthcoming Budget, says the party’s finance spokesperson, Ross Greer MSP.

    In giving the keynote opening speech of the Scottish Green conference at the Beacon theatre in Greenock, Mr Greer insisted that there must be no going back from the £4.7 billion that his party secured for climate and nature in this year’s budget. He insisted that this sum was just the start of what is needed to meet the scale of the crisis.

    Addressing the party’s conference, Mr Greer said: “When the Greens were in Government we delivered a huge escalation in Scottish Government action for our environment. We secured a record £4.7 billion annually for climate and nature programmes this year alone. 

    “Today we are making clear to the SNP that if they want our support for the next budget there can be no going back on that record level of support. £4.7 billion is the very minimum that our planet needs at this time of crisis.”

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI Asia-Pac: Security Bureau Youth Uniformed Group Leaders Forum strengthens youth exchanges among Hong Kong, Shenzhen and Macao

    Source: Hong Kong Government special administrative region

         The Secretary for Security, Mr Tang Ping-keung, today (October 26) attended the launch ceremony of the induction course for the new-term Security Bureau Youth Uniformed Group Leaders Forum in Shenzhen, kicking off training activities in the coming year for Hong Kong youth members and students from Shenzhen University, which is the Leaders Forum’s partner, as well as youths from Macao joining this year.

         Addressing the ceremony, Mr Tang thanked Shenzhen University for the well-designed induction course this year. He said that Shenzhen University’s participation in the past year injected impetus and new elements into the Leaders Forum, further broadening members’ horizons and enhancing their sense of national identity. He added that the new term of the Leaders Forum had invited participation from the youth groups of public security forces of Macao, further expanding the collaboration network of the Leaders Forum and promoting development and cultural exchanges among young people in Hong Kong, Shenzhen and Macao. Mr Tang also encouraged the youths to take the induction course as a start to prepare themselves to do their utmost to serve the community in different positions in the future.

         The two-day, one-night induction course is being held at Shenzhen University. In addition to team building and training activities, members will also experience professional training in relation to national defence and the military, visit a well-known innovation and technology company and attend lectures on different topics including understanding national development. Moreover, outstanding leaders from different sectors, including Beijing 2008 and Rio 2016 Olympic Games Mainland diving gold medalist Mr Lin Yue; the representative of the Leaders Forum’s advisory board in Hong Kong, Ms Sandy Lau; and the Hong Kong youth representative, Mr Alexander Yeung, also attended the exchange- and experience-sharing session.

         The Security Bureau established the Leaders Forum in October 2022 to deepen participation in youth work. There are 45 members from Hong Kong in the new term of the Leaders Forum, while another 28 and 20 youths from Shenzhen University and the youth groups of public security forces of Macao respectively will also participate in activities of the Leaders Forum.

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Video: European Commission President Ursula von der LEYEN Western Balkans tour (Montenegro)

    Source: European Commission (video statements)

    Press conference with HE Milojko Spajić, Prime Minister of Montenegro

    Watch on the Audiovisual Portal of the European Commission:
    Follow us on:
    -X: https://twitter.com/EU_Commission
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    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=La1dpaOk1rY

    MIL OSI Video –

    January 24, 2025
  • MIL-OSI United Kingdom: Scottish Greens look ahead to record results at next Scottish elections

    Source: Scottish Greens

    26 Oct 2024 Finance

    The Scottish Greens have a bold and progressive vision for a fairer, greener and better Scotland.

    More in Finance

    Scottish Green co-leader Lorna Slater rallied party activities at their autumn conference in Greenock, saying their party will stand at the next election on a “boldly progressive platform of real change.”

    Slater celebrated her party’s achievements in government, from free bus travel for young people to record investment in climate and nature, and said her party would continue to be “effective and constructive” from opposition. 

    Addressing her party conference, Ms Slater said, “I’m deeply proud of what we achieved during our time in Government.

    “From free bus travel for all our young people, to the biggest expansion of the living wage and the Scottish Child Payment since devolution; Scotland’s first emergency rent freeze and eviction protections during the cost of living crisis, bans on polluting behaviours like incineration, single use plastics and disposable vapes, increased multi-year funding for nature restoration and active travel  the policies you, our Scottish Green members, decided on at past conferences were being put into action. Making people’s lives better, day in, day out.

    “In or out of government we are committed to delivering the change that Scotland needs.”

    Turning her attention to record general election results for her party earlier in the year, Ms Slater said: “We know that voters appreciate Green values and leadership. They told us so, at this year’s General election, which saw record Scottish Green results up and down the country.

    “Whilst Rishi Sunak couldn’t even muster an umbrella, our activists pulled off our biggest on-the-ground campaign since before the pandemic. A substantial effort at short notice. 

    “In the record 44 seats in which we stood, we nearly doubled our vote share, with over 92,000 people casting their vote for us and demonstrating support for the Scottish Greens all over Scotland, including in the islands. 

    “In our biggest cities, we are now the third party, beating the Tories and the Lib Dems in one of their biggest elections. And how did we do it? Through your hard work, determination, and our positive vision for how Green values and policies can change this country. 

    “In the next few months branches will begin selecting their target wards and candidates and start looking ahead to Holyrood 2026.  

    “I am glad that the Scottish Greens are being recognised as influential, and we can do even more with more of us elected into Holyrood.

    “Whilst the SNP lurch to the right and court the votes and donations of Big Oil, and Labour continue to support nuclear weapons and Tory fiscal rules that let the rich get even richer, while public services crumble, the Scottish Greens will stand on a boldly progressive platform of real change. We have a clear position. We have a big opportunity.”

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI United Kingdom: Patrick Harvie Autumn Conference 2024 speech

    Source: Scottish Greens

    26 Oct 2024 Finance

    Patrick Harvie called for the Scottish Government to take serious climate action and deliver a fairer, greener and better budget for Scotland.

    Glasgow

    Scottish Greens Co-leader, Net Zero, Constitution and External Affairs spokesperson

    More in Finance

    Greens always aim to offer an inspiring and positive vision at election times, because we believe that politics is capable of changing our society for the better.

    Labour, by contrast, spent the whole election campaign trying to lower everyone’s expectations. Maybe they thought it was better to under-promise, rather than under-deliver. And yet somehow, they have managed to do both.

    I don’t think there can be a single voter left in the UK who can honestly say they’ve been inspired by what has happened since. 

    Of course there is reason to be happy about seeing the end of 14 years of Tory austerity, corruption, and downright lies; to be rid of Boris Johnson and his pals partying in Downing street; or the shameless profiteering on the back of Brexit and the pandemic; or the Liz Truss blink-and-you-miss-it catastrophe – it’s no wonder the British public jumped at the opportunity for a change of government. 

    But Labour’s offer to the electorate, after they’d dumped every remnant of a radical programme and purged their progressive candidates, was so insipid that I warned that the UK was likely to get a change of government without a change of politics. And that’s exactly what we’ve seen from Keir Starmer’s Labour since then. 

    We’ve just passed the 100 day mark of this new Labour government. And what have they achieved in that time? 

    Keir Starmer has some lovely new suits, and if you can believe it thousands of pounds worth of quite boring glasses. Some of the cabinet have had some nice free holidays and Taylor Swift tickets.

    But have they lifted the cruel two-child benefit cap which has forced families, and especially women and children into poverty? Perish the thought.

    Have they cut the artificial link between gas and electricity prices, instantly making renewable home heating cheap and affordable for millions? Of course not, instead they’ve removed winter fuel payments from nearly 10 million pensioners, forcing vulnerable older people to choose between heating their home and feeding themselves. 

    It is a decision that is up there with the worst of the Tories; it’s one that will kill people. And unlike so many of their bad policies, this one wasn’t even in the Labour manifesto.

    Our message to Keir Starmer is simple: reverse this cut. Do it now or your first year’s legacy will be a cold and deadly winter.

    This is a Labour Government working for the few, not the many. A Labour government that is defending a broken status quo and standing up for the interests of big business and their corporate donors rather than working people.

    Here in Scotland, Anas Sarwar told us to ‘read his lips’, promising that there would be ‘no austerity under Labour’. 

    Anas was probably hoping that a long Labour honeymoon would let him coast for much of the way to the 2026 election. Instead people have been given an instant reminder of just how underwhelming a Labour government can be.

    Two weeks ago, Scottish Labour had the chance to take a different path, and condemn their London colleagues’ decision to means-test the winter fuel payment in a vote in the Scottish Parliament. 

    Instead, they doubled down, standing up for Starmer’s decision and supporting one of the cruellest cuts for years.

    But perhaps Labour’s most shameful failure has been on the international stage.

    The last 12 months have seen daily horrors and atrocities inflicted on the people of Gaza. So many children, so many whole families, have had their lives destroyed in some of the gravest war crimes in living memory. It has been the collective punishment of millions of people.

    The killing has spread to Lebanon, and missile attacks between Israel and Iran, with Netanyahu deliberately increasing the risk of a wider regional war.

    For the international community this has been one of the most profound moral tests for our age, and it is one that Labour has failed badly.

    When hospitals and homes have been bombed into rubble, and when genocide is being inflicted, we all have a moral duty to stand against it, and to stand on the side of humanity.

    Yet, Keir Starmer can’t even bring himself to end political and military support for Israel or take action against even its most extreme far right politicians.

    Every government is under a moral obligation to do everything possible to oppose the atrocities. That is why we have persistently called on the Scottish Government to block all public contracts for companies who are complicit in the illegal settlements in the West Bank, and why we have called for an end to all public grants and support for the companies who are profiting from the killing.

    Even ending the arms sales and the bombing isn’t enough; peace requires justice, and that means an end to the decades of occupation, and it means statehood for Palestine.

    Conference, it is long past time to end this complicity. It is long past time for a watertight arms embargo and it is long past time for an end to all trade with the illegal settlements in the occupied territories.

    It is long past time for Scotland and the UK to join the call for boycott, disinvestment and sanctions against Israel. Because profiting from atrocities must have no place in a civilised society.

    Conference, the months and years ahead will be crucial for peace, and they will also be crucial for the fate of our planet.

    With global temperatures rising, Governments must take bold and urgent action both here in Scotland and around the world.

    With just 18 months left of this session of the Scottish Parliament, the SNP now face some key tests on an issue they still claim is a priority. 

    The first of those is underway already, as Holyrood considers the Scottish Government’s new Climate bill. 

    The first two Climate Change Acts were statements of high ambition. This third one will be an admission that, as Greens have long argued, Scotland is years behind where we should be. That’s an admission that needs to be made; but making it demands an urgent acceleration of action here and now, not just promise of more plans to come.

    When we last met in April, I said that Scotland has been held back by too many politicians ready to celebrate the supposed ‘world-leading’ targets, while blocking the action needed to actually meet them. 

    We have known for decades how to do it – it’s getting people out of cars and onto clean public transport; replacing fossil fuel for home heating with cheap, abundant renewables; changing the way we manage our land and farm our food, so we lock up more carbon than we produce; and ending the extraction of oil and gas in the north sea for good. 

    But what have we seen in the last six months from the now minority Scottish Government? Instead of accepting that missed targets demand accelerated action, they’ve chosen a sharp u-turn on much of the action that the Greens had been advancing. 

    Cutting the funding for climate projects and net-zero investment; returning to exorbitant prices on our railways; rolling back on new clean standards for home heating – these are not the actions of a Government that is serious about climate action.

    And on some key climate policy areas they are simply stalling. A new energy strategy is long overdue; they said it was ready to publish before the UK election, but we’re still waiting.

    Greens had insisted on a climate assessment of their road building plan for the A96, and it’s been sitting on Ministers’ desks too, unpublished. They need to come clean, publish that assessment, and make a decisive shift in their priorities, from unsustainable road building, to the green, low carbon infrastructure we need.

    While this dithering and inaction continues, experts like Jim Skea of the IPCC are now warning not only could 1.5 degrees of warming be moving out of reach, but that we are potentially headed to more than 3°C of global warming in this century if we carry on with the policies we have at the moment.

    Three degrees plus of warming would be catastrophic for life on this planet. We know what we need to do, yet the Scottish Government is refusing to take some of the most basic steps.

    So the Scottish Greens will not waive the Climate Targets bill through Holyrood as a ‘minor technical amendment’ as the Scottish Government claims. 

    When parliament goes back next week, Mark Ruskell and I will be moving amendments to the bill to try and improve it where we can. 

    We’ll try to keep the interim targets alive, as crucial milestones on our path to net zero; we’ll put forward improvements to the timescales in the bill, because as it stands they risk wasting most of the time left till the next Holyrood election without an agreed climate plan. 

    But the thing is, outside of the text of the Bill, what’s really needed now is an immediate programme of accelerated action to deliver emission cuts that are long overdue.

    A climate plan is only worthwhile if it takes the steps that are necessary, like halting new road building projects, investing in public transport and refusing the plan to expand the gas-fuelled power station at Peterhead. 

    These are just some of the actions that we have put forward as part of our Climate Reset package, published in August. Even these plans aren’t the end of the story, not by a long way, but without these kinds of changes right now, the Scottish Greens cannot vote for the new Climate bill. 

    Our demands for climate action must not end with this legislation however – tackling the climate emergency must be a mission across all parts and all levels of Government. 

    Nowhere is this more pressing than the upcoming Budget. 

    We recognise the challenges that come with the limitations of devolution, as well as the impact of 14 years of Tory cuts and now what looks like continued austerity under Labour. We know our full ambition for a fairer, greener economy can best be delivered with the powers of a normal independent country. 

    However, we’ve also been clear in recent months that we still have a duty to use every last lever available to solve the current crisis in Scotland’s public finances.

    On Wednesday, when the UK Government publishes its budget, we’ll have a better idea of the financial situation Scotland faces. Labour could and should choose to end austerity, and restore Scotland’s budget to workable levels. But given their track record, none of us will be holding our breath for that.

    Even the current rumours of an increase in capital spending won’t take us anywhere near the levels of investment that are needed, and UK Ministers have openly lobbied against the public service cuts they are being told to make.

    There are those in Scottish politics who refuse the responsibility to offer solutions. Instead they demand the impossible, pretending that every tax can be cut and every service funded, and they never need to make the sums add up. That’s dishonest politics, and it’s never been the Green approach.

    The Scottish Greens have been honest about needing to raise more money through fair taxes if we want to support public services. We are proud that we have the most progressive tax system anywhere in the UK. That is because of the work of Green activists and members in this hall and across this country, and our work in Parliament.

    That’s why there’s an extra billion and a half pounds going into public services every year. It’s why councils are now able to raise more tax from second homes, and from the tourism industry.

    We’ll continue to ensure the Scottish Government comes good on the commitments we secured to introduce new local taxes such as on cruise ships and carbon emissions from land, and we’ll hold them to account on the long overdue commitment for wider reform of local government finance – one of the biggest missed opportunities of the first 25 years of the Scottish Parliament, and one where the SNP are still dragging their feet. 

    We’ve shown how we could make big savings by stopping tax breaks to wealthy landowners and enterprise grants to arms companies, and by bringing in more money to support our healthcare system through a public health levy on supermarkets. 

    But these steps are only the start. Extra funds raised through tax or coming from the UK Government must go into reversing the broken promises made by the SNP government since they ended the Bute House Agreement. 

    That includes reinstating the plan to roll out free school meals to all children in Scotland’s primary schools before the next election, restoring the Scottish Green’s Nature Restoration Fund, fully funding an ambitious programme to cut energy bills and emissions from our home heating, and reversing the decision to bring back peak rail fares which punish workers and students.

    But crucially, John Swinney must also address the very real issue of the trust that was broken this year. 

    In the last six months we’ve not only seen Bute House Agreement policies facing the axe, but commitments which were agreed before we even entered Government, as well as commitments that were made to local government. 

    Now, for the first time in four years, we’re being asked to back a Scottish Government budget without a role in overseeing how it’s implemented; to vote on the basis of trust. That is a risk we cannot take lightly.

    Later today, our Finance portfolio lead Ross Greer will open a conference debate calling on the Scottish Government to guarantee no future agreements will be subject to in-year cuts.

    But even with that in place, we still face a challenging few months ahead. As Scottish Green MSPs, we have a responsibility to engage with the process in good faith, and with honesty. But as the only party that ever brought down an SNP budget, as John Swinney knows to his cost, we need to be clear that they cannot take our votes for granted. 

    Conference, this budget marks a turning point, not just because of the difficult circumstances and the challenges facing the country, but also because it’s the last full year budget for this parliamentary session.

    In just 18 months, Scotland will go back to the polls. Voters will make a decision that will be crucial to ensuring a sustainable and livable future for our planet, and for the people of Scotland.

    We’ve made important progress for Green politics in recent years – a string of ‘best ever’ election results at every level, from the 2019 European elections onward. Our first opportunity to enter government, and sustained high polling through turbulent times when the political right threw everything they had at us. 

    And despite the end of the Bute House Agreement, we have a clear role and opportunity to ensure delivery of what we got started, and hold the SNP to account for progressive Green policies they choose to drop, demonstrating to voters the reason why Green votes make a difference.

    But if we want the 2026 election to continue that string of election successes, and turn our potential into a reality, we need to keep learning, developing, and becoming the effective and professional political force we are capable of being.

    As a movement, Greens don’t exist for easy times. We’re here to draw attention to the profound challenges our society faces, from environmental destruction to poverty and inequality, from global threats to democracy, to the abuse of power by those who operate today’s failed economic model for their own short term benefit.

    Lots of politicians talk about “tough choices”, but what they really mean is sticking with the consequences of the status quo. They make brutal choices, but easy ones – hurting the most vulnerable is the path of least resistance, far easier then challenging the powerful. 

    Greens exist to take on the really tough choices – the choice to change our society, our economy and our politics, knowing that it’s not an easy path.

    Our party will do that, and will earn the trust of those who know it needs to be done, if we are united, true to our values, politically disciplined, and honest. And if we work hard – knocking on doors, campaigning in our communities and making green change happen at every level. 

    That’s what we are, that’s why we’re here, to be more than just a party, to be a movement. A movement for people, a movement for planet and a movement for peace. And a movement that is needed more than ever.

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI United Kingdom: Harvie warns SNP not to take Green budget votes for granted

    Source: Scottish Greens

    26 Oct 2024

    Scotland’s next budget must deliver a fairer, greener Scotland to secure Green support.

    Scottish Green co-leader Patrick Harvie has warned the First Minister, John Swinney, that he cannot take Scottish Green votes for granted on the upcoming Scottish budget, reminding the SNP leader that his party are the only ones to have ever brought down an SNP budget. 

    The Glasgow MSP said reversing the broken promises made by the SNP government since the end of the Bute House Agreement would be a priority for his party.

    Mr Harvie said, “We’ve shown how we could make big savings by stopping tax breaks to wealthy landowners and enterprise grants to arms companies, and by bringing in more money to support our healthcare system through a public health levy on supermarkets. 

    “But these steps are only the start. Extra funds raised through tax or coming from the UK Government must go into reversing the broken promises made by the SNP government since they ended the Bute House Agreement. 

    “That includes reinstating the plan to roll out free school meals to all children in Scotland’s primary schools before the next election, restoring the Scottish Green’s Nature Restoration Fund, fully funding an ambitious programme to cut energy bills and emissions from our home heating, and reversing the decision to bring back peak rail fares which punish workers and students.”

    As Scottish Green MSPs, we have a responsibility to engage with the process in good faith, and with honesty. But as the only party that ever brought down an SNP budget, as John Swinney knows to his cost, we need to be clear that they cannot take our votes for granted.”

    Mr Harvie also said the Scottish Greens MSPs would not ‘wave through’ the Climate Targets bill currently going through parliament, repeating calls for a ramping up of climate action from the minority SNP Government. 

    He said, “The first two Climate Change Acts were statements of high ambition. This third one will be an admission that, as Greens have long argued, Scotland is years behind where we should be. 

    “It is an admission that needs to be made; but making it demands an urgent acceleration of action here and now, not just promises of more plans to come.

    “But what have we seen in the last six months from the now minority Scottish Government? Instead of accepting that missed targets demand accelerated action, they’ve chosen a sharp U-turn on much of the action that the Greens had been advancing.”

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI Asia-Pac: Youth forum course launches in SZ

    Source: Hong Kong Information Services

    Secretary for Security Tang Ping-keung today attended the launch ceremony of an induction course for the new-term Security Bureau Youth Uniformed Group Leaders Forum in Shenzhen.

     

    Addressing the ceremony, Mr Tang said Shenzhen University’s participation over the past year has injected impetus and new elements into the forum, further broadening members’ horizons and enhancing their sense of national identity.

     

    He added that the new-term forum includes members of youth groups in Macau’s public security forces, thereby expanding collaboration and facilitating developmental and cultural exchanges among Hong Kong, Shenzhen and Macau youths.

     

    The security chief encouraged participating youths to undergo the induction course as a preparation for doing their utmost to serve the community in different positions in the future.

     

    The two-day course is being held at Shenzhen University. In addition to team-building and training activities, members will also receive instruction on national defence and military matters, visit a well-known innovation and technology company, attend lectures on national development, and more.

     

    Outstanding leaders from different sectors, including Beijing 2008 and Rio 2016 Olympic Games diving gold medallist Lin Yue, attended an experience-sharing session today.

     

    The new-term leaders forum comprises 45 Hong Kong youths. Twenty-eight Shenzhen University students and 20 members off youth groups in Macau’s public security forces will also join the forum’s activities in the coming year.

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Video: UN Ambassador’s Climate Message & Cities Cutting Air Pollution | WEF | Top Stories of the Week

    Source: World Economic Forum (video statements)

    This week’s top stories of the week include:

    0:15 UN ambassador’s climate message – Peter Thomson is the UN Secretary-General’s Special Envoy for the Ocean. He’s urging young people to take part in climate action but he’s also clear about where responsibility lies. Scientists have devised the concept of ‘positive tipping points’ which are thresholds that can propel rapid decarbonization. However, Thomson says the first tipping point is up to us.

    4:05 How to make better decisions – Before entering business, Ravi Kumar S trained as a nuclear scientist. This gave him a huge helping hand in his career, he says. Kumar says modern companies aren’t hierarchies, but networks which draw on the ‘community knowledge’ of all their staff. As CEO, he has developed a decision-making process that takes his gut feeling and supports it with data in a continual feedback loop.

    7:08 Cities cutting air pollution – Curitiba in Brazil built an integrated transport network to cut congestion. Curitiba began by launching the world’s first bus rapid transit (BRT) in 1974. Today’s network combines express routes with suburban connections and cycle lanes so passengers can move easily from one transport to another.

    9:01 Where is AI headed? – At our Annual Meeting of the Global Future Councils in Dubai 500 experts gathered to share insights on pressing issues, including how rapid advances in AI are reshaping our world. As AI becomes more prevalent, it remains clear that the humanities are essential to a functioning society and a fulfilled life, says Stuart Russell, Professor of Computer Science, University of California, Berkeley.

    _____________________________________________

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

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    https://www.youtube.com/watch?v=lCDFB39Eb8k

    MIL OSI Video –

    January 24, 2025
  • MIL-OSI Video: Let’s take this bird for a spin! | U.S. Army

    Source: US Army (video statements)

    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Shorts #UH60 #Blackhawk

    https://www.youtube.com/watch?v=zDS5vc1X-d4

    MIL OSI Video –

    January 24, 2025
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