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Category: Business

  • MIL-OSI: STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Longboard Pharmaceuticals, Inc. – LBPH

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), relating to a tender offer from H. Lundbeck A/S. Under the terms of the agreement, H. Lundbeck offers to acquire outstanding shares of Longboard common stock for $60.00 per share.

    Click here for more information https://monteverdelaw.com/case/longboard-pharmaceuticals-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (http://www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

    January 23, 2025
  • MIL-OSI USA: Less Than Five Days Remain to Apply for FEMA Assistance

    Source: US Federal Emergency Management Agency

    Headline: Less Than Five Days Remain to Apply for FEMA Assistance

    Less Than Five Days Remain to Apply for FEMA Assistance

    Attention, New Mexicans affected by the South Fork and Salt Fires and/or flooding. Do not wait any longer to apply for FEMA federal disaster assistance. The deadline to apply for assistance is less than five days away. 

    Homeowners and renters impacted by the fires and flooding, from June 17 to Aug. 20, 2024, who live in Lincoln, Otero, Rio Arriba, San Juan Counties, or on the Mescalero Apache Reservation have only until Saturday, Oct. 19 to apply. The deadline to apply for a long-term, low-interest disaster loan for physical damage from the U.S. Small Business Administration (SBA) is also Oct. 19.

    FEMA grants do not have to be repaid. FEMA assistance is nontaxable and will not affect eligibility for Social Security, Medicare, Medicaid, SNAP or other federal and state benefits.  

    How to Apply for FEMA Disaster Assistance 

    The first step for individuals and households to receive assistance is to apply to FEMA for federal assistance. There are no costs involved to apply for, or receive, FEMA assistance. There are four ways to apply:

    1. Go online to disasterassistance.gov/
    2. Download the FEMA App for mobile devices at fema.gov/about/news-multimedia/mobile-products
    3. Call the FEMA Helpline at 800-621-3362 between 5 a.m. and 9 p.m. Help is available in most languages.
    4. Visit the state of New Mexico/FEMA Disaster Recovery Center at the Horton Complex, 237 Service Road in Ruidoso. Hours are 9 a.m. to 6 p.m. Monday through Friday, noon to 4 p.m. on Saturday.

    For an American Sign Language (ASL) video on how to apply for assistance, visit youtube.com/watch= WZGpWI2RCNw.

    For more information about FEMA’s Individual Assistance program, visit  www.fema.gov/assistance/individual. 

    angela.ambroise
    Wed, 10/16/2024 – 14:47

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI: Treasury Bond Auction Announcement – RIKB 27 0415 – RIKS 37 0115

    Source: GlobeNewswire (MIL-OSI)

    Series RIKB 27 0415 RIKS 37 0115
    ISIN IS0000036291 IS0000033793
    Maturity Date 04/15/2027 01/15/2037
    Auction Date 10/18/2024 10/18/2024
    Settlement Date 10/23/2024 10/23/2024
    10% addition 10/22/2024 10/22/2024

    On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date, and the Bonds will be delivered in electronic form on the same day. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%.

    Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

    For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Old National Bank Recognized as 2024 Leading Disability Employer

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., Oct. 16, 2024 (GLOBE NEWSWIRE) — Honoring National Disability Employment Awareness Month in October, the National Organization on Disability (NOD) named Old National Bank as one of only 59 Leading Disability Employers for 2024. This recognition formally acknowledges companies with the highest performance in disability inclusion practices and policies, benchmarked against more than 200 participating organizations.

    In its 10th year, the NOD Leading Disability Employer Seal spotlights the transformative contributions made by business leaders in promoting employment opportunities for individuals with disabilities. It also honors those organizations that prioritize diversity, equity and importantly, accessibility — setting a high standard for others to follow.

    “We’re incredibly grateful to this group of exceptional companies for their unwavering commitment to disability inclusion,” said Beth Sirull, President and Chief Executive Officer, National Organization on Disability. “We believe that diversity fuels innovation and growth, and inclusive workplaces reduce costly employee turnover. These employers embody that vision in action. We applaud their efforts and investments to provide pathways to fulfilling careers for Americans with disabilities.”

    Leading Disability Employer Seal recipients are determined based on data provided by companies on the NOD Employment Tracker™. The Tracker is the only free assessment tool that helps companies understand which employment practices correlate to improved talent outcomes related to hiring, retention and advancement of people with disabilities.

    “Inviting diversity and activating our core value of inclusion are critical to our success. We are thrilled to be recognized for what we believe is a differentiator for our team members, clients and the communities we serve,” says Corliss Garner, Chief Diversity, Equity and Inclusion Officer, Old National Bank. “Our commitment to uplifting people with apparent and non-apparent disabilities promote an inclusive work environment that attracts talent and makes us stronger as an organization.”

    ABOUT THE NATIONAL ORGANIZATION ON DISABILITY (NOD)
    The National Organization on Disability (NOD) is a private, non-profit organization that seeks to increase employment opportunities for the 60% of working-age Americans with disabilities who are not employed. To achieve this goal, NOD offers a suite of employment solutions, tailored to anticipate and meet leading companies’ workforce needs. NOD has helped some of the world’s most recognized brands be more competitive in today’s global economy by building or enriching their disability inclusion programs. For more information about NOD and how its portfolio of professional services, Leadership Council and Employment Tracker™ can help your business, visit http://www.NOD.org.

    ABOUT OLD NATIONAL
    Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $53 billion of assets and $30 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2024, Points of Light named Old National one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.

    Investor Relations:
    Lynell Durchholz
    (812) 464-1366
    lynell.durchholz@oldnational.com

    Media Relations:
    Rick Vach
    (904) 535-9489
    rick.vach@oldnational.com

    The MIL Network –

    January 23, 2025
  • MIL-OSI: STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Longboard Pharmaceuticals, Inc. – LBPH

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), relating to a tender offer from H. Lundbeck A/S. Under the terms of the agreement, H. Lundbeck offers to acquire outstanding shares of Longboard common stock for $60.00 per share.

    Click here for more information https://monteverdelaw.com/case/longboard-pharmaceuticals-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (http://www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

    January 23, 2025
  • MIL-OSI: As the CFPB tightens restrictions on medical debt collections, Navicore Solutions provides invaluable resources to consumers affected by medical debt

    Source: GlobeNewswire (MIL-OSI)

    MANALAPAN, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) — Approximately 14 million people (6% of adults) in the U.S. owe over $1,000 in medical debt according to health policy research group KFF. The CFPB (Consumer Financial Protection Bureau) stated that about 100 million Americans owe over $220 billion in medical debt, a problem that’s compounded by medical billing complexity and the third-party vendors many healthcare organizations employ to complete that billing.

    Medical debt can be overwhelming, especially when compounded with other debt loads such as credit card debt. Navicore Solutions provides a vital resource for households, providing guidance and solutions to alleviate the stress of a spiraling financial situation.

    “Medical billing is often riddled with errors, including inflated or duplicative charges, fees for services the patient never received, or charges already paid,” CFPB Director Rohit Chopra said in a statement earlier this month. “The CFPB is taking action to ensure that Americans are not unfairly chased by debt collectors over unsubstantiated or invalid medical bills.”

    The CFPB is focusing on the regulation of third-party medical debt collection companies, the enforcement of the ‘No Surprises Act’ which ensures that healthcare consumers do not face unjustifiably high medical debts, and that consumers are not pursued for falsified or ‘up-coded’ medical procedures.

    Across the United States, 14.3% of households are carrying medical debt with the aging Boomer generation holding the most medical debt with an average of $22,000 owed. The problem of medical debt is exacerbated across all generations when there is low or no medical insurance coverage, or a household includes an individual with a disability.

    “Medical debt can strike anyone at any time, throwing a household into financial uncertainty,” said Diane Gray, Navicore’s Chief Operating Officer. “Navicore offers a lifeline to those seeking actionable steps to overcome growing medical debt.”

    As the medical debt issue in America mounts, CFPB asserted that all entities involved in patient collections, including debt collectors and patients themselves, must be aware of the federal laws protecting consumers. Navicore Solutions provides a help to consumers in search of a path forward.

    About Navicore Solutions

    Founded in 1991, Navicore Solutions is a national leader in the field of nonprofit financial counseling with a mission to strengthen the well-being of individuals and families through education, guidance, advocacy, and support.

    Navicore counselors provide a wide range of services including credit counseling to consumers in need; education programs through workshops, courses and written material; debt management plan to provide relief for applicable consumers; student loan counseling for those struggling with student loan debt; and housing counseling services in the areas of rental, pre-purchase, default and reverse mortgage. The agency is an advocate of financial education helping communities achieve and maintain financial stability.

    Contact:
    Lori Stratford
    Digital Marketing Manager
    Navicore Solutions
    lstratford@navicoresolutions.org
    navicoresolutions.org

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Decisions of the extraordinary general meeting of shareholders of EfTEN Real Estate Fund AS 16.10.2024

    Source: GlobeNewswire (MIL-OSI)

    The extraordinary general meeting of shareholders of EfTEN Real Estate Fund AS was held on 16 October 2024 in in the Radisson Collection Hotel Conference Center (2nd floor, Tallinn, Rävala 3).                       

    A total of 133 shareholders attended the meeting representing 8 332 014 votes. This means 77,01% of the total votes were represented. Of the participants, 17 shareholders representing 1 394 885 votes, i.e., 12,89% of all votes attached to the shares, cast their votes electronically before the meeting in accordance with the electronic voting procedure announced in the invitation to the meeting. The meeting therefore had a quorum.

    The decisions of the extraordinary general meeting were as follows:

    Increase of share capital and listing of new shares on the Main List of Nasdaq Tallinn Stock Exchange
    With 8 323 537, i.e. 99,9% votes in favour, the shareholders decided in accordance with the law and the fund’s articles of association, to give the mandate on a decision to  increase of the share capital of the fund within the following 6-month period in the competence of the superviosry board of the fund, considering that the total volume of the additional capital to be raised will not exceed 30,000,000 euros and the existing shareholders shall retain the pre-emptive right to subscribe for the new shares, and submit application for listing and admission to trading of all newly issued shares of the fund in the main list of the Nasdaq Tallinn Stock Exchange. To authorise the supervisory board and the management board of the fund to carry out all activities and conclude all agreements necessary for this purpose.                                                                                                                  

    The minutes of the general meeting shall be made available on the fund’s website (https://eref.ee/investorile/uldkoosolekud/) not later than 7 days after the meeting.

    Viljar Arakas
    Member of the Management Board
    Phone 655 9515
    E-mail: viljar.arakas@eften.ee

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Surgent Knowledge Summit Offers Premium CPE Courses for Accounting and Tax Professionals

    Source: GlobeNewswire (MIL-OSI)

    RADNOR, Pa., Oct. 16, 2024 (GLOBE NEWSWIRE) — Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is excited to announce the inaugural Surgent Knowledge Summit, a series of exclusive, live events celebrating International Accounting Week. The Knowledge Summit will provide accounting and tax professionals with valuable, premium content designed to enhance their expertise and support their ongoing professional development.

    This event will feature a variety of insightful sessions aimed at helping attendees earn essential continuing professional education (CPE) credits while staying up to date with the latest industry trends and practices. 

    “At Surgent, we believe that continuous learning is the key to staying competitive in today’s fast-paced accounting and tax landscape,” said Liz Kolar, executive vice president of Surgent. “The Surgent Knowledge Summit is our commitment to helping professionals not only meet their CPE requirements but also stay informed on the latest industry trends and technologies.” 

    The Surgent Knowledge Summit features sessions led by industry experts and covers critical topics like the future of financial reporting, the impacts of artificial intelligence (AI) on accounting, post-election tax policy changes and much more. Below is the calendar of events, showcasing the diverse range of sessions that will be held during the summit. 

    “The Surgent Knowledge Summit offers unparalleled access to exclusive content delivered by top industry experts,” Kolar said. “From the latest AI developments to crucial tax updates following the 2024 elections, our courses are designed to equip professionals with the knowledge and tools they need to thrive in this dynamic industry.”

    Surgent Knowledge Summit Events

    Thursday, Nov. 7

    AICPA and Surgent Panel on the CPA Exam and State of the Industry
    We kick off the summit with a free webinar at noon ET featuring a panel discussion on the CPA exam and the state of the accounting industry. Liz Kolar will join Mike Decker and Joe Maslott from the Association of International Certified Professional Accountants (AICPA) to discuss the recent CPA exam overhaul, industry trends and what lies ahead for 2025 and beyond.

    Free Premium CPE: Weekly Expert Hour Webinar
    Later that afternoon, join Washington insider Ken Kies and Surgent instructor Mike Tucker for Surgent CPE’s exclusive free Weekly Expert Hour on how the 2024 election results may shape tax policies. They will explore potential changes to tax legislation and expiring provisions of the Tax Cuts and Jobs Act. This premium CPE course will be held 2-3 p.m. ET and attendees will earn one CPE credit.

    Tuesday, Nov. 12

    Mark Your Calendars: Surgent’s Most Exciting Annual Event Is Coming! 
    In celebration of International Accounting Day Surgent will be offering its biggest sale of the year.

    Tax Preparation for Accountants
    Join Surgent Income Tax School at 3 p.m. ET for a free webinar: How Accounting Firms Can Increase Revenue with Tax Prep. Surgent’s team of industry experts will share strategies on using tax preparation services to boost revenue and client retention.

    Wednesday, Nov. 13 

    The Surgent Knowledge Summit will kick into high gear with a day dedicated to the future of accounting and auditing with cutting-edge webinars, including:

    • What A&A Pros Need to Know About Blockchain, Bitcoin, and Digital Assets (BBD2) with Jack Castonguay will explore the impact of blockchain, Bitcoin and digital assets on accounting practices. Attendees will learn about the regulatory challenges, reporting standards and key accounting complexities related to these emerging technologies. This course will be held 9-11 a.m. ET and attendees will earn two CPE credits.  
    • Innovating Accounting: The Impact of AI, Automation and Blockchain on Financial Reporting and Auditing (AAB1) with Eric Cohen, owner of Cohen Computer Consulting and co-founder of XBRL. This webinar will cover how AI, automation and blockchain are transforming financial reporting and audit. This course will be 11 a.m.-noon ET and attendees will earn one CPE credit. 
    • CFOs as Leaders of Organizational Change (CFO1) will feature a panel facilitated by Cory Ng, Surgent’s accounting and auditing content developer, and will include Avia Yudalevich and Landon Cortenbach, two leading CFOs from diverse industries. This program will discuss how CFOs are driving innovation and navigating economic challenges. This course will be held 1-2 p.m. ET and attendees will earn one CPE credit. 
    • The Threat and Opportunity to Accounting Posed by Generative AI and Other Emerging Technologies (GEN1) with Dr. Sean Stein Smith, associate professor at Lehman College; Jack Castonguay, Surgent vice president of learning and development; and James Madison University associate professor, Dr. Nicole Wright, will explore how AI and emerging technologies are reshaping audit functions by automating tasks like data analysis and fraud detection. It will also address challenges related to ethics, data security and the evolving role of auditors in the AI-driven landscape. This course will be held 2-3 p.m. ET and attendees will earn one CPE credit. 
    • Quarterly Update: The FASB, AICPA, SEC, and PCAOB (QFA2) with Jack Castonguay and Cory Ng will cover new FASB, SEC, and PCAOB standards. This session provides an overview of key updates from the FASB, SEC and PCAOB. Attendees will learn about recent changes to accounting standards and auditing regulations, including new standards and guidance, and their impact on financial reporting. This course will be held 3-5 p.m. ET and attendees will earn two CPE credits. 

    Thursday, Nov. 14

    The Knowledge Summit continues with a day dedicated to the tax industry and how the 2024 presidential and congressional elections will impact the profession. Here is a rundown of the CPE webinars that Surgent has planned for the day:

    • 2024 Tax Changes and Year-end Planning Opportunities (YT24) featuring Surgent instructor Mike Tucker; Shannon Retzke Smith, a partner in the international law firm Withers Bergman; and Lance Weiss, a CPA and member of SFW Partners, LLC in St. Louis; will cover the key 2024 tax law changes and their implications for year-end planning. Attendees will gain valuable insights into new tax strategies and opportunities to optimize their tax positions before the end of the year. This course will be held 9 a.m.-12:30 p.m. ET and attendees will earn four CPE credits.
    • How Our Economy and Markets Perform in Election Years (ELY2) will feature David Peters, founder and owner of Peters Tax Preparation & Consulting in Richmond, Va., and financial advisor for Peters Financial, LLC. This course will look at the economic cycle and the effect of election years. It will examine how certain key investments have performed, examine why this year is unique and look at how major tax policy changes affect our economy. This course will be held 1-3 p.m. ET and attendees will earn two CPE credits. 
    • Post-election Coverage of Potential Tax Changes and Planning Strategies (PEL2) with Mike Tucker, Ken Kies, Lance Weiss and Ed Renn, of counsel at the international tax law firm Withers Bergman, will examine potential tax law changes following the recent election. This course will explore how shifts in tax policy may impact individuals and businesses, offering strategies to adapt and plan for potential legislative changes. Participants will learn to navigate the evolving tax landscape. This course will be held 3-5 p.m. ET and attendees will earn two CPE credits.

    Friday, Nov. 15

    Mock CPA Exam
    The Surgent Knowledge Summit concludes with a free virtual mock CPA exam facilitated by Michael Matthews, director of state society partnerships at Surgent. This online event will allow CPA candidates to practice CPA exam questions, pinpoint their strengths and identify areas that need extra attention before their exam day. By simulating the actual exam, candidates will gain the confidence and insights needed to improve their performance. Plus, they will receive detailed feedback to guide them through their final stages of preparation. The mock exam will be at 3 p.m. ET and is open to the public.

    About Surgent
    Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is a provider of the high-impact education experiences that accounting, tax and financial professionals need throughout their careers. For most of the company’s 35-year history, Surgent has been a trusted provider of the continuing professional education (CPE), continuing education (CE) and skill-based training that professionals need to maintain their credentials and stay current on industry changes. More recently, Surgent became one of the fastest-growing certification exam review providers, offering adaptive learning-based courses that help learners pass accounting and finance credentialing exams faster. Learn more at Surgent.com. 

    About KnowFully  
    KnowFully Learning Group provides continuing professional education, exam preparation courses and education resources to the accounting, finance and healthcare sectors. KnowFully’s suite of learning solutions helps learners become credentialed, satisfy required credit hours to maintain credentials, and stay informed on the latest trends and critical changes in their industries over the course of their careers. The company provides exam preparation and continuing education for accounting, finance and tax professionals under the Surgent Accounting & Financial Education brand. KnowFully’s healthcare education brands include CME Outfitters, CE Concepts, PharmCon, The Rx Consultant, ChiroCredit, IA Med, EMT & Fire Training Inc., Psychotherapy.net and American Fitness Professionals & Associates. For more information, please visit KnowFully.com.

    SOURCE: Surgent Accounting & Financial Education

    Contact:
    marketing@surgent.com

    A photo accompanying this announcement is available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/697a0e4f-d78c-414e-8545-08e12377070c

    The MIL Network –

    January 23, 2025
  • MIL-OSI: AutoScheduler.AI and Softeon Host LinkedIn Live Event: The Future of Warehouse Productivity: Strategies for Supply Chain Success

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 16, 2024 (GLOBE NEWSWIRE) — AutoScheduler.AI, an innovative Warehouse Orchestration Platform and WMS accelerator announces that Keith Moore, CEO of AutoScheduler.AI, and Mark Fralick, CTO from Softeon, will discuss on a LinkedIn Live session the future of warehouse productivity and the strategies that will define success in today’s supply chain. The free event occurs on October 31, 2024, at 1:00 PM EDT.

    As the warehouse management landscape evolves, businesses face increasing pressure to optimize operations, integrate advanced technologies, and respond to labor and demand volatility. In this session, Keith and Mark will explore the power of warehouse orchestration—a game-changing approach that combines automation, real-time data, and predictive analytics to maximize efficiency.

    Sign up for the Live Event at: https://www.linkedin.com/events/7252297224133451776/comments/

    “Whether your business is dealing with ongoing labor challenges or looking to future-proof your warehouse operations, this LinkedIn Live session will provide actionable insights to help you stay ahead in the rapidly changing world of supply chain management,” says Keith Moore, CEO of AutoScheduler.AI. “Don’t miss this opportunity to hear about the innovations shaping the future of warehouse productivity.”

    Attendees will learn:

    • How warehouse orchestration can optimize workflows, minimize downtime, and enhance labor productivity.
    • How to leverage technology to gain real-time operational visibility and improve decision-making.
    • What are the practical strategies for addressing the growing complexity of supply chain operations.

    As CEO of AutoScheduler.AI, Keith Moore is a warehousing visionary, working with top Consumer Goods, Food, Beverage, Retail, and Distribution companies to drive efficiencies and improve on-time, in-full fulfillment. He is focused on bringing advanced technologies like AI and ML to the supply chain in network optimization and warehouse orchestration. Keith holds multiple patents in neural architecture search and supply chain planning. He has been published in trade journals and industry groups like SupplyChainBrain, Inbound Logistics, ISSA, and OTC for his work in logistics, cyber security, and predictive maintenance applications.

    Mark Fralick serves as Softeon’s Chief Technology Officer, driving its architectural platform, deployment infrastructure, and operating platform. For his work as a WMS architect, he has been called the “Godfather of the Modern WMS.” Mark has been a leader in the Warehouse Management System sector for three decades and a pioneer in the development of WMS technologies. His expertise and strategic vision contribute to Softeon’s commitment to delivering cutting-edge technology solutions, emphasizing optimizing value for its clientele.

    About AutoScheduler.AI
    AutoScheduler.AI orchestrates warehouse activities directly on top of your WMS, optimizing operations for peak performance. Developed alongside industry leaders like P&G and successfully deployed at prominent companies such as Pepsi, General Mills, and Unilever, our AI and Machine Learning platform seamlessly integrates with your existing systems. Focused on labor planning, inventory workflow, human-robotics interaction, and space utilization, we streamline operations, reducing travel and inventory handling while maximizing OTIF rates and labor efficiency. With prescriptive analytics driving insights, our clients harness the power to enhance efficiencies and generate value across their supply chains. Reach out to us at info@autoscheduler.ai for more information.

    About Softeon
    Softeon is a WMS provider focused exclusively on optimizing warehouse and fulfillment operations. For over two decades now, we have been helping our customers succeed. Investing in R&D enables us to develop software to solve the most complex warehouse challenges. Softeon is laser-focused on customer results, with a 100% track record of deployment success. We believe warehouse leaders shouldn’t have to settle for a one-size-fits-all all approach to technology. For more information, please visit http://www.Softeon.com.

    Contact:
    Becky Boyd
    MediaFirst PR
    Becky@MediaFirst.Net
    Cell: (404) 421-8497

    The MIL Network –

    January 23, 2025
  • MIL-OSI Banking: Fannie Mae Forgoes Issuing Benchmark Notes on October 16, 2024 Announcement Date

    Source: Fannie Mae

    About Fannie Mae
    Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
    fanniemae.com | X (formerly Twitter) | Facebook | LinkedIn | Instagram | YouTube | Blog

    Media Contact
    Christopher Davis
    202-752-7724

    Fannie Mae Newsroom
    https://www.fanniemae.com/news

    Photo of Fannie Mae
    https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

    Fannie Mae Resource Center
    1-800-2FANNIE

    This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae’s applicable Offering Circular, and no reliance may be placed on the completeness or accuracy of the information contained in this press release.

    You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

    Benchmark Notes and Benchmark Securities are registered trademarks of Fannie Mae. Unauthorized use of these trademarks is prohibited.

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-OSI: Mountain America Named a Top Workplace by The Salt Lake Tribune

    Source: GlobeNewswire (MIL-OSI)

    SANDY, Utah, Oct. 16, 2024 (GLOBE NEWSWIRE) — Mountain America Credit Union has been ranked 4th out of 154 workplaces and is the highest-ranked financial institution to receive a Top Workplaces 2024 honor by The Salt Lake Tribune. This award is based on feedback from employees, collected through Energage, an independent employee engagement technology partner. The Salt Lake Tribune recently announced the rankings.

    “Achieving the Top Workplace status for 2024 is a testament to the dedication and enthusiasm of our teams,” said Trent Savage, chief human resources officer at Mountain America. “We are committed to creating a workplace where team members feel valued and motivated. This award reflects our efforts to foster a culture of growth and development.”

    A Media Snippet accompanying this announcement is available by clicking on this link.

    Mountain America is committed to maintaining a high-quality workplace culture by emphasizing collaboration, innovation, and service excellence. This recognition showcases the dedication of our team members and their commitment to making the credit union an exceptional place to work.

    “This award is a tribute to our dedicated team members who are the heart of Mountain America,” said Sterling Nielsen, president and chief executive officer at Mountain America. “Their feedback drives our continuous improvement and commitment to creating a workplace where everyone feels respected, supported, and empowered to succeed.”

    The 2024 Salt Lake Tribune Top Workplaces award is based entirely on feedback from an employee engagement survey. The confidential survey measures various aspects of the employee experience, including respect, support, growth opportunities, and empowerment.

    For more information about Top Workplaces, please visit https://topworkplaces.sltrib.com/

    About Mountain America Credit Union
    With more than 1 million members and $19 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with various convenient, flexible products and services and sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 100 branches across six states, and over 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com.  

    Contact: publicrelations@macu.com, macu.com/newsroom

    The MIL Network –

    January 23, 2025
  • MIL-OSI Canada: Transit investments in Cape Breton Regional Municipality

    Source: Government of Canada News

    News release

    Transit Cape Breton will have new buses on the road after an investment of more than $2.3 million from the federal government.

    Cape Breton Regional Municipality, Nova Scotia, October 16, 2024 — Transit Cape Breton will have new buses on the road after an investment of more than $2.3 million from the federal government.

    This project was announced today by Parliamentary Secretary Jaime Battiste, MP for Sydney-Victoria, Parliamentary Secretary Mike Kelloway, MP for Cape Breton-Canso, and Mayor Amanda McDougall-Merrill.

    Transit Cape Breton will buy two new traditional buses, two new hybrid accessible mini buses, and build five new bus shelters. This project will include the implementation of a new on-demand software that will make paratransit service more efficient by improving ride booking, cutting down route travel time, and increasing the capacity of the service. The project will also support the introduction of a new smart card fare payment system, a contactless payment service that will make paying transit fares faster and easier. 

    Quotes

    “Public transit in CBRM is vital to our community, helping residents get to school and work on time, providing an accessible way to get to meetings and appointments, and offering an affordable alternative to driving. Our government is proud to support these equipment and service upgrades to Transit Cape Breton, building a public transit system that Cape Bretoners can rely on.”

    Jaime Battiste, Parliamentary Secretary to the Minister of Crown-Indigenous Relations and Member of Parliament for Sydney–Victoria on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

    “Investments in Cape Breton Transit ensure that residents across CBRM from Howie Centre to Glace Bay can get to where they need to go with confidence. This project is going to make scheduling easier and day-to-day commutes better for residents of CBRM.”

    Mike Kelloway, Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard and Member of Parliament for Cape Breton–Canso

    “Today marks a significant step forward for our community as we announce vital funding for rural transit in the Cape Breton Regional Municipality. This investment through the Rural Transit Solutions Fund will enhance rural accessibility, connect communities, and support our growing population. Access to transportation is essential in building an inclusive and thriving community – this fund will open up opportunities for employment, education and social events to residents across the CBRM.” 

    Amanda McDougall-Merrill, Mayor of Cape Breton Regional Municipality

    Quick facts

    • The federal government is investing $2,380,000 in this project through the Rural Transit Solutions Fund (RTSF), and Cape Breton Regional Municipality is contributing $595,000.

    • The RTSF helps Canadians living in rural and remote areas get around their communities more easily. It supports the development of rural transit solutions, including new transit service models that could be replicated or scaled up.

    • The RTSF’s Capital Projects stream helps cover capital costs like the purchase of vehicles or digital platforms, as well as support for the purchase of zero-emission vehicles. This stream closed on February 28, 2024.

    • A minimum of 10% of RTSF’s funding is allocated to projects that benefit Indigenous populations and communities.

    • One in five Canadians live in rural communities. Rural communities in Canada account for nearly 30% of the nation’s gross domestic product.

    • The RTSF complements Canada’s strengthened climate plan: A Healthy Environment and a Healthy Economy. Through the plan the federal government has committed to providing federal funding for public transit in support of making clean and affordable transportation available in every community. 

    • The new Canada Public Transit Fund (CPTF) will provide an average of $3 billion a year of permanent funding to respond to local transit needs by enhancing integrated planning, improving access to public transit and active transportation, and supporting the development of more affordable, sustainable, and inclusive communities. 

    • Since 2015, the federal government has committed over $30 billion for public transit and active transportation projects. These historic investments have resulted in close to 2000 projects across the country.

    • The funding announced today builds on the federal government’s work through the Atlantic Growth Strategy to create well-paying jobs and strengthen local economies.

    • Federal funding is conditional on the signing of a contribution agreement.

    Associated links

    Contacts

    For more information (media only), please contact:

    Sofia Ouslis
    Communications Advisor
    Office of the Minister of Housing, Infrastructure and Communities
    Sofia.ouslis@infc.gc.ca

    Media Relations
    Housing, Infrastructure and Communities Canada
    613-960-9251
    Toll free: 1-877-250-7154
    Email: media-medias@infc.gc.ca
    Follow us on X, Facebook, Instagram and LinkedIn
    Web: Housing, Infrastructure and Communities Canada

    Rob MacNamara 
    Communications Advisor – Mayor’s Office
    Cape Breton Regional Municipality
    902-563-5297   
    rjmacnamara@cbrm.ns.ca

    MIL OSI Canada News –

    January 23, 2025
  • MIL-OSI Russia: VR developments, game design, online communities: the gaming industry festival took place at the HSE

    MILES AXLE Translation. Region: Russian Federation –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The festival “I want to go to gamedev!” has ended at the business school. It was organized by a team of teachers and graduates of the “Game Project Management” program. More than 220 representatives of the gaming industry gathered at the HSE campus on Shabolovka: from beginners to developers, scriptwriters and other gamedev professionals. The initiators of the project offered a vibrant program so that participants could immediately immerse themselves in showcase projects, master classes and discussions, lectures from industry gurus – neither theoretical nor practical aspects of game development were forgotten. The festival partner is the company “Virtual Glasses”.

    The showcase zone became a special highlight of the event – students of the Game Project Management program launched their projects here. One of them was the game Twilight Wars, created by graduates and teacher Sergey Golubkin, which was recently released in early access on the VK Play platform. Participants were lucky to see the premiere from the Terrabyte Games team and blogger Daria Ostrovskaya – the game Run Away from Me: Alexandra – and many other promising projects. The children’s development project KnigaKit, developed by a graduate of the program and winner of the All-Russian competition Start the Game, the stand of the Vengeance Games studio with their projects Azrael: Herald of the Death and Shadows of Vengeance, the cooperative shooter Ironwaste from the team of a 21games graduate.

    A separate area of the festival was dedicated to virtual and augmented reality technologies. The latest VR developments were tested here, such as the role-playing VR shooter “Dixotomia” and the new VR game “Smasher VR” from the BHS team.

    A special guest of the festival was Anastasia Shalunkova with the team of one of the largest communities of independent developers – “Gamedev Schrödinger”. They held a master class on creating mascots and organizing online communities and discussed with the participants the future of “Gamedev Schrödinger” and cooperation with regional developers. Together with them, partners from the All-Russian competition “Start the game” took part in the event, which became a social lift for many developers. They held many activities and presented branded gifts.

    The lecture part of the festival started with a greeting from Vyacheslav Utochkin, head of the Game Project Management program. The first speaker, Konstantin Sakhnov, producer and founder of Vengeance Games, talked about how to become a game designer, what skills are needed for this and how to prepare for work in the industry. Oleg Dobroshtan picked up the topic of project management and talked about the importance of assembling the right team and keeping it motivated. Sergey Chekmaev, writer, screenwriter, literary producer, member of the Board of the Union of Writers of the Russian Federation, and Nikolay Kalinichenko, Chairman of the Union of Writers of the Russian Federation, announced the release of books on game franchises. Vyacheslav Utochkin and Sergey Zykov, teachers of the Game Project Management program, together with representatives and members of the Union of Writers, presented a book in the RealRPG genre about a game designer who finds himself in the world of a game. The series of announcements was completed by the news about the opening of the Dzen Games Studio, created by future students of the “Game Project Management” program with the support of teachers.

    Ilya Boytsov, another speaker at the festival, founder of the Midhard studio, also a graduate and teacher of the HSB program, shared his experience of working in the gaming industry, spoke about the risks and successes of his path. The speech by Andrey Malakhov, game director of Mensa Studio, was devoted to pitching projects and evaluating ideas at the early stages of development.

    The final chord of the event was a round table, where invited experts and guests discussed current trends in game design. The discussion was attended by famous figures in the gaming industry: Konstantin Sakhnov, game producer and founder of the Vengeance Games studio, Vladimir Agarev, creative director of the Jay-Joy studio, Olga Maksimenkova, associate professor of the Faculty of Computer Science at the National Research University Higher School of Economics, and Denis Pozdnyakov, co-owner of the Vintorog and Contrast Games studios. The speakers discussed artificial intelligence in game development, the growth of indie projects, and new opportunities for developers through government funds and grants.

    The “I Want to Be in Gamedev!” festival at the Higher School of Business of the National Research University Higher School of Economics has become a landmark event for everyone interested in the gaming industry.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://gsb.hse.ru/nevs/975637470.html

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI United Kingdom: National Drought Group discusses preparations for extreme weather

    Source: United Kingdom – Executive Government & Departments

    Water resources are healthy following the wettest 12 months in England since 1836

    The changing climate means we will see more extreme weather in the coming years, the National Drought Group heard at its latest meeting today (16 October 2024), which was attended by Water Minister Emma Hardy.

    The Environment Agency chaired a routine meeting of the expert group today in which it was confirmed that water resources are currently healthy following the wettest 12 months (October 2023 to September 2024) on record in England. However, the Group discussed that flood and drought should be viewed as different sides of the same coin and England needs to be prepared for an increase of both in the coming years.

    Despite recent warnings about flood preparedness, the Environment Agency reiterated that droughts are likely to become more frequent and more severe in future, and we need to be ready for all rainfall scenarios. Extreme dry weather can come unexpectedly, as happened in the summer of 2022, and can impact our lives in various ways, including on agriculture. At the meeting, attendees heard about the challenges farmers and growers have experienced this year in managing the variable weather conditions. The importance of making the environment more resilient to the impacts of all weather extremes was also discussed.  

    It comes a week after the Environment Agency warned there were significant areas of under-delivery against water resource management plans, meaning improvements are needed in order to manage water supplies efficiently and sustainably.

    Chairing the meeting, Environment Agency Director of Water, Helen Wakeham said:

    Heavier rainfall and drier summers are the shape of things to come, and this will be an enormous challenge over the next few decades.  

    As well as preparing for floods, we must ensure we are resilient to drought, and we cannot be complacent even when water resources are healthy. 

    Water companies must deliver on their commitments to improve infrastructure and rollout smart water meters, but we can all take small steps to reduce demand such as installing a water butt to capture rain to water the garden.

    Water and Floods Minister Emma Hardy said:

    Population growth and climate change is putting tremendous pressure on our water system, and we all saw in 2022 how quickly drought can take hold.  

    We need to be prepared for all eventualities and the government is taking decisive action to improve the resilience of our precious water supplies.  

    This Government will secure investment to upgrade our crumbling water infrastructure, which in turn will help fix leaks and ensure water is used more efficiently.

    The National Drought Group – which includes the government, regulators, water companies, farmers, conservation experts and the Met Office   – heard about the current water resources situation:

    • The last 12 months has been the wettest October to September on record since 1836 for England. Some parts of the country received more than three times the average rainfall in September.

    • Reservoir storage across England was at 76% of total capacity at the end of September.

    • River flows in September were normal or higher at three-quarters of sites, with a third ‘exceptionally high’ for the time of year.

    • Groundwater levels usually continue to decline in September and, despite the wet weather, this is the case for the majority of sites. However, we are now seeing groundwater levels in early October rising in many aquifers in response to the exceptionally wet September. 

    Water resources

    By 2050, England will need to find an additional 5 billion litres of water a day to meet demand for public water supply. This is more than a third of the 14 billion litres of water currently put into the public water supply. To bridge the gap between supply and demand, proposed developments over the next three decades include nine new reservoirs. However, earlier this month the EA warned of under-delivery against these plans, noting that some water companies wouldn’t have had sufficient water supply to meet planned levels of resilience in the event of a drought last year.

    In the last six months, regulators – including the EA, Ofwat and Natural England – have been working with all water companies on their final 2025-2030 Water Resource Management Plans. National Drought Group members also heard that the EA will launch an eight-week public consultation in the coming weeks on how drought is managed in England, calling for public views on the document and input into its operational area drought plans.

    Further information

    The meeting follows recent measures announced by the government and the Environment Agency to drive improvements across the water sector.  

    • 100% of storm overflows are monitored which helps the Environment Agency to inspect water companies and ensure they are operating within their permits. 

    • The EA is implementing a fourfold increase in water company inspections to hold companies to account – 4000 will be carried out by the end of March 2025, and 10,000 in 2025/26. 

    • The EA is recruiting up to 500 additional staff and using more data-driven analytics to identify any non-compliance and take action.  

    • The EA is conducting its largest ever criminal investigation into potential widespread non-compliance by water and sewerage companies at thousands of sewage treatment works. Tough enforcement action has already led to over £151m in fines since 2015.   

    • In his first week, the Secretary of State for Environment Food and Rural Affairs Steve Reed announced a series of initial steps towards ending the crisis in the water sector.

    • After writing to Ofwat, the Secretary of State has secured agreement that funding for vital infrastructure investment is ringfenced and can only be spent on upgrades benefiting customers and the environment. Ofwat will also ensure that when money for investment is not spent, companies refund customers, with money never allowed to be diverted for bonuses, dividends or salary increases.

    • Water companies will place customers and the environment at the heart of their objectives. Companies have agreed to change their ‘Articles of Association’ – the rules governing each company – to make the interests of customers and the environment a primary objective.

    • There will be strengthened protection and compensation for households and businesses when their basic water services are affected. Subject to consultation, the amount of compensation customers are legally entitled to when key standards are not met will more than double. The payments will also be triggered by a wider set of circumstances including Boil Water Notices.

    • The Secretary of State has announced that the Government will be carrying out a review to fundamentally transform how our water system works and clean up our rivers, lakes and seas for good.

    • The Water (Special Measures) Bill has been introduced to Parliament. It will:

      • Strengthen regulation to ensure water bosses face personal criminal liability for lawbreaking.
      • Give the water regulator new powers to ban the payment of bonuses if environmental standards are not met.
      • Boost accountability for water executives through fitness and proprietary tests.
      • Introduce new powers to bring automatic and severe fines.
      • Require water companies to install real-time monitors at every sewage outlet with data independently scrutinised by the water regulators.

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    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Banking: Find cheaper airfare with this new Google Flights feature

    Source: Google

    Google Flights adds new “Cheapest” tab for budget flights<meta name="optimize_experiments" content="[]"><meta name="description" content="We’re adding a new “Cheapest” tab on Google Flights that shows more options with lower prices."><meta name="keywords" content="None"><meta name="article-author" content="Wishy Arora"><meta name="robots" content="max-image-preview:large"><meta property="og:type" content="article"><meta property="og:title" content="Find cheaper airfare with this new Google Flights feature"><meta property="og:description" content="We’re adding a new “Cheapest” tab on Google Flights that shows more options with lower prices."><meta property="og:image" content="https://storage.googleapis.com/gweb-uniblog-publish-prod/images/Ink_GoogleFlightFeatureCheapestAirfare.width-1300.png"><meta property="og:site_name" content="Google"><meta property="og:url" content="https://blog.google/products/search/google-flights-cheapest-tab/"><meta property="article:publisher" content="https://www.facebook.com/Google/"><meta property="article:published_time" content="2024-10-16"><meta name="twitter:card" content="summary_large_image"><meta name="twitter:url" content="https://blog.google/products/search/google-flights-cheapest-tab/"><meta name="twitter:title" content="Find cheaper airfare with this new Google Flights feature"><meta name="twitter:description" content="We’re adding a new “Cheapest” tab on Google Flights that shows more options with lower prices."><meta name="twitter:image:src" content="https://storage.googleapis.com/gweb-uniblog-publish-prod/images/Ink_GoogleFlightFeatureCheapestAirfare.width-1300.png"><meta name="twitter:site" content="@google"><link rel="preconnect" href="https://fonts.googleapis.com"><link rel="preconnect" href="https://fonts.gstatic.com" crossorigin=""><link rel="stylesheet" type="text/css" href="/static/keyword/css/blog/index.min.css?version=pr20241003-1647"><link rel="stylesheet" href="https://fonts.googleapis.com/css?family=Google+Sans:400,500,600,700%7CProduct+Sans:400&display=swap&lang=en"><link href="https://fonts.googleapis.com/css2?family=Noto+Color+Emoji&display=swap" rel="stylesheet"><link href="https://www.gstatic.com/glue/cookienotificationbar/cookienotificationbar.min.css" rel="stylesheet"><link rel="stylesheet" type="text/css" href="/static/keyword/css/print/index.min.css?version=pr20241003-1647" media="print"><link rel="canonical" href="https://blog.google/products/search/google-flights-cheapest-tab/"><link href="/favicon.ico" rel="icon"><link href="/static/blogv2/images/apple-touch-icon.png" rel="apple-touch-icon"><meta property="gtm-tag" content="GTM-TRV24V"></p> <article class="uni-article-wrapper"> <section class="article-hero"> It shows you the lowest airfare options, even if they’re not the most convenient.<br />You might have to make some trade-offs, like longer layovers or flying to a different airport.<br />Book your holiday flights in October to get the best deals.Cheapest fares revealed<br />For those who dare to saveCreative itineraries<br />Lowest prices await</p> </section> </article> <p>

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-OSI: BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP) – Final NAV

    Source: GlobeNewswire (MIL-OSI)

    BOUSSARD & GAVAUDAN HOLDING LIMITED
    Ordinary Shares

    The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company.

    Close of business 30/09/2024.

    Final NAV

      Euro Shares Sterling Shares
    Final NAV €    28.3678 £    25.4989
    Final MTD return     -1.23 %     -0.89 %
    Final YTD return      2.98 %      3.78 %
    Final ITD return    183.68 %    154.99 %

    NAV and returns are calculated net of management and performance fees

    For further information please contact:

    Boussard & Gavaudan Investment Management, LLP.
    Emmanuel Gavaudan +44 (0) 20 3751 5389       Email    : info@bgam-uk.com

    The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the “Shares”) are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc’s main market for listed securities.

    This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

    Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the “Investment Company Act”). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States.

    You should always bear in mind that:

    • all investment is subject to risk;
    • results in the past are no guarantee of future results;
    • the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and
    • if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice.

    This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice.

    Attachment

    • BGHL – Final NAV 09.30.24

    The MIL Network –

    January 23, 2025
  • MIL-OSI Security: Houston Man Guilty in $160 Million Medicare Fraud Scheme

    Source: Federal Bureau of Investigation FBI Crime News (b)

    HOUSTON – A 59-year-old Houston man has been convicted of all 15 counts as charged for heading a massive Medicare fraud scheme involving the fraudulent billing of expensive topical creams, announced U.S. Attorney Alamdar S. Hamdani.  

    The jury deliberated for less than five hours before convicting Mohamad Mokbel following a 10-day trial. 

    From 2014 through 2021, Mohamad Mokbel led a company called 4M Pharmaceuticals which operated 14 pharmacies with straw owners. The jury heard evidence that Mokbel illegally purchased thousands of Medicare beneficiaries, including their identification number, personal health and physician information. Mokbel targeted elderly diabetic patients who are dependent on diabetic testing supplies to manage their blood sugar levels. Mokbel paid $16 to $40 per Medicare beneficiary.  

    To maximize reimbursements and without regard for medical necessity, Mokbel then directed 4M employees to use the Medicare beneficiaries’ patient data to run insurance claims to determine if Medicare or other insurance plans would cover and reimburse at a high rate for the topical creams, Omega-3 pills and other medications that Mokbel intended to sell through 4M pharmacies.

    At Mokbel’s direction, 4M employees would then fax pre-filled prescription requests to the patients’ doctors appearing to be for diabetic testing supplies with topical creams added at the bottom. They also included false representations that the patient was requesting a 4M Pharmacy fill their medications. In reality, Mokbel had previously purchased the patient’s personal information, the patient had not selected a 4M Pharmacy and the patient was often unaware the request was being made on their behalf. 

    Many doctors apparently took the representations in the fax at face value and did sign and send back the prefilled prescription requests to 4M. Mokbel’s call center in Houston and later in Egypt then contacted the patients and made false and misleading statements about the topical cream and their doctor’s order. Mokbel’s pharmacies then shipped out numerous topical creams, often on auto-refill, and excessively billed Medicare, Medicaid and private insurance plans. 

    Mokbel made over $200 million as a result of the scheme. 

    From 2015 through 2020, Mokbel also corruptly gave a series of bribe payments, ranging from $2,000 to $5,000 and totaling over $188,000 an employee of a pharmacy benefits manager – OptumRx – in exchange for favorable treatment for 4M pharmacies. They were credentialed and recredentialed with OptumRx which allowed them to enter into retail network agreements with OptumRx, participate in the Medicare Part D program and submit claims for prescriptions for Medicare beneficiaries. Mokbel also received information and advice about responding to audits and preventing and/or delaying OptumRX termination of many 4M pharmacies.

    U.S. District Judge Lee H. Rosenthal accepted the verdict and set sentencing for Jan. 7, 2025. At that time, Mokbel faces up to 20 years for conspiracy to commit mail fraud and health care fraud, 10 years for each of five counts of health care fraud, each of six counts of money laundering and one count of bribery concerning programs receiving federal funds as well as five years for

    conspiracy to violate the Anti-Kickback Statute and conspiracy to commit bribery. He could also be ordered to pay up to a total of $4 million in fines and possible restitution in excess of $160 million.      

    Previously released on bond, Mokbel was taken into custody pending sentencing.

    The FBI, IRS Criminal Investigation, Homeland Security Investigations, Department of Health and Human Services, Food and Drug Administration and the Texas Attorney General Medicaid Fraud Control Unit conducted the investigation. Assistant U.S. Attorneys Kathryn Leigh Olson and Adam Laurence Goldman are prosecuting the case.

    MIL Security OSI –

    January 23, 2025
  • MIL-OSI: WENDEL: Wendel completes the acquisition of c.50% of Globeducate, a leading international K-12 education group

    Source: GlobeNewswire (MIL-OSI)

    PRESS RELEASE – OCTOBER 16, 2024

    Wendel completes the acquisition of c.50% of Globeducate, a leading international K-12 education group

    Wendel (Euronext: MF.FP) has completed the acquisition of c.50% of Globeducate, one of the world’s leading international K-12 education groups, from Providence Equity Partners, (“Providence”), a premier private equity firm specializing in growth-oriented investments in media, communications, education and technology.

    Wendel invested €625 million of equity, at an Enterprise Value of c.€2 billion1, to join Providence, which has been the Globeducate reference shareholder since 2017, and both firms will now own c.50% of the group.

    Founded in 1972 in Spain, Globeducate provides K-12 (primary and secondary) education through a network of 67 premium bilingual and international schools, as well as online programs, across 11 countries mostly in Europe. The Group employs more than 6,000 people, including 4,000 highly qualified teachers.

    Globeducate schools provide more than 40,000 students with a world-class education adhering to high academic standards. Globeducate students representing a wide range of backgrounds, benefit from a comprehensive and innovative educational experience – as well as first-class pastoral care – to prepare them to become ‘global citizens who can shape the world’. Many students achieve top grades and are typically accepted into higher education programmes at 50 of the world’s top 100 universities. School facilities are modern and well-appointed, having benefited from significant investment in recent years. Importantly, Globeducate aligns closely with Wendel’s strategy and values.

    Providence has been the majority shareholder of Globeducate since 2017. Under Providence’s ownership, Globeducate has delivered double-digit average annual revenue growth through a combination of organic growth new developments, and accretive external growth, with 23 international accretive acquisitions completed over the period and opportunities in the pipeline.

    Globeducate is expected to achieve revenue2 of c.€440 million, c.80% of which would be generated in Europe, and EBITDA3 of c.€120 million in its financial year ending August 2025.

    Agenda

    Thursday, October 24, 2024

    Q3 2024 Trading update – Publication of NAV as of September 30, 2024 (post-market release)

    Thursday, December 6, 2024,

    2024 Investor Day.

    Wednesday, February 26, 2025

    Full-Year 2024 Results – Publication of NAV as of December 31, 2024, and Full-Year consolidated financial statements (post-market release)

    Thursday, April 24, 2025

    Q1 2025 Trading update – Publication of NAV as of March 31, 2025 (post-market release)

    Thursday, May 15, 2025

    Annual General Meeting

    Wednesday, July 30, 2025

    H1 2025 results – Publication of NAV as of June 30, 2025, and condensed Half-Year consolidated financial statements (post-market release)


    1 EV including IFRS 16 impacts. Excluding IFRS 16, EV stands at c.€1.86 billion.

    2 Including ongoing acquisitions under exclusivity (c.€25 million).

    3 Including ongoing acquisitions under exclusivity (c.€9 million). Including IFRS 16 impacts. EBITDA excluding IFRS 16 impacts stands at c.€96m.

    Attachment

    • Closing Globeducate_10.16.2024

    The MIL Network –

    January 23, 2025
  • MIL-OSI: BOUSSARD AND GAVAUDAN HOLDING LIMITED (EUR) – Final NAV

    Source: GlobeNewswire (MIL-OSI)

    BOUSSARD & GAVAUDAN HOLDING LIMITED
    Ordinary Shares

    The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company.

    Close of business 30/09/2024.

    Final NAV

      Euro Shares Sterling Shares
    Final NAV €    28.3678 £    25.4989
    Final MTD return     -1.23 %     -0.89 %
    Final YTD return      2.98 %      3.78 %
    Final ITD return    183.68 %    154.99 %

    NAV and returns are calculated net of management and performance fees

    For further information please contact:

    Boussard & Gavaudan Investment Management, LLP.
    Emmanuel Gavaudan +44 (0) 20 3751 5389       Email    : info@bgam-uk.com

    The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the “Shares”) are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc’s main market for listed securities.

    This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

    Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the “Investment Company Act”). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States.

    You should always bear in mind that:

    • all investment is subject to risk;
    • results in the past are no guarantee of future results;
    • the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and
    • if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice.

    This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice.

    Attachment

    • BGHL – Final NAV 09.30.24

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Bitget Wallet Becomes The Second Most Downloaded App Closing in on Binance

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 16, 2024 (GLOBE NEWSWIRE) — Bitget Wallet, the leading Web3 non-custodial wallet, has seen nearly 6 million app downloads in September, becoming the second most downloaded crypto app worldwide trailing Binance and surpassing the majority of Web3 wallets and crypto exchanges in new user adoption. Bitget Wallet has also announced the milestone of surpassing 40 million users globally, increasing over 100% since March 2024. This significant growth positions Bitget Wallet as the fastest-growing decentralized wallet this year, and shows the growing demand for decentralized solutions, positioning them as primary entry points into Web3.

    Key Drivers Behind Explosive Growth

    Several key factors have fueled Bitget Wallet’s impressive growth. Its intuitive user interface and robust product features make decentralized finance accessible, particularly for first-time crypto users. The wallet seamlessly integrates all of Web3 in one app—including asset management, swaps, launchpads, crypto trading, staking, and a DApp explorer—into a single platform. A pivotal aspect of its growth this year has been the integration with TON ecosystem and Telegram, which has facilitated user access to wallet services directly within the popular messaging platform, bridging Web2 users into Web3. In Q3 alone, the wallet saw an incredible 4886% growth in TON onchain addresses. Additionally, Bitget Wallet has gained significant traction in emerging markets, allowing for a smooth onboarding experience for new users entering crypto space. Notably, Bitget Wallet saw the strongest user growth in Q3 recorded in regions like Africa with a staggering 413% increase, followed by South Asia at 126% and the Middle-East at 105%.

    Decentralized Wallets: The Future Gateway to Web3

    Bitget Wallet’s rapid expansion signifies a broader trend in the industry: decentralized wallets are emerging as essential gateways to Web3, increasingly competing with centralized exchanges in terms of user base and functionality. More wallets are now working directly with Web2 platforms, such as payment solutions and social messaging apps, to increase the usability of tokens directly from self-custodial wallets. However, the Web3 landscape still faces challenges, particularly in terms of user retention. While onboarding has become easier, retaining users within decentralized ecosystems can be difficult due to limited real-world use cases and complex user interfaces. Therefore, it is critical to develop user-friendly applications and facilitate seamless interactions to ensure long-term engagement in this evolving digital landscape.

    Seamless Integration of All Web3 Services in One App

    Since its founding in 2018, Bitget Wallet has established itself as a comprehensive Web3 hub. It supports 100+ blockchains, 20,000+ DApps and millions of tokens onchain, positioning it among the largest decentralized marketplaces. The wallet’s seamless swap feature allows for fast and cost-effective token exchanges, sourcing the best prices by aggregating liquidity from 100+ DEXes. In Q3, swap activity on Bitget Wallet grew 125%, while DApp activities increased 128%, and token transfers jumped by 175%, reflecting the rising adoption of decentralized financial services. Furthermore, its advanced tools—including full candlestick charts, Smart Money Alerts and hot token discovery—provide users with real-time, in-depth market insights to make informed trading decisions. With a focus on security, Bitget Wallet includes features such as keyless MPC wallet, on-chain fund tracking, and a $300 million user protection fund, ensuring a safe and user-friendly experience.

    A Vision for the Future of Web3

    Alvin Kan, COO of Bitget Wallet, remarked, “Surpassing 40 million users is a testament to our vision of making crypto accessible to everyone, everywhere. Bitget Wallet registered nearly 6 million downloads in a month, closing in on top exchanges signaling that decentralized wallets are catching up with centralized platforms, and we’re excited to be leading this shift. Our mission is clear: to provide a secure and user-friendly gateway to Web3 for the next billion users.” He added, “The future of Web3 depends on how effectively we bridge the gap between Web2 and Web3. By integrating with platforms like Telegram, we’re simplifying crypto adoption for mainstream users and creating tools that enable seamless interaction with decentralized platforms. Decentralized wallets will evolve to serve as one of the primary entry points for billions of new users exploring Web3 for the first time.”

    About Bitget Wallet

    Bitget Wallet stands as one of the world’s leading non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is well-poised to develop a burgeoning DeFi ecosystem through co-creation and strategic incubation. Aside from a powerful Swap function, Bitget Wallet also offers multi-chain asset management, smart money insights, a native Launchpad, Inscriptions Center, and an Earning Center. Supporting over 100 major blockchains, 500,000+ tokens, and a wide array of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

    For more information, visit: Website | Twitter | Telegram | Discord

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6a37bd8e-f170-43d7-8fa3-eb6f0cbf64da

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3f73fa7d-5f9f-4607-9f22-0dae149abbb4

    The MIL Network –

    January 23, 2025
  • MIL-OSI Global: Assisted dying bill enters parliament – how likely is it to become law?

    Source: The Conversation – UK – By Daniel Gover, Senior Lecturer in British Politics, Queen Mary University of London

    Labour backbench MP Kim Leadbeater has introduced a bill in the House of Commons that aims to legalise assisted dying in England and Wales.

    Leadbeater is not a member of the government, but has been able to introduce the terminally ill adults (end of life) bill after topping this session’s private members’ bill ballot in September.

    It’s almost a decade since MPs last voted on assisted dying. Back then, the Conservatives had a majority. Now, the tables have turned and Labour has a large majority. However, it’s not yet clear whether the current cohort of MPs would back this momentous change.


    Want more politics coverage from academic experts? Every week, we bring you informed analysis of developments in government and fact check the claims being made.

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    Leadbeater’s bill faces additional procedural challenges. Private members’ bills – legislation sponsored by individual MPs rather than the government – face a precarious route onto the statute book. They are highly vulnerable to objections, even if only from a small number of MPs.

    While private members’ bills go through the same basic process to become law as government-sponsored legislation, they are awarded only limited parliamentary time. There are only 13 Fridays per session (typically a year) when these bills are discussed in the House of Commons.

    A House of Commons staffer draws lots in the private members’ bill ballot in September.
    UK Parliament/Flickr, CC BY-NC-ND

    Challenge 1: second reading

    The first major test for this bill will be its second reading stage, due on November 29. For backbench bills, and especially those that are contentious, this stage can be tricky.

    Private members’ bills aren’t “programmed” like government bills, which means there is no mechanism for allocating more time to their discussion if needed. So, it only takes a small numbers of MPs to frustrate a bill’s progress by talking at length to run down the clock.

    To prevent this, supporters can attempt to move the “closure” – a motion to end the debate and make a decision. This, however, requires at least 100 MPs to vote in support – a difficult feat on Fridays, when most MPs are in their constituencies. This problem was illustrated earlier this year on a bill to outlaw conversion therapy. However, on a bill of this profile, there is a good chance of passing the closure.

    For Leadbeater’s bill, simply getting a vote at this stage would be an important accomplishment. It would mean that for the first time since 2015 – also on a backbench bill – the opinion of the Commons could be tested on assisted dying.

    Challenge 2: public evidence?

    Assuming the assisted dying bill passes the second reading stage, it would then be sent to a public bill committee for detailed consideration.

    Some major social changes have come about over the years because of backbench bills.
    Flickr/UK Parliament, CC BY-NC-ND

    Unlike for government bills, this committee cannot, by default, hold public evidence sessions on backbench bills. For a reform of this significance, though, we should expect pressure from some MPs for an exception to be made to allow outside bodies – such as campaign groups, religious organisations and medical professionals – to submit evidence. This would delay the bill’s passage a little, though this need not be lengthy.

    Challenge 3: report stage

    The bill’s biggest test is likely to be at report stage – most likely on April 25 next year. This is when the bill returns to the House of Commons chamber.

    Conventional wisdom is that this stage is often fatal for contentious backbench bills, since opponents can propose large numbers of amendments to the legislation, requiring many separate decisions to be made and time to be drained. Even if supporters attempt to move the closure, with enough amendments they may still run out of time. Something like this nearly happened on an EU referendum bill in 2013.

    Yet, this conventional wisdom may be outdated. The speaker of the house routinely groups report-stage amendments together, reducing the number of separate decisions – and in recent years the norm has been a single group. Since 2019, there has never been more than one group of amendments up for consideration on any private member’s bill. If the speaker follows this recent practice, it may be easier to get the bill through report stage.

    Challenge 4: out of time?

    It is quite possible the assisted dying bill could overcome all these procedural hurdles. But if not, ministers may need to step in to set aside some of the government’s own parliamentary time to discuss the bill further.

    Government time for backbench bills has been rare in recent years, although it did occur in 2019 during the passage of a bill to strengthen the laws around female genital mutilation. But there are some striking historical precedents.

    In the 1960s, private members’ bills were used to pass major social reforms on the laws around homosexuality and abortion, and to abolish the death penalty. In all three cases, the government stepped in to dedicate extra time in the face of attempts to slow these bills’ progress.

    Challenge 5: up to the Lords

    If the bill makes it past these stages, then it also has a good chance of completing its final House of Commons (third reading) stage. But it would then need to complete a similar process in the House of Lords. While there are not quite the same time pressures in this chamber – notably, it does not have the same system of 13 Fridays – there is also no programming for any bills.

    It is hard to predict exactly how the Lords would respond to an assisted dying bill. There have been multiple previous attempts to legislate on this matter over the years. The last time one reached committee stage, in 2015, it got bogged down with amendments and made it no further.

    Leadbeater’s bill will be helped by another bill on assisted dying, started in the House of Lords by Labour peer Charlie Falconer. This is scheduled for debate in the coming months and may help identify and resolve some of the detailed points of contention – though this is not guaranteed.

    It would be unusual, though not impossible, for the Lords to fail to pass a private member’s bill agreed by the House of Commons. Since 2010, there appear to have been only two that were actively held up in the Lords – as opposed to just running out of time. Even so, a small number of determined opponents to assisted dying could make life difficult.

    Were this to happen – at this point an extreme hypothetical – one option available to MPs would be to re-introduce the bill in the subsequent session, perhaps from the new crop of ballot bills. Under the provisions of the Parliament Act(s), this bill might then be eligible to become law without the assent of the Lords. Such a situation very nearly occurred this year on another backbench bill, on hunting trophies, though the timing of the general election intervened.

    Despite these procedural hurdles, the assisted dying bill has a reasonably good chance of passing into law. In the end, much will depend on whether MPs are willing to back this change, and how determined they are to do so.

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

    – ref. Assisted dying bill enters parliament – how likely is it to become law? – https://theconversation.com/assisted-dying-bill-enters-parliament-how-likely-is-it-to-become-law-241498

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Three ways the upcoming UN biodiversity summit could make a difference

    Source: The Conversation – UK – By Harriet Bulkeley, Professor of Geography, Durham University

    Projects on the Indus River in Pakistan are helping to tackle biodiversity loss. Salik Javed/Shutterstock

    When negotiations at Cop15 – the UN’s biodiversity conference – ended in December 2022, many delegates breathed a sigh of relief.

    Threatening snowstorms outside the convention centre in Montreal, Canada seemed to lift just as the political weather changed and the long-awaited Kunming-Montreal global biodiversity framework was agreed. It’s mission: to halt and reverse biodiversity loss by 2030 in order to achieve the ultimate goal of a society living in harmony with nature by 2050.

    Fast forward two years and governments, businesses, representatives of Indigenous people and local communities, experts from environmental groups such as the World Wildlife Fund (WWF) and scientists will gather for the follow-up Cop16 meeting in Cali, Colombia, from October 21. Many due to attend, including myself, wonder whether the promise made to “halt and reverse biodiversity loss by 2030” is achievable.

    Initial signs are not promising. For starters, no international targets for biodiversity have ever been met.

    Only a handful of countries, including China, Canada and France, have submitted new national biodiversity plans demonstrating how they will implement the promises made two years ago. Most countries, including the UK, (that’s more than 80% in total) haven’t submitted their full plans.

    Countries can also submit updates for the 23 targets listed in the framework. The UK and others have submitted targets such as promising to reduce the impact of pollution on nature and ensuring that 30% of land is effectively protected in line with the framework.

    But crucial questions remain about how those goals will be reached. To make Cop16 effective, three things need to happen.

    1. Decide on a plan

    When delegates gather in Cali, questions of implementation will be front and centre of the negotiations. The first challenge is that the approach for monitoring progress on all 23 targets – including issues such as improving access to nature in cities, reducing harmful subsidies and restoring 30% of degraded ecosystems – is yet to be agreed.

    For some, the approach that has been developed so far lacks ambition in crucial areas. Indicators suggested for monitoring progress on reducing the impacts of consumption on nature remain very weak for example. For others, it may prove too challenging.

    For example, countries with limited access to data might not be able to track alien species or assess how critical services provided by nature to make societies more resilient might be affected by climate change. Getting agreement at the Cop16 negotiations will be vital in order to hold countries to account as the 2030 deadline set to achieve all of the targets approaches.

    2. Find the funds

    Another crucial issue is funding: who will pay for the action required? The global biodiversity framework fund (GBFF) was established in 2023 to provide financial support.

    Yet so far, it has only attracted contributions of around US$230 billion (£176 billion) from a small group of countries including Canada, the UK, Germany, Japan and Spain. Leaders gathering in Cali, and especially those from developing countries, are calling for more funding and for greater control over how it is allocated.

    The next UN biodiversity conference will be held in Cali, Columbia from October 21 to November 1.
    Tudoran Andrei/Shutterstock

    3. Make biodiversity matter

    A third debate will decide how best to ensure that biodiversity action is mainstreamed across governments, businesses and communities.

    In Montreal, countries agreed to make sure that the impacts on nature were considered across different policy areas (such as building new roads or developing new energy sources) and in economic sectors, from fishing to agriculture and mining to tech.

    They agreed that groups most likely to be affected by the loss of nature, including Indigenous people and local communities, women and youth, should help make key decisions. While targets such as protecting 30% of the land and sea for nature are crucial, progress will only happen if nature is put on everyone’s bottom line.

    Delivering real change

    The urgent need for action is not lost on delegates gathering in Cali. There is a real risk that the promise countries made in Montreal to deliver “transformative action by governments, and regional and local authorities, with the involvement of all of society” won’t be met.

    But there are some hopeful signs of transformative change to conserve and restore nature and ensure its sustainable use.

    Take, for example, the Tree Equity Partnership in Detroit, US. This partnership between the city, US-based charity American Forests and the local non-profit charity Greening of Detroit aims to plant 75,000 trees. This will create places of beauty, biodiversity and climate resilience in underserved neighbourhoods and generate 300 new jobs in the city.

    In Pakistan, the Living Indus initiative is an umbrella organisation that has identified 25 projects involving local and regional governments, businesses and communities working together to restore the ecological health of the Indus river.

    Businesses are also calling for real change. More than 170 investors have signed a pledge developed by a coalition of financial institutions called the Finance for Biodiversity Foundation to take action for nature across their portfolios.

    New science-based standards are being developed to drive the mainstreaming of biodiversity action through their companies and associated supply chains. Cop16 is expected to see increased interest from the private sector and a focus on tackling climate change and biodiversity together.

    These projects are successfully tackling the root causes of global biodiversity loss. They integrate solutions and deal with social and environmental issues – poverty and exploitation, climate risks and land use change. Tackling these problems is just as vital as the need for sustainable production and consumption plus investment that works for, not against, nature.

    Projects such as these are the ones that give scientists and conservationists like me – and organisations like WWF that I work with – hope. We want to see more projects that take action on nature, climate and social justice together. If Cop16 can make even a small step in this direction, the world will be travelling towards making real progress by the end of this decade.



    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 35,000+ readers who’ve subscribed so far.


    Harriet Bulkeley receives funding from the European Commission and currently serves as an advisor to the UK Department of Environment, Food and Rural Affairs.

    – ref. Three ways the upcoming UN biodiversity summit could make a difference – https://theconversation.com/three-ways-the-upcoming-un-biodiversity-summit-could-make-a-difference-240225

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Award-winning bullfighting documentary likely to anger aficionados and abolitionists alike

    Source: The Conversation – UK – By Duncan Wheeler, Professor in Spanish Studies, University of Leeds

    Every year the Spanish ministry of culture awards prizes for different artistic disciplines. From next year onwards, the country’s national bullfighting award will be withdrawn. The current Spanish minister of culture, the Barcelona-born Green politician Ernest Urtasun, supports the prohibition of what has long been known as Spain’s “national fiesta”.

    At the awards ceremony held at the Reina Sofia Museum last week, the minister refused to applaud this year’s winner for “sustained excellence in bullfighting”, Julián López El Juli, the recently retired Madrid-born matador. El Juli retorted to the slight by holding out his hand and publicly calling out the minister’s lack of respect as evidence that he was unfit to hold office.

    Bullfighting predates football as a form of mass entertainment, and has been a source of inspiration for artists and intellectuals for centuries. It still has its followers in the present day, but young urban Spaniards are increasingly sensitive to the undeniable cruelty involved. Bullfighting was banned in Catalonia in 2011. Bullfights, known as corridas, are still staged in much of the rest of Spain, but it can be career suicide for artists, politicians or intellectuals to be associated with them.

    So I, like many in Spain and the Basque Country, didn’t expect the jury of the 72nd San Sebastian Film Festival to award its highest accolade, the Concha de Oro (Golden Shell), to a bullfighting documentary. The director of Tardes de Soledad (Afternoons of Solitude) is Albert Serra, an iconoclastic filmmaker from Gerona, a fiercely pro-independence province of Catalonia.

    The trailer for Tardes de Soledad.

    For five years, Serra and his crew have been following the exploits of two rising stars with the ambition to become figuras, the term for that handful of elite matadors like El Juli, who appear on the most lucrative and prestigious bills.

    Bullfighting and the screen arts have history in and beyond Spain. During cinema’s infancy, early filmmakers the Lumière brothers filmed matadors in Madrid. At annual village fairs, Spaniards would pay to enter a tent and watch recordings of professional corridas. The Valencian Vicente Blasco Ibánez’s 1908 novel Blood and Sand has a strong claim to being the earliest literary text to be written with a future film adaptation in mind.

    In 1951, Hollywood actress Ava Gardner (a close friend of Ernest Hemingway, author of bullfighting novel Death in the Afternoon) starred alongside Catalan matador Mario Cabré in Pandora and the Flying Dutchman, which featured corridas in Gerona (the city’s bullring was demolished in 2006). Spanish television started broadcasting bullfights in 1956. Nearly 70 years later, Movistar Spain shut down its dedicated bullfighting channel in March 2023.

    Oscar-winning writer and director Pedro Almodóvar – who received a lifetime achievement award at San Sebastian this year – has his Madrid offices close to the world’s premiere bullring, Las Ventas. In 1986 he portrayed the world of bullfighting in Matador, starring a very young Antonio Banderas, later returning to the subject in Talk to Her (2002).

    This film, which won Almodovar the Oscar for best screenplay, contains scenes in which a female matador is gored in the picturesque bullring in Aranjuez. The British Board of Film Censorship insisted on cuts, and Almodóvar faced legal challenges from animal rights groups. According to Spanish law, corridas are permitted and can be filmed. The legal situation becomes thornier if a bull is killed by a professional matador for the sole purposes of the event being captured on film.

    The trailer for Talk to Her.

    Documenting the glory and the horror

    Nothing is staged for Serra’s documentary. He followed the Peruvian Andrés Roca Rey, a box-office phenomenon often dismissed by serious aficionados as a crass populist; and the more refined Pablo Aguado, a native of Seville.

    Serra connected better with Roca Rey, capturing his fears and solitude in an often hostile professional environment. Pay-for-view television channel Canal+ set a new gold standard for broadcasting bullfights with technical panache. Serra makes no attempt to replicate this labour. Placing the camera at the eye level of the bull and the matador results in a far more graphic and gruesome spectacle.

    The Catalan filmmaker is amongst world cinema’s masters of sound design, and the audience is privy to the bull’s breathing as well as conversations between the matador and his team once the afternoon’s activities in the sand have come to a bloody conclusion.

    Tardes de Soledad is likely to anger and unnerve aficionados and abolitionists alike. Industrial farming is arguably crueller than bullfighting, but recognising this fact is not automatically a defence of the “national fiesta”. It might just be that any hypothetical prohibition needs to framed alongside a wider reassessment of our relationship with, and responsibility to, non-human creatures.

    Some abolitionists suggest that, even though bulls are sold for meat afterwards, it is death and torture being employed for entertainment that renders corridas so problematic. Psychological desensitisation is a real risk, especially when children are in attendance.

    Aficionados claim bullfighting is a rare opportunity to address our own mortality in a society in which death and nature are increasingly kept at a distance. Almodóvar’s pristinely shot bullfighting scenes nevertheless show how ritualised beauty – the vivid stylised outfits, the music, the choreography and the architecture – often divert attention from the blood.

    Serra’s harrowing footage might even shake some enthusiasts out of their complacency. Can so much animal and human suffering be justified in the name of an ancestral art? Conversely, Tardes de Soledad registers the poetry, pain and pathos of bullfighting in and beyond the arena. Dialogues between Roca Rey and his entourage establish a new benchmark for depicting the interior world of a matador, more unforgiving and empathetic than anything by Hemingway.

    A rallying call at anti-bullfighting demonstrations is: “It’s not culture, it’s torture.” Serra’s documentary warrants the Concha de Oro for showing the terms are not mutually exclusive.



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


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

    – ref. Award-winning bullfighting documentary likely to anger aficionados and abolitionists alike – https://theconversation.com/award-winning-bullfighting-documentary-likely-to-anger-aficionados-and-abolitionists-alike-241381

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Why breakdancing can give you a cone-shaped head

    Source: The Conversation – UK – By Adam Taylor, Professor and Director of the Clinical Anatomy Learning Centre, Lancaster University

    Master1305/Shutterstock

    For those of a certain age, Coneheads is an iconic 90s film. But for breakdancers, it seems, developing a cone-shaped head can be an occupational hazard.

    According to a 2024 medical case report, a breakdancer who’d been performing for 19 years was treated for “headspin hole”, a condition also known as “breakdancer bulge” that’s unique to breakdancers. It entails a cone shaped mass developing on top of the scalp after repetitive head-spinning. Additional symptoms can include hair loss and sometimes pain around the lump.

    Approximately 30% of breakdancers report hair loss and inflammation of their scalp from head-spinning. A headspin hole is caused by the body trying to protect itself. The repeated trauma from head-spinning causes the epicranial aponeurosis – a layer of connective tissue similar to a tendon, running from the back of your head to the front – to thicken along with the layer of fat under the skin on top of the head in an attempt to protect the bones of skull from injury.

    The body causes a similar protective reaction to friction on the hands and feet, where callouses form to spread the pressure and protect the underlying tissues from damage. Everyday repetitive activities from holding smartphones or heavy weights through to poorly fitting shoes can result in callouses.

    But a cone-shaped head isn’t the only injury to which breakdancers are prone, however. Common issues can include wrist, knee, hip, ankle, foot and elbow injuries, and moves such as the “windmill” and the “backspin” can cause bursitis – inflammation of the fluid filled sacs that protect the vertebrae of the spine. A headspin hole isn’t the worst injury you could sustain from breakdancing either. One dancer broke their neck but thankfully they were lucky enough not to have any major complications.




    Read more:
    How do breakdancers avoid breaking their necks?


    Others, such as Ukrainian breakdancer Anna Ponomarenko, have experienced pinched nerves that have left them paralysed. Ponomarenko recovered to represent her country in the Paris 2024 Olympics.

    As with other sports, it’s unsurprising to hear that the use of protective equipment results in the reduction of injuries in breakdancing too.

    But breakdancers aren’t the only ones to develop cone shaped heads.

    Newborns

    Some babies are born with a conical head after their pliable skull has been squeezed and squashed during the journey through the vaginal canal and the muscular contractions of mother’s uterus.

    A misshapen head can also be caused by caput secundum, where fluid collects under the skin, above the skull bones. Usually, this condition resolves itself within a few days. Babies who’ve been delivered using a vacuum assisted cup (known as a Ventouse) – where the cup is applied to the top of the baby’s head to pull them out – can develop a similar fluid lump called a chignon.

    Vacuum assisted delivery can also result in a more significant lump and bruising called a cephalohematoma, where blood vessels in the bones of the skull rupture. This is twice as common in boys than in girls and resolves within two weeks to six months.

    If you’ve ever seen newborns wearing tiny hats in the first few hours of their life, then one of these conditions may be the reason.

    Some children may also present with “cone-head” due to craniosynostosis, which occurs in about one in every 2,000-2,500 live births.

    Newborn skulls are made up of lots of small bony plates that aren’t fused together, which enables babies’ brains to grow without restriction. Usually, once the brain reaches a slower growth pace that the bones can keep up with, the plates fuse together. In craniosynostosis, the plates fuse together too early creating differently shaped heads. Surgery can prevent brain growth restriction but is usually unnecessary if the child hasn’t been identified as having an shaped head by six months of age.

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

    – ref. Why breakdancing can give you a cone-shaped head – https://theconversation.com/why-breakdancing-can-give-you-a-cone-shaped-head-241182

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Haegue Yang’s Leap Year is a bold and diverse show mixing cultural references and folk traditions

    Source: The Conversation – UK – By Martin Lang, Senior Lecturer and Programme Leader in Fine Art , University of Lincoln

    Leap Year, a new exhibition of work by South Korean artist Haegue Yang at the Southbank Centre’s Hayward Gallery, is a bold and diverse display of contemporary art, mixing materials and ideas in unexpected ways.

    Those with a knowledge of art history over the last 70 years, like me, will appreciate how Yang plays with and combines various art traditions. For example, her use of LED, neon strip-lights, steel, text, projected video and even smell are deliberate references to materials commonly used in contemporary art.

    Yang’s art isn’t particularly “Korean”, but why should it be? Like many artists from around the world, Yang has been influenced by western pop culture. Coca-Cola and Hollywood movies have been as much part of life in South Korea since the Korean war as in Britain. While some see this as a downside of globalisation, many in South Korea embrace these influences, seeing them as a sign of progress. This fusion of cultures is a fact of life for Yang, and it runs through her art.

    In the wall text at the exhibition, Yang claims to have developed a “culturally hybrid visual language”. Her work references modernism, minimalism and conceptual art. Large black-and-white photo collages that bring to mind early 20th-century dada art (a post-war movement that was anti-bourgeois and often satirical and nonsensical) provide the backdrop for sculptures mounted on wheeled frames, reminiscent of stage sets or even fairground rides.

    Another resembles a shower cubicle, but with grab handles on the outside. The title, Sol LeWitt Vehicle, points to the conceptual artist Sol LeWitt. Geometric floor patterns recall the work of Gabriel Orozco, another well-known contemporary artist. In one room, the walls are painted in a blue that’s close to Yves Klein’s famous International Klein Blue (a shade of pure ultramarine he claimed to have invented and which features in his most famous works), although the paint was sourced locally by gallery staff.

    Connecting with tradition

    Yang is particularly interested in the ways contemporary art connects with older folk and craft traditions. For example, she explores weaving practices from different cultures, even working with Filipino artisans. These pieces sit alongside Reflected Red-Blue Cubist Dancing Mask, a sculpture that takes inspiration from how early cubist artists saw African masks as pure aesthetic objects, rather than ritualistic tools.

    Yang’s interpretation has wheels and handles, allowing it to be worn and used performatively, restoring its function, but with a modernist aesthetic twist.

    Her interest in folk traditions goes deeper. During the COVID lockdown in Seoul, she began exploring paper cutting, a traditional Korean craft often linked with shamanic rituals. From there, she expanded her research to include paper-cutting practices from other parts of the world, like wycinanki from eastern Europe and amate from Mexico.

    In her Mesmerising Mesh series, she uses traditional Korean paper (hanji), as well as Japanese washi and graph paper, to create intricate collages. The wooden structures she builds around these works resemble shrines from different cultures. Though some viewers might think of them as something more familiar, like the decor in a western Chinese restaurant. In fact, these designs were inspired by the Hmong people of Southeast Asia.

    In the west, since the second world war, the idea of universal art has often been viewed as tied to colonialism or cultural dominance, yet we embrace universal ideas like healthcare and human rights as progressive. Yang’s work suggests that art, too, has the power to bridge divides and foster empathy, breaking down barriers between cultures. Art may vary greatly across traditions, but at its core, it speaks to our shared humanity – a message as relevant as ever in our polarised times.

    Haegue Yang’s Leap Year: Universal Art for a Divided World is on at the Hayward Gallery in London from October 9 2024 to January 5 2025



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


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

    – ref. Haegue Yang’s Leap Year is a bold and diverse show mixing cultural references and folk traditions – https://theconversation.com/haegue-yangs-leap-year-is-a-bold-and-diverse-show-mixing-cultural-references-and-folk-traditions-241508

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Behavioural science: could supermarket loyalty cards nudge us to make healthier choices?

    Source: The Conversation – UK – By Magda Osman, Professor of Policy Impact, University of Leeds

    Prostock-studio/Shutterstock

    Ken Murphy, CEO of the British multinational supermarket chain Tesco, recently said at a conference that Tesco “could use Clubcard data to nudge customers towards healthier choices”.

    So how would this work, and do we want it? Our recent study, published in the Scientific Journal of Research and Reviews, provides an answer.

    Loyalty schemes have been around as far back as the 1980s, with the introduction of airlines’ frequent flyer programmes.

    Advancements in loyalty schemes have been huge, with some even using gamified approaches, such as leaderboards, trophies and treasure hunts, to keep us engaged. The loyalty principle relies on a form of social exchange, namely reciprocity.

    The ongoing reciprocal relationship means that we use a good or service regularly because we trust the service provider, we are satisfied with the service, and we deem the rewards we get as reasonable – be they discounts, vouchers or gifts.

    In exchange, we accept that, in many cases, loyalty schemes collect data on us. Our purchasing history, often tied to our demographics, generates improvements in the delivery of the service.

    If we accept this, then we continue to benefit from reward schemes, such as promotional offers or other discounts. The effectiveness depends not only on making attractive offers to us for things we are interested in purchasing, but also other discounted items that we hadn’t considered buying.

    Does it work?

    So is this the future? The first issue is whether we’re happy to have data collected on us. There is a trade-off between the level of personalisation we want, and the amount of data we are willing to give. Research has shown that the more personalised the schemes are, the more alarmed we are about the crossing of privacy boundaries. For example, many of us dislike tailored communication about services through the use of chatbots.

    The second, related point is that loyalty scheme data is, and will continue to be, of enormous value to third-party organisations. For instance, market research can use loyalty scheme data to track consumer trends more accurately. Researchers can use the data to make inferences about health-related behaviour.

    As valuable as the data from loyalty schemes is for scientific purposes, not all shoppers are happy with having their data shared in this way. In one 2023 survey conducted by Yasemin Hirst from Lancaster University and colleagues of 1,539 people, 39% said they were unwilling to share their personal data with academic institutions, while 56.9% didn’t want to share with private organisations.

    What data people were willing to share also varied: for example, people were happier sharing loyalty card data (51.8%) than social media data (30.4%) for research purposes. In general, people worried about privacy as well as misuses of their data.

    All of this points to data privacy and permission being needed for sharing personal data with third-party advertisers and data brokers for people shopping online.

    Tesco may try to nudge us towards healthier choices.
    Steve Travelguide/Shutterstock

    The final aspect is what the data reveals. Data from loyalty schemes does not present a complete picture of a shopper. We mix and match where we buy our food because of our budget and our geographical location. And some retailers have greater coverage and delivery in rural areas than others – further influencing our behaviour.

    This also means that our degree of loyalty provides only a partial picture of what we end up buying, and how healthy our habits are.

    New research

    In our recent research, Sarah Jenkins and I conducted a study to look at issues related to what Murphy had in mind. We asked 389 people to evaluate ways their grocery shopping behaviour could be influenced.

    We looked at three categories. One included financial incentives and discount offers. The second was classic “nudging” methods, such as labelling healthy or green options, campaigns or education schemes.

    Finally, we looked at technological incentives that could be implemented via smart phones or laptops when making online purchases. For example, there could be suggestions as to nutritional choices, or an automated system that would select only healthy food choices. Alternatively, the system could score your shopping choice according to how healthy they were.

    People assessed all of these options in terms of whether they could help boost healthy and green choices. Generally, participants preferred the financial methods overall, specifically discounts on healthy food options (44.7%). They also judged taxes on unhealthy food items as effective.

    Campaigns for sustainability (6.3%) and automated choices for sustainability (6.5%), such as online shopping algorithms only offering us sustainable options, were least preferred. One possible reason for this might be a lack of understanding of what sustainability actually means.

    Behavioural and financial methods were judged to be slightly more ethical than technological methods, though most people found all options fairly ethical.

    That said, techniques to nudge people’s behaviour in the right direction don’t always work. People like or dislike them depending on a mix of factors, including whether it seems effective, whether it is ethical and whether they actually have a desire to change their behaviour.

    Future options

    Across the different ways market researchers study our shopping trends, the same pattern emerges: about 25% of the time, we buy our groceries online. The precise percentage varies by country and by foodstuffs we buy, but in general the forecasts is that it will increase to about 45% in the next 5-10 years.

    This will mean further innovations in loyalty schemes, designed both to attract new customers as well as maintain the current base. Retailers therefore need to be aware of the shortcomings of such approaches, including that they don’t work on people who don’t want to change their behaviour, that they only provide limited information, and that there may be a point where services are so personalised that many people become unwilling to share their data.

    Some of us will continue to enjoy the benefits of these schemes, so long as we have the chance to exercise choice. Indeed, some want to have suggestions made that ease the selection of healthy or sustainable options, but others don’t. What matters is having a choice.

    Magda Osman receives funding from ESRC, Research England, British Academy, EPSRC, Food Standards Agency.

    – ref. Behavioural science: could supermarket loyalty cards nudge us to make healthier choices? – https://theconversation.com/behavioural-science-could-supermarket-loyalty-cards-nudge-us-to-make-healthier-choices-241283

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Why The Rock beats politicians for trust and leadership – and what would-be rulers can learn

    Source: The Conversation – UK – By Carl Senior, Reader in Behavioural Sciences, Aston University

    Celebrities can have huge influence and reach enormous audiences. That’s why Kamala Harris was happy to recently gain the endorsement of musician Taylor Swift.

    Due to their media attention and massive fan bases, some Hollywood stars and musicians can appear more powerful than traditional politicians. And these perceptions of influence may also translate into actual impact.

    Indeed, some celebrities have taken up causes, using their fame to overtly push for change (for instance, Bob Geldof and Princess Diana). Others endorse politicians, or successfully run for office themselves (for instance, Arnold Schwarzenegger and Ronald Reagan).

    While it may seem like celebrities who pivot to politics are able to trade on their pre-existing notoriety, few celebrities are well known beyond their fan bases and many people would expect them to lack the gravitas of world leaders.

    However, results of our recent exploratory study conducted in the UK shows that at least one celebrity, Dwayne “The Rock” Johnson, stands out. He achieved public recognition, leadership and trust ratings as high as the most well-known politicians.

    Indeed, our study found that The Rock’s recognition was on par with the Nobel prize-winning, two-term US president Barack Obama. He was also considered more trustworthy than many politicians.

    In the study, we invited 251 participants to evaluate the faces of 40 seasoned politicians and celebrities to assess their leadership potential and perceived personality traits.

    Only six of the faces had close to universal recognition. Former US presidents Barack Obama and Donald Trump, former UK prime minister Boris Johnson and Dwayne “The Rock” Johnson scored 90% or above. By contrast, US president Joe Biden and Russian president Vladimir Putin were each recognised by 80%.

    Interestingly, The Rock was also judged to be more considerate, competent, credible, intelligent and trustworthy than most politicians.

    When asked to indicate how strongly participants felt about each figure’s leadership potential, the results were surprising. Biden scored 64%, higher than Putin’s 56%, which was in turn higher than Trump and Boris Johnson who both received 42%.

    But a much larger percentage, 72%, rated The Rock as a strong leader, only bettered by Obama’s score of 87%. In our statistical models, two key personality traits, competency and credibility, predicted The Rock’s perceived potential as a national leader.

    The Rock’s fame, stemming from his wrestling career persona, television presence, and Hollywood stardom, seem to demonstrate the impact of a well-maintained media image. His expertise in wrestling’s “kayfabe” style of performance (a dramatic wrestling style that is presented as genuine) has greatly boosted his public persona as an authentic “nice guy”.

    This early experience, and a strong screen presence, is likely to have contributed to leadership scores similar to Obama. Here it seems that The Rock’s heavily cultivated media personality has translated into perceptions of effective leadership.

    This idea connects with the theory of mediated authenticity , which suggests that positive perceptions arise when audiences view media figures in a favourable light. The Rock’s wrestling persona has allowed him to build a connection to his fans and he seems to have developed this further with his Hollywood roles.

    What can Trump and Harris learn?

    Politicians must also connect with the public. Boris Johnson, for example, did well in the 2019 UK election because he knew how to connect and leveraged this ability to his advantage.

    However, leaders also need to be seen as knowledgeable and trustworthy to make an enduring positive difference.

    The Rock was asked about political ambitions.

    Some theorists of power argue that social influence derives from being well-liked, not just being famous. Of course, The Rock is famous for his nice guy image, along with his movie catalogue and perpetually perfect physique. His perceived leadership potential could come from being both popular and seen as a good role model.

    The Rock’s potential has been spotted by political parties. He describes himself as an independent and back in 2023 he revealed that he had been approached by multiple political parties about possibly running for office.

    Can you be a ‘nice’ populist?

    The last few years has seen the rise of numerous political leaders around the world, who have been labelled with the term “populist”. Leading figures on this list include Trump, India’s prime minister Narendra Modi, former Brazilian president Jair Bolsonaro and Boris Johnson. However, these leaders tend not to be highly trusted.

    The erosion of trust in politicians and political systems is a significant issue that can lead to decreased engagement with the democratic process, regardless of political level. This ultimately results in a civic structure that fails to represent the people it is meant to serve.

    With the US presidential election just weeks away, and still virtually tied, political strategists for both of the major parties must confront a key question: how much trust does each candidate have from the public?

    Like it or not, The Rock’s wrestling persona relied on building a genuine connection with fans through his kayfabe-style performance, and his friendly image. The careful cultivation of this has given him enduring popularity and, as an unintended consequence of that performance, leadership appeal on the national stage.

    When you are perceived as being a genuinely nice leader, our early research suggests, trust will follow. Something that more politicians clearly need to understand.

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

    – ref. Why The Rock beats politicians for trust and leadership – and what would-be rulers can learn – https://theconversation.com/why-the-rock-beats-politicians-for-trust-and-leadership-and-what-would-be-rulers-can-learn-236987

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Global: Israel-Iran and the nine stages of how conflicts can escalate and get out of control

    Source: The Conversation – UK – By Matthew Powell, Teaching Fellow in Strategic and Air Power Studies, University of Portsmouth

    Andy.LIU/Shutterstock

    Tensions are running high in the Middle East. The murderous attack by Hamas on Israel on October 7 2023 kicked off a spiral of violence in the region. That has culminated, a year later, in Israel mounting a ground invasion of Lebanon. The invasion, which Israel says aims to confront and destroy Hezbollah, follows 12 months of tit-for-tat strikes between Israel and Iran, which have gradually escalated in intensity.

    Given that Hezbollah is closely associated and supported by Iran, there is mounting concern that this conflict could become a major flashpoint in international relations. The worry is that this war might provide the spark that causes the next global conflict.

    To understand how dangerous the situation could be, it’s worth looking at the theory of conflict escalation. In 1997, Austrian economist Friedrich Glasl published his nine-stage model of conflict escalation, which is generally accepted as the most sophisticated study of how conflicts can develop from disputes to all-out conflict (a step he gives the rather ominous name of “Together into the abyss”).

    Nine stages of confict escalation.
    Graphic by Swinnall, original from Sampi. Derived from: Konflikteskalation nach Glasl.svg, CC BY-NC

    The first level is when a conflict is readily or easily resolved, but when a resolution is not achieved, positions on either side of the argument harden and frustration begin to mount. The next step naturally occurs when conflict parties seek to make their case, hoping to gain advantage in the court of global opinion.

    Stage three of the model sees the adversaries beginning to take action. Neither side wants to yield advantage to the other, while any sense that discussion might mitigate the conflict has disappeared in mutual antagonism and mistrust. Accordingly at stage four, the conflict parties resort to an “us v them” rhetoric in an attempt to build coalitions and attract support. Stage five, described as “loss of face”, is when one or other of the antagonists feels they have become tarnished in the eyes of the community as a whole. Reputation no longer matters as much as achieving their ends. Sometimes one side or the other commits an act that it feels has isolated it, which only serves to harden it position.

    In stage six, threats or ultimatums are issued. This can lead to hostilities spiralling as the conflict parties seek credibility by putting a timescale on a threat, which in turn will heighten the pressure on both sides. This can also bind another of the warring parties to a course of action from where there is little opportunity to retreat. This facilitates the move to stage seven, where the antagonists begin to trade the first limited blows in response to the threats they have made.


    The world is watching the US election campaign unfolding. Sign up to join us at a special Conversation event on October 17. Expert panellists will discuss with the audience the upcoming election and its possible fallout.


    In stage eight, the offensive blows intensify, with the focus on trying to injure – or even destroy – the adversary’s capacity for response or call into question the legitimacy of the other side’s leader. Often this can lead to one or another of the parties fragmenting into warring factions, making the situation increasingly uncontrollable.

    As the conflict hurtles into stage nine, the threat to one or another of the parties has become existential, who are now falling “together into the abyss”. All sense of caution is abandoned as the only goal is the total annihilation of the adversary. A state of total war.

    What stage are we at?

    After years of animosity and denunciation on both sides, the conflict between Israel and Iran has now progressed to the stage that both sides have exchanged limited blows against each other. Reports have linked Iran to the planning of the Hamas attack on October 7. Tehran has recently denied having any part in the massacre. Hezbollah, which is more closely linked to the Islamic Republic, has carried out a year-long barrage of rockets from Lebanon into northern Israel. In response, Israel has now directly struck against Iran’s proxy, invading southern Lebanon to engage and attempt to destroy Hezbollah.

    Both sides clearly want to demonstrate their power and influence in the region. But the stakes could rise if Iran feels an urgent need to protect its proxies. For Israel, its leaders have long argued that its very existence is at stake.

    In terms of Glasl’s stages of escalation, the two countries appear to have reached stage seven, where they are launching limited blows against each other while avoiding direct confrontation. Both want to make their adversary consider whether the cost of continuing is worth the potential rewards that can be gained.

    Iran’s air attacks on Israel suggest that while Iran can see that its regional position is being threatened and is still seeking to support the non-state actors in Gaza and Lebanon, the way in which they have conducted their attacks suggest that Tehran does not feel itself powerful enough to escalate further than it already has.

    The only direct blows the two powers have launched against each other have been from the air. Iran has now launched two (large) barrages of rockets against Israel, one in April this year and again at the end of September. Both bombardments were announced in advance and neither has resulted in Israeli casualties.

    Israel responded in April with a targeted strike against an Iranian airbase close to one of the country’s nuclear installations. It has yet to directly respond to the latest Iranian barrage, but Netanyahu has said Israel would target Iran’s military installations “based on Israel’s national security needs”.

    Analysts believe that both sides – so far at least – are using these limited strikes to signal their unwillingness to escalate. But there is a great deal at stake. Iran will feel its position as a regional power threatened by Israel’s ground campaign in Lebanon. Meanwhile Israel has repeatedly declared that it is fighting for the security of its people. Neither appears to want a wider conflict – and their allies certainly wouldn’t encourage them if they did.

    So it’s clear that – up to now at least – neither Israel nor Iran wants to venture any further down the road to “the abyss” as envisaged by Glasl’s nine-stage model.

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

    – ref. Israel-Iran and the nine stages of how conflicts can escalate and get out of control – https://theconversation.com/israel-iran-and-the-nine-stages-of-how-conflicts-can-escalate-and-get-out-of-control-240566

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Economics: Narrowing the Digital Divide: Households with broadband, laptops and desktops rising

    Source: Microsoft

    Headline: Narrowing the Digital Divide: Households with broadband, laptops and desktops rising

    Today, we’re launching a refresh of the Microsoft Digital Equity Data Dashboard with current data from the FCC, the United States Census Bureau, Code.org, Broadband Now, and Microsoft to help federal, state, and local policymakers gain a better understanding of the factors contributing to the digital divide in communities across the United States. Originally launched in 2022 as part of our Airband Initiative, the dashboard provides critical data to help understand broadband gaps at the local level, allowing these decision makers to anchor their policies and programs in data and maximize investments in areas of highest need.  

    Today’s update allows tracking of historical broadband data to analyze trends and progress being made as a result of government and private sector investments. This includes the new data from the dashboard, which shows that all states, including Puerto Rico and the District of Columbia, saw an increase in the number of households with broadband connections as well as an increase in the number of households with laptops or desktops. The greatest changes were in households earning less than $20,000. These households saw an average increase of over 10.8 percentage points in internet connectivity compared to previous metrics, meaning there are nearly 325,000 more households connected in this group. 

    We’ve long held the belief in the value of data, and this dashboard refresh is the latest step in our ongoing journey to help close the digital divide around the world. 

    Bridging the Rural Broadband Gap in the United States 

    In 2017, we launched the Microsoft Airband Initiative with a clear mission: to bridge the significant rural broadband gap in the United States. That year, government data showed that at least 23.4 million people across the United States did not have access to reliable high-speed internet, and this lack of access created significant barriers to education, healthcare, and economic opportunities. At the same time, it’s been shown that increasing access and usage of broadband in rural areas leads to higher property values, increased job and population growth, increased entrepreneurship, and lower unemployment rates. This stark reality illustrated by this data highlighted the urgent need for action to bridge the digital divide.  

    We set out to help solve the problem by bringing private sector investment and innovative technologies together with advocacy for regulatory support and financial frameworks to increase connectivity. Over the years, we have tried different approaches to bridging the digital divide, and we’ve learned a lot. We initially focused on TV White Spaces, believing this unique technology would extend reliable and affordable broadband to rural areas. As time went on, we determined that to make a tangible impact in rural communities, we couldn’t rely on specific technology, so we shifted to a technology neutral approach. Today, our partners are leveraging fiber, fixed wireless, satellite, and other disruptive technologies to drive broad networks deeper into rural areas. As a result, our partners have extended coverage to over 7.4 million people in rural communities across 41 states and territories in the United States.   

    But technology alone was not a solution. High costs, the absence of new and alternative technologies, and market and regulatory conditions all hampered efforts. The economic impact was substantial, not only hindering individual progress but also stifling the overall development of rural areas. So, we also used our corporate voice and joined forces with others to directly advocate for Congress to deploy targeted funding to combat the digital divide.  

    Targeted Funding to Combat the Digital Divide 

    In the U.S., none of the progress we’ve seen would be possible, without the vision of the U.S. Congress to proactively and significantly invest in broadband infrastructure programs. Our experiences since 2017 have made it clear that these government investments are necessary to drive deep impact. Bipartisan investments in digital infrastructure and inclusion through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the American Rescue Plan Act (ARPA), and the Infrastructure Investment and Jobs Act (IIJA) were a huge step forward in our journey to close the digital divide in the United States.  

    As a result of these government investments and public private partnerships, our internet service provider partners in the U.S. have received more than $725 million in government infrastructure funding awards to accelerate network expansion and drive broadband adoption across the country, with approximately 80% going to rural communities.  

    An example includes Microsoft partner, Nextlink Internet, which is leveraging government investment and partnership to bring meaningful connectivity to rural communities in the Midwest, Southwest, and Southeast regions of the United States. Federal infrastructure funding enabled Nextlink to extend their seven-state footprint to 11 states in total: Indiana, Illinois, Iowa, Kansas, Louisiana, Minnesota, Nebraska, Oklahoma, Texas, Wisconsin, and Wyoming.   

    Looking Forward Globally with a Clear Vision 

    Outside of the United States, our global partnerships have brought coverage to nearly 100 million previously unserved and underserved people. Internationally, we’re also seeing success from similar models of participating in government infrastructure programs, with the U.S. government leading the way. This includes significant investments and leadership from the United States Agency for International Development (USAID) via the Digital Invest program and the Women in the Digital Economy Fund (Wi-DEF), as well as the United States Trade and Development Agency’s (USTDA) Digital Transformation with Africa initiative.  

    These partnerships have also enabled digital infrastructure and off-grid energy in unserved and underserved communities around the world. In Nigeria, for instance, providers like Tizeti are leveraging government investments to bring connectivity to schools, health clinics, and community anchor institutions. And communities are experiencing improved outcomes in education and healthcare as a result. If connectivity alone has enabled these outcomes, imagine what additional innovation AI could unlock. 

    But there are still 2.6 billion people who remain offline. Limited internet can exacerbate economic inequalities and inhibit access to social services, civic activities, and online learning resources. In places where we’re using AI to map global populations in real-time, we can provide early warnings that allow communities to better plan disaster recovery during times of crisis. Communities that remain offline do not get these early warnings and cannot act on them. As AI becomes more prevalent, communities that remain offline will not be able to fully access the benefits of this new technology. 

    To continue momentum, we are looking to the lessons we learned in the U.S. We must scale innovative technologies, expand connectivity and energy access, and leverage strategic partnerships. Governments, financial institutions, philanthropic institutions, and the private sector must come together to address critical financing barriers, invest in development finance, and expand digital infrastructure. 

    We’ve committed to reaching 250 million people with meaningful connectivity by the end of next year. Today, we’re calling for continued support and collaboration from all sectors to ensure no one is left behind. We call on all stakeholders to join us in this mission. 

    • Governments must create enabling regulatory environments that prioritize funding for digital infrastructure and support quick and efficient allocation of funding by federal, state, and local entities. 
    • The private sector must invest in innovative technologies and business models. 
    • Philanthropic organizations must continue to advocate for digital inclusion and develop initiatives anchored in the local community. 

    The journey to close the digital divide is a long one. Building out infrastructure takes time. It’ll take time for us to see some of the direct results of this work, but there is room for optimism. We are extremely grateful for the leadership and vision of the United States government, which is laying a blueprint for other countries to follow, as well as state and local leaders working to ensure these programs are successful. We encourage all policymakers to proceed efficiently so the benefits of these investments reach local communities sooner rather than later.  

    With continued collaboration and commitment, we can use the power of data, technology, and partnership to achieve our ambitious goals. We’re dedicated to making a lasting impact, and we are excited about the future. Let’s come together to bring the power of digital connectivity and transformation to people around the world. 

    Tags: Airband initiative, broadband, broadband access, connectivity, digital access, digital divide, digital inequity, Digital Inequity Dashboard, Internet access, rural broadband

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Economics: Minutes of the Monetary Policy Committee meeting of 30 September and 1 October 2024

    Source: Central Bank of Iceland

    In accordance with the Monetary Policy Committee Rules of Procedure, the minutes of the Committee’s most recent meeting have been published on the Bank’s website. The minutes are published two weeks after the announcement of the Committee‘s decision.

    MIL OSI Economics –

    January 23, 2025
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