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  • MIL-OSI Russia: Yuri Trutnev: The authors of more than 200 films are competing for the prizes of the Far East – Land of Adventures competition

    MILES AXLE Translation. Region: Russian Federation –

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

    The authors of more than 200 films are competing for the prizes of the Far East – Land of Adventures competition

    October 1, 2024

    The authors of more than 200 films are competing for the prizes of the Far East – Land of Adventures competition

    October 1, 2024

    The authors of more than 200 films are competing for prizes in the Far East – Land of Adventures competition

    October 1, 2024

    The authors of more than 200 films are competing for the prizes of the Far East – Land of Adventures competition

    October 1, 2024

    The authors of more than 200 films are competing for the prizes of the Far East – Land of Adventures competition

    October 1, 2024

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    The authors of more than 200 films are competing for the prizes of the Far East – Land of Adventures competition

    207 films have been admitted to the jury of the All-Russian competition “Far East – Land of Adventures”, as reported by the initiator of the project, Deputy Prime Minister – Plenipotentiary Representative of the President in the Far Eastern Federal District Yuri Trutnev.

    “The Russian Far East is vast and beautiful. Any tourist or traveler can find a vacation to their taste here: from hiking to routes of varying difficulty, and all this in different climate zones. The “Far East – Land of Adventure” competition is important for making active tourism more popular. It brought together travelers and bloggers who made films about the macro-region, introducing millions of Russians to the unique places of the Far Eastern regions. This year, the jury of the competition is selecting the best trips for the second time. This is not an easy job. The authors of more than 200 films are competing for prizes. And I am sure that the jury, whose members are real professionals, will choose the best of the best,” said Yuri Trutnev.

    The largest number of films are about travels in the Sakhalin Region and the Amur Region – 52 and 34 films. In addition, 31 films about adventures in the Khabarovsk Region, 26 materials about travels in the Primorsky Region, 18 – in the Jewish Autonomous Region, 13 – in the Kamchatka Region, 10 – in the Republic of Buryatia, 7 – in the Magadan Region, 6 – in the Republic of Sakha (Yakutia), 6 and 4 films were filmed in the Zabaikalsky Region and the Chukotka Autonomous Okrug.

    Residents of Khabarovsk Krai, Sakhalin Oblast and Amur Oblast most often went on trips. However, residents of other regions also take part in the competition – for example, residents of Moscow and the Moscow Oblast, Altai Krai, Irkutsk, Kaluga, Kirov and Ryazan Oblasts sent films about their trips.

    The travelers went on hikes of varying difficulty: some went on a one-day hike to Mount Lysaya via the Benevskiye waterfalls in Primorsky Krai, while more experienced tourists conquered the hard-to-reach Dusse-Alin ridge in Khabarovsk Krai over 15 days. The contest participants traveled both in the company of friends, close relatives, and alone.

    Applications for participation in the second season of the all-Russian competition for the best trip to the Far East “Far East – Land of Adventures” are accepted until December 30. In order to take part, you need to make a short film up to 8 minutes long about your trip to the Far East and send it to the jury for evaluation on the website puteshestvendv.rf. Works from previous years are also accepted: the trip must have been made no earlier than September 1, 2022 and no later than December 30, 2024.

    The main prize for the best video about a trip to the Far East is 3 million rubles, for winning one of the nominations you can get 1 million rubles, for second place in the nominations – 300 thousand rubles, third place in the nominations – 100 thousand rubles. Moreover, the governor of the Chukotka Autonomous Okrug Vladislav Kuznetsov introduced a separate prize of 1 million rubles, which will be raffled off among participants who have declared a trip to Chukotka.

    It should be noted that not only experienced travelers, but also children accompanied by adults can take part in the competition. Among the winners of the first season were both professionally shot films and footage captured on a regular phone. Based on the results of the competition, the best works of the winners and prize-winners will be broadcast on the air broadcasting grid of regional TV channels, and the reporting information and videos will be added to the interactive map of tourist routes of the Far East regions.

    The best video materials will be selected by the jury members, including: TV journalist, author and host of the TV show “Neputevye Zametki” Dmitry Krylov, Arctic traveler, video blogger Bogdan Bulychev, TV host Valdis Pelsh, head of the project “More than a Journey” Olesya Teterina, State Duma deputy, author and host of the TV show “How the World Works” Timofey Bazhenov, producer of the VK project “Places” Nikita Afinogenov and other experienced travelers. In addition, the winners of the first season of the competition will take part in the evaluation of the works: Elena Poddubnaya, Ernest Leonidov, Alisa Slyshchenko.

    The competition is being held on the initiative of Deputy Prime Minister and Presidential Plenipotentiary Representative in the Far Eastern Federal District Yuri Trutnev with the support of the Office of the Presidential Plenipotentiary Representative in the Far Eastern Federal District, the Ministry for the Development of the Russian Far East, JSC Far East and Arctic Development Corporation, and the NGO Social Initiatives Development Fund.

    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://government.ru/nevs/52856/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

  • MIL-OSI Global: Wuthering Heights casting row: most adaptations struggle with picking the right Heathcliff and Cathy, but we deserve better in 2024

    Source: The Conversation – UK – By Adelene Buckland, Reader in Nineteenth-Century Literature, King’s College London

    How do you cast Wuthering Heights, Emily Bronte’s 1847 novel about a child so brutalised by his adoptive family that he drives his pregnant love to death? Not, it would seem, like Emerald Fennell, the latest director to attempt it.

    Fennell’s previous projects include the Oscar-winning A Promising Young Woman (2020) and Netflix hit Saltburn (2023), but she has been under fire for casting Jacob Elordi and Margot Robbie in the lead roles of Heathcliff and Catherine, two teenagers on the wild, 19th-century Yorkshire moors. As tanned Australian actors aged 27 and 34, best known for playing Elvis and Barbie, it is hard to imagine how they can pull this off.

    But has anybody ever got Heathcliff and Catherine right?

    Lawrence Olivier was nominated for an Oscar for playing Heathcliff in 1939, but his clipped, Royal Shakespeare Company gentlemanliness hardly befitted the “savage vehemence” of the role. Heathcliff is an orphan, probably picked up on the Liverpool docks, bullied for looking like “a dark-skinned gypsy”, “a little Lascar, or an American or Spanish castaway” (a lascar was a sailor or militiaman often from Asia). Among his many eventual crimes, he tortures puppies and beats children. But the Olivier movie staged the novel as a classic Hollywood romance.

    Until very recently other directors followed suit, cutting the story’s more brutal elements (including most of its second half) and casting dashing (white) leads like Timothy Dalton (1970) and then-newcomer Ralph Fiennes (1992). In the latter film, Juliette Binoche’s Catherine had a notably French accent. (Maybe best not to mention Cliff Richard’s 1996 musical, in which, at 56, he was panned for playing a teenage Heathcliff as a pop idol.)

    As the director of a 2011 BBC Radio Three adaptation put it, Wuthering Heights is not supposed to be “a Vaseline-lensed experience”. But it has been mostly sold that way.

    Perhaps the only director to capture the nightmarishness of Bronte’s text is Andrea Arnold, who in 2011 cast untrained actors in the central roles, including a black actor, James Howson, as Heathcliff. At the time, some critics even found that decision controversial. But the casting was a turning point, and Arnold’s bleak, almost wordless, adaptation changed the game.

    In 2024, audiences are more aware that casting a white actor like Elordi as Heathcliff is not only to undersell the novel as romance, but to wilfully ignore the imperialism in the text.

    There is evidence to suggest that Heathcliff’s story was at least partly inspired by a local slave-owning family, the Sills, who, as well as making their money from sugar plantations in Jamaica, had 30 enslaved Africans working on their home estate in Yorkshire.

    Also, as mentioned, characters speculate about Heathcliff’s race throughout. For instance, Nelly Dean, Cathy’s family’s servant, wonders whether “[his] father was Emperor of China, and [his] mother an Indian queen.” He is clearly not white.

    Still, in going in the opposite direction to Arnold, Fennell’s film might offer us something new.

    The novel is difficult to film not only because it depicts human beings at their most primal, but also because it is so strangely told. Bronte rarely shows us Catherine or Heathcliff firsthand. We learn their tale through an uninitiated southerner, Lockwood, who himself hears much of the story from a servant with unreliable passions of her own.

    Key scenes in the novel have an emotional realism drawn not only from the rough-hewn Yorkshire rocks but also from gothic melodrama: Catherine’s ghost literally bleeds as it grasps Lockwood through a window; Heathcliff digs up Catherine’s grave just “to have her in my arms again”. If this is realism, it is so extreme it borders on the theatrical.

    And this is where Fennell excels. Saltburn’s bathtub scene is infamous for body horror, but mostly it depicts an urgent need to consume and be consumed by another. Saltburn also has its own graveside scene, which clearly echoes Heathcliff’s necrophiliac desires in Wuthering Heights.

    I would argue there can be no justification for casting a white actor as Heathcliff, and it is to be hoped that Fennell rethinks this decision. But perhaps there is also something to be gained from having a Heathcliff and Catherine with the glitzy theatricality of Elvis and Barbie. Fennell isn’t going to give us the Catherine and Heathcliff we have come to expect, but it is possible she will evoke the passion the characters deserve.


    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.

    Adelene Buckland 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. Wuthering Heights casting row: most adaptations struggle with picking the right Heathcliff and Cathy, but we deserve better in 2024 – https://theconversation.com/wuthering-heights-casting-row-most-adaptations-struggle-with-picking-the-right-heathcliff-and-cathy-but-we-deserve-better-in-2024-240128

    MIL OSI – Global Reports –

  • MIL-OSI Banking: AI can boost growth and make Europe more competitive

    Source: Google

    There are few more pressing questions facing European governments than how to drive economic growth and make the region more competitive. And it’s clear that one of the most important ways to boost the EU’s competitiveness is by harnessing AI for growth.

    A new report by Implement Consulting Group, commissioned by Google, estimates that generative AI could add €1.2-1.4 trillion to the EU’s GDP in ten years – the equivalent to an annual growth rate of 8%. The report also outlines how AI can significantly boost productivity across various sectors.

    This ability of generative AI to boost economic growth and competitiveness is particularly significant for Europe. According to Mario Draghi’s new report, Europe’s competitiveness has nosedived over the past decades: the EU’s share of global GDP has shrunk from over a quarter in 1980 to just 17% today. US productivity has surpassed the EU’s by 20% in 2022.

    But this report is about more than economic metrics — it’s about how AI can help people be more productive, fuel growth and support long term sustainable jobs of the future. 74% of workers in European countries see productivity-enhancing effects of generative AI, and 43% of workers in European countries expect AI to positively impact their job. Our new report estimates that the majority (61%) of jobs will be augmented by generative AI while around 7% face a long-term transition to automation. As with previous transitions, like the birth of commercial aviation or the worldwide web, new industries and careers will be made entirely possible by AI powered breakthroughs. This impact has the potential to be felt across society — from enhancing the quality and efficiency of public services to unlocking scientific breakthroughs and alleviating labor shortages by freeing up resources and boosting productivity.

    Europe’s productivity gap is largely down to slower technological development, innovation and adoption. As Mario Draghi says, “with the world on the cusp of an AI revolution, Europe cannot afford to remain stuck in the ‘middle technologies and industries’ of the previous century”. To catch up, the EU must unlock its innovative potential.

    A new agenda for AI backed growth

    This is why today, in addition to our Economic report, we’re also releasing our AI Opportunity Agenda: a series of recommendations for governments to seize the full economic and societal potential of AI. The Agenda outlines the need to revisit Europe’s workforce strategy, as well as investment in AI infrastructure and research, adoption and accessibility.

    1. Investing in research and development

    For the EU to truly compete in AI, it needs to make research and development a shared priority, as well as making funding more accessible. Without the right incentives to develop and commercialise AI innovation, Europe is stifling its talent and its chances of launching more home-grown tech unicorns.

    2. Building infrastructure to support innovation

    AI breakthroughs are only possible with the right high-performance computing technologies and data centres — and the renewable energy to support them. To enable AI innovation at scale, the EU will need to allocate more funding to financing such infrastructure — as well as incentivising and enabling the private sector to do the same.

    3. Improving skills and training programmes

    Technological growth will not be effective if people are left behind. Given its diversity, the EU must make sure technology benefits every business, economy and person. To do this, it needs to accelerate digital skills transformation, putting AI skills and education at the centre of a revitalised European Skills Agenda — and adding it to school curriculums.

    4. Promoting widespread adoption

    We ultimately need to ensure that AI is applied and deployed in a universally accessible and useful way. For the private sector, EU policymakers and AI developers must work together to develop outreach strategies to traditional industries and small businesses who have much to gain from AI adoption. For the public sector, member states must double down on existing initiatives to increase the public procurement of AI and developing bolder AI adoption targets.

    Taking action

    Developing good policy and responsible AI will need close coordination between governments, the private sector, academia and civil society. Through our AI Opportunity Initiative and other partnerships we’re committed to working with others to get this right. But, as Mario Draghi highlighted, change is also needed in the regulatory environment. Since 2019, the EU has introduced over 100 pieces of legislation that impact the digital economy and society. It’s not just the sheer number of regulations that’s the challenge – it’s the complexity. Moving from the regulatory-first approach can help to unlock the opportunity of AI.

    In many ways, Europe is well-positioned to seize this moment. AI has the potential to help us build a better, fairer, healthier society — and to support competitiveness and inclusive growth.

    MIL OSI Global Banks –

  • MIL-OSI Submissions: Universities – Earthly pleasures: Ecologists show how ‘white noise’ is ‘music’ to microbes – Flinders

    Source: Flinders University

    Music and noise can evoke many responses in humans. Now Flinders University scientists are using soundwaves in soil to aid ecosystem recovery.  
    In their latest study, experts led by microbial ecologist Dr Jake Robinson, demonstrate the benefits of acoustic stimulation on the growth rate and sporulation of a plant growth-promoting fungus.  
    “In our experiments, we show that the acoustic stimulation resulted in increased fungal biomass and enhanced Trichoderma harzianum spore activity compared to controls,” says Dr Robinson in a new article in Biology Letters.  
    “We strive to find novel ways to speed up and improve levels of beneficial fungi and other microbes in degraded soils. It could have wide-ranging benefits for restoring degraded landscapes and farming land to feed the world.”

    The researchers previously found a monotonous ‘white noise’ – set at 80 dB sound pressure level – also increased a similar response in soil bacteria E. Coli.
    “Think of the monotone sound an old-school radio makes in between channels,” explains Dr Robinson.  

    The fungus T. harzianum was selected for the latest study because of its known beneficial effects on plants, such as disease protection, plant growth and improved nutrient utilisation. In agriculture, it has been shown to parasitises other fungi which are often plant pathogens.    
    Dr Robinson says one of the next steps will be to study the benefits of various microbial growth on plant health, and then seek to scale up the experiment outside the lab.  
    “While still in its early stages, the next steps will involve studying the microbiome response mechanisms, the flow-on effect on plants and how to work out how to scale it up in the field. 
    “We also need to understand whether this approach could have any potential cascading or unintended consequences,” he adds.  
    In the absence of large-scale ecosystem restoration and effective monitoring strategies, 95% of the Earth’s land is projected to be degraded by 2050. The United Nations’ global initiative – the Decade of Ecosystem Restoration 2021-2030 – forecasts that 75% of the world’s soils described as degradation could increase to more than 90% by 2050. 
    Urbanisation, deforestation, overgrazing and other harmful practices has led us to this dire situation, which is now affecting human health and undermining food production and natural ecosystems, researchers say.
    Coauthor of the new article, Associate Professor Martin Breed from the Restoration Ecology lab at Flinders University’s College of Science and Engineering, says the potential for this kind of approach is vital in a bid to head off biodiversity loss and speed up ecosystem restoration. 
    Sonic restoration: acoustic stimulation enhances plant growth-promoting fungi activity (2024) by Jake M Robinson, Amy Annells, Christian Cando-Dumancela and Martin F Breed will be published in Biology Letters (Royal Society Publishing) on 2 October 2024. 
    Funding: M Breed is funded by the Australian Research Council (grants DP210101932, LP190100051 and LP190100484) and the New Zealand Ministry of Business Innovation and Employment (grant UOWX2101).
    Acknowledgements. We acknowledge that this research was conducted on the land of the Kaurna people in Tarntanya (Adelaide, South Australia).

    MIL OSI – Submitted News –

  • MIL-OSI: Hut 8 Announces Early Payoff of Outstanding Loan

    Source: GlobeNewswire (MIL-OSI)

    Anchorage Digital converted entire ~$38 million loan balance to common shares at a price of $16.395 per share

    Strengthens Company’s financial position as it advances pipeline of AI and mining infrastructure opportunities

    MIAMI, Oct. 01, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the conversion of the entire ~$38 million outstanding balance of its subsidiary’s outstanding loan with Anchorage Lending CA, LLC, a subsidiary of Anchor Labs, Inc. d/b/a Anchorage Digital (“Anchorage Digital”), into common stock of the Company (the “Conversion”).

    “Hut 8 stands out for its conviction to innovation — it’s a key reason that we originally backed them with a loan, and it’s the same reason we’ve now converted that debt to equity,” said Nathan McCauley, Co-Founder and CEO of Anchorage Digital. “In an evolving market, Hut 8 has proven that they can adapt to meet the moment and come out stronger — for the benefit of the company and the digital asset ecosystem at large. We value that kind of resilience on our balance sheet, and our new ownership stake makes that clear.”

    “Our relationship with Anchorage Digital has been instrumental to our growth,” said Asher Genoot, CEO of Hut 8. “We are grateful for their continued support as we scale and diversify our business while maintaining an unwavering focus on disciplined and creative capital deployment.

    “With a strengthened balance sheet and decreased leverage, we believe we are even better positioned to advance discussions with prospective counterparties and execute on the development of next-generation mining and AI data centers.”

    Key Transaction Terms

    Anchorage Digital has converted the ~$38 million outstanding balance of the loan at a price of $16.395 per share of common stock of Hut 8 pursuant to a Debt Repayment Agreement (the “Debt Repayment Agreement”). The share price represents a 51% premium to the 20-Day VWAP through September 26, 2024, the day prior to the signing of the Debt Repayment Agreement.

    Upon completion of the Conversion, the outstanding loan and all other related obligations of the Company and its subsidiaries have been satisfied.

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

    Additional information, including the Debt Repayment Agreement, is available in the Form 8-K that the Company will file with the Securities and Exchange Commission.

    Upcoming Conferences & Events

    • October 7–9, 2024: Yotta 2024
    • October 15, 2024: USC Marshall Energy Business Summit 2024
    • November 13–14, 2024: Cantor Fitzgerald Crypto, Digital Assets & AI Infrastructure Conference 2024
    • November 19, 2024: Craig-Hallum 15th Annual Alpha Select Conference
    • November 19, 2024: Benzinga Future of Digital Assets Conference 2024

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp. has a portfolio comprising twenty sites: ten Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one newly announced site in the Texas Panhandle. For more information, visit http://www.hut8.com and follow us on X (formerly known as Twitter) at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events or developments that Hut 8 expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the business, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely” or similar expressions. Specifically, such forward-looking information included in this press release includes statements relating to the Company’s advancement of its AI and mining infrastructure pipeline and the Company’s ability to continue scaling and diversifying its business while maintaining an unwavering focus on disciplined and creative capital deployment.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks; malicious actors or botnet obtaining control of processing power on the Bitcoin network; further development and acceptance of the Bitcoin network; changes to Bitcoin mining difficulty; loss or destruction of private keys; increases in fees for recording transactions in the Blockchain; erroneous transactions; reliance on a limited number of key employees; reliance on third party mining pool service providers; regulatory changes; classification and tax changes; momentum pricing risk; fraud and failure related to digital asset exchanges; difficulty in obtaining banking services and financing; difficulty in obtaining insurance, permits and licenses; internet and power disruptions; geopolitical events; uncertainty in the development of cryptographic and algorithmic protocols; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; the COVID19 pandemic, climate change; currency risk; lending risk and recovery of potential losses; litigation risk; business integration risk; changes in market demand; changes in network and infrastructure; system interruption; changes in leasing arrangements; failure to achieve intended benefits of power purchase agreements; potential for interrupted delivery, or suspension of the delivery, of energy to mining sites and other risks related to the digital asset mining and data center business. For a complete list of the factors that could affect Hut 8, please see the “Risk Factors” section of Hut 8’s Transition Report on Form 10-K, available under the Company’s EDGAR profile at http://www.sec.gov, and Hut 8’s other continuous disclosure documents which are available under the Company’s SEDAR+ profile at http://www.sedarplus.ca and EDGAR profile at http://www.sec.gov.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Media Relations
    media@hut8.com

    The MIL Network –

  • MIL-OSI Economics: Interactions between monetary policy, regulation and financial markets | Video message at the Conference on Markets and Intermediaries

    Source: Bundesbank

    Check against delivery.

    1 Introduction

    Ladies and gentlemen,

    Good morning and welcome to the Conference on Markets and Intermediaries, an event jointly organised by the Bundesbank and the Humboldt-Universität zu Berlin.

    In my opening speech, I will take you on a helicopter tour of the programme and share some thoughts on the topics that will be covered over the next two days. The programme certainly does cover a wide range of topics. It addresses current challenges facing financial markets, financial intermediaries, and central banks.

    Since the Great Financial Crisis, central banks worldwide have expanded their balance sheets, injected additional liquidity into the financial system, and broadened their collateral frameworks. In addition, financial regulation has been adapted to make the financial system more stable.

    While these measures served useful purposes, they also had side effects, not least in money and capital markets. Policymakers and regulators are therefore well-advised to evaluate the effects of their measures.

    2 Non-bank financial institutions

    The first session is dedicated to non-bank financial institutions, or NBFIs.

    This sector includes, amongst others, insurers, investment funds, and money market and hedge funds. It is strongly interconnected, both with other sectors and across countries. Its share of the global financial system, as measured by total financial assets, is almost one-half.

    Clearly, it could be a source of systemic risks. But the risks presented by NBFIs often lie out of view. This makes them more difficult to monitor and assess. All the more important, then, to close data gaps and strengthen the resilience of the sector.

    One particular source of vulnerability are fire sales of open-ended funds. These are the subject of a paper that Rüdiger Weber is presenting this morning.[1]

    Open-ended funds are especially prone to fire sales because, during episodes of market stress, they often face significant pressure from investors who want to liquidate their holdings quickly. Fund managers may then be forced to offload fund assets at short notice. And if those assets are less liquid, they may have to sell them at lower prices. This may amplify price declines and liquidity shortages.

    Effective liquidity management and regulation are very important here. A recently published Bundesbank paper shows that price-based liquidity management tools help keep the financial fragility of open-ended mutual funds in check.[2]

    In times of stress, investors also try to protect their capital by shifting it into safer assets. However, this flight to safety can intensify the downward pressure on the prices of riskier assets as demand for the latter declines.

    The Financial Stability Board is doing important work in this field. But it is currently focused on microprudential regulation. I think the FSB’s work on this front needs to be complemented by the development of macroprudential regulation for the NBFI sector.

    In any case, we should not jeopardise what we have achieved in the banking regulation space by allowing stability risks to build up elsewhere in the financial system.

    3 Central bank digital currencies

    The second session is on central bank digital currencies (CBDC).

    CBDC is an issue that is keeping almost all central banks very busy at the moment. The Eurosystem is hard at work preparing for the potential introduction of a digital euro.

    As the world turns increasingly digital, the digital euro would provide a secure and efficient digital payment option that complements cash. It aims to strengthen Europe’s strategic autonomy by building on European infrastructures, and to promote innovation in the private sector.

    However, introducing a CBDC could also have unintended side effects. If bank customers were allowed to hold it in large amounts, periods of banking distress could trigger large, sudden shifts out of deposits into CBDC. This could lead to financial instability.

    And if CBDC were too attractive a substitute for deposits, commercial banks’ access to retail deposits could erode over time. Which could lead to structural disintermediation and call into question our proven two-tier banking system. It is therefore of the essence to design CBDC in a way that prevents these risks from materialising.

    The challenge is to optimise the usability of CBDC as a means of payment while at the same time limiting its effects on the market for bank deposits. Two decisive factors in this regard are remuneration and holding limits. Let me say a few words on each of these.

    Remuneration means the rate of interest on people’s holdings of CBDC. If that rate of interest were positive, holding CBDC would be more attractive. But at the same time, that would lead to outflows out of bank deposits.

    Based on a welfare-maximising model setting, Pascal Paul will argue later this afternoon that central banks should allow for a positive interest rate.[3] This stands in contrast to the intention of the Governing Council not to remunerate digital euro holdings.[4]

    Why are we not in favour of remuneration?

    Because our aim is to make the digital euro a digital complement to cash, and there is no remuneration for holding cash. We neither want to compete with commercial banks for deposits, nor do we want to employ the digital euro as a monetary policy instrument.

    The second, perhaps even more important, factor is holding limits. We intend to limit digital euro holdings to a certain amount, because we want to ensure the digital euro does not lead to large sudden shifts or disintermediation.

    The limits currently under discussion range from €500 to €3,000.[5] A recent Bundesbank paper finds that an optimal holding limit would be in a range between €1,500 and €2,500.[6] On the Governing Council, we have not yet taken a decision on the exact amount. What is more, EU legislators might be involved here.

    But as regards the practical usability of the digital euro, the exact limit does not play a major role anyway. This is because a reverse waterfall system, as it is called, would allow users to link their digital euro wallet to their bank account. They can then convert their bank deposits into digital euro automatically and instantly if their holdings are insufficient to make a payment.

    4 Banking and deposit flows

    Allowing users to convert an unlimited amount of deposits into CBDC would expose commercial banks to substantial run risk. In any case, zero or lower interest rates will not discourage them from doing that in times of crisis. However, digital bank runs can happen even without CBDC.

    The failure of Silicon Valley Bank and other regional banks in March 2023 showed how quickly customers can withdraw their deposits these days. At Silicon Valley Bank alone, customers pulled out USD 42 billion within the space of a single day, which equated to around one-quarter of total deposits. And another USD 100 billion would have been withdrawn a day later.[7] The depositors on the run were apparently account holders with uninsured deposits.

    Banking and deposit flows are the subject of Session 3. Dominic Cucic will present a paper showing that bank customers do indeed redistribute their deposits when deposit insurance limits change.[8] Credible and reliable deposit insurance helps to prevent bank runs and preserve financial stability.

    In the euro area, we currently have deposit insurance at the national level. Adding a European layer in the form of a hybrid model would help prevent situations where large shocks overwhelm national deposit insurance systems and lead to cross-border contagion.

    As a European layer should be risk-based, large exposures of banks to individual sovereigns are an issue. Currently, many banks hold a disproportionately large number of bonds issued by their domestic governments. If this were to continue, a common deposit insurance arrangement could lead to a redistribution of sovereign solvency risks.

    In my view, the new EU legislative session provides a good opportunity to move forward on both issues: with a reduction in banks’ exposures to individual sovereigns, and a common European deposit insurance system.

    5 Central bank interventions and market behaviour

    Session 4 of this conference focuses on the impact of central bank interventions on market behaviour. Both papers in this session underline that such central bank measures need to be carefully designed.[9]

    Central banks have taken a wide range of non-standard monetary policy measures to ensure sufficient monetary stimulus at the effective lower bound. But in the medium to long term, such policies may lead to inefficiencies. These could arise in financial markets themselves or in the allocation of resources affected by the boost to lending.

    This makes it all the more important to evaluate the instruments used and the lessons learned. It is therefore very fitting that we are currently carrying out a strategy review in the Eurosystem. Amongst other things, this will provide an opportunity to critically review the quantitative easing policies we have seen in the past.

    The extensive bond purchases contributed to price stability in an era of low inflation, but they were also associated with numerous side effects in financial markets. Without prejudging the outcome of the review, I think their use should be limited to exceptional circumstances.

    6 Conclusion

    Ladies and gentlemen,

    The conference concludes with a panel discussion on the ECB’s new operational framework. As I have already expressed my views on this on a different occasion,[10] I will end my speech by expressing my gratitude.

    Thanks to the organisers from the Bundesbank and Humboldt University for setting up this conference. Thanks to the presenters, discussants and panellists for sharing their insights. Thanks to all participants for their contributions. And special thanks to Annette Vissing-Jørgensen from the Federal Reserve Board, who will give a keynote on “Balance sheet policy above the effective lower bound”.[11]

    Now I wish you all an exciting conference with valuable insights.

    Thank you very much.

    Footnotes:

    1. Rzeźnik, A. and R. Weber (2022), Money in the Right Hands, mimeo.
    2. Dunne, P. et al. (2024), Financial fragility in open-ended mutual funds: the role of liquidity management tools, Bundesbank Discussion Paper, No 36/2024.
    3. Paul, P., M. Ulate and J. C. Wu (2024), A Macroeconomic Model of Central Bank Digital Currency, mimeo.
    4. European Central Bank (2023), A stocktake on the digital euro. Summary report on the investigation phase and outlook on the next phase, 18 October.
    5. Balz, B. (2024), Only balances of €500 allowed? What the digital euro is intended to deliver – and what not, Interview with Focus online, 5 June.
    6. Bidder, R., T. Jackson and M. Rottner (2024), CBDC and banks: Disintermediating fast and slow, Deutsche Bundesbank Discussion Paper, No 15/2024.
    7. Congressional Hearing Transcript, Recent Bank Failures and the Regulatory Response, Committee on Banking, Housing, and Urban Affairs, 28 March 2023.
    8. Cucic, D. et al. (2024), Distortive Effects of Deposit Insurance: Administrative Evidence from Deposit and Loan Accounts, mimeo.
    9. Eufinger, C. and Z. Ye (2024), Breaking Bagehot’s Rules: Loan Contracting with Advantageous Central Bank Funding, mimeo; Meisenzahl, R. R. and K. M. Pence, De-Limiting Arbitrage: Evidence from the Term Asset-Backed Securities Loan Facility, mimeo.
    10. Nagel, J. (2024), Reflections on the Eurosystem’s new operational framework, Speech at the Konstanz Seminar on Monetary Theory and Monetary Policy, 16 May.
    11. Vissing-Jørgensen, A. (2023), Balance Sheet Policy Above the ELB, ECB Forum on Central Banking, Sintra.

    MIL OSI Economics –

  • MIL-OSI Economics: Luis de Guindos: Expectations surveys, central banks and the economy

    Source: European Central Bank

    Welcome address by Luis de Guindos, Vice-President of the ECB, at the 5th joint ECB, Bank of Canada and Federal Reserve Bank of New York Conference on expectations surveys, central banks and the economy

    Frankfurt am Main, 1 October 2024

    It is my pleasure to welcome you to this fifth joint conference on expectations surveys organised by the European Central Bank, the Bank of Canada and the Federal Reserve Bank of New York.

    In my remarks today, I will delve into the fascinating world of expectations surveys and their relevance to central banks. I will review how useful expectations surveys have proven to be for central banks over the period since 2019, the year we held our first conference in this series. In addition, I will touch on the challenges facing central banks in using surveys. The fact that central banks generally operate under great uncertainty has come to the fore over the past five years. Today, too, we are facing huge uncertainty – not least in view of the many prevailing economic, financial and geopolitical risks. Yet, it is precisely in this unpredictable and highly complex landscape that surveys have come into their own.

    The return of survey expectations

    Over the past decade, central banks and other policymaking institutions have invested significantly in expectations surveys and have drawn increasingly on survey data for their policy analysis and research. These surveys cover consumers, firms, financial market participants and other experts, including professional forecasters. At the ECB, we can fortunately look to a wide array of such surveys covering diverse topics such as consumer expectations, household finance and consumption, access to finance of enterprises, the payment attitudes of consumers and bank lending. Since 2013, the ECB has also conducted a survey of wholesale market participants on credit terms and conditions, and it recently developed a new survey of monetary analysts to collect expert expectations about key monetary policy parameters and concepts. Finally, the ECB’s Survey of Professional Forecasters was launched back in 1999 at the start of Economic and Monetary Union. Its structured collection of data has supported a rich research programme investigating economic forecasts and expert expectations.[1]

    All ECB surveys can provide insights into how different economic agents form and update their expectations. They can reveal the potential biases in these expectations and the extent to which expectations feed into economic decisions. Surveys were indeed quite central to the economic debate in the 1950s and the 1960s but their role became more marginal when rational expectations were incorporated into economic modelling in the 1970s. Over the past ten years, however, economists have seen survey expectations clearly returning to the mainstream.[2] One could describe the recent growth in survey-based research as a “counter-revolution” following the earlier “revolution” centred on rational expectations. Today, while models based on rational expectations still form a useful reference point in our analysis and research, they are no longer thought to provide a solid basis for understanding business cycles, for gauging the risks of financial crises or for designing effective economic policies. The central insight gained from this new line of survey-based research is that many economic agents may systematically form expectations by using partial sets of information or by following subjective narratives about how the economy functions – for example by applying simple rules of thumb.[3] It is important to understand such subjective expectations, because these beliefs often underlie the economic choices and financial decisions that drive the economy.[4]

    Surveys have repeatedly proven their usefulness over the past five years. During the COVID-19 pandemic, they were especially useful in helping to track financial conditions for firms and households, as well as in estimating the labour market response to the pandemic shock. Online surveys were of great benefit during the pandemic as in-person survey interviews were hampered by lockdown restrictions. For example, the ECB’s Consumer Expectations Survey – an online survey which was fortuitously launched in early 2020 – helped us understand the severity of the pandemic-induced collapse in consumption and gauge the overall effectiveness of the major policy interventions by governments and other authorities at the time.[5]

    Insights from surveys during the recent period of high inflation

    More recently, the data collected in surveys strongly supported the analysis of the recent inflationary episode in the euro area.[6] During the early phase of the inflation surge in 2022, survey data helped to inform the central discussion on the likely persistence of the shock. For example, the observed increase in consumers’ medium-term expectations may have interacted with an increase in firms’ pricing power to make the original supply shocks more persistent than they would otherwise have been.[7]

    Forces that would gradually help bring inflation back down to our target were also visible in more recent survey data. For example, we could see how the rise in inflation and inflation expectations was acting as a major constraint on demand and consumer spending owing to its impact on real incomes. In August 2023 respondents to the ECB’s Consumer Expectations Survey were asked what actions they were planning to take in light of their expectations about future inflation. The results clearly showed that a much higher share of consumers planned to reduce their spending in response to the expectations of higher prices.[8] In addition, consumers indicated that they would start to shop around more and buy cheaper varieties of goods and services than they normally would. In a context where the ECB was taking decisive monetary policy action aimed at restoring price stability, these behavioural responses to higher inflation expectations also contributed to the gradual unwinding of the inflationary pressures across the euro area economy.

    Insights for financial stability analysis

    In addition to monetary policy, expectations surveys are now increasingly being used for other central bank tasks as well. This includes financial stability analysis. Here, surveys can help identify potential sources of financial risk not only in financial markets and the banking system, but also in the household and non-financial corporate sectors.[9] Even when there is no discernible financial stress at the aggregate level, the disaggregated or individual-level data typically provided by surveys can help us to identify emerging risks across particular sectors or socio-demographic groups.

    In financial stability analysis, the topic of financial literacy is receiving increased attention. In the first keynote lecture of the conference, Professor Annamaria Lusardi from Stanford University will talk about why financial literacy is relevant for central banks. One consideration for financial stability analysis is that less financially literate households may be less prepared to cope with adverse economic and financial shocks. Yet, these households tend to be the most exposed to such shocks and more heavily affected when they occur. Policies seeking to boost financial literacy may help borrowers to source loans that are cheaper to service, thus promoting more efficient and more sustainable debt management. These issues may be particularly relevant for real estate markets and housing, which will be the focus of the second keynote lecture of the conference, given by Professor Tarun Ramadorai from Imperial College London. Professor Ramadorai will discuss the importance of non-rational beliefs in the housing market and how household surveys can help inform policies that can address these frictions.

    Sustaining the quality and representativeness of surveys

    Our experiences with survey data also highlight the challenges that policymakers face when using these data. Survey data can be volatile and there is evidence of overreaction in both household and firm surveys of expectations. For this reason, surveys may provide a noisy signal for policymaking in practice, which complicates how these data should feed into the policy reaction function. In this respect, I hope the research presented at today’s conference can also help policymakers distinguish the signal from the noise that is always embedded in expectations data. These considerations underline the importance of the quality of the survey design, including the sampling and data collection methods. It is crucial that questions are designed to avoid the framing of responses and that the complexity of the questionnaires is managed appropriately to avoid survey fatigue, which may negatively affect data quality. As central banks are making increasing use of survey data, they need to continuously and carefully monitor these data to ensure responses remain representative of the underlying population’s beliefs and behaviour.

    Conclusion

    Let me conclude. Today, expectations surveys are an important part of the toolkit available to central banks for their policy analysis. These surveys reveal insights about the economy that would otherwise remain hidden from view. As a result, they can contribute to more robust policy decisions and better policy assessments.

    I would like to finish by thanking the presenters and participants in advance for their contributions and the conference organisers for putting together such an impressive programme. I wish you all a productive and successful two days of lively debate and discussion. I am confident that the insights that will emerge from sharing our experiences of different surveys across many countries and institutions will ultimately enhance the way in which we use expectations surveys to help guide policy decisions.

    MIL OSI Economics –

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC] – 30 09 2024 – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 30 SEPTEMBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,263,593 1.2956    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,263,593 1.2956    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY SELL 23,492 95.15p
    0.375p ORDINARY SELL 18,905 95.2502p
    0.375p ORDINARY SELL 15,000 95.6p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 01 OCTOBER 2024
    Contact name: DAN SALISBURY
    Telephone number: 01253 376532

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

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

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

    The MIL Network –

  • MIL-OSI Canada: The music never stops at South Health Campus | La musique ne s’arrête jamais au South Health Campus

    Source: Government of Canada regional news

    After the impressive success of the pilot concert series earlier this year, Alberta’s government is providing a $19,000 grant to Calgary company Stagehand to bring a second concert season to the South Health Campus. The second season of the full-year concert series will begin on Sept. 26.

    A patient watches local musicians play at the South Health Campus music series pilot project in February of 2024.

    This grant renews the pilot project from February 2024, when Alberta’s government first enabled Stagehand to bring musicians to perform for South Health Campus patients, staff and visitors.

    “Alberta’s government recognizes the incredible impact music has on people’s lives, and how it can give people the strength to beat their illness. That is why we are proud to support this amazing concert series that supports local artists and helps lift spirits at the South Health Campus.”

    Tanya Fir, Minister of Arts, Culture and Status of Women

    “Music has the power to heal and uplift, and this concert series brings that joy to patients, families and health care workers. We’re proud to support Alberta’s talented musicians while enhancing the well-being of everyone at the South Health Campus.”

    Adriana LaGrange, Minister of Health

    Stagehand offers a digital platform that connects artists with venues to book and promote live events. The Calgary-based company will provide the platform to manage an open call for artists, selection, contracting, scheduling, payment and data collection.

    The pilot project in February included 10 performances at various times and locations at the South Health Campus. The program aligns with the government’s goals for Alberta’s continued economic success by supporting the province’s music industry. This project also helps share Alberta’s cultures, perspectives and stories through music while supporting local musicians.

    “Stagehand is proud to bring music back into Calgary’s South Health Campus for a second concert series. Music has an incredible ability to heal, and Stagehand is exploring even more ways to get more music to the people who need it. I would like to thank Alberta’s government and Minister Fir for the continued support, and I look forward to collaborating in the future.”

    Derek Manns, co-founder and chief executive officer, Stagehand

    “Music offers more than just entertainment for patients; it provides a powerful source of joy, comfort and healing, especially for those dealing with pain, undergoing medical procedures, rehabilitation therapies, or facing long hospital stays. By reducing anxiety, lowering blood pressure and enhancing mood, music fosters a sense of calm and empowerment, helping patients regain control in the midst of their challenges.”

    Dr. Stephanie Plamondon, physician, Department of Physical Medicine & Rehabilitation at South Health Campus, and clinical professor, University of Calgary

    Quick facts

    • According to West Anthem’s Resonant Energies: A Music City Strategy for Calgary released in May, music contributed $1.7 billion to Alberta’s GDP and supported 20,577 jobs in 2020.
    • Feedback on the pilot project in February was overwhelmingly positive, with 97 per cent of audiences reporting being satisfied or very satisfied with the performances, and 82 per cent of musicians reporting a positive impact on their mental health.

    Related information

    • Alberta Health Services Upcoming Events – Stagehand (Concert Schedule)

    Related news

    • Good vibrations for Calgary’s South Health Campus | Bonnes vibrations au South Health Campus de Calgary (Jan. 19, 2024)
    • Music encore at Calgary’s South Health Campus | La musique en rappel au South Health Campus de Calgary (July 16, 2024)

    Une série de concerts qui aide à remonter le moral et à guérir les Albertaines et Albertains au South Health Campus de Calgary est de retour pour une deuxième saison.

    Après le succès retentissant de la série de concerts pilotes présentée au début de l’année, le gouvernement de l’Alberta a accordé une subvention de 19 000 dollars à l’entreprise Stagehand de Calgary pour qu’elle puisse organiser une deuxième série de concerts au South Health Campus. La deuxième série de concerts s’étendra sur toute l’année et débutera le 26 septembre.

    En février 2024, un patient regarde des musiciens de la région jouer dans le cadre du projet pilote de la série musicale du South Health Campus.

    Cette subvention renouvelle le projet pilote de février 2024, lorsque le gouvernement de l’Alberta a permis pour la première fois à Stagehand d’inviter des musiciens à se produire devant les patients, le personnel et les visiteurs du South Health Campus.

    « Le gouvernement de l’Alberta reconnaît l’impact incroyable de la musique sur la vie des gens et la façon dont elle peut leur donner la force de vaincre leur maladie. C’est pourquoi nous sommes fiers de soutenir cette formidable série de concerts, qui permet d’encourager les artistes locaux tout en remontant le moral des gens au South Health Campus. »

    Tanya Fir, ministre des Arts, de la Culture et de la Condition féminine

    « La musique a le pouvoir de guérir et de remonter le moral des gens, et cette série de concerts apporte cette joie aux patients, aux familles et aux travailleurs de la santé. Nous sommes fiers de soutenir les musiciens talentueux de l’Alberta tout en améliorant le bien-être de toutes et de tous au South Health Campus. »

    Adriana LaGrange, ministre de la Santé

    L’entreprise Stagehand met en relation les artistes et les établissements en proposant une plateforme numérique qui permet de réserver et de promouvoir des événements en direct. Basée à Calgary, l’entreprise fournira la plateforme où pourront être gérés les appels ouverts aux artistes et leur sélection, les contrats, la programmation, le paiement et la collecte de données.

    Le projet pilote de février a permis de donner dix représentations à des heures et à des endroits différents au South Health Campus. Le programme s’inscrit dans les objectifs du gouvernement qui visent à assurer le succès économique continu de l’Alberta grâce au soutien de l’industrie musicale de la province. Ce projet contribue également à partager, par la musique, les cultures, les perspectives et les récits de l’Alberta, tout en soutenant les musiciens locaux.

    « Stagehand est fière de ramener la musique au South Health Campus de Calgary pour une deuxième série de concerts. La musique a une incroyable capacité de guérison, et Stagehand explore encore plus de moyens pour apporter plus de musique aux personnes qui en ont besoin. Je tiens à remercier le gouvernement de l’Alberta et la ministre Fir de leur soutien continu, et je me réjouis à l’idée de continuer à collaborer avec eux. »

    Derek Manns, cofondateur et directeur général de Stagehand

    « La musique est plus qu’un simple divertissement pour les patients; elle est une puissante source de joie, de réconfort et de guérison, en particulier pour celles et ceux qui souffrent, qui subissent des procédures médicales, des thérapies de réadaptation ou qui doivent effectuer de longs séjours à l’hôpital. En réduisant l’anxiété, en abaissant la tension artérielle et en améliorant l’humeur, la musique favorise un sentiment de calme et d’autonomisation, ce qui aide les patients en difficulté à reprendre le contrôle de leur santé. »

    Stephanie Plamondon, médecin, Département de physiatrie et de réadaptation du South Health Campus, et professeur clinique à l’université de Calgary

    En bref

    • Selon le rapport intitulé « Resonant Energies: A Music City Strategy for Calgary », publié en mai, la musique a contribué à hauteur de 1,7 milliard de dollars au PIB de l’Alberta, en plus de soutenir 20 577 emplois en 2020.
    • Les réactions au projet pilote de février ont été extrêmement positives : 97 % des spectateurs se sont déclarés satisfaits ou très satisfaits des spectacles, et 82 % des musiciens ont fait état d’un impact positif sur leur santé mentale.

    Renseignements connexes (en anglais seulement)

    • Alberta Health Services Upcoming Events – Stagehand (horaire des concerts)

    Nouvelles connexes

    • Good vibrations for Calgary’s South Health Campus | Bonnes vibrations au South Health Campus de Calgary (19 janvier 2024)
    • Music encore at Calgary’s South Health Campus | La musique en rappel au South Health Campus de Calgary (16 juillet 2024)

    MIL OSI Canada News –

  • MIL-OSI Canada: Canada named as Country of The Year for France’s 2025 Viva Technology 

    Source: Government of Canada News

    News release

    September 26, 2024 – Ottawa, Ontario – Global Affairs Canada

    Today, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, announced that Canada has been named the Country of The Year for Viva Technology 2025, the largest technology event in Europe, which is scheduled for June 11 to 14, 2025 in Paris, France. This honour reinforces Canada’s reputation as a worldwide leader in artificial intelligence. Scale AI, Canada’s Global Innovation Cluster focused on Artificial Intelligence (AI), will lead Canada’s business delegation.

    Viva Technology is a major annual technology conference where business leaders, startups, and investors come together to share ideas and showcase innovative technologies. As the Country of The Year, Canada will showcase its expertise to the global community and connect with thousands of visionary startups, investors, organizations, researchers, and media during the ninth edition of one of the world’s biggest tech events. Leveraging advancements in AI can enhance Canada’s economy, increase productivity, and create exciting new opportunities for all Canadians.

    Companies interested in being part of Canada’s delegation to Viva Technology 2025 can express their interest through Scale AI, Canada’s AI Global Innovation Cluster focused on leveraging AI to improve value chains.

    Canada’s participation in Viva Technology 2025 was addressed by Prime Minister Trudeau and French President Macron in their Joint Declaration as President Macron concluded his visit to Canada yesterday. This reflects the strong collaboration between Canada and France in artificial intelligence through initiatives like the Global Partnerships on AI and the Centres of Excellence in Montreal and Paris. Viva Technology 2025 will provide an excellent opportunity to build on our ongoing work with France to strengthen cooperation among governments, organizations, and businesses to deliver technology solutions that are responsible, secure, and grounded in human rights and democratic values.

    Quotes

    “As the Country of The Year at Viva Technology 2025, Canada will stand at the forefront of innovation, showcasing the immense trade benefits that arise from connecting startups, technology leaders, large companies, and investors. Together, Canada and France are not only enhancing global collaboration but also driving a new era of growth and creativity that benefits both of our nations.”

    – Mary Ng, Minister of Export Promotion, International Trade and Economic Development

    “Canada is building an ecosystem where innovation can thrive while ensuring we are developing safe technologies. Canada has been working hard with France to make concrete progress in the development of a robust and responsible AI ecosystem and I look forward to furthering our collaboration as we showcase our progress at this global technology event.”

    – François-Philippe Champagne, Minister of Innovation, Science and Industry

    Quick facts

    • The commercial relationship between Canada and France is underpinned by the Canada-EU Comprehensive Economic and Trade Agreement (CETA), which has been provisionally applied since 2017. 

    • CETA creates opportunities for French and Canadian businesses by eliminating tariffs and increasing the mobility of business people, among other things.

    • Canada and France have worked collaboratively on several initiatives for the responsible use of AI including launching the Global Partnership on Artificial Intelligence (GPAI) in June 2020.

    • The Government of Canada announced a Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems in September 2023 and an AI Safety Institute.

    • The Viva Technology 2024 Canadian delegation of 60 organizations was the largest Canadian AI presence ever showcased at an international event.

    Associated links

    Contacts

    Huzaif Qaisar
    Press Secretary
    Office of the Minister of Export Promotion, International Trade and Economic Development
    343-575-8816
    Huzaif.Qaisar@international.gc.ca

    Media Relations Office
    Global Affairs Canada
    media@international.gc.ca
    Follow us on X (Twitter): @CanadaTrade
    Like us on Facebook: Canada’s international trade – Global Affairs Canada

    MIL OSI Canada News –

  • MIL-OSI Canada: Federal government invests in housing in Salt River First Nation

    Source: Government of Canada News (2)

    News release

    Fort Smith, Northwest Territories, September 26, 2024 — New homes in Salt River First Nation Reserve in Fort Smith are one step closer after an investment of $205,000 from the federal government was announced today by MP McLeod. This funding was used to purchase equipment to assist with the construction of new homes on reserve.

    Supporting the needs of the most vulnerable people in Canada is one of the goals of Reaching Home: Canada’s Homelessness Strategy. The funding announced today for the Salt River First Nation is being used to address territorial homelessness by helping to build dedicated housing for individuals and families experiencing or at imminent risk of homelessness.

    Quotes

    “The federal government is committed to working with communities and Indigenous partners to increase the availability of safe, inclusive housing options. By investing in housing and relevant supports, we can create stronger, healthier, and more resilient communities for generations to come.”

    Michael McLeod, Member of Parliament for Northwest Territories, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

    “Developing our new reserve to meet the critical housing needs of our people is a high priority for SRFN. Chief and Council value the support from Canada as we collaborate  to build a better future for our nation”

    Elizabeth Westwell, Chief Executive Officer of Salt River First Nation

    Quick facts

    • Reaching Home is a community-based program aimed at preventing and reducing homelessness across Canada. This program provides funding and support to urban, Indigenous, territorial, rural, and remote communities to help them address their local homelessness needs.

    • Funding under this program is allocated to 64 Designated Communities (urban centres), three territorial capitals, 30 Indigenous communities, and rural and remote communities across Canada. The program also makes funding available to Indigenous partners to support distinctions-based approaches to homelessness services.

    • Through Reaching Home, the federal government is investing $4 billion over 9 years to address homelessness. Budget 2024 announced an additional $1 billion over four years from 2024-25 to 2027-28 to stabilize funding for Reaching Home. This includes $50 million to accelerate community-level reductions in homelessness.

    • Budget 2024 also announced $250 million over two years, starting in 2024-25, to address the urgent issue of encampments and unsheltered homelessness. This initiative envisions working with provinces and territories to cost-match federal investments.

    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 Twitter, Facebook, Instagram and LinkedIn
    Web: Housing, Infrastructure and Communities Canada

    MIL OSI Canada News –

  • MIL-OSI Europe: Speech by President Charles Michel at the ministerial meeting for key partners in support of UNRWA

    Source: Council of the European Union

    At the ministerial meeting on the role of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) in Gaza, the West Bank and the region, President Charles Michel stressed the EU’s role as a reliable partner.

    MIL OSI Europe News –

  • MIL-OSI USA: Klobuchar Statement on Federal Approval of Minnesota Broadband Infrastructure Plan

    US Senate News:

    Source: United States Senator for Minnesota Amy Klobuchar
    WASHINGTON – U.S. Senator Amy Klobuchar (D-MN), a senior member of the Senate Commerce Committee, announced that the National Telecommunications and Information Administration (NTIA) at the U.S. Department of Commerce approved Minnesota’s plan for broadband infrastructure deployment. This development advances Minnesota to the next step in their planned affordable broadband rollout across the state.
    Klobuchar’s Accessible, Affordable Internet for All Act was incorporated into the Bipartisan Infrastructure Law and was the basis for the significant federal funding to Minnesota for expanding high-speed internet access.
    “Internet access is necessary for everything from education to healthcare, not to mention for keeping in touch with friends and family. However, many households in Minnesota currently don’t have a reliable broadband connection,” said Klobuchar. “That is why I fought to secure this game changing investment that will deliver affordable and reliable high-speed internet to everyone in Minnesota. With the approval of Minnesota’s rollout plan, we are one step closer to connecting every corner of our state.” 
    Klobuchar has long led efforts to expand broadband access, support rural broadband, and bridge the digital divide.
    In June 2023, Klobuchar announced that the U.S. Department of Commerce had awarded major federal funding through the Bipartisan Infrastructure Law to bring reliable, affordable, high-speed internet access to every household in Minnesota. The Accessible, Affordable Internet for All Act, Klobuchar’s legislation with Former House Majority Whip Jim Clyburn (D-SC) to expand high-speed internet nationwide, served as the basis for the program created by the Bipartisan Infrastructure Law. 
    In March 2023, Klobuchar and Senators John Thune (R-SD), John Hickenlooper (D-CO), and Jerry Moran (R-KS) reintroduced bipartisan legislation to expand broadband access to rural communities. The Reforming Broadband Connectivity Act would strengthen funding mechanisms for the Federal Communications Commission’s (FCC) Universal Service Fund (USF), which promotes universal access to broadband and other telecommunications services. Currently, the USF is primarily funded through landline fees, disproportionately impacting seniors, who are more likely to use landlines than other Americans. 
    In February 2023, Klobuchar introduced bipartisan legislation with Senator Shelley Moore Capito (R-WV) to strengthen broadband access for rural communities. The Rural Broadband Protection Act would ensure that providers applying for federal funding can reliably deliver broadband to underserved, rural communities. 
    In July 2021, Klobuchar introduced bipartisan legislation with Senator Chuck Grassley (R-IA) to expand rural broadband access by streamlining the funding process and removing barriers for broadband connectivity in hard-to-serve rural areas.

    MIL OSI USA News –

  • MIL-OSI Video: How one founder’s design background is helping to rethink EV charging in cities

    Source: World Economic Forum (video statements)

    After the pandemic, Tiya Gordon realized the next global crisis would be climate based. To that end, she’s co-founded It’s Electric, a curbside solution that takes power from buildings, sidestepping the currently time-consuming permitting and installation process that slows the growth of charging stations in cities around the world. She shares how her design background has helped her be clear-eyed on objectives, identify fresh approaches and break down stubborn barriers, all to speed the change needed for the energy transition.  To learn more: Guest: https://www.itselectric.us/Report: Scaling Investment in EV Charging: A Policy Roadmap for Cities (https://www.weforum.org/publications/scaling-investment-in-ev-charging-a-policy-roadmap-for-cities/) Related podcasts: An energy company is building the world’s largest airplane. Here’s why: https://www.weforum.org/podcasts/meet-the-leader/episodes/mark-lundstrom-radia-climate-change/ 7 top innovators share strategies that drive cutting edge solutions: https://www.weforum.org/podcasts/meet-the-leader/episodes/top-innovator-strategies-tactics/

    https://www.youtube.com/watch?v=UUylbTjPiD4

    MIL OSI Video –

  • MIL-OSI: GGI, co-founded by MixMarvel and Yeeha! Games, showcasing Major Partnerships and GameFi Innovations at Token2049

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Sept. 26, 2024 (GLOBE NEWSWIRE) — Following its successful appearances at Japan’s WebX and Korea Blockchain Week (KBW), GGI, a Web3 group co-founded by MixMarvel and Yeeha! Games, continued to make waves at Token2049 Singapore, one of the largest blockchain conferences of the year. With exciting new partnerships and a strong presence across major side events, GGI demonstrated its ongoing commitment to leading innovation in the Web3 gaming sector.

    Expanding the Ecosystem with New Partners

    At Token2049, GGI unveiled new ecosystem partners, including ArkForge and SOMSOC, further solidifying its position as a key player in the blockchain gaming space. GGI also held a series of game-related side events in collaboration with some of the most influential ecosystems today, including LINE NEXT and TON, where the future of Web3 gaming was explored in depth. These collaborations highlight GGI’s growing influence and its role in bringing together key players in the industry.

    A New Wave of Games on the Horizon

    Since its inception, GGI has consistently pushed the boundaries of what’s possible in Web3 gaming, achieving significant commercial and business expansion. At Token2049, GGI introduced its latest gaming lineup to partners and players, with titles like SimDunk, which recently launched its Pioneer Test, and upcoming games such as Yokai Odyssey and ATMAN. These titles form part of GGI’s broader publishing strategy, which includes 7 Telegram mini-games, 5 large-scale midcore games, and collaborations with 10 indie studios. Each of these games represents GGI’s commitment to offering diverse, high-quality content that bridges the gap between Web2 and Web3 gaming communities.

    Leading at Token2049’s Premier Events

    As a sponsor, GGI took center stage at the InnoBlock Summit, one of the largest side events of Token2049, hosted by the Asia Blockchain Gaming Alliance (ABGA). Alongside over 100 industry leaders, GGI explored application-layer opportunities in the Web3 space, sharing the stage with pioneers like Catizen, Mythical Games, and Seraph to discuss what it takes to succeed in today’s competitive Web3 gaming landscape. Notably, Nancy, CEO of Yeeha! Games and co-founder of GGI, delivered a keynote at the summit, showcasing Yeeha!’s platform and its mission to become the “Epic Games of Web3.” Attendees were particularly excited about Yeeha!’s upcoming AI-driven gaming solutions, including a natively trained GPT that promises to revolutionize Web3 gaming experiences.

    Co-Hosting for Industry Insights and Collaboration

    GGI also co-hosted a major event for Web3 Gaming Builders and VCs alongside LINE NEXT, Kaia, and ABGA, focusing on how to empower the growing APAC gaming community. During the event, GGI highlighted its comprehensive ecosystem, which spans game incubation, publishing, and infrastructure development. By showcasing premium content and impressive growth metrics, GGI reinforced its vision to create high-quality, engaging gaming experiences that bring Web2 players into the Web3 space.

    Spotlight at the Open Art Conference

    Another key highlight for GGI at Token2049 was its participation in the Open Art Conference, hosted by TON Society, TONX, and Blum at the National Gallery Singapore. With over 8,000 registered participants, this event celebrated TON’s growing ecosystem, where GGI has been an early and active supporter. GGI shared insights on how TON, often seen as a dark horse in the GameFi sector, is poised to have a profound impact on the industry. Additionally, GGI introduced the exciting SOMSOC x Yeeha! collaboration, which includes the HOUSEBOY art collection and the cyber-themed basketball game SimDunk, which officially launched its Pioneer Test on the day of the event, receiving an enthusiastic reception from the gaming community.

    GGI’s Commitment to the Future of Web3 Gaming

    Token2049 Singapore solidified GGI’s reputation as a trailblazer in Web3 gaming, as the company continues to build sustainable partnerships and deliver premium gaming experiences. Amid the challenges and opportunities in this fast-evolving industry, GGI remains dedicated to injecting vitality into the blockchain gaming sector by offering innovative and engaging content for both Web2 and Web3 players.

    With its continued growth and collaboration with top industry partners, GGI is set to shape the future of Web3 gaming for years to come. As it looks ahead to new game launches, partnerships, and innovations, GGI is well-positioned to lead the next wave of GameFi success.

    About GGI

    GGI, the leading Web3 group co-founded by MixMarvel and Yeeha! Games, serving as the definitive gateway to gaming for builders and mass players with cutting-edge infrastructure, platform and top-tier investment, incubation, and publishing services.

    Affiliated Brands:

    • ️MixMarvel
    • ️Yeeha
    • ️Rangers Protocol

    GGI Pillar Services:

    • Investment
    • Content Incubation
    • Game Publishing & Distribution Platform
    • Infrastructure

    Contact Details:
    Connie Wu
    Marketing Manager
    connie.w@yeehagames.com

    ArkForge
    Fay Ying, Co-Founder
    fay@arkforge.gg

    MixMarvel
    Alina Zarelua
    alina@mixmarvel.com

    SOMSOC Gallery
    dongshan@somsoc.jp

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cc7c6033-cce5-4389-963e-139871a16de0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2633b4ef-ca1f-4b8b-b1fe-2a585cbf32a7

    The MIL Network –

  • MIL-OSI Security: Ra Medical Systems, Inc. & Physicians Pay Over $8 Million to Resolve False Claims Act Allegations of Illegal Kickbacks

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    DETROIT – United States Attorney Dawn N. Ison announced today a series of three civil settlements, totaling over $8 million, related to, among other allegations, kickbacks that medical device company Ra Medical Systems, Inc. (Ra Medical), paid to various physicians across the country related to Ra Medical’s DABRA laser.

    Ison was joined in the announcement by Special Agent in Charge Mario M. Pinto of the U.S. Department of Health & Human Services, Office of Inspector General (HHS-OIG), Chicago Regional Office, Cheyvoryea Gibson, Special Agent-in-Charge of the Detroit Field Office of the Federal Bureau of Investigation, and Special Agent in Charge Patrick J. Hegarty, Department of Defense Office of Inspector General, Defense Criminal Investigative Service (DCIS), Northeast Field Office. 

    Ra Medical was a medical device company that was formerly headquartered in Carlsbad, California.  From 2017-2019, Ra Medical manufactured and sold a device known as the DABRA Laser.  The settlement with Ra Medical resolves the following alleged violations of the False Claims Act:

    • Ra Medical marketed the DABRA Laser for use in atherectomies, a procedure whereby plaque is mechanically removed from occluded blood vessels in patients suffering from peripheral artery disease. The U.S. Food and Drug Administration, however, had not approved the DABRA Laser for use in atherectomy procedures.
    • Additionally, Ra Medical knowingly marketed the DABRA Laser despite product performance issues causing frequent calibration and overheating problems, which posed a risk to physicians and patients, and prompted a recall in August 2019.
    • Ra Medical also knowingly offered and paid illegal remuneration to certain physicians to induce them to use the DABRA Laser in violation of the Federal Anti-Kickback Statute. The United States contends that the illegal remuneration consisted of cash payments and fees paid in connection with purported training events and consulting services. The United States further contends that RMS tracked utilization of its high-volume physician customers using an internal document titled “Who Deserve[] Love,” which was used to identify physicians that RMS should target with offers of improper remuneration. Two of the recipients of the alleged kickback payments were Elias Kassab, M.D. (Kassab), of Dearborn, Michigan, and David Allie, M.D. (Allie), of Lafayette, Louisiana.

    The Federal Anti-Kickback Statute prohibits offering or paying anything of value to induce referrals of items or services covered by Medicare and other federally funded programs.  The statute is intended to ensure that a medical provider’s judgment is not compromised by improper financial incentives.

    Under the terms of the agreement with Ra Medical, which was entered into pursuant to DOJ’s inability to pay settlement guidelines and was executed in December 2020, Ra Medical paid $2.5 million up front and would pay up to $28 million more if future financial contingencies were met.  In January 2023, Ra Medical paid an additional $5 million, after its reverse merger with Catheter Precision, Inc., triggered one of the contingencies.

    The settlement with Ra Medical remained under seal while the United States continued its investigation into Kassab and Allie, among others, who were alleged to have received improper kickbacks.  In a separate settlement, Kassab and two of his companies agreed to pay $450,000 to resolve the allegations against them.  In the third settlement, Allie and his consulting company agreed to pay $250,000 to resolve the allegations against them.

    “The United States will not allow doctors to hold out their hands expecting to be paid to use and promote a device,” said U.S. Attorney Ison. “The millions of people who depend on our federal healthcare programs deserve and expect medical decisions untainted by kickbacks, and this settlement reflects our commitment to pursuing not just the companies that pay illegal kickbacks, but also the physicians who willingly extract and accept them.”

    “The payment of kickbacks to induce referrals can undermine the trust in our nation’s providers and result in costly reductions to our federal health care programs,” said Special Agent in Charge Mario M. Pinto of the U.S. Department of Health and Human Services Office of Inspector General. “We will continue to work diligently with our law enforcement partners to ensure the appropriate use of taxpayer dollars.”

    “Healthcare services are being unlawfully influenced by medical providers engaging in criminal kickback schemes, significantly impacting programs such as Medicare and Medicaid,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “Our office is fully committed to investigating and holding accountable those individuals and organizations involved in illegal profit-driven practices that harm our medical system.”

    “Protecting TRICARE, the healthcare system for military members and their dependents, is a top priority for the Defense Criminal Investigative Service (DCIS), the law enforcement arm of the Department of Defense Office of Inspector General,” stated Special Agent-in-Charge Patrick J. Hegarty, DCIS Northeast Field Office.  “The settlement agreement announced today demonstrates our ongoing commitment to work with our law enforcement partners and the Department of Justice to investigate allegations of healthcare fraud.”

    The civil settlements resolve the claims brought by Robert Gruber, under the qui tam or whistleblower provisions of the False Claims Act.  Under these provisions, a private party may file an action on behalf of the United States and receive a portion of any recovery.  The qui tam case is captioned United States ex rel. Gruber v. Ra Medical Systems, Inc., et al., No. 19-12044 (E.D. Mich.).  The whistleblower will receive a combined $1,722,000 from the three settlements.  The claims resolved by the settlements are allegations only; there has been no determination or admission of liability.

    The matter was investigated by Assistant U.S. Attorney Jonny Zajac of the U.S. Attorney’s Office for the Eastern District of Michigan, with assistance from HHS-OIG, the FBI, and the Defense Criminal Investigative Service.

    MIL Security OSI –

  • MIL-OSI Security: Convicted Felon Sentenced for the Second Time in One Year After Failing to Appear in Court While on Supervised Release

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

    Salt Lake City, Utah – Thomas Fairbanks, 71, of Cache County, Utah, was sentenced today to an additional 30 days’ imprisonment for failure to appear in court for a sentencing hearing in a securities fraud case. The one month sentence will be served consecutively to his 27 months’ securities fraud sentence, which was imposed in April 2024. 

    According to court documents and statements made at the change of plea hearing, on May 24, 2023, Fairbanks failed to appear in front of U.S. District Court Judge Jill N. Parrish for his sentencing in a 2019 securities fraud case, after he was convicted by a jury on August 30, 2022. After his failure to appear, a warrant was issued for his arrest, and he was later arrested in February 2024. According to court documents in the 2019 case, the defendant was convicted of a securities fraud scheme in connection with his fraudulent company SupplyLine Partners. As part of the scheme, Fairbanks created a pitch deck to advertise the entity, ran seminars to find investors, and ultimately convinced at least two individuals to invest with him in his fake entity. SupplyLine was never a registered company nor was Fairbanks authorized to sell securities.

    Fairbanks took victims’ money and did not invest as he said he would, never returned the money and did not pay out the promised 6% interest. In total, Fairbanks defrauded two victims out of $270,232.

    The case was investigated jointly by the Utah Division of Securities and the FBI Salt Lake City Field Office.

    Assistant United States Attorneys Ruth Hackford-Peer and Kevin Sundwall of the U.S. Attorney’s Office for the District of Utah prosecuted the case. 
     

    MIL Security OSI –

  • MIL-OSI Security: Texas Businessman Accused of $1.9 Million COVID Test Kit Fraud

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    ST. LOUIS – A Texas businessman has been indicted in St. Louis and accused of fraudulently seeking more than $4.5 million from Medicare for COVID test kits and obtaining more than $1.9 million.

    Rashid Naqvi, 51, of the Houston area, was indicted in U.S. District Court in St. Louis on September 4 on four counts of wire fraud conspiracy and one count each of obstruction of a federal audit and conspiracy.

    He appeared in court Wednesday and pleaded not guilty.

    The indictment accuses Naqvi of fraudulently obtaining $1,974,479 from Medicare from March 2023 through September 2024 by billing for numerous COVID-19 test kits that were sent to patients who had never requested them. Many of the patients were dead, the indictment says. Naqvi obtained victims’ Medicare Numbers and identifiers without their knowledge or consent by paying a total of $488,435 in illegal kickbacks to co-conspirators, the indictment says. It says Naqvi used two laboratories that he owned to submit the false claims to Medicare, Elite Diagnostics Inc. in Missouri and Astro Diagnostics Inc. in the Southern District of Texas.

    The indictment says Naqvi attempted to conceal his scheme by disguising kickback payments as payments for COVID test kits, creating a sham contract with one of the companies supplying the information and submitting false documents to Medicare investigators during an audit. He continued submitting false claims to Medicare even after patients called to tell him that they did not request or want the test kits, the indictment says. Naqvi sought a total of $4,579,850 from Medicare.

    Charges set forth in an indictment are merely accusations and do not constitute proof of guilt.  Every defendant is presumed to be innocent unless and until proven guilty.

    Wire fraud is punishable by up to 20 years in prison, a $250,000 fine, or both. Obstruction of a federal audit and conspiracy are each punishable by up to five years in prison and a $250,000 fine.

    “Today’s indictment reflects our unwavering commitment to safeguarding Medicare and ensuring that its resources are used appropriately,” said Linda T. Hanley, Special Agent in Charge, U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG). “There are serious consequences for individuals who seek to manipulate federal health care programs by exploiting enrollees’ personal information and participating in illegal kickbacks. HHS-OIG is committed to working with our law enforcement partners to hold those accountable who undermine the integrity of our health care system.”

    The FBI and the U.S. Department of Health and Human Services Office of Inspector General investigated the case. Assistant U.S. Attorney Derek Wiseman is prosecuting the case. 

    MIL Security OSI –

  • MIL-OSI Security: Dracut Brothers Agree to Plead Guilty to Fraud Scheme Involving Online Sales of Cosmetics

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    BOSTON – Two men have been charged with, and have agreed to plead guilty to, carrying out a scheme to obtain products of an online cosmetics company through fraud and to resell those products on Amazon and eBay for a profit.

    Brothers Nick Ashtar-Zadeh, 22, and Nika Ashtar-Zadeh, 23, of Dracut, have agreed to plead guilty to one count of wire fraud each. Plea hearings have not yet been scheduled by the Court.

    According to the charging documents, between 2020 and 2021, Nick Ashtar-Zadeh and Nika Ashtar-Zadeh operated Amazon and eBay “stores” that offered various products for sale, including the products of a cosmetics company in Texas. It is alleged that the Ashtar-Zadehs offered the company’s products on these platforms to buyers for one-time payments that were typically equal to or below the company’s list prices for the same products. The Ashtar-Zadehs then enrolled these Amazon and eBay buyers in the company’s 30-day trial program for the same products. The brothers allegedly entered the buyers’ information on the company’s website, without the customers’ knowledge or consent, and caused the company to ship its products to those buyers for a trial period. It is alleged that, for these orders, the Ashtar-Zadehs presented the company with forms of payment that fulfilled initial charges of $19.95 but were declined when the company attempted to charge later installments, after buyers had kept the products past 30 days. The brothers sold the company’s products in this manner to hundreds of buyers on Amazon and eBay, each time pocketing the difference between what the buyers paid them and the initial $19.95 upfront payment to the company. As a result of the alleged conduct, the Ashtar-Zadehs cost the company hundreds of thousands of dollars in losses.

    The charge of wire fraud provides a sentence of up to 20 years in prison, three years of supervised release and a fine of up to $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    Acting United States Attorney Joshua S. Levy and Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division made the announcement today. Assistant U.S. Attorney David M. Holcomb of the Securities, Financial & Cyber Fraud Unit is prosecuting the case.

    The details contained in the charging documents are allegations. The defendants are presumed to be innocent unless and until proven guilty beyond a reasonable doubt in the court of law.
     

    MIL Security OSI –

  • MIL-OSI Security: Ra Medical Systems, Inc. & Physicians Pay Over $8 Million to Resolve False Claims Act Allegations of Illegal Kickbacks

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    DETROIT – United States Attorney Dawn N. Ison announced today a series of three civil settlements, totaling over $8 million, related to, among other allegations, kickbacks that medical device company Ra Medical Systems, Inc. (Ra Medical), paid to various physicians across the country related to Ra Medical’s DABRA laser.

    Ison was joined in the announcement by Special Agent in Charge Mario M. Pinto of the U.S. Department of Health & Human Services, Office of Inspector General (HHS-OIG), Chicago Regional Office, Cheyvoryea Gibson, Special Agent-in-Charge of the Detroit Field Office of the Federal Bureau of Investigation, and Special Agent in Charge Patrick J. Hegarty, Department of Defense Office of Inspector General, Defense Criminal Investigative Service (DCIS), Northeast Field Office. 

    Ra Medical was a medical device company that was formerly headquartered in Carlsbad, California.  From 2017-2019, Ra Medical manufactured and sold a device known as the DABRA Laser.  The settlement with Ra Medical resolves the following alleged violations of the False Claims Act:

    • Ra Medical marketed the DABRA Laser for use in atherectomies, a procedure whereby plaque is mechanically removed from occluded blood vessels in patients suffering from peripheral artery disease. The U.S. Food and Drug Administration, however, had not approved the DABRA Laser for use in atherectomy procedures.
    • Additionally, Ra Medical knowingly marketed the DABRA Laser despite product performance issues causing frequent calibration and overheating problems, which posed a risk to physicians and patients, and prompted a recall in August 2019.
    • Ra Medical also knowingly offered and paid illegal remuneration to certain physicians to induce them to use the DABRA Laser in violation of the Federal Anti-Kickback Statute. The United States contends that the illegal remuneration consisted of cash payments and fees paid in connection with purported training events and consulting services. The United States further contends that RMS tracked utilization of its high-volume physician customers using an internal document titled “Who Deserve[] Love,” which was used to identify physicians that RMS should target with offers of improper remuneration. Two of the recipients of the alleged kickback payments were Elias Kassab, M.D. (Kassab), of Dearborn, Michigan, and David Allie, M.D. (Allie), of Lafayette, Louisiana.

    The Federal Anti-Kickback Statute prohibits offering or paying anything of value to induce referrals of items or services covered by Medicare and other federally funded programs.  The statute is intended to ensure that a medical provider’s judgment is not compromised by improper financial incentives.

    Under the terms of the agreement with Ra Medical, which was entered into pursuant to DOJ’s inability to pay settlement guidelines and was executed in December 2020, Ra Medical paid $2.5 million up front and would pay up to $28 million more if future financial contingencies were met.  In January 2023, Ra Medical paid an additional $5 million, after its reverse merger with Catheter Precision, Inc., triggered one of the contingencies.

    The settlement with Ra Medical remained under seal while the United States continued its investigation into Kassab and Allie, among others, who were alleged to have received improper kickbacks.  In a separate settlement, Kassab and two of his companies agreed to pay $450,000 to resolve the allegations against them.  In the third settlement, Allie and his consulting company agreed to pay $250,000 to resolve the allegations against them.

    “The United States will not allow doctors to hold out their hands expecting to be paid to use and promote a device,” said U.S. Attorney Ison. “The millions of people who depend on our federal healthcare programs deserve and expect medical decisions untainted by kickbacks, and this settlement reflects our commitment to pursuing not just the companies that pay illegal kickbacks, but also the physicians who willingly extract and accept them.”

    “The payment of kickbacks to induce referrals can undermine the trust in our nation’s providers and result in costly reductions to our federal health care programs,” said Special Agent in Charge Mario M. Pinto of the U.S. Department of Health and Human Services Office of Inspector General. “We will continue to work diligently with our law enforcement partners to ensure the appropriate use of taxpayer dollars.”

    “Healthcare services are being unlawfully influenced by medical providers engaging in criminal kickback schemes, significantly impacting programs such as Medicare and Medicaid,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “Our office is fully committed to investigating and holding accountable those individuals and organizations involved in illegal profit-driven practices that harm our medical system.”

    “Protecting TRICARE, the healthcare system for military members and their dependents, is a top priority for the Defense Criminal Investigative Service (DCIS), the law enforcement arm of the Department of Defense Office of Inspector General,” stated Special Agent-in-Charge Patrick J. Hegarty, DCIS Northeast Field Office.  “The settlement agreement announced today demonstrates our ongoing commitment to work with our law enforcement partners and the Department of Justice to investigate allegations of healthcare fraud.”

    The civil settlements resolve the claims brought by Robert Gruber, under the qui tam or whistleblower provisions of the False Claims Act.  Under these provisions, a private party may file an action on behalf of the United States and receive a portion of any recovery.  The qui tam case is captioned United States ex rel. Gruber v. Ra Medical Systems, Inc., et al., No. 19-12044 (E.D. Mich.).  The whistleblower will receive a combined $1,722,000 from the three settlements.  The claims resolved by the settlements are allegations only; there has been no determination or admission of liability.

    The matter was investigated by Assistant U.S. Attorney Jonny Zajac of the U.S. Attorney’s Office for the Eastern District of Michigan, with assistance from HHS-OIG, the FBI, and the Defense Criminal Investigative Service.

    MIL Security OSI –

  • MIL-OSI Security: Federal Agents Seize and Shut Down Royal Inn Hotel in Phoenix Due to Drug Trafficking and Other Unlawful Activities

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

    Owner, Operator, and Corporate Entity Charged with Travel Act violations, Money Laundering, and Maintaining a Drug Premises

    PHOENIX, Ariz. – Today, the Federal Bureau of Investigation and United States Marshal Service, in coordination with the Phoenix Police Department, executed search and seizure warrants at the Royal Inn hotel, located at 2510 West Palo Verde Drive in Phoenix. Federal agents seized control of the hotel and shut down its operations due to widespread prostitution and drug trafficking activities that have gone unabated by its owners and operators.

    Also today, the United States District Court unsealed a 44-count indictment returned by a federal grand jury on September 17, 2024, against the Royal Inn’s owner, operator, and corporate entity, among others. Specifically:

    • Varsha Patel, 56, of Chino Hills, California, the owner of Royal Inn, was charged with two counts of Using a Facility of Interstate Commerce in Aid of Racketeering, one count of Maintaining a Drug Premises, and 34 counts of Promotional Money Laundering. Varsha Patel was also charged with multiple counts of Making False Statements to Obtain a Small Business Administration Loan.
    • Sarang Hospitality LLC, aka Royal Inn, the Arizona corporation through which the hotel does business, was similarly charged with two counts of Using a Facility of Interstate Commerce in Aid of Racketeering, one count of Maintaining a Drug Premises, and 34 counts of Promotional Money Laundering.
    • Nilam Patel, 54, of Phoenix, the live-in operator and day-to-day manager of the Royal Inn, was also charged with two counts of Using a Facility of Interstate Commerce in Aid of Racketeering, one count of Maintaining a Drug Premises, and 34 counts of Promotional Money Laundering.
    • Four other individuals were charged with Distribution of Fentanyl and Methamphetamine for drug dealing at the Royal Inn: Anthony Curtis, 42, of Buckeye; Otis Childers, 31, of Phoenix; Chauntelle Mills, 24, of Phoenix; and Leonardo Guerrero, 49, of Phoenix.

    The indictment alleges that defendants Varsha Patel, Nilam Patel, and Sarang Hospitality LLC, operated the Royal Inn by primarily renting rooms to individuals engaging in prostitution and drug dealing. From 2017 through September 2024, these defendants used the funds they obtained from the Royal Inn room rentals to maintain and promote the Royal Inn’s operations; pay the mortgage on personal property located in Chino Hills, California; fund certificates of deposit; purchase life insurance policies; and pay for their own personal expenses.

    The indictment further alleges that Varsha Patel, Nilam Patel, and Sarang Hospitality LLC were aware that most activities at the Royal Inn were illegal acts of prostitution, drug dealing, and drug using. Over the course of several years, Phoenix Police Department officials repeatedly informed these three defendants of the drug dealing and prostitution activities on the property, of the hundreds of calls for service local police received, and of the need to abate the criminal activities taking place. Despite having been served with multiple abatement letters, these defendants continued to operate the Royal Inn to intentionally facilitate and profit from the criminal activities occurring on the premises. This included: renting rooms to persons who overtly engaged in prostitution, and to persons who distributed illegal drugs; directing the sex workers to attract sex buyers off the property, and to walk separate from the sex buyer while going to the room; directing the sex workers, pimps, and drug dealers to park off the property; alerting sex workers, pimps, and drug dealers of law enforcement presence; failing to request a credit card, together with a government-issued identification, in order to rent a room; failing to evict persons engaged in prostitution and drug dealing, thereby allowing lengthy stays at the Royal Inn without detection; and failing to call the police when criminal activities were occurring.

    A conviction for Using a Facility of Interstate Commerce in Aid of Racketeering carries a maximum penalty of five years in prison and a $250,000 fine. A conviction for Maintaining a Drug Premises carries a maximum penalty of 20 years in prison and a $500,000 fine. A conviction for Promotional Money Laundering carries a maximum penalty of 20 years in prison and a $500,000 fine. A conviction for Making False Statements to Obtain a Small Business Administration Loan carries a maximum penalty of two years in prison and a $250,000 fine. A conviction for Distribution of Fentanyl and Methamphetamine carries a maximum penalty of 20 years in prison and a $1,000,000 fine.

    An indictment is simply a method by which a person or entity is charged with criminal activity and raises no inference of guilt. A criminal defendant is presumed innocent until evidence is presented to a jury that establishes guilt beyond a reasonable doubt.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The Federal Bureau of Investigation, United States Marshal Service, and Phoenix Police Department conducted the investigation in this case. Assistant U.S. Attorneys Gayle Helart and Patrick Chapman, United States Attorney’s Office, District of Arizona, Phoenix, are handling the prosecution.
     

    CASE NUMBER:           CR-24-01529-PHX-SPL
    RELEASE NUMBER:    2024-127_Patel

    MIL Security OSI –

  • MIL-OSI Security: Macon Mother and Son Sentenced for Roles in Decade-Long Business Theft

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    MACON, Ga. – Two members of the same family who illegally wrote millions in checks to themselves from their employer’s operating account were sentenced to prison and ordered to pay restitution for their crimes.

    Billy Lee Wells, Jr., 47, of Macon, was sentenced to serve 57 months in prison to be followed by five years of supervised release. He was ordered to pay the following jointly and severally with co-defendant Eva Wells: $2,583,003.80 restitution to Phil J. Sheridan Company d/b/a Mid-Georgia Sales and $150,000 restitution due to Donegal Mutual Insurance Company. In addition, he was ordered individually to pay $586,112 to the IRS in restitution and $3,404,772.22 in forfeiture. Eva Rebecca Wells, 75, was sentenced to serve 46 months in prison to be followed by five years of supervised release. She was ordered to pay the above-mentioned restitution amounts with co-defendant Billy Wells and was also ordered individually to pay $586,112 to the IRS and a total of $3,990,884.22 in forfeiture. Both defendants previously pleaded guilty to conspiracy to defraud a financial institution before U.S. District Judge C. Ashley Royal on Jan. 23. Billy Lee Wells also pleaded guilty to making and subscribing a false return. There is no parole in the federal system.

    “The defendants used their position as trusted employees to steal from a small business for more than a decade, a crime that can carry long-term repercussions for all those affected,” said U.S. Attorney Peter D. Leary. “Working with our law enforcement partners, our office will continue to do all we can to both hold fraudsters accountable and protect hard-working and honest citizens.”

    “This case serves as a warning to individuals who commit fraud upon others and the U.S. government that their criminal acts will come with consequences,” said Demetrius Hardeman, Acting Special Agent in Charge, IRS Criminal Investigation, Atlanta Field Office. “IRS Criminal Investigation special agents and our law enforcement partners will continue investigating and bringing to justice those who participate in illicit schemes to enrich themselves.”

    “These fraud scams, although not violent, are not victimless and can be devastating to local business and ruin livelihoods,” said Robert Gibbs, Supervisory Senior Resident Agent of FBI Atlanta’s Macon office. “The FBI is dedicated to working with our partners to hold anyone accountable who would steal from hard working and honest individuals, rather than put in the work themselves.”

    According to court documents in the Wells case, Eva Wells was the Office Manager for Mid-Georgia Sales and was responsible for its finances, including issuing weekly payroll and making other payments on behalf of the business. Her son, Billy Lee Wells, Jr., was also employed at Mid-Georgia Sales, working in IT and sales. In Dec. 2008, Eva Wells began writing unauthorized checks to herself and her son from the company’s general operating fund, as opposed to the account used for payroll. When the theft was discovered, a full accounting was conducted. Between Dec. 31, 2008, and May 10, 2019, Eva Wells wrote a total of $3,404,772.22 in unauthorized checks to Billy Lee Wells, Jr. which were either cashed or deposited in his bank account. In addition to the checks made to Billy Lee Wells, Jr., Eva Wells also wrote unauthorized checks to herself which she cashed or deposited into her bank account.

    The Wells case was investigated by the FBI, the IRS and the Bibb County Sheriff’s Office.

    Assistant U.S. Attorney Elizabeth Howard prosecuted both cases for the Government.

    MIL Security OSI –

  • MIL-OSI Security: Nigerian Man Pleads Guilty After Extradition to Participating in Romance Scams and Other Fraud Schemes Targeting Elderly Victims

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    Damian Williams, the United States Attorney for the Southern District of New York, announced that ISAIAH OKERE plead guilty today before U.S. District Judge Lewis Liman to charges stemming from his participation in an international conspiracy to defraud at least 15 victims of romance schemes, lottery scams, and business email compromise schemes.

    U.S. Attorney Damian Williams said: “Isaiah Okere and his co-conspirators preyed on elderly and vulnerable victims, some of whom lost their entire life savings.  Even though he operated his scams from a country halfway around the world, this Office’s global reach ensures that he will be held accountable in the United States for his crimes.” 

    According to Count One of the Information to which OKERE pled guilty and other statements and submissions made in Court:         

    From at least in or about 2015 up to and including November 2019, OKERE and co-conspirator Timy Hakim conspired with members of the “Black Axe” transnational criminal organization to engage in fraudulent schemes that left at least 15 people and entities with over a million dollars in losses.  OKERE facilitated the laundering of proceeds of three types of fraud schemes, a “Romance Scheme,” a “Lottery Scheme,” and a “BEC Fraud Scheme.” Through the Romance Scheme, a vulnerable individual was led to believe she or he was in a romantic online relationship with a perpetrator of the Scheme when, in fact, the perpetrator merely used this as a mechanism to build the victim’s trust and solicit the victim’s money.  Through the Lottery Scheme, the scheme participants informed certain victims that they had won a cash prize but first needed to make certain payments to access the funds.  Through the BEC Fraud Scheme, the scheme participants induced a corporate victim located in Manhattan to release company funds under fraudulent pretenses by impersonating the founder of the company.

    OKERE used accounts under false identities to communicate directly with his U.S. victims.  He also controlled multiple foreign bank accounts in South Africa that received funds from victims targeted by these schemes.  

    At least 15 individual and corporate victims lost money as part of OKERE, Hakim, and their co-conspirators’ schemes.  They include vulnerable, isolated, and elderly victims who entered into relationships after the deaths of their spouses and, over a period of several years, were induced to drain their entire retirement savings and take out loans from family and friends.  Many victims experienced severe emotional harm, including a woman who reported becoming suicidal after losing her retirement savings to this scheme.

    *                *                *

    OKERE, 42, a citizen of the Republic of Nigeria, was arrested in South Africa on the basis of a provisional arrest warrant in December 2021 and was extradited on August 23, 2024.  He pled guilty today to one count of conspiracy to commit wire fraud, which carries a maximum sentence of five years in prison.  

    On September 27, 2023, co-defendant Timy Hakim was sentenced to two years in prison and was ordered to pay $1,414,043 in restitution and forfeit $671,452.

    The maximum potential sentences are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendant will be determined by the judge.

    Mr. Williams praised the outstanding investigative work of the Federal Bureau of Investigation. Mr. Williams also thanked the South African Department of Justice and Constitutional Development, National Prosecuting Authority of South Africa, and the South African Police Service.  The U.S. Department of Justice’s Office of International Affairs provided significant assistance in securing the defendant’s extradition from South Africa.

    The criminal case is being prosecuted by the Office’s Illicit Finance and Money Laundering Unit.  Assistant U.S. Attorney Vladislav Vainberg is in charge of the prosecution.

    MIL Security OSI –

  • MIL-OSI USA News: Fact sheet: Fourth Ministerial Meeting on the Los Angeles Declaration on Migration and  Protection

    Source: The White House

    On June 10, 2022, President Biden launched the Los Angeles Declaration on Migration and Protection with leaders from across the Western Hemisphere to tackle together the challenge of migration and forced displacement. Under this framework, the United States has worked with partner countries to collaboratively reduce irregular migration and advance a safe, humane, and orderly approach to migration across the hemisphere. Over the last two years, the 22 endorsing countries have achieved substantial progress across the Los Angeles Declaration’s three core pillars:

    1. addressing root causes and supporting the integration of migrants to foster long-term stabilization;
    2. expanding lawful pathways for migration and protection; and
    3. strengthening humane enforcement.

    On September 25, 2024, Secretary of State Antony Blinken hosted the fourth Los Angeles Declaration Ministerial with White House Homeland Security Advisor Dr. Liz Sherwood-Randall, White House Coordinator for the Los Angeles Declaration Marcela Escobari, and foreign ministers and senior representatives from the other 21 endorsing countries.

    On behalf of the United States, Secretary Blinken announced more than $686 million in new humanitarian, development, economic, and security assistance to support partner countries to respond to urgent humanitarian needs, strengthen humane enforcement efforts, expand lawful pathways, and facilitate the regularization and integration of migrants within the region. With this announcement, the United States has now committed over $1.2 billion under the Los Angeles Declaration framework in 2024 alone, reflecting the Biden-Harris Administration’s unwavering commitment to collaboratively addressing this hemispheric challenge.

    The United States also announced expanded enforcement partnerships to deter irregular migration, including a removal pilot program with the Government of Panama and new visa restrictions against travel agencies and tour operators that prey on vulnerable migrants. These actions aim to hold accountable those who exploit migrants for profit and to dissuade migrants from attempting dangerous irregular journeys.

    Endorsing countries agreed to further institutionalize the Los Angeles Declaration through the establishment of a Secretariat, which will be managed by the Pan American Development Foundation and the Organization of American States and will ensure that coordinated progress on migration management is sustained into the future under this framework. The Government of Colombia formally announced that it will assume the role of rotating Country Chair over the next year and will host the fifth Los Angeles Declaration Ministerial in 2025.

    The endorsing countries presented progress toward their commitments under the Los Angeles Declaration and announced the following new initiatives:

    Strengthening Humane Enforcement

    • On June 4, 2024, President Biden announced executive actions to bar migrants who cross the U.S. Southern border unlawfully from receiving asylum during times when high levels of encounters exceed our ability to deliver timely consequences.  Since June 4, encounters between ports of entry have dropped by more than 50% and remain at their lowest level in years. Encounters in July and August 2024 dropped to the lowest levels since September 2020.
    • Panama is implementing a U.S.-funded removal program that has resulted in the removal of hundreds of foreign nationals who did not have a lawful basis to remain in Panama, after they were screened for protection needs.
    • The United States continues to take steps to impose visa restrictions on executives of travel agencies and charter air and maritime transportation companies around the globe that are facilitating irregular migration to the United States. On September 24, 2024, the State Department imposed additional visa restrictions against multiple executives of travel agencies operating in Europe, Africa, and the Middle East that are knowingly facilitating illegal migration.
    • Partner countries reaffirmed their commitment to stem extracontinental irregular migration through the strategic use of entry and transit visas and passenger vetting. In total, Los Angeles Declaration endorsing countries have taken over 300 new visa policy actions to restrict travel intended solely for irregular migration.
    • The United States has mobilized resources to increase investigations, arrests, and prosecutions of human smuggling and trafficking networks, including in partnerships with other Los Angeles Declaration countries.  In August, for example, Guatemalan law enforcement—in an investigation supported by the Departments of Justice and Homeland Security— dismantled a human smuggling network based in Guatemala that was responsible for the deaths of 53 migrants in a tractor-trailer in San Antonio, Texas in June 2022.
    • Under the Biden-Harris Administration, the United States has sanctioned eight human smuggling networks, including over 30 individuals and entities, to hold accountable those responsible for the exploitation of migrants.  On September 24, 2024, for example, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned five Colombian nationals and two Mexican-based businesses, including two individuals affiliated with the Clan del Golfo transnational criminal organization, who are responsible for the control of migrant flows through the Darien Gap. Colombian authorities are offering a reward of 50 million Colombian pesos for the capture of both wanted criminals.
    • The United States has enhanced biometric sharing capabilities throughout the region, enabling law enforcement actions against criminal actors before they enter any of our countries. Guatemala, with support from the United States, announced a new biometric program at La Aurora International Airport to cross-reference travelers with U.S. security databases in near-real time in order to identify high-risk arriving passengers.

    Expanding Lawful Pathways for Migration and Protection

    • The Biden-Harris Administration has rebuilt the United States’ refugee resettlement program and led a historic expansion of lawful pathways to the United States and partner countries. The United States is now on track to welcome 100,000 refugees from around the world this fiscal year, the largest number in three decades.
    • Under the U.S. Government’s Safe Mobility Initiative, over 23,000 refugees from within the Western Hemisphere have been resettled safely and legally in the United States in Fiscal Year 2024, a four-fold increase over FY 2023.
    • The United States is incorporating Labor Neighbors as part of the Safe Mobility Initiative to refer migrants to more lawful pathways and help match labor demand to labor supply across the hemisphere.
    • Belize announced it is establishing a seasonal migrant worker program focused on agriculture and construction.
    • Canada seeks to support labor mobility through its Economic Mobility Pathways Pilot.
    • Ecuador is launching a new labor mobility unit with U.S. support.
    • As part of the Safe Mobility Initiative, the United States continues to provide migrants and displaced persons with information and resources though the Safe Mobility Offices in Guatemala, Costa Rica, Colombia, and Ecuador.
    • Costa Rica and the United States announced that the Safe Mobility Offices in Costa Rica will be extended until December 2025. Costa Rica will also expand eligibility criteria to include nationals from eligible countries who were present in Costa Rica on or before September 15, 2024.
    • Canada began receiving referrals from the Safe Mobility Offices in the hemisphere and expects arrivals to Canada starting in 2025.
    • The Cuba, Haiti, Nicaragua, and Venezuela (CHNV) parole processes have helped reduce irregular flows from these four countries, enabling migrants to apply from where they are for lawful entry to the United States.

    Addressing Root Causes and Supporting the Integration of Migrants to Foster Long-term Stabilization

    • A significant portion of the United States’ $686 million in new funding announced on September 25, 2024 will support regional efforts to respond to urgent humanitarian needs, like basic food, shelter, and health care for migrants and displaced persons, including nearly 8 million Venezuelans. U.S. funding also supports regional partners’ efforts to absorb and integrate migrants, promoting migrants’ financial inclusion and labor market insertion, and supporting host communities. 
    • More than half of Los Angeles Declaration endorsing countries have implemented policies that provide regular status and help migrants integrate and rebuild their lives in Latin America and the Caribbean, stemming further displacement and reducing migrant vulnerability. Their combined efforts have enabled 4.4 million Venezuelans to attain legal status to date. The following countries took new actions since May to provide regular status and help integrate more migrants:
    • Argentina announced a special admission and regularization program that allows Venezuelans with expired identity documents (within the last 10 years) to seek residency in Argentina, and to verify identity or criminal record through a sworn statement in the absence of documents.
    • Canada announced a new Francophone minority community student program that will give program participants access to settlement services while they are studying to help them integrate successfully into their communities.
    • Colombia announced the signing of a regularization plan that could benefit an estimated 600,000 undocumented parents and legal guardians of children with valid Colombian Temporary Protective Status.
    • Ecuador extended its regularization process until April 2025, allowing approximately 100,000 Venezuelan migrants to gain legal status. Separately, Ecuador committed to renew nearly 95,000 two-year visas previously issued to regularized Venezuelans. As part of the U.S. funding announcement, the U.S. is helping Ecuador unlock additional World Bank lending to support Ecuador’s Social Safety Net project that contributes to stabilizing and integrating the 450,000 Venezuelan migrants currently in the country.
    • Mexico committed to opening a Multi-Purpose Processing Center in Chiapas to streamline the processing of migrants seeking refuge and to provide them integration support through access to financial, health, and education services. 
    • Panama announced the intent to begin a process that would allow migrants currently living in Panama irregularly to apply for legal status and obtain work authorizations.
    • Peru, working closely with United Nations implementing agencies, announced plans to prioritize documenting migrant children and adolescents in the public education system. Through these efforts, Peru will provide protection and basic services to minors and their families.
    • Uruguay approved two decrees to grant legal status to approximately 25,500 non-citizens living in Uruguay with pending asylum claims who likely would not qualify for asylum. 

    ###

    MIL OSI USA News –

  • MIL-OSI Security: FBI Houston Seeks Persistent “Plaid Pillager” for Fifth Bank Robbery

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    HOUSTON, TX—FBI Houston’s Violent Crime Task Force is asking for the public’s help in identifying and locating a man dubbed the “Plaid Pillager” who committed his fifth bank robbery in Houston last week. Crime Stoppers of Houston is offering a reward of up to $5,000 for information leading to the identification and arrest of the robber.

    The most recent robbery occurred at approximately 2:10 p.m. on Friday, September 20, 2024, at the Bank of America located at 5348 Westheimer Road in west Houston. During the robbery, the suspect entered the bank, approached the counter, and handed the teller a threatening note demanding money. He fled the bank with an undisclosed amount of money southbound on foot across Westheimer Road. No one was physically hurt during the robbery.

    Previously, the “Plaid Pillager” robbed the following banks:

    • Wells Fargo Bank located at 11152 South Gessner in southwest Houston on Friday, July 22, 2022
    • Chase Bank located at 10411 Westheimer in west Houston on Friday, February 3, 2023
    • Bank of America located at 5348 Westheimer in west Houston on Friday, February 10, 2023
    • Cadence Bank located at 3754 Westheimer in west Houston on Monday March 6, 2023

    The robber is described as a balding white male in his late 50s, approximately 6’0” tall, with a heavy build and a white stubble beard. During the robbery he wore a blue fishing shirt, blue jeans, sneakers, a medical mask, and a ballcap with the Texans logo. He carried a camo-colored backpack, and upon fleeing the bank he took off his ballcap and mask before putting on sunglasses. A witness stated the suspect had an older black or green tattoo on the left side of his head.

    Photographs of the suspect from the most recent robbery can be found on FBI Houston’s Twitter account.

    Crime Stoppers of Houston, a non-governmental organization, is offering up to $5,000 for information leading to the identification and arrest of this robber. If you have any information, please call the Crime Stoppers tip line at 713-222-TIPS (8477) or the FBI Houston Field Office at (713) 693-5000. Tips may also be submitted to Crime Stoppers through their website, http://www.crime-stoppers.org, or the Houston Crime Stoppers mobile phone app which can be downloaded for both iPhone and Android devices. All tipsters remain anonymous.

    MIL Security OSI –

  • MIL-OSI Security: Air National Guardsman Pleads Guilty in Murder-for-Hire Scheme

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    NASHVILLE – Josiah Ernesto Garcia, 23, of Toledo, Ohio, formerly of Hermitage, Tennessee, has pleaded guilty to federal charges after meeting with an undercover FBI agent to finalize a deal to murder an individual for payment, announced United States Attorney Henry C. Leventis for the Middle District of Tennessee.

    Garcia pleaded guilty to using interstate commerce facilities in the commission of murder-for-hire.

    According to court records, Garcia needed money to support his family and in mid-February 2023 began searching online for contract mercenary jobs and found the website http://www.rentahitman.com. Originally created in 2005 to advertise a cyber security startup company, the company failed and over the next decade it received many inquiries about murder-for-hire services. The website’s administrator then converted the website to a parody site that contains false testimonials from those who have purported to use hit man services, and an intake form where people can request services. The website also has an option for someone to apply to work as a hired killer.

    Garcia submitted an employment inquiry indicating that he was interested in obtaining employment as a hit man and that he had “military experience, and rifle expertise.” Garcia followed up on this initial request and submitted other identification documents and a resume indicating he was an expert marksman and had been employed in the Air National Guard since July 2021. The resume also provided that Garcia was nicknamed “Reaper” which was earned from military experience and marksmanship. Garcia continued to follow up with the website administrator indicating that he wanted to go to work as soon as possible. 

    An FBI undercover agent spoke with Garcia by phone then met him in person to discuss his application. Both conversations were recorded. The agent then met with Garcia at a park in Hendersonville, Tennessee, and provided him with a target packet of a fictional individual, which included photographs and other information about the individual to be killed, and a down payment of $2,500. After agreeing to the terms of the murder arrangement, Garcia asked the agent if he needed to provide a photograph of the dead body. Garcia was then arrested by FBI agents, who in a subsequent search of his home, recovered an AR style rifle.

    Garcia is scheduled to be sentenced on February 7, 2025. He faces up to 10 years in federal prison.

    This case was investigated by the Federal Bureau of Investigation, Nashville Resident Agency, Memphis Field Office. Assistant U.S. Attorney Brooke K. Schiferle prosecuted the case.

    # # # # #

    MIL Security OSI –

  • MIL-OSI Europe: President Erdoğan’s Address to the 79th Session of the United Nations General Assembly

    Source: Republic of Turkey

    ADDRESS TO THE 79TH SESSION OF THE UNITED NATIONS GENERAL ASSEMBLY
    by
    THE PRESIDENT of the REPUBLIC of TÜRKİYE,
    H.E. RECEP TAYYİP ERDOĞAN
    (24 SEPTEMBER 2024, NEW YORK)

    Mr. President, 
    Distinguished Heads of State and Government,
    Mr. Secretary General,
    Esteemed Delegates,
    I greet you with my most heartfelt feelings and respect on behalf of myself, my country and my nation.
    I am very pleased to have the opportunity to address the United Nations General Assembly once again today.
    I wish the 79th General Assembly to be beneficial to our countries and to all humanity.
    I would like to congratulate Mr. Dennis FRANCIS, who has completed his Presidency of the General Assembly, and I wish success to Mr. Philemon YANG, who assumed this duty.
    I would like to express our pleasure in seeing the Representative of the friendly and brotherly Palestine in the place he deserves among the member states, after lengthy struggles.
    I wish this historic step to be the last stage on the way to Palestine’s membership in the United Nations.
    I also invite other states, that have not yet done so, to recognize the State of Palestine as soon as possible and take their place on the right side of history at this very critical period.
    Distinguished Delegates…
    We are living through and trying to manage the crises minute by minute that most of my friends here watch on TV screens.
    Therefore, I am addressing you today as the leader of a country that is not far from the tensions, but right in their epicentre.
    Even if some feel uncomfortable, even if some will once again criticize us, I wish to speak out certain truths openly today, in the name of humanity, from the common rostrum of humanity.
    Let’s consider… the United Nations, under whose roof we are now, was established to maintain international peace and security after the Second World War, during which millions of people lost their lives.
    With the establishment of the United Nations, expectations for global stability, peace and justice blossomed again, and hopes for peace revived.
    However, we observe with regret that in recent years, the United Nations is struggling to fulfill its founding mission and is gradually turning into a dysfunctional, unwieldy and inert structure.
    We need the values represented by the maxim “THE WORLD IS BIGGER THAN FIVE”, more and more nowadays.
    We witness that international peace and security are too important to be left to the arbitrariness of the “privileged five”.
    The most dramatic example of this is the massacre that has been going on in Gaza for 353 days.
    More than 41 thousand Palestinians have lost their lives in the ongoing Israeli attacks since October 7.
    41 thousand people, 41 thousand lives brutally taken away, most of whom are children and women.
    Similarly, the whereabouts of more than 10 thousand Gazans, most of whom are children, is unknown.
    In the same way, about 100 thousand people have been injured and become disabled.
    172 journalists have been killed while trying to do their job under difficult conditions.
    More than 500 paramedics working to save lives have been killed.
    Humanitarian aid workers and more than 210 United Nations personnel, who rushed to the rescue of the people of Gaza struggling with hunger and thirst, have been killed.
    They hit 820 mosques and 3 churches that should be protected even at war.
    They hit tens of hospitals, hundreds of schools, and more than 130 ambulances carrying patients.
    By tearing down the Charter of the United Nations at the United Nations rostrum, they shamelessly challenged the whole world, all the conscientious people right from here, from this rostrum.
    Friends…
    The leaked images from the prisons that Israel has turned into “concentration camps” indicate very clearly what kind of persecution we are facing.
    As a result of the Israeli attacks, Gaza has become the largest cemetery for children and women in the world.
    More than 17 thousand children have been the targets of Israeli bullets and bombs.
    HİND RAJAB was only 6 years old.
    Their vehicle was hit by Israeli forces while she was searching for a safe place with her relatives.
    Her uncle, aunt-in-law, and cousins all died, only she survived.
    For 12 days she waited desperately to be rescued.
    She waited for a helping hand to reach out to her for 12 days, saying, “WILL YOU COME TO PICK ME UP? I AM SCARED!”
    Despite the level of development which our world has reached, despite the technology at our disposal; despite our organisations with huge budgets employing thousands of personnel under their roofs, unfortunately, as humanity of 8 billion, we have not been able to save a 6-year-old girl, an injured sparrow fluttering in front of our eyes.
    Hundreds of Gazan children have died so far because they were not able to find a bite of dry bread, a sip of water or a bowl of soup, and they are still dying.
    Not only children are dying in Gaza; the United Nations system is also dying, the truth is dying, the values that the west claims to defend are dying, the hopes of humanity to live in a fairer world are dying one by one.
    I am asking you frankly from here…
    HUMAN RIGHTS ORGANISATIONS!
    Are the ones in Gaza, the ones in the West Bank not human beings? 
    The children in Palestine, do they not have the right to study, live, and play in the streets?
    INTERNATIONAL PRESS ORGANISATIONS!
    The journalists that Israel massacred on live TV, whose offices were raided, are they not your colleagues?
    THE UNITED NATIONS SECURITY COUNCIL!
    What are you waiting for to prevent the genocide in Gaza and to say “stop” to this cruelty, this barbarism?
    What more are you waiting for to stop the massacre network that endangers also the lives of its own citizens along with the Palestinian people and drags the entire region into war for the sake of its political prospects?
    AND THOSE WHO UNCONDITIONALLY SUPPORT ISRAEL!
    For how long will you continue to bear the shame of looking on this massacre, of being accomplices in this atrocity?
    Distinguished Friends…
    While children are dying in Gaza, Ramallah, Lebanon, and babies are dying in incubators, unfortunately, the international community has also given a very bad account of itself.
    What is happening in Palestine is an indicator of a huge moral breakdown.
    I believe that all the peoples of the world, leaders, international organisations should reflect on this painful picture.
    I also want to hereby express a truth loud and clear.
    Ignoring basic human rights, the Israeli government, is practicing ethnic cleansing, an overt genocide against a nation, a people, and occupying their territory step by step.
    Palestinians, whose freedom, independence and the most basic rights have been usurped, are very rightly exercising their “LEGITIMATE RIGHT OF RESISTANCE” against this occupation and these ethnic cleansing activities.
    The rightful resistance of the Palestinian people against those who occupy their land is too noble, honourable, heroic to be portrayed as illegitimate.
    From here, I wholeheartedly salute once again my Palestinian brothers who defend their country at the cost of their lives.
    The only reason for Israel’s aggression against the Palestinian people is the unconditional support of a handful of countries to Israel.
    The countries that have an influence over Israel are openly becoming accomplices of this massacre with the policy of “run with the hare, hunt with the hounds”.
    Those who are supposedly working for a ceasefire in the limelight continue to send weapons and ammunition to Israel behind the stage, so that it can continue its massacres.
    This is inconsistency and insincerity.
    Please consider … there’s a document that has been going back and forth since May.
    HAMAS has repeatedly declared its acceptance of the ceasefire proposal.
    However, the Israeli government has very clearly indicated that it is the party that does not want peace by continuously hampering the process, constantly finding excuses, perfidiously killing the interlocutor it negotiated with at a time when the ceasefire was closest.
    There should be no more credit given to Israel’s distraction and deception moves.
    In an environment where United Nations Security Council Resolution 2735 is not being implemented, coercive measures against Israel should be put on the agenda.
    Israel’s attitude has once again shown that it is essential for the international community to develop a protection mechanism for Palestinian civilians.
    Just as HITLER was stopped by the alliance of humanity 70 years ago, Netanyahu and his murder network must be stopped by the “alliance of humanity”.
    We believe that the power of the General Assembly to make recommendations on the use of force, as it exists in the “Uniting for Peace Resolution dated 1950”, should definitely be considered in this process.
    An immediate and permanent ceasefire should be achieved, a hostage-prisoner exchange should be carried out, and humanitarian aid should be delivered to Gaza in an unhindered and uninterrupted way.
    We have to extend a helping hand to the people of Gaza trying to survive, especially before winter when conditions will deteriorate.
    Please consider, 70 percent of the water resources and 75 percent of the ovens in Gaza have been destroyed until now.
    95 percent of health centres have been partially or completely damaged.
    150 thousand houses were completely destroyed, 200 thousand houses were partially destroyed, 80 thousand houses became uninhabitable.
    Infectious diseases, especially polio and hepatitis, are gradually increasing.
    The people of Gaza can only reach a quarter of the amount of aid they need.
    As Türkiye, we have maintained and are continuing to maintain our humanitarian aid activities for our Palestinian brothers since the first day.
    With the amount of aid exceeding 60 thousand tons, Türkiye is the country that sends the highest amount of aid to Gaza. 
    In the same way, by stopping commercial transactions with Israel, we have demonstrated our sensitivity on this issue.
    We also stand with the people and government of Lebanon, where Israel has stepped up its attacks in recent days.
    Now we can all see this truth:
    Our conscience cannot be at peace until those who massacred 41 thousand people are held accountable for the crimes they committed, from the person who gives the order to the ones who pull the trigger, and drop the bomb.
    The bill for the billions of dollars of damage at the destroyed, wiped out, demolished cities must and will definitely be compensated by the perpetrators.
    We support the lawsuit filed by the Republic of South Africa at the International Court of Justice to ensure that the crimes committed by Israel do not go unpunished.
    We will take all necessary steps to ensure that justice is served in this case in which we have applied for intervention.
    We will make every legal struggle to find justice for our daughter Ayşenur Ezgi Eygi, who was shot in the head by Israeli soldiers during a peaceful protest in Nablus.
    Although there is an urgent need for a ceasefire in Gaza, the main issue is the occupation of Palestinian territories by Israel.
    Creation of an independent, sovereign and geographically contiguous Palestinian State on the basis of the 1967 borders, with East Jerusalem as its capital can no longer be delayed.
    I would like it to be known that we are also closely following the increasing attacks against our first Qibla, Al-Masjid al-Aqsa and Al-Haram Al-Sharif.
    While saying all this as Tayyip Erdoğan, I never speak with empty words from this rostrum.  
    Here, I am speaking with the courage that I get from my history and the conscientious and fair stance of my ancestors. 
    Because we are a nation that has always been on the side of the oppressed and stood against oppressor and tyranny throughout history.
    We had welcomed the Jews who escaped from the inquisition 500 years ago and the Jews who escaped from Hitler’s concentration camps.
    I tell it frankly; as a country and as a nation, we have no hostility towards the people of Israel.
    We are against ANTI-SEMITISM in the same way that we are against the targeting of Muslims just because of their beliefs.
    Our problem is with the policies of massacre of the Israeli government.
    Our problem is again with the oppressor and tyranny, just as it was 5 centuries ago.
    Everyone should know that we do not refrain from crying out the truth.
    Even if some feel uncomfortable, we are not afraid to tell the truth.
    Insha’Allah, we will continue to stand by the righteous until the end and speak of what we know as truth, even if it is harsh. 
    Hereby, I would also like to thank all the brave people who show solidarity with the Palestinian people without distinction of faith, country, language or religion, and raise their voice against the massacre in Gaza by filling the streets almost every week.
    Distinguished Delegates…
    Unfortunately, in the 14th year of the conflict, Syria is also still far from stability.
    The economic and humanitarian situation in the country, which is in the grip of terrorist and separatist organizations remains dire.
    We hope that the political process will be advanced and national reconciliation will be achieved on the basis of United Nations Security Council Resolution 2254.
    We are determined to maintain our position in favour of a realistic dialogue with sincerity.
    While our neighbour Iraq continues its struggle against terrorism, it is taking decisive steps towards development, reconstruction and reintegration with the region.
    The international community should support these efforts of Iraq.
    It is important in this context to implement initiatives that will benefit the entire region, such as the Development Road Project.
    The success of all these efforts depends on the elimination of the terrorist threat in Iraq, especially from the PKK.
    We believe that taking steps towards reviving the Joint Comprehensive Plan of Action with our other neighbour Iran will contribute to the establishment of the environment of trust and stability in the region. 
    As the third year of the war in Ukraine comes to an end, we are still far from reaching a just and lasting peace.
    As the armament race accelerates, the field of diplomacy is gradually narrowing.
    We will further increase our support to the efforts to end the war through diplomacy and dialogue, on the basis of Ukraine’s territorial integrity and sovereignty.
    In this process, we will continue to meticulously implement the Montreux Convention.
    We support the peace process between Azerbaijan and Armenia, and we hope that the work will be completed with good news as soon as possible.
    We are also taking mutually positive steps on the Türkiye-Armenia track.
    The developments that can be achieved in the Azerbaijan-Armenia peace process will also have a positive impact on the Türkiye-Armenia normalization process.
    Esteemed Friends…
    We play a constructive role for the prosperity and peace of the Balkans, of which we are an integral part, and act in close cooperation with all actors in the region. 
    As a member of the Steering Board of the Peace Implementation Council, we emphasize the importance of Bosnia and Herzegovina’s sovereignty, political unity and territorial integrity on every platform, and we continue to contribute to the EUFOR-ALTHEA Operation.
    We successfully continue the KFOR command that we assumed last year and support the Belgrade-Prishtina Dialogue process.
    We want to see the Aegean Sea and the Eastern Mediterranean as a region of stability and prosperity where the legitimate interests of all parties concerned are respected.
    The limitation of maritime jurisdiction areas in accordance with international law, freedom and safety of navigation, and the development of cooperation, especially on maritime trade issues, are to the common interest of the entire region.
    Türkiye is ready for constructive cooperation on all issues, especially energy and environment.
    We expect the same approach from our neighbours.
    As the country with the longest coastline in the Eastern Mediterranean, Türkiye’s key role is undeniable.
    Türkiye has rights to the north and west of the Island of Cyprus in the declared continental shelf and Turkish Cypriots have rights all around the Island.
    It has been 50 years since the Cyprus Peace Operation and 61 years since the Cyprus issue emerged as a result of the usurpation of the partnership state by Greek Cypriots.
    From that day to this, peace and tranquillity have prevailed on the Island.
    It has always been the Turkish Cypriots and Türkiye that have shown a sincere will to bring about a just, permanent and sustainable solution to the Cyprus issue.
    The federation model has now completely lost its validity.
    There are two separate states and two separate peoples on the island.
    The sovereign equality and equal international status of the Turkish Cypriots, which are their inherent rights, should be reaffirmed, and the isolation should now come to an end.
    Today, I once again call on the international community to recognize the Turkish Republic of Northern Cyprus and establish with it diplomatic, political and economic relations.
    We provide active support to the establishment of stability in Libya and the preservation of the unity and integrity of the country.
    We call on all states to take a sincere stand by Libya during this sensitive period and to contribute to the establishment of trust between the parties.
    We need to exert more efforts to end the conflicts in Sudan.
    We all have a responsibility to deliver humanitarian aid to millions of Sudanese displaced due to conflicts.
    Africa has a very huge potential with its young and dynamic population, rich natural resources and fertile extensive lands.
    On the basis of the principles of equal partnership and mutual respect, we support the Continent’s peace, stability and development efforts with the African peoples.
    We will continue to be in full solidarity with our African brothers and sisters.
    We are deepening our engagement with regional organizations, such as the Indian Ocean Rim Association, the Pacific Islands Forum and particularly ASEAN.
    We maintain our will to develop our relations with BRICS, which brings together emerging economies.
    We share a deep-rooted history with the Central Asian countries; we further strengthen our cooperation on bilateral and multilateral grounds.
    Our Organisation of Turkic States is increasingly turning into a centre of attraction.
    The Organisation is becoming an exemplary model of cooperation, also with the contributions of observer members Hungary and the Turkish Republic of Northern Cyprus.
    As the Turkic world, we will further strengthen our unity and solidarity.
    Within the framework of respect for China’s sovereignty and territorial integrity, we are in close dialogue with China to protect the fundamental rights and freedoms of the Uighur Turks, with whom we have strong historical, cultural and human ties.
    We are trying to advance the friendly ties we have established with all the countries in Latin America and the Caribbean to a further stage.
    Distinguished Delegates…
    We are obliged to work together to eliminate global injustice.
    The United Nations Sustainable Development Goals’ notion of “leave no one behind” is a guide for these efforts.
    As one of the countries that provide the highest aid in proportion to its national income, Türkiye’s activities contribute to the achievement of the Sustainable Development Goals.
    We support the activities that will ensure fair, inclusive growth and development on all international platforms, especially within the G20.
    We believe that all nations should benefit equally from the transformative power of emerging technologies, including artificial intelligence.
    The United Nations Technology Bank for the Least Developed Countries that we host is a concrete manifestation of our efforts in this direction.
    The “cyber terrorist attacks” perpetrated against Lebanon last week demonstrated how these technologies can at the same time turn into a fatal weapon.
    We address climate change with a similar approach.
    No country can cope with the emission reduction and adaptation process to climate change alone.
    The most important issues for developing countries are financing, technology transfer and capacity building.
    I believe that the COP29 Climate Summit to be held in Baku will contribute to the solution of these issues.
    With the vision of a more sustainable and cleaner world, we have carried the Zero Waste Movement, which we launched under the auspices of my Spouse, Mrs. Emine Erdoğan, to a global level with the resolution co-sponsored by 105 countries and adopted unanimously at the United Nations General Assembly.
    Hereby, I invite all countries, international organisations and non-governmental organisations to become partners in our movement.
    We see that Islamophobia, xenophobia and racism are enveloping the world like a poison ivy.
    Hardly a day goes by that we do not witness attacks on mosques and our holy book, the Holy Quran.
    In the middle of Europe, people’s houses are being set on fire; their lives are being targeted; their most fundamental rights are being usurped because of their ethnic and religious identities.
    No one can ignore this growing danger any longer.
    As stipulated in the resolution adopted on 15 March 2024, we expect the appointment of a “Special Envoy for Combating Islamophobia” at the United Nations as soon as possible.
    Distinguished Friends…
    Today I would like to draw your attention once again to a danger that I raised at this rostrum last year.
    The attacks against the family institution, which is the basic pillar of society, are intensifying.
    The disgrace staged at the opening of the 2024 Olympic Games has revealed the dimensions of the threat we face as humanity.
    A sports event followed by innocent children and hundreds of millions of people of all ages and faiths has been used, in a very ugly manner, for degenderization propaganda.
    Those wicked scenes have deeply wounded not only the Catholic world, the Christian world, but also Muslims and everyone who respects the sacred.
    The issue of desexualisation is now turning into a global imposition rather than a “preference”, literally a war against the sacred and the creation.
    Anyone who raises a voice against this destruction project and shows the slightest reaction is silenced and becomes the target of lynching campaigns.
    Türkiye is determined to break this siege and resist this climate of fear at all cost.
    For this purpose, we became a member of the United Nations Group of Friends of the Family.
    Insha’Allah, we will not hold back from defending the family, the human being and the creation in solidarity with other member states.
    I invite the countries that share the same concerns with us to support this struggle.
    With these thoughts, I wish that the 79th session of the United Nations General Assembly will be beneficial for all humanity.
    I salute you all once again with affection and respect.
    May you all remain in good health…

    MIL OSI Europe News –

  • MIL-OSI USA: America250 and America 250 NC Open Submissions for America’s Field Trip Contest

    Source: US State of North Carolina

    Headline: America250 and America 250 NC Open Submissions for America’s Field Trip Contest

    America250 and America 250 NC Open Submissions for America’s Field Trip Contest
    jejohnson6

    America250, the official nonpartisan entity charged by Congress with planning the 250th anniversary of the signing of the Declaration of Independence, the Semiquincentennial, in collaboration with BNY and America 250 NC, kicked off the second installment of “America’s Field Trip” — a nationwide scholastic contest where students have the opportunity to earn a special behind-the-scenes experience at an iconic American historical and cultural site. Starting today through Wednesday, April 16, 2025, America’s Field Trip invites students in grades 3-12 to submit artwork or a piece of writing to reflect on what America means to them.

    Earlier this year, thousands of students from nearly every U.S. state and territory submitted inspiring entries for the inaugural America’s Field Trip contest. During July and August 2024, first-place awardees — including three students from North Carolina — participated in special field trip experiences at the Statue of Liberty, Yellowstone National Park, the National Archives, and more. Three second-place recipients from North Carolina received cash awards.

    The 2024 awardees from North Carolina include:

    First Place 
         • Taliesin Robert Allen R., Greensboro, 5th Grade 
         • Elizabeth B., Winston-Salem, 8th Grade 
         • Mya F., Raleigh, 11th Grade

    Second Place 
         • Charleston D., Rougemont, Elementary School (Grades 3–5)     
         • Ethan K., Kernersville, High School (Grades 9–12) 
         • Abigail P., Winston Salem, High School (Grades 9–12)

    The full list of 2024 awardees and their submissions can be found online at america250.org/fieldtrip/awardees. 

    Watch this video to learn more about the America’s Field Trip contest, and see some of the incredible places awardees visited this summer.

    Next summer, 75 first-place awardees and their designated chaperone will be provided airfare, lodging, and access to an unforgettable field trip experience at one of our nation’s select historical and cultural sites across the country. Second-place awardees will receive a $500 cash award. Summer 2025 field trip experiences and partners include: 

        • Behind-the-scenes tour of the National Air and Space Museum’s Steven F. Udvar-Hazy Center and sleepover at the Smithsonian Natural History Museum in Washington, D.C.
         • Exclusive visits to two Washington, DC institutions: a trip into the National Archives Vault on the National Mall and private tour of the Smithsonian’s National Zoo
         • Exclusive tour of Monticello in Charlottesville, Virginia and visit to the Library of Congress in Washington, D.C.
         • Storytelling, history, and commemoration under the stars at Mount Rushmore National Memorial
         • Private tours of Patriots Point Naval & Maritime Museum, the International African American Museum, and the South Carolina Aquarium in Charleston, S.C.
         • Exclusive tours of the Alamo in San Antonio and the LBJ Presidential Library in Austin, Texas.
         • Backstage tour of the Rock & Roll Hall of Fame in Cleveland, Ohio
         • Beyond the ropes tour of Independence National Historical Park in Philadelphia, Pa.
         • Guided visit to Angel Island Immigration Station and candlelight tour of Fort Point at the foot of the Golden Gate Bridge in San Francisco, Calif.
         • Private guided tour of Yellowstone National Park in Montana and Wyoming
         • Ranger-led hikes and tours of the cliff dwellings of Mesa Verde National Park in Colorado
         • Private tour of the Kennedy Space Center in Florida

    The full list and descriptions of 2025 Field Trips are available HERE.

    “America’s 250th anniversary is an opportunity for everyone to share their stories, their thoughts on the past, and their hopes and dreams for the future — especially our young people,” said America250 Chair, Rosie Rios. “America’s Field Trip is more than just a contest; it’s an investment in our country’s future. When we provide students with special opportunities to explore our nation’s iconic landmarks, we’re not just creating incredible memories; we’re fostering a deeper understanding of our shared history and values. These experiences will inspire the next generation of leaders to build a stronger, more united America.”

    “Students represent the voices of future leaders and innovators, and we want to hear their voices,” said North Carolina Department of Natural and Cultural Resources Secretary Reid Wilson. “On behalf of our agency team leading the America 250 NC commemoration planning, we encourage all North Carolina students to engage in the America’s Field Trip contest.”

    “BNY is excited to continue our partnership with America250 and support this exceptional opportunity for young people to explore the accomplishments and potential of our nation,” said Jayee Koffey, Global Head of Enterprise Execution and Chief Corporate Affairs Officer for BNY. “Students are the architects of tomorrow and we believe America’s Field Trip will inspire the next generation to continue our nation’s long history of innovation.”

    America250 has also partnered with edtech leader Discovery Education to develop customized educational resources including lesson plans and student activities that empower educators to bring America’s 250th anniversary into their classrooms. New for the 2024-2025 school year, an educator-facing instructional video from Discovery Education is designed to help teachers align the contest prompt, “What does America mean to you,” with standards frameworks.

    “America’s Field Trip is a once-in-a-lifetime opportunity for students to step out of the classroom and into the heart of our nation’s history and culture,” said Amy Nakamoto, General Manager of Corporate Partnerships at Discovery Education Experience. “As we approach this important milestone, we are excited to work with America250 and BNY to spark curiosity and bring this national contest to life for students nationwide.”

    How to Participate in America’s Field Trip

    Students must develop their submissions individually and must have a teacher, parent, or legal guardian submit on their behalf. Students at each grade level will respond to the question, “What does America mean to you?” Students, families, and teachers can find more information, including resources, contest rules, release forms, and toolkit materials to integrate the contest into classroom activities at america250.org/FieldTrip.

    The contest has different submission requirements for each grade band and is available to any student in elementary school (third to fifth grade), middle school (sixth to eighth grade), and high school (ninth to twelfth grade). The contest will remain open until 5 p.m., April 16, 2025. First- and second-place award recipients will be announced in May 2025, and field trips will occur in July and August 2025.

    Educators can help spread the word about America’s Field Trip for the chance to win a cash award! The educator associated with the top-scoring entry in each grade band will each receive a $1,000 cash award. 

    NO PURCHASE NECESSARY. Contest begins 12 a.m. ET on Sept. 16 and ends 5 p.m. ET on April 16, 2025. Open to U.S. students (3rd – 12th grade); student’s parent/legal guardian or teacher with parental permission must submit entry on student’s behalf (unless student is the age of majority). Submission includes grant of license rights to entry’s content. First Prize awardees must travel with parent/legal guardian on designated dates. See Official Rules for full details including how to enter, eligibility requirements, prize description/restrictions and judging procedure. Void where prohibited.

    About America250
    America250 is a nonpartisan initiative working to engage every American in celebrating and commemorating the Semiquincentennial, the 250th anniversary of the signing of the Declaration of Independence. It is spearheaded by the congressionally appointed U.S. Semiquincentennial Commission and its sole-supporting nonprofit organization, America250.org, Inc., together known as America250. This multi-year effort kicked off with America’s Invitation on July 4, 2023: a national public engagement campaign inviting all Americans to share their stories and their hopes and dreams for the future of this country. Leading up to July 4, 2026, America250 is working to provide opportunities for all Americans to pause and reflect on our nation’s past, honor the contributions of all Americans, and look to the future we want to create for the next generation and beyond. To learn more, visit America250.org, and follow us on X, Instagram, Facebook, and LinkedIn.

    About BNY
    BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of June 30, 2024, BNY oversees $49.5 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.

    BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on http://www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

    1Funding provided by The Bank of New York Mellon Foundation.

    About Discovery Education 
    Discovery Education is the worldwide edtech leader whose state-of-the-art digital platform supports learning wherever it takes place. Through its award-winning multimedia content, instructional supports, innovative classroom tools, and corporate partnerships, Discovery Education helps educators deliver equitable learning experiences engaging all students and supporting higher academic achievement on a global scale. Discovery Education serves approximately 4.5 million educators and 45 million students worldwide, and its resources are accessed in over 100 countries and territories. Inspired by the global media company Warner Bros. Discovery, Inc. Discovery Education partners with districts, states, and trusted organizations to empower teachers with leading edtech solutions that support the success of all learners. Explore the future of education at http://www.discoveryeducation.com.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.
    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Sep 24, 2024

    MIL OSI USA News –

  • MIL-OSI USA: Transcript: Spotlighting CHIPS Workforce Training Program

    Source: US State of New York

    Earlier today, Governor Kathy Hochul attended a roundtable discussion between the U.S. Department of Commerce, American Federation of Teachers, and Micron Technology to celebrate and highlight the partnership created in Syracuse.

    VIDEO: The event is available to stream on YouTube here and TV quality video is available here (h.264, mp4).

    AUDIO: The Governor’s remarks are available in audio form here.

    PHOTOS: The Governor’s Flickr page will post photos of the event here.

    A rush transcript of the Governor’s remarks is available below:

    Thank you. Thank you, Secretary Raimondo. I want to thank you for having your door wide open to us here in the State of New York. I was a brand new Governor. We had our first conversation about how do we land Micron? How do we make sure they come to New York? And we were able to work with Majority Leader Chuck Schumer and the local team here, led by the Mayor, Ben Walsh. I want to thank him for his engagement intensely. Our County Executive McMahon was very involved, as John Mannion, our Senator was very involved, but I had the best economic development team in the country led by Hope Knight. I want to give her a round of applause.

    I’ll be brief. I want to hear the question. We are so proud of this. I brag about it everywhere I go. Everybody now knows that this is going to be the home of Micron. And more important than having a company come to a physical place here in upstate New York, it telegraphs a confidence in our economy that is contagious.

    I can’t tell you the supply chain companies that are now coming even 50, 100 miles down the road as a result of this. So we’ve created a whole ecosystem with the decision to put forth a $10 billion from the State of New York for our own Green CHIPS and Science Act as well. So, this is how government working with local communities can make a difference, but it’s all about the workforce.

    And when I had my first meeting with the Micron leaders, supposed to be a quick meeting during a snowstorm in Syracuse a couple of winters ago, it ended up, April, right? It went on for hours, because I wouldn’t let him leave until Sanjay said yes.

    But he made me promise I would get him the workforce he needed. And of course he said, “No problem, we’re going to do it, this is New York.”

    And today is about that. This is about planting the seed in young people, and getting them excited about these careers that will lift their families out of their circumstances.

    And I thank Micron for going to the heart of the City of Syracuse where people do not have that chance. They do not have a family member who’s going to be able to show them the path forward. We will do that. And Micron’s local investments are making that difference. So every child has a shot at the American Dream when they get the education we’re going to be talking about here today and also replicating that all over the State of New York.

    So, this is why I’m most excited about this project of anything and the Biden-Harris administration made it happen. I’m forever grateful to them as well. Thank you, Madam Secretary.

    MIL OSI USA News –

  • MIL-OSI Canada: Lowering costs for municipalities

    Source: Government of Canada regional news

    Municipalities play an important role in shaping Alberta’s vibrant communities and contributing to a stronger province. The province will now lend money to local authorities, which include municipalities, airports, counties and irrigation districts, at a lower rate.

    These entities will now pay the same interest rate as the province on money borrowed for infrastructure and other capital projects. The change is expected to save municipalities about $7 million in 2025-26 and about $12 million in 2026-27.

    In a time of high interest rates, Alberta’s government is reducing the budgetary pressures faced by local governments and frees up funds for purposes other than servicing debt.

    With Alberta’s balancing of the budget, the province has been able to reduce outstanding debt by more than $19 billion. With continued strong results, Alberta’s borrowing costs are expected to remain low.

    The Loans to Local Authorities program allows even the smallest municipalities in Alberta to benefit from the province’s fiscal strength and well-established access to global capital markets. The province lends money to local authorities to help finance their capital projects, such as roads and upgrades to local water, sewer, gas and electric services.

    “Alberta has lowered our cost of borrowing, and now we are passing that savings on to municipalities. They are our partners in providing services to Albertans, and by working together we can ensure that investments can be made with a minimum cost to service debt.”

    Nate Horner, President of Treasury Board and Minister of Finance

    “Our government provides billions of dollars in support to municipalities, ranging from grants to capital funding. Lowering the cost of borrowing for municipalities is just one more way we are ensuring that municipalities, counties, airports and irrigation districts can invest in their citizens.”

    Ric McIver, Minister of Municipal Affairs

    Background

    • The Loans to Local Authorities program was set up to ensure that all municipalities and qualifying local authorities in Alberta have access to funds at the lowest possible cost.
    • Interest rates charged on new loans to local authorities were revised to better reflect the cost of credit for municipal borrowers that raise debt financing in the capital markets.
    • The current loan pricing model under the Loans to Local Authorities program came into effect in December 2021.
    • Prior to the change, lending rates were equal to the province’s estimated cost of borrowing for debt with the same terms.
    • The change will take effect in Budget 2025.

    MIL OSI Canada News –