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Category: Business

  • MIL-OSI Banking: Apply to secure your company’s spot for the Project Starline x HP product

    Source: Google

    Secure your spot for the Project Starline x HP product

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    Sep 24, 2024

    [[read-time]] min read

    Here’s a sneak peek at the upcoming product and how companies can be among the first to try it.

    Maz Khorasani

    Group Product Manager, Project Starline

    Earlier this year, we announced Project Starline is coming out of the lab and into the world, with a focus on transforming the way distributed teams and individuals connect in the workplace. Through our partnership with HP, our technology will be commercially available starting in 2025.

    Today, we’re sharing a first look at the product design, built in collaboration with HP. The device’s design blends into meeting rooms, letting the experience take over so you can focus on what matters most: the other person. This helps make communication as natural as if two people were across from each other in the same room.

    Apply now to receive the Project Starline x HP product at launch

    We’ve seen incredible interest from companies eager to bring Project Starline to their employees. Starting today, companies can now apply to be among the first to receive the product when it launches in 2025. Through this program with HP, companies can sign up to secure their place in line and gain access to exclusive product information and updates.

    Learn more by visiting starline.google.

    POSTED IN:

    Let’s stay in touch. Get the latest news from Google in your inbox.

    MIL OSI Global Banks –

  • MIL-OSI United Nations: Secretary-General’s remarks at the Sustainable Development Goals (SDGs) Moment Event [bilingual, as delivered; scroll down for all-English and all-French]

    Source: United Nations secretary general

    Excellencies, dear friends,  

    The Sustainable Development Goals represent a bold vision: a commitment to a better, healthier, safer and more prosperous and sustainable future.   

    But the Goals are facing massive headwinds.

    More than 4 out of 5 SDG targets are off track.

    On top of the impacts from a global pandemic, many countries are being crushed by massive debt burdens, limited liquidity and sky-high borrowing costs.

    Conflicts, hunger, inequalities and the climate crisis are all intensifying.

    And the global financial architecture is not providing developing countries with sufficient financing and liquidity or to act as an effective safety net for all.

    The world has the wealth, the technology, and the know-how to achieve the SDGs.

    Last September’s SDG Summit included consensus around an SDG Stimulus of at least $500 billion per year in financing for developing countries — and the need for global financial architecture reform.

    It highlighted key transitions to generate maximum progress — ending hunger, expanding renewable energy, digitalization, education, social protection and decent work, and ending the triple planetary crisis of climate change, pollution and biodiversity loss.

    It also underscored the vital importance of ensuring that women, girls and young people are at the decision-making table.   

    Today, you will hear from leaders about their countries’ progress across all these areas — leaders determined to make changes, even in the face of great odds.

    And we will celebrate some milestones at the global level.

    From reducing child mortality rates…to preventing new HIV infections…to increasing access to renewable energy and broadband …to greater gender parity across education systems.

    As we reflect on next steps, I urge focus on the three development drivers that can accelerate progress.

    The first is finance. 

    Crushing debt and inefficient tax systems are starving investments in health, education and food in many developing countries.

    The Pact for the Future includes support for the SDG Stimulus and global financial architecture reform to help ease the debt crisis of so many developing countries.

    This includes multiplying the lending capacity of Multilateral Development Banks to provide more resources for climate action and sustainable development, and changing their business model to leverage massive amounts of private finance.  

    As we look towards next year’s Summits on Social Development and Financing, I urge all countries to double down on these reform efforts.

    The second development driver is climate action.

    I urge countries to put forward ambitious national climate action plans that align with the 1.5 degree limit, and cover the whole economy and all sectors.

    This requires aligning national energy strategies with a 1.5-degree world, ending fossil fuel subsidies and putting a price on carbon.

    It is time for a rapid and just phase-out of fossil fuels, and a rapid and smart scale-up of renewables to drive sustainable development, energy security and economic prosperity.

    We must fairly and sustainably meet the global demand for critical minerals that can power the renewables revolution. And the Panel on Critical Energy Transition Minerals has provided recommendations to do this.

    Protecting development gains from climate upheaval is also critical.

    We need new and generous contributions to the Loss and Damage Fund.

    We need developed countries honouring their commitment to double adaptation funding by 2025.

    And we need governments to agree on a significant new climate finance goal at COP29, including new and innovative sources of finance.

    Le troisième facteur de développement, c’est la paix.

    Tous nos plans de développement sont rapidement anéantis par des conflits sans fin causant la mort, la destruction, la faim, les déplacements de populations et les violences basées sur le genre.

    Et les ressources dont nous avons tant besoin pour nourrir et éduquer nos enfants et construire une planète durable pour notre jeunesse sont gaspillées en dépenses militaires.

    Nous avons besoin de paix – à Gaza, en Ukraine, au Soudan, et partout ailleurs.

    J’appelle les dirigeants du monde entier à surmonter les divisions, à mettre fin aux conflits, et à investir dans l’avenir de leurs populations et dans la paix.

    Chers amis,

    Dans un monde de richesses exceptionnelles, de connaissances et de technologies sans précédent, nous n’avons aucune excuse.

    Il est temps de tenir les promesses du Programme 2030 – de mettre fin à la pauvreté, de protéger la planète, et de ne laisser personne de côté.  

    Gardons les Objectifs de développement durable en vie.

    Je vous remercie.

    ***
    [all-English]

    Excellencies, dear friends,

    The Sustainable Development Goals represent a bold vision: a commitment to a better, healthier, safer and more prosperous and sustainable future.   

    But the Goals are facing massive headwinds.

    More than 4 out of 5 SDG targets are off track.

    On top of the impacts from a global pandemic, many countries are being crushed by massive debt burdens, limited liquidity and sky-high borrowing costs.

    Conflicts, hunger, inequalities and the climate crisis are all intensifying.

    And the global financial architecture is not providing developing countries with sufficient financing and liquidity or to act as an effective safety net for all.

    The world has the wealth, the technology, and the know-how to achieve the SDGs.

    Last September’s SDG Summit included consensus around an SDG Stimulus of at least $500 billion per year in financing for developing countries — and the need for global financial architecture reform.

    It highlighted key transitions to generate maximum progress — ending hunger, expanding renewable energy, digitalization, education, social protection and decent work, and ending the triple planetary crisis of climate change, pollution and biodiversity loss.

    It also underscored the vital importance of ensuring that women, girls and young people are at the decision-making table.   

    Today, you will hear from leaders about their countries’ progress across all these areas — leaders determined to make changes, even in the face of great odds.

    And we will celebrate some milestones at the global level.

    From reducing child mortality rates…to preventing new HIV infections…to increasing access to renewable energy and broadband …to greater gender parity across education systems.

    As we reflect on next steps, I urge focus on the three development drivers that can accelerate progress.

    The first is finance. 

    Crushing debt and inefficient tax systems are starving investments in health, education and food in many developing countries.
       
    The Pact for the Future includes support for the SDG Stimulus and global financial architecture reform to help ease the debt crisis of so many developing countries.

    This includes multiplying the lending capacity of Multilateral Development Banks to provide more resources for climate action and sustainable development, and changing their business model to leverage massive amounts of private finance.  

    As we look towards next year’s Summits on Social Development and Financing, I urge all countries to double down on these reform efforts.

    The second development driver is climate action.

    I urge countries to put forward ambitious national climate action plans that align with the 1.5 degree limit, and cover the whole economy and all sectors.

    This requires aligning national energy strategies with a 1.5-degree world, ending fossil fuel subsidies and putting a price on carbon.

    It is time for a rapid and just phase-out of fossil fuels, and a rapid and smart scale-up of renewables to drive sustainable development, energy security and economic prosperity.

    We must fairly and sustainably meet the global demand for critical minerals that can power the renewables revolution. And the Panel on Critical Energy Transition Minerals has provided recommendations to do this.

    Protecting development gains from climate upheaval is also critical.

    We need new and generous contributions to the Loss and Damage Fund.

    We need developed countries honouring their commitment to double adaptation funding by 2025.

    And we need governments to agree on a significant new climate finance goal at COP29, including new and innovative sources of finance.

    And the third development driver is peace.

    All our development plans are quickly erased by relentless conflicts that cause death, destruction, hunger, displacement and gender-based violence.

    And the resources we desperately need to feed and educate our children and build a sustainable planet for our young people are wasted on military expenditures.

    We need peace — from Gaza to Ukraine to Sudan and beyond.

    I call on global leaders to heal divisions, end conflicts, and invest in people and peace.

    Dear friends,

    In our world of unprecedented wealth, knowledge and technologies, there is no excuse.

    It’s time to keep the promises of the 2030 Agenda for Sustainable Development to end poverty, protect the planet, and leave no one behind.  

    Let’s keep the SDG commitment alive.

    Thank you.

    ***
    [all-French]

    Excellences, Chers amis,

    Les objectifs de développement durable incarnent une vision audacieuse. Ils constituent un engagement en faveur d’un avenir meilleur, plus sain, plus sûr, plus prospère et plus durable.

    Mais les vents contraires sont nombreux.

    Nous sommes mal partis pour atteindre plus de quatre sur cinq de toutes les cibles associées aux objectifs de développement durable.

    Outre les conséquences d’une pandémie mondiale auxquelles ils doivent faire face, de nombreux pays sont écrasés par un endettement massif, des liquidités limitées et des coûts d’emprunt très élevés.

    Les conflits, la faim, les inégalités et la crise climatique s’intensifient.

    En outre, l’architecture financière mondiale ne permet pas aux pays en développement de pouvoir compter sur suffisamment de financements et de liquidités et ne leur offre pas un filet de sécurité efficace pour tous.

    Le monde a pourtant les richesses, les technologies et le savoir-faire qu’il faut pour atteindre les objectifs de développement durable.

    Au mois de septembre dernier, le Sommet sur les objectifs de développement durable a permis de dégager un consensus autour d’un plan de relance des objectifs de développement durable, prévoyant des financements d’au moins 500 milliards de dollars par an pour les pays en développement – et de s’accorder sur le fait qu’il est nécessaire de réformer l’architecture financière mondiale.

    L’accent a été mis sur les transitions clés qui permettront d’accomplir un maximum de progrès dans toute une série de domaines : élimination de la faim, développement des énergies renouvelables, numérisation, éducation, protection sociale et travail décent, ainsi que de mettre fin à la triple crise planétaire, à savoir les changements climatiques, la pollution et l’appauvrissement de la biodiversité.

    Il a également été souligné qu’il était crucial de veiller à ce que les femmes, les filles et les jeunes aient leur place à la table des décisions.

    Aujourd’hui, vous entendrez des dirigeants et dirigeantes parler des progrès réalisés par leur pays dans tous ces domaines. Ils sont déterminés à faire bouger les lignes, en dépit des difficultés énormes auxquelles ils heurtent.

    Et nous célébrerons des réussites phares à l’échelle planétaire : depuis la réduction des taux de mortalité infantile jusqu’à l’amélioration de la prévention des nouvelles infections par le VIH, en passant par l’élargissement de l’accès aux énergies renouvelables et de l’accès au haut débit et par l’amélioration de la parité entre les femmes et les hommes dans les systèmes éducatifs.

    Alors que nous réfléchissons aux prochaines étapes, je vous invite à vous concentrer sur les trois moteurs du développement qui pourraient permettre d’accélérer le rythme des progrès.

    Tout d’abord, les financements.

    Dans de nombreux pays en développement, les investissements dans les domaines de la santé, de l’éducation et de l’alimentation sont exsangues à cause du niveau écrasant de la dette et de l’inefficacité des systèmes fiscaux.

    Dans le Pacte pour l’avenir, il est prévu d’appuyer le plan de relance des objectifs de développement durable et la réforme de l’architecture financière mondiale afin d’atténuer la crise de la dette que traversent de trop nombreux pays en développement.

    Il s’agit notamment de multiplier la capacité de prêt des banques multilatérales de développement afin de dégager davantage de ressources pour l’action climatique et le développement durable, et de modifier leur modèle de fonctionnement afin de mobiliser en masse des financements privés.

    Les Sommets sur le développement social et le financement auront lieu l’an prochain, et j’invite tous les pays à redoubler d’efforts pour faire avancer la réforme dans cette perspective.

    Le deuxième moteur du développement, c’est l’action climatique.

    J’invite les pays à adopter des plans d’action nationaux pour le climat qui soient ambitieux, en ne dépassant pas la limite des 1,5 degré, et en couvrant l’ensemble de l’économie et tous les secteurs.

    Il faudra pour cela aligner les stratégies énergétiques nationales sur l’objectif d’une élévation de la température mondiale ne dépassant pas les 1,5 degré, mettre fin aux subventions aux combustibles fossiles et fixer un prix pour le carbone.

    L’heure est venue d’éliminer progressivement mais rapidement les combustibles fossiles, au terme d’une transition équitable, et d’augmenter rapidement, avec discernement, les énergies renouvelables pour favoriser le développement durable, la sécurité énergétique et la prospérité économique.

    Nous devons répondre d’une manière juste et durable à la demande mondiale en minéraux essentiels, qui ont le potentiel de porter la révolution des énergies renouvelables. Et le Groupe chargé de la question des minéraux essentiels à la transition énergétique a formulé des recommandations à cette fin.

    Il est également essentiel de protéger les acquis du développement face aux bouleversements climatiques.

    Il faut par ailleurs que de nouvelles et généreuses contributions soient versées au Fonds pour les pertes et les préjudices.

    Les pays développés doivent honorer l’engagement qu’ils ont pris de doubler le financement de l’adaptation d’ici à 2025.

    Et il faut que les gouvernements se mettent d’accord sur un nouvel objectif ambitieux en ce qui concerne le financement de l’action climatique lors de la vingt-neuvième session de la Conférence des Parties à la Convention-cadre des Nations Unies sur les changements climatiques, y compris au sujet des sources de financement nouvelles ou novatrices.

    Le troisième facteur de développement, c’est la paix.

    Tous nos plans de développement sont rapidement anéantis par des conflits sans fin causant la mort, la destruction, la faim, les déplacements de populations et les violences basées sur le genre.

    Et les ressources dont nous avons tant besoin pour nourrir et éduquer nos enfants et construire une planète durable pour notre jeunesse sont gaspillées en dépenses militaires.

    Nous avons besoin de paix – à Gaza, en Ukraine, au Soudan, et partout ailleurs.

    J’appelle les dirigeants du monde entier à surmonter les divisions, à mettre fin aux conflits, et à investir dans l’avenir de leurs populations et dans la paix.

    Chers amis,

    Dans un monde de richesses exceptionnelles, de connaissances et de technologies sans précédent, nous n’avons aucune excuse.

    Il est temps de tenir les promesses du Programme 2030 – de mettre fin à la pauvreté, de protéger la planète, et de ne laisser personne de côté.

    Gardons les objectifs de développement durable en vie.

    Je vous remercie.
    ***

    MIL OSI United Nations News –

  • MIL-OSI Asia-Pac: Keynote speech by SJ at networking dinner of forum titled Hong Kong: The Common Law Gateway for Vietnamese Businesses to China and Beyond in Ho Chi Minh City, Vietnam (English only) (with photos)

    Source: Hong Kong Government special administrative region

         Following is the keynote speech by the Secretary for Justice, Mr Paul Lam, SC, at the networking dinner of the forum titled Hong Kong: The Common Law Gateway for Vietnamese Businesses to China and Beyond in Ho Chi Minh City, Vietnam, on September 24:
     
    Ladies and gentlemen,
     
         Good evening, xin chào buổi tối. Frankly speaking, I do not think I can do a better job than all the eminent speakers who have spoken before me. So I am not going to say something new. Instead, I wish to do a very quick recap to sum up the key and essential points made by various speakers so that you can have a few takeaways after today’s event.

         I prefer to do it by once again referring to the theme of our forum, “The Common Law Gateway for Vietnamese Businesses to China and Beyond”, but I wish to focus on a few key phrases and do it in the reverse order. So I would like to focus on China and beyond first.

         We are lawyers coming from Hong Kong. As I said in my opening remarks, obviously there have been very close relationships between Hong Kong and Vietnam. But the reason why we are here is not simply because of Hong Kong, it is about something much bigger than Hong Kong. That is our country, China, and beyond.

         A number of speakers have referred to a very important concept known as the Guangdong-Hong Kong-Macao Greater Bay Area. And I wish to emphasise again the importance of the Greater Bay Area. You have been told that the Greater Bay Area consists of the Guangdong Province, in particular the nine cities in Guangdong Province, plus Hong Kong and Macao. To give you some ideas, the size of Greater Bay Area is almost like Croatia, a mid-size European country, with population around 86 million, similar to the population of Germany. If you look at what cities are situated within the Greater Bay Area, we have three very important cities: Guangzhou, of course, which is the capital of the province of Guangdong, a very important city in the southern part of China. And then you have Shenzhen, I think some of our speakers have mentioned Shenzhen, which is the innovation and high-tech hub, where you have the headquarters of Tencent, the factories of BYD and Huawei. All the advanced technology or high-tech innovative things are happening in Shenzhen, which is just across the border. And then of course you have Hong Kong, which is the international financial and trade centre.

         Although there are different bay areas in the world, we have the Tokyo Bay area, the San Francisco Bay Area, but I venture to say that they cannot be compared to Hong Kong because in the Greater Bay Area, you have one country but three different jurisdictions, including Mainland China, Hong Kong, and also Macao which used to be ruled by the Portuguese. So it is a very special place with huge potential. Hong Kong may well be your final destination for your business and business venture. But it also may not be your final destination. Maybe you will find much more opportunities in the Greater Bay Area in China. And then in China, very often there would be investments and other business ventures with other countries. So it is really “China and beyond”.

         Now moving to “Gateway”. I just mentioned that perhaps you will be more interested not just about opportunities for business investment in Hong Kong, but also those offered in Mainland China. And of course you would agree with me that legal service would be important. But you may wonder, if I wish to invest in Mainland China or co-operate with a Mainland partner, why shouldn’t I simply instruct a Mainland lawyer? Why shouldn’t I simply engage the legal service offered by Mainland China? And why should I do it via Hong Kong, which seems to be a little bit indirect or a bit convoluted. And of course, all the speakers who have spoken this afternoon have provided some very good answers. One of the key characteristics of this particular gateway, or using Hong Kong as a gateway, is our common law character, our common law tradition. But again, as pointed out by one of the participants who raised a question at the end of the first session, Hong Kong is definitely not the only common law jurisdiction in this world which can play the role as a gateway for the provision of legal service. I think my friend mentioned Singapore. Why not Singapore? Singapore is definitely a common law jurisdiction. Even in ASEAN, within the Southeast Asia, we have Malaysia which is also a common law jurisdiction. So it is our duty to explain to you a little further.

         What is so special about Hong Kong? I hate to compare Hong Kong with Singapore, but because this question has been raised, I think I have to answer that question as if I were being asked to answer that question by a judge in the court. So I have to give a direct answer. But as a government official, I have to be as diplomatic as possible. The way I put it is that we can and we will offer something that only Hong Kong can offer. We can offer something that Singapore will not be able to do. It is because of six factors, as the sum total of these six factors that make Hong Kong truly unique and peculiar, unparalleled. So what are these six factors? Now, here comes my summary of what you have heard this afternoon.

         First, Hong Kong provides a very stable legal environment. Stable in the sense that Hong Kong is the only common law jurisdiction within China. It is the only common law jurisdiction in China, and it will remain to be the only common law jurisdiction within China. The reason is that the common law system practiced in Hong Kong has been guaranteed by a constitutional document, which is our Basic Law. You can describe it as a mini-constitution. Now, there have been some queries in the past on certain wordings in our constitutional document. Some people questioned whether the principle of “one country, two systems” or the common law system practiced in Hong Kong will continue after 2047, which is the 50th anniversary of the resumption of sovereignty by China of Hong Kong. But that uncertainty has been removed very clearly by the leaders of China, in particular President Xi Jinping. Back in 2022, on July 1 when he came to Hong Kong, he made a very important speech, a very short speech. What is most telling is that in his very short speech, he mentioned the common law system in Hong Kong twice. He said that the common law system is a core element of the “one country, two systems” principle, which is a very good policy that is going to last basically forever. So there should be no doubt whatsoever that not only the principle of “one country, two systems”, but also our common law system will continue. So the first point “stability” – it is very stable.

         The second point is that our system is also very reliable. Now, that goes to the question of the existence of a very reputable and respected judiciary. When it comes to a judicial or legal system, two factors will be of crucial importance. First, quality, quality of justice, whether judges are smart enough to deliver true justice. Second, integrity, whether judges are seen to be able to discharge their duty fairly and impartially. Now, I think the Judiciary in Hong Kong fulfills these two very important essential criteria.

         In terms of quality, as my friends said this afternoon, all the judges, they enjoy very high standing in the world. Our Court of Final Appeal, I should mention that the judgments delivered by the judges of the Court of Final Appeal, they were cited in other common jurisdictions from time to time. And we have foreign judges sitting as part-time judges in Hong Kong. I also remember that one of the speakers mentioned the World Justice Project Rule of Law Index, Hong Kong ranked the 23rd out of 142 jurisdictions in the world. And I think we ranked the sixth in East Asia and the Pacific region. Ahead of the United States, and if I recall correctly, Spain, another major economy in the world.

         When it comes to integrity, once again my friends have informed you that how judges in Hong Kong are appointed. They are appointed completely independently by an independent statutory body. It is not possible for the executive to interfere with the performance of the judges. It is not possible for the executive to fire or sack any judges. And in fact, I have to tell you a very embarrassing piece of information which nobody dares mention, that is the Government lost cases before the court quite often. So I think that is a very good indication that judges in Hong Kong do exercise the judicial function very impartially.

         But for your interest, I am sure you would be concerned whether Mainland parties, in particular state-owned enterprises, or very important, powerful business entities in Mainland China, would they enjoy any undue advantage when they engage in litigation against foreign parties in Hong Kong? Once again I am very sure that if you look at records, if you look at judgments, we have open judgments, you will see many cases which are decided entirely on merits. Sometimes state-owned enterprises or Mainland parties win, sometimes they lose. But there is not a single piece of evidence suggesting that in deciding these cases, the court in Hong Kong has taken into account any consideration other than the law and the evidence. And the best evidence is contained in our judgments, which you can inspect and you can read for yourself. So this is the second factor: very reliable.

         Third factor: very business friendly. You have to remember that we have a bilingual legal system. So both English and Chinese are official languages. It is not just a working language, it is the official language by which we write our statute. We also use English in court proceedings, and very often in arbitration proceedings. This is an international language that is familiar to people outside Hong Kong, just like I am using English to communicate with you, hoping that you would be able to understand what I am trying to say.

         The second point as to why business friendly is about the content of the law, the content of our substantive law, in particular when it comes to international commercial law, investment law. They are all very international in the sense that its content is substantially similar to the law that you find in other developed countries, for example, the United Kingdom, Australia, and New Zealand. So the principles of substantive law would be very familiar to the international business community, so it is business friendly.

         The third point is that the Hong Kong Government has been very proactive to make Hong Kong a more attractive place for investment and doing business. I can give you some examples. For example, we are very active in promoting the establishment of family office in Hong Kong to encourage people to invest money to set up family office, in particular, for very resourceful families. In order to make this initiative attractive, we have amended our revenue law, our tax law, to lower our tax rate if you wish to set up family offices in Hong Kong. Another example is that our listing rules, IPO initial public offerings, if you wish to raise finance by getting your company publicly listed, the Hong Kong Stock Exchange has introduced a new scheme, it’s called SPAC (Special Purpose Acquisition Companies). The idea is very simple. It enables a company without any track record but so long as it fulfills some sorts of requirement to ensure that the investors’ interest will be protected, it will get the chance to be listed in Hong Kong. So I mean we are very proactive in making it more convenient. One of the speakers have mentioned about the difficulty of entering into Hong Kong because of the visa requirement. But as I said in my welcoming remarks, we are relaxing the restrictions or the requirement gradually. So starting from October last year, for the talents, they will be able to come to Hong Kong very easily. And for business travellers and for tourists, you will be able to obtain multiple visas very conveniently. And lastly, when it comes to arbitration, we have actually introduced a pilot scheme. At the moment, the arrangement is that if you are engaged and involved in the arbitration, no matter in what capacity, say, as arbitrator, as counsel, appearing for either party as a witness or even a party, you will be exempted from the need to obtain any visa if you come to Hong Kong for such purposes. So I would say that the difficulty is more apparent than real. So that is the third factor, business friendly.

         The fourth factor: it is very safe and secure to use Hong Kong as a platform for doing business and investment. You must be concerned whether your money, your property can go into Hong Kong and leave Hong Kong easily and freely, and what happens when your property and money is in Hong Kong. Under our constitutional document Basic Law, we guarantee freedom of movement of funds, money and goods. So you can come anytime and your money can leave anytime. There is no exchange control, there is no improper expropriation, and when your money and your property is in Hong Kong, it is completely safeguarded by a stringent set of regulations, not just by statutes, but by other important statutory bodies like the Hong Kong Monetary Authority, the Securities and Futures Commission. There are very strict regulations to ensure that your investment and your property will be protected. And of course, the quality and integrity of the law enforcement agencies will be important. One strength of Hong Kong is that there is no question, no issue or any concern about corruption at all. Hong Kong is the cleanest place, one of the cleanest places in the world that you can find. If you look at the figures, I think Hong Kong ranks among the top five when it comes to the absence of corruption.

         I wish to share a piece of information just to substantiate my confidence in the integrity of the financial market. A piece of latest news is that a British think tank just announced the Global Financial Centres Index. And Hong Kong had climbed back to the third place after New York and London. And this time we are ahead of Singapore. In 2022 up to last year, Hong Kong ranked the fourth for different reasons, but this year we managed to overtake Singapore to reclaim the third place, which I think is a very pertinent place. It served as a very good evidence of the competence of the people in Hong Kong’s financial market. So this is the fourth factor.

         The fifth factor is that Hong Kong provides dual connectivity. It allows you to connect to the world on the one hand, and also connect to the Mainland at the same time. My friend already said that Hong Kong has important legal connections with the rest of the world, for example, arbitral awards can be enforced and recognised because of the New York Convention. We have entered into a lot of arrangements with other international organisations. Important legal bodies would have their headquarters and offices in Hong Kong. Now this is where Singapore cannot be compared to Hong Kong – we have very special mutual legal assistance arrangements with Mainland China, which is made possible purely because Hong Kong is a part of China, though we practice different legal systems.

         I simply wish to refresh your memory by highlighting one example, which is the arrangement concerning the possibility of granting interim injunction in arbitral proceedings. As business people, it is no use at all to you to spend a lot of money on arbitration if at the end of the day, what you get is a piece of paper. What is the most important is that you will be able to enjoy the fruit in case you succeed in arbitration. That means pending the conclusion of the arbitration proceedings, you need to have sufficient safeguard to ensure that the asset at stake will be protected. In addition, sometimes it would require the preservation of evidence to ensure that the merit of case can be fully reflected in the course of the proceedings. The special arrangement is that if you start arbitral proceedings in Hong Kong by using one of the designated arbitration institutions, then the Mainland court will be very willing to provide you with the assistance by giving you the interim injunction, which is very useful. I don’t remember the figure, but the success rate is over 90 per cent. So this is the connectivity factor.

         The last factor which is most important, and is evident by the quality of the speakers who have spoken before me, that is Hong Kong has an abundant supply of truly international legal talent. If you are using our legal service, if you instruct a Hong Kong lawyer, you are not simply enjoying Hong Kong legal service. You are engaging a global counsel. You are engaging and instructing a truly international lawyer. And again, I wish to repeat or perhaps add some figures to substantiate my point. You were told that we have a divided legal profession consisting of barristers and solicitors. I give you the numbers again. I would stand to be corrected. At the moment, I think there are around 1 600 barristers in Hong Kong, and among them 108 are Senior Counsel. We have three Senior Counsel here with us today. So in a small group of 15 persons, we already have three Senior Counsel – Queenie Lau, SC, Derek Chan, SC, and myself. And when it comes to solicitors, the figures are even more impressive. I think we have more than 13 000 solicitors in Hong Kong. And the important thing is that, look at the number of law firms, we have more than 920 law firms. Among these 900 law firms, around 351 have foreign offices. So they are not local law firms, they have presence in other jurisdictions. And I think 80 something have offices in Mainland China. And when we come to registered foreign law firms, there are 77. As for registered foreign lawyers who specialised or qualified in different jurisdictions, I think the number exceeds 1 400. You can tell from the composition, not just the quantity or the number, but the composition, a lot of them are associated one way or the other with law firms in other jurisdictions. Either they have their own presence in other jurisdictions, or they are closely related with some other very close law firms in other jurisdictions. So my point is, when you get the service of a Hong Kong lawyer, you are getting world service. You don’t need to go anywhere. So this is the last factor, which I believe is the most important factor.

         And the other thing is that, as mentioned by some of our friends, when it comes to legal service, it is not just the legal knowledge that matters. At the end of the day, legal service is about resolving people’s problem. You have to understand culture. You have to understand the people. When you are doing business involving a Mainland element, because one of the speakers asked what the criteria of picking arbitrator or mediator are if Mainland element is involved, I think the answer should go beyond the choice of arbitrator and mediator. It goes to the choice of lawyer in general. I think you need to find someone who is not simply good at law but understands human nature and business culture. A good lawyer is somebody who is able to communicate with you, who can explain very technical matters in a way that you can understand, who can understand the whole business environment, who can understand why in a different jurisdiction, why in a different culture, things are done in a certain way, documents are drafted in a particular manner, why certain words are used, what’s the magic, what’s the hidden message. It is important for lawyers to be able to decipher all these subtle points. In Hong Kong, most of us are not just bilingual because we are Chinese, we understand the Chinese culture, we understand how things are done and said, but at the same time, we are trained by the common law tradition. So we are going to be a perfect interpreter, helping you to understand each other, to ensure that nothing will be lost in translation. I think that is a very important point when it comes to the choice of legal service.

         So to sum up, six factors: it’s stable, it’s reliable, it’s business friendly, it’s secure, it provides dual connectivity, it provides abundant supply of truly international legal talent.

         Maybe Singapore enjoys one or two or even five of the factors before, but I’m quite sure that if you do a checklist, Singapore will not be able to have all the ticks in all the six boxes. So it is really the sum total of these six factors which makes Hong Kong so unique.

         The last thing that I would like to say is that I would like you to visualise, to have a sort of mental picture as to what I am saying. I would like to draw an analogy. The legal service of Hong Kong provides is just like a multi-storey building. In one single building, you have a food hall consisting different types of restaurants. We have Michelin three star restaurants, we have restaurants serving Vietnamese food, and we have restaurants serving Chinese food. The point is whatever you need, they will be available, in terms of price or whatever. And the food will be extremely hygienic and the quality will be very high. I think that’s the concept, that’s the main picture that I would like you to have after today’s event. Thank you.      

    MIL OSI Asia Pacific News –

  • MIL-OSI Translation: The weekly update on the government’s economic plan

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    The Deputy Prime Minister and Minister of Finance will provide an update on the government’s economic plan. She will be joined by the Minister of Public Services and Procurement, Jean-Yves Duclos, and the Minister of Housing, Infrastructure and Communities, Sean Fraser.

    Ottawa, Ontario – The Deputy Prime Minister and Minister of Finance will provide an update on the government’s economic plan. She will be joined by Minister of Public Services and Procurement Jean-Yves Duclos and Minister of Housing, Infrastructure and Communities Sean Fraser.

    Notes to media representatives:

    Free coverage. Media representatives wishing to cover the event must be accredited with the Parliamentary Press Gallery. Media representatives wishing to cover the event should send an email to mediare@fin.gc.ca.

    Date

    September 24, 2024

    Hour

    9:00 a.m.

    Contact persons

    Katherine CuplinskasDeputy Director of CommunicationsOffice of the Deputy Prime Minister and Minister of Financekatherine.cuplinskas@fin.gc.ca

    Media RelationsDepartment of Finance Canadamediare@fin.gc.ca613-369-4000

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

    MIL Translation OSI

  • MIL-OSI Security: IAEA Profile: Fuelling Success – Gloria Kwong’s Path to Decommissioning and Environmental Remediation

    Source: International Atomic Energy Agency – IAEA

    Gloria Kwong during a panel at the ATOMEXPO International Forum held from 19-21 June 2017 in Moscow, Russia. (Photo: Rosatom)

    The IAEA profiles employees to provide insight into the variety of career paths that support the Agency’s mission of Atoms for Peace and Development and to inspire and encourage readers, particularly women, to pursue careers in STEM (science, technology, engineering and mathematics) or STEM-adjacent fields. Read more profiles of women at the IAEA.   

    Growing up in a conservative, Chinese household in Canada, Gloria Kwong was raised to avoid taking risks and to prioritize her education to help ensure her success.  

    Throughout her professional journey, which has led her from Canada to Austria via France, Kwong has always remained committed to her work in the areas of nuclear waste, decommissioning and environmental remediation. During her career, she has navigated challenges in a male-dominated industry and advises young women to follow their passions and embrace new opportunities, even when they come with challenges or risks. 

    As a young girl, Kwong aspired to become a professional chef, but her parents encouraged her and her four siblings to focus on their academic studies. After high school, Kwong earned a bachelor’s and master’s degree in chemical engineering at the University of Toronto, Canada, and within a few years, she advanced to a managerial role at a leading telecommunications company. However, she realized that her passion was in more technically demanding work, eventually leading her to her current role as Head of the Decommissioning and Environmental Remediation Section at the IAEA.   

    “It may surprise people that my experience working in a managerial position for a telecommunications company impacts my work at the IAEA. Although technical competency is essential, good decision-making, communication, and interpersonal skills are no less important, and this is something that comes in hand every day when I work with my team and colleagues at the Agency. An unconventional professional background does not limit you, but instead provides you with more tools to succeed,” said Kwong. 

    Seeking to broaden her horizons, Kwong transitioned to the nuclear field as a design engineer at the Ontario Power Generation Darlington Power Station (OPG) in Toronto. While working as a Senior Engineer at OPG, Kwong pursued her PhD in materials engineering from Imperial College London. It would be years later before Kwong took another career leap – this time across the Atlantic. After over a decade at OPG, which later became the Nuclear Waste Management Organization, she was offered the position of Radioactive Waste Management Specialist at the OECD Nuclear Energy Agency (NEA) in Paris, France. 

    Kwong’s career at the NEA was marked by her willingness to take on new challenges and leadership roles. For over 11 years, she held various managerial positions, including Acting Head of the Radioactive Waste Management Division and the Nuclear Technology Development & Economics Division. Her leadership skills and technical insight were recognized, leading to other roles as Deputy Head of the Office of Policy and Coordination, Head of the International Framework for Nuclear Energy Cooperation, and eventually, Senior Advisor to the Director-General. 

    Like other women working in a male-dominated industry, Kwong made a concerted effort to establish her credibility and earn the respect of her peers. Her career has been filled with professional milestones and unique international experiences, but it has not been without challenges. 

    “A big hurdle for women has always been work-life balance and prioritizing career development , but I see more employers, like the IAEA, addressing these matters through educational scholarships that relieve financial burdens, flexible professional development programmes and new, accommodating HR policies, thereby attracting more women to the nuclear sector,” said Kwong. 

    After over a decade at the NEA, Kwong left Paris and moved to Vienna to join the IAEA as the Head of the Decommissioning and Environmental Remediation Section. She and her colleagues strive to promote nuclear decommissioning and environmental remediation by supporting sustainable nuclear energy development. They encourage countries to integrate circular economy principles into national decommissioning and radioactive waste management policies, and they facilitate knowledge sharing to promote the efficient use of resources and the safe reuse of materials. 

    “I want to contribute to narrowing the energy equity gap to ensure more people can access affordable, sustainable and clean energy. I believe that nuclear power can elevate its contribution to complement other clean energy sources, which is why I believe in the mission and work of the IAEA,” Kwong said.  

    Her piece of advice to young women considering a career in the nuclear field: 

    “Follow your heart in decision making. Explore other opportunities, and don’t be afraid to take some risks.” 

    MIL Security OSI –

  • MIL-OSI USA: Governor Ron DeSantis Issues Updates on State Preparedness Efforts Ahead of Helene

    Source: US State of Florida

    TALLAHASSEE, Fla.—At 9:30AM today, Governor DeSantis was joined by Kevin Guthrie, Executive Director for the Florida Division of Emergency Management (FDEM), for a press conference at the State Emergency Operations Center to provide updates on Tropical Storm Helene. Governor DeSantis issued Executive Order 24-209 on September 24, updating EO 24-208 and declaring a state of emergency for 61 counties, which allows for state officials to make critical resources available to communities ahead of any potential storm impacts.

    As of 11AM ET, Tropical Storm Helene officially formed over the Northwestern Caribbean Sea.

    Watches and warnings in effect include:

    Hurricane Watch: Bay, Calhoun, Charlotte, Coastal Collier, DeSoto, Gulf, Hardee, inland Hillsborough, Lake, Lee, inland Manatee, eastern Marion Mainland Monroe and Middle Keys (Monroe County), Orange, Osceola, Polk inland Sarasota, Seminole, and Sumter counties

    Tropical Storm Warning: Lower Florida Keys & Dry Tortugas (Monroe County)

    Tropical Storm Watch: Citrus, eastern Columbia, Dixie, Franklin, Gadsden, Gilchrist, Hernando, Coastal Hillsborough, Jefferson, Liberty, Leon, Levy, Coastal Manatee, western Marion, Pasco, Pinellas, Coastal Sarasota, Suwannee, Taylor and Wakulla counties

    Floridians are encouraged to know their risks from hurricane hazards and prepare for potential impacts from Tropical Storm Helene. To learn more, residents can visit FloridaDisaster.org/Guide.

    Counties have begun their preparation efforts including measures like sandbag stations. For updates on county resources available visit FloridaDisaster.org/Counties for a list of all 67 county emergency management contacts.

    State Preparedness Efforts

    • The Florida Division of Emergency Management (FDEM) activated the State Emergency Operations Center to a Level 1 on Tuesday, September 24 and is leading coordination efforts for the State Emergency Response Team.
    • FDEM is hosting twice-daily calls with all 67 counties to identify needs and to ensure the state is prepared to respond quickly and efficiently.
    • Additionally, FDEM is coordinating with state agencies, non-governmental organizations, and private sector partners to facilitate ongoing resource requests for counties, including requests for water, generators and support personnel.
    • Nearly 500 missions are being facilitated by the State Emergency Response Team to assist counties in their preparation efforts. These missions accomplish vital tasks like prestaging response resources, protecting critical infrastructure facilities like hospitals and utility stations, and coordinating personnel statewide.
    • The Florida State Guard (FSG) has prepared the following:
      • 250+ Soldiers ready to deploy.
      • 10 shallow water vessel boat teams
      • 7 flat-bottom-flood rescue skiffs
      • 2 amphibious rescue vehicles
      • 12 UTV’s
      • 15 Cut and toss crews
      • 7 search and rescue teams
      • 1 UH-60 Blackhawk for daytime aerial assessment and logistics missions
    • The Florida Department of Law Enforcement (FDLE) is making plans to ensure continuity of operations in several critical areas including Missing Endangered Persons Information Clearinghouse and the Watch Desk.
    • FDLE logistics teams are moving and staging assets.
    • FDLE is identifying squads for deployment and staffing for local emergency operations centers.
    • FDLE’s mutual aid team is at the State Emergency Operations Center coordinating law enforcement missions.
    • The Florida Fish and Wildlife Conservation Commission (FWC) has readied high-water vehicles and all other storm response resources statewide so they may be rapidly deployed to assist Floridians in need in the event of damage or flooding.
    • The FWC is fully integrated into the State Emergency Operations Center, and local FWC law enforcement representatives are coordinating closely with county and city emergency operations centers.
    • FWC officers are ready to deploy and respond with a variety of specialized equipment as necessary, such as:
      • Airboats
      • Shallow draft boats
      • ATVs/Side-by-sides
      • Larger platform vessels
      • Four-wheel vehicles
    • FWC Special Operations Group (SOG) teams will serve as reconnaissance units for the State EOC and report on damage after the storm has made landfall.
    • FWC Aviation Section has been placed on standby and has readied all appropriate aircraft for potential deployment for EOC aerial assistance, reconnaissance, and post-storm damage assessments when needed.
    • The Florida Department of Corrections (FDC) is monitoring the storm and preparing mitigation measures, including:
      • Mobilizing evacuation assets
      • Locating areas of evacuation
      • Establishing liaisons in our local county and municipal EOCs for storm assistance
    • The Florida Department of Juvenile Justice (DJJ) offices and facilities are finalizing storm preparations to ensure the safety and security of staff and youth.
      • These actions include fueling all vehicles, moving vehicles in low-lying and flood-prone areas to higher ground, testing and ensuring adequate fuel supplies for generators in the event of loss of power, and ensuring food, medicine, and emergency supplies are stocked and ready.
    • The Florida Department of State has been monitoring the storm for potential impacts and making preparations to secure historical properties.
    • The Florida Department of State, Division of Elections has been monitoring the storm and has been providing updates and information to Supervisors of Elections about potential impacts and resources available to their offices.
    • All Florida Department of Transportation (FDOT)  7 Districts, Central Office, and FDOT’s Turnpike Enterprise initiated statewide internal preparedness conference calls beginning Monday, September 23, which continue daily.
    • FDOT continues close coordination with State EOC officials and partners.
      • FDOT team members have begun staffing the State EOC.
      • Responding to county requests for personnel and assets.
    • FDOT Statewide Preparedness Efforts Include:
      • 667 team members working in offices, and EOCs conducting pre-storm preparations.
      • 490 team members working in the field conducting pre-storm preparations.
      • 193 pieces of heavy equipment being used for pre-storm preparations.
      • 164 team members staged for cut and toss operations
      • 90 bridge inspectors staged for deployment
      • 28 team members staged for UAV (drone) deployment
      • 20 large pumps staged
      • 634 generators staged to assist with traffic signal power
      • 4 ITS trailers staged.
      • Clearing shoulders in preparation for potential Emergency Should Use (ESU).
      • Currently analyzing flooding vulnerabilities for major roadways and bridges.
      • Inspecting and clearing drainage systems, monitoring flood-prone and currently saturated areas, and pre-positioning pumps as appropriate.
      • Securing high mast lighting, maintenance yards, active construction projects, rest areas/welcome centers, service plazas, and weigh stations.
        • Howard Frankland Bridge barges and cranes anticipated to be fully secured by Wednesday, 9/25
      • Replenishing fuel reserves, checking generator readiness, and pre-positioning assets as appropriate.
      • Completing repairs on malfunctioning vehicles and equipment in preparation for deployment.
      • Initiated communication with modal partners – seaports, airports, railroads, transit, and spaceports. All partners are currently in monitoring posture.
      • Staging ITS trailers, as well as drone teams and equipment are being prepped and ready to deploy as needed.
    • FDOT encourages drivers to download the FL511 app or visit FL511.com for road/bridge closures and potential detours that may be activated. Remember to always follow the direction of local law enforcement and emergency personnel.
      • Seaports are open and preparing for storm.
      • Airports are open and monitoring the storm.
      • Railroads are open and monitoring the storm.
      • Transit agencies are open and monitoring the storm.
      • Spaceport partners are open and monitoring the storm.
    • The Florida Department of Veterans’ Affairs (FDVA) has alerted the home administrators of its nine State Veterans’ Homes of the approach of the coming storm. They are implementing their hurricane preparation checklists.
    • FDVA’s facilities have main generators in case of loss of power.
    • FDVA is in contact with the U.S. Department of Veterans Affairs leadership in Florida to coordinate potential clinic closure announcements.
    • Volunteer Florida has begun the following preparation efforts:
      • Daily Coordination calls with Florida Voluntary Organizations Active in Disasters (VOAD);
      • Identifying partner capabilities, needs and gaps;
      • Ongoing coordination efforts with Community Emergency Response Teams (CERT); and
      • Identifying pre-staging locations of flood/cleanup kits, hygiene kits and tools.
      • Key Messaging to Partners:
        • Emphasizing the importance of “Cash, Confirm, Connect” strategy.
        • Promoting volunteer opportunities through Volunteer Connect.
        • Encouraging documentation of all donated resources and Volunteer hours.
        • Current rate of volunteer hours in the state of Florida is $31.61.
    • Florida Department of Management Services (FDMS) are working to identify potential evacuation shelter sites for special needs and pet friendly evacuees as far east as Lake City and west as Panama City.
    • FDMS identified a specific location to land helicopters and staff to potentially COOP from the EOC to Escambia County
    • FDMS is making early preparations with their vendors and have commenced for commodities as well as services.

    Health and Human Services

    • The Agency for Persons with Disabilities (APD) is hosting calls with regional leadership and partners to provide storm information and determine any anticipated unmet needs.
    • APD is preparing policy documentation for anticipated storm event actions and providing regional staff with curfew letters for providers in potential counties with issued curfews.
    • The Florida Department of Health’s (DOH) Office of Communications is distributing information on social media platforms regarding emergency health topics, including flood water safety, special needs shelters, boil water notices and more.
    • DOH and the Office of Insurance Regulation (OIR) sent information regarding early prescription refills permitted under Executive Order 24-209. This information was sent to the public, health insurers, managed care organizations, pharmacy benefit managers, pharmacy chains and health care providers.
    • DOH is deploying over 130 emergency response vehicles. Staging is currently in Leon and Osceola counties.
    • The Pinellas County WIC office will close at 12:00 p.m. on 09/24/2024 and plan to re-open on 09/26/2024.
    • DOH’s Healthy Start program is reaching out to coalitions and providers located in areas of potential impact to ensure continuity of care for clients. Additionally, Healthy Start is alerting clients of potential weather impacts and connecting them to resources.
    • DOH’s Bureau of Women, Infant and Children (WIC) is alerting coordinators in areas of potential impact and preparing for remote operations, if needed.
    • DOH’s Bureau of Childcare Food is alerting providers in areas of potential impact and having them prepare for grab-and-go meals for clients post-landfall.
    • The Agency for Health Care Administration (AHCA) has been in communication with health care facilities as they are evaluating any potential evacuation plans.
    • AHCA will hold and participate in provider calls for TS9 preparation ahead of landfall. As of 10am today there are 4 facilities (3 ALFs and 1 nursing home) reporting that they are evacuating.
    • E-PLUS update:
      • 34 of the 41 (83%) counties in the EO have access to E-PLUS
      • Outreach is being conducted for counties with no access
      • Monitoring of the system will ramp up today
      • ENS Subscribers were notified of Special Needs Shelters Encounters that they may receive

    Infrastructure, Roads and State Closures

    • The Florida Highway Patrol (FHP) is Relocating FHP command bus from Jacksonville to Washington County for staging for post-landfall use due to the State EOC possibly being in the storm’s path.
    • Communication established with Troop Commander’s in the potential impacted areas.
    • FHP is staffing ESF-16 with four (4) sworn members and one (1) non-sworn member effective today 7:00 a.m.
    • FHP high-water rescue vehicles are prepared for use.
    • FHP is preparing high-water rescue vehicles.
    • Florida Highway Patrol’s Quick Reaction Force teams consisting of more than 120 members statewide stand ready to provide immediate response.
    • FHP remains in close communication with law enforcement and transportation partners and stands ready to assist with any potential impacts across the state.
    • FLHSMV issued Emergency Order 24-05, which: waives specific requirements for commercial motor vehicles providing emergency relief; and waives the replacement fees for driver’s license and identification credentials, vehicle registrations and titles, vessel registrations and titles and temporary parking permits for impacted individuals.
    • The Department of Children and Families (DCF) is preparing for Tropical Storm Helene and has secured supplies should the Hope Bus need to be deployed.
    • DCF is working with the Community-Based Care Lead Agencies to contact foster families and group home providers to ensure preparedness.
    • The State Mental Health Treatment Facilities have activated their disaster preparation plans and are assessing facility readiness.
    • DCF has begun contacting adult protective services clients to assess any needs and to ensure they have a plan in place.
    • DCF has begun contacting Continuums of Care, licensed child care facilities, and licensed Substance Use Disorder treatment facilities to ensure they are prepared.
    • DCF’s behavioral health staff and the Managing Entities stand ready to deploy behavioral health resources, as needed.
    • Through ESF 6, DCF is making preliminary preparations for staffing shelters, delivering emergency supplies, and directing generators to critical human services infrastructure.
    • The Department of Elder Affairs (DOEA) contacted all our Area Agencies on Aging partners and received the following updates:
    • Elder Options (PSA 3)
      • Staff have initiated call-downs to clients to assess their needs.
      • Providers have ordered emergency meals in case meal sites close.
      • You Thrive Florida meal sites in Hernando, Lake, and Sumter counties will be closed on Thursday and Friday, and clients will receive shelf-stable meals.
    • ElderSource (PSA 4) 
      • Staff have initiated call-downs to clients to assess their needs.
      • Area Agency on Aging of Pasco-Pinellas, Inc. (PSA 5)
      • Staff have initiated call-downs to clients to assess their needs.
      • Clients who require assistance with registering for the special needs registry are receiving assistance.
    • Senior Connection Center (PSA 6) 
      • Staff have initiated call-downs to clients to assess their needs.
      • Shelf-stable meals are being provided to individuals who express a need in case meal delivery services are disrupted later this week.
    • Area Agency on Aging for Southwest Florida, Inc. (PSA 8) 
      • Staff have initiated call-downs to clients to assess their needs.
    • The Florida Department of Education (FDOE) is contacting all school districts to assess needs in preparation for Tropical Storm Helene. For more information on school closures, visit https://www.fldoe.org/em-response/storm-info.stml.
    • The Florida Department of Environmental Protection (DEP) is working with Florida’s Water/Wastewater Agency Response Network, the Florida Rural Water Association and other response agencies to ensure preparations are underway to support drinking and wastewater facilities ahead of the anticipated heavy rains.
    • All significant hazardous waste facilities in potentially affected counties are being notified to ensure all pre-storm preparations are being made.
    • DEP has completed pre-storm beach surveys in all shoreline counties and staff are beginning to develop their post-storm response plan.
    • Florida’s water management districts are engaging to engage local governments and drainage operators throughout the state and are available to provide technical and other support, including deploying temporary pumps to alleviate localized flooding. As part of standard operations, DEP and Florida’s water management districts continue to monitor water systems and river levels as the storm’ develops.
    • DEP published a storm updates webpage to keep state park visitors updated of closures: FloridaStateParks.org/StormUpdates. Visitors with existing camping and cabin reservations at closed parks have been notified of their reservation status.

    Resources for Employees, Businesses and Consumer

    • The Florida Department of Business and Professional Regulation (DBPR) has organized Emergency Response Teams across 13 offices statewide, who are ready to deploy once it is safe to complete damage assessments and disaster inspections of licensed establishments.
    • DBPR has begun preparing personnel and securing and preparing fleet and resources ahead of potential impacts. DBPR is positioned to initiate continuity of operations protocols in all offices statewide.
    • Today, DBPR has proactively communicated with more than 137,000 restaurant and lodging licensees to provide storm preparation and food safety resources.
    • DBPR encourages Florida’s licensed contractors who provide post-storm construction-related services to register with its Florida Disaster Contractors Network at DCNOnline.org.
    • FloridaCommerce is communicating and coordinating with private sector partners, encouraging them to review their emergency plans for their businesses and prepare their employees in advance of the weather event.
    • Updates on business closures and business resources are consistently being updated at FloridaDisaster.biz/CurrentDisasterUpdates.
    • CareerSource Florida hosted a call with 21 Local Workforce Development Boards and 38 Community Action Agencies across the state to prepare teams to assist local employees and employers after the weather event. To find your local career center visit careersourceflorida.com.
    • FloridaCommerce is working with private sector partner, the Florida Restaurant and Lodging Association, to assist with sheltering needs in advance of the storm.
    • The Florida Department of Agriculture and Consumer Services (FDACS) is coordinating with Florida’s ports and fuel industry partners to ensure adequate fuel supplies are available across Florida, as well as with Florida’s agricultural partners to ensure producers have adequate resources and support.
    • The Florida Forest Service is staging equipment, like high-water vehicles, to support recovery operations.
    • The Insurance Commissioner Yaworsky of the Office of Insurance Regulation (OIR) has begun calling property and casualty insurance companies with consumers in the projected path of Tropical Storm Helene and directed insurers to be prepared to implement their disaster claims-handling procedures and be able to provide prompt and efficient claims-handling service to impacted policyholders.
    • Insurers have been put on notice that the OIR is monitoring for appropriate and timely claims handling, and reminded of OIR’s fine authority for noncompliance.
    • The OIR, in coordination with the Florida Department of Health (DOH), sent information regarding early prescription refills permitted under Executive Order 24-208. This information was sent to the public, health insurers, managed care organizations, pharmacy benefit managers, pharmacy chains, and health care providers.
    • The OIR’s IMT has been activated.

    Follow FDEM on X, Instagram, and Facebook for updates and visit FloridaDisaster.org/Updates for information relating to Tropical Storm Helene.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Senate and House Democratic Members to Attend Workers’ Rights Press Conference

    Source: US State of Georgia

    ATLANTA (September 24, 2024) — On Wednesday, September 25, at 1:00 p.m., members of the Senate and House Democratic Caucuses will attend the Workers’ Rights Press Conference at the Amazon ATL6 Warehouse.

    EVENT DETAILS:                      

    • Date: Wednesday, September 25, 2024
    • Time: 1:00 p.m.
    • Location: Amazon ATL6 Warehouse, 4200 N Commerce Drive, East Point, GA 30344
    • This event is open to the public.

    ABOUT THE MEETING:         

    Sen. Nan Orrock (D–Atlanta) and Rep. Kim Schofield (D–Atlanta) will be speaking at the event and addressing the concerns raised regarding Amazon’s treatment of employees. The Amazon ATL6 facility has faced allegations of Unfair Labor Practices, such as harassment, threats and intimidation of workers, which some believe may be aimed at discouraging organizing efforts. This summer, the National Labor Relations Board (NLRB) filed complaints against Amazon, alleging instances of worker interrogation, surveillance, and retaliation related to their collective activities. Additionally, the Occupational Safety and Health Administration (OSHA) has conducted multiple inspections of the ATL6 facility due to health and safety concerns.

    MEDIA OPPORTUNITIES:

    We kindly request that members of the media confirm their attendance in advance by contacting Jantz Womack at SenatePressInquiries@senate.ga.gov.

    # # # #

    Sen. Nan Orrock serves as the Democratic Caucus Secretary. She represents the 36th Senate District which includes portions of Fulton County. She may be reached at 404.463.8054 or by email at nan.orrock@senate.ga.gov.

    Sen. Sonya Halpern serves as Vice Chair of the Senate Democratic Caucus. She represents the 39th Senate District which includes neighborhoods across the five cities of Atlanta, College Park, City of South Fulton, East Point and Union City, all in Fulton County. She can be reached at 404.656.9644 or at sonya.halpern@senate.ga.gov

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Banks Probes Air Force’s Race, Sex Quotas for Officer Applicants

    Source: United States House of Representatives – Congressman Jim Banks (IN-03)

    Today, Rep. Jim Banks (IN-03), Chairman of the House Armed Services Military Personnel Subcommittee announced his probe into the U.S. Air Force’s apparent use of race and sex-based quotas for its officer applicant pool. Find a copy of Chairman Banks’ letter to Assistant Secretary of the Air Force for Manpower and Reserve Affairs Alex Wagner here.

    Said Rep. Banks: “The Biden-Harris DOD’s use of race and sex based quotas is un-American and it should be illegal. It is difficult to understand how the Air Force could aim to cut recruiting of Americans who don’t check the right demographic boxes during the worst recruiting crisis in the history of the All-Volunteer Force. Republicans must work to put merit back at the center of our armed services. It is the right thing to do and it is the only way we will be able to compete with Communist China.”  

    Rep. Banks submitted amendments to the 2025 NDAA to end affirmative action at service academies and prohibit the consideration of race in military accessions.

    The full text of the letter is below:

    Dear Mr. Wagner,

    I’m writing to you regarding the United States Air Force’s apparent use of race and sex quotas for its officer applicant pool.

    On August 9, 2022, the office of the Secretary of the Air Force (SECAF) sent a memorandum titled “Officer Source of Commission Applicant Pool Goals.” The memorandum sets race and sex quotas, referred to as “Diversity & Inclusion goals,” for commissioned officer applicants to the Air Force at a proportion of 64 percent male and 36 percent female,  67.5 percent white, 15 percent Hispanic, 10 percent Asian, 14 percent African American, 1.5 percent American Indian/Native Alaskan, and 1 percent Native Hawaiian/Other Pacific Islander, and directs Air Force leadership to develop a plan to reach these goals within 30 days.

    Air Force documents from 2023 recently obtained by the Daily Caller News Foundation (DCNF) show that, in response to the August 2022 memorandum, the Air Force developed even more granular race and gender quotas. For example, a slide that was presented to the SECAF as part of its “Office Accession Applicant Pool Goals D&I Outreach Plan” includes a graph that shows white male ROTC officer applicants declining from about sixty percent in 2019 to a goal of approximately 43% by fiscal year 2029.

    Internal Air Force email correspondence obtained by the DCNF suggest that you personally advocated for presenting the SECAF with a specific timeline for implementing these quotas. An email relaying your feedback on the draft “Applicant Pool Goals D&I Outreach Plan” slide deck reads: “Mr. Wagner would like to know specifically and what we are doing for and the timeline to meet goals for each specific demographic, for example, black males, white females, etc.” Another email shows that efforts were made to delay the briefing “to give us more time to meet Mr. Wagner’s intent.”

    At a 2023 House Armed Services Committee Military Personnel Subcommittee hearing, I asked you if you would personally commit to opposing any effort to promote or recruit servicemembers based on their race or gender. You responded that, “I will commit to you to do everything possible to reach the broadest segment of America, whether it means increasing the number of women in our force or people of color, and I commit to you that we will continue those efforts, to have a more diverse force.”

    Please respond to the following questions no later than October 20, 2024:

    1. How does reducing the proportion of white male ROTC applicants by seventeen percent in ten years compatible with your stated goal of “reach[ing] the broadest segment of America”?
    2. Why would the Air Force advocate for reduced recruiting of certain demographics while it struggled to meet its recruiting goals?
    3. What is the difference between the “Diversity & Inclusion goals” you set and race and gender quotas?
    4. Do you believe that race- and sex-based discrimination should be tolerated within the United States Air Force?


     Sincerely,

    MIL OSI USA News –

  • MIL-OSI Video: European Commission President Ursula von der LEYEN in NY for the United Nations General Assembly

    Source: European Commission (video statements)

    Carbon-pricing event co-hosted with Justin TRUDEAU, Prime Minister of Canada Prime Minister
    Welcoming words by Catherine STEWART, Ambassador of Canada for Climate change
    Speech by Justin TRUDEAU, Canadian Prime Minister
    Speech by Ursula VON DER LEYEN, President of the European Commission

    Sound as received!

    Watch on the Audiovisual Portal of the European Commission:

    Subscribe to our channel: https://bit.ly/2X56Ju6

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=Bnzw3bTMabg

    MIL OSI Video –

  • MIL-OSI USA: Congressman Moran Receives Guardian of Small Business Award from National Federation of Independent Business

    Source: United States House of Representatives – Congressman Nathaniel Moran (TX-01)

    Washington, D.C. ­– Congressman Nathaniel Moran (R-TX-01) received the Guardian of Small Business Award from the National Federation of Independent Business (NFIB) for his efforts to support small businesses in East Texas and across the country. Congressman Moran received an 100% score from NFIB for his voting record in Congress on issues that impact small businesses.

    “I’m grateful to receive the NFIB Guardian of Small Business Award,” said Congressman Moran. “As a former small business owner, it’s a privilege to promote the right to own, operate, and help grow East Texas small businesses. I look forward to continuing the fight to protect Main Street businesses.”

    “The NFIB Guardian of Small Business Award is presented to Members of Congress with a demonstrated record of supporting America’s small and independent business owners,” said NFIB President Brad Close. “This Congress, small businesses faced tough economic headwinds, especially from inflation, labor shortages, and tax pressures at all levels of the government. We are proud to recognize the lawmakers from the 118th Congress who stood up for Main Street by taking pro-small business votes that would reduce taxes, eliminate burdensome government mandates, lower health insurance costs, and fuel the Main Street economy.”

    ###

    MIL OSI USA News –

  • MIL-OSI Africa: Secretary-General’s remarks at the Sustainable Development Goals (SDGs) Moment Event [bilingual, as delivered; scroll down for all-English and all-French]

    Source: United Nations – English

    xcellencies, dear friends,  

    The Sustainable Development Goals represent a bold vision: a commitment to a better, healthier, safer and more prosperous and sustainable future.   

    But the Goals are facing massive headwinds.

    More than 4 out of 5 SDG targets are off track.

    On top of the impacts from a global pandemic, many countries are being crushed by massive debt burdens, limited liquidity and sky-high borrowing costs.

    Conflicts, hunger, inequalities and the climate crisis are all intensifying.

    And the global financial architecture is not providing developing countries with sufficient financing and liquidity or to act as an effective safety net for all.

    The world has the wealth, the technology, and the know-how to achieve the SDGs.

    Last September’s SDG Summit included consensus around an SDG Stimulus of at least $500 billion per year in financing for developing countries — and the need for global financial architecture reform.

    It highlighted key transitions to generate maximum progress — ending hunger, expanding renewable energy, digitalization, education, social protection and decent work, and ending the triple planetary crisis of climate change, pollution and biodiversity loss.

    It also underscored the vital importance of ensuring that women, girls and young people are at the decision-making table.   

    Today, you will hear from leaders about their countries’ progress across all these areas — leaders determined to make changes, even in the face of great odds.

    And we will celebrate some milestones at the global level.

    From reducing child mortality rates…to preventing new HIV infections…to increasing access to renewable energy and broadband …to greater gender parity across education systems.

    As we reflect on next steps, I urge focus on the three development drivers that can accelerate progress.

    The first is finance. 

    Crushing debt and inefficient tax systems are starving investments in health, education and food in many developing countries.

    The Pact for the Future includes support for the SDG Stimulus and global financial architecture reform to help ease the debt crisis of so many developing countries.

    This includes multiplying the lending capacity of Multilateral Development Banks to provide more resources for climate action and sustainable development, and changing their business model to leverage massive amounts of private finance.  

    As we look towards next year’s Summits on Social Development and Financing, I urge all countries to double down on these reform efforts.

    The second development driver is climate action.

    I urge countries to put forward ambitious national climate action plans that align with the 1.5 degree limit, and cover the whole economy and all sectors.

    This requires aligning national energy strategies with a 1.5-degree world, ending fossil fuel subsidies and putting a price on carbon.

    It is time for a rapid and just phase-out of fossil fuels, and a rapid and smart scale-up of renewables to drive sustainable development, energy security and economic prosperity.

    We must fairly and sustainably meet the global demand for critical minerals that can power the renewables revolution. And the Panel on Critical Energy Transition Minerals has provided recommendations to do this.

    Protecting development gains from climate upheaval is also critical.

    We need new and generous contributions to the Loss and Damage Fund.

    We need developed countries honouring their commitment to double adaptation funding by 2025.

    And we need governments to agree on a significant new climate finance goal at COP29, including new and innovative sources of finance.

    Le troisième facteur de développement, c’est la paix.

    Tous nos plans de développement sont rapidement anéantis par des conflits sans fin causant la mort, la destruction, la faim, les déplacements de populations et les violences basées sur le genre.

    Et les ressources dont nous avons tant besoin pour nourrir et éduquer nos enfants et construire une planète durable pour notre jeunesse sont gaspillées en dépenses militaires.

    Nous avons besoin de paix – à Gaza, en Ukraine, au Soudan, et partout ailleurs.

    J’appelle les dirigeants du monde entier à surmonter les divisions, à mettre fin aux conflits, et à investir dans l’avenir de leurs populations et dans la paix.

    Chers amis,

    Dans un monde de richesses exceptionnelles, de connaissances et de technologies sans précédent, nous n’avons aucune excuse.

    Il est temps de tenir les promesses du Programme 2030 – de mettre fin à la pauvreté, de protéger la planète, et de ne laisser personne de côté.  

    Gardons les Objectifs de développement durable en vie.

    Je vous remercie.

    ***
    [all-English]

    Excellencies, dear friends,

    The Sustainable Development Goals represent a bold vision: a commitment to a better, healthier, safer and more prosperous and sustainable future.   

    But the Goals are facing massive headwinds.

    More than 4 out of 5 SDG targets are off track.

    On top of the impacts from a global pandemic, many countries are being crushed by massive debt burdens, limited liquidity and sky-high borrowing costs.

    Conflicts, hunger, inequalities and the climate crisis are all intensifying.

    And the global financial architecture is not providing developing countries with sufficient financing and liquidity or to act as an effective safety net for all.

    The world has the wealth, the technology, and the know-how to achieve the SDGs.

    Last September’s SDG Summit included consensus around an SDG Stimulus of at least $500 billion per year in financing for developing countries — and the need for global financial architecture reform.

    It highlighted key transitions to generate maximum progress — ending hunger, expanding renewable energy, digitalization, education, social protection and decent work, and ending the triple planetary crisis of climate change, pollution and biodiversity loss.

    It also underscored the vital importance of ensuring that women, girls and young people are at the decision-making table.   

    Today, you will hear from leaders about their countries’ progress across all these areas — leaders determined to make changes, even in the face of great odds.

    And we will celebrate some milestones at the global level.

    From reducing child mortality rates…to preventing new HIV infections…to increasing access to renewable energy and broadband …to greater gender parity across education systems.

    As we reflect on next steps, I urge focus on the three development drivers that can accelerate progress.

    The first is finance. 

    Crushing debt and inefficient tax systems are starving investments in health, education and food in many developing countries.
       
    The Pact for the Future includes support for the SDG Stimulus and global financial architecture reform to help ease the debt crisis of so many developing countries.

    This includes multiplying the lending capacity of Multilateral Development Banks to provide more resources for climate action and sustainable development, and changing their business model to leverage massive amounts of private finance.  

    As we look towards next year’s Summits on Social Development and Financing, I urge all countries to double down on these reform efforts.

    The second development driver is climate action.

    I urge countries to put forward ambitious national climate action plans that align with the 1.5 degree limit, and cover the whole economy and all sectors.

    This requires aligning national energy strategies with a 1.5-degree world, ending fossil fuel subsidies and putting a price on carbon.

    It is time for a rapid and just phase-out of fossil fuels, and a rapid and smart scale-up of renewables to drive sustainable development, energy security and economic prosperity.

    We must fairly and sustainably meet the global demand for critical minerals that can power the renewables revolution. And the Panel on Critical Energy Transition Minerals has provided recommendations to do this.

    Protecting development gains from climate upheaval is also critical.

    We need new and generous contributions to the Loss and Damage Fund.

    We need developed countries honouring their commitment to double adaptation funding by 2025.

    And we need governments to agree on a significant new climate finance goal at COP29, including new and innovative sources of finance.

    And the third development driver is peace.

    All our development plans are quickly erased by relentless conflicts that cause death, destruction, hunger, displacement and gender-based violence.

    And the resources we desperately need to feed and educate our children and build a sustainable planet for our young people are wasted on military expenditures.

    We need peace — from Gaza to Ukraine to Sudan and beyond.

    I call on global leaders to heal divisions, end conflicts, and invest in people and peace.

    Dear friends,

    In our world of unprecedented wealth, knowledge and technologies, there is no excuse.

    It’s time to keep the promises of the 2030 Agenda for Sustainable Development to end poverty, protect the planet, and leave no one behind.  

    Let’s keep the SDG commitment alive.

    Thank you.

    ***
    [all-French]

    Excellences, Chers amis,

    Les objectifs de développement durable incarnent une vision audacieuse. Ils constituent un engagement en faveur d’un avenir meilleur, plus sain, plus sûr, plus prospère et plus durable.

    Mais les vents contraires sont nombreux.

    Nous sommes mal partis pour atteindre plus de quatre sur cinq de toutes les cibles associées aux objectifs de développement durable.

    Outre les conséquences d’une pandémie mondiale auxquelles ils doivent faire face, de nombreux pays sont écrasés par un endettement massif, des liquidités limitées et des coûts d’emprunt très élevés.

    Les conflits, la faim, les inégalités et la crise climatique s’intensifient.

    En outre, l’architecture financière mondiale ne permet pas aux pays en développement de pouvoir compter sur suffisamment de financements et de liquidités et ne leur offre pas un filet de sécurité efficace pour tous.

    Le monde a pourtant les richesses, les technologies et le savoir-faire qu’il faut pour atteindre les objectifs de développement durable.

    Au mois de septembre dernier, le Sommet sur les objectifs de développement durable a permis de dégager un consensus autour d’un plan de relance des objectifs de développement durable, prévoyant des financements d’au moins 500 milliards de dollars par an pour les pays en développement – et de s’accorder sur le fait qu’il est nécessaire de réformer l’architecture financière mondiale.

    L’accent a été mis sur les transitions clés qui permettront d’accomplir un maximum de progrès dans toute une série de domaines : élimination de la faim, développement des énergies renouvelables, numérisation, éducation, protection sociale et travail décent, ainsi que de mettre fin à la triple crise planétaire, à savoir les changements climatiques, la pollution et l’appauvrissement de la biodiversité.

    Il a également été souligné qu’il était crucial de veiller à ce que les femmes, les filles et les jeunes aient leur place à la table des décisions.

    Aujourd’hui, vous entendrez des dirigeants et dirigeantes parler des progrès réalisés par leur pays dans tous ces domaines. Ils sont déterminés à faire bouger les lignes, en dépit des difficultés énormes auxquelles ils heurtent.

    Et nous célébrerons des réussites phares à l’échelle planétaire : depuis la réduction des taux de mortalité infantile jusqu’à l’amélioration de la prévention des nouvelles infections par le VIH, en passant par l’élargissement de l’accès aux énergies renouvelables et de l’accès au haut débit et par l’amélioration de la parité entre les femmes et les hommes dans les systèmes éducatifs.

    Alors que nous réfléchissons aux prochaines étapes, je vous invite à vous concentrer sur les trois moteurs du développement qui pourraient permettre d’accélérer le rythme des progrès.

    Tout d’abord, les financements.

    Dans de nombreux pays en développement, les investissements dans les domaines de la santé, de l’éducation et de l’alimentation sont exsangues à cause du niveau écrasant de la dette et de l’inefficacité des systèmes fiscaux.

    Dans le Pacte pour l’avenir, il est prévu d’appuyer le plan de relance des objectifs de développement durable et la réforme de l’architecture financière mondiale afin d’atténuer la crise de la dette que traversent de trop nombreux pays en développement.

    Il s’agit notamment de multiplier la capacité de prêt des banques multilatérales de développement afin de dégager davantage de ressources pour l’action climatique et le développement durable, et de modifier leur modèle de fonctionnement afin de mobiliser en masse des financements privés.

    Les Sommets sur le développement social et le financement auront lieu l’an prochain, et j’invite tous les pays à redoubler d’efforts pour faire avancer la réforme dans cette perspective.

    Le deuxième moteur du développement, c’est l’action climatique.

    J’invite les pays à adopter des plans d’action nationaux pour le climat qui soient ambitieux, en ne dépassant pas la limite des 1,5 degré, et en couvrant l’ensemble de l’économie et tous les secteurs.

    Il faudra pour cela aligner les stratégies énergétiques nationales sur l’objectif d’une élévation de la température mondiale ne dépassant pas les 1,5 degré, mettre fin aux subventions aux combustibles fossiles et fixer un prix pour le carbone.

    L’heure est venue d’éliminer progressivement mais rapidement les combustibles fossiles, au terme d’une transition équitable, et d’augmenter rapidement, avec discernement, les énergies renouvelables pour favoriser le développement durable, la sécurité énergétique et la prospérité économique.

    Nous devons répondre d’une manière juste et durable à la demande mondiale en minéraux essentiels, qui ont le potentiel de porter la révolution des énergies renouvelables. Et le Groupe chargé de la question des minéraux essentiels à la transition énergétique a formulé des recommandations à cette fin.

    Il est également essentiel de protéger les acquis du développement face aux bouleversements climatiques.

    Il faut par ailleurs que de nouvelles et généreuses contributions soient versées au Fonds pour les pertes et les préjudices.

    Les pays développés doivent honorer l’engagement qu’ils ont pris de doubler le financement de l’adaptation d’ici à 2025.

    Et il faut que les gouvernements se mettent d’accord sur un nouvel objectif ambitieux en ce qui concerne le financement de l’action climatique lors de la vingt-neuvième session de la Conférence des Parties à la Convention-cadre des Nations Unies sur les changements climatiques, y compris au sujet des sources de financement nouvelles ou novatrices.

    Le troisième facteur de développement, c’est la paix.

    Tous nos plans de développement sont rapidement anéantis par des conflits sans fin causant la mort, la destruction, la faim, les déplacements de populations et les violences basées sur le genre.

    Et les ressources dont nous avons tant besoin pour nourrir et éduquer nos enfants et construire une planète durable pour notre jeunesse sont gaspillées en dépenses militaires.

    Nous avons besoin de paix – à Gaza, en Ukraine, au Soudan, et partout ailleurs.

    J’appelle les dirigeants du monde entier à surmonter les divisions, à mettre fin aux conflits, et à investir dans l’avenir de leurs populations et dans la paix.

    Chers amis,

    Dans un monde de richesses exceptionnelles, de connaissances et de technologies sans précédent, nous n’avons aucune excuse.

    Il est temps de tenir les promesses du Programme 2030 – de mettre fin à la pauvreté, de protéger la planète, et de ne laisser personne de côté.

    Gardons les objectifs de développement durable en vie.

    Je vous remercie.
    ***

    MIL OSI Africa –

  • MIL-OSI Economics: Microsoft expands its Global Engineering Development Center’s footprint to the UAE’s capital, Abu Dhabi

    Source: Microsoft

    Headline: Microsoft expands its Global Engineering Development Center’s footprint to the UAE’s capital, Abu Dhabi

    The Development Center will support world-class engineering talent in developing cutting-edge solutions that drive innovation and deliver lasting global impact

    ABU DHABI, United Arab Emirates — Sept. 24, 2024 — Microsoft Corp. on Tuesday announced it is expanding its Global Engineering Development Center footprint to the UAE. A new development center, which will be established in Abu Dhabi, is Microsoft’s first engineering center to be launched in the Arab world, joining the company’s global portfolio of development centers across key strategic locations around the world.

    Microsoft’s Engineering Development Center in Abu Dhabi will be part of a global ecosystem of centers dedicated to the creation of AI innovations, cloud technologies and advanced cybersecurity solutions. The engineering teams at the center will create cutting-edge solutions that will be part of Microsoft solutions globally.

    This announcement is the latest in a series of investments by Microsoft that further strengthens the UAE’s position as a global hub of tech innovation and talent. Microsoft’s strategic partnership with G42 has been instrumental in establishing a thriving local technological ecosystem, and the new Microsoft Engineering Development Center will build on these efforts by not only creating cutting-edge technologies in the region but also attracting top tech talent from around the world to develop tailored solutions that tackle pressing challenges in critical industries globally.

    His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, said, “As a hub of innovation, Abu Dhabi is well-positioned to lead global efforts in AI, championing transformative solutions that benefit both people and the planet. Abu Dhabi’s advanced digital and physical infrastructure, combined with the UAE’s strategic location at the heart of the world, allows us to drive positive, far-reaching impacts across industries and societies alike.”

    Satya Nadella, Chairman and CEO, Microsoft, said, “We are committed to ensuring transformative technologies, like AI, benefit everyone broadly and create local opportunity. Our Engineering Development Center in Abu Dhabi will bring new talent to the region and help power innovation that will drive economic growth and job creation for both the UAE and the world.”

    Peng Xiao, Group CEO, G42, said, “The establishment of Microsoft’s Engineering Development Center in Abu Dhabi underscores the growing importance of the UAE as a hub for technological innovation. While G42 and Microsoft have worked together in the past to drive advancements in AI and cloud infrastructure, this new center will complement our collective efforts in building a more robust digital future for the region and beyond.”

    Samer Abu-Ltaif, Microsoft Corporate Vice President and President, Central and Eastern Europe, Middle East and Africa, said, “Today’s announcement reinforces our commitment to the region and our strategic partnership with the UAE. By empowering youth, collaborating with academia and fostering IP creation, we are unlocking the region’s potential. We are transitioning from consuming technology to contributing to its global creation. With a world-class Engineering Development Centre in Abu Dhabi, we drive innovation and support organizations worldwide to stay competitive in a digital world.”

    The Engineering Development Center in Abu Dhabi will also play a key role in advancing Microsoft’s efforts to upskill the regional workforce by empowering professionals already in the workforce as well as upcoming talent with the skills necessary to effectively leverage the latest advancements in cutting-edge technologies. This will be achieved through a series of collaborations with local universities, training centers and government initiatives, particularly in the fields of cloud computing, AI and cybersecurity. Microsoft’s efforts to invest in human capital and improve the employability of professionals, specifically in tech-driven sectors, are aligned with the diversification efforts of local governments and their ambitions to transition into a knowledge-based economy.

    Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

    For more information, press only:

    Microsoft Media Relations, WE Communications, (425) 638-7777, [email protected]

    Note to editors: For more information, news and perspectives from Microsoft, please visit Microsoft Source at https://news.microsoft.com/source. Web links, telephone numbers and titles were correct at time of publication but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at https://news.microsoft.com/microsoft-public-relations-contacts.

    MIL OSI Economics –

  • MIL-OSI Europe: G7 DFIs, MedAccess, EIB, and IFC Announce MoU for Surge Financing Initiative for Medical Countermeasures

    Source: European Investment Bank

    Today, participating G7 development finance institutions (DFIs), MedAccess, the European Investment Bank (EIB), and the International Finance Corporation (IFC) announced the signing of a memorandum of understanding (MoU) for the Surge Financing Initiative for Medical Countermeasures (MCMs). These DFIs are working closely with global and regional health organizations to establish the collaboration frameworks and innovative financing mechanisms needed to support a rapid and equitable pandemic response. Building on lessons from the COVID-19 pandemic, the initiative will focus on the procurement, production, and distribution of vaccines, therapeutics, diagnostics, and other MCMs for low- and lower-middle-income countries. The MoU builds on the Joint Statement of Collaboration announced at UNGA last year as well as the Chair Summary and Report that outlined collaboration and innovating financing options. This effort is a joint collaboration between participating G7 DFIs, MedAccess, EIB, and IFC, in accord with G7 Hiroshima Vision for Equitable Access to Medical Countermeasures launched at the 2023 Hiroshima Summit and reaffirmed at the 2024 Apulia Summit.

    The MoU was signed by the U.S. International Development Finance Corporation (DFC, USA), Cassa Depositi e Prestiti (CDP, Italy), British International Investment & MedAccess (UK), KfW & Germany’s Development Finance Institution DEG (Germany), AFD & Proparco (France), JICA (Japan), EIB (European Union), and IFC (World Bank Group). The MoU also has support from the Government of Canada and leading global and regional health organizations.  

    This work builds on ongoing collaboration across many DFIs on regional manufacturing in Africa. The ongoing Mpox public health emergency underscores the importance of this collaboration and need for surge financing. Leveraging this initiative, DFIs met with leading global health organizations including the World Health Organization, Africa Centres for Disease Control and Prevention (Africa CDC), Gavi, and the Coalition for Epidemic Preparedness Innovations (CEPI) on August 22, soon after Mpox was declared a public health emergency of international concern, to discuss response efforts and financing needs.

    “DFC is proud to support this first-of-its kind framework to ensure DFIs can act swiftly and cohesively to provide surge financing for life-saving products at the start of a health emergency. We expect to leverage this initiative for the Mpox response, working closely with our U.S. Government, development finance, and health partners More broadly, DFC’s investments in health services, supply chains, and technology all help bolster pandemic preparedness and health system resilience.” said DFC DCEO Nisha Biswal.

    “JICA believes this surge financing initiative will enhance coordination among development finance institutions and health organizations to achieve our commitment to work towards equitable access to safe, effective, quality-assured and affordable MCMs for health emergencies, which Japan announced as Chair of the 2023 G7 Summit in Hiroshima.   Leveraging this initiative and JICA’s own lessons learned from the COVID-19 pandemic, we will continue to support countries that have suffered from inequitable access to MCMs in the past,” said Chief Representative of JICA USA Office Satoko Tanaka.

    “IFC is proud to participate in this innovative framework to support medical countermeasure financing mechanisms, an important step for responding more effectively to future health crises. Collaboration between development finance institutions and global health partners is key to ensure coordinated efforts that strengthen healthcare systems and supply chains, enhancing pandemic preparedness.” said Vice President of Industries Mohamed Gouled.

    “DEG and KfW are committed to the UN Sustainable Development Goals, one of which is improving healthcare”, said Member of the DEG Management Board Monika Beck. “Therefore, we are delighted to support this initiative to provide financing for healthcare products during health emergencies, together with our trusted development finance partner institutions. We are convinced that it is essential to join forces to support improved access to critical health products when they are in short supply.”

    “Sustainable development is linked to equitable and rightful access to health and well-being. As CDP, we strongly support this initiative, which has been mentioned in the G7 Leaders’ final declaration last June at the Apulia Summit, that will foster the development of health systems across emerging economies, ensuring the foundation is laid for research, production, and distribution of essential medicines, diagnostic equipment, and vaccines. The COVID-19 pandemic underscored the critical need for every nation to be equipped with the tools to safeguard public health in times of crisis. Achieving the 2030 UN SDGs will require robust global collaboration, and we are proud to partner with G7 DFIs, the European Investment Bank, and the International Finance Corporation to help make this vision a reality.” said CDP Director of International Development Cooperation Paolo Lombardo.

    “The COVID-19 pandemic showed us the value of working together but also the need to coordinate our actions more closely,” said EIB Vice President Thomas Östros. “With joint efforts, we can multiply our impact and effectiveness, especially in meeting current challenges such as Mpox and in tackling future health emergencies. At the EIB, global health is a key priority, and we highly value this partnership.”

    “The MoU is an important step towards strengthening global health security and reducing the impact of future pandemics on vulnerable populations. This furthers our commitment, as the UK’s DFI, to invest in businesses that provide essential health services and products, including vaccines. It will ensure that future health crises can be mitigated to allow continued economic growth and social progress in low- and middle-income countries, said BII Chair Diana Layfield.

    “When critical health products are in short supply, fast and flexible capital can make the difference between life and death,“ said CEO of MedAccess Michael Anderson. “The COVID-19 pandemic showed how quickly global supply chains can grind to a halt when overwhelming demand meets scarce supply. This led to inequitable distribution of medical products, leaving millions of people at risk from the disease. Today’s announcement underlines our shared commitment to being prepared for future pandemics with the capital and financial tools to enable companies to meet large-scale, urgent demand for lifesaving products.”

    “A lesson learned from the COVID-19 crisis is that it is possible to mobilize significant public and private financial resources in turbulent times. Let’s use this experience of successful mobilization to anticipate effective pandemic preparedness. I believe this Memorandum of Understanding is one of the necessary steps towards better coordination among Public Development Banks to mobilize the private sector and demonstrates the catalytic power of joining forces for innovative financial instruments, as explored by Finance in Common and its Social Investment Coalition. Health is a common good, no one should be left behind in the face of a pandemic,” said Rémy Rioux, CEO of AFD Group (AFD, Proparco, and Expertise France) and Chairman of Finance in Common Summit in Paris.

    Background information

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It finances sound investment contributing to EU policy goals. The EIB’s activities focus on the following priority areas: climate and environment, development, innovation and skills, small and medium-sized businesses, infrastructure, and cohesion. The EIB works closely with other institutions and has provided total financing of more than € 42 billion for healthcare-related projects around the world since it started investing in the sector in 1997.  

    The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. 

    MIL OSI Europe News –

  • MIL-OSI Europe: Ukraine: EIB provides €50 million to help Kyiv replace Russian-made metro coaches with a modern fleet

    Source: European Investment Bank

    EIB

    • The EIB and Kyiv have signed a €50 million agreement to modernise the city’s metro rolling stock with energy-efficient coaches.
    • The investment will help the Kyiv metro end its dependence on Russian-made spare parts, ensuring more resilient and reliable transport – essential for keeping the capital moving for both business operations and residents in their daily lives.
    • The €50 million, supported by the EIB’s EU for Ukraine Fund, is part of a larger €200 million loan package approved by the EIB and available to Kyiv for metro infrastructure upgrades.

    The European Investment Bank (EIB) and the city of Kyiv have signed a €50 million loan agreement to finance the purchase of new metro coaches. This initiative aims to modernise Kyiv’s metro fleet and provide reliable transport for millions of the capital’s residents. The agreement was signed today at EIB headquarters in Luxembourg during a visit by a delegation from the Kyiv City State Administration.

    Before the war, 80% of Kyiv’s metro fleet came from Russian manufacturers, making ending this reliance a strategic priority. With over 60% of the fleet past its operational life, the new funding will allow outdated coaches to be replaced with modern, energy-efficient alternatives from local or international suppliers. This aligns with the Kyiv City Development Strategy 2025 and Ukraine’s National Transport Strategy 2030, aimed at building a more sustainable and reliable public transport system.

    The €50 million, supported by the EIB’s EU for Ukraine Fund, represents the first tranche of a €200 million loan made available by the Bank, with this initial amount being provided exclusively for the purchase of new metro coaches for Kyiv. The remaining €150 million will be provided following an EIB-funded feasibility study on the viability of buying further new coaches versus modernising some of the existing fleet. The total funding will enable Kyivskyi Metropoliten, the municipal enterprise that operates the Kyiv metro system, to upgrade or replace between 120 and 160 metro coaches, enhancing the city’s transport infrastructure.

    Mykola Povoroznyk, First Deputy Head of Kyiv City State Administration, said, “In the midst of this large-scale invasion, Kyiv continues to develop. All areas of the city’s economy have been reconfigured to work in wartime conditions. This is not only about ensuring stable operation, but also about spurring development with modern technology. Foreign donors also take an active role here. The EIB is a long-standing, reliable partner of Kyiv. The project to modernise the capital’s metro rolling stock is important for our city, and we are very grateful to the EIB for supporting its implementation. The Kyiv metro is one of the most popular modes of transport in the capital. Millions of passengers use it every day. That is why, first and foremost, the purchase of modern, energy-efficient metro coaches means making passenger transport safer, and making better use of funds from the Kyiv city budget for rolling stock. It’s an urgent and high-priority issue today, taking into account the war conditions in Ukraine.”

    EIB Vice-President Teresa Czerwińska, who is in charge of Bank’s operations in Ukraine, said, “The EIB is steadfast in its commitment to supporting Kyiv and cities throughout Ukraine as they modernise their infrastructure, particularly in the face of ongoing wartime challenges. The Kyiv metro is a critical transportation lifeline, and this investment will greatly improve its reliability and resilience. By reducing reliance on Russian-manufactured rolling stock, spare parts and maintenance equipment, this collaboration marks an essential step toward enhancing Ukraine’s independence and aligning its transport systems with European standards. Reliable connectivity is vital for the economic growth and the well-being of the city’s residents.”

    The EIB’s continuing support for Kyiv and Ukraine

    The EIB remains committed to its long-standing relationship with the Kyiv authorities and is working closely on urban transport projects supported by EIB loans. These initiatives aim to improve the capital’s public transport fleet, having already delivered 20 new low-floor trams to Kyiv, with additional modern buses, funicular carriages and metro coaches forthcoming.

    Since the onset of Russia’s war in Ukraine, the EIB has provided more than €2 billion of financing for emergency repairs to the country’s ravaged infrastructure. Through its EU for Ukraine (EU4U) Initiative, coupled with its key role in implementing the European Union’s €50 billion Ukraine Facility, the EIB is strongly committed to stepping up its activities in line with the mandate given by EU leaders and in close cooperation with the European Commission, the European Parliament, EU Member States and international partners.

    Background information 

    EIB Global is the EIB Group’s new specialised arm devoted to increasing the impact of international partnerships and development finance outside the European Union. It is designed to foster strong, focused partnership within Team Europe and as part of the EU Global Gateway strategy, alongside fellow development finance institutions and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices around the world. 

    The EU for Ukraine Fund (EU4U) was established in 2023 as part of a larger EU for Ukraine initiative. The fund aims to accelerate the support of EIB Global for Ukraine’s most urgent infrastructure needs and to help sustain the country’s economy. It supports critical recovery and reconstruction projects involving both the public and the private sectors and improves access to finance for entrepreneurs in Ukraine. To date, the fund has secured over €420 million in pledges from the Member States.

    Ukraine: EIB provides €50 million to help Kyiv replace Russian-made metro coaches with a modern fleet
    Ukraine: EIB provides €50 million to help Kyiv replace Russian-made metro coaches with a modern fleet
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    Ukraine: EIB provides €50 million to help Kyiv replace Russian-made metro coaches with a modern fleet
    Ukraine: EIB provides €50 million to help Kyiv replace Russian-made metro coaches with a modern fleet
    ©EIB
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    MIL OSI Europe News –

  • MIL-OSI Europe: European Union and Bill & Melinda Gates Foundation partner to expand contraceptive and health access for women in low- and middle-income countries.

    Source: European Investment Bank

    Today, on the sidelines of the UN General Assembly in New York, the European Union (EU) and the Bill & Melinda Gates Foundation announced they are developing new financing mechanisms to accelerate access to health products, including safe, effective and affordable contraceptive and maternal health medicines. These will allow more women living in low- and middle-income countries (LMICs) to better meet their needs.

    The announcement followed a meeting between Nadia Calvino, President of the European Investment Bank (EIB), Jutta Urpilainen, European Commissioner for International Partnerships and Bill Gates, co-chair of the Bill & Melinda Gates Foundation.

    One new mechanism under discussion is with the United Nations Population Fund (UNFPA), the UN’s sexual and reproductive health agency. This mechanism is expected to help reduce costs and address barriers so that more women can benefit from contraception and maternal health medicines. This will enable women to plan their families, leading to healthier women and children, as well as empowering local communities and economies. Access to safe, voluntary, family planning is a human right, which helps to lower maternal ill-health and the number of pregnancy-related deaths.

    Currently, UNFPA works with national governments to support low- and middle-income countries to access contraceptives and maternal health medicines but can only place orders to support national plans once they have contributions in the bank. This is despite more than 60% of donation commitments being multi-year. The new mechanism will be designed to frontload multi-year donor commitments, and enable advanced planning, visibility and commitments to low- and middle-income countries. It will enable broader and more sustainable access to family planning products for women.

    This financing mechanism is envisioned to be led by the EIB, backed by the European Commission. It will be supported by funding from the Bill & Melinda Gates Foundation to the UNFPA Supplies Partnership, to be delivered over five years.

    In addition, the EIB and the European Commission are developing new financial guarantees of up to €170m for gender and human development which will stipulate a certain volume of new products to be taken to market, incentivising investment to manufacture life-saving products at scale. This forms part of a broader partnership between the European Commission, European Investment Bank and the Bill & Melinda Gates Foundation to accelerate investments to improve health and nutrition in low- and middle-income countries, including through the Human Development Accelerator (HDX), a Global Gateway initiative.

    Globally, more than 257 million women and girls who want to avoid pregnancy are not using a modern contraceptive method[1]. Without additional resources, there could be a $1.5B funding gap by 2030 for contraceptive products in low- and middle-income countries. Currently, over 40% of low- and middle-income countries report that more than 4 in 10 service delivery points had stockouts, and countries face long waiting times for deliveries.

    “Every woman, everywhere, should have the right to plan a family, pursue an education, and follow her dreams,” said EIB President Nadia Calviño. “Safe and affordable contraception makes this possible.  We are proud to partner with the United Nations Population Fund, the European Commission and the Gates Foundation to reduce costs and barriers for women and make sure they are in the driving seat of their own lives.”

    Jutta Urpilainen, European Commissioner for International Partnerships, said: “Promoting gender equality is at the core of the EU’s external action. We are proud to invest in sexual and reproductive health products and services that empower women to reach their full potential, and contribute to building inclusive, prosperous communities.”

    Bill Gates, co-chair of the Bill & Melinda Gates Foundation, said, “Far too often, women in low- and middle-income countries don’t have the contraceptive choices they want, and there’s not enough being done to close that gap. The European Institutions’ leadership will make a huge difference in the lives of women and in the health of entire communities and countries—because when women can control their health and financial futures, everyone benefits.”

    Background information

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It is active in more than 160 countries and makes long-term finance available for sound investment in order to contribute towards EU policy goals.

    EIB Global is the EIB Group’s specialised arm dedicated to increasing the impact of international partnerships and development finance.  EIB Global is designed to foster strong, focused partnership within Team Europe, alongside fellow development finance institutions, and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices across the world. 

    Global Gateway

    Global Gateway is the European Union‘s initiative to unlock investments and boost global connectivity through sustainable infrastructure projects. Launched in 2021, it seeks to mobilise up to €300 billion by 2027 to finance programmes in strategic sectors such as digital technology, climate and energy, transport, health, education, and research. The initiative emphasises a values-driven approach, promoting environmental sustainability, social inclusion, and democratic governance while strengthening trade and development ties with partner countries.

    Bill & Melinda Gates Foundation

    Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Mark Suzman, under the direction of co-chairs Bill Gates and Melinda French Gates and the board of trustees.

    [1] https://www.unfpa.org/swp2022/challenges

    MIL OSI Europe News –

  • MIL-OSI Europe: European Union and Bill & Melinda Gates Foundation partner to expand contraceptive and health access for women in low- and middle-income countries.

    Source: European Investment Bank

    Today, on the sidelines of the UN General Assembly in New York, the European Union (EU) and the Bill & Melinda Gates Foundation announced they are developing new financing mechanisms to accelerate access to health products, including safe, effective and affordable contraceptive and maternal health medicines. These will allow more women living in low- and middle-income countries (LMICs) to better meet their needs.

    The announcement followed a meeting between Nadia Calvino, President of the European Investment Bank (EIB), Jutta Urpilainen, European Commissioner for International Partnerships and Bill Gates, co-chair of the Bill & Melinda Gates Foundation.

    One new mechanism under discussion is with the United Nations Population Fund (UNFPA), the UN’s sexual and reproductive health agency. This mechanism is expected to help reduce costs and address barriers so that more women can benefit from contraception and maternal health medicines. This will enable women to plan their families, leading to healthier women and children, as well as empowering local communities and economies. Access to safe, voluntary, family planning is a human right, which helps to lower maternal ill-health and the number of pregnancy-related deaths.

    Currently, UNFPA works with national governments to support low- and middle-income countries to access contraceptives and maternal health medicines but can only place orders to support national plans once they have contributions in the bank. This is despite more than 60% of donation commitments being multi-year. The new mechanism will be designed to frontload multi-year donor commitments, and enable advanced planning, visibility and commitments to low- and middle-income countries. It will enable broader and more sustainable access to family planning products for women.

    This financing mechanism is envisioned to be led by the EIB, backed by the European Commission. It will be supported by funding from the Bill & Melinda Gates Foundation to the UNFPA Supplies Partnership, to be delivered over five years.

    In addition, the EIB and the European Commission are developing new financial guarantees of up to €170m for gender and human development which will stipulate a certain volume of new products to be taken to market, incentivising investment to manufacture life-saving products at scale. This forms part of a broader partnership between the European Commission, European Investment Bank and the Bill & Melinda Gates Foundation to accelerate investments to improve health and nutrition in low- and middle-income countries, including through the Human Development Accelerator (HDX), a Global Gateway initiative.

    Globally, more than 257 million women and girls who want to avoid pregnancy are not using a modern contraceptive method[1]. Without additional resources, there could be a $1.5B funding gap by 2030 for contraceptive products in low- and middle-income countries. Currently, over 40% of low- and middle-income countries report that more than 4 in 10 service delivery points had stockouts, and countries face long waiting times for deliveries.

    “Every woman, everywhere, should have the right to plan a family, pursue an education, and follow her dreams,” said EIB President Nadia Calviño. “Safe and affordable contraception makes this possible.  We are proud to partner with the United Nations Population Fund, the European Commission and the Gates Foundation to reduce costs and barriers for women and make sure they are in the driving seat of their own lives.”

    Jutta Urpilainen, European Commissioner for International Partnerships, said: “Promoting gender equality is at the core of the EU’s external action. We are proud to invest in sexual and reproductive health products and services that empower women to reach their full potential, and contribute to building inclusive, prosperous communities.”

    Bill Gates, co-chair of the Bill & Melinda Gates Foundation, said, “Far too often, women in low- and middle-income countries don’t have the contraceptive choices they want, and there’s not enough being done to close that gap. The European Institutions’ leadership will make a huge difference in the lives of women and in the health of entire communities and countries—because when women can control their health and financial futures, everyone benefits.”

    Background information

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It is active in more than 160 countries and makes long-term finance available for sound investment in order to contribute towards EU policy goals.

    EIB Global is the EIB Group’s specialised arm dedicated to increasing the impact of international partnerships and development finance.  EIB Global is designed to foster strong, focused partnership within Team Europe, alongside fellow development finance institutions, and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices across the world. 

    Global Gateway

    Global Gateway is the European Union‘s initiative to unlock investments and boost global connectivity through sustainable infrastructure projects. Launched in 2021, it seeks to mobilise up to €300 billion by 2027 to finance programmes in strategic sectors such as digital technology, climate and energy, transport, health, education, and research. The initiative emphasises a values-driven approach, promoting environmental sustainability, social inclusion, and democratic governance while strengthening trade and development ties with partner countries.

    Bill & Melinda Gates Foundation

    Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Mark Suzman, under the direction of co-chairs Bill Gates and Melinda French Gates and the board of trustees.

    [1] https://www.unfpa.org/swp2022/challenges

    MIL OSI Europe News –

  • MIL-OSI USA: Attorney General Bonta Secures $7.7 Million Settlement with L.A. County-Based Healthcare Provider, Resolving Corporate Fraud Allegations

    Source: US State of California

    Tuesday, September 24, 2024

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    OAKLAND — California Attorney General Rob Bonta today announced a settlement with U.S. Healthworks (USHW), a nationwide chain of occupational and urgent care clinics. The $7.7 million settlement resolves allegations that USHW knowingly kept millions of dollars from the State of California in unclaimed property, in violation of the Unclaimed Property Law (UPL) and the California False Claims Act (CFCA). The unclaimed property in question included patient balances due to overpayment. As part of the settlement, USHW must hand over unclaimed property totaling $1.5 million to the State Controller’s Office.

    “When companies cheat the State of California, they cheat the people of California,” said Attorney General Bonta. “U.S. Healthworks knowingly and repeatedly chose not to comply with the law by retaining millions of dollars that did not rightfully belong to them. This $7.7 million settlement signals my office is vigorously committed to protecting California against corporate fraud and financial misconduct.”

    At times, urgent care centers carry patient balances due to overpayment. This happens when an insurance payment is more than was anticipated after patients pay out-of-pocket costs. While the urgent care should issue a refund in these situations, sometimes refund checks mailed to patients are returned or are never cashed.

    In March 2022, Attorney General Bonta filed a complaint alleging that USHW possessed unclaimed property as early as 2001, and did not file mandated reports with the State of California until 2018 after being notified of the Attorney General’s investigation.

    Under the UPL, all intangible property that remains unclaimed by the true owner for more than three years after it became payable or distributable must be reported and then remitted to the state. The UPL also mandates 12% interest per year on property that should have been reported or remitted to the state. The CFCA permits the Attorney General to bring a civil law enforcement action to recover treble damages and civil penalties against any person who knowingly makes or uses a false statement or document to either obtain money or property from the State or avoid paying or transmitting money or property to the State.

    Even when USHW filed reports with California, the company underreported the unclaimed property it held in 2018, 2019, 2020, and 2021. USHW violated the CFCA when it chose not to report its unclaimed property holdings, thereby knowingly concealing millions of dollars due to the State of California. Although USHW’s unreported property claims were repeatedly brought to management’s attention, management declined to comply and report the property to avoid an audit by state authorities. 

    A copy of the final judgment can be found here.

    # # #

    MIL OSI USA News –

  • MIL-OSI Russia: Financial news: On holding auctions on September 25, 2024 for the placement of OFZ issues No. 26247RMFS and No. 29025

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    For bidders

    We inform you that, based on the letter of the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market and Credit Market of Moscow Exchange PJSC, the order establishes the form, time, term and procedure for holding auctions for the placement and trading of the following federal loan bonds:

    1.

    Name of the Issuer Ministry of Finance of the Russian Federation
    Name of security federal loan bonds with constant coupon income
    State registration number of the issue 26247RMFS from 08.05.2024
    Date of the auction September 25, 2024
    Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price. BoardId: PACT (Settlements: Ruble)
    Trade code SU26247RMFS5
    ISIN code RU000A108EF8
    Calculation code B01
    Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
    Trading time Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

    2.

    Name of the Issuer Ministry of Finance of the Russian Federation
    Name of security federal loan bonds with variable coupon income
    State registration number of the issue 29025RMFS from 09/29/2023
    Date of the auction September 25, 2024
    Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price. BoardId: PACT (Settlements: Ruble)
    Trade code SU29025RMFS2
    ISIN code RU000A106Z61
    Calculation code B01
    Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
    Trading time Trading hours: bid collection period: 12:00 – 12:30; bid execution period: 13:00 – 18:00.

    Contact information for media 7 (495) 363-3232PR@moex.com

    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.

    https://www.moex.com/n73391

    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 Video: Israel on the Middle East – Security Council Media Stakeout | United Nations

    Source: United Nations (Video News)

    Remarks to the media by Danny Danon, Permanent Representative of Israel to the United Nations, on the situation in the Middle East.

    Speaking to reporter today (24 Sep), Israeli Ambassador Danny Danon said, “We will not let Iran’s terrorist cronies dictate the future of our nation. Israeli forces have taken necessary actions to protect our nation, following indications that Hezbollah was about to begin a massive attack against Israeli civilian population centres.”

    Ambassador Danon reiterated, “We will continue to degrade Hezbollah’s capabilities. We will continue to push Hezbollah terrorists back to the Litani River, and we will continue to work towards returning the people of the north to their homes.”

    Asked about shutting down Al Jazeera’s bureau in Ramallah in the West Bank, Ambassador Danon said, “Unfortunately, Al Jazeera was involved with incitement. We got the legal experts to gather the information, to evaluate it and to recommend that for 45 days, the activity of Al Jazeera will not be allowed. And we make a distinct line between reporting and inciting.”

    Asked about Lebanon, the Israeli Ambassador said, “We prefer diplomacy,” adding that “it’s not too late for the Lebanese government and the Lebanese people to put pressure on Hezbollah to stop their aggression. “

    “If they will not fire rockets into Israel, and we will be able to bring back our residents back to their communities. That’s it. You have no escalation,” he said.

    https://www.youtube.com/watch?v=OufdV1TF6O8

    MIL OSI Video –

  • MIL-OSI Banking: Basel Committee approves annual G-SIB assessment and advances follow-up response to 2023 banking turmoil

    Source: Bank for International Settlements

    • Discusses recent episodes of market and operational disruptions.
    • Basel Committee approves annual assessment exercise for global systemically important banks (G-SIBs).
    • Finalises analytical report on liquidity risk insights from the 2023 banking turmoil.

    The Basel Committee on Banking Supervision met virtually on 23–24 September to take stock of recent market developments and risks to the global banking system, and to discuss a range of policy and supervisory initiatives.

    Recent market developments

    Committee members discussed the spikes in market volatility in late July and early August. While the episodes were short-lived with no significant impact on the global banking system, they highlighted how the build-up of large, levered positions are prone to quick unwinding. They also underscored the importance of banks and supervisors continuing to vigilantly monitor and assess banks’ interconnections with non-bank financial intermediaries.

    The Committee also discussed the series of operational disruptions in July, which resulted in outages across numerous sectors, including some banks. These incidents highlighted the importance of banks’ operational resilience and management of third-party risks, and the systemic risks stemming from the reliance on the same third-party software or service. The Committee is currently consulting on proposed Principles for the sound management of third-party risk.

    Global systemically important banks

    The Committee approved the results of the end-2023 assessment exercise for G-SIBs. The results will be submitted to the Financial Stability Board before it publishes the 2024 list of G-SIBs. 

    2023 banking turmoil

    The Committee finalised an analytical progress report on the lessons learned from the 2023 banking turmoil. As requested by the Brazilian G20 Presidency, the report builds on the Committee’s initial report on the turmoil, with a particular focus on its follow-up analytical work on liquidity risk. The progress report will be submitted to G20 Finance Ministers and Central Bank Governors and published next month.

    The Committee also discussed progress on its work to strengthen supervisory effectiveness in the light of the lessons learned from last year’s turmoil by developing a suite of practical tools to support supervisors in their day-to-day work. This work covers the supervision of liquidity risk and interest rate risk in the banking book, the sustainability assessment of banks’ business models, and the importance of effective supervisory judgment.

    This forms part of a series of follow-up initiatives by the Committee to last year’s banking turmoil.

    Climate-related financial risks

    The Committee continued to review the comments received on its consultation proposing a Pillar 3 disclosure framework for climate-related financial risks.

    Note to editors

    The Basel Committee is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. The Committee reports to the Group of Central Bank Governors and Heads of Supervision and seeks its endorsement for major decisions. The Committee has no formal supranational authority, and its decisions have no legal force. Rather, the Committee relies on its members’ commitments to achieve its mandate. The Group of Central Bank Governors and Heads of Supervision is chaired by Tiff Macklem, Governor of the Bank of Canada. The Basel Committee is chaired by Erik Thedéen, Governor of Sveriges Riksbank. 

    More information about the Basel Committee is available here.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Norhana Endut: Opening remarks – workshop on navigating climate risk stress testing in Malaysia

    Source: Bank for International Settlements

    A very good morning to everyone. It is my great honour to welcome you to this workshop on “Navigating Climate Risk Stress Testing in Malaysia: Catalysing Dialogue and Charting the Course”, jointly organised by Bank Negara Malaysia (BNM) and the Joint Committee on Climate Change (JC3) Sub-Committee 1 Transition and Physical Risk Working Groups. This capacity building workshop brings together financial industry players and experts in related fields to share experiences, learn best practices and exchange ideas as we collectively prepare to conduct our first industry-wide climate risk stress test.

    We firmly believe that climate change is an immediate challenge that poses risks to our financial system. To this end, allow me to describe how the central bank is approaching financial regulation in this space. In Malaysia, we have taken steps to put in place the foundational components to improve the ability of financial institutions to identify, measure and manage climate-related financial risks. There are five key pieces to these foundational components.

    Firstly, a climate taxonomy establishes a consistent and common classification system for the identification of climate-related exposures. Second, mandatory climate disclosures by financial institutions will create an impetus for financial institutions to obtain information on their borrowers and investee firms. This, in turn, creates a virtuous cycle of informational flow. Third, regulatory standards on the management of climate-related risks set expectations for financial institutions to reflect these risks in their governance, strategy and risk practices. Fourth is a focus on transition planning. This is to ensure financial institutions set clear climate goals and concrete transition plans. With these building blocks in place, we are now in a good position for the fifth component, which is to accelerate industry capabilities via the conduct of the industry-wide climate risk stress test.

    Ladies and gentlemen,
    Allow me to shed more light on the motivation behind the implementation of the Climate Risk Stress Test. The exercise is primarily intended to enhance capacity building among financial institutions in assessing how their business and operations could be affected by climate risks. Throughout the journey of conducting the stress test, financial institutions will uncover gaps related to data, technology, and methodologies. This serves as a starting point for the institution to assess their internal capability and find ways to address these gaps. In other words, the climate stress test is a forward-looking tool to help financial institutions in identifying, measuring and mitigating their climate risk exposures.

    When designing this stress test for Malaysia, at Bank Negara Malaysia, we have strived to incorporate learnings from other jurisdictions, including adapting and incorporating several Malaysia’s specific elements in terms of its economic structure and financial system. We have also incorporated feedback from domestic industry players. In this regard, I would like to take this opportunity to extend Bank Negara Malaysia’s gratitude to many of you here who have provided invaluable feedback during the drafting of the Methodology Paper and reporting template. We truly appreciate the open and collaborative spirit extended by everyone, an approach that continues even up to today.

    Climate risk stress testing is still in its infancy globally. Therefore, we have strived to balance between pragmatism and accuracy when specifying our requirements. Where possible we have tried to work around data limitations, lack of technical expertise as well as under-developed modelling techniques. However, considerable challenges remain for financial institutions to successfully run this stress test. We will journey with you through these challenges. It is as much a learning experience for Bank Negara Malaysia as it is for all the financial institutions running the stress test. That is one of the reasons we are all here today at this workshop.

    I believe that together we can overcome many of the hurdles. Climate risk is a collective action problem. It may be in each individual’s best interests to act selfishly, regardless of what other individuals do. However, if all individuals act selfishly, then the outcome for everyone is worse than if we all cooperate. At the country level we see this playing out in global emissions reduction. A single small country may feel that spending money to cut emissions may do little for global climate change, and hence choose not to do so. However, such situation could lead to some other, or even all, countries, to opt not to cut emission, and thus, we will end up in a bad outcome globally and having the adverse impact of unattended climate risks being faced collectively.

    At the individual financial institution level, the development of new approaches and techniques for stress testing would be crucial for measuring the risk of climate change. However, if each entity chooses to keep their advancements proprietary, industry adoption will be slow. Collaboration and knowledge sharing is needed to scale solutions and reduce costs.

    Therefore, I am hoping that for the next few hours, we will all make a conscious choice to participate in these sessions with a generous heart and an open mind. I hope everyone will choose to collaborate rather than compete, to share rather than hoard. In this regard, I am encouraged by the collective efforts by the industry in undertaking capacity building initiatives to upskill the financial institutions and exploring potential solutions to bridge the data gaps. Commendable efforts by the JC3 Sub-Committee 1 and 4 in leading training initiatives and Sub-Committee 5 in producing and refining the Climate Data Catalogue exemplify this collaborative spirit.

    Ladies and gentlemen,
    Some of you have been asking, what’s next after this stress test? I’d like to address this in some detail.

    Important to note is that the climate stress test, or CRST for short, is not an end in itself. It should not be viewed as merely a regulatory compliance exercise. Although BNM does not intend for the results of the inaugural stress test to calibrate capital requirements, we do expect financial institutions to take this exercise seriously. I strongly advise financial institutions to already start planning for how the results of the stress test could be used to inform strategic planning and management decision making.

    CRST results are more than just numbers. They provide important insights into how climate risks could impact the business and operations of an institution. Hence, active engagement from senior management and the Board throughout the CRST journey – not just when the final results are available – will be crucial to the success of this first exercise. Financial institutions need adequate internal support to address the challenges they face, and this requires buy-in from the top throughout the stress test exercise.

    Additionally, as climate risks continue to evolve, we expect climate risk stress tests to be a recurring exercise moving forward. As such, it is imperative that financial institutions continuously invest in enhancing their stress test capabilities, particularly in areas such as data collection, methodology and model development. This ongoing refinement is essential to ensure that the CRST remains relevant and responsive to the ever-evolving nature of climate risks.

    Before I conclude, I want to emphasise the overarching objective of the Climate Risk Stress Test in safeguarding our financial system. Through CRST, we are not only strengthening our institutions’ resilience to climate-related risks but also building a solid foundation for long-term sustainability.

    This workshop today provides a great opportunity to kickstart meaningful conversations around CRST. The agenda has been carefully curated to promote deep learning and knowledge sharing, with a strong emphasis on practical applications and addressing real-world challenges in conducting the stress test. I encourage all participants to actively engage and share insights throughout the workshop.

    Let me end with the words of Sir David Attenborough “If working apart we are a force powerful enough to destabilise our planet, surely working together, we are powerful enough to save it.” I urge you to stay committed to this journey, continue collaborating, and share your experiences. While past and current actions and inactions created today’s climate problems, our generation must lead the way in fixing it for our children. I have every confidence in our sector’s ability to rise to this challenge and lead the way in building a climate-resilient financial system.

    With this, I wish you a productive workshop ahead. Thank you.

    MIL OSI Global Banks –

  • MIL-OSI New Zealand: Milestone for return of petroleum exploration

    Source: New Zealand Government

    Legislation reinstating offshore petroleum exploration has been introduced by the Coalition Government, a key step in addressing the significant energy security challenges felt by Kiwis across the country this winter.

    The Crown Minerals Amendment Bill reverses the ban on new oil and gas exploration beyond onshore Taranaki, signals the Government’s intent to reinvigorate investment in petroleum exploration, aligns decommissioning settings with best practice and provides certainty for potential investors.

    “This Bill delivers on commitments in both the National-NZ First and National-ACT coalition agreements and the Government’s promise to take urgent action to address energy security and affordability,” Resources Minister Shane Jones says.

    “Natural gas is critical to a secure and affordable supply of energy in New Zealand – now and into the future. Our gas fields are in decline and without further investment in existing and new fields to increase production, supply issues and high prices will persist when generation from our renewable energy sources is at capacity.

    “Limited gas supply doesn’t just make it more expensive to keep our lights on and our homes warm, it is squeezing our industrial users to the point that we are seeing production halting and large employers in regional New Zealand having to close their doors.

    “On top of removing the exploration ban, this legislation will better balance the regulatory burden, risk of decommissioning and give the regulator more flexibility in how exploration permits are issued, giving the sector confidence to get to work.

    “Our petroleum and mineral resources contribute billions of dollars to New Zealand’s GDP, create high-paying jobs and opportunities to develop skills and help to diversify regional economies. I’m not willing to let the significant benefits of this sector pass us by.” 

    A new tier of mineral permitting that will make it easier for people to undertake small-scale non-commercial gold mining activity is also introduced through the Bill.

    The Bill is expected to have its first reading this morning and will be referred to select committee with the aim of passing legislation by the end of this year. To achieve this, the select committee process will be undertaken in a condensed timeframe.

    For more information on the Bill, see 2024 Proposed amendments to the Crown Minerals Act 1991 | Ministry of Business, Innovation & Employment (mbie.govt.nz)

    MIL OSI New Zealand News –

  • MIL-OSI USA: Justice Department Sues Visa for Monopolizing Debit Markets

    Source: US State of North Dakota

    Visa’s Exclusionary and Anticompetitive Conduct Undermines Choice and Innovation in Payments and Imposes Enormous Costs on Consumers, Merchants, and the American Economy

    The Justice Department filed a civil antitrust lawsuit today against Visa for monopolization and other unlawful conduct in debit network markets in violation of Sections 1 and 2 of the Sherman Act.

    Filed in the U.S. District Court for the Southern District of New York, the complaint alleges that Visa illegally maintains a monopoly over debit network markets by using its dominance to thwart the growth of its existing competitors and prevent others from developing new and innovative alternatives.

    According to the complaint, more than 60% of debit transactions in the United States run on Visa’s debit network, allowing it to charge over $7 billion in fees each year for processing those transactions. The complaint further alleges that Visa illegally maintains its monopoly power by insulating itself from competition. For example, Visa wields its dominance, enormous scale, and centrality to the debit ecosystem to impose a web of exclusionary agreements on merchants and banks. These agreements penalize Visa’s customers who route transactions to a different debit network or alternative payment system. In so doing, the complaint alleges, Visa locks up debit volume, insulates itself from competition, and smothers smaller, lower-priced competitors. Visa also induces would-be competitors to become partners instead of entering the market as competitors by offering generous monetary incentives and threatening punitive additional fees. As the complaint alleges, Visa coopted the competition because it feared losing share, revenues, or being displaced by another debit network altogether.

    “We allege that Visa has unlawfully amassed the power to extract fees that far exceed what it could charge in a competitive market,” said Attorney General Merrick B. Garland. “Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service.  As a result, Visa’s unlawful conduct affects not just the price of one thing – but the price of nearly everything.”

    Debit transactions are an important and popular part of the U.S. financial system. Millions of Americans prefer or must use debit for online and in-person purchases. Visa dominates debit network markets that facilitate these transactions, charging significant fees and stifling competition in the process. Visa’s systematic efforts to limit competition for debit transactions have resulted in billions of dollars in additional fees imposed on American consumers and businesses and slowed innovation in the debit payments ecosystem. Through this lawsuit, the Justice Department seeks to restore competition to this vital market on behalf of the American public.

    “Anticompetitive conduct by corporations like Visa leaves the American people and our entire economy worse off,” said Principal Deputy Associate Attorney General Benjamin C. Mizer. “Today’s action against Visa reminds those who would stifle competition rather than competing on price or investing in innovation that the Justice Department will never hesitate to enforce the law on behalf of the American people.”

    “Visa fears competition and innovation, and instead chooses unlawful cooperation and monopolization,” said Principal Deputy Assistant Attorney General Doha Mekki of the Justice Department’s Antitrust Division. “Visa abuses its power over its customers and buys off would-be rivals at the expense of American consumers, merchants, banks, and the competitive process itself. Today’s lawsuit holds Visa accountable for its conduct in a market that forms the backbone of American commerce.”

    Visa maintains enormous scale on both sides of the debit market — with merchants and their banks and with consumers and their banks — and the complaint alleges that Visa’s exclusionary practices extend, deepen, and protect what it refers to as an “enormous moat” around its business. When faced with the possibility that smaller debit networks or new technology entrants would threaten that position, Visa engaged in a deliberate and reinforcing course of conduct to cut off competition and prevent rivals from gaining the scale, share, and data necessary to compete for customers’ business:

    • Smaller Debit Networks: Visa uses leverage based on the large number of transactions that must run over Visa’s payment rails to impose expansive volume commitments on merchants and their banks, as well as on financial institutions that issue debit cards. These agreements are priced so that, unless all or nearly all debit volume runs over Visa’s payment rails, large disloyalty penalties can be imposed on all Visa transactions. Merchants cannot afford to use Visa’s smaller competitors for transactions where options do exist, even when those competitors offer lower per-transaction prices.
    • Tech Entrants: As Visa’s internal documents make clear, Visa feared that some technology companies and fintech startups with “network ambitions” would cut Visa out as the middleman between merchants, consumers, and their banks by offering a better or cheaper payment product. Visa aimed to stop that development by entering into agreements to pay potential competitors to partner instead of innovating. As Visa’s then-CFO put it: “Everybody is a friend and partner. Nobody is a competitor.”

    In 2020, the Justice Department filed a civil antitrust lawsuit to stop Visa from acquiring Plaid, a technology company that powers fintech apps developing disruptive options for online debit payments. The companies abandoned their planned $5.3 billion merger.

    Visa Inc. is a Delaware corporation headquartered in San Francisco. Visa has a global operating income of $18.8 billion and an operating margin of 64% in 2022. North America is among Visa’s most profitable regions with 2022 operating margins of 83%. Visa charges roughly $8 billion in network fees on U.S. debit volume annually. Globally, Visa processes $12.3 trillion in total payment volume.

    MIL OSI USA News –

  • MIL-OSI Translation: 24/09/2024 Varsovia Council of Ministers – aid for flood victims

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    The government meeting took place today in a unique format. In the public part of the meeting, the ministers presented reports on the activities of their ministries in connection with the flood. El primer minister Donald Tusk announced that this formula will be in force during the next government meetings. Later in the meeting, the Council of Ministers adopted a draft act amending the Act on special solutions related to removing the effects of floods. Tomorrow the government will present information on its activities in the Sejm. In the afternoon, the head of government went to a meeting of the crisis staff in Wrocław. Concrete actions Today’s government meeting was devoted to the situation in southwestern Poland after the flood. In the public part, Prime Minister Donald Tusk asked ministers to present the activities of their ministries and propose specific solutions. “My intention is that each government meeting – in this dramatic time of flood and post-flood reconstruction – should begin with a specific report that should reach people immediately,” explained the head of government. The second part of the meeting of the Council of Ministers was devoted to the draft act amending the act on special solutions related to removing the effects of floods. “Para bromear 100 pages of amendments that will improve the existing law; they will make assistance easier and more flexible,” announced Donald Tusk. The government will be able to secure – together with European funds – up to PLN 23 billion for the “Reconstruction Plus” program. “It was very important for us to provide financing for aid and then reconstruction for the coming months and years – because some projects will last for many years,” the Prime Minister said. The government remains directly involved in supervising activities in the areas affected by the disaster – a meeting of the crisis staff will be held in Wrocław this afternoon. Los dos ministros se multiplican Internal Affairs and Administration The first information during the meeting of the Council of Ministers was presented by the Minister of Internal Affairs and Administration. Tomasz Siemoniak emphasized that the State Fire Service and the army are currently focusing on two goals. The first is to ensure safety in connection with the peak wave on the Odra River. “We are moving forces and resources, moving helicopters and various types of equipment, so that we have forces and resources in all places of danger – especially backwaters, seepage through embankments or water pouring through embankments in some places” – reported the head of the Ministry of Interior and Administration. The second priority is to support residents in restoring normal functioning in the affected municipalities. “Here we do not reduce our commitment in any way. As for the forces of the Ministry of Interior and Administration, the Bromear couple approximately 25,000. professional firefighters, volunteer firefighters and policemen,” said Tomasz Siemoniak. The police continue to ensure the safety of residents of flooded areas, including: guarding their property against looters, running mobile posts and providing psychological support. The Central Office for Combating Cybercrime is also carrying out intensified activities. It focuses primarily on the fight against disinformation and the practice of conducting false collections. “I am asking you to follow our announcements carefully. Please check carefully whether this is a fake collection. This is what we are trying to eliminate,” the Minister of Interior and Administration emphasized the importance of the problem. The Ministry of Interior and Administration cooperates with voivodes in the field of paying benefits to the injured. Nearly 20,000 families have already received such support. The aid is also organized by the Government Agency of Strategic Reserves, which has released funds in the amount of PLN 12 million and provides, among others, temporary housing. Ministrosdos of National Defense Prime Minister of National Defense Władysław Kosiniak-Kamysz reminded that from the very beginning, all the armed forces of the Republic of Poland were involved in the fight against the flood: land forces, air forces, navy, special forces and Territorial Defense Forces. “The lines of effort of the army: help and evacuation of the population, taking care of life and health – the most important thing is para bromear. The second thing is securing the embankments, strengthening them as the wave moves. The third issue is the tidying up of the area – matters related to cleaning, unblocking communication routes,” the Minister of National Defense listed the activities of the services subordinated to him. The army also got involved, among others: in the organization of the field hospital in Nysa and the disinfection process.  On Monday, September 23, the Feniks military operation began. “We immediately launched another operation – Operation Phoenix, aimed at reconstruction, returning to normality. In fact, it is about raising the level of reconstruction to an even better infrastructure than what was destroyed,” announced the head of the Ministry of Defense. The operation is scheduled at least until the end of the year. Soldiers will be present in areas at risk and affected by flooding until the effects of the flood are removed. The cost of Operation Feniks is estimated at approximately PLN 175 million. Our NATO and EU partners offer their help, for example by sending engineering teams to rebuild roads and bridges. “Para bromear is an expression of solidarity that Poland has always shown to countries in need,” noted the Minister of National Defense. El primer ministro Donald Tusk thanked for the information about offers of international assistance. “Good comes back in different situations, in different forms. We helped the Turks, we helped the Swedes not so long ago… The Greeks, of course, with forest fires. Today, the Swedes are sending us dehumidifiers, the Turks and Germans want to build bridges…” Poland will definitely benefit from the offer of help wherever it is useful. Ministrosdos of Digitization Primer Ministro y Ministro of Digitization Krzysztof Gawkowski presented, among others: actions his ministry took to launch satellite communications. 160 Starlink terminals were handed over to the State Fire Service, and 70 terminales – to the Police. The Ministry of Digitization also cooperates with mobile network operators to provide residents of disaster-affected areas with access to mobile networks. “We have gone from several tens of thousands of people cut off from the mobile network to less than a thousand” – político Krzysztof Gawkowski. Audit activities were commissioned to develop solutions that will avoid disconnection in similar situations in the future. The ministry cooperates with the Police in the fight against disinformation. Recently, increased hostile actions have been recorded on the Russian and Belarusian sides. 80-90% of this false content is removed as soon as it appears. Another important action is to launch flood alerts in the MObywatel application. Thanks to this, residents of individual voivodeships can quickly obtain information about the situation in the region. Citizens are also provided with information by the government-created website podz2024.gov.pl. Together with Prime Minister Donald Tusk, the Minister of Digitization decided to donate 16,000 laptops to the affected areas to be used by children. Ministrosdos Infraestructura El ministro Dariusz Klimczak announced that all roads in Lower Silesia have already been made passable. The situation is worse in the Opole Voivodeship. The head of the ministry reported, among others, from activities aimed at rebuilding the bridge in Głuchołazy. The section of the Kłodzko Główny – Kłodzko Miasto railway route is still impassable.  “We anticipate that we will clear traffic on this section by September 30,” Dariusz Klimczak reported the good news. The railway organizes detours on some sections. We appeal to travelers to
    analyze the information provided by carriers. The head of the Ministry of Infrastructure provided detailed data on alarm and warning states, meteorological and hydrological warnings and the condition of reservoirs. He paid particular attention to hydrological warnings against third-degree floods for the Lubusz, West Pomeranian, Lower Silesian and Greater Poland voivodeships. Ministrosdos of Finance El ministro Andrzej Domański reminded that his ministry had secured PLN 2 billion in the state budget for the implementation of the most urgent aid tasks related to combating the effects of the flood and was working to increase this amount.  “We regularly issue decisions activating funds for voivodes, including the payment of flood benefits. We are also working together with the local government to provide direct assistance to the affected municipalities. We have, among other things, funds at our disposal from the reserve in the amount of PLN 738 million. The decision on the division of this reserve will be made together with the local government,” said Andrzej Domański. They can count on support, among others: borrowers whose mortgage obligation will be taken over by the state for 12 months, as well as entrepreneurs – it is possible, for example, to apply for a waiver of tax liabilities. Ministros dos Funds and Regional Policy The Ministry of Funds and Regional Policy, in accordance with the Prime Minister’s instructions, carried out a comprehensive review of the Cohesion Funds.  “Up to several billion zlotys can be transferred for reconstruction and resilience purposes,” informed Minister Katarzyna Pełczyńska-Nałęcz. The ministry she manages is creating a new priority within the Cohesion Funds. Dedicated to Bromea Sobre rebuilding in flooded areas and at the same time building resilience to such events. “These will be funds for energy infrastructure, water and sewage infrastructure, road infrastructure, but also funds for private beneficiaries, supporting budget funds for the reconstruction of houses that were destroyed during the flood,” said the Minister of Funds and Regional Policy. The process of redirecting funds is consulted with local government officials from flood regions. Ministry of Climate and Environment Led by Minister Paulina Hennig-Kloska, the ministry clima observes, among others, the situation of environmental infrastructure and the state of groundwater. The State Geological Service has introduced a state of hydrogeological threat for the period from September 17 to 30 for the Lower Silesian and Opole voivodeships and the southern parts of the Lubuskie and Greater Poland voivodeships. The Ministry of Climate and Environment directed resources and forces to post-flood areas, thanks to which the number of households without access to electricity significantly decreased.  “1,738 customers remain without electricity. At its peak there were almost 80,000 households. The biggest problem in this respect is still the Lower Silesian Voivodeship,” said Paulina Hennig-Kloska. At the request of the Ministry of Climate and Environment, the Council of Ministers adopted an amendment to the regulation on the state of natural disaster, which is intended to facilitate the removal of waste from areas affected by flooding. The ministry also launched subsidies for local governments for the purchase of, among others, aggregates, pump, dryers. Ministry of Family, Labor and Social Policy Agnieszka Dziemianowicz-Bąk, the Minister of Family, Labor and Social Policy, reminded what the activities of her ministry focus on. “While the ministries and services directly involved in the fight against the element are putting a stop to it, we at the Ministry of Family, Labor and Social Policy have been looking from the very beginning where the wave is already receding, where the water is receding and where the people of the flooded areas need immediate, urgent social assistance and financial assistance” – emphasized Agnieszka Dziemianowicz-Bąk. The total funds paid for these benefits are 100 million 409 thousand. PLN. This number is still growing. The Ministry of Family, Labor and Social Policy has facilitated access to aid by simplifying the form for flood victims. The application may be submitted orally, and the entire procedure works according to the so-called one window. Social workers often come to injured people themselves.  El primer ministro Donald Tusk thanked Minister Agnieszka Dziemianowicz-Bąk for the initiative to introduce paid leave for those who clean the homes of their loved ones. “A couple of pretty obvious help. Everyone who gets involved and devotes their time, is not at work, but helps their loved ones and family in drying, cleaning, pumping water, etc., will be able to count on state support,” assured the Prime Minister. A provision on this form of assistance will be included in the draft bill developed by the government. Minister of Health Izabela Leszczyna announced that the main task of her ministry is to provide residents of flooded areas with access to medical services. Ministrosdos has launched 3 hotlines. “One, the general one, where the patient can find out where the nearest clinic is, where the nearest pharmacy that has not been flooded is; where to go for help. And two more hotlines that concern people in mental health crisis – separately for adults and separately for children and adolescents,” explained Izabela Leszczyna. Psychological and psychiatric help also reaches flood victims through the mobile center. The Minister of Health thanked the employees of all hospitals and clinics who are showing great commitment during the crisis. The hospital in Nysa is at the stage of drying and disinfection. “There is great determination of the employees of the local community, the starosta of Nysa, to open this hospital. Both the Ministry of Health and the National Health Fund absolutely support these efforts,” emphasized the head of the ministry. The State Sanitary Inspection focuses on collecting water samples, conducting laboratory tests and issuing disinfectants.  Anyone can call the district sanitary and epidemiological station to ask for water testing or help with disinfection. Minister of Agriculture and Rural Development Adam Nowak, Deputy Minister of Agriculture and Rural Development, informed that according to data collected by the Restructuring Agency, 4,318 farmers who had a registered farm number were affected by the flood. “In accordance with the Prime Minister’s instruction to ensure that this assistance is quick and well-addressed, the first program will be support of approximately PLN 5,000 for a hectare of field containing unharvested agricultural produce, unharvested cereals – mainly corn, partly also soybeans, corn, potatoes and sugar beets” – Adam Nowak presented one of the proposals to help farmers. The ministry will also support farmers, among others: ensuring the possibility of remission of rents for arable land, exemption and remission of social security contributions in KRUS, and compensation for cereals and other agricultural produce that came into contact with flood waters. Another solution is quick advance payments for direct payments to farmers from flood-affected areas. The Minister of Agriculture, Czesław Siekierski, requested the European Commission to activate the crisis reserve at the disposal of the Commissioner for Agriculture, and also asked voivodes for support in initiating the work of estimating commissions.  Ministrosdos of National Education Thanks to the determination of school principals and teachers, currently only 63 institutions have suspended classes. Remote teaching is conducted in 9 schools.  “In no case is the safety of the educational course of children and young people at risk at this time. All exams and all activities will take place as planned,” assured Barbara Nowacka, the Minister of National Education. Affected schools have formal and legal options to organize classes in other places. The Ministry of Education has prepared a number of supports for those affected. “To meet
    the needs reported by teachers and parents, we organize green schools for children from flood areas. There is a special website at zielonaszkoly.gov.pl with a 24-hour hotline where you can report schools that need help and appropriate assistance. Currently, nearly 850 people have registered – students from schools in flood areas – and are ready to leave,” said Barbara Nowacka. The Ministry plans to extend the program until the holidays. There is a special telephone line of the Ministry of National Education for psychological support. More than 40 psychologists provide assistance around the clock. The ministry, headed by Barbara Nowacka, also coordinates the “Schools for Schools” project, under which willing school communities in the country can support students and institutions from flood-affected areas.  Ministros dos Sportu i Turystyki El Ministro Sportu i Turystyki Sławomir Nitras presented information on the forms of support prepared by his ministry. The Ministry will allocate funds for the reconstruction of sports infrastructure, especially school facilities, as well as public and tourist facilities – tourist trails and parks. 50 millones de was secured to support tourist institutions and enterprises that suffered losses due to the cancellation of their stay or the impossibility of carrying it out. “We have secured 2 million PLN in the tourist budget for a program to promote Lower Silesia as a safe place for organizing tourism,” declared Sławomir Nitras. The resort will also support sports clubs.  The government’s plans for the coming days. Today, the Prime Minister will take part in a meeting of the crisis staff in Wrocław. During Wednesday’s session of the Sejm, the government will present information on actions in the flood-affected areas. On Thursday, the first reading of the special act that was discussed by the Council of Ministers should take place in the Sejm. . So I am asking for full mobilization,” the Prime Minister asked the politicians. The head of government thanked the heads of ministries for urgently preparing legislative projects and announced the next meeting of the Council of Ministers, which will be held next Saturday.

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI Translation: 24/09/2024 Communication of the Ministry of National Defense

    MIL AXIS Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    Comunicado lun24/09/2024The Council of Ministers adopted a draft act amending certain acts in order to support entrepreneurs employing Territorial Defense soldiers or Active Reserve soldiers, submitted by the Minister of National Defense.

    The draft law introduces tax preferences for entrepreneurs who employ soldiers of the Territorial Defense and Active Reserve. Business owners who apply for a public contract – for the implementation of which they employ the above-mentioned military – will also be able to take advantage of preferential conditions. The idea is to increase the attractiveness of territorial military service, increase the number of soldiers in the Polish Armed Forces and reduce the burden on employers. Soldiers of the Territorial Defense (OT) and Active Reserve (AR) who are called to perform military service cannot perform duties under the employment relationship. A sudden call may affect the rhythm of the company’s work and constitute a burden for the employer. Preferences for entrepreneurs may encourage the employment of OT and AR soldiers. Key solutions An entrepreneur who employs Territorial Defense or Active Reserve soldiers may take advantage of a tax relief. The tax relief applies to every employed OT or AR soldier. Its amount depends on the number and period of employment of soldiers. If a soldier has been in continuous service for 1 year, the employer may deduct PLN 12,000 from the tax base. The amount of the relief increases with each year of continuous service by the soldier. The maximum relief is PLN 24,000 if the length of service is 5 years.

    The possibility of deducting the tax relief will be valid until 2026.

    An entrepreneur who applies for a public procurement contract and will employ OT and/or AR soldiers for its implementation will be able to benefit from preferential treatment. This applies to public procurement contracts below the EU threshold (below PLN 25,680,260 in the case of construction works and PLN 663,105 in the case of supplies and services). The employment of OT and AR soldiers will be treated as a “quality criterion” that will apply in organizational units subordinate to and supervised by the Minister of National Defense. The value of this criterion will not be lower than 10%.

    The current severance pay paid to an employee who was called up for territorial military service will be replaced by an initial benefit. The initial benefit will be paid by the military unit. This will relieve employers who will not have to pay the severance pay and then apply for its refund. The benefit will be due after the soldier completes basic training. It will amount to 50% of the average salary in the second quarter of the previous year. In the second quarter of 2023, the average salary was PLN 7,005.76, so the benefit will amount to PLN 3,502.88. It will be exempt from personal income tax.

    The new regulations are to enter into force after 14 days from the date of publication in the Journal of Laws.

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI Translation: 24/09/2024 October Offer of Savings Treasury Bonds

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    The terms of the issue of State Treasury savings bonds in OctoberIn October, the interest rate on 1-year variable-rate bonds will be 5.75%, and on 2-year bonds 5.90%, in the first monthly interest period.The interest rate on 3-month fixed-rate bonds will be 3.00% per annum, and on 3-year bonds 5.95%. The remaining bonds, in the first annual interest period, will bear interest of 6.30% for 4-year bonds and 6.55% for 10-year bonds, respectively.6- and 12-year family bonds intended for beneficiaries of the “Family 800 plus” program will bear interest of 6.50% and 6.80%, respectively, in the first year.We have also left the margins for bonds unchanged.The interest rate on 1-year and 2-year bonds changes monthly. It is calculated as the sum of the National Bank of Poland reference rate and the margin, which remains unchanged and amounts to 0.00% for 1-year bonds and 0.15% for 2-year bonds in the case of instruments offered in October. The interest rate on 4-year bonds changes every year and is calculated based on the sum of the inflation index from the last 12 months and an unchanged margin of 1.50%. The same interest rate mechanism also applies to 10-year bonds, but in this case the margin remains unchanged at 2.00%. The preferential margins for family bonds, the interest rate of which is calculated according to the same principles as for 4- and 10-year bonds, also remain unchanged, and amount to 2.00% for 6-year bonds and 2.50% for summer bonds, respectively. All types of bonds can be purchased at PKO Bank Polski branches and Customer Service Points of the PKO Bank Polski Brokerage House and in the network of bond sales points of Bank Polska Kasa Opieki SA. Our bonds are also permanently available online at www.zakup.obligacjeskarbowe.pl and www.pekao.com.pl/obligacje-skarbowe and in the PeoPay mobile application. Detailed information about our current offer can be found at www.obligacjeskarbowe.pl

    In October, we left the interest rates on savings bonds and margins in subsequent interest periods unchanged, while maintaining preferences for the retail market over the wholesale market. Our bonds are a simple and intuitive product. An important feature of retail bonds that encourages people to buy them is the low entry threshold – PLN 100 is enough to start saving – this is the nominal value of one bond. By putting aside even small amounts every month, we are able to build a considerable capital for the future. The offer of savings bonds is diversified in terms of their redemption date, as well as the method of calculating and paying interest. Customers can therefore choose the type of bond that will best meet their needs in terms of safe building of savings.

    – comments Jurand Drop, Undersecretary of State at the Ministry of Finance. Since September 25, it has been possible to purchase a new issue of treasury bonds by way of exchange. Savings bonds in retail sales

    Type of bond

    Offer de Details (sale from October 1-31)

    Selling price

    OTS01253-monthly

    Three-month bonds are bonds with a fixed interest rate of 3.00% per annum. Interest is calculated on the value of PLN 100, and interest is paid after the end of saving (after three months from the date of purchase).

    PLN 100100.00 PLN when exchanging

    ROR10251-annual

    Annual bonds are variable-rate bonds. In the first month, the interest rate is 5.75% per annum. In subsequent monthly interest periods, the interest rate is equal to the NBP reference rate and a fixed margin of 0.00%. Interest is paid monthly.

    PLN 10099.90 PLN when exchanging

    DOR10262-year-old

    Two-year bonds are variable-rate bonds. In the first month, the interest rate is 5.90% per annum. In subsequent monthly interest periods, the interest rate is equal to the NBP reference rate and a fixed margin of 0.15%. Interest is paid monthly.

    100 PLN99.90 PLN when exchanging

    TOS10273-year-old

    Three-year bonds are bonds with a fixed interest rate of 5.95% per annum. In the first year, interest is calculated from the value of PLN 100, and in subsequent years from the value increased by the interest for the previous year (so-called capitalization of interest). Interest is paid after the savings have ended.

    100 PLN99.90 PLN when exchanging

    COI10284-year-old

    Four-year bonds are bonds that pay interest based on inflation.1 The interest rate in the first year of saving is 6.30%. In subsequent years, the interest rate is equal to inflation plus a fixed margin of 1.50%. Interest is paid after each year of saving.

    100 PLN99.90 PLN when exchanging

    EDO103410 summer

    Ten-year bonds are bonds whose interest rate is based on inflation1. The interest rate in the first year of saving is 6.55%. In subsequent years, the interest rate is equal to inflation and a fixed margin of 2.00%. In the first year, interest is calculated on the value of PLN 100, and in subsequent years on the value increased by the interest calculated for the previous year (so-called capitalization of interest). Interest is paid after the savings are completed.

    100 PLN99.90 PLN when exchanging

    ROS10306-year family obligation

    Family Six-Year Bonds are bonds intended for beneficiaries of the Family 800 program. Their interest rate is preferential in relation to the bond included in the standard offer and is based on inflation1. The interest rate in the first year of saving is 6.50%. In the following years, the interest rate is equal to inflation and a fixed margin of 2.00%. In the first year, interest is calculated from the value of PLN 100, and in the following years from the value increased by the interest calculated for the previous year (so-called capitalization of interest). Interest is paid after the savings are completed.

    100 PLN

    ROD103612 summer family obligation

    Family Twelve-Year Bonds are bonds intended for beneficiaries of the Family 800 program. Their interest rate is preferential in relation to the bond included in the standard offer and is based on inflation1. The interest rate in the first year of saving is 6.80%. In the following years, the interest rate is equal to inflation and a fixed margin of 2.50%. In the first year, interest is calculated from the value of PLN 100, and in the following years from the value increased by the interest calculated for the previous year (so-called capitalization of interest). Interest is paid after the savings are completed.

    100 PLN

    1 the rate of increase in the prices of consumer goods and services, adopted for 12 months and announced by the President of the Central Statistical Office in the month preceding the first month of a given interest period. How can I buy Treasury bonds? State Treasury bonds can be purchased: How to open an IKE-Bonds Account and an IKZE-Bonds Account IKE-Bonds Account and an IKZE-Bonds Account can be opened at any branch of PKO Bank Polski or POK of the PKO BP Brokerage House. You can also obtain remote access to your IKE- and IKZE-Bonds Account under the conditions specified in the “Regulations on the use of access to the Registered Account in the field of Treasury bonds via telephone or the Internet”.

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI Translation: 24/09/2024 Meeting of Undersecretary of State Paweł Karbownik with the delegation of the World Bank Group

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    Meeting of Undersecretary of State Paweł Karbownik with the delegation of the World Bank Group24.09.2024

    On September 24, 2024, Deputy Minister of Finance Paweł Karbownik met with a delegation from the World Bank, led by Anna Akhalkatsi, Director for EU countries at the World Bank, and Ines Rocha, Regional Director for Europe at the International Finance Corporation (IFC). The conversation focused on current cooperation with the Bank and plans for the near future. The participants discussed cooperation in flood protection and water retention projects in Poland. In particular, the conversation focused on a new investment project in flood and drought prevention, which is to be co-financed by a World Bank loan. The Bank representatives also presented the assumptions of the new cooperation strategy with Poland for 2025-2029. As noted by Deputy Minister Paweł Karbownik, increasing the competitiveness of the Polish economy, energy transformation and adaptation to current challenges, including severe climate phenomena, create the basis for further cooperation with the World Bank Group. The discussion also concerned the Climate and Development Report (CCDR) for Poland, which the Bank plans to publish in early November 2024. This document will be an important point of reference for future actions in the field of sustainable development and combating climate change.

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI USA: Remarks by President  Biden Before the 79th Session of the United Nations General Assembly | New York,  NY

    US Senate News:

    Source: The White House
    United Nations HeadquartersNew York, New York
    10:12 A.M. EDT
    THE PRESIDENT:  My fellow leaders, today is the fourth time I’ve had the great honor of speaking to this assembly as president of the United States.  It will be my last.
    I’ve seen a remarkable sweep of history.  I was first elected to office in the United States of America as a U.S. senator in 1972.  Now, I know I look like I’m only 40.  I know that.  (Laughter.) 
    I was 29 years old.  Back then, we were living through an inflection point, a moment of tension and uncertainty.  The world was divided by the Cold War.  The Middle East was headed toward war.  America was at war in Vietnam, and at that point, the longest war in America’s history. 
    Our country was divided and angry, and there were questions about our staying power and our future.  But even then, I entered public life not out of despair but out of optimism. 
    The United States and the world got through that moment.  It wasn’t easy or simple or without significant setbacks.  But we would go on to reduce the threat of nuclear weapons throughout the — through arms control and then go on to bring the Cold War itself to an end.  Israel and Egypt went to war but then forged a historic peace.  We ended the war in Vietnam. 
    The — last year, in Hanoi, I was — met with the Vietnamese leadership, and we elevated our partnership to the highest level.  It’s a testament to the resilience of the human spirit and the capacity for reconciliation that today the United States and Vietnam are partners and friends, and it’s proof that even from the horrors of war there is a way forward.  Things can get better. 
    We should never forget that.  I have seen that throughout my career. 
    In the 1980s, I spoke out against apartheid in South Africa, and then I watched the racist regime fall. 
    In the 1990s, I worked to hold Milošević accountable for war crimes.  He was held accountable.  
    At home, I wrote and passed the Violence Against Women Act to end the scourge of violence against women and girls not only in America but across the world, as many of you have as well.  But we have so much more to do, especially against rape and sexual violence as weapons of war and terror.  
    We were attacked on 9/11 by Al-Qaeda and Osama bin Laden.  We brought him justice. 
    Then I came to the presidency in another moment in a crisis and uncertainty.  I believed America had to look forward.  New challenges, new threats, new opportunities were in front of us.  We needed to put ourselves in a position to see the threats, to deal with the challenges, and to seize the opportunities as well. 
    We needed to end the era of war that began on 9/11.  As vice president to President Obama, he asked me to work to wind down the military operations in Iraq.  And we did, painful as it was. 
    When I came to office as president, Afghanistan had replaced Vietnam as America’s longest war.  I was determined to end it, and I did.  It was a hard decision but the right decision. 
    Four American presidents had faced that decision, but I was determined not to leave it to the fifth.  It was a decision accompanied by tragedy.  Thirteen brave Americans lost their lives along with hundreds of Afghans in a suicide bomb.  I think those lost lives — I think of them every day.
    I think of all the 2,461 U.S. military deaths over a long 20 years of that war.  20,744 American servicemen wounded in action.  I think of their service, their sacrifice, and their heroism. 
    I know other countries lost their own men and women fighting alongside us.  We honor their sacrifices as well.  
    To face the future, I was also determined to rebuild my country’s alliances and partnerships to a level not previously seen.  We did — we did just that, from traditional treaty alliances to new partnerships like the Quad with the United States, Japan, Australia, and India. 
    I know — I know many look at the world today and see difficulties and react with despair, but I do not.  I won’t. 
    As leaders, we don’t have the luxury. 
    I recognize the challenges from Ukraine to Gaza to Sudan and beyond: war, hunger, terrorism, brutality, record displacement of people, a climate crisis, democracy at risk, strains within our societies, the promise of artificial intelligence and its significant risks.  The list goes on. 
    But maybe because of all I’ve seen and all we have done together over the decades, I have hope.  I know there is a wa- — a way forward.  
    In 1919, the Irish poet William Butler Yeats described a world, and I quote, where “Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world,” end of quote.
    Some may say those words describe the world not just in 1919 but in 2024.  But I see a cri- — a critical distinction. 
    In our time, the center has held.  Leaders and people from every region and across the political spectrum have stood together.  Turned the page — we turned the page on the worst pandemic in a century.  We made sure COVID no longer controls our lives.  We defended the U.N. Charter and ensured the survival of Ukraine as a free nation.  My country made the largest investment in climate and clean energy ever, anywhere in history.
    There will always be forces that pull our countries apart and the world apart: aggression, extremism, chaos, and cynicism, a desire to retreat from the world and go it alone. 
    Our task, our test is to make sure that the forces holding us together are stronger than those that are pulling us apart, that the principles of partnership that we came here each year to uphold can withstand the challenges, that the center holds once again.  
    My fellow leaders, I truly believe we are at another inflection point in world history where the choices we make today will determine our future for decades to come. 
    Will we stand behind the principles that unite us?  We stand firm against aggression.  We — will we end the conflicts that are raging today?  Will we take on global challenges like climate change, hunger, and disease?  Will we plan now for the opportunities and risk of a revolutionary new technologies?
    I want to talk today about each of those decisions and the actions, in my view, we must take.
    To start, each of us in this body has made a commitment to the principles of the U.N. Charter, to stand up against aggression.  When Russia invaded Ukraine, we could have stood by and merely protested.  But Vice President Harris and I understood that that was an assault on everything this institution is supposed to stand for. 
    And so, at my direction, America stepped into the breach, providing massive security and economic and humanitarian assistance.  Our NATO Allies and partners in 50-plus nations stood up as well.  But most importantly, the Ukrainian people stood up.  And I ask the people of this chamber to stand up for them.
    The good news is Putin’s war has failed in his — at his core aim.  He set out to destroy Ukraine, but Ukraine is still free.  He set out to weaken NATO, but NATO is bigger, stronger, and more united than ever before with two new members, Finland and Sweden.  But we cannot let up.
    The world now has another choice to make: Will we sustain our support to help Ukraine win this war and preserve its freedom or walk away and let aggression be renewed and a nation be destroyed?
    I know my answer.  We cannot grow weary.  We cannot look away.  And we will not let up on our support for Ukraine, not until Ukraine wins a just and durable peace [based] on the U.N. Charter.  (Applause.)
    We also need to uphold our principles as we seek to responsibly manage the competition with China so it does not veer into conflict.  We stand ready to cooperate on urgent challenges for the good of our people and the people everywhere.  
    We recently resumed cooperation with China to stop the flow of deadly synthetic narcotics.  I appreciate the collaboration.  It matters for the people in my country and mether- — many others around the world.
    On matters of conviction, the United States is unabashed, pushing back against unfair economic competition and against military coercion of other nations in — in the South China Sea, in maintaining peace and stability across the Taiwan Straits, in protecting our most advanced technologies so they cannot be used against us or any of our partners. 
    At the same time, we’re going to continue to strengthen our network of alliances and partnerships across the Indo-Pacific.  These partnerships are not against any nation.  They are building blocks for a free, open, secure, and peaceful Indo-Pacific.  
    We are also working to bring a greater measure of peace and stability to the Middle East.  The world must not flinch from the horrors of October 7th.  Any country — any country would have the right and responsibility to ensure that such an attack can never happen again. 
    Thousands of armed Hamas terrorists invaded a sovereign state, slaughtering and massacring more than 1,200 people, including 46 Americans, in their homes and at a music festival; despis- — despicable acts of sexual violence; 250 innocents taken hostage. 
    I’ve met with the families of those hostages.  I’ve grieved with them.  They’re going through hell. 
    Innocent civilians in Gaza are also going through hell.  Thousands and thousands killed, including aid workers.  Too many families dislocated, crowding into tents, facing a dire humanitarian situation.  They didn’t ask for this war that Hamas started. 
    I put forward with Qatar and Egypt a ceasefire and hostage deal.  It’s been endorsed by the U.N. Security Council.  Now is the time for the parties to finalize its terms, bring the hostages home, en- — secure security for Israel, and Gaza free of Ha- — of Hamas’ grip, ease the suffering in Gaza, and end this war.  
    On October 7th — (applause) — since October 7, we have also been determined to prevent a wider war that engulfs the entire region.  Hezbollah, unprovoked, joined the October 7th attack launching rockets into Israel.  Almost a year later, too many on each side of the Israeli-Lebanon border remain displaced. 
    Full-scale war is not in anyone’s interest.  Even as the situation has escalated, a diplomatic solution is still possible.  In fact, it remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely.  And that’s what working — that’s what we’re working tirelessly to achieve.  
    As we look ahead, we must also address the rise of violence against innocent Palestinians on the West Bank and set the conditions for a better future, including a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalized relations with all its neighbors, where Palestinians live in security, dignity, and self-determination in a state of their own.  (Applause.)
    Progress toward peace will put us in a stronger position to deal with the ongoing threat posed by Iran.  Together, we must deny oxygen to terrorists — to its terrorist proxies, which have called for more October 7ths, and ensure that Iran will never, ever obtain a nuclear weapon.  
    Gaza is not the only conflict that deserves our outrage.  In Sudan, a bloody civil war unleashed one of the world’s worst humanitarian crises: eight million — eight million on the brink of famine, hundreds of thousands already there, atrocities in Darfur and elsewhere. 
    The United States has led the world in providing humanitarian aid to Sudan.  And with our partners, we have led diplomatic talks to try to silence the guns and avort — and avert a wider famine.  The world needs to stop arming the generals, to speak with one voice and tell them: Stop tearing your country apart.  Stop blocking aid to the Sudanese people.  End this war now.  (Applause.)
    But people need more than the absence of war.  They need the chance — the chance to live in dignity.  They need to be protected from the ravages of climate change, hunger, and disease. 
    Our administration has arri- — has invested over $150 billion to make progress and other Sustainable Development Goals.  It includes $20 billion for food security and over $50 billion for global health.  We’ve mobilized billions more in private-sector investment. 
    We’ve taken the most ambitious climate actions in history.  We’ve moved to rejoin the Paris Agreement on day one.  And today, my country is finally on track to cut emissions in half by 2030, on track to honor my pledge to quadruple climate financing to developing nations with $11 billion thus far this year. 
    We’ve rejoined the World Health Organization and donated nearly 700 million doses of COVID vaccine to 117 countries.  We must now move quickly to face mpox outbreak in Africa.  We are prepared to commit $500 million to help African countries prevent and respond to mpox and to donate 1 million doses of mpox vaccine now.  (Applause.)  We call on our partners to match our pledge and make this a billion-dollar commitment to the people of Africa. 
    Beyond the core necessities of food and health, the United States, the G7, and our partners have embarked on an ambitious initiative to mobilize and deliver significant financing to the developing world.  We are working to help countries build out their infrastructure, to clean energy transition, to their digital transformation to lay new economic foundations for a prosperous future. 
    It’s called the Partnership for Global Infrastructure and Investment.  We’ve already starting to see the fruits of this emerge in Southern Africa and in Southeast A- — Asia and in the Americas.  We have to keep it going. 
    I want to get things done together.  In order to do that, we must build a stronger, more effective, and more inclusive United Nations.  The U.N. needs to adapt to bring in new voices and new perspectives.  That’s why we support reforming and expanding the membership of the U.N. Security Council.  (Applause.) 
    My U.N. ambassador just laid out our detailed vision to reflect today’s world, not yesterday’s.  It’s time to move forward. 
    And the Security Council, like the U.N. itself, needs to get back to the job of making peace; of brokering deals to end wars and suffering; th- — (applause) — and to stop the spread of the most dangerous weapons; of stabilizing troubled regions in East Africa — from East Africa to Haiti, to Kenya-led mission that’s working alongside the Haitian people to turn the tide.
    We also have a responsibility to prepare our citizens for the future.  We’ll see more technological change, I argue, in the next 2 to 10 years than we have in the last 50 years.
    Artificial intelligence is going to change our ways of life, our ways of work, and our ways of war.  It could usher in scientific progress at a pace never seen before.  And much of it could make our lives better. 
    But AI also brings profound risks, from deepfakes to disinformation to novel pathogens to bioweapons. 
    We have worked at home and abroad to define the new norms and standards.  This year, we achieved the first-ever General Assembly resolution on AI to start developing global rules — global rules of the road.  We also announced a Declaration of — on the Responsible — Responsible Use of AI, joined by 60 countries in this chamber.
    But let’s be honest.  This is just the tip of the iceberg of what we need to do to manage this new technology. 
    Nothing is certain about how AI will evolve or how it will be deployed.  No one knows all the answers.  
    But my fellow leaders, it’s with humility I offer two questions. 
    First: How do we as an international community govern AI?  As countries and companies race to uncertain frontiers, we need an equally urgent effort to ensure AI’s safety, security, and trustworthiness.  As AI grows more powerful, it must grow also — it also must grow more responsive to our collective needs and values.  The benefits of all must be shared equitably.  It should be harnessed to narrow, not deepen, digital divides.  
    Second: Will we ensure that AI supports, rather than undermines, the core principles that human life has value and all humans deserve dignity?  We must make certain that the awesome capabilities of AI will be used to uplift and empower everyday people, not to give dictators more powerful shackles on human — on the human spirit. 
    In the years ahead, there wa- — they may be — may well be no greater test of our leadership than how we deal with AI.   
    Let me close with this.  Even as we navigate so much change, one thing must not change: We must never forget who we’re here to represent. 
    “We the People.”  These are the first words of our Constitution, the very idea of America.  And they inspired the opening words of the U.N. Charter. 
    I’ve made the preservation of democracy the central cause of my presidency. 
    This summer, I faced a decision whether to seek a second term as president.  It was a difficult decision.  Being president has been the honor of my life.  There is so much more I want to get done.  But as much as I love the job, I love my country more.  I decided, after 50 years of public service, it’s time for a new generation of leadership to take my nation forward. 
    My fellow leaders, let us never forget, some things are more important than staying in power.  It’s your people — (applause) — it’s your people that matter the most. 
    Never forget, we are here to serve the people, not the other way around.  Because the future will be — the future will be won by those who unleash the full potential of their people to breathe free, to think freely, to innovate, to educate, to live and love openly without fear. 
    That’s the soul of democracy.  It does not belong to any one country. 
    I’ve seen it all around the world in the brave men and women who ended apartheid, brought down the Berlin Wall, fight today for freedom and justice and dignity. 
    We saw it — that universal yearning for rights and freedom — in Venezuela, where millions cast their vote for change.  It hasn’t been recognized, but it can’t be denied.  The world knows the truth. 
    We saw it in Uganda LBGT [LGBT] activists demanding safety and recognition of their common humanity. 
    We see it in citizens across the world peacefully choosing their future — from Ghana to India to South Korea, nations representing one quarter of humanity who will hold elections this year alone. 
    It’s remarkable, the power of “We the People,” that makes me more optimistic about the future than I’ve ever been since I was first elected to the United States Senate in 1972.  
    Every age faces its challenges.  I saw it as a young man.  I see it today. 
    But we are stronger than we think.  We’re stronger together than alone.  And what the people call “impossible” is just an illusion. 
    Nelson Mandela taught us, and I quote, “It always seems impossible until it’s done.”  “It always seems impossible until it’s done.”
    My fellow leaders, there is nothing that’s beyond our capacity if we work together.  Let’s work together.
    God bless you all.  And may God protect all those who seek peace. 
    Thank you.  (Applause.)
    10:36 A.M. EDT

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell Rejects GOP Claim That Abortion Bans Aren’t Dangerous: Idaho’s ‘Deserts of Gynecological Care’ Hurt Women & Doctors

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    09.24.24

    Cantwell Rejects GOP Claim That Abortion Bans Aren’t Dangerous: Idaho’s ‘Deserts of Gynecological Care’ Hurt Women & Doctors

    At Senate committee hearing, Cantwell & colleagues hear from a PNW OB/GYN who left Idaho due to draconian laws; The post-Dobbs reality on the ground is undeniable: preventable deaths, women denied care, and growing health care deserts in anti-choice states that strain surrounding regions

    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), a senior member of the Senate Committee on Finance, attended a committee hearing titled “Chaos and Control: How Trump Criminalized Women’s Health Care,” which examined how the overturn of Roe v. Wade — led by Supreme Court justices appointed by former President Donald Trump – is impacting providers and endangering women on the ground.

    At the hearing, some witnesses called by Republicans, including a Texas-based lawyer, claimed that abortion bans do not prevent doctors from administering care to pregnant patients during emergencies that threaten the mother’s life. Her assertions are contradicted by a report released this week showing that a 28-year-old Georgia woman died in 2022 after doctors delayed a life-saving abortion. A state board concluded that her death was preventable. Another Georgia woman died because she was afraid to see a provider due to the abortion ban; the state board said that her death was also preventable. Women in other states have reported suffering extreme pain and anguish after being forced to wait for care. 

    “I am dismayed at my colleagues on the other side of the aisle and even some of the witnesses, because you are saying this is either rhetoric, or hospitals do not understand the law,” Sen. Cantwell said. “I don’t care what the lawyers are saying. This is what is happening on the ground. And the consequences that it is affecting these individuals and threatening their lives.”

    She added that the lack of care in neighboring Idaho is driving a 50% increase in out-of-state abortion patients in Washington state, straining our own health care system.

    “If you have deserts of gynecological care overall, it’s going to cause problems, not just for the women in Idaho, but for our region as well,” Sen. Cantwell said. “We want people to be able to see their physician.”

    Among the panel of witnesses was Dr. Amelia Huntsberger, an OB/GYN and graduate of the University of Washington School of Medicine. Dr. Huntsberger practiced in Sandpoint, Idaho, for nearly a decade before relocating her family to Oregon due to fear of prosecution under Idaho’s draconian abortion ban. Since the ban went into effect, 22% of Idaho’s OB/GYNs have left the state.

    “Dr. Huntsberger, what more can we tell people about why one in five OB/GYNs are leaving?” Sen. Cantwell asked. “The lawyers are telling you [that] you don’t have to worry about this, but you took a step to worry about it. Why did you take that step?”

    “It was essential to me to provide the care my patients needed without government interference,” Dr. Huntsberger responded. “The circumstances doctors and patients find themselves in Idaho impacts everyone. Idaho has some of the lowest per capita number of physicians, so already there was a physician shortage, and this is being greatly exacerbated.”

    Strict abortion bans enacted after the overturning of Roe v. Wade have created confusion around the treatment medical professionals can provide, even when a pregnant patient’s life or health is in danger. Providers fear they could be sued or prosecuted for providing abortion care, or even miscarriage treatment. 

    In July, Sen. Cantwell, Senate Majority Leader Chuck Schumer, and 14 women Democratic senators released a new report, Two Years Post-Dobbs: The Nationwide Impacts of Abortion Bans. The report, based on interviews and discussions with more than 80 health care providers and advocates on the front lines, detailed how the Dobbs decision is harming women’s health care in states across the U.S.  Among other troubling findings, the report detailed how abortion bans endanger women facing medical emergencies.  For example, the co-chair of the Idaho Physician Well-Being Action Collaborative said, “We’ve been flying out about a patient a week to Utah or Oregon or Washington, because the fetus is nonviable, or the life of the mother is at risk.”  The report also noted the conclusions of a STAT News analysis of abortions in Texas, which found that the number of women needing abortions in Texas is at least 400 per year for life emergencies and 2,400 per year for physical health risks – but that just 34 legal abortions were recorded in Texas during a six-month period in 2023. New research published this week found that the rate of maternal mortality cases in Texas increased by 56% from 2019 to 2022 – compared to 11% nationwide during that time period. Texas’s abortion ban went into effect in September 2021.

    Sen. Cantwell continues to fight hard to defend reproductive freedom in Washington state and nationwide. A full timeline of her actions since a draft of the Dobbs decision was leaked in spring 2022, making clear the Supreme Court’s intent to overturn the longstanding reproductive care precedent established by Roe v. Wade, is available HERE.

    MIL OSI USA News –

  • MIL-OSI USA: Statement from White  House Press Secretary Karine Jean-Pierre on President  Biden’s Travel to Germany and  Angola

    US Senate News:

    Source: The White House
    President Joseph R. Biden, Jr. will travel to Germany and Angola, from October 10 to 15. In Germany, President Biden will meet with German leaders to further strengthen the close bond the United States and Germany share as Allies and friends and coordinate on shared priorities. The President will reinforce the U.S. and German commitment to democracy and countering antisemitism and hatred, strengthen the enduring people-to-people ties between our countries, and advance cooperation on economics, trade, and technology.  He will also express his appreciation to Germany for supporting Ukraine’s defense against Russian aggression, hosting U.S. service members, and contributing to the security of the United States, Germany, and the entire NATO Alliance. On October 13-15, President Biden will travel to Luanda, Angola, where he will meet with President João Lourenço of Angola to discuss increased collaboration on shared priorities, including bolstering our economic partnerships that keep our companies competitive and protect workers; celebrating a signature project of the G7’s Partnership for Global Infrastructure and Investment (PGI), which advances our joint vision for Africa’s first trans-continental open-access rail network that starts in Lobito and ultimately will connect the Atlantic Ocean to the Indian Ocean; strengthening democracy and civic engagement; intensifying action on climate security and the clean energy transition; and enhancing peace and security. The President’s visit to Luanda celebrates the evolution of the U.S.-Angola relationship, underscores the United States’ continued commitment to African partners, and demonstrates how collaborating to solve shared challenges delivers for the people of the United States and across the African continent.

    MIL OSI USA News –