NewzIntel.com

Category: Commerce

  • MIL-OSI USA: Two Weeks Left to Apply for FEMA Individual Assistance and Small Business Administration Low Interest Loans

    Source: US Federal Emergency Management Agency

    Headline: Two Weeks Left to Apply for FEMA Individual Assistance and Small Business Administration Low Interest Loans

    Two Weeks Left to Apply for FEMA Individual Assistance and Small Business Administration Low Interest Loans

    LOS ANGELES – Homeowners, renters and businesses in Los Angeles County who experienced property damage or losses from the January wildfires have two weeks left to apply for federal disaster assistance

    Monday, March 31, is the last day to apply for both FEMA disaster assistance and a U

    S

    Small Business Administration (SBA) low-interest disaster loan

    This deadline will not impact applications that have already been started

    Apply for FEMA Individual Assistance: Online at DisasterAssistance

    gov

    On the FEMA App

    By calling the FEMA Helpline at 800-621-3362

    If you use a relay service, give FEMA your number for that service

    Assistance is available in multiple languages

    Lines are open Sunday–Saturday, from 4 a

    m

    – 10 p

    m

    Pacific Time

    At a Disaster Recovery Center (DRC)

    To locate a DRC near you, visit the DRC Locator

    For an American Sign Language video on how to apply, visit FEMA Accessible: Three Ways to Register for FEMA Disaster AssistanceApply for SBA Low-Interest Disaster Loans:Online at sba

    gov/disaster By calling SBA’s Customer Service Center hotline at 800-659-2955

     People who are deaf, hard of hearing or have a speech disability may dial 711 to access relay services

    By emailingDisasterCustomerService@sba

    govAt a Disaster Recovery Center or Business Recovery Center, where you can submit a completed application or SBA representatives can help you apply

    To find a BRC near you, go to Appointment

    sba

    gov

    Applications for disaster loans may be submitted online using the MySBA Loan Portal at https://lending

    sba

    gov or other locally announced locations

    Follow FEMA online, on X @FEMA or @FEMAEspanol, on FEMA’s Facebook page or Espanol page and at FEMA’s YouTube account

    For preparedness information follow the Ready Campaign on X at @Ready

    gov, on Instagram @Ready

    gov or on the Ready Facebook page

    California is committed to supporting residents impacted by the Los Angeles Hurricane-Force Firestorm as they navigate the recovery process

    Visit CA

    gov/LAFires for up-to-date information on disaster recovery programs, important deadlines, and how to apply for assistance

    alberto

    pillot
    Mon, 03/17/2025 – 21:14

    MIL OSI USA News –

  • MIL-OSI USA: ICYMI: Governor Lombardo Applauds FHLBank San Francisco’s $10 Million Affordable Housing Investment in the Silver State

    Source: US State of Nevada

    Carson City, NV March 17, 2025

    In case you missed it, the Federal Home Loan Bank of San Francisco announced a new $10 million investment in affordable housing in Nevada today.

    “Attainable homeownership for all Nevadans is one of my highest priorities and we can’t do this alone,” said Governor Lombardo. “The partnership and commitment of FHLBank San Francisco through this investment will give stability to many of Nevada’s essential workers.”

    The full press release from the Federal Home Loan Bank of San Francisco is below:

    The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is deepening its commitment to increasing access to affordable housing and homeownership by investing in Nevada Housing Division Mortgage Revenue Bonds. Nevada Governor Joe Lombardo celebrates FHLBank San Francisco’s investment in the state. 

    “Attainable homeownership for all Nevadans is one of my highest priorities and we can’t do this alone,” said Governor Lombardo. “The partnership and commitment of FHLBank San Francisco through this investment will give stability to many of Nevada’s essential workers.” 

    This $10 million investment strengthens FHLBank San Francisco’s efforts to support low- and moderate-income homebuyers in the state of Nevada, which include down payment assistance grant programs to support homebuyers. 

    “Our investment in Nevada Housing Division Mortgage Revenue Bonds allows us to reinforce our commitment to safe, affordable homes in Nevada while also delivering on our mission to provide reliable, low-cost liquidity and community investment resources to our member financial institutions,” said Joe Amato, interim president and CEO of FHLBank San Francisco. “By working together with the Nevada Housing Division, we can strengthen communities in Nevada, foster economic growth and create a more vibrant and resilient future for all.” 

    Supporting Home Affordability in Nevada 

    Nevada has a severe shortage of affordable homes. The demand for more housing supply in the state has made it more difficult for Nevada residents to keep up with the housing market – both in buying and renting. The Nevada Housing Division Mortgage Revenue Bonds are highly rated investment securities (AA+ rating from S&P) backed by single-family mortgage-backed securities (MBS) that facilitate homeownership by supporting loans designed specifically for Nevada households aspiring to own a home. 

    “The Federal Home Loan Bank of San Francisco is uniquely positioned to address affordability issues for homebuyers in Nevada,” said Stephen Aichroth, Administrator of the Nevada Housing Division. “We thank the Bank for their confidence in the Nevada Housing Division and their commitment to affordable homeownership for Nevadans.” 

    FHLBank San Francisco is dedicated to supporting housing initiatives throughout its three-state region of Arizona, California, and Nevada. Since the Affordable Housing Program (AHP) was created in 1990, FHLBank San Francisco has awarded over $1.38 billion in affordable housing and community program grants to support the construction, rehabilitation, or purchase of over 155,000 homes affordable to lower-income households, including $61.8 million AHP grants in 2024 alone. Together, the 11 regional FHLBanks that make up the Federal Home Loan Bank System are one of the largest privately capitalized sources of grant funding for affordable housing in the United States. 

    About the Nevada Housing Division  

    The Nevada Housing Division, a division of the Department of Business and Industry, was created by the Nevada Legislature in 1975, with a mission to provide affordable housing opportunities and improve the quality of life for Nevada residents. They connect Nevadans with homes by providing financing to developers to build affordable housing, innovative mortgage solutions and down payment assistance programs and making homes more energy efficient, thereby lowering utility expenses. To learn more, visit http://housing.nv.gov. 

    ### 

    MIL OSI USA News –

  • MIL-OSI Australia: Workers comp reform to address psychological safety

    Source: New South Wales Ministerial News

    Published: 18 March 2025

    Released by: Treasurer

    Treasurer Daniel Mookhey will today warn parliament that the State’s workers compensation system is unsustainable without reform to how it deals with workplace psychological injury.

    Mr Mookhey will set out plans to make greater use of workplace health and safety laws to prevent psychological injuries, instead of relying solely on the state’s workers compensation system as the main response. 

    In a Ministerial Statement, the Treasurer will also advise Parliament that:

    • If claims continue growing at recent rates, the State insurer icare expects an additional 80,000 people will make psychological injury claims over the next five years,
    • For every $1 needed to care for injured workers, the State’s main workers compensation scheme currently holds only 85 cents in assets, and
    • Without reform, premiums for businesses facing no claims against them are forecast to rise by 36 per cent over the three years to 2027-28.

    Mr Mookhey will outline a program of consultation with Business NSW and Unions NSW, as well as other interested parties, to create the reform. The model he will outline will see NSW:

    1. Give the NSW Industrial Relation Commission a bullying & harassment jurisdiction ahead of requiring those claims to be heard there first before a claim can be pursued for compensation. This will allow the Commission to address psychological hazards, fostering a culture of prevention.
    2. Define psychological injury, as well as ‘reasonable management action’, to provide workers and businesses with certainty – rather than let the definitions remain the subject of litigation. 
    3. Align whole-person-impairment thresholds to standards established in South Australia and Queensland.
    4. Adopt some of the anti-fraud measures recently enacted by the Commonwealth to protect the National Disability Insurance Scheme.
    5. Respond further to the recommendations retired Supreme Court justice Robert McDougall made in his independent review of Safe Work NSW.

    The Treasurer has been working closely with Minister for Industrial Relations Sophie Cotsis and Minister for Emergency Services Jihad Dib on the reform.

    Treasurer Daniel Mookhey said:

    “Our workers compensation system was designed at a time when most people did physical labour – on farms and building sites, in mines or in factories.

    “A system that approaches all psychological workplace hazards the same way as physical dangers, needs to change.

    “Allowing the system to stay on autopilot will only trap more employees, employers, and the state of NSW to a fate we can avoid.

    “We must build a system that is fit for purpose – one that reflects modern workplaces and modern ways of working.”

    MIL OSI News –

  • MIL-OSI USA: DAUPHIN COUNTY – Shapiro Administration to Celebrate National Ag Day, Investments to Keep Pennsylvania Ag Thriving

    Source: US State of Pennsylvania

    March 18, 2025 – Middletown, PA

    ADVISORY – DAUPHIN COUNTY – Shapiro Administration to Celebrate National Ag Day, Investments to Keep Pennsylvania Ag Thriving

    Agriculture Secretary Russell Redding will visit a 10th generation dairy farm in Dauphin County where Shapiro Administration investments are shaping the future success of the family business and helping ensure that Pennsylvania remains a national leader in agriculture. The event celebrates Pennsylvania’s progress on National Agriculture Day.

    A broad menu of grants available through the PA Agriculture Business Development Center, along with the Shapiro Administration’s new Agricultural Innovation Grant Program are helping farmers meet the daily challenges they must tackle to stay competitive. These investments support Governor Shapiro’s Economic Development Strategy, which positions agriculture alongside life sciences, manufacturing, robotics, technology, and energy as vital drivers of Pennsylvania’s long-term economic success.

    WHO:
    Pennsylvania Agriculture Secretary Russell Redding
    Jubilee Dairy Owner-Operator Kendra Nissley
    Pennsylvania FFA State Officers

    WHEN:
    Tuesday, March 18, 2025, 10 a.m.

    WHERE:
    Jubilee Dairy: 1306 Pecks Road, Middletown, PA 17057

    MIL OSI USA News –

  • MIL-OSI USA: Attorney General Bonta Defends Rule to Stop the Flood of Robocalls

    Source: US State of California

    Continues fight against annoying and illegal robocalls and robotexts  

    OAKLAND — California Attorney General Bonta today joined 28 attorneys general in submitting an amicus brief in Insurance Marketing Coalition v. FCC, in support of a Federal Communications Commission (FCC) rule which would limit unwanted robocalls and robotexts. The rule in question would close a loophole that allows lead generators to trick a consumer into “consenting” to calls from potentially thousands of companies. Lead generators engage in generating consumer interest on public facing websites with the goal of turning that interest into a sale — in this case, sale of consumer consent to other robocallers or robotexters. The brief defends the regulation, which was recently vacated by the Eleventh Circuit, and argues that it is within FCC’s statutory authority under the Telephone Consumer Protection Act.  

    “Everyone hates robocalls. Robocalls continue to top the list of most frequent consumer complaints across the country, and their annihilation continues to be a nationwide, bipartisan effort,” said Attorney General Bonta. “By closing the lead-generator loophole and putting an end to consent abuse, the Federal Communications Commission’s rule would substantially reduce unwanted telemarketing robocalls that bombard individuals and prohibit telemarketers from selling consumer consent to other callers — this is an essential tool in the effort to protect consumers from unwanted and often illegal robocalls.”

    In 2023, the FTC proposed a rule, supported by Attorney General Bonta and 28 attorneys general, which required that telemarketers and lead generators get specific one-to-one consent from consumers before subjecting them to robocalls or selling their contact information. Specifically, this meant that a consumer could not consent to a telemarketing or advertising robocall unless the consumer consented to calls from one entity at a time; this consent would also only cover subject matter associated with the original call. This rule aimed to both ensure that consent was in response to clear disclosure and to prevent lead generators, texters, and callers from using a single consumer written consent to inundate consumers with unwanted telemarketing robocalls and robotexts from dozens of sellers.

    Robocalls are often a vehicle for scams. For Californians, the impact of illegal and unwanted robocalls can range from a momentary nuisance to serious fraud involving identity theft or life-changing financial losses. Phone calls and text messages are by far the most common contact method for fraud, and in 2023 alone, fraudulent phone calls and texts led to more than $1.2 billion in reported financial losses nationwide, according to the Federal Trade Commission (FTC). Robocalls are typically the number one consumer complaint to the FTC each year. 

    Attorney General Bonta is committed to working to put a stop to illegal robocalls. Attorney General Bonta is part of the Anti-Robocall Multistate Litigation Task Force, a task force of 51 bipartisan attorneys general who investigate and take legal action against those responsible for routing significant volumes of illegal robocall traffic into and across the United States. 

    In 2024, Attorney General Bonta: 

    • Sent warning letters to four telecom companies for transmitting suspected illegal robocall traffic on their networks — including robocalls that impersonated government officials or involved scams.
    • Submitted a comment letter to the FCC in support of its proposed rules to protect consumers by increasing the effectiveness of the FCC’s Robocall Mitigation Database.
    • Sent a warning letter to a telecom company responsible for transmitting suspected illegal robocall traffic, including robocalls that impersonated government officials. 
    • Sent a warning letter to a company that allegedly sent New Hampshire residents scam election robocalls during the New Hampshire primary election. 
    • Filed a comment letter to the FCC related to the potential impact of emerging artificial intelligence (AI) technology on efforts to protect consumers from illegal robocalls or robotexts. 

    In May 2023, Attorney General Bonta, as part of a bipartisan coalition of 49 attorneys general, announced a lawsuit against Avid Telecom for allegedly initiating and facilitating billions of unlawful robocalls that included Social Security Administration scams, Medicare scams, and employment scams. 

    In submitting today’s brief, Attorney General Bonta joins the attorneys general of the District of Columbia, Arizona, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, South Dakota, Utah, Vermont, Virginia, Washington, West Virginia, and Wisconsin.

    A copy of the brief can be found here.

    MIL OSI USA News –

  • MIL-OSI: PIMCO Canada Corp. Announces Quarterly Distributions for PIMCO Canada Exchange Traded Series

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States newswire services or for dissemination in the United States

    TORONTO, March 17, 2025 (GLOBE NEWSWIRE) — PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2025 first quarter cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute quarterly (“Funds”). Unitholders of record of the ETF Series, at the close of business on March 21, 2025, will receive a per-unit cash distribution payable on or about March 31, 2025.

    Details of the per-unit cash distribution amounts are as follow:

     Fund Name  Ticker Cash Distribution per Unit
     PIMCO Managed Conservative Bond Pool  PCON $0.15106 
     PIMCO Managed Core Bond Pool  PCOR $0.15602 
     PIMCO Canadian Core Bond Fund  CORE $0.15218 

    The Manager, PIMCO Canada, administers and manages the PIMCO Canada ETFs, and retains Pacific Investment Management Company LLC (“PIMCO”) to provide sub-advisory services to the Funds.

    About PIMCO

    PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, drawing upon our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

    Forward-Looking Statements

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Funds. The forward-looking statements are not historical facts but reflect the Funds’, PIMCO Canada’s and/or PIMCO’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, market factors. Although the Funds, PIMCO Canada and/or PIMCO believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, PIMCO Canada and/or PIMCO undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other factors which affect this information, except as required by law.

    No offering is being made by this material. Interested investors should obtain a copy of the prospectus, which is available from your Financial Advisor.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

    All investments contain risk and can lose value. For a summary of the risks of an investment in a specific fund, please see the Funds prospectus.

    The Fund’s distribution rates may be affected by numerous factors, including but not limited to changes in realized and projected market returns, fluctuations in market interest rates, Fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in the Fund’s distribution rate or that the rate will be sustainable in the future.

    For instance, during periods of low or declining interest rates, the Fund’s distributable income and distribution rate may decline for many reasons. For example, the Fund may have to deploy uninvested assets (whether from purchases of Fund units, proceeds from matured, traded or called debt obligations or other sources) in new, lower yielding instruments. Additionally, payments from certain instruments that may be held by the Fund (such as variable and floating rate securities) may be negatively impacted by declining interest rates, which may also lead to a decline in the Fund’s distributable income and distribution rate.

    Funds can offer different series, which are subject to different fees and expenses (which may affect performance), having different minimum investment requirements and are entitled to different services.

    The products and services provided by PIMCO Canada may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose.

    PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.

    PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. ©2025, PIMCO

    PIMCO Canada Corp. 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350

    Contact:
    Agnes Crane
    PIMCO – Media Relations Phone: +212 597.1054

    The MIL Network –

  • MIL-OSI USA: Peters Statement on Vote to Prevent Government Shutdown

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    Published: 03.14.2025

    WASHINGTON, DC – U.S. Senator Gary Peters (D-MI) released the following statement on his vote to allow debate to proceed on the continuing resolution to prevent a government shutdown: 
    “Under a normal administration, a government shutdown would be devastating to families in Michigan and across the country who count on federal programs for health care, veterans’ benefits, and small business loans. Shutdowns are also incredibly damaging, the last shutdown cost the U.S. economy $11 billion. Make no mistake, a shutdown under President Trump right now would be catastrophic.  
    “A government shutdown would give President Trump, Elon Musk, and Office of Management and Budget Director Russ Vought unchecked power to continue their illegal campaign of dismantling agencies that provide services Americans need. In a shutdown, the President and OMB have ultimate control over which parts of the government stay open and which workers stay on the job – and I know their decisions would not be in the best interests of the American people.  
    “In a shutdown, the Trump Administration would be emboldened to deem countless more federal workers as non-essential, making those civil servants prime targets for future rounds of mass layoffs. This action will make our country less safe and make it much harder for Americans to access programs they count on.   
    “When the first Trump Administration shut down the government, they repeatedly broke the law. This time, they would take it even further. A shutdown would also give them free rein to keep some agencies closed indefinitely – including the Department of Education, Environmental Protection Agency, Consumer Financial Protection Bureau, and more.   “This is a difficult choice, but with the deadline quickly approaching, I believe Congress must do its most basic job to keep the lights on. I voted to move this process forward and give the Senate a chance to take a vote so that agencies remain open and providing services, independent watchdogs can stay on the job, and Democrats can keep fighting in both Congress and in the courts to stop Republican tax cuts for billionaires and President Trump’s harmful agenda.” 

    MIL OSI USA News –

  • MIL-OSI: Global Star Acquisition Inc. Commences Trading on the OTC Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and SEOUL, South Korea, March 17, 2025 (GLOBE NEWSWIRE) — Global Star Acquisition Inc. (OTC Markets: GLST) (“Global Star” or the “Company”), a special purpose acquisition company, received a notification letter from The Nasdaq Stock Market, LLC (“Nasdaq”) on March 7, 2025, notifying the Company that it no longer meets continued listing requirements. As a result, Nasdaq pursuant to its discretionary authority under Listing Rules 5101,1 and IM-5101-12 suspended trading of the Company’s securities on March 7, 2025. Following the suspension of trading on Nasdaq, the Company’s securities began trading on the OTC Markets as of March 14, 2025.

    On February 3, 2025, Global Star’s shareholders approved the previously announced business combination between Global Star and K Enter Holdings, Inc. (“K Enter”). Both Global Star and K Enter remain committed to consummating the business combination and plan to have the securities of the post-business combination entity, K Wave Media, Ltd., to be listed on The Nasdaq Stock Market.

    About Global Star Acquisition Inc.

    Global Star Acquisition Inc., a Delaware corporation, is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

    About K Enter Holdings Inc.

    K Enter Holdings Inc. is a Delaware corporation that operates an internal K drama production team and is the owner of the controlling equity interests in six diversified entertainment operating companies based in Korea, engaged in the entertainment content, IP creation, merchandising and entertainment investment businesses (the “Six Korean Entities”). The Six Korean Entities include Play Company Co., Ltd, a Korean IP merchandising company, and Solaire Partners Ltd., a Korean IP content-specialized private equity firm, Studio Anseilen Co., Ltd., a K drama production company, and The LAMP Co., Ltd., Bidangil Pictures Co., Ltd., and Apeitda Co., Ltd., each of which is a K movie production company.

    Cautionary Statements Regarding Forward-Looking Statements

    This press release is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to the Proposed Business Combination and for no other purpose. No representations or warranties, express or implied are given in, or in respect of, this press release. To the fullest extent permitted by law under no circumstances will Global Star, K Enter, or any of the Six Korean Entities, interest holders, affiliates, representatives, partners, directors, officers, employees, advisors or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this press release, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Industry and market data used in this press release have been obtained from third-party industry publications and sources as well as from research reports prepared for other purposes. Neither Global Star nor K Enter has independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness. This data is subject to change. In addition, this press release does not purport to be all-inclusive or to contain all the information that may be required to make a full analysis of Global Star, K Enter or the Proposed Business Combination. Viewers of this press release should each make their own evaluation of Global Star and K Enter and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. This press release contains certain “forward-looking statements” within the meaning of the federal securities laws, including statements regarding the benefits of the Proposed Business Combination, including K Enter’s ability to accelerate the development of its products and bring them to market, the anticipated timing for completion of the Proposed Business Combination, and Global Star’s and K Enter’s expectations, plans or forecasts of future events and views as of the date of this press release. Global Star and K Enter anticipate that subsequent events and developments will cause Global Star’s and K Enter’s assessments to change. These forward-looking statements, which may include, without limitation, words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will”, “could,” “should,” “believes,” “predicts,” “potential,” “might,” “continues,” “think,” “strategy,” “future,” and similar expressions, involve significant risks and uncertainties (most of which factors are outside of the control of Global Star or K Enter).

    In addition, this press release includes a summary set of risk factors that may have a material impact on Global Star, K Enter or the Proposed Business Combination, which are not intended to capture all the risks to which Global Star, K Enter or the Proposed Business Combination is subject or may be subject. Factors that may cause such differences include but are not limited to: (1) the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement; (2) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of the securities; (3) the risk that the Proposed Business Combination may not be completed by Global Star’s business combination deadline; (4) the inability to complete the Proposed Business Combination, including but not limited to due to the failure to obtain approval of the stockholders of Global Star or K Enter for the Merger Agreement, to receive certain governmental, regulatory and third party approvals or to satisfy other conditions to closing in the Merger Agreement; (5) the failure to achieve the minimum amount of cash available following any redemptions by Global Star ‘s stockholders; (6) the inability to obtain or maintain the listing of Global Star’s common stock on Nasdaq following the Proposed Business Combination, including but not limited to redemptions exceeding anticipated levels or the failure to meet Nasdaq’s initial listing standards in connection with the consummation of the Proposed Business Combination; (7) the effect of the announcement or pendency of the Proposed Business Combination on K Enter’s business relationships, operating results, and business generally; (8) risks that the Proposed Business Combination disrupts current plans and operations of K Enter or the Six Korean Entities; (9) the inability to realize the anticipated benefits of the Proposed Business Combination and to realize estimated pro forma results and underlying assumptions, including but not limited to with respect to estimated stockholder redemptions and costs related to the Proposed Business Combination; (10) the possibility that Global Star or K Enter or the Six Korean Entities may be adversely affected by other economic or business factors; (11) changes in the markets in which K Enter and the Six Korean Entities compete, including but not limited to with respect to its competitive landscape, technology evolution, changes in entertainment choices or regulatory changes; (12) changes in domestic and global general economic conditions; (13) risk that K Enter may not be able to execute its growth strategies; (14) the risk that K Enter experiences difficulties in managing its growth and expanding operations after the Proposed Business Combination; (15) the risk that the parties will need to raise additional capital to execute the business plan, which may not be available on acceptable terms or at all; (16) the ability to recognize the anticipated benefits of the Proposed Business Combination to achieve its commercialization and development plans, and identify and realize additional opportunities, which may be affected by, among other things, competition, the ability of K Enter to grow and manage growth economically and hire and retain key employees; (17) risk that K Enter may not be able to develop and maintain effective internal controls; (18) the risk that K Enter may fail to keep pace with rapid technological developments or changes in entertainment tastes to provide new and innovative products and services, or may make substantial investments in unsuccessful new products and services; (19) the ability to develop, license or acquire new content, products and services; (20) the risk that K Enter is unable to secure or protect its intellectual property; (21) the risk of product liability or regulatory lawsuits or proceedings relating to K Enter’s business; (22) the risk of cyber security or foreign exchange losses; (23) changes in applicable laws or regulations; (24) the outcome of any legal proceedings that may be instituted against the parties related to the Merger Agreement or the Proposed Business Combination; (25) the impact of the global COVID-19 pandemic and response on any of the foregoing risks, including but not limited to supply chain disruptions; (26) the risk that K Enter fails to successfully and timely consummate its acquisition of one or more of the Six Korean Entities`; and (27) other risks and uncertainties identified in the registration statement on Form F-4, which included a proxy statement/prospectus filed in connection with the Proposed Business Combination (the “Registration Statement”), including those under “Risk Factors” therein, and in other filings with the U.S. Securities and Exchange Commission (“SEC”) made by Global Star. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Global Star’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and the Registration Statement filed with the SEC with respect to the Proposed Business Combination, and other documents filed by Global Star from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. The foregoing list of factors is not exhaustive, are provided for illustrative purposes only, and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Forward-looking statements speak only as of the date they are made. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Global Star nor K Enter presently know or that Global Star and K Enter currently believe are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. Global Star and K Enter anticipate that subsequent events and developments will cause Global Star’s and K Enter’s assessments to change. However, while Global Star and K Enter may elect to update these forward-looking statements at some point in the future, Global Star and K Enter specifically disclaim any obligation to do so. Neither Global Star nor K Enter gives any assurance that Global Star or K Enter, or the combined company, will achieve its expectations. Accordingly, undue reliance should not be placed upon the forward-looking statements, and they should not be relied upon as representing Global Star’s and K Enter’s assessments as of any date subsequent to the date of this press release.

    Contact

    Global Star Acquisition, Inc.
    Investor Contact
    MZ Group
    Shannon Devine/Rory Rumore
    +1 (203) 741-8811
    GLST@mzgroup.us

    The MIL Network –

  • MIL-OSI Asia-Pac: The cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24%

    Source: Government of India (2)

    Ministry of Commerce & Industry

    The cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24%

    The cumulative value of merchandise exports during April-February2024-25 was USD 395.63 Billion, as compared to USD 395.38 Billion during April-February2023-24, registering a positive growth of 0.06%

    The cumulative Non-Petroleum exports in April-February2024-25 valued at USD 337.01Billion registered an increase of 6.43% as compared to USD 316.64Billion in April-February2023-24

    Major drivers of merchandise exports growth in February2025 include Electronic Goods, Rice, Mica, Coal & Other Ores, Minerals including processed minerals, RMG of all Textiles and Coffee

    Electronic Goods exports increased by 26.46% from USD 3 Billion in February2024 to USD 3.79 Billion in February2025

    RMG of all Textiles exports increased by 3.97 % from USD 1.48 Billion in February 2024 to USD 1.53 Billion in February 2025

    Rice exports increased by 13.21% from USD 1.05 Billion in February2024 to USD 1.19 Billion in February2025

    Marine products exports increased by 3.40% from USD 0.49 Billion in February 2024 to USD 0.51 Billion in February 2025

    Mica, Coal & Other Ores, Minerals including processed minerals exports increased by 24.25% from USD 0.40 Billion in February2024 to USD 0.50 Billion in February2025

    Coffeeexports increased by 22.32% from USD 0.15 Billion in February2024 to USD 0.18 Billion in February2025

    Posted On: 17 MAR 2025 6:44PM by PIB Delhi

    • India’s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-à-vis February2024.Total imports (Merchandise and Services combined) for February2025* is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024.

    Table 1: Trade during February2025*

     

     

    February2025

    (USD Billion)

    February2024

    (USD Billion)

    Merchandise

    Exports

    36.91

    41.41

    Imports

    50.96

    60.92

    Services*

    Exports

    35.03

    28.33

    Imports

    16.55

    15.23

    Total Trade

    (Merchandise +Services) *

    Exports

    71.95

    69.74

    Imports

    67.52

    76.15

    Trade Balance

    4.43

    -6.41

    * Note: The latest data for services sector released by RBI is for January2025. The data for February2025 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-February2023-24 and April-September2024 has been revised on pro-rata basis using quarterly balance of payments data.

    Fig 1: Total Trade during February2025*

    • India’s total exports during April-February2024-25* is estimated at USD 750.53 Billion registering a positive growth of 6.24 percent. Total imports during April-February2024-25* is estimated at USD 839.89 Billion registering a growth of 7.28 percent.

    Table 2: Trade during April-February2024-25*

     

     

    April-February2024-25

    (USD Billion)

    April-February2023-24

    (USD Billion)

    Merchandise

    Exports

    395.63

    395.38

    Imports

    656.68

    621.19

    Services*

    Exports

    354.90

    311.05

    Imports

    183.21

    161.71

    Total Trade

    (Merchandise +Services) *

    Exports

    750.53

    706.43

    Imports

    839.89

    782.90

    Trade Balance

    -89.37

    -76.47

     

    Fig 2: Total Trade during April-February2024-25*        

      

    MERCHANDISE TRADE

    • Merchandise exports during February2025 were USD 36.91 Billion as compared to USD 41.41 Billion in February2024.
    • Merchandise imports during February2025 were USD 50.96 Billion as compared to USD 60.92 Billion in February2024.

     

    Fig 3: Merchandise Trade during February2025

     

    • Merchandise exports during April-February2024-25 were USD 395.63 Billion as compared to USD 395.38Billion during April-February2023-24.
    • Merchandise imports during April-February2024-25 were USD 656.68 Billion as compared to USD 621.19 Billion during April-February2023-24.
    • Merchandise trade deficit during April-February2024-25 was USD 261.06 Billion as compared to USD 225.81 Billion during April-February2023-24.

    Fig4: Merchandise Trade during April-February2024-25

    • Non-petroleum and non-gems & jewellery exports in February2025 were USD 28.57Billion compared to USD 29.99Billion in February2024.
    • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in February2025 were USD 35.02Billion compared to USD 33.96Billion in February2024.

     

    Table 3: Trade excluding Petroleum and Gems & Jewellery during February2025

     

    February2025

    (USD Billion)

    February2024

    (USD Billion)

    Non- petroleum exports

    31.10

    33.19

    Non- petroleum imports

    39.07

    44.03

    Non-petroleum & Non-Gems & Jewellery exports

    28.57

    29.99

    Non-petroleum & Non-Gems & Jewellery imports

    35.02

    33.96

    Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

     

    Fig 5: Trade excluding Petroleum and Gems & Jewellery during February2025

    • Non-petroleum and non-gems & jewellery exports in April-February2024-25 were USD 310.09 Billion, compared to USD 286.55 Billion in April-February2023-24.
    • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-February2024-25 were USD 415.85 Billion, compared to USD 388.82 Billion in April-February2023-24.

     

    Table 4: Trade excluding Petroleum and Gems & Jewellery during April-February2024-25

     

    April-February2024-25

    (USD Billion)

    April-February2023-24

    (USD Billion)

    Non- petroleum exports

    337.01

    316.64

    Non- petroleum imports

    489.96

    458.80

    Non-petroleum &Non Gems& Jewellery exports

    310.09

    286.55

    Non-petroleum & Non Gems & Jewellery imports

    415.85

    388.82

    Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

    Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-February2024-25

    SERVICES TRADE

    • The estimated value of services export for February2025* is USD 35.03 Billion as compared to USD 28.33Billion in February2024.
    • The estimated value of services imports for February2025* is USD 16.55 Billion as compared to USD 15.23Billion in February2024.

    Fig 7: Services Trade during February2025*

    • The estimated value of service exports during April-February2024-25* is USD 354.90 Billion as compared to USD 311.05 Billion in April-February2023-24.
    • The estimated value of service imports during April-February2024-25* is USD 183.21 Billion as compared to USD 161.71 Billion in April-February2023-24.
    • The services trade surplus for April-February2024-25* is USD 171.69 Billion as compared to USD 149.34 Billion in April-February2023-24.

    Fig 8: Services Trade during April-February2024-25*

    • Exports ofTobacco (26.76%), Electronic Goods (26.46%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (24.25%), Coffee (22.32%), Rice (13.21%), Jute Mfg. Including Floor Covering (12.41%), Other Cereals  (11.65%), Meat, Dairy & Poultry Products (6.7%), Carpet (4.87%), Rmg Of All Textiles (3.97%), Marine Products (3.4%), Spices (0.98%) and  Fruits & Vegetables (0.87%) record positive growth during February2025 over the corresponding month of last year.
    • Imports of Silver (-75.04%), Gold (-61.98%), Pearls, Precious & Semi-Precious Stones (-41.61%), Coal, Coke & Briquettes, Etc. (-35.63%), Petroleum, Crude & Products (-29.59%), Iron & Steel (-23.37%), Transport Equipment (-16.93%), Newsprint (-12.43%), Artificial Resins, Plastic Materials, Etc. (-6.21%), Professional Instrument, Optical Goods, Etc. (-5.01%), Machine Tools (-3.68%), Fruits & Vegetables  (-0.93%) record negative growth during February2025 over the corresponding month of last year.
    • Services exports is estimated to grow by 14.10percent during April-February2024-25* over April-February2023-24.
    • Top 5 export destinations, in terms of change in value, exhibiting positive growth in February2025 vis a vis February2024 are U S A (10.37%), Australia (76.19%), Japan (26.55%), Brazil (10.85%) and Nigeria (10.75%).
    • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-February2024-25 vis a vis April-February2023-24 are U S A (9.1%), U Arab Emts (5.19%), U K (12.47%), Japan (21.67%) and Netherland (3.68%).
    • Top 5 import sources, in terms of change in value, exhibiting growth in February2025 vis a vis February2024 are Thailand (145.45%), China P Rp (7.83%), Brazil (162.18%), Ireland (117.17%) and Oman (30.24%).
    • Top 5 import sources, in terms of change in value, exhibiting growth in April-February2024-25 vis a vis April-February2023-24 are U Arab Emts (29.21%), China P Rp (10.41%), Thailand (42.4%), U S A (7.23%) and Russia (4.9%).

    *Link for Quick Estimates

    ***

    Abhishek Dayal/ Abhijith Narayanan

    (Release ID: 2111954)

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: ‘India 2047: Building a Climate Resilient Future’ Conference to be organized by MoEFCC in collaboration with Two Institutes at Harvard University USA, in New Delhi from 19th – 22nd March 2025

    Source: Government of India

    ‘India 2047: Building a Climate Resilient Future’ Conference to be organized by MoEFCC in collaboration with Two Institutes at Harvard University USA, in New Delhi from 19th – 22nd March 2025

    Four days Conference to focus on Adaptation and Resilience to Climate Change 

    Posted On: 17 MAR 2025 6:06PM by PIB Delhi

    Union Ministry of Environment, Forest and Climate Change (MoEFCC), in collaboration with two institutes at the Harvard University, USA, is organizing a Conference on ‘India 2047: Building a Climate-Resilient Future’, from 19th – 22nd March 2025, at Bharat Mandapam in New Delhi. The Lakshmi Mittal and Family South Asia Institute and the Salata Institute For Climate and Sustainability at the Harvard University, USA are the organising partners for the event. This event will serve to identify the key challenges in adaptation and fine tune India’s response in terms of policies, programmes and action at the field level geared towards a climate-resilient India@2047.

    Shri Suman Bery, Vice Chairperson, NITI Aayog and Union Minister of State for Environment, Forest and Climate Change, Shri Kirti Vardhan Singh will grace the inaugural session of this conference. The event would also be addressed by distinguished speakers from Government of India, academia, research institutions, private sector and the Harvard University. Notable amongst these are Prof. Tarun Khanna, Director, The Lakshmi Mittal and Family South Asia Institute and Jorge Paulo Lemann Professor at the Harvard Business School; Prof. Jim Stock, Vice Provost for Climate and Sustainability at Harvard University, Prof. Daniel P. Schrag, Professor of Environmental Science and Engineering at Harvard University, amongst others.

    The Conference will be organized over a period of four days, where multiple breakout sessions with several technical sessions focusing on adaptation and resilience under the following themes: (i) Climate Science and its implications on Water & Agriculture, (ii) Health, (iii) Work, and (iv) Built Environment.

    1. The theme on Climate Science and its implications on Agriculture and Water will explore the scientific, policy, and practical dimensions of adapting to heatwaves, changing monsoon patterns, and water distribution issues.
    2. The theme on Health convenes leading health professionals and health system experts, from India and the world to address essential questions on the impact of heat.
    3. The theme on Work will focus on impact of climate change on labour productivity.
    4. The theme on Built Environment seeks to examine how built environment should be prepared for rising temperatures over the coming decades.

    There will be several crosscutting issues across these themes, such as governance, traditional knowledge, livelihood and skilling, gender, and financing. The workshops aim to generate tangible outputs such as research papers, technical documents, and policy briefs, as agreed upon by participants to contribute scientific evidence to global initiatives. This event will be a special opportunity to discuss adaptation and resilience to climate change amongst a receptive and influential audience in a location where this issue is an immediate concern.

    This Conference will bring together government, academia, civil society, private sector, and other relevant stakeholders to foster interdisciplinary dialogue and collaboration to address the pressing challenges posed by climate change. It will enable stakeholders to develop strategies for a sustainable and climate-resilient future for India, which will require multipronged interdisciplinary planning.

    With a focus on policy integration, scientific advancements, and localized adaptation strategies, the Conference aims to bridge critical knowledge gaps that hinder effective climate planning. This is not just another Conference —it is a crucial opportunity to engage with influential stakeholders in the region where climate adaptation is an urgent priority. The insights gathered here will directly contribute to shaping India’s upcoming National Adaptation Plan, ensuring that it is evidence-based, inclusive, and aligned with India’s broader development goals.

    As India approaches its centenary of independence in 2047, this upcoming Conference will be a significant step toward ensuring a climate-resilient future, backed by innovation, collaboration, and actionable policy insights.

    About The Lakshmi Mittal and Family South Asia Institute

    The Lakshmi Mittal and Family South Asia Institute is a university-wide research institute at Harvard that engages in interdisciplinary research to advance and deepen the understanding of critical issues in South Asia and its relationship with the world.

    About The Salata Institute For Climate and Sustainability

    Established in 2022, The Salata Institute for Climate and Sustainability is an interdisciplinary hub dedicated to accelerating climate research, education, and action. Since 2023, the Salata Institute has supported the South Asia Adaptation Research Cluster, which comprises leading climate scientists, epidemiologists, planners, and experts. The cluster is dedicated to advancing climate adaptation research in the Indian subcontinent, focusing on the impacts of extreme heat and changing weather patterns. It aims to identify at-risk populations and inform targeted intervention strategies. The cluster collaborates with regional and international partners to ensure that adaptation strategies are both scientifically robust and aligned with local needs.

    *****

    VM

    (Release ID: 2111922) Visitor Counter : 179

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: ‘India 2047: Building a Climate Resilient Future’ Conference to be organized by MoEFCC in collaboration with the Harvard University USA, in New Delhi from 19th – 22nd March 2025

    Source: Government of India (2)

    ‘India 2047: Building a Climate Resilient Future’ Conference to be organized by MoEFCC in collaboration with the Harvard University USA, in New Delhi from 19th – 22nd March 2025

    Four days Conference to focus on Adaptation and Resilience to Climate Change 

    Posted On: 17 MAR 2025 6:06PM by PIB Delhi

    Union Ministry of Environment, Forest and Climate Change (MoEFCC), in collaboration with the Harvard University, USA, is organizing a Conference on ‘India 2047: Building a Climate-Resilient Future’, from 19th – 22nd March 2025, at Bharat Mandapam in New Delhi. This event will serve to identify the key challenges in adaptation and fine tune India’s response in terms of policies, programmes and action at the field level geared towards a climate-resilient India@2047. The Lakshmi Mittal and Family South Asia Institute and the Salata Institute For Climate and Sustainability at the Harvard University, USA are the organising partners for the event.

    Shri Suman Bery, Vice Chairperson, NITI Aayog and Union Minister of State for Environment, Forest and Climate Change, Shri Kirti Vardhan Singh will grace the inaugural session of this conference. The event would also be addressed by distinguished speakers from Government of India, academia, research institutions, private sector and the Harvard University. Notable amongst these are Prof. Tarun Khanna, Director, The Lakshmi Mittal and Family South Asia Institute and Jorge Paulo Lemann Professor at the Harvard Business School; Prof. Jim Stock, Vice Provost for Climate and Sustainability at Harvard University, Prof. Daniel P. Schrag, Professor of Environmental Science and Engineering at Harvard University, amongst others.

    The Conference will be organized over a period of four days, where multiple breakout sessions with several technical sessions focusing on adaptation and resilience under the following themes: (i) Climate Science and its implications on Water & Agriculture, (ii) Health, (iii) Work, and (iv) Built Environment.

    1. The theme on Climate Science and its implications on Agriculture and Water will explore the scientific, policy, and practical dimensions of adapting to heatwaves, changing monsoon patterns, and water distribution issues.
    2. The theme on Health convenes leading health professionals and health system experts, from India and the world to address essential questions on the impact of heat.
    3. The theme on Work will focus on impact of climate change on labour productivity.
    4. The theme on Built Environment seeks to examine how built environment should be prepared for rising temperatures over the coming decades.

    There will be several crosscutting issues across these themes, such as governance, traditional knowledge, livelihood and skilling, gender, and financing. The workshops aim to generate tangible outputs such as research papers, technical documents, and policy briefs, as agreed upon by participants to contribute scientific evidence to global initiatives. This event will be a special opportunity to discuss adaptation and resilience to climate change amongst a receptive and influential audience in a location where this issue is an immediate concern.

    This Conference will bring together government, academia, civil society, private sector, and other relevant stakeholders to foster interdisciplinary dialogue and collaboration to address the pressing challenges posed by climate change. It will enable stakeholders to develop strategies for a sustainable and climate-resilient future for India, which will require multipronged interdisciplinary planning.

    With a focus on policy integration, scientific advancements, and localized adaptation strategies, the Conference aims to bridge critical knowledge gaps that hinder effective climate planning. This is not just another Conference —it is a crucial opportunity to engage with influential stakeholders in the region where climate adaptation is an urgent priority. The insights gathered here will directly contribute to shaping India’s upcoming National Adaptation Plan, ensuring that it is evidence-based, inclusive, and aligned with India’s broader development goals.

    As India approaches its centenary of independence in 2047, this upcoming Conference will be a significant step toward ensuring a climate-resilient future, backed by innovation, collaboration, and actionable policy insights.

    About The Lakshmi Mittal and Family South Asia Institute

    The Lakshmi Mittal and Family South Asia Institute is a university-wide research institute at Harvard that engages in interdisciplinary research to advance and deepen the understanding of critical issues in South Asia and its relationship with the world.

    About The Salata Institute For Climate and Sustainability

    Established in 2022, The Salata Institute for Climate and Sustainability is an interdisciplinary hub dedicated to accelerating climate research, education, and action. Since 2023, the Salata Institute has supported the South Asia Adaptation Research Cluster, which comprises leading climate scientists, epidemiologists, planners, and experts. The cluster is dedicated to advancing climate adaptation research in the Indian subcontinent, focusing on the impacts of extreme heat and changing weather patterns. It aims to identify at-risk populations and inform targeted intervention strategies. The cluster collaborates with regional and international partners to ensure that adaptation strategies are both scientifically robust and aligned with local needs.

    *****

    VM

    (Release ID: 2111922) Visitor Counter : 33

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CSC Academy collaborates with Shoolini University to offer quality online higher education to aspiring students across India

    Source: Government of India

    CSC Academy collaborates with Shoolini University to offer quality online higher education to aspiring students across India

    CSC Academy leverages operators (Village Level Entrepreneurs -VLEs) to boost student registrations, strengthening India’s workforce and economy

    From business to literature, CSC Academy Offers BBA, BCA, MBA, MCA, and MA (English) for aspiring students

    Posted On: 17 MAR 2025 5:24PM by PIB Delhi

    CSC Academy partners with Shoolini University, Himachal Pradesh, one of the top ranked universities in India to enhance the access to quality higher education in India.  The collaboration aims to offer undergraduate and postgraduate programs through online mode to students across country. This initiative of CSC Academy will bridge the education gap, providing industry-relevant skills and better career prospects, particularly for first-generation learners, especially in rural and disconnected areas.

    Through this initiative, Common Services Centre (CSC) operators (Village Level Entrepreneurs -VLEs) will facilitate student registrations, ensuring higher education is more accessible to aspiring students, even in remote areas. The objective of this program is to empower thousands of learners, strengthening India’s workforce and economy.

    Programs Offered:

    1. BBA (Bachelor of Business Administration)
    2. BCA (Bachelor of Computer Applications)
    3. MBA (Master of Business Administration)
    4. MCA (Master of Computer Applications)
    5. MA (English Literature)

    Students can visit their nearest CSC Centre to enroll and take the first step towards a brighter future.

    Empowering students with affordable quality education nationwide

    Sanjay Kumar Rakesh, MD & CEO, CSC SPV, expressed his enthusiasm about the initiative:
    “This collaboration between CSC Academy and Shoolini University is a significant milestone in democratizing higher education. By leveraging the CSC network, we are making affordable quality learning opportunities accessible to students in every corner of the country.”

    Ashish Khosla, President, Shoolini University, added:
    “At Shoolini University, we are committed to academic excellence and innovation. Through this partnership, we aim to provide top-quality online education at affordable fees and equip students with the necessary skills to excel in their careers.”

    This partnership underscores a shared vision of expanding educational access and nurturing future-ready professionals. Together, Shoolini University and CSC Academy are set to redefine online higher education in India.

    About Shoolini University

    Shoolini University of Biotechnology and Management Sciences, located in Solan, is one of India’s top-ranked universities. It is featured in the top 500 global universities in the Prestigious THE 2025 World University Rankings and in the top 251 to 500 in several subjects in the QS World Subjects Rankings 2024 and 2025 and has consistently featured in top 100 Universities and Institutions in the National Institutional Ranking Framework (NIRF). With over 500 patents granted and an H-Index of 150 Shoolini University is a leader in research and innovation, boasting a research quality that matches some of World’s best-known institutions.

    ****

    Dharmendra Tewari/ Navin Sreejith

    (Release ID: 2111882) Visitor Counter : 61

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CCI approves acquisition of steel-making coal portfolio of Anglo American plc in Australia by Peabody MNG Pty Ltd and Peabody SMC Pty Ltd

    Source: Government of India

    Posted On: 17 MAR 2025 8:35PM by PIB Delhi

    The Competition Commission of India has approved acquisition of steel-making coal portfolio of Anglo-American plc in Australia by Peabody MNG Pty Ltd and Peabody SMC Pty Ltd.

    The proposed transaction involves the acquisition by Peabody MNG Pty Ltd (Peabody MNG) and Peabody SMC Pty Ltd (Peabody SMC) (collectively, Acquirers), of a portion of assets and businesses associated with Anglo American plc’s (Anglo) steel-making coal portfolio in Australia (Proposed Combination).

    The Acquirers are newly incorporated special purpose vehicles formed for the purposes of the Proposed Combination. Each of them is ultimately owned by Peabody Energy Corporation (Peabody). Peabody, [together with its affiliates, (the Peabody Group)], the ultimate parent company of the Peabody Group, is a global producer and supplier of metallurgical and thermal coal. The Peabody Group’s activities in India are primarily focused on the sales of coal by way of imports.

    The assets being acquired as part of the Proposed Combination consist of a portion of Anglo’s assets and businesses associated with its steel-making coal portfolio in Australia (Target Business). The Target Business is currently owned and controlled by Anglo and its subsidiaries, which is a global mining company. In India, the Target Business supplies coal by way of imports.

    Detailed order of the Commission will follow.

    *****

    NB/AD

    (Release ID: 2112022) Visitor Counter : 27

    MIL OSI Asia Pacific News –

  • MIL-OSI: Baltic Horizon Fund completed the sale of Meraki Business Home in Vilnius, Lithuania

    Source: GlobeNewswire (MIL-OSI)

    The owner of Meraki Business Home in Vilnius, BH Meraki UAB, an SPV of Baltic Horizon Fund, closed a transaction at the end of last week, in accordance with which Groa Real Estate Opportunity Fund UAB, a fund managed by Groa Capital purchased Meraki Business Home in Vilnius, Lithuania.

    The sales price of the asset was approximately EUR 16 million. The proceeds of the transaction will be used to redeem EUR 3 million of Baltic Horizon Fund bonds and repay the loan from Bigbank.

    Baltic Horizon Fund informed the investors about the signing of the sale and purchase agreement via a stock exchange announcement published on 7 March 2025: https://view.news.eu.nasdaq.com/view?id=b44b29e9e4e39243051682af0fe3b84f5&lang=en&src=listed.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    The MIL Network –

  • MIL-OSI United Nations: Secretary-General Appoints Antonio Aranibar of Bolivia United Nations Resident Coordinator in Equatorial Guinea

    Source: United Nations MIL OSI b

    United Nations Secretary-General António Guterres has appointed Antonio Aranibar of Bolivia as the United Nations Resident Coordinator in Equatorial Guinea, with the host Government’s approval, on 16 March.

    Mr. Aranibar brings more than 20 years’ experience in sustainable development, governance and peacebuilding to the role.  Prior to his appointment in Equatorial Guinea, he served as the UN Special Adviser to the Office of the Resident Coordinator in Venezuela from 2019 to 2024, where he supported the search for negotiated solutions to a protracted crisis, including through social and humanitarian agreements.  He was Head of Office of the UN Verification Mission in Medellin, Colombia, from 2016 to 2018, where he supported the implementation of the peace process between the Colombian State and the Revolutionary Armed Forces of Colombia (FARC).

    From 2013 to 2016, he was a researcher at the Central American Institute of Business Administration (INCAE) and Global Network Director of the Social Progress Index, a leading indicator to track progress towards the Sustainable Development Goals.

    Mr. Aranibar served as the Director for Latin America and the Caribbean of the Political Analysis and Prospective Scenarios Project, an initiative promoted by the United Development Programme (UNDP) in Latin America with proven impact in conflict prevention, dialogue promotion and institutional reform.  In this capacity, he served as Special Adviser to the United Nations in more than 20 countries from 2008 to 2013 using future studies for preventive diplomacy as well as for policy advocacy on development policies and institutional reforms.

    He began his career in UNDP Bolivia as an economist of the Human Development Network and Senior Policy Adviser.

    Mr. Aranibar holds a master’s degree in econometrics from the Autonomous University of Madrid in Spain and a bachelor’s degree in economic development from the University of Paris IX-Dauphine in France.  He is fluent in Spanish, English, French and Portuguese.  He is married and the proud father of three children.

    MIL OSI United Nations News –

  • MIL-Evening Report: ASIC puts payday lenders on notice they may be breaching the law

    Source: The Conversation (Au and NZ) – By Jeannie Marie Paterson, Professor of Law (consumer protections and credit law), The University of Melbourne

    Late last week, corporate watchdog the Australian Securities and Investments Commission (ASIC) issued a warning to lenders that provide high-fee small-amount loans – known as payday lenders – that they may be breaching consumer-lending laws.

    Trying to provide effective protections to borrowers of these small loans is fiendishly difficult. People in financial hardship turn to payday loans, even though they are expensive. Lenders can charge high fees for such loans but may change products to avoid regulation.

    If access to payday loans dries up, borrowers in need are likely to turn to other products. And so the cycle begins again.

    The regulator’s report might be a prompt to government to think about other strategies.

    What is payday lending and why is it a concern?

    Payday lending is the name commonly given to loans of small amounts (under A$2,000) for short periods of time (16 days to one year) that promise quick credit checks and don’t require collateral.

    They are called payday loans because the original idea was borrowers would pay them back when they got their next pay cheque. But often that is not how it works, and borrowers struggle to repay.

    Payday lenders offer fast cash, but there are strings attached.

    ASIC said the total value of small and medium loans provided to consumers in 2023–24 was $1.3 billion. An earlier study by Consumer Action Law Centre found 4.7 million individual payday loans were written over three years to July 2019.

    Why do borrowers use (expensive) payday loans?

    Small, short-term loans like payday loans have been around for a long time – and in part, they respond to a reality that, for many people, their income is not sufficient to give them buffers.

    Payday loans can be used by borrowers who don’t have savings or credit cards to pay for one-off unexpected bills – a broken fridge, an emergency medical appointment or even utilities bills. But they can also be used to meet daily living expenses.

    There are limited other practical options – for some types of bills, there are hardship schemes, but these are not always well-known. For one-off expenses, there are low and no-interest loan schemes but they can be quite restrictive. Free financial counselling may also help, but knowledge and access can be an issue.

    Payday lenders have been moving customers into bigger loans that are harder to repay.
    Doucefleur/Shutterstock

    Why were new laws dealing with payday loans introduced?

    Payday lenders have typically charged very high fees. In 2013, concerns about the high cost of payday loans led to specific provisions to limit the fees that could be charged.

    Nonetheless, regulators and consumer advocates remain concerned these kinds of loans lock borrowers into debt spirals because they keep accumulating and that lenders manage to avoid many of the restrictions.

    Further reforms in 2022 introduced a presumption a loan is unsuitable if the borrower has already taken out two payday loans in the preceding 90 days. The reforms also prohibit payday lenders from offering loans where the repayments would exceed a prescribed proportion of a borrower’s income.

    What did ASIC say?

    ASIC said it found a trend of payday lenders moving borrowers who previously might have borrowed relatively small amounts ($700 to $2,000) to medium-sized loans ($2,000 to $5,000), which are not subject to the same consumer protections.

    The regulator said small loan credit contracts fell from 80% of loans in the December quarter of 2022 to less than 60% of loans by the August 2023 quarter.

    It said it was concerned by this approach and reminded lenders they were still subject to the reasonable lending regime. This effectively means not lending amounts that would be unsuitable for borrowers.

    Why are payday lenders moving consumers to larger loans?

    It’s a concern that lenders change products to avoid restrictive rules. But it is not altogether surprising.

    One response from increasing restrictions on one form of credit might be that lenders decide to focus on other, less restricted, products like medium-sized loans – this is what ASIC seems to have found.

    This is problematic if those larger loans are not meeting consumers’ needs and objectives (for instance, if they only needed a smaller amount), or complying with the loan would cause substantial hardship. It’s important to remind lenders that the responsible lending obligations apply to medium size loans, and for ASIC to take enforcement action where appropriate.

    What might be a better approach?

    The ASIC report highlights the increasing complexity of the National Consumer Credit Act regime – with the standard obligations complemented by specific and unique rules for a range of credit products. These include small amount credit, standard home loans, credit cards, reverse mortgages, and Buy Now Pay Later.

    It’s worth thinking about whether a better strategy might be to go back to a simpler approach, where one set of rules applied to all consumer credit products. Regulatory exceptions and qualifications are minimised.

    If access to payday loans becomes more restrictive, borrowers are likely to turn to other products. This means ASIC should also be looking at other products that are used to provide short-term small loans. These are likely to include buy now pay later schemes and pawn broking.

    Buy now pay later products are subject to their own regulations, including responsible lending obligations. But
    pawn brokers aren’t covered by the Consumer Credit laws and are subject to little regulatory scrutiny. This is also something that should change.

    We also need to consider whether there are financial inclusion options not dependent on lenders out to make a profit from borrowers struggling with the cost of living.

    Jeannie Marie Paterson receives funding from the Australian Research Council for a project on Treating Consumers Fairly.

    Nicola Howell receives funding from funding from the Australian Research Council for a project on Treating Consumers Fairly. She is affiliated with the Consumers’ Federation of Australia, as a member of the CFA Executive.

    – ref. ASIC puts payday lenders on notice they may be breaching the law – https://theconversation.com/asic-puts-payday-lenders-on-notice-they-may-be-breaching-the-law-252375

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Why build nuclear power in place of old coal, when you could have pumped hydropower instead?

    Source: The Conversation (Au and NZ) – By Timothy Weber, Research Officer for School of Engineering, Australian National University

    Phillip Wittke, Shutterstock

    Australia’s energy policy would take a sharp turn if the Coalition wins the upcoming federal election. A Dutton government would seek to build seven nuclear power plants at the sites of old coal-fired power stations.

    The Coalition says its plan makes smart use of the existing transmission network and other infrastructure. But solar and wind power would need to be curtailed to make room in the grid for nuclear energy. This means polluting coal and gas power stations would remain active for longer, releasing an extra 1 billion to 2 billion tonnes of carbon dioxide.

    So is there another option? Yes: pumped hydro storage plants. This technology is quicker and cheaper to develop than nuclear power, and can store solar and wind rather than curtail it. It’s better suited to Australia’s electricity grid and would ultimately lead to fewer emissions. Drawing on our recent global analysis, we found the technology could be deployed near all but one of the seven sites the Coalition has earmarked for nuclear power.

    The Coalition is likely to spend anywhere from A$116 billion to $600 billion of taxpayers’ money to deliver up to 14 gigawatts of nuclear energy. Experts say the plan will not lower power prices and will take too long to build. Our findings suggest cheap storage of solar and wind, in the form of pumped hydro, is a better way forward.

    This way, we can continue to build renewable energy capacity while stabilising the grid. More than 45GW of solar and wind is already up and running, with a further 23GW being supported by the Capacity Investment Scheme until 2027. Only a handful of the pumped hydro sites we found would be needed to decarbonise the energy system, reaching the 1,046 gigawatt-hours of storage CSIRO estimates Australia needs.

    Building pumped hydro storage systems near old coal-fired power generators has some advantages, such as access to transmission lines – although more will be needed as electricity demand increases. But plenty of other suitable sites exist, too.

    Filling the gaps

    Pumped hydro is a cheap, mature technology that currently provides more than 90% of the world’s electrical energy storage.

    It involves pumping water uphill from one reservoir to another at a higher elevation for storage. Then, when power is needed, water is released to flow downhill through turbines, generating electricity on its way to the lower reservoir.

    Together with battery storage, pumped hydro solves the very real problem of keeping the grid stable and reliable when it is dominated by solar and wind power.

    By 2030, 82% of Australia’s electricity supply is expected to come from renewables, up from about 40% today.

    But solar panels only work during the day and don’t produce as much power when it’s cloudy. And wind turbines don’t generate power when it’s calm. That’s where storage systems come in. They can charge up when electricity is plentiful and then release electricity when it’s needed.

    Grid-connected batteries can fill short-term gaps (from seconds to a few hours). Pumped hydro can store electricity overnight, and longer still. These two technologies can be used together to supply electricity through winter, and other periods of calm or cloudy weather.

    Two types of pumped-storage hydropower, one doesn’t require dams on rivers.
    NREL

    Finding pumped hydro near the Coalitions’s proposed nuclear sites

    Australia has three operating pumped hydro systems: Tumut 3 in the Snowy Mountains, Wivenhoe in Queensland, and Shoalhaven in the Kangaroo Valley of New South Wales.

    Two more are under construction, including Snowy 2.0. Even after all the cost blowouts, Snowy 2.0 comes at a modest construction cost of A$34 per kilowatt-hour of energy storage, which is ten times cheaper than the cost CSIRO estimates for large, new batteries.

    We previously developed a “global atlas” to identify potential locations for pumped hydro facilities around the world.

    More recently, we created a publicly available tool to filter results based on construction cost, system size, distance from transmission lines or roads, and away from environmentally sensitive locations.

    In this new analysis, we used the tool to find pumped hydro options near the sites the Coalition has chosen for nuclear power plants.

    Mapping 300 potential pumped hydro sites

    The proposed nuclear sites are:

    • Liddell Power Station, New South Wales
    • Mount Piper Power Station, New South Wales
    • Loy Yang Power Stations, Victoria
    • Tarong Power Station, Queensland
    • Callide Power Station, Queensland
    • Northern Power Station, South Australia (small modular reactor only)
    • Muja Power Station, Western Australia (small modular reactor only).

    We used our tool to identify which of these seven sites would instead be suitable for a pumped hydro project, using the following criteria:

    • low construction cost (for a pumped hydro project)

    • located within 85km of the proposed nuclear sites.

    We included various reservoir types in our search:

    Exactly 300 sites matched our search criteria. No options emerged near the proposed nuclear site in Western Australia, but suitable sites lie further north in the mining region of the Pilbara.

    One option east of Melbourne, depicted in the image below, has a storage capacity of 500 gigawatt-hours. Compared with Snowy 2.0, this option has a much shorter tunnel, larger energy capacity, and larger height difference between the two reservoirs (increasing the potential energy stored in the water). And unlike Snowy 2.0, it is not located in a national park.

    Of course, shortlisted sites would require detailed assessment to confirm the local geology is suitable for pumped hydro, and to evaluate potential environmental and social impacts.

    More where that came from

    We restricted our search to sites near the Coalition’s proposed nuclear plants. But there are hundreds of potential pumped hydro sites along Australia’s east coast.

    Developers can use our free tool to identify the best sites.

    So far, the Australian electricity transition has mainly been driven by private investment in solar and wind power. With all this renewable energy entering the grid, there’s money to be made in storage, too.

    Large, centralised, baseload electricity generators, such as coal and nuclear plants, are becoming a thing of the past. A smarter energy policy would balance solar and wind with technologies such as pumped hydro, to secure a reliable electricity supply.

    Timothy Weber receives funding from the Australian government Department of Foreign Affairs and Trade, and the Australian Centre for Advanced Photovoltaics.

    Andrew Blakers receives funding from the Australian government Department of Foreign Affairs and Trade and other organisations.

    – ref. Why build nuclear power in place of old coal, when you could have pumped hydropower instead? – https://theconversation.com/why-build-nuclear-power-in-place-of-old-coal-when-you-could-have-pumped-hydropower-instead-252017

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Nations: Enabling inclusivity by gender mainstreaming the quality infrastructure for trade

    Source: United Nations Economic Commission for Europe

    Background

    Standards shape the products that surround us. They also help facilitate trade. It is important to ensure that all human beings are properly represented in the processes that develop the standards that affect them, especially women and that this gender mainstreaming remains constant throughout the quality infrastructure for trade.

    Building upon work within the UNECE Working Party on Regulatory Cooperation and Standardization Policies (WP.6), this project will raise awareness and build capacity on gender mainstreaming in standards development bodies and the government agencies involved in the quality infrastructure for trade.

    The work undertaken so far revealed that the main challenge for standards development organizations is to develop a workable gender action plan and to roll this out. The UNECE Guidelines on the topic provide a clear way forward to increase inclusiveness and ensure a gender lens to standards development. This project aims to tackle some of the remaining challenges:

    • building the consensus and buy-in;
    • making sure that the gender action plan is not just words on paper but actionable targets;
    • verifying that the results are effective;
    • developing recommendations on the best way forward…

    Objective

    This launch event will mark the start of this project in Georgia. It will bring together the main actors in the quality infrastructure for trade and outline the work which has already been achieved internationally in relation to gender-responsive standards. It will then explore how this can be rolled out to other bodies involved in the quality infrastructure for trade.

    The first day shall be a conference open to a wide audience laying down the basic principles of gender mainstreaming in standards development and in the processes linked to quality infrastructure for trade.

    The second day shall be a closed workshop for a targeted group of experts from each of the relevant quality infrastructure bodies who will be directly working on this project over the next two years.

    Target audience

    Target institutions include agencies with a remit on metrology, market surveillance, conformity assessment, accreditation, standardization, laboratory testing and all other stakeholders involved in the quality infrastructure for trade.

    Draft agenda

    20 February 2025, workshop aimed at enabling the team who will work on this project meet the objectives

    21 February 2025, conference

    • Opening and welcome remarks
      • Ariel Ivanier, Chief, Market Access Section, United Nations Economic Commission for Europe (UNECE) [Bio & PPT]

      • Erik Andermo, Economist, Office of the UN Resident Coordinator (RCO) [Bio & PPT]

      • Mariam Gabunia, Head of the Foreign Trade Policy Department, Ministry of Economy and Sustainable Development
      • Davit Tkemaldze, Director General, Georgian National Agency for Standards and Metrology (GeoSTM) [Bio & PPT]
      • Giorgi Chitadze, Deputy Director General, Georgian Accreditation Center [Bio & PPT]
    • Keynote speech
      • Nino Elizbarashvili, Association Women in Business
    • Case study
      • Karin Lindmark, Head of Technical Policies and Standardization Services, Swedish Institute for Standards (SIS) [Bio & PPT]
    • Why quality infrastructure?
      • Lance Thompson, Head Regulatory Cooperation Unit, UNECE [Bio & PPT]
      • Nino Manvelidze [Bio & PPT]
    • Why gender mainstreaming?
      • Lance Thompson, UNECE [PPT2]
      • Rachel Miller, International Organization for Standardization (ISO) [Bio & PPT] 
      • Karin Lindmark, SIS

    Lunch break

    • Basics of gender
      • Rachel Miller, ISO
      • Karin Lindmark, SIS
      • Nino Elizbarashvili, Association Women in Business
      • Ketevan Shubashvili, UN Women
    • Gender perspectives in trade policy and standards
      • Ariel Ivanier, UNECE
      • Nino Manvelidze
    • Lessons learned from gender-responsive standards
      • Lance Thompson, UNECE [PPT3]
      • Rachel Miller, ISO
    • Barriers and enablers for gender mainstreaming in quality infrastructure
      • Rachel Miller, ISO

    MIL OSI United Nations News –

  • MIL-OSI Security: John A. Sarcone III’s Remarks Upon his Swearing-In as United States Attorney

    Source: Office of United States Attorneys

    ALBANY, NEW YORK – United States Attorney John A. Sarcone III made these remarks today upon his swearing-in at the James T. Foley U.S. Courthouse:

    Thank you, Chief Judge Sannes. Thank you to the Judges of the Northern District of New York, to Clerk of the Court John Domurad, and to First Assistant U.S. Attorney Dan Hanlon, who has ably assisted me with the onboarding process.

    I would like to first thank my family for the support and love throughout my life and career, My Wife Cecilia and Children who could not join us today, John Anthony (a Junior at Penn State) and Francesca (a freshman at the Darla Moore School of Business at the University of South Carolina) and Juliet, a sophomore at Croton Harmon High School who is missing school to be here.

    Also present are my Mom Deann, my sister Jennifer Genes, Aunt Jane Fiorito and cousins Bill and Janet Tuttle, Cousin Bruce Fiorito and his wife Lorraine, thank you for your steadfast support.

    To my brothers Michael and Raymond and their families who could not join us today and extended Sarcone, Fiorito and Hickey families and my wife Cecilia’s family, thank you for your love and support.

    Thanks, and a big shout out to my close confidante and friend Ola Hawatmeh.

    My dear friends Father Douglas Crawford and Rabbi Abraham Klein. Thank you for joining me today.

    Thank you, Governor George Pataki, for all your support throughout the years.

    I would like to recognize Senate Leader Rob Ortt, Senator Bill Weber, Assembly Leader Will Barclay, Assemblyman Robert Smullen, my dear friends Chairman Douglas Colety and Chairman Don Minichino, who took time out of their busy schedules to join me today.

    Thank you, Ambassador Elise Stefanik, for your support of my appointment.

    Also joining me are my Dear friend, mentor and former law partner, NYS Appellate Division 2nd Department Justice Mark Dillon and his wife Michelle, my longtime friend and colleague Maury Heller, Al Buonamici, and mentor in everything election law John Ciampoli.

    Thanks to some very special friends who believed in me and fought with me in the political trenches for the past 10 years, Former Congressman John Sweeney, White House Counsel David Warrington, First Deputy White House Counsel Gineen Bresso, Deputy White House Counsel Stuart McCommas.

    And to all friends and colleagues who traveled to Albany today to witness my swearing-in on this most sacred and blessed day, THANK YOU.

    Incidentally, the family bible that I swore my oath on was passed down from my great grandmother Jennie Curtis Hickey to my grandmother Dorothy “Dot” Hickey Fiorito and to my mom Deann Sarcone. I chose today to be sworn in to honor my late grandmother Dot! I was also spiritually moved when my brother Raymond pointed out the date Attorney General Bondi signed the Order appointing me to this most prestigious position, February 28. That day would have been my father’s 87th birthday, whom we lost 35 years ago.

    During the first Trump Administration, I had the privilege and honor of serving as the 14th Regional Administrator for the United States General Services Administration, Northeast Caribbean Region. My jurisdiction included the Northern District of New York and this historic courthouse.

    These federal courthouses mean something – they project the majesty and authority of our government. Everyone knows that important work is going on inside.

    I am honored to be welcomed again into this building, this time as U.S. Attorney, to lead the men and women of the U.S. Attorney’s Office for the Northern District of New York, who are doing the important work of representing the United States in enforcing its laws both civil and criminal.

    Since I was appointed U.S. Attorney two weeks ago, here are just some of the great results this office has achieved:

    • A Nigerian citizen, who has been illegally present in this country for decades and living under stolen identities, pled guilty to bank fraud and money laundering conspiracies that caused $1.7 million in losses;
    • A North Country woman pled guilty to her role in an alien smuggling conspiracy that left a Romanian family of four dead in the St. Lawrence River; and
    • A former music teacher was convicted after trial of transporting students across state lines, and raping and sexually abusing them.

    These cases are each the result of close collaboration between AUSAs and our law enforcement partners. My goal is to continue this great work, and to implement the mandate by President Trump and task of Attorney General Pam Bondi to restore public confidence in our justice system. I am humbled and honored that President Trump and Attorney General Bondi have placed their faith and trust in me to carry forth that mandate as the chief federal law enforcement officer in this district.

    Which leads me to this subject – what makes a good prosecutor? It’s not what college or law school you went to, or whether you have been a career prosecutor, as recent events show. What matters is judgment.

    A good prosecutor has wisdom, common sense, a strong moral and ethical compass, a sense of fairness and empathy, coupled with legal skills and acumen honed over time and from a diversity of representations and matters. As recent events have also shown, there’s just no substitute for common sense. For instance, we recently witnessed the heads of Ivy League institutions equivocate on whether calling for the genocide of Jews by a minority of its students and others violates their own rules.

    I believe the prosecutorial power, and discretion, is best entrusted to those with the full breath of professional and life experiences, from which common sense, wisdom and informed judgment emerge. With these values in mind, I look forward to working together with everyone at the U.S. Attorney’s Office, in collaboration with our dedicated Federal, State and Local law enforcement agencies, in pursuit of honest, transparent, non-political enforcement of federal laws and to restore public confidence in our federal government and our Justice Department.

    As United States Attorney leading this office, I will prioritize our resources to keep our northern border secure; to work with federal, state and local authorities to maintain safe communities; root out public corruption; protect our seniors from being victimized by endless scams and consumer fraud; to end lawlessness and willful disregard for Federal laws; keep our kids safe from illegal drugs; and combat human trafficking.

    I pledge to dedicate steadfast resources to root out hate crimes of all kinds and will not tolerate violations of college students’ rights to be free from harassment or threats because of their religious beliefs and I give fair warning to university leaders that our reach will not stop at prosecuting those who choose to violate our laws but also those who knowingly support any violations in any way, shape or form.

    In conclusion, I am honored and humbled to be standing here before you, my family, friends, colleagues, distinguished guests and our amazing Judges of the Northern District of New York. Thank you all for honoring me with your presence.

    MIL Security OSI –

  • MIL-Evening Report: Stop waiting for a foreign hero: NZ’s supermarket sector needs competition from within

    Source: The Conversation (Au and NZ) – By Lisa M. Katerina Asher, Retail Academic Researcher, PhD Candidate & Sessional Academic, University of Sydney

    non c/Shutterstock

    New Zealand’s concentrated supermarket sector is back in the spotlight after Finance Minister Nicola Willis said she was open to offering “VIP treatment” to a third international player willing to create competition.

    However, New Zealanders hoping for a foreign hero to break up the current supermarket concentration will be waiting a long time.

    It could take five years or more for an international brand such as Aldi to enter New Zealand and establish a nationwide chain. It is a risky bet. So far, no foreign operator has expressed interest publicly in setting up shop here on a national scale.

    To create more competition in the supermarket sector, the New Zealand government needs go back to where the issues began: allowing multiple companies to merge until there were few alternatives for shoppers.

    Breaking up two of the major entities in the sector would be a relatively quick way to reintroduce competition and improve affordability for everyone.

    The rise in concentration

    The current state of New Zealand’s supermarket sector – dominated by Woolworths (formerly Countdown), Foodstuffs North Island and Foodstuffs South Island – is a result of successive mergers and acquisitions along two tracks.

    The first was Progressive Enterprises’ (owner of Foodtown, Countdown and Five Guys banners) purchase of Woolworths New Zealand (which also owned Big Fresh and Price Chopper) in 2001.

    Progressive Enterprises was sold to Woolworths Australia, its’ current owner, in 2005. In less than 25 years, six brands owned by multiple companies were whittled down to a single brand, Woolworths.

    The second was the concentration of the “Foodstuffs cooperatives” network. This network once included four regional cooperatives and multiple banners including Mark’n Pak and Cut Price, as well as New World, PAK’nSave and Four Square.

    The decision of the four legally separate cooperatives to include “Foodstuffs” in their company name blurred the lines between them. The companies looked similar but remained legally separate.

    As a result of mergers, these four separate companies have now become Foodstuffs North Island – franchise limited share company, operating according to “cooperative principlies” and Foodstuffs South Island, a legal cooperative.

    In a recent failed application to merge into one company, Foodstuffs North Island and Foodstuffs South Island admitted to sharing information between the two legally separate companies. They are also not meaningfully competing with each other as they operate in regions which do not overlap.

    Breaking up the current players to compete

    While the Commerce Commission declined the clearance for Foodstuffs North Island Limited and Foodstuffs South Island to merge into one single national grocery entity, more can be done to drive competition in the supermarket sector.

    The fastest option would be to break up the “Foodstuffs” companies into smaller entities, with the breakaway and re-branding of PAK’nSave across both islands.

    But to do this the government would need to update legislation to allow parliament to force divestiture, consistent with the United Kingdom and the United States.

    This would allow New Zealand to go from three supermarket companies to five or more in a short period of time.

    Reducing the power dependency of suppliers and customers on the current companies would also reduce barriers to entry for overseas brands.

    Global players will take too long

    Breaking up the local dominant supermarket players is simply faster, and more straightforward, than waiting for a foreign company to enter New Zealand. It takes time and is expensive to build scale with stores. It can also be risky, as recent history in Australia shows.

    Aldi Australia, a favourite of New Zealand consumers hoping for a global alternative, took 20 years to reach scale as a third major player in that country. Originally from Germany, Aldi entered Australia as a declining brand – Franklins – left the market.

    In 2017, another German company, Kaufland, announced ambitious plans to enter the Australian market, starting with 20 stores. It purchased its first site in 2018 and hired 200 staff. However, the company abandoned launch plans in 2020 and divested completely from the market.

    Additionally, it took US-based bulk retail store Costco three years – and NZ$100 million – to go from announcing its plans for one New Zealand store to open. The retailer has hinted at opening a second location but this has not yet happened.

    In the end, the solution to New Zealand’s concentrated supermarket sector needs to come from within. Breaking up the power held by the dominant supermarket companies will allow prices to come down more quickly than waiting for a foreign supermarket to arrive.

    The government allowed the market to become concentrated, so it can now fix it. An international brand is not the hero – local, New Zealand-owned competition is.

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

    – ref. Stop waiting for a foreign hero: NZ’s supermarket sector needs competition from within – https://theconversation.com/stop-waiting-for-a-foreign-hero-nzs-supermarket-sector-needs-competition-from-within-251910

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Supply & Demand Chain Executive Names AutoScheduler.AI Executives as 2025 Pros to Know

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, March 17, 2025 (GLOBE NEWSWIRE) — AutoScheduler.AI, an innovative Warehouse Orchestration Platform and WMS accelerator, announces that Keith Moore, CEO, and Jeff Potts, Chief Customer Officer, are winners of this year’s Pros to Know Award given by Supply & Demand Chain Executive, the only publication covering the entire global supply chain. This award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders leveraging the supply chain for competitive advantage. Keith Moore is recognized in the Rising Stars category, and Jeff Potts is recognized in the Leaders in Excellence category.

    “Jeff Potts is a great asset for the company with over 30 years of experience in the supply chain industry and truly deserves to be recognized as a Leader in Excellence,” says Keith Moore, CEO of AutoScheduler.AI. “He uses his strategy, analytics, and the best talent to target new customers and markets while deepening engagement with existing clients. I am honored to be recognized again in the Rising Star category for this prestigious award.”

    “Many of today’s supply chain pros are more than just leaders within their space; they’re true pioneers of change. This year’s list of winners really pushed the boundaries in all facet, creating, implementing, transforming, innovating, reinventing, and collaborating. They executed on all fronts, over-delivering and over-performing. They are true professionals to know in the supply chain space,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive and co-founder of the Women in Supply Chain Forum.

    Jeff Potts is the Chief Customer Officer of AutoScheduler.AI. He is responsible for all aspects of expanding customer business for the company. Jeff focuses on improving sales performance, creating great product and pricing strategies, and delivering customer satisfaction.

    Keith Moore is the CEO of AutoScheduler.AI. He is responsible for providing organization-wide strategic oversight and establishing external engagement and development initiatives. He spends most of his time working with his customers to deliver supply chain solutions focused on driving efficiency in distribution centers.

    AutoScheduler.AI ushers in a new era as the brains of a warehousing operation and is the only solution on the market designed to optimize operational activity to decrease touches and increase capacity per headcount. AutoScheduler.AI helps businesses manage what they need today to succeed while predicting what they need in the future to meet the increased demand in labor, space, and time.

    Go to https://sdce.me/51zgjx6o to view the full list of winners.

    About AutoScheduler.AI

    AutoScheduler.AI empowers you to take full control of your warehouse with a cloud-based solution that seamlessly integrates with your existing WMS/LMS/YMS or any other solution. We automate critical tasks like labor scheduling, dock management, and task sequencing, ensuring everything runs smoothly and efficiently. You’ve already invested in the software to run your warehouse—what we do is provide the orchestration layer that ties it all together to make real-time data driven decisions. With AutoScheduler.AI, you get smart orchestration for a smarter, more agile warehouse. For more information, visit: http://www.autoscheduler.ai.

    About Supply & Demand Chain Executive

    Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Supply & Demand Chain Executive and its sister publication, Food Logistics, also operate SCN Summit and the Women in Supply Chain Forum. Go to www.SDCExec.com to learn more.

    About IRONMARKETS 

    IRONMARKETS, formerly known as AC Business Media, is a leading business-to-business media and buyer engagement platform with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving, rental, sustainability, landscape, manufacturing, logistics, and supply chain markets. IRONMARKETS delivers relevant, cutting-edge content through its industry-leading digital properties, trade shows, conferences, videos, magazines, webinars, and newsletters. Learn more at https://www.iron.markets.

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

    The MIL Network –

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Antigua and Barbuda

    Source: IMF – News in Russian

    March 17, 2025

    Washington, DC: On March 13, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Antigua and Barbuda and endorsed the staff appraisal without a meeting on a lapse-of-time basis. The authorities need more time to consider the publication of the Staff Report prepared for this consultation.[2]

    Antigua and Barbuda’s post-pandemic economic expansion is continuing. Real output is estimated to have surpassed pre-pandemic levels in 2024, with growth estimated at 4.3 percent, driven by strong tourism and one-off events (including the 4th International Conference on Small Island Developing States and the T20 Cricket World Cup). Inflation was elevated in 2024, reflecting contributions from specific items, notably communication, as well as increases in indirect taxes.

    The recovery in nominal GDP, along with improved fiscal balances, brought down the public debt from around 100 percent of GDP in 2020 to 67 percent in 2024. However, gross financing needs are projected to remain around 10 percent of GDP in the medium term. Substantial domestic and external arrears, albeit with domestic arrears uncertain in size, have limited financing options. The fiscal primary balance improved to 4.6 percent in 2024, aided by indirect tax increases, a broader economic recovery, and one-off factors (e.g., nearly 2 percent of GDP from an asset forfeiture and unusually low capital spending). The 2025 Budget envisages stronger tax revenues and higher capital spending.

    According to Eastern Caribbean Central Bank (ECCB) preliminary estimates, the current account deficit narrowed to 7 percent of GDP in 2024, reflecting both a higher service trade balance—mainly tourism receipts—and a smaller goods deficit due to a contraction in imports. FDI inflows were resilient to tightening global financial conditions and continued to support ongoing hotel construction. Credit growth is recovering, with nonperforming loans contained.

    Executive Board Assessment[3]

    In concluding the 2025 Article IV consultation with Antigua and Barbuda, Executive Directors endorsed the staff’s appraisal, as follows:

    Antigua and Barbuda’s post-pandemic economic expansion continues. Economic activity, boosted by tourism, is estimated to have surpassed pre-pandemic levels. As the recovery matures, staff projects economic growth to moderate from 3 percent in 2025 to 2½ percent over the medium term. After an increase in inflation in 2024, in part reflecting one-off factors, underlying price pressures are expected to dissipate. The external position in 2024 is assessed to be moderately weaker than the level implied by medium term fundamentals and desirable policies. Efforts to raise revenue and address debt and fiscal challenges bore fruit in 2024, though further steps will be needed to restore debt sustainability, address the stock of outstanding arrears, and reduce gross financing needs in the medium term.

    Risks are currently tilted to the downside, although upside risks are also present. Downside risks emanate from elevated uncertainty about the global outlook; a deepening of geoeconomic fragmentation; commodity price volatility; climate-related vulnerabilities; and capacity constraints in the construction sector. Upside risks stem from stronger demand for tourism; improved air connectivity; new cruise port facilities; hosting of special events; and the intensification of productivity-enhancing structural reforms, which could support higher medium- and long-term growth.

    Addressing external and domestic arrears is key to broadening financing options. While the fall in nominal debt in 2024 is welcome, outstanding arrears to domestic suppliers and to the Paris Club remain obstacles to debt sustainability and constrain Antigua and Barbuda’s potential access to external and domestic financing. Given the additional vulnerabilities stemming from climate change and the resulting substantial adaption and resilience-building investment needs, efforts to address the current debt challenges, bolster government revenues, and improve public financial management are all the more critical. 

    Recent improvements in tax revenue are welcome, with further domestic revenue mobilization needed in the medium term to ensure fiscal sustainability. Antigua and Barbuda’s tax revenues remain below the authorities’ fiscal resilience guideline targets and are low by peer country standards. The authorities’ 2024 Budget measures have started to close the gap, but more will be needed in the medium term. To mobilize revenue without recourse to a personal income tax or higher ABST rates, near-term priorities could include tighter control of tax exemptions, transitioning to HS2022 classification in customs, and modernizing the framework for property taxation. Intensifying efforts to introduce a single window system at customs and to operationalize systems to allow e-filing, e-payment and e-registration of taxes is warranted. Introducing a large taxpayer unit as well as modernized IT systems would strengthen tax administration.

    Better targeted social assistance would enhance inclusion while curbing inefficiencies. The current framework of social protection is fragmented across sectors and ministries. Staff sees scope to streamline these social programs to reduce overlap and tailor social assistance to the most vulnerable households. In this vein, staff encourages the development of a centralized information system or unified database to maintain accurate records of all beneficiaries, track support received, and identify gaps or duplications in coverage.

    Room remains to strengthen fiscal institutions and oversight, building on recent progress. The operationalization of the Fiscal Responsibility Oversight Committee is welcome. To promote transparency and help build public understanding, staff encourages publication of FROC reports once further experience has been gained. These goals would also be served by parliamentary endorsement of the Fiscal Resilience Guidelines and the medium-term fiscal framework. Statutory exemptions should be consistent with the Antigua and Barbuda Investment Authority Act and the Antigua and Barbuda Investment Authority should monitor the approved projects. The envisaged reestablishment of the SOE unit in the Ministry of Finance would enhance SOE oversight and contain potential fiscal risks.

    To reinforce financial stability and build on efforts to promote financial inclusion, regional coordination remains key. Staff assesses the financial sector to be broadly stable, with credit growth recovering and non-performing loans approaching prudential levels. The launch of the regional credit bureau can promote faster access to credit while maintaining lending standards. The ECCB-led climate risk initiatives and the regional partial credit guarantee scheme should also boost credit quality and financial intermediation. A more risk-based supervisory framework for credit unions, with enhanced monitoring of asset quality and credit forbearance measures in the context of the planned regional common regulatory standards, would help put credit unions and banks on a more level playing field. The inclusion of the ECCB in the National Oversight Committee on Financial Action improves coordination among supervisory authorities. The increase in investment thresholds for the Citizenship by Investment Program and the improved due diligence process can help safeguard the program’s integrity. 

    Intensifying reforms to improve the business environment would support potential growth by improving the allocation of resources between firms and addressing obstacles to firms’ operations. Staff analysis finds potential for large aggregate productivity gains from the reallocation of resources between firms, and scope to continue addressing obstacles that firms report in areas such as workforce education, access to finance, and customs and trade regulations. Targeted efforts to increase educational opportunities, employer‑employee matching at the One Stop Employment Centre, and the completion of the Skills Demand Survey, are warranted. Offering courses at local institutions could increase financial literacy among MSMEs, and implementing the single electronic window at customs would increase the efficiency of importing and exporting of goods.

    Table 1. Antigua and Barbuda: Selected Economic and Financial Indicators

     

    Population (2023)

    102,195

    Adult literacy rate (2015)

    99

    GDP per capita (US$, 2023)

    19,627

    Mean years of schooling (2022)

    10.5

    Life expectancy at birth (years, 2022)

    79.2

    Human Development Index rank

    54

    Mortality rate (under 5, per 1,000 live births, 2022)                    10                                        (2022, of 193 economies)

     

     

     

     

     

     

     

    Est.

    Projections

    2020

    2021

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    National Income and Prices

    Real GDP

    -18.9

    8.2

    9.1

    2.4

    4.3

    3.0

    2.5

    2.5

    2.5

    2.5

    Nominal GDP

    -18.2

    13.5

    16.5

    7.5

    10.9

    6.7

    5.0

    4.6

    4.5

    4.5

    Consumer prices (end of period)

    2.8

    1.2

    9.2

    3.3

    6.0

    3.0

    2.0

    2.0

    2.0

    2.0

    Consumer prices (period average)

    1.1

    1.6

    7.5

    5.1

    6.4

    3.5

    2.4

    2.0

    2.0

    2.0

     

    Money and Credit

    Net foreign assets

    -4.4

    18.2

    3.3

    0.2

    3.3

    3.2

    3.8

    2.5

    1.3

    0.3

    Net domestic assets

    -0.6

    -4.4

    1.3

    4.4

    -1.3

    6.4

    1.3

    2.0

    3.2

    4.2

    Broad money (M2)

    -8.7

    13.9

    4.6

    4.6

    2.1

    9.5

    5.0

    4.6

    4.5

    4.5

    Credit to private sector

    4.8

    -4.1

    -2.1

    7.0

    10.2

    6.0

    5.5

    5.0

    5.0

    5.0

     

    Central Government

    Primary balance

    -3.7

    -2.3

    -0.3

    0.5

    4.6

    0.7

    0.8

    0.9

    1.0

    1.0

    Overall balance

    -6.2

    -4.5

    -2.8

    -1.7

    2.5

    -1.3

    -1.0

    -0.7

    -0.6

    -0.5

       Total revenue and grants

    19.8

    18.9

    17.9

    17.1

    21.4

    19.9

    20.1

    20.2

    20.1

    20.0

       Total expenditure

    26.0

    23.4

    20.7

    18.8

    18.9

    21.2

    21.1

    20.9

    20.7

    20.5

     

    External Sector

    Current account balance

    -15.6

    -17.8

    -15.6

    -13.5

    -7.0

    -10.5

    -10.2

    -10.1

    -9.8

    -9.5

    Trade balance

    -28.6

    -29.6

    -34.4

    -32.8

    -28.2

    -30.4

    -30.3

    -30.2

    -30.0

    -29.9

    Nonfactor service balance

    17.3

    19.5

    28.2

    28.4

    30.4

    28.8

    29.1

    29.4

    29.6

    29.9

       Of which: Gross tourism receipts

    29.2

    30.5

    44.4

    45.4

    46.8

    46.7

    47.2

    47.7

    48.1

    48.5

    Overall balance

    -6.5

    3.5

    -0.1

    -2.5

    0.5

    0.9

    1.5

    -0.1

    -1.1

    -1.4

    External public sector debt

    47.5

    45.5

    39.4

    36.0

    30.9

    31.1

    34.5

    37.3

    39.7

    39.0

     

    Savings-Investment Balance

    -15.6

    -17.8

    -15.6

    -13.5

    -7.0

    -10.5

    -10.2

    -10.1

    -9.8

    -9.5

    Savings

    22.4

    28.4

    25.4

    25.3

    28.0

    25.6

    25.2

    25.0

    24.8

    24.7

    Investment

    38.0

    46.2

    41.0

    38.8

    35.0

    36.1

    35.4

    35.0

    34.6

    34.2

     

    Memorandum Items

    Net imputed international reserves (US$ million)                      222          324           346           319          322           375           443

    491

    517

    524

      (Months of prospective imports)

    3.1

    3.2

    3.3

    3.1

    2.7

    3.0

    3.4

    3.6

    3.6

    3.5

    GDP at market prices (EC$ million)

    3,811

    4,326

    5,040

    5,416

    6,007

    6,408

    6,731

    7,037

    7,353

    7,684

    Public debt stock (EC$ million) 1/, 2/

    3,829

    4,021

    4,134

    4,134

    4,028

    4,063

    4,265

    4,410

    4,502

    4,601

      (Percent of GDP)

    100.5

    93.0

    82.0

    76.3

    67.1

    63.4

    63.4

    62.7

    61.2

    59.9

    Sources: Country authorities, ECCB, UN Human Development Report, World Bank, and IMF staff estimates and projections.

    1/ Includes stock of principal and interest arrears, unpaid vouchers, and suppliers’ credits.

    2/ Includes central government guarantees of state enterprises’ and statutory bodies’ debt.
                                 

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The authorities have requested additional time to decide on the publication of the staff report. A final decision is expected not later than 28 days from the Board consideration date.

    [3] The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Meera Louis

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/03/17/pr25067-antigua-and-barbuda-imf-executive-board-concludes-2025-article-iv-consultation

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI United Nations: FAO warns of ‘unprecedented’ avian flu spread, in call for global action

    Source: United Nations MIL OSI

    Health

    The rapid spread of the highly infectious avian flu virus H5N1 has reached an “unprecedented” scale, wiping out hundreds of millions of birds worldwide and increasingly spilling over into mammals, the UN Food and Agriculture Organization (FAO) warned on Monday.

    Briefing Member States in Rome, FAO officials called for urgent action to strengthen biosecurity, surveillance and rapid-response mechanisms to curb the outbreak.

    FAO Deputy Director-General Godfrey Magwenzi stressed that the crisis threatens to have “serious impacts on food security and food supply in countries, including loss of valuable nutrition, rural jobs and income, shocks to local economies, and of course increasing costs to consumers.”

    With millions relying on poultry for meat and eggs, the challenge is not only to contain the virus but also to protect food production systems.

    The economic impact is also being felt worldwide. For example, egg prices reached a record high in the United States during February according to the US Consumer Price Index, with farmers forced to slaughter over 166 million birds so far in total as avian flu has spread – mostly egg-laying chickens.

    So far this year more than 30 million birds in the US have been killed, according to news reports.

    Coordinated response needed

    FAO Deputy Director-General Beth Bechdol underlined the need for a global, coordinated response, calling H5N1 a “transboundary” threat that no country can tackle alone.

    To address the crisis, FAO and the World Organisation for Animal Health (WOAH) have launched a ten-year Global Strategy for the Prevention and Control of High Pathogenicity Avian Influenza.

    “A chain is only as strong as its weakest link. By working together, we can reduce the impact of avian influenza and protect both animal and human health – locally and globally,” Ms. Bechdol said.

    Over the past four years, H5N1 has expanded to new regions, causing massive losses in domestic birds, disrupting food supplies and pushing poultry prices higher.

    At least 300 new wild bird species have been affected since 2021, posing a serious threat to biodiversity.

    Collective action and innovation

    FAO reaffirmed its commitment to global monitoring, data sharing and technical guidance to help countries contain the virus.

    Ms. Bechdol also stressed the importance of private sector engagement, particularly in developing vaccines, diagnostics and high-quality animal health services.

    The briefing also included a third call for funding proposals under the Pandemic Fund, hosted by the World Bank.

    Over the past two years, FAO has co-led dozens of Pandemic Fund projects aimed at strengthening disease surveillance, early warning systems and health infrastructure to prevent future outbreaks.

    MIL OSI United Nations News –

  • MIL-OSI USA: SBA Announces 2025 National Small Business Week Program and Specialty Award Winners

    Source: United States Small Business Administration

    WASHINGTON — Today, the U.S. Small Business Administration announced the national program and specialty award winners for SBA’s 2025 National Small Business Week, which will take place May 4-10, 2025. These awards recognize businesses and resource partners for their efforts in government contracting and disaster recovery as well as individual awards for exporter, small business investment company and surety bond agent of the year.

    “The Small Business Administration is proud to recognize excellence across our small businesses and key resource partners,” SBA Administrator Kelly Loeffler said. “As we prepare to highlight just a few of the many success stories during National Small Business Week, we are laser-focused on our mission to empower American job creators and drive economic growth.”

    Government Contracting-related Awards

    8(a) Graduate of the Year: Owner/President Gina Hill, G.M. Hill Engineering Inc., Jacksonville, Fla.

    Small Business Prime Contractor of the Year: President and CEO Karen Renee Paschal, Conco Inc., Louisville, Ky.

    Small Business Subcontractor of the Year: President and CEO Antonio Martinez, Renaissance Global Services LLC, Holmdel, N.J.

    Dwight D. Eisenhower Awards for Excellence

    These awards recognize small business prime contractors that have excelled in using small businesses as suppliers and subcontractors in various industries.

    • Construction: Vice President, Contracts and Compliance Glenn Sweatt, Environmental Chemical Corporation, Burlingame, Calif.
    • Manufacturing: Executive Director, Supplier Diversity and Sustainability Rondu Vincent, Bristol Myers Squibb, Lawrence Township, N.J.
    • Services: Small Business Liaison Officer and Senior Manager of Supply Chain Excellence Lisa Tanner, Savannah River Nuclear Solutions, Aiken, S.C.

    Phoenix Awards for Disaster Recovery

    These awards recognize inspiring resilience in the aftermath of devastating natural disasters and outstanding contributions toward recovery efforts.

    Small Business: Luis and Amy Fuentes Ruiz, Island Catering LLC, Lahaina, Hawaii

    Outstanding Contributions, Public Official: Mayor Jennifer Linam Hobbs, Wynne, Ark.

    Outstanding Contributions, Volunteer: Senior Pastor John Grayson, Gospel Tabernacle Church, Selma, Ala.

    SBA Resource Partner Awards

    These awards recognize SBA-funded training and assistance partners for their impact on local economic growth, job creation and entrepreneurial support.

    SCORE Chapter of the Year: SCORE Greater Seattle, Seattle, Wash., led by Chapter Chair Suvendoo Ray

    Small Business Development Center Excellence and Innovation Center Award: Angelo State University Small Business Development Center, San Angelo, Texas, led by Director Dezaray Kathlaine Johnson

    Women’s Business Center of Excellence Award: Women’s Business Center of Utah, Salt Lake City, Utah, led by Director Anne Marie Wallace

    Veterans Business Outreach Center of the Year: Veterans Business Outreach Center at University of Texas Arlington College of Business, Arlington, Texas, led by Director Patrick Alcorn

    Exporter of the Year

    President and CEO Louis Auletta and Senior Vice President, Sales and Marketing Michael Auletta, Bauer Inc., Bristol, Conn.

    Small Business Investment Company of the Year – Established Manager

    GMB Capital Partners, Minneapolis, Minn.

    Surety Bond Agent of the Year

    Vice President of Bond Operations Alicia Marasco, Capstone Risk Management Services, Las Vegas, Nev.

    Details on the National Small Business Week virtual summit, registrations and speakers are featured on National Small Business Week and will be updated as additional information and activities are confirmed. Local events will be featured on Find upcoming events and identifiable by searching with #SmallBusinessWeek.  

    # # #

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: Senators Coons, McCormick introduce bipartisan, bicameral bill to combat the flow of fentanyl

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons
    WASHINGTON – U.S. Senators Chris Coons (D-Del.) and Dave McCormick (R-Pa.) introduced the Joint Task Force to Counter Illicit Synthetic Narcotics Act of 2025 to combat the flow of fentanyl coming into American communities that is killing hundreds of thousands of Americans. This legislation would improve federal coordination to?combat this crisis, with a particular focus of responding to China’s central role in producing fentanyl precursors and laundering drug money.
    In addition to Senators Coons and McCormick, the bill is cosponsored by Senators Katie Britt (R-Ala.) and John Fetterman (D-Pa.). Representatives Dan Newhouse (R-Wash.), Jake Auchincloss (D-Mass.), John Moolenaar (R-Mich.), Raja Krishnamoorthi (D-Ill.), Neal Dunn (R-Fla.), Ro Khanna (D-Calif.), Dusty Johnson (R-S.D.), and Ritchie Torres (D-N.Y.) cosponsored the bill in the U.S. House of Representatives.
    “Fentanyl?continues to claim lives every day and?devastate?communities in Delaware and across the country,” said Senator Coons. “We know China is contributing to this crisis, and I’m proud to support the introduction of this bipartisan bill to determine how agencies can best coordinate to eliminate redundancies, maintain safeguards, and make our law enforcement efforts to address China’s role as effective as possible.”
    “Fentanyl killed nearly 4,000 Pennsylvanians last year and over 200 Americans each day,” said Senator McCormick. “This legislation would empower our federal government to coordinate all the tools at its disposal to combat the trafficking of lethal fentanyl that is ruining American families. I’ve heard from too many families who have lost their loved ones to fentanyl overdoses, I refuse to allow it to continue.”
    “The CCP is the leading force behind the fentanyl crisis, and the United States is failing to respond while they profit from the loss of American lives. This Joint Task Force will pool resources across the federal government and respond to this crisis with everything from sanctions to joint drug raids to keep this deadly substance out of our communities,” said Representative Newhouse. “This task force will help President Trump and his administration accomplish his goal of stopping the flow of fentanyl from China across our northern and southern borders.”
    “The U.S. government must take decisive action at every link of the illegal synthetic narcotic supply chain, beginning with China,” said Representative Auchincloss. “This Task Force would provide a coordinated framework to hold bad actors accountable for the state-sanctioned poisoning of Americans.”
    Improving federal coordination is critical to combatting fentanyl. This legislation establishes a Joint Task Force to Counter Illicit Synthetic Narcotics, which will be composed of representatives from the Departments of Justice, Treasury, Homeland Security, State, Commerce, Defense, the Office of the Director of National Intelligence, and any other agency deemed appropriate. Together, these agencies can conduct joint operations, enforce sanctions, disrupt trafficking networks, and address the central role of the People’s Republic of China in the opioid crisis.
    As Co-Chair of the Senate Law Enforcement Caucus, Senator Coons has worked across the aisle in the Senate to address America’s fentanyl crisis. He introduced the bipartisan Fentanyl Safe Testing and Overdose Prevention Act with Senator John Cornyn (R-Texas) in 2023, which aims to prevent deaths from fentanyl poisoning by increasing access to fentanyl test strips. Senator Coons also hosted a Senate Law Enforcement Caucus roundtable last year with Senator Cornyn to hear on-the-ground perspectives on the fentanyl and xylazine crises from Delaware and Texas and discuss ways to support law enforcement and public health officials. He also introduced a resolution designating May 7, 2024, as National Fentanyl Awareness Day with Senator Chuck Grassley (R-Iowa) to raise awareness and educate the public regarding the dangers posed by counterfeit fentanyl pills.

    MIL OSI USA News –

  • MIL-OSI: Coface SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 10, 2025 to March 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 10, 2025 to March 14, 2025

    Paris, 17 March 2025 – 17.45

    Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse1

    The main features of the 2024-2025 Share Buyback Program have been published on the Company’s website (http://www.coface.com/Investors/Disclosure-requirements, under “Own share transactions”) and are also described in the 2023 Universal Registration Document.

    Trading session
    of (Date)    		 Number
    of shares    		 Weighted
    average price    		 Gross amount MIC Code Purpose
    of buyback
    10/03/2025 12,000 16.5508 € 198,609 € XPAR LTIP
    11/03/2025 11,478 16.4003 € 188,243 € XPAR LTIP
    12/03/2025 9,000 16.5253 € 148,727 € XPAR LTIP
    13/03/2025 9,000 16.5720 € 149,148 € XPAR LTIP
    14/03/2025 8,500 16.7526 € 142,397 € XPAR LTIP
    Total 10/03/2025 – 14/03/2025 49,978 16.5498 € 827,125 €   LTIP

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA

    1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L.225-209 and seq. of the French Commercial Code; Article L.221-3, Article L.241-1 and seq. of the General Regulation of the French Market Authority (AMF); AMF Recommendation DOC-2017-04 Guide for issuers on their own shares transactions and for stabilization measures.

    Attachment

    The MIL Network –

  • MIL-OSI USA: SBA Relief Still Available to Illinois Small Businesses and Private Nonprofits Affected by the Orion Parkview Apartment Fire

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Illinois of the April 15, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the Orion Parkview Apartment Fire occurring on June 17, 2014. 

    The disaster declaration covers the counties of Cook, DuPage, Kane, McHenry and Will in Illinois, as well as Lake County in Indiana.   

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives and PNPs impacted by financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.   

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster. 

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.” 

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition. 

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. 

    The deadline to return economic injury applications is April 15, 2025. 

    ### 

    About the U.S. Small Business Administration 

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

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Minister Thomas-Symonds speech at the UK-EU Parliamentary Partnership Assembly

    Source: United Kingdom – Executive Government & Departments

    Speech

    Minister Thomas-Symonds speech at the UK-EU Parliamentary Partnership Assembly

    Minister Thomas-Symonds speech at the UK-EU Parliamentary Partnership Assembly

    It really is a pleasure to be here with you all today.

    But I do want to just begin, by joining Maros in wishing all our Irish friends a very happy St Patricks Day. 

    I’d also like to thank the Assembly…

    …especially the Chairs, Sandro and Marsha…

    …for giving Maros and I this opportunity to speak to you all today.

    And it is that idea of opportunity that I want to talk about…

    …because we have a chance to strengthen the strategic alliance between the UK and the EU…

    …and I want to talk about how – by being ruthlessly pragmatic – we can harness this opportunity, for the benefit of the people that we are all elected to serve.  

    Now this is the very first meeting of the reconstituted Assembly…

    … and I know that you are welcoming members, both new and old.

    Since this Government came into power, we have worked tirelessly to change the UK’s approach. 

     In the recent past, we have been too focused on what divides us…

    …and it’s those differences that have too often defined the agenda.

    But I believe these groups and these meetings must be used for our collective good.

    This Assembly was set up under the Trade and Cooperation Agreement…

    …to ensure the voices of parliamentarians – and, in turn, our citizens – can be heard. 

    You’re all serving the interests of the people who voted for you…

    …and we must use every opportunity available to us to build trust…

    …and improve cooperation.

    And all of you here today – through your membership in the Assembly – are essential to that work.

    Now, I have already met members of both delegations – and I am committed to maintaining that engagement.

    The UK and EU’s future will be defined by how we both tackle our shared challenges together.

    We are living through a period of generational challenge…

    …and I know as political leaders – we all feel the scale of this moment. 

    War in Ukraine…

    …people smuggled in treacherous conditions by treacherous criminals…

    …the price of energy and the cost of inflation…

    …achieving growth and prosperity to boost living standards for our citizens… 

    …all of these challenges are exacerbated by a mindset of division.

    They are problems across our continent…

    …and they require a coordinated response.

    Just look at the actions of our Prime Minister this year.

    He was delighted to be a part of the European Leaders retreat last month…

     …where he made the case for greater cooperation between the EU and the UK.

    On 2 March, he hosted European leaders, as well as the NATO Secretary General and the Presidents of the EU Commission, EU Council and indeed welcomed Canada… 

    …for a summit focused on Ukraine.

    The importance of these meetings cannot be overstated.

    They are emblematic of how seriously this Government takes European security.

    And there is no greater imperative to this than supporting Ukraine.

    In the face of Russia’s illegal and barbaric invasion, we must be resilient.

    It is why we recently announced an increase in UK defence spending to 2.5% of GDP.

    We are stepping up, and we know that the EU is stepping up, too.

    It was heartening to see – on the anniversary of the invasion – that the EU reaffirmed its unwavering support.

    And at the European Council meeting earlier this month, where EU leaders agreed a significant increase in defence spending. 

    I know that, together, we are determined to help Ukraine prevail…

    …and rebuild.

    We must keep pushing – together – to find new ways to achieve this.

    At a time of such intense global change, I believe it is vital to recognise what unites the UK and the EU…

    …and understand how our mutual priorities can be realised through teamwork.

    We saw that in action this January…

    …where, on the same day, the UK Chancellor and the President of the European Commission gave speeches about the challenges facing them.

    Both spoke about their desire for growth…

    …both spoke about how their potential had been held back…

    …and both spoke too about the importance of trade openness.

    In fact, both our Prime Minister’s ‘Plan for Change’ and the President’s ‘Competitiveness Compass’ focused on the same priorities…

    …like reducing red tape, improving skills and a more resilient economy.

    The UK government was elected on a mandate to increase our security, keep our citizens safe and to encourage growth.

    Europe is a crucial partner in these priorities…

    …and, indeed, Europe shares those concerns.

    That is why we are living up to the obligations we have in existing Agreements and Frameworks…

    …that is how trust is earned. 

    No more threats to break international law in ‘limited and specific ways’… 

    …and no more undermining of the ECHR.

    So we are respectful of the TCA and the Windsor Framework… 

    …and we want to build on that structure to address emerging challenges and opportunities.

    The Prime Minister has tasked me with leading these discussions with Maros…

    …supported by our new EU Sherpa Micheal Ellam. 

    And I want to thank Maros – not only for the way he has been so constructive in his relationship with me…

    …but for the many years – and no doubt late nights – that he has dedicated to the EU – UK relationship…

    …but also the pragmatism he is known and respected for.  

    And in our discussions I have always been clear about our desire to strengthen our alliance – and I focus on the three priorities I mentioned…

    …on security, safety and prosperity…

    …where I believe there is much benefit to be gained.

    And it’s these priorities I would like to focus on.

    First, security.

    Now, I’ve already spoken about how seriously we’re taking this…

    …and I know that it is a topic you will be discussing later today.

    But it bears repeating: to keep Europe secure, we need to support allies like Ukraine…

    …and work with NATO on security and defence.

    As the Prime Minister said in the UK Parliament recently, we have: 

    “A recognition of the fact that once again, we live in an era where peace in Europe depends upon strength and deterrence.”

    So, we are seeking a broad UK-EU cooperation on security and defence matters…

    …and we’re ready to negotiate a Security and Defence Partnership.

    This has been central to the Prime Minister’s approach with European leaders.

    When he visited the informal European Leaders’ Summit, he discussed what this partnership could include…

    …and what it could address.

    He suggested a focus on R&D…

    …improved military mobility across Europe …

    …greater co-operation on missions and operations…

    …and building on our industrial collaboration.

    Building on that commitment, let me turn to the next pillar: safety.

    I am clear that if we want to protect our respective borders…

    …and keep our citizens safe…

    …then we need to work together.

    The criminals that we all try and combat pay no respect to our borders…

    …whether they’re taking part in the vile global trade in human trafficking…

    …or planning a terrorist attack to push their agenda and terrify our citizens.

    These challenges plague us all…

    …and I believe that it is only through greater cooperation that we can remain safe.

    It’s why we have already increased the UK’s presence at Europol…

    …but I believe we should be going further.

    We need to think of new ways to coordinate our security…

    …and ensure we have the intelligence and skills to combat cross-Europe criminal enterprises.

    And finally, prosperity.

    The European Union is the UK’s biggest trading partner…

    …with trade totalling over £800bn in 2023.

    And while that figure is still impressive, we know it is not as good as it could be.

    A study published last year by Aston University Business School showed that between 2021 and 2023, the goods EU businesses export to the UK were down by 32%…

    …while UK goods exports to the EU were down by 27%.

    What I’m hearing from businesses that I speak to is that this drop is down to them facing more barriers and more costs.

    They’re frustrated, and I can understand why.

    As ‘Businesseurope’ set out in a report this Autumn, and I quote: “There remain many unnecessary barriers to trade and investment. Following the elections of new governments in the EU and UK, there is a clear opportunity to upgrade the relationship to deliver for businesses and citizens.”

    And that is why we want to build on the structures we have – the TCA and the Windsor Framework…

    …to tear down trade barriers and make Brexit work better for the British and European people.

    We have already said that we will seek to negotiate a sanitary and phytosanitary agreement…

    …to help boost trade… 

    and deliver benefits to businesses and consumers in both the UK and the EU. 

    Now, all these issues have been at the forefront of our Government’s discussions with the EU.

    In fact, since the UK election, there have been over 70 direct engagements between UK ministers and their EU Counterparts.

    We have agreed to hold regular UK-EU Summits…

    …with the very first one, as Maros has said, being hosted in London on 19th May…

    …which will be a great opportunity to strengthen this work further.

    But ultimately, this is all about building trust…

    …and this Government wants to keep its word…

    …and become a trusted and stable partner.

    Our discussions continue on the full implementation of the TCA and the Withdrawal Agreement …

    …with almost all of our Specialised Committees meeting last year…

    …and there are plans in place to meet again in the coming months.

    The co-chairs continually update each other on their progress…

    …whilst monitoring and reporting on their passage to full and faithful implementation.

    We fully believe in these structures…

    …but we also fully believe in the opportunities to improve the status quo.

    So, ladies and gentlemen, the time for ideologies is over.

    The time for ruthless pragmatism is now.

    And it is the only way we can seek a closer, more cooperative relationship.

    After all, a stronger UK-EU relationship means a stronger Europe.

    This Assembly will be a vital part of that journey…

    …where that mutual interest will be demonstrated and discussed.

    I also know that many of you have deep expertise, insights and passion for this agenda…

    … and I am sure that this forum will be a fantastic way to bring these to bear. 

    I want to thank you for the time you have given me to discuss my work. To say how much that I am looking forward together. 

    This forum, this Assembly is such an important part of hat shared future and what a pleasure it is to discuss this with you today. 

    Thank you.

    Updates to this page

    Published 17 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: TRA to investigate HVO biodiesel imports from the USA

    Source: United Kingdom – Executive Government & Departments

    News story

    TRA to investigate HVO biodiesel imports from the USA

    The TRA has initiated an anti-dumping investigation and a countervailing investigation into imports of HVO biodiesel from the United States of America.

    The Trade Remedies Authority (TRA) has today, 17 March 2025, initiated an anti-dumping investigation and a countervailing investigation into imports of Hydrotreated Vegetable Oil (HVO) biodiesel from the United States of America.

    The investigations follow an application from UK biodiesel producers concerned that the market has changed since a previous review in 2022. Recent evidence suggests that the price gap has narrowed and HVO may now be competing directly with UK-produced biodiesel.

    The investigations will determine whether imports of HVO are being sold at unfairly low prices or being subsidised, and causing harm to UK industry.

    To contribute to this investigation, please visit the TRA public file.

    Notes to Editors:

    • The period of investigation for these cases will be between April 2023 and March 2024.
    • The Trade Remedies Authority is the UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports.
    • The TRA is an arm’s length body of the Department for Business and Trade.
    • UK industries concerned about imports have been able to submit applications for a new trade remedy measure since January 2021. These applications are considered by the TRA to see if there are grounds for an investigation.

    Updates to this page

    Published 17 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: UNECE ModernStats World Workshop 2024

    Source: United Nations Economic Commission for Europe

     

    Abstracts and papers for the different topics of this workshop can be found below.

    Background:

    Modern statistical production systems require standardization of the processes, information and architectures that are involved in producing statistics, so that those processes can be automated, and information (including data) can be seamlessly passed between different systems, perhaps using software components that have been developed by another organization for the same purpose.

    The need to do this has never been more pressing, due to the multiplicity of different sources of data, different outputs required, and different technologies that may be used to choreograph all of the required elements required to produce statistics.

    This workshop is organized by the Supporting Standards Group, which maintains a set of standards and models for processes, information, architectures and other activities needed to produce statistics, and supports collaboration activities for their implementation, to provide a foundation for modern production.

    This year’s workshop is focused on the objectives of interoperability, governance, and of transparency, traceability and provenance in production, discussing the role of various models and standards for achieving those objectives. There will also be sessions showcasing the use of models and the future of production.

    Abstracts:

    Title Document
    Information Note 1 pdf
    Information Note 2 pdf
    Timetable pdf
    Title Abstract Paper Slides

    Session: Interoperability using Standards and Models

    		      
    The DDI Cross-Domain Integration (DDI-CDI) Specification: Overview and Implementations, CODATA and DDI pdf   pdf
    The statistical production LEGO set: using standard models and tools to build metadata-driven pipelines at StatCan, Statistics Canada pdf   pdf
    Using standards to develop a system for coherent metadata for production and dissemination in Denmark, Statistics Denmark pdf   pdf
    Enhancing Interoperability and Transparency through Linked Open Data Standards: Lessons Learned from the ESS LOD Community of Practice, Eurostat pdf   pdf

    Session: Transparency, traceability and provenance

    		      
    From micro to macro data: ModernStats models for the conceptual modelling of statistical metadata in an interoperability perspective, Italian National Institute of Statistics (Istat) pdf   ppsx
    Unlocking data transparency: how improved metadata empowers IMF data users., International Monetary Fund pdf   pdf
    Describing and Querying Data Transformation Scripts: SDTL and SDTH, University of Michigan pdf   pdf

    Session: Governance

    		      
    Streamlining statistical and data production, Statistics Finland pdf   pdf
    The designed governance for a central metadata system, Istat pdf pdf pdf
    A reference framework for structural metadata governance, OECD pdf   pdf
    Simplifying the Reuse of Concepts Across Organisations, Federal Statistical Office (FSO) pdf   pdf

    Session: Using ModernStats models

    		      
    Tau-Argus: Lessons learned of sharing an IT-tool in Official Statistics, Statistisches Bundesamt (Destatis) pdf   pdf
    Applying GSBPM to processes based on new data sources, Istat pdf   pdf
    Using standards to direct the flow of data: Modernizing production processes at Statistics Iceland, Statistics Iceland pdf   pdf
    Adopting GSBPM in a national statistical institute, Statistics Denmark pdf   pdf
    Modeling of Business Process Activities and Data: GSBPM, GSIM, and BPMN, National Institute of Statistics and Geography (INEGI, México) pdf   pdf

    Session: Modern production in 2025 and beyond

    		      
    Incorporating AI into statistical standards: Enhancing GSBPM with (generative) AI, Statistics Finland pdf pdf pdf
    Modernizing the BIS Data Bank: A Metadata-Driven Approach to Statistical Business Processes and SDMX Integration, Bank for International Settlements pdf   pdf
    A dataset catalogue as a tool for automated and metadata driven statistical production, Statistics Sweden          pdf pdf pdf
    Modernization and agility powered by Communities of Practice, Statistics Netherlands pdf   pdf
    Capabilities and Metadata Standards, U.S. Bureau of Labor Statistics pdf   pdf
    Tools For Automating Metadata-Driven Processes In Statistics Poland, Statistics Poland pdf   pdf

    Other presentations

    		      

    Updates on the activities and plans of the Supporting Standards Group, Flavio Rizzolo, chair of SSG

    		   pdf pdf

    Update on the HLG Open-Source project, Carlo Vaccari, Project Manager

    		     pdf
    Soapbox presentation on Units of Measurement, OECD     pdf

    MIL OSI United Nations News –