Category: Commerce

  • MIL-OSI Canada: Statement from Premier Pillai on Yukoner Appreciation Week and Small Business Week

    Source: Government of Canada regional news

    Premier and Minister of Economic Development Ranj Pillai has issued the following statement:

    “Yukoner Appreciation Week and Small Business Week are two well-loved, annual traditions that celebrate our incredible local businesses and the Yukoners who support them. 

    “This year, the Whitehorse Chamber of Commerce and the Business Development Bank of Canada have partnered to offer both events as one. This new, collaborative initiative highlights the adaptability and creativity of our local business community.

    MIL OSI Canada News

  • MIL-OSI Asia-Pac: Inviting comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024

    Source: Government of India

    Posted On: 18 OCT 2024 4:24PM by PIB Delhi

    The Government of India has taken several steps to strengthen the dispute resolution environment in the country and to promote Ease of Doing Business and enforcement of contracts inter-alia through legislative interventions from time to time. The Department of Legal Affairs is presently in the process of considering further amendments in the Arbitration and Conciliation Act 1996.

    The aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in arbitrations and ensuring timely conclusion of arbitration proceedings.

    In view thereof, the Arbitration and Conciliation (Amendment) Bill, 2024 and a tabular statement depicting existing provision and proposed amendment have been prepared. The Department, now invites comments/feedback from the public as part of the public consultation exercise on the draft amendments. The draft Bill and tabular statement can be accessed at https://legalaffairs.gov.in/. Comments on the draft Bill may be sent by email on avnit.singh[at]gov[dot]in and ndiac-dla[at]gov[dot]in latest by 03.11.2024.

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    SB/DP/ARJ

    (Release ID: 2066081) Visitor Counter : 97

    MIL OSI Asia Pacific News

  • MIL-OSI United Nations: Experts of the Committee on the Elimination of Discrimination against Women Praise Cuba’s High Percentage of Women in Parliament, Ask about Measures to Address Sex Trafficking and Reduce the Burden of Unpaid Care Work

    Source: United Nations – Geneva

    The Committee on the Elimination of Discrimination against Women today considered the ninth periodic report of Cuba, with Committee Experts praising the State’s high percentage of women in Parliament, and asking about measures to protect women and girls from sex trafficking and reduce the burden of unpaid care work on women.  Committee Experts also discussed the impact that the United States’ economic blockade had on Cuban women’s rights.

    A Committee Expert welcomed that Cuba currently had one of the highest rates of female participation in Parliament worldwide.

    Rhoda Reddock, Committee Expert and Rapporteur for Cuba, raised the issue of the economic blockade on Cuba by the United States, which she said was estimated to have cost Cuba a significant percentage of its gross domestic product.  Had the State party had been able to address all the challenges that came with the blockade?

    One Committee Expert said there were concerning reports of sexual abuse of girls in the tourism industry and of criminalisation of women victims of sex trafficking.  When would the State party adopt a comprehensive law on trafficking with clear provisions on prevention and reparation for victims?

    Another Expert said women spent twice as much time doing domestic and care work compared to men, and there had been successive cuts to social care programmes.  How did the State party intend to sustain these programmes?

    Introducing the report, Inés María Chapman Waugh, Deputy Prime Minister of Cuba and head of the delegation, said women accounted for 56 per cent of members of Cuba’s Parliament, the second highest percentage in the world.  Around 80 per cent of judges in the judiciary were women; eight in every 10 prosecutors were women; and women made up 60 per cent of university graduates.  The State also had a high representation of women in its science and technology sector, she noted.

    Ms. Chapman Waugh said the United States’ financial blockage against Cuba was a flagrant violation of the rights of Cubans and it had disproportionately affected women. It had led to devastating shortages in medication, food and energy.  Progress in distributing the human papilloma virus vaccine, for example, had been hampered by the blockade.

    The delegation said Cuba had a zero-tolerance policy regarding all forms of trafficking.  Trafficking in persons had been included as a crime in the Criminal Code, as had forced labour.  The State did not criminalise women victims of trafficking.  Detection and combatting systems were in place in the tourism industry.

    The Government was calling for fair distribution of household and care work between men and women, the delegation said.  A recent decree on the national care system provided for a more equitable approach to care.  The State was training carers to provide formalised care for the aging population and raising awareness about the need for men and women to spend equal time on care duties.

    In closing remarks, Ms. Chapman Waugh said Cuba valued the recommendations of the Committee, which would be scrutinised with due rigour.  The Government was committed to implementing the Convention and promoting women’s rights.  It would do its utmost to achieve its goals in this regard, despite the economic blockade imposed by the United States.

    Ana Peláez Narváez, Committee Chair, in concluding remarks, said that the Committee commended Cuba for its efforts and called on the State party to implement the Committee’s recommendations for better implementation of the Convention for the benefit of all women and girls in the State.

    The delegation of Cuba consisted of representatives from the National Assembly of People’s Power; Ministry of Justice; National Secretariat of the Federation of Cuban Women; Ministry of Education; University of Havana; Ministry of Foreign Affairs; and the Permanent Mission of Cuba to the United Nations Office at Geneva.

    The Committee will issue the concluding observations on the report of Cuba at the end of its eighty-ninth session on 25 October.  All documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet in public at 10 a.m. on Monday, 21 October to consider the fifth periodic report of Benin (CEDAW/C/BEN/5).

    Report

    The Committee has before it the ninth periodic report of Cuba (CEDAW/C/CUB/9).

    Presentation of Report

    INÉS MARÍA CHAPMAN WAUGH, Deputy Prime Minister of Cuba and head of the delegation, said gender equality and the eradication of all forms of violence against women were objectives that Cuba and the Committee shared.  Almost 80 per cent of the Committee’s recommendations from the last review had been complied with.  Cuba was steadfastly committed to complying with its obligations under the Convention.

    Since 2019, Cuba had undergone a far-reaching process to strengthen its legislative framework. The 2019 Constitution promoted the right to equality and the prohibition of discrimination.  Direct and indirect discrimination had been prohibited in the Criminal Code.  The newly adopted Family Code defended women’s rights, permitted same-sex marriage, and set the age of marriage at 18.

    The national programme for the advancement of women was implemented in 2021.  It included 46 measures promoting women’s advancement and established a follow-up mechanism to ensure its implementation.  Under the programme, the State party adopted polices to promote the inclusion of women in the labour market.  Around 250 creches had been established to support working women.

    A Cuban association for persons with disabilities had been established, and the social assistance programme provided support for the children of women with disabilities. Around one quarter of women were self-employed.  The State’s unemployment rate was low, at around two per cent.  Six decree laws were recently adopted that promoted the protection of women working in the private sector.  The national response to the COVID-19 pandemic included benefits provided to working women and women who lost their jobs.  Over 60 per cent of persons who coordinated COVID-19 vaccination development in Cuba were women.

    Women accounted for 56 per cent of members of Parliament, the second highest percentage in the world.  In the Supreme Court, women accounted for 53 per cent of judges, while around 80 per cent of judges in the judiciary were women.  Eight in every 10 prosecutors were women.  Women made up 60 per cent of university graduates.  The State also had a high representation of women in its science and technology sector.  Care services accounted for a high percentage of the State budget.  The State party continued to work to collect cross-cutting and intersectoral data on women. 

    Cuba had developed robust legislation and a national action plan to tackle gender-based violence. It addressed direct and indirect violence in all settings.  In 2022, the murder of women was specifically criminalised in the Criminal Code. Education measures played a key role in preventing gender-based violence in the State.  In the coming days, Cuba would set up a data mechanism that would provide real-time information about violent deaths of women and girls, and a hotline for reporting violence against women.  Measures would also be implemented to address the disproportionate burden of care placed on women.

    The United States had been imposing a financial blockage against Cuba for several decades. This was a flagrant violation of the rights of Cubans and it had disproportionately affected women.  It had led to devastating shortages in medication, food and energy.  Progress in distributing the human papilloma virus vaccine, for example, had been hampered by the blockade.

    The Government was working to address macho stereotypes, and support women’s access to health, education and land.  Measures were implemented to support the many rural women who were engaged in low paid or unpaid work.  Programmes had also been implemented to address the high prevalence of teenage pregnancies.  Cuba promoted women’s bodily autonomy and allowed women to decide regarding abortion.

    Seventy per cent of the people murdered in the Gaza Strip were women and girls.  Ms. Chapman Waugh appealed for peace in the Middle East.

    Cuba, on the basis of its international commitments and in spite of the blockade placed upon it, would continue to do its best to implement the Convention and protect the rights of all women in its territory.

    Questions by a Committee Expert

    RHODA REDDOCK, Committee Expert and Rapporteur for Cuba, congratulated Cuba on its achievements over the years.  Cuba was the first country to sign and the second to ratify the Convention, and several Cuban experts had served on the Committee.  The economic blockade on Cuba by the United States had been in place since the 1960s.  It was estimated to have cost Cuba a significant percentage of its gross domestic product.  Cuba had also been added to the United States’ list of States that sponsored terrorism, further hindering Cuba’s access to resources.  Women were worst affected by this situation.  They were forced to spend most of their time working to obtain resources to support their families, and more than one million women and girls had fled the State to seek a better life.

    Ms. Reddock welcomed that the State party had introduced several laws to address discrimination and violence against women.  It was also promising that a National Ombudsperson’s Office had recently been established.

    The death penalty remained in place for more than 20 offences.  Were there plans to implement a moratorium?  The July 2021 protests against increasing shortages of fuel and food were met with disproportionately violent responses by State agents.  Many women protesters reportedly remained in detention.  There were also reports of poor conditions for women in Cuban prisons.  Were there plans to release the women protesters detained since 2021?  Was there a right of appeal for detained protestors?  What was the status of the National Ombudsperson?  Had it received complaints from women?

    Another Committee Expert welcomed efforts by the State party to disseminate the Convention and provide training for State agents on the Convention.  What concrete steps had been taken to enhance women’s awareness of their rights under the Convention?  How was the Committee disseminating the Convention among politicians and the judiciary? What was the national mechanism for monitoring the Committee’s recommendations?  What was the position of the State party on the ratification of the Optional Protocol?

    The Committee was concerned that the State party had failed to incorporate a comprehensive definition of discrimination against women in the Constitution or in State legislation. Why was this?  What legislative and policy measures were in place to address intersectional discrimination against women?

    Responses by the Delegation

    The delegation said access to justice was a constitutionally recognised right for all Cubans.  Men and women enjoyed the same legal status and the same rights with regard to succession.  Exorbitant fees could not be charged for legal aid services.  Around 700 pro-bono services were made available in 2024, the majority of which related to gender-based violence cases. 

    The National Ombudsperson was established in June 2023.  Its role was to protect and restore the rights of marginalised people, including women, young people, the elderly, and persons with disabilities.  It had received 102 complaints of violence and discrimination.  Forty-eight of these cases had been resolved; the rest were being reviewed.

    No authority could modify the rulings of courts or instruct judges.  The judiciary’s independence met the highest international standards.  The public was actively engaged in trials and rulings could be appealed.

    Cuba was in favour of removing the death penalty when the conditions were favourable to do so.  It had not been applied or handed down as a sanction for 20 years and had never been issued against a woman.  Four crimes had been removed from the list of crimes for which the death penalty could be applied. 

    There were no political prisoners in Cuba.  All prisoners had been sentenced for violating the law and had benefited from fair trial guarantees.  In the 2021 riots, there was vandalism and public and private property was destroyed. No country would allow such actions to go unpunished.  Criminal trials of persons who committed such actions were fair; rioters were prosecuted based on their actions, not their gender.

    Cuba engaged in ongoing awareness raising and training on the Convention and other international human rights instruments for civil servants and the judiciary.  There was also an awareness raising campaign for women and vulnerable groups.  The State party worked with local media and civil society to support this work. There were also post-graduate courses in universities on women’s empowerment and gender-based violence.

    The State party did not recognise the competence of any international treaty bodies to receive individual communications.  This was a long-standing position of the Government and there were no plans to change it.

    The State party had a follow-up mechanism to assess the implementation of the Convention and the national programme for the advancement of women.  It was working to ensure that women could play their full roles in the family, the economy and society.  The mechanism included representatives of all government bodies and civil society organizations.

    Cuba prohibited all forms of discrimination.  State legislation addressed discrimination based on sex and gender identity, amongst others.  The 2019 Constitution stated that international treaties ratified by Cuba were directly applicable in the State.  The State party had adopted over 400 decrees promoting gender equality.  An important example was the new Family Code, which placed gender equality at its core.  Members of parliament were provided with training on this legislation to ensure that they were able to apply it.  The national programme against racism and discrimination also addressed intersectional forms of discrimination.

    Questions by Committee Experts 

    A Committee Expert asked about the State party’s assessment of its efforts to disseminate the Convention. The Optional Protocol put into practical effect the rights of the Convention and would be of benefit to Cuba if it were ratified.

    RHODA REDDOCK, Committee Expert and Rapporteur for Cuba, asked if the State party had been able to address all the challenges that came with the United States’ blockade.

    Another Committee Expert shared deep concerns about the negative impact of unilateral coercive measures on human rights.  Businesses and multilateral actors needed to consider the impacts of overcompliance with sanctions, and States needed to act in line with their international obligations.

    One Committee Expert said the Federation for Cuban Women coordinated the national programme for the advancement of women.  How did the Federation mainstream gender equality across different sectors and promote the participation of women of African descent and women with disabilities in the creation of public policies?  How did it assist civil society organizations in efforts to promote gender equality?

    Cuba did not have a national human rights institute, but the National Ombudsperson might be a first step towards this.  How many complaints had it received from women?  To what extent had gender sensitivity training been provided?  Did the State party plan to establish a national human rights institute in accordance with the Paris Principles?

    Responses by the Delegation

    The delegation said that specialised training on international treaties was a challenge.  To address this, the State party had stepped up training of police, journalists and other stakeholders on the Convention, including in rural areas.  A gender approach was gradually being implemented in university textbooks. There was a communication strategy in place to promote positive portrayals of women in the media and prevent gender stereotypes.

    The State party did not recognise the competence of the treaty bodies to receive individual communications as Cuba believed that its national rights protection framework was sufficient.

    The economic blockade had primarily impacted women and families.  Banks did not allow Cuba to conduct many transactions, due to the State having been classified as a co-sponsor of terrorism.  This had hampered efforts to invest in energy and infrastructure. During the COVID-19 pandemic, there was a shortage of ventilators in hospitals, and the Government was unable to acquire them due to the blockade.  Twenty-five days of the blockade represented a year’s worth of financing required to acquire the basic basket of food and medical supplies for one year.  Eighteen days of the blockade covered a year’s worth of investment in fuel. Thirty-six hours of the blockade represented the annual cost of education materials in the country.

    Since the establishment of the Ombudsperson, it had dealt with 1,001 cases, 616 of which it had accepted for follow-up.  Over 300 of these cases had been resolved.  Two national workshops had been held to strengthen the capacity of Ombudsperson Office staff.  The State was working to ensure that women were aware of the national programme for women’s empowerment.  National and local groups provided follow-up on human rights issues affecting certain communities; these issues included racism, women’s empowerment, and the rights of persons with disabilities.  In all these fora, civil society participated actively.

    Among Cuban members of Parliament, there were 149 Afro descendants, representing over 30 per cent of members. Around 56 per cent of women members of Parliament were Afro descendants.  The State party was working to address discrimination and racism against this group.  A national observatory on racism had been established and there was a reporting line for lodging complaints of racism.  A national day for Afro-Latina and Afro-Caribbean women had been established. Over 60 civil society organizations representing these women participated in celebrations of this day.

    Questions by Committee Experts 

    A Committee Expert said the Federation of Cuban Women was very strong.  How did it support independent civil society organizations which did not belong to the Federation?

    Another Committee Expert asked whether the State party believed that there was a need to enact temporary special measures to support young girls and older women?  Were temporary special measures planned to address the phenomenon of rural to urban migration?

    RHODA REDDOCK, Committee Expert and Rapporteur for Cuba, commended the State party for continuing efforts to eliminate gender discrimination of women and carry out training and sensitisation programmes on gender discrimination.  How effective had these programmes been?  Would the State party consider establishing a multi-sectoral strategy to eliminate patriarchal stereotypes?  What work on gender stereotypes had been carried out with men and boys?  Schools reproduced gender ideologies.  To what extent were gender studies part of the teacher training curriculum?

    There were many legislative changes put in place related to gender-based violence since the last dialogue.  To what extent had the implementation of this legislation been affected by the economic blockade?  Were there official shelters for victims of gender-based violence and did the State party collaborate with civil society organizations that supported victims?  Was there a reparations procedure for victims?  Did the State party have an aversion to addressing femicide in its legislation?  What was the social perception of this phenomenon?

    One Committee Expert said that the State party had a zero-tolerance policy to trafficking.  However, there were concerning reports of sexual abuse of girls in the tourism industry and of criminalisation of women victims of sex trafficking.  When would the State party adopt a comprehensive law on trafficking with clear provisions on prevention and reparation for victims?  When would it review its Penal Code to criminalise the use of services of trafficking victims?  How would it prevent the revictimisation of trafficking victims? How many victims had been identified and assisted in the past year, and how many perpetrators had been prosecuted? Did the State party intend to include women’s non-governmental organizations in the process of identifying and preventing trafficking?  How was the State party training officials to respond to trafficking, including online trafficking activities?  What awareness raising campaigns were in place regarding trafficking?  How many shelters were available for victims of trafficking and what services did they provide?

    Responses by the Delegation

    The delegation said more than four million Cubans belonged to the Federation of Cuban Women.  The Federation of Cuban Women coordinated a working group on implementing the national programme on women’s empowerment, which also included civil society organizations that were not part of the Federation.

    Cuba had a tradition of enacting temporary special measures when needed.  For example, it had reopened children’s creches in workplaces. Measures were also being implemented to support women’s access to the basket of foodstuff and employment, and to support women and girls migrating from rural areas to cities.  The Government was supporting rural women to access livelihoods to reduce their need to migrate from rural areas.  There was a working group in place that addressed internal and external migration, developing policies to support migrants and manage urban development

    The national education system was being reviewed in 2023 and 2024 to strengthen guidelines for teachers. Issues such as gender inequality and sexual division of labour were being incorporated in students’ education. Intergenerational meetings were held with men and boys, in which elderly men taught boys about the importance of tackling gender stereotypes.

    The State party had a comprehensive legal framework and a national strategy to address gender-based violence. One of the goals of the strategy was to develop a comprehensive law on violence against women.  The Criminal Code imposed severe sanctions for the crime of murder of a women motivated by gender.  There were shelters for female victims of violence provided by grassroots organizations.  Workshops were held to coordinate the Government and civil society’s responses to gender-based violence.  Comprehensive reparations for violence could be sought through civil courts.  Members of parliament had discussed but had not agreed to include the concept of “femicide” within legislation.

    Cuba had a zero-tolerance policy regarding all forms of trafficking and was a State party to international instruments addressing various forms of trafficking.  Trafficking in persons had been included as a crime in the Criminal Code, as had forced labour.  There was a very low incidence of human trafficking in Cuba, thanks in part to the absence of significant organised crime networks.  Cuba had a national action plan and a national working group addressing trafficking.  The national action plan included strong measures promoting support for victims. The State did not criminalise women victims of trafficking. 

    State regulations prohibited sex tourism.  Detection and combatting systems were in place in the tourism industry.  The State party had identified a small number of foreigners in the country who were involved in facilitating child sex tourism, who were duly sentenced.  Over 700 training sessions had taken place for 7,000 workers in the tourism sector on the prevention of trafficking. 

    Cuba had published an annual report on trafficking that contained data on cases of trafficking before the courts. There were 14 prosecutions for trafficking crimes in 2023.  The State party did not criminalise prostitution but did punish pimping with severe penalties.  Social workers were supporting sex workers and the State was working to eradicate the root causes of women becoming involved in prostitution.

    Questions by Committee Experts 

    A Committee Expert welcomed that Cuba currently had one of the highest rates of female participation in Parliament worldwide.  However, a gender gap persisted in cabinet ministries, with only 18.5 per cent of ministerial positions being held by women.  Men were concentrated in the most influential spheres of Government.  How was the State party measuring the number of women in executive posts in the private sector?  Was it encouraging private sector bodies to promote women’s representation?  How many heads of standing committees in Parliament were women?  How many women civil society organizations were there and were they affected by laws preventing access to foreign funding?

    Another Committee Expert asked about circumstances in which Cuban women could lose their nationality.  Could the State party strip people of their nationality? Was there a mechanism for Cuban women born abroad to regain their nationality?

    Responses by the Delegation

    The delegation said Cuba had made significant progress over the reporting period regarding the representation of women in Parliament.  Three women played a key role in leadership of the Central Communist Party Committee and 46 per cent of members of this committee were women.  Six provinces had female governors; 80 per cent of vice-ministerial posts were held by women; and six of the 11 standing working committees of Parliament were led by women.  The State party had put in place an action plan to increase the representation of women in non-traditional sectors and in leadership positions, and to increase the number of women-owned enterprises.

    Civil society organizations could receive foreign funding, but not financing for activities that subverted the constitutional order.

    The Constitution regulated how citizenship was acquired.  The acquisition of citizenship of other States did not lead to the revoking of Cuban citizenship.  A new law on citizenship had been adopted but had not yet come into force.  The law would require persons who applied to renounce Cuban nationality to hold another nationality.

    Questions by Committee Experts 

    A Committee Expert asked if there was a follow-up mechanism in place to assess the number of women in executive posts.

    RHODA REDDOCK, Committee Expert and Rapporteur for Cuba, said that the President could issue decisions on the removal of citizenship.  Could this lead to statelessness?

    One Committee Expert commended Cuba for its efforts to make the right to education free and universal and to promote women’s academic achievements.  The Expert cited reports of an increased rate of teenage pregnancies in rural and remote areas, particularly for people of African descent.  When would the State party start implementing a sexual education programme?  How was it working around the economic blockade to support rural and Black women? How many rural and marginalised women were attending university?  Did the State party have legislation and policies that addressed bullying in schools and cyber bullying?  How did the State party ensure that women and men earned the same in the education sector?

    Another Committee Expert said women’s labour force participation rate was relatively low, at 39 per cent.  How would the State party increase this rate, particularly in the formal sector, and ensure that women in the informal sector had the same access to protections as in the formal sector?  What measures were in place to address the segregation of women in the workforce and to promote the employment of women of African descent and women with disabilities?  The State party had prohibited discrimination on the basis of employment.  How was this being implemented?  Women spent twice as much time doing domestic and care work, and there had been successive cuts to social care programmes.  How did the State party intend to sustain these programmes? 

    How effective was legislation promoting shared parental responsibility?  How was the State party working to prevent workplace sexual harassment? How many complaints of workplace harassment had been received since 2019?  What were the obstacles to the State party ratifying International Labour Organization Conventions 189 and 160?

    Responses by the Delegation

    The delegation said the national programme for the advancement of women included measures to assess the representation of women in construction, agriculture, mining and water resource fields, in which there were fewer women in executive posts.  The ministries of transport and energy and mining had vice-ministers who were women.  The Government would continue to undertake actions to incentivise women’s participation in non-traditional sectors.

    Citizens needed to comply with specific requirements to renounce nationality.  There needed to be serious circumstances, such as membership of an armed group that had attacked the State, for nationality to be deprived. The President authorised the deprivation of nationality.

    For the current school year, the State party had incorporated comprehensive sexual education into the common compulsory syllabus at both primary and secondary levels.  Students and their families had contributed to drafting a protocol to tackle violence in schools.  Capacity building on responding to violence was provided through conferences and training for teachers.  There was only a small number of girls who dropped out of school, but every effort was taken to encourage them to return.  This had led to a decline in the dropout rate in recent years.  At the secondary level, around 1,500 students with disabilities had graduated in the most recent school year.  There was no gender wage gap in the educational sector.

    Cuba was promoting the prevention of cyber violence.  The law on social communications established that online content could not be used to discriminate against any group on any grounds.  Online advertising could not employ stereotypical depictions of women. There was also legislation sanctioning online child pornography and bullying.  The Criminal Code addressed criminal activities using digital spaces. In the 10 years since the last review, access to the internet in Cuba had improved significantly, despite the United States’ blockade, which affected the telecommunications industry.

    The Government was calling for the fair distribution of household and care work between men and women.  A recent decree on the national care system provided for a more equitable approach to care.  The decree recognised that carers’ unpaid work made valuable contributions to society.  The State was training carers to provide formalised care for the aging population and raising awareness about the need for men and women to spend equal time on care duties.

    The Labour Code included a definition of workplace harassment.  If the victim was a subordinate to the perpetrator, or if the harassment was based on gender, higher sanctions were implemented.  Mechanisms for reporting harassment were in place in each workplace and complaints could also be submitted directly to the Government. 

    Women workers enjoyed the right to maternity leave, which had recently been extended to 15 weeks after the birth of a child.  The posts of women who took maternity leave were reserved for when they returned. The Government was also encouraging sharing of parental leave between mothers and fathers.  It had opened early childhood facilities across the country, increasing places in those facilities ten-fold.  Workplace creches provided childcare for 5,000 children.  Wage equality between men and women was established as a right within legislation.

    Cuba did not believe it was currently necessary to ratify International Labour Organization Convention 160.  It was a party to the main eight International Labour Organization Conventions.

    Questions by Committee Experts 

    A Committee Expert said the Committee welcomed actions taken by the State party to reduce under five mortality rates.  The life expectancy in Cuba had reached 81 years, which was remarkable.  The Government provided a public and free health care system.  Did it cover the needs of poor and rural women?  How did the State party succeed in being the first country to eradicate mother-to-child HIV and syphilis transmission?  There was a high level of teenage pregnancy in Cuba.  What measures were in place to provide affordable contraception to women and girls who needed it?  How was the State party reducing post-partum complications and ensuring the availability of family doctors in rural and remote areas?

    Another Committee Expert noted that there were multiple initiatives to promote women’s access to employment in fields such as agriculture.  The Government had promoted 20 affirmative actions in the rural sector to advance the empowerment of women.  What resources were available to women to succeed in business initiatives?  Were there opportunities for women to participate in the blue economy?  A law on the transfer of agricultural land had recently been enacted; how had it assisted rural women to access land?  To what extent had Cuba provided loans and credit for women?  Were there plans to improve data on women’s access to credit?

    Responses by the Delegation

    The delegation said that in 2023, there were around 27,500 general practitioners in the State party. Priority was attached to providing health services in rural areas. 

    The State party needed to continue to increase the percentage of women in agriculture and the percentage of women landowners.  The Government was supporting women to access bank loans.  It planned to collect data on recipients of bank loans, disaggregated by sex and ethnicity.

    Cuba had managed to keep prevalence rates of HIV at the lowest rates in Latin America through prophylaxis measures implemented with the support of the World Health Organization.  There were several programmes in place for the prevention and monitoring of sexually transmitted infections.

    Questions by Committee Experts 

    RHODA REDDOCK, Committee Expert and Rapporteur for Cuba, said that only 10 per cent of the agricultural land distributed by the Government had been distributed to women.  What factors were affecting women’s involvement in agriculture and their access to land?

    Another Committee Expert said that there were restrictions on people changing residence, particularly affecting women in the eastern part of the island.  Institutions had been authorised to find and deport people to their places of origin.  How would the State party guarantee the right to internal migration?

    Women deprived of liberty reportedly faced violence from staff and inmates.  How did the State party work with civil society to oversee prisons? Was prenatal care provided to pregnant women in prisons?

    How was the State party providing elderly women with basic care, food and services?  What steps had been taken to ensure substantive equality for women of African descent?  What services were provided for women with disabilities in rural areas?  How was the State party promoting the right to identity for lesbian, bisexual, transgender and intersex women?

    One Committee Expert said that the economic blockade on Cuba was a flagrant violation of the rights of Cubans, damaging their rights to food, education, health and other areas.  The Expert commended legislation that increased the age of marriage to 18.  How did the State party plan to address de facto unions with children?  How many criminal cases related to child marriage had there been in the last four years?

    Responses by the Delegation

    The delegation said the gender observatory was compiling data on women who owned land and worked in agriculture. The Government was working to support more rural women to gain access to land, State services and economic empowerment.

    The national health system had 53 different services for older persons delivered at the community level.  Cuba continued to promote access to services, cultural spaces and employment for persons with disabilities.  The State party was taking steps to ensure that Afro descendant women played their full role by supporting access to education and breaking down stereotypes.

    The treatment of detainees in Cuba was in line with the Mandela and Bangkok Rules.  The right to free medical care was provided in places of detention, along with recreational activities.  Women prisoners received differentiated treatment.  Support and care for children staying in prisons with their mothers was provided.

    The Family Code recognised same-sex marriage and assisted reproduction.  There had been 85 same-sex marriages between women in the last year. The State party was providing care and support for trans women.  Campaigns to tackle homophobia and transphobia were being rolled out across the country.

    Concluding Remarks 

    INÉS MARÍA CHAPMAN WAUGH, Deputy Prime Minister of Cuba and head of the delegation, thanked the Committee for the constructive dialogue.  Cuba valued the recommendations of the Committee, which would be scrutinised with due rigour.  The Government was committed to implementing the Convention and promoting women’s rights. It would do its utmost to achieve its goals in this regard, despite the economic blockade imposed by the United States.

    ANA PELÁEZ NARVÁEZ, Committee Chair, said that the Committee commended Cuba for its efforts and called on the State party to implement the Committee’s recommendations for better implementation of the Convention for the benefit of all women and girls in the State.

     

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CEDAW24.030E

    MIL OSI United Nations News

  • MIL-OSI USA: FEMA May Call from Unfamiliar Phone Numbers

    Source: US Federal Emergency Management Agency

    Headline: FEMA May Call from Unfamiliar Phone Numbers

    FEMA May Call from Unfamiliar Phone Numbers

    South Carolina residents who have applied for disaster assistance following Hurricane Helene may get a telephone call from FEMA to schedule an inspection of the damaged home, or to obtain more information to process the application. These calls may come from unfamiliar area codes or phone numbers.

    It is important to answer the call. A FEMA inspection may be required to determine whether a home is safe and livable. If an inspection can’t be scheduled, that may cause a delay in FEMA’s review of the application.

    FEMA specialists may also call to get more information to process an application, or they may contact applicants who started an application and did not complete it.

    Homeowners and renters in Abbeville, Aiken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, Cherokee, Chester, Edgefield, Fairfield, Greenville, Greenwood, Hampton, Jasper, Kershaw, Laurens, Lexington, McCormick, Newberry, Oconee, Orangeburg, Pickens, Richland, Saluda, Spartanburg, Union and York counties and the Catawba Indian Nation can apply for federal assistance.

    The quickest way to apply is to go online to DisasterAssistance.gov. Survivors can also apply in person at a Disaster Recovery Center and meet with representatives of FEMA, the state of South Carolina and the U.S. Small Business Administration. No appointment is needed. To find center locations, go to fema.gov/drc or text “DRC” and a Zip Code to 43362. 

    You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in many languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. For a video with American Sign Language, voiceover and open captions about how to apply for FEMA assistance, select this link.

    FEMA programs are accessible to survivors with disabilities and others with access and functional needs. 

    kwei.nwaogu

    MIL OSI USA News

  • MIL-OSI: PIMCO Canada Announces Special Meeting Details for the Proposed Mergers of Certain Closed-end Funds

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — PIMCO Canada Corp. (“PIMCO Canada”) announces further details about the previously announced proposed mergers (the “Mergers”) of PIMCO Tactical Income Fund (TSX: PTI), PIMCO Tactical Income Opportunities Fund (TSX: PTO) and PIMCO Multi-Sector Income Fund (TSX: PIX) (collectively, the “Existing Funds”) into a new closed-end fund to be managed by PIMCO Canada, PIMCO Monthly Enhanced Income Fund (“PMEI”).

    Pursuant to the terms of the Mergers, holders of units of the Existing Funds will become holders of the same class of units of PMEI. PIMCO Canada has determined that it is in the best interests of unitholders of the Existing Funds to merge into a single fund, which would permit PMEI to: (i) increase liquidity on the secondary market, and (ii) benefit from significant economies of scale, including greater investment flexibility. None of the costs and expenses associated with the Mergers will be borne by the Existing Funds or their respective unitholders. All such costs will be borne by the Manager.

    The Mergers will be voted on at special meetings (the “Meetings”) of unitholders of the Existing Funds to be held on December 4, 2024. If required, adjourned meetings will be held on December 5, 2024. The record date for the purpose of determining which unitholders are entitled to receive notice of, and to vote at, the Meetings is October 16, 2024. Subject to the receipt of all necessary regulatory, unitholder and other third party approvals, and obtaining a receipt for the final non-offering prospectus of PMEI, it is expected that the proposed Mergers will take effect on or about December 20, 2024, or such other date as the Manager may determine in its sole discretion.

    In advance of the Meetings, a notice-and-access document will be sent on or about October 31, 2024 to unitholders of record as at October 16, 2024. The notice-and-access document will describe how unitholders can obtain a copy of the management information circular (the “Circular”) that contains full details of the proposed Mergers. The notice-and-access document and the Circular are also available at http://www.sedarplus.ca and http://www.pimco.ca.

    The independent review committee of each Existing Fund has reviewed the proposed Mergers, including the proposed steps to be taken in implementing the proposed Mergers, and has concluded that the proposed Mergers represent the business judgment of the Manager, uninfluenced by considerations other than the best interests of the Existing Funds, and the proposed Mergers will achieve a fair and reasonable result for each of the Existing Funds.

    In addition, in anticipation of the proposed Merger, PIMCO Tactical Income Fund has terminated its “at-the-market” equity program effective today.

    For further information on PIMCO Canada and the PIMCO funds, please visit http://www.pimco.ca or call us at 1 866 341 3350 (416 368 3350 in Toronto).

    About PIMCO
    PIMCO is one of the world’s premier fixed income investment managers. With its launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, the firm continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today PIMCO has offices across the globe and 2,500+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz SE, a leading global diversified financial services provider.

    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 Fund’s, PIMCO Canada 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 Fund, 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 Fund, 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.

    You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment funds on Toronto Stock Exchange. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    A word about risk: All investments contain risk and may lose value. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed.

    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 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. 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. ©2024, PIMCO

    The products and services provided by PIMCO Canada Corp. 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 Canada Corp. 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2 is a company of PIMCO, 416-368-3350

    Contact:
    Agnes Crane
    PIMCO – Media Relations
    Ph. 212-597-1054
    Email: agnes.crane@pimco.com

    The MIL Network

  • MIL-OSI USA: Disaster Recovery Centers Open in Avery and McDowell Counties

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers Open in Avery and McDowell Counties

    Disaster Recovery Centers Open in Avery and McDowell Counties

    RALEIGH, N.C. –  Two Disaster Recovery Centers (DRC) will open Saturday, Oct. 19 in Newland (Avery County) and Old Fort (McDowell County) to assist North Carolina survivors who experienced loss from Tropical Storm Helene. This is the second DRC to open in McDowell County; the first McDowell County DRC is located in Sylva. 

    The Avery County DRC is located at:  

    Maryland Community College-Avery Campus

    785 Cranberry St.

    Newland, NC 28657

    Open: 8 a.m. – 7 p.m., Monday through Sunday

    The second McDowell County DRC is located at:  

    A.C. “Bud” Hogan Community Center

    909 East Main St. 

    Old Fort, NC 28762

    Open: 8 a.m. – 7 p.m., Monday through Sunday

    A DRC is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.  

    FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral, or dental expenses. 

    Centers are already open in Asheville, Bakersville, Boone, Brevard, Hendersonville, Jefferson, Lenoir, Marion, Sylva and Waynesville. To find those center locations, go to fema.gov/drc or text “DRC” and a zip code to 43362. Additional recovery centers will open soon. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.   

    Homeowners and renters in 39 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center, including locations in other states. No appointment is needed.  

    It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service. 

    barbara.murien…

    MIL OSI USA News

  • MIL-OSI USA: Dakota Tom’s Sandwiches Recalls Pepperjack Cheeseburger, Bacon Cheeseburger and The Gambler Because of Possible Health Risk

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    FDA Publish Date:
    Product Type:
    Food & Beverages
    Foodborne Illness
    Reason for Announcement:

    Recall Reason Description

    Potential Foodborne Illness – Listeria monocytogenes

    Company Name:
    Dakota Tom’s Sandwiches
    Brand Name:

    Brand Name(s)

    Dakota Tom’s

    Product Description:

    Product Description

    Pepperjack Cheeseburger, Bacon Cheeseburger and The Gambler


    Company Announcement

    FOR IMMEDIATE RELEASE- Dakota Tom’s Sandwiches Corsica, SD is voluntarily recalling our Pepperjack Cheeseburger, Bacon Cheeseburger and The Gambler due to the burger patty being included in a recall from an outside supplier (BrucePac). The ingredient supplier (BrucePac) recall is due to possible Listeria monocytogenes contamination.

    Listeria monocytogenes is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, Listeria infection can cause miscarriages and stillbirths among pregnant women.

    These sandwiches were distributed in grocery stores, convenience stores, etc. in the following states: SD, ND, MN, IA, WY. Pepper Jack Cheeseburger UPC 737296806008, The Gambler UPC 737296601788, Bacon Cheeseburger UPC 3729680300, With a Best By Date ranging 9/1/24 – 11/23/24.

    No illnesses have been reported to date for our product.

    Dakota Tom’s Sandwiches is no longer using this ingredient from the ingredient supplier’s (BrucePac) impacted facility.

    Consumers who have purchased these sandwiches should not consume; rather, they may return it to the store for a full refund or discard the item.

    Consumers who have questions regarding this recall may call Dakota Tom’s Sandwiches at the following number:


    Company Contact Information

    Consumers:
    605-946-5123

    Product Photos

    MIL OSI USA News

  • MIL-OSI USA: Disaster Assistance for Virginia Survivors Tops $5 Million

    Source: US Federal Emergency Management Agency

    Headline: Disaster Assistance for Virginia Survivors Tops $5 Million

    Disaster Assistance for Virginia Survivors Tops $5 Million

    BRISTOL, Va.— More than $5 million in federal disaster assistance has been approved for homeowners and renters in Virginia following the impacts of Tropical Storm Helene. 

    This milestone is accompanied by other important moments in disaster assistance and recovery in the commonwealth. Over 1,200 people have visited one of the six DRCs located throughout southwest Virginia. And more than 6,200 Virginians have now registered with FEMA for assistance. 

    “As we pass another milestone in assistance to survivors, we are reminded that Tropical Storm Helene left behind significant devastation.” said FEMA Federal Coordinating Officer Timothy Pheil. “We are here to help and are grateful to work alongside our federal, commonwealth and local partners to continue assisting survivors.” 

    In addition to support for survivors including assistance towards disaster-related essential needs, home repairs and personal property losses, Disaster Unemployment Assistance is now available for Virginians whose work, including self-employment, was directly impacted by Tropical Storm Helene. This program provides unemployment assistance to those who do not otherwise qualify for Virginia’s unemployment insurance. More information on this program can be found on the Virginia Employment Commission website here: Disaster Unemployment Assistance | Virginia Employment Commission

    The United States Department of Agriculture (USDA) is also standing by to assist producers as they work to recover their operations in the wake of Hurricane Helene through a suite of programs. For more information, visit the USDA Disaster Resource Center website here: Hurricane Helene | USDA

    Impacted individuals in Bedford, Bland, Carroll, Giles, Grayson, Pittsylvania, Russell, Montgomery, Pulaski, Scott, Smyth, Tazewell, Washington, Wise, and Wythe counties and cities of Galax and Radford can apply today by visiting http://www.disasterassistance.gov, using the FEMA mobile app, calling 1-800-621-3362, or visiting a DRC.

    If you have already applied for FEMA assistance and have questions about the status of your application or any FEMA letters you have received, call the FEMA helpline at 1-800-621-3362 or visit a DRC. FEMA staff are ready to help answer your questions.

    SBA Business Recovery Centers (BRCs) are now up and running to help businesses get back on their feet from damage they sustained during the storms. More information about BRCs can be found here: Recovery Center locations | U.S. Small Business Administration (sba.gov).

    FEMA has set up a rumor response webpage to clarify our role in the Helene response. Visit Hurricane Helene: Rumor Response | FEMA.gov. 

    For more information on Virginia’s disaster recovery, visit vaemergency.gov,  the Virginia Department of Emergency Management Facebook page , fema.gov/disaster/4831 and facebook.com/FEMA.  

    ###

    FEMA’s mission is helping people before, during, and after disasters. FEMA Region 3’s jurisdiction includes Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia and West Virginia. Follow us on X at x.com/FEMAregion3 and on LinkedIn at linkedin.com/company/femaregion3.

    To apply for FEMA assistance, please call the FEMA Helpline at 1-800-621-3362, visit https://www.disasterassistance.gov/, or download and apply on the FEMA App. If you use a relay service, such as video relay service (VRS), captioned telephone service or others, give FEMA the number for that service. Multilingual operators are available (press 2 for Spanish and 3 for other languages). Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency, or economic status.

    erika.osullivan

    MIL OSI USA News

  • MIL-OSI USA: Sen. Scott Announces Efforts to Bring Public Accountability to the SBA’s Disaster Fund

    US Senate News:

    Source: United States Senator for South Carolina Tim Scott

    WASHINGTON — U.S. Senator Tim Scott (R-S.C.) announced his intent to introduce the SBA Disaster Transparency Act. The legislation would bring the Small Business Administration (SBA) disaster account into parity with the Federal Emergency Management Agency (FEMA) Disaster Relief Fund, requiring public reports on the status of the SBA’s fund.

    Residents in South Carolina, North Carolina, Tennessee, Georgia, and Florida affected by Hurricanes Helene and Milton are counting on us for urgent federal assistance,” said Senator Scott. “As we work to provide much-needed support, we must also ensure that Congress and the American people are never caught off guard by funding shortfalls. My bill will mandate that the Small Business Administration publicly report on the status of the Disaster Loan Account, similar to FEMA’s transparency with its Disaster Relief Fund. This will enhance accountability and enable Congress to provide timely assistance during disasters well before funds are depleted.”

    Earlier this week, Senator Scott joined Senate Small Business Committee Ranking Member Ernst (R-Iowa) and his Senate colleagues in penning a letter to SBA Administrator Guzman raising serious concerns with the unacceptable failures by SBA that allowed this funding shortfall to occur. Joining Senators Scott and Ernst on the letter were Senators Todd Young (R-Ind.) and James Risch (R-Idaho).

    “We are committed to ensuring disaster victims across our nation, including those affected by recent Hurricanes Helene and Milton, receive timely federal disaster assistance…” the Senators wrote. “We are deeply concerned about the SBA’s handling of its disaster loan account and the SBA’s failures to provide its authorizing committees statutorily required information…Unfortunately, the SBA failed to comply, or only partially complied, with several of these provisions, and is now, at the eleventh-hour, sounding alarm bells.”

    Read their full letter here.

    As of October 15th, the SBA stated that its Disaster Loan Account is exhausted, but they will continue to accept applications to be considered for loan dollars once Congress appropriates more disaster funds.

    MIL OSI USA News

  • MIL-OSI Security: Defense News: Military Leaders Strengthen Indo-Pacific Partnerships During Guam, Hawaii Visit

    Source: United States Navy

    he visit focused on regional security and stability, as well as the defense of American interests and our allies and partners.

    “The United States has always been and remains a Pacific power,” said Mancinelli. “American prosperity and security depend on free and open oceans, and Guam is a strategic hub for critically important activity for the Navy and for our Department of Defense.”

    During his visit to Guam, Mancinelli and Rosenblum met with Governor Lou Leon Guerrero and Lt. Governor Joshua Tenorio to express appreciation for their continued support of the military, service members, and their families.

    “I’m grateful for the close partnership that the Department of Defense shares with Governor Guerrero, Lieutenant Governor Tenorio, and other local leaders on island.  Together, we are committed to ensuring that Guam remains secure and resilient,” said Mancinelli. “So I thank the Governor and the Chamorro people for their contributions to U.S. national security, and for their strong and consistent support of the military presence on Guam.”

    The Governor discussed her priorities, emphasizing defense and the importance of balancing community needs with national security demands.

    “Our administration remains fully committed to promoting peace and stability in the region, with a primary focus on ensuring Guam’s security in the face of growing threats,” said Leon Guerrero. “The relationships we’ve established with the Department of Defense and our federal partners create a strong foundation for advocating for the needs of the people of Guam while navigating the unprecedented military expansion on the island. It is vital that we continue building upon these partnerships, from our local federal and DoD collaborators to INDOPACOM and the Pentagon.”

    Lt. Governor Tenorio added, “While we understand that the Department of Defense may not have statutory authority over some of our needs, they can serve as advocates in securing other federally funded resources, including congressional authorizations and appropriations that are essential for the people of Guam.”

    Mancinelli discussed the ways in which the Department of Defense will continue to work together with the Governor’s office to understand how the military build-up on Guam can be done in partnership with the on-island community.

    He added, “We won’t do anything about Guam without Guam.”

    The acting UNSECNAV’s engagements in Guam also included meetings with Commander, Joint Task Force-Micronesia (JTF-M) Rear Adm. Greg Huffman; Commander, Joint Region Marianas (JRM) Rear Adm. Brent DeVore; Guam Del. James Moylan; and leaders from the Navy, Marine Corps, Army, and Air Force. He also spoke with service members at Naval Base Guam, Marine Corps Base Camp Blaz, Task Force Talon’s Army Terminal High Altitude Area Defense (THAAD) site, Andersen Air Force Base, and met with the Armed Forces Committee of the Guam Chamber of Commerce.

    During his time in Guam, Mancinelli and Rosenblum received updates on infrastructure, missile defense, housing, schools, shipbuilding, recruiting, and Typhoon Mawar recovery. The Acting UNSECNAV highlighted the Department of the Navy’s commitment to quality of life initiatives and the essential role Guam plays in Indo-Pacific defense efforts.

    “Guam is part of the U.S. homeland.  It is physically closer to Beijing than Hawaii,” said Mancinelli.  “Our efforts here are designed to deter regional aggression and safeguard the interests of the United States as well as our allies and partners. If deterrence fails, we will fight from Guam, and we will fight for Guam.”

    In Hawaii, Mancinelli and Rosenblum met with senior military leaders, including Commander, U.S. Pacific Fleet Adm. Stephen Koehler; Commander, U.S. Marine Corps Forces, Pacific Lt. Gen. James Glynn; U.S. Indo-Pacific Command Chief of Staff Major Gen. Joel Carey; and Director, Maritime Headquarters and Theater Sustainment, U.S. Pacific Fleet Rear Adm. Christopher Nash.  Mancinelli received operational briefings, visited local commands, and toured installations, meeting with Navy, Marine, Army, and Air Force personnel.

    At the 3rd Marine Littoral Regiment, Mancinelli was briefed on experimentation, capabilities, and training to further enhance maneuver and maritime operations. He and Ms. Rosenbaum also toured Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF), where Mancinelli received an update on construction efforts to modernize the yard’s infrastructure.  He also observed submarine maintenance and spoke with ASC [formerly known as the Australian Submarine Corporation] employees conducting training at the shipyard as part of the AUKUS trilateral security partnership.  

    “AUKUS is crucial to enhancing our maritime capabilities,” Mancinelli explained. “The Navy is working closely with our partners to help Australia develop, operate, and maintain its own sovereign, conventionally armed, nuclear-powered submarines – a generational opportunity to strengthen our alliance. It was excited for me to speak with the growing number of Australian engineers and craftsmen working alongside Pearl Harbor Naval Shipyard’s experts to learn how to maintain the cutting-edge technology on U.S. Navy fast attack submarines.”

    Mancinelli and Rosenblum also met with Commander, Navy Region Hawaii and Commander of the Navy Closure Task Force-Red Hill (NCTF-RH) Rear Adm. Stephen Barnett, as well as Deputy Commander NCTF-RH Rear Adm. Marc Williams. They discussed environmental assessments, water monitoring initiatives, and the Navy’s commitment to close the Red Hill Bulk Fuel Storage Facility.

    Deputy Secretary of Defense Kathleen Hicks designated the Under Secretary of the Navy as DoD’s Lead Senior Defense Official for Guam in January.  In this capacity, Mancinelli is responsible for engaging key leaders in Guam; providing oversight, advocacy, and support to Commander, Joint Region Marianas in the execution of its installation management mission; and aligning efforts across DoD to meet operational and resourcing requirements consistent with the National Defense Strategy, while developing and delivering new capabilities to meet logistics, environmental and infrastructure requirements.

    This was Mancinelli’s first official visit to Guam and Hawaii as Acting Under Secretary of the Navy.

    MIL Security OSI

  • MIL-OSI USA: Church Brothers Farms Recall Green Onions Due to Possible Health Risk

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    FDA Publish Date:
    Product Type:
    Food & Beverages
    Foodborne Illness
    Reason for Announcement:

    Recall Reason Description

    Salmonella

    Company Name:
    Church Brothers, LLC
    Brand Name:

    Brand Name(s)

    Multiple brand names

    Product Description:

    Product Description

    Green Onions


    Company Announcement

    Salinas, CA, October 18, 2024 (For Distribution) – Church Brothers, LLC (“Church Brothers Farms”) is voluntarily recalling 1271 cases of green onions because of the potential to be contaminated with Salmonella, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy persons infected with Salmonella often experience fever, diarrhea, nausea, vomiting and abdominal pain.

    Distribution was limited to a small number of retail and foodservice customers in Canada and USA (Alabama, California, Connecticut, Florida, Georgia, Illinois, New York, Oklahoma, Pennsylvania, Tennessee, Virginia). Church Brothers Farms has notified these customers and is working with them to ensure rapid compliance with the recall.

    Canada

    Brand

    Item Description

    Lot Code

    Imperial Fresh Green Onion Iceless 4x2lb Reg CB272378

    USA

    Brand

    Item Description

    Lot Code

    Container Type and Lot
    code location

    Church Brothers Green Onions Iceless 4x2lb Reg Church Brothers Mexico CB272378 Clear bag, product code located in front of the
    bag.
    Trader Joe’s Green Onion Iceless 24x6oz
    Reg Trader Joe’s Mexico
    CB272378,
    Pack Date
    092524
    Brand retail bag with pack
    date label on back of bag
    Imperial Fresh Green Onion Iceless 4x2lb Reg CB272378 Clear bag, product code
    located in front of the
    bag

    This recall is the result of a single product sample collected by Canadian Food Inspection Agency that indicated the presence of Salmonella. The Company promptly reported this issue to Food & Drug Administration. To the knowledge of Church Brothers Farms, no illnesses have occurred or been reported to date.

    Only those products that are named in this announcement are being recalled. No other products are affected by the recall.

    In the event customers or consumers have the recalled product in their refrigerators, they should be discarded and not consumed.

    Consumers with questions or concerns may contact Church Brothers Farms Consumer Hotline 1-877-590-0428 8:00am to 4:00pm PST Consumer Email: consumerinfo@churchbrothers.com.


    Company Contact Information


    Product Photos

    MIL OSI USA News

  • MIL-OSI USA: TreeHouse Foods Announces Voluntary Recall of Certain Waffle Products Due to the Potential for Listeria monocytogenes Contamination

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    FDA Publish Date:
    Product Type:
    Food & Beverages
    Foodborne Illness
    Reason for Announcement:

    Recall Reason Description

    Potential Foodborne Illness – Listeria monocytogenes

    Company Name:
    TreeHouse Foods, Inc.
    Brand Name:

    Brand Name(s)

    Multiple brand names

    Product Description:

    Product Description

    Frozen Waffle Products


    Company Announcement

    OAK BROOK, Ill., Oct. 18, 2024 /PRNewswire/ — TreeHouse Foods, Inc. (NYSE: THS) is voluntarily recalling certain frozen waffle products listed below due to the potential to be contaminated with Listeria monocytogenes. Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea. Listeria monocytogenes infection can cause miscarriages and stillbirths among pregnant women.

    The recalled products were distributed throughout the United States and Canada and packed in various formats under the brand names listed below.

    Consumers and retailers can identify the UPC on the back of the carton, and the Lot Code and Best By Date for these products on the end of the carton. Photos of the affected products can also be found on this site: https://s202.q4cdn.com/734602292/files/doc_downloads/2024/10/Brantford-Waffles-Press-Release-FinalDraft-All-Images-Only-JC.pdf.

    There have been no confirmed reports of illness linked to the recalled products to date. Anyone concerned about an illness should contact a healthcare provider.

    This issue was discovered through routine testing at the manufacturing facility.

    Consumers should check their freezers for any of the products listed above and dispose of them or return the recalled product to the place of purchase for credit. Consumers with questions may contact the company at 800-596-2903, Monday – Friday, 8:00 a.m. – 4:30 p.m. (CST).

    This recall is being carried out with the knowledge of the U.S. Food and Drug Administration (U.S. FDA) and Canadian Food Inspection Agency (CFIA).

    CONTACT: Media Contact: Howard Karesh, media@treehousefoods.com; Investor Contact: Matt Siler, Matt.Siler@treehousefoods.com; Consumer Affairs: 800-596-2903.

    See Product Release List


    Company Contact Information

    Consumers:
    Consumer Affairs
    800-596-2903

    MIL OSI USA News

  • MIL-OSI Submissions: Africa – ITE Group, Leading Business-to-Business (B2B) Exhibition Organiser, Highlights Multibillion-Dollar Business Opportunities for BRICS+ Nations in the Russian Market

    SOURCE: ITE Group

    As Russia continues to deepen its economic ties with BRICS+ countries, new opportunities are emerging for businesses to tap into one of the most promising markets

    DUBAI, United Arab Emirates, October 18, 2024 – Industry Growth in Russia Projected to Surge by 30% in the Next 5 Years
    Expanded Market to Generate Over $250 Billion in Building, Design, and Construction Sectors

    ITE Group (https://ITE.Group), the premier B2B exhibition organiser in Russia and the Commonwealth of Independent States (CIS), is forecasting a surge in business opportunities for BRICS+ nations, with industry growth in Russia projected to increase by over 30% by 2030. This rapid expansion is expected to generate more than $250 billion across key building, design, and construction sectors.

    As Russia continues to deepen its economic ties with BRICS+ countries, new opportunities are emerging for businesses to tap into one of the most promising markets. ITE Group’s role in hosting large-scale exhibitions, including MosBuild, has been instrumental in driving this development. These platforms provide BRICS+ companies with direct access to Russia’s evolving industrial landscape, fostering international trade and collaboration.

    Over the 2022-23 period, ITE Group recorded an impressive 36% increase in visitor numbers year-on-year, with attendees from over 100 countries, reflecting the growing interest and confidence from across the region. This surge in attendance highlights the expanding reach of ITE Group’s exhibitions, which continue to attract both established industry players and new entrants seeking to capitalise on the burgeoning opportunities within BRICS+ countries.

    “BRICS+ Nations are carving out larger roles in the Russian market through greater collaboration and trade. Our exhibitions are pivotal in facilitating these vital business connections,” said Dmitry Zavgorodniy, CEO of ITE Group.

    “By hosting 26 events each year, we ensure that businesses from all industries have the opportunity to connect, collaborate, and thrive. With over 500, 000 visitors per year, we’re excited for the future. We are proud to be pivotal in driving economic growth and fostering meaningful connections among BRICS+ countries.”

    ITE Group serves multiple industries including Building & Interior Design, Chemicals & Pharmaceutical Production, Food & Agriculture, Commercial & Urban Transport and IT & Technology sectors. In September 2024, Crocus Expo hosted one of ITE Group’s flagship events, World Food Moscow, where F&B manufacturers, service providers, and industry innovators come together from retail giants to wholesale distributors.

    “Our experience at the World Food Forum was nothing short of extraordinary. Exhibiting at this prestigious event opened the door to unparalleled international networking opportunities, connecting us with industry leaders and innovators from around the globe. The exposure and connections we’ve gained have been instrumental in our plans to expand into new markets. We are excited about the future and confident that the relationships and insights developed here will propel our business to new heights.” Yaseem Saif, Development and Foreign Markets Manager, Bawabt Liwa Group

    In 2025, MosBuild, one of ITE’s headline shows will take place, celebrating its 30th anniversary. The show is expected to surpass all previous records with an estimated 60,000 visitors and 1,400 exhibitors from over 20 countries.

    “Last year’s MosBuild was an exceptional experience for our business. The event exceeded our expectations, providing us with invaluable connections and opportunities that directly contributed to our growth. The organisation, the quality of attendees, and the networking possibilities were top-class. The quality of the visitors we met was very high and through the show, we expect them to have a lasting impact on our business. We’re already looking forward to 2025, excited to meet even more potential clients and continue building on the success we’ve enjoyed.” Fabio Venezia, Export Manager, Cemom

    With a robust portfolio of exhibitions spanning various sectors, ITE Group remains at the forefront of facilitating business growth and international partnerships. The group’s ongoing efforts to create high-impact, industry-specific events are expected to enhance the competitive landscape further, driving sustained economic development well into the next decade.

    ITE in Numbers:

    Over 500,000+ visitors per year
    1,700+ regional and international media in attendance
    Over 2 million business contacts in our database
    10,000+ exhibitors per year

    ITE Group Sectors: Building & Interior Design, Food & Agriculture, Transport & Logistics, Water Supply & HVAC, Chemicals & Pharmaceutical, Travel & Hospitality, Welding & Hardware, Commercial & Urban Transport, IT & Technology, Warehousing Solutions, Woodworking, Consumer Goods, Laboratory Equipment, Dairy Manufacturing, Electronics & Components, Mining, Printing & Packaging.      
    About ITE Group:
    ITE Group is Russia’s leading B2B exhibition organiser, renowned for its commitment to fostering international trade and business development. With a robust portfolio of 26 high-profile events annually, ITE Group also creates bespoke Digital Connect platforms for all major events helping to drive economic growth and collaboration. Established in 1991, ITE Group has organised Russia and CIS’s largest industry exhibitions for over three decades, providing transformative platforms for essential dialogue between businesses and government, ensuring substantial outcomes.

    Event Calendar:
    For more information on our events and to view the full calendar, please visit http://apo-opa.co/4f9up9e

    MIL OSI – Submitted News

  • MIL-OSI China: 2024 China Int’l Consumer Electronics Exposition kicks off in Qingdao

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

    MIL OSI China News

  • MIL-OSI: Lara Ramsey Named President of National Bankshares, Inc. and The National Bank of Blacksburg

    Source: GlobeNewswire (MIL-OSI)

    BLACKSBURG, Va., Oct. 18, 2024 (GLOBE NEWSWIRE) — National Bankshares, Inc. is pleased to announce the promotion of Lara E. Ramsey to President of the Company and its subsidiary bank, The National Bank of Blacksburg, effective January 1, 2025. Ms. Ramsey has been with the Company since 1996, most recently as Executive Vice President and Chief Operating Officer. During her career at National Bankshares she has led the Company’s Investment, Human Resources, Marketing, Training, Corporate Administration, and Strategic Initiative functions.

    The Company’s current President and Chief Executive Officer, F. Brad Denardo, will continue to serve as Chairman and Chief Executive Officer of the bank and holding company.

    A native of Lebanon, Virginia, Ms. Ramsey is a graduate of Radford University with a dual bachelor’s degree in Psychology and Economics and a master’s degree in Industrial and Organizational Psychology. She is also a graduate of the Virginia Bankers Association’s School of Bank Management, the American Bankers Association’s Stonier Graduate School of Banking, The New River Valley Leadership program, and is a certified Senior Professional in Human Resources.

    President and CEO F. Brad Denardo commented, “We are very proud of Lara, and we are excited to see her assume this key leadership role in our organization. Over the past 28 years, Lara’s contributions have been pivotal to the growth and success of our Company. She has a deep understanding of banking and of our Company’s unique role in the communities we serve. Her experience and leadership stand to greatly benefit our stakeholders and continue our core commitments to customer service and shareholder value.”

    Ms. Ramsey serves on the Radford University Alumni Association Board of Directors and the Radford University Athletic Foundation Board of Directors. She is a past Board Member of both the United Way of the New River Valley and the Montgomery County Chamber of Commerce. Ms. Ramsey resides in Radford with her husband, Sean. The couple have an adult son, Benjamin, who is currently pursuing a master’s degree at Virginia Tech.

    National Bankshares, Inc., headquartered in Blacksburg, Virginia, is the parent company of The National Bank of Blacksburg, which does business as National Bank, and of National Bankshares Financial Services, Inc. National Bank is a community bank operating from 27 full-service offices, primarily in southwest and central Virginia, and two loan production offices in Roanoke and Charlottesville, Virginia. National Bankshares Financial Services, Inc. is an investment and insurance subsidiary in the same trade area. The Company’s stock is traded on the Nasdaq Capital Market under the symbol “NKSH.” To learn more about National Bankshares, Inc. at http://www.nationalbankshares.com.

    For more information, contact:
    Eric Robinson
    Marketing & Communications Officer
    540-951-6276

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1cde3e1-b3cb-4c57-9ce8-3fa2d02e7916

    The MIL Network

  • MIL-OSI Canada: Changes to AgriStability program saving Alberta farmers time and money

    Source: Government of Canada News

    News release

    October 17, 2024 – Edmonton, Alberta – Agriculture and Agri-Food Canada

    Changes to Agriculture Financial Services Corporation (AFSC)’s AgriStability program will reduce paperwork and lower costs for producers.

    Farmers are vital to Alberta’s economy, providing essential food resources and driving rural prosperity, yet they often face burdensome paperwork and high accounting fees that hinder their productivity. Governments are making changes to the AgriStability program to address these challenges.

    A new option to align AgriStability reporting with tax filing in 2025 will result in less paperwork, reduce accounting fees, and make enrolment and participation in the program much easier. An accelerated deadline to submit program forms to AFSC will lead to earlier payment. Enrolling in AgriStability can also provide producers access to other credit options like the federal Advance Payments Program, which offers low-cost cash advances. 

    AgriStability is an individual, whole-farm, margin-based program that helps producers who experience margin declines greater than 30% due to production loss, adverse market conditions and increased costs. In 2023, AgriStability also increased compensation for margin declines exceeding 30%, offering 80 cents per dollar of decline, up from the previous rate of 70 cents.

    Producers rely on business risk management programs to offset the financial impact of many challenges. AgriStability provides income stabilization protection to help producers manage large margin declines that threaten their farm’s viability.

    Risk management is critical in farming and each producer needs to examine their situation and the tools available before making decisions. AFSC has a robust suite of lending, business risk management and insurance options that producers can access.

    Quotes

    “Farmers can often face uncertainty, and programs like AgriStability help them to protect their operations. To make things a little bit easier, we’ve made changes to the AgriStability program that will reduce paperwork, so our farmers can get the support they need, faster, and continue producing top-quality products.”

    –  The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food 

    “We value the dedication and adaptability of our province’s farmers. These changes to the AgriStability program will better respond to each producer’s unique situation, making the program more predictable, timely and simpler to access, which is what producers have been asking for.”

    – RJ Sigurdson, Minister of Alberta Agriculture and Irrigation 

    “Through our risk management programs, AFSC plays an important role in sustaining the agriculture industry. By making enrolment and participation in the AgriStability program easier it allows us to support Alberta producers more effectively.”

    – Darryl Kay, CEO, Agriculture Financial Services Corporation (AFSC)

    Quick facts

    • AgriStability protects Canadian producers against large declines in farming margins for reasons such as production loss, increased costs and market conditions.

      • AgriStability is one of the Business Risk Management programs under the Sustainable Canadian Agricultural Partnership (Sustainable CAP).
    • For more than 80 years, AFSC, a provincial Crown corporation, has provided loans, crop insurance and farm income disaster assistance programs to farmers, agribusinesses and other small businesses.

    • AFSC provides leading, innovative, client-focused financial and risk-management solutions to grow agriculture in Alberta. 

    • The deadline to apply for 2025 program coverage is April 30, 2025. 

    Associated links

    Contacts

    For media:

    Annie Cullinan
    Director of Communications
    Office of the Minister of Agriculture and Agri-Food
    annie.cullinan@agr.gc.ca

    Media Relations
    Agriculture and Agri-Food Canada
    Ottawa, Ontario
    613-773-7972
    1-866-345-7972
    aafc.mediarelations-relationsmedias.aac@agr.gc.ca
    Follow us on Twitter, Facebook, Instagram, and LinkedIn
    Web: Agriculture and Agri-Food Canada

    Darby Crouch
    darby.crouch@gov.ab.ca
    587-335-6934
    Press Secretary, Agriculture and Irrigation

    MIL OSI Canada News

  • MIL-OSI: Boussard & Gavaudan Holding Ltd (EUR): Particulars of Cash Exit

    Source: GlobeNewswire (MIL-OSI)

       Boussard & Gavaudan Holding Limited (the “Company”)

    a closed-ended investment company incorporated with limited liability
    under the laws of Guernsey
    with registration number 45582

    Legal Entity Identifier: 5493002XNM3W9D6DF327
            
                            

    Particulars of Cash Exit

    In accordance with the circular to Shareholders dated 25 June 2024 (the “Circular“) and the Articles, the Company announces the particulars of the compulsory redemption of Shares to be effected pursuant to the Cash Exit on 1 November 2024.

    Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as set out in the Circular. Shareholders should refer to the Circular for full details of the Cash Exit, including the timetable for the redemption and distribution of redemption proceeds.

    The redemption price payable to each Shareholder pursuant to the Cash Exit will be an amount equal to the net asset value (NAV) per Share of the relevant class of Shares as at the close of business of the Calculation Date, being 31 October 2024. The redemption monies will be payable in the currency of each relevant class of Shares and will be paid to Shareholders within 14 Business Days of the Cash Redemption Date (being 1 November 2024), or as soon as practicable thereafter.

    On each Business Day, the Company announces on its website the estimated net asset value of its Euro Shares and Sterling Shares as at the close of business of the preceding Business Day. This information is available here: https://www.bgholdingltd.com/p/14/financial-announcements.

    In the event that the net asset values per Share calculated as at the close of business of 31 October 2024 were equal to their most recent estimates, the resulting redemption price per Share payable to holders of Euro Shares (ISIN: GG00B1FQG453) and holders of Sterling Shares (ISIN: GG00B39VMM07) under the Cash Exit would be €28.4353 and £25.5630, respectively.

    These figures are hypothetical, non-indicative of the actual redemption price and non-binding. They are provided for illustration purposes only and no reliance should be placed on them. The actual redemption price will be equal to the net asset value as at 31 October 2024, which may differ from the most recent estimated net asset values per Share provided above.

    For further information please contact:
    Boussard & Gavaudan Investment Management LLP
    Emmanuel Gavaudan
    +44 20 3751 5389

    JTC Fund Solutions (Guernsey) Limited
    Secretary
    +44 (0) 1481 702400

    18 October 2024

    Website: http://www.bgholdingltd.com

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

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

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

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

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

    Attachment

    The MIL Network

  • MIL-OSI Economics: 8 expert tips for getting started with NotebookLM

    Source: Google

    You might know Steven Johnson as an author. He’s written a number of books, many focused on the science of how we think and the history of innovation. But he’s also a Googler who has worked on the NotebookLM team from the beginning of the project two years ago. “Simply put, NotebookLM is a tool for understanding things,” Steven says. Think of it as your virtual note-taking and research assistant: NotebookLM takes information, digests and analyzes it so that you can glean more from it. It’s designed for that “deeper dive” you may need to take into a topic — or multiple topics at once.

    With NotebookLM, you create individual notebooks dedicated to a topic or project. You can upload up to 50 “sources” with up to 25 million words — all from things like PDFs, Google Docs, websites and YouTube videos. Then, NotebookLM uses Gemini 1.5’s multimodal capabilities to assess and make connections between the sources you’ve added. You can ask questions about the content or ask NotebookLM to format it in a specific way — it will even provide citations that link back to the most relevant original passages in your sources. And along the way, your private information is never shared or used to train the model.

    If you’re just getting started, try these eight tips from Steven to get the most out of NotebookLM.

    1. Experiment with your recent documents — even if they’re random

    One of the first things Steven suggests new NotebookLM users do is upload their 10 most recent documents into one notebook and start experimenting by asking questions. Even if your most recent documents are unrelated and totally random, it’s a great way to test run what NotebookLM can do. Whether you know the material in the documents down to the letter, or it’s all pretty new to you, NotebookLM will help you uncover some interesting insights.

    2. Create one main notebook and then identify topic-based notebooks from there

    Steven suggests keeping what he calls an “everything notebook,” which you load up with sources that include the general knowledge you work with most days. The sources might be inspirational quotes from books you read, or the core documents that describe the company you work for, or all your brainstorming ideas that you’ve captured over the years. “I do a lot of open-ended thinking and exploring of ideas in my ‘everything’ notebook,” Steven says. But it’s equally important to create topic- or project-based notebooks as well. “I’ve got a notebook devoted exclusively to the work we do building NotebookLM,” Steven explains. “It’s got all the press releases, new feature descriptions and important internal docs we write as a team.” By keeping all those related sources in a single notebook, Steven effectively has a personalized AI that’s almost like having another member of the team. “I can go in there and type something like, ‘Draft the outline of a blog post for that feature we were discussing last week,’ and Notebook knows exactly what to do.”

    3. Use NotebookLM to connect the dots from different materials

    NotebookLM is extremely useful for situations where you need to manage, connect and synthesize information from multiple sources. “We all have this problem where we’re working on something, and the information we need is scattered across desktop folders, tabs and wherever else,” Steven says. This is what NotebookLM is made for, he explains: connecting all those scattered dots.

    It can be especially helpful as a next step after using Gemini and Gems. After you brainstorm or have other open-ended conversations in those tools, NotebookLM can take the results and turn them into something easy to follow. Steven offers the example of working on a slide deck. Maybe you start the process by brainstorming with Gemini, which leads you to open a few tabs of articles, save some design inspo images and put some notes in a Google doc. You can then feed all of that into NotebookLM, which will synthesize the information into an easy-to-digest format so you can reference everything in one place when you get to the stage of building your presentation in Google Slides.

    4. Start with the suggested questions

    Once you’ve added content to NotebookLM, it’s time to start asking questions — which might leave you stumped. Similarly to tips we shared about using the Gemini-powered side panel in Workspace tools, Steven says NotebookLM’s suggested questions are a great resource. “The model will actually help you ask questions that guide you through the material for a while until you think of something you want to ask,” he explains. You can find some starter questions in the “Notebook Guide” that appears after you upload your first sources. Plus, when you start asking questions, NotebookLM will suggest follow-up queries, too, based on what you’ve already asked and what you uploaded.

    5. Ask NotebookLM to deliver info in different ways

    Something that came out of early testing, Steven says, was the need for NotebookLM to show information in various formats. “Everyone processes information differently, or even just prefers to see information presented in different ways,” he explains. Using the Notebook Guide feature, NotebookLM can turn your uploaded content into an FAQ, a briefing document, a timeline, a table of contents, a study guide — or the popular new Audio Overview, which actually transforms your information into an engaging conversation between two AI “hosts.” Try different options both to see what works best for your own learning purposes as well as for presenting information to others.

    6. Don’t shy away from creative uses

    NotebookLM is an amazing resource for work and school projects (the team actually just launched a pilot program for NotebookLM Business for collaborating within a workplace). But it’s also a great tool for lots of creative uses outside the office or classroom. “We’re seeing a lot of people using it for assistance with writing fantasy and sci-fi novels or developing games where they’re working on world building and intricate backstories,” Steven says. Maybe for your screenplay, you jotted down some notes in a doc, saved various webpages and took photos and videos as inspiration. “There’s all of this information that can be hard to keep straight,” Steven says. “You can put all of that stuff into a single notebook and ask things like, ‘What was the deal with that one character?’ Or ‘Remind me which characters live where?’”

    Steven particularly likes that you can ask NotebookLM for creative input with questions like, “Which characters do you think are most compelling?” or, “What are your favorite parts?” “It’s like being able to control F for ‘interestingness’!” he says.

    7. Turn your sources into Audio Overviews

    You should definitely turn each of those 10 documents you start with, or whatever else you upload, into an Audio Overview, Steven says. “After waiting a few minutes for it to generate, you will have a very entertaining, kind of mind-blowing audio conversation about whatever you uploaded!” Steven says. And the team has just released a new feature in Audio Overviews that allows you to adjust the format of the conversation. Just hit “Customize” in the Audio Overviews panel and enter a short description of what you want the hosts to focus on from your sources. “You can also steer them in terms of the approach of the level of sophistication you want from the Overview,” Steven explains. “I’ve been uploading my own writing and asking them to give me constructive criticism about my work.”

    8. Revisit your NotebookLM chat sessions

    NotebookLM makes it easy to save anything interesting that comes up during your text chats with the AI, just by hitting the “save to note” button in every text exchange. Steven recommends another option as well. “Let’s say you have a conversation about one of your notebooks — you ask questions and then follow-up questions, and you even ask it to refine your idea,” Steven says. You don’t want to lose whatever progress you made or insights you gathered during that dialogue. “At the end of the chat, you can ask NotebookLM to summarize the key points from the conversation into a single note that goes in that notebook,” Steven explains. “That way,” he says, “Future You will thank Past You — and NotebookLM — for making it as easy as possible to pick up where you left off.”

    MIL OSI Economics

  • MIL-OSI Security: St. Louis County Woman Sentenced for $100,000 Pandemic Loan Fraud

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

    ST. LOUIS –U.S. District Judge Rodney W. Sippel on Thursday ordered a woman who fraudulently obtained five pandemic relief loans to repay $113,223 to the U.S. Small Business Administration and placed her on probation for five years.

    Camille N. Foster, now 32, of St. Louis County, Missouri, obtained five Paycheck Protection Program (PPP) loans between May 2020 and November 2021 by submitting fraudulent loan applications on behalf of three businesses: Humble Hearts Home Healthcare LLC, Embellished Jewels LLC and Muse Me Boutique LLC. On the applications, she knowingly misrepresented the payroll and annual income of the businesses, which were not in operation at the time. She also submitted fraudulent tax forms with the applications. In a loan application for Muse Me Boutique, Foster used someone else’s name and Social Security number on the application, and signed that person’s name on the application without the person’s knowledge.

    PPP loans were intended to help struggling small businesses during the COVID-19 pandemic, but Foster did not use the money for that purpose. She spent it on retail purchases, dining, cosmetic surgery, bill payments, travel, taxes and payments to others. She then submitted fraudulent applications for PPP loan forgiveness for many of the loans she received, claiming that she had spent most or all the money on payroll costs.

    Foster, also known as Foster-Nunley, pleaded guilty in April to two counts of wire fraud.

    The FBI investigated the case. Assistant U.S. Attorney Jonathan Clow prosecuted the case.

    Anyone with information about pandemic fraud should call the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or report via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI

  • MIL-OSI: Boussard & Gavaudan Holding Ltd (GBP): Particulars of Cash Exit

    Source: GlobeNewswire (MIL-OSI)

      Boussard & Gavaudan Holding Limited (the “Company”)

    a closed-ended investment company incorporated with limited liability
    under the laws of Guernsey
    with registration number 45582

    Legal Entity Identifier: 5493002XNM3W9D6DF327
            
                            

    Particulars of Cash Exit

    In accordance with the circular to Shareholders dated 25 June 2024 (the “Circular“) and the Articles, the Company announces the particulars of the compulsory redemption of Shares to be effected pursuant to the Cash Exit on 1 November 2024.

    Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as set out in the Circular. Shareholders should refer to the Circular for full details of the Cash Exit, including the timetable for the redemption and distribution of redemption proceeds.

    The redemption price payable to each Shareholder pursuant to the Cash Exit will be an amount equal to the net asset value (NAV) per Share of the relevant class of Shares as at the close of business of the Calculation Date, being 31 October 2024. The redemption monies will be payable in the currency of each relevant class of Shares and will be paid to Shareholders within 14 Business Days of the Cash Redemption Date (being 1 November 2024), or as soon as practicable thereafter.

    On each Business Day, the Company announces on its website the estimated net asset value of its Euro Shares and Sterling Shares as at the close of business of the preceding Business Day. This information is available here: https://www.bgholdingltd.com/p/14/financial-announcements.

    In the event that the net asset values per Share calculated as at the close of business of 31 October 2024 were equal to their most recent estimates, the resulting redemption price per Share payable to holders of Euro Shares (ISIN: GG00B1FQG453) and holders of Sterling Shares (ISIN: GG00B39VMM07) under the Cash Exit would be €28.4353 and £25.5630, respectively.

    These figures are hypothetical, non-indicative of the actual redemption price and non-binding. They are provided for illustration purposes only and no reliance should be placed on them. The actual redemption price will be equal to the net asset value as at 31 October 2024, which may differ from the most recent estimated net asset values per Share provided above.

    For further information please contact:
    Boussard & Gavaudan Investment Management LLP
    Emmanuel Gavaudan
    +44 20 3751 5389

    JTC Fund Solutions (Guernsey) Limited
    Secretary
    +44 (0) 1481 702400

    18 October 2024

    Website: http://www.bgholdingltd.com

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

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

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

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

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

    Attachment

    The MIL Network

  • MIL-OSI Security: Par Funding Principal and Former CFO Pleads Guilty to Racketeering Conspiracy

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

    PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Joseph Cole Barleta (aka “Joe Cole”), 41, of Philadelphia, Pennsylvania, entered a plea of guilty today before United States District Court Judge Mark A. Kearney on one count of racketeering conspiracy, in connection with his role in the operation of a fraudulent investment vehicle known as Complete Business Solutions Group Inc. d/b/a Par Funding (“Par Funding”), which is alleged to have generated over $100 million in illegal proceeds for Barleta and its other principals, to the detriment of Par Funding’s numerous investors, many who live in the Philadelphia region.

    According to a second superseding indictment filed in February, Barleta and codefendants Joseph LaForte, James LaForte, and others, were part of an association-in-fact RICO enterprise that conspired to commit a number of predicate crimes, including crimes related to the fleecing of Par Funding’s many investors. Barleta’s admitted role in the conspiracy related to the securities and wire fraud components of the enterprise.

    Joe LaForte and James LaForte pleaded guilty last month to racketeering conspiracy, securities fraud, and related crimes.

    Joe LaForte is scheduled to be sentenced on January 13, 2025.

    James LaForte and Joseph Cole Barleta are both scheduled to be sentenced on February 20, 2025.

    Per the terms of Barleta’s plea agreement, the government is seeking a sentence of imprisonment of up to eight years, although the Court has discretion to impose a higher or lower sentence.

    This case was investigated by the FBI, IRS Criminal Investigation, the Federal Deposit Insurance Corporation Office of Inspector General, and Pennsylvania State Police and is being prosecuted by Assistant United States Attorneys Matthew T. Newcomer, Samuel S. Dalke, Eric D. Gill, and Patrick J. Murray, as well as former Assistant United States Attorney Alexandra M. Lastowski. The SEC in Florida investigated and litigated the civil securities fraud charges, which formed the basis of a portion of the criminal prosecution.

    MIL Security OSI

  • MIL-OSI Canada: Government of Canada announces $3 million in funding to support tourism recovery in Jasper and the region

    Source: Government of Canada News (2)

    Jasper is one of Canada’s most iconic destinations, treasured by Canadians and renowned around the world.

    October 18, 2024 – Jasper, Alberta

    Jasper is one of Canada’s most iconic destinations, treasured by Canadians and renowned around the world. With its proximity to majestic mountains and clear blue lakes, Jasper draws over two million visitors from across Canada and around the world every year. This summer’s wildfires had a devastating impact on Jasper and the region’s economy, which is built on tourism. That’s why the Government of Canada is taking action to support Jasper’s recovery and help its tourism industry come back strong.

    The Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, alongside Marsha Walden, President and CEO of Destination Canada, the Honourable Joseph Schow, Alberta Minister of Tourism and Sport, Richard Ireland, Mayor of the Municipality of Jasper, David Goldstein, CEO of Travel Alberta, and Tyler Riopel, CEO of Tourism Jasper, today announced $3 million in support from the Government of Canada to help Jasper and the region’s tourism industry recover, rebuild and retake its place on the world stage. This is made possible through collaboration between Destination Canada and Travel Alberta, which are integrating their marketing strategies to showcase one of Canada’s most sought-after experiences.

    Key marketing initiatives delivered by Destination Canada include:

    • investing in Destination Canada-led seasonal marketing campaigns, in collaboration with Travel Alberta, with a focus on the United States—Canada’s top international arrivals market;
    • co-investing in opportunities for targeted Destination Canada-led marketing programs in additional key markets such as the United Kingdom, France, Germany, Japan, South Korea, Australia and Mexico;
    • hosting Canada’s largest global tourism media event in Jasper in September 2025, which will be organized in collaboration with Travel Aberta and Tourism Jasper and will serve as a platform to foster relationships between over 80 top-tier travel media outlets from around the world and Canadian tourism industry representatives; and
    • leveraging Destination Canada’s $50 million International Convention Attraction Fund.     

    These important investments build on significant support for Jasper already announced by the Government of Canada. This began with calling in the Canadian Armed Forces to fight the wildfires in July. As Jasper began to recover, the government matched donations and ensured local residents received the benefits and services they needed. As the town started rebuilding, the government quickly made changes to put the municipality in charge of the effort. This work is being directed by a special cabinet committee, led by the Honourable Randy Boissonnault. 

    Today’s announcement followed Minister Ferrada and Minister Schow’s co-hosting of the annual Canadian Council of Tourism Ministers meeting in Banff, Alberta and subsequent tour of the region. At the meeting, federal, provincial and territorial ministers responsible for tourism discussed challenges facing the tourism sector and cross-governmental opportunities to support its growth.

    Marie-Justine Torres
    Press Secretary
    Office of the Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec
    marie-justine.torresames@ised-isde.gc.ca
    613-327-5918

    Media Relations
    Innovation, Science and Economic Development Canada
    media@ised-isde.gc.ca

    For easy access to government programs for businesses, download the Canada Business app.

    MIL OSI Canada News

  • MIL-OSI USA: Rep. Panetta Announces New Federal Investment in Local Semiconductor Manufacturer Expansion

    Source: United States House of Representatives – Congressman Jimmy Panetta (D-Calif)

    San Jose, CA – United States Representative Jimmy Panetta (CA-19) announced a significant new federal investment in a local semiconductor manufacturer through the landmark CHIPS and Science Act.  The $93 million federal investment awarded to Infinera will support the expansion and modernization of both a new semiconductor fabrication plant, or Fab, in South San Jose and a new Advanced Test and Packaging (ATP) facility in Bethlehem, Pennsylvania.  This funding is expected to multiply Infinera’s domestic manufacturing capacity by ten and create up to 1,200 construction jobs.  

    Infinera is a local semiconductor and telecommunications equipment manufacturer that has operated its U.S. fabrication and ATP facilities for over two decades.  Specifically, the project in South San Jose will construct a new modernized Fab and foundry with over 40,000 square feet of cleanroom space to increase its indium phosphide-based photonic integrated circuits (InP PICs) manufacturing.

    Rep. Panetta with bipartisan majorities in the House and Senate passed the CHIPS and Science Act into law during the 117th Congress.  The landmark legislation has already allocated over $35 billion in proposed funding across 16 states, including California, and is expected to create over 115,000 jobs in emerging high-tech manufacturing and research sectors.  Since the beginning of the Biden-Harris Administration, semiconductor and electronics companies have announced over $400 billion in private investments, catalyzed in large part by public investment.

    “Although Silicon Valley leads the world in innovation, it isn’t really known as a manufacturing base for semiconductor chips,” said Rep. Panetta.  “That may change with this major federal investment in Infinera, its innovation, and its manufacturing of semiconductor chips in California’s 19th Congressional District. Through the bipartisan CHIPS and Science Act, we are investing in local projects with hundreds of good-paying jobs that will bolster our innovation and dramatically increase our domestic output of semiconductors in South San Jose.”

    InP PICs are key components in optical network communications.  These components enable the fast and reliable transfer of large amounts of data in communications, spanning short- to long-distance broadband networks; between AI and machine-learning clusters inside the data center; and between data centers.  This technology is essential to powering American economic innovation and support security technology.

    “We are honored to be part of the Department of Commerce’s efforts to increase semiconductor fabrication and packaging in the U.S. and protect our national and economic security as part of the bipartisan CHIPS and Science Act,” said Infinera CEO David Heard. “Optical semiconductor technology and photonics are at the heart of scalable and resilient connectivity required to support the rapidly growing need for high-speed communications.  This proposed funding would enable us to better serve our customers, expand our partnerships, and compete more effectively with foreign adversary competitors, especially at a time when supply chain security is increasingly important to America’s communications infrastructure, from high-capacity long-haul transmission and broadband networks to power-efficient connectivity inside data centers to support the explosive growth in AI workloads.”

    The California project will be supported by the Nor Cal Carpenters Union (NCCU).  For trades not covered by NCCU, Infinera’s general contractor, Vulcan Construction, has agreed to hire from a contractor base consisting of 100% labor union-signatory contractors affiliated with the building trades.  Infinera’s current operations in South San Jose are 95% carbon free, which is expected to continue with the expansion of the Fab.

    “From artificial intelligence to electric vehicles to telecommunications infrastructure, 21st century technologies all rely on optical semiconductors like the ones manufactured by Infinera,” said U.S. Secretary of Commerce Gina Raimondo.  “The Biden-Harris Administration is achieving the economic and national security goal of the CHIPS and Science Act with investments like this one.  We are securing semiconductor manufacturing projects across the country to build a robust domestic chip ecosystem that will create high-tech jobs and economic opportunities for communities across the country.”

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    MIL OSI USA News

  • MIL-OSI United Kingdom: Millions of shoppers to be protected by new Buy-Now, Pay-Later rules

    Source: United Kingdom – Executive Government & Departments 3

    New rules will give millions of Buy-Now, Pay-Later users key protections offered by other forms of credit.

    • Providers will have to ensure lending is affordable – stopping users from accumulating unmanageable debt  
    • Rules deliver better protection for shoppers and clarity for innovative sector after years of uncertainty

    Millions of shoppers are set to be protected by new rules for Buy-Now, Pay-Later products.  

    Buy-Now, Pay-Later products have become increasingly popular in recent years as they allow people to spread the cost of purchases over time, but users currently do not have access to a range of key protections provided by other consumer credit products.  

    The Government has today launched a consultation on proposals to fix this by bringing Buy-Now, Pay-Later companies under the supervision of the Financial Conduct Authority (FCA) and applying the Consumer Credit Act, ensuring users receive clear information, avoid unaffordable borrowing, and have strong rights when issues arise.  

    Economic Secretary to the Treasury Tulip Siddiq said:     

    Millions of people use Buy-Now, Pay-Later to manage their finances, but the previous government’s dither and delay left them unprotected.     

    We promised to take action before the election and now we are delivering. Our approach will give shoppers access to the key protections provided by other forms of credit while providing the sector with the certainty it needs to innovate and grow.

    The new rules will allow the FCA to apply rules on affordability – meaning that Buy-Now, Pay-Later companies will have to check that shoppers are able to afford repayments before offering a loan, which will help to prevent people building up unmanageable debt.

    Companies will also need to provide clear, simple and accessible information about loan agreements in advance so that shoppers can make fully informed decisions and understand the risks associated with late repayments. Consumer Credit Act information disclosure rules will be disapplied so that the FCA can consult on bespoke rules that ensure users are given this information in a way that is tailored to the online setting in which Buy-Now, Pay-Later products are generally used.    

    Buy-Now, Pay-Later users will be given stronger rights if issues arise with products they purchase, making it quicker and easier to get redress. This includes applying Section 75 of the Consumer Credit Act, which allows consumers to claim refunds from their lender, and access to the Financial Ombudsman Service to make complaints. 

    Rocio Concha, Which? Director of Policy and Advocacy, said:

    Which? has been a leading voice calling for the regulation of Buy Now Pay Later for years so it’s positive that new rules are coming in that should provide much-needed protections for users of these products.

    Our research found that many BNPL customers do not realise they are taking on debt or consider the prospect of missing payments, which can result in uncapped fees, so clearer information about the risks involved as well as the use of affordability checks and options for redress would be a win for consumers. 

    We are keen to see legislation quickly passed to ensure that BNPL users are protected as strongly as consumers using other credit products.

    Sebastian Siemiatkowski, Co founder and CEO of Klarna, said:

    Congratulations to Tulip Siddiq and the government on moving quickly! They have been working with the industry and consumer groups long before coming into office. We’re looking forward to carrying on that work to put proportionate rules in place that protect consumers while fostering growth.

    Michael Saadat, International Head of Public Policy at Clearpay said:

    We welcome today’s update from City and FinTech Minister, Tulip Siddiq, on BNPL regulation. It is encouraging that HM Treasury has listened to industry feedback and evolved the previous framework to ensure a more proportionate approach to regulation. We have always called for fit-for-purpose regulation that prioritises customer protection, delivers much-needed innovation in consumer credit and that sets high industry standards across the board.

    We will continue to support the Government and the FCA to deliver fit-for-purpose regulation that ensures consumers are protected in a way that supports the UK’s thriving FinTech sector.

    Chris Woolard, Author of the 2021 Woolard Review, which looked at change and innovation in the unsecured credit market, said:  

    Today marks a significant milestone for consumer-focused financial regulation. The proposed package of regulation would implement the recommendations of the Review and mean millions of people up and down the UK will benefit from stronger financial protection as they borrow using BNPL, especially the most vulnerable in society. The incoming regulation will also provide long-term certainty and standards for the market.

    The consultation will be conducted quickly – closing on 29 November – to reflect the urgent need for action to protect consumers.  

    Final legislation is expected to be laid in Parliament in early 2025. Once the legislation is laid, the FCA will finalise the rules so they can take effect in 2026 – bringing clarity to the sector after years of uncertainty about how it will be regulated.  

    This follows the Prime Minister saying he would remove regulation that needlessly holds back investment and growth. Today’s announcement brings in much needed regulation that stops people spiralling into debt.

    Justin Basini, Co-Founder and CEO of The ClearScore Group said:  

    We welcome this consultation to bring Buy-Now, Pay-Later borrowers under the same protections and creditworthiness assessments as other mainstream financial products such as credit cards and loans.  

    It is a sensible step in ensuring that this new, important form of credit continues to provide much-needed flexibility for consumers while also managing any risks.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom

  • MIL-OSI USA: Disaster Recovery Centers Open in Cherokee, Saluda Counties

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers Open in Cherokee, Saluda Counties

    Disaster Recovery Centers Open in Cherokee, Saluda Counties

    Two Disaster Recovery Centers will be open in Cherokee and Saluda counties to provide in-person assistance to South Carolinians affected by Hurricane Helene.  

    Cherokee County
    East Gaffney Baptist Church
    2308 Cherokee Ave.
    Gaffney, SC 29340
    Open Oct. 17-20, 8 a.m.–7 p.m.  

    Saluda County
    County Administration Building 
    407 W. Butler Ave.
    Saluda, SC 29138 
    Open Oct. 17-19, 8 a.m.–7 p.m.

    These locations join the centers previously opened in Aiken, Anderson, Greenville, Laurens and Pickens counties. 

    Aiken County 
    Nancy Carson Library
    135 Edgefield Road
    North Augusta, SC 29841 
    Open through Oct. 19, 8 a.m.-7 p.m. 

    Anderson County 
    Anderson County Library
    300 N. McDuffie St.
    Anderson, SC 29621 
    Open 16-17, 9 a.m. – 8 p.m.  
    Oct. 18-19, 9 a.m. – 5 p.m.
    Oct. 20, 2 p.m. – 5 p.m.
    Oct. 21-24, 9 a.m. – 6:30 p.m.
    Oct. 25-26, 9 a.m. – 5 p.m.
    Oct. 27, 2 p.m. – 5 p.m.

    Greenville County 
    Freetown Community Center 
    200 Alice Ave. 
    Greenville, SC 29611 
    Open daily, 8 a.m.–7 p.m. 

    Laurens County 
    Laurens County Public Library
    1017 W. Main St.
    Laurens, SC 29360
    Open through Oct. 19, 8 a.m.-7 p.m.  

    Pickens County
    Captain Kimberly Hampton Memorial Library
    304 Biltmore Road
    Easley, SC 29640
    Open through Oct. 21, 8 a.m.-7 p.m.

    Additional Disaster Recovery Centers are open in other South Carolina counties. You can visit any open center to meet with representatives of FEMA, the state of South Carolina and the U.S. Small Business Administration. No appointment is needed. To find other center locations, go to fema.gov/drc or text “DRC” and a Zip Code to 43362. 

    Homeowners and renters in Abbeville, Aiken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, Cherokee, Chester, Edgefield, Fairfield, Greenville, Greenwood, Hampton, Jasper, Kershaw, Laurens, Lexington, McCormick, Newberry, Oconee, Orangeburg, Pickens, Richland, Saluda, Spartanburg, Union and York counties and the Catawba Indian Nation can apply for federal assistance.

    The quickest way to apply is to go online to DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in many languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. For a video with American Sign Language, voiceover and open captions about how to apply for FEMA assistance, select this link.

    FEMA programs are accessible to survivors with disabilities and others with access and functional needs. 

    kwei.nwaogu

    MIL OSI USA News

  • MIL-OSI USA: In Manufacturing Town Hall, Midwest Territory Discusses IAM’s Critical Role in Growing Skilled Workforce

    Source: US GOIAM Union

    The IAM and organized labor are critical partners to grow manufacturing here at home and expand economic security for workers, said IAM Midwest Territory Grand Lodge Representative Kevin Murch at a recent manufacturing town hall discussion in Milwaukee.

    The Future of Manufacturing panel, hosted by Milwaukee PBS and the Milwaukee Journal Sentinel, brought together labor and company representatives to discuss the importance of partnering to attract and train workers for the industries of today and tomorrow. 

    WATCH: The Future of Manufacturing Town Hall

    “We discussed a variety of issues facing manufacturing, including the great opportunities we in have in the IAM to enhance our presence in the re-shoring of our manufacturing jobs,” said Murch. “I had a chance to talk about the great success we have achieved with Local 701 and their training center and our many apprenticeships we encourage to have in our collective bargaining agreements, which provide better economic stability for the working class.”

    The IAM also had a table at the event’s career fair, where IAM Midwest Territory Special Representative Bob Beloit, District 10 Organizer Anne Wiberg and District 10 Business Representative Hunter Scott had conversations with attendees about the IAM’s presence in the community.

    “Collective bargaining gives workers an opportunity to come together and negotiate with employers to provide security, stability and long-term employment,” Murch said on the panel. “That’s what we do within the IAM.”

    Murch and the panel also discussed the need for increased vocational training in K-12 education and more apprenticeship opportunities in critical industries.

    “The IAM is proud to be a partner and a leader in expanding opportunities for workers in communities all across North America,” said IAM Midwest Territory General Vice President Sam Cicinelli. “We’re grateful for this opportunity to continue to expand our reach and spread the message that the IAM is here to help create good, family-sustaining careers.”

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    MIL OSI USA News

  • MIL-OSI Economics: COP16: Business views on a multilateral benefit sharing mechanism

    Source: International Chamber of Commerce

    Headline: COP16: Business views on a multilateral benefit sharing mechanism

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    MIL OSI Economics

  • MIL-OSI: Moody’s affirms A1 ratings with a Stable Outlook

    Source: GlobeNewswire (MIL-OSI)

    Moody’s affirms A1 ratings with a Stable Outlook

    Moody’s Ratings (Moody’s) has affirmed the A1 Insurance Financial Strength Rating (IFSR) of ageas SA/NV (“Ageas”), the holding company of the Ageas Group also operating as a reinsurance company. At the same time Moody’s has affirmed Ageas’s A1 long-term issuer rating, AG Insurance’s A1 IFSR and the Baa2 (hyb) rating on the junior subordinated notes (FRESH securities) issued by Ageasfinlux S.A. The outlooks on all entities remain stable.

    The ratings affirmation reflects the Group’s success in meeting its targets under the Impact24 strategic plan, and the launch of the new Elevate27 plan aimed at improving business diversification, margins, and capital generation. The ratings continue to reflect Ageas’s strong position in its European markets, particularly in Belgium with a very strong AG Insurance brand, and its revenue growth in Asia, a key market for the Group. It also reflects Ageas’s diversified earnings and strong capitalization. However, these strengths are partly offset by limited control over fast-growing entities in Asia (mostly non-consolidated subsidiaries) and distribution channels, as well as by a relatively high proportion of high-risk assets in the investment portfolio for the rating level.

    The stable outlooks on Ageas, AG Insurance, and Ageasfinlux S.A. indicate Moody’s expectation that, in the next 12-18 months, the Ageas Group will maintain a solid financial profile, including diversified earnings profile and strong capitalization, as well as a strong position in its main markets.

    Ageas is a listed international insurance Group with a heritage spanning of 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow, and is also engaged in reinsurance activities. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of EUR 17.1 billion in 2023

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    The MIL Network

  • MIL-OSI USA: Governor Kelly Announces 2024 Kansas Economic Report, Highlighting Key Points of Growth – Governor of the State of Kansas

    Source: US State of Kansas

    TOPEKA – Governor Laura Kelly announced today that the 2024 Kansas Economic Report shows growth in the state’s labor workforce, continued low unemployment, and record exports. The report, produced by the Labor Market Information Services division of the Kansas Department of Labor (KDOL), comprehensively analyzes the state’s economic health and labor market trends.

    The annual publication highlights critical data on employment, unemployment, labor force participation, job growth, personal income, and more, providing an essential resource for businesses, policymakers, and job seekers.

    • Labor Force Growth: In 2023, Kansas saw a 0.6% increase in its labor force, adding 8,385 individuals and bringing the total labor force to over 1.51 million. The number of employed Kansans reached a record high of 1.47 million, reflecting the state’s resilience and ongoing recovery.
    • Unemployment Rates: Kansas maintained a low unemployment rate, rising slightly to 2.7% in 2023, still well below the national average of 3.6%. Despite the modest increase, Kansas continues to outperform the national labor market.
    • Job Market Rebounds: Kansas’ nonfarm jobs surpassed pre-pandemic levels, with a total of 1.44 million jobs in 2023. Private sector employment led this growth, adding 23,800 jobs, while the government sector added 3,700 jobs.
    • Industry and Occupational Projections: Health care, transportation, and computer-related occupations are expected to grow significantly through 2032. Occupations typically requiring a bachelor’s degree are expected to add the most jobs from 2022 to 2032.
    • Export Growth: Kansas’ export market hit a record of $14.1 billion in sales, driven by growth in the transportation equipment and processed foods sectors. However, exports to Kansas’ top trade partners—Mexico, Canada, and Japan—have declined over the year.

    “The growth we are seeing is encouraging and shows the progress made in revitalizing our state’s economy,” Governor Laura Kelly said. “This report reinforces my administration’s commitment to making Kansas the best state to live, work, and raise a family.”

    “Kansas continues to show resilience in its economic recovery, as demonstrated by rising employment numbers and strong job growth in key sectors,” Kansas Secretary of Labor Amber Shultz said. “However, demographic challenges such as a shrinking younger population highlight the need for careful attention to workforce development as we plan for the future.”

    The report also discusses long-term demographic trends, citing concerns about the state’s aging population and declining numbers of younger workers, which could pose challenges to future labor force sustainability.

    To address those issues, the Kansas Department of Commerce has been working with businesses to attract new talent. It recently launched its Love, Kansas campaign to bring those who left the state back to their roots in Kansas.

    “It’s simple: we need more humans in Kansas to keep up with the phenomenal economic growth our state is experiencing,” Lieutenant Governor and Secretary of Commerce David Toland said. “The best way to do that is to first approach Kansans who left the state for economic opportunities elsewhere and invite them to build a life in a place they know and have connections to, whether in their hometown or elsewhere in the state.  And with the Love, Kansas campaign, we aren’t just extending an invitation to those who once called Kansas home to come back–we’re also inviting families from around the country to build their lives in the Sunflower State.”

    KDOL’s full report is available here.

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    MIL OSI USA News

  • MIL-OSI USA: SBA Steps in: Disaster Assistance now Available for Florida Businesses and Residents Affected by Hurricane Milton, Helene and Debby

    Source: United States Small Business Administration

    WASHINGTON – Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Florida following the announcement of a Presidential disaster declaration for Hurricane Milton that began on Oct. 5.  SBA has opened a Business Recovery Center (BRC) at the Entrepreneurs Collaborative Center, in Tampa. The SBA opened the Center to assist businesses and residents who were affected by Hurricanes Milton, Helene and Debby.  

    “SBA’s mission-driven team stands ready to help small businesses and residents in Florida impacted by this disaster in every way possible under President Biden’s disaster declaration for certain affected areas,” said SBA Administrator Isabel Casillas Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”

    On October 15, 2024, it was announced that funds for the Disaster Loan Program have been fully expended. While no new loans can be issued until Congress appropriates additional funding, we remain committed to supporting disaster survivors. Applications will continue to be accepted and processed to ensure individuals and businesses are prepared to receive assistance once funding becomes available.

    Applicants are encouraged to submit their loan applications promptly for review in anticipation of future funding.

    The disaster declaration covers Brevard, Charlotte, Citrus, Clay, Collier, DeSoto, Duval, Flagler, Glades, Hardee, Hendry, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Manatee, Marion, Martin, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Volusia and the Miccosukee Tribe of Indians of Florida which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Alachua, Baker, Bradford, Broward, Levy, Miami-Dade, Monroe and Nassau counties in Florida.  

    SBA’s Customer Service Representatives are available at the Centers to assist business owners complete their disaster loan application, accept documents, and provide updates on an application’s status. Walk-ins are accepted, but you can schedule an in-person appointment at an SBA Business Recovery Center in advance.  The Centers will operate as indicated below.

    Business Recovery Center (BRC)

    Pinellas County  

    Entrepreneurs Collaborative Center

    2101 E Palm Ave  

    Tampa, FL 33605

    Hours:            Monday – Friday, 8 a.m. to 5 p.m.  

                            Saturday, 9 a.m. to 2 p.m.  

    Closed:          Sunday  

    Business Recovery Center (BRC)

    Pinellas County  

    SPC Epicenter at St. Petersburg College

    13805 58th Street N, Suite 1-200

    Clearwater, FL 33760

    Hours:        Monday – Friday, 8 a.m. to 5 p.m.

    Closed:       Saturday and Sunday

    Business Recovery Center (BRC)

    Manatee County  

    Rocky Bluff Library

    6750 US-301  

    Ellenton, FL 34222

    Hours:         Monday – Saturday, 9 a.m. to 6 p.m.                    

    Closed:        Sunday

    Business Recovery Center (BRC)

    Sarasota County  

    Sarasota Christian Church

    2923 Ashton Rd  

    Sarasota, FL 34231

    Hours:        Monday – Saturday, 9 a.m. to 5 p.m.

    Closed:       Sunday

    “SBA’s Business Recovery Centers are a cornerstone of our support for business owners,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. “At these centers, business owners can meet face-to-face with specialists to apply for disaster loans and access a wide range of resources to guide them through their recovery.”

    Disaster survivors should not wait to settle with their insurance company before applying for a disaster loan. If a survivor does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan.

    Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

    Disaster loans up to $500,000 are available to homeowners to repair or replace disaster-damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace disaster-damaged or destroyed personal property.

    Interest rates are as low as 4% for businesses, 3.25% for nonprofit organizations, and 2.813% for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

    Building back smarter and stronger can be an effective recovery tool for future disasters. Applicants may be eligible for a loan amount increase of up to 20% of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future disasters.  

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” said Sánchez. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.”

    With the changes to FEMA’s Sequence of Delivery, survivors are now encouraged to simultaneously apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover.  FEMA grants are intended to cover necessary expenses and serious needs not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make you whole and get you back to your pre-disaster condition.  Do not wait on the decision for a FEMA grant.

    Survivors impacted by Hurricanes Helene and Debby should submit separate applications for each disaster. For information and to apply online visit sba.gov/disaster. Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more 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 filing deadline to return applications for physical property damage is Dec. 10, 2024. The deadline to return economic injury applications is July 11, 2025.

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    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 http://www.sba.gov. 

    MIL OSI USA News