Category: Commerce

  • MIL-OSI Submissions: Economy – GlobalData outlines strategies adopted by businesses to minimize the impact of inflation

    Source: GlobalData

    Inflation remains a significant concern for economies globally, with some experiencing moderation while others facing persistently elevated levels. This disparity has led companies to reevaluate their strategies to mitigate inflation’s effects. Companies across industries are taking decisive steps to deal with the pressure emerging out of these challenges, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Company Filing Analytics Database reveals the various action plans of companies to tackle inflation or minimize its impact on margins in their respective filing documents.

    Misa Singh, Business Fundamentals Analyst at GlobalData, comments: “While some companies are seen to be keen on covering inflation with pricing actions, some are focused on cost management. Meanwhile, some companies are considering reducing the pressure on their lower-end customers as inflation begins to ease.”

    Alimentation Couche-Tard Inc believes that inflation is beginning to ease and interest rates are expected to be lowered in the coming months. The company hopes this will lessen some pressure on the lower-end customers. The Canada-based Convenience store company is also working to provide customers with value and ease inside stores and on forecourts.

    Darden Restaurants Inc revealed its attempt to minimize the annual effects of inflation through appropriate planning, operating practices, and menu price increases. The filing documents reveal that some of the impacts of the inflation have been offset by menu price increases and other adjustments made during the year.

    Bio-Techne Corp discussed its plan to fund all new investments with productivity initiatives and cover inflation with pricing actions. Hewlett Packard Enterprise Co expects the pricing to remain competitive, which might impact the company’s financial results. The information technology company plans to mitigate the impact of these dynamics through disciplined cost management.

    Haier Smart Home Co Ltd revealed in its latest report that the company strengthened its supply chain and distribution network, enhanced its high-end product lineup, and increased price indices to achieve 9.9% revenues growth in South Asia, 12.4% in Southeast Asia and 26.8% in Middle East & Africa in the first half this year.

    Singh concludes: “As businesses navigate these pressures and try to maintain profitability it requires a careful balance between cost management, market development, and portfolio diversification. Companies will need to stay agile to adapt to the ongoing economic uncertainties and the evolving inflationary landscape.”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

    MIL OSI – Submitted News

  • MIL-OSI New Zealand: Former model loving studying at EIT | EIT Hawke’s Bay and Tairāwhiti

    Source: Eastern Institute of Technology – Tairāwhiti

    3 mins ago

    Shona Clarke, 24, is currently enrolled in the NZ Certificate of Study and Career Preparation (Hauora | Nursing/Health Pathway) (Level 4).

    A former model, who moved to Hawke’s Bay from South Africa to be close to family, is loving studying at EIT.

    Shona Clarke, 24, who appears in this year’s EIT brand campaign,  is currently enrolled in the NZ Certificate of Study and Career Preparation (Hauora | Nursing/Health Pathway) (Level 4), and hopes to study for the Bachelor of Nursing next year.

    Having arrived in Hawke’s Bay from Durban at the beginning of the year, Shona decided to follow her brother, Austin, to  EIT’s Hawke’s Bay campus. Austin is currently pursuing the Bachelor of Business (Accounting). Having always had an interest in health and science, Shona enrolled in the NZ Health and Wellbeing (Level 3) programme, which she completed in June.

    She says that she found the programme “amazing”, especially placements at Graceland Rest home in Hastings and at Kōwhai Specialist School.

    “I absolutely loved it. I got to work at Graceland, which was phenomenal, but I found the love that I had for children when I did my five-week placement at Kōwhai.”

    “And then I started meeting people in the industry, and that’s how I got involved in the holiday programme at the Havelock North High School Special Needs Unit. I think I’d go into that field for sure if I wasn’t so set on the fact that I wanted to be a nurse.”

    It has been a long and varied journey for Shona who went to school in Durban, South Africa.

    “I actually came out of school and went straight into working. And six years later, I’ve decided that I’m going to study something.”

    “After school I did modelling full-time and I worked with Suncoast Casino for four years, part of their marketing team. I also modelled in Dubai for a year.”

    Some of her modelling work included brand work for Bonds, a photo shoot for Dubai Tourism and a shoot imitating Margot Robbie before the release of the Barbie movie.

    Studying at EIT is a far cry from an international modelling career, but Shona says it was a simple choice for her.

    “It was my career until my family moved here. And then I thought: ‘I’m going to move over with my family because I’m family oriented. I just want to be with them’. And then when I moved over, I said, I’m going to change my career path.

    She says that it was an easy decision to study at EIT

    And now in the Study and Career Preparation (Hauora | Nursing/Health Pathway) (Level 4) programme, Shona is glad that she made the choice.

    “ I’m absolutely loving it, because of all the science-based parts of it.”

    “That is what I think I will enjoy most about nursing, is learning about the human body, learning about how everything works, how to treat everything. It’s very interesting. I’m thoroughly enjoying it, and getting really good marks.”

    Shona says returning to study after having worked full-time for so long took some adjustment.

    “I think I fitted in quite easily with the people, but the going from working full-time, having independence, and having my own life, to going back to full-time studying, working part-time, not being fully independent, that’s a big change for me.”

    For now Shona is focused on finishing the programme and hopefully starting the Bachelor of Nursing, which she will apply for later this year.

    She is hoping to have a long career in nursing and is interested in paediatrics, surgical or even oncology, because she has had family members who have had cancer.

    As for EIT, Shona has no hesitation in recommending it as a place to study.

    “I know I’m an international student, but the support that I have felt from EIT has been amazing. And I felt so included in everything that I’ve been a part of so far, from the photoshoot for the billboards to meeting new people.”

    Les Blair, EIT Health and Wellbeing Team Leader and Verena Lyons, EIT Health and Wellbeing Team Member, say that “Shona has been an enthusiastic, bubbly student who formed positive relationships with everybody.”

    “She made the most of every opportunity offered to her and we wish her well in her study journey.”

    MIL OSI New Zealand News

  • MIL-OSI Translation: Meeting of the Council of Ministers on 25 September 2024

    MIL OSI Translation. Timor-Leste Portuguese to English –

    Presidency of the Council of Ministers

    Spokesperson for the Government of Timor-Leste
    ……………………………………………. ……………………………………………. …………………….

    Press release

    Meeting of the Council of Ministers on 25 September 2024

    The Council of Ministers met at the Government Palace in Dili and approved the draft Government Resolution, presented by the Minister of the Presidency of the Council of Ministers in office, Adérito Hugo da Costa, and by the President of the Civil Service Commission, Agostinho Letêncio de Deus, which sets the vacancies for the promotion of personnel integrated in the General Regime of Public Administration Careers for the year 2024.

    Of the total of 817 vacancies for promotion established by this Government Resolution, 47 are for the category of Senior Technician – Grade A, 122 for Senior Technician – Grade B, 188 for Professional Technician – Grade C, 234 for Professional Technician – Grade D, 149 for Administrative Technician – Grade E and 77 for Assistant – Grade F.

    Vacancies for promotion are set annually by the Government, based on a proposal from the Civil Service Commission, up to a limit of ten percent of the total staff in each category or professional group.

    *****

    An initial assessment was made of the initiative to create a seniority-based promotion system for civil servants, also presented by the Presidency of the Council of Ministers and the Civil Service Commission, concerning. This initiative aims to ensure career progression for those who, for various reasons, have not been able to obtain merit-based promotions in recent years, based on criteria such as seniority, performance, age, professional training, work in remote areas, good behaviour and attendance.

    *****

    The Secretary of State for Equality, Elvina de Sousa Carvalho, made a presentation to the Council of Ministers on the implementation of the gender equality policy and the recommendations of the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW). The Third Phase of the Maubisse Declaration (2023-2028) was also presented, which follows on from the previous phases, focusing on the economic empowerment of rural women and people with disabilities. This phase is aligned with the priorities of the IX Constitutional Government and the recommendations of the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW).

    The main commitments of this phase are organised into three areas: Social Capital, which covers social protection, inclusive education and health care, with a focus on preventing gender-based violence and improving maternal health care; Infrastructure, which promotes access to safe and accessible markets, the development of roads, sanitation and adapted public buildings, with a focus on inclusive public transport; and Economy, which prioritises agricultural development, female entrepreneurship and access to credit for rural women, strengthening their participation in sectors such as tourism and agriculture. Monitoring mechanisms are also being strengthened to ensure the implementation of these commitments. Implementation is led by several key government institutions, including relevant ministries and the National Bank of Commerce of Timor-Leste (BNCTL), which ensure the effective implementation of the planned measures.

    *****

    In order to resolve the payment of existing debts to hospitals abroad and ensure the continuity of health services, the Council of Ministers decided to instruct the Minister of Health to carry out a detailed survey of debts and payment deadlines, as well as the funds available to meet these commitments. The Minister of Health must establish prioritization criteria for payments, based on the urgency of the services, risks to public health and impact on hospital operations.

    Among other measures, the Council of Ministers also instructed the Minister of Health to start negotiations with hospitals for debt restructuring and to propose to the Ministry of Finance a budgetary reinforcement for the health sector. The implementation of these measures will be monitored by a working group created specifically for this purpose, which will be required to report regularly to the Council of Ministers on the progress made in regularizing hospital debts. ENDS

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

    MIL Translation OSI

  • MIL-OSI Australia: Update in our Berkeley Living Retirement Village court action

    Source: Government of Victoria 2

    Our Supreme Court case seeking to recover in-going contributions paid by former retirement village residents is off to the High Court, after support from the Victorian Attorney-General. 

    The former Berkeley Living Retirement Village in Patterson Lakes closed in 2017, leaving many former residents and their families, who had paid considerable refundable fees, out of pocket.  

    Following our successful prosecution of former manager Stephen George Snowden and reforms to Victoria’s retirement villages laws, we filed a legal application in the Supreme Court of Victoria last year, seeking to sell all the retirement village land and use the sale funds to ensure residents are repaid what they are owed. 

    Last month at our request, the Victorian Attorney-General applied to take the matter to the High Court of Australia. The Attorney-General is seeking a ruling that would give the Supreme Court of Victoria full powers to make all the orders we are seeking in the case, including the sale of all the individual lots of land that make up the former village.  

    The reason this is important is that some of the lots of land are now owned by the Commonwealth or the Australian Securities and Investments Commission, because the previous owners were companies that are now deregistered under federal law. This means that the Supreme Court must consider making orders that would cover the Commonwealth government – this raises constitutional issues, that the Attorney-General’s application to the High Court can help resolve. 

    Director Nicole Rich said Consumer Affairs Victoria would continue to support the High Court application and do anything in its powers to progress the case. 

    “Our priority is ensuring that the former Berkeley Living residents and their families receive their entitlements under the law,” Rich said. 

    “As soon as the High Court application is resolved, we will take any next steps available to us to finalise our Supreme Court case in the public interest.”

    MIL OSI News

  • MIL-OSI: NBPE Announces August Monthly NAV Estimate

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    NBPE Announces August Monthly NAV Estimate

    25 September 2024

    NB Private Equity Partners (NBPE), the $1.3bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 August 2024 monthly NAV estimate.

    NAV Highlights (31 August 2024)

    • NAV per share was $27.44 (£20.88), a total return of 0.1% in the month
    • Performance driven by 1.4% quarterly uplift in private company valuations (ex-FX), offset by negative FX adjustments of 0.2%
    • Year to date NAV TR of 1.2%
    • $73 million invested in new and follow on investments year to date
    • $390 million of available liquidity at 31 August 2024
    • 2H 2024 dividend of $0.47 paid on 30 August 2024
    • Annualised dividend yield at  31 August 2024 NAV of 3.4%; annualised share price yield is 4.5% based on the closing share price of £15.92 on 31 August 2024
    As of 31 August 2024 YTD 1 Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    1.2% 1.7% 6.8%
    2.2%
    72.8%
    11.6%
    177.1%
    10.7%
    MSCI World TR (USD)*
    Annualised
    17.1% 25.0% 23.8%
    7.4%
    89.7%
    13.7%
    162.9%
    10.1%
    Share price TR (GBP)*
    Annualised
    (0.3%) 8.1% 12.0%
    3.8%
    77.1%
    12.1%
    263.0%
    13.8%
    FTSE All-Share TR (GBP)*
    Annualised
    11.3% 17.0% 24.4%
    7.5%
    37.9%
    6.6%
    80.9%
    6.1%

    *Reflects cumulative returns over the time periods shown and are not annualised.

    Portfolio Update to 31 August 2024

    Following the 1H private portfolio valuation increases, movements in public holdings and FX in July and August, NBPE’s NAV TR year to date was 1.2%.

    NAV performance during the month driven by:

    • 0.1% NAV increase ($1 million) from postive FX movements
    • 0.5% NAV increase ($7 million) from the value of quoted holdings (which now constitute 7% of portfolio fair value)
    • 0.4% NAV decrease ($5 million) attributable to expense accruals and changes in the Zero Dividend Preference share (ZDP) liability

    Realisations from the portfolio continue in 2024

    • $5 million received during the month and a further $6 million expected in the coming months from the announced realisation of Syniti
    • $158 million of realisations received year to date, driven by Action and previously announced sales of Cotiviti, Melissa & Doug, FV Hospital and Safefleet as well as partial sales of public stock and continued realisations from the legacy income investment portfolio

    $390 million of total liquidity at 31 August 2024

    • $180 million of cash and liquid investments with $210 million of undrawn credit line available

    $73 million invested in 2024 in new and follow-on investments

    • $25 million invested in FDH Aero, a leading parts distributor to the aerospace and defense industry
    • $38 million invested into two U.S. healthcare businesses, Benecon and Zeus
    • $10 million of additional new and follow on investments

    $0.47 semi annual dividend paid on 30 August 2024

    • Bringing total dividends paid to shareholders since 2013 to approximately $360 million

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 31 August 2024 was based on the following information:

    • 7% of the portfolio was valued as of 31 August 2024
      • 7% in public securities
    • 93% of the portfolio was valued as of 30 June 2024
      • 92% in private direct investments
      • 1% in private funds

    For further information, please contact:

    NBPE Investor Relations         +44 (0) 20 3214 9002
    Luke Mason                              NBPrivateMarketsIR@nb.com 

    Kaso Legg Communications   +44 (0)20 3882 6644

    Charles Gorman                        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 31 August 2024)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer                        68.3 5.4%
    Osaic 2019 Reverence Capital Financial Services                        62.7 4.9%
    Solenis 2021 Platinum Equity Industrials                        58.2 4.6%
    BeyondTrust 2018 Francisco Partners Technology / IT                        42.0 3.3%
    Branded Cities Network 2017 Shamrock Capital Communications / Media                        40.1 3.2%
    Monroe Engineering 2021 AEA Investors Industrials                        38.3 3.0%
    Business Services Company* 2017 Not Disclosed Business Services                        37.2 2.9%
    True Potential 2022 Cinven Financial Services                        35.5 2.8%
    GFL (NYSE: GFL) 2018 BC Partners Business Services                        33.8 2.7%
    Kroll 2020 Further Global / Stone Point Financial Services                        31.4 2.5%
    Marquee Brands 2014 Neuberger Berman Consumer                        30.8 2.4%
    Staples 2017 Sycamore Partners Business Services                        30.7 2.4%
    Constellation Automotive 2019 TDR Capital Business Services                        30.6 2.4%
    Fortna 2017 THL Industrials                        28.7 2.3%
    Viant 2018 JLL Partners Healthcare                        27.2 2.1%
    Stubhub 2020 Neuberger Berman Consumer                        26.6 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT                        25.6 2.0%
    FDH Aero 2024 Audax Group Industrials                        25.3 2.0%
    Agiliti 2019 THL Healthcare                        25.3 2.0%
    Benecon 2024 TA Associates Healthcare                        25.2 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT                        24.4 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services                        23.8 1.9%
    USI 2017 KKR Financial Services                        23.2 1.8%
    Auctane 2021 Thoma Bravo Technology / IT                        22.5 1.8%
    AutoStore (OB.AUTO) 2019 THL Industrials                        22.2 1.7%
     

    Excelitas

     

    2022

     

    AEA Investors

     

    Industrials

                           21.9  

    1.7%

    Qpark 2017 KKR Transportation                        21.3 1.7%
    Exact 2019 KKR Technology / IT                        20.0 1.6%
    Renaissance Learning 2018 Francisco Partners Technology / IT                        19.4 1.5%
    Bylight 2017 Sagewind Partners Technology / IT                        18.6 1.5%
    Total Top 30 Investments                            $940.8 74.0%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 77%
    Europe 22%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 20%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 13%
    Healthcare 8%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 11%
    2017 19%
    2018 15%
    2019 14%
    2020 12%
    2021 17%
    2022 5%
    2023 2%
    2024 5%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $481 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of June 30, 2024.


    1Based on net asset value.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    Attachments

    The MIL Network

  • MIL-OSI Banking: Verizon Business delivers mission-critical connectivity to South Carolina Army National Guard

    Source: Verizon

    Headline: Verizon Business delivers mission-critical connectivity to South Carolina Army National Guard

    • The South Carolina Army National Guard has selected Verizon as its primary wireless communications partner
    • Contract includes more than 1,000 lines of service, ranging from smartphones to data devices

    COLUMBIA, S.C. – Verizon Business today announced a new contract with the South Carolina Army National Guard (SCARNG), becoming the primary wireless communications provider of the state-based military component.

    The deal encompasses connectivity for more than 1,000 devices ranging from 5G Ultra Wideband (UW) and 4G LTE smartphones to data devices like jet packs.

    The communications capabilities provided by these devices will play a key factor in the SCARNG’s ability to achieve its mission across the state of South Carolina.

    The SCARNG will also have access to the Verizon Frontline Crisis Response Team, a specialized group composed primarily of former first responders and military personnel, dedicated to supporting public safety and government agencies during emergencies at no cost to the supported agencies.

    This team provides on-demand, emergency assistance during crisis situations on a 24/7 basis. Verizon Frontline Crisis Response Team members set up portable cell sites, Wi-Fi hotspots, charging stations and other Verizon Frontline devices and solutions that enable communications and/or boost network performance.

    The SCARNG serves the state of South Carolina by responding to domestic emergencies, such as natural disasters, and by assisting in special situations. The SCARNG can also provide staff operations to support the governor during contingency operations.

    MIL OSI Global Banks

  • MIL-OSI USA: Welch Introduces LOCAL Foods Act to Better Support Rural Producers and Communities

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) led Senators Bernie Sanders (I-Vt.) and Cory Booker (D-N.J.) in introducing the Livestock Owned by Communities to Advance Local (LOCAL) Foods Act, legislation to update the Federal Meat Inspection Act of 1906’s (FMIA) ‘Personal-Use Exemption’to better support small-scale meat producers in rural communities. The LOCAL Foods Act would codify current USDA guidance on Personal-Use and Custom Exemptions, allowing consumers to buy live animals from producers and designate agents to handle the slaughter and processing of their meat. 
    The Federal Meat Inspection Act requires all meat in the United States to be inspected by the U.S. Department of Agriculture (USDA). However, the small number of USDA-inspected slaughterhouses creates bottlenecks for producers, especially small-scale producers that have to compete for slaughterhouse time with much larger operations. To address this, the LOCAL Foods Act will amend Personal-Use and Custom Exemptions to allow producers to sell a live animal to a consumer. The consumer will then have the freedom to either hire someone or slaughter and process the meat themselves, helping farmers to avoid bottlenecks to continue providing their communities with locally sourced food. 
    “For generations, Vermonters have depended on their neighbors for locally-grown produce and farm-fresh meat. However, regulations tailored toward large-scale farms have made it harder for smaller farms to sell in their own communities. Keeping our small-scale producers competitive means cutting through red tape to help them compete with companies that have massive operations,” said Senator Welch. “This bill will update federal guidelines to better support Vermont-sized producers, keep our food local, and strengthen our food systems.” 
    In 2013, Vermont adopted an on-farm slaughter law similar to the Food Safety and Inspection Service’s guidelines to allow owners to slaughter their livestock on the farm where it was raised while upholding food safety standards. This law helps reduce costs and emissions from animal transport, alleviate pressure on backlogged slaughterhouses, increase farm viability, and improve animal welfare and food security. However, USDA retains the authority to eliminate Vermont’s on-farm slaughter inspection program if the state fails to meet federal standards. 
    In 2018, the USDA Food Safety and Inspection Service issued updated guidelines to create an avenue for producers to sell their produce locally and without an inspection. This guidance gives livestock owners the option to slaughter livestock themselves, or have an agent slaughter their livestock on the farm where it was raised. This change also allows producers to sell a live animal to a consumer, have it slaughtered on the farm, and then processed at a custom processing facility. Custom processing facilities are inspected periodically, in contrast to round-the-clock inspectors that are present at USDA-certified facilities. 
    The LOCAL Foods Act is endorsed by the Farm Action Fund, Farmers and Ranchers Freedom Alliance, Farm-to-Consumer Defense Fund, Kentucky Black Farmers Association, National Family Farm Coalition, and Rural Vermont. 
    “Updating the personal-use exemption to be based on ownership aligns with current USDA standards and is needed to protect the rights of livestock owners, producers, and itinerant slaughterers to practice on-farm slaughter in accordance with their state regulations,” said Caroline Sherman-Gordon, small farmer and Rural Vermont’s Legislative Director. “Protecting farmers from subjective interpretations of the personal-use exception will protect farmers from unfair sanctions and give the security they need to grow their business.” 
    “The LOCAL Foods Act will reduce both financial and regulatory burdens on small farmers and thereby improve consumers’ access to local foods,” said Judith McGeary, regenerative farmer, lawyer, and Executive Director of the Farmers and Ranchers Freedom Alliance. “So many consumers want to buy from local farmers instead of massive corporations, but the farmers are blocked by regulations written by and for Agribusiness.” 
    “Modernizing the personal-use exception reflects the realities of diverse communities demanding access to local food that honor their traditions,” said Kenya Abraham, member of the Kentucky Black Farmers Association. “We are observing a growing demand to access local producers like me, but we need legislation that gives us an incentive to continue our operations.” 
    “The LOCAL Foods Act protects the rights of farmers and consumers to engage in direct commerce by increasing small livestock farmers’ ability to expand their business, and by allowing consumers to buy meat from local farms instead of industrial meat providers, should they so choose. Essentially, it protects the rights of farmers to sell the products of the farm and the rights of consumers to access the foods of their choice from the source of their choice, achieving the kind of food freedom so many demand for themselves, their families, and their communities,” said Christine Dzujna, Farm-to-Consumer Defense Fund’s Policy Manager. 
    “Securing the independence of farmers and consumers is key to building a healthy food system in the Country,” said Antonio Tovar, Senior Policy Associate at the National Family Farm Coalition. “The fact that consumers are effectively forced to access their food from corporations has made us vulnerable to a weak and unreliable market. The LOCAL Foods Act offers a real opportunity to start building food sovereignty.” 
    Learn more about the LOCAL Foods Act. 
    Read the full text of the bill. 

    MIL OSI USA News

  • MIL-OSI Canada: Minister Ferrada attends the G20 Tourism Ministers’ Meeting in Belém, Brazil

    Source: Government of Canada News

    As the main forum for cooperation among the world’s leading economies, the Group of 20 (G20) plays an important role in global governance, deepening cooperation between nations to address major global challenges.

    September 24, 2024 – Belém, Brazil

    As the main forum for cooperation among the world’s leading economies, the Group of 20 (G20) plays an important role in global governance, deepening cooperation between nations to address major global challenges. This includes a ministerial meeting that brings together tourism ministers from the G20 and other key nations.

    The Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, recently concluded Canada’s successful participation in the 2024 G20 Tourism Ministers’ Meeting in Belém, Brazil.

    The G20 Tourism Ministers’ Meeting gives nations a venue to share best practices, foster international collaboration and use tourism to drive economic growth and cultural understanding. The fight against climate change was a major focus of this year’s meeting. Minister Ferrada shared Canada’s perspectives on climate change—from warm winters to wildfires—as an existential threat to tourism. The Minister also took part in extensive discussions on tourism sustainability and workforce challenges, like training and recruitment.

    Minister Ferrada also represented Canada during several other important activities surrounding the ministerial meeting. She participated in the World Travel & Tourism Council’s public-private sector dialogue, where participants shared their priorities and concerns and identified opportunities for mutual support and greater public-private partnership. Minister Ferrada spoke on behalf of Canada at the UN Tourism sustainability forum, which explored how nations can work together to build an inclusive and sustainable global tourism industry. Finally, the Minister held bilateral meetings with key allies and partners, including the United States, Japan, Germany and Italy.

    Alexander Cohen
    Director of Communications
    Office of the Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec
    alexander.cohen@ised-isde.gc.ca

    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: Biden-Harris Administration Announces First CHIPS Commercial Fabrication Facilities Award with Polar Semiconductor, Establishing Independent American Foundry

    Source: US Government research organizations

    Media Contact: Madeline Broas, madeline.broas [at] chips.gov (madeline[dot]broas[at]chips[dot]gov)

    Today, as part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Commerce announced its first award under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities of up to $123 million in direct funding to Polar Semiconductor (Polar). The award follows the previously signed preliminary memorandum of terms and the completion of the Department’s due diligence. The award will expand and modernize the company’s manufacturing facility in Bloomington, Minnesota. The Department will distribute the funds based on Polar’s completion of project milestones.

    “Semiconductors – those tiny chips smaller than the tip of your finger – power everything from smartphones to cars to satellites and weapons systems. I signed the CHIPS and Science Act to revitalize American leadership in semiconductors, strengthen our supply chains, protect our national security, and advance American competitiveness. And over the last three and a half years, we have done just that, catalyzing over $400 billion in private sector investments in semiconductors and electronics that are creating over 115,000 construction and manufacturing jobs. This year alone, the United States is on pace to see more investment in electronics manufacturing construction than it did over the last 24 years combined,” said President Joe Biden. “Today’s announcement that the Department of Commerce has finalized the first commercial CHIPS Incentives award with Polar Semiconductor marks the next phase of the implementation of the CHIPS and Science Act, and demonstrates how we continue to deliver on the Investing in America agenda. Polar’s new facility will also be completed under a Project Labor Agreement to support its construction workforce, creating good-quality union jobs in Bloomington, Minnesota. Today’s announcement is just one of the many ways our Investing in America agenda is reshoring U.S. manufacturing, investing in workers and communities across the country, and advancing America’s leadership in the technologies of tomorrow.”

    “Today represents an important milestone in the implementation of the historic CHIPS and Science Act as we announce the first award agreement with Polar,” said U.S. Secretary of Commerce Gina Raimondo. “The Biden-Harris Administration’s investment in Polar will create a new U.S.-owned foundry for sensor and power semiconductors and modernize and expand Polar’s facilities in Minnesota, strengthening our national and economic security, bolstering our supply chains, and creating quality jobs.”

    The Biden-Harris Administration’s investment will support Polar’s efforts to almost double its U.S. production capacity of sensor and power chips within two years. This award catalyzes a total investment of more than $525 million from private, state, and federal sources to transform Polar from a majority foreign-owned in-house manufacturer to a majority U.S.-owned commercial foundry. Through Polar’s semiconductor manufacturing operations, the Administration’s investment is expected to create over 160 manufacturing and construction jobs in Minnesota.

    For more information about Polar’s award, please visit the CHIPS for America website.

    “The Biden-Harris Administration’s investment into Polar marks the first award, of many to come, into communities across our nation to regain our lead in semiconductor manufacturing,” said Lael Brainard, National Economic Advisor.

    “Polar and its employees are excited to embark on our transformative project. We welcome new customers and partnerships, and as a domestic U.S.-owned sensor and advanced power semiconductor merchant foundry, we will support technology and design innovation, protect intellectual property, facilitate onshoring and technology transfers, and provide efficient low- to high-volume manufacturing with world-class quality,” said Surya Iyer, President and Chief Operating Officer of Polar Semiconductor. “Through our collaborative and sustained workforce development efforts, we expect to support customers with highly skilled employees today and into the future. We are pleased to close on the significant equity investment from Niobrara Capital and Prysm Capital, and we extend our sincere thanks to our partners at the U.S. Department of Commerce, the State of Minnesota, and the City of Bloomington for their support of the future of American semiconductor manufacturing.”

    The purpose of the Award Phase is to finalize comprehensive due diligence and negotiate the final award documents. As stated in the CHIPS Notice of Funding Opportunity for Commercial Fabrication Facilities, the Department will distribute direct funding based on the completion of project components in connection with both the capital expenditures for the project and production and commercial milestones. The program will track the performance of each CHIPS Incentives Award through financial and programmatic reports, in accordance with the award terms and conditions, to establish a compliance program to monitor that commitments are being upheld.

    About CHIPS for America
    CHIPS for America has allocated more than $35 billion in proposed funding across 16 states and proposed to invest billions more in research and innovation, which is expected to create over 115,000 jobs. 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. CHIPS for America is part of President Biden and Vice President Harris’s economic plan to invest in America, stimulate private sector investment, create good-paying jobs, make more in the United States, and revitalize communities left behind. CHIPS for America includes the CHIPS Program Office, responsible for manufacturing incentives, and the CHIPS Research and Development Office, responsible for R&D programs, that both sit within the National Institute of Standards and Technology (NIST) at the Department of Commerce. Visit https://www.chips.gov to learn more.

    ###

    MIL OSI USA News

  • MIL-OSI Translation: Minister Ferrada participates in the G20 Tourism Ministers meeting in Belém, Brazil

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Press release

    September 24, 2024 – Belém (Brazil)

    As the leading forum for cooperation among major economies, the Group of Twenty (G20) plays an important role in global governance and strengthening multilateral cooperation to address major global challenges. The G20 Summit includes a ministerial meeting attended by tourism ministers from member countries and other key nations.

    The Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, the Honourable Soraya Martinez Ferrada, recently participated in the successful 2024 G20 Tourism Ministers Meeting in Belém, Brazil.

    Tourism ministers came together to share best practices, foster international collaboration, and drive economic growth and mutual cultural understanding through tourism. This year, addressing climate change was a major topic of discussion. Minister Ferrada shared Canada’s perspective on climate change, from mild winters to wildfires, which pose an existential threat to tourism. She also engaged in in-depth discussions on tourism sustainability and workforce challenges in the sector, including training and recruitment.

    Minister Ferrada represented Canada at several other events on the margins of the ministerial meeting. She notably took part in the World Travel and Tourism Council’s Public-Private Dialogue, where participants discussed priorities and concerns, identified opportunities for mutual support and strengthened public-private partnerships. Minister Ferrada spoke on behalf of Canada at the UN Tourism Sustainability Forum, which discussed how countries can work together to advance inclusive and sustainable tourism globally. Finally, the Minister held bilateral meetings with key partners and allies, including representatives from the United States, Japan, Germany and Italy.

    Quotes

    “Tourism brings people and nations together. This year, at the G20 Tourism Ministers’ Meeting, my counterparts and I reiterated our commitment to making tourism a sustainable and future-proof industry. To achieve this, we must develop tourism in an informed manner while combating climate change. Canada will continue to demonstrate leadership on the world stage and work with all other countries to make tourism a force for good.” – The Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec

    Related links

    Contact persons

    Alexander CohenDirector of CommunicationsOffice of the Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebecalexander.cohen@ised-isde.gc.ca

    Media RelationsInnovation, Science and Economic Development Canadamedia@ised-isde.gc.ca

    Stay Connected

    Follow the Canada Business account on social mediaX (Twitter): @entreprisescan | Facebook: Canada Business | Instagram: @entreprisescdn

    Follow the Ministry on LinkedIn: Innovation, Science and Economic Development Canada.

    For easy access to government programs for businesses, download theCanada Business App.

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

    MIL Translation OSI

  • MIL-OSI USA: Malliotakis Recognized as a Guardian of Small Business by the National Federation of Independent Business

    Source: United States House of Representatives – Congresswoman Nicole Malliotakis (NY-11)

    (WASHINGTON, DC) – Congresswoman Nicole Malliotakis was recognized by the National Federation of Independent Business (NFIB) and was honored as a Guardian of Small Business. This award honors lawmakers who consistently vote in favor of small businesses on key issues identified by business owners. Lawmakers who voted in support of small businesses on key issues during the 118th Congress earned the NFIB Guardian of Small Business Award. A total of 269 members of Congress were recognized as Guardians of Small Business during the 118th Congress.

    “I thank the National Federation of Independent Business and NFIB President Brad Close for this award,” said Congresswoman Nicole Malliotakis. “As a Member of the House Committee on Ways and Means, my priority has been to support and champion our small businesses by cutting bureaucratic red tape, lowering taxes, and reducing regulations. We must continue working to create an economic environment where small businesses can invest, expand and thrive, as they are job creators and the backbone of our economy.”

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

    READ MORE HERE.

    MIL OSI USA News

  • MIL-OSI: Shipsi Acquired by Rainmakers in Bid to Redefine Shipping Speeds and Disrupt Traditional E-Commerce Logistics

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Sept. 24, 2024 (GLOBE NEWSWIRE) — Rainmakers today announced it had acquired the on-demand delivery and logistics technology, Shipsi, from Auctane. Shipsi is the technology leveling the “instant shipping” playing field in retail. Shipsi believes this acquisition will usher in a new era of AI-driven, ultra-fast delivery solutions for retailers of all sizes and looks forward to continuing to enhance its ability to transform retail logistics through ongoing innovation and support from trusted partners, ensuring a seamless and improved experience for both retailers and consumers.

    Shipsi’s technology gives retailers the power to offer same-day shipping by mobilizing last-mile networks to deliver goods. To date, Shipsi has given thousands of retailers the power to deliver in under two hours—prior to Shipsi, this has been a massive advantage for only a few select retail giants. Shipsi’s technology seamlessly integrates with a retailer’s existing website and supply chain, often without requiring a single change to the existing process. Brands, retailers and platforms such as Shopify and CommerceCloud, are already leveraging Shipsi’s technology to provide an efficient and hassle-free delivery experience for consumers.

    Rye Akervik, the CEO of Shipsi, shared his views about the acquisition: “Final mile instant delivery is one of the most interesting and largely untapped areas in e-commerce and retail today. We’ve seen our partner retailers boost their sales by an average of 18% – a clear indicator that consumers are hungry for the kind of instant gratification that, until now, only a few retailers could provide. With Rainmakers’ AI expertise, we’re not just leveling the playing field; we’re changing the game entirely.”

    Rainmakers, known for their groundbreaking work in AI, plan to supercharge Shipsi’s already impressive capabilities. By combining advanced artificial intelligence with innovative dark warehousing strategies, the new management team aims to dramatically expand Shipsi’s geographic reach and further reduce delivery times, even in areas outside major metropolitan centers.

    The implications of this acquisition extend far beyond faster deliveries. As part of the deal, Shipsi will remain integrated with Auctane products and services, a global logistics giant that processes $200 billion worth of transactions across 3 billion shipments annually. This continued relationship ensures that Shipsi will have the scale and resources to rapidly deploy its enhanced AI-driven delivery solutions.

    The acquisition also comes at a crucial time for the retail industry, which has seen an unprecedented shift towards online shopping in recent years. With consumers increasingly expecting faster delivery times, the Shipsi acquisition could provide a vital lifeline for retailers struggling to meet these evolving demands. “The stats speak for themselves,” Rye Akervik shares, “Consumers want things now, 88% of people are willing to pay more for same-day delivery1, and over 25% of shopping cart abandonment is because shipping is ‘too slow.2” Retailers of any size can either take action, meet today’s consumer demands and thrive or continue to face mounting pressures from increased consumer demand on faster shipping speeds.”

    For more information about Shipsi’s services visit www.shipsi.com

    About Shipsi
    Founded in 2016 with the mission to democratize ultra-fast delivery, Shipsi Inc. has quickly become the go-to solution for retailers looking to offer instant, same-day, and next day delivery speeds without the need for complex integrations or massive infrastructure investments. It was acquired by Stamps.com in 2020

    About Rainmakers
    The Rainmakers is at the forefront of AI development, creating intelligent solutions that transform industries. With a focus on practical applications of cutting-edge AI technology, The Rainmakers has a track record of turning advanced concepts into business realities. Rainmakers has grown and exited over 30 companies in its 20 years in business.

    Media and Investment Contacts:

    For further information, please contact:
    Simon Pearce
    inquiries@shipsi.com

    For investment information, please contact:
    Rye Akervik
    rye.akervik@shipsi.com

    1Lopienski, K. (2024, September 9). Best Same-Day Shipping & Delivery Options [Fastest Shipping]. ShipBob. https://www.shipbob.com/blog/same-day-shipping-delivery/
    249 Cart Abandonment Rate Statistics 2024 – Cart & Checkout – Baymard Institute. (n.d.). Baymard Institute. https://baymard.com/lists/cart-abandonment-rate

    The MIL Network

  • MIL-OSI Russia: The Rectorate of the State University of Management visited Rostov-on-Don on a working visit

    MIL OSI Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    On September 24, 2024, a working meeting of the rector’s office of the State University of Management and the management of the Don State Technical University was held in Rostov-on-Don, at which the main areas of cooperation between the universities were approved.

    The meeting was attended by Rector Vladimir Stroyev and Vice-Rectors Maria Karelina, Vitaly Lapshenkov and Pavel Pavlovsky from the GUU side. DSTU was represented by Vice-Rector for Research and Innovation Inessa Efremenko, Vice-Rector for General Affairs Dmitry Dzhedirov and Vice-Rector for Youth Policy Andrey Guskov.

    The colleagues discussed issues of interaction within the framework of the previously signed cooperation agreement. Representatives of DSTU expressed interest in the developments of the State University of Management in the field of artificial intelligence and unmanned aerial vehicles. The State University of Management, in turn, proposed interaction within the framework of the project of the student Design Bureau, organized on the initiative of TMH.

    “Not a single university in our time can concentrate in itself the full range of knowledge and technologies in demand on the market. Only network educational programs and broad interaction with partners, including from the public sector and business, are capable of solving the problems facing modern universities,” Vladimir Stroyev noted.

    “We will cooperate with our Moscow colleagues in such areas as the creation of unmanned aerial vehicles for the agro-industrial complex and the digitalization of design documentation as part of fulfilling orders from business representatives,” said Inessa Efremenko.

    In addition, the parties clarified the areas of joint work within the framework of the project “Service Learning”, as well as issues of education, retraining and employment of SVO veterans.

    The delegation from the State University of Management was given a tour of the laboratories, experimental and museum spaces of DSTU.

    In the afternoon, the rector’s office of the State University of Management met with the director of the Rostov Regional Agency for Entrepreneurship Support – the operator of the “My Business” centers of the Rostov Region, Yana Kurinova, to discuss a joint network program for training in the framework of creative economies, as well as employment opportunities for veterans of the SVO.

    Subscribe to the TG channel “Our GUU” Date of publication: 09.24.2024

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

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

    The Rectorate of the State University of Management visited Rostov-on-Don on a working visit

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

    MIL OSI Russia News

  • MIL-OSI USA: Huizenga Recognized as Guardian of Small Business by NFIB

    Source: United States House of Representatives – Congressman Bill Huizenga (MI-02)

    Last week, Congressman Bill Huizenga (R-MI) was recognized as a “Guardian of Small Business” by the National Federation of Independent Business (NFIB) for his legislative record of voting in support of small business. As the voice of small business, NFIB is the only business organization whose policy positions are established by NFIB members directly. NFIB’s Guardian of Small Business Award is reserved for lawmakers who vote consistently with small businesses on key issues identified by small business owners.

    “As a small business owner myself, I understand the challenges job creators face in the current economic environment,” said Congressman Bill Huizenga. “With input costs soaring and economic uncertainty on the rise, I will continue to fight for commonsense legislation that empowers local job creation, lowers energy prices, and makes life more affordable for small businesses across Southwest Michigan. Thank you to the NFIB for recognizing my work to make it easier to start a small business here in Michigan.”

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

    MIL OSI USA News

  • MIL-OSI USA: NIST Awards $6 Million to Carnegie Mellon University to Establish an AI Cooperative Research Center

    Source: US Government research organizations

    Credit: everything possible/Shutterstock

    GAITHERSBURG, Md. Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department of Commerce’s National Institute of Standards and Technology (NIST) has awarded $6 million to Carnegie Mellon University (CMU) to establish a joint center to support cooperative research and experimentation for the test and evaluation of modern AI capabilities and tools. The center will be housed on the Carnegie Mellon campus, in Pittsburgh.

    “Artificial intelligence is the defining technology of our generation, and at the Commerce Department we are committed to working with America’s world-class higher education institutions, like Carnegie Mellon University, to advance safe, secure and trustworthy development of AI,” Raimondo said. “I am excited to announce this NIST award of $6 million for Carnegie Mellon to boost research of AI systems and support a new generation of scientists and engineers that will help advance American innovation globally.”

    The CMU/NIST AI Measurement Science & Engineering Cooperative Research Center will seek to advance AI risk management practices and evaluation approaches through stakeholder partnerships and translate assessment capabilities and methodologies into practice. 

    “This new cooperative research center will expand NIST’s knowledge base and fundamental research capacity in AI,” said Under Secretary of Commerce for Standards and Technology and NIST Director Laurie E. Locascio. “Through this partnership, we will strengthen our understanding of foundation models and support new research and new researchers in this rapidly evolving field.”

    The center will focus on foundational research and developing AI system-level tooling, metrics, evaluation procedures, development processes, and best practices to help AI builders consistently engineer safe AI systems. Its efforts will align with NIST AI priorities including better methods for measuring validity, reliability, safety, privacy and security; accountability, transparency, fairness and explainability; and generative AI evaluation at any stage of development or deployment.

    The grant to CMU was awarded through NIST’s Measurement Science and Engineering Research Grant Program, which supports collaborative research aligned with NIST’s research objectives. The program seeks to develop a diverse, world-class pool of scientists and engineers to engage in NIST’s measurement science and standards research and to promote understanding of measurement science and standards. 

    The new center’s work will support the NIST AI Innovation Lab (NAIIL), which is a component of NIST’s larger efforts on fundamental AI measurement research and guideline development.

    MIL OSI USA News

  • MIL-OSI USA: Breaking: House Passes Brown’s Bipartisan Bill to Cut Red Tape for CHIPS Projects Like Intel

    US Senate News:

    Source: United States Senator for Ohio Sherrod Brown
    WASHINGTON, D.C. – The U.S. House of Representatives today passed U.S. Senator Sherrod Brown’s bipartisan Building Chips in America Act, a bill to streamline federal reviews for microchip manufacturing facilities like the one being built by Intel in New Albany. The bill prevents delays in domestic manufacturing investments made possible by the CHIPS Act while maintaining bedrock environmental protections for clean air and water.
    The legislation passed the U.S. Senate in December and heads to the President’s desk to be signed into law.
    “This legislation will help prevent delays to the semiconductor manufacturing projects the CHIPS Act made possible and will encourage future investments in American manufacturing. This is critical to Intel’s project in Licking County and to ensure that we can outcompete China – I’m glad the House finally passed it and encourage the President to sign it into law immediately,” said Senator Brown.
    Brown has been a leader in bringing new manufacturing opportunities to Ohio and worked to pass into law the CHIPS and Science Act of 2022 which boosted Intel’s $20 billion investment to build a semiconductor plant in New Albany and is expected to create 10,000 jobs.
    Following its passage, companies throughout the semiconductor supply chain have announced plans to invest billions in new domestic manufacturing projects. The Building Chips in America Act would ensure federal environmental reviews are completed in a timely manner for these microchip projects supported by the CHIPS Act by streamlining approval for projects currently under construction and others that could be delayed, and by providing the Secretary of Commerce greater tools to more effectively and efficiently carry out reviews.
    This will give the administration additional authority to more effectively implement the CHIPS Act and maximize its potential to boost domestic microchip manufacturing, strengthen domestic supply chains, lower costs, and improve national security.
    In addition to Brown, U.S. Senators Mark Kelly (D-AZ), Ted Cruz (R-TX), Todd Young (R-IN), Bill Hagerty (R-TN), Martin Heinrich (D-NM), Kyrsten Sinema (I-AZ), and Ted Budd (R-NC) led the legislation in the Senate.

    MIL OSI USA News

  • MIL-OSI Canada: Government of Saskatchewan Rejects Federal Oil and Gas Emissions Cap and Methane 75 Regulations

    Source: Government of Canada regional news

    Released on September 24, 2024

    Province Would Face Royalty and Tax Revenue Losses up to $7 Billion, Lost Government Revenues of $43 Billion, and up to 34,000 Job Losses by 2050, According to Independent Report

    In its new independent report, the Saskatchewan Economic Impact Assessment Tribunal has found that the federal oil and gas emissions cap and federal Methane 75 regulations would cause substantial economic damage to Saskatchewan.

    By 2050, with production caps and methane mandates in place, Saskatchewan’s oil production would fall by between 38 and 52 per cent, the province would face cumulative royalty and tax revenue losses of between $4.8 and $7.1 billion, and total lost government revenues would be up to $43.3 billion, according to the independent Report.

    “The Tribunal has, in several cases, relied on the same experts as the federal government and presented undeniable, quantitative data that these two federal mandates would be economically devastating to Saskatchewan,” Justice Minister and Attorney General Bronwyn Eyre said. “These mandates will lead to industrial winners and losers across the country and represent a sweeping constitutional overreach into the province’s exclusive jurisdiction over natural resources. This report arms us with additional, independent evidence to constitutionally challenge the two mandates.”

    The Report also found that, with these federal mandates in place, Saskatchewan’s economy would contract by 4.3 per cent by 2030, by 6.4 per cent by 2050, and that there would be a cumulative GDP impact by 2050 of $230 billion. Employment losses by 2050, relative to the status quo, would range from between 12,800 and 34,000 people.

    “The Explorers and Producers Association of Canada (EPAC) remains fundamentally opposed to the imposition of a federal emissions cap on Canadian oil and gas production,” EPAC President and CEO Tristan Goodman said. “This is unnecessary and unacceptable given Canadian producers’ ongoing efforts to reduce emissions. A federal emissions cap will introduce further investment uncertainty and has a likelihood of being found unconstitutional as seen in recent Supreme Court decisions. EPAC supports the goal of reducing methane emissions from the oil and gas sector and we believe this is strictly provincial jurisdiction. We look forward to working with the province of Saskatchewan to achieve their methane emissions reduction target. Federal intervention is not required.”

    These two mandates will also not reduce any global emissions, according to the Report, and production cuts in Canada will simply be back-filled by jurisdictions with weaker environmental standards. Between 2015 and 2023, provincially-regulated methane emissions in Saskatchewan fell by two-thirds.

    The Economic Impact Assessment Tribunal conducted its analysis and developed this report under the authority of The Saskatchewan First Act, which came into force in September 15, 2023. The Report was released yesterday and can be accessed within the background documents at the bottom of this page.

    Additional information about the Economic Impact Assessment Tribunal can be found at:

    https://www.saskatchewan.ca/government/news-and-media/2023/november/28/government-announces-first-impact-assessment-tribunal.

    https://www.saskatchewan.ca/government/news-and-media/2024/april/08/media-advisory.

    The Government of Saskatchewan would like to thank the Economic Assessment Tribunal for its independent, in-depth report. Members of the Tribunal are as follows:

    • Michael W. Milani (Chair);
    • Dr. Janice MacKinnon (Vice-Chair);
    • Kenneth From;
    • Dr. Stuart Smyth; and 
    • Estella Petersen.

    • Michael Milani, KC (Chair) is a senior partner (commercial and insolvency) at McDougall Gauley in Regina. Mr. Milani has previously served as Estey Chair in Business Law at the University of Saskatchewan’s College of Law, as President of the Law Society and Federation of Law Societies of Canada, and is the current Chair of the Law Reform Commission of Saskatchewan. In a legal capacity, he has undertaken various green energy projects for SaskPower, including negotiating power purchase agreements for wind and solar energy, as well as agreements for the engineering, procurement and construction of combined cycle gas plants.
    • Dr. Janice MacKinnon (Vice-Chair) is a fellow of the Royal Society of Canada, member of the Order of Canada, and former Saskatchewan Finance Minister. In 2017, she was appointed to the federal advisory panel on NAFTA and the Environment and, in 2019, was appointed by former Alberta Premier Jason Kenney to chair the Blue Ribbon panel on Alberta’s finances. She is a Professor of fiscal policy at the School of Public Health at the University of Saskatchewan and a senior fellow and member of the National Council at the C.D Howe Institute.
    • Kenneth From is the former President and CEO of SaskEnergy. He is also a former CEO of the Petroleum Technology Research Centre (PTRC) and the Technical Safety Authority of Saskatchewan (TSASK). Mr. From also previously served as an officer and director of Raven Oil Corporation from 2012-2016 and as President of Prairie Hunter Energy Corporation. A professional engineer, he was President (2003-2004) of the Association of Professional Engineers and Geoscientists of Saskatchewan (APEGS).
    • Dr. Stuart Smyth is a professor at the University of Saskatchewan in the Department of Agricultural and Resource Economics. His research focuses on sustainability, agriculture and innovation. As U of S Agri-Food Innovation and Sustainability Enhancement Chair, Dr. Smyth has published over 100 academic articles and is recognized as a leading expert on barriers to innovation and regulatory efficiency.
    • Estella Peterson is an oil sands heavy equipment operator in Fort McMurray, AB. Originally from Saskatchewan and Treaty 4 Cowesess First Nation, Estella is part of Suncor Energy’s Aboriginal Ambassador program and is a freelance contributor, including to The Globe and Mail, on the economic importance of the natural resources sector to Indigenous communities.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI USA: Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility

    Source: US State of North Carolina

    Headline: Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility

    Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility
    mseets

    Reckitt*, a global leader in health, hygiene and nutrition, will establish a major production plant in Wilson County to produce the over-the-counter medicine Mucinex, creating 289 jobs, Governor Roy Cooper announced today. The company will invest $145.59 million in Wilson.

    “North Carolina continues to attract the world’s most well-known life science companies that are working to keep people healthy,” said Governor Cooper. “Communities like Wilson and all across our state provide skilled biotech workers through our training systems that are important to companies like Reckitt.”

    For more than 200 years, Reckitt has been the company behind some of the world’s most recognizable and trusted consumer brands, including Airborne®, Biofreeze®, Finish®, Lysol®, Mucinex®, and more. These brands have been used by consumers for generations and are familiar staples in households around the world. Every day, around 30 million Reckitt products are purchased globally. The company’s new Wilson project will allow the company to expand its production capacity and localize Mucinex production. In addition to management and administrative functions, the Wilson facility is expected to include quality assurance and quality control, engineering, and general manufacturing roles.

    “With its prominence as a life science innovation hub, North Carolina is an ideal place for Reckitt to establish its U.S. regional manufacturing center,” said Kris Licht, CEO of Reckitt. “This strategic, onshoring investment will build resiliency and agility in our supply chain and further drives our mission to create a healthier world by increasing access to important medicines.”

    “As a native of eastern North Carolina and a former life science executive, it’s been so exciting to see the growth of this industry in Wilson and North Carolina’s BioPharma Crescent region,” said Commerce Secretary Machelle Baker Sanders. “Mucinex is a trusted household brand and I’m proud to welcome Reckitt to North Carolina as the company expands its capabilities in the United States.”

    The North Carolina Department of Commerce led the state’s support for the company during its site evaluation and decision-making process.

    Although wages will vary depending on the position, the average salary for the new positions will be $80,182, which is higher than the current average wage in Wilson County of $52,619. The new positions will bring an annual payroll impact to the community of more than $23 million per year.

    Reckitt’s project in North Carolina, formally being granted to company subsidiary RB Health Manufacturing (US) LLC, will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $1.9 billion. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $4,606,000, spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets.

    The project’s projected return on investment of public dollars is 317 per cent, meaning for every dollar of potential cost, the state receives $4.17 in state revenue. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.

    “Wilson is a vital center for North Carolina’s renowned biotech and life science industry, and we’re proud that Reckitt has chosen Wilson and the BioPharma Crescent for their new facility,” said N.C. Senator Buck Newton. “Our workforce and investment in the Biologics Training Facility make Wilson the perfect location for these high-tech companies and their high salary jobs.”

    “With today’s decision, economic development leaders at the local, regional, and state level show once again how persistence and collaboration among many organizations can bring great companies to our region,” said N.C. Representative Ken Fontenot. “We look forward to helping Reckitt put down roots and grow in North Carolina.”

    Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Biotechnology Center, N.C. Commerce’s Division of Workforce Solutions, the City of Wilson, Wilson County, and the Wilson Economic Development Council.

    *Reckitt is the trade name of the Reckitt Benckiser group of companies.

    ###

    Sep 24, 2024

    MIL OSI USA News

  • MIL-OSI: The Miller Group Awards Rudy R. Miller Business – Finance Scholarship to Two Arizona State University Seniors

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., Sept. 24, 2024 (GLOBE NEWSWIRE) — The Miller Group (TMG) announced it has awarded its 2024 Rudy R. Miller Business – Finance Scholarship (RRM Scholarship) to Arizona State University (ASU), W. P. Carey School of Business students Maxwell Fields and Ilya Illiashenko. Mr. Fields is pursuing a Bachelor of Science degree in Finance, a minor in Economics, and a Certificate in Applied Business Data Analytics. Mr. Illiashenko is pursuing Bachelor of Science degrees in Finance and Supply Chain Management.

    Mr. Fields has strong leadership skills and a passion for investment management. He co-founded and serves as vice president of the Financial Literacy and Market Economics Club at ASU. He is vice president of Sigma Nu, a leadership-focused non-profit fraternity and through multiple internships in the investment and financial industry, he gained valuable hands-on knowledge and he plans to enter the investment management sector upon graduation.

    Mr. Illiashenko serves as an associate for the Symposium Planning Committee for Scholars of Finance at ASU. His internships have included finance, investment, and real estate finance. At Teach for America, he led an SAT bootcamp for high school juniors from an underserved community achieving a 50% improvement in student engagement and a 30% increase in academic performance through data-driven strategies. Witnessing his mother’s lifelong dedication to reforming Ukraine’s healthcare system instilled a desire to address societal challenges and uplift communities. Mr. Illiashenko’s ultimate goal is to contribute to his home country of Ukraine’s development, fostering integrity, transparency, and a robust financial and healthcare landscape. He strives to bridge the gap between academic pursuits and real-world impact in Ukraine.

    Mr. Miller, Chairman, President and Chief Executive Officer of TMG and affiliated entities, stated, “Our firm had a difficult time selecting one scholarship recipient this year due to the exceptional quality of applicants. We decided to select two superb students as co-recipients for our 2024 award. These two applicants stood out to me not only for their academic achievements, but also for their efforts outside of the university. We are honored to assist both recipients financially and with future individual mentoring and guidance by me.”

    “Ilya Illiashenko and Maxwell Fields are excellent candidates for the Rudy R. Miller Business – Finance Scholarship. In addition to their outstanding academic records, both candidates are notable leaders in a number of campus and community-based initiatives. I want to thank Rudy Miller for his continued recognition and financial support of academically accomplished student leaders like Maxwell and Ilya” remarked Laura Lindsey, Department of Finance Chair and the Cutler Family Endowed Professor, W. P. Carey School of Business, Arizona State University.

    About Rudy R. Miller

    Mr. Rudy R. Miller, a former member of the U.S. Armed Forces, is an entrepreneur, philanthropist, and investor in numerous industries. Mr. Miller is Chairman, President, and CEO of Miller Capital Corporation, an affiliate of The Miller Group of entities; for more information, including Mr. Miller’s biography, visit www.themillergroup.net.

    Mr. Miller instituted the annual Rudy R. Miller Business – Finance Scholarship Program in 2008 to support Arizona State University, W. P. Carey School of Business. Since inception, Mr. Miller has issued three additional ASU scholarships, not included in the annual award process, totaling 23 ASU scholarships to date. Mr. Miller had the honor to serve as a member of ASU’s Dean’s Council of 100, a national group of prominent business executives invited by the Dean to play a leadership role in shaping the future of the W. P. Carey School of Business.

    In 2023, Mr. Miller was selected by Embry-Riddle Aeronautical University to join two influential advisory boards for both the College of Aviation and the College of Business, Security and Intelligence. In addition to joining the advisory boards at Embry-Riddle, he established scholarships for students at both colleges and set up a fund to support simulator training to improve commercial pilot safety, the Rudy R. Miller Instrument Safety Currency Program (ISCP).

    His philanthropic endeavors include support for the non-profit arts community, selective universities, athletic foundations, and veterans’ projects. He is a member-sponsor of the Army Historical Foundation and the National Museum of the U.S. Army located at Fort Belvoir, VA. He served as Chairman of the Advisory Board of Thunderbird Field II Veterans Memorial, Inc. (Tbird2), an organization that honors veterans, from 2018 until March 2024. Mr. Miller developed its aviation scholarship program and process in 2018 and served as the first Chairman of the Scholarship Committee until June 2023. Tbird2 offers scholarships at six colleges, for both veteran and non-veteran students, including two 4-year universities, Embry-Riddle Aeronautical University and Arizona State University, Ira A. Fulton Schools of Engineering.

    About The Miller Group

    MILLER, established in 1972 and headquartered in Scottsdale, Arizona, is comprised of several affiliated companies including Miller Capital Corporation, Miller Investments, Inc., and Miller Management Corporation. The Miller Group offers a broad range of services including venture capital and private equity investing, debt financing, financial advisory, and management consulting to public and private middle-market companies throughout North America, Europe, and Asia. A select group of current and past clients include: America West Airlines®, Bowlin Travel Centers, Inc.®, Capital Title Group, Inc., DELSTAR Companies, Inc., Legal Broadcast Network, LLC, Magma®, McMurry, Inc., Ritz Carlton Magazine®, Sequence Media Group, ServRx, Inc., Sunshine Minting, Inc.®, Telgian Holdings, Inc.®, and US Air Express.

    Official photographer for The Miller Group and its affiliated entities – Gordon Murray, 480 205-9691 (www.flashpv.com)

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13c9e3e2-5ff6-45f6-8737-2e053c545299

    The MIL Network

  • MIL-OSI USA: Read More (Maryland Congressional Delegation Members Press NASA for Answers on OSAM-1 Mission)

    Source: United States House of Representatives – Representative David Trone

    September 19, 2024

    WASHINGTON – This week, U.S. Senators Chris Van Hollen and Ben Cardin and Congressmen Steny H. Hoyer, Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, Jamie Raskin, David Trone, and Glenn Ivey (all D-Md.) wrote to National Aeronautics and Space Administration (NASA) Administrator Bill Nelson, pressing the agency for answers on its decision to cancel the On-Orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) robotic satellite maintenance mission, even after the lawmakers provided $227 million through fiscal year 2024 appropriations legislation to ensure its launch in 2026. The lawmakers also have been working to secure continued funding in the next fiscal year. The OSAM-1 mission, developed at the NASA Goddard Spaceflight Center in Greenbelt, Maryland, was expected to offer operators new ways to maintain their satellite fleets more efficiently and help mitigate space debris. In their letter, the Maryland Congressional Delegation members ask Administrator Nelson for a detailed accounting of the review process that led to the cancellation as well as the plan to utilize the nearly complete OSAM-1 satellite.

    “As members of the Maryland Delegation, we write to request information regarding NASA’s decision to cancel the On-Orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) mission on September 4, 2024. OSAM-1 is a space technology mission developed to demonstrate NASA’s capabilities to extend the lifespans of government-owned satellites and other satellites that were not originally built or intended to be serviced in space,” the lawmakers began. “This demonstration intends to show the ability to repair and restore existing satellites, prolong satellite mission life, and pave the way for more sustainable and cost-effective space missions in the future. […] There is currently no existing operation that demonstrates the unique capabilities of this technology within U.S. public or commercial missions.”

    “On February 29, 2024, NASA ordered an orderly shutdown of the OSAM-1 mission, citing technical, cost, and scheduling challenges as well as the overall funding environment. Recognizing the value of the mission, Congress directed NASA to continue the OSAM-1 mission in the Commerce, Justice, Science and Related Agencies Joint Explanatory Statement accompanying the Consolidated Appropriations Act, 2024,they continued, citing their work to preserve the mission and keep it on track for launch in 2026.

    It is our understanding that in April 2024 NASA received an updated plan from the mission team, which included a rescope of the mission to meet the launch and budget requirements, as directed by Congress, and reduced testing requirements to adopt a Class-D designation in line with the standard posture of a technology demonstration project. It is also our understanding that the OSAM-1 mission team has proceeded with executing on this updated plan,” pointing to further progress in resolving these issues.

    The Delegation members conclude their letter noting, however, “On September 4, 2024, members of the Maryland delegation were notified of NASA’s intent to proceed with canceling the OSAM-1 mission.” Following this they underscore, “we have concerns regarding the Agency’s decision-making process,” and go on to ask for answers to a series of questions surrounding the decision, to be received no later than Monday, September 23.

    Full text of the letter is below and here.

    Dear Administrator Nelson:

    As members of the Maryland Delegation, we write to request information regarding NASA’s decision to cancel the On-Orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) mission on September 4, 2024.

    OSAM-1 is a space technology mission developed to demonstrate NASA’s capabilities to extend the lifespans of government-owned satellites and other satellites that were not originally built or intended to be serviced in space. Capabilities that OSAM-1 seeks to demonstrate include rendezvous, autonomous capture, servicing and refueling in Low Earth Orbit (LEO) with spacecraft not built for these purposes, as well as relocation of spacecraft and on-orbit assembly and manufacturing. This technology will grant satellite operators new ways to manage their fleets more efficiently and will help mitigate growing concerns about space debris. This demonstration intends to show the ability to repair and restore existing satellites, prolong satellite mission life, and pave the way for more sustainable and cost-effective space missions in the future. We are currently witnessing a commercial boom in space launches, and it is critical that NASA commits to the priority of controlling the growth of orbital debris, especially during a time when private actors may not feel incentivized to do so. Furthermore, defense stakeholders have expressed growing interest in space servicing, mobility, and logistics competencies to conduct dynamic space operations in support of national security interests. There is currently no existing operation that demonstrates the unique capabilities of this technology within U.S. public or commercial missions.

    On February 29, 2024, NASA ordered an orderly shutdown of the OSAM-1 mission, citing technical, cost, and scheduling challenges as well as the overall funding environment. Recognizing the value of the mission, Congress directed NASA to continue the OSAM-1 mission in the Commerce, Justice, Science and Related Agencies Joint Explanatory Statement accompanying the Consolidated Appropriations Act, 2024 (P.L. 118-42):

    On-Orbit Servicing, Assembly, and Manufacturing-] (OSAM-1).-ln lieu of the Senate report language, the agreement provides $227,000,000 for OSAM-1 to adjust the mission to ensure a 2026 launch within the cost profile assumed in the fiscal year 2024 budget request. Consistent with recommendations by the OSAM-1 Standing Review Board, NASA is directed to reduce testing requirements and make the necessary technical decisions, including potential de-scoping of some non-essential capabilities, to meet these launch and budget requirements. If this is not possible, NASA should initiate another Continuation Review in September 2024. Further, NASA is directed to work with the Department of Defense on a plan for a potential use, as practicable, of OSAM-1 for space mobility capability, and to provide the Committees with the plan not later than 180 days after enactment of this act.

    It is our understanding that in April 2024 NASA received an updated plan from the mission team, which included a rescope of the mission to meet the launch and budget requirements, as directed by Congress, and reduced testing requirements to adopt a Class-D designation in line with the standard posture of a technology demonstration project. It is also our understanding that the OSAM-1 mission team has proceeded with executing on this updated plan.

    On September 4, 2024, members of the Maryland delegation were notified of NASA’s intent to proceed with canceling the OSAM-1 mission. NASA officials cited feasibility of the 2026 launch plan, risk tolerance, lack of interest from potential partners per verbal communication, return on investment, and interest in expanding other Space Technology Mission Directorate (STMD) priorities. The Delegation wishes to note that return on investment and other STMD priorities are extraneous factors that Congress did not include in its direction. Furthermore, we have concerns regarding the Agency’s decision-making process.

    In order to assesses the Agency’s cancelation decision, we request the following information by September 23, 2024.

    1. A copy of the 2026 launch plan.
    2. A copy of the close-out plan.
    3. The execution status of the mission as of the September 4th cancelation announcement.
    4. The number of NASA civil servants and number of contractors associated with OSAM-1 as of the September 4th cancelation announcement.
    5. The remaining cost-to-go if the mission were to proceed with the 2026 launch plan.
    6. The estimated close-out and shutdown costs if the mission were canceled.
    7. An explanation of the risk criteria in assessing the 2026 plan and a comparison to the standard risk criteria for a technology demonstration.
    8. An explanation of where the project team and NASA disagreed in terms of executability and credibility of the 2026 launch plan.
    9. A description of the review process conducted of the 2026 launch plan after the February 2024 Standing Review Board report and minutes from internal reviews and external independent reviews including, but not limited to, the May 2024 Space Technology Mission Directorate Program Management Council Review. If there was no external independent review conducted, please explain why that was the case.
    10. The timeline of the Continuation Review process, including dates of relevant meetings. If the Continuation Review process was initiated before September, in contradiction of Congressional direction, please provide an explanation as to why the Agency expedited the timeline.
    11. A description of the Agency’s efforts to work with the Department of Defense on potential use or partnership for OSAM-1 spaceflight hardware, test facilities, and personnel; not to include the existing Inter-Agency Agreement with the Defense Advanced Research Projects Agency (DARPA) for work on a partnership with the Robotic Servicing of Geosynchronous Satellites (RSGS) project.
    12. An explanation of the Agency’s decision to delay issuing a Request for Interest to potential partners until after the September 4th cancelation announcement.
    13. A description of the Agency’s plan to retain as much of the OSAM-1 workforce as possible should the cancelation proceed.
    14. A description of the Agency’s commitment to the success of current and future missions at NASA Goddard.

    We thank you for your diligence and timely response to our request.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Rep. Chu, Sen. Wyden Introduce Bill to Boost Access to Capital for Businesses Owned by Women and People of Color

    Source: United States House of Representatives – Representative Judy Chu (CA2-27)

    WASHINGTON, D.C. — Rep. Judy Chu (CA-28) and Senate Finance Committee Chair Sen. Ron Wyden (OR) today introduced the bicameral Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success Act (PROGRESS Act) to improve access to capital for small businesses owned by women and people of color.

    “The Biden-Harris Administration has overseen a boom in small business growth. But for many small businesses, particularly those owned by enterprising women and people of color without long-term relationships with financial institutions, securing access to capital remains far too tough, which hurts their ability to grow,” said Rep. Chu, who serves on both the House Ways and Means Committee and House Small Business Committee. “Sen. Wyden and I are introducing the PROGRESS Act to create first employee and investor tax credits so we can level the playing field for women-owned and minority-owned small businesses and unlock their full growth potential.”

    “Women business owners, particularly women of color, are underestimated, underrepresented and undercapitalized,” said Sen. Wyden. “Nobody can question the entrepreneurial spirit of women small business owners in America, but tax laws on the books today aren’t doing nearly enough to support them compared to others. Everybody wins when more small business owners have a chance to get ahead and grow, and that’s what this bill is all about.” 

    On average, white business owners start with nearly three times the working capital of black-owned businesses. Male entrepreneurs, on average, start with nearly twice as much capital as female entrepreneurs. The numbers are even more stark when considering only third-party capital. In 2023, only 2.2 percent of venture capital funding went to companies founded solely by women. This disparity is acutely felt by women of color who now account for 50 percent of all women-owned firms, yet received less than one percent of venture capital funding over the past decade. Owners of small businesses that lack employees are more diverse than employer firms. More than one-third of non-employer businesses are owned by people of color and more than four in ten are owned by women. Unfortunately, these businesses struggle to grow and face endemic barriers to accessing funding.

    Because of their size, their industry, or the way they are organized, many women-owned businesses can’t take advantage of tax benefits designed for small businesses. This lack of capital has limited the ability of these entrepreneurs to grow their businesses.

    The PROGRESS Act creates two new tax incentives to unlock the growth potential of these businesses:

    First Employee Credit:
    A new first employee credit will stimulate business growth and job creation.

    • A credit equal to 25 percent of W-2 wages reported can be claimed annually, up to $10,000 in a single tax year, with a lifetime limit of $40,000.
    • Because many businesses do not turn a profit in their early years, the first employee credit is creditable against the business’ payroll tax liability.
    • Certain businesses that have not reported full-time equivalent W-2 wages in a previous year are eligible for the credit.
    • Eligible businesses must be majority owned by U.S. individual(s) that each earn $100,000 or less per year ($200,000 in the case of joint filers).

    Investor Credit:
    A new investment credit will encourage third-party capital investment and allow small businesses to grow and thrive. 

    • A credit of up to 50 percent of a qualified debt or equity investment can be claimed, up to $10,000 in a single tax year, with a lifetime limit of $50,000.
    • Investors that fund certain businesses can use the credit to boost their rate of return.
    • Eligible businesses must have at least one full-time equivalent employee and be majority owned by U.S. individual(s) that each earn $100,000 or less per year ($200,000 in the case of joint filers).

    Click here for a one-page summary of the bill is available.

    Click here for a detailed bill summary.

    Click here for the full bill text.

    “We support the creation of tax incentives designed to boost the potential of all small businesses, but we’re particularly encouraged to see legislation that would help support historically underserved businesses—those owned by women and minorities,” said John Arensmeyer, Founder and CEO of Small Business Majority. “Our research consistently finds that many types of small businesses struggle to access the capital they need to grow, but small firms owned by women and minorities are most likely to experience funding challenges. Policies like the tax credits proposed by Senator Wyden and Representative Chu are critical to ensuring a level playing field so that more entrepreneurs have the chance to succeed.”

    “As an organization that represents thousands of women owned small businesses across the country the Main Street Alliance is proud to endorse the PROGRESS Act,” said Richard Trent, Executive Director of Main Street Alliance. “Still too many barriers exist for entrepreneurs to start and grow their small business. During the past four years 19 million new small businesses were founded, unleashing the creativity, drive and contributions of people willing to take a risk on the American dream. By providing a critical first employee credit these businesses will be more likely to expand, and thrive.”

    “I am encouraged by the introduction of the Progress Act which will empower small businesses to create more jobs by offering tax credits for hiring and incentivizing investment,” said Anne Zimmerman, Co-Chair of Small Business For America’s Future. “Small Business for America’s Future has long championed thinking outside the box on incentives that support small businesses, and this legislation represents an innovative approach to strengthening America’s true economic engine: small business owners. We’ve heard countless stories of small business owners wanting to expand but hit a wall because of limited to no access to capital, which is the lifeblood of any growing business. The Progress Act is the type of smart policy we need to create more opportunities for Main Street businesses to help us grow, innovate and compete in today’s market.”

    “The PROGRESS Act is a crucial step forward in creating new opportunities for Asian American and Pacific Islander (AAPI)-owned businesses to gain access to capital,” said Chiling Tong, President and CEO of National Asian Pacific Islander American Chamber of Commerce (National ACE). “Many AAPI-owned businesses, particularly start-ups, face unique barriers to capital, including language barriers, lack of awareness, or lack of relationships with lending institutions. By providing tax credits for investors in these businesses, this legislation opens up critical financial resources that will help AAPI entrepreneurs grow their businesses, create jobs and support their communities. Congresswoman Chu is a longtime champion of the AAPI small business community, and we applaud her continued commitment to addressing the unique barriers faced by AAPIs and ensuring that AAPI entrepreneurs have access to opportunities.”

    MIL OSI USA News

  • MIL-OSI: MEF Names Finalists for 2024 NaaS Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) — MEF, a global industry association of network, cloud, security, and technology providers accelerating enterprise digital transformation, announced finalists today for its 2024 Network-as-a-Service (NaaS) Excellence Awards. MEF’s award program recognizes achievements of service providers, technology providers, and professionals pioneering the future of digital services delivered across an ecosystem optimized for a cloud-like experience for today’s enterprise. Winners will be recognized at MEF’s Global Networking-as-a-Service Event (GNE), held Oct 28-30 in Dallas, Texas.

    Award finalists were selected based on rigorous criteria by an esteemed panel of senior industry analysts from ACG Research, Analysys Mason, Appledore Research, Atlantic ACM, AvidThink, Dell’Oro Group, Frost & Sullivan, IDC, Omdia, TeleGeography, and Vertical Systems Group.

    2024 MEF Excellence Awards Finalists

    The Service Provider category includes awards for NaaS Service Provider of the Year, Best NaaS Vision, MEF 3.0 Carrier Ethernet Service Provider of the Year, SASE Service Provider of the Year, SD-WAN Service Provider of the Year, Service Automation Leadership, and Best Services Ecosystem Automation Platform. Finalists are:

    AT&T
    CMC Networks
    Cirion Technologies
    Colt Technology Services
    Comcast Business
    Console Connect
    Equinix
    Lumen Technologies
    Orange Business
    Orchest Technologies
    Singtel
    Sparkle
    Tata Communications
    Ufinet
    Verizon Business

    The Technology Provider category includes awards for Network Technology Vendor of the Year, Best NaaS Vision, SASE Vendor of the Year, SD-WAN Vendor of the Year, LSO Solution Provider of the Year, Most Impactful Service Automation Vendor, and Most Innovative Service Automation Vendor. Finalists are:

    Amartus
    Amdocs
    Enxoo
    Fortinet
    insidepacket
    Netcracker Technology
    Palo Alto
    VMware by Broadcom

    Additionally, outstanding individuals will be recognized for exceptional leadership with the Industry Executive of the Year award, and for positive industry impact with the Michael Howard Industry Impact award.

    “MEF’s 2024 NaaS Excellence Awards recognize the outstanding achievements and groundbreaking innovations of visionary companies and individuals driving the evolution of the global automated NaaS ecosystem,” said Nan Chen, Chief Executive Officer, MEF. “The transformative work of this year’s finalists is reshaping our industry. We’re thrilled to recognize these trailblazers and look forward to honoring their accomplishments at our gala awards ceremony during GNE in October.”

    Awards will be presented to all winners during the MEF Excellence Awards gala dinner on Oct 29 at GNE.

    For more information about the awards, please email awards@mef.net. For sponsorship opportunities or to register to attend GNE or the awards gala please visit the GNE webpage.

    About MEF
    MEF is a global consortium of service, cloud, cybersecurity, and technology providers collaborating to accelerate enterprise digital transformation. It delivers standards-based frameworks, services, technologies, APIs, and certification programs to enable Network-as-a-Service (NaaS) across an automated ecosystem. MEF is the defining authority for certified Lifecycle Service Orchestration (LSO) business and operational APIs and Carrier Ethernet, SASE, SD-WAN, Zero Trust, and Security Service Edge (SSE) technologies and services. MEF’s Global NaaS Event (GNE) convenes industry leaders building and delivering the next generation of NaaS solutions. For more information about MEF, visit MEF.net and follow us on LinkedIn and Twitter

    Media Contact:
    Melissa Power
    MEF
    pr@mef.net

    The MIL Network

  • MIL-OSI: Introducing HP Print AI, Industry’s First Intelligent Print Experiences for Home, Office, and Large Format Printing

    Source: GlobeNewswire (MIL-OSI)

    News Highlights

    • Unveils HP Print AI, including intelligent features to simplify and enhance printing from setup to support
    • Launches Perfect Output feature for consistent and accurate prints every time
    • Expands availability of HP Scan AI Enhanced to digitize workflows and help people work smarter
    • Debuts HP Build Workspace, new AI-enabled print collaboration ecosystem for design and construction

    PALO ALTO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Today at HP Imagine, HP Inc. (NYSE: HPQ) unveiled HP Print AI, the industry’s first intelligent print experiences1 designed to change how the world prints. HP Print AI’s features make printing frictionless by eliminating common challenges from printer setup to support. The first feature – Perfect Output – ensures prints look perfect every time and is available today via an exclusive beta program. HP Print AI features also enhance the printing experience at home and at work by unlocking new possibilities for creativity, productivity, and collaboration.

    “We are transforming the printing experience with HP Print AI, making it easier and more intuitive,” said Tuan Tran, HP President of Imaging, Printing, and Solutions. “Introducing AI solutions across our portfolio will simplify printing, ignite creativity, and accelerate collaboration – all while ensuring customer data is protected and kept private. This is our first step in setting a new standard for printing.”

    Delivering Perfect Output
    More than half of print jobs come from web browsers2, including online articles, travel documents, recipes, and how-to guides. However, printing from the web has traditionally yielded unnecessary white space, issues with image size, and inclusion of unwanted web ads. Consumers printing from web browsers have understandably felt frustrated, rating the experience with “strong dissatisfaction” 3.

    Perfect Output bridges the gaps between what people see on the screen and what they intend to print, reformatting and reorganizing content to fit perfectly on the page the first time. Perfect Output can detect unwanted content like ads and web text, printing only the desired text and images, saving time, paper, and ink.

    Messy web browser print layout before using HP Print AI

    Clean, reformatted print options after using HP Print AI

    Spreadsheets are another common print job, and more than half of spreadsheet users report experiencing challenges to make documents print out correctly 4. Perfect Output proactively creates a printable spreadsheet without splitting tables and charts across pages.

    Excel spreadsheet cuts across multiple pages without HP Print AI

    Spreadsheet and graph cleanly reformatted with HP Print AI

    Customizing Support
    HP Print AI will also simplify and tailor support for individual customers. From the moment a customer turns their printer on, intelligent technology anticipates their needs – walking through each step of setup. HP Print AI leverages natural language and contextual awareness, remembering users’ preferences and past questions, so customers receive immediate and customized support whenever they need it.

    Personalizing Experiences
    With HP Print AI, customers can easily transform photos into creative projects. Using simple conversational prompts, HP Print AI can seamlessly integrate unique layouts, custom styles, and fonts to personalize greeting cards for every occasion. HP Print AI also corrects common print errors by automatically upscaling images and removing unwanted objects.

    Once the design is ready, customers can choose to print or explore a curated list of partners that offer unique photo printing capabilities, gift certificates to be printed on the card, and so much more.

    Collaborating Seamlessly
    For the commercial market, HP announced the expanded availability of HP Scan AI Enhanced. This cloud-based, AI-driven solution automatically recognizes the type of documents being scanned and extracts key information based on the customer’s specific business needs. By reducing manual steps and data entry, this solution saves time and money for SMB and enterprise customers. For instance, a major retail group with 300 locations in Italy saw an 80% reduction in labor costs after implementing HP Scan AI Enhanced in its delivery and inventory workflow 5.

    HP is also extending AI capabilities to vertical industries, starting with design and construction, an industry lagging behind in using technology to deliver productivity improvements 6. HP’s new Build Workspace enables design and construction professionals to easily create and organize site observations, facilitate collaboration, and automate tasks such as field reports. By automating time-consuming tasks, HP Build Workspace drives efficiency and collaboration among professionals in the architecture, engineering, and construction (AEC) field. Key features such as site capture, AI vectorization, and continuous feedback empower AEC professionals to streamline their workflows and optimize designs. The collaboration hub, HP Build Workspace, allows AEC professionals to access projects on desktop or mobile devices.

    Availability

    • HP Print AI is available today, starting with an exclusive beta delivering the Perfect Output feature to select print customers. HP intends to continue launching HP Print AI capabilities throughout 2025.
    • HP Build Workspace is available today, with HP Print AI capabilities also in beta in the US and Europe, scaling to the UK and Ireland soon, with expected worldwide rollout starting Spring 2025.
    • HP Scan AI Enhanced is a software service available today in North America, most of Europe and Latin America, and in parts of Asia.

    More information on today’s news at HP Imagine can be found here.

    ABOUT HP
    HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com.

    1. Based on HP’s internal analysis of intelligent solutions meeting the criteria of artificial intelligence, having a print platform, and covering scope of home, office and large format printing, as of September 2024
    2. Print Telemetry Data from Microsoft
    3. –62 Net Promoter Score (NPS) for strong dissatisfaction
    4. HP Research: Excel AI Print Add-In, July 2024
    5. Based on HP client use case, June 2023
    6. McKinsey Report: Delivering on construction productivity is no longer optional, August 2024

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/9cedbace-5799-4efb-a2da-526a418476cd
    https://www.globenewswire.com/NewsRoom/AttachmentNg/fafd7c20-abaf-413f-b0b8-9b7863aa3490
    https://www.globenewswire.com/NewsRoom/AttachmentNg/decb99ba-962e-4180-bab3-85fe1621e576
    https://www.globenewswire.com/NewsRoom/AttachmentNg/92e3b40b-c748-4dae-a41d-42e41d153e92

    The MIL Network

  • MIL-OSI Global: Can cryptocurrencies ever be green?

    Source: The Conversation – UK – By Jean Bessala, Lecturer in Finance, Salford Business School, University of Salford

    Mabeline72/Shutterstock

    Cryptocurrencies have been condemned over their environmental record at a time when
    traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be until crypto earns its green credentials?

    Green investments are assets like bonds that pay for projects with positive environmental and social outcomes. Green bonds for example, contribute to cuts in greenhouse gas emissions, an increase of renewable energy capacity and uptake in clean transport infrastructures.

    Crypto investments on the other hand are widely seen as environmentally unfriendly, mainly because of crypto mining and the huge energy it demands. Mining in the context of crypto refers to a mechanism called “proof of work” (POW) where crypto “miners” use specialised computers to solve complex mathematical equations to secure transactions and create new coins. This is where the energy use comes in.

    Agencies and organisations like the International Energy Agency and the United Nations have raised concerns about the effects of crypto mining – particularly Bitcoin, the best-known crypto asset.

    The environmental footprint of crypto

    The United Nations University Institute for Water, Environment and Health estimated that in 2020-2021, Bitcoin networks had significant carbon, water and land footprints. Bitcoin’s carbon footprint was equivalent to burning 38 billion tonnes of coal, while its water footprint (mainly used for cooling systems) would have met the domestic water needs of more than 300 million people in sub-Saharan Africa.

    The Cambridge Blockchain Network Sustainability Index puts the electricity consumption of Bitcoin networks above those of several developed countries, including Norway and Sweden. For investors who are serious about achieving ESG goals, this aspect of crypto would likely be a deal-breaker.

    It is also made difficult by the lack of regulations around crypto activities. After years of being on the fringes of financial markets and being considered a “get-rich-quick” venture, crypto investments are becoming mainstream. But there is still little regulation to protect investors and ensure participants adopt practices that are in line with ESG values.

    Sceptics point out the major issues plaguing these markets including the use of cryptocurrencies and platforms for money-laundering, scamming, and price manipulation.

    So it is certainly hard to make a green case for crypto. But at the same time, it would be misleading to look only at one side of the coin. The fact is that crypto has a challenging but reachable path towards being widely accepted as green.

    Decarbonising the crypto industry

    First and foremost, the industry itself has recognised the need to change practices and processes to become more sustainable. In 2021, a significant number of players in the crypto industry signed the crypto climate accord (CCA) with the long-term target of decarbonising the global crypto industry by 2040.

    The CCA set two interim objectives. The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. The second aim states that signatories should achieve net-zero emissions from electricity consumption by 2030.

    Recent developments in technology suggest the industry has started putting plans into action, with the appearance of sustainable tools and infrastructures.

    Several companies such as Mara and Argo are working on technologies like energy-efficient immersion cooling systems that significantly reduce the energy consumption required for mining.

    When cryptocurrency Ethereum changed its processes, it cut its energy use by close to 100%.
    rafapress/Shutterstock

    These companies are also developing systems that can recycle heat produced by digital assets and from data centres, and redirect it to provide energy to communities. The implementation of these technologies is facilitated by the relative mobility of crypto miners and the opportunities that some governments and regions offer to them.

    In addition, the crypto industry has seen the emergence of self-proclaimed environmentally friendly cryptocurrencies, such as Cardano public blockchain and Powerledger. These currencies use a less energy-intensive mechanism called “proof-of-stake” (POS) rather than POW.

    Unlike POW, POS miners must stake their holdings (the amount of cryptocurrency) when validating and verifying transactions and records. So if a miner tries to falsify records, they could potentially lose their stake. The process removes the need for the complex computer calculations and so cuts the energy use dramatically. In fact, in 2022, the cryptocurrency Ethereum transitioned from POW to POS, reducing its energy consumption by nearly 100%.

    The path towards green crypto is being eased by institutions like the Financial Stability Board, which is taking steps to provide frameworks for understanding, compliance and achievements of ESG goals and values.

    Together, these elements could open the door to a future where conscious investors can take a chance on cryptocurrencies.

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

    ref. Can cryptocurrencies ever be green? – https://theconversation.com/can-cryptocurrencies-ever-be-green-238359

    MIL OSI – Global Reports

  • MIL-OSI USA: DURING NATIONAL RECOVERY MONTH, CONGRESSMAN PAT RYAN DELIVERS $1.25 MILLION TO COMBAT YOUTH DRUG USE, CRACKDOWN ON FENTANYL IN HUDSON VALLEY COMMUNITIES

    Source: United States House of Representatives – Congressman Pat Ryan (New York 18th)

    During National Recovery Month, Congressman Pat Ryan Delivers $1.25 Million to Combat Youth Drug Use, Crackdown on Fentanyl in Hudson Valley Communities

    Ryan secured $625,000 for the Alcohol and Drug Awareness Council of Orange County’s Tri-County Prevention Coalition and $625,000 for The Council on Addiction, Prevention, and Education of Dutchess County, Inc. to implement comprehensive strategies and programming to combat youth drug use over the next five years, including keeping out deadly fentanyl 

    WASHINGTON DC –  Today, Congressman Pat Ryan secured $1.25 million in federal Drug Free Community (DFC) funding to combat youth drug use in Orange and Dutchess County communities. Ryan delivered $625,000 for the Alcohol and Drug Awareness Council (ADAC) of Orange County’s Tri-County Prevention Coalition (TCPC) and $625,000 for The Council on Addiction, Prevention, and Education of Dutchess County, Inc. to implement comprehensive strategies and programming to combat youth drug use over the next five years. Each coalition will receive $125,000 per year for the next five years. The funding comes during this month’s National Recovery Month that promotes awareness of drug addiction prevention, treatment, and recovery. Last year, Ryan secured $125,000 in DFC funding for the Warwick Valley Prevention Coalition to combat youth addiction in the Warwick Valley Central School District. 

    “Addiction is tearing Hudson Valley families apart and stealing the bright futures of our kids with gut-wrenching frequency. I’m pushing to end that vicious cycle,” said Congressman Pat Ryan. “During National Recovery Month, I’m proud to deliver this crucial funding that will help prevent Hudson Valley youth from ever falling into the spiral of addiction and keep deadly fentanyl out of our communities. I look forward to continuing to work with community partners and local officials as we fight to end youth drug use.” 

    “The Northern Dutchess Community Coalition (NDCC), and its fiscal agent the Council on Addiction Prevention and Education (CAPE) of Dutchess County, are eager to enhance our work after securing a five-year continuation of the federal Drug-Free Communities (DFC) grant,” said Dana Nalbandian, Interim Agency Director and Staff Accountant for the Council on Addiction Prevention and Education of Dutchess County, Inc. “The new funding will help the coalition expand its use of evidence-based prevention practices, increase public awareness of substance use trends, and continue efforts to prevent and reduce underage drinking, vaping, and the use of marijuana and other drugs. The coalition also aims to enhance the well-being of local youth and families through strong community bonds, collective action, and advocacy for policy change.”

    “Research shows that PREVENTION is the most effective tool we have to reduce the consequences associated with underage drinking and drug use among young people,” said Alayne Eisloeffel, Program Director and Project Coordinator for TCPC. “This funding will allow the Tri-County Prevention Coalition to better engage and involve the community to steer more young people toward success and enable them to live healthier and safer lives.”

    Congressman Ryan secured the $1.25 million in funding from the Fiscal Year 2024 White House Office of National Drug Control Policy’s Drug-Free Communities Support Program grants, in cooperation with the Centers for Disease Control and Prevention. In 2023, Ryan secured $125,000 for the Warwick Valley Prevention Coalition from the same program.

    With the funding, the Council on Addiction, Prevention, and Education of Dutchess County, Inc.’s Northern Dutchess Community Coalition looks to establish and strengthen community collaboration in support of local efforts to prevent youth substance use. The coalition will achieve its goals by implementing strategies that focus on youth alcohol use, tobacco and marijuana use, the opioid epidemic, increased community awareness, greater access to information, and infrastructural and policy reforms promoting a drug-free lifestyle. The Coalition serves Amenia, Rhinebeck, Red Hook, Barrytown, Millerton, Hyde Park, Millbrook,  Annandale-on-Hudson, Pleasant Valley and Pine Plains, New York. This area encompasses a

    population of 65,282 residents. 

    The Alcohol and Drug Awareness Council (ADAC) of Orange County’s Tri-County Prevention Coalition plans to use the $625,000 in funding to establish and strengthen community collaboration in support of local efforts to prevent youth substance use. The coalition will achieve its goals by implementing these strategies: 

    • Mobilizing key adult and youth stakeholders to challenge and address risk factors of community norms around substance use, low perception of risk, and easy access to substances by promoting and rewarding healthy choices and lifestyles
    • Increasing protective factors of opportunities and rewards for prosocial involvement and social skills by supporting and expanding inclusive prevention programs and clubs in and out of schools
    • Enhancing skills to identify and address local conditions contributing to youth substance use
    • Supporting policies/laws that reduce access to alcohol and marijuana by minors, and increasing opportunities for youth to engage in needs assessment and strategic planning  activities, act as role models, and provide leadership around substance abuse prevention.

    The Tri-County Prevention Coalition will specifically work to address underage drinking and marijuana use among youth through environmental strategies. The coalition includes diverse representation from all sectors of the community, including the Pine Bush Central School District, Town of Wallkill and Town of Crawford Police Departments, the Towns of Wallkill and Crawford, the Pine Bush Chamber of Commerce, The Alcohol and Drug Awareness Council (ADAC) of Orange County, Wallkill East Rotary, Mid-Hudson Prevention Resource Center, STOP-DWI of Orange County, POW’R Against Tobacco, Orange County Department of Mental Health, local hospitals, parents, business owners, and students. Its mission is to engage collaborative partners in the planning, implementation, and evaluation of strategies that prevent youth substance use. 

    Congressman Pat Ryan has delivered major investments to combat drug trafficking and use in Hudson Valley communities, including $400,000 for the Ulster County Sheriff’s Office crisis intervention ORACLE team that tackles drug trafficking, addiction, and the overdose epidemic in Ulster County. Ryan has repeatedly called for increased funding to address drug trafficking and use, in particular the opioid and fentanyl crisis currently gripping Hudson Valley communities. He cosponsors the Stop Chinese Fentanyl Act and the END FENTANYL Act and has demanded that any comprehensive border security legislation must include funding and provisions to stop the flow of fentanyl across the southern border. Congressman Ryan introduced the Public Safety and Community Support Act to use Byrne-JAG funds for deflection and pre-arrest diversion programs to help local law enforcement combat drug addiction

    A key component of Congressman Ryan’s recently introduced Youth Agenda is preventing youth drug use and addiction. Ryan is a member of both the Congressional Dads Caucus and the Bipartisan Addiction and Mental Health Task Force. Ryan cosponsors the Elementary and Secondary School Counseling Act and the Mental Health Services for Students Act to make mental healthcare more accessible for youth, as well as the Substance Use Disorder Workforce Act to bolster the mental healthcare workforce to treat drug addiction. 

    ###

    MIL OSI USA News

  • MIL-OSI Canada: Canadian Space Agency astronaut Jeremy Hansen to visit Winnipeg and Montreal

    Source: Government of Canada News

    Media advisory

    Longueuil, Quebec, — From to , Canadian Space Agency (CSA) astronaut Jeremy Hansen will be in Winnipeg to talk about the Artemis II mission, during which he will become the first Canadian to fly around the Moon. After that, he will be in the Montreal area on .

    He will speak to students, give presentations to the public, and grant media interviews.

    Journalists who wish to attend one of the events listed below or request an interview with CSA astronaut Jeremy Hansen are asked to contact the Media Relations Office.

    Winnipeg

    Time What Where
    12:30 p.m. CT Presentation to 350 members of the Winnipeg Chamber of Commerce and to students at the RBC Convention Centre RBC Convention Centre
    375 York Ave.
    Winnipeg, Manitoba
    R3C 3J3
    7:00 p.m. CT Presentation to the general public (about 200 people) at the Manitoba Museum Manitoba Museum
    190 Rupert Ave.
    Winnipeg, Manitoba
    R3B 0N2
    Time What Where
    2:00 p.m. CT Presentation to the general public (150 to 175 people) at the Royal Aviation Museum of Western Canada Royal Aviation Museum of Western Canada
    2088 Wellington Ave.
    Winnipeg, Manitoba
    R3H 1C5

    Montreal

    Time What Where
    10:20 a.m. CT Presentation to 100 students at Cedar Street School Cedar Street School
    250 Cedar St.
    Belœil, Quebec
    J3G 3M1

    Additional information

    – 30 –

    Contact information

    Canadian Space Agency
    Media Relations Office
    Telephone: 450-926-4370
    Website: www.asc-csa.gc.ca
    Email: asc.medias-media.csa@asc-csa.gc.ca
    Follow us on social media

    MIL OSI Canada News

  • MIL-OSI United Kingdom: Front Street improvement works to get underway next month

    Source: City of York

    Published Tuesday, 24 September 2024

    Work to improve Front Street will start next month after designs shaped by the community were approved at a decision session earlier today (24 September).

    A drop-in session is being held on Thursday 26 September at the Gateway Centre from 3pm to 6pm with residents and businesses invited to meet the team and find out about what’s happening and when.

    Councillor Pete Kilbane, Deputy Leader of City of York Council and Executive Member for Culture and Economy said:

    This is a significant step forward and I want to thank everyone in the community, and the Council teams, who have helped us to get this far.

    “We need to move at pace as the UK Shared Prosperity Funding stipulates that the cash must be spent by the end of March 2025. This is funding awarded specifically for the regeneration of our local high streets and we are not allowed to spend it on anything else, such as fixing potholes. So, it’s a case of use it on this scheme, or lose it.

    “I encourage everyone who is interested in the project to pop into the session at the Gateway Centre on Thursday 26 September any time between 3pm to 6pm. As we have already demonstrated, we will continue to work with the community. With construction starting next month we’ll work with local businesses and residents to support them while we make the changes to the area.

    “Of course, Front Street remains open for trade while the improvements take place, and I would urge everyone to support the fantastic businesses located there and keep on using Acomb and Westfield’s main shopping street throughout the works.

    “We thank everyone for their patience while we carry out these important improvements. I can’t wait to see the difference these changes will make to an area that is already on the up.”

    In October 2023, the council’s Executive approved £570,000 of UK Shared Prosperity Fund (UKSPF) money for phase 2 improvements to Front Street in Acomb. Earlier this year, residents, visitors, businesses and other stakeholders were invited to share their priorities and provide feedback on ideas for phase 2. This process received 900 individual responses and over 5,000 comments.

    The work will bring about significant changes to the area following feedback from the local community with:

    • An increased ability to hold events and community activities, including with new electrical point being installed. Carriageway resurfacing and the ability to close the road will also help create a more friendly space.
    • Wider and more accessible pedestrian crossings, including creating a new central space in the main shopping area and a new pedestrian crossing near Morrisons.
    • Around two thirds of the bollards being removed. Any bollards that are removed will be saved and used on other projects as needed.
    • Clearly marked, accessible Blue Badge car parking in four locations, supported by enforcement to prevent the misuse of these spaces.
    • More seating, bins, a community notice board and planting in the main shopping area and welcoming entrance points.
    • On top of the construction works taking place in the coming months feasibility study will be carried out to look at pedestrianising the area in the future and the council is working to commission a community mural from a professional artist.

    Businesses will be open as usual and the council is working to support them with deliveries.

    • Cross Street will be closed from 4-15 November between 7.30am and 4pm to allow for the Blue Badge spaces to be created there.
    • 19 and 20 November Cross Street will be closed all day for resurfacing work.
    • Front Street will be closed to vehicles from 7 October for up to four weeks while work to install the wider crossings takes place.
    • 19 and 22 November Front St will close again to vehicles for resurfacing works.

    ENDS

    Details of the upcoming road closures

    Road Closure

    Hours of closure

    Dates

    Work

    Front Street

    24hrs

    7 October – 1 November

    7.00am and 10.30 am on weekdays only traffic ambassador on site to support delivery vehicles to turn

    Construction of new wide crossing points

    Front Street

    24hrs

    19 Nov – 22 Nov

    Carriageway resurfacing

    Cross Street

    7.30am -4.00pm

    4 Nov- 15 Nov

    York Road layby works, new BB parking Spaces (civils)

    Cross Street

    24hrs

    19-20 Nov

    Carriageway resurfacing

    Public toilets closed no access.

    MIL OSI United Kingdom

  • MIL-OSI USA: Help Remains After Disaster Recovery Centers and FEMA Registration Period Close

    Source: US Federal Emergency Management Agency

    Headline: Help Remains After Disaster Recovery Centers and FEMA Registration Period Close

    Help Remains After Disaster Recovery Centers and FEMA Registration Period Close

    Cape Girardeau, MO – FEMA’s Sept. 23 registration deadline has passed. State/federal Disaster Recovery Centers have closed. Now what do you do if you still need help with your FEMA case? 

    “We’re just a phone call away,” says David Gervino, FEMA Federal Coordinating Officer. “FEMA has a helpline staffed with operators who can provide the status of your case once you have applied, update your case with new information, help you understand your grant award or explain how to appeal a FEMA decision.” 

    The FEMA Helpline is a free call and available daily from 7 a.m. to 10 p.m. local time. There is no limit to the number of times you can call the Helpline. Translators are available to assist those who speak limited or no English.

    “We know that some Missourians have just recently applied for assistance just ahead of the September twenty-third deadline,” Gervino added. “Please be assured that we will continue to work on your case past that deadline until we have provided all the assistance for which you are eligible. The important thing is that you stay in touch with FEMA while you work through your recovery.” 

    While FEMA funds can be used for many essential recovery needs, they generally will not pay for all disaster-related expenses a survivor incurs. Many other government and voluntary agencies have resources that can help with those costs too. 

    Other Helpful Numbers: 

    Missouri 2-1-1 

    • Hotline run by the United Way that can refer callers to a multitude of agencies and/or organizations to get help with other unmet needs. To access, dial 2-1-1.

    Disaster Legal Services: 1-800-829-4128  

    • Messages can be left around the clock. The service is available until further notice.
    • Callers can receive help with legal issues including the following:
    • FEMA, U.S. Small Business Administration and other public assistance financial benefits including disaster unemployment insurance claims    
    • Price-gouging, scams, or identity theft
    • Home repair contracts and property insurance claims
    • Mortgage-foreclosure and home-ownership issues 
    • Landlord/tenant problems
    • Replacement of wills and other vital documents destroyed in the storms
    • Disability-related access to federal, state and local disaster programs.
    •  

    For more information about available legal services and resources in Missouri, go online to: www.Missourilawyershelp.org.

    The U.S. Small Business Administration (SBA) Customer Service Center: 1-800-659-2955              

    • 8 a.m. to 8 p.m. Eastern Time, Monday through Friday. For those who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.
    • SBA offers which offers low-interest disaster loans to eligible applicants, has a Customer Service Center that can answer questions and assist with SBA applications. 
    • Email support also is available at disastercustomerservice@sba.gov. Applicants can access their SBA lending portal by visiting https://lending.sba.gov 
    • The Economic Injury Disaster Loan application deadline for businesses and nonprofit organizations is April 23, 2025. 

    Disaster Distress Helpline: 1-800-985-5990 

    • 24 hours/7 Days a Week
    • Free, confidential crisis/mental health support for those impacted by a disaster. Multilingual. You can remain anonymous. 

    For more disaster-related information and/or to learn how to be better prepared for emergencies, visit the Missouri State Emergency Management Agency online at www.sema.dps.mo.gov or FEMA at www.fema.gov. Disaster-specific information can be found at www.fema.gov/disaster/4803. 

    FEMA is committed to ensuring disaster assistance is accomplished equitably, without discrimination on the grounds of race, color, national origin, sex, sexual orientation, religion, age, disability, English proficiency, or economic status. Any disaster survivor or member of the public may contact the FEMA Office of Civil Rights if they feel that they have a complaint of discrimination.  FEMA’s Office of Civil Rights can be contacted at FEMA-CivilRightsOffice@fema.dhs.gov or toll-free at 833-285-7448. Multilingual operators are available. 

    martyce.allenjr

    MIL OSI USA News

  • MIL-OSI: Aptean Empowers Snack Connection B.V. With Cloud-Based ERP Solution Set

    Source: GlobeNewswire (MIL-OSI)

    ALPHARETTA, Ga., Sept. 24, 2024 (GLOBE NEWSWIRE) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced its recent collaboration with Snack Connection B.V., a prominent private label manufacturer of nut blends, seeds and sweet fruits in the Netherlands. The deal marks a significant step forward for the Dutch company as it embarks on a journey towards modernizing its business operations.

    Snack Connection, founded in 2010, has quickly established itself as a successful player in the European market, delivering high-quality products to various European retailers. The business differentiates itself by a wide variety of products, innovative packaging and an individual customer approach that ensures quick action and response. With a client-centric mindset and commitment to innovation and efficiency, the company sought a robust software solution to replace its current ERP system and drive operational excellence across two production sites in Giessen and Bergschenhoek, Netherlands.

    Recognizing the need for a transformative solution, Snack Connection selected the cloud-based Aptean Food & Beverage ERP, alongside Aptean Patch OEE and Aptean Business Intelligence, to streamline processes and enhance decision-making capabilities. The comprehensive suite of software solutions offered by Aptean aligns seamlessly with Snack Connection’s vision for a data-driven, paperless organization. Renowned for its maturity and comprehensive support, the software provides the company with essential features such as multiple location management, traceability functionalities and allergen registration, along with the ability to optimize production efficiency and gain valuable insights for informed decision-making.

    “Aptean’s solution suite is an all-in-one package with all the food-specific functionality we need. We believe we can benefit from this by standardizing our processes, based on the best practices on which the software is built,” said Martijn van Gink, ICT Manager at Snack Connection. “The decision to partner with Aptean was driven by our desire to modernize our operations and achieve greater efficiency. Aptean’s proven track record in the food and beverage industry, coupled with their commitment to understanding our unique needs and local business culture, made them the clear choice for us.”

    By standardizing processes and embracing cloud technology, Snack Connection anticipates shorter training periods for new hires and enhanced cybersecurity practices. Aptean’s local leadership and dedication to understanding Snack Connection’s business culture have further solidified the partnership, ensuring a smooth transition to the new software environment.

    “At Aptean, we believe that success is built on strong partnerships and a deep understanding of our customers’ businesses. We look forward to supporting Snack Connection as they leverage our industry-leading ERP solution to streamline operations, drive growth and maintain a competitive edge in today’s dynamic Food & Beverage market,” said Duane George, President EMEA and APAC at Aptean.

    About Snack Connection
    Snack Connection is a relatively young (established 2010) Dutch company specialized in purchasing, processing, mixing and packing nuts, kernels, seeds, subtropical fruits and related products. By means of two modern production facilities, located in Giessen and Bergschenhoek (Netherlands) and more than 150 dedicated and professional employees, Snack Connection has proven to be a reliable and flexible partner for several European retailers, B2B and Out of Home clients. Discover more about our passion for snacking excellence at www.snackconnection.nl.

    About Aptean 
    Aptean is a global provider of industry-specific software that helps manufacturers and distributors effectively run and grow their businesses. With rapid deployment, Aptean’s solutions and services help businesses of all sizes to be Ready for What’s Next, Now®. Aptean is headquartered in Alpharetta, Georgia and has offices in North America, Europe and Asia-Pacific. To learn more about Aptean and the markets we serve, visit www.aptean.com

    Aptean and Ready for What’s Next, Now are Registered Trademarks of Aptean, Inc. All other company and product names may be trademarks of the respective companies with which they are associated. 

    For Media Inquiries Please Contact
    MediaRelations@Aptean.com

    The MIL Network

  • MIL-OSI Translation: UNGA, President Meloni meets with Turkish President Erdoğan

    MIL OSI Translation. Region: Italy –

    Source: Government of Italy

    The Prime Minister, Giorgia Meloni, met, on the sidelines of the high-level week of the 79th United Nations General Assembly, the President of Turkey, Recep Tayyip Erdoğan.

    At the heart of the meeting, in addition to the increasingly difficult situation in the Middle East, was the shared commitment to supporting the territorial integrity of Ukraine and to seeking a just and lasting peace.

    Regarding the debate on the reform of the Security Council, the two Leaders reaffirmed their common commitment within the context of the “United for Consensus” group to support a solution inspired by the principles of equality, democracy and representativeness which therefore excludes the creation of new permanent seats.

    On the bilateral front, the common will to convene a Summit between the two Governments and a “Business Forum” as soon as possible was reaffirmed in order to further strengthen the bilateral relationship.

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

    MIL Translation OSI