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Category: CTF

  • MIL-OSI New Zealand: Landlord govt finds new way to undermine public housing

    Source: Green Party

    Proposed cuts to Kāinga Ora reflect a failure to fully commit to fixing the housing crisis.

    “The Government is undermining public housing and intentionally aggravating the housing crisis to benefit a privileged few at the expense of everyone else,” says the Green Party’s Housing spokesperson Tamatha Paul. 

    “Housing is a human right. Public housing has always been an important safety net for some of the most marginalised people in our communities. Public housing can help to insulate against the uncertainty and unaffordability of private rental housing and ensure that people don’t fall through the cracks and into homelessness and poverty.

    “However, this Government would rather treat housing as a business opportunity, rather than the human right that all people rely upon. They have delayed over 300 public housing projects around the country so that house prices and rents continue to rise, and landlords continue to cash in on people’s need to survive.

    “The current Government has shown little interest or ambition in building public housing. Kāinga Ora has been clear that these cuts are a result of them planning to build less housing at a time where more than 20,000 people across the country are waiting for a public home to become available.

    “These cuts will do nothing to bolster our public housing stock and address Aotearoa’s severe shortage of homes. This is a significant step backwards. 

    “As a country we must rise to the challenge of addressing the housing crisis which has left so many New Zealanders struggling for a place to live. It requires commitment to public housing as a means to end homelessness and guarantee everyone a warm and secure place to live.

    “The Government must commit to an ambitious public housing programme. We have demonstrated how it would be possible to clear the public housing waitlist by building 35,000 new healthy, affordable, public houses over the next five years.

    “The Government must commit to building more homes, not just lining the pockets of landlords,” says Tamatha Paul. 

    MIL OSI New Zealand News –

    September 29, 2024

  • MIL-OSI New Zealand: Progress on Crown Minerals is a step toward prosperity

    Source: ACT Party

    The first reading-passage of the Crown Minerals Amendment Bill is a step toward prosperity, says ACT Energy and Resources spokesman Simon Court.

    The Bill delivers on ACT coalition commitments to repeal the ban on offshore oil and gas exploration and promote the use of Crown minerals.

    “Taking full advantage of the mineral resources at our disposal will boost foreign investment, create high-paying jobs, and offer hope to young people looking to remain in New Zealand for work and family,” says Mr Court.

    “Restoring oil and gas exploration is a crucial step to deliver energy security. A high-wage economy depends on affordable and reliable energy. We came far too close to blackouts this winter, and ACT is determined to restore energy security so homes stay heated and factories keep running.

    “We support oil and gas exploration so the Greens can have jet fuel for the planes they fly to Parliament. We support mining for the minerals in iPhones so Greenpeace can livestream their protests. Above all, we support harnessing the untapped wealth beneath our feet so New Zealanders can prosper and enjoy happier, warmer lives.”

    MIL OSI New Zealand News –

    September 29, 2024

  • 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 –

    September 29, 2024

  • MIL-OSI New Zealand: Fatal Crash, Galloway Street, Hamilton East

    Source: New Zealand Police (District News)

    One person has died following a crash involving one vehicle at the intersection of Galloway Street and Albert Street, Hamilton East.

    Emergency services responded around 12:15pm.

    One person was located deceased at the scene.

    The Serious Crash Unit was advised.

    Enquiries into the circumstances of the crash are ongoing.

    ENDS

    Issued by Police Media Centre 

    MIL OSI New Zealand News –

    September 29, 2024

  • 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

    September 29, 2024

  • MIL-OSI: BGHL (EUR): NAV(s)

    Source: GlobeNewswire (MIL-OSI)

                                          BOUSSARD & GAVAUDAN HOLDING LIMITED

    Ordinary Shares

    The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company.

    Close of business 24 Sep 2024.

    Estimated NAV

      Euro Shares Sterling Shares
    Estimated NAV €    28.5679 £    25.6374
    Estimated MTD return     -0.53 %     -0.36 %
    Estimated YTD return      3.70 %      4.34 %
    Estimated ITD return    185.68 %    156.37 %

    NAV and returns are calculated net of management and performance fees

    Market information

    Euro Shares Amsterdam (AEX) London (LSE)
    Market Close €    27.40 N/A
    Premium/discount to estimated NAV     -4.09 % N/A
         
    Sterling Shares Amsterdam (AEX) London (LSE)
    Market Close N/A GBX 2,360.00
    Premium/discount to estimated NAV N/A     -7.95 %

    Transactions in own securities purchased into treasury

    Ordinary Shares Euro Shares Sterling Shares
    Number of shares N/A N/A
    Average Price N/A N/A
    Range of Price N/A N/A

                                               

    Liquidity Enhancement Agreement Euro Shares Sterling Shares
    Number of shares N/A N/A
    Average Price N/A N/A

    BGHL Capital

    BGHL Ordinary Shares Euro Shares Sterling Shares
    Shares Outstanding   12,299,516      123,090
    Held in treasury N/A N/A
    Shares Issued   12,299,516      123,090

    Estimated BG Fund NAV

    Class B Euro Shares (estimated) €   258.1153
    Class GBP A Shares (estimated) £   137.3552

    The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL.

    For further information please contact:

    Boussard & Gavaudan Investment Management, LLP.
    Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com

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

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

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

    You should always bear in mind that:

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

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

    Attachment

    • Daily NAV – BgHL

    The MIL Network –

    September 29, 2024

  • MIL-OSI Security: Man jailed for posting and sharing terrorist content online after Counter Terrorism investigation

    Source: United Kingdom London Metropolitan Police

    A 21-year-old man has been jailed for posting and sharing terrorist content online, as a result of a proactive Met Police Counter Terrorism investigation.

    An investigation led by the Met’s Counter Terrorism Command exposed how Ayoub Nacir, 21 (26.07.03) of south-west London, was posting terrorist material on various social media accounts and platforms during the course of 2022 and 2023.

    Nacir was sentenced at Kingston Crown Court on Tuesday, 24 September, to six years and nine months’ imprisonment.

    Acting Commander Gareth Rees, of the Met’s Counter Terrorism Command said: “We’re aware of the significant impact that spreading online terrorist material can have on vulnerable individuals may be at risk of being drawn into terrorism. The work that went into this investigation shows how seriously we take online terrorism, and we will continue to identify those individuals who spread this material online”.

    Online material promoting terrorism or extremism can be reported anonymously via www.gov.uk/report-terrorism

    When officers became aware that Nacir was distributing terrorist-related material online, it led to his arrest and seizure of electronic devices in October, 2023 at his home in south-west London. Officers examined Nacir’s devices, and they found that he had not only shared material that was promoting the terrorist group Daesh, but he also had documents that were likely to be useful to someone committing or preparing an act of terrorism.

    In particular, detectives found he was in possession of documents containing instructions on how to make poisonous or noxious substances capable of endangering health, as well as other files containing practical guidance and advice for people interested in potentially preparing and carrying out terrorist acts.

    Nacir was charged on 27 October, 2023 with five counts of dissemination of a terrorist publication, contrary to section 2 of the Terrorism Act (TACT) 2006, which related to videos he shared. He was also charged with five counts of possession of a document or record for terrorist purposes, contrary to section 58 TACT 2000, which related to various digital documents and files found on his devices.

    Nacir pleaded guilty to eight of the ten counts and was sentenced as above on Tuesday, 24 September. Two counts of dissemination of terrorist publication, will lie on file.

    + Communities defeat terrorism, and information from the public is vital to counter terrorism investigations. If you see or hear something unusual or suspicious and think someone may be engaging in terrorist activity, trust your instincts and act by reporting it in confidence at www.gov.uk/act or call police direct on 0800 789 321.

    In an emergency, dial 999.

    Visit the ACT Early website – www.actearly.uk – to find out how you can seek help and support for anyone who you suspect may be being radicalised.

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI: Sampo plc’s share buybacks 24 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 25 September 2024 at 8:30 am EEST

    Sampo plc’s share buybacks 24 September 2024

    On 24 September 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                

    Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)
      3,541 41.49 AQEU        
      43,470 41.45 CEUX
      1,127 41.51 TQEX
      43,087 41.46 XHEL
    TOTAL 91,225 41.46  

    *rounded to two decimals                

    On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of Sampo plc resolved to increase the share buyback programme to EUR 475 million. The programme, which started on 18 June 2024, is based on the authorisation granted by Sampo’s Annual General Meeting on 25 April 2024.

    After the disclosed transactions, the company owns in total 7,312,345 Sampo A shares representing 1.33 per cent of the total number of shares in Sampo plc, taking the issuance of shares on 16 September 2024 into account.

    Details of each transaction are included as an appendix of this announcement.

    On behalf of Sampo plc,
    Morgan Stanley

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    The principal media
    FIN-FSA
    DEN-FSA
    www.sampo.com

    Attachment

    • Sampo_share_buyback_24_09_2024

    The MIL Network –

    September 29, 2024

  • MIL-OSI Europe: Issue of Confederation bonds on 9th October 2024

    Source: Switzerland – Department of Finance

    Federal Finance Administration

    Bern, 25.09.2024 – Optional auction date will be maintained.

    The Federal Finance Administration will maintain the optional issue date on 9th October 2024. On 8th October it will announce as usual which Confederation bond will be issued.

    Address for enquiries

    Michael Girod, Communications, Federal Finance Administration, tél. +41 58 465 41 41, kommunikation@efv.admin.ch

    Publisher

    Federal Finance Administration
    http://www.efv.admin.ch

    MIL OSI Europe News –

    September 29, 2024

  • MIL-OSI: BGHL (GBP): NAV(s)

    Source: GlobeNewswire (MIL-OSI)

                                          BOUSSARD & GAVAUDAN HOLDING LIMITED

    Ordinary Shares

    The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company.

    Close of business 24 Sep 2024.

    Estimated NAV

      Euro Shares Sterling Shares
    Estimated NAV €    28.5679 £    25.6374
    Estimated MTD return     -0.53 %     -0.36 %
    Estimated YTD return      3.70 %      4.34 %
    Estimated ITD return    185.68 %    156.37 %

    NAV and returns are calculated net of management and performance fees

    Market information

    Euro Shares Amsterdam (AEX) London (LSE)
    Market Close €    27.40 N/A
    Premium/discount to estimated NAV     -4.09 % N/A
         
    Sterling Shares Amsterdam (AEX) London (LSE)
    Market Close N/A GBX 2,360.00
    Premium/discount to estimated NAV N/A     -7.95 %

    Transactions in own securities purchased into treasury

    Ordinary Shares Euro Shares Sterling Shares
    Number of shares N/A N/A
    Average Price N/A N/A
    Range of Price N/A N/A

                                               

    Liquidity Enhancement Agreement Euro Shares Sterling Shares
    Number of shares N/A N/A
    Average Price N/A N/A

    BGHL Capital

    BGHL Ordinary Shares Euro Shares Sterling Shares
    Shares Outstanding   12,299,516      123,090
    Held in treasury N/A N/A
    Shares Issued   12,299,516      123,090

    Estimated BG Fund NAV

    Class B Euro Shares (estimated) €   258.1153
    Class GBP A Shares (estimated) £   137.3552

    The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL.

    For further information please contact:

    Boussard & Gavaudan Investment Management, LLP.
    Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com

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

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

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

    You should always bear in mind that:

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

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

    Attachment

    • Daily NAV – BgHL

    The MIL Network –

    September 29, 2024

  • MIL-OSI New Zealand: Arrest made, drugs seized, Southland

    Source: New Zealand Police (District News)

    Attributable to Detectice Sergeant Mark McCloy, Southern District Organised Crime: 

    Firearms, drugs and items consistent with drug supply have been stripped from a Winton address and a man charged following the execution of a search warrant.

    Detectives from the Southland Organised Crime Group arrested a 28-year-old man and discovered an array of firearms and the Class B drug, MDMA, on Monday 23 September.

    Three firearms which were not being handled in accordance with the firearms licensing regulations, $1,860 dollars in cash, 4.8 grams of MDMA, and items consistent with drug supply were seized.

    The man’s firearms licence has been revoked.

    A 28-year-old man has been remanded in custody due to reappear in the Invercargill District Court, Monday 28 October, on eight drug supply and driving related charges.

    This operation was designed to disrupt one of the sources of illicit drugs in our community. It was concerning to locate firearms being improperly and dangerously held.

    Holding a firearms licence is a responsibility that should not be taken lightly, it is important firearms are kept in safe and secure storage and firearms licence holders are held to a high standard.

    We will continue our work to disrupt unlawful activity in an effort to help our community feel and be safe.

    If you see any suspicious or unlawful activity please don’t hesitate to get in touch with Police, either via 111 if it’s happening now or 105 if it’s after the fact.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

    September 29, 2024

  • MIL-OSI Asia-Pac: FS meets Spanish business leaders

    Source: Hong Kong Information Services

    Continuing his visit to Madrid, Spain, Financial Secretary Paul Chan yesterday spoke at a business lunch, met Spanish officials and visited local enterprises.

    Delivering a keynote speech at a lunch with about 150 leaders from Spain’s business, financial, and innovation and technology sectors, Mr Chan stressed that Hong Kong has restored its global connections following the COVID-19 pandemic, and is eager to deepen co-operation with Spain to deliver mutual benefits.

    With the advantages brought by “one country, two systems”, Hong Kong is solidifying its role as a super-connector, and welcomes Spanish enterprises to use the city as a springboard to tap into the vast markets of the Greater Bay Area, the Mainland, and Asia more broadly, he said.

    He added that through its mutual access schemes with the Mainland’s capital markets, Hong Kong provides a channel through which Spanish companies can easily attract funds.

    Furthermore, as Hong Kong’s green standards are compatible with those of the European Union, green projects in Europe can leverage Hong Kong as a fund-raising platform. Mr Chan elaborated that Hong Kong can also collaborate with Spain’s tech ecosystem across key sectors such as artificial intelligence, biotechnology, fintech, and new energy and new materials.

    In the afternoon, the finance chief met Spanish Secretary of State for Trade Amparo López Senovilla and briefed her on economic developments in Hong Kong. The two officials also held in-depth exchanges on the promotion of economic and trade co-operation and mutual investment.

    Additionally, Mr Chan led a delegation of Hong Kong tech startups on a visit to IMPACT, a Spanish startup accelerator, for an exchange of views on entrepreneurial strategies in the innovation and technology sector. He and the delegation also visited the Spanish telecommunications company Telefónica to learn about its development strategies in 5G telecommunications, the Internet of Things and Web3.0.

    The Financial Secretary was due to continue his stay in Madrid this morning before heading to London in the afternoon.

    MIL OSI Asia Pacific News –

    September 29, 2024

  • 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 –

    September 29, 2024

  • MIL-OSI: RIBER: 2024 first-half earnings

    Source: GlobeNewswire (MIL-OSI)

    2024 first-half earnings

    • Solid half-year revenues growth (+13%)
    • Gross margin up by 21% and operating income at breakeven
    • Net profit of €0.2m despite the lower seasonal revenues
    • Strong increase in order book at June 30, 2024 (+18%), reaching €36.0m
    • Outlook confirmed: revenues exceeding €40m with growth in earnings expected for the full year

    Bezons, September 25, 2024 – 8:00am – RIBER, a global market leader for semiconductor industry equipment, is releasing its earnings for the first half of 2024.

    (€m) H1 2024 H1 2023 Change
    Revenues
    Systems revenues
    Services and accessories revenues    		 13.7
    9.4
    4.3    		 12.2
    8.5
    3.6    		 +13 %
    +10 %
    +19 %
    Gross margin
    % of revenues    		 4.8
    34.8 %    		 3.9
    32.3 %    		 +21 %
    +2,5 pts
    Operating income
    % of revenues    		 (0.0)
    (0.2 %)    		 (1.1)
    (9.3 %)    		 +97 %
    +9,1 pts
    Net income
    % of revenues    		 0.2
    1.2 %    		 (1.2)
    (10.2 %)    		 +113 %
    +11,4 pts

    Key developments

    In the first half of 2024, despite an uncertain macroeconomic environment, RIBER achieved solid business growth. This performance reflects its strong position in the MBE market, driven by a sharp rise in orders during the first half, with 8 systems ordered for both research and industrial production. Additionally, the services and accessories business saw a significant upturn compared to a favourable base.

    Revenues

    In this context, revenues for the first half of 2024 came to €13.7m, up +13% compared with the first half of 2023. Systems revenues increased by +10% to €9.4m, while services and accessories revenues were up by +19% to €4.3m.

    Earnings

    The company points out that first-half earnings cannot be extrapolated over the full year due to the lower seasonality of revenues in the first half.

    The first-half gross margin was €4.8m, representing 34.8% of revenues, compared to 32.3% for the first half of 2023.

    Operating profit improved by €1.1m, reaching breakeven in the first half of 2024.

    Net income was positive at €0.2m, compared to a loss of €1.2m for the first half of 2023. This includes net financial income of €0.2m.

    Cash flow and balance sheet

    At the end of June 2024, the cash position was positive at €7.1m, compared to €9.7m at December 31, 2023, and €8.3m at June 30, 2023.

    Shareholders’ equity at end-June 2024 totaled €19.6m, compared to €21.2m at December 31, 2023, primarily taking into account the half-year earnings and the distribution to shareholders from the issue premium paid out in June.

    Order book

    The order book at June 30, 2024 totaled €36.0m, up +18% compared with June 30, 2023. System orders, amounted to €30.2m (+27%), based on 12 machines, including 7 production machines. Orders for services and accessories (€5.8m) are down -14%.
    This order book does not include the order announced in August 2024 for 1 research machine.

    Outlook

    Given the current orders scheduled for delivery in 2024 and the opportunities for its systems, services and accessories, RIBER expects full-year revenues exceeding €40m, along with further improvements in earnings.

    In a semiconductor market driven by innovation, the company expects new orders in the fourth quarter.

    Next date: 2024 third-quarter revenues on October 30, 2024, before start of trading.

    The condensed consolidated half-year accounts have not been subject to an audit or a limited review by the statutory auditors. They were approved by the Board of Directors on September 24, 2024. The half-year financial report is available in French on the company website (www.riber.com).

    About RIBER

    Founded in 1964, RIBER is the global market leader for MBE – molecular beam epitaxy – equipment. It designs and produces equipment for the semiconductor industry, and provides scientific and technical support for its clients (hardware and software), maintaining their equipment and optimizing their performance and output levels.
    Accelerating the performance of electronics, RIBER’s equipment performs an essential role in the development of advanced semiconductor systems that are used in numerous applications, from information technologies to photonics (lasers, sensors, etc.), 5G telecommunications networks and research, including quantum computing.

    RIBER is a BPI France-approved innovative company and is listed on the Euronext Growth Paris market (ISIN: FR0000075954).
    www.riber.com

    Contacts

    RIBER : Annie Geoffroy| tel: +33 (0)1 39 96 65 00 | invest@riber.com

    CALYPTUS : Cyril Combe | tel: +33 (0)1 53 65 68 68 | cyril.combe@calyptus.net

    Attachment

    • CP_Riber-résultats_S1_2024_E_def

    The MIL Network –

    September 29, 2024

  • 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

    • August 2024 NBPE FactsheetvF
    • NBPE Investor Presentation – September vF

    The MIL Network –

    September 29, 2024

  • MIL-OSI NGOs: Sudan: Pregnant women and children dying in shocking numbers in South Darfur

    Source: Médecins Sans Frontières –

    • A new report by MSF details how women and children are dying of preventable conditions in South Darfur state, as their health needs surpass what MSF can respond to.
    • We call on the UN to act decisively and mobilise a response with all available resources.

    Nyala/ Amsterdam – One of the worst maternal and child health emergencies in the world is unfolding in South Darfur, Sudan, according to a report released by Médecins Sans Frontières (MSF). Pregnant, birthing, and postpartum women, as well as children, are dying from preventable conditions as their health needs far exceed what MSF can respond to.

    Driven to oblivion: the toll of conflict and neglect on the health of mothers and children in South Darfur reveals the number of maternal deaths in just two MSF-supported hospitals in South Darfur between January and August to be more than seven per cent of the total number of maternal deaths in all MSF facilities worldwide in 2023. A screening of children for malnutrition also found rates well beyond emergency thresholds.

    Driven to oblivion: the toll of conflict and neglect on the health of mothers and children in South Darfur pdf — 9.75 MB Download

    For these crises to be addressed, the United Nations (UN) must act decisively to prevent further loss of life in Darfur. The UN must accelerate the return of UN staff and agencies to Darfur and leverage all available resources and political influence to ensure that aid reaches those in need. Only a coordinated international response, supported by robust funding and unyielding pressure on the warring parties, can avert mass starvation and alleviate the suffering of millions.

    “This is a crisis unlike any other I have seen in my career,” says Dr Gillian Burkhardt, MSF sexual and reproductive health activity manager speaking in Nyala, South Darfur. “Multiple health emergencies are happening simultaneously with almost no international response from the UN and others. Newborn babies, pregnant women, and new mothers are dying in shocking numbers. And so many of these deaths are due to preventable conditions, but almost everything has broken down.”

    From January to August in South Darfur, there were 46 maternal deaths in Nyala Teaching and Kas Rural hospitals, where MSF teams provide obstetric care and other services. The scarcity of functioning health facilities and unaffordable transportation costs mean many women arrive at hospital in critical condition. Around 78 per cent of these 46 deaths occurred in the first 24 hours following admission.

    Fatoum Abdelkarim, from Nyala, is in her seventh month of pregnancy. South Darfur, Sudan, September 2024.
    Abdoalsalam Abdallah/MSF

    Share

    Sepsis was the most common cause of maternal death in all MSF-supported facilities in South Darfur. The dearth of functioning health facilities forces women to give birth in unsanitary environments that lack basic items such as soap, clean delivery mats, and sterilised instruments. Without these basic items women are getting infections. And with antibiotics in low supply, they can arrive at a hospital only to be met with no treatment option available.

    “A pregnant patient from a rural area waited two days to collect the money needed to get care,” says Maria Fix, MSF medical team leader in South Darfur. “When she travelled to a health centre, they had no drugs, so she went back home.”

    “After three days, her condition deteriorated but again she had to wait five hours for transportation. She was already in a coma when she reached us,” says Fix. “She died from a preventable infection.”

    The crisis in South Darfur extends to children, with thousands on the brink of death and starvation, while others are dying of preventable conditions. From January to June 2024, 48 newborns died from sepsis in in Nyala Teaching and Kas Rural hospitals, meaning one in five newborns with sepsis did not survive.

    In August, 30,000 children under two-years-old were screened for malnutrition in South Darfur. Of these, 32.5% were found to be acutely malnourished, well beyond the World Health Organization’s emergency threshold of 15%. Furthermore, 8.1% of children screened were severely acutely malnourished.

    Nyala, the capital of South Darfur, was a hub for humanitarian organisations before the war. But since its outbreak, most organisations have not returned. The UN still has no international staff in the city, where MSF is one of the only international organisations present. Between January and August, MSF teams in South Darfur provided 12,600 ante- and post-natal consultations and assisted in 4,330 normal and complicated deliveries.

    Across Sudan, interrelated crises are compounding to cause immense suffering, with little help available, as Dr Burkhardt, who worked in North Darfur prior to her assignment in South Darfur, explains.

    “The disparity between the huge needs for healthcare, food, and basic services, and the consistently lacking international response is disgraceful,” she says. “We call on donors, the UN, and international organisations to urgently increase funding for, as well as scale up and supply, maternal health and nutrition programmes.”

    “We know that Sudan is a challenging place to work but waiting for challenges to disappear by themselves is getting nowhere,” says Dr Burkhardt. “For many mothers and children, it’s already too late. Risks must be managed, and solutions found before more lives are lost.”

    Conflict is also driving the maternal and child health crisis as people are displaced and subject to violence. Supply shortages are aggravated by the warring parties which, along with their affiliated armed groups, continue to block or restrict access to lifesaving aid.

    The crisis risks trapping families in protracted cycles of malnutrition, sickness, and deteriorating health that span generations.

    A patient caretaker describes how maternal mortality and malnutrition are interrelated for their family.

    “The mother of the twins died from severe bleeding, leaving behind eight other children,” they say. “My husband and I try to take care of them… we don’t earn enough to feed them. Now we’re 13 in the house. We’re struggling, eating porridge and sauce with a bit of salt, little or no oil, and green leaves.”

    You could also be interested in

     

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    Soaring medical needs and a failing humanitarian response mark 500 days of war in Sudan

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    MIL OSI NGO –

    September 29, 2024

  • MIL-OSI USA: Senator Cramer Delivers Floor Speech on Unworkable Nursing Home Rules, Bureaucratic Intransigence at CMS

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    ***Click here to download video. Click here for audio.***

    WASHINGTON, D.C. – The Centers for Medicare and Medicaid Services (CMS) announced a final rule in April, imposing minimum staffing requirements for long-term care facilities (LTC), which provide care to nearly 1.2 million residents across the nation. This rule will exacerbate the existing workforce shortages and significantly harm access to care in rural communities. This new standard, which was first proposed in September 2023, will require nearly 80% of nursing facilities to hire more nurses to comply with the regulation. However, in states already facing staffing shortages, these requirements will be nearly impossible to meet and will likely force closure on many facilities across the country.

    U.S. Senator Kevin Cramer (R-ND) delivered remarks on the Senate floor today to highlight the dangers of the CMS minimum staffing rule. He also spoke on the dangers of administrative bureaucracy the punitive nature of survey fines experienced by LTC facilities.

    “In North Dakota, our facilities are really feeling the squeeze, and the issue is really twofold,” said Cramer. “In May, CMS issued this minimum staffing rule, which requires long-term care facilities to implement new staffing requirements. These are already institutions that are already woefully understaffed because of a lack of workforce. Most burdensome is the new requirement to have a Registered Nurse on site 24 hours a day, seven days a week, rather than the previous eight hours a day, seven days a week. Less than a quarter of North Dakota facilities meet this requirement, and among rural facilities, only 14 percent will meet that mandate.

    “To meet these elevated staffing levels, our facilities really have no good options, if they have any options at all,” continued Cramer. “At existing staffing levels, North Dakota facilities would need to reduce the average number of residents served per day by about 74 people to satisfy this mandate. […] In my state, we’ve had six facilities close since 2021, indicating the already challenging operating environment. I fear this misguided rule will supercharge this trend and deprive rural individuals the opportunity to receive care in their own communities, near the people they love and know the best: their families, and their friends, their loved ones.”

    [embedded content]

    “The minimum staffing rule is part of a broader pattern of CMS’s bureaucratic crackdowns on facilities for no reason other than it can, that’s what bothers me so much about bureaucratic bullies is they’re bullies because they can be, without materially improving the health and safety of long-term care residents,” added Cramer. “Civil Monetary Penalties, or in bureaucratic-speak, CMPs, are punitive, monetary actions CMS can take against long-term care facilities in situations where CMS determines they do not substantially comply with Medicare or Medicaid participation requirements, the requirements that the bullies create out of thin air. These penalties are heavily used to punish facilities beyond a simple correction.”

    “If these rules and penalties were really about better care for residents, CMS should yield to reason,” concluded Cramer. “However, the actions of the bureaucrats at CMS prove they are out of touch with operational challenges actually facing these facilities and the people they serve. If they in fact want to achieve the stated goal of improving quality, these decisions do just the opposite. […] I have little faith in their ability to do the right thing and reverse course, but I pray they will.”

    For nearly two years, Cramer has pushed back against the nursing home staffing standard, beginning with sending a letter to CMS in January 2023 urging the agency to avoid one-size-fits-all staffing mandates for nursing homes and to support provider flexibility in addressing recruitment and retention issues. Several months later, in June 2023, as a member of the Senate Veterans Affairs Committee, he questioned CMS officials at a hearing about the mandate’s impact on already stressed staffing challenges.

    In October 2023, Cramer led a bipartisan letter to the CMS Administrator requesting the agency refrain from finalizing the rule as written and instead work with Congress on flexible, commonsense solutions. Cramer and U.S. Senator Angus King (I-ME) joined forces to introduce the VA Report on Proposed CMS Staffing Ratios Act to require the Department of Veterans Affairs to submit a report regarding the proposed rule’s impact on the access of veterans to LTC. The senators later requested the VA study the potential harmful effects of the staffing rule on LTC facilities. Cramer also joined U.S. Senator James Lankford (R-OK) in cosponsoring a Congressional Review Act resolution of disapproval to overturn the final rule issued by CMS.

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI: ASUS Announces its Zenbook S 14 (UX5406) Powered by the New Intel® Core™ Ultra Processor (Series 2) is Now Available in Canada

    Source: GlobeNewswire (MIL-OSI)

    KEY POINTS

    • A blend of art and tech: Functional aesthetics, using Ceraluminum™ and CNC milling to craft a 1.1 cm ultrathin chassis with a distinctive geometric grille design
    • Zenbook does more: Up to latest AI-powered Intel® Core™ Ultra 7 processor (Series 2); Copilot key; enlarged 16:10 seamless touchpad with smart gestures
    • Impressive audiovisuals: 14″ 3K 120Hz ASUS Lumina OLED display and advanced four-speaker audio system provide a genuine theater-like experience
    • Quiet and secure: Efficient, distraction-free performance with <25dB ambient cooling; Microsoft Pluton security, face login, and Windows passkeys

    TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) — ASUS today announced that the all-new Zenbook S 14 (UX5406) is now available in-store and online in Canada on the ASUS Store, Best Buy, and later in December in selected retailers. Zenbook S 14 is one of the thinnest and most portable 14-inch ASUS Copilot+ PC on the market, blending performance with sophistication. The premium Zenbook S 14 showcases a new functional aesthetic and has been completely redesigned inside and out. The chassis features the new, innovative ASUS Ceraluminum™, a high-tech ceramic hybrid material available in a range of nature-inspired colors.

    A blend of art and tech

    Zenbook S 14, newly designed with a functional aesthetic, incorporates the innovative ASUS Ceraluminum material, providing both durability and a sleek design. After four years of refining the colors, texture, and hardness of this material, the results are outstanding. Utilizing cutting-edge CNC technology, Zenbook S 14 achieves a remarkable thinness of just 1.1cm while housing advanced components, including an advanced vapor-chamber cooling system. It’s the only laptop combining such sleekness and functionality and is our thinnest and most compact 14-inch laptop, emphasizing our commitment to top-notch performance and portability. CNC machining also creates the exclusive geometric grille design above the keyboard and the enlarged touchpad area. The laptop is available in two nature-inspired shades — Zumaia Gray and Scandinavian White.

    Zenbook does more

    Zenbook S 14 offers next-generation AI capabilities in an ultrathin form factor. It’s equipped with up to the latest Intel Core Ultra 7 processor (Series 2) with system-on-chip (SoC) design. The SoC design reduces motherboard size by 27%1 to increase overall cooling efficiency and integrates premium low-power LPDDR5X DRAM into a compact package. This second factor shortens the distance between the CPU and memory, enabling higher bandwidth and lower latency ― ensuring improved stability and higher performance. With up to 32GB of fast RAM, and a 1TB PCIe® 4.0 SSD, the processor features a TDP of up to 28 watts and a built-in NPU delivering up to 47 NPU TOPS for modern AI applications, ensuring the 72Wh battery provides all-day autonomy. The user experience is seamless and intuitive, with a dedicated Windows Copilot key on the ASUS ErgoSense keyboard for instant Windows AI assistance and an enlarged touchpad matching the screen’s 16:10 aspect ratio. This enhances comfort and ease of use, allowing quick adjustments of audio volume, screen brightness and more via smart gestures. The ultra-compact Zenbook S 14 features a full set of I/O ports, including two Thunderbolt™ 4, a USB 3.2 Gen 2 Type-A, HDMI® 2.1, and an audio combo jack. WiFi 7 with ASUS WiFi Master Premium certification ensures the fastest, most reliable connections.

    Engaging audiovisuals

    The 3K 120Hz ASUS Lumina OLED display is Pantone® Validated and DisplayHDR™ True Black 500 certified. It delivers lifelike visuals with outstanding color and HDR performance, including a 100% DCI-P3 gamut to ensure vivid colors. Zenbook S 14 features a powerful four-speaker Harman Kardon-certified audio system, a remarkable engineering feat in such a thin device. It provides full-range multi-dimensional Dolby Atmos® sound, offering a truly immersive and lifelike audiovisual experience.

    Quiet and secure

    Zenbook S 14 prioritizes noise reduction with an advanced ultra-slim vapor-chamber cooling system featuring dual IceBlade fans, allowing an under-25dB ambient cooling mode while enabling up to 28W TDP performance, when needed. The geometric grille above the keyboard maximizes airflow and minimizes dust or dirt ingress. User privacy and security are paramount, supported by Windows passkeys and Microsoft Pluton, which integrates hardware, firmware, and software to defend against evolving threats. Windows Hello facial recognition ensures secure access without needing to remember passwords. The ASUS AiSense IR camera enables Adaptive Lock, which monitors user presence and locks the laptop when the user moves away, and Adaptive Dimming enhances privacy by dimming the screen when the user looks away.

    AVAILABILITY & PRICING

    The ASUS Zenbook S 14 is now available instore and online starting from September 24th in Canada.

    The Zenbook S 14 with an Intel Core Ultra 5 processor 226V, 16 Gb LPDDR5X-8533 RAM and 1 TB of storage is available starting from CA$1,799 in exclusivity on the ASUS Store and Best Buy.

    The Zenbook S 14 with an Intel Core Ultra 7 processor 258V, 32 GB LPDDR5X-8533 RAM and 1 TB of storage is available for CA$2,199 in exclusivity on the ASUS Store and Best Buy.

    Another configuration with an Intel Core Ultra 7 processor 256V, 16 GB LPDDR5X-8533 RAM and 1 TB storage will be available starting from December 2024, starting from CA$1,999 on the ASUS Store and selected retailers.

    Please contact your local ASUS representative for further information.

    NOTES TO EDITORS

    For more product photos: https://press.asus.com/media/photos/

    Zenbook S 14 Product Page: https://asus.com/ca-en/Laptops/For-Home/All-series/ASUS-Zenbook-S-14-UX5406

    Zenbook S 14 ASUS Store: https://shop.asus.com/ca-en/asus-zenbook-s-14-ux5406.html

    Zenbook S 14 Best Buy (Intel Core Ultra 5): https://www.bestbuy.ca/en-ca/product/asus-zenbook-s-14-touchscreen-2-in-1-laptop-zumaia-grey-intel-core-ultra-5-16gb-ram-1tb-ssd-win-11/18389565

    ASUS Zenbook S 14 Best Buy (Intel Core Ultra 7): https://www.bestbuy.ca/en-ca/product/asus-zenbook-s-14-14-touchscreen-2-in-1-laptop-zumaia-grey-intel-core-ultra-7-32gb-ram-1tb-ssd-win-11/18389564

    ASUS Pressroom: http://press.asus.com

    ASUS Canada Facebook: https://www.facebook.com/asuscanada/

    ASUS Canada Instagram: https://www.instagram.com/asus_ca

    ASUS Canada YouTube: https://ca.asus.click/youtube

    ASUS Global X (Twitter): https://www.x.com/asus

    SPECIFICATIONS2

    ASUS Zenbook S 14 (UX5406)    
    Model  Zenbook S 14

    UX5406SA-BH71T-CB

    		 Zenbook S 14

    UX5406SA-DH71T-CB

    		 Zenbook S 14

    UX5406SA-BH51T-CB
    CPU  Intel® Core™ Ultra 7 processor 258V Intel® Core™ Ultra 7 processor 256V Intel® Core™ Ultra 5 processor 226V
    Display  14″, 3K (2880 x 1800) OLED Touch display, 16:10 aspect ratio, 120Hz refresh rate, 400 nits, up to 500 nits HDR peak brightness, 100% DCI-P3 color gamut, 1,000,000:1, DisplayHDR™ True Black 500 certified, Pantone® Validated, 70% less harmful blue light, TÜV Rheinland-certified, 90% screen-to-body ratio, With stylus support
    Operating system  Windows 11 Home
    Graphics  Intel® Arc™ Graphics            
    Main memory  32 GB LPDDR5X on board 16 GB LPDDR5X on board 16 GB LPDDR5X on board
    Storage  1TB M.2 NVMe® PCIe® 4.0 SSD
    Connectivity  WiFi 7 (802.11be)

    Bluetooth® 5.4
    Camera  AiSense FHD IR camera w/ ACS
    I/O ports  1 x USB 3.2 Gen 2 Type-A

    2 x Thunderbolt™ 4 supports display / power delivery

    1 x HDMI® 2.1 TMDS

    1 x 3.5mm Combo Audio Jack
    Touchpad  Enlarged touchpad (127 x 79mm) with Smart Gesture support
    Audio  4 built-in speakers

    2 built-in array microphones

    Harman Kardon certified
    Battery  72Wh
    AC adapter  65W AC Adapter

    Output: 20V DC, 3.25A, 65W

    Input: 100-240V AC 50 / 60Hz universal
    Dimensions  31.03 x 21.47 x 1.19 ~ 1.29cm (12.22″ x 8.45″ x 0.47″ ~ 0.51″)
    Weight  1.2kg3
    Color  Zumaia Gray Zumaia Gray Zumaia Gray
    Price  CA$2,199 CA$1,999 CA$1,799
    Where to Buy  ASUS Store

    Best Buy

    		 Available in December ASUS Store

    Best Buy


    About ASUS

    ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.

    FORTUNE and FORTUNE World’s Most Admired Companies are registered trademarks of FORTUNE Media IP Limited and are used under license

    1 Compared to a similar 14-inch laptop (UX3405).
    2 Specifications, content and product availability are all subject to change without notice and may differ from country to country. Actual performance may vary depending on applications, usage, environment and other factors. Full specifications are available at http://www.asus.com
    3 Weight may vary according to specifications.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba8bbc3e-b00b-41b8-b62b-1ee333fe3fe7

    The MIL Network –

    September 29, 2024

  • MIL-OSI: Devon Energy Schedules Third-Quarter 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    OKLAHOMA CITY, Sept. 24, 2024 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2024 results on Tuesday, Nov. 5, after the close of U.S. financial markets. The earnings release and presentation for the third-quarter 2024 results will be available on the company’s website at www.devonenergy.com.

    On Wednesday, Nov. 6, the company will hold a conference call at 10 a.m. CST (11 a.m. EST), which will consist primarily of answers to questions from analysts and investors. A webcast link to the conference call will be provided on Devon’s website at www.devonenergy.com. A replay will be available on the website following the call.

    ABOUT DEVON ENERGY

    Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

    Investor Contacts                        
    Rosy Zuklic, 405-552-7802                        
    Chris Carr, 405-228-2496    		   Media Contact
    Michelle Hindmarch, 405-552-7460

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

    September 29, 2024

  • MIL-OSI USA: Budd, Hagerty, Colleagues Introduce Bill to Protect American Assets From Unlawful Seizure by AMLO’s Mexico

    US Senate News:

    Source: United States Senator Ted Budd (R-North Carolina)
    Washington, D.C. — Today, Senator Ted Budd (R-NC) helped introduce the Defending American Property Abroad Act alongside Senator Bill Hagerty (R-TN).
    The bipartisan legislation would impose retaliatory prohibitions that deter and punish any Western Hemisphere nation that unlawfully seizes American assets. The bill responds to ongoing efforts by the Mexican government to seize a deep-water port owned by U.S.-based Vulcan Materials Company, which is a flagrant violation of the United Sates-Mexico-Canada Agreement (USMCA).
    The bill is co-sponsored by Senators John Barrasso (R-WY), Katie Britt (R-AL), Tim Kaine (D-VA), and Tommy Tuberville (R-AL).
    Senator Budd said in a statement:
    “The United States and Mexico have an important trade and economic relationship. The illegal seizure of American property and infrastructure in Mexico is unacceptable and undermines that relationship. I am proud to partner with Senator Hagerty to stand up for American’s right to engage in international commerce without being extorted.”
    Senator Hagerty said:
    “I strongly condemn AMLO’s threats against Vulcan Materials Company and am pleased to see this bipartisan rebuke from the United States Senate. No nation or president, and especially one of our largest trade partners, should be allowed to bully an American firm without consequences. Our legislation will help to undermine any attempt by AMLO to profit from his illegal actions and, in the event of a seizure, would strengthen our nation’s position in trade negotiations with Mexico.”

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI United Kingdom: Revealed: the two faces of a Scottish Labour MP

    Source: Scottish National Party

    The hypocrisy of Scottish Labour has been put on full display in the party’s latest humiliation.

    Numerous Labour MPs from Scotland – including the Secretary of State for Scotland, Ian Murray – have been exposed as bitterly opposing Tory policies towards pensioners in winter, before axing the winter fuel payment with their first move in the new parliament.

    The guilty MPs also include Labour Party darling Michael Shanks, who has purveyed misleading information and was feted for saying he would vote for a ceasefire in Gaza and the abolition of the two child cap – before backtracking on both once he was elected.

    Here’s a start on the growing list of Scottish Labour MPs whose volte face is showing exactly why they can’t be trusted.

    Scottish Secretary Ian Murray (Edinburgh South)

    The Secretary of State for Scotland is known for capitalising on a media opportunity and has regularly taken to the airwaves to rail against Conservative policies – at times trying to draw bizarre parallels with the SNP’s record in Scotland, which couldn’t be further from the plans of the Conservative Party.

    In a particularly feisty intervention, the Scottish Secretary claimed pensioners were daily “freezing to death” under the Conservatives.

    Which makes it even more puzzling that among his first moves as a senior government minister – entitled to a salary of over £160,000 plus expenses – was a vote to axe winter fuel payments for pensioners across the UK. Presumably his Labour government will take their share of responsibility for any pensioners “freezing to death” as a result of their policy.

    Pre-1997 I remember the news used to report almost daily the number of pensioners freezing to death in their own homes. We are heading back their this winter unless the government acts now. https://t.co/RRaaTR7r78

    — Ian Murray MP (@IanMurrayMP) August 28, 2022

    Ex-Better Together chief Blair McDougall (East Renfrewshire)

    McDougall was head strategist for the Better Together campaign, and has unsuccessfully sought elected office before.

    Since his entry into politics as a student, he backed the failed leadership campaigns of both David Miliband and Jess Phillips while retaining senior status among the ranks of Scottish Labour.

    He has vehemently defended Labour’s time in government and listed the winter fuel payment as among its top achievements. Unfortunately, his senior status in Scottish Labour didn’t warrant any consideration from Sir Keir – and when the call came, he trooped through the voting lobbies to strip pensioners of that same winter fuel payment along with all the other Scottish Labour MPs.

    Winter fuel payment and free Tv licences. 3 million Child Trust Funds. Cancelling the debts of the poorest countries. Co2 emissions down 1/5. Largest offshore wind capacity in world. 8/

    — Blair McDougall MP (@blairmcdougall) August 16, 2023

    Imogen Walker (Hamilton and Clyde Valley)

    A former longtime London councillor, Walker is the wife of Starmer’s chief spin doctor Morgan McSweeney and the couple are high flyers among Labour’s Westminster leadership. She was parachuted into the Hamilton and Clyde Valley constituency in the hope that it would be a winnable seat for Labour – a stark sign that the party was taking local voters for granted before a single ballot had even been cast.

    Her new constituents will be unsurprised to learn that she too was vocal about the energy crisis and a ‘long hard winter’. She even promised a Labour government would lower bills.

    Since Labour took office, Ofgem has announced it is once again lifting the price cap and bills are set to rise 10%.

    Lovely to see the sun today at the @ScottishLabour stall in Lanark – but it was a long hard winter for so many and we’ve been talking to people about the energy crisis. A Labour govt will act to keep bills low. pic.twitter.com/rTTdmLe8EU

    — Imogen Walker (@imogenwalker) May 13, 2023

    Johanna Baxter (Paisley and Renfrewshire South)

    Another career politician, Baxter has unsuccessfully contested elections before and was previously a senior trade unionist and Labour NEC member.

    She urged her followers online to support a petition to create a national strategy for reducing excess winter deaths.

    The Labour Party’s own research has suggested its policy of cutting the Winter Fuel Payment could cause in excess of 4,000 deaths.

    Baxter, like other Scottish Labour MPs, voted to scrap the Winter Fuel Payment.

    .@DanJarvisMP calling for the gov to bring forward a national strategy for reducing excess winter deaths. Sign here https://t.co/t4qBmZ48Jq

    — Johanna Baxter MP (@JohannaBaxter) June 6, 2016

    Kirsty McNeill (Midlothian)

    Having unsuccessfully stood for election in London, McNeill turned her sights to what she thought might be a winnable seat in Scotland. Parachuted into the constituency and immediately appointed to the Scotland Office, McNeill has been silent about the devastating impact Starmer’s winter fuel cut on her new constituents.

    She wasn’t so silent in 2022, when she slammed the Conservative government’s decisions and said many families “are set to have a brutal winter.”

    We can only assume a cushy Scotland Office job is keeping her too busy to be just as vocal this time.

    Families are set to have a brutal winter but the impact of today’s decisions will still be showing up in future decades. https://t.co/8quHQoBdh6

    — Kirsty McNeill MP (@kirstyjmcneill) September 23, 2022

    Michael Shanks (Rutherglen)

    Shanks has unsuccessfully sought election three times before.

    Once elected to serve as MP for Rutherglen in last year, he quickly backtracked on promises he had made to constituents such as supporting a ceasefire in Gaza and campaigning for the abolition of the two child cap.

    Initially, he masqueraded as an MP who would be fighting for those struggling with punishing energy bills.

    But before long, Shanks was marching into the voting lobbies to support the winter fuel cut – it seems his position might have changed?

    I asked the Energy Minister earlier about forced installation of pre-payment meters. The new code has protections for some vulnerable groups but has arbitary definitions. As we go into the winter months it will be worrying for many households who may struggle with energy bills. pic.twitter.com/8oJPa7CCm4

    — Michael Shanks MP (@mgshanks) November 28, 2023

    Patricia Ferguson

    Ferguson was first elected to the Scottish Parliament in 1999, serving twice as a minister and even as Deputy Presiding Officer. Once she left office in 2016, she fought to be a local councillor before her run for the Westminster parliament.

    As part of the Labour group, she championed the Winter Fuel Allowance.

    After decades of public service, we’d have thought Ms Ferguson might have learnt the value of being true to her word – and the duty to be honest with the people who elected her.

    Instead, she managed to sideline her longtime support for the allowance, backing Starmer over Scotland.

    Great news. Last meeting Labour Group won the reinstatement of the Winter Fuel Allowance this month they get this motion through! Well done @JillBGlasgow

    — Patricia Ferguson (@PJFerguson18) December 9, 2021

    Scottish Labour’s most senior MPs have sold out

    They’ve sold out on their principles, their policies and most importantly – they’ve sold out Scottish communities who trusted Labour’s promise of change. And their support for Starmer’s fiscal plans is forcing our own government here in Scotland into some impossible decisions.

    This is just the beginning. For the next five years, Scottish Labour MPs will continue without fail to put Starmer before Scotland. It’s clear they’ve already forgotten who their real boss is – the Scottish people.

    That’s if they ever cared in the first place.

    The SNP can promise one thing – whoever you are and wherever you are in Scotland, we’ll stand up for you and your family.

    While Labour will spend the next five years taking Scotland for granted, we’ll be busy fighting for the change Scotland really needs.

    MIL OSI United Kingdom –

    September 29, 2024

  • 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 –

    September 29, 2024

  • MIL-OSI United Kingdom: New laws to be introduced to crack down on fraud

    Source: United Kingdom – Executive Government & Departments

    The government will bring forward a new Fraud, Error and Debt Bill in this parliamentary session to crack down on fraud in the social security system.

    • Fraud, Error and Debt Bill brought forward to tackle fraud in social security system
    • New laws to give DWP more powers to catch fraudsters faster and prevent customers from getting into debt sooner
    • Bill to include measures to protect vulnerable customers and ensure support goes to those who need it most

    The Bill is expected to save £1.6 billion over the next five years and will extend and modernise DWP’s powers to stop fraud in its tracks, recover money lost to fraud and protect vulnerable customers from racking up debt.

    Fraud and error in the social security system currently costs the taxpayer almost £10 billion a year and since the pandemic a total of £35 billion of taxpayers’ money has been taken away from those who need it most. 

    The nature of fraud has also become more sophisticated, meaning without new legal powers, DWP cannot properly keep pace with the changing nature of fraud to tackle it robustly enough.

    This legislation will give DWP powers to:

    • Better investigate suspected fraud and new powers of search and seizure so DWP can take greater control investigations into criminal gangs defrauding the taxpayer.
    • Allow DWP to recover debts from individuals who can pay money back but have avoided doing so, bringing greater fairness to debt recoveries.
    • Require banks and financial institutions to share data that may show indications of potential benefit overpayments 

    The Bill will also include safeguarding measures to protect vulnerable customers. Staff will be trained to the highest standards on the appropriate use of any new powers, and we will introduce new oversight and reporting mechanisms, to monitor these new powers. DWP will not have access to people’s bank accounts and will not share their personal information with third parties. 

    We will also bring forward a Code of Practice which will be consulted on during the passage of the Bill to provide further assurance on the safe use of the powers. 

    This legislation delivers on the government’s manifesto commitment to safeguard taxpayers’ money and demonstrates the government’s commitment to not tolerate fraud, error or waste anywhere in public services, including the social security system. 

    Further details on the scope of the legislation will be set out when the Bill is introduced.

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    Updates to this page

    Published 24 September 2024

    MIL OSI United Kingdom –

    September 29, 2024

  • MIL-OSI United Kingdom: Nominations now open to thank Canterbury’s heroes

    Source: City of Canterbury

    Home  »  Latest News   »   Nominations now open to thank Canterbury’s heroes

    It’s time to get your nominations in for the 2024 Lord Mayor’s Award, which will see unsung heroes from the Canterbury district celebrated for their selfless dedication to helping others. 

    There are no age limits and nominations are welcome from all walks of life.  

    Nominees must live in Canterbury, Herne Bay, Whitstable or a village in the district, but you don’t have to live in the district to nominate. 

    The deadline to put someone forward is Friday 1 November. 

    Entries will be judged by the Lord Mayor, Cllr Jean Butcher, and a representative from each of the political groups at the city council. The awards will be presented at a ceremony early next year. 

    Cllr Butcher said: “It is always wonderful to read the award nominations and hear about all the incredible people we have in the district supporting communities and making a real difference.  

    “Being able to shed light on their brilliant work each year through this award is a huge honour. 

    “You could make someone’s day, month or even year by simply taking a few minutes to nominate them, so please do get in touch if you know someone who deserves thanks for what they do.” 

    You can nominate online, or hard copy forms are available by calling the Lord Mayor’s office on 01227 862080 or by emailing lordmayor@canterbury.gov.uk. 

    Published: 24 September 2024

    MIL OSI United Kingdom –

    September 29, 2024

  • MIL-OSI United Kingdom: Council and National Trust for Scotland in discussions over Dunkeld housing

    Source: Scotland – City of Perth

    The National Trust for Scotland, the conservation charity which cares for and shares Scotland’s heritage, has been responsible for the management of the residential homes, an office and two commercial units in Dunkeld since the 1950s. The charity stepped in to save the 17th and 18th century buildings, which were at risk of demolition, taking ownership, restoring the buildings and then letting them to tenants, preserving the unique historic character of Dunkeld town centre which is widely regarded as one of the most attractive in Scotland.     

    The charity and Perth and Kinross Council have confirmed that they are now in talks about the properties transferring into the ownership of the Council’s Housing Revenue Account.

    Around 25 tenants will be affected by the change, which will see them become tenants of the Council with a range of associated benefits. The charity and Council are committed to making as smooth as possible for residents.

    Stuart Maxwell, Regional Director for Edinburgh & East said: “We have been reviewing our management approach to these properties and are now proposing to work in closer partnership with Perth and Kinross Council. We feel this in the interests of the continued long-term conservation of the buildings and their use as accommodation for local people, which we know is an important issue in this area.

    “Following consultation with our Board of Trustees, Perth and Kinross Council, and the Scottish Government, we have reached an agreement in principle for the local authority to take on ownership of these properties and most of our other buildings in Dunkeld, which, we feel will ensure the conservation of both the individual properties, the historic township and bring benefits for residents too.

    “Our priority for the next few weeks is to talk to our tenants and ensure that any transition would happen as smoothly as possible.”

    Housing and Social Wellbeing Convener, Councillor Tom McEwan said: “Perth and Kinross Council’s Housing Service is recognised as one of the best in Scotland, and this transfer will bring many benefits for the tenants who live in these properties.

    “We anticipate being able to offer tenants significantly lower levels of rent, as well as a secure tenancy that they can enjoy for as long as they want to, access to our excellent Repairs Service and regular investment to improve their homes to the highest standard possible.

    “The tenants in Dunkeld will have the support of our dedicated and highly-qualified Housing staff to help them in their tenancy, as well as access to a wide range of other quality services that our current tenants enjoy.”

    Council Leader, Councillor Grant Laing, said: “The Council will work closely with sitting tenants to answer any questions they might have as the transfer progresses and provide them with any support they need.  Measures will be implemented to ensure that when any vacancies arise in the properties in the future, they will be allocated to people with a local connection to the Dunkeld area. This is a positive for the community where local housing availability is a concern. I am delighted for the Community of Dunkeld.” 

    Local elected member for the Strathtay ward, Bailie Claire McLaren said: “This transfer will ensure that these homes are secured as valued affordable social housing in Dunkeld into the future. One of the key aims of the Housing Service is to provide high-quality additional homes for affordable rent for people right across Perth and Kinross.”

    Mr Maxwell continued: “The National Trust for Scotland has been proud to play a part in protecting Dunkeld for many decades. If this plan proceeds, we will still own land on the bank south of the River Tay, at Stanley Hill, so we will certainly still have an active role in ensuring that Dunkeld retains the nature, beauty and heritage that makes it so special.”

    Negotiations will continue between the National Trust for Scotland and Perth and Kinross Council with a joint meeting being held locally with all tenants on Wednesday 25 September. Housing staff from the Council will be in attendance along with representatives from the Trust to answer any questions.

    MIL OSI United Kingdom –

    September 29, 2024

  • MIL-OSI Russia: High-Level Retreat in New Hampshire as part of Bretton Woods at 80 Initiative

    Source: IMF – News in Russian

    September 24, 2024

    WASHINGTON  – As part of the previously announced Bretton Woods at 80 Initiative, the IMF and the World Bank Group are hosting a high-level retreat at Bretton Woods, New Hampshire, on September 26‒27, 2024.

    This two-day Chatham House Rules event will bring together a small and diverse group of global thinkers—including individuals prominent in the fields of history, international relations, political science, finance, and business—at the location of the 1944 United Nations Monetary and Financial Conference (the “Bretton Woods Conference”).

    The three External Advisors to the Bretton Woods at 80 Initiative, Patrick Achi, Sri Mulyani Indrawati, and Mark Malloch-Brown, will help guide the discussions.

    Senior management and staff from both the Bank and the Fund will be in attendance, including President Ajay Banga and Managing Director Kristalina Georgieva.

    The purpose of the retreat is to facilitate a discussion on the shape of the world economy 20‒30 years from now, how multilateralism may evolve, and how the Bank and Fund can best continue to support stability and progress on a livable planet.

    This retreat is part of an ongoing series of consultations with IMF and World Bank stakeholders that will continue to be led by the External Advisors at events and engagements over the coming months.

     

     

    Contacts:

    For the IMF: Pavis Devahasadin, media@imf.org

    For the World Bank: David M. Theis, dtheis@worldbankgroup.org

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pavis Devahasadin

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/09/23/pr24341-high-level-retreat-in-new-hampshire-as-part-of-bretton-woods-at-80-initiative

    MIL OSI

    MIL OSI Russia News –

    September 29, 2024

  • MIL-OSI USA: House Democrats Support Michigan AG Nessel’s Efforts to Protect Students, Reject Unfair Accusations of Bias

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    Dana Nessel has distinguished herself as a just, discerning, and effective Attorney General. Michigan voters selected her to keep all communities safe, empowering her to faithfully exercise discretion and enforce the law. That’s exactly what she has done in the cases of anti-Israel campus protesters as well as counter-protestors accused of violent acts that go far beyond protected speech.

    Washington DC – Today, 21 U.S. House of Representative Members released the following statement in response to criticism of Michigan Attorney General Dana Nessel’s handling of antisemitic campus crimes:

    “Dana Nessel has distinguished herself as a just, discerning, and effective Attorney General. Michigan voters selected her to keep all communities safe, empowering her to faithfully exercise discretion and enforce the law.

    “That’s exactly what she has done in the cases of anti-Israel campus protesters as well as counter-protestors accused of violent acts that go far beyond protected speech. Those charged with criminal conduct will enjoy the same rights of due process as anyone else. Casting doubt on Attorney General Nessel’s impartiality or implying these cases are being handled unfairly due to her religious background is antisemitic, deeply disturbing, and unacceptable.

    “Elected officials are rightfully held to high standards, but we owe it to our constituents to model methods of disagreement that do not invoke hateful tropes or false charges of unfair bias.”

    Among the Members signing the statement that was co-led by U.S. Reps. Debbie Wasserman Schultz (FL-15) and Haley Stevens (MI-11), were Reps.: Elissa Slotkin (MI-07), Hillary Scholten (MI-03), Shri Thanedar (MI-13), Brad Schneider (IL-10), Lois Frankel (FL-22), Daniel Goldman (NY-10), Josh Gottheimer (NJ-05), Greg Landsman (OH-01), Kathy Manning (NC-06), Norma J. Torres (CA-35), Jimmy Panetta (CA-19), Jared Moskowitz (FL-23), Ritchie Torres, (NY-15), Juan Vargas (CA-52), Tom Suozzi (NY-07), Susie Lee, (NV-03), Marilyn Strickland (WA-10), Steve Cohen (TN-09) and Donald Norcross (NJ-01).

    ####

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI United Nations: IOM Youth Changemakers Initiative: Supporting Youth Action on Migration Worldwide

    Source: International Organization for Migration (IOM)

    Geneva, 24 September – The International Organization for Migration (IOM) launched the Youth Changemakers Initiative, empowering ten young leaders globally, who will collaborate closely with IOM offices to advocate on critical issues such as climate mobility, human trafficking, gender equality, health, and countering xenophobia. 

    Driven by a passion for migration and a commitment to creating meaningful change, IOM’s Youth Changemakers will dedicate the next 11 months to positively impacting their communities. This initiative will provide them with the opportunity to apply their knowledge and skills, as well as leverage the support of a global network of like-minded peers. 

    “The IOM’s Youth Changemakers Initiative is supporting young leaders worldwide to become effective migration advocates and agents of change in their communities,” said IOM Director General Amy Pope.  

    Of the world’s 281 million migrants, 87 million of them – or about 31 percent – are under the age of 30. In their host communities, young changemakers bring innovative solutions to migration challenges and opportunities, playing a crucial role in achieving the Sustainable Development Goals. 

    The selection process for the Youth Changemakers involved two stages. Initially, five young leaders were chosen through a competitive global application process. They were later joined by five African Union (AU)-IOM Migration Youth Ambassadors, selected in 2023 by the IOM Special Liaison Office in Addis Ababa in partnership with the AU Women, Gender and Youth Directorate and the Office of the AU Chairperson’s Youth Envoy. 

     

    The IOM Youth Changemakers are (in alphabetical order): 
     

    1. Asha Jhanay Richards, from the United States of America and Jamaica  
    2.  Damilola Adeniran, from Nigeria  
    3.  Jürgen Adam Sanchez, from Mexico  
    4.  Kornelius Sembiring, from Indonesia  
    5.  Rose Kobusinge, from Uganda  
    6.  Sarah Badr, from Egypt  
    7.  Sérgio Murilo Magalhaes Godinho, from Brazil  
    8.  Sheba George, from India  
    9.  Valery Bobuin Jr., from Cameroon  
    10.  Walter Kasempa, from Zambia 

     

    As a first step, each Youth Changemaker will create an individual action plan aimed at raising awareness about migration in ways that are both accessible and relevant to their communities. To support their efforts, IOM will facilitate their participation in key meetings and events, offer training sessions, and provide peer-learning opportunities.  

    Despite their significant contributions to sustainable development, young people remain underrepresented in public policymaking. The Youth Changemakers Initiative aims to enhance their participation in migration discussions and promote safe, orderly, dignified, and inclusive migration. 

     

    More information about this initiative is available on the official website.  

    For more information, please contact media@iom.int. 

    MIL OSI United Nations News –

    September 29, 2024

  • MIL-OSI United Nations: The Church of Jesus Christ of Latter-day Saints supports WFP’s school meals programme in Haiti

    Source: World Food Programme

    NEW YORK CITY–Today, the United Nations World Food Programme (WFP) welcomed a contribution of US$ 8 million from The Church of Jesus Christ of Latter-day Saints towards WFP’s home-grown school meals programme in Haiti. The announcement came at the Clinton Global Initiative (CGI) 2024 Annual Meeting taking place in New York City, where it was featured as a new CGI Commitment to Action.

    The grant from the Church to World Food Program USA will support WFP’s ongoing work with local governments and partners in Haiti’s Artibonite and Centre departments to scale up school meals that use food from local smallholder farmers. 

    “Building on more than a decade of work together, the Church continues to serve as an essential collaborator, supporting WFP’s global operations during emergencies, while simultaneously stepping up to build community resilience,” said Barron Segar, World Food Program USA President and CEO. “In addition to supporting work on the ground in Haiti, we are grateful for the Church’s generosity in helping us serve thousands of people in other countries around the world this year, as we combat the world’s global hunger crisis.” 

    In Haiti, half of the population is struggling to find enough to eat — one of the highest proportions of acute food insecurity worldwide. Home-grown school meals serve as an opportunity to provide much-needed nutrition to children and to support their education, while sourcing food locally supports local economies and ensures sustainability of the programme. In the upcoming 2024/25 school year, WFP is planning to provide school meals to nearly 500,000 students, 70 percent of which will be made entirely with Haitian-grown ingredients purchased from local farmers.

    “As followers of Jesus Christ, we strive to care for those in need as He would,” said Blaine R. Maxfield, Managing Director of the Church’s Welfare and Self-Reliance Services. “These efforts in Haiti will help ensure that children have access to the nutrition they need to focus on their education, while at the same time strengthening communities by sourcing meals locally.”

    As a longstanding collaborator of WFP, in 2024 alone, the Church has generously supported food assistance in multiple countries across the globe — from delivering emergency food in Ukraine and Nigeria, to feeding school children and ensuring mothers and their newborn children have access to the right nutrients in Chad, Ecuador, Cuba, Guinea, Honduras and Peru.

    #                   #                      #

     

    About WFP 

     

    The United Nations World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change. Follow us on X, formerly Twitter, via @wfp_media. 

     

    About World Food Program USA   

    World Food Program USA, a 501(c)(3) organization based in Washington, DC, proudly supports the mission of the United Nations World Food Programme by mobilizing American policymakers, businesses and individuals to advance the global movement to end hunger. Our leadership and support help to bolster an enduring American legacy of feeding families in need around the world. To learn more, please visit wfpusa.org.  

    MIL OSI United Nations News –

    September 29, 2024

  • MIL-OSI USA: Department of Defense Approves Two Defense Community Infrastructure Programs for Colorado Springs

    Source: United States House of Representatives – Congressman Doug Lamborn (5th District of Colorado)

    Washington D.C., -On Friday, the Department of Defense, through the Office of Local Defense Community Cooperation, awarded 14 Defense Community Infrastructure Program (DCIP) grants, amounting to approximately $100 million. Two of these grants were given to Colorado Springs.

    DCIP is a competitive program designed for states, territories, and communities to improve infrastructure that supports military operations, enhance cadet training at independent “covered educational institutions,” strengthen installation resiliency, and improve the quality of life for military families, all to benefit local military installations.     

    “I am pleased that Colorado Springs has been awarded these two important grants. Peterson Space Force Base is home to several units that perform “employed in place” operational missions, making base access critical to the combat readiness of those units.  Improved safety and enhanced North Gate Access to Peterson Space Force Base will ensure our guardians can get to their posts and mission centers expediently, so they arrive on station fully ready to maintain space dominance. The second project will enhance the reliability of electric power to the U.S. Air Force Academy by replacing several miles of existing overhead power lines between two substations with underground 34.5 kV lines. This reliability will reduce power-failure related disruptions to the education and training of the Corps of Cadets and will ensure the Academy accomplishes its mission of producing the next generation of Air and Space leaders to fight and win our nation’s wars,”said Congressman Lamborn.

    The Fiscal Year 2024 grant awarded to Colorado Springs are as follows: 

    1. City of Colorado Springs, Colorado, $10,710,000 to undertake a $15,300,000 project that provides safety improvements and North Gate access to Peterson Space Force Base. This project will address issues that impact operational readiness, the ability to accommodate future total force requirements, and operating costs.
    2. Colorado Springs Utilities, Colorado, $5,348,798 to undertake a $7,641,140 project to remove several miles of existing overhead power lines between two substations in the U.S. Air Force Academy grounds and replace them with underground 34.5 kV lines. This project will enhance the reliability of the primary electric power feed to the Academy, providing essential support to all aspects of the training and education mission.

    ###

    MIL OSI USA News –

    September 29, 2024
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