Category: Economics

  • MIL-OSI Economics: Development Asia: The Basilica Cistern: A Timeless Water Marvel Beneath Istanbul

    Source: Asia Development Bank

    Transporting water through gravity

    Water from the Belgrade Forest reached the Basilica Cistern through a gravity-fed system. The aqueducts were precisely engineered with gravity slopes to maintain a continuous flow. These water conduits also incorporated bridges and siphons to go through valleys and uneven terrain, ensuring efficient water delivery over long distances.

    Beyond the Basilica Cistern, the water was distributed to public fountains, baths, and palaces using clay and lead pipes and underground channels, all operating by gravity. Some elevated cisterns created additional water pressure for better distribution, making the system both sustainable and efficient. This gravity system ensured a continuous flow of water from its source to the city.

    Harvesting rainwater

    Although the primary source of water for the Basilica Cistern came from the forest, it also collected rainwater. The large underground space allowed rainwater to seep through the ground and be stored, supplementing the aqueduct supply. The vaulted ceilings and brick arches helped channel water efficiently, and the waterproof mortar reduced the water loss. This method provided extra supply during water shortages.

    The Belgrade Forest remains an essential part of Istanbul’s water supply system. While modern reservoirs and dams have been built to meet the city’s growing water needs, parts of the forest continue to feed Istanbul’s water network. The forest also plays a crucial role in climate regulation, groundwater recharge, and flood prevention.

    Screening for clean water

    Ensuring clean water was a priority for the Byzantine engineers. The Basilica Cistern used a natural sedimentation process where impurities settled at the bottom. Additionally, grated inlets at the aqueduct entry points helped filter out debris. Over time, new technologies as sand and charcoal filtration techniques were employed in Byzantine and Ottoman water systems to further purify the water before distribution.

    Storing water without leakage

    The Basilica Cistern’s construction is a marvel of engineering. Spanning 9,800 square meters, it features 336 marble columns, each about 9 meters tall, arranged in 12 rows of 28 lines. These columns, many repurposed from earlier Roman structures, support the vaulted brick ceiling.

    A key challenge in any water reservoir is leak prevention. The Byzantine engineers solved this by

    • lining the walls with thick waterproof mortar (opus signinum), a blend of brick dust and lime;
    • using hydraulic cement to harden parts in contact with water; and
    • employing brick-built arches and vaults to evenly distribute the weight and prevent structural failures.

    Despite centuries of use and neglect, the cistern still retains water today—a testament to the effectiveness of its design.

    MIL OSI Economics

  • MIL-OSI Economics: ASEAN-UK workshop paves path for engineering biology innovation

    Source: ASEAN – Association of SouthEast Asian Nations

    LONDON, 21 March 2025 – The United Kingdom hosted more than 25 delegates from all ten ASEAN Member States and the ASEAN Secretariat for an ASEAN-UK Regional Training and Workshop on Engineering Biology Chapter II from 18 to 20 March 2025. With ASEAN set to become the world’s fourth largest economy by 2030, the workshop presented a strategic opportunity to align regulatory frameworks, technical standards, and innovation pathways between the UK and one of the world’s most dynamic economic regions.

    The programme built on the learnings and engagement from the first chapter of the workshop held in Singapore in 2024, focusing on critical growth enablers through cross-pollination between ASEAN and UK expertise. Key areas of focus included technical standards and biometrology, responsible innovation frameworks, and commercialising engineering biology for success.

    Alignment across these areas will create levers for accelerating engineering biology innovations into scalable innovations, unlocking economic potential while deploying market-ready solutions to benefit our communities.

    UK Ambassador to ASEAN, Sarah Tiffin, said:

    “Engineering biology is a game-changer for economic growth and sustainable development.  This workshop reaffirms the UK’s commitment as an ASEAN Dialogue Partner to building the technical and ethical foundations needed to foster a thriving bioeconomy across ASEAN regions. The UK and ASEAN can excel together in this fast-growing field, driving responsible innovation that benefits businesses and communities alike. Our partnership is thriving, and this workshop is a testament to how we are shaping the future of science and technology together.”

    British High Commissioner to Singapore, Nik Mehta, said:

    “The USD4 trillion global bioeconomy isn’t just a market opportunity—it’s our pathway to solving some of humanity’s most pressing challenges, from food security and climate resilience to healthcare innovation.

    By aligning our approaches to technical standards, responsible innovation, and commercialisation pathways, we can create a powerful platform for businesses and researchers across both the UK and ASEAN to bring transformative products to market.”

    Senior Officer of Science and Technology Division, ASEAN Secretariat, Dr. Vanny Narita, said:

    ” ASEAN and the UK reaffirm our commitment to engineering biology as a catalyst for sustainable economic growth. As a key pillar of the bioeconomy, it drives innovation in healthcare, agriculture and manufacturing. The ASEAN bioeconomy employs over 8% of the global workforce and generates over US$2.3 trillion annually, contributing to a global bioeconomy expected to reach US$4 trillion by 2040. Integrating engineering biology into the ASEAN Economic Community Strategic Plan 2026-2030 and the ASEAN Plan of Action on Science, Technology and Innovation 2026-2035 will accelerate biotechnology innovation and regional sustainability.”

    This workshop reaffirms the UK’s dedication to deepening its scientific and technological ties with ASEAN, building on the strong foundation established since becoming an ASEAN dialogue partner.

    ###
    The post ASEAN-UK workshop paves path for engineering biology innovation appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Publication of financial reports: Federal Office of Justice imposes disciplinary fine on IHS Nr. 2 GS GmbH

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). IHS Nr. 2 GS GmbH failed to submit its accounting documents for the financial year 2021 for the purpose of disclosure to the operator of the German Federal Gazette (Bundesanzeiger) in electronic form within the prescribed period. The legal basis for the sanction is section 335 of the HGB.

    The company did not lodge an appeal against the Federal Office of Justice’s decision to impose a disciplinary fine.

    MIL OSI Economics

  • MIL-OSI Economics: Publication of financial reports: Federal Office of Justice imposes disciplinary fine on DEMIRE Deutsche Mittelstand Real Estate AG

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). DEMIRE Deutsche Mittelstand Real Estate AG failed to submit its accounting documents for the financial year 2023 for the purpose of disclosure to the operator of the German Federal Gazette (Bundesanzeiger) in electronic form within the prescribed period. The legal basis for the sanction is section 335 of the HGB.

    The company did not lodge an appeal against the Federal Office of Justice’s decision to impose a disciplinary fine.

    MIL OSI Economics

  • MIL-OSI Economics: AI Data Drop: The surprising way AI makes hard work easier

    Source: Microsoft

    Headline: AI Data Drop: The surprising way AI makes hard work easier

    Imagine running a 5K, and instead of feeling exertion, your heart rate eases, each stride becoming smoother and easier as you go. We’re not built for that—but new research suggests that AI could make complex tasks feel just as effortless.

    What we did:  
    Our researchers asked employees at a multinational IT services company to complete a challenging project: digest information from an array of documents and draw up a Standard Operating Procedure (SOP), along with an accompanying set of training materials. Twenty-six study participants had access to Copilot, while a control group of 22 did not. 

    Participants shared their experiences after completing each of the six tasks in the project, providing feedback about the perceived mental effort they required. They were asked to rate how much mental effort each step took on a scale from one to 10. 

    After the work was finished, researchers surveyed participants about their experience, including how draining they found the process. Then they compared the answers.  

    What we found:
    Employees with Copilot access found the task five times less draining than the control group did, and they were far less likely to report that the task took a lot of effort.

    But here’s what came as a surprise: Copilot users experienced a noticeable reduction in mental effort with each step of creating the SOP and training materials. On average, their perceived effort decreased 6.3% per instance. In contrast, the control group’s effort level increased about 2% with each subsequent step—like the runner who gets more fatigued as the race goes on. 

    Crucially, Copilot users saw no adverse impact on quality: In fact, they had significantly higher scores in dimensions like “comprehensiveness” and “structure and effectiveness.” They also completed the materials at a similar rate or even faster than the control group.

    AI Reduces Mental Load Over Time

    Employees with Copilot found a set of tasks increasingly easier, while those without it faced growing challenges.

    What it means:  
    AI doesn’t take all the mental effort out of work—indeed, learning to use it requires building a new set of habits. But our study shows that once employees master Copilot, difficult tasks become less mentally draining over time.  

    Mental energy is a finite and precious resource that every company should use as intelligently and purposefully as possible. Helping employees harness AI frees them to focus on what matters most—and gives them the endurance to go the distance. 

    MIL OSI Economics

  • MIL-OSI Economics: Protecting the public from abusive AI-generated content across the EU

    Source: Microsoft

    Headline: Protecting the public from abusive AI-generated content across the EU

    As a long-standing technology partner to European governments, businesses, and citizens, Microsoft seeks to ensure that the continent benefits from digital technologies and artificial intelligence (AI), while continuing to respect the rights of EU citizens online.

    AI is no longer a distant prospect but a present reality, reshaping the business landscape, revolutionizing healthcare, and accelerating scientific discovery across the EU. Yet, as with any transformative technology, AI brings potentially significant challenges as well as immense opportunities. As a technology company providing AI services, we bear a responsibility to make sure that the solutions we deliver are deserving of public trust.

    The start of the new EU mandate offers an opportunity to reflect on how best to leverage new technologies for the benefit of people across the continent — driving innovation and competitiveness —as well as to take proportionate steps to protect people from potential abuses of the same technology. At Microsoft, we are looking forward to working with the new decision makers in the European institutions as they embark on the 2024-2029 mandate.

    Strong political leadership is all the more necessary as we stand at the beginning of a new age of technological innovation. As President of the European Commission, Ursula von der Leyen, said, “Europe is leading the way in making AI safer and more trustworthy, and oin tackling the risks stemming from its misuse.”. In this pursuit, however, the EU should not lose sight of AI’s central role in driving the continent’s digital transformation and potential for economic growth. Indeed, the EU should therefore “focus on becoming a global leader in AI innovation,” as emphasized by President von der Leyen in her political guidelines. In her commitment to protecting democracy, President von der Leyen also expressed her intention to continue strengthening the EU’s approach to AI-produced content in the current mandate.

    Advancing innovation and safety will require a balanced, whole-of-society approach that recognizes the respective roles of government, civil society, and industry. The EU is already at the forefront of creating  robust legal and regulatory frameworks, making industry players accountable for the development of safe online products, including AI. Microsoft recognizes the legislative developments undertaken during the 2019-2024 mandate of the Commission and stands ready to engage in dialogue with EU stakeholders on implementing these in an effective and proportionate way. We also see a need for modernized criminal and other laws to help address the misuse of AI. The pace of innovation calls for a continued focus on these challenges as the AI revolution unfolds.

    Our annual safety research reveals the scale of the potential challenge. Certain societal groups are disproportionately at risk from deliberate misuse of this technology. We therefore see a need for practical steps to protect people — most notably children, women, and older adults  from the harms that arise from abusive AI-generated content.

    In this white paper, we outline steps that Microsoft is taking to address this harm, as well as policy recommendations to build on the existing efforts and rules that address these issues head-on.

    Central to our recommendations is the need to establish clear and proportionate rules that protect individuals while enabling Europe to continue innovating. In our paper, we advocate for the EU to integrate provenance tools, strengthen appropriate existing legal frameworks, and enhance measures that put victim-based decision making at the forefront.

    As a company, we know we need a strong safety architecture for our services, grounded in safety by design, and incorporating durable media provenance and watermarking. Equally, we must continue to safeguard our services from abusive content and conduct (whether synthetic or not), through robust collaboration across industry and with governments and civil society, supported by ongoing education and public awareness efforts. It is crucial that we build trust in AI across society for its benefits to be fully realized.

    In the context of the EU’s mature regulatory landscape, we center our recommendations on enhancing the response to the misuse of AI, through the lens of three key risk areas:

    1. Protecting children from online exploitation.

    2. Safeguarding women from non-consensual intimate imagery.

    3. Safeguarding older adults, especially against AI-enabled fraud.

    The challenges we face are significant, but so is the opportunity. By proactively addressing these issues, we can build a future where AI enhances human creativity, protects individual privacy, and strengthens the foundations of our democracy. 

    At Microsoft, we are committed to playing our part, but we recognize that we cannot do it alone. We welcome engagement and feedback from stakeholders across the EU’s digital ecosystem. It is essential that we get this right, and that means working together. 

    Microsoft stands for technology that is a positive force in society and people’s lives, in line with our mission to empower every person and organization on the planet to achieve more. The time for action is now. 

    Read our full report here: aka.ms/SyntheticMediaEUWhitepaper 

    Tags: cybersecurity, Digital Transformation, Responsible AI, security, synthetic media

    MIL OSI Economics

  • MIL-OSI Economics: Mastering Microsoft 365 Copilot in education

    Source: Microsoft

    Headline: Mastering Microsoft 365 Copilot in education

    Microsoft 365 Copilot is your AI assistant that frees up time for what matters most.

    Imagine reclaiming a whole day of your work week. That’s exactly what educators at St Francis College experienced during their Microsoft 365 Copilot trial, with participants reporting an average time savings of 9.3 hours weekly.

    This time savings is especially significant in a profession where burnout is all too common. As St Francis College Principal John Marinucci observed, Copilot transforms education by expediting those administrative tasks that often overwhelm educators. The result? Teachers have more energy and time to focus on what brought them to education in the first place—helping students learn and grow.

    Read the St Francis College story

    Your AI assistant for education

    Microsoft 365 Copilot Chat is the AI chat experience you can use every day. It’s powered by broad knowledge from the web, built on the latest AI models, and designed to be safe and secure. Copilot Chat includes free, secure AI chat powered by GPT-4o, agents accessible right in the chat, and IT controls, including enterprise data protection and agent management. In addition, pay-as-you-go agents are available for Microsoft 365 education customers through Copilot Chat.

    Moving forward, educational institutions will have a mix of Copilot Chat and Microsoft 365 Copilot. While Copilot Chat is an excellent starting point for integrating AI into your day-to-day workflow, Microsoft 365 Copilot offers all the features of Copilot Chat and additional capabilities to transform educational experiences. Integrated into the apps you use every day, Microsoft 365 Copilot combines the power of the latest AI models with your data—documents, presentations, emails, meetings, chats, and more—plus the web to deliver relevant responses with sources.

    Smart help across your apps

    Unlike other AI tools, Copilot works within your Microsoft 365 environment to provide contextually relevant assistance.

    • In Word, you can draft and refine documents—such as lesson plans and reports—in seconds that might otherwise take hours.
    • In PowerPoint, you can transform basic content into engaging visual presentations that are tailored to your needs.
    • In Excel, you can analyze data and identify patterns that inform instructional and policy decisions—without complex formula creation.
    • In Outlook, you can more easily manage communications by drafting clear messages and summarizing important information from lengthy email threads.
    • In Microsoft Teams, you can capture key points from meetings, organize action items, and help manage collaborative projects more efficiently.
    • Copilot Chat turns your organizational content into a rich database of information and insight, enabling you to collaborate with Copilot like a partner to perform tasks in a single interface.
    • Use agents to make Copilot your own. Easily build an agent right in Copilot Chat or SharePoint with agent builder and explore agents pre-built for you.
    Explore Microsoft 365 Copilot

    Copilot is your AI assistant that frees up time for what matters most and transforms education experiences, bringing opportunity to life through customization.

    Enhancing efficiency with Copilot

    Microsoft 365 Copilot helps you balance strategic vision with day-to-day operations. Copilot puts thousands of skills at your command and can reason over all your content and context to take on any task using natural language—freeing you to focus on what matters most.

    Data-driven decision making

    Educational leadership increasingly demands evidence-based approaches to resource allocation, program evaluation, and strategic planning. Copilot helps you analyze complex data sets, identify meaningful patterns, and communicate your findings effectively to various stakeholders.

    Try these prompts:

    • Analyze this attendance data spreadsheet and identify any concerning patterns or trends that might require intervention.
    • Summarize the key findings from our quarterly assessment data and suggest three to five focus areas based on the results.
    • Write a data-informed narrative for our school board presentation that explains our resource allocation decisions for next year.

    Streamlining admin tasks and communication

    Education leaders often manage extensive communications, creating and reviewing documentation, and coordinating across departments. By using Copilot to streamline these tasks, you can spend less time on paperwork and more time on the people-focused aspects of leadership.

    Read how USF streamlined workflows

    Try these prompts:

    • Create a template for our weekly staff communication that includes sections for celebrations, important dates, and professional development opportunities.
    • Help me organize this folder of policy documents by creating an executive summary of each document with key points highlighted.
    • Draft a grant proposal outline based on our school improvement goals and the requirements in this funding announcement.

    Preparing presentations

    School leaders need to process large amounts of data and present findings in clear, impactful ways to support decision-making. Copilot can transform how you analyze and communicate educational data, helping you create meaningful visualizations and distill complex information into actionable insights that drive improvement.

    Try these prompts:

    • Help me create a slide that clearly shows the relationship between our new reading program implementation and student achievement scores.
    • Build a presentation about our school’s new academic programs and initiatives for tonight’s Alumni Donor event.
    • Turn the insights I prepared in this Word document into an 8-10 slide presentation for the conference I’m attending next week.

    Classroom-ready prompts for Copilot Chat

    Copilot Chat helps you tackle time-consuming and repetitive tasks so you can focus on what matters most. View links to sources, generate images, summarize or analyze files, and more. Get started with Copilot Chat for free with this collection of prompts designed to help you save time by streamlining your daily tasks.

    Try Copilot Chat today

    Lesson planning and curriculum development

    Creating engaging, standards-aligned lesson plans often requires hours of preparation time. Copilot Chat can generate structured frameworks, differentiate existing content, and help align materials with curriculum standards—all while preserving your unique teaching approach and classroom needs.

    Try these prompts:

    • Create a 7th-grade science lesson plan on photosynthesis that includes a hands-on activity, digital resources, and assessment options aligned with NGSS standards.
    • Transform my lecture notes on algebraic equations into an interactive lesson with think-pair-share activities and real-world application problems.

    Assessments and rubrics

    Developing varied assessments that accurately measure understanding across different learning levels is challenging and time intensive. Copilot Chat helps you create diverse question types, design clear rubrics, and craft personalized feedback to support student success.

    Try these prompts:

    • Create a rubric for assessing a persuasive essay from 10th-grade students, with criteria for argument structure, evidence quality, and mechanics.
    • Draft three versions of constructive feedback for students who struggle with supporting their arguments with evidence in their history essays.

    Content personalization

    Educational research consistently shows that addressing different learning styles improves engagement and retention. Copilot Chat helps you transform existing materials to meet different learning needs.

    Try these prompts:

    • Convert this text explanation of the water cycle into a visual learning aid with minimal text for visual learners.
    • Adapt this worksheet on fractions to make it more accessible for students with dyslexia, including font and layout recommendations.

    Communication

    Clear, consistent communication with caregivers and colleagues is essential but often time-consuming. Copilot Chat helps you craft professional messages, summarize student progress, and prepare for conferences with organized, actionable information.

    Try these prompts:

    • Help me organize student data from this spreadsheet into a narrative format I can use during parent-teacher conferences, highlighting strengths and growth areas.
    • Create a template for weekly classroom updates that I can send to families, with sections for curriculum highlights, upcoming events, and celebration moments.

    Get started with Copilot

    When introducing Copilot to your institution, consider starting with a small pilot group of educators who can explore its capabilities and develop best practices before you move forward with wider implementation. This approach allows your organization to identify the most valuable use cases and identify training opportunities.

    To help you and your team build competency with AI and Copilot, check out these resources:

    Ready to explore how you can transform your workflows with a powerful AI assistant? Get started with Copilot today.

    MIL OSI Economics

  • MIL-OSI Economics: Soundtrack to South of Midnight, woven into gameplay, now available

    Source: Microsoft

    Headline: Soundtrack to South of Midnight, woven into gameplay, now available


    MIL OSI Economics

  • MIL-OSI Economics: Enhance Your Lifestyle & Home with Samsung’s A Better Life Campaign

    Source: Samsung

     
     
    Samsung has launched its annual lifestyle campaign – A Better Life with Samsung, which focuses on improving the everyday lives of its customers through Samsung’s multi-device experience. This campaign is centred around the idea that Samsung products are not just about function, but about making life better, convenient, efficient and more enjoyable.
     
    Samsung’s diverse range of products serve as an enabler for improving customer’s daily experiences. From cutting edge home appliances, to stylish and immersive TVs, efficient air conditioners and productivity boosting monitors, Samsung’s line-up empowers users to elevate and enhance their lifestyles with convenience, comfort and stylish innovation. These products and experiences are tailored to elevate daily living, blending innovation with style for a premium experience. In addition, Samsung’s product offerings aim to enhance convenience, enjoyment and overall well-being.
     
    For eleven consecutive years, the company has held its ground as a trailblazer in the global soundbar market. This is according to market research firm FutureSource Consulting that confirmed that Samsung captured a global market share of 20.1% in revenue and 18.4% in sales volume in 2024, further strengthening its top position in the premium audio industry since 2014. This is due to the fact that Samsung has continuously raised the bar for home entertainment systems over the years, earning its soundbars a reputation for superior sound quality and ground-breaking innovation.
     
    And, it doesn’t stop there. For 19 consecutive years, Samsung managed to secure its position as the global pioneer in the TV market. Samsung has, over the years, managed to continuously standout in the market and this is due to the high-end features, design and durability of its product. And, in an effort to improve the lives of users in South African homes and beyond – Samsung added 10 more years to its initial 10-year warranty on key components on selected appliances.
     
    The 20-year warranty[1] on the Digital inverter compressor[2], in particular is a testament of the reliability in Samsung fridges that are able to offer silent durability and energy efficiency. The two decades of warranty now offered to local consumers, is clear evidence of Samsung’s devotion to providing high-quality and durable appliances that stand the test of time.
     
    Importantly, Samsung’s renowned commitment to energy-saving goals is also evident in products like the Bespoke refrigerator, which monitors and controls energy consumption through SmartThings. The WindFree air conditioner’s motion-detecting eco-cooling optimises power usage, contributing to overall household energy efficiency.
     
    All of these technological innovations and accolades have, over the years reaffirmed Samsung’s products as the ideal choice for enhancing the lives of consumers — from transforming entertainment experiences to creating a seamless and enjoyable daily routine. Products such as The Frame, The Music Frame, The Serif, Neo QLED and OLED TVs, The Freestyle and the premium Soundbar, redefine home entertainment by providing beauty and immersive audio visual experiences that could take your leisure time to new heights.
     
    So, in a world where technology increasingly shapes our daily lives – Samsung is committed to helping customers enhance their productivity, entertainment as well as potentially improving their health and well-being. The Samsung brand is well known for its reputation for excellence and its commitment to providing exceptional customer experiences.
     
    The Better Life lifestyle campaign complemented by the innovation, premium quality and integration of all these products made possible by SmartThings, make Samsung an ideal fit and an ultimate choice for customers who want to live a better life. For more information, go to www.samsung.com/za
     
    Disclaimer:
    [1] . The 20-year warranty is only applicable to the inverter motors and compressors in refrigerators, washers and dryers sold in the E.U. starting in July 2022 in addition to Digital Inverter Motors and Compressors found in refrigerators and washers sold in the U.S.[2]20-year warranty on Digital Inverter Technologies (motor/compressor) only applies to refrigerators and washing machines manufactured by Samsung and subcontracted manufacturers. 20-year warranty does not apply to any outsourced products.

    MIL OSI Economics

  • MIL-OSI Economics: Oracle Database@Azure adds support for Base Database Service, Exadata Exascale and more

    Source: Microsoft

    Headline: Oracle Database@Azure adds support for Base Database Service, Exadata Exascale and more

    Oracle customers of all sizes rely on Oracle databases to run their mission-critical workloads, from financial systems to global supply chains. As they navigate digital transformation, they want to modernize their databases and applications in the cloud while enabling advanced AI, real-time analytics, and automation. That’s why Microsoft and Oracle partnered to create Oracle Database@Azure – and now we’re adding more options to serve customers of all sizes with Oracle Base Database Service coming soon and Exadata Exascale now generally available. Additionally, we’re expanding our regional availability for Oracle Database@Azure to the East US 2 region and adding important networking enhancements. 

    Oracle Base Database Service – coming soon!

    Not every database workload requires extreme performance. Some businesses need a simple, cost-effective way to run Oracle databases in Azure—without the overhead of managing infrastructure. 

    We are pleased to announce that Oracle Base Database Service will soon be available on Oracle Database@Azure. Base Database Service will run Oracle Database Enterprise Edition and Standard Edition 2 versions of 19c and 23ai on virtual machines. It offers automated database lifecycle management for reduced administration, low-code application development for faster deployment, and independently scalable compute and storage with pay-as-you-go pricing for flexible workload demands. 

    Base Database Service provides a low-friction, cost-effective entry point to Oracle Database@Azure so Oracle database customers can scale effortlessly and unlock agility in the cloud. 

    Exadata Database Service on Exascale Infrastructure is now generally available 

    Now workloads of any size can benefit from the performance, reliability, and availability benefits of high performance Exadata infrastructure with Exadata Database Service on Exascale Infrastructure running in Azure datacenters. 

    By leveraging Exascale’s intelligent data architecture, businesses can reduce infrastructure costs, making high-performance Oracle databases more accessible. Its highly elastic, cost-efficient solution enables organizations of any size to balance automation with control, and optimize AI, analytics, and transactional workloads. 

    Azure customers can purchase Oracle Exadata Database Service on Exascale Infrastructure through the Azure Marketplace via a custom private offer or pay-as-you-go model, with the option of using Microsoft Azure Consumption Commitment (MACC). Existing Oracle Database customers can also bring their own license (BYOL) or use Unlimited License Agreements (ULAs).  

    With Exascale infrastructure, organizations only pay for the compute and storage resources used starting with a highly affordable minimum size—all within Azure’s trusted cloud ecosystem.

    Other announcements 

    In addition to the support for new Oracle database services, we’re proud to announce more capabilities and choice for our customers. 

    Bringing Oracle Database@Azure to East US 2 

    We’re pleased to announce the expansion of Oracle Database@Azure availability to the East US 2 region of Azure. With this addition,  

    Oracle Database@Azure is now available in 14 regions globally which is the highest amongst all hyperscalers – Australia East, Brazil South, Canada Central, East US, East US 2, Central US, France Central, Germany West Central, Italy North, Japan East, Southeast Asia, UK South, UK West and West US.  

    By the end of 2025, the service will expand to 18 additional regions, enhancing scalability and resilience worldwide. Eight multi-zone regions will include Central India, North Europe, South Central US, Spain Central, Sweden Central, UAE North, West US 2, and West US 3. 10 single-zone regions will include Australia Southeast, Brazil Southeast, Canada East, France South, Germany North, Japan West, North Central US, South India, West Europe, and UAE Central.  

    Microsoft is the only cloud provider offering a unique combination of multi- and single-zone regions to offer Oracle Maximum Availability Architecture (MAA) at Silver, Gold, and Platinum tiers for the highest levels of availability, disaster recovery, failover, and operational continuity. The global expansion of Oracle Database@Azure will continue to support alignment with Microsoft’s best practices for Disaster Recovery. For more details, please refer to Microsoft’s cross-region replication guidelines. https://learn.microsoft.com/en-us/azure/reliability/regions-paired 

    Supercharging Performance with Oracle Exadata X11M  

    To help customers get even more from their Oracle databases in Azure, we’re excited to announce that Oracle Exadata Database Service on Dedicated Infrastructure on Oracle Database@Azure now supports Oracle Exadata X11M. This next-generation architecture delivers significantly increased performance for your AI, analytics, and mission-critical workloads compared to the previous generation all without increasing infrastructure or consumption costs. 

    Enhanced networking capabilities for enterprise workloads 

    We’re continuing to enhance Oracle Database@Azure for enterprise workloads with new networking capabilities. With the addition of Network Security Groups (NSG), Private Link, Global Peering, and ExpressRoute FastPath, customers now benefit from enhanced security, higher performance, and improved connectivity to effortlessly integrate their Oracle databases with Azure services and infrastructure. 

    • Network Security Groups (NSG): Enforce fine-grained security policies, allowing customers to control access to their Oracle databases with ease. 
    • Private Link: Enable private, secure connections between Azure services and Oracle Database@Azure, reducing exposure to the public internet and enhancing compliance. 
    • Global Peering: Provide quick, high-speed interconnectivity across multiple Azure regions, improving disaster recovery and cross-region data replication. 
    • ExpressRoute FastPath: 
      • Optimize networking performance with direct, ultra-low-latency connections between apps hosted on Azure VMware Solution (AVS) and databases on Oracle Database@Azure. 
      • Accelerate migrations from on-premises environments to Oracle Database@Azure, ensuring fast, easy data transfer for mission-critical workloads like real-time analytics and financial transactions. 

    With Oracle Database@Azure running on OCI in Azure datacenters, customers benefit from: 

    • Analytics and insights – Combine Oracle and non-Oracle data with Microsoft Fabric for unified analytics, including AI-driven insights via Copilot and visualization using PowerBI. 
    • Comprehensive Data Governance & Compliance – Leverage Microsoft Purview to ensure robust data governance, security, and compliance across Oracle databases and Azure services, enabling unified data discovery, classification, and policy enforcement. 
    • AI-Powered Innovation – Build scalable, intelligent applications using Azure App Service, AKS, Azure DevOps, and AI services like Azure AI Foundry, Azure OpenAI Service, and Azure Machine Learning. 
    • Enterprise-Grade Security– Strengthen enterprise security with Microsoft Sentinel (SIEM) for proactive threat detection and response, combined with Entra ID for robust identity protection and access management 
    • Seamless Cloud Migration & Integration – Simplify and accelerate Oracle database transitions to the cloud with Oracle Zero-Downtime Migration and Azure Migrate, ensuring seamless integration with native Azure services. 
    • Flexible & Cost-Effective Deployment – Benefit from OCI pricing parity, hybrid cloud connectivity, streamlined licensing, and enterprise agreements, ensuring predictable costs and procurement flexibility. 
    • Unified Support & High Availability – Enjoy joint Microsoft-Oracle enterprise-grade support, validated Maximum Availability Architecture (MAA) at Silver, Gold, and Platinum tiers, and built-in disaster recovery and failover protections. 
    • Future-Proof Cloud Architecture – Run Oracle workloads natively on Azure with a fully tested, validated, and supported cloud service from two of the most trusted names in enterprise computing. 

    Get Started Today 

    Now is the time to unlock new possibilities. Get started today and take your enterprise workloads to the next level with Oracle Database@Azure. 

    Contact your Microsoft sales team.  

    Visit https://aka.ms/oracle to learn more. 

    Learn how to migrate and manage your Oracle databases in Azure. 

     

    MIL OSI Economics

  • MIL-OSI Economics: Aleš Michl receives the award for the world’s best governor – the first in the history of the Czech Republic

    Source: Czech National Bank

    The prestigious international award for the world’s best governor goes to the Czech Republic for the first time in its history. It was awarded to Aleš Michl, Governor of the Czech National Bank. The international jury highlighted his extraordinary determination to reduce inflation and protect the value of money in the Czech Republic, thanks to which the CNB was one of the first central banks to return inflation to the 2% target. The jury also praised his forward-thinking and innovative approach to the issues that are currently shaping the financial world. The Governor of the Year award is presented as part of the international Central Banking Awards 2025, organised under the auspices of the renowned Central Banking magazine.

    The international jury recognised the successful strategy of CNB Governor Aleš Michl and the Bank Board under his leadership in setting monetary policy during a period of high inflation, a strategy that had previously been criticised by some media outlets and experts. In 2022, the Bank Board decided not to follow the recommendation of the CNB’s analytical model, which suggested raising the key interest rate to as high as 11% before cutting it sharply. Instead, the Bank Board repeatedly stated that its strategy was to keep interest rates at a sufficiently restrictive 7% for longer, while also emphasising a strong koruna, which reached record highs against the euro. All this was accompanied by consistent and open communication with the markets and the public.

    Thanks to this approach, inflation dropped from 17.5% in July 2022 to exactly 2% – the CNB’s inflation target, which was hit in February, March and June 2024. This was achieved even sooner than the two-year time frame Aleš Michl had promised upon his appointment as Governor. Headline inflation for 2024 stood at 2.4%, the lowest level since 2018, remaining within the CNB’s tolerance band throughout the year.

    “At a time of historic inflation, the Czech National Bank came together as one, committed to the very values we asked of society: slowing excessive money growth through discipline and savings. It was my honour and responsibility to lead this effort alongside the entire Bank Board. True leadership means making decisions today that honour the trust, hard work and savings of the people tomorrow,” says Governor Aleš Michl.

    The international jury also highlighted efforts to bolster returns on the CNB’s international reserves and reduce the volatility of its profit/loss by changing the composition of the international reserve portfolio and purchasing gold. The CNB is now halfway towards the gold holdings target set by Aleš Michl. In 1993, it held 60.7 tonnes of gold. By 2019, it had 8 tonnes, the lowest in its history. The gold had been sold off. By the end of 2024, the CNB had 51.2 tonnes in its vaults. The goal is to have 100 tonnes of gold in the international reserves by 2028 – and to keep this treasure for future generations.

    The judges also praised the successful cost savings made by the central bank with Aleš Michl at the helm – the CNB underwent the first comprehensive streamlining of its operations in ten years. The number of positions was cut by 5% compared to 2022. The number of managers reporting directly to the Bank Board was reduced from 17 to 14. During 2023 and 2024, the Board completely reviewed all work areas and processes to reduce bureaucracy in the CNB’s dealings with the market and internally.

    The new Bank Board inherited a cumulative loss of CZK 487 billion from its predecessor at the end of 2022. The Bank’s assets at the time had a low expected return, while its liabilities were paying high interest. In recent years, the Bank Board has therefore focused on bolstering the expected return on assets while diversifying the international reserve portfolio. Profits made in 2023 and 2024 have reduced the cumulative loss substantially.

    The jury assessed Governor Ales Michl’s support for the instant payment system as an innovative approach. Thanks to the active role of the CNB, 90% of banks on the Czech market have joined this system. Their clients can send and receive payments in real time, in a matter of seconds. This step has greatly increased the competitiveness and efficiency of the Czech financial market and confirmed the CNB as an innovative leader in the modernisation of the country’s financial infrastructure.

    Last but not least, the jury hailed the CNB’s actions in resolving the insolvency of Sberbank CZ. Clients of the failed Sberbank got their money back thanks to the CNB’s active role and oversight of the process as a member of the creditors’ committee. The insolvency proceedings can thus be described with no exaggeration as the most successfully managed in history. Clients have so far recovered 95% of their guaranteed deposits, with the remainder to be paid once legal issues are resolved.

    The prestigious Central Banking Awards 2025 recognise excellence and innovation in central banking. Winners are decided by a jury composed of selected members of the Central Banking editorial team and an advisory board. The awards are now in their twelfth year. The Central Banking Awards 2025 winners in all categories will receive their awards at a ceremony to be held in London on 11 June 2025.

    Jakub Holas
    Director, CNB Communications Division

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on The Karnataka Co-operative Bank Ltd., Muddebihal, Karnataka

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 18, 2025, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Karnataka Co-operative Bank Ltd., Muddebihal, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Priority Sector Lending (PSL) – Targets and Classification’ and specific directions issued by RBI on making contribution to Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The bank was directed by RBI through specific direction to deposit a certain amount in the MSE Refinance Fund administered by Small Industries Development Bank of India (SIDBI) against the shortfall in achievement of PSL target for the Financial Year (FY) 2022-23. On failure to deposit the specified amount, a cautionary letter was issued by RBI advising the bank to deposit the specified amount, but the bank failed to deposit the same. Based on the above-mentioned non-compliance and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the RBI directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had failed to deposit the prescribed amount in the MSE Refinance Fund maintained with SIDBI against the shortfall in achievement of PSL target for FY 2022-23 even after the issuance of cautionary letter.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2427

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on The Karaikudi Co-operative Town Bank Ltd., Tamil Nadu

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 18, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Karaikudi Co-operative Town Bank Ltd., Tamil Nadu (the bank) for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had sanctioned fresh loans and advances, in non-adherence to directions under SAF, which were (a) beyond the applicable single and group borrower exposure limits; and (b) not backed by collateral security of term deposits/NSCs/KVPs/insurance policies.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2425

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on The Karimnagar Co-operative Urban Bank Ltd., Telangana

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 18, 2025, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on The Karimnagar Co-operative Urban Bank Ltd., Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Priority Sector Lending (PSL) – Targets and Classification’ and specific directions issued by RBI on making contribution to Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The bank was directed by RBI through specific direction to deposit a certain amount in the MSE Refinance Fund administered by Small Industries Development Bank of India (SIDBI) against the shortfall in achievement of PSL target for the Financial Year (FY) 2022-23. On failure to deposit the specified amount, a cautionary letter was issued by RBI advising the bank to deposit the specified amount, but the bank failed to deposit the same. Based on the above-mentioned non-compliance and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the RBI directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had failed to deposit the prescribed amount in the MSE Refinance Fund maintained with SIDBI against the shortfall in achievement of PSL target for FY 2022-23 even after the issuance of cautionary letter.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2426

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on Sind Co-operative Urban Bank Ltd., Telangana

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 18, 2025, imposed a monetary penalty of ₹1.30 lakh (Rupees One Lakh Thirty Thousand only) on Sind Co-operative Urban Bank Ltd., Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Priority Sector Lending (PSL) – Targets and Classification’ and specific directions issued by RBI on making contribution to Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The bank was directed by RBI through specific direction to deposit a certain amount in the MSE Refinance Fund administered by Small Industries Development Bank of India (SIDBI) against the shortfall in achievement of PSL target for the Financial Year (FY) 2022-23. On failure to deposit the specified amount, a cautionary letter was issued by RBI advising the bank to deposit the specified amount, but the bank failed to deposit the same. Based on the above-mentioned non-compliance and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the RBI directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had failed to deposit the prescribed amount in the MSE Refinance Fund maintained with SIDBI against the shortfall in achievement of PSL target for FY 2022-23 even after the issuance of cautionary letter.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2428

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on Sreenivasa Padmavathi Co-operative Urban Bank Ltd., Telangana

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 18, 2025, imposed a monetary penalty of ₹1.20 lakh (Rupees One Lakh Twenty Thousand only) on Sreenivasa Padmavathi Co-operative Urban Bank Ltd., Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Priority Sector Lending (PSL) – Targets and Classification’ and specific directions issued by RBI on making contribution to Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The bank was directed by RBI through specific direction to deposit a certain amount in the MSE Refinance Fund administered by Small Industries Development Bank of India (SIDBI) against the shortfall in achievement of PSL target for the Financial Year (FY) 2022-23, but the bank failed to deposit the same. Based on the above-mentioned non-compliance and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the RBI directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had failed to deposit the prescribed amount in the MSE Refinance Fund maintained with SIDBI against the shortfall in achievement of PSL target for FY 2022-23.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2429

    MIL OSI Economics

  • MIL-OSI Economics: AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN CARTIER RESOURCES INC.

    Source: Agnico Eagle Mines

    Stock Symbol:  AEM (NYSE and TSX)

    TORONTO, March 20, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) announced today that it has agreed to subscribe for 20,770,000 units (“Units”) of Cartier Resources Inc. (“Cartier”) in a non-brokered private placement at a price of C$0.13 per Unit for total consideration of C$2,700,100 (the “Private Placement”). Each Unit is comprised of one common share of Cartier (a “Common Share”) and one common share purchase warrant of Cartier (each, an “Offering Warrant”). Each Offering Warrant entitles the holder to acquire one Common Share at a price of C$0.18 for a period of five years following the closing date of the Private Placement, subject to acceleration in certain circumstances. Closing is expected to occur on or about April 10, 2025 and is subject to certain conditions.

    Agnico Eagle currently owns, or exercises control and direction over, an aggregate of 97,022,944 Common Shares and 7,000,000 Common Share purchase warrants entitling Agnico Eagle to acquire 7,000,000 Common Shares (the “Existing Warrants”), representing approximately 26.6% of the issued and outstanding Common Shares on an undiluted basis and 28.0% of the issued and outstanding Common Shares on a partially-diluted basis (assuming the exercise of the Existing Warrants). On closing of the Private Placement, assuming that 39,432,000 Common Shares are issued by Cartier in connection with the concurrent “best efforts” private placement offering announced by Cartier, Agnico Eagle will own 117,792,944 Common Shares, 20,770,000 Offering Warrants and 7,000,000 Existing Warrants, representing approximately 27.7% of the issued and outstanding Common Shares on an undiluted basis and approximately 32.2% of the Common Shares on a partially-diluted basis (assuming the exercise of the Existing Warrants and Offering Warrants held by Agnico Eagle).

    Agnico Eagle and Cartier were party to an amended and restated investor rights agreement dated May 20, 2022 (the “Existing Agnico IRA”), pursuant to which Agnico Eagle was entitled to certain rights (subject to maintaining certain ownership thresholds), including: (a) the right to participate in certain equity financings by Cartier in order to acquire up to a 19.97% ownership interest in Cartier; and (b) the right to nominate one person (and in the case of an increase in the size of the board of directors of Cartier to 10 or more directors, two persons) to the board of directors of Cartier. In addition, Agnico Eagle Abitibi Acquisition Corp. (successor to O3 Mining Inc.), an indirect wholly-owned subsidiary of Agnico Eagle, and Cartier were party to an investor rights agreement dated April 21, 2022 (the “Existing O3 IRA”), pursuant to which Agnico Eagle Abitibi Acquisition Corp. was entitled to certain rights (subject to maintaining certain ownership thresholds), including: (i) the right to participate in certain equity financings by Cartier in order to maintain its then-current ownership interest in Cartier; and (ii) the right to nominate one person to the board of directors of Cartier.

    Immediately prior to entering into the subscription agreement in respect of the Private Placement, the Existing O3 IRA was terminated and the Existing Agnico IRA was amended and restated in order to, among other things: (a) increase the ownership interest ceiling in the participation right and top-up right from 19.97% to the greater of Agnico Eagle’s pro rata ownership interest in Cartier at the applicable time and 32%; (b) amend the nomination right to permit Agnico Eagle to nominate between one and three individuals to the board of directors of Cartier (based on certain ownership thresholds and the size of the board of directors of Cartier); and (c) grant Agnico Eagle demand registration and piggy-back registration rights in respect of the potential sale of Common Shares by Agnico Eagle.

    Agnico Eagle is acquiring the Common Shares and Offering Warrants for investment purposes. Depending on market conditions and other factors, Agnico Eagle may, from time to time, acquire additional Common Shares, common share purchase warrants or other securities of Cartier or dispose of some or all of the Common Shares, Offering Warrants, Existing Warrants or other securities of Cartier it owns at such time.

    An early warning report will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:

    Agnico Eagle Mines Limited
    c/o Investor Relations
    145 King Street East, Suite 400
    Toronto, Ontario M5C 2Y7
    Telephone: 416-947-1212
    Email: investor.relations@agnicoeagle.com

    Agnico Eagle’s head office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7. Cartier’s head office is located at 1740, chemin Sullivan, bureau 1000, Val d’Or, Québec J9P 7H1.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    Forward-Looking Statements

    The information in this news release has been prepared as at March 20, 2025. Certain statements in this news release, referred to herein as “forward-looking statements”, constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as “may”, “will” or similar terms.

    Forward-looking statements in this news release include, without limitation, statements relating to the expected closing of the Private Placement (including the expected closing date), Agnico Eagle’s ownership interest in Cartier upon closing of the Private Placement and Agnico Eagle’s acquisition or disposition of securities of Cartier in the future.

    Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Other than as required by law, Agnico Eagle does not intend, and does not assume any obligation, to update these forward-looking statements.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-announces-additional-investment-in-cartier-resources-inc-302406980.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics

  • MIL-OSI Economics: Airbus Canada déploie le carburant d’aviation durable permettant 100 % de la capacité SAF dans tous les centres de livraison du monde

    Source: Airbus

    Headline: Airbus Canada déploie le carburant d’aviation durable permettant 100 % de la capacité SAF dans tous les centres de livraison du monde

    La première livraison de carburant aviation durable (CAD ou SAF en anglais) a récemment eu lieu sur le site A220 d’Airbus Canada, permettant aux équipes de Mirabel d’utiliser le SAF pour les vols de production, d’acceptation par les clients et d’essai.

    MIL OSI Economics

  • MIL-OSI Economics: Experience Awesome Intelligence with the Galaxy A36 and A56

    Source: Samsung

    The Samsung Galaxy A Series is built for performance, durability, and security, offering an optimised experience for all your needs.
     
    Introducing the Samsung Galaxy A56 5G and Galaxy A36 5G – smartphones that combine powerful performance and cutting-edge features for an amazing user experience. Both models feature Samsung’s Awesome Intelligence, making everyday tasks easier with tools like Circle To Search and Music Search, powered by AI.
     
    Capture stunning photos with the Awesome Camera: a 50MP OIS main camera on both devices, plus a 12MP Ultra-Wide on the A56 and 8MP Ultra-Wide on the A36. Both offer Nightography for excellent low-light shots and the Object Eraser tool to remove unwanted elements.
     
    In performance, the Galaxy A56 5G is powered by the Exynos 1380 processor, while the A36 5G uses the Snapdragon 6 Gen 3 chipset, ensuring smooth multitasking and gaming. The 6.7-inch display with 1200 nits provides vibrant visuals, even in direct sunlight.
     
    Both phones are IP67 water and dust resistant and feature 45W fast charging. With six generations of OS upgrades and six years of security updates, they’re designed to last.
     

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Chairman of the Institute of Strategic and International Studies (ISIS) Malaysia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with the Chairman of the Institute of Strategic and International Studies (ISIS) Malaysia, Datuk Prof. Dr. Mohd Faiz Abdullah, at the ISIS Malaysia office in Kuala Lumpur, Malaysia. During their meeting, Dr. Kao highlighted the important role that Track 2 Institutions such as ISIS Malaysia could play in regional diplomacy, particularly in supporting of Malaysia’s ASEAN Chairmanship priorities this year through platforms such as the annual Asia-Pacific Roundtable (APR).

    The post Secretary-General of ASEAN meets with the Chairman of the Institute of Strategic and International Studies (ISIS) Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Deputy Secretary-General of ASEAN for Community and Corporate Affairs receives courtesy call from New Zealand Ambassador to ASEAN

    Source: ASEAN

    Deputy Secretary-General of ASEAN for Community and Corporate Affairs, H.E. Nararya Sanggramawijaya Soeprapto, receives Ambassador of New Zealand, H.E. Joanna Anderson, at the ASEAN Headquarters/ ASEAN Secretariat today. DSG Nararya expressed appreciation to Ambassador Andersen for the courtesy call at the start of her tenure in ASEAN. During their discussion, DSG Nararya provided an overview of CCAD and discussed ongoing cooperation between ASEAN and New Zealand, as well as potential support for the upcoming ASEAN-New Zealand Plan of Action 2026-2030.

    MIL OSI Economics

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on March 20, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 1,50,000
    Total amount of bids received (in ₹ crore) 1,24,009
    Amount allotted (in ₹ crore) 1,24,009
    Cut off Rate (%) 6.26
    Weighted Average Rate (%) 6.26
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2421

    MIL OSI Economics

  • MIL-OSI Economics: [Video] Samsung Teases ‘AI Home Experience’ Ahead of “Welcome to Bespoke AI” Event

    Source: Samsung

    ▲ Samsung Electronics’ new Bespoke AI product lineup
     
    On March 26, Samsung Electronics will hold “Welcome to Bespoke AI” in Seoul, Korea, where it will unveil its latest home appliance lineup and strategy for the year, under the theme of “Home Living Made Simple.”
     
    JH Han, Vice Chairman and CEO of Samsung Electronics, will take the stage as the keynote speaker, introducing Samsung’s vision and strategy for the “AI Home” as well as a wide range of new Bespoke AI products for the global market.
     
    Ahead of the upcoming event, Samsung released a teaser video. The video features a smartphone, a refrigerator and a washing machine connected to SmartThings, highlighting the convenience of Samsung’s AI Home, where AI-connected devices work together seamlessly.
     
    More information about these new products can be found on Samsung Newsroom and Samsung.com starting March 26.
     

    ▲ Samsung Electronics unveiled a teaser video ahead of the ‘Welcome to Bespoke AI’ event.

    MIL OSI Economics

  • MIL-OSI Economics: From Sydney Harbour to the Oscars: How the Galaxy S25 Series Launched Around the World

    Source: Samsung

    To introduce the Galaxy S25 series to the world, Samsung Electronics launched a series of bold and immersive marketing campaigns across key markets — each designed to showcase the flagship lineup’s AI-powered next-generation capabilities. From an interactive watercraft experience in Australia and a metro station rebrand in Chile to a laser show in Malaysia and an esports tournament in India, these activations brought the Galaxy S25 experience directly to consumers through dynamic and engaging events.
     
    Samsung Newsroom explores some of the standout campaigns that marked the arrival of the Galaxy S25 series worldwide.
     
     
    [Australia] Elevating Morning Commutes With the Galaxy Go Fleet
    
     
    In Australia, Samsung launched the Galaxy Go Fleet — a fleet of custom-branded watercraft that transformed daily commutes across Sydney Harbour and the Brisbane River into an interactive Galaxy S25 experience. Passengers on board had the opportunity to test key Galaxy AI features, including Now Brief and Audio Eraser, and experienced firsthand how the Galaxy S25 series helps them start and navigate their day with ease.
     
     
    [Peru] Introducing the Galaxy AI Train on Lima Metro’s Line 1

     

    View this post on Instagram

     
    A post shared by Samsung Perú (@samsungpe)

     
    Samsung Peru became the first tech company in Peru to rebrand a metro train by introducing the Galaxy AI Train on Lima Metro’s Line 1, a key transportation route serving over 500,000 passengers daily. In celebration of the Galaxy S25 series launch, passengers received exclusive metro cards and promotional goods — further enriching their unique transportation experience.
     
     
    [Chile] Transforming Tobalaba Metro Station and Illuminating Santiago’s Night Sky

     
    Samsung Chile made its mark in Santiago with two high-profile activations to celebrate the launch of the Galaxy S25 series. Tobalaba Metro Station, one of the city’s busiest transit hubs, was officially renamed “Galaxy AI” — immersing daily commuters in the Galaxy S25 experience.
     
    
     
    The celebrations continued with a spectacular drone light show where over 300 drones illuminated Santiago’s night sky with stunning visual arrangements alluding to Galaxy AI and the Galaxy S25 series. The synchronized performance mesmerized spectators, turning the city skyline into a dazzling tribute to Samsung’s latest mobile innovations.
     
     
    [United States] Bringing Stunt Action to the Oscars With Galaxy AI

     
    In the U.S., Samsung celebrated the Galaxy S25 Ultra during the 2025 Oscars with two high-energy ads featuring stunt performers — developed in collaboration with Disney Advertising, ArtClass Content, Empire Stunts, Kimmelot, Maximum Effort, More Media and Really Original. The campaign highlighted the Galaxy S25 Ultra’s advanced AI-powered video-editing capabilities such as Audio Eraser, a feature that removes unwanted background noise. By demonstrating how Galaxy AI enhances both professional filmmaking and everyday content creation, the initiative put stunt professionals in the spotlight — recognizing their contributions to the industry while showcasing Samsung’s state-of-the-art mobile technology.
     
     
    [United Kingdom] Celebrating Everyday Moments With a Personal Touch

     

    View this post on Instagram

     
    A post shared by Samsung UK (@samsunguk)

     
    Samsung U.K. embraced a more personal approach by highlighting how the Galaxy S25 Ultra enhances daily life. Through engaging social media content created in collaboration with Anaïs Gallagher and Molly Moorish-Gallagher, Samsung demonstrated the Auto Trim feature, which allows users to effortlessly edit their favorite video clips and even generate highlight reels. Additionally, the campaign illustrated how the Galaxy S25 Ultra, through the Now Brief feature, integrates itself into users’ bedtime routines by providing personalized updates and content — thereby helping them wind down more easily after a busy evening.
     
     
    [Malaysia] Lighting Up Kuala Lumpur With Fireworks and Laser Beams

     
    Samsung Malaysia celebrated the arrival of the Galaxy S25 series with spectacular fireworks and a laser show over the Merdeka 118 tower. In addition, Samsung hosted the Edit & Win contest — inviting participants to creatively edit a fireworks image using Galaxy AI’s many tools for a chance to win a Galaxy S25 Ultra.
     
     
    [Brazil] Capturing São Paulo From the Sky With the Galaxy S25 Ultra

     
    In Brazil, Samsung launched a unique experience at Sampa Sky, São Paulo’s highest observation deck accessible to the public. Suspended 150 meters above ground level, visitors had the opportunity to capture breathtaking views of the city skyline with unparalleled clarity and detail using the Galaxy S25 Ultra’s 200MP main camera and AI-enhanced 100x space zoom. The campaign also showcased Galaxy AI’s advanced editing tools, demonstrating how users can seamlessly refine and enhance their shots.
     
     
    [Italy] Pushing the Galaxy S25 Ultra to the Limit in the Dolomites
    
     
    Samsung Italy hosted the Galaxy Wintercamp in the Dolomites where nine athletes and creators spent three days pushing the Galaxy S25 Ultra to its limits in extreme alpine conditions. Participants used Now Brief to optimize their planning and employed the device’s 200MP camera and AI-enhanced photography tools to capture breathtaking ski descents, tricks and ice performances.
     
     
    [India] Taking Center Stage at the #PlayGalaxy Cup

     
    In India, Samsung hosted the third edition of the #PlayGalaxy Cup — one of the biggest esports events in the country. The tournament saw India’s top gamers compete against one another using the Galaxy S25 Ultra, allowing them to experience the device’s advanced display, next-level processing power and AI-driven gaming enhancements firsthand. Streamed live, the competition demonstrated how the Galaxy S25 series is designed to meet the demands of high-intensity gameplay while delivering a smooth, immersive experience.
     
     
    [Thailand] Bringing Star Power to the Launch in Bangkok

     
    Samsung Thailand celebrated the Galaxy S25 series launch with the Galaxy S25 | Here AI am Music Fest, a high-energy event featuring celebrities, influencers and fan activities. Attendees enjoyed interactive games with #TeamGalaxy stars and tested the latest Galaxy AI features. The night culminated in a blue carpet walk and an AI-powered concert where Galaxy AI helped curate the show with a blend of music, technology and entertainment.

    MIL OSI Economics

  • MIL-OSI Economics: Members discuss role of digital industrialization, technology transfer in enhancing e-commerce

    Source: WTO

    Headline: Members discuss role of digital industrialization, technology transfer in enhancing e-commerce

    Members raised various enablers of digital industrialization, including connectivity, the availability of both digital and physical infrastructure, digital skills development, the regulatory environment and capacity building. Members also presented examples of how regional cooperation and partnerships can promote digital trade and technology transfer to developing economies in key areas such as payment services, cybersecurity, capacity building and bridging the digital divide.
    The WTO’s role in collaborating with development partners and international organizations was also discussed. Members recognized the importance of identifying technologies that can help bridge the digital divide as well as exploring financing opportunities that can help small and medium sized enterprises access digital trade.
    Members noted the need for tailored technical assistance to enhance expertise on e-commerce and related policies- They also underlined the importance of examining the impact of artificial intelligence (AI) on e-commerce, with a particular focus on areas such as data protection and intellectual property issues.
    The Facilitator, Ambassador Richard Brown of Jamaica, informed members that consultations will be held in June to gather members’ views on the way forward for the Work Programme, including actionable recommendations for the upcoming 14th Ministerial Conference (MC14). Additionally, he announced that the next dedicated session in April will address the role and impact of AI and frontier technologies on e-commerce.
    In May, members will have the opportunity to discuss the moratorium on imposing customs duties on electronic transmissions, building on discussions held by members late last year.

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    MIL OSI Economics

  • MIL-OSI Economics: Verizon named a Leader in Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide

    Source: Verizon

    Headline: Verizon named a Leader in Gartner® Magic Quadrant for Managed IoT Connectivity Services, Worldwide

    What you need to know:

    • Recognition as a Leader is based on a combination of “Ability to Execute” and “Completeness of Vision.”
    • According to the report, “Leaders invest in the future of IoT that includes a continuum of value from IoT edge devices to IoT platforms and related analytics. Leaders perform skillfully and often exceed expectations. They have a clear vision of the market’s direction and develop competencies to maintain their leadership. Leaders engage customers and provide value across multiple geographies. They shape the market, rather than follow it, and they often set the benchmark for market growth.”
    • The recognition follows Verizon’s earlier recognition as a 2024 Gartner® Peer Insights Customers’ Choice for IoT, reflecting ratings from customers and end-users of IoT services.

    NEW YORK – Verizon announced today that it has been recognized as a Leader in the Gartner Magic Quadrant for Managed IoT Connectivity Services, Worldwide. Recognition as a Leader is based on “Completeness of Vision” and “Ability to Execute” for managed IoT services.

    “We feel that this recognition of Verizon’s managed IoT connectivity services is a testament to the strength and completeness of our end-to-end IoT offering for customers of different industries, geographies and sizes,” said Daniel Lawson, SVP, Global Solutions and IoT, Verizon Business. “Our IoT connectivity offering — especially when integrated with other Verizon solutions and platforms like private 4G/5G, fixed wireless access, edge computing, and Sensor Insights — can help customers with data-driven automation in near-real time, asset tracking and monitoring, cybersecurity, quality control, and more. As we continue to strengthen our global IoT offerings and platforms, we look forward to further proliferating capabilities like these with business customers in the U.S. and abroad.”

    In June of 2024, Verizon was named as a 2024 Gartner® Peer Insights Customers’ Choice for IoT, reflecting feedback from Verizon customers and end users of its IoT services. Customers’ Choice vendors meet or exceed both the market average Overall Experience and the market average User Interest and Adoption.

    Verizon was also recently named a Leader in the first-ever Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services.

    Magic Quadrant Market Definition for IoT Connectivity Services

    Gartner defines managed IoT connectivity services as “a market that enables secured connectivity, data collection, analysis, and additional decision services. These services provide businesses with the ability to monitor, manage and control (manually and through automation) assets associated with business processes. This includes connected consumer, commercial, or industrial products.”

    According to the report, “Leaders invest in the future of IoT that includes a continuum of value from IoT edge devices to IoT platforms and related analytics. Leaders perform skillfully and often exceed expectations. They have a clear vision of the market’s direction and develop competencies to maintain their leadership. Leaders engage customers and provide value across multiple geographies. They shape the market, rather than follow it, and they often set the benchmark for market growth.”

    Evaluation Criteria

    For Ability to Execute, “Gartner evaluates vendors on the quality and efficacy of the processes, systems, methods or procedures that enable IT provider performance to be competitive, efficient and effective, and to positively impact revenue, retention and reputation within Gartner’s view of the market,” according to Gartner.

    Gartner puts “high” weighting on the following for Ability to Execute: Customer Experience, Product or Service, Sales Execution/Pricing, and Operations. “Medium” weighting is placed on Market Responsiveness/Record and Marketing Execution.

    For Completeness of Vision, “service providers on their ability to articulate logical statements convincingly about the market’s current and future direction, innovations, customer needs, and competitive forces, and on how well these correspond to Gartner’s position,” according to Gartner.

    Gartner evaluation criteria puts “high” weighting on the following for Completeness of Vision: Market Understanding, Sales Strategy, Offering (Product) Strategy, Vertical/Industry Strategy, Innovation, and Geographic Strategy. “Medium” weighting is placed on Marketing Strategy and Business Model.

    Read the full report.

    Learn more about managed IoT connectivity services.


    Gartner, Magic Quadrant for Managed IoT Connectivity Services, Worldwide; Pablo Arriandiago, Kameron Chao, Jon Dressel; March 11, 2025

    Gartner, Voice of the Customer for Managed IoT Connectivity Services, Worldwide, Peer Contributors, 22 March 2024

    Gartner, Magic Quadrant for 4G and 5G Private Mobile Network Services, Sylvain Fabre, Peter Liu, et al., 6 January 2025

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, PEER INSIGHTS and MAGIC QUADRANT are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

    MIL OSI Economics

  • MIL-OSI Economics: Verizon customers are the first in the US to enjoy satellite texting to any device with select Android smartphones

    Source: Verizon

    Headline: Verizon customers are the first in the US to enjoy satellite texting to any device with select Android smartphones

    NEW YORK – Verizon today announced a significant expansion of its satellite texting capabilities, enabling its customers to become the first in the US to send text messages to any other customer device via satellite when outside the reach of terrestrial cellular networks using select Android devices from the series of Samsung Galaxy S25 and Google Pixel 9 smartphones. Upgrades enabling this service start today and will continue over the next two weeks.

    “We are committed to powering the lives of our customers. Verizon’s network is America’s largest and already covers 99% of the places where people live, work and play. This expansion of satellite texting capabilities is a testament to our commitment to ensure customers stay connected wherever they are,” said Joe Russo, EVP & President, Global Network and Technology. “We know our customers expect more and we continue to innovate for them.”

    Verizon continues to push the boundaries of satellite and terrestrial telecommunications convergence. Satellites are no longer reserved for the extraordinary—they are woven into the everyday, and are being used to help connect and power customers’ lives. Verizon’s strategic approach to satellite integration extends beyond basic satellite-to-cellular messaging. This announcement comes on the heels of Verizon’s recent work testing data services and video calling via satellite connectivity. The company also utilizes satellite technology for various purposes, including providing reliable service in emergency situations through satellite-linked portable assets, using satellite connections as temporary backhaul for new cell sites, and providing satellite IoT capabilities for various industries.

    MIL OSI Economics

  • MIL-OSI Economics: Straight Talk and NASCAR Return for the Straight Talk Wireless 400™ with Groundbreaking NASCAR Pit Crew Member Brehanna Daniels

    Source: Verizon

    Headline: Straight Talk and NASCAR Return for the Straight Talk Wireless 400 with Groundbreaking NASCAR Pit Crew Member Brehanna Daniels

    MIAMI – Straight Talk Wireless, a leading prepaid brand covered by Verizon’s 5G network and sold at Walmart, is bringing the excitement back to the Homestead-Miami Speedway as the Straight Talk Wireless 400 NASCAR Cup Series race makes its highly anticipated return on Sunday, March 23. As the Entitlement Sponsor of the race and an Official Wireless partner of NASCAR, Straight Talk is delivering an unforgettable experience with exclusive access for fans both on and off the track.

    As part of this year’s “Real Unlimited Fan Experience,” Straight Talk Wireless partnered with Brehanna Daniels, the first ever Black female NASCAR Tire Changer and Cup Series pit crew member, in a social media campaign to bring a lucky fan (and three friends) closer to the action. Through the  #WintoWaveSweepstakes, Brehanna explained how fans could enter for a chance to win a VIP experience at the Straight Talk Wireless 400 —including:

    • Serving as the Honorary Starter and waving the Green Flag to kick off the race.
    • Circling the speedway at top speed and joining the drivers during the Drivers Meeting.
    • Walking Pit Lane and meeting their favorite drivers face-to-face.
    • Watching the race from the rooftop where the spotters work their magic, getting a peek inside the broadcast booth, and enjoying the race from premium seats.
    • After the checkered flag drops, the opportunity to be in Victory Lane and celebrate with the winner of the Straight Talk Wireless 400.

    “It is an honor to partner with Straight Talk Wireless, a brand that shares my passion for breaking barriers and creating unforgettable experiences,” said Brehanna Daniels. “Throughout my career, I’ve cherished connecting with the NASCAR community and building relationships through the sport. This partnership allows us to create unique opportunities for fans to engage with NASCAR and make lasting memories together.”

    “At Straight Talk Wireless, we believe in delivering real, unlimited experiences —just like our customers expect from their wireless service, said Nancy Clark, President of Verizon Value. As an official partner of NASCAR, we’re committed to making the sport more accessible to fans. Partnering with Brehanna Daniels makes this even more special –she’s a trailblazer, and together, we’re excited to offer our NASCAR-loving audience a unique chance to get closer to the action and create unforgettable memories.”

    More Ways to Experience The Excitement

    In addition to the #WinToWaveSweepstakes, fans can get in on the action early at the NASCAR® on Tour event presented by Straight Talk Wireless at Walmart. This high-energy tailgate will set the stage for the Straight Talk Wireless 400 with an unforgettable pre-race celebration at the Walmart store located at 13600 SW 288th St, in Homestead-Miami Speedway on Friday, March 21, from 3-7 pm.

    Fans can expect all the excitement of our in-store events —plus delicious food trucks, a live DJ, and special NASCAR driver appearances. Live music will cap off the night, taking the celebration to the next level, and making it the ultimate way to kick off race weekend.

    The “NASCAR on Tour” series, held exclusively in Walmart parking lots, brings fans closer to the sport across key markets, including Pennsylvania, Miami, Nashville, Charlotte, Atlanta, South Carolina, Wilkesboro and Augusta. For more information, visit www.straighttalkracingtour.com

    Tune in on Sunday, March 23rd on FOX Sports 1 at 3 pm ET to catch all of the exciting action of the Straight Talk Wireless 400. Don’t miss out on this incredible event—tickets are still available for purchase by phone at 1-866-409-7223 or online at www.homesteadmiamispeedway.com.

    For more information on Straight Talk Wireless, visit www.straighttalk.com.


    About Straight Talk Wireless

    Straight Talk Wireless provides quality no-contract wireless solutions to value-conscious consumers and is available exclusively at Walmart, Walmart.com, and Straighttalk.com.

    Straight Talk is part of the Verizon Value portfolio of prepaid brands, which includes Total Wireless, Visible, Tracfone, Simple Mobile, SafeLink, Walmart Family Mobile, and Verizon Prepaid.

    MIL OSI Economics

  • MIL-OSI Economics: Colombia formally accepts Agreement on Fisheries Subsidies

    Source: World Trade Organization

    DG Okonjo-Iweala said: “I am grateful for Colombia’s formal acceptance of the Agreement on Fisheries Subsidies. As an active participant in fisheries subsidies discussions at the WTO, Colombia has consistently demonstrated its commitment to advancing ocean sustainability and safeguarding the livelihoods of those who depend on it. Colombia’s ratification marks another important step as we work together to implement this historic agreement. I call on those members who have not yet ratified to swiftly follow suit — we only need 18 for the Agreement to enter into force and begin to deliver its benefits for people and the planet.”

    Ambassador Bustamante said: “Colombia’s formal acceptance of the WTO Agreement on Fisheries Subsidies symbolizes the country’s commitment to the conservation of marine resources, and the impetus for more sustainable and equitable fisheries within the framework of clear and predictable multilateral rules. This Agreement, the first in the history of the Organization to have an environmental and sustainability focus, establishes disciplines to limit high-seas subsidies, to intensify efforts to combat illegal, unreported and unregulated (IUU) fishing, and to reduce harmful subsidies that have a negative impact on fish stocks and marine ecosystems. The Agreement also recognizes the importance of preserving the regulatory space necessary to promote sustainable fisheries and support artisanal fishers, whose livelihood is directly dependent on the health of the oceans.”  

    “By depositing the instrument of ratification of the Agreement, Colombia not only reaffirms its commitment to sustainable development and the responsible management of fisheries resources but also contributes to the revitalization of a rules-based multilateral trading system, promoting greater certainty, transparency and fairness in global trade. This action reflects the country’s determination to contribute to the establishment of fairer conditions in the fisheries sector and in the adoption of trade practices aligned with the principles of sustainability and environmental conservation.” Ambassador Bustamente said.

    Colombia’s instrument of acceptance brings to 93 the total number of WTO members that have formally accepted the Agreement. Eighteen more formal acceptances are needed for the Agreement to come into effect. The Agreement will enter into force upon acceptance by two-thirds of the membership.

    Adopted by consensus at the WTO’s 12th Ministerial Conference (MC12), held in Geneva on 12-17 June 2022, the Agreement on Fisheries Subsidies sets new, binding, multilateral rules to curb harmful subsidies, which are a key factor in the widespread depletion of the world’s fish stocks. In addition, the Agreement recognizes the needs of developing economies and least-developed countries and establishes a fund to provide technical assistance and capacity building to help them implement the obligations.

    The Agreement prohibits subsidies for illegal, unreported and unregulated (IUU) fishing, for fishing overfished stocks, and for fishing on the unregulated high seas.

    Members also agreed at MC12 to continue negotiations on outstanding issues, with a view to adopting additional provisions that would further enhance the disciplines of the Agreement.

    The full text of the Agreement can be accessed here. The list of members that have deposited their instruments of acceptance is available here. Information for members on how to accept the Protocol of Amendment is available here.

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    MIL OSI Economics

  • MIL-OSI Economics: Podcast: Neuroscientist Anne-Laure Le Cunff on using AI to set and achieve goals

    Source: Microsoft

    Headline: Podcast: Neuroscientist Anne-Laure Le Cunff on using AI to set and achieve goals

    MOLLY WOOD: Today I’m talking to neuroscientist, educator, and writer Anne-Laure Le Cunff, who created the immensely popular Ness Labs newsletter, which she describes as an exploration of how we can learn how to experiment with ideas, explore creative projects, make better decisions, and reflect on your progress. She is also the author of the new book, Tiny Experiments: How to Live Freely in a Goal-Obsessed World. I cannot wait to hear more about this. She joined us to share insights on why goal setting is broken, how we can use experimentation to improve productivity, how our brains process uncertainty, and how AI can help optimize our approach to all of these areas. And now my conversation with Anne-Laure. Welcome.  

    ANNE-LAURE LE CUNFF: Thanks so much for having me.  

    MOLLY WOOD: So, I want to start with your newsletter and your book. You’ve written a lot about applying lessons from neuroscience and just the basic methodologies of scientific research to productivity and processes and decision making. What would you say are some of the key takeaways? 

    ANNE-LAURE LE CUNFF: It took me a long time to formulate it as I am going to give it to you right now. But the main insight that is covered is that we should always default to curiosity, whatever challenge we’re facing, whatever roadblock, whatever area of doubt. If you decide to approach it with curiosity, you’re not only going to find a solution faster, but it’s also probably going to be a lot more fun. 

    MOLLY WOOD: There’s also this phrase that kicks around in your work, mindful productivity. What can you say about that and why it’s so important for business leaders? As opposed to mindless productivity, which I think we can all understand. [Laughter

    ANNE-LAURE LE CUNFF: A lot of people are a bit confused about this term, mindful productivity. You feel like mindfulness, productivity, like, that doesn’t really go together. The way I explain it is to go back to the definition of mindfulness. Being mindful really just means paying attention without judgment. And that’s what mindful productivity is about. It’s about paying more attention to how you feel, to your output, but also to the experience of producing this output. Paying attention to the way you communicate with others, to the way you manage your time, your energy levels. And then without judgment, a little bit like a scientist, just asking yourself, what can I do better? What can I experiment with? What can I tweak? What can I approach differently? And how can I collaborate with others to be more productive without sacrificing my mental health?  

    MOLLY WOOD: I kind of flippantly said, we can all understand what mindless productivity is, but now I kind of want you to define that too. I think we’re going to understand it better in opposition.  

    ANNE-LAURE LE CUNFF: Yes, mindless productivity, I think, is best defined by the outcome. What happens when you do that, right? And it’s simply burnout, overwhelm, for a lot of people. And the reason why they don’t notice those early signs is because they are mindlessly grinding and hustling and going through their to-do lists and never paying attention to how they actually feel. The focus in mindless productivity is really just on the output itself, how efficient you are, how quickly you can produce the work, but not on all of the other factors that are incredibly important if you want your work and your pace to be sustainable.  

    MOLLY WOOD: Okay, so then we have these two frameworks, enter AI and a whole new level of conversation about productivity. How do you think AI will help us, or hinder us, in terms of fostering this idea of mindful productivity?  

    ANNE-LAURE LE CUNFF: That’s what I find fascinating with AI, is that depending on how you use it, it could really support either mindful productivity or mindless productivity. I like ending on a positive note, so let me start with mindless productivity and how, unfortunately, that might be the most tempting approach in terms of using AI. And that’s really just trying to get AI to do your job, whatever it is you’re doing, in a mindless way, trying to use it to replace you. In order to—again, that’s where the focus is, the focus is on output, right? You just want to produce your output, whatever it is, faster. You want to go through your to-do list faster. A mindful way of using AI to be more productive would be to collaborate with AI to figure out which tasks should be the priority, how to do them better, how you could collaborate with others to perform these tasks in ways that might have been difficult for you to imagine because you didn’t have access to all of that information. And so, in a way you can do your work better, not faster necessarily, but better. And I think to me, that’s the mindset shift that people need to have when it comes to AI: not seeing it as a tool to necessarily just be more productive, but just produce better work.  

    MOLLY WOOD: You know, at this moment, we’re talking about this kind of at the individual level. I wonder how this starts to rise up to leadership. How do business leaders foster exactly the kind of work and partnership that you’re talking about?  

    ANNE-LAURE LE CUNFF: To me, that’s only possible if we remove the sense of shame there is around using AI at the moment. In a lot of organizations, a lot of individuals still have to use AI in secret, where they will perform several tasks and they will manage to finish the presentation, do the three reports, code three applications in one weekend, come back on Monday and say that they did it all on their own, because there is, again, a sense of shame around the fact that you’re not able to do all of these things. And using AI kind of, you know, is sometimes perceived by people who haven’t really used it themselves as a way to take shortcuts. So, to me, in order to harness all of those benefits of AI at a team level, leaders need to make it very clear that it is okay to use AI. And even better than that: it’s encouraged to share with others how you’re using AI so everybody can learn together. And I would go as far as creating spaces for conversations where you ask people on your team, okay, how did you use AI this week? And can you share with the team? What did you learn? Did you discover anything new, anything cool that we could use as well? If you create this culture where AI is smart and a mindful use of AI is celebrated, then you are going to harness all of its benefits. Ultimately, this is a tool that can be used in lots of different ways. And if you want your team to learn faster and better how to use this tool, it’s better if everybody’s learning together rather than hiding the fact that they’re using it.  

    MOLLY WOOD: This also raises this question of this whole idea of, I think, a permission structure and support points to the fact that there is so much uncertainty and fear about this at the leadership level, and then certainly at the employee level. So talk about addressing that uncertainty so that we can create this support and permission.  

    ANNE-LAURE LE CUNFF: I think it’s useful first to understand why we fear uncertainty in the first place. It makes sense from an evolutionary perspective. Our brains were designed to help us survive. And so if you go back thousands of years, the more information you had, the more likely you were to survive. You needed to know who were the players, where the resources were, what was that weird noise in the bushes, right? Today in our world, our brains haven’t evolved that much. We also seek the sense of certainty. We want to feel like we know. We almost feel like we want to be able to predict the future, but obviously we can’t. Today’s world is changing so fast. Technology is evolving incredibly fast as well. Even us as individuals, we are exposed to so much information that we probably change faster also compared to our ancestors in terms of our identities, our values, and our desires. So the way our brain works, which was designed for survival, doesn’t work so well when what you want is not just to survive, but to actually thrive. And so just understanding this and saying, okay, thank you, brain. I know you’re trying to protect me, I understand that, but we’re actually not in great danger right now and we can actually explore and we can experiment. So I think that’s the first step, is just being okay with the fact that this is a natural response from your brain. And it’s okay if you’re feeling a little bit of anxiety when you’re in a situation that you don’t fully understand, which is the case right now in today’s world. And then the second stage is to kind of flip the script here, going back to what uncertainty is, which is a state of unknowing, you don’t have all of the information. That can actually be amazing. That can mean that you have a space for experimentation, you have a sense of possibility. Anything is possible. You can try new things and see what happens. What I recommend is to think about uncertainty like a scientist. When a scientist is faced with something they don’t understand, they don’t freeze. It’s the opposite. They look at it and they say, Huh, what can I learn from this? This is interesting. What kind of experiment could we design around this? And at an organizational level for leaders or individuals, just training yourself to approach uncertainty this way and saying, I don’t quite understand what’s going on here. I clearly don’t have all of the information. Things are changing very fast, but what can I learn? And what are some interesting possibilities that arise from the space of uncertainty?  

    MOLLY WOOD: I mean, I think a lot of leaders are realizing they can use AI as a thought partner to help them with their thinking, right? Like, they can use it to help them evaluate their decision making and their strategies and their priorities. Like, this is metacognition, right?  

    ANNE-LAURE LE CUNFF: Yeah, I actually write a lot about metacognition in my work, and I think this is a uniquely human skill that can actually be enhanced with AI. So, metacognition sounds like a fancy word, but all it means is thinking about thinking. And the reason why I say it’s a uniquely human skill is that we know that a lot of other animals are able to think, but we probably are the only ones that are able to observe our own thoughts, which is amazing, right? We can ask ourselves, why did I think that? Is that thought more logical than this other thought? What would happen if I shared that thought with another thinking being, and if we found the intersection of those two thoughts together? Those are the kind of things that only humans can do. And AI is amazing in the sense that instead of running around and trying to grab a colleague every time you have an interesting thought and you want to see what they think about it, you can just type it up or record it, record a voice note, and send it to an AI that will reply to you and help you. Basically, they will become this thinking partner for you and practice metacognition together.  

    MOLLY WOOD: You know, AI is getting good at cognitive work, and people are using AI as a thinking partner around ideation and creation. And there is fear and pushback around that. And I wonder, you know, how do we sort of continue to talk about this as an opportunity? 

    ANNE-LAURE LE CUNFF: To me, it’s actually really exciting what’s going to become possible with AI helping us with those cognitive tasks. And I think a useful parallel is to think about the discourse we had when the calculators were invented. It is absolutely true that a lot of people are not able anymore to make complex calculations just in their mind, right? You have to take a calculator and you type it up in there and you get the result. But now just look at how the world has evolved. Is that really a bad thing? Is that really something— 

    MOLLY WOOD: Not for me. 

    ANNE-LAURE LE CUNFF: Exactly. And I think that’s completely fine. And also, so this has allowed more people to be able to make those calculations because a lot of them would have not been able to make them in the first place. So that has given access to complex calculations to a lot of people who wouldn’t have that access otherwise. And second, it has also allowed us to work on much more complex projects that were enabled by the fact that we had access to those calculators. To me, AI is going to be the same. There are probably a lot of cognitive tasks that we’re not really going to perform anymore. But I think in a few decades, people from the next generations are going to look back on those tasks that we do today and feel like, I can’t believe you were spending all of that time on those tasks. When now we freed up that time and we’re able to actually focus on true human creativity.  

    MOLLY WOOD: I want to go back to the thing that you said about approaching problems like a scientist, because we are so at this stage right now where every day you find out a new thing that you can do—a new option, a new possibility. And that is experimentation and the process of experimentation, which can be anathema sometimes in business because it raises the prospect of failure or wasted time. So talk about the importance of thinking like a scientist at work.  

    ANNE-LAURE LE CUNFF: I want to first debunk an assumption that people may have when it comes to experimenting at work. When you embrace an experimental mindset, it doesn’t mean that you have to experiment with every single thing all at once, right? There might be areas of the business where things are actually working very well, and more of the same is the right approach. Having an experimental mindset is just about being intentional, about where you keep on doing things in the same way, and where you might benefit from reopening that experimental window and questioning your assumptions and just saying, is the way we’ve been doing things really the only way to do this, and is that the best way? And so what I would recommend in general, as part of a team, is to have a couple of experiments running at all time, but that doesn’t mean everything is an experiment. So, picking a few things where you say, actually, you know what, for the next quarter or the next semester, we’re going to approach this particular area of the business or product development in a slightly different way. And at the end, we’re going to look at the data together and decide whether we want to keep going, whether we want to tweak it, or whether that was actually not working really well for us and that’s it, but now we know. So that’s the first thing, just debunking that assumption. The second one is that when you start experimenting, your very definition of success and failure starts changing. Because when you have a very linear approach to work, and you say, this is the outcome, this is the milestone that we need to get to with this—again, the sense of clarity that, this is where we want to go. We have a clear vision, a clear plan, and we’re going to get there. So there is a very binary definition of success and failure. Either you get there or you don’t. When you experiment instead of trying to climb this ladder and get to that destination, instead the mental model is a growth loop. You are going through cycles of experimentation. That means that you don’t start from a specific milestone or destination. You start from a hypothesis or a research question. You notice something interesting where you’re not quite sure. There is some uncertainty around an area of the business, something that you’re curious about, and you say, what if, what if we did things differently? What if we tried that? And the only objective when you experiment is not to get to a specific destination, it’s to learn more, just like a scientist. They collect the data and they don’t try to get a specific result, they just want to learn more. That’s the mindset shift that you want to have here.  

    MOLLY WOOD: Got it. And just to repeat it, you call it a growth loop, like the idea that the more you repeat that process the bigger your loop gets, the bigger your knowledge set gets. 

    ANNE-LAURE LE CUNFF: Exactly. And I compare the mental model really of the ladder and the loop: the ladder with this clear destination where you climb and you try to get there, and the loop that where you keep on growing and you can trust the process. You are going to grow. You are going to expand your expertise and your knowledge, even though you don’t have a clear five-year plan. 

    MOLLY WOOD: Something about the way our brains work that you have talked about is what happens to your brain when you’re learning something new, and this phrase thirst for knowledge that I just want to capture from you because this is fascinating.  

    ANNE-LAURE LE CUNFF: Yeah, absolutely. They’ve conducted some fascinating research that shows that in primates’ brains, when we feel thirst for water, the exact same networks in our brains light up than when we feel thirst for knowledge. So when we say that we’re curious and we have this thirst for knowledge—the word thirst, there couldn’t be a better word to describe that feeling that we have.  

    MOLLY WOOD: What is one question you wish more people would ask you about neuroscience and its application to work and life? Like, why are we not thinking more about our brains?   

    ANNE-LAURE LE CUNFF: Well, you just asked the question I would ask to other people, I think. [Laughter] Why aren’t we thinking more about our brains? I think, actually, this is a great question. I think we should think more about our own thinking. We should spend more time observing our own thoughts, connecting with our emotions, and really turning our attention inwards. 

    MOLLY WOOD: And while we’re talking about our brains, you’ve actually written about this idea that you call the illusion of certainty, which is very compelling and common. What’s going on in our heads that leads to that illusion, and how do we get rid of that?  

    ANNE-LAURE LE CUNFF: Yes, that connects back to what we discussed earlier about why our brains really try to resolve uncertainty as quickly as possible. And because of that, we will try to hoard information. We will try to get as quickly as possible to the most immediate answer, the one that is going to give us that sense of certainty. But unfortunately, that sense of certainty is very often an illusion, because we went for the most obvious answer because we’re basing our sense of certainty of the fact that we spend three days reading nonstop about all of the news about a topic, which is not really how you build certainty. And so just accepting that being a hundred percent certain about what the future looks like is impossible. That’s impossible. All you can do is make predictions, know that these are just predictions, and then adjust your direction based on those predictions.  

    MOLLY WOOD: You have given an example, again, just in terms of interacting and thinking through issues and processing, if you will, this example of how you have conversations with research papers. Can you tell us more about that?  

    ANNE-LAURE LE CUNFF: This is one of my favorite features when it comes to using AI. So, in my academic research, I’m supposed to read dozens of research papers every week—that can take a lot of time. And unfortunately, sometimes you get to the end of the paper and you realize that there was nothing relevant or interesting in there that you can use for your work. So what I’m doing now is that I take the paper, I upload it to AI, and then I ask questions. I have a conversation with the paper and I can ask, okay, tell me what research methods were used here, and because the AI knows what I’m working on also, what are points that you think are relevant based on what I’m working on right now? And another one that I find absolutely amazing is asking, what are the limitations that are mentioned in the paper explicitly, and what are limitations that you notice that are not mentioned in the paper explicitly? And in this way, the AI is really helping me having those conversations. I feel like I’m having a coffee chat with the researchers that tell me all of the juicy stuff that they didn’t include in the paper. Because papers are so short, sometimes you don’t have that much space, and I can use those insights to make decisions as to whether I’m going to use this paper in my own research or not. But it’s not only saving me time, it’s making the entire process of finding that information and reading papers a lot more enjoyable.  

    MOLLY WOOD: What’s sort of one question that you wish more people would ask about the potential of AI at work, right? This is like really a mindset question. What should they be asking about how to use this well?  

    ANNE-LAURE LE CUNFF: If you could focus a hundred percent of your time and energy on the things that are at the intersection of what you’re good at and what the world needs, what would that look like? Because I think that’s what AI can unlock: freeing your time, freeing your energy, freeing your attention from the things that are, that should not be your main area of focus and creating more space for your creativity.  

    MOLLY WOOD: If our listeners could take away one actionable insight from your work, just one, what would you want it to be? 

    ANNE-LAURE LE CUNFF: I would like for them to look at the way they’re doing their work at the moment and, or the way they’re living their life in general, and ask themselves, what’s one area where I could be a little bit more experimental?  

    MOLLY WOOD: So we love to ask our guests how they’re using AI in their work and maybe some use cases and techniques that have really been a game changer. Do you have any examples for us?  

    ANNE-LAURE LE CUNFF: Oh, absolutely. I use AI a lot at work. It’s really a thinking partner. Anytime I’m in doubt, and I would normally grab someone at the coffee machine and just say, hey, can I pick your brain? That’s AI now. I just do that, and I explain I’ve been facing this challenge, I’m feeling a little bit stuck, and do you have any ideas? And usually even when the AI comes back with just a few bullet points, that’s enough sometimes just to give me something to think about and getting unstuck. And very similarly in my personal life as well, I will use it as a tool for brainstorming. I think across the board, really getting unstuck for me is the key phrase in terms of how I use AI at the moment. It makes me think more creatively. It suggests avenues for exploration that I might not have considered in the first place on my own. And it also helps me clarify sometimes my own thoughts, where I can just dump literally anything that’s on my mind and it will come back with a more structured version of what I’ve been thinking about, which is incredibly helpful. 

    MOLLY WOOD: Okay. Fast-forward three to five years. What do you think will be the most profound change in the way we work?  

    ANNE-LAURE LE CUNFF: I think a lot more people will have the beautiful privilege to be able to explore their creativity and to do work that feels meaningful to them, thanks to AI.  

    MOLLY WOOD: And then, what do you think will be hallmarks of organizations that do this well—frontier organizations that will really pull ahead in this new era?  

    ANNE-LAURE LE CUNFF: You probably know what I’m going to say, but I’m going to say it anyway, because I think it’s so important, but creating safe spaces where it’s okay to explore your curiosity, where it’s okay to use AI in experimental ways, and where it’s okay to make mistakes and learn in public. To me, those are going to be the hallmarks of any organization that is at the frontier of what’s possible with this new technology.  

    MOLLY WOOD: I mean, it seems easy, but how do you create those spaces? Like, how do you foster creativity and let people feel safe throwing out what might actually be bad ideas?  

    ANNE-LAURE LE CUNFF: I love that you’re asking this because it’s the same with embracing uncertainty. When you tell people, embrace uncertainty, they tell you, what do you mean? Am I supposed to just relax my shoulders and embrace it? And it’s the same with curiosity, right? How do you actually foster a culture of curiosity and experimentation? And in a very, very practical way, what I would encourage leaders to do is to block some time—you can call it curiosity hour—block some time, put it in your team’s calendar, and say that that’s the hour where every two weeks or three weeks or every month, whatever works for you, everybody is going to share something they experimented with and the results. Did it work? Did it not work? What can we learn together from this? And that’s it. That would be the simplest small steps that they could start taking right now.  

    MOLLY WOOD: And then if I were going to try to tap into my curiosity with an AI thought partner, let’s say I’m stuck. What might I say?   

    ANNE-LAURE LE CUNFF: Well, first you can tell the AI, I’m stuck. I think that’s a great place to start. It’s okay to just type I’m stuck. Here’s the issue. Here are some things that I’ve been thinking about, some options, some ideas. None of them feel quite right. What do you think? I’m stuck. Insert problem. What do you think?  

    MOLLY WOOD: Just building off of curiosity one last time, how do you tap into yours? Do you have a favorite method?  

    ANNE-LAURE LE CUNFF: So I have several methods. The main one for me is to journal. I journal every morning, and sometimes just for five minutes. And part of the prompts that I’m using is, what am I feeling curious about today? And so I always try to have that little connection with my curiosity every day. And then outside of that, I really try to treat my curiosity with a lot of respect, actually. I listen to it. If I feel like I’m curious about a topic, if I’m curious about an idea, a new product, a new technology, even if I feel like right now is not the right time to explore this, that it could distract me from something else, I have a curiosity inbox in my note-taking tool where I will just type that, put it in there, and then I have dedicated time that is a little bit like opening a box of candies where I can pick something and then go and explore. 

    MOLLY WOOD: Thank you so much. Anne-Laure Le Cunff is a neuroscientist, educator, author of the Ness Labs newsletter, which I’m sure you have been convinced to read if you are not already, and also author of the new book, Tiny Experiments. Thank you again so much for the time.  

    ANNE-LAURE LE CUNFF: This was great. I really loved our conversation. Thank you.  

    MOLLY WOOD: Thank you all for joining us, and keep checking your feeds. We have more fascinating guests on the way with actionable insights that can help leaders develop an AI-first mindset, reorient their business for an era of abundant expertise, and maximize the ROI of AI. If you’ve got a question or a comment, please drop us an email at worklab@microsoft.com, and check out Microsoft’s Work Trend Indexes and the WorkLab digital publication, where you’ll find all our episodes along with thoughtful stories that explore how business leaders are thriving in today’s new world of work. You can find all of that at microsoft.com/worklab. As for this podcast, please, if you don’t mind, rate us, review us, and follow us wherever you listen. It helps us out a ton. The WorkLab podcast is a place for experts to share their insights and opinions. As students of the future of work, Microsoft values inputs from a diverse set of voices. That said, the opinions and findings of our guests are their own, and they may not necessarily reflect Microsoft’s own research or positions. WorkLab is produced by Microsoft with Godfrey Dadich Partners and Reasonable Volume. I’m your host, Molly Wood. Sharon Kallander and Matthew Duncan produced this podcast. Jessica Voelker is the WorkLab editor.

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