Category: Economy

  • MIL-OSI: Unlock 100x Leverage on BexBack with a 100% Deposit Bonus & $50 Welcome Bonus – No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 08, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin falls below the $100,000 mark, many analysts believe it will enter a long period of high volatility. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

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    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c461eca9-3533-4db2-be9e-bda12f503baa
    https://www.globenewswire.com/NewsRoom/AttachmentNg/63cd2ae6-6da2-4a28-848f-a568e8af4def
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    https://www.globenewswire.com/NewsRoom/AttachmentNg/63ff74a3-ad9b-4073-8ee4-d0d045e6b055

    The MIL Network

  • MIL-OSI Global: US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste?

    Source: The Conversation – USA – By Patrick J. Schena, Professor of Practice and International Business, Tufts University

    U.S. President Donald Trump signs an executive order to create a U.S. sovereign wealth fund on Feb. 3, 2025 Jim Watson/AFP via Getty Images

    Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on projects of strategic interest? If President Donald Trump gets his way, then perhaps so.

    On Feb. 3, 2025, Trump issued an executive order calling for the creation of a U.S. sovereign wealth fund.

    This was not entirely unexpected. After all, the idea had been floated in September 2024 not only by the Trump team, but also by President Joe Biden’s Treasury Department.

    Many at the time, including myself, deemed it far-fetched at best. But with the initiative now gaining traction, the time is certainly ripe to imagine what a U.S. sovereign wealth fund might look like.

    What is a sovereign wealth fund?

    In their most basic form, sovereign wealth funds are pools of government savings, usually accumulated over many years through the sale of commodities, traded goods, government-owned companies and land-use rights, among other sources.

    They share a variety of objectives, such as stabilizing government finances, ensuring the funding of retirement or education programs, saving for future generations or even managing state-owned corporations.

    They generally diversify investment across assets, geographies and sectors, including some, such as sports and entertainment in the case of Saudi Arabia, that are aligned with national development goals.

    Sovereign wealth funds are usually associated with great wealth – Norway’s “oil fund” is estimated to be worth US$1.7 trillion. With regard to scale, Norway is hardly alone. And Norway’s fund is typical in another respect: sovereign wealth funds are often based in smaller countries with outsized natural resources, like Kuwait, the United Arab Emirates and Qatar, or even tiny Guyana in the Caribbean.

    In reality, most sovereign wealth funds are more modest in size relative to their gross domestic products.

    How long have SWFs been around?

    Sovereign wealth funds are hardly new. The so-called modern era of sovereign wealth funds dates to the early 1950s with the creation of the Kuwait Investment Board.

    But some government investment funds, such as the Texas Permanent School Fund, established in 1854, long predate the Kuwait Investment Board.

    As is evident in the case of Texas, there are many such funds already operating in the U.S., including those in Alaska, New Mexico and Wyoming – all of which identify as “sovereign wealth funds.” These, of course, are state funds, but the term “sovereign” is generously applied.

    Sovereign wealth funds often invest outside of their geographies, not only to diversify returns but to avoid stimulating higher inflation that may result from investing at home.

    In fact, the U.S. has benefited from investments by other countries’ sovereign wealth funds. Developed market economies like the U.S. are attractive destinations for investment, given the relative strength of their institutions and the scale and liquidity of their financial markets.

    Still, over the last decade there has been a rapid expansion in the number of sovereign wealth funds investing domestically, particularly in support of strategic national goals. Some of these include funds in Ireland, India and Indonesia.

    Their investment programs target critical sectors and national “champions,” with a goal to mobilize foreign capital for co-investment in local markets.

    Soccer superstar Cristiano Ronaldo plays for Al-Nassr, in which Saudi Arabia’s Public Investment Fund has a controlling stake.
    Abdullah Ahmed/Getty Images

    The fundamental questions of a fund

    What could a U.S. sovereign wealth fund look like? Would it be well funded? And if so, how? Through taxes, treasury bond proceeds, budget transfers, tariffs?

    Would it invest globally or domestically? Could it be used to reinforce the Social Security system? Will it be used to tackle the dual deficits of budget and trade? Or will it have a strategic mandate – to enhance national security, energy security or climate security?

    These are all fundamental questions that must be carefully examined; creating a sovereign wealth fund should not be a backroom exercise. It needs to be conducted openly, with expert input and public deliberation.

    The process belies even more challenging organizational and governance decisions concerning the legal structure, ownership and management of the fund, the independence of its governing board, and its distance from government influence in its decisions.

    After all, the history of sovereign wealth funds is not without failed attempts. Take Malaysia’s 1MDB, which was usurped for political and personal gain and became a multibillion-dollar corruption scandal, or Venezuela’s macrostabilization and development funds, which were both effectively exhausted.

    In these cases – and others – the breakdown can be connected to failures in governance, both in design and culture, and ultimately traced back to politics.

    Where does the US start?

    It is interesting to note that it was George W. Bush’s Treasury Department during the financial crisis in 2008 that was most influential in encouraging sovereign wealth funds to define a framework of governance practices and principles.

    Known as the Santiago Principles, this set of 24 precepts, agreed to in 2008, are intended to ensure transparent and sound governance with adequate operational controls, risk management and accountability.

    To be successful and in line with the Santiago Principles, a U.S. sovereign wealth fund would have to be grounded in a functional governance structure that allows investment projects to be evaluated based on commercial merit.

    It would also need to be free of political interference and operate openly, transparently and at arm’s length from any personal or professional interests of any related parties.

    Where would it invest?

    The next thing to consider is the fund’s investment objectives and strategy. Trump has suggested that such a fund could be used to buy TikTok. But would that represent a strategic investment that advances the national competitiveness of the U.S.?

    Perhaps instead, a sovereign wealth fund might be better placed investing a majority of its capital in private markets and core infrastructure in the U.S. under a focused strategic mandate that directs money to key national priorities.

    Essential here is for the fund to be “additional.” That is to say it would invest in projects that other investors would not be able to finance on their own due to scale, difficulty or duration. In essence, the fund would “crowd in” investors, rather than crowding them out.

    And what about funding?

    Perhaps the most critical question still remains: Where will the money come from?

    Increased taxes are a nonstarter due to political will and, of course, Trump’s campaign commitments.

    Treasury bond issuances would only increase U.S. debtedness and likely lead to higher inflation. Allocations from the government’s own budget also seem to be a non-starter, as U.S. budget deficits have long been well-entrenched.

    The president has suggested that a fund could use tariff payments – but the reality of the tariff rollout is itself questionable and apparently open to negotiation.

    Malaysia’s 1MDB financed the Tun Razak Exchange tower, the tallest building in Kuala Lumpur, Malaysia. But it was also the source of the biggest corruption scandal in Malaysian history.
    Ore Huiying/Getty Images

    A more practical option may be a take on the traditional private equity limited partnership. In this model, the U.S. serves as general partner and joins other institutional investors – including other sovereign wealth funds – to invest in the fund.

    As general partner, the U.S. would appoint a management team that would select and manage the investments – for a fee, of course. Its mandate would be to target strong market returns, while advancing the strategic national interests of the U.S.

    The National Investment and Infrastructure Fund in India is one such example. This approach would require a smaller initial capital commitment from the U.S. and give the manager discretion over where and how to deploy capital. Needless to say, the call for strong foundational governance is reinforced under such a plan.

    To be clear: The challenges, constraints and risks of launching a U.S. sovereign wealth fund are orders of magnitude greater than similar endeavors in Guyana or Suriname.

    Imagining the creation of a fund is certainly feasible. But ensuring the fund will genuinely enhance the intergenerational welfare of all Americans may still be far-fetched.

    Patrick J. Schena has not in the last 4 years received grant funding to support his research. He collaborates in areas of mutual research interests with the International Forum of Sovereign Wealth Funds for which he receives no compensation.

    ref. US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste? – https://theconversation.com/us-sovereign-wealth-fund-a-feasible-idea-to-invest-strategically-or-a-giant-opportunity-for-waste-249005

    MIL OSI – Global Reports

  • MIL-Evening Report: Trump’s foreign aid freeze throws independent journalism into chaos

    Pacific Media Watch

    President Donald Trump has frozen billions of dollars around the world in aid projects, including more than $268 million allocated by Congress to support independent media and the free flow of information.

    Reporters Without Borders (RSF) has denounced this decision, which has plunged NGOs, media outlets, and journalists doing vital work into chaotic uncertainty — including in the Pacific.

    In a statement published on its website, RSF has called for international public and private support to commit to the “sustainability of independent media”.

    Since the new American president announced the freeze of US foreign aid on January 20, USAID (United States Agency for International Development) has been in turmoil — its website is inaccessible, its X account has been suspended, the agency’s headquarters was closed and employees told to stay home.

    South African-born American billionaire Elon Musk, an unelected official, whom Trump chose to lead the quasi-official Department of Government Efficiency (DOGE), has called USAID a “criminal organisation” and declared: “We’re shutting [it] down.”

    Later that day, Secretary of State Marco Rubio announced that he was named acting director of the agency, suggesting its operations were being moved to the State Department.

    Almost immediately after the freeze went into effect, journalistic organisations around the world — including media groups in the Pacific — that receive American aid funding started reaching out to RSF expressing confusion, chaos, and uncertainty.

    Large and smaller media NGOs affected
    The affected organisations include large international NGOs that support independent media like the International Fund for Public Interest Media and smaller, individual media outlets serving audiences living under repressive conditions in countries like Iran and Russia.

    “The American aid funding freeze is sowing chaos around the world, including in journalism. The programmes that have been frozen provide vital support to projects that strengthen media, transparency, and democracy,” said Clayton Weimers, executive director of RSF USA.

    President Donald Trump . . . “The American aid funding freeze is sowing chaos around the world, including in journalism,” says RSF. Image: RSF

    “President Trump justified this order by charging — without evidence — that a so-called ‘foreign aid industry’ is not aligned with US interests.

    “The tragic irony is that this measure will create a vacuum that plays into the hands of propagandists and authoritarian states. Reporters Without Borders (RSF) is appealing to the international public and private funders to commit to the sustainability of independent media.”

    USAID programmes support independent media in more than 30 countries, but it is difficult to assess the full extent of the harm done to the global media.

    Many organisations are hesitant to draw attention for fear of risking long-term funding or coming under political attacks.

    According to a USAID fact sheet which has since been taken offline, in 2023 the agency funded training and support for 6200 journalists, assisted 707 non-state news outlets, and supported 279 media-sector civil society organisations dedicated to strengthening independent media.

    The USAID website today . . . All USAID “direct hire” staff were reportedly put “on leave” on 7 February 2025. Image: USAID website screenshot APR

    Activities halted overnight
    The 2025 foreign aid budget included $268,376,000 allocated by Congress to support “independent media and the free flow of information”.

    All over the world, media outlets and organisations have had to halt some of their activities overnight.

    “We have articles scheduled until the end of January, but after that, if we haven’t found solutions, we won’t be able to publish anymore,” explains a journalist from a Belarusian exiled media outlet who wished to remain anonymous.

    In Cameroon, the funding freeze forced DataCameroon, a public interest media outlet based in the economic capital Douala, to put several projects on hold, including one focused on journalist safety and another covering the upcoming presidential election.

    An exiled Iranian media outlet that preferred to remain anonymous was forced to suspend collaboration with its staff for three months and slash salaries to a bare minimum to survive.

    An exiled Iranian journalist interviewed by RSF warns that the impact of the funding freeze could silence some of the last remaining free voices, creating a vacuum that Iranian state propaganda would inevitably fill.

    “Shutting us off will mean that they’ll have more power,” she says.

    USAID: the main donor for Ukrainian media
    In Ukraine, where 9 out of 10 outlets rely on subsidies and USAID is the primary donor, several local media have already announced the suspension of their activities and are searching for alternative solutions.

    “At Slidstvo.Info, 80 percent of our budget is affected,” said Anna Babinets, CEO and co-founder of this independent investigative media outlet based in Kyiv.

    The risk of this suspension is that it could open the door to other sources of funding that may seek to alter the editorial line and independence of these media.

    “Some media might be shut down or bought by businessmen or oligarchs. I think Russian money will enter the market. And government propaganda will, of course, intensify,” Babinets said.

    RSF has already witnessed the direct effects of such propaganda — a fabricated video, falsely branded with the organisation’s logo, claimed that RSF welcomed the suspension of USAID funding for Ukrainian media — a stance RSF has never endorsed.

    This is not the first instance of such disinformation.

    Finding alternatives quickly
    This situation highlights the financial fragility of the sector.

    According to Oleh Dereniuha, editor-in-chief of the Ukrainian local media outlet NikVesti, based in Mykolaiv, a city in southeast Ukraine, “The suspension of US funding is just the tip of the iceberg — a key case that illustrates the severity of the situation.”

    Since 2024, independent Ukrainian media outlets have found securing financial sustainability nearly impossible due to the decline in donors.

    As a result, even minor budget cuts could put these media outlets in a precarious position.

    A recent RSF report stressed the need to focus on the economic recovery of the independent Ukrainian media landscape, weakened by the large-scale Russian invasion of February 24, 2022, which RSF’s study estimated to be at least $96 million over three years.

    Moreover, beyond the decline in donor support in Ukraine, media outlets are also facing growing threats to their funding and economic models in other countries.

    Georgia’s Transparency of Foreign Influence Law — modelled after Russia’s legislation — has put numerous media organisations at risk. The Georgian Prime Minister welcomed the US president’s decision with approval.

    This suspension is officially expected to last only 90 days, according to the US government.

    However, some, like Katerina Abramova, communications director for leading exiled Russian media outlet Meduza, fear that the reviews of funding contracts could take much longer.

    Abramova is anticipating the risk that these funds may be permanently cut off.

    “Exiled media are even in a more fragile position than others, as we can’t monetise our audience and the crowdfunding has its limits — especially when donating to Meduza is a crime in Russia,” Abramova stressed.

    By abruptly suspending American aid, the United States has made many media outlets and journalists vulnerable, dealing a significant blow to press freedom.

    For all the media outlets interviewed by RSF, the priority is to recover and urgently find alternative funding.

    How Fijivillage News reported the USAID crackdown by the Trump administration. Image: Fijivillage News screenshot APR

    Fiji, Pacific media, aid groups reel shocked by cuts
    In Suva, Fiji, as Pacific media groups have been reeling from the shock of the aid cuts, Fijivillage News reports that hundreds of local jobs and assistance to marginalised communities are being impacted because Fiji is an AUSAID hub.

    According to an USAID staff member speaking on the condition of anonymity, Trump’s decision has affected hundreds of Fijian jobs due to USAID believing in building local capacity.

    The staff member said millions of dollars in grants for strengthening climate resilience, the healthcare system, economic growth, and digital connectivity in rural communities were now on hold.

    The staff member also said civil society organisations, especially grantees in rural areas that rely on their aid, were at risk.

    Pacific Media Watch and Asia Pacific Report collaborate with Reporters Without Borders.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: The Bureau of Industrial Parks enhances security measures to ensure a safe Lunar New Year for industrial parks.

    Source: Republic Of China Taiwan 2

    On January 13, the Bureau of Industrial Parks (BIP) of the Ministry of Economic Affairs (MOEA) held the “2025 Lunar New Year Security and Confidentiality Maintenance Coordination Meeting.” The meeting, chaired by Secretary-General Lin, Chian-Huey, gathered representatives from enterprises within the park and local branches to discuss security strategies for the holiday season. The primary goal was to ensure security during the holiday and further strengthen the protection of key national industrial assets.
    Secretary-General Lin, Chian-Huey stated that the BIP would continue building upon last year’s security achievements by enhancing patrols mechanisms and risk management. This includes strengthening inspections at financial institutions and high-risk construction sites to ensure the overall safety of the industrial parks during the holiday period. She urged enterprises within the park to collaborate to maintain stability and harmony.
    This meeting is one of the key projects of the BIP for the year. It focused on precise response strategies for safeguarding official confidential information and ensuring park security, reviewing the current state of protective facilities, and establishing an emergency response network. In addition, the meeting highlighted anti-fraud and anti-infiltration issues, with awareness campaigns aimed at enhancing vigilance and response capabilities among all attendees. Participants highly praised the BIP’s comprehensive security maintenance plan, recognizing that it not only enhances the sense of security within the park but also creates a safer operation environment for the new year.
    According to past data, the BIP implements a well-structured emergency response mechanism during the Lunar New Year, addressing security vulnerabilities and confidentiality protection to uphold stability in the industrial park. This year’s strategy has been further refined with digital management tools and streamlined communication networks, creating a stronger security foundation for the coming year.
    The meeting emphasized three key priorities: (1) a systematic security risk assessment covering core infrastructure within the park; (2) continuous improvements to emergency response mechanisms for faster and more efficient crisis handling; and (3) the promotion of fraud prevention and anti-infiltration education to provide multilayered protection against emerging security threats. Moving forward, the BIP is committed to further strengthening its security initiatives and exploring innovative technologies and strategies to protect enterprises and employees within the parks. This meeting also marks a strong start for security management during the Lunar New Year, fully demonstrating the professionalism and dedication of the BIP.

    Contact Person: Tseng, Chien-Hua (Government Ethics Office)
    Contact Number: 886-7-361-1212 ext 636
    Email: chtseng@bip.gov.tw

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Reed Calls for Immediate Ouster of Unqualified Partisan Tom Krause at Treasury

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC – The Trump Administration today brazenly installed Tom Krause, a Silicon Valley executive and associate of billionaire Elon Musk’s so-called Department of Government Efficiency (DOGE), to oversee the U.S. Treasury Department’s critical payment systems that manage the cash and debt that finances the federal government. Mr. Krause’s new position gives him control over the Treasury payment system responsible for disbursing more than $5 trillion annually, including Social Security, Medicare, tax refunds and other payments. He also has control over auctions for U.S. Treasury securities, which is the most important financial market in the world and determines the benchmark rate for consumer credit. In 2024, Treasury held 440 auctions and issued $28.5 trillion in securities. 

    Mr. Krause takes on these enormous responsibilities to manage the Nation’s finances, despite having no background in government operations or in financial markets. The installation of Mr. Krause injects politics into processes that have always been conducted in a nonpartisan fashion.

    Mr. Krause, who will reportedly continue to hold his private sector job at Cloud Software Group while taking on this critical full-time role at Treasury, replaces a longtime civil servant who resigned after objecting to Mr. Krause’s demands to stop certain payments — a measure the non-partisan Treasury official resisted as illegal. 

    U.S. Senator Jack Reed (D-RI), the Ranking Member of the Senate Appropriations Financial Services and General Government (FSGG) Subcommittee, which oversees funding for Treasury, is calling for Mr. Krause’s immediate removal. Reed sent a third letter this week warning Treasury Secretary Scott Bessent about this matter and stating: “At the very least, the American people deserve someone’s undivided attention for this job.”

    Secretary Bessent wrote to Senator Reed on February 4 that Mr. Krause was merely “conducting an ongoing review of Treasury’s systems” and that “to allow him to perform this function, he has been “hired as an expert/consultant.”  Only two days later, Mr. Krause is not simply reviewing Treasury’s systems—he in full operational control of them.

    Full text of the letter follows:

    February 7, 2025

    ?? ?

    The Honorable Scott Bessent, Secretary

    U.S. Department of the Treasury

    1500 Pennsylvania Avenue NW

    Washington, DC 20220

    Dear Secretary Bessent:

                   

    Earlier today, you appointed Tom Krause to perform the duties of the Fiscal Assistant Secretary.  I urge you to immediately remove Mr. Krause from this position and appoint a nonpartisan career expert, as I requested in my letter dated February 3. 

    Mr. Krause, an unqualified partisan “special government employee,” was installed by Elon Musk in the Treasury Department earlier this year.  Currently, he is the top government official responsible for paying the Nation’s bills on time, including Social Security, Medicare, and tax refunds.  He is also responsible for managing the Nation’s finances to remain under the debt limit while the Treasury Department is using extraordinary measures to avoid a catastrophic breach.  He is also in charge of the system for auctioning U.S. government bonds.  As you know from your long career on Wall Street, Treasuries are the benchmark for how much money Americans are charged for a mortgage or a credit card.  A seasoned and nonpolitical expert should be at the helm to ensure the fair, impartial, and responsible administration of public funds. 

    As a “special government employee,” Mr. Krause is reportedly performing his public duties while remaining in charge of his private company.  According to a trade publication, he emailed employees at his company on February 5 that his Treasury post is “in addition to my duties as CEO of Cloud Software Group.”  At the very least, the American people deserve someone’s undivided attention for this job.

    Given your choice to give this job to a partisan who will apparently be working part time, the buck stops with you if there is any interruption to Treasury’s ability to pay Americans the money they are owed, make interest payments on the debt, or auction Treasury securities.

                   

    I request your commitment, no later than February 11, 2025, to remove Mr. Krause as the Fiscal Assistant Secretary and instead appoint a qualified individual who will work for the American people on a full-time basis.  Thank you for your attention to this important matter.

                                                                                   

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Senator Murray Slams Indirect Cost Rate for NIH as Massive Indiscriminate Cut, Setting Back Progress on Lifesaving Research

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, issued the following statement in response to the National Institutes of Health (NIH) announcing it would set the maximum reimbursement rate for indirect costs to 15%, creating a serious funding shortfall for research institutions of all types across the country. This move will dismantle the biomedical research system, stifle the development of new cures for disease, and rip treatments away from patients in need. It won’t produce cost savings; it will just shift costs to states who can’t afford to pay the difference. Importantly, this action by the Trump administration is illegal. Congress’ bipartisan Labor-HHS-Education Appropriations Bill prohibits modifications to NIH’s indirect costs.   

    “By proposing an illegal and arbitrary indirect cost rate, Trump and Elon are functionally forcing an indiscriminate funding cut for research institutions across the country that will be nothing short of catastrophic for so much of the lifesaving research patients and families are counting on. This will derail major breakthroughs by forcing research institutions—like the Fred Hutchinson Cancer Center and the University of Washington in my state—to now scramble to make up this massive shortfall, almost certainly forcing layoffs across the country. Sick kids may not get the treatment they need. Clinical trials may be shut down abruptly with dangerous consequences. Just because Elon Musk doesn’t understand indirect costs doesn’t mean Americans should have to pay the price with their lives.  

    “These resources go toward things like construction, utility costs, and lab operation—if NIH cuts off this support, the research will come to a halt. This funding helps produce breakthroughs that change patients’ lives, prepare us for pandemics and other health threats, and ensure the U.S. continues to be the global leader in biomedical research. After a global pandemic that brought the world economy to a grinding halt and cost more than one million American lives, it’s unthinkable that Trump and Musk want to pull funding that will force public and private labs across America to shutter. I refuse to abandon the millions of families who are fighting cancer, Alzheimer’s disease, substance use disorders, and so much more—I hope Americans everywhere will speak out to reverse this haphazard and dangerous funding cut.”

    As a longtime appropriator and former Chair of the Senate HELP Committee, Murray has long fought to boost biomedical research, strengthen public health infrastructure, and make health care more affordable and accessible. Over her years as a senior member of the Appropriations Committee, she has secured billions of dollars in increases for biomedical research at the National Institutes of Health, and during her time as Chair of the HELP Committee she established the new ARPA-H research agency as part of her PREVENT Pandemics Act to advance some of the most cutting-edge research in the field. Senator Murray was also the lead Democratic negotiator of the bipartisan 21st Century Cures Act, which delivered a major federal investment to boost NIH research, among many other investments. 

    MIL OSI USA News

  • MIL-OSI Economics: Barclays tech outage highlights legacy banking system risks amid rising digital competition, says GlobalData

    Source: GlobalData

    Barclays tech outage highlights legacy banking system risks amid rising digital competition, says GlobalData

    Posted in Banking

    Barclays, British multinational universal bank, faced a severe 48-hour technical outage (31 January-2 February), disrupting payments and online banking for millions of UK customers. The incident underscores the persistent vulnerabilities of legacy banking systems, despite substantial ICT investments. As digital-native challengers redefine industry standards, traditional banks must accelerate transformation or risk losing relevance in an increasingly competitive financial landscape, says GlobalData, a leading data and analytics company.

    GlobalData’s report, “Barclays Plc – Digital Transformation Strategies,” reveals that the UK’s second-largest bank’s ICT budget in 2023 was estimated at over $1 billion. The duration and severity of last weekend’s technical issue will raise questions about the effectiveness of this significant investment.

    Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, comments: “The severity of this outage  highlights the need for real transformation in digital operations. Simply spending over $1 billion per year on ICT is clearly not enough to guarantee reliability in a digital banking platform. Banks must begin to completely overhaul outdated systems to keep up with the consumer expectations in the modern banking landscape.”

    Despite the funding allocated for Barclays’ digital transformation, data from GlobalData’s Financial Services Consumer Survey 2024* reveals that the bank’s customers rated their digital satisfaction below the market average. Barclays is not an outlier in this metric. Many of the largest traditional banking providers rank near the bottom, with Lloyds Bank being the only one of the top five largest banks rated above average.

    Vaughan Burleigh continues: “Established ‘traditional’ banks are struggling to adapt their digital platforms to keep up with rapidly changing consumer preferences. It is no coincidence that digital-only banks such as Starling and Monzo rank far above the market average, while banks still operating on legacy technology perform poorly in digital satisfaction. Banks that are digitally native are far more agile. They can resolve issues more quickly, respond to customer preferences with new products, and provide a strong digital offering for their growing consumer bases.”

    The need for traditional banks to abandon legacy technology and embrace a digital-first approach extends beyond avoiding technical issues and service outages. While this glitch will certainly damage Barclays’ reputation, the more pressing concern is future customer acquisition and retention.

    According to GlobalData’s Competitor Benchmarking Analytics 2024, the key determinants of a bank’s NPS in the UK include personalized experiences, competitively priced products and services, the ability to resolve minor issues online, and the omnichannel nature of the bank’s services. Digital-native banks have become market leaders in these areas, developing new capabilities ahead of larger, traditional players.

    Vaughan Burleigh concludes: “The banking landscape has shifted significantly since digital challengers gained popularity. Consumers now expect advanced online capabilities, such as personalized insights and financial education, as basic features of bank accounts. If historically dominant players like Barclays fail to revolutionize their online banking offerings immediately, digital only banks will not only capture the young consumers entering the market but also convince more mature users to abandon sluggish providers in favour of innovative and agile competitors.”

    *GlobalData’s 2024 Financial Services Consumer Survey was conducted online in Q2 2024 and had 67,000 respondents across 41 countries, of which 5,003 are from the UK.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Presidential Office thanks US and Japan for joint leaders’ statement

    Source: Republic of China Taiwan

    Details
    2025-01-31
    President Lai’s response to Pope Francis’s 2025 World Day of Peace message  
    President Lai Ching-te recently sent a letter to Pope Francis of the Catholic Church in response to his message marking the 58th World Day of Peace. The following is the full text of the president’s letter to the pope: Your Holiness, In your message for the 2025 World Day of Peace entitled Forgive us our trespasses: grant us your peace, you called for a cultural change that would bring an end to the governance of interpersonal and international relations by a logic of exploitation and oppression and herald true and lasting peace. I wholeheartedly admire and identify with your point of view. Since transitioning from a medical career to politics, I have remained true to my original intentions in the sense that, while a doctor can help only one person at a time, a public servant can simultaneously assist many people in resolving the difficulties affecting their lives. In my inaugural address in May 2024, I pledged that every day of my term, I would strive to act justly, show mercy, and be humble, which accord with the teachings of the Bible. I promised to treat the Taiwanese people as family and prove myself worthy of their trust and expectations. With an unwavering heart, I have accepted the people’s trust and taken on the solemn responsibility of leading the nation forward and building a democratic, peaceful, and prosperous new Taiwan. In this new year, the changing international landscape continues to present many grave challenges to democratic nations around the world. As the Russia-Ukraine war persists, the steady convergence of authoritarian regimes, including China, Russia, North Korea, and Iran, threatens the rules-based international order and severely impacts peace and stability in the Indo-Pacific and the world at large. Your Holiness has stated that war is a defeat for everyone. I, too, firmly believe that peace is priceless and that war has no winners. A high level of consensus has formed in the international community on upholding peace and stability across the Taiwan Strait. The Taiwanese people also maintain an unyielding commitment to safeguarding a way of life that encompasses freedom, equality, democracy, and human rights. Taiwan will continue to spare no effort in preserving regional peace and stability and serving as a pilot for global peace. In your World Day of Peace message, you urged prosperous countries to assist poorer ones. This compassion is truly touching. Taiwan is proactively implementing values-based diplomacy and, under the Diplomatic Allies Prosperity Project, enhancing allies’ development through a range of initiatives. Over many years, Taiwan has accumulated abundant and unique experience of providing foreign assistance. Seeking to foster self-reliance among disadvantaged countries, we have extended genuine support to help alleviate poverty through such avenues as strengthening basic infrastructure, transferring technology, and cultivating talent. In your message, you reminded countries worldwide that assistance should not be merely an isolated act of charity and pointed to the need to devise a new global financial framework so that food crises, climate change, and other challenges could be jointly addressed. I hold this view in high regard. I therefore earnestly hope that international organizations will stop excluding Taiwan for political reasons. Taiwan is willing to shoulder its international responsibilities so that it can contribute and share its valuable experience through many global platforms.  On behalf of the government and people of the Republic of China (Taiwan), I again express our interest in collaborating with the Holy See to advance world peace through concrete action. We also aspire to demonstrate Taiwanese values and the Taiwanese spirit and work together with the Holy See to uphold the core values of justice, democracy, freedom, and peace.  Please accept, Your Holiness, the renewed assurances of my highest consideration, as well as my best wishes for your good health and the continued growth of the Catholic Church.

    Details
    2025-01-31
    President Lai meets former US Vice President Mike Pence
    On the afternoon of January 17, President Lai Ching-te met with former Vice President of the United States Mike Pence. In remarks, President Lai thanked former Vice President Pence for his contributions to the deepening of Taiwan-US relations, noting that he actively helped to strengthen Taiwan-US cooperation and facilitate the normalization of military sales to Taiwan, and did his utmost to deepen the Taiwan-US economic partnership. The president indicated that former Vice President Pence also spoke up for Taiwan on numerous occasions at international venues, backing Taiwan’s international participation. President Lai expressed hope for a stronger Taiwan-US partnership to maintain peace and stability throughout the world, and that the two sides can advance bilateral exchanges in such areas as the economy, trade, and industry. A translation of President Lai’s remarks follows: I am delighted to welcome former Vice President Pence and Mrs. Karen Pence to the Presidential Office. Former Vice President Pence is not only an outstanding political leader in the US, but also a staunch supporter of Taiwan on the international stage. On behalf of the people of Taiwan, I would like to take this opportunity to extend our deepest gratitude to former Vice President Pence for his contributions to the deepening of Taiwan-US relations. Thanks to former Vice President Pence’s strong backing, ties between Taiwan and the US rose to unprecedented heights during President Donald Trump’s first administration. Former Vice President Pence actively helped to strengthen Taiwan-US security cooperation and facilitate the normalization of military sales to Taiwan, helping Taiwan reinforce its self-defense capabilities. He also did his utmost to deepen the Taiwan-US economic partnership. Former Vice President Pence also paid close attention to the military threats and diplomatic isolation faced by Taiwan. He spoke up for Taiwan on numerous occasions at international venues, taking concrete action to back Taiwan’s international participation. We were truly grateful for this. As we speak, China’s political and military intimidation against Taiwan persist. China and other authoritarian regimes, such as Russia, North Korea, and Iran, are continuing to converge and present serious challenges to democracies around the globe. At this moment, free and democratic nations must come together to bolster cooperation. I believe that a stronger Taiwan-US partnership can be an even more powerful force in maintaining peace and stability throughout the world. Former Vice President Pence has previously supported the signing of a trade agreement between Taiwan and the US. Taiwan looks forward to continuing to work with the new US administration and Congress to advance bilateral exchanges in such areas as the economy, trade, and industry. This is the first time that former Vice President Pence and Mrs. Pence are visiting Taiwan, and their visit is significantly meaningful for Taiwan-US exchanges. On behalf of the people of Taiwan, I want to extend a warm welcome. Moving forward, I hope we will jointly realize even more fruitful achievements through Taiwan-US cooperation. Former Vice President Pence then delivered remarks, thanking President Lai for his hospitality on his and his wife’s first visit to Taiwan, saying that it is an honor to be here to reaffirm the bonds of friendship between the people of America and the people of Taiwan, which are strong and longstanding. The former vice president indicated that the American people admire the people of Taiwan and all that has been accomplished in a few short decades for Taiwan to rise to one of the world’s preeminent economic powers and free societies. He said that he is grateful for President Lai’s courageous and bold leadership of Taiwan, and grateful to be able to express the support of the overwhelming majority of the American people for this alliance. Former Vice President Pence indicated that the values shared by Taiwan and the US, including freedom, the rule of law, and respect for human rights, bind us together in a partnership that transcends geographic boundaries and cultures. He then assured President Lai that China’s increasingly aggressive posture in the Taiwan Strait and across the Indo-Pacific, for the values and interests that both sides share, is deeply concerning to the American people. Former Vice President Pence stated that America is a Pacific nation, and is committed to the status quo, adding that they recognize it is China that wants to change the status quo that America, Taiwan, and other allies in the region want to preserve, which has created an environment of extraordinary growth and prosperity. The former vice president concluded by once again thanking President Lai and his team for their gracious hospitality and conveying best wishes to him and the people of Taiwan. Former Vice President Pence then assured President Lai that just as Taiwan will never surrender its freedom, he will continue to be a voice for a strong US-Taiwan relationship in the defense and the benefit of Taiwan, the US, and the free world. Later that day, Vice President Bi-khim Hsiao hosted a banquet for former Vice President Pence and his delegation at Taipei Guest House to thank him for his longstanding friendship and staunch support for Taiwan-US ties.  

    Details
    2025-01-31
    President Lai meets delegation to 60th Inaugural Ceremonies of US president and vice president
    On the morning of January 16, President Lai Ching-te met with Taiwan’s delegation to the 60th Inaugural Ceremonies of the President and Vice President of the United States. In remarks, President Lai stated that democratic Taiwan stands united, working hard to deepen Taiwan-US ties together. He then entrusted the delegation with three missions: to convey best wishes from the people of Taiwan, convey our firm commitment to democracy, and help Taiwan-US relations reach a new milestone. A translation of President Lai’s remarks follows: The 60th Inaugural Ceremonies of the President and Vice President of the US will be held on January 20. I want to thank Speaker Han Kuo-yu (韓國瑜), president of the Legislative Yuan, for accepting my invitation to lead our nation’s representative delegation to the event. I also thank Legislative Yuan Members Ko Chih-en (柯志恩), Wang Ting-yu (王定宇), Ko Ju-chun (葛如鈞), Lee Yen-hsiu (李彥秀), Chen Kuan-ting (陳冠廷), Kuo Yu-ching (郭昱晴), and Chen Gau-tzu (陳昭姿) for joining this visit to the US to attend the inauguration of President Donald Trump and Vice President J.D. Vance. We have gathered together today despite differences in party affiliation because in democratic Taiwan, while parties may compete domestically, when it comes to engagement externally, they stand united and share responsibility, working hard to deepen Taiwan-US ties and strive for the best interests of the nation. We share the value of defending freedom and democracy, and we share the goal of advancing peace and prosperity. Today, we engage with the world together as those from the same country – the Republic of China (Taiwan). In this complex and volatile new international landscape, and as the nation faces difficulties and challenges, I want to stress that in Formosa, there is no hostility that cannot be let go, and no hardship that cannot be overcome. Unity is the most important, and I hope that Taiwan can stand united, because there is true strength in unity. Democratic Taiwan must stand united in engaging with the world and initiate exchanges with confidence. On that ground, I am entrusting this delegation with three key missions. First, convey best wishes from the people of Taiwan. Just last year, Taiwan and the US celebrated the 45th anniversary of the passage of the Taiwan Relations Act. And on May 20, the US sent a senior bipartisan delegation to congratulate me and Vice President Bi-khim Hsiao on our inauguration. As the leader of this cross-party delegation, Speaker Han must clearly convey the well-wishes of the people of Taiwan, congratulate President Trump and Vice President Vance on their inauguration, and wish success to the new administration and prosperity to the US. Second, clearly convey the firm commitment of the people of Taiwan to democracy. The theme of these inaugural ceremonies is “Our Enduring Democracy: A Constitutional Promise.” Taiwan and the US share the universal value of democracy and are staunch allies. I hope that the delegation can faithfully convey the firm commitment to democracy that the people of Taiwan have, which will not change even in the face of authoritarian threats. Taiwan is willing to stand side by side with the US and other members of the democratic community to defend the sustainable development of global democracy and prevent the expansion of authoritarianism. Third, help Taiwan-US relations reach a new milestone. In recent years, Taiwan-US relations have continued to grow, with the first agreement under the Taiwan-US Initiative on 21st Century Trade having formally taken effect last month. This morning, the House of Representatives also passed the US-Taiwan Expedited Double-Tax Relief Act. I hope that the delegation can help Taiwan-US relations reach a new milestone through these exchanges so that our relations continue to grow, our cooperation expands even more, and so that we can achieve even greater success after the new administration takes office. Four years ago, Taiwan’s representative to the US inaugural ceremonies was Vice President Hsiao, who was then our representative to the US. Everyone has a lot to learn from her. I have specially invited everyone here to converse so that you can draw from Vice President Hsiao’s experience and ensure an even smoother visit. Washington, DC was also hit by a rare blizzard recently, and the weather has been very cold, so make sure to stay warm. I am sending everyone off with hand warmers and thermoses so that you can bring some warmth from Taiwan with you on your journey. And I ask that Speaker Han exercise his wisdom to help generate some warmth between the ruling and opposition parties through cooperation, which they can then bring back to Taiwan. Let us unite to give our all for diplomacy so that we can unite to give our all for Taiwan. I wish the delegation a smooth and safe trip, and hope your missions can be carried out successfully. Speaker Han then delivered remarks, stating that it was an honor to be invited by President Lai to organize a delegation to represent our nation at the 60th Inaugural Ceremonies of the President and Vice President of the US in Washington, DC, and express the Republic of China’s sincere and cordial best wishes. The Legislative Yuan’s president has assumed this important task numerous times in the past, he said, not only to represent the government of the Republic of China, but also to take on the mission of conveying the voices of 23 million people. He went on to say that he is honored to take up the baton, lead eight legislators to the US to attend this celebration that will attract global attention, and express sincere best wishes to newly elected President Trump, Vice President Vance, and the new administration’s team. As enjoined by President Lai, he hopes the delegation’s trip will help open a new chapter in Taiwan-US exchanges. Speaker Han stated that the US is the most free and democratic country in the world. He noted that in 1776 in the US Declaration of Independence, founding father Thomas Jefferson propounded the concept of “unalienable rights,” and emphasized that the people have a right to freedom and the pursuit of happiness, democratic ideas that have long been rooted in the people’s hearts. Today, he said, democracy is also embedded in the DNA of Taiwan’s 23 million people, and this hard-won democratic achievement is a result of the concerted efforts of our pioneering predecessors, thinkers, and activists over the past 100 years. Speaker Han stated that during this visit, the Legislative Yuan delegation hopes to convey the voice of Taiwan as a democratic country. Taiwan’s security, he said, is like the four legs of a table: The first leg is defending the Republic of China, the second is defending freedom and democracy, the third is maintaining Taiwan-US relations, and the fourth is maintaining cross-strait peace. The delegation will travel to the US amidst severe cold weather to show that we value our relationship with the US, and our citizens have great hopes and expectations. Speaker Han stated that this will be a cross-party delegation of eight legislators, all of whom have a strong sense of mission. He hopes that all democratic nations will acknowledge Taiwan’s importance, and pay attention to Taiwan’s 23 million people. The delegation, he said, will do its utmost to convey the goodwill and warmth that the people of Taiwan give to each and every one of our good friends.

    Details
    2025-01-31
    President Lai confers decoration on former Lithuanian Foreign Minister Gabrielius Landsbergis
    On the morning of January 14, President Lai Ching-te conferred the Order of Brilliant Star with Special Grand Cordon upon former Minister of Foreign Affairs Gabrielius Landsbergis of the Republic of Lithuania in recognition of his remarkable contributions to deepening Taiwan-Lithuania relations. In remarks, President Lai thanked former Minister Landsbergis for standing firmly with Taiwan and remaining a staunch defender of democratic values, yielding fruitful cooperative results. The president expressed hope that the two countries will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture, and continue to advocate for the values of freedom and democracy so that together we can contribute even more to our nations’ development and to peace and prosperity throughout the world. A translation of President Lai’s remarks follows: Today, by conferring the Order of Brilliant Star with Special Grand Cordon upon former Minister Landsbergis, we recognize his outstanding contributions during his time as foreign minister of Lithuania. On behalf of the people of Taiwan, I thank him for the key role he has played in deepening Taiwan-Lithuania relations. During the COVID-19 pandemic, thanks to the efforts of former Minister Landsbergis, Lithuania was the first European nation to donate vaccines to Taiwan. On that occasion, he stated that “freedom-loving people should look out for each other.” His statement was very moving and left a deep impression on many Taiwanese people. We will never forget it. Former Minister Landsbergis has continued to express the spirit of those words through his concrete actions. With his staunch support, Taiwan and Lithuania have mutually established representative offices. Moreover, our representative office in Lithuania was the first in Europe to incorporate “Taiwan” in its name. As for bilateral cooperation, Taiwan and Lithuania have seen fruitful results in such fields as semiconductors, laser technology, finance, and medicine. Be it overcoming the challenges posed by the pandemic or resisting expanding authoritarianism, former Minister Landsbergis has stood firmly with Taiwan and remained a staunch defender of democratic values. We greatly admire and appreciate his spirit. Today, authoritarian regimes continue to converge, posing threats and challenges to democracies around the world. Taiwan, Lithuania, and other democratic countries must come closer together, drawing on the strength of unity, so as to jointly safeguard freedom and democracy and uphold the rules-based international order. Looking ahead, we hope that Taiwan and Lithuania will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture. Let us continue to advocate for the values of freedom and democracy. Together, we can contribute even more to our nations’ development and to peace and prosperity throughout the world. In closing, I once again thank you, former Minister Landsbergis, for your support and for all that you have done for Taiwan. We welcome you and your wife to visit often. I wish you both a smooth and successful visit in Taiwan, and hope you leave with lasting memories.    Former Minister Landsbergis then delivered remarks, saying that it is a great honor to receive the decoration today. He noted that only partially can he accept the honor, as there have been many people who worked together with him in the ministry and in the whole country who support the people of Taiwan and see the benefit of supporting democracy in Taiwan. He often says that in Lithuania they remember well the fight for their freedom, and just today, he mentioned, he was shown the permanent exhibition in the Presidential Office, where he saw similar pictures of Taiwanese people fighting for democracy. He emphasized that not even one generation has passed since these events took place here in Taipei or similar events took place in Vilnius. Former Minister Landsbergis said that decision-makers in the Lithuanian government are either people who were themselves fighting for freedom, or, as in his case, those who were sitting on the shoulders of parents who were fighting for freedom. So for them, he underlined, freedom, democracy, liberty, and sovereignty are very real concepts that they cherish, not just things read about in a history book. He said that this is the main connector between Lithuania and Taiwan, a feeling of freedom and support for each other. Former Minister Landsbergis stated that in the face of authoritarians who do not wish us prosperity, who do not wish us freedom and future achievements, what he expects from the future is that the friendship, collaboration, and mutual support between Lithuania and Taiwan will inspire others to join in. This, he said, will make other countries not be afraid to support freedom and democracy, and will allow our group of friends to continue to grow. Lithuanian history, the former minister said, is difficult, and a big part of it was fighting for their freedom. He explained that during the 19th century when Lithuania was part of Russia’s empire, they had several revolutions and uprisings with the aim of becoming free, and that they were fighting for that freedom alongside Poland and Belarus. He then applied a phrase that they used in the revolution of 1864 – “for your freedom and ours,” meaning that they will continue to fight for their freedom while helping Taiwan fight for ours. Also in attendance at the ceremony were former Minister Landsbergis’ wife Dr. Austėja Landsbergienė and Lithuanian Representative to Taiwan Paulius Lukauskas.

    Details
    2025-01-31
    Presidential Office thanks White House for its statement on enduring US commitment to Indo-Pacific region
    On January 10 (US EST), the US White House released a statement on the United States’ Enduring Commitment to the Indo-Pacific Region, in which it reaffirms its position of using a range of methods to help Taiwan maintain a sufficient self-defense capability so as to maintain peace and stability in the Indo-Pacific region and across the Taiwan Strait. Presidential Office Spokesperson Karen Kuo (郭雅慧) on January 11 expressed sincere gratitude to the US government for taking concrete actions to fulfill its security commitments to Taiwan, advancing the close Taiwan-US security partnership, and supporting Taiwan in its efforts to enhance its self-defense capabilities and resilience. Spokesperson Kuo stated that the deepening Taiwan-US security partnership is a critical cornerstone for peace and stability in the Indo-Pacific region. She noted that Taiwan, as a force for good and regional stability, will continue to work alongside like-minded countries to strengthen defense resilience as we jointly defend the values of freedom and democracy and ensure the peace, stability, and prosperity of the Indo-Pacific region.

    Details
    2025-01-01
    President Lai delivers 2025 New Year’s Address
    On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Everyday life and celebration of Russian science at the State University of Management

    Translartion. Region: Russians Fedetion –

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

    On February 8, 1724, Peter I issued a decree on the development of science in the Russian state, as a result of which the first Academy of Sciences and Arts appeared in the country. It differed significantly from its Western counterparts by the presence of a university and a gymnasium in its structure, where talented young people studied regardless of their financial status, including commoners. In 1999, on the occasion of the 275th anniversary of the founding of the Academy, a holiday for all scientists, professors and students was established – Russian Science Day.

    Over the past year since the last holiday, the State University of Management has made significant progress in various scientific research and development. In 2024, 19 projects were completed, and 8 more are in the implementation stage. Two new dissertation councils were held: Regional and Sectoral Economics, Logistics and Transport Systems (jointly with BPU named after Shukhov). The number of RSCI publications exceeded 3,500 units, and VAK publications – 1,169.

    The Advanced Engineering School “RosGeoTech” continues its work together with the GGNTU named after Academician M.D. Millionshchikov. The projects ABRIS (Autonomous unmanned and robotic innovative systems in oil and gas, energy and construction engineering) and “GeoMap” (formation of an interactive map of geothermal resources of Russia) are being implemented. Within the framework of the first, for example, a droneport is being developed – a robotic complex for servicing UAVs.

    In the spring of 2024, young scientists from the State University of Management won a grant from the Ministry of Science and Higher Education to implement a large-scale high-tech project in the field of agro-industrial technologies. The digital village project is being developed in a consortium with the Omsk Agrarian Scientific Center (Omsk ASC) and the Udmurt State University (UdSU).

    Our scientists and the university management actively participate in various forums and conferences. During the year, 16 such events were attended. Among the largest of them, one can name the IV Congress of Young Scientists in Sirius, where two memorandums of cooperation were signed, an open meeting of the Expert Council on International Educational Scientific Cooperation of the State Duma of the Russian Federation was held, and a scientific session on the topic of opportunities for scientists to grow in rural areas.

    Young talents from our university also visit Moscow schools and share their knowledge there as part of the All-Russian campaign “Scientists to Schools”.

    Recently, employees of the Reverse Engineering Laboratory of the State University of Management conducted research on the issue of 3D scanning.

    Many orders for digitalization of technical documentation come to the inter-university design bureau based at the State University of Management. This work does not look revolutionary, but it has great practical significance for real productions, significantly facilitating their activities.

    And that’s not all we can talk about. Our university is preparing to test its own drone, developing a unified digital standard for passenger service, fulfilling orders from well-known developers and city authorities, modeling traffic flows, designing parts for road cleaning equipment, and is constantly looking for new partners.

    Projects of SUM scientists win various competitions, and the work of teachers is recognized with the highest prizes and awards. Thus, the team of the First Management headed by the rector Vladimir Stroyev received the Russian Federation Government Prize in the field of education, the head of the Laboratory of Convergent Expertise and Assessment of Technology Maturity Denis Serdechny won a special prize in the Competition for Young Scientists dedicated to the 300th anniversary of the Russian Academy of Sciences, the director of the Center for Management of Engineering Projects Vladimir Filatov won in the nomination “My Pedagogical Initiative” of the All-Russian competition “My Country – My Russia”, and the director of the SUM Business Incubator Dmitry Rogov won the All-Russian competition of research “Russian Identity”.

    We don’t know yet what will happen next, but our scientists are ready to predict the future using the latest probabilistic methods based on the theory of decision-making under uncertainty. In the meantime, the Council of Young Scientists of the State University of Management shared its plans for the near future, in particular, the intention to hold the School of Young Scientists in February and the spring inter-university conference of young scientists.

    And today, as part of the “Science Festival,” a solemn ceremony of initiation and presentation of pre-professional class badges is taking place at the State University of Management, for more than 500 tenth-graders from 18 schools in the capital.

    We congratulate all those involved on the Day of Russian Science and wish them great discoveries, breakthrough developments, incredible ideas, and most importantly, the implementation of all their plans and a noticeable contribution to the cause of Russia achieving technological leadership.

    Subscribe to the TG channel “Our GUU” Date of publication: 02/08/2025

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

    MIL OSI Russia News

  • MIL-OSI USA: Democrats Urge Republicans Against Using Medicaid to Bankroll Tax Cuts for the Rich at the Expense of Working Families, Seniors and Americans with Disabilities

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC — Senate Democrats are warning their GOP colleagues against bankrolling tax cuts for the rich by gutting Medicaid and slashing health care for children, seniors, and people with disabilities. 

    Nearly 80 million Americans are enrolled in Medicaid and the Children’s Health Insurance Program (CHIP) nationally. Medicaid alone covers more than 40 percent of births in the United States.  Medicaid offers essential health coverage to people who otherwise couldn’t afford health care, including seniors on fixed incomes, pregnant women, families with young children, and Americans with disabilities.  And in addition to covering services Americans rely on to remain healthy, go to school, and thrive at work, Medicaid also provides essential coverage for mental health and treatment for fentanyl addiction that is ravaging red and blue states alike.  If Medicaid is compromised millions of American working families would lose nursing home care for older loved ones. 

    Noting the importance of Medicaid to all fifty states and the fact that it is one of the most cost-effective health insurance programs in the country with massive implications for every state’s budget, all 47 members of the Senate Democratic Caucus today sent a letter to Senate Majority Leader John Thune (R-SD) and House Speaker Mike Johnson (R-LA), writing: “We urge you to reject proposals that use Medicaid as a piggy bank for partisan priorities and continue to defend the importance of this vital program.”

    Despite a weak claim to “love and cherish” Medicaid, President Trump’s Administration has already put a blanket freeze on federal funds flowing to states, jeopardizing access to Medicaid funds. The White House and Congressional Republicans have also engaged in closed-door discussions on slashing vital health programs, circulating a plan that includes draconian Medicaid cuts of up to $2.3 trillion that would take away people’s health benefits; make it harder for them to retain their health care providers; and prevent seniors from getting nursing home care.

    The 47 U.S. Senators wrote: “Republicans are proposing cuts to the Medicaid program from hundreds of billions to multiple trillions of dollars.   Cuts to Medicaid through drastically changing the program’s financing structure or imposing additional barriers to coverage are dangerous to the millions of people who rely on the program. These proposals will also force states to make difficult decisions that will result in millions getting kicked off their coverage and providers struggling to keep their practices open. States simply cannot absorb these massive funding cuts without hurting children, seniors, people with disabilities, tribal populations, patients with chronic illnesses, and many other Americans who rely on Medicaid.”

    If Congressional Republicans carry out their proposals to slash Medicaid it would hit working people hard and shift a greater financial burden on to states, local taxpayers, and already-strained local hospitals and clinics.  In more rural areas, it would likely lead to the closure of health facilities, leaving vulnerable communities with fewer options for care and decimating the health care workforce.

    Senate Democrats are vowing to do everything they can to protect Medicaid while warning that Republicans’ plan to ram these dangerous cuts through a budget reconciliation process that cannot be filibustered.

    “While we disagree on these costly and misguided policies, we are hopeful that there is bipartisan understanding of Medicaid’s importance for millions across the country, that the Medicaid program should be enhanced rather than cut, and that Republican policies should not be paid for at the expense of working-class Americans losing their health care,” the 47 U.S. Senators wrote, highlighting the fact that Medicaid has a proven track record of being cost-effective and creating opportunities for families and businesses and making communities and the nation healthier and stronger.

    The letter is signed by U.S. Senators Chuck Schumer (D-NY), Ron Wyden (D-OR), Jack Reed (D-RI), Martin Heinrich (D-NM), Angus King (I-ME), Lisa Blunt Rochester (D-DE), Andy Kim (D-NJ), Chris Van Hollen (D-MD), Raphael Warnock (D-GA), Elizabeth Warren (D-MA), Ben Ray Luján (D-NM), Richard Blumenthal (D-CT), John Fetterman (D-PA), Sheldon Whitehouse (D-RI), Jeanne Shaheen (D-NH), Cory Booker (D-NJ), Mazie Hirono (D-HI), Kirsten Gillibrand (D-NY), Peter Welch (D-VT), John Hickenlooper (D-CO), Michael Bennet (D-CO), Tina Smith (D-MN), Richard Durbin (D-IL), Tammy Duckworth (D-IL), Chris Murphy (D-CT), Alex Padilla (D-CA), Gary Peters (D-MI), Chris Coons (D-DE), Amy Klobuchar (D-MN), Jeff Merkley (D-OR), Bernie Sanders (I-VT), Patty Murray (D-WA), Mark Kelly (D-AZ), Ed Markey (D-MA), Tammy Baldwin (D-WI), Maggie Hassan (D-NH), Catherine Cortez Masto (D-NV), Jon Ossoff (D-GA), Adam Schiff (D-CA), Brian Schatz (D-HI), Mark Warner (D-VA), Tim Kaine (D-VA), Jacky Rosen (D-NV), Angela Alsobrooks (D-MD), Elissa Slotkin (D-MI), Ruben Gallego (D-AZ), and Maria Cantwell (D-WA).

    Full text of the letter follows:

    Dear Majority Leader Thune and Speaker Johnson:

    As we begin a new Congress, we seek to pursue policies that improve the lives of Americans across this country. However, we are deeply concerned about recent reporting on Republican plans to use the budget reconciliation process to advance President Trump’s reckless agenda. While we disagree on these costly and misguided policies, we are hopeful that there is bipartisan understanding of Medicaid’s importance for millions across the country, that the Medicaid program should be enhanced rather than cut, and that Republican policies should not be paid for at the expense of working-class Americans losing their health care.

    Medicaid is a lifeline for communities across the country. Nearly 80 million Americans get their health insurance through Medicaid and the Children’s Health Insurance Program (CHIP), which provide services Americans rely on to remain healthy, go to school, and thrive at work. Medicaid pays for nearly half of all births in the U.S., provides health insurance coverage to nearly half of all of America’s children, provides care to 3 in 5 nursing home residents, and provides peace of mind to 17 million women of reproductive age. Medicaid is also a lifeline for rural communities, with children and non-elderly adults in rural areas more likely to be covered by Medicaid compared to those in urban areas.

    Republicans are proposing cuts to the Medicaid program from hundreds of billions to multiple trillions of dollars. Cuts to Medicaid through drastically changing the program’s financing structure or imposing additional barriers to coverage are dangerous to the millions of people who rely on the program. These proposals will also force states to make difficult decisions that will result in millions getting kicked off their coverage and providers struggling to keep their practices open. States simply cannot absorb these massive funding cuts without hurting children, seniors, people with disabilities, tribal populations, patients with chronic illnesses, and many other Americans who rely on Medicaid.

    Speaking about Medicaid last week, President Trump said, “We’re not going to do anything with that, unless we can find some abuse or waste. The people won’t be affected. It will only be more effective and better.”

    Given that levels of abuse and waste within Medicaid are not commensurate to cutting billions from the program, President Trump and Congressional Leadership should uphold this commitment to enhance, rather than gut, Medicaid. The American people should be assured that Medicaid will be protected. We urge you to reject proposals that use Medicaid as a piggy bank for partisan priorities and continue to defend the importance of this vital program.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI China: China, Indonesia renew currency swap agreement

    Source: China State Council Information Office

    The People’s Bank of China (PBOC), the country’s central bank, has renewed a bilateral currency swap agreement with the Bank Indonesia.

    The total value of the agreement is 400 billion yuan (about 55.79 billion U.S. dollars), or 878 trillion Indonesian rupiah, the PBOC said in a statement on its website.

    The agreement is valid for five years and can be renewed upon mutual consent, according to the statement.

    The currency swap arrangement will strengthen financial cooperation between China and Indonesia, promote and facilitate bilateral trade and investment, and safeguard the stability of the financial markets, the statement added.

    MIL OSI China News

  • MIL-OSI USA: Kaine Introduces Legislation to Expand Congressional Oversight of Foreign Assistance

    US Senate News:

    Source: United States Senator for Virginia Tim Kaine

    WASHINGTON, D.C. — Today, U.S. Senator Tim Kaine (D-VA), a member of the Senate Foreign Relations Committee, led the introduction of the Foreign Assistance Accountability and Oversight Act, legislation to expand congressional oversight of foreign assistance decision-making. The bill would require the State Department’s Director of Foreign Assistance to be confirmed by the U.S. Senate and for all foreign assistance funding provided to the State Department or U.S. Agency for International Development (USAID) to be used as directed within 90 days of its appropriation by Congress. The Director of Foreign Assistance is currently not confirmed by the Senate, and the Trump Administration has refused to publicly identify the individual currently occupying this powerful position.

    “Foreign assistance is not a handout. It is a critical part of our national security strategy and a key tool to keep Americans safe from disease, narcotics and instability. China has rapidly expanded its foreign assistance over the past decade, and would like nothing more than for the United States to retreat on the global stage. The Trump Administration’s recent attempts to destroy USAID and U.S. foreign assistance programs emboldens China, Russia, and Iran, makes Americans less safe, puts thousands of Americans out of work, and is already causing cause immense human suffering for millions of people around the world,” said Kaine. “That’s why I’m introducing this bill to force congressional oversight of this lawless and damaging behavior.”

    “USAID saves lives and is critical to U.S. national security,” said Bennet. “As the Trump Administration threatens this crucial agency, our bill will reaffirm USAID’s independence and ensure the delivery of U.S. foreign assistance worldwide.”

    “Donald Trump and Elon Musk’s attempts to dissolve USAID are not only illegal, but pose a grave threat to our national security,” said Booker. “My colleagues and I refuse to stand by and watch as they try to dismantle a crucial agency that provides life-saving support overseas, services that keep Americans safe at home, and programs that prevent our adversaries from gaining a foothold. This legislation will ensure U.S. leadership in foreign affairs is preserved.”

    “The Trump administration’s attempts to gut foreign assistance and shut down USAID don’t just weaken our national security and strengthen China at our expense. They’re also clearly illegal and unconstitutional,” said Coons. “This bill makes clear that Congress plays a critical, constitutional role in funding and overseeing our nation’s foreign aid apparatus and reins in the chaos of the Trump administration to ensure their foreign policy doesn’t actively harm Americans and their interests.”

    “Donald Trump and Elon Musk illegally dismantling USAID would not only jeopardize the safety and well-being of innocent people around the world, but it would also hurt our national security, make our country less safe and cost taxpayers more money—not less,” said Duckworth. “This is yet another illegal power grab by the President—and Americans will undoubtedly feel the ramifications as bad actors like the PRC and Russia step in to fill the leadership vacuum that Trump so foolishly created. Our legislation would help push back against this dangerous agenda by strengthening our foreign assistance programs, increasing Congressional oversight of the State Department and reaffirming that this Administration must follow the law as written by Congress.”

    “USAID is the reason deadly infectious diseases are monitored and contained, countries become more free and prosperous, and humanitarian crises are minimized.  More than 70 million people have gained access to clean drinking water in the last decade, thanks to USAID.  PEPFAR, a USAID program, curtailed the AIDS epidemic in Africa, saving more than 25 million lives.  Simply put, investing in USAID is a smart investment for everyone.  President Trump’s draconian decision to gut USAID and its funding puts innocent lives and American influence across the globe at risk,” said Durbin.  “I’m introducing legislation with Senator Kaine to protect the agency and its lifesaving work.”  

    “A President is not a King. Trump cannot eliminate USAID with the stroke of a pen. Not only is it illegal—it is a gift to our adversaries,” said Merkley.

    “What Donald Trump and Elon Musk have done over the last week to shutter USAID is not only a flagrant violation of the law, it is a dangerous concession to our adversaries who will fill the void we leave behind, and it is devastating for the thousands of Americans who have dedicated their lives to a mission that makes America safer, stronger, and more prosperous,” said Murray. “This bill reasserts what we already know—that USAID is critical to our national security and global leadership and cannot be dismantled by an unelected billionaire with an axe to grind—and it ensures greater accountability for the political appointees leading these efforts.”

    “President Trump and Elon Musk’s brazen and illegal attempt to dismantle USAID makes us all less safe by limiting our ability to fight infectious diseases, stabilize war-torn regions, and prevent gang violence that drives migration,” said Padilla. “Transparency and proper oversight are essential to ensure USAID can continue providing vital congressionally-mandated foreign assistance to protect our national security interests here at home.”

    “USAID prevents famines, counters extremism, combats disease, and creates more markets for U.S. exports,” said Klobuchar. “Eliminating USAID makes the world a more dangerous place for Americans, is a gift to China and Russia, and hurts American farmers who feed the world. Our bill reaffirms the independence of USAID, as intended by Congress.”

    “USAID plays a critical role in protecting America’s national security, strengthening international partnerships, and addressing crises around the world,” said Rosen. “This bill will safeguard against Elon Musk’s unlawful attempts to target USAID and our federal workers, and weaken America’s influence around the globe.”

    “Helping our allies and partners makes us safer, boosts our economy, and maintains our leadership around the world,” said Schatz. “This bill strengthens the implementation of foreign assistance funds that Congress provides by ensuring it is distributed in a timely and transparent manner, consistent with the law.”

    “With the recent efforts to dismantle USAID, it is essential that we have increased accountability over the foreign assistance programs at the State Department and USAID. By codifying authorities of the Office of Foreign Assistance at the State Department and requiring that all funds appropriated to State or USAID be obligated in a timely manner, we are taking steps to ensure that crucial support is directed to those in need,” said Schiff.

    “The humanitarian assistance that the U.S. provides not only saves countless lives, it is also an essential and cost-effective part of our overall national security and foreign policy strategy. In acting illegally to dismantle USAID, Donald Trump and Elon Musk are aiding and abetting our adversaries while making Americans less safe. This legislation makes it abundantly clear that neither Presidents – nor unelected billionaire megadonors – can ignore the legal duty to implement the laws duly enacted by the Congress,” said Van Hollen.

    “President Trump and Elon Musk—making wildly false and defamatory accusations— have made it clear that they could care less about the thousands of dedicated American aid workers and millions of people around the world who depend on USAID’s life-saving work. They are trying to destroy as much of USAID as they can get away with, and the fact that it’s illegal and unconstitutional is of no concern to them. We will not stand by while an agency that plays a unique and indispensable role in protecting U.S. interests and security is dismantled,” said Welch. “This bill will strengthen our foreign assistance programs and help ensure that the will of Congress prevails.”

    In addition, the legislation expresses the sense of Congress that foreign assistance is critical to U.S. national security, reiterates USAID’s status as a legally independent agency, specifies the exact authorities of the Office of Foreign Assistance, and creates an extra layer of review for personnel decisions within the Office of Foreign Assistance.

    The legislation was cosponsored by U.S. Senators Michael Bennet (D-CO), Cory Booker (D-NJ), Chris Coons (D-DE), Tammy Duckworth (D-IL), Dick Durbin (D-IL), Edward J. Markey (D-MA), Jeff Merkley (D-OR), Patti Murray (D-WA), Amy Klobuchar (D-MN), Alex Padilla (D-CA), Gary Peters (D-MI), Jacky Rosen (D-NV), Bernie Sanders (I-VT), Brian Schatz (D-HI), Adam Schiff (D-CA), Chris Van Hollen (D-MD), Peter Welch (D-VT) and Sheldon Whitehouse (D-RI).

    Full text of the bill is available here.

    MIL OSI USA News

  • MIL-OSI USA: Grassley Digs into Waste, Fraud and Abuse at DOD’s Office of Net Assessment

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) is calling on the Department of Defense (DOD) to eliminate egregious waste, fraud and abuse at the Office of Net Assessment (ONA). In a letter to Defense Secretary Pete Hegseth, Grassley pressed DOD to determine how many formal net assessments ONA has completed since 2007 and whether its purpose is still necessary in light of its consistently wayward performance.

    “Since 2019, I’ve engaged in oversight of the Office of Net Assessment within the Department of Defense, requesting information and documents related to Professor Stefan Halper’s contracting work and ONA’s contracting practices more broadly. To date, ONA has failed to provide full and complete responses to my inquiries,” Grassley wrote.

    ONA is tasked with researching and comparing trends in military capabilities to identify future threats and opportunities. However, Grassley’s oversight has shown it has breached contracting rules and inappropriately spent millions of taxpayer dollars on projects unrelated to a net assessment.

    In his letter today, Grassley requested all ONA-produced net assessments since 2007 and the date when ONA plans to conduct its next assessment. Grassley also requested a full list of contracts issued over the last 10 years, including the total cost of each contract to the taxpayer in unclassified form after ONA previously improperly classified the information to hide it from public scrutiny.

    “I remain concerned that ONA is not performing its mission for the taxpayer and has engaged in financial waste. Moreover, ONA’s improper classification of taxpayer funded work product must come to an end,” Grassley continued.

    Grassley has scrutinized ONA’s contracting practices since 2019, with a particular focus on contracts awarded to Stefan Halper. Halper was a confidential human source tasked by the Obama and Biden administrations’ FBI to surreptitiously record members of President Trump’s 2016 election campaign during the Crossfire Hurricane investigation.

    Text of Grassley’s letter to Defense Secretary Pete Hegseth follows:

    February 7, 2025

    VIA ELECTRONIC TRANSMISSION

    The Honorable Pete Hegseth

    Secretary

    Department of Defense

    Dear Secretary Hegseth:

    Since 2019, I’ve engaged in oversight of the Office of Net Assessment (ONA) within the Department of Defense (DoD) requesting information and documents related to Professor Stefan Halper’s contracting work and ONA’s contracting practices more broadly.[1]  To date, ONA has failed to provide full and complete responses to my inquiries.[2]

    As part of my oversight, in January 2020, I requested that ONA “provide a list of all contracts issued for each year over the last five years, the title of each funded project, and the total cost of each contract to the taxpayer.”[3]  I also asked that ONA specify which of these projects were considered classified research.[4]  On February 5, 2020, ONA produced a list of contracted work, but classified all of it.[5]  On June 18, 2020, I wrote again to ONA noting that the list was improperly classified and only served to hide information that the taxpayers ought to know about.[6]  Accordingly, I requested that the entire list of contracts and funded projects be declassified and provided to my office.[7]  In response, on July 1, 2020, ONA stated that “it remains [Director Baker’s] judgement that the previous classified enclosure should remain classified.”[8]  Such a position is indefensible and is designed to prevent embarrassment, which my oversight has previously highlighted. 

    For example, in my June 18, 2020, letter, I noted a paper entitled, “On the Nature of Americans as a Warlike People: Workshop Report,” which was authored by the Long Term Strategy Group (LTSG).[9]  The workshop paper highlighted the “level of American belligerency . . . [which is] the result of the persistence of Scotch-Irish culture in America, with its emphasis on violent responses to challenge[.]”[10]  It further stated that “[t]he role of Scotch-Irish culture must also be understood as having been reinforced by slaveholding, and American Protestant religious beliefs,” and that the Scotch-Irish culture was “shaped by endemic warfare that placed high value on violent and immediate personal responses to challenges and high loyalty to clan and kin.”[11]  The paper continued by stating that the Scotch-Irish culture placed value “on violent immediate responses to challenges [which] shaped [their] views, and thus of the United States as a whole, toward war.”[12]  Additionally, in my June 2020 letter, I also raised concerns that ONA spent taxpayer dollars on a paper titled, “A Technical Report on the Nature of Movement Patterning, the Brain and Decision-Making,” which focused largely on Vladimir Putin’s neurological development and potential Asperger’s diagnosis.[13]  These have nothing to do with ONA’s core mission, which is to produce a net assessment that measures our military capabilities against our foreign adversaries. 

    My oversight work has shown that ONA has lost its way.  In June 2020, I introduced legislation that required ONA to perform the work it was created to do—complete a net assessment, which at that time hadn’t been done since 2007.[14]  That legislation included a provision requiring the DoD Inspector General (IG) perform a comprehensive review to determine ONA’s failure to comply with government contracting laws and regulations for research projects.[15]

                I remain concerned that ONA is not performing its mission for the taxpayer and has engaged in financial waste.  Moreover, ONA’s improper classification of taxpayer funded work product must come to an end.  So that Congress can conduct independent oversight of ONA and determine how it has used taxpayer dollars to comply with its mission, please provide answers to the following questions by February 21, 2025:

    1. From 2007 to 2025, provide all ONA produced net assessments.
    2. When does ONA plan to conduct its next net assessment?  Provide all records.[16]
    1. Provide a list of all contracts issued for each year over the last ten years, the title of each funded project to the extent applicable, the recipient of taxpayer money, and the total cost of each contract to the taxpayer.  Produce that information to me in unclassified form.

    Thank you for your prompt review and responses.  If you have any questions, please contact Tucker Akin on my Committee staff at (202) 224-7708.


    [1] Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to the Honorable Mark Esper, Secretary, Department of Defense (July 12, 2019), https://www.grassley.senate.gov/imo/media/doc/2019-07-12%20CEG%20to%20DoD%20(Halper%20Contracts)_0.pdf; Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to the Honorable Mark Esper, Secretary, Department of Defense (Oct. 31, 2019), On File with Committee Staff; Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to James Baker, Director, Office of Net Assessment, Department of Defense (Jan. 22, 2020), On File with Committee Staff; Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to James Baker, Director, Office of Net Assessment, Department of Defense (June 18, 2020), On File with Committee Staff; and Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, and Sen. Ron Johnson, Chairman, Senate Homeland Security and Governmental Affairs Committee, to the Honorable Mark Esper, Secretary, Department of Defense (Oct. 14, 2020), On File with Committee Staff.

    [2] Id.

    [3] Letter from Sen. Charles E. Grassley (Jan. 22, 2020), supra note 1.

    [4] Id.

    [5] Letter from James Baker, Director, Office of Net Assessment, Department of Defense, to Sen. Charles E. Grassley, Chairman, Senate Finance Committee, (Feb. 5, 2020), On File with Committee Staff.

    [6] Letter from Sen. Charles E. Grassley (June. 18, 2020), supra note 1.

    [7] Id.

    [8] Letter from James Baker, Director, Office of Net Assessment, Department of Defense, to Sen. Charles E. Grassley, Chairman, Senate Finance Committee, (July 1, 2020), On File with Committee Staff.

    [9] On the Nature of Americans as a Warlike People: Workshop Report, Long Term Strategy Group (Apr. 2009),  https://www.esd.whs.mil/Portals/54/Documents/FOID/Reading%20Room/Litigation_Release/Litigation%20Release%20-%20On%20the%20Nature%20of%20Americans%20as%20a%20Warlike%20People%20Workshop%20Report%20%20200904.pdf.

    [10] Id. at 1. 

    [11] Id. at 1, 3.

    [12] Id. at 4.

    [13] Elizabeth F. Ralph, The Pentagon’s Secret Putin Diagnosis, Politico (Feb. 5, 2015), https://www.politico.com/magazine/story/2015/02/putin-autism-pentagon-114937.

    [14] Sen. Charles E. Grassley, Grassley: A Case in Waste, Fraud and Abuse: The Office of Net Assessment, Press Release (July 2, 2020), https://www.grassley.senate.gov/news/news-releases/grassley-case-waste-fraud-and-abuse-office-net-assessment (“Last week I introduced an amendment to the Defense Bill that does several things.  First, it reduces ONA’s budget to 10 million dollars a year.  Second, it requires the Secretary of Defense to create a comprehensive plan to ensure that ONA performs an annual net assessment and complies with federal contracting requirements.  Third, it requires the DOD Inspector General to study and report on ONA’s contracting failures and determine if a net assessment can be done for less than 10 million dollars. Fourth, it requires GAO to perform an audit of the effectiveness of the comprehensive plan.”).

    [15] Id.

    [16] “Records” include any written, recorded, or graphic material of any kind, including letters, memoranda, reports,  notes, electronic data (emails, email attachments, and any other electronically created or stored information),  calendar entries, inter-office communications, meeting minutes, phone/voice mail or recordings/records of verbal  communications, and drafts (whether they resulted in final documents).

    MIL OSI USA News

  • MIL-OSI China: ICC condemns Trump’s sanctions order

    Source: China State Council Information Office

    The International Criminal Court (ICC) on Friday condemned U.S. President Donald Trump’s decision to impose sanctions on the international body.

    “The ICC condemns the issuance by the U.S. of an executive order seeking to impose sanctions on its officials and harm its independent and impartial judicial work,” said The Hague-based court in a statement.

    The Netherlands, the ICC’s host country, and the European Union have both voiced regret.

    Dutch Foreign Minister Caspar Veldkamp wrote on social platform X that “the Netherlands regrets the executive order imposing sanctions on the ICC,” as the court’s work is “essential in the fight against impunity.”

    “Sanctioning the ICC threatens the court’s independence and undermines the international criminal justice system as a whole,” European Council President Antonio Costa wrote on X.

    The European Commission, for its part, stressed the ICC’s “key importance in upholding international criminal justice and the fight against impunity.”

    “The EU will be monitoring the implications of the executive order and will assess possible further steps,” said a commission spokesman.

    The U.S. sanctions consist of financial penalties and visa restrictions for people who help the ICC with the investigation into American citizens and U.S. allies. Trump warned of “tangible and significant consequences” for those involved.

    Trump said his sanctions order came in response to the ICC’s arrest warrants issued in November last year against Israeli Prime Minister Benjamin Netanyahu and then Israeli Defense Minister Yoav Gallant.

    The chamber of the ICC found reasonable grounds that Netanyahu and Gallant each bear criminal responsibility for alleged war crimes and crimes against humanity in Gaza, according to the ICC.

    MIL OSI China News

  • MIL-OSI USA: Warner, Kaine Lead Colleagues in Raising Concerns about Virginia Community Health Centers’ Delays in Accessing Funding

    US Senate News:

    Source: United States Senator for Commonwealth of Virginia Mark R Warner

    WASHINGTON – Today, U.S. Sens. Mark R Warner and Tim Kaine (both D-VA) led 20 of their colleagues in writing a letter to U.S. Department of Health and Human Services Acting Secretary Dorothy A. Fink, M.D. regarding reports that Health Resources and Services Administration (HRSA) grantees, including community health centers, are experiencing significant delays in accessing funding. The senators also expressed concerns about restrictions on regular communications between HRSA and grantees. These issues come after an Office of Management and Budget (OMB) memo that suspended all federal grant and loan funding. The memo has since been rescinded following pressure from the senators, other Democrats in Congress, and the public, but many grantees that rely on federal funding are still experiencing confusion and uncertainty, and have received little to no guidance from the Trump Administration about their funding.

    There are 31 Federally Qualified Health Centers with over 200 locations—a majority of which serve rural areas with limited access to medical care—in Virginia. Due to the funding freeze, several centers within the Capital Area Health Network closed earlier this week. Kaine and Warner met with Virginia community health centers earlier this week.

    “We are writing to express serious concerns regarding reports that Health Resources and Services Administration (HRSA) grantees, such as Community Health Centers (health centers), continue to experience significant delays in accessing funding to support services, as well as restrictions on regular communications with agency staff as a result of the Trump Administration’s January 20, 2025 executive orders to pause external communication from federal agencies, and subsequent memorandum directing all federal departments and agencies to freeze all financial assistance.” wrote the members.

    The members continued, “While nearly 70 percent of health center revenue comes from payments from Medicaid, Medicare, commercial insurance, and self-pay patients, health centers rely on their regular federal grant funding to meet payroll obligations and keep their doors open. Beginning in late January, health centers started reporting issues accessing the Payment Management System (PMS) – getting “locked out”, being denied funding they had been awarded, and experiencing long delays in funding being released. As a result, health centers across the country are experiencing panic, unsure how to pay their staff and keep their doors open.”

    “Despite a judge’s order blocking the funding freeze, we are troubled by reports that health centers are unable to access funding duly appropriated by Congress through the PMS. To compound this issue, our offices have heard troubling reports that since the Trump Administration’s executive orders and funding freeze, funding that has already been appropriated and directed by Congress is still being restricted, and standing webinars, briefings, and meetings are being cancelled at the last minute,” they wrote. “Health centers are receiving little communication regarding these cancellations and changes, and the communication they have received from HRSA has been unclear, directing actions that may conflict with current court orders.”

    “Two-thirds of Virginia’s community health centers are located in the rural areas of our Commonwealth,” said Tracy Douglas, CEO of the Virginia Community Healthcare Association. “For countless hardworking individuals and families in these regions, these health centers are not just a place for medical care—they are a lifeline. People rely on them to stay healthy so they can work, care for their families, and live full, productive lives. It is absolutely imperative that we ensure the continued operation of these vital health centers to protect the well-being of our communities and our nation.”

    In addition to Kaine and Warner, the letter is signed by U.S. Senators Richard Blumenthal (D-CT), Lisa Blunt Rochester (D-DE), Chris Coons (D-CT), John Hickenlooper (D-CO), Angus King (I-ME), Ben Ray Luján (D-NM), Jeff Merkley (D-OR), Jack Reed (D-RI), Bernie Sanders (I-VT), Rev. Raphael Warnock (D-GA), Elizabeth Warren (D-MA), Peter Welch (D-VT), and Ron Wyden (D-OR). The letter is also signed by U.S. Representatives Bobby Scott (D-VA-02), Gerry Connolly (D-VA-11), Don Beyer (D-VA-08), Jennifer McClellan (D-VA-04), Eugene Vindman (D-VA-07), Suhas Subramanyam (D-VA-10), and Sarah McBride (D-DE-At-Large).

    The full text of the letter is available here and below.

    Dear Acting Secretary Fink,

    We are writing to express serious concerns regarding reports that Health Resources and Services Administration (HRSA) grantees, such as Community Health Centers (health centers), continue to experience significant delays in accessing funding to support services, as well as restrictions on regular communications with agency staff as a result of the Trump Administration’s January 20, 2025 executive orders to pause external communication from federal agencies, and subsequent memorandum directing all federal departments and agencies to freeze all financial assistance.

    Community Health Centers provide high-quality primary and preventive care, dental care, behavioral health and substance use disorder services, and low-cost prescription drugs to more than 32 million Americans annually, serving one in five rural Americans and one in three people living in poverty. Nationally, more than 1,400 health centers operate over 15,000 service sites across every state and Territory, employing more than 500,000 individuals and generating nearly $85 billion in economic output.

    Despite the critical role health centers play in addressing health inequities, many centers struggle to keep up with the growing demand for services and rising costs to deliver high-quality care in their communities. While nearly 70 percent of health center revenue comes from payments from Medicaid, Medicare, commercial insurance, and self-pay patients, health centers rely on their regular federal grant funding to meet payroll obligations and keep their doors open. Beginning in late January, health centers started reporting issues accessing the Payment Management System (PMS) – getting “locked out”, being denied funding they had been awarded, and experiencing long delays in funding being released. As a result, health centers across the country are experiencing panic, unsure how to pay their staff and keep their doors open. Due to delays in funding, health centers have reported:

    • “We have put off signing a contract to replace our mammography machine, which has reached end of life, because of this freeze and the uncertainty.”
    • “I’m also now getting providers asking if they should be looking for a new job. Without any understanding and guidance, I’m pretty limited with how much I can actually assure them to do other than tighten our belts…”
    • “Any services that are directly funded by federal funds will be placed on hold…”
    • “We had to use all reserves in 2024. We will not make payroll or any other payments next week without access to this federal funding. Staff will be dismissed without access to federal funds.”
    • “If everything stays the same…the best guess is that we could be fully operational for six months.”
    • “We have the ability to sustain current or full operations for 60 days…Outreach and case management staff…would be in the first wave of layoffs. Unfortunately, those positions rely on federal support as they are typically not reimbursable through third-party payors. In a short period of time, this has had a profound impact on our staff. [Staff are] concerned that we will lose valuable staff members as they are concerned about the stability of the organization.”
    • “We will step back on hiring and likely implement hiring pause unless this is resolved quickly.”
    • “We have enough in reserve to cover two payroll periods.”
    • “The pause in grant funding would create a deficit for us…We would likely need to start reducing staff and healthcare services to the…patients we serve…within the next couple of weeks if the freeze persists.”

    As safety net providers operating on razor-thin margins, health centers need certainty to provide care in underserved communities. In Virginia alone, ongoing delays in accessing funding have caused health centers to close their doors and cancel patient appointments. When health centers close, people with chronic conditions miss appointments, pregnant women miss prenatal visits, and behavioral health services are interrupted, worsening outcomes and increasing costs to the entire health care system.

    Despite a judge’s order blocking the funding freeze, we are troubled by reports that health centers are unable to access funding duly appropriated by Congress through the PMS. To compound this issue, our offices have heard troubling reports that since the Trump Administration’s executive orders and funding freeze, funding that has already been appropriated and directed by Congress is still being restricted, and standing webinars, briefings, and meetings are being cancelled at the last minute. Health centers are receiving little communication regarding these cancellations and changes, and the communication they have received from HRSA has been unclear, directing actions that may conflict with current court orders.

    We request that you provide answers to the following questions in writing no later than Wednesday, February 12, 2025.

    1. How many health centers have draw-down requests pending in the PMS?
      1. How has that number changed, daily, since January 27, 2025?
      2. What is the average wait time from submission of a draw-down request to disbursement of funds prior to January 27, 2025 and after January 27, 2025?
    2. How many health center draw-down requests have been denied since January 27, 2025?
      1. What is the rationale for these denials?
    3. What is the exact timeline for ensuring the PMS is fully operational and disbursing all pending health center draw-down requests?
    4. What specific authority and under which executive action did HRSA or the Department of Health and Human Services use to restrict health center access to the PMS and funding that they had been previously awarded?
    5. Please provide a list of regular standing calls or meetings between HRSA staff and HRSA grantees that have been cancelled since January 20, 2025. Please include the following:
      1. A description of the grantees impacted, including the type of grantees and number of grantees.
      2. Whether funds appropriated by Congress for the purpose of the grant are being withheld from being awarded to the grantees.
    6. Please provide a list of webinars, briefings, information sessions, and trainings that have been cancelled since January 20, 2025. Please include the following:
      1. A description of the purpose of each webinar, briefing, information session, or training.
      2. Whether or not the webinar, briefing, information session, or training is required by statute and if so, provide the corresponding citation.

    Sincerely,

     

    MIL OSI USA News

  • MIL-OSI USA: Warner, Daines Introduce Legislation to Boost Job Growth, Support Virginia Communities

    US Senate News:

    Source: United States Senator for Commonwealth of Virginia Mark R Warner

    WASHINGTON —U.S. Sens. Mark R. Warner (D-VA) and Steve Daines (R-MT), both members of the Senate Finance Committee, introduced legislation that will permanently extend the New Markets Tax Credit (NMTC) in order to encourage redevelopment and new construction in communities across the country, including Virginia. The New Markets Tax Credit Extension Act will permanently extend the NMTC, which attracts capital to low-income communities by providing private investors a 39 percent federal tax credit for investments made in businesses or economic development projects, including housing.

    “The New Markets Tax Credit is a vital tool in the fight to build more housing and encourage investment in communities that need it most. By leveraging this program, we can encourage economic development, expand opportunity and make housing more affordable for families across the country,” said Sen. Warner.

    “The New Markets Tax Credit spurs growth and creates jobs in our communities across Montana. Making this program permanent will encourage the opportunities and economic stability our country needs to continue thriving,” said Sen. Daines.

    NMTC investments take place in all 50 states. In the last 20 years, $81 billion in NMTC allocations has financed more than 8,500 businesses and projects with total project costs of over $130 billion. The NMTC Program created or retained more than 894,000 jobs and supported the construction of over 56.7 million square feet of manufacturing space, 94.5 million square feet of office space, and 67.2 million square feet of retail space across the country.

    The New Markets Tax Credit Extension Act is one of several bills Warner has introduced or plans to introduce in the 119th Congress to expand access to housing and make housing more affordable for Virginians.

    Joining Sens. Warner and Daines in introducing this legislation are Sens. John Boozman (R-AK.), Peter Welch (D-VT), Bill Cassidy (R-LA), Chuck Schumer (D-NY), Cindy Hyde-Smith (R-MS), Jeanne Shaheen (D-NH), Pete Ricketts (R-NE), Amy Klobuchar (D-MN), Jerry Moran (R-KS), Maria Cantwell (D-WA), Roger Wicker (R-MS), John Hickenlooper (D-CO(), Marsha Blackburn (R-TN) and Corey Booker (D-NJ).

    The New Markets Tax Credit has been an essential tool for LISC to finance community revitalization work in Virginia and throughout the country. NMTCs have enabled LISC to finance a wide array of projects in disadvantaged communities, including the Petersburg Public Library, the Anna Julia Cooper School and The Market at 25th project in Richmond’s east end.  These projects provide important educational resources, community facilities, healthy food options and affordable housing for local residents.  LISC strongly supports the New Markets Tax Credit Extension Act and thanks Senator Warner for his leadership in making this vital tax credit permanent,” said Jane Ferrara, Executive Director, LISC Virginia.

    “Our New Markets Tax Credit allocation will allow Locus to fill project financing gaps by providing both equity and affordable debt to projects that may not move forward otherwise.  This financing tool will allow Locus to deepen its outreach efforts and drive more capital into projects that create jobs and drive economic development in areas that need it most,” said Clyde Cornett, CFO and Interim CEO, Locus.

    “New Markets Tax Credits (NMTC) have proven to be vital tools in attracting billions in private investment into local communities. Every $1 of federal funding attracts $8 in private investment, which in turn creates jobs, enlivens communities, and spurs growth. We support a permanent NMTC program that can extend and amplify this efficient, market-driven solution in urban and rural areas across the country,” said Ellis Carr, President & CEO, Capital Impact Partners & CDC Small Business Finance.

    “New Markets Tax Credits have been a game-changer in Appalachia and have helped us create and retain over 8,170 jobs across the region, supporting economic development in underserved communities. We appreciate Senator Warner’s continued leadership and efforts to strengthen the program and to make the New Markets Tax Credits permanent,” said Bryan Phipps, President and CEO, People Incorporated.

    Full text of the bill is available here.

     

    MIL OSI USA News

  • MIL-OSI China: China-Africa digital education center launched at Kenyan university

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

    NAIROBI, Feb. 7 — The China-Africa digital learning center was launched on Friday at the Open University of Kenya in Konza Technopolis city, about 65 kilometers southeast of the Kenyan capital of Nairobi.

    Faculty members from the Open University of Kenya and Donghua University of China graced the ceremony of the China-Africa Regional Cooperation Center for Digital Education and the University of China’s Open Learning Center.

    Elijah Omwenga, vice-chancellor of the Open University of Kenya, said the launch of a digital skills development hub marked a milestone in Sino-Africa collaboration in the field of education.

    In September 2024, Donghua University and Open University of China signed a memorandum of understanding with Open University of Kenya to strengthen collaboration in digital education, said Omwenga.

    “The collaboration has four areas of focus, one of which is to host the Open Learning Center and the China-Africa Regional Cooperation Center for Digital Education,” Omwenga said.

    “Further it will include aspects of staff capacity building, development of both academic and non-academic programs, co-offering of the programs among other activities of mutual interest,” he added.

    Zhao Mingwei, director of the International Cooperation Office at Donghua University, said the launch of the digital learning center reaffirmed the vitality of Sino-Africa cooperation in the field of education and skills development.

    Both China and African partners are aligned in their quest to attain the fourth industrial revolution, necessitating practical cooperation to build the capacity of key players in the digital economy such as youth, Mingwei said.

    “We anticipate joint online programs that will break the geographical barriers and enable students and educators from both sides to share knowledge and experiences,” Mingwei said, adding that the digital learning center will act as a platform for cultural exchange and mutual understanding in a digital era.

    Josphat Mwasiagi, coordinator of the project management unit at Open University of Kenya, said the launch of the flagship digital education center will hasten Kenya’s transition to a resilient knowledge-based economy.

    Wang Xiangxu, deputy dean of the College of International Education at Open University of China, said that cutting-edge courses will be offered at the pioneer digital learning center in Kenya, upskilling the youth and broadening their worldview.

    MIL OSI China News

  • MIL-OSI USA: SBA Offers Relief to Louisiana Small Businesses and Private Nonprofits Affected by the Winter Storm

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced that low interest federal disaster loans are now available to small businesses and private nonprofit (PNP) organizations in Louisiana who sustained economic losses caused by the January 2025 winter storm that occurred Jan. 21-24. The SBA issued a disaster declaration in response to a request received from Gov. Jeff Landry on Feb. 4.

    This disaster declaration covers the counties and parishes of Acadia, Ascension, Assumption, Beauregard, Calcasieu, Cameron, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Orleans, Plaquemines, St. Bernard, St. Charles, St. Helena, St. James, St. John The Baptist, St. Landry, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Vermilion, Washington and West Baton Rouge in Louisiana, as well as Amite and Pike counties in Mississippi, and Newton and Orange counties in Texas.

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

    EIDLs are for working capital needs caused by the disaster and are available even if the business did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.

    Loan amount can be up to $2 million with interest rates of 4% for small businesses and 3.625% for PNPs, with terms up to 30 years. The SBA determines eligibility and sets loan amount and terms based on each applicant’s financial condition. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement.

    Beginning Friday, Feb.7, SBA customer service representatives will be on hand at a Virtual Business Recovery Center to answer questions about SBA’s disaster loan program, explain the application process and help individuals complete their application.

    Virtual Business Recovery Center
    Mondays – Fridays
    8:00 a.m. – 4:30 p.m. PST
    FOCWAssistance@sba.gov
    (916) 461-7673

    Closed on Monday, Feb. 17 for President’s Day

    The SBA encourages applicants to submit their loan applications promptly. Applications will be prioritized in the order they are received, and the SBA remains committed to processing them as efficiently as possible.

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

    The deadline to apply for economic injury is Nov. 25.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News

  • MIL-OSI Security: Man Sentenced for Sweepstakes Scam Targeting Elderly

    Source: Office of United States Attorneys

    SAN DIEGO – Fabrisio Arias was sentenced in federal court today to 41 months in prison for his part in an international scam that tricked seniors into believing they’d won a sweepstakes prize, but first they had to pay a fee or tax to release their winnings.

    At today’s hearing, U.S. District Judge Jinsook Ohta also ordered Arias to pay $395,536.05 in restitution to 22 victims.

    According to his plea agreement, between November 2020 and September 2022, Arias was a member of an international conspiracy that defrauded victims in the United States and laundered large amounts of money.

    The conspiracy involved scammers who contacted victims by phone and convinced them to send thousands of dollars to Arias’ home in Fontana, California; and Arias, who laundered the proceeds through his U.S.-based bank accounts. Arias received and transferred most of the ill-gotten gains to coconspirators in Costa Rica, and in the process concealed the nature, source, location, ownership and control of the proceeds.

    The phone scammers in Costa Rica made unsolicited calls to elderly victims in the United States using spoofed numbers. This allowed callers to conceal their identity and make it appear as if the calls originated from locations in the United States.

    During calls with victims, the scammers purported to be with the Internal Revenue Service or the  Federal Trade Commission, and made victims believe they’d won a sweepstakes award or prize and had to pay a fee or tax to release the winnings. The scammers instructed victims to send cashier’s checks, blank money orders or cash to Arias, who scammers falsely identified as a government CPA.

    In reality, there was no sweepstakes prize or award. Arias simply received the fraud proceeds, deposited them into his U.S.-based bank accounts, and notified his co-conspirators in Costa Rica when he received the proceeds. Co-conspirators then contacted the victims again, attempting to convince and pressure them to send more money to release the purported winnings.

    According to the government’s sentencing memorandum, Arias received 200 cashier’s checks and blank money orders from at least 22 victims throughout the U.S. Arias concealed the proceeds and made them appear legitimate by writing false payor names, signatures, and memo line entries on money orders and by commingling the proceeds with funds from his nightclub and used-car businesses. Arias also concealed the proceeds he sent to his co-conspirators in Costa Rica and made them appear legitimate by placing false information on at least 30 wire transfers, claiming the payments were for used cars, a house, or family support.

    The victims – many of whom were in their seventies, eighties, or nineties – suffered financial hardship as a result of the scheme. To make ends meet, one victim had to obtain a reverse mortgage on his home; another had to take money from a family member’s college fund; and another had to return to work after retirement. Several victims lost their life savings, including a victim whose entire 401(k) retirement account was drained.

    Arias received and laundered more than $395,000 in fraud proceeds over the course of nearly two years and sent more than $237,000 of proceeds to his co-conspirators in Costa Rica. Arias kept a substantial portion of the remaining $157,000 as profit.

    “If it seems too good to be true, it probably is,” said U.S. Attorney Tara McGrath. “These schemes can be difficult to identify and very appealing – when in doubt, hang up the phone and report suspicious callers to law enforcement.”

    “Victimizing taxpayers by impersonating IRS employees is a serious crime,” said Acting Special Agent in Charge Brandon Knarr. “TIGTA and our law enforcement partners will do everything within our power to ensure that those involved in the impersonation of IRS employees are prosecuted to the fullest extent of the law.” 

    “The consequences of this type of fraud scheme are far reaching, affecting not only people in the United States, but also across the world,” said Los Angeles Division U.S. Postal Inspector in Charge Matt Shields. “This investigation is just another example of how effective law enforcement agencies can be when they join forces. By working together, we can keep our communities and our vulnerable populations safe from financial exploitation. The U.S. Postal Inspection Service is proud to be at the forefront of the fight against fraud and Postal Inspectors will continue to adapt to the ever changing landscape to stop the scammers and protect our customers.”

    This case was prosecuted by Assistant U.S. Attorney Patrick C. Swan.

    If you think you’ve been contacted by a scammer, report it quickly to the FBI at IC3.gov. There is a team standing by. The faster the report comes in, the more likely we are to stop the transaction and recover your money.

    For other non-life-threatening emergencies, call the National Elder Fraud Hotline at 1-833-FRAUD-11, or go to the Department of Justice’s Elder Justice Initiative website for more information: www.justice.gov/elderjustice.

    DEFENDANT                                   Case Number 22-cr-2745-JO           

    Fabrisio Arias                                     Age: 46                                   Fontana, CA

    SUMMARY OF CHARGES

    Conspiracy – Title 18, U.S.C., Section 371

    Maximum penalty: Five years in prison; a maximum $250,000 fine or twice the gross gain or loss resulting from the offense, whichever is greatest; and a term of supervised release up to 3 years

    Concealment Money Laundering – Title 18, U.S.C., Section 1956(a)(1)(B)(i)

    Maximum penalty: Twenty years in prison; a maximum $500,000 fine or twice the value of the property involved in the transaction, whichever is greatest

    INVESTIGATING AGENCIES

    U.S. Treasury Inspector General for Tax Administration (TIGTA)

    U.S. Postal Inspection Service, Los Angeles Division

    MIL Security OSI

  • MIL-OSI USA: Baldwin, Murray, DeLauro Blast Trump Administration on Halt of Vital Work at Nation’s Largest Public Health Agency

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin

    WASHINGTON, D.C. – U.S. Senators Tammy Baldwin (D-WI), Ranking Member of the Labor, Health and Human Services, and Related Agencies Senate Appropriations Subcommittee, and Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, joined Representative Rosa DeLauro (D-CT-03), Ranking Member on the House Appropriations Committee, in calling out the Trump Administration for the chaos and confusion they have unleashed by pausing communications and critical work, groundbreaking research, and funding for programs Americans rely on at the Department of Health and Human Services (HHS). The legislators also demanded answers from the Trump Administration on the funding freeze that has impacted Medicaid, Head Start and other vital services in their states.

    “The Department’s issuance of internal guidance combined with implementation of sweeping Executive Orders has unleashed significant confusion and hindered the Department’s mission to enhance the health and well-being of all Americans,” wrote the legislators in a letter to Dorothy A. Fink, M.D., Acting Secretary of HHS.

    The legislators outlined their concerns that HHS has paused external communications for weeks that give Americans basic information about the spread of diseases and viruses that impact their communities. As communities across the country deal with avian flu, the Centers for Disease paused the release of a Morbidity and Mortality Weekly Report from January 16 to February 6, the first time in decades that this basic public health communication for states and local communities did not go out. The National Institutes of Health was also forced to cancel over 50 critical meetings, resulting in delays for tens of thousands of grant applications and delaying lifesaving biomedical research and clinical trials across the country.

    Meanwhile on the ground in communities across the country, community health centers have been unable to reach anyone at the Health Resources and Services Administration who can help them access the federal funds that they are owed, while public health data that researchers and local doctors rely on was removed from CDC’s website.

    The legislators also rebuked the Trump Administration for the chaos and confusion caused by an Office of Management and Budget memo that called for a halt on federal funding of agency grant, loan, and other financial assistance programs. While that memo was later rescinded and courts stepped in to pause the freeze on spending, significant confusion and ongoing disruptions in federal funding remain. The legislators warned against continued efforts to override Congress, especially the delay or termination of grants through programs already secured and passed in bipartisan spending legislation.

    “The Department’s actions over the last two weeks have done nothing to improve the health of Americans. They have disrupted early childhood education for our youngest children. They have put at risk opioid prevention and treatment programs and led to domestic violence programs wondering how they can keep their doors open and phones on,” the legislators continued. “They have delayed biomedical research and clinical trials for lifesaving cures for deadly diseases. We are deeply concerned this is a precursor of actions to come from this Administration.”

    Given the lack of transparency or clear communication from HHS, the legislators concluded by demanding more information about the full scope of the HHS communications pause and further information on their plan to implement the flurry of Executive Orders from the Trump Administration in its first few weeks. The legislators requested a response by no later than February 10, 2025. A full list of their questions is available below.

    A full version of this letter is available here and below.

    Dear Acting Secretary Fink,

    We write with serious concerns about actions at the U.S. Department of Health and Human Services (the Department) since January 20, 2025, including a pause in external communications and lack of transparency regarding the Administration’s funding freeze. The Department’s issuance of internal guidance combined with implementation of sweeping Executive Orders has unleashed significant confusion and hindered the Department’s mission to enhance the health and well-being of all Americans.

    On the first full day of the Trump Administration, you sent a memo, “at the direction of the new Administration” to the heads of HHS operating and staff divisions implementing an immediate pause on issuing documents and public communications. Although you noted in the memo that these directives were consistent with precedent, they are clearly more far reaching, restrictive and long-standing than any limitations on communication that have been implemented during previous transitions. As a result, CDC did not issue its Morbidity and Mortality Weekly Report for two weeks, the first time in decades this basic public health communication to states and local communities has not been published. A February 20-21 meeting (notably outside the scope of the “temporary” pause that was supposed to be in effect until February 1) of CDC’s National Vaccine Advisory Committee, which advises HHS leadership on vaccine policy, was cancelled.  The National Institutes of Health cancelled more than 53 FACA meetings, including at least 10 Advisory Committee meetings and innumerable peer review sections, holding up tens of thousands of grant applications and delaying lifesaving biomedical research and clinical trials across the country. Community health centers have been unable to reach anyone at the Health Resources and Services Administration who can help them access the federal funds that they are owed. Public health data that researchers and practitioners rely on was removed from CDC’s website.

    In addition to this internal memo, over the last two weeks the Administration has issued sweeping Executive Orders (EOs) that directly implicate HHS and its programs, and sought to disrupt funding in a manner that far exceeds the President’s legal authority. The Office of Management and Budget issued a memo on January 27 (M-25-13) to heads of executive Departments and agencies directing them to broadly freeze federal funding of agency grant, loan, and other financial assistance programs. While that memo was later rescinded and courts quickly issued Temporary Restraining Orders against its implementation and any freeze, pause, cancelation, or termination of existing grant funding related to recent EOs, it created significant confusion and ongoing disruptions in federal funding. Attempts to illegally pause federal funding led to a nationwide outage of HHS payment management systems including Medicaid portals in all 50 states and organizations continue to have problems accessing their grant funds this week, including Head Start programs and community health centers. Compounding this problem, grantees are largely unable to get answers from their program officers or agency contacts, apparently because of restrictions on external communications. 

    In the midst of this confusion, HHS has begun implementing Trump Administration EOs, many of which focus on broadly undefined terms and provide little concrete information for grantees or Congress. This includes directives to federal grant recipients that they must comply with various EOs which has created more confusion and uncertainty among Federal grant recipients tasked with carrying out HHS’ broad mission. The Department has also provided no information to the Committees on Appropriations regarding how it is implementing EOs that seek to directly alter the availability and uses of funds provided in prior appropriations acts.

    Finally, while we are focused on the most immediate issues created by the Administration’s actions, we are also concerned about continued, ongoing restrictions on HHS grantmaking and communications and the impact they will have on families and communities if they persist for the remainder of the fiscal year. The cancellation of HHS advisory committee meetings and study sections has already delayed the grant making process and impacted tens of thousands of research grants. Implementation of the Trump Administration’s EOs has already delayed the posting of scores of funding opportunity announcements and the awarding of new grants. This not only slows biomedical innovation and destabilizes national security, but it jeopardizes the health and wellbeing of every American. This is particularly concerning given the Administration’s stated intentions to impound federal funding for activities it simply does not support.

    The Department’s actions over the last two weeks have done nothing to improve the health of Americans. They have disrupted early childhood education for our youngest children. They have put at risk opioid prevention and treatment programs and led to domestic violence programs wondering how they can keep their doors open and phones on. They have delayed biomedical research and clinical trials for lifesaving cures for deadly diseases. We are deeply concerned this is a precursor of actions to come from this Administration. Given the tremendous importance and reach of HHS programs, and the lack of transparency over the Department’s actions to date, we write to request additional information. Because most of these questions have been previously provided in writing we request a prompt response by no later than February 10, 2025 at 5pm.

    Regarding the memo issued on January 21, 2025, directing an immediate pause on issuing documents and public communications:

    1. What restrictions on issuing documents and public communications are currently in place as a result of this memo?
    1. Are there any restrictions on communications with Members of Congress and/or Congressional staff, including Appropriations Committee staff? Are there any restrictions on communicating with existing grantees?
    1. Does the directive to pause issuing documents and public communication apply to any part of the grant making process, including the release of notices of award, notices of funding opportunities (NOFOs), or any part of the peer review process? If so, does the Department expect any delay in the awarding of grant funds or posting of funding opportunity announcements? Please provide the total number of grant applications and NOFOs impacted, broken down by agency.
    1. Has the directive to pause issuing documents and public communication resulted in the delay of FACA meetings, including advisory meetings or councils, or peer review sections? If so, please provide the total number of meetings and study sections impacted, broken down by agency. When do you expect any paused activities to resume?
    1. Does the guidance to pause external communications and public documents apply to public health information, including the Morbidity and Mortality Weekly Report (MMWR)?
    1. Does the guidance to pause external communications, or any subsequent guidance provided through acquisition alerts issued by the Office of the Assistant Secretary for Financial Resources, apply to communications between HHS personnel and private vendors for the purposes of acquisition, procurement, or contracting of goods or services necessary to carry out activities under existing grant awards or contracts?
    1. Does the guidance to pause external communications apply to communications between HHS personnel and current grant recipients that are eligible to exercise grant extensions? 

    Regarding Executive Orders:

    1. Describe all actions taken and planned to be taken to implement the Executive Order (EO) “Withdrawing the United States from the World Health Organization (WHO)”, including addressing the specific questions below:
      1. Will the directive to “pause the future transfer of any United States Government funds, support, or resources to the WHO” impact ongoing cooperative agreements between HHS and WHO in the interim between the announcement and the official withdrawal? 
      2. What new activities will HHS have to assume that are currently a function of the United States’ participation in WHO in response to Section 2 (d)(iii) of this EO?
    1. Describe all actions taken and planned to be taken to implement Executive Order “Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government”, including addressing the specific questions below:
      1. How will HHS “assess grant conditions and grantee preferences and ensure grant funds do not promote gender ideology”? How is HHS defining “promote gender ideology”?
      2. Will this assessment include a review of existing grant awards/contracts where funding has already been obligated? 
      3. What if any guidance has been provided to existing grantees/contractors regarding implementation of this EO? If guidance has been provided has it been provided to all grantees or just select grantees? If it’s only been provided to select grantees how was it determined which grantees would receive guidance?
      4. How does HHS plan to implement this EO with regard to future funding opportunities? 
    1. Describe all actions taken and planned to be taken to implement Executive Orders “Ending Radical and Wasteful Government DEI Programs and Preferencing” and “Ending Illegal Discrimination and Restoring Merit-Based Opportunity”, including addressing the specific questions below:
      1. How is HHS identifying offices, positions, initiatives, programs, grants, or contracts implicated by this EO? How is HHS defining equity actions and equity-related grants or contracts?
      2. Provide a list of all offices, positions, initiatives, programs, grants, or contracts that have been identified or terminated as a result of this EO.
      3. What if any guidance has been provided to existing grantees/contractors regarding implementation of these EOs?  If guidance has been provided has it been provided to all grantees or just select grantees? If it has only been provided to select grantees how was it determined which grantees would receive guidance?
    1. How does HHS plan to conduct the Position Reviews referenced in OPM’s memo, “Guidance on Implementing President Trump’s Executive Order titled, ‘Restoring Accountability To Policy-Influencing Positions Within the Federal Workforce’”?        
    1. In response to any Executive Orders issued to date, or as a result of any other administrative action, has HHS issued stop work orders on existing grants/contracts or imposed new restrictions on existing grants/contracts? If so, please explain. 
    1. In response to Executive Orders issued to date, or as a result of any other administrative action, does HHS expect delays in awarding new, renewal or continuation grants relative to the timelines of previous years?
    1. Describe in detail the timeline of events since January 20, 2025 that led to widespread problems with grantees being unable to draw down or access their grant funds from HHS’ Payment Management System in a timely manner, including ongoing problems as of today. When was HHS first aware of problems and what was the cause of them?  When will issues with HHS’ Payment Management System be resolved and what efforts are being made to ensure it is operational as soon as possible?

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Reed, Colleagues Demand Answers About Trump’s Efforts to Restrict & Undermine NSF-Funded Scientific Research

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC – With several major sources of federal research funding in limbo after chaotic directives from the Trump Administration, the National Science Foundation (NSF) has been forced to pause grant review panels, re-examine previously awarded research funding, and initiate the process for dismissing a significant portion of the agency’s workforce.

    Today, U.S. Senator Jack Reed (D-RI) joined with 24 colleagues in sounding the alarm over the Trump Administration injecting partisanship into scientific studies, obstructing critical research, potentially derailing the careers of promising American researchers, and attempting to undermine the U.S. scientific research ecosystem.  The Senators wrote to NSF Director Sethuraman Panchanathan “to express concern about funding delays and widespread confusion at universities and research organizations across the country, resulting from the Trump Administration’s Executive Orders.”  The lawmakers are demanding answers about actions that could damage advancements in scientific discovery and undermine NSF’s mission.

    “In light of NSF’s congressionally mandated mission, we are deeply concerned by recent reports that the Trump Administration’s memoranda and Executive Orders forced the NSF to pause all grant review panels, initiate a re-examination process for existing awards, and develop plans to dismiss a significant portion of the agency’s workforce within the next two months,” the 25 Senators wrote.

    The NSF is an independent federal agency with a $9 billion fiscal year 2024 (FY24) budget that is the funding source for about a quarter of federally supported basic research conducted by U.S. colleges and universities in a variety of fields such as mathematics, biology, computer science, engineering, physics, and marine sciences.  NSF also helps cultivate the nation’s STEM workforce of the future by strengthening academic partnerships and research opportunities with colleges and universities across the country.

    Earlier this month, NSF staff were forced to pause their regular work in order to examine whether any existing grants ran afoul of President Trump’s directive to halt programs aimed at addressing issues of diversity and historic systems of discrimination.

    “We believe these actions are having a devastating impact on our universities and their ability to sustain robust research programs, the Senators continued.  “These pauses will also undermine NSF’s competitive, peer-reviewed research selection process, and could result in a corrupt research system based on ideology and party loyalty rather than independent, scientific inquiry and intellectual integrity.”

    In FY24 alone, NSF awarded $57 million in federal funding to Rhode Island-based research projects. 

    NSF-funded research has helped contribute to numerous, diverse areas of scientific development and discovery, including medical imaging, kidney matching, Doppler radar, geographic information systems (GIS), sign language, and 3D printing.

    In addition to Senator Reed, the letter was signed by U.S. Senators Angela Alsobrooks (D-MD), Tammy Baldwin (D-WI), Michael Bennet (D-CO), Richard Blumenthal (D-CT), Catherine Cortez Masto (D-NV), Tammy Duckworth (D-IL), Richard Durbin (D-IL), Ruben Gallego (D-AZ), Martin Heinrich (D-NM), Mazie Hirono (D-HI), Tim Kaine (D-VA), Mark Kelly (D-AZ), Jeff Merkley (D-OR), Jon Ossoff (D-GA), Alex Padilla (D-CA), Gary Peters (D-MI), Jacky Rosen (D-NV), Bernie Sanders (I-VT), Adam Schiff (D-CA), Jeanne Shaheen (D-NH), Chris Van Hollen (D-MD), Mark Warner (D-VA), Sheldon Whitehouse (D-RI), and Ron Wyden (D-OR).

    The Senators demanded written responses to the following questions no later than February 13, 2025: 

    1.         Have agents of the so-called Department of Government Efficiency established a presence at NSF?  If so, what measures and directives have they established?  What access to NSF’s computer systems do they have?  Do they have sufficient clearances and background checks?

    2.         How much research funding has been placed on hold?

    3.         How many grant review panels has NSF canceled? 

    4.         Will all grant review panels be rescheduled?  If so, for when?

    5.         Will delays in grant approvals impact faculty and students who depend on NSF grants for financial support?

    6.         Is it standard practice for NSF to re-examine existing awards once a new administration takes office?

    7.         How many existing awards is NSF re-examining?

    8.         Will NSF terminate any existing awards?

    9.         Is NSF planning to dismiss “between a quarter and a half of its staff in the next two months,” as reported by E&E News? If so, what authorities enable the NSF to take this action?

    10.       How would NSF ensure that any reduction in force complies with the requirements of Division C, section 505 of the Consolidated Appropriations Act, 2024 (Public Law 118–42)?

    11.       How will these proposed layoffs comply with the agency’s union agreements?

    Full text of the letter follows:

    Dr. Sethuraman Panchanathan

    Director

    National Science Foundation

    2415 Eisenhower Ave

    Alexandria, VA 22314

    Dear Director Panchanathan:

    We write to express concern about funding delays and widespread confusion at universities and research organizations across the country, resulting from the Trump Administration’s Executive Orders. 

    In 1950, Congress established the National Science Foundation (NSF) as an independent federal agency to “promote the progress of science; to advance the national health, prosperity, and welfare; to secure the national defense; and for other purposes.”  Since then, the NSF has served as a critical facilitator and funding source for U.S. research at universities, and has contributed to countless modern advancements – from medical imaging and kidney matching, to Doppler radar and geographic information systems (GIS), to sign language and 3D printing.  NSF’s achievements have relied on its longstanding, merit-based, independent approach to advancing scientific discovery. 

    In light of NSF’s congressionally mandated mission, we are deeply concerned by recent reports that the Trump Administration’s memoranda and Executive Orders forced the NSF to pause all grant review panels, initiate a re-examination process for existing awards, and develop plans to dismiss a significant portion of the agency’s workforce within the next two months.  We believe these actions are having a devastating impact on our universities and their ability to sustain robust research programs.  These pauses will also undermine NSF’s competitive, peer-reviewed research selection process, and could result in a corrupt research system based on ideology and party loyalty rather than independent, scientific inquiry and intellectual integrity.

    Given the severity of this threat, we request that you provide written answers to the following questions by February 13, 2025:

    1. Have agents of the so-called Department of Government Efficiency established a presence at NSF?  If so, what measures and directives have they established?  What access to NSF’s computer systems do they have?  Do they have sufficient clearances and background checks?
    2. How much research funding has been placed on hold?
    3. How many grant review panels has NSF canceled? 
    4. Will all grant review panels be rescheduled?  If so, for when?
    5. Will delays in grant approvals impact faculty and students who depend on NSF grants for financial support?
    6. Is it standard practice for NSF to re-examine existing awards once a new administration takes office?
    7. How many existing awards is NSF re-examining?
    8. Will NSF terminate any existing awards?
    9. Is NSF planning to dismiss “between a quarter and a half of its staff in the next two months,” as reported by E&E News? If so, what authorities enable the NSF to take this action?
    10. How would NSF ensure that any reduction in force complies with the requirements of Division C, section 505 of the Consolidated Appropriations Act, 2024 (Public Law 118–42)?
    11. How will these proposed layoffs comply with the agency’s union agreements?

    We appreciate your attention and prompt response to this important matter.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: ICYMI: Ernst: Kelly Loeffler is the Champion Small Businesses Need

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    WASHINGTON – In case you missed it, Senate Committee on Small Business and Entrepreneurship Chair Joni Ernst (R-Iowa) made the case for the Honorable Kelly Loeffler, based on her success as a business leader, to lead the Small Business Administration (SBA).
    In the Washington Examiner, Ernst lays out how Loeffler, who advanced out of committee this week with bipartisan support, will reverse the damage done over the last four years, increase transparency and accountability at the SBA, and prioritize the needs of small businesses.

    Kelly Loeffler is the champion small businesses need
    By: Chair Joni Ernst 
    In Iowa and across the country, Main Street is in trouble.
    Small businesses are the lifeblood of communities, but under former President Joe Biden’s administration, they were crushed by bureaucratic overreach.
    After four years of price hikes and dismay, optimism on Main Street recently surged to its highest level since 2018 because job creators are eager for Republicans and the Trump administration to revitalize the small business economy.
    That starts with fixing the broken Small Business Administration, which has become a bloated bureaucratic mess.
    Change starts at the top, and we need a proven business leader as SBA administrator to gut the red tape and refocus the agency on serving Main Street.
    As an accomplished businesswoman, Kelly Loeffler is the perfect person for the job.
    Throughout her career, she rose through the ranks at multiple companies due to her determination and grit. She also started many businesses and knows what it takes to be a successful entrepreneur.
    Most importantly, she knows what it means to be overrun by Washington’s bureaucratic overreach — and that the government must instead get out of the way so businesses can thrive.
    I believe substantial reforms must be made to get the SBA back in shape, and that will require strong leadership.
    While the SBA once may have been characterized as a smaller agency, COVID-19-era small business programs made the agency a household name, as it received $1.1 trillion in taxpayer funding to assist small businesses during the pandemic.
    With that funding came big responsibilities, and I remain concerned that the SBA has too often failed to live up to its mission.
    The Biden administration decided to turn a blind eye to COVID-19 fraud and delinquencies, refusing to properly collect outstanding debt and fraudulent funds, which has huge implications for the taxpayer.
    Reports have indicated the SBA charged about $18.6 billion worth of economic injury disaster loans in fiscal 2024.
    The agency has also been unable to provide an accounting of its loans receivable and loan guarantees, which means the Government Accountability Office hasn’t been able to even issue a financial audit of the agency since fiscal 2020.
    The SBA also mismanaged and misinformed Congress last year regarding its disaster loan account, resulting in a shortfall that lasted 66 days — an unacceptable failure for the disaster victims in North Carolina, South Carolina, Georgia, Virginia, and Florida.
    On top of this, it also appears the agency’s workforce continues to stay home, while its more than 246,000-square-foot Washington headquarters sits empty.
    The GAO found that even if everyone did show up to work in person, the SBA’s building space would still only be 67% utilized.
    That is why I introduced a bill to relocate 30% of the headquarters workforce to the SBA district offices across the country and cut 30% of office space. Not only will this save taxpayers money, but it will bring SBA employees closer to the people they serve.
    As chairwoman of the Senate Committee on Small Business and Entrepreneurship, I will work with Loeffler to ensure that the SBA effectively utilizes its personnel and that small businesses across the country can access resources if they need them.
    Small businesses will drive America into the Golden Age, but only if we get Washington out of the way.
    Loeffler will get the job done, and I encourage my Senate colleagues to confirm her, so we can unleash the small business economy.

    MIL OSI USA News

  • MIL-OSI Russia: IMF Executive Board Concludes 2024 Article IV Consultation with Nicaragua

    Source: IMF – News in Russian

    February 7, 2025

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Nicaragua.

    Nicaragua’s economic performance remains robust, underpinned by prudent macroeconomic policies and very strong remittance flows. The economy continues to be open and resilient, on a backdrop of transfers of private property to the state, international sanctions, and a reorientation of official financing. Real GDP growth accelerated to around 4½ percent in 2023 and the first half of 2024, from about 3.8 percent in 2022, on the back of robust domestic demand, while inflation declined. Twin fiscal and external account surpluses are leading to a decline in the public debt-to-GDP ratio and the accumulation of strong buffers.

    Real GDP growth is projected to moderate to 4 percent in the near term and to 3.5 percent in the medium-term, amid a slower pace of remittances growth, limited labor contribution to growth due to recent emigration, and cautious private sector investment decisions. International reserves are expected to grow at a slower pace than in the recent period, with narrowing of fiscal and current account surpluses as the authorities’ increase public investment.

    Risks to the outlook are broadly balanced in the short-term and to the downside in the medium term. Upside risks include stronger domestic demand, while downside risks include lower global growth, a deterioration in the terms of trade, natural disasters, stricter and wider international sanctions, and a change in immigration policies in the U.S. In addition, going forward, domestic and international political developments, and deterioration of the rule of law may also impact economic performance by potentially increasing the cost of doing business.

    Executive Board Assessment[2]

    Executive Directors agreed with the thrust of the staff appraisal. They welcomed Nicaragua’s robust growth, declining inflation and public debt, and fiscal sector and current account surpluses, supported by prudent macroeconomic policies and high remittances. While noting the positive outlook, Directors stressed that risks are to the downside, including from natural disasters, international sanctions, and U.S. immigration policies. They underscored the importance of continued efforts to safeguard macroeconomic stability, strengthen buffers, and support higher and more inclusive growth.

    Directors welcomed the authorities’ commitment to preserving fiscal sustainability, while supporting growth. Efforts to strengthen domestic revenue mobilization, enhance spending efficiency, and support higher capital and social spending are important. Noting the limited availability of concessional financing, Directors highlighted the importance of prudent debt management to safeguard debt sustainability. They underscored the need to mitigate fiscal risks by strengthening fiscal transparency, enhancing oversight of state owned enterprises, and reforming the pension system.

    Directors agreed that monetary policy should remain focused on supporting price stability and the exchange rate regime and highlighted the criticality of policy coordination. They recommended that the Central Bank of Nicaragua adjust monetary and exchange rate policies, as needed, enhance communication, and strengthen monetary policy transmission. Directors encouraged steadfast implementation of the 2021 safeguard assessment recommendations.

    Directors welcomed the commitment to maintaining financial stability. Noting the vulnerabilities, they encouraged proactive provisioning of distressed assets, close monitoring of consumer credit growth, enhanced foreign exchange risk monitoring, and aligning the crisis preparedness framework with international best practice. Measures to increase financial inclusion and deepening, including developing local bond and capital markets, would support medium term growth.

    Directors stressed the need for efforts to promote higher medium term growth and enhance climate resilience. Important measures include increasing human capital investment, targeted social spending, and promoting labor force participation, particularly for women. Directors also called for efforts to enhance the business climate and strengthen government institutions and frameworks to support increased private investment.

    Directors noted the steps taken to enhance governance, anti corruption, and AML/CFT frameworks, and emphasized that further efforts are needed to ensure their effective and appropriate application. They stressed the need to significantly improve the rule of law and safeguard judicial independence. Publishing asset declarations of politically exposed persons and supporting property rights are important. Directors welcomed the authorities’ commitment to enhancing the quality and consistency of statistics.

    It is expected that the next Article IV consultation with Nicaragua will be held on the standard 12 month cycle.

    Table 1. Nicaragua: Selected Social and Economic Indicators, 2023-25

    I. Social and Demographic Indicators

    GDP per capita (current US$, 2023)

    2,606

    Income share held by the richest 10 percent (2014)

    37.2

    GNI per capita (Atlas method, current US$, 2023)

    2,270

    Unemployment (percent of labor force, 2023)

    3.4

    GINI Index (2014)

    46.2

    Poverty rate ($3.65/day line, 2017 PPP, percent, World Bank, 2023)

    12.5

    Population (millions, 2023)

    6.8

    Adult literacy rate (percent, 2015)

    82.6

    Life expectancy at birth in years (2022)

    74.6

    Infant mortality rate (per 1,000 live births, 2022)

    14.0

    II. Economic Indicators

    2023

    2024

    2025

    Projections

    Output

    (Annual percentage change; unless otherwise specified)

    GDP growth

    4.6

    4.0

    4.0

    GDP (nominal, US$ million)

    17,843

    19,204

    20,771

    Prices

    Consumer price inflation (period average)

    8.4

    4.0

    4.0

     

    (Percent of GDP)

    Gross domestic investment

    23.0

    25.0

    26.5

    Private sector

    15.1

    15.8

    15.5

    Public sector

    7.9

    9.2

    11.0

    Gross national savings

    30.8

    31.8

    32.9

    Private sector

    21.5

    22.5

    22.9

    Public sector

    9.3

    9.3

    10.0

    Exchange rate

    Period average (Córdobas per US$)

    36.4

    36.6

     

    Fiscal sector

    (Percent of GDP)

    Consolidated public sector

    balance1/

    2.8

    1.8

    1.1

    Revenue (including grants)

    32.9

    33.2

    33.1

    Expenditure

    30.1

    31.4

    32.0

    of which: Central Government overall balance2/

    2.6

    2.1

    1.3

    Revenue

    21.7

    21.6

    21.6

    Expenditure

    19.1

    19.5

    20.3

    Cash payments for operating activities

    14.6

    14.5

    13.8

    Net cash outflow: investments in NFAs

    4.5

    5.0

    6.5

    Money and financial

    (Annual percentage change)

    Broad money

    11.9

    12.2

    11.2

    Credit to the private sector

    18.1

    18.3

    11.2

    Net domestic assets of the banking system

    -8.0

    5.8

    1.3

    Non-performing loans to total loans (ratio)3/

    1.2

    1.7

    Regulatory capital to risk-weighted assets (ratio)3/

    19.1

    19.2

    External sector

    (Percent of GDP, unless otherwise indicated)

    Current account

    7.7

    6.7

    6.4

    Remittances

    26.1

    27.2

    26.1

    Capital and financial account

    4.1

    2.5

    3.0

    Gross international reserves (US$ million)4/

    5,190

    5,907

    6,729

    In months of imports excl. maquila

    7.0

    7.4

    7.7

    Net international reserves (US$ million)5/

    4,249

    4,979

    5,724

    In months of imports excl. maquila

    5.7

    6.3

    6.7

    Non-financial public sector debt6/

    49.6

    46.9

    44.9

    Domestic public debt

    10.3

    8.0

    6-9

    External public debt

    39.3

    38.9

    38.0

    Private sector external debt

    31.0

    28.6

    26.2

    Sources: National authorities; World Bank; and IMF staff calculations.

    1/ The consolidated public sector comprises the central government, the municipality of Managua, the state-owned enterprises, social security system (INSS) and the central bank.

    2/ Include transfers to cover the INSS deficit for 2023-25, 0.5 percent of GDP per year, and payment for historical debt (0.7 percent of GDP in 2023).

    3/ 2024 data is as of September 2024.

    4/ Excludes resources from the Deposit Guarantee Fund for Financial Institutions (FOGADE).

    5/ Excludes FOGADE and reserve requirements for FX deposits.

    6/ Assumes that HIPC-equivalent terms were applied to the outstanding debt to non-Paris Club bilaterals. Does not include SDR allocation.

             

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

    [2] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Brian Walker

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

    https://www.imf.org/en/News/Articles/2025/02/06/pr-2532-nicaragua-imf-executive-board-concludes-2024-article-iv-consultation-with-nicaragua

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: Merkley, Murray, King, Heinrich Sound the Alarm Over National Parks Staffing Shortages Due to Trump’s Hiring Freeze

    US Senate News:

    Source: United States Senator for Maine Angus King

    WASHINGTON, D.C. – Senate Interior-Environment Appropriations Subcommittee Ranking Member Jeff Merkley (D-OR), Senate Appropriations Committee Vice Chair Patty Murray (D-WA), Senate Energy and Natural Resources National Parks Subcommittee Ranking Member Senator Angus King (I-ME), and Senate Energy and Natural Resources Committee Ranking Member Martin Heinrich (D-NM) urged newly confirmed U.S. Department of the Interior Secretary Doug Burgum to immediately take action to resolve looming staffing shortages at the National Park Service.

    The letter follows President Trump’s hiring freeze, his cancellation of thousands of job offers for seasonal National Park Service employees, and his buyout offers made without clear legal authority. These actions pave the way for a damaging loss of staff at national parks across the nation in the coming summer months and beyond.

    “Without seasonal staff during this peak season, visitor centers may close, bathrooms will be filthy, campgrounds may close, guided tours will be cut back or altogether cancelled, emergency response times will drop, and visitor services like safety advice, trail recommendations, and interpretation will be unavailable,” wrote the Senators.

    “We are also alarmed that the administration’s offer of deferred resignation and voluntary early retirement, made without clear legal authority, as well as open threats about future terminations will lead to a damaging loss of full-time staff at the National Park Service, which is already operating well below prior staffing levels despite significant increases in visitation,” the Senators continued. “As a result of onerous budget caps during the 2010s, the National Park Service lost 15% of its staff while park visitation also increased by 15%. If a significant number of National Park Service employees take one of the offers – or further terminations are made – park staffing will be in chaos.  Not only does this threaten the full suite of visitor services, but could close entire parks altogether.”

    The Senators concluded, “Americans showing up to national parks this summer and for years to come don’t deserve to have their vacations ruined by a completely preventable – and completely irresponsible – staffing shortage. And local economies don’t deserve to have their livelihoods destroyed for political gain. We urge your cooperation in protecting national parks for the enjoyment of everyone by ensuring National Park Service staffing meets the needs of the 433 national park units in all 50 states.”

    In addition to Merkley, Murray, King, and Heinrich, the letter is signed by U.S. Senators Jon Ossoff (D-GA), John Fetterman (D-PA), Mark Warner (D-VA), Jack Reed (D-RI), Ron Wyden (D-OR), Jeanne Shaheen (D-NH), Bernie Sanders (I-VT), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Kirsten Gillibrand (D-NY), Edward J. Markey (D-MA), Chris Van Hollen (D-MD), Mazie Hirono (D-HI), Cory Booker (D-NJ), Tim Kaine (D-VA), Alex Padilla (D-CA), Maria Cantwell (D-WA), and John Hickenlooper (D-CO).

    Full text of the letter can be found by clicking here and below.

    +++

    Dear Secretary Burgum: 

    We urge you to immediately reissue seasonal employment offers for the National Park Service, officially rescind damaging and short-sighted deferred resignation and early retirement offers, and to instead work to safeguard, grow, and shape the National Park Service workforce to meet the needs of our national parks and their visitors.

    We are alarmed that the National Park Service revoked employment offers for seasonal staff for the upcoming summer season. Incoming seasonal staff – whose work is critical to managing the influx of visitors during the summer “peak season” – had offers in their hands that were yanked away just days after the inauguration.

    National Park Service rangers carry out a wide array of functions critical to protecting natural resources, keeping visitors safe, providing for recreation, and creating an inspiring and educational experience for visitors. National Park units experience a summer surge in visitation that peaks in July, and the Service hires more than 6,000 seasonal employees to manage that extra work. Without seasonal staff during this peak season, visitor centers may close, bathrooms will be filthy, campgrounds may close, guided tours will be cut back or altogether cancelled, emergency response times will drop, and visitor services like safety advice, trail recommendations, and interpretation will be unavailable. 

    We are also alarmed that the administration’s offer of deferred resignation and voluntary early retirement, made without clear legal authority, as well as open threats about future terminations will lead to a damaging loss of full-time staff at the National Park Service, which is already operating well below prior staffing levels despite significant increases in visitation. As a result of onerous budget caps during the 2010s, the National Park Service lost 15% of its staff while park visitation also increased by 15%. If a significant number of National Park Service employees take one of the offers – or further terminations are made – park staffing will be in chaos.  Not only does this threaten the full suite of visitor services, but could close entire parks altogether.

    Gutting staffing at national park units will devastate local “gateway” communities where parks generate significant economic activity – from hotels to restaurants to stores to outfitters. In 2023, an estimated 325 million park visitors spent an estimated $26.4 billion in local gateway regions, supporting an estimated 415,000 jobs and $55.6 billion in total economic output in the national economy.

    Americans showing up to national parks this summer and for years to come don’t deserve to have their vacations ruined by a completely preventable – and completely irresponsible – staffing shortage. And local economies don’t deserve to have their livelihoods destroyed for political gain. We urge your cooperation in protecting national parks for the enjoyment of everyone by ensuring National Park Service staffing meets the needs of the 433 national park units in all 50 states.

    MIL OSI USA News

  • MIL-OSI USA: Hickenlooper, Young, Coons, Cornyn Reintroduce Bipartisan Bill to Strengthen Critical Minerals Supply Chains

    US Senate News:

    Source: United States Senator John Hickenlooper – Colorado
    STRATEGIC Minerals Act would increase U.S. supply of critical minerals essential for energy and national security technologies
    WASHINGTON – Today, U.S. Senators John Hickenlooper, Todd Young, Chris Coons, and John Cornyn reintroduced their bipartisan Securing Trade and Resources for Advanced Technology, Economic Growth, and International Commerce (STRATEGIC) Minerals Act to strengthen America’s critical minerals supply chain by expanding trade with international partners.
    This December, China announced that they would immediately block the export of gallium, germanium, and antimony to the U.S. These minerals are essential to the U.S. defense industry, clean energy, and advanced technologies like microchips.
    “Critical minerals are key to our clean energy future and American innovation,” said Hickenlooper. “China currently controls the supply chain for many of these essential resources. Our international allies will help us diversify our critical mineral supply and strengthen our national security.”
    “Our nation depends on critical minerals for everything from consumer goods to defense technologies, and relying on foreign adversaries for these materials is a national security vulnerability we cannot afford,” said Young. “Negotiating more trade agreements specific to critical minerals with trusted partners will help shore up our supply of these resources, protect American interests, and strengthen our national security.”
     “If America is to remain a superpower, we need resilient supply chains for critical minerals— and that means strong relationships with reliable trading partners around the world,” said Coons. “The STRATEGIC Minerals Act will help us achieve that goal, and it’s one more way Congress is doing its part to position the U.S. to produce the technologies that will define the rest of the 21st century.”
    “China dominates the critical minerals supply chain, which leaves America vulnerable to national security risks,” said Cornyn. “By shoring up America’s critical minerals supply chain, this legislation would increase our competitiveness on the world stage, reduce our dependence on foreign adversaries, and foster greater trade with trusted allies.”
    Critical minerals are essential for U.S. technologies including smartphones, electric vehicle batteries, solar panels, and wind turbines. Experts warn that U.S. dependence on China for these critical minerals poses a significant risk to national security. This legislation addresses these challenges by building up domestic processing and establishing a diverse network of trade alliances that protect U.S. critical mineral supply chains.
    Specifically, the Strategic Minerals Act would:
    Authorize the president to negotiate specialized trade agreements for critical minerals
    Set trade negotiation objectives aiming to reduce or eliminate trade barriers with allies
    Prohibit critical minerals negotiations with countries designated as non-market economies unless approved by a joint resolution of Congress
    Require the president to consult with Congress before negotiations, detailing objectives, potential impacts, and ensuring legislative oversight
    Expand U.S. funding access to foreign critical minerals projects by amending the Defense Production Act
    In the 118th Congress, Hickenlooper introduced several bills to bolster U.S. energy independence and support the transition to renewable energy, including:
    Critical Materials Future Act, which seeks to establish a pilot program for the Department of Energy to financially support domestic critical mineral processing projects.
    National Critical Minerals Council Act, which establishes a National Critical Minerals Council to develop and implement a national critical mineral strategy and coordinate our federal investments and research.
    Unearth Innovation Act, which creates a Mining and Mineral Innovation Program within the Department of Energy to drive the responsible production of domestic critical minerals, with a focus on minimizing the environmental impact of mining.
    Global Strategy for Securing Critical Minerals Act, which works to ensure that the U.S., its allies, and global partners can count on a diverse and secure end-to-end supply of critical minerals.
    Enhancing Public-Private Sharing on Manipulative Adversary Practices in Critical Minerals Projects Act, which directs the intelligence community to develop a strategy to improve information sharing with private sector companies regarding foreign adversaries’ attempts to thwart U.S. involvement in critical minerals, energy generation, and storage projects.
    Critical Minerals Security Act which directs the Department of the Interior to evaluate the global supply and ownership of critical minerals and make it easier for the U.S. to establish stable supply chains with international allies.
    Full text of the legislation can be found HERE.

    MIL OSI USA News

  • MIL-OSI USA: Luján, Colleagues Raise Concerns About Risks in Delays to Accessing Funding for New Mexico Community Health Centers

    US Senate News:

    Source: United States Senator Ben Ray Luján (D-New Mexico)

    Washington, D.C. – U.S. Senator Ben Ray Luján (D-N.M) joined U.S. Senators Tim Kaine (D-VA) and Mark R. Warner (D-VA) and 19 of their colleagues in writing a letter to U.S. Department of Health and Human Services Acting Secretary Dorothy A. Fink, M.D. regarding reports that Health Resources and Services Administration (HRSA) grantees, including community health centers, are experiencing significant delays in accessing funding. The senators also expressed concerns about restrictions on regular communications between HRSA and grantees. These issues come after an Office of Management and Budget (OMB) memo that suspended all federal grant and loan funding. The memo has since been rescinded following pressure from the senators, other Democrats in Congress, and the public, but many grantees that rely on federal funding are still experiencing confusion and uncertainty, and have received little to no guidance from the Trump Administration about their funding.

    There are 19 Federally Qualified Health Centers with over 200 locations—a majority of which serve rural areas with limited access to medical care—in New Mexico. Disruption to funding could lead to closures of New Mexico’s community health centers, disrupting access to critical services thousands of New Mexicans rely on. This week, Senator Luján met with leaders from the New Mexico Primary Care Association to discuss ongoing challenges and support for the vital medical care they provide.

    “We are writing to express serious concerns regarding reports that Health Resources and Services Administration (HRSA) grantees, such as Community Health Centers (health centers), continue to experience significant delays in accessing funding to support services, as well as restrictions on regular communications with agency staff as a result of the Trump Administration’s January 20, 2025 executive orders to pause external communication from federal agencies, and subsequent memorandum directing all federal departments and agencies to freeze all financial assistance.” wrote the members.

    The members continued, “While nearly 70 percent of health center revenue comes from payments from Medicaid, Medicare, commercial insurance, and self-pay patients, health centers rely on their regular federal grant funding to meet payroll obligations and keep their doors open. Beginning in late January, health centers started reporting issues accessing the Payment Management System (PMS) – getting “locked out”, being denied funding they had been awarded, and experiencing long delays in funding being released. As a result, health centers across the country are experiencing panic, unsure how to pay their staff and keep their doors open.”

    “Despite a judge’s order blocking the funding freeze, we are troubled by reports that health centers are unable to access funding duly appropriated by Congress through the PMS. To compound this issue, our offices have heard troubling reports that since the Trump Administration’s executive orders and funding freeze, funding that has already been appropriated and directed by Congress is still being restricted, and standing webinars, briefings, and meetings are being cancelled at the last minute,” they wrote. “Health centers are receiving little communication regarding these cancellations and changes, and the communication they have received from HRSA has been unclear, directing actions that may conflict with current court orders.”

    In addition to Senators Luján, Kaine, and Warner, the letter is signed by U.S. Senators Richard Blumenthal (D-CT), Lisa Blunt Rochester (D-DE), Chris Coons (D-CT), John Hickenlooper (D-CO), Angus King (I-ME), Jeff Merkley (D-OR), Jack Reed (D-RI), Bernie Sanders (I-VT), Rev. Raphael Warnock (D-GA), Elizabeth Warren (D-MA), Peter Welch (D-VT), and Ron Wyden (D-OR). The letter is also signed by U.S. Representatives Bobby Scott (D-VA-02), Gerry Connolly (D-VA-11), Don Beyer (D-VA-08), Jennifer McClellan (D-VA-04), Eugene Vindman (D-VA-07), Suhas Subramanyam (D-VA-10), and Sarah McBride (D-DE-At-Large).

    The full text of the letter is available here and below.

    Dear Acting Secretary Fink,

    We are writing to express serious concerns regarding reports that Health Resources and Services Administration (HRSA) grantees, such as Community Health Centers (health centers), continue to experience significant delays in accessing funding to support services, as well as restrictions on regular communications with agency staff as a result of the Trump Administration’s January 20, 2025 executive orders to pause external communication from federal agencies, and subsequent memorandum directing all federal departments and agencies to freeze all financial assistance.

    Community Health Centers provide high-quality primary and preventive care, dental care, behavioral health and substance use disorder services, and low-cost prescription drugs to more than 32 million Americans annually, serving one in five rural Americans and one in three people living in poverty. Nationally, more than 1,400 health centers operate over 15,000 service sites across every state and Territory, employing more than 500,000 individuals and generating nearly $85 billion in economic output.

    Despite the critical role health centers play in addressing health inequities, many centers struggle to keep up with the growing demand for services and rising costs to deliver high-quality care in their communities. While nearly 70 percent of health center revenue comes from payments from Medicaid, Medicare, commercial insurance, and self-pay patients, health centers rely on their regular federal grant funding to meet payroll obligations and keep their doors open. Beginning in late January, health centers started reporting issues accessing the Payment Management System (PMS) – getting “locked out”, being denied funding they had been awarded, and experiencing long delays in funding being released. As a result, health centers across the country are experiencing panic, unsure how to pay their staff and keep their doors open. Due to delays in funding, health centers have reported:

    1. “We have put off signing a contract to replace our mammography machine, which has reached end of life, because of this freeze and the uncertainty.”
    2. “I’m also now getting providers asking if they should be looking for a new job. Without any understanding and guidance, I’m pretty limited with how much I can actually assure them to do other than tighten our belts…”
    3. “Any services that are directly funded by federal funds will be placed on hold…”
    4. “We had to use all reserves in 2024. We will not make payroll or any other payments next week without access to this federal funding. Staff will be dismissed without access to federal funds.”
    5. “If everything stays the same…the best guess is that we could be fully operational for six months.”
    6. “We have the ability to sustain current or full operations for 60 days…Outreach and case management staff…would be in the first wave of layoffs. Unfortunately, those positions rely on federal support as they are typically not reimbursable through third-party payors. In a short period of time, this has had a profound impact on our staff. [Staff are] concerned that we will lose valuable staff members as they are concerned about the stability of the organization.”
    7. “We will step back on hiring and likely implement hiring pause unless this is resolved quickly.”
    8. “We have enough in reserve to cover two payroll periods.”
    9. “The pause in grant funding would create a deficit for us…We would likely need to start reducing staff and healthcare services to the…patients we serve…within the next couple of weeks if the freeze persists.”

    As safety net providers operating on razor-thin margins, health centers need certainty to provide care in underserved communities. In Virginia alone, ongoing delays in accessing funding have caused health centers to close their doors and cancel patient appointments. When health centers close, people with chronic conditions miss appointments, pregnant women miss prenatal visits, and behavioral health services are interrupted, worsening outcomes and increasing costs to the entire health care system.

    Despite a judge’s order blocking the funding freeze, we are troubled by reports that health centers are unable to access funding duly appropriated by Congress through the PMS. To compound this issue, our offices have heard troubling reports that since the Trump Administration’s executive orders and funding freeze, funding that has already been appropriated and directed by Congress is still being restricted, and standing webinars, briefings, and meetings are being cancelled at the last minute. Health centers are receiving little communication regarding these cancellations and changes, and the communication they have received from HRSA has been unclear, directing actions that may conflict with current court orders.

    We request that you provide answers to the following questions in writing no later than Wednesday, February 12, 2025.

    1. How many health centers have draw-down requests pending in the PMS?
      1. How has that number changed, daily, since January 27, 2025?
      2. What is the average wait time from submission of a draw-down request to disbursement of funds prior to January 27, 2025 and after January 27, 2025?
    2. How many health center draw-down requests have been denied since January 27, 2025?
      1. What is the rationale for these denials?
    3. What is the exact timeline for ensuring the PMS is fully operational and disbursing all pending health center draw-down requests?
    4. What specific authority and under which executive action did HRSA or the Department of Health and Human Services use to restrict health center access to the PMS and funding that they had been previously awarded?
    5. Please provide a list of regular standing calls or meetings between HRSA staff and HRSA grantees that have been cancelled since January 20, 2025. Please include the following:
      1. A description of the grantees impacted, including the type of grantees and number of grantees.
      2. Whether funds appropriated by Congress for the purpose of the grant are being withheld from being awarded to the grantees.
    6. Please provide a list of webinars, briefings, information sessions, and trainings that have been cancelled since January 20, 2025. Please include the following:
      1. A description of the purpose of each webinar, briefing, information session, or training.
      2. Whether or not the webinar, briefing, information session, or training is required by statute and if so, provide the corresponding citation.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Cornyn Votes to Confirm Russ Vought for OMB Director

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Senator John Cornyn (R-TX) released the following statement after Russell Vought was confirmed as Director of the Office of Management and Budget (OMB):
    “It’s no secret that Joe Biden’s handling of our economy was a disaster. As the Director of OMB during President Trump’s first term, Russ Vought is the right choice to assume the role once again and get our federal agencies back on track.”

    MIL OSI USA News

  • MIL-OSI USA: Senator Collins Leads Bipartisan Group in Introducing Bill to Improve Access to High-Quality Job Training

    US Senate News:

    Source: United States Senator for Maine Susan Collins

    Washington, D.C. —U.S. Senators Susan Collins, Tim Kaine (D-VA), Tina Smith (D-MN), and Roger Marshall (R-KS) introduced the Jumpstarting Our Businesses by Supporting Students (JOBS) Act, bipartisan legislation to help more Americans get good-paying jobs by allowing students to use federal Pell Grants—need-based education grants for lower-income individuals—to pay for shorter-term job training programs for the first time. Currently, students can only use Pell Grants for two- and four-year colleges and universities. By expanding Pell Grant eligibility, the JOBS Act would help close the skills gap by allowing people to access job training they might otherwise be unable to afford but need for careers in high-demand fields. Senator Angus King is a cosponsor of the legislation.

    “Job training programs are proven, successful tools that help people gain the skills they need to prepare for rewarding careers,” said Senator Collins.  “By helping students in Maine and across the country access this career pathway, this bipartisan legislation would assist young people with obtaining good-paying jobs and make it easier for businesses to find qualified workers.”

    “When we give Maine people the tools and resources to access critical career education training, we’re setting them up for a lifetime of success,” said Senator King. “The bipartisan Jumpstarting Our Businesses by Supporting Students (JOBS) Act will expand Pell Grant eligibility and, in turn, make a real difference for folks across our state by breaking down financial barriers and opening the door to good-paying jobs. Supporting and strengthening our workforce will also help ensure our businesses thrive with the help of highly-trained, hardworking Maine people. It’s a win-win.”

    “All across Maine there are lower-income people desperate to get the practical, relevant skills they need for good-paying jobs – but they can’t afford it. This legislation would remove the financial barriers that hold those people back. Just this year, one of our colleges struggled to fill a five-week welding course that cost about $1,000 – until they used one-time grant funds to make it tuition-free and about 100 people immediately signed up. The demand is there. The jobs are there. We need to fill the gap with affordable training. Pell Grants for short-term workforce training like that welding class would allow those students ongoing access to training that will fill critical jobs across Maine’s industries,” said David Daigler, President of the Maine Community College System.

    Thanks to historic investments like the Infrastructure Investment and Jobs Act (IIJA), the U.S. economy added 14.8 million jobs between January 2021 and January 2025. Senator Collins was part of the core group of 10 Senators who negotiated the text of the IIJA. Still, there remains a skilled labor shortage that is expected to intensify in the coming years, in part because unemployed Americans lack access to the job training needed to fill vacant jobs.

    The JOBS Act would allow Pell Grants to be used for high-quality job training programs that are at least eight weeks in length and lead to industry-recognized credentials or certificates. Under current law, Pell Grants can only be applied toward programs that are over 600 clock hours or at least 15 weeks in length, rendering students in shorter-term high-quality job training programs ineligible for this crucial assistance.

    Specifically, the JOBS Act would amend the Higher Education Act by:

    • Expanding Pell Grant eligibility to students enrolled in rigorous, high-quality, short-term skills and job training programs that lead to industry-recognized credentials and certificates, ultimately preparing them for employment in high-wage, high-skill industries;
    • Ensuring students who receive Pell Grants earn high-quality postsecondary credentials by requiring that they meet Workforce Innovation and Opportunity Act (WIOA) standards, are recognized by employers or industry partnerships, align with the skill needs of the state or local economy, and receive approval from both the state workforce board and the U.S. Department of Education; and
    • Defining eligible job training programs as those that provide career and technical education at institutions such as community or technical colleges, meet minimum instructional time requirements, align with local or regional workforce needs, offer transferable credits for continued education, and equip students with licenses, certifications, or credentials that meet hiring requirements across multiple employers in the field.

    The legislation is also cosponsored by U.S. Senators Tammy Baldwin (D-WI), Richard Blumenthal (D-CT), Lisa Blunt Rochester (D-DE), Cory Booker (D-NJ), John Boozman (R-AR), Shelley Moore Capito (R-WV), Chris Coons (D-DE), Catherine Cortez Masto (D-NV), Kevin Cramer (R-ND), Steve Daines (R-MT), Tammy Duckworth (D-IL), Kirsten Gillibrand (D-NY), Maggie Hassan (D-NH), Martin Heinrich (D-NM), John Hickenlooper (D-CO), John Hoeven (R-ND), Cindy Hyde-Smith (R-MS), Mark Kelly (D-AZ), Amy Klobuchar (D-MN), Jeff Merkley (D-OR), Jon Ossoff (D-GA), Gary Peters (D-MI), Jacky Rosen (D-NV), Jeanne Shaheen (D-NH), Dan Sullivan (D-AK), Thom Tillis (R-NC), Tommy Tuberville (R-AL), Chris Van Hollen (D-MD), Mark R. Warner (D-VA), Roger Wicker (R-MS), and Ron Wyden (D-OR).

    The JOBS Act is supported by Advance CTE, the American Association of Community Colleges, the Association for Career and Technical Education, the Association of Community College Trustees, the Association of Equipment Manufacturers, Business Roundtable, the Center for Law and Social Policy, the Exhibitions and Conferences Alliance, Higher Learning Advocates, HP Inc., the Information Technology Industry Council, Jobs for the Future, the Joint Center for Political and Economic Studies, the National Association of Workforce Boards, the National Association of Workforce Development Professionals, the National Skills Coalition, the Progressive Policy Institute, and Rebuilding America’s Middle Class.

    Full text of the bill is available here, and a summary of the bill is available here.

    MIL OSI USA News

  • MIL-OSI United Nations: Responsible Global Governance of Artificial Intelligence Critical, Speakers Say, as Economic and Social Council Concludes Its Coordination Segment

    Source: United Nations General Assembly and Security Council

    Amid the fourth industrial revolution, responsible global governance of artificial intelligence (AI) is paramount, the Economic and Social Council heard today as speakers at its 2025 coordination segment explored the transformative potential of data, science, technology and innovation to advance sustainable development.

    The first of the four panel discussions held today — moderated by Mahlet Zeleke Redi, Focal Point of Global Youth Caucus on Decent Work and Sustainable Economies Major Group for Children and Youth — focused on “Creating employment and decent work opportunities for all”.

    It began with a fireside chat featuring José Manuel Salazar-Xirinachs, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), and Cynthia Samuel-Olonjuwon, Director of the International Labour Organization (ILO) Office for the United Nations.

    Mr. Salazar-Xirinachs, spotlighting the challenge of job creation, said that in the era of technological and AI revolutions, one of the key drivers of investment flows to countries is not just cheap but skilled labour.  Therefore, he stressed, the quality of education and vocational training systems and the digital skills of the labour force are essential for people to get good jobs and for countries to thrive.

    Ms. Samuel-Olonjuwon underscored that prioritizing decent work for young people pays back “sustained and multifaceted dividends” for their families and nations.  Technological transformation is rapidly driving change in the world of work and beyond, she observed, adding that “skills have become a priority”.  Noting the importance of education, training and entrepreneurship for young businesses, she said that policy actions should be guided by the actual needs of young people and “put them in the driver seat”.

    The panel began with Gerd Müller, Director General of the United Nations Industrial Development Organization (UNIDO), who underscored — via video message — that “creating decent jobs is the core of our mission” to fight poverty and hunger worldwide.  While spotlighting AI’s massive opportunities — including to improve productivity and competitiveness — he underlined the need to “close the existing digital divides”.  More specifically, it is crucial to address the potential downsides of digitalization and automation, including the risk of job losses and shifting production away from developing countries, he stressed, pointing to UNIDO’s projects which equip young people and women in developing countries with technical skills for decent jobs.

    Abdulaziz M. Alwasil (Saudi Arabia), Chair of the Commission on the Status of Women on its sixty-ninth session, stressed that an inclusive society cannot be built without gender equality.  The empowerment of women and girls is paramount, he said, adding that in many countries, women and girls are deprived of equal access to economic opportunities and leadership roles.  “This undermines the resilience of societies,” he stated, underscoring the need to push for policy outcomes that are “not just ambitious in rhetoric but transformative in practice”.

    “We gather here at a moment of profound reckoning” — from the devastating impacts of conflict and rise of authoritarianism to the assaults on fundamental human rights, said Veronica Brown, Women’s Major Group Coordinator for the Women’s Environment and Development Organization.  Warning against forces that aim to roll back hard-won gains in gender equality, she observed:  “Gender equality is too often treated as an add-on rather than a prerequisite for sustainable development.”

    Echoing her concerns, Jemimah Njuki, Chief of the Economic Empowerment section at the United Nations Entity for Gender Equality and the Empowerment of Women (UN-Women), said the empowerment of women and girls is not just a moral imperative but a necessity for achieving all of the Sustainable Development Goals (SDGs) and ensuring a resilient economy.  Nevertheless, women face a 20 per cent gender pay gap and, in many countries, informal employment — where mostly women are to be found — is as high as 90 per cent.  Accordingly, she called for sustainable financing, ensuring that “gender equality remains at the heart of financial systems”.

    Georges-Simon Ulrich, Director General of the Federal Statistical Office of Switzerland and Chair of the Statistical Commission on its fifty-fifth session, speaking via videoconference, called for comprehensive data and statistical systems which permit evidence-based decision-making and detailed the Commission’s work towards supporting inclusive growth strategies and building resilient economies.

    The second panel, moderated by Quintin Chou-Lambert, Senior Adviser to the Under-Secretary-General and Special Envoy for Digital and Emerging Technologies, focused on “Harnessing data, science, technology and innovation to advance digital progress”.

    The fireside chat included Geraldine Fraser-Moleketi, Chancellor of Nelson Mandela University, and Tomas Lamanauskas, Deputy Secretary-General of the International Telecommunication Union (ITU).

    Ms. Fraser-Moleketi said public administration is responsible for ensuring that AI is used to improve lives.  Governance frameworks must leverage scientific expertise to do this, she said, calling for targeted interventions to address the digital divide and technological exclusion.

    Mr. Lamanauskas said:  “Done right, [AI] can mitigate 5-10 per cent of global greenhouse gas emissions by 2030”, and highlighted the “AI for Good summit” which showcases responsible innovation and spotlights AI solutions for each SDG.  He also drew attention to the UN System White Paper on AI Governance, which identifies pre-existing instruments that could also cover AI, from broad ethics to sector-specific technical guidelines. 

    The panel began with Muhammadou M.O. Kah (Gambia), Chair of the Commission on Science and Technology for Development on its twenty-eighth session, who stressed that “when we establish transparent and consistent data governance frameworks, we create an environment of legal certainty that empowers innovators, businesses and consumers alike”.  It is also crucial to establish clear avenues for redress, he said, underscoring the importance of interoperability — “by aligning our legal and technical standards, we could create pathways for seamless data flows that enhance cooperation and facilitate the global exchange of ideas and best practices”.

    Next, Tatiana Molcean, Executive Secretary of the Economic Commission for Europe (ECE), highlighted its efforts to facilitate trade by streamlining trade-related processes and digitalizing the exchange of information.  ECE hosts the United Nations Centre for Trade Facilitation and Electronic Business, which develops interoperable data exchange standards and policy recommendations, enabling seamless data exchange across systems, borders and value chains.  “Today, many products have AI embedded.  Ensuring their conformity and safety presents new challenges,” she said, adding that ECE has released guidance for regulatory compliance of products and services using embedded AI or other digital technologies.

    Julia Glidden, Group President of Ipsos Public Affairs, said that “it is easy to talk about sexy data-driven topics like GenAI, Edge Computing [and] geospatial intelligence”, but it is also essential to combine established technologies with sophisticated data analytics.  As an example, she said, her organization worked with Mondelez, a multinational food producer, to use data to understand cocoa farmers’ working conditions and economic growth.  Collecting reliable data meant reaching communities in remote areas, often traveling by foot, donkey and canoe to capture and transmit data from areas that often lack electricity, let alone Wi-Fi.  They did so “by using tablet devices enabled by Ipsos’s iField” technology, she added.

    Fernand Bale, Director of the Geographic and Digital Information Center of Côte d’Ivoire, said that because geospatial information integrates diverse data and scientific approaches, it “enables policymakers to process large amounts of data, thereby strengthening the interface between policy and science”.  Communities and Governments can use geospatial information and maps to visualize locations where critical infrastructure is needed, or areas affected by disasters, pollution or biodiversity loss.  By enhancing policies and capacities related to geospatial information, “we democratize access to data and knowledge”, he said.

    Moderated by Lok Bahadur Thapa (Nepal), Vice-President of the Economic and Social Council and co-facilitator of the Fourth International Conference on Financing for Development, the sixth panel focused on “Financing and investment solutions for sustainable development in countries in special situations”.

    The speakers for the fireside chat were Jose Antonio Ocampo, Professor at the School of International and Public Affairs, Columbia University, and Robert Powell, Special Representative of the International Monetary Fund (IMF).

    Mr. Ocampo noted that levelling the playing field is not enough for countries in special situations.  Debt and tax cooperation are “pressing problems”, he said, calling for interaction between regional and global institutions and urging the fulfilment of historical commitments for developing countries.  He observed that interaction with Governments and monitoring of graduating countries will uncover systemic inequalities on the ground. 

    Mr. Powell, stating that coordination and trust are critical for efficiency across the UN system, said that Member States in New York are responsible for ensuring that “messaging remains consistent”.  Noting that major financial reforms are already taking place, he spotlighted the Fund’s “historic” special drawing rights (SDRs) allocation of $650 billion and the creation of the Resilience and Sustainability Trust.

    The panel began with Rabab Fatima, High Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, stressing that the Fourth International Conference on Financing for Development must deliver a renewed global financing framework.

    For her part, Rebeca Grynspan, Secretary-General of the UN Conference on Trade and Development (UNCTAD), pointing to the term “countries in special situations”, observed that States’ perseverance and transformation potential make them “truly special”.  However, there is nothing “special” about small island developing States defaulting on their development to not default on their debt, she said, calling for maximizing the impact of development on technological progress.

    Mathew Gbonjubola, Co-Chair of the Committee of Experts on International Cooperation in Tax Matters, said that developing countries widely adopt the UN Model Double Taxation Convention.  The Committee also supports capacity-development activities and reviews standards — designed from the point of view of developed economies — through the prism of developing countries.  He added that giving the developing countries the ability to sit at the table in designing the world tax system is key.

    “Although Africa has integrated into the global financial system, its economies remain constrained by limited access to stable financing,” observed Claver Gatete, Executive Secretary of the Economic Commission for Africa (ECA).  The continent’s debt exceeds $1 trillion, and its countries annually spend millions in debt servicing — “resources that could have been invested in other development priorities”, he noted.  Through the African High-Level Working Group, the Commission works to scale up bank financing and ensure better returns.

    “Over the past two days, we have witnessed the [Economic and Social Council] ecosystem in action, providing ideas and solutions on how to turbocharge implementation as we approach the 2030 deadline of the SDGs,” said Navid Hanif, Assistant Secretary-General for Economic and Social Affairs, Department of Economic and Social Affairs, in his closing remarks.  Noting that this year’s coordination segment was the first since the adoption of the Pact for the Future, he said it has delivered “a clear call to strengthen coordination within the UN system, reduce duplication and address misalignment of partnerships”.

    Anatolio Ndong Mba (Equatorial Guinea), Vice-President of the Economic and Social Council and Chair of the Coordination Segment, said that this year’s meeting has demonstrated that political will can elevate international cooperation to new heights and deliver concrete solutions. “The coordination segment is not just about reflection; it is about action and charting the way forward”, he stated, urging those present to carry forward the momentum and translate discussions into action.  He added:  “We have a responsibility to the people we represent.  The time for bold and coordinated leadership cannot be postponed anymore.”

    MIL OSI United Nations News