Category: Economy

  • MIL-OSI USA: Cantwell Statement on DOGE Commission’s Reported Access to Sensitive U.S. Treasury Systems

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    02.02.25
    Cantwell Statement on DOGE Commission’s Reported Access to Sensitive U.S. Treasury Systems
    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA) released this statement regarding reports that Elon Musk and his DOGE team gained access to sensitive Treasury data including Social Security and Medicare customer payment systems:
    “Congress needs an explanation as to why the head of a private data management corporation and his volunteer team needed access to this system in the middle of the night. We need to know why they want to access the system, what they intend to do with our data, and whether there are any safeguards in place. This threatens the privacy and funds owed to every American taxpayer and Social Security recipient. Congressional Republicans cannot continue to turn a blind eye as to how their own constituents’ private financial records are handled.”

    MIL OSI USA News

  • MIL-Evening Report: Australia spends $714 per person on roads every year – but just 90 cents goes to walking, wheeling and cycling

    Source: The Conversation (Au and NZ) – By Matthew Mclaughlin, Adjunct Research Fellow, The University of Western Australia

    Nick Starichenko/Shutterstock

    What could you buy for 90 cents? Not much – perhaps a banana.

    Unfortunately, that’s how much the Australian government has invested per person annually on walking, wheeling and cycling over the past 20 years.

    How would Australians’ lives change if that figure rose?




    Read more:
    What makes a city great for running and how can we promote ‘runnability’ in urban design?


    The state of play here and overseas

    From 2008-2028, the federal government spent $384 million on the following active transport investments:

    All up, about $714 per person is spent annually on roads; 90 cents out of this $714 is just pocket change.

    Even if you don’t want to walk, wheel or ride, you should care because less driving helps everyone, including other drivers, who benefit from reduced traffic.

    As a result of this over-investment in car road-building, Australia has the smallest number of walking trips of 15 comparable countries across Western Europe and North America.

    Cycling rates are equally dismal.

    Globally, the United Nations recommends nations spend 20% of their transport budgets on walking and cycling infrastructure.

    Countries like France, Scotland, the Netherlands, Denmark, Sweden and the largest cities in China invest between 10% and 20%.

    These places were not always known for walking and cycling – it took sustained redirecting of investment from roads to walking and cycling.

    Meanwhile, many Australians are dependent on cars because they have no other choice in terms of transport options.

    Why spend more on walking and cycling?

    Road use is inherently dangerous – in Australia last year, more than 1,300 people died on our roads, which is more than 25 people a week.

    Owning a car can also be expensive, which is especially concerning for those struggling with the cost-of-living.

    The typical Australian household spends 17% of its income on transport – with car ownership making up 92.5% of that figure, compared to 7.5% on public transport.

    Many Australians feel forced to own a car to get around, so investing in paths and public transport provides people the freedom to get around how they choose.

    Congestion is getting worse in most major cities and we can’t build our way out of it with more or wider roads.

    About two-thirds of car journeys in our cities could be walked, wheeled or cycled in 15 minutes or less, but these short car trips clog up our roads with traffic.

    A major source of all emissions in Australia are from driving.

    If more people felt safe to walk, cycle or take public transport, it would reduce this major emissions source.

    There is a strong rationale and economic argument, too. The NSW government has estimated every kilometre walked benefits the national economy by $6.30, while every kilometre cycled benefits the economy by $4.10.

    This means that by simply walking 500 metres to the local shops and back, you’re saving the economy about $6, while riding five kilometres to work and back saves a whopping $41 for the economy.



    But where could we get this funding from?

    Redirecting funding from the current road budget makes the most sense, because getting more people walking, wheeling and cycling eases pressure on the transport system (think of school holiday traffic).

    This is a popular proposition. One study found two-thirds of Australians supported the redirection of funding from roads to walking and cycling infrastructure. Another found many Australians support building more walking and cycling paths where they live.

    This is not a partisan issue: all Australians in all communities would benefit, including drivers who would face less traffic and enjoy more parking availability.

    Unfortunately, false solutions to our unwalkable and un-cycleable communities continue to derail our focus on fixing the root cause of our problems. For example, telling people to ride to work, while not providing them a safe place to do so, doesn’t make sense.

    What could $15 per person get us?

    Investing $15 per Australian per year would create a better built environment to walk, wheel or ride and deliver significant economic, social and environmental benefits.

    If this was matched with 50:50 funding from state and territory governments (which often happens with transport projects) over a ten-year period, this investment would deliver the four national projects already shortlisted on Infrastructure Australia’s infrastructure priority list for our largest capital cities: Sydney, Melbourne, Perth, Brisbane.

    It could also fund up to 15 regional cities to build comprehensive networks. Wagga Wagga for example, is about to finish building a 56 kilometre network of walking and cycling paths. As a result, those using the network are 3.7 times more likely to meet physical activity guidelines than those who don’t.

    Such an investment could also fund supporting initiatives, such as electric bike subsidies which have proven extremely popular in both Queensland and Tasmania.

    What could $10 or $5 per person get us?

    The Australian government could invest less than $15 per person – at $5 or $10 per year, the key projects outlined in Infrastructure Australia’s infrastructure priority list could still be targeted, but those would just take proportionally longer because there is less money.

    Or, instead of investing in the four capital cities on the infrastructure priority list, it could invest in two.

    A different approach could be to spend $5 or $10 to fund infrastructure for regional towns, but this wouldn’t help the problems in our capital cities.

    When it comes to transport, the saying goes “we get what we build” – so if we build more roads, we get more people driving. If we build paths, we get more people walking and cycling short journeys and our roads are less congested.

    We need bold solutions, and $15 should be seen not as an extravagance.

    Acknowledgement: We would like to thank Sara Stace, President of Better Streets Australia, for her expertise in discussions regarding this article.

    Dr Matthew ‘Tepi’ Mclaughlin has received research funding from government research funding organisations. He is currently a Board Member of Better Streets.

    Peter McCue receives an Australian Postgraduate Research Award to study a PhD. He is a member of the Executive Committee and Chair of the Advocacy Committee of the Asia-Pacific Society for Physical Activity.

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

    ref. Australia spends $714 per person on roads every year – but just 90 cents goes to walking, wheeling and cycling – https://theconversation.com/australia-spends-714-per-person-on-roads-every-year-but-just-90-cents-goes-to-walking-wheeling-and-cycling-247902

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Living cost inflation continues downward trend

    Source: New Zealand Government

    Average household living cost inflation has continued a downward trend, showing the steps the Government has taken are having an impact, Finance Minister Nicola Willis says. 

    Data released by Stats NZ today shows the yearly household living costs increased by 3 per cent in the year to December 2024, after increasing 3.8 per cent in the year to September 2024 and 7.4 per cent in the year to September 2023. 

    “Today’s statistics release shows Kiwis are still battling with the cost of living, but the pressure is starting to ease,” Nicola Willis says. 

    “The Government said it would address the cost of living. We are making progress. 

    “We worked fast to refocus the Reserve Bank solely on tackling inflation, and we made its job easier by reining in wasteful public spending and respecting taxpayers’ dollars. 

    “Drops in the Official Cash Rate have flowed through to average interest rates, easing pressure on household budgets.  

    “We also delivered New Zealanders their first tax relief package in 14 years, and we’re helping low and middle-income families through FamilyBoost. 

    “There is still more work to do.  

    “That’s why we’re focused on economic growth to deliver a stronger economy for New Zealanders. Economic growth will lift New Zealanders’ incomes, improve their living standards and support future investment in health, education and other vital public services.” 

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Text of Vice-President’s address at ICAI Annual Function at the World Forum of Accountants, New Delhi (Excerpts)

    Source: Government of India (2)

    Posted On: 02 FEB 2025 8:51PM by PIB Delhi

    I am extremely happy and delighted to be at this World Forum of Accountants. Greetings to everyone, those from the country and outside. This is a unique gathering that is bound to inspire, energise, and motivate not only me, but many others.

    Chartered Accountant stands, not for Chartered Accountant, but credibility, ambassadors, change accelerators, and I would urge you to be conscience arbiters, ethical guardians, and bold decision makers. Friends, the theme of this year’s event, Accountability Meets Innovation for a Sustainable Planet, is of supreme contemporaneous relevance. India’s ancient wisdom, Vasudhaiva Kutumbakam stands as a lighthouse illuminating humanity’s path through today’s twin challenges of climate crisis and technological disruptions.

    This philosophy, anchored in our G20 motto, ‘One Earth, One Family, One Future’ guides us and our collective journey towards sustainable solutions and unified global action. Our sacred earth, Dharti Mata, stands, distinguished audience, at a critical precipice.

    The rivers once sacred now choke, forests fall silent, and toxic air strangles life itself. Peremptorily demanding, we unite Vedic sustainability with modern action before time runs out on humanity’s final chance to survive.

    Friends, in today’s world, sustainability is not just a choice, it is an imperative. There is no other option. Businesses are increasingly being evaluated, not just on their financial performance, but also on the will of their social and environmental impact. It is soothing that building on its successful G20 leadership and Global Biofuels Alliance, India continues this vision at this World Forum of Accountants, thanks to your organisation.

    Artificial intelligence emergence, or if you may call it onslaught, is no less than industrial revolution. The world is at the cusp of a change at a level unknown before. Artificial intelligence balances immense potential with critical challenges, data quality, ethics, regulations, bias, and transparency. Effective and efficient use of artificial intelligence requires organisations to walk the fine line between innovation and responsibility, guided by robust ethical frameworks and proactive leadership. If not tapped and regulated, artificial intelligence will emerge as a monster. Artificial intelligence landscape is suffering a paradigm shift by the moment.

    Friends, let me first advert briefly to the state of the nation. India has had unparalleled remarkable economic rise and upsurge, infrastructure development, technology penetration, and deep digitisation in the last few years amongst large economies, its growth stands out. An environment of hope and possibility is all-pervasive. There has been a budget booster, and for me there has been a Kumbh booster, the two are coupled. Budget booster, particularly for taxpaying populace has generated radiance all around. My visit to Kumbh, an event of unparalleled consequence for humanity. When I took the holy dip, in an event that celestially occurs after 144 years, population beyond America had already visited the place.

    Excellent management! I’m sure, World-level arrangements, you have noticed. It will be studied for many, how in such a small area, such a large human congregation has been taken care of. Reflecting India’s inclusivity, peace within us, there was a mishap but what stands out, the management thereof. The response was electric, nuclear. It was done in a moment. Health facilities, law and order facilities, helping hand facilities.

    I, therefore, as an Indian, take pride that we as a nation have come of age where such human congregation, driven by commitment to religiosity, sublimity, spirituality, and our civilisational ethos, has come together and peacefully handling situations. I salute everyone associated with such kind of exemplary management.

    Friends, a challenge to all of us. We allow some people to have microscopic approach to generate sensation, to get space when something happens. Ignoring the major achievements, I’m sure this distinguished group, which is unique, will take note of it and be on the watch out. Friends, our nation’s youth demographic component is global envy. Our median age is 28 for the U.S. it is 39 and China 40 but what is particularly of critical importance is, and what is heartening to note, that around 68% of the total chartered accountants in India, they are under 40. This global powerhouse, situated in the largest democracy on the planet, can effect wonders. I am optimistic you will do it.

    Friends, I would be a little honest in my thought process sharing with you and this is underscored by my very strong belief that if I express myself before you, it will generate a dialogue. Expression and dialogue, both are essential to democracy. Once you understand my point, you will realise to what extent you can make the difference. While undoubtedly affirmative and innovative governance policies are enabling for expanding potential and talent, hand-holding is essential to get human resources out of silos and grooves they have long believed in.

    Youth has to look beyond government jobs as therein lies a goldmine for them. Friends, so is also true of industry, commerce, business and trade. You will appreciate a discerning audience, International Monetary Fund has accoladed India as the favourite global destination of investment and opportunity. Friends, surely it is not premised on government jobs, something else. Friends, you as a distinguished category of professionals having deep connect with those who control economy. You can wisen people and youth in particular that there are growing vistas for you where the youth gets to be involved.

    They have to look beyond government jobs and that is something which can emanate from your side. In such a scenario, those in executive governance, parliamentarians, bureaucracy, business tycoons and managers, professionals in all fields have to rise and they have to rise to make aware to our youth, to our entrepreneurs, opportunity basket that is available for them. Our youth, our entrepreneurs can optimally contribute towards national development. If they come to know of new vistas where they can really contribute. For instance, let me tell you, blue economy, space economy have enormous potential. For the youth, number of avenues are available. They have to get into the groove of change, get out of silos.

    Friends, without adverting more, since I am frankly communicating with you, without adverting more, without elaborating, I dare assert each segment, the professionals, the parliamentarian, those in business and the like, have enough to reflect, soul search and resolve to be in correctional mode sooner than later so as to act in this direction. Friends, in last decade, a big change has taken place in the mindset of the people. People have tested development at all levels. What was beyond belief, amenities as toilet, gas connections, electricity, and ongoing pipe water schemes in all rural households, this has had transformative impact.

    Internet connectivity and smartphones have generated a particular climate of participation in all spheres, including governance. The people have now got into aspirational mode. This aspirational mode is premised that in last decade, no nation has progressed as much on development aspect as Bharat. So when people taste development, they want more. This has converted one-sixth of humanity as most aspirational population and therefore, this discerning, demanding populace is an asset but it is also a challenge. If it is restive, it is ticking time bomb. If energy is channelised, it is no less than nuclear power. I strongly feel bodies like yours have capacity to convert youth dividend into nuclear power and keep it away from restive temperament. After some analysis of the budget proposals yesterday, you are experts. I analysed it and I found there is all around joy, hope, and expectation of delivery.

    In such a scenario, keeping the principle of nation ever first, as a prestigious organisation like yours, you ought to fire on all cylinders to contribute to the attainment of a developed nation at 2047. Viksit Bharat at 2047 is no longer a dream, it is our destination. We will accomplish it in 2047 when we celebrate centenary of our independence, if not before. But for that, you all will have been overdrive.

    Friends, assured of your indulgence, assured of your consideration, and fully assured that you will not misunderstand me, I seek to assert that the chartered accountants fraternity will have to walk the talk. Soul searching will make you realise that your potential still remains untapped. If you fully exploit your potential, the results for the nation will be geometric.

    Friends, I am venturing into troubled waters to so indicate, as I trust your deep sense of understanding and also alive to your potential as a class to fuel research, innovation, ethical governance, and promote venturing into new economic vistas of artificial intelligence, blue and space economies of the kind.

    Friends, I am deeply concerned when I notice that when balance sheets shine premised on avoidable imports, finances blossom on raw material exports, the national economy bleeds as there is avoidable drain of foreign exchange, loss of employment, and impeding of entrepreneurial growth. There is need, and this need you alone can satisfy. There is need to imbibe the spirit of economic nationalism, as a distinguished class, chartered accountants are immediately positioned and suited to propagate and nurture the spirit of nationalism.

    Such an approach will be highly beneficial to the economy and save us billions in foreign exchange, billions of dollars, and create millions of jobs and account for growth of entrepreneurship. Bharat is home to one-sixth of humanity, it is gifted with human resource that is invaluable. Time has come for us to emerge a global leader in accounting profession. No one doubts your talent, no one doubts your potential but at global level, our chartered accountant outfits have to emerge. They have to occupy the space which is yours.

    I appeal to all concerned also in the government, to be proactive so that our chartered accountants as individuals or in conglomerates occupy global space. It’s a matter of concern that on those front, there seems to be no moment in as much as we are yet to be liberated on the home front. I want our firms, homegrown firms, to occupy a place of pride, and that is need of the times and also the challenges including data privacy we suffer.

    Arthashastra by Chanakya is a treatise of foundation for economic thought. We need to propagate this legacy and our firms must be amongst the top names in the world. All concerned, I appeal, must converge to secure this, and I’m sure the Institute will take proactive steps.

    Friends as a nation, and with civilisational history of thousands of years, and getting knowledge from our ethos, we can confidently assert to the world that adherence to the highest standards of ethics, property, and propriety are the ones that we have followed all throughout. When it comes to your profession, a profession that is unique because it is a repository of trust of people, unqualified trust, unqualified belief, and therefore I call upon you to maintain and exemplify scrupulously highest ethical standards because for your profession that is minimal requirement. There can be no human lapse than betrayal of trust. You are a repository of that.

    Friends, I come from a stream of legal profession. Like your profession, we also have self-regulation. I would therefore urge placatory stance at your end is fraught with severe consequences when there are transgressions in law. We must take all care and caution to see that we are not afflicted by ingratiating with our fraternal feelings or taking care because they belong to our fraternity.

    As an institution and as a class, you will be beacon of hope and trust to everyone once your disciplinary prescriptions are adhered to in exemplary manner.

    Friends, I earnestly appeal to you to realise and amplify your potential and potency to effect transformative change in economy and commerce. Set global benchmarks in transparency, accountability, and ethical standards. Be torchbearers of the change in your sector. Budget boost beacons you to add taxpayers and achieve higher formal economy. We have graduated into formal economy but now is the time for professionals in your category to contribute massively to see that more and more people contribute to national development by coming in tax net. As the architects of economic stability, watchdogs of financial integrity, and guardians of fiscal discipline, you are particularly enjoined to contribute optimally for nation’s march to unprecedented growth and prosperity.

    We are living in times when influencers in various walks of life matter hugely but as a class, you are the most potent influencers for transformative change in economy. There is no other class other than chartered accountants who can bring about revolutionary positive change in business ethics, business promotion. Your unique position at the intersection of business, finance, and governance enables you to bring about, catalyse reforms from the grassroots to the highest corporate achievements. You have the potential to be nerve centre for big change to contribute to our economy.

    A challenge to be a developed nation has to be understood at your level. A developed nation status, you know more than I do, is not as such defined, but certain global parameters can be called out and that, in my modest understanding of economics, means our per capita income has to rise eightfold. A daunting challenge, but achievable. Let us keep that in mind.

    Friends, as guardians of upright governance, your role transcends mere compliance. You are the conscious keepers of corporate India, wielding the power to shape ethical business practises and ensure transparent operations that build trust in our financial system. Your profession must emerge as harbinger of innovation, leading industry and business into new frontiers. Your expertise in financial structuring, risk management, and which is occurring very frequently now, and strategic planning positions you perfectly to guide businesses, industry, commerce, and organisations through technological transformations and sustainable growth initiatives.

    I firmly believe, and I’m sure nobody will disagree with me, if chartered accountants are first responders to transgression of law and ethics in any form, this will herald needed exit of malpractices. No malpractices can flourish if chartered accountants are so determined. I need not reflect in detail, but you are aware, placatory positioning of one of the world’s largest chartered accountants firm led to its exit from the radar, that’s a lesson to one and all.

    Friends, may you as a class get positioned at global level, befitting the largest, oldest, and most functional democracy in the land that has over 5,000 years of unparalleled civilisational and cultural heritage. Time is now, Time is ripe. Several steps will have to be taken by regulators in our country as well, by the CAG, by the RBI, and by the Ministry of Finance. Get in communication with them as a body. Make your suggestions. Lay bare your intent and I would want, as I dream, Indian accountancy and consultancy firms dominating not only the national scene, but also global scene.

    Friends, I’m sure the deliberations would have been highly productive and fruitful, particularly the young professionals. I’m addressing young professionals. You are the most impactful, powerful stakeholder in economy, in democracy, in shaping the future of Bharat. You are required to fire on all cylinders, contribute optimally to the Marathon March which the nation is having for Viksit Bharat at 2047. I have no doubt in your capacity.

    अंत में मैं यही कहूंगा, दुनिया के किसी भी कोने में चले जाओ, एक छत के नीचे इतने प्रतिभाशाली लोगों का एकत्रित होना।

    On a lighter note, I wish to share. A very distinguished parliamentarian, who was a distinguished senior advocate, he is no more with us. He paid tribute to your profession and he was a lawyer like me. उन्होंने कहा, Chartered Accountancy में पास होना मुश्किल है और कानूनी की शिक्षा में फेल होना मुश्किल है। That is your power.

    जब देश के सामने संकट भारी हो, जिनको जो काम करना है, कर्तव्य का निर्वाह करना है, वो नहीं कर रहे। आज के दिन अति आवश्यक है कि भारत की युवा शक्ति, जिसके apex पर आप लोग हैं, वह सही रास्ते पर डाले। यदि अगर संसद में चर्चा नहीं होगी, वाद-विवाद नहीं होगा, उसेमे व्यवधान होगा तो आपको भी कुछ करना पड़ेगा।

    मेरे लिए चिंता, चिंतन और मंथन का विषय बन गया है कि संविधान सदन के अंदर क्या होता था, चर्चा, विचार-विमर्श कोई टकराव नहीं, हार-जीत का प्रश्न नहीं था, लक्ष्य एक था, लक्ष्य था —राष्ट्रहित में क्या अच्छा है। आज का परिदृश्य क्या है? उसके ठीक विपरीत। 

    कई बच्चे मुझे कहते हैं, आप कुछ क्यों नहीं करते, सदन तो अखाड़ा बन गया है, कुश्ती दंगल बन गया है। सोचने की बात है।

    दूसरा, भारत की अप्रत्याशित छलांग, ऐसी विकास यात्रा की दुनिया की संस्थाएं अचंभित हैं। चमत्कारी योजनाओं का जमीनी हकीकत, कुछ लोगों को ठीक नहीं लगता है और ऐसे हालात में आ जाते हैं कई बार कि sensation generate करो, एक narrative करो, narrative के अंदर भारतीयता को भूल जाते हैं, राष्ट्रवाद,  राष्ट्रहित को भूल जाते हैं  और ऐसा कृत करते हैं जैसे उस टहनी को काट रहे हैं, जिस पर बैठे हैं।

    I appeal to youth, I appeal to platinum category of young minds that are before me. You have now gifted power in your hand to neutralise the Anti-National narratives. To defeat those forces that are inimical to India, your mind should be concerned, with the existential challenges we are facing, and the government is doing much. Our nation, cannot afford to have, millions of illegal migrants. We cannot have, we cannot allow, our electoral politics, to be disturbed, by demographic dislocations, and earthquakes.

    These are things which will matter for you because, these are the challenges, for which you collectively, have to find an answer. I have no doubt.

    अंत में मैं यही कहूंगा, दुनिया के किसी भी कोने में चले जाओ, एक छत के नीचे इतने प्रतिभाशाली लोगों का एकत्रित होना।

    On a lighter note, I wish to share. A very distinguished parliamentarian, who was a distinguished senior advocate, he is no more with us. He paid tribute to your profession and he was a lawyer like me. उन्होंने कहा, Chartered Accountancy में पास होना मुश्किल है और कानूनी की शिक्षा में फेल होना मुश्किल है। That is your power.

    जब देश के सामने संकट भारी हो, जिनको जो काम करना है, कर्तव्य का निर्वाह करना है, वो नहीं कर रहे। आज के दिन अति आवश्यक है कि भारत की युवा शक्ति, जिसके apex पर आप लोग हैं, वह सही रास्ते पर डाले। यदि अगर संसद में चर्चा नहीं होगी, वादविवाद नहीं होगा, उसेमे व्यवधान होगा तो आपको भी कुछ करना पड़ेगा।

    मेरे लिए चिंता, चिंतन और मंथन का विषय बन गया है कि संविधान सदन के अंदर क्या होता था, चर्चा, विचारविमर्श कोई टकराव नहीं, हारजीत का प्रश्न नहीं था, लक्ष्य एक था, लक्ष्य थाराष्ट्रहित में क्या अच्छा है। आज का परिदृश्य क्या है? उसके ठीक विपरीत।

    कई बच्चे मुझे कहते हैं, आप कुछ क्यों नहीं करते, सदन तो अखाड़ा बन गया है, कुश्ती दंगल बन गया है। सोचने की बात है।

    दूसरा, भारत की अप्रत्याशित छलांग, ऐसी विकास यात्रा की दुनिया की संस्थाएं अचंभित हैं। चमत्कारी योजनाओं का जमीनी हकीकत, कुछ लोगों को ठीक नहीं लगता है और ऐसे हालात में जाते हैं कई बार कि sensation generate करो, एक narrative करो, narrative के अंदर भारतीयता को भूल जाते हैं, राष्ट्रवाद, राष्ट्रहित को भूल जाते हैं और ऐसा कृत करते हैं जैसे उस टहनी को काट रहे हैं, जिस पर बैठे हैं।

    I appeal to youth, I appeal to platinum category of young minds that are before me. You have now gifted power in your hand to neutralise the Anti-National narratives. To defeat those forces that are inimical to India, your mind should be concerned, with the existential challenges we are facing, and the government is doing much. Our nation, cannot afford to have, millions of illegal migrants. We cannot have, we cannot allow, our electoral politics, to be disturbed, by demographic dislocations, and earthquakes.

    These are things which will matter for you because, these are the challenges, for which you collectively, have to find an answer. I have no doubt.

    मेरे लिए इतना कहना काफी है क्योंकि कहा जाता है, समझदार को इशारा काफी है।

    ****

    JK/RC/SM

    (Release ID: 2099009) Visitor Counter : 62

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Online portal for COVID-19 Inquiry opens

    Source: New Zealand Government

    Minister of Internal Affairs Brooke van Velden is welcoming the opening of an online portal for the public to submit to the Royal Commission of Inquiry into COVID-19 Lessons Learned.

    “The portal is an easy way for members of the public to have their say to the Inquiry about how the response to the COVID-19 pandemic affected them, their families, and their businesses. The terms or reference covered by Phase 2 of the Inquiry includes the use of vaccines, lockdowns, testing, and public health materials,” says Ms van Velden.

    Last year the Government announced that there would be a second phase of the Inquiry into COVID-19 covering outstanding matters of public concern. Both the ACT-National and New Zealand First-National coalition agreements include commitments to expand the Inquiry into COVID-19. Phase 2 of the Inquiry began on 29 November and will deliver the final report in February 2026. 

    Any member of the public can submit to the Inquiry using the portal at www.covid19inquiry.nz. Submissions close at midnight on 27 April 2025.

    “I would strongly encourage New Zealanders to have their say by making a submission to the Inquiry. I look forward to seeing the final report delivered to me in February 2026.”

    The full terms of reference for Phase 2 of the Inquiry is available here: https://www.legislation.govt.nz/regulation/public/2022/0323/latest/LMS792965.html

    Note to Editors:

    The Phase 1 report is publicly available at the Royal Commission’s website. [https://www.covid19lessons.royalcommission.nz/]

    Bios for the Commissioners:

    Grant Illingworth KC (Chair)

    Mr Illingworth is a litigation specialist, and he has conducted his own practice since 1975. During this time, he has conducted a wide range of civil, criminal, and immigration cases, and tribunal proceedings. Mr Illingworth has appeared as counsel at every level of the New Zealand legal system, including in the Court of Appeal, Privy Council, and the Supreme Court.

    His area of expertise is in public law, including constitutional law, administrative law, and judicial review. He has experience in tribunal proceedings, particularly disciplinary proceedings for medical, legal, and accountancy professions. Mr Illingworth has acted as counsel in proceedings involving two constitutional crises in Fiji.

    Judy Kavanagh (Commissioner)

    Ms Kavanagh is a public policy professional with experience and expertise in evaluating evidence and in making evidence-based policy recommendations to Government. She has held Director of Inquiries roles including at the Infrastructure Commission and ten years at the Productivity Commission. She has a background in economics with a particular interest in urban economics, infrastructure pricing and policy. Ms Kavanagh worked as a lecturer in Economics for fifteen years and produced research on regulatory systems.

    Anthony Hill (Commissioner)

    Mr Hill is a practicing barrister, and has a background in health and disability sectors, having held senior positions at the Ministry of Health for 15 years. Mr Hill served as the Health and Disability Commissioner for 10 years, after six years as a Deputy Director-General of Health. This involved oversight of the funding and performance of the District Health Boards, and a range of health crown entities. He also served as the Ministry of Health’s chief legal counsel and was a solicitor with the Ministry of Commerce.

    MIL OSI New Zealand News

  • MIL-OSI China: China’s annual trade in services exceeds 1 trillion USD, boasting significant potential

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

    China’s annual trade in services exceeds 1 trillion USD, boasting significant potential

    BEIJING, Feb. 3 — China’s annual trade in services exceeded 1 trillion U.S. dollars for the first time last year, demonstrating significant potential for further growth.

    China’s services import and export value amounted to a record-high of 7.5 trillion yuan (about 1.05 trillion U.S. dollars) in 2024, expanding 14.4 percent year on year, according to the latest data from the Ministry of Commerce (MOC).

    Exports grew 18.2 percent year on year and imports grew 11.8 percent, according to the MOC.

    Driven by the global trends of digitization, smart technology advancement and green development, China’s trade in services grew in scale, its structure was optimized further and its international competitiveness was enhanced in 2024, said Li Jun, a researcher at the Chinese Academy of International Trade and Economic Cooperation under the MOC.

    He noted that the comprehensive relaxation and optimization of China’s visa-free transit policy has played a role in boosting inbound tourism over the last year.

    The broadly welcomed new policy has sparked the rise of “China Travel,” a popular hashtag on social media where many travelers share their experiences in China, with increasing numbers of international tourists being drawn by the country’s cultural landmarks, nature and city walks.

    “‘China Travel’ is booming rapidly, and this growth is expected to boost the country’s services trade further, while helping to drive the global travel industry toward continued recovery and prosperity,” Li said.

    China’s digital cultural platforms and content have been gaining significant traction overseas, Li said, noting the popularity of Chinese video game “Black Myth: Wukong,” the distribution of high-quality Chinese films and TV dramas on overseas streaming platforms such as Netflix and YouTube, and the fact that Chinese internet literature is influencing an increasing number of international readers.

    The Chinese government released a guideline on promoting the high-quality development of trade in services through high-standard opening-up in August last year.

    The document offered robust policy support for the development of China’s services trade, Li said, calling for more efforts to advance opening-up, innovation and international cooperation in the sector.

    Noting that China established a nationwide negative list management system for cross-border trade in services last year, Li suggested that the level of institutional opening-up should be improved continuously, that the negative list should be shortened gradually as appropriate, and that high-standard international economic and trade rules should be aligned with actively.

    He urged launching the construction of national demonstration zones for the innovative development of trade in services as soon as possible.

    To facilitate innovation, Li called for the potential of industrial digitization and digital transformation to be unlocked, for support for the professional organizations offering services in finance, consulting, design and certification to enhance their ability to provide international services, and for the accelerated development of green services.

    Bilateral, multilateral and regional collaboration in digital trade and trade in services should be expanded, Li said, suggesting that the role of major exhibition platforms should continue to be leveraged, and that international services trade cooperation parks should be developed.

    MIL OSI China News

  • MIL-OSI New Zealand: New benefit sanctions for Traffic Light System

    Source: New Zealand Government

    Two more non-financial benefit sanctions will be added to MSD’s Traffic Light System to drive economic growth by incentivising more job seekers to enter the workforce, Social Development and Employment Minister Louise Upston says.

    “Our economy is stronger when more people are in work, and as we look to unleash economic growth, it’s important that as many Kiwis as possible share in the benefits.

    “It’s important that beneficiaries who can work are taking reasonable steps to re-enter the workforce or remain work-ready, and that consequences exist for those who don’t.

    “Today I’m announcing the Government’s intention to add two more non-financial sanctions with a strong focus on work to the Traffic Light System. They are:

    • Report Job Search – where job seekers will be required to perform a minimum of three job-search activities every week for four weeks and report back to MSD on this. This sanction will support increased accountability for beneficiaries who are meant to be looking for work.
    • Upskilling – where job seekers will be required to attend and participate, to MSD’s satisfaction, in one or more employment-related training courses or programmes for a minimum of five hours per week over a four-week period. This sanction will support beneficiaries with building the skills they need to get into work.

    “These new sanctions will ensure there is accountability in the welfare system for those who aren’t taking reasonable steps to seek employment, while also recognising that reducing benefits isn’t the answer for everyone.

    “These sanctions are in addition to the new Money Management and Community Work Experience sanctions that will come into force later in the year.

    “We’re gearing up the welfare system to make the most of the forecast improvement in economic growth in the coming years by providing MSD with the tools and focus to reduce welfare dependency and support more people into work.

    “Our approach has already shown signs of early success with more than 33,000 people moving off Jobseeker into work between July and December, a 22 per cent increase on the same period in 2023. This coincided with about 15,600 more benefit sanctions being issued during that period – an increase of 126 per cent.

    “It’s clear that returning consequences for job seekers is having a positive impact by getting more people off welfare and into jobs.”

    Notes on new non-financial sanctions

    • Non-financial sanctions provide an alternative to financial penalties for first-time obligation failures for some job seekers, allowing them to continue receiving their full benefit payment while under sanction.
    • The legislative change required for these new non-financial sanctions will be included in the Social Security Amendment Bill, which is currently before Parliament.
    • Those sanctioned will also be required to provide evidence of their activities at the end of their sanction to return to ‘green’ in the Traffic Light System.

    MIL OSI New Zealand News

  • MIL-OSI United Kingdom: Letter to Church of England Diocesan Bishops

    Source: United Kingdom – Government Statements

    CEO David Holdsworth has written to Diocesan Bishops who are also trustees of Church charities to seek further information on Church safeguarding processes.

    Applies to England and Wales

    Documents

    Details

    As regulator of charities in England and Wales, the Charity Commission is engaging with certain National Church Institutions regarding safeguarding in Church charities following the recent publication of the Makin Review.

    This letter to bishops, sent on 31 January 2025, seeks their assessment of whether any aspects of Church law, structure or processes are currently preventing trustees of Church charities from fulfilling their safeguarding obligations. The letter follows a letter sent to Members of the General Synod who are also trustees of Church charities on 24 January 2025.

    A press release with more information about the Commission’s engagement can be found via this link: Regulator sets out safeguarding expectations ahead of key Synod votes – GOV.UK

    Updates to this page

    Published 3 February 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Prime Minister to hold defence and security talks with European partners

    Source: United Kingdom – Executive Government & Departments

    Europe must double down on its efforts to crush Putin’s war machine as Russia’s economy shows signs of weakening, the Prime Minister will warn tomorrow [Monday 3 February].

    • Prime Minister to call on European countries to continue bearing down on Putin in the face of the struggling Russian economy 
    • He will discuss plans for a UK-EU defence and security partnership with the UK’s closest partners in order to tackle the generational threats we all face
    • Prime Minister continues his focus on bolstering the UK’s national security – the key foundation upon which the government will deliver its Plan for Change

    Europe must double down on its efforts to crush Putin’s war machine as Russia’s economy shows signs of weakening, the Prime Minister will warn tomorrow [Monday 3 February].

    As he travels to Brussels for defence and security talks, he will urge the UK’s closest allies to step up and shoulder more of the burden in order to keep Europe safe against Russia’s increasing campaign of sabotage and destruction on our continent. 

    Putin is facing mounting domestic pressure as a result of his struggling economy, having ploughed billions into bankrolling his war machine – leading to skyrocketing inflation and soaring interest rates in Russia.  

    The recent sanctions imposed on Putin’s shadow fleet and energy companies have dealt a severe blow to Russia’s oil trade. Russian oil and gas revenues were down 29% in 2024 compared to 2022, and the sanctions have led to a sharp rise in shipping costs, with the majority of sanctioned vessels left unable to trade. 

    The UK and its allies have introduced the most punishing sanctions ever imposed on any global economy, with Putin himself admitting that these are causing a “colossal number of difficulties”. 

    The UK alone has sanctioned more than 2,100 individuals and entities under the Russia sanctions regime, over 1,900 of which were imposed since Putin’s full-scale invasion. This includes more than 100 ships for transporting Russian energy, including 93 oil tankers.  

    The Prime Minister will call on Europe to keep up the pressure on Putin, alongside sustained military support to Ukraine, to put them in the strongest possible position this year.  

    The Prime Minister will say today:

    We need to see all allies stepping up – particularly in Europe. 

    President Trump has threatened more sanctions on Russia and it’s clear that’s got Putin rattled. We know that he’s worried about the state of the Russian economy. 

    I’m here to work with our European partners on keeping up the pressure, targeting the energy revenues and the companies supplying his missile factories to crush Putin’s war machine. 

    Because ultimately, alongside our military support, that is what will bring peace closer. 

    The Prime Minister has prioritised security as a foundation for his Plan for Change, believing every mission relies on a strong security base, from ensuring the UK’s Armed Forces have the cutting-edge equipment they need, to securing medical supply chains and increasing diversification in energy supplies.

    Tomorrow afternoon, he will meet with NATO Secretary General Mark Rutte, before travelling to meet with the leaders of the 27 EU Member States at an informal meeting of the European Council. 

    There, the Prime Minister will set out his pitch for an ambitious UK-EU defence and security partnership with a number of steps to increase co-operation on shared threats, and go further on cross-border crime and illegal migration, while delivering growth and security at home. 

    The session of the Informal European Council is part of the Prime Minister’s ongoing commitment to strengthen our partnership with the European Union in order to drive growth, boost living standards and keep the UK safe and secure. 

    The Prime Minister is committed to making Brexit work better for the British people while keeping within his red lines – no return to freedom of movement and no re-joining the customs union or single market.

    Updates to this page

    Published 2 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Press release: Prime Minister to hold defence and security talks with European partners

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Europe must double down on its efforts to crush Putin’s war machine as Russia’s economy shows signs of weakening, the Prime Minister will warn tomorrow [Monday 3 February].

    • Prime Minister to call on European countries to continue bearing down on Putin in the face of the struggling Russian economy 
    • He will discuss plans for a UK-EU defence and security partnership with the UK’s closest partners in order to tackle the generational threats we all face
    • Prime Minister continues his focus on bolstering the UK’s national security – the key foundation upon which the government will deliver its Plan for Change

    Europe must double down on its efforts to crush Putin’s war machine as Russia’s economy shows signs of weakening, the Prime Minister will warn tomorrow [Monday 3 February].

    As he travels to Brussels for defence and security talks, he will urge the UK’s closest allies to step up and shoulder more of the burden in order to keep Europe safe against Russia’s increasing campaign of sabotage and destruction on our continent. 

    Putin is facing mounting domestic pressure as a result of his struggling economy, having ploughed billions into bankrolling his war machine – leading to skyrocketing inflation and soaring interest rates in Russia.  

    The recent sanctions imposed on Putin’s shadow fleet and energy companies have dealt a severe blow to Russia’s oil trade. Russian oil and gas revenues were down 29% in 2024 compared to 2022, and the sanctions have led to a sharp rise in shipping costs, with the majority of sanctioned vessels left unable to trade. 

    The UK and its allies have introduced the most punishing sanctions ever imposed on any global economy, with Putin himself admitting that these are causing a “colossal number of difficulties”. 

    The UK alone has sanctioned more than 2,100 individuals and entities under the Russia sanctions regime, over 1,900 of which were imposed since Putin’s full-scale invasion. This includes more than 100 ships for transporting Russian energy, including 93 oil tankers.  

    The Prime Minister will call on Europe to keep up the pressure on Putin, alongside sustained military support to Ukraine, to put them in the strongest possible position this year.  

    The Prime Minister will say today:

    We need to see all allies stepping up – particularly in Europe. 

    President Trump has threatened more sanctions on Russia and it’s clear that’s got Putin rattled. We know that he’s worried about the state of the Russian economy. 

    I’m here to work with our European partners on keeping up the pressure, targeting the energy revenues and the companies supplying his missile factories to crush Putin’s war machine. 

    Because ultimately, alongside our military support, that is what will bring peace closer. 

    The Prime Minister has prioritised security as a foundation for his Plan for Change, believing every mission relies on a strong security base, from ensuring the UK’s Armed Forces have the cutting-edge equipment they need, to securing medical supply chains and increasing diversification in energy supplies.

    Tomorrow afternoon, he will meet with NATO Secretary General Mark Rutte, before travelling to meet with the leaders of the 27 EU Member States at an informal meeting of the European Council. 

    There, the Prime Minister will set out his pitch for an ambitious UK-EU defence and security partnership with a number of steps to increase co-operation on shared threats, and go further on cross-border crime and illegal migration, while delivering growth and security at home. 

    The session of the Informal European Council is part of the Prime Minister’s ongoing commitment to strengthen our partnership with the European Union in order to drive growth, boost living standards and keep the UK safe and secure. 

    The Prime Minister is committed to making Brexit work better for the British people while keeping within his red lines – no return to freedom of movement and no re-joining the customs union or single market.

    Updates to this page

    Published 2 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Australia: 2023-24 annual financial disclosure return information published today [3 February 2025]

    Source: Australian Electoral Commission

    AECMedia

    Updated: 3 February 2025

    The 2023-24 annual financial disclosure return information from political parties, significant third parties, associated entities, members of the House of Representatives, Senators, donors and third parties that incur electoral expenditure are now available for public inspection.

    The annual return information is available on the AEC’s Transparency Register at https://transparency.aec.gov.au/.  

    Navigating the register

    The Transparency Register is a database of financial disclosure information, allowing users to apply multiple filters to refine their search. It also includes a data-export function to enable users to undertake additional analysis of the data outside the Register.

    Any questions on the navigation of the Transparency Register should be directed to the AEC’s funding and disclosure helpdesk on 02 6271 4552.

    Editor’s notes:

    • The disclosure scheme requires registered political parties, significant third parties, associated entities, members of the House of Representatives, Senators, donors and third parties that have incurred electoral expenditure to lodge annual financial disclosure returns with the AEC.
    • The disclosure threshold for the 2023–24 financial year returns was $16,300. The threshold is indexed on 1 July each year.
    • The disclosure period covers 1 July 2023 to 30 June 2024. Any transactions made after 30 June 2024 should be disclosed in the 2024–25 annual disclosure return.

    MIL OSI News

  • MIL-OSI Australia: New $43 million partnership with WA to address family and domestic violence

    Source: Ministers for Social Services

    The Albanese Labor Government is working in partnership with the Cook Labor Government to take significant steps towards ending gender-based violence in one generation.

    A renewed five-year National Partnership Agreement on Family, Domestic and Sexual Violence Responses with Western Australia will see an additional $42.975 million invested by the Commonwealth from 2025-26 to 2090-30, matched by recent investment from the State Government.

    The long-term funding will go to vital projects on the ground to help prevent and respond to family, domestic and sexual violence.

    The new partnership agreement brings Western Australia’s total allocation since 2022 to $110.96 million.  

    Minister for Social Services Amanda Rishworth said the renewed partnership agreement will help deliver the shared goal under the National Plan to End Violence against Women and Children 2022-2032 to end gender-based violence in one generation.

    “Addressing the rates of family, domestic and sexual violence has been one of my top priorities since becoming Minister for Social Services, and I am proud of what our government has achieved in just a short amount of time,” Minister Rishworth said.

    “The matched State and Commonwealth funding for Western Australia will continue to provide those on the frontline with the resources and support they need to bring about positive change and help people impacted by family, domestic and sexual violence, whether they are in crisis or starting their journey of recovery and healing.

    “I’m so pleased Western Australia is the first State to sign onto the new partnership agreement and we will continue to work in tandem with all states and territories to ensure that the safety and wellbeing of all women and children is paramount, no matter their circumstance or location.”

    West Australian Minister for the Prevention of Family and Domestic Violence Sabine Winton said the funding would be crucial for frontline service providers in the state.

    “This funding secures certainty for our frontline providers,” Minister Winton said.

    “I’m so pleased we are continuing to partner with the Commonwealth government, with Western Australia becoming the first state to sign up to the new agreement.  

    “The funding will continue to support the incredible work being done on the ground by community outreach services, women’s refuges, and the family and domestic violence sector.

    “It builds on the Cook Government’s long-standing commitment to addressing the scourge of family and domestic violence.”

    Across all jurisdictions, the renewed National Partnership will deliver $700 million in new, matched investments from the Commonwealth and states and territories, supporting frontline family, domestic and sexual violence services, including specialist services for women and children exposed to family, domestic and sexual violence, and men’s behaviour change programs.

    An independent evaluation of the renewed FDSV National Partnership will be undertaken towards the end of the agreement.  

    More information on the FDSV National Partnership Agreement is available on the Federal Financial Relations website.

    If you or someone you know is experiencing, or at risk of experiencing, domestic, family, or sexual violence, you call the National Helpline 1800 RESPECT on 1800 737 732, text 0458 737 732 or visit www.1800RESPECT.org.au for online chat and video call services.

    If you are concerned about your behaviour or use of violence, you can contact the Men’s Referral Service on 1300 766 491 or visit www.ntv.org.au

    Feeling worried or no good? Connect with 13YARN Aboriginal & Torres Strait Islander Crisis Supporters on 13 92 76, available 24/7 from any mobile or pay phone, or visit www.13yarn.org.au No shame, no judgement, safe place to yarn.

    MIL OSI News

  • MIL-OSI USA: Sen. Frank Ginn: Week Three Under the Gold Dome

    Source: US State of Georgia

    The third week of the 2025 Legislative Session has wrapped up, and we’re staying focused on passing common sense legislation that puts Georgia families, businesses and communities first.

    Last week’s snowstorm may have delayed budget hearings for a few days, but it didn’t slow us down. The General Assembly has been hard at work in joint sessions, carefully reviewing budget requests to ensure taxpayer dollars are spent wisely. Passing a balanced budget is not only our constitutional duty—it’s the foundation of a responsible government that serves its people.

    One of the most crucial budget proposals this session is Governor Brian P. Kemp’s plan to return $1 billion in surplus funds directly to taxpayers. Thanks to years of conservative budgeting and fiscal responsibility, we’re in a position to give back to the hardworking Georgians who keep our state running. This is just part of the $2.2 billion in statewide allocations designed to benefit families, businesses, and communities across Georgia. I’m proud to support Gov. Kemp’s efforts to strengthen our economy by putting more money back in your pockets.

    Another key priority is ensuring communities hit hardest by Hurricane Helene have the necessary resources to rebuild. Gov. Kemp has proposed $614.72 million in recovery funding, including $150 million for the Governor’s Emergency Fund to help with debris removal and housing assistance. Another $300 million will go to the Georgia Department of Transportation to restore roads and infrastructure. Many rural counties are still reeling from this storm, and we’re committed to making sure they get the support they need to recover and move forward.

    Back at the Capitol, we hit the ground running this week, advancing legislation that reflects our values and priorities. On Thursday, Gov. Kemp hosted a press conference discussing his (and my) number one priority for the session: tort reform. With the support of leadership officials, I am optimistic about the General Assembly’s ability to pass meaningful and effective tort reform. I know my fellow Senators and I can help achieve better transparency and safeguard our small businesses from being held responsible for criminal acts out of their control.  In the words of Gov. Kemp, “Tort reform is not anti-insurance or anti-lawyer, its pro-Georgia consumer.”

    As committee meetings pick up, we’re working hard on issues that matter most to our communities, from protecting our schools to strengthening local infrastructure. I’m also excited to share my recent co-sponsorship of several Senate Bills, including the “Freedom of Speech and Belief Act,” which, if signed into law, would ensure that our constitutional First Amendment rights are protected in our state.

    Finally, I encourage students ages 12 to 18 to apply for the Senate Page Program. This is an excellent way for young people to see firsthand how the General Assembly works. Interested students may apply for the program by emailing me or my administrative assistant at my office. (Frank.Ginn@senate.ga.gov.)

    As always, I’m here to listen. If you have any questions, concerns, or ideas about our work at the Capitol, please don’t hesitate to reach out. It’s an honor to serve you, and I appreciate your trust as we work together throughout the remainder of the 2025 legislative session.

    # # # #

    Sen. Frank Ginn represents the 47th Senate District which includes Madison County and portions of Barrow, Clarke, and Jackson County. He can be reached at (404) 656-4700 or by email at frank.ginn@senate.ga.gov.

    For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News

  • MIL-OSI Economics: Mission 300 Energy Summit: A watershed moment for Africa’s energy future

    Source: African Development Bank Group
    The just-concluded Mission 300 Africa Energy Summit in Dar es Salaam marks a pivotal shift in how the continent approaches its energy crisis, from fragmented national efforts to a coordinated continental strategy backed by robust financial commitments and political will.

    MIL OSI Economics

  • MIL-OSI Economics: ACP Statement on Tariffs on U.S. Imports from Canada, Mexico, and China

    Source: American Clean Power Association (ACP)

    Headline: ACP Statement on Tariffs on U.S. Imports from Canada, Mexico, and China

    WASHINGTON DC, February 2, 2025 – The American Clean Power Association (ACP) released the following statement from Jason Grumet, ACP CEO following the announcement of tariffs on U.S. imports from Canada, Mexico, and China:
    “ACP and its member companies share the Trump Administration’s concern over the fentanyl crisis and public health emergency impacting our communities. ACP recognizes and appreciates the Administration’s early focus on this crisis.
    “ACP also supports the Administration’s commitment to lower American energy prices.  While energy production only represents 5% of our nation’s direct GDP, it drives the productivity of our entire economy, impacting prices of nearly all consumer goods.  In concert with the other trade associations representing America’s energy resources, ACP is concerned that increasing the costs of energy production inputs will put upward pressure on consumer energy costs and diminish our capacity to unleash energy abundance.
    “While the fuel relied upon by wind and solar energy—complemented by battery storage—is free, some parts for these machines that harness these renewable resources are manufactured in Canada and Mexico. As we have made significant progress manufacturing these components in the United States, the benefits of USMCA have been a positive factor in lowering American energy costs. We look forward to working with the Administration as it pursues multiple imperatives.”

    MIL OSI Economics

  • MIL-OSI New Zealand: Health and Politics – GenPro focuses BIM on helping new Health Minister improve access to primary healthcare

    Source: General Practice Owners Association (GenPro)

    General practice owners, pleased the new Health Minister identifies access to primary healthcare as a top priority, have put forward their views on how Minister Brown could reduce waiting times to see a doctor.

    In a Briefing to the Incoming Minister, the General Practice Owners Association focuses on three key actions critical to reducing waiting times.

    GenPro Chair Dr Angus Chambers says doctors are on the same page as the Minister as every day they see the frustration of patients not able to make appointments in a timely way or register with their local GP.

    Dr Chambers said improving access was more than just about funding, though that’s an important part of the solution in the short term.

    “The new Health Minister needs to recognise the importance of primary healthcare and respond to its urgent need for financial support so it can deliver the essential services Kiwis need,” Dr Chambers says.  

    “Being enrolled with a GP means people are less likely to attend an emergency department, and it also reduces per-patient costs on our health system.

    “Investment in hands-on general practice will directly support the government’s aim of reducing waiting times at emergency departments. No other investment has any evidence of supporting the achievement of this target,” Dr Chambers says.

    Greater support right now for primary healthcare is critical. General practice has been degraded over two decades. Funding hasn’t kept pace with increasing costs, health needs are more complex, and the ability of general practices to raise revenue is restricted by fees controls. For all these reasons, general practice is in a precarious financial position, the BIM says.  

    GenPro’s three key areas to reducing waiting times are:

    Better funding for primary health care services
    Fair pay for family doctor teams
    Increasing the family doctor workforce

     
    While all are important, funding is a critical issue because it’s created or exacerbated other problems, such as staff shortages, crowded emergency departments, and reduced services as general practices restrict enrolments or exit after-hours care.

    “Minister Brown has a lot to read to prepare for his new role, but GenPro’s briefing must be near the top of the pile. General practice is in a parlous state and his influence on funding is desperately needed so we can arrest the decline in primary healthcare, reduce waiting lists, and give communities the healthcare they need and deserve,” Dr Chambers says.

    GenPro members are owners and providers of general practices and urgent care centres throughout Aotearoa New Zealand. For more information visit  www.genpro.org.nz
     
    GenPro-Briefing-to-Minister (ref. https://genpro.org.nz/assets/Uploads/PDFs/250123-GenPro-Briefing-to-Minister.pdf )

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: ConsumerNZ reveals the best and worst insurance providers

    Source: ConsumerNZ

    Consumer NZ finds two insurers have topped the list for customer satisfaction across the insurance trifecta – car, house and contents.

    Results from Consumer’s annual insurance satisfaction survey found MAS and FMG were rated highly by their customers, both earning Consumer’s People’s Choice award.

    “This is the eighth consecutive year FMG has received the accolade, and customers have voted MAS for People’s Choice for nine consecutive years,” says Jon Duffy, Consumer NZ chief executive.

    “Winning People’s Choice is no small feat. The fact these two providers have won People’s Choice across multiple insurance categories reflects their continued focus on customer satisfaction.”

    The best  

    MAS and FMG are the top-rated insurers for house, car and contents insurance. Customers praise their value for money, easy-to-understand policy documents and products tailored to customers’ needs.

    MAS had the highest overall satisfaction rating for house insurance at 76%, while FMG ranked highest for contents insurance at 78%. For car insurance, MAS and FMG also took out the top spots, with 81% and 79% respectively.  

    Duffy emphasises the importance of choosing an insurer that puts customers first.  

    “New Zealanders should expect their insurer to get the basics right – good communication and customer support – especially now, with insurers needing to update policies to comply with upcoming law changes.”

    Consumer’s Insurance Satisfaction Survey found that while most banks scored below average for house and contents insurance, they generally perform better in travel insurance.

    “Some banks scored higher for travel insurance, likely due to it being offered free through some credit cards.

    “In today’s economy, value for money is a key factor in customer satisfaction.”

    The worst

    Big brands State and AMI (both owned by IAG New Zealand Ltd) scored below average for house and contents insurance, with significantly lower-than-average ratings for value for money, communication, customer support and tailored advice.

    “It’s disappointing to see major insurers fall short of the industry average. We’d like to see these big names use their market share to improve customer satisfaction.”

    Banks also underperformed when it came to car insurance.

    “Four banks – ANZ, BNZ, Westpac and ASB – received below average ratings, with ASB at the very bottom of the pile.”

    How to save on insurance

    Consumer’s research1 shows that concerns about insurance costs have risen more than any other household expense over the past 2 years, as premiums continue to outstrip inflation. Duffy encourages consumers to regularly review their insurance policies to ensure they’re getting the best value.  

    “If you’re parking your car in a garage instead of the street – update your policy. We’ve found that switching providers could save you as much as $670 per year in our car insurance survey (ref. https://consumernz.cmail19.com/t/i-l-fiihdx-ijjdkdttjk-j/ ).

    “Adjusting your sum insured or excess are simple ways to lower those premiums,” he adds.

    Consumer members can compare quotes for health, life, travel, house, contents and car insurance, as well as access Consumer’s independent insurance buying guide at consumer.org.nz.

    Notes

    1 Consumer NZ’s Insurance Satisfaction Survey was conducted online in October 2024, with 6,415 respondents, including Consumer NZ members, supporters and a nationally representative sample of over 1,500 New Zealanders.

    Satisfaction is based on the proportion of respondents who rated their experience 8 to 10 out of 10, indicating they were “very satisfied”.

    Learn more about Consumer’s People’s Choice award: https://consumernz.cmail19.com/t/i-l-fiihdx-ijjdkdttjk-i/

    1 Insurance cost concerns have increased the most over the past 2 years, increasing from 13% to 27% of people listing it as a top-three concern.

    MIL OSI New Zealand News

  • MIL-OSI Global: Donald Trump’s tariff wallop demonstrates the brute power of an imperial presidency

    Source: The Conversation – Canada – By Daniel Drache, Professor Emeritus, Department of Politics, York University, Canada

    As promised, United States President Donald Trump has imposed punishing tariffs on all exports from Canada and Mexico, leading to retaliatory tariffs from Canada.

    Canada’s closest ally has torn up the Canada-U.S.-Mexico trade deal negotiated only seven years ago. The rationale behind what the Wall Street Journal editorial board has called “the dumbest trade war in history” isn’t even clear.

    The pessimistic view is that if Canada doesn’t give Trump everything he wants, he will bulldoze the country with more tariffs, sanctions on banks, enhanced border inspections and even a travel ban — everything he recently threatened to do to Colombia.

    Canada’s political class is scrambling because the U.S. has long been a cultural sibling and an economic partner. But now it is toxic, threatening and untrustworthy. Will Canada sign another trade deal with Trump in office? The chances recede the longer the tariffs remain in place.

    Iron-fisted

    It’s never been more clear that Trump is obsessive, seldom a bluffer and always iron-fisted. He seems to have planned and executed this tariff bomb to cause maximum pain and chaos. Now he says the European Union is next on his list.

    Trump is counting on his new majorities in U.S. Congress to ram through his radical right populist agenda, forcing other countries to play a role in his melodrama.

    In response to Trump’s charge that the U.S. subsidizes Canadian trade, former Conservative prime minister Stephen Harper pointed out that half of America’s imported oil comes from Canada, and its price is significantly discounted due to a lack of pipeline capacity. “It’s actually Canada that subsidizes the United States in this regard,” Harper said.

    Nevertheless, Trump’s preferred foreign policy tactic is to hit first with economic sanctions and negotiate later. With his near total grip on U.S. government, he can now achieve all his aims through tariffs.




    Read more:
    Canada-U.S. tariff war: How it will impact different products and industries


    The imperial presidency

    Trump’s vision for his imperial presidency is organized around an old idea: the revenue tariff. Before income taxes, border tariffs were the primary source of income for government. But back then, government did a lot less.

    For example, America’s 19th-century navy of wooden sailing ships was purchased with tariffs. But it would be impossible to fund modern-day health care, student loans and $13 billion aircraft carriers with tariff revenues.

    A recent study by the Peterson Institute for International Economics shows the math doesn’t add up. Tariffs are levied on imported goods and are worth about US$3 trillion. American income tax is levied on incomes and are worth more than US$20 trillion. Government would have to be much smaller, and tariffs would have to be so high they would choke American trade, for tariffs to make economic sense.

    And yet Trump has a broad mandate. In the summer of 2024, the U.S. Supreme Court ruled in Trump v. United States that presidents require a broadly defined “presumptive immunity from prosecution for … official acts.”

    This decision has given Trump the legal clout to force the entire federal government to answer to the president himself.




    Read more:
    US Supreme Court immunity ruling ideal for a president who doesn’t care about democracy


    War against democracy

    Trump is using his vast new mandate to wage multiple wars simultaneously. These wars against the guardrails of liberal democracy require the punishment of his enemies inside his own party.




    Read more:
    Canada should be preparing for the end of American democracy


    Republicans who have voted against Trump legislation during his first term faced high-profile challenges in the primaries as he funded their opponents. Today, the war is waged against those who are insufficiently loyal, including the highest ranks of the Coast Guard and the FBI.

    The war against the administrative state involves the mass firing of independent inspectors, federal lawyers and thousands of civil servants to be replaced by foot soldiers personally loyal to the leader.

    The Trump administration has sent out “deferred resignation” notices that invite the entire civil service to resign. This is the tactic Trump’s key adviser, Elon Musk, implemented at X, and it suggests a wave of firings will soon begin.

    Nonsensical trade war

    The trade war against Canada and Mexico is peculiar because neither country has expressed any willingness to abolish the United States-Mexico-Canada Agreement, which is among the achievements of Trump’s first administration.

    Nevertheless, the paranoid Trump seems to be convinced that he got a raw deal in 2018, and so he wants to scrap the whole treaty and negotiate something tougher that brings more jobs home.

    In 2024, the cars that were ranked most “American” in terms of their content and final assembly were made by Tesla, Honda and Volkswagen. By comparison, the best-selling the Dodge Ram 1500 pickup truck ranked No. 43 on the list. What Trump considers American and non-American isn’t clear, even to voters.

    A new Bank of Canada forecast predicts that American tariffs may reduce Canadian GDP by six per cent. The federal government is planning an enormous bailout package to compensate for widespread job losses like the one offered to businesses and individuals during the pandemic.

    Unsurprisingly, Trump divides Canada’s leadership. Alberta and Saskatchewan have publicly criticized the Team Canada approach. Alberta Premier Danielle Smith refused to sign the joint federal/provincial statement and played to her secessionist base.




    Read more:
    Why Alberta’s Danielle Smith is rejecting the Team Canada approach to Trump’s tariff threats


    Even so, former Alberta premier Jason Kenney recognizes the peril, arguing that Alberta needs to “be prepared to retaliate … we can’t be wusses about this; we have to have a spine.”

    What’s next?

    Canada is an export-led economy based on natural resources. Its strength lies not in refusing to buy California wine or Florida orange juice. Its main sources of leverage are oil and gas, potash and uranium, rare earth minerals, timber products and hydroelectric power. But of all these, oil, uranium, and hydro-electric power are Canada’s biggest guns.

    It’s not yet clear how effective the Canadian government’s strategy will be. Previous rounds of retaliation after the steel and aluminum tariffs in Trump’s first term did not drive him to the negotiating table. It’s also unclear what the CEOs of Canada’s branch-plant multinational corporations will do when their loyalties are divided between Trump and Canada.

    Furthermore, it’s anyone’s guess how much the dissent of western Canadian premiers has hurt Canada’s case with Trump. Certainly, his preferred tactic is to divide and conquer.

    Finally, it’s unclear if Ontario Premier Doug Ford’s “Captain Canada” approach will earn the respect or disdain of Republicans — although, ultimately, it doesn’t matter what the rest of the American political class thinks because Trump and his inner circle are calling all the shots.

    In practical terms, there is little Canada can do to address the false accusations that it’s complicit in the illicit drug trade and in migrants crossing the border into the U.S. Facts don’t matter to Trump. He will eventually come up with a demand, and if Canada doesn’t give in, he will ramp up the economic pain.

    Welcome to the post-liberal world order.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Donald Trump’s tariff wallop demonstrates the brute power of an imperial presidency – https://theconversation.com/donald-trumps-tariff-wallop-demonstrates-the-brute-power-of-an-imperial-presidency-247524

    MIL OSI – Global Reports

  • MIL-OSI USA: Sen. Mike Hodges: Week Three Under the Gold Dome

    Source: US State of Georgia

    The third week of the 2025 Legislative Session has wrapped up, and we’re staying focused on passing commonsense legislation that puts Georgia families, businesses and communities first.

    Last week’s snow may have delayed budget hearings for a few days, but it didn’t slow us down. The General Assembly has been hard at work in joint sessions, carefully reviewing budget requests to ensure taxpayer dollars are spent wisely. Passing a balanced budget is not only our constitutional duty—it’s the foundation of a responsible government that serves its people.

    One of the most crucial budget proposals this session is Governor Brian P. Kemp’s plan to return $1 billion in surplus funds to taxpayers directly. Thanks to years of conservative budgeting and fiscal responsibility, we can give back to the hardworking Georgians who keep our state running. This is just part of the $2.2 billion in statewide allocations designed to benefit families, businesses, and communities across Georgia. I’m proud to support Gov. Kemp’s efforts to strengthen our economy by putting more money back in your pockets.

    Another key priority is ensuring communities hit hardest by Hurricane Helene have the necessary resources to rebuild. Gov. Kemp has proposed $614.72 million in recovery funding, including $150 million for the Governor’s Emergency Fund to help with debris removal and housing assistance. Another $300 million will go to the Georgia Department of Transportation to restore roads and infrastructure. Many rural counties are still reeling from this storm, and we’re committed to ensuring they get the support they need to recover and move forward.

    Back at the Capitol, we went straight to work this week, advancing legislation that reflects our values and priorities. Regardless of political agenda, the safety and wellbeing of Georgians is always a top priority for all State Senators. One of the bills I’m proud to cosponsor is Senate Bill 27, which would protect vulnerable individuals in our state from stalking and doxing, creating criminal penalties for endangering Georgians through these means. I also cosponsored Senate Bill 29, a measure that would make it easier for law enforcement officials to collect the DNA of criminals arrested for felonies.

    This week, I had the pleasure of joining our Glynn County commissioners in meetings with the commissioners of both the Georgia Department of Transportation and the Georgia Department of Natural Resources to discuss issues that are vitally important to my friends and neighbors. I am confident these discussions will bear fruit in future efforts to better our roads and bridges and to protect our beaches.

    Finally, I want to continue encouraging students ages 12 to 18 to apply for the Senate Page Program. This is an excellent way for young people to see firsthand how the General Assembly works. If you know a student who might be interested, they can apply here.

    As always, I’m here to listen. If you have any questions, concerns, or ideas about our work at the Capitol, please don’t hesitate to reach out. It’s an honor to serve you, and I appreciate your trust as we work together throughout the remainder of the 2025 legislative session.

    # # # #

    Sen. Mike Hodges serves as Chairman of the Senate Committee on Reapportionment and Redistricting. He represents the 3rd Senate District which includes Brantley, Camden, Charlton, Glynn, McIntosh, and a portion of Ware County. He may be reached by phone at (404) 463-1309 or by email at mike.hodges@senate.ga.gov.


    For all media inquiries, please reach out to
    SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News

  • MIL-OSI USA:  Sen. Carden Summers: Weeks 2 & 3 Under the Gold Dome

    Source: US State of Georgia

    The third week of the 2025 Legislative Session has concluded, and we’re staying focused on passing commonsense legislation that puts Georgia families, businesses and communities first.

    Last week’s snowstorm may have delayed budget hearings for a few days, but it didn’t slow us down. The General Assembly has been hard at work in joint sessions, carefully reviewing budget requests to ensure taxpayer dollars are spent wisely. Passing a balanced budget is not only our constitutional duty—it’s the foundation of a responsible government that serves its people.

    One of the most crucial budget proposals this legislative session is Governor Brian P. Kemp’s plan to return $1 billion in surplus funds directly to taxpayers. Thanks to years of conservative budgeting and fiscal responsibility, we’re in a position to give back to the hardworking Georgians who keep our state running. This is just part of the $2.2 billion in statewide allocations designed to benefit families, businesses and communities across Georgia. I’m proud to support Gov. Kemp’s efforts to strengthen our economy by putting more money back in your pockets.

    Another key priority is ensuring communities hit hardest by Hurricane Helene have the resources they need to rebuild. Gov. Kemp has proposed $614.72 million in recovery funding, including $150 million for the Governor’s Emergency Fund to help with debris removal and housing assistance. Another $300 million will go to the Georgia Department of Transportation to restore roads and infrastructure. Many rural counties are still reeling from this storm, and we’re committed to making sure they get the support they need to recover and move forward.

    One of the bills I’m proud to sponsor is Senate Bill 43. This legislation aims to update the qualifications for bona fide conservation use property and bona fide residential transition property and would increase the maximum acreage needed to qualify to meet these standards. I’m also proud to sponsor Senate Bill 13, legislation which provides the authority to finance and perform duties in connection with projects relating to natural gas facilities. This legislation is not only important to Senate District 13, but to the entire state.

    Finally, I encourage students ages 12 to 18 to apply for the Senate Page Program. This is an excellent way for young people to see firsthand how the General Assembly works. If you know a student who might be interested, they can apply on the Senate website here.

    If you have any questions, concerns, or ideas about our work at the Capitol, please don’t hesitate to reach out. It’s an honor to serve you, and I appreciate your trust as we work together throughout the remainder of the 2025 legislative session.

    # # # #

    Sen. Carden Summers serves as Chairman of the Senate Committee on Banking and Financial Institutions. He represents the 13th Senate District which includes Ben Hill, Berrien, Crisp, Irwin, Lee, Tift, Turner, and Worth County, as well as a part of Coffee County. He may be reached at (404) 463-5258 or by email at carden.summers@senate.ga.gov.

    For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News

  • MIL-Evening Report: Podcasts have helped sway many young American men to the right. The same may well happen in Australia

    Source: The Conversation (Au and NZ) – By Raffaele F Ciriello, Senior Lecturer in Business Information Systems, University of Sydney

    Shutterstock

    The 2024 US presidential election saw a historic shift to the right, driven by the largest swing of young male voters in two decades. Analysts attribute this partly to podcasters like Joe Rogan, whose unfiltered, conversational content bypassed traditional media to mobilise this demographic.

    Our own research shows that Donald Trump’s podcast strategy during the election campaign boosted his support by 1% to 2.6%, with more than half of this linked to Rogan’s platform. In contrast, Kamala Harris’s reliance on traditional, curated media lacked the authenticity that resonated with Trump’s base.

    This trend has clear parallels in Australia, where media strategy has long mirrored the US. In 1949, Robert Menzies used radio to reassure the public, much like Franklin D. Roosevelt’s “fireside chats”. In the 1980s, television brought Bob Hawke into voters’ homes, showcasing charisma akin that of John F. Kennedy in his earlier televised debates. Kevin Rudd’s 2007 “Kevin 07” campaign effectively mirrored Barack Obama’s use of social media to engage younger voters. Similarly, Scott Morrison’s 2019 campaign emulated Trump-style microtargeting on Facebook to connect with specific demographics.

    Today, podcasts have become the latest battleground for political influence. Their conversational, long-form format enables politicians to address complex issues in a direct, personal manner. This medium resonates particularly with younger voters, who are increasingly turning away from traditional media.

    The 2025 federal election will likely see a turning point in the influence of podcasts on election campaigns, and even the outcome.

    The Australian podcasting landscape

    Podcast consumption in Australia continues to rise, with listenership increasing by 8.7% in early 2024. This comes after reaching a record 43% in 2023, up from 17% in 2017.

    Dubbed “the world’s most avid podcast listeners”, Australian men aged 18–34 dominate the audience, drawn to popular news and politics podcasts such as ABC News Top Stories and The Party Room, as well as global hits like The Joe Rogan Experience.

    Podcasts appeal through their intimacy and authenticity, fostering a “close-knit friend group” atmosphere. Younger voters increasingly use podcasts to explore issues such as housing affordability and climate change.

    Rogan’s podcast exemplifies this appeal, particularly among young Australian men. With 80% of his audience male, and half aged 18–34, Rogan’s unapologetic masculinity and focus on topics such as combat sports, hunting and societal controversies position him as a counterbalance to identity politics. His “living room” style, seen during Trump’s three-hour appearance, makes polarising or extremist ideas more palatable. This reflects a broader cultural shift among young men toward what they see as “traditional values”.

    While podcasts often feature diverse viewpoints, their unregulated nature can expose listeners to harmful ideologies, fostering echo chambers or radicalisation. Misinformation spreads more easily in these spaces, as evidenced by the US, where fragmented media contributed to the rise of Trumpism. Although Australia’s stricter campaign finance laws and media regulations reduce such risks, they cannot eliminate them entirely.

    As the 2025 election nears, understanding how podcasts shape voter behaviour is critical for balanced political discourse and social cohesion.

    Australia’s political landscape

    Recent polls show the Liberal-National Coalition leading Labor 53.1% to 46.9% in two-party preferred voting, with 39% of voters preferring Peter Dutton as prime minister compared with Anthony Albanese’s 34%. While the Coalition uses Trump-style strategies, Albanese appears to have a problem with male voters.

    Dutton emulates Trump in using podcasts to connect directly with young male voters and amplify culture war themes, anti-woke sentiment, and populist rhetoric.

    His Elon Musk-inspired push for a “government efficiency” department mirrors Trump’s populist promises of cutting “wasteful spending”.

    The Coalition has tapped into a broader cultural shift among young men. Many of these men have gravitated toward influencers like Andrew Tate – alleged rapist and human trafficker with ambitions to become UK prime minister – whose divisive rhetoric reinforces regressive ideals.

    Surveys reveal 28% of Australian teenage boys admire Tate, while 36% find him relatable. Moreover, half of surveyed schools link his influence to negative behavioural changes.

    These strategies seem to work, with polls showing increased male voter support for the Coalition (52.7% to Labor’s 47.3%).

    Australia’s compulsory voting and multi-party preferential system encourage broad-based appeals. But they also risk amplifying polarisation.

    Australia’s concentrated media ownership, dominated by Rupert Murdoch’s News Corp, further shapes public discourse by amplifying conservative perspectives.

    Although younger Australians – especially women – remain a strong progressive base for Labor, the rise of right-wing podcasts and their impact on young male voters poses a significant challenge. The Coalition’s ability to connect with this demographic via podcasts, leveraging dissatisfaction and cultural shifts, could shape the election’s outcome.

    Opportunity and risk

    Podcasts present both opportunities and risks for Australian politics. They offer a powerful platform for politicians to engage younger voters on crucial issues, fostering deeper connections. However, their unregulated nature enables the spread of misinformation and the normalisation of polarising ideas.

    To address this, voters should critically evaluate podcast content, fact-check claims using resources such as RMIT ABC Fact Check and AAP FactCheck, and seek diverse perspectives. Politicians, meanwhile, must use podcasts strategically, balancing authenticity with accountability.

    Progressive ideas could better resonate with young male audiences by reframing topics such as climate action, housing affordability and workplace equity as opportunities for leadership, empowerment and responsibility. Partnering with relatable influencers and using accessible, conversational podcast formats can help progressives connect with this demographic.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Podcasts have helped sway many young American men to the right. The same may well happen in Australia – https://theconversation.com/podcasts-have-helped-sway-many-young-american-men-to-the-right-the-same-may-well-happen-in-australia-248135

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards

    Source: The Conversation (Au and NZ) – By Aaron Gilbert, Professor of Finance, Auckland University of Technology

    New Zealand’s superannuation is no longer enough to live on for the country’s retirees. Research has found people need hundreds of thousands in savings to live a comfortable life after work.

    But the KiwiSaver scheme, introduced in 2007 to encourage New Zealanders to build their retirement savings, continues to be a political football. Since its creation, there have been multiple tweaks to the scheme, threatening to undermine its core purpose: supporting New Zealanders in their retirement.

    In late 2024, the government proposed changes that would make it easier for KiwiSaver managers to invest in private assets.

    The government says these changes could unlock billions to fund essential infrastructure or to provide capital for businesses, outcomes that could benefit the country as a whole.

    But the changes required to enable investing in private assets – such as reduced transparency around fees – are concerning and may not be worth the limited benefits it would bring to KiwiSaver members.

    Expanding KiwiSaver

    At the moment KiwiSaver managers predominantly invest in publicly traded assets, specifically stocks and bonds.

    The changes would open up KiwiSaver investors to a wide range of opportunities such as infrastructure projects (for example, toll roads), unlisted companies (KiwiBank has already been suggested by one provider) and property investments, among others.

    Increasing private asset exposure from the current 2-3% of funds under management to a level similar to Australian super funds (15%+) could unlock significant investment for infrastructure or business capital.

    But while there is definite appeal in using more KiwiSaver money to build roads and other essential infrastructure, the benefits to investors may be more modest.

    The Ministry of Business, Innovation and Employment argues private assets may increase fund returns and should reduce risk for investors by reducing fund exposure to stock and bond markets.

    But to achieve these possible outcomes KiwiSaver members risk being locked into a fund provider or having their funds split across providers when they opt to move. There is also the concern that transparency around the fees being charged by managers could worsen.

    Gumming up the works

    The advantage of the current system of investing in publicly traded assets is that they are relatively cheap to trade, can be bought or sold quickly and their market value is constantly known.

    Private assets are none of these things.

    Fund managers are currently required to release your funds within ten days when you opt to switch manager. Large investments in private assets that can not be sold quickly, or even worse, may be distressed (where the value is currently significantly below what it was bought for), could create a liquidity issue for a fund if a lot of investors decide to switch.

    To encourage managers to invest in private assets the proposed changes would allow your existing fund manager to hold onto a portion of your investment until private assets could be liquidated if they deemed it in your best interest.

    Essentially, you may have to stay with a fund manager for an indeterminate period even if you want to change, presumably while still paying them fees on the funds they are looking after.

    New Zealand’s retirees rely on KiwiSaver to top up insufficient superannuation payments.
    Stramp/Shutterstock

    Hiding fees

    The government’s changes also suggest allowing managers to change the way the fees they report is calculated.

    To encourage managers to invest in private assets, the government has proposed allowing them to exclude the costs associated with private assets from their reported fees. Why? Because private asset investing is significantly more expensive.

    Managers may need to build specialised teams to evaluate private asset investments. There are substantial costs (consultants, lawyers, experts etc) incurred when evaluating these investments in the same way that a home buyer faces costs such as builder and valuer reports.

    Additionally, managers will need to hire valuers periodically to reevaluate the value of the assets, resulting in more costs.

    Removing private asset costs from disclosures will make it harder for New Zealanders to compare the fees on different funds.

    Multiple other problems

    Several other problems also exist with the plan.

    The KiwiSaver market is relatively fragmented with 21 providers, nearly half of which manage less than NZ$1 billion in assets. Many private asset investments would require tens of millions, which means funds run the risk of becoming heavily exposed to just a few large investments. Only a handful of funds currently have the size to effectively use private assets to reduce investor risk.

    There is also the difficulty in valuing private assets. Valuers can provide a best guess, but it will depend largely on what the market is willing to pay at the time you come to sell.

    What is also unclear is how the value of private assets will be reflected in the unit prices that impact the price at which you buy into or sell out of fund. This introduces yet more opacity to a system that is currently transparent.

    KiwiSaver will increasingly become a critical aspect of New Zealanders’ retirement. Changes to it need to be carefully considered and evaluated to avoid undermining confidence in KiwiSaver and to ensure that they support the primary goal, ensuring financial security in retirement. It is not clear that this change meets that threshold.

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

    ref. KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards – https://theconversation.com/kiwisaver-shakeup-private-asset-investment-has-risks-that-could-outweigh-the-rewards-247684

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: BitconeMine Announces Exclusive $10 Login Mining Bonus for New Users

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 02, 2025 (GLOBE NEWSWIRE) — BitconeMine, the leading AI-driven cloud mining platform, is making waves in the cryptocurrency industry by offering a limited-time $10 login mining bonus to new users. The initiative aims to lower the barrier to entry for crypto enthusiasts and provide a seamless, cost-effective way to start earning Bitcoin through cloud mining.

    What is Bitcoin Cloud Mining?

    BitconeMine allows users to participate in cryptocurrency mining without owning expensive hardware or dealing with a complex technical setup. By renting mining power from a data center, users can earn Bitcoin with minimal effort and investment.

    Why BitconeMine?

    BitconeMine stands out in the cloud mining industry with its innovative AI technology, ensuring optimized mining operations and consistent returns for investors. With a seven-year track record, BitconeMine continues to provide a secure and stable platform for passive income generation.

    Key Benefits of BitconeMine:

    $10 Login Bonus: New users can start mining immediately and earn a fixed $0.6 per day.
    Transparency: Monitor contracts and earnings in real time via mobile or desktop.
    Security: Investment protection backed by L&G Insurance.
    Scalability: Flexible contracts to suit a variety of investment needs.
    Zero maintenance costs: BitconeMine takes care of all hardware and operational maintenance.
    24/7 customer support: 24/7 assistance for a seamless mining experience.

    How to get started

    Joining BitconeMine is simple. Register on the platform and instantly activate your $10 mining reward. With daily passive income, new users can explore cloud mining without an initial financial commitment.

    1. First register as a BitconeMine user (visit the BitconeMine official website, click on register, and follow the steps to set up your account and password.)
    2. Choose a suitable contract package
    3. Pay the mining contract fee
    4. Wait for daily earnings.

    The bright future of cloud mining

    BitconeMine is committed to innovation and user satisfaction, and continuously enhances its platform to provide industry-leading cloud mining solutions. With strong security measures, transparent operations, and AI-driven efficiency, BitconeMine is poised to redefine the future of cryptocurrency mining.
    Start your crypto mining journey today. Visit https://bitconemine.com/ and claim your $10 sign-on bonus instantly!

    Contact:
    Lily Tanoria
    info@bitconemine.com

    Disclaimer: This press release is provided by BitconeMine. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including potential loss of capital. Readers are strongly advised to conduct their own research and consult a qualified financial advisor before making any investment decision.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/174be102-c6be-401a-9da7-0e74b40c2b30
    https://www.globenewswire.com/NewsRoom/AttachmentNg/339a30a4-a09e-4bf9-985c-ce8dbf491e4e

    The MIL Network

  • MIL-OSI USA: Governor Hochul is a Guest on MSNBC’s ‘The Weekend’

    Source: US State of New York

    Earlier today, Governor Kathy Hochul was a guest on MSNBC’s “The Weekend” with Symone Sanders Townsend, Michael Steele and Alicia Menendez.

    AUDIO: The Governor’s remarks are available in audio form here.

    A rush transcript of the Governor’s remarks is available below:

    Symone Sanders Townsend, MSNBC:  Well, President Donald Trump just defended his tariffs on Mexico, Canada and China, saying online in part, quote, “Will there be some pain? Yes, maybe, and maybe not, but we will make America great again, and it will be all worth the price that must be paid.” Joining us now to discuss is New York Governor Kathy Hochul.

    Michael Steele, MSNBC: Welcome, Governor. That tweet is the musings of a man who has no clue the impact of what he just did. Let’s take, for example, in 2022, total New York-Canada trade increased to $42.6 billion. As we can show on the graph, this rise was comprised of a 19 percent increase in exports and a 28 percent rise in imports.

    The states are the ones that will carry the burden of his illiberal, unhinged reaction to whatever — we don’t know. But he somehow thinks that this is a public policy of engaging a tariff war that, somehow, a state like yours is going to be immune from. Talk to us about what this means and Canada’s response potentially to the citizens of your state.

    Governor Hochul: Well, we’re deeply concerned about this. We have a strong trade arrangement, and they’ve been partners of ours since the beginning of our country. New York State has one of the largest borders with any country in the world because, you know, we have the water line — the water and land crossings.

    But, there’s a synergy between our two communities. Canada and New York State are really– it’s like all part of one region, and we have a lot of trade between us, and it’s critically important for our farmers, and our manufacturers, and all the areas we produce materials that Canada needs that we get that across the border with ease.

    Now, Canada — and this is not a surprise — is already talking about retaliatory tariffs on our products. So, our businesses are going to feel it immediately. And also just, why are we doing this? New York State is the economic engine of the country. When you do something that hurts New York — because we are in such close proximity to Canada — it’s going to have a ripple effect across the country, and I’m concerned about that.

    So, if this is a temporary measure to get the attention of the other countries — Mexico and Canada, in particular — to talk about fentanyl coming across the border, we’ll continue focusing on that; I’m putting more money on the border to stop that as well, right here in the State of New York. But this is going to be an additional tax on New York residents and American residents overall, and I don’t see a way around that. This is what we’re facing right now.

    In a time when I’m working so hard to put money back in New Yorkers pockets, an additional $1,300, $1,400 a year is going to take that money right back out. So consumers are the ones who are going to bear the brunt of this, and that’s what concerns me so much.

    Alicia Menendez, MSNBC: You know, Governor, during the past presidential campaign, there were so many Democrats who tried to make it clear that even if you live in a Democratic state, even if you live in a blue state, you would be impacted by some of the proposed changes from this Republican party, from Donald Trump.

    We’re now seeing that play out in real time when it comes to abortion access. This, from the Washington Post, you have a New York doctor who’s been charged with prescribing abortion pills to a Louisiana girl. The case appears to be the first instance of criminal charges against a doctor accused of sending abortion pills to another state since the U.S. Supreme Court overturned Roe v. Wade in 2022.

    You have said you would never, under any circumstances, turn this doctor over to the State of Louisiana under any extradition request. What other mechanisms are available to you to protect health care workers in New York?

    Governor Hochul: I will protect this doctor and all health care workers because this is the continued collateral damage of the overturning of Roe v. Wade that we saw at that moment and we sound the alarms about it, but, sadly, this is the law right now where it’s left to individual states. But, I have to protect my doctors, and my doctors have a right to prescribe FDA-approved medication via telehealth. And for having a doctor in the State of New York who simply answered the call of a mother who wanted to get this prescription filled legally and now to be facing jail time and conviction as a, you know, an accomplice to murder here — where has this country gone? It feels like we’ve lost our minds.

    We’re now penalizing doctors who are trying to do what they can in a state like Louisiana that has 60 percent higher maternal mortality rates — sometimes, these medication-assisted abortions can be life saving for someone who’s having complications. My gosh, what has this country come to? So I will continue to stand up strongly to support women’s rights to abortion. This is my mother’s generation’s fight. It’s something we all took for granted, and it’s not there for my daughter — and it better be back in place for my granddaughter. These are the values we espouse in New York, and I will protect this doctor.

    I will never, ever sign an extradition agreement to send this doctor into harm’s way to be prosecuted as a criminal for simply following her oath.

    Symone Sanders Townsend, MSNBC: Governor Hochul, can we turn to talk about immigration? New York State has literally been in the, I would argue, the top of mind for some Trump administration officials. We have this from our colleague Jonathan Allen on Friday. U. S. President Donald Trump’s new Homeland Security Secretary made sure cameras were rolling when she joined federal agents to arrest migrants in New York City. Secretary Kristi Noem said the publicity created around the arrest was to show that the new administration was taking a different, tougher approach.

    What are your thoughts about these stunts is what it looks like, because if you look at the numbers, actually, the Trump administration– these raids aren’t necessarily new, they’re just bringing cameras and the secretaries to execute what ICE had been doing even when President Biden was in office. So I just, your reaction to the target that is on, essentially the backs of people who are migrants in this country, undocumented, but also people who are American citizens who are also being swept up into some of these rates.

    Governor Hochul: That’s right, that’s right. So let’s level-set here. ICE has come into the State of New York for many years, whether it’s someone who’s already served time in a prison and they were being removed back to their country if they’ve been convicted of a crime here; if they have a warrant for an arrest, there is cooperation from state and local officials — that is nothing new. So, there’s a lot of drama around this, but I have to make sure that yes, we keep our streets safe, that we remove the gangs that have been terrorizing some of our neighborhoods — yes, that is critically important; I’ll support anyone who can do that. But, we will not let people get swept up into raids when they are simply here trying to earn a living.

    What I wanted to do? I want to put people to work. I have 400,000 open jobs in the State of New York at all levels. I have a database with 52,000 jobs of people who said if we can get migrants work authorization, which I desperately need from the federal government, that it’s a whole new ballgame — they’ll hire them. So, this is good for our economy if we can take the people who’ve already come here. And again, our borders are too fluid, they were too open. I believe that we need a strong national immigration policy like the kind I worked on when I was a Staffer for Senator Moynihan and Ronald Reagan, work with Democrats.

    I still have hope that there can be a bipartisan approach to dealing with this and have our borders protected, but let’s deal with what has happened already. We have people who are in our communities and children are not going to school now because they’re afraid of their parents being swept up if they pick them up.

    And people are cowering in church basements. This is the State of New York. We’re not going to let this happen here. We will work with law enforcement. We’ll make sure that the criminal element is gone, we all want them gone, but we also have a place in our State and we can take care of people who’ve already been here, who are already contributing to our tax base.

    They’re doing jobs that so many others didn’t want to do, so let’s recognize that as well.

    Symone Sanders Townsend, MSNBC: Governor Kathy Hochul, thank you very much for your time this morning.

    MIL OSI USA News

  • MIL-OSI Global: Canada-U.S. tariff war: How it will impact different products and industries

    Source: The Conversation – Canada – By Sylvanus Kwaku Afesorgbor, Associate Professor of Agri-Food Trade and Policy, University of Guelph

    U.S. President Donald Trump has imposed a 25 per cent tariff on most Canadian goods. A senior governmental official said they are expected to come into effect on Feb. 4.

    This tariff will have significant economic consequences on both sides of the border, as the U.S. and Canada share one of the largest bilateral trade relationships in the world.

    A key concern is the highly integrated supply chains between the two countries. Many goods cross the border multiple times as intermediate inputs before becoming final products. Imposing tariffs at any point in this supply chain will raise production costs and increase prices for a wide range of goods traded between the U.S. and Canada.

    For Canada, the tariffs on Canadian products will significantly affect Canada’s competitiveness in the U.S. market by driving up prices. Such tariffs could pose serious challenges for various sectors in Canada, given the country’s heavy reliance on the U.S. economy.

    Effects on different sectors

    The impact of U.S. tariffs on Canadian prices is likely to differ across sectors and products, depending on their reliance on the U.S. market.

    Sectors with a higher dependence on U.S. trade are likely to experience more severe disruptions. If the tariffs make certain products uncompetitive, Canadian producers may struggle to secure alternative markets in the short term.

    Industries such as agriculture, manufacturing and energy will experience varying degrees of impact. Energy products and motor vehicles, which represent Canada’s largest exports to the U.S., are expected to be among the most adversely affected.

    In the agricultural and forestry sector, wood and paper products, along with cereals, are among Canada’s largest exports to the U.S., with the U.S. accounting for 86 to 96 per cent of these exports, according to data from the World Integrated Trade Solution.

    In the energy and mineral sector, crude oil is Canada’s top export, reaching US$143 billion in 2023, with 90 per cent destined for the U.S. Given its critical role as Canada’s largest export across all sectors, it is not surprising that Trump has noted crude oil would subject to a lower tariff of 10 per cent.

    Canada’s dependence on U.S. trade

    When examining the impact on different products, it’s not only the value of trade that matters, but also the share of trade. The share of trade indicates how reliant Canada is on the U.S. compared to other markets.

    A high trade share with the U.S. suggests a product is particularly vulnerable to trade disruptions, as Canada depends heavily on the U.S. market for that product. Conversely, a lower share indicates that Canada has diversified suppliers, which reduces its dependence on the U.S.




    Read more:
    Trump’s tariff threat could shake North American trade relations and upend agri-food trade


    For instance, in 2023, Canada’s top exports to the U.S. included vehicles and parts, nuclear machinery and plastics, according to data from the World Integrated Trade Solution. The U.S. accounted for 93 per cent of vehicle and parts exports, 82 per cent of nuclear machinery exports, and 91 per cent of plastics exports.

    This data highlights Canada’s extreme dependence on the U.S. market, making these industries within the manufacturing sector highly susceptible to the tariff. This could harm jobs in the manufacturing sector, which is vital to employment in Canada, providing jobs for over 1.8 million people.

    Canada’s reliance on the U.S. is also evident in imports. In 2023, vehicle imports totalled US$92 billion, with the U.S. accounting for 58 per cent of that amount.

    The dependence is also evident in the agri-food and forestry sector, where Canada heavily relies on U.S. imports. This suggests that retaliatory tariffs on agricultural goods from the U.S. could have a substantial impact on food prices in Canada.

    Retaliatory tariffs and inflationary pressures

    Canada has announced it’s imposing $155 billion of retaliatory tariffs on U.S. imports in response. This could contribute to inflationary pressures within Canada.

    Prime Minister Justin Trudeau says this includes immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 days’ time to “allow Canadian companies and supply chains to seek to find alternatives.”

    This will include tariffs on “everyday items such as American beer, wine and bourbon, fruits and fruit juices, including orange juice, along with vegetables, perfume, clothing and shoes,” and also on major consumer products like household appliances, furniture and sports equipment, and materials like lumber and plastics.

    Given Canada’s significant dependence on U.S. imports, the retaliatory tariffs will raise the cost of American goods entering the country, further driving up consumer prices and exacerbating inflation.

    In its latest policy rate announcement, the Bank of Canada warned of the severe economic consequences of Trump’s tariffs, highlighting their potential to reverse the current downward trend in inflation.

    What should Canada do now?

    Canada must extend its economic diplomacy efforts beyond the Trump administration, engaging with the U.S. Congress and Senate to advocate for the reconsideration of tariffs on Canadian goods. The Canadian government should persist in leveraging this channel to push for a reversal of the tariffs. This kind of broader negotiation remains the most effective approach to mitigating trade tensions and ensuring stable economic relations with the U.S.

    At the same time, Canada must reduce dependence on the U.S. market by adopting a comprehensive export diversification strategy. While the U.S. remains a convenient and accessible trade partner, expanding into emerging and developing markets would help mitigate risks and create more stable long-term trade opportunities.




    Read more:
    Trump’s tariff threat is a sign that Canada should be diversifying beyond the U.S.


    One effective way to achieve export diversification is by expanding free trade agreements (FTAs) with emerging and developing economies. Currently, Canada has 15 FTAs covering about 51 countries, but there is room for expansion. However, signing FTAs alone is insufficient; Canada must ensure these agreements translate into tangible trade growth with partner countries.

    International politics is increasingly shaping global trade, making it imperative for Canada to proactively manage diplomatic and trade relations. In recent years, tensions have emerged with key partners such as China, India and Saudi Arabia. These countries could all become potential markets for Canadian products. Given that China is Canada’s second-largest export destination, there is significant potential to expand trade ties.

    Additionally, countries like the United Arab Emirates present promising markets, particularly for agricultural products, as the UAE imports about 90 per cent of its food.

    Boosting innovation and productivity

    Canada stands at a critical juncture in its trade relationship with the U.S. While diplomatic efforts remain essential to averting harmful tariffs, they cannot be the country’s only line of defence.

    Boosting productivity is one of the most effective ways for Canada to improve its competitiveness in global markets. Canadian producers should prioritize innovation and the adoption of advanced technologies to enhance efficiency and maintain a competitive edge, particularly as they seek to expand beyond the U.S.

    In response to potential U.S. tariffs, the Canadian government should implement a bailout strategy to provide short-term relief and mitigate revenue losses to firms that will be mostly affected. Additionally, Canada should leverage its embassies and consulates worldwide to promote exports and help affected firms identify and access new market opportunities.

    By doing this, Canada can position itself as a more self-reliant and competitive player in the global economy — one less vulnerable to shifting U.S. policies.

    Sylvanus Kwaku Afesorgbor receives funding from the OMAFRA and the USDA. He is affiliated with the Centre for Trade Analysis and Development (CeTAD Africa).

    Naduni Uduwe Welage and Promesse Essolema do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Canada-U.S. tariff war: How it will impact different products and industries – https://theconversation.com/canada-u-s-tariff-war-how-it-will-impact-different-products-and-industries-248824

    MIL OSI – Global Reports

  • MIL-OSI Security: Funding confirmed for national violence and public protection centre

    Source: United Kingdom National Police Chiefs Council

    Government funding to establish a dedicated national hub that will centralise policing’s response to violence against women and girls and wider crimes associated with vulnerability has been confirmed today (Sunday, 2 February).

    The creation of a dedicated policing hub will support forces with specialist knowledge and training for investigators and officers, and lead on a national approach to preventing these crimes from happening, with other agencies.

    Police chiefs declared violence against women and girls a national emergency last year, and called for a whole-system approach that brings together criminal justice partners, government bodies and industry, to tackle the threat through prevention.

    Policing mobilised its response to tackle violence against women and girls at a national level by establishing a dedicated taskforce sat within the National Police Chiefs’ Council in 2021. Since then, the taskforce has worked with the College of Policing, the Vulnerability Knowledge and Practice Programme, the Child Sexual Exploitation taskforce, government and support organisations to drive consistency and best practice across all forces in England and Wales.

    Building on the successes of programs like Operation Soteria, the new centre will work with academics to ensure an evidence-based approach, transforming the way policing looks at and responds to these crimes.

    T/CC Maggie Blyth, National Police Chief’s Council lead for Violence Against Women and Girls said: “We welcome the official announcement and the financial support of government to implement a national policing centre to further protect victims and enhance our specialist capability to target perpetrators.

    “We already have the foundations in place, we have a strong partnership across the College of Policing (CoP), National Police Chiefs’ Council (NPCC) and specialised programmes to drive better consistency in policing’s response to violence against women and girls.

    “Our officers work tirelessly every day to bring offenders to justice and keep people safe, but we need to do more and that starts with equipping our officers with the right training and support to be able to investigate effectively, in the same way as we would provide specialist training to firearms or public order officers.

    “We also need to listen and support victims through the criminal justice process and alongside partners, we will drive improvements for swifter justice and a quicker more robust response when people seek our help.

    “As we set out last year, the threat and scale of violence against women and girls (VAWG), has reached epidemic levels and it is estimated that at least 1 in every 12 women will be a victim of VAWG every year (2 million victims) and 1 in 20 adults in England and Wales will be a perpetrator of VAWG every year (2.3 million perpetrators). The figures are probably even higher, so we must act now to stop male-perpetrated violence, and we are committed to transforming the policing of public protection, so we have a national standard to decrease harm and cost to society.

    “The national centre forms part of our wider work with government on our shared commitment to reform policing and ensure forces have the people and resources they need to keep the public safe.”

    Assistant Chief Constable Tom Harding, the College of Policing’s Director of Operational Standards, said:

    “Every year, at least one in 12 women will be the victim of violence. This is a startling and unacceptable statistic and one which we, collectively, must commit ourselves to changing.

    “Policing is dedicated to protecting women and girls by targeting those who seek to harm them; and ensuring victims have the confidence to come forward, that they are listened to, treated compassionately and receive the best possible service.

    “That’s why we’ll place victims at the heart of the new centre and work across law enforcement, government and key stakeholders in both the public and voluntary sectors to boost the training we give to officers working in this area.

    “The College of Policing will support forces to achieve the highest possible standards and, building on the success of the existing programmes, we will provide policing with the data, research and insight to improve the response to violence against women and girls.

    “I’m grateful to the government for the support and funding provided.”

    MIL Security OSI

  • MIL-OSI: Crypto index platform J’JO releases Market Segment Indexes’ to enable users to build personalized investment portfolios

    Source: GlobeNewswire (MIL-OSI)

     

    J’JO35, the project’s premier solution, is an index of the top 35 cryptocurrencies by market capitalization. This index provides users with a simplified way to invest in digital assets through a strategy focused on minimizing risk.

    SINGAPORE, Feb. 02, 2025 (GLOBE NEWSWIRE) — J’JO Finance, a user-centric solution for risk-minimized crypto investing, launches “Market Segment Indexes,” its’ latest feature enabling users to customize their digital asset indexes. This solution offers users, particularly retail investors, a flexible tool to build their own crypto-investing strategy by hand-picking the specific tokens for their portfolio and determining specific allocations per currency.

    For new users and retail investors, investing in digital assets can be overwhelming for several reasons. As a nascent industry known for its drastic price swings, crypto investing usually requires a solid understanding of technical jargon and the know-how to navigate a complex landscape of digital wallets and exchange platforms. This learning curve also presents challenges in finding reliable information needed for informed investment decisions. Furthermore, the ever-changing market conditions require investing a lot of time while constantly learning about new technologies with a vast ecosystem, meaning that no matter how much time spent, most users won’t ever fully understand what they are investing in.

    J’JO’s core product is the J’JO35 index which provides users with a stable and diversified portfolio of the top 35 cryptocurrencies based on market capitalization, automatically rebalancing each month. New users only need an existing exchange account with one of the supported centralized exchanges to invest in the index. Included among these exchanges are Kraken, Binance, KuCoin, ByBit, Gate.io, and OKX. Users can choose any cryptocurrencies from any of the more than 11 supported centralized exchanges, allocating their funds however they see fit. J’JO automatically manages user funds via an API but never controls custody of the funds, nor will it transfer or withdraw them from an exchange.

    By introducing the Market Segment Indexes feature, J’JO aims to expand its user-oriented ecosystem by offering savvy investors greater control over their investing strategy. This feature allows users to not only build customized indexes based on preference but also create an index from a preset based on the market segment, such as DeFi, AI, real-world assets, etc. Market Segment Indexes also enables experienced investors who recognize the potential of a specific segment to leverage J’JO’s dynamism and adaptability to try to maximize their profits. Of course, this approach can provide greater profit potential, but at a higher risk.

    J’JO is free for investments of up to $500 as part of its mission to help onboard new users and get them acquainted with the service and empower them to invest confidently and in an informed manner. JJO’s Light plan costs $140 a year, offering unlimited investing amounts while allowing a single user to connect to up to three supported exchanges. Its Pro plan, priced at $188 a year, enables unlimited connections to supported exchanges while granting users access to the new Market Segment Indexes feature. Pro plan users also receive advanced analytics tools to track and compare returns.

    “At J’JO we aim to provide a sustainable and secure mechanism for crypto users with the intent of being the primary tool for investing and managing their peer-to-peer finances,” says Andrei Ponomarev, Co-Founder of J’JO. “Market Segment Indexes allows experienced investors to fine-tune their strategies and maximize profits through their market knowledge and valuations. While this new feature enables investors to take more initiative, our top-35 index remains our core offering, providing new users and non-crypto natives with a diversified and user-friendly investing solution. By spreading their investments across the top 35 projects, users avoid putting all their eggs in one basket and don’t have to study blockchain theory or analyze hundreds of projects and market trends to make smart decisions.”

    About J’JO:
    Founded in 2020 and based in Singapore, J’JO offers the J’JO35, an index of the top 35 cryptocurrencies in the market. The service connects users to their exchange of choice and balances their portfolios according to the index. As the S&P 500 of the decentralized economy, J’JO is a service for investing in a market index of cryptocurrencies that allows users to maintain full control over their assets. Since 2020, J’JO35 has outperformed Bitcoin and Ethereum and has an APY of 67 percent. For more information, visit: https://jjo.finance/en

    Contact:
    Ofir Sever
    ofir@reblonde.com

    Disclaimer: This content is provided by jjo.finance. 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.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0119e342-3d83-4128-92c4-7834ea6428f2

    The MIL Network

  • MIL-OSI Africa: Education in Zimbabwe has lost its value: study asks young people how they feel about that

    Source: The Conversation – Africa – By Kristina Pikovskaia, Leverhulme Early Career Research Fellow, University of Edinburgh

    Education, especially higher education, is a step towards adulthood and a foundation for the future.

    But what happens when education loses its value as a way to climb the social ladder? What if a degree is no guarantee of getting stable work, being able to provide for one’s family, or owning a house or car?

    This devaluing of higher education as a path to social mobility is a grim reality for young Zimbabweans. Over the past two decades the southern African country has been beset by economic, financial, political and social challenges.

    These crises have severely undermined the premises and promises of education, especially at a tertiary level. A recent survey by independent research organisation Afrobarometer found that 90% of young Zimbabweans had secondary and post-secondary education compared to 83% of those aged between 36 and 55. But 41% of the youth were unemployed and looking for a job as opposed to 26% of the older generation.

    The situation is so dire that it’s become a recurring theme in Zimdancehall, a popular music genre produced and consumed by young Zimbabweans. “Hustling” (attempts to create income-generating opportunities), informal livelihoods and young people’s collapsed dreams are recurrent topics in songs like Winky D’s Twenty Five, Junior Tatenda’s Kusvikira Rinhi and She Calaz’s Kurarama.

    I study the way people experience the informal economy in Zimbabwe and Zambia. In a recent study I explored the loss of education’s value as a social mobility tool in the Zimbabwean context.

    My research revealed how recent school and university graduates think about the role of education in their lives. My respondents felt let down by the fact that education no longer provided social mobility. They were disappointed that there was no longer a direct association between education and employment.

    However, the graduates I interviewed were not giving up. Some were working towards new qualifications, hoping and preparing for economic improvements. They also thought deeply about how the educational system could be improved. Many young people got involved in protests. These included actions by the Coalition of Unemployed Graduates and the #ThisGown protests, which addressed graduate unemployment issues. Some also took part in #ThisFlag and #Tajamuka protests, which had wider socio-economic and political agendas.

    Understanding history

    To understand the current status and state of education in Zimbabwe it’s important to look to the country’s history.

    Zimbabwe was colonised by the British from the late 19th century. The colonial education system was racialised. Education for white students was academic. For Black students, it was mostly practice-oriented, to create a pool of semi-skilled workers.

    In the 1930s education was instrumental in the formation of Zimbabwe’s Black middle class. A small number of Black graduates entered white collar jobs, using education as a social mobility tool. The educational system also opened up somewhat for women.

    Despite some university reforms during the 1950s, the system remained deeply racialised until the 1980s. That’s when the post-colonial government democratised the education system. Primary school enrolment went up by 242%, and 915% more students entered secondary school. In the 1990s nine more state universities were opened.

    However, worsening economic conditions throughout the 1990s put pressure on the system. A presidential commission in 1999 noted that secondary schools were producing graduates with non-marketable skills – they were too academic and focused on examinations. Students’ experiences, including at the university level, have worsened since then.

    The decline has been driven by systemic and institutional problems in primary and secondary education, like reduced government spending, teachers’ poor working conditions, political interference and brain drain. This, coupled with the collapse of the formal economic sector and a sharp drop in formal employment opportunities, severely undermined education’s social mobility function.

    ‘A key, but no door to open’

    My recent article was based on my wider doctoral research. For this, I studied economic informalisation in Zimbabwe’s capital city, Harare. It involved more than 120 interviews during eight months of in-country research.

    This particular paper builds on seven core interviews with recent school and university graduates in the informal sector, as well as former student leaders.

    Winky D’s “Twenty Five” is about young Zimbabweans’ grievances.

    Some noted that education had lost part of its value as it related to one’s progression in society. As one of my respondents, Ashlegh Pfunye (former secretary-general of the Zimbabwe National Students Union), described it, young people were told that education was a key to success – but there was no door to open.

    Some of my respondents were working in the informal sector, as vendors and small-scale producers. Some could not use their degrees to secure jobs, while others gave up their dreams of obtaining a university degree. Lisa, for example, was very upset about giving up on her dream to pursue post-secondary education and tried to re-adjust to her current circumstances:

    I used to dream that I will have my own office, now I dream that one day I’ll have my own shop.

    Those who had university qualifications stressed that, despite being unable to apply their degrees in the current circumstances, they kept going to school and getting more certification. This prepared them for future opportunities in the event of what everyone hoped for: economic improvement.

    Historical tensions

    Some of my interviewees, especially recent university graduates and activists, were looking for possible solutions – like changing the curriculum and approach to education that trains workers rather than producers and entrepreneurs. As Makomborero Haruzivishe, former secretary-general of the Zimbabwe National Students’ Union, said: “Our educational system was created to train human robots who would follow the instructions.”

    Entrepreneurship education is a popular approach in many countries to changing the structure of classic education. In the absence of employment opportunities for skilled graduates, it is supposed to provide them with the tools to create such opportunities for themselves and others.


    Read more: Nigeria’s universities need to revamp their entrepreneurship courses — they’re not meeting student needs


    In 2018, the government introduced what it calls the education 5.0 framework. It has a strong entrepreneurship component. It’s too soon to say whether it will bear fruit. And it may be held back by history.

    For example, the introduction of the Education-with-Production model in the 1980s, which included practical subjects and vocational training, was met with resistance because it was seen as a return to the dual system.

    Because of Zimbabwe’s historically racialised education system, many students and parents favour the UK-designed Cambridge curriculum and traditional academic educational programmes. Zimbabwe has the highest number of entrants into the Cambridge International exam in Africa.

    Feeling let down

    The link between education and employment in Zimbabwe has many tensions: modernity and survival, academic pursuits and practicality, promises and reality. It’s clear from my study that graduates feel let down because the modernist promises of education have failed them.

    – Education in Zimbabwe has lost its value: study asks young people how they feel about that
    – https://theconversation.com/education-in-zimbabwe-has-lost-its-value-study-asks-young-people-how-they-feel-about-that-244661

    MIL OSI Africa

  • MIL-OSI Africa: Sudan war: ethnic divisions are being used to cover up army failures – peace scholar

    Source: The Conversation – Africa – By Jan Pospisil, Associate Professor at the Centre for Peace and Security, Coventry University

    Sudan’s civil war has devastated the country and strained relations with neighbouring South Sudan. Events in January 2025 have stirred up xenophobic feelings in Sudan and outrage in its southern neighbour, heightening the risk of regional instability.

    Early in the year, the Sudanese Armed Forces captured Wad Madani, a town in Sudan’s central Al Gazira state. The paramilitary Rapid Support Forces had seized control of the town at the start of Sudan’s civil war in April 2023.

    In the days following the army’s takeover of Wad Madani, various images and videos surfaced online. They showed brutal reprisals from the soldiers, including systemic killings and torture. Some of these acts were ethnically targeted against South Sudanese workers employed in the region’s agricultural schemes.

    These images sparked outrage in South Sudan. This led to anti-Sudanese riots in the capital Juba and other cities on 16 January 2025, resulting in fatalities, injuries and widespread looting.

    The Sudanese army formed a committee to investigate the attacks in Wad Madani. The credibility of these investigation is questionable, however, given that the committee is composed of army loyalists.

    Further hurting the investigation’s credibility was a statement a few days later from the army’s second-in-command, Mohamed al-Atta, alleging that South Sudanese fighters constitute 65% of the Rapid Support Forces.

    These events have strained relations between Sudan and South Sudan, compounding an already volatile association.

    They also highlight a war strategy the Sudanese army is pursuing to gain domestic support: that the Rapid Support Forces is primarily composed of foreigners, in this case, South Sudanese fighters.


    Read more: War in Sudan puts South Sudan in danger too: the world’s youngest nation needs a stable neighbour


    This rhetoric has been fuelled by historical tensions between Sudan and South Sudan arising from the liberation war and the latter’s subsequent independence. South Sudan’s independence resulted in the loss of valuable oil resources for Sudan.

    Further, the narrative that the Rapid Support Forces largely comprises foreign fighters – helpfully for the army – feeds and taps into nationalistic and xenophobic sentiments in Sudan. These sentiments date back to the post-independence efforts of the ruling elite to establish an Islamic and Arab state. This marginalised smaller ethnic groups.

    The army’s rhetoric is further supported by the overlap of tribal and ethnic affiliations across Sudan’s borders, including South Sudan and Chad. There are also the numerous reports of the paramilitary group receiving support from foreign players like the United Arab Emirates.

    I have studied transition processes and conflict dynamics in Sudan and South Sudan for more than 15 years. In my view, the army has used the narrative that the Rapid Support Forces is a foreign one to rally domestic support – and distract attention from its own actions and failures.

    The strategy

    The leadership of the Sudanese Armed Forces has frequently emphasised the Rizeigat origins of the paramilitary forces’ leader, Mohamed Hamdan Dagalo, or Hemedti.

    The Rizeigat tribe spans both the Darfur and Chad border. This has supported claims that the Rapid Support Forces includes Chadians. Reports of the paramilitary group recruiting in Chad and the presence of Chadian militants in Khartoum have further reinforced this portrayal.

    When it comes to South Sudanese involvement, there is documented evidence of South Sudanese fighters participating in the Sudan conflict. However, the scale of their involvement is grossly overstated. Even the highest estimates from my research contacts suggest fewer than 5,000 South Sudanese fighters have been involved. This is a mere fraction of the Rapid Support Forces’ estimated 100,000-strong militia.


    Read more: Sudan is burning and foreign powers are benefiting – what’s in it for the UAE


    Another contributing factor to the narrative around South Sudanese involvement is the South Sudan People’s Movement/Army. This is an opposition group that operates along the Sudan-South Sudan border. It targets South Sudanese government forces, sometimes using Sudan as a base of operations.

    Since the onset of the war, I have learned in the course of my work that some South Sudan People’s Movement/Army troops have aligned with the Rapid Support Forces and participated in battles across Khartoum. Others have used their time in Sudan to acquire weapons and supplies for operations in South Sudan.

    However, these opposition fighters are primarily motivated by pragmatic considerations. These include access to resources and political leverage, rather than any ideological alignment with the paramilitary group’s broader goals. These goals include reshaping the power dynamics in Sudan.

    The South Sudanese group’s leader Stephen Buay has formally denied any links with the Rapid Support Forces. However, he has occasionally praised the paramilitary troops’ push against the Sudanese army.

    Buay is participating in peace talks in Nairobi, where he has collaborated with other South Sudanese opposition figures to form a new joint force. This underscores his focus on South Sudan rather than Sudan.

    The implications

    Against this background, al-Atta’s claim that South Sudanese fighters make up most of the Rapid Support Forces is best understood as part of a broader strategy to justify the army’s actions and rally nationalist sentiment.

    This strategy, however, worsens ethnic and regional tensions. It scapegoats South Sudanese fighters and further entrenches divisions between the two nations.


    Read more: How militia groups capture states and ruin countries: the case of Sudan’s Rapid Support Forces


    This rhetoric aligns with the Sudanese army regime’s broader propaganda efforts, which frequently vilify perceived outsiders or adversaries to consolidate power and justify its actions on the battlefield.

    This approach risks perpetuating the cycle of violence, mistrust and regional instability.

    – Sudan war: ethnic divisions are being used to cover up army failures – peace scholar
    – https://theconversation.com/sudan-war-ethnic-divisions-are-being-used-to-cover-up-army-failures-peace-scholar-248325

    MIL OSI Africa

  • MIL-OSI Global: Education in Zimbabwe has lost its value: study asks young people how they feel about that

    Source: The Conversation – Africa – By Kristina Pikovskaia, Leverhulme Early Career Research Fellow, University of Edinburgh

    Zimbabwean students and graduates are actively seeking change to the education system. AFP via Getty Images

    Education, especially higher education, is a step towards adulthood and a foundation for the future.

    But what happens when education loses its value as a way to climb the social ladder? What if a degree is no guarantee of getting stable work, being able to provide for one’s family, or owning a house or car?

    This devaluing of higher education as a path to social mobility is a grim reality for young Zimbabweans. Over the past two decades the southern African country has been beset by economic, financial, political and social challenges.

    These crises have severely undermined the premises and promises of education, especially at a tertiary level. A recent survey by independent research organisation Afrobarometer found that 90% of young Zimbabweans had secondary and post-secondary education compared to 83% of those aged between 36 and 55. But 41% of the youth were unemployed and looking for a job as opposed to 26% of the older generation.

    The situation is so dire that it’s become a recurring theme in Zimdancehall, a popular music genre produced and consumed by young Zimbabweans. “Hustling” (attempts to create income-generating opportunities), informal livelihoods and young people’s collapsed dreams are recurrent topics in songs like Winky D’s Twenty Five, Junior Tatenda’s Kusvikira Rinhi and She Calaz’s Kurarama.

    I study the way people experience the informal economy in Zimbabwe and Zambia. In a recent study I explored the loss of education’s value as a social mobility tool in the Zimbabwean context.

    My research revealed how recent school and university graduates think about the role of education in their lives. My respondents felt let down by the fact that education no longer provided social mobility. They were disappointed that there was no longer a direct association between education and employment.

    However, the graduates I interviewed were not giving up. Some were working towards new qualifications, hoping and preparing for economic improvements. They also thought deeply about how the educational system could be improved. Many young people got involved in protests. These included actions by the Coalition of Unemployed Graduates and the #ThisGown protests, which addressed graduate unemployment issues. Some also took part in #ThisFlag and #Tajamuka protests, which had wider socio-economic and political agendas.

    Understanding history

    To understand the current status and state of education in Zimbabwe it’s important to look to the country’s history.

    Zimbabwe was colonised by the British from the late 19th century. The colonial education system was racialised. Education for white students was academic. For Black students, it was mostly practice-oriented, to create a pool of semi-skilled workers.

    In the 1930s education was instrumental in the formation of Zimbabwe’s Black middle class. A small number of Black graduates entered white collar jobs, using education as a social mobility tool. The educational system also opened up somewhat for women.

    Despite some university reforms during the 1950s, the system remained deeply racialised until the 1980s. That’s when the post-colonial government democratised the education system. Primary school enrolment went up by 242%, and 915% more students entered secondary school. In the 1990s nine more state universities were opened.

    However, worsening economic conditions throughout the 1990s put pressure on the system. A presidential commission in 1999 noted that secondary schools were producing graduates with non-marketable skills – they were too academic and focused on examinations. Students’ experiences, including at the university level, have worsened since then.

    The decline has been driven by systemic and institutional problems in primary and secondary education, like reduced government spending, teachers’ poor working conditions, political interference and brain drain. This, coupled with the collapse of the formal economic sector and a sharp drop in formal employment opportunities, severely undermined education’s social mobility function.

    ‘A key, but no door to open’

    My recent article was based on my wider doctoral research. For this, I studied economic informalisation in Zimbabwe’s capital city, Harare. It involved more than 120 interviews during eight months of in-country research.

    This particular paper builds on seven core interviews with recent school and university graduates in the informal sector, as well as former student leaders.

    Winky D’s “Twenty Five” is about young Zimbabweans’ grievances.

    Some noted that education had lost part of its value as it related to one’s progression in society. As one of my respondents, Ashlegh Pfunye (former secretary-general of the Zimbabwe National Students Union), described it, young people were told that education was a key to success – but there was no door to open.

    Some of my respondents were working in the informal sector, as vendors and small-scale producers. Some could not use their degrees to secure jobs, while others gave up their dreams of obtaining a university degree. Lisa, for example, was very upset about giving up on her dream to pursue post-secondary education and tried to re-adjust to her current circumstances:

    I used to dream that I will have my own office, now I dream that one day I’ll have my own shop.

    Those who had university qualifications stressed that, despite being unable to apply their degrees in the current circumstances, they kept going to school and getting more certification. This prepared them for future opportunities in the event of what everyone hoped for: economic improvement.

    Historical tensions

    Some of my interviewees, especially recent university graduates and activists, were looking for possible solutions – like changing the curriculum and approach to education that trains workers rather than producers and entrepreneurs. As Makomborero Haruzivishe, former secretary-general of the Zimbabwe National Students’ Union, said: “Our educational system was created to train human robots who would follow the instructions.”

    Entrepreneurship education is a popular approach in many countries to changing the structure of classic education. In the absence of employment opportunities for skilled graduates, it is supposed to provide them with the tools to create such opportunities for themselves and others.




    Read more:
    Nigeria’s universities need to revamp their entrepreneurship courses — they’re not meeting student needs


    In 2018, the government introduced what it calls the education 5.0 framework. It has a strong entrepreneurship component. It’s too soon to say whether it will bear fruit. And it may be held back by history.

    For example, the introduction of the Education-with-Production model in the 1980s, which included practical subjects and vocational training, was met with resistance because it was seen as a return to the dual system.

    Because of Zimbabwe’s historically racialised education system, many students and parents favour the UK-designed Cambridge curriculum and traditional academic educational programmes. Zimbabwe has the highest number of entrants into the Cambridge International exam in Africa.

    Feeling let down

    The link between education and employment in Zimbabwe has many tensions: modernity and survival, academic pursuits and practicality, promises and reality. It’s clear from my study that graduates feel let down because the modernist promises of education have failed them.

    Parts of this research have been funded by the University of Oxford and the Leverhulme Trust (ECF-2022-055).

    ref. Education in Zimbabwe has lost its value: study asks young people how they feel about that – https://theconversation.com/education-in-zimbabwe-has-lost-its-value-study-asks-young-people-how-they-feel-about-that-244661

    MIL OSI – Global Reports