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Category: Economy

  • MIL-OSI China: Xi calls on Anhui to write its own chapter of Chinese modernization

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

    BEIJING, Oct. 19 — On a recent inspection tour in east China’s Anhui Province, Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president, and chairman of the Central Military Commission, emphasized the need for the province to further implement the guiding principles of the 20th CPC National Congress and the third plenary session of the 20th CPC Central Committee. He also stressed that the province should comprehensively implement the new development philosophy. He urged Anhui to leverage multiple national development strategies in its continued drive to establish itself as an important hub of sci-tech innovation, a center for emerging industries, a new frontier for reform and opening up, and a comprehensive green transformation zone for economic and social development. Xi called on Anhui to make further achievements in deepening its integration into the new pattern of development, promoting high-quality development, and building a beautiful Anhui in all respects, so as to write an Anhui chapter of Chinese modernization.

    From Oct. 17 to 18, accompanied by Liang Yanshun, secretary of the CPC Anhui Provincial Committee, and Anhui Governor Wang Qingxian, Xi conducted fact-finding missions in the cities of Anqing and Hefei, where he visited a number of sites, including a historical and cultural block and a sci-tech park.

    On the afternoon of Oct. 17, Xi first arrived in Tongcheng City, Anqing. The city’s Liuchi Alley, so called because Zhang Ying, a senior Qing Dynasty official, and his neighbor, the Wu family, both moved back their walls by a meter to resolve their disputes over property boundaries, stands as a model of harmonious and courteous neighbor relations in China. In the alley, Xi learned about the history of the site and its inheritance, viewed artifacts from the “Tongcheng School,” and learned about local efforts to carry on fine traditional Chinese culture and promote cultural and ethical development. He emphasized the need to strengthen the protection of historical and cultural heritage, adhere to the principle of creative transformation and innovative development, as well as work collaboratively to advance socialist culture, promote revolutionary traditions, and inherit fine traditional Chinese culture, laying a solid cultural foundation for social governance.

    As local residents and tourists gathered, Xi engaged warmly with them, stressing the need to resolve disputes between members of the public through mediation. He noted that Liuchi Alley exemplifies the ancestral wisdom of dispute resolution and should serve as an educational site for carrying forward traditional Chinese culture, and full play should be given to China’s traditional virtue of courtesy and modesty, so as to create a harmonious social environment where people can live and work in peace and happiness.

    Later, Xi visited Hefei Binhu Science City, where he viewed major technological innovations in the province and was briefed about what has been done there to innovate systems and mechanisms for scientific and technological development and application of scientific and technological advances, and engaged in discussions with researchers and corporate executives. Xi took a close look at high-tech products in the fields of intelligent connected vehicles, new-generation information technology, new energy, artificial intelligence, and health and life science. He stopped in front of each product, carefully observing them and expressing appreciation from time to time. He said science and technology should spearhead the advancement of Chinese modernization, and sci-tech innovation is an essential path to Chinese modernization. High-tech is not something that can be begged for or borrowed, Xi said, calling for accelerated efforts to achieve greater self-reliance and strength in science and technology. Noting that scientists and researchers are the backbone of advancing Chinese modernization, Xi called on them to seize every opportunity in life, unleash their innovative potential, contribute their wisdom and talent to building the country’s strength in science and technology and score remarkable achievements.

    On the morning of Oct. 18, Xi listened to work reports from the CPC Anhui Provincial Committee and the provincial government. He commended what the province has achieved in various areas of its work and put forward clear requirements for the work in the future.

    Xi emphasized the need to accelerate technological innovation and industrial transformation and upgrading. He called for efforts to build national laboratories and a comprehensive national science center in Hefei with high standards, to effectively leverage high-level scientific and technological innovation platforms. He required greater efforts in innovations regarding key generic technologies, cutting-edge frontier technologies, modern engineering technologies, and disruptive technologies. He also emphasized the importance of expanding international sci-tech exchanges and cooperation, and continuously boosting original innovation capabilities. Xi urged Anhui to establish supportive systems and mechanisms for innovation in all fields, promote the integrated reform of systems involving the development of education, science, technology, and talent in a coordinated manner, optimize financial policies and mechanisms that support sci-tech innovation, and promote the deep integration of the innovation chain, industrial chain, capital chain, and talent chain. He called for efforts to safeguard the foundation of the real economy, accelerate the transformation and upgrading of traditional industries, strengthen and expand strategic emerging industries, plan ahead and nurture future industries, develop new quality productive forces according to local conditions, and build advanced manufacturing clusters with international competitiveness. He called for coordinated efforts to promote carbon reduction, pollution control, afforestation, and economic growth, systematically advance ecological conservation and restoration, and ecological environmental governance, and improve capabilities for disaster prevention, reduction, and relief.

    Xi stressed the importance of advancing extended reform and high-level opening up. He called for bold steps to pursue innovative and differentiated reforms to create a new high ground for reform and opening up in inland areas. It is imperative to unswervingly consolidate and develop the public sector and unswervingly encourage, support, and guide the development of the non-public sector, fully stimulating the vitality of various business entities. It is essential to deepen the market-oriented reform of factors, creating a first-class business environment that is market-oriented, law-based, and internationalized. Xi noted the need to comprehensively expand opening up within the country and to the outside world, forming a comprehensive opening-up paradigm that establishes links between land and sea and between domestic and international markets, and promotes mutual assistance between eastern and western regions. With further integrated development of the Yangtze River Delta as the spearhead for driving coordinated regional development within the province, Xi called on the province to play a bigger role in the strategy for the development of the Yangtze River Economic Belt and the rise of the central region. Anhui should also take an active part in high-quality cooperation under the Belt and Road Initiative, take solid steps to step up reforms to integrate domestic and foreign trade, intensify efforts to attract foreign investment and stabilize its flows, and speed up fostering new growth drivers in foreign trade.

    Xi called for efforts to develop a new paradigm for integrated urban-rural development. It is imperative for Anhui to build modern grain industrial, production and management systems, take solid steps to develop high-standard cropland, develop the Yangtze-Huaihe Valley into a granary, and firmly shoulder the responsibility of ensuring adequate supply of grain. It is essential for the province to deliver good results in the trial extension of rural land contracts by another 30 years upon the expiration of the second-round contracts, and improve the supportive policies for strengthening agriculture, benefiting farmers and bringing prosperity to them, so as to motivate farmers to grow crops. Xi called for intensified efforts to grow local special and green agricultural products, upgrade the industries that benefit people in rural areas, improve the overall benefits of the agricultural sector, and strengthen new rural collective economies. It is imperative to further improve the living environment in rural areas to build beautiful villages. Xi called for strengthened efforts to promote urbanization with a focus on county seats and expand the county economy. He noted the need to boost employment for key target groups, and improve policies for regular assistance to low-income rural residents, thus preventing them from lapsing or relapsing into poverty in large numbers. He underscored the importance of extending the coverage of such services as education, medical care, pension, social security and public culture to rural areas. According to Xi, it is imperative to further guide community-level governance through Party building, and improve efficacy in this regard by applying and developing the “Fengqiao model” in the new era.

    Xi emphasized the necessity to further promote the integrated development of culture and tourism, develop integrated tourism, and build the cultural tourism sector into a pillar industry. He urged efforts to explore and utilize the educational function and tourism value of revolutionary cultural resources. He called for the conservation, inheritance and utilization of traditional villages and traditional architecture, as well as the promotion of creative transformation and innovative development of fine traditional culture. Xi also urged the promotion of extensive public participation activities for cultural and ethical progress, as well as the transformation of outmoded habits and customs, under the guidance of core socialist values. It is imperative to deepen the reform of the cultural system, optimize cultural industries and market, and create more high-quality cultural products, Xi said.

    Xi pointed out that it is necessary to unwaveringly uphold the Party’s leadership and strengthen Party building. He called for efforts to regularize Party discipline study and education, and guide Party members and officials to truly turn discipline rules into political, ideological, and action consciousness. He urged efforts to implement “three distinctions (namely the distinctions between errors caused by lack of experience in pilot reforms and deliberate violations of discipline and law; between errors made in conducting experiments that are not explicitly restricted by higher-level authorities and arbitrary violations of discipline and law in the face of higher-level authorities’ explicit prohibition; and between unwitting errors made in pursuing development and violations of discipline and law for personal gains),” to fully mobilize the enthusiasm, initiative, and creativity of Party members and officials in their work and endeavors. He called for efforts to solve problems concerning officials’ malfeasance, inaction, lack of courage to perform their duties, and incompetence. It is imperative to optimize the systems and mechanisms for preventing pointless formalities and bureaucratism to ease the burdens on the grassroots. He called for continued endeavors to improve conduct, tighten discipline, and fight against corruption, so as to consolidate and develop a good political ecology.

    Xi stressed the necessity to do a good job in the economic work of the fourth quarter, to conscientiously implement the policies and arrangements of the CPC Central Committee, and strive to achieve the economic and social development objectives for the whole year.

    He Lifeng and leading officials of relevant central Party and state departments accompanied Xi during the inspection tour.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI China: Symposium held in Islamabad on China-Pakistan cooperation to drive modernization

    Source: China State Council Information Office

    Khalid Mahmood (C), chairman of the Institute of Strategic Studies Islamabad (ISSI) Board of Governors, speaks at the Hong Ting Forum held in Islamabad, Pakistan, Oct. 18, 2024. The Hong Ting Forum themed “Understanding China-Pakistan All-Weather Strategic Cooperative Partnership and Chinese-style Modernization Development Path” has been held in Pakistan’s federal capital city of Islamabad. The symposium held on Friday drew about 100 participants, including diplomats, scholars, and media representatives. It was co-convened by Xinhua News Agency and the Institute of Strategic Studies Islamabad (ISSI), an Islamabad-based think tank. (Xinhua/Ahmad Kamal)

    The Hong Ting Forum themed “Understanding China-Pakistan All-Weather Strategic Cooperative Partnership and Chinese-style Modernization Development Path” has been held in Pakistan’s federal capital city of Islamabad.

    The symposium held on Friday drew about 100 participants, including diplomats, scholars, and media representatives. It was co-convened by Xinhua News Agency and the Institute of Strategic Studies Islamabad (ISSI), an Islamabad-based think tank.

    Speaking at the event, Shi Yuanqiang, minister of Chinese Embassy in Pakistan, said that China is ready to share development opportunities with the rest of the world.

    “China and Pakistan are good neighbors and all-weather strategic cooperative partners, and mutually beneficial cooperation benefits both countries,” he added.

    Masood Khalid, former Pakistani ambassador to China, said the third plenary session of the 20th Communist Party of China Central Committee has adopted a grand strategic blueprint for Chinese-style modernization.

    “Pakistan greatly value our time-tested relationship with China, and both countries are tied in a relationship which is unbreakable,” Khalid said, adding that Pakistan should learn from the development model of Chinese-style modernization to embark on the path of self-reliance and better benefit both nations and regional development.

    Mudassar Iqbal, deputy director of Associated Press of Pakistan, said that China’s approach to modernization is not only benefiting its own people but also contributing to global development.

    “The ironclad friendship between Pakistan and China will enable the two countries to stand and move forward side by side and forge a future of shared prosperity and unshakable friendship,” he added.

    Hassan Daud Butt, senior advisor at the China Study Center of the Sustainable Development Policy Institute, an Islamabad-based think tank, said that Pakistan should fully utilize the China-Pakistan Economic Corridor (CPEC) to expand cooperation with China in various fields such as industry, agriculture, science and technology, digital economy, green energy and technological innovation.

    On the occasion, Khalid Mahmood, chairman of the ISSI Board of Governors, said efforts should be stepped up by the media and think tanks of Pakistan and China to contribute to deepening the all-weather strategic cooperative partnership between the two countries. 

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI China: Chinese company begins construction of crucial Neno-Ligowe road in Malawi

    Source: China State Council Information Office

    A Chinese company, together with local officials, on Friday announced the commencement of the Neno-Ligowe road construction in Ligowe Village of Neno, one of Malawi’s isolated districts.

    Neno, a border district with Mozambique in southern Malawi, is known for its mountainous terrain and poor roads, which become impassable during the rainy season.

    According to Neno District Council Official Brightone Mphinga, the Neno-Ligowe road, a 20 km stretch, is vital for the people of Neno as it will not only facilitate the transportation of people and goods, especially farm produce, but also improve access to health and education services in the area.

    Mphinga told Xinhua that the arrival of China Railway 20th Bureau Group Corporation Limited (CR20) to announce the start of the project is an assurance that the long-awaited road will soon be realized.

    He said that the poor condition of the road has long deprived the people of Neno of essential services, including healthcare and education.

    “This is a crucial project for us, and we are very grateful. We want to assure the CR20 company that the District Commissioner’s office, along with all government offices and local communities, will work together to provide all necessary support until the project is completed,” Mphinga said.

    Chief Mlauli, the area’s highest traditional authority, echoed Mphinga’s sentiments, pledging continued community support to ensure smooth progress. He said that the road’s completion will significantly boost the local economy, making it easier and more affordable for farmers to transport crops such as Irish potatoes, cowpeas, tangerines and oranges to market.

    CR20 Project Manager Deng Jing reassured the people of Neno that the company will deliver a high-quality, durable road within the 18-month contract period. He also called for support from local authorities and the community to ensure the project’s success.

    CR20 has already mobilized more than 10 dump trucks and excavators at the site, with nearly 100 Chinese and Malawian workers ready to begin construction.

    The Neno-Ligowe Road project involves upgrading the existing dirt road, which is often impassable, to a 9.5-meter-wide asphalt-paved route. The road is critical for transportation and socio-economic development in the region, connecting Mwanza, a major border post, to Ntcheu, a commercial hub for farm produce in central Malawi.

    Since 2018, CR20 has implemented several projects in Malawi, contributing to local capacity building through employment for over 5,000 Malawians, as well as training and mentorship programs. 

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI New Zealand: Anniversary of Equal Pay Act shows we have more to do

    Source: New Zealand Government

    The anniversary of the Equal Pay Act is a reminder that we still have work to do to achieve equality for women across this country, Minister for Women Nicola Grigg says.

    “Today marks the anniversary of the Equal Pay Act that was introduced in 1972. Over the past few decades, pay equity in New Zealand has improved, but women are still paid on average 8.2 per cent less than men.

    “While we have made significant progress, there is still work to do and we must continue to keep the pressure on this issue. My ambitions for the future are that there would be no pay gap in the public and private sector, and that is what we should all work towards.

    “Recent data shows that, at 6.1 per cent, the public service gender pay gap is the lowest it has ever been, and has halved since 2018. Across New Zealand the pay gap is trending downwards but while this is a wonderful achievement, we cannot be complacent.

    “It requires continuous efforts across the public and private sector to ensure that we can continue to see results. This can be achieved by supporting women into leadership, lifting incomes, and providing businesses with the tools to calculate, understand and address their gender pay gaps. 

    “In June our Government announced that we are developing a pay gap calculation tool in partnership with business so that there is a consistent method for businesses to calculate their pay gaps and take steps to address them. 

    “Groups like the Global Women and Champions for Change are proving the benefits of promoting women in leadership and addressing pay gaps, including better financial performance and decision making. This work continues to be supported by the Ministry for Women. 

    “I am excited to say that we will have an announcement on the pay gap calculation tool in the coming weeks.

    “We know that gender pay gaps are complex, nuanced – and stubborn – which is why bringing sunlight to the issue is essential to creating meaningful and sustainable change. As calculating pay gaps will not fix the issue in silo, our Government is also focused on growing the economy and providing women more choice and freedom in their careers through schemes like FamilyBoost and raising parental leave by 6 per cent.

    “Women deserve to be paid fairly and to be supported to succeed, and we are doing everything we can to ensure this happens,” Ms Grigg says.

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI USA: Remarks by Vice President Harris at a Campaign Event | Lansing,  MI

    US Senate News:

    Source: The White House
    UAW Local 652Lansing, Michigan
    5:31 P.M. EDT
    THE VICE PRESIDENT:  Hey, everybody.  Hey.  (Applause.)  Hey, everyone.  Good afternoon.  Good afternoon, everyone.
    Oh, it’s good to be in the house of labor.  Good afternoon.  (Applause.)  Good afternoon.
    Ben, I want to thank you for your leadership.  I just said to him, I mean, what a leader he is.  You know, I just — first of all, it’s so good to be in the house of labor, and it’s so good to be with people who understand the dignity of work and fight for it every day.  And it’s not an easy fight, but it’s a good fight.
    And I thank you for all that you do, Ben, and everybody who is here.  Thank you.  (Applause.)  Thank you.  Thank you.  Thank you. 
    So, it’s wonderful to be back in Michigan and to be with so many incredible leaders, including, of course, Representative Slotkin.  Where is she?  She’s — there you are.  (Applause.)  Who we must elect to the United States Senate.  (Applause.)  And we will.  I’m counting on that.
    State Senator Hertel, let’s send him to the United States House of Representatives.  (Applause.)  There you are.
    And a special thanks to the brothers and sisters of United Auto Workers.  Thank you for all that you are, all that you do, and the warm welcome.  (Applause.) 
    And, of course, for generations in Lansing and across our country, union members have helped lead the fight for fair pay, better benefits, and safe working conditions, and every person in our nation has benefited from your work. 
    You know, everywhere I go, I tell people, you may not be a union member, but you better thank unions — (applause) — for the five-day work week, for sick leave, for paid family leave and vacation time, because we are all clear: Collective bargaining benefits our entire nation — our entire nation.  (Applause.) 
    Because here’s the deal.  When union wages go up, everybody’s wages go up.  When union workplaces are safer, everyone’s workplace is safer.  So, thank a union.  (Applause.)  Thank a union. 
    And the bottom line is when unions are strong, America is strong.  Unions have always fought to make our nation more equal, more fair, and more free.  And in this election, everything we have fought for, for years in this movement — in this movement, for unions and for labor, is on the line. 
    And I’m about to talk about it in real terms because we always have real talk with each other, and your members can afford nothing less, which has been why I appreciate your leadership. 
    This election is about two very different visions for our nation: one that’s trying to take us backward — him — and ours that is about moving forward and about the future.  (Applause.)  We fight — we fight for a future where we protect the freedom to organize, where we understand the importance of collective bargaining. 
    You know, I sometimes say to young people — and, by the way, have you noticed how, when you look at the polling, younger workers coming into the workforce, they get it and they understand the power and the nobility of unions. 
    And I always say to people, look, here’s the thing about collective bargaining.  Everybody should want that, when there’s a negotiation, the outcome would be fair.  Right?  Who’s going to argue with that?  Everybody should want that — that there will be a fair outcome in a negotiation. 
    All right.  So, if we start from there — we’re all reasonable people — then let’s think about it.  If you’re talking about the worker, the one worker trying to negotiate against the corporation, is that outcome going to be fair? 
         AUDIENCE MEMBERS:  No.
    THE VICE PRESIDENT:  No.  The disparity in power is too great.  So, collective bargaining, it’s a simple, simple and important point.  You let the workers organize so that the collective, together, who have the same concerns, the same issues, can be banded together to have equal power in a negotiation, because the whole point is the outcome of the negotiation should be fair.  That’s what collective bargaining is about.  That’s what unions are about.  (Applause.)
    It’s about basic fairness, and it’s about the dignity of work, understanding all workers deserve to be treated with dignity and respect.  That’s what we’re talking about when we talk about this movement and the strength of the movement and the importance of keeping it going. 
    We talk about, then, our knowledge about the importance of building a future where we tap into the ambition of the American people, where we build what I call an “opportunity economy” — right? — so every American has an opportunity to own a home, to buy a car, to build wealth, to start a business.
    And I will always — it is my pledge to you — put the middle class and working people first.  I come from the middle class, and I will never forget where I come from.  (Applause.)  I will never forget where I come from.  I know where I come from.
    Hard work is good work.  Hard work is good work and must receive the value to which it is due, which means understanding the value of the worker.  (Applause.) 
    And we know we cannot have a strong middle class without American manufacturing.  Over the last three and a half years, we brought manufacturing back to America, creating 730,000 manufacturing jobs — (applause) — with your help — with your help.  We announced the opening of more than 20 new auto plants in the United States, and we did it by investing in American industry and American workers.  (Applause.)
    And I will make sure America, not China, wins the competition for the 21st century.  (Applause.) 
    So, under my plan, it’s about investing in the industries that built America, like steel, iron, the great American auto industry.  And we will ensure that the next generation of breakthroughs, from advanced batteries to electric vehicles, are not just invented but built right here in America by American union workers.  (Applause.)  Because it is they and you who have proven how to get the job done.  (Applause.)
    And as part of that vision, we will invest in manufacturing communities like Lansing.  We will retool existing factories, hire locally, and work with unions to create good-paying jobs, including, by the way, jobs that do not require a college degree. 
    And I’mma tell you why.  And I’mma tell you why, because I’m really clear that a college degree is not the only measure of the skills and experience of the qualified worker, and we need to understand — (applause) — we need to understand that. 
    In fact, it is my pledge that, as president, I’m going to do a critical assessment of federal jobs to look at those that don’t require a college degree so we can start talking about good jobs based on the skill and experience of the worker and not random measures of who can do what.  And I plan on, then, challenging the private sector to do the same.  (Applause.)
    And we will importantly protect the pensions of union workers and retirees.  (Applause.)  Again, it’s about the dignity of work, which includes the dignity of retirement.  After a lifetime of working hard, let’s talk about the dignity of retirement, the dignity of aging. 
    And that’s why, as attorney general, I sued the big banks to return hundreds of millions of dollars to workers and their families after their pensions were mismanaged.  This is not new to me.  I’ve done that work. 
    As a United States senator, I pushed for legislation to rescue workers’ pensions without cutting the benefits that workers had earned. 
    And, as vice president, I worked alongside then-Secretary of Labor Marty Walsh, and we, for a year, worked on what we needed to do with the federal workforce, which was in our direct power, to increase the ability for collective bargaining and to ensure that they have all the resources they need to grow in terms of organizing. 
    As vice president, I also helped to do the long overdue work to protect the pensions of more than 1 million union members.  And yesterday, I announced the protection of the full earned pension benefits of more than 22,500 union workers and retirees in Michigan under the Detroit Carpenters’ Pension Fund.  (Applause.) 
    Because, again, just to put a fine point on it, when it comes to your pension or Social Security or Medicare, these are retirement benefits you have earned.  This is not about a giveaway.  You’ve earned it.  And it must be protected, and it must be respected — after decades of hard work, that you receive it.  And honoring these benefits must be an ironclad commitment.  (Applause.)
    Now — now let’s talk about, you know, the guy on the other side.  Let’s talk about Donald Trump for a minute.  Shall we?  So —
         AUDIENCE MEMBER:  Booo —
    THE VICE PRESIDENT:  And because he has a very different view.  Now, in all seriousness, he has a very different view of workers, of hard work, of the dignity of work.  You guys — we know it.  We know it. 
    He tries to, you know, do his rhetorical thing at — at rallies like he understands what it means to earn a living.  No, you understand what I’m saying.  He pretends that he understands workers and the hard work and the battle workers face every day to get their due wages and benefits. 
    Well, we’re not falling for the okey-doke, because we know — we know what he has said, and we know what he has done.  (Applause.)  He who called Social Security a Ponzi scheme.  He called it a Ponzi scheme.  He recommended we raise the retirement age to 70.  Can you imagine, if you are required to work to 70?  He who intends to cut Social Security and Medicare?
    You know, we know how many people — their only source of income is their social security check.  Talk about — right? — is the value about dignity in retirement, dignity in aging.  And remember, he was the only one — he said he was going to be the only one who could bring back America’s manufacturing jobs.  You know how he talks.  (Deepens voice.)  “I’m the only one,” right?  (Laughter.)  You know how he talks.  (Laughter and applause.) 
    And then, because we’re too busy watching what he’s doing to hear what he’s saying, we know America lost nearly 200,000 manufacturing jobs when he was president — okay? — including tens of thousands of jobs right here in Michigan.  And those losses, we know and we’ll note, started before the pandemic — okay? — making Donald Trump one of the biggest —
         AUDIENCE:  Losers!
    THE VICE PRESIDENT:  — losers of manufacturing jobs in American history. 
    And his track record for the auto industry was a disaster.  He promised workers in Warren that the auto industry would — I’m going to quote — “not lose one plant” under his presidency.  Then American automakers announced the closure of six auto plants when he was president, including General Motors in Warren and Stellantis in Detroit.  Thousands of Michigan autoworkers lost their jobs.
    And if he wins again, we can expect there would be more of the same, because we know what he has done.  And we know that we’re going to focus on the work, not the words, when it comes to Donald Trump, and we know where he took us the last time.
     And check this out.  Donald Trump’s current running mate — because you know the job was open, right?  (Laughter.)  You know, like, when people go for an interview — especially the young people, they’ll go for an interview, and they’ll sit down and they’re in the interview, and they’ll say, “Why is the job open?”  (Laughter.)  Well, we know why that job was open.  (Laughter.)
    So, Donald Trump’s running mate recently suggested that if they win, they would threaten the Grand River Assembly plant right here in Lansing —
         AUDIENCE:  Booo —
    THE VICE PRESIDENT:  — the same plant that, with your help, our administration protected earlier this year, saving 650 union jobs.  (Applause.)  Right? 
    And I do believe some of the union workers from Grand River are here with us today.  So, you know what I’m ta- — (applause) — so, you know I’m talking about.  You know what I’m talking about.  And Trump’s running mate called your jobs “table scraps,” right?
    So, let me just say — needless to say — I will always have your back — (applause) — and will keep fighting to make sure that you keep your jobs right here in Lansing and keep these most noble and important jobs for America’s strength.  That’s the work you all do. 
    You know, Donald Trump, he also promised that he was going to stop offshoring.  Remember that?  Then he cut taxes for corporations that shipped 200,000 jobs overseas during his presidency — cut the taxes for those corporations — okay? — and awarded nearly half a trillion dollars in federal contracts to companies that were offshoring jobs.  Okay?  Follow the money.
    He gave your tax dollars to companies that were sending your jobs overseas.  And we got to get the word out to all of the brothers and sisters in labor to remind them of what this dude does — right? — what he actually does.  (Applause.)
    Because, make no mistake, Donald Trump is no friend to labor. 
         AUDIENCE:  No!
    THE VICE PRESIDENT:  He is no friend to labor, and we’ve got to listen to what he says.  Know that — you know that famous saying: Listen when people tell you who they are. 
    In fact, can we roll the clip?  (Laughter.)  Let’s see.  There we —
    (A video clip is played.)
         AUDIENCE:  Booo —
    THE VICE PRESIDENT:  Right?  Right.  Right.
     So, of course, that last bit, he was talking about Shawn Fain, who — who represents nearly a million active and retired autoworkers.  Okay?  So, that’s about a million autoworkers, active and retired. 
     Donald Trump — listen to his words: He’s saying that autoworkers are essentially engaged in child’s play, that children could do it.  Listen to what he says. 
    I’m telling you, he — you know, he’s got his club, and I’m going to tell you, union workers are not part of his club.  Let’s be clear about that.  No matter what he does at his rallies, let’s be clear about that, right?
    He thinks that the value of your work is essentially meaningless.  That’s what he’s saying, to compare it to child’s work? 
    When we here know the work you do is complex.  You do it with great care.  You work hard.  You are highly skilled.  You are highly trained.  And the best autoworkers in the world is who you are — the best in the world — (applause) — the best in the world.
     And the fact is, Donald Trump’s comments are the talk of someone who has had everything handed to him. 
    AUDIENCE MEMBER:  That’s exactly right.
    THE VICE PRESIDENT:  I know it’s right.  (Laughter.)  It is — I know.  It is. 
    This man, you know, who never had to work a job that came with calloused hands or an hourly wage — right? — someone who got handed $400 million on a silver platter and did what with it?  Filed bankruptcy six times.  (Applause.)  Come on.  Come on. 
    He will never understand the life of a United Auto Worker — he will never understand that — people who work hard for everything they have, who take great pride in a job well done, who understand what it represents to their family and the future of their family.  Again, I go back to the dignity of hard work. 
    So, let us be clear.  Donald Trump’s insults to American workers is not exclusive to that video.  Okay?  So, that was just a moment.  Kind of think of it as the commercial break in my speech.  (Laughter.)
    But his comments are not only that, because Donald Trump has been a union buster his entire career.  He has called union leaders, quote, “Dues Sucking” people.  Okay?  He said that he supports so-called right-to-work laws, quote, “100 percent.”  Okay?  He bragged and joked with a billionaire buddy about mass firing striking workers and lowered labor standards and made it easier for companies that break the laws to get federal contracts. 
    Donald Trump encouraged automakers of Michigan so they could pay their workers less — encouraged them to move so they could pay their workers less.  Okay?  And when the UAW went on strike to demand the higher wages you deserve, Donald Trump went to a nonunion shop and attacked the UAW.  He said striking and collective bargaining don’t make, and I’m going to quote, “a damn bit of difference.” 
    So, here’s the bottom line, Donald Trump’s track record is a disaster for working people.  And he is, I believe, an existential threat to America’s labor movement.  And everything he intends to do, if he is reelected, is also spelled out in that Project 2025. 
    So, to read it and to know it is to know he intends to launch a full-on attack on unions and the freedom to organize.  Okay?  He will ban public-sector unions, roll back workplace safety protections.  Read it when you have some time.  Google it, everybody who’s watching.  Look, mak- — he will make it easier for companies to deny overtime pay for workers and appoint a union buster to run the Department of Labor.  Be sure of that.  Be sure of that. 
    So, to all the friends here, I say what you already know.  It’s time to turn the page.  (Applause.)  Let’s just turn the page.  (Applause.)  Turn the page.  (Laughs.)  Because America is ready to chart a new way forward, and we are not —
         AUDIENCE:  Going back!
    THE VICE PRESIDENT:  — going back.  We are not going back.  (Applause.)
    AUDIENCE:  We’re not going back!  We’re not going back!  We’re not going back!
    THE VICE PRESIDENT:  No, we are not going back.  We’re not going back.  We’re not going back.
    AUDIENCE:  We’re not going back!  We’re not going back!  We’re not going back!
    THE VICE PRESIDENT:  We’re not going back because, as UAW always does, we are going to push forward.  We are going to push forward. 
    And it all comes down to this.  Look, you all have taken time out of your busy lives to be here this afternoon, and we are all here together because we know the stakes in this election are so high. 
    We are all here together because we love our country.  (Applause.)  We love our country.  And I do believe it is one of the highest forms of patriotism, the expression of the love of our country, to fight for our ideals.  And that’s what this is about. 
    This is not, at the end of the day, a fight against something; this is a fight for something.  (Applause.)  This is a fight for something, including the fight to realize the promise of America.  After all, that’s what unions have always done.  It’s about understanding the promise of America, which has to include the promise that we should make to the workers of America.
     So, we have 18 days to get this done.  It’s not a lot of time.  Okay?  And we know this is going to be a tight race until the very end.  We are the underdog.  But make no mistake, we will win.  (Applause.)  We will win.  We will win.  We will win, I’m telling you.
    It’s going to be hard work, but we like hard work.  Hard work is good work.  (Applause.) 
    And ultimately, we will win because we know what we stand for.  (Applause.)  And when you know what you stand for, you know what to fight for.  (Applause.)  Right?We stand for opportunity.  We stand for dignity.  And we stand for the future.  (Applause.)
    And so, I’ll close by saying, and when we fight —
         AUDIENCE:  We win!
    THE VICE PRESIDENT:  — we win.
     God bless you.  God bless America.  (Applause.)
                                   END                 5:57 P.M. EDT

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI Global: More than money: The geopolitics behind Saudi Arabia’s sports strategy

    Source: The Conversation – Canada – By Aaron Ettinger, Associate Professor, International Relations, Carleton University

    There’s a saying in sports journalism: “The answer to all your questions is money.” But in the case of Saudi Arabia’s massive sports investment programs during the reign of Crown Prince Mohammed Bin Salman, money is not the whole story.

    In a simple sense, there is a clear profit motive. With US$925 billion in assets in 2023, Saudi Arabia’s sovereign wealth fund exists to convert oil revenues into even greater national income.

    Last year, the country’s Public Investment Fund reported $36.8 billion in profits. Since 2016, it has spent $51 billion on sports properties.

    The point is not to turn bin Salman into the world’s greatest sports impresario. Rather, it’s that he’s seeking to improve the economic and geopolitical situation of Saudi Arabia through sports investments while ensuring the long-term survival of the Saudi regime.

    Beyond Newcastle United, LIV Golf

    Investing in sports is a common way for developing countries to announce their arrival on the global stage. Instead of one-and-done mega events, Saudi Arabia is pursuing a more dispersed and diverse approach.

    The Public Investment Fund’s highest profile investments are well known, especially the 2021 purchase of Newcastle United of the English Premier League and the LIV golf tour that challenged the PGA’s decades-long dominance of the sport.

    Beyond golf and soccer, Saudi Arabia has also spent dizzying sums on lower profile investments in esports, wrestling and motorsports. In other games, like chess and snooker, the profit motive is less clear.

    The logical conclusion is that Saudi Arabia treats its sports investments as a loss leader — an unprofitable activity meant to stimulate more profitable activity somewhere else. In the words of Public Investment Fund’s 2022 annual report, international investment pools “allow Saudi Arabia to extend its global reach and influence.”

    But what does that really mean?

    ‘Sportswashing’

    The conventional term for Saudi Arabia’s strategy is sportswashing, the practice of reputation-laundering in the hopes that a cleaner national image will translate into soft power on the world stage.




    Read more:
    Sportswashing is just about everywhere – but it may be backfiring on the countries that do it


    But that explanation doesn’t go far enough. For bin Salman, the suite of sports investments and properties is only a small part of a larger strategy to prepare Saudi Arabia for a 21st century when global oil demand is expected to fall by mid-century and geopolitics will become more complicated.

    This is no secret: Saudi Arabia’s official grand strategy — Vision 2030 — envisions the complete modernization of the country’s economy and foreign policy. Saudi Arabia’s sports diplomacy is therefore part of a broader geopolitical strategy to prepare Saudi Arabia for an era of multipolarity, when power is distributed among several states.

    Sports diplomacy also normalizes western financial and political engagement with the Saudi regime. Internationally, bin Salman wants to cultivate economic and security relationships with entities whose interests align with those of the Saudi royal family and the Saudi state, thereby ensuring the long-term health of both.

    Regular interactions between Saudi Arabia and the West create an understanding that Riyadh is a “normal” place to do business — and if it’s good business, there is no reason to risk the relationship with too much rancour over its authoritarianism and abysmal human rights record. Sports investing, in short, is a Saudi hedge against western abandonment.

    The allure of the big payday

    To western eyes, the most troubling implication of Saudi sports investment is the normalization of authoritarian capitalism — economic freedom without political freedom — as a feature of the emerging international order.

    Along with China, Russia, Singapore and others, Saudi Arabia represents an alternative to western democratic capitalism as a pathway to development.

    This would be surprising to a previous generation of scholars and policymakers who once thought that free markets and free societies were a self-reinforcing phenomenon.

    But given the staying power of authoritarian capitalism, doing business with dictators and strongmen has become inevitable and even desirable in some cases. In the sports world, few have resisted the charms of a huge payday.

    Closely related to authoritarian capitalism is democratic backsliding. Around the world, the quality of democracy and freedom is eroding, and the slow-drip normalization of economic intercourse with authoritarian capitalists is part of that erosion.




    Read more:
    Could the world’s autocrats successfully plot to defeat the West?


    How to proceed?

    So can anything be done? Western states have options, but they’re limited.

    After all, Saudi Arabia’s investments are legal and eagerly sought after by both private and public sectors.

    Western officials can put up resistance to the awarding of mega events to authoritarian states. But mewling about problematic hosts means little unless liberal democracies are prepared to pay the hosting costs themselves, which they are increasingly unwilling to do.

    Meanwhile, authoritarians are eager to host mega events and attract the prestige that comes with them. Currently, for example, Saudi Arabia is the sole bidder for the 2034 FIFA World Cup.

    Countries could try regulatory intervention to delimit the extent of Saudi influence. National security is often used as a pretext for blocking foreign investments in strategically important sectors, like ports and 5G wireless networks.

    Saudi plan is working

    But golf and video games do not rise to the level of national security concern, so American regulators are unlikely to step in. Political intervention from the United States Congress or the White House is even less likely. Saudi Arabia is a key part of the American strategy on the Middle East to confront Iran, and quibbling too intensely about human rights or sports investment is not worth the strategic costs.

    The genius of Saudi Arabia’s enterprise is that it’s power projection by consent. Investors and fans want what bin Salman is selling, governments have limited recourse and critics are left to grasp at standard, out-dated arguments.

    For Saudi Arabia, however, its sports charm offensive is about more than money. It’s about an investment in the future prosperity and security of the kingdom and the longevity of the Saudi dynasty. So far, the plan is working.

    Aaron Ettinger 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. More than money: The geopolitics behind Saudi Arabia’s sports strategy – https://theconversation.com/more-than-money-the-geopolitics-behind-saudi-arabias-sports-strategy-240512

    MIL OSI – Global Reports –

    January 24, 2025
  • MIL-OSI Canada: Statement by the Prime Minister on Small Business Week

    Source: Government of Canada – Prime Minister

    The Prime Minister, Justin Trudeau, today issued the following statement on Small Business Week, which runs from October 20 to 26, 2024:

    “There are more than a million small and medium-sized businesses across Canada. Mom-and-pop shops. Start-ups. Brick-and-mortar stores that have served their communities generation after generation.

    “Small businesses create jobs, grow our economy, and make Canada stronger. We’re making sure they have the supports they need to succeed.

    “We enhanced the Canada Small Business Financing Program to help them scale-up. We’re delivering over $2.5 billion to an estimated 600,000 Canadian businesses through the new Canada Carbon Rebate for Small Businesses. As of yesterday, some credit card fees have been reduced by up to 27 per cent – saving small businesses $1 billion over the next five years. With initiatives like the Women Entrepreneurship Strategy, the Black Entrepreneurship Program, the Indigenous Growth Fund, and the 2SLGBTQI+ Entrepreneurship Program, we’re growing an inclusive and innovative small business economy. In short, we’re reducing fees for small businesses, putting more money in their pockets, and making sure more entrepreneurs can start their business sooner. And there’s a lot more work to be done.

    “From local cafés to independent bookstores, small businesses represent the limitless potential of Canada. They might be called small businesses, but they’re anything but small. To the owners, entrepreneurs, and workers behind them: Thank you.

    “This week, we’re celebrating you and your hard work.”

    MIL OSI Canada News –

    January 24, 2025
  • MIL-OSI Australia: Opinion piece: Data-driven decisions: the case for randomised policy trials

    Source: Australian Treasurer

    In medicine, randomised trials are commonly used for evaluating effectiveness. When a new pharmaceutical is being tested, half the recipients will get the true treatment, while half will get a placebo. By tossing a coin to decide whether a person gets the treatment or the placebo, we can be confident that any observed differences are due to the real effect of the drug.

    Increasingly, randomised trials are being used by governments and businesses too. Randomised trials of policing strategies have shown that hot spots policing reduces crime. A randomised trial found that when people in India were given a financial incentive to get their licence earlier, they were more likely to bribe the tester. A randomised trial in Mexico found that road upgrades boost property prices and reduce poverty. A randomised trial with airline pilots found that providing feedback on fuel use led captains to be more economical, saving the airline a million litres of fuel.

    Yet by comparison with health, the uptake of randomised trials in social sciences remains modest. From the 1990s to the 2020s, the number of randomised trials in health has exploded from 10,000 to almost 250,000. Yet over the same period, the number of randomised trials in the social sciences has risen from a few thousand to less than 20,000. For every randomised trial in the social sciences, there are around 10 randomised trials in health.

    This is all the more startling given the breadth of the social sciences, covering education, crime, employment, homelessness and political engagement. In budgetary terms, governments spend much more on those areas than on health alone. Yet in terms of randomised trials, health remains far further ahead.

    In Australia, a study from the think tank CEDA examined a sample of 20 Australian Government programs conducted between 2015 and 2022. The programs had a total expenditure of over $200 billion. CEDA found that 95 per cent were not properly evaluated. CEDA’s analysis of analysis of state and territory government evaluations reported similar results. Across the board, CEDA estimates that fewer than 1.5 per cent of Australian Government evaluations use a randomised design.

    The relatively small number of randomised trials of social programs is particularly troubling given what the evidence tells us about the programs that are rigorously evaluated. In health, only one in 10 drugs that look promising in the laboratory make it through Phase I, II and III clinical trials and onto the market. In education, an analysis of randomised trials commissioned by the US Department of Education’s Institute of Education Sciences found that only one in 10 produced positive effects. Google estimates that just one in 5 of their randomised trials help them improve the product.

    This suggests that the best approach in business and government is what US President Franklin D. Roosevelt once called ‘bold, persistent experimentation’. If many promising policies do not work as well as intended, then rigorous evaluation is essential to building a cycle of continuous improvement. Rigorous evaluation guarantees that government policies in a decade’s time will be more effective than they are today. A failure to evaluate runs the risk that we will unwittingly repeat our mistakes. Evaluation puts us in a virtuous feedback loop. Without it, we can end up in a doom loop.

    How can governments and companies encourage more rigorous evaluation? There are 5 approaches that can promote more high‑quality evaluations, especially randomised trials.

    First, encourage curiosity. Employees quickly come to understand the culture of an organisation. When managers make clear that they value new insights, they give permission for everyone in the organisation to question accepted wisdom and gather better evidence, an approach famously dubbed ‘Test‑Learn‑Adapt’.

    Second, aim for simplicity. People charged with sending out letters, emails or text messages should have the functionality to send 2 versions, so they can continuously improve the language and messaging of their correspondence. This kind of A/B testing has been standard for market research companies for decades, yet remains rare elsewhere. Another initiative is grant rounds to fund low‑cost randomised trials. In 2024, the Paul Ramsay Foundation, Australia’s largest charitable foundation, issued a call for proposals for 7 projects of up to $300,000 to be randomly evaluated.

    Third, subject trials to ethical scrutiny. This isn’t just the right thing to do; it’s also important for creating an environment in which further trials can be conducted. Ethical scrutiny ensures that the interests of vulnerable people are considered, and that the trial can be expected to improve overall wellbeing.

    Fourth, create institutions that promote high‑quality evaluation. In 2023, the Australian Government established the Australian Centre for Evaluation. Located within Treasury, the centre has a budget of around $2 million per year, and a staff of around a dozen people. Its mandate is to ‘put evaluation evidence at the heart of policy design and decision‑making’. The main goal of the centre is to work collaboratively with government departments to conduct rigorous evaluations, especially randomised trials.

    Fifth, think internationally. A few years ago, when researching my book Randomistas, I met with a kidney health researcher whose work involved running large‑scale randomised trials. He told me that he no longer worked on single‑country trials. Multi‑country trials, he told me, provided an inbuilt replication function, and greater assurance that interventions worked across people of different ethnicities. In policymaking, Australia could collaborate with other advanced English‑speaking democracies to create Living Evidence Reviews – research syntheses on key topics such as homelessness, job training or policing.

    Randomised trials embody a spirit that is at once modest and scientific, accountable and democratic. By acknowledging that some policies might not achieve their goals, we recognise that all of us are fallible. And by rigorously testing what works, we put ourselves on a cycle of continuous improvement. Just as your doctor today has better treatments available than she did a decade ago, programs in education and employment should be more effective than they were a decade ago. Randomised trials can shape better policies, one coin toss at a time.

    MIL OSI News –

    January 24, 2025
  • MIL-OSI New Zealand: Millions to be forfeited following workplace death

    Source: New Zealand Police (District News)

    Police and the mother of a young man killed during an explosion at a South Auckland hazardous substances business are today welcoming a court settlement resulting in the forfeiture of $4 million under the Criminal Proceeds (Recovery) Act (CPRA).

    Jamey Bowring, 24, was killed when a tank exploded at Salters Cartage Limited (SCL) in Wiri in 2015.

    SLC and its owner, Ronald Salter, were convicted of six charges under the Health and Safety in Employment Act 1992 and Hazardous Substances and New Organisms Act 1996.

    The Commissioner of Police made an application for civil forfeiture under the CPRA, alleging SLC and Mr Salter unlawfully benefited from breaches of regulations relating to the safe management and sale of hazardous substances.

    A seven-week trial began last week, however, parties entered into settlement discussions shortly after the Commissioner opened his case.

    Today, the High Court in Auckland approved a settlement that will see SLC and Mr Salter jointly forfeiting $4 million.

    The settlement also sees the Commissioner released from an undertaking as to damages or costs associated with taking CPRA action.

    Financial Crime Group Detective Inspector Lloyd Schmid says SCL and Mr Salter knowingly benefited from a failure to comply with fundamental requirements for handling dangerous substances.

    “SCL failed to ensure the safety of its site and Salter financially benefited from those very failings.

    “We’ve chosen to take a pragmatic approach here and settle the case at no further cost to Police.

    “This result has been a long time coming and we hope it provides some peace to Jamey’s loved ones.

    “We’re aware of concerns within the business community about the application of the CPRA in these circumstances.

    “Police have no intent to use the CPRA routinely for offences against the Health and Safety at Work Act.

    “This case, largely brought on the basis of breaches of regulations relating to hazardous substances, had some unique features and aggravating circumstances, including the tragic death of a young man. 

    “Police will however consider any future cases on a case-by-case basis,” Detective Inspector Schmid says.

    Family statement – please attribute to Jamey Bowring’s mother, Sarah Ferguson:

    “This case was so much more than someone getting some paperwork wrong.

    “It was a case of a man and his company continually revictimising Jamey and our family by minimising his role in the events that led to my son’s death.

    “His behaviour leading up to and since that day has been beyond unacceptable.

    “I can’t thank those who have walked this journey with us enough — the Police and the fantastic legal team that worked quietly and tirelessly to hold this egregious offending and behaviour to account.

    “Jamey deserved to come home from work.

    “Your loved ones deserve to come home from work. Greed cannot come before safety.

    “I love you my little Fred, I hope you can rest a little easier now. Xxx”

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-Evening Report: What makes Chinese students so successful by international standards?

    Source: The Conversation (Au and NZ) – By Peter Yongqi Gu, Associate Professor, School of Linguistics and Applied Language Studies, Te Herenga Waka — Victoria University of Wellington

    Getty Images

    There is a belief widely held across the Western world: Chinese students are schooled through rote, passive learning – and an educational system like this can only produce docile workers who lack innovation or creativity.

    We argue this is far from true. In fact, the Chinese education system is producing highly successful students and an extremely skilled and creative workforce. We think the world can learn something from this.

    In a viral video earlier this year, Apple CEO Tim Cook highlighted the unique concentration of skilled labour that attracted his manufacturing operations to China:

    In the US, you could have a meeting of tooling engineers, and I’m not sure we could fill the room. In China you could fill multiple football fields.

    To which Tesla CEO Elon Musk quickly responded on X: “True”.

    When South African President Cyril Ramaphosa visited the Shenzhen headquarters of electric vehicle manufacturer BYD earlier this year, he was surprised to learn the company was planning to double its 100,000-strong engineering taskforce within the coming decade.

    He might not have been so surprised had he known Chinese universities are producing more than ten million graduates every year – the foundation for a super-economy.

    The ‘paradox of the Chinese learner’

    Chinese learners achieve remarkable success levels compared to their Western – or non-Confucian-heritage – counterparts.

    Since Shanghai first participated in the PISA educational evaluation in 2009, 15‑year-olds in China have topped the league table three out of four times in reading, mathematics and science.

    How can a supposedly passive and rote Chinese system outperform its Western counterparts? A number of Australian scholars have been studying this “paradox of the Chinese learner” since the 1990s.

    Their research shows those common perceptions of Chinese and other Asian learners are wrong. For example, repetition and meaningful learning are not mutually exclusive. As one Chinese saying goes:

    书读百遍其意自现 – meaning reveals itself when you read something many times.

    What can Western education learn?

    An emphasis on education is a defining feature of Chinese culture. Since Confucianism became the state-sanctioned doctrine in the Han Dynasty (202BCE–220CE), education has entered every fabric of Chinese society.

    This became especially true after the institutionalisation of the Keju system of civil service examinations during the Sui Dynasty (581CE–618CE).

    Today, the Gaokao university entrance examination is the modern Keju equivalent. Millions of school leavers take the exam each year. For three days every July, Chinese society largely comes to a standstill for the Gaokao.

    While the cultural drive for educational excellence is a major motivation for everyone involved in the system, it is not something that is easily learned and replicated in Western societies.

    However, there are two principles we believe are central to Chinese educational success, at both the learner and system levels. We use two Chinese idioms to illustrate these.

    The first we call “orderly and gradual progress” – 循序渐进. This principle stresses patient, step-by-step and sequenced learning, sustained by grit and delayed gratification.

    The second we call “thick accumulation before thin production” – 厚积薄发. This principle stresses the importance of two things:

    • a comprehensive foundation through accumulation of basic knowledge and skills
    • assimilation, integration and productive creativity only come after this firm foundation.
    Technique to art: weekly calligraphy lessons have been mandatory in Chinese primary and middle schools since 2013.
    Getty Images

    Knowledge, skill and creativity

    The epitome of orderly and gradual progress is the way calligraphy is learned. It goes from easy to difficult, simple to complex, imitating to free writing, technique to art. Since 2013, it has been a mandatory weekly lesson in all primary and middle schools in China.

    The art of Chinese writing embodies patience, diligence, breathing, concentration and an appreciation of the natural beauty of rhythm. It teaches Chinese values of harmony and the aesthetic spirit.

    “Thick accumulation” can be illustrated in the way students study extremely hard for the national Gaokao examination, and also during tertiary education. This way they accumulate the basic knowledge and skills required in a modern society.

    “Thin production” refers to the ability to narrow or focus this accumulated knowledge and skill to find and implement creative solutions in the workplace or elsewhere.

    Ways of learning

    On the face of it, the emphasis on gradual and steady progress, and on accumulation of basic knowledge and skills, may look like a slow, monotonous and uninspiring process – the origin of those common myths about Chinese learning.

    In reality, it boils down to a simple argument: without a critical mass of basic knowledge and skills, there is little to assimilate and integrate for productive creativity.

    Of course, there are problems with Chinese learning and education, not least the fierce competitiveness and overemphasis on examinations. But our focus here is simply to show how two basic educational principles underpin Chinese advances in science and technology in a modern knowledge economy.

    We believe these principles are transferable and potentially beneficial for policymakers, scholars and learners elsewhere.

    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. What makes Chinese students so successful by international standards? – https://theconversation.com/what-makes-chinese-students-so-successful-by-international-standards-238325

    MIL OSI Analysis – EveningReport.nz –

    January 24, 2025
  • MIL-OSI China: China’s railway cargo transportation rises in Q3

    Source: China State Council Information Office

    This aerial photo shows a freight train loaded with auto parts, home appliances and textile products pulling out of the Xiahuayuan railway cargo terminal in Zhangjiakou, north China’s Hebei Province. [Photo/Xinhua]

    China’s railway network transported 1.004 billion tonnes of cargo in the third quarter of this year, marking a year-on-year increase of 3.8 percent and setting a new record for freight volume in a single quarter, official data showed Sunday.

    China’s railway industry has been improving its transportation services and efficiency to support the high-quality development of the economy, according to China State Railway Group Co., Ltd.

    During this period, railways handled 520 million tonnes of coal, up 3.5 percent year on year.

    The company said it will further speed up the development of a modern railway logistics network to facilitate domestic and international economic circulations, and reduce logistics costs.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI United Kingdom: Special Representative for Nature appointed in landmark first

    Source: United Kingdom – Executive Government & Departments

    Ruth Davis has been appointed the first UK’s Special Representative for Nature.

    The UK government has appointed Ruth Davis OBE as the first Special Representative for Nature. This landmark announcement is being is made as the UN Convention on Biological Diversity COP16 meeting in Colombia marks its first formal day.    

    Ruth Davis is one of the country’s leading environmental policy experts, with over twenty-five years’ experience working on issues of nature recovery and climate change.   

    Ms Davis previously advised the government when it hosted COP26, including helping secure an international pledge to end deforestation, which was signed by 145 countries. She played a leading role supporting negotiators and ministers and has previously worked with some of the UK’s leading nature organisations including RSPB and Plantlife. She holds an MSc from Reading University in Plant Sciences and a diploma in Botanical Horticulture from Kew.  

    Her appointment comes as environment ministers gather in Colombia to discuss conservation and sustainable use of the world’s biological diversity. The Global Biodiversity Framework was agreed at COP15 in Montreal, where over 150 countries signed up to and committed themselves to halting and reversing the international decline of nature.   

    Miss Davis will begin her role as Special Representative for Nature at the end of this month and will attend COP16 in her current role as an advocate for nature, working alongside the UK delegation led by Environment Secretary, Steve Reed. 

    This is a joint role between the FCDO and Defra and Ms Davis will report to both the Environment Secretary and the Foreign Secretary.         

    Environment Secretary Steve Reed said:   

    We cannot address the nature and climate crises without coordinated global action. That is why we have appointed Ruth as our special representative for nature – a landmark first – who will champion our ambition to put climate and nature at the heart of our foreign policy.

    We depend on nature in every aspect of our lives – it underpins our economy, health and society – and yet progress to restore our wildlife and habitats has been too slow. Ruth’s extensive knowledge and expertise will be vital to help us  deliver on our commitments to put nature on the road to recovery.

    Foreign Secretary David Lammy said: 

    One million species are facing extinction, including one third of both marine mammals and coral reefs. And wildlife populations fallen by 73 per cent since 1970, mostly due to a staggering 83 per cent collapse in freshwater species.

    The climate and nature emergency is the most profound and universal source of global disorder. I am delighted Ruth Davis is joining to be our first ever UK Special Representative for Nature to help us achieve our goal of a liveable planet for all, now and in the future.

    Ruth Davis, the Special Representative for Nature said:   

    The government has recognised that the nature crisis is of equal gravity to the climate crisis; and that we cannot tackle one without addressing the other. Ecosystems and the species they support are essential to maintain food security, reduce health risks and manage the impacts of rising global temperatures.    

    I am delighted to be working with colleagues across government, and with partners around the world, to take on this urgent challenge; in particular, ensuring that the rules and incentives that govern the global economy work to protect and restore nature; and that we invest in the commitment, knowledge and passion of local people, who are critical to safeguarding the places where they live.

    The announcement of the Special Representative for Nature follows confirmation that Rachel Kyte will take up the role of the UK’s Special Representative for Climate, announced last month.  

    The Special Representatives will support ministers to raise global ambition on nature recovery and climate change. They will drive engagement with international leaders and build influence on the global stage to meet the UK’s strategic objectives.

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    Published 21 October 2024

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI United Kingdom: Building economic opportunities in Asia

    Source: Scottish Government

    Extending international business links.

    Scotland’s first Trade Envoy to Japan has been appointed to secure international investment.  

    Stephen Baker will identify new opportunities in Japan’s thriving energy transition, pharmaceuticals, med-tech and food sectors.

    Making this announcement ahead of a trade mission to Singapore and Malaysia, Business Minister Richard Lochhead said:

    “Increasing trade and attracting inward investment are vital components of a thriving, growing economy and the Scottish Government’s clear message is that Scotland is open for business.

    “Scottish businesses already have a strong track record when it comes to exports to the Asian market and attracting inward investment, given Scotland’s position as the UK’s most attractive place for inward investment outside London.

    “This appointment will help Scotland to increase business opportunities with similar Japanese companies and organisations, like Sumitomo’s £350 million investment in a manufacturing plant in Nigg.”

    The Scottish Government’s Trade and Investment Envoy for Japan Stephen Baker said:

    “Japan and the UK share a strong and vibrant partnership, with Scotland taking a leading role in the energy transition. Given Japan’s substantial economy, there are significant opportunities for trade and investment. Now is the perfect time to include Japan in your business strategy and I look forward to maximising the benefits of this global partnership for Scotland.”

    Background

    The unpaid Japan Envoy role will last for an initial two-year term.

    Mr Baker spent 21 years with Sony, before joining Scottish Development International in 2006, initially covering both trade and investment as Japan Country Head, and later as Regional Director for Information and communications technology, Creative Industry, Financial Services, and Global Business Services. Stephen also served as the Asia Pacific Regional Director for Inward Investment into Scotland.

    Mr Lochhead’s trip to Singapore and Kuala Lumpur will take place between 21-24 October. The visit will include meetings with existing and potential investors. Full details on Ministerial travel and engagements are published pro-actively online.

    Sumitomo subsea cabling plant was secured thanks to a £24.5 million investment from the Scottish Government, Highlands and Islands Enterprise and Scottish Enterprise.

    Scottish international export statistics

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI USA News: FACT SHEET: Biden-⁠ Harris Administration Announces New Actions to Support North Carolina’s Hurricane  Recovery

    Source: The White House

    FEMA to hire Community Liaisons across the state to aid in recovery

    More than $300 million approved for North Carolina survivors and state recovery efforts

    Following Hurricane Helene’s devastating impacts across the Southeast and Appalachia, the Biden-Harris Administration continues its robust Federal efforts to help communities recover and rebuild, including in heavily impacted communities in North Carolina. Across the state, the Administration is working alongside state and local officials to continue surging resources and assisting families, business owners, farmers, and other impacted communities receive the support and assistance they need and deserve.

    To continue supporting recovery efforts, today the Administration is announcing that the Federal government will create a brand-new program and hire Community Liaisons to assist impacted communities with their recovery and rebuilding efforts. These dedicated Community Liaisons will interface between the people of North Carolina and FEMA to ensure their needs are met and serve as trusted messengers for survivors.

    Thus far, the Administration has approved more than $300 million in assistance across the state, including $118 million in individual assistance to more than 87,600 households, and more than $189 million for debris removal and other emergency efforts. In total, across all impacted states in the Southeast and Appalachia, the Administration has approved nearly $2 billion in hurricane recovery assistance.

    These new efforts to support North Carolina’s recovery supplement additional resources and funding, including:

    • More than 1,500 Federal personnel remain deployed supporting the response and recovery operations. This includes more than 400 Disaster Survivor Assistance Team members, who are visiting neighborhoods to connect with survivors, assess damage, and offer access to Federal resources that support recovery and rebuilding.
    • Fourteen Disaster Recovery Centers are operating in impacted areas and have served more than 5,700 visitors. More centers will be opening in the coming days. Survivors can visit Disaster Recovery Centers in the following cities/towns: Asheville, Bakersville, Boone, Brevard, Hendersonville, Jefferson, Lenoir, Marion, Morgantown, Newland, Old Fort, Sparta, Sylva, and Waynesville.
    • FEMA is providing temporary hotel stays to more than 2,500 households through Transitional Sheltering Assistance.
    • FEMA inspectors have performed more than 21,000 home inspections to help survivors assess damage and apply for financial assistance.
    • Active-duty troops and National Guard members remain on the ground in their state capacity to support search-and-rescue operations, route clearance, and commodities distribution across western North Carolina. The Department of Defense is also employing additional capabilities to assist with increasing situational awareness across the remote terrain of Western North Carolina. The Army Corps of Engineers continues missions supporting debris removal, temporary emergency power installation, water and wastewater assessments with the Environmental Protection Agency.
    • Power has been restored to 99 percent of impacted North Carolina customers due to thousands of utility personnel working around the clock.
    • Commodity distribution, mass feeding, and hydration operations continue in areas of western North Carolina. FEMA continues to send commodity shipments and voluntary organizations are supporting feeding operations with bulk food and water deliveries coming in via truck and aircraft. Mobile feeding operations are reaching survivors in heavily impacted areas, including three mass feeding sites in Buncombe, McDowell and Watauga counties.

    Additional actions the Administration is taking to protect public health, provide flexibilities to homeowners and taxpayers, support infrastructure recovery, and support workers, farmers, and students in North Carolina can be found here. Additional actions President Biden directed before Helene’s landfall can be found here.

    Biden-Harris Administration’s Continuous Commitment to Being on the Ground

    Following Hurricane Helene’s devastating impacts across North Carolina, President Biden committed to helping impacted communities recover and rebuild, no matter how long it takes. On October 2, less than one week after landfall, President Biden visited North Carolina to survey the damage, meet with first responders and impacted communities, and receive an operational briefing. As part of that visit, he also directed up to 1,000 active-duty troops to partner with the North Carolina National Guard on the ground at the request of the Governor. Days later, to surge additional resources and capacity at the request of the Governor, President Biden ordered another 500 active-duty troops to move into western North Carolina. On October 5, Vice President Harris also visited North Carolina to survey the damage, receive briefings, and meet with first responders.

    The President and Vice President and senior leaders across the Administration have spoken with and coordinated closely with Governor Cooper throughout the response. President Biden talked with Governor Cooper at least twice immediately following Helene’s landfall, and Governor Cooper joined him to survey damage and receive briefings during his visit. They have stayed in close contact in the ensuing weeks.

    At the President’s direction, FEMA Administrator Criswell has been on the ground in North Carolina for multiple days and nights to lead the Federal response since Helene’s landfall. She has traveled across the state to meet with survivors and communities, identify resource needs, and continue ensuring a swift and coordinated recovery effort.  She will return again this evening and remain in place to direct additional measures to speed response and recovery.  Many other Administration leaders, including Secretary Pete Buttigieg, Secretary Michael Regan, and Secretary Alejandro Mayorkas, have also visited North Carolina to support recovery efforts and others will do so in the coming days and weeks, including Secretary Tom Vilsack on October 25.

    ###

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI Reportage: BNZ launches Tech Business Hub to empower early-stage technology businesses

    Source: BNZ statements

    New Zealand’s tech sector is set to get a boost thanks to the launch of the country’s first dedicated banking hub for early-stage technology businesses.

    The Waikato-based BNZ Tech Business Hub is designed to address the unique needs of early-stage tech companies.

    It offers BNZ customers access to bankers with specific training and expertise who are equipped to offer financial services to address the unique challenges and opportunities faced in the technology industries.

    Tim Wixon, Head of Technology Industries at BNZ, says, “BNZ’s Tech Business Hub is not just a new offering – it represents a philosophical shift in how we approach banking for this sector. Technology businesses have distinct needs which have not historically been met by traditional banking models. Our hub will help fill this gap by offering practical guidance, advice, and tailored services to help accelerate sector growth.”

    According to the Technology Investment Network, the top 200 New Zealand tech companies generated the second largest source of offshore revenue after dairy. The industry is also growing faster than any other in New Zealand and offers salaries around 30% higher than the New Zealand average.

    “Technology Industries continue to be an increasingly important part of the New Zealand economy. Every year, we see more of our country’s tech companies succeed on the world stage and BNZ remains committed to assist wherever possible”, says Mr Wixon.

    BNZ is ambitious in its support for technology companies in New Zealand, launching a range of innovative solutions in recent years to assist the sector, including Contracted Receivables Financing, Revenue Based Financing for SaaS businesses, and Project Scale Up, which provide high-potential and high-growth technology businesses with access to non-dilutive capital.

    The new Tech Business Hub complements these offerings, underscoring BNZ’s commitment to fostering a vibrant homegrown tech ecosystem.

    Tech Business Hub Team Manager – Figo Liu – says, “Tech businesses require banking partners who speak their language and understand their journey. Our goal is to nurture the tech and startup ecosystem by making it easier to start a business and grow.”

    With the Tech Business Hub now up and running, BNZ is turning its attention to further ways that it can support tech businesses at all stages of their lifecycle.

    “We believe that New Zealand’s tech sector has enormous potential, and we want to do everything we can to help these businesses succeed,” says Mr Wixon. “The BNZ Tech Business Hub is the next step in our commitment to this important part of our economy, and we look forward to working closely with tech entrepreneurs and innovators to help them achieve their goals.”

    The post BNZ launches Tech Business Hub to empower early-stage technology businesses appeared first on BNZ Debrief.

    MIL OSI Analysis –

    January 24, 2025
  • MIL-OSI China: Chinese listed companies to receive loans for share buybacks, increasing shareholdings

    Source: China State Council Information Office 3

    More than 20 Chinese listed companies on Sunday announced that they have signed agreements with financial institutions or obtained commitment letters to secure loans for share buybacks and increasing shareholdings.

    The announcements came after China’s central bank launched a special re-lending facility aimed at guiding banks to provide loans to listed companies and their major shareholders for buybacks and increasing shareholdings on Friday.

    The initial re-lending scale is 300 billion yuan (about 42.09 billion U.S. dollars) at an interest rate of 1.75 percent. The facility can be applied to various types of companies regardless of their ownership, according to the central bank.

    To actively respond to and fully leverage the policy tool introduced by the relevant regulatory body for supporting share buybacks, the company on Oct. 19 signed a credit agreement with the Bank of China to obtain a credit line of no more than 900 million yuan, which will be used for the company’s share buybacks in the A-share market, Sinopec said in an online statement published Sunday.

    Sinopec also revealed that its controlling shareholder China Petrochemical Corporation signed an agreement with the bank to obtain a credit line of 700 million yuan. This funding will be used by the corporation to increase its shareholdings in Sinopec within the A-share market.

    Other companies that have announced plans to secure loans for share buybacks or increasing shareholdings include China Merchants Port Group Co., Ltd. and Sinotrans Limited.

    The re-lending facility offers low-cost funds to financial institutions, which in turn helps to reduce the financing costs for listed companies and major shareholders, said Tian Lihui, head of the Institute of Finance and Development at Nankai University.

    It also helps enhance the inherent stability of China’s capital market, maintain the stable operation of the market and boost market confidence, Tian added.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI: First Federal Savings Bank Celebrates 120 Years of Powering Local Communities

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., Oct. 20, 2024 (GLOBE NEWSWIRE) — The Independent Community Bankers of America (ICBA) congratulates First Federal Savings Bank on its milestone anniversary and faithful service to its customers and communities for 120 years.

    “From your first home to your forever home, startup or expansion small business loan, or saving for your golden years, First Federal Savings Bank has been a source of support for customers working to achieve their financial goals,” said Courtney Schmitt, VP Marketing Manager at First Federal Savings Bank. “As we reflect and reaffirm our commitment to our customers, we look forward to continuing to serve with honor and distinction to ensure our communities’ future prosperity.”

    “As financial stewards, community banks have always played a central role to the financial health and vitality of their community—whether funding their customers’ financial dreams or supporting community causes and events,” ICBA President and CEO Rebeca Romero Rainey said. “Milestones like these showcase the value of community banks as relationship lenders and the impact they have every day in powering local communities.”

    About First Federal Savings Bank Member FDIC
    First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.

    About ICBA
    The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

    As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.

    The MIL Network –

    January 24, 2025
  • MIL-OSI New Zealand: New bill would ensure businesses’ interests are heard in liquor licencing decisions

    Source: ACT Party

    “Licensed liquor outlets are legitimate businesses that serve a demand in the community while offering employment and bringing shoppers to town centres,” says Dr Parmjeet Parmar, who has lodged a new bill in Parliament’s member’s ballot to strengthen the voice of liquor-licenced businesses.

    “Establishing a licenced business involves financial commitment, risk, and hard work, but current legislation means that businesses are threatened with closure when they seek to renew their licence, or when a local alcohol policy changes.

    “Labour made navigating a licence application or renewal process even more difficult than it already was. Too many groups have been given too much power to effectively block the establishment or renewal of liquor licences.

    “ACT says that licencing decisions should prioritise the interests of those most affected – namely, the business itself, its customers, and the immediate local community. My bill limits eligibility to oppose an application for, or renewal of, a liquor licence, to those who reside within one kilometre of the premises.

    “Licencing rules should also offer certainty to those who have obtained a licence but risks having a renewal rejected, such as when a childcare facility or church moves in nearby. My bill ensures licensing authorities must not take such sites into account if the licenced outlet is already established in the area.”

    The Sale and Supply of Alcohol (Participation in Licensing Decisions) Amendment Bill can be viewed here.

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-Evening Report: Expanding coal mines – and reaching net zero? Tanya Plibersek seems to believe both are possible

    Source: The Conversation (Au and NZ) – By John Quiggin, Professor, School of Economics, The University of Queensland

    Federal Environment Minister Tanya Plibersek’s recent decision to approve expansion plans for three New South Wales coal mines disappointed many people concerned with stabilising the global climate.

    Two of these mines, Narrabri and Mount Pleasant in New South Wales, featured in the high-profile but ultimately unsuccessful Living Wonders court case, intended to force the federal government to take account of climate damage done by coal mine approvals. A lawyer involved in the case said Plibersek’s decision showed a refusal to “recognise their climate harms”.

    Why did Plibersek sign off on this? She has argued the mines will abide by domestic industrial emissions rules. As her spokesperson told the ABC:

    The emissions from these projects will be considered by the minister for climate change and energy under the government’s strong climate laws.

    But these laws apply only to emissions produced in Australia, which in this case will be from extracting and transporting coal and the relatively small amount of coal burned here. Most of the coal will be exported and burned overseas. Australian laws do not count those much larger emissions.

    The government is effectively washing its hands of the far larger emissions created when the coal is burned overseas. Since taking office, the Albanese government has approved seven applications to open or expand coal mines. Just this week, NSW Treasurer Daniel Mookhey said his state would keep exporting coal into the 2040s.

    This reasoning doesn’t stack up. If we stopped expanding coal mines, coal would get more expensive – and we would accelerate the global shift to clean energy.

    How can more coal be compatible with net zero?

    Under the 2015 Paris Agreement on climate action, nations must publicly commit to domestic emissions reductions goals and are expected to steadily ramp up ambition.

    But these emissions cuts are domestic only – we don’t measure the emissions we enable by exporting coal and gas.

    The Albanese government has increased domestic ambition by committing to a 43% reduction on 2005 figures by 2030. This seems to be a substantial advance on the 26-28% commitment made by the previous government. In reality, internal tensions in the Morrison Coalition government handed Labor an unintentional gift.

    In 2021, estimates suggested Australia was already on track for a 35% reduction. But internal opposition among Coalition backbenchers stopped Morrison announcing this as a target. As a result, Labor’s change looks about twice as impressive as it should.

    Still, progress is happening. Domestically, Australia is now burning less and less coal.



    But in terms of exports, the government’s position – clear in Plibersek’s decision as well as the government’s plan to keep gas flowing for decades – is as long as there is a demand for coal and gas from other countries, Australia will be ready and willing to meet it.

    Most of the coal unlocked by Plibersek’s decision will go overseas, given NSW exports 85% of its coal to partners such as Japan, China, South Korea and Taiwan.

    How does the government defend this?

    Expanding coal mines while maintaining a public commitment to net zero is a consistent theme between this government and its predecessor, which also committed to net zero. It meets a minimal interpretation of our legal obligations under the Paris Agreement, but maintains the planet’s path towards dangerous warming.

    In her statement of reasons given in 2023 as to why the Mount Pleasant mine expansion should be permitted, Plibersek and the Labor government offer several defences.

    The first is she is simply acting in accordance with Australian law, as the project would comply with “applicable Commonwealth emissions reduction legislation”. This is a weak reed, to put it mildly. The Albanese government, with the support of Greens and independents, can change the law whenever it chooses.

    In reality, the government has steadfastly resisted pressure to include a “climate trigger” in Australia’s environmental approval processes. Their resistance is relatively new – as recently as 2016, Labor policy included a climate trigger for land clearing.

    Labor’s second defence has often been dubbed the “drug dealer’s defence”. That is, if Australia didn’t export coal, other producers would take our place. As Prime Minister Anthony Albanese has put it:

    policies that would just result in a replacement of Australian resources with resources that are less clean from other countries would lead to an increase in global emissions, not a decrease.

    As I’ve argued previously, this defence doesn’t work. Coal is subject to a rising cost curve – if we stopped exporting it, new or expanded production from other sources would cost more to extract and hence be priced higher. More expensive coal would, in turn, accelerate the global energy transition. We do have agency – we could choose not to unlock more coal.

    Finally, Plibersek claims emissions from burning Mount Pleasant coal – estimated at over 500 million tonnes of carbon dioxide equivalent over the mine’s extended lifetime – would not be “substantial” relative to total global emissions. For context, Australia’s total emissions are now less than 500 million tonnes a year.

    This “litterbug’s defence” suggest Australia’s emissions – whether produced domestically or exported – are not big enough to make a difference. This is not true – we are now the second largest exporter of emissions globally, after Russia. That is due largely to coal.



    Are fossil fuel exports untouchable?

    There’s a huge gap between global pledges to cut emissions and the reductions needed to actually achieve the Paris targets. Most countries we export coal and gas to are not yet on a path to achieve the reductions in emissions necessary to stabilise the global climate – though China’s emissions may, remarkably, be about to decline.

    That’s why we need to press for decarbonisation at every stage of the energy system, from extraction of coal, oil and gas to the financing of new carbon-based projects as well as at the point where the fuel is burned and emissions produced generated.

    The problem for Australia is we sell a lot of coal and gas – more than ever before. So even as solar and wind energy begins to displace coal and gas in domestic power generation, our coal and gas exports seem all but untouchable.

    We should be saddened but not surprised at this pattern. The Albanese government seems guided by the principle of doing nothing to generate substantial opposition – and to count on the fact a Dutton Coalition government would do even less.

    John Quiggin is a former member of the Climate Change Authority

    – ref. Expanding coal mines – and reaching net zero? Tanya Plibersek seems to believe both are possible – https://theconversation.com/expanding-coal-mines-and-reaching-net-zero-tanya-plibersek-seems-to-believe-both-are-possible-241007

    MIL OSI Analysis – EveningReport.nz –

    January 24, 2025
  • MIL-OSI Asia-Pac: FS attends APEC Finance Ministers’ Meeting in Peru (with photos/video)

    Source: Hong Kong Government special administrative region

         â€‹The Financial Secretary, Mr Paul Chan, began his visit in Lima, Peru, yesterday (October 20, Lima time) to attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting (FMM) and related activities.

         In the morning, Mr Chan attended the Finance Ministers’ Retreat. The meeting focused on discussing the fiscal policies of economies and several specific topics, including tax administration, promoting quality infrastructure development, and the digital transformation of financial services.

         Mr Chan introduced the latest developments in Hong Kong regarding these topics. He specifically shared Hong Kong’s experience in issuing retail bonds to support infrastructure projects that benefit the economy and people’s lives. He highlighted that this arrangement allows residents to participate in advancing infrastructure projects, and providing them with a safe, reliable, and stable investment option, while also raising funds for these projects. This approach achieves the dual goals of supporting inclusive finance and infrastructure development. Mr Chan also shared Hong Kong’s progress in promoting the digitalisation of financial services, including ongoing optimisation of the fintech ecosystem, launching regulatory sandboxes to test and promote innovative projects across various financial sectors, and facilitating data sharing between small and medium-sized enterprises and banks to facilitate business lending.

         In the afternoon, Mr Chan attended the High Level Event on Sustainable Finance under FMM, engaging in in-depth discussions with attending finance ministers and representatives from various business sectors on the strategies for the development of sustainable finance and transition finance, governance frameworks, and international cooperation. Mr Chan outlined the Hong Kong Special Administrative Region Government’s emission reduction targets and action strategies set forth in the “Hong Kong’s Climate Action Plan 2050.” He also shared Hong Kong’s latest developments as a leading green finance centre in Asia, including the issuance of green and sustainable bonds, participation in the formulation of relevant international standards and climate disclosure guidelines, talent training, and promoting transition finance to build a thriving green and sustainable finance ecosystem. Moreover, a steering group comprising all financial regulators has been established to drive related efforts.

         Mr Chan also met with Vice Minister of Finance of China Mr Liao Min, as well as several representatives from participating economies, including the Minister of Economy and Finance of Peru, Mr José Arista Arbildo; the Minister for Transport and Second Minister for Finance of Singapore, Mr Chee Hong Tat, and Deputy Minister of Finance of Thailand Mr Paopoom Rojanasakul, to discuss deepening bilateral cooperation and exchange views on common concerns. In these bilateral meetings, Mr Chan introduced Hong Kong’s latest economic situation and various policy measures set out in the Policy Address delivered by the Chief Executive recently. 

         In the evening, Mr Chan attended the welcome reception for the FMM.

         Mr Chan will continue to attend the FMM today (October 21, Lima time).                        

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI New Zealand: Insurance Sector – Commonwealth insurance peaks collaborate on global insurance protection gap

    Source: Insurance Council of NZ

    The peak bodies representing personal and business insurers in the United Kingdom, Canada, Australia and New Zealand have called on Commonwealth leaders at this week’s Commonwealth Heads of Government Meeting (CHOGM) in Samoa to discuss worsening extreme weather and its impact on national economic and community resilience across the Commonwealth.
    The Association of British Insurers (ABI), the Insurance Bureau of Canada (IBC), the Insurance Council of Australia (ICA), and the Insurance Council of New Zealand (ICNZ), have jointly written to the Prime Ministers of their respective nations calling for the issue to be put on the agenda as part of the Commonwealth Business Forum on 23 and 24 October.
    This followed a Global Insurance Protection Gap Forum held in Sydney, Australia on Friday 18 October involving the four leaders of the ABI, IBC, ICA, and ICNZ, along with insurers, Australian government representatives, and regulators.
    The four associations collectively represent insurers writing approximately US$200B in gross annual premium, with their members playing an essential role in enabling individuals, communities and businesses to recover from the unexpected and reduce risk across the economies in which they operate.
    Operating in Commonwealth nations, the four organisations and their members face similar regulatory, political, and financial environments, with their governments and regulators having similar tools at their disposal to implement solutions.
    The Global Insurance Protection Gap forum agreed that:
    – As extreme weather intensifies, populations expand and more homes are put in harm’s way, the insurance protection gap will widen.
    – Flood risk is often concentrated in particular areas, but the widespread nature of flood risk is going to increase.
    – Governments and insurers have a critical opportunity to collaborate across global markets to build a shared view of current and future hazard risk.
    – We must stop locking further risk into our economies by building homes in the wrong places.
    – Applying excessive taxes and levies to insurance premiums can directly affect the affordability of insurance coverage.
    Comment attributable to Hannah Gurga, Director General, Association of British Insurers
    Our changing climate represents a real and growing threat to our resilience as a nation and globally. The UK led the way with the creation of Flood Re, which has helped keep insurance accessible for hundreds of thousands of homes. We are now at a crossroads, with a new government in post and a review of the planning system underway. It’s vital that decisions are taken for the long-term and made for the benefit of all. That’s not just investing in flood defences but also changing where and how we build. Action is needed now, not in the future when the challenge will be ever greater.
    Comment attributable to Celyeste Power, President and CEO, Insurance Bureau Canada
    In the span of just five weeks this past summer, Canada saw five natural catastrophes: three major floods, a devastating wildfire, and a destructive hailstorm resulting in $7 billion of insured losses.
    This isn’t an anomaly. It isn’t bad luck. It’s part of an escalating trend of severe weather events that is making Canada a riskier place to live, work and insure.
    I know Canada is not facing these challenges alone and I join with my colleagues in Australia, New Zealand and Britain in our call for meaningful action to reduce the growing physical and financial risks our citizens are facing.
    Comment attributable to Andrew Hall, CEO, Insurance Council of Australia
    More frequent and intense disasters, coupled with ongoing development of areas at high risk of extreme weather and growing asset values, are widening the gap globally between those who can afford insurance in high-risk areas and those who can’t – often leaving society’s least wealthy unable to rebuild and recover when disaster strikes.
    As the bodies representing personal and business insurance providers in the United Kingdom, Canada, Australia and New Zealand, we have a unique perspective on this issue.
    Insurers remain steadfastly committed to the policies of derisking as the only sustainable way to reduce the pressure on premiums and close the protection gap: better planning so no more homes are built in harm’s way, stronger buildings that are better able to withstand extreme weather, greater investment in public infrastructure to better protect communities, and an ongoing program of home buybacks where no other mitigation is possible.
    Comment attributable to Kris Faafoi, CEO, Insurance Council of New Zealand
    Our nations share a common history and a future challenge with climate change. By working closely together our insurance representative bodies are committed to doing their bit to help reduce risk from natural hazards and protect our families and communities.
    By reducing the protection gap we keep communities safe, reduce the costs to taxpayers and ratepayers and maintain insurance capacity and affordability.
    Just last year New Zealand experienced just how devastating severe weather events can be on lives, livelihoods and communities. There is much to be gained by working together on these issues across the UK, Australia, Canada and New Zealand through policy work, relationships and our responses to natural disasters.

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI New Zealand: Save the Children statement: ‘Rohingya refugees must be given humanitarian assistance and protection’

    Source: Save the Children

    Save the Children is calling for Indonesia and other countries in Asia to provide protection and humanitarian assistance to Rohingya refugees after a boat carrying more than 100 Rohingya, including women and children, was sighted off the coast of Indonesia.
    The wooden fishing boat is carrying more than 100 Rohingya refugees according to local authorities and fishermen and is anchored around 5 kilometers off the coast of South Aceh[1]. This is the first boat carrying Rohingya refugees to arrive in Indonesia since March 2024.
    It was not immediately clear where the boat has come from. Earlier in the week local fishermen and authorities said they had discovered in the sea the body of a woman thought to be a Rohingya woman, but it was not immediately clear if the woman was a passenger on the boat.
    From November 2023 to date, at least 15 boats carrying more than 2,000 Rohingya refugees (73% of whom are women and children) landed in Aceh and North Sumatra, Indonesia, a staggering 298% increase from the 574 people who arrived in 2022.[2]
    While many have since departed Indonesia, around 1,000 remain in informal and temporary accommodation in Aceh, North Sumatra, and Riau Provinces.[3]
    Fadli Usman, Humanitarian Director at Save the Children in Indonesia, said:
    “Nobody should have to put their lives at risk to make perilous journeys by sea in search of a better life, but this is sadly the reality for Rohingya refugees who have undertaken dangerous sea journeys, often in boats that are not sea worthy, to seek protection, to access livelihoods and education, and to reunite with families.
    “Indonesia has displayed strong solidarity and humanity in the past by allowing Rohingya refugees to disembark and should continue to do so. We’re also calling on governments in Asia, including Indonesia, to honour their international commitments and provide humanitarian assistance to Rohingya refugees, including children. Around 40% of Rohingya arrivals in Indonesia so far this year have been children. Among other horrors, these children are at risk of physical abuse, malnutrition, gender-based violence and exploitation. No child should have to go through the ordeals that Rohingya children do during these journeys. We must ensure that the Rohingya are not forgotten.”
    Save the Children is also calling on the international community to take on their share of responsibility, by stepping up financial support for Rohingya refugees arriving on boats to Indonesia and other countries in the region.

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI NGOs: “Dispiriting, dangerous, anti-development” education and health cuts by nearly every country with World Bank and IMF loans

    Source: Oxfam –

    New global index reveals that nine out of ten countries worldwide are pursuing policies that are likely to increase levels of economic inequality.

    94 percent of countries (94 out of 100 countries) with current World Bank and International Monetary Fund (IMF) loans have cut vital investments in public education, health and social protection over the past two years, according to a new report published today by Oxfam and Development Finance International (DFI).

    The figure is even higher for International Development Association (IDA) countries, the world’s poorest countries —95 percent (40 out of 42 countries) have pursued such cuts.

    “These cuts are not just dispiriting; they’re dangerous and fundamentally anti-development,” said Kate Donald, Head of Oxfam International’s Washington DC Office. “Too many Global South countries are facing the agonizing choice between investing in education and health or adopting austerity measures to keep up with crushing debt payments. These decisions come at a terrible human cost —millions of people depend on public services to thrive and build better lives for themselves and their children.”

    “Last year, we applauded the World Bank for finally making inequality an institutional priority. But our latest findings show that both the Bank and IMF have a lot of work to do if they are to genuinely contribute to tackling inequality rather than perpetuate it,” said Donald.

    In 2023, under growing pressure from economists, shareholders and civil society, the World Bank introduced its first-ever “vision indicator” aimed at reducing the number of countries with high inequality (Gini of 0.4 or above). Despite this step forward, the Bank has watered down previous commitments to support progressive taxation, including increased taxation of the super-rich. Tackling inequality has so far not been incorporated into the policy framework for the upcoming replenishment of the Bank’s IDA, which provides grants or low-interest loans to the world’s poorest countries, over half of which are in Africa. Inequality is high or increasing in 54 percent of countries that receive funds from IDA.

    Using the latest data from government budgets, the “Commitment to Reducing Inequality (CRI) Index 2024” ranks 164 governments on their policies regarding public services, tax, and workers’ rights —policies central to reducing inequality. This year’s edition shows that, for the first time since the Index began in 2017, the majority of countries are backsliding across all the three critical areas.

    Overall, 84 percent of countries have cut investment in education, health and social protection, 81 percent weakened their tax systems’ ability to reduce inequality, and in 90 percent of them, labour rights and minimum wages have worsened.

    Some countries have improved their ranking since 2022. Burkina Faso and Vanuatu increased their minimum wage, Croatia boosted investment in health, and Guyana retains one of the highest corporate tax rates (40 percent).

    Others have fallen sharply, including Argentina whose new government has slashed public health and education budgets by 76 percent and 60 percent, respectively, and is phasing out the country’s wealth tax. Pakistan has cut education and social protection budget shares by a third under IMF-imposed austerity measures.

    Even the top performers, high-income countries led by Norway and Canada, are lagging in many indicators. Around 5 percent of their populations face catastrophic out-of-pocket healthcare costs. Excepting Japan, most have low rates of corporate income tax. Denmark has been cutting the income tax rate paid by the richest 1 percent for years.

    The bottom performers in the Index remain dominated by those from Sub-Saharan Africa (all countries in the region have World Bank and IMF programs). In addition to low tax revenues, the debt crisis, conflict and climate breakdown are diverting scarce resources from education, health and social safety nets. On average, low- and middle-income countries are spending 48 percent of their budgets on debt service, far more than they do on education and health combined. Six of the bottom ten countries are in or at high risk of debt distress.

    Higher taxes on the income and wealth of the super-rich could raise trillions of dollars to plug financing gaps for public services in low- and middle-income countries. At the G20 finance ministers’ meeting in July 2024, for the first time in history, the world’s largest economies agreed to cooperate to tax the ultra-rich, a move welcomed by President of the World Bank Ajay Banga.

    “The world’s governments are doing even less to fight inequality, exacerbating extremism and undermining growth. With the World Bank adopting a new anti-inequality target, the World Bank and IMF have a new opportunity to champion policies which cut inequality —free public services, fairer tax systems, and stronger workers’ rights. They must seize this with both hands,” said Matthew Martin, Executive Director of DFI.
     

    Download Oxfam and DFI’s “Commitment to Reducing Inequality (CRI) Index 2024” at http://www.inequalityindex.org. Development Finance International (DFI) is a non-profit capacity-building, advocacy, advisory and research group.  

    According to Oxfam’s research, inequality is high or increasing in 25 (54 percent) of countries that receive funds from IDA.

    Significant investment from the World Bank is needed to radically and rapidly improve data on inequality, particularly on the incomes and the wealth of those at the top.  For more than 100 countries, the most recent data available is from 2019 or earlier, predating the last five years of crisis.
     

    MIL OSI NGO –

    January 24, 2025
  • MIL-Evening Report: Humanising AI could lead us to dehumanise ourselves

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

    Shutterstock

    Irish writer John Connolly once said:

    The nature of humanity, its essence, is to feel another’s pain as one’s own, and to act to take that pain away.

    For most of our history, we believed empathy was a uniquely human trait – a special ability that set us apart from machines and other animals. But this belief is now being challenged.

    As AI becomes a bigger part of our lives, entering even our most intimate spheres, we’re faced with a philosophical conundrum: could attributing human qualities to AI diminish our own human essence? Our research suggests it can.

    Digitising companionship

    In recent years, AI “companion” apps such as Replika have attracted millions of users. Replika allows users to create custom digital partners to engage in intimate conversations. Members who pay for Replika Pro can even turn their AI into a “romantic partner”.

    Physical AI companions aren’t far behind. Companies such as JoyLoveDolls are selling interactive sex robots with customisable features including breast size, ethnicity, movement and AI responses such as moaning and flirting.

    While this is currently a niche market, history suggests today’s digital trends will become tomorrow’s global norms. With about one in four adults experiencing loneliness, the demand for AI companions will grow.

    The dangers of humanising AI

    Humans have long attributed human traits to non-human entities – a tendency known as anthropomorphism. It’s no surprise we’re doing this with AI tools such as ChatGPT, which appear to “think” and “feel”. But why is humanising AI a problem?

    For one thing, it allows AI companies to exploit our tendency to form attachments with human-like entities. Replika is marketed as “the AI companion who cares”. However, to avoid legal issues, the company elsewhere points out Replika isn’t sentient and merely learns through millions of user interactions.

    Some AI companies overtly claim their AI assistants have empathy and can even anticipate human needs. Such claims are misleading and can take advantage of people seeking companionship. Users may become deeply emotionally invested if they believe their AI companion truly understands them.

    This raises serious ethical concerns. A user will hesitate to delete (that is, to “abandon” or “kill”) their AI companion once they’ve ascribed some kind of sentience to it.

    But what happens when said companion unexpectedly disappears, such as if the user can no longer afford it, or if the company that runs it shuts down? While the companion may not be real, the feelings attached to it are.

    Empathy – more than a programmable output

    By reducing empathy to a programmable output, do we risk diminishing its true essence? To answer this, let’s first think about what empathy really is.

    Empathy involves responding to other people with understanding and concern. It’s when you share your friend’s sorrow as they tell you about their heartache, or when you feel joy radiating from someone you care about. It’s a profound experience – rich and beyond simple forms of measurement.

    A fundamental difference between humans and AI is that humans genuinely feel emotions, while AI can only simulate them. This touches on the hard problem of consciousness, which questions how subjective human experiences arise from physical processes in the brain.

    Science has yet to solve the hard problem of consciousness.
    Shutterstock

    While AI can simulate understanding, any “empathy” it purports to have is a result of programming that mimics empathetic language patterns. Unfortunately, AI providers have a financial incentive to trick users into growing attached to their seemingly empathetic products.

    The dehumanAIsation hypothesis

    Our “dehumanAIsation hypothesis” highlights the ethical concerns that come with trying to reduce humans to some basic functions that can be replicated by a machine. The more we humanise AI, the more we risk dehumanising ourselves.

    For instance, depending on AI for emotional labour could make us less tolerant of the imperfections of real relationships. This could weaken our social bonds and even lead to emotional deskilling. Future generations may become less empathetic – losing their grasp on essential human qualities as emotional skills continue to be commodified and automated.

    Also, as AI companions become more common, people may use them to replace real human relationships. This would likely increase loneliness and alienation – the very issues these systems claim to help with.

    AI companies’ collection and analysis of emotional data also poses significant risks, as these data could be used to manipulate users and maximise profit. This would further erode our privacy and autonomy, taking surveillance capitalism to the next level.

    Holding providers accountable

    Regulators need to do more to hold AI providers accountable. AI companies should be honest about what their AI can and can’t do, especially when they risk exploiting users’ emotional vulnerabilities.

    Exaggerated claims of “genuine empathy” should be made illegal. Companies making such claims should be fined – and repeat offenders shut down.

    Data privacy policies should also be clear, fair and without hidden terms that allow companies to exploit user-generated content.

    We must preserve the unique qualities that define the human experience. While AI can enhance certain aspects of life, it can’t – and shouldn’t – replace genuine human connection.

    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. Humanising AI could lead us to dehumanise ourselves – https://theconversation.com/humanising-ai-could-lead-us-to-dehumanise-ourselves-240803

    MIL OSI Analysis – EveningReport.nz –

    January 24, 2025
  • MIL-OSI New Zealand: Progress towards Auckland’s climate goals puts resilience at the forefront

    Source: Auckland Council

    From increasing public transport options, to decarbonising the council’s operations, to community food initiatives and building resilience to flood events, Auckland Council is delivering tangible, positive climate outcomes for Aucklanders. That’s according to Auckland Council’s Te Tāruke-ā-Tāwhiri: Auckland’s Climate Plan 2024 progress snapshot.

    Councillor Richard Hills, Chair of the council’s Policy and Planning Committee applauds the progress already made but reminds us that to maintain momentum and achieve our climate goals requires continued commitment from all of us.

    “As a region, the scale and speed of climate action needed to make an impact on resilience continues to grow and will require increasing levels of cohesion and investment across both government and our council.”

    Te Tāruke-ā-Tāwhiri: Auckland’s Climate Plan is Auckland Council’s long-term approach to climate action. It sets out eight priority action areas to deliver our goals to reduce carbon pollution and plan in ways that prevent further climate disruption.

    Kataraina Maki, Auckland Council’s Chief Sustainability Officer, believes the council plays a crucial role in forward-thinking to make caring for everyone in a climate-disrupted future a reality.

    “Imagine the lives we can all live when, across our communities, we are empowered to take the bold climate actions we need, and know are feasible. Te Tāruke-ā-Tāwhiri: Auckland’s Climate Plan provides long term solutions to make wise decisions now that will prevent further disruption to the climate later for future generations.

    “Kia kotahi, Auckland Council supports our communities to unite, work together, and adapt to low-carbon, climate-prepared lifestyles to meet peoples’ needs and make our city better for everyone, especially those most vulnerable to climate disruption.”

    The annual progress report highlights the council’s contribution towards the implementation of Te Tāruke-a-Tāwhiri: Auckland’s Climate Plan based on the levels of actions that are completed, in progress, and still required in reducing emissions and improving resilience to climate change. It also provides highlights of progress and key challenges for each priority in the plan along with a summary of key initiatives planned for the year ahead.

    Key highlights of 2023/2024 report include:

    • Collecting and diverting 20,000 tonnes of food scraps from landfill, exceeding the target of 18,000 tonnes for year one
    • Investment in public transport to increase patronage up to 100 million boardings by March 2025
    • Issuing three new green bonds increasing total green bond holdings to NZ $3.7 billion
    • The Auckland Council climate grant funded 32 community-led projects, with approximately a third going to underserved communities
    • Approximately 750,000 trees were planted across the region as part of the Urban Ngahere programme
    • Several projects including Auckland Art Gallery and Auckland Domain Wintergardens have switched from gas to electricity and alternative energy sources, saving money and reducing emissions.

    A planted area and stormwater stream beside the motorway in South Auckland.

    Building resilience to future extreme weather events top priority for the council

    In response to the 2023 extreme weather events, Auckland Council has partnered with the government to implement a $2 billion flood recovery and resilience package. As severe weather events happen more frequently, the council is preparing for the additional water we know to expect and preventing further flood risks through financial support for affected homeowners, supporting community-led responses and accelerating crucial repairs to affected infrastructure.

    The Making Space for Water programme has been integral to this work where $820 million has been given to help build resilience, repair affected stormwater assets and reduce the impacts of future intense rainfall.

    Councillor Hills says that rebuilding our infrastructure after big flooding and climate events can prevent worsening climate disruption.

    “Rampant carbon pollution has trapped heat like a blanket in our atmosphere and warmed the oceans, leading to a disrupted climate and more extreme weather events. A lot more water is one of the effects,” he says.

    “Auckland Council prioritises working alongside mana whenua, communities, and infrastructure experts to redesign our city to be more spongy to soak up this extra water and reduce heat in our neighbourhoods.

    “By uncovering our natural waterways and enhancing and maintaining our stormwater systems through programmes like Making Space for Water, we’re giving water space to flow and rise to build resilience and reduce the impacts of future flooding.”

    An electric bus on Waiheke Island.

    Zero emission transport

    Auckland’s public transport network is becoming fully electric. A total of 180 buses are now zero emissions in the fleet, making it the largest fleet of zero-emission buses of any city in Australasia. Investment in the transition from fossil fuels to lower emissions has also seen the construction of the first low emission ferries. The Climate Action Transport Targeted Rate has also increased our frequent bus network to forty routes in total, the most recent addition is the 94, which is seeing almost 400 new users each day.

    Te Herenga Waka O Orewa Marae has received funding to repair flooring in the wharekai, an engineering design to improve stormwater management.

    Mana whenua partnerships

    Auckland Council supports leadership of mana whenua who have expertise in living in harmony with natural systems to care for their rohe and tāngata, using mātauranga Māori to guide how te taiao is valued and protected. The council supports climate resilience programmes across seven Auckland marae as part of the Resilient Marae Programme, and rangatahi Māori-led responses to the environment such as Mātātahi Taio to deliver climate action outcomes using traditional Māori knowledge systems and practices.

    About the progress snapshot

    The council group this year reports that based on the current allocation of funding for greenhouse gas emissions reduction, meeting the 2050 net zero target set in Te Tāruke-ā-Tāwhiri is becoming more challenging within timeframe and financial constraints. Regional emissions are also starting to rise, after they temporarily decreased during the COVID-19 pandemic.

    The report identifies that we all face big challenges in a climate-disrupted future. Better, resilient lives for everyone are possible through bold community climate planning, and a sustained collective commitment and effort from government, the council, businesses, communities and individuals to climate action.

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI Economics: Money Market Operations as on October 18, 2024

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 6,170.25 6.31 5.50-6.55
         I. Call Money 970.10 6.11 5.50-6.24
         II. Triparty Repo 4,266.15 6.34 5.81-6.55
         III. Market Repo 6.00 5.90 5.90-5.90
         IV. Repo in Corporate Bond 928.00 6.40 6.39-6.45
    B. Term Segment      
         I. Notice Money** 9,547.65 6.47 5.10-6.60
         II. Term Money@@ 1,233.00 – 6.85-6.90
         III. Triparty Repo 361,634.75 6.29 6.23-6.60
         IV. Market Repo 150,948.36 6.29 5.00-6.64
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo Fri, 18/10/2024 13 Thu, 31/10/2024 20,073.00 6.49
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Fri, 18/10/2024 3 Mon, 21/10/2024 54,755.00 6.49
    3. MSF# Fri, 18/10/2024 1 Sat, 19/10/2024 866.00 6.75
      Fri, 18/10/2024 2 Sun, 20/10/2024 0.00 6.75
      Fri, 18/10/2024 3 Mon, 21/10/2024 3,350.00 6.75
    4. SDFΔ# Fri, 18/10/2024 1 Sat, 19/10/2024 144,586.00 6.25
      Fri, 18/10/2024 2 Sun, 20/10/2024 0.00 6.25
      Fri, 18/10/2024 3 Mon, 21/10/2024 4,259.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -219,457.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    5. On Tap Targeted Long Term Repo Operations€ Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
    6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
    Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
    Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
    Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
    Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,222.87  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     10,762.87  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -208,694.13  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on October 18, 2024 991,699.56  
         (ii) Average daily cash reserve requirement for the fortnight ending October 18, 2024 1,001,756.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 18, 2024 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on October 04, 2024 488,495.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    € As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/1340

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Russia: NSU students entered the top 115 best students in Russia following the conference “Management of the Future”

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    Four students Faculty of Economics, NSU — Leonid Chistopolov, Anastasia Karunina, Alena Kozich and Makar Fedorov — entered the top 115 best students in Russia following the results of the XII conference “Management of the Future”, organized by the Graduate School of Management of St. Petersburg State University.

    The conference “Management of the Future” has been held since 2012 and attracts the most promising students interested in modern trends in management and business. The selection of participants consists of several stages: filling out a questionnaire with a resume and portfolio, a test of logic and mathematics, as well as a final video interview, which has become one of the most difficult tests for participants.

    — I learned about the conference from the previous head of Case Club NSU, who went to the conference last year and shared positive emotions. Therefore, I decided that I definitely needed to participate in the selection in order to meet ambitious students from all over Russia at the conference, hear expert opinions from top executives of large Russian companies on the topic of “Growth at the intersection of competencies” (the topic of this year’s conference), get a job opportunity and, of course, visit St. Petersburg! When I received the coveted letter of passage, of course, I was happy and felt confident in my abilities. And when I learned that three from NSU passed the selection, I realized that it was not in vain that I chose this university three years ago, — shared Anastasia Karunina.

    This year, the event brought together more than 100 students from all over the country, providing participants with unique opportunities to communicate with top managers of leading companies and participate in practical cases.

    — I decided to participate because I wanted to develop connections, expand my knowledge in the industries where I work, and see the city (I have never been to St. Petersburg). The conference gives me the opportunity to do all of this. When I found out that I had passed the selection, I was happy, — said Leonid Chistopolov.

    For university students, this is not only an opportunity to exchange experiences and establish new connections, but also a chance to demonstrate the high level of training at NSU.

    We congratulate the guys on such an important achievement and wish them success!

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

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

    http://vvv.nsu.ru/n/media/nevs/education/NSU students-entered the top-115-best-students-of-Russia-at-the-future-management-conference/

    MIL OSI Russia News –

    January 24, 2025
  • MIL-OSI China: China’s railway cargo transportation rises

    Source: China State Council Information Office 3

    This aerial photo shows a freight train loaded with auto parts, home appliances and textile products pulling out of the Xiahuayuan railway cargo terminal in Zhangjiakou, north China’s Hebei Province. [Photo/Xinhua]

    China’s railway network transported 1.004 billion tonnes of cargo in the third quarter of this year, marking a year-on-year increase of 3.8 percent and setting a new record for freight volume in a single quarter, official data showed Sunday.

    China’s railway industry has been improving its transportation services and efficiency to support the high-quality development of the economy, according to China State Railway Group Co., Ltd.

    During this period, railways handled 520 million tonnes of coal, up 3.5 percent year on year.

    The company said it will further speed up the development of a modern railway logistics network to facilitate domestic and international economic circulations, and reduce logistics costs.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI New Zealand: Breaking ground on the first new Road of National Significance

    Source: New Zealand Government

    Work has kicked off on the Hawke’s Bay Expressway Road of National Significance (RoNS) as the Government continues to move at pace to deliver infrastructure that enables Kiwis and freight to get to where they want to go quickly and safely, Transport Minister Simeon Brown says.

    “The Government is keeping its promise to New Zealanders to deliver a new generation of RoNS across the country that reduce congestion, unlock land for thousands of new houses, and boost economic growth as we rebuild the economy to reduce the cost of living. Delivering the infrastructure this country needs is a key part of our plan to rebuild the economy and boost productivity,” Mr Brown says. 

    “Early works have now started on the Hawke’s Bay Expressway RoNS to four-lane this critical corridor that carries 29,000 vehicles a day and links freight to one of New Zealand’s largest ports. The growing population and economy mean that the central section of this road is reaching capacity at peak times. Starting work now allows the NZTA to maximise the 2025/2026 construction season and bring forward the construction of this project by 12 to 15 months.”

    The Government is prioritising 17 RoNS which were highlighted in the Government Policy Statement on Land Transport, with seven new projects to begin procurement, enabling works and construction in the next three years.

    “New Zealand has an infrastructure deficit, and our Government is taking action to fix it. It’s not enough to just talk about projects and write endless business cases. Kiwis voted for a Government that would get on and build the infrastructure that our country needs. That is what we are doing, and we’re pleased to be able to show action within our first year. 

    “Four-laning the Hawke’s Bay Expressway will unleash national and regional economic growth and productivity by reducing travel times, increasing resilience, and improving safety for motorists. 

    “The Hawke’s Bay Expressway was critical to the resilience of the region during Cyclone Gabrielle, with other routes being cut off. This Road of National Significance will increase capacity, resilience, support residential growth, and provide a boost to the local economy by helping move freight more quickly to the Napier Port. 

    “NZTA is prioritising the Taradale Road to Pākowhai Road section of the Hawke’s Bay Expressway as it is the most congested part of the road, and will help ensure more reliable journey times for commuters and freight operators in the Bay. 

    “The Government will be delivering the benefits of better road infrastructure to Kiwis and businesses across the country, as progress ramps up on several other Roads of National Significance projects. Takitimu North Link Stage 1 is already underway, Ōtaki to North of Levin will begin construction next year, and the Northland Expressway is currently undergoing geotechnical work. 

    “The RoNS projects previously built by National are some of New Zealand’s most successful State Highway corridors, reducing congestion and improving safety. Moving at pace to build a new generation of RoNS signals our Government’s focus on prioritising investments that deliver real value to commuters and businesses.”

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI Australia: ​​DTA pilots new AI assurance framework​

    Source: Australia Digital Transformation Agency

    The DTA is exploring artificial intelligence (AI) assurance mechanisms for Australian Government agencies consistent with the National framework for the assurance of AI in government. Our approach to AI assurance prioritises human oversight and the rights, wellbeing, and interests of people and communities. 

    MIL OSI News –

    January 24, 2025
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