Category: Economy

  • MIL-OSI USA: Generative AI is Making it Easier for Fraudsters to Fool the Public

    Source: US Commodity Futures Trading Commission

    WASHINGTON, D.C. — A new Commodity Futures Trading Commission customer advisory says generative artificial intelligence is making it increasingly easier for fraudsters to create convincing scams. 
    According to the latest Office of Customer Education and Outreach customer advisory, Criminals Increasing Use of Generative AI to Commit Fraud, crooks are using AI to create fake images, voices, videos, live-streaming video chats, social media profiles, and malicious websites designed to look like legitimate financial trading platforms.  
    The OCEO advisory describes how fraudsters use AI to create fraudulent identifications with phony photos and videos that can appear very real if one is not familiar with the advances of AI technology. The fraudsters also are using AI to forge government or financial documents. An FBI public service announcement also warns the public about how criminals are using AI to commit fraud and how the technology is being used in relationship investment scams. 
    “Fraudsters can use new technologies to mask their identities, not only in still photographs, say, in social media profiles, but also in video chats that alter their facial features and voices to match,” said OCEO Director Melanie Devoe. “Identifying real from fake can be difficult. The best defense is to never give money to people you only meet online.” 
    The advisory provides specific actions people should take to protect themselves, including strengthening social media account privacy settings and keeping personal or sensitive information private, especially from people they only know online or callers using phone numbers they don’t recognize. 
    About the Office of Customer Education and Outreach
    OCEO is dedicated to helping customers protect themselves from fraud or violations of the Commodity Exchange Act through the research and development of effective financial education materials and initiatives. OCEO engages in outreach and education to retail investors. The office also frequently partners with federal and state regulators as well as consumer protection groups. The CFTC’s full repository of customer education materials can be found at: cftc.gov/LearnAndProtect.

    MIL OSI USA News

  • MIL-OSI USA: Coalition of Education Groups Hosts CT Premiere of “Counted Out” Math Documentary

    Source: US State of Connecticut

    On March 5, several Connecticut educational leadership groups co-hosted the statewide premiere of the documentary film “Counted Out” to support dialogue about Connecticut’s Equity in Mathematics Education joint position statement, which was unanimously endorsed by the Connecticut State Board of Education in 2023.

    “This statement asserts that mathematics education must support students’ math identities, ensure we modernize our mathematics programming, and structurally align and advance systems around this common vision,” said UConn alum Jeffrey Corbishley ’07 (ED), ’08 MA, president-elect of the Associated Teachers of Mathematics in Connecticut and emcee of the event.

    UConn alum Jeffrey Corbishley ’07 (ED), ’08 MA, is the president-elect of the Associated Teachers of Mathematics in Connecticut and emceed the film screening on March 5. (Shawn Kornegay/Neag School)

    Created by filmmaker Vicki Abeles, “Counted Out” focuses on how issues, such as political polarization, racial biases, social injustice, economic inequity, and climate change, can be better understood and addressed with math. In a world increasingly driven by data and numbers, the documentary states that understanding math is a powerful tool that can shape outcomes.

    More than 400 educators, community members, and leaders from workforce development and civic groups attended the screening, which was held at Central Connecticut State University’s Alumni Hall. Corbishley said the event was a unique opportunity for organizations to come together and begin conversations “around the need to look at the role of mathematics in the world and our need to make critical changes in mathematics education.”

    Besides Central, other co-hosts and sponsors of the event included:

    “Our theme in Connecticut this year is a universe of opportunities,” said Connecticut Education Commissioner Charlene Russell-Tucker, who gave welcome remarks at the event. “This means that, for all our students and school staff, there’s a future that knows no bounds and part of these universal opportunities is our work to support mathematics education.”

    “Math is more than numbers,” said Steven Minkler, dean of Central’s School of Engineering, Science, and Technology. “It’s a language that shapes how we understand and engage with the world around us. That’s why it’s our shared responsibility to ensure that every student has the opportunity to develop strong quantitative reasoning skills and the confidence to apply them in school, in their careers, and in their daily lives.”

    Jo Boaler, who is an author, co-founder of the math organization youcubed, and the Nomellini and Olivier Professor of Education at Stanford University’s Graduate School of Education, is featured in the documentary and attended the Connecticut premiere as keynote speaker, sharing insights, facilitating dialogue, and extending the film’s message.

    “Every time we learn, one of three things happens in the brain,” Boaler said. “We’re either forming a new pathway, connecting pathways, or strengthening pathways. There is no limit to what people can learn.”

    Through a mosaic of personal stories, expert insights, and real-world examples of math transformation, “Counted Out” reveals the consequences of maintaining the status quo. It raises questions about where math proficiency declines and how individuals can maintain an understanding of the mathematical foundation of society.

    Our theme in Connecticut this year is a universe of opportunities. … and part of these universal opportunities is our work to support mathematics education. &#8212 Charlene Russell-Tucker, Connecticut Education Commissioner

    Megan Staples, associate professor of mathematics education at the UConn Neag School of Education, helped coordinate the event. She emphasizes the importance of mathematics in making sense of critical decision-making in society. This includes the legal system (what’s fair in society), climate change (what’s changing and what steps can be taken), the standard of living (what is affordable housing, how do we provide it), and more.

    The documentary follows Glenn Rodriguez and Rebecca Galicia, whose lives were affected by math. Rodriguez was denied parole and applied mathematical research to analyze the algorithm that led to his denial and, ultimately, his release. Galicia was intimidated by the math components of nursing school, but eventually earned her nursing degree, which in turn substantially increased her income.

    “Robert Moses, a civil rights activist who the film was dedicated to, was a central figure in the film,” Staples says. “He talks about algebra as the new civil right, and if you don’t have a command of algebra, just based on how the pipeline works, then you can be denied economic opportunity regardless of mathematical knowledge requirements.”

    The overall message of the film is that numeric literacy is a critical determinant of social and economic power. It shapes our ability to navigate financial systems, assess risks, make informed decisions, and advocate for ourselves in an increasingly data-driven world.

    “It doesn’t matter what profession you go into, we need math-literate people everywhere,” Staples says. “And for those interested in education, consider teaching math, because it is a major way to impact the world.”

    To learn more about “Counted Out,” visit countedoutfilm.com or watch the trailer on YouTube.

    MIL OSI USA News

  • MIL-OSI: SoftServe Wins NVIDIA’s 2025 Americas NPN Service Delivery Partner of the Year

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, March 19, 2025 (GLOBE NEWSWIRE) — SoftServe, a premier IT consulting and digital services provider, today announced it has been selected as an NVIDIA Partner Network (NPN) 2025 partner of the year for service delivery in the Americas region. Being named NVIDIA’s 2025 Americas NPN Service Delivery Partner of the Year is a direct reflection of SoftServe’s catalyst work developing and launching a series of Generative AI (Gen AI) solutions built with NVIDIA Blueprints, providing a conduit for rapid enterprise AI adoption.

    SoftServe’s Service Delivery Partner of the Year Award recognize the company’s impact accelerating enterprise deployments with NVIDIA AI Enterprise and NVIDIA Omniverse using custom NVIDIA Blueprints that tap into NVIDIA NIM microservices, including the SoftServe QA Agent, which is the eighth SoftServe Gen AI solution in the series to hit the market.

    “Our teams helped propel NVIDIA Blueprints forward through rapid creation and execution of eight quality solutions that are driving Gen AI proliferation, integration, and innovation across many industries,” said Harry Propper, CEO of SoftServe. “This award is a testament to SoftServe’s mission to make our customers and partners successful. It’s also a well-deserved win underscored by the fact that SoftServe was organically nominated without prompt or application. Our hard work, ingenuity, and close collaboration with the NVIDIA team is what got us here today.”

    The global NPN Program provides partners with the expertise required to develop, deploy, and prioritize energy-efficient accelerated computing solutions designed for today’s most demanding machine learning and AI workloads. Previously, SoftServe was named the 2024 Consulting Partner of the Year for EMEA and the 2023 Outstanding Impact Partner of the Year, demonstrating the company’s strong support in the NVIDIA ecosystem.

    “Businesses racing to adopt AI seek trusted partners with a proven track record of delivering seamless AI experiences,” said Craig Weinstein, Vice President, Americas Partner Organization, NVIDIA. “SoftServe has demonstrated broad expertise in deploying tailored applications built with NVIDIA AI Enterprise, NVIDIA NIM microservices, and NVIDIA Omniverse to help businesses drive results across agentic and physical AI.”

    This year’s awards were announced during NVIDIA’s annual conference, GTC 2025, following the launch of SoftServe QA Agent, which aims to boost quality and assurance (QA) processes with AI test automation. SoftServe is showcasing three immersive demos, including the seventh solution Gen AI Retail Shopping Assistant, at GTC booth #1009.

    Catch the experts in action with presentations on AI content creation, space mission design with NVIDIA Omniverse, and more topics outlined in the GTC 2025 Session Catalog. For those at home to learn more about SoftServe’s collaboration with NVIDIA, please visit this website.

    ABOUT SOFTSERVE
    SoftServe is a premier IT consulting and digital services provider. We expand the horizon of new technologies to solve today’s complex business challenges and achieve meaningful outcomes for our clients. Our boundless curiosity drives us to explore and reimagine the art of the possible. Clients confidently rely on SoftServe to architect and execute mature and innovative capabilities, such as digital engineering, data and analytics, cloud, and AI/ML.

    Our global reputation is gained from more than 30 years of experience delivering superior digital solutions at exceptional speed by top-tier engineering talent to enterprise industries, including high tech, financial services, healthcare, life sciences, retail, energy, and manufacturing. Visit our websiteblogLinkedInFacebook, and X (Twitter) pages for more information.

    The MIL Network

  • MIL-OSI United Kingdom: Statement by Jim Allister KC MP in Response to the Third Parcels Border Implementation Date

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by Jim Allister KC MP in Response to the Third Parcels Border Implementation Date

    Jim Allister said:

    “Today we received yet another reminder of the fact that we are still being shielded from the destructive consequences of the Irish Sea border as it disinherits us from our wider home economy, on account of the fact that it has not yet been fully implemented and has indeed had its commencement postponed to a third date.

    “First the Irish Sea Parcels Border was to have been implemented on 30 September 2024, with seminars provided to help people get ready from April 2024.

    “Then on 19 September, in the context if growing concerns, and less than two weeks before implementation day, it was suddenly announced that it was being delayed until 31 March 2025.

    “Unbelievably today the Government has announced that it has been put back yet again until 1 May and now they are saying implementation will only begin on that date.

    “Trying to impose a customs border on parcels movements within a national economy is completely absurd, just as has been the attempt to frustrate the flow of other goods within what was the UK single market for goods through the imposition of other aspects of the customs border.

    “The costly and destructive implications of doing so are plainly demonstrated in the fact that we are now on our third commencement date and in the concerns eloquently presented by businesses to the Northern Ireland Affairs Select Committee last week.

    “The introduction of the parcels border would seal the demise of the UK single market for goods for many purposes and its replacement with what is effectively a GB single market for goods, and an island of Ireland single market for goods, subject to all island laws, imposed on us.

    “This is a deliberate attempt by the Republic of Ireland and wider EU to undermine the UK and is contrary to international law, including the Declaration on Principles of International Law, Friendly Relations and Co-operation among states in accordance with the Charter of the United Nations which states:

    ‘Every State shall refrain from any action aimed at the partial or total disruption of the national unity and territorial integrity of any other State or country.’

    “Lest anyone should be in any doubt about the importance of these principles, the Declaration also affirms:

    ‘The principles of the Charter which are embodied in this Declaration constitute basic principles of international law, and consequently appeals to all States to be guided by these principles in their international conduct and to develop their mutual relations on the basis of the strict observance of these principles.’

    And

    ‘Where obligations arising under international agreements are in conflict with the obligations of Members of the United Nations under the Charter of the United Nations, the obligations under the Charter shall prevail.’

    The introduction of the Parcels border would also place further pressure on the Windsor Framework itself by means of generating further trade diversion in violation of Article 16.

    “The Windsor Framework is now failing not only in the sense that it is causing real difficulty but in its own terms, generating trade diversion in violation of Article 16.

    “In this context it must be replaced with the viable alternative Mutual Enforcement.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Minister Kinnock speech at Pulse GP conference

    Source: United Kingdom – Government Statements

    Speech

    Minister Kinnock speech at Pulse GP conference

    Minister Stephen Kinnock spoke at the Pulse Live London Conference for GPs.

    Thank you very, very much indeed for that very kind welcome.

    It’s such an honour and a privilege to be here with you today, coming off the back of another quiet and uneventful week at the Department of Health and Social Care.

    So it’s really good to be with you today.

    Complexity – that’s a word and an idea that’s been on my mind a lot recently.

    And when you look at the agenda for these two days of pulse live – stimulating and hugely varied, it’s such an insight into the complexity that you face every day.

    As GPs, you don’t know who’s coming through the door with what and what it will ask of you.

    It’s your ability to deal with that complexity and the needs of the person in front of you that will largely define their experience of the health system.

    That responsibility and reality for you is so important to acknowledge and to honour.

    So really, I wanted to start by saying thank you.

    Thank you both as a representative of the government, but also just as a citizen of this country for everything that you do.

    And as we look at the transformation that our healthcare system needs, complexity is our reality.

    For some, it is the reason to say, no, we can’t change.

    It’s all too complex.

    It’s all too hard.

    But we know that the complexity of the challenge itself is a call to action.

    It’s a call to get started on the work that needs to be done, because delay only intensifies complexity.

    And it’s also because of the scale of the mess that we inherited. [Political content redacted].

    When we came into office last year, we were facing a primary care sector that was underfunded, understaffed and in crisis.

    A bizarre situation where people were looking for GPs and qualified GPs were looking for jobs, and GPs were spending far too much of their time – a fifth of their working hours – in the back office pushing paper due to poor communication with secondary care.

    So we are utterly committed to getting primary care back on its feet.

    For every GP and for all those who need their family doctor, within weeks of coming into office, we put in place just shy of £100 million to put a thousand more GPs onto the frontline.

    And in October we included GPs in the additional roles reimbursement scheme and practice.

    Nurses are going to be included from April.

    At the Autumn Budget, the Chancellor announced £100 million of capital for GP estate upgrades over the next financial year.

    And just before Christmas, we announced an additional £889 million, which was the biggest uplift to the GP contract in years.

    Now, as you all experience every day, the context of every decision matters, that we have made these choices in the context of the dire financial situation we found in July last year, hopefully tells you that we both understand the reality of general practice now, and that we are determined to change it.

    So why are we so determined?

    You’ve probably heard me or Wes talk about the three shifts that we need to make over the next ten years to make our health service fit for the future: from hospital to community, from sickness to prevention, and from analogue to digital.

    Well, GPs are pivotal to all of those three shifts.

    You sit at the heart of our NHS and you are its front door, but you’ve been neglected for far too long.

    When you ask people what their top priority for the NHS is, the chances are they’ll say, fix general practice.

    And from the Treasury’s point of view and the taxpayers’ point of view, a GP appointment costs around £40, whilst a visit to A&E costs up to £400.

    So it is perfectly sensible to prioritise primary care as a way to relieve pressure on those parts of the service that are struggling to cope.

    Now look, none of the problems in general practice are going to be fixed overnight.

    We’ve taken the important first steps to fix the broken door, and you should look at all of our decisions in the context of reversing the decade long cuts to GPs as a share of the NHS total budget, and we will be, for the first time in a very long time, reversing that trend.

    Our GPs are already going above and beyond, delivering more than ever, with over a million appointments a day last year, but with only a fraction more qualified GPs than there were in 2019.

    So that’s why it’s been so important for us to reset our relationship, and I’m proud of the progress that we’ve made together since July.

    Following extensive consultation and collaboration with the General Practitioners Committee of the BMA, the committee voted to accept the 25/26 GP contract, the first agreement in four years.

    I’d like to extend my appreciation to Dr Katie Bramall-Stainer and her team for the collaborative and constructive way in which they engaged in the recent contract consultation.

    We greatly appreciate their efforts and look forward to continuing this positive working relationship going into the future.

    This is a fair deal for patients, the profession and the public purse.

    And it’s the product of a relationship that’s built on dialogue, trust and respect.

    In place of strife, we see the 25/26 GP contract as an important first step in shifting the focus of healthcare out of the hospital and into the community, and towards rebuilding general practice.

    And today, we hope that GPs across the country can see our genuine intent to continue working together with GPs to build an NHS that is fit for the future.

    So I want this to be a conversation today, so not a lecture.

    So let me just quickly touch upon a few things that I hope will come up in our discussion.

    First, moving to a neighbourhood health service.

    I hope our investment and contract changes are the first steps towards broader reform.

    Primary care will be the foundation of the service with GPs at its heart.

    Second, bringing back the family doctor.

    The new contract will support practices to identify and prioritise patients who would benefit most from continuity of care, such as those with complex and long term conditions.

    And this was a pledge that was at the heart of our manifesto.

    Third, cutting bureaucracy.

    Back in October, we launched our Red Tape Challenge to bust bureaucracy between primary and secondary care.

    We also announced that we’re bringing NHS England back into the department, to scrap duplication and to give more power and tools to local leaders and systems so they can better deliver for their local communities.

    We’ve been listening closely to the sector, learning about what works and what needs to change, and we are removing 32 outdated indicators in the Quality Outcomes framework while prioritising key areas of prevention, such as cardiovascular disease.

    Fourth, integration – we are reinforcing collaboration between general practice and pharmacies by improving access to records for community pharmacists to give patients more coordination of care.

    Fifth, on waiting lists, we will invest up to £80 million supporting GPs to seek specialist advice before making referral, reducing unnecessary hospital visits and ensuring patients receive the right care at the right time.

    We could also touch on digital.

    The shift from analogue to digital must come with more online access for patients, providing parity with walk in and telephone access.

    These actions reflect our commitment to securing the long term sustainability of general practice as part of a wider transformation of the NHS.

    It is Change NHS.

    The development of a 10 Year Health Plan that we want to be shaped by as much expertise and lived experience as humanly possible.

    Change NHS is the biggest ever conversation about the NHS, with over 2,900 staff at workshops and events.

    This has been a collective effort and I want to take the opportunity to thank all of our partners for running 600 events in communities across the UK to ensure those whose voices often go unheard can have their say.

    We see GPs as the bedrock of the NHS and the 10 Year Health Plan.

    That’s why we’re engaging with GPs online and in person, and working with the BMA to promote these opportunities to its members.

    The 10 Year Health Plan represents a major opportunity for your profession to shape the next 50 years of health care in this country and beyond.

    We are seeking submissions until the 14th of April, so please make sure you’ve had your say.

    There’s still some time to provide your inputs and your insights.

    The relationship we want with the general practice profession is bigger than just one contract.

    It’s about partnership that can work through the complexity to create a system that works and delivers for the people that all of us serve.

    We will keep working with you, the BMA and the wider profession to shape the future of general practice.

    Moving towards a neighbourhood health service that focuses on prevention and proactive care.

    It’s why I’m so grateful to have the chance to be here and speak with you today.

    General practice is the front door of the NHS, so let’s fix it together. Thank you.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI Global: A ‘golden age’ of global free trade is over. Smaller alliances can meet the moment

    Source: The Conversation – France – By Armin Steinbach, Professor of Law and Economics, HEC Paris Business School

    The global trade landscape is shifting, and not in the way free traders had hoped. For decades, the belief that economic openness could foster peace and stability reigned supreme. Trade, it was argued, could transform authoritarian regimes into more peaceful players. But Russia’s invasion of Ukraine has shattered this way of thinking. Rather than mourning the end of a multilateralism based on states’ commitments to jointly agreed trade rules, we should see it as a necessary adjustment to a world where economic security takes precedence over market efficiency, and resilience over cost minimization.

    The World Trade Organization (WTO), which has constrained protectionism since its inception in 1995, is no longer the linchpin of global trade it once was. Multilateral trade talks have stagnated, and the WTO’s dispute settlement system is in paralysis. The US, once a champion of rules-based trade, now finds strategic advantage in a world where power dynamics outweigh legal frameworks. Years of negotiations on agriculture and fisheries subsidies have yielded little progress, underscoring the difficulty of reaching consensus among increasingly divergent national interests.



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    Consider the Uruguay Round negotiations in the 1990s that led to the establishment of the WTO – a rare moment when 123 countries found common ground on liberalizing trade in goods, services and intellectual property. That success stemmed from a broad agenda that offered enough variety to create win-win scenarios for all. Today, narrow negotiation agendas make compromise far harder to achieve.

    Free trade agreements are emerging less frequently: the average number of new trade agreements per year since 2020 is less than half the average of the previous decade. Meanwhile, protectionist measures have proliferated: there were about five times as many in 2023 as in 2015. Regardless of US President Donald Trump’s tariff frenzy, governments are erecting trade barriers and adopting policies that favour domestic industries, driven by the need to secure critical supply chains.

    The trend is clear: trade liberalization is no longer the top priority for most countries. Instead, security concerns are reshaping trade policy, echoing the arguments of the 18th-century philosopher Adam Smith. In The Wealth of Nations, Smith argued that national defence is more valuable than economic wealth. (“Defence,” he wrote, “is of much more importance than opulence”). This idea feels particularly relevant today. In a world of geopolitical conflict, trade is often yielding to strategic concerns.

    The United Nations, despite its mission to maintain peace, has struggled to prevent conflict. If international law cannot deter aggression, economic policy must step in.

    Security-driven trade

    For the EU, this translates into using its trade policy instruments, especially vis-à-vis China, on the basis of a careful dependency analysis that identifies strategic commodities and products. As the European Commission sets self-sufficiency benchmarks for green technologies following the bloc’s Net-Zero Industry Act, it errs if it sees the substitution of domestic products for imports as the right way to reduce dependencies. In most cases, reducing import concentration will require diversifying suppliers rather than European self-production.

    Security-driven trade requires shifting away from fragile multilateralism toward more selective, regional alliances. These “trade clubs” would align economic interests with shared security priorities. The EU’s strengthening ties with the South American Mercosur states, a group of non-hegemonic countries reliant on open trade, exemplify this approach. Intensifying trade with targeted countries could be the best response to Trump’s tariffs, avoiding the lose-lose outcome of tit-for-tat tariff wars. The goal of autonomy from an unpredictable US offers a good framework for crafting new bilateral relationships.

    Another example is the idea of a “climate club”, which policy-makers have discussed for some time. Climate clubs would consist of countries that agree on joint strategies to reduce carbon emissions while fostering energy security and protecting their economies from competitors without adequate carbon pricing.




    À lire aussi :
    Trump protectionism and tariffs: a threat to globalisation, or to democracy itself?


    The challenge is to distinguish between “legitimate” and “illegitimate” security claims. The latter refer to countries’ growing abuse of the national security card to justify trade policies. WTO dispute settlement panels ruled against the “self-judging” character of national security claims, hence subjecting them to legal scrutiny, but this “rule of law” approach has only heightened rejection of the WTO system on the US side. To limit abuse, the EU should seek alignment with the US on issues of common concern, such as responding to industrial overcapacity or preventing technology leaks. A joint approach could avert nationalist unilateralism.

    A new focus for the WTO

    Some worry this shift away from multilateralism could disadvantage poorer nations, leaving them vulnerable to the whims of powerful ones. However, regional trade alliances can empower smaller states. For example, the African Continental Free Trade Area (AfCFTA) gives African nations collective bargaining power they might lack individually. Since its inception with 22 signatories, AfCFTA has grown to include 48 countries, enhancing the continent’s influence in global trade.

    Abandoning multilateralism doesn’t mean sidelining the WTO entirely. Instead, the WTO can refocus on smaller, “plurilateral” agreements among like-minded countries. This “coalition of the willing” approach has already proven effective in areas like e-commerce and investment facilitation. The WTO can remain a forum for building consensus, but its future lies in fostering flexible partnerships rather than pursuing grand, all-encompassing trade deals. In a fragmented world, these smaller agreements could yield the most meaningful progress. Nascent but promising plurilateral efforts are under way to tackle fossil fuel subsidies and environmentally sustainable plastics trade.

    The golden age of global free trade may be over, but that doesn’t spell disaster. As nations grapple with security challenges, trade policy must evolve to reflect new priorities. Strategic alliances, diversified supply chains and targeted trade agreements will shape the future of global commerce. Rather than lament the decline of multilateralism, we should embrace this shift as a necessary response to a more volatile world. In doing so, we can craft a trade policy that prioritizes resilience and security, safeguarding both economic stability and national interests.

    Armin Steinbach ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    ref. A ‘golden age’ of global free trade is over. Smaller alliances can meet the moment – https://theconversation.com/a-golden-age-of-global-free-trade-is-over-smaller-alliances-can-meet-the-moment-251438

    MIL OSI – Global Reports

  • MIL-OSI Global: Why international students could be a critical factor in bolstering Canada’s economic resilience

    Source: The Conversation – Canada – By Isaac Garcia-Sitton, Associate Faculty, School of Education and Technology, Royal Roads University

    In early 2024, the federal government imposed a two-year cap on new study permits. (Shutterstock)

    For decades, international students have contributed to Canada’s research enterprise, workforce development and economic growth.

    Now, as Canada navigates strained relations and an escalating trade war with its largest economic partner, it’s important policymakers stop overlooking international education that could be a critical factor in bolstering Canada’s resilience.

    Unlike volatile trade agreements and fragile supply chains, international education provides a stable, long-term economic and social advantage.




    Read more:
    Canadian supply chains are at the epicentre of Trump’s potential trade war


    Contributions

    In 2018, international students contributed $21.6 billion to Canada’s post-secondary institutions, local communities and gross domestic product (GDP).

    By 2022, that figure had grown to $37.3 billion. This represented just over 23 per cent of Canada’s total service exports and around five per cent of total merchandise exports. The economic contributions from international education outpaced economic contributions from other industries — such as softwood lumber and auto parts.

    But their contributions extend far beyond financial impact. International students drive cutting-edge research in artificial intelligence, clean energy, biotechnology and climate science. This strengthens Canada’s innovation ecosystem and global competitiveness.

    International students also serve as vital ambassadors — diversifying trade connections and expanding Canada’s global reach.

    Despite their undeniable value, recent policy shifts risk undermining Canada’s position as a top destination for global talent. In early 2024, the federal government imposed a two-year cap on new study permits. The cap would mean approximately 360,000 study permits would be approved in 2024 — a decrease of 35 per cent from the previous years.

    However, institutions fell well below the imposed cap. This wasn’t due to a lack of demand but because of the rushed, poorly managed roll-out that amplified disruption beyond expectations. In fall 2024, the number of permits granted was on track to drop by 45 per cent compared to the previous year.

    The government plans a further 10 per cent cut in 2025 and 2026 and will cap approvals at 437,000. They will also, for the first time, restrict master’s and PhD students — limiting access to Canada’s research ecosystem.

    Talent and innovation

    While a cap may have been necessary to moderate the sector’s growth, its rollout created uncertainty for institutions and students. This damaged Canada’s reputation for high-quality education. The impact to our global standing as a top destination for international students will take years to repair.

    The government plans cap student visa approvals at 427,000 by 2026.
    (Shutterstock)

    This policy shift is especially concerning given Canada’s ongoing innovation and productivity challenges. A recent report from U15 research institutions shows Canada lags behind its peers in the Organization for Economic Co-operation and Development (OECD). It’s mainly falling behind in research and development intensity, private sector innovation and technology adoption.

    In 2022, Canada’s research and development spending stood at just under two per cent of GDP. This is well below the OECD average of around three per cent.

    Many small and medium-sized businesses rely on university partnerships for research and development. Cutting international graduate student numbers disrupts these collaborations — hindering innovation at a time when Canada can least afford it.

    Policymakers claim restricting international student permits will ease labour market pressures. But the real problems with the labour market lie in skill mismatches, underemployment and employer hiring biases — not the number of international students.




    Read more:
    Canadian immigrants are overqualified and underemployed — reforms must address this


    With unemployment at around six-and-a-half per cent and youth unemployment at 13.6 per cent, concerns about job competition are valid. Yet newcomers and international students face significant barriers in finding jobs in their fields.

    In 2024, the unemployment rate for recent immigrants reached 11 percent. This is nearly double the unemployment rate for Canadian-born workers. Despite holding advanced degrees, two-thirds of foreign-trained professionals remain underemployed. This may be due to employers undervaluing international credentials and prioritizing “Canadian experience.”

    This trend extends to international student graduates who remain less likely than their Canadian peers to find jobs that match their level of education. In 2023, just over 36 per cent of international graduates with a bachelor’s degree secured roles requiring a university-level qualification, compared to just under 59 per cent of Canadian graduates. International student graduates also earn significantly lower salaries, despite having similar levels of job satisfaction.

    International student graduates face barriers in findings employment.
    (Shutterstock)

    Like many newcomers, I personally faced this Canadian experience barrier when I entered the workforce over 15 years ago as a permanent resident. Despite my education, multilingual abilities and professional skills, I submitted hundreds of applications and secured only a handful of interviews before landing my first opportunity. This frustrating, unnecessary and economically wasteful struggle remains just as prevalent today.

    These barriers not only limit individual potential but also weaken Canada’s ability to harness the talent it attracts.

    Addressing systemic issues

    International students are more than workers — they’re entrepreneurs, innovators and future job creators.

    For instance, as of 2022, nearly 180 of the U.S.’s billion-dollar companies were founded by former international students. Each of these companies created an average of 800 jobs and made up nearly a quarter of all dollar companies.

    Canada risks losing similarly bright minds to more welcoming countries if clear pathways for them to stay, contribute and build businesses aren’t established. This would cost the country both talent and billions in economic potential.

    If Canada is serious about building a stronger, more competitive economy, it must address the systemic issues that stand in the way of international student success.

    This includes modernizing credential recognition so employers can fairly assess international experience and qualifications, expanding co-op programs, internships and mentorships so international students can gain relevant Canadian experience before graduation and protect them from misinformation and questionable recruitment practices.

    Employers need to be educated about immigration pathways to reduce hiring hesitancy. The government also must create a stable and predictable immigration policy framework to give businesses confidence in hiring international graduates.




    Read more:
    International university grads speak about aspirations and barriers


    As Canada continues to face labour shortages and growing economic and political volatility, international education remains a strategic asset. It fuels research, diversifies trading partners, supports innovation and supplies the workforce Canada needs for long-term prosperity.

    The future of Canada’s economy depends on its ability to attract and retain the thinkers, creators, and innovators who will define the next generation of progress. At this critical moment, Canada must decide if it will invest in the talent that fuels innovation, or close the door on opportunity.

    Isaac Garcia-Sitton is affiliated with the Canadian Bureau for International Education (CBIE), the Council of Ontario Universities (COU), and the Council of International Schools (CIS)

    ref. Why international students could be a critical factor in bolstering Canada’s economic resilience – https://theconversation.com/why-international-students-could-be-a-critical-factor-in-bolstering-canadas-economic-resilience-251985

    MIL OSI – Global Reports

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Achieves Efficiency Through State and Local Preparedness

    Source: The White House

    ENHANCING EFFICIENCY THROUGH STATE AND LOCAL PREPAREDNESS: Today, President Donald J. Trump signed an Executive Order to empower states, localities, and citizens to more effectively prepare for incidents like cyber attacks and weather events.

    • The Order enables state and local governments to better understand, plan for, and address the needs of their citizens by reducing the complexity of federal preparedness and response policies.
    • It also launches a National Resilience Strategy that articulates the priorities, means, and ways to advance the resilience of the nation.
    • The Order calls for a review of all infrastructure, continuity, and preparedness policies to modernize and simplify federal approaches, aligning them with the National Resilience Strategy. This includes:
      • Shifting national critical infrastructure policy from an “all-hazards” approach to a risk-informed approach, prioritizing resilience and action over mere information sharing. 
      • Overhauling national continuity policy to modernize its framework, streamline operations, and right-size the federal footprint for sustained readiness.
      • Evaluating national preparedness policies to reformulate the process and metrics for federal responsibility.
    • The Order creates a National Risk Register to identify, describe, and measure risks to our national infrastructure, related systems, and their users in order to guide smarter spending and planning.
    • The Order streamlines federal functions so states and communities can work with Washington more easily and effectively.

    SAVING LIVES THROUGH EARLY PREPAREDNESS: President Trump knows that Americans need fast, effective help when crises hit—not delays or excuses.

    • This Order injects common sense into both infrastructure prioritization and strategic investments through risk-informed decisions. This will make our infrastructure, communities, and economy more resilient to global and dynamic threats and hazards.
    • Local leaders and citizens know their needs best—not bureaucrats in Washington, D.C.
    • The Order streamlines operations and updates relevant government policies to reduce complexity, increase efficiency, and better protect and serve Americans. It enables state and local governments to better understand, plan for, and address the needs of their citizens.

    EMPOWERING STATES AND LOCAL COMMUNITIES: This Executive Order delivers on President Trump’s commitment to shift power from Washington to the American people.

    • In his first week back in office, President Trump established a task force to assess FEMA’s ability to effectively address disasters occurring within the United States.
    • President Trump also signed an Executive Order to ensure California gets adequate resources to fight wildfires and assist California and North Carolina in rebuilding quicker, putting local needs first.

    MIL OSI USA News

  • MIL-OSI USA News: Achieving Efficiency Through State and Local Preparedness

    Source: The White House

    class=”has-text-align-left”>By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:

    Section 1. Purpose. Commonsense approaches and investments by State and local governments across American infrastructure will enhance national security and create a more resilient Nation. Federal policy must rightly recognize that preparedness is most effectively owned and managed at the State, local, and even individual levels, supported by a competent, accessible, and efficient Federal Government. Citizens are the immediate beneficiaries of sound local decisions and investments designed to address risks, including cyber attacks, wildfires, hurricanes, and space weather. When States are empowered to make smart infrastructure choices, taxpayers benefit.

    This order empowers State, local, and individual preparedness and injects common sense into infrastructure prioritization and strategic investments through risk-informed decisions that make our infrastructure, communities, and economy resilient to global and dynamic threats and hazards.

    Sec. 2. Policy. It is the policy of the United States that State and local governments and individuals play a more active and significant role in national resilience and preparedness, thereby saving American lives, securing American livelihoods, reducing taxpayer burdens through efficiency, and unleashing our collective prosperity. In addition, it is the policy of the United States that my Administration streamline its preparedness operations; update relevant Government policies to reduce complexity and better protect and serve Americans; and enable State and local governments to better understand, plan for, and ultimately address the needs of their citizens.

    Sec. 3. Updating Federal Policy to Save Lives and End the Subsidization of Mismanagement. (a) National Resilience Strategy. Within 90 days of the date of this order, the Assistant to the President for National Security Affairs (APNSA), in coordination with the Assistant to the President for Economic Policy and the heads of relevant executive departments and agencies (agencies), shall publish a National Resilience Strategy that articulates the priorities, means, and ways to advance the resilience of the Nation. The National Resilience Strategy shall be reviewed and revised at least every 4 years, or as appropriate.

    (b) National Critical Infrastructure Policy. Within 180 days of the date of this order, the APNSA, in coordination with the Director of the Office of Science and Technology Policy and the heads of relevant agencies, shall review all critical infrastructure policies and recommend to the President the revisions, recissions, and replacements necessary to achieve a more resilient posture; shift from an all-hazards approach to a risk-informed approach; move beyond information sharing to action; and implement the National Resilience Strategy described in subsection (a) of this section. For purposes of this order, critical infrastructure policies do not include any policies related to purported “misinformation,” “disinformation,” or “malinformation,” nor so-called “cognitive infrastructure,” which should be reevaluated consistent with the policy set forth in Executive Order 14149 of January 20, 2025 (Restoring Freedom of Speech and Ending Federal Censorship), through a separate process. The policies to be reviewed and recommended for modification, as appropriate, include:

    (i) National Security Memorandum 16 of November 10, 2022 (Strengthening the Security and Resilience of United States Food and Agriculture);

    (ii) National Security Memorandum 22 of April 30, 2024 (Critical Infrastructure Security and Resilience);

    (iii) Executive Order 14017 of February 24, 2021 (America’s Supply Chains); and

    (iv) Executive Order 14123 of June 14, 2024 (White House Council on Supply Chain Resilience).

    (c) National Continuity Policy. Within 180 days of the date of this order, the APNSA, in coordination with the heads of relevant agencies, shall review all national continuity policies and recommend to the President the revisions, recissions, and replacements necessary to modernize and streamline the approach to national continuity capabilities, reformulate the methodology and architecture necessary to achieve an enduring readiness posture, and implement the National Resilience Strategy described in subsection (a) of this section. The policies to be reviewed and recommended for modification, as appropriate, include:

    (i) Executive Order 13618 of July 6, 2012 (Assignment of National Security and Emergency Preparedness Communications Functions);

    (ii) Executive Order 13961 of December 7, 2020 (Governance and Integration of Federal Mission Resilience);

    (iii) National Security Memorandum 32 of January 19, 2025 (National Continuity Policy); and

    (iv) Executive Order 14146 of January 19, 2025 (Partial Revocation of Executive Order 13961).

    (d) Preparedness and Response Policies. Within 240 days of the date of this order, the APNSA, in coordination with the heads of relevant agencies and informed by the reports and findings of the Federal Emergency Management Agency Council established pursuant to Executive Order 14180 of January 24, 2025 (Council to Assess the Federal Emergency Management Agency), shall review all national preparedness and response policies and recommend to the President the revisions, recissions, and replacements necessary to reformulate the process and metrics for Federal responsibility, move away from an all-hazards approach, and implement the National Resilience Strategy described in subsection (a) of this section. The policies to be reviewed and recommended for modification, as appropriate, include:

    (i) Executive Order 12656 of November 18, 1988 (Assignment of Emergency Preparedness Responsibilities);

    (ii) Homeland Security Presidential Directive 5 of February 28, 2003 (Management of Domestic Incidents);

    (iii) Presidential Policy Directive 8 of March 30, 2011 (National Preparedness);

    (iv) Presidential Policy Directive 22 of March 28, 2013 (National Special Security Events); and

    (v) Presidential Policy Directive 44 of November 7, 2016 (Enhancing Domestic Incident Response).

    (e) National Risk Register. Within 240 days of the date of this order, the APNSA, in coordination with the Director of the Office of Management and Budget and the heads of relevant agencies, shall coordinate the development of a National Risk Register that identifies, articulates, and quantifies natural and malign risks to our national infrastructure, related systems, and their users.

    (i) The quantification produced by the National Risk Register shall be used to inform the Intelligence Community, private sector investments, State investments, and Federal budget priorities.

    (ii) The National Risk Register shall be reviewed and revised at least every 4 years, or as appropriate, to evolve with the dynamic risk landscape.

    (f) Federal National Functions Constructs. The Federal Government organizes national preparedness and continuity through the bureaucratic and complicated lens of overlapping and overbroad “functions,” which include: the National Essential Functions, Primary Mission Essential Functions, National Critical Functions, Emergency Support Functions, Recovery Support Functions, and Community Lifelines. Within 1 year of the date of this order, the Secretary of Homeland Security shall propose changes to the policies outlining this framework and any implementing documents to ensure State and local governments and individuals have improved communications with Federal officials and a better understanding of the Federal role. This proposal shall be coordinated through the process established by National Security Presidential Memorandum 1 of January 20, 2025 (Organization of the National Security Council and Subcommittees), or any successor processes, before being submitted to the President through the APNSA.

    Sec. 4. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:

    (i) the authority granted by law to an executive department or agency, or the head thereof; or

    (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

    (b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

    (c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

                                   DONALD J. TRUMP

    THE WHITE HOUSE,
    March 18, 2025.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Securing the future of aviation

    Source: United Kingdom – Executive Government & Departments 2

    Speech

    Securing the future of aviation

    Secretary of State for Transport outlines next steps for modernising the aviation sector at the AirportsUK annual dinner.

    Good evening, everyone, and thank you Karen for inviting me tonight (18 March 2025). 

    I know better than to stand between people and their dinner, so rest assured I will keep my remarks brief.

    And despite this being my second aviation speech in less than a month, you’ll be glad to know I haven’t run out of things to say. I haven’t even exhausted my best material about feedstocks and revenue certainty mechanisms – so brace yourselves.

    But, seriously, it really is a pleasure to be here. I hope you feel, as I do, that these are exciting times for your sector, with much to focus on in 2025 and beyond.

    But let me start with the remarkable year you’ve just had. Bristol exceeding 10 million annual passengers for the first time. Or the busiest year on record for Manchester and Stansted. All told, passenger levels at UK airports were 7% higher in 2024 than the previous year.

    I know none of this happens by accident. Much is down to the changes you’ve made to the passenger experience. The technology you’re implementing. And the investments you’re making to increase capacity.

    Looking longer term, it’s clear this is a trend, not an unusual year. In fact, everything points to a record-breaking 2025 – and it’s easy to see why.

    The world has never been more interconnected. The desire for travel never stronger. Global forecasts show a near doubling of passengers and cargo in the next 20 years  

    So the demand is there. It’s growing. And if we don’t seize it, we not only risk being outpaced by European competitors, but we will be on the wrong side of public aspirations.

    Obviously, I’m preaching to the converted here. But it is brilliant that, right across our airports, we’re seeing palpable optimism for the future.  

    Heathrow’s £2.3 billion investment to overhaul its infrastructure. The best ever financial results for Newcastle, ahead of a £17 million investment to resurface its runway and taxiway. And European Cargo’s decision to choose Cardiff as its second UK base – with regular flights to China.

    But these impacts aren’t just felt within the industry, but outside too. Take Leeds Bradford. Where plans to upgrade its terminal will see a £940 million boost to the local economy, creating thousands of new jobs.

    These investments reveal airports not only as hubs for travel, but hubs for growth – driving jobs, creating opportunity and facilitating the trade which underpins our way of life.

    Now more than ever, you need a government that recognises this. That’s why we see airports as a crucial pillar of our Plan for Change. And it’s why we’ve  acted, and acted quickly, across 3 areas – starting with expansion. 

    It’s no secret that long ignored capacity issues in the south-east, has meant some of our major airports are now bursting at the seams.

    And yet – when it came to expansion – too many people stuck their heads in the sand. It left the industry in a perpetual holding pattern, with decisions circling around Whitehall for years, waiting for a clear signal. 

    Earlier this year, the Chancellor gave that signal – taking the brakes off growth by welcoming plans for a third runway at Heathrow. Britain’s first full-length runway in nearly 25 years. 

    Now, my job has to be balancing the economic benefits of expansion with our social and environmental commitments.

    That underpinned my announcement a few weeks ago on Gatwick, where I set a clear path for expansion if certain conditions are met.

    And, of course, I’ll be making an announcement on Luton very shortly.

    But while I cannot go into any more details tonight – let me say this. I will never accept the false trade off that pits growing aviation against protecting our environment. I honestly believe we can, and must, do both. And how we do that is already being answered – by many in this room.

    Firstly, we cannot hope for quieter, cleaner and greener flights if our most critical piece of infrastructure is stuck in the past.

    Modernising our airspace will create more efficient flight paths, ensure quicker climbs and smoother descents, and help meet our commitments to noise and emission reduction.  

    So, I was grateful for the views you shared on the UK Airspace Design Service (UKADS) – the body that will drive this work. And you’ll have heard that the Chancellor has now given the green light. Not just for a new UKADS but also to reviewing key processes behind modernising our airspace, and to an Airspace Design Support Fund to deliver faster progress.

    We are now working with NATS on the shared goal that UKADS will be up and running this year. 

    Of course, to make progress on this critical reform agenda, we will rely heavily on your support and collaboration. Without that, we cannot maintain the pace we need. So I’m pleased that so many of you are already working constructively with airlines and local communities on your proposals.

    Alongside this, we must ramp up work on reducing emissions. Green flight isn’t only essential for the industry, it’s existential.

    Of course, sustainable aviation fuels will play a major role. It’s why we’ve signed the SAF Mandate into law.

    It’s why we’ve now launched a consultation into a price guarantee for UK SAF producers and investors. And it’s why we’ve backed homegrown SAF projects to the tune of £63 million via the Advanced Fuel Fund.  

    But SAF isn’t the only piece to this puzzle. Lighter wings and more efficient engines will play their part. As will new forms of zero-emission aircraft and supporting infrastructure.

    Many of you have also set net zero targets for your airport operations in advance of 2040. And I’m thrilled to see you following through with solar panels helping power Birmingham and Newcastle airports. And hydrogen power being trialled on the ground at Exeter and Bristol. 

    All this matters. Expansion. Modernisation. Decarbonisation. These 3 areas will secure this industry’s future. 

    It’s why the government has wasted little time in:

    • consulting on reforms
    • getting legislation on the books
    • making the crucial decisions on expansion and growth

    And doing in 8 months, what previously has taken years.

    Of course, challenges remain – I’m not blind to that. But throughout, I promise I will be working with you to remove the barriers holding you back.  

    Thank you.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI Security: Van Zandt Electrical Contractor Sentenced in Wire Fraud Conspiracy

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    TYLER, Texas – A Canton man has been sentenced to federal prison for his role in a wire fraud conspiracy in the Eastern District of Texas, announced Acting U.S. Attorney Abe McGlothin, Jr.

    James Derr, 55, pleaded guilty to conspiracy to commit wire fraud and was sentenced to 46 months in federal prison by U.S. District Judge Jeremy Kernodle on March 18, 2025.  Derr was also ordered to pay $2,615,585.93 in restitution.

    According to information presented in court, Derr, an electrical contractor with J&D Electric, was involved in a conspiracy with Rebekah Mitchell and Brittany Burton to divert equipment for their own financial gain.  Between March of 2017 and May of 2021, Mitchell used her position at Schneider Electric in Athens to steal Schneider Electric circuit breakers from their inventory and direct the shipment of the stolen circuit breakers to locations where Derr could take possession of them.  Mitchell paid Burton to use her position at J&K Storage in Flint to receive shipments of stolen Schneider Electric circuit breakers at J&K Storage.  Mitchell created fraudulent documentation in the purchase order and/or bill of lading logistics systems depicting fictional customers that resulted in the shipment of Schneider Electric circuit breakers to locations that she and Derr agreed upon, which included, on approximately 11 occasions in 2017 and 2018, J&K Storage. Derr took possession of the Schneider Electric products at various locations and sold them to various buyers. Derr shared the proceeds of these sales with Mitchell in consideration for her role in the conspiracy.  As a result, Derr, Mitchell and Burton caused Schneider Electric to suffer a financial loss of approximately $2,615,585.93.

    On February 18, 2025, Mitchell was sentenced to 34 months in federal prison and was also ordered to pay $2.6 million in restitution to Schneider Electric. Burton pleaded guilty to her role in the conspiracy and is currently awaiting sentencing.

    This case was investigated by the FBI Tyler Field Office and prosecuted by Assistant U.S. Attorney James Noble.

    ###

    MIL Security OSI

  • MIL-OSI: Hola Prime Unveils Enhanced Compliance Review Framework to Strengthen Fair Trading Practices

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, March 19, 2025 (GLOBE NEWSWIRE) — Hola Prime has presented a major enhancement to its compliance framework, reinforcing its commitment to transparency and accountability in proprietary trading. As regulators and market participants call for greater compliance, Hola Prime has implemented a robust monitoring system to uphold fair and ethical trading practices.

    Hola Prime’s compliance structure is a 24/7 Compliance Review system designed to ensure fair and ethical trading practices. A dedicated compliance team actively monitors trade execution, fund allocation, and reviews trader activity in real-time, preventing potential market manipulation and irregularities. Each trader undergoes an extensive review before being funded, eliminating any potential exploitation of loopholes and ensuring that all profits stem from genuine, skill-based trading rather than artificial tactics.

    Risk management is another pillar of Hola Prime’s approach. The internal audit team conducts continuous assessments and reviews of financial stability and risk exposure, identifying potential compliance gaps before they escalate. Proprietary trading firms often operate in a grey area, but Hola Prime’s commitment to stringent internal audits ensures accountability in every aspect of its operations. By proactively addressing risks, the firm provides a stable and predictable environment for traders.

    Payouts, often a contentious issue in prop trading, undergo a rigorous reconciliation process at Hola Prime. Each transaction is subject to dual-layer approval to prevent unauthorized withdrawals. The firm prioritizes liquidity planning, ensuring that reserves are always maintained to facilitate seamless trader payouts. This includes a rapid withdrawal system, enabling traders to access their earnings within an hour. Collaborations with leading payment service providers such as Rise and multiple cryptocurrency networks further optimize transaction efficiency, ensuring smooth and reliable fund transfers.

    Hola Prime’s simulated-to-live trading model serves as an additional safeguard. This system enables real-time risk assessment and seamless order execution, leveraging advanced algorithms and a parallel liquidity infrastructure. By minimizing execution lag and monitoring market exposure, the firm mitigates risk while maintaining optimal trade flow. Regular IT security audits further bolster these measures, ensuring that system access and transactions remain secure and compliant with international cybersecurity standards.

    One of the most unique aspects of Hola Prime’s compliance strategy is its approach to trader monitoring. The firm conducts in-depth evaluations of trading patterns, ensuring that no participant engages in practices that could compromise market integrity. This includes monitoring order flow management, identifying discrepancies in trading behavior, and preventing activities that may indicate manipulation.

    Transparency is a cornerstone of Hola Prime’s operational philosophy. Every financial decision, from earnings allocation to trader payouts, is backed by structured financial planning and accountability measures. The firm’s daily financial comparisons ensure that payouts for the next day are planned well in advance, with funds being kept separately to meet all the liabilities of the next day. In addition, an extra reserve of 35% is also kept as cushion funds, to make provision for any unforeseen expenses.

    Hola Prime also places a strong emphasis on compliance with global anti-money laundering (AML) protocols. A robust Know Your Customer (KYC) and AML framework ensures that only legitimate traders participate on the platform, reducing the risk of fraudulent activities. The firm conducts thorough background checks and transaction monitoring, preventing any attempts at money laundering or financial misconduct. By prioritizing trader integrity over sheer numbers, Hola Prime fosters a responsible trading community where only serious traders thrive.

    The company’s dedication to transparency is further exemplified through its industry-leading Price Transparency Report. This report offers a tick-by-tick comparison of Hola Prime’s pricing against industry benchmarks, allowing traders to independently verify execution quality. Forex markets, known for their decentralized nature and price discrepancies, often leave traders questioning the fairness of their trades. Hola Prime’s proactive approach addresses this concern, providing a publicly available record of price movements that reinforces trust and accountability.

    Ashutosh Sharma, Head of Risk and Compliance at Hola Prime, highlights the importance of financial prudence in the firm’s approach. “We don’t just aim to be profitable; we aim to be sustainable. Our liquidity planning ensures that trader payouts are secured in advance, preventing any shocks. We maintain separate accounts for company expenses and trader funds, reinforcing integrity at every level.”

    Another crucial component of Hola Prime’s compliance framework is its approach to liquidity and order flow management. The firm ensures that the gap between simulated and live trading execution remains under two minutes, maintaining efficiency while reducing market impact. Exposure limits are meticulously calculated, taking into account actual cash reserves, liabilities, and additional financial cushions. By capping risk exposure in accordance with its financial standing, the firm ensures that it never overextends its market position.

    Technology plays a vital role in Hola Prime’s compliance-driven ecosystem. From automated risk assessments to real-time transaction monitoring, the firm leverages advanced software to enhance its oversight capabilities. System checks and IT audits are conducted regularly, reinforcing data security and ensuring seamless trading operations.

    Somesh Kapuria, CEO of Hola Prime, believes that trust is the key to long-term success in prop trading. “Our traders deserve to know how we operate. We don’t believe in hiding behind complex structures or ambiguous policies. Transparency isn’t just a marketing term for us – it’s the foundation of our business. By implementing rigorous compliance standards, we ensure that Hola Prime remains a trusted platform where traders can focus on their craft without concerns over financial mismanagement.”

    In an industry often marred by uncertainty, Hola Prime stands as a beacon of reliability. Its stringent compliance measures, robust financial planning, and unwavering commitment to transparency set it apart as a leader in ethical prop trading. With its structured approach to governance, the firm is proving that self-regulation, when done right, can be just as effective as formal oversight—if not more so. For traders seeking a platform built on trust and accountability, Hola Prime continues to raise the bar.

    Social Links

    Facebook: https://www.facebook.com/profile.php?id=61565158992654&sk=about_contact_and_basic_info

    Instagram: https://www.instagram.com/holaprime_global/

    YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ

    LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

    X: https://x.com/HolaPrimeGlobal

    Discord: https://discord.gg/TJ7TcHPXBf

    Quora: https://www.quora.com/profile/HolaPrime/

    Reddit: https://www.reddit.com/user/HolaPrime/

    Medium: https://medium.com/@social_46267

    Media Contact

    Company: Hola Prime

    Contact: Media Team

    Email: marketing@holaprime.com

    Website: https://holaprime.com/

    The MIL Network

  • MIL-OSI United Kingdom: The numbers add up for our economy and air quality

    Source: Scotland – City of Edinburgh

    Council Leader Jane Meagher reflects on the latest edition of Edinburgh by Numbers.

    As those of us who live in the city know, it’s fair to say ‘Auld Reekie’ is no more thanks to our fantastic parks and air quality.

    Edinburgh has almost halved (a 40.9% reduction) greenhouse gas emissions over the last decade or so and people are 1.5x more likely to take up cycling or running in Edinburgh than other parts of Scotland.

    The city benefits from high wages and employment. Plus, we boast some of the highest satisfaction rates in the UK for public transport – testament to the value of keeping services like Lothian Buses publicly owned.

    That’s according to data collated for our latest Edinburgh by Numbers report, an annual snapshot of statistics gathered by the Council’s data team which tells us how our city is performing.

    I’m pleased that this year’s findings paint a picture of a green and thriving city. Most of us (74%) can enjoy local green space within a five-minute walk from home, and in my own ward of Portobello / Craigmillar I’m grateful to see the first signs of spring starting to appear in our fantastic parks.

    Perhaps it is this love for our parks which leads us to be one of the most climate conscious cities in the UK? According to the data, the percentage of people who believe that climate change is an urgent problem continues to increase and has reached nearly 88% in Edinburgh, the highest in Scotland.

    This has been evident during the council’s recent work with young residents to plan for the revitalisation and regeneration of Princes Street, Princes Street Gardens and the area around Waverley Station, with over 100 primary and secondary school pupils sharing their hopes as part of our public consultation on the Waverley Valley. The plans have ignited much debate, with architects choosing to share their own vision for the future of our most famous high street.

    I recognise that Princes Street is a vital and iconic part of our city’s economy and while it experiences the same challenges all high streets face, it is performing better than most with a low vacancy rate. I’m confident that recent changes to non-domestic rates relief on vacant buildings will also encourage landlords to bring long-term empty properties back into operation.

    It’s welcome news that it continues to attract significant investment, with news last week of a Zedwell Hotel replacing the former Debenhams. Cranes along the skyline signal work underway on the former Forsyth’s/Topshop, Next/Zara and Jenners stores, which are also set to become hotels. Eateries Blank Street, Ben & Jerry’s and Popeyes plus retailers MINISO, UNIQLO, and Panerai have all opened in the past year, or have announced plans to do so.

    Plus, as the new St James Quarter fills up, we expect to see demand spill onto Princes Street. Meanwhile, a new approach has been adopted to staging a year-round programme of events at the Ross Bandstand and Princes Street Gardens.

    I have no doubt that this investor confidence is thanks to the resilience of our local economy and our healthy business community. The numbers tell us that Edinburgh has retained its position as the UK’s most economically productive city outside of London, while tourism continues to recover from the pandemic.

    Hotel occupancy rates are at their highest in 6 years (81.4%), 5 million visitors are staying overnight in Edinburgh and it has been a remarkable year for air and rail travel with Edinburgh Airport posting its highest ever passenger numbers in 2024. Edinburgh is well and truly welcoming the world to visit.

    While there is much to celebrate, these findings also speak to the challenges Edinburgh faces. Drawn by good jobs and a good quality of life, migration means our population is growing three times faster than other Scottish cities. We’re living longer, but the birth rate has dropped.

    We know these challenges are on the horizon and that’s why the council budget we set in February prioritises vital services for residents. More affordable housing and infrastructure to help our growing population to move around the city will be key, particularly as we continue to grapple with our housing emergency and work with the Scottish Government to secure the additional resources we need. The ground-breaking visitor levy will also present a unique opportunity, which will invest tens of millions of pounds in preserving and enhancing the features that make our city such a fantastic place to be.

    The latest edition of Edinburgh by Numbers is available to view now.

    MIL OSI United Kingdom

  • MIL-OSI Economics: NVIDIA and xAI join AI Infrastructure Partnership to drive investment in datacenters

    Source: Microsoft

    Headline: NVIDIA and xAI join AI Infrastructure Partnership to drive investment in datacenters

    NEW YORK & REDMOND, Wash. & ABU DHABI, United Arab Emirates & SANTA CLARA, Calif. & SAN FRANCISCO–(BUSINESS WIRE)–BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and MGX today announced that NVIDIA and xAI will join the Global AI Infrastructure Investment Partnership, now named the AI Infrastructure Partnership (AIP), further strengthening the partnership’s technology leadership as the platform seeks to invest in new and expanded AI infrastructure. NVIDIA will also continue in its role as a technical advisor to AIP, leveraging its expertise in accelerated computing and AI factories to inform the deployment of next-generation AI data center infrastructure.

    Additionally, GE Vernova and NextEra Energy have agreed to collaborate with AIP to accelerate the scaling of critical and diverse energy solutions for AI data centers. GE Vernova will also work with AIP and its partners on supply chain planning and in delivering innovative and high efficiency energy solutions.

    AIP has attracted significant capital and partner interest since its inception in September 2024, highlighting the growing demand for AI-ready data centers and power solutions. The partnership will initially seek to unlock $30 billion in capital from investors, asset owners, and corporations, which in turn will mobilize up to $100 billion in total investment potential when including debt financing.

    By investing in next-generation AI data centers and energy infrastructure, AIP is not just expanding capacity—it is shaping the future of AI-driven economic growth. The addition of both NVIDIA and xAI, each a global AI technology leader, reinforces AIP’s commitment to scaling an open-architecture platform and fostering a broad ecosystem that supports a diverse range of partners on a non-exclusive basis. AIP’s investments will primarily focus on the U.S. as well as OECD and U.S. partner countries, driving AI innovation, economic expansion, and the advancement of critical digital and energy infrastructure.

    His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX, said, “Artificial Intelligence is not just an industry of the future, it underpins the future. As we welcome new partners to the AI Infrastructure Partnership, we will accelerate innovation and technological breakthroughs to achieve transformational productivity gains across the global economy. Our singular focus is accelerating AI’s responsible and inclusive development for the benefit of humanity.”

    Jensen Huang, founder and CEO of NVIDIA, said, “The global buildout of AI infrastructure will benefit every company and country that wants to achieve economic growth and unlock solutions to the world’s greatest challenges. AI factories built on NVIDIA’s full-stack AI infrastructure will convert data into intelligence that will accelerate every industry and help society achieve unimaginable breakthroughs.”

    “AI infrastructure will play an increasingly critical role in driving economic growth across every industry and every region of the world,” said Satya Nadella, Chairman and CEO, Microsoft. “We’re thrilled to welcome these new companies to the AI Infrastructure Partnership as we invest together to build the infrastructure of the future.”

    Larry Fink, Chairman and CEO of BlackRock, said, “AI has the potential to transform the global economy if we can build the necessary infrastructure to support it. We believe this unparalleled partnership of leading global companies across the AI ecosystem brings technology expertise together with private capital to meet this demand and creates unique investment opportunities for our clients. This partnership also demonstrates the powerful combination of BlackRock’s global relationships with GIP’s infrastructure capabilities.”

    “Since we launched this partnership in September, the momentum we have achieved reinforces the need for significant private capital to fund investments in essential infrastructure, particularly to support the continued development of AI,” said Bayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. “With today’s announcement, we are proud to welcome our new partners to AIP. Together, we look forward to focusing on our joint ambition to enhance AI innovation and economic growth.”

    John Ketchum, Chairman and CEO of NextEra Energy, said, “In order to realize the full potential of Artificial Intelligence we must develop and support the energy infrastructure and data centers that will fuel this technology. Doing this will require an all forms of energy solution that leverages ready-now renewables and battery storage coupled with gas-fired and nuclear generation in the future. Our collaboration with GE Vernova and AIP is intended to get as many electrons onto the grid as quickly and most cost effectively as possible.”

    “The jobs and economies of tomorrow will be built on the infrastructure we develop today to support the rapid growth of AI,” said GE Vernova CEO Scott Strazik. “Our company is focused on an all-of-the-above approach with our customers to meet this unprecedented demand, utilizing gas, nuclear, wind and more, while continuing to drive innovation to reduce emissions. We look forward to working with AIP and its partners, a group that brings substantial capability and efficiency to this critical work.”

    About MGX

    MGX is a technology investment company focused on accelerating the development and adoption of AI and advanced technologies through world-leading partnerships in the United Arab Emirates and globally. MGX invests in sectors where AI can deliver value and economic impact at scale, including semiconductors, infrastructure, software, tech-enabled services, life sciences, and automation. For more information, visit www.mgx.ae.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

    About Global Infrastructure Partners (GIP), a Part of BlackRock

    Global Infrastructure Partners (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. On October 1, 2024, BlackRock closed its acquisition of GIP. For more information, visit www.global-infra.com.

    About Microsoft

    Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

    Forward-Looking Statements

    This press release, and other statements that the parties may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the parties’ or AIP’s future financial or business performance, strategies or expectations, including the anticipated timing, consummation and expected benefits of AIP. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” and similar expressions.

    The parties caution that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time and may contain information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any projections or forecasts made will come to pass. Forward-looking statements speak only as of the date they are made, and the parties assume no duty to and do not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

    Certain of the parties have previously disclosed risk factors in their respective United States Securities and Exchange Commission (“SEC”) reports. These risk factors and those identified elsewhere in this release, among others, could cause actual results to differ materially from forward-looking statements or historical performance. Such parties’ Annual Reports on Form 10–K, Quarterly Reports on Form 10-Q and subsequent filings with the SEC, accessible on the SEC’s website at www.sec.gov and on the applicable party’s website, discuss certain of these factors in more detail and identify additional factors that can affect forward–looking statements. The information contained on each party’s website is not a part of this press release, and therefore, is not incorporated herein by reference.

    MIL OSI Economics

  • MIL-OSI Economics: Sarah Hunter: Monetary policy – forward looking and data dependent in the face of uncertainty

    Source: Bank for International Settlements

    I would first like to pay respect to the traditional and original owners of this land, the Gadigal people of the Eora Nation, to pay respect to those who have passed before us and to acknowledge today’s custodians of this land. I also extend that respect to any First Nations people joining us here today.

    Introduction

    Three weeks ago, the Reserve Bank Board cut interest rates for the first time since 2020. Naturally there is a lot of interest in what lies behind the Board’s decision-making process. Today I want to shine a light on three key inputs to the process, how they interact with one another and how they fit together to support the Board in its decision making.

    The first is our view of how changes in the cash rate affect the economy. The impact of policy changes takes time to flow through the economy; looking at the response of banking credit flows to interest rate changes, which many here today know intimately, clearly highlights this. So policy decisions today shape inflation and employment outcomes in the future.

    This necessitates a forward-looking approach to meeting our mandate. Policy decisions require both a view of the outlook for the economy and an understanding of how policy is likely to affect that outlook. That helps the Board set the cash rate to give the best chance of achieving the RBA’s objectives over time.

    MIL OSI Economics

  • MIL-OSI Economics: Sanjay Malhotra: Transforming grievance redress – the AI advantage

    Source: Bank for International Settlements

    I am delighted to participate in this year’s Annual Conference of the RBI Ombudsmen. The Reserve Bank has been organising this conference on or around the World Consumer Rights Day, that is, 15th March. World Consumer Rights Day is celebrated every year with the aim of raising global awareness about consumer rights and needs. We organise this conference to reflect on our achievements with regard to consumer services and to deliberate on how to improve services and reduce grievances. We need to improve consumer services, not only because it is our duty to do so, but because it is in our selfish interest to do so. In this age of competition, we would not survive long if we do not provide quality service to our consumers.

    We have made tremendous strides in improving consumer services over the years. We have enabled internet banking and mobile banking. Most of the banking services, be it opening a deposit account, or taking a small loan have been digitised, adding to the convenience and speed. We are making record number of digital transactions through UPI and other means of digital payments. Many among the younger generation may have never visited a bank branch. We have even enabled opening of accounts using video KYC.

    While we have enhanced customer experience over the years, the high number of customer grievances continues to be a matter of serious concern. I am told that last year (2023-24), the 95 Scheduled Commercial Banks alone received over 10 million complaints from their customers. If we take into account the complaints received at other RBI-regulated entities (REs), the number would be even higher. One may argue that this amounts to only four complaints per thousand accounts per year as there are about 2.5 billion bank accounts. But, for us, even one complaint is a cause of concern. We have 10 million complaints and with the rapidly growing customer base and expanding suite of products, this may grow, if we do not get our act together.

    Customer satisfaction – a cornerstone for banking and other financial services

    Excellent customer service, in fact excellent customer experience is a sine qua non in any service industry. Our effort should be to enhance the total customer experience. The experience should be such that there is no cause for a grievance that requires a redress. Let me state a fundamental truth: every complaint is a test of trust. When a consumer files a grievance – whether for a disputed transaction, a lapse in service, inappropriate pricing or charges or an unfair practice – it is a signal that our system has fallen short. Left unresolved, such issues can erode consumer confidence and tarnish the entire ecosystem.

    I am reminded of a real story about customer service. Some of you, especially the management graduates, may have heard it but it is so appropriate for today’s theme that it is worth being retold. In the winter of 1975, in a town in Alaska, a man walked into a store and complained to the salesman present that the snow tyres that he bought some time ago were not holding. The salesman was a little puzzled. He said that he could not replace them but will check what he could do and went to the back of the store. Those of you, who have visited departmental stores in the USA, would know that refunds are processed at the back of the store. The salesman came back after some time and handed over some cash as refund and the customer left satisfied. Can anyone guess why this was unique, as no questions asked policy for refunds is fairly common in the USA? It is because the company in question is Nordstrom which does not even sell tyres. It sells apparel and shoes. But, for Nordstrom, customer comes first. Trusting him and winning his trust is more important than anything else.

    Some say that this is not a true story. How is this possible? How could a company offer refund for a product which it never sold? Nordstrom, however, insists that this incident did take place. Nordstrom had acquired three stores from another company that sold miscellaneous articles including tyres. The customer did not realise that the store had changed and walked in with his complaint. The key message is that Nordstrom saw itself being in the business of customer service, and not just selling goods. We too need to realise that we are in the business of providing unalloyed customer service and not just selling banking and other financial services.

    Top management to accord priority to customer service

    I am sure you will all agree that we are indeed in the business of customer service. However, I suspect that we are not spending enough time on customer service and grievance redressal as a result of which not only are there a large number of complaints being received by banks and NBFCs but in the absence of satisfactory resolution, a large number of them are getting escalated to RBI Ombudsmen.

    Let me give you some perspective. The number of complaints received under RBI’s Integrated Ombudsman Scheme increased at a compounded average growth rate of almost 50 per cent per year over last two years to 9.34 lakh in 2023-24. The number of complaints processed at the Office of RBI Ombudsman increased by 25 per cent from about 2,35,000 in 2022-23 to almost 2,94,000 in 2023-24. Not only are large number of complaints getting escalated, a large proportion of them – nearly 57 per cent of the maintainable complaints last year – required mediation or formal intervention by the RBI Ombudsmen. You would all agree that this is a highly unsatisfactory situation and needs our urgent attention.

    I would, therefore, strongly urge all the MD&CEOs, Zonal and Regional Managers and the Branch Managers to spend some time every week, if not every day on grievance redressal. This is a must. All great CEOs find time to do it. We too must keep some time in our diary for improving customer service and grievance redressal.

    Improving customer service systems

    Customer complaints aren’t a nuisance – they are in fact opportunities to improve, innovate, and build trust. Handling them well can define your success. Each unresolved grievance is a missed opportunity for regulated entities to reaffirm customer trust and loyalty. It is also a warning signal as repeat complaints are often signs of systemic flaws. Today, complaints often surface on social media even before reaching official channels, highlighting the need for proactive measures.

    The effort thus should be to not only resolve the complaints but also to ensure that the same type of complaint does not arise again. Many of the complaints like digital transaction disputes, unauthorized charges, or miscommunication frequently recur. These are clearcut symptoms of underlying issues in the overall customer service framework of the regulated entities. A thorough root cause analysis should be performed for each complaint so as to enable remedial action and avoid repetition of same type of complaint.

    In fact, I would go a step further. Best service is not one in which there is no occasion for grievance redressal but one in which there is no occasion for the customer service department to step in. Systems should work seamlessly and conveniently so that customers do not have to call the branch or the customer service centre or talk to anyone in the Bank or NBFC. Systems have to be so user-friendly that customers can rely on self-service rather than being dependent on anyone else.

    Improving internal grievance redressal systems

    While improving systems to reduce grievances is important, setting up a robust grievance redressal system is equally important for all regulated entities. I would urge you all to review the same. While the regulations do not make any prescription for the organisational structure for grievance redressal, my experience suggests that there should be at least two levels for grievance redressal in large REs, with unresolved grievances getting escalated from the lower to the higher level. The highest level should be at a fairly high rank. This to ensure that requests do not get rejected without having been examined by a senior functionary who is empowered to take decisions in consumer interest. This will help reduce grievances getting escalated to the Ombudsman. It must also be ensured that there are sufficient number of grievance redress officers at all levels including in the Internal Ombudsman office.

    I would also like to draw your attention to the misclassification of complaints as requests, queries, and disputes by the regulated entities. This results in the complainants’ grievances remaining unaddressed. Moreover, this is also a gross regulatory violation.

    Major areas of service improvement

    Let me now briefly allude to some of the major areas where we need to improve. These relate to KYC, digital frauds, mis-selling, and aggressive recovery practices.

    As for KYC, we need to ensure that once a customer has submitted documents to a financial institution, we do not insist on obtaining the same documents again. Once the customer has updated his details, for example, his residential address, with one regulated entity of any financial sector regulator, it gets updated in CKYCR and other REs are notified of the updation. PML Rules made by the Department of Revenue in the Ministry of Finance and RBI’s Master Directions on KYC mandate regulated entities to check the CKYCR system before seeking KYC documents for opening an account. However, most banks and NBFCs have not enabled the same in their branches/business outlets, causing avoidable inconvenience to customers. This may be facilitated early. This will be in the interest of all.

    Another important issue connected to customer protection is rising digital frauds. It is a matter of great concern that innocent customers continue to fall prey to scamsters. While this could be attributed to rise in digital transactions and innovative methods adopted by fraudsters, lack of customer awareness is also a major reason for the same. To mitigate this menace, REs not only need to put in place robust internal controls but also enhance digital financial literacy.

    The issues of mis-selling and aggressive recovery practices have been highlighted earlier too. In this context too, I would request you to keep consumer interest supreme.

    Embracing technology – the AI way

    Let me now come to the theme of this year’s conference: AI’s potential to revolutionize grievance redressal. We are entering an exciting era where technology, particularly artificial intelligence (AI), can drive remarkable improvements in speed, accuracy, and fairness of complaint resolution.

    AI can help categorize incoming complaints by urgency, complexity, or subject area, ensuring minimal delay in reaching the right people or the right team. AI can also help in optimising complaint routing. Further, it can assist in decision-making and reducing processing time.

    Secondly, AI can be used to pinpoint systemic gaps by analysing both structured and unstructured data such as emails, chat logs, and call transcripts. This will aid in identifying training needs and guiding necessary process reforms. Using data from millions of consumer branch visits, call centre logs, mobile apps, and social media, a unified, AI-driven view of all these interactions can help identify common pain points more efficiently. Leveraging data analytics, sentiment analysis, and predictive models, AI can be used to analyse large volumes of data to detect spikes in issues – such as ATM failures or erroneous charges – and alert REs pre-emptively.

    Lastly, in a linguistically diverse country like India, AI-driven chatbots and voice recognition tools can eliminate language barriers by operating in local languages. Moreover, the implementation of conversational AI in chatbots, voicebots, and advanced IVR systems can handle routine queries round the clock, thereby freeing people to focus on cases that require empathy and complex problem-solving.

    In short, integrating AI at every stage – from complaint lodging to closure – can result in a seamless, efficient, and data-driven grievance redressal system. Such a framework not only reduces processing times and addresses repetitive complaints but also fosters equitable outcomes by mitigating human biases. It is time that the banking industry explores and pioneers the integration of technology – including AI – to strengthen the grievance resolution mechanisms and make it best in class across the globe.

    Challenges and guardrails in AI driven grievance redressal system

    While AI presents unparalleled opportunities, we need to be cognizant of the challenges and risks that its adoption poses. There are concerns on data privacy, algorithmic bias and complexity in AI-driven models. As we embrace AI in grievance redressal or any other process, we must also remain mindful of ethical considerations. Human oversight, bias mitigation and data privacy must be integrated into the AI Systems to ensure transparent and consistent outcomes.

    Investing in human resources

    While technology in all its forms is a powerful enabler, I would like to emphasise that it is no substitute for integrity, empathy, and human judgment. In a world increasingly driven by data, algorithms, and automation, it is all too easy to lose sight of the human element. Every transaction represents not just a number in a ledger, but the hard-earned savings of a family, the dreams of a small entrepreneur, or the lifelong savings of a senior citizen. It is, therefore, critical that REs continue to invest in human resources dedicated for customer service and grievance redressal. It is essential to invest in training of staff, especially in behavioural aspects of customer service. Moreover, the staff needs to be empowered to take decisions based on their judgement to redress consumer grievances, enhance customer satisfaction and win consumer trust.

    RBI as a facilitator

    In the end, I would like to assure you that, while we exhort you to provide services efficiently to customers, we in the Reserve Bank shall also provide various services, approvals, clarifications, etc. to the regulated entities in a timely manner. We already have a citizen’s charter. We are in the process of reviewing the charter. We will make the charter comprehensive to include all services that we offer either to the REs or directly to citizens. Moreover, we are reviewing the timelines for each service. It will be our endeavour to provide all approvals, etc. within the timelines. We are also making mandatory the use of PRAVAAH, which is RBI’s secure and centralised web-based portal for any individual or entity to seek authorisation, license or regulatory approval on any reference made to the Reserve Bank in a timely manner. This will help us in expediting the disposal of applications received by the Reserve Bank.

    Conclusion

    We stand at a pivotal juncture as India looks to realise its dream of a more resilient and inclusive Viksit Bharat. With the financial sector touching the lives of almost the entire population, we have a critical role. To succeed in this role, we must continue to enhance customer service and customer protection.

    Thank you !

    MIL OSI Economics

  • MIL-OSI Economics: Caroline Abel: Women in environment and climate finance

    Source: Bank for International Settlements

    Minister Rose-Marie Hoareau,
    H.E High Commissioner Mr. Jeffrey Glekin,
    Distinguished Guests,
    Ladies and Gentlemen,

    Good morning,

    It is an honour to be here with you today. Our gathering indicates that the pilot edition of the British High Commission’s Women’s Forum launched last year was a success. I take this opportunity to congratulate you, High Commissioner, and your dedicated team for ensuring that this second edition takes place. This forum serves as a platform for knowledge exchange, policy assessment and a valuable space for women in Seychelles to collaborate and drive impactful change. By incorporating discussions on climate finance and gender inclusivity, we reaffirm our commitment to fostering equitable and sustainable solutions for our nation.

    As we all know, Seychellois women are not only represented in all aspects of life, but are successful in their own rights. When we look at the context of our society, according to official statistics, women in managerial positions make up 42 per cent of the workforce. Those in senior and middle management roles, make up an impressive 40 per cent of the workforce. In the National Assembly, 21 per cent of seats are held by women. This is testament to the strength, capability, and leadership qualities of our Seychellois women. We have to keep encouraging the younger generation to take every opportunity that arises, to break barriers and push towards greater heights. Seychelles might be small in size, but our ambitions are boundless.

    Given Seychelles’ unique characteristics, we are all in one way or another, connected to the environment. It fuels the very foundation of our economy. Tourism and fisheries – our two main economic pillars, thrive because of our natural resources. As we move forward, we must be mindful of our most pressing reality: Climate Change. It is not just a future threat; it is a present challenge, and one that poses long-term sustainability risks to our environment, our economy, and our way of life. We all have a shared responsibility to act on it. We must understand that climate change is not just an environmental issue, but also a social and economic issue. It affects our communities, our industries, and our livelihoods. We see it in the frequency of natural disasters – heavier monsoon rains, floods, landslides, and coastal erosion. These disasters highlight the urgent need for robust climate adaptation measures, sustainable financing, and enhancements in disaster risk management.

    While climate change is indeed a threat, let us not view it only as that. Within the challenges lie opportunities. This is our moment to innovate for a more progressive economy in a way that is sustainable for our planet. This is our opportunity to explore and invest in green and blue business ventures. We have seen a shift internationally, where global environmental policies are reshaping economies. The demand for fossil fuels will most probably decline as more nations commit to their national climate action plans on reducing greenhouse gas emissions, and adapting to the impacts of climate change. To echo the words of a colleague from the National Bank of Angola, as said in a monetary policy and climate change workshop held last month, “In order to progress, we must adopt and adapt”.

    As the country implements reform measures under the Resilience and Sustainability Facility, we are committed to integrating climate resilience into our financial system. This is a step towards not just economic stability but long-term sustainability. We will discuss further on this programme that is being implemented with the support of the IMF later during the day.

    The journey ahead is not without obstacles, yet we remain optimistic. We are a nation that denotes the very definition of resilience, and I firmly believe that if we all play our part, no matter how small it may seem, together we can accomplish great things.

    As we move forward in today’s discussions, I encourage each of you to contribute, engage, and explore new avenues for climate finance that can create lasting change. Let this be a moment where ideas turn into action, policies into practice, and collaboration into concrete results.

    I look forward to your insights on climate finance throughout the day.

    Thank you.

    MIL OSI Economics

  • MIL-OSI Economics: Denny H Kalyalya: Think before you follow, safeguard your money  

    Source: Bank for International Settlements

    Permanent Secretary, Southern Province, Dr Namani Monze
    The District Commissioner, Mazabuka District, Mr Oliver C. Mulomba
    All Senior Governmental officials
    Chief Executive Officers of Financial Sector Regulators – PIA and SEC
    All Chief Executive Officers of Financial Services Providers
    All Cooperating partners
    Invited Guests
    Ladies and Gentlemen

    Good morning

    I am delighted to extend a warm welcome to all of you joining us for the launch of this year’s public awareness campaign for the Financial Literacy Week. This launch event was pre-ceded by the broadcasted message from the Minister of Finance and National Planning, on 16 March 2025. The FLW activities will take place from March 17 to 23, 2025, in all the 10 provinces of the Republic of Zambia. For the first time since we started to commemorate Financial Literacy Week, the event is being launched away from Lusaka, in Mazabuka, Southern Province. I commend the organizers for this change and I hope that future launch events will be held in different provinces every year.

    The theme for this year, “Think before you follow, safeguard your money,” aligns with the official theme of the 2025 Global Money Week and has been adopted for the Financial Literacy Week in Zambia.

    This year’s theme underscores the importance of adopting an informed, responsible, security-conscious approach to managing personal finances. Therefore, individuals are encouraged to be mindful of potential risks in the financial sector and take steps to protect their hard-earned money. These risks include financial scams, fraud, theft, pyramid schemes, cyber-attacks, and other threats related to data privacy. In line with this year’s theme, I urge consumers of financial services and products to actively safeguard their money by engaging only with licensed financial service providers. I also encourage you to be cautious about sharing financial information as well as diligently protect your personal data. Avoid sharing sensitive financial information, such as account numbers or passwords, with unknown individuals or over unsecured platforms. Additionally, be vigilant for phishing schemes, and be sceptical of unsolicited emails, messages, or phone calls requesting personal or financial information.

    Finally, I encourage you to report any suspicious financial requests or digital invitations to the authorities, such as financial service providers (FSPs), ZICTA, or the Police.

    Ladies and Gentlemen, financial literacy initiatives continue to focus on young people in primary, secondary, and tertiary institutions as well as adults, with the aim of equipping future generations with the essential knowledge needed to make informed financial decisions for their financial well-being.

    In this regard, financial education has been incorporated in the national school curriculum and financial literacy initiatives continue to be undertaken in collaboration with the Ministry of Education.

    Esteemed Guests, we firmly believe that the development and execution of national strategies concerning financial education and inclusion have established a robust framework that facilitates effective engagement among various stakeholders, including the Government, financial sector regulators, financial service providers, and the general public. This collaborative effort has led to heightened awareness campaigns among the public regarding the availability and safe usage of financial products and services nationwide. Strengthening financial literacy among consumers would enable them to identify financial scams, fraudulent activities and avoid biased advice, thus helping them to make better financial decisions to safeguard their future well-being. In this regard with the conclusion of the National Strategy on Financial Education II (2019-2024), the Ministry of Finance and National Planning, along with the Bank and other financial sector regulators, have begun the process of conducting a comprehensive review of the strategy. The review will assess the progress, successes, and challenges of NSFE II, and guide the development of phase III of the N S F E.

    Ladies and Gentlemen, in order to measure the strides that have been made in advancing financial education and financial inclusion in the country, I would like to inform you that a multisectoral project team has been established to conduct the 2025 FinScope Survey and disseminate topline findings by the end of this year.

    FinScope surveys are invaluable tools for understanding the financial landscape of a country and developing targeted financial education and financial inclusion strategies. The survey provides information on access and usage of financial services (formal/informal), barriers encountered, financial literacy and overall financial inclusion. Enumerators will conduct interviews across all ten provinces, so we appeal to you, the public, to provide them with the necessary support.

    Distinguished Guests, before I conclude, let me take this opportunity to remind you that the Bank of Zambia announced the introduction of a new family of Zambian Currency on Monday, 10 February 2025 (pursuant to section 17(1) of the Bank of Zambia Act, 2022).

    The initiative reflects the Bank’s commitment to providing currency that is secure, efficient, user friendly and well suited for everyday transactions. The new notes also offer advanced security features to protect against counterfeiting and other threats to the integrity of the currency. A nationwide awareness campaign is currently being conducted to sensitize the public about the new currency. Further, the Minister of Finance and National Planning will soon issue an SI to provide details for the process of exchanging the old currency for the new series, scheduled to commence on 31 March 2025.

    As we carry out the 2025 Financial Literacy Week provincial activities, I encourage the campaign teams and financial service providers to continue to educate the public about the new family of Zambian Currency to prevent people being defrauded by unscrupulous people who may take advantage of this change. The Bank of Zambia team will also be available to provide information and distribute awareness materials that highlight the key features of the new currency.

    Dear Invited Guests, in conclusion, it is important to acknowledge that as part of the implementation of the National Strategy for Financial Education, Financial Literacy Awards are held annually in October. These awards aim to recognize the efforts of individuals and institutions in conducting financial literacy awareness initiatives. Therefore, I urge you to submit your financial literacy activities and initiatives to the Financial Literacy Working Group for consideration in this year’s awards.

    Once again, I extend my gratitude to the Working Group under the National Strategy on Financial Education Phase II for organizing the Financial Literacy Week activities. I particularly commend the Ministry of Finance and National Planning Financial Education Team, along with other financial sector regulators such as the Pensions and Insurance Authority and the Securities and Exchange Commission. I also wish to applaud the Bankers Association of Zambia, and our collaborating partners DSIK (the German Sparkassenstiftung) Zambia, as well as all other stakeholders who have consistently supported the Financial Literacy Week commemorations each year.

    The Bank of Zambia remains steadfast in its commitment to supporting this national event, and we encourage all financial institutions and stakeholders to actively participate in the Financial Literacy Week activities nationwide.

    THANK YOU FOR LISTENING MAY GOD BLESS US ALL.

    MIL OSI Economics

  • MIL-OSI Russia: X5 Group and HSE Graduate School of Economics Launch Updated Master’s Program

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    X5 Group and the Higher School of Business of the National Research University Higher School of Economics are relaunching a joint master’s program. The name “Retail Management” was changed to “B2C Business Management: Technologies and Innovations”, completely revising the program’s content. Now students will focus on studying customer experience, new technologies and innovations in management – those competencies that are most in demand in modern business.

    B2C Business Management: Technologies and Innovations” will be the first specialized master’s program that trains leaders in retail and e-commerce. The training, taking into account all the latest trends, will be built around three main blocks – customer experience, new technologies, organizational and operational innovations. Among the disciplines offered to students: Data Science, Business Analytics, Digital Platforms, Digital Marketing, Customer Experience Management in an Omnichannel Environment.

    The program is built on the “experience first” principle. This approach combines academic depth and practical experience: the courses are taught by teachers from the Higher School of Business of the Higher School of Economics, as well as invited teachers-practitioners who hold senior positions in the retail sector. X5 Group top managers actively participate in the program, conducting special courses, lectures, master classes and organizing practice, which allows you to gain knowledge first-hand.

    The Master’s program is focused on solving real cases and business problems – during the training, students will master specific methods of working with the consumer sector, omnichannel business and modern retail, develop strategic thinking and leadership skills. Graduates are in demand in leading companies in the field of retail and e-commerce, in the financial services sector and FMCG companies, occupying leadership positions. The program is also suitable for those who run their own business, or have been working in retail for a long time, but want to master innovative approaches and grow in their career.

    “Modern retail is speed, adaptability, technology and innovative solutions. Russia has long been not just following trends here, we set them, creating unique digital services and the best customer experience in the world. Young professionals are increasingly choosing retail – last year, the number of employees aged 18 to 24 at X5 increased by 12% and amounted to more than 43 thousand people. Because here there is an opportunity to grow and develop your skills in many areas – from the use of machine learning and artificial intelligence tools to managing complex operational processes and systems. In a joint program with the HSE, we have combined all our experience, expertise and accumulated knowledge. Thus, students can adopt what the most advanced retailers, including, of course, X5 as a leader in this field, have been developing for years in different areas. And we, in turn, are very interested in young specialists, so we invest in their development from the very beginning,” said Vladimir Salakhutdinov, Chairman of the Academic Council of the program, First Deputy General Director of X5 Group.

    Starkov Andrey Gennadievich

    Academic Director of the Master’s Program, Associate Professor of Practice at the Higher School of Business, National Research University Higher School of Economics

    “We have updated the curriculum structure of the joint Master’s program with X5 Group, placing an emphasis on project-based learning. Consulting projects, group assignments, and internships will help students form an impressive portfolio in two years for successful career development or launching their own project. Modern teaching methods, elective courses, and extracurricular activities will help develop the necessary management competencies and skills. X5 Group’s participation in the program not only guarantees the relevance of the knowledge gained, but also the integration of students into the professional community through guest lectures, excursions, and round tables.”

    Reception of documents for applicants to the program in 2025 will be held from June 19 to August 15: this year, 63 places are open for students from Russia and one for students from foreign countries. X5 will provide grants for the best students to study.

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

    MIL OSI Russia News

  • MIL-OSI United Nations: Ministerial meeting stresses need for strengthened international cooperation to accelerate just and inclusive energy transition for all in the Global South

    Source: United Nations Economic Commission for Europe

    Access to electricity worldwide has increased steadily since the adoption of the SDGs in 2015, to reach 90.7% of the world’s population in 2023 (up from 84.5% in 2015) while the world’s population rose from 7.44bn to 8.06bn in 2023

    Hundreds of millions of people have gained access to electricity, enjoying a better life through better access to education, health, business opportunities, mobility, etc. However, some 750 million people, with 600 million in sub-Saharan Africa, still lack access.  

    28 Ministers from Africa, Asis and the Pacific, Latin America and the Caribbean, met last week at two Ministerial gatherings at the Sustainable Energy for All (SEforALL) Global Forum in Bridgetown, Barbados, to advance climate resilience for populations in the Global South. 

    In their Communiqué, Ministers underscored the importance of enhanced global cooperation to support the growing energy needs in developing countries while addressing climate vulnerability.  

    The Communiqué also stresses the role of regional cooperation frameworks and reiterates commitments from the Dar es Salaam Declaration (January 2025) and highlights initiatives such as Mission 300 (M300), aiming to provide electricity access to 300 million people in Africa by 2030.   

    UNFC and UNRMS: supporting sustainable and just energy transitions 

    The Communiqué references the UN Framework Classification for Resources and the UN Resources Management System – endorsed by ECOSOC – as vital mechanisms to help countries translate their Nationally Determined Contributions (NDCs) commitments under the Paris Agreement into action.   

    UNFC and UNRMS are key tools in managing critical raw materials, promoting circular economy practices, and aligning financing strategies with national energy transition plans.  

    UNFC and UNRMS offer countries methodologies to encompass social and equity dimensions, including youth participation and workforce development, into energy transition plans, ensuring intergenerational equity and sustainable financing models. 

    By advocating for stronger policies, inclusive decision-making, and sustainable financing, UNECE’s energy work supports equitable and resilient energy transitions. 

    The dialogue on just and inclusive energy transitions will continue during the 20th session of the Group of Experts on Coal Mine Methane and Just Transition (CMMJT), where experts will further discuss pathways to strengthen international cooperation in support of a fair and sustainable transition. 

    The press release is available here

    MIL OSI United Nations News

  • MIL-OSI United Nations: Halfway to the 2030 Agenda. How to further boost the efficiency of the statistical community? Side Event to the 55th session of the UN Statistical Commission

    Source: United Nations Economic Commission for Europe

    Background

    SDGs act as a trigger for data innovation, methodology advancement and up-skilling. However, at the same time they create additional strain on statistical systems whose resources (human, time, financial, etc.) are already limited. The side event will offer an opportunity to both share success stories and discuss the long-term challenges in SDG statistics assessment and communication. It will try to find some balance between the two by offering concrete instruments facilitating statistical systems scene (Road Map 2.0., Self-Assessment Tool, Communication Fortnights, Matrix on Capacity Development). The outputs provided by the UNECE Steering Group on Statistics for SDGs could be used by NSOs regardless of the region they represent to enhance the proficiency of the statistical systems and to improve the 2030 Agenda follow-up. The event will provide a good opportunity for a strategic overview prior to the 2025 Comprehensive Review.

    Objective

    Halfway to the 2030 Agenda, the side event aims to:

    • present lessons learnt from the complex SDG process through the regional and national lens,
    • offer practical solutions for both strengthening and expanding the statistical capacity for SDGs,
    • showcase best practices of applying the UNECE guidelines and tools to enhance the availability and communication of high quality, relevant and disaggregated data on SDG progress,
    • provide inspiration to act “outside the box” and take up new and unconventional initiatives for SDGs.

    Target Audience

    The side event is dedicated to the members of statistical offices regardless of the region they represent and other stakeholders engaged in 2030 Agenda implementation.

    Concept Note

    MIL OSI United Nations News

  • MIL-OSI Canada: More schools for Edmonton and area | Un plus grand nombre d’écoles pour la région d’Edmonton

    [. That is why through Budget 2025, if passed, Alberta’s government is funding 14 new school projects in the Edmonton metro area, adding about 16,400 new and updated student spaces. In total, there are now 36 projects underway in and around Edmonton.

    “We have heard loud and clear that Edmonton and surrounding communities need new schools. To meet this call, we are supporting new and ongoing school projects in Edmonton and area to ensure every student has a space to grow and thrive.”

    Demetrios Nicolaides, Minister of Education

    Budget 2025, if passed, funds a total of 41 new school projects across the province. These school projects will add 38,500 new or upgraded student spaces. With the new investments in Budget 2025, there are now 132 active school projects underway in Alberta, all of which are being fast-tracked through the new and improved funding process designed and released by Alberta’s government in fall of 2024.

    “When we ensure that students have access to the classrooms they need, we are setting up the next generation to succeed. Our team is committed to working with everyone involved to turn permits into progress and get students into well-built and well-maintained schools as soon as possible.”

    Martin Long, Minister of Infrastructure

    Last fall, Alberta’s government announced an $8.6 billion program to accelerate school construction and build new classroom spaces to help ensure that every student has the space needed to grow and thrive. Over the next seven years, Alberta’s government will deliver more than 100 new and updated schools or about 200,000 student spaces.

    “The investment in five school projects is welcome news. Space for students in all grades, especially for high schools, is critical for Edmonton Public Schools. A school is the heart of a community, and we are grateful that more students will have access to a public school closer to home.”

    Julie Kusiek, board chair, Edmonton Public Schools

    “We are grateful for this investment in Catholic education. With nearly all our high schools over capacity and enrolment continuing to grow, this commitment is an important step in addressing these pressures. We look forward to advancing these projects quickly to ensure students have the spaces they need to succeed.”

    Sandra Palazzo, board chair, Edmonton Catholic Schools

    Budget 2025 is meeting the challenge faced by Alberta with continued investments in education and health, lower taxes for families and a focus on supporting the economy.

    Quick facts

    • The 2025 Capital Plan allocates $75 million over the next three years for the planning and design of the 41 school capital projects approved in 2025 and $2.3 billion to building and updating previously announced school projects.
    • With Budget 2025, if passed, there are now 36 school projects underway in the Edmonton metropolitan region:
      • 19 projects with construction approval
      • 7 projects with design approval
      • 10 projects with planning approval

    Budget 2025 (if passed) new school projects in the Edmonton region (11):   

    Community

    School division

    Project type/name

    Design funding (2)

    Edmonton

    Edmonton Public Schools 

    addition to Dr. Anne Anderson High School

    new K to 6 in Hawks Ridge

    Planning funding (9)

    Beaumont

    St. Thomas Aquinas Roman Catholic Schools

    new 10 to 12

    Black Gold School Division

    new 10 to 12

    Edmonton

    Edmonton Public Schools

    new 10 to 12 in Castle Downs

    new 10 to 12 in The Grange

    new K to 6 in Silver Berry

    Edmonton Catholic Schools

    new 10 to 12 in Lewis Farms

    new 10 to 12 in The Meadows

    Conseil scolaire Centre-Nord

    new K to 6 in Haddow/Henderson

    St. Albert

    St. Albert Public Schools

    new K to 9 in Chérot

    Budget 2025 (if passed) replacement school projects in the Edmonton region (2): 

     Community

    School division

    Project type/name

    Design funding (1)

    Morinville

    Sturgeon Public Schools

    replacement of Morinville Public School

    Planning funding (1)

    Edmonton

    Edmonton Catholic Schools

    replacement of St. Lucy Catholic Elementary School and Katherine Therrien Catholic Elementary School with K to 9 solution in Palisades/Oxford

    Budget 2025 (if passed) public charter school projects in the Edmonton region (1): 

     Community

    Charter authority

    Project type/name

     

    Design funding (1)

     

    Edmonton

    Alberta Classical Academy

    acquire and modernize the Edmonton Classical Academy, Eastgate Campus (K to 12)

    Related information

    • Budget 2025 Capital Plan
    • Budget 2025 overview
    • School construction accelerator program
    • Public charter schools

    Related news

    • Building schools in every corner of the province (March 7, 2025)
    • More schools for Calgary and region (March 14, 2025)

    Multimedia

    • Watch the news conference

    Quatorze nouveaux projets d’écoles pour Edmonton et les collectivités avoisinantes.

    La population de l’Alberta a augmenté rapidement au cours des dernières années et cette croissance démographique a exercé des pressions sur plusieurs écoles d’Edmonton confrontées à une hausse des inscriptions. Pour cette raison, le budget 2025, s’il est adopté, fera démarrer 14 nouveaux projets d’écoles dans la région métropolitaine d’Edmonton, ce qui permettra de créer et de rénover 16 400 places pour les élèves. Au total, 36 projets d’écoles sont désormais en cours de réalisation dans la région d’Edmonton.

    « Nous avons entendu haut et fort qu’Edmonton et les collectivités environnantes ont besoin de nouvelles écoles. Nous répondons à cet appel en soutenant de nouveaux projets d’écoles ainsi que des projets déjà en cours dans la région d’Edmonton afin que chaque élève ait un espace pour grandir et réussir. »

    Demetrios Nicolaides, ministre de l’Éducation

    Le budget 2025, s’il est adopté, finance un total de 41 nouveaux projets d’écoles dans l’ensemble de la province. Ces projets d’écoles permettront de créer et de moderniser plus de 38 500 places pour les élèves. Grâce aux nouveaux investissements prévus dans le budget 2025, 132 projets d’écoles sont maintenant en cours dans toute l’Alberta, tous accélérés au moyen du nouveau processus de financement amélioré conçu et mis en œuvre par le gouvernement de l’Alberta à l’automne 2024.

    « Lorsque nous veillons à ce que les élèves aient accès aux salles de classe dont ils ont besoin, nous donnons à la prochaine génération toutes les chances de réussir. Notre équipe s’engage à travailler avec toutes les parties concernées pour faire avancer la construction et offrir aux élèves des écoles bien construites et bien entretenues dès que possible. »

    Martin Long, ministre de l’Infrastructure

    L’automne dernier, le gouvernement de l’Alberta a annoncé un programme de 8,6 milliards de dollars pour accélérer la construction d’écoles et pour construire de nouvelles salles de classe afin que chaque élève ait l’espace nécessaire pour grandir et réussir. Au cours des sept prochaines années, le gouvernement de l’Alberta financera plus de 100 projets de construction et de rénovation d’écoles, ce qui permettra d’ajouter plus de 200 000 places pour les élèves.

    « L’investissement dans cinq projets d’écoles est une bonne nouvelle. Le besoin d’espace pour les élèves de toutes les classes, en particulier pour les écoles secondaires, est crucial pour les écoles publiques d’Edmonton. Les écoles sont au cœur des collectivités et nous sommes reconnaissants que davantage d’élèves aient accès à une école publique plus proche de chez eux. »

    Julie Kusiek, présidente, Edmonton Public Schools

    « Nous sommes reconnaissants de cet investissement dans l’éducation catholique. Alors que la quasi-totalité de nos écoles secondaires dépasse leur capacité d’accueil et que les inscriptions continuent d’augmenter, cet engagement est une étape importante pour faire face à ces pressions. Nous sommes impatients de faire avancer ces projets rapidement afin que les élèves disposent des espaces dont ils ont besoin pour réussir. »

    Sandra Palazzo, présidente, Edmonton Catholic Schools

    Le budget 2025 relève les défis auxquels fait face l’Alberta en continuant d’investir dans l’éducation et la santé, en réduisant les impôts pour les familles et en soutenant l’économie.

    En bref

    • Le plan d’immobilisations 2025 alloue 75 millions de dollars sur trois ans pour la planification et la conception des 41 projets d’immobilisations scolaires approuvés en 2025 et 2,3 milliards de dollars pour les projets de construction et de modernisation d’écoles déjà annoncés.
    • Si le budget 2025 est adopté, 36 projets d’écoles seront en cours de réalisation dans la région métropolitaine d’Edmonton :
      • 19 projets approuvés pour la construction;
      • 7 projets approuvés pour la conception;
      • 10 projets approuvés pour la planification.

    Le budget 2025 (si adopté) financera ces projets de nouvelles écoles dans la région d’Edmonton (11).

    Collectivité

    Autorité scolaire

    Type/nom de projet

    Financement pour la conception (2)

    Edmonton

    Edmonton Public Schools

    agrandissement de l’école secondaire Dr. Anne Anderson High School

    nouvelle école M à 6 dans Hawks Ridge

    Financement pour la planification (9)

    Beaumont

    St. Thomas Aquinas Roman Catholic Schools

    nouvelle école 10 à 12

    Black Gold School Division

    nouvelle école 10 à 12

    Edmonton

    Edmonton Public Schools

    nouvelle école 10 à 12 dans Castle Downs

    nouvelle école 10 à 12 dans The Grange

    nouvelle école M à 6 dans Silver Berry

    Edmonton Catholic Schools

    nouvelle école 10 à 12 dans Lewis Farms

    nouvelle école 10 à 12 sans The Meadows

    Conseil scolaire Centre-Nord

    nouvelle école M à 6 dans Haddow/Henderson

    Saint-Albert

    St. Albert Public Schools

    nouvelle école M à 9 dans Chérot

    Le budget 2025 (si adopté) financera ce projet de remplacement d’écoles dans la région d’Edmonton (2).

    Collectivité

    Autorité à charte

    Type/nom de projet

    Financement pour la conception (1)

    Morinville

    Sturgeon Public Schools

    école de remplacement pour Morinville Public School

    Financement pour la planification (1)

    Edmonton

    Edmonton Catholic Schools

    école de remplacement pour St. Lucy Catholic Elementary School et pour Katherine Therrien Catholic Elementary School avec solution M à 9 dans Palisades/Oxford

    Le budget 2025 (si adopté) financera ces projets d’écoles publiques à charte dans la région d’Edmonton (1).

    Collectivité

    Autorité à charte

    Type/nom de projet

    Financement pour la conception (1)

    Edmonton

    Alberta Classical Academy

    acquisition et modernisation du campus Eastgate (M à 12) de l’Edmonton Classical Academy

    Renseignements connexes

    • Budget 2025 : Plan d’immobilisations (en anglais seulement)
    • Aperçu du budget 2025 (en anglais seulement)
    • Programme pour accélérer la construction d’écoles
    • Écoles publiques à charte (en anglais seulement)

    Nouvelles connexes

    • Construire des écoles aux quatre coins de la province (7 mars 2025)
    • Un plus grand nombre d’écoles pour la région de Calgary (14 mars 2025)

    Multimédia (en anglais seulement)

    • Regarder la conférence de presse

    MIL OSI Canada News

  • MIL-OSI Global: Cutting welfare goes against Labour’s core values – that’s the point

    Source: The Conversation – UK – By Tim Bale, Professor of Politics, Queen Mary University of London

    House of Commons/Flickr, CC BY-ND

    “It’s one thing to say the economy is not doing well and we’ve got a fiscal challenge … but cutting the benefits of the most vulnerable in our society who can’t work, to pay for that, is not going to work. And it’s not a Labour thing to do.”

    So says former Labour big beast turned centrist-dad podcaster Ed Balls about the government’s welfare reform proposals. Cue furious nods from all those who were hoping and expecting better – or at least not this – from Keir Starmer and Rachel Reeves.

    Reactions like these are wholly understandable. After all, the Labour party has long viewed support for the welfare state as both a flag around which the party can rally, and a stick with which to beat the Conservatives.

    But while that may have been the case in opposition, in office things have been a little more complicated.

    Going all the way back to the MacDonald and Attlee governments, through the Wilson era, and into the Blair and Brown years, Labour governments have often seen fit to talk and act tough to prove to voters, the media and the markets that they have a head as well as a heart. And if that means upsetting some of their MPs, their grassroots members and their core supporters in the electorate, then so be it.


    Want more politics coverage from academic experts? Every week, we bring you informed analysis of developments in government and fact check the claims being made.

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    Welfare encompasses a raft of policies that are as much symbolic as they are substantive. Choosing between them has tangible implications for those directly affected. But those choices also say something – and are intended to say something – about those politicians and parties making that choice.

    For Labour governments – and in particular Labour chancellors – cuts in provision, even (indeed perhaps especially) if they involve backtracking on previous commitments, have always been a means of communicating their determination to deal with the world as it supposedly is, not as some of their more radical colleagues would like it to be.

    Think of Philip Snowden insisting on cuts to unemployment benefits in 1931 in an eventually vain attempt to retain the gold standard. Or Hugh Gaitskell insisting on charges for NHS “teeth and specs” to pay for the Korean war in 1951. Or Roy Jenkins reimposing NHS prescription charges in 1968 to calm the markets after devaluation. Or Dennis Healey committing to spending cuts to secure a loan from the IMF (and to save sterling again) in 1976. Or Gordon Brown insisting on cutting single parent benefits in 1997.

    On every occasion, those decisions have provoked outrage: a full-scale split in the 1930s, the resignation of three ministers (including Harold Wilson and leftwing titan Nye Bevan) in the 50s, parliamentary rebellions and membership resignations in the 60s, more generalised despair in Labour and trade union ranks the 70s, and yet another Commons rebellion in the 90s.

    But what we need to appreciate is that the fallout is never merely accidental. Rather, it is a vital part of the drama. For the measures to have any chance of convincing sceptical markets and media outlets (as well as, perhaps, ordinary voters) their authors have to be seen to be committing symbolic violence against their party’s own cherished principles.

    The proof that sacred cows really are being sacrificed is the anger (ideally impotent anger) of those who cherish them most – Labour’s left wingers. Their reaction is not merely predictable (and expect, by the way, to see Labour’s right wingers employ that term pejoratively in the coming days), it is also functional.

    The cruelty is the point

    Away from the Labour party itself, both those directly affected by the changes to sickness and disability benefits and those who campaign on their behalf, are – rightly or wrongly – already labelling those changes as cruel. But, likewise (and to put it at its most extreme) the cruelty, to coin a phrase, is the point.

    The government will naturally be hoping that, in reality, as few people as possible will be significantly hurt by what it is doing. But the impression that it is prepared to run that risk in pursuit of its wider aim is, in many ways, vital to its success.

    As to what that wider aim is? Labour’s essential problem is that, for all its social democratic values, it understandably aspires to become the natural party of government in what is an overwhelmingly liberal capitalist political economy.

    It has all too often sought to achieve that, not so much by creating expectations among certain key groups and then rewarding them, as it has by aiming to demonstrate a world-as-it-is governing competence. That, in the view of its leaders (if not necessarily its followers), is the master key to the prolonged success experienced by the Conservative party – a party which has traditionally enjoyed the additional advantage of being culturally attuned to the market and media environment in which governing in the UK has to be done.

    So, no, Ed Balls, you’re wrong: for good or ill, this week’s announcement is very much “a Labour thing to do”.

    Tim Bale received funding from the ESRC for the PhD upon which the book, “Sacred Cows and Common Sense: The Symbolic Statecraft and Political Culture of the British Labour Party” is based.

    ref. Cutting welfare goes against Labour’s core values – that’s the point – https://theconversation.com/cutting-welfare-goes-against-labours-core-values-thats-the-point-252660

    MIL OSI – Global Reports

  • MIL-OSI Europe: EU to strengthen defence capabilities and ramp up defence spending

    Source: European Union 2

    To improve our security in the face of rapid geopolitical shifts, the EU has issued a defence package that will strengthen our defence capabilities. It has outlined its vision to rearm Europe and proposed a plan to mobilise up to €800 billion to finance increased defence spending.

    MIL OSI Europe News

  • MIL-OSI United Nations: Haitian media struggle to survive in face of attacks, revenue collapse

    Source: United Nations MIL OSI

    By Conor Lennon

    Peace and Security

    An increase in attacks on media outlets in Haiti by armed gangs which control most of the capital Port-au-Prince are intended to intimidate journalists and instill chaos according to the UN agency for culture, UNESCO.

    The Caribbean island nation is facing humanitarian, economic and political crises in addition to the break-down of law and order.

    In the last week, three media houses were targeted, in what appears to be a change in gang tactics in order to isolate the population.

    UN News asked Frantz Duval, the editor of Le Nouvelliste newspaper, Hervé LeRouge, the CEO of Le National newspaper and Télévision-Radio Pacific, and the head of the UNESCO Haiti office, Eric Voli Bi, what effect the attacks are having on journalists’ ability to continue providing accurate information to Haitians about the crisis there.

    UNOCHA

    Most of the Haitian capital, Port-au-Prince, is controlled by gangs.

    An attempt to silence the free press

    Frantz Duval: The Haitian press has been under attack for a long time already. It’s already been a year since our offices were totally vandalized. There have -also been attacks on Radio Télévision Caraïbes, Radio Mélodie, and Télé Pluriel. It’s all part of the total takeover of the Haitian capital by armed gangs, which has affected all institutions as well as private individuals.

    Eric Voli Bi: The situation is very alarming. We are seeing repeated against civilians, students and journalists. The attacks against the media are intended to intimidate them and end their essential mission of informing the public. UNESCO is calling for immediate measures to ensure the safety of journalists, protect their media facilities and create a secure environment for the free exercise of the press.

    Frantz Duval: Le Nouvelliste is 127 years old, and under the same ownership for four generations. It is the first time we have suffered a crisis of this magnitude. There have been difficult political situations in the past which disrupted publication, but only for a week or two. Even when we were hit by the 2010 earthquake, we resumed publishing just a few months later.

    It is very difficult to travel in Port-au-Prince. Those who continue to work are restricted to ever smaller areas. This means that are fewer news images and reports from places where there are violent clashes, because journalists no longer venture into these areas.

    Decades of archives and essential equipment destroyed

    Frantz Duval: When our historic premises were vandalized in March 2024, the editorial staff were unharmed because they had already left, but we couldn’t take the printing presses or our archives. Because downtown Port-au-Prince became a no-go area due to the presence of gangs, it was 10 months before we could get to the building. There was almost nothing left. This means that now we are an online-only news organisation.

    © UNOCHA/Giles Clarke

    A 63-year-old woman lies wounded on the floor of a hospital in Port-au-Prince after warring gangs swept through her neighborhood.

    Hervé LeRouge: So far, neither I nor my media companies have been attacked. However, I own several construction companies, providing concrete and asphalt, and two weeks ago, we were attacked by the gangs. Our premises were reduced to ruins and one of my employees was killed. He had been with me for fifteen years. It was a big loss.

    Non-existent revenue

    Frantz Duval: There are no subsidies or public funds for the Haitian press. Everything is financed by advertising, which has been slashed because hardly any businesses are doing well enough to be able to advertise.

    Hervé LeRouge: 51 people work for my TV station and newspaper, and the revenue doesn’t even cover payroll. My other companies allow me to pay their salaries, and I don’t want to let them go because there is no work for them anywhere else right now. Also, I consider this career to be a social service to the community.

    Eric Voli Bi: For the press to survive this difficult period, it goes without saying that we will still need a minimum of security in this country, and that is the responsibility of the government.

    UNESCO is working with the Ministry of Communications to restructure the state broadcaster (Radio Télévision Nationale d’Haïti), by providing training and new equipment. We are also using social media to help get verified information to the people, but also radio, which remains the must trusted channel of communication, especially in the countryside.

    Reliable information ‘a matter of life and death’

    Eric Voli Bi: Access to reliable information can be a matter of life and death. It can help people to identify safe zones, avoid danger and make the right decisions to protect themselves and their families.

    © UNICEF/Ralph Tedy Erol

    People flee the neighbourhood of Solino in Port-au-Prince following gang attacks there in May 2024.

    Hervé LeRouge: These journalists are used to difficult situations because, every day, they are reporting and presenting live shows from the streets, just as they have always done, showing the population what is happening, so that they know where it is safe to go. That is the service we provide to the people.

    Eric Voli Bi: The armed groups are trying to isolate the population and create chaos in the in the country by attacking the media. Press freedom is essential to guarantee the right to information and ensure transparency in the society. It’s also a platform for diverse voices a key to ensuring transparency. In this country, which has been scarred by violence and instability, knowing the truth can be incredibly healing.

    Hervé LeRouge: I will not leave the country I love. This is my country, and I will defend it even at the risk of my life.

    MIL OSI United Nations News

  • MIL-OSI Global: Labour says benefit reforms are a ‘moral mission’ – it looks more like moral panic

    Source: The Conversation – UK – By James Morrison, Associate Professor in Journalism Studies, University of Stirling

    House of Commons/Flickr, CC BY-ND

    After weeks of speculation, Liz Kendall, work and pensions secretary, has unveiled her plans to reform welfare and cut the country’s ballooning benefits bill. The proposals include:

    • stricter eligibility requirements for Personal Independence Payments (Pip), the main disability benefit
    • scrapping the work capability assessment for universal credit
    • freezing or cutting the incapacity benefit “top-up” to universal credit for new claimants
    • reducing incapacity benefits for under-22s
    • increasing the standard rate of universal credit for claimants seeking work
    • introducing a “right to try”, so that people can try work without automatically losing benefits or being reassessed.

    Kendall, along with her fellow Labour ministers, has tried to sell the proposals as a “moral mission”. Prime Minister Keir Starmer has repeatedly framed the cuts as a “moral duty”.

    Cabinet office minister Ellie Reeves argues it is the party’s “moral obligation” to prevent “a lost generation” of young people being consigned to long-term worklessness.

    I research the impact of how the media and politicians talk about welfare (and people who claim it) on public attitudes and benefit recipients themselves. In recent weeks, I’ve asked myself: what exactly is “moral” about welfare reform? Do ministers see it as morally wrong to leave working-aged people “on the scrap heap”? Or are they more concerned with demonstrating their moral duty to taxpayers – by cutting benefits for people they claim could be working?

    The proposals do contain measures that back up ministers’ claims to genuinely want to help people, rather than simply cut costs. The “right to try” guarantee should allow those outside the labour market to give work a go without losing benefits if this doesn’t work out.

    But if ministers are being driven by morality, I would argue they have approached the problem the wrong way round. The first priority should be not to cut the benefit bill, but to introduce proper support. This, of course, will likely push costs up in the short term. Savings will follow, but only if help translates into meaningful, dignified work.


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    Starmer has pledged to stop a “wasted generation” of school leavers not in education, employment or training (Neets) missing out on the “the dignity of work”.

    But by hammering home this message with the uncompromising pro-worker slogan “this is the Labour party”, he aligns himself with a specific moral orthodoxy. This affirms the moral superiority of his government’s defining shibboleth, “working people”, by defending hardworking taxpayers who feel it is “unsustainable, indefensible and unfair” to keep footing a “spiralling bill” for welfare.

    The moral crusade to promote the virtues of honest toil is doubtless fuelled by surveys suggesting tough talk on benefits remains popular with socially conservative voters the party fears losing to Reform UK.

    However, many polls are nuanced. A new Ipsos survey identifies a “benefits paradox”, wherein 37% of Britons agree that “ensuring everyone who needs health-related benefits” should be “prioritised, even if it means some who could work do not”. The same survey had just 23% favouring tougher eligibility requirements.

    Moral mission or moral panic?

    As my own research shows, when “welfare reform” agendas are couched in the language of “moral missions”, what is really happening is moral panic. We are witnessing escalating alarm at a perceived threat to the moral order that is disproportionate to the true scale of the problem.

    True, the number of people inactive due to sickness or disability is higher than before the pandemic, but suggestions that overall inactivity has reached record levels are wrong. Although a higher percentage of 16- to 64-year-olds was inactive during 2024 than in Germany or Ireland, this was lower than the previous year’s rate (down from 22% to 21.5%), and fell further in early 2025, according to the Office for National Statistics.

    Britain’s 2024 inactivity rate was also beneath those of 15 other European countries (including France and Spain), the US and the EU average. The true high point of UK inactivity came in 1983, when more than a quarter of working-aged adults were inactive.

    Kendall has distanced herself from the language of “scroungers” I analysed in my book on welfare discourse under the 2010-15 coalition government. But connotations can be just as stigmatising as overt labels.

    In endlessly employing the mantra “those who can work should work,” ministers channel timeworn tropes distinguishing between the deserving and undeserving poor.




    Read more:
    Getting Britain to work without blaming ‘scroungers’ – can Starmer change the narrative?


    The new proposals include a ‘right to try’ work without fear of losing benefits.
    SeventyFour/Shutterstock

    There is a moral case for offering tailored, sensitive support to disabled people who want to work but face significant barriers – including inflexible employers and the pressure of caring for others.

    But this should not come at the cost of impoverishing people unable to work – as some unlikely critics of the government’s proposals point out.

    Tony Blair’s onetime Cabinet Secretary Gus O’Donnell told Radio 4 it would be “immoral” to damage people with severe disabilities “who don’t have any option but to be on benefits”. And Blairite former work and pensions secretary Lord Hutton warned that sweeping benefit cuts would “drive millions and millions of people into penury”.

    The government says its reforms are a moral mission, but they are already having immoral effects. Just how moral is it to terrify people already struggling to afford basic essentials with the prospect of being driven into deeper poverty? Or to encourage young people into work that is likely to be low-paid and insecure?

    If there’s one message we can take from the unseemly spectacle of leaks and briefings leading to this week’s announcement, it may be this: we’ve been watching a government on the brink of losing its moral compass.

    James Morrison receives funding from the Arts and Humanities Research Council for a project entitled Voices from the Periphery: (De)Constructing and Contesting Public Narratives about Post-Industrial Marginalisation (VOICES).

    ref. Labour says benefit reforms are a ‘moral mission’ – it looks more like moral panic – https://theconversation.com/labour-says-benefit-reforms-are-a-moral-mission-it-looks-more-like-moral-panic-252404

    MIL OSI – Global Reports

  • MIL-OSI Global: Only 15 countries have met the latest Paris agreement deadline. Is any nation serious about tackling climate change?

    Source: The Conversation – UK – By Doug Specht, Reader in Cultural Geography and Communication, University of Westminster

    Svet Foto/Shutterstock

    The latest deadline for countries to submit plans for slashing the greenhouse gas emissions fuelling climate change has passed. Only 15 countries met it – less than 8% of the 194 parties currently signed up to the Paris agreement, which obliges countries to submit new proposals for eliminating emissions every five years.

    Known as nationally determined contributions, or NDCs, these plans outline how each country intends to help limit average global temperature rise to 1.5°C above pre-industrial levels, or at most 2°C. This might include cutting emissions by generating more energy from wind and solar, or adapting to a heating world by restoring wetlands as protection against more severe floods and wildfires.

    Each new NDC should outline more stringent emissions cuts than the last. It should also show how each country seeks to mitigate climate change over the following ten years. This system is designed to progressively strengthen (or “ratchet up”) global efforts to combat climate change.

    The February 2025 deadline for submitting NDCs was set nine months before the next UN climate change conference, Cop30 in Belém, Brazil.

    Without a comprehensive set of NDCs for countries to compare themselves against, there will be less pressure on negotiators to raise national ambitions. Assessing how much money certain countries need to decarbonise and adapt to climate change, and how much is available, will also be more difficult.

    While countries can (and some will) continue to submit NDCs, the poor compliance rate so far suggests a lack of urgency that bodes ill for avoiding the worst climate outcomes this century.

    Who submitted?

    The 15 countries that submitted NDCs on time include the United Arab Emirates, the UK, Switzerland, Ecuador and a number of small states, such as Andorra and the Marshall Islands.

    Cop30 host Brazil submitted a pledge to reduce greenhouse gas emissions by 59-67% by 2035, compared to 2005 levels. This is up from its previous commitment, a 37% reduction by 2025 and 43% by 2030. Unfortunately, Brazil is not on track to meet its 2025 target and has set a more recent emissions baseline that will make any reductions more modest than they’d otherwise be.

    Japan aims to reduce greenhouse gas emissions by 60% in 2035 and 73% in 2040, compared to 2013 levels. Japan’s previous target was for a 46% reduction by 2030. This demonstrates how the ratchet system is supposed to work.

    The UK’s NDC, which pledges to reduce all greenhouse gas emissions by at least 81% by 2035, compared to 1990 levels, was described by independent scientists as “compatible” with limiting global heating to 1.5°C.

    The US submitted a plan to reduce net greenhouse gas emissions by 61-66% below 2005 levels by 2035. However, this was before Donald Trump pulled the US out of the Paris agreement (for the second time), so the commitment of one of the world’s largest polluters is in doubt.

    Who didn’t submit?

    Some of the world’s largest emitters failed to submit new NDCs, including China, India and Russia.

    India pledged to reduce its emissions by 35% below 2005 levels by 2030 at the signing of the Paris agreement. All of the country’s subsequent NDCs have been rated as “insufficient” by independent scientists. India’s recent national budget announcement offered scant additional funding for climate mitigation and adaptation measures.

    China also made big promises in 2015 with its aim to lower its CO₂ emissions by 65% by 2030, from a 2005 baseline. However, China has been responsible for over 90% of global CO₂ emissions growth since the Paris agreement was signed. China and the US also suspended formal discussions on climate change in 2022. Increased economic competition between these two nations has resulted in export control restrictions and tariffs which have made green technologies like electric vehicles more expensive, which is certain to slow down the shift from fossil fuels.

    Russia joined the Paris agreement in 2019. Its first NDC was labelled “critically insufficient” by scientists, and its follow-up in 2020 did not include increased targets. Russia is maximising the extraction of resources such as oil, gas and minerals and its 2035 strategy for the Arctic included plans to sink several oil wells on the continental shelf.

    With the USA’s 2025 NDC in limbo, President Trump is eyeing mineral reserves in Ukraine and Greenland, further ramping up oil production and cutting international climate research funding.

    The European Union could have positioned itself as a leader of global climate action, in lieu of US involvement. But the EU, which submits NDCs as a bloc alongside individual country submissions, also failed to submit on time.

    Global shifts

    The failure of most nations to submit new emission plans suggests that the era of cooperation on climate change is over. The largest and most powerful of these nations are growing their military and diplomatic presence around the world, particularly in countries with large reserves of critical minerals for electric vehicles and other technology relevant to decarbonisation. The lack of NDCs from these nations may be less a matter of middling green ambitions, more an attempt to disguise their planned exploitation of other countries’ resources.

    If countries keep failing to submit enhanced NDCs, or even withdraw from their commitments entirely, scientists warn that global heating could reach a catastrophic 4.4°C by 2100. This scenario assumes the continued, unabated use of fossil fuels, with little regard for the climate.

    In a more optimistic scenario, countries could limit warming to around 1.8°C by 2100. This will require global cooperation and significant investment in green technology, and entail a transition to net zero emissions by mid-century. This is a process that must include everyone. Simply having the most powerful nations decarbonise by exploiting and hoarding resources will imperil this critical target.

    The actual outcome will probably fall somewhere between these two scenarios, depending on forthcoming NDCs and how quickly and thoroughly they are implemented. All of the scenarios envisaged by climate scientists will involve warming continuing for decades.

    The effects of this warming will vary, however, based on the path we choose today.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.


    Doug Specht 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. Only 15 countries have met the latest Paris agreement deadline. Is any nation serious about tackling climate change? – https://theconversation.com/only-15-countries-have-met-the-latest-paris-agreement-deadline-is-any-nation-serious-about-tackling-climate-change-250847

    MIL OSI – Global Reports

  • MIL-OSI USA: NEWS: Sanders Announces Winners of Fifteenth Annual State of the Union Essay Contest for Vermont Students

    US Senate News:

    Source: United States Senator for Vermont – Bernie Sanders

    BURLINGTON, Vt., March 19 – Sen. Bernie Sanders (I-Vt.) on Wednesday announced the winners of his fifteenth annual State of the Union Essay Contest, which gives Vermont high school students the opportunity to describe a major issue facing our country and propose what they would do to solve it. This year, 475 students from 25 Vermont high schools submitted essays. A panel of nine Vermont educators served as volunteer judges, ranking the essays and selecting 12 finalists and three winners.

    Since Sanders started the contest, over 6,600 students throughout Vermont – representing almost every high school in the state – have written essays about critically important issues, including climate change, access to mental health care, immigration reform, the housing crisis, political polarization, and the cost of higher education.

    “In difficult times, what makes me most hopeful is seeing young people engaged, thinking critically about the challenges we face as a country,” said Sanders. “Thank you to all the students who participated in this year’s contest. I look forward to hearing from the finalists and discussing their ideas about how to move forward on some very important issues.”

    Sanders has invited the 15 winners and finalists to join him for a roundtable discussion, which will be held at the Vermont State House on March 29. Sanders has also entered the finalists’ essays into the Congressional Record, the official archive of the U.S. Congress. The contest is timed to coincide with the President’s annual address to a joint session of Congress, which took place on Tuesday, March 4.

    Justason Lahue, from Burr and Burton Academy, won first-place with an essay on the effects of social media on adolescents’ mental health: “A 2023 Gallup survey found that teenagers spend an average of 4.8 hours on social media daily. Alarmingly, a longitudinal study involving 6,595 adolescents revealed that spending over 3 hours daily on social media doubled the risk of poor mental health outcomes, such as anxiety and depression…I propose a bill called the Youth Mental Health Protection Act. This act would target a root cause of social media-related youth mental health issues by changing the legal age of ‘internet adulthood’ (i.e., when one can sign up for most online platforms, consent to terms of service, and share personal data). This act would make 16 the legally required age to access social media.”

    Ari Glasser, the second-place winner from Essex High School, wrote about the influence of billionaires in our political system: “Today, America is in a sort of Second Gilded Age-complete with drastic wealth inequality and a dangerous level of influence by the ultra-wealthy that is becoming ever nearer to oligarchy. Just 735 billionaires hold more wealth than the bottom half of all American households. In order to reduce the concerning level of billionaire influence, many reforms must be enacted, but perhaps most important is a wealth tax. This could raise trillions of dollars for the government while also reducing the wealth and influence of billionaires over time… In addition to reducing the economic power of billionaires, their political influence must be reduced through the use of campaign finance reform-most importantly, overturning the 2010 Supreme Court decision in Citizens United v. FEC.”

    Ely White, the third-place winner from Leland and Gray Union Middle High School, wrote about political polarization: “Political polarization has grown in the past decade in the United States, transforming healthy debates of ideas into an endless battle of ‘us’ against ‘them’… This deepening division threatens the ideals of our democracy, making it nearly impossible to address the critical issues that face our country today…Ranked-choice voting (RCV) is a system that allows voters to rank candidates in order of preference, the votes for the lowest-ranking candidate then redistributed to voters’ next choice until a majority is achieved. RCV would encourage candidates to appeal to broader ranges of voters rather than just their base, incentivizing politicians to take moderate stances rather than extreme party-driven positions…. Integrating civic education and media literacy into our schools and communities could also work as a grassroots solution in helping individuals evaluate information and recognize bias in misinformation and ideological chambers.”

    The winners of this year’s contest:

    • First place: Justason Lahue, Burr and Burton Academy, Junior
    • Second place: Ari Glasser, Essex High School, Junior
    • Third place: Ely White, Leland and Gray Union Middle High School, Senior

    The finalists of this year’s contest (in alphabetical order by last name):

    • Leo Beebe, Winooski High School, Senior
    • Emilee Brownell, Essex High School, Junior
    • Sofia Bush, Mount Mansfield Union High School, Junior
    • Aleksandra Cirovic, Woodstock Union High School, Junior
    • Allie Hamilton, Mount Mansfield Union High School, Junior
    • Mia Konefal, South Burlington High School, Freshman
    • Hazel O’Brien, Twinfield Union School, Senior
    • Mackenzie Russell, Harwood Union High School, Junior
    • Hannah Smiley, Milton High School, Senior
    • Winslow Solomon, Vermont Commons School, Senior
    • Owen Stygles, Bellows Free Academy Fairfax, Senior
    • Amy Vaughan, Oxbow High School, Junior

    Read the essays of the winners and finalists here.

    Learn more about opportunities for Vermont students through Sanders’ office by visiting https://www.sanders.senate.gov/vermont/students/.

    MIL OSI USA News

  • MIL-OSI: BexBack Launches No KYC, 100x Leverage Crypto Futures Trading, Double Deposit Bonus & $50 Welcome Bonus

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 19, 2025 (GLOBE NEWSWIRE) — Following President Donald Trump’s announcement to include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) in the U.S. Strategic Crypto Reserve, the crypto market has experienced significant volatility. This led Bitcoin to surge past $94,000, while other major altcoins followed suit, reaffirming short-term market turbulence.

    As analysts predict continued volatility, simply holding spot positions may not generate profits. 100x leverage futures trading has become the preferred tool for experienced investors looking to maximize returns from market fluctuations. To meet growing demand, BexBack Exchange is offering exclusive promotions:

    • 100% Deposit Bonus – Double your funds instantly.
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    • 100x Leverage on Crypto Trading – Maximize potential profits.
    • No KYC Required – Start trading immediately without identity verification.

    How Does 100x Leverage Work?

    With 100x leverage, traders can control larger positions with less capital. For example:

    • A 1 BTC long position with 100x leverage equals 100 BTC in trading value.
    • If Bitcoin rises to $105,000, the profit is 5 BTC, yielding a 500% return.

    About BexBack

    BexBack is a leading platform offering 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It’s trusted by 500,000+ traders worldwide and provides:

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    • High-Leverage Trading – Trade with up to 100x leverage for enhanced capital efficiency.
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    Sign up today to claim your 100% deposit bonus and $50 welcome bonus, and start trading with 100x leverage!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/442bde6f-8dca-47cd-8b20-1f71c039ad58

    https://www.globenewswire.com/NewsRoom/AttachmentNg/35757608-961f-4f0b-af9d-9bd5af6ffedf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6147c4c8-fa52-4dd5-92eb-c3f9c85d8419

    https://www.globenewswire.com/NewsRoom/AttachmentNg/269c1af7-d653-480b-99cb-a8f1f8fdd88a

    The MIL Network

  • MIL-OSI: authID Named “Best ID Management Platform” Award in 2025 FinTech Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    The biometric verification and authentication leader was honored for setting a new standard in identity management with its advanced biometric solutions

    DENVER, Colorado, March 19, 2025 (GLOBE NEWSWIRE) — authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that it has once again been selected as the winner of the “Best ID Management Platform” award in the 2025 FinTech Breakthrough Awards.

    Presented by FinTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market, the 9th annual FinTech Breakthrough Awards recognize the most innovative companies in the financial technology industry, highlighting those that have demonstrated exceptional performance and growth. authID was recognized for its groundbreaking biometric identity verification technology, which has set a new standard for precision, speed, and data privacy in the fintech industry, as well as the verification landscape at large.

    This marks the third time in the past four years that authID has been recognized as the “Best ID Management Platform” by FinTech Breakthrough. The company previously received this recognition in 2022 and 2023.

    “We are honored to once again be recognized as the ‘Best ID Management Platform’ by FinTech Breakthrough,” said Rhon Daguro, CEO of authID. “At authID, we are committed to helping businesses navigate the ever-evolving challenges of digital identity security. Our platform offers biometric authentication and identity verification solutions that are not only sub-second fast and accurate but also designed with privacy and compliance in mind. This recognition is a testament to the dedication of our team in making the digital ecosystem safer, more secure, and more user-friendly for both businesses and consumers.”

    As consumer awareness of data privacy grows, authID addresses the need for secure digital identity management without compromising on compliance or ease of use. By leveraging public/private key encryption and key-rotation capabilities, as well as advanced deepfake detection, authID’s solutions enable companies to control who can access sensitive data and combat sophisticated fraud. Moreover, authID’s groundbreaking PrivacyKey™ solution stores zero biometric data while retaining one-in-one-billion false-match accuracy and 25ms authentication speed, and helping prevent identity fraud, account takeovers, and data breaches, ensuring clients stay ahead of emerging threats and regulatory changes.

    The FinTech Breakthrough Award nominations were evaluated by an independent panel of experts within the financial services and technology industries, with the winning products and companies selected based on a variety of criteria. For more about the 2025 Fintech Breakthrough Awards, click here. Learn more about authID and its suite of solutions here.

    About authID

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID quickly and accurately verifies a user’s identity and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. With our ground-breaking PrivacyKey Solution, authID delivers all the benefits of biometric identity verification, with a 1-to-1-billion false match rate, while storing no biometric data. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, prevents account takeover, eliminates password risks and costs, and provides the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem. Contact us to discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks, and account takeover.

    Media Contacts

    NextTech Communications
    Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts
    Investor-Relations@authid.ai

    Gateway Group, Inc.
    Cody Slach and Alex Thompson
    1-949-574-3860
    AUID@gateway-grp.com

    The MIL Network