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Category: Education

  • MIL-OSI USA: Senate Advancing Forest Innovation in Georgia Study Committee to Hold Second Meeting

    Source: US State of Georgia

    ATLANTA (September 23, 2024) — On Monday, September 30,2024, at 10:00 a.m., the Senate Advancing Forest Innovation in Georgia Study Committee, chaired by President Pro Tempore John F. Kennedy (R–Macon), will hold its second hearing.

    EVENT DETAILS:                      

    • Date: Monday, September 30, 2024
    • Time: 10:00 a.m.
    • Location: 450 State Capitol, 206 Washington St SW, Atlanta, GA, 30334
    • This event is open to the public and will be live-streamed on the Georgia General Assembly website here.

    ABOUT THE MEETING:         

    The Senate Advancing Forest Innovation in Georgia Study Committee examines how public policy can encourage investment in facilities that create sustainable manufacturing components, practices, and energy derived from Georgia-grown products.

    MEDIA OPPORTUNITIES:

    We kindly request that members of the media confirm their attendance in advance by contacting Jantz Womack at senatepressinquiries@senate.ga.gov. 

    # # # #

    Sen. John F. Kennedy serves as the President Pro Tempore of the Georgia State Senate. He represents the 18th Senate District which includes Upson, Monroe, Peach, Crawford, as well as portions of Bibb and Houston County. He may be reached at 404.656.6578 or by email at john.kennedy@senate.ga.gov.

    MIL OSI USA News –

  • MIL-OSI NGOs: The long road to recovery for Gaza’s war-wounded children story Sep 20, 2024

    Source: Doctors Without Borders –

    “I heard that when you die, you can still hear people’s voices as they bury you—their prayers and their footsteps as they walk away from your final resting place,” says Karam.

    Karam is receiving care at the hospital run by Doctors Without Borders/Médecins Sans Frontières (MSF) in Amman, Jordan, where our teams provide reconstructive surgery for patients from countries experiencing war, such as Iraq, Yemen, and Gaza, Palestine. 

    The home of Karam (left) was obliterated in an Israeli airstrike, killing everyone in his family except for his sister Ghina and father Ziad (right). Karam was badly injured, with burns across his whole face and body.
    Jordan 2024 © Moises Saman

    “He had no human features”

    On February 14, 2024, an Israeli airstrike obliterated Karam’s home in Gaza, killing everyone in his family except for his 7-year-old sister, Ghina, and his father, Ziyad. Karam was badly injured, with burns across his whole face and body.

    “In the ambulance, I could feel the speed bumps but I couldn’t open my eyes,” Karam says. “I could still hear voices, so I was afraid that maybe I was already dead.”

    That day, Al-Aqsa Hospital was overwhelmed with casualties after the bombing of Nuseirat camp in central Gaza by Israeli forces. When Karam arrived at the hospital, the emergency room team worked to resuscitate him, but they eventually had to move on to treat other patients because they, too, thought he was dead.

    In the ambulance, I could feel the speed bumps but I couldn’t open my eyes. I could still hear voices, so I was afraid that maybe I was already dead.

    Karam, 17, MSF patient

    One hour later, Karam’s uncle, who worked as a nurse at Al-Aqsa Hospital, entered the emergency room and realized that his nephew was still breathing. He rushed Karam to the operating theater, where MSF staff performed CPR and emergency surgery, saving his life.

    His father, Ziyad, is a psychologist for UNRWA and was working at a refuge center when their family home in Nuseirat was hit.

    “When I found out about the strike, I rushed to Al-Aqsa, as my neighbor told me that Ghina and Karam had been taken there,” says Ziyad. “I got to the emergency room and there were bodies everywhere, all over the floor. I found Ghina with first-degree burns on her face, shoulders, and back.”

    The impact of the bomb dropped on Ziyad’s home was so strong that all that remains of the house is a crater. The blast killed 13 members of Ziyad’s family, including his wife, his youngest son Mohammed, and his eldest son Tareq, who was stuck in Gaza due to the war while visiting from Russia, where he was studying dentistry. 

    Ziyad with his daughter Ghina and son Karam in the hospital room they share at MSF’s hospital in Amman. Ziyad’s elder son Tareq, who was visiting from Russia where he was studying to be a dentist, was killed in the strike that injured Ghina and Karam.
    Jordan 2024 © Moises Saman/MSF

    “When Karam was brought into the emergency room, I didn’t notice it was my son,” says Ziyad. “He had no human features on him. There were no clothes left on him. His body was completely black. His eyes were closed.”

    After stabilizing Karam, MSF and Ministry of Health staff at Al-Aqsa Hospital performed six rounds of plastic surgery on Karam’s severely burned body. For seven days he was in a coma.

    Karam was later evacuated to the Emirati floating hospital in Al-Arish, Egypt and then was flown to MSF’s reconstructive surgery hospital in Amman, where he is currently receiving comprehensive rehabilitation, along with his sister and other patients who have been medically evacuated from Gaza.

    Thousands in Gaza need specialized care but are trapped

    The small number of patients from Gaza receiving vital rehabilitation at MSF’s hospital in Amman are barely a ripple on the surface of needs across the Gaza Strip.

    “We know from our experience at the reconstructive surgery hospital in Amman, where we have treated people with war wounds from the region for nearly 20 years, that typically up to 4 percent of people who suffer war injuries will need reconstructive surgery,” says Moeen Mahmood Shaief, MSF head of mission in Jordan.

    “In the case of Gaza, we are talking about nearly 100,000 people who have been injured since October 7, 2023. Therefore we are looking at up to 4,000 people in Gaza who need reconstructive surgery and comprehensive rehabilitation,” he says.

    Deema was almost killed when she fell four storeys from her balcony following an Israeli airstrike and was buried under the rubble for an hour.
    Jordan 2024 © Moises Saman/MSF

    Almost 60 percent of medical evacuation requests are denied

    According to OCHA, at least 41,000 people have been killed—not counting at least 10,000 still missing under rubble—in Gaza since the war started last year, and over 95,000 people have been injured, with at least 14,000 in need of medical evacuation. 

    However, the process that allows a wounded patient to be referred abroad for care is long and complicated. The Israeli authorities’ criteria for approving requests are unclear and patients often have to wait months for a response. Almost 60 percent of requests for medical evacuations from Gaza are turned down, according to the World Health Organization. This includes requests to evacuate wounded children and their caretakers, according to MSF.

    MSF calls for medical evacuations without prejudice to Palestinians’ right to return

    Thousands of Palestinians in Gaza require complex and sustained medical care that is unavailable in the Strip due to the collapse of its health system during the war. Israel must resume issuing medical referral permits for treatment in the West Bank and Jerusalem for severe cases that cannot be treated in Gaza. All medical referrals, patients, and their caregivers must be guaranteed safe, voluntary, and dignified return to Gaza.

    Learn more

    “Of the eight cases for which we applied for medical evacuation in August, only three were approved with their caretakers by the Israeli authorities,” says Dr. Hani Isleem, MSF project coordinator for medical evacuations from Gaza.

    “We will apply again for the next batch, but it is 100 percent clear that they will not approve all the patients. Perhaps they are suspicious of allowing adults to leave the Gaza Strip, but even that suspicion cannot explain the refusal to evacuate children.” 

    MSF calls on the Israeli authorities to ensure medical evacuations for Palestinians in need of specialized medical care, including their caregivers, and for other states to receive and facilitate treatment outside of Gaza, while ensuring that all patients and their caregivers are guaranteed safe, voluntary, and dignified return to Gaza.

    Deema’s little brother Hazem was playing football outside when their home collapsed, leaving him severely injured, while Deema was holding her baby nephew inside. After being trapped under the rubble, Deema survived, but the baby was never found.
    Jordan 2024 © Moises Saman

    “It was pitch black under the rubble”

    Deema, 11, and her family were sheltering at their home in Gaza City when their neighbor’s house was hit by an airstrike on October 10, 2023. Deema was on the fourth floor, holding her baby nephew in her arms, when the building collapsed around them. She fell four stories to the ground floor.

    “It was pitch black under the rubble,” says Deema. “I couldn’t open my eyes and could barely breathe. I couldn’t hear anyone and I couldn’t speak. There was dust and stones covering my face. I was convinced that I was going to die.”

    “I managed to move my hand under the rubble and used a cable to signal to people that I was there,” she continues. “I remember hearing voices, and I felt air on my leg, and soon people were pulling me out and rushing me to the ambulance. To this day, they haven’t found my baby nephew.”

    Seventy-five people were killed in the strike, including Deema’s 14-year-old brother, Hamza. Her younger brother, Hazem, was playing football outside and was also severely injured when the building collapsed. After the dust settled and rescue teams arrived at the scene, Deema and Hazem were rushed to Al-Shifa Hospital, where they received emergency medical care.

    The most dangerous place in the world to be a child

    Read more

    Due to the incessant bombardment of Gaza City, Deema, Hazem, and their mother, Eman, stayed at Al-Shifa Hospital for six months. They were eating, sleeping, and receiving care there, along with thousands of other Palestinians who were taking shelter inside the hospital.

    On March 18, 2024, Israeli forces surrounded the hospital, forcing the thousands of people inside to flee. In the chaos of the evacuation, Deema became separated from her mother and Hazem, who were forced to move south. Meanwhile, Deema managed to reunite with her father and took shelter with him at Asma’a School in Gaza City, where they remained for 45 days.

    “We stayed in a classroom with around 50 families,” explains Deema. “We had almost no food or water, and there was no electricity or gas, so we had to light fires. My shoulder was broken, and I couldn’t move it at all and I was barely able to walk at that time.”

    In early May, Deema was at last able to travel to the south of Gaza, where she was reunited with her mother and Hazem in Rafah. One week later they were medically evacuated, first to Egypt and then to MSF’s hospital in Amman, where Deema and Hazem continue to receive reconstructive surgery, physiotherapy, and mental health support. 

    As a result of the attack on her home, Deema suffered fractures to her right femur and shoulder as well as an open wound to her forehead. In Amman, the MSF physiotherapy team works with her daily to encourage her fractured bones to heal before the external fixator in her leg can be removed. With time, she hopes to be able to regain full function of her limbs.

    “I wasn’t able to move my ankle or my arm when I first arrived in Jordan, but with the help of surgery and physiotherapy I can move them both again,” says Deema. “But it’s hard for me to think of the future as long as there is war in Gaza.”

    Adolescents are particularly vulnerable to the acute stress and life-changing injuries they have suffered in Gaza.
    Jordan 2024 © Moises Saman

    The mental health impact on Gaza’s war-wounded

    MSF mental health teams at the Amman hospital have noted that before the start of the war, Palestinians from Gaza already suffered from depression and frustration, often related to unemployment, poverty, and high addiction rates, as well as to disabilities and amputations caused by previous wars. However, since the war started last October the mental health of Gazans has deteriorated dramatically.

    “A lot of patients coming from Gaza to the Amman hospital are experiencing not only post-traumatic stress disorder, but even acute stress syndrome,” says Dr. Ahmad Mahmoud Al Salem, MSF psychiatrist at the hospital in Amman. “This means that the patients usually have a lot of nightmares and a lot of flashbacks, as well as low mood, insomnia, and avoidance of the whole memory.”

    This is not a normal trauma. This is a huge, tormenting catastrophe, and psychologically their minds are unable to bear all of this stress.

    Dr. Ahmad Mahmoud Al Salem, MSF psychiatrist

    Many Palestinians in Gaza have witnessed the destruction of their homes and the killing of their families, and many have suffered life-changing injuries. On top of that, they are constantly learning of the loss of more family members and friends.

    “This is not a normal trauma,” says Dr. Al Salem. “This is a huge, tormenting catastrophe, and psychologically their minds are unable to bear all of this stress.”

    The mental health team at MSF’s hospital in Amman provide patients who have suffered acute trauma with comprehensive therapy. Children are offered one-on-one psychological support, as well as educational activities and occupational therapy to help them feel more empowered. The more severe cases are referred to Dr. Al Salem for psychiatric support and medication.

    Longing for Gaza after medical evacuation: Abdul Rahman’s story

    Read about Abdul Rahman

    Adolescents are particularly vulnerable to the acute stress and life-changing injuries they have suffered.

    “Adolescents can suffer real misery, as they are just starting to form their personality and their identity,” adds Dr. Al Salem. “They are beginning to understand their place in the world and they are asking themselves: ‘Will I be productive one day, will I be attractive, will I be able to earn money?’”

    According to Dr. Al Salem, adolescent patients who have suffered horrific, life-changing wounds will need long-term psychotherapy and support, not only to deal with painful memories and mental trauma, but to rebuild their sense of self-worth and learn to live with a disability.

    “These kids need support to rebuild their self-worth and self-esteem,” says Dr. Al Salem. “But it takes time.”

    Shahed, 16, from Rafah, Gaza, survived a December 9, 2023, airstrike that killed her father and sister. “I remember waking up in the ambulance.”
    Jordan 2024 © Moises Saman/MSF

    Living life by the moment

    For young Palestinian patients at MSF’s Amman hospital, the future remains dark and unclear. There is still no safe place in Gaza, and while they may be able to return to Gaza physically at some point, the prospects are bleak. All of them have lost family members, as well as their homes and their schools.

    Deema wants to go back to school and to see her family, but not until the war is over and Gaza has been rebuilt.

    “I would like to become an engineer,” says Deema. “I wish that Gaza could return to how it once was. We don’t want to be displaced or pushed out, we just want to go back to our lives before the war.”

    I wish that Gaza could return to how it once was. We don’t want to be displaced or pushed out, we just want to go back to our lives before the war.

    Deema, 11, MSF patient

    Five months after the catastrophic attack on his home, Karam is walking again, he is able to move his left arm, and his left eye is slowly reopening—a nearly miraculous recovery considering he was originally thought dead by medical staff at Al-Aqsa Hospital. 

    Today, Karam is smiling as he lets go of his crutches in the physiotherapy department and grabs hold of the parallel stabilizing bars to take a few steps forward. Before the war he had wanted to become a dentist, like his older brother Tareq, but since he was injured, he is not sure if it will be possible.  

    “I’m taking it one step at a time,” says Karam. “If the war ends, God willing, we will head back to Gaza. It’s my country, it’s where I spent my whole life. My friends are there. But for now, I’m here and I want to get better, one second at a time.” 

    MIL OSI NGO –

  • MIL-OSI Canada: Building on 50 years of friendship with Gangwon

    Source: Government of Canada regional news

    The reaffirmation of Alberta’s and Gangwon’s sister province relationship took place in a ceremonial signing between Premier Smith and Governor Kim Jin Tae of Gangwon State, Republic of Korea as part of the Governor’s official visit to the province from Sept. 21 to 25.

    With this renewal, Alberta and Gangwon will strive to build on decades of co-operation by exploring opportunities to expand collaboration in health innovation and life sciences, technology and innovation, sustainable energy development, export growth, investment attraction and sport.

    “This monumental occasion is not just an opportunity to look back at our shared achievements, but also to forge new, mutually beneficial ties together. Gangwon is a valuable friend and partner to our province, and through the reaffirmation of this historic agreement, we are setting the stage to ensure our deep-rooted ties continue to grow even deeper for years to come. I am excited for our continued collaboration, which will enhance trade and investment that grows our economies, secures opportunities for businesses and industries, and ensures a prosperous future for people in Alberta and Gangwon.”

    Danielle Smith, Premier

    “I vividly recall the news about the Gangwon-Alberta Sisterhood Agreement forged 50 years ago, and it is a great honor for me to serve as the Governor during this historical year. On the foundation of longstanding friendship and amity, Gangwon and Alberta now seek to expand their relationship into a robust economic partnership. In addition to the energy, bio-healthcare and sports that will be the part of this visit, we will continue to work closely with Alberta to facilitate substantive collaboration in other future-oriented industries as well.”

    Kim Jin Tae, governor of Gangwon State, Republic of Korea

    A memorandum of understanding establishing the sister province relationship between Alberta and Gangwon, Republic of Korea was originally inked on Sept. 3, 1974, and was the first ever international sister relationship for both Alberta and Gangwon.

    Collaboration under this agreement has traditionally focused on education, culture and sport exchanges, but has expanded over the years to include research and business-to-business relations.

    Quick facts

    • Alberta and Gangwon’s sister province relationship has been a catalyst for several successes over the past five decades. For example: 
      • From 1974 to 2020, Alberta participated in numerous sports exchanges with Gangwon, including alpine and Nordic skiing, whitewater canoeing, wrestling, golf, boxing, soccer, tennis, team handball, fencing and cycling.
      • Since 1984, the University of Alberta’s Kangwon Teachers of Education Program has helped more than 600 Gangwon Province teachers hone their English language teaching skills.
      • In 2015, Alberta’s government provided support for an international research collaboration between the University of Calgary and Gangwon, with additional funding provided by Opti pharm-M & D, Inc., a Gangwon-based biomedical company. The project focused on improving early diagnosis for breast cancer by examining cancer cells and tissue samples to measure biomarker expression in real-time.
    • The Republic of Korea, known informally as South Korea, is an important economic partner for Alberta.
      • Bilateral trade between Alberta and South Korea totalled about $1.3 billion in 2023.
      • Alberta’s total exports to the region in 2023 totalled $940.6 million, and consisted primarily of energy, nickel, meat, wood pulp, canola oil and cereals.
      • Several major South Korean energy companies have Canadian headquarters in Calgary, including KOGAS, Korea National Oil Corp (KNOC) and SK Eco-Engineering.
    • Alberta has a strong and vibrant Korean community, with about 24,000 Albertans with ethnic or cultural origin to Korea.

    MIL OSI Canada News –

  • MIL-OSI USA: House Committee Approves Rep. Carbajal Bill to Rename Santa Maria Post Office in Honor of Mayor Larry Lavagnino

    Source: United States House of Representatives – Representative Salud Carbajal (CA-24)

    Congressman Salud Carbajal’s (CA-24) legislation to formally rename the U.S. Post Office on E. Battles Road in Santa Maria in honor of Larry Lavagnino — the City’s former Mayor, City Councilmember, and longtime resident — advanced out of the House Committee on Oversight and Government Reform by a unanimous vote and now moves to the House Floor for consideration by the full U.S. House of Representatives.

    “Proud to see my bill to rename the Santa Maria Post Office in Honor of Mayor Larry Lavagnino passed out of committee and now moving to the House Floor,” said Rep. Carbajal. “Having worked closely with Mayor Lavagnino throughout his extensive career in local government, I can confidently say that this recognition is a fitting testament to his decades of dedicated public service to Santa Maria and the Central Coast.”

    “I’m deeply honored and humbled,” said Mayor Larry Lavagnino. “I know there are many more deserving of this recognition but I am also very excited for my entire family. I only wish my mom and dad were around to witness this.”

    “Moving any piece of federal legislation isn’t easy so I’m extremely grateful to Salud and his staff for getting this through committee. I can’t wait to see my dad’s face when we finally unveil the new sign,” said Supervisor Steve Lavagnino.

    Larry Lavagnino served as Mayor of Santa Maria from 2002 to 2012, and as a Member of the Santa Maria City Council from 1996 to 2002.

    During his time as Mayor, Santa Maria saw a significant number of improvements and additions, including a new library, multiple new fire stations, a new transit center, a new police department building, the expansion of the city’s wastewater treatment plant, and the widening of Santa Maria River Bridge and Highway 101.

    On top of the above improvements during his tenure, Mayor Lavagnino was also able to help secure more than $46 million in federal funding for improvements to the Santa Maria River Levee, which protects thousands of homes and businesses in the area. He also helped bring about the Abel Maldonado Youth Center, which continues to provide a safe and welcoming space for teens.

    Lavagnino is a graduate of Santa Maria Union High School and Allan Hancock College, and still lives four houses down from the Santa Maria home that he grew up in.

    The legislation was unveiled in January of 2024 at Santa Maria City Hall with Santa Barbara County Supervisor, and son of the longtime Mayor, Steve Lavagnino, and current Santa Maria Mayor Alice Patino.

    MIL OSI USA News –

  • MIL-Evening Report: Beyond the ivory tower: universities need to prioritise the entrepreneurial mindset, not just new ideas

    Source: The Conversation (Au and NZ) – By Rod McNaughton, Professor of Entrepreneurship, University of Auckland, Waipapa Taumata Rau

    As universities consider their future in the 21st century, many are embracing the concept of “innovation” in their strategic plans.

    According to Harvard Business School, innovation is “a product, service, business model or strategy that’s both novel and useful”.

    By focusing on innovation, universities are attempting to position themselves as drivers of progress – as institutions that generate knowledge and apply it to solve the world’s most pressing problems.

    But here’s the catch: fewer universities embrace “entrepreneurship” similarly, despite it being the critical bridge between innovation and real-world impact.

    Innovation vs entrepreneurship

    It’s easy to see why universities are more comfortable with innovation.

    Labs, research centres and academic programs encourage pushing the envelope in a relatively risk-free setting.

    Original research is one of the requirements of completing a doctorate. This means universities feel like hubs of cutting-edge thinking, even if the innovations never leave the confines of the campus.

    However, entrepreneurship requires something different. Those with an idea also have to understand how to navigate the messy realities of bringing it to fruition.

    Entrepreneurship demands the skills to manage people and resources, assess viability, identify pathways to adoption, and understand the environment while being comfortable with uncertainty and resilient in the face of failure and change.

    Fostering an entrepreneur mindset in academics

    Understanding the distinction between innovation and entrepreneurship is critical. Innovation often begins by assuming no constraints and imagining a world of possibility.

    But entrepreneurship assumes resources are scarce and that success depends on overcoming obstacles and working with what’s available. While innovation can happen in isolation, entrepreneurship needs community, collaboration, feedback and constant adaptation.

    Entrepreneurial skills are valuable for students at all levels and any discipline. But the entrepreneurial process can be especially helpful for researchers and PhD students who have spent years developing an idea but not a way to get it into the real world.

    Bridging the gap

    Globally, there is a growing gap between the number of doctoral graduates and academic jobs.

    Programs such as the ones run by the University of Auckland Business School’s Centre for Innovation and Entrepreneurship (CIE) (which I am involved in), are teaching how to identify opportunities and navigate resource constraints through mentoring, workshops and hands-on projects.

    While some find opportunities to commercialise their research, others pursue policy changes or social ventures.

    One good illustration of this is Kate Riegle van West’s doctoral research. Riegle van West examined the benefits of poi for the health of older adults. Supported by CIE’s programs, she launched SpinPoi, a social venture dedicated to working with poi to improve health and well being.

    Since its founding, CIE has helped start more than 279 ventures and provides entrepreneurial experiences to more than 7,500 students and staff across the university each year.

    Similar programs exist at other universities, but much more needs to be done to scale up the development of entrepreneurial skills within universities.

    Overcoming resistance

    Universities have been slow to prioritise developing an entrepreneurial mindset among students and staff.

    Innovation without entrepreneurship is like building a bridge halfway. You may have a brilliant idea, but it is unlikely to make a meaningful impact without the skills to bring it to reality. Entrepreneurship transforms creative ideas into valuable, tangible outcomes.

    But there are challenges. “Innovation” is more palatable to some academics, especially those who equate entrepreneurship with commercialism. To overcome this, it’s crucial to recognise that entrepreneurial skills are valuable across most endeavours.

    Skills like opportunity recognition, resource allocation, and risk management are critical for starting businesses. But they are also highly valued within existing organisations and for leading teams and driving change in any sector.

    Staff and students may not immediately see the relevance of entrepreneurship to their discipline or career aspirations, thinking entrepreneurship is only for those in business or the sciences.

    Yet there is a growing need for entrepreneurial skills to bridge the gap between academic expertise and application from students in all disciplines.

    At the doctoral level, developing these skills can help ensure research has wider impact, and create opportunities for these researchers once they graduate.

    It’s not that innovation isn’t useful – it’s essential.

    Many industries and organisations rely on innovation to improve efficiency, create new products, and solve complex problems. In some professional contexts, an innovation mindset may be more relevant than an entrepreneurial one.

    But to truly contribute to solving societal problems and prepare their students to make a difference, universities must do more than foster innovation. They must prioritise and develop an entrepreneurial mindset and competencies among students and staff, enabling them to execute, adapt and create lasting impact.

    Rod McNaughton 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. Beyond the ivory tower: universities need to prioritise the entrepreneurial mindset, not just new ideas – https://theconversation.com/beyond-the-ivory-tower-universities-need-to-prioritise-the-entrepreneurial-mindset-not-just-new-ideas-239377

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Celebrating 10 Years at Mars with NASA’s MAVEN Mission

    Source: NASA

    A decade ago, on Sept. 21, 2014, NASA’s MAVEN (Mars Atmospheric and Volatile EvolutioN) spacecraft entered orbit around Mars, beginning its ongoing exploration of the Red Planet’s upper atmosphere. The mission has produced a wealth of data about how Mars’ atmosphere responds to the Sun and solar wind, and how these interactions can explain the loss of the Martian atmosphere to space.

    [embedded content]

    During its first 10 years at Mars, MAVEN has helped to explain how the Red Planet evolved from warm and wet early on into the cold, dry world that we see today. Download this video in high-resolution from NASA’s Scientific Visualization Studio: https://svs.gsfc.nasa.gov/14690/Credit: NASA’s Goddard Space Flight Center/Dan Gallagher

    Today, MAVEN continues to make exciting new discoveries about the Red Planet that increase our understanding of how atmospheric evolution affected Mars’ climate and the previous presence of liquid water on its surface, potentially determining its prior habitability.

    “It is an incredibly exciting time for the MAVEN team as we celebrate 10 years of Martian science and see the tremendous impact this mission has had on the field,” said Shannon Curry, the principal investigator of MAVEN and a researcher at the Laboratory for Atmospheric and Space Physics at the University of Colorado Boulder. “We also look forward to the future discoveries MAVEN will bring.”

    In celebration of this mission milestone, we recap some of the most significant scientific results of this unique and long-lasting Mars aeronomy mission.

    Extreme atmospheric erosionOne of MAVEN’s first big results was discovering that the erosion of Mars’ atmosphere increases significantly during solar storms. The team studied how the solar wind — a stream of charged particles continually streaming from the Sun — and solar storms continually strip away Mars’ atmosphere, and how this process played a key role in altering the Martian climate from a potentially habitable planet to today’s cold, arid planet.
    Sputtering to spaceTo better understand how Mars lost much of its atmosphere, MAVEN measured isotopes of argon gas in the upper Martian atmosphere. Argon is a noble gas, meaning it rarely reacts with other constituents in the Martian atmosphere. The only way it can be removed is by atmospheric sputtering — a process where ions crash into the Martian atmosphere at high enough speeds that they knock gas molecules out of the atmosphere. When the MAVEN team analyzed argon isotopes in the upper atmosphere, they were able to estimate that roughly 65% of the argon originally present had been lost through sputtering over the planet’s history.
    A new type of auroraMAVEN has discovered several types of auroras that flare up when energetic particles plunge into the atmosphere, bombarding gases and making them glow. The MAVEN team showed that protons, rather than electrons, create auroras at Mars. On Earth, proton auroras only occur in very small regions near the poles, whereas at Mars they can happen everywhere.
    Martian dust stormIn 2018, a runaway series of dust storms created a dust cloud so large that it enveloped the planet. The MAVEN team studied how this “global” dust storm affected Mars’ upper atmosphere to understand how these events affect how the escape of water to space. It confirmed that heating from dust storms can loft water molecules far higher into the atmosphere than usual, leading to a sudden surge in water lost to space.
    Map of Martian windsMAVEN researchers created the first map of wind circulation in the upper atmosphere of Mars. The new map is helping scientists better understand the Martian climate, including how terrain on the planet’s surface is disturbing high-altitude wind currents. The results provide insight into how the dynamics of the upper Martian atmosphere have influenced the Red Planet’s climate evolution in the past and present.
    Twisted tailMars has an invisible magnetic “tail” that is twisted by its interaction with the solar wind. Although models predicted that magnetic reconnection causes Mars’ magnetotail to twist, it wasn’t until MAVEN arrived that scientists could confirm that the predictions were correct. The process that creates the twisted tail could also allow some of Mars’ already thin atmosphere to escape to space.
    Mapping electric currentsResearchers used MAVEN data to create a map of electric current systems in the Martian atmosphere. These form when solar wind ions and electrons smash into the planet’s induced magnetic field, causing the particles to flow apart. The resulting electric currents, which drape around the planet, play a fundamental role in the atmospheric loss that transformed Mars from a world that could have supported life to an inhospitable desert.
    Disappearing solar windMAVEN recently observed the unexpected “disappearance” of the solar wind. This was caused by a type of solar event so powerful that it created a void in its wake as it traveled across the solar system. MAVEN’s measurements showed that when it reached Mars, the solar wind density dropped significantly. This disappearance of the solar wind allowed the Martian atmosphere and magnetosphere to balloon out by thousands of kilometers.
    Ultraviolet views of the Red PlanetMAVEN captured stunning views of Mars in two ultraviolet images taken at different points along the Red Planet’s orbit around the Sun. By viewing the planet in ultraviolet wavelengths, scientists gain insight into the Martian atmosphere and view surface features in remarkable ways.
    Mars’ response to solar stormsIn May 2024, a series of solar events triggered a torrent of energetic particles that quickly traveled to Mars. Many of NASA’s Mars missions, including MAVEN, observed this celestial event and captured images of glowing auroras over the planet.

    MAVEN’s principal investigator is based at the Laboratory for Atmospheric and Space Physics (LASP) at the University of Colorado Boulder. LASP is also responsible for managing science operations and public outreach and communications. NASA’s Goddard Space Flight Center in Greenbelt, Maryland, manages the MAVEN mission. Lockheed Martin Space built the spacecraft and is responsible for mission operations. NASA’s Jet Propulsion Laboratory in Southern California provides navigation and Deep Space Network support.

    By Willow ReedLaboratory for Atmospheric and Space Physics (LASP), University of Colorado Boulder

    Media Contact: Nancy N. JonesNASA’s Goddard Space Flight Center, Greenbelt, Md.

    MIL OSI USA News –

  • MIL-OSI USA: NASA Science Activation Program Wins Prestigious Award

    Source: NASA

    The NASA Science Activation (SciAct) Program has been selected to receive the American Geophysical Union (AGU) 2024 Excellence in Earth and Space Science Education Award. This prestigious, annual award, established in 1995, honors a mid-career or senior scientist team, individual, or group that has demonstrated a sustained commitment to broad, positive impact on Earth and space science education at any education level from kindergarten through postgraduate studies.

    SciAct engages learners of all ages in all 50 states and 4 US territories with Earth and space science. Through an extensive network of nearly 600 partners, SciAct develops, co-creates, validates, and disseminates effective learning resources and activities to support the needs of learners in their pursuit of knowledge, including specific underrepresented groups such as: Black, blind and low vision, community college, differently abled, Hispanic, immigrant, Indigenous, multilingual, neurodiverse, rural, and other underserved communities. Furthermore, SciAct project teams share lessons-learned and best practices across the SciAct community to facilitate ongoing learning and growth for the entire SciAct community, ensuring the implementation of ever-more effective approaches for reaching all learners. 

    Since SciAct began in January 2016, its network has grown in strength and capacity. When reach data were collected for the first time in 2019, SciAct reported 15 million learner interactions. Four years later, in 2023, SciAct reported nearly 76 million learner interactions, a 506% increase. With many SciAct resources freely available online, 10 million of those interactions occurred across 170 other countries. In April 2024 alone, as part of a larger NASA-led eclipse mobilization, SciAct reported more than 62 million learner interactions, intentionally bringing the excitement of that celestial event to people in all 50 states, as well as Puerto Rico, Mexico, and Canada, to include learners far beyond the path of totality.

    The SciAct model is built on a foundation of NASA science. NASA Earth and space science research content areas, missions, scientists and other technical experts, and data are the building blocks of all SciAct learning resources and activities. Nearly 1,000 subject matter experts support the SciAct program to ensure science content is accurate, up-to-date, and – working with education/learning experts – accessible to diverse learner communities. Through these interactions, SciAct also influences scientists, showing them effective ways to contribute towards learning goals and reach new audiences. An increasing number of activities are specifically focused on giving scientists – especially early career scientists – the skills and knowledge to connect with learners outside the research community. 

    SciAct began as an experiment for conducting NASA Science education and outreach in a new, more coordinated way. Eight years later, that experiment has given rise to a powerful and effective approach for sharing the wonder of NASA science, content, and experts with the world. It is an honor for the NASA Science Activation program to be recognized by AGU, the world’s largest Earth and space science association, for its role in advancing science, transforming our understanding of the world, impacting our everyday lives, improving our communities, and contributing to solutions for a sustainable future.

    MIL OSI USA News –

  • MIL-OSI USA: Governor issues executive order expanding and investing in climate-ready and infrastructure workforce for New Mexico

    Source: US State of New Mexico

    SANTA FE – Today, Gov. Michelle Lujan Grisham announced an Executive Order to expedite New Mexico’s transition to a clean energy economy and address the critical need for infrastructure development across the state.

    The Executive Order reflects pressing needs of New Mexico communities such as Ruidoso and the Mescalero Apache Nation, which suffered extensive fire and flooding damage which the governor discussed with residents during town halls last week.

    Gov. Lujan Grisham’s Executive Order will enable the state to leverage billions of federal and state dollars to ensure that New Mexico’s workforce is prepared for the work of modernizing transportation, telecommunications, water, and energy systems. The Executive Order also dovetails with Lujan Grisham’s role as co-chair of the U.S. Climate Alliance and her leadership of the organization’s upcoming Climate-Ready Workforce Initiative.

    “Communities that have been devastated by natural disasters are wisely demanding that we sustainably manage the forests, build bridges that withstand flooding, and harden our telecommunications infrastructure against the threat of fire,” said Gov. Lujan Grisham. “In short, they are demanding climate-ready infrastructure.”

    Lujan Grisham said record investments in public infrastructure and the clean energy transition have spiked demand for labor, necessitating a coordinated approach to training workers from all backgrounds to fill these high-quality jobs.

    “New Mexico is ready to get to work on implementation of the U.S. Climate Alliance Climate-Ready Workforce Initiative, and this Executive Order provides the blueprint for doing so,” the governor said.

    So far, New Mexico is investing nearly $2.5 billion through the American Rescue Plan, $5.3 billion from the Bipartisan Infrastructure Law, and over $217 million from the Inflation Reduction Act. These historic investments, combined with $2.5 billion allocated by the state in the 2024 legislative session, will help the state strengthen infrastructure and climate resilience.

    Federal initiatives, including the Bipartisan Infrastructure Law, Inflation Reduction Act, and CHIPS and Science Act, are expected to create nearly 3 million jobs nationwide, with approximately 70% of these jobs accessible to workers without a college degree. In addition, the state’s new Office of Housing is tackling the statewide housing shortage of 40,000 units, while working across sectors to ensure we meet the range of public infrastructure needs associated with new housing. 

    The increasing risks of heat, fire, floods, and other severe weather also demand investments in infrastructure that is designed, built and maintained to withstand climate impacts and meet the needs of communities for decades to come. For example, the Ruidoso wastewater treatment plant is investing in solar power to provide more resilient services when disaster occurs.

    As New Mexico embarks on large-scale infrastructure projects such as roads, bridges, dams, water systems, broadband, and affordable housing, the collaborative work outlined in the Executive Order will help mitigate rising construction costs and address workforce shortages in many high-demand sectors.

    “Achieving the ambitious goals that Gov. Lujan Grisham has set out in this Executive Order will require participating agencies to establish innovative new partnerships with industry, trade unions, apprenticeship programs, educational institutions and other partners,” said Department of Workforce Solutions Cabinet Secretary Sarita Nair. “Recent natural disasters in New Mexico demonstrate the need to build an energy sector that can help prevent and mitigate the impacts of climate change. Together, we can overcome gaps in New Mexico’s workforce and fulfill the promise of federal and state climate-ready infrastructure investments.

    The Executive Order sets the framework for a strategic and unified approach to enhance infrastructure and clean energy workforce training, including: 

    • Collaborative Effort Across 11 State Agencies and Offices: Key state agencies—including the Departments of Workforce Solutions, Transportation, Environment, Energy, Minerals and Natural Resources, Public Education, and Higher Education—will coordinate efforts to plan, develop, and track infrastructure and climate-ready workforce training.  
    • Equity and Inclusion:  Workforce policies and programs will prioritize equity and expand opportunities for workers from rural, underrepresented, and underserved communities.  
    • Infrastructure and Climate-Ready Workforce Goals: New Mexico will train 2,000 workers in climate-ready professions by 2026. 
    • Support for Workers and Communities: Innovative strategies, including wraparound services such as childcare and transportation, will help ensure that workers can successfully enter and advance in clean energy careers. The order also calls for strong collaboration with Tribes, pueblos, nations, and other local communities. 

    In coordination with federal, state, and private entities, the state has already embarked on the following climate-ready and infrastructure workforce development initiatives: 

    • Industry Credential Pipeline Program: Led by the New Mexico Department of Transportation in coordination with the Department of Workforce Solutions, this program addresses worker shortages in the transportation sector through targeted credentialing. 
    • Workforce Training & Apprenticeship Fund: A $30 million state investment to support registered apprenticeship programs in key sectors, ensuring pathways to high-paying jobs. 
    • Higher Education Programs: The New Mexico Higher Education Department has secured $20 million per year for the next three years to fund students pursuing non-credit certifications and industry-recognized credentials, with additional funding for expanding Integrated Education & Training programs. 
    • Residential and Commercial Electrification and Energy Efficiency: The Energy, Minerals and Natural Resources Department is managing over $2 million across three grant programs to train workers on the newest building codes, train and certify contractors for residential energy projects, and train workers to conduct energy audits of commercial and residential buildings. 
    • Technical Assistance: The Department of Workforce Solutions recently received a $1.5 million technical assistance grant from the Families and Workers Fund to develop plans and convene key partners to expand the state’s qualified infrastructure and clean energy workforce capacity.  

    The Executive Order connects to several Lujan Grisham administration initiatives that direct climate readiness into all aspects of infrastructure development. For example, the 2024-2027 Statewide Workforce Innovation and Opportunity Act Plan identified infrastructure, climate resilience, and clean energy as priority sectors for the state.

    The order also directs state agencies to appoint a liaison to work with the Department of Workforce Solutions to track progress and ensure alignment with the state’s broader workforce, infrastructure, and climate goals. Additionally, the order encourages collaboration across sectors to foster climate-ready skills and credentials that support economic mobility.

    The Department of Workforce Solutions will publish an annual Infrastructure and Climate-Ready Workforce Report starting in 2025, providing comprehensive data on workforce outcomes, investments, and areas for improvement.

    The Governor’s Executive Order is available here. 

    MIL OSI USA News –

  • MIL-OSI Europe: Leading African fund managers receive awards for supporting promising entrepreneurs and start-ups across the continent

    Source: European Investment Bank

    • First Circle Capital, SpeedInvest and Knife Capital achievements awarded for their work in African venture capital.
    • The Africa Venture Finance Programme at Oxford’s Saïd Business School hosted 41 prominent African and Africa-focused venture capital fund managers, with more than half of them being women.
    • The programme is funded by the EU, through Boost Africa, and by the AfricaGrow Technical Assistance Facility financed by the Federal Ministry for Economic Cooperation and Development through KfW

    African venture capital (VC) fund managers First Circle Capital, SpeedInvest and Knife Capital have all received awards recognising their success in supporting promising entrepreneurs and start-ups across African countries. The awards were presented during the Africa Venture Finance Programme, a week-long, in-person course, organised for the third time at Oxford university’s Saïd Business School from 9 to 13 September 2024. The programme aims to support VC fund managers investing in early and growth-stage technology companies in Africa, with Boost Africa and AfricaGrow hosting 41 leading fund managers from 31 African VC funds.

    The ‘Most Promising Fund Manager’ award was given to the all-female team from First Circle Capital, who invest in and support early-stage fintech founders.

    The ‘Best Deal’ award went to SpeedInvest for their investment in Moove, a rapidly growing company providing vehicle financing and supply solutions.

    Lastly, the ‘Lifetime Achievement Award’ was presented to Keet van Zyl, founding partner of South Africa-based Knife Capital, in recognition of his contributions to the venture ecosystem and leadership.

    “We are proud of Boost Africa’s role in supporting a vibrant and resilient VC ecosystem in Africa and helping African entrepreneurs transform their ideas into successful businesses,” said EIB Vice-President Ambroise Fayolle. “The EIB is committed to financing new technology and ideas that will address the global challenges we all face.”

    The shortlisted candidates were peer-selected by fellow fund managers, and a panel of judges composed of limited partners determined the winners from the shortlisted candidates. Investors from funds including Partech, AfricInvest, TLcom, Norssken, Speedinvest came together to discuss innovative solutions for Africa’s unique challenges. The five-day event allowed participants to share expertise and facilitate discussions to drive rapid growth in Africa’s technology venture capital sector. Attendees from all over the continent took part, with more than half of them being women, reflecting increased gender inclusiveness within venture capital leadership.

    Several Oxford academics joined the group discussions covering a wide range of topics such as the growing need for innovative funding instruments and the influence of artificial intelligence (AI) on the continent’s future. Additionally, several prominent African investors attended the forum to share best practices and discuss the way forward. Participants engaged with representatives from different development finance institutions and international organisations. This included Andrea Clerici, Director for Corporate Finance & Global Activities at the European Investment Bank, and delegates from the European Commission and the Organisation of African, Caribbean and Pacific States.

    “The opportunity to exchange confidential insights, discuss inherent challenges, and ultimately build deeper human bonds is essential for strengthening our collective ability to build our VC ecosystem together. No other conference or event has provided anywhere near as much value as this one.” – Nivesh Pather, Principal at Norrsken22.

    “It is important for me to always be learning. The trends in our part of the world are equal parts cyclical and rapidly evolving. We heard so many fresh perspectives and voices coupled with experience. I left Oxford with a renewed commitment to focus on the how.” –  Ory Okolloh, Partner at Verod-Kepple Africa Ventures.

    “This year’s Africa Venture Finance Programme proved once again the enormous potential of venture capital in Africa. A whole new generation of investors are taking the long view on building an entire new ecosystem. At Oxford Saïd Business School we are proud to be part of supporting this journey which will transform African economies, one startup at a time!” – Thomas Hellmann, Professor of Entrepreneurship and Innovation, Saïd School of Business, Oxford University

    The Africa Venture Finance Programme is supported by the EU via the Boost Africa programme and by the AfricaGrow Technical Assistance Facility.

    Background information

    About Boost Africa

    Boost Africa is a joint initiative between the European Investment Bank and the African Development Bank (AfDB) to enable and enhance entrepreneurship and innovation across Africa in a commercially viable way. It addresses a current gap in the African market by providing early-stage venture capital paired with skills development.

    Boost Africa focuses on financial intermediaries investing in innovative business models and start-ups developing digital solutions across various sectors including, inter alia, information and communication technologies (ICT), healthcare, climate mitigation and adaptation, education, financial services, and manufacturing sectors. There is a particular emphasis on financial intermediaries focusing on youth and women and on sectors where innovation can improve the quality of people’s lives, in particular for lower-income households.

    Boost Africa Technical Assistance Facility, part of the broader Boost Africa programme, provides bespoke support to strengthen the core professional and operational skills of partner fund managers and their investees to realise growth potential among innovative tech start-ups and high growth SMEs in Africa. The Facility is funded by the European Commission and the Organisation of African, Caribbean and Pacific States, through the 11th European Development Fund. The funding is managed by the European Investment Bank (EIB) and implemented by Adam Smith Europe, part of the Adam Smith International Group.

    About AfricaGrow

    The AfricaGrow Fund of Funds is a blended finance vehicle managed by Allianz Global Investors and serves as a catalyst for private capital into Africa by providing a de-risked capital structure for institutional investors, fostering indirect investments into African Small and Medium Enterprises (SMEs) and start-ups via local Private Equity and Venture Capital fund investments. Its LPs are DEG, KfW – on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ) and Allianz insurance companies.

    As a legally independent entity, AfricaGrow is a central instrument of the Compact with Africa (CwA) initiative, which was launched in 2017 under the 50 German G20 presidency. The Technical Assistance Facility is funded by the German Ministry for Economic Cooperation and Development (BMZ) through KfW, while the fund is managed by Allianz Global Investors and advised by DEG Impact GmbH.

    About the EIB

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.

    MIL OSI Europe News –

  • MIL-OSI USA: Governor Polis Congratulates Four Colorado Schools on Receiving National Blue Ribbon Award for Achievement

    Source: US State of Colorado

    DENVER – Today, four Colorado schools were awarded the National Blue Ribbon School Award for stellar academic performance and closing achievement gaps. Recognized as members of the 2024 cohort, these Colorado schools are national examples and emphasize Colorado’s focus on ensuring all students get a high-quality education. 

    “This is a high honor — Colorado is a leader in providing a high-quality education that helps students succeed and learn the skills needed to thrive. I am thrilled that four Colorado schools have been recognized with this prestigious award for performance and I look forward to celebrating this achievement, sharing the magic of what works, and helping even more Colorado schools excel,” said Governor Polis. 

    The following Colorado schools were awarded the 2024 National Blue Ribbon Award: 

    • DSST Cedar High School (Denver) 
    • Zach Elementary School (Fort Collins) 
    • Mesa View Elementary School (Grand Junction) 
    • Skyview Middle School (Pueblo) 

    Providing Colorado students with a high-quality education remains a priority for Governor Polis. As Chair of the National Governors Association, Governor Polis’s Chairman Initiative “Let’s Get Ready” focuses on ensuring that students learn the skills to succeed. 

    Earlier this year Governor Polis signed a bipartisan budget that fully funded schools for the first time since 2009. This historic budget invested $141.2 million to eliminate the Budget Stabilization Factor, increased per-classroom funding by $16,000, and increased investment in Colorado’s popular Universal Preschool Initiative by $22.1 million. 

    ###

    MIL OSI USA News –

  • MIL-OSI Translation: Minister of Justice and Attorney General of Canada announces appointments to the Quebec judiciary

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French

    September 23, 2024– Ottawa (Ontario) – Department of Justice Canada

    The Honourable Arif Virani, Minister of Justice and Attorney General of Canada, today announced the following appointments under the judicial application process established in 2016. This process emphasizes transparency, merit and the diversity of the Canadian population, and will continue to ensure the appointment of jurists who meet the highest standards of excellence and integrity.

    Mathieu Piché-Messier, partner and national leader in commercial litigation at Borden Ladner Gervais LLP in Montreal, is appointed a judge of the Superior Court of Quebec for the district of Montreal. Justice Piché-Messier replaces Justice PH Bélanger (Montreal), who resigned effective May 24, 2024.

    Lysane Cree, an administrative judge at the Tribunal administratif de déontologie policière in Montreal, is appointed a judge of the Superior Court of Quebec for the district of Montreal. Justice Cree replaces Justice M. Lachance (Montreal), who was appointed to the Court of Appeal effective June 17, 2024.

    Horia Bundaru, a partner at Norton Rose Fulbright Canada LLP in Montreal, is appointed a judge of the Superior Court of Quebec for the district of Montreal. Justice Bundaru replaces Justice K. Kear-Jodoin (Montreal), who elected to become a supernumerary judge effective July 16, 2024.

    Quote

    “I wish Judges Piché-Messier, Cree and Bundaru every success in their new roles. I am confident that they will serve the people of Quebec well as members of the Superior Court of Quebec.”

    – The Honourable Arif Virani, Minister of Justice and Attorney General of Canada

    Biographies

    Judge Mathieu Piché-Messier was born and raised in Montreal. He received his Bachelor of Civil Law from the Faculty of Law of the University of Sherbrooke in 1997. He was admitted to the Quebec Bar in 1998.

    Since 2000, Justice Piché-Messier has practiced commercial litigation at Borden Ladner Gervais where, after being named partner in 2006, he held the position of Head of the Commercial Litigation Group in Montreal for seven years and was then appointed National Business Leader – Commercial Litigation. His practice focused on the areas of extraordinary remedies and commercial litigation in the areas of anti-fraud, high technology, industrial espionage, privacy and identity theft, international arbitration, aeronautics, defamation and intellectual property. A litigator, author and speaker, he was inducted as a Fellow of the American College of Trial Lawyers in 2018, a Fellow of Litigation Counsels of America in 2021, and was named Advocatus Emeritus (Ad. E.) of the Barreau du Québec in 2022. He has also been recognized by his peers to appear in the editions of Chambers, The Best Lawyers and Benchmark Litigation as one of the 50 best litigators in Canada.

    Justice Piché-Messier has been a member of the boards of the Barreau du Québec, the Barreau de Montréal and the Canadian Bar, Québec Division. He has also been president of the Centre d’accès à l’Information juridique du Québec (CAIJ) and the Young Bar Association of Montreal. Involved in the Montreal community, he has sat on the boards of Cirque Éloize, Ballets Jazz de Montréal, Enfants-retour and Make-a-Wish.

    Judge Piché-Messier and his partner, Me Natacha Lavoie, are the happy parents of Vincent and Victoria.

    Justice Lysane Cree is originally from the Kanien’kéhaka (Mohawk) Nation and received a Bachelor of Arts in Political Science with a minor in Northern Studies from McGill University in 1996, before earning a Bachelor of Civil Law and a Bachelor of Common Law from McGill University in 2000. She was called to the Quebec Bar in 2003, the New York State Bar in 2012 and the Ontario Bar in 2020.

    Justice Cree began her practice with Hutchins Legal Inc. and focused on Indigenous law issues and working with First Nations governments in several provinces and occasionally in New York State for sixteen years. While still in private practice, she began working part-time in the area of police ethics with the Police Ethics Committee (now the Tribunal), hearing cases involving Indigenous police services in the province of Quebec. She then worked as a decision-maker with the Discipline Committee of the Chambre de la sécurité financière from 2019 to 2021 before becoming a full-time administrative judge with the Tribunal administratif de déontologie policière. During this time, she was involved with the Council of Canadian Administrative Tribunals, serving as a member of the Tribunal’s Excellence Committee and the Truth and Reconciliation Committee.

    Judge Cree is an avid equestrian and enjoys spending time with her horses.

    Justice Horia Bundaru immigrated to Canada at the age of eleven with his parents and younger sister. He received a BCL/LL.B. from McGill University’s Faculty of Law in 2005 and was called to the Quebec Bar in 2006.

    Justice Bundaru spent his entire career at Norton Rose Fulbright Canada LLP, where he became a partner in 2016 and where, at the time of his appointment, he was a director of the Litigation Group in Montreal. A well-known litigator, his practice focused on commercial litigation, construction law and energy law. Since 2016, he has taught civil procedure and drafting at the École du Barreau.

    Justice Bundaru has chaired the Quebec Branch of the Canadian Bar Association, the Liaison Committee of the Montreal Bar with the Superior Court (Civil Division) and the Salon VISEZ DROIT. At the time of his appointment, he was chair of the Liaison Committee with the Court of Appeal and a member of the Conseil de la magistrature du Québec. He is listed in the Canadian Legal Lexpert Directory, Benchmark Litigation Canada as a “litigation star”, Thomson Reuters Stand-out Lawyers, The Legal 500 Canada and Best Lawyers in Canada. In 2022, he was inducted as a Fellow of the Canadian College of Construction Lawyers.

    Judge Bundaru is passionate about literature and is an avid cross-country skier and tennis player. With his partner Maya, also a lawyer, he has two daughters, Ariane and Éloïse.

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Translation: Minister of Justice and Attorney General of Canada announces appointment to the Federal Court

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French

    September 23, 2024 – Ottawa (Ontario) – Department of Justice Canada

    The Honourable Arif Virani, Minister of Justice and Attorney General of Canada, today announced the following appointment under the judicial application process established in 2016. This process emphasizes transparency, merit and the diversity of the Canadian population, and will continue to ensure the appointment of jurists who meet the highest standards of excellence and integrity.

    Benoit Duchesne, an associate judge of the Federal Court in Ottawa, is appointed a judge of the Federal Court. Justice Duchesne replaces Justice P. Pamel, who was appointed a judge of the Federal Court of Appeal effective September 20, 2024.

    Quote

    “I wish Justice Duchesne every success in his new role. I am confident that he will serve the people of Canada well as a member of the Federal Court.”

    – The Honourable Arif Virani, Minister of Justice and Attorney General of Canada

    Biography

    Justice Benoit Duchesne was born in Montreal and raised in Ottawa. He received a Bachelor of Social Sciences (with minors in Economics and Music) in 1993, a Licence in Civil Law and a Bachelor of Laws in 2000, all from the University of Ottawa. He was called to the Quebec Bar in 1998 and to the Ontario Bar in 2001.

    Justice Duchesne is fully bilingual. He was appointed a Deputy Justice of the Federal Court in 2022. He has presided over case management conferences, motions, mediations, pre-trial conferences and trial management conferences, as well as trials in proceedings within the jurisdiction of the Court. Prior to his appointment as a Deputy Justice, he was a partner at the law firm of Gowling WLG (Canada) LLP in Ottawa. Justice Duchesne has had an extensive bilingual and bijural practice in the areas of civil, corporate and commercial, administrative and municipal litigation. He has also appeared before all levels of court in Ontario, Quebec, and the federal courts, including the Supreme Court of Canada. His expertise in corporate and commercial litigation has been recognized by the publications Best Lawyers in Canada and Lexpert. He was a part-time professor of civil procedure at the University of Ottawa from 2012 to 2022.

    Judge Duchesne is grateful for the love and support of his wife Jennifer and his daughter, Alexandra.

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Russia: Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    MIL OSI Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    September 23, 2024

    Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    September 23, 2024

    Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    September 23, 2024

    Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    September 23, 2024

    Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    September 23, 2024

    Previous news Next news

    Valery Falkov and Gennady Krasnikov discussed the future of microelectronics with young scientists at Sirius

    A dialogue about the future of microelectronics in Russia took place between the head of the Ministry of Education and Science Valery Falkov, the president of the Russian Academy of Sciences Gennady Krasnikov and participants of the 6th School of Young Scientists, which this year is working within the framework of the forum “Microelectronics-2024”.

    The School of Young Scientists is a unique project, the participants of which are aspiring and established microelectronics specialists from more than 80 universities and scientific organizations.

    One of the main topics of the conversation was the training of highly qualified personnel for the industry. The head of the Ministry of Education and Science noted that cooperation between universities and industrial partners plays an important role in solving this problem. This allows students to be involved in solving practical problems for the industry already at the training stage, offering them to work on equipment that is currently used in the real sector.

    This task can be solved by such measures as, for example, the creation of basic departments of universities at enterprises, the Advanced Engineering Schools project, the Priority 2030 program, the program for the creation of youth laboratories, of which 940 have already been created, 60 of which are in electronics.

    It is also necessary to increase the interest of young specialists in the microelectronics industry – so far, not all graduates of the relevant educational programs go to work in their profession. In addition to the systematic work of interested government bodies, it is important that each potential employer creates attractive working conditions for a young specialist.

    “Our task is to bring the industry as close as possible to universities, and for this purpose, a whole range of state support programs for universities and research organizations is in place. In turn, it is important for the employer to think about the quality characteristics of the workplace – the salary of a young specialist, his career growth, social package, mentoring in a new workplace – all this together makes the industry itself attractive,” the minister emphasized.

    At the meeting with young specialists, special attention was paid to popularizing the profession. President of the Russian Academy of Sciences Gennady Krasnikov emphasized that today there are enough events aimed at building communication between young scientists, including the Congress of Young Scientists, which will be held in November on the federal territory of Sirius. At the same time, scientific councils and other conferences with the participation of young specialists are held at the RAS site.

    As an example of a good support measure for young scientists, the meeting cited the Kamil Valiev scholarship, established last year. It is available to students and postgraduates who have achieved significant success in the electronics industry. The amount of the payment for students is 55 thousand rubles, and for postgraduates – 75 thousand rubles.

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

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

    http://government.ru/nevs/52781/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

  • MIL-OSI Video: Summit of the Future with the United Nations Foundation

    Source: United Nations (Video News)

    This youth-centric broadcast from the United Nations Foundation features an eclectic cast of creators, influencers, and UN experts unpacking the Summit of the Future.

    Created by the UN Foundation, in collaboration with the UN and a diverse network of partners, this unmissable global broadcast unpacks the Summit of the Future so that it is both educational and entertaining for a young audience. Hosted by Lea’h Sampson and Hallie Haas, the broadcast also features internet personalities Heidi Becker, Felipe Neto, Dan Rosen, Pooja Tripathi, and Liah Yoo alongside world leaders, other creators, and UN experts.

    —

    United Nations Foundation. “Our Future Agenda, An Intergenerational Dialogue with the Deputy Secretary General.” June 2021.

    United Nations Development Programme and University of Oxford. “The Peoples’ Climate Vote 2024.” June 2024.

    Campaign website
    https://bit.ly/47AHWUG

    About the Once Upon a Future Campaign https://unfoundation.org/media/global-campaign-to-engage-youth-in-the-uns-summit-of-the-future-asks-what-if-we-get-it-right/

    2 Million Actions for Our Common Future
    https://www.un.org/actnow

    https://www.youtube.com/watch?v=_n_A6SCYL5g

    MIL OSI Video –

  • MIL-OSI Video: Lebanon, Occupied Palestinian territory, Gaza & other topics – Daily Press Briefing (23 Sep 2024)

    Source: United Nations (Video News)

    Noon briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

    Highlights:
    -Lebanon
    -Lebanon/humanitarian
    -Occupied Palestinian territory
    -Gaza
    -Syria
    -Sudan
    -Ukraine
    -Summit of the Future
    -Afghanistan
    -Briefings
    -SDG Media Zone
    -Week by the numbers
    -Day of Sign Languages

    LEBANON
    The Secretary-General is indeed alarmed by the escalating situation along the Blue Line. He’s very concerned about the large number of civilian casualties being reported by the Lebanese authorities, as well as the thousands of displaced persons, amidst the most intense exchange of fire across the Blue Line since October of last year.
    He expresses grave concern for the safety of civilians both in southern Lebanon and in Northern Israel, as well as the UN staff in those areas.
    The Secretary-General notes the ongoing efforts by the UN Special Coordinator for Lebanon and the UN Peacekeeping Force in Lebanon to reduce tensions and reiterates the urgent need for de-escalation and that all efforts be devoted to a diplomatic solution. Our Special Coordinator for Lebanon, Jeannine Hennis-Plasschaert, is currently in Israel where she is meeting with Israeli officials as we speak to discuss the latest situation.
    Meanwhile the Head of Mission and Force Commander, Lt. Gen. Aroldo Lázaro, has been in contact with both Lebanese and Israeli parties, emphasizing the urgent need for de-escalation. Efforts are ongoing to reduce tensions and halt the shelling.
    Their message from both the Special Coordinator and the Head of the UN Peacekeeping Force is the same, which is there is no military solution that will make either side safer. With the wellbeing of civilians on both sides of the Blue Line and the stability of the region at stake, space must be given for diplomatic efforts to succeed.
    All involved parties in this conflict must honour their responsibilities to protect civilians and ensure the safety and security of all UN personnel and assets.
    The Secretary-General urges all parties to recommit to the full implementation of Security Council resolution 1701 and immediately return to a cessation of hostilities and to restore stability. We do expect a more official statement to be issued at some point.

    LEBANON/HUMANITARIAN
    On the humanitarian front, our Humanitarian Coordinator for Lebanon Imran Riza, met with Lebanese Government officials, including the Prime Minister, Najib Miqati, and the Minister of Environment, Nasser Yassin. Our humanitarian agencies and others also participated in those discussion.
    At these talks, the Lebanese Government announced the activation of an emergency operations centre and also that schools ought to be designated as shelters. The Ministry of Education in Lebanon had announced the closure of all public and private schools for tomorrow. Many people are being displaced from areas impacted by the airstrikes, with heavy traffic reported toward Beirut and Mount Lebanon regions.
    Also, on the Israeli side, during the weekend and following an uptick of hostilities, Israel’s Military Home Command announced that schools in northern Israel, which run from Sunday to Friday, have been closed until at least today until 6 p.m. local time.
    Humanitarian organizations urgently need $50 million to preposition basic needs – such as food and shelter supplies – for an immediate response for the next two to four weeks in southern Lebanon, Lebanon in general.
    Our colleagues at OCHA tell us that, according to the Lebanese Ministry of Public Health, more than 274 people have been killed and at least 700 injured, including women and children, following the continued airstrikes in southern Lebanon.

    Full Highlights: https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=23%20September%202024

    https://www.youtube.com/watch?v=SSEfoCRWQhE

    MIL OSI Video –

  • MIL-OSI USA News: Remarks as Prepared for Delivery by First Lady Jill  Biden at an Event to Launch Partnership for a Lead-Free  Future

    Source: The White House

    New York City, New York

    Thank you.

    It’s great to be with so many world leaders, your Excellencies from Malawi, the Dominican Republic, and Nepal.

    Director General of the World Health Organization and President Banga of the World Bank, I’m glad to see you both again. And I appreciate your support of this new coalition.

    I’m also grateful to Open Philanthropy, which has been at the forefront of the fight against lead poisoning in children for many years.

    To Cathy Russell and Administrator Power: thank you for inviting me to join you today.

    Cathy and I have known each other for decades. Beyond the causes we both care so deeply about—from expanding opportunities for women to protecting and lifting up children—I’m grateful for our friendship. You and the team at UNICEF take on some of the world’s toughest challenges and you make a difference in every life you touch. Thank you.

    And Samantha Power, Joe’s intrepid Administrator of USAID, I am inspired by all that you do. The only thing greater than your determination to tackle humanitarian challenges around the world is your optimism for creating a healthier, safer, brighter future for people everywhere.

    Several years ago, I traveled to Jordan.

    There, I met Ms. Maha, a principal of an all-girls’ school.

    More and more families were arriving to her community from Syria after fleeing violence. And Ms. Maha’s school was already at capacity.

    One day, a mother showed up, desperate to enroll her daughter.

    The mother had tried and been turned away at so many other schools.

    So, with tears in her eyes, she pleaded with Ms. Maha to find a place for her daughter.

    Ms. Maha loves her students. And she said, “I think love is giving as much as you can.”

    So she made a promise.

    Send your daughter to class with a chair, and she can enroll.

    In the days that followed, more and more young girls showed up—carrying any chair they could find—so they could go to school and learn.

    As educators, we don’t sit with problems.

    We solve them.

    I saw this in the classrooms I visited in rural Malawi.

    The teachers found inventive ways for their students to learn through songs, rhythm, and repetition.

    Even from my own experience, like four years ago, when the pandemic hit and schools in the United States went silent.

    Overnight, educators had to learn how to use Zoom and reimagine lesson plans so we could reach our students.

    Our world is full of complexities and conflicts.

    But for the problems we can solve we can’t hesitate.

    In Principal Maha’s words: We must give as much as we can.

    Every year, the United Nations General Assembly meets to recognize our shared challenges and to find ways to overcome them.

    Right now, around the world, parents give their children toys so they can learn and play.

    They prepare meals with everyday cookware to keep their family fed.

    All the while, dangerous amounts of lead seep into their lives.

    And the consequences are irreversible.

    These children will never reach the full potential they were born with because lead poisoning is so pervasive.

    But it’s a problem we can solve.

    I’m proud that this new partnership is committing more than $150 million, which will jumpstart efforts to end childhood lead exposure in developing countries.

    This funding is 10 times more than what’s been spent annually on this problem to date.

    And it has a coalition behind it: Partners—from governments to industry to advocates—who will phase out lead from everyday products, enforce safe standards, and create a lead-free future for every child.

    Through the Partnership for a Lead-Free Future, UNICEF and USAID believe we can end childhood lead poisoning by 2040.

    Education is my life’s work.

    And I often think of what leaders might learn from teachers, who know that the future isn’t some far off place.

    It’s right before them, in their students who are striving to learn and grow. 

    Teachers who don’t stop at problems, they push through.

    Teachers who love what they do. And love is giving as much as you can.

    Children will reach for the promise that resides within them—if we do our part, everything we can, to break down the barriers in their way.

    It’s going to take all of us, pulling up chairs and joining this coalition to end lead poisoning.

    That future is within our grasp.

    Let’s reach for it, together.

    ###

    MIL OSI USA News –

  • MIL-OSI USA News: U.S.-UAE Joint Leaders’ Statement Dynamic Strategic  Partners

    Source: The White House

    His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and President Joseph R. Biden Jr. met today at the White House during an official visit of His Highness President Sheikh Mohamed bin Zayed to the United States.  The visit is the first-ever by a President of the United Arab Emirates to Washington and marks the leaders’ fourth bilateral meeting in the Biden-Harris Administration.  The leaders affirmed the enduring U.S.-UAE strategic and defense partnership, bolstered areas of deepening cooperation in advanced technology and investments, and discussed global and regional matters.  The leaders pledged to pursue new opportunities to strengthen their economic and defense partnership; promote peace and stability across the Middle East and wider region; and deliver global leadership on issues of shared importance.  The five decades of U.S.-UAE ties and friendship are rooted in a strong foundation of close collaboration that has underpinned our countries’ prosperity and security. 

    The leaders welcomed the significant progress between the United Arab Emirates and the United States during their tenure through cooperation in building trusted technology ecosystems, the Partnership for Global Infrastructure and Investment (PGI), the U.S.-UAE Partnership for Accelerating Clean Energy (PACE) initiative, and the Economic Policy Dialogue (EPD), all of which serve to uplift economic and trade ties between the two countries. 

    On particular issues of discussion:

    Dynamic Strategic Partnership: Trade and Advanced Technology

    Our countries’ strong foundation of partnership is reflected in our close alignment on key economic objectives and in the excellence of our private sectors that generate more than $40 billion of bilateral trade annually and an access of $26 billion of U.S. exports to the UAE.  The Leaders charted an ambitious course for the United Arab Emirates and the United States to lead global efforts to develop and expand new fields central to the global economy, particularly in advanced technologies and the clean energy required to power Artificial Intelligence.

    They welcomed the partnership between Microsoft and UAE’s Group 42 (G42) through Microsoft’s $1.5 billion investment in April 2024.  This investment is accelerating joint AI development to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.

    The leaders further welcomed Microsoft and G42’s ongoing digital transformation in Kenya, which will leverage 1GW of geothermal energy to power data-centers to enable the deployment of cloud infrastructure and AI services for the public sector and regulated industries as well as enterprises.  Further, the partnership will support the development of local Large Language Models and the establishment of an East African Innovation Lab.  Additionally, the partnership hopes to encourage international and local connectivity investments, and collaboration with the government of Kenya to enable digital transformation programs across East Africa.

    These initiatives mark the beginning of our partnership and investments in the responsible deployment of advanced technologies, clean energy, and frontier technologies that will be the engine that powers our interconnected world.

    To meet the promise of this transformational moment and harness the potential of leading-edge technologies to improve human welfare globally, President Biden and His Highness President Sheikh Mohamed bin Zayed welcomed the Common Principles for Cooperation on AI, endorsed today by National Security Advisor Jake Sullivan and UAE National Security Advisor Tahnoon bin Zayed, and through which the United States and the United Arab Emirates aim to further strengthen cooperation, develop regulatory frameworks, promote the safe and trusted deployment of critical and emerging technologies, and enable enhanced support for joint private-public sector research and academic exchanges.  

    Building on our collaboration in the field of advanced technology, this partnership incorporates safeguards to protect the national security of both countries, enable trusted investments and entrepreneurship, and facilitate cross-border innovation, while creating jobs and facilitating the protection of advanced U.S. technologies and respect for international principles, best practices, and human rights.  Moving forward, the leaders decided to promote the expansion of relationships among scientific, academic, and research and development communities. 

    Strengthening Critical Infrastructure and Supply Chain Resiliencies

    The leaders reviewed progress on efforts to build a more interconnected, integrated world in committing to secure and resilient supply chains through the Partnership for Global Infrastructure and Investment (PGI). 

    His Highness President Sheikh Mohamed bin Zayed and President Biden discussed progress on the landmark India-Middle East-Europe Economic Corridor (IMEC) launched at the 2023 G20 Leaders’ Summit in New Delhi together with the leaders of India, Saudi Arabia, France, Germany, Italy, and the European Union.  The leaders reaffirmed that the corridor – connecting India to Europe by ship-to-rail connections through the United Arab Emirates, Saudi Arabia, Jordan, Israel, and Europe through Greece – will generate economic growth, incentivize new investments, increase efficiencies and reduce costs, enhance economic unity, generate jobs, lower greenhouse gas emissions, and enable the transformative integration of Asia, Europe, and the Middle East. 

    They underscored that this transformative partnership has the potential to usher in a new era of international connectivity to facilitate global trade, expand reliable access to electricity, facilitate clean energy distribution, and strengthen telecommunication. The two leaders emphasized the importance of joint initiatives to promote a circular economy, reduce waste, facilitate recycling, and advance sustainable practices, underscoring their commitment to innovation for resource efficiency and environmentally responsible growth.

    The leaders also reaffirmed their commitment to continue their efforts with international partners and the private sector to connect the continents to commercial hubs and facilitate the development and export of clean energy; support existing trade and manufacturing synergies; strengthen food security and supply chains; and link energy grids and tele-communication lines through undersea cables to expand access to electricity, enable innovation of advanced clean energy technology, and connect communities to secure and stable internet.

    The leaders additionally discussed the importance of ongoing efforts to cooperate on strategic investments in hard infrastructure and critical minerals-supply chains in Africa and emerging markets globally.  These investments aim to diversify sourcing of critical minerals that are essential components to clean energy and advanced technologies, including batteries, wind turbines, semiconductors, and electric vehicles.  President Biden recognized the United Arab Emirates’ leadership in strategic investments globally to ensure reliable access to critical infrastructure including, ports, mines, and logistics hubs through the Abu Dhabi Investment Authority, the Abu Dhabi Developmental Holding Company, Abu Dhabi Ports, and DP World. 

    Both leaders committed to remain in close touch on future investment opportunities and maintain cooperation on strategic investments.  

    The leaders additionally highlighted that the U.S.–UAE 123 Agreement, which provides a comprehensive framework for peaceful nuclear cooperation based on a mutual commitment to nuclear nonproliferation, is the “gold standard” for securing and propelling the next generation of technologies.

    Partnering to Protect our Planet Through the Clean Energy Transition

    The leaders underscored the importance of U.S.-UAE leadership at COP28, which galvanized world leaders to take action and address the climate crisis.  President Biden thanked His Highness President Sheikh Mohamed bin Zayed for his extraordinary commitment that was central to the groundbreaking outcomes at COP28 in Dubai resulting in the UAE Consensus. 

    The two leaders recognized that this moment represents a unique opportunity to create sustainable and clean energy jobs, revitalize communities, improve quality of life, and power digital infrastructure with renewable energy across both countries and around the globe.  In this context, the two leaders affirmed their shared commitment to protecting our precious planet and securing a sustainable future for humanity through united leadership across various platforms, including the upcoming COP29 and beyond, which will serve to advance climate action and strengthen global partnerships.

    The two leaders expressed their determination to leverage visionary initiatives, including the Partnership for Accelerating Clean Energy (PACE), the Agricultural Innovation Mission for Climate (AIM4C), the First Movers Coalition, the Net Zero Producers Forum, the Global Methane Pledge, Carbon Management Challenge, the Oil and Gas Decarbonization Charter (OGDC), the Industrial Transition Accelerator (ITA), the Global Biofuels Alliance, and Global Flaring and Methane Reduction (GFMR) Trust Fund; and encourage commercial partnerships to decarbonize our energy systems, reduce emissions in pursuit of a net zero economy, and deliver prosperity to future generations. 

    President Biden and His Highness President Sheikh Mohamed bin Zayed reaffirmed their strong commitment to collaborate on sustainability and climate resilience, emphasizing their commitment to addressing global challenges through innovative solutions. The two leaders underscored their joint efforts in advancing agri-tech and vertical farming innovations, key drivers in enhancing food security for future generations. They highlighted ongoing cooperation in humanitarian initiatives aimed at addressing food insecurity in vulnerable regions, particularly through agricultural development and capacity building in climate affected areas. Recognizing the impact of climate change on public health, the leaders emphasized the need to integrate health resilience into comprehensive climate action strategies.

    President Biden also congratulated the United Arab Emirates on its many successes in its two Years of Sustainability (2023-2024), including the recent announcement on co-hosting the next UN Water Conference in 2026 with Senegal, noting the critical importance of accessible and affordable clean water to all; and its significance within various sectors in the clean energy transition, addressing climate change, and the sustainable development agenda.

    Partnership to Accelerate Clean Energy (PACE)

    Under the U.S.-UAE Partnership to Accelerate Clean Energy (PACE) initiative, the United States and the UAE are announcing several initiatives that will continue our efforts to ensure a swift and smooth transition towards clean energy. The United States and United Arab Emirates remain committed to investing together in Africa and working to end energy poverty across sub-Saharan Africa.  Today, the UAE-based Averi Finance and AMEA Power are both private sector partners under the U.S.-led Power Africa Initiative, joining an existing partnership with UAE-based company Phanes. As private sector partners, these firms will be offered tailored assistance from transaction advisors and technical experts and can benefit from services offered by participating U.S. government departments and agencies.

    To support the Power Africa initiative, Averi Finance intends to facilitate $5 billion in investments, build 3GW of power generation projects, construct over 3,000 kilometers of transmission or distribution lines, establish over 500,000 new home and business connections, and aim for a CO2 equivalent reduction or avoidance of 90 million tons.  AMEA Power and Power Africa have recently entered into a partnership to accelerate power projects.  AMEA Power is targeting 5GW of renewable energy capacity in Africa by 2030, and to realize this target, intends to mobilize $5 billion in capital. 

    Additionally, under PACE, ADNOC has announced a 35 percent stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas.  This facility aims to produce up to approximately 900,000 tons of low-carbon ammonia per year, enabling the transition to cleaner fuels in hard-to-abate sectors.  Plynth Energy – a recently established Abu Dhabi government-owned early-stage fund focused on fusion technologies and supply chains – invested in the U.S. company Zap Energy, which plans to build scalable and commercially-viable fusion energy.  This investment will help fund the further development of Zap Energy’s small-format commercial fusion technology. Zap Energy is a participant in the U.S. Department of Energy’s (DOE) Milestone-Based Fusion Development Program, and will receive DOE funding based on reaching development milestones to support the design of a fusion pilot plant.

    Lastly, as two of over 155 participants in the Global Methane Pledge, the U.S. and the UAE will accelerate their respective domestic methane reductions, work together to support countries undertaking methane abatement, and call on others to do the same by advancing methane reduction projects, strengthening methane standards and regulations, addressing methane super emitter events, and identifying appropriate financing for methane reduction.

    Partners in Space Exploration

    As founding nation members of the Artemis Accords, His Highness President Sheikh Mohamed bin Zayed and President Biden reinforced the U.S. and UAE’s groundbreaking cooperation in space, the future of human exploration, and our shared interest in deepening our understanding of the universe. 

    The leaders recalled the role of this partnership in the historic launch of the first Arab probe to Mars, the Hope Probe in 2021, and the resulting and ongoing global scientific collaboration and contribution to the study of Mars’ atmosphere.  This strategic partnership in deep space missions is further exemplified by the UAE Space Agency’s announcement of the Emirates Mission to the Asteroid Belt, the first multi-asteroid tour and landing mission to the main belt, with the partner, Laboratory for Atmospheric and Space Physics at the University of Colorado Boulder.

    The leaders highlighted the January 2024 Mohammed bin Rashid Space Center agreement with NASA for the Center to provide an airlock for Gateway, humanity’s first space station to orbit the Moon supported by NASA’s missions for long-term Moon exploration under the Artemis Program.  The airlock will allow crew and equipment transfers to-and-from the habitable environment of Gateway’s pressurized modules to the vacuum of space.  This agreement will also enable the first Emirati astronaut to fly to the Gateway for joint exploration of the Moon. 

    This cooperation builds on NASA and the UAE’s previous human spaceflight collaboration.  In 2019, Hazaa Al Mansouri became the first Emirati astronaut to fly to space during a visit to the International Space Station (ISS), where he worked with NASA to perform experiments and educational outreach.  A second Emirati astronaut, Sultan Al Neyadi, launched to the ISS in 2023, where he participated in the floating laboratory’s scientific research to advance human knowledge and improve life on Earth.  The leaders welcomed continued training of astronauts, including two Emirati astronaut candidates in training at the Johnson Space Center, as well as ongoing work on Mars research and scientific studies to support mutual exploration goals.

    Sharing the common spirit and ambition of humanity’s journey in space, the leaders reaffirmed the principles of the Artemis Accords to explore and use outer space for peaceful purposes and usher in a new era of exploration, as well as obligations under the Outer Space Treaty, including the requirement that countries not place in orbit around the Earth any objects carrying nuclear weapons or any other kind of weapons of mass destruction.

    Partners in Security and Defense

    His Highness President Sheikh Mohamed and President Biden praised the strong security and defense partnership with the UAE.  President Biden strongly affirmed the United States’ commitment to the United Arab Emirates’ security and territorial defense, and to facilitating its ability to obtain necessary capabilities to defend its people and territory against external threats.  The leaders reaffirmed their commitment to a strong bilateral security and defense relationship and to expanding defense and security cooperation to bolster joint defense capabilities against external threats, including through the Department of Defense’s State Partnership Program.

    The leaders affirmed a shared vision of an interconnected, peaceful, tolerant, and prosperous region as outlined by President Biden during the GCC+3 Summit Meeting in Jeddah, Saudi Arabia, on July 16, 2022.  They reviewed the proud legacy of standing shoulder-to-shoulder, in peace and in conflict, including the UAE’s support for American-led counterterrorism missions since the attacks in New York, Pennsylvania, and Washington on September 11, 2001, to deter threats, de-escalate conflicts, and reduce tensions globally.  Specifically, the leaders recalled the United States and the United Arab Emirates standing alongside each other in the global coalition against Da’esh, and prior conflicts: Somalia, the Balkans, Iraq, Afghanistan, and Libya.

    The leaders reviewed ongoing initiatives and investments in advanced systems that have made the United Arab Emirates one of the most capable U.S. military partners in the region, in addition to a robust schedule of bilateral and multilateral exercises.  They underscored the importance of strengthening efforts to combat regional threats, advance counterterrorism initiatives, reinforce maritime security and counter-piracy efforts, increase security cooperation, and intercept illicit shipments of weaponry and technology. 

    The leaders discussed deepening investment in U.S. defense systems and acknowledged that military-to-military cooperation with the United Arab Emirates’ armed services helps ensure interoperability with the United States through the provision of advanced defense articles and services.  They further decided to explore potential investment in our most advanced defense systems and to maintain regular exchanges to deepen partnership in research and development. 

    The leaders reaffirmed the 2017 Defense Cooperation Agreement, an important step for both countries that underscored their vital and longstanding collaboration in defeating terrorist groups, such as Da’esh and al-Qaida, securing regional stability, and combatting threats against their common interests including terrorist financing.  They underscored the importance of the annual Joint Military Dialogue as the foremost bilateral defense forum for advancing the U.S.-UAE defense partnership, including reviewing shared security interests, as well as discussing strategic objectives for the relationship and challenges in the region, such as maritime security, counter-piracy, counterterrorism cooperation, and domain awareness in the Middle East, the Indian Ocean, and East Africa.  They further noted the recognition by the Security Council in Resolution 2686 that hate speech, racism, racial discrimination, xenophobia, related forms of intolerance, gender discrimination and acts of extremism can contribute to driving the outbreak, escalation and recurrence of conflict.   

    Designation as a Major Defense Partner of the United States

    Acknowledging the U.S. and UAE’s deepening security partnership and cooperation in advanced technology and acquisition, shared interest in preventing conflict and de-escalation, President Biden today recognized the United Arab Emirates as a Major Defense Partner of the United States, joined by only India, to further enhance defense cooperation and security in the Middle East, East Africa, and the Indian Ocean regions.  This unique designation as a Major Defense Partner will allow for unprecedented cooperation through joint training, exercises, and military-to-military collaboration, between the military forces of the United States, the UAE, and India, as well as other common military partners, in furtherance of regional stability.

    Both leaders committed to close and sustained cooperation among our militaries. 

    Partners in a Stable, Integrated, and Prosperous Middle East and Wider Region

    The leaders stressed the importance of reaching a peaceful solution to the dispute over the three islands, Greater Tunb, Lesser Tunb, and Abu Musa, through bilateral negotiations or the International Court of Justice, in accordance with the rules of international law including the UN Charter.

    The leaders discussed persisting and emerging threats to peace and stability in the Middle East and the wider region.  They renewed their commitment to upholding international law, particularly international humanitarian law, work with parties to resolve conflicts and protect civilians, and to provide urgently needed aid to alleviate human suffering.  They reiterated the importance of sustainable and enduring solutions to the security threats in the region, including those posed by non-state terrorist actors.  They discussed the enduring importance of the Abraham Accords and continuing on the path of peace, integration, and prosperity in the region.

    The leaders discussed the war in Gaza. They underscored their commitment to continue working together towards ending the conflict, calling for a lasting and sustainable ceasefire and the release of hostages and detainees in accordance with the United Nations Security Council Resolution (UNSCR) 2735, and affirmed that all sides to the conflict must adhere to their obligations under international humanitarian law. President Biden commended the UAE’s extraordinary humanitarian efforts in Gaza, which have been critical in addressing the humanitarian crisis, including through the launch of a maritime corridor for movement of aid, opening a field hospital in Gaza, and supporting evacuations of wounded civilians and cancer patients.

    The two leaders emphasized the ongoing need for the urgent, unhindered, and sustained delivery of life-saving humanitarian assistance, at a scale commensurate with the growing needs among the civilian population throughout Gaza.  They called on all parties to ensure the safety, security, and sustained access of aid workers to all those in need, and to create the conditions needed to facilitate an effective humanitarian response in Gaza.

    His Highness President Sheikh Mohamed commended the mediation efforts by the United States, along with Egypt and Qatar, to reach a lasting and sustainable ceasefire and hostage release deal to help end the war in Gaza.  His Highness also echoed the principles laid out by President Biden on May 31, 2024, and stressed the importance of building on this proposal in order to create a serious political horizon for negotiation.  To that end, the leaders discussed a path to stabilization and recovery that responds to the humanitarian crisis, establishes law and order, and lays the groundwork for responsible governance.  The leaders expressed their commitment to the two-State solution, wherein a sovereign and contiguous Palestinian state lives side-by-side in peace and security with Israel, as the only way to resolve the Israeli-Palestinian conflict in accordance with the internationally-recognized parameters and the Arab Peace Initiative.  They stressed the need to refrain from all unilateral measures that undermine the two-State solution, and to preserve the historic status quo of Jerusalem’s holy sites, recognizing the special role of the Hashemite Kingdom of Jordan in this regard.

    On the conflict in Sudan, the leaders expressed their deep concern over the tragic impact the violence has had on the Sudanese people and on neighboring countries.  Both leaders expressed alarm at the millions of individuals who have been displaced by the war, the hundreds of thousands experiencing famine, and the atrocities committed by the belligerents against the civilian population.  They stressed that there can be no military solution to the conflict in Sudan and underscored their firm and unwavering position on the imperative for concrete and immediate action to achieve a lasting cessation of hostilities, the return to the political process, and transition to civilian-led governance.

    Both leaders reaffirmed their shared commitment to de-escalate the conflict, alleviate the suffering of the people of Sudan, ensure humanitarian assistance reaches the Sudanese people, and prevent Sudan from attracting transnational terrorist networks once again. Noting their shared concern about the risk of imminent atrocities, particularly as fighting continues in Darfur, they underscored that all parties to the conflict must comply with their obligations under international humanitarian law, and all individuals and groups that commit war crimes must be held accountable.  The leaders emphasized that the priority right now must be the protection of civilians, particularly women, children and the elderly, securing humanitarian pauses in order to scale up and facilitate the movement of humanitarian assistance into the country and across conflict lines, and ensuring the delivery of aid to those in need, especially to the most vulnerable.

    Partners in Cyberspace

    The leaders emphasized that safety and stability in cyberspace is critical for digital economic growth and development, and reaffirmed their commitment to an open, interoperable, secure, and reliable internet, underpinned by the multistakeholder model of internet governance. 

    They committed to deepen cooperation on cybersecurity and to enhance cyber collaboration to protect critical infrastructure, counter malicious cyber activity by state and non-state actors, and noted that the UAE’s significant contributions to the International Counter Ransomware Initiative reflects the strength of our cooperation.  The leaders committed to promote stability in cyberspace based on the applicability of international law including the United Nations Charter, the promotion of voluntary norms of responsible state behavior during peacetime, and the development and implementation of confidence building measures between states. 

    Looking Forward

    The United States and the United Arab Emirates are both entrepreneurial nations, joined together by a relentless focus on the future.  Our aspirations are rooted in a common resolve to pursue innovative partnerships in new fields, including AI, food security, infrastructure investment, and supply chain resilience, even as we continue to strengthen the foundational element of our partnership: our longstanding people-to-people ties.  These connections between our countries drive progress and expand horizons, from clean energy technologies, to AI, defense cooperation, space exploration, and ongoing coordination across priority areas of science, education, and culture.  This first-ever official visit by a President of the United Arab Emirates to the United States sets a new foundation for our countries’ cooperation for decades to come

    ###

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Union Minister of Communications and Development of North Eastern Region Shri Jyotiraditya M. Scindia addresses a press conference in New Delhi today on the significant achievements of the first 100 days of Ministry of Development of North Eastern Region

    Source: Government of India

    Union Minister of Communications and Development of North Eastern Region Shri Jyotiraditya M. Scindia addresses a press conference in New Delhi today on the significant achievements of the first 100 days of Ministry of Development of North Eastern Region

    Increase of around 314% in expenditure from ₹24819 Cr in FY 2014-15 to ₹1,02,749.46 Cr in FY 2023-24 by 54 Central Ministries to NER

    Increase of Around 152% In Budget Allocation for DoNER Ministry From ₹2,332 Cr  (FY 2014-15) To ₹5,892 Cr (FY 2023-24)

    In Comparison To Period 2009-2014, A 384% Increase in Average Annual Budget Allocation  under Railways Totaling ₹9,970 Cr (FY 2023-24). 1,909 Km Increase in Railway Tracks

    In 100 days 6 Projects worth ₹419.13 Cr have been sanctioned including  for establishing  a State Cancer Institute at Itanagar, Arunachal Pradesh under PM-DevINE

    Policy reforms for simplification of Scheme Guidelines and Streaming of release of funds

    Posted On: 23 SEP 2024 9:44PM by PIB Delhi

    Union Minister of Communications and Development of North Eastern Region  Shri JyotiradityaScindia addressed a press conference in New Delhi today on the important initiatives, decisions and achievements of the last ten years and first 100 days  of the third term of Prime Minister Shri Narendra Modi.

    On this occasion,  Union Minister Shri JyotiradityaScindia launched the ‘EkPedMaaKeNaam’ mobile application along with Union MoS for Department of Telecommunications, Dr. Pemmasani Chandra Sekhar. This campaign, launched on World Environment Day, 2024, encourages citizens to plant trees to honour their mothers, promoting nationwide environmental awareness and action. By leveraging technology, this  app empowers individuals to contribute to a greener India, fostering a culture of sustainability and community engagement.

     

     

    Addressing the media persons, Union Minister highlighted   the development activities in North Eastern Region by various Ministries/Department of Government of India. He informed that more than ₹5 lakh Cr  has been allocated in NER under 10% Gross Budgetary Support by 54 Ministries. The expenditure in NER has increased from ₹24819 Cr in FY 2014-15 to ₹1,02,749.46 Cr in FY 2023-24.  There is also 152% increase in Budget allocation of MDoNER from ₹2332 Cr in 2014-25 to Rs.5892 Cr in 2023-24.

     

    He said that during the  first ten years of Modi Government, there is 384% of increase in average Annual Budget Allocation of Railways  totaling ₹9970 Cr in 2023-24.  The Annual commissioning was 66.6 KM/year during 2009-2014 which has increased by 170% to   179.78 Km/Year (2014-23). There is 1,909 Km increase in Railway Tracks.19 Railway projects worth ₹81941 Cr are in different stages of execution.

    Talking about the revolutionary work done by the government in the last 10 years, he also highlighted completion of 46,296 Km Rural Roads under Pradhan Mantri Gram SadakYojana (PMGSY) with an expenditure of ₹47,279 Cr. He made a mention of laying foundation stone and inauguration of many projects in NER  by Hon’ble PM  on 9th March, 2024 including inauguration of Sela Tunnel  for all weather connectivity to Tawang. Increase in number of airports from 9 to 17 (including operationalization of 72 routes under Udan Scheme), increase in Number of National  Waterways from 1 to 20 and an expenditure of ₹21,151 Cr on education  and establishment of 843 new Schools in NER during last ten years was also mentioned by Hon’ble Minister.

    100 Days Achievements:

    • Union Minister said that the during first 100 days of Modi 3.0, MDoNER has sanctioned 6 Projects worth ₹ 419.13 Cr under PM-DevINE, including establishment of State Cancer Institute at Itanagar, Arunachal Pradesh, 3 Projects worth ₹152.6 Cr. under NESIDS (OTRI)including augmentation of Water Supply System at Namsai Township in Arunachal Pradesh and 5 Projects worth ₹ 370.16 Cr under NESIDS (Roads).

    • Union Minister has informed that guidelines of various Schemes of MDoNER have been simplified to jointly consider concept note and DPR of project proposals in one go to reduce the lead time in conceptualization and sanction of projects substantially. Financial and sectoral demarcation among the schemes of MDoNER have been rationalized and issued on 21.08.2024, to prevent duplication of sanction of projects. Funds flow process for projects sanctioned under Schemes of MDoNER/NEC  has been simplified to enable the release of funds for projects in 4 installments only.

    • MDoNER  has empanelled the Third Party Technical Inspection (TPTI) Agencies and Project Quality Monitors (PQMs) through NEDFi for inspection of ongoing projects to  strengthen the monitoring and inspection mechanism of ongoing projects sanctioned under various schemes of MDoNER.

    • Union Minister informed that  for supporting new Start-ups, Manipur Strart-up Venture Fund  with an initial corpus of Rs. 30 Crhas been initiated and two Start-ups  have received in-principle investment commitments from this fund.

    • The Ministry is organizing Ashtalakshmi Mahotsav-2024 from 6th to 8th December, 2024 at Bharat Mandapam, New Delhi to promote rich heritage, handicrafts, handloom, agri-produce and craft tourism of the North Eastern States.

    • North East Science and Technology (NEST) Cluster for innovation ecosystem: The Ministry of DoNER approved NEST on 13.8.2024, North east Science & Technology Cluster (NEST cluster) ecosystem exclusively for the North eastern Region similar to the S&T Cluster of the Office of the Principal Scientific Advisor. 4 Verticals have been approved viz. (i) Innovation Hub on Grassroots Technologies,  (ii) Technology Hub for Artificial Intelligence & Semiconductor (iii) CoE for Innovation in Bamboo based Technology, Entrepreneurial promotion & skill development and Skill Development and (iv) Innovation Centre on Biodegradable, eco-friendly Plastics & Solid-Waste Management. The objective of the NEST cluster is to identify and address the issues and challenges of the people of NER through the technological interventions for the holistic development of North Eastern Region.

    • Launch of North Eastern Region Agri-Commodity e-Connect (NE-RACE) Portal: It is a transformative step for the agricultural sector in North East, aligning with Hon’ble Prime Minister’s vision of ‘Vocal for Local’ and opening global markets to our farmers.The North Eastern Council (NEC) under the Ministry of Development of North Eastern Region (MDoNER) in collaboration with North Eastern Development Finance Corporation Limited (NEDFi) launched on 12th July 2024  a digital initiative called North Eastern Region Agri-Commodity E-Connect (NE-RACE) to provide market linkage for agricultural and horticultural products from the North Eastern Region (NER) in both fresh and processed forms. The NE-RACE digital platform is funded by NEC and is developed and managed by the NEDFi.

    • Development of various Portals – On 22nd July, 2024, a portal was launched for robust monitoring and evaluation of the projects being implemented under various scheme of Government of India’s 54 Ministries/Departments (non-exempted under 10% GBS). The said portal has been developed. All the Ministries have been sensitized through a live demo on 6th September, 2024. This portal will help in robust monitoring and evaluation of the projects being implemented under various scheme of Government of India’s Ministries/Departments. Similarly, a portal has been developed to capture the expenditure being made under the 10% GBS of the 54 non-exempted Ministries/Departments. The expenditure details monitored will be State- wise and scheme-wise by respective Ministries/Departments. The portal will capture expenditure details State wise and scheme wise therefore ensuring effective evaluation and monitoring.

    ***

    MG/PD

    (Release ID: 2058063) Visitor Counter : 31

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Booker, Merkley, Grassley, Hinson, and Adams Shine Light on Stillbirth Prevention

    US Senate News:

    Source: United States Senator for New Jersey Cory Booker
    WASHINGTON, D.C. – Today, U.S. Senators Cory Booker (D-NJ), Jeff Merkley (D-OR), and Chuck Grassley (R-IA) teamed up with U.S. Representatives Ashley Hinson (R-IA-01) and Alma S. Adams, Ph.D. (D-NC-12) to introduce a bipartisan, bicameral resolution recognizing September 19th as National Stillbirth Prevention Day.
    Earlier this year, the bipartisan Maternal and Child Health Stillbirth Prevention Act—led by Merkley in the Senate and Hinson and Adams in the House—was signed into law by President Biden to help save the lives of mothers and babies across America. With at least 25 percent of stillbirths being potentially preventable, this resolution stresses the need for continued stillbirth prevention activities in the United States.
    “Thousands of families grapple with the unimaginable pain of stillbirths, and, devastatingly, Black women and underserved communities are disproportionately impacted by these tragedies,” Booker said. “By designating September 19 as National Stillbirth Prevention Day, we will help raise awareness, promote research and develop solutions so all mothers and babies, regardless of their background or circumstances, have access to the care and support they deserve.”
    “A single family affected by stillbirth is one too many. Yet this tragedy impacts thousands across America, upending the lives of individuals and families from all walks of life,” Merkley said. “Getting my Maternal and Child Health Stillbirth Prevention Act signed into law was an important first step, but we must do more to reduce the alarming rate of stillbirth, which disproportionately impacts Black, Native Hawaiian or Other Pacific Islander, and American Indian or Alaska Native women. This National Stillbirth Prevention Day we recommit to doing everything we can to end this public health crisis, so no one again ever has to experience the trauma of stillbirth.”
    “Iowa has made strides towards reducing stillbirths in our state. This bipartisan resolution recognizes researchers like we have in Iowa, as well as care providers and advocates. It also reaffirms our goal to improve maternal care resources, particularly in rural areas,” Grassley said. “No mom should know the heartbreak of a stillbirth. I’m glad to be partnering on a number of federal legislative efforts to help target contributing factors and save babies’ lives.”
    “Over 21,000 babies are stillborn in the U.S. each year. This rate is unacceptably high, and we must do more to ensure more women experience healthy pregnancies and have healthy babies. I am proud to lead this bipartisan, bicameral effort to recognize September 19th as National Stillbirth Prevention Day to raise awareness about stillbirth prevention so we can help save more moms and babies,” Hinson said.
    “I was proud to co-lead the Maternal and Child Health Stillbirth Prevention Act and see it pass into law this year, which will increase awareness for families on how to prevent this painful, yet common experience. Today we recommit to ending stillbirth and to giving more families a chance to be whole. This is just the beginning, and I am committed to doing my part on behalf of all of America’s families,” Adams said.
    According to the Centers for Disease Control and Prevention, one out of every 175 U.S. births tragically result in stillbirth—accounting for nearly 21,000 stillbirths a year—more stillbirths annually than the number of babies who pass away during their first year of life. In the last two decades, the stillbirth rate in the United States declined by a negligible 0.4 percent. In a report published by the World Health Organization comparing progress in improving stillbirth rates, the United States ranked 183 out of 195 countries.
    “For the third year in a row, and under Senator Merkley’s leadership, we pause to recognize the crisis of stillbirth in this country and celebrate progress on stillbirth prevention efforts. When Congress recognizes this important day, when buildings and bridges are lit up across the country, and moms and dads make their voices heard through OpEds and sharing their personal stories of loss — progress happens and lives are saved. We mourn the tens of thousands of babies who should be with their families right now and accelerate progress so no other family has to endure the tragedy of stillbirth,” said Emily Price, Healthy Birth Day Inc. CEO.
    In the Senate, the resolution is cosponsored by Senators Angus King (I-ME) and Martin Heinrich (D-NM). Healthy Birth Day Inc., Charles Martin Corvi Fund, Birth and Breastfeeding in Color Inc, American College of Nurse-Midwives, Aaliyah in Action, Yale University Reproductive and Placental Research Unit, Yale University, The Sudden Unexplained Death in Childhood Foundation, Nitamising Gimashkikinaan Our First Medicine Indigenous Perinatal and Lactation Support Circle, Division of Indian Work, Maternal Mental Health Leadership Alliance, 1st Breath, 2 Degrees, Dieudonne Foundation, Jace’s Journey, Start Healing Together, In the Arms Of Jesus Grief Support, Healing Our Hearts Foundation, Matties Memory, Society for Reproductive Investigation, March of Dimes, Measure the Placenta, Nurturing Babyhood N’ Beyond LLC, PUSH for Empowered Pregnancy, March for Moms, Policy Center for Maternal Mental Health, Gifts from Liam, Mera’s Mission, and Kansas Birth Justice Society also endorsed the resolution.
    Previous Efforts
    Last year, Booker reintroduced the Stillbirth Health Improvement and Education (SHINE) for Autumn Act, legislation that aims to reduce the alarmingly high U.S. stillbirth rate. Named after Autumn Joy, a New Jersey baby who was stillborn in 2011, the bill would provide critical resources to states, local public health departments, the Centers for Disease Control and Prevention (CDC), and other related federal agencies to improve data collection and increase education and awareness of stillbirth in the United States.
    The full text of the resolution can be found by clicking here.

    MIL OSI USA News –

  • MIL-OSI USA: Exercise Caution with Crypto Asset Securities: Investor Alert

    Source: Securities and Exchange Commission

    TLDR:  The SEC’s Office of Investor Education and Advocacy continues to urge investors to be cautious if considering an investment involving crypto asset securities.  Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections for investors.  The risk of loss for individual investors who participate in transactions involving crypto assets, including crypto asset securities, remains significant.  The only money you should put at risk with any speculative investment is money you can afford to lose entirely.  Investors should understand that:

    1. Those offering crypto asset investments or services may not be complying with applicable law, including federal securities laws.  Under the federal securities laws, a company may not offer or sell securities unless the offering is registered with the SEC or an exemption to registration is available.  Similarly, the law requires parties such as securities broker-dealers, investment advisers, alternative trading systems (ATS), and exchanges to register with the SEC, a state regulator, and/or a self-regulatory organization (SRO), such as FINRA.  Moreover, entities and platforms involved in lending or staking crypto assets may be subject to the federal securities laws. 

    Registration of a securities offering requires the issuer to disclose important information about the company, the offering, and the securities offered to the public.  Unregistered offerings in crypto asset securities may not provide key information that investors need to make informed decisions.  For example, registration typically requires an issuer to include financial statements audited by an independent public accounting firm registered with the Public Company Accounting Oversight Board (PCAOB).  Audited financial statements play an important role in making sure investors are provided the information they need to understand the securities in which they want to invest.  Issuers of unregistered crypto asset securities offerings might not provide audited financial statements, depriving investors of this key information.

    Proof of Reserves is a term crypto asset entities, including trading platforms and/or entities that issue crypto assets securities, use to describe a voluntary method for offering evidence that in the aggregate an entity has sufficient reserve assets to cover what is held for customers and/or accounts at a given point in time. Crypto asset entities may be offering these types of assessments as a way to satisfy customers that their funds are safe and available upon demand.  However, these types of services may not provide any meaningful assurance that these entities hold adequate assets to back their customers’ balances.  Further, crypto asset entities might use these in lieu of audited financial statements in order to obscure and confuse customers about the safety of their assets.  For example, a proof of reserves typically:

    • may only provide a snapshot of what is, for example, held by an entity in certain wallets or accounts, or backing customer assets as of a point-in-time;
    • may not disclose management’s activities during the period between the snapshots (for example, use of customer crypto assets in crypto asset lending or other activities); 
    • does not tell customers the whole story about the entity’s liabilities and, for example, whether the customer has to “stand in line” behind other creditors if the entity fails; and
    • may not offer protection against the entity moving customer assets shortly after a proof of reserves is completed.

    In addition, a proof of reserves is not as rigorous, or as comprehensive, as a financial statement audit and may not provide any level of assurance.  For example, audited financial statements typically require audits of a complete set of financial statements performed by a registered public accounting firm in accordance with PCAOB auditing standards.  With so-called proof of reserves, there are no specific audit requirements for the engagement or the information reported, allowing an entity full discretion to manage the terms of the engagement.  For example:

    • the extent and frequency of assessments performed around customer assets;
    • the determination of the reserves (for example, which wallets and accounts are examined as part of the assessment);
    • the level of assurance provided (for example, reasonable, limited, or no assurance) and the standards applied;  
    • the type of third-party assurance provider engaged (i.e., accountant or non-accountant assurance providers, affiliated or independent); and 
    • whether the results are made public, including the extent and format of the information shared. 

    Investors should be aware that this level of management discretion undermines any suggestion that a proof of reserves offers protections similar to a financial statement audit.  In sum, investors should exercise extreme caution when relying on proof of reserves to conclude that a crypto asset entity has sufficient reserve assets to meet customer liabilities.

    Similarly, registration with the SEC by an entity as a “broker-dealer” and/or “investment adviser” provides important protections for investors.  Some of those benefits include rules around custody of assets, fees, conflicts of interest, standards of conduct, and minimal capital requirements for broker-dealers.  For example, a broker-dealer must comply with custody requirements such as the customer protection rule, which requires broker-dealers to safeguard customer assets and to keep customer assets separate from the firm’s assets – increasing the likelihood that customers’ securities and cash can be returned to them in the event of the broker-dealer’s failure.  In addition, a broker-dealer making recommendations of securities or investment strategies involving securities (including crypto asset securities) to retail customers is subject to Regulation Best Interest, which requires broker-dealers to make recommendations in the retail customers’ best interest, and requires compliance with specific disclosure, care, conflict of interest, and compliance obligations. 

    Recordkeeping and reporting rules require a broker-dealer to make and keep current ledgers reflecting all assets and liabilities.  Moreover, financial responsibility rules require that broker-dealers routinely prepare financial statements.  These books, records, and financial reporting requirements assist securities regulators in examining for compliance with the federal securities laws.  Crypto asset entities not offering these types of protections put investors at risk.  

    ATSs, which are marketplaces for securities, must be registered broker-dealers and members of an SRO, such as FINRA.  In addition to complying with federal securities laws and its SRO’s rules, an ATS must comply with Regulation ATS, which includes filing disclosures with the SEC about the ATS’s operations and securities trading and protecting its users’ trading information.       

    SEC-registered investment advisers that hold or have the ability to obtain possession of their clients’ funds or securities are required to maintain those assets with a qualified custodian, like a bank or broker-dealer.  SEC-registered investment advisers that have “custody” of client funds and securities are also generally required to undergo an annual “surprise examination” in which an independent public accountant verifies the existence of these assets and to make and keep records showing all purchases and sales for each client.  

    Also, unlike SEC-registered entities, crypto asset securities trading platforms or other intermediaries (such as so-called “crypto exchanges”) may offer a combination of services that are typically performed by separate firms that may each be required to be separately registered with the SEC, a state regulator, or a SRO.  The commingling of these functions, exchange, broker-dealer and custodial functions, for example, creates conflicts of interest and risks for investors.  SEC-registered entities are subject to a number of rules to minimize these risks and conflicts of interests, in some cases by separating the functions into legally separate and unaffiliated entities.  Registered broker-dealers, ATSs, and investment advisers are also subject to examination by regulators.  None of the major crypto asset entities is registered with the SEC as a broker-dealer, exchange, or investment adviser—so investors may not get the protections afforded by the rules applicable to these entities.  

    In particular, no crypto asset entity is registered with the SEC as a national securities exchange (like, for example, the New York Stock Exchange or the Nasdaq Stock Market).  And no existing national securities exchange currently trades crypto asset securities.  As a result, investors in crypto asset securities may not benefit from rules that protect against fraud, manipulation, front-running, wash sales, and other misconduct when intermediaries for those products do not comply with the federal securities laws that apply to registered exchanges.

    Investors who hold registered securities with registered broker-dealers also generally benefit from protections offered by the Securities Investor Protection Corporation (SIPC).  Similarly, people who place deposits in banks enjoy insurance, up to a defined limit, provided by the Federal Deposit Insurance Corporation (FDIC).  The National Credit Union Administration (NCUA) insures deposits in federal credit unions.  There are no such protections for accounts that you place with crypto asset entities.    

    In sum, investors in crypto asset securities should understand they may be deprived of key information and other important protections in connection with their investment.  

    2.  Investments in crypto asset securities can be exceptionally risky, and are often volatile.  Over the last year, the crypto asset space has been exceptionally volatile – and a number of major platforms and crypto assets have become insolvent and/or lost value.  Investments in crypto asset securities continue to be subject to significant risk, including:

    • volatility and illiquidity in the crypto asset markets;
    • the potential for the company holding your crypto assets to fail or go bankrupt;
       

      Investors who deposit funds or crypto assets with a crypto asset securities entity might cease to have legal ownership of those assets and might not be able to get those assets back when they want to.  Over the past year, a number of crypto asset entities have faced severe financial difficulties, sometimes resulting in suspending customers’ ability to withdraw their assets.  Some crypto asset entities have entered bankruptcy proceedings, and it is unclear how much of their holdings (if any) customers might be able to recover.  Investors need to be wary of claims that “you always retain ownership of your crypto assets” and “you can withdraw your assets whenever you like.”

    • unpredictability, including that the market for a particular crypto asset security may disappear altogether or the crypto asset security may no longer be tradable anywhere;
    • sometimes highly concentrated and opaque ownership and control structures;
    • enforcement of laws and regulations by federal, state, or foreign governments that may restrict the use and exchange of crypto assets;
    • unauthorized lending or transfers of customers’ crypto asset securities, or halting of customer withdrawals;
    • the inability for an investor to be made whole should fraud, default, or a mistake occur; 
    • technical glitches, hacking, or malware; and
    • lack of investor protections due to crypto asset securities entities not acting in compliance with applicable law.

    3. Fraudsters continue to exploit the rising popularity of crypto assets to lure retail investors into scams, often leading to devastating losses.  Crypto asset securities-related investments continue to be replete with fraud, including bogus coin offerings, Ponzi and pyramid schemes, and outright theft where the project promoter simply disappears with investors’ money.  

    Some promoters use social media to find and entice new investors with testimonials about returns made on deposits and investments, but what is not mentioned is that the promoter is often paying investor withdrawals out of new investor funds – a Ponzi scheme.  Moreover, recovering money from the wrongdoers can be nearly impossible.  In part, that can be because of the anonymity or pseudonymity associated with crypto assets.  However, the SEC and state regulators continue to bring enforcement actions in this space.

    Celebrity endorsements:  It is never a good idea to make an investment decision just because someone famous says a product or service is a good investment.  A celebrity endorsement does not mean that an investment is appropriate for all investors, or even that it is legitimate.  Often, a celebrity is getting paid to promote the investment opportunity, including those involving crypto assets.  Even if a celebrity endorses an investment opportunity, you should consider the potential risks and opportunities to determine whether it is right for you.

    Learn more about investment fraud, including how to spot “red flags” of a scam, in our Investor Bulletin, What You Can Do to Avoid Investment Fraud.
     
    4.    Having an investing plan, as well as understanding your risk tolerance and time horizon, can be critical to your investing success.

    What are the best saving and investment products for you? The answer depends on when you will need the money, your goals, and whether you will be able to sleep at night if you purchase a risky investment (one where you could lose your entire principal). Before making any investment, consider these tips:

    • Create and follow an investment plan.  Do not let short-term emotions about investments disrupt your long-term investment objectives.  If you are considering short-term investments, think about how much of your overall portfolio you should allocate to these types of investments.
    • Pay off credit cards or other high interest debt first.  No investment strategy pays off as well as, or with less risk than, eliminating high interest debt.  
    • Consider the importance of asset allocation and diversification.  Asset allocation involves dividing your investments among different assets, such as stocks, bonds, and cash.  The allocation that works best for you changes at different times in your life, depending on how long you have to invest and your ability to tolerate risk.
    • Understand risk.  All investments have risk.  While some regulated institutions may offer retail investors ways to gain exposure to crypto asset securities, even when using a regulated entity, investors should ask questions and make sure they understand the terms of the investment.  Never invest if you do not understand the product – including the risks involved.

    MIL OSI USA News –

  • MIL-OSI USA: State launches new initiative to mobilize one million Californians for climate action

    Source: US State of California 2

    Sep 23, 2024

    What you need to know: California is launching a campaign to empower one million Californians to take climate action in their communities. 

    SACRAMENTO – During Climate Week, Governor Gavin Newsom announced a new state initiative to mobilize one million Californians to take climate action at home and in their neighborhoods to help build resilient communities.

    California’s Climate Action Counts initiative aims to educate and inspire people to reimagine the power of volunteerism by taking impactful, everyday actions in their communities.

    “Every day, Californians are taking small actions that collectively are helping us create a better world for our kids and grandkids. From saving water and planting trees to taking public transit and being disaster ready – we’re all in this together.

    The Climate Action Counts campaign will empower Californians to be a part of something big and impactful – making all of our climate action truly count.”

    Governor Gavin Newsom

    The campaign highlights 10 priority actions and encourages participants to take the pledge to action. Those taking the pledge join hundreds of California Climate Action Corps fellows in efforts to combat the effects of climate change.

    👗 Reduce waste: Donate, upcycle and thrift.

    🍎 Compost food scraps: Toss in your green bin or compost in your yard. 

    🛒 Support local farmers: Shop at local farmers markets or join a CSA (Community Supported Agriculture). 

    🚲 Green your ride: Walk, bike, use public transit, carpool whenever you can – or consider a zero-emission vehicle.

    🌱 Get planting: Plant trees and native plants or start a community garden. 

    🔥 Be disaster ready: Be prepared for wildfire and extreme heat.

    💡 Save energy, water and money: Use a smart thermostat, conserve water and capture savings. 

    🌄 Discover nature: Enjoy nature at your local parks and trails.

    📣 Tell a friend: Encourage your friends and family to take part in Climate Action Counts.

    💚 Get connected: Sign up to serve or volunteer in your community!

    Campaign partners span cities, colleges and universities, state agencies, community-based organizations, business and climate leaders, including the cities of Long Beach, Riverside and Sacramento, California Community Colleges, University of California, California State University, California Natural Resources Agency, CalRecycle, California ReLeaf, Sierra Club, Jane Goodall Institute and Patagonia.

    “This campaign will inspire hope – showing when it comes to the climate crisis, we are not powerless,” said California Chief Service Officer Josh Fryday. “We are calling on one million Californians to take simple, everyday actions for collective impact.”

    “The best solutions to the climate crisis come from the grassroots,” said Corley Kenna, Vice President of Communications and Public Policy at Patagonia. “We’re partnering with the Climate Action Counts campaign to help one million Californians build thriving communities while protecting the natural world. Everyone has a role to play in this movement.”

    As a part of California’s comprehensive strategy to address the climate crisis, Governor Gavin Newsom created the California Climate Action Corps in 2020 – the nation’s first state-level service and volunteer program focused on combating climate change. Since then, numerous states have adopted California’s model to establish their own Climate Corps. 

    Recent news

    Sep 22, 2024

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills: AB 262 by Assemblymember Chris R. Holden (D-Pasadena) – Children’s camps: safety and regulation.AB 460 by Assemblymember Rebecca Bauer-Kahan (D-Orinda) – State Water…

    Sep 21, 2024

    News What you need to know: Governor Gavin Newsom signed legislation to provide more safety, care, and accountability for services that help older adults and their families thrive, as more Californians live longer lives. This action further advances California’s…

    Sep 20, 2024

    News SACRAMENTO – Moving to protect the health and well-being of youth on digital platforms, Governor Gavin Newsom today signed SB 976 by Senator Nancy Skinner (D-Berkeley), which prohibits online platforms from knowingly providing an addictive feed to a minor without…

    Sep 23, 2024

    What you need to know: The passage of Proposition 1 by California voters adds rocket fuel to Governor Gavin Newsom’s transformational overhaul of the state’s behavioral health system. These reforms refocus existing funds to prioritize Californians with the most serious mental health and substance use issues, who are too often experiencing homelessness. They also fund more than 11,150 new behavioral health beds and supportive housing units and 26,700 outpatient treatment slots.

    Los Angeles, California – California took a major step forward in correcting the damage from 50 years of neglect to the state’s mental health system with the passage of Proposition 1. This historic measure — a signature priority of Governor Gavin Newsom — adds rocket fuel to California’s overhaul of the state’s behavioral health systems. It provides a full range of mental health and substance abuse care, with new accountability metrics to ensure local governments deliver for their communities.

    This is the biggest reform of the California mental health system in decades and will finally equip partners to deliver the results all Californians need and deserve. Treatment centers will prioritize mental health and substance use support in the community like never before. Now, it’s time to roll up our sleeves and begin implementing this critical reform – working closely with city and county leaders to ensure we see results.

    Governor Gavin Newsom

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    What they’re saying: 

    • Sacramento Mayor Darrell Steinberg, original author of the Mental Health Services Act: “Twenty years ago, I never could have dreamed that we would have the strong leadership we have today, committing billions and making courageous policy changes that question the conventional wisdom on mental health. Now, with the passage of Proposition 1. California is delivering on decades old promises to help people living with brain-based illnesses, to live better lives, to live independently and to live with dignity in our communities. This is a historic moment and the hard work is ahead of us.“
    • Senator Susan Eggman (D-Stockton), author of Senate Bill 326: “Today marks a day of hope for thousands of Californians who are struggling with mental illness – many of whom are living unhoused. I am tremendously grateful to my fellow Californian’s for passing this important measure.  And I am very appreciative of this Governor’s leadership to transform our behavioral health care system!”
    • Assemblymember Jacqui Irwin (D-Thousand Oaks), author of Assembly Bill 531: “This started as an audacious proposal to address the root cause of homelessness and today, Californians can be proud to know that they did the right thing by passing Proposition 1. Now, it’s time for all of us to get to work, and make sure these reforms are implemented and that we see results.”

    Bigger picture: Transforming the Mental Health Services Act into the Behavioral Health Services Act and building more community mental health treatment sites and supportive housing is the last main pillar of Governor Newsom’s Mental Health Movement – pulling together significant recent reforms like 988 crisis line, CalHOPE, CARE Court, conservatorship reform, CalAIM behavioral health expansion (including mobile crisis care and telehealth), Medi-Cal expansion to all low-income Californians, Children and Youth Behavioral Health Initiative (including expanding services in schools and on-line), Older Adult Behavioral Health Initiative, Veterans Mental Health Initiative, Behavioral Health Community Infrastructure Program, Behavioral Health Bridge Housing, Health Care Workforce for All and more.

    More details on next step here

    Recent news

    Sep 22, 2024

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills: AB 262 by Assemblymember Chris R. Holden (D-Pasadena) – Children’s camps: safety and regulation.AB 460 by Assemblymember Rebecca Bauer-Kahan (D-Orinda) – State Water…

    Sep 21, 2024

    News What you need to know: Governor Gavin Newsom signed legislation to provide more safety, care, and accountability for services that help older adults and their families thrive, as more Californians live longer lives. This action further advances California’s…

    Sep 20, 2024

    News SACRAMENTO – Moving to protect the health and well-being of youth on digital platforms, Governor Gavin Newsom today signed SB 976 by Senator Nancy Skinner (D-Berkeley), which prohibits online platforms from knowingly providing an addictive feed to a minor without…

    MIL OSI USA News –

  • MIL-OSI USA: Eight Missouri Schools Earn National Blue Ribbon Accolades

    Source: US State of Missouri

    Missouri’s eight 2024 Gold Star Schools have also been recognized as U.S. Department of Education (USED) National Blue Ribbon Schools. The National Blue Ribbon Schools program recognizes individual schools for either their outstanding academic achievement (top 15 percent in the state based on English and mathematics assessment scores and graduation rates) or their performance at high academic levels while serving a significant proportion of disadvantaged students.

    Missouri’s 2024 National Blue Ribbon Schools:

    • Bristol Elementary School, Webster Groves School District
    • Meramec Elementary School, Clayton School District
    • Metro Academic and Classical High School, St. Louis Public School District
    • Oakwood Elementary School, Hannibal 60 School District
    • Ralph M. Captain Elementary School, Clayton School District
    • Richland Elementary School, Richland R-I School District
    • Voy Spears, Jr. Elementary School, Blue Springs R-IV School District
    • William Yates Elementary School, Blue Springs R-IV School District

    “Congratulations to the students, teachers, and staff members at each of these schools for this extraordinary accomplishment,” said Commissioner of Education Karla Eslinger. “These schools go above and beyond to provide the best education possible for their students. We appreciate their commitment and commend them for a job well done.”

    In May, these eight schools were honored as Missouri Gold Star Schools, a program established by the Missouri Department of Elementary and Secondary Education in 1991. They were then nominated for the National Blue Ribbon Schools program, which shares the same nomination criteria as the Gold Star Schools award. To date, more than 9,000 schools across the country have been presented with this coveted U.S. Department of Education award.

    The 2024 National Blue Ribbon Schools award ceremony will be held November 7 and 8 in Washington, DC. Photographs and brief descriptions of all 2024 National Blue Ribbon Schools are available from USED here.

    MIL OSI USA News –

  • MIL-OSI USA: What You Need to Know About the End of LIBOR – Investor Bulletin

    Source: Securities and Exchange Commission

    You may have recently read in the financial press about the phase-out of LIBOR.  You may be affected by the transition away from LIBOR if you hold securities, financial instruments or financial products that have exposure to LIBOR.  The SEC’s Office of Investor Education and Advocacy (OIEA) wants to help you understand how the transition away from LIBOR could impact your investments and financial situation, and where you can go for additional information.

    What’s LIBOR?

    U.S.-dollar LIBOR is a benchmark interest rate set by input from a panel of banks.  It has been used to set the interest rate in floating rate, adjustable rate or variable rate instruments or loans, in which the interest rate periodically resets (such as every three months or every year) over the life of the instrument or loan.  LIBOR was used once in over $200 trillion of financial instruments, ranging from sophisticated financial and investment derivatives to bonds, bank loans and consumer products, like adjustable rate mortgages and student loans.

    Replacing LIBOR

    In recent years, however, U.S.-dollar LIBOR is being phased out in response to concerns that the benchmark was being manipulated.  The publication for one-week and two-month U.S.-dollar LIBOR ceased at the end of 2021.  The remaining tenors of U.S.-dollar LIBOR are scheduled to cease publication after June 30, 2023. 

    The end of LIBOR has precipitated the need for an alternative benchmark rate.  In March 2022, Congress enacted the Adjustable Interest Rate (LIBOR) Act.  This Act provides a process and protections for transitioning to an alternative rate in contracts with terms that do not provide for a clear transition.  The Federal Reserve Board adopted a final rule in December 2022 implementing the LIBOR Act and specified benchmarks based on the Secured Overnight Financing Rate (SOFR) as the replacement rates.

    Secured Overnight Financing Rate (SOFR).  SOFR is a broad measure of the cost of borrowing overnight collateralized by U.S. Treasury securities.  It is based on observable transactions in the repurchase market.  The Alternative Reference Rate Committee (ARRC), an industry-led group in which the SEC and other departments and agencies of the U.S. government participate, recommended SOFR as the LIBOR replacement rate.

    What do I need to know?

    Some investments you own, such as mutual funds, ETFs, closed-end funds, business development companies (BDCs), municipal and corporate bonds, and individual stocks, may either be LIBOR-based financial instruments or have exposure to such instruments. 

    For instruments that are subject to the LIBOR Act, the replacement rate will be a SOFR-based rate.  Other LIBOR-based financial instruments that already provide for a clear transition from LIBOR may have other non-SOFR-designated replacement rates, such as the U.S. prime rate. 

    Synthetic U.S.-dollar LIBOR.  The Financial Conduct Authority in the United Kingdom, LIBOR’s regulator, recently required the continued publishing of “synthetic” U.S.-dollar LIBOR for a period of 15 months after June 30, 2023 for use in certain cases to aid in the transition.

    How may I be affected?

    You may be affected by the transition away from LIBOR if you hold securities, financial instruments or financial products that have exposure to LIBOR.

    Municipal, corporate and FHLB bonds.  If you are directly invested in a variable or floating rate municipal, corporate or FHLB bond that relies on LIBOR as a component for the periodic variable rate adjustment, then the cessation of LIBOR will have direct implications for you.  Review any disclosures provided by the issuer of the bond.  You can utilize our EDGAR database to review disclosures by issuers of corporate bonds.  For municipal bonds, you may access information at the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access (EMMA) website.  You can find offering disclosure regarding FHLB bonds on their website.  In addition, it may be worthwhile to have a discussion with your broker or investment adviser about your specific exposure and how the LIBOR transition may affect your specific bond holdings.

    Individual stocks.  Many companies use sophisticated financial and investment instruments and derivatives as a means to manage the company’s financial situation and risk profile.  Many of these instruments and derivatives may incorporate a variable interest rate based on LIBOR. 

    To further understand how a company may be affected by the LIBOR transition, you may review the company’s periodic disclosure in our EDGAR database.  Companies that have material risk exposure to the LIBOR transition should discuss such risks in their annual reports on Form 10-K and quarterly reports on Form 10-Q.  A search for the term “LIBOR” in the document can be a quick way to find the relevant discussions.  The SEC’s Division of Corporation Finance has encouraged public companies and asset-backed securities issuers to keep investors informed about the progress toward risk identification and mitigation, and the anticipated impact on the company, if material, and expects disclosures to evolve as companies provide updates to reflect transition efforts and the broader market and regulatory landscape.    

    Asset-backed securities.  Asset-backed securities are securities whose income payments come from a pool of specific debt obligations, such as mortgages, credit card obligations or car loans.  Mortgage-backed securities (MBSs) issued by Fannie Mae, Freddie Mac and Ginnie Mae are types of asset-backed securities.  New LIBOR-based securities are no longer being issued by these entities, except for certain re-securitizations, which will cease on June 30, 2023.  If you invest in asset-backed securities, then you may want to have a conversation with your broker or investment adviser about how the LIBOR transition may affect your specific holdings of asset-backed securities.  Fannie Mae and Freddie Mac have also prepared frequently asked questions relating to the LIBOR transition that you may want to review.   

    Mutual funds and ETFs.  Mutual funds and ETFs that you own may have invested in individual stocks, municipal bonds, corporate bonds, bank loans and/or securitizations that have risks related to the LIBOR transition.  You along with your broker or investment adviser may want to assess the nature and character of the mutual funds and ETFs you are invested in to determine how much exposure to LIBOR transition risk you have.  Certain types of a mutual funds or ETFs may merit closer review, particularly those investing in companies in the real estate, banking, or insurance industries or specific municipal and corporate bonds, including floating rate debt, and bank loans. 

    You can review a fund’s principal strategies and risk disclosure in its prospectus.  The SEC’s Division of Investment Management has encouraged funds affected by the LIBOR transition to provide investors with tailored risk disclosures that specifically describe the impact of the transition on their holdings.

    Adjustable rate mortgages.  Many adjustable rate mortgages—a mortgage where the interest rate adjusts to the then prevailing market rate after a period of time—are tied to LIBOR as the reference rate.  In 2016, there was an estimated $1.2 trillion in residential mortgages with an interest rate based on LIBOR. 

    If you have an adjustable rate mortgage based on LIBOR, consider consulting with your lender or loan servicer or read the documentation to understand how you may be affected by the LIBOR transition. Read this blog from the Consumer Financial Protection Bureau (CFPB) for more information. 

    Student loans.  Similar to adjustable rate mortgages, student loans can have variable rates based on LIBOR.  If you have a variable rate student loan, consult with your lender or loan servicer or read the documentation to understand how you may be affected by the LIBOR transition.  If you are planning on obtaining a new student loan or refinancing an existing one, consider the LIBOR transition in your decision making.

    Other consumer products.  Other consumer credit products such as credit cards, auto loans and personal loans and lines of credit can also have variable rates based on LIBOR.  You should review the financial products that you hold, particularly those that operate with a variable interest rate, in light of the LIBOR transition.

    Additional Resources

    To learn how the SEC is addressing the LIBOR transition, see the Staff Statement on LIBOR Transition, the Office of Municipal Securities Staff Statement on LIBOR Transition In The Municipal Securities Market, and the Staff Statement on LIBOR Transition—Key Considerations for Market Participants.

    To learn more about adjustable rate mortgages, see the CFPB’s Consumer Handbook on Adjustable Rate Mortgages (CHARM) booklet.

    For additional investor educational information, see the SEC’s website for individual investors, Investor.gov.

    Call OIEA at 1-800-732-0330, ask a question using this online form, or email us at Help@SEC.gov.

    Receive Investor Alerts and Bulletins from OIEA email or RSS feed.  Follow OIEA on Twitter.  Like OIEA on Facebook.

    MIL OSI USA News –

  • MIL-OSI USA: Duckworth, Ricketts, Bera, Wittman Launch Bipartisan, Bicameral Quad Caucus Ahead of Quad Leaders Summit

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    September 20, 2024
    [WASHINGTON, DC] – Today, U.S. Senator Tammy Duckworth (D-IL) and Pete Ricketts (R-NE)—members of the U.S. Senate Foreign Relations Committee— joined U.S. Representatives Ami Bera, M.D. (D-CA-06) and Rob Wittman (R-VA-01) in launching the bipartisan Senate and House Quad Caucuses. This announcement comes ahead of this weekend’s Quad Leaders Summit in Wilmington, Delaware, where President Biden will welcome heads of state from Australia, India and Japan. The Quad is committed to supporting the region’s development, stability and prosperity to advance a free and open Indo-Pacific. The leaders’ ambitious efforts include major initiatives on infrastructure, maritime security, public-private partnership, climate, health, critical and emerging technologies and space.
    “Over the years, the Quad has represented the United States’ steadfast commitment to the current and future prosperity, strength and stability of the Indo-Pacific region—and proof of our ability to come together with allies and partners to uphold our shared principles,” said Senator Duckworth. “In a strong display of bipartisan support for the region, I’m proud to help launch the Senate’s first-ever Quad Caucus alongside co-chair Senator Ricketts ahead of President Biden’s leaders’ summit this weekend. Together, we’re sending a strong message to our allies and partners—and our competitors—that the United States is here for the long haul.”
    “Partnerships like the Quad are our greatest strength in protecting a prosperous, free and open Indo-Pacific against coercion and malign aggression The launch of the bipartisan Senate Quad Caucus should send a clear signal about the growing importance of the United States, Australia, Japan, and India working closely together in the region. We are committed to finding tangible ways to bolster collaboration with our Quad partners,” said Senator Ricketts.
    “As the Indo-Pacific becomes increasingly important to global security and economic prosperity, it is essential that the United States continues to strengthen relationships with our Quad partners,” said Congressman Bera. “The launch of the Quad Caucus underscores our shared commitment to fostering peace, stability, and development in the region. By promoting collaboration on key issues like maritime security, infrastructure, and climate, we can ensure a safer and more prosperous future for all.”
    “Cooperation between the United States, Japan, India, and Australia is crucial for the future stability of the Indo-Pacific,” said Congressman Wittman. “The Quad’s support for the governance of emerging technologies, countering illegal fishing, and enhanced maritime domain awareness proves that we will build a better future for the region by working together. I am proud to join my colleagues to launch this bicameral, bipartisan Quad Caucus to foster stable collaboration for years to come.” 
    As a member of the Senate Foreign Relations Committee, Duckworth has been a leader in strengthening relationships with countries in the Indo-Pacific. In July, Duckworth led an official Senate visit to Laos and Vietnam to reinforce America’s commitment to our partners in ASEAN and strengthen U.S.-ASEAN economic ties. In May, Duckworth led a bipartisan delegation to Singapore to participate in this year’s International Institute for Strategic Studies’ Shangri-La Dialogue, where she and other Senators reaffirmed our nation’s strong bipartisan commitment to our partners and allies in the Indo-Pacific. Last year, Duckworth met with ASEAN leaders on an official Senate visit to Indonesia to reinforce U.S. partnership throughout the region and find opportunities to increase cooperation in areas of mutual interest, such as countering climate change, increasing energy security and ensuring regional stability and freedom of navigation.
    -30-

    MIL OSI USA News –

  • MIL-Evening Report: The power of nostalgia: why it’s healthy for you to keep returning to your favourite TV series

    Source: The Conversation (Au and NZ) – By Anjum Naweed, Professor of Human Factors, CQUniversity Australia

    Janet Julie Vanatko/Shutterstock

    How often do you find yourself hitting “play” on an old favourite, reliving the same TV episodes you’ve seen before – or even know by heart?

    I’m a chronic re-watcher. Episodes of sitcoms like Blackadder (1983–89), Brooklyn Nine-Nine (2013–21), Doc Martin (2004–22) and The Office US (2005–13) – a literal lifetime of TV favourites – are usually dependable in times of stress.

    But recently, ahead of an exceptionally challenging deadline, I found myself switching up my viewing. Instead of the escapist comedy I normally return to, I switched to Breaking Bad (2008–13), a nail-biting thriller with a complex reverse hero narrative – and immediately felt at ease.

    What do our re-viewing choices tell us about ourselves? And is it OK that we keep returning to old favourites?

    Fictional stories, real relationships

    Although one-sided, the relationships we form with characters in our favourite TV shows can feel very real. They can increase a sense of belonging, reduce loneliness – and keep pulling us back in.

    When we rewatch, we feel sadness, wistful joy and longing, all at the same time. We call the sum of these contradictions nostalgia.

    Originally coined in the 17th century to describe Swiss soldiers impaired by homesickness, psychologists now understand nostalgic reflection as a shield against anxiety and threat, promoting a sense of wellbeing.

    We all rely on fiction to transport us from our own lives and realities. Nostalgia viewing extends the experience, taking us somewhere we already know and love.

    Bingeing nostalgia

    The COVID-19 pandemic triggered a wave of nostalgia viewing.

    In the United States, audience analyst Nielsen found the most streamed show of 2020 was the American version of The Office, seven years after it ended its television run. A Radio Times survey found 64% of respondents said they had rewatched a TV series during lockdown, with 43% watching nostalgic shows.

    We were suddenly thrown into an unfamiliar situation and in a perpetual state of unease. We had more time on our hands, but also wanted to feel safe. Tuning into familiar content on television offered an escape – a sanctuary from the realities of futures unknown.

    Revisiting connections with TV characters gave us a sense of control. We knew what lay in their futures, and the calm and predictability of their arcs balanced the uncertainty in ours.

    Nostalgia as a plot point

    Nostalgia has been in the DNA of television since some of the earliest programming decisions.

    Every December, broadcasters scramble to screen one of the many versions of A Christmas Carol, Charles Dickens’ much-retold and family-friendly ghost story, which also features nostalgia as a plot device.

    First screened on live TV in New York City in 1944, on the still-new technology, the broadcast continued a 100-year-old tradition of the classic appearing on stage and cinema screens.

    Settling in around the telly for A Christmas Carol connects us to the holiday period and a heartwarming metamorphosis. Ebeneezer Scrooge revisits long-lost versions of himself and turns from villain to hero and our old friend in a single night.

    For viewers, revisiting this character at the same time every year can also reconnect us with our past selves and create a predictable pattern, even in the frenzy of the silly season.

    Real-world (re)connection

    The neuroscience of nostalgic experiences is clear. Nostalgia arises when current sensory data – like what you watch on TV – matches past emotions and experiences.

    It triggers a release of dopamine, a reward-system neurotransmitter involved in emotion and motivation. Encountering nostalgia is like autoloading and hitting play on past positive experiences, elevating desire and regulating mood.

    So, nostalgia draws on experiences encoded in memory. The TV shows we choose to rewatch reflect our values, our tastes, and the phases of life we have gone through.

    Perhaps this is a reason why reboots of our favourite shows sometimes fall flat, and ultimately set fans up for disappointment.

    I still remember the crushing disillusion I felt while watching the reboot of Knight Rider (2008–09). I immediately turned to social media to find a community around my nostalgic setback

    Stronger through stress

    Going back to my challenging deadline, what was it about the nostalgic experience of watching Breaking Bad that made it different?

    Breaking Bad evokes a particular phase in my life. I binged the first three seasons when writing up my PhD thesis. Walter White’s rise and fall journey towards redemption is enmeshed in the nostalgia of a difficult time I made it through.

    The predictability of Walter White’s arc on second viewing was an unlikely haven. It’s escalating high-stakes drama mirrored my rising stress, while connecting me to who I was when I first enjoyed the show.

    The result? “Dread mode” switched off – even as my anti-heroes marched again to their dire cinematic comeuppance. Reality, past and present, could be worse.

    Anjum Naweed 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. The power of nostalgia: why it’s healthy for you to keep returning to your favourite TV series – https://theconversation.com/the-power-of-nostalgia-why-its-healthy-for-you-to-keep-returning-to-your-favourite-tv-series-237753

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: In the rare event of a vaccine injury, Australians should be compensated

    Source: The Conversation (Au and NZ) – By Nicholas Wood, Professor, The Children’s Hospital at Westmead Clinical School, University of Sydney

    PeopleImages.com – Yuri A/Shutterstock

    Vaccination is one of the most effective methods to protect individuals and the broader public from disease. Vaccines are typically given to healthy people to prevent disease, so the bar for safety is set high.

    People benefit from vaccination at an individual level because they’re protected from disease. But for some vaccines, strong community uptake leads to “herd immunity”. This means people who are unable to be vaccinated can be protected by the “herd”.

    As with any prescribed medicine, vaccines can cause side effects. In the rare case that COVID vaccines did cause a specified serious injury (the scheme listed certain conditions that a person could claim for), Australians have been able to claim compensation. But this ends at the end of this month.

    From then, Australians won’t be able to access no-fault compensation for any vaccine injury – from COVID or any others.

    Why compensate people for vaccine injuries?

    Fortunately, serious vaccine injuries are rare. Most are not a result of error in vaccine design, manufacturing or delivery, but are a product of a small but inherent risk.

    As a result, people who suffer serious vaccine injuries cannot get compensation through legal mechanisms. This is because they can’t demonstrate the injury was caused through negligence.

    Vaccine injury compensation schemes compensate people who have a serious vaccine injury following administration of properly manufactured vaccines.

    The COVID vaccine claims scheme

    In 2021, in recognition of the rare risk of a serious vaccine injury, and in support of the roll out of the COVID vaccine program, the Australian government introduced a COVID vaccine claims scheme.

    The aim was to provide a simple, streamlined process to compensate people who suffered a moderate to severe vaccine injury, without the need for complex legal proceedings. It was limited to TGA-approved COVID vaccines, and to specific reactions.

    The Australian government has said the scheme will close this month and claims need to be lodged before September 30 2024.

    Following its closure, Australia will not have a vaccine injury compensation scheme.

    Australia is lagging internationally

    Australia lags behind 25 other countries including the United States, United Kingdom and New Zealand which have comprehensive no-fault vaccine injury compensation schemes. These cover both COVID and non-COVID vaccines.

    The schemes are based on the ethical principle of “reciprocal justice”. This acknowledges that people acting to benefit not just themselves but also the community (for the benefit of the “herd”) should be compensated by the same community if it has resulted in harm.

    The US, UK and New Zealand all have vaccine injury compensation schemes.
    Monkey Business Images/Shutterstock

    So what happens in Australia now?

    In Australia, people with non-COVID vaccine injuries or COVID vaccine injuries not covered by the current claims scheme must bear the costs associated with their injury by themselves or access publicly funded health care. They will not receive any compensation for their injury and suffering.

    Australia’s National Disability Insurance Scheme (NDIS) provides funding support to access therapies for people with a permanent and significant disability. However, it does not cover temporary vaccine-related injuries.

    Participants with vaccine injuries as a result of taking part in a clinical vaccine trial are compensated. This typically includes income-replacement, personal assistance expenses and reimbursement of expenses resulting from the incident, including medical expenses.

    In Australia, we also have strong compulsion for people to receive routine vaccines through legislative requirements such as No Jab No Pay (which requires children to be immunised to receive some government payments) and, in some states, No Jab No Play (which requires children be fully immunised to attend childcare).

    Countries such as ours that mandate vaccination without providing no-fault injury compensation schemes for rare vaccine injury could be abrogating the social contract by not protecting the individual and community.

    It’s time to set up an Australian scheme

    The Australian immunisation system is among the most comprehensive in the world. Our government-funded national immunisation program provides free vaccines for infants, children and adults for at least 15 diseases.

    We also have a whole-of-life immunisation register and comprehensive vaccine safety surveillance system.

    Australia’s immunisation program provides vaccines for at least 15 different diseases.
    sergey kolesnikov/Shutterstock

    A recent Senate committee recommended:

    the Australian government consider the design and compensation arrangements of a no-fault compensation scheme for Commonwealth-funded vaccines in response to a future pandemic event.

    Vaccines are designed to be very safe and effective. But the “insurance policy” of an injury compensation scheme, if designed and communicated appropriately, should build trust and give confidence to health workers and the general public to support our national vaccine program. This is particularly important given the reductions in uptake of routine vaccines.

    How should it work?

    A no-fault vaccine injury compensation scheme could be funded via a vaccine levy system, as is done in the US, where an excise tax is imposed on each dose of vaccine.

    An effective vaccine injury compensation scheme needs to be:

    • accessible, with low legal and financial barriers
    • transparent, with clear decision-making processes, compensation frameworks and funding responsibilities
    • timely, with short, clear timeframes for decision-making
    • fair, with people compensated adequately for the harm they’ve suffered.

    Legislation to introduce and allocate funds to support an Australian injury compensation scheme for all vaccines is overdue. The draft National Immunisation Strategy 2025–2030 hinted at the opportunity to explore the feasibility of a no fault compensation scheme for all vaccines the Australian government funds, without committing to such a program.

    An Australian vaccine injury scheme, covering all national immunisation program vaccines, not just pandemic use vaccines, should be seen as a crucial component of our public health system and a social responsibility commitment to all Australians.

    Nicholas Wood previously received funding from the NHMRC for a Career Development Fellowship and is a Churchill Fellow.

    Sophie Wen receives funding from Queensland Government for an Advancing Clinical Research Fellowship and is a Mary McConnel career boost program recipient from Children’s Hospital Foundation. Sophie Wen is an investigator for several industry-sponsored clinical vaccine trials but does not receive any direct funding.

    Tim Ford 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. In the rare event of a vaccine injury, Australians should be compensated – https://theconversation.com/in-the-rare-event-of-a-vaccine-injury-australians-should-be-compensated-232396

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Politicians know defamation laws can silence women, but they won’t do anything about it

    Source: The Conversation (Au and NZ) – By Sarah Ailwood, Senior Lecturer, School of Law, University of Wollongong

    Shutterstock

    This piece is the second in a series on Australia’s defamation laws. You can read the first article here.

    Over recent years, forces like the #MeToo movement have shone a light on how Australia’s defamation laws play out for women. These laws influence whether and how women speak about their experiences of violence and harassment.

    Multiple high-profile cases have highlighted the gender dynamics at play. Both Geoffrey Rush’s successful defamation claim against the Daily Telegraph in 2018 and Bruce Lehrmann’s ongoing litigation against Network Ten and Lisa Wilkinson attracted much media attention. This included commentary about how defamation can silence women.

    But these laws don’t only affect women speaking out publicly and through the media. They also affect women seeking to report sexual violence to the police and sexual harassment in the workplace.

    Defamation law is weaponised against women in a variety of settings across the country. Our politicians have acknowledged this, but there’s been little appetite for fixing it.

    The difficulty of truth

    To bring a defamation claim under Australian law, a plaintiff must prove a number of things. But one thing the plaintiff does not have to prove is that the publication is false.

    Many defendants rely on the “truth defence”, which requires them to prove the substantial truth of the publication. If it’s successful, that wins them the case.

    But with allegations of sexual violence, establishing the truth is notoriously difficult. That’s even with a lower standard of proof (the balance of probabilities) than in criminal courts (beyond reasonable doubt).

    Look no further than in Lehrmann’s case against Ten. The quality and quantity of the evidence brought by the defence, including extensive audio-visual recordings and the testimony of multiple third parties, shows what’s needed to meet this very high standard.

    This means it is relatively easy for an alleged perpetrator to bring a defamation claim against a person who reports sexual violence or harassment, and relatively difficult for a victim-survivor to defend the claim.

    Discouraging coming forward

    The weaponisation of defamation law by perpetrators against women reporting sexual violence and harassment is well documented.

    In the Respect@Work Report, the Australian Human Rights Commission heard evidence that women reporting workplace sexual harassment were being threatened with and sued for defamation. The report found Australia’s defamation laws “discourage sexual harassment victims from making a complaint”.

    Recent research has revealed that threatening or commencing defamation proceedings is a widely used tactic by alleged perpetrators to silence victim-survivors and pressure them to withdraw complaints.



    Read more:
    Non-disclosure agreements are commonplace in sexual harassment cases, but they’re being misused to silence people

    The destructive effects of defamation litigation for victim-survivors are evident in a 2022 Queensland case called Sherman vs Lamb.

    A victim-survivor of coercive control in a relationship that had recently ended reported the violence to a police officer. She was then successfully sued for defamation by the perpetrator at trial.

    The judge also found the victim-survivor’s report was malicious. He found “police have no interest in or a duty to receive gossip or adverse commentary”.

    Both of these findings were overturned on appeal, but by then, the costs of the defamation litigation had forced the victim-survivor to declare bankruptcy.

    Reluctance to change

    The impact of perpetrators weaponising defamation law is both individual and structural.

    On an individual level, it targets victim-survivors reporting and complaining of sexual harassment and violence.

    Structurally, it contributes to a culture of fear of speaking out, contributing to the ongoing silencing of violence against women.

    Yet the Standing Council of Attorneys-General (the federal attorney-general and those from every state and territory) has chosen not to act to protect women reporting sexual violence and harassment from defamation claims in the workplace.

    The council did agree that absolute privilege should be extended to reporting to police. Absolute privilege means a person can’t be help liable for defamation, like in parliament.

    So far, attorneys-general in Victoria, New South Wales and the ACT have brought in legal protections for women reporting violence to police. That’s a good thing, though other state and territories are yet to follow.

    But it obscures the group’s refusal to extend those protections to the workplace, where much of this abuse occurs.

    In its review of defamation laws, the council considered how these laws affect workplace sexual harassment. In particular, it considered whether absolute privilege should apply to sexual harassment and violence in particular contexts, like work.

    The council found victim-survivors and witnesses of sexual violence, sexual harassment and other forms of unlawful personal conduct are being threatened with and sued for defamation. It found this causes victim-survivors to withdraw reports and complaints, and that it deters them from making reports and complaints in the first place.

    A key advantage of extending absolute privilege is that many defamation claim would likely be summarily dismissed without the need for a costly and lengthy trial, which is usually required. This would likely reduce the weaponisation of defamation law by perpetrators.

    The council decided not to do this in workplaces. It blamed a division of stakeholder opinion within the consultation process. It also said there weren’t enough protections for alleged perpetrators, like penalties for false reporting.

    Reinforcing myths

    The rationale appears to be that employers implementing Respect@Work and eliminating sexual harassment from their workplaces will also eliminate the need to report it, in turn removing the threat presented by defamation law.

    But the council’s decision also reinforces how important the idea of reputation is within Australian defamation law.

    Protecting the reputation of alleged perpetrators of violence is of greater value to Australia’s attorneys-general than protecting the speech of victim-survivors of sexual violence and harassment.

    It also reinforces myths about workplace sexual harassment: that men are at significant risk from women making false reports, and that sexual harassment is an individual, interpersonal problem rather than a structural issue that should be addressed by law reform.

    Australian women remain at risk of being threatened with or sued for defamation for reporting sexual harassment and violence in the workplace.

    This is yet another instance of a law reform process failing to listen and act in response to violence against women. Our chief legal officers have acknowledged the weaponisation of defamation law to silence women in the workplace and refused to do anything to prevent it.

    Sarah Ailwood 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. Politicians know defamation laws can silence women, but they won’t do anything about it – https://theconversation.com/politicians-know-defamation-laws-can-silence-women-but-they-wont-do-anything-about-it-238079

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Protect Your Thrift Savings Plan (TSP) Account From Fraud — Investor Alert

    Source: Securities and Exchange Commission

    The SEC’s Office of Investor Education and Advocacy (OIEA) and Division of Enforcement Retail Strategy Task Force are providing tips for investors in the Thrift Savings Plan to help protect against fraud.

    Most federal government employees, including military service members, are eligible to participate in The Thrift Savings Plan (TSP), a federal government-sponsored retirement savings and investment plan.  The TSP offers the same type of savings and tax benefits that many private corporations offer their employees under 401(k) plans.  The TSP website (TSP.gov) explains the benefits available to TSP participants.  

    If you have a TSP account, you should be aware of fraudulent schemes aimed at TSP investors. 

    Here are a few ways you can protect your account.

    Be cautious if someone you do not know contacts you and tries to convince you to transfer money out of your TSP account.

    Fraudsters may use scare tactics to convince TSP investors to transfer money out of their TSP accounts and into other accounts controlled by the fraudsters.  In some cases, they may direct investors to transfer money from their TSP accounts into self-directed individual retirement accounts.  To learn more about risks of investing through self-directed IRAs — including fraudulent schemes — read this Investor Alert.

    SEC enforcement action.  In SEC v. Red Rock Secured, LLC et al., the SEC charged defendants for engaging in a fraudulent scheme through which they allegedly persuaded hundreds of TSP and other retirement plan investors to sell their existing securities, to transfer the proceeds into a self-directed IRA (SDIRA) account that the defendants helped to establish, and to invest the proceeds in gold or silver coins sold by the defendants.  According to the SEC’s complaint, investors who held securities in retirement accounts such as TSPs, 401(k)s and IRAs were targeted through numerous email campaigns, digital newsletters and advertisements.  The SEC alleges that investors were provided with false and misleading information, including regarding the markups charged on the coins sold, the value of the coins sold, and stock market performance.  As alleged in the SEC’s complaint, most of the proceeds that investors transferred to SDIRAs to purchase “premium” coins went to pay markups, which significantly depleted the investors’ retirement assets.

    Be suspicious if someone offering you an investment claims to be affiliated with the government, the TSP, or government retirement plans.

    The TSP will not contact federal employees about investment opportunities and does not authorize third parties to provide counseling or investment-related services to anyone.  You can confirm whether a seller is affiliated with a government agency by contacting the agency directly or calling the SEC’s toll-free investor assistance line at (800) 732-0330.  To learn more about fraudsters targeting TSP investors while pretending to be affiliated with the federal government, read this Investor Alert. 

    Protect your TSP account (and personal information) from being compromised.

    The TSP website describes the following three steps as well as other ways you can protect money you’ve invested in your TSP account from fraud:

    1. Make sure the contact information and mailing address on your account are correct.
    2. Protect your username, password, and ThriftLine PIN.
    3. Consider using the account lock feature for extra protection.

    If you believe someone else has your My Account login information, you’ve experienced identity theft, or you receive any message about suspicious activity on your TSP account, contact the ThriftLine Service Center immediately.

    If you suspect securities fraud in connection with your TSP investments, you can report it to the SEC using the SEC’s online TCR system.

    Additional Resources

    Investor Alert: Fraudsters May Target Federal Government Employee Retirement Plan Participants

    Investor Alert: Self-Directed IRAs and the Risk of Fraud

    Military webpage on Investor.gov

    Report possible securities fraud to the SEC online at www.sec.gov/tcr.

    Protect your hard earned money – learn more tips on investing wisely and avoiding fraud at Investor.gov.

    Call the SEC’s Office of Investor Education and Advocacy (OIEA) at 1-800-732-0330, ask a question using this online form, or email OIEA at Help@SEC.gov.  Receive Investor Alerts and Bulletins by email or RSS feed.

    Follow OIEA on Twitter @SEC_Investor_Ed. Like OIEA on Facebook at facebook.com/secinvestoreducation.

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  • MIL-OSI USA: Investor Bulletin: SIPC Protection (Part 2: Filing a SIPC Claim)

    Source: Securities and Exchange Commission

    The SEC’s Office of Investor Education and Advocacy and the Securities Investor Protection Corporation (SIPC) are issuing two Investor Bulletins to help educate investors about SIPC protection for brokerage accounts. The first Investor Bulletin (“SIPC Basics”) will provide investors with an overview of how SIPC protection works and what it protects, and the second Investor Bulletin (“Filing a SIPC claim”) will provide investors with an overview for how to file a SIPC claim.

    If you have an investment account at a SIPC member brokerage firm that closes due to bankruptcy or other financial difficulties, here are some steps to take and issues to consider if you need to file a claim for SIPC protection.

    IMPORTANT: THE CLOSURE OF A SIPC-MEMBER BROKERAGE FIRM MAY NOT REQUIRE A PROTECTION PROCEEDING OR THE FILING OF A CLAIM FOR SIPC PROTECTION.  A CLOSED SIPC MEMBER MAY BE ABLE TO TRANSFER ITS CUSTOMER ACCOUNTS TO ANOTHER SIPC-MEMBER BROKERAGE FIRM WITHOUT THE NEED FOR SIPC’S INTERVENTION.  THE APPROPRIATE REGULATORS WILL MONITOR THESE CLOSURES, AND IF SIPC INITIATES A PROTECTION PROCEEDING TO LIQUIDATE A BROKERAGE FIRM, ITS CUSTOMERS WILL BE NOTIFIED OF THE CLAIMS PROCESS.

    Once I have a securities account with a SIPC member, how does SIPC protection work?

    SIPC initiates a customer protection proceeding

    SIPC protection applies only when a brokerage firm is unable to meet its obligations to customers and has been placed in liquidation under the Securities Investor Protection Act of 1970 (SIPA).  SIPC relies upon regulators such as the SEC or the Financial Industry Regulatory Authority (FINRA) to notify SIPC when customers need its protection.

    When SIPC determines that a brokerage firm (1) has failed or is danger of failing to meet its obligations to customers and (2) meets a specified condition such as insolvency or an inability to meet certain financial responsibility guidelines, SIPC will ask a court to place the brokerage firm into liquidation under SIPA for the protection of its customers and appoint a trustee to oversee the liquidation of its brokerage business.  This date usually is considered the “filing date,” which will be used to value the securities in customer accounts.

    Importantly, SIPC also pays the administrative costs of the liquidation, including attorneys’ fees, if the brokerage firm is insolvent.  This means that even if the brokerage firm lacks funds to pay the costs of the liquidation, the trustee can still process claims, distribute customer property, and recover stolen or fraudulently transferred customer property.

    You must file a claim in the liquidation

    The trustee’s primary goal in the liquidation is the prompt return of customer property to customers.  You will be notified of the liquidation and mailed a claim form, and you must file a timely claim with the trustee.  On the claim form, you should describe, as of the filing date, the cash and securities that are owed to you by the brokerage firm and the cash and securities that you owe to the brokerage firm.

    Customer claims are given two deadlines, each calculated from the date of notice of the commencement of the liquidation is published: If you file a claim within the first deadline (set by the court, usually either 30 or 60 days) and request that the trustee return securities custodied with the broker, the trustee must return the securities unless they are unavailable and cannot be purchased in a fair and orderly market. If you file after the first deadline but within a six-month deadline set under SIPA, the trustee has the option of delivering securities or paying the cash value of the securities as of the filing date, depending upon which is more economical.  Claims filed after the six-month deadline will be denied as untimely, and the customer property is forfeited.  Except for very narrow exceptions inapplicable to most customers, this deadline cannot be extended.

    As the customer, you must establish the validity of your claim and your entitlement to assets.  If possible, you should provide any documents that support your claim, including copies of account statements, trade confirmations, and any relevant correspondence with the brokerage firm.  If needed, the trustee may ask you for more information. The trustee will also have access to the brokerage firm’s books and records and in most cases will be able to use those records to determine what you are owed.

    You may also make a claim for unauthorized trading to recover the property which was the subject of the unauthorized trade.  You must support your claim with evidence that the trade was unauthorized, typically in the form of a timely written complaint to your brokerage firm.  Otherwise, you could be deemed to have accepted the trade.

    The trustee satisfies claims

    Brokerage firms, under regulation by the SEC and FINRA, are required to segregate customer property from the brokerage firm’s business. This means that if a brokerage firm fails, all customer property should be intact, separate from the failed business.  If possible, the trustee in a SIPA liquidation will attempt to bulk transfer customer accounts to a new brokerage firm, and you could have access to your account as quickly as within a week.  While this can be accomplished without you filing a claim, you should still do so in case the transfer does not make your account whole.

    The trustee pools the available customer property custodied with the brokerage,  excluding customer name securities, and distributes it to customers with valid claims on a prorated basis.  Securities are valued as of the filing date.  The trustee may also bring legal actions to recover stolen or fraudulently transferred customer property, for further distribution to customers.  Customer name securities are treated separately and are delivered to the customer in whose name they are registered – i.e., not on a prorated basis – provided that the customer is not indebted to the member.

    • To illustrate, suppose you have a valid claim for shares of Company ABC registered in your name worth $300,000, plus $1,000,000 in securities registered in “street” name.  The trustee recovers 75% of the customer property the brokerage firm owes its customers.  The trustee will deliver to you the shares of Company ABC, assuming the shares are in the broker’s custody, plus $750,000 of customer property, either as securities or cash in lieu of securities, depending on the availability of securities and when you filed your claim.  The shortfall of $250,000 will be satisfied by a SIPC advance.

    SIPC may advance up to $500,000 per customer (including a $250,000 limit on cash in the account) for customer protection.  The benefit of this advance is two-fold.  First, the trustee can use it to accelerate the satisfaction of claims while the trustee gathers and recovers customer property.  Second, if the trustee’s prorated distribution of customer property does not fully satisfy your claim, the advance can be used to restore missing property and cover any shortfall.  To illustrate these limits:

    • Customer A has a valid claim for $400,000 in securities and $200,000 in cash.  SIPC will advance $500,000 for this customer’s protection.  The remaining $100,000 may be distributed as part of Customer A’s prorated share of customer property.
    • Customer B has a valid claim for $200,000 in securities and $400,000 in cash.  SIPC can only advance $450,000 for this customer’s protection: $200,000 for securities and the limit of $250,000 for cash.  The remaining $150,000 may be distributed as part of Customer B’s prorated share of customer property.

    If your customer claim is not fully satisfied by the trustee’s prorated distribution of customer property plus the SIPC advance of up to $500,000, then you will become a general creditor.  The unsatisfied portion of your customer claim becomes an unsecured creditor claim against the general estate (i.e., the unsecured business assets, excluding customer property) of the brokerage firm in liquidation.

    What About Excess SIPC Coverage?

    SIPC’s protection is provided under federal law, and it does not offer any way to purchase additional protection.  Brokerage firms, however, may have insurance policies called “excess SIPC coverage” which apply once SIPC protection is exhausted and may partially cover remaining losses.  Excess SIPC coverage is offered by private insurance carriers to brokerage firms and may operate differently than the protections available under SIPA.  SIPC does not maintain information about excess SIPC coverage or monitor or regulate such offerings.  Questions about excess SIPC coverage should be directed to your brokerage firm.

    Additional Resources

    Investor Bulletin: SIPC Protection (Part 1: SIPC Basics) (https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins-101)

    SIPC Brochure: How SIPC Protects You (https://www.sipc.org/media/brochures/HowSIPCProtectsYou-English-Web.pdf)

    SIPC Brochure: The Investor’s Guide to Brokerage Firm Liquidations (https://www.sipc.org/media/brochures/Liquidations-Web.pdf)

    Investor.gov Glossary: Securities Investor Protection Corporation (https://www.investor.gov/introduction-investing/investing-basics/glossary/securities-investor-protection-corporation-sipc)

    FINRA Investor Alert: If a Brokerage Firm Closes Its Doors (https://www.finra.org/investors/insights/if-brokerage-firm-closes-its-doors)

    FINRA: Your Rights Under SIPC Protection (https://www.finra.org/investors/need-help/your-rights-under-sipc-protection)

    FDIC: Understanding Deposit Insurance (https://www.fdic.gov/resources/deposit-insurance/understanding-deposit-insurance/index.html)

    For more information regarding SIPC, please visit SIPC’s website (www.sipc.org).  If you have any questions regarding SIPC and the protection that it provides, you can email SIPC at asksipc@sipc.org.

    Visit the SEC’s website for individual investors, Investor.gov.

    Call OIEA at 1-800-732-0330, ask a question using this online form, or email us at Help@SEC.gov.

    Receive Investor Alerts and Bulletins from OIEA by email or RSS feed. Follow OIEA on Twitter. Like OIEA on Facebook.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Ministry of Parliamentary Affairs Organises Cleanliness and Plantation Drive Under Swachhata Hi Seva Campaign-2024

    Source: Government of India

    Posted On: 23 SEP 2024 8:28PM by PIB Delhi

    Ministry of Parliamentary Affairs organised the Mass Cleanliness Drive Program today with Shramdaan for Swachhata under Swachhata Hi Seva (SHS) Jan Andolan to achieve the objective of clean India. Nationwide “Swachhta Hi Seva Abhiyan 2024”is being observed from September 14th, 2024, to October 1st, 2024 on the theme of Swabhav Swachhata – Sanskar Swachhata. The Swachhta Hi Seva Abhiyan 2024 aims to create greater awareness about the importance of cleanliness and environmental stewardship, with tree plantation being a key activity. This initiative is a part of the government’s efforts to promote a clean and green India under the Swachh Bharat Mission, to commemorate the 10th Anniversary of its launch in 2014 by  Prime Minister on 2nd October (Gandhi Jayanti).

     

    Shri Umang Narula, Secretary and Dr. Satya Prakash, Additional Secretary, Ministry of Parliamentary Affairs led the Mass Cleanliness Drive at and around Kerala Education Society Sr. Sec. School, R. K. Puram, New Delhi. Officers and members of Ministry of Parliamentary Affairs along with School children took part in the Shramdaan for the cause of Swachhata.

    A Cleanliness drive was undertaken for about three hours in the school besides its park and on the road in front. It was magnificent group of enthusiastic citizens including small school going children who were full of resolve to ensure cleanliness and make Garbage Free Bharat a reality. Secretary, Ministry of Parliamentary Affairs thanked all the participants who contributed to a much-cherished dream of implementing Swachhata across the country.

     

    In line with the campaign, a tree plantation drive was conducted under Ek Ped Maa Ke Naam Abhiyan, led by Shri Umang Narula, Secretary and Dr. Satya Prakash, Addl. Secretary, MoPA in Kerala Education Society Sr. Sec. School. The tree plantation symbolizes the Ministry’s commitment to environmental conservation besides its protection and the promotion of a cleaner and greener India.

    This event underscores the Ministry’s ongoing efforts to uphold the values of cleanliness and environmental responsibility as part of its larger mission to serve the public good. “Trees play an important role in keeping our environment clean. By providing clean air, they make us healthy.

     

    To imbibe the spirit of Swachhata amongst students, an Essay writing competition was also held in the same school on the theme of SHS 2024 “Swabhaav Swachhata, Sanskar Swachhata”wherein around 120 students from different classes participated.

     

    To encourage students, Secretary, MoPA awarded best three students of Essay competition with Cash prize and certificates for their performance in Essay writing competition.

     

    On the eve of Mass Cleanliness Drive, the Secretary, MoPA, underscored the significance of this campaign encouraging students of Kerala Education Society Sr. Sec. School and officials from MoPA to actively engage in promoting cleanliness and hygiene. Highlighting Mahatma Gandhi’s vision and  Prime Minister’s mission, Secretary emphasised the need for collective efforts to make cleanliness a regular practice, aiming to create a cleaner and healthier environment for students and communities.

    The Chairman of Kerala Education Society, Shri K. P. Menon informed that they have a very active Eco Club in their School consisting of hardworking and dedicated students with a most progressive mindset to keep their surroundings green and clean. He also thanked Secretary and Addl. Secretary of MoPA for choosing their School for Swachhata Hi Seva Campaign – 2024 .

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    SS/KC

    (Release ID: 2058035) Visitor Counter : 46

    MIL OSI Asia Pacific News –