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Category: Europe

  • MIL-OSI United Kingdom: Discover stories from ‘The Saff’ at Leicester Museum

    Source: City of Leicester

    A NEW exhibition at Leicester Museum & Art Gallery will tell the story of the city’s Saffron Lane in the words of the people who live and work in the area.

    Opening on Saturday (22 March), Popping to the Shops: Saffron Lane looks at the development of the Saffron Lane estate in the 1920s, the working men’s clubs that provided entertainment for the new community, and the enterprising locals who converted their front rooms into mini convenience stores and hair salons, before purpose-built shops arrived in the area.

    Oral histories, recorded with past tenants, capture residents’ first impressions of their new homes on the estate – which welcomed its first residents in 1925 and was the first large-scale housing development to be built in Leicester after the First World War.

    One tenant, who moved into her new home on ‘The Saff’ in the 1930s, likened it to ‘paradise’, having running water, a bath and a separate bedroom for the children. Visitors to the exhibition will be able to see how she may have decorated her brand new home, thanks to a display of early 20th century furniture and household items from the museum’s collection.

    Another resident, who moved to The Fairway in 1926, remembers the downside of moving onto a brand new estate, with churned-up mud surrounding the houses until the road was constructed, and the Midland Red bus stop a long walk away at the top of Saffron Lane.  

    There were very few local amenities on the estate when the first residents moved in, but oral histories featured in the exhibition recall the milkman who would come from Countesthorpe, the dairy that sold milk on Cyprus Road, the mobile greengrocer with an open-backed van, the baker with his basket of hot cross buns, and Tommy Newby’s, the grocer, where the boxes were piled high and the cat sat on the bacon slicer!

    Tommy Newby’s may be long gone, but the Saffron Lane businesses that serve the community today are at the heart of the new exhibition.

    These include a locksmith at number 575 that’s been trading in Leicester since 1717 and on Saffron Lane since 1990, an optician at number 441 where the mannequins in the attic provided a clue to the building’s previous incarnation as a haberdashery, and a copy shop at 196B that started life selling furniture, until demand for its photocopying and printing services changed the focus of the business completely.

    In total, eight current Saffron Lane businesses feature in the exhibition, with each of them generously giving up their time to be photographed by exhibition photographer Leila Houston and supporting the project by sharing their stories.

    Assistant city mayor Cllr Vi Dempster said: “This brilliant new exhibition shines a light on the people and businesses that help to give Saffron Lane its strong sense of identity and community.

    “It’s 100 years this year since the first residents moved onto the Saffron Lane estate, giving us the perfect opportunity to listen to their stories and look back at the estate’s history, while meeting some of the people who live and work in the area today.

    “I’m very grateful to everyone who has donated items to the exhibition and given their support to this project. Thanks to their generosity, our museum staff have been able to bring the story of ‘The Saff’ to life in an exhibition that I’m sure will be popular with visitors.”

    Popping to the Shops: Saffron Lane opens at Leicester Museum & Art Gallery on Saturday (22 March) and runs until 31 August. Admission is free.

    Much of the historical information in the exhibition has been drawn from ‘The Story of the Saff’, edited by local historian Cynthia Brown, published in 1998 and featuring the memories of the Saffron Past & Present Group.

    The new exhibition follows on from the success of Popping to the Shops: Narborough Road, which launched in January 2024 and is currently on display at Newarke Houses Museum until 27 April. 

    Both exhibitions are supported using public funding from Arts Council England

    Popping to the Shops: Saffron Lane is dedicated to the memory of Philip French, the museum’s former social history curator, who died in November 2024.

    Picture caption: Shops on Saffron Lane in 1980

    Note to editors:

    The eight Saffron Lane businesses that have given their support to the project and are featured in Popping to the Shops are:

    • Fix My Bike (FMB), 210 Saffron Lane
    • Bettinson Ltd Kitchen Design, 212 Saffron Lane
    • The Bread Basket, 581 Saffron Lane
    • Morgan’s Locksmith, 575 Saffron Lane
    • Saffron Eyecare, 441 Saffron Lane
    • Brush & Blade Barbers, 447 Saffron Lane
    • TFG Copyprint, 196B Saffron Lane
    • Millennium Fish Bar, 553 Saffron Lane

     

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: Homes in the district to benefit from £8m energy efficiency boost

    Source: City of Canterbury

    Home  »  Latest News   »   Homes in the district to benefit from £8m energy efficiency boost

    The energy efficiency of hundreds of council homes will be dramatically boosted after Canterbury City Council was awarded £6.6m through the government’s Warm Homes: Social Housing Fund – the biggest payout in Kent.

    The money will add to the £11.25m the council has put aside in its Housing Revenue Account capital budget over the next three years.

    The money will be used to insulate homes and install high-performance windows and doors to keep in the heat and to replace or upgrade heating systems.

    The measures chosen in each property included in the project will be individually-tailored based on assessments which are already underway.

    Welcoming the cash from the Department for Energy Security and Net Zero (DESNEZ), Cllr Pip Hazelton, Cabinet Member for Housing, said: “This huge investment in our council homes will add immeasurably to the quality of life for those people living there.

    “With much less energy wasted, their homes will be warmer and, importantly, their gas and electricity bills will fall meaning they have more money in their pockets.”

    Now the size of the grant has been confirmed by the government, officers are working on a detailed plan for delivering the work.

    On top of this money, the council was also awarded £1.5m as part of the government’s Warm Homes: Local Grant scheme.

    This pot of money is aimed at people on low incomes in privately owned or rented homes whose Energy Performance Certificate is between D and G.

    It could pay for insulation, solar panels or even air source heat pumps.

    Cabinet Member for Environment and Climate Change, Cllr Mel Dawkins, said: “More than £8m in government money dedicated to making people’s homes more energy efficient, less carbon hungry and cheaper to run has to be embraced.

    “It represents a significant step on our journey to creating a net zero district for everyone.

    “But this is where the hard work begins – our plans added to the money received now needs to turn into action on the ground.”

    Arrangements are currently being put in place to administer the Warm Homes: Local Grants scheme and the council will publicise the fact applications are open.

    Published: 20 March 2025

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: Kabaddi World Cup comes to Coventry for the first time

    Source: City of Coventry

    Coventry welcomed the world’s best kabaddi players and thousands of passionate fans as the sport’s biggest tournament was held in the UK for the first time.

    Coventry Building Society Arena in partnership with Coventry City Council hosted more than 1,000 fans and 150 athletes for a full-day of exciting and fast-paced action in the Kabaddi World Cup on Wednesday, March 19.

    The tournament is taking place across the West Midlands from March 17 to 23. It’s the first time the championships have been hosted outside Asia.

    It is the latest in a line of international sporting events to be held in the city and at its premier venue for live sport, Coventry Building Society Arena.

    Five group matches were played in Coventry, including three men’s matches, highlighted by host nation England’s clash against the USA.

    England’s men ran out comfortable winners against the US to make it three wins from three in Group A while India cruised past Hong Kong to leave themselves in a healthy position in Group B.

    The day also saw two women’s games held with England edging past Hong Kong in Group E and India thrashing Poland by 104 points to 15 in a one-sided Group D affair.

    The tournament was held in the Commonwealth Convention Centre at Coventry Building Society Arena, with the halls transformed into an elite arena for kabbadi.

    Across the day, the venue hosted a range of cultural and arts activities for young people to enjoy, including a dance workshop and t-shirt design session.

    A free schools festival took place at Coventry Building Society Arena the day before action got underway in the world cup, with the event including a tournament for teams from 14 Coventry schools, cultural activities and performances from local groups.

    The activity was supported by Sky Blues in the Community and United by 2022.

    Cllr Kamran Caan, Cabinet Member for Public Health and Sport at Coventry City Council, said: “It’s been fantastic to see the Kabaddi World Cup at Coventry Building Society Arena – it’s such a vibrant and exciting event that’s dominated the West Midlands over recent days.

    “Coventry is known for hosting major sporting events, and this is yet another example of how we continue to attract global competitions that showcase our city on the international stage.

    “Events like this not only provide fantastic entertainment and boost the local economy, but they give us the opportunity to engage with the community through sport by hosting workshops and tournaments with our partners in the city.”

    Paul Michael, Managing Director at Coventry Building Society Arena, said it was a great opportunity to welcome new audiences to the venue and to again provide the backdrop for elite international sport.

    “We were incredibly proud to be a host venue for the Kabaddi World Cup and it truly demonstrated how as a city we are able to engage local communities in events,” he said.

    “Hosting this event was about much more than just international sport, it was about celebrating diversity and bringing communities together. The community day and match day demonstrated this, with hundreds of young people coming out across the two days to enjoy the sport of kabaddi.

    “We opened up a number of spaces to accommodate the thousands of people joining us across the two days, with our Convention Centre hosting the action itself and areas on the upper levels of the venue transforming into spaces for community activities.

    “The Kabaddi World Cup highlighted yet again why Coventry is a great destination for international sport events, not only in hosting the sport itself but ensuring that it has a lasting legacy in the community.”

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI Economics: Aleš Michl receives the award for the world’s best governor – the first in the history of the Czech Republic

    Source: Czech National Bank

    The prestigious international award for the world’s best governor goes to the Czech Republic for the first time in its history. It was awarded to Aleš Michl, Governor of the Czech National Bank. The international jury highlighted his extraordinary determination to reduce inflation and protect the value of money in the Czech Republic, thanks to which the CNB was one of the first central banks to return inflation to the 2% target. The jury also praised his forward-thinking and innovative approach to the issues that are currently shaping the financial world. The Governor of the Year award is presented as part of the international Central Banking Awards 2025, organised under the auspices of the renowned Central Banking magazine.

    The international jury recognised the successful strategy of CNB Governor Aleš Michl and the Bank Board under his leadership in setting monetary policy during a period of high inflation, a strategy that had previously been criticised by some media outlets and experts. In 2022, the Bank Board decided not to follow the recommendation of the CNB’s analytical model, which suggested raising the key interest rate to as high as 11% before cutting it sharply. Instead, the Bank Board repeatedly stated that its strategy was to keep interest rates at a sufficiently restrictive 7% for longer, while also emphasising a strong koruna, which reached record highs against the euro. All this was accompanied by consistent and open communication with the markets and the public.

    Thanks to this approach, inflation dropped from 17.5% in July 2022 to exactly 2% – the CNB’s inflation target, which was hit in February, March and June 2024. This was achieved even sooner than the two-year time frame Aleš Michl had promised upon his appointment as Governor. Headline inflation for 2024 stood at 2.4%, the lowest level since 2018, remaining within the CNB’s tolerance band throughout the year.

    “At a time of historic inflation, the Czech National Bank came together as one, committed to the very values we asked of society: slowing excessive money growth through discipline and savings. It was my honour and responsibility to lead this effort alongside the entire Bank Board. True leadership means making decisions today that honour the trust, hard work and savings of the people tomorrow,” says Governor Aleš Michl.

    The international jury also highlighted efforts to bolster returns on the CNB’s international reserves and reduce the volatility of its profit/loss by changing the composition of the international reserve portfolio and purchasing gold. The CNB is now halfway towards the gold holdings target set by Aleš Michl. In 1993, it held 60.7 tonnes of gold. By 2019, it had 8 tonnes, the lowest in its history. The gold had been sold off. By the end of 2024, the CNB had 51.2 tonnes in its vaults. The goal is to have 100 tonnes of gold in the international reserves by 2028 – and to keep this treasure for future generations.

    The judges also praised the successful cost savings made by the central bank with Aleš Michl at the helm – the CNB underwent the first comprehensive streamlining of its operations in ten years. The number of positions was cut by 5% compared to 2022. The number of managers reporting directly to the Bank Board was reduced from 17 to 14. During 2023 and 2024, the Board completely reviewed all work areas and processes to reduce bureaucracy in the CNB’s dealings with the market and internally.

    The new Bank Board inherited a cumulative loss of CZK 487 billion from its predecessor at the end of 2022. The Bank’s assets at the time had a low expected return, while its liabilities were paying high interest. In recent years, the Bank Board has therefore focused on bolstering the expected return on assets while diversifying the international reserve portfolio. Profits made in 2023 and 2024 have reduced the cumulative loss substantially.

    The jury assessed Governor Ales Michl’s support for the instant payment system as an innovative approach. Thanks to the active role of the CNB, 90% of banks on the Czech market have joined this system. Their clients can send and receive payments in real time, in a matter of seconds. This step has greatly increased the competitiveness and efficiency of the Czech financial market and confirmed the CNB as an innovative leader in the modernisation of the country’s financial infrastructure.

    Last but not least, the jury hailed the CNB’s actions in resolving the insolvency of Sberbank CZ. Clients of the failed Sberbank got their money back thanks to the CNB’s active role and oversight of the process as a member of the creditors’ committee. The insolvency proceedings can thus be described with no exaggeration as the most successfully managed in history. Clients have so far recovered 95% of their guaranteed deposits, with the remainder to be paid once legal issues are resolved.

    The prestigious Central Banking Awards 2025 recognise excellence and innovation in central banking. Winners are decided by a jury composed of selected members of the Central Banking editorial team and an advisory board. The awards are now in their twelfth year. The Central Banking Awards 2025 winners in all categories will receive their awards at a ceremony to be held in London on 11 June 2025.

    Jakub Holas
    Director, CNB Communications Division

    MIL OSI Economics –

    March 21, 2025
  • MIL-OSI Global: Our new study indicates maternal exposure to relatively low fluoride levels may affect intelligence in children

    Source: The Conversation – UK – By Maria Kippler, Associate Professor, Institute of Environmental Medicine, Karolinska Institutet

    Alena Matrosova/Shutterstock

    Fluoride occurs naturally in drinking water, especially well water, but the concentrations are generally low in public water supplies. In some countries, such as the US, Canada, UK, Australia and Ireland, fluoride is commonly added to the public water supply at around 0.7mg per litre to prevent tooth decay. The World Health Organization guideline for fluoride in drinking water is 1.5mg per litre.

    Given the concern that fluoride in drinking water might affect children’s intelligence, the addition of this mineral to drinking water has become controversial. Consensus among researchers about the precise nature of the link between fluoridation and intelligence is lacking and the existing evidence is widely debated.

    The US National Toxicology Program’s, part of the Department of Health and Human Services, most recent evaluation states with moderate confidence that higher fluoride exposure (above the World Health Organization guideline) is consistently associated with decreased child intelligence, while they conclude that more research is needed to understand the effects at lower fluoride exposure levels.




    Read more:
    Fluoride: very high levels in water associated with cognitive impairment in children


    A new study my colleagues and I conducted found that relatively low exposure to fluoride during the foetal stage (as a result of the mother’s exposure to fluoride) or in the child’s early years may affect their intelligence.

    For the study, which was published in Environmental Health Perspectives, we followed 500 mothers and their children in rural Bangladesh, where fluoride occurs naturally in the drinking water, to investigate the link between early life exposure to fluoride and children’s intelligence.

    Psychologists evaluated the children’s cognitive abilities at five and ten years of age, using standard IQ tests. The exposure to fluoride in the mothers during pregnancy and children at five and ten years of age was determined by measuring the concentrations in urine samples. Urine samples reflect the continuing exposure from all sources, such as drinking water, food and dental products (such as toothpaste and mouthwash). Urine samples are the most accurate way of determining fluoride exposure in people.

    Increasing urinary concentrations of fluoride in pregnant women were linked to decreasing intelligence in their children at five and ten. Even the lowest fluoride concentrations were associated with decreases in the children’s cognition. The average maternal urinary fluoride concentration was 0.63mg per litre, with the vast majority of concentrations falling between 0.26 and 1.4mg per litre.

    The children’s average urinary fluoride concentrations at five and ten years of age (0.62 and 0.66mg per litre, respectively) were similar to those of their mothers during pregnancy.

    Among children who had more than 0.72mg per litre of fluoride in their urine by age ten, increasing urinary fluoride concentrations were associated with lower intelligence. In children with less fluoride in their urine, there were no consistent associations with their intelligence. So childhood exposure seemed to be less detrimental than the exposure during early foetal development.

    Out of the cognitive abilities measured, associations of both maternal and child urinary fluoride concentrations were most pronounced with nonverbal reasoning and verbal abilities. There were no consistent differences between boys and girls.

    We didn’t find a link between fluoride concentrations in the urine of the five-year-olds and their intelligence. This could be due to the shorter exposure time or that urinary fluoride concentrations aren’t as reliable in younger children owing to greater variations in how much fluoride is taken up and stored in the body, particularly in the bones.

    As well as the children’s urinary fluoride concentration, the fluoride concentrations in drinking water were measured at the age of ten for a random subset of the studied children. The average was 0.20mg per litre, which is well below the WHO guideline value for fluoride in drinking water.

    The concentrations in drinking water tracked with the concentrations in urine, confirming that water is a main source of exposure. Still, we couldn’t exclude the possibility that there were contributions from other sources. Fluoride in toothpaste is important for preventing tooth decay, but it’s important to encourage small children not to swallow the toothpaste during brushing.

    Limitations

    A limitation of our study is that we measured fluoride only in one urine sample at each time point. As a large fraction of the absorbed fluoride is excreted in some hours, one measurement may give uncertain levels for the individual. However, as the exposure largely comes from water it can be assumed that the intake is rather constant over time.

    Another limitation is that the intelligence tests that were used have not been standardised for the Bangladeshi population. As a result, we did not convert the results to IQ scores (with an average of 100) that can be compared across populations.

    Our findings support previous well-designed studies from Canada and Mexico, where exposure levels obtained below the existing WHO guideline for fluoride in drinking water were associated with impaired cognitive development.

    Similar findings were recently provided when combining multiple studies from several countries. It was noted that at low exposure levels, findings with cognitive development were more conclusive among studies estimating fluoride exposure via urine than among studies that relied on concentrations in drinking water only. This highlights that imprecise estimation of the exposure can lead to difficulties in assessing the true impact on cognitive development.

    Taken together, the concern about the effect of fluoride on children’s intelligence at low exposure levels is further strengthened by our study. In particular exposure during foetal development, but also prolonged childhood exposure seems to be of concern.

    Still, as this is an observational study, no firm conclusions can be drawn about causalities. There is still a need for more well-designed research studies on low-level fluoride exposure and cognitive development, in combination with experimental studies to determine the possible molecular mechanisms driving it. Collectively, this will create a robust basis for reviewing fluoride health risks and thresholds for drinking water, foods, and dental care products, especially for children.

    Maria Kippler receives funding from Swedish Research Council and the Swedish Research Council for Environment, Agricultural Sciences and Spatial Planning.

    – ref. Our new study indicates maternal exposure to relatively low fluoride levels may affect intelligence in children – https://theconversation.com/our-new-study-indicates-maternal-exposure-to-relatively-low-fluoride-levels-may-affect-intelligence-in-children-251193

    MIL OSI – Global Reports –

    March 21, 2025
  • MIL-OSI Global: UK businesses face a big tax hike. So what does it mean for workers and the economy?

    Source: The Conversation – UK – By Phil Tomlinson, Professor of Industrial Strategy, Co-Director Centre for Governance, Regulation and Industrial Strategy (CGR&IS), University of Bath

    The hospitality sector will be among the most seriously affected. cktravels.com/Shutterstock

    Employers in the UK are about to be hit with a hefty tax rise. From April 1 2025, their national insurance contributions are rising to 15% on salaries above £5,000, instead of 13.8% on salaries above £9,100.

    Unsurprisingly, business owners are not happy. Since the change was announced last autumn, many have complained about the effect it will have on their ability to invest and hire staff. Care homes, supermarkets and GP surgeries are among those who have voiced their concerns, and a recent survey found that 54% anticipate raising prices.

    Some industries will be affected more than others. The hospitality sector, for example, expects around £1 billion in additional costs (alongside an inflation-busting minimum wage increase, which also comes into play on April 1). Partly because of these changes, manufacturing confidence has already taken a hit, contributing to a decline in overall GDP since the start of the year.

    But Rachel Reeves, the UK’s chancellor, has not budged, arguing that she needs to raise £40 billion in tax revenue to fund infrastructure and public services, and to address what she calls a “black hole” in the public finances.

    She had previously condemned the Conservative government’s employer national insurance hike in 2022 as a “tax on jobs”. Yet a Labour party manifesto pledge not to raise personal income tax, employees’ national insurance or VAT, has effectively left her with few options.

    As a result, the burden has been placed firmly on businesses. But in the UK’s sluggish economy, any added cost pressures could push struggling firms into pay freezes and cutbacks.

    Others may seek ways to mitigate the national insurance rise through creative accounting, by offering salary sacrifice schemes (such as cycle-to-work or electric vehicle purchase programmes) instead of direct wage increases.

    Some firms will no doubt explore other cost-cutting measures, such as reducing office space by encouraging more remote work. Or they may shift towards gig economy models, where they employ workers as “subcontractors” rather than as salaried staff. Larger firms might even move jobs abroad.

    Productivity push?

    But there could be an upside to all of this. Despite being politically sensitive, there is an economic argument for raising employment costs as a way of driving innovation and productivity. And some enterprising businesses may respond to the financial pressure by investing in labour-saving technology.

    For years the UK has relied on a low-wage, loosely regulated labour market. This has allowed businesses to hire and fire with ease, but has also led to persistently low levels of investment and weak productivity growth.

    Put simply, UK workers are often using outdated tools and equipment, making them less productive compared with their international competitors. Over time, this depresses wages, lowers economic growth (and living standards) and limits funding (through tax raised) for public services.

    Raising employment costs may now incentivise businesses to invest in automation and efficiency-enhancing technologies. The feasibility of this shift depends on what economists call the “elasticity of substitution” – the ease with which labour can be replaced by technology while maintaining (or improving) output.

    And evidence suggests automation and AI can drive productivity improvements even in traditionally labour-intensive industries. For instance, in social care, AI may be used to create personalised treatment plans, while robots could provide patients with physical, social and cognitive support.

    So far, the UK care sector has been slow to adopt such technology, lagging behind the likes of Australia, the Netherlands and Japan.

    Robotic care.
    Stock-Asso/Shutterstock

    Similarly, in hospitality, there are opportunities to use AI for predictive ordering and automated waste management. This could help hotels and restaurants reduce food waste, streamline supply chains and improve their profitability. Some businesses are also exploring robotic concierge services and automated customer interactions.

    Incentives and stability

    To ensure businesses embrace these productivity-boosting innovations, government support is essential. A well-designed industrial strategy is still needed to position the UK at the forefront of the “industry 4.0” technological revolution.




    Read more:
    The UK’s new industrial strategy is welcome, but here’s what is missing


    And, critically, businesses also need confidence in the broader economic outlook. Yet with continuing geopolitical uncertainty, trade tensions and fears of a global recession, the future feels fragile.

    The government’s challenge lies in encouraging businesses to adopt a strategy which ensures that investment in innovation actually materialises, and the benefits emerge swiftly. If businesses fail to adapt, or if productivity gains take too long, then the national insurance hike could just result in higher costs without any boost to growth.

    Ultimately, success hinges on whether businesses view this tax rise as a burden to absorb or an incentive to modernise. In the coming months and years, the government will need to show it is willing to offer businesses more support – and improve their confidence levels – if there is to be a revival in investment and productivity.

    Phil Tomlinson receives funding from the Engineering and Physical Sciences Research Council (EPSRC) for Made Smarter Innovation: Centre for People-Led Digitalisation, and from the Innovation and Research Caucus (IRC).

    David Bailey receives funding from the ESRC’s UK in a Changing Europe Programme.

    – ref. UK businesses face a big tax hike. So what does it mean for workers and the economy? – https://theconversation.com/uk-businesses-face-a-big-tax-hike-so-what-does-it-mean-for-workers-and-the-economy-252325

    MIL OSI – Global Reports –

    March 21, 2025
  • MIL-OSI Global: Debate over H-1B visas shines spotlight on US tech worker shortages

    Source: The Conversation – USA – By Moshe Y. Vardi, Professor of Computer Science, Rice University

    Babson College graduate students from India type on their computers in Wellesley, Mass., on June 30, 2016. AP Photo/Charles Krupa

    A heated debate has recently erupted between two groups of supporters of President Donald Trump. The dispute concerns the H-1B visa system, the program that allows U.S. employers to hire skilled foreign workers in specialty occupations – mostly in the tech industry.

    On the one hand, there are people like Donald Trump’s former strategist Steve Bannon, who has called the H-1B program a “total and complete scam.” On the other, there are tech tycoons like Elon Musk who think skilled foreign workers are crucial to the U.S. tech sector.

    The H-1B visa program is subject to an annual limit of new visas it can issue, which sits at 65,000 per fiscal year. There is also an additional annual quota of 20,000 H-1B visas for highly skilled international students who have a proven ability to succeed academically in the United States.

    The H-1B program is the primary vehicle for international graduate students at U.S. universities to stay and work in the United States after graduation. At Rice University, where I work, much of STEM research is carried out by international graduate students. The same goes for most American research-intensive universities.

    As a computer science professor – and an immigrant – who studies the interaction between computing and society, I believe the debate over H-1B overlooks some important questions: Why does the U.S. rely so heavily on foreign workers for the tech industry, and why is it not able to develop a homegrown tech workforce?

    The US as a global talent magnet

    The U.S. has been a magnet for global scientific talent since before World War II.

    Many of the scientists who helped develop the atomic bomb were European refugees. After World War II, U.S. policies such as the Fulbright Program expanded opportunities for international educational exchange.

    Attracting international students to the U.S. has had positive results.

    Among Americans who have won the Nobel Prize in chemistry, medicine or physics since 2000, 40% have been immigrants.

    In 2023, U.S.-born Louis Brus, left, shared the Nobel Prize in chemistry with U.S. immigrants Alexei Ekimov, born in the former USSR, and Moungi Bawendi, born in France.
    AP Photo

    Tech industry giants Apple, Amazon, Facebook and Google were all founded by first- or second-generation immigrants. Furthermore, immigrants have founded more than half of the nation’s billion-dollar startups since 2018.

    Stemming the inflow of students

    Restricting foreign graduate students’ path to U.S. employment, as some prominent Trump supporters have called for, could significantly reduce the number of international graduate students in U.S. universities.

    About 80% of graduate students in American computer science and engineering programs – roughly 18,000 students in 2023 – are international students.

    The loss of international doctoral students would significantly diminish the research capability of graduate programs in science and engineering. After all, doctoral students, supervised by principal investigators, carry out the bulk of research in science and engineering in U.S. universities.

    It must be emphasized that international students make a significant contribution to U.S. research output. For example, scientists born outside the U.S. played key roles in the development of the Pfizer and Moderna COVID-19 vaccines. So making the U.S. less attractive to international graduate students in science and engineering would hurt U.S. research competitiveness.

    Computing Ph.D. graduates are in high demand. The economy needs them, so the lack of an adequate domestic pipeline seems puzzling.

    Where have US students gone?

    So, why is there such a reliance on foreign students for U.S. science and engineering? And why hasn’t America created an adequate pipeline of U.S.-born students for its technical workforce?

    After discussions with many colleagues, I have found that there are simply not enough qualified domestic doctoral applicants to fill the needs of their doctoral programs.

    In 2023, for example, U.S. computer science doctoral programs admitted about 3,400 new students, 63% of whom were foreign.

    It seems as if the doctoral career track is simply not attractive enough to many U.S. undergrad computer science students. But why?

    The top annual salary in Silicon Valley for new computer science graduates can reach US$115,000. Bachelor’s degree holders in computing from Rice University have told me that until recently – before economic uncertainty shook the industry – they were getting starting annual salaries as high as $150,000 in Silicon Valley.

    Doctoral students in research universities, in contrast, do not receive a salary. Instead, they get a stipend. These vary slightly from school to school, but they typically pay less than $40,000 annually. The opportunity cost of pursuing a doctorate is, thus, up to $100,000 per year. And obtaining a doctorate typically takes six years.

    So, pursuing a doctorate is not an economically viable decision for many Americans. The reality is that a doctoral degree opens new career options to its holder, but most bachelor’s degree holders do not see beyond the economics. Yet academic computing research is crucial to the success of Silicon Valley.

    A 2016 analysis of the information technology sectors with a large economic impact shows that academic research plays an instrumental role in their development.

    Why so little?

    The U.S. is locked in a cold war with China focused mostly on technological dominance. So maintaining its research-and-development edge is in the national interest.

    Yet the U.S. has declined to make the requisite investment in research. For example, the National Science Foundation’s annual budget for computer and information science and engineering is around $1 billion. In contrast, annual research-and-development expenses for Alphabet, Google’s parent company, have been close to $50 billion for the past decade.

    Universities are paying doctoral students so little because they cannot afford to pay more.

    Alphabet CEO Sundar Pichai speaks at a Google I/O event in Mountain View, Calif., on May 14, 2024.
    AP Photo/Jeff Chiu

    But instead of acknowledging the existence of this problem and trying to address it, the U.S. has found a way to meet its academic research needs by recruiting and admitting international students. The steady stream of highly qualified international applicants has allowed the U.S. to ignore the inadequacy of the domestic doctoral pipeline.

    The current debate about the H-1B visa system provides the U.S. with an opportunity for introspection.

    Yet the news from Washington, D.C., about massive budget cuts coming to the National Science Foundation seems to suggest the federal government is about to take an acute problem and turn it into a crisis.

    Moshe Y. Vardi receives funding from the National Science Foundation and the US Office of Naval Research.

    – ref. Debate over H-1B visas shines spotlight on US tech worker shortages – https://theconversation.com/debate-over-h-1b-visas-shines-spotlight-on-us-tech-worker-shortages-248711

    MIL OSI – Global Reports –

    March 21, 2025
  • MIL-OSI Russia: Financial news: 03/20/2025, 15-10 the values of the lower limit of the repo price corridor, the transfer rate and the range of interest rate risk assessment of the OZON security (OZON-adr) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    03/20/2025

    15:10

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on March 20, 2025, 15-10 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -20.0%), the transfer rate and the range of interest rate risk assessment (up to -4.15 rubles, equivalent to a rate of 59.18%) of the OZON security (OZON-adr) were changed.

    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 access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI Russia: Financial news: 03/20/2025, 15-22 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A103W42 (IADOM 1P10) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    03/20/2025

    15:22

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 20.03.2025, 15-22 (Moscow time), the values of the upper limit of the price corridor (up to 75.37) and the range of market risk assessment (up to 478.0 rubles, equivalent to a rate of 23.75%) of the security RU000A103W42 (IADOM 1P10) were changed.

    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 access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N78689

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI Russia: Financial news: 03/20/2025, 15-25 the values of the lower limit of the repo price corridor, the transfer rate and the range of interest rate risk assessment of the OZON security (OZON-adr) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    03/20/2025

    15:25

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on March 20, 2025, 15-25 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -20.0%), the transfer rate and the range of interest rate risk assessment (up to -5.43 rubles, equivalent to a rate of 70.77%) of the OZON security (OZON-adr) were changed.

    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 access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI Russia: IMF Reaches Staff-Level Agreement on the Fourth and Final Reviews of Kosovo’s Stand-By Arrangement and Resilience and Sustainability Facility Arrangement

    Source: IMF – News in Russian

    IMF Reaches Staff-Level Agreement on the Fourth and Final Reviews of Kosovo’s Stand-By Arrangement and Resilience and Sustainability Facility Arrangement

    March 20, 2025

    End-of-mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • The IMF staff and Kosovo authorities have reached staff-level agreement on the Fourth and final Reviews under the Stand-by Arrangement (SBA) and Resilience and Sustainability Facility (RSF) Arrangement. Completion of the Reviews will make available SDR 13.35 million (€16.34 million) under the SBA and SDR 7.74 million (€9.48 million) under the RSF. The agreement is subject to approval by the IMF Executive Board, with Board consideration expected in May. The authorities intend to continue treating the SBA as precautionary, not drawing on the resources.
    • Program performance has also been strong. The authorities met all quantitative performance criteria, indicative targets (ITs) and structural benchmarks for the Reviews. Reforms and implementation of the green agenda, supported by the SBA and the RSF, have progressed
    • Economic performance has remained strong with robust GDP growth and disinflation. Outlook is favorable but is subject to uncertainty, including from international geopolitical developments.

    Pristina, Kosovo – March 20, 2025:An IMF mission, led by David Amaglobeli, visited Pristina during March 12–21, to hold discussions on the Fourth Reviews of Kosovo’s Stand-By Arrangement (SBA) and Resilience and Sustainability Facility (RSF) Arrangement. At the conclusion of the mission, Mr. Amaglobeli issued the following statement:

    “The authorities have maintained strong performance under the SBA and RSF. All end-December quantitative and indicative targets (ITs) for the Fourth Reviews have been met, and all end-March ITs are on track to be met. The authorities have been advancing on structural reforms by strengthening liquidity forecasting capacity at the Ministry of Finance and embarking on a major reform to modernize financial sector supervision. The authorities have also implemented, with a short delay, the remaining RSF reform measure—launch of the wind power tender.”

    “The two-year IMF-supported programs have yielded significant results. Macroeconomic fundamentals have been strengthened by sustaining robust growth despite a challenging external environment, curbing inflation after the post-pandemic surge, and enhancing formal sector employment. Growth reached 4.4 percent in 2024 driven by private consumption and investment, which helped offset the effects of a widening trade deficit and slowing remittances. Growth is expected to remain at 4 percent in 2025. After two years of elevated pressures, inflation fell in 2024, averaging 1.6 percent, as food and transport inflation eased. The external current account deficit widened to 9 percent of GDP in 2024, up from 7.5 percent in 2023, reflecting increased imports driven by strong domestic demand.”

    “Prudent fiscal policy has helped keep deficits and debt low and fiscal buffers strong. Deficits were modest at 0.2 and 0.3 percent of GDP in 2023 and 2024, respectively; public debt fell below 17 percent of GDP in 2024—the lowest level since 2017. Treasury deposits at the CBK—a key buffer against shocks—increased to €575 million by end-2024. Successful fiscal reforms have bolstered revenue collection, with the tax-to-GDP ratio reaching 26½ percent of GDP in 2024—the highest ever. Transparency has improved, including for public enterprises and key institutions, such as tax administration. Public financial management (PFM) reforms have led to more effective execution of the public investment program. Additionally, reforms implemented under the RSF, the first in Europe, have facilitated efforts to double renewable energy generation capacity, improve energy efficiency and cut pollution.”

    Looking ahead, the authorities should continue implementing prudent fiscal policies anchored in a sound, rules-based framework to ensure sustainable fiscal outcomes, foster growth, advance social priorities, and enhance resilience. Continued revenue administration reforms will create much-needed fiscal space for increased social and capital investments, while PFM reforms will enhance the efficiency and impact of government spending. EU accession efforts will be key to mobilize additional financial resources to address Kosovo’s large developmental needs. Amid rising uncertainty, strong fiscal buffers and enhanced crisis preparedness remain essential to safeguard stability and resilience.”

    “The CBK has made impressive progress in advancing financial sector reforms. These aim at enhancing stability, resilience, and modernization to support activity. The CBK has successfully implemented important internal institutional reforms to boost effectiveness, efficiency, and transparency. The CBK is undergoing an IMF-led Central Bank Transparency Code (CBT) assessment and a governance audit by a peer central bank, underscoring its commitment to best practices. In addition, several major initiatives are underway to modernize the financial sector regulatory framework, aligning it more closely with EU standards. Central to this is the ongoing adoption of the Supervisory Review and Evaluation Process (SREP)—widely regarded as the most advanced and structured supervisory framework—to enhance risk-based bank supervision. The CBK is also developing and operationalizing a macroprudential policy framework and strengthening crisis preparedness, including through recently-extended ECB backstop (€100 million). Increased premiums from banks to the Deposit Insurance Fund provided additional safety cushion Significant strides were made to integrate with the Single Euro Payments Area (SEPA) and develop the regional TIPS Clone instant payments system. These initiatives will foster a faster, safer, and more cost-effective payments landscape, benefiting businesses and citizens while enhancing regional integration.”

    These reforms have supported rapid, healthy expansion of the financial sector. After growing by 17 percent in real terms in 2024, private sector credit peaked in 2024, exceeding 56 percent of GDP. Financial inclusion also improved, with bank or e-money account ownership and settlement via the Kosovo Interbank Payment System (KIPS) increasing. The newly launched Platform for Comparison of Financial Products and Services should help enhance financial literacy and transparency. Against this backdrop, the banking sector remains profitable and well-capitalized with low levels of NPLs. Maintaining this stability will require continued vigilance and proactive risk management.”

    “The mission met with Deputy Prime Minister Bislimi, Minister of Finance, Labor, and Transfers Murati, Minister of Economy Rizvanolli, Central Bank Governor Ismaili, and other senior officials, civil society, private sector and international partners. The mission thanks them and their technical staff for constructive discussions and cooperation during this mission.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Camila Perez

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/03/20/pr2571-kosovo-review-sba-rsf

    MIL OSI

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Belgium

    Source: IMF – News in Russian

    March 20, 2025

    Washington, DC: On March 18, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Belgium, and considered and endorsed the staff appraisal without a meeting.[1]

    The Belgian economy was resilient to a series of shocks, but growth has been slowing, and core inflation remains persistent. Labor productivity growth remained sluggish, and labor-cost competitiveness has declined. Successive shocks have increased structural fiscal deficits and public debt. Risks arising from deepening geoeconomic fragmentation and intensification of regional conflicts affecting energy, trade and financial spillovers could worsen the outlook. 

    Executive Board Assessment[2]

    In concluding the 2025 Article IV consultation with Belgium, Executive Directors endorsed staff’s appraisal, as follows:

    Notwithstanding its resilience, the Belgium economy faces significant challenges. In the short term, in an increasingly uncertain environment, policies need to see disinflation through while preserving growth and financial stability. From a longer perspective, policies need to rebuild buffers, reduce vulnerabilities associated with high and rising public debt, address spending pressures from aging and the green transition, foster higher growth, and improve the external position which, in 2024, was weaker than implied by medium-term fundamentals and desirable policies based on preliminary assessment. The policy agenda of the new government, which includes significant structural reforms and fiscal consolidation, is an opportunity to make headway. Steady and timely implementation of intended reforms will be key.

    Sustained and significant fiscal consolidation is needed. Considering the magnitude of the needed adjustment to bring the deficit durably below 3 percent of GDP and put debt solidly on a downward path, staff supports the government’s intention to pursue a seven-year adjustment under the EGF, which should be accompanied by credible and front-loaded growth-enhancing reforms. An annual reduction in the structural primary balance of about 0.6 ppt of GDP until 2031 will be necessary. The forthcoming MTFSP should be built on sufficiently conservative assumptions to lower the risk of deviating from the intended path of deficit reduction.

    The adjustment should rationalize current spending, make room for more public investment, and be supported by increased efficiency of spending. Rationalizing social benefits and the public wage bill is crucial to achieve savings. Public investment should be preserved, or ideally, increased to bolster potential growth and support green transition. Amid competing demands for resources and reduced fiscal space, improving the efficiency of spending, is critical, notably with respect to investment in infrastructure, healthcare, and education.

    Fiscal reforms are crucial to support the adjustment. Staff welcomes the government’s intention to reduce the tax burden on labor while introducing capital gain taxation and reducing tax expenditure. Considering the needed overall fiscal adjustment, tax reforms should not result in lower revenue. Similarly, staff welcomes the planned reforms aimed at raising the effective retirement age and reviewing eligibility to specific pension regimes. This is necessary to preserve the sustainability of the pension system despite aging. Staff also encourages the authorities to strengthen the overall fiscal framework, through a revitalized fiscal council and greater accountability of the federal and all federated entities in sharing the burden of fiscal adjustment.

    Overall systemic risks in the financial sector remain moderate and current capital buffer requirements and prudential limits on mortgage loans should be maintained. Recent progress in strengthening systemic risk assessment, supervision, the macroprudential framework, and crisis management and resolution preparedness is welcome. With a new government in place, pending measures that required legislative action should now proceed.

    Labor market and education reforms are essential to foster higher labor participation and better adequation of skills. The government’s intended reforms to widen the income gap between work and nonwork, limit the duration of unemployment benefits, and reduce the cost of hiring and dismissal go in the right direction. Fostering a labor market more inclusive of low-skilled workers, older workers, women, and individuals with an immigration background, or disabilities, notably through lifelong learning and reskilling and active labor-market policies, will enhance overall economic performance. Education reforms are also necessary to upskill the labor force. They should focus on aligning curricula with the skills companies need, better leveraging teachers’ time, and strengthening support to students in difficulty.

    Reforming the wage-setting mechanism will help increase labor-market efficiency and improve competitiveness. Automatic wage and social benefit indexation protected household purchasing power during the inflation shock but increased fiscal deficits and undermined competitiveness. Consideration should be given to abolishing automatic indexation and the 1996 wage law which, together, prevent an optimal allocation of labor and higher employment. At a minimum, the labor market would already benefit from technical reforms to the existing system.

    Further product market reforms and efforts with EU partners to deepen the single market and advance the capital market union will support firms’ productivity. Reforms should focus on reducing regulatory and administrative barriers and improving the insolvency regime. Removing remaining barriers to trade within the EU and harmonizing regulations and bankruptcy frameworks would give Belgian firms’ access to a larger customer base, improve competition, and provide buffers against risks from geo-fragmentation. Developing venture capital at the EU level would help widen Belgian firms’ options to finance their growth.

    Despite progress, much effort remains needed to achieve climate objectives. The planned expansion of the EU ETS should be complemented by carbon taxation and the phasing out of fossil fuel subsidies, while ensuring support for vulnerable population. The consolidation of federal and regional climate efforts into a coherent and cohesive national strategy is essential.

    Belgium: Selected Economic Indicators, 2022–30

     

     

     

    Projections

     

     

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    2030

    (Percent change, unless otherwise indicated)

    Real economy

    Real GDP 1/

    4.2

    1.3

    1.0

    1.1

    1.1

    1.3

    1.3

    1.3

    1.3

    Domestic demand

    4.2

    1.8

    1.0

    1.4

    1.5

    1.5

    1.5

    1.4

    1.5

    Private consumption

    3.6

    0.6

    1.8

    1.2

    1.2

    1.5

    1.3

    1.2

    1.1

    Public consumption

    3.3

    3.2

    3.2

    1.4

    1.9

    1.6

    1.7

    1.7

    1.7

    Gross fixed investment

    1.7

    3.5

    0.9

    0.6

    1.7

    1.5

    1.6

    1.7

    2.0

    Stockbuilding 2/

    1.1

    -0.1

    -1.0

    0.3

    0.0

    0.0

    0.0

    0.0

    0.0

    Foreign balance 2/

    0.1

    -0.5

    0.1

    -0.3

    -0.4

    -0.2

    -0.2

    -0.1

    -0.1

    Exports, goods and services

    5.8

    -7.1

    -4.0

    0.0

    2.6

    3.2

    3.2

    3.1

    3.1

    Imports, goods and services

    5.8

    -6.8

    -4.2

    0.4

    3.3

    3.6

    3.5

    3.3

    3.3

    Household saving ratio

    12.7

    14.1

    13.6

    13.7

    13.7

    13.7

    13.8

    14.0

    14.3

    Potential output growth

    2.0

    1.8

    1.6

    1.4

    1.3

    1.3

    1.3

    1.3

    1.3

    Potential output growth

    1.3

    1.2

    1.0

    1.3

    1.3

    1.3

    1.3

    1.4

    1.3

    per working age person

    Output gap (in percent)

    1.6

    1.0

    0.5

    0.2

    0.0

    0.0

    -0.1

    0.0

    0.0

    Employment

    Unemployment rate (in percent)

    5.6

    5.5

    5.8

    5.7

    5.7

    5.5

    5.6

    5.7

    5.8

    Employment growth

    1.9

    0.8

    0.3

    0.2

    0.3

    0.6

    0.3

    0.2

    0.4

    Prices

    Consumer prices (HICP)

    10.3

    2.3

    4.3

    3.5

    2.2

    2.0

    2.0

    1.9

    1.9

    Core CPI (HICP)

    4.0

    6.0

    3.4

    3.0

    2.6

    2.2

    2.1

    1.9

    1.9

    GDP deflator

    6.8

    4.5

    2.7

    2.5

    1.7

    1.5

    1.7

    1.6

    1.6

    (Percent of GDP; unless otherwise indicated)

    Public finance

    Revenue

    48.6

    49.1

    49.6

    49.5

    49.5

    49.5

    49.5

    49.6

    49.7

    Expenditure

    52.2

    53.3

    54.0

    54.3

    55.0

    55.3

    55.7

    56.3

    56.9

    General government balance

    -3.6

    -4.2

    -4.4

    -4.8

    -5.5

    -5.8

    -6.2

    -6.7

    -7.2

    Structural balance

    -4.3

    -4.4

    -4.5

    -4.8

    -5.5

    -5.8

    -6.1

    -6.8

    -7.2

    Structural balance (excl. Covid measures)

    -3.7

    -4.3

    -4.4

    -4.8

    -5.5

    -5.8

    -6.1

    -6.8

    -7.2

    Structural primary balance

    -2.7

    -2.4

    -2.2

    -2.5

    -3.0

    -3.0

    -3.2

    -3.5

    -3.7

    Primary balance

    -2.0

    -2.2

    -2.2

    -2.4

    -3.0

    -3.0

    -3.3

    -3.4

    -3.7

    General government debt

    102.6

    103.1

    104.1

    105.4

    108.6

    111.9

    115.2

    118.9

    123.0

    External Sector

    Goods and services balance

    -1.5

    -0.6

    -0.1

    0.0

    0.0

    0.0

    0.3

    0.5

    0.7

    Current account

    -1.3

    -0.7

    -0.3

    -0.3

    -0.3

    -0.3

    -0.1

    0.1

    0.2

    Exchange rates

    Euro per U.S. dollar, period average

    0.9

    0.9

    0.9

    …

    …

    …

    …

    …

    …

    NEER, ULC-styled (2005=100)

    96.3

    97.6

    97.8

    …

    …

    …

    …

    …

    …

    REER, ULC-based (2005=100)

    99.7

    103.8

    105.5

    …

    …

    …

    …

    …

    …

    Memorandum items

    Gross national savings (in percent of GDP)

    25.6

    24.6

    23.8

    23.9

    23.9

    23.9

    24.1

    24.3

    24.5

    Gross national investment

    26.9

    25.3

    24.1

    24.2

    24.3

    24.3

    24.2

    24.2

    24.3

     (in percent of GDP)

    Nominal GDP (in billions of euros)

    563.5

    596.3

    618.6

    640.9

    658.7

    677.3

    697.8

    718.4

    739.8

    Population (in millions)

    11.6

    11.7

    11.8

    11.8

    11.9

    11.9

    11.9

    12.0

    12.0

     Sources: Haver Analytics, Belgian authorities, and IMF staff projections.

    1/ Based on national accounts data available as of January 29, 2025.

    2/ Contribution to GDP growth.

     

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

    [2] The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Eva Graf

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/03/19/pr25070-belgium-imf-executive-board-concludes-2025-article-iv-consultation-with-belgium

    MIL OSI

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI United Nations: Guterres welcomes deals to halt energy attacks in Ukraine, Russia

    Source: United Nations 4

    20 March 2025 Peace and Security

    UN chief António Guterres on Thursday hailed positive announcements from the White House, Kremlin and Kyiv aimed at stopping crippling attacks on energy infrastructure in Ukraine and Russia, linked to Russia’s full-scale invasion of its neighbour.

    “Any ceasefire is welcome because it saves lives, but it is essential that a ceasefire paves the way for a just peace in Ukraine,” the UN Secretary-General said, speaking in Brussels, on the sidelines of high-level meetings and discussions with European partners.

    A “just peace” in Ukraine “is a peace that respects the UN Charter, international law and Security Council resolutions, namely about the territorial integrity of Ukraine”, the UN chief stressed.

    His comments followed an earlier statement in which he welcomed further declarations by President Trump and President Volodymyr Zelensky of Ukraine seeking to extend the ceasefire to the Black Sea – a crucial trade route for food and fertilizer exports to the wider world.

    “Reaching an agreement on safe and free navigation in the Black Sea, with security commitments and in line with the UN Charter and international law would be a crucial contribution to global food security and supply chains,” the Secretary-General said, in a statement issued by his spokesperson’s office. “It would reflect the importance of trade routes from both Ukraine and the Russian Federation to global markets.”

    Key shipping lane

    The UN has been heavily invested in ensuring that Ukrainian grain exports via the Black Sea can happen safely, along with the transport of Russian food and fertilizer, to halt spiralling food prices worldwide and stave off famine in vulnerable countries.

    The UN-brokered Black Sea Initiative was agreed by Russia, Ukraine, Türkiye and the UN in Istanbul in July 2022. It allowed more than 30 million tonnes of grain and other foodstuffs to leave Ukraine’s ports and played an “indispensable role” in global food security, Mr. Guterres said at the time.

    A parallel accord was also agreed between the UN and Moscow on grain and fertilizer exports from Russia, known as a Memorandum of Understanding.

    In July 2023, the UN Secretary-General expressed his deep regret at Russia’s decision to terminate its involvement in the grain initiative.

    “The Secretary-General has consistently supported the freedom of navigation in the Black Sea,” his statement continued, adding that he remains “closely engaged in the continued implementation of the Memorandum of Understanding with the Russian Federation on global food security”.

    MIL OSI United Nations News –

    March 21, 2025
  • MIL-OSI Asia-Pac: President Lai attends AmCham Taiwan 2025 Hsieh Nien Fan  

    Source: Republic of China Taiwan

    Details
    2025-03-18
    President Lai meets Arizona Governor Katie Hobbs  
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Arizona Governor Katie Hobbs. In remarks, President Lai said that Taiwan and Arizona enjoy close economic and trade relations, and expressed hope that through our joint efforts, Arizona will become a shining example for Taiwan-United States high-tech collaboration and the creation of non-red supply chains. The president indicated that the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation, which would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive industry clusters, and generate more job opportunities, representing a win-win outcome for Taiwan-US relations. A translation of President Lai’s remarks follows: I warmly welcome you all to the Presidential Office. Governor Hobbs previously visited Taiwan after taking office in 2023. Her leading a delegation to Taiwan once again demonstrates Arizona’s continued friendship and the importance Arizona attaches to Taiwan. For this, I express my sincerest gratitude, and I welcome you again. In recent years, ties between Taiwan and Arizona have continued to expand and progress. For example, Taiwan Semiconductor Manufacturing Company (TSMC)’s investment in Arizona is the largest greenfield investment in US history. This month, TSMC announced that it would increase its investment in the US by US$100 billion. It plans to build more semiconductor fabrication and research and development facilities in greater Phoenix, transforming the area into a US semiconductor hub. Due to our close industrial engagement, we now have more than 30,000 Taiwanese living in Arizona. I would like to thank Governor Hobbs for taking care of Taiwanese businesses and people. I believe that through our joint efforts, Arizona will become a shining example for Taiwan-US high-tech collaboration and the creation of non-red supply chains. Taiwan and Arizona also enjoy close economic and trade relations. Taiwan is Arizona’s eighth largest export market and fifth largest source of imports. Last December, the first agreement under the Taiwan-US Initiative on 21st-Century Trade officially came into effect. I believe this will help further deepen our trade and economic ties. At present, the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation. I hope that we can work together to achieve this goal as soon as possible. This would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive local industry clusters, and generate more job opportunities, representing a win-win outcome. With Governor Hobbs’s support, we look forward to continuing to advance Taiwan-US relations and promoting further cooperation and exchanges between Taiwan and Arizona across all domains. I understand that during this visit, you have visited many important companies and exchanged opinions with government agencies on how to strengthen bilateral relations. These efforts all go toward building an even more solid foundation for future Taiwan-US cooperation. Once again, I thank you all for supporting Taiwan and welcome you to visit us often in the future. Governor Hobbs then delivered remarks, stating that under President Lai’s leadership, Taiwan continues to thrive as a global hub for technology, innovation, and advanced manufacturing. She said that she is proud to be back in Taiwan alongside her secretary of commerce, Sandra Watson, as part of a diplomatic and economic delegation from Arizona. Since arriving, she said, they’ve hit the ground running, meeting with key partners, businesses, and leaders, noting that the takeaway from their meetings has been incredibly positive, and that they underscore the strong and enduring partnership between Arizona and Taiwan. Adding that our partnership that is built on shared values, mutual cultural appreciation, and commitment to innovation and economic growth, Governor Hobbs indicated that Arizona and Taiwan’s partnership extends back decades, as Taiwanese fighter pilots have been training at Luke Air Force Base in Phoenix since 1996. She said that we have built a strong base of collaboration across many areas, including technology, workforce, and cultural exchange, and that Arizona is even slated to get its own Din Tai Fung (鼎泰豐), which she expressed she is very thrilled about. Governor Hobbs went on to say that Arizona’s relationship with Taiwan is anchored by its ongoing partnership with TSMC and many Taiwan-based companies in semiconductor and other industries, and that TSMC’s US$165 billion investment in Arizona will help power development of the world’s most advanced technology, such as AI, and promises to cement an unbreakable bond between our two economies.  She stated that as governor, she can say with confidence that her administration is fully committed to strengthening this relationship in every way possible, because when Arizona and Taiwan succeed, we all succeed. Lastly, Governor Hobbs once again expressed gratitude to President Lai and the people of Taiwan for their warm hospitality. She then invited President Lai to Arizona to continue their productive conversations and further strengthen ties between our people and our economies, adding that she knows there is no limit to what we can achieve together, and that she is looking forward to what is to come. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

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    2025-03-18
    President Lai meets delegation led by Minister of Foreign Affairs Denzil Douglas of Saint Christopher and Nevis
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Denzil Douglas of the Federation of Saint Christopher and Nevis. In remarks, President Lai thanked St. Kitts and Nevis for speaking up for Taiwan at major international venues and supporting Taiwan’s international participation. The president expressed hope that our two countries continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability, and create even greater well-being for our peoples. A translation of President Lai’s remarks follows: I welcome Minister Douglas and our esteemed guests to Taiwan. Last June, Minister Douglas accompanied Prime Minister Terrance Drew and his wife on their trip to Taiwan. I am delighted to be able to meet and exchange views with Minister Douglas again less than one year later. Your presence fully demonstrates the profound bond between Taiwan and St. Kitts and Nevis. I look forward to the further deepening of our partnership through our exchanges during this visit. Although our two nations are separated by a great distance, we share such universal values as democracy, freedom, and respect for human rights. We also continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability. Given that Prime Minister Drew, Minister Douglas, and I all share medical backgrounds, we deeply understand the importance of people’s health. I thus look forward to St. Kitts and Nevis’s climate-smart JNF General Hospital commencing operations as soon as possible thanks to our cooperation. The provision of even higher-quality public health and medical services will yield benefits for many more people. I also believe that by having Taiwan share its experiences in renewable energy and energy-saving technologies, our two countries will jointly drive green industrial transformation and stimulate sustainable development together. I would like to take this opportunity to thank St. Kitts and Nevis for actively speaking up for Taiwan and supporting Taiwan’s participation at such major international venues and organizations as the United Nations General Assembly, the World Health Organization, and the International Civil Aviation Organization. In the future, Taiwan will continue to make critical contributions to the international community. With the support of Minister Douglas and our guests, I look forward to our two countries backing each other on the global stage and continuing to build an even stronger foundation for bilateral cooperation. Let us work together to address the various challenges we face and create even greater well-being for our peoples. Minister Douglas then delivered remarks, first conveying greetings from Prime Minister Drew to President Lai, the government, and the people of Taiwan. He then stated that over the last 41 years since the dawn of their nationhood, the Republic of China Taiwan has steadfastly walked beside St. Kitts and Nevis as a strong and immovable partner. As we reflect on four decades of our journey together, he said, we recognize the unswerving and unwavering spirit that has guided both our nations through trials and challenges. The minister then acknowledged the generous support of Taiwan’s government that has helped St. Kitts and Nevis in its own economic and social development. He went on to say that Taiwan’s partnership with St. Kitts and Nevis has been instrumental in helping them achieve the goals of their sustainable island state agenda. Whether in enhancing food security through the diversification of their agricultural sector, fostering clean energy solutions through the solar PV farm, or advancing healthcare through assistance in building their smart hospital, he said, Taiwan has been a steadfast partner in shaping a much more resilient and sustainable future for the people of their federation. In the spirit of reciprocity and solidarity, Minister Douglas said, St. Kitts and Nevis continues to leverage opportunities on the global stage to request incessantly that Taiwan be given its rightful place in international organizations, where it can make a meaningful contribution to resolving the world’s most critical issues. Minister Douglas indicated that the global challenges we face today demand collective action, and that Taiwan has the innovation, the technology, the knowledge, and the expertise to make a tremendous positive impact on some of the world’s most urgent issues. He said that St. Kitts and Nevis will never grow weary in their own support, but shall continue to sound the clarion call of “let Taiwan in,” as well as advocate for peace to be maintained in the Taiwan Strait. To close, Minister Douglas expressed gratitude for the warm hospitality bestowed upon him and his delegation by Taiwan’s government, remarking that the engagements they had thus far were pregnant with promise, and that they are confident in witnessing a fruitful outcome as we work together to build a prosperous and sustainable future for our peoples. The delegation also included Permanent Secretary in the Ministry of Foreign Affairs Kaye Bass, Permanent Secretary of Economic Development and Investment Adina Richards, and Director in the Ministry of International Trade Sean Lawrence. The delegation was accompanied to the Presidential Office by St. Kitts and Nevis Ambassador Donya L. Francis.

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    2025-03-18
    President Lai meets 2025 Yushan Forum participants
    On the afternoon of March 18, President Lai Ching-te met with participants in the 2025 Yushan Forum. In remarks, President Lai thanked the guests for gathering here in Taiwan and discussing ways to enhance regional cooperation, demonstrating that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. The president reiterated that Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. He stated that Taiwan will continue to work with international partners to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, the president emphasized, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. A translation of President Lai’s remarks follows: I would like to begin by thanking Anders Fogh Rasmussen, former prime minister of Denmark and chairman of the Alliance of Democracies Foundation, for inviting then-President Tsai Ing-wen to address the Copenhagen Democracy Summit via video over five consecutive years since 2020, and for inviting myself to give remarks via video last year. Those opportunities allowed Taiwan to share with the world our motivation for, and our work toward, safeguarding freedom and democracy. I would also like to thank Mr. Janez Janša, former prime minister of the Republic of Slovenia, who has visited Taiwan many times already, for actively elevating the cordial ties between Taiwan and Slovenia during his term as prime minister, helping expand friendship for Taiwan throughout Europe. Today’s guests have traveled a long way to show their strong backing for Taiwan. For this, I express my deepest gratitude. Yesterday was my first time attending the Yushan Forum as president. I saw political leaders and representatives gather here in Taiwan and discuss ways to enhance regional cooperation. The event demonstrated that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. It was truly moving. As I stated at the opening ceremony, Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. Our government will help guide Taiwanese small- and medium-sized enterprises as they expand into the international market and extend Taiwan’s economic power. I hope that during this visit, our guests will be able to explore more opportunities for cooperation in such fields as AI, smart healthcare, and advanced technologies, and join hands in contributing to the prosperity and development of our democratic allies and friends. Taiwan will continue to work with international partners, building upon the shared values of freedom and democracy, to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. And I hope, with the assistance of our guests here today, that we can further strengthen the ties between Taiwan and Europe so that we can all take up the work of maintaining global peace and stability. Once again, I welcome our guests to Taiwan. I look forward to hearing your thoughts in a few moments. I also hope you will visit Taiwan often in the future and continue to experience our vibrant democratic society and culture. Chairman Rasmussen then delivered remarks, saying that it is a great pleasure to be back here in Taipei after meeting with President Lai in 2023. He then thanked President Lai for the Taiwanese hospitality on behalf of the Yushan Forum international visitors and participants, who represent four continents and very different political parties but who are united by one thing – the commitment to democracy. Chairman Rasmussen mentioned that over the past few days, they have met with members of the government, legislature, and civil society in Taiwan. He said that he is more convinced than ever that in a very uncertain world, Taiwan continues to stand as a beacon of democracy, from which people in Europe and in the rest of the world have a lot to learn. Over the past eight years, he has been proud to step up his engagement with Taiwan, he said, as he has always subscribed to the view that freedom must advance everywhere, or else it is in decline everywhere. Chairman Rasmussen noted that they have many interests in making sure Taiwan remains free and that we must always stand up for freedom when it is under assault by a dictator. This is why Ukraine’s fight is also everyone’s fight, he explained. He then praised Taiwan for all of the support it has given to Ukraine since Russia’s invasion and honored the two Taiwanese volunteer soldiers who gave their lives for freedom in Ukraine. Chairman Rasmussen remarked that Taiwan is a strong feature of the Copenhagen Democracy Summit that he convenes each year. His foundation, the Alliance of Democracies, has even been sanctioned by the Chinese government due to its support of Taiwan, he said, which is something he takes as a badge of honor. He added that this year’s Copenhagen Democracy Summit in May will be no different, as they plan to focus on the new world order, urgent measures to strengthen Europe’s military, and the situation in Ukraine. But as the United States pulls back from the transatlantic alliance and Europe focuses more on its own defense, he said, Europe should not retreat from the world. He added that to ensure European security, we need more Europe in the Indo-Pacific, and that is why he has been making the argument for more political and economic cooperation with Taiwan. Chairman Rasmussen praised President Lai’s recent decision to increase Taiwan’s national defense budget to more than 3 percent of GDP, adding that it is important that each nation does what it can for its own defense. The chairman once again thanked President Lai for meeting with them today and for the opportunity to visit Taiwan, a beacon of democracy and liberty in Asia. Also in attendance at the meeting were Chairman of the Czech Senate Committee on Foreign Affairs, Defence and Security Pavel Fischer; Member of the National Security Advisory Board to India’s National Security Council Anshuman Tripathi; former Minister of Foreign Affairs of Poland Anna Fotyga; former Minister of Health of Canada Tony Clement; and former Vice-Minister of Foreign Affairs of the Republic of Lithuania and current Secretary General of the Polish-based Community of Democracies Mantas Adomėnas.

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    2025-03-17
    President Lai meets Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji
    On the afternoon of March 17, President Lai Ching-te met with a delegation led by Japanese House of Representatives Member and Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji. In remarks, President Lai thanked the Consultative Council for doing its utmost to strengthen the relationship between Taiwan and Japan. He also stated that Taiwan and Japan are both part of the first island chain’s key line of defense, and in addition to continuing to bolster its economic strength and enhance its self-defense capabilities, Taiwan will work together with Japan and other like-minded countries to promote regional and global democracy, peace, and prosperity. A translation of President Lai’s remarks follows: I would like to extend a warm welcome to Chairman Furuya, who is visiting us once again. I am also delighted to meet House of Councillors Member Yamamoto Junzo and House of Representatives Member Hiranuma Shojiro today. Although the Japanese Diet is currently in session, our distinguished guests overcame many hurdles and organized a delegation to attend the 2025 Yushan Forum and deliver speeches, providing valuable insights into issues of mutual concern in the Indo-Pacific region and demonstrating the support for Taiwan in the Diet. Here, I would like to express my deepest gratitude. During the Yushan Forum, it was especially inspiring when Chairman Furuya spoke Taiwanese when he emphasized that “if Taiwan has a problem, then Japan has a problem.” Over the past few years under Chairman Furuya’s leadership, the Consultative Council has done its utmost to strengthen the relationship between Taiwan and Japan. In addition to passing resolutions every year supporting Taiwan’s participation in the World Health Organization and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the council has established four internal research groups regarding the CPTPP, exchanges for women legislators, encouraging local-level exchanges, and the Taiwan Relations Act, using an issue-oriented approach to deepen Taiwan-Japan relations. Thanks to the Consultative Council’s long-term assistance and promotional efforts, the Japanese Ministry of Justice has announced that beginning this May, members of the Taiwanese overseas community in Japan included in the country’s family registry system may list “Taiwan” in the field designating their nationality or region of origin. This demonstrates the friendly relations between Taiwan and Japan, and the Taiwanese people will always remember the council’s continued concrete actions in support of Taiwan. In his remarks at the Yushan Forum today, Chairman Furuya mentioned that there are many areas in which Taiwan and Japan can engage in industrial cooperation. We can continue to deepen our partnership in semiconductors, energy, AI, unmanned aerial vehicles, and other areas related to economic security and supply chain resilience, all of which have significant room for cooperation, creating win-win situations for both Taiwan and Japan. As authoritarianism consolidates, democratic nations must come closer in solidarity. Taiwan and Japan are both part of the first island chain’s key line of defense. In addition to bolstering our economic strength and enhancing our self-defense capabilities, Taiwan will also work with Japan and other like-minded countries to promote regional and global democracy, peace, and prosperity. All of our distinguished guests are good friends of Taiwan, and are very familiar with Taiwan. I hope to continue working together with you all to carry Taiwan-Japan relations to an even higher level. Chairman Furuya then delivered remarks, first thanking President Lai for taking time out of his busy schedule to see them. He then noted that Japan, Taiwan, and quite a few other nations around the world changed leaders last year, and conditions around the world are becoming increasingly unstable. One cannot see what the world will be like a few years from now, he said, which is why he is counting so heavily on the strong leadership of President Lai. Chairman Furuya said that, in addition to collaboration in foreign affairs and security matters, economic cooperation between Taiwan and Japan is also very important. He mentioned new technologies, and said he had spoken quite a bit on the topic that very morning at the Yushan Forum. The clearest example, he said, is the establishment by Taiwan Semiconductor Manufacturing Company of a wafer plant in Japan’s Kumamoto Prefecture, which has sparked robust economic activity. He added that cooperation addressing such matters as cyberattacks and supply chain resilience is also very important. Chairman Furuya noted that President Lai had mentioned in his remarks that beginning from May, Taiwanese overseas community members in Japan will be able to list “Taiwan” on their family registers. The chairman expressed his view that this is not a foreign affairs issue, but rather a human rights issue for the Taiwanese people, and an excellent way to show respect for Taiwan. He further noted President Lai’s mentioning of the four research groups that the Consultative Council has established, and said that these groups will ramp up their work. He also expressed hope that Taiwan and Japan will work together to address challenges that face both countries, such as issues pertaining to democracy and peace in the Taiwan Strait, so that they can together push for international peace and stability. Chairman Furuya stated that reciprocal visits by Taiwanese and Japanese people reached an all-time high last year. He said that in the future, in addition to further promoting local exchanges between the two countries, he also hopes that Japanese middle school and high school students planning to go on overseas study trips will choose Taiwan as their destination, because he feels that any student who visits Taiwan will become a fan of this place. Also in attendance was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

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    2025-03-17
    President Lai addresses opening of 2025 Yushan Forum
    On the morning of March 17, President Lai Ching-te attended the opening of the 2025 Yushan Forum, the theme of which was “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In remarks, President Lai stated that the New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. He said that in the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north, but that now, Taiwan is confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, he said, Taiwan’s enterprises are expanding their global presence and marketing worldwide. The president stated that Taiwan will strive alongside its partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. He indicated that the Yushan Forum is a place to share experiences, and more importantly, lay down firm foundations for exchanges and cooperation among participants’ countries to create greater stability for the region and greater prosperity for the world. A transcript of President Lai’s remarks follows: On behalf of all the people of Taiwan, I want to welcome our good friends joining us from around the world. Your presence shows support for a peaceful and stable Taiwan and a free and open Indo-Pacific region. The Yushan Forum has become more than just an important platform for the New Southbound Policy. Over these eight years, more than 3,600 participants from Taiwan and 28 other countries have helped deepen Taiwan’s connections with nations around the world. The New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. Looking ahead, the Yushan Forum will be taking on the important mission of carrying its legacy forward and transforming it into action. Not only must we turn consensus into action plans for close cooperation among countries in the region; we must also work with partners around the world to forge ahead with cooperative plans for mutual prosperity. We hope to envision a new world from Taiwan – and see Taiwan in this new world. We are also embracing an era of smart technology. The government sessions of this Yushan Forum are therefore centered around topics including smart healthcare, smart transportation, and resilient supply chains for semiconductors. Taiwan is intent on working side by side with other countries to face the challenges of this new era. Today’s Taiwan celebrates not only the democratic achievements that are recognized by the international community, but also our strengths in the semiconductor and other tech industries, which enable us to play a key role in restructuring global democratic supply chains and the economic order. We are building on Taiwan as a “silicon island” for semiconductors while accelerating innovation and AI applications for industry. These efforts will help Taiwan become an “AI island” as well. We are also developing forward-looking fields such as quantum technology and precision medicine, which will create an industry ecosystem that is highly competitive and innovative. The government will also develop economic models powered by innovation. This will help SMEs (small- and medium-sized enterprises) upgrade and transform through the power of digital transformation and net-zero transition. In the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north. But now, we are confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. As we gather here today, I am confident that we share the same goal: Through international cooperation, we hope to build an even more inclusive, resilient, prosperous Indo-Pacific, while jointly defending the democracy, freedom, and peace we so firmly believe in. I want to thank you all once again for supporting Taiwan. We will strive alongside our partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. Yushan is also known as Jade Mountain. It is Taiwan’s highest peak and stands as firm as our unwavering spirit. During this critical time of global change and transformation, the Yushan Forum is a place where we can share our experiences, and more importantly, lay down firm foundations for exchanges and cooperation among our countries. This way, we can create greater stability for the region and greater prosperity for the world. I wish everyone a successful forum. Thank you. Also in attendance at the event were former Prime Minister of Denmark and Alliance of Democracies Foundation Chairman Anders Fogh Rasmussen, former Prime Minister of the Republic of Slovenia Janez Janša, Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji, and American Institute in Taiwan Taipei Office Director Raymond Greene.

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    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News –

    March 21, 2025
  • MIL-OSI: Roach Howard Smith & Barton Selects Applied Pay to Digitize Premium Payments

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., March 20, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced that Roach Howard Smith & Barton (RHSB), the exclusive Assurex Global partner in North Texas, has adopted Applied Pay to simplify and speed up their premium collection process. The firm is using Applied Pay with its native integration into its core management system to automate payment reconciliation, reducing the efforts and delays associated with collecting paper check payments.

    “Our staff experienced a lot of delays waiting for checks to arrive and utilized valuable personnel resources sorting the mail and determining which payments went to which accounts,” said Stacie Rand, AVP, Quality Program Manager, RHSB. “Applied Pay’s convenient payment link eliminates the need for clients to mail in paper checks, ensuring we receive their payments in a timely fashion and can reconcile them with minimal effort.” 

    Applied Pay is a cloud-based electronic payments hub that enables agents and brokers to provide their clients with a secure, online way to pay for new and recurring premiums. Directly integrated into Applied Epic, Applied CSR24 and EZLynx Client Center, Applied Pay provides intuitive, branded checkout pages where policyholders can go to pay for premiums via credit/debit card or ACH bank transfer. It automatically handles payment authorization and tokenizes sensitive information to increase security and ensure compliance. The solution also leverages intelligent automation to reconcile receivables at the account level, reducing the time and effort presently needed to reconcile payments.

    “Agencies need to be thoughtful and strategic about how they utilize their resources, and unfortunately, manually collecting and reconciling payments squanders valuable time and labor,” said Chase Petrey, President, Applied Pay, Applied Systems. “Applied Pay’s full-cycle accounts receivable capabilities relieve this burden, reducing internal workloads so the RHSB team can devote more time to their clients.”

    # # #

    The Applied products and logos are trademarks of Applied Systems, Inc., registered in the U.S.

    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    About RHSB
    RHSB (Roach Howard Smith & Barton) is an insurance brokerage firm with a rich history spanning 80 years. It was established through the merger of two distinguished agencies, united by a shared commitment to service and complementary strengths in product offerings and industry expertise.  The company takes pride in its extensive experience and client-centric approach. It is the exclusive Assurex Global partner in North Texas. RHSB maintains its roots in Dallas and Fort Worth, with offices in both cities providing a suite of services to businesses, families, and individuals. Their offerings encompass a wide range of insurance solutions, risk management strategies, and employee benefit plans, serving clients locally, nationally, and globally. RHSB’s dedication to client-first service and community engagement continues to be the cornerstone of its success and reputation.

    The MIL Network –

    March 21, 2025
  • MIL-OSI: ASUS to Unveil First-Ever Zenbook Ceraluminum Signature Edition at Milan Design Week 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 20, 2025 (GLOBE NEWSWIRE) — ASUS today announced plans to unveil four Signature Edition Zenbook S models globally at the “Design You Can Feel” exhibition during Milan Design Week 2025. This exclusive release transforms the Zenbook S into a narrative of nature’s splendor through four Ceraluminum™-crafted, nature-inspired finishes, each a tribute to Earth’s dynamic landscapes. At the same time, it reinforces the Zenbook S legacy of combining high-performance technology with refined, functional aesthetics.

    Ceraluminum™- Inspired by Nature, Engineered for a Sustainable Future

    At the core of this collection is ASUS’ patented Ceraluminum™ technology—a revolutionary material that redefines durability and sustainability. Used in both the Zenbook S series and Zenbook A14, Ceraluminum™ combines the lightness of aluminum with the resilience of ceramic. The process involves ceramizing aluminum, resulting in a lighter material with fracture toughness three times higher than anodized aluminum. By eliminating conventional chemical processes, Ceraluminum™ is 100% environmentally responsible. This breakthrough delivers an exceptional aesthetic that celebrates nature’s diversity and underscores ASUS’ commitment to eco-friendly innovation.

    The Make of Ceraluminum™ | ASUS Zenbook 

    Zenbook S– Where Art Meets Advanced Engineering 

    The Signature Edition series is rooted in the heritage of the iconic Zenbook S line, combining high-performance technology with refined, functional design. Built with the robust internals of the Zenbook S Copilot+ PC, it features state-of-the-art CNC milling, an ultra-slim chassis, a dedicated Windows Copilot key, and an immersive ASUS Lumina OLED display. Powered by the latest AI-enabled Intel® Core™ Ultra processor, it ensures swift performance, reliable multitasking, and enhanced efficiency—all in an ultra-quiet, cool operating environment.

    Ceraluminum™ Signature Edition elevates the legacy of the Zenbook S by transforming premium technology into a sensory-rich experience resonating with untapped nature’s wonder.

    ASUS Zenbook Design Why and How 

    An Immersive Journey into Design and Innovation 

    The “Design You Can Feel” exhibition in Milan invites visitors to embark on an immersive journey where technology, craftsmanship, and nature converge. Alongside interactive installations by Studio INI, attendees can experience firsthand the tactile beauty of Ceraluminum™ and the refined elegance of the Signature Edition Zenbook S. This dynamic showcase reinforces ASUS’ commitment to crafting products that resonate emotionally, perform flawlessly, and set new standards for sustainable innovation.

    Design You Can Feel

    Galleria Meravigli

    Via Gaetano Negri 6, 20123 Milano, Italy

    April 8 to 13, 2025

    10:00AM to 6:00PM daily

    For more information about the exhibition in Milan Design Week 2025:

    ASUS Zenbook series “Design You Can Feel”

    NOTES TO EDITORS

    More on ASUS at the Milan Design Week: https://www.asus.com/ca-en/content/zenbook/

    ASUS Zenbook: https://www.asus.com/ca-en/laptops/for-home/zenbook/

    ASUS ProArt: https://www.asus.com/ca-en/proart/

    ASUS Vivobook: https://www.asus.com/ca-en/laptops/for-home/vivobook/

    ASUS LinkedIn: https://www.linkedin.com/company/asus/posts/

    ASUS Pressroom: http://press.asus.com

    ASUS Canada Facebook: https://www.facebook.com/asuscanada/

    ASUS Canada Instagram: https://www.instagram.com/asus_ca

    ASUS Canada YouTube: https://ca.asus.click/youtube

    ASUS Global X (Twitter): https://www.x.com/asus

    About ASUS

    ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/642d63f7-478b-4c04-8892-7372a635bfdc

    The MIL Network –

    March 21, 2025
  • MIL-OSI: Global Drone Services Market Size Predicted to Surpass Around $555 Billion By 2034

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 20, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone services worldwide market has been growing substantially in recent years and is projected to continue into the several years to come. According to a report from Precedence Research, the global drone services market size accounted for USD 24.56 billion in 2024, grew to USD 33.55 billion in 2025 and is predicted to surpass around USD 555.58 billion by 2034, representing a healthy CAGR of 36.60% between 2024 and 2034. The North America drone services market size is calculated at USD 8.84 billion in 2024 and is expected to grow at a fastest CAGR of 36.78% during the forecast year. The report said: “North America held the highest share of the global drone services market in terms of value. This is due to major service providers’ presence and early adoption of high-end drone technologies. Furthermore, the region’s market is driven by increased demand for aerial photography in the real estate and construction sectors. The US is a significant market for drone services in North America, accounting for a large share of the region’s market.   Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. Large drone service providers exist in APAC countries such as China and Japan. Limited regulation on commercial drone use and price drop drive market demand. Furthermore, the rise is attributed to increased government and OEM investments in drone services propelling the market. The rising demand for industry-specific solutions and the increasing demand for time-efficient delivery are driving the growth of the drone service market… Along with this, the growing initiative from governments and regulatory bodies to develop drones propels the market forward.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AgEagle Aerial Systems Inc. (NYSE: UAVS), Unusual Machines (NYSE: UMAC), ParaZero Technologies Ltd. (NASDAQ: PRZO).

    Precedence Research continued: “Due to the widespread availability of low-cost drones, photography has become well-known for applications requiring high-resolution cameras. Aerial photography offers new perspectives on innovative city projects, large township projects, and multi-story building projects. Mini drones are also becoming popular for wedding photography and videography. Furthermore, the real estate and infrastructure industries also see increased demand for drones. Drones are used for various commercial purposes, including agriculture, transportation, mapping, aerial photography, and videography. Drones increase productivity and improve farming methods. The growing demand for precision farming propels the agricultural industry and expands the drone services market. Precision farming has the potential to increase crop productivity.”

    ZenaTech (NASDAQ:ZENA) Signs Seventh LOI to Acquire a Land Survey Company in Southeast Region Contributing to Drone as a Service Strategy – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire a seventh land survey engineering company located in Florida, marking the fourth LOI in the Southeast Region. The company has closed one acquisition in this region to date so upon completion, this would be the second closed acquisition in the Southeast Region. Having two locations in this region will serve as a launchpad to further regional development and ZenaTech’s national DaaS business model bringing the speed and precision of AI drone solutions in a convenient subscription or pay-per-use business model to commercial and government customers.

    “Florida is strategic to our Drone as a Service strategy as it offers year-round flying conditions, a favorable innovation environment including consistent state-wide regulations, and existing government drone use for public safety, disaster response, and transportation monitoring. With growing commercial sector interest in agriculture, real estate, construction, and industrial inspection applications, we see multiple growth paths to help customers use drones to drive extraordinary efficiencies,” said CEO Shaun Passley, Ph.D.

    ZenaTech’s Drones as a Service or DaaS model is similar to Software as a Service (SaaS), but instead of providing software solutions over the Internet, the company will offer ZenaDrone solutions and services on a subscription or pay-per-use basis. Customers can conveniently access drones for manual or time-consuming tasks achieving more insight and precision, such as for surveying, inspections, security and law enforcement, or precision agriculture applications, without having to buy, operate, or maintain the drones themselves.

    The DaaS business model offers customers such as government agencies, real estate developers, construction firms, farmers or energy companies reduced upfront costs as there is no need to purchase expensive drones, as well as convenience, as there is no need to manage maintenance and operation. The model also offers scalability to use more often or less often based on business needs and enables access to advanced drone technology sensors or attachments like spraying, without the need for specialized training.

    Accurate land surveys are essential for the planning, designing, and executing roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the drone industry include:

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Mr. Huazhi Hu, Founder, Chairman and Chief Executive Officer of EHang: “We are thrilled to have concluded 2024 with a series of achievements that have propelled us closer to the widespread commercial adoption of eVTOLs. As a pioneer in the UAM industry, we achieved our highest-ever quarterly and annual eVTOL deliveries, driving revenues to record-high levels and delivering our first year of non-GAAP profitability. This underscores the accelerating adoption of our pilotless eVTOL solutions. We worked on our production capacity expansion, deepened ecosystem partnerships for infrastructure and talents, and advanced our footprint in Asia, Europe and South America. Looking ahead to 2025, our focus remains on driving innovation, expanding our operational network, and scaling production to meet increasing demands and unlock the full potential of UAM. We are confident in our ability to lead the transformation of aerial transportation and deliver long-term value to our stakeholders.”

    AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, recently announced the recent completion of a successful four-day proof-of-concept demonstration with France’s Directorate General for Maritime Affairs, Fisheries, and Aquaculture (DGAMPA) testing eBee VISION’s advanced capabilities.

    AgEagle CEO Bill Irby commented, “This successful demonstration underscores the potential of the eBee VISION for enhancing maritime security and environmental protection efforts. Multiple flights were carried out in diverse conditions, both day and night. Our eBee VISION demonstrated outstanding performance, operating within a 20 km range and temperatures as low as 5°C, as well as landing smoothly on sand. Throughout the trials, various observation scenarios were tested for maritime control and surveillance, all of which were completed with positive results. This success not only highlights the robust performance of our technology but also validates the potential for growth across various markets.”

    Unusual Machines (NYSE: UMAC), a leading provider of NDAA-compliant drone components, recently announced that its Fat Shark Aura FPV Camera has been added to the U.S. Defense Department’s Defense Innovation Unit’s (DIU) Blue UAS Framework. It is the only camera on the Blue UAS list purpose-built for first person view (“FPV”) applications, providing a high-performance, NDAA-compliant option for defense and government users.  

    This approval marks another step forward in Unusual Machines’ mission to supply NDAA-compliant FPV components for both commercial and defense applications. The Fat Shark Aura FPV Camera joins the Rotor Riot Brave F7 Flight Controller and Brave 55A ESC, both of which have already been approved under the Blue UAS Framework.

    ParaZero Technologies Ltd. (NASDAQ: PRZO), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, recently announced that is has received its first order from the strategic partnership that the company recently announced that it entered into with ABOT, one of France’s largest drone distributors of advanced drone solutions for various industries. This partnership, announced earlier this month, was established as part of the company’s effort to expand the availability of its cutting-edge SafeAirTM parachute recovery systems in the French market. Under this new collaboration, ABOT will become an official reseller of ParaZero’s SafeAir products in France, with the two companies jointly launching a new brand, ABOT-PZ SafeAir, to align with local market preferences.

    ParaZero’s SafeAir system is a state-of-the-art drone safety solution designed to enable safe and legal drone operations in urban and high-risk environments. The system features an autonomous parachute deployment mechanism, real-time monitoring and advanced failure detection, ensuring a controlled descent in the event of an emergency. SafeAir provides a critical safety layer for commercial drone operations, supporting compliance with global aviation regulations.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

    March 21, 2025
  • MIL-OSI: First Financial Corporation Declares Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    TERRE HAUTE, Ind., March 20, 2025 (GLOBE NEWSWIRE) — The directors of First Financial Corporation (NASDAQ: THFF) have declared a dividend of 51 cents per share payable on April 15, 2025, to shareholders of record at the close of business April 1, 2025.

    First Financial Corporation is the holding company for First Financial Bank N.A. in Indiana, Illinois, Kentucky, Tennessee, and Georgia.

    For more information contact:
    Rodger A. McHargue at (812) 238-6000

    The MIL Network –

    March 21, 2025
  • MIL-OSI United Kingdom: Environment Agency and Oxford City Council act on Government calls to unlock growth

    Source: City of Oxford

    The Environment Agency and Oxford City Council have acted on Government calls to unlock growth.

    • Partnership unlocks 18,000 new homes whilst ensuring high standards of environmental protection
    • A new solution to development follows Government calls to unlock growth
    • Environment Agency won’t seek a planning condition and Oxford City Council can now determine planning applications with benefit of increased confidence in, and oversight of, waste water treatment scheme

    A partnership between the Environment Agency and Oxford City Council has secured the infrastructure needed to allow the development of around 18,000 new homes in and around Oxford, delivering change in the area in line with the Government’s ambition to unlock growth.

    The move follows Government calls for growth-boosting measures and the delivery of homes and investment for local communities. It could form the blueprint to unlock a number of projects around the country where the right wastewater infrastructure is needed before development can go ahead.

    The EA had previously challenged planning applications for new housing over concerns about sewage treatment capacity which posed a risk to water quality if developments had gone ahead as planned.

    Following a rigorous process to find a solution to unlock the new homes, the EA, Oxford City Council and Thames Water have now agreed a scheme which can provide the capacity needed at the Sewage Treatment Works to allow for the occupation of development from 2027, in line with local plans.

    Technical experts at the EA have ensured that Thames Water has now presented a clear, fully costed and funded programme of work, providing the confidence and certainty that water quality will be protected and communities in the area will have the water services they need, while allowing projected growth to come forward.

    The EA will shortly be writing to Oxford City Council and other affected Local Planning Authorities with their revised advice.

    “After a rigorous process, we have secured the water services and environmental protections which communities in Oxford need to thrive in their new homes. Oxford City Council now have everything they need to decide if the development goes ahead.

    “The Environment Agency believes that protecting the environment and sustainable development can go hand in hand, now and into the future. This kind of powerful partnership working is exactly what’s needed to unlock homes and jobs whilst protecting nature.”

    Philip Duffy, Chief Executive at the Environment Agency

    “I am delighted that the joint working between Oxford City Council and the EA has got us to this point. This is a great example of collaborative working to help solve a major issue for the city and the surrounding area.

    “We look forward to receiving the EA’s letter, so we can determine our next steps as Local Planning Authority and work at pace to unlock the growth and new homes currently stalled across the city.”

    Councillor Susan Brown, Leader Oxford City Council

    “This Government is determined to go further and faster to kickstart economic growth through our Plan for Change and put more money in people’s pockets. This work to unlock housing and commercial development in Oxford is just the kind of action that will unleash the potential of the Oxford-Cambridge Growth Corridor and grow our economy.”

    Chancellor of the Exchequer, Rachel Reeves

    Notes to Editors

    • Ahead of a full upgrade in 2031, Thames Water will introduce an interim scheme in 2027 to provide wastewater capacity. The scheme has been reviewed and modelled by the Environment Agency, who will use their regulatory grip, working alongside Defra and Oxford City Council to ensure that Thames Water deliver against the agreed timeline.
    • Oxford City Council, as lead planning authority, will now make the final planning decision to determine if the proposed development goes ahead.

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: UK, France and Switzerland announce new anti-corruption alliance

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK, France and Switzerland announce new anti-corruption alliance

    UK, France and Switzerland announce new alliance to tackle bribery and corruption threat 

    The UK’s Serious Fraud Office, France’s Parquet National Financier (PNF) and the Office of the Attorney General of Switzerland (OAG) today affirmed their shared commitment to tackling international bribery and corruption at an event in London.   

    The agencies also founded a new taskforce to strengthen collaboration.  

    All three countries have wide-reaching anti-bribery legislation with jurisdiction to prosecute criminal conduct that occurs overseas, if there is a link to the prosecuting country.   

    The taskforce will strengthen existing ties between these countries and lead to greater joint working on cases, as well as sharing of insight and expertise.   

    The statement can be seen here.

    Nick Ephgrave, Director of the Serious Fraud Office, said:

    The commitment we have made today reaffirms our individual and collective commitment to tackling the pernicious threat of international bribery and corruption, wherever it occurs. 

    We will make use of every power and partnership available to confront this criminality. This taskforce is an important step forward in our approach.

    Jean-François Bohnert, Head of the Parquet National Financier, said:

    I am delighted that ten years of operational cooperation between the PNF, SFO and OAG are developing today into the setting up of a prosecutorial taskforce.

    This taskforce will definitely strengthen our current cooperation in order to fight more efficiently against bribery and corruption in individual cases.

    Stefan Blättler, Attorney General of the Swiss Confederation, said:

    Within the framework of this cooperation, we will be able to help ensure that fraud and crime can be better combated in the future.

    This task force is of great importance for Switzerland.

    Solicitor General Lucy Rigby KC MP said:

    I welcome the SFO’s commitment to working even more closely with their French and Swiss partners, including setting up this new taskforce to tackle international bribery and corruption.

    Through strong international partnerships, we will be able to robustly tackle cross-border economic crime and protect our future prosperity.

    Press Office

    Email news@sfo.gov.uk

    Out of hours press office contact number +44 (0)7557 009842

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    Published 20 March 2025

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: St Albans Museums Shortlisted for National Award Following Award Wins at Hertfordshire Association of Museums

    Source: St Albans City and District

    Publication date: 20 Mar 2025

    St Albans Museums has been shortlisted for a prestigious national award following a number of award wins locally at Hertfordshire Association of Museums. 

    The Catching the Chain exhibition, which explores the history of criminal justice, and is on display at St Albans Museum + Gallery until 21 April, has been nominated for Temporary or Touring Exhibition of the Year at the 23rd annual Museum + Heritage Awards. 

    The awards celebrate the very best of museums, galleries, and cultural and heritage visitor attractions. The ceremony to reveal the winners will take place on the evening of Thursday 15 May 15 2025 at Hilton Park Lane, London. 

    Other shortlisted museums across the 18 categories include the British Museum, the Natural History Museum, and Horniman Museum and Gardens.

    More locally, the Museums Team have picked up awards for two Arts Council England funded projects at the Hertfordshire Association of Museums awards. The team won the Creative Health Award for their year-long Community in Residence programme with Hertfordshire M.E. / Chronic Fatigue Syndrome Support Group. 

    Learning and Engagement Officer Danielle Cavender-Handley and Archaeologist Tom Lucas each received a Heritage Hero award for their work on Digitising the Park, including the Tread the Past trail around Verulamium Park, Voicing Verulamium in the Hypocaust and the Roman Town House project with Passport to Leisure.

    Councillor Paul de Kort praised the museums team as part of the Leader’s Announcements in this week’s St Albans City and District Strategy and Resource Committee meeting. 

    Councillor Anthony Rowlands, Lead for Museums, echoed Cllr de Kort’s sentiments and said:

    It is wonderful to see the hard work of the museums team being recognised both regionally and nationally. From year-long community focussed programmes to exhibitions and projects which bring history to life, the variety and breadth of what our museums can offer is something to be proud of. We thank Arts Council England for their generous NPO funding which has made each of these projects a possibility.

    Photo above: Danielle Cavender-Handley, right, and Tom Lucas, left, receiving their awards.

    Notes to Editors

    About St Albans Museums

    • St Albans Museums is an award-winning local authority funded museum service which manages and operates two museums, a number of heritage sites and Ancient Scheduled Monuments and cares for the City’s nationally significant collections.
    • Amongst its portfolio, the museum service’s key sites include the city-centre venue St Albans Museum + Gallery and Verulamium Museum, a specialist Roman museum located in a much-loved local park.
    • The Museums operate as part of St Albans City and District Council (SADC) and receive core funding as part of the Community and Place delivery directorate.
    • In April 2023, the Museums Service was awarded just over £1m in funding from Arts Council England as part of its National Portfolio Organisation (NPO) programme. The NPO status has seen the Museums embark on an ambitious programme of events and activities which will be delivered between April 2023 and March 2026.
    • Follow @stalbansmuseums on Facebook, Twitter and Instagram for latest news and updates.
    • St Albans Museums’ collections comprise a wide range of artefacts relating to the development of St Albans over the centuries, from a market town to the modern City we see today.
    • For more information about what is on, visit www.stalbansmuseums.org.uk/whats-on where you can view full listings.
    • St Albans Museum + Gallery is free to visit and open to the public every day 10am – 4pm.
    • Verulamium Museum is a charged-for museum and is open to the public every day 10am-4pm

    About Hertfordshire Association of Museums

    The Hertfordshire Association of Museums is a dynamic and active network supporting all people who work for or volunteer in our museums with the aim of increasing awareness and raising professional standards. Each year, the association delivers a programme of training, network events and meetings plus an annual awards event.

    About Museums + Heritage Awards

    The global awards celebrate the very best in the world of museums, galleries, and cultural and heritage visitor attractions.

    Full shortlist and more information available here: https://awards.museumsandheritage.com

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: Hertfordshire’s councils and OPCC submit joint response to Government on local government reform

    Source: St Albans City and District

    Publication date: 20 Mar 2025

    All 11 councils in Hertfordshire and the Office of the Police and Crime Commissioner (OPCC) have agreed a joint interim response to the Government outlining a number of initial options for the reorganisation of local government structures in the county.

    Hertfordshire is what’s known as a two-tier area with the county council responsible for services such as libraries, highways and transport, adult social care and children’s services, and 10 district and borough councils providing services such as bin collections, street cleaning, environmental health, leisure and housing. The Police and Crime Commissioner is responsible for the oversight of policing across the county.

    As part of its plans to reshape local government, on 5 February the Government invited councils in all two-tier areas to submit an interim plan by 21 March for moving to a single tier of unitarity councils providing all services.

    Hertfordshire’s councils and the OPCC’s shared priorities are ensuring any changes benefit residents and businesses, excellent local government services are maintained, residents are kept safe, and strong democratic accountability is available to communities across the county.

    All 11 councils and the OPCC worked together to produce the interim submission which has been shared with elected members at each individual organisation and Hertfordshire’s MPs.

    The submission sets out a number of options for further consideration, ranging from one to four unitary councils providing all services. 

    It also includes early thinking on how each option could support devolution, improve services, deliver value for money and maintain strong links to communities. 

    While a joint submission has been agreed, councils have differing views on the options set out and no decisions are being made at this stage. 

    Councils and the OPCC will continue to collaborate over the coming months to collate and analyse further evidence for each option. 

    The Government will provide feedback on the interim submission which will also inform the development of final proposals to be submitted to the Government by 28 November 2025 for a decision by Ministers.

    The views of residents, businesses, local government partners, colleagues, and other stakeholders across the public and private sectors will be essential as proposals develop. All councils and the OPCC are committed to providing updates throughout the process.

    Councillor Paul de Kort, Leader of St Albans City and District Council, said: 

    There is still considerable work to be undertaken before a decision should be made on the best option for restructuring local government in Hertfordshire.

    We are keeping an open mind until we consult with our residents as well as important stakeholders such as local businesses, other public agencies, parish councils,  voluntary groups and charities. Their views must be heard and taken into account.

    There is also a need for much more guidance from the Government about many crucial aspects of the restructuring they are demanding.

    We need to gather all this information, discuss and analyse it, before we can throw our weight behind one particular option. 

    The last reorganisation has lasted more than 50 years and this current one may well do the same, so it is vital we get this right and do not rush any decision.

    Notes to Editors:

    Interim Submission: Local Government Reorganisation in Hertfordshire will appear here: https://www.stalbans.gov.uk/local-government-reorganisation

    The statutory invitation from the Government received on 5 February to submit proposals for the reorganisation of local government structures in the county.

    The English Devolution White Paper: English Devolution White Paper – GOV.UK

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: Palestinian City chosen for City of Friendship

    Source: City of Preston

    Preston City Council Members have chosen the city of Hebron in Palestine to explore the possibilities of an informal friendship agreement between the two cities. 

    The city council announced last year that it was keen to strike up a friendship with a town or city in the Palestinian territories that had a shared interest with Preston.

    The alliance would form a friendship to promote lasting peace, understanding and solidarity across the miles.  

    Hebron is considered one of the oldest cities in the Middle East, located in the southern part of the Occupied West Bank, 30 kilometres (19 miles) south of Jerusalem.

    It has a population of more than 201,000 and is believed to have lots of commonalities with Preston including a multi-cultural and diverse population.  

    Hebron is a chief commercial and industrial centre in the region with its main trade in limestone from nearby quarries and with a local reputation for grapes, figs, ceramics, plastics and pottery.  

    The City of Derby signed an agreement as a Sister City Relationship between themselves and the City of Hebron (Al Khalil), Palestine in January 2014, in recognition of their friendly ties.

    Councillor Nweeda Khan, Cabinet Member for Communities and Social Justice at Preston City Council said:

    We are working with Derby City Council, which is formally twinned with Hebron to learning from them and their positive experience of a successful friendship agreement with this progressive Middle Eastern city. We are looking forward to progressing our friendship plans and are supported by the Friendship of Palestine organisation. 

    Mukhtar Master, Muslim Representative on the Preston Faith Covenant said:

    Hebron, also known as Al-Khalil, would be an excellent choice by Preston City Council.  

    The mosques of Preston made the formal approach to the council to establish a twinning or friendship arrangement with a Palestinian city. Hebron (Al-Khalil) is the resting place of the Prophet Abraham, hence it has immense significance, not only for Islam, but also for Christianity and Judaism.

    Councillor Matthew Brown, Leader of Preston City Council said;

    This is a friendship arrangement that could have mutual benefits for both cities, promoting peace and understanding throughout both ours and Hebron’s multi-cultural communities. I welcome the friendship between the two cities, as a symbol of solidarity between all faiths and communities, one that will foster communication, inclusion and tolerance.

    Preston City Council would consider friendship alliances with other towns and cities around the world on request from Preston-based communities, including Jewish Faith Covenant representatives and a similar friendship organisation to form a future friendship arrangement with a town or city in Israel.  

    Additional Information

    Preston City Council actively applies and prioritises the principles of Community Wealth Building wherever applicable and appropriate. Community Wealth Building is an approach which aims to ensure the economic system builds wealth and prosperity for everyone. 

    Image source – from the Welcome to Palestine website.

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: PR Cruise Ships and Manche Iles Express 2025 Thursday 20 March 2025

    Source: Channel Islands – States of Alderney

    Press Release
    Date: 20th March 2025

    Alderney is getting ready to welcome 9 luxury cruise ship visits this summer.

    The Island’s special brand of welcoming hospitality will also be in full swing for several visits of the France-based ferry company Manche Iles Express.

    “This is a great opportunity to showcase Alderney’s famous warm welcome,” said Visit Alderney’s Caroline Gauvain. “Although the cruise ship guests are here for only a short time, we are confident they’ll enjoy our hospitality and our unique island and want to come back for a longer stay next time.”

    The scheduled cruise ship visits are:
    • Tuesday April 29 – Ocean Nova (morning)
    • Wednesday July 2 – MS Hamburg (morning)
    • Sunday July 13 – MS Hamburg (morning)
    • Wednesday August 6/Thursday 7 August – Hebridean Princess (overnight 8.30pm-1pm)
    • Saturday August 9/Sunday 10 August – Hebridean Princess (overnight 1pm-8am)
    • Sunday August 31 – Island Sky (all day)
    • Monday September 1/Tuesday 2 September – Hebridean Princess (overnight 5pm-1pm)
    • Sunday September 7 – Island Sky (all day)
    • Tuesday September 9 – MS Hamburg (afternoon)

    The full schedule is available at www.harbours.gg/cruiseships.

    Scheduled visits by Manche Iles Express from Dielette are:
    Sunday 4 / Friday 23 / Sunday 25 May
    Sunday 6 /Sunday 20 July
    Monday 4 / Monday 18 August
    Sunday 7 September

    They will also be running from Alderney to Diélette for the French Exchange on 7 June, with a return sailing on 8 June evening. Information: www.manche-iles.com/en

    End

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI United Kingdom: Leeds brown bin service resuming from next week

    Source: City of Leeds

    Fortnightly garden waste collection service restarts from Monday 24 March

    The latest sure sign that spring has arrived comes with the announcement that brown bin collections in Leeds will restart next week.

    Alongside visible signs of the change of season such as daffodils appearing in bloom at the roadside, the annual resumption of garden waste collections in the city after their winter hiatus will encourage all those in Leeds with green fingers to begin venturing out into their gardens once again.

    For all Leeds residents who receive a brown bin garden waste collection the fortnightly service will restart from Monday (24 March). All collection dates by property can be seen at www.leeds.gov.uk/mybinday while reminders can also be sent directly to smartphones by downloading the popular Leeds Bins app.

    Leeds City Council delivers the largest garden waste collection service by any council in the UK, annually collecting more than 31,000 tonnes of garden waste from 220,000 households across the city. All garden waste collected by the council is composted locally and used in farming, horticulture and local land restoration projects.

    As a reminder Leeds City Council, unlike other local authorities, does not charge households to receive a garden waste collections service. It is there to assist households in managing their garden waste and to reduce the amount of such waste that was historically going in the black bin, rather than accommodating all garden waste produced by all sizes of gardens.

    Larger amounts of garden waste produced by bigger gardens or any excess garden waste can be taken for free to any of the council’s eight household waste and recycling centres, which are all open all year round, seven days a week. Details for these can be seen at www.leeds.gov.uk/recycling.

    Those with gardens or greenspace are also encouraged to consider other environmentally beneficial ways to use or dispose of garden waste. These include leaving grass cuttings on lawns, reusing garden waste by composting or creating piles for insects, birds and other local wildlife, which will help both the eco-system and the garden itself.

    For those interested in starting to home compost to help the environment, hints, tips and specially-discounted composters are available via www.leeds.gov.uk/composting.

    Leeds City Council’s executive member for climate, energy, environment and green space, Councillor Mohammed Rafique said:

    “With signs of the weather now slowly warming up and visible evidence of new life and spring appearing in fields and green spaces around the city, we are pleased to be restarting the brown bin garden waste collections service again.

    “We are very proud of being able to continue to offer the largest garden waste collection service of any council in the UK at no charge, and would encourage everyone to do their bit by thinking about what they can do to help the environment in their own garden or green space or wider local community.”

    ENDS

    For media enquiries please contact:

    Leeds City Council communications and marketing,

    Email: communicationsteam@leeds.gov.uk

    Tel: 0113 378 6007

     

     

    MIL OSI United Kingdom –

    March 21, 2025
  • MIL-OSI Russia: Financial news: 03/20/2025, 12:31 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A0JWVL2 security (EuroplanB7) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    03/20/2025

    12:31

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 20.03.2025, 12-31 (Moscow time), the values of the upper limit of the price corridor (up to 115.79) and the range of market risk assessment (up to 1303.52 rubles, equivalent to a rate of 10.0%) of the RU000A0JWVL2 (EuroplanB7) security were changed.

    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 access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N78676

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI Russia: Financial news: 03/20/2025, 13-43 the values of the lower limit of the repo price corridor, the transfer rate and the range of interest rate risk assessment for the OZON security (OZON-adr) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    03/20/2025

    13:43

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on March 20, 2025, 13:43 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -20.0%), the transfer rate and the range of interest rate risk assessment (up to -2.88 rubles, equivalent to a rate of 47.59%) of the OZON security (OZON-adr) were changed.

    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 access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

    March 21, 2025
  • MIL-OSI USA: Upcoming Discussions on Public Health, Ecology Designed to Get People ‘Thinking Globally’

    Source: US State of Connecticut

    A series of virtual panel discussions this semester from the Office of Global Affairs and International Studies Association aims to prompt students, faculty, and the community to think bigger than themselves, even bigger than UConn, when considering issues that touch nearly every corner of the world.

    “Thinking Globally in 2025” is tackling such topics as public health and ecology in March and April, after having looked at media and misinformation in late February.

    “In some ways, I see this as curating the relevant expertise that’s out there to help people begin to make sense of an incredibly confusing and quite scary world,” says Jane Anna Gordon, a political science professor and series co-organizer. “We want people to come away with the sense that we need a big, broad, diverse community of people if we have any hope of understanding the globe.”

    Sarah W. Dorr, director of professional development at the International Studies Association (ISA) and a research scholar in Global Affairs, says she conceived of the series after noting that ISA members and UConn faculty have vast expertise in a variety of fields, but hadn’t come together for interdisciplinary discussions.

    After developing the idea for a speaker series that would draw from UConn’s faculty and ISA’s national and international network, Dorr approached Global Affairs and connected with Allison Casaly ’12 (CLAS), who serves as its global partnerships manager.

    Casaly says her office also was looking to begin a speaker series, as was Gordon, who had put together a fall-time faculty seminar around the theme of thinking globally. With combined efforts, the three planned for “Thinking Globally” to kick off this semester, featuring three topics they considered particularly impactful in the contemporary world.

    The first, “Our Digital World: Media and Misinformation,” featured UConn journalism assistant professor Amanda J. Crawford as moderator, and as panelists UConn journalism department head and professor Marie K. Shanahan and UConn communication assistant professor Jiyoun Suk, along with Dmitry Chernobrov from the University of Sheffield, England.

    About 80 people registered for the virtual discussion, Dorr says, about half from UConn. The event was open to anyone affiliated with the University or ISA, or from the wider community.

    “With all of the uncertainty going on in the country and in the world, it’s valuable to provide a forum where people can gather and learn about issues, while having the opportunity to ask questions of the experts that we bring in,” Casaly says.

    Dorr adds, “In addition to promoting interdisciplinary discussion, one of the main aims of the series is to get academic expertise down the pipeline and make it available to the wider public in this age of misinformation.”

    The second discussion, “Our World: Public Health,” will happen March 25, featuring Joy Elwell from the UConn schools of Nursing and Medicine as moderator, and as panelists Fumilayo Showers, an assistant professor of sociology and Africana Studies at UConn; Elsio A. Wunder, an assistant professor of pathobiology and veterinary science at UConn; and Stevan M. Weine from the University of Illinois.

    “Our Ecological World: Oceans & Waterways” will happen April 22, featuring Matthew McKenzie, a history professor at UConn; Carmel Christy K.J., a postdoctoral research associate at the Gladstein Family Human Rights Institute at UConn; James O’Donnell, a UConn professor and executive director of the Connecticut Institute for Resilience and Climate Adaptation; Eduardo Urios-Aparisi, an associate professor of Spanish studies and applied linguistics and discourse studies at UConn, along with Neil Oculi from the University Portland and Henry Carey from Georgia State University as moderators.

    While the three organizers say promoting and engaging people with the series is the primary goal, they hope to expand it in the fall and offer it as a for-credit class to UConn students, similar to the online, asynchronous popup course on antisemitism that’s been held since 2022.

    For this course, they expect to require students not just to learn but take that learning and think about what they can do with it through some sort of public project.

    “We want students to take away a holistic understanding of the issue,” Casaly says. “By having people from different disciplines talk about the same broad theme, we’re hoping people can appreciate the diversity of perspectives that exist and the value those different perspectives bring to understanding the issue.”

    Dorr also suggests there may be an opportunity to expand the series into a podcast or abbreviated video format, sort of a here’s-what-you-need-to-know-from-the-experts.

    Snapshots like this might be good teaching tools too, Gordon says.

    “I’m open to any ideas that people may have about how to further all this fantastic content,” Dorr adds.

    While they understand some topics might be more attractive draws for audiences, ideally, they hope to develop a core group that shows up regularly and can take what they learn each month back to their personal and professional contacts.

    “We’re in such a confusing time,” Gordon says. “On the one hand, we’re part of a globe – think about COVID, the transmission of information, election meddling. But at the same time, we’re in a period in which those who are ascending politically are trying to deglobalize or at least become much more exclusionary. That becomes very contradictory and makes people feel nihilistic and isolated. Being able to talk with other people about this, how to work through it, and what to do in response is really urgent.”

    Registration for the March 25 and April 22 events can be done online from the ISA website. The ISA is an interdisciplinary association with more than 7,000 members dedicated to international, transnational, and global affairs. While it’s work spans international borders, it is based at UConn.

    MIL OSI USA News –

    March 21, 2025
  • MIL-OSI USA: U.S. ethane production, consumption, and exports set new records in 2024

    Source: US Energy Information Administration

    In-brief analysis

    March 20, 2025


    U.S. ethane production, consumption, and exports reached record highs in 2024, according to recent data from our Petroleum Supply Monthly. Increasing ethane recovery associated with natural gas production and continued growth in the domestic and global petrochemical sectors drove these increases.

    U.S. ethane production rose 7% to average a record 2.8 million barrels per day (b/d) in 2024, driven by increased ethane recovery in the Permian Basin. In the United States, almost all ethane is recovered at natural gas processing plants, which remove ethane and other natural gas plant liquids (NGPL) from raw natural gas. The Texas Inland and New Mexico refining districts, which span the Permian Basin, accounted for 63% of all U.S. ethane production in 2024, up from 61% in 2023. Production in those districts averaged 1.8 million b/d, up 9% from 2023. The Appalachian No. 1 Refining District, which straddles most of the Appalachian Basin in Pennsylvania and West Virginia, produced a record 327,000 b/d in 2024, up 13% from 2023. It accounted for 12% of the U.S. total, up from 11% the previous year.

    Domestic ethane consumption, measured as product supplied, rose 8% in 2024 to a record 2.3 million b/d. In the United States, ethane is consumed almost exclusively in the petrochemical industry as a feedstock for steam crackers to produce ethylene. The rise in consumption came from higher cracker operating rates in 2024 compared with 2023, as no new crackers came online in the United States in 2024. Ethane consumption on the U.S. Gulf Coast rose 5% to 2.1 million b/d in 2024. On the East Coast, consumption nearly tripled to 103,000 b/d in 2024 as Shell’s cracker in Monaca, Pennsylvania, continued to ramp up its production after starting up in late 2022.

    U.S. ethane exports averaged a record 492,000 b/d in 2024, a 21,000-b/d increase from the previous record set in 2023. Growth in global petrochemical sector demand and rising tanker capacity have driven the increases in U.S. ethane exports. Ethane exports increased almost every year since 2014 except in 2020 when muted global demand related to the COVID-19 pandemic caused a slight decrease in exports. Low prices for U.S. ethane compared with other feedstocks globally contributed to the record exports last year. China imported 46% of U.S. ethane exports, followed by Canada (15%), India (13%), and Norway (9%).

    Data source: Bloomberg, L.P., and Natural Gas Intelligence
    Note: The Houston Ship Channel is the closest natural gas pricing hub to the Mont Belvieu natural gas plant liquids pricing hub. Natural gas prices rose to $8.78 per million British thermal units on January 12, 2024, during Winter Storm Heather. Fractionation is the process by which saturated hydrocarbons are removed from natural gas and separated into distinct products, or fractions, such as propane, butane, and ethane.


    U.S. ethane prices at Mont Belvieu, Texas, the main pricing hub for NGPLs, were volatile through 2024. Ethane prices averaged under 20 cents per gallon (gal) for the year (approximately $3 per million British thermal units [MMBtu]) but averaged 25 cents/gal ($3.70/MMBtu) in December as natural gas prices rose to 2024 highs. In comparison, the natural gas price at the Houston Ship Channel averaged $1.86/MMBtu in 2024 but averaged $2.66/MMBtu during the month of December, the highest monthly average of the year. When ethane prices are high relative to natural gas prices, plant operators can recover more ethane from the natural gas stream. However, when ethane prices and natural gas prices are closer, more ethane can be left in the natural gas stream and sold for its heat value.

    In our March 2025 Short-Term Energy Outlook, we forecast that average U.S. ethane production will remain flat at 2.8 million b/d in 2025 and rise to 3.0 million b/d in 2026. Average U.S. ethane consumption will remain flat at 2.3 million b/d in 2025 and 2026, and exports will increase to 530,000 b/d in 2025 and 630,000 b/d in 2026.

    Principal contributor: Jordan Young

    MIL OSI USA News –

    March 21, 2025
  • MIL-OSI Global: Trump’s phone call with Putin fails to deliver a full ceasefire – here’s what could happen next

    Source: The Conversation – UK – By Stefan Wolff, Professor of International Security, University of Birmingham

    After more than two hours on the phone on Tuesday, March 17, the US president, Donald Trump, and his Russian counterpart, Vladimir Putin, agreed only to confidence-building measures, not a ceasefire between Ukraine and Russia. The two leaders came away from the call having agreed on a limited prisoner exchange, a suspension of attacks on energy infrastructure, and the creation of working groups to explore further steps towards a ceasefire and ultimately a peace agreement, a proposal which Ukraine’s president, Volodymyr Zelensky has since agreed to in his call with the US president.

    A less charitable way of looking at the outcome of the second call between the two presidents since Trump returned to the White House would be that the ball is now back in America’s court. Putin made it crystal clear to Trump that he is not (yet) in the mood for any compromise.

    This is hardly surprising given recent events.

    The US has pressured Ukraine mercilessly into accepting a proposal for a 30-day ceasefire, which Trump hoped Russia would also agree to. But apart from a vague statement by Trump that he might consider sanctions against Russia, he has so far seemed unwilling to contemplate putting any meaningful equivalent pressure on Putin.


    Sign up to receive our weekly World Affairs Briefing newsletter from The Conversation UK. Every Thursday we’ll bring you expert analysis of the big stories in international relations.


    On the ground, Russia has gained the upper hand in the Kursk region where Ukrainian troops have ceded most of the territory they captured after a surprise offensive last summer. Once Putin’s forces, assisted by thousands of North Korean soldiers, have succeeded in driving the Ukrainians out of Russia, Kyiv will have lost its most valuable bargaining chip in negotiations with Moscow.

    Meanwhile, Russia has also made further gains on the frontlines inside Ukraine especially in parts of Kherson and Zaporizhzhia. These are two of the four regions (the other two are Donetsk and Luhansk) that Putin has claimed for Russia in their entirety since sham referendums in September 2022, despite not yet having full control of them.

    If Russia were to capture yet more Ukrainian territory, Putin would probably find it even easier to convince Trump that his demands are reasonable. The fact that Trump already hinted at a “dividing of assets”, including the nuclear power plant at Zaporizhzhia – Europe’s largest before its forced shutdown in September 2022 – is a worrying indication of how far the Russian president has already pushed the envelope.

    Ukraine war: territory occupied by Russia as at March 18 2025.
    Institute for the Study of War

    But a deal solely between Russia and the US is not going to work. In that sense, time is not only on Putin’s side but also on Zelensky’s.

    The Russian readout of the call between the two presidents claimed that they had discussed “the complete cessation of foreign military assistance and the provision of intelligence information to Kyiv” as a key condition for moving forward – something that Trump subsequently denied in an interview with Fox. This means that, for now, Kyiv is likely to continue to receive US aid.

    Europe at the ready

    Perhaps more importantly in the long term, Europe is also doubling down on support for Ukraine. While Trump and Putin were discussing a carve-up of Ukraine over the phone, the president of the European Commission, Ursula von der Leyen, left no doubt on where the EU stands.

    In a speech at the Royal Danish Military Academy foreshadowing the publication of the commission’s Readiness 2030 white paper on bolstering European defences, she recommitted to developing European “capabilities to have credible deterrence” against a hostile Russia.

    A few hours later, the German parliament passed a multi-billion Euro package that loosens the country’s tight borrowing rules to enable massive investments in defence. This follows announcements of increased defence elsewhere on the continent, including in the UK, Poland, and by the EU itself.

    Meanwhile, the UK and France are leading efforts to assemble a coalition of the willing to help Ukraine. Representatives of the 30-member group gathered in London on March 15 for further talks.

    Afterwards, the UK prime minister, Keir Starmer, released a statement saying that Ukraine’s western partners “will keep increasing the pressure on Russia, keep the military aid flowing to Ukraine and keep tightening the restrictions on Russia’s economy”.

    Undoubtedly, these measures would be more effective if they had Washington’s full buy-in – but they send a strong signal to both the Kremlin and the White House that Ukraine is not alone in its fight against Russia’s continuing aggression.

    Putin’s options

    Putin, meanwhile, may have time on his side in the short term – but he should take note of this. Russian manpower and firepower may dwarf that of Ukraine, but it would be no match for a Ukraine backed by such a coalition of the willing.

    Putin’s apparent plan to drag Trump into the minutiae of negotiating a comprehensive deal may eventually backfire in more ways than one. For a start, really detailed discussions will test the US president’s notoriously short attention span.

    But this will also buy time for Ukraine and its supporters to strengthen Kyiv’s position in future negotiations. And it will continue to strain – but not immediately break – Russia’s economy.

    For now, Trump’s efforts to end the war in Ukraine have stalled. He is attempting to broker a complex ceasefire deal that involves separate agreements with Kyiv and Moscow, pressure on Nato allies, and an attempt to drive a wedge between Russia and China. It’s not clear how this will succeed or indeed where it will end.

    The only certainty is that they are not bringing a just and stable peace for Ukraine any closer.

    Stefan Wolff is a past recipient of grant funding from the Natural Environment Research Council of the UK, the United States Institute of Peace, the Economic and Social Research Council of the UK, the British Academy, the NATO Science for Peace Programme, the EU Framework Programmes 6 and 7 and Horizon 2020, as well as the EU’s Jean Monnet Programme. He is a Trustee and Honorary Treasurer of the Political Studies Association of the UK and a Senior Research Fellow at the Foreign Policy Centre in London.

    Tetyana Malyarenko 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. Trump’s phone call with Putin fails to deliver a full ceasefire – here’s what could happen next – https://theconversation.com/trumps-phone-call-with-putin-fails-to-deliver-a-full-ceasefire-heres-what-could-happen-next-252417

    MIL OSI – Global Reports –

    March 21, 2025
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