Category: Europe

  • MIL-OSI United Kingdom: Recruitment for Policy Officer

    Source: United Kingdom – Executive Government & Departments

    News story

    Recruitment for Policy Officer

    Policy Officers work on the development and implementation of policy and legislation on veterinary medicines.

    We have a vacancy for a Policy Officer.

    Job Title

    Policy Officer

    Grade

    SEO

    Salary & Pension

    £44,500 per annum with Pension Scheme

    Annual Leave entitlement

    Commencing at 25 days

    Role

    As a Policy Officer, you will be responsible for contributing to the development and implementation of policy and legislation on veterinary medicines including medicated feeds, specified feed additives, antimicrobial resistance (AMR), and residues. This includes work on fees and charges.

    How to apply

    You must make your application via Policy Officer – Civil Service Jobs – GOV.UK where you will find a full job description.

    Closing Date

    24 March 2025

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: World Trade Organisation 2nd Trade Policy Review of Ukraine – Joint Statement

    Source: United Kingdom – Executive Government & Departments 3

    News story

    World Trade Organisation 2nd Trade Policy Review of Ukraine – Joint Statement

    At the second Trade Policy Review of Ukraine, the UK and Members from across the WTO reiterated their unwavering solidarity and support for Ukraine in a joint statement at the World Trade Organization.

    We, the delegations of the undersigned WTO Members, on the occasion of the Second Trade Policy Review of Ukraine in the WTO, held on 26 and 28 February 2025, reiterate our full support for and solidarity with the people of Ukraine. We express our deep sadness at the devastating human losses and profound suffering caused by Russia’s ongoing war of aggression against Ukraine, which continues for the fourth year in gross violation of international law and the Charter of the United Nations.

    We reaffirm our commitment to Ukraine’s sovereignty, independence, and territorial integrity and call for the Russian Federation to immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine within its internationally recognized borders.

    Russia’s war of aggression against Ukraine continues to have devastating global and regional impacts, including on Ukraine’s economy and ability to trade. The destruction of significant parts of Ukraine’s transport routes, port infrastructure, and grain storage facilities as well as the mining of millions of hectares of agricultural land is impeding Ukraine’s ability to produce, export, and import. We are gravely concerned about the consequences of this destruction for Ukraine and for global trade, in particular with regard to the supply to international markets of a number of key commodities produced by Ukraine, including agricultural and food products, fertilisers, and critical minerals. We are also deeply concerned by reports of attacks on civilian vessels transporting agricultural goods from Ukrainian Black Sea ports and millions of tonnes of grain being plundered by Russia from illegally occupied regions of Ukraine using falsified phytosanitary certificates and hiding vessels’ data. These actions violate the principles and values of the WTO.

    Ukraine is one of the world’s top exporters of key agricultural commodities such as wheat, maize, barley, soybeans and sunflower oil. We recognise Ukraine’s determination, despite Russia’s war of aggression, to ensure global food security and supply to some of the most vulnerable parts of the world, particularly developing countries and LDCs. In this regard, the “Grain from Ukraine” initiative, which has already helped to feed 20 million people in 13 countries, continues to be an important tool to help to respond to world hunger. We praise Ukraine’s achievement of maintaining under difficult conditions food exports by its Black Sea corridor to global markets and commend the ongoing functioning of the EU Solidarity Lanes and their contribution to global food security and Ukraine’s economy. This benefits all countries, notably the most in need. In this context, it is necessary to ensure free, full, and safe navigation in the Black and Azov Seas and that sea routes and ports are not threatened or blocked by threat of or use of force.

    We underscore the need to reach, as soon as possible, a comprehensive, just, and lasting peace in Ukraine, in full respect of Ukraine’s sovereignty and territorial integrity, based on the principles of the Charter of the United Nations. We welcome Ukraine’s efforts aimed at achieving peace, including through the principles laid out in the Peace Formula and Joint Communiqué on a Peace Framework adopted at the Summit on Peace in Ukraine on Bürgenstock. We reiterate that the Russian Federation must bear the legal consequences of all of its internationally wrongful acts, including making reparation for injury and loss, including for any humanitarian, economic, and environmental damage caused by such acts.

    We will continue work to support Ukraine and to facilitate its exports and supply chains for the benefit of global food security. We encourage all WTO Members to do likewise in a manner commensurate with their capacity, including by facilitating the use of infrastructure, as well as facilitating and simplifying customs procedures. Within the capacity of each WTO Member, we will continue to provide assistance to Ukraine to alleviate the suffering of the Ukrainian people. We will also continue to look for practical ways to help and assist Ukraine in its reconstruction efforts, economic recovery, activities, and projects to overcome the negative consequences of Russia’s war of aggression.

    Albania, Australia, Canada, Chile, European Union, Georgia, Iceland, Japan, Republic of Korea, Liechtenstein, Montenegro, New Zealand, Republic of Moldova, Norway, Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, Switzerland, United Kingdom and Ukraine

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: The deposit auction of the Investment Agency of the Tyumen Region will take place on 02/26/2025

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The date of the deposit auction is 26.02.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 50,406,000.00. Placement period, days is 117. Date of depositing funds is 26.02.2025. Date of return of funds is 23.06.2025. Minimum placement interest rate, % per annum is 22.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 50,406,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). Basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 12:15 to 12:30. Applications in competition mode from 12:30 to 12:40. Setting a cut-off percentage or declaring the auction invalid before 13:10.

    Additional conditions – Placement of funds without the possibility of early withdrawal of the deposit, monthly payment of interest on the deposit.

    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.M.M.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: On 26.02.2025, the deposit auction of the PPC “TERRITORIAL DEVELOPMENT FUND” will take place

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The date of the deposit auction is 26.02.2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 1,750,000,000.00. The placement period, days is 19. The date of depositing funds is 26.02.2025. The date of return of funds is 17.03.2025. The minimum placement interest rate, % per annum is 21.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 1,750,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 12:30 to 12:40. Bids in competition mode from 12:40 to 12:45. Setting the cutoff percentage or declaring the auction invalid until 12:55.

    Additional conditions With the right of early withdrawal of the deposit at a rate of 0.01% per annum.

    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.M.M.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 02/26/2025, 11:31 (Moscow time) the values of the lower boundary of the price corridor and the range of market risk assessment for the BYN/RUB currency pair have been changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC), on 26.02.2025, 11-31 (Moscow time), the values of the lower limit of the price corridor (up to RUB 23.4375 in the mode with TOD settlements) and the range of market risk assessment (up to RUB 22.3998, equivalent to a rate of 19.51%) of the BYN/RUB currency pair were changed. New values are available Here.

    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.Mom/N77990

    MIL OSI Russia News

  • MIL-OSI Europe: Commission presents plan for competitiveness and decarbonisation in the EU

    Source: European Union 2

    The new Clean Industrial Deal outlines concrete actions to turn decarbonisation into a driver of growth for European industries. It’s a bold business plan to support the competitiveness of EU industry, decarbonise faster and secure the future of manufacturing in Europe.

    MIL OSI Europe News

  • MIL-OSI Europe: Statement of the OSCE Mission to BiH on the Human Trafficking Case in Brčko District of BiH

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Statement of the OSCE Mission to BiH on the Human Trafficking Case in Brčko District of BiH

    Trafficking in human beings is a serious and complex crime. (OSCE) Photo details

    Sarajevo, 26 February 2025 – We are deeply shocked by the recent allegations of human trafficking in Brčko District of BiH. Trafficking in human beings is a serious and complex crime, often referred to as a modern form of slavery. It constitutes a grave violation of fundamental human rights and causes lasting physical and psychological harm to survivors, undermining their dignity and well-being long after the exploitation ends.
    The OSCE Mission to BiH urges the authorities to conduct a swift and thorough investigation, ensuring that those responsible are held accountable. At the same time, it is imperative to provide comprehensive protection and support to the victims, with particular attention to the fact that they are minors. A strong institutional response is essential to prevent such crimes, protect the most vulnerable, and uphold the rule of law.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Bristol debt recovery business which didn’t hand over money is shut down

    Source: United Kingdom – Executive Government & Departments

    Press release

    Bristol debt recovery business which didn’t hand over money is shut down

    Insolvency Service investigation found that Encore Capital Group Inc Ltd failed to fully hand over the money it collected

    • Encore Capital Group Inc Ltd cold-called businesses and potential customers and then collected debts which they did not fully hand over.
    • In some instances, they falsely claimed to be regulated by the Financial Conduct Authority (FCA).
    • The company was shut down following a winding up hearing at the High Court in London on 25 February 2025.

    A Bristol-based debt recovery company which collected debts for businesses and individuals but failed to forward on all the money has been shut down.

    Encore Capital Group Inc Ltd, which traded as Encore Debt Recovery, cold-called businesses and individuals offering to recover commercial and consumer debts in return for an up-front fee or a percentage payment.

    In some instances, they falsely claimed to be regulated by the Financial Conduct Authority (FCA) – which they were not – and said they had been appointed by a court to make debt collections.

    Encore was subject to a winding up hearing held at the High Court in London on 25 February 2025.

    Edna Okhiria, Chief Investigator at the Insolvency Service, said:

    Our investigation found many aspects of Encore’s operations that were not legitimate, namely money not being fully forwarded after a debt collection and false claims to being FCA regulated.

    Encore continued to bank the money they collected, while ignoring emails and phone calls from those they had been contracted by to recover the debts.

    The Insolvency Service is grateful to those who came forward with their complaints, whose information and evidence helped us to shut down this scam business, protecting the public and economy from further financial harm.

    The apparent services offered by Encore included debt collection and County Court Judgement (CCJ) enforcements.

    The Insolvency Service identified at least 27 complainants during the investigation who said the company had collected debts on their behalf, or from them, but had failed to forward some or all the money received.  

    Encore also failed to cooperate with the investigation despite having a legal requirement to do so and did not produce any trading or accounting records, despite repeated requests.

    Encore did not have a presence at its registered office or obtain proper authorisation to use that address, despite it being a legal requirement to have an address at which official correspondence can be received.

    As well as the Insolvency Service, complaints about Encore were made to Action Fraud and Citizen’s Advice.

    All enquiries concerning the affairs of the Encore Capital Group Inc Ltd should be made to the Official Receiver of the Public Interest Unit:

    16th Floor, 1 Westfield Avenue, Stratford, London, E20 1HZ.

    Email: piu.or@insolvency.gov.uk

    Further information:

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: City council response to latest waste service industrial action

    Source: City of Birmingham

    Published: Wednesday, 26th February 2025

    This is the council’s response to the latest announcement from Unite the Union on escalation of strike action.

    “This escalation of industrial action will mean greater disruption to residents – despite the fair and reasonable offer that the council made to Unite the Union. To the small number of workers whose wages are impacted ongoing by the changes to the service (of whom there are now only 40) we have already offered alternatives, including highly valuable LGV Driver Training for career progression and pay, and other roles in the council equivalent to their former roles.  No worker will lose the sums Unite are claiming.

    “Residents of Birmingham want and deserve a better waste collection service and the restructure that Unite is opposing is part of the much-needed transformation of the service.  

    “Our door is still open, and we would encourage Unite to come back to the table. 

    “We thank residents for their continued understanding and patience so far and will continue to provide up-to-date information about our plans during the industrial action.”

    Additional information  –

    • The transformation of the service means the restructuring of waste operations in line with national practice. Well over 50 councils across the country operate a waste service with a driver and two loaders so we are moving in line with national practice. 
    • The current structure was created as part of the settlement agreement following the 2017 bin strikes and is not industry standard. 
    • The restructure is a crucial part of our need to become financially sustainable and all roles have been evaluated.  
    • Claims that 150 people could lose £8,000 a year in pay are incorrect. The reality is that the number of staff that could lose the maximum amount (just over £6,000) is 17 people, they will have pay protection for six months in line with council policy.  
    • We are aware of comments regarding health and safety concerns but all our routes and working practices are fully risk-assessed and we always advise our workers to report any issues on their rounds – health and safety is everyone’s responsibility. 

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: On 28.02.2025, the deposit auction of ANO “ARSG NO” will take place

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The deposit auction date is 28.02.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 300,000,000.00. Placement period, days is 150. The date of depositing funds is 03.03.2025. The date of return of funds is 31.07.2025. The minimum placement interest rate, % per annum is 19.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 300,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). Basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 10:00 to 10:10. Bids in competition mode from 10:10 to 10:20. Setting the cutoff percentage or declaring the auction invalid before 10:40.

    Additional terms

    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/N77997

    MIL OSI Russia News

  • MIL-OSI: Årsrapport 2024 for Investeringsforeningen Nordea Invest

    Source: GlobeNewswire (MIL-OSI)

    Bestyrelsen for Investeringsforeningen Nordea Invest har den 26. februar 2025 godkendt årsrapporten for 2024 og indstiller den til godkendelse på den ordinære generalforsamling den 7. april 2025.

    Årsrapporten for 2024 kan downloades på www.nordeainvest.dk

    Med venlig hilsen
    Nordea Fund Management, filial af Nordea Funds Oy, Finland

    Rasmus Eske Bruun
    Filialbestyrer

    The MIL Network

  • MIL-OSI: REMINDER: Boralex will release its 2024 fourth quarter financial results on February 28

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Feb. 26, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 fourth quarter results will take place on Friday, February 28, 2025, at 11 a.m.

    Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

    Date and time

    Friday, February 28, 2025, at 11 a.m. ET

    To attend the conference

    Webcast link: https://edge.media-server.com/mmc/p/fifq2sc5

    To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone.

    Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex’s website at www.boralex.com. A full replay will also be available on Boralex’s website until February 28, 2026.

    The financial information will be released through a press release and on Boralex’s website on February 28, 2025, at 7 a.m.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. We are developing a portfolio of more than 7.2 GW in wind, solar projects and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.  

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, LinkedIn and Instagram.  

    For more information

    Source: Boralex inc.

    The MIL Network

  • MIL-OSI United Kingdom: Council takes fresh vision for growth and prosperity to the heart of Government

    Source: City of Stoke-on-Trent

    At the start of our centenary year, Stoke-on-Trent is today taking a fresh vision for the city’s growth and prosperity to the heart of Government.

    The prospectus document – called Future 100 – is based around five missions and sets out a bold set of actions that, together, aim to transform the city’s economy and unlock prosperity and opportunity for decades to come.  

    A delegation – made up of the city’s MPs, the council leader, and representatives from the business and voluntary sectors – will deliver the document to 10 Downing Street today.  

    The prospectus, which has the subtitle “Shaping Our City: Growth for All”, has been drawn up by a city coalition including prominent politicians, business leaders, academics, and figures from the health and voluntary sectors. It is supported by Stoke-on-Trent’s three MPs as well as the city council.  

    It celebrates Stoke-on-Trent’s history as a hive of innovation and industry, its enviable position at the heart of the UK’s transport network, and its strengths in key growth sectors – including createch and advanced manufacturing.  

    But it also acknowledges the barriers to growth caused by historic Government underinvestment, national industrial decline in the 1980s and 1990s, and more than a decade of austerity cuts.  

    This creates a Stoke-on-Trent “paradox”: the fact the city’s economic growth has outstripped the national average over recent years, but deeply-rooted economic and social problems mean too many communities lack opportunity and are not able to reap the expected benefits of this headline growth.  

    The City Prospectus offers radical solutions – aligning itself with national Government priorities and offering the city as a test bed and pioneer for new ways of delivering local services.  

    Its five missions come with a series of bold actions that will be taken locally, as well as specific targets by which progress will be measured.  

    The prospectus is pitched as a partnership offer with Government – making clear that targeted interventions and investment will be needed to fully realise Stoke-on-Trent’s potential.  

    A foreword to the document – co-signed by Councillor Ashworth and the city’s MPs – says: “Stoke-on-Trent already has a dynamic, diverse and highly-integrated economy; a rich cultural heritage; and an indomitable sense of community spirit.   

    “The city is a strategic hub, connecting labour, goods and services across the region and the UK. With Government support and investment, we can overcome current challenges to create a city that is prosperous, inclusive and sustainable, delivering economic and social benefits locally and nationally for decades to come.   

    “We invite the Government to partner with us to unlock this city region’s full potential, transform our citizens’ lives and unleash a new era of creativity and innovation.”  

    The five missions listed in the City Prospectus are:  

    •  Securing economic growth  
    •  Delivering clean energy, sustainable transport and an improved local environment  
    • Regenerating the city  
    • Removing barriers to opportunity  
    • Improving the health and wellbeing of the population  

    The economic targets include achieving a local economy worth £9 billion a year by 2030, with 5,000 more people in employment and a 10 per cent increase in the value of locally-contracted supplies.   

    Environmental targets include tripling the amount of locally-generated renewable energy and increasing bus passenger journeys by a third in the next five years.  

    The city aims to have completed or be building 5,000 new homes, redeveloped 150 hectares of brownfield land and seen five heritage buildings removed from the “at risk” register.  

    The attainment gap will have been closed with the national average, with a 2.5 percentage point increase in the number of working-age residents with Level 3 or higher qualifications.   

    The city is also targeting a five percentage point drop in the proportion of children living in poverty, and a two-year boost to healthy life expectancy.  

    The Prospectus invites the Government to support the city’s work through specific, targeted interventions linked to the local missions and targets. That includes investment in critical growth enablers like transport infrastructure, heritage restoration and the city’s highly-successful Family Matters programme, which has driven down the number of children in care.  

    It suggests the Government could make Stoke-on-Trent a national incubator for public service reform based on higher educational attainment, and a national test best for a new model of educational inclusion aimed at enabling more children to learn in mainstream schools.  

    And it calls for innovations to unlock development, such as a revolving land fund to reclaim brownfield sites and help to kickstart council-house building.  

    Jane Ashworth, leader of Stoke-on-Trent City Council, said: “Stoke-on-Trent is already a nationally important engine of innovation and growth.  

    “But well-known obstacles have held back this growth. Austerity and chronic underinvestment in vital infrastructure have constrained our economy and mean opportunity has been unevenly spread.  

    “For too many of the people who live here, the headline growth in the city’s economy has felt like little more than a number of a spreadsheet.  

    “This is a once-in-a-generation opportunity to create something better.  

    “The City Prospectus is a radical yet achievable plan to tackle our economic, social and environmental challenges at the same time; to transform the way we deliver services; and to make Stoke-on-Trent not just an engine of growth, but one which provides high quality homes, jobs, skills and opportunities for people across North Staffordshire and beyond.”  

    Gareth Snell, MP for Stoke-on-Trent Central, said: ‘To deliver for our city and our country, we need a clear plan from Government and we need to be able to turn that into local actions.   

    “Labour’s missions focus on economic growth, city regeneration, removing barriers to opportunity and improving health and well-being. These are exactly the same priorities I want to see delivered in Stoke-on-Trent, so forging a new partnership with Government is the best way to ensure we all succeed.  

    “The Future 100 prospectus sets a series of ambitious targets and outlines what Stoke-on-Trent can contribute. But it also sets out the additional help and resources that the city will need to achieve those goals.”   

    Allison Gardner, MP for Stoke-on-Trent South, said: “Our city, shaped by its rich industrial history, has always been a place of hard work and innovation.   

    “The same spirit that built our city can lead it into a new chapter, driving the country forward once again.  

    “Stoke-on-Trent stands strong and proud, despite having been let down previously by the central Government. With the support of this Labour Government, our potential is limitless.” 

    David Williams, MP for Stoke-on-Trent North, said: “The Future 100 prospectus represents a bold and ambitious vision for Stoke-on-Trent’s next century, rooted in our city’s rich history of creativity, resilience, and innovation.  

    “For too long our city has not received the investment we deserve. We were hit hard by austerity and post-industrial decline stifled economic growth.  

    “The Future 100 prospectus represents a turning point, ensuring real investment in our transport infrastructure, beloved community assets, business growth and in improving opportunity for all.  

    “This is a moment for real transformation for our city, one where we seize the opportunity to build a thriving, sustainable, and inclusive future for all. With targeted investment and strategic action, we can unlock Stoke-on-Trent’s full potential, creating lasting economic and social benefits that will shape generations to come. 

    “I am grateful for the council’s leadership on creating this bold vision for our city, and I look forward to working with the Government, the council and other partners to turn the vision into a reality.” 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New homeless prevention drop-ins start

    Source: City of York

    L-r: Cllr Pavlovic, Jenny Newman and Evie Bailey at Carecent

    Published Wednesday, 26 February 2025

    As the risk of homelessness continues to worry many residents and be a reality for some, the Council is increasing support to help people keep their home with a new face-to-face service.

    At the monthly Homeless Prevention drop-in sessions, the friendly and knowledgeable team will work with residents on a wide range of issues.

    These include tackling rent arrears and debt, liaising with landlords, maximising income, addressing issues with neighbours and more. The team aims to resolve problems and prevent disputes arising, and to ensure residents can keep their homes and manage their tenancy.

    Cllr Michael Pavlovic, Executive Member for Housing at City of York Council, said:

    The ongoing cost of living crisis and pressures on housing are still affecting many residents with whom we work hard to help keep their homes.

    “People facing homelessness each have their own challenges to address. To support them and avoid the devastation of losing their home, we are boosting homeless prevention work by running the drop-in sessions and helping people with mental health issues. Please use them and work with us to help you keep your home.”

    The new drop-in Homeless Prevention sessions start at Carecent, St Saviourgate YO1 8NQ on Wednesday 26 February from 1-3pm. They will take place on the last Wednesday of every month and are available for people aged 18 or over.

    For more information on homelessness and support to avoid it, please visit www.york.gov.uk/HousingOptions.

    MIL OSI United Kingdom

  • MIL-OSI Europe: Iceland and Georgia sign air services agreement

    Source: Government of Iceland

    An air services agreement between Iceland and Georgia was signed in Reykjavík today. This is the first air services agreement between the two countries, but preparations for the agreement began in 2018. Martin Eyjólfsson, Permanent Secretary of State, and Givi Davitashvili, Director of the Civil Aviation Agency of Georgia, signed the agreement.

    The agreement grants broad rights and covers scheduled and charter flights between the two countries without restrictions on the number of flights or destinations, for both passenger and cargo transport.

    Air services agreements are important trade agreements that ensure transportation to and from Iceland as well as facilitating access for Icelandic air carriers to international markets.

    The Icelandic negotiating team consisted of Pétur Thorsteinsson, Ministry for Foreign Affairs, Vala Hrönn Viggósdóttir, Ministry of Infrastructure, and Kristín Helga Markúsdóttir, Icelandic Transport Authority.

    MIL OSI Europe News

  • MIL-OSI Security: Former CBP Officer Convicted of Smuggling Cocaine from the U.S. Virgin Islands to Atlanta

    Source: Office of United States Attorneys

    ATLANTA – Following a five-day jury trial, Ivan Van Beverhoudt, 45, of St. Thomas, U.S. Virgin Islands, has been convicted of importing and possessing with intent to distribute more than 16 kilograms of cocaine.

    “Van Beverhoudt used his trusted position as a U.S. Customs and Border Protection officer to circumvent the law and smuggle dangerous drugs into our community,” said Acting U.S. Attorney Richard S. Moultrie, Jr.  “Thanks to the diligent efforts of our law enforcement partners, Van Beverhoudt is now being held accountable and faces time in federal prison.”

    According to Acting U.S. Attorney Moultrie, the charges, and other information presented in court: On January 10, 2020, Van Beverhoudt, a former U.S. Customs and Border Protection officer, boarded a commercial flight from St. Thomas, U.S. Virgin Islands to Atlanta with 16 bricks of cocaine in two carry-on bags.  To avoid TSA screening in St. Thomas, Van Beverhoudt traveled in his official capacity with his loaded CBP-issued firearm.  Upon arriving at the Atlanta Hartsfield-Jackson International Airport, en route to his final destination of Baltimore, Maryland, a trained narcotics K-9 officer in the jetway alerted to Van Beverhoudt’s luggage, resulting in the discovery of the cocaine. 

    At the conclusion of his jury trial, Van Beverhoudt was convicted of conspiracy to import cocaine into the United States, importation of cocaine into the United States, conspiracy to possess with intent to distribute cocaine, and possession with intent to distribute cocaine.  In determining the actual sentence, the Court will consider the United States Sentencing Guidelines, which are not binding but provide appropriate sentencing ranges for most offenders.

    This case is being investigated by the U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, with valuable assistance provided by the U.S. Customs and Border Protection and Department of Homeland Security, Office of the Inspector General. 

    Assistant U.S. Attorneys Bethany L. Rupert and Bret R. Hobson are prosecuting the case.  Assistant U.S. Attorney Laurel B. Milam also contributed to the prosecution of the case.

    The U.S. Attorney’s Office in Atlanta recommends parents and children learn about the dangers of drugs at the following web site: www.justthinktwice.gov.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI

  • MIL-OSI United Kingdom: Foreign Secretary article on defence spending: February 2025

    Source: United Kingdom – Executive Government & Departments 3

    Authored article

    Foreign Secretary article on defence spending: February 2025

    Foreign Secretary David Lammy writes in the Guardian about the biggest sustained increase in defence spending since the cold war.

    There are moments in history when everything turns, but the extent of change is not perceived until later when the fog has cleared. These are hinge points that require clear leadership and bold action. In the late 1940s, my [political content redacted] predecessor and hero Ernie Bevin, alongside Clement Attlee, saw through the fog when they led Britain into Nato and the UN, and secured the development of Britain’s nuclear deterrent.

    In the 1960s, Harold Wilson saw through the paranoia of the cold war, refusing Lyndon Johnson’s request to send British troops to Vietnam. In the 1990s, Tony Blair understood that unless we stopped the president of Serbia, Slobodan Milošević, there would be no peace in the Balkans.

    Three years into Vladimir Putin’s brutal war, this is again a hinge point for Britain. Keir Starmer’s commitment to dramatically raise defence spending in both this and the next parliament shows his leadership through the fog. Putin’s Russia is a threat not only to Ukraine and its neighbours, but to all of Europe, including the UK.

    Over successive administrations, our closest ally, the US, has turned increasingly towards the Indo-Pacific, and it is understandably calling for Nato’s European members to shoulder more of the burden for our continent’s security. Around the world, the threats are multiplying: from traditional warfare to hybrid threats and cyber-attacks.

    The first duty and foundation of this government’s Plan for Change is our national security. Seven months ago, the public gave us this responsibility, and we hold it with a profound sense of duty. [political content redacted] We will deliver the biggest sustained increase in defence spending since the cold war (political content redacted).

    So we will hit our 2.5% promise in 2027 and, subject to economic conditions, go further, with defence spending rising to 3% during the next parliament. This is a pledge to safeguard our future – and act as a pillar of security on our continent –in a world plagued by more active conflicts than at any time since the second world war.

    To make this commitment, and stick within our fiscal rules, we have had to make the extremely difficult decision to lower our spending on international development. As the Prime Minister said, we do not pretend any of this is easy.

    This is a hard choice that no government (political content redacted)makes lightly. I am proud of our record on international development. It helps address global challenges from health to migration, contributes to prosperity, and supports the world’s most vulnerable people.

    It grows both our soft power and our geopolitical clout, while improving lives. For all of those reasons, this government remains committed to reverting spending on overseas aid to 0.7% of gross national income when the fiscal conditions allow.

    But we are a government of pragmatists not ideologues – and we have had to balance the compassion of our internationalism with the necessity of our national security.

    As we reduce the overseas aid budget, we will protect the most vital programmes in the world’s worst conflict zones of Ukraine, Gaza and Sudan. But there can be no hiding from the fact that many programmes doing vital work will have to be put on hold. The work of making further tough choices about programmes will proceed at pace over the weeks and months ahead, but our core priorities will remain the same.

    My vision for a reformed Foreign, Commonwealth & Development Office fit for this more contested and dangerous world, in which diplomacy is more important than ever, remains paramount. We are working closely with the Treasury to ensure our diplomatic, intelligence and development footprint will align with our priorities. In a tough fiscal environment, all our spending must be laser-focused on delivering the maximum possible impacts for our national security and growth, equipping the FCDO to deliver the government’s plan for change internationally.

    At the height of the cold war, defence spending fluctuated between about 4% and 7% of GDP. At this moment of fiscal and geopolitical flux, not meeting the moment on defence would mean leaving Britain ill-prepared for a more dangerous world, potentially requiring even tougher choices down the line.

    I have written previously about this government’s foreign policy being founded on progressive realism. Being clear about our values, but treating the world as it is, not as we would wish it to be. These are the principles that guide our choices through these dangerous times. We will always do what is necessary to keep the public safe.

    This article was first published in The Guardian on 25 February 2025.

    Updates to this page

    Published 25 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Dmitry Grigorenko: The IT industry has become one of the fastest growing in the Russian economy

    Translartion. Region: Russians Fedetion –

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

    Deputy Prime Minister – Chief of the Government Staff Dmitry Grigorenko presented the national project “Data Economy and Digital Transformation of the State” at the National Center “Russia”.

    “Over the past five years, the IT industry has become one of the fastest growing in the Russian economy. Its contribution to the country’s GDP has almost doubled, and the number of specialists has increased by one and a half times – today almost a million people work in this area. These figures show that the industry is actively developing. And the national project “Data Economy” is the next step in the digital development of Russia. We make technologies accessible to everyone: from residents of megacities to residents of the most remote corners of the country. The key focus is the development of solutions that work on the basis of accumulated data, and the creation of technological tools that allow increasing the efficiency of any task. First of all, this is artificial intelligence, robots, the Internet of Things and others. At the same time, we pay special attention to security: we form a legal environment that not only protects against cyber threats, but also creates conditions for the development of innovations,” said Dmitry Grigorenko.

    The Deputy Prime Minister outlined the key goals and results of the national project “Data Economy” by 2030.

    Within the framework of the federal project “Internet Access Infrastructure”, a domestic low-orbit satellite group of 292 satellites will be launched, which will provide 100% Internet coverage of the entire territory of Russia and the world. This will allow even the most remote regions of the country to be connected to the network.

    The federal project “Digital platforms in social sectors” is aimed at introducing a platform model of interaction between citizens, businesses and the state. By 2030, industry platforms such as “My School”, “Universities”, “Science”, “Safe Environment” and “Smart City” will be created. All schools and colleges will be equipped with IT infrastructure and Wi-Fi, and 634 thousand teachers will receive domestic tablets.

    The federal project “Digital Public Administration” provides for the complete digitalization of public administration and the transition to 100% paperless document flow. This will simplify processes and increase the efficiency of government agencies.

    As part of the federal project “Domestic Solutions,” by 2030, 100% of cellular network equipment and software will be produced in Russia, which will strengthen the country’s technological independence.

    The Federal Project “Artificial Intelligence” provides for the introduction of AI technologies in the economy, social sphere and public administration. One of the key tasks will be the provision of personalized government services based on the principle of “life situations”. This means that citizens and businesses will no longer have to fill out applications or visit departments – at least 100 services will be provided proactively, based on the analysis of data and user preferences. For example, if a person changes their place of residence, the system itself will offer to issue the necessary documents or update information. This approach will make interaction with the government more convenient and effective.

    The Federal Project “Information Security” provides for the creation of a security infrastructure for the Russian Internet. By 2030, an assessment of the security of 100% of key state information systems will be conducted.

    The federal project “Advanced Developments” is aimed at developing quantum and telecommunication technologies. In particular, it is planned to increase the power of a quantum computer from 50 to 300 qubits.

    Within the framework of the federal project “State Statistics”, a digital analytical platform (GIS “TsAP”) will be created for collecting, processing and analyzing large volumes of data in real time. This will allow 100% automation of the provision of official statistics.

    The federal project “Personnel for Digital Transformation” will ensure the training of qualified IT specialists. By 2030, with the participation of businesses, at least 250 thousand students will be trained, and the total number of employees in the IT industry will grow to 1.4 million people.

    These initiatives are aimed at ensuring the technological sovereignty of the country, digitalization of economic and social sectors, improving the quality of life of citizens and the efficiency of governance based on big data.

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

    MIL OSI Russia News

  • MIL-OSI Russia: The in-person stage of the “Future Managers Tournament” has ended

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    On February 26, 2025, the final off-site venue of the State University of Management Olympiad for schoolchildren in social studies, “Future Managers Tournament,” was held in Rostov-on-Don.

    37 students of grades 9-11 from 7 schools gathered to solve the tasks of the in-person round. The children had to give detailed answers to questions from the school social studies program. The time given for completing the tasks ranged from 140 to 180 minutes, depending on the grade level.

    The desire of Rostov guys to show their knowledge at the Olympiad of the State University of Management is understandable, because victory or prize-winning will allow them to receive an additional 4 points when entering the first management university.

    Preliminary results of the in-person stage will be published on March 25, and in April, the winners and prize winners will receive their well-deserved awards within the walls of the SUM Scientific Library.

    Let us recall that this year the in-person stage of the Tournament was held at three venues: February 15-16 at the State University of Management, February 19-25 in Nalchik and February 26 in Rostov-on-Don.

    Subscribe to the TG channel “Our GUU” Date of publication: 02/26/2025

    Турнир будущих управленцев»….” data-yashareImage=”https://guu.ru/wp-content/uploads/photo_5330216412368727269_y.jpg” data-yashareLink=”https://guu.ru/%d0%b7%d0%b0%d0%b2%d0%b5%d1%80%d1%88%d0%b8%d0%bb%d1%81%d1%8f-%d0%be%d1%87%d0%bd%d1%8b%d0%b9-%d1%8d%d1%82%d0%b0%d0%bf-%d1%82%d1%83%d1%80%d0%bd%d0%b8%d1%80%d0%b0-%d0%b1%d1%83%d0%b4%d1%83%d1%89/”>

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

    MIL OSI Russia News

  • MIL-OSI Global: No world order: Europe needs more radical thinking for the Trump era

    Source: The Conversation – UK – By Richard Youngs, Professor of International and European Politics, University of Warwick

    There is general agreement that the US’s geopolitical shock therapy is a sign of a new world order. While European powers nominally recognise this, their policies are not, in practice, tailored towards such a change.

    The EU and other European governments are, understandably, focused on very immediate matters – talks on Ukraine, defence budgets, rebutting big US tech firms. But they also need to be guided by a clearer vision of the broader international order that flows from this inflection point.

    Even though the world has already changed profoundly over the last decade, most observers judge the current juncture to be a decisive watershed. Yet the tumult unleashed in 2025 feels not so much like a well-defined new world order as the chaotic imprecision of “no world order”. Nothing concrete has emerged as a replacement for the long-crumbling liberal order.

    Multi-polarity is not fully evident because there is little balance between powers. But the current influence of large powers rubs uneasily with the notion of a “G-zero world” in which no countries have any real control.

    The long-predicted plurilateralism, in which smaller groups of states reach political agreements, has not become reality. Yet neither is a well-ordered concert of great powers especially evident.

    A concert-based order would hardly accord the primacy now reassigned to Russia, a country that enjoys only a few of the long-term structural attributes of great-power status.

    But it’s also worth noting that “no world order” is not quite the same thing as “new world disorder”. Although many leaders make a show of flouting international rules and norms on high-profile issues like international courts, the reality is that they still matter in conditioning international behaviour.

    It can reasonably be suggested that the new order will be eclectic or composite – essentially, a combination of all of the above. Yet, the current jumble and clash of dynamics does not constitute a patterned “order”. The relationships between the different forces at work are nowhere near being worked out.

    What is European ‘independence’?

    In this void, European governments and the EU are leaning heavily on two long-familiar tenets, even as these raise operational question marks.

    One is the notion of autonomy. European leaders have now doubled down on their calls for more strategic autonomy and a narrative of Europe of being “independent” from the US and “writing its own history”.

    But autonomy is a somewhat hazy geopolitical motif. European powers of course need the autonomy to chart their own strategic priorities, but current crises palpably reinforce the need to manage complex interdependencies. Autonomy in the sense of deploying economic, political or military capabilities unconstrained by other powers is a diminished prospect.

    The other European reflex is to stress a determination to “reinforce multilateralism”, something few other world powers are apparently willing to do now.

    But multilateralism in its current form is surely beyond resuscitation. The imperative is rather to rethink multilateral norms and salvage the most essential core of liberal cooperation amid today’s lurch towards uncontrolled turbulence and power-expediency.

    I have previously proposed what I term “geoliberalism” as a path forward. This is a model that balances geopolitical reality alongside liberal and democratic values. In the second Trump era, the liberal elements of this concept are even more squeezed than they were before he was re-elected.




    Read more:
    Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity


    Despite the multilateralism rhetoric, European powers actually seem to be leaning towards a more absolute version of realpolitik, with diplomacy based on practical rather than moral considerations. The European Commission president, Ursula von der Leyen, talks of “hyper-transactionalism”, which is less a vision of order than its negation.

    European international liberalism needs to be reframed, not jettisoned. It will be more rearguard and selective, but needs also to be more concerted to hold at bay today’s turbo-charged illiberal assault.

    It can lock onto powerful global societal trends to which realpolitik is dangerously and self-defeatingly blind. European Union powers need to be more measured but also more pointed in salvaging islands of liberal order – for example on climate change cooperation.

    There is little sign of such reflection. Familiar cliches are dominating the European response to the US illiberal pivot.

    The strategic debate has narrowed, especially around the question of defence spending. Repeating ad nauseum that “Europe must step up” and “get its act together” says little about what kind of strategy is needed to navigate the current order implosion, the end towards which defence capabilities are ultimately directed.

    European governments should indeed boost their defence spend, but that spend needs to be rooted in and directed towards an appropriate strategy for global re-ordering.

    The current flux means this is a moment when the parameters of the next international order will be defined. European powers need to prioritise practical action to influence that order more than endless, self-referential speeches about their own power status.

    Even if a degree of self-survival short-termism is understandable, the EU and European governments must lift their eyes to craft more far-sighted responses to the world’s collapsing certainties.

    Richard Youngs 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. No world order: Europe needs more radical thinking for the Trump era – https://theconversation.com/no-world-order-europe-needs-more-radical-thinking-for-the-trump-era-250864

    MIL OSI – Global Reports

  • MIL-OSI Global: States that impose severe prison sentences accomplish the opposite of what they say they want

    Source: The Conversation – USA – By John Leverso, Assistant Professor of Criminal Justice, University of Cincinnati

    Prison doors close, but for most people convicted of crimes, they eventually open again. Hans Neleman/Stone via Getty Images

    Across the U.S., tough-on-crime policies are surging again, despite research showing they do little to reduce crime, particularly violent offenses.

    Before the early 1990s, people who were sentenced to 10 years in prison might be released after serving roughly half that long. That’s because of policies that allowed incarcerated individuals to earn credit for good behavior or, in some states, to avoid losing credits they already held toward an early release. These so-called “good time” policies were created by states to encourage good behavior and rehabilitation and to reduce prison overcrowding.

    But in the 1990s, when national politics was focused on crime rates, Congress encouraged states to adopt so-called “truth-in-sentencing” laws, which required people to serve at least 85% of their prison sentence.

    As research highlighted the inefficacy and unintended consequences of these laws, states rolled them back or modified them, mostly by partially repealing them or reducing the severity of mandatory sentences.

    Some efforts to roll back harsh sentencing rules continue: In Illinois, traditionally a leader in criminal justice reform, one bill that would soften truth-in-sentencing requirements has stalled, though another was introduced in January 2025.

    But in many other states, truth-in-sentencing laws and other similar laws that impose longer sentences are making a comeback, particularly for violent crimes.

    Since 2023, Louisiana, Arkansas, South Dakota and Tennessee have passed truth-in-sentencing laws. North Dakota is now considering similar legislation. In November 2024, Colorado voters required people convicted of violent crimes to serve higher percentages of their sentences, which is a similar move, though it didn’t bear the “truth-in-sentencing” label.

    A personal lens on the topic

    These laws have real effects on real people.

    In 1998, I was sentenced to 22 years in the Illinois Department of Corrections for a gang-related violent crime I committed as a juvenile. I served just 11 of those years under a long-standing policy that allowed individuals to serve half their sentence with good behavior.

    But if I had been arrested just 100 days later, a truth-in-sentencing law would have taken effect, and I would have had to serve the full 22 years.

    Eleven years is a long time. Since my release in 2012, I’ve earned a bachelor’s degree, a master’s degree and a Ph.D. I’m now a college professor, author, husband and father.

    If I had been required to serve my full sentence, I would have been released in 2023, older and with fewer opportunities for education, rehabilitation and rebuilding my life.

    Instead of being able to start my education at the age of 30, I would have entered the world in my forties, making it much harder to pursue a decade of schooling to become a professor. The delay would have also made it harder to start a family, forcing me to balance career-building with the difficulties of having children later in life.

    Incarcerated graduates, who finished various educational and vocational programs in prison, wait for the start of their graduation ceremony in May 2023.
    AP Photo/Jae C. Hong

    Not deterring crime

    Supporters of truth-in-sentencing laws say they are intended to increase accountability for wrongdoing and deter crime. The logic can seem reasonably intuitive: If people know they will receive a harsher punishment, they will be less likely to commit particular crimes.

    But research finds that those are not the results. There is no compelling evidence that punitive sentencing policies discourage individuals from engaging in criminal activity.

    And states without truth-in-sentencing laws have seen their crime rates fall to roughly the same degree as states that have the laws.

    Harming society at large

    Research also finds that truth-in-sentencing laws cause far-reaching harms to people convicted of crimes and to society at large, undermining both rehabilitation and public safety.

    Because truth-in-sentencing laws focus on deterrence, they do not address the causes of criminal behavior, such as poverty and childhood trauma.

    These laws also make prisons less safe: They remove incentives for people in prison to follow the rules, get an education, participate in psychotherapy or otherwise engage in positive activities while behind bars.

    The vast majority of incarcerated people – six out of every seven inmates – are released into society again. Under truth-in-sentencing laws, they emerge from prison less prepared to follow the laws than they would have been if they had access to educational programs, therapy and an incentive structure that encouraged rehabilitation while incarcerated.

    A study in Georgia, for instance, found that after stricter sentencing requirements were enacted, inmates subject to the new rules committed more disciplinary infractions and participated in fewer rehabilitation programs in prison. And once released, they were more likely to commit new crimes than released inmates who had not been subject to the stricter sentences.

    Costing taxpayers dearly

    Additionally, the financial burden of these laws is significant.

    For example, Arkansas’ truth-in-sentencing law, passed in 2023, is projected to cost the state’s taxpayers at least US$160 million over the next decade to pay for increased prison capacity and staffing.

    Instead of deterring crime, truth-in-sentencing laws lock more people up for longer periods of time without addressing the underlying factors, which strains already overburdened correctional systems.

    These laws also disproportionately affect people of color, exacerbating systemic inequities in the criminal justice system.

    These people incarcerated in a California prison are learning computer programming.
    AP Photo/Eric Risberg

    A different path

    For me, the possibility of earning good-time credit was a powerful motivator to engage in rehabilitative activities and regain lost time after disciplinary infractions.

    When I began my sentence, Illinois law allowed people to receive a 50% reduction in their sentence through good-time credit: I might need to serve only half of my original 22-year sentence, and be released after 11 years, if I maintained good behavior.

    Breaking the rules would cost credit, extending my time in prison beyond that 50% mark. Early in my sentence, I broke the rules and was placed in isolation – also called segregation or restrictive housing, in a cell for 24 hours a day, except for six hours of exercise a week – for a total of 18 months, resulting in a significant loss of my good-time credit. As a result, instead of serving 11 years, my expected time in prison increased to approximately 12.5 years.

    This setback was a turning point. I knew that my actions had directly affected the length of time I would have to spend in prison. I became determined to earn back my lost time. I focused on staying out of trouble, earning my GED, completing my associate degree and enrolling in available programs. I was able to regain my time credit and had to serve only 11 years.

    Under today’s truth-in-sentencing laws, none of this would have been possible. I would have been required to serve my full sentence, regardless of whether I chose to change, rehabilitate or prepare for life after prison. The ability to reduce my sentence through good behavior and educational achievement gave me a tangible incentive to turn my life around, an opportunity that truth-in-sentencing laws eliminate.

    A way forward

    By contrast, investing in rehabilitation not only improves outcomes for those incarcerated but also makes communities safer by reducing the cycle of crime.

    Research shows that in-prison rehabilitation programs – particularly those centered on education and vocational training programs and social-support services such as housing help, mental health care and job placement assistance – reduce recidivism rates. While in prison, people are held accountable while also having opportunities to grow and learn, preparing for successful reintegration into society after their release.

    I believe that in the overwhelming majority of people in prison, there is potential for redemption – but that potential is most likely to emerge when they have opportunities to learn and grow and receive benefits for making changes in their lives.

    Unfortunately, many states are choosing to spend millions locking up more people for longer periods – while giving them less opportunity to improve themselves and their lives, reducing their potential for change and safe, productive reintegration into society upon release.

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

    ref. States that impose severe prison sentences accomplish the opposite of what they say they want – https://theconversation.com/states-that-impose-severe-prison-sentences-accomplish-the-opposite-of-what-they-say-they-want-247550

    MIL OSI – Global Reports

  • MIL-OSI Global: What’s the shape of the universe? Mathematicians use topology to study the shape of the world and everything in it

    Source: The Conversation – USA – By John Etnyre, Professor of Mathematics, Georgia Institute of Technology

    You can describe the shape you live on in multiple dimensions. vkulieva/iStock via Getty Images Plus

    When you look at your surrounding environment, it might seem like you’re living on a flat plane. After all, this is why you can navigate a new city using a map: a flat piece of paper that represents all the places around you. This is likely why some people in the past believed the earth to be flat. But most people now know that is far from the truth.

    You live on the surface of a giant sphere, like a beach ball the size of the Earth with a few bumps added. The surface of the sphere and the plane are two possible 2D spaces, meaning you can walk in two directions: north and south or east and west.

    What other possible spaces might you be living on? That is, what other spaces around you are 2D? For example, the surface of a giant doughnut is another 2D space.

    Through a field called geometric topology, mathematicians like me study all possible spaces in all dimensions. Whether trying to design secure sensor networks, mine data or use origami to deploy satellites, the underlying language and ideas are likely to be that of topology.

    The shape of the universe

    When you look around the universe you live in, it looks like a 3D space, just like the surface of the Earth looks like a 2D space. However, just like the Earth, if you were to look at the universe as a whole, it could be a more complicated space, like a giant 3D version of the 2D beach ball surface or something even more exotic than that.

    A doughnut, also called a torus, is a shape that you can move across in two directions, just like the surface of the Earth.
    YassineMrabet via Wikimedia Commons, CC BY-NC-SA

    While you don’t need topology to determine that you are living on something like a giant beach ball, knowing all the possible 2D spaces can be useful. Over a century ago, mathematicians figured out all the possible 2D spaces and many of their properties.

    In the past several decades, mathematicians have learned a lot about all of the possible 3D spaces. While we do not have a complete understanding like we do for 2D spaces, we do know a lot. With this knowledge, physicists and astronomers can try to determine what 3D space people actually live in.

    While the answer is not completely known, there are many intriguing and surprising possibilities. The options become even more complicated if you consider time as a dimension.

    To see how this might work, note that to describe the location of something in space – say a comet – you need four numbers: three to describe its position and one to describe the time it is in that position. These four numbers are what make up a 4D space.

    Now, you can consider what 4D spaces are possible and in which of those spaces do you live.

    Topology in higher dimensions

    At this point, it may seem like there is no reason to consider spaces that have dimensions larger than four, since that is the highest imaginable dimension that might describe our universe. But a branch of physics called string theory suggests that the universe has many more dimensions than four.

    There are also practical applications of thinking about higher dimensional spaces, such as robot motion planning. Suppose you are trying to understand the motion of three robots moving around a factory floor in a warehouse. You can put a grid on the floor and describe the position of each robot by their x and y coordinates on the grid. Since each of the three robots requires two coordinates, you will need six numbers to describe all of the possible positions of the robots. You can interpret the possible positions of the robots as a 6D space.

    As the number of robots increases, the dimension of the space increases. Factoring in other useful information, such as the locations of obstacles, makes the space even more complicated. In order to study this problem, you need to study high-dimensional spaces.

    There are countless other scientific problems where high-dimensional spaces appear, from modeling the motion of planets and spacecraft to trying to understand the “shape” of large datasets.

    Tied up in knots

    Another type of problem topologists study is how one space can sit inside another.

    For example, if you hold a knotted loop of string, then we have a 1D space (the loop of string) inside a 3D space (your room). Such loops are called mathematical knots.

    The study of knots first grew out of physics but has become a central area of topology. They are essential to how scientists understand 3D and 4D spaces and have a delightful and subtle structure that researchers are still trying to understand.

    Knots are examples of spaces that sit inside other spaces.
    Jkasd/Wikimedia Commons

    In addition, knots have many applications, ranging from string theory in physics to DNA recombination in biology to chirality in chemistry.

    What shape do you live on?

    Geometric topology is a beautiful and complex subject, and there are still countless exciting questions to answer about spaces.

    For example, the smooth 4D Poincaré conjecture asks what the “simplest” closed 4D space is, and the slice-ribbon conjecture aims to understand how knots in 3D spaces relate to surfaces in 4D spaces.

    Topology is currently useful in science and engineering. Unraveling more mysteries of spaces in all dimensions will be invaluable to understanding the world in which we live and solving real-world problems.

    John Etnyre receives funding from the National Science Foundation and the Elaine M. Hubbard Distinguished Faculty Award

    ref. What’s the shape of the universe? Mathematicians use topology to study the shape of the world and everything in it – https://theconversation.com/whats-the-shape-of-the-universe-mathematicians-use-topology-to-study-the-shape-of-the-world-and-everything-in-it-235635

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Greens press government to act on Grenfell oversight

    Source: Green Party of England and Wales

    Responding to the government’s announcement that it will accept all the recommendations from the Grenfell Tower Inquiry (1), Green MP Carla Denyer urged the government to accept her Private Members’ Bill on preventing future deaths. 

    Carla’s Bill calls for the creation of a National Oversight Mechanism which would have responsibility for ensuring that recommendations made following inquests and inquiries are followed. Currently, there is no body which has this responsibility. 

    Reacting to the government’s statement, Carla Denyer MP said: 

    “The deaths of 72 people in the Grenfell tower fire was an unimaginable tragedy, but worse, it was an avoidable tragedy. We owe it to those who lost their lives to make sure nothing like this happens again. 

    “I welcome the Government’s commitment to taking forward all of the report’s recommendations, a vital first step towards justice. 

    “The Grenfell Inquiry recognised a failure of the state to properly follow up on the recommendations made by inquests and inquiries – meaning that too often, changes needed to prevent people from harm are simply not made. Time and time again, bereaved families go through the trauma of reliving the circumstances of a loved one’s death at an inquest only for the lessons from that death to be forgotten.

    “We urgently need an organisation responsible for making sure that recommendations from inquests and inquiries are actually followed, rather than being forgotten. I have put forward a Bill to create a National Oversight Mechanism for state-related deaths, which would do just that. It would be an independent body, able to scrutinise government action so bereaved families don’t have to be the ones fighting for change.

    “The National Oversight Mechanism proposal has the support of over 70 organisations, including Grenfell United, Amnesty, the Mayor of London, and the Institute for Government. It recently featured as a recommendation in the Health Services Safety Investigations Body’s report on deaths of mental health patients. It’s clear that this is badly needed, and I hope the government will support my Bill.” 

    (1) Government responds in full to Grenfell Tower Inquiry, setting out tough new reforms to fix building safety and strengthen accountability  – GOV.UK

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Enhanced registration service to reduce requisitions and delays

    Source: United Kingdom – Executive Government & Departments

    News story

    Enhanced registration service to reduce requisitions and delays

    HM Land Registry is introducing enhanced digital checks to support our customers to submit error-free applications.

    MMD Creative/Shutterstock.com

    • Simple administrative errors, such as name or title number errors, will be highlighted on submission for all digital applications submitted through Business Gateway and the Digital Registration Service in the portal.
    • The enhanced service will be delivered in autumn 2025. We will be working with our existing third-party integrators to migrate to the new service in the following months.
    • Customers will be prompted to resolve highlighted errors before resubmitting applications.
    • By resolving these errors before accepting applications, we will save our customers thousands of hours spent on unnecessary administrative tasks and enable an improved speed of service by allowing caseworkers to focus on the more complex areas of land registration.

    From autumn 2025, customers submitting applications through the Digital Registration Service, on both the HM Land Registry portal and through third-party software providers, will be unable to submit applications containing simple errors. We’ll be working with third-party integrators to support the adoption of this new service. 

    Many of these checks are already being performed in the Digital Registration Service on the portal and will soon be available for all Business Gateway-enabled software. 

    By 2028 this could save customers an estimated 300,000 hours a year, waiting for an unnecessary, manual, administrative process, and end annoying requisitions that can be resolved much earlier. This is roughly 150 people, working full time, for a year.

    Mark Gray, Chief Transformation & Technology Officer, said

    This is another key milestone in improving our customer service and our processing times. By preventing errors up-front, automating routine tasks and removing unnecessary correspondence, we will save time for our customers and our caseworkers alike. And this is just the next step in modernising and automating more of our work, there is much more to come.

    HM Land Registry is focusing on easily avoidable, administrative errors to save customers’ time but also to enable further automation of HM Land Registry processes – removing time-consuming administrative work and improving overall service speeds.

    The organisation will continue to enhance the registration service by introducing further checks on the data contained in transfer and charge deeds in late 2026.

    Read through the full list of checks.

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: Applied Systems Shines in Built In’s 2025 Best Places to Work Awards

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., Feb. 26, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced its recognition in Built In’s 2025 Best Places to Work Awards. Each year, Built In celebrates tech companies of all sizes across the U.S. that offer exceptional total rewards packages, highlighting the innovative workspaces and employee-centric programs that set them apart. Applied secured impressive rankings on Built In’s “100 Best Large Companies” and “100 Best Places to Work” lists.

    100 Best Large Companies (1,000+ employees):

    • Dallas: #18
    • Austin: #23
    • Atlanta: #29
    • Boston: #34
    • Chicago: #36

    100 Best Places to Work:

    • Dallas: #25
    • Austin: #34
    • Atlanta: #32
    • Boston: #49
    • Chicago: #61

    “Being recognized as a Best Place to Work is a testament to these companies’ commitment to building a workplace where individuals and innovation thrive,” said Maria Christopoulos Katris, founder and chief executive officer, Built In. “At Built In, we understand that great companies are powered by great teams, and this achievement showcases their dedication to fostering a culture of growth, inclusivity, and excellence. Congratulations on this well-deserved honor.”

    Built In selects its Best Places to Work winners using an algorithm that analyzes company data on compensation, benefits, remote work, DEI initiatives, and other cultural factors, reflecting the benefits most valued by tech professionals in the workplace.  

    “We are incredibly proud to be recognized in Built In’s 2025 Best Places to Work Awards,” said Bridget Penney, chief people officer, Applied Systems. “This acknowledgment reflects our commitment to our people and delivering better outcomes for each other and our customers, fostering an environment where amazing career moments are made possible.”

    # # #

    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.

    The MIL Network

  • MIL-OSI: Šiaulių Bankas Group Results for the Year 2024

    Source: GlobeNewswire (MIL-OSI)

    • Financial targets. Šiaulių Bankas Group demonstrated strong performance and successfully achieved all its financial targets for 2024, delivering on its guidance
    • Profit. Šiaulių Bankas Group earned a record net profit of €78.8 million
    • Loan portfolio. The loan portfolio grew by 17% year-on-year to over €3.4 billion
    • Deposits. The deposit portfolio grew by 12% over the year to almost €3.6 billion at the end of 2024
    • Fee & commission income. Net fee and commission income grew by 44% year-on-year to over €29 million
    • Dividends. Šiaulių Bankas Group intends to propose a distribution of 50% of its 2024 net profit, or €0.061 dividend per share
    • Share buybacks. Will allocate up to 5% of the 2024 net profit for own share buybacks
    • Rebranding. A rebranding of Šiaulių Bankas will be proposed for the upcoming shareholders’ meeting

    “In 2024, we have successfully integrated INVL’s retail business into Šiaulių Bankas Group, updated our long-term vision and strategy, and initiated a business transformation that we believe will bring greater value to our customers, shareholders, and society.

    While launching strategic projects such as the replacement of the core banking platform and rebranding preparation, we maintained high profitability and service quality, effectively managing risk and costs.

    The successful implementation of our first international bond issuances and the updated dividend policy demonstrate our commitment to efficient capital utilization and delivering high returns to shareholders during the transformation period,” says Vytautas Sinius, CEO of Šiaulių Bankas.

    Šiaulių Bankas Group earned an unaudited net profit of €78.8 million in 2024 which is 5% more than in 2023. Operating profit before allowance for impairment losses and income tax amounted to €107.3 million, a 3% decrease compared to operating profit of €111.0 million in 2023.

    Net interest income grew by 2% year-on-year to €160.2 million, while net fee and commission income grew by 44% to over €29 million. The latter increased 11% in the last quarter of 2024 alone, compared to Q3 2024.

    All loan book segments grew during the year, with the total loan portfolio increasing by 17% (€503 million) to €3.43 billion. New credit agreements worth €1.5 billion were signed during the year, 14% more than in 2023 (€1.3 billion).

    The quality of the loan portfolio remains strong, with provisions of €11.3 million made in 2024, €4 million less than in 2023. The Cost of Risk (CoR) of the loan portfolio for year 2024 was 0.35% (0.54% for the 2023).

    The deposit portfolio grew by 12% since the beginning of the year (€383 million) and exceeded €3.5 billion at the end of the year. The amount of term deposits grew by 22% (€348 million) to over €1.9 billion during the year and their share in the total deposit portfolio increased by 5 percentage points to 54%.

    The bank’s capital structure was enhanced by an additional issue of Tier 1 (AT1) bonds of €50 million in the fourth quarter. All issuances made in 2024 have significantly strengthened and diversified the capital base, which allows for continued rapid growth while ensuring high returns for investors.

    The Bank’s Management Board, taking into the account the updated dividend policy, the bank’s strong performance in 2024, its robust capital position, and the favourable outlook for the operating environment, has decided to propose a dividend of 50% of the 2024 net profit (€0.061 per share) for approval at the Bank’s Annual General Meeting.

    Šiaulių Bankas has repurchased own shares worth €10.2 million and is planning to continue with buyback programmes, in line with the existing the European Central Bank’s (ECB’s) authorisation granted on 15th August 2024. The bank will also propose to allocate up to 5% of its 2024 net profit for the share buybacks for the capital reduction purpose, and to grant shares as part of the deferred variable remuneration for the employees of the Šiaulių Bankas Group.

    The group’s cost/income ratio (C/I) was 49.0%1 (41.2%1 in 2023) and the return on equity (RoE) was 14.0% (15.5% in 2023) at the end of the year. The capital and liquidity position remained strong and prudential ratios are being met by a wide margin. The capital adequacy ratio (CAR) stood at 22.8%2 and the liquidity coverage ratio (LCR) at 232%2.

    Income Statement (€’m) FY2024 FY2023 % ∆
           
    Net Interest Income 160.2 156.9 2%
    Net Fee & Commission Income 29.1 20.3 44%
    Other Income 34.4 19.3 78%
    Total Revenue 223.7 196.5 14%
           
    Salaries and Related Expenses (49.5) (36.2) 37%
    Other Operating Expenses (66.9) (49.3) 36%
    Total Operating Expenses (116.4) (85.5) 36%
           
    Operating Profit 107.3 111.0 (3%)
    Allowance for Impairment Losses (10.9) (15.2) (28%)
    Income Tax Expense (17.7) (20.4) (13%)
           
    Net Profit 78.8 75.4 5%
           
    Balance Sheet Metrics (€’m) Dec 2024 Dec 2023 % ∆
           
    Loans 3 435 2 932 17%
    Total Assets 4 923 4 808 2%
    Deposits 3 561 3 178 12%
    Equity 585 543 8%
           
    Assets under Management3 1,977 1,556 27%
    Assets under Custody 1,936 1,943 0%
           
    Key Ratios FY2024 FY2023
           
    Net Interest Margin (NIM) 3.3% 4.2% -93bps
    Cost-to-Income ratio (C/I)1 49.0% 41.2% +779bps
    Return on Equity (RoE) 14.0% 15.5% -146bps
    Cost of Risk (CoR) 0.3% 0.5% -19bps
    Capital Adequacy Ratio (CAR)2 22.8% 22.4% +36bps
             

    Overview of Business Segments

    Corporate Client Segment

    Šiaulių Bankas has significantly increased the volume of corporate financing over the year – in 12 months new corporate financing agreements worth of €960 million were signed in 2024, 29% increase compared to previous year. In the 2024 the portfolio has grown by 20% (€308 million) to over €1.8 billion. Growth has been well-diversified across several strategic sectors, including manufacturing, retail, and renewable energy. A favourable business environment has encouraged investment and created additional opportunities for expansion.

    Šiaulių Bankas continued its commitments to promote sustainability and signed amendments to the Pre-financing and Contingent loan agreements with the European Investment Bank (EIB) concluded in 2016 to increase the Bank’s investment up to €255 million from €195 million – to finance the modernization programme of multi-apartment buildings in Lithuania.

    Private Client Segment

    In 2024, Šiaulių Bankas has successfully implemented key strategic initiatives that strengthened its market position and ensured sustainable growth. The successful integration of INVL retail business was a major accomplishment, which enabled the bank to expand its service offering and provide customers with even more opportunities. The implementation of new core banking platform is on track, promising a greater efficiency and an improves customer experience.

    To strengthen its image and further meet the expectations of its customers, Šiaulių Bankas has also started preparations for the rebranding. A rebranding of Šiaulių Bankas will be proposed for the upcoming shareholders’ meeting.

    The volume of new mortgage contracts in 2024 increased by 21% year-on-year to €213 million. In 2024 the mortgage portfolio has grown by 17% (€136 million) reaching €0.9 billion. The volume of new consumer loan contracts increased by 5% year-on-year to €232 million. Since the beginning of 2024, the consumer loan portfolio has grown by 19% (€57 million) to over €0.35 billion.

    Investment Client Segment

    The bank has remained active in the local corporate bond market, originating €42 million in corporate bonds across 10 issuances for its clients in Q4 2024. Total corporate bond issuance for the year reached €227 million. According to Nasdaq Baltics, Šiaulių Bankas is leading security issuer in Lithuania and the Baltic States and maintains the largest share of securities trading on the Lithuanian stock exchange.

    Šiaulių Bankas demonstrated strong performance in asset management business in 2024. Client assets under management (AuM) reached €1.46 billion and grew by €277 million year-on-year. Growth was driven by new client investment flows and investment performance. In 2024, Šiaulių Bankas asset management company, earned €164.4 million for Tier II pension fund clients and €19.8 million for Tier III clients. In total, the profit generated for clients during the year was €184.2 million.

    SB Alternative Investment Fund III, providing new investment opportunities for Lithuanian retail investors, has enjoyed a successful launch, attracting over €6 million in 2024. Distribution of units of the investment fund is ongoing.

    The Life Insurance segment also showed steady growth, Risk Under Management (RUM) reaching EUR 1.7 billion in the fourth quarter, EUR 174 million more than a year ago.

    1after eliminating the impact of the client portfolio of SB Draudimas
    2preliminary data
    3includes Asset Management and Modernisation Funds AuM

    Šiaulių Bankas invites shareholders, investors, analysts and all interested parties to a webinar presentation of the financial results and highlights for the 2024. The webinar will start on 27 February 2025 at 8.30 am (EET). The webinar will be held in English. Please register here. Please find attached the information that will be presented at the webinar.

    If you would like to receive Šiaulių Bankas’ news for investors directly to your inbox, subscribe to our newsletter.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    Attachments

    The MIL Network

  • MIL-OSI: STMicroelectronics releases innovative satellite navigation receiver to democratize precise positioning for automotive and industrial applications

    Source: GlobeNewswire (MIL-OSI)

    STMicroelectronics releases innovative satellite navigation receiver to democratize precise positioning for automotive and industrial applications

    • ST first to put quad-band, multi-constellation design, needed for precise GNSS positioning accurate to a few centimeters, on a single die
    • Innovative design ensures cost-effective precise positioning for road users and for new industrial applications, to increase the areas where autonomous vehicles can operate

    Geneva, Switzerland, February 26, 2025 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has introduced the Teseo VI family of global navigation satellite system (GNSS) receivers aimed at high-volume precise positioning use cases. For the automotive industry, Teseo VI chips and modules will be core building blocks of advanced driving systems (ADAS), smart in-vehicle systems, and safety-critical applications such as autonomous driving. They have also been designed to improve positioning capabilities in multiple industrial applications including asset trackers, mobile robots for home deliveries, managing machinery and crop monitoring in smart agriculture, timing systems such as base stations, and many more.

    Our new Teseo VI receivers represent a real breakthrough among positioning engines for several reasons: they are the first to integrate multi-constellation and quad-band signal processing in a single die; they are the first to embed a dual-Arm®-core architecture enabling both very high performance and ASIL-level safety for assisted and autonomous driving applications. Last but not least, they embed ST’s proprietary embedded Non-Volatile-Memory (PCM), thus delivering a very integrated, cost-effective, and reliable platform for new precise-positioning solutions,” said Luca Celant, Digital Audio and Signal Solutions General Manager, STMicroelectronics. “ST’s new satellite-navigation receivers will support exciting, advanced capabilities in automotive ADAS applications and enable many new use cases being implemented by industrial companies.

    Teseo VI is the first in the market to integrate all the necessary system elements for centimeter accuracy into one die, supporting simultaneous multi-constellation and quad-band operations. This innovation simplifies the development of end-user navigation and positioning products, enhances reliability even in challenging conditions like urban canyons, and reduces bill-of-materials costs. Additionally, the single chip accelerates time to market and allows for compact and lightweight form factors.

    The new Teseo VI family of precise positioning receiver chips leverages decades of experience and integrates multiple ST proprietary technologies, including precise positioning and advanced embedded memory.

    Technical Notes for Editors

    ST’s new GNSS device family includes the Teseo VI STA8600A and Teseo VI+, STA8610A, each with dual independent Arm® Cortex®-M7 processing cores for local control of all the IC’s (integrated circuit) functions. The Cortex-M7 brings powerful 32-bit processing and helps enable concurrent multi-constellation and multi-band operation on a single die.

    Teseo VI+ can also host various enhanced positioning engines, developed independently by third ST Authorized Partner companies, to provide complete real-time kinematics for centimeter position accuracy.

    Completing the family, the Teseo APP2 STA9200MA operates dual cores in lockstep, providing hardware redundancy for applications such as road vehicle guidance meeting ISO 26262 ASIL-B functional safety. Pin-compatibility between Teseo APP2 and other Teseo VI ICs simplifies PCB design for companies producing ASIL-certified and non-ASIL applications.

    All variants feature ST’s innovative RF architecture and GNSS baseband design provides quad-band GNSS support (L1, L2, L5 and E6) with the unique ability to acquire and track only L5. This is highly effective in reducing outliers and increasing robustness in difficult conditions such as urban canyons and in the presence of jammers.

    In addition, the proprietary phase-change memory (PCM) technology removes external memory needs, thereby minimizing the system bill of materials (BOM) and simplifying the manufacturing supply chain. Proprietary PCM is robust to withstand challenging environments such as automotive, non-volatile like Flash, and has a small cell architecture suited to space-efficient on-chip integration.

    The ICs all contain a full set of hardware cyber security features including secure boot, over-the-air firmware update, and output-data protection. In addition, ST’s hardware security module (HSM) provides robust protection against online hacking. The devices comply with the latest UNECE R155 and ISO 21434 specifications that mandate cybersecurity by design.

    The Teseo VI product family is supported by an established ecosystem of suppliers and partners for algorithms, reference designs, and compatible complementary hardware.

    The Teseo VI product family includes also two new GNSS automotive modules: the Teseo-VIC6A in a 16mm x 12mm form factor (embedding Teseo VI), and the Teseo-ELE6A in a 17mm x 22mm form factor (embedding Teseo VI+). These new modules simplify the integration of Teseo VI/VI+ ICs on the customer platform and ensure optimum performance. 

    The Teseo VI samples are available on request.

    For more information, please go to www.st.com/teseo6

    You can also read our blogpost at https://blog.st.com/teseovi/

    About STMicroelectronics
    At ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.

    INVESTOR RELATIONS
    Jérôme Ramel
    EVP Corporate Development & Integrated External Communication
    Tel: +41.22.929.59.20
    jerome.ramel@st.com

    MEDIA RELATIONS
    Alexis Breton
    Corporate External Communications
    Tel: +33.6.59.16.79.08
    alexis.breton@st.com

    Attachments

    The MIL Network

  • MIL-OSI: Advocus Strengthens Leadership Team, Marking 60 Years of Advocacy

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 26, 2025 (GLOBE NEWSWIRE) — Chicago-based title insurance underwriter Advocus, celebrating its 60th anniversary, announced today a series of strategic leadership additions that will enable the company to continue driving growth and advancing its mission in 2025 and beyond.

    Peter J. Birnbaum moves from CEO to Executive Chairman, where he will support both local and national markets while mentoring and guiding the organization into the future. Since its founding, Advocus (formerly Attorneys’ Title Guaranty Fund, Inc. or ATG) has championed the role of attorneys in the title industry, ensuring legal professionals remain integral to real estate transactions.

    Jill Cadwell joins Advocus as national President following 39 years in the title industry, including leadership roles at ServiceLink, PCN Network, and Radian. At Radian, she led a 400+ person team, scaled revenue over 200% in two years, and spearheaded the implementation of a digital processing platform that set a new industry standard. Recognized as a HousingWire Woman of Influence, Cadwell’s track record of fostering growth and modernization makes her a key figure in Advocus’ national expansion.

    “As the industry continues to evolve, I’m excited to help shape the future of title services by blending technology, operational expertise, and a commitment to attorney-driven advocacy,” Cadwell said. “Advocus is uniquely positioned to redefine excellence in the market, and I look forward to building on its legacy while driving forward-looking solutions for our partners and clients.”

    Lynne Crotty, has been named Chief Operating Officer at Advocus, bringing a wealth of expertise in national expansion, operational efficiency, and team development. Her career trajectory, from the mailroom to the boardroom, is a testament to her industry knowledge and dedication.

    “Advocus has a long-standing commitment to excellence and attorney-driven advocacy, and I’m eager to build on that foundation,” Crotty said. “As we expand our reach and enhance our operational capabilities, my focus will be on streamlining efficiencies, fostering a strong team culture, and ensuring we deliver best-in-class service to our partners and clients nationwide.”

    Birnbaum added, “This new leadership team brings fresh energy and strategic vision to propel Advocus forward while staying true to our mission. Together, we will continue advocating for attorneys and ensuring consumers receive the trusted guidance they need in their most significant financial transactions.”

    Advocus’ 2022 merger with Rate, Inc. (formerly Guaranteed Rate) provided a national platform for growth, accelerating its expansion into Arizona, Connecticut, Georgia, Massachusetts, and Washington, D.C., alongside its existing presence in Florida, Illinois, Michigan, South Carolina, Texas, and Wisconsin. As Advocus celebrates this milestone anniversary, the company remains committed to innovation, attorney advocacy, and delivering best-in-class title services nationwide.

    About Advocus National Title Insurance Company
    Advocus is a national provider of title insurance and settlement services. Founded in 1964 on the belief that every consumer deserves legal representation and advocacy, Advocus is dedicated to preserving the attorney’s role in real estate transactions and offering attorney-led underwriting expertise. With a growing presence in markets across the United States, Advocus continues to set the standard for excellence in the title insurance industry. For more information, visit www.advocus.com.

    Media Contact:
    Aimee Miller
    aimee@broadsheetcomms.com

    The MIL Network

  • MIL-OSI Economics: Joachim Nagel: Presentation of the Deutsche Bundesbank’s Annual Report 2024

    Source: Bank for International Settlements

    Check against delivery 

    1 Welcome

    Ladies and gentlemen, 

    I would like to welcome you to our press conference, at which we will present our annual accounts.

    First Deputy Governor Sabine Mauderer will explain our annual accounts to you in more detail in just a few moments. 

    To begin, however, I would like to take a look at current developments in economic activity and prices. I will then explain what conclusions I draw for our monetary policy stance. And, at the end of my statement, I will present the most important figures from our profit and loss account.

    2 Need for economic policy action in Germany

    Two days on from the snap Bundestag election, the election results are at the focus of attention among the media and the public as a whole.

    There is a clear government mandate and a likely option for a coalition. In view of this, I hope that a new government will be formed swiftly.

    I am sure that all of the parties involved are cognisant of their responsibility: Germany needs an effective government as soon as possible. A government that uses smart economic policy to enable the economy to get back on track. That puts the German economy on a path to higher growth. By ensuring greater certainty of planning and improving supply-side conditions.

    MIL OSI Economics

  • MIL-OSI Global: How tourism and fish farming can thrive together

    Source: The Conversation – UK – By Mausam Budhathoki, Postdoctoral Researcher, Institute of Aquaculture, University of Stirling

    The tourism and aquaculture sectors have been working together in Oban, on Scotland’s west coast. Rab Woods/Shutterstock

    In many coastal regions, tourism and fish farms are vital industries that drive economic growth. Yet, they often compete for space, raising concerns about how to balance these two sectors without compromising the environment or local livelihoods.

    In Oban, on the west coast of Scotland, the twin industries of tourism and aquaculture are learning to coexist – and even thrive together. Coastal communities can face economic challenges due to the seasonal nature of tourism as well as often limited job options. Their reliance on coastal resources, which are increasingly affected by environmental changes, can heighten the difficulties.

    Aquaculture in high-income countries hasn’t always had the best reputation. Public perception can be negative due to concerns about the environmental impact and resource use. But when it’s practised sustainably, aquaculture can in fact help meet global food demands and contribute to the UN’s sustainable development goals, a blueprint for economic growth that’s equitable and environmentally aware.

    Our recent study explored how tourists perceive aquaculture during their holiday and whether exposure to fish farms influences their willingness to consume locally farmed seafood. The results suggest that integrating aquaculture and tourism can increase awareness of sustainable seafood and create economic opportunities.

    Oban’s coastline is home to salmon farms, shellfish cultivation, including mussels and oysters, and new seaweed farms. All of these sit in waters popular for marine tours. The tours attract visitors eager to learn more about local wildlife and history. But, aquaculture often faces criticism due to its impact on the landscape and marine ecosystems.

    This tension is not unique to Oban. Across Europe, aquaculture growth has stagnated despite its potential to improve food security and sustainability. Regulatory challenges and conflicts over space are significant hurdles. This is especially true in coastal communities where the acceptance and support of the community – known as a “social licence to operate” – is crucial.

    But our study offers a promising solution: aquaculture–tourism integration. By showcasing aquaculture as part of the tourism experience, Oban can educate visitors, encourage greater acceptance of sustainable farming practices and boost the local economy.

    What tourists think about aquaculture

    We surveyed 200 tourists on marine tours in Oban to understand how they view aquaculture. The responses revealed three main types of tourists. These are those with multiple motivations (visitors drawn by nature, socialising and learning); “relaxers” (tourists seeking rest and relaxation, often with little previous knowledge of aquaculture); and outgoing nature enthusiasts (active travellers who value wildlife and environmental conservation).

    Despite their different motivations, most tourists responded positively to seeing fish farms during their tours. The most notable shift was among the “relaxers”, who were more interested in eating locally farmed seafood after learning about sustainable farming practices. This shows how education and direct experience can reshape the way seafood production is perceived.

    Aquaculture sites are often viewed as eyesores, but our findings show that when framed as part of local culture, they can actually enrich the tourist experience. Tourists appreciated learning about sustainable seafood production as the boats approached floating net cages and began to view aquaculture as a positive part of the community.

    Marine tours could include stops at aquaculture sites to let visitors see the operation, hear from farmers and even sample the products. This would present an opportunity to engage tourists and encourage a connection with the industry – potentially building trust with the public.

    A successful hybrid venture in the seas around Rhodes, Greece.

    This kind of integration offers several advantages. First, it can drive economic growth by attracting tourists interested in sustainable food and environmental practices. This can create a new revenue stream for both the aquaculture and tourism sectors. For example, a small farm on the Greek island of Rhodes partners with a diving centre to offer marine biology tours and dives around its site. Visitors learn about sustainable aquaculture and swim with sea bream in net pens, exploring how these practices support environmental conservation.

    Beyond the economic benefits, it can also raise environmental awareness. As tourists learn about sustainable seafood farming, they are more likely to support more environmentally friendly food production in general.

    By understanding how aquaculture contributes to food security, public perceptions could shift, leading to broader acceptance of aquaculture as a solution for global food challenges. And positive experiences of aquaculture not only shift perceptions but also make it easier for operators to win support from the community and encourage a more responsible approach to farming practices. However, it’s important that these efforts are honest and truly focused on environmental and social responsibility.

    While many of the benefits are clear, there are challenges. Both aquaculture and tourism can damage the environment. Tourism can lead to habitat disruption and pollution, while poorly managed aquaculture can affect water quality and marine biodiversity.

    But when farms are regularly visited as part of tourism activities such as boat tours or guided farm visits, there is a greater incentive to maintain high environmental standards. Nonetheless, careful planning and regulation are essential to ensure both sectors operate sustainably without harming ecosystems.

    Another challenge is the aesthetic impact of aquaculture, a common issue with industrial food production. Fish farms inevitably alter coastal landscapes, but operators can choose design solutions that balance production needs with preserving the outlook.

    Finally, competition for resources and space can lead to conflicts between tourism and aquaculture. Coastal communities must manage these demands carefully to ensure both sectors can thrive. This requires collaboration between tourism operators and aquaculture farmers to prevent clashes over infrastructure and resources.

    Oban’s successful integration of aquaculture and tourism offers a model that can could be replicated by coastal communities globally. But barriers, such as the remoteness of some farms or regulatory requirements, may limit feasibility. However, by transforming fish farms into educational attractions, Oban demonstrates how sustainable practices can benefit both sectors.

    With a focus on cooperation, education and responsible farming, an integrated approach between tourism operators and aquaculture companies could strengthen the reputation of local seafood. Ultimately, it offers a sustainable model for coastal communities.

    Mausam Budhathoki receives funding from the EATFISH project, funded by the European Union’s Horizon 2020 Research and Innovation Programme (Grant 956697).

    Dave Little receives funding from EATFISH project, funded by the European Union’s Horizon 2020 Research and Innovation Programme (Grant 956697).

    ref. How tourism and fish farming can thrive together – https://theconversation.com/how-tourism-and-fish-farming-can-thrive-together-249835

    MIL OSI – Global Reports