NewzIntel.com

Category: Europe

  • MIL-OSI Global: Trans people affirmed their gender without medical help in medieval Europe − history shows how identity transcends medicine and law

    Source: The Conversation – USA – By Sarah Barringer, Ph.D. Candidate in English, University of Iowa

    The Lady and the Unicorn: Sight. Unknown/Musée de Cluny, Paris via Didier Descouens/Wikimedia Commons

    Restrictions on medical care for transgender youth assume that without the ability to medically transition, trans people will vanish.

    As of 2024, 26 U.S. states have banned gender-affirming care for young people. Less than a month into office, President Donald Trump issued numerous executive orders targeting transgender people, including a mandate to use “sex” instead of “gender” on passports, visas and global entry cards, as well as a ban on gender-affirming care for young people. These actions foreground the upcoming Supreme Court case of U.S. vs. Skrmetti which promises to shape the future of gender-affirming health care in the U.S., including restrictions or bans.

    History, however, shows that withholding health care does not make transgender people go away. Scholarship of medieval literature and historical records reveals how transgender people transitioned even without a robust medical system – instead, they changed their clothes, name and social position.

    Surgery in medieval times

    Surgery was not a widespread practice in the medieval period. While it gained some traction in the 1300s, surgery was limited to southern France and northern Italy. Even there, surgery was dangerous and the risk of infection high.

    Cutting off fleshy bits is an old practice and, potential dangers aside, removing a penis or breasts wasn’t impossible. But amputating functioning limbs was nearly always a form of punishment. Medieval people, including surgeons and patients, likely would not have had positive views of surgery that involved removing working body parts.

    Illustration from a Latin translation of Albucasis’ Chirurgia, depicting surgical instruments.
    Wellcome Collection

    Surgeons in the 14th century were increasingly thinking about how to perform surgery on those with both male and female genitalia – people now called intersex. But they thought about this in terms of “correcting” genitalia to make it more apparently male or female – an attitude still present today. Historically, the procedure was probably performed on adults, but today it is usually performed on children. Both then and now, the surgery often disregards the patient’s wishes and is not medically necessary, at times leading to complications later. For patients deemed female, excess flesh could be cut away, and for patients deemed male, the vulva could be cauterized to close it.

    There is, however, at least one historical example of a transgender individual receiving surgery. In 1300, near Bern, Switzerland, an unnamed woman was legally separated from her husband because she was unable to have sex with him. Soon after, the woman headed to Bologna, which was the surgery capital of Europe at the time. There, a surgeon cut open the woman’s vulva, revealing a penis and testicles. The account ends, “Back home, he took a wife, did rural work, and had legitimate and sufficient intercourse with his wife.”

    The story presents the possibility of medical transition, possibly even a desire for it. But given the limits of surgical techniques and ideologies at the time, these forms of medical transition were unlikely to be common.

    Transitioning without medicine

    To transition without medicine, medieval transgender people relied on changes they could make themselves. They cut their hair, put on different clothes, changed their names, and found new places in society.

    In 1388, a young woman named Catherine in Rottweil, Germany, “put on men’s clothes, declared herself to be a man, and called herself John.” John went on to marry a woman and later developed breasts. This caused some initial consternation – the city council of Rottweil sent John and his wife to court. However, the court did not see breasts as inhibiting John’s masculinity and the couple went home without facing any charges.

    In 1395, a transgender woman named Eleanor Rykener appeared before a court in London, England, after she was caught working as a prostitute. The court clerk wrote “that a certain Anna … first taught [her] to practice this detestable vice in the manner of a woman. [She] further said that a certain Elizabeth Bronderer first dressed [her] in women’s clothing” and later she took on work as an embroideress and tapster, a sort of bartender. The account is Rykener’s own, but the court clerk editorialized it, notably adding the phrase “detestable vice” in reference to prostitution.

    Detail of lovers in bed, Aldobrandino of Siena, Le Régime du corps, northern France. 13th century.
    British Library Catalogue of Illuminated Manuscripts/Sloane MS 2435, f. 9v.

    Rykener’s account reveals that there were a number of people interested in helping her transition – people who helped her dress, taught her how to behave, provided her employment and supported her choice of a new name. Community was a more important part of her transition than transforming her body. Based on the record, she apparently did not make an effort to create breasts.

    Another account appeared in 1355 in Venice, Italy, concerning Rolandina Ronchaia. While John declared himself male, and Rykener was very active in her transition, Ronchaia’s transition was spurred on by the perceptions of others. She argued that she had always had a “feminine face, voice and gestures,” and was often mistaken for a woman. She also had breasts, “in women’s fashion.” One night, a man came to have sex with her, and Ronchaia, “wishing to connect like a woman, hid [her] own penis and took the man’s penis.” After that, she moved to Venice, where, although she continued to wear men’s clothes, she was still perceived as a woman.

    Ronchaia’s account is unique because it emphasizes her body and her desire to change it by hiding her penis. But this was still a matter of what she herself could do to express her gender, rather than a medical transition.

    A long transgender history

    The accounts of medieval transgender individuals are limited – not only in number but in length. A lot of things did not get written down, and people were not talking about transgender people the way we are now.

    Historical accounts of transgender individuals are almost always in court records, which reflect the concerns of the court more clearly than the concerns of its subjects. The court was especially worried about sexual activity between men, which both overemphasizes the importance of sex in medieval transgender people’s lives and often obscures that these accounts are even about transgender people. Eleanor Ryekener’s account frequently misgenders her and refers to her as “John.”

    But it’s clear that transgender people existed in the medieval period, even when medical care was unavailable to them.

    A court document from the interrogation of John Rykener.
    Internet Medieval Source Book/Wikimedia Commons

    It is also the case that many of these individuals – Rykener is a likely exception – were probably intersex, and their experience would be different from those who were not. Intersex people were legally recognized and allowed some leeway if they chose to transition as an adult. This is starkly apparent in an account from Lille, France, in 1458, where a transgender woman was accused of sodomy and burned at the stake. She claimed “to have both sexes,” but the account says this was not the case. While being demonstrably intersex may not have saved her, that she claimed she was is telling.

    Gender transition has a long history, going even further back than the medieval period. Then as now, the local community played a vital role in aiding an individual’s transition. Unlike the medieval period, most modern societies have far greater access to medical care. Despite current restrictions, transgender people have far more options for transition than they once did.

    Medieval modes of transitioning are not a solution to current denials of medical care. But medieval transgender lives do illuminate that transgender people will not vanish even when the legal and medical systems strive to erase them.

    Sarah Barringer 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. Trans people affirmed their gender without medical help in medieval Europe − history shows how identity transcends medicine and law – https://theconversation.com/trans-people-affirmed-their-gender-without-medical-help-in-medieval-europe-history-shows-how-identity-transcends-medicine-and-law-248559

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Scottish Secretary reacts to Labour Market Stats

    Source: United Kingdom – Executive Government & Departments

    Today’s figures show there are 77,000 workers in Scotland on zero-hours contracts, who will benefit from increased job security thanks to UK Government

    The latest Labour Market Statistics for Scotland are published today – see here and here.

    Commenting on the figures, Secretary of State for Scotland Ian Murray, said:

    Having access to well-paid work is a right that should be afforded to all. That’s why we’re creating jobs and opportunities through our Plan for Change and truly making work pay to help raise living standards right across the UK.

    We are putting more money in people’s pockets – around 200,000 workers in Scotland are expected to benefit from a direct pay rise due to the increases to the national minimum and national living wages from April. Year on year, wages after inflation have grown at the fastest rates in three years since last July – worth an extra £20 a week after inflation.

    Help to find work will be more tailored with our wide-reaching Jobcentre reforms and by encouraging investment, we’re boosting businesses of all sizes to deliver growth.

    Background

    Today’s figures show there are 77,000 workers in Scotland on zero-hours contracts, who will benefit from increased job security when the UK Government implements measures which seek to end exploitative zero hours contracts.

    These measures are:

    1. A right to guaranteed hours, where the number of hours offered reflects the hours worked by the worker during a reference period. This initial reference period will be specified in regulations and is anticipated to be 12 weeks.

    2. New rights to reasonable notice of shifts, with proportionate payment for shifts cancelled, moved or curtailed at short notice.

    Today’s figures for January 2025 show that there were 2.46 million payrolled employees in Scotland, a decrease of -0.1 per cent (-2,000) compared with January 2024. This compares with the UK where the number of payrolled employees had an increase of 0.2% over the same period.

    Also in January 2025 the claimant count unemployment rate was 3.8 per cent, compared with 4.6 per cent for the UK as a whole.

    Quarterly figures are also published today and estimates from October to December 2024 indicate that over the quarter, the economic inactivity rate decreased while the employment and unemployment rates increased

    The estimated unemployment rate (16 and over) in Scotland was 3.8 per cent, up 0.5 percentage points over the quarter. Scotland’s unemployment rate was below the UK rate of 4.4 per cent

    The estimated employment rate (the proportion of people aged 16 to 64 in work) in Scotland was 74.2 per cent, up 0.9 percentage points over the quarter. Scotland’s employment rate was below the UK rate of 74.9 per cent

    The estimated economic inactivity rate (the proportion of people aged 16 to 64 years who were not working and not seeking or available to work) in Scotland was 22.8 per cent, down 1.2 percentage points over the quarter. Scotland’s economic inactivity rate was above the UK rate of 21.5 per cent.

    Updates to this page

    Published 18 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Global: How Oscar-nominated screenwriters attempt to craft authentic dialogue, dialects and accents

    Source: The Conversation – USA – By Chris C. Palmer, Professor of English, Kennesaw State University

    Editors deployed AI to make the Hungarian dialogue in ‘The Brutalist’ sound more authentic. A24/TNS

    The 2025 slate of Oscar nominees recognizes many writers, directors and actors whose scripts and performances don’t necessarily reflect their own cultural and linguistic backgrounds.

    Greg Kwedar and Clint Bentley, both white, co-wrote “Sing Sing,” a story about rehabilitation through art in a maximum security prison where the characters are almost entirely people of color.

    Meg LeFauve has now earned her second nomination for penning a script that gives voice the gamut of emotions surging through a young girl in “Inside Out 2.” She’s in her 50s.

    The director of “Conclave,” Edward Berger, its writer, Peter Straughan, and its lead actor, Ralph Fiennes, are all self-proclaimed lapsed Catholics. Yet they brought to life a political thriller set in the Vatican.

    “The Brutalist” was written entirely in English, but much of the film’s dialogue is in Hungarian, with two leads who are not native Hungarian speakers.

    Most screenwriters endeavor to craft characters outside their own backgrounds and experiences. But concerns about authentic language representation and cultural accuracy persist, and accusations of cultural appropriation and lazy research are commonplace.

    “Emilia Pérez,” for example, has been heavily criticized not only for unrealistic portrayals of gender transition but also for inauthentic depictions of Mexican culture and accents.

    The film’s director, Jacques Audiard, has even claimed his lack of knowledge of Spanish has been an artistic benefit. He says it gives him “a quality of detachment” to emphasize “emotion” rather than “focus too strongly on the accent, the punctuation.”

    His lack of interest in precise depictions of language and culture contrasts sharply with our recent research, which shows ample interest from practicing screenwriters in accurately representing dialects and accents in scripts.

    Wanting to get it right

    We surveyed over 50 current members of the Writers Guild of America, and they broadly told us that sensitivity to linguistic representation has increased since the 2010s.

    Several commented that there’s been more commitment to hiring writers who represent the characters’ voices and backgrounds. There’s also more “freedom to include diverse characters and worlds… but a commensurate emphasis on authenticity and a higher bar for what that means,” as one writer explained.

    “Authenticity” was consistently cited in our survey as a principal consideration when writing dialogue. Other concerns included scripts’ intelligibility, historical accuracy and believability.

    In most cases, screenwriters aspire to write dialogue that sounds authentic. But it’s not easy – and often requires collaboration to get it right. Writers noted how they’ll adjust their dialogue based on production needs, such as budgetary concerns, input from actors and directors, and feedback from dialect coaches and historical consultants.

    For example, spec scripts – or noncommissioned film scripts – are written before any casting or production decisions are made. The dialogue in these scripts will likely change once actors and other creatives are attached to the project.

    Recipes for capturing linguistic nuance

    In our study, we also reviewed screenwriting manuals published as far back as 1946.

    Manuals didn’t begin to raise explicit ethical concerns, such as the use of inaccurate linguistic stereotypes in dialogue, until the 1980s. For example, many older films, such as “Gone with the Wind,” often used phonetic spelling in their scripts, with features such as g-dropping – “quittin’” for “quitting” – to mark only the speech of lower-class or racially marginalized characters, despite the fact that all people, regardless of background, have accents.

    Susan Sarandon, Sean Penn and Tim Robbins look over a script on the set of the death row drama ‘Dead Man Walking,’ which was set in Louisiana.
    Demmie Todd/Fotos International via Getty Images

    Writing in heavy phonetics is generally discouraged in modern screenwriting.

    There are practical reasons for this. Scripts are read before they’re seen and therefore must first appeal to the not so general audience of executives who buy them. As one writer explained, “My script is targeted towards them.”

    Take “Trainspotting.” Irvine Welsh’s 1993 novel about a group of heroin addicts in Edinburgh was written with heavy phonetics to capture the characters’ Scottish dialect: “ah wouldnae git tae watch it.” But the screenplay uses lines without phonetics, such as, “I wouldn’t have bothered.”

    In this respect, there’s a notable difference in novels and their respective adaptations. One surveyed writer avoids dialectal markers and will “default to standard American English unless there is a reason not to.”

    That doesn’t mean the actors in “Trainspotting” should speak in an American English accent. Instead, screenwriters might simply indicate the use of language and dialect when describing the scene in a script or, as one surveyed screenwriter explained, “make a note in the parenthetical that ‘Brynn speaks with a heavy West Virginia accent’” to flag the work that “the actor, dialogue coach, and writer will need to do together.”

    This method is employed in “The Brutalist.” The film is partly in Hungarian, but writer and director Brady Corbet and his Norwegian co-writer, Mona Fastvold, wrote the Hungarian dialogue in standard English. They then used parentheticals to indicate any non-English delivery of dialogue. The film’s stars, Adrien Brody and Felicity Jones, worked with a dialect coach to hone their accents.

    “Anora,” which tells the story of an exotic dancer in a whirlwind romance, features characters who speak Russian, Armenian and English with varying degrees of fluency. Even though the characters frequently switch between these languages, the entire script is in unbroken English. Code-switching is simply marked with “Russian,” “Armenian” or “English” in the script before a piece of dialogue.

    ‘Anora’ featured characters who switched between Russian, Armenian and English.

    But limiting oneself to standard U.S. English restricts diversity in the written dialogue itself. Some writers may want to use dialect or language to convey character authenticity on the page.

    Our survey respondents described this as “flavor” – the strategic use of dialectal words or phrases to create distinct voices, with limited phonetics. Jesse Eisenberg, in his Oscar-nominated script “A Real Pain,” lightly blends American English with occasional Yiddish words to great effect: “… landed in Galveston for some fakakta reason,” or “crazy” reason.

    AI chimes in

    Attempts at authenticity can become muddied when AI gets involved.

    When making “The Brutalist,” Corbet controversially used AI technology to refine the movie’s Hungarian dialogue.

    Some questioned the film’s authenticity due to the use of AI, arguing that nothing can be authentic if it’s achieved artificially.

    But the film’s creators, including editor and native Hungarian speaker Dávid Jancsó, defended this choice. They argued the technology actually enhanced the language’s authenticity, particularly since Hungarian’s system of vowels and consonants is especially hard for nonnative speakers to capture accurately.

    Whether writers use phonetics or standard language, and whether producers use AI or dialect coaches, questions of ethics and linguistic authenticity will remain. It’s important to research language choices and dialogue, and to consult the diverse speakers portrayed in scripts.

    These are among the many essential checks and balances that are becoming bigger parts of the filmmaking process.

    Mitchell Olson is affiliated with Carter Stanton, Creative Executive at Brookstreet Pictures, which was a co-producer of “The Brutalist.” He’s also an acquaintance of Meg LeFauve. He has no stake in the performance of their work outside of having professional relationships.

    Chris C. Palmer 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. How Oscar-nominated screenwriters attempt to craft authentic dialogue, dialects and accents – https://theconversation.com/how-oscar-nominated-screenwriters-attempt-to-craft-authentic-dialogue-dialects-and-accents-247658

    MIL OSI – Global Reports –

  • MIL-OSI Global: Nat King Cole’s often overlooked role in the Civil Rights Movement

    Source: The Conversation – USA – By Donna M. Cox, Professor of Music, University of Dayton

    Nat King Cole performs in Copenhagen, Denmark, in April 1960. Ebbe Wrae/JP Jazz Archive/Getty Images

    Six decades after Nat King Cole’s death in 1965, his music is still some of the most played in the world, and his celebrity transcends generational and racial divides. His smooth voice, captivating piano skills and enduring charisma earned him international acclaim.

    One of the most influential artists of the 20th century, Cole was not only a groundbreaking musician but also a quiet, yet resolute, advocate for social justice.

    As an African American sacred music scholar, I have been immersed in the inseparable link between music, culture and social change for over 40 years. Examining Cole through the lens of his activism uncovers the nuanced ways in which he challenged the status quo and contributed to the Civil Rights Movement.

    Beneath the polished veneer of his public image lay a deeply personal commitment to confronting racism and advocating for equality that is often overlooked.

    Formative years

    Nathaniel Adams Coles was born on March 17, 1919, in Montgomery, Alabama, to Perlina Adams Coles and Edward James Coles. Perlina served as the organist at the True Light Baptist Church and later the First Baptist Church of North Chicago, both pastored by Nathaniel’s father. She passed her love for music to her children, teaching them to play the piano and organ. Cole’s formative years were spent in church; gospel songs, hymns and spirituals formed the foundation of his musical education.

    Though Cole is primarily remembered for his jazz and pop hits, the emotive power, communal emphasis and uplifting nature of Black sacred music profoundly shaped his artistry throughout his career, despite his single sacred album, “Every Time I Feel The Spirit,” released in 1959. The influence of gospel music, in particular, can be heard in his soulful phrasing and heartfelt delivery, contributing to his remarkable ability to connect with audiences.

    Growing up in Chicago, he was also exposed to a rich tapestry of musical genres, including blues, classical and jazz. This eclectic upbringing laid the foundation for his versatile musical style and commercial success.

    Group portrait of singer Nat King Cole with his mother, Perlina, his younger brother, Ike, and his father, Edward, circa 1940.
    Nat King Cole photograph collection/New York Public Library

    While Cole’s music was not overtly political, his very presence in the mainstream was a statement. In an era of racial segregation, he was a Black man achieving unprecedented success in a predominantly white music industry. His impeccable diction, tailored suits and sophisticated performances countered the prevailing stereotypes of African Americans as uncouth or subservient.

    By embodying a poised and dignified persona, Cole communicated a powerful message: Black excellence and humanity could not be denied. As race scholar George Lipsitz writes in “The Possessive Investment in Whiteness,” “The cultural field … is a site of struggle where meanings are contested and power relations are negotiated.”

    Cole’s success challenged the structural racism that sought to confine Black artists to the margins and opened doors for future generations. He acknowledged the significance of his presence on national television, recognizing it as a potential turning point for Black representation. While hesitant to explicitly label himself an activist, he contemplated the impact of his success on breaking down barriers, believing that “when you’ve got the respect of white and colored, you can ease a lot of things.”

    Confronting racism

    In response to critics who dismiss Cole’s legacy as apolitical, I argue that they overlook the complexity of his resistance. Several scholars have stated that in a society where overt defiance often resulted in violence or economic ruin, Cole’s ability to navigate the entertainment industry while maintaining his dignity was itself a form of activism.

    Though Cole never referred to himself as an activist, he confronted racism in both overt and quiet ways. Scholars such as cultural theorist Stuart Hall and researcher Laura Pottinger define “quiet activism” as modest, everyday acts of resistance – either implicitly or explicitly political – that challenge dominant ideologies and power structures. These acts often entail processes of production or creativity.

    Despite his commercial success, Cole faced relentless systemic and personal racism. In 1948, he purchased a home in the affluent Hancock Park neighborhood of Los Angeles, a move met with hostility; the local homeowners association attempted to expel him, and he endured threats and acts of vandalism.

    Yet Cole refused to be intimidated. His resolve was a courageous act of resistance that highlighted the pervasive inequalities of the time.

    Cole faced blatant discrimination in Las Vegas. He was often denied access to the same hotels and restaurants where he performed, forced to stay in segregated accommodations. One particularly notable incident occurred at the Sands Hotel. in Las Vegas. When the maitre d’ tried to deny service to Cole’s Black bandmates in the dining room, Cole threatened to cancel his performance and leave. This forced the hotel management to back down, setting a precedent for other Black entertainers and patrons.

    Cole quietly sued hotels and negotiated contracts that guaranteed his right to stay in the hotels where he performed, a significant step toward desegregation. He also made it a point to bring his entire entourage, including Black musicians and friends, to these establishments, challenging their “whites only” policies.

    ‘We Are Americans Too’

    Photo of Natalie Cole singing with her father, Nat King Cole, in 1957.
    Michael Ochs Archives/Getty Images

    Cole’s impact extended beyond the realm of music. In 1956, he became the first African American to host a national network television show, “The Nat King Cole Show.” This was a groundbreaking moment, as it brought a Black man into the living rooms of millions of white Americans every week.

    Though the show faced challenges with sponsorship due to racial prejudice, it marked a significant step toward greater representation and acceptance. As historian Donald Bogle notes in his 2001 book “Toms, Coons, Mulattoes, Mammies, and Bucks,” “Television … became a new battleground for the image of the black performer.” Cole’s show, despite its short run, was a crucial battle in this war.

    When Cole was attacked onstage by white supremacists during a concert in Birmingham, Alabama, in 1956, it underscored the physical danger Black public figures faced and galvanized Cole’s commitment to the Civil Rights Movement.

    It is important to note that Cole’s support for the Civil Rights Movement was often quiet and behind the scenes. He faced criticism from some who felt he should have been more outspoken. However, his actions demonstrate his commitment to the cause of racial equality. Cole, who died in 1965 at the height of the Civil Rights Movement, was a member of his local NAACP branch. He also performed at benefit concerts for the organization, raising money to support their efforts in fighting racial discrimination.

    Shortly after the attack in Birmingham, Cole recorded his only song that is specifically political, “We Are Americans Too.” Recorded in 1956, the song was a powerful statement of belonging and a challenge to racial exclusion. Though it would not come close to reaching commercial success, it did serve as a powerful reminder that African Americans were, in fact, Americans. Over a half-century later, this song still resonates and speaks to the ongoing struggle for full inclusion and recognition for marginalized groups.

    The juxtaposition of the refrain “We are Americans too” against the backdrop of the treatment of Black people during the Civil Rights Movement gives this song emotional weight. The very act of having to assert “We are Americans too” highlights the injustice of the situation.

    It underscores the disconnect between the ideals of American democracy and the reality of racial inequality. In this context, the refrain “We are Americans too” is an act of resistance, a challenge to the prevailing social order. It highlights the hypocrisy of a nation founded on principles of liberty while denying those same liberties to a significant portion of its population. It’s a call for America to finally recognize the full humanity and citizenship of its Black citizens.

    ‘We Are Americans Too.’

    Great art, and great artists, are powerful witnesses of the times in which they live, love, work and play. Their commentary, both artistically and humanly, leaves an important record for generations. This is clearly evident in Nat King Cole.

    Donna M. Cox 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. Nat King Cole’s often overlooked role in the Civil Rights Movement – https://theconversation.com/nat-king-coles-often-overlooked-role-in-the-civil-rights-movement-248527

    MIL OSI – Global Reports –

  • MIL-OSI Global: Many gluten-free foods are high in calories and sugar, low on fiber and protein, and they cost more − new research

    Source: The Conversation – USA – By Sachin Rustgi, Associate Professor of Molecular Breeding, Clemson University

    The vast majority of Americans are not sensitive to foods containing gluten. Westend61 via Getty Images

    U.S. consumers often pay more for gluten-free products, yet these items typically provide less protein and more sugar and calories compared with gluten-containing alternatives. That is the key finding of my new study, published in the journal Plant Foods for Human Nutrition.

    This study compared gluten-free products with their gluten-containing counterparts, and the findings suggested that many perceived benefits of gluten-free products – such as weight control and diabetes management – are exaggerated.

    Currently, many gluten-free products lack dietary fiber, protein and essential nutrients. Manufacturers often add supplements to compensate, but the incorporation of dietary fibers during processing can hinder protein digestion.

    In addition, gluten-free products generally contain higher sugar levels compared with other products containing gluten. Long-term adherence to a gluten-free diet has been associated with increased body mass index, or BMI, and nutritional deficiencies.

    Gluten-free products – defined in the U.S. as those that contain less than or equal to 20 parts per million of gluten – largely lack wheat, rye, barley and sometimes oats, all rich sources of arabinoxylan, a crucial nonstarch polysaccharide. Arabinoxylan provides several health benefits, including promoting beneficial gut bacteria, enhancing digestion, regulating blood sugar levels and supporting a balanced gut microbiota.

    Our study also pointed out that it is difficult to find a gluten-free product that excels in all nutritional areas, such as high protein and fiber content with low carbohydrates and sugar.

    On the other hand, gluten-free seeded bread contains significantly more fiber – 38.24 grams per 100 grams – than its gluten-containing counterparts. This is likely due to efforts by manufacturers to address fiber deficiencies by using ingredients such as pseudo-cereals, such as amaranth and quinoa hydrocolloids – meaning water-soluble macromolecules used in gluten-free baked goods made with quinoa flour.

    These improvements, however, vary by manufacturer and region. For example, gluten-free products in Spain tend to have lower fiber content than their gluten-containing counterparts.

    Why it matters

    The term “gluten-free diet” has become a buzzword, much like “organic,” and is now a part of everyday life for many people, often without a full understanding of its actual benefits. While a gluten-free diet is a medical necessity for people who are sensitive to gluten, a condition called celiac disease, or for those with wheat allergies, others adopt a gluten-free diet due to perceived health benefits or because it’s a trend.

    In 2024, the global gluten-free product market was valued at US$7.28 billion and projected to reach $13.81 billion by 2032. The U.S. market share is estimated to be $5.9 billion – a little less than half of the global figure.

    Approximately 25% of the U.S. population consumes gluten-free products. This figure is far higher than the the roughly 6% of people with non-celiac wheat sensitivity, 1% of people with celiac disease and even lower percentages of people with wheat allergies.

    This suggests that many people adopt gluten-free diets for reasons other than medical necessity, which may not offer health or financial benefits.

    Symptoms of celiac disease and gluten intolerance include stomach pain and bloating.

    What’s next

    Investment in research and development is essential to create more nutritionally balanced gluten-free products using locally available ingredients. This will require human feeding trials with different formulations of gluten-free products to ensure that these products meet nutritional needs without adverse effects.

    Collaborations between governments could help secure subsidies, which would reduce production costs and make these products more affordable. Although the initial costs of research and maintaining a gluten-free production line are high, using local ingredients and financial incentives can make these products more cost-competitive compared with their gluten-containing counterparts.

    Public education is also important to keep people informed about the pros and cons associated with a gluten-free diet.

    The Research Brief is a short take on interesting academic work.

    Sachin Rustgi receives funding from the US Department of Agriculture and the Foundation for Food and Agricultural Research.

    – ref. Many gluten-free foods are high in calories and sugar, low on fiber and protein, and they cost more − new research – https://theconversation.com/many-gluten-free-foods-are-high-in-calories-and-sugar-low-on-fiber-and-protein-and-they-cost-more-new-research-247165

    MIL OSI – Global Reports –

  • MIL-OSI Russia: HSE Students Become European Champions in Arabic Debate

    Translartion. Region: Russians Fedetion –

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

    Team of students of the OP “Oriental Studies” Faculty of World Economy and World Politics HSE University is the only team from Russia to win first prize at the international Arabic language debate championship Qatar Debate and become the European champion among teams for whom Arabic is not their native language.

    This year the competition was held in Istanbul. There were three rounds of debates. Russian students defeated the Turkish team from Ibn Khaldun University and the Arabic-speaking team from Austria. In the third round they lost to the Turkish team from Fatih University by a very small margin.

    The team members received medals for being the best participants (speakers) of the championship. The jury noted the high level of preparation of the Russian students, who demonstrated excellent command of the Arabic language.

    The International Arabic Debate Championship Qatar Debate is held annually. Students Schools of Oriental Studies This is the second time that HSE University has won the European stage of the debate. In November 2023, they became the overall winners of the European round of the competition.

    “Our team consisted of experienced participants who had already competed in the Qatar Debate. Our students went from their first participation in the competition to victory in a short period of time. With the support of the faculty, they managed to become European champions and receive two of the three medals for the best participants. This once again confirms that today the School of Oriental Studies is the undisputed leader in teaching Arabic, and not only in Russia,” said Andrey Zeltyn, senior lecturer at the School of Oriental Studies at the National Research University Higher School of Economics.

    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 China: China responds to US-Russia talks on Ukraine crisis

    Source: China State Council Information Office

    China welcomes all peace efforts to resolve the Ukraine crisis, including the talks between the United States and Russia, and China hopes that all parties and stakeholders can participate in the peace talks process in due course, Foreign Ministry spokesperson Guo Jiakun said on Tuesday.

    China always believes that dialogue and negotiation are the only viable way to resolve the crisis and has been committed to promoting talks for peace, Guo said at a regular news briefing.

    He made the comments in response to a query about a meeting between the U.S. and Russian officials on Tuesday in Riyadh, Saudi Arabia, without the participation of Ukraine.

    MIL OSI China News –

  • MIL-OSI USA: Puppetry Exhibition Showcases Photographic Work of UConn Alum, 60 Years of Puppet Arts

    Source: US State of Connecticut

    The lens of Richard Termine’s camera frames the performers before him like the decorative proscenium around a stage, in a view the award-winning photographer says is both wonderful and challenging to capture.

    Termine says he considers himself a partner to the performers, moving in a dance around them, anticipating their next move, as he clicks his way to capturing the moments of life and emotion they convey.

    A Middletown native and double UConn alum, he started studying the dramatic arts as an elementary student who went to the library to learn more after seeing a marionette performance of “Rigoletto,” he says.

    “It just blew me away. It was transformative,” Termine ’75 (SFA), ’78 MFA says of that school assembly. “When I go to the theater … I want to go to worlds and places I haven’t been, and puppetry is No. 1 on the list that does that for me.”

    Jim Henson, left, and Brian Henson taught a three-week International Workshop in Puppetry for Film and Television during the summer of 1987 at the Institut International de la Marionnette in Charleville-Mezières, France. Termine went along as Jim Henson’s teaching assistant and also photo documented the event. (Photo courtesy of Richard Termine)

    A one-time puppet designer, puppet builder, and puppet director, Termine lists name-brand shows on his resume including “Sesame Street” and readily talks about knowing the famed duo Jim Henson and Frank Oz. He discovered photography in the late 1970s at the suggestion of a friend.

    Today, he lists the New York Times and Village Voice, along with Time, Newsweek, and People among his credits. Yet, even after decades in the business, Termine says he still marvels at the power of puppets and their performers.

    “I’m standing on their shoulders in terms of my art form, and I’m the interpreter of what’s in front of me,” he says. “What I love about this is I’m transformed when I’m working. … When I’m in the moment, it’s exhilarating.”

    Visitors to the Ballard Institute and Museum of Puppetry will have a chance to see just what Termine sees when he puts his eye to the camera. Its latest exhibition, “American Puppet Theater Today: The Photography of Richard Termine,” includes 151 of his images.

    The show, courtesy of The Jim Henson Foundation, was created in 2019 for display in France and since has seen five iterations including at exhibitions in Chicago, New York City, Montreal, and College Park, Maryland. Its Connecticut show in Storrs is on display until May 11.

    From Marionette and Shadow to Rod and Hand

    Foundation President Cheryl Henson, curator of the exhibition and daughter of renowned puppeteer Jim Henson, uses words like “play, magic, imagination, and creativity” when talking about the importance of puppetry and its value in the world today.

    “Puppetry brings out all of these really essential parts of being human,” she says.

    While the Muppet style her father made famous on shows like “Sesame Street” might have the broadest reach of any style – the show featuring Big Bird, Oscar the Grouch, and Elmo has aired in 124 countries – she says the accessibility of the myriad puppet styles is what gives puppetry “infinite potential.”

    Much of that variety can be seen in “American Puppet Theater,” with Henson describing the show as “a celebration of what puppetry can do.”

    During a recent tour of the exhibition, Termine points out a 2011 photograph of Jim Rose, a marionette fabrication teaching artist, and says it’s among his favorites. The image is simple: a puppeteer fiddling with the cross brace of a marionette, tugging at a string that lifts the puppet’s head in a loving gaze toward its handler.

    Henson notes that thanks to UConn’s John Bell, director of the Ballard, and Emily Wicks, the museum’s operations and collections manager, the exhibition has 15 puppets on display alongside Termine’s photographs.

    She walks toward the first, which greets those entering the exhibition, a direct-manipulation puppet named Disfarmer – a small bald man with glasses – adjusting the back of a Depression-era camera draped in a dark cloth. It’s one of six versions made for a 2009 production about photographer Mike Disfarmer.

    Another puppet, this one with a political message, is poised in the back corner of the Ballard. It’s a toy theater with a black proscenium adorned with four ornate butterflies from the performing company Great Small Works. Next to it, Termine notes, is a 2010 photograph depicting a performing John Bell; his wife, Trudi Cohen; and Jenny Romaine.

    The Blue Fairy from the opera “La Bella Dormente Nel Bosco” swoops through the air in the opposite corner, while a couple of Punch and Judy-style hand puppets get some laughs long after their 2009 adult-only performance of “The Punch and Jimmy Show.”

    While the exhibition features mostly puppets outside the Muppet style, Termine says the show reflects the impact Jim Henson, who died in 1990, and his Foundation have had on the puppetry world.

    Puppet Arts Program: A Diamond Year

    The Jim Henson Foundation, founded by its namesake in 1982, is devoted to cultivating the work of American puppeteers and has provided support for more than 1,300 projects from more than 350 artists in that time.

    “When we look at [this exhibition], these are artists that have been supported by the Foundation, creating their own work, finding their own voices in this rich art form,” Termine, Foundation vice president, says. “It’s right here, and that’s what makes this special.”

    Puppeteer Basil Twist performs with Stickman at a reception in June 2021 at Upper Penthouse, Central Park South, New York City. (Photo courtesy of Richard Termine)

    “One of the things my dad really loved about puppetry is how much the different puppeteers loved watching each other’s work and how they’d get so excited about somebody else’s brilliance,” Henson adds.

    Say a name related to the puppet community and Termine and Henson can explain the loop of how that person is connected to this person and the next. It’s a community, they say, and many in it have UConn ties.

    Termine’s mother once met Carol Thompson ’68 (SFA), ’78 MA, a student of renowned UConn professor Frank Ballard, who introduced Termine to the famed puppeteer in 1970 when he was doing a production of “The Love for Three Oranges” at UConn.

    The friend who nudged Termine in the late 1970s to take up photography was the late Manchester-native-turned-Emmy-nominated puppet designer Jan (Rosenthal) Stefura ’77 (SFA), who built Mokey Fraggle on “Fraggle Rock,” among others.

    Termine’s MFA class included Bart Roccoberton Jr. ’90 MFA, who heads UConn’s Puppet Arts Program, and his teachers included the late Jerry Rojo, the former dramatic arts professor who designed the black box Mobius Theater in the Drama/Music building.

    With deep connections in the puppet world, UConn’s Puppet Arts Program celebrates its 60th anniversary this year with a special section of the exhibition dedicated to that achievement.

    It’s “a leader” in the industry, Termine says, so much so that several years ago, when a couple of UConn women’s basketball players visited the set of “Sesame Street,” most of crew sported their UConn garb to share their school pride.

    The same sense of delight swelled in Termine when he visited the Ballard Museum in Downtown Storrs recently for the exhibition’s opening: “To come back here and to share what I started,” he said, trailing off in thought. “Thanks to the Henson family and to my training here at UConn.”

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Have your say on plans to reduce Guildford flood-risk

    Source: United Kingdom – Executive Government & Departments

    Public drop-in on Saturday 22 February, 12pm to 5pm at the Electric Theatre, Guildford with an online presentation on Wednesday 26 February, 7.30pm to 8.30pm.

    Environment Agency Guildford flood scheme drop-in event.

    The Environment Agency and its project partners are inviting local people to share their views and feedback on plans to reduce flood-risk in Guildford town centre. 

    Long history of flooding

    Guildford has a long history of flooding from the River Wey, and the Environment Agency continues working in partnership with Guildford Borough Council and Surrey County Council on a long-term sustainable strategy to reduce the high level of flood-risk to the town centre. 

    The partners are now in the appraisal stage of the project, where further detailed assessments, surveys and engagement will be carried out to help develop the preferred option for the scheme. This stage is expected to last until 2026.

    To showcase the scheme’s progress, the Environment Agency is hosting an information afternoon on Saturday 22 February, 12pm to 5pm at the Electric Theatre, Guildford.

    There will also be an online Teams presentation on Wednesday 26 February, 7.30pm to 8.30pm that anyone can register for at https://consult.environment-agency.gov.uk/thames/guildford-flood-alleviation-scheme/

    Public feedback “invaluable”

    Jon Mansbridge, Guildford flood alleviation scheme project director at the Environment Agency, said:

    We encourage local communities and interested groups to have their say, as their feedback is invaluable in shaping our long-term strategy to manage flood risk to Guildford.

    To hear all views, we will be holding a drop-in event where you can find out more and discuss the scheme with our project team, who will be there to answer questions.

    For those that cannot attend, we will also be hosting an online presentation following the public exhibition. It will be another great opportunity to find out about our progress finding  a sustainable flood-risk management scheme and talk face-to-face with our experts.

    The project partners shared early updated scheme proposals with the public in April 2024. Since then, they have further developed the scheme alignment in consultation with landowners and identified areas that will be lowered to create more space for water and habitat creation.

    The flood defences will be visually integrated into existing and regenerated areas of the river corridor, reducing flood-risk to the town centre. The scheme will also enhance the riverside environment, and build better connections between Guildford town centre and the River Wey.

    Visit https://consult.environment-agency.gov.uk/thames/guildford-flood-alleviation-scheme/  to find out more and follow @guildfordfs on X, formerly Twitter.

    People can also e-mail guildfordfloodscheme@environment-agency.gov.uk with feedback or questions, and to request to be added to the newsletter mailing list.

    Check flood-risk and sign up for flood warnings by calling Floodline on 0345 988 1188 or visiting gov.uk/flood.

    Well-tested flood-protection plans remain in place for Guildford, and the Environment Agency continues to work closely with other professional partners, including Surrey Fire and Rescue Service and Surrey County Council, to help those at greatest risk.

    The Environment Agency regularly maintains the River Wey to help reduce flooding, including cutting back vegetation and removing blockages.

    There is also a temporary defence management plan for Guildford, covering Mary Road and William Road, which sets out how the Environment Agency can deploy temporary flood barriers in these areas if a flood warning is issued.

    Contact us:

    Journalists only: 0800 141 2743 or communications_se@environment-agency.gov.uk.

    Follow us on X @envagencyse.

    Updates to this page

    Published 18 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New Themed Competition: Innovations in dermal protection against liquid chemicals

    Source: United Kingdom – Executive Government & Departments

    DASA, MOD and the Home Office are seeking proposals that will address the problem of providing dermal protection against liquid chemical contamination.

    • DASA has launched a new Themed Competition: Innovations in dermal protection against liquid chemicals
    • This competition is funded by the Ministry of Defence (MOD) and the Home Office
    • The total possible funding available for this competition is £2.6 million (excluding VAT)
    • Competition closes midday on Tuesday 15th April 2025 (GMT)

    The Defence and Security Accelerator (DASA) is pleased to launch a new Themed Competition called ‘Innovations in dermal protection against liquid chemicals’. Run on behalf of the Ministry of Defence (MOD) and the Home Office, this competition is seeking proposals that will address the challenge of developing a solution to the problem of providing dermal protection against liquid chemical contamination. We are interested in treatments, fabric design, novel constructions or any other approach that prevents the penetration of low surface tension liquids.

    Although being run on behalf of the UK government there is significant potential for solutions developed to be exploited internationally. 

    Read the full competition document to learn more.

    Key dates and funding

    This competition has two challenges. The total possible funding available for this competition for both challenges is £2.6 million (excluding VAT) across the total two year duration. We anticipate funding up to 10 proposals for each challenge.

    The deadline to submit a proposal is midday (GMT) on Tuesday 15 April 2025. Submit via the DASA Online Submission Service.

    Do you have a relevant solution? Read the full competition document and submit a proposal.

    Background: why we need innovation in this area

    Traditionally, dermal liquid protection has been provided by an air permeable, two-layer system, comprising an outer fabric – which controls the initial liquid interaction with the surface – and a carbon layer to absorb any vapours which penetrate the outer layer. It is the combination of these two layers which enables the wearer to operate in a CBRN (chemical, biological, radiological and nuclear) environment without incurring the associated physiological burden of an air impermeable garment.

    Changes in legislation (e.g. REACH) over recent years are constraining the methods available to defence and security for providing dermal protection against low surface tension liquids (such as chemical warfare agents (CWAs). Due to these changes we are seeking innovative methods for future dermal protection.

    Scope:

    The scope of this competition is technologies that provide wearable dermal protection against liquid chemical contamination. There are various means by which this could be achieved and we are interested in any scientific and technological approaches that have the potential to deliver dermal protection against low surface tension liquids without the use of chemistries which are currently the subject of restriction proposals (e.g. under REACH, ECHA etc.).

    If this sounds like an area you have experience or expertise in, why not read the full competition document to find out more?

    Supporting events

    Dial in webinar

    Thursday 6 March 2025 – a dial-in session providing further detail on the problem space and a chance to ask questions in an open forum. If you would like to participate, please register on the Eventbrite page.

    One-to-one teleconference sessions

    Wednesday 12 March 2025 – a series of 15 minute one-to-one teleconference sessions, giving you the opportunity to ask specific technical questions to the competition team in a closed forum. Registration details for these sessions will be available the day after the launch webinar which is taking place on 6 March 2025. Please attend the webinar or reach out to your local Innovation Partner if you have more general questions on the DASA application process.

    Submit a proposal

    We’re looking for novel ideas that can help to develop the protective fabrics of the future – if you think you have an innovation to share, why not submit a proposal?

    Updates to this page

    Published 18 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: The Polytechnic celebrated the Eastern New Year

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Eastern New Year, the year of the Green Wooden Snake, was celebrated in the Polytechnic Tower. The main organizer of the event was the Humanitarian Institute together with the Higher School of International Educational Programs. Representatives of various Polytechnic institutes and St. Petersburg universities took part in the concert program

    This year, the celebration was held for the first time at the Youth Trajectory Center, in the Polytechnic Tower. The hosts were Ksenia Kolomeitseva, a student at the Higher School of International Relations, and Artem Kuzmin, a student at the Higher School of Law and Forensic Science.

    The Director of the Humanitarian Institute Natalia Chicherina and the Assistant Vice-Rector for International Activities Pavel Nedelko delivered welcoming remarks.

    In our multinational student family, we can celebrate the New Year several times. Today, we have a unique opportunity to learn about the bright traditions of this holiday together with representatives of China, Indonesia and Vietnam, – noted Natalia Chicherina.

    Polytechnicians talked about the cultural characteristics of their countries, held an interactive competition with souvenirs for the participants. A student of the Higher School of Linguistics and Pedagogy Li Junying gave a presentation in Russian about the traditions and culture of China. Nguyen Thi Ngoc Mai from IPMET represented Vietnam, a postgraduate student of the Higher School of Physics and Materials Technology of IMMIT Tegu Imanulla gave a report about Indonesia, in which he spoke about national dishes, dances, symbols, good luck charms and much more.

    Ye Zizhou, a student at the Graduate School of International Relations, performed a traditional Chinese number symbolizing the wisdom of the Green Snake. Together with Viktoria Dyshko, she showed a modern dance in the K-pop style. Mao Yiling from the Graduate School of Linguistics and Education demonstrated traditional martial arts with a sword.

    Sofia Kononova from the Higher School of International Relations recited a poem in Chinese. Students from the Higher School of Linguistics and Pedagogy performed two Chinese songs: “Gen Wo Yi Qi Zuo” and “Gongxi Ni”. Students from the Higher School of International Relations sang the composition “Flawless Heaven and Earth” in Chinese.

    IMMIT postgraduate students Nguyen Van Tu Anh and Tran Thanh Cong performed the Vietnamese song “Hoa co mua suan”, which translates as “Spring flowers and grasses”, with a guitar.

    A master class on making magical aromatic sachets in national herbal bags was held by Li Peiyun from the Graduate School of Linguistics and Education. The art of Chinese calligraphy was taught by Yuan Fengxia from the Graduate School of Linguistics and Education. The Chinese tea ceremony was demonstrated by Zhang Yuwen and Mao Yiling from the Graduate School of Linguistics and Education. The secrets of Chinese knotting and making paper lanterns were shared by Xie Zhaoying from the Graduate School of Linguistics and Education.

    Celebrating the Eastern New Year is a good tradition of the Polytechnic University. Such events allow us to better understand the culture of other countries. We still don’t know each other very well, so many thanks to all the organizers for the opportunity to communicate with the guys and immerse ourselves in the atmosphere of the East, – shared Pavel Nedelko.

    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: Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio

    Source: GlobeNewswire (MIL-OSI)

    WEST PALM BEACH, Fla., Feb. 18, 2025 (GLOBE NEWSWIRE) — Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced that it has committed and funded a $15 million senior secured credit facility to Story of Ohio LLC, the Ohio subsidiary of Story Companies (“Story”), a privately held multi-state operator of cannabis cultivation and retail facilities. Story intends to use the proceeds from the loan to acquire and build out dispensaries in Ohio.

    “We are pleased to support Story as it continues to expand its operations in Ohio,” said Daniel Neville, AFC’s Chief Executive Officer. “Story is one of the top private multi-state cannabis operators, led by a team of serial entrepreneurs who have consistently executed in a volatile cannabis market. We are excited to continue to support Story’s expansion.”

    Jason Vedadi, CEO of Story, commented, “We are pleased to once again partner with AFC to support Story’s expansion into a new state market. Dan Neville and his team understand the complexities of the cannabis industry, and their strategic approach aligns well with our vision for growth. This partnership enables Story to identify and capitalize on key market opportunities, and we look forward to continued success together.”

    AFC will hold the entire credit facility, which consists of a first-lien term loan secured by all of Story of Ohio LLC’s assets, including the value of its cannabis licenses and its owned real estate in both Ohio and Georgia, which is initially included as additional collateral. AFC Agent LLC served as agent for this transaction.

    About Advanced Flower Capital

    Advanced Flower Capital Inc. (Nasdaq:AFCG) is a leading commercial mortgage REIT that provides institutional loans to state-law compliant cannabis operators in the U.S. Through the management team’s deep network and significant credit and cannabis expertise, AFC originates, structures, underwrites and manages loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows. It is based in West Palm Beach, Florida. For additional information regarding the company, please visit https://advancedflowercapital.com/.

    About Story Companies

    Story Companies is an emerging American Multi State Operator (MSO) in the fast-growing cannabis industry. Its core strategy is to develop and acquire vertically integrated cannabis assets in states which it believes have high profit margins, steep growth curves and which have recently, or are expected to soon, permit adult-use sales of cannabis. Story solves inherent risks in cannabis investing by bringing successful business and operational management expertise, access to capital, and proven integrity to the cannabis opportunity set. Story seeks to build its portfolio quickly and efficiently across multiple states and roll up the assets into a unified, branded company that will successfully compete with the largest MSOs.

    Forward-Looking Statements

    This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company’s current views and projections with respect to, among other things, market expansion and borrower activity and growth initiatives. All statements, other than historical facts, are forward-looking statements. Words such as “believes,” “expects,” “will,” “intends,” “plans,” “guidance,” “estimates,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, risks and uncertainties discussed under the caption “Risk Factors” and elsewhere in AFC’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings, could cause actual results and performance to differ materially from those projected in these forward-looking statements.

    Investor Relations Contact

    Advanced Flower Capital
    Robyn Tannenbaum
    561-510-2293
    ir@advancedflowercapital.com

    Media Contact

    Profile Advisors
    Rich Myers & Rachel Goun
    347-774-1125
    srt@profileadvisors.com    

    The MIL Network –

  • MIL-OSI: Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    Fourth Quarter 2024 Highlights

    • Consolidated net sales of $485.7 million, an increase of 3% to the prior year
    • Energy Systems and Distribution net sales increased 5% and 6%, respectively, while Water Systems net sales were flat
    • Operating income was $43.0 million with operating margin of 8.9%
    • GAAP fully diluted earnings per share (EPS) was $0.72

    Full Year 2024 Highlights

    • Consolidated net sales of $2.0 billion, a decrease of 2% to the prior year
    • Distribution net sales increased 2%, while Water Systems and Energy Systems net sales decreased 2% and 8%, respectively
    • Operating income was $243.6 million with operating margin of 12.1%
    • GAAP fully diluted earnings per share (EPS) was $3.86
    • Cash flows from operating activities were $261.4 million

    FORT WAYNE, Ind., Feb. 18, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. today announced its fourth quarter and full year financial results for fiscal year 2024.

    Fourth quarter 2024 net sales were $485.7 million, compared to fourth quarter 2023 net sales of $473.0 million. Fourth quarter 2024 operating income was $43.0 million, compared to fourth quarter 2023 operating income of $50.8 million. Fourth quarter 2024 EPS was $0.72, versus EPS in the fourth quarter 2023 of $0.82.

    Full year 2024 net sales were $2.0 billion, compared to full year 2023 net sales of $2.1 billion. Full year 2024 operating income was $243.6 million, compared to full year 2023 operating income of $262.4 million. Full year 2024 EPS was $3.86, versus EPS in the full year 2023 of $4.11.

    “The fourth quarter marked a solid finish to a challenging year. Our results were driven by strong performance in our newly renamed Energy Systems segment. While we have worked through the elevated post-COVID backlogs at this time, underlying demand remains healthy, and we continue to execute on productivity initiatives as we align our businesses with the more normalized environment,” commented Joe Ruzynski, Franklin Electric’s CEO.

    “Our resiliency is supported by the breadth of our global portfolio, which has proven to be a strategic asset as we closed out a year shaped by macroeconomic pressures. Order trends have improved, and with the support of a very healthy balance sheet, we are well-positioned to capitalize on opportunities in the year ahead. In 2025, our focus turns to driving revenue growth and margin expansion as we accelerate innovation and growth,” concluded Mr. Ruzynski.

    Segment Summaries

    Water Systems net sales were $279.6 million in the fourth quarter, flat compared to the fourth quarter 2023. Results were driven by higher sales of groundwater products, water treatment products and all other surface products. These sales increases were offset by lower sales of large dewatering pumps, which had a record fourth quarter last year. Water Systems operating income in the fourth quarter 2024 was $35.6 million. Fourth quarter 2023 Water Systems operating income was $44.1 million.

    Distribution net sales were $157.2 million, an increase of $9.2 million or 6 percent compared to the fourth quarter 2023. Sales increases were driven by higher volumes and the incremental impact from a recent acquisition. The Distribution segment operating income in the fourth quarter 2024 was $0.5 million. Fourth quarter 2023 Distribution operating income was $1.0 million.

    Energy Systems net sales were $68.8 million in the fourth quarter 2024, an increase of $3.1 million or 5 percent compared to the fourth quarter 2023. Sales increases were driven by higher volumes and price realization. Energy Systems operating income in the fourth quarter 2024 was a record for any fourth quarter at $24.7 million. Fourth quarter 2023 Energy Systems operating income was $19.4 million. The Company has changed the name of the Fueling Systems segment to Energy Systems to reflect its diverse portfolio and growth strategy, as well as to better reflect the markets and customers served by the segment.

    Cash Flow

    The Company ended 2024 with a cash balance of $220.5 million, an increase of $135.5 million compared to the end of 2023. Net cash flows from operating activities for 2024 were $261.4 million versus $315.7 million in the same period in 2023. Cash flow in 2023 benefitted from actions the Company took to improve working capital including inventory reductions as its supply chain resiliency and lead times improved during the year.

    2024 Guidance

    The Company expects its full year 2025 sales including the impact of its recently announced acquisitions to be in the range of $2.09 billion to $2.15 billion and full year 2025 EPS to be in the range of $4.05 to $4.25.

    Earnings Conference Call

    A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to:

    https://edge.media-server.com/mmc/p/9jnstij5

    For those interested in participating in the question-and-answer portion of the call, please register for the call at the link below.

    https://register.vevent.com/register/BI4b232e4ceea6435ba8f046e92e18e563

    All registrants will receive dial-in information and a PIN allowing them to access the live call. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call).

    A replay of the conference call will be available from Tuesday, February 18, 2025, through 9:00 am ET on Tuesday, February 25, 2025, by visiting the listen-only webcast link above.

    Forward Looking Statements

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases,  raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2023, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

    About Franklin Electric

    Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be named in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024 and America’s Climate Leaders 2024 by USA Today.

    Franklin Electric Contact:

    Jeffery L. Taylor
    Franklin Electric Co., Inc.
    InvestorRelations@fele.com

     
    FRANKLIN ELECTRIC CO., INC. AND CONSOLIDATED SUBSIDIARIES
    CONDENSED CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
                   
    (In thousands, except per share amounts)              
                   
      Fourth Quarter Ended   Fiscal Year End
      December 31,   December 31,   December 31,   December 31,
      2024   2023   2024   2023
                   
    Net sales $ 485,745     $ 472,970     $ 2,021,341     $ 2,065,133  
                   
    Cost of sales   321,505       312,961       1,304,061       1,368,125  
                   
    Gross profit   164,240       160,009       717,280       697,008  
                   
    Selling, general, and administrative expenses   117,846       108,825       470,136       433,476  
                   
    Restructuring expense   3,360       356       3,499       1,091  
                   
    Operating income   43,034       50,828       243,645       262,441  
                   
    Interest expense   (1,339 )     (1,481 )     (6,319 )     (11,790 )
    Other income, net   630       1,831       1,339       3,696  
    Foreign exchange expense, net   (1,590 )     (4,026 )     (6,818 )     (12,124 )
                   
    Income before income taxes   40,735       47,152       231,847       242,223  
                   
    Income tax expense   6,443       8,322       50,238       47,489  
                   
    Net income $ 34,292     $ 38,830     $ 181,609     $ 194,734  
                   
    Less: Net income attributable to noncontrolling interests   (637 )     (281 )     (1,300 )     (1,462 )
                   
    Net income attributable to Franklin Electric Co., Inc. $ 33,655     $ 38,549     $ 180,309     $ 193,272  
                   
    Income per share:              
    Basic $ 0.73     $ 0.83     $ 3.92     $ 4.17  
    Diluted $ 0.72     $ 0.82     $ 3.86     $ 4.11  
                   
    FRANKLIN ELECTRIC CO., INC. AND CONSOLIDATED SUBSIDIARIES
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited)
           
    (In thousands)      
           
      December 31,   December 31,
      2024   2023
    ASSETS      
           
    Cash and cash equivalents $ 220,540     $ 84,963  
    Receivables (net)   226,826       222,418  
    Inventories   483,875       508,696  
    Other current assets   32,950       37,718  
    Total current assets   964,191       853,795  
           
    Property, plant, and equipment, net   223,566       229,739  
    Lease right-of-use Assets, net   62,637       57,014  
    Goodwill and other assets   570,212       587,574  
    Total assets $ 1,820,606     $ 1,728,122  
           
           
    LIABILITIES AND EQUITY      
           
    Accounts payable $ 157,046     $ 152,419  
    Accrued expenses and other current liabilities   139,989       104,949  
    Current lease liability   18,878       17,316  
    Current maturities of long-term debt and short-term borrowings   117,814       12,355  
    Total current liabilities   433,727       287,039  
           
    Long-term debt   11,622       88,056  
    Long-term lease liability   43,304       38,549  
    Income taxes payable non-current   –       4,837  
    Deferred income taxes   10,193       29,461  
    Employee benefit plans   29,808       35,973  
    Other long-term liabilities   22,118       33,914  
     
    Redeemable noncontrolling interest   1,224       1,145  
           
    Total equity   1,268,610       1,209,148  
    Total liabilities and equity $ 1,820,606     $ 1,728,122  
           
    FRANKLIN ELECTRIC CO., INC. AND CONSOLIDATED SUBSIDIARIES
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)
    (In thousands)      
           
      2024   2023
    Cash flows from operating activities:      
    Net income $ 181,609     $ 194,734  
    Adjustments to reconcile net income to net cash flows from operating activities:      
    Depreciation and amortization   56,073       52,260  
    Non-cash lease expense   21,438       18,852  
    Share-based compensation   12,061       10,133  
    Other   (13,327 )     10,259  
    Changes in assets and liabilities:      
    Receivables   (17,045 )     19,150  
    Inventory   10,889       48,176  
    Accounts payable and accrued expenses   15,285       (23,085 )
    Operating leases   (21,129 )     (18,874 )
    Income taxes-U.S. Tax Cuts and Jobs Act   (3,870 )     (2,902 )
    Other   19,369       7,007  
           
    Net cash flows from operating activities   261,353       315,710  
           
    Cash flows from investing activities:      
    Additions to property, plant, and equipment   (41,682 )     (41,415 )
    Proceeds from sale of property, plant, and equipment   1,182       1,494  
    Acquisitions and investments   (5,201 )     (34,831 )
    Other investing activities   73       463  
           
    Net cash flows from investing activities   (45,628 )     (74,289 )
           
    Cash flows from financing activities:      
    Net change in debt   29,235       (115,529 )
    Proceeds from issuance of common stock   7,204       9,193  
    Purchases of common stock   (61,041 )     (43,332 )
    Dividends paid   (46,876 )     (41,723 )
    Deferred payments for acquisitions   (2,591 )     (802 )
           
    Net cash flows from financing activities   (74,069 )     (192,193 )
           
    Effect of exchange rate changes on cash   (6,079 )     (10,055 )
    Net change in cash and cash equivalents   135,577       39,173  
    Cash and cash equivalents at beginning of period   84,963       45,790  
    Cash and cash equivalents at end of period $ 220,540     $ 84,963  
           

    Key Performance Indicators: Net Sales Summary

      Net Sales For the Fourth Quarter
      United
    States    		 Latin Europe,
    Middle    		 Asia Total        
    (in millions) & Canada America East & Africa Pacific Water Energy** Distribution Other/Elims Consolidated
                       
    Q4 2023 $161.2   $46.6   $45.5   $26.3   $279.6   $65.7   $148.0   ($20.3 ) $473.0  
    Q4 2024 $158.5   $44.3   $49.7   $27.1   $279.6   $68.8   $157.2   ($19.9 ) $485.7  
    Change ($2.7 ) ($2.3 ) $4.2   $0.8   $0.0   $3.1   $9.2   $0.4   $12.7  
    % Change   -2 %   -5 %   9 %   3 %   0 %   5 %   6 %     3 %
                       
    Foreign currency translation, net* ($0.4 ) ($5.5 ) ($0.8 ) ($0.8 ) ($7.5 ) $0.0   $0.0     ($7.5 )
    % Change   0 %   -12 %   -2 %   -3 %   -3 %   0 %   0 %     2 %
                       
    Acquisitions $3.1   $0.0   $0.0   $0.0   $3.1   $0.0   $4.0     $7.1  
    % Change   2 %   0 %   0 %   0 %   1 %   0 %   3 %     2 %
                       
    Volume/Price ($5.4 ) $3.2   $5.0   $1.6   $4.4   $3.1   $5.2   $0.4   $13.1  
    % Change   -3 %   7 %   11 %   6 %   2 %   5 %   4 %   -2 %   3 %
                       
      Net Sales For the Full Year
      United
    States    		 Latin Europe,
    Middle    		 Asia Total        
    (in millions) & Canada America East & Africa Pacific Water Energy** Distribution Other/Elims Consolidated
                       
    FY 2023 $744.4   $174.2   $198.3   $86.8   $1,203.7   $296.5   $673.3   ($108.4 ) $2,065.1  
    FY 2024 $708.5   $170.9   $211.4   $93.2   $1,184.0   $273.7   $685.5   ($121.9 ) $2,021.3  
    Change ($35.9 ) ($3.3 ) $13.1   $6.4   ($19.7 ) ($22.8 ) $12.2   ($13.5 ) ($43.8 )
    % Change   -5 %   -2 %   7 %   7 %   -2 %   -8 %   2 %     -2 %
                       
    Foreign currency translation, net* ($0.9 ) ($9.7 ) ($6.3 ) ($2.4 ) ($19.3 ) $0.0   $0.0     ($19.3 )
    % Change   0 %   -6 %   -3 %   -3 %   -2 %   0 %   0 %     -1 %
                       
    Acquisitions $17.6   $0.0   $0.0   $0.0   $17.6   $0.0   $17.1     $34.7  
    % Change   2 %   0 %   0 %   0 %   1 %   0 %   3 %     2 %
                       
    Volume/Price ($52.6 ) $6.4   $19.4   $8.8   ($18.0 ) ($22.8 ) ($4.9 ) ($13.5 ) ($59.2 )
    % Change   -7 %   4 %   10 %   10 %   -1 %   -8 %   -1 %   12 %   -3 %
                       

    *The Company has presented local currency price increases used to offset currency devaluation in the Argentina and Turkey hyperinflationary economies within the foreign currency translation, net row above.
    ** Recognizing the Company’s diverse portfolio and growth strategy, it renamed its Fueling Systems segment to Energy Systems to better reflect the markets and customers served by this business.

    Key Performance Indicators: Operating Income and Margin Summary

    Operating Income and Margins          
    (in millions) For the Fourth Quarter 2024
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 35.6   $ 24.7   $ 0.5   $ (17.8 ) $ 43.0  
    % Operating Income To Net Sales   12.7 %   35.9 %   0.3 %     8.9 %
               
    Operating Income and Margins          
    (in millions) For the Fourth Quarter 2023
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 44.1   $ 19.4   $ 1.0   $ (13.7 ) $ 50.8  
    % Operating Income To Net Sales   15.8 %   29.5 %   0.7 %     10.7 %
               
    Operating Income and Margins          
    (in millions) For the Full Year of 2024
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 197.9   $ 93.6   $ 24.3   $ (72.2 ) $ 243.6  
    % Operating Income To Net Sales   16.7 %   34.2 %   3.5 %     12.1 %
               
    Operating Income and Margins          
    (in millions) For the Full Year of 2023
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 196.6   $ 92.7   $ 34.3   $ (61.2 ) $ 262.4  
    % Operating Income To Net Sales   16.3 %   31.3 %   5.1 %     12.7 %
               

    The MIL Network –

  • MIL-OSI Russia: Want to talk about it? Polytechnic psychologists help cope with stress

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    “All illnesses come from nerves,” people say, and for good reason. Constant stress is not at all harmless, and sometimes we do not even guess what serious consequences can result from worries about personal troubles or events happening in the world, anxiety and worry, fear of failure and hyper-responsibility, and other similar things. To maintain mental health and performance, it is better to seek help from a specialist in a timely manner.

    The Polytechnic University has created a special facility for this purpose. Center for psychological support, where both students and university staff can share their problems with professionals and try to solve or reduce them together. Parents of students can also get useful advice there.

    In 2024, the staff of the Psychological Support Center conducted 931 individual consultations and 49 group sessions for two thousand people. In social networks, Polytechnic psychologists answered more than 140 questions over the year.

    Most often, students seek help due to anxiety and stress, conflicts with parents, low self-esteem, apathy and procrastination, fears and phobias, separation from a partner, difficulty adapting to a team, and experiences from the loss of loved ones.

    To work with psychological problems, the center’s specialists use, in addition to conversations, various practices: games, online courses, healthy lifestyle master classes, improving emotional intelligence and psychological stability, educational courses for student activists. They teach, for example, how to quickly and safely adapt to changes, how to maintain yourself at a good physical and mental level. Qualified psychologists demonstrate practices for developing physical and mental health and techniques of mental self-regulation, conduct seminars on psychological well-being in professional and educational activities, proactivity as a factor in a healthy personality, and self-development trainings.

    In addition to intra-university events, the center’s staff is engaged in psychological education of schoolchildren, thereby strengthening the ties between the school and the university.

    The specialists of the Center for Psychological Support of SPbPU are members of the community of psychologists of St. Petersburg universities and constantly improve their qualifications by participating in major professional events, such as the All-Russian scientific and practical conference with international participation “Psychological Service of the University: Problems and Development Prospects” (April 2024) and the All-Russian seminar-meeting of psychologists of higher education organizations (June 2024).

    Our Center for Psychological Support “Tochka Opory” is a place where everyone who turns to us will receive the support and participation they need. We sincerely believe that the main task of any person is to be themselves and be happy, realizing their potential to the fullest. We know that difficulties are inevitable, and there is not always the strength to cope with them on your own. So we always stand guard over the mental health and well-being of each polytechnic student, says Acting Director of the Center for Psychological Support Anna Kalugina.

    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: The secret behind Temu’s rock-bottom prices

    Source: The Conversation – France – By Henri Isaac, Maître de conférences en sciences de gestion, Université Paris Dauphine – PSL

    Temu has made a remarkable entry in the global e-commerce landscape, quickly becoming the fifth largest online marketplace in France. Critics claim Temu’s ultra-competitive pricing relies on unfair practices. Yet its success stems from the powerful—and proven—business model of its parent company, Pinduoduo, which started as an online marketplace for fresh fruit…

    In just two years, the Chinese e-commerce platform Temu has emerged as a key contender in the global marketplace. In France, it ranked as the fifth most-visited online commerce platform in October 2024. At the heart of this remarkable achievement are its ultra-low prices, which many observers argue are made possible only through questionable practices, such as poor product quality, dumping, aggressive marketing, and deceptive trade tactics.
    Despite widespread skepticism over its long-term viability, Temu continues to invest heavily in advertising and market penetration, challenging an e-commerce sector where no new player has made a significant breakthrough in the past decade. While other online retailers, like AliExpress and the fashion giant Shein, have disrupted Western markets with similar cutthroat pricing strategies, only Temu has done what few believed possible: outperforming Amazon, the long-standing gold standard for competitive pricing.

    From factory to global store

    Temu’s pricing policies are not revolutionary in China. The platform closely follows the business model of its parent company, Pinduoduo (or PDD Holdings). As Pinduoduo’s international arm, Temu represents China’s ambition to transition from being the world’s factory to becoming the world’s store. Its low prices are not a temporary launch tactic but a fundamental pillar of its long-term strategy.

    Established in Boston in September 2022, Temu is an offshoot of the Chinese e-commerce giant Pinduoduo, founded in 2015 following the success of Pinhaohuo. Introduced by Colin Huang in April that year, Pinhaohuo used WeChat’s group-buying model to sell bulk orders of fresh fruit. Its rapid growth led to the creation of Pinduoduo, which disrupted China’s e-commerce market—long dominated by JD.com and Alibaba—before expanding globally through Temu. Today, Temu operates in 79 countries.

    Reverse auctions and consigned inventory: driving down prices

    At the heart of Temu’s pricing strategy is the Consumer-To-Manufacturer (C2M) model, introduced by Pinduoduo in March 2023. This approach utilizes reverse auctions, where Temu solicits bids from manufacturers, forcing suppliers to compete by offering the lowest possible prices. PDD Holdings sets final product prices and profit margins, and manufacturers deliver products directly to Pinduoduo’s warehouses in China, eliminating the need for Temu to purchase or hold stock. Instead, manufacturers bear storage costs and must take back any unsold items. Payments are typically made quarterly, further easing Temu’s financial burden. In essence, Pinduoduo operates a consigned inventory model.

    Reverse auctions enable Temu to secure the lowest possible prices from the outset, with Pinduoduo’s logistics expertise allowing for rapid order consolidation, creating economies of scale that particularly benefit smaller manufacturers who, without Pinduoduo, would struggle to achieve such demand levels. Additionally, by pooling shipping logistics, Pinduoduo further reduces total product costs compared to direct manufacturer sales.

    Creating a buzz on social media

    On the consumer side, Pinduoduo deploys its group-buying model to drive sales through social media trends. The name Pinduoduo roughly translates as “together, more savings, more fun,” reflecting its core strategy: the more buyers in a group purchase, the lower the price. This tactic has propelled Pinduoduo to become the world’s leading social commerce platform by user numbers, with 694 million users in China alone as of June 2024, according to XQuestMobile China.

    Beyond group purchasing, Pinduoduo has leveraged gamified (gamification) shopping features–widespread in Chinese business culture–to encourage impulse buying, a challenge for most online retailers.

    The company entered the market by strategically targeting overlooked consumer segments, focusing on lower-income shoppers in smaller cities and rural areas, rather than competing for wealthier urban customers dominated by JD.com and Alibaba. This approach led to rapid growth and profitability by 2021. By 2023, Pinduoduo, including Temu, reported $34.879 billion in revenue and a net income of $8.267 billion.

    A commission-free revenue model

    How does Pinduoduo generate revenue? By charging manufacturers for end-customer shipping logistics and marketing services such as product promotion, visibility, and platform placement. Logistics revenue accounts for 38% of the platform’s total earnings, while marketing services contribute 62%.

    Unlike Amazon and other online marketplaces, Pinduoduo does not take commissions on sales. Instead, it operates as a logistics and marketing service provider, facilitating distribution for manufacturers and managing logistics flows.

    This proven revenue framework is key to Pinduoduo’s highly competitive prices. Additionally, the company benefits from a favorable corporate tax rate in China–15% compared to the standard 25% for traditional businesses. By leveraging bulk purchasing, optimized marketing and logistics, and a commission-free structure, Pinduoduo can sustain its low-cost pricing strategy—much like its Chinese e-commerce rival, Shein.

    Favorable customs regulations

    Temu is duplicating the Pinduoduo model abroad. Within this framework, Temu benefits from the U.S. customs tariffs (Section 321 of the Tariff Act of 1930), that exempts goods valued under $800 from customs duties. The EU provides a similar exemption for items under €150 (Article 23 of Regulation 1186/2009). Most of Temu’s products fall below these thresholds, allowing them to be shipped duty-free.

    Within two years, Temu has onboarded over 200,000 retailers, shipped 4 million packages daily from 60 warehouses in China and attracted 467 million users worldwide by offering products 40% to 60% cheaper than Amazon. To rapidly grow its customer base and achieve self-sustaining critical mass in Europe and the U.S., Temu is investing heavily in product subsidies.

    Its online advertising strategy is equally aggressive, with substantial investments in social media ads on platforms like TikTok, Instagram, and Snapchat, as well as search engine ranking. While exact figures for these campaigns remain undisclosed, annual reports from PDD Holdings, show its marketing spend–including Temu’s–increased by 34% to approximately €10.7 billion in 2023, with an estimated $4 to 5 billion allocated to Temu alone.

    Temu’s marketing strategy and its slogan, “Shop like a billionaire,” follow the playbook of major digital platforms, where sustained subsidies drive demand and fuel viral engagement. In such models, economies of scale are directly tied to consumer demand—a concept known as the demand-side economy of scope.

    High logistics costs

    Expanding the Pinduoduo model internationally comes with logistical challenges, particularly due to the higher shipping costs of air freight delivery from China, making the current international model vulnerable to potential losses.

    To address this, Temu began transitioning to a new operating model in March 2024, gradually shifting from its initial fully managed approach to a semi-managed one. Under this model, Temu-represented merchants ship products via ocean freight to U.S. warehouses for local distribution.

    Additionally, Temu has engaged the Chinese diaspora in the U.S. to operate “family warehouses” from their homes, including apartments and garages, providing storage, labeling, and shipping services at competitive rates. This strategy attracts smaller merchants who cannot afford large warehouse facilities. It also demonstrates how retailers are adapting to Temu’s evolving logistics model, with the platform primarily managing purchasing and pricing.

    However, Temu has introduced a traditional model, where sellers set their own prices much like eBay, AliExpress, and Amazon. Already rolled out across several European countries, including the UK, Germany, Spain, and France, the model could challenge Temu’s ability to sustain its ultra-low prices.

    If Temu transitions into a more conventional marketplace, how will its low-cost offerings stack up against Amazon? Temu has disrupted the online retail landscape, but can its aggressive pricing strategy stand the test of time?

    Henri Isaac est membre de Renaissance Numérique.

    – ref. The secret behind Temu’s rock-bottom prices – https://theconversation.com/the-secret-behind-temus-rock-bottom-prices-249231

    MIL OSI – Global Reports –

  • MIL-OSI Global: Ukraine peace talks: Trump is bringing Russia back in from the cold and ticking off items on Putin’s wish list

    Source: The Conversation – UK – By James Rodgers, Reader in International Journalism, City St George’s, University of London

    The meeting now underway in Saudi Arabia between senior delegations from the United States and Russia could be the first step towards an end to the war in Ukraine – and not just an end to the war. The New York Times has reported that the talks may cover issues beyond the battlefield, with the resumption of US-Russia business ties on the table, too.

    Whatever is discussed, Ukraine seems set to lose out.

    The same cannot be said of the long-term occupant of the Kremlin. For 20 years, Vladimir Putin has been working towards what Donald Trump has now given him. Ever since Putin bemoaned the collapse of the Soviet Union as “the greatest geopolitical catastrophe” of the 20th century, his foreign policy has been about getting back at least some of the superpower status the Soviet Union enjoyed.

    In one sense, the US president’s overture to Putin to discuss peace in Ukraine has given the Russian president exactly what he wanted: for Washington to treat Moscow with the respect – and perhaps even fear – that the Soviet Union once commanded from the west.

    And in that sense, Trump’s telephone call with the Kremlin represented a huge triumph for Putin. Putin now has a pending invitation back to the top table of world affairs. He has conceded not an inch of occupied Ukrainian territory to get there. Nor has he even undertaken to give back any of what Russian forces have seized since the full-scale invasion of Ukraine three years ago.

    Now his foreign minister, Sergei Lavrov, is talking to the US secretary of state, Marco Rubio. Meanwhile the annexation of Crimea in 2014 – which is when Russia’s war on Ukraine actually began – seems increasingly likely to be overlooked. The suggestion from the US defence secretary, Pete Hesgeth, last week that a return to Ukraine’s pre-2014 borders was “unrealistic” has made clear Washington’s current view on that.

    So far, so good for Putin, who sees the western alliance that has been ranged against him – albeit with varying degrees of enthusiasm and commitment – for the past three years beginning to crack.

    Under Trump, Washington’s policy on Ukraine is showing signs of significant divergence from that of the EU or UK. Putin no doubt sees his determination not to be cowed by western pressure as starting now to lead to longer-term success.



    Read more:
    Europe left scrambling in face of wavering US security guarantees

    Now the two leaders have agreed to meet – a complete reversal of the three years of increasing isolation during Joe Biden’s presidency. And, as we know, the first time the two leaders met for a summit, in Helsinki in 2018, Putin was widely seen as having outwitted Trump. As Trump’s then senior director for European and Russian Affairs, Fiona Hill, recalled in her memoir: “As Trump responded that he believed Putin over his own intelligence analysts, I wanted to end the whole thing.”

    Putin will hardly feel he enters any future negotiation as an underdog. Just by being there, to discuss the most pressing matter for the future of European security with the US president, Putin has achieved part of his long-term goal. Just as in the days of the Soviet Union, leaders from the Kremlin and the White House will meet to discuss European affairs as the preeminent powers on the continent.

    The views of Europeans themselves, especially Ukrainians, are secondary.

    Back to the top table

    If Putin’s 2005 lament for a lost superpower gave a clue to the course his time at the summit of Russian power would take, then he gave yet more clues on the eve of the full-scale invasion. In December 2021, Putin regretted the collapse of the Soviet Union once again.

    This time he said it had a significance far beyond the century in which it happened, saying: “We turned into a completely different country. And what had been built up over 1,000 years was largely lost.”

    Days later, with expectation growing that Russia was planning to invade Ukraine, the foreign ministry in Moscow published a document it called Treaty between The United States of America and the Russian Federation on security guarantees.

    The language chosen is striking today for the references it makes to the Soviet Union, as in article 4: “The United States of America shall undertake to prevent further eastward expansion of the North Atlantic Treaty Organization and deny accession to the Alliance to the States of the former Union of Soviet Socialist Republics.”

    The Biden administration dismissed the treaty as the trolling it represented. But Hegseth’s recent remark, “The United States does not believe that Nato membership for Ukraine is a realistic outcome of a negotiated settlement,” fits right in with Putin’s wish list.

    This is about Russia becoming the international heavyweight the Soviet Union once was. It is also about a turn of events that greatly favours Putin.

    For three years, I have been working on a book, The Return of Russia: From Yeltsin to Putin, the Story of a Vengeful Kremlin. My research included interviews with leading policymakers, among them Jens Stoltenberg, who served as secretary general of Nato between 2014 and 2024. When we spoke in September 2023, I took the opportunity to ask him how he saw the coming months in the war in Ukraine. He told me:

    Only the Ukrainians that can decide what is an acceptable solution. But the stronger they are on the battlefield, the stronger they will be on the negotiating table and therefore our responsibility is to support them … but it’s for Ukrainian to make the hard decisions on the battlefield. And of course at the end at the negotiating table.

    Trump’s démarche towards a deal appears to ignore that logic, and strengthens Putin’s hand before negotiations have even started.

    If it does lead to an end to the war now, there is nothing to say that Putin’s long view of history won’t encourage him to go to war again in a few years. And he’ll be better prepared to capture more territory than he has already in the last three blood-soaked years.

    James Rodgers 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. Ukraine peace talks: Trump is bringing Russia back in from the cold and ticking off items on Putin’s wish list – https://theconversation.com/ukraine-peace-talks-trump-is-bringing-russia-back-in-from-the-cold-and-ticking-off-items-on-putins-wish-list-249982

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Defence Secretary’s speech on Defence Reform

    Source: United Kingdom – Executive Government & Departments

    Transcript of the Defence Secretary’s address on defence reform at the Institute for Government.

    Good morning, everyone. Thank you for being here and thank you for hosting us today.

    The Institute for Government, in my book, plays a really important role in Westminster. It helps hold Ministers to account for what we say we’re going to do as part of that bigger mission to securing this country a better government for Britain.

    I must say, when I confirmed this event a few weeks ago, I wouldn’t have expected such interest in MOD reform, and I’m really grateful for the level of this attendance and presence, both in the room and online.

    But I guess the pace of the geopolitical change which you were referring to Hannah, and what we’re seeing right now confirms what I would argue is the need for change within defence too.

    As I said on my first day as Secretary of State in the department, when I came through the doors, I’m a Defence Secretary that’s more interested in getting results and global opportunities than headlines, and I guess I’m delivering on that promise, making a speech on defence reform right in the middle of parliamentary recess.

    However, the headlines, the wider headlines, and the decisions that we make right now over the coming weeks will not only define the outcome of the conflict in Ukraine, but the security of our world for a generation to come, and the nature of government means dealing with these challenges.

    In my view, the test of leadership, of political leadership isn’t just about managing the immediate, it’s also about reforming for the future.

    We’re in a new era of threat that demands a new era for defence and in the middle of everything else, last week, the new Defence Secretary Pete Hegseth in the US and I,  made time to discuss the aims we share on defence reform.

    This government, our new Labour government, was elected on a mandating one word: change.

    We govern on an instruction in one word: deliver.

    And as a new government, we’re delivering for defence.

    Over these first seven months, we stepped up and speeded up support for Ukraine. We’ve increased defence spending this year by nearly £3 billion, and we’ll set the path to spending 2.5% of GDP in the Spring.

    We’ve launched a new Defence Industrial Strategy. We secured a deal to buy back 36,000 military homes to improve conditions for personnel and get better value for the taxpayer.

    We’ve given the men and women of our armed forces the biggest pay increase for more than 20 years. We signed the landmark Trinity House agreement with the Germany.

    We’ve already progressed the Armed Forces Commissioner bill through the House of Commons to give a strong independent voice to improve service life.

    We have in the MOD two major change programmes both launched within the first month of government.

    One, the Strategic Defence Review. Two, our Defence Reform program. Each is essential for the other. The Defence Review will reinforce the imperative for Defence Reform. Defence reform is the foundation for being able to implement the Defence Review and for discharging what is our first duty in government.

    Exactly a year ago, actually, in February, I gave a speech at Policy Exchange on defence reform in which I outlined, and I said then the need to create a strong defence centre capable of leading Britain meeting the increasing threats we face.

    And in a little noticed section of the Labour Party manifesto at the July election, we pledged specific reforms and said strengthening our defences requires stronger leadership, clearer accountability, faster delivery, less waste and better value for money.

    By the end of July, I put in place a new team, new leadership, and weekly meeting meetings with me to drive our defence reform programme.

    And today, I wanted to offer an update on where we’ve got to and where we are going in the months ahead.

    One of the really special things about this job, the special things about this special job are the deeply impressive men and women I meet every day, from the submariners coming home from weeks undersea, to apprentices on Derby’s nuclear reaction production lines, to the NATO HQ team with people in the MOD building that last week pulled together the Ukraine led contact group meeting of 46 nations in the room at one week’s notice.

    Extraordinary people doing extraordinary things within a system that very often doesn’t work in the way that we need it to, for an increasingly dangerous world, work in the way that we need it to, to provide our armed forces with what they need to deter, to fight and to win.

    First, underpinning it all is the absence of clear, consistent accountability, central to the effectiveness of any organisation. Yet I have been in too many meetings when I ask who’s leading this? Who’s responsible for getting this done? And no one is able to give me a single, clear answer.

    Second, while everyone agrees that defence spending needs to increase, it’s not just how much you spend, but it’s how well you spend it. And we’re simply not securing the value for money our armed forces, our economy needs for every defence panel.

    We duplicate even the most central tasks. For example, we have eleven separate finance functions, two and a half thousand people doing the same activity in different places, in different ways. And third defence is mired in process and procedure. We’ve added complexity where simplicity is needed.

    Procurement, we’ve got a situation where we employ eleven checkers for every one decision maker. So, no wonder it takes an average six years for a large programme simply to get onto contract.

    So today, I’m here to declare that investment in defence will be matched by reform.

    First, we’re introducing clear points of accountability at every level within UK defence, starting at the top with four new senior leaders, four leaders who report to me as Defence Secretary and my ministerial team at the central point of accountability to the British people and to the British public.

    The Chief of the Defence Staff, who, for the first time since this role was created, now commands the service chiefs and will be the head of newly established Military Strategic Headquarters, responsible for force design and war planning across our integrated force.

    The Permanent Secretary, our principal accounting officer, who will run a leaner, more agile Department of State with more policy muscle to lead arguments across Whitehall and with allies, we’ll revamp senior roles to elevate those into policymakers with broad portfolios and powerful mandates.

    Third, our new Armaments Director, who will fix procurement and drive growth. I’ll come back to the detail of the National Armaments Director in a moment.

    Fourthly, our Chief of Defence Nuclear, who will continue to lead and deliver the national Nuclear Enterprise within the recently established ring fence and freedoms.

    This new quad will lead a defence which is more concentrated on warfighting, readiness and on deterrence.

    They’ll shift the approach as an organisation, which too often has been obsessed with process, to one focus on outcomes, in which information flows quickly, accountabilities are clear, and results are demanding. This new quad will be up and running from the 31st of March.

    On finance will match our new accountabilities, making hardware that manages money better to secure better value for money, for the taxpayer, better outcomes for the armed forces.

    [Political reference removed]

    Instead of the ten current top line budget holders, there will be four new budget holders, one for each of this new quad. We will introduce three new centrally determined financial budgets, each with ministerial oversight, readiness, operations, investment.

    The new readiness budget will hold the chiefs of the services to account for how they run their day-to-day spending. This will be done by the Chief of Defence Staff through our new Military Strategic Headquarters. The Military Strategic Headquarters will be responsible for the new operations budget, unencumbered by the excess bureaucracy and the lack of clarity that characterises the way the defence is organised now, and ministers will direct those priorities.

    And then finally, our new National Armaments Director will run the single new investment budget, bringing together eight separate procurement budgets across the organisation into one.

    This will help cut waste, reduce duplication, it will help ensure that we are buying better what our front-line forces need. In turn, the Armaments Director will acquire owning capabilities which are affordable within the budgets set by Ministers.

    These budgets, as with the quad, will have Initial Operating Capability from the end next month, 31st March.

    Our new National Armaments Director will fundamentally change how defence works partner with industry, how the defence becomes the engine for driving economic growth.

    So sitting alongside the Permanent Secretary, the Chief of Defence Staff, then executing £20 billion-plus budget to build sustain our national arsenal, because at this time, we must rearm Britain, and I see this as a new FTSE 100 company within the MOD tasked, if you like, with getting the very best capabilities needed into the hands of our frontline forces.

    Delivering on our Defence Industrial Strategy to create more defence jobs, more defence apprenticeships in every region and nation across the UK. Tasked with driving British exports up and wider, tasked with receiving responsibility for the entire end to end acquisition system for the MOD.

    They will save the taxpayer at least £10 billion over the next decade, savings that we would reinvest directly into Britain’s defence. Our interim National Armaments Director will be in post by the end of next month, recruitment for a permanent candidate is already underway.

    In conclusion, the world is changing. Defence is changing. Our reform programme represents the biggest shake up of UK defence for over 50 years.

    Let me say this. This is a government whose commitment to defence is unshakeable. It’s the foundation for our Plan for Change, for the delivery of our government’s missions, we will match sustained investment with serious reform.

    It will mean, growing the economy. It will mean a more muscular defence for a more dangerous world. It will mean, Britain, which is secure, at home, and strong abroad.

    Updates to this page

    Published 18 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: SPbGASU signed an agreement with the Movement of the First

    Translartion. Region: Russians Fedetion –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Marina Malyutina and Svetlana Lushnikova

    On February 17, the Vice-Rector for Youth Policy at SPbGASU Marina Malyutina and the First Deputy Chairperson of the regional branch of the Russian Movement of Children and Youth “Movement of the First” in St. Petersburg Svetlana Lushnikova met within the walls of our university for the ceremonial signing of a cooperation agreement.

    The agreement envisages joint work in various areas of youth policy and career guidance for future applicants.

    Svetlana Lushnikova emphasized: “The main goal of the agreement is to create an opportunity for interaction between students and representatives of youth organizations, which will allow young people to bring their ideas to life.”

    The agreement will include a number of joint projects that will help students not only deepen their knowledge but also develop practical skills needed for a successful career. The joint projects are expected to benefit both the participants and the entire society.

    Marina Malyutina noted: “The university is confident that this is the beginning of a long-term and productive partnership.”

    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: Financial news: Three deposit auctions of the PPC “TERRITORIAL DEVELOPMENT FUND” will be held on 18.02.2025

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    The date of the deposit auction is 18.02.2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 5,195,000,000.00. The placement period, days is 35. The date of depositing funds is 18.02.2025. The date of return of funds is 25.03.2025. 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 5,195,000,000.00. 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 12:00 to 12:10. Bids in competition mode from 12:10 to 12:15. Setting the cutoff percentage or declaring the auction invalid until 12:25.

    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. MEEX.K.M.M.

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial News: Attacks on financial institutions are becoming more sophisticated

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    In 2024, the Bank of Russia received more than 750 reports of computer attacks on financial companies. Most of the attacks were carried out to disable the information infrastructure of companies or make their services unavailable (DDoS attacks). At the same time, hackers are increasingly trying to gain access to the systems of financial organizations through attacks on their suppliers.

    Attack methods are becoming increasingly complex, multi-stage and multi-level, which sometimes allows them to bypass traditional means of information protection, and makes it more difficult for financial institutions to detect attacks. In addition, when analyzing incidents, Bank of Russia specialists identified repeated attacks on previously compromised systems. In some cases, hackers could sell access to them to other attackers.

    To ensure that financial institutions maintain their ability to resist cyberattacks and strengthen the security of their infrastructure, the Bank of Russia regularly conducts cyber exercises. In 2024, more than 290 companies took part in them.

    Analytical data on the main types of computer attacks in the financial sector for 2024 are presented in the Bank of Russia review.

    Preview photo: VL-PhotoPro / Shutterstock / Fotodom

    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.KBR.ru/Press/Event/? ID = 23380

    MIL OSI Russia News –

  • MIL-OSI Russia: HSE Design School to Take Part in ARTDOM 2025 International Exhibition

    Translartion. Region: Russians Fedetion –

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

    Environmental design shapes the reality around a modern person. It is the appearance of spaces and objects that surround us: architects and environmental designers design interiors and furniture, buildings and landscapes.

    This sphere, like no other, combines conceptuality and utility. At the HSE School of Design they teach both: students simultaneously create a comfortable environment and express complex thoughts through graphic communication.

    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: American Lamprecht Enhances Visibility for Air and Ocean Shipments Using Descartes Solution

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Georgia and AMERSFOORT, The Netherlands, Feb. 18, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Illinois-based freight forwarder American Lamprecht is providing its customers with real-time visibility into the location and status of their air and ocean shipments using Descartes’ shipment tracking capabilities, which are integrated with Descartes’ cloud-based forwarder enterprise billing and accounting solution.

    “Today’s customers expect to view the status of their shipments on-demand across all modes of transport,” said Patrick Imhof, CEO at American Lamprecht. “With Descartes’ advanced tracking, we can provide shippers with anytime, anywhere insights into shipment location and status at every stage of the air or ocean journey. This not only enhances customer service standards, but also allows us to reduce the time spent tracking shipments manually. Combined with the efficiency gains from the integration with our Descartes forwarder system, we’re better positioned to drive up overall service levels with more effective operations and higher-value productive time with customers.”

    As part of the Descartes Global Logistics Network™ (Descartes GLN™), one of the world’s most extensive logistics networks, Descartes’ advanced shipment tracking capabilities connect to a wide range of air and ocean carriers to populate Descartes OneView™ Forwarder Enterprise. An on-demand, multimodal forwarder back-office solution, Descartes OneView Forwarder Enterprise is used by thousands of forwarders and customs brokers as the foundation of their accounting, financial reporting and billing operations. Using the combined solution, logistics service providers, such as American Lamprecht, can automate ocean and air freight tracking with real-time visibility, predictive ETAs, intelligent alerts, and consolidated data from a single reliable source, enabling better decision-making and risk management.

    “We’re pleased to help American Lamprecht provide customers with easy access to real-time status information on air and ocean shipments by leveraging additional value offered by the Descartes OneView platform,” said Scott Sangster, General Manager, Logistics Services Providers at Descartes. “Whether for imports or exports, the combined solution helps logistics service providers drive much more efficient digital shipment workflows to better coordinate the movement of freight and boost customer service levels without adding labor.”

    About Descartes

    Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

    Global Media Contact
    Cara Strohack
    cstrohack@descartes.com

    Cautionary Statement Regarding Forward-Looking Statements

    This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ broker and forwarder enterprise system solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

    The MIL Network –

  • MIL-OSI: Transocean Ltd. Announces CEO Succession Plan

    Source: GlobeNewswire (MIL-OSI)

    STEINHAUSEN, Switzerland, Feb. 18, 2025 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) today announced its plan for key leadership changes pursuant to the company’s multi-year succession planning strategy. As part of this plan, Keelan Adamson, the company’s President and Chief Operating Officer, will become President and Chief Executive Officer following a transition period, which is expected to conclude during the second quarter of 2025. Mr. Adamson will succeed Jeremy Thigpen, who has led Transocean as Chief Executive Officer since 2015. Mr. Adamson is also expected to be nominated to join the Board of Directors at the company’s 2025 annual general meeting of shareholders.

    Mr. Thigpen will continue serving as Chief Executive Officer until Mr. Adamson’s appointment and will continue his service as a member of the company’s Board of Directors through his current term. Thereafter, subject to shareholder approval at the 2025 annual general meeting, Mr. Thigpen is expected to be appointed as Executive Chair of the Board of Directors, and Mr. Chad Deaton, Transocean’s current Chair of the Board, will transition to Lead Independent Director.

    “Keelan is an experienced executive who has a deep understanding of our business, our customers and our industry,” Mr. Deaton said. “Throughout his three decades with Transocean, where his experience has taken him from the drill floor to the executive level, Keelan has helped to shape the foundation of the company and position Transocean for sustained success as the industry’s market leader. This transition represents the culmination of a key part of our multi-year, rigorous and thoughtful succession plan designed to develop internal talent and maintain business and leadership continuity.  Keelan is well-prepared for this opportunity.” 

    Mr. Deaton continued, “On behalf of the entire Board, I would like to recognize and thank Jeremy for leading Transocean through the most challenging market in the history of offshore drilling. He guided Transocean as we transformed our fleet through opportunistic asset transactions, as well as the acquisition of two major competitors; under his leadership, we placed into service the most technologically advanced rigs in the world, including the first 8th generation, 20K drillships. He oversaw the continuation of Transocean’s legacy for leading the industry in innovation, with the application of new technologies that improve the safety, reliability and efficiency of our operations. Jeremy’s contributions and leadership have been recognized and appreciated by the entire industry, and we look forward to his continued work with Transocean as he transitions into his new role.” 

    Mr. Adamson has served as Transocean’s President and Chief Operating Officer since February 2022. Prior to that time, he served as the company as Executive Vice President and Chief Operations Officer from August 2018 to February 2022, as Senior Vice President, Operations from October 2017 to July 2018, and as Senior Vice President, Operations Integrity and HSE, from June 2015 to October 2017. As part of his responsibilities during this period, Mr. Adamson oversaw the company’s Technical Services team from May 2016 to October 2017. He also served as the company’s Vice President, Human Resources from December 2012 to May 2015, and has held other executive positions with the company, including as the Vice President overseeing Major Capital Projects and Engineering. He joined Transocean in 1995 and has held rig management positions in the United Kingdom, Asia and Africa, sales and marketing leadership roles, and served as the Managing Director for the company’s business in North America, Canada and Trinidad. Mr. Adamson earned a bachelor’s degree in Aeronautical Engineering from The Queens University of Belfast and completed the Advanced Management Program at Harvard Business School.

    “I am honored by and grateful for the opportunity to lead Transocean and its talented and dedicated workforce,” said Mr. Adamson. “With the highest specification fleet in the industry and the unparalleled experience of our offshore crews and shore-based support personnel, we are well-positioned for success. As I work alongside the entire Transocean team as CEO, we will maintain a sharp focus on executing our business strategy – delivering enhanced shareholder value by optimizing operations, safely and efficiently meeting our customers’ objectives and meaningfully reducing our debt. It is an honor to succeed Jeremy, who skillfully guided Transocean through an unprecedented industry downturn and prepared it for the opportunities that we are realizing today.”

    In reflecting on his tenure as Chief Executive Officer, Mr. Thigpen said, “The trust and support the Board and the entire Transocean team provided during my tenure as CEO helped assemble an impressive team that operates the industry’s most technologically advanced assets, while executing on strategies that preserved and enhanced shareholder value. Transocean is a resilient and strong organization, made stronger by leaders like Keelan whom I have had the pleasure of working closely with for the past decade. Keelan is the right person to lead Transocean as we build upon the company’s position as the leader in offshore drilling.”

    About Transocean

    Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world.

    Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, consisting of 26 ultra-deepwater floaters and eight harsh environment floaters.

    Forward-Looking Statements

    The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements could contain words such as “possible,” “intend,” “will,” “if,” “expect,” or other similar expressions. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are beyond our control, and in many cases, cannot be predicted. As a result, actual results could differ materially from those indicated by these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, sales of drilling units, the cost and timing of mobilizations and reactivations, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the fluctuation of current and future prices of oil and gas, the global and regional supply and demand for oil and gas, the intention to scrap certain drilling rigs, the effects of the spread of and mitigation efforts by governments, businesses and individuals related to contagious illnesses, and other factors, including those and other risks discussed in the company’s most recent Annual Report on Form 10-K for the year ended December 31, 2023, and in the company’s other filings with the SEC, which are available free of charge on the SEC’s website at: www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. We expressly disclaim any obligations or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or beliefs with regard to the statement or any change in events, conditions or circumstances on which any forward-looking statement is based, except as required by law. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in quantitative schedules on the company’s website at: www.deepwater.com. 

    This press release, or referenced documents, do not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and do not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”) or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of Transocean and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.

    Analyst Contact:
    Alison Johnson
    +1 713-232-7214

    Media Contact:
    Pam Easton
    +1 713-232-7647

    The MIL Network –

  • MIL-OSI Europe: Draft agenda – Monday, 10 March 2025 – Strasbourg

    Source: European Parliament

    28 Establishing the Reform and Growth Facility for the Republic of Moldova
    Siegfried Mureşan, Sven Mikser (A10-0006/2025) 
        – Amendments; rejection Wednesday, 5 March 2025, 13:00
    Texts put to the vote on Tuesday Friday, 7 March 2025, 12:00
    Texts put to the vote on Wednesday Monday, 10 March 2025, 19:00
    Texts put to the vote on Thursday Tuesday, 11 March 2025, 19:00
    Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 12 March 2025, 19:00

    MIL OSI Europe News –

  • MIL-OSI Europe: Draft agenda – Wednesday, 12 March 2025 – Strasbourg

    Source: European Parliament

    38 Continuing the unwavering EU support for Ukraine, after three years of Russia’s war of aggression     – Motions for resolutions Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Monday, 10 March 2025, 19:00     – Amendments to joint motions for resolutions Monday, 10 March 2025, 20:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 11 March 2025, 16:00 49 Social and employment aspects of restructuring processes: the need to protect jobs and workers’ rights     – Motions for resolutions Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 7 March 2025, 12:00     – Amendments to joint motions for resolutions Friday, 7 March 2025, 13:00 11 Debates on cases of breaches of human rights, democracy and the rule of law (Rule 150)     – Motions for resolutions (Rule 150) Monday, 10 March 2025, 20:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 12 March 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 12 March 2025, 14:00 Separate votes – Split votes – Roll-call votes Texts put to the vote on Tuesday Friday, 7 March 2025, 12:00 Texts put to the vote on Wednesday Monday, 10 March 2025, 19:00 Texts put to the vote on Thursday Tuesday, 11 March 2025, 19:00 Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 12 March 2025, 19:00

    MIL OSI Europe News –

  • MIL-OSI Europe: Draft agenda – Tuesday, 11 March 2025 – Strasbourg

    Source: European Parliament

    48 The future of European defence     – Motions for resolutions Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 7 March 2025, 12:00     – Amendments to joint motions for resolutions Friday, 7 March 2025, 13:00     – Requests for “separate”, “split” and “roll-call” votes Monday, 10 March 2025, 19:00 32 Verification of credentials
    Ilhan Kyuchyuk     – (possibly) Amendments Wednesday, 5 March 2025, 13:00 22 European Social Fund Plus post-2027
    Marit Maij     – Amendments by the rapporteur, 71 MEPs at least; Alternative motions for resolutions Wednesday, 5 March 2025, 13:00     – Joint alternative motions for resolutions Thursday, 6 March 2025, 12:00 25 Assessment of the implementation of Horizon Europe in view of its interim evaluation and recommendations for the 10th Research Framework Programme
    Christian Ehler     – (possibly) Amendments by the rapporteur, 71 MEPs at least; Alternative motions for resolutions Wednesday, 5 March 2025, 13:00     – (possibly) Joint alternative motions for resolutions Thursday, 6 March 2025, 12:00 20 European Semester for economic policy coordination 2025
    Fernando Navarrete Rojas     – Amendments Wednesday, 5 March 2025, 13:00 17 European Semester for economic policy coordination: employment and social priorities for 2025
    Maravillas Abadía Jover     – Amendments Wednesday, 5 March 2025, 13:00 16 Implementation of the common security and defence policy – annual report 2024
    Nicolás Pascual de la Parte (A10-0011/2025)      – Amendments Wednesday, 5 March 2025, 13:00 21 Implementation of the common foreign and security policy – annual report 2024
    David McAllister (A10-0010/2025)      – Amendments Wednesday, 5 March 2025, 13:00 18 Human rights and democracy in the world and the European Union’s policy on the matter – annual report 2024
    Isabel Wiseler-Lima (A10-0012/2025)      – Amendments Wednesday, 5 March 2025, 13:00 42 The need for EU support towards a just transition and reconstruction in Syria     – Motions for resolutions Wednesday, 5 March 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Monday, 10 March 2025, 19:00     – Amendments to joint motions for resolutions Monday, 10 March 2025, 20:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 11 March 2025, 16:00 Separate votes – Split votes – Roll-call votes Texts put to the vote on Tuesday Friday, 7 March 2025, 12:00 Texts put to the vote on Wednesday Monday, 10 March 2025, 19:00 Texts put to the vote on Thursday Tuesday, 11 March 2025, 19:00 Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 12 March 2025, 19:00

    MIL OSI Europe News –

  • MIL-OSI Europe: Draft agenda – Thursday, 13 March 2025 – Strasbourg

    Source: European Parliament

    Draft agenda
    Strasbourg
    Monday, 10 March 2025 – Thursday, 13 March 2025  
    Thursday, 13 March 2025   Version: Tuesday, 18 February 2025, 11:45
      Items on the agenda

    09:00 – 11:50   Debates
    12:00 – 14:00   VOTES
    15:00 – 16:00   Debates
      Speaking time

    09:00 – 11:50   Debates      

    12:00 – 14:00   VOTES      
    13   Texts on which debate is closed

    15:00 – 16:00   Debates      
    14   Major interpellations (Rule 145)
    15   Explanations of votes

    09:00 – 11:50   Debates     
    …..  
    15:00 – 16:00   Debates     
    …..  
    Last updated: 18 February 2025 Legal notice – Privacy policy

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Restricting German civil servants’ fundamental rights in connection with opposition parties – E-000361/2025

    Source: European Parliament

    Question for written answer  E-000361/2025/rev.1
    to the Commission
    Rule 144
    Tomasz Froelich (ESN)

    According to an internal German Federal Police directive dated 7 January 2025, based on an ordinance of 29 August 2024 issued by the German Federal Minister for the Interior, Nancy Faeser (SPD), federal police officers who are members of Alternative für Deutschland (AfD) or who actively support that party, in particular by standing for election, face disciplinary consequences, including dismissal. Activities within the AfD may be classed as ‘misconduct’ and constitute grounds for dismissal. The AfD has not been declared unconstitutional by the Federal Constitutional Court under Article 21(4) of the Basic Law and is protected by political-party privilege. There cannot possibly be disciplinary consequences for a civil servant by dint of being a member of it. Testing an individual civil servant’s constitutional loyalty requires an individualised appraisal.[1]

    • 1.In the Commission’s view, does the action taken by Minister Faeser, i.e. federal police officers should be dismissed without an individualised assessment of their constitutional loyalty and solely by dint of their membership of or support for the AfD, jeopardise the fundamental rights of those civil servants?
    • 2.Is the Commission aware of similar cases where such action has been taken in other Member States? If so, which ones?
    • 3.Does the Commission intend to take account of the action taken by the Federal Minister for the Interior in its report on the rule of law in Germany?

    Submitted: 27.1.2025

    • [1] Josef Franz Lindner, ‘Zur Parteimitgliedschaft von Beamten’, Verfassungsblog.de, 15 February 2019.
    Last updated: 18 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: OLAF completes investigation into suspected serious irregularities in EU-funded procurement of power generators for Ukraine

    Source: European Anti-Fraud Offfice

    Press release no 5/2025
    PDF version

    The European Anti-Fraud Office (OLAF) has recommended the financial recovery of over EUR 91 million that were intended for the purchase and delivery of power generators to areas in Ukraine affected by power shortages. 

    OLAF completed in June 2024 its investigation into alleged serious breaches of procurement rules, transparency, and financial management in a EUR 114 million EU-funded project managed by Poland’s Government Agency for Strategic Reserves (RARS). 

    On top of the EU 91 million recommended for recovery, an additional EUR 22 million have been safeguarded from being unduly spent, allowing them to reach those in need of assistance. During the case, OLAF closely cooperated with the Central Anti-Corruption Bureau (CBA) and the Polish Public Prosecutor’s Office, leading to the arrest of at least three individuals.

    “We need every euro of EU support to Ukraine to reach those in need and guarantee that our taxpayers’ money is duly spent. Protecting EU aid to Ukraine, not only guarantees our taxpayers’ money is duly spent but is also a matter of our security. Thanks to our strong cooperation with the CBA and the Polish Prosecutor’s Office, we have successfully safeguarded the EU’s financial interests,” said Ville Itälä, OLAF Director-General. 

    Overpricing, lack of competition and undue advantages

    The evidence gathered during OLAF’s investigation, which began in July 2023, revealed overpricing, lack of competition and undue advantages given to certain contractors. RARS at the time refused to cooperate with OLAF during the investigation despite their obligations under the EU grant agreement signed in January 2023. 

    However, OLAF’s investigation was able to establish that RARS’ procurement process violated transparency, competition, equal treatment, and financial management principles. According to the findings of the investigation, contracts were awarded in a non-competitive manner, failing to ensure that the EU funds would reach their intended destination. 

    OLAF also gathered evidence indicating that RARS granted undue advantages to contractors by issuing large advance payments without sufficient guarantees, exposing EU funds to significant financial risks. 

    OLAF found that some contractors charged RARS up to 40% more than their purchase costs, leading to substantial overpricing of the EU-funded generators. 

    OLAF mission, mandate and competences:
    OLAF’s mission is to detect, investigate and stop fraud with EU funds.    

    OLAF fulfils its mission by:
    •    carrying out independent investigations into fraud and corruption involving EU funds, so as to ensure that all EU taxpayers’ money reaches projects that can create jobs and growth in Europe;
    •    contributing to strengthening citizens’ trust in the EU Institutions by investigating serious misconduct by EU staff and members of the EU Institutions;
    •    developing a sound EU anti-fraud policy.

    In its independent investigative function, OLAF can investigate matters relating to fraud, corruption and other offences affecting the EU financial interests concerning:
    •    all EU expenditure: the main spending categories are Structural Funds, agricultural policy and rural development funds, direct expenditure and external aid;
    •    some areas of EU revenue, mainly customs duties;
    •    suspicions of serious misconduct by EU staff and members of the EU institutions.

    Once OLAF has completed its investigation, it is for the competent EU and national authorities to examine and decide on the follow-up of OLAF’s recommendations. All persons concerned are presumed to be innocent until proven guilty in a competent national or EU court of law.

    For further details:

    Pierluigi CATERINO
    Spokesperson
    European Anti-Fraud Office (OLAF)
    Phone: +32(0)2 29-52335  
    Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
    https://anti-fraud.ec.europa.eu
    LinkedIn: European Anti-Fraud Office (OLAF)

    If you’re a journalist and you wish to receive our press releases in your inbox, pleaseleave us your contact data.

    MIL OSI Europe News –

  • MIL-OSI: Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its January 2025 Transparency Report, highlighting a dynamic start to the year marked by significant growth in trading volumes, platform engagement, and ecosystem innovation.

    Bitget expanded the BGB ecosystem through strategic initiatives, including launching a BGB liquidity pool on Uniswap and a $1.1 million liquidity pool on Bulbaswap following its integration with Morph Chain. These efforts enhance cross-chain compatibility and deepen liquidity, positioning BGB as a strong pillar of the Bitget ecosystem. Additionally, Bitget Research shared a report on 20% of Gen Z and Gen Alpha respondents who are open to incorporating crypto into pension plans, signaling a shift in long-term financial planning preferences toward digital assets.

    January saw the introduction of multiple platform enhancements. Bitget TraderPro Season 4 launched with a 10,000 USDT Grand Prize, enabling traders to test strategies and optimize returns. The HodlerYield service debuted, allowing users to earn passive income by holding USDE and weETH. Bitget Seed, an AI-powered algorithm, was unveiled to identify early-stage Web3 projects, while a strategic integration with Zen streamlined crypto payments across 11 fiat currencies. Bitget also became the first centralized exchange to offer TAO staking, expanding opportunities for users to earn rewards.

    Bitget Wallet strengthened its offerings with a $1 million airdrop for BGB holders, exclusive collaborations with Bitrefill for crypto-powered gift cards, and AI Agent Trading Zone features. The wallet’s limit order support on Base and Solana chains further enhances automated trading capabilities.

    Global engagement efforts included participation in the Crypto XR event in Auxerre, France, attended by over 3,000 enthusiasts, and New Year’s meetups in the Philippines, Vietnam, Russia, Spain, Portugal, Italy, Kenya, and other regions. These events fostered deeper connections with users and showcased Bitget’s expanding global footprint.

    Bitget’s January 2025 achievements build on its 2024 momentum, establishing the platform as a top-tier exchange focusing on security, innovation, and accessibility. As the crypto landscape evolves, Bitget remains poised to drive adoption through cutting-edge solutions and strategic partnerships, supporting users in navigating the opportunities and complexities of the digital asset era.

    For the full January 2025 transparency report, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f7f064f-8f44-40ae-9096-c738e009aaa8

    The MIL Network –