Category: Europe

  • MIL-OSI China: Zelensky discussed with Trump ‘opportunities to achieve peace’

    Source: China State Council Information Office

    Ukrainian President Volodymyr Zelensky said on Wednesday that he discussed ways to bring peace to Ukraine in a phone conversation with U.S. President Donald Trump.

    “We long talked about opportunities to achieve peace, discussed our readiness to work together at the team level,” Zelensky said on social media platform X, formerly known as Twitter.

    The Ukrainian leader noted that Trump shared details of his conversation with Russian President Vladimir Putin.

    Zelensky also said he discussed Ukraine’s technological capabilities with Trump, including drones and other advanced industries, as well as the preparation of a new document on bilateral security, economic cooperation, and resource partnership.

    Zelensky added that he and Trump agreed to stay in contact and plan future meetings.

    MIL OSI China News

  • MIL-OSI China: Putin, Trump talk over phone

    Source: China State Council Information Office

    The Kremlin announced on Wednesday that Russian President Vladimir Putin held a phone conversation with U.S. President Donald Trump.

    “The Russian president has invited the U.S. president to visit Moscow,” Kremlin spokesman Dmitry Peskov said, adding that Putin expressed readiness to receive U.S. officials in Moscow.

    The two presidents discussed the situation in Ukraine and the peaceful settlement of the conflict, Peskov said, stressing that Trump embraced a quick ceasefire and peaceful settlement of the problem while Putin underlined the needs to eliminate the root causes of the Ukraine conflict.

    “During the talks, they also touched upon the issues of the Middle East, Iran’s nuclear program as well as Russia-U.S. relations in the economic domain,” Peskov said.

    He noted that Putin and Trump, during the talks, agreed to keep personal contacts, including arranging a meeting in the future.

    The Kremlin spokesman described the phone conversation as an “extensive and substantive dialogue,” which lasted nearly 90 minutes.

    MIL OSI China News

  • MIL-OSI China: US, Russia to begin negotiations toward ending Ukraine crisis

    Source: China State Council Information Office 3

    U.S. President Donald Trump speaks during a press conference at the White House in Washington, D.C., the United States, on Jan. 30, 2025. [Photo/Xinhua]

    U.S. President Donald Trump said Wednesday that he and Russian President Vladimir Putin agreed during a phone conversation earlier in the day that Washington and Moscow will immediately engage in direct negotiations aimed at ending the Ukraine-Russia conflict.

    “I just had a lengthy and highly productive phone call with President Vladimir Putin of Russia,” Trump said, offering his version of the content of the call in a post on Truth Social.

    Trump said he and Putin agreed that “we want to stop the millions of deaths taking place in the War with Russia/Ukraine.”

    “We agreed to work together, very closely, including visiting each other’s Nations. We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now,” Trump said.

    He said he has asked U.S. Secretary of State Marco Rubio, Director of the Central Intelligence Agency John Ratcliffe, National Security Advisor Michael Waltz and Special Envoy to the Middle East Steve Witkoff to lead the U.S. team in the negotiations.

    Trump said he felt “strongly” that the negotiations between the United States and Russia “will be successful.”

    MIL OSI China News

  • MIL-OSI USA: News 02/12/2025 VIDEO: Blackburn Details New Report Documenting Crimes Committed by Illegal Aliens in Tennessee During Biden’s Final Months

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)

    WASHINGTON, D.C. – Today, U.S. Senator Marsha Blackburn (R-Tenn.) delivered remarks on the Senate floor about the Tennessee District Attorneys General Conference’s report documenting the widespread migrant crime in Tennessee that occurred during the final months of the Biden-Harris administration. In the final three months of 2024, thousands of illegal aliens in Tennessee were charged with driving under the influence, domestic and aggravated assault, child abuse, rape, vehicular homicide, murder, and other heinous crimes.  

    Click here to watch Senator Blackburn’s remarks. 

    REMARKS AS PREPARED

    Since President Trump Took Office, Migrant Encounters Are Down 87% at Southern Border

    In just his first weeks back in the Oval Office, President Trump has taken strong action to secure our border. Through executive actions alone, the President has restored the successful Remain-in-Mexico policy, restarted border wall construction, ended catch-and-release, sent troops to the southern border, conducted deportations, and done so much more to Make America Safe Again. Already, we’re seeing incredible results. 

    In operations across the country, Immigration and Customs Enforcement has arrested 11,000 criminal illegal aliens, including many violent offenders and gang members. Since Inauguration Day, meanwhile, migrant encounters at the southern border have reportedly dropped 87 percent. To be certain, forceful efforts to secure our border are urgently needed.

    For four years, former President Biden allowed more than 10 million illegal aliens to enter our country, including tens of thousands of convicted criminals and more than 1.7 million known “gotaways.” And for four years, Tennesseans and Americans across the country have suffered the tragic consequences, including rampant migrant crime.

    New Report Documents Widespread Migrant Crime in Tennessee Under Biden

    Recently, the Tennessee District Attorneys General Conference released a report documenting the widespread migrant crime in our state during the final months of the Biden administration. In many ways, the report confirms what we already know: During the Biden years, every town was a border town, and every state was a border state.

    In just the final three months of 2024, there were a staggering 2,719 reports of illegal aliens being charged or convicted of 3,854 offenses in the State of Tennessee. Among them, the most common offense was driving under the influence, at 654 arrests. Shockingly, these offenses accounted for more than 13 percent of all DUI arrests statewide.

    This problem is a big reason why, last year, my Republican colleagues and I introduced the Protect Our Communities From DUIs Act. This bill would automatically deport any illegal who is charged with driving under the influence.

    Over the same period—from October to December last year—illegal aliens committed hundreds of violent, heinous crimes: 154 instances of domestic assault, 80 of aggravated assault, 21 of child abuse, 9 of statutory rape, 8 of sexual exploitation of a minor, 7 of vehicular homicide, 4 of murder, 3 of rape of a child, and on and on. Disturbingly, these numbers are likely an undercount: Only 73 of Tennessee’s 95 counties reported data to the District Attorneys General Conference.

    Biden’s Open Border Enabled Thousands of Crimes by Illegal Aliens in Tennessee

    Under Biden, national data showed that illegal aliens were pouring in from countries all over the world—and the Tennessee migrant crime report also reflects this. Across all the offenders, there were 92 unique countries of origin, from Mexico and Guatemala to Jamaica and Romania.

    Here’s the bottom line: Because of Biden’s open border, thousands of crimes were committed by thousands of criminal illegal aliens in the State of Tennessee over just a three-month span. And this is just one state. We know this is happening in communities across the country.

    More than anything, the report underscores the importance of President Trump’s mass deportations, which are already underway. Thankfully, there are many ways for Congress to support these efforts. My CLEAR Act, for example, would ensure state and local law enforcement officials have the tools to help the federal government deport criminal illegal aliens.

    This is crucial—especially when far-left leaders like Chicago Mayor Brandon Johnson are refusing to turn over criminal illegal aliens to federal custody. Thankfully, Attorney General Bondi is suing these sanctuary cities for allowing criminal illegals—who have no right to be in our great nation—to harm Americans.

    Blackburn Bills Would Allow Deportation of Illegal Aliens Convicted of Sex Crimes and Ensure Border States Have More Authority to Secure Their Borders

    I’ve also introduced the Preventing Violence Against Women by Illegal Aliens Act, which would allow the deportation of illegal aliens convicted of sexual offenses or domestic violence. Any illegal alien who commits these heinous crimes should be removed from our country immediately.

    And my CONTAINER Act would ensure that border states such as Texas have the legal authority to place temporary barriers on federal land to help stop the flow of traffickers, drugs, and criminals at the southern border. With help from states securing the border, ICE can direct more resources to deporting criminal illegals who are already in our country.

    With thousands of criminal illegals residing in Tennessee and across the country, we should be using every resource at our disposal to remove them from our country. In many ways, these bills would help President Trump get the job done.

    MIL OSI USA News

  • MIL-OSI China: Cultural activity held to celebrate Lantern Festival at press center for Asian Winter Games

    Source: People’s Republic of China – State Council News

    MIL OSI China News

  • MIL-OSI China: Trump says Putin agrees to start negotiations to end Ukraine conflict

    Source: China State Council Information Office

    U.S. President Donald Trump said Wednesday that he and Russian President Vladimir Putin agreed during a phone conversation earlier in the day that Washington and Moscow will immediately engage in direct negotiations aimed at ending the Ukraine-Russia conflict.

    U.S. President Donald Trump speaks during a press conference at the White House in Washington, D.C., the United States, on Jan. 30, 2025. (Xinhua/Hu Yousong)

    “I just had a lengthy and highly productive phone call with President Vladimir Putin of Russia,” Trump said, offering his version of the content of the call in a post on Truth Social.

    Trump said he and Putin agreed that “we want to stop the millions of deaths taking place in the War with Russia/Ukraine.”

    “We agreed to work together, very closely, including visiting each other’s Nations. We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now,” Trump said.

    He said he has asked U.S. Secretary of State Marco Rubio, Director of the Central Intelligence Agency John Ratcliffe, National Security Advisor Michael Waltz and Special Envoy to the Middle East Steve Witkoff to lead the U.S. team in the negotiations.

    Trump said he felt “strongly” that the negotiations between the United States and Russia “will be successful.”

    MIL OSI China News

  • MIL-OSI United Kingdom: Press release: Government unveils plans for next generation of new towns

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    • Over 100 sites across England have come forward to be considered for next generation of new towns
    • Government on track to create beautiful communities, provide affordable homes, and deliver much needed infrastructure, including schools and nurseries, GP surgeries, and bus routes 
    • By taking on the blockers, 20,000 homes, along with new schools and health facilities, will move forward following government action, and we will now turn to unblock the remaining 700,000 homes across 350 sites 
    • Comes as government rolls out major planning reforms to sweep away the blockers and push through its housebuilding agenda as part of the Plan for Change

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    Visiting a housing development today, the Prime Minister will unveil the government’s plans for the next generation of new towns – well-designed, beautiful communities with affordable housing, GP surgeries, schools and public transport where people will want to live. 

    Over 100 proposals from across every region in England were submitted, showing local areas and housebuilders’ ambition to get on board to build the next generation of new towns – playing their part in getting Britain building and tackling the worst housing crisis in living memory. Every new town will have the potential to deliver 10,000 homes or more. 

    Delivering security is central to this government’s Plan for Change, because the least working people deserve when they graft hard is a secure home. That’s why the government is providing much-needed housing in the right places with the right infrastructure, and the New Towns Taskforce has today set clear principles on what the next generation of new towns will deliver: affordable housing, vital infrastructure and access to open green spaces and nature, to transform the lives of working people. 

    Prime Minister Keir Starmer said:

    For so many families, homeownership is a distant dream. After a decade of decline in housebuilding, the impact is a disconnect between working hard and getting on.

    This is about more than just bricks and mortar. It’s about the security and stability that owning your own home brings. I know what this means for working people – the roof above our head was everything for our family growing up. 

    We’ve already made progress in just seven months, unblocking 20,000 stuck homes. But there’s more to do.

    We’re urgently using all levers available to build the homes we need so more families can get on the housing ladder. We’re sweeping aside the blockers to get houses built, no longer accepting no as the default answer, and paving the way for the next generation of new towns.

    As part of the largest housebuilding programme since the post-war era, our ambitious Plan for Change will transform the lives of working people, once again connecting the basic principle that if you work hard, you should get on.

    Deputy Prime Minister and Secretary of State for Housing, Angela Rayner said:  

    Time and again we are seeing too many new homes stuck or stalled that not only act as a barrier to growth but also has real-world consequences for working people and families who see homeownership as nothing more than a distant dream.  

    I will not run away from the tough choices to fix the housing crisis we inherited that has left thousands of families on housing waiting lists, allowed homelessness to spiral out of control, and stopped an entire generation from picking up the keys to their first home.  

    While our vision for the next generation of new towns is setting the stage for a housebuilding revolution in the years to come, urgent action is needed now to build the homes and infrastructure that our local communities are crying out for. That’s why our New Homes Accelerator is working at pace to find solutions and remove blockages in the system, executing long-lasting solutions to get spades in the ground.  

    Today we are embarking on the next chapter in our Plan for Change to build 1.5 million new homes, deliver the biggest boost in social and affordable housing in a generation, and raise living standards for working people and families across the country.

    For far too long, working people have been let down by a decline in housebuilding. That’s why the government is rolling up its sleeves and is taking on the blockers with major reforms to planning regulation to get Britain building. 

    That work is already underway, with a staggering 20,000 new homes now successfully unblocked by the government’s novel ‘New Homes Accelerator’ programme, which deploys planning expertise to speed up the delivery of housing sites held by unnecessary delays.  

    Areas that have already benefitted from direct government action include:

    • Over 1,000 homes unlocked at Cowley Hill in Liverpool, where an agreement has been reached with the Environment Agency who withdrew its previous objections on both flood risk and biodiversity grounds, subject to planning.
    • And at Wolborough in Devon, the Accelerator has worked with Natural England to help accelerate this development, whilst ensuring environmental improvements are secured. On top of the 1,100 homes the site is injecting £1.75 million towards off-site pedestrian and cycle improvements, playing pitches, bus services and a local travel plan.  

    Housebuilders and local councils have put forward over 350 housing development sites stuck in the system under the previous government – that together could unlock around 700,000 new homes.

    Around a quarter of sites submitted are already receiving government attention since the call for evidence closed in October – demonstrating success of the programme, and local ambition to support the government’s 1.5 million homes target.

    This goes hand-in-hand with government action to overhaul the planning system, supporting the builders and not the blockers, taking the brakes off economic growth, raising living standards, and making the tough decisions to deliver for working people and families. 

    This includes:

    • Publishing a new growth-focused National Planning Policy Framework, which introduced new mandatory for councils to deliver the right homes in the right places, with a combined total of 370,000 homes a year.
    • Introducing the Planning and Infrastructure Bill next month. The Bill will overhaul environmental regulations to no longer accept the failed status quo where bats are more important than trains or newts more important than homes, and remove blockers to fast-track delivery of the homes and infrastructure that local communities need.    

    To get Britain building now – the government today announces plans to fast stream planning through brokering disagreements between the agencies and expert bodies, which by law must be consulted within the planning process. Bodies including National Highways, Natural England and the Environment Agency will need to bring planners and housebuilders to the table and iron out concerns that have been holding back development.

    Responding to sector concerns on pinch points, work stepping up with the Building Safety Regulator to ensure greater timeliness and efficiency when new tall buildings are signed off – to provide more homes for more people.

    This work will be bolstered by extra government funding announced today, including:  

    • £1 million for government agencies, including National Highways, Natural England and the Environment Agency, to speed up the planning approval of new homes and improve feedback to local authorities and industry where required.

    • £2 million to support the Building Safety Regulator to continue improving the processing for new-build applications.

    • Over £3 million of grants for local councils to bolster planning capacity, alongside direct advice and navigate through some of the more complex issues holding up new development.   

    Alongside the Accelerator, the government is also supporting local partners through a clearing service to help accelerate the sale of uncontracted and unsold affordable homes, with nearly 300 housebuilders, local councils and registered providers signing up in the first 50 days of its launch.   

    In December, the government set a clear hierarchy of brownfield first, grey belt second and green belt third. Today, further funding is being injected to drive regeneration and brownfield deliver in the following areas:  

    • £20 million to help transform neglected small-scale council-owned sites into new homes, for areas most in need.

    • Nearly £30 million from the Brownfield Infrastructure and Land Fund in Bradford to transform derelict brownfield sites into a vibrant residential area with 1,000 new homes, three community parks, shops, cafés, restaurants, and offices.

    • £1.5 million to support a regeneration programme at Manchester Victoria North, delivering a new district of 15,000 homes with transport links and green spaces.   

    Getting homes built for working people is a priority and is backed by investment in housing which is increasing to £5 billion for this year, including a top-up of £800 million being injected into the existing Affordable Homes Programme to help deliver tens of thousands of new affordable and social homes across the country.   

    This is in addition to an extra £100 million of cash to bolster local resources with increased planning fees to cover costs and funding to recruit 300 planning officers, making sure councils have the capacity they need to rubberstamp new homes and infrastructure.

    Updates to this page

    Published 13 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Nations: Deputy Secretary-General’s remarks to 2025 European Union Ambassadors Conference: “How the EU Can Better Leverage Its Unique Partnership with the UN System at the Country Level” [as prepared for delivery]

    Source: United Nations secretary general

    Excellencies,

    Ladies and gentlemen,

    I thank the High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission, Kaja Kallas for her invitation. It is a pleasure to be back following my participation in this conference in 2022.

    Let me begin by congratulating the new EU leadership and welcoming the EU Commissioners. Your leadership comes at a critical juncture, and I look forward to working closely with you to strengthen the vital and strong partnership between our institutions.
    Excellencies,

    There is no doubt that the world we face today is more complex and uncertain than when we last met in 2022.

    We are seeing that geopolitical tensions, economic uncertainty, and a growing climate crisis are reshaping our global landscape. We are seeing key global players redefining their foreign policy and adding uncertainty to what is already a highly volatile political and economic environment.

    A few years ago, who would have imagined the war in Ukraine? Yet here we are, still grappling with the aftermath.

    I hope that we will be able to restore peace and stability in Ukraine, returning to a state of security that transcends the borders that have been so deeply affected.  We must also recognise that the greatest impact of these conflicts is felt by the people— not just in Ukraine but also in Gaza, Sudan, and the Sahel— people who are desperately searching for hope.

    The human toll is immeasurable, and this pressure on humanitarian support—where the European Union has been a generous leader—only adds to the challenges we face in achieving our Sustainable Development Goals.

    Excellencies,
     When we adopted the 2030 Agenda in 2015, we had a vision, but today, with five years to go, the road to realising our SDGs has become much more difficult. However, this does not mean we should abandon these Goals. Quite the opposite – they are now more urgent than ever.

    When we look at the poverty agenda, the inclusion agenda, human rights, climate, and the need for stronger institutions to support these goals, it becomes clear that we must intensify our collective efforts.

     But to get there, we would need stronger, not weaker, international cooperation reinforced by leadership. In September, our Member States came together to adopt the Pact for the Future, reaffirming our commitment to the 2030 Agenda and highlighting four areas of shared concern.

    First, we must tackle the peace and security agenda, recognising the rapid pace of technological advancements and the importance of staying ahead.

    Second, there’s the matter of AI and quantum computing—fields where we are making strides and where we must establish clear guardrails and work collaboratively. The European Union has taken commendable steps in this area, and we value the leadership you’ve shown. We look forward to deepening this cooperation.

    Third, we must address the urgent need to reform the international financial architecture. Many developing countries are grappling with overwhelming debt burdens and limited fiscal space. The combination of rising interest rates—unexpected, partly due to the war in Ukraine—and the aftermath of COVID-19 has put these countries in a difficult position. They are often forced to choose between funding essential services like education or health and servicing their debt. This is not just about managing a crisis; it is about shifting the conversation toward investment—investing in people, the future, and resilience.

    While Official Development Assistance (ODA) is undeniably vital, we must ensure it is strengthened so that it can truly fulfil its promise. ODA alone won’t be enough to meet the scale of the challenges we face. That’s why we must also find innovative ways to harness domestic resources and create an environment that attracts private sector investment.
    As many countries prioritise industrialisation and the growth of small and medium-sized enterprises, it is crucial that we also create the conditions that allow these efforts to flourish. We need to ensure that there is a favourable environment for domestic resources to be better utilised and for private sector investment to flow in. This way, we are giving countries a fair chance at financing their own development and creating sustainable, long-term solutions that go beyond ODA alone.

    Last but certainly not least, the Pact for the Future calls upon us to consider the future generations that will inherit the world we shape today. It emphasises the importance of keeping climate action at the centre of our efforts. As we move forward, we must ensure that these future constituencies are included in the decisions we make now.

    Excellencies,
    The values that underpin our global stability – and on which the UN-EU partnership is rooted are under attack: solidarity, peace, justice, tolerance, human rights, and a rules-based international order.

    We see the EU as an indispensable partner in defending these values.

    As we look ahead to 2025, this is a crucial moment to reflect on the path ahead. What are the EU’s priorities, and how can it balance work within Europe while nurturing the global partnerships that contribute to a more stable Europe and a more peaceful world?

    These partnerships are fundamental, as they not only support Europe’s security and prosperity but also promote the shared values that we all hold dear. This aligns with our UN Charter, which calls for a future built on peace, dignity, and prosperity for all.

    Excellencies,
    The SDGs offer a valuable framework for engaging with our partners across sectors—civil society, government, academia, business, and beyond. Investing in the SDGs should not be viewed as a burden but as a strategic opportunity—one that will drive future markets, social cohesion, resilience, and security, not least for the European Union itself.

    Goals 7 to 15 represent critical areas where economic investments and equality must be prioritized. By addressing these, we unlock dividends for the first six SDGs—providing governments with the resources to fund critical programs such as social protection, education, health, and women’s empowerment.

    However, these goals also depend on robust partnerships and strong institutions. Investing in governance and institutions may take longer to yield results, but it is the foundation for lasting change. The work is difficult, but it is vital if we are to secure a future where no one is left behind.

    To make this a reality, we must find ways to accelerate action on the SDGs together. That is why we have invested in strengthening our strategic UN-EU partnership, not just at the global level but critically – in countries. 

    Over the past years, and with the impulse provided by the Joint Guidance that was shared with you and the UN Resident Coordinators in 2023. We have seen our partnership grow in scope and impact, yielding results in joint advocacy, policy, and programmatic collaboration.

    Together, we have engaged in significant reflection on how to sharpen our focus and ensure that our efforts on the ground deliver greater impact. The UN has established a strong presence, but should we aim for even greater coordination and coherence? Absolutely. We continue to strive for that, and with recent policy decisions by some of our larger donors, we need to leverage these efforts to accelerate action on the ground.

    This is a crucial moment for us to also focus on the regional level—how we can deploy from HQ to the regions and ensure that the countries most in need can come together. The UN has the expertise, but is it sufficient? Can we deliver at the scale and speed that development demands?

    Right now, the answer is no. We need more investment—investment that can drive real change. To do that, we need to work more effectively together with the EU, multilateral development banks, national development banks, and regional institutions so that we can all pull in the same direction. Only by working together can we achieve the progress we need.

    Excellencies,
    In Guatemala, we jointly support the national digital transformation agenda, leveraging the joint SDG Fund digital track—where the EU is the most significant contributor—to scale up innovation and modernize public services.

    In Ghana, our focus is similar, with a special emphasis on empowering women and young people through digital transformation.

    In Bosnia and Herzegovina, joint UN-EU teams are tackling shared priorities, from energy and green transition to digital transformation, human rights, and gender equality. And we are enhancing our programmatic and policy collaboration.

    In Nepal, the focus is on climate resilience, where the melting glaciers are a stark reminder of the climate challenges we face.

    In Zambia, we are focusing on human rights, governance, and emergency response—especially in the wake of climate-related events.

    These are just a few examples of our growing cooperation at the country level. New areas for collaboration are being identified, and we are looking to scale up the work already being done. For example, in the context of food systems and investments, we are identifying synergies that can create a multiplier effect.

    We know that issues like food systems are as important to Europe as they are to Africa, Asia, and SIDS. We are looking at enhancing connectivity and energy access, particularly for small and medium-sized enterprises. This will help empower women, young people, and the agricultural sector by ensuring that businesses can access energy and financial services.
    Trade also plays a key role in this. By improving connectivity and access to e-commerce, we can help women and young people thrive economically. The intersection between education, technology, and the climate agenda is crucial for transforming societies.

    The Global Gateway Strategy and EU priorities, such as infrastructure investments, are vital in this regard. We must ensure we’re better aligned and able to deliver scalable, impactful change. The example of the M300 project, which aims to connect 300 million people to power in Africa, shows great promise—but we need to ensure that these connections are linked with other investments to amplify their impact.

    Excellencies,
    With UN Resident Coordinators and EU Ambassadors in 122 countries where we share presence in partner countries, we can achieve significant development impact that speaks to the ambition of the 2030 Agenda.

    You lead Teams Europe, while our Resident Coordinators steer the UN country teams. Each is making a difference. But by working together, we can aim for large-scale transformation.
    In most countries, we are already consulting each other on the development of our respective country strategies. But we see scope to expand opportunities for you and Resident Coordinators to co-lead regular strategic dialogues that enable the advancement of shared priorities and investment pathways to accelerate the implementation of the SDGs.

    Such pathways – or transitions – range from increasing energy access to transforming food systems, to advancing decent jobs, social protection, health and education, to expanding digital connectivity, to tackling the triple planetary crisis of climate change, biodiversity loss and pollution.

    Excellencies,
    Our institutions are transforming rapidly.

    Just as the EU is reshaping its development cooperation approach, including through the Global Gateway Strategy and the Team Europe approach, the UN development system is also enhancing its impact, coherence and efficiency.

    The UN development system reform spearheaded by the Secretary-General is bearing fruit. The feedback received from developing countries on how the UN is responding to their development needs is very clear.

     In 2023, 96 percent of host governments said that UN teams on the ground are effectively responding to national priorities for SDG delivery. And 92 percent of host governments said that UN Resident Coordinators effectively lead the delivery of strategic support for national plans and priorities, compared to 79 percent in 2019.

    By leveraging our respective expertise and capacities, we can maximise synergies between Global Gateway priorities and the key transitions required for SDG acceleration.
    In complex settings, your leadership, alongside that of the Resident Coordinators, is equally critical to strengthening the coherence between humanitarian, development and peacebuilding action to enable early development investments and to help countries return to a development path.

    Together, we can promote development partners’ coordination mechanisms that are adapted to the country’s context and enable alignment of development investments with national priorities and the SDGs.

    By leveraging our respective convening power, we can scale up collaboration with governments and the national financing ecosystems, as well as International Financing Institutions and multilateral development banks – using existing tools such as the Integrated National Financing Frameworks.

    By challenging business as usual, beyond siloed or project-based models, we can — and we must— develop multistakeholder platforms for innovative financing and policy support.

    Excellencies,
    The challenges are immense but not insurmountable.

    Our strong partnership with the EU gives me hope.

    By strengthening our partnership even further, we can turn the Pact for the Future’s ambition for the SDGs into concrete, life-changing results across the globe.

    But the time for acceleration is now.

    Let us act boldly for a more equitable, resilient, and sustainable future where no one is left behind.

    Thank you.

    .

    .
     

    MIL OSI United Nations News

  • MIL-OSI Security: Update 274 – IAEA Director General Statement on Situation in Ukraine

    Source: International Atomic Energy Agency – IAEA

    Today’s scheduled rotation of the International Atomic Energy Agency (IAEA) team currently based at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) was cancelled as a result of intense military activity in the region, Director General Rafael Mariano Grossi said.

    Despite written assurances received from both sides that the planned rotation could take place safely, the situation proved to be too dangerous for the teams to continue and the mission was aborted.

    “I deeply regret today’s cancellation of the carefully prepared and agreed rotation of our staff, who are carrying out vital work in very challenging circumstances to help prevent a nuclear accident during the military conflict. It is completely unacceptable that the safety of our staff is jeopardised in this way,” Director General Grossi said.

    “As a result of these extremely concerning events, I am in active consultation with both sides to guarantee the safety of our teams and to secure the continued presence of the IAEA at the Zaporizhzhya Nuclear Power Plant to enable our staff to continue their indispensable mission, helping to maintain nuclear safety and security,” he said.

    MIL Security OSI

  • MIL-OSI USA: Tillis Leads Resolution Calling on NATO Members to Meet Defense Spending Commitments for Leadership Roles

    US Senate News:

    Source: United States Senator for North Carolina Thom Tillis

    WASHINGTON, D.C. – Today, Senators Thom Tillis (R-NC), Jim Justice (R-WV), John Cornyn (R-TX), Tim Sheehy (R-MT), Mike Lee (R-UT), Steve Daines (R-MT), and Shelley Moore Capito (R-WV) introduced a resolution that expressed the view that, to maintain leadership roles within NATO and continue receiving benefits from NATO, Allies must now, at a bare minimum, meet the current required commitment with an eye towards likely increases in burden sharing to come. 

    In 2006, NATO Defense Ministers agreed to commit at least two percent of their Gross Domestic Product (GDP) to defense spending to ensure the Alliance’s military readiness. This resolution asserts that countries not meeting this goal should be excluded from holding leadership positions within NATO or hosting significant NATO events, including summits or foreign ministers’ meetings. Additionally, it calls for members to either meet the two percent commitment or have a plan to do so by the NATO Summit in The Hague in June 2025.

    “Given the increased aggression from Russia in Ukraine, provocations from China, and other rising threats, it is crucial that our partner nations not only meet but exceed the current defense spending goals,” said Senator Tillis. “The existing two percent commitment is the bare minimum necessary. We must aim for higher targets, such as the proposed five percent from President Trump, to bolster and strengthen NATO.”

    “Conflicts in Europe and the Middle East and tensions in the Indo-Pacific threaten our global stability and security,” said Senator Cornyn. “It’s critical for NATO nations to honor their commitments to spend two percent of their GDP on national defense, ensuring military readiness within the NATO alliance.”

    “Thanks to President Trump’s leadership, many of our European allies are finally pulling their weight when it comes to defense spending,” said Senator Daines. “However, the world remains dangerous and it’s time for the remaining European countries to step up. Raising defense spending is an important part of deterrence and the time to act is now.”  

    Full text of the resolution is available HERE.

    MIL OSI USA News

  • MIL-OSI USA: Sens. Moran, Hoeven & Rep. Mann Introduce Legislation to Move Food for Peace Program to USDA

    US Senate News:

    Source: United States Senator for Kansas – Jerry Moran

    WASHINGTON – U.S. Senators Jerry Moran (R-Kan.) and John Hoeven (R-N.D.) – members of the Senate Committee on Agriculture, Nutrition, and Forestry – joined Representatives Tracey Mann (KS-01), Rick Crawford (AR-01), Dan Newhouse (WA-04), David Rouzer (NC-07) and House Agriculture Committee Chairman G.T. Thompson (PA-15), in introducing legislation to move the administration of the Food for Peace Program from the U.S. Agency for International Development (USAID) to the U.S. Department of Agriculture (USDA).

    For the past 70 years, American farmers have helped combat international hunger through Food for Peace, feeding more than 4 billion people in more than 150 countries.

    “Kansas has a long history of providing food to the hungry beginning with a Kansas farmer suggesting the U.S. provide surplus grain to countries in need, to President Eisenhower establishing the resulting humanitarian aid program, to Senator Bob Dole expanding Food for Peace, to the farmers who grow the crops that feed the world,” said Sen. Moran. “As part of an ongoing effort to save money and increase efficiency, Food for Peace should be moved to the U.S. Department of Agriculture. By moving this program closer to the producers who grow these crops, we can help reduce waste and make certain our farmers have access to this valuable market. Food stability is essential to political stability, and our food aid programs help feed the hungry, bolster our national security and provide important markets for our farmers.”

    “Our nation’s farmers and ranchers are the best in the world and work hard to provide food and fuel not only for our nation, but those in need across the globe,” said Sen. Hoeven. “The U.S. Department of Agriculture already administer U.S. farmer-based food aid programs and it only makes sense that USDA would oversee the Food for Peace program, as well.”

    “President Trump made a promise to the country to cut wasteful spending, reduce overbearing federal bureaucracy, and to ensure every taxpayer dollar was spent wisely and responsibly,” said Rep. Mann. “I applaud President Trump for upholding that promise and reviewing our federal spending line by line to root out waste, fraud, and abuse while ensuring programs like Food for Peace are in line with his mission and vision. For 70 years, Kansas and American farmers have played an active role in sending their commodities to feed malnourished and starving populations around the world. This free gift from the American people is more than food. It’s diplomacy and feeds the most vulnerable communities while helping them recognize the freedom, prosperity, and good America can establish across the globe. By moving Food for Peace to USDA, the program can continue to equip American producers to serve hungry people while providing more transparency and efficiency as to how taxpayer dollars are stewarded. I will continue to work with the Trump Administration to uproot wasteful spending while ensuring America can continue to be the beacon of hope and freedom we are to the rest of the world.”

    “Food for Peace is a critical program for American farmers and has a proven track-record of successfully feeding people all over the world,” said Rep. Crawford. “I am encouraged by the Trump Administration taking a fresh look at how we provide foreign assistance, including Food for Peace. I believe a move from USAID to USDA would make program administration more efficient and more in-line with America’s priorities. USDA already runs two international food assistance programs that deal with in-kind food donations, Food for Progress and the McGovern-Dole Food for Education program. This makes USDA a natural home for Food for Peace.”

    “The Food for Peace program plays a critical role in helping prevent starvation in places around the world that need it most, while also providing American farmers additional market opportunities,” said Rep. Newhouse. “Moving this program from USAID to USDA allows a commodity-focused agency to manage and execute the program’s mission while ensuring accountability that funds will be spent responsibly. America must continue to be a global leader in the fight against hunger.”

    Last week, Sen. Moran urged Secretary of State Marco Rubio to quickly ship and distribute the American-grown food that was stalled in ports and warehouses in the U.S. and around the world as a result of the State Department’s pause on international assistance. Nearly $560 million worth of American-grown food was at risk of spoiling. On February 8, the State Department provided notices to participating aid organizations to resume shipping and distribution of the stalled American-grown food aid.

    Statements of Support:

    “Kansas farmers take great pride in Food for Peace and the impact the program and American commodities have had on feeding the world,” said Chris Tanner, president of Kansas Association of Wheat Growers. “Moving Food for Peace to USDA would continue to provide the needed relief for people in need. Thank you to Senator Moran and Congressman Mann for leading the way on this issue.”

    “Kansas-grown sorghum is a critical crop for food security in America and abroad,” said Adam York, CEO of Kansas Sorghum Producers Association. “Throughout changes in administrations, sorghum farmers have worked to have a seat at the table in international food programs housed across many agencies to ensure America’s farmers can contribute to our national security. We recommend policy makers continue prioritizing American agriculture as a solution to challenges in domestic and foreign policy.”

    “National Sorghum Producers supports this legislation that would move U.S. food aid programs under the U.S. Department of Agriculture—a move that makes sense and would ensure the long-term viability and success of these programs by continuing to provide a critical market for American sorghum farmers and the ability to move grain from our fields to the hands of those in need around the world,” said Amy France, chairwoman of National Sorghum Producers.

    “U.S. soybeans play an important role in addressing global hunger,” said Caleb Ragland, president of the American Soybean Association. “Soybeans are the only plant-based protein that provides all nine amino acids essential for human health, and our farmers have been proud to support international food assistance programs. ASA strongly supports efforts to protect these programs and to ensure U.S. grown commodities continue to feed vulnerable populations around the globe. We thank Representative Mann and Senator Moran for their leadership on this important issue.”

    “Our nation’s millers take great pride in feeding those facing famine emergencies around the world,” said Kim Z Cooper, Vice President of Government Affairs for the North American Millers’ Association. “Our flagship emergency food aid program Food for Peace not only helps those abroad, but is a critical component of Buy American and America First policies. We applaud Representatives Mann (R-KS), Thompson (R-PA), Crawford (R-AR), Newhouse (R-WA), Rouzer (R-NC), and Senators Moran and Hoeven for introducing legislation that would allow Food for Peace to operate under USDA, and reinstate this critical, life-saving program.”

    This legislation is also supported by the U.S. Dry Bean Council, National Sorghum Producers, U.S. Wheat Associates, National Association of Wheat Growers, The Midwest Dry Bean Coalition, North Central Bean Dealers Association, Northarvest Bean Growers Association, National Corn Growers Association, American Soybean Association, USA Rice, U.S. Peanut Federation, American Farm Bureau Federation and the International Dairy Foods Association.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Government unveils plans for next generation of new towns

    Source: United Kingdom – Government Statements

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    • Over 100 sites across England have come forward to be considered for next generation of new towns
    • Government on track to create beautiful communities, provide affordable homes, and deliver much needed infrastructure, including schools and nurseries, GP surgeries, and bus routes 
    • By taking on the blockers, 20,000 homes, along with new schools and health facilities, will move forward following government action, and we will now turn to unblock the remaining 700,000 homes across 350 sites 
    • Comes as government rolls out major planning reforms to sweep away the blockers and push through its housebuilding agenda as part of the Plan for Change

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    Visiting a housing development today, the Prime Minister will unveil the government’s plans for the next generation of new towns – well-designed, beautiful communities with affordable housing, GP surgeries, schools and public transport where people will want to live. 

    Over 100 proposals from across every region in England were submitted, showing local areas and housebuilders’ ambition to get on board to build the next generation of new towns – playing their part in getting Britain building and tackling the worst housing crisis in living memory. Every new town will have the potential to deliver 10,000 homes or more. 

    Delivering security is central to this government’s Plan for Change, because the least working people deserve when they graft hard is a secure home. That’s why the government is providing much-needed housing in the right places with the right infrastructure, and the New Towns Taskforce has today set clear principles on what the next generation of new towns will deliver: affordable housing, vital infrastructure and access to open green spaces and nature, to transform the lives of working people. 

    Prime Minister Keir Starmer said:

    For so many families, homeownership is a distant dream. After a decade of decline in housebuilding, the impact is a disconnect between working hard and getting on.

    This is about more than just bricks and mortar. It’s about the security and stability that owning your own home brings. I know what this means for working people – the roof above our head was everything for our family growing up. 

    We’ve already made progress in just seven months, unblocking 20,000 stuck homes. But there’s more to do.

    We’re urgently using all levers available to build the homes we need so more families can get on the housing ladder. We’re sweeping aside the blockers to get houses built, no longer accepting no as the default answer, and paving the way for the next generation of new towns.

    As part of the largest housebuilding programme since the post-war era, our ambitious Plan for Change will transform the lives of working people, once again connecting the basic principle that if you work hard, you should get on.

    Deputy Prime Minister and Secretary of State for Housing, Angela Rayner said:  

    Time and again we are seeing too many new homes stuck or stalled that not only act as a barrier to growth but also has real-world consequences for working people and families who see homeownership as nothing more than a distant dream.  

    I will not run away from the tough choices to fix the housing crisis we inherited that has left thousands of families on housing waiting lists, allowed homelessness to spiral out of control, and stopped an entire generation from picking up the keys to their first home.  

    While our vision for the next generation of new towns is setting the stage for a housebuilding revolution in the years to come, urgent action is needed now to build the homes and infrastructure that our local communities are crying out for. That’s why our New Homes Accelerator is working at pace to find solutions and remove blockages in the system, executing long-lasting solutions to get spades in the ground.  

    Today we are embarking on the next chapter in our Plan for Change to build 1.5 million new homes, deliver the biggest boost in social and affordable housing in a generation, and raise living standards for working people and families across the country.

    For far too long, working people have been let down by a decline in housebuilding. That’s why the government is rolling up its sleeves and is taking on the blockers with major reforms to planning regulation to get Britain building. 

    That work is already underway, with a staggering 20,000 new homes now successfully unblocked by the government’s novel ‘New Homes Accelerator’ programme, which deploys planning expertise to speed up the delivery of housing sites held by unnecessary delays.  

    Areas that have already benefitted from direct government action include:

    • Over 1,000 homes unlocked at Cowley Hill in Liverpool, where an agreement has been reached with the Environment Agency who withdrew its previous objections on both flood risk and biodiversity grounds, subject to planning.
    • And at Wolborough in Devon, the Accelerator has worked with Natural England to help accelerate this development, whilst ensuring environmental improvements are secured. On top of the 1,100 homes the site is injecting £1.75 million towards off-site pedestrian and cycle improvements, playing pitches, bus services and a local travel plan.  

    Housebuilders and local councils have put forward over 350 housing development sites stuck in the system under the previous government – that together could unlock around 700,000 new homes.

    Around a quarter of sites submitted are already receiving government attention since the call for evidence closed in October – demonstrating success of the programme, and local ambition to support the government’s 1.5 million homes target.

    This goes hand-in-hand with government action to overhaul the planning system, supporting the builders and not the blockers, taking the brakes off economic growth, raising living standards, and making the tough decisions to deliver for working people and families. 

    This includes:

    • Publishing a new growth-focused National Planning Policy Framework, which introduced new mandatory for councils to deliver the right homes in the right places, with a combined total of 370,000 homes a year.
    • Introducing the Planning and Infrastructure Bill next month. The Bill will overhaul environmental regulations to no longer accept the failed status quo where bats are more important than trains or newts more important than homes, and remove blockers to fast-track delivery of the homes and infrastructure that local communities need.    

    To get Britain building now – the government today announces plans to fast stream planning through brokering disagreements between the agencies and expert bodies, which by law must be consulted within the planning process. Bodies including National Highways, Natural England and the Environment Agency will need to bring planners and housebuilders to the table and iron out concerns that have been holding back development.

    Responding to sector concerns on pinch points, work stepping up with the Building Safety Regulator to ensure greater timeliness and efficiency when new tall buildings are signed off – to provide more homes for more people.

    This work will be bolstered by extra government funding announced today, including:  

    • £1 million for government agencies, including National Highways, Natural England and the Environment Agency, to speed up the planning approval of new homes and improve feedback to local authorities and industry where required.

    • £2 million to support the Building Safety Regulator to continue improving the processing for new-build applications.

    • Over £3 million of grants for local councils to bolster planning capacity, alongside direct advice and navigate through some of the more complex issues holding up new development.   

    Alongside the Accelerator, the government is also supporting local partners through a clearing service to help accelerate the sale of uncontracted and unsold affordable homes, with nearly 300 housebuilders, local councils and registered providers signing up in the first 50 days of its launch.   

    In December, the government set a clear hierarchy of brownfield first, grey belt second and green belt third. Today, further funding is being injected to drive regeneration and brownfield deliver in the following areas:  

    • £20 million to help transform neglected small-scale council-owned sites into new homes, for areas most in need.

    • Nearly £30 million from the Brownfield Infrastructure and Land Fund in Bradford to transform derelict brownfield sites into a vibrant residential area with 1,000 new homes, three community parks, shops, cafés, restaurants, and offices.

    • £1.5 million to support a regeneration programme at Manchester Victoria North, delivering a new district of 15,000 homes with transport links and green spaces.   

    Getting homes built for working people is a priority and is backed by investment in housing which is increasing to £5 billion for this year, including a top-up of £800 million being injected into the existing Affordable Homes Programme to help deliver tens of thousands of new affordable and social homes across the country.   

    This is in addition to an extra £100 million of cash to bolster local resources with increased planning fees to cover costs and funding to recruit 300 planning officers, making sure councils have the capacity they need to rubberstamp new homes and infrastructure.

    Updates to this page

    Published 13 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New industry bonus opens to support good jobs and low carbon manufacturing factories

    Source: United Kingdom – Government Statements

    Industrial heartlands and coastal areas will receive a major economic boost as the government backs renewable energy firms investing in industrial communities.

    • Government launches new investment to support clean energy manufacturing, and highly skilled jobs in industrial towns and cities
    • offshore wind developers can now bid for financial support if they drive investment in UK’s most deprived regions, build low carbon factories, or support net zero supply chains
    • the bonus will kickstart growth and support good jobs – delivering the mission to become a clean energy superpower through the government’s Plan for Change

    Industrial heartlands and coastal areas will receive a major economic boost as the government backs renewable energy firms investing in industrial communities – backing good jobs through the government’s Plan for Change

    The application window has opened for the Clean Industry Bonus, which provides financial support for offshore wind developers, on the condition they prioritise their investment in areas that need it most, including traditional oil and gas communities – supporting highly skilled jobs such as engineers, electricians or welders.

    The support also rewards developers who build more sustainable low carbon factories, offshore wind blades, cables and ports to reduce industrial emissions across the clean energy supply chain.

    By encouraging developers to use less polluting suppliers, the bonus will help tackle the climate crisis while also addressing supply chain blockages in renewable technologies driven by Russia’s invasion of Ukraine – supporting industry on the transition to clean, secure, homegrown energy that Britain controls.

    The UK produces more offshore wind than any other European country, making it the backbone for plans to deliver a clean power system by 2030 and become a clean energy superpower. This bonus will help accelerate the drive for clean power – incentivising developers to build the infrastructure the country needs to end reliance on unstable fossil fuel markets and help keep energy bills down for good.   

    Since July, the government has seen £34.8 billion of private investment into UK’s clean energy industries. In November, the government launched its carbon capture and storage industry supporting 4,000 jobs in the North West and Teesside. ScottishPower awarded a £1 billion turbine contract for its East Anglia TWO offshore windfarm to Siemens Gamesa, including blade production at its Hull blade factory – the company employ over 1,300 people in Humberside.

    Energy Secretary Ed Miliband said:   

    We are backing our proud manufacturing, coastal and oil and gas communities with good jobs, skills and private sector investment – delivering on the government’s Plan for Change.

    This is our clean energy superpower mission in action, kickstarting growth, delivering energy security and transforming towns and cities as part of the transition – from the ports of Nigg and Leith to the manufacturing hubs of Blyth and Hull. 

    Steve Foxley, Chief Executive of the Offshore Renewable Energy (ORE) Catapult, said: 

    This news is an important signal from government to industry of intent to grow our offshore wind sector in a way that benefits both our climate and our economy, supporting expansive regional job creation and bolstering national energy security.  

    Alongside innovating to develop next-generation technologies, delivering the right levels of future deployment and fulfilling the ambitions of the Industrial Growth Plan for offshore wind, it will drive up confidence in our ability to secure the clean investments we need in the years to come.

    Dan McGrail, CEO of RenewableUK, said:  

    The offshore wind industry already employs over 34,000 people in the UK, but there’s an opportunity to treble this number by the end of the decade if we grow the sector’s supply chain. Government initiatives like the Clean Industry Bonus, coupled with industry initiatives to support innovation and the upcoming Industrial Strategy, could drive hundreds of millions of pounds of private investment into new manufacturing. 

    Whilst we’re right to focus on securing investment in manufacturing new turbine foundations, blades and cables, we shouldn’t forget that there are also thousands of jobs in the construction and maintenance of wind farms too. You can go to places across the country like Grimsby and Great Yarmouth and Buckie on the Moray Firth and see boats full of engineers ensuring our wind farms operate at maximum efficiency. 

    Dhara Vyas, Energy UK, Chief Executive, said:  

    Offshore wind is set to become the backbone of a decarbonised power system. To build an industry that is resilient to supply chain challenges, we need a framework that supports sustainable deployment, while fostering investment in the UK’s industrial heartlands. 

    The Clean Industry Bonus will help to unlock economic growth, create job opportunities, and maintain the UK’s position as a global leader in offshore wind. 

    Alongside the development of a broader industrial strategy, the Clean Industry Bonus will play an important role in strengthening the Contracts for Difference mechanism. Clarity will be critical in ensuring we can deliver Allocation Round 7, which is likely to be the single most important auction to achieving the Clean Power goal.

    The UK is already home to the world’s first floating offshore wind farm and has the highest deployment of offshore wind in Europe. As a result, the UK’s offshore wind industry is supporting thousands of highly skilled jobs across the country. 

    This latest boost for renewable developers comes after the government delivered the most successful renewables auction round in history last year, securing contracts for Europe’s largest and second largest offshore wind farm projects. 

    The bonus will come with an initial £27 million per gigawatt of offshore wind projects. That means if developers commit to 7-8 GW of offshore wind, up to £200 million of funding could be made available. 

    Funding will be allocated competitively with the results announced by the Energy Secretary in the summer.

    Notes to editors

    The Clean Industry Bonus will apply to all offshore wind projects bidding for funding through this year’s renewable energy auction, Allocation Round 7 of the Contracts for Difference scheme, which is the main mechanism for securing clean energy infrastructure for Britain. September’s auction secured 5 GW for offshore wind, enough to power the equivalent of around 8 million homes.

    The funding will come through the government’s Contract for Difference mechanism. The scheme is designed to protect billpayers from high costs with the lowest price bids successful, ensuring value for money.

    Updates to this page

    Published 13 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: expert reaction to study looking at hormonal contraceptives and stroke and heart attack risk

    Source: United Kingdom – Executive Government & Departments

    A study published in the BMJ looks at hormonal contraceptives and the risk of heart attacks and strokes.

    Dr Sonya Babu-Narayan, Clinical Director at the British Heart Foundation and consultant cardiologist, said:

    “You shouldn’t be overly alarmed by these findings if you are using or considering starting hormonal contraception.  The additional risk of heart attack and stroke is very low for the vast majority – it’s equivalent to one extra heart attack for every 10,000 women using hormonal contraception for a year.  And pregnancy itself also increases your risk of developing blood clots, stroke and heart attack.

    “When considering hormonal contraception options, you will be able to discuss the risks and benefits with your GP so that you can make an informed decision about what is best for you.  This could include discussion and management of your existing cardiovascular risk factors like high blood pressure, diabetes, smoking, or if you are living with obesity.

    “The study lends weight to previous evidence of an association between hormonal contraception use and a small increase in the number of heart attacks and strokes.  The researchers made use of a wealth of long-term electronic healthcare information from over 2 million people in Denmark – this scale and breadth makes the findings more reliable and complete than previous studies and enables study of even rare complications like these.

    “However, the study is observational so it can’t prove cause and effect, and there may be other factors at play driving the links seen that aren’t sufficiently accounted for.

    “This latest study supports the current practice of recommending the option of a progestin intrauterine device – the hormonal coil – for those already living with high cardiovascular risk, as this wasn’t linked to more heart attacks and strokes.”

    Dr Becky Mawson, NIHR Clinical Lecturer in Primary Care, and GP with special interest in sexual and reproductive health, University of Sheffield, said:

    “Please do not stop using contraception based on this study!  The risk of stroke and heart attack in pregnancy and postnatal period is significantly higher than the risks reported in this study for contraceptives.  For those using contraceptives for treatment of health conditions, the slightly increased risk needs to be balanced with the benefit in quality of life for those suffering debilitating gynaecological and hormonal conditions.

    “Saying that, if you have other risk factors for strokes and heart disease, then it is worth discussing with your healthcare team to look at the safest options like the hormonal coil.  This observational study looks at relationships in data, not causes.  It adds to previous studies within the same database looking at increased blood clot risk.

    “While it remains true as it has done for years that we need to find better, risk-free alternatives to prevent pregnancy, in my view this study hasn’t changed that and should not cause alarm but does add to growing knowledge in this area.”

    Dr Clare Arnott, Conjoint Associate Professor, Cardiologist and Head of Cardiovascular Program, The George Institute for Global Health, and UNSW Sydney, said:

    “This is an interesting, timely and important study.  It is wonderful to see sex-specific cardiovascular risk factors given appropriate attention in medical research.

    “The study identified twice the risk of stroke and heart attack in those exposed to the combined oral contraceptive pill (and around 1.5x the risk for progestin only formulations).  Interestingly, while risk was also increased for the combined vaginal ring and patch (with relative risks higher with these preparations), no increased risk was observed for the progestin-only IUD.  Also of note, and clinical relevance, duration of use did not appear to impact risk.

    “While these relative risks are important, particularly at a public health/population level, it should be noted that absolute risk remains low in this patient population of young women.  It is also important to note that this study excluded women with a history of arterial thrombosis – a high risk group, and thus these results cannot be extrapolated to that population.

    “The study is strengthened by a large cohort size, which is nationally representative, long patient follow up period, and is adequately powered with respect to the number of events recorded.  Of course, as the authors rightly acknowledge, this is observational research, and correlation is not the same as causation.

    “Nonetheless, it is valuable information that should be routinely communicated to women to allow them, in conjunction with their healthcare provider, to make informed decisions about their health.  These data are also very important at a public health/ population level given the >200 million women worldwide using hormonal contraception, and thus public health clinicians and policy makers should take note.”

    Prof Angela Clerk, Professor of Biomedical Science, University of Reading, said:

    “The study appears to be comprehensive and rigorous, representing the whole of the Danish population.  There should be some caution in extrapolating to other populations with different ethnicities, since genetic background and cultural variation could affect cardiovascular risk, and some ethnicities not fully covered by the Danish population could have greater vulnerability.

    “This is clearly an important study but, while the focus is on the potential negative effects of contraception on cardiovascular risk, it is also clear that any increase in risk is actually very small.  This emphasises the overall safety of the drugs, particularly when balanced against the negative effects of unwanted pregnancies resulting from a lack of contraception.  Yes, there should be informed choice of the type of contraception, but perhaps lifestyle choices need to take greater precedence.  Though I am past that stage, this study would not stop me from using any of these forms of contraception over not using one and facing an unplanned pregnancy.”

    Dr Channa Jayasena, Consultant in Reproductive Endocrinology, Imperial College London, said:

    “Contraceptive medication is a vital healthcare option, which offers lower chances of accidental pregnancy compared with barrier contraceptive methods.  Contraceptives work by using high doses of female hormones like oestrogen and / or progesterone to temporarily ‘switch off’ the ovaries and womb.  Oestrogen is a ‘sticky’ hormone because it makes blood more likely to clot.  It is well-known that The Pill increases blood clot risk.  Increased blood clot risk increases risks of related problems like stroke and heart attack.  The current study helps to define the risks of different types of contraceptive medication.

    “The study is well designed because looks at health records from 2 million women of reproductive age living in Denmark.  The authors were careful to adjust for factors which might have affected the results.  The findings confirm that The Pill is associated with increased risks of stroke and heart attack.  Observational studies like this one cannot conclude that the Pill has caused stroke and heart attack; but our prior knowledge of how the pill works makes this likely.

    “My biggest criticism is the way that the results are presented.  Only 3 per 1000 women were affected by a stroke or heart attack; the risk among those on the pill was about 6-10 per 1000.  The absolute risk of having a stroke or heart attack on The Pill is still very low.

    “Women should take away the importance of smoking cessation, healthy eating, and exercise to minimise the (small) increased risk of stroke or heart attack associated with being on the pill.  Women who have high risks of stroke or heart attack that cannot be reduced should strongly consider a hormonal coil, because of its lack of associated increased stroke or heart attack risk.”

    ‘Stroke and myocardial infarction with contemporary hormonal contraception: real-world, nationwide, prospective cohort study’ by Harman Yonis et al. was published in the BMJ at 23:30 UK time on Wednesday 12 February 2025.

    DOI: 10.1136/bmj-2024-082801

    Declared interests

    Dr Sonya Babu-Narayan: “No conflicts of interests to declare.”

    Dr Becky Mawson: “Current project with South Yorkshire Digital Health Hub – The Hormone Effect – developing an app to collect data on side effects of contraception.

    Research lead (unpaid and no financial benefits) – The Lowdown Women’s Health Platform.”

    Dr Clare Arnott: “None to declare.”

    Prof Angela Clerk: “I no conflict of interest under any of the categories below with respect to industry funding.  I have no conflict of interest with any of my own research under these categories either.  I am a woman, however.”

    Dr Channa Jayasena: “No conflicts to declare.”

    MIL OSI United Kingdom

  • MIL-OSI Russia: Five best articles in Russian for 12.02.2025

    MIL Analysis : Here are the top five Russian language articles published today. The analysis consists of five articles that are prioritized at the moment.

    Today’s analysis shows economic productivity and the hot topic of cybersecurity of citizens from fraudsters.

    Rosneft is expanding contactless fuel payment and has already introduced this system at gas stations in Khakassia. The Moscow subway held the first training sessions with guide dogs this year, 12 future service dogs started their training. Also, free cyber sports tournaments will be held in Moscow, in which everyone can take part.

    You can read one of the articles below.

    1. Financial news: February 14 at 15:00 will be held a press conference on the results of the meeting of the Board of Directors on monetary policy.

    The event will be attended by the Chairman of the Bank of Russia Elvira Nabiullina and Deputy Chairman of the Bank of Russia Alexei Zabotkin.

    Elvira Nabiullina will make a statement on monetary policy and medium-term forecast.

    2. Financial news: Interview with German Zubarev “Komsomolskaya Pravda”.

    “Safe accounts” to save money does not exist

    One hundred million rubles. That’s how much financial fraudsters swindle from Russians every day. And this is only official data. Last year, the law that will allow to limit the losses started to work. Cellular operators block suspicious numbers, banks suspend payments and freeze accounts. But criminals still find the keys to our piggy banks.

    3. “Rosneft” introduced contactless fuel payment services at its filling stations in Khakassia.

    “Rosneft continued joint work with the Yandex Fueling Service to expand the geography of contactless fuel payment. The service became available at all Rosneft filling stations in the Republic of Khakassia. It is already possible to refuel a car using the mobile application at 95% of the network’s stations in almost all regions where the Company operates.

    4. Moscow Metro held the first classes with guide dogs this year.

    Moscow Metro

    The Moscow Metro held the first training sessions with guide dogs this year, with 12 future service dogs starting their training.

    Since 2014, more than 400 guide dogs have been trained in the subway under the guidance of inspectors from the Passenger Mobility Center and specialists from the Guide Dog Training School of the All-Russian Society for the Blind.

    5. “Moscow cybersport”: free online tournaments begin in the capital.

    Free online cybersport tournaments are starting in Moscow. During 2025 at least 135 online competitions will be held on the cybermos.ru platform. The first meetings are scheduled for February 14-16.

    Learn more about MIL’s content and data services by visiting milnz.co.nz.

    Regards MIL!

    MIL OSI Russia News

  • MIL-OSI Global: The Paris summit marks a tipping point on AI’s safety and sustainability

    Source: The Conversation – Canada – By Robert Diab, Professor, Faculty of Law, Thompson Rivers University

    United States Vice President JD Vance made headlines this week by refusing to sign a declaration at a global summit in Paris on artificial intelligence.

    In his first appearance on the world stage, Vance made clear that the U.S. wouldn’t be playing ball. The Donald Trump administration believes that “excessive regulation of the AI sector could kill a transformative industry just as it’s taking off,” he said. “We’ll make every effort to encourage pro-growth AI policies.”

    His remarks confirmed a widespread fear that Trump’s return to the White House will signal a sharp turn in tech policy. American tech companies and their billionaire owners will now be shielded from effective oversight.

    But upon a closer look, events this week point to signs that just the opposite may be unfolding. A host of nations took notable steps towards address growing safety and environmental concerns about AI, indicating that a regulatory tipping point has been reached.

    Prime Minister Justin Trudeau delivered the keynote address at the AI Action Summit in Paris, France.

    Wide consensus

    The two-day global summit in Paris, chaired by France and India, led to broad consensus. Some 60 countries signed on to a Statement on Inclusive and Sustainable AI. This included Canada, the European Commission, India and China.

    Both the U.S. and the United Kingdom declined to sign on. But the prevailing winds are against them.

    The meeting in Paris was the third global summit on AI, following meet-ups at Bletchley Park in the U.K. in 2023 and in Seoul, South Korea, in 2024. Each of them ended with similar declarations widely endorsed.

    The Paris communiqué calls for an “inclusive approach” to AI, seeking to “narrow inequalities” in AI capabilities among countries. It encourages “avoiding market concentration” and affirms the need for openness and transparency in building and sharing technology and expertise.

    The document is not binding. It does little more than tout principles, or affirm a collective sentiment among the parties. One of these — perhaps the most important — is to keep talking, meeting and working together on the common concerns that AI raises.

    Environmental challenges

    Meanwhile, a smaller group of countries at the Paris summit, along with 37 tech companies, agreed to form a Coalition for Sustainable AI — setting out a series of goals and deliverables.

    While nothing is binding on the parties, the goals are notably specific. They include coming up with standards for measuring AI’s environmental impact and more effective ways for companies to report on the impact. Parties also aim to “optimize algorithms to reduce computational complexity and minimize data usage.”

    Even if most of this turns out to be merely aspirational, it’s important that the coalition offers a platform for collaboration on these initiatives. At the very least, it signals a likelihood that sustainability will be at the forefront of debate about AI moving forward.




    Read more:
    AI is bad for the environment, and the problem is bigger than energy consumption


    Signing the first international treaty on AI

    A further notable event at the summit was that Canada signed the Council of Europe’s Framework Convention on Artificial Intelligence and Human Rights, Democracy and the Rule of Law. In recent months, 12 other countries had signed, including the U.S. (under former president Joe Biden), the U.K., Israel and the European Union.

    The convention commits parties to pass domestic laws on AI that deal with privacy, bias and discrimination, safety, transparency and environmental sustainability.

    The treaty has been criticized for containing no more than “broad affirmations” and imposing few clear obligations. But it does show that countries are committed to passing law to ensure that AI development unfolds within boundaries — and they’re eager to see more countries do the same.

    If Canada were to ratify the treaty, Parliament would likely revive Bill C-27, which contained the AI and Data Act.




    Read more:
    The federal government’s proposed AI legislation misses the mark on protecting Canadians


    The act aimed to do much of what Canada agrees to do under the convention: impose greater oversight of the development and use of AI. This includes transparency and disclosure requirements on AI companies, and stiff penalties for failure to comply.

    What does this really mean?

    While the U.S. signed the convention on AI and human rights, democracy and rule of law in the fall of 2024, it likely won’t be implemented by a Republican Congress. The same might happen in Canada under a Conservative government led by Pierre Poilievre. He could also decide not to fulfil commitments made under other agreements about AI.

    And if Poilievre comes to power by the time Canada hosts the next G7 meeting in June, he might decline to honour the Trudeau government’s commitment to make AI regulation a central focus of the meeting.

    The Trump administration may have ushered in a period of more lax tech regulation in the U.S., and Silicon Valley is indeed a key player in tech — especially AI. But it’s a wide world, with many other important players in this space, including China, Europe and Canada.

    The events in Paris have revealed a strong interest among nations around the globe to regulate AI, and specifically to foster ideas about inclusion and sustainability. If the Paris summit was any indication, the hope of sheltering AI from effective regulation won’t last long.

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

    ref. The Paris summit marks a tipping point on AI’s safety and sustainability – https://theconversation.com/the-paris-summit-marks-a-tipping-point-on-ais-safety-and-sustainability-249706

    MIL OSI – Global Reports

  • MIL-OSI United Nations: Policies to Bolster Social Resilience in Context of More Frequent, Complex Crises among Topics Discussed, as Commission for Social Development Continues Session

    Source: United Nations General Assembly and Security Council

    During one of two round-table discussions held today by the Commission for Social Development, panelists emphasized the importance of governance, preparedness and investment in human capital to strengthen “social resilience” — the ability of individuals and societies to prevent, absorb, adapt and recover positively from crises.

    The Commission — established in 1946 by the Economic and Social Council as one of its functional commissions — advises the United Nations on social development issues, and its sixty-third session will run through 14 February.

    The first panel discussion, titled “Policies to bolster social resilience in the context of more frequent and complex crises”, featured presentations that together offered a comprehensive understanding of the multidimensional nature of resilience and the policy actions needed to reinforce it.

    “The sixty-third session of the Commission for Social Development comes at a pivotal time as we reflect on the legacies of the World Summit for Social Development held three decades ago in Copenhagen,” said Moderator Angela Kawandami, Permanent Secretary at the Ministry of Community Development and Social Services of Zambia.  While the principles of social inclusion, poverty eradication and equity remain as vital as possible, the global landscape has transformed significantly, presenting new and compounding challenges that demand urgent and innovative solutions today, she said, adding that crises — more frequent, interconnected and complex, spanning geopolitical, economic, health and environmental spheres — are testing the resilience of societies and institutions.

    Meir Bing, Chief Executive Officer at the Open University of Israel, presented a case study of building resilience in minority populations in his country, where the number of minority students in higher education more than doubled in the last decade.  He said that a year ago, he was General Director of the Ministry of Social Equality in charge of minorities.  Of the 10 million people in his country, 2 million are religious and ethnical minority groups, including Muslim, Christian and Druze, he said, adding that many of them are young and face socioeconomic challenges.

    He highlighted the three keys to building resilience in vulnerable populations:  fostering trust between Government and social and business sectors; enhancing infrastructure and public services; and creating communities.  Sharing how educational and other infrastructure and socioeconomic projects are expanded in the country’s local communities, he said that the percentage of students from minority groups in bachelor’s degree programmes increased from 10 per cent in 2010 to nearly 20 per cent in 2023.

    Marek Kamiński, explorer and founder of the Kaminski Foundation, said that during his expeditions, he learned that physical strength isn’t enough, stating:  “The real fight happens in the mind, with fear and doubt.  We all need to ask, are we strong enough inside to face the challenges ahead?”  Today’s world needs practical solutions to help people handle crises.  That’s why he created LifePlan Academy, a programme that teaches mental resilience, stress management and how to adapt to challenges.  It’s a practical tool that works in any country with any culture, he said, stressing: “With the right tools and support, anyone can overcome challenges and achieve their goals.”

    Michael Woolcock, Lead Social Scientist in the Development Research Group at the World Bank, said that development policies are as effective as the shared legitimacy they enjoy.  Development policies will struggle, where societal groups despise one another, where elite factions use lies and violence to secure power, where there is little coherence or trust between local and national authority, and where Governments reject international law and covenants to which they are a signatory.  “So all these nice policies that we come up with — unless they can engage with these local contexts and imbue them with the legitimacy they need to do their difficult work — are probably going to struggle,” he said.

    Obiageli Ezekwesili, President of Human Capital Africa, founder of the School of Politics Policy and Governance, and Senior Economic Adviser at the Africa Economic Development Policy Initiative, said that “democracy is in crisis more than it had ever been”.  The power of society to be resilient depends on how everyone feels cared for within society. Today’s democratic processes are exclusionary in many ways.  That’s because the tiny fraction of people who exercise political leadership in many countries have become monopoly democrats.  “We must fix politics,” she said, noting a strong correlation between the quality of politics and economic performance.  “Let’s keep an eye on the United States of America,” she added.

    Michael Woolcock, Lead Social Scientist, World Bank, served as moderator for the second panel, which focused on “Universal rights-based social protection systems that adapt to evolving risks and support social resilience”.  “For our present purposes, we are going to recognize that social resilience refers to the capacity of individuals and societies to prevent, resist, absorb, adapt, respond and recover positively, efficiently and effectively when faced with a wide range of long-term prospects for sustainable development, peace and security, human rights and well-being for all,” he said before commencing the panel discussion.

    Danilo Türk, President of Club de Madrid and former President of Slovenia, stressed the need to make sure that social development is guided in a way that promotes the full realization of human rights.  “This means adopting an approach which anticipates and addresses the vulnerabilities of people,” he went on to stress.  That must include the consequences of climate change and its effect on populations, especially those vulnerable to displacement.  Innovations like digital cash transfers, mobile health services and data driven risk assessment can significantly improve service delivery, particularly for marginalized and remote populations.  Social protection systems must consider the interests of vulnerable segments of societies, particularly women, youth, older people and persons with disabilities.

    Angela Chomba Kawandami, Permanent Secretary at the Ministry of Community Development and Social Services, Zambia, said that social protection systems are central to addressing vulnerabilities, reducing poverty and mitigating the impacts of various risks such as climate change, pandemics and economic crises.  “Social protection systems in Zambia are designed to address both short-term needs and long-term vulnerabilities,” she added.  These systems include cash transfers, food assistance and social insurance schemes.  “The goal is to ensure that individuals, especially those in our rural areas, older persons, persons with disabilities and other vulnerable groups, have access to basic services and support mechanisms,” she emphasized.  Zambia’s social protection programmes aim to reduce vulnerability by providing financial support to households living below the poverty line.  Climate change is also included into Zambia’s protection system as the phenomenon poses an increasing threat with more frequent droughts and floods.

    Héctor Ramón Cárdenas Molinas, Executive Director of the Technical Unit of the Social Cabinet of the President of Paraguay, said that extreme weather events cause major damage and loss.  “Most of them are linked to climate events,” he said, noting their high economic and social impact.  Exposure depends not only on geographic location but also on the development policies and adaptation measures taken to mitigate the risks of climate change.  “It is absolutely essential that we integrate policies and strategies that promote sustainable and resilient development,” he said.  Underscoring other initiatives in health, education and poverty eradication, he said Paraguay aims to ensure that services meet very high standards in terms of efficiency and effectiveness.  “The main challenge remains financing,” he added.

    Edgilson Tavares de Araújo, Ministry of Development and Social Assistance, Brazil, said that Brazil’s social protection system is based on the principles of universality, equity and democracy.  “Since 2023, we have seen a drop of 84 per cent in severe food insecurity, according to a 2024 UN survey,” he added.  With the creation of a global alliance to fight hunger and poverty, Brazil hopes to continue to make progress.  A strong State working with a healthy civil society must be resilient to truly transform society.  “We are increasing our budgetary commitments and broadening our global alliance to combat hunger and poverty,” he went on to say.  Brazil is committed to providing decent employment and “an economy of solidarity” which can help build social resilience.  “Being protected means having someone to rely on,” he added.

    MIL OSI United Nations News

  • MIL-OSI Submissions: Japan’s Expertise in International Assistance: Leveraging Experiences Gained in Southeast Asia to Aid Ukraine -The Shared Future of Asia and Japan

    Source: Japan Connect

    Diplomacy / InternationalAsia & Pacific

    In 2022, Russia invaded Ukraine. The Russian military has continuously been launching missiles and artillery attacks on civilian facilities, causing great damage to the lives of the Ukrainian people. Japan is offering various assistance through public and private endeavors to rebuild lives, drawing on experiences gained through providing aid to countries in Southeast Asia.

    One such example is a water supply aid project. As part of the government’s gratuitous recovery assistance, Japan is sending mobile water purification systems and ready-to-assemble water supply tanks to Ukraine’s cities where water supply networks were destroyed.

    As part of this initiative, Nihon Genryo Co., Ltd., a manufacturer of water treatment systems headquartered in Kawasaki, Kanagawa Prefecture, delivered four Mobile Siphon Tanks, a mobile water purification system, to Ukraine’s capital Kyiv and the southern port city Odesa. The system, developed by Nihon Genryo, does not require filter replacements, which were necessary in previous water purification systems. The company also invited water supply technicians in Kyiv to Japan and conducted training on water purification technology.

    Nihon Genryo has been deeply involved in Southeast Asia. In 1982, it delivered fully automatic dust scrapers to the Bangkhen Water Treatment Plant in Bangkok, Thailand, to help remove impurities and provide safe, treated water. It also delivered Mobile Siphon Tanks to cities in Laos and Vietnam as part of Japan’s Official Development Assistance (ODA) and is training local staff on how to use them. In Laos, the company carried out emergency water supply operations during flood disasters in 2013 and 2020. In the Philippines, it provided drinking water to regions without access to a water supply by using river water. It also carried out emergency water supply operations at the request of the Japanese government in the wake of disasters such as Super Typhoon Haiyan in 2013 and Super Typhoon Rai in 2021. In this way, the company gained extensive experience assisting the lives and lifestyles of people in Southeast Asia, which is now being leveraged to help Ukraine, halfway across the globe in Europe.

    In addition to water supply assistance, Japan also has international experience in providing aid to people with disabilities. Since Russia’s invasion, over 300,000 Ukrainian troops and civilians have become disabled as a result of injuries. However, medical equipment is growing outdated due to a shortage of funds, and providing assistance is an urgent matter. Japan provided rehabilitation equipment and welfare vehicles to 11 facilities in Kyiv Oblast through the Japan International Cooperation Agency (JICA). In December 2024, a commemorative ceremony was held in Kyiv. Ruslan Kravchenko, the governor of Kyiv Oblast, expressed his gratitude, saying, “We thank the Japanese government and its people for their extensive support. This will allow us to greatly improve the conditions for people with disabilities.”

    Japan has also been committed to providing aid to people with disabilities in Southeast Asia. Gratuitous financial assistance was offered to Indonesia, for example, by providing mobile rehabilitation equipment in 1989 and taking part in a project to construct a vocational rehabilitation center for people with disabilities in 1995. In addition to dispatching Japanese specialists and Japan Overseas Cooperation Volunteers (JOCVs) to countries like Thailand and the Philippines, Japan also invites trainees from various countries to Japan through JICA initiatives to help raise rehabilitation standards for people with disabilities.

    Removing landmines is another urgent issue that must be addressed in Ukraine. It is believed that the Russian military may have planted mines in an area of up to 150,000 square kilometers, which amounts to over a fourth of the country’s land. The Japanese government has been engaged in mine clearance efforts in Cambodia for many years. Drawing on this experience, it is offering comprehensive support to Ukraine by providing resources developed by Japanese companies, such as mine detectors, mine removers and systems using artificial intelligence (AI) to identify areas where mines have been planted, in addition to training on how to prevent injuries and offering aid to victims.

    Japan is also working on assisting Ukrainian soldiers and civilians who survived mines but lost their limbs.

    Instalimb, Inc. is a startup company headquartered in Tokyo that utilizes digital technology to create prosthetic legs. The company uses a special scanner to capture the shape of a patient’s leg and creates a 3D-printed prosthetic based on data designed by a prosthetist using software.
    The CEO of the company, Yutaka Tokushima, said in an interview with the Japanese broadcasting network TBS Television, “One (of the merits) is that we can create prosthetics very quickly. Where it usually takes a month, we can do it in a day (at the quickest) and significantly lower the cost. Another merit is that one professional prosthetist can make many prosthetics.” 
    Prosthetic legs cost around 400,000 yen in Japan, but Tokushima says the company can reduce it to one-tenth of that amount.
    Instalimb has its roots in the Philippines. After working at a computer-related company and as a designer of industrial products, Tokushima joined the JOCV program under JICA and was posted to the Philippines in 2012. 
    Later, with support from JICA and the Philippine government, he established a laboratory equipped with a 3D printer and laser cutter for industrial development. After he learned that many people in the Philippines needed prosthetic legs as a result of diabetes, he took on the challenge of developing high-performance yet affordable prosthetics. Over the course of four years, he developed a technology that specialized in creating prosthetic legs using 3D printing. These prosthetics are now available to people in the Philippines who cannot afford conventional ones.

    As he works on creating prosthetics in Ukraine, Tokushima says, “Many people want to recover and rebuild their lives, but they can’t work because they don’t have access to prosthetic legs. So I want to give them hope, first and foremost. Our current mission is to provide prosthetics to each and every person who needs them as we aim for the ultimate goal of helping all the people of Ukraine regain their bright future.” A Japanese company, born in the Philippines, is now striving to help the wounded people of Ukraine.

    Japan is offering aid to Ukraine in a diverse range of fields including infrastructure, education, agriculture, economy, machinery and culture—and much of this expertise comes from the experience Japan gained in Southeast Asia.

    By Akio Yaita
    Journalist. Graduated from the Faculty of Letters at Keio University. After completing his doctorate at the Chinese Academy of Social Sciences, he worked as a correspondent for the Sankei Shimbun in Beijing and as Taipei bureau chief. Author or co-author of many books.

    *The stories and materials above are provided by JIJI.com or AFPBBNews. Feel free to feature these stories in your own media.

    About “Japan Connect”
    Bringing you the latest stories about Japan.
    This new service is provided by AFPBB News, which AFP launched in 2007.

    MIL OSI – Submitted News

  • MIL-OSI USA: Cortez Masto Votes Against Tulsi Gabbard to be Director of National Intelligence

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto voted against the confirmation of Tulsi Gabbard to be the Director of National Intelligence. She also spoke on the Senate floor before the vote to discuss her opposition to Ms. Gabbard, highlighting her repeated justifications of Putin’s illegal war in Ukraine and her statements casting doubt on the U.S. intelligence community’s assessments of the brutal Assad regime in Syria.
    “There should be absolutely no question about the trustworthiness or the judgement of our Director of National Intelligence,” said Senator Cortez Masto on the Senate floor. “The Director of National Intelligence should not sympathize with autocrats, blame our allies for wars of aggression, or parrot Kremlin talking points…I pledge to help keep Nevadans safe by opposing Ms. Gabbard’s confirmation.”

    MIL OSI USA News

  • MIL-OSI USA: Citing National Security Concerns on Senate Floor, Shaheen Announces Opposition to Tulsi Gabbard’s Confirmation

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Washington, DC) – U.S. Senator Jeanne Shaheen, Ranking Member of the U.S. Senate Foreign Relations Committee and a top member of the U.S. Senate Armed Services Committee, took to the Senate floor to underscore her dire national security concerns ahead of the confirmation of Tulsi Gabbard to be the next Director of National Intelligence (DNI). Specifically, Shaheen highlighted Gabbard’s troubling history of siding with America’s adversaries over our own allies and national security interests, detailing the threat her confirmation would pose to U.S. national security and defense. At the conclusion of her remarks, Shaheen announced that she would oppose Gabbard’s nomination. Click here to watch Senator Shaheen’s full floor speech. 
    Key quotes from Senator Shaheen: 
    “Our adversaries will be thrilled if we confirm Tulsi Gabbard as Director of National Intelligence—no one more so than Russian President Vladimir Putin. Ms. Gabbard has not hidden her positive views of Russia and President Putin. While Ukrainians fight valiantly to protect their homeland and defend freedom and democracy, Tulsi Gabbard cozies up to Putin and publicly defends Russia’s brutal invasion.” 
    “I don’t relish the idea of America’s Director of National Intelligence—a role that includes such sensitive responsibilities such as producing the President’s Daily Brief and setting U.S. Policy for intelligence-sharing with foreign entities—I don’t appreciate the fact that she’s called ‘superwoman’ by a mouthpiece for the Kremlin.” 
    “To talk amiably about a brutal dictator who is openly opposed to American interests and human rights, a dictator like Assad, and like Putin for that matter, shows at best a lack of judgement and at worst allegiance to our adversaries.” 
    “I think this chamber faces a choice. We can choose to defend America’s national security and keep our promise to our constituents to protect their lives and safety and their interests or we can choose to give a gift to Vladimir Putin and our adversaries, to usher them into the inner halls of the American intelligence system. I know which choice I intend to make.” 
    Remarks as delivered can be found below: 
    Mr. President, I come up to the floor this afternoon to join a number of my colleagues because of my concern for the national security of the United States. 
                
    Whether it’s a terror attack, a cyberattack from a non-state actor, whether it is a threat in Russia or China or Iran, we in the United States are the targets of foreign adversaries every single day.  
    But thanks to our intelligence community and the thousands of Americans who dedicate their lives to our security, we’re safe.  
    These brave men and women are counting on us to have their backs. 
    Which is why the nomination of Tulsi Gabbard is so concerning.  
    Our adversaries will be thrilled if we confirm Tulsi Gabbard as Director of National Intelligence—no one more so than Russian President Vladimir Putin.  
    Ms. Gabbard has not hidden her positive views of Russia and President Putin.  
    While Ukrainians fight valiantly to protect their homeland and defend freedom and democracy, Tulsi Gabbard cozies up to Putin and publicly defends Russia’s brutal invasion. 
    The former Congresswoman has parroted Russian propaganda saying that the war could have been avoided if NATO and the Biden Administration had simply, and I’m quoting, “simply acknowledged Russia’s legitimate security concerns.” 
    And we know that a nominee is problematic when the Kremlin has such nice things to say about her.  
    On November 17, 2024, a major Russian state-controlled news agency called Tulsi Gabbard “superwoman” and noted her past appearances on Russian TV.  
    Well, I don’t relish the idea of America’s Director of National Intelligence—a role that includes such sensitive responsibilities such as producing the President’s Daily Brief and setting U.S. Policy for intelligence-sharing with foreign entities—I don’t appreciate the fact that she’s called “superwoman” by a mouthpiece for the Kremlin.  
    Not only does Putin have kind words for Ms. Gabbard, but they also share mutual friends—namely, ousted Syrian dictator Bashar al-Assad. 
    Since her clandestine meeting with Mr. Assad in 2017, a visit that took place while she was serving in Congress, former Congresswoman Gabbard has faced numerous questions about why she went to Syria and arranged this meeting in the first place.  
    She’s answered none of those questions nor has she provided any substantive details on her conversation with Assad.  
    And in fact, Ms. Gabbard has repeatedly refused to call Assad what he is, and that is an enemy of the United States, a brutal dictator who is responsible for the deaths of hundreds of thousands of Syrians. 
    Assad, who’s Putin’s best buddy in the Middle East; Assad, who is backed by Iran, whose regime openly seeks to undermine and destroy American interests and values worldwide.  
    This is the person who co-Presidents Musk and Trump want to lead our intelligence agencies, to spearhead our national security operations.  
    Well, that doesn’t make me comfortable sleeping at night.  
    To talk amiably about a brutal dictator who is openly opposed to American interests and human rights, a dictator like Assad, and like Putin for that matter, shows at best a lack of judgement and at worst allegiance to our adversaries. 
    And even in cases of proven espionage against the American intelligence community—the very organization that she seeks to lead—Tulsi Gabbard instead has sided with criminals.  
    Of course, I’m speaking about her support for Edward Snowden.  
    In 2020, while she was a member of the United States House of Representatives, she introduced a resolution suggesting that the federal government should drop all charges against Edward Snowden.  
    There’s only one other member who cosponsored this resolution, and that was former Congressman Matt Gaetz.  
    Now in 2025, Ms. Gabbard still refuses to call Snowden what he is—a traitor to the United States. 
    When she was asked about that at her hearing, she was given several opportunities to indicate that she understood that Edward Snowden is a traitor who put at risk the lives of thousands of Americans in the intelligence community.  
    She refused to acknowledge that he’s a traitor.  
    With such a track record, how are we supposed to expect that she will properly classify our enemies? 
    How are we to expect that she would label Xi Jinping or Kim Jong Un? As enemies of the United States or simply as foreign leaders, or as friends? Who knows what Ms. Gabbard will do.  
    I think there’s a stark difference between our adversaries who want to undermine the United States and those who are our allies, and it doesn’t appear that Tulsi Gabbard understands the difference.  
    So how can the men and women of the intelligence community trust that Ms. Gabbard will protect their secrets? That she’ll protect our secrets, the secrets of the United States?  
    How many Russians are going to risk their lives to pass along information to our intelligence officers if they’re worried that Ms. Gabbard will sell them out?  
    How much will our allies in NATO, in the Indo-Pacific share with Ms. Gabbard in charge?  
    The work of American covert operations and intelligence-gathering is based on one central principle, and that is trust.  
    I wouldn’t trust Tulsi Gabbard any further than I can throw her.  
    I think this chamber faces a choice.  
    We can choose to defend America’s national security and keep our promise to our constituents to protect their lives and safety and their interests or we can choose to give a gift to Vladimir Putin and our adversaries, to usher them into the inner halls of the American intelligence system.  
    I know which choice I intend to make.  
    I intend to vote no on Tulsi Gabbard, and I hope that my colleagues, particularly those across the aisle, at least some of them, will have the courage to do the same. 
    Thank you, Mr. President. I yield the floor. 
    Senator Shaheen is the top Democrat on the U.S. Senate Foreign Relations Committee and also serves on the U.S. Senate Appropriations Subcommittees on State, Foreign Operations and Related Programs and Defense. In 2018, Shaheen re-established the bipartisan U.S. Senate NATO Observer Group with U.S. Senator Tillis (R-NC). Senator Shaheen believes that a strong and active United States is fundamental to securing our national interests at home and abroad. She also believes that U.S. global leadership is directly tied to the strength of our ideals, our alliances and our diplomacy, and she is constantly working to ensure our national security policies reflect our broader democratic values.  

    MIL OSI USA News

  • MIL-OSI USA: Senator Wicker Appointed Chairman of the U.S. Helsinki Commission for the 119th Congress

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker
    WASHINGTON — The Presiding Officer, on behalf of the Vice President, last week announced the appointment of U.S. Senator Roger Wicker, R-Miss., as chairman of the Commission on Security and Cooperation in Europe, also known as the U.S. Helsinki Commission, for the 119th Congress.
    “I am honored to be named chairman of the Helsinki Commission. European security is always good for the United States. For nearly fifty years, the Helsinki Commission has protected human rights, advanced democracy, and increased economic cooperation across the globe,” said Senator Wicker. “Today’s challenges are no less urgent. I look forward to working on a bicameral, bipartisan basis to seek a just end to Russia’s war on Ukraine, a stronger NATO alliance, and an international order that serves our national interest.”
    Senator Wicker assumes the chairmanship at a pivotal moment for transatlantic security. Russia is waging the largest land war in Europe since World War II, threatening not only Ukraine’s future and independence, but also the security and sovereignty of U.S. allies and partners in Europe. In the South Caucasus, Armenia and Azerbaijan have a generational opportunity to reach a durable peace agreement after decades of violence and upheaval. Meanwhile, the republic of Georgia’s democracy stands at a crossroads as the Georgian Dream party attempts to drag the country towards Russia and away from their chosen path of Euro-Atlantic integration. As we approach the 30th anniversary of the signing of the Dayton Peace Accords, Bosnia and Herzegovina and the broader Western Balkans region must chart a way through the dangers of violent division and toward greater alignment and integration with Western institutions. At this historic juncture, the United States has an opportunity to pursue policies that promote regional stability and strengthen the rules-based international order so that it continues to safeguard American security and prosperity.
    Senator Roger Wicker has served on the U.S. Helsinki Commission since 2009, where he has consistently championed democratic values, the rule of law, and peace and security in the OSCE region. He served as a Vice President of the OSCE Parliamentary Assembly (OSCE PA) from 2017 to 2024. From November 2014 to July 2017, Senator Wicker chaired the OSCE PA Committee on Political Affairs and Security, where his work centered on sustaining constructive security dialogue among all participating states and ensuring compliance with international commitments.
    Senator Wicker is currently the Chairman of the Senate Armed Services Committee and serves as a member of the U.S. Merchant Marine Academy Congressional Board of Visitors. He has also served as Chairman and Ranking Member of the Senate Committee on Commerce, Science, and Transportation.
    Senator Wicker served on active duty in the U.S. Air Force and then joined the Air Force Reserve. He retired from the Reserve in 2004 with the rank of lieutenant colonel.
    A native of Pontotoc, Mississippi, Senator Wicker received his B.A. and law degrees from the University of Mississippi. He is married to the former Gayle Long of Tupelo. They have three children and eight grandchildren.

    MIL OSI USA News

  • MIL-OSI: Diginex Limited Engages Lambert and SPRG to Drive Global Investor Relations and Shareholder Communications Program

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, Feb. 12, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”), a Cayman Islands-based impact technology company specializing in environmental, social, and governance (ESG) issues, has engaged international investor relations specialists Lambert by LLYC (Lambert) and its partner—Hong Kong-based Strategic Public Relations Group Ltd. (SPRG)—to lead a global investor relations and financial communications initiative to help broaden Diginex’s shareholder base. This collaboration underscores Diginex’s commitment to enhancing its visibility and investor engagement across key global markets.

    Working closely with Diginex’s leadership, Lambert and SPRG will execute an aggressive strategic investor relations program aimed at strengthening the Company’s presence within the global investment community. The initiative will emphasize how Diginex’s innovative, technology-driven solutions empower enterprises with comprehensive tools, empower enterprises with comprehensive tools to navigate the evolving and rapidly expanding sustainability landscape.

    Diginex recently completed a $10.61 million initial public offering (IPO), including the full exercise of the underwriters’ over-allotment option. The successful IPO and subsequent healthy market reaction reflect growing investor confidence in sustainability compliance technology and Diginex’s mission to democratize sustainability through innovative technology, dramatically reducing the cost of compliance with their tailored suite of platforms.

    Led by Lambert, the IR partnership will provide strategic guidance to Diginex, ensuring global investor outreach, enhanced shareholder engagement, and expanded visibility among institutional and retail investors.

    “This is an exciting time for Diginex as we accelerate investor engagement across a broad and diverse range of investor pools globally, strengthening and diversifying the shareholder base while increasing investor and marketplace familiarity with our brand and products” said Miles Pelham, Chairman of Diginex Limited. “Our partnership with Lambert and SPRG strengthens our presence in key financial markets and reinforces our leadership in ESG and sustainability technology. We remain committed to driving innovation and helping enterprises achieve their sustainability goals, ultimately striving to leave the world in a better place.”

    “With our successful public offering on the Nasdaq stock exchange, we look forward to working with Lambert and SPRG to speed-up and broaden our investor outreach,” said Mark Blick, Chief Executive Officer of Diginex Limited. “As demand for ESG solutions grows, we are focused on accelerating our global presence and delivering long-term value to our shareholders.”

    About Diginex Limited

    Diginex Limited is a Cayman Islands exempted company incorporated under the laws of the Cayman Islands in 2024, with subsidiaries located in Hong Kong, United Kingdom and United States of America. Diginex Limited conducts operations through its wholly owned subsidiary Diginex Solutions (HK) Limited, a Hong Kong corporation (“DSL”) and DSL is the sole owner of (i) Diginex Services Limited, a corporation formed in the United Kingdom and (ii) Diginex USA LLC, a limited liability company formed in the State of Delaware. DSL commenced operations in 2020, is headquartered in Hong Kong, and is a software company that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. DSL is an impact technology business that helps organizations to address the some of the most pressing ESG, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.

    Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.

    For investor and media inquiries, please contact:

    Diginex
    Investor Relations
    Email:ir@diginex.com

    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    The MIL Network

  • MIL-OSI Russia: Government meeting (2025, No. 4)

    Translartion. Region: Russians Fedetion –

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

    1. On the draft federal law “On Amendments to Article 19 of the Law of the Russian Federation “On the Status of Judges in the Russian Federation” and Article 1 of the Federal Law “On Social Guarantees and Compensations for Military Personnel Serving in Military Formations of the Russian Federation Stationed in the Territories of the Republic of Belarus, the Republic of Kazakhstan and the Kyrgyz Republic, as well as Persons Working in These Formations”

    The bill is aimed at establishing a uniform level of social protection for judges of military courts stationed outside the territory of the Russian Federation.

    2. On the draft federal law “On the creation of state information systems to combat offenses (crimes) committed using information and telecommunications technologies, and on amendments to certain legislative acts of the Russian Federation”

    The bill is aimed at preventing, suppressing and increasing liability for illegal acts committed using information technologies.

    3. On the draft federal law “On the ratification of the Protocol on Amendments to the Agreement between the Government of the Russian Federation and the Government of the People’s Republic of China on the facilitation of travel for citizens”

    The bill aims to ratify the protocol signed in Moscow on August 21, 2024.

    4. On the draft federal law “On Amendments to Articles 2463 and 427 of Part Two of the Tax Code of the Russian Federation”

    The bill is aimed at eliminating the constraints affecting the investment attractiveness of the preferential regime created in the Kuril Islands in accordance with Federal Law No. 50-FZ of March 9, 2022 “On Amendments to Part Two of the Tax Code of the Russian Federation”.

    5. On the draft federal law “On Amendments to Articles 247 and 2593 of Part One, Articles 689 and 700 of Part Two and Article 1137 of Part Three of the Civil Code of the Russian Federation”

    The bill is aimed at amending parts one, two and three of the Civil Code of the Russian Federation in terms of displaying in the Unified State Register of Real Estate information on the existence of rights of third parties in relation to real estate objects that are not their owners.

    6. On the allocation of budgetary allocations to the Ministry of Agriculture of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of one-time financial assistance in the form of a subsidy from the federal budget to the budget of the Kursk region

    The draft order is aimed at improving the financial condition of agricultural producers in the Kursk region.

    Moscow, February 12, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    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 New Zealand: Going for growth: supermarkets on notice

    Source: New Zealand Government

    The Government is seeking to bolster supermarket competition to deliver a better deal for shoppers, Economic Growth Minister Nicola Willis says.

    “Studies have shown that New Zealand shoppers pay more for kitchen staples than their counterparts in the United Kingdom, Ireland and Australia.

    “The market lacks competition with three large entities, two of whom don’t compete in the same island, effectively controlling 82 per cent of the market.

    “We need more competition to put downward pressure on prices and deliver a better deal for shoppers.

    “The weekly supermarket shop makes up a significant proportion of most people’s weekly budget and contributes massively to their cost of living.

    “Therefore, I am determined to remove unnecessary regulatory hurdles that discourage new entrants from entering the market.

    “Additional steps could include cracking down on predatory pricing, ensuring all competitors have fair access to products, assisting new entrants to access suitable land and properties for development and assisting them to attract international capital.”

    Nicola Willis announced the intention to strengthen competition in the supermarket sector at the release of a progress report on the work being done to shift New Zealand to a higher growth track. 

    “The Going For Growth snapshot details more than 80 actions that have either been completed since the Government took office or are underway.

    “Economic growth is key to raising living standards, creating higher-paying jobs,and delivering the vital public services New Zealanders want and deserve.

    “New Zealanders have been through a tough time with high inflation pushing up interest rates and driving the economy into recession.

    “lnflation is now back under control but to deliver the opportunities and high-quality public services people expect we need to build a stronger, wealthier and more resilient economy that benefits all New Zealanders.

    “Going For Growth details how the Government is going about that task. 

    “It sets out the five pillars driving our push for economic growth: Developing talent, Competitive business settings, Promoting global trade and investment, Innovation, technology and science and infrastructure for growth.

    “Under each pillar are actions already underway to support growth, with more to come.

    “To grasp the opportunities in front of us, we must lean in and boldly pursue the things that will make this country the wealthier country we want it to be. 

    “We must adopt a ‘yes’ mentality when sometimes it is easier to say ‘no’.”

    Notes to editors: Going For Growth can be found here www.goingforgrowth.govt.nz

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Speech to New Zealand Economics Forum

    Source: New Zealand Government

    Tēna koutou katoa. Greetings everyone.
    Thank you Matt for the introduction and can I acknowledge the presence of former Australian Prime Minister Scott Morrison. It’s a pleasure to have you back in the country.
    It’s also a pleasure to be here to speak at this event for the third year in a row. 
    The world is changing. Fast. Orthodoxies are being challenged. De-globalisation, tariffs, counter tariffs, artificial intelligence, conflict, cynicism about national institutions, extreme climatic events, increasing competition for food, energy, minerals and other resources.  
    Leaders around the world are being compelled to act more boldly than they have for several decades.
    Where once countries could take for granted their position in the world, it is now unquestionable that we need to place ourselves in the driver’s seat for our national interests.
    These issues are not just the concern of diplomats, leaders and elites.  
    People the world over are increasingly feeling the effects of declining living standards, soaring prices, unaffordable housing and incomes that are not  keeping up. 
    Is it any wonder that there is a growing sense that the benefits of progress are not being evenly shared or that citizens are questioning the institutions and conventions they were raised to rely on?  
    It’s hard not to look back on the past few decades and see complacency. 
    Where once there was an assumption about the inevitability of economic growth – a given to be traded off against a host of other values – that stance now seems blissfully naïve.  
    From the United Kingdom, to the European Union, to China, to the United States, there is a growing realisation that growth must be fought for and that, even once achieved, can easily slide away.
    We in New Zealand are not immune to these trends. In fact, we are at a moment of inflection.  
    After three years of struggle, many Kiwis feel poorer, less financially secure and less hopeful about their futures. The cost of living is a daily concern.
    New Zealanders have been through the wringer. Where once there was triumphalism about our response to, and recovery, from the COVID-19 pandemic, there is now a realisation that we are still paying the economic price for the disruption it wreaked.  
    The aftershocks of extended lock-downs included a generational spike in inflation and the cost of living, extraordinary interest rate hikes, ongoing disruption to migration flows, massive increases in Government debt and a structural deficit in the government books.  
    These blows landed on an economy that had being showing cracks for decades. 
    New Zealand already faced longstanding issues of low productivity growth, low capital intensity in our firms, low levels of competition in many sectors, challenges in attracting and retaining skills and talent, low uptake of innovation, declining housing affordability and a growing tail of New Zealanders leaving school without basic skills. Today, as Kiwis suffer the real-life effects of economic problems, it’s become even more urgent that we address these complex challenges. 
    For the economists in this room these observations about our economic problems can be understood as data points.
    For many Kiwis, it is more personal, more visceral and far harder to stomach. The cost of living is too high and they need to see a path out.
    Despite falling inflation and interest rates and rising business and consumer confidence, many New Zealanders tell me they still can’t get on top of their bills – even though they’re working harder than ever, that they are worried about whether they’ve saved enough for their retirement, and are concerned about their kids’ prospects should they stay in New Zealand.
    My message to those New Zealanders is this: it’s tough right now, but our country has far better years ahead of it.  
    It’s easy to lose sight of the reasons to be optimistic, but let’s be confident about how great New Zealand’s potential is.
    In a world facing multiple challenges, we have some extraordinary advantages. We’re a safe, secure country with established trading relationships and a reputation as a good place to do business. We are blessed with abundant natural resources – everything from ocean to freshwater, fertile land to minerals and temperate weather. 
    In a world worried about food security, we have the world’s best farmers, feeding more than 40 million people with levels of efficiency and sustainability that are the envy of the world. We have a long history of stable democracy, strong institutions and rule of law. We’ve produced world-leading scientific breakthroughs from splitting the atom to the Hamilton Jet Boat. Our entrepreneurs and innovators have converted their ideas into world-beating successes – from  Oscar-winning digital effects to rockets in space.
    New Zealand has what it takes to succeed, but for too long we’ve put up stop signs and road cones when we should have been putting our pedal to the metal. 
    Our Government’s mission is to make the most of New Zealand’s potential so we can grow the economy and ease the cost of living for New Zealanders. 
    Our plan is simple: remove the barriers that have held back growth and create the conditions that will allow businesses to create better paying jobs, more financial security for our families, and more income to pay for world-class education and health services.
    Today I am releasing a document that shows how our Government is putting that plan into action. “Going for Growth” is a snapshot of the Government’s activity in five key areas, all designed to ease the cost of living and grow our economy.
    The document identifies more than 80 separate initiatives that have been completed or are underway.  Don’t worry, I’m not about to list them all. 
    But I do encourage you to give it a read.  Going for Growth will be updated on a regular basis and we are actively seeking your feedback on its content and any actions you think should be added or prioritized. 
    The document focusses on five areas which are essential to improving the performance of the New Zealand economy.

    Developing talent by lifting education and skills:  Too many of our kids have been leaving school without the basics they need to succeed in an increasingly demanding world. This is a moral failure.  It’s also a fiscal and economic timebomb. Our Government is improving our education system to deliver a better deal for Kiwi kids.
    Competitive business settings: Excessive and badly-designed regulations have slowed New Zealand down, added costs and prevented too many good ideas from become reality. Several of our major sectors lack competition and consumers are paying the price. Our Government is removing red tape, reducing compliance costs and promoting competition to deliver a better deal for Kiwi consumers.
    Promoting global trade and investment: New Zealand is a small country, geographically distant from many of the world’s large economies. We need to keep pursuing trade relationships and international connections not only to get good prices for our exports, but also to keep up with emerging technologies and to access the world’s talent and capital. Our Government is growing our trade relationships and rolling out the welcome mat for international investment so we can deliver better paying jobs for Kiwis.
    Innovation, technology and science:  New Zealand’s science system is not geared up for the future economy. Our businesses have often been slow to invest in the technology needed to make them more productive. We’re modernizing our science and innovation system so we can deliver a better deal for Kiwi businesses who want to use science and tech to grow.
    Infrastructure for growth:  New Zealand’s Resource Management system has been weaponised against development, adding cost, slowing things down and stopping too many projects. Despite abundant land, housing remains unaffordable for too many. Major infrastructure projects are too slow, too expensive and too few. Our Government is removing roadblocks to delivery of housing and infrastructure and fast-tracking major developments so we can deliver better living standards for New Zealanders.

    Some of you will be familiar with the work we already have underway in each of these areas. Today I want to share some thoughts about a few areas where I think more reform is needed.
    Number One. Driving greater competition in sectors that are vital to our national interests, including banking, grocery and electricity.  
    The economic impetus for this is clear. Strong competition protects consumer interests, it puts downward pressure on costs, it incentivises innovation and investment, it supports efficient allocation of resources and it drives productivity.
    When I look around the business landscape today I see too many sectors where market power has been entrenched to the detriment of everyday people.
    New Zealand has seen significant mergers and consolidation across major industries. Big fish have been swallowing the little fish and regulatory barriers have stopped new fish from entering the pond. 
    While many super-sized businesses have flourished, in too many cases the Kiwis they sell to have experienced higher prices, fewer choices and a worse deal all round.
    In my view, law-makers and regulators have been far too complacent about diminishing levels of competition in vital areas. Large-scale mergers have been repeatedly allowed in major industries, with so-called efficiency prioritised over the interests of consumers.
    Well-intended regulations have become a moat, stopping challengers from disrupting the status quo. 
    The result?  A raw deal for Kiwi consumers. 
    The dominance of big fish has also made it difficult for many small businesses to grow into larger businesses. 
    We see it in the banking industry which the Commerce Commission has described as a highly profitable, two-tier oligopoly. The Government is taking action to address this.
    And we see it in the supermarket sector in which three large entities, two of whom don’t compete in the same island, effectively control 82 per cent of the market. 
    The result, as the Commerce Commission reported in 2022, is that competition between grocery retailers is muted, profits are high, product ranges are limited and shoppers pay higher prices than people in many other countries. 
    In this environment it is almost impossible for a new entrant to establish a foothold in the New Zealand market.
    Even if they are able to battle their way through the thicket of resource management and overseas investment regulation, they are confronted in many cases by an absence of suitable land for new supermarket developments. It has been land-banked by the established players.
    Some of our best food producers also tell me they are struggling because of the duopolistic practices of the major players. 
    If Kiwi food producers can’t afford to keep their products on New Zealand supermarket shelves, how are they ever going to grow to the point where they can export overseas?
    The supermarket lobby will find 1000 different ways to say this is not the case, but it is. 
    The OECD has this to say about the New Zealand supermarket sector:
    “Two major players dominate the market through their portfolio of different brands.  As a result, they can extract higher prices from consumers (oligopoly power) but also exert ‘oligopsony power’ on their suppliers, passing on costs and uncertainty to them, with the threat of removing products from shelves if suppliers disagree”
    Studies have shown that New Zealand supermarkets were the most expensive for kitchen staples compared with the UK, Ireland and Australia.
    If you doubt the findings of the OECD, research papers, or the Commerce Commission, just ask the everyday Mums and Dads at the checkout:
    Kiwi shoppers feel ripped-off.  
    I think of PK, the Kiwi man who went viral on Tik Tok, sharing how he cried when he discovered how much cheaper the food was when he moved to Australia. I think of the parents in the supermarket aisle, putting back the chocolate biscuits as the weekly shop blows their budget – again.  And I think of all those people who endure gut-wrenching anxiety as they watch their items being scanned and the numbers tallying up on the till.
    The weekly supermarket shop makes up a significant proportion of most people’s weekly budget and contributes massively to their cost of living.
    They deserve to know they are getting a fair deal.
    Right now, I don’t think they are.  I’m ready to pull out all the stops to get them a fairer deal.
    The supermarkets will fight back I’m sure. It’s a fight worth having.
    So what can the Government do?
    Let me reassure you, we are not going to open our own grocery chain. There will be no KiwiShop. 
    Instead I’d like to see another competitor enter the supermarket scene to  disrupt the major players, drive down prices and increase options for Kiwi shoppers.
    Over the past 12 months, international supermarket chains and local investors have expressed interest in entering the New Zealand grocery market. 
    I want to help them succeed.
    We owe it to Kiwi shoppers to help remove the barriers that could get in the way of a new entrant.
    That could include removing unnecessary regulatory hurdles in the Overseas Investment Act, Resource Management Act and the entire regulatory maze; helping them to access suitable land and properties for development; helping them to attract capital; cracking down on predatory pricing and ensuring they have fair access to products. 
    If a new grocery chain opened up here it would deliver massive gains for Kiwi shoppers.  So I’m up for actions needed to help make it happen.
    At the same time, the Government must continue our efforts to hold the existing supermarket chains accountable to their customers and suppliers. 
    That means enhancing consumer protections and correcting power imbalances between suppliers and supermarkets. It means strengthening the Grocery Supply Code, enforcing action against non-compliance and illegal conduct, introducing a Wholesale Code to enhance access for smaller retailers, introducing disclosure standards for consumer complaints and responding to further recommendations the Commerce Commission makes.
    Commerce Minister Andrew Bayly has already been pushing hard in this space. This year we’re dialling up the pressure.
    The major supermarket chains should listen up: our Government is on the side of Kiwi shoppers and we will act to defend their interests.
    Number two:  The Government’s approach to procurement.
    The Government is a huge player in the New Zealand economy. Every year it procures billions of dollars worth of goods and services.
    Those doing the procuring understandably play close attention to prices.  That is as it should be. We want value for money. 
    But getting value is not just about cost. Getting value is also about assessing the contribution particular contracts can make to New Zealand as a whole.
    The Government wants the Government agencies doing the procuring to assess the value as well as the cost of contracts. 
    Small and medium-sized businesses say that too often they can’t effectively bid for Government contracts because of the complexity of official procurement processes. 
    I am reviewing the Government procurement rules that cause this and will soon be recommending changes to Cabinet. I want to ensure value to New Zealand is properly considered when government agencies are picking suppliers, ensuring a more level playing field, improving the ability of smaller businesses to bid and giving more small and medium sized Kiwi businesses the opportunity to grow and become global players.
    Third, tax settings.
    New Zealand must ensure our tax settings are competitive with other countries who seek to lure our talent, ideas and jobs.
    We need to ensure the New Zealand tax system does not discourage businesspeople from investing in their businesses and does not deter foreign investment. 
    I am considering a range of proposals to make our tax settings more competitive over time.
    Fourth, affordable energy.
    Alongside the supermarket bill, electricity prices are a major pain point for Kiwi households.  Spiking prices and uncertain supply are also a major barrier to industry and the jobs it supports.
    As we look out to the world, it’s clear that those choosing to invest in manufacturing, data centers and technological parks will increasingly ask themselves: does the country that we want to invest in have secure, affordable and renewable energy? 
    New Zealand is pretty well-positioned for that. We already have abundant levels of renewable energy. 
    The question is, are we well positioned to bring on new generation at the pace needed to keep both security of supply and affordability? 
    That’s a question the Government is very much engaged in. 
    The Energy Competition Task Force has published proposals to give consumers more control over energy costs. In addition, independent reviewers will report to Ministers in the middle of the year on the performance of the energy market.  
    My view is that the world’s surging demand for renewable energy has changed the game. It’s time to think much more boldly about the actions the Government may need to take to incentivise new generation, security of supply and affordable electricity.
    Fifth, savings.
    Finally, I want to see KiwiSaver working as well as possible for New Zealanders. Commerce Minister Andrew Bayly already has work underway to enable Kiwisaver providers to make greater investments in private assets, to generate good returns for savers and ensure more Kiwi savings can be deployed for investment here at home.  
    I want to see KiwiSaver balances grow, both to make Kiwis better off in retirement and to grow our collective national savings. I am taking advice on options for achieving that with a view to taking recommendations to Cabinet.
    Let me finish by providing you with some perspective. 
    Our domestic context is challenging. Internationally we are arguably operating in a more complex, faster changing world than at any time in history. 
    But, when I look around the world, there is nowhere I would rather build a business or raise a family than here in New Zealand.
    But the world doesn’t owe us a living. We have to compete hard to deliver for our national interests and the interests of New Zealanders. 
    Our Government’s plan to grow the economy is about making the most of New Zealand’s many advantages, removing barriers that are holding Kiwis back and competing for our share of the world’s wealth.
    This is not an abstract mission.  It goes to the heart of what matters to New Zealanders. 
    To create better paying jobs and make Kiwis more financially secure, we must grow our economy.
    To deliver better health services and schools, we must grow our economy.
    To make New Zealand more resilient to global challenges, we must grow our economy.
    This Government backs New Zealanders to succeed. I know you do too. I wish you a successful conference and look forward to hearing your ideas.  Let’s go for growth.

    MIL OSI New Zealand News

  • MIL-OSI United Nations: Kazakhstan’s Inclusion Council Examines Persons with Disabilities in Emergency Situations

    Source: UNISDR Disaster Risk Reduction

    Today, a meeting of the Inclusion Council dedicated to the protection and safety of persons with disabilities in emergency situations was held in the Senate, Parliament of Kazakhstan. During the meeting, council members, experts, and representatives of the Ministry of Emergency Situations (MES), Ministry of Labor and Social Protection of Population discussed pressing issues faced by people with limited mobility during emergencies and proposed solutions to address them. 

    One of the key topics of discussion was the inaccessibility of temporary shelters for persons with disabilities, particularly during floods. Many evacuation points do not meet accessibility requirements: high thresholds, slippery surfaces, lack of ramps, narrow doorways, and the absence of tactile indicators and visual cues create significant barriers for people with limited mobility. 

    These issues affect not only persons with disabilities but also elderly citizens, pregnant women, parents with strollers, and other vulnerable groups. Participants emphasized that ensuring accessible infrastructure in emergencies is not just a matter of convenience but a necessity that can save lives.

    Senators and experts proposed a number of measures to improve the situation: 

    1. Enhancing Public Preparedness for Emergencies. 
    2. Improving Early Warning Systems. 
    3. Improving Accessibility of Temporary Shelters. 
    4. Developing Inclusive Digital Solutions. 

    “Ensuring the safety of people with disabilities in emergencies is not just a matter of protection but a fundamental right. We must consider various types of disabilities when developing safety measures so that every person, regardless of their physical abilities, can receive timely assistance. This applies not only to evacuation but also to access to information, training, and infrastructure,” 

    said Chairperson of the Inclusion Council at the Senate, Lyazzat Kaltaeva.

    Representatives of the Ministry of Emergency Situations reported that 459 high-risk social facilities are currently registered with the ministry. State fire inspections regularly monitor these facilities to prevent violations. Additionally, these systems contain data on 263,026 citizens with disabilities, enabling rescue services to act more effectively. 

    UNDRR (United Nations Office for Disaster Risk Reduction) addressed the meeting, sharing the results of an urban resilience assessment conducted in Almaty in 2024. They also discussed the potential for adopting international best practices from cities participating in the Making Cities Resilient 2030 (MCR2030) Initiative. This experience could serve as a valuable resource for improving safety systems and adapting infrastructure in Kazakhstan. 

    In 2023, UNDRR published a Global Survey on Persons with Disabilities and Disasters which found limited progress in disability inclusion over the past 10 years and called for accelerated action.

    Participants emphasized that efforts to ensure the safety of persons with disabilities in emergencies must continue through close collaboration between government agencies, public organizations, and expert communities. Only through joint efforts can a system be created where every person, regardless of their abilities, is protected in the event of an emergency. 

    This meeting marked an important step toward building an inclusive society where safety and protection are guaranteed for all.

    MIL OSI United Nations News

  • MIL-OSI Security: Head of Commercial Real Estate Investment Firm Pleads Guilty in $62.8M Fraud Scheme Targeting Atlanta Financial Center Investors

    Source: Office of United States Attorneys

    ATLANTA – Elchonon “Elie” Schwartz pleaded guilty today to wire fraud for executing a massive investment fraud scheme that caused more than 800 investors to send approximately $62.8 million to Schwartz, which he then diverted for his own use. Approximately $54 million dollars in investments were intended for the Atlanta Financial Center, a planned commercial real estate complex on Peachtree Road. 

    “Seeking to do nothing more than pad his own bank accounts and buy expensive luxury items, Elie Schwartz betrayed hundreds of investors who sought the opportunity to invest in these commercial real estate projects,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “This office is committed to protecting investors from individuals, like Schwartz, who defraud donors out of their hard-earned money and seek to prioritize their own greed at the expense of legitimate investors.”

    “Although investment fraud schemes are not violent crimes, they are just as destructive as they can destroy the livelihoods of entire families. Schwartz admitted to this complex scheme out of pure greed and will now face the steep consequences,” said Sean Burke, Acting Special Agent in Charge of FBI Atlanta. 

    According to Acting U.S. Attorney Moultrie, the charges, and other information presented in court: Elie Schwartz ran a successful commercial real estate investment firm. Beginning in May 2022, he solicited investments through CrowdStreet Marketplace in connection with a large commercial real estate complex in Atlanta, Georgia (“Atlanta Financial Center”), and ultimately raised approximately $54 million from approximately 654 investors for this venture. Later, beginning in November 2022, Schwartz again solicited investments through CrowdStreet concerning a mixed-use building in Miami Beach, Florida (“Lincoln Place”), and ultimately raised approximately $8.8 million from approximately 167 investors for this development. In total, Schwartz raised approximately $62.8 million from investors through CrowdStreet for the investments in the Atlanta Financial Center and Lincoln Place. The CrowdStreet investor funds were deposited into a segregated bank account for each investment.

    As part of the investment solicitation process, Schwartz executed agreements with CrowdStreet that stated, among other terms, that the funds raised from CrowdStreet investors would be held in segregated bank accounts controlled by Schwartz. In the documentation that was provided to CrowdStreet investors, Schwartz represented that he would only “use any proceeds from this Offering, net of any organizational and offering expenses, to fund” the investment in each property and that Schwartz had a fiduciary duty to safeguard the funds and prohibit commingling or use of the money that did not benefit each investment.

    But contrary to the representations he made to CrowdStreet investors, and before either the Atlanta Financial Center or Lincoln Place transaction closed, Schwartz misappropriated and converted CrowdStreet investor funds for his own use. Beginning in June 2022, and continuing through June 2023, Schwartz transferred nearly all of the $62.8 million raised through CrowdStreet for the Atlanta Financial Center and Lincoln Place investments out of the segregated bank accounts. He then diverted these funds to his personal bank account, personal brokerage account, and accounts for other unrelated commercial real estate investments affiliated with, and controlled by, him.

    Schwartz used the funds raised from the CrowdStreet investors to, among other things, pay for payroll expenses for his commercial real estate businesses, purchase luxury watches, and invest in stocks and options in his brokerage account. Ultimately, in mid-July 2023, the corporate entities that Schwartz formed to receive funds from CrowdStreet investors for their investments in the Atlanta Financial Center and Lincoln Place both filed for Chapter 11 bankruptcy.

    Schwartz, 46, of New York, New York, pleaded guilty to one count of wire fraud and faces a maximum penalty of 20 years in prison. In determining the actual sentence, the Court will consider the United States Sentencing Guidelines, which are not binding but provide appropriate sentencing ranges for most offenders.

    Sentencing is scheduled for May 19, 2025, at 2:00 p.m. before U.S. District Judge Steven D. Grimberg.       

    This case is being investigated by the Federal Bureau of Investigation. The Securities and Exchange Commission’s Division of Enforcement provided valuable assistance in the investigation.

    Assistant U.S. Attorney Kelly K. Connors and Trial Attorney Matthew F. Sullivan of the Criminal Division’s Fraud Section are prosecuting the case. Former Assistant U.S. Attorneys David O’Neal and Christopher Huber provided substantial assistance in the investigation and prosecution.

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

    MIL Security OSI

  • MIL-OSI Economics: r* in the monetary policy universe: navigational star or dark matter? | Lecture at the London School of Economics and Political Science

    Source: Bundesbank

    Check against delivery.

    1 Introduction

    Ladies and gentlemen, It’s a pleasure and an honour for me to speak here before such a distinguished audience.

    Remember to look up at the stars and not down at your feet. This was advice from Stephen Hawking, the famous English physicist and author of numerous books on the cosmos. And who would want to contradict the genius?

    So today I invite you to join me on a stargazing tour. If you don’t have a telescope with you, no worries. However, I should add a disclaimer here: When a couple look up at the stars, things could get romantic. When astronomers observe the stars, impressive images can come into view. When economists talk about stars, it usually gets complicated. Now you know what you’re getting into! 

    I’m sure you’ve already guessed what topic I have in mind: the natural rate of interest – also known as r-star. It is a concept that economists have been grappling with for more than 125 years.[1] And it has perhaps never received more attention than in the current era of monetary policy.

    From a central banker’s perspective, I would like to discuss what role r-star can and should play in the monetary policy universe. I will structure my lecture around four key questions: What is r-star and why is it of interest for monetary policy? How have estimates for r-star evolved over the past decades? What drives uncertainty about current estimates and the future evolution of r-star? What conclusions should monetary policy draw from this?

    2 Definition of r-star and use for monetary policy

    Let’s start with the definition. The natural rate is the real interest rate that would prevail if the economy were operating at its potential and prices were stable. R-star is commonly thought to be driven by real forces that structurally affect the balance between saving and investment. Think of technological progress and demographics, for example. This also means that r-star should, by definition, be independent of monetary policy. The latter follows from the widely held belief that monetary policy can affect real variables only temporarily, but is neutral in the long term.

    At first glance, the natural rate could be a guiding star for the conduct of monetary policy. If a central bank sets its policy rates so that the real interest rate is above r-star, monetary policy is restrictive or “tight”. Consequently, economic activity slows and the inflation rate should decrease. If the real rate is below r-star, monetary policy is expansionary or “loose”. It provides incentives for consumers to purchase more and for enterprises to step up investment and output. Hence, this should result in more economic activity and a higher inflation rate.

    However, the idea of the natural rate serving as a guiding star for monetary policy comes with profound challenges. Perhaps the name r-star evokes associations with astronomy and navigation. But these would be misleading. If r-star were like a star in the sky, it would be relatively easy to locate. Stars emit light and are therefore observable.

    The natural rate is a theoretical concept. It is based on a hypothetical state of the world. That means the natural rate is, by nature, unobservable. It can only be estimated. For example, models use assumptions about the relationship between measurable variables and r-star. In this respect, the natural rate is not so much like a star shining brightly in the sky. It is more a case of dark matter. As it is invisible, astronomers infer dark matter indirectly by observing its gravitational effects.

    If something is hard to find, it only spurs researchers to look even harder – whether they are astronomers or economists. Therefore, we can draw on a variety of estimation methods for the evolution of the natural rate.

    3 Estimates for r-star over time

    Since around the 1980s various estimates of different types have been pointing to a downward trend for r-star over several decades and across many advanced economies.[2] In the wake of the global financial crisis, the estimates slumped to exceptionally low levels.[3] This development was roughly in line with the observed trajectory of actual real interest rates of short- and long-term government bonds during this period. And no wonder: In the long run, both should be driven by the same fundamental forces affecting the balance between saving and investment.

    So the question is this: what has lifted saving and depressed investment? A simple answer would be: in the long term, the most important driver is potential growth. But this finding is not very enlightening. Potential growth is also not observable. It is determined by underlying forces such as demographics and technological progress. This is where we need to look for the causes.

    Indeed, according to a number of recent studies, waning productivity growth and population ageing were the key factors in pushing saving up and investment down.[4] Lower productivity reduces the return on investment, so people are less willing to invest. As they expect to live longer, they are more willing to save.

    In addition, inequality, risk aversion and fiscal policy could be other factors. For example, growing inequality raises saving, as richer households save a larger share of their income. Similarly, higher risk aversion leads to higher saving, especially in safe assets, while lowering investment.[5] 

    Many of the estimates for r-star reached their lowest point in the pandemic years 2020 and 2021. After that, there were signs of a partial reversal. A recent analysis by Eurosystem economists across a suite of models and data up to the end of 2024 suggests that estimates of r-star range from − ½ % to ½ % in real terms. In nominal terms, they find that it ranges between 1¾ % and 2¼ %.[6]

    It is clear that these ranges depend on the estimating approaches considered. Taking into account an even wider array of measures, Bundesbank staff calculations using data up to the end of 2024 reveal a range of 1.8 % to 2.5 %.[7] And the ECB found for the third quarter of 2024: When three estimates derived from versions of the Holston-Laubach-Williams model are factored in, the range of real r-star is − ½ % to 1 % and the nominal range is 1¾ % to 3 %.

    All in all, the results suggest that the range of r-star estimates most likely increased by about one percentage point from their lows. The latest estimates by economists from the Bank for International Settlements come to similar findings.[8]

    The reasons for the increase after the pandemic are not yet fully clear. For example, high fiscal spending with rising public debt levels could play a role. Or higher needs for capital, as companies make their value chains more resilient by duplicating structures and increasing stock levels.

    4 Uncertainties around r-star estimates

    Stargazing tours in economics are a journey into the uncertain. This is also and especially true for r-star. Estimates of the natural rate of interest are subject to major uncertainties, shaped by three M’s: megatrends, methodology and monetary policy.

    First, we are facing a number of megatrends. Think of climate change, ageing societies, digitalisation, and the risks of de-globalisation and increasing geopolitical divisions. The effects of these megatrends on natural rates are difficult to gauge and may change over time.

    On the one hand, they could contribute to a higher natural rate. Here are some examples: The widespread uptake of artificial intelligence could boost productivity growth. The green transition could lead to higher investment. Fiscal deficits could persist at an elevated level due to higher defence spending given geopolitical tensions. The entry of the baby boomer generation into retirement could reduce savings.

    On the other hand, life expectancy is predicted to keep rising; the high hopes for the productivity-enhancing effect of AI could turn out to be too optimistic; and given high public debt levels, fiscal space for additional spending is limited in many countries. Overall, it is virtually impossible to predict which developments will prevail in affecting r-star.

    The second factor of uncertainty is methodology. The methods used to define and estimate r-star differ in important ways, especially in terms of time and risk. 

    Ricardo Reis demonstrates this impressively in a recent paper.[9] He presents four different “r-stars”. They are based on four different conceptual approaches. And they developed quite differently between 1995 and 2019. 

    One major difference is the risk dimension. Knut Wicksell’s original definition of the natural rate was the rate of return on physical capital in equilibrium.[10] The rate of return on physical capital is the return on investment in the real economy. And this rate is very much associated with risks. 

    However, this perspective has been lost in virtually all of the model approaches. Generally, they use rather secure government bond yields as a starting point. Again, with regard to the real economy, a risky return on capital would be a more appropriate yardstick. When we look at measures for the return on private capital, we see a strong contrast with risk-free rates. Returns on private capital have remained broadly stable over the last decades in the US,[11] Germany[12] and the euro area as a whole.[13] 

    From these observations, Ricardo Reis draws the following conclusion: focusing exclusively on the return on government bonds as the measure of r-star, while neglecting the return on private capital, leads to the wrong policy advice.[14]

    Another case in point is the time horizon that is considered. Commonly cited estimates seek to assess the real rate that prevails in the longer run, when all shocks have dissipated. Most of these estimates are highly imprecise. Many methods simply project the current or the historical level of real rates into the future. This may confound permanent trends with cyclical factors, which may not be representative for the future. As a result, such methods could miss important turning points in real rate trends. 

    Other approaches characterise a short-run real rate in a hypothetical world without frictions. While interesting, this concept is of limited value for actual policymaking in the real world. Methods based on a short-term equilibrium tend to produce more volatile estimates of r-star.

    There is a third reason for caution: monetary policy itself may play a role in shaping the natural rate or its estimates. A number of studies challenge the view that money is neutral in the long run.[15] 

    There are different channels through which monetary policy could have lasting effects on real interest rates. Prolonged tight monetary policy, for example, may lower investment, innovation and productivity growth.[16] By contrast, persistent monetary easing could fuel financial imbalances and contribute to zombification.[17] 

    Moreover, recent research suggests that central bank announcements provide guidance about the trend in real rates. For instance, a narrow window around Fed meetings captures most of the trend decline in US real long-term yields since 1980.[18] This could mean: when central banks look for r-star in financial market prices, they might actually be looking in a mirror.[19] Feedback loops between monetary policy and markets could unduly reinforce their perceptions about r-star. And shifts in perceived r-star could affect actual r-star as it influences saving and investment decisions.

    5 Conclusions for monetary policy

    Against the backdrop of these major uncertainties, the final key question of my speech is this: what role can and should r-star play for monetary policy in practice?

    Let’s approach the answer with a thought experiment: Put yourself in the shoes of a monetary policymaker who only looks at r-star. The relevant interest rate with which you steer the monetary policy stance is currently 2.75 %. After a previous series of interest rate cuts, you consider whether a further cut would be appropriate.

    Your staff inform you that various point estimates of r-star range from around 1.8 % to 2.5 % in nominal terms. If r-star were at the upper end of the estimates, the policy rate would become neutral with the next rate cut. Things would be different if r-star were at the lower end of the estimates: Monetary policy would continue to be restrictive, even after several further rate cuts.

    So how would you proceed, given a certain stance you want to achieve? Beware: If you rely on a wrong estimate, your decision may have a different effect on inflation than you intended. Simply choosing the middle of the range might not be a happy medium. Around the point estimates, there are often uncertainty bands of different sizes and with asymmetries.

    As you have probably guessed: It is no coincidence that I have described this particular decision-making situation. It looks similar in the euro area ahead of the next monetary policy meeting of the ECB Governing Council at the beginning of March. After several rate cuts, the neutral rate could already be near – or there may still be some way to go.

    The President of the New York Fed, John Williams, put the problem in a nutshell when he said: as we have gotten closer to the range of estimates of neutral, what appeared to be a bright point of light is really a fuzzy blur.[20]

    The bottom line here is this: The closer we get to the neutral rate, the more appropriate it becomes to take a gradual approach. For this purpose, r-star is a helpful concept: it indicates when we need to be more cautious with policy rate moves so that we don’t take a wrong step. 

    At the same time, the limits of the concept are also clear: it would be risky to base decisions mainly on r-star estimates. Much more is needed to assess the current monetary policy stance and the optimal policy path for the near future.

    That is why the Eurosystem uses a variety of financial, real economic and other indicators along the monetary policy transmission mechanism. We want the fullest picture possible. And, of course, r-star also has a place in this picture. For instance, r-star is included in model-based optimal policy projections that we use in the decision-making process.

    In my opinion, proceeding in a data-driven and gradual manner has served the ECB Governing Council well. There is no reason to act hastily in the present uncertain environment. The data will tell us where we need to go.

    Away from day-to-day monetary policymaking, the concept of the natural rate of interest provides a useful framework. This is also exemplified in the policy scenarios that Ricardo Reis presented last week in Brussels.[21]

    He works with the assumption that government bond rates remain around current levels. I would add the assumption that inflation stays on target – actually, that is what I am in office for and committed to. Assuming output is at capacity, policy rates would be persistently higher than in the past. But the recommendations on actual monetary policy depend on the driving forces: is the new setting caused by less demand for safe and liquid assets or by an increase in productivity? And he has two more scenarios in his paper!

    That provides a good example of why we should take a close look at the factors behind r-star estimates. Here it is important to even better understand the forces that are shifting real interest rate trends. We need to find out how these forces and trends affect our work to ensure price stability.

    Reviewing our monetary policy strategy from time to time is therefore vital. That is precisely what we are doing right now in the Eurosystem. And, of course, in this process, we look at all the questions I mentioned about r-star.

    Our stargazing tour is drawing to a close. It turns out we were dealing more with dark matter than with a shining star. Just as dark matter is an exciting field for astronomers, r-star is a rewarding topic for economists.

    Using r-star alone to navigate the monetary policy universe could be like flying almost blind. But having it as one of many instruments in your cockpit is highly useful.

    I would like to end by quoting Stephen Hawking again: Mankind’s greatest achievements have come about by talking, and its greatest failures by not talking.

    Footnotes: 

    1. Wicksell, K. (1898), Geldzins und Güterpreise: eine Studie über die den Tauschwert des Geldes bestimmenden Ursachen, Jena, G. Fischer (English version as ibid. (1936), Interest and prices: a study of the causes regulating the value of money, London, Macmillan).
    2. Obstfeld, M., Natural and Neutral Real Interest Rates: Past and Future, NBER Working Paper, No 31949, December 2023.
    3. Brand, C., M. Bielecki and A. Penalver (2018), The natural rate of interest: estimates, drivers, and challenges to monetary policy, ECB Occasional Paper, No 217.
    4. Cesa-Bianchi, A., R. Harrison and R. Sajedi (2023), Global R*, CEPR Discussion Paper No 18518; Davis, J., C. Fuenzalida, L. Huetsch, B. Mills and A. M. Taylor (2024), Global natural rates in the long run: Postwar macro trends and the market-implied r* in 10 advanced economies, Journal of International Economics, Vol. 149; International Monetary Fund (2023), The natural rate of interest: drivers and implications for policy, World Economic Outlook, April, Chapter 2.
    5. On the development of risk appetite in financial markets, see Deutsche Bundesbank, Risk appetite in financial markets and monetary policy, Monthly Report, January 2025.
    6. Brand, C., N. Lisack and F. Mazelis (2025), Natural rate estimates for the euro area: insights, uncertainties and shortcomings, ECB Economic Bulletin, 1/2025.
    7. Additional models would also provide values outside this range, but are currently not deemed sufficiently robust.
    8. Benigno, G., B. Hofmann, G. Nuño and D. Sandri (2024), Quo vadis, r*? The natural rate of interest after the pandemic, BIS Quarterly Review, March.
    9. Reis, R. (2025), The Four R-stars: From Interest Rates to Inflation and Back, draft working paper. 
    10. Wicksell, K. (1898), op. cit.
    11. Caballero, R., E. Farhi and P.-O. Gourinchas (2017), Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares, American Economic Review: Papers & Proceedings 107(5), pp. 614‑620.
    12. Deutsche Bundesbank, The natural rate of interest, Monthly Report, October 2017.
    13. Brand, C., M. Bielecki and A. Penalver (2018), The natural rate of interest: estimates, drivers, and challenges to monetary policy, ECB Occasional Paper, No 217.
    14. Reis, R., Which r-star, public bonds or private investment? Measurement and policy implications, Unpublished manuscript, September 2022.
    15. Jordà, Ò., S. Singh and A. Taylor, The long-run effects of monetary policy, NBER Working Papers, No 26666, January 2020, revised September 2024; Benigno, G., B. Hofmann, G. Nuño and D. Sandri (2024), Quo vadis, r*? The natural rate of interest after the pandemic, BIS Quarterly Review, March.
    16. Baqaee, D., E. Farhi and K. Sangani, The supply-side effects of monetary policy, NBER Working Paper, No 28345, January 2021, revised March 2023; Ma, Y. and K. Zimmermann, Monetary Policy and Innovation, NBER Working Paper, No 31698, September 2023.
    17. Borio, C., P. Disyatat, M. Juselius and P. Rungcharoenkitkul (2022), Why so low for so long? A long-term view of real interest rates, International Journal of Central Banking, Vol. 18, No 3.
    18. Hillenbrand, S. (2025), The Fed and the Secular Decline in Interest Rates, The Review of Financial Studies, forthcoming. 
    19. Williams, J. C. (2017), Comment on “Safety, Liquidity, and the Natural Rate of Interest”, by M. Del Negro, M. P. Giannoni, D. Giannone, and A. Tambalotti, Brookings Papers on Economic Activity, Vol. 1, pp. 235‑316; Rungcharoenkitkul, P. and F. Winkler, The natural rate of interest through a hall of mirrors, BIS Working Paper No 974, November 2021.
    20. Williams, J. C., Remarks at the 42nd Annual Central Banking Seminar, Federal Reserve Bank of New York, New York City, 1 October 2018.
    21. Reis, R. (2025), op. cit.

    MIL OSI Economics

  • MIL-OSI Economics: The European Financial Industry of the Future | 6. Frankfurt Digital Finance Conference & European Fintech Day

    Source: Bundesbank

    Check against delivery.

    Ladies and gentlemen,

    I’m glad to join you today at the “Gesellschaftshaus Palmengarten”. Its history goes back to the 19th century. It was the “Gründerzeit” or “founders’ period” – an era of strong economic expansion in Germany – when this building was constructed. And when Germany was developed as an industrial location. Developed by people, men and women, lead by curiosity, innovation, and a desire to achieve.

    We have to cast our minds back a few years to see times of growth, real innovation and increasing productivity in Europe.

    1 The role of the financial industry

    In the 2010s Germany had a period of solid growth that some called “the golden decade”. 

    Today, however, we see a need for growth and increasing productivity. Hence, our competitiveness is at stake. Not only in Germany, but also in other parts of Europe. And this comes at a time, when we are facing numerous major challenges:

    Consider the significant geopolitical uncertainties of our time – which make a rethink necessary in many respects. Also consider the digitalisation of large parts of our economy, incl. disruptive AI. And think about the climate-related need for an ecological transformation.

    Financing all of this requires a substantial amount of capital.

    This is where the financial industry comes in: The financial industry can act as an enabler of growth in the real economy. Growth that is so much needed right now.

    Looking forward, the financial industry could translate growth potential into real growth in many fields – digitalisation, AI, clean tech, pharma, biotech any many more.

    In sum, there are huge business opportunities for Germany and the EU. And we need the Financial industry to take advantage of the business opportunities. 

    But let us not forget that innovation happens in many places – at start-ups but also at well established companies. We need to make sure that a variety of funding sources are available to support our real economies.

    We need a specific financial ecosystem that enables young, innovative companies to flourish. Be it VC, PE, etc. We need established capital markets. Above all, we need a strong and healthy banking sector that supplies our economy with sufficient credit.

    That means: We need both traditional loans and venture capital. In any case, all the pockets of the financial industry provide the basis for a growing economy. It’s also the basis for the ecological transformation. 

    The German Council of Experts on Climate Change published [a week ago] new figures on the investment needs estimated for the transition towards net-zero economic activity. Those investment needs range between 135 and 255 billion euro – each year for Germany alone.[1] That’s a lot.

    Let’s now have a closer look at the digitalization including AI.

    2 Artificial intelligence: innovation and competitiveness

    The term artificial intelligence (AI) was coined in the middle of the 20th century. But it was the release of ChatGPT in November 2022 that marked a breakthrough. For the first time it became possible to use an AI system without detailed technical knowledge.

    Nowadays almost anyone can use AI. The importance of responsible AI practices on the increase – as highlighted in the latest Declaration by the G20.[2]

    There are important questions – to which, to be honest, there are no simple answers:

    Are the opportunities and risks of AI balanced? 

    Does AI lead to a global fragmentation, to a new barrier between those who use AI and those who don’t? 

    Does AI, as a general-purpose technology, help us better manage economic challenges?[3]

    One example of the latter point: Many societies are lacking skilled labour due to demographic change. Here, the use of AI could provide a solution by increasing efficiency or substituting human services. AI can also help drive innovation. 

    AI enables both incremental and disruptive innovation across all parts of society: 

    • by facilitating faster decision-making
      • optimizing existing processes, 
      • or by collecting, processing and using huge amounts of data.

    It fosters creativity, supports scientific breakthroughs, and unlocks opportunities for entirely new industries and business models – a potential, albeit disruptive, growth engine.

    Nevertheless, human creativity is still a key driver of innovation. In 2023, individuals or SMEs filed almost one in four patent applications in Europe.[4]

    Today, we are at a crucial stage: With international competition on the one side and technical and intellectual skills on the other. AI models from the United States are well-known and often considered state of the art. China in particular has recently come up with new and apparently very efficient language models. However, the discussion about the background is not yet complete.

    In Europe, we have to do our utmost to keep up with the pace. An important initiative recently came from France: In Paris the “EU AI Champions Initiative”, a high-level summit, was held at the beginning of this week.

    President Macron mentioned a funding volume of roundabout € 109 billion for AI in France. This approach is very encouraging for other EU member states. By comparison: USPresident Trump has mentioned USD 500 billion for his “Stargate” plan in the US. 

    Despite these substantial investments, there is no guarantee of success. On the other hand, we must not allow ourselves to be deterred by possible failures. One example is the French AI chatbot LUCIE, which has been taken offline after giving some weird answers. I am sure France will take this as a chance to try even harder.

    The narrative with all kind of innovation is: Accept failure to grow. The pioneers of the “Gründerzeit” – which I mentioned earlier – knew this only too well.

    We need this kind of courage to embrace a “culture of trial and error”. It provides an important impetus to do things better. On the other hand, we have to ensure that new technology does not cause severe damage. Especially because AI is a relatively new technology with unknown potential and consequences for the entire society.

    Risks can arise for the financial system, but much further afield as well. Imagine, risk management or investment advice would be provided mainly by AI. Would this mean that investment recommendations are becoming more and more similar? Would we have concentration of risks? And what consequences would this have for financial stability?[5]

    Even more far-reaching questions concern our society.

    The core question is: What does AI mean for our democracies, for our constitutions, for our fundamental rights? Specifically, we need to ask ourselves: Where is AI beneficial and where do we need clear rules.

    In other words: What are the basic rules for using this technology?

    It is therefore necessary to find a compromise between having the courage to innovate – and clear rules.

    3 Strengthening the financial industry

    Regardless of how we deal with AI, we have to return to the issue of financing its development. As indicated earlier, the financial industry, as an enabler, has an important role to play.

    Given the challenges of our time I mentioned earlier, it is vital to strengthen the European financial industry. 

    Let me highlight only two measures:

    First, we need to get started on improving start-up funding. In 2024, more than 2,700 innovative start-ups were founded in Germany, the second-highest count after the record year of 2021. There is no shortage of innovative concepts and entrepreneurship per se, but implementation is lacking. 

    Further completing the European capital markets union (CMU) is essential in this respect – promoting the development of the VC and private equity market as well as exit options for start-ups. The European Commission’s “Competitiveness Compass”, published recently, 29 January 2025, is a good start. 

    Second, we need to leverage digital technologies to create efficient, integrated and resilient European financial markets. The digital CMU could be a game changer in this respect. 

    Let me make it perfectly clear: Europe is a leader in this field. 

    We at the Bundesbank are engaged in several initiatives. And we have a prominent role to play in the development of a central bank digital currency (wholesale CBDC).

    4 Conclusion

    Ladies and gentlemen, let me sum up: And I can be very brief, but still to the point.

    The European Financial industry has to become an enabler of growth. Our Financial industry is key to ensure that the European economy stays competitive. 

    Thank you very much. 

    MIL OSI Economics