Category: Europe

  • MIL-OSI Global: Israel’s relations with the UN hit a new low with Unrwa ban

    Source: The Conversation – UK – By Lisa Strömbom, Ph D, Associate Professor, Lund University

    Israel’s relationship with the United Nations has historically been strained, but over the past year, tensions have reached new levels. On October 28, the Israeli parliament (the Knesset) passed a law to prohibit operations of the UN’s relief and works agency (Unrwa) – the UN body responsible for Palestinian refugees – within the territory it controls. It’s a legal and political development which many fear will have grave humanitarian consequences for Palestinians in Gaza and beyond.

    The decision also prompts questions about what lies ahead for the increasingly divisive relationship between the government of Benjamin Netanyahu and the UN. There is even speculation that the Unrwa ban could lead to Israel being expelled from the UN general assembly.

    Israel’s relations with the UN have long been fractious. But Unrwa has come in for particular criticism from successive Israeli governments over the years.

    The agency was set up in 1949 to support Palestinian refugees displaced during the 1948 Arab-Israeli war. What was originally intended to be a temporary agency has now operated for more than seven decades, thanks to the unending hostilities between Israel and the Palestinian people. In addition to humanitarian assistance, Unrwa provides education, healthcare and a range of social services to Palestinians in Gaza and the West Bank.

    Unrwa’s schools have been a particular bugbear for Israeli critics. It has been pointed out that textbooks provided by the Palestinian Authority and used in some Unrwa schools were “pivotal in radicalising generations of Gazans”. There have also been allegations that money intended to support Unrwa relief works has been finding its way to Hamas.

    But it was the alleged involvement of Unrwa employees in the October 7 attack on Israel, spearheaded by Hamas, that brought the issue to a head earlier this year. In January, Israel presented Joe Biden’s US administration with a dossier that purported to present evidence that 12 Unrwa staff had taken an active part in the attack. The UN announced it had dismissed the surviving staff named in the dossier – but the accusations led several countries to suspend their Unrwa funding.




    Read more:
    Gaza conflict: what is UNRWA and why is Israel calling for its abolition?


    Unrwa’s commissioner-general, Philippe Lazzarini, described the suspension of funding as a “collective punishment”. He said it would have grave consequences for Gaza’s civilians who were – and remain – at high risk of famine.

    An independent review set up by Lazzarini reported in April and found no evidence that the agency had been infiltrated by Hamas. Instead, it stressed how Unrwa’s work was an “indispensable lifeline” for civilians in Gaza and the West Bank. As a result, international funding of Unrwa was resumed by all countries but the US.

    At loggerheads

    Now Israel has gone a step further and banned Unrwa operations. This appears to be the latest blow in a campaign of hostility against the UN that has been years in the making.

    In recent years, Netanyahu’s anti-UN rhetoric has escalated considerably. In 2022, the UN general assembly (UNGA) voted in favour of a resolution calling for the International Court of Justice to give its opinion on Israel’s “prolonged occupation, settlement and annexation of Palestinian territory”. Netanyahu called the decision “despicable”. He refused to recognise the vote, saying:

    Like hundreds of the twisted decisions against Israel taken by the UNGA over the years, today’s despicable decision will not bind the Israeli government. The Jewish nation is not an occupier in its own land and its own eternal capital, Jerusalem.

    Netanyahu condemns ‘despicable’ UN vote.

    During the past year, as it has continued its assault on Gaza, Israel’s efforts to delegitimise the UN have also intensified. At the beginning of October, after Iran had launched a barrage of rockets at Israeli military installations, Israel barred the UN secretary general, António Guterres, from entering the country. Foreign minister Israel Katz commented: “Anyone who cannot unequivocally condemn Iran’s heinous attack on Israel … does not deserve to set foot on Israeli soil.”

    Meanwhile, units of the Israeli Defense Forces (IDF) have been involved in a number of incidents which have threatened the safety of UN peacekeepers in southern Lebanon (Unifil). The peacekeepers are there under a mandate to safeguard Lebanese civilians in the area, where Israel has been conducting what it calls its “military operation” since the beginning of October. Many scholars of international law believe the IDF’s actions could be interpreted as war crimes.




    Read more:
    Is targeting UN peacekeepers in Lebanon a war crime? Here’s what international law says


    This in turn led to a public spat with the French president, Emmanuel Macron. Calling on Israel to respect the neutrality of Unifil peacekeepers, Macron said Netanyahu should “not forget that his country was created by a decision of the UN” – to which Netanyahu replied:

    It was not the UN resolution that established the state of Israel, but rather the victory achieved in the war of independence with the blood of heroic fighters, many of whom were Holocaust survivors, including from the Vichy regime in France.

    The last clause was a pointed reminder that a section of the French government collaborated with the Nazi regime in the extermination of French Jews.

    International condemnation

    But it’s the decision to bar Unrwa from Israel that has drawn the harshest international criticism, and which threatens to further isolate the country diplomatically. The UN secretary general has been joined by the EU and US in urging Israel to reconsider.

    Washington has already been highly critical of what it describes as “Israeli efforts to starve Palestinians” in parts of Gaza, and the US and UK are both reported to be considering suspending arms sales to Israel.

    Amnesty International, meanwhile, said the law “amounts to the criminalisation of humanitarian aid and will worsen an already catastrophic humanitarian crisis”. But Israel has signalled it intends to hold firm, while insisting it will “continue to do everything in its power” to ensure that aid continues to reach “ordinary Gazans”.

    But the vast majority of Gaza’s population is now displaced. Most of the built infrastructure – including hospitals – has been destroyed. And Israel’s military operations are forcing most civilians out of the north of the Gaza Strip. So, the question now is whether the effective crippling of the largest international aid agency working in Gaza will simply make matters worse for the people living there.

    Lisa Strömbom 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. Israel’s relations with the UN hit a new low with Unrwa ban – https://theconversation.com/israels-relations-with-the-un-hit-a-new-low-with-unrwa-ban-242512

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Housing (Scotland) Bill rent cap proposed

    Source: Scottish Government

    Increases capped at CPI+1% up to a maximum of 6%.

    An amendment to the Housing Bill will set out how rent increases will be capped in areas where rent controls apply, subject to the approval of Parliament.

    In response to stakeholder feedback, rent increases would be limited to the Consumer Price Index (a measure of inflation) plus 1%, up to a maximum increase of 6%. If approved, the rent cap will apply to rent increases both during the term of a tenancy and in between tenancies, and will only apply in areas where rent control is applied.

    Where it applies, the rent cap will stabilise rents – supporting tenants and helping to tackle poverty, whilst providing appropriate protection for the property rights of landlords and supporting investment.

    A consultation in Spring 2025 will seek views on how powers that allow exemption from rent controls or rent increases above the cap could be used by Scottish Ministers.

    Housing Minister Paul McLennan said:

    “The Housing (Scotland) Bill includes a package of reforms which will help ensure people have a safe, secure, and affordable place to live.

    “Eradicating child poverty remains this government’s priority and having a home can make a direct contribution to achieving this. This is why ensuring families can have secure and affordable homes that meet their needs is part of our approach to tackling the housing emergency.

    “There is a consistent view that Scotland needs a thriving private rented sector – one that offers good quality, affordable housing options and values the benefit that investment in rented property delivers. This announcement provides certainty for tenants and continues to encourage investment.

    “Setting out the form of the rent cap in this way – with CPI as the basis – allows for a reflection of the costs to landlords of offering a property for rent whilst offering protection for tenants in terms of limiting more significant rent increases.

    “We are bringing forward a system of rent control that works for Scotland – a system that supports stabilisation of rents for tenants, whilst ensuring there can be a balanced approach that provides appropriate protection for the property rights of landlords and supports investment in the development of rented homes.”

    Background

    Minister for Housing: Statement on Housing (Scotland) Bill

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Preston City Council commended in a recent report for its dedication to Community Wealth Building

    Source: City of Preston

    The Centre for Local Economic Strategies, (CLES) recently released ‘Powering Up Planning’, a report investigating different councils’ approach to using the planning system to deliver better outcomes for their towns and cities and how the planning system builds community wealth.

    The findings in the report, were compiled through roundtables and conversations with local authority representatives, planners and planning authorities from across the UK, interested in sharing insights on how their work is demonstrating the social value impact that can be achieved by applicants within the existing planning system.

    In the report’s case studies, CLES took a deep dive into Preston, Salford, Islington and Scotland’s approach to creating Community Wealth Building through the planning system and how it benefited the community.

    Preston was commended for becoming a champion for Community Wealth Building in 2012, when the Council and anchor partners adopted a more active approach to using their procurement spend, land and other assets, and role as major employers to support the development of a more inclusive local economy.

    In 2017, Preston City Council adopted the Central Lancashire Employment and Skills Supplementary Planning Document (SPD) to deliver its ambitions for Community Wealth Building, particularly with regards to local employment and skills. As a requirement, the SPD insists that planning applications for major commercial, employment and residential developments must include an Employment and Skills Statement (ESS).

    Aligning with the SPD, Preston City Council developed Building Foundations, a bespoke and innovative partnership with Calico Enterprise Ltd, a social enterprise based in East Lancashire. Planning applicants can choose to pay Calico to act for the Council and review an ESS which they (the applicant) have prepared; or engage Calico directly to prepare an ESS on their behalf. The cost of monitoring the delivery of all approved ESSs is met through the Section 106 agreement1.

    Building Foundations connects developers with local partners and the Council’s Community Engagement team to encourage the promotion of employment, training and skills to local residents, helping to meet targets approved in ESSs.

    Since Building Foundations was established in November 2021, three developments in Preston East, have been completed under the new partnership, all of which have met or exceeded the targets set out in the ESS.

    There are now 17 signed Section 106 agreements, which require a developer contribution to monitor the delivery of the approved ESS.

    Highlighting the success of this initiative, in June 2024, Preston City Council and Calico were commended for their Building Foundations partnership at the Royal Town Planning Institute North West Awards in the “Excellence in Planning for a Successful Economy” category.

    The Cabinet Member for Community Wealth Building, Councillor Valerie Wise said:

    “The inclusion of Building Foundations in the CLES report and the project’s commendation at the Royal Town Planning Institute’s North West Awards provides more evidence of how Community Wealth Building is benefiting local people by improving access to good jobs and training. We look forward to seeing more jobs and apprentices on sites across the city as more developers start delivering their employment and skills commitments.”

    This new report highlights good practice in applying the principles of Community Wealth Building in innovative ways at Preston and other local authorities to deliver benefits to residents.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Council Leader calls for tougher measures against nuisance fireworks and disorder

    Source: Scotland – City of Edinburgh

    Council Leader Cammy Day has today repeated his calls for a complete ban on the public sale of fireworks and tougher sentences for those misusing them and causing public disorder.

    Councillor Day said:

    We all remember vividly the shocking scenes we saw last year with emergency services being attacked while trying to do their jobs. And more recently the appalling reports of violence and antisocial behaviour with buses and cars coming under attack. Whilst this isn’t an issue unique to Edinburgh, or indeed Scotland, I’m clear that this sort of behaviour has no place in our city.

    It’s long been my view that we need to ban the public sale of fireworks, given the potential risk to health, if misused, but also the unnecessary fear and alarm they cause in our communities.  I will be writing to my colleagues in the UK Government to request a review of the legislation, as well as the Crown Office to ask for tougher sentences for those found guilty of committing these crimes.

    I’m determined to do everything within our power to prevent a repeat of last year. Earlier this week I chaired the latest multi-agency meeting with colleagues, the police and fire service as part of our ongoing preparations, and the implementation of our firework control zones, which come into effect tomorrow (1 November). In addition to FCZs, we’re also increasing patrols from our waste services to collect items that could potentially be set alight.

    Bonfire Night should be an opportunity for communities to come together to celebrate and spend time together. I would urge everyone in the city to only attend organised displays and look out for one another. Please work with us and our fantastic emergency services to help make it a safe and enjoyable occasion this year. If you witness any criminality, please call the police on 101.

    I want to thank our emergency services once again for the professional and measured way they carry out their duties under the most difficult of circumstances. Police officers, firefighters and paramedics have a tough enough job already without being subjected to violence and abuse. Please show them the respect they deserve this Bonfire Night.

    Chief Inspector Mairi Creanor added:

    We know that certain areas of Edinburgh experienced unprecedented levels of disorder during Bonfire Night last year, and because of this a significant number of officers responding to the incidents that arose sustained a range of injuries.

    The unacceptable actions of a minority of individuals left communities in a state of alarm and put the safety of emergency service workers at serious risk of harm.

    Such offences cannot and will not be tolerated and detailed planning has been undertaken since last year to ensure we have appropriate resources in key areas and can provide additional support should they be required.

     It is an offence to use fireworks in any manner within a Fireworks Control Zone and we will take appropriate action against anyone in breach of an FCZ over the Bonfire Night period.

    This is just one of the tools at our disposal and we’ll continue to work with key partners to keep our communities safe and bring those intent on causing harm to justice.

    Further Information

    Firework Control Zones will come into effect in four areas of the city – Niddrie, Calton Hill, Seafield and Balerno – from 1 to 10 November, making it a criminal offence to use fireworks (excluding sparklers and indoor fireworks) unless part of a licensed display.

    There are a number of organised events taking place across the city. Full details are available on the council website.

    Published: October 31st 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Leader’s statement ahead of Islamophobia Awareness Month

    Source: City of Manchester

    Leader of the Council celebrates the contribution of Manchester’s Muslim communities ahead of Islamophobia Awareness Month.

    Cllr Bev Craig said:

    “Manchester is a city which is proud of its diversity and celebrates the role which all of our communities play in making our city the phenomenal place it is. This very much includes Muslim communities which make up a significant proportion of our population and contribute enormously to city life. 

    “This Islamophobia Awareness Month it feels more important than ever to celebrate the contribution our Muslim communities make to the city. We will not tolerate hatred directed towards them, or any communities, from those seeking to sow division. This is a city where we stand together against prejudice and discrimination.”

    MIL OSI United Kingdom

  • MIL-OSI Security: A murder investigation has been launched following the death of a woman in Enfield

    Source: United Kingdom London Metropolitan Police

    Police were called at 16:53hrs on Wednesday, 30 October to reports of an unresponsive woman at a residential address on Westerham Avenue, N9.

    Officers and London Ambulance Service [LAS] attended. At the scene a 62-year-old woman was found with stab injuries. Sadly, despite the efforts of medics, she was pronounced dead at the scene.

    A murder investigation was launched led by Detective Chief Inspector Sarah Lee of the Met’s Specialist Crime Command who said: “Although we are in the very early stages of our investigation I can confirm that we have arrested a 55-year-old woman on suspicion of murder. She is currently in custody.

    “I would like to reassure local people that we are not seeking anyone else in connection with this incident. We believe that the victim and suspect were known to each other and there is no indication of any ongoing risk to public safety.”

    The victim’s family has been notified. They will be supported by specialist officers.

    A post-mortem examination will be scheduled in due course.

    Detective Superintendent Marco Bardetti leading local policing in Enfield and Haringey said: “I know that local people will be concerned by this shocking loss of life and there will be a heightened police presence in the area in the coming days to provide reassurance.

    “A crime scene remains in place, and I would like to thank local people for their patience while our Specialist Crime colleagues, supported by local officers, conduct their enquiries.

    “If you are concerned or worried please do feel free to approach officers as they patrol or contact your local Neighbourhood policing team.

    “Our thoughts are with the victim’s family at this sad time.”

    Anyone with information that may assist the investigation team is asked to call 101 or post on X @MetCC quoting 5420/30OCT24.

    To remain 100 per cent anonymous call the independent charity Crimestoppers on 0800 555 111 or visit crimestoppers-uk.org.

    MIL Security OSI

  • MIL-OSI Video: The EU is offering support to Spain’s affected areas

    Source: European Commission (video statements)

    President Ursula von der Leyen:

    ”What we’re seeing in Spain is devastating.

    My thoughts are with the victims, their families and the rescue teams.

    The EU has already offered support.

    Copernicus has been activated.

    The #EUCivilProtection can be mobilised.

    Europa está lista para ayudar”

    https://www.youtube.com/watch?v=vYqi3hN-Y3s

    MIL OSI Video

  • MIL-OSI United Kingdom: Government backs UK R&D with record £20.4 billion investment at Autumn Budget

    Source: United Kingdom – Executive Government & Departments

    Yesterday’s Autumn Budget backs UK’s R&D sector with record highest ever level of government investment.

    DSIT in the Autumn Budget 2024 £20.4 billion to boost UK Science and Tech

    • The Chancellor announced £20.4 billion in investment for UK R&D to drive economic growth, including fully funding association to Horizon Europe research programme
    • Up to £520 million Life Sciences Fund to unlock £1.8 billion in private investment, advance health resilience and create high-quality jobs across the country
    • New R&D investments to power the UK’s national missions, with regional innovation accelerators supporting growth across the country

    At yesterday’s Budget (Wednesday 30 October) the Chancellor has announced the highest ever level of government investment of £20.4 billion in research and development for next year, reinforcing the government’s commitment to back the UK’s R&D ecosystem to drive economic growth and achieve its five national missions.

    The Budget will fully fund the UK’s association with Horizon Europe, providing scientists and innovators access to the world’s largest collaborative funding scheme, with over £80 billion available for cutting-edge projects under the EU scheme. DSIT’s own R&D budget has increased to £13.9 billion, and core research funding has also been increased to a record £6.1 billion, bolstering the UK’s leading research base.  

    A significant part of this Budget is dedicated to the UK’s life sciences sector, a cornerstone for positioning the UK as a leader in science and innovation, through a £520 million commitment to the Life Sciences Innovative Manufacturing Fund.

    Additionally, the Chancellor announced funding for several other programmes to be led by DSIT. Together, these investments underscore the importance of science and technology in driving economic growth essential to raising living standards and funding public services, positioning the UK at the forefront of global innovation and progress.

    Science and Technology Secretary Peter Kyle said:

    The Autumn Budget is clear recognition of this government’s view that driving economic growth and improving people’s lives cannot be done without investing in science and technology.

    That’s why we are taking R&D investment to record levels and matching our words with action by empowering researchers and businesses to solve real-world problems, grow emerging new industries and create high-quality jobs.

    DSIT’s Autumn Budget announcements include:

    Life Sciences Innovative Manufacturing Fund

    The Chancellor unveiled the Life Sciences Innovative Manufacturing Fund (LSIMF), starting with £70 million in grants, as part of a long-term commitment of up to £520 million to secure major life sciences manufacturing investments across the UK.

    This fund strengthens the country’s ability to develop and produce life-saving treatments, ensuring quicker access to vital medicines and bolstering NHS stability.

    The LSIMF is expected to unlock up to £1.8 billion in private investment, supporting thousands of high-skilled jobs and driving economic growth nationwide, while preparing the UK for future health emergencies and enhancing NHS resilience.

    R&D Missions Programme

    The new R&D Missions Programme (RDMP), which we are initially investing £25 million for, will address specific challenges our National Missions face, such as advancing healthcare and transitioning to cleaner energy. Partnering with private and third-sector organisations, this initiative aims to turn scientific advancements into real-world benefits, improving public services and quality of life across the UK.

    Spin-Out Review Proof of Concept Fund

    To support the UK’s Growth Mission, the government is investing £40 million over five years in a Proof of Concept Fund, to turn pioneering university research into successful companies. This initiative aids researchers in bringing their innovative ideas to the market, creating high-potential start-ups that drive job creation and economic growth.

    Successful spinouts like Pragmatic Semiconductor, which raised £182 million to help open its first manufacturing facility and create 500 high-skilled jobs, or Oxford Nanopore with over 1,000 employees, highlight the potential impact of research-led innovation.

    Innovation Accelerators and Made Smarter Innovation programmes

    The government has extended for a further year, two key programmes that promote innovation across UK regions and manufacturing. The Innovation Accelerator programme will continue for another year, focusing on high-potential clusters in the Glasgow City Region, Greater Manchester, and the West Midlands.

    Successes include Chemify, a Glasgow-based spin-out developing new methods for chemical manufacturing, which has since attracted £28 million in private funding, and the Biochar Cleantech Accelerator in the West Midlands, which is creating new products to support green growth. These projects demonstrate the benefits of R&D across the country and its support for regional economic growth.

    Meanwhile, the Made Smarter Innovation programme will continue to be funded with up to £37 million, and empowers manufacturers to adopt digital technologies, enhancing productivity and sustainability by connecting digital solution providers with industry. 

    Project Gigabit

    The government will invest at least £500 million over the next year in Project Gigabit and the Shared Rural Network, accelerating the rollout of digital infrastructure to underserved regions in the UK. The funding aims to deliver full gigabit coverage by 2030, ensuring fast, reliable internet access for communities and businesses, enabling equal access to digital opportunities nationwide.

    Shared Services Strategy

    DSIT will invest up to £80 million to enhance corporate functions across nine government departments. It aims to transform shared services and streamline systems, making them more efficient, modern, and cost-effective, delivering better value for taxpayers.

    Review of barriers to the adoption transformative technologies

    The government has commissioned a review led by the government Chief Scientific Adviser, Professor Dame Angela McLean, and National Technology Adviser, Dr Dave Smith, to identify barriers to adopting transformative technologies. This review will focus on the high-growth sectors in the government’s Industrial Strategy, aiming to enhance and productivity and drive growth to boost the UK economy.

    In response to today’s Budget, Sir Adrian Smith, President of the Royal Society, said:  

    It is very good news for the science sector and for the UK that the Chancellor has recognised research and innovation as a ‘crucial national asset’ for delivering long-term economic growth. 

    Protecting the science budget, despite the challenges facing public finances, and investing £20.4 billion in 2025/2026, will create conditions that generate new knowledge, boost productivity and unlock opportunities for every corner of the UK. 

    There is clear recognition that delivery of net zero and support for innovation in growth sectors, like AI, will be key to capturing these economic opportunities. 

    The Chancellor rightly recognises that investing in education and skills today lays the foundation for the UK’s future prosperity and international competitiveness. Recruitment of specialist science teachers and reform of mathematical education as part of the upcoming curriculum review will be key to delivering this pledge.

    Professor Andrew Morris PMedSci, President of the Academy of Medical Sciences, said:

    With this Budget, we are pleased that the government has recognised the pivotal role of research and innovation in powering economic growth and prosperity. The Academy will continue to support this by working with our partners to deliver the best possible outcomes for research and for the health of people everywhere. 

    It is encouraging that the Chancellor is providing much-needed stability for our research community by protecting core R&D budgets and we particularly welcome the real-terms increase in National Institute for Health Research investments, which are an important step towards delivering health research and innovations for patients across the UK.  

    The government’s commitment to fully cover the cost of the Horizon Europe programme is essential for advancing medical science and addressing global health challenges across borders and we encourage the UK research community to actively pursue these funding opportunities.

    By recognising innovation as one of the seven pillars of its Growth Mission, alongside the commitment to establish 10-year budgets in the Spring Statement and a roadmap to rebuild the NHS, the government is signalling an important shift to longer-term thinking. Stable, sustained funding is crucial for fostering productive partnerships between academia, industry and the NHS, and enabling the kind of transformative research that improves the lives of people across the UK.

    Dr Tim Bradshaw, Chief Executive of the Russell Group said:

    In a challenging fiscal landscape, we are pleased to see the government has protected the R&D budget, including core research funding, and recognised the value of research and innovation as a key pillar of the growth mission. This will allow universities to continue to deliver on growth and productivity, contributing to job creation, regional investment and advances that improve public services.

    We particularly welcome the introduction of a multi-year R&D missions programme which highlights the role of R&D in achieving the government’s top priorities, including the Industrial Strategy. We are also very encouraged to hear that full funding has been made available for our association to Horizon Europe. In both of these areas we will be working with our partners across industry and academia to maximise the benefits for the UK.

    Continuing to grow R&D investment for the UK, including in fundamental research, will be crucial to creating new industries, leveraging private investment and delivering high-value jobs across the country.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New time capsule buried at Derby Market Hall

    Source: City of Derby

    A new time capsule has been sealed within the walls of Derby Market Hall, containing a snapshot of life in Derby in 2024 for future generations to uncover.

    Construction partner Wates and Derby City Council joined together to inter the capsule at a special event on Thursday 31 October. The new capsule now sits alongside two others, dating from 1864 and 1938, that were uncovered during the £35m refurbishment of the historic venue.

    These two previous capsules went on display at the Local Studies Library, where they captured the imagination of visitors who provided their own suggestions of items to include in this latest capsule.

    All key partners involved in the project have provided items including letters from Councillor Nadine Peatfield, Leader of the Council, and Tim Wates, Chairman at Wates.

    Architects Lathams have provided architectural drawings, while Hemingway Design, branding partner for the project, have included a copy of the new visual identity document.

    The capsule itself is a length of pipe provided by Cadent Gas, and Sealed within are a diverse range of items, contributed by businesses across the city, that reflect life in Derby in 2024.

    This includes a 3D printed submarine from Rolls Royce, the latest Food and Drinks guide from Marketing Derby, and a model Toyota Corolla.  A selection of photos showcase Derby’s diverse communities and vibrant events, including 2024’s Derby Pride, the 2023 Lantern Parade and Caribbean Carnival.

    The £35m transformation of the historic Market Hall – which is partly funded with £9.43m from the Government’s Future High Streets Fund – is well underway, providing a new hub for creatives, makers and traders, building on the city’s heritage of innovation and industry.

    Businesses throughout the region are registering their interest in operating from the refurbished Market Hall, which will bring together the best of the region’s independent shopping, eating, drinking and entertainment when it reopens in Spring 2025.

    Councillor Nadine Peatfield, Leader of Derby City Council, said:

    This is an exciting moment in the Market Hall project as we seal a snapshot of 21st Century life for generations to come.

    I’m overwhelmed by the response to this project. We have so many businesses and groups represented in this capsule, giving future generations a real insight into what life was like here in Derby in 2024.

    It’s a strange concept, not knowing when these items will be uncovered. I hope that whenever this capsule is opened, people will get a sense of what life was like in Derby in 2024 and see it as a vibrant, diverse and thriving city.

    All that is for the future, but for now we’ll continue to press on with the refurbishment and I look forward to seeing the Market Hall open again in 2025.

    Tim Wates, Chairman for Wates, said:

    It was an honour to include a piece of Wates in the time capsule. Wates is proud to have managed the regeneration of this Grade II Listed Victorian Market Hall, originally designed by Derbyshire engineer Rowland Mason Ordish, into a vibrant cultural and retail destination. Guided by our commitment to reimagining spaces where people can thrive, we’ve focused on preserving heritage while enhancing accessibility, safety, and wellbeing. We’ve worked diligently to create a space that supports diverse uses, with the goal of revitalising the city’s day and night-time economies. Time will tell if the capsule is recovered, but it is a legacy we are proud to be involved in.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Change of His Majesty’s Ambassador to the Dominican Republic

    Source: United Kingdom – Executive Government & Departments 3

    Dr Carol van der Walt has been appointed His Majesty’s Ambassador to the Dominican Republic in succession to Mr Mockbul Ali OBE.

    Dr Carol van der Walt

    Dr Carol van der Walt has been appointed His Majesty’s Ambassador to the Dominican Republic in succession to Mr Mockbul Ali OBE. Dr van der Walt will take up her appointment during November 2024.

    Curriculum vitae

    Full name: Carol Ann van der Walt

    2020 to 2024 FCDO, Deputy Head Latin America Department
    2018 to 2020 DExEU, Head of Crown Dependencies and Overseas    Territories Team
    2017 to 2018 FCO, Head of Diversity and Inclusion Team, Human Resources Department
    2013 to 2017 Oslo, Deputy Head of Mission
    2011 to 2013 FCO, Head of EU Strategic Policy Team, European Union Department (Future of Europe)
    2011 FCO, Head of EU Strategy Team, European Union Department (Internal)
    2009 to 2011 FCO, Senior Political Analyst, Overseas Security Information for Business, Global Issues Department
    2008 to 2009 FCO, Head of Training Strategy, Business Engagement Group, Information & Technology Department
    2003 to 2008 Maternity Leave, Special Unpaid Leave
    1998 to 2003 Brussels, Second Secretary, UK Permanent Representation to the EU
    1998 to 1999 FCO, Fisheries Officer, Aviation and Maritime Department
    1998 Joined FCO

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Putin’s illegal war on Ukraine is reckless and self-harming: UK statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments

    Statement by Fergus Eckersley, UK Minister Counsellor, at the UN Security Council meeting on threats to international peace and security.

    Let me start with a basic fact. Western support for Ukraine’s self-defence is both legal and moral. Any support for Russia’s act of aggression, whether by Iran, DPRK or anyone else, is neither.

    Russia calls these meetings to talk up the scale and costs of Western support for Ukraine, to try to undermine public support, and to claim the West is the aggressor. But their concerns should really be closer to home.

    It is clear where President Putin’s priorities lie: defence and national security will consume over 40% of Russia’s entire federal spending next year – a post-Soviet record high, exceeding expenditure on healthcare, education, and the environment combined.

    Let me repeat that: the Russian government is spending more on killing Ukrainians and trying to steal their land than it is on the health and education of its own people, and the environmental protection of its own territory, all put together.

    It is reckless and it is self-harming.

    It has fueled inflation, forced interest rates up to a 20-year high, and increased dramatically the cost of government, corporate and household borrowing.

    As a consequence, Russia has become poorer than all G7 and EU countries on a per capita basis, including Eastern bloc states.

    The more Russian capital is funneled into defence spending, the weaker the finances of the Russian economy, which will directly harm the livelihoods and futures of Russia’s own people.

    The costs of Russia’s aggression go further. Not only is the Russian government finding it harder to recruit Russians to sacrifice their lives for its illegal war, they are also haemorrhaging human capital at home.

    Russian citizens are leaving Russia at a rapid rate, especially high-skilled workers. 668,000 people left Russia in 2022, causing severe labour shortages. That’s in addition to the over 600,000 casualties on the battlefield in Ukraine. It’s no surprise that Russian economists have predicted these labour shortages are set to continue.

    So Russia’s out-of-control defence spending is not only wholly unjustified; it is not only a recipe for misery and suffering in Ukraine; it is not only driving global instability– it is also hugely damaging to Russia itself.

    We urge Russia to take a different path, and to bring to an end its illegal, unprovoked and self-harming invasion.

    Until then, we will continue to provide Ukraine with the support it requires to defend itself and to secure a just and lasting peace in line with the UN Charter.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Security: Defense News: USS Oak Hill Arrives in Limassol, Cyprus

    Source: United States Navy

    While in Limassol, embassy leadership from Australia, France, the U.K., and the U.S., are scheduled to visit Oak Hill for a key-leadership engagement.

    Marines assigned to the 24th Marine Expeditionary Unit (24th MEU) Special Operations Capable (SOC) will be returning to Oak Hill from a two-week training exercise conducted in Cyprus.
    “Our visit to Cyprus enables us to re-embark the 24th MEU who recently executed some interoperability training with the Cypriots, and also host key leadership from other partner nations to continue to build and strengthen our relationships,” said Cmdr. Jason Nowell, Oak Hill’s commanding officer.

    Oak Hill previously visited Limassol in September for a 10-day port visit and conducted a mid-deployment voyage repair (MDVR) and preventative, scheduled maintenance.
    Oak Hill’s return to Limassol allows the embarked Sailors and Marines to further explore the Cypriot culture, food, and history within the city.

    “The Sailors and Marines onboard Oak Hill are excited to return to Limassol,” said Nowell. “We were recently here to conduct some scheduled maintenance, and the crew was able to enjoy the rich culture, food and are eager to return.”

    Oak Hill is conducting operations as part of the Wasp Amphibious Ready Group (WSP ARG)-24th MEU (SOC) in the U.S. 6th Fleet and U.S. Naval Forces Europe-U.S. Naval Forces Africa (NAVEUR-NAVAF) areas of operations, supporting U.S., Allied and partner interests in the region, including in the Eastern eastern Mediterranean Sea, to continue promoting regional stability and deterring aggression.
    The WSP ARG-24th MEU (SOC) is comprised of its flagship namesake, the amphibious assault ship USS Wasp (LHD 1), San Antonio-class amphibious transport dock ship USS New York (LPD 21), Oak Hill, and the embarked 24th MEU (SOC).

    The 24th MEU (SOC) is a Marine Air-Ground Task Force (MAGTF) with a command element, Aviation Combat Element, Marine Medium Tiltrotor Squadron 365 (Reinforced), Ground Combat Element, Battalion Landing Team 1/8, and Logistics Combat Element, Combat Logistics Battalion 24.

    To learn more about USS Oak Hill, please visit our Facebook page: https://www.facebook.com/ussoakhilllsd51
    To learn more about WSP ARG-24th MEU (SOC), please visit our DVIDS feature page: https://www.dvidshub.net/feature/wasparg24thmeu

    MIL Security OSI

  • MIL-OSI Security: Defense News: The Department of the Navy is Establishing a Naval Strategic Studies Group (NSSG) Program

    Source: United States Navy

    The Department of the Navy is establishing a Naval Strategic Studies Group (NSSG) program in January administered by the DON Office of Strategic Assessment (OSA).

    The NSSG will be modeled after the Strategic Studies Group created during the Cold War, which had a twofold mission to train future flag officers in strategic thinking and to conduct research on some of the DON’s most vexing strategic challenges.

    The first cohort will include uniformed and civilian members from the Navy and Marine Corps. These plank-owners will conduct a capstone research project that advances Secretary of the Navy Carlos Del Toro’s strategic maritime statecraft initiative.

    “I expect my seasoned, mid-grade officers to be brilliant on naval tactics and operations by the time they report for graduate education,” Del Toro said. “I need future flag and general officers who will think strategically about how to lead naval forces in an increasingly contested maritime domain and amidst intense economic, technological and military competition.”

    The education in strategic studies the NSSG members will receive supports DON’s focus on reinvigorating the strategic workforce, under the Secretary’s enduring priority of building a culture of warfighting excellence.

    Members’ research – focused on broad strategic challenges, rather than narrower problems already addressed by fleet experimentation on specific tactics or technologies – will support DON’s aim of strengthening maritime dominance.

    “The Department of the Navy meets our nation’s maritime needs, both today and into the future. As the Office of Strategic Assessment builds a net assessment capability for the DON to understand the complex challenges we face, the Naval Strategic Studies Group will bring together a cohort of rising leaders who will address these challenges and build the strategic leadership skills to guide our Navy and Marine Corps in a dynamic and shifting global environment,” OSA Director Dr. Cara LaPointe said.

    The chief of naval operations created the previous SSG in 1981 to tackle key strategic challenges related to the Cold War. Over time, the SSG’s focus evolved to reflect the needs of the Navy until 2016, when it was sundowned.

    As the Department of the Navy returns to an era of competition, stakeholders have agreed on the need to amplify strategic leader education as the United States faces an increasingly complex web of threats that includes China, Russia, Iran and North Korea. In 2023 Secretary Del Toro released a Naval Education Strategy to guide investments to modernize naval schools and professional military education. The NSSG will focus students’ strategic leadership studies on DON’s most pressing strategic challenges for greater effect.

    “Today we face a comprehensive maritime power in the Indo-Pacific, Russian aggression in Ukraine, and Houthi attacks in the Red Sea – all of which will shape our security environment for several decades,” Del Toro said. “A revitalized, Naval SSG will help the Department of the Navy engage with and look ahead of these trends with sufficient access, resources, and guidance from leadership.”

    The first cohort will also tackle questions that will help shape the enduring NSSG program, including working with the Naval University System to deliver a world-class curriculum, and will be located in Washington, D.C.

    Lt. Gen. Benjamin Watson, the commanding general of the Marine Corps Training and Education Command, said recent conflicts have reinforced the importance of having Marine Corps leaders at all levels who can outthink the enemy.

    “Domains like information and cyber, along with the rise of non-state actors, don’t fit neatly into old frameworks. Our current operating environment demands nothing less than a renaissance in strategic thinking,” said Watson. “To stay ahead of our adversaries, we need to keep evolving—updating our training, sharpening our minds, and learning – not just observing – the lessons of contemporary conflict. The fight isn’t just on the battlefield anymore, and we need every Marine to possess the training, education, and intellectual agility to adapt and overcome.”

    Vice Adm. Daniel Dwyer, Deputy Chief of Naval Operations for Operations, Plans, Strategy and Warfighting Development, agreed the Navy needs Sailors and civilians “with superb education and training, who are able to think, act and operate differently to ensure we can defeat our adversaries.”
    “The establishment of the NSSG will enhance our culture of warfighting excellence and strengthen our maritime dominance by developing strategically minded warfighters who will be the future senior leaders of the service and will lead our Navy through uncertain times,” said Dwyer.

    Del Toro established the Office of Strategic Assessment in October 2023 and tasked the office to reconstitute the strategic studies program to help rebuild the naval strategist community.
     

    MIL Security OSI

  • MIL-OSI USA: SCHUMER: THIS IS IT! AFTER YEARS OF ADVOCACY, ALBANY NANOTECH SELECTED AS AMERICA’S FIRST NATIONAL SEMICONDUCTOR TECHNOLOGY CENTER – CREATED BY HIS CHIPS & SCIENCE LAW

    US Senate News:

    Source: United States Senator for New York Charles E Schumer

    Schumer Lands A Whopping $825 Million Initial Federal Investment And Establishes Albany NanoTech As Fed Headquarters For Semiconductor Research; A Once In A Generation Recognition Making The Capital Region A Chip R&D Center For The Entire World

    Schumer Created NSTC Program — With Albany As His North Star — And Worked Relentlessly To Secure This Prestigious Investment, Bringing Good-Paying Jobs, New Companies, And Innovation With Most Advanced Machinery In World To Upstate NY

    Schumer: A Historic Moment. Uncle Sam Just Picked Upstate NY & The Capital Region As THE Place To Develop The Future Of America’s Chip Industry

    After years of relentless advocacy, U.S. Senate Majority Leader Chuck Schumer today announced Albany NanoTech has been selected as America’s first location for the National Semiconductor Technology Center (NSTC) supported by an up to $825 million federal investment from Schumer’s bipartisan CHIPS & Science Law.

    The NSTC is a critical part of Schumer’s and the Biden-Harris Administration’s mission of re-establishing America’s leadership in the semiconductor industry and will bring together industry leaders, researchers from the nation’s top universities, innovators, and entrepreneurs to help give them access to the most advanced chip making machinery in the world and drive the next frontier of innovation.

    “This is the dawn of a new day for Upstate NY and a turning point in U.S. leadership in semiconductor research. I am proud to announce America’s first major National Semiconductor Technology Center facility will be right here in Albany. This will help ensure advancements in semiconductors that will shape the next century are stamped ‘Made in America’ and not developed and made in places like China,” said Senator Schumer. “Today, Uncle Sam is saying that Albany NanoTech is THE place for developing the next frontier of America’s technological future. I wrote the NSTC in my CHIPS & Science Law with Albany NanoTech as my inspiration, and now that dream is becoming a reality. Today we help usher in America’s next era of chip research and manufacturing, with Upstate NY leading the way.”

    The Department of Commerce and Natcast, the operator of the NSTC, will invest an initial up to $825 million to further build out equipment at Albany NanoTech, to conduct cutting-edge extreme ultraviolet (EUV) research and development (R&D), and to establish an NSTC presence with offices and support services in Albany. Today’s announcement not only makes Albany NanoTech the CHIPS for America R&D flagship facility but also the headquarters for national EUV research as the country’s NSTC EUV Accelerator. EUV technology is essential to the semiconductor industry and some of the most advanced machinery in the world, in which light is used to print patterns and make chips on wafers. EUV lithography is what has allowed the breakthroughs to make this technology nanoscopic and allows for the chips that power everything from smartphones, computers, and vehicles to artificial intelligence. Albany NanoTech will soon be one of the only two public facilities in the world with the most advanced EUV technology, a High NA Extreme Ultraviolet Lithography tool, and will be the only publicly-owned High NA EUV Center in North America.

    Schumer continued, “The NSTC is a historic and new effort by the federal government to fuel the quest to make breakthroughs in chips that engineers today cannot even fathom, just as Albany NanoTech had produced before, including most recently with the development of the world’s first 2 nanometer chip. This $825 million initial federal investment will further equip Albany NanoTech and fund EUV research projects that are central to the global chip industry, ensuring the U.S. leads the world in semiconductor innovation and manufacturing, with the Capital Region and Upstate NY central to that effort.”

    Schumer explained that the state-of-the-art new EUV facility at Albany NanoTech and today’s designation and federal investment will help the United States establish dominance in advanced semiconductor research and development. The NSTC EUV Accelerator will help address gaps in American knowledge about semiconductors and provide information to stakeholders including universities, small businesses and entrepreneurs, large manufacturers, and government agencies by providing NSTC members with access to EUV technology to facilitate research and commercialization.

    The NSTC EUV Accelerator at Albany NanoTech will be a place for leaders in the semiconductor industry to conduct research and collaborate, including bringing industry leaders like Micron, IBM, GlobalFoundries, Applied Materials, Tokyo Electron, ASML, and more to the table to partner on next-generation R&D. Being designated the EUV accelerator will also open up opportunities for Albany NanoTech and Upstate NY to attract further federal investment and help attract more companies from around the world to Albany to conduct research, all with the potential of creating more good-paying jobs and making Upstate NY a global leader in semiconductors. The U.S. Department of Commerce and Natcast intend for the NSTC EUV Center at Albany NanoTech to be operational by 2025. 

    Schumer added, “Having the federal headquarters for EUV research that is critical to the most advanced chip development in the world will benefit every corner of NY. It will supercharge the historic investments and thousands of new, good-paying jobs the chip industry has proposed across the state, spurred by my CHIPS & Science Law. The NSTC will help complete my vision of Upstate NY’s I-90 corridor becoming America’s Semiconductor Superhighway. From our Tech Hub in Western NY and Rochester to Micron’s massive $100+ billion planned investment near Syracuse and Wolfspeed’s investment in the Mohawk Valley, to now the National Semiconductor Technology Center here in Albany.”

    The NSTC, first authorized by Schumer in 2020 and then funded by the CHIPS & Science Law, which Schumer crafted and led to passage, will bridge the gap between research and industry to bolster semiconductor research and development for the U.S. and its allies. Today, practically none of the most advanced chips – which are critical to national security and growing industries like artificial intelligence – are manufactured in the United States. The research conducted through the NSTC will help ensure the U.S. remains on the cutting-edge globally in chip R&D and bring this manufacturing back to the United States, boosting local economies by creating good-paying jobs and strengthening the country’s national security.

    The EUV Center at Albany NanoTech is the first of three planned major NSTC facilities. The U.S. Department of Commerce has not yet made announcements about the NSTC’s Administrative and Design Facility and Prototyping and NAPMP Advanced Packaging Piloting Facility. Together, these three major hubs will lead the NSTC’s core functions and help fulfill the CHIPS & Science Law’s vision of developing more American-made technology and boosting America as a global semiconductor leader. The new NSTC EUV Center at Albany NanoTech will also open the doors to millions of dollars in additional awards and research opportunities with the federal government, as well as help bring in additional industry partners to leverage the state-of-the-art facilities to develop and manufacture advanced chips.

    Schumer said, “In the past two years, the federal government has made unprecedented investments in Upstate NY because of my CHIPS & Science Law. They listened when I said this community is the most qualified in the nation to bring this industry back from overseas, the most ready to build America’s future, and the NSTC is the crown jewel that will complete this vision as the centerpiece of research in the most cutting-edge chip development.”

    “From day one of my administration, I pledged that New York State would lead the charge to bring back advanced manufacturing and R&D to the U.S., creating good jobs and opportunity in the process,” Governor Hochul said. “Thanks to the winning combination of federal CHIPS funding and New York’s determination and ingenuity, the Albany NanoTech Complex will be home to the CHIPS for America EUV Accelerator, an NSTC Facility, and fuel America’s advanced manufacturing renaissance. I thank the Biden-Harris Administration, the Department of Commerce, Natcast, and our federal delegation for their partnership as we continue to work together to advance U.S. semiconductor leadership, safeguard our national security and create a brighter future for all.”

    “Building up America’s domestic semiconductor industry is critical to create good-paying jobs, protect our supply chains, and strengthen our national security, and I’m proud to see New York leading this effort,” said Senator Gillibrand. “Upstate New York is already a hub for cutting-edge semiconductor manufacturing, research, and development, and the designation of NY CREATES’ Albany NanoTech Complex as the location of the CHIPS for America EUV Accelerator will help us maintain our status as a global leader in such a vital industry. I fought hard to pass the CHIPS and Science Act, and I’m proud to see this historic legislation bring scientific innovation and economic development to the Capital Region.”

    “Today is a monumental moment for our region, for job creation, for cutting-edge research, and for our 21st century precision economy,” Congressman Paul Tonko (NY-20) said. “In the years since Congress passed the CHIPS and Science Act, I have been relentlessly advocating alongside the many stakeholders who call NY CREATES home to leverage the shovel-ready infrastructure and advanced R&D capabilities right here at the Albany NanoTech Complex. Our region has long been poised to take the reins to steer America’s semiconductor revitalization and, thanks to the pioneering work and sound investment of New York leadership, local chip manufacturers, researchers, educational institutions, and other stakeholders, that reality is upon us. I’m thrilled to celebrate this groundbreaking announcement and remain as determined as ever to secure strong federal action that delivers for American workers, consumers, and communities.”

    NY CREATES’ President Dave Anderson said, “With a legacy spanning more than 20 years of technological achievements, NY CREATES and our industry partners have been central to establishing and growing New York’s — and the nation’s — semiconductor R&D ecosystem. This is an historic moment for New York and the semiconductor industry, and we look forward to working closely with Natcast to leverage our resources, capabilities, and know-how to bring this innovative vision to fruition. We are thrilled that the NSTC at NY CREATES will become an even greater beacon of opportunity and collaboration for our partners as we transform today’s ideas into tomorrow’s technologies. Together, we can shape the future and in doing so, bolster America’s economic and national security while cementing our position as a global leader. We are grateful to Governor Hochul, whose unwavering commitment to the industry has positioned NY CREATES to host the NSTC EUV Center, and to Majority Leader Schumer, who not only helped author and lead to passage the CHIPS & Science Act but also made the case for Albany NanoTech’s leadership of the NSTC, all of which makes today’s investment possible.”

    “Nearly 20 years ago, ASML shipped one of the world’s first EUV lithography demo tools to Albany, NY. The important role that New York has played in the industrialization of this critical technology is reflected in today’s announcement that the NSTC EUV Accelerator will be based at the Albany NanoTech Complex. The first chips made using High NA, ASML’s most advanced EUV tool, will power the technology of the future: robotics, artificial intelligence, the internet of things, and beyond. As we work with partners across the industry to push technology to new limits, we applaud Senator Schumer and Governor Hochul’s clear commitment to semiconductor innovation in the U.S.,” said Christophe Fouquet, President and CEO of ASML.

    “GF applauds the decision to base the NSTC EUV Accelerator in Albany, NY. Building on years of R&D, semiconductor leadership and ecosystem partnerships, this center will stimulate innovation and work to develop the talent our industry needs to continue to grow and succeed. Congratulations to NYCREATES and thank you to Senator Schumer and Governor Hochul for their enduring leadership and commitment to strengthening both the U.S. and NY semiconductor industry,” said Dr. Thomas Caulfield, president and CEO of GlobalFoundries.

    “We are thrilled that New York State has been selected as the home of our nation’s first NSTC EUV Center. For over 20 years, IBM and our public-private partners at NY CREATES’s Albany NanoTech Complex have produced many of the technical breakthroughs that have propelled the semiconductor industry forward. Thanks to Sec. Raimondo, Gov. Hochul, Sen. Schumer, and many others, the new Center in Albany will support the United States’ mission to lead global chip innovation,” said Arvind Krishna, Chairman and CEO of IBM.

    “The compelling factors for Micron in choosing New York as home to our megafab are the rich ecosystem in support of research and development, synergistic university partnerships, an exceptional talent pipeline, and strong public support, which fosters an environment to grow semiconductor R&D in the U.S.  Micron is pleased to see that the U.S. Department of Commerce has awarded the NY CREATES Albany NanoTech Center the designation of being named the NSTC’s EUV Accelerator. Thanks to the leadership of Majority Leader Schumer and Governor Hochul, we will be able to scale our memory technology leadership and advance next-generation semiconductor R&D,” said Scott DeBoer, Micron’s Executive Vice President, Chief Technology and Products Officer.

    “The announcement of the National Semiconductor Technology Center here in New York State is a monumental step forward, not only for Wolfspeed but for the entire U.S. semiconductor industry. This Center will become a cornerstone of innovation, helping drive the research, development, and workforce training critical to meeting the world’s surging demand for advanced semiconductor technology. Thanks to Senator Schumer’s visionary leadership, New York State is now positioned at the forefront of this vital industry, advancing our nation’s technological independence and reinforcing its global leadership,” said Gregg Lowe, CEO of Wolfspeed.

    THIS HAS BEEN A YEARS-LONG EFFORT BY SCHUMER TO LAND THE NSTC IN THE CAPITAL REGION

    Schumer has worked for years to highlight Albany NanoTech and the Capital Region’s ability to lead the country’s semiconductor research and development efforts. In December 2020, after Schumer worked with key stakeholders across the semiconductor industry, including key partners at Albany NanoTech like IBM to develop the federal CHIPS programs, including the NSTC, he successfully authorized these programs in law as part of the Fiscal Year 2021 National Defense Authorization Act.

    In addition to directly highlighting Albany NanoTech to President Biden, Schumer has brought top government officials to the Capital Region to promote Albany NanoTech as a major hub for the NSTC. In July 2021 prior to the passage of the CHIPS & Science Law, Schumer brought Commerce Secretary Gina Raimondo to Albany to show that Albany is a global leader in semiconductor research and development. Schumer brought Commerce Deputy Secretary Don Graves to tour Albany NanoTech’s facility in January 2022 and National Economic Council Director Lael Brainard toured the facility in February 2024 after Schumer’s invitation. In 2023, Schumer additionally brought Albany Nanotech head David Anderson as his personal guest to President Biden’s 2023 State of the Union to highlight the facility and leadership.

    Schumer has also promoted Albany NanoTech while meeting with both semiconductor industry and international leaders. Schumer highlighted Albany NanoTech when pitching Micron to locate their massive $100+ billion megafab project in Upstate NY, which Micron said was a critical factor in their selection of Central NY. Schumer also secured a commitment for South Korea to partner with Albany Nanotech on research, pushed for increased collaboration on semiconductor R&D between Japan and the United States, pitched Albany NanoTech to major Japanese chip suppliers for further investment, and met with the leadership of Belgium’s imec on multiple occasions to discuss ways Albany NanoTech and imec can collaborate as the two global leading semiconductor public-private research institutions. Schumer said these international partnerships underscore the ability of Albany NanoTech’s unique and world-renowned assets to help forge deeper ties with allies and partners in building more resilient chip supply chains and encouraging R&D collaboration, a key national security priority of the CHIPS programs, including the NSTC.

    Late last year, Schumer and Governor Hochul announced a new $10 billion public-private investment at Albany Nanotech which will help install a High NA EUV lithography machine, the most advanced semiconductor equipment ever made, designed, and manufactured by ASML, at its Albany NanoTech Complex. Schumer said this helps uniquely prepare them to quickly lead the NSTC as one of only two public research institutions in the world home to the new advanced EUV tool. In September 2023, Schumer announced NY CREATES, which leads Albany NanoTech, as one of the first to tap CHIPS funding with a $40 million award through the CHIPS DoD Microelectronics Commons Program to establish a new consortium, known as the Northeast Regional Defense Technology Hub. In September 2024, the consortium received an additional $30 million. Schumer also recently helped secure $4.7 million from the National Science Foundation for NY CREATES to provide workforce training associated with Albany NanoTech. These funds, made possible by a program boosted in the CHIPS & Science Law, will support the establishment of the Education Alliance for Semiconductor Experiential Learning (EASEL) program to help address the growing national demand for a skilled workforce in the semiconductor industry.

    ACROSS NEW YORK THE CHIPS & SCIENCE LAW HAS DELIVERED HISTORIC INVESTMENT & IS CREATING THOUSANDS OF GOOD-PAYING JOBS

    Thanks to Schumer’s CHIPS & Science Law, Upstate New York has seen a major revival in tech manufacturing. Micron has announced plans for a historic $100+ billion investment to build a cutting-edge memory megafab in Central New York with the support of an over $6 billion preliminary CHIPS agreement. GlobalFoundries plans to invest over $12 billion to expand and construct a second, new state-of-the-art computer chip factory in the Capital Region, with support from a $1.5 billion preliminary CHIPS agreement. Wolfspeed has opened a 200mm silicon carbide fabrication facility in the Mohawk Valley, one of the largest in the world, with a $750 million preliminary CHIPS agreement accelerating their ongoing expansion in the Mohawk Valley and boosting good-paying jobs expected to be created at the Marcy facility. TTM Technologies, a printed circuit board manufacturer, plans to invest up to $130 million to expand its facilities in Onondaga County, supported by federal investment to strengthen domestic supply chains, creating up to 400 good-paying jobs. Menlo Micro will invest $150 million to build their microchip switch manufacturing facility in Tompkins County, creating over 100 new good-paying jobs. In addition, Upstate New York is home to semiconductor supply chain companies like Corning Incorporated, which manufactures glass critical to the microchip industry at its Canton and Fairport, NY plants, and following Schumer’s advocacy, Edwards Vacuum has announced a $300+ million investment to build a dry pump manufacturing facility, made possible by a $18 million preliminary CHIPS agreement, creating 600 good-paying jobs to support the growing chip industry in Western New York. Earlier this year, Schumer also secured a major $40 million in federal funding for the federally-designated “NY SMART I-Corridor Tech Hub”, one of only 12 awardees nationally, to further position Upstate NY as a semiconductor center for the world.

    MIL OSI USA News

  • MIL-OSI United Kingdom: ‘Green’ tea and economic growth on the menu at Minister’s SUKI TEA visit

    Source: United Kingdom – Executive Government & Departments

    Minister Anderson discusses UK Government’s plans for investment and growth in Northern Ireland which follows the Budget’s largest real terms settlement for Northern Ireland since devolution. 

    Minister Anderson with SUKI TEA co-founder, Oscar Wooley.

    Parliamentary Under-Secretary of State for Northern Ireland, Fleur Anderson MP, highlighted Northern Ireland’s crucial role in delivering the Government’s missions of kickstarting economic growth and making the UK a clean energy superpower during today’s (Thursday 31 October) visit to Lisburn-based global tea exporter SUKI TEA.

    Minister Anderson met with SUKI TEA’s co-founder, Oscar Woolley and took part in a tour of the factory and a tea tasting, enjoying blends which included SUKI TEA’s own Northern Ireland-grown tea. SUKI TEA uses fair trade products and as a result, are an ethically responsible company. 

    The Minister and Mr Woolley discussed the opportunities and challenges facing the company, including the £500k investment SUKI TEA has made in its eco-friendly headquarters, and the Government’s Industrial Strategy, “Invest 2035”. 

    Reflecting on the “Invest 2035” Industrial Strategy, which will be developed in lockstep with local and regional leaders, the Minister highlighted how it will enable innovative and enterprising companies like SUKI TEA adapt and grow in key areas to support Net Zero, regional growth and economic security and resilience. The public consultation on this strategy closes on 24 November. 

    Speaking after the visit, Minister Anderson said:

    SUKI TEA is a perfect example of the crucial role Northern Ireland businesses play in delivering this Government’s missions to kickstart economic growth and make the UK a clean energy superpower.

    Yesterday’s Budget was the biggest real terms settlement for Northern Ireland since devolution. 

    Stability is the foundation for growth, and I am wholly confident that yesterday’s Budget will provide a strong foundation for growth and stability for real change in Northern Ireland.

    This is why we are working closely and collaboratively with the Northern Ireland Executive to unlock greater investment, put more money in people’s pockets and boost opportunities and outcomes for everyone across Northern Ireland.

    Following today’s visit, Co-Founder of SUKI TEA, Oscar Woolley, said:

    SUKI TEA was delighted to welcome Minister Fleur Anderson to our new Eco Factory today, discussing the essential role SMEs play as the backbone of Northern Ireland’s economy, driving growth, innovation, and resilience across the region. 

    We also had the unique opportunity to taste SUKI’s locally grown tea, the first tea cultivated on the island of Ireland.

    Notes to editors: 

    • For further details on the implications of the Chancellor’s Budget on Northern Ireland, see here.
    • To view the open consultation on Invest 2035: the UK’s modern industrial strategy, see here.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Georgia parliamentary elections: UK statement to the OSCE, October 2024

    Source: United Kingdom – Executive Government & Departments 3

    Deputy Ambassador Deirdre Brown notes the results of parliamentary elections in Georgia, and calls on the Georgian authorities to investigate reported irregularities.

    The United Kingdom notes the results of the parliamentary elections in Georgia on 26 October. We support the preliminary conclusions of the ODIHR Election Observation Mission, to which the UK was pleased to be able to contribute 50 short term observers. We encourage the Georgian government to engage constructively with ODIHR and international partners to address their findings.

    The Election Observation Mission concluded that preparations for the elections were well administered, and voters were offered a wide choice. However, the preliminary conclusions highlighted concerns over the misuse of administrative resources, a highly polarised campaign environment, and widespread intimidation and coercion against voters. Along with the impact on civil society of Georgia’s Law on Transparency of Foreign Influence, these reports raise serious concerns about the commitment of the Georgian authorities to the democratic standards that the people of Georgia have a right to expect.

    The United Kingdom calls on the Georgian authorities to transparently investigate reported irregularities, including those raised by local observers. We will continue to follow this process closely together with our international partners, and look forward to ODIHR’s final report and recommendations to the Georgian government. The United Kingdom stands ready to support Georgia in a return to the values its chosen Euro-Atlantic path requires.

    Thank you, Madam Chair.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: On the recognition of the Methodology for calculating the rates of return of currency swaps as invalid

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    On November 6, 2024, the Methodology for Calculating the Moscow Exchange Currency Swap Rates of Return will cease to be valid. The Methodology defines the procedure for calculating the MOEX OISFIXUSD Currency Swap Rate of Return, the calculation of which was suspended from June 13, 2024 due to the suspension of trading in instruments settled in US dollars.

    Contact information for media 7 (495) 363-3232PR@moex.com

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

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

    https://www.moex.com/n74444

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/31/2024, 11:00 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A107EQ7 (IADOM 1P42) were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/31/2024

    11:00

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/31/2024, 11:00 (Moscow time), the values of the upper limit of the price corridor (up to 91.89) and the range of market risk assessment (up to 851.22 rubles, equivalent to a rate of 26.25%) of the security RU000A107EQ7 (IADOM 1P42) were changed.

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

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

    https://www.moex.com/n74445

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: The deposit auction of the Moscow Small Business Lending Assistance Fund will take place on 10/31/2024

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The date of the deposit auction is 10/31/2024. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 73,000,000.00. The placement period, days is 25. The date of depositing funds is 10/31/2024. The date of return of funds is 11/25/2024. The minimum placement interest rate, % per annum is 21.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 73,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 12:00 to 12:10. Applications in competition mode from 12:10 to 12:15. Setting the cut-off percentage or declaring the auction invalid before 12:25.

    Additional conditions Placement of funds with the possibility of early withdrawal of the entire deposit amount and payment of interest accrued on the deposit amount at the rate established by the deposit transaction, in the event of non-compliance of the Bank with the requirements established by clause 2.1. of the Regulation “On the procedure for selecting banks for placing funds of the Moscow Small Business Lending Assistance Fund in deposits (deposits) under the GDS” (as amended on the date of the deposit transaction), early withdrawal at the “on demand” rate, payment of interest at the end of the term, without replenishment.

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

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

    https://www.moex.com/n74447

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/31/2024, 12-11 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A101NQ1 (VBRR 1P-04) were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/31/2024

    12:11

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/31/2024, 12-11 (Moscow time), the values of the upper limit of the price corridor (up to 101.47) and the range of market risk assessment (up to 1073.93 rubles, equivalent to a rate of 10.0%) of the security RU000A101NQ1 (VBRR 1P-04) were changed.

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

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

    https://www.moex.com/n74450

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/31/2024, 12-19 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JVD25 (RusHydro09) were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/31/2024

    12:19

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/31/2024, 12-19 (Moscow time), the values of the upper limit of the price corridor (up to 95.79) and the range of market risk assessment (up to 984.49 rubles, equivalent to a rate of 7.5%) of the security RU000A0JVD25 (RusHydro09) were changed.

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

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

    https://www.moex.com/n74452

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: Trade and service enterprises choose SBP

    Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    Companies began to more actively connect payment for goods and services through the Fast Payment System (FPS) in the third quarter of 2024. In just 3 months, the number of such organizations increased by 13%. This is what they say Bank of Russia data.

    By October of this year, the number of enterprises accepting payments through the SBP exceeded 2 million. Of these, 1.7 million are SMEs. This is more than a quarter of all small companies in the country.

    The popularity of this service is also growing among citizens. 4 out of 10 people prefer to pay this way. Almost 11 million transactions per day are made for purchases, which is almost 28% of all transactions that are processed daily through the SBP.

    Preview photo: Nattakorn_Maneerat / Shutterstock / Fotodom

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

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

    http://vvv.kbr.ru/press/event/?id=21120

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 10/31/2024, 13:35 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A1031Z2 (VEB1P-29) security were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/31/2024

    13:35

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 10/31/2024, 13-35 (Moscow time), the values of the upper limit of the price corridor (up to 93.84) and the range of market risk assessment (up to 1034.68 rubles, equivalent to a rate of 15.0%) of the RU000A1031Z2 (VEB1P-29) security were changed.

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

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

    https://www.moex.com/n74455

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: Ksenia Yudaeva leaves the Bank of Russia on October 31 due to the decision to continue working outside of it (10/31/2024)

    Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    Ksenia Yudaeva, Advisor to the Chairman of the Bank of Russia, and previously First Deputy Chairman of the Bank of Russia and member of the Board of Directors of the Bank of Russia, has decided to continue her career outside the Bank of Russia.

    The Chairman of the Bank of Russia Elvira Nabiullina noted:

    “Ksenia Yudaeva made an invaluable contribution to the development of the Bank of Russia as a modern institution. It was she who helped implement the inflation targeting mechanism. Together with her, we went through a series of crises. And each time, her knowledge, ability to see the whole picture, and sharpness of reaction helped formulate an accurate response to these challenges. The fact that we managed to maintain financial stability during crises is largely due to her merit.

    We owe it to a professional team of researchers on macroeconomics, finance, banking, and the climate agenda that any central bank would be proud of. All of this will continue to help us move forward.

    We wish Ksenia Valentinovna success in all her endeavors!”

    When using the material, a link to the Press Service of the Bank of Russia is required.

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

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

    http://vvv.kbr.ru/press/PR/?file=638659756497718291ХП.хтм

    MIL OSI Russia News

  • MIL-OSI: BBAChain Pre-Seed Round Closes as Demand Surges, Seed Round Now Open

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, Oct. 31, 2024 (GLOBE NEWSWIRE) —  BBAChain is celebrating important achievements. With the project’s Pre-Seed Round completed and all BSP (BBAChain Revenue Sharing Program) packages sold out, BBAChain is positioning itself for a successful bull run.

    The Pre-Seed Round saw strong support from early backers, contributing to the success of BBAChain’s roadmap and creating a solid foundation for what’s coming. The BSP program, designed to share revenue with early participants, reached full capacity, signaling high investor interest and confidence in BBAChain’s future.

    The recent BBAChain halving event marked an important milestone for the project and a strong advantage against other blockchains, reducing BBA supply and potentially increasing the value of the coin as scarcity grows. The timing of the halving aligns with the first anniversary of BBAChain’s Mainnet, following the roadmap of the project and showing the ongoing commitment of the company to delivering on its promises.

    Now that BBAChain is launching its Seed Round, the project hopes to expand further and create partnerships that will help it achieve more. According to the roadmap, the company plans to list BBA Coin on exchanges before the end of 2024, as well as develop various aspects of the BBAChain ecosystem, such as BTI Exchange and BTI Swap.

    BBAChain’s Seed Round of financing has officially started, welcoming not only VCs, angel investors, accelerators, and incubators, but also retail investors and anyone who wants to be part of the next cryptocurrency generation.

    What is BBAChain?
    BBAChain is a high-performance Layer 1 blockchain aiming to reshape different areas of society. With the ability to process more than 100,000 transactions per second for less than a few cents, BBAChain offers speed and scalability. Beyond technical efficiency, BBAChain is building a native ecosystem that includes a decentralized exchange, centralized exchange, crypto academy, NFT marketplace, euro-pegged stablecoin, pay adapter, and a multi-chain wallet. What truly sets BBAChain apart is its ambition to bring national elections onto the blockchain through its Decentralized Democracy initiative, ensuring transparent and secure voting processes. An initiative that has multiple applications not only in the public sector but also in the private one too. With a powerful referral program incentivizing growth, strategic partnerships, and the upcoming listing of the BBA Coin, BBAChain positions itself as a unique opportunity in the evolving crypto space.

    Contact
    Name: Christian Trejo, CSO
    Email: contact@bbachain.com
    Website: https://bbachain.com

    Disclaimer: This content is provided by BBAChain. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/217e3ce1-9442-4786-97dc-736bd3fd2743

    The MIL Network

  • MIL-OSI United Kingdom: UK Export Finance support for export of air defence systems to Poland

    Source: United Kingdom – Executive Government & Departments

    The UK government supports the export of air defence systems and associated goods and services (the ‘NAREW Programme’) by UK defence and Polish companies MBDA UK Limited and Polska Grupa Zbrojeniowa.

    Documents

    Details

    The first letter is from the UK Export Finance (UKEF) Chief Executive and Accounting Officer to the DBT Secretary of State. It requests ministerial direction on UKEF financing support associated with the NAREW air defence programme in Poland, in which MBDA UK Limited is a key supplier. The reasons for the request are set out in this letter.

    The second letter is from the DBT Secretary of State to the UKEF Chief Executive and Accounting Officer. It confirms the ministerial direction on UKEF financing support associated with the NAREW air defence programme in Poland.

    Updates to this page

    Published 31 October 2024

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Leading expert appointed to turbocharge Euston housebuilding

    Source: United Kingdom – Executive Government & Departments

    Regeneration expert Bek Seeley will chair the government’s Euston Housing Delivery Group.

    • Yesterday’s Budget confirmed Bek Seeley will chair government’s Euston Housing Deliver Group to deliver ambitious Euston regeneration.
    • Work begins immediately to support delivery of thousands of new homes and drive growth at the heart of the capital.
    • Appointment supports government’s plan to deliver biggest increase in social and affordable housing in a generation.

    A leading regeneration expert has been appointed as the Chair of a flagship government programme to drive growth and build thousands of new homes, in the heart of central London.  

    Yesterday’s Budget announced Bek Seeley, who has overseen major projects in London, Birmingham and Manchester, to chair the Euston Housing Delivery Group – which will drive forward an ambitious housing and regeneration initiative for the local area.

    The scheme will also include supporting a thriving life sciences district which will bolster the area’s existing Knowledge Quarter which works on important scientific discoveries and technological advances.  

    The Delivery Group will be made up of industry experts in urban design, landscape architecture, affordable housing delivery and financing large-scale projects. Their core focus is to unlock more investment in Euston and drive economic growth across the capital.   

    Working closely with the local community in Euston, Camden Council, the Mayor of London and ministers, the Group will help the area become one of Europe’s leading hubs for life sciences and innovation and set out wider ambitions to tackle the capital’s housing crisis with a new era of affordable homes.   

    Housing and Planning Minister, Matthew Pennycook said: 

    “The appointment of Bek Seeley as the Chair of the Euston Housing Delivery Group is an important milestone on the journey toward regenerating this historic London neighbourhood and supporting economic growth across the country.

    “The Government will continue to work with the London Borough of Camden, the Mayor of London, and local partners and communities to accelerate the delivery of significant numbers of new homes and an expanded Knowledge Quarter alongside a much-improved Euston Station”.

    The announcement comes as it was also confirmed HS2 trains will run to Euston, with funding provided for tunnelling to the central London terminus, catalysing private investment into the station and local area.

    The Delivery Group’s work begins immediately in Euston. A housing site under-construction in Somers Town was recently visited by the Housing Minister to see first-hand the progress being made to transform the area and deliver a new economic hub where people want to live and work.  
      
    Chair of the Euston Housing Delivery Group, Bek Seeley said:   

    “I’m hugely excited to be asked to chair the EHDG as we set about the task of delivering thousands of new homes to benefit the existing community and to also underpin growth in one of the world’s leading knowledge and life science districts.   

    “My ambition is that Euston provides safe and welcoming homes, ensuring that every resident feels secure and valued and that Euston is also a place that the UK is proud of on the world stage, driving our broader economy forwards.” 

    Leader of Camden Council, Cllr Richard Olszewski said:   

    “This commitment to deliver new and affordable homes in Euston, together with the local community, is a much-needed step forward to get Euston on track towards a better future. 
     
    “Not only have many families in Euston felt the impacts of the housing crisis, but they have lived through years of uncertainty and upheaval. They rightly deserve hope for the future and a Euston that delivers for them with job opportunities, affordable homes, new open spaces, and community facilities.   
     
    “At Euston, we also have a once-in-a-generation opportunity to achieve this alongside a rapid expansion of London’s Knowledge Quarter, transforming it into a tech and science powerhouse that generates investment and opportunity for the entire country. We look forward to working in partnership with the Housing Delivery Group, Government, and our residents to turn this opportunity into a reality.”  

    The government and the Mayor will be working hand-in-hand to ensure that London plays its part to deliver record levels of housebuilding and support ambitions for 1.5 million homes over this Parliament.   

    This includes working together on all possible steps to deliver the homes that London needs – and to meet the updated housing target for the capital that is more than double the delivery of recent years.   

    Deputy Mayor of London for Planning and Regeneration, Jules Pipe said:

    “I am looking forward to working with Bek and the Euston Housing Delivery Group to ensure that we maximise Euston’s contribution to housing alongside delivering a world-class transport hub and supporting the development and growth of the Knowledge Quarter.

    “The Mayor is committed to doing all he can to accelerate the pace of housing delivery in London. The unlocking of major sites such as Euston, which has been on hold for far too long has a vital part to play in delivering the growth we need. Leveraging the link between transport investment and housing, here and in other locations such as Thamesmead, will enable the delivery of new homes and jobs as part of building a fairer, greener and more prosperous London for everyone.”

    Alongside the Delivery Group, the New Homes Accelerator will see work across government and with the Mayor and boroughs to fast-track large sites in London to unlock more homes and offer direct support to speed up delivery.   

    A new housing package was also announced yesterday including £500 million in new funding for the Affordable Homes Programme – the biggest annual budget for affordable housing in over a decade which will support government efforts to deliver thousands of new homes in London and across the country.

    Further information

    In Spring, the previous government and London Borough of Camden announced the establishment of the Euston Housing Delivery Group, tasked with assessing the scale of housing opportunities in the Euston area.   

    Bek Seeley was previously the European Managing Director for Development at Lendlease, which is a multinational construction and real estate company. She also holds several senior advisory roles in regeneration and affordable housing delivery. Bek is responsible for leading major housing projects across London, Manchester and Birmingham.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: 10/31/2024, 15-37 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the RU000A105WH2 (GazKZ-26E) security were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/31/2024

    15:37

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/31/2024, 15:37 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -21.69%), the carry rate and the range of interest rate risk assessment (up to -67.13 rubles, equivalent to a rate of 46.36%) of the RU000A105WH2 security (GazKZ-26E) were changed.

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

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

    https://www.moex.com/n74457

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: End of support for 32-bit versions of terminals from 2025

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    We inform you that from November 1, 2025, support for 32-bit versions of MOEX Trade terminals for stock, currency, money, commodity markets and the ASTS Bridge gateway will be discontinued.

    Full list of terminals and gateways, support for 32-bit versions of which will be discontinued:

    MOEX Trade SE MOEX Trade Currency MOEX Trade TI MOEX Trade Agro MOEX Trade Agro Auction MOEX Trade Agro Intervention ASTS Bridge

    The release of new 32-bit versions will cease from the date of implementation of the first release in 2025.

    Contact information for media 7 (495) 363-3232PR@moex.com

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

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

    https://www.moex.com/n74459

    MIL OSI Russia News

  • MIL-OSI Banking: IMF Annual Meeting 2024

    Source: Central Bank of Iceland

    Ásgeir Jónsson, Governor of the Central Bank of Iceland, and Tómas Brynjólfsson, Deputy Governor for Financial Stability, participated along with other representatives from the Central Bank of Iceland in the Annual Meetings of the International Monetary Fund held in Washington DC on October 21-26, 2024.

    MIL OSI Global Banks