NewzIntel.com

Category: Europe

  • MIL-OSI China: TV festival attracts global cultural exchange in entertainment

    Source: China State Council Information Office 3

    The China Pavilion appeared at the Palace of Festivals and Conferences for MIPCOM Cannes in France from Oct 21 to 24, marking the 21st time it has participated in the autumn TV festival, which offers a series of events under the theme “Focus on China, Stories Without Limits”.

    Cao Shumin, director of the National Radio and Television Administration, attended the forum and delivered a speech noting that 2024 marks the 60th anniversary of diplomatic relations between China and France. MIPCOM Cannes is the world’s largest market for international studios and distributors of entertainment content. It serves as a window for showcasing audio-video programs and a platform for discussing industry development.

    Cao shared three characteristics of the Chinese audiovisual content market.

    The quality of audio works is continuously improving, with numerous hits emerging, particularly realistic works that reflect common human experiences and emotions that resonate with audiences worldwide.

    Cultural exchanges and cooperation always adhere to inclusiveness and mutual appreciation, using audio/visual works to enhance understanding and communication in promoting the coexistence and development of diverse global cultures.

    The market has enormous potential and unlimited space for cooperation and innovation. Efforts are being made to deeply integrate and develop radio, television and online audiovisual content and dissemination, using technology to empower innovative audiovisual program forms and improve service quality, thus providing broad prospects.

    At the panel session of the forum, Yang Xiaopei, founder of Xixi Pictures from China, discussed the latest trends in international audiovisual content cooperation.

    Works produced by Yang’s team have been broadcast on streaming platforms and TV stations in various countries. By collecting audience comments and feedback, they found audiences in many countries that appreciate Chinese culture and stories, which greatly encourages and motivates her team, she said.

    The China Pavilion covered a total area of 258 square meters, featuring over 30 outstanding Chinese audiovisual content production, distribution and broadcasting organizations, showcasing 179 works.

    The festival gathered over 1,500 leading distribution and production companies from over 100 countries and regions, with more than 320 booths and 31 national and regional pavilions.

    MIL OSI China News –

  • MIL-OSI China: Norwegians optimistic about opportunities at CIIE

    Source: China State Council Information Office 3

    A truck loaded with exhibits for the upcoming 7th China International Import Expo (CIIE) is greeted with a water salute during an accession ceremony for exhibits at the National Exhibition and Convention Center (Shanghai), the main venue for the CIIE, in east China’s Shanghai, Oct. 22, 2024. [Photo/Xinhua]

    As the 7th China International Import Expo (CIIE) approaches, Henning Kristoffersen, head of Innovation Norway in China, expressed optimism about growing opportunities for Norwegian businesses to deepen presence in Chinese market in a recent interview with Xinhua.

    Highlighting last year’s participation of Norwegian companies in the CIIE, Kristoffersen, also commercial counselor of the Norwegian Embassy in Beijing, said the event had provided a valuable platform for the businesses, particularly those in nutrition and health sectors, to showcase their products.

    They have realized that the CIIE is “an excellent arena to highlight their innovations,” he said.

    This year, Norway will participate in the Country Exhibition for the first time, hosting a variety of activities aimed at engaging with Chinese consumers and stakeholders.

    “This year marks the 70th anniversary of diplomatic relations between Norway and China … As ocean nations, maritime and marine sectors present substantial opportunities for both countries,” Kristoffersen said, adding, “We also look forward to increased cooperation in research and development.”

    Kristoffersen expressed belief that China will offer significant opportunities for Norwegian businesses in its promotion of green transition and innovation-driven growth.

    Sigmund Bjorgo, Norwegian Seafood Council’s country director to China, emphasized the importance of the CIIE as a major meeting point for Norwegian seafood companies to connect with industry stakeholders and consumers.

    “The CIIE has become an essential event for the Norwegian seafood industry. Being part of the Country Exhibition this year will elevate our profile and help us expand our presence in the Chinese market,” Bjorgo told Xinhua.

    Expressing confidence in the Chinese market, Bjorgo, who had previously served in the same position, said, “The growth of Norwegian seafood exports has been impressive, particularly for salmon, which has grown fivefold since 2018.”

    The 7th CIIE, scheduled to be held in Shanghai from Nov. 5 to 10, has attracted participants from 152 countries, regions and international organizations, and achieved a new record with 297 Fortune Global 500 companies and industry leaders set to attend.

    Since its first edition in 2018, this expo has become an important stage spotlighting China’s new development paradigm, a platform for high-level opening up, and a public good for the whole world.

    The previous six editions saw nearly 2,500 new products, technologies and services make their debuts, with combined intended turnover reaching over 420 billion U.S. dollars.

    MIL OSI China News –

  • MIL-OSI China: All nations should ensure universal, consistent application of int’l humanitarian law: Chinese ambassador

    Source: China State Council Information Office 3

    All nations should translate their political commitments under the Geneva Conventions into concrete actions, ensuring the universal and consistent application of international humanitarian law, China’s permanent representative to the UN Office in Geneva and other international organizations in Switzerland said on Tuesday.

    Chen Xu made the remarks at the 34th International Conference of the Red Cross and Red Crescent held from October 28 to 31. Chen highlighted the unprecedented severity of the current global humanitarian situation, stressing that all parties should uphold genuine multilateralism and jointly advance the cause of global peace and progress for humanity.

    Addressing the Palestine-Israel conflict, he emphasized that achieving an immediate and lasting ceasefire is crucial to alleviating humanitarian suffering, urging major powers with influence over the parties involved to play a constructive role.

    He also underscored that civilians and civilian infrastructure must not be targets in military operations, and that safe, unimpeded humanitarian access should be ensured in conflict areas to protect humanitarian organizations and their staff.

    Developed countries should take on greater responsibilities in providing support and assistance to developing countries, he said.

    Chen reaffirmed China’s longstanding commitment to upholding and implementing international humanitarian law, its active involvement in global humanitarian aid, and its consistent role as an advocate, participant, and contributor to international humanitarian efforts.

    MIL OSI China News –

  • MIL-OSI China: Russia holds strategic nuclear exercise

    Source: China State Council Information Office 3

    Russia successfully conducted a strategic nuclear exercise on Tuesday, with all missiles hitting their targets, said the Russian defense ministry.

    Russian President Vladimir Putin oversaw the strategic nuclear exercise, which involved practical missile launches, according to the Kremlin.

    The defense ministry said all objectives of the exercise were fulfilled, with all missiles reaching their targets and testifying their specified characteristics.

    “Today we are conducting another exercise of strategic deterrence forces,” Putin said, adding that the army practiced the control of nuclear weapons and test-launched ballistic and cruise missiles.

    “Given the growth of geopolitical tensions, the emergence of new external threats and risks, it is important to have modern strategic forces that are constantly ready for combat use,” Putin said.

    The Russian leader said that in this context, the nuclear triad is a guarantor of the country’s sovereignty and security and Moscow will continue to improve and modernize its nuclear forces.

    At the same time, Putin said the use of nuclear weapons is an “extreme, exceptional measure to ensure state security” and Moscow will not engage in an arms race. 

    MIL OSI China News –

  • MIL-OSI USA: Remarks by President  Biden on a Campaign  Call

    US Senate News:

    Source: The White House
    6:53 P.M. EDT THE PRESIDENT:  (In progress) — and your friendship.  And thanks to everyone — MS. TERESA:  So, President — THE PRESIDENT:  — at Voto Latino.  (Inaudible.) MS. TERESA:  So, President Biden, before we get started — before we get started, I just want to say, literally, three and a half years ago, we — when we were hunkered down, we were doing Zoom calls very similar to this, you came in and you talked to our community, and you said, “Maria Teresa, we are going to have the largest climate change legislation, the biggest infrastructure,” and you listed 20 things, and he’s like, “Will you be there with me?”  And I said, “Absolutely.”  And I said, “Do you think we’re going to get it done?”  You’re like, “Absolutely.”  And you know what?  You have.  So, I’m incredibly grateful for all the work that you’ve done, and I would love for you to say a few words to — to the community based on your ability to deliver every single time. THE PRESIDENT:  We got it done.  I didn’t get it done.  Every major thing we tried to do, from over a trillion dollars in infrastructure to work on communities that need help to health care to — I mean, a whole range of things, and we got it done. As I said earlier, your partnership, your friendship, and your leadership has really made a big difference.  And thank everyone at Latino — you know — excuse me, thank everyone at your organization, Voto Latino, for all you do.  You know, you’ve always had my back, and I think it’s fair to say I’ve always had yours. This is it.  This is it.  Seven days to Election Day, and the stakes couldn’t be higher.  And that’s not a — that’s not an exaggeration.  The choice couldn’t be clearer. Presidential historians tell us the most important thing about a president is character — does he or she have character.  Kamala has character.  She’ll always stand up for Latinos, but not just Lati- — she’ll stand up for everyone who deserves to be stood up for, and that’s all Americans. Donald Trump has no character.  He doesn’t give a damn about the Latino community.  He’s failed businessman.  He’s — he only cares about the billionaire friends he has and accumulating wealth for those at the top.
    You know, he says immigrants are “poisoning the blood” of our country.  Give me a break.  He wants to do away with the birthright citizenship.  Who the hell else said that in the last 100 years? 
    And just the other day, a speaker at his rally called Puerto Rico a “floating island of garbage.”  Well, let me tell you something.  I don’t — I — I don’t know the Puerto Rican that — that I know — or a Puerto Rico, where I’m fr- — in my home state of Delaware, they’re good, decent, honorable people.  The only garbage I see floating out there is his supporter’s — his — his demonization of Latinos is unconscionable, and it’s un-American.  It’s totally contrary to everything we’ve done, everything we’ve been.   Now, Trump has di- — tried to divide the country based on race, ethnicity, anything that does harm, to take their eye off the ball about what the terrible things he’s done and will do.  But Kamala Harris has fought for all Americans and will be a president for all of America. Look, folks, we’ve gotten a lot done together, as you pointed out.  Look, Maria Teresa, we did everything from the infrastructure bill to health care to making sure that veterans are taken care of.  I mean, across the board, we’ve done so much.  We’ve created over 16 million jobs.  More Latinos have jobs than ever before. Look, a quarter of all — here’s the way I look at it.  A quarter of all the children in our schools today are Latino — are Latino, a quarter of them.  How could we possibly not invest everything we have in a quarter of our population that’s going to be our future?  It’s going to make a major, major, major, major piece of what this country looks like and what we think and what we believe.  So, these are going to have to be the doctors, the teachers, the scientists, and, yes, presidents. You know, I know we’ve asked a lot of each other, but I’m talking to you about one more thing and asking you, as a favor, all of you listening, to vote.  Get out early and vote.  Do it early. You know, I — I know the long waits on Election Day are all too common, especially in Latino communities.  You know, I cast my ballot yesterday.  I stood in line for 40, 45 minutes with all the people in Delaware, and I cast my vote yesterday in my home state.  I waited in line with a lot of other people.  There was a woman ahead of me, an elderly woman, who was in her 90s in a wheelchair, and it was a heavy wheelchair and the person pushing it was having trouble, so I spent time with her.  She — she’s — she’s over 90 years old, and she’s breaking her neck to vote because she knows how important it is. Today is National Vote Early Day.  Let me say it again.  Today is National Vote Early Day.  Remind folks to vote early, to return mail-in ballots.  Vote for access to a good education so everyone has an opportunity.  Vote to eliminate not — what Trump wants — he wants to eliminate the Department of Education and no early education.  We’re fighting like hell, and we’re fighting like hell for early education because, you know, it increases exponentially the prospect of success for our sons and our daughters.  Vote to give our daughters the same opportunities we give our sons, instead of taking away their rights.  Vote to make sure we maintain a significant health care that would provide for our parents and our families and basic health care for all Americans.  Trump is trying like hell to get rid of it.  More people have health care now than ever before.  He says he’s going to — wants to get rid of it. Vote to continue the progress we made on job growth — the growth in jobs for everyone, including Latinos — a significant job growth. Vote for comprehensive imm- — immigration reform instead of mass deportation.  What’s he talkin- — think about it.  You know, I travel the world because of my role as president and my knowledge of foreign policy.  I get inquiries from other heads of state, “Does Trump really mean it?  Are you really going to send out the police to gather up thousands and millions of people and deport them?”  What the hell is going on here?  Vote for comprehensive immigration reform instead of mass deportation.  In short, vote to keep Donald Trump out of the White House.  He’s a true danger to not just Latinos but to all people, particularly those who are in a minority in this country.  You know, we have to vote to elect Kamala as president, Tim Walz as vice president.  It’s (inaudible) — it’s never been more important. We’ve known each other a long time, Maria Teresa — a long time.  And I want to tell you something I can say without equivocation.  Our democracy is at stake.  And to translate that into pure English — and that’s wh- — I should be able to speak Spanish, but I can’t.  We should be able to talk about what this means. He wants to fundamentally change the way our Constitution works.  He wants to take away people’s rights.  He wants to concentrate power in the hands of a very few — people like him. So, go to IWillVote.com and make your plan to vote early.  Make it today, because voting early (inaudible) now basically through election.  Make a plan to vote, please, please, please.  Your vote is critical.  A Latino vote is critical.  Let’s make it heard. I want them to remember who you are and who we are.  We’re the United States of America.  And there’s nothing, nothing at all beyond our capacity when we do it together. So, God bless you all.  And God bless you, Maria Teresa, for all you’ve been doing.  We have more to do, but we got to get it done.  This el- — this election is the most consequential election we’ve ever voted in, no matter how old or how young you are — this election. God bless you all.  And God protect our troops. MS. TERESA:  Thank you so much, President Biden.  And I have to tell you, what you really — what you are saying is a clarion call.  It’s a multicultural democracy, and it’s us, as Americans first, that will save this country and our democracy.  And I’m so grateful for the time — THE PRESIDENT:  The reason why we’re strong. MS. TERESA:  — you’ve spent with us.  (Inaudible.) THE PRESIDENT:  We’re the most diverse country, and that’s why we’re strong.  That is our strength. MS. TERESA:  Right.  (Laughs.) THE PRESIDENT:  (Inaudible) our weakness.  It’s our strength. MS. TERESA:  No, I call it our superpower — our superpower.  And I always say, like, you don’t have to take my word for it.  The reason that you have disinformation around race is because the Russians and the Chinese recognize that racism is our Achilles heel, but it — they also recognize that it’s our multiculturalism that is our superpower and our strength. THE PRESIDENT:  We bring all the best of every culture together.  We really do.  It’s not hyperbole.  That’s a fact. MS. TERESA:  It’s true. THE PRESIDENT:  Sometimes I think our folks (inaudible) don’t realize it, but it’s truly a fact.  Anyway. God love you for what you’re doing.  Keep it going, kid. MS. TERESA:  I’m super grateful. THE PRESIDENT:  Keep it going. MS. TERESA:  Yeah, we’re not done yet.  We’re just getting started. THE PRESIDENT:  We’re not even close to done. MS. TERESA:  (Inaudible.)  (Laughs.) THE PRESIDENT:  And I may be — I may be leaving office on January 20th, but I’m not leaving.  MS. TERESA:  I — I — THE PRESIDENT:  I’m not leaving. MS. TERESA:  You promise? THE PRESIDENT:  I’m leaving office, but I’m not leaving this fight.  MS. TERESA:  (Laughs.) THE PRESIDENT:  God love you.  Thank you so much. MS. TERESA:  I’m going to remind you of that.  Much love.  Say hello to Jill. THE PRESIDENT:  Well, you don’t (inaudible) — I’m going to ask for your help and let me join you. MS. TERESA:  I will always be there, President.  
    7:02 P.M. EDT

    MIL OSI USA News –

  • MIL-Evening Report: Pacific leaders’ mission to Nouméa – Mapou says New Caledonia at ‘turning point’

    By Lydia Lewis, RNZ Pacific presenter/Bulletin editor

    A three-day fact-finding mission, headed by three Pacific leaders, has wrapped up in Nouméa, and New Caledonia’s President Louis Mapou says the French territory is at a “turning point”.

    The semi-autonomous Pacific territory has been riddled with violent unrest since May.

    While tensions have reportedly eased for now, the main political decision-making body for the Pacific region has been in Nouméa this week on a “strictly observational” but “critical mission”.

    New Caledonia’s President Louis Mapou . . . “They willingly shared their own history.” Image: 1ère TV

    Territorial President Louis Mapou told reporters why the Pacific Islands Forum (PIF) “troika -plus” visit was so important.

    “They have a shared intention with government members, drawing on their own experience in the region: the Cook Islands, which are in free association with New Zealand; Tonga, a country that was never colonised; and the Solomon Islands, which have experienced interethnic conflicts in the northern part, where youth played a significant role,” he said.

    “And finally, Fiji, which gained independence, decided to withdraw from the Commonwealth, and is now re-evaluating its connection with the British Crown. So, they willingly shared their own history.

    “They pointed out that in each of these histories, it was often the internal decisions of the populations involved that ultimately shaped the choices made about their country’s future.”

    What a pleasant honour to have Hon. Prime Minister @slrabuka welcomed by @LegionEtrangere & @RSMA_NC , writing a poem about his visit in New-Caledonia as a member of the @ForumSEC high level Troïka-Plus information mission . pic.twitter.com/HVVoebqPfA

    — Véronique Roger-Lacan (@rogerlacanv) October 28, 2024

    Hope and perspective
    Local government spokesperson Charles Wea said the visit brought hope and perspective.

    “It is important that that people from New Caledonia can arrive to express their views, and also the political perspectives, in terms of political future,” he said.

    “The process of decolonisation, for example, which is quite a major subject topic that will be in the discussion with a mission”

    Tongan Prime Minister Hu’akavameiliku Siaosi Sovaleni led the PPIF troika-plus delegation — Rabuka was the “plus” factor.

    “We are not there to judge you or to tell them what to do right now. It is a preliminary visit. So, basically, we just want to listen.”

    While it is a fact-finding mission, there are some indisputable facts, such as New Caledonia being on the United Nations Decolonisation List.

    Tuvalu MP Simon Kofe has expressed his thoughts on this.

    Pacific ‘needs to support decolonisation’
    “My position is for independence, we need to continue supporting the decolonisation of the Pacific,” Kofe told RNZ Pacific.

    Hu’akavameiliku’s views were somewhat more diplomatic.

    “I do believe that there is a way of having some sovereignty and control of your country. There are various models in the Pacific. You have Niue and Cook Islands. Then you have American Samoa.

    “We are not the ones who will tell [New Caledonia] what is working and what is not. We respect their sovereignty.”

    But amid the politicking, a Kanak leader from the Protestant Church of Kanaky New Caledonia, Billy Wetewea, said people were struggling.

    In particular, the indigenous population, who were battling inequities in education, employment and health, he said.

    “The destruction that the youth have made since May, was a kind of expression of the frustration towards all of these social injustices,” he said.

    “We are fighting for our humanity. So, it’s for the dignity of our humanity, and our humanity is the humanity of everyone.”

    ‘Neither marginalised nor mistreated’
     The pro-France loyalists, however, have a different perspective.

    “Contrary to what some separatists suggest, the Kanak people are neither marginalised nor mistreated,” they said in a statement.

    “On the contrary, [Kanaky people are] one of the most advantaged in our Oceanian region.”

    Wea said the Pacific leaders had the chance to hear from all sides involved in the unrest.

    The findings will be presented to the 18 Pacific leaders at next year’s leaders meeting.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Inflation is sinking ever lower. Now that it’s official what’s the RBA going to do?

    Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

    Lower petrol prices and an electricity rebate have contributed to a further fall in the quarterly measure of inflation, the Consumer Price Index.

    The rate in the September quarter dropped to 2.8%, putting it for the first time within the Reserve Bank’s target range of two-point-something since the March quarter of 2020.

    The fall was broadly in keeping with market expectations, and keeps low the likelihood of an interest rate cut this year. The next Reserve Bank meeting is scheduled for Tuesday.

    The bank pays more attention to the long-running quarterly measure of the CPI than the more volatile monthly version which already dropped into its target range in August.

    The monthly measure dropped further, to 2.1%, in September.

    The quarterly CPI is also more important because it is included in all sorts of workplace and other contracts and indexation formulas.

    The main reason for the fall in inflation was the electricity rebates announced in the federal budget and by some states.

    Also helping were the falls in petrol prices, mainly reflecting declines in global oil prices. Cheaper or free public transport in Brisbane, Canberra, Hobart and Darwin also contributed.

    Preventing a larger fall were the continuing strong growth in insurance costs and rent. The rise in insurance costs reflects a series of extreme weather events such as bushfires and floods. It is a way in which climate change is exacerbating inflation.

    Contrary to what many people think, the increase in rents is not due to landlords passing on higher interest rates. Landlords may want to do this but they are only able if vacancy rates are low, otherwise tenants just move elsewhere.

    History shows it is low vacancy rates that drive up rent regardless of the level of interest rates. The inability of landlords to pass on interest rate increases has been confirmed by a study just published by the Reserve Bank using tax return data.

    It showed that only three cents of every dollar in extra interest costs is passed on.

    The fall in inflation to a rate significantly below the 4% at which wages are increasing means that the cost of living crisis is abating, although not yet over.

    The dramatically lower inflation rate puts Australia in a comparable position to the United States, whose inflation rate is 2.4%, the United Kingdom, whose inflation rate is 1.7% and New Zealand where it is 2.2%.

    The US, UK and New Zealand all have inflation targets (or midpoints) of 2%, so inflation is now only slightly above the target in the US and New Zealand. It is actually below it in the UK. In response all three have cut their key policy interest rates.

    Yet it is unlikely that the Reserve Bank will follow their lead until next year, despite growing pressure.

    One reason is that, even after their cuts, interest rates in our three peers are still higher than in Australia, at around 4.75% to 5%.

    But more importantly, the Bank has stressed recently that it pays more attention to the “underlying” rate of inflation, which looks through temporary measures such as the electricity subsidies. The Bank will only cut interest rates when they are “confident that inflation was moving sustainably towards the target range”.

    The bank’s preferred measure of underlying inflation, the so-called trimmed mean, has also fallen.

    But at 3.5%, it is still above the target. A positive aspect is that it has reached 3.5% ahead of the Bank’s most recent forecast which had 3.5% only being reached by the end of 2024.

    Monetary policy, however, has in Milton Friedman’s famous words “long and variable lags”.

    As the then future governor Glenn Stevens remarked back in 1999,
    “the long lags associated with the full impact of monetary policy changes mean that policy changes today must be made with a view not just to what is happening now, but what is likely to be happening in a year’s time and even beyond then”.

    In other words we want to drive by looking ahead rather than just at the rear view mirror. The Bank is like a footballer who needs to head to where the ball will be rather than where it is now.

    There is therefore a risk that if the Reserve Bank keeps interest rates high until inflation reaches the middle of the target, it will be too late to prevent the economy slowing too much and inflation will undershoot the target. This would likely be associated with unnecessarily high unemployment.

    That is why the Reserve Bank board faces a difficult balancing act in taking its decisions.

    John Hawkins was formerly a senior economist and forecaster in the Reserve Bank and the Australian Treasury.

    – ref. Inflation is sinking ever lower. Now that it’s official what’s the RBA going to do? – https://theconversation.com/inflation-is-sinking-ever-lower-now-that-its-official-whats-the-rba-going-to-do-240336

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: NSU is participating in the creation of a research and educational station in SKIF

    Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    The decision to create the SKIF-NSU educational and research station “Basic Methods of Synchrotron Diagnostics for Educational, Research and Innovative Activities of Students” was made at the NSU Academic Council in October 2024. This station is being created within the framework of the partnership agreement between NSU, the Boreskov Institute of Catalysis SB RAS, the Budker Institute of Nuclear Physics SB RAS and the SKIF Collective Use Center. It may become one of the first stations operating at SKIF, along with six stations of the first stage.

    — To launch the educational and research station, there will be no need for complex technical devices for generating synchrotron radiation — wigglers or undulators. It will use radiation from a bending magnet. Most of the station’s units are already available from partner organizations, and the missing devices are planned to be purchased during 2024. Therefore, there is a real opportunity to put it into operation in parallel with the first-stage stations, but unlike them, this station does not require complex commissioning. The bending magnet is an integral part of the accelerator complex, and it will not need to be purchased or manufactured additionally. Much equipment for the educational and research station has already been purchased by the parties to the Agreement and is currently in operation at the Siberian Center for Synchrotron and Terahertz Radiation. All that remains is to wait for the commissioning of the SKIF CCU and the subsequent installation of the equipment, — said a senior researcher at the SKIF CCU and the Laboratory of Structural Diagnostics of Ultradisperse and Nanostructured Systems Physics Department of NSU Andrey Saraev.

    Serious preparatory work was done to create an educational and scientific station at the university. As a result of the implementation of projects at NSU in 2022-2023 to develop its concept and design, Russian and foreign experience in creating such multi-purpose modular stations was studied, an analysis of the compatibility of various spectral and diffraction techniques was carried out, technical requirements were drawn up and a basic diagram of the station was developed. Design solutions for creating the station were developed, an analysis of the existing equipment in partner organizations was carried out, technical documentation was developed as part of determining the requirements for equipment and external parameters for creating a research facility for experiments using synchrotron radiation, combining a set of diffraction and spectral methods, including powder and single-crystal X-ray diffraction, X-ray absorption spectroscopy and X-ray fluorescence analysis. Part of the necessary equipment for the station was purchased – two fluorescence detectors. The acquisition of an X-ray diffraction detector is planned for next year.

    — We are currently updating the detection system for X-ray absorption spectroscopy. This is NSU’s contribution to the creation of the educational and scientific station, which is being implemented within the framework of the Priority 2030 program. In total, it amounts to about 15 million rubles. At the moment, another important acquisition made by NSU for the educational and scientific station being created is being processed — an ionization chamber for measuring the intensity of X-ray radiation and components for it. It will work in conjunction with the equipment purchased last year, — Andrey Saraev explained.

    According to the established deadlines for commissioning the station, its launch is planned for September 2025. It is assumed that the station will be used to work with senior students and postgraduates of the Physics Department, the Faculty of Natural Sciences and the Geological and Geophysical Department of NSU. Training in working with experimental research methods will be carried out through solving scientific problems formulated and set by researchers and teachers of NSU, as well as scientists from institutes of the Siberian Branch of the Russian Academy of Sciences.

    — These are always non-standard, modern tasks. There are no traditional ways or ready-made methodological materials to solve them. Therefore, the knowledge that young researchers will receive as a result of research work will be relevant and modern. Senior students are already familiar with experimental work, have completed various practical courses, they have experience of independent work, so they can be involved in more complex scientific work. It is worth noting that, first of all, the station is designed to conduct scientific research with the participation of students, prepare diploma and course papers. We believe that the station will also be interesting for conducting programs to train personnel for SKIF and improve their qualifications, — explained Andrey Saraev.

    It is predicted that the scientific community formed around the SKIF Center for Collective Use will only expand every year, and the number of those interested in working at the educational and scientific station will increase. But at the moment, unfortunately, not all of them have sufficient information about modern methodological approaches to conducting research. Therefore, it is assumed that the station will conduct advanced training courses for scientists – a kind of elimination of synchrotron illiteracy in the scientific community. It has already begun in the student community – at the Physics Department, Andrey Saraev and his colleagues are giving a course for senior students on “Study of Solids Using Synchrotron Radiation.”

    — It is difficult to underestimate the importance of the educational and scientific station being created. Firstly, it combines two universal methods: X-ray absorption spectroscopy and X-ray diffraction. Both of them are in great demand by the scientific community, because, unlike other methods, they allow one to study a wide range of objects, from functional materials to proteins and cultural heritage objects. Secondly, sample preparation for them is relatively simple. Accordingly, the number of systems being studied is larger: one object can be studied in two to three hours, whereas with other methods, this may take tens of hours. The information obtained is prompt, visual and of high quality. It is important that the plan and strategy for performing the work can be adjusted during the study. Stations where such methods are implemented are very prolific in terms of scientific publications and work carried out, so their demand is very high, and the flow of tasks is voluminous, — said Andrey Saraev.

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

    MIL OSI Russia News –

  • MIL-OSI USA: Background Press Call on U.S. Efforts to Address U.S. Investments in Certain National Security Technologies and Products in Countries of  Concern

    US Senate News:

    Source: The White House
    Via Teleconference
    2:38 P.M. EDT
    MODERATOR:  Good afternoon, everyone.  Thanks so much for joining today’s call.  As a reminder, this call will be on background, attributable to senior administration officials, and it is embargoed until 5:00 p.m. Eastern today.
    For your awareness, not for your reporting, on the call today we have [senior administration official], [senior administration official], [senior administration official], and [senior administration official]. 
    We’ll follow up shortly after the call with embargoed materials as well, but I will turn it over to [senior administration officials] who will have a few words at the top, and then we’ll take your questions. 
    Over to you.
    SENIOR ADMINISTRATION OFFICIAL:  Thanks, Eduardo, and thanks to everybody for joining us today.
    Since the earliest days of the administration, President Biden has said we are at an inflection point with respect to advanced technologies.  And as he’s often said, we will see more technological change in the next 10 years than we saw in the last 50.
    And that has motivated historic investments, mobilizing hundreds of billions of dollars in private investment to rebuild American manufacturing and innovation. 
    The flipside of that, of course, of promoting critical technologies is, of course, protecting them.  And recognizing how transformative certain technologies can be, the President directed his national security team to ensure that where we have significant advantages, our world-leading technologies and know-how are not used against us to undermine our national security.  That’s been the guiding principle for the Biden-Harris administration’s export control policies, as well as the Outbound Investment Program that we’re glad to announce is being finalized today. 
    As many of you know, we’ve been working on this approach to address certain outbound investments in sensitive technologies and critical sectors that could undermine American national security for some time.  And, in particular, we’ve been focused on the exploitation of certain intangible benefits that often accompany U.S. outbound investments and that help companies succeed through, for example, enhancing their standing and prominence, providing certain types of assistance, introducing investment and talent networks, opening up market access, and enhancing access to additional financing. 
    The People’s Republic of China has a stated goal, as you know: to develop key sensitive technologies that will directly support the PRC’s military modernization and related activities, including weapons development, and it has exploited U.S. investments to develop domestic, military, and intelligence capabilities. 
    So, today, the Treasury Department will issue a Final Rule to implement President Biden’s Executive Order 14105, from August of 2023, which is entitled “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern.” 
    The Final Rule provides the operative regulations and a detailed, explanatory discussion regarding its intent and application.  And as directed in the President’s executive order, the Final Rule does prohibit U.S. persons from engaging in certain transactions involving a defined set of technologies and products that pose a particularly acute national security risk to the United States. 
    The Final Rule also requires U.S. persons to notify the Treasury Department of certain other transactions involving a defined set of technologies and products that may contribute to a threat to the national security of the United States. 
    Covered technologies fall into three categories: semiconductors and microelectronics, quantum information technologies, and artificial intelligence.  This set of technologies, we believe, is core for the next generation of military, cybersecurity, surveillance, and intelligence applications, providing what we believe are force multiplier capabilities. 
    The United States already prohibits and restricts the export to countries of concern of many of the technologies and products covered by the Final Rule.  This program complements the United States’ existing export control and inbound screening tools by preventing U.S. investment from advancing the development of these technologies and products in countries of concern. 
    The Treasury Department, as [senior administration official] will lay out, has used feedback through the notice and comment process to help design a carefully tailored approach.  And we also want to commend Senators Casey and Cornyn, Representatives DeLauro, Fitzpatrick, and Pascrell, as well as Representatives Meeks and McCaul in particular, for their leadership on this issue. 
    The overwhelmingly bipartisan vote on Senators Casey and Cornyn’s Outbound Investment Transparency Act as an amendment to the Senate NDAA demonstrates the shared will of Congress and the administration to meaningfully regulate outbound investments. 
    So, with that, I’ll turn it over to [senior administration official] to provide more detail on the content of the Final Rule. 
    Over to you.
    SENIOR ADMINISTRATION OFFICIAL:  Thanks very much.  As mentioned today, Treasury is issuing, at the direction of the President, a targeted and narrowly scoped regulation that implements a new program to address this threat to U.S. national security.  The Final Rule has clear thresholds and definitions to implement the executive order, and provides detailed, explanatory discussion regarding its intent and application to assist investors and other stakeholders to help them navigate this new program. 
    The Final Rule does two things at its core, as previewed: First, it prohibits U.S. persons from engaging in certain transactions involving semiconductors, quantum, and artificial intelligence.  And second, it requires U.S. persons to notify Treasury of certain other transactions involving semiconductors and artificial intelligence. 
    The rule explains in detail the scope of the program, definitions, processes, requirements, and penalties for non-compliance, among other things.  Importantly, this rule has benefited from the input of a variety of stakeholders, industry experts, and allies and partners. 
    We had two rounds of formal comments on the rulemaking to implement the executive order, first with the August 2023 ANPRM that was issued alongside the ENO and on which we got 60 comments from stakeholders.  Those comments were integral in developing the Notice of Proposed Rulemaking that we issued in June of this year and on which we received more than 40 additional comments, which further informed the development of the Final Rule.
    Over two-plus years, Treasury, along with the Departments of State and Commerce, have led extensive engagements with stakeholders across the globe.  These engagements and our deliberate decision to offer two rounds of public comment have helped us receive insightful feedback that has helped inform the Final Rule to ensure to choose our national security objectives while taking into account the need to be focused, targeted, and clear. 
    Now, I’ll briefly discuss a few key aspects of the rule. 
    First, as [senior administration official] suggested, the rule imposes requirements on U.S. persons.  This includes prohibiting U.S. persons from engaging in certain transactions with what the rule identifies as covered foreign persons, and requires the U.S. persons to notify the Treasury Department about other transactions that involve covered foreign persons. 
    Second, the Final Rule focuses on specific categories of investment transactions where the target of the investment has a nexus to the PRC and activities involving sensitive technologies and products. 
    In terms of what transactions are covered, the Final Rule applies to, among other things, a U.S. person’s acquisition of an equity interest or contingent equity interest, certain debt financing, certain greenfield investments, or investments that could result in corporate expansion and joint ventures.  This would include, for example, a U.S. investment firm taking an equity stake in an advanced semiconductor manufacturer in the PRC.  It would also cover a U.S. company’s purchase of land in the PRC to develop a quantum computing research facility. 
    There are exceptions for certain types of transactions that are less likely to contribute to the national security threat we’re worried about. 
    For example, the Final Rule excepts or carves out certain investments by a U.S. person to publicly trade securities and certain investments made by a limited partner in a pooled investment fund, among others.
    In light of our ongoing conversations with allies and partners on the importance of multilateral efforts in this area, the Final Rule also includes an exception for certain transactions involving a person of a country or territory outside the United States where the Secretary of the Treasury has determined that the country or territory is addressing national security concerns posed by outbound investment. 
    And third, in terms of the technologies and products in scope for the program, the Final Rule provides technical details on the subsets of semiconductors, quantum, and artificial intelligence that are relevant to the program. 
    For example, a U.S. person is prohibited from acquiring equity in a PRC entity that manufactures advanced semiconductors or that is developing an AI system designed exclusively or intended for a military end use.  A U.S. person would be required to notify Treasury if they are acquiring equity in a PRC company that manufactures legacy semiconductors. 
    Other examples include direct equity investments by a company or private equity fund into any PRC company that is repurposing an AI model for penetration testing or automated vulnerability detection and exploitation, which would be covered under the rule as either notifiable or prohibited, depending on the design end use and computing power used to train an AI system. 
    In addition to direct investments, indirect investments through a parent of a PRC company that is using AI models to improve targeting, intelligence, reconnaissance, and surveillance, or autonomous weapons systems for military use would be prohibited, as would such indirect investments in a PRC company developing or scaling quantum computers or networks to undermine encryption systems.  These technologies can be used for advanced code breaking, the development of next-generation military applications, or offensive cyber operations. 
    Additionally, in general, the rule is based on a U.S. person’s knowledge of the relevant facts, rendering a transaction to be covered under the rule.  Enforcement and penalties are consistent with the International Emergency Economic Powers Act, or IEEPA, the authority by which the President issued the executive order. 
    The Final Rule takes effect on January 2nd, giving stakeholders time to organize internal infrastructure and processes to ensure compliance with the rule. 
    The lengthy preamble to the rule summarizes the response to the comments received, as well as provides an explanation of the changes since the proposed rule issued over the summer. 
    And let me make two additional and final points before concluding. 
    First, this program is calibrated to help ensure our actions can be supported multilaterally, which is a critical component to maximize its effectiveness and reduce backfill from other investors.  The administration has been engaged in extensive conversations with allies and partners on the issue, and we are encouraged to see some allies and partners, including the European Commission and the United Kingdom, exploring the issue of outbound investment security in their own jurisdictions.
    Second, cross-border investment flows have long contributed to U.S. economic vitality.  This targeted action is focused on national security and scope to address specific risks posed by certain U.S. outbound investment, and it maintains our longstanding commitment to open investment. 
    Thanks.  And back to you, Eduardo, for questions.
    MODERATOR:  Thank you.  We now have time for a few questions.  If you’d like to ask a question, please use the “Raise Your Hand” feature on Zoom, and we’ll come to you. 
    First up, we’ll go to Michael Martina.
    Q    Hi there.  Appreciate you doing this.  So, what you described sounds quite similar to the notice for proposed rulemaking earlier in the year.  I’m wondering if you can detail any specific or key changes that you made to the original notice you said it was used to inform this Final Rule.  So, are any changes from earlier?
    And just an effort at clarification.  You know, given the exemptions for publicly traded securities, is it the White House’s contention that China has not significantly exploited publicly traded security purchases by U.S. investors to enhance their military or intelligence capabilities?  My understanding is that this is perfectly fine — you could trade public securities for Chinese defense companies under this; that’s totally within the rules.  Is that correct?  Thanks. 
    SENIOR ADMINISTRATION OFFICIAL:  So, maybe I’ll take the first question, Eduardo.  And then, [senior administration official], if you want to chime in on the second from a White House perspective.
    So, I think while largely consistent with the NPRM in scope and structure, the Final Rule does contain some changes, including with respect to clarity of the rule and thinking forward to compliance. 
    So, for example, we’ve selected clear technical thresholds for notifiable and prohibited transactions involving AI systems based on the amount of compute power to train an AI system that is open in the NPRM; refine how the rule applies to U.S. persons with investment banking authority and non-U.S. entity, such that it clearly applies only to those who actually exercise authority, for example; and clarifying with respect to compliance and enforcement with the rule. 
    And so, there are a number of areas where we have honed and focused and sharpened the rule since then, and those are some examples.
    SENIOR ADMINISTRATION OFFICIAL:  Thanks for the question, Michael.  So, I will say we do have existing authorities to address the threat you were discussing.  So, for example, Treasury has authorities — the Chinese military industrial complex sanctions regulations that are intended to address U.S. persons from purchasing or selling publicly traded securities and companies that are involved in this sector, and there are others as well. 
    MODERATOR:  Next up, we’ll go to the line of Anita Powell.
    Q    Thank you so much.  As you guys are surely aware, Elon Musk is developing a data center in China to train the algorithm to work on self-driving cars.  That’s a lot simpler than I think it really is.  But anyway, is this the type of investment that might be restricted under this new rule?  Can you just kind of flesh that out for us?
    SENIOR ADMINISTRATION OFFICIAL:  Sure.  Happy to start. 
    Look, I don’t think we’re going to get into hypothetical scenarios, but just reiterate some of the points that I’ve said. 
    What the rule is really targeted on is capital and the intangibles that can flow from such American capital to go into the development of PRC-based — not just based, but PRC-based entities that are developing these advanced technologies.  And so, that’s sort of the scope of the rule. 
    And one thing I will mention is that Treasury will provide some guidance and other documents during this interim period before the rule goes online.  That’s certainly our intent to help flesh this out.  But I think going back to the core tenets of the rule is the best way to answer that.
    MODERATOR:  Next up, we’ll go to the line of (inaudible).
    Q    Yeah, hi.  Thanks for doing this and for taking my question.  Could you talk a little bit more about the engagement with allies and partners in the process of finalizing this rule, specifically which allies specifically you engaged with and whether there are any allies who are going to create similar rules of their own?  Thank you.
    SENIOR ADMINISTRATION OFFICIAL:  [Senior administration official], maybe you could start with engagements with allies that you’ve had, but then maybe, [senior administration official], if we could go to you, you could talk a little bit about the G7 as well.  That might be helpful.
    SENIOR ADMINISTRATION OFFICIAL:   Yeah, sure.  Thanks. 
    So, in terms of — just to sort of put a topper before going to [senior administration official], we’ve had a number of engagements with partners and allies, which have resulted in not only sort of technical exchanges about what we are doing and why we’re doing it, but also various statements.  And [senior administration official] will allude to one of them with regard to the G7, but obviously the European Commission and the United Kingdom have made statements in support of these goals.  And so, it’s an ongoing process and one that will continue.
    SENIOR ADMINISTRATION OFFICIAL:  Yeah, and just to add on to what [senior administration official] said, this is something that, you know, even from the White House level we engage with our closest allies and partners on.  And [senior administration official] referenced, you know, a line in the G7 leaders’ statement from Apulia early this year that refers to, you know, recognizing that appropriate measures designed to address risk from outbound investments are important to complement our existing toolkit. 
    So, it’s a conversation that we’re frequently having with our key partners and allies.
    MODERATOR:  And we have time for one more.  We’ll go to the line of Patrick Tucker.
    Q    Hey.  Thanks.  Patrick Tucker from Defense One.
    So, when you say the rule prohibits people from acquiring equity in a PRC entity that manufactures semiconductors that might be used in autonomous weapons systems or that might be repurposed for AI penetration testing, is that based on an observation that there are U.S. firms that currently have investments in those areas of autonomous weaponry and penetration testing for China?  Or are you making the rule now in anticipation that firms might begin to invest in that sort of thing?  I’m trying to get a sense of the degree to which U.S. firms have exposure and have willingly made investments in these areas of the Chinese military.
    SENIOR ADMINISTRATION OFFICIAL:  So let me start, [senior administration official], and then perhaps, [senior administration official], pass it to you. 
    I think what we are worried about, which I would focus on, is the kinds of scenarios that we have outlined, which is supported by data.  And one statistic that comes to mind — and I won’t get it exactly right, so I’d refer you to the Georgetown Center for — I think it’s Technology — that had a statistic that said something to the effect of: For a five-year period, I think between 2016 and 2020 or 2021, 17 percent of investment in Chinese artificial intelligence companies included U.S. participation, and of that, 91 percent was at the venture capital stage. 
    I think if you think about those sets of facts and scenarios, that’s the kind of situation that when it comes to certain artificial intelligence capable of impacting our national security, from military intelligence, cyber, other related perspectives, that’s what we’re concerned about. 
    SENIOR ADMINISTRATION OFFICIAL:  Yeah, I would just add to that that part of the motivation, as we were looking at some case studies to inform the development of this executive order and the regulation, actually was focused on cybersecurity, where we had a number — we saw a number of VC investments directly into firms working on cybersecurity that ended up on the entity list for working with Chinese military or intelligence services.
    MODERATOR:  Thanks, everyone, for joining.  That’s all the time we have for today.  As a reminder, this call was on background, attributable to senior administration officials, and the contents of the call are embargoed until 5:00 p.m. Eastern. 
    We’ll follow up shortly with embargoed materials as well. but do reach out to us, to the NSC or Treasury, with any questions in the meantime.  Thanks so much.
    3:00 P.M. EDT  

    MIL OSI USA News –

  • MIL-OSI Russia: What performances to go to with children. Yuri Kuklachev’s choice

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On the stages of Moscow theaters you can see a variety of performances for young viewers – from classic fairy tales to modern works. People’s Artist of the RSFSR Yuri Kuklachev tells us which productions will give bright impressions to children and teenagers.

    “For miracles to happen, you need to go towards them yourself! Therefore, I invite everyone to the most extraordinary performances that give hope, charge with vigor and excellent mood. In these productions, both fairy-tale heroes and modern characters that we meet every day come to life, the action is filled with music, songs, dances and incredible circus tricks, and some even involve furry artists of the Cat Theater. I advise you not to miss it and enjoy it with the whole family!” says Yuri Kuklachev.

    “The Little Humpbacked Horse” at the Moscow Children’s Variety Theatre

    Address: Baumanskaya street, house 32, building 1

    Dates: November 10, December 1

    Age limit: 6

    The musical theatrical performance in folk style at the Moscow Children’s Variety Theatre was created based on the fairy tale of the same name by Pyotr Yershov. Together with the main characters, Ivan and his faithful friend and assistant the Little Humpbacked Horse, the audience will visit a fair, the royal palace and even the seabed. The familiar story from childhood will be revealed in a new way by musical numbers combining folk motifs and modern sounds.

    You can buy tickets on mos.ru.

    “Cats Show” at the Kuklachev Cat Theatre

    Address: Kutuzovsky Prospect, Building 25

    Dates: November 12, 19, 20, 21, 22, December 1

    Age limit: 6

    A circus troupe arrives in town: magicians, clowns, trainers, acrobats and dancers. The cunning and wily director of the program meets a tramp on the street and offers him to become a handyman in his team. Once in the circus, the hero gets acquainted with life behind the scenes – its intrigues and rivalries, friendship and love.

    The production includes illusionists and, of course, four-legged artists – cats and dogs.

    You can buy tickets on mos.ru.

    “Fedorino grief” at the Children’s Musical Theatre of the Young Actor

    Address: Malaya Dmitrovka street, house 8, building 4

    Dates: November 17, December 7, January 26

    Age limit: 0

    Fedora is such a slob and a dirty girl that her things don’t want to live with her anymore: the sieve and trough have galloped away across the fields and meadows, the shovel and broom have gone, the iron and saucepan have run away. There’s nothing to do – Fedora will have to go looking for them. The actors on stage will portray frying pans, cups, spoons and even cats, and the audience will learn what to do so that things don’t want to leave their owners.

    The play was based on the fairy tale of the same name in verse by Korney Chukovsky.

    Tickets – on mos.ru.

    “In a Busy Place” at the Tereza Durova Theatre

    Address: Pavlovskaya street, building 6

    Date: November 28

    Age limit: 16

    The play by Alexander Ostrovsky was transferred to the stage of the Tereza Durova Theatre by director Irina Pakhomova, presenting a plot at the intersection of melodrama, comedy and detective, and conveying the bustle of the inn with bright colours and folk motifs.

    You won’t get bored in a busy place – there is carousing, robbery, treachery and love. While they are treating you in one room, they are robbing you in another. In every impulse, good or bad, there is spiritual passion and true Russian fearlessness.

    You can buy tickets on mos.ru.

    Samurai Sword and Venetian Carnival. Tereza Durova on plays in which children act

    “Visiting Grandfather Durov” at the “Grandfather Durov’s Corner” theater

    Address: Durova street, house 4, building 2

    Date: November 21

    Age limit: 0

    The performance dedicated to the founder of the theater, the famous trainer and artist Vladimir Durov, is created in the format of a divertissement – numbers not connected by a common plot will follow one another. But they are united, of course, by love for animals. Children will get acquainted with the actors of “Grandfather Durov’s Corner”: dogs, cats, goats, raccoons, a fennec fox, ferrets, crows and monkeys.

    Tickets – on mos.ru.

    “The Tale of the Soldier and the Firebird and the Stupid Queen” at the Moscow Children’s Fairytale Theatre

    Address: Bolshoy Fakelny Lane, Building 18, Bldg. 2

    Date: November 2

    Age limit: 6

    The main character of the production, the Soldier, is a man who is experienced, but trusting, lives with an open heart. But whether the stupid queen has a heart is a big question, she is so greedy, stupid and stupid. But in good fairy tales, good always prevails, so the Soldier will overcome all the tests: he will defeat the deceitful merchant and the treacherous minister, and will also meet love – the beautiful Mashenka.

    You can buy tickets on mos.ru.

    “Well Done, Tom Thumb!” at the Moscow Puppet Theatre

    Address: Bazhova street, house 9

    Date: November 17

    Age limit: 6

    Many people know the tale of Tom Thumb in the version by the Brothers Grimm, and the Moscow Puppet Theater based it on Nikolai Shuvalov’s play. Together with the young and brave spectators, the cheerful and resourceful hero will stroll along new paths of the famous story and reveal the meaning of the proverb “Small but precious.”

    You can buy tickets on mos.ru.

    “Alice in Wonderland” at the Folklore Center “Moscow”

    Address: Barclay Street, Building 9

    Dates: November 10 and 23, December 7

    Age limit: 6

    Gleb Matveychuk’s musical based on the famous fairy tale by Lewis Carroll will surely appeal not only to children, but also to their parents.

    Alice sees a dream full of metaphors, riddles and unusual adventures. Will she be able to show courage, bravery and perseverance to find the way home, win the fight with the cruel Red Queen and wake up?

    Viewers will see a story of first love, attempts to find answers to important everyday and philosophical questions, as well as an unexpected twist on a familiar plot.

    Tickets – on mos.ru.

    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://vvv.mos.ru/nevs/item/145926073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Young Muscovites create cartoons about SVO participants and veterans of the Great Patriotic War

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Pupils extracurricular activities center “Na Sumsky”created the cartoon “A Minute of Holy Memory”, dedicated to the fighters of the special military operation (SVO) and veterans of the Great Patriotic War. This is the first computer animation of the senior children of the advanced level group of the studio “Tryam!” The work won the city multimedia competition “We are Muscovites”.

    The studio’s youngest students – preschoolers – prepared drawings with wishes for the special operation participants, which also appear in the cartoon.

    “The cartoon is based on a poem by the poet Alexei Shmelev, who helps the SVO fighters. The guys were very active in creating the cartoon, they worked harmoniously, as one team. When it was necessary to come up with the main character – a soldier, he was copied from the older brother of one of the studio members,” said Lyubov Lazareva, the head of the animation studio.

    Now the children are creating a new project dedicated to the upcoming 80th anniversary of the Victory. The educational cartoon will be filmed using computer animation. It will illustrate the movements of troops on the world map. To accurately convey the facts, the children studied and recreated on the screen models of military equipment from the Great Patriotic War.

    In addition, the studio participants weave tactical bracelets for the SVO fighters and write letters to them.

    The guys from the “Art Modeling in 3D” studio also support the participants of the special operation. Under the guidance of teachers, they developed models of keychains in the form of a house, a heart, the sun and the word “thank you”, and then printed them on a 3D printer and sent them to the fighters on the front lines.

    “Our students, having received feedback – a video message from servicemen, were very inspired to create new functional household items, which are so necessary today in the SVO. They decided to develop a model of a compact stand for a phone. We are already preparing the first batch of such products,” said Anna Dzhunkovskaya, head of the Art Modeling in 3D studio.

    The extracurricular activity center “Na Sumsky” was founded in 1918. Currently, 5.5 thousand children study there, they attend 328 clubs and sections.

    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://vvv.mos.ru/nevs/item/145931073/

    MIL OSI Russia News –

  • MIL-OSI Australia: Interview with Loretta Hart, 94.7 The Pulse

    Source: Australian Ministers 1

    LORETTA HART, HOST: As we celebrate 50 years of community radio in Australia, we’re featuring women doing great things in the sector and those making an impact on it. One such woman is my next guest, someone who is a champion for all things community broadcasting, the Honourable Michelle Rowland, Minister for Communications. Welcome to the program.

    MICHELLE ROWLAND, MINISTER FOR COMMUNICATIONS: Great to be with you. 

    HART:  And we’ve also been joined by Libby Coker in the studio as well, our Federal Member for Corangamite. Welcome, Libby.

    LIBBY COKER, FEDERAL MEMBER FOR CORANGAMITE: Welcome to you too. It’s great to be with you.

    HART: And look, I can’t go past that we actually got our station manager. Leo. Leo, welcome back from long service leave.

    LEO RENKIN, 94.7 STATION MANAGER: Thank you, Loretta. It’s been a very entertaining first day.

    HART: Absolutely. So, Michelle, you know, we know that the Labor Government introduced community radio back in the ‘70s. Can you share with us the importance of community broadcasting and radio, what- the importance it holds for the Government of today?

    ROWLAND: It’s absolutely an essential part of our media ecosystem, and I think it is opportune to reflect when Gough Whitlam started community broadcasting 50 years ago, it was referred to as experimental. So this was a step into the unknown about what can be done with this very valuable resource we call spectrum. I think it was one of the wisest moves that’s been made in communications regulation in this country, because where community broadcasting fits in in this whole ecosystem is it provides the heavy lifting that’s been done on media diversity. We are one of the most concentrated media ownership markets in the world, and to have hundreds of community broadcasters right around Australia serving localism, supported by volunteers, having connections with community.

    I’m really privileged to be here, just seeing the connections that you have with individuals, with community, how you reflect the local area. You try and think of another media format that can do that. You can’t. You can’t do it on a digital platform. You can’t do it in a profit making commercial broadcasting sense. It’s done through people who want to make a difference. Meeting Marwa, earlier from Syria, one of your stars. Clearly, that’s been life changing for her and she’s found a place here. I just think that says it all. It says everything about community broadcasting, community radio. It really does bring people together. Congratulations to The Pulse for clearly doing it so well. You really are the epitome of why we support this sector.

    HART:  Thank you so much. You used the word experimental, and I know we’re 50 years on, but I would say it still feels experimental. We have this opportunity to bring in new voices, to try new things to be nimble, which is such an exciting place for us to be. I’m wondering, Michelle, you know, as we move into this on demand lifestyle, I watch everything these days on – when it suits me on the TV, people are into their podcasts. Where do you see community radio fitting into this on demand space?

    ROWLAND: I think community radio is going to continue to innovate. Everyone thought radio was going to die with the advent of the iPod and then the iPhone, but community radio has really still found its place. You can find the app; you can listen to it anywhere you want. We’ve introduced a prominence framework in Australia as well to make local content easier to find. I think that the sector will continue to adapt, and I think it does it through two ways. Firstly, it is that local element, but it also is able to connect. It’s two-way. It’s not television. It’s two-way. When you have those personalities that are able to engage, continue to innovate through innovations like podcasting. Podcasting is one of those things, you know, it took off a few years ago, as did- we saw it with the ABC developing iView to have a library. Community broadcasting is doing the same thing, and it’s that kind of innovation that is going to keep it strong. But the key thing here, I’m sure Libby will agree, you need people. You need people, which goes to the whole reason why we’re doing the first really deep sustainability dive into the sector. You can’t operate for profit, but sponsorships are harder to come by. Volunteerism is on the decline, that’s just a fact. So we’ve got to look at new ways of support, and you’ve got to be able to attract people to be part of this. You’re doing it so well here. I could tell as soon as I walked in – you’re very lucky, Libby, to be representing such a special electorate.

    COKER: Yeah. Thanks, Michelle. I’m very fond of The Pulse. It’s been a place where people can come together and it fills a unique niche in this region. We have commercial radio, but we are also quite limited in our range of media. So if you want to have an in-depth interview on an issue, you really need to come to The Pulse to do that. I wish you all the best, and hope you continue to go from strength to strength and be here for another 50 years. It’s an impressive effort.

    HART:  Thank you, Libby. We will hold you to helping us.

    COKER: Yes, I know you will.

    LEO RENKIN CO-HOST: Just one thing that we haven’t really mentioned is the people who go on from the community radio station as well. Like we have Stefan, who’s gone back to Serbia and now presents TV over there. We also have Michelle Rimmer, you might see who’s an ABC reporter over in the UK – they all get their start somewhere like here. It’s very important because most commercial stations and there’s very limited opportunities at the ABC to get experience, and without it, there would be a lot of people who couldn’t go on and make a career out of radio. I think it’s one of the most underrated, important things that happen, not only radio, TV they go onto as well.

    HART: Couldn’t agree more.

    RENKIN: Yeah. That’s part of I think that thing is getting harder and harder to get experience, particularly for people in the media. I think that’s one of the things that we often forget about. You know, coming to a place like we’ve spoken about Marwa this morning, coming to a place where you can then get a chance to go ahead and do those things in media. Without it, as you mentioned before, it’s not a very diverse sector in the media field.

    ROWLAND: I think it’s great that people who are in community broadcasting, like Rove McManus, you know, he got his start on community TV. They go on to great things. But we also want them to stay.

    RENKIN: Exactly.

    ROWLAND: To nurture others as well. So it becomes a virtuous cycle.

    RENKIN: That’s right. They get picked very quickly, yeah.

    HART:  That’s right. I keep telling Marwa not to be so good because SBS is going to find her. She’s our most downloaded program and does an amazing job for her community. But I think that’s right. I mean, and we’re really proud of the links that we’re making with Deakin to support young journalists, students, and those in communications and marketing to come in. I want to give a shout out we had a young man, Cooper Watkins. Cooper came and did an eight-week intro to broadcasting program with us. Just on the weekend, he hosted an hour program with three interviews, and then on Monday, did six interviews for a two-hour program. And he’s just finished his journalism degree. But he is eager to get his hands on these buttons, to get behind the microphone and to get experience.

    So you’re right, Leo. I think that whilst we can have diverse voices, we can have underrepresented stories being given some air, but we’re also a training ground. But you’re right, Michelle, we want people to stay as well. Yeah.

    RENKIN: I’ve got Loretta chained to the desk actually.

    [Laughter]

    I think one of the underrated things about community radio is, like we’ve seen this morning, a diverse group of people coming together, and I think that’s very important for social cohesion as well. We often think of everyone in the community being different, but a place where they can come together and be different is a very special thing to have.

    ROWLAND: Couldn’t agree more.

    HART:  Michelle, just lastly, what can we look forward to- as community broadcasters, what can we look forward to the Albanese Government supporting and providing in this space?

    ROWLAND: Well, I want to reiterate that this is a government that doesn’t just say we support community broadcasting. We’ve backed that up with $23 million in funding. We want to continue to make sure that this sector remains strong. The first Bill I actually presented to the Parliament as Minister was on community broadcasting to help ease some of that regulatory burden. We have the sustainability review that’s being finalised by my Department now. I think it’s been really important to go out and to consult with the sector about what their needs are. When that comes through, I’m sure it will have some really practical suggestions in there for reform.

    But as Libby will tell you too, you know, we want to be judged on our delivery. It’s really something to be able to go to- I’ve lost count of how many community radio stations I’ve been to or have been on around Australia. But I want to be clear to your listeners. We’re a Government of delivery. We’re not afraid of the hard reforms. There are hard things happening in the media at the moment. This sector is under great challenge through the multinational digital platforms, under great stress through just the transition as well. It’s not the advertising market that it used to be. It is hard. There has to be that adaptation across mainstream media, but also by every part of the ecosystem, including community and just discussions today. This is an area that’s not without its challenges, even here in Geelong.

    But I can give you this commitment that we want to follow through on ensuring sustainability. We are going to have to make some hard decisions. But you can be assured that with good people like Libby backing you up in the Parliament as well, I think that this is a universally supported sector. It’s one that actually goes right across the aisle. You get people from regional areas and from metro areas who do support community radio. So I think that the proposals that we will put up, I’m confident that they’ll have strong support. There’s always a need to do more. Let’s be clear. I want to do expectations management. There’s always a need to do more. With hundreds of community radio stations across Australia with so many thousands of volunteers, we do have to remember I think come back to first principles. This is the fourth estate. It’s about making sure that authentic Australian voices, entertainment, and news get out there. We’re in an era of mis- and disinformation that is harmful to our democracy. This fourth estate that you support here is the front row of that fight against it. That’s one of the key reasons why I’m so passionate about it.

    RENKIN: Can I just add to that, Loretta?

    HART: Yeah, well, you can, but you’ve got 30 seconds.

    RENKIN: Sorry, 30 seconds. We found in COVID that we did have enormous amount of people come to us from different ethnic groups and want us to promote the vaccination programs and things that were going on because the only information they were referring to was online stuff, information from their own country. So for example, they were getting information from Croatia about what was going on, and then trying to think that was what was going to go on in Australia. Well, it was completely wrong. So we had some of our presenters come in and say, we have to get this message out, we have to get this message out. I think that’s one of the things that we- you know, when you said before about being the fourth pillar, I suppose, is that we can provide information from local community groups and for the local community groups, the best thing they know is word of mouth. And if it comes from one of the representatives, and then-

    ROWLAND: They trust. 

    RENKIN: They trust, exactly.

    HART:  They do indeed. It’s been a very fantastic conversation this morning. Thanks so much to Leo. Thanks very much to Libby Coker. And also thanks so much, Michelle, for being here, our Federal Minister for Communications. It’s been wonderful to have you in the studio with us.

    ROWLAND: Absolute pleasure.

    COKER: Thank you.

    MIL OSI News –

  • MIL-OSI Economics: Bladder cancer diagnosed incident cases across 8MM to reach 0.34 million in 2033, forecasts GlobalData

    Source: GlobalData

    Bladder cancer diagnosed incident cases across 8MM to reach 0.34 million in 2033, forecasts GlobalData

    Posted in Pharma

    The diagnosed incident cases of bladder cancer in the eight major markets (8MM*) are set to register an annual growth rate (AGR) of 2.24% from 0.28 million in 2023 to 0.34 million in 2033, forecasts GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Bladder Cancer – Epidemiology Forecast to 2033,” reveals that the US will have the highest number of diagnosed incident cases of bladder cancer among the 8MM at 0.10 million cases, whereas France will have the lowest number at 0.02 million cases in 2033.

    Antara Bhattacharya, Associate Project Manager, Epidemiology team at GlobalData, comments: “In 2023, men are more affected than women with approximately 78% men and 22% women.”

    Older adults in ages 60 years and above accounted for almost 87% of the diagnosed incident cases of bladder cancer in the 8MM in 2023, while younger adults in ages 18–59 years accounted for approximately 13% of the cases.

    GlobalData estimates that in 2023, approximately 45% of the incident cases of bladder cancer were diagnosed in the early stages by AJCC TNM staging, whereas only 6% of cases had a delayed diagnosis. Additionally, approximately 79% of the incident cases by tumor “T” stage at diagnosis were diagnosed in earlier stages, whereas only 4% cases were in severe stages.

    The high rate of diagnosis at earlier stages can be attributed to the success of increasing rates of cystoscopy, which is an invasive and expensive procedure. Approximately 74% of diagnosed prevalent cases of NMIBC relapse or recurred to MIBC.

    Bhattacharya concludes: “Bladder cancer is the ninth most common cancer type, and timely detection of the disease is both challenging and expensive. Diagnosis relies mainly on cystoscopy, which is an invasive procedure and difficult in low-resource settings. Even after being diagnosed in early stages when the disease is highly treatable, the relapse and recurrence rates are high.

    “Hence, adequate research and medical interventions are needed to facilitate different medical approaches for the timely detection and treatment. Epidemiological studies focusing on bladder cancer stages with relapse or recurrence can improve treatment outcomes. Additionally, bladder cancer treatment requires a multifaceted approach that integrates medical and surgical interventions, lifestyle modifications, ongoing support, along with immunotherapy, targeted therapy, clinical trials, and follow-up care.”

    *8MM: The US, 5EU (France, Germany, Italy, Spain, the UK), Japan, and urban China.

    MIL OSI Economics –

  • MIL-OSI Russia: The number of users of the My ID service has doubled since the beginning of 2024

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Mobile application “My id” is becoming increasingly popular among Muscovites. Since the beginning of this year alone, the number of users has more than doubled. It now exceeds 125 thousand people.

    In the capital Department of Information Technology noted that the demand for the application is growing due to the constant expansion of its capabilities.

    “Since the launch of “My ID”, the number of documents whose information can be viewed in it has increased by 1.5 times. For example, a digital certificate of a large family has become available in the application, which can be presented to confirm the privileged status. At the same time, we continue to improve the already popular services of the application. Thus, recently, pet owners have the opportunity not only to view basic information about their pets, but also to control the timing of vaccinations and treatment, as well as quickly proceed to an appointment at a state veterinary clinic directly from the application,” the press service of the department said.

    With the My ID app, city residents can be sure that the necessary information will always be at hand. Currently, 14 types of documents and services are available in the app, including information on Russian and foreign passports, taxpayer identification numbers, birth certificates, SNILS, and others. This simplifies filling out various applications and online forms, and also allows sending information to trusted persons.

    In addition, the application provides digital versions of some documents, including a compulsory medical insurance policy, a single library card, and a large family certificate. They can be used to obtain various city services. For example, the barcode of the single library card from the application can be presented in the capital’s libraries to borrow and return books, and the QR code of the digital certificate of a large family will allow you to confirm your privileged status, for example, when buying tickets in the capital’s cultural institutions.

    Any registered user of the mos.ru portal can use the application – just log in to the application using your account. In the settings, the user can independently select the documents that he wants to use. The information specified by the user in the personal account or provided when receiving government services will be automatically displayed in the application.

    The mobile application “My id” is developing Department of Information Technology of the City of Moscow together with the State Institution “New Management Technologies”.

    The use of digital technologies and artificial intelligence to improve the quality of life of city residents corresponds to the objectives of the national program “Digital Economy of the Russian Federation” and the regional project of the capital “Digital Public Administration”. More information about this and other national projects implemented in Moscow can be found Here.

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

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

    https://vvv.mos.ru/nevs/item/145916073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Sobyanin: More than 3.4 thousand coaches and teachers prepare athletes in Moscow

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Sergei Sobyanin congratulated Muscovites on Coach’s Day and wished everyone who works in this field success in their work.

    “Today, Russia celebrates Coach’s Day. This is an opportunity to pay tribute to the most important people in the lives of athletes, those who pass on their invaluable experience and support them throughout their careers,” the Moscow Mayor noted on his Telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin 

    More than 3.4 thousand specialists are involved in training athletes in Moscow, 350 of whom hold the title of “Honored Trainer of Russia”.

    “In addition, the number of amateurs who regularly engage in physical culture is growing, so specialized specialists are in great demand. There are many sports dynasties in Moscow. Children, inspired by their parents, follow in their footsteps. First they do it themselves, then they start teaching,” added Sergei Sobyanin.

    An example of the capital’s sports dynasty is the spouses Raisa and Sergey Galperin, who have trained more than one generation of successful athletes. Both are honored coaches of Russia. Their sons Gleb and Egor also linked your life with sports.

    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://vvv.mos.ru/major/themes/11969050/

    MIL OSI Russia News –

  • MIL-OSI Russia: Thanks to the service on mos.ru, large families can receive compensation for the purchase of school uniforms

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Moscow families with many children receive annual compensation for the cost of purchasing school uniforms for more than 340 thousand children. In total, there are over 200 thousand families with many children in the capital. Digital city services are provided for them, which make life easier and allow them to spend as much time as possible with their children.

    The annual compensation payment for the 2024/2025 academic year, which parents can receive for the purchase of a school uniform, was made in May of this year. The service is provided to children aged six to 16 years old if the large family has a valid preferential status.

    “We see a steady increase in the number of users of this service every year — about 30 thousand new applications. Already about 340 thousand children receive compensation. At the same time, the peak of initial applications from year to year falls at the beginning of the school year — September and October. It is enough to submit an application for the service once, then the payment will be assigned automatically, and the information will be verified online. This procedure for receiving is especially convenient for parents with many children, because digitalization frees them from the need to fill out documents on time every year and allows them to spend time on leisure with their family,” she noted.

    Elena Shinkaruk, Chairman of the Committee for State Services of the City of Moscow.

    A parent of a large family in which a child will go to first grade in the new school year, as well as in which children after 16 years of age will continue their education in educational institutions, can apply for payment starting from September 1 annual compensation. To do this, you need to submit an application on the mos.ru portal. It is required for families that became large after May of this year, as well as for families in which children went to school before reaching the age of six or in which children over 16 continue their education at school or college. For families that became large, it is enough to submit an application once.

    “To submit an application, you will need the passport details of both parents indicating their registration at their place of residence in Moscow, and the child’s birth certificate. Information about the child’s education in an educational institution will be received by the Social Treasury, which makes the payment, as a result of interdepartmental interaction,” she specified.

    Ekaterina Logacheva, Deputy Head of the Department of Labor and Social Protection of the Population of the City of Moscow.

    If the child is studying in a private or federal educational institution, a certificate must be provided.

    GetThe status of a large family can only be obtained on the mos.ru portal since November 2020. In case of a positive decision, a notification of assignment (extension) of the preferential status is sent to the applicant in his personal account.

    As noted in the capital Department of Information Technology, a certificate of a large family for Muscovites is available in digital format. The electronic document is equivalent to a paper one and contains a unique QR code, information about all members of the large family and the validity period of the benefit. All Muscovites with the status of a large family automatically receive a certificate in their personal account on the mos.ru portal. It can be downloaded to your smartphone as a pdf file. The document can also be used using the city mobile application “My id”.

    The digitalization of the above services and services for large families is the result of joint work Committee of State Services of Moscow, capital Department of Labor and Social Protection of the Population and the Department of Information Technology.

    The use of digital technologies and artificial intelligence to improve the quality of life of city residents is in line with the objectives of the national program “Digital Economy of the Russian Federation” and the Moscow regional project “Digital Public Administration”. More information about the national projects implemented in the capital can be found Here.

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

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

    https://vvv.mos.ru/nevs/item/145904073/

    MIL OSI Russia News –

  • MIL-OSI Russia: From Classicism to Art Deco: Mosgornasledie Opens the Exhibition “Architecture and Fashion. In the Flow of Time”

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The Moscow Department of Cultural Heritage invites you to the exhibition “Architecture and Fashion. In the Flow of Time”. It will be held in the Worker and Kolkhoz Woman pavilion at VDNKh. Visitors will be able to trace the relationship between architecture and fashion: learn how the trends of the time were manifested both in the historical buildings of the city and in the fashionable images of its residents.

    “Moscow is a city where, walking along the streets, you can see architectural monuments of completely different styles: classicism, baroque, modernism, constructivism and many others. The exhibition “Architecture and Fashion” is designed to show this diversity, the entire palette of the capital’s cultural heritage sites and their unique architectural details. Last year, the event received a great response, and we are pleased to invite everyone to visit the new exhibition,” said the head of the Department of Cultural Heritage of the City of Moscow.

    Alexey Emelyanov.

    The exhibition includes eight sections dedicated to different architectural styles and their refraction in fashion: from mature classicism to art deco. The Ostafyevo Museum-Estate, the Khlodov-Panteleyev House on Zemlyanoy Val, the Lopatina mansion on Bolshaya Nikitskaya, the Kievsky Railway Station building, the V.P. Zotov Bakery on Khodynskaya Street and other cultural heritage sites of the 18th–20th centuries will be presented here. Against their background, you can see costumes from the corresponding eras. For example, the I.S. Turgenev Museum-Estate on Ostozhenka and outfits that the heroines of the great writer’s works could have worn, a masterpiece of constructivism, the Narkomfin House on Novinsky Boulevard, combined with the geometry of the dress — the costume of the new man of the 1920s, as well as the building of the Russian State Library on Vozdvizhenka Street and art deco silhouettes.

    The authors of the exhibition believe that architecture serves as a guiding thread for fashion, which in turn inspires architects to new ideas. These two trends have been and remain a reflection of any era.

    At the exhibition, guests will be able to join a guided tour and panel discussions with experts in the field of architectural history and fashion. The project will be of interest to anyone interested in historical and cultural heritage and creative industries.

    The organizers of the exhibition “Architecture and Fashion. In the Flow of Time” hope that its holding will contribute to increasing interest in the topic of the cultural and historical heritage of the capital, the history of Moscow architecture, its preservation and development.

    The exhibition can be seen from November 2 to 21 every day except Monday, from 11:00 to 22:00.

    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.mos.ru/nevs/item/145918073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Competitions, master classes and interactive exhibition: Moscow to host Sportland family festival

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The Sportland family festival will be held in Gostiny Dvor on November 1 and 2 from 11:00 to 19:00. It will be held with the support of the capital’s Department of Sports. The festival will feature more than 50 sports, master classes, competitions and other events.

    Thus, the organizers will offer participants to take the route “Sport as a Game”, where they will get acquainted with different sports in a game format. Among them are rugby, boxing, roller sports, rock climbing, tug-of-war, wushu, shooting, golf, fishing, sword fighting, parachute and kettlebell lifting, sports dancing and others.

    The interactive exhibition of the Sportland Expo festival will tell guests about strategic and developmental games, fitness programs, new and traditional forms of joint leisure and recreation, and will also present the products and services of partners in the healthy lifestyle industry.

    The festival will feature a program called “Family Competitive Testing” and for the first time will host open Moscow family games called “My Family – My Team”. Everyone is welcome to participate – both a full family team and a child accompanied by one of the parents. The conditions can be found on the website. Following the competition, everyone will receive a medal for participation, and the winners will be awarded sets of useful paraphernalia with the symbols of “Moscow Sport”.

    In addition, the main stage will host a non-stop multi-genre competition for young athletes and artists, “Sport as Art”.

    For the most active participants, the event organizers and partners have prepared prizes. Every day at certain hours, the “Time of Gifts” campaign will be held.

    Entry to the festival is free, with prior registration. You can register and also find out the detailed schedule of all events on the website festival. Guests of the festival will need to bring comfortable clothes and shoes. First of all, the festival is waiting for parents with children who want to choose a sport and participate in competitions with their family.

    “Sportland” is an interactive platform that unites organizations that work in the field of mass sports, healthy lifestyle, family leisure and children’s creativity. The main goal of the festival is to form a healthy lifestyle and joint family leisure. The event is dedicated to the Year of the Family. It contributes to the implementation of the national project “Demography”, as well as the regional project “Sport is the Norm of Life”. More information about this and other national projects implemented in Moscow can be found on a special page.

    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.mos.ru/nevs/item/145896073/

    MIL OSI Russia News –

  • MIL-OSI Russia: More than 30 thousand students took part in the Moscow Youth Days

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Over 30,000 students from more than 60 educational institutions in the city joined the Moscow Youth Days this year. Events in this format have been held in the capital since 2023.

    “The Days of the Moscow Youth are an important communication platform for interacting with students. Here, kids can get to know the areas that interest them better, and also learn a lot of useful information about large-scale events and city projects,” she noted.

    Ekaterina Dragunova, Chairman of the Committee for Public Relations and Youth Policy of Moscow.

    The project days are held at the capital’s universities and colleges throughout the academic year. In 2023, more than 22 thousand students took part in them. In 2024, the Moscow Youth team visited more than 60 educational institutions in Moscow, including the National University of Science and Technology MISIS, the Russian State University for the Humanities, the National Research University Higher School of Economics, the Moscow Aviation Institute and many others. The last day of Moscow Youth this year was held on October 30 at the Kutafin Moscow State Law University.

    Representatives of the “Youth of Moscow” spoke about key events and student competitions. After that, the students visited a project fair, where they talked to teams, took part in various events and themselves became activists. Here you could find a community of interests and, together with like-minded people, engage in career advancement, stand-up comedy, public speaking, street sports and much more.

    Students also had the opportunity to join the Youth of Moscow team and become ambassadors of the project. At the moment, more than 120 people have joined their ranks. They introduce other students to the opportunities the city provides to young Muscovites, such as campaigns, useful resources, innovative sites, educational programs and large-scale events. To join the team of ambassadors, you must submit an application on a special page.

    Days of Moscow Youth are a convenient platform for direct interaction with the active youth of the city. Every semester, educational institutions of the capital host off-site events, where students are introduced to various projects. Moscow Youth is constantly working in 11 areas. The team has organized over 3.5 thousand events, in which more than two million people took part.

    You can find out more about the project on the portal orin social networks.

    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.mos.ru/nevs/item/145924073/

    MIL OSI Russia News –

  • MIL-Evening Report: US elections: Editorial writers at LA Times, Washington Post resign after billionaire owners block Kamala Harris endorsements

    Democracy Now!

    This is Democracy Now!, “War, Peace and the Presidency.” I am Amy Goodman, with Juan González:

    The Los Angeles Times and The Washington Post newspapers are facing mounting backlash after the papers’ publishers announced no presidential endorsements would be made this year. The LA Times is owned by billionaire Patrick Soon-Shiong, and The Washington Post is owned by Amazon’s Jeff Bezos.

    National Public Radio (NPR) is reporting more than 200,000 people have cancelled their Washington Post subscriptions, and counting.

    A number of journalists have also resigned, including the editorials editor at the Los Angeles Times, Mariel Garza, who wrote, “How could we spend eight years railing against Trump and the danger his leadership poses to the country and then fail to endorse the perfectly decent Democrat challenger — who we previously endorsed for the U.S. Senate?”

    Veteran journalists Robert Greene and Karin Klein have also resigned from the L.A. Times editorial board.

    At The Washington Post, David Hoffman and Molly Roberts both resigned on Monday from the Post editorial board. Michele Norris also resigned as a Washington Post columnist, and Robert Kagan resigned as editor-at-large.

    David Hoffman, who just won a Pulitzer Prize for his series “Annals of Autocracy,” wrote, “I believe we face a very real threat of autocracy in the candidacy of Donald Trump. I find it untenable and unconscionable that we have lost our voice at this perilous moment.”

    David Hoffman joins us now, along with former Los Angeles Times editorials editor Mariel Garza.

    David Hoffman, let’s begin with you. Explain why you left The Washington Post editorial board. Oh, and at the same time, congratulations on your Pulitzer Prize.

    DAVID HOFFMAN: Thank you very much.

    I worked for 12 years writing editorials in which I said over and over again, “We cannot be silent in the face of dictatorship, not anywhere.” And I wrote about dissidents who were imprisoned for speaking out.

    And I felt that I couldn’t write another editorial decrying silence if we were going to be silent in the face of Trump’s autocracy. And I feel very, very strongly that the campaign has exposed his intention to be an autocrat.

    JUAN GONZÁLEZ: And, David Hoffman, is there any precedent for the publisher of The Washington Post overruling their own editorial board?

    DAVID HOFFMAN: Yeah, there’s lots of precedent. It’s entirely within the right of the publisher and the owner to do this. Previous owners have often told the editorial board what to say, because we are the voice of the institution and its owner. So, there’s nothing wrong with that.

    What’s wrong here is the timing. If they had made this decision early in the year and announced, as a principle, they don’t want to issue endorsements, nobody would have even blinked. A lot of papers don’t. People have rightly questioned whether they actually have any impact.

    What matters here was, we are right on the doorstep of the most consequential election in our lifetimes. To pull the plug on the endorsement, to go silent against Trump days before the election, that to me was just unconscionable.

    JUAN GONZÁLEZ: And, Mariel Garza, could you talk about the situation at the LA Times and your reaction when you heard of the owner’s decision?

    MARIEL GARZA: Certainly. It was a long conversation over the course of many weeks. We presented our proposal to endorse Kamala Harris. And, of course, there was — to us, there was no question that we would endorse her. We spent nine years talking about the dangers of Trump, called him unfit in 5 million ways, and Kamala Harris is somebody that we know. She’s a California elected official.

    We’ve had a lot of conversations with her. We’ve seen her career evolved. We were going to — we were going to endorse her. And there was no indication that we were going to suddenly shift to a neutral position, certainly not within a few weeks or months of the election.

    At first, we didn’t get a clear answer — sounds like it’s the same situation that happened at The Washington Post — until we pressed for one. We presented an outline with — these are the points we’re going to make — and an argument for why not only was it important for us, an editorial board whose mission is to speak truth to power, to stand up to tyranny — our readers expect it.

    We’re a very liberal paper. There is no — there is no question what the editorial board believes, that Donald Trump should not be president ever.

    AMY GOODMAN: Mariel, I wanted to —

    MARIEL GARZA: So, it was perplexing. It was mystifying. It was — go ahead.

    AMY GOODMAN: Mariel, I wanted to get your response to the daughter of the LA Times owner. On Saturday, Los Angeles Times owner Patrick Soon-Shiong’s daughter Nika Soon-Shiong posted a message online suggesting that her father’s decision was linked to Kamala Harris’s support for Israel’s war on Gaza.

    Nika wrote, “Our family made the joint decision not to endorse a presidential candidate. This was the first and only time I have been involved in the process.

    “As a citizen of a country openly financing genocide, and as a family that experienced South African Apartheid, the endorsement was an opportunity to repudiate justifications for the widespread targeting of journalists and ongoing war on children,” she wrote.

    Her father, Patrick Soon-Shiong, later disputed her claim, saying that she has no role at the Los Angeles Times. Mariel Garza, your response?

    MARIEL GARZA: Look, I really don’t know what to say, because I have — that was — if that was the case, it was never communicated to us. I do not know what goes on in the conversation in the Soon-Shiong household. I know that she is not — she does not participate in deliberations of the editorial board, as far as I know. I’ve never spoken to her.

    We all know how she feels about Gaza, because she’s a prolific tweeter. So, I really can’t say. And this is part of the bigger problem, is we were never given a reason for why we were being silent.

    If there was a reason — say it was Israel — we could have explained that to readers. Instead, we remain silent. And that’s — I mean, this is not a time in American history where anybody can remain silent or neutral.

    JUAN GONZÁLEZ: And, David Hoffman, this whole issue has been raised by some critics of Jeff Bezos that his company has a lot of business with the US government, and whether that had any impact on Bezos’s decision. I’m wondering your thoughts.

    DAVID HOFFMAN: I can’t be inside his mind. His company does have big business, and he’s acknowledged it’s a complicating factor in his ownership. But I can’t really understand why he made this decision, and I don’t think it’s been very well explained. His explanation published today was that he wants sort of more civic quiet, and he thought an endorsement would add to the sense of anxiety and the poisonous atmosphere.

    But I disagree with that. I think, like in the LA Times, I think readers have come to expect us to be a voice of reason, and they’ve looked to endorsements at least for some clarity. So, frankly, I also feel that we’re still lacking an explanation.

    AMY GOODMAN: You know, you have subtitle, the slogan of The Washington Post, of course, “Democracy Dies in Darkness.” It’s being mocked all over social media. One person wrote, “Hello Darkness My Old Friend.”

    David Hoffman, your response to that? But also, you won the Pulitzer Prize for your series “Annals of Autocracy,” and you talk about digital billionaires, as well, and what this means. How does this fit into your investigations?

    DAVID HOFFMAN: You know, I would hope everybody would understand and acknowledge that we’ve done a lot of good for democracy and human rights. You know, I’ve had governments react sharply to a single editorial. When we call them out for imprisoning dissidents, it matters that we are very widely read.

    And that’s another reason why I feel this was a big mistake, because we actually were on a path, for decades, of championing democracy and human rights as an institution.

    And, you know, I have to tell you, I wrote a book in Russia about oligarchs. I understand how difficult it is when you have a lively and independent group of journalists. And ownership really matters. And, you know, we’re not just another widget company.

    This is actually a group of very, very deep-thinking and oftentimes very aggressive people that have a desire to change the world. That’s the kind of journalism that The Washington Post has sponsored and engaged in.

    In 2023, we published a series of editorials that took a look deep inside how China, Russia, Burma, you know, other places — how these autocracies function. One of the findings was that many of these dictatorships are using technology to clamp down on dissent, even things as tiny as a single tweet.

    Young people, young college students are being thrown in prison in Cuba, in Belarus, in Vietnam. And I documented these to show how this technology actually isn’t becoming a force for freedom, but it’s being turned on its head by dictatorship.

    AMY GOODMAN: We have to leave it there, David Hoffman, Washington Post reporter, stepped down from the Post editorial board when they refused to endorse a presidential candidate; Mariel Garza, LA Times editorials editor who just resigned.

    I’m Amy Goodman, with Juan González.

    This programme is republished under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States Licence.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: From an ambulance to a hybrid operating room: How Moscow saves stroke patients

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Stroke is an acute disorder of blood supply to the brain, in which it is important to provide fast and high-tech assistance. In Moscow, a stroke network has been created on the basis of the largest multidisciplinary hospitals, which includes 13 specialized centers. In anticipation of World Stroke Day, which is celebrated on October 29, we tell you about one of them – at the flagship emergency care center City Clinical Hospital (CCH) No. 15 named after O.M. Filatov.

    A mos.ru correspondent followed in the footsteps of a patient at a stroke center and talked to doctors. How a multidisciplinary team is formed, what high-tech equipment allows finding the brain lesion and performing minimally invasive intervention, and what a hybrid operating room looks like — in our report.

    Beyond the Red Line. From the Ambulance to the Shock Ward

    Severe headache, nausea and vomiting, loss of consciousness or loss of consciousness, convulsions. These symptoms are typical of both ischemic stroke (impaired blood circulation due to vascular occlusion) and hemorrhagic stroke (ruptured blood vessels, causing blood to enter tissues). The first step is to call an ambulance team, which will take you to the nearest stroke center with a free operating room. Osman Osmanov, Deputy Chief Physician for Emergency Care at City Clinical Hospital No. 15 named after O. M. Filatov, shows an information board installed in the admissions department of the flagship center on the first floor.

    “Already on the way, the ambulance team gives us information about the patient. On the board, we see what time the acute condition arose, what is the level of consciousness according to the Glasgow Coma Scale and hemodynamic indicators: blood pressure, pulse, respiratory rate, saturation. In all flagship centers, the “triage” system has been implemented, according to which people are distributed among functional zones depending on the priority of assistance: red, yellow or green. Critical patients are marked on the board in red. Stroke is always “red”. Due to a blood clot in a vessel, brain tissue is damaged due to starvation,” Osman Osmanov specified.

    Meanwhile, a patient arrives at the center. There is a separate entrance for ambulances: through a spacious box separated from the reception area by glass doors. These doors open automatically for the team. Following the red line on the floor, it takes the patient to the anti-shock department. Doctors simultaneously register the person and collect a full anamnesis from the ambulance paramedics. Five minutes after arriving at the center, the patient is taken to the CT room.

    A multidisciplinary team is formed for each new case, emphasized Ikram Tagirov, head of the resuscitation and intensive care department for patients with acute cerebrovascular accident.

    “Not a minute can be wasted in vascular accidents, the life and subsequent rehabilitation of a person depend on our actions. That is why stroke centers are opening in Moscow, where there is everything for diagnostics and provision of qualified medical care for such pathologies: CT, MRI, ECG, at least two angiographs, laboratory equipment. We have four X-ray surgical operating rooms, one of which is hybrid. A multidisciplinary team of neurologists, resuscitators, specialists in radiation diagnostics, and X-ray endovascular surgeons is on duty around the clock. They are ready to meet the patient when they see on the board that he is coming. Sometimes a stroke or a heart attack occurs, then we involve cardiologists. If it turns out not to be a stroke, but a hematoma, then we involve neurosurgeons,” the doctor explained.

    From the triage system to the “space” operating room: how the flagship center of the O.M. Filatov Hospital No. 15 is organizedMoscow doctors have developed a technique for diagnosing childhood strokes — SobyaninSobyanin: Vascular centers received 8 angiographs with 3D modeling functionOver the past eight years, Moscow doctors have managed to increase the number of operations performed to remove blood clots by more than 30 times.

    Computed tomography for scanning the bloodstream

    The council is assembled right in the CT room. First of all, blood is taken for analysis and a native CT examination is performed (without contrast agent): the overall picture is assessed. Then, if indicated, CT angiography is performed to detect cerebral artery occlusion.

    If a hemorrhage or a space-occupying lesion of the brain is detected during a native examination, the patient is consulted by a neurosurgeon. When a person with an ischemic stroke is admitted in the therapeutic window (the time when a drug that dissolves a clot can be administered to a patient in this condition) and in the absence of contraindications, the question of thrombolytic therapy (TLT) arises. This is the breakdown of blood clots using medications. The faster the procedure is performed, the better the effect and the lower the neurological deficit. Thrombolytic therapy has strict time limits – 4.5 hours from the onset of symptoms, noted neurologist Zaretta Kurbanova.

    “We usually understand whether a particular patient is suitable for thrombolytic therapy before the ambulance arrives, since we know the onset time of the disease. If we are convinced by native CT that the ischemic focus (zone of dead cells) has not yet formed, we perform thrombolytic therapy and administer a thrombolytic drug. By that time, the test results are ready, because before thrombolysis it is important to check hemoglobin, platelets, and a coagulogram. After a native examination of the brain, if there are indications, we proceed to CT angiography. Contrasting the vessels allows us to scan the bloodstream and find the site of blockage that caused the stroke. It is in the CT examination room that a neurologist and an X-ray endovascular surgeon decide whether endovascular intervention (thromboextraction) is possible, that is, surgical extraction of a thrombus,” said Zaretta Kurbanova.

    In case of intracerebral hematoma, angiography is used to find the source of the hemorrhage and the patient is transferred to a neurosurgeon. Diagnostic procedures take about 30-40 minutes. The next stage is the operating room.

    Inside the “space” operating room. Stenting and thrombus extraction

    We leave the CT room and call the “red” elevator. The doors open immediately, and we go in a spacious cabin to the third floor – to the operating and resuscitation unit. If an intervention were planned, the anesthesiologist would already be waiting for us here. Most often, operations are performed under general anesthesia: the patient should not move while the surgeon works with microinstruments on small vessels.

    We put on a doctor’s suit – gowns, caps, masks – and go into the hybrid operating room. This is the heart of the stroke center, and doctors call it “Cosmos”. The latest generation angiographic complex, an artificial blood circulation machine, and ultrasound devices are installed here. Cardiovascular and general surgeons, traumatologists, gynecologists and other specialists can work together in the operating room. To understand all the sensors and monitors, we ask Sergei Korotkikh, a doctor of X-ray endovascular diagnostics and treatment, to give us a tour.

    He approaches the angiographic complex, presses a button on the display, and the couch smoothly rotates in different planes. For example, it tilts to the side: in this position, cardiac surgeons can conveniently operate on the aorta. In the case of a stroke, the couch is straightened. Sergei Korotkikh presses another button, and now the angiograph tube — an X-ray machine — moves in different planes.

    “With the help of an angiograph, we display a detailed image of the lesion on the screen, “remove” bone structures and build a vascular tree. The operation is performed using a minimally invasive endovascular method. Through small punctures, we insert flexible catheters into the vessel and open a stent in the thrombosis area. It is embedded in the structure of the thrombus, and we remove them both. After the intervention, we check whether the blood flow has been completely restored. And we always monitor the pressure: it can jump or fall sharply. After the thrombus is removed, the blood supply is restored, and the tissue in the brain is soft, it reacts sensitively to the effects of blood,” the doctor explained.

    We study angiographic images taken during operations. In the first one, the black “branches” – the blood supply – are cut off. In the second one, after treatment, they stretched across the brain again. The operation lasts about half an hour, then the person, accompanied by an anesthesiologist, is transported to the neurological intensive care unit.

    On the mend. Rehabilitation and prevention of recurrent stroke

    The final stage is a comprehensive examination to identify the cause of the stroke and reduce the risk of its recurrence. Rehabilitation begins in intensive care and continues in specialized centers or hospital departments.

    Innovative equipment also helps to recover from a stroke. For example, training is carried out on exercise machines with biofeedback. And a glove exercise machine helps to restore fine motor skills of the hands. A neurointerface is used to restore statolocomotor disorders, control of upper limb movements, and cognitive functions. Muscovites can receive free medications to reduce the risk of secondary stroke for two years from the date of diagnosis.

    The city also has a stroke prevention program. People at risk undergo ultrasound examinations of the neck vessels to detect atherosclerotic plaques, and those diagnosed with atrial fibrillation are prescribed blood thinners.

    Saving Hearts. Moscow’s Chief Cardiac Surgeon on Minimally Invasive Techniques and Disease PreventionTechnologies on guard of health: what high-precision equipment is used in Moscow hospitalsAngiograph, incubator and robotic technology: what makes the capital’s new medical centers uniqueSobyanin spoke about the new standard of emergency medical care in flagship centers

    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://vvv.mos.ru/nevs/item/145869073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Construction of the International Hockey Academy continues in the Mnevnikovskaya floodplain

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    As part of the formation of a sports cluster in the Mnevnikovskaya floodplain, the construction of the Alexander Ovechkin International Hockey Academy continues. This was reported by the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy Vladislav Ovchinsky.

    “The main building of the Alexander Ovechkin International Hockey Academy will have training grounds and two ice arenas. One of them will have an auditorium for 1,500 seats. A multifunctional conference hall will also be equipped here. A hotel for athletes and a recovery and rehabilitation center are being built on the territory of the academy. In addition, as part of the formation of a sports cluster, they plan to build a beach sports center and a year-round water recreation and entertainment complex here,” explained Vladislav Ovchinsky.

    In addition, Mnevnikovskaya floodplain will have well-equipped tennis courts, volleyball, streetball, and workout courts. They will also build an ice and multi-purpose sports palace, an ice palace, a multi-functional building with a curling arena, a billiards palace, a rowing base, and a building for the CSKA basketball club.

    “A large sports cluster is being formed on the territory of the Mnevnikovskaya floodplain, for the construction of facilities for which the city is providing land as part of the implementation of large-scale investment projects. Thus, over three hectares have been allocated for the construction of the Alexander Ovechkin International Hockey Academy, almost 2.5 hectares for a multifunctional ice palace for the Russian curling team, over 3.6 hectares for a complex with two ice arenas, martial arts and gymnastics halls, and a tennis center will appear on an area of 2.2 hectares,” said the Minister of the Moscow Government, Head of the Department of City Property of the capital

    Maxim Gaman.

    To implement large-scale investment projects, investors are provided with land without bidding. In addition to sports facilities, production complexes, innovation centers, social institutions, transport, commercial and other facilities can receive the status of such a project. For their construction, the city provides plots for rent for five years.

    On the instructions of Sergei Sobyanin, the city is paying special attention to the quality of sports infrastructure facilities. As noted by the Chairman of the Committee for State Construction Supervision of Moscow (Mosgosstroynadzor) Anton Slobodchikov, since the start of construction of the academy last summer, Mosgosstroynadzor has conducted five on-site inspections. Inspectors assessed the volume of work performed, the organization of the construction site, and compliance with safety requirements. Specialists from the subordinate Expertise Center were involved in the inspections. They conducted instrumental studies of the quality of structures and materials used, as well as their compliance with design documentation.

    Earlier Sergei Sobyanin reportedthat after the completion of the integrated development of the Mnevnikovskaya floodplain territory, a sports cluster with a total area of about 500 thousand square meters will appear here.

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

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

    https://vvv.mos.ru/nevs/item/145891073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Historical festival and excursions prepared at VDNKh for National Unity Day

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On November 3 and 4, in honor of National Unity Day, VDNKh will host excursions and a historical festival, reported Natalia Sergunina, Deputy Mayor of Moscow.

    “The program is prepared in such a way that it will be interesting for everyone – both adults and children. In addition to excursions, Muscovites and tourists will be treated to immersive performances and master classes,” Natalia Sergunina clarified.

    On November 3 and 4 at 13:00, everyone is invited to an educational walk “National Unity in the Symbols of VDNKh Architecture”. Participants will see iconic places of the complex, such as the “Friendship of Nations” fountain and Pavilion No. 1 “Central”. Guides will tell about the history of the celebration of National Unity Day at the exhibition.

    On November 4 at 15:00, 17:00 and 19:30 there will be excursions in the Cosmonautics and Aviation Center. Visitors will learn about space programs and experiments that are conducted in orbit. In addition, at the meetings they will list the cities of Russia where they are preparing for flights and from where it is possible to launch rockets and satellites.

    On the same day at 17:00 and 19:00, thematic walks will begin in the Museum of Slavic Literature “Word”.

    Admission is free with prior registration. on the exhibition website.

    Old recipes and theatrical interactives

    The festival “Bread Ear – Gold of Russia” is planned for November 4 at the Industrial Square. It will include master classes with theatrical performances reflecting different eras in Russian history.

    A large tent with four zones will be prepared for the guests. They will be transported to the 12th, 17th, 19th and 20th centuries. There they will learn how to bake gingerbread, kalachi and bread according to traditional recipes. Here they will also perform romances, play the gusli and gudok. In addition, you can join a ballroom dancing lesson and an interactive session with poems and fairy tales.

    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.mos.ru/nevs/item/145862073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Perekopsky pond in Zyuzino has been put in order

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Specialists from the city services complex have rehabilitated the Perekop pond in the southwest of the capital. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “The pond, located on the territory of the Zyuzinskaya volost museum park between residential buildings, was in an unsatisfactory condition: silt deposits had accumulated at the bottom, which caused the water area to bloom during the warm season, and the coastal strip was partially destroyed. In connection with this, a decision was made to carry out a comprehensive rehabilitation of the pond, now it is again a comfortable place for city residents to relax,” said Pyotr Biryukov.

    The specialists removed the silt deposits, which increased the average depth of the pond. After that, they formed the pond bed by backfilling with sand and began repairing the shoreline, which was over 200 meters long. According to the project, it was done in two ways: vertically – in the form of a crib wall made of larch logs and sloping – with backfilling with crushed stone. In addition, the pavement of the path and stairways was restored.

    At the final stage, three bioplateau zones with a total area of about 240 square meters were organized. More than 3.5 thousand aquatic plants were planted there.

    The city regularly conducts surveys of water bodies and, if problems are identified, makes decisions on rehabilitation. The list of water bodies is compiled annually taking into account the wishes of Muscovites.

    Pond Bykovo Boloto in Zelenograd was put in orderIzyutinsky pond in the south of the capital has been put in order

    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.mos.ru/nevs/item/145906073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Fountains at VDNKh Prepared for Winter

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Specialists from the city economy complex have prepared the fountains on the territory of VDNKh for the winter period. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “The fountain season ended in the capital on October 12, after which they began preparing the structures for winter. They washed the fountains “Friendship of Peoples”, “Stone Flower”, “Golden Ear” and 14 fountains located on the Central Alley of VDNKh. The work was carried out by utility crews with the involvement of special equipment,” said Pyotr Biryukov.

    The fountains at VDNKh are complex architectural and artistic structures with a large number of gilded sculptures, as well as decorative copper and bronze elements. They require careful maintenance and are washed exclusively by hand.

    The gilded elements and smalt mosaics were cleaned with a citric acid solution using soft brushes, and the granite surfaces were washed using high-pressure devices with a neutral agent. Industrial climbers were used to clean the upper part of the Golden Ear fountain, which is 16 meters high. Boats were used to reach the fountain, located in the center of the Third Kamensky Pond.

    During the winter period, specialists will carefully check the technical condition of the fountains, all structures in underground collectors, hydraulics, pumping equipment and jet-forming elements.

    In 2018–2019, all 14 fountains located on the Central Alley were restored at VDNKh, as well as fountains that are cultural heritage sites: “Golden Ear”, “Stone Flower” and “Friendship of Peoples”. They were given back their historical appearance and their engineering systems were completely updated.

    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.mos.ru/nevs/item/145908073/

    MIL OSI Russia News –

  • MIL-OSI Europe: Telegram of the Holy Father on the death of His Eminence Cardinal Renato Raffaele Martino

    Source: The Holy See

    Telegram of the Holy Father on the death of His Eminence Cardinal Renato Raffaele Martino, 29.10.2024

    The following is the telegram of condolence on the death on Monday 28 October 2024 of His Eminence Cardinal Renato Raffaele Martino, protodeacon of San Francesco di Paola ai Monti, president emeritus of the Pontifical Council for Justice and Peace and president emeritus of the Pontifical Council for the Pastoral Care of Migrants and Itinerant Peoples, sent by the Holy Father Francis to the late Cardinal’s brother, Marcello Martino:

    Telegram of the Holy Father
    MR. MARCELLO MARTINO00012 GUIDONIA MONTECELIO
    ON LEARNING OF THE NEWS OF THE DEATH OF YOUR BROTHER, CARDINAL RENATO RAFFAELE MARTINO, I WISH TO EXPRESS MY CONDOLENCES TO YOU, TO ALL HIS FAMILY AND TO THE ARCHDIOCESE OF SALERNO-CAMPAGNA-ACERNO OF WHICH HE WAS A RESPECTED PRESBYTER. AS I REMEMBER THIS ZEALOUS PASTOR WHO SERVED THE GOSPEL AND THE CHURCH, I THINK WITH GRATITUDE OF HIS LONG AND DILIGENT COLLABORATION WITH MY PREDECESSORS AS APOSTOLIC NUNCIO TO A NUMBER OF ASIAN COUNTRIES AND ESPECIALLY TO THE UNITED NATIONS ORGANIZATION, WHERE HE SPARED NO ENERGY TO BEAR WITNESS TO THE POPE’S PATERNAL CONCERN FOR THE FATE OF HUMANITY, AND FINALLY AS PRESIDENT OF THE PONTIFICAL COUNCIL FOR JUSTICE AND PEACE. IN THE VARIOUS ROLES ENTRUSTED TO HIM, HE WORKED WITH GREAT DYNAMISM FOR THE GOOD OF PEOPLES, CONSTANTLY PROMOTING DIALOGUE AND CONCORD. I ASK THE LORD TO WELCOME THIS FAITHFUL SERVANT OF HIS TO THE HEAVENLY JERUSALEM AND FROM MY HEART I IMPART MY BLESSING TO THOSE WHO MOURN HIS DEPARTURE, WITH A GRATEFUL THOUGHT FOR THOSE WHO CARED FOR HIM.
    FRANCIS

    MIL OSI Europe News –

  • MIL-OSI Economics: Strong Portfolio and Strategic Priorities Support Phillips 66 Third-Quarter Results

    Source: Phillips

    Reported third-quarter earnings of $346 million or $0.82 per share; adjusted earnings of $859 million or $2.04 per share
    Returned $1.3 billion to shareholders through dividends and share repurchases
    Achieved business transformation $1.4 billion run-rate savings target, including $1 per barrel Refining cost reduction
    Progressed asset dispositions totaling $2.7 billion toward $3 billion target, including recently executed agreements

    HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX), a leading integrated downstream energy provider, announced third-quarter earnings.
    “Our employees continue to execute our strategic priorities, deliver strong operating performance and leverage the benefits of our differentiated downstream portfolio,” said Mark Lashier, chairman and CEO of Phillips 66.
    “We have achieved our cost reduction and Midstream synergy targets,” said Lashier. “In addition, we have significantly advanced our asset disposition program with recently announced transactions. Our commitment to operational excellence and disciplined capital allocation continues to create long-term shareholder value.” 
    Financial Results Summary ( in millions of dollars, except as indicated)

     

     

     

    3Q 2024

    2Q 2024

    Earnings

    $

    346

     

    1,015

     

    Adjusted Earnings 1

     

    859

     

    984

     

    Adjusted EBITDA 1

     

    1,998

     

    2,183

     

    Earnings Per Share

     

     

    Earnings Per Share – Diluted

     

    0.82

     

    2.38

     

    Adjusted Earnings Per Share – Diluted 1

     

    2.04

     

    2.31

     

    Cash Flow From Operations

     

    1,132

     

    2,097

     

    Cash Flow From Operations, Excluding Working Capital 1

     

    1,513

     

    1,181

     

    Capital Expenditures & Investments 2

     

    358

     

    367

     

    Return of Capital to Shareholders

     

    1,277

     

    1,325

     

    Share repurchases

     

    800

     

    840

     

    Dividends paid

     

    477

     

    485

     

    Cash

     

    1,637

     

    2,444

     

    Debt

     

    19,998

     

    19,960

     

    Debt-to-capital ratio

     

    40

    %

    40

    %

    Net debt-to-capital ratio 1

     

    38

    %

    36

    %

    1Represents a non-GAAP financial measure. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

    2Excludes acquisitions of $567 million in the third quarter of 2024, and purchases of government obligations of $1.1 billion in third-quarter of 2024.

    Segment Financial and Operating Highlights (in millions of dollars, except as indicated)

     

     

     

    3Q 2024

    2Q 2024

    Change

    Earnings 1

    $

    346

     

    1,015

     

    (669

    )

    Midstream

     

    644

     

    767

     

    (123

    )

    Chemicals

     

    342

     

    222

     

    120

     

    Refining

     

    (108

    )

    302

     

    (410

    )

    Marketing and Specialties

     

    (22

    )

    415

     

    (437

    )

    Renewable Fuels

     

    (116

    )

    (55

    )

    (61

    )

    Corporate and Other

     

    (327

    )

    (340

    )

    13

     

    Income tax expense

     

    (44

    )

    (291

    )

    247

     

    Noncontrolling interests

     

    (23

    )

    (5

    )

    (18

    )

     

     

     

     

    Adjusted Earnings 1,2

    $

    859

     

    984

     

    (125

    )

    Midstream

     

    672

     

    753

     

    (81

    )

    Chemicals

     

    342

     

    222

     

    120

     

    Refining

     

    (67

    )

    302

     

    (369

    )

    Marketing and Specialties

     

    583

     

    415

     

    168

     

    Renewable Fuels

     

    (116

    )

    (55

    )

    (61

    )

    Corporate and Other

     

    (327

    )

    (340

    )

    13

     

    Income tax expense

     

    (205

    )

    (278

    )

    73

     

    Noncontrolling interests

     

    (23

    )

    (35

    )

    12

     

     

     

     

     

    Adjusted EBITDA 2

    $

    1,998

     

    2,183

     

    (185

    )

    Midstream

     

    892

     

    971

     

    (79

    )

    Chemicals

     

    466

     

    348

     

    118

     

    Refining

     

    188

     

    531

     

    (343

    )

    Marketing and Specialties

     

    656

     

    484

     

    172

     

    Renewable Fuels

     

    (92

    )

    (43

    )

    (49

    )

    Corporate and Other

     

    (112

    )

    (108

    )

    (4

    )

     

     

     

     

    Operating Highlights

     

     

     

    Midstream NGL Fractionated Volumes (MBD)

     

    728

     

    744

     

    (16

    )

    Chemicals Global O&P Utilization

     

    98

    %

    98

    %

    —

    %

    Refining

     

     

     

    Turnaround Expense ($)

     

    137

     

    100

     

    37

     

    Realized Margin ($/BBL) 2

     

    8.31

     

    10.01

     

    (1.70

    )

    Crude Capacity Utilization

     

    94

    %

    98

    %

    (4

    %)

    Clean Product Yield

     

    87

    %

    86

    %

    1

    %

    Renewable Fuels Produced (MBD)

     

    44

     

    31

     

    13

     

    1Segment reporting is pre-tax.

     

     

     

    2Represents a non-GAAP financial measure. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

    Third-Quarter 2024 Financial Results
    Reported earnings were $346 million for the third quarter of 2024 versus $1.0 billion in the second quarter. Third-quarter earnings included a legal accrual of $605 million in the Marketing and Specialties segment, costs related to the planned shutdown of the Los Angeles Refinery of $41 million in the Refining segment, and an impairment of $28 million in the Midstream segment. Second-quarter earnings included a gain on sale of investment of $238 million and an impairment of $224 million, both impacting the Midstream segment. Adjusted earnings for the third quarter were $859 million versus $984 million in the second quarter.
    Midstream third-quarter 2024 adjusted pre-tax income decreased compared with the second quarter mainly due to seasonal maintenance costs and lower equity earnings, partially offset by higher export margins.
    Chemicals reported pre-tax income increased mainly due to higher margins and lower costs.
    Refining adjusted pre-tax loss was a decrease compared to the second quarter, primarily due to a decline in realized margins largely driven by lower market crack spreads.
    Marketing and Specialties adjusted pre-tax income increased primarily due to higher margins.
    Renewable Fuels reported pre-tax loss increased primarily due to lower realized margins, partially offset by higher volumes.
    As of September 30, 2024, the company had $1.6 billion of cash and cash equivalents and $5.3 billion of committed capacity available under credit facilities.
    Business Highlights and Strategic Priorities Progress
    Distributed $12.5 billion through share repurchases and dividends since July 2022 and on pace to achieve the company’s $13 billion to $15 billion target by year-end.
    Achieved $1.4 billion in run-rate business transformation savings, delivering on the company’s target ahead of schedule.
    Expanded its Midstream NGL wellhead-to-market business with the acquisition of Pinnacle Midstream and approved a follow-on processing plant expansion in the Midland Basin expected to be completed in mid-year 2025.
    Achieved target of over $400 million of run-rate synergies from the successful integration of DCP Midstream.
    Received proceeds of $1.3 billion since 2022 toward the company’s $3 billion asset disposition target. In addition, the company recently agreed to sell its 49% interest in a Switzerland-based retail joint venture for $1.24 billion, and its interests in non-core Midstream assets in North Dakota.
    Investor Webcast
    Members of Phillips 66 executive management will host a webcast at noon ET to provide an update on the company’s strategic initiatives and discuss the company’s third-quarter performance. To access the webcast and view related presentation materials, go to phillips66.com/investors and click on “Events & Presentations.” For detailed supplemental information, go to phillips66.com/supplemental.
    About Phillips 66
    Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.Use of Non-GAAP Financial Information —This news release includes the terms “adjusted earnings,” “adjusted pre-tax income (loss),” “adjusted EBITDA,” “adjusted earnings per share,” “refining realized margin per barrel,” “cash from operations, excluding working capital,” and “net debt-to-capital ratio.” These are non-GAAP financial measures that are included to help facilitate comparisons of operating performance across periods and to help facilitate comparisons with other companies in our industry. Where applicable, these measures exclude items that do not reflect the core operating results of our businesses in the current period or other adjustments to reflect how management analyzes results. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.
    References in the release to earnings refer to net income attributable to Phillips 66. References to run-rate business transformation savings include cost savings and other benefits that will be captured in the sales and other operating revenues impacting gross margin; purchased crude oil and products costs impacting gross margin; operating expenses; selling, general and administrative expenses; and equity in earnings of affiliates lines on our consolidated statement of income when realized. Run-rate savings include run-rate sustaining capital savings. Run-rate sustaining capital savings include savings that will be captured in the capital expenditures and investments on our consolidated statement of cash flows when realized.
    Basis of Presentation — Effective April 1, 2024, we changed the internal financial information reviewed by our chief executive officer to evaluate performance and allocate resources to our operating segments. This included changes in the composition of our operating segments, as well as measurement changes for certain activities between our operating segments. The primary effects of this realignment included establishment of a Renewable Fuels operating segment, which includes renewable fuels activities and assets historically reported in our Refining, Marketing and Specialties (M&S), and Midstream segments; change in method of allocating results for certain Gulf Coast distillate export activities from our M&S segment to our Refining segment; reclassification of certain crude oil and international clean products trading activities between our M&S segment and our Refining segment; and change in reporting of our 16% investment in NOVONIX from our Midstream segment to Corporate and Other. Accordingly, prior period results have been recast for comparability.
    In the third quarter of 2024, we began presenting the line item “Capital expenditures and investments” on our consolidated statement of cash flows exclusive of acquisitions, net of cash acquired. Accordingly, prior period information has been reclassified for comparability.
    Cautionary Statement for the Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995 —This news release contains forward-looking statements within the meaning of the federal securities laws relating to Phillips 66’s operations, strategy and performance. Words such as “anticipated,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: changes in governmental policies or laws that relate to our operations, including regulations that seek to limit or restrict refining, marketing and midstream operations or regulate profits, pricing, or taxation of our products or feedstocks, or other regulations that restrict feedstock imports or product exports; our ability to timely obtain or maintain permits necessary for projects; fluctuations in NGL, crude oil, refined petroleum, renewable fuels and natural gas prices, and refining, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for refined petroleum or renewable fuels products; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for renewable fuels; potential liability from pending or future litigation; liability for remedial actions, including removal and reclamation obligations under existing or future environmental regulations; unexpected changes in costs for constructing, modifying or operating our facilities; our ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that we have announced or may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected difficulties in manufacturing, refining or transporting our products; the level and success of drilling and production volumes around our midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; lack of, or disruptions in, adequate and reliable transportation for our products; failure to complete construction of capital projects on time or within budget; our ability to comply with governmental regulations or make capital expenditures to maintain compliance with laws; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets, which may also impact our ability to repurchase shares and declare and pay dividends; potential disruption of our operations due to accidents, weather events, including as a result of climate change, acts of terrorism or cyberattacks; general domestic and international economic and political developments, including armed hostilities (such as the Russia-Ukraine war), expropriation of assets, and other diplomatic developments; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and property and equipment and/or strategic decisions with respect to our asset portfolio that cause impairment charges; investments required, or reduced demand for products, as a result of environmental rules and regulations; changes in tax, environmental and other laws and regulations (including alternative energy mandates); political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of equity affiliates we do not control; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

     

     

     

     
     
     

    Earnings

     

     

     

     

     

     

     

     

     

     

     

     

    Millions of Dollars

     

     

    2024

     

     

    2023

     

    3Q  

     

    2Q  

     

    Sep YTD

     

    3Q  

     

    Sep YTD

    Midstream

    $

    644

     

    767

     

    1,965

     

     

    724

     

    2,060

     

    Chemicals

     

    342

     

    222

     

    769

     

     

    104

     

    494

     

    Refining

     

    (108

    )

    302

     

    410

     

     

    1,712

     

    4,481

     

    Marketing and Specialties

     

    (22

    )

    415

     

    759

     

     

    605

     

    1,501

     

    Renewable Fuels

     

    (116

    )

    (55

    )

    (226

    )

     

    22

     

    164

     

    Corporate and Other

     

    (327

    )

    (340

    )

    (989

    )

     

    (354

    )

    (992

    )

    Pre-Tax Income

     

    413

     

    1,311

     

    2,688

     

     

    2,813

     

    7,708

     

    Less: Income tax expense

     

    44

     

    291

     

    538

     

     

    670

     

    1,754

     

    Less: Noncontrolling interests

     

    23

     

    5

     

    41

     

     

    46

     

    199

     

    Phillips 66

    $

    346

     

    1,015

     

    2,109

     

     

    2,097

     

    5,755

     

     

     

     

     

     

     

     

     

     

     

     

     

    Adjusted Earnings

     

     

     

     

     

     

     

     

     

     

     

     

    Millions of Dollars

     

    2024

     

     

    2023

     

    3Q

     

    2Q

     

    Sep YTD

     

    3Q

     

    Sep YTD

    Midstream

    $

    672

     

    753

     

    2,038

     

     

    581

     

    1,915

     

    Chemicals

     

    342

     

    222

     

    769

     

     

    104

     

    494

     

    Refining

     

    (67

    )

    302

     

    548

     

     

    1,742

     

    4,525

     

    Marketing and Specialties

     

    583

     

    415

     

    1,305

     

     

    605

     

    1,501

     

    Renewable Fuels

     

    (116

    )

    (55

    )

    (226

    )

     

    22

     

    164

     

    Corporate and Other

     

    (327

    )

    (340

    )

    (989

    )

     

    (303

    )

    (812

    )

    Pre-Tax Income

     

    1,087

     

    1,297

     

    3,445

     

     

    2,751

     

    7,787

     

    Less: Income tax expense

     

    205

     

    278

     

    709

     

     

    660

     

    1,768

     

    Less: Noncontrolling interests

     

    23

     

    35

     

    71

     

     

    21

     

    218

     

    Phillips 66

    $

    859

     

    984

     

    2,665

     

     

    2,070

     

    5,801

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Millions of Dollars

     

    Except as Indicated

     

    2024

     

     

    2023

     

    3Q

     

    2Q

     

    Sep YTD

     

    3Q

     

    Sep YTD

    Reconciliation of Consolidated Earnings to Adjusted Earnings

     

     

     

     

     

     

     

     

     

     

     

    Consolidated Earnings

    $

    346

     

    1,015

     

    2,109

     

     

    2,097

     

    5,755

     

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    Impairments 1

     

    28

     

    224

     

    415

     

     

    —

     

    —

     

    Net gain on asset dispositions

     

    —

     

    (238

    )

    (238

    )

     

    (101

    )

    (123

    )

    Change in inventory method for acquired business

     

    —

     

    —

     

    —

     

     

    (46

    )

    (46

    )

    Los Angeles Refinery shutdown-related costs 2

     

    41

     

    —

     

    41

     

     

    —

     

    —

     

    Legal accrual 3

     

    605

     

    —

     

    605

     

     

    30

     

    30

     

    Legal settlement

     

    —

     

    —

     

    (66

    )

     

    —

     

    —

     

    Business transformation restructuring costs

     

    —

     

    —

     

    —

     

     

    51

     

    127

     

    Loss on early redemption of DCP debt

     

    —

     

    —

     

    —

     

     

    —

     

    53

     

    DCP integration restructuring costs

     

    —

     

    —

     

    —

     

     

    4

     

    38

     

    Tax impact of adjustments 4

     

    (161

    )

    13

     

    (171

    )

     

    10

     

    (14

    )

    Noncontrolling interests

     

    —

     

    (30

    )

    (30

    )

     

    25

     

    (19

    )

    Adjusted earnings

    $

    859

     

    984

     

    2,665

     

     

    2,070

     

    5,801

     

    Earnings per share of common stock ( dollars )

    $

    0.82

     

    2.38

     

    4.94

     

     

    4.69

     

    12.61

     

    Adjusted earnings per share of common stock ( dollars ) 5

    $

    2.04

     

    2.31

     

    6.25

     

     

    4.63

     

    12.71

     

     

     

     

     

     

     

     

     

     

     

     

     

    Reconciliation of Segment Pre-Tax Income (Loss) to Adjusted Pre-Tax Income (Loss)

    Midstream Pre-Tax Income

    $

    644

     

    767

     

    1,965

     

     

    724

     

    2,060

     

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    Impairments 1

     

    28

     

    224

     

    311

     

     

    —

     

    —

     

    Net gain on asset disposition

     

    —

     

    (238

    )

    (238

    )

     

    (101

    )

    (137

    )

    Change in inventory method for acquired business

     

    —

     

    —

     

    —

     

     

    (46

    )

    (46

    )

    DCP integration restructuring costs

     

    —

     

    —

     

    —

     

     

    4

     

    38

     

    Adjusted pre-tax income

    $

    672

     

    753

     

    2,038

     

     

    581

     

    1,915

     

    Chemicals Pre-Tax Income

    $

    342

     

    222

     

    769

     

     

    104

     

    494

     

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    None

     

    —

     

    —

     

    —

     

     

    —

     

    —

     

    Adjusted pre-tax income

    $

    342

     

    222

     

    769

     

     

    104

     

    494

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Refining Pre-Tax Income (Loss)

    $

    (108

    )

    302

     

    410

     

     

    1,712

     

    4,481

     

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    Impairments 1

     

    —

     

    —

     

    104

     

     

    —

     

    —

     

    Los Angeles Refinery shutdown-related costs 2

     

    41

     

    —

     

    41

     

     

    —

     

    —

     

    Net loss on asset disposition

     

    —

     

    —

     

    —

     

     

    —

     

    14

     

    Legal accrual 3

     

    —

     

    —

     

    —

     

     

    30

     

    30

     

    Legal settlement

     

    —

     

    —

     

    (7

    )

     

    —

     

    —

     

    Adjusted pre-tax income (loss)

    $

    (67

    )

    302

     

    548

     

     

    1,742

     

    4,525

     

    Marketing and Specialties Pre-Tax Income (Loss)

    $

    (22

    )

    415

     

    759

     

     

    605

     

    1,501

     

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    Legal accrual 3

     

    605

     

    —

     

    605

     

     

    —

     

    —

     

    Legal settlement

     

    —

     

    —

     

    (59

    )

     

    —

     

    —

     

    Adjusted pre-tax income

    $

    583

     

    415

     

    1,305

     

     

    605

     

    1,501

     

    Renewable Fuels Pre-Tax Income (Loss)

    $

    (116

    )

    (55

    )

    (226

    )

     

    22

     

    164

     

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    None

     

    —

     

    —

     

    —

     

     

    —

     

    —

     

    Adjusted pre-tax income (loss)

    $

    (116

    )

    (55

    )

    (226

    )

     

    22

     

    164

     

    Corporate and Other Pre-Tax Loss

    $

    (327

    )

    (340

    )

    (989

    )

     

    (354

    )

    (992

    )

    Pre-tax adjustments:

     

     

     

     

     

     

     

     

     

     

     

    Business transformation restructuring costs

     

    —

     

    —

     

    —

     

     

    51

     

    127

     

    Loss on early redemption of DCP debt

     

    —

     

    —

     

    —

     

     

    —

     

    53

     

    Adjusted pre-tax loss

    $

    (327

    )

    (340

    )

    (989

    )

     

    (303

    )

    (812

    )

     

     

     

     

     

     

     

     

     

     

     

     

    1Impairments primarily related to certain gathering and processing assets in the Midstream segment, as well as certain crude oil processing and logistics assets in California, reported in the Refining segment.

    2Shutdown-related costs recorded in the Refining segment include pre-tax charges for severance costs.

    3Legal accrual primarily related to ongoing litigation.

    4We generally tax effect taxable U.S.-based special items using a combined federal and state statutory income tax rate of approximately 24%. Taxable special items attributable to foreign locations likewise use a local statutory income tax rate. Nontaxable events reflect zero income tax. These events include, but are not limited to, most goodwill impairments, transactions legislatively exempt from income tax, transactions related to entities for which we have made an assertion that the undistributed earnings are permanently reinvested, or transactions occurring in jurisdictions with a valuation allowance.

    5YTD 2024, Q3 2024, Q3 2023 are based on adjusted weighted-average diluted shares of 426,301 thousand, 419,827 thousand, and 447,255 thousand, respectively. Other periods are based on the same weighted-average diluted shares outstanding as that used in the GAAP diluted earnings per share calculation. Income allocated to participating securities, if applicable, in the adjusted earnings per share calculation is the same as that used in the GAAP diluted earnings per share calculation.

     
     
     

     

    Millions of Dollars

     

    Except as Indicated

     

    2024

     

    3Q

     

    2Q

     

    Reconciliation of Consolidated Net Income to Adjusted EBITDA

     

     

     

     

    Net Income

    $

    369

     

    1,020

     

    Plus:

     

     

     

     

    Income tax expense

     

    44

     

    291

     

    Net interest expense

     

    191

     

    200

     

    Depreciation and amortization

     

    543

     

    497

     

    Phillips 66 EBITDA

    $

    1,147

     

    2,008

     

    Special Item Adjustments (pre-tax):

     

     

     

     

    Impairments

     

    28

     

    224

     

    Net gain on asset disposition

     

    —

     

    (238

    )

    Los Angeles Refinery shutdown-related costs

     

    41

     

    —

     

    Legal accrual

     

    605

     

    —

     

    Legal settlement

     

    —

     

    —

     

    Total Special Item Adjustments (pre-tax)

     

    674

     

    (14

    )

    Change in Fair Value of NOVONIX Investment

     

    —

     

    7

     

    Phillips 66 EBITDA, Adjusted for Special Items and Change in Fair Value of NOVONIX Investment

    $

    1,821

     

    2,001

     

    Other Adjustments (pre-tax):

     

     

     

     

    Proportional share of selected equity affiliates income taxes

     

    24

     

    26

     

    Proportional share of selected equity affiliates net interest

     

    12

     

    19

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    188

     

    195

     

    Adjusted EBITDA attributable to noncontrolling interests

     

    (47

    )

    (58

    )

    Phillips 66 Adjusted EBITDA

    $

    1,998

     

    2,183

     

     

     

     

     

     

    Reconciliation of Segment Income before Income Taxes to Adjusted EBITDA

     

     

     

     

    Midstream Income before income taxes

    $

    644

     

    767

     

    Plus:

     

     

     

     

    Depreciation and amortization

     

    233

     

    224

     

    Midstream EBITDA

    $

    877

     

    991

     

    Special Item Adjustments (pre-tax):

     

     

     

     

    Net gain on asset disposition

     

    —

     

    (238

    )

    Impairments

     

    28

     

    224

     

    Midstream EBITDA, Adjusted for Special Items

    $

    905

     

    977

     

    Other Adjustments (pre-tax):

     

     

     

     

    Proportional share of selected equity affiliates income taxes

     

    5

     

    5

     

    Proportional share of selected equity affiliates net interest

     

    3

     

    10

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    26

     

    37

     

    Adjusted EBITDA attributable to noncontrolling interests

     

    (47

    )

    (58

    )

    Midstream Adjusted EBITDA

    $

    892

     

    971

     

    Chemicals Income before income taxes

    $

    342

     

    222

     

    Plus:

     

     

     

     

    None

     

    —

     

    —

     

    Chemicals EBITDA

    $

    342

     

    222

     

    Special Item Adjustments (pre-tax):

     

     

     

     

    None

     

    —

     

    —

     

    Chemicals EBITDA, Adjusted for Special Items

    $

    342

     

    222

     

    Other Adjustments (pre-tax):

     

     

     

     

    Proportional share of selected equity affiliates income taxes

     

    13

     

    15

     

    Proportional share of selected equity affiliates net interest

     

    (2

    )

    —

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    113

     

    111

     

    Chemicals Adjusted EBITDA

    $

    466

     

    348

     

    Refining Income (loss) before income taxes

    $

    (108

    )

    302

     

    Plus:

     

     

     

     

    Depreciation and amortization

     

    230

     

    204

     

    Refining EBITDA

    $

    122

     

    506

     

    Special Item Adjustments (pre-tax):

     

     

     

     

    Los Angeles Refinery shutdown-related costs

     

    41

     

    —

     

    Refining EBITDA, Adjusted for Special Items

    $

    163

     

    506

     

    Other Adjustments (pre-tax):

     

     

     

     

    Proportional share of selected equity affiliates income taxes

     

    (1

    )

    1

     

    Proportional share of selected equity affiliates net interest

     

    (1

    )

    (2

    )

    Proportional share of selected equity affiliates depreciation and amortization

     

    27

     

    26

     

    Refining Adjusted EBITDA

    $

    188

     

    531

     

    Marketing and Specialties Income (loss) before income taxes

    $

    (22

    )

    415

     

    Plus:

     

     

     

     

    Depreciation and amortization

     

    32

     

    32

     

    Marketing and Specialties EBITDA

    $

    10

     

    447

     

    Special Item Adjustments (pre-tax):

     

     

     

     

    Legal accrual

     

    605

     

    —

     

    Marketing and Specialties EBITDA, Adjusted for Special Items

    $

    615

     

    447

     

    Other Adjustments (pre-tax):

     

     

     

     

    Proportional share of selected equity affiliates income taxes

     

    7

     

    5

     

    Proportional share of selected equity affiliates net interest

     

    12

     

    11

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    22

     

    21

     

    Marketing and Specialties Adjusted EBITDA

    $

    656

     

    484

     

    Renewable Fuels Loss before income taxes

    $

    (116

    )

    (55

    )

    Plus:

     

     

     

     

    Depreciation and amortization

     

    24

     

    12

     

    Renewable Fuels EBITDA

    $

    (92

    )

    (43

    )

    Special Item Adjustments (pre-tax):

     

     

     

     

    None

     

    —

     

    —

     

    Renewable Fuels EBITDA, Adjusted for Special Items

    $

    (92

    )

    (43

    )

    Corporate and Other Loss before income taxes

    $

    (327

    )

    (340

    )

    Plus:

     

     

     

     

    Net interest expense

     

    191

     

    200

     

    Depreciation and amortization

     

    24

     

    25

     

    Corporate and Other EBITDA

    $

    (112

    )

    (115

    )

    Special Item Adjustments (pre-tax):

     

     

     

     

    None

     

    —

     

    —

     

    Total Special Item Adjustments (pre-tax)

     

    —

     

    —

     

    Change in Fair Value of NOVONIX Investment

     

    —

     

    7

     

    Corporate EBITDA, Adjusted for Special Items and Change in Fair Value of NOVONIX Investment

    $

    (112

    )

    (108

    )

     

     

     

     

     

     

     

     

     

     

    Millions of Dollars

     

    Except as Indicated

     

    September 30, 2024

    Debt-to-Capital Ratio

     

    Total Debt

    $

    19,998

     

    Total Equity

     

    29,784

     

    Debt-to-Capital Ratio

     

    40

    %

    Total Cash

     

    1,637

     

    Net Debt-to-Capital Ratio

     

    38

    %

     

     

     

     

     

     

    Millions of Dollars

     

    September 30, 2024

    Reconciliation of Net Cash Used in Operating Activities to Operating Cash Flow, Excluding Working Capital

     

    Net Cash Used in Operating Activities

    $

    1,132

     

    Less: Net Working Capital Changes

     

    (381

    )

    Operating Cash Flow, Excluding Working Capital

    $

    1,513

     

     

     

     

    Millions of Dollars

     

    Except as Indicated

     

    2024

     

    3Q

     

    2Q

     

    Reconciliation of Refining Income (Loss) Before Income Taxes to Realized Refining Margins

     

     

     

     

    Income (loss) before income taxes

    $

    (108

    )

    302

     

    Plus:

     

     

     

     

    Taxes other than income taxes

     

    100

     

    74

     

    Depreciation, amortization and impairments

     

    230

     

    203

     

    Selling, general and administrative expenses

     

    60

     

    51

     

    Operating expenses

     

    922

     

    884

     

    Equity in earnings of affiliates

     

    12

     

    (33

    )

    Other segment expense, net

     

    (4

    )

    (1

    )

    Proportional share of refining gross margins contributed by equity affiliates

     

    193

     

    260

     

    Special items:

     

     

     

     

    None

     

    —

     

    —

     

    Realized refining margins

    $

    1,405

     

    1,740

     

    Total processed inputs ( thousands of barrels )

     

    145,440

     

    151,296

     

    Adjusted total processed inputs ( thousands of barrels )*

     

    168,951

     

    174,107

     

    Income (loss) before income taxes ( dollars per barrel )**

    $

    (0.74

    )

    2.00

     

    Realized refining margins ( dollars per barrel )***

    $

    8.31

     

    10.01

     

    *Adjusted total processed inputs include our proportional share of processed inputs of an equity affiliate.

     
     

    **Income before income taxes divided by total processed inputs.

    ***Realized refining margins per barrel, as presented, are calculated using the underlying realized refining margin amounts, in dollars, divided by adjusted total processed inputs, in barrels. As such, recalculated per barrel amounts using the rounded margins and barrels presented may differ from the presented per barrel amounts.

    Source: Phillips 66

    MIL OSI Economics –

  • MIL-OSI: DT Midstream Reports Strong Third Quarter 2024 Results; Raises Adjusted EBITDA Guidance

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, Oct. 29, 2024 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2024 reported net income of $88 million, or $0.90 per diluted share. For the third quarter of 2024, Operating Earnings were also $88 million, or $0.90 per diluted share. Adjusted EBITDA for the quarter was $241 million.

    Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of this news release.

    The company also announced that the DT Midstream Board of Directors declared a $0.735 per share dividend on its common stock payable January 15, 2025 to stockholders of record at the close of business December 16, 2024.

    “We continue our strong performance in 2024,” said David Slater, President and CEO. “And we have made great progress advancing new opportunities which will support our future growth.”

    Slater noted the following significant business updates:

    • Reached final investment decision on the Phase 4 expansion of the LEAP system, which will expand the system to 2.1 Bcf/d by the first half of 2026
    • Upsized the future interconnect between our Stonewall System and Mountain Valley Pipeline
    • Upgraded to investment-grade by Fitch Ratings

    “Our year-to-date results are ahead of plan,” said Jeff Jewell, Executive Vice President and CFO. “Our strong performance is leading us to increase our Adjusted EBITDA guidance for 2024 to $950 – $980 million.”

    The company has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) today. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is 646.968.2525; the passcode is 4749988. International access numbers are available here. The webcast will be archived on the DT Midstream website at investor.dtmidstream.com.

    About DT Midstream

    DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a goal of achieving 30% of its carbon emissions reduction by 2030. For more information, please visit the DT Midstream website at www.dtmidstream.com.

    Why DT Midstream Uses Operating Earnings, Adjusted EBITDA and Distributable Cash Flow

    Use of Operating Earnings Information – Operating Earnings exclude non-recurring items, certain mark-to-market adjustments and discontinued operations. DT Midstream management believes that Operating Earnings provide a more meaningful representation of the company’s earnings from ongoing operations and uses Operating Earnings as the primary performance measurement for external communications with analysts and investors. Internally, DT Midstream uses Operating Earnings to measure performance against budget and to report to the Board of Directors.

    Adjusted EBITDA is defined as GAAP net income attributable to DT Midstream before expenses for interest, taxes, depreciation and amortization, and loss from financing activities, further adjusted to include the proportional share of net income from equity method investees (excluding interest, taxes, depreciation and amortization), and to exclude certain items the company considers non-routine. DT Midstream believes Adjusted EBITDA is useful to the company and external users of DT Midstream’s financial statements in understanding operating results and the ongoing performance of the underlying business because it allows management and investors to have a better understanding of actual operating performance unaffected by the impact of interest, taxes, depreciation, amortization and non-routine charges noted in the table below. We believe the presentation of Adjusted EBITDA is meaningful to investors because it is frequently used by analysts, investors and other interested parties in the midstream industry to evaluate a company’s operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company depending on accounting methods, book value of assets, capital structure and the method by which assets were acquired, among other factors. DT Midstream uses Adjusted EBITDA to assess the company’s performance by reportable segment and as a basis for strategic planning and forecasting.

    Distributable Cash Flow (DCF) is calculated by deducting earnings from equity method investees, depreciation and amortization attributable to noncontrolling interests, cash interest expense, maintenance capital investment (as defined below), and cash taxes from, and adding interest expense, income tax expense, depreciation and amortization, certain items we consider non-routine and dividends and distributions from equity method investees to, Net Income Attributable to DT Midstream. Maintenance capital investment is defined as the total capital expenditures used to maintain or preserve assets or fulfill contractual obligations that do not generate incremental earnings. We believe DCF is a meaningful performance measurement because it is useful to us and external users of our financial statements in estimating the ability of our assets to generate cash earnings after servicing our debt, paying cash taxes and making maintenance capital investments, which could be used for discretionary purposes such as common stock dividends, retirement of debt or expansion capital expenditures.

    DT Midstream does not forecast net income as it cannot, without unreasonable efforts, estimate or predict with certainty the components of net income. These components, net of tax, may include, but are not limited to, impairments of assets and other charges, divestiture costs, acquisition costs, or changes in accounting principles. All of these components could significantly impact such financial measures. At this time, DT Midstream is not able to estimate the aggregate impact, if any, of these items on future period reported earnings. Accordingly, DT Midstream is not able to provide a corresponding GAAP equivalent for Adjusted EBITDA.

    Forward-looking Statements

    This release contains statements which, to the extent they are not statements of historical or present fact, constitute “forward-looking statements” under the securities laws. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, business prospects, outcomes of regulatory proceedings, market conditions, and other matters, based on what we believe to be reasonable assumptions and on information currently available to us.

    Forward-looking statements can be identified by the use of words such as “believe,” “expect,” “expectations,” “plans,” “strategy,” “prospects,” “estimate,” “project,” “target,” “anticipate,” “will,” “should,” “see,” “guidance,” “outlook,” “confident” and other words of similar meaning. The absence of such words, expressions or statements, however, does not mean that the statements are not forward-looking. In particular, express or implied statements relating to future earnings, cash flow, results of operations, uses of cash, tax rates and other measures of financial performance, future actions, conditions or events, potential future plans, strategies or transactions of DT Midstream, and other statements that are not historical facts, are forward-looking statements.

    Forward-looking statements are not guarantees of future results and conditions, but rather are subject to numerous assumptions, risks, and uncertainties that may cause actual future results to be materially different from those contemplated, projected, estimated, or budgeted. Many factors may impact forward-looking statements of DT Midstream including, but not limited to, the following: changes in general economic conditions, including increases in interest rates and associated Federal Reserve policies, a potential economic recession, and the impact of inflation on our business; industry changes, including the impact of consolidations, alternative energy sources, technological advances, infrastructure constraints and changes in competition; global supply chain disruptions; actions taken by third-party operators, processors, transporters and gatherers; changes in expected production from Expand Energy and other third parties in our areas of operation; demand for natural gas gathering, transmission, storage, transportation and water services; the availability and price of natural gas to the consumer compared to the price of alternative and competing fuels; our ability to successfully and timely implement our business plan; our ability to complete organic growth projects on time and on budget; our ability to finance, complete, or successfully integrate acquisitions; the price and availability of debt and equity financing; restrictions in our existing and any future credit facilities and indentures; the effectiveness of our information technology and operational technology systems and practices to detect and defend against evolving cyber attacks on United States critical infrastructure; changing laws regarding cybersecurity and data privacy, and any cybersecurity threat or event; operating hazards, environmental risks, and other risks incidental to gathering, storing and transporting natural gas; geologic and reservoir risks and considerations; natural disasters, adverse weather conditions, casualty losses and other matters beyond our control; the impact of outbreaks of illnesses, epidemics and pandemics, and any related economic effects; the impacts of geopolitical events, including the conflicts in Ukraine and the Middle East; labor relations and markets, including the ability to attract, hire and retain key employee and contract personnel; large customer defaults; changes in tax status, as well as changes in tax rates and regulations; the effects and associated cost of compliance with existing and future laws and governmental regulations, such as the Inflation Reduction Act; changes in environmental laws, regulations or enforcement policies, including laws and regulations relating to climate change and greenhouse gas emissions; ability to develop low carbon business opportunities and deploy greenhouse gas reducing technologies; changes in insurance markets impacting costs and the level and types of coverage available; the timing and extent of changes in commodity prices; the success of our risk management strategies; the suspension, reduction or termination of our customers’ obligations under our commercial agreements; disruptions due to equipment interruption or failure at our facilities, or third-party facilities on which our business is dependent; the effects of future litigation; and the risks described in our Annual Report on Form 10-K for the year ended December 31, 2023 and our reports and registration statements filed from time to time with the SEC.

    The above list of factors is not exhaustive. New factors emerge from time to time. We cannot predict what factors may arise or how such factors may cause actual results to vary materially from those stated in forward-looking statements, see the discussion under the section entitled “Risk Factors” in our Annual Report for the year ended December 31, 2023, filed with the SEC on Form 10-K and any other reports filed with the SEC. Given the uncertainties and risk factors that could cause our actual results to differ materially from those contained in any forward-looking statement, you should not put undue reliance on any forward-looking statements.

    Any forward-looking statements speak only as of the date on which such statements are made. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, subsequent events or otherwise.

                                         
    DT Midstream, Inc.
    Reconciliation of Reported to Operating Earnings (non-GAAP, unaudited)
              Three Months Ended
              September 30,   June 30,
              2024   2024
              Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings   Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings
              (millions)
      Adjustments
    		     $ —   $ —           $ —   $ —    
      Net Income Attributable to DT Midstream
    		 $ 88   $ —   $ —   $ 88   $ 96   $ —   $ —   $ 96
                                           
              Nine Months Ended
              September 30,   September 30,
               2024    2023
              Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings   Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings
              (millions)
      Adjustments
    		     $ —   $ —           $ —   $ —    
      Net Income Attributable to DT Midstream
    		 $ 281   $ —   $ —   $ 281   $ 263   $ —   $ —   $ 263
                                           
      (1) Excluding tax related adjustments, the amount of income taxes was calculated based on a combined federal and state income tax rate, considering the applicable jurisdictions of the respective segments and deductibility of specific operating adjustments
                                           
                                                           
    DT Midstream, Inc.
    Reconciliation of Reported to Operating Earnings per diluted share(2) (non-GAAP, unaudited)
                                         
            Three Months Ended
            September 30,   June 30,
            2024   2024
            Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings   Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings
            (per share)
      Adjustments
    		     $ —   $ —           $ —   $ —    
      Net Income Attributable to DT Midstream
    		 $ 0.90   $ —   $ —   $ 0.90   $ 0.98   $ —   $ —   $ 0.98
                                         
            Nine Months Ended
            September 30,   September 30,
            2024   2023
            Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings   Reported Earnings   Pre-tax Adjustments   Income Taxes(1)   Operating Earnings
            (per share)
      Adjustments
    		     $ —   $ —           $ —   $ —    
      Net Income Attributable to DT Midstream
    		 $ 2.87   $ —   $ —   $ 2.87   $ 2.70   $ —   $ —   $ 2.70
                                         
      (1) Excluding tax related adjustments, the amount of income taxes was calculated based on a combined federal and state income tax rate, considering the applicable jurisdictions of the respective segments and deductibility of specific operating adjustments  
      (2) Per share amounts are divided by Weighted Average Common Shares Outstanding — Diluted, as noted on the Consolidated Statements of Operations  
                                         
     
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Adjusted EBITDA (non-GAAP, unaudited)
                     
        Three Months Ended   Nine Months Ended
        September 30,   June 30,   September 30,   September 30,
          2024       2024       2024       2023  
    Consolidated (millions)
    Net Income Attributable to DT Midstream $ 88     $ 96     $ 281     $ 263  
    Plus: Interest expense   38       39       117       111  
    Plus: Income tax expense   30       33       94       102  
    Plus: Depreciation and amortization   53       53       156       133  
    Plus: Loss from financing activities   4       —       4       —  
    Plus: EBITDA from equity method investees(1)   70       67       212       212  
    Less: Interest income   (1 )     —       (2 )     (1 )
    Less: Earnings from equity method investees   (40 )     (39 )     (125 )     (132 )
    Less: Depreciation and amortization attributable to noncontrolling interests   (1 )     (1 )     (3 )     (3 )
    Adjusted EBITDA $ 241     $ 248     $ 734     $ 685  
                     
    (1) Includes share of our equity method investees’ earnings before interest, taxes, depreciation and amortization, which we refer to as “EBITDA.” A reconciliation of earnings from equity method investees to EBITDA from equity method investees follows:  
        
        Three Months Ended   Nine Months Ended
        September 30,   June 30,   September 30,   September 30,
          2024       2024       2024       2023  
        (millions)
      Earnings from equity methods investees $ 40     $ 39     $ 125     $ 132  
      Plus: Depreciation and amortization attributable to equity method investees   20       21       61       61  
      Plus: Interest expense attributable to equity method investees   10       7       26       19  
      EBITDA from equity method investees $ 70     $ 67     $ 212     $ 212  
                     
                     
     
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Adjusted EBITDA
    Pipeline Segment (non-GAAP, unaudited)
                     
        Three Months Ended   Nine Months Ended
        September 30,   June 30,   September 30,   September 30,
          2024       2024       2024       2023  
    Pipeline (millions)
    Net Income Attributable to DT Midstream $ 71     $ 71     $ 216     $ 185  
    Plus: Interest expense   12       12       37       42  
    Plus: Income tax expense   24       24       72       72  
    Plus: Depreciation and amortization   18       19       55       50  
    Plus: Loss from financing activities   2       —       2       —  
    Plus: EBITDA from equity method investees(1)   70       67       212       212  
    Less: Interest income   —       —       (1 )     (1 )
    Less: Earnings from equity method investees   (40 )     (39 )     (125 )     (132 )
    Less: Depreciation and amortization attributable to noncontrolling interests   (1 )     (1 )     (3 )     (3 )
    Adjusted EBITDA $ 156     $ 153     $ 465     $ 425  
                     
    (1) Includes share of our equity method investees’ earnings before interest, taxes, depreciation and amortization, which we refer to as “EBITDA.” A reconciliation of earnings from equity method investees to EBITDA from equity method investees follows:  
             
        Three Months Ended   Nine Months Ended
        September 30,   June 30,   September 30,   September 30,
          2024       2024       2024       2023  
        (millions)
      Earnings from equity methods investees $ 40     $ 39     $ 125     $ 132  
      Plus: Depreciation and amortization attributable to equity method investees   20       21       61       61  
      Plus: Interest expense attributable to equity method investees   10     $ 7       26       19  
      EBITDA from equity method investees $ 70     $ 67     $ 212     $ 212  
                     
     
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Adjusted EBITDA
    Gathering Segment (non-GAAP, unaudited)
                     
        Three Months Ended   Nine Months Ended
        September 30,   June 30,   September 30,   September 30,
          2024       2024     2024       2023
      Gathering (millions)
      Net Income Attributable to DT Midstream $ 17     $ 25   $ 65     $ 78
      Plus: Interest expense   26       27     80       69
      Plus: Income tax expense   6       9     22       30
      Plus: Depreciation and amortization   35       34     101       83
      Plus: Loss from financing activities   2       —     2       —
      Less: Interest income   (1 )     —     (1 )     —
      Adjusted EBITDA $ 85     $ 95   $ 269     $ 260
                     
     
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Distributable Cash Flow (non-GAAP, unaudited)
                         
            Three Months Ended   Nine Months Ended
            September 30,   June 30,   September 30,   September 30,
              2024       2024       2024       2023  
       Consolidated
    		 (millions)
       Net Income Attributable to DT Midstream $ 88     $ 96     $ 281     $ 263  
       Plus: Interest expense   38       39       117       111  
       Plus: Income tax expense   30       33       94       102  
       Plus: Depreciation and amortization   53       53       156       133  
       Plus: Loss from financing activities   4       —       4       —  
       Plus: Adjustments for non-routine items(1)   (416 )     —       (416 )     (371 )
       Less: Earnings from equity method investees   (40 )     (39 )     (125 )     (132 )
       Less: Depreciation and amortization attributable to noncontrolling interests   (1 )     (1 )     (3 )     (3 )
       Plus: Dividends and distributions from equity method investees   465       50       590       557  
       Less: Cash interest expense   (6 )     (64 )     (80 )     (76 )
       Less: Cash taxes   (4 )     (1 )     (7 )     (21 )
       Less: Maintenance capital investment(2)   (4 )     (6 )     (17 )     (22 )
       Distributable Cash Flow $ 207     $ 160     $ 594     $ 541  
                         
      (1) Distributable Cash Flow calculation excludes certain items we consider non-routine. For the three and nine months ended September 30, 2024, adjustments for non-routine items included the $416 million Millennium financing distribution. For the nine months ended September 30, 2023, adjustments for non-routine items included the $371 million NEXUS financing distribution.
      (2) Maintenance capital investment is defined as the total capital expenditures used to maintain or preserve assets or fulfill contractual obligations that do not generate incremental earnings.
                         

    The MIL Network –

  • MIL-OSI United Kingdom: Cost-of-living crisis impacted Black health – study

    Source: Anglia Ruskin University

    Published: 29 October 2024 at 10:58

    Rise in inflation and bank rates associated with rise in discrimination and worse health

    A groundbreaking new study has revealed the significant impact of the cost-of-living crisis on discrimination and health outcomes among Black people in the UK, with rising interest and bank rates associated with deterioration in general and mental health and rising discrimination.

    The study, published in the journal Ethnic and Racial Studies during Black History Month, is the first to examine the impact of interest and bank rates during the cost-of-living crisis on the health of Black people.

    Researchers from Anglia Ruskin University (ARU) distributed participation forms during social events in London celebrating 2021 Black History Month. An e-questionnaire was sent to participants between October and December 2021. Follow-up data collection occurred in 2022 and 2023. A total of 264 people took part in the research in 2021, 235 in 2022, and 223 in 2023, resulting in 722 observations overall.

    According to the study, during the 2022/2023 cost-of-living crisis, discrimination towards Black people increased by 3.75%, general health decreased by 4.45% and mental health decreased by 5.62%.

    Instances of discrimination were associated with a 26.4% deterioration in general health and a 27.1% deterioration in mental health.

    Inflation rose from 2.49% in 2021 to 7.9% in 2022, before falling to 6.83% in 2023. In the same time period, the Bank of England’s base interest rate rose from 0.11% in 2021 to 1.58% in 2022 and further to 4.81% in 2023. Researchers found that among the participants, inflation was associated with a 2.9% increase in discrimination towards Black people, while the rising bank rate was associated with a 1.1% increase in discrimination.

    Rising inflation was linked to a 2.3% decline in general health and a 2.5% decline in mental health, while the Bank Rate is associated with a 1.9% decline in general health and a 2.3% decline in mental health.

    The study also found that minority subgroups within the Black community, such as gay men and lesbian women, face higher levels of discrimination and poorer health outcomes compared to reference groups.

    Lead author Nick Drydakis, Professor of Economics at Anglia Ruskin University (ARU), said:

    “The study provides critical insights into how discrimination is related to general and mental health outcomes within the Black community during the cost-of-living crisis. 

    “It was a time of great uncertainty for the majority of people living in the UK and is still having an impact today, but it is clear that it had a disproportionate impact on minority groups.

    “In times of social and economic upheaval, tensions between different communities often intensify, particularly when dominant groups believe their access to resources to be under threat. This can in turn lead to a rise in prejudice and discrimination.

    “The study underlines the need to work towards creating a more equal society and improving the well-being of everybody, particularly those who are most vulnerable.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New road layout coming soon to Downshire Bridge

    Source: Northern Ireland City of Armagh

    Improvements will enhance pedestrian accessibility creating a safer environment for everyone.

    A new road layout will be introduced to Downshire Bridge (The Cut) Banbridge as the £6m public realm scheme nears completion following a major investment. Changes to enhance pedestrian accessibility and the movement of traffic around the Downshire Bridge will take effect from 7pm on Sunday 17th November 2024.

    Road resurfacing and new layout works will take place from 7pm on Saturday 16th November through to 7pm on Sunday 17th November. Overnight weekend works will be carried out to minimise disruption to the busy town centre.

    The key changes coming into effect from Sunday 17th November 2024 will be:

    • The introduction of two ‘Give Way’ signs and road markings at the top of Newry Street and Bridge Street. This means drivers should stop and give way on their approach up the legs of ‘The Cut’.
    • The traffic priority will now be for vehicles moving through Scarva Street and Rathfriland Street.
    • The existing pedestrian crossing on Scarva Street has been moved closer to the junction with Bridge Street.
    • A second pedestrian crossing on Rathfriland Street, close to Houston’s/Menary’s shop corner which aims to create a safer street crossing for pedestrians in this area.

    Lord Mayor of Armagh City, Banbridge and Craigavon Borough, Councillor Sarah Duffy said:

    “As public realm works near completion it is great to see the positive impact this significant investment has had to Banbridge Town Centre. With new and improved pavements and footpaths, feature lighting and street furniture this project has not only created a high-quality and better-connected streetscape, it has strongly focused on improving safety and accessibility for all users to create a safer environment for everyone.

    “The remaining works will introduce changes surrounding the Downshire bridge with priority for pedestrians, as well as improving the junctions for vehicles and traffic flow across the bridge. I understand it will take time to adjust to the new layout and I encourage everyone to embrace the changes recommended to improve this area and make it safer for everyone.”

    During the initial design stages of the public realm scheme, extensive consultations were undertaken with a range of user groups including the Chamber of Commerce, Section 75 groups, such as RNIB, Guide Dogs UK and the Older People’s Alliance.  The Department for Infrastructure advised that the junction at The Cut should be improved to adhere to new guidance.

    An audit was carried out by Inclusive Mobility and Transport Advisory Committee (IMTAC), which identified the junction as a particularly unfriendly environment for pedestrians.

    Michael Larimor, from IMTAC, who completed the audit report on Banbridge commented:

    “In our original report about the area around the bridge we described the layout as an unfriendly environment for most pedestrians but completely inaccessible for many disabled people. The new road layout goes a long way to addressing these issues.

    “The simple change of road priority requiring users of the bridge slip roads to give way immediately makes pedestrians crossing at junctions safer. This coupled with two zebras providing pedestrians with priority crossing across Scarva Street and Rathfriland Street changes the nature of the bridge area completely, giving a much greater priority to pedestrians in the area. The improved sight lines and the reinstatement of kerbs, coupled with the changes in road priority makes the entire area safer and more accessible for disabled people in particular.”

    New road layout signage will be in operation to make drivers and pedestrians aware of the changes and to remind them to approach with caution until users become familiar with the new road layout.

    To find out more information about the public realm scheme and to view a video animation of the new road layout and changes coming into effect on Sunday 17th November 2024, please visit www.armaghbanbridgecraigavon.gov.uk/banbridgepublicrealm

    MIL OSI United Kingdom –